The URL can be used to link to this page

Home My WebLink About01(B) - SCALE Regional Training Facility (RTF) Discussion ReportSCALE RTF Proforma Analysis A study of sample projects to review the impact of revenues and expenditures for each RTF member. September 13, 2024 Roadmap Lego Exercise Is the existing RTF site and possibly the adjacent property conducive to re-developing the RTF into a state-of-the-art public safety training center which will serves its members far into the future? YES Operating and Revenue Analysis What are the financial impacts to each RTF member if future investments are made? Member Review Period Belle Plaine Elko New Market Jordan New Prague Prior Lake Savage Shakopee SMSC Scott County Build Program/ Budget Consensus through a Pre- Design Process What should those investments be based upon financial review of each member? What will it look like? Seek State Funding Content and Disclaimer •The intent of this study is not to establish, propose, or suggest future budgets. All budgets indicated in the future are to establish a baseline for projecting fiscal impacts for each member. •Budgets and sample projects indicated in this study have not been vetted by any committee other than for the purposes of understanding the effects varying degrees of capital investments and/or operating costs will have on each member. Current Budget Assumed Balance Sheet until 2027 Budget Line Item per Year Until 2027 Approximate Revenues $579,241 Approximate Operating Expenses ($404,839) Existing Debt Service ($195,875) Approximate Balance -$21,473 Current and Assumed Baseline Member Breakdown Baseline % Breakdown for this Study (2027+) Member Current %Current Baseline Future % Belle Plaine 1.41%$ 7,034 1.59% Elko New Market 1.08%$ 5,389 1.24% Jordan 1.19%$ 5,944 1.35% New Prague 1.67%$ 8,353 1.87% Prior Lake 8.72%$ 43,598 9.48% Savage 8.54%$ 42,713 9.29% Shakopee 11.69%$ 58,469 12.69% RTF Reserve 7.95%$ 39,745 0% SMSC 8.92%$ 44,604 9.70% Scott County 48.83%$ 244,137 52.78% 100.00%$ 499,986 100.00% Budget 2027+ •All future debt service for the purposes of this study assume level debt service payments over a 30-year period at an interest rate of 3.75% Assumed Operating Expenses 2027+ Sample Budget Update (Assuming NO Increased Usage) Budget Line Item 2027 Delta from Today Change Inflation 3% Annual until 2030 Salaries – Proposed Staffing $251,080 $46,080 Adding PT staff Taxes / Benefits – Proposed Staffing $69,271 Increase due to additional PT staff Insurance / Workers Comp $10,000 Office Costs $4,500 Subscriptions / Dues $1,000 Consumables $17,000 Utilities $63,000 $0 Assumes no meaningful increase to overall usage Scott County Internal Services $35,000 Repairs / Maintenance $36,500 New Debt Service $71,743 $2,000,000 min capital investment 10% Reserve Contribution $68,000 $68,000 Suggest 10%, was not included in recent budgets Total $685,243 $114,080 $748,783 Assumed Baseline Operating Expenses 2027+ Sample Budget Update (Assuming Increased Usage, w/out Factoring Capital Investment) Budget Line Item 2027 Delta from Today Change Inflation 3% Annual until 2030 Salaries – Proposed Staffing $316,080 $111,080 Add FT coordinator, Adding PT staff Taxes / Benefits – Proposed Staffing $87,114 Increase due to additional FT / PT staff Insurance / Workers Comp $10,000 Office Costs $4,500 Subscriptions / Dues $1,000 Consumables $17,000 Utilities $103,000 $40,000 Increased overall usage Scott County Internal Services $35,000 Repairs / Maintenance $36,500 Debt Service ???Dependent upon agreed upon capital investment 10% Reserve Contribution $68,000 $68,000 Suggest 10%, was not in recent budgets Total $678,194 $219,080 $741,080 Assumed Operating Expenses 2027+ Required Revenue (Hypothetical Budget Update) Agency Current Assumed Future % New Cost Existing Outside Revenue After Outside Revenue Belle Plaine $ 7,034 1.59%$11,773 $10,098 Elko New Market $ 5,389 1.23%$9,141 $7,840 Jordan $ 5,944 1.35%$10,029 $8,602 New Prague $ 8,353 1.87%$13,884 $11,908 Prior Lake $ 43,598 9.48%$70,277 $60,274 Savage $ 42,713 9.29%$68,861 $59,059 Shakopee $ 58,469 12.69%$94,071 $80,681 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$71,886 $61,654 Scott County $ 244,137 52.78%$391,145 $335,471 $ 499,986 100.00%$741,067 $105,482 $635,587 Sample Projects Used to Determine Fiscal Impact •Each sample project that follows indicates varying degrees of capital investment. These sample projects are in no way meant to suggest recommended projects for capital investments, as the scope of this study did not include user group meetings to build consensus for the purposes of developing a recommended building program. Future Outside Revenue Projections •Historically large non-member users of the RTF include Lakeville and Carver County. •Lakeville is opening a new facility in 2026. This will negatively impact future outside revenues. •Carver County has left the RTF. It is unknown right now as to what extent they will represent future outside revenue. •The RTF continues to service communities historically served by South Metro. It is not anticipated that their usage could be relied upon for significant increases in revenue due to travel distance. Future Outside Revenue Projections •There are over a dozen private entities that historically utilize the RTF; however, each entities usage is relatively minor. Without further in-depth discussions with several of these entities, these current revenue streams can’t be relied upon for significant revenue increases in the future. Future Outside Revenue Projections •For this study, future increases in revenue projections are modest and based upon a combination of factors depending upon the sample project, including: •A new indoor range and / or improved existing outdoor ranges •Expansion of Class A burn props / buildings •Expanded and / or renovated reality-based training scenario environments •Improved classroom, defensive tactics room, and virtual reality. Future Outside Revenue Projections •For this study, future increases in outside revenue projections are modest and range from: •Current levels of approximately $105,000 •Varying levels of increase based upon the combination of new/renovated training environments: $139,420 per year $157,348 per year $168,308 per year $185,516 per year Sample Project 1A (4 phase project) •Renovate 25 / 200-yard outdoor ranges •Add 50-yard indoor range •Renovate the main existing historic building •Add additional class A fire props, and update Fire Training tower. Sample Project 1A (Phase 1) Sample Project 1A (Phase 1) Capital Cost Assumptions 13,248 sf 600 $/sf $7,948,800 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $9,298,800 Construction Cost ($1,146,000)Grant $8,198,800 Total Construction Cost 15%Soft Costs $1,229,820 Soft Costs $9,428,620 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1A Budget Update) $9,428,620 Project Agency Current Assumed Future % Phase 1 Half State Funding After Outside Revenues Phase 1 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$12,257 $15,044 Elko New Market $ 5,389 1.23%$9,476 $11,653 Jordan $ 5,944 1.35%$10,401 $12,781 New Prague $ 8,353 1.87%$14,409 $17,669 Prior Lake $ 43,598 9.48%$73,065 $89,194 Savage $ 42,713 9.29%$71,602 $87,410 Shakopee $ 58,469 12.69%$97,806 $119,363 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$74,764 $91,266 Scott County $ 244,137 52.78%$406,994 $496,381 $ 499,986 100.00%$770,773 $940,759 $139,420 Sample Project 1A (Phase 2) Sample Project 1A (Phase 2) Capital Cost Assumptions 10,000 sf $550 $/sf $5,500,000 Construction Cost $200,000 Demo $1,000,000 Site work $6,700,000 Total Construction Cost 15%Soft Costs $1,005,000 Soft Costs $7,705,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1A Budget Update) $7,705,000 Project Agency Current Assumed Future % Phase 2 Half State Funding After Outside Revenues Phase 2 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$11,481 $13,678 Elko New Market $ 5,389 1.23%$8,874 $10,574 Jordan $ 5,944 1.35%$9,741 $11,606 New Prague $ 8,353 1.87%$13,495 $16,079 Prior Lake $ 43,598 9.48%$68,434 $81,535 Savage $ 42,713 9.29%$67,064 $79,902 Shakopee $ 58,469 12.69%$91,607 $109,144 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$70,027 $83,432 Scott County $ 244,137 52.78%$381,209 $454,175 $ 499,986 100.00%$721,931 $879,275 $157,348 Sample Project 1A (Phase 3) Sample Project 1A (Phase 3) Capital Cost Assumptions 31,635 sf $500 $/sf $15,817,500 Construction Cost $1,000,000 Demo $1,000,000 Site work $17,817,500 Total Construction Cost 20%Soft Costs $3,563,500 Soft Costs $21,381,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1A Budget Update) $21,381,000 Project Agency Current Assumed Future % Phase 3 Half State Funding After Outside Revenues Phase 3 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$15,207 $21,304 Elko New Market $ 5,389 1.23%$11,756 $16,473 Jordan $ 5,944 1.35%$12,904 $18,081 New Prague $ 8,353 1.87%$17,876 $25,047 Prior Lake $ 43,598 9.48%$90,648 $127,002 Savage $ 42,713 9.29%$88,883 $124,458 Shakopee $ 58,469 12.69%$121,343 $170,007 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$92,756 $129,954 Scott County $ 244,137 52.78%$504,936 $707,415 $ 499,986 100.00%$956,259 $1,355,702 $168,308 Sample Project 1A (Phase 4) Sample Project 1A (Phase 4) Capital Cost Assumptions $2,000,000 Construction Cost $50,000 Demo $250,000 Site work $2,300,000 Total Construction Cost 15%Soft Costs $345,000 Soft Costs $2,645,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1A Budget Update) $2,645,000 Project Agency Current Assumed Future % Phase 4 ½ State Funding After Outside Revenues Phase 4 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$9,590 $10,345 Elko New Market $ 5,389 1.23%$7,410 $7,994 Jordan $ 5,944 1.35%$8,134 $8,775 New Prague $ 8,353 1.87%$11,270 $12,157 Prior Lake $ 43,598 9.48%$57,159 $61,657 Savage $ 42,713 9.29%$56,016 $60,423 Shakopee $ 58,469 12.69%$76,514 $82,535 RTF Reserve $ 39,745 0% SMSC $ 44,604 9.70%$58,491 $63,093 Scott County $ 244,137 52.78%$318,423 $343,472 $ 499,986 100.00%$603,009 $650,449 $185,516 Sample Project 1A (All Phases) Sample Project 1A (All Phases) Capital Cost Assumptions 60,597 sf $41,159,620 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Option 1A Budget Update) $41,159,620 Project Agency Current Assumed Future % All Phases ½ State Funding After Outside Revenues All Phases No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$20,574 $32,312 Elko New Market $ 5,389 1.23%$15,907 $24,987 Jordan $ 5,944 1.35%$17,460 $27,426 New Prague $ 8,353 1.87%$24,187 $37,992 Prior Lake $ 43,598 9.48%$122,646 $192,629 Savage $ 42,713 9.29%$120,190 $188,771 Shakopee $ 58,469 12.69%$164,175 $257,856 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$125,497 $197,105 Scott County $ 244,137 52.78%$683,158 $1,072,941 $ 499,986 100.00%$1,293,794 $2,032,019 $185,516 Sample Project 1B (3 phase project) •Small support building for existing outdoor ranges, upgrade existing ranges •Add additional class A fire props, and update Fire Training tower •Demo the main existing historic building, construct new training facility on site of old buildings Sample Project 1B (Phase 1) Sample Project 1B (Phase 1) Capital Cost Assumptions 4,250 sf $675 $/sf $2,868,750 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $4,264,750 Construction Cost ($1,146,000)Grant $3,118,750 Total Construction Cost 15%Soft Costs $467,813 Soft Costs $3,586,563 Total Project Cost 13,248 sf 600 $/sf $7,948,800 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $9,298,800 Construction Cost ($1,146,000)Grant $8,198,800 Total Construction Cost 15%Soft Costs $1,229,820 Soft Costs $9,428,620 Total Project Cost 4,250 sf $675 $/sf $2,868,750 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $4,264,750 Construction Cost ($1,146,000)Grant $3,118,750 Total Construction Cost 15%Soft Costs $467,813 Soft Costs $3,586,563 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1B Budget Update) $3,586,563 Project Agency Current Assumed Future % Phase 1 ½ State Funding After Outside Revenues Phase 1 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$10,591 $11,614 Elko New Market $ 5,389 1.23%$8,187 $8,978 Jordan $ 5,944 1.35%$8,986 $9,855 New Prague $ 8,353 1.87%$12,449 $13,652 Prior Lake $ 43,598 9.48%$63,132 $69,230 Savage $ 42,713 9.29%$61,868 $67,844 Shakopee $ 58,469 12.69%$84,509 $92,672 RTF Reserve $ 39,745 0% SMSC $ 44,604 9.70%$64,601 $70,840 Scott County $ 244,137 52.78%$504,936 $385,634 $ 499,986 100.00%$665,991 $730,319 $139,420 Sample Project 1B (Phase 2) Sample Project 1B (Phase 2) Capital Cost Assumptions $2,000,000 Construction Cost $50,000 Demo $250,000 Site work $2,300,000 Total Construction Cost 15%Soft Costs $345,000 Soft Costs $2,645,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1B Budget Update) $2,645,000 Project Agency Current Assumed Future % Phase 2 ½ State Funding After Outside Revenues Phase 2 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$9,590 $10,345 Elko New Market $ 5,389 1.23%$7,410 $7,944 Jordan $ 5,944 1.35%$8,134 $8,775 New Prague $ 8,353 1.87%$11,270 $12,157 Prior Lake $ 43,598 9.48%$57,159 $61,657 Savage $ 42,713 9.29%$56,016 $60,423 Shakopee $ 58,469 12.69%$76,514 $82,535 RTF Reserve $ 39,745 0% SMSC $ 44,604 9.70%$58,491 $63,093 Scott County $ 244,137 52.78%$318,423 $343,472 $ 499,986 100.00%$603,009 $650,449 $185,516 Sample Project 1B (Phase 3) Sample Project 1B (Phase 3) Capital Cost Assumptions 20,000 sf $550 $/sf $11,000,000 Construction Cost $2,000,000 Demo $1,000,000 Site work $14,500,000 Total Construction Cost 20%Soft Costs $2,900,000 Soft Costs $17,400,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 1B Budget Update) $17,400,000 Project Agency Current Assumed Future % Phase 3 ½ State Funding After Outside Revenues Phase 3 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$14,071 $19,033 Elko New Market $ 5,389 1.23%$10,878 $14,716 Jordan $ 5,944 1.35%$11,940 $16,153 New Prague $ 8,353 1.87%$16,541 $22,377 Prior Lake $ 43,598 9.48%$83,879 $113,464 Savage $ 42,713 9.29%$82,200 $111,192 Shakopee $ 58,469 12.69%$112,282 $151,885 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$85,830 $116,102 Scott County $ 244,137 52.78%$467,236 $632,015 $ 499,986 100.00%$884,857 $1,365,245 $168,308 Sample Project 1B (All Phases) Capital Cost Assumptions 29,964 sf $23,631,563 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Option 1B Budget Update) $23,631,563 Project Agency Current Assumed Future % All Phases ½ State Funding After Outside Revenues All Phases No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$15,575 $22,314 Elko New Market $ 5,389 1.23%$12,040 $17,254 Jordan $ 5,944 1.35%$13,216 $18,938 New Prague $ 8,353 1.87%$18,309 $26,235 Prior Lake $ 43,598 9.48%$92,843 $133,024 Savage $ 42,713 9.29%$90,984 $130,359 Shakopee $ 58,469 12.69%$124,281 $178,067 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$95,003 $136,116 Scott County $ 244,137 52.78%$517,167 $740,958 $ 499,986 100.00%$979,417 $1,403,264 $185,516 Sample Project 2 (3 phase project) •Small support building for existing outdoor ranges •Demo JAF buildings, construct new training facility on expanded land on and adjacent to JAF •Demo the main existing historic building, construct new exterior training pads. Add additional class A fire props, and update Fire Training tower Sample Project 2 (Phase 1) Sample Project 2 (Phase 1) Capital Cost Assumptions 4,250 sf $675 $/sf $2,868,750 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $4,264,750 Construction Cost ($1,146,000)Grant $3,118,750 Total Construction Cost 15%Soft Costs $467,813 Soft Costs $3,586,563 Total Project Cost 13,248 sf 600 $/sf $7,948,800 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $9,298,800 Construction Cost ($1,146,000)Grant $8,198,800 Total Construction Cost 15%Soft Costs $1,229,820 Soft Costs $9,428,620 Total Project Cost 4,250 sf $675 $/sf $2,868,750 Construction Cost $50,000 Demo $1,146,000 25-Yard / 200-Yard Upgrade $200,000 Site work $4,264,750 Construction Cost ($1,146,000)Grant $3,118,750 Total Construction Cost 15%Soft Costs $467,813 Soft Costs $3,586,563 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 2 Budget Update) $3,586,563 Project Agency Current Assumed Future % Phase 1 ½ State Funding After Outside Revenues Phase 1 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$10,591 $11,614 Elko New Market $ 5,389 1.23%$8,187 $8,978 Jordan $ 5,944 1.35%$8,986 $9,855 New Prague $ 8,353 1.87%$12,449 $13,652 Prior Lake $ 43,598 9.48%$63,132 $69,230 Savage $ 42,713 9.29%$61,868 $67,844 Shakopee $ 58,469 12.69%$84,509 $92,672 RTF Reserve $ 39,745 0%$0 $0 SMSC $ 44,604 9.70%$64,601 $70,840 Scott County $ 244,137 52.78%$351,670 $385,634 $ 499,986 100.00%$665,991 $730,319 $139,420 Sample Project 2 (Phase 2) Sample Project 2 (Phase 2) Capital Cost Assumptions 32,000 sf $550 $/sf $17,600,000 Construction Cost $500,000 Demo $2,000,000 Site work $20,100,000 Total Construction Cost 20%Soft Costs $4,020,000 Soft Costs $24,120,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 2 Budget Update) $24,120,000 Project Agency Current Assumed Future % Phase 2 ½ State Funding After Outside Revenues Phase 2 No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$15,988 $22,866 Elko New Market $ 5,389 1.23%$12,360 $17,681 Jordan $ 5,944 1.35%$13,567 $19,407 New Prague $ 8,353 1.87%$18,785 $26,885 Prior Lake $ 43,598 9.48%$95,305 $136,316 Savage $ 42,713 9.29%$93,397 $182,475 Shakopee $ 58,469 12.69%$127,577 $182,475 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$97,522 $139,485 Scott County $ 244,137 52.78%$530,875 $759,292 $ 499,986 100.00%$1,005,385 $1,437,993 $168,308 Sample Project 2 (Phase 3) Sample Project 1B (Phase 3) Capital Cost Assumptions $2,000,000 Construction Cost $2,000,000 Demo Historic Buildings $2,000,000 Site work, both sides of the tracks/road $6,000,000 Total Construction Cost 15%Soft Costs $900,000 Soft Costs $6,900,000 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Sample Project 2 Budget Update) $6,900,000 Project Agency Current Assumed Future % Phase 3 ½ State Funding Phase 3 ½ State Funding Potential Outside Revenue Belle Plaine $ 7,034 1.59%$10,804 $12,771 Elko New Market $ 5,389 1.23%$8,349 $9,871 Jordan $ 5,944 1.35%$9,165 $10,835 New Prague $ 8,353 1.87%$12,697 $15,011 Prior Lake $ 43,598 9.48%$64,394 $76,126 Savage $ 42,713 9.29%$63,105 $74,602 Shakopee $ 58,469 12.69%$86,199 $101,904 RTF Reserve $ 39,745 0%$0 $0 SMSC $ 44,604 9.70%$65,894 $77,898 Scott County $ 244,137 52.78%$358,718 $424,062 $ 499,986 100.00%$679,325 $803,081 $185,516 Sample Project 2 (All Phases) Capital Cost Assumptions 36,250 sf $34,606,562 Total Project Cost Assumed Operating Expenses 2030+ Required Revenue (Option 2 Budget Update) $34,606,563 Project Agency Current Assumed Future % All Phases ½ State Funding After Outside Revenues All Phases No State Funding After Outside Revenues Potential Outside Revenue Belle Plaine $ 7,034 1.59%$18,705 $28,574 Elko New Market $ 5,389 1.23%$14,461 $22,096 Jordan $ 5,944 1.35%$15,873 $24,253 New Prague $ 8,353 1.87%$21,990 $33,597 Prior Lake $ 43,598 9.48%$111,504 $170,345 Savage $ 42,713 9.29%$109,271 $166,026 Shakopee $ 58,469 12.69%$149,260 $228,026 RTF Reserve $ 39,745 0%$0 SMSC $ 44,604 9.70%$114,097 $174,304 Scott County $ 244,137 52.78%$621,100 $948,825 $ 499,986 100.00%$1,176,260 $1,796,952 $185,516 Summary •The previous sample projects represent many possible improvements, ranging from: •$3.5 million •$41 million •The following is a summary of “price points” for contemplation. Assumed Operating Expenses 2030+ “Price Point” Ranges with Half State Funding Agency Current Assumed Future % Hypothetical 2027+ Budget $3.59 Million 9.43 Million $21.38 Million $34.60 Million $41.16 Million Belle Plaine $ 7,034 1.59%$10,098 $10,591 $12,257 $15,207 $18,705 $20,574 Elko New Market $ 5,389 1.23%$7,840 $8,187 $9,476 $11,756 $14,461 $15,907 Jordan $ 5,944 1.35%$8,602 $8,986 $10,401 $12,904 $15,873 $17,460 New Prague $ 8,353 1.87%$11,908 $12,449 $14,409 $17,876 $21,990 $24,187 Prior Lake $ 43,598 9.48%$60,274 $63,132 $73,065 $90,648 $111,504 $122,646 Savage $ 42,713 9.29%$59,059 $61,868 $71,602 $88,833 $109,271 $120,190 Shakopee $ 58,469 12.69%$80,681 $84,509 $97,806 $121,343 $149,260 $164,175 RTF Reserve $ 39,745 0% SMSC $ 44,604 9.70%$61,654 $64,601 $74,764 $92,756 $114,097 $125,497 Scott County $ 244,137 52.78%$335,471 $351,670 $406,994 $504,936 $621,100 $683,158 $ 499,986 100.00%$635,587 $665,991 $770,773 $956,259 $1,176,260 $1,293,794 Assumed Operating Expenses 2030+ “Price Point” Ranges with NO State Funding Agency Current Assumed Future % Hypothetical 2027+ Budget $3.59 Million 9.43 Million $21.38 Million $34.60 Million $41.16 Million Belle Plaine $ 7,034 1.59%$10,098 $11,614 $15,044 $21,304 $28,574 $32,312 Elko New Market $ 5,389 1.23%$7,840 $8,978 $11,653 $16,473 $22,096 $24,987 Jordan $ 5,944 1.35%$8,602 $9,855 $12,781 $18,081 $24,253 $27,426 New Prague $ 8,353 1.87%$11,908 $13,652 $17,669 $25,047 $33,597 $37,992 Prior Lake $ 43,598 9.48%$60,274 $69,230 $89,194 $127,002 $170,345 $192,629 Savage $ 42,713 9.29%$59,059 $67,844 $87,410 $124,458 $166,933 $188,771 Shakopee $ 58,469 12.69%$80,681 $92,672 $119,363 $170,007 $228,026 $257,856 RTF Reserve $ 39,745 0% SMSC $ 44,604 9.70%$61,654 $70,840 $91,266 $129,954 $174,304 $197,105 Scott County $ 244,137 52.78%$335,471 $385,634 $496,381 $707,415 $948,825 $1,072,941 $ 499,986 100.00%$635,587 $730,319 $940,298 $1,339,741 $1,796,952 $2,032,019 Moving forward Questions for each Member Do the Member formula percentages need to be revised post 2027? Can each Member afford to pay for an “all in” type of a project, whether that is a project of $23 million or $41 million? Is it ok, if only a portion of the existing Members can afford an “all in” type of a project, while the others pay as they go, or go somewhere else? How much is each Member willing to invest long-term in the RTF? •At what investment limit does it no longer make sense to belong to the RTF? Questions for each Member If doing nothing, or a minimal capital investment in the RTF is the option - Will you leave? Where will you go? How much will it cost to go elsewhere? What does each Member want to see improved if they are willing to spend to their maximum financial comfort level? And / Or What does each Member want to see improved if they are only willing to meet their minimum training needs? Recommended Next Steps Determine each Member's maximum financial comfort level for investing in the RTF after considering their long-term alternatives. Determine what each Member wants to see improved if they are only willing to meet their minimum training needs at the RTF? If, and upon tentative conclusions to the propositions above by each Member, conduct a consensus building spaces needs study/pre-design inclusive of each committed Member and their respective agencies to determine a future project and potential funding sources, including the State of Minnesota. RTF Proforma Study Q&A