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Home My WebLink About_05 12 2026 City Council Agenda Packet 4646 Dakota Street SE Prior Lake, MN 55372 City Council Meeting at City Hall Tuesday, May 12, 2026 City Council Work Session Agenda 6:00 p.m. 1. DISCUSSION ITEM(S) A. 2027 - 2031 Personnel Plan (30 Mins) B. Upper Prior Lake Water Ski Course (15 Mins) C. Emerging Issues (15 Mins) City Council Meeting Agenda 7:00 p.m. Reports included with this agenda can be found in the Document Center by clicking here or at https://www.priorlakemn.gov/ \\Doc Center\\City of Prior Lake\\City Council, Planning Commission and Advisory Committees\\City Council\\City Council Agenda Packets\\2026\\05 12 2026 1. CALL TO ORDER and PLEDGE OF ALLEGIANCE 2. PUBLIC FORUM The public forum is intended to afford the public an opportunity to address concerns to the City Council. The public forum will be no longer than 30 minutes in length and each presenter will have no more than five (5) minutes to speak. Topics of discussion are restricted to City governmental topics rather than private or political agendas. Topics may be addressed at the public forum that are on the agenda. However, topics that are the subject of a public hearing are best addressed at the public hearing, not at public forum. Therefore, topics may not be addressed at public forum if: (I) the topic has been the subject of a public hearing before the City Council or any City Advisory Committee and the Council has not acted on the topic; or (ii) if the topic is the subject of a public hearing for which notice has been published in the City’s official newspaper, or a continued public hearing or public information hearing before the City Council or any City Advisory Committee. During public forum, a member of the public may request that the City Council consider removing an item from the Consent Agenda following the procedure set forth in Section 401.5. The City Council may discuss but will not take formal action on public forum presentations. Matters that are the subject of pending litigation are not appropriate for the forum. 3. APPROVAL OF AGENDA 4. MINUTES A. Approval of the April 28, 2026 City Council Meeting Minutes 5. CONSENT AGENDA Those items on the Council Agenda which are considered routine or non-controversial are included as part of the Consent Agenda. Unless the Mayor or a council member specifically requests that an item on the Consent Agenda be removed and considered separately, items on the Consent Agenda are considered under one motion, second and vote. Any item removed from the consent agenda shall be placed on the council agenda under Items Removed Consent Agenda Items. A. Approval of Claims Listing B. Approval of Preliminary 1st Quarter 2026 Financial Reports C. Resolution Approving the 2026-2027 Liquor License Renewals D. Resolution Receiving the Quote and Awarding a Contract to Replace the Well 5 Motor Control Center (2026-20) E. Resolution Approving a Work Order for Fiber Permit Field Inspections (Comcast Phase 1) F. Resolution Approving a Combined Preliminary and Final Plat and Development Agreement for a Subdivision known as Prior Lake Revival G. Authorize City Manager to Identify a Real Estate Agent to Assist with the Disposal of City-Owned Property at 13995 Hidden Lake Trail NE H. Resolution Approving Part-Time Employee Participation in the Minnesota Public Employees Retirement Association 6. PRESENTATIONS A. Recognition of 2026 Prior Lake Community Academy Graduates B. Proclamation Declaring May ALS Awareness Month C. Proclamation Declaring Youth Appreciation Week 7. PUBLIC HEARINGS 8. OLD BUSINESS A. Accept Final Progress Report for 2023-2026 Strategic Plan 9. NEW BUSINESS 10. REMOVED CONSENT AGENDA ITEMS 11. COUNCILMEMBER LIAISON UPDATES / COUNCILMEMBER REPORTS 12. OTHER BUSINESS 13. ADJOURNMENT ITEM: 1A CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Lori Olson, Assistant City Manager PRESENTED BY: Lori Olson AGENDA ITEM: 2027 - 2031 Personnel Plan BACKGROUND: Similar to how the City plans its infrastructure, facility and fleet needs through the Capital Improvement Plan (CIP), the personnel plan is designed to address the staffing needs required to support the City’s anticipated growth and related service demands. This plan projects the service levels and related staffing needs for the City of Prior Lake through 2031 and will be revisited annually to adapt to the evolving needs and expectations of the community. Like other elements adopted as part of the CIP, the Personnel Plan is a planning document that will be reviewed annually in conjunction with the annual budget process. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 PERSONNEL PLAN 2027-2031 2027 – 2031 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 (72.2% of the total budget in 2026) which explains why planning for personnel is critical for long-range planning. This Plan projects the anticipated staffing requirements for the City of Prior Lake by 2031. 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. The decision on how/if the City will fund these positions will occur as part of the annual budgeting process in conjunction with other budget requests. The City Council will ultimately determine the addition and timing of additional employees through the adoption of the annual budget. BACKGROUND City staff provide essential services to 29,057 residents (2024 Met Council population estimate) over nineteen square miles, not including the recent annexation agreement with Spring Lake Township. 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 togethe r with the equipment, supplies and training necessary to execute their functions The City of Prior Lake currently operates with 125 employees. The majority (75%) of employees work in Public Works, Police Department, and Fire Department, most of whom are considered essential employees. The City also hires around fifty seasonal and temporary positions each year and employs 26 part-time, shift assigned firefighters/EMTs. 2027 – 2031 Personnel Plan / Page 3 PERSONNEL NEEDS THROUGH 2031 Below is an overview of the projected staffing needs to maintain current service levels through 2031. Several factors play into the number of employees requested in this plan, including the Police Department staffing study completed in 2024, the significant increase in Fire Department calls as the primary responder for medicals, and the approval of the new orderly annexation area in Spring Lake Township. 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. POSITIONS REQUESTED BY YEAR: 2027 2028 2029 2030 2031 - Administrative Assistant - Police Officer (2) - Comms Specialist (PT) - Firefighter/EMT (6) - Police Officer - PT Records Specialist to FT - PT Comms Specialist to FT - Police Officer - Facilities Maintenance TOTAL HEADCOUNT REQUESTED BY DEPARTMENT AND YEAR: Department 2027 2028 2029 2030 2031 Administration (9) 1 .62 - .38 - Community Development (10.8) - - - - - Finance (6.8) - - - - - Fire (15) - 6 - - - Police (42.42) 2 - 1.38 1 Public Works (41) - - - - 1 Total New: 3 6.62 1.38 1.38 1 Total City Headcount (125.02) 128.02 134.64 136.02 137.4 138.4 2027 – 2031 Personnel Plan / Page 4 DEPARTMENT PROFILES 2027 – 2031 Personnel Plan / Page 5 ADMINISTRATION *2027: Administrative/Utility Billing Assistant (1 FTE). Managing the front desk of City Hall and completing City Clerk-related tasks has become increasingly difficult for the Deputy City Clerk (DCC). First, new election mandates, like the addition of a primary election and expansion of early voting, have stretched elections management to over six months each election cycle. During elections, the DCC is frequently away from the front desk for a variety of elections-related reasons. This places the burden of answering the main phone and helping walk-in customers onto other staff who are then pulled away from their own duties. Second, the nature of the City’s front desk means constant interruption. Many DCC tasks, such as issuing solicitor permits, drafting minutes, and reviewing data requests, require the DCC’s full attention. Finally, the City needs to update and implement a formal records management and retention policy (database purging and organization, staff training, ongoing cleanup) to ensure compliance with state laws. This project and other process improvements, like online licensing and payment, have been put on the back burner due to time and staffing constraints. For these reasons and others, we request an Administrative Assistant position in 2027. The primary duties for this position include staffing the front desk of City Hall, greeting customers, answering phone calls, and routing City information inbox emails as well as providing executive support to the City Manager, which currently does not exist. In addition, this position will assist Utility Billing (UB) to enhance customer service, especially for walk-in customers, by looking up account information and processing payments when UB staff are unavailable. The Administrative Assistant would help prepare and mail letters related to the UB certification process and contact residents who are on the high consumption report, a task that UB performs only as time allows. At that time, the Administrative Assistant could then direct residents to the My360 portal and help them set up an account which could increase adoption rates, which would be a new service provided to our residents. *2028: Communications Specialist/Graphic Designer (.62 FTE). 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. With only one full-time communications employee, taking advantage of the multiple mediums to reach a broad spectrum of residents is a challenge. Examples of the array of options to reach residents include videos, social media content, press releases, news items, website updates, etc. Outreach efforts like the Citizen Engagement Committee (CEC), the Community Academy, and special events further consume communication resources. Additional support is needed to help manage these efforts with specific focus on the City’s website. As communication in general moves toward data visualization, creating graphics that translate City information and data into digestible, quick content helps relay complex information, engage residents and, ultimately, foster trust. Peer cities’ average 2.5 communications FTEs. If the needs of the City and the capacity of current employees to meet them support additional hours, this position could move to full-time in 2031. 2027 – 2031 Personnel Plan / Page 6 Total FTEs in 2026 – 9 Administration 2027 2028 2029 2030 2031 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 1* 1 IT Manager 1 1 1 1 1 Network Engineer 1 1 1 1 1 IT Specialist 1 1 1 1 1 Admin Assistant 1* 1 1 1 1 TOTAL: 10 10.62 10.62 11 11 2027 – 2031 Personnel Plan / Page 7 COMMUNITY DEVELOPMENT The department anticipates the retirement of two key staff members in the near future which will require replacement; however, no new personnel additions are anticipated through 2031. The last position added in Community Development was a full-time Building Inspector in 2021. The new Building Inspector position was necessary due to the increased demand for inspections, plan review, and permit issuance and the first two years’ salary was partially funded by a Department of Labor and Industry grant. 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. Code enforcement opens and closes over 500 cases per year and completes over 1,500 inspections. Current staffing levels should meet the demand for services for the near future. Total FTEs in 202 – 10.8 Community Development 2027 2028 2029 2030 2031 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 2027 – 2031 Personnel Plan / Page 8 FINANCE In late 2025, a new Finance Director was appointed by the City Manager due to the retirement of the City’s previous Director. This appointment provided an ideal time to assess the Finance Department’s structure, job functions, and needs and resulted in a re-organization of the Department, including the creation of new positions. The Assistant Finance Director position was eliminated and the duties dispersed to the new positions. Specifically, the Senior Financial Analyst/Senior Accountant was promoted to the new Accounting Manager position, and the former Accountant was promoted to the new Finance Supervisor role. The Accounting Manager supervises the Accountant position which allows for the alignment and oversight of accounting and audit functions. The Finance Supervisor now oversees Utility Billing, the special assessment process, and manages special projects. This reorganization provided not only opportunities for staff to remain and grow with the City but, also, right-sized the number of direct reports per supervisor, improved efficiency by streamlining financial processes under subject matter experts, and created more promotional paths for existing employees. *2027/2028: On August 22, 2024, the federal government released proposed rules related to the Financial Data Transparency Act (FDTA). This law mandates that certain data and financial information provided must be sent in a ‘structured data’ format after the rules are finalized (sometime in 2026 or thereafter). This unfunded mandate would require extensive staff time, consulting resources and potentially risky updates to government financial systems. This mandate poses require identical financial reporting taxonomies across all types of public and non-profit entities with the same technology. Given the wide variety of government and non-profit entities, combining them into a single standardized template has the potential to lose information and reduce transparency by eliminating detail specific to the unique functions or services that each provide. Transitioning to or adding new reporting categories would require changes to underlying financial systems. The law does not provide any financial assistance for transition costs to hire consultants, reconfigure financial systems, or implement new software. If the proposed rules become law, additional staffing at the Senior Analyst/Senior Accountant level may be required. Total FTEs in 2026 – 6.8 Finance 2027 2028 2029 2030 2031 Finance Director 1 1 1 1 1 Accounting Manager 1 1 1 1 1 Finance Supervisor 1 1 1 1 1 Financial Analyst .8 .8 .8 .8 .8 Account Specialist 1 1 1 1 1 Utility Billing Clerk 2 2 2 2 2 TOTAL: 6.8 6.8 6.8 6.8 6.8 2027 – 2031 Personnel Plan / Page 9 FIRE 2026: In 2026, all PLFD paid-on-call (POC), shift-assigned firefighters transitioned to regular part-time employees with the dissolution of the Prior Lake Volunteer Fire Relief Association. This change means the City will now receive Fire State Aid funding, which previously went to the Relief Association, to subsidize pension costs. Also in 2026, the hourly wage for part-time firefighters was increased from $17.50/hour to $21.00/hour to remain competitive with other departments and to recognize the certifications and training of current part-time firefighters. (In 2025, PLFD started hiring only already state-licensed paid-on-call (POC) firefighters/certified EMTs). PLFD will look to hire additional part-time staff to supplement the retirements of four POC firefighters because of the Relief Association dissolution. *2028: Firefighter (6 FTE). In the fall of 2024, the fire department became the primary responder for all medical calls in the fire service area, which led to a 60% increase in call responses in one year. In 2023, the department responded to 484 EMS calls, and by 2025, that number increased to 1,626 EMS calls. PLFD has taken significant steps to respond to the increase in demand for services by putting a lite rescue vehicle in service, adding shift assigned part-time firefighters, and separating crews into two vehicles. These changes have made the PLFD’s medical response more efficient and will allow other apparatus to remain clear to answer additional calls. This model is not a long-term, sustainable, option because we expect these medical calls along with other fire-related calls and fire prevention duties to increase as our communities grow. The request to add six additional full-time firefighters (two per shift) will allow PLFD to utilize Fire Station 2 with 24/7 staffing, place two additional apparatus into service, and provide better area coverage in the City’s growth area. Part-time firefighters will continue to support calls at both stations. At the same time, PLFD’s non-emergency duties, such as inspections, public education, and pre-planning, will continue uninterrupted as more buildings and structures are added throughout the service area. PLFD plans to submit a SAFER grant request to facilitate the hiring of additional staff. Total full-time (15) and part-time (26) firefighters/EMTs in 2026 Fire 2027 2028 2029 2030 2031 Fire Chief 1 1 1 1 1 Assistant Fire Chief 1 1 1 1 1 Fire Marshall 1 1 1 1 1 Full-time Fire Captain 3 3 3 3 3 Full-time Firefighter 9 15* 15 15 15 TOTAL: 15 21 21 21 21 2027 – 2031 Personnel Plan / Page 10 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). PLPD continues to work toward fulfilling consultant staffing recommendations to maintain current service levels and support staff wellness, including increasing the allocation of personnel for patrol to 22 officers and administrative support. PLPD currently had 19 patrol officers and 6 police officers assigned to special duties (e.g., school liaison, detectives, drug task force). Recognizing the budget impact of adding positions, the PD proposes to incrementally add these positions over the next few years which is detailed below. 2027 (2), 2029, and 2030: Patrol Officer (4 FTEs). The workload study found that staffing in the Patrol Division is not adequate to provide shift relief, manage workload volumes and the appropriate geographic distribution of personnel. It is recommended that PLPD should adjust its deployment of personnel for primary response from 19 to 22 patrol officers. This number is considered the operational minimum and is the baseline for staffing, not the maximum. The study notes that the addition of four positions represents the full volume of calls for service currently being handled by PLPD sergeants. In addition, this increase takes into account the ‘non-operational’ (vacancies to ensure staffing at operational minimal levels) hours for officers who are in training, on leave, injured or otherwise unable to fulfill their duties. The st udy also recommends adding an additional officer to the investigation unit. Currently, PLPD has three general investigation detectives, and the city would benefit from the additional capacity. This would allow active cases to be diverted from patrol into investigations and increase the numbers of hours dedic ated to each case per investigator. Additional considerations include the impact of paid family leave as mandated by the State of MN on staffing requirements. As of early 2026, PLPD anticipate multiple sworn staff to be taking extended time off, creating vacancies that likely will need to be filled with overtime to maintain minimum service abilities. Budgetary consideration for this increase in 2027 includes an inc rease of SMSC contributions of $125k in 2027. 2028: Records Specialist (.38 FTE). With an increase in the number of calls for service, state mandates like the decriminalization of records, and technological demands, the transition of the current .62 FTE in records would be converted to a 1 FTE. TBD: Community Service Officer (evaluation). Non-sworn personnel, such as a community service officer (CSO), builds capacity to assist in functions like records management, evidence support, non-sworn patrol duties, and special details, such as drone operations. Adding an additional .8 FTE CSO also creates a funnel to identify and train future sworn officers. PLPD previously had two part-time CSO’s and transitioned, but one position was reclassified into the current investigative aide/evidence technician position. The “hole” created by this move has yet to be filled. TBD: Administrative Assistant (evaluation). With a total headcount of 42.42 FTEs in 2026, the PLPD currently has no dedicated administrative personnel. All administrative functions fall under the Support Services Division which is understaffed when considering these admin duties. The workload study found that the Support Services Supervisor has a workload equivalent to 2 full-time employees, primarily due to administrative support work. In addition, command staff and investigators provide their own administrative support which takes them away from their primary duties. The study recommends adding a full-time administrative assistant position to assist with workloads and to support department operations. An analysis of administrative duties currently being performed by the Support Services Division (e.g., scheduling, answering phones, website updates, presentations, agenda reports) will help develop the job description and allow support services staff, supervisors, and investigators to 2027 – 2031 Personnel Plan / Page 11 focus on their primary duties. The addition of this position will be evaluated based on the impact the new Administrative Sergeant and Records Specialist (added in 2026) have on the overall workload. Total FTEs in 2026 – 42.42 Police 2027 2028 2029 2030 2031 Police Chief 1 1 1 1 1 Commander 2 2 2 2 2 Sergeant 7 7 7 7 7 Patrol Officer/Investigator 27* 27 28* 29* 29 Records Supervisor 1 1 1 1 1 Records Specialist 4.62 4.62 5* 5 5 Community Service Officer .8 .8 .8 .8 .8 Evidence / Inv Analyst 1 1 1 1 1 Admin Support Staff 0 TBD TBD TBD TBD TOTAL: 44.42 44.42 45.8 46.8 46.8 2027 – 2031 Personnel Plan / Page 12 PUBLIC WORKS 2026: In 2026, the Public Works Department was fully staff for the first time in several years. All vacancies have been filled, including the Superintendent position, which had been vacant since 2023 due to internal transitions and promotions. New positions, like Facilities Manager and Parks & Recreation Manager, were created by repurposing existing positions. As a result, Public Works staffing looks stable for the immediate future. Several long-term employees are due to retire over the next five years which may provide further opportunity to look at the department’s services, staffing and supervisory needs. Doing this should not require the addition of any new FTEs. One area to monitor is the impact of the orderly annexation area (OAA) as it develops. Although not shown as part of this five-year plan, additional maintenance positions could be added depending on the speed of growth in the OAA. *2031: Facilities Maintenance Worker (1 FTE). As City facilities age, there is more maintenance and upkeep associated with keeping them safe, pleasant for the public, well-designed and comfortable for employees, and in compliance with OSHA standards. Facilities include City Hall, the Police Station, two Fire Stations, the Maintenance Center, Water Treatment Plant and well houses/booster stations, Lakefront Pavilion, all parks’ buildings, CDA and rental properties, and the Public Library/Club Prior. To keep up with the demand, an additional Facility Maintenance Worker position is required and proposed to be added in 2031. This position also will allow the Facility Maintenance Manager to focus on upcoming large facility projects, like the new Public Works Facility, and other long-term planning rather than day-to-day maintenance issues. Total FTEs in 2026 – 41 Public Works 2027 2028 2029 2030 2031 PW Director/City Engineer 1 1 1 1 1 Superintendent 1 1 1 1 1 Supervisor (Admin, Parks, Utilities) 3 3 3 3 3 Facility Maintenance Manager 1 1 1 1 1 Mechanics 3 3 3 3 3 Maintenance Worker/Operator 21 21 21 21 21 Facilities Maintenance Worker 1 1 1 1 2* 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 Project Engineer-Stormwater 1 1 1 1 1 Parks & Recreation Manager 1 1 1 1 1 Recreation Supervisor 1 1 1 1 1 Recreation Programmer 2 2 2 2 2 TOTAL: 41 41 41 41 42 2027 – 2031 Personnel Plan / Page 13 ITEM: 4A CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Heidi Simon, City Clerk PRESENTED BY: Heidi Simon AGENDA ITEM: Approval of the April 28, 2026 City Council Meeting Minutes RECOMMENDED ACTION: Approve the April 28, 2026 city council meeting minutes as presented. ALTERNATIVES: 1. Motion and second to approve the April 28, 2026 City Council Minutes as presented. 2. Motion and second to review or revise the April 28, 2026 City Council Minutes. ATTACHMENTS: 1. 04 28 2026 City Council Minutes City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL MEETING MINUTES April 28, 2026 1. CALL TO ORDER Mayor Briggs called the meeting to order at 7:00 p.m. Present were Councilors Braid, Churchill, Lake and Hellier. Absent: None. Also were City Manager Wedel, Police Sergeant Englin, Community Development Director McCabe, Public Works Director/ City Engineer Monserud, City Attorney Kendall and Deputy Clerk Kooiman in attendance. 2. PUBLIC FORUM None. 3. APPROVAL OF AGENDA MOTION BY CHURCHILL SECOND BY LAKE, TO APPROVING THE AGENDA AS PRE- SENTED. VOTE Briggs Braid Churchill Lake Hellier Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ The motion carried. 4. APPROVAL OF CITY COUNCIL MEETING MINUTES A. Approval of April 14, 2026, City Council Minutes MOTION BY LAKE SECOND BY HELLIER, TO APPROVE April 14, 2026, MEETING MINUTES AS PRESENTED. VOTE Briggs Braid Churchill Lake Hellier Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ The motion carried. 1 5. CONSENT AGENDA A. Approval of Claims Listing st B. Resolution 26-061 Accepting Donations and Grants to the City During the 1 Quarter 2026 C. Approval of March 2026 Treasurer’s Report st D. Approval of 1 Quarter 2026 Investment Report E. Approval of Preliminary 2025 Year End Financials F. Resolution 26-062 Receiving Quotes and Awarding a Contract for Building Maintenance at Fire Stations 1 and 2 G. Resolution 26-063 Receiving Quotes and Awarding a Contract for Building Maintenance at the Water Treatment Plant and two Well Houses H. Resolution 26-064 Approving Temporary Liquor License for the Laker Education Foundation I. Resolution 26-065 Approving a Temporary Liquor License for the Prior Lake Rotary Club Lake- front Music Fest J. Resolution 26-066 Approving a Work Order for Engineering Service for the Police Station Park- ing Lot Improvements (2022-15) K. Accept the 2025 Year-End Code Enforcement Report L. Ordinance 126-10 Amending Prior Lake City Code Section 10-268 (Motor Vehicle Sales) and Section 10-185 (Land Use Table) Related to a New Land Use of Motor Vehicle Sales, No Inventory M. Resolution 26-067 Approving a Combined Preliminary and Final Plat, Easement Vacation and Development Agreement for a Subdivision to be known as Ridgewood Court N. Approval of the Building Permit Summary Report – March O. Resolution 26-068 Approving an Agreement with CIT to Upgrade the City’s Storage Area Net- work (SAN) and Servers MOTION BY BRAID SECOND BY HELLIER, TO APPROVE THE CONSENT AGENDA AS PRE- SENTED. VOTE Briggs Braid Churchill Lake Hellier Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ The motion carried. Briggs: Wanted to thank the generous donations from SMSC for Public Safety, also Chula’s Res- taurant for donation for chalk fest. Finally wanted to thank Pinnacle Homes for the generous dona- tion to the coin carnival held by our recreation team. 6. PRESENTATIONS None. 7. PUBLIC HEARINGS None. 8. OLD BUSINESS A. Resolution 26 – 069 Adopting the Prior Lake Annexation Area Alternative Urban Areawide Re- view (2025-06) 04 14 2026 City Council Meeting Minutes Community Development Director McCabe presented the item Braid: Wanted to thank Directors Monserud and McCabe for their hard work. Will be in support of this. Lake: This has been years in the making and looking forward to this. Will also be in support of this. MOTION BY BRAID, SECOND BY LAKE, TO APPROVE THE PRIOR LAKE ANNEXATION AL- TERNATIVE URBAN AREAWIDE REVIEW (2025-06) VOTE Briggs Braid Churchill Lake Hellier Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ The motion carried. 9. NEW BUSINESS None. 10. REMOVED CONSENT AGENDA ITEMS None. 11. COUNCIL MEMBER LIAISON UPDATES/ COUNCIL MEMBER REPORTS Hellier: 4/16 Community Engagement Committee Meeting, 4/18 Agenda Review Lake: 4/15 Transportation Advisory Board Executive and General Meeting, 4/17 Scale Executive, 4/23 Light Bridge Academy Groundbreaking Ceremony, 4/24 Agenda Review Churchill: 4/18 Minnesota Valley Transit Association Partnership Committee Meeting, 4/21 Prior Lake Spring Lake Watershed Meeting, 4/24 Agenda Review Braid: 4/21 SMCS honoring Andy Vig for retirement from Hocokata Ti, 4/27 Agenda Review Briggs: 4/15 Metro Cities, 4/27 Agenda Review 12. OTHER BUSINESS None. 04 14 2026 City Council Meeting Minutes 13.ADJOURNMENT MOTION BY BRAID, SECOND BY HELLIER, TO ADJOURN THE MEETING AT 7:17 p.m. VOTE Briggs Braid Churchill Lake Hellier Aye ☒ ☒ ☒ ☒ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ The motion carried. Respectfully Submitted, Jason Wedel, City Manager 04 14 2026 City Council Meeting Minutes Payments Issued 04/18/2026 - 05/01/2026 DateChecksACHEFTTotal 4/20/2026 11,296.98 11,296.98 4/21/2026 9,219.26 9,219.26 4/22/2026 18,032.47 18,032.47 4/24/2026 529,022.13 93,497.68 53.35 622,573.16 4/28/2026 456.00 456.00 4/29/2026 14,923.74 14,923.74 5/1/2026 39,785.74 202,174.42 241,960.16 568,807.87 295,672.10 53,981.80 918,461.77 ITEM: 5A CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Melissa Fonder, Accounting Specialist PRESENTED BY: Nicole Klekner, Finance Director AGENDA ITEM: Approval of Claims Listing RECOMMENDED ACTION: Adopt claims listing as presented. BACKGROUND: Below is a summary of the payments issued (check, EFT, ACH and wires) for the specified time period. The detailed claims listing has been provided to the City Council as a separate document and is available for public view at City Hall upon request. The City has transitioned to this method of claims reporting in 2026 due to increasing risk of fraud for local governments. This change will allow the City to mitigate this risk while still providing transparency for the public. ALTERNATIVES: 1. Motion and second as part of the consent agenda to adopt the claims list as presented. 2. Motion and second to remove this item from the consent agenda for additional discussion. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 ITEM: 5B CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Bradley Smith, Accountant Angela Gieseke, Finance Supervisor Jason Etter, Accounting Manager Nicole Klekner, Finance Director PRESENTED BY: Nicole Klekner AGENDA ITEM: Approval of Preliminary 1st Quarter 2026 Financial Reports RECOMMENDED ACTION: Approve the March 31, 2026 Financial Report as submitted. BACKGROUND: Staff have prepared preliminary summary financial reports for the City of Prior Lake (attached) as of March 31, 2026. The reports reflect revenue and expenditure activity during the first quarter of 2026. The reports are preliminary and unaudited but unlikely to change. Comparative information has been included for the same period of the prior year. This agenda report provides a summary of March 31, 2026, financial results. Information is provided for the following funds:  General Fund  Debt Service Funds  Cable Fund  Capital Park Fund  Revolving Equipment Fund  Revolving Park Equipment Fund  Facilities Management Fund  Permanent Improvement Revolving (PIR) Fund  Water Fund  Sewer Fund  Water Quality Fund  Economic Development Authority Special Revenue Fund FINANCIAL IMPACT: General Fund 2026 Summary through March 31 Preliminary financial information reflects expenditures exceeding revenues by $2,117,560; this is expected since the primary funding source, first half property tax revenue, will be received in June. General Fund Revenues/Transfers In General Fund Revenues of $2,481,308 for Q1 represent 10% of the $24,093,139 amended budget for 2026. The level of revenue (as a percentage of budget) is consistent with 2025. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5B Page | 2 Property taxes are received in June, December, and January. Revenue from taxes is recognized on a cash basis for the General Fund. Therefore, tax revenue will not be reflected in the financial report until June. First quarter franchise fees collected in April are not included in this report. Licenses and permits are 54% of the budget. Single family residential building permit budget for the year is 50 units and the actual units through the first quarter are 8. The 2026 actuals includes one multi-unit building, the CORA Apartments, with two permits. The following table provides a breakdown of the 1/1 – 3/31 activity by year. Year Single Townhomes Multiple Commercial/Industrial Other Total Change Family Units Permits from PY 2026 8 0 2 1 427 438 -7% 2025 8 0 0 0 461 469 2% 2024 15 0 1 0 446 462 40% 2023 14 0 0 0 315 329 -44% 2022 39 0 0 0 551 590 2% The first half payments were received for Municipal State Road and Bridge Aid and the township fire agreements. SMSC Police Aid of $381k has been received so far in 2026 which is equal to 25% of the $1.525M budget for this line item. Project engineering fees are currently at 25% of its annual budget. The 2026 project admin/eng. fee is the cost for internal work done on city construction projections. City staff time on the projects is charged over the life of the project, which is typically three years and includes planning, construction, and project closeout. Recreation revenues are consistent with the first quarter of 2025. Interest earnings are 35% of its budget. The report also reflects a YTD $38k decrease in the fair value of the securities. This is a paper loss; no actual loss is realized because the city holds the securities until maturity. Court fines are at 20% of the budget. The amount of revenue is $22k for the first quarter. The Q1 corresponding expenditure will be paid in April. The revenue received from the State of MN is paid out to Scott County on a quarterly basis. Transfers in through Q1 include budgeted operating transfers in of $167,000 from the utility funds. General Fund Expenditures/Transfers Out General Fund expenditures of $4,598,867 for Q1 represent 19% of the $24,093,139 amended budget for 2026. The level of expenditures (as a percentage of budget) is consistent with 2025. In preparation for this year’s midterm Elections, ballot tabulator cases were purchased. Item 5B Page | 3 The annual property assessment contract with Scott County came in earlier than in 2025 (Q1 in 2026, vs. Q2 in 2025), but at a comparable percentage of budget to 2025. Communications saw a 95% increase in Q1 expenditures compared to 2025. This is primarily due to a website redesign and hosting contract being awarded and paid in Q1. Recreation added a full-time staff member in Q2 of 2025 when a part-time staff member retired, which is the primary cause for the 18% increase in Q1 personnel expenditures compared to Q1 of 2025. Also in Q2 of 2025, Recreation began a new Recreation Management software subscription. Combined, these two additional expenses account for the 25% increase year-over- year in Q1 Recreation expenditures. Community Development filled the open Planner position in 2025. The addition of this full-time staff member is the primary cause of both the 38% and 30% year-to-year Q1 increases in personnel expenditures for Community Development and the EDA Fund, respectively. Similarly, a staff addition for an open position in the Storm Water Utility Fund took place during 2025, resulting in an 83% year-to-year Q1 increase in personnel expenditures. During Q1 the City is paying an average of $2.25 per gallon for unleaded, and $2.61 per gallon for diesel. This is a significant savings over the budgeted rates of $3.85 and $3.50, respectively. Costs such as legal, street, and park maintenance vary by year, depending on the timing and nature of the work. Debt Service Funds Property taxes and special assessments are received in June, December, and January (final tax settlement). Prepayments have been received for special assessments. Scheduled bond payments (interest) will be made in June. Other bond payments (principal and interest) will be due mid-December. Cable Fund First quarter franchise fees collected in April have not been included in this report. Capital Park Fund We have received dedication fees of $439,750 relating to Cora Apartments and Stone Path. A payment of $4,508 has been made for TH13 Trail Segment 1 professional services. Revolving Equipment Fund Property taxes, the primary funding source, are received in June, December, and January (final tax settlement). We had unbudgeted sales of property in the amount of $17,111 in the first quarter. The approved police squads, park trucks, an RTV and pay loader were purchased in the first quarter of 2026. Revolving Park Equipment Fund We received $2,000 from the Mn River Valley Audubon Chapter for the removal of the osprey nest. Item 5B Page | 4 Expenditures of $8,281 have been incurred in the first quarter of 2026 for the Ponds Park transformer installation. Facilities Management Fund Expenditures include the continuation of the bathroom remodel at Fire Station 1. Planned repair work on City facilities has begun and we will see those expenditures in the coming months. Permanent Improvement Revolving (PIR) Fund Prepayments have been received for special assessments. The Northwoods mill and overlay project will begin next quarter. Water Fund The financial report for the Water Fund reflects one billing cycle. Consumption increased from 2025, and operating revenues are up from the prior year by $24k due to increase in consumption and fees. Overall water revenues are at 6% of the 2026 budget which is consistent with the first quarter of 2025. Operating expenditures increased $34k compared to the first quarter of 2025 due to timing of expenses. Transfers are in line with the first quarter of 2025. Operating expenditures and transfers are at 8% of the approved budget. Sewer Fund The financial report for the Sewer Fund reflects one billing cycle. Consumption increased from 2025, and operating revenues are up from the prior year by $27k due to increase in consumption and fees. Overall sewer revenues are at 6% of the 2026 budget which is consistent with the first quarter of 2025. Operating expenditures increased $40k compared to the first quarter of 2025 due to timing of expenses. Transfers are in line with the first quarter of 2025. Operating expenditures and transfers are at 13% of the approved budget. Water Quality Fund The financial report for the Water Quality Fund reflects one billing cycle. Water Quality revenues are based on flat rates per billing cycle. Revenues are higher than in 2025 due to an increase in fees and are at 7% of the 2026 budget which is consistent with the first quarter of 2025. Operating expenditures are in line with the first quarter of 2025. Transfers are $129k lower compared to the first quarter 2025 due to sweeper spend in 2025. Operating expenditures and transfers are at 14% of the approved budget. Economic Development Authority Special Revenue Fund Property taxes are received in June, December, and January (final tax settlement). The sale of 4662 and 4664 Dakota St properties for the construction of the Cora Apartments happened in the first quarter. Facility rental payments have been received from Sebastian Automotive. Expenditures include a $70,000 forgivable loan to Black Hills Properties, LLC (Chula’s) to assist with demolition, soil corrections, concrete work and utility connections. Item 5B Page | 5 ALTERNATIVES: 1. Motion and second as part of the consent agenda to approve the March 31, 2026 Financial Report as presented. 2. Motion and second to remove the Financial Report from the consent agenda for additional discussion. ATTACHMENTS: 1. Q1 2026 Financial Report - Attachment 1 City of Prior Lake General Fund Summary - Comparison to Prior Year As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2026 from 2025 from 2025 Revenues Taxes - 16,536,912 16,536,912 16,536,912 0%- - N/A Licenses and Permits 253,004 472,710 472,710 219,706 54%108,580 144,424 133% Intergovernmental 1,276,658 4,033,388 4,033,388 2,756,730 32%1,130,736 145,922 13% Charges for Services 540,068 1,853,329 1,853,329 1,313,261 29%400,594 139,474 35% Fines and Forfeitures 21,860 108,000 108,000 86,140 20%23,349 (1,490) -6% Interest (losses) on investments 123,510 293,500 293,500 169,990 42%192,317 (68,807) -36% Other 99,208 127,300 127,300 28,092 78%41,773 57,435 137% Transfers in 167,000 668,000 668,000 501,000 25%153,750 13,250 9% Total Revenues 2,481,308 24,093,139 24,093,139 21,611,831 10%2,051,100 430,208 21% Expenditures General Government 1,317,607 5,151,312 5,151,312 3,833,705 26%915,887 401,720 44% Public Safety 2,267,644 12,941,899 12,941,899 10,674,255 18%2,114,718 152,926 7% Public Works 502,720 2,959,744 2,959,744 2,457,024 17%513,777 (11,056) -2% Culture and Recreation 510,896 2,774,296 2,774,296 2,263,400 18%475,239 35,657 8% Transfer to other funds - 265,888 265,888 265,888 0%- - N/A Total Expenditures 4,598,867 24,093,139 24,093,139 19,494,272 19%4,019,620 579,247 14% Net Change (2,117,560) - - 2,117,560 (1,968,520) (149,039) 8% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake General Fund Revenues As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Taxes 101 31010.00 Current Property Taxes - General Purpos 0.00 15,251,333.00 15,251,333.00 15,251,333.00 0% 0.00 0.00 N/A 101 31040.00 Fiscal Disparities 0.00 1,281,579.00 1,281,579.00 1,281,579.00 0% 0.00 0.00 N/A Taxes 0.00 16,532,912.00 16,532,912.00 16,532,912.00 0% 0.00 0.00 N/A Franchise Taxes 101 31810.00 Franchise Taxes 0.00 528,000.00 528,000.00 528,000.00 0% 0.00 0.00 N/A Franchise Taxes 0.00 528,000.00 528,000.00 528,000.00 0% 0.00 0.00 N/A Special Assessments 101 36102.00 County Assess. Collection 0.00 4,000.00 4,000.00 4,000.00 0% 0.00 0.00 N/A Special Assessments 0.00 4,000.00 4,000.00 4,000.00 0% 0.00 0.00 N/A Licenses and Permits 101 32100.00 Business Licenses 2,550.00 2,200.00 2,200.00 (350.00) 116% 2,800.00 (250.00) -9% 101 32110.00 Liquor Licenses 75.00 73,795.00 73,795.00 73,720.00 0% 75.00 0.00 0% 101 32120.00 Cannabis Fee 0.00 0.00 0.00 0.00 N/A 4,200.00 (4,200.00) -100% 101 32160.00 Refuse Haulers 0.00 6,290.00 6,290.00 6,290.00 0% 0.00 0.00 N/A 101 32180.00 Cigarette Licenses 2,250.00 2,750.00 2,750.00 500.00 82% 2,250.00 0.00 0% 101 32185.00 Food Truck Registration 525.00 0.00 0.00 (525.00) N/A 1,050.00 (525.00) -50% 101 32190.00 Community Event Application 75.00 2,000.00 2,000.00 1,925.00 4% 2,100.00 (2,025.00) -96% 101 32210.00 Building Permits 207,050.21 242,097.00 242,097.00 35,046.79 86% 75,540.29 131,509.92 174% 101 32215.00 Mechanical Permits 12,825.84 75,399.00 75,399.00 62,573.16 17% 9,227.60 3,598.24 39% 101 32230.00 Plumbing Permits 27,288.50 56,703.00 56,703.00 29,414.50 48% 9,526.92 17,761.58 186% 101 32231.00 Sewer/Water Inspection 54.50 4,916.00 4,916.00 4,861.50 1% 490.50 (436.00) -89% 101 32260.00 Burning Permits 60.00 4,560.00 4,560.00 4,500.00 1% 820.00 (760.00) -93% 101 32270.00 Short-term Rental Fee 250.00 2,000.00 2,000.00 1,750.00 13% 500.00 (250.00) -50% Licenses and Permits 253,004.05 472,710.00 472,710.00 219,705.95 54% 108,580.31 144,423.74 133% Intergovernmental 101 33160.11 Fed Aids/Grants - Operating Police 0.00 0.00 0.00 0.00 N/A 6,790.50 (6,790.50) -100% 101 33416.01 State Aid - Police Train 0.00 30,000.00 30,000.00 30,000.00 0% 0.00 0.00 N/A 101 33416.02 State Police Aid-Ins Prem 0.00 378,000.00 378,000.00 378,000.00 0% 0.00 0.00 N/A 101 33418.00 State Road & Bridge Aid 346,209.99 552,295.00 552,295.00 206,085.01 63% 278,230.50 67,979.49 24% 101 33420.00 State Fire Aid-Ins. Prem. 0.00 387,258.00 387,258.00 387,258.00 0% 15,000.00 (15,000.00) -100% 101 33620.00 Township Fire & Resc Aid 549,198.00 1,092,405.00 1,092,405.00 543,207.00 50% 480,715.00 68,483.00 14% 101 33621.00 Liaison Aid 0.00 68,430.00 68,430.00 68,430.00 0% 0.00 0.00 N/A 101 33631.00 Payment in Lieu of Taxes 381,250.00 1,525,000.00 1,525,000.00 1,143,750.00 25% 350,000.00 31,250.00 9% Intergovernmental 1,276,657.99 4,033,388.00 4,033,388.00 2,756,730.01 32% 1,130,736.00 145,921.99 13% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake General Fund Revenues As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Charges for Services 101 34103.00 Zoning & Subdivision Fees 16,815.86 40,000.00 40,000.00 23,184.14 42% 4,071.60 12,744.26 313% 101 34104.00 Plan Check Fees 123,398.28 157,545.00 157,545.00 34,146.72 78% 34,594.33 88,803.95 257% 101 34105.00 Sale of Maps/Publications - Reports 10.00 500.00 500.00 490.00 2% 90.00 (80.00) -89% 101 34107.00 Assessment Searches - Reports 75.00 500.00 500.00 425.00 15% 0.00 75.00 N/A 101 34108.00 Street Chip Seal Fee-New Development 5,659.00 0.00 0.00 (5,659.00) N/A 0.00 5,659.00 N/A 101 34109.00 Project Admin/Eng Fees 46,250.00 185,000.00 185,000.00 138,750.00 25% 37,500.00 8,750.00 23% 101 34203.00 Accident/Warrant Reports - Reports 5.00 500.00 500.00 495.00 1% 130.00 (125.00) -96% 101 34731.00 Adult League Fees 3,768.21 5,000.00 5,000.00 1,231.79 75% 4,850.10 (1,081.89) -22% 101 34732.00 Recreation Program Fees - Contracted 35,316.92 45,000.00 45,000.00 9,683.08 78% 27,528.50 7,788.42 28% 101 34735.00 Recreation Program Fees - Staff Run 59,525.18 70,000.00 70,000.00 10,474.82 85% 60,778.00 (1,252.82) -2% 101 34735.01 Recreation Program Fees - Club Prior 3,320.00 15,000.00 15,000.00 11,680.00 22% 2,802.00 518.00 18% 101 34760.01 Facility Rental - Regular 12,803.34 68,088.00 68,088.00 55,284.66 19% 12,430.44 372.90 3% 101 34760.87 Facility Rental - Lease 3,945.00 0.00 0.00 (3,945.00) N/A 3,575.00 370.00 10% 101 34761.00 Studio/Pavilion Rental 22,534.64 30,000.00 30,000.00 7,465.36 75% 22,440.03 94.61 0% 101 34762.00 Park Shelter Rental 4,360.65 22,000.00 22,000.00 17,639.35 20% 4,277.04 83.61 2% 101 34762.01 Boat Slip Rental 78,000.00 72,000.00 72,000.00 (6,000.00) 108% 72,500.00 5,500.00 8% 101 34765.87 Tower Leases - Lease 104,976.00 289,104.00 289,104.00 184,128.00 36% 86,002.12 18,973.88 22% 101 34780.00 Parking Meter Fees 0.00 30,000.00 30,000.00 30,000.00 0% 0.00 0.00 N/A 101 34783.00 City Contract Services 19,305.00 295,092.00 295,092.00 275,787.00 7% 27,025.00 (7,720.00) -29% Charges for Services 540,068.08 1,325,329.00 1,325,329.00 785,260.92 41% 400,594.16 139,473.92 35% Interest (losses) on investments 101 36210.00 Interest Earnings 102,913.62 293,500.00 293,500.00 190,586.38 35% 101,454.46 1,459.16 1% 101 36215.00 Amortization - Premium/Discount 58,319.91 0.00 0.00 (58,319.91) N/A 32,642.62 25,677.29 79% 101 36225.00 Unrealized Inv.Gain(Loss) (37,723.52) 0.00 0.00 37,723.52 N/A 58,219.59 (95,943.11) -165% Interest (losses) on investments 123,510.01 293,500.00 293,500.00 169,989.99 42% 192,316.67 (68,806.66) -36% Fines and Forfeitures 101 35101.00 County Court Fines 21,859.82 108,000.00 108,000.00 86,140.18 20% 22,228.60 (368.78) -2% 101 35104.00 Prosecution Restitution 0.00 0.00 0.00 0.00 N/A 1,120.87 (1,120.87) -100% Fines and Forfeitures 21,859.82 108,000.00 108,000.00 86,140.18 20% 23,349.47 (1,489.65) -6% Miscellaneous Revenues 101 36211.00 Developer Agreements 47,860.69 57,300.00 57,300.00 9,439.31 84% 0.00 47,860.69 N/A 101 36212.00 Miscellaneous Revenue 44,011.38 70,000.00 70,000.00 25,988.62 63% 27,706.10 16,305.28 59% 101 36230.00 Contributions & Donations 0.00 0.00 0.00 0.00 N/A 1,500.00 (1,500.00) -100% 101 36230.11 Contributions - Shop with a Cop 500.00 0.00 0.00 (500.00) N/A 250.00 250.00 100% 101 36230.13 Contributions and Donations 3,944.42 0.00 0.00 (3,944.42) N/A 5,346.47 (1,402.05) -26% 101 36230.33 Contributions - Charitable Gambling 2,000.00 0.00 0.00 (2,000.00) N/A 5,500.00 (3,500.00) -64% Miscellaneous Revenues 98,316.49 127,300.00 127,300.00 28,983.51 77% 40,302.57 58,013.92 144% City of Prior Lake General Fund Revenues As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Transfers in 101 39203.00 Transfer from Other Funds 167,000.00 668,000.00 668,000.00 501,000.00 25% 153,750.00 13,250.00 9% Transfers in 167,000.00 668,000.00 668,000.00 501,000.00 25% 153,750.00 13,250.00 9% Sale of assets 101 39102.00 Sale of Property 891.42 0.00 0.00 (891.42) N/A 1,470.73 (579.31) -39% Sale of assets 891.42 0.00 0.00 (891.42) N/A 1,470.73 (579.31) -39% TOTAL REVENUES 2,481,307.86 24,093,139.00 24,093,139.00 21,611,831.14 10% 2,051,099.91 430,207.95 21% City of Prior Lake General Fund Expenditures As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Fund 101 - GENERAL FUND Function: General Government 41110.00 MAYOR & COUNCIL 20,891.01 85,270.00 85,270.00 64,378.99 24% 17,514.47 3,376.54 19% 41130.00 ORDINANCE 188.02 6,000.00 6,000.00 5,811.98 3% 1,530.47 (1,342.45) -88% 41320.00 ADMINISTRATION 117,762.53 442,044.00 442,044.00 324,281.47 27% 110,538.07 7,224.46 7% 41330.00 BOARDS & COMMISSIONS 0.00 8,182.00 8,182.00 8,182.00 0% 331.74 (331.74) -100% 41400.00 CITY CLERK FUNCTIONS 31,958.52 165,311.00 165,311.00 133,352.48 19% 32,255.59 (297.07) -1% 41410.00 ELECTIONS 6,650.97 149,032.00 149,032.00 142,381.03 4% 473.56 6,177.41 1304% 41520.00 FINANCE 168,682.20 792,430.00 792,430.00 623,747.80 21% 150,633.48 18,048.72 12% 41540.00 INTERNAL AUDITING 6,500.00 53,400.00 53,400.00 46,900.00 12% 4,500.00 2,000.00 44% 41550.00 ASSESSING 267,000.00 271,620.00 271,620.00 4,620.00 98% 3,440.00 263,560.00 7662% 41610.00 LEGAL 63,542.62 324,612.00 324,612.00 261,069.38 20% 37,380.39 26,162.23 70% 41820.00 HUMAN RESOURCES 74,028.67 400,061.00 400,061.00 326,032.33 19% 67,207.05 6,821.62 10% 41830.00 COMMUNICATIONS 71,202.56 218,533.00 218,533.00 147,330.44 33% 36,599.64 34,602.92 95% 41910.00 COMMUNITY DEVELOPMENT 69,090.25 426,564.00 426,564.00 357,473.75 16% 51,233.78 17,856.47 35% 41920.00 INFORMATION TECHNOLOGY 171,398.80 817,191.00 817,191.00 645,792.20 21% 188,788.65 (17,389.85) -9% 41940.00 FACILITIES - CITY HALL 248,710.94 991,062.00 991,062.00 742,351.06 25% 213,460.01 35,250.93 17% Total - Function General Government 1,317,607.09 5,151,312.00 5,151,312.00 3,833,704.91 26% 915,886.90 401,720.19 44% Function: Public Safety 42100.00 POLICE 1,518,943.60 8,519,275.00 8,519,275.00 7,000,331.40 18% 1,421,611.59 97,332.01 7% 42200.00 FIRE 571,689.26 3,390,433.00 3,390,433.00 2,818,743.74 17% 518,318.53 53,370.73 10% 42400.00 BUILDING INSPECTION 171,999.28 977,901.00 977,901.00 805,901.72 18% 167,159.14 4,840.14 3% 42500.00 EMERGENCY MANAGEMENT 211.64 18,290.00 18,290.00 18,078.36 1% 428.35 (216.71) -51% 42700.00 ANIMAL CONTROL 4,800.00 36,000.00 36,000.00 31,200.00 13% 7,200.00 (2,400.00) -33% Total - Function Public Safety 2,267,643.78 12,941,899.00 12,941,899.00 10,674,255.22 18% 2,114,717.61 152,926.17 7% Function: Public Works 43050.00 ENGINEERING 72,428.71 504,037.00 504,037.00 431,608.29 14% 90,268.80 (17,840.09) -20% 43100.00 STREET 309,977.82 1,787,233.00 1,787,233.00 1,477,255.18 17% 304,953.92 5,023.90 2% 43400.00 CENTRAL GARAGE 117,196.41 668,474.00 668,474.00 551,277.59 18% 117,461.94 (265.53) 0% 43600.00 DEVELOPMENT PROJECTS 3,117.50 0.00 0.00 (3,117.50) N/A 1,092.00 2,025.50 185% Total - Function Public Works 502,720.44 2,959,744.00 2,959,744.00 2,457,023.56 17% 513,776.66 (11,056.22) -2% Function: Culture and Recreation 45100.00 RECREATION 143,686.24 754,589.00 754,589.00 610,902.76 19% 115,196.64 28,489.60 25% 45200.00 PARKS 357,781.79 1,989,630.00 1,989,630.00 1,631,848.21 18% 351,004.59 6,777.20 2% 45500.00 LIBRARIES 9,428.04 30,077.00 30,077.00 20,648.96 31% 9,037.57 390.47 4% Total - Function Culture and Recreation 510,896.07 2,774,296.00 2,774,296.00 2,263,399.93 18% 475,238.80 35,657.27 8% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake General Fund Expenditures As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Function: Transfers 80000.00 Transfers to other Funds 0.00 265,888.00 265,888.00 265,888.00 0% 0.00 0.00 N/A Total - Function Transfers 0.00 265,888.00 265,888.00 265,888.00 0% 0.00 0.00 N/A Fund 101 - GENERAL FUND: TOTAL EXPENDITURES 4,598,867.38 24,093,139.00 24,093,139.00 19,494,271.62 19% 4,019,619.97 579,247.41 14% City of Prior Lake Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits) As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Fund 101 - GENERAL FUND Function: General Government 41110.00 MAYOR & COUNCIL 18,937.98 79,120.00 79,120.00 60,182.02 24% 16,556.05 2,381.93 14% 41320.00 ADMINISTRATION 65,038.99 355,644.00 355,644.00 290,605.01 18% 61,073.47 3,965.52 6% 41330.00 BOARDS & COMMISSIONS 0.00 7,782.00 7,782.00 7,782.00 0% 322.95 (322.95) -100% 41400.00 CITY CLERK FUNCTIONS 27,735.52 155,382.00 155,382.00 127,646.48 18% 26,272.98 1,462.54 6% 41410.00 ELECTIONS 66.87 99,120.00 99,120.00 99,053.13 0% 18.92 47.95 253% 41520.00 FINANCE 113,650.97 760,066.00 760,066.00 646,415.03 15% 137,643.65 (23,992.68) -17% 41820.00 HUMAN RESOURCES 64,231.71 347,487.00 347,487.00 283,255.29 18% 61,564.69 2,667.02 4% 41830.00 COMMUNICATIONS 29,858.50 160,533.00 160,533.00 130,674.50 19% 28,507.45 1,351.05 5% 41910.00 COMMUNITY DEVELOPMENT 67,879.76 375,564.00 375,564.00 307,684.24 18% 49,138.85 18,740.91 38% 41920.00 INFORMATION TECHNOLOGY 53,902.79 375,217.00 375,217.00 321,314.21 14% 51,115.10 2,787.69 5% 41940.00 FACILITIES - CITY HALL 32,125.23 159,537.00 159,537.00 127,411.77 20% 28,762.47 3,362.76 12% Total - Function General Government 473,428.32 2,875,452.00 2,875,452.00 2,402,023.68 16% 460,976.58 12,451.74 3% Function: Public Safety 42100.00 POLICE 1,278,498.22 7,525,823.00 7,525,823.00 6,247,324.78 17% 1,213,724.81 64,773.41 5% 42200.00 FIRE 462,921.92 2,896,988.00 2,896,988.00 2,434,066.08 16% 422,039.73 40,882.19 10% 42400.00 BUILDING INSPECTION 167,595.28 946,563.00 946,563.00 778,967.72 18% 161,785.03 5,810.25 4% Total - Function Public Safety 1,909,015.42 11,369,374.00 11,369,374.00 9,460,358.58 17% 1,797,549.57 111,465.85 6% Function: Public Works 43050.00 ENGINEERING 64,777.20 417,388.00 417,388.00 352,610.80 16% 65,980.30 (1,203.10) -2% 43100.00 STREET 133,126.59 629,634.00 629,634.00 496,507.41 21% 118,722.09 14,404.50 12% 43400.00 CENTRAL GARAGE 56,883.79 329,749.00 329,749.00 272,865.21 17% 60,253.10 (3,369.31) -6% Total - Function Public Works 254,787.58 1,376,771.00 1,376,771.00 1,121,983.42 19% 244,955.49 9,832.09 4% Function: Culture and Recreation 45100.00 RECREATION 79,390.84 517,254.00 517,254.00 437,863.16 15% 67,118.65 12,272.19 18% 45200.00 PARKS 212,047.01 1,257,663.00 1,257,663.00 1,045,615.99 17% 208,821.85 3,225.16 2% Total - Function Culture and Recreation 291,437.85 1,774,917.00 1,774,917.00 1,483,479.15 16% 275,940.50 15,497.35 6% Fund 101 - GENERAL FUND: TOTAL EXPENDITURES 2,928,669.17 17,396,514.00 17,396,514.00 14,467,844.83 17% 2,779,422.14 149,247.03 5% Fund 240 - EDA SPECIAL REVENUE FUND Function: Economic Development 46500.00 ECONOMIC DEVELOPMENT 32,348.93 181,798.00 181,798.00 149,449.07 18% 24,964.22 7,384.71 30% Total - Function Economic Development 32,348.93 181,798.00 181,798.00 149,449.07 18% 24,964.22 7,384.71 30% Fund 240 - EDA SPECIAL REVENUE FUND: TOTAL EXPENDITURES 32,348.93 181,798.00 181,798.00 149,449.07 18% 24,964.22 7,384.71 30% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits) As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Fund 601 - WATER FUND Function: General Government 41520.00 FINANCE 18,835.29 102,223.00 102,223.00 83,387.71 18% 17,710.62 1,124.67 6% Total - Function General Government 18,835.29 102,223.00 102,223.00 83,387.71 18% 17,710.62 1,124.67 6% Function: Water 49400.00 WATER 238,603.26 1,295,551.00 1,295,551.00 1,056,947.74 18% 199,017.37 39,585.89 20% Total - Function Water 238,603.26 1,295,551.00 1,295,551.00 1,056,947.74 18% 199,017.37 39,585.89 20% Fund 601 - WATER FUND: TOTAL EXPENDITURES 257,438.55 1,397,774.00 1,397,774.00 1,140,335.45 18% 216,727.99 40,710.56 19% Fund 602 - STORM WATER UTILITY Function: Water Quality 49420.00 WATER QUALITY 75,024.75 438,146.00 438,146.00 363,121.25 17% 41,023.59 34,001.16 83% Total - Function Water Quality 75,024.75 438,146.00 438,146.00 363,121.25 17% 41,023.59 34,001.16 83% Fund 602 - STORM WATER UTILITY: TOTAL EXPENDITURES 75,024.75 438,146.00 438,146.00 363,121.25 17% 41,023.59 34,001.16 83% Fund 604 - SEWER FUND Function: General Government 41520.00 FINANCE 18,831.56 102,223.00 102,223.00 83,391.44 18% 17,707.10 1,124.46 6% Total - Function General Government 18,831.56 102,223.00 102,223.00 83,391.44 18% 17,707.10 1,124.46 6% Function: Sewer 49450.00 SEWER 107,262.93 723,512.00 723,512.00 616,249.07 15% 117,668.85 (10,405.92) -9% Total - Function Sewer 107,262.93 723,512.00 723,512.00 616,249.07 15% 117,668.85 (10,405.92) -9% Fund 604 - SEWER FUND: TOTAL EXPENDITURES 126,094.49 825,735.00 825,735.00 699,640.51 15% 135,375.95 (9,281.46) -7% TOTAL EXPENDITURES - ALL FUNDS 3,419,575.89 20,239,967.00 20,239,967.00 16,820,391.11 17% 3,197,513.89 222,062.00 7% City of Prior Lake Debt Service Funds As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Taxes Current Property Taxes 0.00 2,979,221.00 2,979,221.00 2,979,221.00 0% 0.00 0.00 N/A Special Assessments City Assess. Collections 38,517.54 0.00 0.00 (38,517.54) N/A 5,714.52 32,803.02 574% County Assess. Collection 0.00 485,532.00 485,532.00 485,532.00 0% 0.00 0.00 N/A Interest (losses) on investments Interest Earnings 24,153.89 89,800.00 89,800.00 65,646.11 27% 26,094.80 (1,940.91) -7% Unrealized Inv.Gain(Loss) (9,468.95) 0.00 0.00 9,468.95 N/A 15,574.01 (25,042.96) -161% Transfers in Transfer from Other Funds 0.00 1,305,156.00 1,305,156.00 1,305,156.00 0% 0.00 0.00 N/A TOTAL REVENUES 53,202.48 4,859,709.00 4,859,709.00 4,806,506.52 1% 47,383.33 5,819.15 12% Expenditures Debt Service Bond Principal 0.00 4,205,000.00 4,205,000.00 4,205,000.00 0% 0.00 0.00 N/A Bond Interest and Other 0.00 860,082.00 860,082.00 860,082.00 0% 0.00 0.00 N/A Other Debt Service Expenses 0.00 6,510.00 6,510.00 6,510.00 0% 0.00 0.00 N/A Transfers to Other Funds 0.00 38,568 38,568.00 38,568.00 0% 0.00 0.00 N/A TOTAL EXPENDITURES 0.00 5,110,160.00 5,110,160.00 5,110,160.00 0% 0.00 0.00 N/A Fund Group - DEBT SERVICE FUNDS: TOTAL REVENUES 53,202.48 4,859,709.00 4,859,709.00 4,806,506.52 1% 47,383.33 5,819.15 12% TOTAL EXPENDITURES 0.00 5,110,160.00 5,110,160.00 5,110,160.00 0% 0.00 0.00 N/A NET OF REVENUES & EXPENDITURES 53,202.48 (250,451.00) (250,451.00) (303,653.48) 47,383.33 5,819.15 COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Cable Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Interest (losses) on investments 210-00000.00-36210.00 Interest Earnings 907.60 0.00 0.00 (907.60)N/A 869.93 37.67 4% 210-00000.00-36225.00 Unrealized Inv.Gain(Loss)(352.33)0.00 0.00 352.33 N/A 523.08 (875.41)-167% Interest (losses) on investments 555.27 0.00 0.00 (555.27)N/A 1,393.01 (837.74)-60% Charges for Services 210-41340.00-34304.00 PEG Access Fees 0.00 12,000.00 12,000.00 12,000.00 0%0.00 0.00 N/A Charges for Services 0.00 12,000.00 12,000.00 12,000.00 0%0.00 0.00 N/A TOTAL REVENUES 555.27 12,000.00 12,000.00 11,444.73 5%1,393.01 (837.74)-60% Expenditures Current Expenditures 210-41340.00-52400.20 Small Equipment - Technology 0.00 0.00 0.00 0.00 N/A 10,726.03 (10,726.03)-100% 210-41340.00-54020.00 Software Service Contract 0.00 3,700.00 3,700.00 3,700.00 0%0.00 0.00 N/A Current Expenditures 0.00 3,700.00 3,700.00 3,700.00 0%10,726.03 (10,726.03)-100% TOTAL EXPENDITURES 0.00 3,700.00 3,700.00 3,700.00 0%10,726.03 (10,726.03)-100% Fund 210 - CABLE FRANCHISE FUND: TOTAL REVENUES 555.27 12,000.00 12,000.00 11,444.73 5%1,393.01 (837.74)-60% TOTAL EXPENDITURES 0.00 3,700.00 3,700.00 3,700.00 0%10,726.03 (10,726.03)-100% NET OF REVENUES & EXPENDITURES 555.27 8,300.00 8,300.00 7,744.73 (9,333.02)9,888.29 COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Capital Park Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Charges for Services 225-45200.00-34760.01 Facility Rental - Regular 11,368.08 30,267.00 30,267.00 18,898.92 38% 43,498.08 (32,130.00) -74% 225-45200.00-34791.00 Dedication Fees 438,750.00 187,500.00 187,500.00 (251,250.00) 234% 12,060.00 426,690.00 3538% Charges for Services 450,118.08 217,767.00 217,767.00 (232,351.08) 207% 55,558.08 394,560.00 710% Interest (losses) on investments 225-00000.00-36210.00 Interest Earnings 7,617.51 41,400.00 41,400.00 33,782.49 18% 12,226.55 (4,609.04) -38% 225-00000.00-36225.00 Unrealized Inv.Gain(Loss) (3,468.54) 0.00 0.00 3,468.54 N/A 7,325.81 (10,794.35) -147% Interest (losses) on investments 4,148.97 41,400.00 41,400.00 37,251.03 10% 19,552.36 (15,403.39) -79% TOTAL REVENUES 454,267.05 259,167.00 259,167.00 (195,100.05) 175% 75,110.44 379,156.61 505% Expenditures Current Expenditures 225-45200.00-53100.80 Professional Services - General 0.00 5,600.00 5,600.00 5,600.00 0% 0.00 0.00 N/A Current Expenditures 0.00 5,600.00 5,600.00 5,600.00 0% 0.00 0.00 N/A Capital Outlay 225-45200.00-55050.00-PRK23-000001 Projects - Professional Services 0.00 0.00 0.00 0.00 N/A 1,499.00 (1,499.00) -100% 225-45200.00-55050.00-PRK24-000001 Projects - Professional Services 4,508.75 0.00 0.00 (4,508.75) N/A 14,069.00 (9,560.25) -68% Capital Outlay 4,508.75 0.00 0.00 (4,508.75) N/A 15,568.00 (11,059.25) -71% TOTAL EXPENDITURES 4,508.75 5,600.00 5,600.00 1,091.25 81% 15,568.00 (11,059.25) -71% Fund 225 - CAPITAL PARK FUND: TOTAL REVENUES 454,267.05 259,167.00 259,167.00 (195,100.05) 175% 75,110.44 379,156.61 505% TOTAL EXPENDITURES 4,508.75 5,600.00 5,600.00 1,091.25 81% 15,568.00 (11,059.25) -71% NET OF REVENUES & EXPENDITURES 449,758.30 253,567.00 253,567.00 (196,191.30) 59,542.44 390,215.86 COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Revolving Equipment Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Taxes 410-00000.00-31010.00 Current Property Taxes - General Purpos 0.00 925,000.00 925,000.00 925,000.00 0% 0.00 0.00 N/A Taxes 0.00 925,000.00 925,000.00 925,000.00 0% 0.00 0.00 N/A Interest (losses) on investments 410-00000.00-36210.00 Interest Earnings 3,782.47 14,000.00 14,000.00 10,217.53 27% 3,856.13 (73.66) -2% 410-00000.00-36225.00 Unrealized Inv.Gain(Loss) (1,421.99) 0.00 0.00 1,421.99 N/A 2,137.34 (3,559.33) -167% Interest (losses) on investments 2,360.48 14,000.00 14,000.00 11,639.52 17% 5,993.47 (3,632.99) -61% Transfers in 410-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 0.00 0.00 N/A 132,896.50 (132,896.50) -100% Transfers in 0.00 0.00 0.00 0.00 N/A 132,896.50 (132,896.50) -100% Sale of assets 410-00000.00-39102.00 Sale of Property 17,111.25 0.00 0.00 (17,111.25) N/A 41,405.18 (24,293.93) -59% Sale of assets 17,111.25 0.00 0.00 (17,111.25) N/A 41,405.18 (24,293.93) -59% TOTAL REVENUES 19,471.73 939,000.00 939,000.00 919,528.27 2% 180,295.15 (160,823.42) -89% Expenditures Function: Public Safety 410-42100.00-55550.00 Vehicles 137,680.07 186,000.00 186,000.00 48,319.93 74% 136,780.84 899.23 1% 410-42100.00-55570.00 Machinery and Equipment 0.00 170,000.00 170,000.00 170,000.00 0% 0.00 0.00 N/A 410-42200.00-55550.00 Vehicles 0.00 70,000.00 70,000.00 70,000.00 0% 0.00 0.00 N/A 410-42500.00-55570.00 Machinery and Equipment 0.00 46,600.00 46,600.00 46,600.00 0% 0.00 0.00 N/A Total - Function Public Safety 137,680.07 472,600.00 472,600.00 334,919.93 29% 136,780.84 899.23 1% Function: Public Works 410-43100.00-55570.00 Machinery and Equipment 296,898.46 843,000.00 843,000.00 546,101.54 35% 547,493.47 (250,595.01) -46% 410-43400.00-55550.00 Vehicles 0.00 20,000.00 20,000.00 20,000.00 0% 0.00 0.00 N/A Total - Function Public Works 296,898.46 863,000.00 863,000.00 566,101.54 34% 547,493.47 (250,595.01) -46% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Revolving Equipment Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Function: Culture and Recreation 410-45200.00-55550.00 Vehicles 117,491.87 0.00 0.00 (117,491.87) N/A 0.00 117,491.87 N/A 410-45200.00-55570.00 Machinery and Equipment 83,538.74 327,000.00 327,000.00 243,461.26 26% 29,403.45 54,135.29 184% Total - Function Culture and Recreation 201,030.61 327,000.00 327,000.00 125,969.39 61% 29,403.45 171,627.16 584% TOTAL EXPENDITURES 635,609.14 1,662,600.00 1,662,600.00 1,026,990.86 38% 713,677.76 (78,068.62) -11% Fund 410 - REVOLVING EQUIPMENT FUND: TOTAL REVENUES 19,471.73 939,000.00 939,000.00 919,528.27 2% 180,295.15 (160,823.42) -89% TOTAL EXPENDITURES 635,609.14 1,662,600.00 1,662,600.00 1,026,990.86 38% 713,677.76 (78,068.62) -11% NET OF REVENUES & EXPENDITURES (616,137.41) (723,600.00) (723,600.00) (107,462.59) (533,382.61) (82,754.80) City of Prior Lake Revolving Park Equipment Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Taxes 430-00000.00-31010.00 Current Property Taxes - General Purpos 0.00 595,000.00 595,000.00 595,000.00 0% 0.00 0.00 N/A Taxes 0.00 595,000.00 595,000.00 595,000.00 0% 0.00 0.00 N/A Intergovernmental 430-00000.00-33160.20 Fed Aids/Grants - Capital Grants 0.00 212,500.00 212,500.00 212,500.00 0% 0.00 0.00 N/A 430-45200.00-33700.20 Miscellaneous Grants - Capital Grants 2,000.00 0.00 0.00 (2,000.00) N/A 0.00 2,000.00 N/A Intergovernmental 2,000.00 212,500.00 212,500.00 210,500.00 1% 0.00 2,000.00 N/A Interest (losses) on investments 430-00000.00-36210.00 Interest Earnings 3,925.56 28,200.00 28,200.00 24,274.44 14% 10,011.09 (6,085.53) -61% 430-00000.00-36225.00 Unrealized Inv.Gain(Loss) (1,523.01) 0.00 0.00 1,523.01 N/A 5,970.44 (7,493.45) -126% Interest (losses) on investments 2,402.55 28,200.00 28,200.00 25,797.45 9% 15,981.53 (13,578.98) -85% Miscellaneous Revenues 430-45200.00-36230.00 Contributions & Donations 0.00 170,000.00 170,000.00 170,000.00 0% 0.00 0.00 N/A Miscellaneous Revenues 0.00 170,000.00 170,000.00 170,000.00 0% 0.00 0.00 N/A TOTAL REVENUES 4,402.55 1,005,700.00 1,005,700.00 1,001,297.45 0% 15,981.53 (11,578.98) -72% Expenditures Function: Culture and Recreation 430-45200.00-53100.80 Professional Services - General 0.00 0.00 0.00 0.00 N/A 506.25 (506.25) -100% 430-45200.00-55050.00-PRK25-000001 Projects - Professional Services 0.00 0.00 0.00 0.00 N/A 14,842.00 (14,842.00) -100% 430-45200.00-55530.00 Infrastructure 8,281.60 870,000.00 870,000.00 861,718.40 1% 0.00 8,281.60 N/A Total - Function Culture and Recreation 8,281.60 870,000.00 870,000.00 861,718.40 1% 15,348.25 (7,066.65) -46% TOTAL EXPENDITURES 8,281.60 870,000.00 870,000.00 861,718.40 1% 15,348.25 (7,066.65) -46% Fund 430 - REVOLVING PARK EQUIP FUND: TOTAL REVENUES 4,402.55 1,005,700.00 1,005,700.00 1,001,297.45 0% 15,981.53 (11,578.98) -72% TOTAL EXPENDITURES 8,281.60 870,000.00 870,000.00 861,718.40 1% 15,348.25 (7,066.65) -46% NET OF REVENUES & EXPENDITURES (3,879.05) 135,700.00 135,700.00 139,579.05 633.28 (4,512.33) COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Facilities Management Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Function: General Government Taxes 440-00000.00-31010.00 Current Property Taxes - General Purpos 0.00 305,000.00 305,000.00 305,000.00 0% 0.00 0.00 N/A Taxes 0.00 305,000.00 305,000.00 305,000.00 0% 0.00 0.00 N/A Interest (losses) on investments 440-00000.00-36210.00 Interest Earnings 4,783.59 28,700.00 28,700.00 23,916.41 17% 6,995.07 (2,211.48) -32% 440-00000.00-36225.00 Unrealized Inv.Gain(Loss) (1,720.52) 0.00 0.00 1,720.52 N/A 3,914.53 (5,635.05) -144% Interest (losses) on investments 3,063.07 28,700.00 28,700.00 25,636.93 11% 10,909.60 (7,846.53) -72% Debt Issued 440-00000.00-39310.00 G.O. Bond Proceeds 0.00 1,545,000.00 1,545,000.00 1,545,000.00 0% 0.00 0.00 N/A Debt Issued 0.00 1,545,000.00 1,545,000.00 1,545,000.00 0% 0.00 0.00 N/A Transfers in 440-00000.00-39203.00 Transfer from Other Funds 0.00 60,000.00 60,000.00 60,000.00 0% 0.00 0.00 N/A Transfers in 0.00 60,000.00 60,000.00 60,000.00 0% 0.00 0.00 N/A Total - Function General Government 3,063.07 1,938,700.00 1,938,700.00 1,935,636.93 0% 10,909.60 (7,846.53) -72% TOTAL REVENUES 3,063.07 1,938,700.00 1,938,700.00 1,935,636.93 0% 10,909.60 (7,846.53) -72% Expenditures Function: General Government Current Expenditures 440-41940.00-52200.02-FAC24-000002 Repair & Maint Supplies - Building 0.00 0.00 0.00 0.00 N/A 13,108.76 (13,108.76) -100% 440-41940.00-53100.80-FAC24-000002 Professional Services - General 0.00 0.00 0.00 0.00 N/A 1,119.51 (1,119.51) -100% 440-41940.00-54010.02 Maint Agreements 0.00 12,000.00 12,000.00 12,000.00 0% 0.00 0.00 N/A Current Expenditures 0.00 12,000.00 12,000.00 12,000.00 0% 14,228.27 (14,228.27) -100% Interest and Other 440-41940.00-55070.00 Projects - Bond Issuance Costs 0.00 45,000.00 45,000.00 45,000.00 0% 0.00 0.00 N/A Interest and Other 0.00 45,000.00 45,000.00 45,000.00 0% 0.00 0.00 N/A Capital Outlay 440-41940.00-55050.00 Projects - Professional Services 12,728.06 0.00 0.00 (12,728.06) N/A 15,094.59 (2,366.53) -16% 440-41940.00-55520.00 Building & Building Improvements 0.00 435,000.00 435,000.00 435,000.00 0% 44,254.65 (44,254.65) -100% Capital Outlay 12,728.06 435,000.00 435,000.00 422,271.94 3% 59,349.24 (46,621.18) -79% Total - Function General Government 12,728.06 492,000.00 492,000.00 479,271.94 3% 73,577.51 (60,849.45) -83% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Facilities Management Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Function: Public Safety Capital Outlay 440-42100.00-55520.00 Building & Building Improvements 0.00 348,000.00 348,000.00 348,000.00 0% 0.00 0.00 N/A 440-42200.00-55520.00 Building & Building Improvements 24,482.64 70,000.00 70,000.00 45,517.36 35% 0.00 24,482.64 N/A Capital Outlay 24,482.64 418,000.00 418,000.00 393,517.36 6% 0.00 24,482.64 N/A Total - Function Public Safety 24,482.64 418,000.00 418,000.00 393,517.36 6% 0.00 24,482.64 Function: Public Works Capital Outlay 440-43100.00-55520.00 Building & Building Improvements 0.00 103,000.00 103,000.00 103,000.00 0% 0.00 0.00 N/A Capital Outlay 0.00 103,000.00 103,000.00 103,000.00 0% 0.00 0.00 N/A Total - Function Public Works 0.00 103,000.00 103,000.00 103,000.00 0% 0.00 0.00 N/A Function: Culture and Recreation Capital Outlay 440-45200.00-55520.00 Building & Building Improvements 0.00 125,000.00 125,000.00 125,000.00 0% 0.00 0.00 N/A 440-45500.00-55050.00 Projects - Professional Services 0.00 200,000.00 200,000.00 200,000.00 0% 0.00 0.00 N/A 440-45500.00-55520.00 Building & Building Improvements 26.75 0.00 0.00 (26.75) N/A 0.00 26.75 N/A Capital Outlay 26.75 325,000.00 325,000.00 324,973.25 0% 0.00 26.75 N/A Total - Function Culture and Recreation 26.75 325,000.00 325,000.00 324,973.25 0% 0.00 26.75 N/A TOTAL EXPENDITURES 37,237.45 1,338,000.00 1,338,000.00 1,300,762.55 3% 73,577.51 (36,340.06) -49% Fund 440 - FACILITIES MANAGEMENT FUND: TOTAL REVENUES 3,063.07 1,938,700.00 1,938,700.00 1,935,636.93 0% 10,909.60 (7,846.53) -72% TOTAL EXPENDITURES 37,237.45 1,338,000.00 1,338,000.00 1,300,762.55 3% 73,577.51 (36,340.06) -49% NET OF REVENUES & EXPENDITURES (34,174.38) 600,700.00 600,700.00 634,874.38 (62,667.91) 28,493.53 City of Prior Lake Permanent Improvement Revolving Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND Revenues Special Assessments 450-00000.00-36101.00 City Assess. Collections 36,118.95 0.00 0.00 (36,118.95) N/A 5,539.99 30,578.96 552% 450-00000.00-36102.00 County Assess. Collection 0.00 244,846.00 244,846.00 244,846.00 0% 0.00 0.00 N/A Special Assessments 36,118.95 244,846.00 244,846.00 208,727.05 15% 5,539.99 30,578.96 552% Interest (losses) on investments 450-00000.00-36210.00 Interest Earnings 10,565.73 26,100.00 26,100.00 15,534.27 40% 8,306.02 2,259.71 27% 450-00000.00-36225.00 Unrealized Inv.Gain(Loss) (4,193.61) 0.00 0.00 4,193.61 N/A 5,210.27 (9,403.88) -180% Interest (losses) on investments 6,372.12 26,100.00 26,100.00 19,727.88 24% 13,516.29 (7,144.17) -53% Debt Issued 450-00000.00-39310.00 G.O. Bond Proceeds 0.00 230,000.00 230,000.00 230,000.00 0% 0.00 0.00 N/A Debt Issued 0.00 230,000.00 230,000.00 230,000.00 0% 0.00 0.00 N/A TOTAL REVENUES 42,491.07 500,946.00 500,946.00 458,454.93 8% 19,056.28 23,434.79 123% Expenditures Capital Outlay 450-43100.00-55020.00-PIR24-000001 Projects - Engineering 0.00 0.00 0.00 0.00 N/A 7,161.67 (7,161.67) -100% 450-43100.00-55530.00 Infrastructure 0.00 1,167,000.00 1,167,000.00 1,167,000.00 0% 0.00 0.00 N/A Capital Outlay 0.00 1,167,000.00 1,167,000.00 1,167,000.00 0% 7,161.67 (7,161.67) -100% Interest and Other 450-43100.00-55070.00 Projects - Bond Issuance Costs 0.00 8,000.00 8,000.00 8,000.00 0% 0.00 0.00 N/A Interest and Other 0.00 8,000.00 8,000.00 8,000.00 0% 0.00 0.00 N/A Transfers out 450-80000.00-59203.00 Transfers to Other Funds 0.00 371,250.00 371,250.00 371,250.00 0% 0.00 0.00 N/A Transfers out 0.00 371,250.00 371,250.00 371,250.00 0% 0.00 0.00 N/A TOTAL EXPENDITURES 0.00 1,546,250.00 1,546,250.00 1,546,250.00 0% 7,161.67 (7,161.67) -100% Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND: TOTAL REVENUES 42,491.07 500,946.00 500,946.00 458,454.93 8% 19,056.28 23,434.79 123% TOTAL EXPENDITURES 0.00 1,546,250.00 1,546,250.00 1,546,250.00 0% 7,161.67 (7,161.67) -100% NET OF REVENUES & EXPENDITURES 42,491.07 (1,045,304.00) (1,045,304.00) (1,087,795.07) 11,894.61 30,596.46 COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Water Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Operating Revenue 601-49400.00-33422.15 State Aids/Grants - Operating Public Wor 1,680.00 0.00 0.00 (1,680.00) N/A 237.62 1,442.38 607% 601-49400.00-37100.00 Utility Receipts - Water 147,579.94 4,117,125.00 4,117,125.00 3,969,545.06 4% 141,180.93 6,399.01 5% 601-49400.00-37106.00 Spring Lake Township Utility Surcharge 1,496.64 0.00 0.00 (1,496.64) N/A 0.00 1,496.64 N/A 601-49400.00-37110.00 Utility Base Fee Revenue 92,752.73 1,468,569.00 1,468,569.00 1,375,816.27 6% 88,324.54 4,428.19 5% 601-49400.00-37160.00 Penalties 1,582.83 10,000.00 10,000.00 8,417.17 16% 1,634.01 (51.18) -3% 601-49400.00-37170.00 Water Meter Sales 15,281.67 50,725.00 50,725.00 35,443.33 30% 7,474.33 7,807.34 104% 601-49400.00-37175.00 Pressure Reducers 4,327.44 12,900.00 12,900.00 8,572.56 34% 2,107.20 2,220.24 105% Operating Revenue 264,701.25 5,659,319.00 5,659,319.00 5,394,617.75 5% 240,958.63 23,742.62 10% Non-Operating Revenue 601-00000.00-36210.00 Interest Earnings 81,737.41 237,900.00 237,900.00 156,162.59 34% 78,198.84 3,538.57 5% 601-00000.00-36212.00 Miscellaneous Revenue 120.00 0.00 0.00 (120.00) N/A 85.00 35.00 41% 601-00000.00-36225.00 Unrealized Inv.Gain(Loss) (31,106.46) 0.00 0.00 31,106.46 N/A 47,456.95 (78,563.41) -166% Non-Operating Revenue 50,750.95 237,900.00 237,900.00 187,149.05 21% 125,740.79 (74,989.84) -60% Other Financing Sources 601-00000.00-39102.00 Sale of Property 32,407.09 0.00 0.00 (32,407.09) N/A 0.00 32,407.09 N/A Other Financing Sources 32,407.09 0.00 0.00 (32,407.09) N/A 0.00 32,407.09 N/A TOTAL REVENUES 347,859.29 5,897,219.00 5,897,219.00 5,549,359.71 6% 366,699.42 (18,840.13) -5% Expenditures Personnel 601-41520.00-51100.01 Wages - Full Time 13,345.27 76,092.00 76,092.00 62,746.73 18% 12,755.25 590.02 5% 601-41520.00-51110.01 Overtime - Full Time 0.00 1,000.00 1,000.00 1,000.00 0% 0.00 0.00 N/A 601-41520.00-51400.00 Compensated Absences 100.15 571.00 571.00 470.85 18% 95.73 4.42 5% 601-41520.00-51450.00 Social Security Contributions 811.01 4,780.00 4,780.00 3,968.99 17% 782.24 28.77 4% 601-41520.00-51451.00 Medicare Contributions 189.71 1,118.00 1,118.00 928.29 17% 183.04 6.67 4% 601-41520.00-51460.00 PERA Contributions 1,000.90 5,707.00 5,707.00 4,706.10 18% 956.66 44.24 5% 601-41520.00-51463.00 MN Paid Leave Contributions 61.00 339.00 339.00 278.00 18% 0.00 61.00 N/A 601-41520.00-51470.00 Health Insurance 3,077.76 11,521.00 11,521.00 8,443.24 27% 2,684.00 393.76 15% 601-41520.00-51472.00 Retiree HCSP Contributions 75.12 300.00 300.00 224.88 25% 75.14 (0.02) 0% 601-41520.00-51473.00 Dental Insurance 129.01 516.00 516.00 386.99 25% 124.53 4.48 4% 601-41520.00-51474.00 Life Insurance 14.82 68.00 68.00 53.18 22% 14.84 (0.02) 0% 601-41520.00-51477.00 Workers Compensation Insurance 30.54 211.00 211.00 180.46 14% 39.19 (8.65) -22% 601-49400.00-51100.01 Wages - Full Time 158,461.22 953,703.00 953,703.00 795,241.78 17% 134,140.55 24,320.67 18% 601-49400.00-51110.01 Overtime - Full Time 9,951.55 24,000.00 24,000.00 14,048.45 41% 6,375.79 3,575.76 56% 601-49400.00-51208.01 Sick Leave - Buy Down 0.00 1,545.00 1,545.00 1,545.00 0% 0.00 0.00 N/A 601-49400.00-51301.00 Accrued Comp Time 10,706.56 0.00 0.00 (10,706.56) N/A 8,731.94 1,974.62 23% 601-49400.00-51400.00 Compensated Absences 1,234.86 7,153.00 7,153.00 5,918.14 17% 1,013.68 221.18 22% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Water Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR 601-49400.00-51450.00 Social Security Contributions 10,295.88 60,713.00 60,713.00 50,417.12 17% 8,543.47 1,752.41 21% 601-49400.00-51451.00 Medicare Contributions 2,408.04 14,199.00 14,199.00 11,790.96 17% 1,998.10 409.94 21% 601-49400.00-51460.00 PERA Contributions 12,186.56 73,328.00 73,328.00 61,141.44 17% 10,538.77 1,647.79 16% 601-49400.00-51463.00 MN Paid Leave Contributions 760.67 4,309.00 4,309.00 3,548.33 18% 0.00 760.67 N/A 601-49400.00-51470.00 Health Insurance 28,646.76 132,285.00 132,285.00 103,638.24 22% 23,442.80 5,203.96 22% 601-49400.00-51472.00 Retiree HCSP Contributions 698.79 3,315.00 3,315.00 2,616.21 21% 604.08 94.71 16% 601-49400.00-51473.00 Dental Insurance 1,092.00 4,818.00 4,818.00 3,726.00 23% 893.95 198.05 22% 601-49400.00-51474.00 Life Insurance 143.65 656.00 656.00 512.35 22% 131.63 12.02 9% 601-49400.00-51477.00 Workers Compensation Insurance 2,016.72 15,527.00 15,527.00 13,510.28 13% 2,602.61 (585.89) -23% Personnel 257,438.55 1,397,774.00 1,397,774.00 1,140,335.45 18% 216,727.99 40,710.56 19% Current Expenditures 601-41520.00-52010.00 Office Supplies 0.00 500.00 500.00 500.00 0% 0.00 0.00 N/A 601-41520.00-52400.10 Small Equipment - General 0.00 500.00 500.00 500.00 0% 0.00 0.00 N/A 601-41520.00-53100.80 Professional Services - General 700.00 2,000.00 2,000.00 1,300.00 35% 0.00 700.00 N/A 601-41520.00-53120.10 Bank Service Fees 3,117.07 15,000.00 15,000.00 11,882.93 21% 3,373.28 (256.21) -8% 601-41520.00-53220.00 Postage/Shipping 3,791.76 12,000.00 12,000.00 8,208.24 32% 3,877.29 (85.53) -2% 601-41520.00-53310.10 Training and Employee Development 0.00 200.00 200.00 200.00 0% 0.00 0.00 N/A 601-41520.00-53430.00 Printing Services 623.25 3,000.00 3,000.00 2,376.75 21% 1,842.96 (1,219.71) -66% 601-41520.00-54020.00 Software Service Contract 0.00 16,250.00 16,250.00 16,250.00 0% 0.00 0.00 N/A 601-49400.00-52010.00 Office Supplies 1,482.66 6,000.00 6,000.00 4,517.34 25% 1,228.53 254.13 21% 601-49400.00-52050.00 Operating Supplies 365.87 2,000.00 2,000.00 1,634.13 18% 37.97 327.90 864% 601-49400.00-52051.00 Fuel 1,740.21 17,000.00 17,000.00 15,259.79 10% 1,388.09 352.12 25% 601-49400.00-52053.00 Chemicals 22,163.21 200,000.00 200,000.00 177,836.79 11% 17,578.72 4,584.49 26% 601-49400.00-52055.00 Uniforms/Personal Protective Equipment 1,200.90 4,175.00 4,175.00 2,974.10 29% 581.84 619.06 106% 601-49400.00-52200.02 Repair & Maint Supplies - Building 8,871.39 20,000.00 20,000.00 11,128.61 44% 5,101.86 3,769.53 74% 601-49400.00-52200.61 Repair & Maint Supplies Wells 120.64 15,000.00 15,000.00 14,879.36 1% 689.25 (568.61) -82% 601-49400.00-52200.62 Repair & Maint Supplies Water Treatment 11,145.84 51,000.00 51,000.00 39,854.16 22% 3,495.24 7,650.60 219% 601-49400.00-52200.63 Repair & Maint Supplies Water Distrib 3,272.69 103,000.00 103,000.00 99,727.31 3% 11,571.56 (8,298.87) -72% 601-49400.00-52400.10 Small Equipment - General 1,061.92 12,500.00 12,500.00 11,438.08 8% 355.59 706.33 199% 601-49400.00-52400.30 Small Equipment - Safety 2,272.52 7,000.00 7,000.00 4,727.48 32% 0.00 2,272.52 N/A 601-49400.00-52500.20 Water Meters 14,879.28 140,000.00 140,000.00 125,120.72 11% 22,730.52 (7,851.24) -35% 601-49400.00-53100.20 Professional Services - Engineering 645.76 40,000.00 40,000.00 39,354.24 2% 1,938.05 (1,292.29) -67% 601-49400.00-53100.70 Professional Services - Water Testing 601.80 31,500.00 31,500.00 30,898.20 2% 297.90 303.90 102% 601-49400.00-53100.80 Professional Services - General 0.00 7,500.00 7,500.00 7,500.00 0% 3,500.00 (3,500.00) -100% 601-49400.00-53210.00 Telecommunications 2,850.51 16,000.00 16,000.00 13,149.49 18% 2,590.49 260.02 10% 601-49400.00-53230.00 Telecommunications Equipment 266.00 20,000.00 20,000.00 19,734.00 1% 233.60 32.40 14% 601-49400.00-53310.10 Training and Employee Development 6,022.39 23,000.00 23,000.00 16,977.61 26% 4,182.80 1,839.59 44% 601-49400.00-53610.00 Insurance - Gen Liability 1,739.88 7,240.00 7,240.00 5,500.12 24% 1,723.75 16.13 1% 601-49400.00-53630.00 Insurance - Auto 271.94 1,156.00 1,156.00 884.06 24% 272.62 (0.68) 0% 601-49400.00-53810.00 Utilities - Electric 43,459.31 210,350.00 210,350.00 166,890.69 21% 40,814.11 2,645.20 6% 601-49400.00-53820.00 Utilities - Gas 24,287.55 61,495.00 61,495.00 37,207.45 39% 21,348.16 2,939.39 14% 601-49400.00-53830.00 Utilities - Refuse Disposal 504.80 1,000.00 1,000.00 495.20 50% 0.00 504.80 N/A 601-49400.00-53860.00 Utilities - Water 85,720.40 800,000.00 800,000.00 714,279.60 11% 49,939.60 35,780.80 72% City of Prior Lake Water Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR 601-49400.00-54010.02 Maint Agreements - Buildings 12,839.13 76,000.00 76,000.00 63,160.87 17% 8,651.60 4,187.53 48% 601-49400.00-54010.05 Maint Agreements - Cleaning 3,740.67 20,000.00 20,000.00 16,259.33 19% 2,838.00 902.67 32% 601-49400.00-54010.61 Maint Agreements Wells 2,678.18 50,000.00 50,000.00 47,321.82 5% 0.00 2,678.18 N/A 601-49400.00-54010.62 Maint Agreements Water Treatment 25,344.31 90,000.00 90,000.00 64,655.69 28% 21,403.26 3,941.05 18% 601-49400.00-54010.63 Maint Agreements Water Distrib 2,058.58 280,000.00 280,000.00 277,941.42 1% 19,324.77 (17,266.19) -89% 601-49400.00-54020.00 Software Service Contract 4,663.57 42,050.00 42,050.00 37,386.43 11% 4,389.28 274.29 6% 601-49400.00-54200.00 Depreciation 0.00 0.00 0.00 0.00 N/A 3,060.02 (3,060.02) -100% 601-49400.00-54310.00 Memberships and Subscriptions 437.75 4,250.00 4,250.00 3,812.25 10% 0.00 437.75 N/A 601-49400.00-54320.00 Miscellaneous Expense 1,126.45 5,000.00 5,000.00 3,873.55 23% 1,494.00 (367.55) -25% Current Expenditures 296,068.19 2,413,666.00 2,413,666.00 2,117,597.81 12% 261,854.71 34,213.48 13% Principal 601-49400.00-56010.00 Bond Principal 0.00 140,000.00 140,000.00 140,000.00 0% 0.00 0.00 N/A Principal 0.00 140,000.00 140,000.00 140,000.00 0% 0.00 0.00 N/A Interest 601-49400.00-56110.00 Bond Interest 0.00 22,500.00 22,500.00 22,500.00 0% 0.00 0.00 N/A Interest 0.00 22,500.00 22,500.00 22,500.00 0% 0.00 0.00 N/A Capital Outlay 601-49400.00-55520.00 Building & Building Improvements 0.00 191,000.00 191,000.00 191,000.00 0% 0.00 0.00 N/A 601-49400.00-55530.00 Infrastructure 15,261.90 1,995,000.00 1,995,000.00 1,979,738.10 1% 0.00 15,261.90 N/A 601-49400.00-55570.00 Machinery and Equipment 0.00 300,000.00 300,000.00 300,000.00 0% 9,993.00 (9,993.00) -100% 601-49400.00-55580.00 Software 0.00 0.00 0.00 0.00 N/A 9,600.96 (9,600.96) -100% Capital Outlay 15,261.90 2,486,000.00 2,486,000.00 2,470,738.10 1% 19,593.96 (4,332.06) -22% Other Financing Uses 601-80000.00-59203.00 Transfers to Other Funds 67,500.00 1,929,450.00 1,929,450.00 1,861,950.00 3% 62,750.00 4,750.00 8% Other Financing Uses 67,500.00 1,929,450.00 1,929,450.00 1,861,950.00 3% 62,750.00 4,750.00 8% TOTAL EXPENDITURES 636,268.64 8,389,390.00 8,389,390.00 7,753,121.36 8% 560,926.66 75,341.98 13% Fund 601 - WATER FUND: TOTAL REVENUES 347,859.29 5,897,219.00 5,897,219.00 5,549,359.71 6% 366,699.42 (18,840.13) -5% TOTAL EXPENDITURES 636,268.64 8,389,390.00 8,389,390.00 7,753,121.36 8% 560,926.66 75,341.98 13% NET OF REVENUES & EXPENDITURES (288,409.35) (2,492,171.00) (2,492,171.00) (2,203,761.65) (194,227.24) (94,182.11) City of Prior Lake Sewer Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Operating Revenue 604-49450.00-37102.00 Utility Receipts - Sewer (89,935.48) 2,355,762.00 2,355,762.00 2,445,697.48 -4% (92,580.87) 2,645.39 -3% 604-49450.00-37104.00 Utility Recpt-Sewer MCES 334,201.56 2,117,886.00 2,117,886.00 1,783,684.44 16% 316,176.17 18,025.39 6% 604-49450.00-37106.00 Spring Lake Township Utility Surcharge 1,496.13 0.00 0.00 (1,496.13) N/A 0.00 1,496.13 N/A 604-49450.00-37110.00 Utility Base Fee Revenue 80,463.75 1,527,666.00 1,527,666.00 1,447,202.25 5% 75,368.98 5,094.77 7% 604-49450.00-37160.00 Penalties 1,100.29 6,000.00 6,000.00 4,899.71 18% 1,229.27 (128.98) -10% Operating Revenue 327,326.25 6,007,314.00 6,007,314.00 5,679,987.75 5% 300,193.55 27,132.70 9% Non-Operating Revenue 604-00000.00-36210.00 Interest Earnings 38,328.68 119,500.00 119,500.00 81,171.32 32% 38,899.77 (571.09) -1% 604-00000.00-36225.00 Unrealized Inv.Gain(Loss) (14,177.14) 0.00 0.00 14,177.14 N/A 24,230.75 (38,407.89) -159% Non-Operating Revenue 24,151.54 119,500.00 119,500.00 95,348.46 20% 63,130.52 (38,978.98) -62% TOTAL REVENUES 351,477.79 6,126,814.00 6,126,814.00 5,775,336.21 6% 363,324.07 (11,846.28) -3% Expenditures Personnel 604-41520.00-51100.01 Wages - Full Time 13,343.47 76,092.00 76,092.00 62,748.53 18% 12,753.78 589.69 5% 604-41520.00-51110.01 Overtime - Full Time 0.00 1,000.00 1,000.00 1,000.00 0% 0.00 0.00 N/A 604-41520.00-51400.00 Compensated Absences 100.05 571.00 571.00 470.95 18% 95.63 4.42 5% 604-41520.00-51450.00 Social Security Contributions 810.90 4,780.00 4,780.00 3,969.10 17% 782.02 28.88 4% 604-41520.00-51451.00 Medicare Contributions 189.63 1,118.00 1,118.00 928.37 17% 182.85 6.78 4% 604-41520.00-51460.00 PERA Contributions 1,000.73 5,707.00 5,707.00 4,706.27 18% 956.50 44.23 5% 604-41520.00-51463.00 MN Paid Leave Contributions 60.69 339.00 339.00 278.31 18% 0.00 60.69 N/A 604-41520.00-51470.00 Health Insurance 3,077.16 11,521.00 11,521.00 8,443.84 27% 2,683.24 393.92 15% 604-41520.00-51472.00 Retiree HCSP Contributions 74.88 300.00 300.00 225.12 25% 74.86 0.02 0% 604-41520.00-51473.00 Dental Insurance 128.81 516.00 516.00 387.19 25% 124.35 4.46 4% 604-41520.00-51474.00 Life Insurance 14.70 68.00 68.00 53.30 22% 14.68 0.02 0% 604-41520.00-51477.00 Workers Compensation Insurance 30.54 211.00 211.00 180.46 14% 39.19 (8.65) -22% 604-49450.00-51100.01 Wages - Full Time 71,913.60 506,462.00 506,462.00 434,548.40 14% 79,902.09 (7,988.49) -10% 604-49450.00-51110.01 Overtime - Full Time 2,119.67 30,000.00 30,000.00 27,880.33 7% 2,332.61 (212.94) -9% 604-49450.00-51301.00 Accrued Comp Time 5,233.66 0.00 0.00 (5,233.66) N/A 4,450.97 782.69 18% 604-49450.00-51400.00 Compensated Absences 549.77 3,798.00 3,798.00 3,248.23 14% 604.03 (54.26) -9% 604-49450.00-51450.00 Social Security Contributions 4,338.29 33,261.00 33,261.00 28,922.71 13% 4,769.45 (431.16) -9% 604-49450.00-51451.00 Medicare Contributions 1,014.32 7,779.00 7,779.00 6,764.68 13% 1,115.33 (101.01) -9% 604-49450.00-51460.00 PERA Contributions 5,115.65 40,235.00 40,235.00 35,119.35 13% 6,167.57 (1,051.92) -17% 604-49450.00-51463.00 MN Paid Leave Contributions 329.76 2,360.00 2,360.00 2,030.24 14% 0.00 329.76 N/A 604-49450.00-51470.00 Health Insurance 14,322.73 83,058.00 83,058.00 68,735.27 17% 15,466.40 (1,143.67) -7% 604-49450.00-51472.00 Retiree HCSP Contributions 359.78 1,854.00 1,854.00 1,494.22 19% 353.75 6.03 2% 604-49450.00-51473.00 Dental Insurance 455.66 2,646.00 2,646.00 2,190.34 17% 498.90 (43.24) -9% 604-49450.00-51474.00 Life Insurance 67.10 346.00 346.00 278.90 19% 72.32 (5.22) -7% 604-49450.00-51477.00 Workers Compensation Insurance 1,442.94 11,713.00 11,713.00 10,270.06 12% 1,935.43 (492.49) -25% Personnel 126,094.49 825,735.00 825,735.00 699,640.51 15% 135,375.95 (9,281.46) -7% COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Sewer Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Current Expenditures 604-41520.00-52010.00 Office Supplies 0.00 500.00 500.00 500.00 0% 0.00 0.00 N/A 604-41520.00-52400.10 Small Equipment - General 0.00 200.00 200.00 200.00 0% 0.00 0.00 N/A 604-41520.00-53100.80 Professional Services - General 700.00 2,000.00 2,000.00 1,300.00 35% 0.00 700.00 N/A 604-41520.00-53120.10 Bank Service Fees 3,117.06 15,000.00 15,000.00 11,882.94 21% 3,373.28 (256.22) -8% 604-41520.00-53220.00 Postage/Shipping 3,791.76 12,000.00 12,000.00 8,208.24 32% 3,877.29 (85.53) -2% 604-41520.00-53310.10 Training and Employee Development 0.00 200.00 200.00 200.00 0% 0.00 0.00 N/A 604-41520.00-53430.00 Printing Services 623.23 3,000.00 3,000.00 2,376.77 21% 1,842.94 (1,219.71) -66% 604-41520.00-54020.00 Software Service Contract 0.00 16,250.00 16,250.00 16,250.00 0% 0.00 0.00 N/A 604-49450.00-52010.00 Office Supplies 21.15 1,000.00 1,000.00 978.85 2% 283.30 (262.15) -93% 604-49450.00-52050.00 Operating Supplies 412.71 5,000.00 5,000.00 4,587.29 8% 186.95 225.76 121% 604-49450.00-52051.00 Fuel 1,740.21 17,000.00 17,000.00 15,259.79 10% 1,388.09 352.12 25% 604-49450.00-52055.00 Uniforms/Personal Protective Equipment 2,291.56 4,300.00 4,300.00 2,008.44 53% 822.59 1,468.97 179% 604-49450.00-52200.81 Repair & Maint Supplies Sewer Collection 412.52 35,000.00 35,000.00 34,587.48 1% 86.49 326.03 377% 604-49450.00-52200.82 Repair & Maint Supplies Lift Stations 8,801.45 45,000.00 45,000.00 36,198.55 20% 1,501.26 7,300.19 486% 604-49450.00-52400.10 Small Equipment - General 0.00 8,000.00 8,000.00 8,000.00 0% 0.00 0.00 N/A 604-49450.00-52400.30 Small Equipment - Safety 3,739.70 7,000.00 7,000.00 3,260.30 53% 0.00 3,739.70 N/A 604-49450.00-53100.20 Professional Services - Engineering 3,386.50 9,500.00 9,500.00 6,113.50 36% 192.25 3,194.25 1662% 604-49450.00-53100.80 Professional Services - General 0.00 7,500.00 7,500.00 7,500.00 0% 3,500.00 (3,500.00) -100% 604-49450.00-53210.00 Telecommunications 23,878.14 70,000.00 70,000.00 46,121.86 34% 21,542.43 2,335.71 11% 604-49450.00-53310.10 Training and Employee Development 2,902.01 17,500.00 17,500.00 14,597.99 17% 571.00 2,331.01 408% 604-49450.00-53610.00 Insurance - Gen Liability 1,739.88 7,240.00 7,240.00 5,500.12 24% 1,723.75 16.13 1% 604-49450.00-53630.00 Insurance - Auto 463.40 1,970.00 1,970.00 1,506.60 24% 464.56 (1.16) 0% 604-49450.00-53810.00 Utilities - Electric 21,833.35 83,480.00 83,480.00 61,646.65 26% 19,330.36 2,502.99 13% 604-49450.00-53900.00 MCES Installment 540,576.42 2,162,306.00 2,162,306.00 1,621,729.58 25% 522,550.14 18,026.28 3% 604-49450.00-54010.81 Maint Agreements Sewer Collection 0.00 130,000.00 130,000.00 130,000.00 0% 0.00 0.00 N/A 604-49450.00-54010.82 Maint Agreements Lift Stations 18,792.92 110,000.00 110,000.00 91,207.08 17% 16,044.92 2,748.00 17% 604-49450.00-54020.00 Software Service Contract 4,663.57 43,550.00 43,550.00 38,886.43 11% 4,389.28 274.29 6% 604-49450.00-54310.00 Memberships and Subscriptions 0.00 2,500.00 2,500.00 2,500.00 0% 0.00 0.00 N/A 604-49450.00-54320.00 Miscellaneous Expense 0.00 500.00 500.00 500.00 0% 0.00 0.00 N/A Current Expenditures 643,887.54 2,817,496.00 2,817,496.00 2,173,608.46 23% 603,670.88 40,216.66 7% City of Prior Lake Sewer Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR Principal 604-49450.00-56010.00 Bond Principal 0.00 140,000.00 140,000.00 140,000.00 0% 0.00 0.00 N/A Principal 0.00 140,000.00 140,000.00 140,000.00 0% 0.00 0.00 N/A Interest 604-49450.00-56110.00 Bond Interest 0.00 22,500.00 22,500.00 22,500.00 0% 0.00 0.00 N/A Interest 0.00 22,500.00 22,500.00 22,500.00 0% 0.00 0.00 N/A Capital Outlay 604-49450.00-55010.00 Projects - Contract Vouchers 0.00 0.00 0.00 0.00 N/A 6,938.75 (6,938.75) -100% 604-49450.00-55530.00 Infrastructure 595.64 468,000.00 468,000.00 467,404.36 0% 1,266.74 (671.10) -53% 604-49450.00-55570.00 Machinery and Equipment 0.00 720,000.00 720,000.00 720,000.00 0% 12,935.50 (12,935.50) -100% 604-49450.00-55580.00 Software 0.00 500,000.00 500,000.00 500,000.00 0% 0.00 0.00 N/A Capital Outlay 595.64 1,688,000.00 1,688,000.00 1,687,404.36 0% 21,140.99 (20,545.35) -97% Other Financing Uses 604-80000.00-59203.00 Transfers to Other Funds 67,000.00 1,041,000.00 1,041,000.00 974,000.00 6% 62,250.00 4,750.00 8% Other Financing Uses 67,000.00 1,041,000.00 1,041,000.00 974,000.00 6% 62,250.00 4,750.00 8% TOTAL EXPENDITURES 837,577.67 6,534,731.00 6,534,731.00 5,697,153.33 13% 822,437.82 15,139.85 2% Fund 604 - SEWER FUND: TOTAL REVENUES 351,477.79 6,126,814.00 6,126,814.00 5,775,336.21 6% 363,324.07 (11,846.28) -3% TOTAL EXPENDITURES 837,577.67 6,534,731.00 6,534,731.00 5,697,153.33 13% 822,437.82 15,139.85 2% NET OF REVENUES & EXPENDITURES (486,099.88) (407,917.00) (407,917.00) 78,182.88 (459,113.75) (26,986.13) City of Prior Lake Water Quality Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Operating Revenue 602-49420.00-37120.00 Storm Water Revenue 121,920.81 2,125,713.00 2,125,713.00 2,003,792.19 6% 117,936.78 3,984.03 3% 602-49420.00-37160.00 Penalties 365.44 1,500.00 1,500.00 1,134.56 24% 391.80 (26.36) -7% Operating Revenue 122,286.25 2,127,213.00 2,127,213.00 2,004,926.75 6% 118,328.58 3,957.67 3% Non-Operating Revenue 602-00000.00-36210.00 Interest Earnings 37,103.80 100,100.00 100,100.00 62,996.20 37% 42,180.33 (5,076.53) -12% 602-00000.00-36225.00 Unrealized Inv.Gain(Loss) (13,848.46) 0.00 0.00 13,848.46 N/A 21,218.80 (35,067.26) -165% 602-49420.00-32250.00 Wetland Conservation Act Fees 450.00 0.00 0.00 (450.00) N/A 0.00 450.00 N/A Non-Operating Revenue 23,705.34 100,100.00 100,100.00 76,394.66 24% 63,399.13 (39,693.79) -63% TOTAL REVENUES 145,991.59 2,227,313.00 2,227,313.00 2,081,321.41 7% 181,727.71 (35,736.12) -20% Expenditures Personnel 602-49420.00-51100.01 Wages - Full Time 50,881.69 331,251.00 331,251.00 280,369.31 15% 29,095.84 21,785.85 75% 602-49420.00-51110.01 Overtime - Full Time 3,560.86 4,000.00 4,000.00 439.14 89% 324.65 3,236.21 997% 602-49420.00-51301.00 Accrued Comp Time 1,602.27 0.00 0.00 (1,602.27) N/A 902.80 699.47 77% 602-49420.00-51400.00 Compensated Absences 395.39 2,484.00 2,484.00 2,088.61 16% 218.98 176.41 81% 602-49420.00-51450.00 Social Security Contributions 3,294.33 20,786.00 20,786.00 17,491.67 16% 1,713.45 1,580.88 92% 602-49420.00-51451.00 Medicare Contributions 770.45 4,861.00 4,861.00 4,090.55 16% 400.72 369.73 92% 602-49420.00-51460.00 PERA Contributions 4,090.67 25,144.00 25,144.00 21,053.33 16% 2,206.55 1,884.12 85% 602-49420.00-51463.00 MN Paid Leave Contributions 243.43 1,475.00 1,475.00 1,231.57 17% 0.00 243.43 N/A 602-49420.00-51470.00 Health Insurance 9,173.61 42,057.00 42,057.00 32,883.39 22% 5,409.04 3,764.57 70% 602-49420.00-51472.00 Retiree HCSP Contributions 185.24 966.00 966.00 780.76 19% 98.82 86.42 87% 602-49420.00-51473.00 Dental Insurance 331.38 1,516.00 1,516.00 1,184.62 22% 195.12 136.26 70% 602-49420.00-51474.00 Life Insurance 46.01 203.00 203.00 156.99 23% 27.46 18.55 68% 602-49420.00-51477.00 Workers Compensation Insurance 449.42 3,403.00 3,403.00 2,953.58 13% 430.16 19.26 4% Personnel 75,024.75 438,146.00 438,146.00 363,121.25 17% 41,023.59 34,001.16 83% Current Expenditures 602-49420.00-52010.00 Office Supplies 0.00 500.00 500.00 500.00 0% 310.18 (310.18) -100% 602-49420.00-52050.00 Operating Supplies 0.00 1,000.00 1,000.00 1,000.00 0% 0.00 0.00 N/A 602-49420.00-52051.00 Fuel 368.26 14,000.00 14,000.00 13,631.74 3% 537.81 (169.55) -32% 602-49420.00-52055.00 Uniforms/Personal Protective Equipment 332.21 1,550.00 1,550.00 1,217.79 21% 0.00 332.21 N/A 602-49420.00-52200.71 Repair & Maint Supplies Storm Sewer Sys 10,734.47 35,000.00 35,000.00 24,265.53 31% 3,284.84 7,449.63 227% 602-49420.00-52400.30 Small Equipment - Safety 1,334.46 7,000.00 7,000.00 5,665.54 19% 0.00 1,334.46 N/A 602-49420.00-53100.80 Professional Services - General 10,743.00 141,000.00 141,000.00 130,257.00 8% 24,257.50 (13,514.50) -56% 602-49420.00-53210.00 Telecommunications 373.46 2,160.00 2,160.00 1,786.54 17% 269.88 103.58 38% 602-49420.00-53310.10 Training and Employee Development 210.00 3,200.00 3,200.00 2,990.00 7% 0.00 210.00 N/A COMPARE TO BUDGET COMPARE TO PRIOR YEAR City of Prior Lake Water Quality Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 COMPARE TO BUDGET COMPARE TO PRIOR YEAR 602-49420.00-53630.00 Insurance - Auto 0.00 135.00 135.00 135.00 0% 31.80 (31.80) -100% 602-49420.00-54010.71 Maint Agreements Storm sewer system 2,293.00 162,000.00 162,000.00 159,707.00 1% 4,175.00 (1,882.00) -45% 602-49420.00-54020.00 Software Service Contract 1,638.57 7,350.00 7,350.00 5,711.43 22% 1,164.28 474.29 41% 602-49420.00-54070.00 Rentals - Heavy Equipment 0.00 10,000.00 10,000.00 10,000.00 0% 0.00 0.00 N/A 602-49420.00-54310.00 Memberships and Subscriptions 3,708.88 2,500.00 2,500.00 (1,208.88) 148% 1,440.00 2,268.88 158% 602-49420.00-54320.00 Miscellaneous Expense 0.00 500.00 500.00 500.00 0% 0.00 0.00 N/A Current Expenditures 31,736.31 387,895.00 387,895.00 356,158.69 8% 35,471.29 (3,734.98) -11% Principal 602-49420.00-56010.00 Bond Principal 0.00 40,000.00 40,000.00 40,000.00 0% 0.00 0.00 N/A Principal 0.00 40,000.00 40,000.00 40,000.00 0% 0.00 0.00 N/A Interest 602-49420.00-56110.00 Bond Interest 0.00 49,650.00 49,650.00 49,650.00 0% 0.00 0.00 N/A Interest 0.00 49,650.00 49,650.00 49,650.00 0% 0.00 0.00 N/A Capital Outlay 602-49420.00-55020.00 Projects - Engineering 0.00 0.00 0.00 0.00 N/A 1,946.25 (1,946.25) -100% 602-49420.00-55050.00 Projects - Professional Services 0.00 0.00 0.00 0.00 N/A 4,222.00 (4,222.00) -100% 602-49420.00-55530.00 Infrastructure 116,862.49 402,000.00 402,000.00 285,137.51 29% 0.00 116,862.49 N/A Capital Outlay 116,862.49 402,000.00 402,000.00 285,137.51 29% 6,168.25 110,694.24 1795% Other Financing Uses 602-80000.00-59203.00 Transfers to Other Funds 32,500.00 476,000.00 476,000.00 443,500.00 7% 161,646.50 (129,146.50) -80% Other Financing Uses 32,500.00 476,000.00 476,000.00 443,500.00 7% 161,646.50 (129,146.50) -80% TOTAL EXPENDITURES 256,123.55 1,793,691.00 1,793,691.00 1,537,567.45 14% 244,309.63 11,813.92 5% Fund 602 - STORM WATER UTILITY: TOTAL REVENUES 145,991.59 2,227,313.00 2,227,313.00 2,081,321.41 7% 181,727.71 (35,736.12) -20% TOTAL EXPENDITURES 256,123.55 1,793,691.00 1,793,691.00 1,537,567.45 14% 244,309.63 11,813.92 5% NET OF REVENUES & EXPENDITURES (110,131.96) 433,622.00 433,622.00 543,753.96 (62,581.92) (47,550.04) City of Prior Lake Economic Development Authority Special Revenue Fund As of 3/31/2026 (Preliminary & Unaudited) 2026 2026 Variance from % of Amended % Increase 2026 Original Amended Amended Budget Actual Variance /(Decrease) Actual Budget Budget Budget Used 3/31/2025 from 2025 from 2025 Revenues Taxes 240-00000.00-31010.00 Current Property Taxes - General Purpos 0.00 378,543.00 378,543.00 378,543.00 0% 0.00 0.00 N/A 240-00000.00-31040.00 Fiscal Disparities 0.00 26,457.00 26,457.00 26,457.00 0% 0.00 0.00 N/A Taxes 0.00 405,000.00 405,000.00 405,000.00 0% 0.00 0.00 N/A Charges for Services 240-46500.00-34760.02 Facility Rental - EDA 6,747.00 26,988.00 26,988.00 20,241.00 25% 6,347.00 400.00 6% Charges for Services 6,747.00 26,988.00 26,988.00 20,241.00 25% 6,347.00 400.00 6% Interest (losses) on investments 240-00000.00-36210.00 Interest Earnings 13,264.11 11,100.00 11,100.00 (2,164.11) 119% 4,242.99 9,021.12 213% 240-00000.00-36225.00 Unrealized Inv.Gain(Loss) (4,884.61) 0.00 0.00 4,884.61 N/A 2,511.63 (7,396.24) -294% Interest (losses) on investments 8,379.50 11,100.00 11,100.00 2,720.50 75% 6,754.62 1,624.88 24% Sale of assets 240-00000.00-39102.00 Sale of Property 1,088,093.20 0.00 0.00 (1,088,093.20) N/A 0.00 1,088,093.20 N/A Sale of assets 1,088,093.20 0.00 0.00 (1,088,093.20) N/A 0.00 1,088,093.20 N/A TOTAL REVENUES 1,103,219.70 443,088.00 443,088.00 (660,131.70) 249% 13,101.62 1,090,118.08 8320% Expenditures Personal Services 46500.00 ECONOMIC DEVELOPMENT 32,348.93 181,798.00 181,798.00 149,449.07 18% 24,964.22 7,384.71 30% Personal Services 32,348.93 181,798.00 181,798.00 149,449.07 18% 24,964.22 7,384.71 30% Current Expenditures 46500.00 ECONOMIC DEVELOPMENT 4,956.16 88,750.00 88,750.00 83,793.84 6% 372.27 4,583.89 1231% Current Expenditures 4,956.16 88,750.00 88,750.00 83,793.84 6% 372.27 4,583.89 1231% Capital Outlay 46500.00 ECONOMIC DEVELOPMENT 70,000.00 385,000.00 385,000.00 315,000.00 18% 0.00 70,000.00 N/A Capital Outlay 70,000.00 385,000.00 385,000.00 315,000.00 18% 0.00 70,000.00 N/A TOTAL EXPENDITURES 107,305.09 655,548.00 655,548.00 548,242.91 16% 25,336.49 81,968.60 324% Fund 240 - EDA SPECIAL REVENUE FUND: TOTAL REVENUES 1,103,219.70 443,088.00 443,088.00 (660,131.70) 249% 13,101.62 1,090,118.08 8320% TOTAL EXPENDITURES 107,305.09 655,548.00 655,548.00 548,242.91 16% 25,336.49 81,968.60 324% NET OF REVENUES & EXPENDITURES 995,914.61 (212,460.00) (212,460.00) (1,208,374.61) (12,234.87) 1,008,149.48 COMPARE TO BUDGET COMPARE TO PRIOR YEAR ITEM: 5C CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Heidi Simon, City Clerk PRESENTED BY: Heidi Simon AGENDA ITEM: Resolution Approving the 2026-2027 Liquor License Renewals RECOMMENDED ACTION: Adopt a Resolution Approving the 2026-2027 Liquor License Renewals BACKGROUND: The City Code provides that the City Council may approve the renewal of annual on-sale intoxicating, Sunday liquor, off-sale intoxicating, on-sale wine, off-sale 3.2 malt liquor, on-sale 3.2 malt liquor, club licenses, and brewer’s on and off-sale licenses. All licenses expire on June 30th of each year. Eighteen (18) Prior Lake applicants have submitted the required documentation to renew their licenses, including proof of liquor liability insurance. Prior Lake City Ordinance 301.600 states that no license shall be granted for operation on any premises for which taxes, assessments, or other financial claims of the City are delinquent or unpaid. All applicants are current with their financial obligations. The Prior Lake Police Department has investigated and reported that in the past five years the following establishments have been cited for selling alcohol to minors: December 2025:  Edelweiss Bakery and Wine Bar  Holiday Fountain Hills  Perron’s Sul Lago  Teresa’s Mexican Restaurant  Village Liquor May 2024:  The Pointe December 2021:  Village Liquor The Prior Lake Police Department conducts alcohol compliance checks one to two times annually, and each licensee must conduct regular liquor service training for their employees. FINANCIAL IMPACT: Exhibit A details the license type and fees for paid applicants. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5C Page | 2 ALTERNATIVES: 1. Motion and second as part of the consent agenda to approve the renewal of the liquor licenses listed in Exhibit A for 2026-2027. 2. Motion and second to remove this item from the consent agenda for additional discussion. ATTACHMENTS: 1. 26- Approving the 2026-2027 Liquor License Renewals 2. 2026-2027 Agenda Exhibit A 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 26- RESOLUTION APPROVING THE LIQUOR LICENSE RENEWALS FOR 2026 - 2027 Motion By: Second By: WHEREAS, Minnesota Statutes Chapter 340A authorizes the City to issue on and off-sale liquor, 3.2 malt liquor licenses, on sale wine liquor license, Sunday licenses, club licenses, and on and off sale brewer’s licenses; and WHEREAS, Prior Lake City Code sets forth the application process for such licenses; and WHEREAS, Eighteen establishments in Prior Lake have submitted liquor license applications and paid all related fees for 2026-2027; and WHEREAS, Pursuant to the Prior Lake City Code section 301.600, “no license shall be granted for operation on any premises on which taxes, assessments or other financial claims of the City are delinquent or unpaid,” and all applicants are current with their financial obligations; and WHEREAS, City staff recommends the approval of the liquor license applications for 2026- 2027. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The liquor licenses for the applicants and premises set forth in Exhibit A are hereby approved for the period July 1, 2026, to June 30, 2027. 3. All premises shall comply with Prior Lake City Code 301.600 no later than June 30, 2026, to be eligible for licensure. th Passed and adopted by the Prior Lake City Council this 12 day of May 2026. VOTE Briggs Braid Churchill Lake Hellier Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Jason Wedel, City Manager Exhibit A City of Prior Lake 2026- 2027 Liquor Licenses Name and Address Type of License License Fee Boathouse Brothers Brewing 16211 Main Avenue SE Brewer Off-Sale $ 200.00 Prior Lake MN 55372 Brewer Taproom On-Sale $ 850.00 Tap Room On-Sale Sunday $ 200.00 $ 1,250.00 Charlies on Prior 3950 Green Heights Trail On-Sale Intoxicating $ 7,000.00 Prior Lake MN 55372 Sunday On-Sale $ 200.00 $ 7,200.00 Chula’s Mexican-Latin Restaurant 4636 Colorado Street SE On-Sale Intoxicating $ 7,000.00 Prior Lake MN 55372 Sunday On-Sale $ 200.00 $ 7,200.00 Edelweiss Bakery 16186 Main Ave SE On-Sale Wine $ 2,000.00 Prior Lake, MN 55372 On-Sale 3.2 Malt $ 500.00 $ 2,500.00 Extra Innings Saloon On-Sale Intoxicating $ 7,000.00 16299 Main Avenue SE Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 Fong's Chinese Cuisine On-Sale Intoxicating $ 7,000.00 4770 Pleasant St Suite 3 Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 Holiday Station store Off-Sale 3.2 Malt Liquor $ 100.00 16800 Duluth Avenue SE Prior Lake MN 55372 1 Kwik Trip Off-Sale 3.2 Malt Liquor $ 100.00 16751 Fish Point Road SE Prior Lake MN 55372 MGM Wine & Spirits Off-Sale Intoxicating $ 380.00 14173 Commerce Avenue NE Prior Lake MN 55372 Perron's Sul Lago On-Sale Intoxicating $ 7,000.00 16154 Main Avenue SE #135 Prior Lake MN 55372 Plate on Main On-Sale Intoxicating $ 7,000.00 16323 Main Ave SE Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 The Pointe On-Sale Intoxicating $ 7,000.00 16691 Highway 13 South Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 Prior Lake Amateur Baseball Assoc. On-Sale 3.2 Malt Liquor $ 500.00 th 5181 160 Street South Sunday On-Sale License $ 200.00 Prior Lake, MN 55372 $ 700.00 Prior Lake VFW Post #6208 Club License $ 650.00 16306 Main Avenue SE Sunday On-Sale $ 200.00 $ 850.00 Prior Lake MN 55372 Rhino Wine Bar On-Sale Wine $ 2,000.00 16186 Main Ave SE On-Sale 3.2 Malt $ 500.00 Prior Lake, MN 55372 Off Sale $ 380.00 $ 2,880.00 TJ Hooligan's On-Sale Intoxicating $ 7,000.00 16731 Highway 13 South Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 2 Viking Liquor Barrel Off-Sale Intoxicating $ 380.00 16290 Highway 13 South Prior Lake MN 55372 Village Liquor Off-Sale Intoxicating $ 380.00 16731 Highway 13 South #102 Prior Lake MN 55372 YT’s Garage On-Sale Intoxicating $ 7,000.00 16731 Highway 13 South Sunday On-Sale $ 200.00 Prior Lake MN 55372 $ 7,200.00 Total License Fees $ 74,120 3 ITEM: 5D CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Christine Watson, Public Works Supervisor – Administration Phil Ryan, Public Works Supervisor – Utilities PRESENTED BY: Nick Monserud, Public Works Director/City Engineer AGENDA ITEM: Resolution Receiving the Quote and Awarding a Contract to Replace the Well 5 Motor Control Center (2026-20) RECOMMENDED ACTION: Adopt a resolution to receive the quote and award a contract to replace the Well 5 motor control center (2026-20). BACKGROUND: The City operates six municipal wells that pump groundwater to the Prior Lake water treatment plant, and one municipal well that pumps water to the Shakopee Mdewakanton Sioux Community water treatment plant. Treated water from both treatment plants is then distributed throughout the sytem to provide potable drinking water for the Prior Lake community. Water demand in the City of Prior Lake exceeded one billion gallons in 2023, with a five-year average of 877 million gallons per year. The seven municipal wells each contain a motor control center that controls the speed and operating intervals of the pumps at each well. The motor control centers at each well are the original units and some are nearing their expected replacement interval. The motor control center at Well 5 (constructed in 1988) has experienced a significant amount of corrosion on the wiring and other components and is in need of replacement. It is scheduled for replacement in 2027. Staff solicited a quote from Total Control Systems, Inc. (TCS) to replace the motor control center at Well 5. The staff at TCS have performed a significant amount of work on our water system components in the past and are familiar with the current setup and programming, including the master telemetry (communications) unit which was updated in February 2024. The City Council has previously approved using a single-source contractor for this type of work in order to maintain consistency, continuity, and efficiency for this critically important function of water management. TCS submitted a quote in the amount of $100,561 to build and install a new motor control center at Well 5. Although this is a planned improvement in 2027, staff recommend Council award a contract at this time so TCS is able to begin procuring the necessary parts to build the motor control center, which may take up to 40 weeks depending on lead times for the various parts. FINANCIAL IMPACT: This is a planned improvement with $150,000 included in the 2027 Water Utility CIP for this project. A separate contract will be proposed next year for the electrical work that will be needed complete the project once the new control center is installed. The total project cost is estimated to be within the budgeted $150,000. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5D Page | 2 ALTERNATIVES: 1. Motion and second as part of the consent agenda to adopt a resolution to receive the quote and award a contract to replace the Well 5 motor control center (2026-20). 2. Motion and second to remove this item from the consent agenda for further discussion. ATTACHMENTS: 1. 20260512 Receive Bids Award Contract Well 5 Motor Control - RESO 2. Attach 2 - TCS quote 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 26- A RESOLUTION RECEIVING THE QUOTE AND AWARDING A CONTRACT TO REPLACE THE WELL 5 MOTOR CONTROL CENTER (2026-20) Motion By: Second By: WHEREAS, the city operates seven municipal wells that each contain a motor control center the controls the speed and operating intervals of the pumps at each well; and WHEREAS, the motor control center at Well 5 (constructed in 1988) has experienced a significant amount of corrosion on the wiring and other components and is in need of replacement; and WHEREAS, Total Control Systems, Inc. (TCS), a contractor that has performed a significant amount of work on our water system components and is familiar with the current setup and programming, has submitted a quote in the amount of $100,561 to replace the motor control center at Well 5; and WHEREAS, the City Council has previously approved using a single-source contractor for this type of work in order to maintain consistency, continuity, and efficiency for this critically important function of water management; and WHEREAS, although this is a planned improvement in 2027, staff recommend Council award a contract at this time so TCS is able to begin procuring the necessary parts to build the motor contol center, which may take up to 40 weeks depending on lead times for the various parts. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council authorizes a contract with Total Control Systems, Inc. in the amount of $100,561 to replace the Well 5 motor control center (2026-20). 3. Funding will come from the Water Utility Fund th Passed and adopted by the Prior Lake City Council this 12 day of May 2026. VOTE Briggs Braid Churchill Lake Hellier Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Jason Wedel, City Manager April 14, 2026 To: Phil/Brad Re: Prior Lake, Minnesota –Well 5 Wellhouse upgrade. ________________________________________________________________ Total Control Systems, Inc. (TCS) proposes to furnish equipment and services in accordance with the project plans and specifications that were received. MCC and equipment replacement in Well 5, 75hp Submersible Pump Including: MCC per existing line up Main CB 400amp SE rated Panelboard LP 18CKT CB per existing Transformer LP-XFMR 10KVA TVSS 160KAIC VFD 75hp HD AB 753 Spare 15amp 3pole 480v CB Power meter and monitor (PM500) Supervisory Control panel in MCC Relays, pushbuttons, switches, lights, contactors Elapsed time meter Surge protection Power Supplies Alarm horn Flood float switch Air Temperature Sensor Door Switches : Allen-Bradley Compactlogix PLC equipment Ethernet Switch Operator interface Cmore 8” Color Ethernet Terminal blocks Uninterruptible Power Supplies (UPS) Temperature sensor All programming and configuration Modifications to SCADA system and communications SCADA master PLC modifications Submittals O&M manuals Warranty 1 year Start-up and commissioning Shipping Warranty Total Control Systems, Inc 38841 Nyman Drive NE PO Box 40 Stanchfield, MN 55080-0040 Phone 320-396-4442 / Fax 320-396- 4443 Price for the Well 5 control package: $ 100,561.00 Total no tax. Does not include: Sales Tax (Exempt) Electrical Contractor or Installation Cradlepoint Radio Equipment (reuse) Antenna or mounts (reuse) Flow Meter Drawdown Sensor Hand holes Meter sockets/Cold sequence disconnects CT Enclosures Grounding materials Underground warning tape Installation of panels Conduit Permits Demolition Any electrical wiring external to supplied panels - We acknowledge receipt of Addendum No.. - Terms are Net 30 days from invoice date. No retainage allowed. A 1.5% charge per month added to any past due balance. Price may be dependent on past credit history. - This quote/proposal valid for 60 days. - Work to commence after receipt of an acceptable written purchase order acknowledging acceptance of our terms. - F.O.B. job-site. - Start-up service/training, documentation and equipment adjustment is included as specified. - TCSI does not accept any liquidated damages. - All insurance coverage per specifications, additional coverage not included. - ALL PANELS FURNISHED BY TCS WILL HAVE A UL 508 SERIALIZED OR UL698A ENCLOSED INDUSTRIAL CONTROL PANEL RELATING TO HAZARDOUS LOCATIONS WITH INTRINSICALLY SAFE CIRCUIT EXTENSIONS LABEL, AS REQUIRED. If you have any questions regarding our proposal, please contact our office. We look forward to working with you on this project. Sincerely, TOTAL CONTROL SYSTEMS, INC. Al Doberstein AD/kd Submittals 4-6 weeks after receipt of acceptable order. Equipment 12-40 weeks after engineer’s approval. Accepted By ___________________________ Date __________ ITEM: 5F CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Paul Moretto, Planner PRESENTED BY: Casey McCabe, Community Development Director AGENDA ITEM: Resolution Approving a Combined Preliminary and Final Plat and Development Agreement for a Subdivision known as Prior Lake Revival RECOMMENDED ACTION: Approval of a resolution approving a Combined Preliminary and Final Plat and Development Agreement for Prior Lake Revival. BACKGROUND: On February 27, 2023 the Prior Lake Planning Commission recommended approval of the preliminary plat and approved a variance for a reduction in the floor area ratio (FAR) of a substantially similar project on this site. The City Council reviewed the proposal and approved Resolution 23-53 approving the Prior Lake Revival Preliminary Plat. As part of this project, stormwater management proved to be a very challenging component of the proposal. The development team for Revival II spent time reviewing alternatives to the previous stormwater plan. The solution was to acquire a parcel to the west of the subject property and include its area into the project. Subsection 9-34 of City Code allows for the combination of a preliminary and final plat in one action due to the simplicity of the proposed subdivision provided:  The resulting subdivision contains no more than 5 lots. The resulting subdivision will contain two lots. Lot 1 Block 1 and Outlot A.  The proposed subdivision is located in an area where streets and utilities are in place and capable of serving the subdivision. Streets and utilities are available and capable of serving the subdivision.  The proposed subdivision does not require the dedication or construction of future streets and will not interfere with the development of adjacent properties. The proposed subdivision will access Duluth Avenue through Revival I and will not require construction of streets or interfere with development of adjacent property.  The resulting lots shall conform with all provisions of the Zoning Code unless a variance has been granted. The resulting lots will both conform with all provisions of the Zoning Code and variances. th On May 4, 2026 the Planning Commission held a hearing to consider a requested variance from the minimum floor area ratio requirement and a recommendation to the city council related to the combined preliminary and final plat. The planning commission voted 5-0 to approve the variance request and to recommend city council approval of combined preliminary and final plat. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5F Page | 2 Current Circumstances The following paragraphs outline the physical characteristics of the existing site, the comprehensive plan and zoning designations, and a description of some of the specifics of the site. PHYSICAL SITE CHARACTERISTICS: Total Site Area: The total site area is 3.76 acres which is proposed to be subdivided into two lots of approximately 1.05 acres, lot one block one, and 2.41 acres, Outlot A, respectively. Topography: This area has relatively level topography, with elevations ranging from the 936’ MSL in the northwestern corner to a high point of 966’ MSL in the southwestern portion of the site above the retaining wall. Access: Access to the site will be from a private access agreement through the parking lot east of the subject property. An ingress and egress easement is in place to allow access through the parking lot to Duluth Avenue SW. 2040 Comprehensive Plan Designation: This property is designated as TC, Town Center on the 2040 Comprehensive Plan Land Use Map Zoning: The site is presently zoned TC, Town Center. PROPOSED PLAN Commercial Development: The development plan calls for a single 10,910 square foot commercial building which will be occupied by three or four businesses. Exterior building elevations with varying colors and materials types including glass, masonry, and architectural cement board. Awnings and varying wall heights as well as wall breaks are also proposed in accordance with the City Code. Materials: Section 10-705 establishes the design requirements for buildings in the TC zoning district. The materials for the proposed building meet the TC requirements for buildings not located on Main Avenue or Dakota Street. Frontage Requirement Proposed (%) (%) Public ROW 50 50 Rear/Side 35 42 (east) | 46 (west) | 43 (south) Building Setbacks: The developer does not request any modification to the re- quired TC, Town Center Zoning District building setbacks: Setbacks Required Proposed Minimum (TC Zoning) Front None 15.3’ Side 0’ 10.1’ Rear 0’ 137.2’ Landscaping: The landscaping plan identifies 23 overstory trees as well as various shrubs and landscape beds in accordance with the City Code. The lot has been surveyed for significant trees with none found on property. Item 5F Page | 3 Sanitary Sewer / Water Mains: Sanitary sewer and watermains will be extended from the private parking lot east of the site. Grading / Storm water: The site will be graded so that the storm water drainage is directed to a storm water basin on outlot A to meet the City’s water quality and runoff requirements. The basin will pretreat the stormwater runoff of the development prior to flowing into the area wetlands. Fees and Assessments: This development will be subject to the standard development fees including park dedication and trunk utility service charges. FINANCIAL IMPACT: Construction of the project will help diversify the city’s property tax base. ALTERNATIVES: 1. Motion and a second to approve a resolution approving the Combined Preliminary and Final Plat and Development Agreement for Prior Lake Revival with conditions. 2. Remove this item from the consent agenda for additional discussion. ATTACHMENTS: 1. Location Map 2. Preliminary/Final Plat 3. Review Memo 4/22/2026 4. Development Agreement 5. Resolution 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 26-___ A RESOLUTION APPROVING THE COMBINED PRELIMINARY AND FINAL PLAT AND DEVELOPMENT AGREEMENT FOR PRIOR LAKE REVIVAL Motion By: Second By: WHEREAS, Prior Lake Revival LLC (the “Developer”) has requested approval of a Combined Preliminary and Final Plat to be known as Prior Lake Revival for a parcel legally described as: SEE EXHIBIT A; and WHEREAS, the Prior Lake Planning Commission conducted a public hearing on May 4, 2026, to consider the request for Combined Preliminary and Final Plat; and WHEREAS, notice of the public hearing on said Combined Preliminary and Final Plat and was duly published and mailed in accordance with the applicable Prior Lake Ordinances; and WHEREAS, the Planning Commission heard all persons interested in the Combined Preliminary and Final Plat at the public hearing, and the Commission recommended the City Council approve the Combined Preliminary and Final Plat for Prior Lake Revival on a 5-0 vote subject to certain conditions; and WHEREAS, the City Council considered the Planning Commission’s recommendation and Developers request for approval of a Combined Preliminary and Final Plat for Prior Lake Revival on May 12, 2026, and found it met the requirements of Subsections 9-34, 9-66 and 9-67 of the Prior Lake Subdivision Code; and WHEREAS, the City Council approved the combined Preliminary and Final Plat, and Development Agreement for Prior Lake Revival on May 12, 2026. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council approves the Final Plat of Prior Lake Revival subject to the following conditions: a) The Developer shall obtain the required permits from other state or local agencies prior to any work on the site. b) The Developer shall revise the plans in accordance with the requirements contained in the Community Development / Public Works Departments memorandum dated April 22, 2026. 1 c) The Developer shall record an access and maintenance easement over the pond located on Outlot A to the satisfaction of the Public Works Director. d) The Developer shall record the Final Plat and Development Agreement within ninety (90) days after approval of this plat. th PASSED AND ADOPTED THIS 12 DAY OF May 2026. VOTE Briggs Braid Churchill Lake Hellier Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ___________________________ Jason Wedel, City Manager 2 EXHIBIT A Legal Description PRIOR LAKE REVIVAL Scott County, Minnesota That part of Government Lot One (1), Section Two (2), Township One Hundred Fourteen (114), Range Twenty-two (22), Scott County, Minnesota, together with that part of the Northeast Quarter of the Northwest Quarter (NE 1/4 of NW 1/4) of said Section 2, Township 114, Range 22, Scott County, Minnesota, described as follows: Commencing at the Northwest corner of Lot 9, Block 2, West Side Addition to Prior Lake; thence North along the northerly extension of the West line of said Lot 9 a distance of 369.4 feet to the center line of the Chicago, Milwaukee and St. Paul Railroad; thence Southeasterly along said center line to its intersection with the northerly extension of the East line of Lot 7, Block 2; thence South along said extension a distance of 322.5 feet to the Northeast corner of said Lot 7; thence West along the North line of Block 2 to the point of beginning; Together with: A tract commencing at the Northwest corner of Lot 14, Block 2, West Side Addition to Prior Lake; thence North along the northerly extension of the West line of said Lot 14 a distance of 526.25 feet to the center line of said railroad; thence Southeasterly along said center line to its intersection with the northerly extension of the East line of Lot 10, Block 2; thence South along said extension a distance of 369.4 feet to the Northeast corner of said Lot 10; thence West along the North line of Block 2 to the point of beginning; Together with: A tract beginning at a point on the North line of Block 2, West Side Addition to Prior Lake, distant 100.0 feet East of the Northwest corner thereof; thence East along said North line 150.0 feet to the Northeast corner of Lot 10; thence North along the extension of the East line of said Lot 10 a distance of 116.5 feet; thence West parallel with said North line 150.0 feet; thence South 116.05 feet to the point of beginning; Together with: A tract commencing at the Northwest corner of Lot 14, Block 2, West Side Addition to Prior Lake; thence North along the northerly extension of the West line thereof 100.0 feet; thence East 100.0 feet; thence South 100.0 feet; thence West 100.0 feet to the point of beginning; Together with: The North 16.5 feet of the tract above described beginning at a point 100.0 feet East of the Northwest corner of Block 2, West Side Addition to Prior Lake; Together with: 3 That part of the Northeast Quarter of the Northwest Quarter (NE 1/4 of NW 1/4), Section 2, Township 114, Range 22, described as follows: Beginning at the Northeast corner of Lot 5, Block 2, Westside Addition to Prior Lake; thence West 100.0 feet to the Northwest corner of Lot 6; thence North along the extension of the dividing line between Lots 6 and 7 a distance of 268.0 feet, more or less, to the South right-of- way line of said railroad; thence Southeasterly along said right-of-way line 103.5 feet; thence South 242.0 feet, more or less, to the point of beginning; Together with: That part of the Northeast Quarter of the Northwest Quarter (NE 1/4 of NW 1/4), Section 2, Township 114, Range 22, described as follows: Beginning at the Northeast corner of Lot 3, Block 2, Westside Addition to Prior Lake; thence West 100.0 feet to the Northwest corner of Lot 4; thence North along the extension of the dividing line between Lots 4 and 5 a distance of 241.7 feet to the South right-of-way line of said railroad; thence Southeasterly along said right-of-way line 103.5 feet; thence South 215.0 feet to the point of beginning. EXCEPTING THEREFROM the North 50.0 feet for railroad right-of-way where previously excepted. 4 ’ N [Phone] 952-447-9800 | [Fax] 952-447-4245 | cityofpriorlake.com 4646 Dakota Street SE Prior Lake, MN 55372 Memorandum To: Nick Monserud, City Engineer Luke Schwarz, Assistant City Engineer Stephanie Thulien, Project Engineer From: Laura Pietila, Project Engineer Kris Keller, Project Engineer Date: April 22, 2026 Re: Revival II – Site Plan Review We have reviewed the revised civil plans submitted for the Revival II site dated March 30, 2026 as prepared by Rehder & Associates. The following documents were reviewed: • Civil Plan Set - 03 CIVIL SET_CITY SUBMITTAL_3-30-26.pdf • Stormwater Management Plan - 03 STORMWATER MANAGEMENT REPORT_3-30-26.pdf Comments are provided within this Memorandum and in the corresponding redlined plan set. Please note that not all comments within the plan set are in the Memorandum. We have the following comments with regards to stormwater management and engineering: General 1. Submit for and provide copies to the City of all required permits from regulatory agencies (Scott County, MCES, Minnesota Pollution Control Agency, Minnesota Department of Health, NPDES, etc.) 2. Additional comments may be generated by PLSLWD’s review of the revised plans. 3. Additional comments may be generated by Scott County’s review of the revised plans. 4. Plans shall be signed by an engineer licensed in the State of Minnesota. 5. Provide a location map/title page/plan sheet index 6. Additional redline comments are provided in the accompanying plan set. Provide a response to all comments in this memo and the redlined plan set. 7. Existing Conditions/Demolition Plans 1. No comments Site Plan/Grading Plan 1. Provide a restoration plan including tree removal and preservation. 2. The basin slopes are 3:1. Revise to be a maximum of 4:1. 3. Add a construction limit line. 4. Show the maintenance access route to the basin and OCS that meets width and slope requirements. 5. Call out the outlet elevation and HWL for all basins shown on the plan. 6. Label the parking lot EOFs. 7. Provide easements over the stormwater infrastructure. 8. Provide additional slope labels along curb lines and across the parking areas 9. Identify sections of tipout curb 10. Provide additional contours and spot elevations showing drainage getting out and away from the existing building to the east Utility Plans 1. Provide ownership and maintenance agreements defining responsibilities for sanitary sewer and water utilities in the future. 2. Storm Sewer a. Submit storm sewer drainage calculations. b. The minimum pipe size shall be 15”. c. FES must be RCP. d. Use the MnDOT standard detail for riprap. e. Install marking signs adjacent to storm sewer structures in the green space (see City Plate #103). f. Label the OCS structure. Details 1. Maximum 8 City detail plates per sheet Stormwater Management 1. HydroCAD Model a. Update the HydroCAD model drainage area and impervious acreage to match the SWMP/plans. b. Revise the rainfall depths to match the design manual (2-yr = 2.84”, 10-yr = 4.22”, 100-yr = 7.39”). c. Label the small drainage area on the existing drainage area map south of CSAH 21 or merge to combine with 3S. 2. Basin Design a. Modify the EOF of the pond so it is 1’ higher than the HWL. b. Modify the top of berm so it is 2’ higher than the HWL. c. Provide pretreatment meeting MN Stormwater Manual requirements. d. Revise the basin berm side slopes to be a maximum of 4:1. e. Revise the top of the basin berm to be 10’ wide. f. Add cleanouts at draintile bends. g. Line the basin due to the presence of groundwater. 3. Provide water quality calculations showing 60% TP and 90% TSS removal. 4. Freeboard a. Provide 2’ of freeboard between the building and the parking lot EOF. SWPPP 1. Specify who will be responsible for the long-term maintenance of the stormwater management system. If the basin will be privately owned, provide a maintenance plan and agreement. 2. Provide double silt fence adjacent to the wetland. Scott County 1. Any work within the County right-of-way shall require a County permit. 2. Additional comments may be generated by Scott County’s review of the revised plans PLSLWD 1. Additional comments may be generated by PLSLWD’s review of the revised plans ITEM: 5G CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Casey McCabe, Community Development Director PRESENTED BY: Casey McCabe AGENDA ITEM: Authorize City Manager to Identify a Real Estate Agent to Assist with the Disposal of City-Owned Property at 13995 Hidden Lake Trail NE RECOMMENDED ACTION: Authorize the City Manager to identify a real estate agent to facilitate the sale of City-owned property at 13995 Hidden Lake Trail NE. BACKGROUND: On March 10, 2026 the City Council approved a purchase agreement for the City to acquire real property located at 13995 Hidden Lake Trail NE to accommodate the extension of Marsh Drive NE between Hidden Lake Trail NE and Pike Lake Trail NE. City staff completed the closing and acquired the property on March 18, 2026. On April 14, 2026 the City Council approved a cooperative cost share agreement with Scott County for the Marsh Drive extension project. Bolton & Menk has been retained to complete a combined preliminary and final plat of the approximate 4.67 acre parcel. The final plat will create an approximate 1.75 acre outlot north of the southerly Marsh Drive NE right-of-way line. This parcel will remain owned by the City of Prior Lake to facilitate the Marsh Drive extension and may provide future residential development opportunities. The final plat will also dedicate the necessary CH42 right-of-way to Scott County and would identify a new parcel of approximately 2.92 acres around the existing home for future sale. Staff is requesting the City Council authorize the City Manager to identify a real estate agent to begin marketing the property prior to the approval and recording of the final plat. Current Circumstances Section 111 of Prior Lake City Code addresses disposal of City property and establishes a process whereby the City may dispose of real or personal property. The City may dispose of real property in a manner deemed by the City Council to be in the City’s interest; this may include sealed bids, quotes, direct negotiation, auction, donation, exchange, real estate agent, or any other method deemed to be appropriate. When considering the sale of this property, it is staff’s position that due to the complexity of the planned public improvement project, current platting process and sale of the existing single-family home, a local real estate agent with expertise in single-family residential home sales and land development sales is identified. Conclusion The City Council is not being asked to approve the sale of the property, only to authorize staff to identify a local real estate agent to help determine market value, market the property and assist City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5G Page | 2 with negotiations. Once a potential purchaser is identified and a purchase agreement is provided, staff will present the purchase agreement to the city council for consideration and approval. FINANCIAL IMPACT: The purchase of right-of-way for the Marsh Drive extension project is identified in the City’s Capital Improvement Plan (CIP) and the Scott County Transportation Improvement Plan (TIP). Under the terms of the Scott County cooperative agreement, Scott County will receive 50% of the net proceeds of any sale of this property. ALTERNATIVES: 1. Motion and second, as part of the consent agenda, authorizing the City Manager to identify a real estate agent to facilitate the sale of City-owned property at 13995 Hidden Lake Trail NE. 2. Remove this item from the consent agenda for additional discussion. ITEM: 5H CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Lori Olson, Assistant City Manager PRESENTED BY: Jason Wedel, City Manager AGENDA ITEM: Resolution Approving Part-Time Employee Participation in the Minnesota Public Employees Retirement Association RECOMMENDED ACTION: Approval of a resolution that will allow James W. Ruzicka, Assistant Fire Chief, to continue enrollment in the PERA Police & Fire Retirement Plan as a part-time employee effective May 31, 2026. BACKGROUND: In early 2026, Assistant Fire Chief Ruzicka announced his retirement from the Prior Lake Fire Department (PLFD). Although his replacement was promoted in March 2026, the Fire Chief asked Chief Ruzicka to delay his retirement to complete several projects and assist with the training of his replacement. By mutual agreement, Chief Ruzicka will transition to a part-time, exempt employee on May 31 through September 19, 2026. Below are the specific projects Chief Ruzicka will be responsible for over the next few months:  Finalizing the new ladder truck production, including travel to Appleton, WI for pre-build and specification meetings with the vendor in August;  Preparing Fire Station 2 (FS2) for staffing, including coordination with Facilities and IT to ready the building for employees; development of the staffing implementation plan and schedule for FS2; and drafting updated standard operating procedures to include policies for fire response from two stations;  Completing “First Due” software implementation, including the rollout of Community Connect and staff training;  Assisting with the part-time, shift-assigned hiring process which is currently underway for at least six new firefighters; and  Responding to service calls during PLFD’s high call volume summer season. As a full-time firefighter, Chief Ruzicka is currently enrolled in the PERA Police & Fire plan. Minnesota State Statute (MSS) and PERA rules require a City Council resolution for part-time firefighters and police officers to participate in this plan. Specifically, section 353.64, subdivision 2 of MSS says: The governing body of a governmental subdivision may adopt a resolution…declaring that a public employee employed in a position on a part-time basis by that governmental subdivision is covered by the police and fire plan for that employment. Chief Ruzicka started with the PLFD as a paid-on-call (POC) firefighter in 1998 at a wage of $7.50/hour. He was promoted to POC captain in 2002 and to POC Deputy Chief in 2021. His maximum wage during that time was $14.00/hour with a small monthly stipend for being an officer. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 5H Page | 2 In 2021, he accepted the full-time Assistant Fire Chief position where he served as one of only two regular City employees until the PLFD transitioned to a full-time department in 2023. For over 28 years, Chief Ruzica has served the community with honor, dedication, and professionalism. This resolution applies to Chief Ruzicka only and does not impact PLFD’s part-time, shift-assigned firefighters’ participation in the PERA – Coordinated Plan. FINANCIAL IMPACT: There is no budget impact for this request as the transition allows for cost alignment within the existing personnel budget due to wage differentials. ALTERNATIVES: 1. Motion and second, as part of the consent agenda, approve the resolution that will allow James W. Ruzicka, Assistant Fire Chief, to continue enrollment in the PERA Police & Fire Retirement Plan as a part-time employee effective May 31, 2026. 2. Remove from the consent agenda for discussion. ATTACHMENTS: 1. PERA-RuzickaResolution_May12.2026 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 26 – Resolution Approving Part-Time Employee Participation in the Minnesota Public Employees Retirement Association (PERA) Police & Fire Retirement Plan WHEREAS, Assistant Fire Chief James W. Ruzicka announced his retirement from the Prior Lake Fire Department (PLFD) in early 2026; and WHEREAS, Chief Ruzicka agreed to delay his retirement and work part-time effective May 31, 2026, to complete several projects; and WHEREAS, Chief Ruzicka began his fire service with the City or Prior Lake in 1998 as a paid-on-call firefighter and transitioned to a full-time Assistant Fire Chief in 2021, at which time he began participation in the PERA Police & Fire Retirement Plan; and WHEREAS, Minnesota Statute, Section 353.63 gives special consideration to employees who perform hazardous work and devote their time and skills to protecting the property and personal safety of others; and WHEREAS, Minnesota Statute, Section 353.64, Subdivision 1 permits the governing body of a governmental subdivision to declare coverage in the PERA Police & Fire Retirement Plan for a non-full-time firefighter who is: - employed in a fire department; - required to be and is licensed by the Board of Firefighter Training and Education under section 299N.05; - engaged in or exposed to hazardous conditions resulting from firefighting or fire prevention, suppression, or investigation; - assigned less than 50 percent of the time to perform employment duties in the same department that are not within the scope of fire service in Minnesota Statute, Section 353.64, Subdivision 1; and WHEREAS, The position of Assistant Fire Chief, currently held by James W. Ruzicka, satisfies the requirements of Minnesota Statutes Section 353.64, Subdivision 1. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council authorizes James W. Ruzicka, Assistant Fire Chief, to continue enrollment in the PERA Police & Fire Retirement Plan as a part-time firefighter effective May 31, 2026. N:\Personnel\Benefits\MN Pension (PERA)\PERA-RuzickaResolution_May12.2026.docx Passed and adopted by the Prior Lake City Council this 12th day of May 2026. VOTE Briggs Braid Lake Churchill Hellier Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ __________________________ Jason Wedel, City Manager ITEM: 6A CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Jason Wedel, City Manager PRESENTED BY: Jason Wedel AGENDA ITEM: Recognition of 2026 Prior Lake Community Academy Graduates RECOMMENDED ACTION: Recognize the 2026 Prior Lake Community Academy Graduates. BACKGROUND: Today, the city celebrates the completion of the Prior Lake Community Academy, a program that provides residents with valuable insights into city operations and the dedicated work that keeps Prior Lake thriving. Over the past six weeks, residents engaged with city staff, learning about public safety, parks, infrastructure, planning and finance, demonstrating a deep commitment to their community. This academy is more than just an educational experience - it fosters connection. By engaging with city leaders, residents took an important step toward active involvement in Prior Lake's future. Their dedication strengthens the city, whether through volunteering, serving on boards and commissions, or even pursuing public office. Prior Lake's success relies on passionate and informed residents, and their curiosity and commitment are appreciated. Their involvement ensures that the city remains a wonderful place to live and grow. Let's congratulate these graduates and participants for their hard work and dedication. Thank you. Graduates:  Irene Abrahamson  Christopher Bartick  Lori Bartick  David DeCesare  Tracy DeCesare  Luke Finger  Adam Fowler  Mary Hammond  Laurie Hartmann  Lois Kocon  John Lurquin  Dave Reinhold  Carol Thompson  Lainey Weix City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 ITEM: 6B CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Jason Wedel, City Manager PRESENTED BY: Jason Wedel AGENDA ITEM: Proclamation Declaring May ALS Awareness Month RECOMMENDED ACTION: Proclaim the month of May as ALS Awareness Month in the City of Prior Lake. BACKGROUND: ALS (amyotrophic lateral sclerosis), often known as Lou Gehrig’s disease, is a progressive and terminal disease that affects mobility, speech, and ultimately the ability to breathe. It impacts not only the person diagnosed but entire families and communities. The ALS Association works in communities across our state to provide care services, equipment, advocacy, and research support. ALS Awareness Month provides the following benefits:  Helps educate the public about the realities of this devastating disease  Honors individuals and families living with ALS  Recognizes caregivers and healthcare providers  Demonstrates our city’s commitment to supporting those impacted ATTACHMENTS: 1. ALS Awareness Proclamation May 2026 City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 PROCLAMATION DECLARING THE MONTH OF MAY 2026, AS ALS AWARENESS MONTH IN PRIOR LAKE WHEREAS, the exact causes of ALS are unknown and there is no known cure for ALS; and WHEREAS, people who have served in the military are more likely to develop ALS and die from the disease than those with no history of military service; and WHEREAS, securing access to new therapies, durable medical equipment, and communication technologies is of vital importance to people living with ALS; and WHEREAS, clinical trials play a pivotal role in evaluating new treatments, enhancing quality of life, and fostering assistive technologies for those living with ALS; and WHEREAS, the ALS Association is the largest philanthropic funder of ALS research globally and has committed more than $154 million to support more than 550 projects across the United States and 18 other countries; and WHEREAS, the ALS Association is committed to make ALS livable and cure it for everyone, everywhere; and WHEREAS, Amyotrophic Lateral Sclerosis Awareness Month provides an opportunity to increase public awareness of the dire circumstances of people living with ALS, acknowledge the terrible impact this disease has on those individuals and their families, and support research to eradicate this disease. NOW THEREFORE, I, KIRT BRIGGS, MAYOR OF THE CITY OF PRIOR LAKE, MINNESOTA hereby proclaim the month of May as ALS AWARENESS MONTH in the City of Prior Lake, Minnesota. ______________________________ Kirt Briggs, Mayor ITEM: 6C CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Jason Wedel, City Manager PRESENTED BY: Jason Wedel AGENDA ITEM: Proclamation Declaring Youth Appreciation Week RECOMMENDED ACTION: Proclaim the second week of May 2026 as youth appreciation week in the City of Prior Lake. BACKGROUND: The Prior Lake City Council has supported the Prior Lake-Savage Optimist Club for the past 14 years and proclaimed a week as Youth Appreciation Week. Optimist International has developed and promoted this program since 1954. ATTACHMENTS: 1. Youth Appreciation Proclamation May 10-16, 2026 City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 PROCLAMATION DECLARING THE SECOND WEEK OF MAY 2026, AS YOUTH APPRECIATION WEEK IN PRIOR LAKE WHEREAS, the clear majority of youth are concerned, knowledgeable and contributing partners within the Prior Lake community; and WHEREAS, the accomplishments and contributions of these young citizens deserves the recognition and praise of the community; and WHEREAS, Optimists International has, since 1954, developed and promoted a program entitled Youth Appreciation Week; and WHEREAS, Prior Lake, Minnesota, supports our local businesses that create jobs, boost our local economy, and preserve our community; and WHEREAS, the City of Prior Lake desires to formally join the Optimists in expressing appreciation for those young citizens who, through their various efforts, help to make Prior Lake residents proud of our community. NOW THEREFORE, I, KIRT BRIGGS, MAYOR OF THE CITY OF PRIOR LAKE, MINNESOTA hereby proclaim the second week of May as YOUTH APPRECIATION WEEK in the City of Prior Lake, Minnesota. ______________________________ Kirt Briggs, Mayor ITEM: 8A CITY COUNCIL AGENDA REPORT MEETING DATE: May 12, 2026 PREPARED BY: Lori Olson, Assistant City Manager PRESENTED BY: Jason Wedel, City Manager AGENDA ITEM: Accept Final Progress Report for 2023-2026 Strategic Plan RECOMMENDED ACTION: Accept Final Progress Report for 2023-2026 Strategic Plan BACKGROUND: The purpose of this item is to formally accept the final progress report for the 2023-2026 Strategic Plan. This action concludes the final year of the current strategic plan and lays the groundwork for the next iteration of strategic planning in 2027. Over several months in 2022, the City of Prior Lake conducted a strategic planning process that resulted in the development of the 2023-2026 Strategic Plan. The plan identified the City’s strategic short-term priorities which helped City leaders prioritize budgets, work plans, and performance management. The plan was adopted by the City Council on 2/23/2023. The 2023-2026 Strategic Plan identified the following priority areas:  Financial Sustainability – a fiscally responsible community  Well Managed Growth – growth that meets community needs  Stable & Sustainable Infrastructure – systems that support reliable service delivery  Public Safety – a safe community  High Quality Parks & Trails – a community that values the natural environment Each strategic priority included a set of outcomes, targets, and strategic initiatives designed to help achieve the desired results. Progress reports to inform the community, track performance, and ensure accountability were presented to the City Council on 1/23/2024 and 2/4/2025. Now in the final year of the plan, the attached report provides an update on the City’s progress toward the plan’s targets and strategic initiatives. Overall, the city made significant advancement in meeting the plan’s desired outcomes. Of the plan’s 19 performance targets across all priority areas, all have either been met or are on track for completion. Accomplishments of note include:  City received AAA bonding for the first time in 2023 and every year since  Over 20,000 s.f. of new commercial added or in review for downtown Prior Lake  Formation of a full-time Fire Department, including the onboarding of 12 new firefighters/EMTs and build out of Fire Station 1  Completion of a comprehensive utility infrastructure needs analysis and maintenance strategy City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Item 8A Page | 2  Adoption of the Parks & Trails Master Plan by the City Council and referendum on funding held This agenda item serves as the final report for and closes out of the 2023-2026 Strategic Plan. With the goal of developing the City’s next five-year strategic plan, a fresh assessment of the City’s priorities and focus areas will begin in early-2027. FINANCIAL IMPACT: Report only. No budget impact. ALTERNATIVES: 1. Motion and second to accept the final progress report for the 2023-2026 Strategic Plan. 2. Motion and second to deny this item and direct staff on potential next steps. ATTACHMENTS: 1. 1_Strategic Plan Status Report_Final 2026 05/12/2026 - 1 City of Prior Lake STRATEGIC PLAN 2023-2026 FINANCIAL SUSTAINABILITY – a financially responsible community Desired Outcome Performance Target & Strategic Initiatives Status Financial stability in all funds Improve bond rating to AAA by 2027 • Develop strategy to increase bond rating Meet fund balance targets by 12/2026 • Update Comprehensive Financial Management Plan COMPLETE X City received AAA for the first time in 2023 and again in 2024 and 2025. As a result of the AAA rating, the City received more favorable interest rates for the 2024 Mill and Overlay projects, 2024 Stormwater improvement projects, and the 2025 Wilds Parkway and Martindale/Henning/Hickory reclamation projects, which reduces the City’s long-term debt service costs. COMPLETE X 10-year city financial plan presented to Council annually with fund balance targets met. Unaudited year-end financials indicate that fund balance targets were met for 2025. Long-range planning projections indicate the fund balance targets will be met for 2026 as well. Annual budget and 5-year CIP approved based on 10-year financial plan. Will reassess the CFMP as part of the 2027-2031 strategic planning process. Adequate resources to fund Capital Improvement Program (CIP) Adequate funding to meet Overall Condition Index (OCI) target • Develop infrastructure funding scenarios • Establish financial plan that reflects infrastructure needs ON TRACK 10-year city financial plan presented to Council annually. Annual budget and 5-year CIP approved based on 10-year financial plan. City financial planning reflects infrastructure needs. End of 2025 met target for collector roads and is nearing target for total OCI. Financial polices guide decision making Budget objectives met annually COMPLETE City financial policies have guided Council and staff decision making and have met budget objectives annually. FINAL REPORT Date: May 12, 2026 05/12/2026 - 2 WELL MANAGED GROWTH – growth that meets community needs Desired Outcome Target & Strategic Initiatives Status Downtown Vitality 20,000 SF of new downtown commercial by 2026 • Identify strategic property acquisition downtown 80+ new residential units by 2027 COMPLETE The City has gained 12,989 SF of new commercial space downtown in the last two years and is currently reviewing a ±10,320 SF development application. Combined these projects bring over 20,000 SPF of new commercial to downtown. Specific projects include: o Chula’s Mexican-Latin Restaurant project redevelopment of T-Shirts and More property into new 9,500 SF restaurant and commercial building. Net gain of 6,672 SF. o Cora Apartment restaurant space (main level and rooftop) - 2,905 SF o PLate on Main expansion - 650 SF. o Dingman Auto alteration to YT’s Garage Bar - 2,762 SF o Prior Lake Revival II Application (new construction) - ±10,320 SF X The EDA acquired a property at 4556 Colorado Street to facilitate a future downtown redevelopment project. COMPLETE 105 new residential units are currently being constructed as part of the Cora Apartment project, which broke ground in January 2026. Fiscally responsible residential growth $0 in development costs transferred to existing taxpayers • Lobby to ensure development costs are not transferred to taxpayers COMPLETE No development costs have been transferred to existing taxpayers since strategic plan approval. Residential developers are paying for required street oversizing within their developments. X Lobbying efforts have continued since approval of the strategic plan and there have been no substantial law 05/12/2026 - 3 changes to date that pass development related expenses to existing taxpayers. City Manager and Mayor provided testimony on proposed bills several times each year at various State Legislature committee hearings. Will continue to oppose new bills as they are introduced each year. Adequate supply of commercial/industrial (C/I) land No net loss of C/I guided land 2023-2026 • Develop strategy for orderly annexation agreement (OAA) renewal • Develop strategy for utility extension in OAA • Develop education strategy for C/I properties COMPLETE No net loss of C/I guided land during strategic plan period. X New OAA with Spring Lake Township executed in 2024. X In 2025, the City Council approved contracts with WSB and Bolton & Menk to complete an AUAR and infrastructure study within the annexation area and undeveloped growth areas of the community. The studies, which provide a comprehensive environmental review and analyze infrastructure needs, were completed and presented to Council on April 28, 2026. X City Council, EDA, Planning Commission, and city staff continue value retaining limited available C/I property. City Council, Planning Commission and EDA have met to discuss the importance of retaining and expanding the vacant C/I lot inventory. STABLE & SUSTAINABLE INFRASTRUCTURE – systems that support reliable service delivery Desired Outcome Target & Strategic Initiatives Status Quality street conditions Maintain average OCI 70 Achieve minimum OCI 50 on collector streets by 2033 ON TRACK ON TRACK Complete understanding of infrastructure Comprehensive needs analysis completed by 2024 COMPLETE 05/12/2026 - 4 • Complete assessment of utility maintenance needs including cost and risk implications • Update inspection and maintenance strategy for infrastructure X Project completed Q4 2024. X OpenGov software updated appropriately. Adequate Public Works facility Maintenance Center expansion completed by 2033 • Formalize public property maintenance plan • Implement plan for Maintenance Center upgrade ON TRACK Needs analysis and concept for Maintenance Center expansion will be updated in 2027 to reflect needs with the added annexation area for city expansion. Project schedule has been started and planning strategies mapped out. Budget will be refined. Staffing needs related to building maintenance identified in Personnel Plan. PUBLIC SAFETY - a safe community Desired Outcome Target & Strategic Initiatives Status Full-time Fire Department established Full-time Fire Department fully operational by 7/1/2023 • Develop recruitment strategy for full-time firefighters • Update operating guidelines/policies and procedures • Complete Fire Station 1 buildout COMPLETE X X X Safe and stable buildings Life safety pre-plan fully implemented by 12/31/2025 • Initiate comprehensive inventory of buildings • Create inspection program • Develop pre-plans for commercial buildings COMPLETE X Inventory completed Q4 2024. X Assistant Fire Chief/Fire Marshal hired January 2025, and new inspection/pre-plan software implemented in June 2025. Program fully operational, and 76 inspections completed. X 500 pre-plans completed and entered into software system as of April 2026. Includes commercial and residential buildings. 05/12/2026 - 5 A well-trained Police Department 100% of Police staff meet revised training goals by 7/2025 • Develop comprehensive training program ON TRACK Staffing analysis by consultant completed in 2025. PLPD added four new FTEs during strategic plan period. All positions filled in 2026 for first time in many years, and seventh sergeant identified. All staff consistently above state mandated training hours and curriculum areas. Current training framework has been altered to increase retention and recall of materials. With full staffing finally in place and future needs identified by the study, talent mapping can begin in earnest to align officer training with PD business needs. At the same time, Individual officer ’s areas of interest and opportunities for professional growth will be identified to retain and grow current employees. The talent mapping plan and priorities will be conducted in late 2026 and early 2027. HIGH QUALITY PARKS & TRAILS - a community that values the natural environment Desired Outcome Target & Strategic Initiatives Status Clear direction of future of parks and trails Adoption of Parks and Trails Master Plan by 12/2023 Adoption of Lakefront Park Master plan by 1/2023 • Develop Council materials for adoption of plans COMPLETE Adopted in 2024. COMPLETE X Adopted in 2024. Community support for parks and trails funding Identify funding scenarios for parks & trails by 2024 • Develop parks and trails funding strategy • Create funding plan COMPLETE X Funding strategy finalized and included as referendum in 2025 election. Referendum failed to pass. X Post-referendum, focus has shifted to alternate strategies for funding park improvements, including prioritizing projects, generating additional revenue, phased increases to the tax levy, and repurposing underutilized parks. Will be included in 2027-2031 strategic planning. 05/12/2026 - 6 Achieve community consensus on parks/trails funding by 2024 • Develop community engagement plan COMPLETE X Consultant hired in 2025 to assist with development of communication strategy. Engagement occurred throughout 2025, but the community did not support the level of funding proposed in the referendum plan. Staff re- evaluating park priority projects and funding moving forward.