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HomeMy WebLinkAbout01(B) - 2025-2029 Capital Improvement Program Draft ReportCITY OF PRIOR LAKE Revolving Equip Fund F410 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Preliminary Budget Projected Projected Projected Projected Projected Projected Projected Projected Projected REVENUE AND OTHER SOURCES Taxes 875,000 925,000 975,000 1,075,000 1,145,000 1,195,000 1,245,000 1,295,000 1,345,000 1,345,000 Charges for services - 56,000 56,000 56,000 56,000 56,000 56,000 56,000 56,000 56,000 Investment income 12,716 55,778 40,152 27,333 23,525 28,329 35,106 34,134 45,117 51,019 Bonds issued (incl prem/disc) city portion 3,605,000 - - - - 1,545,000 - - - - Transfers in Water Fund (F601) 162,450 - - - - - 31,667 - - - Water Quality Fund (F602 125,000 - - 141,250 - - - - - - Sewer Fund (F604) 162,450 - - - - - 31,667 - - - Total Revenues and Other Fund Sources 4,942,616 1,036,778 1,071,152 1,299,583 1,224,525 2,824,329 1,399,440 1,385,134 1,446,117 1,452,019 EXPENDITURES AND OTHER USES Capital Outlay (2,443,740) (1,818,100) (1,712,100) (1,490,000) (984,300) (2,440,500) (1,448,000) (836,000) (1,151,000) (1,245,000) Cost of issuance of bonds (105,000) - - - - (45,000) - - - - Total Expenditures and Other Uses (2,548,740) (1,818,100) (1,712,100) (1,490,000) (984,300) (2,485,500) (1,448,000) (836,000) (1,151,000) (1,245,000) CHANGE IN FUND BALANCE 2,393,876 (781,322) (640,948) (190,417) 240,225 338,829 (48,560) 549,134 295,117 207,019 Beginning Fund Balance 395,039 2,788,915 2,007,594 1,366,645 1,176,228 1,416,453 1,755,282 1,706,722 2,255,856 2,550,973 Ending Fund Balance 2,788,915 2,007,594 1,366,645 1,176,228 1,416,453 1,755,282 1,706,722 2,255,856 2,550,973 2,757,993 Produced Using Plan-It CIP Software Page 1/2 2025 through 2034 Communications and IT F101 Prior Lake, MN Projects by Category And Department Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Cable Equipment: Audio/Visual Webstreaming - Control Room *COMM-002 12,400 12,600 25,000 Tightrope FlexLite 340 - Control Room *COMM-001 11,650 11,650 Chambers Presentation - Chambers *COMM-003 52,400 52,400 Control Room Production - Control Room *COMM-004 62,000 62,000 Chamber Audio - Chambers *COMM-005 8,000 8,000 Equipment: Audio/Visual Total 24,050 52,400 62,000 8,000 0 12,600 0 0 0 0 159,050 Cable Total 24,050 52,400 62,000 8,000 0 12,600 0 0 0 0 159,050 Technology I.T.- General Equipment Ricoh MP C4504 - Admin *TECH-EQ-005 10,600 10,600 Ricoh MP C3504 - Police *TECH-EQ-007 9,500 9,500 Marco Phone Upgrade *TECH-EQ-012 60,000 60,000 Ricoh MP C2504 *TECH-EQ-008 6,000 6,000 Council Chambers: HD Cameras,SW,Scheduler,Etc. *TECH-EQ-008A 77,000 77,000 Ricoh IMC2500 P&R *TECH-EQ-004 6,200 6,200 Produced Using Plan-It CIP Software Page 2/2 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Council Chambers: Audio System *TECH-EQ-005A 17,000 17,000 Ricoh MP C4503 - CD/Eng *TECH-EQ-003 11,000 11,000 HP DesignJet T1500 - CD/Eng *TECH-EQ-009 10,000 10,000 I.T.- General Equipment Total 20,100 66,000 0 83,200 17,000 0 21,000 0 0 0 207,300 I.T.- Network Infrastructure Dell SAN *TECH-NW-008 36,000 36,000 HP Proliant DL380 ESX01 *TECH-NW-006 15,000 15,000 HP Proliant DL380 ESX02 *TECH-NW-007 15,000 15,000 HP Procurve 5406 CH Switch *TECH-NW-009 20,000 20,000 General Equipment Contingency *TECH-EQ-001 25,000 25,000 25,000 75,000 I.T.- Network Infrastructure Total 0 66,000 0 0 0 20,000 0 25,000 25,000 25,000 161,000 Technology Total 20,100 132,000 0 83,200 17,000 20,000 21,000 25,000 25,000 25,000 368,300 GRAND TOTAL 44,150 184,400 62,000 91,200 17,000 32,600 21,000 25,000 25,000 25,000 527,350 Water Fund Summary of Key Financial Information Water Fund 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Cash by Purpose For future capital improvements 6,989,463 4,707,305 5,136,209 4,354,509 5,257,882 6,193,006 6,055,085 8,376,763 9,038,342 10,630,104 For following year pay-go capital 328,300 3,500,000 1,405,000 2,679,500 1,324,000 1,435,500 2,669,500 1,017,000 394,500 2,330,000 For 3-months of operating cash 854,764 882,256 870,197 889,597 907,037 930,619 957,454 990,984 1,510,731 1,101,722 For following year debt service 789,000 791,950 801,700 810,450 645,350 652,650 659,200 - - - Ending Cash 8,961,526 9,881,510 8,213,106 8,734,056 8,134,269 9,211,774 10,341,240 10,384,748 10,943,574 14,061,826 High Volume Customer (78,000 gallons)4.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0% Medium Volume Customer (18,000 gallons)4.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0% Low Volume Customer (8,000 gallons)4.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0% Average Annual % Change in Water Bill for Billing Period Water Fund Capital Improvement Plan Water Fund Project Description 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Capital Outlay Transportation Plan 166,937 25,800 1,150,000 650,000 2,025,000 1,060,000 1,200,000 2,350,000 672,000 - Meter Replacement Program - Software Upgrade - - 105,000 105,000 105,000 105,000 105,000 - - - Wells 55,000 57,500 60,000 50,000 52,000 65,000 65,000 67,500 140,000 72,500 Misc projects 20,000 15,000 75,000 - 10,000 7,500 20,000 - 30,000 35,000 Current Year Projects - Facilities 40,500 150,000 - 300,000 487,500 61,500 - - - - Water Storage & Tower Reconditioning - - 1,810,000 - - - - 12,000 - 12,000 Current year projects - Equipment 50,000 60,000 300,000 300,000 - - 20,500 215,000 175,000 275,000 WTF Rehabs & Equipment 20,000 20,000 - - - 25,000 25,000 25,000 - - Total Capital Outlay 352,437 328,300 3,500,000 1,405,000 2,679,500 1,324,000 1,435,500 2,669,500 1,017,000 394,500 Source of Funds Bond proceeds - - - - - - - - - - Current revenue / use of cash in fund 352,437 328,300 3,500,000 1,405,000 2,679,500 1,324,000 1,435,500 2,669,500 1,017,000 394,500 Total Source of Funds 352,437 328,300 3,500,000 1,405,000 2,679,500 1,324,000 1,435,500 2,669,500 1,017,000 394,500 Sewer Fund Summary of Key Financial Information Sewer Fund 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Cash by Purpose For future capital improvements 753,870 (62,754) 28,308 2,200,815 2,153,640 602,757 2,720,005 4,240,905 3,565,186 3,380,020 For following year pay-go capital 1,603,500 2,495,000 2,104,000 - 3,301,000 3,694,500 - 2,998,000 - 3,318,650 For 3-months of operating cash 978,008 1,042,652 1,062,835 1,117,120 1,209,602 1,236,004 1,304,314 1,431,825 1,950,932 1,638,980 For following year debt service 164,250 162,500 165,500 168,000 456,104 371,563 369,625 979,485 861,750 1,407,402 Ending Cash 3,499,628 3,637,398 3,360,643 3,485,934 7,120,346 5,904,824 4,393,943 9,650,216 6,377,868 9,745,052 High Volume Customer (47,000 gallons)5.4%11.9%8.4%2.9%3.0%3.0%3.1%3.1%3.2%3.3% Medium Volume Customer (12,000 gallons)5.4%11.6%8.3%3.0%3.1%3.2%3.2%3.3%3.3%3.4% Low Volume Customer (7,000 gallons)5.4%12.1%8.5%2.8%2.8%2.9%3.0%3.0%3.1%3.1% Average Annual % Increase for Fees and Charges Sewer Fund Capital Improvement Plan Sewer Fund Project Description 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Capital Outlay Transportation Plan 461,903 65,000 1,020,000 700,000 1,890,000 1,600,000 1,375,000 2,540,000 765,000 - Sewer Lining - Inflow/Infiltration Prevention 1,500,000 454,500 468,000 482,000 496,000 511,000 526,000 542,000 558,000 575,000 Lift Station Rehabilitation 440,000 909,000 412,000 327,000 429,000 345,000 538,000 366,000 375,000 256,000 Technology Plan - - 595,000 595,000 595,000 595,000 595,000 - - - Generator/Equipment - 175,000 - - 225,000 250,000 660,500 85,000 - 60,000 Total Capital Outlay 2,401,903 1,603,500 2,495,000 2,104,000 3,635,000 3,301,000 3,694,500 3,533,000 2,998,000 4,191,000 Source of Funds Bond Proceeds - - - - 5,150,000 - - 6,815,000 - 6,178,730 Current revenue / use of cash in fund 2,401,903 1,603,500 2,495,000 2,104,000 (1,515,000) 3,301,000 3,694,500 (3,282,000) 2,998,000 (1,987,730) Total Source of Funds 2,401,903 1,603,500 2,495,000 2,104,000 3,635,000 3,301,000 3,694,500 3,533,000 2,998,000 4,191,000 Stormwater Fund Summary of Key Financial Information Stormwater Fund 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Cash by Purpose For future capital improvements 609,920 472,950 867,794 1,273,550 1,240,985 1,589,189 1,496,914 1,927,971 3,501,227 4,555,404 For following year pay-go capital 1,175,000 1,095,000 800,000 808,000 1,136,000 1,039,000 1,512,000 1,067,000 - 1,419,000 For 3-months of operating cash 195,278 232,214 206,592 212,387 253,664 224,494 230,818 237,329 244,034 261,505 For following year debt service 112,683 89,813 88,125 91,438 89,563 87,688 90,813 88,750 86,688 219,115 Ending Cash 2,092,881 1,889,976 1,962,511 2,385,374 2,720,212 2,940,371 3,330,545 3,321,050 3,831,948 6,455,024 Per Residential Equivalent Unit 12.0%30.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0%3.0% Average Annual % Increase for Fees and Charges Stormwater Fund Capital Improvement Plan Stormwater Fund Project Description 2024 (estimate)2025 2026 2027 2028 2029 2030 2031 2032 2033 Capital Outlay Transportation Plan 239,601 630,000 693,000 360,000 350,000 620,000 555,000 870,000 416,000 - Pond Maintenance & Retrofit 206,000 212,000 218,000 225,000 232,000 239,000 246,000 253,000 261,000 269,000 Stormwater Improvements 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 Stormwater Pond Planning 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 Prior Lake Outlet Channel (PLOC) Lining Project 260,000 - - - - - - - - - Misc projects 110,000 150,000 - 30,000 40,000 40,000 - - - - Regional Water Quality Pond Project 950,000 - - - - - - - - - Total Capital Outlay 1,947,601 1,175,000 1,095,000 800,000 808,000 1,136,000 1,039,000 1,512,000 1,067,000 460,000 Source of Funds Bond Proceeds - - - - - - - - - 1,461,270 Current revenue / use of cash in fund 1,947,601 1,175,000 1,095,000 800,000 808,000 1,136,000 1,039,000 1,512,000 1,067,000 (1,001,270) Total Source of Funds 1,947,601 1,175,000 1,095,000 800,000 808,000 1,136,000 1,039,000 1,512,000 1,067,000 460,000 Produced Using Plan-It CIP Software Page 1/11 2025 through 2034 Equipment Replacement F410 Prior Lake, MN Projects by Category And Department Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Building Inspection Equipment: Pick Ups/Vans Truck 1/2 Ton *6398 50,000 50,000 1/2 Ton Pickup *6394 50,000 50,000 Pickup 1/2 Ton *6395 50,000 50,000 Equipment: Pick Ups/Vans Total 0 0 0 0 0 50,000 100,000 0 0 0 150,000 Building Inspection Total 0 0 0 0 0 50,000 100,000 0 0 0 150,000 Produced Using Plan-It CIP Software Page 2/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Central Garage Equipment: Miscellaneous Refurbishing *REFUR 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 180,000 Fuel Island Pedestal and Software *9900 20,000 20,000 Welder *8920 10,500 10,500 Plasma Cutter *8921 4,500 4,500 Equipment: Miscellaneous Total 20,000 20,000 20,000 20,000 20,000 55,000 20,000 20,000 20,000 0 215,000 Central Garage Total 20,000 20,000 20,000 20,000 20,000 55,000 20,000 20,000 20,000 0 215,000 Elections I.T.- General Equipment Tabulators - qty 2 *ELEC-002 20,000 20,000 I.T.- General Equipment Total 0 0 20,000 0 0 0 0 0 0 0 20,000 Elections Total 0 0 20,000 0 0 0 0 0 0 0 20,000 Engineering Equipment: Pick Ups/Vans Truck-1 Ton *6399 55,000 55,000 Equipment: Pick Ups/Vans Total 0 0 0 0 55,000 0 0 0 0 0 55,000 Engineering Total 0 0 0 0 55,000 0 0 0 0 0 55,000 Produced Using Plan-It CIP Software Page 3/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Fire Equipment: Apparatus Fire Ladder Truck *9280 1,369,540 1,369,540 Fire Truck Pumper *9222 1,000,000 1,000,000 Fire Truck Heavy Rescue (Refurbish)*9216 0 0 Equipment: Apparatus Total 1,369,540 0 0 0 0 1,000,000 0 0 0 0 2,369,540 Equipment: First Response Chief 1 Explorer *9200 55,000 55,000 1/2 Ton Crew Cab - Chief 2 Tahoe *9201 45,000 45,000 Chief 4 F150 *9202 0 0 Equipment: First Response Total 0 55,000 0 0 0 0 0 0 0 45,000 100,000 Equipment: Other UTV *9275 47,000 47,000 Fire Radios *FD-RADIOS 67,500 67,500 Equipment: Other Total 0 0 47,000 0 0 67,500 0 0 0 0 114,500 Fire Total 1,369,540 55,000 47,000 0 0 1,067,500 0 0 0 45,000 2,584,040 Parks Equipment: Attachments Skid Steer U-Blade *8260 1,600 1,600 Produced Using Plan-It CIP Software Page 4/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Disc *8266 0 0 Skid Steer Snow Bucket *8256 0 0 Skid Steer Snow Bucket *8257 0 0 Stump Grinder *8272 12,000 0 12,000 Aerovator Seeder *8269 15,000 15,000 Tractor Snow Blower *8270 13,000 13,000 Tiller *8268 9,000 9,000 Fertilizer Spreader *8267 8,500 8,500 Aerovator *8265 16,000 16,000 Landpride Drop Seeder *8264 16,000 16,000 Top Dresser *8273 20,000 20,000 Trail Blower *8278 7,500 7,500 Skid Steer Combo Plane *8279 5,000 5,000 Aerator *8262 9,000 9,000 Equipment: Attachments Total 1,600 0 12,000 45,500 32,000 32,500 9,000 0 0 0 132,600 Equipment: Loaders/Skid Steers Skid Steer - Tracks *8502 75,000 80,000 155,000 Forklift *8558 17,000 17,000 Skid Steer - Wheels *8501 74,000 80,000 154,000 Equipment: Loaders/Skid Steers Total 0 0 92,000 74,000 0 0 0 0 80,000 80,000 326,000 Equipment: Pick Ups/Vans Truck 1 Ton Dump *8546 120,000 120,000 Truck 1 Ton Dump *8547 120,000 120,000 Produced Using Plan-It CIP Software Page 5/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Truck-1 Ton *8548 90,000 90,000 Truck-1 Ton *8540 58,000 58,000 Truck 1/2 Ton - Sanitation *8508 45,000 45,000 Pickup 1/2 Ton *8541 50,000 50,000 Pick-Up 1/2 Ton *8319 50,000 50,000 Truck-1 Ton *8543 0 0 Truck-1/4 Ton *8542 55,000 55,000 Truck-1 Ton *8544 80,000 80,000 Equipment: Pick Ups/Vans Total 0 388,000 45,000 0 100,000 0 0 0 55,000 80,000 668,000 Equipment: Trailers Trailer-Small Enclosed *8529 3,000 3,000 Trailer-Small *8530 6,000 6,000 Trailer-Small *8554 8,000 8,000 Trailer *8531 17,500 17,500 Trailer *8532 22,000 22,000 Equipment: Trailers Total 0 0 3,000 6,000 0 8,000 17,500 0 22,000 0 56,500 Equipment: Tree Care Woodchipper *8510 95,000 95,000 Equipment: Tree Care Total 0 0 0 0 0 0 0 0 0 95,000 95,000 Equipment: Turf Care Utility Vehicle-Field Groomer *8537 34,000 34,000 Utility Vehicle *8539 34,000 34,000 Mower-16FT *8504 155,000 155,000 Produced Using Plan-It CIP Software Page 6/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Utility Vehicle *8536 35,000 35,000 Utility Vehicle-Water Tank *8538 31,500 31,500 Mower-6FT *8523 50,000 50,000 Mower Walk Behind *8511 4,500 4,500 Tractor *8505 145,000 145,000 Mower-6FT *8524 60,000 60,000 Mower-6FT *8525 60,000 60,000 Mower-6FT *8526 60,000 60,000 Sod Cutter *8512 6,000 6,000 Mower-6 FT *8522 50,000 50,000 Sidewalk Plow *8513 165,000 165,000 Utility Vehicle-Striper *8535 80,000 80,000 Tractor w Pull Behind Mower *8503 175,000 175,000 Equipment: Turf Care Total 34,000 34,000 221,500 50,000 4,500 0 331,000 50,000 245,000 175,000 1,145,000 Equipment: Utility Equp. Electric Scissor Lift *8551 20,000 20,000 Equipment: Utility Equp. Total 0 0 20,000 0 0 0 0 0 0 0 20,000 Parks Total 35,600 422,000 393,500 175,500 136,500 40,500 357,500 50,000 402,000 430,000 2,443,100 Police Equipment: Emerg. Sirens Produced Using Plan-It CIP Software Page 7/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total 2005 Siren@14998 Wilds Pkwy NW *PD-Siren13 46,600 46,600 2006 Siren@1546 Belmont Ave NW *PD-Siren14 46,600 46,600 2007 Siren@1500 Spring Lake Cir., Jordan *PD-Siren15 46,600 46,600 Equipment: Emerg. Sirens Total 46,600 46,600 46,600 0 0 0 0 0 0 0 139,800 Equipment: Other Speed Sign Trailer *7200 12,000 12,000 Equipment: Other Total 0 0 0 0 12,000 0 0 0 0 0 12,000 Equipment: Squads Squads-Marked *Multiple 3 260,000 284,000 308,000 332,000 1,184,000 Squads-Marked *Multiple 1 268,000 292,000 316,000 876,000 PD Admin *7135 50,000 50,000 Squads-Marked *Multiple 2 276,000 300,000 324,000 900,000 Squad New *7116 69,000 69,000 Chief *7131 55,000 55,000 SWAT Van *7133 55,000 55,000 Commander *7136 50,000 50,000 Commander *7132 52,000 52,000 Drug Task Force Car *7298 45,000 45,000 Investigator *7134 40,000 40,000 Investigator *7137 55,000 55,000 CSO Truck *7130 42,000 42,000 Polaris XP 1000 Crew *7138 42,000 42,000 Evidence Tech *7139 55,000 55,000 Produced Using Plan-It CIP Software Page 8/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Equipment: Squads Total 260,000 318,000 345,000 394,000 342,000 437,000 447,000 316,000 324,000 387,000 3,570,000 Police Total 306,600 364,600 391,600 394,000 354,000 437,000 447,000 316,000 324,000 387,000 3,721,800 Streets Equipment: Attachments Skid Steer Trailer Mover *8254 0 0 Skid Steer Manhole Cutter *8261 27,500 27,500 Message Board *8275 14,500 14,500 Skid Steer Jack Hammer *8280 10,000 10,000 Skid Steer Box Broom *8255 8,000 8,000 Skid Steer Rock Bucket *8251 2,500 2,500 2016 Skid Steer Post Hole Auger *8252 1,000 1,000 Sign Board *8426 25,000 25,000 Skid Steer Asphalt Mill *8258 38,000 38,000 Equipment: Attachments Total 0 0 27,500 0 14,500 20,500 1,000 0 25,000 38,000 126,500 Equipment: Dump Trucks Truck-5 Ton-Dump-Single Axle *8466 120,000 190,000 310,000 Truck-9 Ton-Dump-Tandem *8464 150,000 210,000 360,000 Truck-5 Ton-Dump-Single Axle *8467 130,000 200,000 330,000 Truck-5 Ton-Dump *8468 135,000 220,000 355,000 Produced Using Plan-It CIP Software Page 9/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Truck-5 Ton-Dump *8469 135,000 220,000 355,000 Hook Truck *8521 180,000 230,000 410,000 Truck-9 Ton Dump Tandem *8465 180,000 230,000 410,000 Truck 5 Ton Dump Single Axle *8518 160,000 250,000 410,000 Truck 9 Ton Dump Tandem Axle *8519 200,000 250,000 450,000 Truck 5 Ton Dump *8470 170,000 170,000 Equipment: Dump Trucks Total 120,000 470,000 680,000 440,000 360,000 460,000 160,000 450,000 250,000 170,000 3,560,000 Equipment: Emergency Power Generator - PD *GEN-PD 125,000 125,000 Generator - MC *GEN-MC 130,000 130,000 Generator - FS2 *GEN-FS2 130,000 130,000 Standby Generator - CH *GEN-CH 150,000 150,000 Equipment: Emergency Power Total 0 125,000 0 0 0 0 130,000 0 130,000 150,000 535,000 Equipment: Loaders/Skid Steers Loader-Backhoe *8785 177,000 177,000 Skid Steer *8781 100,000 95,000 195,000 Loader Wheel *8789 350,000 350,000 Equipment: Loaders/Skid Steers Total 277,000 350,000 0 0 0 0 95,000 0 0 0 722,000 Equipment: Miscellaneous Produced Using Plan-It CIP Software Page 10/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Pressure Washer - Wash Bay *8000 7,500 7,500 Pressure Washer - Portable *8001 7,500 7,500 Equipment: Miscellaneous Total 0 0 7,500 0 0 0 7,500 0 0 0 15,000 Equipment: Pick Ups/Vans Truck-1.5 Ton-Dump *8452 125,000 125,000 Pickup 1.5 Ton Dump New *8550 130,000 130,000 Truck 1 Ton - Signs *8450 160,000 160,000 Truck 1.5 Ton Dump *8459 150,000 150,000 F350 Super Cab 4X4 *8494 65,000 65,000 Truck-1 Ton *8453 65,000 65,000 Equipment: Pick Ups/Vans Total 0 0 125,000 130,000 0 310,000 130,000 0 0 0 695,000 Equipment: Street/Sidewalk Street Sweeper-Mechanical *8472 315,000 315,000 Street Sweeper-Regenerative *8471 282,500 282,500 Hot Patcher *8429 48,000 48,000 Asphalt Roller *8474 28,800 28,800 Equipment: Street/Sidewalk Total 315,000 0 0 330,500 28,800 0 0 0 0 0 674,300 Equipment: Trailers Trailer *8479 11,500 11,500 Produced Using Plan-It CIP Software Page 11/11 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Trailer *8482 15,500 15,500 Trailer *8480 25,000 25,000 Equipment: Trailers Total 0 11,500 0 0 15,500 0 0 0 0 25,000 52,000 Streets Total 712,000 956,500 840,000 900,500 418,800 790,500 523,500 450,000 405,000 383,000 6,379,800 GRAND TOTAL 2,443,740 1,818,100 1,712,100 1,490,000 984,300 2,440,500 1,448,000 836,000 1,151,000 1,245,000 15,568,740 CITY OF PRIOR LAKE Capital Park Fund F225 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Preliminary Budget Projected Projected Projected Projected Projected Projected Projected Projected Projected REVENUE AND OTHER SOURCES Intergovernmental 1,000,000 1,000,000 - - - - - - - - Charges for services 300,000 375,000 468,750 468,750 468,750 468,750 468,750 468,750 468,750 468,750 Lease income 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 24,000 Investment income 33,274 9,739 5,914 15,887 26,060 25,436 35,800 46,371 57,153 57,152 Total Revenues and Other Fund Sources 1,357,274 1,408,739 498,664 508,637 518,810 518,186 528,550 539,121 549,903 549,902 EXPENDITURES AND OTHER USES Capital Outlay (2,500,000) (1,600,000) - - (550,000) - - - (550,000) - Total Expenditures and Other Uses (2,500,000) (1,600,000) - - (550,000) - - - (550,000) - CHANGE IN FUND BALANCE (1,142,726) (191,261) 498,664 508,637 (31,190) 518,186 528,550 539,121 (97) 549,902 Beginning Fund Balance 1,629,692 486,966 295,706 794,370 1,303,007 1,271,817 1,790,004 2,318,554 2,857,675 2,857,578 Ending Fund Balance 486,966 295,706 794,370 1,303,007 1,271,817 1,790,004 2,318,554 2,857,675 2,857,578 3,407,480 CITY OF PRIOR LAKE Revolving Park Equip Fund F430 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Preliminary Budget Projected Projected Projected Projected Projected Projected Projected Projected Projected REVENUE AND OTHER SOURCES Taxes 535,000 595,000 655,000 705,000 755,000 805,000 855,000 905,000 955,000 955,000 Investment income 29,063 11,409 12,538 19,268 11,914 20,712 31,556 43,687 57,021 72,262 Bonds issued (incl prem/disc) city portion 1,030,000 - - 2,575,000 - - - - - - Total Revenues and Other Fund Sources 1,594,063 606,409 667,538 3,299,268 766,914 825,712 886,556 948,687 1,012,021 1,027,262 EXPENDITURES AND OTHER USES Capital Outlay (1,030,000) (550,000) (331,000) (3,592,000) (327,000) (283,500) (280,000) (282,000) (250,000) (2,085,000) Cost of issuance of bonds - - - (75,000) - - - - - - Transfers out to other funds (920,000) - - - - - - - - - Total Expenditures and Other Uses (1,950,000) (550,000) (331,000) (3,667,000) (327,000) (283,500) (280,000) (282,000) (250,000) (2,085,000) CHANGE IN FUND BALANCE (355,937) 56,409 336,538 (367,732) 439,914 542,212 606,556 666,687 762,021 (1,057,738) Beginning Fund Balance 926,410 570,473 626,883 963,420 595,689 1,035,603 1,577,815 2,184,371 2,851,058 3,613,079 Ending Fund Balance 570,473 626,883 963,420 595,689 1,035,603 1,577,815 2,184,371 2,851,058 3,613,079 2,555,341 Produced Using Plan-It CIP Software Page 1/2 2025 through 2034 Park Projects F225 and F430 Prior Lake, MN Projects by Category And Department Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Parks: Projects New Park Development TH 13 Trail Segment 1 (CR42 to Oakland)*PRK24-000001 2,500,000 2,500,000 TH 13 Trail Segment 2 *PRK26-000001 1,600,000 1,600,000 Future Neighborhood Park Development *225-001 550,000 550,000 1,100,000 New Park Development Total 2,500,000 1,600,000 0 0 550,000 0 0 0 550,000 0 5,200,000 Park Replacement Ponds Park Ph II *PRK25-000001 1,000,000 1,000,000 Ryan BB Court Maintenance *430-036 30,000 32,000 62,000 Misc Playground *PLAY 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 2,250,000 Memorial Parking Lots (2)*430-039 250,000 250,000 Cardinal Ridge Parking Lot *430-044 45,000 45,000 Grainwood Crossing Parking Lot *430-045 5,000 5,000 Crystal Lake Fishing Pier *430-049 22,000 22,000 Enclave BB Court Maintenance *430-050 15,000 20,000 35,000 Howard Lake BB Court Maintenance *430-051 15,000 20,000 35,000 Memorial Drinking Fountain *430-052 12,000 12,000 Woodridge Ballfield *430-054 10,000 10,000 Memorial Windscreen *430-025 7,000 7,000 Produced Using Plan-It CIP Software Page 2/2 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Ponds Parking Lots (4), Entrance Road *430-069 2,500,000 2,500,000 Memorial Backstop, Batters Eye, Cages, Dugouts *430-056 265,000 265,000 Memorial Concession Building *430-057 250,000 250,000 Ryan Backstop, Batters Eye, Cages, Dugouts *430-059 145,000 145,000 Sand Point Beach Renovation Study *430-030 100,000 100,000 Spring Lake Pickleball Courts *430-060 40,000 40,000 Memorial BB Court Maintenance *430-004 22,000 22,000 Knob Hill BB Court Maintenance *430-001 20,000 20,000 Oakland BB Court Maintenance *430-007 22,000 22,000 Boudins BB Court Maintenance *430-006 20,000 20,000 Willows BB Court Maintenance *430-011 20,000 20,000 Wilds North BB Court Maintenance *430-010 15,000 15,000 Northwood Meadows BB Court Maintenance *430-047 15,000 15,000 Sand Point BB Court Maintenance *430-027 10,000 10,000 Watzls Lighting *430-063 8,500 8,500 Wilds BB Court Maintenance *430-048 20,000 20,000 Timbercrest BB Court Maintenance *430-037 10,000 10,000 Horkey Bridge / Boardwalk *225-004 1,630,000 1,630,000 Five Hawks Bridge / Boardwalk *225-005 165,000 165,000 Park Replacement Total 1,030,000 550,000 331,000 3,592,000 327,000 283,500 280,000 282,000 250,000 2,085,000 9,010,500 Parks: Projects Total 3,530,000 2,150,000 331,000 3,592,000 877,000 283,500 280,000 282,000 800,000 2,085,000 14,210,500 GRAND TOTAL 3,530,000 2,150,000 331,000 3,592,000 877,000 283,500 280,000 282,000 800,000 2,085,000 14,210,500 CITY OF PRIOR LAKE Facilities Mgmt Fund F440 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Preliminary Budget Projected Projected Projected Projected Projected Projected Projected Projected Projected REVENUE AND OTHER SOURCES Taxes 255,000 305,000 355,000 405,000 455,000 505,000 555,000 605,000 625,000 650,000 Intergovernmental 47,000 - - - - - - - - - Investment income 26,446 25,490 17,360 9,887 22,425 21,711 17,036 9,326 19,213 39,697 Bonds issued (incl prem/disc) city portion - - - 2,575,000 - - - 16,480,000 - - Bonds issued (incl prem/disc) assessment portion - - - - - - - - - - Transfers in Water Fund (F601) - 30,000 21,000 1,000 2,000 5,000 - 2,000,000 250,000 250,000 Sewer Fund (F604) - 30,000 21,000 1,000 2,000 5,000 - 2,000,000 250,000 250,000 Total Revenues and Other Fund Sources 328,446 390,490 414,360 2,991,887 481,425 536,711 572,036 21,094,326 1,144,213 1,189,697 EXPENDITURES AND OTHER USES Capital Outlay (898,500) (797,000) (788,000) (2,290,000) (517,100) (770,500) (957,500) (20,120,000) (120,000) (700,000) Cost of issuance of bonds - - - (75,000) - - - (480,000) - - Total Expenditures and Other Uses (898,500) (797,000) (788,000) (2,365,000) (517,100) (770,500) (957,500) (20,600,000) (120,000) (700,000) CHANGE IN FUND BALANCE (570,054) (406,510) (373,640) 626,887 (35,675) (233,789) (385,464) 494,326 1,024,213 489,697 Beginning Fund Balance 1,844,564 1,274,510 868,000 494,360 1,121,248 1,085,573 851,784 466,320 960,646 1,984,859 Ending Fund Balance 1,274,510 868,000 494,360 1,121,248 1,085,573 851,784 466,320 960,646 1,984,859 2,474,556 Produced Using Plan-It CIP Software Page 1/5 2025 through 2034 Facilities F440 Prior Lake, MN Projects by Category And Department Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Facilities Facil: City Hall Project Development for 2026 Imp *440-189 98,000 79,000 79,000 256,000 Membrane Roofing *440-017 255,500 255,500 Vav Boxes *440-032 393,000 393,000 Carpet *440-038 281,000 281,000 Chiller *440-095 171,500 171,500 Air Handler (2)*440-094 145,500 145,500 Bell and Gosset Pumps (2)*440-091 66,000 66,000 Brick Wallcovering / Cherrywood Paneling *440-088 25,000 25,000 Cabinet Unit Heater *440-092 23,500 23,500 Resiliant Flooring *440-089 23,000 23,000 Tile Walls *440-090 17,000 17,000 Coiling Doors *440-037 16,500 16,500 Greenheck Exhaust (2)*440-093 14,000 14,000 Glass Doors *440-034 12,000 12,000 Miscellaneous *440-096 6,500 6,500 Lighting Fixtures (interior/exterior)*440-097 279,000 279,000 Building Automation System *440-100 198,500 198,500 Produced Using Plan-It CIP Software Page 2/5 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Parking Lot / Sidewalks *440-098 58,500 58,500 Steel Door and Frames *440-099 3,000 3,000 Wall Coverings *440-008 70,000 70,000 Facil: City Hall Total 98,000 334,500 0 1,273,500 0 0 539,000 70,000 0 0 2,315,000 Facil: Fire Station #1 Rooftop Unit *440-031 147,500 147,500 Overhead Crane *440-199 0 0 Windows - Aluminum *440-084 70,000 70,000 Membrane Roofing *440-073 290,000 290,000 Rooftop Unit *440-072 171,000 171,000 Infrared Heaters *440-071 108,500 108,500 Trash Enclosure *440-122 3,500 3,500 Room Divider / Display Case *440-085 0 0 Facil: Fire Station #1 Total 147,500 0 0 0 70,000 573,000 0 0 0 0 790,500 Facil: Fire Station #2 Membrane Roofing *440-039 112,000 112,000 Make-Up Air Unit *440-125 60,000 60,000 Air Exchanger *440-124 20,000 20,000 Exhaust Fan (2)*440-123 15,000 15,000 Epoxy Flooring *440-059 82,000 82,000 Overhead Doors 14x14 *440-056 32,500 32,500 Carpet *440-012 30,000 30,000 Irrigation System *440-055 14,000 14,000 Miscellaneous *440-126 14,000 14,000 Pressure Washer (2 Stations)*440-057 11,500 11,500 Produced Using Plan-It CIP Software Page 3/5 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Gas Monitor (2)*440-127 15,000 15,000 Forced Air Furnace (3)*440-024 15,000 15,000 Overhead Crane *440-200 120,000 120,000 Facil: Fire Station #2 Total 0 112,000 95,000 184,000 0 15,000 15,000 0 120,000 0 541,000 Facil: Lakefront Pavilion Roof Replacement *440-196 100,000 100,000 HVAC System Replacement *440-197 50,000 50,000 Facil: Lakefront Pavilion Total 0 0 0 100,000 0 0 0 50,000 0 0 150,000 Facil: Library & Club Prior Parking Lots *440-026 300,000 300,000 HVAC Control System *440-052 131,500 131,500 Air Handling Unit - Trane *440-110 97,000 97,000 Windows - Aluminum *440-066 180,500 180,500 Carpet *440-112 86,000 86,000 Condensing Unit *440-064 75,000 75,000 Light Fixtures *440-065 63,000 63,000 Wall Coverings *440-113 10,500 10,500 Tile Walls *440-067 9,100 9,100 Restroom Exhaust Fan *440-111 5,500 5,500 Air Handling Unit - McQuay *440-114 109,500 109,500 Humidifiers (2)*440-115 18,000 18,000 Facil: Library & Club Prior Total 300,000 0 228,500 0 429,600 0 127,500 0 0 0 1,085,600 Facil: Maintenance Ctr. Hoists (In-Ground and Utility)*440-043 154,000 154,000 Produced Using Plan-It CIP Software Page 4/5 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Windows - Aluminum *440-041 51,500 51,500 Steel Doors and Frames *440-118 43,500 43,500 Skylights (3)*440-116 28,500 28,500 Miscellaneous *440-117 24,000 24,000 Room Divider *440-042 0 0 Concrete Floors *440-053 209,500 209,500 Electric Cabinet Unit Heater *440-119 5,500 5,500 Chain Link Fence *440-068 17,500 17,500 CO - CO2 Alert System *440-074 29,000 29,000 Double Steel Doors *440-120 18,500 18,500 Steel Door - Liquid Storage *440-121 0 0 Maintenance Center Expansion *440-186 20,000,000 700,000 20,700,000 Facil: Maintenance Ctr. Total 0 301,500 209,500 5,500 17,500 47,500 0 20,000,000 0 700,000 21,281,500 Facil: Police Station Parking / Safety Enhancements *440-087 300,000 300,000 Project Development for 2026 Imp *440-192 53,000 49,000 49,000 151,000 Carpet *440-185 120,000 120,000 Epoxy Flooring *440-107 85,000 85,000 Wall Coverings *440-191 50,000 50,000 Membrane Roofing *440-029 310,000 310,000 VAV Boxes *440-106 208,000 208,000 Air Handler - McQuay *440-104 79,000 79,000 Front Entry Security Update *440-101 40,000 40,000 Bell and Gosset Pump *440-102 19,000 19,000 Greenheck Exhaust (2)*440-103 14,000 14,000 Produced Using Plan-It CIP Software Page 5/5 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Overhead Coiling Door (2)*440-047 8,000 8,000 Boilers *440-075 135,000 135,000 Light Fixtures *440-045 140,000 140,000 Parking Lot / Sidewalks *440-108 87,000 87,000 Steel Doors and Frames *440-109 29,000 29,000 Locker Room Tile Walls *440-049 20,000 20,000 Facil: Police Station Total 353,000 49,000 255,000 727,000 0 135,000 276,000 0 0 0 1,795,000 Facilities Total 898,500 797,000 788,000 2,290,000 517,100 770,500 957,500 20,120,000 120,000 700,000 27,958,600 GRAND TOTAL 898,500 797,000 788,000 2,290,000 517,100 770,500 957,500 20,120,000 120,000 700,000 27,958,600 CITY OF PRIOR LAKE Pavement Management Plan (Street Overlay Fund 450 and Construction Fund 501) 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Preliminary Budget Projected Projected Projected Projected Projected Projected Projected Projected Projected REVENUE AND OTHER SOURCES Taxes - - - - 25,000 50,000 75,000 75,000 100,000 100,000 Franchise fees 1,105,000 1,115,000 1,125,000 1,137,000 1,152,000 1,167,000 1,182,000 1,197,000 1,213,000 1,213,000 Special assessments 298,642 264,550 340,927 294,185 283,466 44,688 43,092 41,496 91,200 142,272 Investment income 41,210 38,006 36,502 35,926 25,003 19,759 23,459 45,299 68,010 43,014 Bonds issued (incl prem/disc) city portion 3,418,200 5,340,089 3,234,618 733,029 2,677,328 2,403,645 5,147,849 5,007,833 315,000 6,606,090 Bonds issued (incl prem/disc) assessment portion 866,800 1,029,911 555,382 231,971 427,672 386,355 597,151 412,167 - 648,910 Transfers in Construction Fund (F501) 300,000 - - 350,000 - 300,000 1,182,000 1,197,000 1,213,000 1,213,000 Water Fund (F601) 25,800 1,150,000 650,000 2,025,000 1,060,000 1,200,000 2,350,000 672,000 - 2,060,000 Water Quality Fund (F602) 630,000 693,000 360,000 350,000 620,000 555,000 870,000 416,000 - 950,000 Sewer Fund (F604) 65,000 1,020,000 700,000 1,890,000 1,600,000 1,375,000 2,540,000 765,000 - 2,350,000 Revolving Park Equipment Fund (F430) 920,000 - - - - - - - - - Total Revenues and Other Fund Sources 7,670,652 10,650,556 7,002,430 7,047,111 7,870,469 7,501,447 14,010,551 9,828,795 3,000,210 15,326,286 EXPENDITURES AND OTHER USES Capital Outlay (6,659,800) (10,163,000) (6,540,000) (6,590,000) (7,445,000) (6,705,000) (11,340,000) (7,113,000) (3,026,000) (13,690,000) Cost of issuance of bonds (151,000) (185,000) (111,000) (29,000) (92,000) (82,000) (165,000) (160,000) (11,000) (213,000) Transfers out to other funds (300,000) - - (350,000) - (300,000) (1,182,000) (1,197,000) (1,213,000) (1,213,000) Transfers out to debt service funds (393,360) (377,745) (380,233) (624,302) (595,623) (229,448) (231,555) (223,278) - (77,652) Total Expenditures and Other Uses (7,504,160) (10,725,745) (7,031,233) (7,593,302) (8,132,623) (7,316,448) (12,918,555) (8,693,278) (4,250,000) (15,193,652) CHANGE IN FUND BALANCE 166,492 (75,189) (28,803) (546,191) (262,154) 185,000 1,091,996 1,135,518 (1,249,790) 132,634 Beginning Fund Balance 1,733,817 1,900,309 1,825,120 1,796,317 1,250,126 987,972 1,172,972 2,264,968 3,400,486 2,150,696 Ending Fund Balance 1,900,309 1,825,120 1,796,317 1,250,126 987,972 1,172,972 2,264,968 3,400,486 2,150,696 2,283,330 Produced Using Plan-It CIP Software Page 1/2 2025 through 2034 Pavement Mgmt Plan F450 and F501 Prior Lake, MN Projects by Category And Department Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Streets: Overlay Streets: Street Overlay Northwoods Phase 2 Mill and Overlay *PIR27-000001 990,000 990,000 Hickory Shores/Maple Glen Mill and Overlay *PIR33-000001 2,790,000 2,790,000 Cleary Lake Area Mill and Overlay *PIR33-000002 236,000 236,000 To Be Determined Mill and Overlay *PIR34-000001 2,000,000 2,000,000 Streets: Street Overlay Total 0 0 990,000 0 0 0 0 0 3,026,000 2,000,000 6,016,000 Streets: Overlay Total 0 0 990,000 0 0 0 0 0 3,026,000 2,000,000 6,016,000 Streets: Transportation Streets: City Jurisdiction Wilds Pkwy Reclamation *TRN25-000001 5,329,800 5,329,800 Martindale/Henning/Hickory Reclamation *TRN25-000003 1,030,000 1,030,000 Lords Street Bridge Rehab *TRN25-000002 300,000 300,000 Northwood Phase 1 *TRN26-000001 10,163,000 10,163,000 Northwood Phase 2 *TRN27-000001 5,350,000 5,350,000 CSAH 17 Expansion *TRN27-000002 200,000 200,000 Green Heights Area *TRN28-000001 6,590,000 6,590,000 Sunset Hills Area *TRN29-000001 7,445,000 7,445,000 Produced Using Plan-It CIP Software Page 2/2 Department Category Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total Raspberry Ridge Neighborhood *TRN30-000001 6,705,000 6,705,000 Lords Neighborhood *TRN31-000001 11,340,000 11,340,000 Village Lake/Tower *TRN32-000001 7,113,000 7,113,000 Blind Lake Area *TRN34-000001 11,690,000 11,690,000 Streets: City Jurisdiction Total 6,659,800 10,163,000 5,550,000 6,590,000 7,445,000 6,705,000 11,340,000 7,113,000 0 11,690,000 73,255,800 Streets: Transportation Total 6,659,800 10,163,000 5,550,000 6,590,000 7,445,000 6,705,000 11,340,000 7,113,000 0 11,690,000 73,255,800 GRAND TOTAL 6,659,800 10,163,000 6,540,000 6,590,000 7,445,000 6,705,000 11,340,000 7,113,000 3,026,000 13,690,000 79,271,800