Loading...
HomeMy WebLinkAbout01(A) - 2027 Preliminary Budget & Property Tax Levy Report ITEM: 1A CITY COUNCIL AGENDA REPORT MEETING DATE: July 28, 2026 PREPARED BY: Jason Etter, Accounting Manager Nicole Klekner, Finance Director PRESENTED BY: Nicole Klekner AGENDA ITEM: 2027 Preliminary Budget & Property Tax Levy The purpose of this report is to provide the City Council with an overview of community growth, proposed 2027 property tax levy, property tax supported-funds, bar chart of primary drivers of the revenues and expenditure changes in the General Fund as well as the impact of such on the median valued home and fund balance reserves. City staff have been preparing their 2027 budget requests over the past few months. The proposed budgets reflect additional resources needed for the following areas:  Community Growth  Proposed personnel funding for an Administrative Assistant and two Police Officers  Commodities – inflationary increases Community Growth The City of Prior Lake has experienced significant growth during these past ten years. Since 2018, growth from new construction has added $2.9 billion to the taxable market value of which $871 million or 30% of the growth has occurred in the past five years. The following chart provides a breakdown of that growth: Type 10-Yr Growth % Change 5-Yr Growth % Change Residential $ 2,548,001,091 88.3% $ 736,697,788 84.5% Commercial/Ind 180,084,100 6.2% 104,729,000 12.0% Apartments 166,199,833 5.8% 45,750,633 5.2% Other (8,787,695) -0.3% (15,711,641) -1.8% Total $ 2,885,497,329 100.0% $ 871,465,780 100.0% The population has grown from 25,735 in 2017 (Minnesota State Demographic Center) to approximately 29,060 or 13%. As we grow, this also increases the amount of traffic and number of people requiring services from the City (i.e. streets, parks, police, fire, recreation etc.) Preliminary taxable market values have increased $245 million or 4.1% from 2026 to 2027, of which approximately $43 million is from new construction. Based on the 2026 tax rate, new construction tax capacity of $380,000 will generate about $119,000 in property taxes. This equates to about 0.5% of the 2027 property tax levy. City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372 Growth (New Construction)0.5% Wage Growth *3.7% Debt Service2.1% Total property tax considerations6.4% Item 1A Page | 2 City Tax Rate The city has been fortunate to keep its tax rate low. The 2027 proposed tax rate is 32.0%. The ability to keep the tax rate low is primarily due to new construction growth each year and an overall valuation increase of 20% made by the Scott County Assessor’s office in 2023. The 2023 tax rate, at 28.11%, is the lowest tax rate in the past decade, however, this is not sustainable to provide city services. If the tax rate were maintained at the 2022 level, approximately $1.3 million in additional revenues would have been generated annually to fund city services, including equipment replacement, facility improvements, pavement management etc. Proposed Property Tax Levy The following chart provides a guide for establishing the 2027 tax levy based on factors that impact the Prior Lake community: *Used May YTD wage growth of 3.7% as 72% of city budget is personnel costs. Economic Growth: Non-tax revenue from residential building permits/fees budget is $408k more than the 2026 budget. New residential units are estimated at 110 units (60 single family/50 townhomes) for 2027 as compared to the budget of 50 units (50 single family/0 townhomes) for 2026. Costs higher than CPI: The US Inflation Calculator for May 2026 indicates a CPI of 4.2% (US Inflation Calculator and U.S. Bureau of Labor Statistics). There is general concern regarding the inflationary impact on the economy due to labor and material shortages. Item 1A Page | 3 Historically, budget items that fall under contractual agreements such as our labor contracts, health insurance premiums, salt/ice management materials, and technology have seen increases greater than the area CPI. Preliminary data indicates we may see a 15% increase in our healthcare premiums and a 10% increase in dental premiums. May YTD wage growth is 3.7%, which is 0.5% lower than the inflation rate of 4.2%. 72% of the city’s general fund budget is personnel costs. Staffing adds: The Five-Year Personnel Plan includes funding the following staff additions for 2027:  Administrative Assistant (1 FTE) This position will 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.  Police Officers (2 FTE). The recent 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. 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. 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. See attachment 1 for the budget overview. To fund the present assumptions in the 2027 proposed budget, a preliminary city tax levy increase of 6.05% is needed. The proposed 2027 city property tax levy is comprised of the following components: Fund Proposed 2027 Change Levy from 2026 ($) $17,138,124 $605,212 General Fund 3,454,655 475,434 Debt Service Fund 1,025,000 100,000 Equip Revolving Fund 655,000 60,000 Revolving Park Equip Fund 355,000 50,000 Facilities Mgmt. Fund TOTAL LEVY $22,627,779 $1,290,646 The proposed 2027 tax levy is a 6.05% increase over the 2026 tax levy. The estimated tax capacity rate is 32.03%, which equates to a 2.07% increase from the 2026 tax rate of 31.38%. 3.12%$1,291,000 Total: 6.05% Personnel AddsCapital Improvement ProgramOperating6.00%5.00%4.00%3.00%2.00%1.00%0.00%$416,0001.95%$210,0000.98%$665,000 2027 Budget / Tax Levy - July 28 Council Worksession Proposed Tax Levy Increase: PERSONNEL ADDS: 1.95% 97Administrative Assistant 319Police Officers (2) 416 CAPITAL IMPROVEMENT PROGRAM: 0.98% 100Equipment Replacement Item 1A 60Park Equipment Replacement 50Facilities Management Page | 4 210 OPERATING: 3.12% Levy Changes to Maintain Service Levels FINANCIAL IMPACT: (866)Non Tax Revenue Increase 531Personnel 605Current Expenditures/Transfers (89)Capital Outlay 181Subtotal Levy to Maintain Service Levels City Proposed Levy 484Change in Debt Service 665 The proposed city tax levy is $22,627,779. This is a levy increase of $1,291,000 (6.05%). The components of the proposed tax levy change based on the 2027 preliminary budgets are summarized on attachment 3 and in the chart below. Note: the above change in levy amounts are in thousands The budget drivers of the levy change are shown on Attachment 3 - Components of the 2027 Proposed Tax Levy. Median $461,700$600,000$1,000,000 % NetNetNetNetNetNetNet # of % EMV Value Range affected ofPayableInc/DecDifferenceInc/DecDifferenceInc/DecDifference Inc/DecPropertiesTotal202726 vs 27% Change26 vs 27% Change26 vs 27% Change +15.01+%861%$ 1,748 $ 29420.3%$ 40420.3%$ 67819.0% +10.01-15.00%430%$ 1,702 $ 24817.0%$ 34317.3%$ 57716.1% +5.01-10.00%2,75628%$ 1,605 $ 15110.4%$ 22211.1%$ 37510.5% +0.01-5.00%5,69758%$ 1,524 $ 704.8%$ 1005.0%$ 1724.8% No Change370%$ 1,483 $ 292.0%$ 402.0%$ 712.0% -0.01-5.00%1,08911%$ 1,442 $ (12)-0.8%$ (21)-1.1%$ (30)-0.8% -5.01 - 10.00%681%$ 1,360 $ (94)-6.4%$ (143)-7.2%$ (232)-6.5% -10.00 - 15.00%10%$ 1,279 $ (175)-12.0%$ (264)-13.3%$ (435)-12.2% -15.01% +20%$ 1,238 $ (216)-14.9%$ (325)-16.3%$ (536)-15.0% 9,779 100% Item 1A Page | 5 Impact on Median Valued Home 58% of the homes in Prior Lake have seen an estimated increase in market value of 0.01-5%. For a median valued home of $461,700 the proposed increase in the property tax levy would result in the city’s portion of the property taxes increasing by approximately $70. The annual change in 2027 total taxes for a sample of property values is shown below. EDA Proposed Tax Levy The EDA budget for 2027 is in process. A minimal increase to cover rising costs is anticipated. Fund Balance: The Comprehensive Financial Management Plan recommends maintaining reserves in a range between 40% and 50% of subsequent year expenditures. The estimated year-end 2026 ending reserve balance is at 56% and the year-end 2027 reserve balance is estimated at 52%. City Tax Levy and Tax Rate Projections: The estimated tax levies and tax rate projections for the city’s five-year financial plan is shown below. CITY PROPERTY TAX PROJECTION Five Year Planning Period 202620272028202920302031 TAX LEVIES General Fund Levy - Tax Capacity 16,267,024 16,864,136 18,032,656 19,595,626 20,819,085 22,357,525 General Fund Levy - Market Value 265,888 273,988 281,638 283,838 290,738 277,888 Debt Service Fund 2,979,220 3,454,655 3,889,440 4,390,759 4,060,724 3,530,139 CIP Funds 1,825,000 2,035,000 2,185,000 2,335,000 2,500,000 2,650,000 Item 1A Total Tax Levies 21,337,132 22,627,779 24,388,735 26,605,223 27,670,547 28,815,553 Annual $ Change 1,485,227 1,290,646 1,760,956 2,216,489 1,065,324 1,145,006 Page | 6 TOTAL % CHANGE IN TAX LEVIES7.5%6.0%7.8%9.1%4.0%4.1% CITY TAX CAPACITY TAX RATE32.03%33.54%35.45%35.77%36.05% Annual % Change2.07%4.72%5.69%0.92%0.77% Debt per Capita 868 890 1,304 1,328 1,311 1,497 Bonds Outstanding 24,565,000 25,285,000 37,220,000 38,275,000 38,140,000 43,965,000 Change in Bonds Outstanding 720,000 11,935,000 1,055,000 (135,000) 5,825,000 The city’s financial planning reflects funding general operations, future planned capital improvements, including related debt service on planned bond issuance to support capital improvements for streets, equipment replacement and facilities capital maintenance projects. In total, these funding needs result in an estimated 10-year average tax rate increase of 3.0%. This is in line with the parameters established in the city’s 2023 financial planning study. Any modifications to the planned budgets and CIP are reflected in the annual update of the financial plan. Budget & CIP Schedule Additional meetings/workshops (highlighted in blue) are currently scheduled to discuss and adopt 2027 property tax levies and budgets: Aug 25, 5:00 pm Workshop – Additional Review of Preliminary Tax Levy and Budget, if needed Sept 22, 7:00 pm Meeting – Adopt Preliminary Tax Levy & Budget; Announce Public Budget Meeting Date Nov 10, 5:00 pm Workshop – Final 2027 Budget/Tax Levy Discussion Dec 8, 7:00 pm Meeting – Public Budget Meeting (Truth in Taxation); Adopt 2027 Budget & Tax Levy; Adopt Fee Schedule Council Direction Staff are seeking direction regarding the 2027 property tax levy and underlying budgets. ATTACHMENTS: 1. 2027 Budget Overview 2. Personnel Plan 2027-2031 3. Components of 2027 Proposed Tax Levy Change 4. 2027 Proposed Revenues and Expenditure Detail by Fund 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE Fund 101 - GENERAL FUND TAXES 31010.00 Current Property Taxes - General Purpos 13,734,786 15,251,333 15,251,333 15,856,545 605,212 3.97 31020.00 Delinquent Property Taxes - General Purp 75,091 31040.00 Fiscal Disparities 1,261,402 1,281,579 1,281,579 1,281,579 33423.00 Market Value Credit Aid 499 TAXES 15,071,778 16,532,912 16,532,912 17,138,124 605,212 3.66 FRANCHISE TAXES 31810.00 Franchise Taxes 518,830 528,000 528,000 513,500 (14,500) (2.75) FRANCHISE TAXES 518,830 528,000 528,000 513,500 (14,500) (2.75) INTERGOVERNMENTAL 33160.10 Fed Aids/Grants - Operating Grants 33160.11 Fed Aids/Grants - Operating Police 25,129 33401.00 Local Government Aid 33416.01 State Aid - Police Train 32,816 30,000 30,000 30,000 33416.02 State Police Aid-Ins Prem 455,021 378,000 378,000 450,000 72,000 19.05 33417.00 State Aid - Fire Training 50,090 33418.00 State Road & Bridge Aid 593,917 552,295 552,295 581,635 29,340 5.31 33420.00 State Fire Aid-Ins. Prem.449,938 387,258 387,258 450,000 62,742 16.20 33422.10 State Aids/Grants - Operating Grants 33422.11 State Aids/Grants - Operating Police 15,353 33610.10 County-City Aids/Grants - Operating Gran 33610.11 County-City Aids/Grants - Operating Poli 33620.00 Township Fire & Resc Aid 961,430 1,092,405 1,092,405 1,179,955 87,550 8.01 33621.00 Liaison Aid 68,430 68,430 68,430 72,340 3,910 5.71 33631.00 Payment in Lieu of Taxes 1,400,000 1,525,000 1,525,000 1,650,000 125,000 8.20 33700.10 Miscellaneous Grants - Operating Grants 7,473 33700.20 Miscellaneous Grants - Capital Grants 106,250 (106,250) (100.00) 33700.23 Miscellaneous Grants - Capital Parks 9,618 INTERGOVERNMENTAL 4,069,215 4,033,388 4,139,638 4,413,930 274,292 6.63 CHARGES FOR SERVICES 34103.00 Zoning & Subdivision Fees 34,941 40,000 40,000 35,000 (5,000) (12.50) 34104.00 Plan Check Fees 202,176 157,545 157,545 318,039 160,494 101.87 34105.00 Sale of Maps/Publications - Reports 168 500 500 100 (400) (80.00) 34107.00 Assessment Searches - Reports 75 500 500 250 (250) (50.00) 34108.00 Street Chip Seal Fee-New Development 22,275 34109.00 Project Admin/Eng Fees 112,500 185,000 185,000 185,000 34203.00 Accident/Warrant Reports - Reports 568 500 500 500 34731.00 Adult League Fees 4,382 5,000 5,000 5,000 34732.00 Recreation Program Fees - Contracted 47,735 45,000 45,000 45,000 34735.00 Recreation Program Fees - Staff Run 71,732 70,000 70,000 72,000 2,000 2.86 34735.01 Recreation Program Fees - Club Prior 16,731 15,000 15,000 15,000 34740.00 Concessions - Park Fees (136) 34760.01 Facility Rental - Regular 50,693 68,088 68,088 71,037 2,949 4.33 34760.87 Facility Rental - Lease 15,490 34761.00 Studio/Pavilion Rental 35,686 30,000 30,000 32,000 2,000 6.67 34762.00 Park Shelter Rental 20,524 22,000 22,000 22,000 34762.01 Boat Slip Rental 74,750 72,000 72,000 72,000 34765.01 Tower Leases 34765.87 Tower Leases - Lease 332,757 289,104 289,104 297,503 8,399 2.91 34780.00 Parking Meter Fees 22,757 30,000 30,000 32,500 2,500 8.33 34782.00 Sign Lease Fees 34783.00 City Contract Services 199,248 295,092 295,092 234,430 (60,662) (20.56) CHARGES FOR SERVICES 1,265,052 1,325,329 1,325,329 1,437,359 112,030 8.45 SPECIAL ASSESSMENTS 36101.00 City Assess. Collections 36102.00 County Assess. Collection 4,611 4,000 4,000 4,000 SPECIAL ASSESSMENTS 4,611 4,000 4,000 4,000 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 396,353 293,500 293,500 320,800 27,300 9.30 36210.87 Interest Earnings (127,225) 36215.00 Amortization - Premium/Discount 174,463 36225.00 Unrealized Inv.Gain(Loss)163,211 36226.00 Realized Inv Gain/(Loss) INTEREST (LOSSES) ON INVESTMENTS 606,802 293,500 293,500 320,800 27,300 9.30 BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget MISCELLANEOUS REVENUES 36211.00 Developer Agreements 127,948 57,300 57,300 125,000 67,700 118.15 36212.00 Miscellaneous Revenue 231,626 70,000 70,000 70,000 36230.00 Contributions & Donations 4,314 36230.11 Contributions - Shop with a Cop 2,640 36230.12 Contributions and Donations 36230.13 Contributions and Donations 16,794 36230.33 Contributions - Charitable Gambling 15,500 MISCELLANEOUS REVENUES 398,822 127,300 127,300 195,000 67,700 53.18 SALE OF ASSETS 39102.00 Sale of Property 22,634 SALE OF ASSETS 22,634 TRANSFERS IN 39203.00 Transfer from Other Funds 626,975 668,000 668,000 725,000 57,000 8.53 TRANSFERS IN 626,975 668,000 668,000 725,000 57,000 8.53 LICENSES AND PERMITS 32100.00 Business Licenses 2,800 2,200 2,200 2,200 32110.00 Liquor Licenses 80,845 73,795 73,795 74,495 700 0.95 32120.00 Cannabis Fee 4,200 32160.00 Refuse Haulers 6,990 6,290 6,290 6,290 32175.00 Public Private Gathering Permit 150 32180.00 Cigarette Licenses 3,250 2,750 2,750 2,250 (500) (18.18) 32185.00 Food Truck Registration 2,175 32190.00 Community Event Application 2,350 2,000 2,000 2,000 32210.00 Building Permits 408,611 242,097 242,097 489,290 247,193 102.10 32211.00 Retainage Forfeiture 32215.00 Mechanical Permits 58,520 75,399 75,399 77,675 2,276 3.02 32230.00 Plumbing Permits 46,754 56,703 56,703 46,595 (10,108) (17.83) 32231.00 Sewer/Water Inspection 1,853 4,916 4,916 5,995 1,079 21.95 32232.00 Plumbing Registrations 32260.00 Burning Permits 3,220 4,560 4,560 (4,560) (100.00) 32265.00 Banner Permits 200 32270.00 Short-term Rental Fee 2,750 2,000 2,000 2,000 LICENSES AND PERMITS 624,668 472,710 472,710 708,790 236,080 49.94 FINES AND FORFEITURES 35101.00 County Court Fines 95,552 108,000 108,000 108,000 35104.00 Prosecution Restitution 4,201 FINES AND FORFEITURES 99,753 108,000 108,000 108,000 TOTAL - FUND 101 23,309,140 24,093,139 24,199,389 25,564,503 1,365,114 5.64 DEBT SERVICE FUNDS TAXES 31015.00 Current Property Taxes - Debt Service 2,925,685 2,979,221 2,979,221 3,454,655 475,434 15.96 TAXES 2,925,685 2,979,221 2,979,221 3,454,655 475,434 15.96 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 128,781 89,800 89,800 101,900 12,100 13.47 36225.00 Unrealized Inv.Gain(Loss)56,468 INTEREST (LOSSES) ON INVESTMENTS 185,249 89,800 89,800 101,900 12,100 13.47 DEBT ISSUED 39310.00 G.O. Bond Proceeds DEBT ISSUED OTHER FINANCING SOURCES 39315.00 Projects - Bond Premium OTHER FINANCING SOURCES TRANSFERS IN 39203.00 Transfer from Other Funds 1,259,807 1,305,156 1,305,156 1,335,088 29,932 2.29 TRANSFERS IN 1,259,807 1,305,156 1,305,156 1,335,088 29,932 2.29 SPECIAL ASSESSMENTS 36101.00 City Assess. Collections 377,146 36102.00 County Assess. Collection 383,328 485,532 485,532 323,118 (162,414) (33.45) SPECIAL ASSESSMENTS 760,474 485,532 485,532 323,118 (162,414) (33.45) 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget MISCELLANEOUS REVENUES 36212.00 Miscellaneous Revenue MISCELLANEOUS REVENUES TOTAL - DEBT SERVICE FUNDS 5,131,215 4,859,709 4,859,709 5,214,761 355,052 7.31 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 210 - CABLE FRANCHISE FUND CHARGES FOR SERVICES 34304.00 PEG Access Fees 10,245 12,000 12,000 8,400 (3,600) (30.00) CHARGES FOR SERVICES 10,245 12,000 12,000 8,400 (3,600) (30.00) INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 3,566 36225.00 Unrealized Inv.Gain(Loss)1,451 INTEREST (LOSSES) ON INVESTMENTS 5,017 TOTAL - FUND 210 15,262 12,000 12,000 8,400 (3,600) (30.00) Fund 225 - CAPITAL PARK FUND INTERGOVERNMENTAL 33160.20 Fed Aids/Grants - Capital Grants 1,000,000 33700.20 Miscellaneous Grants - Capital Grants 850,000 850,000 INTERGOVERNMENTAL 1,000,000 850,000 850,000 CHARGES FOR SERVICES 34760.01 Facility Rental - Regular 62,398 30,267 30,267 13,467 (16,800) (55.51) 34760.87 Facility Rental - Lease 34791.00 Dedication Fees 229,560 187,500 187,500 300,000 112,500 60.00 CHARGES FOR SERVICES 291,958 217,767 217,767 313,467 95,700 43.95 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 43,620 41,400 41,400 31,600 (9,800) (23.67) 36210.87 Interest Earnings 890 36225.00 Unrealized Inv.Gain(Loss)22,145 INTEREST (LOSSES) ON INVESTMENTS 66,655 41,400 41,400 31,600 (9,800) (23.67) TRANSFERS IN 39203.00 Transfer from Other Funds 290,000 TRANSFERS IN 290,000 MISCELLANEOUS REVENUES 36230.00 Contributions & Donations MISCELLANEOUS REVENUES TOTAL - FUND 225 1,648,613 259,167 259,167 1,195,067 935,900 361.12 Fund 240 - EDA SPECIAL REVENUE FUND TAXES 31010.00 Current Property Taxes - General Purpos 377,462 378,543 378,543 378,543 31040.00 Fiscal Disparities 26,575 26,457 26,457 26,457 TAXES 404,037 405,000 405,000 26,457 CHARGES FOR SERVICES 34760.02 Facility Rental - EDA 26,988 26,988 26,988 27,000 12 0.04 CHARGES FOR SERVICES 26,988 26,988 26,988 27,000 12 0.04 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 19,575 11,100 11,100 26,100 15,000 135.14 36225.00 Unrealized Inv.Gain(Loss)8,040 36226.00 Realized Inv Gain/(Loss) INTEREST (LOSSES) ON INVESTMENTS 27,615 11,100 11,100 26,100 15,000 135.14 MISCELLANEOUS REVENUES 36230.00 Contributions & Donations MISCELLANEOUS REVENUES SALE OF ASSETS 39102.00 Sale of Property SALE OF ASSETS TRANSFERS IN 39203.00 Transfer from Other Funds TRANSFERS IN TOTAL - FUND 240 458,640 443,088 443,088 458,100 15,012 3.39 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 410 - REVOLVING EQUIPMENT FUND TAXES 31010.00 Current Property Taxes - General Purpos 874,083 925,000 925,000 1,025,000 100,000 10.81 31015.00 Current Property Taxes - Debt Service 150,000 TAXES 1,024,083 925,000 925,000 1,025,000 100,000 10.81 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 20,387 14,000 14,000 16,400 2,400 17.14 36225.00 Unrealized Inv.Gain(Loss)7,776 INTEREST (LOSSES) ON INVESTMENTS 28,163 14,000 14,000 16,400 2,400 17.14 MISCELLANEOUS REVENUES 39104.00 Forfeiture Property Sales MISCELLANEOUS REVENUES SALE OF ASSETS 39102.00 Sale of Property 113,242 SALE OF ASSETS 113,242 TRANSFERS IN 39203.00 Transfer from Other Funds 317,563 TRANSFERS IN 317,563 DEBT ISSUED 39310.00 G.O. Bond Proceeds 2,200,000 2,200,000 DEBT ISSUED 2,200,000 2,200,000 TOTAL - FUND 410 1,483,051 939,000 939,000 3,241,400 2,302,400 245.20 Fund 430 - REVOLVING PARK EQUIP FUND TAXES 31010.00 Current Property Taxes - General Purpos 534,304 595,000 595,000 655,000 60,000 10.08 TAXES 534,304 595,000 595,000 655,000 60,000 10.08 INTERGOVERNMENTAL 33160.20 Fed Aids/Grants - Capital Grants 212,500 212,500 (212,500) (100.00) 33700.20 Miscellaneous Grants - Capital Grants 283,600 283,600 INTERGOVERNMENTAL 212,500 212,500 283,600 71,100 33.46 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 32,624 28,200 28,200 20,100 (8,100) (28.72) 36225.00 Unrealized Inv.Gain(Loss)15,595 INTEREST (LOSSES) ON INVESTMENTS 48,219 28,200 28,200 20,100 (8,100) (28.72) MISCELLANEOUS REVENUES 36230.00 Contributions & Donations 88,000 170,000 170,000 200,000 30,000 17.65 MISCELLANEOUS REVENUES 88,000 170,000 170,000 200,000 30,000 17.65 TRANSFERS IN 39203.00 Transfer from Other Funds TRANSFERS IN DEBT ISSUED 39310.00 G.O. Bond Proceeds DEBT ISSUED TOTAL - FUND 430 670,523 1,005,700 1,005,700 1,158,700 153,000 15.21 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 440 - FACILITIES MANAGEMENT FUND TAXES 31010.00 Current Property Taxes - General Purpos 254,165 305,000 305,000 355,000 50,000 16.39 TAXES 254,165 305,000 305,000 355,000 50,000 16.39 INTERGOVERNMENTAL 33160.00 Fed Aids/Grants 33620.00 Township Fire & Resc Aid 33700.10 Miscellaneous Grants - Operating Grants INTERGOVERNMENTAL INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 28,981 28,700 28,700 21,400 (7,300) (25.44) 36225.00 Unrealized Inv.Gain(Loss)12,538 INTEREST (LOSSES) ON INVESTMENTS 41,519 28,700 28,700 21,400 (7,300) (25.44) TRANSFERS IN 39203.00 Transfer from Other Funds 60,000 60,000 130,000 70,000 116.67 TRANSFERS IN 60,000 60,000 130,000 70,000 116.67 DEBT ISSUED 39310.00 G.O. Bond Proceeds 1,545,000 1,545,000 500,000 (1,045,000) (67.64) DEBT ISSUED 1,545,000 1,545,000 500,000 (1,045,000) (67.64) TOTAL - FUND 440 295,684 1,938,700 1,938,700 1,006,400 (932,300) (48.09) Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND TAXES 31010.00 Current Property Taxes - General Purpos TAXES FRANCHISE TAXES 31810.00 Franchise Taxes FRANCHISE TAXES INTERGOVERNMENTAL 33610.25 County-City Aids/Grants - Capital PW INTERGOVERNMENTAL SPECIAL ASSESSMENTS 36101.00 City Assess. Collections 32,932 36102.00 County Assess. Collection 224,617 244,846 244,846 202,839 (42,007) (17.16) SPECIAL ASSESSMENTS 257,549 244,846 244,846 202,839 (42,007) (17.16) INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 42,707 26,100 26,100 36,600 10,500 40.23 36225.00 Unrealized Inv.Gain(Loss)17,183 INTEREST (LOSSES) ON INVESTMENTS 59,890 26,100 26,100 36,600 10,500 40.23 TRANSFERS IN 39203.00 Transfer from Other Funds 451,555 TRANSFERS IN 451,555 DEBT ISSUED 39310.00 G.O. Bond Proceeds 230,000 230,000 (230,000) (100.00) DEBT ISSUED 230,000 230,000 (230,000) (100.00) TOTAL - FUND 450 768,994 500,946 500,946 239,439 (261,507) (52.20) 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 601 - WATER FUND INTERGOVERNMENTAL 33422.15 State Aids/Grants - Operating Public Wor 1,214 5,000 5,000 INTERGOVERNMENTAL 1,214 5,000 5,000 CHARGES FOR SERVICES 37106.00 Spring Lake Township Utility Surcharge 7,549 CHARGES FOR SERVICES 7,549 SPECIAL ASSESSMENTS 36102.00 County Assess. Collection 8,417 SPECIAL ASSESSMENTS 8,417 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 332,794 237,900 237,900 300,000 62,100 26.10 36225.00 Unrealized Inv.Gain(Loss)136,768 INTEREST (LOSSES) ON INVESTMENTS 469,562 237,900 237,900 300,000 62,100 26.10 MISCELLANEOUS REVENUES 36212.00 Miscellaneous Revenue 8,609 37190.00 Miscellaneous Revenue Adj MISCELLANEOUS REVENUES 8,609 SALE OF ASSETS 39102.00 Sale of Property SALE OF ASSETS TRANSFERS IN 39203.00 Transfer from Other Funds 41,145 TRANSFERS IN 41,145 CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 37901.00 Contribution (Other Fund)187,933 57901.00 Capital Contributions (Other Fund) CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 187,933 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 37902.00 Contribution (Developers)408,345 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 408,345 OTHER FINANCING SOURCES 39315.00 Projects - Bond Premium 16,160 OTHER FINANCING SOURCES 16,160 CONTRIBUTIONS AND DONATIONS 36231.00 PERA Pension Contributions (1,095) CONTRIBUTIONS AND DONATIONS (1,095) WATER CHARGES 37100.00 Utility Receipts - Water 3,793,549 4,117,125 4,117,125 4,179,766 62,641 1.52 37160.00 Penalties 10,855 10,000 10,000 10,000 WATER CHARGES 3,804,404 4,127,125 4,127,125 4,189,766 62,641 1.52 CAPITAL FACILITY CHARGES 37110.00 Utility Base Fee Revenue 1,526,931 1,468,569 1,468,569 1,541,092 72,523 4.94 CAPITAL FACILITY CHARGES 1,526,931 1,468,569 1,468,569 1,541,092 72,523 4.94 METER SALES 37170.00 Water Meter Sales 30,954 50,725 50,725 50,725 37175.00 Pressure Reducers 9,126 12,900 12,900 12,900 METER SALES 40,080 63,625 63,625 63,625 TOTAL - FUND 601 6,519,254 5,897,219 5,897,219 6,099,483 202,264 3.43 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 602 - STORM WATER UTILITY INTERGOVERNMENTAL 33422.10 State Aids/Grants - Operating Grants 2,855 33610.20 County-City Aids/Grants - Capital Grants INTERGOVERNMENTAL 2,855 SPECIAL ASSESSMENTS 36102.00 County Assess. Collection (9,526) SPECIAL ASSESSMENTS (9,526) INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 160,630 100,100 100,100 125,000 24,900 24.88 36225.00 Unrealized Inv.Gain(Loss)56,391 INTEREST (LOSSES) ON INVESTMENTS 217,021 100,100 100,100 125,000 24,900 24.88 MISCELLANEOUS REVENUES 36212.00 Miscellaneous Revenue MISCELLANEOUS REVENUES TRANSFERS IN 39203.00 Transfer from Other Funds 9,810 TRANSFERS IN 9,810 CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 37901.00 Contribution (Other Fund)252,753 CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 252,753 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 37902.00 Contribution (Developers)117,910 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 117,910 OTHER FINANCING SOURCES 39315.00 Projects - Bond Premium 2,994 OTHER FINANCING SOURCES 2,994 CONTRIBUTIONS AND DONATIONS 36231.00 PERA Pension Contributions (335) CONTRIBUTIONS AND DONATIONS (335) WATER CHARGES 37160.00 Penalties 2,279 1,500 1,500 2,000 500 33.33 WATER CHARGES 2,279 1,500 1,500 2,000 500 33.33 STORM WATER CHARGES 32250.00 Wetland Conservation Act Fees 980 37120.00 Storm Water Revenue 2,059,519 2,125,713 2,125,713 2,212,035 86,322 4.06 STORM WATER CHARGES 2,060,499 2,125,713 2,125,713 2,212,035 86,322 4.06 TOTAL - FUND 602 2,656,260 2,227,313 2,227,313 2,339,035 111,722 5.02 2025 2026 2026 2027 2027 2027 ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED ACCOUNT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE REVENUES - DETAIL From Amended Budget Fund 604 - SEWER FUND INTERGOVERNMENTAL 33630.20 Metro Council Grants - Capital INTERGOVERNMENTAL CHARGES FOR SERVICES 37106.00 Spring Lake Township Utility Surcharge 7,546 CHARGES FOR SERVICES 7,546 SPECIAL ASSESSMENTS 36102.00 County Assess. Collection 7,956 SPECIAL ASSESSMENTS 7,956 INTEREST (LOSSES) ON INVESTMENTS 36210.00 Interest Earnings 171,000 119,500 119,500 150,000 30,500 25.52 36225.00 Unrealized Inv.Gain(Loss)71,869 INTEREST (LOSSES) ON INVESTMENTS 242,869 119,500 119,500 150,000 30,500 25.52 MISCELLANEOUS REVENUES 36212.00 Miscellaneous Revenue 32,630 37190.00 Miscellaneous Revenue Adj MISCELLANEOUS REVENUES 32,630 SALE OF ASSETS 39102.00 Sale of Property SALE OF ASSETS TRANSFERS IN 39203.00 Transfer from Other Funds 10,309 TRANSFERS IN 10,309 CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 37901.00 Contribution (Other Fund)65,744 CAPITAL CONTRIBUTIONS FROM OTHER FUNDS 65,744 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 37902.00 Contribution (Developers)178,127 CAPITAL CONTRIBUTIONS FROM DEVELOPERS 178,127 OTHER FINANCING SOURCES 39315.00 Projects - Bond Premium 16,160 OTHER FINANCING SOURCES 16,160 CONTRIBUTIONS AND DONATIONS 36231.00 PERA Pension Contributions (634) CONTRIBUTIONS AND DONATIONS (634) WATER CHARGES 37160.00 Penalties 7,199 6,000 6,000 6,000 WATER CHARGES 7,199 6,000 6,000 6,000 CAPITAL FACILITY CHARGES 37110.00 Utility Base Fee Revenue 1,323,937 1,527,666 1,527,666 1,610,176 82,510 5.40 CAPITAL FACILITY CHARGES 1,323,937 1,527,666 1,527,666 1,610,176 82,510 5.40 SEWER CHARGES 37102.00 Utility Receipts - Sewer 2,263,183 2,355,762 2,355,762 2,545,150 189,388 8.04 37104.00 Utility Recpt-Sewer MCES 2,074,890 2,117,886 2,117,886 2,331,351 213,465 10.08 SEWER CHARGES 4,338,073 4,473,648 4,473,648 4,876,501 402,853 9.05 TOTAL - FUND 604 6,229,916 6,126,814 6,126,814 6,642,677 515,863 8.42 TOTAL - ALL FUNDS 49,186,552 48,302,795 48,409,045 53,167,965 4,758,920 9.83 4,865,170 10.07 From Original Budget ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE Fund 101 - GENERAL FUND PERSONAL SERVICES 41110.00 MAYOR & COUNCIL 66,418 79,120 79,120 80,881 1,761 2.23 41320.00 ADMINISTRATION 328,975 355,644 355,644 380,664 25,020 7.04 41330.00 BOARDS & COMMISSIONS 5,276 7,782 7,782 7,785 3 0.04 41400.00 CITY CLERK FUNCTIONS 139,365 155,382 155,382 259,530 104,148 67.03 41410.00 ELECTIONS 21,846 99,120 115,120 (115,120) (100.00) 41520.00 FINANCE 704,433 760,066 760,066 776,371 16,305 2.15 41820.00 HUMAN RESOURCES 328,177 347,487 347,487 370,613 23,126 6.66 41830.00 COMMUNICATIONS 152,432 160,533 160,533 167,991 7,458 4.65 41910.00 COMMUNITY DEVELOPMENT 293,359 375,564 375,564 396,428 20,864 5.56 41920.00 INFORMATION TECHNOLOGY 271,552 375,217 375,217 473,482 98,265 26.19 41940.00 FACILITIES - CITY HALL 151,692 159,537 159,537 182,350 22,813 14.30 42100.00 POLICE 6,724,025 7,525,823 7,525,823 8,231,972 706,149 9.38 42200.00 FIRE 2,767,213 2,896,988 2,896,988 2,725,752 (171,236) (5.91) 42400.00 BUILDING INSPECTION 856,148 946,563 946,563 998,383 51,820 5.47 43050.00 ENGINEERING 344,487 417,388 417,388 435,546 18,158 4.35 43100.00 STREET 617,019 629,634 629,634 663,333 33,699 5.35 43400.00 CENTRAL GARAGE 303,500 329,749 329,749 342,685 12,936 3.92 45100.00 RECREATION 445,752 517,254 517,254 539,353 22,099 4.27 45200.00 PARKS 1,249,995 1,257,663 1,257,663 1,310,978 53,315 4.24 PERSONAL SERVICES 15,771,664 17,396,514 17,412,514 18,344,097 931,583 5.35 CURRENT EXPENDITURES 41110.00 MAYOR & COUNCIL 4,889 6,150 6,150 6,150 41130.00 ORDINANCE 3,965 6,000 6,000 6,000 41320.00 ADMINISTRATION 85,197 86,400 86,400 108,614 22,214 25.71 41330.00 BOARDS & COMMISSIONS 513 400 400 300 (100) (25.00) 41400.00 CITY CLERK FUNCTIONS 7,553 9,929 9,929 10,645 716 7.21 41410.00 ELECTIONS 9,992 19,912 19,912 (19,912) (100.00) 41520.00 FINANCE 89,895 32,364 34,364 48,660 14,296 41.60 41540.00 INTERNAL AUDITING 42,275 53,400 53,400 59,000 5,600 10.49 41550.00 ASSESSING 264,790 271,620 271,620 280,875 9,255 3.41 41610.00 LEGAL 300,940 324,612 324,612 304,992 (19,620) (6.04) 41820.00 HUMAN RESOURCES 56,744 52,574 52,574 74,600 22,026 41.90 41830.00 COMMUNICATIONS 15,141 58,000 68,000 34,000 (34,000) (50.00) 41910.00 COMMUNITY DEVELOPMENT 37,098 51,000 51,000 113,850 62,850 123.24 41920.00 COMMUNITY DEVELOPMENT 266,098 311,974 311,974 322,850 10,876 3.49 41940.00 FACILITIES - CITY HALL 880,854 831,525 831,525 883,735 52,210 6.28 42100.00 POLICE 807,270 978,452 1,030,452 1,006,578 (23,874) (2.32) 42200.00 FIRE 434,546 493,445 493,445 541,675 48,230 9.77 42400.00 BUILDING INSPECTION 15,123 31,338 31,338 23,990 (7,348) (23.45) 42500.00 EMERGENCY MANAGEMENT 11,784 18,290 18,290 18,362 72 0.39 42700.00 ANIMAL CONTROL 29,400 36,000 36,000 26,500 (9,500) (26.39) 43050.00 ENGINEERING 153,023 86,649 122,557 105,891 (16,666) (13.60) 43100.00 STREET 1,016,192 1,157,599 1,188,493 1,268,187 79,694 6.71 43400.00 CENTRAL GARAGE 273,060 338,725 338,725 338,850 125 0.04 45100.00 RECREATION 213,257 237,335 237,335 237,833 498 0.21 45200.00 PARKS 787,848 731,967 731,967 854,304 122,337 16.71 45500.00 LIBRARIES 29,254 30,077 30,077 30,977 900 2.99 CURRENT EXPENDITURES 5,836,701 6,255,737 6,386,539 6,707,418 320,879 5.02 CAPITAL OUTLAY 41410.00 ELECTIONS 30,000 30,000 (30,000) (100.00) 41830.00 COMMUNICATIONS 29 41910.00 COMMUNITY DEVELOPMENT 15,000 41920.00 INFORMATION TECHNOLOGY 18,634 130,000 155,000 73,000 (82,000) (52.90) 41940.00 FACILITIES - CITY HALL 26,703 42100.00 POLICE 32,527 15,000 21,800 36,000 14,200 65.14 42200.00 FIRE 42400.00 BUILDING INSPECTION 43600.00 DEVELOPMENT PROJECTS 30,324 45200.00 PARKS 19,525 CAPITAL OUTLAY 142,742 175,000 206,800 109,000 (97,800) (47.29) TRANSFERS OUT 80000.00 Transfers to other Funds 552,745 265,888 265,888 403,988 138,100 51.94 TRANSFERS OUT 552,745 265,888 265,888 403,988 138,100 51.94 TOTAL - FUND 101 22,303,852 24,093,139 24,271,741 25,564,503 1,292,762 5.33 BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget DEBT SERVICE FUNDS INTEREST AND OTHER 47000.00 DEBT SERVICE 907,775 866,592 866,592 878,406 11,814 1.36 INTEREST AND OTHER 907,775 866,592 866,592 878,406 11,814 1.36 PRINCIPAL 47000.00 DEBT SERVICE 4,278,731 4,205,000 4,205,000 4,615,000 410,000 9.75 PRINCIPAL 4,278,731 4,205,000 4,205,000 4,615,000 410,000 9.75 DEBT SERVICE 47000.00 DEBT SERVICE DEBT SERVICE TRANSFERS OUT 80000.00 Transfers to other Funds 2,838 38,568 38,568 (38,568) (100.00) TRANSFERS OUT 2,838 38,568 38,568 (38,568) (100.00) TOTAL - DEBT SERVICE FUNDS 5,189,344 5,110,160 5,110,160 5,493,406 383,246 7.50 Fund 210 - CABLE FRANCHISE FUND CURRENT EXPENDITURES 41340.00 PUBLIC CABLE ACCESS 14,302 3,700 3,700 3,700 CURRENT EXPENDITURES 14,302 3,700 3,700 3,700 CAPITAL OUTLAY 41340.00 PUBLIC CABLE ACCESS 10,000 10,000 CAPITAL OUTLAY 10,000 10,000 TOTAL - FUND 210 14,302 3,700 3,700 13,700 10,000 270.27 Fund 225 - CAPITAL PARK FUND CURRENT EXPENDITURES 45040.00 PIKE LAKE PARK 45200.00 PARKS 29,806 5,600 5,600 5,600 CURRENT EXPENDITURES 29,806 5,600 5,600 5,600 CAPITAL OUTLAY 45148.00 HWY 13 TRAIL GAP 45200.00 PARKS 1,989,628 272,346 1,600,000 1,327,654 487.49 CAPITAL OUTLAY 1,989,628 272,346 1,600,000 1,327,654 487.49 TOTAL - FUND 225 2,019,434 5,600 277,946 1,605,600 1,327,654 477.67 ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget Fund 240 - EDA SPECIAL REVENUE FUND PERSONAL SERVICES 46500.00 ECONOMIC DEVELOPMENT 150,385 181,798 181,798 189,627 7,829 4.31 PERSONAL SERVICES 150,385 181,798 181,798 189,627 7,829 4.31 CURRENT EXPENDITURES 46500.00 ECONOMIC DEVELOPMENT 99,709 88,750 88,750 108,300 19,550 22.03 46503.00 TECH VILLAGE INCUBATOR CURRENT EXPENDITURES 99,709 88,750 88,750 108,300 19,550 22.03 CAPITAL OUTLAY 46500.00 ECONOMIC DEVELOPMENT 385,000 385,000 395,000 10,000 2.60 46503.00 TECH VILLAGE INCUBATOR CAPITAL OUTLAY 385,000 385,000 395,000 10,000 2.60 TOTAL - FUND 240 250,094 655,548 655,548 692,927 37,379 5.70 Fund 410 - REVOLVING EQUIPMENT FUND CAPITAL OUTLAY 41830.00 COMMUNICATIONS 42100.00 POLICE 255,521 356,000 356,000 138,000 (218,000) (61.24) 42200.00 FIRE 1,377 70,000 70,000 1,669,540 1,599,540 2285.06 42400.00 BUILDING INSPECTION 42500.00 EMERGENCY MANAGEMENT 30,613 46,600 46,600 46,600 43050.00 ENGINEERING 43100.00 STREET 668,568 843,000 843,000 765,000 (78,000) (9.25) 43400.00 CENTRAL GARAGE 15,287 20,000 20,000 20,000 45200.00 PARKS 175,188 327,000 512,000 546,500 34,500 6.74 49400.00 WATER 49450.00 SEWER CAPITAL OUTLAY 1,146,554 1,662,600 1,847,600 3,185,640 1,338,040 72.42 TOTAL - FUND 410 1,146,554 1,662,600 1,847,600 3,185,640 1,338,040 72.42 Fund 430 - REVOLVING PARK EQUIP FUND CURRENT EXPENDITURES 45200.00 PARKS 2,981 CURRENT EXPENDITURES 2,981 CAPITAL OUTLAY 45200.00 PARKS 1,115,806 870,000 870,000 630,000 (240,000) (27.59) 45500.00 LIBRARIES CAPITAL OUTLAY 1,115,806 870,000 870,000 630,000 (240,000) (27.59) TRANSFERS OUT 80000.00 Transfers to other Funds 265,609 TRANSFERS OUT 265,609 TOTAL - FUND 430 1,384,396 870,000 870,000 630,000 (240,000) (27.59) ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget Fund 440 - FACILITIES MANAGEMENT FUND CURRENT EXPENDITURES 41940.00 FACILITIES - CITY HALL 1,911 12,000 12,000 (12,000) (100.00) CURRENT EXPENDITURES 1,911 12,000 12,000 (12,000) (100.00) CAPITAL OUTLAY 41910.00 COMMUNITY DEVELOPMENT 91,000 91,000 41940.00 FACILITIES - CITY HALL 59,350 435,000 565,000 384,000 (181,000) (32.04) 42100.00 POLICE 348,000 348,000 313,000 (35,000) (10.06) 42200.00 FIRE 222,386 70,000 217,500 170,000 (47,500) (21.84) 43100.00 STREET 92,360 103,000 103,000 (103,000) (100.00) 43400.00 CENTRAL GARAGE 45100.00 RECREATION 45200.00 PARKS 125,000 125,000 1,090,000 965,000 772.00 45500.00 LIBRARIES 273,317 200,000 231,480 106,760 (124,720) (53.88) 49400.00 WATER CAPITAL OUTLAY 647,413 1,281,000 1,589,980 2,154,760 564,780 35.52 INTEREST AND OTHER 41940.00 FACILITIES - CITY HALL 45,000 45,000 (45,000) (100.00) 43100.00 STREET INTEREST AND OTHER 45,000 45,000 (45,000) (100.00) TOTAL - FUND 440 649,324 1,338,000 1,646,980 2,154,760 507,780 30.83 Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND CURRENT EXPENDITURES 43100.00 STREET CURRENT EXPENDITURES CAPITAL OUTLAY 43100.00 STREET 1,167,000 1,167,000 (1,167,000) (100.00) CAPITAL OUTLAY 1,167,000 1,167,000 (1,167,000) (100.00) TRANSFERS OUT 80000.00 Transfers to other Funds 375,134 371,250 371,250 424,900 53,650 14.45 TRANSFERS OUT 375,134 371,250 371,250 424,900 53,650 14.45 INTEREST AND OTHER 43100.00 STREET 8,000 8,000 (8,000) (100.00) INTEREST AND OTHER 8,000 8,000 (8,000) (100.00) TOTAL - FUND 450 375,134 1,546,250 1,546,250 424,900 (1,121,350) (72.52) ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget Fund 601 - WATER FUND PERSONAL SERVICES 41520.00 FINANCE 91,512 102,223 102,223 110,344 8,121 7.94 49400.00 WATER 982,624 1,295,551 1,295,551 1,397,265 101,714 7.85 PERSONAL SERVICES 1,074,136 1,397,774 1,397,774 1,507,609 109,835 7.86 CURRENT EXPENDITURES 41520.00 FINANCE 34,955 49,450 49,450 47,645 (1,805) (3.65) 49400.00 WATER 2,895,942 2,364,216 2,364,216 2,382,610 18,394 0.78 CURRENT EXPENDITURES 2,930,897 2,413,666 2,413,666 2,430,255 16,589 0.69 CAPITAL OUTLAY 49400.00 WATER 63,292 2,486,000 2,704,583 710,000 (1,994,583) (73.75) CAPITAL OUTLAY 63,292 2,486,000 2,704,583 710,000 (1,994,583) (73.75) TRANSFERS OUT 80000.00 Transfers to other Funds 1,126,887 1,929,450 1,929,450 2,118,200 188,750 9.78 TRANSFERS OUT 1,126,887 1,929,450 1,929,450 2,118,200 188,750 9.78 INTEREST AND OTHER 47000.00 DEBT SERVICE 49400.00 WATER 28,950 22,500 22,500 15,500 (7,000) (31.11) INTEREST AND OTHER 28,950 22,500 22,500 15,500 (7,000) (31.11) PRINCIPAL 49400.00 WATER 135,000 140,000 140,000 150,000 10,000 7.14 PRINCIPAL 135,000 140,000 140,000 150,000 10,000 7.14 DEBT SERVICE 49400.00 WATER (135,000) DEBT SERVICE (135,000) OTHER FINANCING USES 49400.00 WATER 24,480 OTHER FINANCING USES 24,480 TOTAL - FUND 601 5,248,642 8,389,390 8,607,973 6,931,564 (1,676,409) (19.48) Fund 602 - STORM WATER UTILITY PERSONAL SERVICES 49420.00 WATER QUALITY 395,688 438,146 438,146 458,202 20,056 4.58 PERSONAL SERVICES 395,688 438,146 438,146 458,202 20,056 4.58 CURRENT EXPENDITURES 49420.00 WATER QUALITY 333,383 387,895 512,895 478,060 (34,835) (6.79) CURRENT EXPENDITURES 333,383 387,895 512,895 478,060 (34,835) (6.79) CAPITAL OUTLAY 49420.00 WATER QUALITY 342,231 402,000 638,414 585,000 (53,414) (8.37) CAPITAL OUTLAY 342,231 402,000 638,414 585,000 (53,414) (8.37) TRANSFERS OUT 80000.00 Transfers to other Funds 805,572 476,000 476,000 722,000 246,000 51.68 TRANSFERS OUT 805,572 476,000 476,000 722,000 246,000 51.68 INTEREST AND OTHER 49420.00 WATER QUALITY 50,606 49,650 49,650 47,650 (2,000) (4.03) INTEREST AND OTHER 50,606 49,650 49,650 47,650 (2,000) (4.03) PRINCIPAL 49420.00 WATER QUALITY 20,000 40,000 40,000 40,000 PRINCIPAL 20,000 40,000 40,000 40,000 DEBT SERVICE 49420.00 WATER QUALITY (20,000) DEBT SERVICE (20,000) TOTAL - FUND 602 1,927,480 1,793,691 2,155,105 2,330,912 175,807 8.16 ACCOUNT 2025 2026 2026 2027 2027 2027 AND ACTIVITY COUNCIL ADOPTED AMENDED PROPOSED PROPOSED PROPOSED DEPARTMENT DESCRIPTION BUDGET BUDGET BUDGET AMT CHANGE % CHANGE BUDGET REPORT CITY OF PRIOR LAKE EXPENDITURES - DETAIL From Amended Budget Fund 604 - SEWER FUND PERSONAL SERVICES 41520.00 FINANCE 91,499 102,223 102,223 110,344 8,121 7.94 49450.00 SEWER 514,936 723,512 723,512 603,321 (120,191) (16.61) PERSONAL SERVICES 606,435 825,735 825,735 713,665 (112,070) (13.57) CURRENT EXPENDITURES 41520.00 FINANCE 34,955 49,150 49,150 47,345 (1,805) (3.67) 49450.00 SEWER 3,322,669 2,768,346 2,768,346 2,949,718 181,372 6.55 CURRENT EXPENDITURES 3,357,624 2,817,496 2,817,496 2,997,063 179,567 6.37 CAPITAL OUTLAY 49450.00 SEWER 98,326 1,688,000 2,068,107 1,527,000 (541,107) (26.16) CAPITAL OUTLAY 98,326 1,688,000 2,068,107 1,527,000 (541,107) (26.16) TRANSFERS OUT 80000.00 Transfers to other Funds 443,612 1,041,000 1,041,000 1,338,000 297,000 28.53 TRANSFERS OUT 443,612 1,041,000 1,041,000 1,338,000 297,000 28.53 INTEREST AND OTHER 47000.00 DEBT SERVICE 49450.00 SEWER 28,950 22,500 22,500 15,500 (7,000) (31.11) INTEREST AND OTHER 28,950 22,500 22,500 15,500 (7,000) (31.11) PRINCIPAL 49450.00 SEWER 135,000 140,000 140,000 150,000 10,000 7.14 PRINCIPAL 135,000 140,000 140,000 150,000 10,000 7.14 DEBT SERVICE 49450.00 SEWER (135,000) DEBT SERVICE (135,000) OTHER FINANCING USES 49450.00 SEWER OTHER FINANCING USES TOTAL - FUND 604 4,534,947 6,534,731 6,914,838 6,741,228 (173,610) (2.51) TOTAL - ALL FUNDS 45,043,503 52,002,809 53,907,841 55,769,140 1,861,299 3.45 3,766,331 7.24 From Original Budget City of Prior Lake Council Worksession 7.28.2026 2027 Budget Attachment 3 Budgeted Funds BSA: Dept Requested Budget Debt Capital Revolving Revolving Park Permanent Facilities Total Total General Service Cable Park Equipment Equipment Improvement Management EDA Governmental Water Sewer Water Quality Enterprise Budgeted Fund Funds Fund Fund Fund Fund Revolving Fund Fund Funds Fund Fund Fund Funds Funds Revenues / Sources Property Taxes Levy - Tax Capacity 16,864,136$ -$ -$ -$ 1,025,000$ 655,000$ -$ 355,000$ 405,000$ 19,304,136$ -$ -$ -$ -$ 19,304,136 Levy - Tax Capacity for Debt Service - 3,454,655 - - - - - - - 3,454,655 3,454,655 Levy - Market Value 273,988 - - - - - - - - 273,988 - - - - 273,988 MVHC Aid - - - - - - - - - - - - - - - Special Assessments 4,000 323,118 - - - - 202,839 - - 529,957 - - - - 529,957 Licenses & Permits 708,790 - - - - - - - - 708,790 - - - - 708,790 Fines & Forfeits 108,000 - - - - - - - - 108,000 - - - - 108,000 Intergovernmental 4,413,930 - - 850,000 - 283,600 - - - 5,547,530 5,000 - - 5,000 5,552,530 Charges for Services 1,437,359 - 8,400 313,467 - - - - 27,000 1,786,226 5,794,483 6,492,677 2,214,035 14,501,195 16,287,421 Other Revenues 1,029,300 101,900 - 31,600 16,400 220,100 36,600 21,400 26,100 1,483,400 300,000 150,000 125,000 575,000 2,058,400 Bond Proceeds - - - - 2,200,000 - - 500,000 - 2,700,000 - . - 2,700,000 Lease Proceeds - - - - - - - - - - - - - - - Transfers From Other Funds General Fund - 273,988 - - - - - 130,000 - 403,988 - - - - 403,988 Debt Service Funds - - - - - - - - - - - - - - - Water Fund 281,000 636,200 - - - - - - - 917,200 - - - - 917,200 Sewer Fund 279,000 - - - - - - - - 279,000 - - - - 279,000 Water Quality Fund 133,000 - - - - - - - - 133,000 - - - - 133,000 Trunk Reserve Fund - - - - - - - - - - - - - - - TIF Fund - - - - - - - - - - - - - - - PIR Fund - 424,900 - - - - - - - 424,900 - - - - 424,900 Facilities Management Fund - - - - - - - - - - - - - - - Capital Park Fund - - - - - - - - - - - - - - - Construction Fund - - - - - - - - - - - - - - - Police Forfeiture Fund - - - - - - - - - - - - - - - Public Safety Special Revenue Fund 32,000 - - - - - - - - 32,000 -$ -$ -$ 32,000 Total Revenues / Sources 25,564,503$ 5,214,761$ 8,400$ 1,195,067$ 3,241,400$ 1,158,700$ 239,439$ 1,006,400$ 458,100$ 38,086,770$ 6,099,483$ 6,642,677$ 2,339,035$ 15,081,195$ 53,167,965$ Expenditures / Uses Employee Services 18,344,097$ -$ -$ -$ -$ -$ -$ -$ 189,627$ 18,533,724$ 1,507,609$ 713,665$ 458,202$ 2,679,476$ 21,213,200$ Current Expenditures 6,707,418 - 3,700 5,600 - - - - 108,300 6,825,018 2,430,255 2,997,063 478,060 5,905,378 12,730,396 Capital Outlay 109,000 - 10,000 1,600,000 - - - - 395,000 2,114,000 - - - - 2,114,000 Capital Improvements - - - - 3,185,640 630,000 - 2,154,760 - 5,970,400 710,000 1,527,000 585,000 2,822,000 8,792,400 Subtotal 25,160,515$ -$ 13,700$ 1,605,600$ 3,185,640$ 630,000$ -$ 2,154,760$ 692,927$ 33,443,142$ 4,647,864$ 5,237,728$ 1,521,262$ 11,406,854$ 44,849,996$ Transfers To Other Funds General Fund -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 281,000$ 279,000$ 133,000$ 693,000$ 693,000$ Construction Fund - - - - - - - - - - 1,201,000 1,059,000 589,000 2,849,000 2,849,000 Equipment Fund - - - - - - - - - - - - - - - Park Equipment Fund - - - - - - - - - - - - - - - Debt Service Funds 273,988 - - - - - 424,900 - - 698,888 636,200 - - 636,200 1,335,088 PIR Fund - - - - - - - - - - - - - - - Facilities Management Fund 130,000 - - - - - - - - 130,000 - - - - 130,000 EDA Fund - - - - - - - - - - - - - - - Severance Compensation Fund - - - - - - - - - - - - - - - Contingency - - - - - - - - - - - - - - - Debt Service - 5,493,406 - - - - - - - 5,493,406 165,500 165,500 87,650 418,650 5,912,056 Subtotal 403,988$ 5,493,406$ -$ -$ -$ -$ 424,900$ -$ -$ 6,322,294$ 2,283,700$ 1,503,500$ 809,650$ 4,596,850$ 10,919,144$ Total Expenditures / Uses 25,564,503$ 5,493,406$ 13,700$ 1,605,600$ 3,185,640$ 630,000$ 424,900$ 2,154,760$ 692,927$ 39,765,436$ 6,931,564$ 6,741,228$ 2,330,912$ 16,003,704$ 55,769,140$ Change in Fund Balance -$ (278,645)$ (5,300)$ (410,533)$ 55,760$ 528,700$ (185,461)$ (1,148,360)$ (234,827)$ (1,678,666)$ (832,081)$ (98,551)$ 8,123$ (922,509)$ (2,601,175)$ 2027 City Property Tax Levy Comparison Council Worksession 7.28.2026Attachment 3 Change 26 - 27 Property Taxes 2026 2027 Amount Percent Levy - Tax Capacity General Fund - Operating 16,267,024$ 16,864,136$ 597,112$ 3.7% Debt Service Funds 2,979,221 3,454,655 475,434 16.0% Revolving Equipment Fund 925,000 1,025,000 100,000 10.8% Revolving Park Equipment Fund 595,000 655,000 60,000 10.1% Permanent Improvement Revolving Fund - - - n/a Facilities Management Fund 305,000 355,000 50,000 16.4% 21,071,245 22,353,791 1,282,546 6.1% Levy - Market Value - General Fund 265,888 273,988 8,100 3.0% Total City Levy 21,337,133$ 22,627,779$ 1,290,646$ 6.05% 2027 EDA Property Tax Levy Comparison Change 26 - 27 Property Taxes 2026 2027 Amount Percent Economic Dev Authority Levy 405,000 405,000 - 0.0% 2027 Budget Expenditure Comparisons (2026 Original Budgets) Capital Revolving Revolving Park Permanent Facilities Total Total General Debt Service Cable Park Equipment Equipment Improvement Management EDA Governmental Water Sewer Water Quality Enterprise Budgeted Fund Funds Fund Fund Fund Fund Revolving Fund Fund Funds Fund Fund Fund Funds Funds 2027 Total Expenditures / Uses 25,564,503$ 5,493,406$ 13,700$ 1,605,600$ 3,185,640$ 630,000$ 424,900$ 2,154,760$ 692,927$ 39,765,436$ 6,931,564$ 6,741,228$ 2,330,912$ 16,003,704$ 55,769,140$ 2026 Total Expenditures / Uses 24,093,139$ 5,110,160$ 3,700$ 5,600$ 1,662,600$ 870,000$ 1,546,250$ 1,338,000$ 655,548$ 35,284,997$ 8,389,390$ 6,534,731$ 1,793,691$ 16,717,812$ 52,002,809$ Change 2026 to 2027 ($) 1,471,364$ 383,246$ 10,000$ 1,600,000$ 1,523,040$ (240,000)$ (1,121,350)$ 816,760$ 37,379$ 4,480,439$ (1,457,826)$ 206,497$ 537,221$ (714,108)$ 3,766,331$ Change 2026 to 2027 (%) 6.11% 7.50% 270.27% 28571.43% 91.61% -27.59% -72.52% 61.04% 5.70% 12.70% -17.38% 3.16% 29.95% -4.27% 7.24% 2027 Budget Expenditure Comparisons (2026 Amended Budgets) Capital Revolving Revolving Park Permanent Facilities Total Total General Debt Service Cable Park Equipment Equipment Improvement Management EDA Governmental Water Sewer Water Quality Enterprise Budgeted Fund Funds Fund Fund Fund Fund Revolving Fund Fund Funds Fund Fund Fund Funds Funds 2027 Total Expenditures / Uses 25,564,503$ 5,493,406$ 13,700$ 1,605,600$ 3,185,640$ 630,000$ 424,900$ 2,154,760$ 692,927$ 39,765,436$ 6,931,564$ 6,741,228$ 2,330,912$ 16,003,704$ 55,769,140$ 2026 Total Expenditures / Uses 24,271,741$ 5,110,160$ 3,700$ 277,946$ 1,847,600$ 870,000$ 1,546,250$ 1,646,980$ 655,548$ 36,229,925$ 8,607,973$ 6,914,838$ 2,155,105$ 17,677,916$ 53,907,841$ Change 2026 to 2027 ($) 1,292,762$ 383,246$ 10,000$ 1,327,654$ 1,338,040$ (240,000)$ (1,121,350)$ 507,780$ 37,379$ 3,535,511$ (1,676,409)$ (173,610)$ 175,807$ (1,674,212)$ 1,861,299$ Change 2026 to 2027 (%) 5.33% 7.50% 270.27% 477.67% 72.42% -27.59% -72.52% 30.83% 5.70% 9.76% -19.48% -2.51% 8.16% -9.47% 3.45% 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 2027 Proposed Tax Levy Components Attachment 3 LEVY CHANGE – 6.05% Personnel Adds: 1.95% Personnel Adds - $416,000 The city’s current full-time equivalent (FTE) headcount is 125.02. It is proposed to increase by 3 FTE to 128.02 in 2027. The 2027 budget includes new tax levy funding of $416k for an Administrative Assistant and the addition of two Police Officers. Capital Improvement Program (CIP) Tax Levy Components – 0.98% Equipment Replacement funding – $100,000 The Equipment Replacement Plan (ERP) utilizes general tax levies to support replacement of the City’s equipment and vehicle fleet. The ten-year average annual cost for the plan is about $1.66M. The financing plan reflects a gradual increase in the tax levy until the annual levy reaches our annual funding goal. The proposed total levy for 2027 is $1.025M. Since the proposed levy increase is gradual, bonding may be required for the plan to meet our funding needs. Park Equipment Replacement funding -$60,000 The Revolving Park Plan funds capital replacement projects, park amenities, and trail, sidewalk, and boardwalk replacement. The plan proposes a phased increase in the tax levy to cover the capital projects in the plan. The proposed total levy for 2027 is $655k. Facilities Management Plan funding -$50,000 The Facility Management Plan (FMP) was developed to plan for major repairs, replacements, and upgrades for all city facilities on a long-term basis (25 years). It does not cover minor expenses for repairs and maintenance. Those will continue to be funded through the operating budgets. 2027 capital projects include projects at the Fire Station #2, Ryans and Lakefront Parks, Library & Club Prior, Police Station and City Hall. The proposed total levy for 2027 is $355k. Operating – 3.12% STAFFING Wage/COLA and Benefits - $531,000 The city has labor agreements with three unions for 2027. The budget includes a proposed cost of living adjustment, step increases and mandatory city payroll taxes and Public Employees Retirement Association (PERA) contribution increases: COLA/Steps - $584k, PERA, SS, FICA - $137k. Health and Dental Insurance estimated expenditure increase of $104k. The proposed budget reflects a 15% increase in health and a 10% increase in dental insurance premiums. Updated premium increase information will be provided to the city in late August. Workers’ Compensation expenditures are estimated to decrease $107k from the prior year budget. After the 2026 budget was completed, the city received the updated rates from LMCIT, which were lower than budgeted. The City is budgeting for a 5% increase in worker’s compensation insurance compared to 2026 actual premiums. Actual rate changes will not be available until the end of November. 1 CURRENT EXPENDITURES Prosecution Services – ($24,000) Reduction in funding for the Scott Co. prosecution services. Small Equipment – ($67,000) This includes a $25k decrease for IT mainly due to a timing difference of when laptops need to be replaced. Software Service Contracts – $80,000 This includes a $26k increase for new software service contracts for security, VPN replacement and helpdesk. $23k of this increase is for Fire’s First Due software. We have used this software for the past several years; however, this is the first year the associated costs have been included in the software contracts budget. Maintenance Agreements – $216,000 Maintenance agreements include building and structures, equipment, trees and landscape, and general. Most of the increase is due to required maintenance on retaining walls around the City. Capital Outlay – ($89,000) 2027 costs are estimated to be $89k less than the prior year which included election equipment and two server replacements. NON-TAX REVENUE – ($866,000)  Intergovernmental revenue is increasing by $274k compared to 2026. This includes: o $125k increase in local government aid from the SMSC o $62k increase in fire state aid o $72k increase in police state aid o Partially offset by decrease in capital grants of $106k  Increase in Transfer-In as a funding source of $57k. This is based on operating transfers from the utility funds along with $32k from the MN Public Safety grant fund for public safety equipment.  Increase in interest earnings of $27k. Budget reflects anticipated earnings on investments.  Revenue from residential building permits/plan check fees budget is $247k and $160k more, respectively, than the 2026 budget. The city collects building permits and plan check revenue on new residential and townhome units built. Prior Lake is still growing, but the 2027 estimate for new construction units is 60 single family/50 townhomes (110 total) which generates more revenue than the 2026 budget mix of 50 single family/0 townhomes (50 total).  Franchise fee revenue decrease of $14k. OTHER Other Items – $484,000 Increase in debt service compared to 2026. 2 2027 Preliminary Tax July 28, 2026 BudgetLevy and PriorLakeMN.gov General Fund ReservesResidential ImpactProposed Tax Levy Change and Tax Rate Budget and Proposed Tax Levy AssumptionTax Levy Considerations2027:2 Agenda PriorLakeMN.gov 2027 Base Tax Levy Considerations 3 budget is personnel costs.* Used May YTD wage growth of 3.7% as 72% of city PriorLakeMN.gov Inflation 4.2%•Wages 3.7%•May 2026:U.S. inflation rate versus wage growth 4 PriorLakeMN.gov SMSC aidIntergovernmental revenue increaseBuilding permits of 110/year (60 single family/50 townhomes)Revenue Assumptions:Estimated tax capacity has increased 4.6% to $68.5MEstimated market value has increased 4.1% to $6.2BGrowth in tax capacity and market value assumptions for pay 2027:5 2027 Budget and Property Tax Assumptions PriorLakeMN.gov term plans (CIP) -Commitments to longFunding to support inflation for wages and goods & servicesTwo Police Officers•Administrative Assistant•2027:Staffing Changes per Personnel Plan6 2027 Budget and Property Tax Assumptions PriorLakeMN.gov7 to cover rising costs.Any increase in EDA tax levy will be minimal discussions ongoing. –tax levy EDA Total •City tax rate of 32.0% (2.07% increase).•based on the preliminary budgets. from the prior year levy 6.05% increasea which is 22,627,779of $tax levy CITY Total •Property Tax Projection Summary PriorLakeMN.gov Components of the Tax Levy Change represents 21% of the Police/Fire •levy increase is 6.05%•$1,291,000tax levy increase is The 2027 proposed •8 PriorLakeMN.gov Increase in debt service$484k-Other construction unitsplanning for 110 new –Residential building permits/plan check fees -Intergovernmental revenue increase-$866k-Tax Revenue increase -NonDecreases in prosecution services, small equipment and capital outlay-wallsMaintenance agreement increase for required maintenance on retaining -New software service contracts for Fire, IT-$605k-Current expenditures increase 3.12%–Operating Worker’s comp insurance increases-Health and Dental insurance increases-Labor agreements with 3 unions for 2027-$531k-Wages/COLA/Benefits increase 0.98%–Capital Improvement Program (CIP) $50k-Facilities Management plan funding -$60k-Park equipment replacement funding -$100k-Equipment replacement funding -1.95%–New Administrative Assistant position and 2 Police Officers 6.05%–Levy Change 2027 Proposed Budget & 9 PriorLakeMN.gov LGN $40,000already removed from 2027 budget–NLC $2,200 MLC $7,300LMC $25,500SCALE $15,000Metro Cities $9,500Currently included in budget:2027 Lobbyist Expenses 10 PriorLakeMN.gov Tax Levy ChangeResidential Impact of the Proposed City 11.2027home of $461,700 for pay for a median valued 70tax is $The estimated increase in city •increased 4% for pay 2027. Estimated market value has • PriorLakeMN.gov(54%)-End Estimated Reserve -2027 Year$14.4M (56%)-End Estimated Reserve Balance -2026 YearCFMP specifies a range between 40% and 50%12 General Fund Reserve PriorLakeMN.gov13 Five Year –City Financial Plan PriorLakeMN.gov Source: Minnesota Department of Revenue202545.8330.500.60202442.4030.280.63202342.3028.110.62202245.9230.460.74202145.2930.270.84YearAreaCounty Metro -SevenLakeCity of Prior AuthorityDevelopment Economic City Levy/Tax Capacity = Tax Rate 14 Capacity RateSeven County Metro Area Average Tax PriorLakeMN.gov Shakopee27.77%28.94%Savage40.53%42.56%Prior Lake30.50%31.38%New Prague44.88%45.12%Jordan56.79%59.39%46.80%45.17%Credit River15.76%15.10%Belle Plaine93.46%94.24%City20252026 Scott County Tax Capacity Rate by City 15 32.0%based on preliminary 2027 budget is 2027 Prior Lake City Tax Rate estimate •City Levy/Tax Capacity = Tax Rate• PriorLakeMN.gov projectsstreetforassesstoabilitylimitedforExposure2032inexpansionCenterMaintenanceincludingimprovements,facilityfutureforFundingplanfundingParksplanmanagementpavementforFunding:Fu ndingProjectCapitalimpactsinflationandconditionsMarket–commoditiesandWages/HealthcaredevelopmentofratetheinReductionmandatesUnfundedservicescitymaintaintostaffadditionalforFunding:FundGeneral 16 Future Challenges PriorLakeMN.gov Increase in rate for Police contracted servicesrate changes–Utility Billing 17(preliminary)Fee Schedule Proposed Changes PriorLakeMN.gov Next Steps Public Budget Meeting/Adopt Final Tax –Dec. 8 Budget Work Session–Nov. 10 Preliminary Tax Levy and Budget Public Budget Meeting/Adopt -September 22 Budget Work Session, if needed–August 25 2027 only–Discussion/CIP Debt Impacts Preliminary Budget/Tax Levy –July 28 Financial Plan, CIP Planyear -Personnel Plan, 10–18 ScheduleLevy and 2027 Tax PriorLakeMN.gov leviestaxproposedondirectionCouncil19 Council Discussion