HomeMy WebLinkAbout_05 14 2024 City Council Agenda Packet
PERSONNEL PLAN
2025-2029
2025 – 2029 Personnel Plan / Page 2
INTRODUCTION
Similar to how the City plans its infrastructure and equipment needs through the Capital Improvement Plan (CIP), this personnel plan is designed
to address the staffing needs required to support the anticipated demand for city services as Prior Lake grows. The general fund budget is
dominated by personnel costs (70.8% of the total budget in 2024) which explains why planning for personnel is critical for long-range planning
forecasts. This plan projects the anticipated staffing requirements for the City of Prior Lake through 2029. It will be revisited annually to adapt to
the evolving needs and expectations of the community.
The objectives of the plan include:
• Informing annual and long-range budget discussions and decisions;
• Forecasting future demands for service; and
• Identifying the resources required to perform current service levels in the future.
This five-year document will be incorporated into the city’s long-range financial plan and will be updated each year to inform the annual budget
process. Departments will be responsible for providing the metrics to justify the personnel requests and impact on current service levels during
annual budget deliberations. This document focuses only on the need and rationale for each position request. The discussion on how the city will
pay for these positions will be held through the annual budgeting process in consideration with other budget requests like the CIP. The City Council
will determine the addition and timing of any new staff additions.
BACKGROUND
The personnel of the City of Prior Lake provide essential services to 27,855 (2022 Met Council population estimate) residents over approximately
nineteen square miles. In addition, the residents of Spring Lake Township, the City of Credit River, and the Shakopee Mdewakanton Sioux
Community (SMSC) receive public safety services from the City. Prior Lake has grown at a steady pace of about five hundred residents annually in
one of the fastest growing counties in Minnesota. The Metropolitan Council forecasts Prior Lake’s population will grow to 37,600 residents by
2040.
Cities do not grow solely in terms of population or households as the services -- infrastructure, parks, public safety, and technology, to name a few
– that are required to accommodate such growth must expand as well. These services are supported by municipal employees together with the
equipment, supplies and training necessary to execute their functions.
The City of Prior Lake currently operates with 118.65 employees, including the addition of 12 new full-time firefighters in 2023. The majority (76%)
of employees work Public Works, Police Department, and Fire Department, most of whom are considered essential employees. The city hires
around fifty seasonal and temporary positions each year and employs 25 paid on-call firefighters.
2025 – 2029 Personnel Plan / Page 3
PERSONNEL NEEDS THROUGH 2029
Below is an overview of the projected staffing needs to maintain current service levels through 2029. Community Development and Finance have
added positions in the past few years and should be adequately staffed for several years. Administration and Fire have identified a couple of key
positions to round out those departments’ staffing needs into the future. To address supervisory span of control, Public Works proposes an
additional position in 2025. On the following pages, each department is profiled with a summary of all current and proposed positions within the
department and a rationale for each new FTE request.
NOTE: The Police Department is in the process of a staffing/scheduling study with an external consultant. The findings of that study should be
ready later this summer. The Police Department section of this report is to be determined and will be entered upon completion of the study.
*Does not include potential staffing additions for the Police Department
Department 2025 2026 2027 2028 2029
Administration (8)
- 1 .62 - -
Community Development (10.8)
- - - - -
Finance (6.8)
.2 - - - -
Fire (14)
- 1 - - -
Police (39.42) TBD TBD TBD TBD TBD
Public Works (39.63) 1 - - 1 .37
Total New*: 1.2 2 .62 2 .37
Total City Headcount (118.65)
2025 – 2029 Personnel Plan / Page 4
DEPARTMENT
PROFILES
2025 – 2029 Personnel Plan / Page 5
ADMINISTRATION
*2026: Administrative Assistant. This will be a hybrid position that will support the Fire Department, City Manager, and staff the front desk of
City Hall. By 2026, the full-time Fire Department will have been functioning for two full years, including implementing a fire safety inspection
program for all commercial buildings and beefing up public education. Administrative support will be required to assist with scheduling
inspections, follow-up paperwork, organizing education events, etc. The City Manager requires administrative support for the scheduling,
correspondence, and other executive assistance. These duties used to fall to the combination HR support/executive assistant position which
transitioned to full-time HR duties in 2022. As for City Hall, we anticipate transitioning the Deputy City Clerk away from reception area duties
into full-time clerk duties because of increased elections administration mandates by the State and records management needs. The
Administrative Assistant will greet customers, answer phones, check mail, and conduct front desk tasks so the Deputy City Clerk can focus full-
time on clerk duties.
*2027: Communications Specialist/Graphic Designer (.62 FTE). With the Prior Lake American going out of business combined with continued
growth of the community, additional communications support is needed to effectively reach residents. Communicating with the public is a core
city service, and as a local government, we are obligated to provide timely, relevant information to our citizens to ensure transparency and
accountability. The time required to create videos, social media content, news, website updates, and other content is increasing. Additional
support is needed to help manage the city’s website and to create graphics for all city communications mediums.
Total FTEs in 2024 – 8
Administration 2025 2026 2027 2028 2029
City Manager 1 1 1 1 1
Assistant City Manager 1 1 1 1 1
City Clerk 1 1 1 1 1
Deputy City Clerk 1 1 1 1 1
HR Coordinator 1 1 1 1 1
Communications Manager 1 1 1 1 1
Communications Specialist - - .62* .62 .62
IT Manager 1 1 1 1 1
IT Specialist 1 1 1 1 1
Admin Assistant - 1* 1 1 1
TOTAL: 8 9 9.62 9.62 9.62
2025 – 2029 Personnel Plan / Page 6
COMMUNITY DEVELOPMENT
Due to the addition of new FTEs in recent years, no new personnel additions are anticipated through 2029. A seasonal Development Services
Assistant position was converted to a part-time (0.8 FTE) position in 2022. The financial impact was not significant for the part-time position as
the City previously paid an hourly rate for seasonal assistance and wages and benefit costs associated with this position will be covered with
building permit revenues. One full-time Building Inspector position was added in 2021 which was primarily funded for two years by a Building
Official Training Grant Program grant received from the Minnesota Department of Labor and Industry. This new Building Inspector position was
necessary due to the increased demand for inspections, plan review, and permit issuance. In addition to plan review and assisting customers at
the counter, the city issues over 2,800 building permits and conducts 6,000+ building inspections per year. It is common during the busier times
of year for each inspector to have over twenty inspections on their daily calendar. Current staffing levels should meet the demand for services for
the foreseeable future.
Total FTEs in 2024 – 10.8
Community Development 2025 2026 2027 2028 2029
Comm Development Director 1 1 1 1 1
Building Official 1 1 1 1 1
Building Inspector 3 3 3 3 3
Code Enforcement Officer 1 1 1 1 1
Planner 2 2 2 2 2
Development Services Assistant 2.8 2.8 2.8 2.8 2.8
TOTAL: 10.8 10.8 10.8 10.8 10.8
2025 – 2029 Personnel Plan / Page 7
FINANCE
*2025: Assistant Finance Director (.2 FTE). This position was budgeted at .8 FTE in 2023. The Assistant Finance Director will transition to a full-
time position in 2025.
Total FTEs in 2023 – 6.8
Finance 2025 2026 2027 2028 2029
Finance Director 1 1 1 1 1
Asst Finance Director 1* 1 1 1 1
Sr Financial Analyst/Sr Accountant 1 1 1 1 1
Financial Analyst 1 1 1 1 1
Account Specialist 1 1 1 1 1
Utility Billing Clerk 2 2 2 2 2
TOTAL: 7 7 7 7 7
2025 – 2029 Personnel Plan / Page 8
FIRE
*2026: Fire Marshal. One of the first initiatives full-time staff focused on was building a pre-plan and inspection program. Conducting the inventory
and building a database of all commercial buildings in Prior Lake will likely take two years. To date, Fire Department personnel have begun the
process of pre- planning and performing life safety inspections on over fifty commercial and multifamily properties. This is a significant task that
requires dedicated on-going management. The proposed Fire Marshall will hold State certification; currently, the Fire Chief is the city’s Fire
Marshal, but he does not hold the certification. The Fire Marshal will manage the pre-plan and fire inspection programs for multi-family,
commercial, and educational properties in the Fire Department service area and will have the authority to enforce state law, local statute, and fire
code violations. The Fire Marshal will also be tasked with creating a preliminary fire investigation program to better secure evidence and site
preservation of fire scenes and to lead the follow-up required by the State Fire Marshal investigator. The Fire Marshal will develop and manage a
training program for firefighters related to inspections, pre-planning, and investigations.
*2026: Administrative Assistant. See Administration section on page 5.
Total FTEs in 2024 - 14
Fire 2025 2026 2027 2028 2029
Fire Chief 1 1 1 1 1
Assistant Fire Chief 1 1 1 1 1
Fire Marshall - 1* 1 1 1
Full-time Fire Captain 3 3 3 3 3
Full-time Firefighter 9 9 9 9 9
TOTAL:
14 15 15 15 15
2025 – 2029 Personnel Plan / Page 9
POLICE
The Prior Lake Police Department (PLPD) is unique in that it provides services to two communities - Prior Lake and the Shakopee Mdewakanton
Sioux Community (SMSC). Significant resources have been added over the past few years to catch up with historic staffing shortages. PLPD is in a
much better position to provide police services so the timing is right to assess staffing needs into the future. In 2024, the PLPD is working with the
consulting firm BerryDunn on a data-driven analysis of staffing needs and an evaluation of current work processes. This analysis should be complete
by late summer 2024. At that time, the personnel plan will be updated with the PLPD staffing needs and shared.
Total FTEs in 2024 – 39.42
Police 2024 2025 2026 2027 2028
Police Chief 1 1 1 1 1
Commander 2
Sergeant 6 T T T T
Patrol Officer/Investigator 24* B B B B
Records Supervisor 1 D D D D
Records Specialist 3.62
Community Service Officer .8
Evidence Room Technician 1
TOTAL: 39.42
2025 – 2029 Personnel Plan / Page 10
PUBLIC WORKS
*2025: Public Works Supervisor. In 2022, the vacant Public Works Supervisor (Utilities) position was converted to a full-time Maintenance Worker
position. This conversion was made after an unsuccessful internal and external recruitment for the supervisor position with the intention to focus
on developing current team members into a future supervisor. With the multi-million dollars of planned and necessary utility maintenance projects
over the next several years (sewer lining, SCADA upgrade, water treatment facility filter beds, etc.), positioning a team member to lead the
management and delivery of these projects is critical. The addition of this position will allow these duties to be shifted away from the Assistant
Public Works Director so he can focus more fully on the city-wide facility maintenance needs. As a utility position, this position has been planned
for and will be funded from the city’s utility enterprise funds.
*2028: Facilities Maintenance Manager. With the departure of the Maintenance Superintendent in 2023, and subsequent reclassification of this
position to Assistant Public Works Director, combined with the city’s continuing demand for facility support, there is a need for additional resources
and expertise focused on facility maintenance and capital facilities projects. Based on the current proposal to consider the addition of this position
in 2028, adjustments to the long-range capital facility plan may be necessary, including large pending projects at City Hall and the Police
Department.
*2029: Recreation Programmer (0.37 FTE). In anticipation of a continued increase and demand for city recreation programs and activities, it is
proposed to increase the current part-time to full-time.
Total FTEs in 2024 – 39.63
Public Works 2025 2026 2027 2028 2029
PW Director/City Engineer 1 1 1 1 1
Assistant Public Works Director 1 1 1 1 1
Supervisor* 3* 3 3 3 3
Facility Maintenance Manager - - - 1* 1
Mechanics 3 3 3 3 3
Maintenance Worker/Operator 22 22 22 22 22
Facilities Maintenance 1 1 1 1 1
GIS Coordinator*** 1 1 1 1 1
PW Specialist 1 1 1 1 1
Asst City Engineer 1 1 1 1 1
Engineering Tech 2 2 2 2 2
Water Resource Engineer 1 1 1 1 1
Parks & Recreation Manager 1 1 1 1 1
Recreation Supervisor 1 1 1 1 1
Recreation Programmer 1.63 1.63 1.63 1.63 2*
TOTAL: 40.63 40.63 40.63 41.63 42
2025 – 2029 Personnel Plan / Page 11
ATTACHMENT B: Org Chart
CHECK REGISTER FOR CITY OF PRIOR LAKE 1/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
Bank 1 General Bank
6.00 Apr 2024 Electric BillSHAKOPEE PUBLIC UTILITIES0001938811123(E)04/15/2024
4,477.00 Crane InspectionALL TEST & INSPECTION INC0002795911124(A)04/18/2024
663.00 PM Maintenance on pressure washers AMERICAN PRESSURE INC0000158011125(A)04/18/2024
166.78 Injector
829.78
155.00 Mileage/Parking - Water SchoolBRAD DOERR0002811511126(A)04/18/2024
2,400.00 Remote Training - Building DeptBS&A SOFTWARE0002684111127(A)04/18/2024
1,379.94 Apr 2024 Carpet Cleaning - LibCOMMERCIAL STEAM TEAM0000372511128(A)04/18/2024
150.00 Safety Boots 2024DANIEL MEGER0001332411129(A)04/18/2024
211.50 Per Diem - AXON ConferenceDANIEL OLSON0002836811130(A)04/18/2024
30.71 9215 Squad supplies EMERGENCY AUTOMOTIVE TECH INC0000548011131(A)04/18/2024
91.96 9215 Squad supplies
97.44 9215 Squad supplies
220.11
100.00 Soil TestingFARMERS MILL & ELEVATOR INC0002763211132(A)04/18/2024
79.50 Wing bolts FASTENAL COMPANY0000614011133(A)04/18/2024
10,233.06 Water Treatment ChemicalsHAWKINS INC0000831211134(A)04/18/2024
2,658.75 Lakefront Park PlaygroundHOISINGTON KOEGLER GROUP INC0000873011135(A)04/18/2024
49.85 Candy - Front DeskINNOVATIVE OFFICE SOLUTIONS LLC0002714911136(A)04/18/2024
165.50 Per Diem - Laserfiche ConferenceJENNIFER BISEK0002714711137(A)04/18/2024
180.00 Mar 2024 PD Counseling ServicesLEAST SERVICES/COUNSELING LLC0002761311138(A)04/18/2024
1,808.62 Altair PartsMACQUEEN EQUIPMENT INC0001305411139(A)04/18/2024
83.91 472 Sweeper parts
54.44 472 Sweeper parts
(45.52)Clamp
1,901.45
160.00 SCBA Exam/Quantitative Fit TestingMED-COMPASS INC0001330611140(A)04/18/2024
7,423.00 Color Copier - City HallMETRO SALES INCORPORATED0001338611141(A)04/18/2024
450.00 2024 Vactor Discharge Permit FeeMETROPOLITAN COUNCIL0001340011142(A)04/18/2024
500.00 2024 WTP Discharge Permit
950.00
1,383.79 Paper SuppliesNETWORK SERVICES COMPANY0001438111143(A)04/18/2024
982.00 Mar 2024 General Labor and Employment MaNILAN JOHNSON LEWIS0000812311144(A)04/18/2024
843.00 2024 LELS Health Insurance Arbitration
1,540.50 2024 AFSCME Health Insurance Mediation
3,365.50
211.50 Per Diem - AXON Conference PHILLIP ENGLIN0002854611145(A)04/18/2024
76.50 Support - PL Library Door ProgrammingPRO-TEC DESIGN INC0002742911146(A)04/18/2024
2,281.51 Repair - City Hall Cameras
4,158.68 HVAC Card Reader Additions
6,516.69
60.00 Dump ChargeWM MUELLER & SONS INC0002364511147(A)04/18/2024
174.84 Asphalt
CHECK REGISTER FOR CITY OF PRIOR LAKE 2/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
346.40 Asphalt
581.24
91.58 508 TailLamp AssemblyWOLF MOTOR CO INC0002367511148(A)04/18/2024
212.17 494 TailLamp Assembly
303.75
31.00 501 Wheel studs ZIEGLER INC0002650011149(A)04/18/2024
989.89 501BR broom diagnosis
9,127.18 501 Skidloader hydraulic system flush
10,148.07
52.00 Mar 2024 COBRA Admin FeesALERUS0000137511150(E)04/22/2024
1,847.20 Apr 2024 Phone BillsNUVERA0001930411151(E)04/22/2024
426.93 Mar 2024 Fuel TaxMN DEPT OF REVENUE0001361211152(E)04/19/2024
429.00 Mar 2024 Sales TaxMN DEPT OF REVENUE0001361211153(E)04/19/2024
16,698.44 Apr 2024 Electric BillsMN VALLEY ELECTRIC0001373811154(E)04/22/2024
3,790.76 Final Drainage ImprovementsBITUMINOUS ROADWAYS INC0000240011155(A)04/26/2024
792.00 IT SupportCOMPUTER INTEGRATION TECH0000376011156(A)04/26/2024
294.50 Aruba Switch Replacement
1,086.50
168.16 Lid PlugCORE & MAIN0002732811157(A)04/26/2024
5,032.00 457 Tommy GateCRYSTEEL TRUCK EQUIPMENT0000395511158(A)04/26/2024
385.00 US Flags & PartsDISPLAY SALES COMPANY0000449311159(A)04/26/2024
682.00 Flags
1,067.00
58.91 9215 Magnetic Mic ClipEMERGENCY AUTOMOTIVE TECH INC0000548011160(A)04/26/2024
58.72 Well 6 - Valve ReplacementFASTENAL COMPANY0000614011161(A)04/26/2024
4,850.85 Fire Hose/Ground Ladder TestingFIRE CATT0000645411162(A)04/26/2024
59.40 RootsawFLEXIBLE PIPE TOOL CO0000666011163(A)04/26/2024
355.50 Warthog Skid
414.90
1,395.00 Fire Pickup Truck DecalsGRAFIX SHOPPE0000761511164(A)04/26/2024
256.00 482 Trailer tires HART BROS TIRE CO0000823711165(A)04/26/2024
11,280.00 Ponds Park - Phase 2HOISINGTON KOEGLER GROUP INC0000873011166(A)04/26/2024
8.68 StaplerINNOVATIVE OFFICE SOLUTIONS LLC0002714911167(A)04/26/2024
252.25 #10 Envelopes
59.36 Name Plate - Zurbey/Watson
320.29
13,810.55 Class 5KRAEMER MINING & MATERIALS INC0000536511168(A)04/26/2024
159.49 519 Wing bolt LITTLE FALLS MACHINE INC0001270511169(A)04/26/2024
123.30 472 Hoses MACQUEEN EQUIPMENT INC0001305411170(A)04/26/2024
65.00 Calibration
188.30
109,085.90 Final Fish Pt Road Phase 1 TRN20-0000001MCNAMARA CONTRACTING INC0001328611171(A)04/26/2024
171,279.78 May 2024 Waste Water ServiceMETROPOLITAN COUNCIL0001340011172(A)04/26/2024
12,500.00 2023 YE AuditMMKR & CO0001374911173(A)04/26/2024
CHECK REGISTER FOR CITY OF PRIOR LAKE 3/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
40.47 Toro Workman V-BeltMTI DISTRIBUTING INC0001395111174(A)04/26/2024
1,110.64 Irrigation Parts
125.59 504 Fuel Filter
215.23 537 Turn signal switch
36.70 537 Relay
(1,248.71)Toro Returned Parts
(45.77)Filter
234.15
1,198.48 Paper SuppliesNETWORK SERVICES COMPANY0001438111175(A)04/26/2024
290.00 Hi VIs VestsNORTH AMERICAN SAFETY0001457411176(A)04/26/2024
2,015.62 Hi Vis Shirts + Seasonal Shirts
1,606.25 Cotton/Poly Shirts + Ear Muffs
475.15 Rec Sweatshirts
457.60 Rec T-Shirts
4,844.62
400.00 Apr 2024 ROWay AppPERRILL0000650211177(A)04/26/2024
390.14 429 Hot box electric jack RIGID HITCH INC0001847511178(A)04/26/2024
152.63 452 Hitch
542.77
135.93 Air Freshener ULINE0002125011179(A)04/26/2024
481.92 Guardian Angel LightsWARNING LITES OF MINNESOTA0002319611180(A)04/26/2024
649.60 AsphaltWM MUELLER & SONS INC0002364511181(A)04/26/2024
480.80 Asphalt
1,130.40
206.33 Lamp AssemblyWOLF MOTOR CO INC0002367511182(A)04/26/2024
73.37 Brake Lining Kit
178.24 8312 Heater door motor
457.94
760.75 Springview MeadowsWSB & ASSOCIATES INC0002378011183(A)04/26/2024
7,581.00 General Engineering Support
941.75 Jeffers Pond - Outlot C - First Addition
89.50 Preserve at Jeffers Pond
1,511.00 Fish Point Road Phase III Intersection I
161.00 2023 SWPPP/MS4
249.00 Filter Evaluation
679.00 2024-2025 Pavement Management Project
2,551.00 2024-2025 Pavement Management Project
6,286.25 H&H Resiliency Study
7,888.75 Panama & 13 Water Quality Credit Retrofi
1,479.75 2040 Park System Plan Finalization
8,599.00 Estate Avenue, Lord's Street, and 150th
10,901.50 TH 13 Trail Connection Project
1,505.00 Water Resource Staff Augmentation
1,422.00 2023 Asset Management Consulting Service
2,293.00 2023-2024 Stormwater Pond Maintenance
413.00 2023-2024 MSAS System Updates
508.50 2023 XPSWMM Model Updates
237.00 Lords Street Bridge Rehab Project
CHECK REGISTER FOR CITY OF PRIOR LAKE 4/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
1,300.75 Culvers
5,963.25 Martindale Reclamation Project
63,321.75
476.77 FS1 Generator coolant leak ZIEGLER INC0002650011184(A)04/26/2024
536.73 501 Warranty Inspection
1,013.50
7,949.90 1st Qtr 2024 State SurchargeMN DEPT OF LABOR & INDUSTRY0001380111185(E)04/25/2024
404.00 Apr 2024 HSA Admin FeesALERUS0000137511186(E)04/26/2024
8,362.56 Apr 2024 Natural Gas BillsCENTERPOINT ENERGY0001357011187(E)04/29/2024
22,679.68 May 2024 Electric BillsXCEL ENERGY0001472011188(E)04/29/2024
6,452.40 May 2024 Dental PremiumsMETLIFE0002853311189(E)05/01/2024
4,595.50 Martindale/Henning/Hickory ReclamationBOLTON & MENK INC0000263711190(A)05/03/2024
200.00 Budgeting Training - GiesekeBS&A SOFTWARE0002684111191(A)05/03/2024
161.06 Mileage - TrainingCODY STEINHAUS0002749811192(A)05/03/2024
1,536.00 May 2024 CIT Managed BackupCOMPUTER INTEGRATION TECH0000376011193(A)05/03/2024
2,790.00 Apr 2024 Office 365
177.00 Black Cat6 Patch Cable
4,503.00
6,474.00 May 2024 CleaningCOVERALL0002757111194(A)05/03/2024
131.60 9215 Squad supplies EMERGENCY AUTOMOTIVE TECH INC0000548011195(A)05/03/2024
23.15 Flap discs FASTENAL COMPANY0000614011196(A)05/03/2024
175.50 Per Diem - Laserfiche - SimonHEIDI SIMON0002818311197(A)05/03/2024
29.68 Name Plate - SchwarzINNOVATIVE OFFICE SOLUTIONS LLC0002714911198(A)05/03/2024
81.38 Misc Office Supplies
111.06
109.21 Jan-Apr 2024 MileageKELSEY COY0001126211199(A)05/03/2024
238.20 784 Spray Wand CouplingsMACQUEEN EQUIPMENT INC0001305411200(A)05/03/2024
282.00 April 2024 Yoga InstructorMARY MULLETT0002817211201(A)05/03/2024
249,300.00 2024 Tax Assessment ContractSCOTT COUNTY0001921211202(A)05/03/2024
3,000.00 2024 Aerial Imagery
252,300.00
9,373.59 May 2024 Electric Bills #2XCEL ENERGY0001472011203(E)05/03/2024
19.30 Apr 2024 Merchant FeesAUTHORIZE.NET0002682111204(E)05/02/2024
169.96 Uniform - SteinhausASPEN MILLS0000189111395704/18/2024
77.87 City Hall 1st Aid SuppliesCINTAS CORPORATION0000350611395804/18/2024
2,110.63 Club Prior Senior CenterCNH ARCHITECTS0002852911395904/18/2024
157.78 Street SweepingsDEM-CON LANDFILL LLC0000436011396004/18/2024
31.78 UB refund for account: 10024129DISTINCTIVE DESIGNREFUND-UB11396104/18/2024
945.00 Spring Break Survival CampECOELSA LLC0002830511396204/18/2024
1,300.00 Annual ReportFACTOR3 DIGITAL LLC0002753911396304/18/2024
290.00 Fire Studio TrainingFASTSPRING0002815211396404/18/2024
4,781.49 12 Plug ValveFERGUSON WATERWORKS #25160000623111396504/18/2024
136.00 DirtHERMAN'S LANDSCAPE SUPPLIES0000861711396604/18/2024
136.00 Dirt
51.00 Mulch
323.00
3,937.50 PL Welcome BannersHOLIDAY OUTDOOR DECOR0002855911396704/18/2024
65.00 Refund - Community GardenJUDITH SULLIVANREFUND-REC11396804/18/2024
CHECK REGISTER FOR CITY OF PRIOR LAKE 5/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
22.02 UB refund for account: 40654201KEARNS DIANEREFUND-UB11396904/18/2024
12.06 UB refund for account: 10555300KIRCHOFF RICHARDREFUND-UB11397004/18/2024
6,400.00 Q1 Heating Inspection & Preventative MaiKLAMM MECHANICAL CONTRACTORS INC0002690411397104/18/2024
34.84 UB refund for account: 40725902KLUG NICHOLASREFUND-UB11397204/18/2024
14,000.00 Refund Grading Escrow - Majestic DevelopLANDTITLEMISC-CD11397304/18/2024
68.48 535 Cabin FilterLANO EQUIPMENT INC0001225511397404/18/2024
68.48 535 Cabin Filter
136.96
1,500.00 P17-1154 4207 Quaker Trail NE - ROWLEADERSHIP INVESTMENT, INC.MISC-CD11397504/18/2024
120.51 UB refund for account: 10129102LUND JAMESREFUND-UB11397604/18/2024
1,105.00 Winter TruckingM-BOHNSACK TRUCKING & EXCAVATING0002852011397704/18/2024
73,457.87 Co-op Agreement - State Furnished MateriMN DEPT OF TRANSPORTATION0001382611397804/18/2024
48.00 LumberMONNENS SUPPLY INC0001390911397904/18/2024
35.35 UB refund for account: 30598901MWEBE MICHAELREFUND-UB11398004/18/2024
9.42 UB refund for account: 10598101PETRICKA JEANREFUND-UB11398104/18/2024
42.01 UB refund for account: 40872901PRABHU NITINREFUND-UB11398204/18/2024
119.97 1st Quarter 2024 Bottled WaterQUENCH USA INC0002831111398304/18/2024
500.00 Lakeside Big Bank Performance 5/8/24RONALD SIVEN0002856611398404/18/2024
12.46 UB refund for account: 10438700SCHLITZ JOHN & JACKIEREFUND-UB11398504/18/2024
28,129.33 1st Quarter 2024 Court FinesSCOTT COUNTY ATTORNEY0001923211398604/18/2024
1,240.00 Pond Mowing SignsSDDI SIGNS0002758511398704/18/2024
17,883.76 Engineering - Sewer Lining ProgramSEH INC0001933911398804/18/2024
1,430.80 Yard WasteSMSC0001938411398904/18/2024
511.35 Yard Waste
1,942.15
242.00 Apr 2024 Portable Toilets - Lakefront & SPECIALIZED SANITATION0001970311399004/18/2024
109.36 UB refund for account: 30358300SPITZMUELLER WOODROWREFUND-UB11399104/18/2024
19.99 Unform - B.EricksonSTREICHERS0001990011399204/18/2024
1,737.65 Apr 2024 Refuse & RecyclingSUBURBAN WASTE SERVICES0002852411399304/18/2024
238.86 UB refund for account: 20383602TACK RICHARDREFUND-UB11399404/18/2024
299.00 Training Drone Class JCUS BANK0000210511399504/18/2024
360.00 Simon - Clerks Institute - Year 2
121.28 3/12 Council Dinner
850.00 Wedel/Briggs Annual Conference
122.50 PE License Renewal
83.65 Support Services Recognition
1,074.83 Bearing Puller
299.00 1/2" Impact Wrench
60.04 Cooling System Adapter
4.99 Screwdrivers
256.05 Post Pounder Parts
232.90 Shop Radio
116.00 Training - McCabe/Wedel
149.95 2024 Safety Boots
90.96 Chip & Dip Day Supplies
372.00 2024 Subscription
49.00 Soap - City Hall
3,576.00 2024 Live Web Streaming & Hosting
1,197.00 Background Checks - Seasonals
14.95 ACA Reporting
49.00 ACA Reporting
59.78 ACA Reporting
212.00 Membership Dues - Englin
1,100.00 Chief's Conference - Duggan/Englin
720.00 2024 License Renewals
CHECK REGISTER FOR CITY OF PRIOR LAKE 6/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
34.25 Squad CORE Cords
447.06 Office/EE of the Year Awards
67.52 Soda - CONDAC meeting/Gum - EE Council
70.00 Work Zone Safety Overview
91.86 Well 7 Junction Box/Fitting
49.63 Misc PW Office Supplies
62.96 Misc PW Office Supplies/Computer Accesso
303.06 PW Quarterly Meeting
57.81 Manual Pneumatic Valve - Sign Shop
1,230.20 Blinds - IT/Rec Windows
375.82 APWA Spring Conference Lodging - Brotzle
1,241.98 2024 Spring Conference - BrotzlerMonseru
427.72 Cater CONDAC Meeting - Brotzler
44.35 Windshield Washer Fluid
48.74 Fire Extinguisher Bracket - Squad 7109
27.78 Cell Phone Case - Schaefer
80.46 Training Ear Plugs
1,498.00 Olson/Englin - Conference
0.99 50 GB iCloud Stoage
276.19 Airfare - AXON Conference - Englin
279.16 Airfare - AXON Conference - Olson
299.00 Non-Criminal Barricade Response - Rion G
395.00 Evidence Certification Course - Englin
390.00 Training - Recognizing Pre-Attack Indica
54.89 Training Instructor Polo BE44
243.44 SRT Gear - GK
19.90 Training Drone Study Guide JC42
97.95 Door Stops/Radio Clip
15.98 SRT Field Team Gear
699.98 Training - Floor Mats
322.32 Training Mats
13.95 PD - Shipping Fee
600.00 Training FXF Course JL63
299.00 Training Drone Class AB31
200.00 SRT Base Layer NG61
9.98 Airfare - Lannon/Grundei
353.54 SRT Pants - CO
111.99 Plain Clothes Holster
38.47 Drone Replacement Props
191.30 Training - Remote Pilot Course JC42
104.68 Office Supplies
170.73 Hotel - MAPET Conference - Burton
225.00 Annual Conference - Burton
200.00 2024 Membership Dues
123.39 Desktop Thermal Transfer Ribbons
269.95 Duty Boots - Steinhaus
356.48 Dremel Tools
283.98 Fire Station 1 Supplies
162.95 Flowers - J.Hafermann Funeral
0.99 50GB iCloud Storage
84.94 Lakefront Park Playground Feedback Poste
100.00 Wellness Expo Vendor Fee
455.00 CPRP Comp Certification Prep Kit
1,090.00 Phancy Face Painting
67.99 Teddy Grahams
40.01 Event Balloons
67.32 Webcams
126.78 Program Signs
26.87 Interview Panel Lunch
370.35 Prizes - 3.21 Fun! Event
CHECK REGISTER FOR CITY OF PRIOR LAKE 7/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
113.58 St Patrick's Day Party Supplies
18.54 Como Trip Gas
19.26 Bunny Yoga
66.87 Card Shufflers - CP
141.00 Dog Bones - CP Supplies
222.07 Table
71.71 Club Prior Supplies
292.94 Van Rental - Como Zoo Trip
147.53 Como Trip Lunch
167.96 Vizio 32"TV - PD
305.99 HP Color Laserjet Pro - M255DW Fire Stat
750.00 Aruba Access Points
70.32 PriorLake.com Renewal
398.20 Airfaire - Laserfiche Conference - Roach
76.94 Lumber - Entry Prop
187.46 Inspector I Textbook x 2
206.16 Key Tags/Glove Holders/Truck Bag
77.23 Non-Oxy Fuel - Boat/Skids
150.00 EMT Recertification x6
52.36 Dinner - Ness Last Day
156.66 Dinner - Ness Last Day
(127.10)Refund - PD Reception Food - Charge Erro
(59.49)Refund - Missed Discount
(299.00)Refund - Drone Class
30,077.71
1,500.00 2024 DuesUS HWY 169 CORRIDOR COALITION0002684711399604/18/2024
118.65 UB refund for account: 30007301VLASAK PATRICKREFUND-UB11399704/18/2024
17.88 UB refund for account: 40607300WOLKE CONNIEREFUND-UB11399804/18/2024
50.00 Pest Control - Club Prior/LibXTREME PEST SOLUTIONS INC0002711611399904/18/2024
65.00 Pest Control - FS2
115.00
237.00 521 Hose reel motor repair A & B AUTO ELECTRIC INC0000101011400004/26/2024
5,000.00 P24-0327 16381 Marschall Rd - DemoALI MAE DRAKE & KYLE T DRAKEMISC-CD11400104/26/2024
139.87 Water FilterARAMARK REFRESHMENT SERVICES0000177211400204/26/2024
1,500.00 Tower St Water Tower Reconstruction EscrAT&T MOBILITYREFUND-MSC11400304/26/2024
21,663.00 VFD Replacement - Well 6AUTOMATIC SYSTEMS CO0000197511400404/26/2024
90.00 April 2024 Tai Chi ClassBARBARA HAUGER0002847711400504/26/2024
13,952.48 Mar 2024 Diesel & UnleadedBEAUDRY OIL & PROPANE0002851911400604/26/2024
710.77 Apr 2024 Lawn Care - City HallBIRD'S LAWN CARE0002816411400704/26/2024
1,028.22 Apr 2024 Lawn Care - FS1&2
1,181.81 Apr 2024 Lawn Care - MC
344.91 Apr 2024 Lawn Care - Lib/Club Prior
1,181.81 Apr 2024 Lawn Care - WTF
710.77 Apr 2024 Lawn Care - PD
242.66 Apr 2024 Lawn Care - Rotary Park
5,400.95
395.43 GFCI Replacement - FS1CAL-TEX ELECTRIC INC0000306811400804/26/2024
9,100.00 Fan Install - Mechanics Bay
125.00 Pole Repair
9,620.43
10,912.42 Fan InstallCAPTIVE-AIRE SYSTEMS0002855511400904/26/2024
8,915.48 Road SaltCARGILL INC0000312311401004/26/2024
1,300.00 16139 Northwood Rd NW P21-2202CHAVES PAUL MMISC-CD11401104/26/2024
CHECK REGISTER FOR CITY OF PRIOR LAKE 8/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
835.00 Oneline Code Hosting/OrdBank SubscriptioCIVICPLUS LLC0002822411401204/26/2024
100.00 Blank Signs EARL F ANDERSEN INC0000517511401304/26/2024
48.00 471 Head bushing and pin ENVIRONMENTAL EQUIPMENT0000558411401404/26/2024
1,168.00 Squad TiresGOODYEAR COMMERCIAL TIRE0000751011401504/26/2024
480.00 Lime LS RepairsINTERSTATE POWERSYSTEMS INC0000975511401604/26/2024
1,993.34 Escrow Return - Water Tower ReconditioniISD #7190000986511401704/26/2024
292.50 Mar 2024 Employment and Labor MattersKENNEDY & GRAVEN, CHARTERED0002846811401804/26/2024
663.99 Claim #LMCGL000000346531LEAGUE MN CITIES INS TRUS0001243511401904/26/2024
58.13 StainMENARDS LUMBER CO0001331811402004/26/2024
149.93 Parts
208.06
145.63 McCrometer Well Flow Meter Repair PartsMID AMERICA METER INC0001345511402104/26/2024
95.84 472 Wiper BladesMIDWEST MACHINERY CO0002811311402204/26/2024
1,375.00 J.D. Modems
1,470.84
V7,949.90 1st Qtr 2024 State SurchargeMN DEPT OF LABOR & INDUSTRY0001380111402304/26/2024
2,774.46 1st Qtr 2024 UnemploymentMN UC FUND0001373411402404/26/2024
83.17 Mar 2024 Repair Parts - FDNAPA AUTO PARTS0001406011402504/26/2024
1,061.19 Mar 2024 Repair Parts
1,144.36
1,643.62 7109 Tracer lights NORTH CENTRAL0002853111402604/26/2024
350.00 CP PresentationPIONEER PHOTOGRAPHY & SERVICES INC0002852111402704/26/2024
4,569.00 Sewer Jetting - MCROTO-ROOTER0001869011402804/26/2024
237.50 Heated wiper blades RUXER FORD LINCOLN INC0002809811402904/26/2024
869.25 Music Performance LicenseSESAC0002857011403004/26/2024
39.48 PaintSHERWIN-WILLIAMS CO0001945611403104/26/2024
26.73 Paint
66.21
89.85 Pointed LathsSIWEK LUMBER & MILLWORK INC0001953811403204/26/2024
3,852.25 Channel Splitter & VFDSYCOM INC0001998511403304/26/2024
1,056.50 Freedom Contactor
4,908.75
87.98 Water Efficiency RebateTODD EBERLEREFUND-MSC11403404/26/2024
175.23 519 Radiator hoses and clamps TRUCK CENTER COMPANIES0002787811403504/26/2024
767.00 519 Radiator
50.00 519 Radiator Freight
992.23
246.62 FluorideUSA BLUEBOOK0002188211403604/26/2024
140.00 Nitrogen Tests
386.62
143.92 Ratchet StrapsZACKS INCORPORATED0002610011403704/26/2024
5,442.54 Apr 2024 DieselBEAUDRY OIL & PROPANE0002851911403805/03/2024
2,632.01 Apr 2024 Unleaded
CHECK REGISTER FOR CITY OF PRIOR LAKE 9/9Page: 05/06/2024 09:46 AM
User: mfonder
DB: Prior Lake CHECK DATE FROM 04/13/2024 - 05/03/2024
AmountDescriptionVendor NameVendorCheckCheck Date
8,074.55
30,915.84 Road SaltCARGILL INC0000312311403905/03/2024
24.08 FS1 1st Aid SuppliesCINTAS CORPORATION0000350611404005/03/2024
288.49 Mtce Center 1st Aid Supplies
77.23 PD 1st Aid Supplies
33.62 FS2 1st Aid Supplies
38.74 Club Prior 1st Aid Supplies
24.60 Lakefront Pavilion 1st Aid Supplies
486.76
890.90 Asphalt MixCITY OF ST PAUL0000352111404105/03/2024
2,271.84 City Hall Reception RemodelCNH ARCHITECTS0002852911404205/03/2024
561.42 467 Tarp and rod CRYSTEEL MANUFACTURING INC0000398211404305/03/2024
75.00 Mailbox ReimbursementCYNTHIA & ALLEN HOPPEREF MAIL B11404405/03/2024
190.00 Diaphragm 4" Watts PRV - WTF DAKOTA SUPPLY GROUP0002801311404505/03/2024
705.00 Apr 2024 Fitness InstructorELEANOR ALLEN0002806011404605/03/2024
596.17 Ladder L9280 RepairEMERGENCY APPARATUS MAINT0000547511404705/03/2024
250.00 Kitchen Floor Repair - FS1FOUNDATION FLOOR COVERINGS0002826211404805/03/2024
225.00 Annual Membership Dues - SimonINT'L INSTITUTE OF MUNICIPAL CLERKS0002771211404905/03/2024
5,000.00 14756 Cove Ave SE P23-1962J S Stewart Companies IncMISC-CD11405005/03/2024
600.00 Apr 2024 Line Dance InstructorJANE BREEGGEMANN0002788611405105/03/2024
100.00 Water Efficiency RebateMAUREEN KOHLENBERGERREFUND-MSC11405205/03/2024
75.00 Mailbox Reimbursement - 2405 Stonecrest MEADOW VIEW ASSOCIATIONREF MAIL B11405305/03/2024
351.16 503 JD Link install MIDWEST MACHINERY CO0002811311405405/03/2024
250.00 Workshop - Good Mental Health in the WorNAMI Minnesota0002857111405505/03/2024
75.00 Mailbox Reimbursement NATALIE DARWITZREF MAIL B11405605/03/2024
67,366.59 #9 CSAH 21/Revere AvenuePARK CONSTRUCTION COMPANY0002838211405705/03/2024
100.00 Water Efficiency RebatePATRICE AKSAMITREFUND-MSC11405805/03/2024
3,000.00 2024 Annual LicensePLAN IT SOFTWARE LLC0002837811405905/03/2024
12.13 1st Qtr 2024 Bottled Water - Price AdjQUENCH USA INC0002831111406005/03/2024
90.00 Reservation RefundRUTH WESTMANREFUND-REC11406105/03/2024
75.00 Mailbox ReimbursementRYAN RUZEKREF MAIL B11406205/03/2024
255.00 Reservation SignsSDDI SIGNS0002758511406305/03/2024
1,984.00 Apr 2024 Portable ToiletsSPECIALIZED SANITATION0001970311406405/03/2024
72.68 Apr 2024 Legal NoticesSTAR TRIBUNE0001974411406505/03/2024
165.00 Badge - OlsonSTREICHERS0001990011406605/03/2024
79.99 Uniform - Englin
140.00 Alterations - Boser
1,722.00 Vest - Lewis
1,729.99 Uniforms - Steinhaus
3,836.98
369.50 Firearm PartsTHE MODERN SPORTSMAN0002841411406705/03/2024
7.41 519 Radiator elbow TRUCK CENTER COMPANIES0002787811406805/03/2024
75.00 Mailbox ReimbursementTYLER FRANKREF MAIL B11406905/03/2024
5,850.00 Spray-water Plumbing Repairs - WTF ReclaWW GOETSCH ASSOCIATES INC0002379511407005/03/2024
1 TOTALS:
1,245,112.32 Total of 195 Disbursements:
7,949.90 Less 1 Void Checks:
1,253,062.22 Total of 196 Checks:
YTM @
Cost Cost Value
Days to
Maturity
% of
Portfolio
0-1 Month 4.083 9,627,932 1 19.43%
1-3 Months 1.801 1,363,229 46 2.70%
3-6 Months 2.062 2,692,925 141 5.46%
6-9 Months 2.263 2,836,143 233 5.64%
9-12 Months 1.178 1,842,981 324 3.71%
1-2 Years 2.346 8,539,123 607 16.95%
2-3 Years 2.045 8,118,746 912 16.48%
3-4 Years 3.655 5,724,642 1,287 11.92%
4-5 Years 4.596 6,965,509 1,654 14.29%
5-10 Years 4.640 1,580,085 1,953 3.42%
Total / Average 3.111 49,291,314 744 100.00%
CITY OF PRIOR LAKE, MINNESOTA
Investment Portfolio - Diversification, by Maturity Range
March 31, 2024
Description
City of Prior Lake - Quarterly Investment Report
Description CUSIP/Ticker Settlement Date YTM @ Cost Face Amount/Shares Cost Value Book Value Market Value Maturity Date Days To Maturity Accrued Interest % of Portfolio
Cash - Northland Securities Cash CASH5845 2/3/2002 0.000 339,363.90 339,363.90 339,363.90 339,363.90 N/A 1 0.68
Morgan Stanley Cash CASH5089 12/31/2010 0.000 71,963.37 71,963.37 71,963.37 71,963.37 N/A 1 0.15
Oppenheimer Cash MM9905 12/27/2011 0.000 1,794,224.98 1,794,224.98 1,794,224.98 1,794,224.98 N/A 1 3.62
Sub Total / Average Cash 0.000 2,205,552.25 2,205,552.25 2,205,552.25 2,205,552.25 1 0.00 4.45
1st Security Bk of Wash 4.05 6/16/2026 33625CFL8 12/16/2022 4.050 249,000.00 249,000.00 249,000.00 245,078.25 6/16/2026 807 414.43 0.50
Ally Bk Sandy UT 3.4 8/4/2025 02007GXF5 8/4/2022 3.400 245,000.00 245,000.00 245,000.00 239,872.15 8/4/2025 491 1,278.03 0.49
Amerant Bank 4.65 9/8/2028 02357QCF2 9/8/2023 4.650 249,000.00 249,000.00 249,000.00 252,299.25 9/8/2028 1,622 729.60 0.50
AMERASIA BK FLUSHING NY 4 2/15/2029 02357PAG4 2/15/2024 4.000 248,000.00 248,000.00 248,000.00 244,728.88 2/15/2029 1,782 434.85 0.50
American Express Natl 3 5/4/2027 02589ACK6 4/30/2022 3.000 245,000.00 245,000.00 245,000.00 233,732.45 5/4/2027 1,129 2,980.27 0.49
Banc Calif Irvine 3.2 7/1/2024 05961SNS9 6/29/2022 3.200 245,000.00 245,000.00 245,000.00 243,625.55 7/1/2024 92 1,997.59 0.49
Bank Hapoalim 0.95 7/23/2026 06251A2Y5 7/23/2021 0.950 245,000.00 245,000.00 245,000.00 224,603.75 7/23/2026 844 433.62 0.49
Bank of Belleville 4 6/15/2027 06063PDD4 12/15/2022 4.000 249,000.00 249,000.00 249,000.00 244,752.06 6/15/2027 1,171 436.60 0.50
Bankers Bank West Denver CO 1.8 9/30/2024 06610T-EE-1 9/30/2019 1.800 245,000.00 245,000.00 245,000.00 240,739.45 9/30/2024 183 12.08 0.49
BankUnited Savings Miami 0.95 3/31/2026 066519QT9 3/31/2021 0.950 245,000.00 245,000.00 245,000.00 226,796.50 3/31/2026 730 0.00 0.49
BMW Bk 4.75 3/17/2028 055180AW83 3/17/2023 4.750 245,000.00 245,000.00 245,000.00 248,425.10 3/17/2028 1,447 446.37 0.49
BNY Mellon4.5 9/7/2028 05584CJJ6 9/7/2023 4.500 244,000.00 244,000.00 244,000.00 245,644.56 9/7/2028 1,621 721.97 0.49
Bridgewater Bk 4.8 3/29/2028 108622NK3 3/29/2023 4.800 245,000.00 245,000.00 245,000.00 249,160.10 3/29/2028 1,459 64.44 0.49
CalPrivate Bk La Jolla 4 9/23/2027-23 13135NAS9 9/28/2022 4.400 249,000.00 244,545.39 245,890.82 245,053.35 9/23/2027 1,271 221.33 0.50
Capital One Bk USA Natl 1.8 3/17/2025 14042TEM5 3/16/2022 1.800 245,000.00 245,000.00 245,000.00 237,338.85 3/17/2025 351 181.23 0.49
Capital One Nat'l Assn McLean 2.1 8/14/2024 14042RMW8 8/14/2019 2.100 247,000.00 247,000.00 247,000.00 243,961.90 8/14/2024 136 653.70 0.50
Celtic Bank 4.6 9/19/2028 15118RJ32 9/19/2023 4.600 249,000.00 249,000.00 249,000.00 251,828.64 9/19/2028 1,633 376.57 0.50
Central Fed Savings 4.5 9/14/2028 15347VAC5 9/14/2023 4.500 249,000.00 249,000.00 249,000.00 250,805.25 9/14/2028 1,628 521.88 0.50
CIBC Bank USA 4.5 5/25/2028 12547CBN7 5/25/2023 4.500 244,000.00 244,000.00 244,000.00 245,461.56 5/25/2028 1,516 3,820.44 0.49
Citizens Bk Batesville Ark 3.85 2/16/2029 173477BZ2 2/16/2024 3.850 248,000.00 248,000.00 248,000.00 243,092.08 2/16/2029 1,783 392.38 0.50
City Natl Bk Los Ang 4.9 11/24/2025 178180GS8 11/23/2022 4.900 245,000.00 245,000.00 245,000.00 244,958.35 11/24/2025 603 4,242.86 0.49
Customers Bk 4.95 10/27/2028 23204HPE2 10/27/2023 4.950 240,000.00 240,000.00 240,000.00 246,196.80 10/27/2028 1,671 5,077.48 0.48
Discover Bk 4.5 7/24/2028 2546736R2 7/26/2023 4.500 244,000.00 244,000.00 244,000.00 245,644.56 7/24/2028 1,576 1,955.34 0.49
Enerbank USA 0.55 9/25/2025 29278TRL6 9/25/2020 0.550 245,000.00 245,000.00 245,000.00 229,462.10 9/25/2025 543 22.15 0.49
Enterprise Bank & Trust 1.8 11/8/2024 29367SJQ8 11/8/2019 1.800 245,000.00 245,000.00 245,000.00 239,894.20 11/8/2024 222 277.89 0.49
Enterprise Bank Allison Park PA 1.8 9/27/2024 29367R-LA-2 9/27/2019 1.800 245,000.00 245,000.00 245,000.00 240,710.05 9/27/2024 180 48.33 0.49
Farmers BK 4.85 10/17/2028 30916PAA2 10/17/2023 4.850 248,000.00 248,000.00 248,000.00 254,413.28 10/17/2028 1,661 461.35 0.50
First Bank of the Lake 4.9 4/25/2028-24 31925YAE2 4/25/2023 4.900 248,000.00 248,000.00 248,000.00 248,074.40 4/25/2028 1,486 199.76 0.50
First Commercial Bank MS 0.3 3/31/2025 31984GFK0 3/7/2022 1.700 225,000.00 215,588.25 221,932.78 214,456.50 3/31/2025 365 1.85 0.45
First Finl Bk3.3 8/2/2027 32022RSG3 8/1/2022 3.300 245,000.00 245,000.00 245,000.00 235,658.15 8/2/2027 1,219 664.52 0.49
First National Bank/Dama 5 10/31/2028 32117BGJ1 10/31/2023 5.000 248,000.00 248,000.00 248,000.00 255,092.80 10/31/2028 1,675 1,019.18 0.50
First Natl Bank of Albany 1.6 2/28/2025 32117WAN2 2/28/2020 1.600 245,000.00 245,000.00 245,000.00 237,304.55 2/28/2025 334 32.22 0.49
First Natl Bk 4.75 10/30/2028 32110YH73 10/30/2023 4.750 245,000.00 245,000.00 245,000.00 249,461.45 10/30/2028 1,674 0.00 0.49
First Utd Bk4.4 8/8/2025 33742CCR6 2/8/2023 4.400 245,000.00 245,000.00 245,000.00 243,059.60 8/8/2025 495 679.29 0.49
Genoa Banking Company 4.95 10/31/2028 372348DH2 10/31/2023 4.950 243,000.00 243,000.00 243,000.00 249,322.86 10/31/2028 1,675 5,009.13 0.49
Goldman Sachs Bk 1 7/28/2026 38149MXK4 7/28/2021 1.000 245,000.00 245,000.00 245,000.00 224,397.95 7/28/2026 849 422.88 0.49
Legacy Bk & Tr Co 3.5 7/29/2027-22 52470QBK9 8/1/2022 3.500 245,000.00 245,000.00 245,000.00 237,204.10 7/29/2027 1,215 46.99 0.49
Live Oak Bkg Co 3.55 8/2/2027-23 538036WY6 8/2/2022 3.550 249,000.00 249,000.00 249,000.00 241,435.38 8/2/2027 1,219 702.32 0.50
Luana Savings Bank 0.2 5/7/2024 549104XH5 11/22/2021 0.699 240,000.00 237,081.60 239,879.62 238,663.20 5/7/2024 37 190.68 0.48
Manufacturers 4.9 12/9/2024 564759RJ9 12/7/2022 4.900 245,000.00 245,000.00 245,000.00 244,456.10 12/9/2024 253 3,782.40 0.49
Mauch Chunk Trust 4.35 2/28/2029 577234DA2 3/28/2024 4.350 249,000.00 249,000.00 249,000.00 249,600.09 2/28/2029 1,795 89.03 0.50
Medallion Bk Salt 4.4 7/31/2028 58404DSW2 7/31/2023 4.400 245,000.00 245,000.00 245,000.00 245,705.60 7/31/2028 1,583 0.00 0.49
Merrick Bk 4.85 11/6/2029 59013KXW1 11/6/2023 4.850 245,000.00 245,000.00 245,000.00 252,852.25 11/6/2029 2,046 813.87 0.49
Morgan Stanley Bank Step 11/28/2027 61765QP52 9/2/2021 1.004 249,000.00 249,000.00 249,000.00 220,499.46 11/28/2027 1,337 218.30 0.50
MORGAN STANLEY PRIVATE BK 5.05 11/8/2028 61768EE82 11/8/2023 5.050 243,000.00 243,000.00 243,000.00 250,365.33 11/8/2028 1,683 4,841.36 0.49
Oceanfirst Bk Natl 3.25 7/1/2024 67523TBE2 6/29/2022 3.250 245,000.00 245,000.00 245,000.00 243,657.40 7/1/2024 92 2,028.80 0.49
Old Dominion Natl Bk 4 1/29/2029 679585CL1 1/29/2024 4.000 249,000.00 249,000.00 249,000.00 245,775.45 1/29/2029 1,765 0.00 0.50
Ponce De Leon Fed Bk 3.5 9/15/2027 732329BD8 9/15/2022 3.500 245,000.00 245,000.00 245,000.00 237,167.35 9/15/2027 1,263 375.89 0.49
Preferred Bank LA Calif 1.95 8/30/2024 740367HR1 8/30/2019 1.950 249,000.00 249,000.00 249,000.00 245,511.51 8/30/2024 152 0.00 0.50
Sallie Mae Bank Utah 1.9 9/18/2024 7954504D4 9/18/2019 1.900 245,000.00 245,000.00 245,000.00 241,018.75 9/18/2024 171 165.79 0.49
Savibank 4.05 1/19/2027 80517LAC5 1/18/2023 4.050 249,000.00 249,000.00 249,000.00 244,943.79 1/19/2027 1,024 359.17 0.50
Schuyler Svgs Bk 4.35 7/27/2028 80832MAA5 7/27/2023 4.350 244,000.00 244,000.00 244,000.00 244,170.80 7/27/2028 1,579 1,861.08 0.49
Signature Bk New York 4.7 12/9/2024 82669GFM1 12/9/2022 4.700 240,000.00 240,000.00 240,000.00 239,049.60 12/9/2024 253 3,492.16 0.48
Southern First Bank NA 4.85 10/17/2028 84287PJB9 11/7/2023 4.850 244,000.00 244,000.00 244,000.00 250,060.96 10/17/2028 1,661 5,382.04 0.49
Synchrony Bank 0.9 8/6/2026 87165GD58 8/6/2021 0.900 248,000.00 248,000.00 248,000.00 227,549.92 8/6/2026 858 330.21 0.50
Texas Exchange Bk 0.45 8/21/2024 88241TJE1 8/21/2020 0.450 245,000.00 245,000.00 245,000.00 240,286.20 8/21/2024 143 30.21 0.49
Third Fed Sav & Ln 3.3 8/19/2027 88413QDN5 8/19/2022 3.300 245,000.00 245,000.00 245,000.00 235,655.70 8/19/2027 1,236 908.18 0.49
Toyota Finl Svgs Bk 0.95 7/15/2026 89235MLC3 7/15/2021 0.950 245,000.00 245,000.00 245,000.00 224,763.00 7/15/2026 836 484.63 0.49
Transportation Alliance Bk 4.8 9/9/2024 89388CGG7 12/9/2022 4.800 240,000.00 240,000.00 240,000.00 239,426.40 9/9/2024 162 694.36 0.48
UBS Bk USA 4.4 7/26/2028 90355GEX0 7/26/2023 4.400 245,000.00 245,000.00 245,000.00 245,695.80 7/26/2028 1,578 147.67 0.49
Uinta Bk Mtn 4.4 3/22/2028 903572FT7 3/22/2023 4.400 245,000.00 245,000.00 245,000.00 245,463.05 3/22/2028 1,452 265.81 0.49
Univest Bank & Trust 4.5 6/21/2028 91527PCD7 6/21/2023 4.500 249,000.00 249,000.00 249,000.00 256,691.61 6/21/2028 1,543 306.99 0.50
Valley Central 4 4/28/2028 91944RAZ1 4/28/2023 4.000 249,000.00 249,000.00 249,000.00 245,867.58 4/28/2028 1,489 81.86 0.50
Washington Federal 1.95 8/28/2024 938828BN9 8/28/2019 1.950 245,000.00 245,000.00 245,000.00 241,609.20 8/28/2024 150 39.27 0.49
Wells Fargo BK NA Sioux Falls 2.75 5/17/2024 949763-B6-2 6/11/2019 2.650 200,000.00 200,924.00 200,024.10 199,284.00 5/17/2024 47 210.96 0.40
Winter Hill Bank 3.5 8/26/2027-23 975875BH7 8/26/2022 3.500 245,000.00 245,000.00 245,000.00 237,157.55 8/26/2027 1,243 117.47 0.49
Sub Total / Average Certificate Of Deposit 3.420 16,152,000.00 16,136,139.24 16,145,727.32 15,926,694.41 1,032 64,199.11 32.59
FAMC 4.17 5/24/2029 31422XYY2 1/19/2024 4.580 325,000.00 318,724.25 318,955.73 315,900.00 5/24/2029 1,880 4,781.02 0.66
Sub Total / Average FAMC Bond 4.580 325,000.00 318,724.25 318,955.73 315,900.00 1,880 4,781.02 0.66
City of Prior Lake
Portfolio Holdings
Investment Portfolio - by Security Type
As of 3/31/2024
Cash
Certificate Of Deposit
FAMC Bond
FFCB Bond
Federal Farm Cr Bks 4.86 12/22/2027-25 3133EPN92 12/22/2023 4.860 500,000.00 500,000.00 500,000.00 496,060.00 12/22/2027 1,361 6,657.53 1.01
FFCB 0.69 7/22/2025-21 3133ELX33 4/15/2021 0.750 600,000.00 598,488.00 599,536.41 568,116.00 7/22/2025 478 793.50 1.21
FFCB 0.72 10/27/2026-21 3133EMES7 6/18/2021 1.000 500,000.00 492,715.00 496,500.82 451,550.00 10/27/2026 940 1,540.00 1.01
FFCB 0.74 11/24/2026-21 3133EMHC9 4/14/2021 1.053 450,000.00 442,350.00 446,387.71 407,178.00 11/24/2026 968 1,174.75 0.91
FFCB 2.62 11/17/2025 3133EHJR5 9/24/2021 0.810 500,000.00 536,830.00 514,488.90 483,195.00 11/17/2025 596 4,876.11 1.01
FFCB 3.05 5/18/2029 3133ENXB1 1/19/2024 4.030 325,000.00 309,845.25 310,405.96 306,796.75 5/18/2029 1,874 3,662.12 0.66
FFCB 4.5 12/22/2025 3133EPQ81 12/29/2023 4.210 1,000,000.00 1,005,440.00 1,004,741.22 994,770.00 12/22/2025 631 12,375.00 2.02
Sub Total / Average FFCB Bond 2.524 3,875,000.00 3,885,668.25 3,872,061.02 3,707,665.75 880 31,079.01 7.82
FHLB 1 12/30/2026-21 3130ANY87 10/20/2021 1.205 500,000.00 494,850.00 497,274.33 451,380.00 12/30/2026 1,004 1,250.00 1.01
FHLB 1.25 11/10/2026-22 3130APLR4 11/10/2021 1.250 450,000.00 450,000.00 450,000.00 413,626.50 11/10/2026 954 2,203.12 0.91
FHLB 2.375 8/15/2029 3130AGVG7 2/12/2024 4.310 270,000.00 244,620.00 245,225.79 242,846.10 8/15/2029 1,963 819.37 0.54
FHLB 3 4/20/2026 3130ARGN5 12/29/2023 4.350 1,000,000.00 970,620.00 973,861.21 965,140.00 4/20/2026 750 13,416.67 2.02
FHLB Step 12/15/2025-21 3130AKJ72 4/13/2021 0.894 500,000.00 497,500.00 499,086.12 471,530.00 12/15/2025 624 1,177.78 1.01
FHLN 5159508 1.25 10/16/2026-21 3130ALW83 4/16/2021 1.250 216,666.67 216,666.67 216,666.67 199,095.00 10/16/2026 929 1,241.32 0.44
FHLN 5214149 Step 7/22/2026-21 3130AN4W7 7/22/2021 1.057 1,000,000.00 1,000,000.00 1,000,000.00 925,880.00 7/22/2026 843 2,300.00 2.02
Sub Total / Average FHLB Bond 2.147 3,936,666.67 3,874,256.67 3,882,114.12 3,669,497.60 906 22,408.26 7.94
FHLMC 0.5 12/9/2024 3134GWA71 9/9/2020 0.500 200,000.00 200,000.00 200,000.00 193,450.00 12/9/2024 253 311.11 0.40
Sub Total / Average FHLMC Bond 0.500 200,000.00 200,000.00 200,000.00 193,450.00 253 311.11 0.40
League of Minnesota Cities - 4M Fund LGIP LGIP5101M 11/30/2010 5.275 156,273.00 156,273.00 156,273.00 156,273.00 N/A 1 0.32
League of Minnesota Cities - 4M Plus Fund LGIP LGIP5101MP 11/30/2010 5.297 7,266,106.44 7,266,106.44 7,266,106.44 7,266,106.44 N/A 1 14.66
Sub Total / Average Local Government Investment Pool 5.297 7,422,379.44 7,422,379.44 7,422,379.44 7,422,379.44 1 0.00 14.98
Allen Park MI Public Sch Dist 2 11/2/2024 018033HR4 7/30/2020 0.751 290,000.00 305,140.90 292,101.82 284,777.10 11/2/2024 216 2,416.67 0.59
Cabot-Las Positas 1.287 8/1/2027 15722TJS1 4/28/2022 3.500 550,000.00 491,991.50 513,220.01 494,994.50 8/1/2027 1,218 1,179.75 1.11
Canadian Cnty Okla Indpt Sch Dist 2 11/1/2024 135537-GT-9 11/7/2019 2.000 285,000.00 285,000.00 285,000.00 279,388.35 11/1/2024 215 2,375.00 0.58
Cecil Cnty MD 1.05 11/1/2026 1498433N2 9/23/2021 0.970 500,000.00 501,985.00 501,005.80 456,060.00 11/1/2026 945 2,187.50 1.01
Central Cmnty Sch 2 3/1/2026 153135FJ2 3/4/2021 0.700 300,000.00 319,098.00 307,333.30 284,382.00 3/1/2026 700 500.00 0.61
El Paso TX ISD 0 8/15/2024 283770NS0 10/30/2020 0.700 500,000.00 486,925.00 498,706.66 490,585.00 8/15/2024 137 0.00 1.01
Enfield Conn Taxable 1.39 8/1/2027 292749UK2 4/6/2022 3.000 335,000.00 308,658.95 318,487.70 301,684.25 8/1/2027 1,218 776.08 0.68
Falmouth ME Taxable 3 10/15/2025 306783NF4 10/15/2021 0.800 340,000.00 369,386.20 351,324.05 330,514.00 10/15/2025 563 4,703.33 0.69
Federal Way Wash2.2 12/1/2024 314031-HH-1 12/11/2019 2.150 475,000.00 476,111.50 475,149.87 465,785.00 12/1/2024 245 3,483.33 0.96
Franklin Twp 1.623 2/1/2029 355064KL9 10/4/2023 5.350 250,000.00 207,310.00 211,234.76 219,120.00 2/1/2029 1,768 676.25 0.50
Goose Creek Tex 4.5 2/15/2027 382604Z25 11/3/2022 4.700 500,000.00 496,125.00 497,397.68 498,560.00 2/15/2027 1,051 2,875.00 1.01
Hawaii St GO Ref 2.802 10/1/2027-26 419792KL9 7/28/2022 3.350 100,000.00 97,413.00 98,250.25 94,632.00 10/1/2027 1,279 1,401.00 0.20
Hawaii St Taxable 1.033 8/1/2025 419792F92 10/12/2021 0.950 300,000.00 300,924.00 300,324.63 284,727.00 8/1/2025 488 516.50 0.61
Indiana Bond Bank 3.326 7/15/2025 45462TER9 3/26/2021 0.900 240,000.00 264,516.00 247,345.44 234,748.80 7/15/2025 471 1,685.17 0.48
Liberty Center Ohio 0 11/1/2025 530336DV5 8/18/2020 1.051 215,000.00 203,589.95 211,518.76 198,769.65 11/1/2025 580 0.00 0.43
Mankato Minn ISD 0.7 2/1/2025 563690RP3 10/22/2020 0.700 300,000.00 300,000.00 300,000.00 288,891.00 2/1/2025 307 350.00 0.61
Mason & Kitsap Cntys 1.583 12/1/2028 575181HB1 5/19/2023 4.150 445,000.00 389,032.35 397,802.37 388,164.60 12/1/2028 1,706 2,348.12 0.90
Massachusetts St 0.986 11/1/2026 57582RK96 6/30/2021 1.000 500,000.00 499,635.00 499,823.12 455,635.00 11/1/2026 945 2,054.17 1.01
Massachusetts St Dev 2.785 5/1/2024 57584FEM8 12/20/2019 1.920 240,000.00 248,647.20 240,168.17 239,421.60 5/1/2024 31 2,785.00 0.48
Milwaukee Cnty Wis 2 12/1/2026 6022453V2 11/23/2021 1.300 500,000.00 516,960.00 509,016.36 466,055.00 12/1/2026 975 3,333.33 1.01
Minnesota St 7 11/1/2028 604146GK0 11/8/2023 5.251 250,000.00 268,952.50 267,452.96 276,037.50 11/1/2028 1,676 6,951.39 0.50
New York NY 1.92 11/1/2029 64971XUUO 9/25/2023 5.150 275,000.00 228,998.00 232,877.94 238,548.75 11/1/2029 2,041 2,200.00 0.55
New York NY 3.7 8/1/2029-25 64966LYZ8 11/24/2023 5.100 250,000.00 232,897.50 233,951.48 239,565.00 8/1/2029 1,949 1,541.67 0.50
New York State TFA 4.2 11/1/2028-23 64971Q7N7 9/7/2023 4.850 250,000.00 242,657.50 243,461.20 246,312.50 11/1/2028 1,676 4,375.00 0.50
Northwest Local Sch District Hamilton & Butler 667712CG6 11/15/2019 2.169 370,000.00 389,010.60 372,527.18 365,319.50 12/1/2024 245 4,008.33 0.75
Oklahoma Cnty Okla Metro 2.65 6/1/2024 67869T-AD-7 7/15/2019 2.286 500,000.00 508,255.00 500,287.05 497,820.00 6/1/2024 62 4,416.67 1.01
Orono ME Taxable 5 11/1/2025 687085DR8 10/29/2020 1.000 330,000.00 394,287.30 350,386.35 329,749.20 11/1/2025 580 6,875.00 0.67
Pelican Rapids Minn 0.8 2/1/2025 705863HR2 12/17/2020 0.700 525,000.00 527,126.25 525,433.15 506,682.75 2/1/2025 307 700.00 1.06
Pennsylvania St Univ 1.645 9/1/2025 709235S48 12/6/2021 1.120 250,000.00 254,787.50 251,820.30 238,792.50 9/1/2025 519 342.71 0.50
Roanoke VA Taxable 2 2/1/2025 770078BD4 5/14/2020 1.250 300,000.00 310,266.00 301,828.11 292,413.00 2/1/2025 307 1,000.00 0.61
Springboro Ohio 5 12/1/2027 85023MAF2 7/12/2022 4.002 245,000.00 256,755.10 253,003.98 248,275.65 12/1/2027 1,340 4,083.33 0.49
St Louis Park Minn 4.5 2/1/2027 791740V34 9/7/2022 3.345 190,000.00 198,863.50 195,716.08 187,989.80 2/1/2027 1,037 1,425.00 0.38
Toledo Ohio City Sch 5 12/1/2027 889294RT3 9/28/2022 4.520 100,000.00 102,186.00 101,549.86 100,780.00 12/1/2027 1,340 1,666.67 0.20
Trussville AL 0.822 10/1/2025 898242ND0 8/25/2020 0.710 300,000.00 301,677.00 300,494.19 282,474.00 10/1/2025 549 1,233.00 0.61
Waukesha Wis 1.2 10/1/2027 943080UZ2 9/1/2022 3.660 375,000.00 332,557.50 345,752.18 333,937.50 10/1/2027 1,279 2,250.00 0.76
Wauwatosa WI 3 12/1/2024-22 9435042U3 10/28/2021 2.014 200,000.00 205,880.00 201,274.87 197,088.00 12/1/2024 245 2,000.00 0.40
Wicomico Cnty MD 2 12/1/2026 967546BA9 5/13/2022 3.450 380,000.00 356,975.80 366,501.15 354,293.00 12/1/2026 975 2,533.33 0.77
Winthrop Minn 2 2/1/2029-28 976367PN6 11/24/2023 5.100 225,000.00 193,556.25 195,679.03 196,719.75 2/1/2029 1,768 750.00 0.45
Wisconsin St Gen Fund 2.877 5/1/2024 977100EA0 12/2/2021 0.700 160,000.00 168,321.60 160,292.81 159,648.00 5/1/2024 31 1,918.00 0.32
Sub Total / Average Municipal Bond 2.343 12,640,000.00 12,542,460.45 12,455,500.62 12,049,341.25 812 85,916.30 25.51
T-Note 0.375 11/30/2025 91282CAZ4 9/24/2021 0.780 300,000.00 295,008.00 298,010.39 279,153.00 11/30/2025 609 375.00 0.61
T-Note 0.625 11/30/2027 91282CAY7 5/5/2022 3.040 500,000.00 438,535.00 459,556.94 437,815.00 11/30/2027 1,339 1,041.67 1.01
T-Note 2.5 2/28/2026 9128286F2 12/21/2023 4.220 1,000,000.00 964,310.91 968,816.66 960,780.00 2/28/2026 699 2,105.98 2.02
T-Note 4.625 3/15/2026 91282CGR6 12/21/2023 4.230 1,000,000.00 1,008,280.00 1,007,253.89 999,380.00 3/15/2026 714 2,010.87 2.02
Sub Total / Average Treasury Note 3.644 2,800,000.00 2,706,133.91 2,733,637.88 2,677,128.00 809 5,533.52 5.65
Total / Average 3.111 49,556,598.36 49,291,314.46 49,235,928.38 48,167,608.70 744 214,228.33 100
FHLMC Bond
Local Government Investment Pool
Municipal Bond
Treasury Note
FHLB Bond
YTM @
Cost Cost Value
Days to
Maturity
% of
Portfolio
Cash - 2,205,552 1 4.45%
Certificate of Deposit 3.420 16,136,139 1,032 32.59%
FAMC Bond 4.580 318,724 1,880 0.66%
FFCB Bond 2.524 3,885,668 880 7.82%
FHLB Bond 2.147 3,874,257 906 7.94%
FHLMC Bond 0.500 200,000 253 0.40%
LGIP 5.297 7,422,379 1 14.98%
Municipal Bond 2.343 12,542,460 812 25.51%
Treasury Note 3.644 2,706,134 809 5.65%
Total / Average 3.111 49,291,314 744 100.00%
CITY OF PRIOR LAKE, MINNESOTA
Investment Portfolio - Diversification, by Security Type
March 31, 2024
Description
City of Prior Lake - Quarterly Investment Report
Change
from one
3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 year prior
Market Value 12,699,977 20,061,417 18,176,651 14,734,627 9,627,932 (3,072,045)
1 1 1 1 1 0
4.31% 4.71% 4.89% 4.00% 4.08%-0.23%
Fixed Income Assets
33,936,884 33,902,781 33,750,838 38,012,573 39,663,383 5,726,499
32,121,659 31,899,550 31,752,611 36,809,204 38,539,677 6,418,018
865 853 903 963 923 58
826 806 844 903 868 42
2.06% 2.16% 2.37% 2.78% 2.85%0.80%
Total Portfolio Value
46,636,861 53,964,198 51,927,490 52,747,201 49,291,314 2,654,453
44,821,636 51,960,967 49,929,262 51,543,831 48,167,609 3,345,973
164,251 116,519 170,756 162,916 214,228 49,977
-1,815,225 -2,003,232 -1,998,228 -1,203,369 -1,123,706 691,519
630 536 587 695 744 114
601 506 549 652 699 98
2.67% 3.11% 3.25% 3.12% 3.09% 0.42%
BENCHMARK
90 Day T-Bill 4.85% 5.43% 5.55% 5.40% 5.46% 0.61%
4.97%5.47%5.53%5.26%5.38%0.41%
4.94%5.40%5.46%4.79%5.03%0.09%
Weighted Average Yield
to Maturity @ Cost
6 Month Treasury
1 Year Treasury
Cost Value
Market Value
Accrued Interest
Unrealized Gain / Loss
WAM (1) in Days
WAM / Callable (1) in Days
Weighted Average Yield to
Maturity @ Cost
CITY OF PRIOR LAKE, MINNESOTA
Quarterly Investment Report
March 31, 2024
Local Government
Investment Pools / Money
Market
Quarterly
WAM (1) in Days
Weighted Average Yield to
Maturity
Cost Value
Market Value
WAM (1) in Days
WAM / Callable (1) in Days
City of Prior Lake - Quarterly Investment Report
City of Prior Lake
General Fund Summary - Comparison to Prior Year
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive (Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes 14,047,266 14,047,266 - (14,047,266) 0%- -
Licenses and Permits 617,238 617,238 313,463 (303,775) 51%100,892 212,571
Intergovernmental 3,348,632 3,348,632 1,029,594 (2,319,038) 31%902,296 127,298
Charges for Services 1,887,267 1,887,267 540,381 (1,346,886) 29%439,088 101,292
Fines and Forfeitures - - 20,505 20,505 n/a 557 19,948
Interest (losses) on investments 160,000 160,000 97,059 (62,941) 61%110,471 (13,412)
Other 133,800 133,800 39,002 (94,798) 29%23,755 15,246
Transfers in 852,400 852,400 166,325 (686,075) 20%138,750 27,575
Total Revenues 21,046,603 21,046,603 2,206,328 (18,840,275) 10%1,715,809 490,519
Expenditures
General Government 4,495,927 4,513,350 819,137 3,694,213 18%754,368 (64,769)
Public Safety 10,828,082 10,911,499 1,955,269 8,956,230 18%1,661,536 (293,732)
Public Works 2,847,321 2,937,321 478,090 2,459,231 16%515,438 37,348
Culture and Recreation 2,626,785 2,666,785 436,598 2,230,187 16%372,606 (63,992)
Transfer to other funds 248,488 248,488 - 248,488 0%400,000 400,000
Total Expenditures 21,046,603 21,277,443 3,689,095 17,588,348 17%3,703,949 14,854
Net Change - (230,840) (1,482,767) (1,251,927) (1,988,140)
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Taxes
101 31010.00 Current Property Taxes - General Purpos 13,029,707 13,029,707 - (13,029,707) 0%- -
101 31020.00 Delinquent Property Taxes - General Purp - - - - n/a - -
101 31040.00 Fiscal Disparities 1,017,559 1,017,559 - (1,017,559) 0%- -
Taxes 14,047,266 14,047,266 - (14,047,266) 0%- -
Licenses and Permits
101 32100.00 Business Licenses 1,050 1,050 1,800 750 171%1,050 750
101 32110.00 Liquor Licenses 80,470 80,470 75 (80,395) 0%2,014 (1,939)
101 32120.00 Cannabis Fee - - 4,200 4,200 n/a - 4,200
101 32160.00 Refuse Haulers 5,000 5,000 - (5,000) 0%- -
101 32175.00 Public Private Gathering Permit - - 60 60 n/a 90 (30)
101 32180.00 Cigarette Licenses 2,295 2,295 2,295 - 100%2,295 -
101 32190.00 Community Event Application 5,000 5,000 1,930 (3,070) 39%1,980 (50)
101 32210.00 Building Permits 376,822 376,822 237,403 (139,419) 63%72,893 164,509
101 32215.00 Mechanical Permits 79,548 79,548 31,604 (47,945) 40%9,786 21,818
101 32230.00 Plumbing Permits 56,702 56,702 31,425 (25,278) 55%8,976 22,449
101 32231.00 Sewer/Water Inspection 4,916 4,916 818 (4,099) 17%763 55
101 32260.00 Burning Permits 4,000 4,000 1,400 3,000 35%840 560
101 32270.00 Short-term Rental Fee 1,435 1,435 455 (980) 32%205 250
Licenses and Permits 617,238 617,238 313,463 (303,775) 51%100,892 212,571
Intergovernmental
101 33416.01 State Aid - Police Train 30,000 30,000 - (30,000) 0%- -
101 33416.02 State Police Aid-Ins Prem 299,000 299,000 - (299,000) 0%- -
101 33417.00 State Aid - Fire Training 20,000 20,000 - (20,000) 0%- -
101 33418.00 State Road & Bridge Aid 467,000 467,000 246,635 (220,365) 53%227,207 19,429
101 33420.00 State Fire Aid-Ins. Prem.299,835 299,835 - (299,835) 0%- -
101 33422.11 State Aids/Grants - Operating Police 3,500 3,500 - (3,500) 0%- -
101 33620.00 Township Fire & Resc Aid 959,522 959,522 480,125 (479,397) 50%375,090 105,036
101 33621.00 Liaison Aid 69,775 69,775 - (69,775) 0%- -
101 33631.00 Payment in Lieu of Taxes 1,200,000 1,200,000 300,000 (900,000) 25%300,000 -
101 33700.23 Miscellaneous Grants - Capital Parks - - 2,834 2,834 n/a - 2,834
Intergovernmental 3,348,632 3,348,632 1,029,594 (2,319,038) 31%902,296 127,298
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Charges for Services
101 31810.00 Franchise Taxes 559,000 559,000 - (559,000) 0%- -
101 34103.00 Zoning & Subdivision Fees 40,000 40,000 2,400 (37,600) 6%2,955 (555)
101 34104.00 Plan Check Fees 244,941 244,941 140,714 (104,227) 57%37,780 102,933
101 34105.00 Sale of Maps/Publications - Reports 500 500 10 (490) 2%20 (10)
101 34107.00 Assessment Searches - Reports 500 500 150 (350) 30%100 50
101 34108.00 Street Chip Seal Fee-New Development - - - - n/a 4,750 (4,750)
101 34109.00 Project Admin/Eng Fees 246,000 246,000 60,056 (185,944) 24%54,071 5,985
101 34203.00 Accident/Warrant Reports - Reports 200 200 50 (150) 25%317 (267)
101 34731.00 Adult League Fees 5,000 5,000 4,624 (376) 92%8,165 (3,541)
101 34732.00 Recreation Program Fees - Contracted 35,000 35,000 29,799 (5,201) 85%- 29,799
101 34735.00 Recreation Program Fees - Staff Run 65,000 65,000 64,406 (594) 99%70,076 (5,670)
101 34735.01 Recreation Program Fees - Club Prior 12,000 12,000 4,063 (7,937) 34%1,216 2,847
101 34760.01 Facility Rental - Regular 48,028 48,028 15,968 (32,060) 33%18,377 (2,409)
101 34760.87 Facility Rental - Lease 15,600 15,600 - (15,600) 0%- -
101 34761.00 Studio/Pavilion Rental 25,000 25,000 17,839 (7,161) 71%22,370 (4,531)
101 34762.00 Park Shelter Rental 20,000 20,000 4,182 (15,818) 21%66,669 (62,488)
101 34762.01 Boat Slip Rental 71,200 71,200 73,600 2,400 103%- 73,600
101 34765.01 Tower Leases - - 97,018 97,018 n/a 127,986 (30,967)
101 34765.87 Tower Leases - Lease 260,082 260,082 - (260,082) 0%- -
101 34780.00 Park Admission Fees 30,000 30,000 - (30,000) 0% - -
101 34783.00 City Contract Services 209,216 209,216 25,501 (183,715) 12%24,236 1,265
Charges for Services 1,887,267 1,887,267 540,381 (1,346,886) 29%439,088 101,292
Fines and Forfeitures
101 35101.00 County Court Fines - - 19,311 19,311 n/a - 19,311
101 35104.00 Prosecution Restitution - - 1,194 1,194 n/a 557 637
Fines and Forfeitures - - 20,505 20,505 n/a 557 19,948
Interest (losses) on investments
101 36210.00 Interest Earnings 180,000 180,000 94,008 (85,992) 52%72,756 21,252
101 36215.00 Amortization - Premium/Discount (20,000) (20,000) (12,219) 7,781 61%(6,156) (6,063)
101 36225.00 Unrealized Inv.Gain(Loss)- - 15,269 15,269 n/a 43,870 (28,601)
Interest (losses) on investments 160,000 160,000 97,059 (62,941) 61%110,471 (13,412)
Other Miscellaneous Revenues
101 36102.00 County Assess. Collection 4,000 4,000 - (4,000) 0%- -
101 36211.00 Developer Agreements 60,000 60,000 5,000 (55,000) 8%- 5,000
101 36212.00 Miscellaneous Revenue 69,800 69,800 22,037 (47,763) 32%20,789 1,248
101 36230.00 Contributions & Donations - - 70 70 n/a - 70
101 36230.11 Contributions - Shop with a Cop - - 250 250 n/a - 250
101 36230.13 Contributions and Donations - - 8,296 8,296 n/a 2,443 5,853
101 36230.33 Contributions - Charitable Gambling - - 2,000 2,000 n/a - 2,000
101 39102.00 Sale of Property - - 1,349 1,349 n/a 523 825
Other Miscellaneous Revenues 133,800 133,800 39,002 (94,798) 29%23,755 15,246
City of Prior Lake
General Fund Revenues
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Other financing sources
101 39203.00 Transfer from Other Funds 852,400 852,400 166,325 (686,075) 20%138,750 27,575
Other financing sources 852,400 852,400 166,325 (686,075) 20%138,750 27,575
Total Revenues 21,046,603 21,046,603 2,206,328 (18,840,275) 10%1,715,809 490,519
City of Prior Lake
General Fund Expenditures
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Function: General Government
41110.00 MAYOR & COUNCIL 83,227 83,227 19,629 63,598 24% 17,719 (1,910)
41130.00 ORDINANCE 5,000 5,000 463 4,537 9% 718 254
41320.00 ADMINISTRATION 393,124 393,124 98,891 294,233 25% 100,700 1,810
41330.00 BOARDS & COMMISSIONS 10,950 10,950 646 10,304 6% 1,184 538
41400.00 CITY CLERK 133,989 137,989 26,023 111,966 19% 25,161 (862)
41410.00 ELECTIONS 126,332 126,332 27,877 98,455 22% 457 (27,420)
41520.00 FINANCE 737,612 743,612 150,557 593,055 20% 119,514 (31,044)
41540.00 INTERNAL AUDITING 44,700 44,700 3,500 41,200 8% 4,500 1,000
41550.00 ASSESSING 258,575 258,575 755 257,820 0% - (755)
41610.00 LEGAL 267,214 267,214 39,957 227,257 15% 40,335 377
41820.00 HUMAN RESOURCES 364,352 364,352 68,686 295,666 19% 69,436 750
41830.00 COMMUNICATIONS 165,172 165,172 33,600 131,572 20% 32,875 (725)
41910.00 COMMUNITY DEVELOPMENT 397,650 397,650 48,276 349,374 12% 63,918 15,642
41920.00 INFORMATION TECHNOLOGY 605,413 612,836 146,313 466,523 24% 138,433 (7,880)
41940.00 FACILITIES - CITY HALL 902,617 902,617 153,963 748,654 17% 139,419 (14,545)
Total - Function General Government 4,495,927 4,513,350 819,137 3,694,213 18% 754,368 (64,769)
Function: Public Safety
42100.00 POLICE 7,165,532 7,228,932 1,317,087 5,911,845 18% 1,250,575 (66,512)
42200.00 FIRE 2,749,058 2,769,075 471,217 2,297,858 17% 242,262 (228,954)
42400.00 BUILDING INSPECTION 862,152 862,152 161,995 700,157 19% 162,967 971
42500.00 EMERGENCY MANAGEMENT 15,340 15,340 169 15,171 1% 932 763
42700.00 ANIMAL CONTROL 36,000 36,000 4,800 31,200 13% 4,800 -
Total - Function Public Safety 10,828,082 10,911,499 1,955,269 8,956,230 18% 1,661,536 (293,732)
Function: Public Works
43050.00 ENGINEERING 471,965 471,965 91,352 380,613 19% 74,675 (16,677)
43100.00 STREET 1,776,306 1,866,306 257,153 1,609,153 14% 321,155 64,002
43400.00 CENTRAL GARAGE 599,050 599,050 127,907 471,143 21% 119,234 (8,672)
43600.00 DEVELOPMENT PROJECTS - - 1,678 (1,678) n/a 374 (1,304)
Total - Function Public Works 2,847,321 2,937,321 478,090 2,459,231 16% 515,438 37,348
Function: Culture and Recreation
45100.00 RECREATION 627,505 627,505 104,098 523,407 17% 79,718 (24,380)
45200.00 PARKS 1,966,606 2,006,606 326,226 1,680,380 16% 275,675 (50,551)
45500.00 LIBRARIES 32,674 32,674 6,274 26,400 19% 17,213 10,939
Total - Function Culture and Recreation 2,626,785 2,666,785 436,598 2,230,187 16% 372,606 (63,992)
80000.00 Transfer to Other Funds 248,488 248,488 - 248,488 0% 400,000 400,000
Total Expenditures 21,046,603 21,277,443 3,689,095 17,588,348 17%3,703,949 14,854
COMPARATIVE
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
GENERAL FUND
Function: General Government
41110.00 MAYOR & COUNCIL 76,427 76,427 18,337 58,090 24% 15,766 (2,571)
41320.00 ADMINISTRATION 313,089 313,089 60,949 252,140 19% 58,466 (2,483)
41330.00 BOARDS & COMMISSIONS 10,550 10,550 646 9,904 6% 1,184 538
41400.00 CITY CLERK FUNCTIONS 130,660 130,660 25,456 105,204 19% 23,792 (1,664)
41410.00 ELECTIONS 112,832 112,832 23,658 89,174 21% - (23,658)
41520.00 FINANCE 704,542 704,542 135,205 569,337 19% 108,007 (27,197)
41820.00 HUMAN RESOURCES 316,502 316,502 60,629 255,873 19% 59,533 (1,096)
41830.00 COMMUNICATIONS 143,422 143,422 27,546 115,876 19% 25,849 (1,697)
41910.00 COMMUNITY DEVELOPMENT 348,850 348,850 46,766 302,084 13% 63,019 16,253
41920.00 INFORMATION TECHNOLOGY 256,283 256,283 50,332 205,951 20% 47,220 (3,112)
41940.00 FACILITIES - CITY HALL 101,693 101,693 20,311 81,382 20% 21,290 979
Total - Function General Government 2,514,850 2,514,850 469,836 2,045,014 19% 424,125 (45,710)
Function: Public Safety
42100.00 POLICE 6,238,856 6,238,856 1,156,776 5,082,080 19% 1,069,893 (86,883)
42200.00 FIRE 2,354,931 2,354,931 381,621 1,973,310 16% 118,233 (263,388)
42400.00 BUILDING INSPECTION 830,502 830,502 156,224 674,278 19% 157,964 1,739
Total - Function Public Safety 9,424,289 9,424,289 1,694,622 7,729,667 18% 1,346,090 (348,532)
Function: Public Works
43050.00 ENGINEERING 403,645 403,645 75,589 328,056 19% 70,853 (4,736)
43100.00 STREET 582,011 582,011 109,632 472,379 19% 117,968 8,337
43400.00 CENTRAL GARAGE 293,500 293,500 57,796 235,704 20% 57,618 (177)
Total - Function Public Works 1,279,156 1,279,156 243,016 1,036,140 19% 246,440 3,424
Function: Culture and Recreation
45100.00 RECREATION 444,525 444,525 52,473 392,052 12% 47,477 (4,996)
45200.00 PARKS 1,253,181 1,253,181 208,572 1,044,609 17% 216,441 7,869
Total - Function Culture and Recreation 1,697,706 1,697,706 261,045 1,436,661 15% 263,918 2,873
General Fund Payroll Only Expenditures Total 14,916,001 14,916,001 2,668,519 12,247,482 18%2,280,573 (387,945)
EDA FUND
Function: Economic Development
46500.00 ECONOMIC DEVELOPMENT 163,834 163,834 24,067 139,767 15% 28,843 4,775
EDA Fund Payroll Only Expenditures Total 163,834 163,834 24,067 139,767 15%28,843 4,775
COMPARATIVE
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
WATER FUND
Function: Water
41520.00 FINANCE 89,344 89,344 17,311 72,033 19% 16,536 (774)
49400.00 WATER 826,958 826,958 189,120 637,838 23% 202,356 13,236
Water Fund Payroll Only Expenditures Total 916,302 916,302 206,431 709,871 23%218,892 12,462
SEWER FUND
Function: Sewer
41520.00 FINANCE 89,344 89,344 17,308 72,036 19% 16,533 (775)
49450.00 SEWER 869,044 869,044 139,550 729,494 16% 144,150 4,600
Sewer Fund Payroll Only Expenditures Total 958,388 958,388 156,857 801,531 16%160,682 3,825
STORM WATER FUND
Function: Storm Water
49420.00 WATER QUALITY 370,250 370,250 47,125 323,125 13% 70,164 23,039
Storm Water Fund Payroll Only Expenditures Total 370,250 370,250 47,125 323,125 13%70,164 23,039
City-Wide Total Payroll Expenditures 17,324,775 17,324,775 3,102,999 14,221,776 18% 2,759,154 (343,844)
City of Prior Lake
Debt Service Funds
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Property Taxes
Current Property Taxes 3,203,024 3,203,024 - (3,203,024) 0% - -
Special Assessments
City Assess. Collections - - 8,683 8,683 n/a 3,202 5,481
County Assess. Collection 640,649 640,649 - (640,649) 0% - -
Interest (losses) on investments
Interest Earnings 52,900 52,900 20,561 (32,339) 39% 16,743 3,818
Unrealized Inv.Gain(Loss) - - 2,214 2,214 n/a 10,343 (8,130)
Other Financing Sources
Transfer from Other Funds 1,010,990 1,010,990 - (1,010,990) 0% - -
Total Revenues 4,907,563 4,907,563 31,457 (4,876,106) 1%30,288 1,169
Expenditures
Debt Service
Principal 4,202,801 4,202,801 - 4,202,801 0% - -
Interest and Other 971,142 971,142 - 971,142 0% 4,500 4,500
Transfers to Other Funds 45,000 45,000 - 45,000 0% - -
Total Expenditures 5,218,943 5,218,943 - 5,218,943 0%4,500 4,500
Net Change (311,380) (311,380) 31,457 25,788
COMPARATIVE
City of Prior Lake
Cable Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Charges for Services
210-41340.00-34304.00 PEG Access Fees 17,100 17,100 - (17,100) 0% - -
Interest (losses) on investments
210-41340.00-36210.00 Interest Earnings - - 906 906 n/a 632 274
210-41340.00-36225.00 Unrealized Inv. Gain (Loss) - - 99 99 n/a 391 (291)
Total Revenues 17,100 17,100 1,005 (16,095) 6%1,022 (18)
Expenditures
Current Expenditures
210-41340.00-52400.20 Small Equipment - Technology 6,000 6,000 - 6,000 0% - -
210-41340.00-54020.00 Software Service Contract - - 3,576 (3,576) n/a 3,576 -
Total Expenditures 6,000 6,000 3,576 2,424 60%3,576 -
Net Change 11,100 11,100 (2,571) (2,554)
COMPARATIVE
City of Prior Lake
Capital Park Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Charges for Services
225-45200.00-34760.01 Facility Rental - Regular - - 6,000 6,000 n/a 6,000 -
225-45200.00-34760.87 Facility Rental - Lease 24,000 24,000 - (24,000) 0% - -
225-45200.00-34791.00 Dedication Fees 300,000 300,000 - (300,000) 0% 90,540 (90,540)
Charges for Services 324,000 324,000 6,000 (318,000) 2% 96,540 (90,540)
Interest (losses) on investments
225-00000.00-36210.00 Interest Earnings 30,600 30,600 14,519 (16,081) 47% 12,180 2,339
225-00000.00-36225.00 Unrealized Inv.Gain(Loss) - - 1,580 1,580 n/a 7,531 (5,950)
Interest (losses) on investments 30,600 30,600 16,099 (14,501) 53% 19,711 (3,611)
Contributions and donations
225-00000.00-36230.00 Contributions & Donations - - 2,300 2,300 n/a - 2,300
Contributions and donations - - 2,300 2,300 n/a - 2,300
Total Revenues 354,600 354,600 24,399 (330,201) 7%116,251 (91,851)
Expenditures
225-45200.00-53100.80 Professional Services-General 5,000 5,000 5,000 - 100% 4,872 (128)
225-45200.00-55040.00-PRK23-000001 Projects - Property & ROW Acquisit'n - - 2,800 (2,800) n/a - (2,800)
225-45200.00-55050.00-TRN19-000004 Projects - Professional Services - - 9,255 (9,255) n/a 992 (8,263)
225-45200.00-55530.00 Infrastructure 300,000 300,000 - 300,000 0% 4,642 4,642
Total Expenditures 305,000 305,000 17,055 287,945 6%10,507 (6,548)
Net Change 49,600 49,600 7,344 105,744
COMPARATIVE
City of Prior Lake
Revolving Equipment Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes
410-00000.00-31010.00 Current Property Taxes 800,000 800,000 - (800,000) 0%- -
Taxes 800,000 800,000 - (800,000) 0%- -
Interest (losses) on investments
410-00000.00-36210.00 Interest Earnings 14,500 14,500 6,859 (7,641) 47%6,142 717
410-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 1,662 1,662 n/a 3,655 (1,994)
Interest (losses) on investments 14,500 14,500 8,521 (5,979) 59%9,798 (1,277)
Sale of assets
410-00000.00-39102.00 Sale of Property - - 36,290 36,290 n/a - 36,290
Sale of assets - - 36,290 36,290 n/a - 36,290
Transfers in
410-00000.00-39203.00 Transfer from Other Funds - - 400,000 400,000 n/a 54,375 345,625
Transfers in - - 400,000 400,000 n/a 54,375 345,625
Total Revenues 814,500 814,500 444,811 (369,689) 55%64,173 380,638
COMPARATIVE
City of Prior Lake
Revolving Equipment Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Public Safety
Police
410-42100.00-55550.00 Vehicles 330,000 543,000 19,990 523,010 4%175,499 155,509
Fire
410-42200.00-55550.00 Vehicles - - 547,464 (547,464) n/a 20,373 (527,092)
Building Inspection
410-42400.00-55550.00 Vehicles - 44,000 - - 0%- -
Emergency Management
410-42500.00-55570.00 Machinery & Equipment 93,200 93,200 - - 0%- -
Total Public Safety 423,200 680,200 567,454 (24,454) 83%195,872 (371,583)
Public Works
Street
410-43100.00-55550.00 Vehicles - - 66,544 (66,544) n/a - (66,544)
410-43100.00-55570.00 Machinery & Equipment 38,000 38,000 30,625 7,375 81%17,721 (12,904)
Engineering
410-43050.00-55550.00 Vehicles 50,000 50,000 - - 0%- -
Central Garage
410-43400.00-55550.00 Vehicles 25,000 25,000 - 25,000 0%- -
Total Public Works 113,000 113,000 97,169 (34,169) 86%17,721 (79,448)
Culture and Recreation/Parks
410-45200.00-55550.00 Vehicles - 347,500 140,574 206,926 40%797 (139,777)
410-45200.00-55570.00 Machinery and Equipment 328,000 328,000 96,603 231,397 29%235,759 139,156
Total Culture & Recreation 328,000 675,500 237,177 438,323 35%236,556 (621)
Sewer
410-49450.00-55570.00 Machinery and Equipment - - - - n/a 1,615 1,615
Total Utility - - - - n/a 1,615 1,615
Total Expenditures 864,200 1,468,700 901,801 379,699 61%451,764 (450,037)
Net Change (49,700) (654,200) (456,990) (387,591)
City of Prior Lake
Revolving Park Equipment Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes
430-00000.00-31010.00 Current Property Taxes 460,000 460,000 - (460,000) 0%- -
Taxes 460,000 460,000 - (460,000) 0%- -
Interest (losses) on investments
430-00000.00-36210.00 Interest Earnings 25,100 25,100 5,096 (20,004) 20%10,146 (5,050)
430-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 563 563 n/a 6,218 (5,655)
Interest (losses) on investments 25,100 25,100 5,659 (19,441) 23%16,365 (10,705)
Total Revenues 485,100 485,100 5,659 (479,441) 1%16,365 (10,705)
Expenditures
Culture and Recreation
Dept 45200.00 - PARKS
430-45200.00-55020.00 Projects - Engineering - - - - n/a 42,750 42,750
430-45200.00-55530.00 Infrastructure 65,000 65,000 5,000 60,000 8%- (5,000)
Total Culture & Recreation 65,000 65,000 5,000 60,000 8%42,750 37,750
Total Expenditures 65,000 65,000 5,000 60,000 8%42,750 37,750
Net Change 420,100 420,100 659 (26,385)
COMPARATIVE
City of Prior Lake
Facilities Management Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes
440-00000.00-31010.00 Current Property Taxes 205,000 205,000 - (205,000) 0% - -
Taxes 205,000 205,000 - (205,000) 0% - -
Interest (losses) on investments
440-00000.00-36210.00 Interest Earnings 25,200 25,200 11,762 (13,438) 47% 9,874 1,887
440-00000.00-36225.00 Unrealized Inv.Gain(Loss) - - 1,539 1,539 n/a 6,147 (4,608)
Interest (losses) on investments 25,200 25,200 13,301 (11,899) 53% 16,022 (2,721)
Transfers in
440-00000.00-39203.00 Transfer from Other Funds 24,000 24,000 6,000 (18,000) 25% - 6,000
Transfers in 24,000 24,000 6,000 (18,000) 25% - 6,000
Debt Issued
440-00000.00-39310.00 G.O. Bond Proceeds 1,100,000 1,100,000 - (1,100,000) 0% - -
Debt Issued 1,100,000 1,100,000 - (1,100,000) 0% - -
Total Revenues 1,354,200 1,354,200 19,301 (1,334,899) 1%16,022 3,279
Expenditures
Function: General Government
41940-55050.00 Projects Professional Svcs- FACILITIES - CITY HALL - - 15,176 (15,176) n/a 11,648 (3,528)
41940-55520.00 Building & Building Improvements-FACILITIES - CITY HALL 439,600 439,600 7,298 432,302 2% - (7,298)
Total - Function General Government 439,600 439,600 22,474 417,126 5% 11,648 (10,826)
Function: Public Safety
42100-55520.00 Building & Building Improvements-POLICE 81,000 181,000 17,964 163,036 10% - (17,964)
42200-55520.00 Building & Building Improvements-FIRE 178,600 178,600 6,090 172,510 3% 20,244 14,154
Total - Function Public Safety 259,600 359,600 24,054 335,546 7% 20,244 (3,810)
Function: Public Works
43400.00 CENTRAL GARAGE 128,000 128,000 5,804 122,196 5% - (5,804)
Total - Function Public Works 128,000 128,000 5,804 122,196 5% - (5,804)
Function: Culture and Recreation
45200.00 PARKS 16,000 141,000 15,080 125,920 11% - (15,080)
45500.00 LIBRARIES 23,500 23,500 6,403 17,097 27% - (6,403)
Total - Function Culture and Recreation 39,500 164,500 21,483 143,017 13% - (21,483)
Total Expenditures 866,700 1,091,700 73,814 1,017,886 7%31,892 (41,923)
Net Change 487,500 262,500 (54,514) (15,870)
COMPARATIVE
City of Prior Lake
Permanent Improvement Revolving Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes
450-00000.00-31810.00 Franchise Taxes 1,080,000 1,080,000 - (1,080,000) 0%- -
Taxes 1,080,000 1,080,000 - (1,080,000) 0%- -
Special Assessments
450-00000.00-36101.00 City Assess. Collections - - 258 258 n/a 253 5
450-00000.00-36102.00 County Assess. Collection 580,666 580,666 - (580,666) 0%- -
580,666 580,666 258 (580,408) 0%253 5
Interest (losses) on investments
450-00000.00-36210.00 Interest Earnings 18,300 18,300 16,301 (1,999) 89%8,518 7,783
450-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 1,326 1,326 n/a 5,266 (3,940)
Interest (losses) on investments 18,300 18,300 17,627 (673) 96%13,784 3,843
Transfers in
450-00000.00-39203.00 Transfer from Other Funds 1,850,000 1,850,000 - (1,850,000) 0%- -
Transfers in 1,850,000 1,850,000 - (1,850,000) 0%- -
Debt Issued
450-00000.00-39310.00 G.O. Bond Proceeds 1,696,200 1,696,200 - (1,696,200) 0%- -
Debt Issued 1,696,200 1,696,200 - (1,696,200) 0%- -
Total Revenues 5,225,166 5,225,166 17,885 (5,207,281) 0%14,037 3,848
Expenditures
Function: Public Works
450-43100.00-55020.00-PIR24-000001 Projects - Engineering - - 61,733 (61,733) n/a 1,147 (60,586)
450-43100.00-55050.00-PIR24-000001 Projects - Professional Services - - 262 (262) n/a - (262)
450-43100.00-55530.00 Infrastructure 6,570,000 6,570,000 - (6,570,000) 0%- -
Total - Function Public Works 6,570,000 6,570,000 61,995 (6,631,995) 1%1,147 (60,848)
OTHER FINANCING USES
Transfers out
450-80000.00-59203.00 Transfers to Other Funds 94,590 94,590 - 94,590 0%- -
Total Expenditures 6,664,590 6,664,590 61,995 6,602,595 1%1,147 (60,848)
Net Change (1,439,424) (1,439,424) (44,109) 12,890
COMPARATIVE
City of Prior Lake
Water Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Operating Revenue
Water Charges
601-49400.00-37100.00 Utility Receipts - Water 4,042,024 4,042,024 125,410 (3,916,614) 3%111,468 13,942
601-49400.00-37160.00 Penalties 20,000 20,000 1,908 (18,092) 10%1,136 772
4,062,024 4,062,024 127,318 (3,934,706) 3%112,604 14,714
Utility Base Fee
601-49400.00-37110.00 Utility Base Fee Revenue 1,374,903 1,374,903 78,806 (1,296,097) 6%71,483 7,323
1,374,903 1,374,903 78,806 (1,296,097) 6%71,483 7,323
Meter Sales
601-49400.00-37170.00 Water Meter Sales 79,825 79,825 15,506 (64,319) 19%10,034 5,473
601-49400.00-37175.00 Pressure Reducers 25,000 25,000 2,656 (22,344) 11%2,673 (17)
104,825 104,825 18,162 (86,663) 17%12,707 5,456
Total Operating Revenue 5,541,752 5,541,752 224,286 (5,317,466) 4%196,794 27,493
Non-Operating Revenue
Interest (losses) on investments
601-00000.00-36210.00 Interest Earnings 117,300 117,300 70,507 (46,793) 60%48,073 22,435
601-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 6,033 6,033 n/a 27,674 (21,641)
117,300 117,300 76,540 (40,760) 65%75,746 794
Miscellaneous Revenues
601-00000.00-36212.00 Miscellaneous Revenue - - 15 15 n/a 10 5
- - 15 15 - 10 5
Total Non-Operating Revenue 117,300 117,300 76,555 (40,745) 65%75,756 799
Total Revenues 5,659,052 5,659,052 300,841 (5,358,211) 5%272,550 28,292
COMPARATIVE
City of Prior Lake
Water Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Total Expenditures
Personnel and current expenditures (excluding depreciation)
41520.00 Finance 124,805 124,805 25,795 99,010 21%20,975 (4,820)
49400.00 Water 2,911,360 2,911,360 469,324 (2,442,036) 16%526,033 56,709
3,036,165 3,036,165 495,118 2,541,047 16%547,008 51,890
Principal
601-49400.00-56010.00 Water 135,000 135,000 - 135,000 0%- -
135,000 135,000 - 135,000 0%- -
Interest & other
601-49400.00-56110.00 Water 34,650 34,650 (1,540) 36,190 -4%(1,660) (120)
34,650 34,650 (1,540) 36,190 -4%(1,660) (120)
Capital improvements
601-49400.00-55530.00 Infrastructure 75,000 75,000 190 74,811 0%465 276
601-49400.00-55570.00 Machinery and equipment 110,500 110,500 - 110,500 0%- -
185,500 185,500 190 185,311 0%465 276
Total Expenditures 3,391,315 3,391,315 493,768 2,897,547 545,813 52,045
Other Financing Sources
Debt Issued
601-00000.00-39315.00 Projects - Bond Premium - - - - n/a 4,327 4,327
- - - - n/a 4,327 4,327
Total Other Financing Sources - - - - n/a 4,327 4,327
Other Financing Uses
Transfers out
601-80000.00-59203.00 Transfers to other funds 2,713,650 2,713,650 134,750 2,578,900 5%82,938 (51,813)
2,713,650 2,713,650 134,750 2,578,900 5%82,938 (51,813)
Total Other Financing Uses 2,713,650 2,713,650 134,750 2,578,900 5%82,938 (51,813)
Total Revenues/ Other Financing Sources 5,659,052 5,659,052 300,841 (5,358,211) 5%276,877 32,619
Total Expenditures/Other Financing Uses 6,104,965 6,104,965 628,518 5,476,447 10%628,751 233
Net Change (445,913) (445,913) (327,676) 118,237 (351,873) 32,386
City of Prior Lake
Sewer Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Sewer Charges
604-49450.00-37102.00 Utility Receipts - Sewer 2,023,789 2,023,789 (97,882) (2,121,671) -5%(106,612) 8,729
604-49450.00-37104.00 Utility Recpt-Sewer MCES 2,106,431 2,106,431 288,109 (1,818,322) 14%292,036 (3,926)
604-49450.00-37160.00 Penalties - - 873 873 n/a 881 (8)
4,130,220 4,130,220 191,100 (3,939,120) 5%186,305 4,795
Capital Facility charges
604-49450.00-37110.00 Utility Base Fee Revenue 1,195,743 1,195,743 68,244 (1,127,499) 6%62,063 6,181
1,195,743 1,195,743 68,244 (1,127,499) 6%62,063 6,181
Total Operating Revenue 5,325,963 5,325,963 259,343 (5,066,620) 5%248,368 10,976
Non-Operating Revenue
Interest (losses) on investments
604-00000.00-36210.00 Interest Earnings 70,000 70,000 35,246 (34,754) 50%28,367 6,879
604-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 1,626 1,626 n/a 14,987 (13,362)
70,000 70,000 36,872 (33,128) 53%43,355 (6,483)
Total Non-Operating Revenue 70,000 70,000 36,872 (33,128) 53%43,355 (6,483)
Total Revenue 5,395,963 5,395,963 296,215 (5,099,748) 5%291,722 4,493
COMPARATIVE
City of Prior Lake
Sewer Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Total Expenditures
Personnel and current expenditures (excluding depreciation)
41520.00 Finance 124,440 124,440 25,814 98,626 21%20,971 (4,843)
49450.00 Sewer 3,439,711 3,533,711 711,387 2,822,324 20%704,043 (7,343)
3,564,151 3,658,151 737,201 2,920,950 20%725,015 (12,186)
Principal
604-49450.00-56010.00 Sewer 135,000 135,000 - 135,000 0%- -
135,000 135,000 - 135,000 0%- -
Interest & other
604-49450.00-56110.00 Sewer 34,650 34,650 (1,540) 36,190 -4%(1,660) (120)
34,650 34,650 (1,540) 36,190 -4%(1,660) (120)
Capital improvements
604-49450.00-55530.00 Infrastructure 1,500,000 1,500,000 10,996 1,489,004 1%- (10,996)
604-49450.00-55570.00 Machinery and equipment 440,000 440,000 6,402 433,598 1%28,261 21,859
1,940,000 1,940,000 17,398 1,922,602 1%28,261 10,863
Total Expenditures 5,673,801 5,767,801 753,059 5,014,742 751,615 (1,444)
Other Financing Sources
Debt Issued
604-00000.00-39315.00 Projects - Bond Premium - - - - n/a 4,327 4,327
- - - - n/a 4,327 4,327
Total Other Financing Sources - - - - n/a 4,327 4,327
Other Financing Uses
604-80000.00-59203.00 Transfers to other funds 247,000 247,000 134,250 112,750 54%82,688 (51,563)
Total Other Financing Uses 247,000 247,000 134,250 112,750 54%82,688 (51,563)
Total Revenues/ Other Financing Sources 5,395,963 5,395,963 296,215 (5,099,748) 5%296,050 8,820
Total Expenditures/Other Financing Uses 5,920,801 6,014,801 887,309 5,127,492 15%834,303 (53,006)
Net Change (524,838) (618,838) (591,094) 27,744 (538,253) 61,827
City of Prior Lake
Water Quality Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Storm Water Charges
602-49420.00-37120.00 Storm Water Revenue 1,510,793 1,510,793 90,179 (1,420,614) 6%76,062 14,117
1,510,793 1,510,793 90,179 (1,420,614) 6%76,062 14,117
Water Charges
602-49420.00-37160.00 Penalties 4,000 4,000 256 (3,744) 6%253 3
4,000 4,000 256 (3,744) 6%253 3
Total Operating Revenue 1,514,793 1,514,793 90,436 (1,424,357) 6%76,315 14,121
Non-Operating Revenue
Interest (losses) on investments
602-00000.00-36210.00 Interest Earnings 41,100 41,100 24,470 (16,630) 60%15,675 8,794
602-00000.00-36225.00 Unrealized Inv.Gain(Loss)- - 2,060 2,060 n/a 9,031 (6,971)
41,100 41,100 26,529 (14,571) 65%24,706 1,824
Miscellaneous Revenues
602-49420.00-33422.10 State Aids/Grants - Operating Grants - - 4,354 (4,354) n/a - (4,354)
- - 4,354 (4,354) n/a - (4,354)
Total Non-Operating Revenue 41,100 41,100 30,883 (18,924) 75%24,706 (2,530)
Total Revenues 1,555,893 1,555,893 121,319 (1,443,281) 8%101,021 11,591
COMPARATIVE
City of Prior Lake
Water Quality Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
COMPARATIVE
Total Expenditures
Personnel and current expenditures (excluding depreciation)
49420.00 Water Quality 674,800 674,800 61,353 613,447 9%128,097 66,744
674,800 674,800 61,353 613,447 9%128,097 66,744
Capital improvements
602-49420.00-55050.00 Projects - Professional Services - - 8,912 (8,912) n/a -
602-49420.00-55530.00 Infrastructure 1,708,000 1,708,000 213,279 1,494,721 12%94,532 (118,747)
1,708,000 1,708,000 222,191 1,485,809 13%94,532 (118,747)
Total Expenditures 2,382,800 2,382,800 283,544 2,099,256 12%222,629 (52,004)
Other Financing Uses
602-80000.00-59203.00 Transfers to other funds 113,300 113,300 136,325 (23,025) 120%27,500 (108,825)
Total Other Financing Uses 113,300 113,300 136,325 (23,025) 120%27,500 (108,825)
Total Revenues/ Other Financing Sources 1,555,893 1,555,893 121,319 (1,443,281) 8%101,021 11,591
Total Expenditures/Other Financing Uses 2,496,100 2,496,100 419,869 2,076,231 17%250,129 (160,829)
Net Change (940,207) (940,207) (298,551) 632,949 (149,108) (149,238)
City of Prior Lake
Economic Development Authority Special Revenue Fund
As of 3/31/2024
(Preliminary & Unaudited)
Variance from Variance
2024 2024 2024 Amended Budget - % BDGT Actual from 2023
Budget Amended Actual Positive ( Negative)USED 3/31/2023 Positive (Negative)
Revenues
Taxes
240-00000.00-31010.00 Current Property Taxes 364,000 364,000 - (364,000) 0% - -
240-00000.00-31040.00 Fiscal Disparities 26,000 26,000 - (26,000) 0% - -
Taxes 390,000 390,000 - (390,000) 0% - -
Charges for Services
240-46500.00-34760.02 Facility Rental - EDA 24,588 24,588 9,375 (15,213) 38% 8,196 1,179
Charges for Services 24,588 24,588 9,375 (15,213) 38% 8,196 1,179
Interest (losses) on investments
240-00000.00-36210.00 Interest Earnings 3,700 3,700 3,649 (51) 99% 1,972 1,678
240-00000.00-36225.00 Unrealized Inv.Gain(Loss) - - 716 716 n/a 1,132 (416)
Interest (losses) on investments 3,700 3,700 4,365 665 118% 3,104 (1,262)
Total Revenues 418,288 418,288 13,740 (404,548) 3%11,300 2,441
Expenditures
Function: Economic Development
46500.00 ECONOMIC DEVELOPMENT 649,834 649,834 293,831 356,003 45% 50,259 (243,572)
Total Expenditures 649,834 649,834 293,831 356,003 45%50,259 (243,572)
Net Change (231,546) (231,546) (280,090) (38,959)
COMPARATIVE
S:\Council Reports\2024\0514\2024 Street Project - Change Order\20240423 Change Order No. 1.docx Page 1
Change Order No. 1
Date of Issuance: May 14, 2024 Effective Date: May 14, 2024
Owner: City of Prior Lake Owner's Contract No.: CP 2024-01
Contractor: McNamara Contracting Contractor’s Project No.:
Engineer: WSB Engineer's Project No.: 022048-000
Project: 2024 Street Improvement Project Contract Name: NA
The Contract is modified as follows upon execution of this Change Order:
Description: The following work and line items shall be added to the contract to be completed in accordance
with the contract documents.
PART A - SIDEWALK
Item Description Unit Qty Unit Price Total Price
1 Remove Concrete Walk SF 8825 $2.00 $17,650.00
2 6” Concrete Walk SF 8825 $14.35 $126,638.75
3 Turf Establishment SY 25 $21.00 $525.00
SUBTOTAL A $144,813.75
PART B – STORM SEWER IMPROVEMENTS
Item Description Unit Qty Unit Price Total Price
1 Mobilization for Storm Sewer LS 1 $2,000.00 $2,000.00
2 Bituminous Removal SY 140 $15.50 $2,170.00
3 Curb Removal LF 25 $10.00 $250.00
4 Remove Storm Sewer LF 118 $15.50 $1,829.00
5 Connect to Storm Sewer EACH 2 $2,000.00 $4,000.00
6 Install 18” RCP Storm Sewer LF 118 $90.00 $10,620.00
7 Saw Cut Bit LF 240 $3.50 $840.00
8 Prep for Bit SY 140 $5.00 $700.00
9 Bit Patching (Base Course Only) SY 140 $21.00 $2,940.00
SUBTOTAL B $25,349.00
PART C – MISCELLANEOUS
Item Description Unit Qty Unit Price Total Price
1 Valve box top section replacement EACH 2 $500.00 $1,000.00
2 Valve box top and mid section replacement EACH 2 $615.00 $1,230.00
3 Connect drain tile EACH 1 $800.00 $800.00
SUBTOTAL C $3,030.00
CHANGE ORDER GRAND TOTAL $173,192.75
Attachments: NA
S:\Council Reports\2024\0514\2024 Street Project - Change Order\20240423 Change Order No. 1.docx Page 2
CHANGE IN CONTRACT PRICE CHANGE IN CONTRACT TIMES
[note changes in Milestones if applicable]
Original Contract Price: Original Contract Times:
Substantial Completion: NA
$ 4,449,242.78 Ready for Final Payment:
days or dates
[Increase] [Decrease] from previously approved Change
Orders No. to No. :
[Increase] [Decrease] from previously approved Change
Orders No. to No. :
Substantial Completion: NA
$ NA Ready for Final Payment:
days
Contract Price prior to this Change Order: Contract Times prior to this Change Order:
Substantial Completion: NA
$ 4,449,242.78 Ready for Final Payment:
days or dates
Increase of this Change Order: [Increase] [Decrease] of this Change Order:
Substantial Completion: NA
$ 173,192.75 Ready for Final Payment:
days or dates
Contract Price incorporating this Change Order: Contract Times with all approved Change Orders:
Substantial Completion: NA
$ 4,622,435.53 Ready for Final Payment:
days or dates
RECOMMENDED: ACCEPTED: ACCEPTED:
By: By: By:
Engineer (if required) Owner (Authorized Signature) Contractor (Authorized Signature)
Title: Title
:
Title
:
Date: Date
:
Date
:
Page 1 of 2
Public Works Consultant Pool Work Order
TH13 Trail Segment 1 (CR42 to Oakland Beach Ave SE) (CP 2025-02)
WSB & ASSOCIATES, INCORPORATED, dba WSB
This work order (“Work Order”) is issued on this 14th day of May, 2024 by the City of Prior Lake
(“City”) pursuant to the Public Works Consultant Pool – Master Agreement dated April 20, 2020
(“Contract”) between the City and WSB & Associates, Incorporated, dba WSB (“Consultant”).
Based on the mutual promises and covenants set forth herein, the sufficiency of which are
hereby acknowledged, the City and Consultant agree as follows:
1. Scope of Work Order. Consultant agrees to provide, perform and complete all the services
requested by the City in this Work Order and attached Exhibit 1 (“Work”), which Work shall
be subject to the terms and conditions of this Work Order and the Contract.
2. Term of Work Order. All Work requested by this Work Order shall be completed in
accordance with a schedule set by the City Engineer.
3. Compensation for Work Order. City agrees to pay the Consultant a fixed sum of
$428,746 as full and complete payment for the Work requested by this Work Order.
4. Consultant Representative. Consultant has designated Monica Heil to manage the Work
Order subject to the supervision of Consultant’s representative.
ISSUED BY CITY OF PRIOR LAKE
___________________________________
Mayor
___________________________________
City Manager
RECEIVED AND ACCEPTED BY WSB &
ASSOCIATES, INC.
_____________________________________
Signature
____________________________________
Title
Page 2 of 2
Exhibit 1 – Scope of Work Order
G:\.Clients All\Prior Lake\Proposals\2024 Segment No 1 TH 13 Trail\LTR PROP_Trunk Highway 13 Trail Segment 1 - Egan Drive to Oakland Beach Ave_.docx
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March 26th, 2024
Mr. Andy Brotzler, P.E.
Director of Public Works/City Engineer
City of Prior Lake
17073 Adelmann St. SE
Prior Lake, MN 55372
Re: Proposal to Provide Professional Engineering Services
Trunk Highway 13 Trail Connection Project – Egan Drive to Oakland Beach Ave.
Dear Mr. Brotzler:
WSB is pleased to provide you with our proposal for professional services for the preparation of
construction documents and contract administration services for the Trunk Highway 13 Trail
Connection. The proposed improvements include construction of a separated bituminous trail
from Egan Drive to Oakland Beach Ave. The City has been awarded federal funding for the
construction of the trail segment during the 2025 construction season. WSB has recently
provided services to the City providing an alternatives analysis/decision matrix for two different
trail alignments to connect the trail from Egan Drive to Oakland Beach Ave. This proposal
assumes the barrier separated trail option with retaining wall adjacent to the lake is the preferred
alternative alignment for the trail.
Scope of Services
Generally, the scope of services will include geotechnical evaluations, preparation of construction
documents including plans and specifications, preparation of environmental documentation
required for federal funds, bidding assistance, and contract construction administration services.
For specifics on deliverables associated with each task, please review Exhibit C.1.
Task 1.0: Geotechnical Exploration
WSB will perform geotechnical exploration and evaluation to identify general soil information in
the project corridor consisting of the following items:
•Geotechnical Field Work and Evaluation Report
•Access site with CME-55 truck mounted auger drill rig
•Perform four (2) soil borings to depth of about 14.5 feet below grade – there is an
assumed 2 borings near the highway.
•If borings are extended due to unsuitable soils at termination depths (organics, fills, etc .),
additional depth may be required at additional cost per foot.
•We will utilize flashing lights, signage, and cones for traffic control and allow traffic to self-
regulate around our work zone.
•Samples retrieved during drilling will be returned to our laboratory where they will be
reviewed, classified using the Unified Soil Classification System (USCS) and logged
under the direction of a geotechnical engineer.
•Select samples will be set aside for laboratory testing. We may perform routine
laboratory tests on selected soil samples obtained from the exploration.
•WSB will complete Gopher State One Call (GSOC) utility clearance to have public
underground utilities marked.
•Private utilities are the responsibility of the utility owner to mark, and WSB should be
notified of any private underground utilities that are onsite.
EXHIBIT 1
Mr. Andy Brotzler, P.E.
March 26, 2024
Page 2
G:\.Clients All\Prior Lake\Proposals\2024 Segment No 1 TH 13 Trail\LTR PROP_Trunk Highway 13 Trail Segment 1 - Egan Drive to Oakland Beach Ave_.docx
• Some damage could occur to greenspace areas from normal drilling mobilization and
operations. Our proposed services do not include restoration of the site to pre-
conditions.
• Due to recent roadway improvements in the project corridor, no borings will be taken
within the bituminous pavement surfaces.
• Based on the proposed boring depths to depths (< 15 feet), MDH well sealing notification
and fees will not be required. If the borings are extended to a depth of 15 feet or more,
additional fees will be charged.
• WSB will prepare a geotechnical report with discussion of subsurface soil and
groundwater conditions and how they may affect the construction being proposed.
Deliverables
• Geotechnical report.
Task 2.0: Right of Way Determination and Acquisition
The right of way acquisition services will be provided in accordance with the Uniform Relocation
Assistance and Real Property Acquisition Policies Act of 1970, as amended, and other applicable
state and federal laws and rules.
Project Management/Acquisition Agent
• WSB will coordinate and complete all work tasks, establish, and monitor budgets, attend
conference call meetings and be the point of contact for all correspondence with the City.
Monthly parcel status reports will be provided, along with a detailed contact log for the
impacted parcels upon completion of the acquisition. Communication will be maintained
with the City throughout the process to quickly and efficiently resolve any issues or
concerns that arise which, in turn, keeps the project on schedule.
Pre-Acquisition Services
• Early Notification Letters will be sent to the owners to introduce our staff and inform them
of the upcoming project. We will include a contact information form so they can respond
with the best contact numbers and times they are available to meet as well as the
required Guidebook for Property Owners.
• Field Title Reports will include an on-site visit with the owners, if they are available to
meet. Our agent will view the parcel, discuss the project, gather ownership interests, and
verify improvements that may be impacted by the project.
Acquisition Services
• Offer letters and supporting documents will be prepared and presented to the owners in
person, if possible, or by Certified Mail if we are unable to meet them in person. Offer
packets will include an offer letter, summary statement, landowner rights broch ure and
the conveyance documents.
• Negotiations will be conducted in good faith with the property owners to reach an
agreement that is fair to the owner and the City as well. City staff will be contacted on
any owner issues in an effort to resolve or minimize impacts. Upon settlement,
easements will be obtained. If a settlement is reached that is higher than the offer,
administrative settlements will be prepared and submitted to the City for approval. Upon
Mr. Andy Brotzler, P.E.
March 26, 2024
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completion, the original files will be delivered to the City. Negotiations will continue
through the title and possession date.
Valuation Services:
• WSB will contract with Valbridge Property Advisors to conduct the appraisal reports.
• WSB will contract with Foster Appraisals, Inc. to conduct the review appraisal report.
Parcel Exhibits
• WSB’s survey group will prepare parcel exhibits, legal descriptions, and stake easement
areas.
Right of Way Certificate Assistance:
• WSB staff will provide documentation and assistance to the City to prepare for the file
audit related to this project including preparing the ROW Certificate #1 for state audit.
Deliverables
• Ownership and Encumbrance reports
• AutoCAD files with proposed easements/right of way
• Tabulation for right of way process
• Easement and right of way sketch and descriptions
• Early notification letters
• Valuation reports and reviews
• Offer packages
• Executed conveyance documents
• Payment requests
• Summary information for condemnation parcels
• Right of Way Certificate #1
Task 3.0 Final Design, Plans, Topographic Survey and Specifications
WSB will prepare construction documents (plans and specifications) accordance with the City's
engineering requirements and trail design requirements as published within the 2019 Federal
Highway Administration Bicycle and Pedestrian Planning, Program, and Project Development
Manual and the Trail Planning, Design, and Development Guidelines as published by the
Minnesota Department of Natural Resources. This process will also include performing utility
coordination, securing necessary permits, and performing a QA/QC and constructability review.
GSOC Coordination and Design Meeting
WSB will coordinate and prepare a meeting agenda and minutes for the design utility coordination
meeting as required by Minnesota Statute 216D. This meeting notice will be sent to all affected
private utility owners located in the project limits. Our staff will perform a GSOC design request
for private utility maps, field markings for the topographic survey
Topographic Survey
WSB will use topography survey to develop an existing conditions base map including survey
points, line work and existing ground surface.
Plans
Mr. Andy Brotzler, P.E.
March 26, 2024
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The plans will generally include the following sheets (or combined items on sheets) for the
proposed improvements:
• Title sheet
• General Layout plan
• Statement of Estimated Quantities
• Construction Notes
• Typical Sections
• Standard Details
• Construction Plans (removals, plan and profile, utility, traffic control, ADA)
• Structural retaining wall drawings
• Temporary and permanent erosion control plans
• Cross Sections
Project Manual
WSB will prepare the Project Manual (city format) including
• Advertisement for Bids
• Instructions to Bidders
• General and Supplemental Conditions
• Agreements
• Bonds
• Cost Proposals
• Special provisions
• Any other documents as required by federal funds.
Kick-Off Meeting
WSB will coordinate and hold a kick-off meeting and a100%/pre-bid meeting review with City
Staff prior to beginning design work on the project.
Permits
WSB will coordinate and obtain all permits necessary for construction. Current permits
anticipated include WCA, MnDNR, USACE, MPCA construction stormwater general permit, a
MnDOT ROW permit for the construction of the trail, and an erosion control permit from the Prior
Lake Spring Lake Watershed District.
QA/QC Plan Review
WSB will conduct a comprehensive QA/QC plan review to ensure all applicable engineering
standards and trail grant requirements are met as published in the Local Trail Connections
Program manual. This review will also include a cursory review of the plans by an employee of
WSB’s transportation group as it relates to MnDOT requirements for construction of
improvements within the MnDOT Trunk Highway right of way. For purposes of this cost proposal,
it is assumed that only a MnDOT right of way permit will be required. If a cooperative
construction agreement is required as a part of this project, WSB will need to amend this scope of
work to include more hours for coordination and review/signatures by MnDOT’s functional groups.
Constructability Review
WSB will perform a constructability review, in which a member of the WSB construction team will
review the plans and specifications in their entirety for constructability to evaluate risks associated
with construction and potential risk mitigation measures that can be implemented.
Deliverables
• Meeting agenda, meeting minutes, and summary memos for GSOC meeting.
• Construction drawings (30%, 60%, 90%, and 100% design stages)
Mr. Andy Brotzler, P.E.
March 26, 2024
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• Draft and final project manual.
• Meeting agenda, meeting minutes, and summary memos for design meetings.
• Final executed permits.
• QA/QC plan review checklist.
Task 4.0: Categorical Exclusion Preparation
Since the project has received federal funding, a programmatic Categorical Exclusion (CATEX)
document is anticipated. As part of the document development, the WSB team will distribute early
coordination letters with MnDOT and MnDNR to identify potential historic and archaeological
resources as well as state and federal threatened and endangered species. Of particular interest
to this project, which is likely to include some tree clearing – the northern long eared bat has been
recently designated as endangered, which will result in changes in tree clearing activities. Along
with the early coordination letters, the WSB team will complete a scan regarding the potential for
contaminated materials through review of on-line databases. Using the information from the
letters, database searches and information from the wetland delineation, a draft CATEX
document will be prepared for review by the city and MnDOT. Revisions will be made based upon
comments received and will be updated and submitted for signature. It is anticipated that
coordination will be needed with MnDOT on the preparation of the CATEX due to the trail’s
location/proximity to TH 13. Meeting time with MnDOT environmental staff is included in the
hours for the development of the document. Attendance at regular project team meetings is also
included.
Should early coordination letters indicate the need for further investigations on particular
resources (e.g., potential archaeological site), the WSB team will coordinate with the reviewing
agencies and the city to understand additional work scope.
Deliverables:
• Draft CATEX for review
• Final CATEX for signature and submittal
Task 5.0: Final Cost Estimate
WSB will prepare a final engineer’s opinion of probable construction cost based upon the final
tabulated quantities and estimated unit costs for each pay item.
Deliverables:
• Engineer’s opinion of probable cost.
Task 6.0: Project Bidding
WSB will assist the City in establishing a bid opening time, date and location and prepare the
necessary notices and publications for advertisement.
During the bidding phase of the project, WSB staff will lead responses to plan holders that have
pre-bid questions, clarifications, issue addenda (if necessary) and open the bids. WSB will
prepare bid tabulations, bid summary and recommendation letter for consideration of awarding a
contract. When the City awards the construction contract, WSB will assist in preparing and
executing project contracts, bonds, and insurance with the selected contractor.
Deliverables:
• Notices and publications.
• Summary of Q & A from bidding.
• Bid tabulations.
• Award recommendation letter.
Mr. Andy Brotzler, P.E.
March 26, 2024
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• Executed contracts, bonds, and insurance.
Task 7.0: Construction Administration
WSB will provide all services necessary to effectively administer the contract to ensure
compliance with construction contract plans and specifications. This task generally includes on
site construction survey, inspection and construction materials testing including:
• General coordination, progress reports, invoices, and billing.
• Quality control/quality assurance.
• Preconstruction conference.
• Daily inspection.
• Construction survey and staking.
• Site progress meetings.
• Submittal and shop drawing reviews and approvals.
• Responding to contractor requests for information and questions.
• Tabulating in place material quantities and items of work and preparing construction pay
applications for review by the contractor and the City.
• Generating a punchlist of remaining contractual obligations and ensuring the completion
of the items contained within the punchlist by the contractor.
• Providing as-built construction drawings after construction completion.
Deliverables:
• Preconstruction agenda, meeting invites, and meeting minutes.
• Site progress meeting agenda and minutes.
• Approval submittals and shop drawings.
• Daily inspection logs and weekly reports.
• Draft and final contractor pay applications for City Council approval.
• Project punchlists.
• Project closeout documentation.
For purposes of estimating on-site inspection effort, WSB has assumed 16 weeks of active
construction inspection at 50 hours per week.
Compensation Summary
Our fees for the scope of services is proposed on an hourly basis, estimated as summarized
below. The fee estimate is provided in a detailed format on the enclosed Estimated Project Fees
Worksheet.
▪ Task 1: Geotechnical Exploration $8,591
▪ Task 2: Right of Way Determination and Acquisition $18,676
▪ Task 3: Final Design, Plans, and Specifications $156,998
▪ Task 4: Categorical Exclusion Preparation $25,723
▪ Task 5: Final Cost Estimate $8,142
▪ Task 6: Project Bidding $8,855
▪ Task 7: Construction Administration $178,361
Reimbursable Expenses
Permit Fees
• NPDES $400
• MnDNR $400
• MnDOT ROW $250
Mr. Andy Brotzler, P.E.
March 26, 2024
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Materials Testing $14,000
Ownership and Encumbrance Reports $750
Appraisals – Valbridge $6,500
Appraisal Review – Foster Appraisals $1,100
Total Fee $428,746
Assumptions
The following assumptions were made while preparing this proposal:
• There are 3 parcels on this project with fee, permanent and/or temporary easement
acquisitions.
• Right of Way negotiations will continue until the title and possession date. Any services
requested beyond that date would be billed at our standard hourly rates.
• Eminent domain services include providing documentation to the County. If additional
services are needed, the contract would be amended to include those services.
• Assumes 16 weeks of active construction administration at 50 hours/week for
construction inspection and materials testing. This is the level of effort assumed to be
needed to perform construction observation during active construction hours along with
completing all documentation and paperwork necessary for use of federal funds.
Thank you for the opportunity to provide professional services to the City of Prior Lake for the
Trunk Highway 13 Trail Connection Project. Feel free to contact me if you have any questions.
Sincerely,
WSB
Monica Heil, P.E.
Vice President of Municipal Services
(952) 737-4675
MHeil@wsbeng.com
Attachments
cc: Nick Monserud, PE, City of Prior Lake
Kelvin Howieson, WSB
/pgs
Senior Transportation Municipal Geotechnical Senior Structural Structural Transportation Right of Way Right of Way Right Quality
Principal Project Contract Construction Project Project Engineering Project Geotechnical and Project Project Planning Sr.Transportation Transportation GIS Wetland Wetland Wetland Project QA/QC of Way Admin Water WR Manager Office 2-Person Total
Manager Administrator Observer Engineer Engineer Technician Engineer Drill Rig Crew Engieer Engieer Lead Plannner Plannner Lead Support Delineator Manager Agent Agent Support Resources EIT QA/QC Survey Survey Crew Hours Fee
Scope of Services Phase/Task Description Monica Heil Kelvin Howieson
Marcus
VanderBrug
Shannon
Heitmann Brad Caron Mark Osborn Jeremy Burke Stan Hill Jack Corkle Austin Hauf Daniil/Kaylynn Taylor Kaatz Alison Harwood Roxy Robertson Dustin Simonson Faye Gillespie Ben Barker Benton Johnson Amy Rein Laura Rescorla Garrett Nic Hentges
1.0 Geotechnical Evaluation
1.0.1 Project Management 1 1 237.00$
1.0.2 Geotechnical Evaluation 39 8 47 8,354.00$
Soil borings (assumed 2 near roadway and 2 in wetland)
Geotechnical report
Deliverables:
Geotechnical Report
Subtotal 1 39 8 48 8,591.00$
2.0 Right of Way Determination and Acquisition
2.0.1 Project Management 2 12 14 2,490.00$
2.0.2 Pre-Acquisition Services 3 1 18 22 3,243.00$
Early notification letters
Field title reports
On site visit with property owners
2.0.3 Acquisition Serivces 3 1 4 741.00$
Offer letters and supporting documents
Good faith negotiations
2.0.4 Valuation Services 3 30 33 4,674.00$
Appraisal reports (subconsultant)
Appraisal report review (subconsultant)
2.0.5 Parcel Exhibits 24 12 36 6,816.00$
Preparation of sketch and legal description documents
Staking of easement areas
2.0.6 Right of Way Certificate 1 2 1 4 712.00$
Preparation of Right of Way Certificate #1 for state audit
Deliverables:
Ownership and Encumbrance reports
AutoCAD files with proposed easements/right of way
Tabulation for right of way process
Easement and right of way sketch and descriptions
Early notification letters
Valuation reports and reviews
Offer packages
Executed conveyance documents
Payment requests
Summary information for condemnation parcels
Subtotal 3 23 2 49 24 12 113 18,676.00$
3.0 Final Design, Plans, Topographic Survey and Specifications
3.0.0 Topographic Survey 7 24 31 7,113.00$
3.0.1 Project Management 4 22 12 2 40 8,718.00$
3.0.2 GSOC Coordination 4 8 12 2,356.00$
3.0.3 GSOC Meeting 7 8 15 3,067.00$
3.0.4 Plans 16 150 26 114 32 72 16 72 498 86,038.00$
Title Sheet
General Layout
Statement of Quantities/Notes
Construction Details
Standard Drawings
Miscellaneous Details
Construction Plans (removals, plan and profile, utility, traffic control, ADA)
Structural Retaining Wall Plans and Details
Stormwater Pollution and Prevention Plan (SWPPP)
Cross Sections
3.0.5 Project Manual (city format)5 32 12 8 4 12 73 12,061.00$
3.0.6 Design Meetings 14 16 2 4 2 2 40 7,784.00$
Design meeting 1 (Design kick-off)-$
3.0.7 Constructability Review 6 24 44 74 11,600.00$
3.0.8 QA/QC Plan Review 4 16 16 36 7,844.00$
3.0.9 Permits 6 2 42 50 6,492.00$
3.0.9 Wetland Delineation 5 2 22 29 3,925.00$
Deliverables:
Meeting agenda, meeting minutes, and summary memos for GSOC meeting
Construction drawings (30%, 60%, 90%, 100%)
Draft and final project manual
Meeting agenda, meeting minutes, and summary memos for design
meetings
Final executed permits, TEP meeting and wetland delineation
QA/QC plan review checklist
Subtotal 4 72 6 226 44 114 48 72 11 4 64 8 48 130 16 7 24 898 156,998.00$
4.0 Categorical Exclusion Preparation
4.0.1 Project Management 5 10 15 3,555.00$
4.0.2 Categorical Exclusion Preparation 10 30 104 14 158 22,168.00$
Early coordination letters with MnDOT and MnDNR
Review of potential contaminated materials
Coordination with MnDOT
Attendance at project team meetings
Deliverables:
Draft CATEX for review
Final CATEX for signature and submittal
Subtotal 5 20 30 104 14 173 25,723.00$
5.0 Final Cost Estimate
5.0.1 Project Management 3 4 4 11 2,191.00$
5.0.2 Engineer's Opinion of Probable Cost 3 10 10 4 2 4 33 5,951.00$
Deliverables:
Engineer's opinion of probable cost
Subtotal 6 14 14 4 2 4 44 8,142.00$
6.0 Project Bidding
6.0.1 Project Management 4 2 4 4 14 2,986.00$
6.0.2 Project Bidding and Award 5 10 10 8 33 5,869.00$
Schedule bid opening time, date, and location
Prepare notices and publications
Answer questions during bid phase
Prepare bid tabulations
Prepare award recommendation
Contracts, bonds, and insurance
Deliverables:
Notices and publications
Summary of Q & A during bidding
Bid tabulations
Award recommendation
Executed contracts, bonds, and insurance
Subtotal 4 7 14 14 8 47 8,855.00$
7.0 Construction Administration
7.0.1 Project Management 6 6 64 16 92 17,354.00$
General coordination
Progress reports, invoices, and billing
Labor compliance
Quality control/quality assurance
7.0.2 On-Site Construction Survey, Inspection and Materials Testing 60 805 4 6 40 915 149,603.00$
Property Owner Coordination Meeting (assumed 1 meeting)
Preconstruction Conference
Daily Inspection
Construction Staking
Site Progress Meetings
Submittals and Shop Drawings
Contractor Questions/Answers
Pay Applications
7.0.3 Final Close-out 30 12 10 10 62 11,404.00$
Project Closeout and As-Built Plans
Punchlist
Estimated Hours
City of Prior Lake, MN
Senior Transportation Municipal Geotechnical Senior Structural Structural Transportation Right of Way Right of Way Right Quality
Principal Project Contract Construction Project Project Engineering Project Geotechnical and Project Project Planning Sr.Transportation Transportation GIS Wetland Wetland Wetland Project QA/QC of Way Admin Water WR Manager Office 2-Person Total
Manager Administrator Observer Engineer Engineer Technician Engineer Drill Rig Crew Engieer Engieer Lead Plannner Plannner Lead Support Delineator Manager Agent Agent Support Resources EIT QA/QC Survey Survey Crew Hours Fee
Estimated Hours
Ensure that the project is completed consistent with approved plans and all
required documents are filed.
Deliverables:
Preconstruction agenda, meeting invites, meeting minutes
Site progress meeting agenda and minutes
Approved submittals and shop drawings
Daily inspection logs and weekly reports
Draft and final contractor pay applications for Council approval
Project punchlists
Project closeout documentation report and as-built drawings
Subtotal 6 6 154 817 10 10 4 16 6 40 1069 178,361.00$
Total 14 100 160 817 264 82 114 39 8 56 72 20 30 104 14 11 4 64 23 2 49 32 50 134 16 37 76 2392 405,346.00$
Grand Total Hours 14 100 160 817 264 82 114 39 8 56 72 20 30 104 14 11 4 64 23 2 49 32 50 134 16 37 76 2392
Hourly Rate 258.00$ 237.00$ 194.00$ 157.00$ 176.00$ 194.00$ 177.00$ 166.00$ 235.00$ 156.00$ 177.00$ 237.00$ 164.00$ 123.00$ 149.00$ 207.00$ 147.00$ 118.00$ 168.00$ 237.00$ 139.00$ 123.00$ 180.00$ 139.00$ 237.00$ 159.00$ 250.00$
Grand Total Direct Labor Costs 3,612.00$ 23,700.00$ 31,040.00$ 128,269.00$ 46,464.00$ 15,908.00$ 20,178.00$ 6,474.00$ 1,880.00$ 8,736.00$ 12,744.00$ 4,740.00$ 4,920.00$ 12,792.00$ 2,086.00$ 2,277.00$ 588.00$ 7,552.00$ 3,864.00$ 474.00$ 6,811.00$ 3,936.00$ 9,000.00$ 18,626.00$ 3,792.00$ 5,883.00$ 19,000.00$ 405,346.00$
Reimbursable Expenses -
Permit Fees:
NPDES 400.00$
MnDNR Permit 400.00$
MnDOT Right-of-Way 250.00$
Materials Testing 14,000.00$
Ownership and Encumbrance Reports 750.00$
Appraisals - Valbridge 6,500.00$
Appraisal Review - Foster Appraisals 1,100.00$
Subtotal Expenses 23,400.00$
Total Fee (Hourly estimated fee) 428,746.00$
Assumptions Assumes 3 parcels on this project with fee, permanent and/or temporary easement acquisitions.
Right of Way negotiations will continue until the title and possession date. Any services requested beyond that date would be billed at our standard hourly rates shown above.
Eminent domain services include providing documentation to the City. If additional services are needed, the contract would be amended to include those services.
Assumes 16 weeks of active construction administration for 50 hours/week for construction inspection and materials testing. This is the level effort that is assumed to be needed to perform construction observation during active construction along with completing all paperwork and documentation necessary for use of Federal Funds.
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Attachment A: Project Location Map
Prior Lake, Minnesota
March 2023
TH 13
Existing trail connection to
middle schools
Planned future trail
segment along west
side of TH 13
CSAH 42 / Egan Dr
160th St
LOWER LOWER
PRIOR LAKEPRIOR LAKE
DOWNTOWN DOWNTOWN
PRIOR LAKEPRIOR LAKE
Existing Three Rivers Park
District Big Woods Regional TrailCSA
H
2
1
/
Eagle
C
r
e
e
k
A
v
e
Large commercial
developments on north end
of trail corridor
Existing trail
connection to high
school
150th St
LAKEFRONT LAKEFRONT
PARKPARK
PROPOSED TRAIL (CPF FUNDING REQUEST)
EXISTING TRAIL
PROPOSED TRAIL (FUTURE)
Number of Permits Declared Value Number of Permits Declared Value
Single Family Dwellings 7 $3,437,790.00 7 $3,169,373.00
Townhouses (# units)0 $0.00 0 $0.00
Multiple Units 0 $0.00 0 $0.00
New
Commercial Industrial & Commercial 1 $1,500,000.00 0 $0.00
Residential 120 $2,788,652.36 101 $2,136,888.56
Industrial & Commercial 1 $316,000.00 2 $637,739.00
Mechanical & Plumbing 85 $0.00 42 $0.00
Mechanical (SF&TH)28 $0.00 28 $0.00
TOTALS 242 $8,042,442.36 180 $5,944,000.56
Number of Permits Declared Value Number of Permits Declared Value
Single Family Dwellings 22 $10,470,645.00 21 $9,676,198.00
Townhouses (# units)0 $0.00 0 $0.00
Multiple Units 1 $28,733,056.00 0 $0.00
New
Commercial Industrial & Commercial 1 $1,500,000.00 0 $0.00
Residential 280 $8,085,884.03 209 $3,697,595.61
Industrial & Commercial 6 $2,033,748.00 11 $703,739.00
Mechanical & Plumbing 306 $0.00 184 $0.00
Mechanical (SF & TH)88 $0.00 84 $0.00
TOTALS 704 $50,823,333.03 509 $14,077,532.61
Summary of Fees Collected APRIL 2024 APRIL 2023 YTD 2024 YTD 2023
General Fund $79,837.79 $76,471.09 $518,232.13 $206,669.37
Trunk Reserve Fund $14,490.00 $14,385.00 $457,470.00 $36,945.00
Water Storage Fund $0.00 $0.00 $0.00
Water and Sewer Fund $5,490.00 $7,070.00 $25,674.51 $20,330.00
Metro Council SAC $17,395.00 $17,395.00 $549,185.00 $44,730.00
State Surcharge $2,549.93 $2,335.54 $10,867.08 $6,244.10
Builders Fees and Deposits $16,700.00 $20,200.00 $59,800.00 $60,237.50
TOTAL $136,462.72 $137,856.63 $1,621,228.72 $375,155.97
Beverly Alexander
Beverly Alexander, Development Services Assistant
CITY OF PRIOR LAKE
BUILDING PERMIT SUMMARY
APRIL 1, 2024 - APRIL 30, 2024
New
Residential
APRIL 2024 APRIL 2023
2024 YEAR TO DATE 2023 YEAR TO DATE
New
Residential
Additions
and
Alterations
Additions
and
Alterations
Mechanical permits include but are not limited to furnaces, water heaters, softeners, and fireplaces. They are flat-rate permit fees.
Mechanical (SF & TH) permits include required plumbing, heating, sewer and water and fireplace permits for new single family
residences. They are flat-rate permit fees.