HomeMy WebLinkAbout_04 28 2026 City Council Agenda Packet
4646 Dakota Street SE
Prior Lake, MN 55372
City Council Meeting at City Hall
Tuesday, April 28, 2026
City Council Work Session Agenda
5:00 p.m.
1. DISCUSSION ITEM(S)
A. Animal Control Services (15 Mins)
B. Code Enforcement Annual Report (30 Mins)
C. 2025 Preliminary Year End Financials (45 Mins)
D. Emerging Issues (15 Mins)
City Council Meeting Agenda
7:00 p.m.
Reports included with this agenda can be found in the Document Center by clicking here or
at https://www.priorlakemn.gov/ \\Doc Center\\City of Prior Lake\\City Council, Planning Commission and Advisory
Committees\\City Council\\City Council Agenda Packets\\2026\\04 28 2026
1. CALL TO ORDER and PLEDGE OF ALLEGIANCE
2. PUBLIC FORUM The public forum is intended to afford the public an opportunity to address concerns to the City
Council. The public forum will be no longer than 30 minutes in length and each presenter will have no more than five (5)
minutes to speak. Topics of discussion are restricted to City governmental topics rather than private or political agendas.
Topics may be addressed at the public forum that are on the agenda. However, topics that are the subject of a public hearing
are best addressed at the public hearing, not at public forum. Therefore, topics may not be addressed at public forum if: (I) the
topic has been the subject of a public hearing before the City Council or any City Advisory Committee and the Council has not
acted on the topic; or (ii) if the topic is the subject of a public hearing for which notice has been published in the City’s official
newspaper, or a continued public hearing or public information hearing before the City Council or any City Advisory Committee.
During public forum, a member of the public may request that the City Council consider removing an item from the Consent
Agenda following the procedure set forth in Section 401.5. The City Council may discuss but will not take formal action on
public forum presentations. Matters that are the subject of pending litigation are not appropriate for the forum.
3. APPROVAL OF AGENDA
4. MINUTES
A. Approval of the April 14, 2026 City Council Meeting Minutes
5. CONSENT AGENDA Those items on the Council Agenda which are considered routine or non-controversial are
included as part of the Consent Agenda. Unless the Mayor or a council member specifically requests that an item on the
Consent Agenda be removed and considered separately, items on the Consent Agenda are considered under one motion,
second and vote. Any item removed from the consent agenda shall be placed on the council agenda under Items Removed
Consent Agenda Items.
A. Approval of Claims Listing
B. Resolution Accepting Donations and Grants to the City During the 1st Quarter 2026
C. Approval of March 2026 Treasurer's Report
D. Approval of 1st Quarter 2026 Investment Report
E. Approval of Preliminary 2025 Year End Financials
F. Resolution Receiving Quotes and Awarding a Contract for Building Maintenance at
Fire Stations 1 and 2
G. Resolution Receiving Quotes and Awarding a Contract for Building Maintenance at
the Water Treatment Plant and two Well Houses
H. Resolution Approving a Temporary Liquor License for the Laker Education
Foundation
I. Resolution Approving a Temporary Liquor License for the Prior Lake Rotary Club
Lakefront Music Fest
J. Resolution Approving a Work Order for Engineering Services for the Police Station
Parking Lot Improvements (2022-15)
K. Accept the 2025 Year-End Code Enforcement Report
L. Ordinance Amending Prior Lake City Code Section 10-268 (Motor Vehicle Sales) and
Section 10-185 (Land Use Table) Related to a New Land Use of Motor Vehicle Sales,
No Inventory
M. Resolution Approving a Combined Preliminary and Final Plat, Easement Vacation and
Development Agreement for a Subdivision to be known as Ridgewood Court
N. Approval of the Building Permit Summary Report- March
O. Resolution approving an agreement with CIT to upgrade the City’s Storage Area
Network (SAN) and Servers
6. PRESENTATIONS
7. PUBLIC HEARINGS
8. OLD BUSINESS
A. Resolution Adopting the Prior Lake Annexation Area Alternative Urban Areawide
Review (2025-06)
9. NEW BUSINESS
10. REMOVED CONSENT AGENDA ITEMS
11. COUNCILMEMBER LIAISON UPDATES / COUNCILMEMBER REPORTS
12. OTHER BUSINESS
13. ADJOURNMENT
ITEM: 1A
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Jason Wedel, City Manager
PRESENTED BY: Phil Englin, Commander
Jason Wedel
AGENDA ITEM: Animal Control Services
BACKGROUND:
Staff will provide an update to the City Council on the City's current arrangement for animal
control services as well as discuss potential alternatives for providing these services moving
forward.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
ITEM: 4A
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Heidi Simon, City Clerk
PRESENTED BY: Heidi Simon
AGENDA ITEM: Approval of the April 14, 2026 City Council Meeting Minutes
RECOMMENDED ACTION:
Approve the April 14, 2026 city council meeting minutes as presented.
ALTERNATIVES:
1. Motion and second to approve the April 14, 2026 City Council Meeting minutes as
presented.
2. Motion and second to review or revise the April 14, 2026 City Council Minutes.
ATTACHMENTS:
1. 04 14 2026 City Council Minutes
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
CITY COUNCIL MEETING MINUTES
April 14, 2026
1. CALL TO ORDER
Mayor Briggs called the meeting to order at 7:00 p.m. Present were Councilors Braid, Churchill,
Lake and Hellier. Absent: None. Also were City Manager Wedel, Police Sergeant Ben Erickson,
City Attorney Kendall and City Clerk Simon in attendance.
2. PUBLIC FORUM
None.
3. APPROVAL OF AGENDA
MOTION BY BRAID SECOND BY CHURCHILL, TO APPROVING THE AGENDA AS PRE-
SENTED.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☒
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
4. APPROVAL OF CITY COUNCIL MEETING MINUTES
A. Approval of March 24, 2026, City Council Minutes
MOTION BY CHURCHILL SECOND BY BRAID, TO APPROVE March 24, 2026, MEETING
MINUTES AS PRESENTED.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☒
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐
☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
1
5. CONSENT AGENDA
A. Approval of Claims Listing
B. Approval of Treasurer’s Report (Dec 2025)
C. Approval of January 2026 Treasurer’s Report
D. Approval of February 2026 Treasurer’s Report
th
E. Approval of 4 Quarter 2025 Investment Report
F. Resolution 26-053 Authorizing the 2026 Insurance Policy Renewals
G. Resolution 26-054 Receiving Bids and Awarding Contracts for the 2026 Street Maintenance
Activities
H. Resolution 26-055 Receiving Bids and Awarding Contracts for the Spring Lake and Raymond
Lift Station Rehabilitation (2026-09)
I. Resolution 26-056 Receiving Quotes and Awarding a Contract for Chiller Replacement at the
Police Station
J. Resolution 26-057 Receiving Quotes and Awarding a Contract for Building Maintenance at the
Police Station and Library/Club Prior
K. Ordinance 126 – 07 Approve Franchise Agreement Renewal with Xcel Energy
L. Ordinance 126- 08 Approve Franchise Agreement Renewal With MVEC
M. Resolution 26-058 Approving Amendment to Water Tower Antenna Agreement with AT&T –
Tower Street Water Tower
N. Resolution 26-059 Receiving Quotes and Awarding the Contract for the Lake Thielen Outlet
Replacement Project (2026-14)
O. Resolution 26-060 Approving a Cooperative Agreement with Scott County for the Marsh Drive
Extension Project (2022-27)
P. Authorize Water Efficiency Grant Application Submittal
Q. Approval of the Animal Control Services Report – February
R. Approval of the Building Permit Summary Report – February
MOTION BY LAKE SECOND BY BRAID, TO APPROVE THE CONSENT AGENDA AS PRE-
SENTED.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☒
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
6. PRESENTATIONS
None.
7. PUBLIC HEARINGS
None.
8. OLD BUSINESS
None.
04 14 2026 City Council Meeting Minutes
9. NEW BUSINESS
A. Ordinance to Approve a Cable Television Franchise with Comcast
City Manager Wedel presented the item.
Braid: Heard many complaints from citizens about the lack of internet provider options. This is a
big benefit to the city. Will be in support of this.
Lake: Heard lots of desire from residents for more options. Provides another option. Will be in
support of this
MOTION BY BRAID SECOND BY CHURCHILL ORDINANCE 126-09 TO APPROVE A CABLE
TELEVISION FRANCHISE WITH COMCAST.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☒
☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
B. Approve of a Response to the Department of the Interior, Bureau of Indian Affairs Regard-
ing the Proposed Fee to Trust Applications Known as Zaniya
City Manager Wedel presented the Item.
Briggs: It has been a pleasure to work with the SMSC through the past few trust applications, this
application is no different. It really benefits both the city and the SMSC and makes a stronger part-
nership.
MOTION BY BRIGGS SECOND BY BRAID PERMITTING CITY MANAGER AND STAFF TO RE-
SPOND TO THE REQUEST FROM THE BUREAU OF INDIAN AFFAIRS.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☒
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐
☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
10. REMOVED CONSENT AGENDA ITEMS
None.
04 14 2026 City Council Meeting Minutes
11. COUNCIL MEMBER LIAISON UPDATES/ COUNCIL MEMBER REPORTS
Hellier: 4/6 Planning Commission, 4/8 Chamber Meeting, 4/10 Agenda Review
Lake: 4/10 SCALE General Meeting, 4/10 Agenda Review
Churchill: 3/25 Minnesota Valley Transit Association Board Meeting, 4/10 Agenda Review
Braid: 4/14 Agenda Review
Briggs: 3/26 Intergovernmental Working Group, 3/31 Post Office and Spring Lake Township Meet-
ing, 4/7 Citizens Academy Kick Off, 4/9 Burnsville Bus Garage Ribbon Cutting, 4/10 SCALE Gen-
eral, 4/13 Regional Council of Mayors
th
Wedel: Last week was our second Little Diggers Event, third event on Wednesday, May 6
12. OTHER BUSINESS
None.
13.ADJOURNMENT
MOTION BY BRAID, SECOND BY CHURCHILL, TO ADJOURN THE MEETING AT 7:19 p.m.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☒ ☒ ☒ ☒ ☒
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐
☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
The motion carried.
Respectfully Submitted,
Jason Wedel, City Manager
04 14 2026 City Council Meeting Minutes
Payments Issued 04/04/2026 - 04/28/2026
DateChecksACHEFTTotal
4/6/2025 63,889.93 232,711.25 296,601.18
4/7/2026 1,972.39 1,972.39
4/9/2026 289,763.79 283,601.98 573,365.77
4/10/2026 153,139.91 153,139.91
4/13/2026 21,081.55 21,081.55
4/15/2026 6.00 6.00
4/17/2026 576,501.69 213,363.59 789,865.28
930,155.41 729,676.82 176,199.85 1,836,032.08
ITEM: 5A
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Melissa Fonder, Accounting Specialist
PRESENTED BY: Nicole Klekner, Finance Director
AGENDA ITEM: Approval of Claims Listing
RECOMMENDED ACTION:
Adopt claims listing as presented.
BACKGROUND:
Below is a summary of the payments issued (check, EFT, ACH and wires) for the specified time
period. The detailed claims listing has been provided to the City Council as a separate document
and is available for public view at City Hall upon request. The City has transitioned to this method
of claims reporting in 2026 due to increasing risk of fraud for local governments. This change will
allow the City to mitigate this risk while still providing transparency for the public.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to adopt the claims list as presented.
2. Motion and second to remove this item from the consent agenda for additional
discussion.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
ITEM: 5B
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Bradley Smith, Accountant
PRESENTED BY: Nicole Klekner, Finance Director
AGENDA ITEM: Resolution Accepting Donations and Grants to the City During the
1st Quarter 2026
RECOMMENDED ACTION:
Approve the 1st Quarter of 2026 Donations and Grants as submitted.
BACKGROUND:
The purpose of this agenda item is to consider acceptance of donations and grants made to the
City during January, February, and March 2026 and to authorize city staff to amend the budget
for any additional revenues received and expenditures that may be incurred to comply with grant
agreement and restricted donations.
Minnesota State Statute 465.03 requires that the City accept a grant or demise of real or personal
property and maintain such property for the benefit of its citizens in accordance with the terms
prescribed by the donor. In addition to being a legal requirement, this resolution encourages
transparency in government and accountability.
A resolution has been prepared that identifies the donations and grants that were received during
the first quarter of 2026 and the terms in which they were presented. If a donation or grant was
accepted under separate resolution, it has not been included in this current list. While it is certainly
our intent to include all donations and grants for the first quarter of 2026, we recognize that we
may have inadvertently missed some. Those will be addressed in subsequent resolutions.
FINANCIAL IMPACT:
Certain donations and grants and their corresponding expenditures are reflected in the annual
budget due to their recurring nature. Acceptance of additional donations and grants may result
in additional or offsetting expenditures depending on the terms prescribed by the donor.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the 1st Quarter of 2026
Donations and Grants as submitted.
2. Motion and second to remove the Donations and Grants from the consent agenda for
additional discussion.
ATTACHMENTS:
1. 2026 1st Q Resolution - Approval of a Resolution Accepting Donations and Grants
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
RESOLUTION ACCEPTING DONATIONS AND GRANTS TO THE CITY DURING THE 1ST
QUARTER 2026
Motion By: Second By:
WHEREAS, MN Statute 465.03 requires that cities accept donations for the benefit of its citizens in
accordance with the terms prescribed by the donor; and
WHEREAS, MN Statute 465.03 requires that all gifts and donations of real or personal property be
accepted only with the adoption of a resolution of the governing body by two-thirds of its
members; and
WHEREAS, additional revenues received may require the City to incur additional expenditures in order to
comply with grant agreements and restricted donations; and
WHEREAS, the City has received the following donations of money, goods or property during January,
February, and March of 2026:
Donor Value Designated Use
Metropolitan Council $1,680.00 Water Efficiency Rebate Grant
MN River Valley Audubon Chapter $2,000.00 Relocation of Osprey Nest
Prior Lake/Savage Optimist Club $2,000.00 3.21 Fun Event Donation
Shakopee Mdewakanton Sioux Community $381,250.00 1st Quarter 2026 Police
State Bank of Faribault $500.00 Shop With A Cop
Anonymous $464.42 Club Prior
Chulas Restaurant $2,500.00 Chalk Fest sponsorship
Holy Cross Lutheran Church $120.00 Coin Carnival
Pinnacle Family Homes $300.00 Coin Carnival
Scouting America $30.00 Coin Carnival
Sonnet Montessori $30.00 Coin Carnival
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. City staff is authorized to amend the budget to comply with grant agreements and restrictive
donations.
3. The grants and donations are hereby officially accepted and acknowledged with gratitude to
the donors.
Passed and adopted by the Prior Lake City Council by at least two-thirds of its members this
28th day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐
☐ ☐ ☐ ☐
Nay
☐
☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
2
ITEM: 5C
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Bradley Smith, Accountant
PRESENTED BY: Nicole Klekner, Finance Director
AGENDA ITEM: Approval of March 2026 Treasurer's Report
RECOMMENDED ACTION:
Adopt the March 2026 Treasurer’s Report as presented.
BACKGROUND:
The purpose of this agenda item is for the Council to consider the approval of the monthly
Treasurer’s Report for March 2026. This information is being provided in a format which
categorizes the balances by fund type. A second page is included to provide the Fund Balance
Classification for each of the funds as well as the restrictions placed upon their usage. Even
though the business-type funds have an “unrestricted” fund balance and the General Fund has
an “unassigned” fund balance, it does not necessarily mean the balance is available to
appropriate to other funds for other uses. There are constraints in place due to the type of fund
or based on the City’s fund balance policy.
FINANCIAL IMPACT:
Staff has prepared a preliminary summary of the activity in the funds for the month of March 2026.
The Treasurer’s Report reflects the beginning cash balance, receipts, disbursements, and the
ending cash balance for each fund. As shown on the March 2026 Treasurer’s Report, the balance
of cash and investments is $55.6 million. Of this balance, $52.8 million is investments and $2.8
million is cash.
The Report is preliminary, unaudited and will change.
The attached memorandum provides a summary of the fund descriptions.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the March 2026
Treasurer’s Report as presented.
2. Motion and second to remove the Treasurer’s Report from the consent agenda for
additional discussion.
ATTACHMENTS:
1. 03-2026 Treasurer's Report (attach 1)
2. 03-2026 Treasurer's Report (attach 2)
3. 03-2026 Treasurer's Report (attach 3)
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
City of Prior Lake
Treasurers Report
March 2026
Fund 3/1/2026 3/31/2026
Fund Type & Name No.Balance Receipts Disbursements Balance
Business-Type Funds
Water Fund 601 11,099,872.98$ 139,163.50$ 346,775.47$ 10,892,261.01$
Sewer Fund 604 5,465,468.81 90,394.30 361,045.65 5,194,817.46
Water Quality Fund 602 4,847,586.69 43,412.97 73,442.86 4,817,556.80
Total Business-Type Funds 21,412,928.48$ 272,970.77$ 781,263.98$ 20,904,635.27$
Governmental-Type Funds
General Fund 101 13,845,031.71$ 1,113,335.05$ 1,656,713.83$ 13,301,652.93$
Special Revenue Funds
Cable Franchise Fund 210 119,748.69$ 381.89$ -$ 120,130.58$
Capital Park Fund 225 1,295,828.88 51,383.49 - 1,347,212.37
Police Forfeiture Fund 235 112,586.03 359.04 - 112,945.07
EDA Special Revenue 240 1,817,685.07 5,527.44 84,439.57 1,738,772.94
Econ Dev Federal Revolving Loan Fund 250 149,970.36 478.27 - 150,448.63
Developer Agreement Fund 260 418,540.41 32,358.00 1,600.00 449,298.41
MN Public Safety 270 561,716.12 1,791.35 - 563,507.47
Affordable Housing Aid 275 8,127.65 - - 8,127.65
Total Special Revenue Funds 4,484,203.21$ 92,279.48$ 86,039.57$ 4,490,443.12$
Capital Project Funds
TIF #1-6 402 (7,250.00)$ -$ -$ (7,250.00)$
TIF #5-1 416 13,560.18 43.24 - 13,603.42
TIF #1-5 419 67,860.13 216.41 - 68,076.54
Revolving Equipment Fund 410 457,165.68 1,457.93 - 458,623.61
Revolving Park Equipment Fund 430 517,161.91 1,649.21 16.26 518,794.86
Facilities Management Fund 440 592,321.40 1,814.78 23,258.51 570,877.67
Permanent Impr Revolving Fund 450 1,361,733.75 36,200.15 - 1,397,933.90
Construction Fund 501 2,162,765.17 4,091.96 879,643.76 1,287,213.37
Trunk Reserve Fund 502 7,741,238.36 389,752.85 - 8,130,991.21
Water Storage Fund 505 3,610.69 2,419.17 - 6,029.86
Total Capital Project Funds 12,910,167.27$ 437,645.70$ 902,918.53$ 12,444,894.44$
Debt Service Funds 562-581 3,149,259.45$ 43,446.60$ -$ 3,192,706.05$
Agency Fund 801 234,907.50$ 46,875.00$ 7,500.00$ 274,282.50$
Total Governmental Type Funds 34,623,569.14$ 1,733,581.83$ 2,653,171.93$ 33,703,979.04$
Internal Service Funds 701 & 702 1,019,661.88$ 9,760.02$ 12.92$ 1,029,408.98$
Total All Funds 57,056,159.50$ 2,016,312.62$ 3,434,448.83$ 55,638,023.29$
Investment Pool & Ratio as of 3/31/2026 102 94.86%52,780,898.44
This report does not reflect financial obligations from contracts, agreements, purchases, services received, etc.
TREASURER’S REPORT FUND DESCRIPTIONS
Water Fund - For the collection of water billing utility revenue. This enterprise fund balance is allocated for the
operational costs of the Water departments and normally reserved for large capital municipal system expenses.
Sewer Fund - For the collection of sewer billing utility revenue. This enterprise fund balance is allocated for the
operational costs of the Sewer department and normally reserved for large capital municipal system expenses.
Water Quality Fund - An enterprise account funded by the storm water charge that is generated on the bi-monthly
water and sewer utility bills. The funds in the account are dedicated to finance water quality improvements
including departmental administration, storm water maintenance operations and improvement projects related to
water quality.
General Fund - Represents the resources to support general operating budget expenditures of the City. The year-
end fund balance represents dollars that have accumulated over a period of time. The City Council has designated
40% to 50% of the current operating budget, for working capital to finance city operations.
Cable Franchise Fund - Acts as a clearing house for funds received from the cable franchise company as specified
by ordinance.
Capital Park Fund - Dedicated funds received from developers in accordance with the City’s Park Dedication
requirement when land is platted. Funds are collected for the purpose of developing the City’s neighborhood park
and trail system. These dollars are programmed throughout the course of the City’s Capital Improvement
Program.
Police Forfeiture Fund – Special revenue fund created to track criminal and DWI forfeiture revenues and
expenditures.
EDA Special Revenue – Reserved and expended at the direction of the Prior Lake Economic Development
Authority for specific economic development activity as allowed by MN Statute. The purpose is to provide
economic incentives for new business expansion within the community.
Econ Dev Fed/MN Loan Funds - Accounts for the proceeds of economic development grants received either from
the federal government or the State of Minnesota to provide seed money for a revolving loan account. This
provides economic incentive for new business expansion within the community.
Developer Agreement Special Revenue Fund - Special revenue fund related to costs the City incurs in connection
with a subdivision. Fees are paid to the City by the developer when the Development Contract and Final Plat are
approved by City Council. Revenues are used to pay for legal expenses incurred with review and approval of the
plat and inspection services on developer installed-utilities for newly approved subdivisions within Prior Lake.
MN Public Safety Special Revenue Fund - Special revenue fund created for 2023 public safety aid revenue
received from the State of MN and eligible expenditures.
Affordable Housing Aid Special Revenue Fund - Special revenue fund created for local affordable housing aid
received from the State of MN and eligible expenditures.
Tax Increment Funds - Represents an accumulation of funds such as bond proceeds and project administration
fees charged to companies requesting project write-downs in the form of tax increment financing for new and/or
redevelopment. The TIF district property taxes are then deposited in a number of tax increment funds established
to track their respective revenue.
Revolving Equipment Fund - A regular replacement schedule for equipment needs of the City in excess of $5,000
has been adopted. Periodic fund transfers are appropriated to provide a funding source for the acquisition and
purchase of new and replacement vehicles and equipment.
Revolving Park Equipment Fund – Consists of funds reserved for the replacement of park equipment.
Facilities Management Fund – Established in conjunction with the Facilities Management Plan (FMP). The FMP
provides a schedule of major repairs, replacements and upgrades to all of the City facilities.
Permanent Improvement Revolving Fund – Consists of funds available for annual street mill and overlay projects
with any remaining funds to be used to provide upfront funding for future improvements.
Construction Fund - Represent unexpended bond proceeds that are reserved to pay for improvement projects
approved by the City Council on an annual basis. These dollars are necessary to complete outstanding
construction contracts and related engineering and professional services.
Trunk Reserve Fund - Consists of dedicated revenue generated from utility connection permits and acreage fees
assessed at time of sewer and water installation for the recovering of trunk oversizing costs and central municipal
system improvements i.e., wells lift stations, force mains, etc. These dollars are programmed throughout the
course of the City’s capital improvement plan. This fund also includes funds transfered in from the Water Storage
Fund 505 at the end of 2021 and dedicated to future water storage infrastructure.
Water Storage Fund - Accounts for the water tower fee that is charged and collected on building permits. This
fund balance is 100% assigned for the construction of elevated and ground water storage facilities.
Debt Service Funds - Represents prepayments of special assessments, property tax collections and special levies
needed to pay the outstanding bonded indebtedness of the City. This fund balance is 100% reserved for the
payment of bond principal and interest.
Agency Fund - Accounts for the residential building permit deposit that is refunded to the building contractor
upon final inspection. This provides financial assurance that the property site will be adequately cleaned up and
debris free before an occupancy permit is granted.
Severance Compensation Fund – Internal Service Fund established to partially fund the City’s compensated
absence liability associated with the accrued vacation and sick leave for employees upon termination as
recommended by the State Auditor’s Office.
Insurance Fund – Internal Service Fund established to track revenues and expenditures related to insurance funds.
City of Prior Lake
Treasurers Report
March 2026
Fund Type & Name Fund Balance Classification Constraints
Business-Type Funds
Water Fund Unrestricted Identified on utility bill for this purpose
Sewer Fund Unrestricted Identified on utility bill for this purpose
Water Quality Fund Unrestricted Identified on utility bill for this purpose
Governmental-Type Funds
General Fund Unassigned Cash flow, emergencies, one-time opportunities
Special Revenue Funds
Cable Franchise Fund Assigned for communications Statutory obligation to use for PEG access
Capital Park Fund Assigned for capital improvements Contractually obligated; park dedication fees
Police Forfeiture Fund Restricted for eligible general law enforcement
activities (criminal forfeitures) or DWI related
enforcement, training, and education (DWI
forfeitures)
Statutory obligated
EDA Special Revenue Assigned for development Economic Development
Econ Dev Federal Revolving Loan Fund Restricted for economic development Economic Development
Developer Agreement Fund Assigned for development Contractually obligated
MN Public Safety Restricted for eligible Public Safety purchases Contractually obligated
Affordable Housing Aid Restricted for affordable housing expenditures Contractually obligated
Capital Project Funds
TIF #1-6 Restricted for tax increment Contractually obligated by tax increment agreements
TIF #1-5 Restricted for tax increment Contractually obligated by tax increment agreements
TIF #5-1 Restricted for tax increment Contractually obligated by tax increment agreements
Revolving Equipment Fund Assigned for capital improvements Identified for equipment replacement
Revolving Park Equipment Fund Assigned for capital improvements Identified for park equipment replacement
Facilities Management Fund Assigned for capital improvements Identified for funding Facilities Management Plan
Permanent Improvement Revolving Fund Assigned for capital improvements Identified for funding street improvement projects
Construction Fund Restricted for capital improvements Construction projects in progress
Trunk Reserve Fund Assigned for capital improvements Contractually obligated by developer agreements
Water Storage Fund Assigned for capital improvements Contractually obligated by developer agreements
Debt Service Funds Restricted for Debt Service Reserved for contractually obligated debt service
Agency Fund N/A Escrows to be reimbursed to depositors
Internal Service Funds Unrestricted Identified as payment for severance compensation and insurance
ITEM: 5D
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Bradley Smith, Accountant
PRESENTED BY: Nicole Klekner, Finance Director
AGENDA ITEM: Approval of 1st Quarter 2026 Investment Report
RECOMMENDED ACTION:
Approve the 2026 1st Quarter Investment Report as presented.
BACKGROUND:
The purpose of this agenda item is for the Council to consider approval of the investment report
for the first quarter of 2026.
Staff has prepared a list of investments as of March 31, 2026. The Investment Report Summary
Narrative provides some supplementary information with respect to the investments currently held
and the allowable forms of investments permitted by Minnesota Statute.
The investment software provides the ability to generate reports and charts by broker, security
type, maturities, etc. The software also enables staff to track interest earned on an accrual basis
versus a cash basis as well as changes in market value.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the 2026 1st Quarter
Investment Report as presented.
2. Motion and second to remove the Investment Report from the consent agenda for
additional discussion.
ATTACHMENTS:
1. 2026 Q1 Investment Summary Report (attach 1)
2. 2026 Q1 Year to Year Summary Analysis (attach 2)
3. 2026 Q1 Investment Portfolio by Security Type Graph (attach 3)
4. 2026 Q1 Investment Portfolio by Maturity Range Graph (attach 4)
5. 2026 Q1 Investment Portfolio by Security Type (attach 5)
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
YTM @
Cost Cost Value
Days to
Maturity
% of
Portfolio
0-1 Month 1.912 17,372,191 2 32.43%
1-3 Months 4.050 249,000 77 0.46%
3-6 Months 1.004 1,983,000 115 3.70%
6-9 Months 1.359 3,477,287 225 6.52%
9-12 Months 3.015 1,189,839 299 2.22%
1-2 Years 3.511 5,225,097 550 10.07%
2-3 Years 4.553 6,957,509 929 13.19%
3-4 Years 4.074 6,188,248 1,299 11.95%
4-5 Years 4.011 4,551,253 1,667 9.00%
5-10 Years 4.091 5,157,781 2,090 10.46%
Total / Average 3.062 52,351,205 729 100.00%
CITY OF PRIOR LAKE, MINNESOTA
Investment Portfolio - Diversification, by Maturity Range
March 31, 2026
Description
City of Prior Lake - Quarterly Investment Report
Description CUSIP/Ticker Settlement Date YTM @ Cost Face Amount/Shares Cost Value Book Value Market Value Maturity Date Days To Maturity Accrued Interest % of Portfolio
Cash - Northland Securities Cash CASH5845 2/3/2002 0.000 5,723,980.32 5,723,980.32 5,723,980.32 5,723,980.32 N/A 1 10.67
Morgan Stanley Cash CASH5089 12/31/2010 0.000 908,229.49 908,229.49 908,229.49 908,229.49 N/A 1 1.69
Oppenheimer Cash MM9905 12/27/2011 0.000 1,774,581.57 1,774,581.57 1,774,581.57 1,774,581.57 N/A 1 3.31
Sub Total / Average Cash 0.000 8,406,791.38 8,406,791.38 8,406,791.38 8,406,791.38 1 0.00 15.67
1st Security Bk of Wash 4.05 6/16/2026 33625CFL8 12/16/2022 4.050 249,000.00 249,000.00 249,000.00 249,062.25 6/16/2026 77 414.43 0.46
Amerant Bank 4.65 9/8/2028 02357QCF2 9/8/2023 4.650 249,000.00 249,000.00 249,000.00 253,213.08 9/8/2028 892 729.60 0.46
AMERASIA BK FLUSHING NY 4 2/15/2029 02357PAG4 2/15/2024 4.000 248,000.00 248,000.00 248,000.00 248,404.24 2/15/2029 1,052 434.85 0.46
American Express Natl 3 5/4/2027 02589ACK6 4/30/2022 3.000 245,000.00 245,000.00 245,000.00 242,682.30 5/4/2027 399 2,960.14 0.46
Bank Hapoalim 0.95 7/23/2026 06251A2Y5 7/23/2021 0.950 245,000.00 245,000.00 245,000.00 242,755.80 7/23/2026 114 427.24 0.46
Bank of Belleville 4 6/15/2027 06063PDD4 12/15/2022 4.000 249,000.00 249,000.00 249,000.00 249,313.74 6/15/2027 441 436.60 0.46
BMW Bk 4.75 3/17/2028 055180AW83 3/17/2023 4.750 245,000.00 245,000.00 245,000.00 248,804.85 3/17/2028 717 446.37 0.46
BNY Mellon4.5 9/7/2028 05584CJJ6 9/7/2023 4.500 244,000.00 244,000.00 244,000.00 247,164.68 9/7/2028 891 721.97 0.45
Bridgewater Bk 4.8 3/29/2028 108622NK3 3/29/2023 4.800 245,000.00 245,000.00 245,000.00 249,216.45 3/29/2028 729 64.44 0.46
Carter Bank & Trust 3.8 9/13/2029 146102BB3 9/13/2024 3.800 249,000.00 249,000.00 249,000.00 247,662.87 9/13/2029 1,262 466.62 0.46
Celtic Bank 4.6 9/19/2028 15118RJ32 9/19/2023 4.600 249,000.00 249,000.00 249,000.00 252,961.59 9/19/2028 903 376.57 0.46
Central Fed Savings 4.5 9/14/2028 15347VAC5 9/14/2023 4.500 249,000.00 249,000.00 249,000.00 252,363.99 9/14/2028 898 521.88 0.46
CIBC Bank USA 4.5 5/25/2028 12547CBN7 5/25/2023 4.500 244,000.00 244,000.00 244,000.00 246,937.76 5/25/2028 786 3,790.36 0.45
Citizens Bk Batesville Ark 3.85 2/16/2029 173477BZ2 2/16/2024 3.850 248,000.00 248,000.00 248,000.00 247,394.88 2/16/2029 1,053 392.38 0.46
Customers Bk 4.95 10/27/2028 23204HPE2 10/27/2023 4.950 240,000.00 240,000.00 240,000.00 245,913.60 10/27/2028 941 5,044.93 0.45
Discover Bk 4.5 7/24/2028 2546736R2 7/26/2023 4.500 244,000.00 244,000.00 244,000.00 247,174.44 7/24/2028 846 1,925.26 0.45
Farmers BK 4.85 10/17/2028 30916PAA2 10/17/2023 4.850 248,000.00 248,000.00 248,000.00 254,103.28 10/17/2028 931 461.35 0.46
First Finl Bk3.3 8/2/2027 32022RSG3 8/1/2022 3.300 245,000.00 245,000.00 245,000.00 243,130.65 8/2/2027 489 664.52 0.46
First National Bank/Dama 5 10/31/2028 32117BGJ1 10/31/2023 5.000 248,000.00 248,000.00 248,000.00 254,549.68 10/31/2028 945 1,019.18 0.46
First Natl Bk 4.75 10/30/2028 32110YH73 10/30/2023 4.750 245,000.00 245,000.00 245,000.00 249,941.65 10/30/2028 944 0.00 0.46
First Premier Bank 3.65 9/26/2029 33610RVT7 9/26/2024 3.650 245,000.00 245,000.00 245,000.00 242,403.00 9/26/2029 1,275 122.50 0.46
Genoa Banking Company 4.95 10/31/2028 372348DH2 10/31/2023 4.950 243,000.00 243,000.00 243,000.00 249,036.12 10/31/2028 945 4,976.17 0.45
Goldman Sachs Bk 1 7/28/2026 38149MXK4 7/28/2021 1.000 245,000.00 245,000.00 245,000.00 242,640.65 7/28/2026 119 416.16 0.46
Hershey State Banl 3.65 9/26/2028 427883AV5 9/26/2024 3.650 240,000.00 240,000.00 240,000.00 238,452.00 9/26/2028 910 120.00 0.45
Legacy Bk & Tr Co 3.5 7/29/2027-22 52470QBK9 8/1/2022 3.500 245,000.00 245,000.00 245,000.00 243,752.95 7/29/2027 485 46.99 0.46
Live Oak Bkg Co 3.55 8/2/2027-23 538036WY6 8/2/2022 3.550 249,000.00 249,000.00 249,000.00 247,911.87 8/2/2027 489 702.32 0.46
Mauch Chunk Trust 4.35 2/28/2029 577234DA2 3/28/2024 4.350 249,000.00 249,000.00 249,000.00 251,791.29 2/28/2029 1,065 89.03 0.46
Medallion Bk Salt 4.4 7/31/2028 58404DSW2 7/31/2023 4.400 245,000.00 245,000.00 245,000.00 247,665.60 7/31/2028 853 0.00 0.46
Merrick Bk 4.85 11/6/2029 59013KXW1 11/6/2023 4.850 245,000.00 245,000.00 245,000.00 252,183.40 11/6/2029 1,316 813.87 0.46
Morgan Stanley Bank Step 11/28/2027 61765QP52 9/2/2021 1.004 249,000.00 249,000.00 249,000.00 237,842.31 11/28/2027 607 211.48 0.46
MORGAN STANLEY PRIVATE BK 5.05 11/8/2028 61768EE82 11/8/2023 5.050 243,000.00 243,000.00 243,000.00 249,672.78 11/8/2028 953 4,807.74 0.45
NORTHEAST BK LEWISTON 3.7 9/23/2027 66405SFA3 9/23/2024 3.700 245,000.00 245,000.00 245,000.00 244,238.05 9/23/2027 541 198.68 0.46
Old Dominion Natl Bk 4 1/29/2029 679585CL1 1/29/2024 4.000 249,000.00 249,000.00 249,000.00 249,415.83 1/29/2029 1,035 0.00 0.46
Ponce De Leon Fed Bk 3.5 9/15/2027 732329BD8 9/15/2022 3.500 245,000.00 245,000.00 245,000.00 243,632.90 9/15/2027 533 375.89 0.46
SALLIE MAE BK SALT LAKE CITY 3.9 8/13/2030 795451EB5 8/13/2025 3.900 245,000.00 245,000.00 245,000.00 243,895.05 8/13/2030 1,596 1,204.19 0.46
Schuyler Svgs Bk 4.35 7/27/2028 80832MAA5 7/27/2023 4.350 244,000.00 244,000.00 244,000.00 246,322.88 7/27/2028 849 1,832.01 0.45
Southern First Bank NA 4.85 10/17/2028 84287PJB9 11/7/2023 4.850 244,000.00 244,000.00 244,000.00 249,846.24 10/17/2028 931 5,349.62 0.45
Synchrony Bank 0.9 8/6/2026 87165GD58 8/6/2021 0.900 248,000.00 248,000.00 248,000.00 245,534.88 8/6/2026 128 324.10 0.46
Third Fed Sav & Ln 3.3 8/19/2027 88413QDN5 8/19/2022 3.300 245,000.00 245,000.00 245,000.00 243,042.45 8/19/2027 506 886.03 0.46
Toyota Finl Svgs Bk 0.95 7/15/2026 89235MLC3 7/15/2021 0.950 245,000.00 245,000.00 245,000.00 242,910.15 7/15/2026 106 478.25 0.46
UBS Bk USA 4.4 7/26/2028 90355GEX0 7/26/2023 4.400 245,000.00 245,000.00 245,000.00 247,626.40 7/26/2028 848 147.67 0.46
Uinta Bk Mtn 4.4 3/22/2028 903572FT7 3/22/2023 4.400 245,000.00 245,000.00 245,000.00 247,317.70 3/22/2028 722 265.81 0.46
Univest Bank & Trust 4.5 6/21/2028 91527PCD7 6/21/2023 4.500 249,000.00 249,000.00 249,000.00 252,114.99 6/21/2028 813 306.99 0.46
Valley Central 4 4/28/2028 91944RAZ1 4/28/2023 4.000 249,000.00 249,000.00 249,000.00 249,470.61 4/28/2028 759 81.86 0.46
Winter Hill Bank 3.5 8/26/2027-23 975875BH7 8/26/2022 3.500 245,000.00 245,000.00 245,000.00 243,681.90 8/26/2027 513 117.47 0.46
Sub Total / Average Certificate Of Deposit 3.855 11,069,000.00 11,069,000.00 11,069,000.00 11,125,153.78 760 45,173.52 20.63
FAMC 2 10/27/2031 31422XPG1 9/5/2025 3.800 600,000.00 541,299.65 546,716.94 533,706.00 10/27/2031 2,036 5,133.33 1.12
FAMC 4.17 5/24/2029 31422XYY2 1/19/2024 4.580 325,000.00 318,724.25 321,302.71 322,949.25 5/24/2029 1,150 4,781.02 0.61
Sub Total / Average FAMC Bond 4.074 925,000.00 860,023.90 868,019.65 856,655.25 1,725 9,914.35 1.72
FFCB 0.72 10/27/2026-21 3133EMES7 6/18/2021 1.000 500,000.00 492,715.00 499,218.27 491,420.00 10/27/2026 210 1,540.00 0.93
FFCB 0.74 11/24/2026-21 3133EMHC9 4/14/2021 1.053 450,000.00 442,350.00 449,111.85 441,076.50 11/24/2026 238 1,174.75 0.84
FFCB 1.26 10/15/2030-24 3133EMDG4 9/13/2024 3.700 500,000.00 434,025.00 450,763.60 440,030.00 10/15/2030 1,659 2,905.00 0.93
FFCB 1.45 6/11/2030-24 3133ELH31 9/13/2024 3.620 500,000.00 444,170.00 459,185.79 450,495.00 6/11/2030 1,533 2,215.28 0.93
FFCB 1.94 6/30/2031-25 3133EMN24 5/5/2025 4.070 425,000.00 376,154.75 383,328.28 381,794.50 6/30/2031 1,917 2,061.25 0.79
FFCB 2.87 2/25/2030 3133ENPL8 9/9/2024 3.685 1,000,000.00 960,000.00 971,388.47 959,920.00 2/25/2030 1,427 2,870.00 1.86
FFCB 3.05 5/18/2029 3133ENXB1 1/19/2024 4.030 325,000.00 309,845.25 316,090.94 317,229.25 5/18/2029 1,144 3,662.12 0.61
Sub Total / Average FFCB Bond 3.070 3,700,000.00 3,459,260.00 3,529,087.20 3,481,965.25 1,195 16,428.40 6.90
FHLB 1 12/30/2026-21 3130ANY87 10/20/2021 1.205 500,000.00 494,850.00 499,256.14 489,940.00 12/30/2026 274 1,250.00 0.93
FHLB 1.25 11/10/2026-22 3130APLR4 11/10/2021 1.250 450,000.00 450,000.00 450,000.00 443,155.50 11/10/2026 224 2,203.12 0.84
FHLB 1.35 2/18/2031-24 3130AKZS8 9/13/2024 3.770 500,000.00 430,995.00 447,563.25 440,695.00 2/18/2031 1,785 243.75 0.93
FHLB 1.48 11/19/2032 3130AKG83 10/2/2025 3.920 430,000.00 365,272.10 369,744.66 360,628.10 11/19/2032 2,425 2,333.47 0.80
FHLB 1.875 12/10/2031-25 3130ALJN5 12/30/2024 4.550 500,000.00 421,115.00 435,299.37 441,590.00 12/10/2031 2,080 546.88 0.93
FHLB 2.375 8/15/2029 3130AGVG7 2/12/2024 4.310 270,000.00 244,620.00 254,438.82 255,930.30 8/15/2029 1,233 819.37 0.50
FHLB 3 4/20/2026 3130ARGN5 12/29/2023 4.350 1,000,000.00 970,620.00 999,302.97 999,570.00 4/20/2026 20 13,416.67 1.86
FHLB 4.25 9/10/2032 3130ATHY6 8/22/2025 4.090 500,000.00 504,847.29 504,431.43 502,700.00 9/10/2032 2,355 1,239.58 0.93
FHLB Step 9/30/2031-25 3130AP6G5 8/15/2025 4.103 500,000.00 468,050.00 471,306.41 469,460.00 9/30/2031 2,009 0.00 0.93
FHLN 5159508 1.25 10/16/2026-21 3130ALW83 4/16/2021 1.250 216,666.67 216,666.67 216,666.67 213,648.50 10/16/2026 199 1,241.32 0.40
FHLN 5214149 Step 7/22/2026-21 3130AN4W7 7/22/2021 1.057 1,000,000.00 1,000,000.00 1,000,000.00 992,330.00 7/22/2026 113 2,300.00 1.86
Sub Total / Average FHLB Bond 3.059 5,866,666.67 5,567,036.06 5,648,009.72 5,609,647.40 1,006 25,594.16 10.93
FNMA Bond
City of Prior Lake
Portfolio Holdings
Investment Portfolio - by Security Type
As of 3/31/2026
Cash
Certificate Of Deposit
FAMC Bond
FFCB Bond
FHLB Bond
FNMA 1.5 12/18/2031-25 3135GAA50 5/5/2025 4.180 200,000.00 169,280.00 173,472.56 172,234.00 12/18/2031 2,088 858.33 0.37
Sub Total / Average FNMA Bond 4.180 200,000.00 169,280.00 173,472.56 172,234.00 2,088 858.33 0.37
League of Minnesota Cities - 4M Fund LGIP LGIP5101M 11/30/2010 3.604 594,756.35 594,756.35 594,756.35 594,756.35 N/A 1 1.11
League of Minnesota Cities - 4M Plus Fund LGIP LGIP5101MP 11/30/2010 3.620 7,253,141.57 7,253,141.57 7,253,141.57 7,253,141.57 N/A 1 13.52
League of Minnesota Cities LGIP LGIP5211M 7/24/2024 3.604 146,881.56 146,881.56 146,881.56 146,881.56 N/A 1 0.27
Sub Total / Average Local Government Investment Pool 3.619 7,994,779.48 7,994,779.48 7,994,779.48 7,994,779.48 1 0.00 14.90
AUSTIN TEX CMNTY COLLEGE 1.78 2/1/2030 052404QL7 9/11/2024 3.700 500,000.00 453,475.00 466,848.87 459,765.00 2/1/2030 1,403 1,483.33 0.93
AUSTIN TEX CMNTY COLLEGE DIST TX 1.921 8/1/2031-30 052403HG0 8/22/2025 4.000 545,000.00 485,595.00 491,645.00 487,311.75 8/1/2031 1,949 1,744.91 1.02
BROCKTON MASS TAXABLE GO PENSION BDS 2.558 11/1/20 111746JF1 8/14/2025 4.000 500,000.00 460,660.00 464,628.66 455,645.00 11/1/2031 2,041 5,329.17 0.93
Cabot-Las Positas 1.287 8/1/2027 15722TJS1 4/28/2022 3.500 550,000.00 491,991.50 535,263.85 531,602.50 8/1/2027 488 1,179.75 1.03
California St 2.5 10/1/2029 13063DRE0 8/12/2024 4.100 500,000.00 463,270.00 474,939.02 476,690.00 10/1/2029 1,280 6,250.00 0.93
California St 4.35 11/1/2032 13063ESC1 11/6/2025 4.030 215,000.00 219,151.65 218,915.76 214,359.30 11/1/2032 2,407 3,766.98 0.40
California St 4.875 9/1/2030 13063EHU3 7/18/2025 4.101 230,000.00 238,144.30 237,029.95 237,599.20 9/1/2030 1,615 934.38 0.43
Cecil Cnty MD 1.05 11/1/2026 1498433N2 9/23/2021 0.970 500,000.00 501,985.00 500,228.83 492,335.00 11/1/2026 215 2,187.50 0.93
Colorado HSG & FIN 6 11/1/2029 19648G-MF-6 9/11/2024 4.253 1,000,000.00 1,079,960.00 1,055,848.46 1,054,750.00 11/1/2029 1,311 25,000.00 1.86
CONNECTICUT ST 4.79 3/15/2031 20772KZM4 5/7/2025 4.382 500,000.00 510,460.00 508,855.29 513,150.00 3/15/2031 1,810 1,064.44 0.93
Enfield Conn Taxable 1.39 8/1/2027 292749UK2 4/6/2022 3.000 335,000.00 308,658.95 328,384.23 323,774.15 8/1/2027 488 776.08 0.62
Franklin Twp 1.623 2/1/2029 355064KL9 10/4/2023 5.350 250,000.00 207,310.00 227,240.77 232,945.00 2/1/2029 1,038 676.25 0.47
Goose Creek Tex 4.5 2/15/2027 382604Z25 11/3/2022 4.700 500,000.00 496,125.00 499,205.19 502,830.00 2/15/2027 321 2,875.00 0.93
Hawaii St 1.892 10/1/2029 419792B47 8/14/2024 3.901 435,000.00 394,710.30 407,480.89 404,545.65 10/1/2029 1,280 4,115.10 0.81
Hawaii St GO Ref 2.802 10/1/2027-26 419792KL9 7/28/2022 3.350 100,000.00 97,413.00 99,248.94 98,393.00 10/1/2027 549 1,401.00 0.19
KENNEBUNKPORT ME 5 10/1/2029 489299BK2 10/1/2024 3.700 295,000.00 312,357.80 307,167.57 304,755.65 10/1/2029 1,280 7,375.00 0.55
Mason & Kitsap Cntys 1.583 12/1/2028 575181HB1 5/19/2023 4.150 445,000.00 389,032.35 417,998.31 417,494.55 12/1/2028 976 2,348.12 0.83
Massachusetts St 0.986 11/1/2026 57582RK96 6/30/2021 1.000 500,000.00 499,635.00 499,959.76 491,785.00 11/1/2026 215 2,054.17 0.93
Milwaukee Cnty Wis 2 12/1/2026 6022453V2 11/23/2021 1.300 500,000.00 516,960.00 502,265.65 493,315.00 12/1/2026 245 3,333.33 0.93
Minnesota St 7 11/1/2028 604146GK0 11/8/2023 5.251 250,000.00 268,952.50 259,851.13 268,840.00 11/1/2028 946 7,291.67 0.47
New York NY 1.92 11/1/2029 64971XUUO 9/25/2023 5.150 275,000.00 228,998.00 247,943.64 254,922.25 11/1/2029 1,311 2,200.00 0.51
New York NY 2.36 8/1/2031-30 64966QFX3 7/23/2025 4.250 400,000.00 360,196.00 364,737.27 362,412.00 8/1/2031 1,949 1,573.33 0.75
New York NY 3.7 8/1/2029-25 64966LYZ8 11/24/2023 5.100 250,000.00 232,897.50 239,962.47 246,535.00 8/1/2029 1,219 1,541.67 0.47
New York NY City 4.2 11/1/2030 64971QRB1 5/5/2025 4.350 500,000.00 496,370.00 496,967.16 494,560.00 11/1/2030 1,676 8,750.00 0.93
NEW YORK NY CITY 4.87 5/31/2031 64972JGZ5 8/12/2025 4.120 500,000.00 519,160.00 517,070.31 513,075.00 5/31/2031 1,887 10,145.83 0.93
New York State TFA 4.2 11/1/2028-23 64971Q7N7 9/7/2023 4.850 250,000.00 242,657.50 246,309.24 250,010.00 11/1/2028 946 4,375.00 0.47
NEWARK NJ GO BDS 2019 4.3 11/1/2030 650367PB5 8/22/2025 4.091 600,000.00 605,772.00 605,099.56 605,802.00 11/1/2030 1,676 10,750.00 1.12
San Bernardino Calif 2.332 8/1/2032-30 796711H85 10/10/2025 4.206 300,000.00 267,000.00 269,282.27 265,341.00 8/1/2032 2,315 1,166.00 0.56
SIOUX FALLS S D 3.65 11/15/2030-28 829594ML1 9/18/2024 3.720 500,000.00 498,070.00 498,549.71 487,195.00 11/15/2030 1,690 6,894.44 0.93
Springboro Ohio 5 12/1/2027 85023MAF2 7/12/2022 4.002 245,000.00 256,755.10 248,643.60 248,432.45 12/1/2027 610 4,083.33 0.46
St Louis Park Minn 4.5 2/1/2027 791740V34 9/7/2022 3.345 190,000.00 198,863.50 191,692.22 191,056.40 2/1/2027 307 1,425.00 0.35
STATE BK INDIA NEW YORK NY 4 8/21/2030 856288CM5 8/21/2025 4.000 245,000.00 245,000.00 245,000.00 244,857.90 8/21/2030 1,604 1,088.89 0.46
TARRANT REGL WTR DIST TEX 1.45 9/1/2029 876448EB3 9/11/2024 3.650 500,000.00 450,390.00 465,852.15 459,750.00 9/1/2029 1,250 604.17 0.93
Toledo Ohio City Sch 5 12/1/2027 889294RT3 9/28/2022 4.520 100,000.00 102,186.00 100,705.53 101,769.00 12/1/2027 610 1,666.67 0.19
Waukesha Wis 1.2 10/1/2027 943080UZ2 9/1/2022 3.660 375,000.00 332,557.50 362,445.62 360,300.00 10/1/2027 549 2,250.00 0.70
Wicomico Cnty MD 2 12/1/2026 967546BA9 5/13/2022 3.450 380,000.00 356,975.80 376,607.98 375,675.60 12/1/2026 245 2,533.33 0.71
Winthrop Minn 2 2/1/2029-28 976367PN6 11/24/2023 5.100 225,000.00 193,556.25 207,785.54 211,839.75 2/1/2029 1,038 750.00 0.42
YSLETA TEX INDPT SCH 0 8/15/2030 98816PDU3 4/14/2025 4.447 510,000.00 403,246.80 422,472.24 425,651.10 8/15/2030 1,598 0.00 0.95
Sub Total / Average Municipal Bond 3.818 14,995,000.00 14,386,499.30 14,610,132.64 14,561,070.20 1,202 142,983.84 27.95
T-Note 0.625 11/30/2027 91282CAY7 5/5/2022 3.040 500,000.00 438,535.00 481,605.81 474,260.00 11/30/2027 609 1,038.80 0.93
Sub Total / Average Treasury Note 3.040 500,000.00 438,535.00 481,605.81 474,260.00 609 1,038.80 0.93
Total / Average 3.062 53,657,237.53 52,351,205.12 52,780,898.44 52,682,556.74 729 241,991.40 100
Local Government Investment Pool
Municipal Bond
Treasury Note
YTM @
Cost Cost Value
Days to
Maturity
% of
Portfolio
Cash - 8,406,791 1 15.67%
Certificate of Deposit 3.855 11,069,000 760 20.63%
FAMC Bond 4.074 860,024 1,725 1.72%
FFCB Bond 3.070 3,459,260 1,195 6.90%
FHLB Bond 3.059 5,567,036 1,006 10.93%
FNMA Bond 4.180 169,280 2,088 0.37%
LGIP 3.619 7,994,779 1 14.90%
Municipal Bond 3.818 14,386,499 1,202 27.95%
Treasury Note 3.040 438,535 609 0.93%
Total / Average 3.062 52,351,205 756 100.00%
CITY OF PRIOR LAKE, MINNESOTA
Investment Portfolio - Diversification, by Security Type
March 31, 2026
Description
City of Prior Lake - Quarterly Investment Report
-3/31/263/31/253/31/24 US Treasury Yield Curve 10 yr 6.00 5.00 4.00 3.00 2.00 1.00
4646 Dakota Street SE
Prior Lake, MN 55372
INVESTMENT REPORT SUMMARY NARRATIVE
The attached “Investment Portfolio – by Security Type” identifies the various types of investments and
the brokers/banks the City of Prior Lake uses for investment purposes.
As of March 31, 2026, the cost value of the investment portfolio is $52,351,205. This decreased $2.7M
from December 31, 2025.
The ‘weighted average yield to maturity at cost’ of the investment portfolio is currently 3.04% which is
a decrease from 3.27% as of December 31. The yield will fluctuate due in part to the balances that are
in the short-term money market accounts. At the end of March, the balance in the 4M money market
was $7.99M.
st
The following table shows the treasury rates for the 1 quarter of 2026 compared to the previous two
years. Short-term yields in 2026 are lower as compared to both of the two years prior. Short-term
securities are necessary to meet cash flow needs for payments to vendors (including construction con-
tracts) and payroll. Long-term yields in 2026 are comparable to a year prior, and slightly lower or com-
parable to two years prior.
Interest rates and bond prices exhibit an inverse relationship: when interest rates increase, bond prices
decrease, and when rates decrease, bond prices increase. This occurs because newly issued bonds
offer higher yields as interest rates rise, making existing lower-yield bonds less attractive and reducing
their market price. Conversely, when interest rates fall, existing higher-yield bonds become more ap-
pealing, increasing prices. As of March 31, 2026, the cost value of the portfolio is less than the market
value of the investments by $331K. The change in the fair value of the securities is adjusted against
interest earnings in each of the funds. This is a paper gain for the first quarter of 2026; no actual
gain/loss is realized because the City holds the securities until maturity.
-3/31/262/27/261/30/26 US Treasury Yield Curve 10 yr 5.00 4.50 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50
The chart below shows how rates offered by financial institutions slightly increased during the first quar-
ter of 2026, especially for 1-3 year terms, recovering after a decline in February.
As the attached chart titled Portfolio Holdings Distribution by Maturity Range indicates, approximately
32% or $17.4M matures within 1 month. Of that total, $7.99M is in the 4M investment pool. These short-
term securities are necessary to meet cash flow needs for payments to vendors (including construction
contracts) and payroll. These funds will be invested as cash flow needs allow and when the appropriate
security (type, rate, and maturity) becomes available. Staff continues to look for opportunities to invest
funds for our long-term cash needs, primarily for annual debt service and future capital projects.
The City’s investment portfolio amount is a pool of funds identified on the monthly Treasurer’s Report.
As shown on the March Treasurer’s Report, the book value of cash and investments, is $55.6M. Of
this balance, $52.8M is investments and $2.8M is cash. Because City funds are pooled for investment
purposes, interest is allocated to each fund monthly and is based upon each individual fund’s propor-
tionate share of the total amount. Overall, the total investment pool does not represent excess reserves
but rather available financial resources. In most instances, these funds were established and restricted
for specific and designated purposes by either Minnesota Statutes or City Code to accomplish the goals
and objectives of the City. The constraints for each of the funds are noted on the Treasurer’s Report.
Investments for local governments are restricted to only those permitted by Minnesota Statutes. Per the
City of Prior Lake Investment Policy, the City has chosen to limit its allowable investments as follows:
1. Bonds, notes certificates of indebtedness, treasury bills or other securities issued by
the United States of America, its agencies and allowable instrumentalities;
2. Interest bearing checking and savings accounts, or any other investments constitut-
ing direct obligations of any bank;
3. Certificates of deposit at state and federally chartered institutions that are limited to
the amount of coverage provided by the Federal Deposit Insurance Corporation;
4. Money market accounts that are invested in above referenced government securities;
2
5. State and local securities which have at the time of investment one of the three high-
est credit ratings by a nationally recognized rating agency;
6. Investments may be made only in those savings banks or savings and loan associa-
tions the shares, or investment certificates of which are insured by the Federal De-
posit Insurance Corporation or the National Credit Union Association;
7. Investment products that are considered as derivatives are specifically excluded from
approved investments.
The breakdown of all security types held by the City is shown graphically in the attached document titled
Investment Portfolio – Diversification, by Security Type.
The investment policy also requires that all investment maturities shall not extend beyond ten (10) years
with no more than 20% maturing beyond five (5) years.
3
Change
from one
3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 year prior
Market Value 12,587,578 17,904,955 14,068,240 16,545,469 16,401,571 3,813,993
1 1 1 1 1 0
2.38% 3.33% 3.66% 2.48% 1.76%-0.62%
Fixed Income Assets
38,001,643 39,957,155 42,228,163 38,486,323 35,949,634 (2,052,009)
37,672,515 39,860,683 42,444,924 38,923,497 36,280,986 (1,391,529)
963 934 1,030 1,070 1,049 86
926 900 992 1,036 1,014 88
3.25% 3.31% 3.47% 3.61% 3.62%0.37%
Total Portfolio Value
50,589,221 57,862,110 56,296,403 55,031,792 52,351,205 1,761,984
50,260,093 57,765,638 56,513,164 55,468,966 52,682,557 2,422,464
236,785 197,288 281,553 226,552 241,991 5,206
-329,128 -96,472 216,761 437,174 331,352 660,480
727 649 778 756 729 2
699 626 749 732 704 5
3.04% 3.31% 3.52% 3.27% 3.04% 0.00%
BENCHMARK
90 Day T-Bill 4.32% 4.41% 4.02% 3.67% 3.70% -0.62%
4.23%4.29%3.83%3.59%3.72%-0.51%
4.03%3.96%3.68%3.48%3.68%-0.35%
Weighted Average Yield
to Maturity @ Cost
6 Month Treasury
1 Year Treasury
Cost Value
Market Value
Accrued Interest
Unrealized Gain / Loss
WAM (1) in Days
WAM / Callable (1) in Days
Weighted Average Yield to
Maturity @ Cost
CITY OF PRIOR LAKE, MINNESOTA
Quarterly Investment Report
March 31, 2026
Local Government
Investment Pools / Money
Market
Quarterly
WAM (1) in Days
Weighted Average Yield to
Maturity
Cost Value
Market Value
WAM (1) in Days
WAM / Callable (1) in Days
City of Prior Lake - Quarterly Investment Report
City of Prior Lake
General Fund Summary - Comparison to Prior Year
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Taxes 15,115,220 15,115,220 15,076,390 38,830 100%13,956,036 1,120,354
Licenses and Permits 550,842 550,842 624,668 (73,826) 113%868,935 (244,267)
Intergovernmental 3,606,584 3,712,834 4,069,214 (356,380) 110%3,586,083 483,131
Charges for Services 1,795,722 1,795,722 1,783,882 11,840 99%2,055,300 (271,418)
Fines and Forfeitures 108,000 108,000 99,753 8,247 92%103,765 (4,012)
Interest (losses) on investments 257,500 257,500 606,802 (349,302) 236%692,555 (85,753)
Other 119,800 119,800 421,455 (301,655) 352%619,042 (197,586)
Transfers in 615,000 615,000 626,975 (11,975) 102%876,400 (249,425)
Total Revenues 22,168,668 22,274,918 23,309,139 (1,034,221) 105%22,758,116 551,023
Expenditures
General Government 4,541,183 4,637,568 4,589,836 47,732 99%4,133,481 456,355
Public Safety 11,717,615 12,004,043 11,678,035 326,008 97%10,680,233 997,801
Public Works 2,894,521 3,055,021 2,737,603 317,418 90%2,687,169 50,434
Culture and Recreation 2,752,861 2,775,336 2,760,142 15,194 99%2,602,422 157,720
Transfer to other funds 262,488 552,488 552,745 (257) 100%248,488 304,257
Total Expenditures 22,168,668 23,024,456 22,318,361 706,095 97%20,351,792 1,966,568
Net Change - (749,538) 990,779 (1,740,317) 2,406,324 (1,415,545)
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Taxes
101 31010.00 Current Property Taxes - General Purpos 13,832,904.00 13,832,904.00 13,734,785.82 98,118.18 99% 12,957,795.56 776,990.26
101 31020.00 Delinquent Property Taxes - General Purp 0.00 0.00 75,090.87 (75,090.87) N/A 17,542.93 57,547.94
101 31040.00 Fiscal Disparities 1,278,316.00 1,278,316.00 1,261,402.37 16,913.63 99% 975,151.82 286,250.55
101 33423.00 Market Value Credit Aid 0.00 0.00 499.10 (499.10) N/A 488.84 10.26
Taxes 15,111,220.00 15,111,220.00 15,071,778.16 39,441.84 100% 13,950,979.15 1,120,799.01
Franchise Taxes
101 31810.00 Franchise Taxes 555,000.00 555,000.00 518,829.72 36,170.28 93% 543,869.46 (25,039.74)
Franchise Taxes 555,000.00 555,000.00 518,829.72 36,170.28 93% 543,869.46 (25,039.74)
Special Assessments
101 36102.00 County Assess. Collection 4,000.00 4,000.00 4,611.42 (611.42) 115% 5,056.58 (445.16)
Special Assessments 4,000.00 4,000.00 4,611.42 (611.42) 115% 5,056.58 (445.16)
Licenses and Permits
101 32100.00 Business Licenses 2,000.00 2,000.00 2,800.00 (800.00) 140% 2,200.00 600.00
101 32110.00 Liquor Licenses 80,470.00 80,470.00 80,845.00 (375.00) 100% 73,795.00 7,050.00
101 32120.00 Cannabis Fee 0.00 0.00 4,200.00 (4,200.00) N/A 4,200.00 0.00
101 32160.00 Refuse Haulers 5,900.00 5,900.00 6,990.00 (1,090.00) 118% 6,290.00 700.00
101 32175.00 Public Private Gathering Permit 0.00 0.00 150.00 (150.00) N/A 90.00 60.00
101 32180.00 Cigarette Licenses 2,250.00 2,250.00 3,250.00 (1,000.00) 144% 2,795.00 455.00
101 32185.00 Food Truck Registration 0.00 0.00 2,175.00 (2,175.00) N/A 0.00 2,175.00
101 32190.00 Community Event Application 2,500.00 2,500.00 2,350.00 150.00 94% 1,980.00 370.00
101 32210.00 Building Permits 312,962.00 312,962.00 408,610.83 (95,648.83) 131% 631,834.49 (223,223.66)
101 32215.00 Mechanical Permits 78,120.00 78,120.00 58,519.84 19,600.16 75% 68,349.54 (9,829.70)
101 32230.00 Plumbing Permits 55,620.00 55,620.00 46,754.12 8,865.88 84% 67,898.56 (21,144.44)
101 32231.00 Sewer/Water Inspection 4,520.00 4,520.00 1,853.00 2,667.00 41% 2,997.50 (1,144.50)
101 32260.00 Burning Permits 5,000.00 5,000.00 3,220.00 1,780.00 64% 4,550.00 (1,330.00)
101 32265.00 Banner Permits 0.00 0.00 200.00 (200.00) N/A 0.00 200.00
101 32270.00 Short-term Rental Fee 1,500.00 1,500.00 2,750.00 (1,250.00) 183% 1,955.00 795.00
Licenses and Permits 550,842.00 550,842.00 624,667.79 (73,825.79) 113% 868,935.09 (244,267.30)
Intergovernmental
101 33160.11 Fed Aids/Grants - Operating Police 0.00 0.00 25,128.59 (25,128.59) N/A 12,349.61 12,778.98
101 33416.01 State Aid - Police Train 30,000.00 30,000.00 32,816.18 (2,816.18) 109% 31,422.91 1,393.27
101 33416.02 State Police Aid-Ins Prem 318,000.00 318,000.00 455,021.22 (137,021.22) 143% 378,354.87 76,666.35
101 33417.00 State Aid - Fire Training 0.00 0.00 50,090.31 (50,090.31) N/A 41,838.64 8,251.67
101 33418.00 State Road & Bridge Aid 476,340.00 476,340.00 593,916.80 (117,576.80) 125% 443,943.00 149,973.80
101 33420.00 State Fire Aid-Ins. Prem. 348,527.00 348,527.00 449,937.67 (101,410.67) 129% 372,009.50 77,928.17
101 33422.11 State Aids/Grants - Operating Police 0.00 0.00 15,352.65 (15,352.65) N/A 17,465.64 (2,112.99)
101 33610.10 County-City Aids/Grants - Operating Gran 0.00 0.00 0.00 0.00 N/A 170.33 (170.33)
101 33610.11 County-City Aids/Grants - Operating Poli 0.00 0.00 0.00 0.00 N/A 4,071.59 (4,071.59)
COMPARATIVE
City of Prior Lake
General Fund Revenues
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
101 33620.00 Township Fire & Resc Aid 961,430.00 961,430.00 961,430.00 0.00 100% 960,250.00 1,180.00
101 33621.00 Liaison Aid 72,287.00 72,287.00 68,430.00 3,857.00 95% 84,742.00 (16,312.00)
101 33631.00 Payment in Lieu of Taxes 1,400,000.00 1,400,000.00 1,400,000.00 0.00 100% 1,200,000.00 200,000.00
101 33700.10 Miscellaneous Grants - Operating Grants 0.00 0.00 7,472.85 (7,472.85) N/A 36,631.16 (29,158.31)
101 33700.20 Miscellaneous Grants - Capital Grants 0.00 106,250.00 0.00 106,250.00 0% 0.00 0.00
101 33700.23 Miscellaneous Grants - Capital Parks 0.00 0.00 9,618.00 (9,618.00) N/A 2,834.00 6,784.00
Intergovernmental 3,606,584.00 3,712,834.00 4,069,214.27 (356,380.27) 110% 3,586,083.25 483,131.02
Charges for Services
101 34103.00 Zoning & Subdivision Fees 40,000.00 40,000.00 34,940.95 5,059.05 87% 37,778.35 (2,837.40)
101 34104.00 Plan Check Fees 203,430.00 203,430.00 202,175.94 1,254.06 99% 332,114.20 (129,938.26)
101 34105.00 Sale of Maps/Publications - Reports 500.00 500.00 168.00 332.00 34% 175.00 (7.00)
101 34107.00 Assessment Searches - Reports 500.00 500.00 75.00 425.00 15% 425.00 (350.00)
101 34108.00 Street Chip Seal Fee-New Development 0.00 0.00 22,275.00 (22,275.00) N/A 0.00 22,275.00
101 34109.00 Project Admin/Eng Fees 150,000.00 150,000.00 112,500.00 37,500.00 75% 240,223.35 (127,723.35)
101 34203.00 Accident/Warrant Reports - Reports 200.00 200.00 568.09 (368.09) 284% 330.00 238.09
101 34731.00 Adult League Fees 5,000.00 5,000.00 4,382.46 617.54 88% 4,274.35 108.11
101 34732.00 Recreation Program Fees - Contracted 40,000.00 40,000.00 47,735.00 (7,735.00) 119% 50,967.25 (3,232.25)
101 34735.00 Recreation Program Fees - Staff Run 70,000.00 70,000.00 71,732.00 (1,732.00) 102% 68,531.00 3,201.00
101 34735.01 Recreation Program Fees - Club Prior 12,000.00 12,000.00 16,731.00 (4,731.00) 139% 13,970.00 2,761.00
101 34740.00 Concessions - Park Fees 0.00 0.00 (135.82) 135.82 N/A 0.00 (135.82)
101 34760.01 Facility Rental - Regular 66,449.00 66,449.00 50,692.94 15,756.06 76% 49,216.47 1,476.47
101 34760.87 Facility Rental - Lease 0.00 0.00 15,490.00 (15,490.00) N/A 15,045.00 445.00
101 34761.00 Studio/Pavilion Rental 27,500.00 27,500.00 35,686.31 (8,186.31) 130% 37,314.96 (1,628.65)
101 34762.00 Park Shelter Rental 20,000.00 20,000.00 20,524.28 (524.28) 103% 22,680.27 (2,155.99)
101 34762.01 Boat Slip Rental 72,000.00 72,000.00 74,750.00 (2,750.00) 104% 65,875.00 8,875.00
101 34765.87 Tower Leases - Lease 273,183.00 273,183.00 332,756.71 (59,573.71) 122% 282,808.64 49,948.07
101 34780.00 Parking Meter Fees 30,000.00 30,000.00 22,756.86 7,243.14 76% 33,253.78 (10,496.92)
101 34783.00 City Contract Services 229,960.00 229,960.00 199,247.61 30,712.39 87% 256,447.48 (57,199.87)
Charges for Services 1,240,722.00 1,240,722.00 1,265,052.33 (24,330.33) 102% 1,511,430.10 (246,377.77)
Interest (losses) on investments
101 36210.00 Interest Earnings 277,500.00 277,500.00 396,353.06 (118,853.06) 143% 368,872.22 27,480.84
101 36210.87 Interest Earnings 0.00 0.00 (127,225.18) 127,225.18 N/A 156,172.00 (283,397.18)
101 36215.00 Amortization - Premium/Discount (20,000.00) (20,000.00) 174,463.39 (194,463.39) -872% 73,934.41 100,528.98
101 36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 163,210.97 (163,210.97) N/A 93,576.71 69,634.26
Interest (losses) on investments 257,500.00 257,500.00 606,802.24 (349,302.24) 236% 692,555.34 (85,753.10)
Fines and Forfeitures
101 35101.00 County Court Fines 108,000.00 108,000.00 95,551.87 12,448.13 88% 100,631.51 (5,079.64)
101 35104.00 Prosecution Restitution 0.00 0.00 4,201.01 (4,201.01) N/A 3,133.80 1,067.21
Fines and Forfeitures 108,000.00 108,000.00 99,752.88 8,247.12 92% 103,765.31 (4,012.43)
City of Prior Lake
General Fund Revenues
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Miscellaneous Revenues
101 36211.00 Developer Agreements 50,000.00 50,000.00 127,948.00 (77,948.00) 256% 28,035.00 99,913.00
101 36212.00 Miscellaneous Revenue 69,800.00 69,800.00 231,625.20 (161,825.20) 332% 523,542.92 (291,917.72)
101 36230.00 Contributions & Donations 0.00 0.00 4,314.46 (4,314.46) N/A 10,768.86 (6,454.40)
101 36230.11 Contributions - Shop with a Cop 0.00 0.00 2,640.00 (2,640.00) N/A 2,665.00 (25.00)
101 36230.12 Contributions and Donations 0.00 0.00 0.00 0.00 N/A 2,000.00 (2,000.00)
101 36230.13 Contributions and Donations 0.00 0.00 16,794.04 (16,794.04) N/A 18,444.13 (1,650.09)
101 36230.33 Contributions - Charitable Gambling 0.00 0.00 15,500.00 (15,500.00) N/A 28,500.00 (13,000.00)
Miscellaneous Revenues 119,800.00 119,800.00 398,821.70 (279,021.70) 333% 613,955.91 (215,134.21)
Transfers in
101 39203.00 Transfer from Other Funds 615,000.00 615,000.00 626,975.00 (11,975.00) 102% 876,400.00 (249,425.00)
Transfers in 615,000.00 615,000.00 626,975.00 (11,975.00) 102% 876,400.00 (249,425.00)
Sale of assets
101 39102.00 Sale of Property 0.00 0.00 22,633.78 (22,633.78) N/A 5,085.83 17,547.95
Sale of assets 0.00 0.00 22,633.78 (22,633.78) N/A 5,085.83 17,547.95
TOTAL REVENUES 22,168,668.00 22,274,918.00 23,309,139.29 (1,034,221.29) 105% 22,758,116.02 551,023.27
Fund 101 - GENERAL FUND:
TOTAL REVENUES 22,168,668.00 22,274,918.00 23,309,139.29 (1,034,221.29) 105% 22,758,116.02 551,023.27
City of Prior Lake
General Fund Expenditures
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Fund 101 - GENERAL FUND
Function: General Government
41110.00 MAYOR & COUNCIL 84,518.00 84,518.00 71,306.22 13,211.78 84% 78,523.71 (7,217.49)
41130.00 ORDINANCE 6,000.00 6,000.00 3,965.25 2,034.75 66% 8,453.33 (4,488.08)
41320.00 ADMINISTRATION 413,881.00 413,881.00 414,174.95 (293.95) 100% 392,321.65 21,853.30
41330.00 BOARDS & COMMISSIONS 8,150.00 8,150.00 5,788.48 2,361.52 71% 7,750.80 (1,962.32)
41400.00 CITY CLERK FUNCTIONS 148,952.00 152,227.00 146,917.54 5,309.46 97% 134,302.84 12,614.70
41410.00 ELECTIONS 27,555.00 27,555.00 31,837.32 (4,282.32) 116% 105,497.64 (73,660.32)
41520.00 FINANCE 786,856.00 791,856.00 794,329.44 (2,473.44) 100% 718,055.23 76,274.21
41540.00 INTERNAL AUDITING 50,100.00 50,100.00 42,275.00 7,825.00 84% 42,019.00 256.00
41550.00 ASSESSING 271,705.00 271,705.00 264,790.26 6,914.74 97% 252,942.17 11,848.09
41610.00 LEGAL 269,253.00 269,253.00 300,939.52 (31,686.52) 112% 271,394.07 29,545.45
41820.00 HUMAN RESOURCES 398,039.00 398,039.00 384,921.09 13,117.91 97% 358,906.82 26,014.27
41830.00 COMMUNICATIONS 172,143.00 172,143.00 167,600.07 4,542.93 97% 159,062.46 8,537.61
41910.00 COMMUNITY DEVELOPMENT 394,803.00 394,803.00 345,457.83 49,345.17 88% 286,032.27 59,425.56
41920.00 INFORMATION TECHNOLOGY 585,502.00 615,502.00 556,283.00 59,219.00 90% 503,648.86 52,634.14
41940.00 FACILITIES - CITY HALL 923,726.00 981,836.00 1,059,249.92 (77,413.92) 108% 814,569.89 244,680.03
Total - Function General Government 4,541,183.00 4,637,568.00 4,589,835.89 47,732.11 99% 4,133,480.74 456,355.15
Function: Public Safety
42100.00 POLICE 7,716,835.00 8,003,262.89 7,563,821.99 439,440.90 95% 7,006,386.30 557,435.69
42200.00 FIRE 3,029,286.00 3,029,286.00 3,201,756.87 (172,470.87) 106% 2,779,249.24 422,507.63
42400.00 BUILDING INSPECTION 917,814.00 917,814.00 871,272.28 46,541.72 95% 836,519.63 34,752.65
42500.00 EMERGENCY MANAGEMENT 17,680.00 17,680.00 11,783.54 5,896.46 67% 29,278.10 (17,494.56)
42700.00 ANIMAL CONTROL 36,000.00 36,000.00 29,400.00 6,600.00 82% 28,800.00 600.00
Total - Function Public Safety 11,717,615.00 12,004,042.89 11,678,034.68 326,008.21 97% 10,680,233.27 997,801.41
Function: Public Works
43050.00 ENGINEERING 479,673.00 640,173.00 497,509.91 142,663.09 78% 492,621.23 4,888.68
43100.00 STREET 1,782,219.00 1,782,219.00 1,633,211.54 149,007.46 92% 1,607,518.11 25,693.43
43400.00 CENTRAL GARAGE 632,629.00 632,629.00 576,557.82 56,071.18 91% 556,943.73 19,614.09
43600.00 DEVELOPMENT PROJECTS 0.00 0.00 30,323.70 (30,323.70) N/A 30,085.50 238.20
Total - Function Public Works 2,894,521.00 3,055,021.00 2,737,602.97 317,418.03 90% 2,687,168.57 50,434.40
Function: Culture and Recreation
45100.00 RECREATION 652,550.00 652,550.00 659,010.30 (6,460.30) 101% 582,292.47 76,717.83
45200.00 PARKS 2,077,171.00 2,099,646.00 2,071,877.68 27,768.32 99% 1,995,628.91 76,248.77
45500.00 LIBRARIES 23,140.00 23,140.00 29,253.60 (6,113.60) 126% 24,500.31 4,753.29
Total - Function Culture and Recreation 2,752,861.00 2,775,336.00 2,760,141.58 15,194.42 99% 2,602,421.69 157,719.89
COMPARATIVE
City of Prior Lake
General Fund Expenditures
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Function: Transfers
80000.00 Transfers to other Funds 262,488.00 552,488.00 552,745.44 (257.44) 100% 248,488.00 304,257.44
Total - Function Transfers 262,488.00 552,488.00 552,745.44 (257.44) 100% 248,488.00 304,257.44
Fund 101 - GENERAL FUND:
TOTAL EXPENDITURES 22,168,668.00 23,024,455.89 22,318,360.56 706,095.33 97% 20,351,792.27 1,966,568.29
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Fund 101 - GENERAL FUND
Function: General Government
41110.00 MAYOR & COUNCIL 77,668.00 77,668.00 66,417.84 11,250.16 86% 73,600.40 (7,182.56)
41320.00 ADMINISTRATION 331,918.00 331,918.00 328,888.12 3,029.88 99% 320,998.56 7,889.56
41330.00 BOARDS & COMMISSIONS 7,750.00 7,750.00 5,274.85 2,475.15 68% 7,750.80 (2,475.95)
41400.00 CITY CLERK FUNCTIONS 140,223.00 140,223.00 139,341.75 881.25 99% 130,596.83 8,744.92
41410.00 ELECTIONS 15,055.00 15,055.00 21,845.58 (6,790.58) 145% 84,659.66 (62,814.08)
41520.00 FINANCE 751,900.00 751,900.00 704,334.93 47,565.07 94% 692,118.87 12,216.06
41820.00 HUMAN RESOURCES 327,059.00 327,059.00 328,120.15 (1,061.15) 100% 312,209.95 15,910.20
41830.00 COMMUNICATIONS 153,643.00 153,643.00 152,403.42 1,239.58 99% 142,412.28 9,991.14
41910.00 COMMUNITY DEVELOPMENT 357,103.00 357,103.00 293,297.76 63,805.24 82% 247,559.56 45,738.20
41920.00 INFORMATION TECHNOLOGY 270,592.00 270,592.00 271,504.35 (912.35) 100% 258,175.06 13,329.29
41940.00 FACILITIES - CITY HALL 153,146.00 153,146.00 151,667.53 1,478.47 99% 96,879.32 54,788.21
Total - Function General Government 2,586,057.00 2,586,057.00 2,463,096.28 122,960.72 95% 2,366,961.29 96,134.99
Function: Public Safety
42100.00 POLICE 6,752,630.00 6,982,457.89 6,722,886.26 259,571.63 96% 6,065,444.26 657,442.00
42200.00 FIRE 2,593,301.00 2,593,301.00 2,766,820.49 (173,519.49) 107% 2,367,944.60 398,875.89
42400.00 BUILDING INSPECTION 885,693.00 885,693.00 856,002.62 29,690.38 97% 819,894.58 36,108.04
Total - Function Public Safety 10,231,624.00 10,461,451.89 10,345,709.37 115,742.52 99% 9,253,283.44 1,092,425.93
Function: Public Works
43050.00 ENGINEERING 406,131.00 406,131.00 344,430.97 61,700.03 85% 391,993.58 (47,562.61)
43100.00 STREET 598,237.00 598,237.00 616,877.70 (18,640.70) 103% 564,330.66 52,547.04
43400.00 CENTRAL GARAGE 312,029.00 312,029.00 303,453.07 8,575.93 97% 279,194.02 24,259.05
Total - Function Public Works 1,316,397.00 1,316,397.00 1,264,761.74 51,635.26 96% 1,235,518.26 29,243.48
Function: Culture and Recreation
45100.00 RECREATION 448,195.00 448,195.00 445,684.34 2,510.66 99% 382,145.20 63,539.14
45200.00 PARKS 1,300,856.00 1,300,856.00 1,249,786.03 51,069.97 96% 1,241,215.94 8,570.09
Total - Function Culture and Recreation 1,749,051.00 1,749,051.00 1,695,470.37 53,580.63 97% 1,623,361.14 72,109.23
Fund 101 - GENERAL FUND:
TOTAL EXPENDITURES 15,883,129.00 16,112,956.89 15,769,037.76 343,919.13 98% 14,479,124.13 1,289,913.63
Fund 240 - EDA SPECIAL REVENUE FUND
Function: Economic Development
46500.00 ECONOMIC DEVELOPMENT 167,888.00 167,888.00 150,355.11 17,532.89 90% 126,172.36 24,182.75
Total - Function Economic Development 167,888.00 167,888.00 150,355.11 17,532.89 90% 126,172.36 24,182.75
COMPARATIVE
City of Prior Lake
Expenditures- Personal Services Category Only (Payroll/Taxes/Benefits)
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Fund 240 - EDA SPECIAL REVENUE FUND:
TOTAL EXPENDITURES 167,888.00 167,888.00 150,355.11 17,532.89 90% 126,172.36 24,182.75
Fund 601 - WATER FUND
Function: General Government
41520.00 FINANCE 94,641.00 94,641.00 91,496.25 3,144.75 97% 89,465.83 2,030.42
Total - Function General Government 94,641.00 94,641.00 91,496.25 3,144.75 97% 89,465.83 2,030.42
Function: Water
49400.00 WATER 1,236,569.00 1,236,569.00 982,397.64 254,171.36 79% 953,930.78 28,466.86
Total - Function Water 1,236,569.00 1,236,569.00 982,397.64 254,171.36 79% 953,930.78 28,466.86
Fund 601 - WATER FUND:
TOTAL EXPENDITURES 1,331,210.00 1,331,210.00 1,073,893.89 257,316.11 81% 1,043,396.61 30,497.28
Fund 602 - STORM WATER UTILITY
Function: Water Quality
49420.00 WATER QUALITY 412,189.00 412,189.00 395,626.01 16,562.99 96% 198,984.29 196,641.72
Total - Function Water Quality 412,189.00 412,189.00 395,626.01 16,562.99 96% 198,984.29 196,641.72
Fund 602 - STORM WATER UTILITY:
TOTAL EXPENDITURES 412,189.00 412,189.00 395,626.01 16,562.99 96% 198,984.29 196,641.72
Fund 604 - SEWER FUND
Function: General Government
41520.00 FINANCE 94,641.00 94,641.00 91,482.53 3,158.47 97% 89,452.51 2,030.02
Total - Function General Government 94,641.00 94,641.00 91,482.53 3,158.47 97% 89,452.51 2,030.02
Function: Sewer
49450.00 SEWER 707,246.00 707,246.00 514,822.02 192,423.98 73% 565,950.74 (51,128.72)
Total - Function Sewer 707,246.00 707,246.00 514,822.02 192,423.98 73% 565,950.74 (51,128.72)
Fund 604 - SEWER FUND:
TOTAL EXPENDITURES 801,887.00 801,887.00 606,304.55 195,582.45 76% 655,403.25 (49,098.70)
TOTAL EXPENDITURES - ALL FUNDS 18,596,303.00 18,826,130.89 17,995,217.32 830,913.57 96% 16,503,080.64 1,492,136.68
City of Prior Lake
Debt Service Funds
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Current Property Taxes 2,929,190.00 2,929,190.00 2,925,685.26 3,504.74 100% 3,187,883.65 (262,198.39)
City Assess. Collections 0.00 0.00 377,146.71 (377,146.71) N/A 1,306,399.27 (929,252.56)
County Assess. Collection 569,714.00 569,714.00 383,327.48 186,386.52 67% 427,419.61 (44,092.13)
Interest Earnings 77,100.00 77,100.00 128,779.66 (51,679.66) 167% 108,577.41 20,202.25
Unrealized Inv.Gain(Loss) 0.00 0.00 56,469.09 (56,469.09) N/A 35,139.91 21,329.18
Miscellaneous Revenues 0.00 0.00 0.00 0.00 N/A 17,000.00 (17,000.00)
Transfer from Other Funds 1,256,974.00 1,256,974.00 1,259,807.59 (2,833.59) 100% 968,114.10 291,693.49
TOTAL REVENUES 4,832,978.00 4,832,978.00 5,131,215.79 (298,237.79) 106% 6,050,533.95 (919,318.16)
Bond Principal 4,278,731.00 4,278,731.00 4,278,731.10 (0.10) 100% 4,202,800.70 75,930.40
Bond Interest and Other 902,317.00 902,317.00 902,314.42 2.58 100% 967,865.62 (65,551.20)
Other Debt Service Expenses 4,200.00 4,200.00 5,460.00 (1,260.00) 130% 5,340.00 120.00
Transfers to Other Funds 0.00 0.00 2,838.48 (2,838.48) N/A 2,124.22 714.26
TOTAL EXPENDITURES 5,185,248.00 5,185,248.00 5,189,344.00 (4,096.00) 100% 5,178,130.54 11,213.46
TOTAL REVENUES 4,832,978.00 4,832,978.00 5,131,215.79 (298,237.79) 106% 6,050,533.95 (919,318.16)
TOTAL EXPENDITURES 5,185,248.00 5,185,248.00 5,189,344.00 (4,096.00) 100% 5,178,130.54 11,213.46
NET OF REVENUES & EXPENDITURES (352,270.00) (352,270.00) (58,128.21) (294,141.79) 872,403.41 (930,531.62)
COMPARATIVE
City of Prior Lake
Cable Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Interest (losses) on investments
210-00000.00-36210.00 Interest Earnings 0.00 0.00 3,566.33 (3,566.33) N/A 3,645.16 (78.83)
210-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 1,450.63 (1,450.63) N/A 880.33 570.30
Interest (losses) on investments 0.00 0.00 5,016.96 (5,016.96) N/A 4,525.49 491.47
Charges for Services
210-41340.00-34304.00 PEG Access Fees 17,000.00 17,000.00 10,245.04 6,754.96 60% 13,367.86 (3,122.82)
Charges for Services 17,000.00 17,000.00 10,245.04 6,754.96 60% 13,367.86 (3,122.82)
TOTAL REVENUES 17,000.00 17,000.00 15,262.00 1,738.00 90% 17,893.35 (2,631.35)
Expenditures
Current Expenditures
210-41340.00-52400.20 Small Equipment - Technology 0.00 0.00 10,726.03 (10,726.03) N/A 0.00 10,726.03
210-41340.00-54020.00 Software Service Contract 3,700.00 3,700.00 3,576.00 124.00 97% 3,576.00 0.00
Current Expenditures 3,700.00 3,700.00 14,302.03 (10,602.03) 387% 3,576.00 10,726.03
TOTAL EXPENDITURES 3,700.00 3,700.00 14,302.03 (10,602.03) 387% 3,576.00 10,726.03
Fund 210 - CABLE FRANCHISE FUND:
TOTAL REVENUES 17,000.00 17,000.00 15,262.00 1,738.00 90% 17,893.35 (2,631.35)
TOTAL EXPENDITURES 3,700.00 3,700.00 14,302.03 (10,602.03) 387% 3,576.00 10,726.03
NET OF REVENUES & EXPENDITURES 13,300.00 13,300.00 959.97 12,340.03 14,317.35 (13,357.38)
COMPARATIVE
City of Prior Lake
Capital Park Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Intergovernmental
225-00000.00-33160.20 Fed Aids/Grants - Capital Grants 1,000,000.00 1,000,000.00 1,000,000.00 0.00 100% 0.00 1,000,000.00
225-45200.00-33422.23-PRK23-000001 State Aids/Grants - Capital Parks 0.00 0.00 53,170.87 (53,170.87) N/A 198,466.80 (145,295.93)
Intergovernmental 1,000,000.00 1,000,000.00 1,053,170.87 (53,170.87) 105% 198,466.80 854,704.07
Charges for Services
225-45200.00-34760.01 Facility Rental - Regular 32,000.00 32,000.00 62,398.08 (30,398.08) 195% 24,800.00 37,598.08
225-45200.00-34791.00 Dedication Fees 300,000.00 300,000.00 229,560.00 70,440.00 77% 36,810.00 192,750.00
Charges for Services 332,000.00 332,000.00 291,958.08 40,041.92 88% 61,610.00 230,348.08
Interest (losses) on investments
225-00000.00-36210.00 Interest Earnings 43,800.00 43,800.00 43,620.04 179.96 100% 56,165.41 (12,545.37)
225-00000.00-36210.87 Interest Earnings 0.00 0.00 890.06 (890.06) N/A (715.00) 1,605.06
225-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 22,144.96 (22,144.96) N/A 14,356.66 7,788.30
Interest (losses) on investments 43,800.00 43,800.00 66,655.06 (22,855.06) 152% 69,807.07 (3,152.01)
Miscellaneous Revenues
225-00000.00-36230.00 Contributions & Donations 0.00 0.00 (271.06) 271.06 N/A 7,450.00 (7,721.06)
Miscellaneous Revenues 0.00 0.00 (271.06) 271.06 N/A 7,450.00 (7,721.06)
Transfers in
225-00000.00-39203.00 Transfer from Other Funds 0.00 290,000.00 290,000.00 0.00 100% 0.00 290,000.00
Transfers in 0.00 290,000.00 290,000.00 0.00 100% 0.00 290,000.00
TOTAL REVENUES 1,375,800.00 1,665,800.00 1,701,512.95 (35,712.95) 102% 337,333.87 1,364,179.08
Expenditures
Current Expenditures
225-45200.00-53100.80 Professional Services - General 5,600.00 5,600.00 5,434.00 166.00 97% 6,945.50 (1,511.50)
225-45200.00-54320.00 Miscellaneous Expense 0.00 0.00 24,101.18 (24,101.18) N/A 0.00 24,101.18
Current Expenditures 5,600.00 5,600.00 29,535.18 (23,935.18) 527% 6,945.50 22,589.68
COMPARATIVE
City of Prior Lake
Capital Park Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Capital Outlay
225-45200.00-55020.00 Projects - Engineering 0.00 0.00 4,713.80 (4,713.80) N/A 261,140.53 (256,426.73)
225-45200.00-55040.00-PRK23-000001 Projects - Property & ROW Acquisit'n 0.00 0.00 0.00 0.00 N/A 2,800.00 (2,800.00)
225-45200.00-55050.00-PRK23-000001 Projects - Professional Services 0.00 0.00 16,189.21 (16,189.21) N/A 84,054.35 (67,865.14)
225-45200.00-55050.00-PRK24-000001 Projects - Professional Services 0.00 0.00 205,395.35 (205,395.35) N/A 185,260.25 20,135.10
225-45200.00-55150.00-PRK24-000001 Projects - Other 0.00 0.00 43,168.00 (43,168.00) N/A 0.00 43,168.00
225-45200.00-55530.00 Infrastructure 2,500,000.00 2,500,000.00 1,984,914.30 515,085.70 79% 15,787.19 1,969,127.11
Capital Outlay 2,500,000.00 2,500,000.00 2,254,380.66 245,619.34 90% 549,042.32 1,705,338.34
TOTAL EXPENDITURES 2,505,600.00 2,505,600.00 2,283,915.84 221,684.16 91% 555,987.82 1,727,928.02
Fund 225 - CAPITAL PARK FUND:
TOTAL REVENUES 1,375,800.00 1,665,800.00 1,701,512.95 (35,712.95) 102% 337,333.87 1,364,179.08
TOTAL EXPENDITURES 2,505,600.00 2,505,600.00 2,283,915.84 221,684.16 91% 555,987.82 1,727,928.02
NET OF REVENUES & EXPENDITURES (1,129,800.00) (839,800.00) (582,402.89) (257,397.11) (218,653.95) (363,748.94)
City of Prior Lake
Revolving Equipment Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Taxes
410-00000.00-31010.00 Current Property Taxes - General Purpos 875,000.00 875,000.00 874,082.62 917.38 100%796,530.36 77,552.26
410-00000.00-31015.00 Current Property Taxes - Debt Service 150,000.00 150,000.00 150,000.00 0.00 100%0.00 150,000.00
Taxes 1,025,000.00 1,025,000.00 1,024,082.62 917.38 100%796,530.36 227,552.26
Interest (losses) on investments
410-00000.00-36210.00 Interest Earnings 20,400.00 20,400.00 20,387.27 12.73 100%20,931.87 (544.60)
410-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 7,776.04 (7,776.04)N/A 7,641.91 134.13
Interest (losses) on investments 20,400.00 20,400.00 28,163.31 (7,763.31)138%28,573.78 (410.47)
Transfers in
410-00000.00-39203.00 Transfer from Other Funds 342,166.00 342,166.00 317,562.50 24,603.50 93%400,000.00 (82,437.50)
Transfers in 342,166.00 342,166.00 317,562.50 24,603.50 93%400,000.00 (82,437.50)
Sale of assets
410-00000.00-39102.00 Sale of Property 0.00 0.00 113,242.06 (113,242.06)N/A 294,703.87 (181,461.81)
Sale of assets 0.00 0.00 113,242.06 (113,242.06)N/A 294,703.87 (181,461.81)
TOTAL REVENUES 1,387,566.00 1,387,566.00 1,483,050.49 (95,484.49)107%1,519,808.01 (36,757.52)
Expenditures
Function: Public Safety
410-42100.00-55550.00 Vehicles 260,000.00 260,000.00 255,520.56 4,479.44 98%390,293.84 (134,773.28)
410-42200.00-55550.00 Vehicles 0.00 0.00 1,376.73 (1,376.73)N/A 615,419.61 (614,042.88)
410-42400.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 48,716.79 (48,716.79)
410-42500.00-55570.00 Machinery and Equipment 46,600.00 46,600.00 30,613.00 15,987.00 66%30,760.00 (147.00)
Total - Function Public Safety 306,600.00 306,600.00 287,510.29 19,089.71 94%1,085,190.24 (797,679.95)
Function: Public Works
410-43050.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 49,542.39 (49,542.39)
410-43100.00-55550.00 Vehicles 0.00 0.00 0.00 0.00 N/A 71,576.44 (71,576.44)
410-43100.00-55570.00 Machinery and Equipment 712,000.00 712,000.00 668,567.66 43,432.34 94%30,624.55 637,943.11
410-43400.00-55550.00 Vehicles 20,000.00 20,000.00 15,287.35 4,712.65 76%19,800.00 (4,512.65)
Total - Function Public Works 732,000.00 732,000.00 683,855.01 48,144.99 93%171,543.38 512,311.63
Function: Culture and Recreation
410-45200.00-55550.00 Vehicles 0.00 0.00 145,785.00 (145,785.00)N/A 253,656.28 (107,871.28)
410-45200.00-55570.00 Machinery and Equipment 35,600.00 35,600.00 29,403.45 6,196.55 83%283,401.82 (253,998.37)
Total - Function Culture and Recreation 35,600.00 35,600.00 175,188.45 (139,588.45)492%537,058.10 (361,869.65)
TOTAL EXPENDITURES 1,074,200.00 1,074,200.00 1,146,553.75 (72,353.75)107%1,793,791.72 (647,237.97)
COMPARATIVE
City of Prior Lake
Revolving Equipment Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Fund 410 - REVOLVING EQUIPMENT FUND:
TOTAL REVENUES 1,387,566.00 1,387,566.00 1,483,050.49 (95,484.49)107%1,519,808.01 (36,757.52)
TOTAL EXPENDITURES 1,074,200.00 1,074,200.00 1,146,553.75 (72,353.75)107%1,793,791.72 (647,237.97)
NET OF REVENUES & EXPENDITURES 313,366.00 313,366.00 336,496.74 (23,130.74)(273,983.71)610,480.45
City of Prior Lake
Revolving Park Equipment Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Taxes
430-00000.00-31010.00 Current Property Taxes - General Purpos 535,000.00 535,000.00 534,303.98 696.02 100%458,181.18 76,122.80
Taxes 535,000.00 535,000.00 534,303.98 696.02 100%458,181.18 76,122.80
Intergovernmental
430-45200.00-33422.23-PRK21-000001 State Aids/Grants - Capital Parks 0.00 0.00 0.00 0.00 N/A 299,485.00 (299,485.00)
430-45200.00-33700.20 Miscellaneous Grants - Capital Grants 0.00 0.00 0.00 0.00 N/A 13,672.00 (13,672.00)
Intergovernmental 0.00 0.00 0.00 0.00 N/A 313,157.00 (313,157.00)
Interest (losses) on investments
430-00000.00-36210.00 Interest Earnings 32,500.00 32,500.00 32,624.21 (124.21)100%30,763.75 1,860.46
430-00000.00-36225.00 Unrealized Inv.Gain(Loss)0.00 0.00 15,595.16 (15,595.16)N/A 9,108.34 6,486.82
Interest (losses) on investments 32,500.00 32,500.00 48,219.37 (15,719.37)148%39,872.09 8,347.28
Miscellaneous Revenues
430-45200.00-36230.00 Contributions & Donations 0.00 0.00 88,000.00 (88,000.00)N/A 0.00 88,000.00
Miscellaneous Revenues 0.00 0.00 88,000.00 (88,000.00)N/A 0.00 88,000.00
Debt Issued
430-00000.00-39310.00 G.O. Bond Proceeds 1,030,000.00 1,030,000.00 0.00 1,030,000.00 0%0.00 0.00
Debt Issued 1,030,000.00 1,030,000.00 0.00 1,030,000.00 0%0.00 0.00
TOTAL REVENUES 1,597,500.00 1,597,500.00 670,523.35 926,976.65 42%811,210.27 (140,686.92)
Expenditures
Function: Culture and Recreation
430-45200.00-53100.80 Professional Services - General 60,000.00 60,000.00 2,981.25 57,018.75 5%2,645.00 336.25
430-45200.00-55020.00 Projects - Engineering 0.00 0.00 0.00 0.00 N/A 32,059.07 (32,059.07)
430-45200.00-55050.00-PRK25-000001 Projects - Professional Services 0.00 0.00 59,448.70 (59,448.70)N/A 40,470.00 18,978.70
430-45200.00-55530.00 Infrastructure 1,030,000.00 1,045,000.00 1,115,806.40 (70,806.40)107%18,464.28 1,097,342.12
430-45200.00-55570.00 Machinery and Equipment 50,000.00 50,000.00 0.00 50,000.00 0%0.00 0.00
Total - Function Culture and Recreation 1,140,000.00 1,155,000.00 1,178,236.35 (23,236.35)102%93,638.35 1,084,598.00
Function: Transfers
430-80000.00-59203.00 Transfers to Other Funds 920,000.00 920,000.00 265,609.00 654,391.00 29%0.00 265,609.00
Total - Function Transfers 920,000.00 920,000.00 265,609.00 654,391.00 29%0.00 265,609.00
TOTAL EXPENDITURES 2,060,000.00 2,075,000.00 1,443,845.35 631,154.65 70%93,638.35 1,350,207.00
COMPARATIVE
City of Prior Lake
Revolving Park Equipment Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Fund 430 - REVOLVING PARK EQUIP FUND:
TOTAL REVENUES 1,597,500.00 1,597,500.00 670,523.35 926,976.65 42%811,210.27 (140,686.92)
TOTAL EXPENDITURES 2,060,000.00 2,075,000.00 1,443,845.35 631,154.65 70%93,638.35 1,350,207.00
NET OF REVENUES & EXPENDITURES (462,500.00)(477,500.00)(773,322.00)295,822.00 717,571.92 (1,490,893.92)
City of Prior Lake
Facilities Management Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Function: General Government
Taxes
440-00000.00-31010.00 Current Property Taxes - General Purpos 255,000.00 255,000.00 254,165.44 834.56 100% 204,419.29 49,746.15
Taxes 255,000.00 255,000.00 254,165.44 834.56 100% 204,419.29 49,746.15
Intergovernmental
440-00000.00-33700.10 Miscellaneous Grants - Operating Grants 47,000.00 47,000.00 0.00 47,000.00 0% 0.00 0.00
Intergovernmental 47,000.00 47,000.00 0.00 47,000.00 0% 0.00 0.00
Interest (losses) on investments
440-00000.00-36210.00 Interest Earnings 35,800.00 35,800.00 28,981.16 6,818.84 81% 43,749.53 (14,768.37)
440-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 12,537.80 (12,537.80) N/A 13,733.04 (1,195.24)
Interest (losses) on investments 35,800.00 35,800.00 41,518.96 (5,718.96) 116% 57,482.57 (15,963.61)
Miscellaneous Revenues
440-41940.00-36212.00-FAC24-000002 Miscellaneous Revenue 0.00 0.00 239,579.10 (239,579.10) N/A 89,800.31 149,778.79
Miscellaneous Revenues 0.00 0.00 239,579.10 (239,579.10) N/A 89,800.31 149,778.79
Debt Issued
440-00000.00-39310.00 G.O. Bond Proceeds 515,000.00 515,000.00 0.00 515,000.00 0% 0.00 0.00
Debt Issued 515,000.00 515,000.00 0.00 515,000.00 0% 0.00 0.00
Transfers in
440-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 0.00 0.00 N/A 24,000.00 (24,000.00)
Transfers in 0.00 0.00 0.00 0.00 N/A 24,000.00 (24,000.00)
Total - Function General Government 852,800.00 852,800.00 535,263.50 317,536.50 63% 375,702.17 159,561.33
TOTAL REVENUES 852,800.00 852,800.00 535,263.50 317,536.50 63% 375,702.17 159,561.33
Expenditures
Function: General Government
Current Expenditures
440-41940.00-52200.02-FAC24-000002 Repair & Maint Supplies - Building 0.00 0.00 15,020.36 (15,020.36) N/A 1,545.15 13,475.21
440-41940.00-53100.80-FAC24-000002 Professional Services - General 0.00 0.00 1,119.51 (1,119.51) N/A 23,644.71 (22,525.20)
440-41940.00-54010.02 Maint Agreements 0.00 0.00 1,911.33 (1,911.33) N/A 158,420.10 (156,508.77)
Current Expenditures 0.00 0.00 18,051.20 (18,051.20) N/A 183,609.96 (165,558.76)
Capital Outlay
440-41920.00-55570.00-FAC24-000002 Machinery and Equipment 0.00 0.00 0.00 0.00 N/A 1,054.62 (1,054.62)
440-41940.00-55050.00 Projects - Professional Services 0.00 0.00 15,094.59 (15,094.59) N/A 48,284.61 (33,190.02)
440-41940.00-55520.00 Building & Building Improvements 24,675.00 44,675.00 44,254.65 420.35 99% 165,208.87 (120,954.22)
440-41940.00-55560.00-FAC24-000002 Furniture and Office Equipment 0.00 0.00 101,803.92 (101,803.92) N/A 0.00 101,803.92
Capital Outlay 24,675.00 44,675.00 161,153.16 (116,478.16) 361% 214,548.10 (53,394.94)
Total - Function General Government 24,675.00 44,675.00 179,204.36 (134,529.36) 401% 398,158.06 (218,953.70)
COMPARATIVE
City of Prior Lake
Facilities Management Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Function: Public Safety
Capital Outlay
440-42100.00-55520.00 Building & Building Improvements 300,000.00 373,000.00 0.00 373,000.00 0% 17,963.72 (17,963.72)
440-42200.00-55520.00 Building & Building Improvements 147,500.00 372,500.00 222,386.23 150,113.77 60%36,855.95 185,530.28
Capital Outlay 447,500.00 745,500.00 222,386.23 523,113.77 30% 54,819.67 167,566.56
Total - Function Public Safety 447,500.00 745,500.00 222,386.23 523,113.77 30% 54,819.67 167,566.56
Function: Public Works
Interest and Other
440-43100.00-55070.00 Projects - Bond Issuance Costs 15,000.00 15,000.00 0.00 15,000.00 0% 0.00 0.00
Interest and Other 15,000.00 15,000.00 0.00 15,000.00 0% 0.00 0.00
Capital Outlay
440-43100.00-55520.00 Building & Building Improvements 0.00 78,000.00 92,360.49 (14,360.49) 118% 0.00 92,360.49
440-43400.00-55520.00 Building & Building Improvements 0.00 0.00 0.00 0.00 N/A 9,962.21 (9,962.21)
Capital Outlay 0.00 78,000.00 92,360.49 (14,360.49) 118% 9,962.21 82,398.28
Total - Function Public Works 15,000.00 93,000.00 92,360.49 639.51 99% 9,962.21 82,398.28
Function: Culture and Recreation
Capital Outlay
440-45200.00-55530.00 Infrastructure 0.00 0.00 0.00 0.00 N/A 15,080.04 (15,080.04)
440-45500.00-55050.00 Projects - Professional Services 0.00 0.00 4,797.00 (4,797.00) N/A 453,757.28 (448,960.28)
440-45500.00-55520.00 Building & Building Improvements 300,000.00 300,000.00 268,519.64 31,480.36 90% 0.00 268,519.64
Capital Outlay 300,000.00 300,000.00 273,316.64 26,683.36 91% 468,837.32 (195,520.68)
Total - Function Culture and Recreation 300,000.00 300,000.00 273,316.64 26,683.36 91% 468,837.32 (195,520.68)
TOTAL EXPENDITURES 787,175.00 1,183,175.00 767,267.72 415,907.28 65% 931,777.26 (164,509.54)
Fund 440 - FACILITIES MANAGEMENT FUND:
TOTAL REVENUES 852,800.00 852,800.00 535,263.50 317,536.50 63% 375,702.17 159,561.33
TOTAL EXPENDITURES 787,175.00 1,183,175.00 767,267.72 415,907.28 65% 931,777.26 (164,509.54)
NET OF REVENUES & EXPENDITURES 65,625.00 (330,375.00) (232,004.22) (98,370.78) (556,075.09) 324,070.87
City of Prior Lake
Permanent Improvement Revolving Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Franchise Taxes
450-00000.00-31810.00 Franchise Taxes 0.00 0.00 0.00 0.00 N/A 1,096,646.59 (1,096,646.59)
Franchise Taxes 0.00 0.00 0.00 0.00 N/A 1,096,646.59 (1,096,646.59)
Intergovernmental
450-00000.00-33610.25 County-City Aids/Grants - Capital PW 0.00 0.00 0.00 0.00 N/A 23,572.94 (23,572.94)
Intergovernmental 0.00 0.00 0.00 0.00 N/A 23,572.94 (23,572.94)
Special Assessments
450-00000.00-36101.00 City Assess. Collections 0.00 0.00 32,931.91 (32,931.91) 939,492.51 (906,560.60)
450-00000.00-36102.00 County Assess. Collection 298,642.00 298,642.00 224,617.32 74,024.68 75% 42,223.83 182,393.49
Special Assessments 298,642.00 298,642.00 257,549.23 41,092.77 86% 981,716.34 (724,167.11)
Interest (losses) on investments
450-00000.00-36210.00 Interest Earnings 48,300.00 48,300.00 42,707.26 5,592.74 45,379.13 (2,671.87)
450-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 17,182.65 (17,182.65) N/A 4,452.56 12,730.09
Interest (losses) on investments 48,300.00 48,300.00 59,889.91 (11,589.91) 124% 49,831.69 10,058.22
Transfers in
450-00000.00-39203.00 Transfer from Other Funds 300,000.00 300,000.00 451,554.86 (151,554.86) 151% 615,440.70 (163,885.84)
Transfers in 300,000.00 300,000.00 451,554.86 (151,554.86) 151% 615,440.70 (163,885.84)
Debt Issued
450-00000.00-39310.00 G.O. Bond Proceeds 0.00 0.00 0.00 0.00 N/A 1,580,000.00 (1,580,000.00)
Debt Issued 0.00 0.00 0.00 0.00 N/A 1,580,000.00 (1,580,000.00)
Other Financing Sources
450-43100.00-39315.00-PIR24-000001 Projects - Bond Premium 0.00 0.00 0.00 0.00 N/A 106,507.00 (106,507.00)
Other Financing Sources 0.00 0.00 0.00 0.00 N/A 106,507.00 (106,507.00)
TOTAL REVENUES 646,942.00 646,942.00 768,994.00 (122,052.00) 119% 4,453,715.26 (3,684,721.26)
Expenditures
Capital Outlay
450-43100.00-55010.00-PIR24-000001 Projects - Contract Vouchers 0.00 0.00 1,537.50 (1,537.50) N/A 4,981,002.91 (4,979,465.41)
450-43100.00-55020.00-PIR24-000001 Projects - Engineering 0.00 0.00 8,409.00 (8,409.00) N/A 317,178.54 (308,769.54)
450-43100.00-55050.00 Projects - Professional Services 0.00 64,827.00 0.00 64,827.00 0% 261.66 (261.66)
Capital Outlay 0.00 64,827.00 9,946.50 54,880.50 15% 5,298,443.11 (5,288,496.61)
Interest and Other
450-43100.00-55070.00 Projects - Bond Issuance Costs 0.00 0.00 0.00 0.00 N/A 46,530.98 (46,530.98)
Interest and Other 0.00 0.00 0.00 0.00 N/A 46,530.98 (46,530.98)
COMPARATIVE
City of Prior Lake
Permanent Improvement Revolving Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Transfers out
450-80000.00-59203.00 Transfers to Other Funds 369,736.00 369,736.00 375,134.11 (5,398.11) 101% 94,590.00 280,544.11
Transfers out 369,736.00 369,736.00 375,134.11 (5,398.11) 101% 94,590.00 280,544.11
TOTAL EXPENDITURES 369,736.00 434,563.00 385,080.61 49,482.39 89% 5,439,564.09 (5,054,483.48)
Fund 450 - PERMANENT IMPROVEMENT REVOLVING FUND:
TOTAL REVENUES 646,942.00 646,942.00 768,994.00 (122,052.00) 119% 4,453,715.26 (3,684,721.26)
TOTAL EXPENDITURES 369,736.00 434,563.00 385,080.61 49,482.39 89% 5,439,564.09 (5,054,483.48)
NET OF REVENUES & EXPENDITURES 277,206.00 212,379.00 383,913.39 (171,534.39) (985,848.83) 1,369,762.22
City of Prior Lake
Water Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Operating Revenue
601-00000.00-36102.00 County Assess. Collection 0.00 0.00 8,417.28 (8,417.28) N/A 6,247.65 2,169.63
601-49400.00-33422.15 State Aids/Grants - Operating Public Wor 0.00 0.00 1,213.51 (1,213.51) N/A 5,436.78 (4,223.27)
601-49400.00-37100.00 Utility Receipts - Water 4,439,648.00 4,439,648.00 3,793,548.84 646,099.16 85% 3,515,379.71 278,169.13
601-49400.00-37106.00 Spring Lake Township Utility Surcharge 0.00 0.00 7,549.24 (7,549.24) N/A 0.00 7,549.24
601-49400.00-37110.00 Utility Base Fee Revenue 1,412,862.00 1,412,862.00 1,526,931.39 (114,069.39) 108% 1,389,992.44 136,938.95
601-49400.00-37160.00 Penalties 10,000.00 10,000.00 10,855.12 (855.12) 109% 9,635.61 1,219.51
601-49400.00-37170.00 Water Meter Sales 56,625.00 56,625.00 30,953.68 25,671.32 55% 49,859.10 (18,905.42)
601-49400.00-37175.00 Pressure Reducers 15,900.00 15,900.00 9,125.89 6,774.11 57% 11,548.33 (2,422.44)
Operating Revenue 5,935,035.00 5,935,035.00 5,388,594.95 546,440.05 91% 4,988,099.62 400,495.33
Non-Operating Revenue
601-00000.00-36210.00 Interest Earnings 196,500.00 196,500.00 332,794.23 (136,294.23) 169% 290,834.79 41,959.44
601-00000.00-36212.00 Miscellaneous Revenue 0.00 0.00 8,608.68 (8,608.68) N/A 14,935.00 (6,326.32)
601-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 136,767.86 (136,767.86) N/A 64,554.30 72,213.56
601-42100.00-36231.00 PERA Pension Contributions 0.00 0.00 (1,095.00) 1,095.00 N/A 15,729.00 (16,824.00)
Non-Operating Revenue 196,500.00 196,500.00 477,075.77 (280,575.77) 243% 386,053.09 91,022.68
Other Financing Sources
601-00000.00-37901.00 Contribution (Other Fund) 0.00 0.00 187,932.78 (187,932.78) N/A 1,856,219.85 (1,668,287.07)
601-00000.00-37902.00 Contribution (Developers) 0.00 0.00 408,345.00 (408,345.00) N/A 0.00 408,345.00
601-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 41,144.70 (41,144.70) N/A 257,313.12 (216,168.42)
601-00000.00-39315.00 Projects - Bond Premium 0.00 0.00 16,160.23 (16,160.23) N/A 16,160.24 (0.01)
Other Financing Sources 0.00 0.00 653,582.71 (653,582.71) N/A 2,129,693.21 (1,476,110.50)
TOTAL REVENUES 6,131,535.00 6,131,535.00 6,519,253.43 (387,718.43) 106% 7,503,845.92 (984,592.49)
COMPARATIVE
City of Prior Lake
Water Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Expenditures
Personnel
601-41520.00-51100.01 Wages - Full Time 70,171.00 70,171.00 69,917.36 253.64 100% 66,335.89 3,581.47
601-41520.00-51110.01 Overtime - Full Time 1,000.00 1,000.00 0.00 1,000.00 0% 0.00 0.00
601-41520.00-51400.00 Compensated Absences 526.00 526.00 (737.39) 1,263.39 -140% 2,299.27 (3,036.66)
601-41520.00-51450.00 Social Security Contributions 4,413.00 4,413.00 4,260.19 152.81 97% 3,974.70 285.49
601-41520.00-51451.00 Medicare Contributions 1,032.00 1,032.00 996.63 35.37 97% 930.10 66.53
601-41520.00-51460.00 PERA Contributions 5,263.00 5,263.00 5,243.95 19.05 100% 4,975.29 268.66
601-41520.00-51463.00 MN Paid Leave Contributions 0.00 0.00 15.79 (15.79) N/A 0.00 15.79
601-41520.00-51470.00 Health Insurance 11,039.00 11,039.00 10,735.85 303.15 97% 9,834.95 900.90
601-41520.00-51472.00 Retiree HCSP Contributions 300.00 300.00 300.38 (0.38) 100% 300.42 (0.04)
601-41520.00-51473.00 Dental Insurance 506.00 506.00 498.06 7.94 98% 485.08 12.98
601-41520.00-51474.00 Life Insurance 68.00 68.00 59.32 8.68 87% 59.42 (0.10)
601-41520.00-51477.00 Workers Compensation Insurance 323.00 323.00 221.90 101.10 69% 270.71 (48.81)
601-49400.00-51100.01 Wages - Full Time 914,890.00 914,890.00 772,575.41 142,314.59 84% 739,740.73 32,834.68
601-49400.00-51110.01 Overtime - Full Time 16,000.00 16,000.00 26,067.61 (10,067.61) 163% 23,406.79 2,660.82
601-49400.00-51208.01 Sick Leave - Buy Down 1,791.00 1,791.00 1,099.94 691.06 61% 6,524.13 (5,424.19)
601-49400.00-51400.00 Compensated Absences 6,862.00 6,862.00 23,392.10 (16,530.10) 341% 4,782.58 18,609.52
601-49400.00-51450.00 Social Security Contributions 57,826.00 57,826.00 48,560.28 9,265.72 84% 45,503.78 3,056.50
601-49400.00-51451.00 Medicare Contributions 13,524.00 13,524.00 11,356.76 2,167.24 84% 10,641.96 714.80
601-49400.00-51460.00 PERA Contributions 69,817.00 69,817.00 59,302.89 10,514.11 85% 56,291.73 3,011.16
601-49400.00-51463.00 MN Paid Leave Contributions 0.00 0.00 226.25 (226.25) N/A 0.00 226.25
601-49400.00-51470.00 Health Insurance 125,427.00 125,427.00 97,440.78 27,986.22 78% 90,705.66 6,735.12
601-49400.00-51472.00 Retiree HCSP Contributions 3,065.00 3,065.00 2,493.05 571.95 81% 2,445.65 47.40
601-49400.00-51473.00 Dental Insurance 4,619.00 4,619.00 3,737.98 881.02 81% 3,595.90 142.08
601-49400.00-51474.00 Life Insurance 656.00 656.00 535.10 120.90 82% 554.13 (19.03)
601-49400.00-51477.00 Workers Compensation Insurance 22,092.00 22,092.00 11,014.74 11,077.26 50% 12,093.74 (1,079.00)
601-49400.00-51478.00 OPEB Expense 0.00 0.00 4,664.00 (4,664.00) N/A (3,186.00) 7,850.00
601-49400.00-51479.00 PERA Pension Expense 0.00 0.00 (79,843.00) 79,843.00 N/A (39,170.00) (40,673.00)
Personnel 1,331,210.00 1,331,210.00 1,074,135.93 257,074.07 81% 1,043,396.61 30,739.32
Current Expenditures
601-41520.00-52010.00 Office Supplies 500.00 500.00 0.00 500.00 0% 298.66 (298.66)
601-41520.00-52400.10 Small Equipment - General 500.00 500.00 0.00 500.00 0% 0.00 0.00
601-41520.00-53100.80 Professional Services - General 3,000.00 3,000.00 0.00 3,000.00 0% 250.00 (250.00)
601-41520.00-53120.10 Bank Service Fees 14,400.00 14,400.00 15,750.55 (1,350.55) 109% 15,108.50 642.05
601-41520.00-53220.00 Postage/Shipping 11,500.00 11,500.00 12,362.13 (862.13) 107% 12,709.10 (346.97)
601-41520.00-53310.10 Training and Employee Development 200.00 200.00 0.00 200.00 0% 78.17 (78.17)
601-41520.00-53430.00 Printing Services 2,500.00 2,500.00 3,275.25 (775.25) 131% 2,075.51 1,199.74
601-41520.00-54020.00 Software Service Contract 3,555.00 3,555.00 3,566.50 (11.50) 100% 3,459.00 107.50
City of Prior Lake
Water Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
601-41520.00-54320.00 Miscellaneous Expense 0.00 0.00 0.00 0.00 N/A 0.40 (0.40)
601-49400.00-52010.00 Office Supplies 4,000.00 4,000.00 5,890.12 (1,890.12) 147% 4,026.44 1,863.68
601-49400.00-52050.00 Operating Supplies 2,000.00 2,000.00 1,627.44 372.56 81% 770.76 856.68
601-49400.00-52051.00 Fuel 18,550.00 18,550.00 7,945.44 10,604.56 43% 11,916.40 (3,970.96)
601-49400.00-52053.00 Chemicals 200,000.00 200,000.00 150,185.05 49,814.95 75% 143,464.70 6,720.35
601-49400.00-52055.00 Uniforms/Personal Protective Equipment 4,950.00 4,950.00 5,874.20 (924.20) 119% 5,731.96 142.24
601-49400.00-52200.02 Repair & Maint Supplies - Building 18,000.00 18,000.00 11,198.45 6,801.55 62% 10,683.05 515.40
601-49400.00-52200.61 Repair & Maint Supplies Wells 15,000.00 15,000.00 2,541.72 12,458.28 17% 12,580.99 (10,039.27)
601-49400.00-52200.62 Repair & Maint Supplies Water Treatment 50,000.00 50,000.00 28,763.48 21,236.52 58% 31,874.54 (3,111.06)
601-49400.00-52200.63 Repair & Maint Supplies Water Distrib 101,500.00 101,500.00 29,134.22 72,365.78 29% 30,146.78 (1,012.56)
601-49400.00-52400.10 Small Equipment - General 12,500.00 12,500.00 4,851.04 7,648.96 39% 14,785.10 (9,934.06)
601-49400.00-52400.30 Small Equipment - Safety 7,700.00 7,700.00 3,138.14 4,561.86 41% 5,038.17 (1,900.03)
601-49400.00-52500.20 Water Meters 140,000.00 140,000.00 115,823.65 24,176.35 83% 85,154.10 30,669.55
601-49400.00-53100.20 Professional Services - Engineering 40,000.00 40,000.00 66,096.10 (26,096.10) 165% 5,810.06 60,286.04
601-49400.00-53100.70 Professional Services - Water Testing 31,500.00 31,500.00 20,644.20 10,855.80 66% 23,154.21 (2,510.01)
601-49400.00-53100.80 Professional Services - General 7,000.00 7,000.00 15,212.15 (8,212.15) 217% 14,000.00 1,212.15
601-49400.00-53210.00 Telecommunications 16,450.00 16,450.00 11,795.78 4,654.22 72% 11,636.67 159.11
601-49400.00-53230.00 Telecommunications Equipment 20,000.00 20,000.00 5,774.00 14,226.00 29% 12,735.40 (6,961.40)
601-49400.00-53310.10 Training and Employee Development 23,550.00 23,550.00 12,487.95 11,062.05 53% 13,206.10 (718.15)
601-49400.00-53610.00 Insurance - Gen Liability 6,675.00 6,675.00 6,895.00 (220.00) 103% 6,713.99 181.01
601-49400.00-53630.00 Insurance - Auto 848.00 848.00 1,090.48 (242.48) 129% 800.00 290.48
601-49400.00-53810.00 Utilities - Electric 208,990.00 208,990.00 214,080.16 (5,090.16) 102% 189,772.63 24,307.53
601-49400.00-53820.00 Utilities - Gas 46,575.00 46,575.00 47,942.58 (1,367.58) 103% 33,778.27 14,164.31
601-49400.00-53830.00 Utilities - Refuse Disposal 1,000.00 1,000.00 0.00 1,000.00 0% 368.67 (368.67)
601-49400.00-53860.00 Utilities - Water 800,000.00 800,000.00 567,507.20 232,492.80 71% 569,447.10 (1,939.90)
601-49400.00-54010.01 Maint Agreements - General 0.00 0.00 0.00 0.00 N/A 331.50 (331.50)
601-49400.00-54010.02 Maint Agreements - Buildings 55,100.00 55,100.00 65,992.45 (10,892.45) 120% 49,147.29 16,845.16
601-49400.00-54010.05 Maint Agreements - Cleaning 26,000.00 26,000.00 19,494.26 6,505.74 75% 14,498.50 4,995.76
601-49400.00-54010.61 Maint Agreements Wells 50,000.00 50,000.00 16,292.50 33,707.50 33% 43,467.55 (27,175.05)
601-49400.00-54010.62 Maint Agreements Water Treatment 97,250.00 97,250.00 95,714.27 1,535.73 98% 85,310.50 10,403.77
601-49400.00-54010.63 Maint Agreements Water Distrib 279,500.00 279,500.00 163,798.45 115,701.55 59% 136,276.24 27,522.21
601-49400.00-54020.00 Software Service Contract 41,020.00 41,020.00 47,775.21 (6,755.21) 116% 37,850.93 9,924.28
601-49400.00-54070.00 Rentals - Heavy Equipment 5,000.00 5,000.00 236.33 4,763.67 5% 523.63 (287.30)
601-49400.00-54200.00 Depreciation 0.00 0.00 1,134,461.82 (1,134,461.82) N/A 1,082,320.28 52,141.54
601-49400.00-54310.00 Memberships and Subscriptions 4,250.00 4,250.00 957.25 3,292.75 23% 3,641.22 (2,683.97)
601-49400.00-54320.00 Miscellaneous Expense 10,000.00 10,000.00 14,724.57 (4,724.57) 147% 4,432.54 10,292.03
Current Expenditures 2,381,063.00 2,381,063.00 2,930,900.09 (549,837.09) 123% 2,729,375.61 201,524.48
Principal
601-49400.00-56010.00 Bond Principal 135,000.00 135,000.00 135,000.00 0.00 100% 135,000.00 0.00
601-49400.00-56500.00 Contra Debt Service - Enterprise Prin 0.00 0.00 (135,000.00) 135,000.00 N/A (135,000.00) 0.00
Principal 135,000.00 135,000.00 0.00 135,000.00 0% 0.00 0.00
Interest
601-49400.00-56110.00 Bond Interest 29,250.00 29,250.00 28,950.00 300.00 99% 34,410.00 (5,460.00)
Interest 29,250.00 29,250.00 28,950.00 300.00 99% 34,410.00 (5,460.00)
City of Prior Lake
Water Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Capital Outlay
601-49400.00-55520.00 Building & Building Improvements 150,000.00 150,000.00 97,286.10 52,713.90 65% 0.00 97,286.10
601-49400.00-55530.00 Infrastructure 57,500.00 57,500.00 62,654.32 (5,154.32) 109% 96,002.40 (33,348.08)
601-49400.00-55550.00 Vehicles 60,000.00 60,000.00 52,561.18 7,438.82 88% 65,891.21 (13,330.03)
601-49400.00-55570.00 Machinery and Equipment 210,000.00 300,500.00 286,529.60 13,970.40 95% 5,104.00 281,425.60
601-49400.00-55580.00 Software 500,000.00 0.00 10,232.96 (10,232.96) N/A 0.00 10,232.96
601-49400.00-55700.00 Contra Capital Outlay-Assets Capitalized 0.00 0.00 (445,972.20) 445,972.20 N/A (151,618.11) (294,354.09)
Capital Outlay 977,500.00 568,000.00 63,291.96 504,708.04 11% 15,379.50 47,912.46
Other Financing Uses
601-49400.00-57000.00 Loss on Disposal of Assets 0.00 0.00 24,480.14 (24,480.14) N/A 0.00 24,480.14
601-80000.00-59203.00 Transfers to Other Funds 993,883.00 993,883.00 1,126,886.85 (133,003.85) 113% 1,040,002.00 86,884.85
Other Financing Uses 993,883.00 993,883.00 1,151,366.99 (157,483.99) 116% 1,040,002.00 111,364.99
TOTAL EXPENDITURES 5,847,906.00 5,438,406.00 5,248,644.97 189,761.03 97% 4,862,563.72 386,081.25
Fund 601 - WATER FUND:
TOTAL REVENUES 6,131,535.00 6,131,535.00 6,519,253.43 (387,718.43) 106% 7,503,845.92 (984,592.49)
TOTAL EXPENDITURES 5,847,906.00 5,438,406.00 5,248,644.97 189,761.03 97% 4,862,563.72 386,081.25
NET OF REVENUES & EXPENDITURES 283,629.00 693,129.00 1,270,608.46 (577,479.46) 2,641,282.20 (1,370,673.74)
City of Prior Lake
Sewer Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Operating Revenue
604-00000.00-36102.00 County Assess. Collection 0.00 0.00 7,956.06 (7,956.06) N/A 4,911.11 3,044.95
604-49450.00-37102.00 Utility Receipts - Sewer 2,172,946.00 2,172,946.00 2,263,183.10 (90,237.10) 104% 1,928,212.85 334,970.25
604-49450.00-37104.00 Utility Recpt-Sewer MCES 2,092,022.00 2,092,022.00 2,074,889.87 17,132.13 99% 1,975,173.56 99,716.31
604-49450.00-37106.00 Spring Lake Township Utility Surcharge 0.00 0.00 7,545.77 (7,545.77) N/A 0.00 7,545.77
604-49450.00-37110.00 Utility Base Fee Revenue 1,311,476.00 1,311,476.00 1,323,937.07 (12,461.07) 101% 1,206,346.10 117,590.97
604-49450.00-37160.00 Penalties 5,000.00 5,000.00 7,199.31 (2,199.31) 144% 6,448.81 750.50
Operating Revenue 5,581,444.00 5,581,444.00 5,684,711.18 (103,267.18) 102% 5,121,092.43 563,618.75
Non-Operating Revenue
604-00000.00-36210.00 Interest Earnings 106,400.00 106,400.00 171,000.02 (64,600.02) 161% 145,479.52 25,520.50
604-00000.00-36212.00 Miscellaneous Revenue 0.00 0.00 32,630.00 (32,630.00) N/A 6,250.00 26,380.00
604-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 71,869.41 (71,869.41) N/A 32,294.79 39,574.62
604-42100.00-36231.00 PERA Pension Contributions 0.00 0.00 (634.00) 634.00 N/A 9,919.00 (10,553.00)
Non-Operating Revenue 106,400.00 106,400.00 274,865.43 (168,465.43) 258% 193,943.31 80,922.12
Other Financing Sources
604-00000.00-37901.00 Contribution (Other Fund) 0.00 0.00 65,743.85 (65,743.85) N/A 1,229,310.00 (1,163,566.15)
604-00000.00-37902.00 Contribution (Developers) 0.00 0.00 178,127.00 (178,127.00) N/A 0.00 178,127.00
604-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 10,309.00 (10,309.00) N/A 88,032.00 (77,723.00)
604-00000.00-39315.00 Projects - Bond Premium 0.00 0.00 16,160.23 (16,160.23) N/A 16,160.24 (0.01)
Other Financing Sources 0.00 0.00 270,340.08 (270,340.08) N/A 1,333,502.24 (1,063,162.16)
TOTAL REVENUES 5,687,844.00 5,687,844.00 6,229,916.69 (542,072.69) 110% 6,648,537.98 (418,621.29)
Expenditures
Personnel N/A
604-41520.00-51100.01 Wages - Full Time 70,171.00 70,171.00 69,910.61 260.39 100% 66,329.50 3,581.11
604-41520.00-51110.01 Overtime - Full Time 1,000.00 1,000.00 0.00 1,000.00 0% 0.00 0.00
604-41520.00-51400.00 Compensated Absences 526.00 526.00 (737.39) 1,263.39 -140% 2,299.27 (3,036.66)
604-41520.00-51450.00 Social Security Contributions 4,413.00 4,413.00 4,259.42 153.58 97% 3,974.02 285.40
604-41520.00-51451.00 Medicare Contributions 1,032.00 1,032.00 995.89 36.11 97% 928.82 67.07
604-41520.00-51460.00 PERA Contributions 5,263.00 5,263.00 5,243.15 19.85 100% 4,974.62 268.53
604-41520.00-51463.00 MN Paid Leave Contributions 0.00 0.00 15.74 (15.74) N/A 0.00 15.74
604-41520.00-51470.00 Health Insurance 11,039.00 11,039.00 10,733.11 305.89 97% 9,832.81 900.30
604-41520.00-51472.00 Retiree HCSP Contributions 300.00 300.00 299.62 0.38 100% 299.58 0.04
604-41520.00-51473.00 Dental Insurance 506.00 506.00 497.46 8.54 98% 484.52 12.94
604-41520.00-51474.00 Life Insurance 68.00 68.00 58.76 9.24 86% 58.66 0.10
604-41520.00-51477.00 Workers Compensation Insurance 323.00 323.00 221.90 101.10 69% 270.71 (48.81)
604-49450.00-51100.01 Wages - Full Time 493,499.00 493,499.00 433,355.80 60,143.20 88% 448,047.17 (14,691.37)
COMPARATIVE
City of Prior Lake
Sewer Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
604-49450.00-51110.01 Overtime - Full Time 30,000.00 30,000.00 18,296.46 11,703.54 61% 24,186.50 (5,890.04)
604-49450.00-51208.01 Sick Leave - Buy Down 0.00 0.00 8,308.63 (8,308.63) N/A 4,435.65 3,872.98
604-49450.00-51400.00 Compensated Absences 3,701.00 3,701.00 (6,796.31) 10,497.31 -184% (8,275.25) 1,478.94
604-49450.00-51450.00 Social Security Contributions 32,457.00 32,457.00 25,376.77 7,080.23 78% 26,049.58 (672.81)
604-49450.00-51451.00 Medicare Contributions 7,591.00 7,591.00 5,934.27 1,656.73 78% 6,092.08 (157.81)
604-49450.00-51460.00 PERA Contributions 39,262.00 39,262.00 32,160.15 7,101.85 82% 33,660.09 (1,499.94)
604-49450.00-51463.00 MN Paid Leave Contributions 0.00 0.00 114.15 (114.15) N/A 0.00 114.15
604-49450.00-51470.00 Health Insurance 75,838.00 75,838.00 59,421.20 16,416.80 78% 63,982.43 (4,561.23)
604-49450.00-51472.00 Retiree HCSP Contributions 1,664.00 1,664.00 1,323.60 340.40 80% 1,706.66 (383.06)
604-49450.00-51473.00 Dental Insurance 2,597.00 2,597.00 1,901.44 695.56 73% 2,149.02 (247.58)
604-49450.00-51474.00 Life Insurance 346.00 346.00 281.40 64.60 81% 309.54 (28.14)
604-49450.00-51477.00 Workers Compensation Insurance 20,291.00 20,291.00 8,345.61 11,945.39 41% 19,204.27 (10,858.66)
604-49450.00-51478.00 OPEB Expense 0.00 0.00 (275.00) 275.00 N/A (6,867.00) 6,592.00
604-49450.00-51479.00 PERA Pension Expense 0.00 0.00 (72,812.00) 72,812.00 N/A (48,730.00) (24,082.00)
Personnel 801,887.00 801,887.00 606,434.44 195,452.56 76% 655,403.25 (48,968.81)
Current Expenditures
604-41520.00-52010.00 Office Supplies 500.00 500.00 0.00 500.00 0% 304.95 (304.95)
604-41520.00-52400.10 Small Equipment - General 210.00 210.00 0.00 210.00 0% 0.00 0.00
604-41520.00-53100.80 Professional Services - General 3,000.00 3,000.00 0.00 3,000.00 0% 250.00 (250.00)
604-41520.00-53120.10 Bank Service Fees 14,400.00 14,400.00 15,750.51 (1,350.51) 109% 15,108.43 642.08
604-41520.00-53220.00 Postage/Shipping 11,500.00 11,500.00 12,362.11 (862.11) 107% 12,709.10 (346.99)
604-41520.00-53310.10 Training and Employee Development 200.00 200.00 0.00 200.00 0% 40.96 (40.96)
604-41520.00-53430.00 Printing Services 2,500.00 2,500.00 3,275.20 (775.20) 131% 2,075.49 1,199.71
604-41520.00-54020.00 Software Service Contract 3,555.00 3,555.00 3,566.50 (11.50) 100% 3,459.00 107.50
604-49450.00-52010.00 Office Supplies 1,500.00 1,500.00 1,336.19 163.81 89% 623.44 712.75
604-49450.00-52050.00 Operating Supplies 5,000.00 5,000.00 1,882.41 3,117.59 38% 0.00 1,882.41
604-49450.00-52051.00 Fuel 19,250.00 19,250.00 7,945.44 11,304.56 41% 11,916.38 (3,970.94)
604-49450.00-52055.00 Uniforms/Personal Protective Equipment 3,800.00 3,800.00 4,698.96 (898.96) 124% 3,401.00 1,297.96
604-49450.00-52200.80 Repair & Maint Supplies Sewer fund 0.00 0.00 0.00 0.00 N/A 206.74 (206.74)
604-49450.00-52200.81 Repair & Maint Supplies Sewer Collection 34,500.00 34,500.00 18,790.75 15,709.25 54% 37,532.09 (18,741.34)
604-49450.00-52200.82 Repair & Maint Supplies Lift Stations 45,000.00 45,000.00 39,239.55 5,760.45 87% 18,588.70 20,650.85
604-49450.00-52400.10 Small Equipment - General 8,000.00 8,000.00 4,571.41 3,428.59 57% 9,100.25 (4,528.84)
604-49450.00-52400.30 Small Equipment - Safety 7,750.00 7,750.00 0.00 7,750.00 0% 8,205.81 (8,205.81)
604-49450.00-53100.20 Professional Services - Engineering 9,200.00 9,200.00 23,978.05 (14,778.05) 261% 8,009.64 15,968.41
604-49450.00-53100.80 Professional Services - General 7,000.00 7,000.00 15,212.15 (8,212.15) 217% 14,000.00 1,212.15
604-49450.00-53210.00 Telecommunications 57,000.00 76,000.00 24,921.76 51,078.24 33% 22,734.88 2,186.88
604-49450.00-53310.10 Training and Employee Development 17,000.00 17,000.00 7,014.03 9,985.97 41% 10,853.28 (3,839.25)
604-49450.00-53610.00 Insurance - Gen Liability 6,675.00 6,675.00 6,895.00 (220.00) 103% 6,714.00 181.00
604-49450.00-53630.00 Insurance - Auto 1,974.00 1,974.00 1,858.24 115.76 94% 1,862.32 (4.08)
604-49450.00-53810.00 Utilities - Electric 75,080.00 75,080.00 77,371.24 (2,291.24) 103% 72,154.32 5,216.92
604-49450.00-53900.00 MCES Installment 2,090,201.00 2,090,201.00 2,090,200.56 0.44 100% 2,055,457.36 34,743.20
604-49450.00-54010.81 Maint Agreements Sewer Collection 67,000.00 67,000.00 60,953.75 6,046.25 91% 263,172.67 (202,218.92)
604-49450.00-54010.82 Maint Agreements Lift Stations 102,000.00 102,000.00 97,683.35 4,316.65 96% 99,531.32 (1,847.97)
City of Prior Lake
Sewer Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
604-49450.00-54020.00 Software Service Contract 44,020.00 44,020.00 47,774.19 (3,754.19) 109% 37,850.95 9,923.24
604-49450.00-54070.00 Rentals - Heavy Equipment 5,000.00 5,000.00 236.32 4,763.68 5% 0.00 236.32
604-49450.00-54200.00 Depreciation 0.00 0.00 790,107.44 (790,107.44) N/A 770,811.67 19,295.77
Current Expenditures 2,642,815.00 2,661,815.00 3,357,625.11 (695,810.11) 126% 3,486,674.75 (129,049.64)
Principal
604-49450.00-56010.00 Bond Principal 135,000.00 135,000.00 135,000.00 0.00 100% 135,000.00 0.00
604-49450.00-56500.00 Contra Debt Service - Enterprise Prin 0.00 0.00 (135,000.00) 135,000.00 N/A (135,000.00) 0.00
Principal 135,000.00 135,000.00 0.00 135,000.00 0% 0.00 0.00
Interest
604-49450.00-56110.00 Bond Interest 29,250.00 29,250.00 28,950.00 300.00 99% 34,410.00 (5,460.00)
Interest 29,250.00 29,250.00 28,950.00 300.00 99% 34,410.00 (5,460.00)
Capital Outlay
604-49450.00-55010.00 Projects - Contract Vouchers 0.00 0.00 550,215.76 (550,215.76) N/A 378,000.00 172,215.76
604-49450.00-55050.00 Projects - Professional Services 0.00 0.00 8,503.50 (8,503.50) N/A 0.00 8,503.50
604-49450.00-55530.00 Infrastructure 454,500.00 454,500.00 897,216.24 (442,716.24) 197% 87,200.38 810,015.86
604-49450.00-55570.00 Machinery and Equipment 709,000.00 709,000.00 216,248.21 492,751.79 31% 78,430.94 137,817.27
604-49450.00-55580.00 Software 0.00 500,000.00 140,992.72 359,007.28 28% 0.00 140,992.72
604-49450.00-55700.00 Contra Capital Outlay-Assets Capitalized 0.00 0.00 (1,714,850.63) 1,714,850.63 N/A (543,465.32) (1,171,385.31)
Capital Outlay 1,163,500.00 1,663,500.00 98,325.80 1,565,174.20 6% 166.00 98,159.80
Other Financing Uses
604-80000.00-59203.00 Transfers to Other Funds 407,133.00 407,133.00 443,611.70 (36,478.70) 109% 718,318.00 (274,706.30)
Other Financing Uses 407,133.00 407,133.00 443,611.70 (36,478.70) 109% 718,318.00 (274,706.30)
TOTAL EXPENDITURES 5,179,585.00 5,698,585.00 4,534,947.05 1,163,637.95 80% 4,894,972.00 (360,024.95)
Fund 604 - SEWER FUND:
TOTAL REVENUES 5,687,844.00 5,687,844.00 6,229,916.69 (542,072.69) 110% 6,648,537.98 (418,621.29)
TOTAL EXPENDITURES 5,179,585.00 5,698,585.00 4,534,947.05 1,163,637.95 80% 4,894,972.00 (360,024.95)
NET OF REVENUES & EXPENDITURES 508,259.00 (10,741.00) 1,694,969.64 (1,705,710.64) 1,753,565.98 (58,596.34)
City of Prior Lake
Water Quality Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Operating Revenue
602-00000.00-36102.00 County Assess. Collection 0.00 0.00 (9,526.13) 9,526.13 N/A (6,572.29) (2,953.84)
602-49420.00-33422.10 State Aids/Grants - Operating Grants 0.00 0.00 2,855.00 (2,855.00) N/A 38,000.00 (35,145.00)
602-49420.00-37120.00 Storm Water Revenue 2,000,772.00 2,000,772.00 2,059,519.22 (58,747.22) 103% 1,626,421.14 433,098.08
602-49420.00-37160.00 Penalties 1,500.00 1,500.00 2,279.29 (779.29) 152% 1,723.38 555.91
Operating Revenue 2,002,272.00 2,002,272.00 2,055,127.38 (52,855.38) 103% 1,659,572.23 395,555.15
Non-Operating Revenue
602-00000.00-36210.00 Interest Earnings 69,300.00 69,300.00 160,630.11 (91,330.11) 232% 136,622.82 24,007.29
602-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 56,391.49 (56,391.49) N/A 24,030.58 32,360.91
602-42100.00-36231.00 PERA Pension Contributions 0.00 0.00 (335.00) 335.00 N/A 3,061.00 (3,396.00)
602-49420.00-32250.00 Wetland Conservation Act Fees 0.00 0.00 980.00 (980.00) N/A 300.00 680.00
Non-Operating Revenue 69,300.00 69,300.00 217,666.60 (148,366.60) N/A 164,014.40 53,652.20
Other Financing Sources
602-00000.00-37901.00 Contribution (Other Fund) 0.00 0.00 252,753.27 (252,753.27) N/A 414,512.31 (161,759.04)
602-00000.00-37902.00 Contribution (Developers) 0.00 0.00 117,910.00 (117,910.00) N/A 0.00 117,910.00
602-00000.00-39203.00 Transfer from Other Funds 0.00 0.00 9,810.00 (9,810.00) N/A 2,395.00 7,415.00
602-00000.00-39315.00 Projects - Bond Premium 0.00 0.00 2,994.34 (2,994.34) N/A 1,247.64 1,746.70
Other Financing Sources 0.00 0.00 383,467.61 (383,467.61) N/A 418,154.95 (34,687.34)
TOTAL REVENUES 2,071,572.00 2,071,572.00 2,656,261.59 (584,689.59) 128% 2,241,741.58 414,520.01
Expenditures
Personnel
602-49420.00-51100.01 Wages - Full Time 296,888.00 296,888.00 255,762.10 41,125.90 86% 162,003.63 93,758.47
602-49420.00-51100.03 Wages - Seasonal/Temporary 8,000.00 8,000.00 0.00 8,000.00 0% 9,111.75 (9,111.75)
602-49420.00-51110.01 Overtime - Full Time 3,500.00 3,500.00 7,670.38 (4,170.38) 219% 5,184.37 2,486.01
602-49420.00-51400.00 Compensated Absences 2,227.00 2,227.00 15,428.86 (13,201.86) 693% 16,419.25 (990.39)
602-49420.00-51450.00 Social Security Contributions 19,120.00 19,120.00 15,801.42 3,318.58 83% 10,050.87 5,750.55
602-49420.00-51451.00 Medicare Contributions 4,472.00 4,472.00 3,695.54 776.46 83% 2,350.46 1,345.08
602-49420.00-51460.00 PERA Contributions 22,529.00 22,529.00 19,757.40 2,771.60 88% 11,921.54 7,835.86
602-49420.00-51463.00 MN Paid Leave Contributions 0.00 0.00 61.71 (61.71) N/A 0.00 61.71
602-49420.00-51470.00 Health Insurance 48,476.00 48,476.00 31,129.53 17,346.47 64% 20,640.41 10,489.12
602-49420.00-51472.00 Retiree HCSP Contributions 892.00 892.00 518.82 373.18 58% 486.26 32.56
602-49420.00-51473.00 Dental Insurance 1,575.00 1,575.00 1,162.61 412.39 74% 747.77 414.84
602-49420.00-51474.00 Life Insurance 203.00 203.00 166.41 36.59 82% 116.67 49.74
602-49420.00-51477.00 Workers Compensation Insurance 4,307.00 4,307.00 1,973.94 2,333.06 46% 2,441.31 (467.37)
COMPARATIVE
City of Prior Lake
Water Quality Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
602-49420.00-51478.00 OPEB Expense 0.00 0.00 9,122.00 (9,122.00) N/A (5,321.00) 14,443.00
602-49420.00-51479.00 PERA Pension Expense 0.00 0.00 33,437.00 (33,437.00) N/A (37,169.00) 70,606.00
Personnel 412,189.00 412,189.00 395,687.72 16,501.28 96% 198,984.29 196,703.43
Current Expenditures
602-49420.00-52010.00 Office Supplies 750.00 750.00 582.70 167.30 78% 171.44 411.26
602-49420.00-52050.00 Operating Supplies 1,000.00 1,000.00 962.26 37.74 96% 1,755.02 (792.76)
602-49420.00-52051.00 Fuel 13,300.00 13,300.00 4,405.33 8,894.67 33% 7,153.16 (2,747.83)
602-49420.00-52055.00 Uniforms/Personal Protective Equipment 950.00 950.00 1,742.06 (792.06) 183% 148.98 1,593.08
602-49420.00-52200.71 Repair & Maint Supplies Storm Sewer Sys 35,000.00 35,000.00 23,499.16 11,500.84 67% 22,098.60 1,400.56
602-49420.00-52400.30 Small Equipment - Safety 7,000.00 7,000.00 86.98 6,913.02 1% 4,769.98 (4,683.00)
602-49420.00-53100.80 Professional Services - General 143,000.00 143,000.00 142,246.40 753.60 99% 90,918.78 51,327.62
602-49420.00-53210.00 Telecommunications 1,200.00 1,200.00 1,456.32 (256.32) 121% 975.35 480.97
602-49420.00-53310.10 Training and Employee Development 2,750.00 2,750.00 2,113.44 636.56 77% 1,872.53 240.91
602-49420.00-53630.00 Insurance - Auto 135.00 135.00 127.20 7.80 94% 127.48 (0.28)
602-49420.00-54010.71 Maint Agreements Storm sewer system 162,000.00 162,000.00 50,252.65 111,747.35 31% 52,004.50 (1,751.85)
602-49420.00-54020.00 Software Service Contract 7,100.00 7,100.00 6,877.57 222.43 97% 6,522.19 355.38
602-49420.00-54070.00 Rentals - Heavy Equipment 10,000.00 10,000.00 0.00 10,000.00 0% 18,701.06 (18,701.06)
602-49420.00-54200.00 Depreciation 0.00 0.00 95,935.78 (95,935.78) N/A 107,073.73 (11,137.95)
602-49420.00-54310.00 Memberships and Subscriptions 2,500.00 2,500.00 2,606.12 (106.12) 104% 1,596.05 1,010.07
602-49420.00-54320.00 Miscellaneous Expense 1,000.00 1,000.00 490.00 510.00 49% 75.45 414.55
Current Expenditures 387,685.00 387,685.00 333,383.97 54,301.03 86% 315,964.30 17,419.67
Principal
602-49420.00-56010.00 Bond Principal 20,000.00 20,000.00 20,000.00 0.00 100% 0.00 20,000.00
602-49420.00-56500.00 Contra Debt Service - Enterprise Prin 0.00 0.00 (20,000.00) 20,000.00 N/A 0.00 (20,000.00)
Principal 20,000.00 20,000.00 0.00 20,000.00 0% 0.00 0.00
Interest
602-49420.00-56110.00 Bond Interest 66,830.00 66,830.00 50,605.56 16,224.44 76% 18,430.97 32,174.59
602-49420.00-56300.00 Other Debt Service Expenses 0.00 0.00 0.00 0.00 N/A 34,751.00 (34,751.00)
Interest 66,830.00 66,830.00 50,605.56 16,224.44 76% 53,181.97 (2,576.41)
Capital Outlay
602-49420.00-55010.00 Projects - Contract Vouchers 0.00 0.00 0.00 0.00 N/A 658,750.45 (658,750.45)
602-49420.00-55020.00 Projects - Engineering 0.00 0.00 33,645.12 (33,645.12) N/A 15,841.50 17,803.62
602-49420.00-55050.00 Projects - Professional Services 0.00 0.00 4,222.00 (4,222.00) N/A 59,453.00 (55,231.00)
602-49420.00-55530.00 Infrastructure 545,000.00 560,000.00 308,586.25 251,413.75 55% 28,793.65 279,792.60
602-49420.00-55700.00 Contra Capital Outlay-Assets Capitalized 0.00 0.00 (4,222.00) 4,222.00 N/A (511,425.13) 507,203.13
Capital Outlay 545,000.00 560,000.00 342,231.37 217,768.63 61% 251,413.47 90,817.90
City of Prior Lake
Water Quality Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
COMPARATIVE
Other Financing Uses
602-80000.00-59203.00 Transfers to Other Funds 902,300.00 902,300.00 805,571.51 96,728.49 89% 437,805.70 367,765.81
Other Financing Uses 902,300.00 902,300.00 805,571.51 96,728.49 89% 437,805.70 367,765.81
TOTAL EXPENDITURES 2,334,004.00 2,349,004.00 1,927,480.13 421,523.87 82% 1,257,349.73 670,130.40
Fund 602 - STORM WATER UTILITY:
TOTAL REVENUES 2,071,572.00 2,071,572.00 2,656,261.59 (584,689.59) 128% 2,241,741.58 414,520.01
TOTAL EXPENDITURES 2,334,004.00 2,349,004.00 1,927,480.13 421,523.87 82% 1,257,349.73 670,130.40
NET OF REVENUES & EXPENDITURES (262,432.00) (277,432.00) 728,781.46 (1,006,213.46) 984,391.85 (255,610.39)
City of Prior Lake
Economic Development Authority Special Revenue Fund
As of 12/31/2025
(Preliminary & Unaudited)
2025 2025 2025 Variance from % BDGT Actual Variance
Budget Amended Actual Amended Budget USED 12/31/2024 from 2024
Revenues
Taxes
240-00000.00-31010.00 Current Property Taxes - General Purpos382,506.00 382,506.00 377,462.31 5,043.69 99% 365,706.51 11,755.80
240-00000.00-31040.00 Fiscal Disparities 22,494.00 22,494.00 26,574.65 (4,080.65) 118% 21,490.44 5,084.21
Taxes 405,000.00 405,000.00 404,036.96 963.04 100% 387,196.95 16,840.01
Charges for Services
240-46500.00-34760.02 Facility Rental - EDA 24,588.00 24,588.00 26,988.00 (2,400.00) 110% 27,867.04 (879.04)
Charges for Services 24,588.00 24,588.00 26,988.00 (2,400.00) 110% 27,867.04 (879.04)
Interest (losses) on investments
240-00000.00-36210.00 Interest Earnings 9,800.00 9,800.00 19,575.41 (9,775.41) 200% 12,913.38 6,662.03
240-00000.00-36225.00 Unrealized Inv.Gain(Loss) 0.00 0.00 8,039.99 (8,039.99) N/A 4,064.01 3,975.98
Interest (losses) on investments 9,800.00 9,800.00 27,615.40 (17,815.40) 282% 16,977.39 10,638.01
TOTAL REVENUES 439,388.00 439,388.00 458,640.36 (19,252.36) 104% 432,041.38 26,598.98
Expenditures
Personal Services
46500.00 ECONOMIC DEVELOPMENT 167,888.00 167,888.00 150,384.52 17,503.48 90% 126,172.36 24,212.16
Personal Services 167,888.00 167,888.00 150,384.52 17,503.48 90% 126,172.36 24,212.16
Current Expenditures
46500.00 ECONOMIC DEVELOPMENT 171,950.00 171,950.00 99,709.48 72,240.52 58% 29,906.57 69,802.91
Current Expenditures 171,950.00 171,950.00 99,709.48 72,240.52 58% 29,906.57 69,802.91
Capital Outlay
46500.00 ECONOMIC DEVELOPMENT 385,000.00 385,000.00 0.00 385,000.00 0% 9,500.00 (9,500.00)
Capital Outlay 385,000.00 385,000.00 0.00 385,000.00 0% 9,500.00 (9,500.00)
TOTAL EXPENDITURES 724,838.00 724,838.00 250,094.00 474,744.00 35% 165,578.93 84,515.07
Fund 240 - EDA SPECIAL REVENUE FUND:
TOTAL REVENUES 439,388.00 439,388.00 458,640.36 (19,252.36) 104% 432,041.38 26,598.98
TOTAL EXPENDITURES 724,838.00 724,838.00 250,094.00 474,744.00 35% 165,578.93 84,515.07
NET OF REVENUES & EXPENDITURES (285,450.00) (285,450.00) 208,546.36 (493,996.36) 266,462.45 (57,916.09)
COMPARATIVE
ITEM: 5E
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Bradley Smith, Accountant
Angela Gieseke, Finance Supervisor
Jason Etter, Accounting Manager
Nicole Klekner, Finance Director
PRESENTED BY: Nicole Klekner, Finance Director
AGENDA ITEM: Approval of Preliminary 2025 Year End Financials
GOAL AREA High-Value City Services
OBJECTIVE: 1. Establish financial stability for all funds.
RECOMMENDED ACTION:
Approve the December 31, 2025 Financial Report as submitted.
BACKGROUND:
Staff have prepared preliminary summary financial reports for the City of Prior Lake (attached) as
of December 31, 2025. The reports reflect revenue and expenditure activity during 2025. The
reports are preliminary and unaudited but unlikely to change. Comparative information has been
included for the same period of the prior year.
This agenda report provides a summary of December 31, 2025, financial results. Information is
provided for the following funds:
General Fund
Debt Service Funds
Cable Fund
Capital Park Fund
Revolving Equipment Fund
Revolving Park Equipment Fund
Facilities Management Fund
Permanent Improvement Revolving (PIR) Fund
Water Fund
Sewer Fund
Water Quality Fund
Economic Development Authority Special Revenue Fund
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5E
Page | 2
FINANCIAL IMPACT:
Key Points for 2025:
Preliminary financial information reflects General Fund revenues exceeding expenditures by
$990,779. The General Fund reserve balance is projected at $14,402,348 as of 12/31/2025
which is equal to a 60% reserve balance. This net addition to fund balance is summarized
below:
Total
Total Revenues $ 23,309,000
Total Expenditures $ 22,318,000
Net Change-Add to Fund Balance $ 991,000
2025 Estimated Year End Fund Balance Reserve % 60%
Shown below is a summary of the components of the estimated change in Fund balance.
Components of Net Add to Fund Balance:
Revenue more than budget $ 1,034,000
Expenditures less than budget 706,000
Planned Use of Reserves (749,000)
Net Change-Add to Fund Balance $ 991,000
The drivers of the estimated add to fund balance are summarized below:
Revenues:
Estimated
Favorable/(Unfavorable) to
DescriptionAmended BudgetComments
$23k below budget in property tax collections (current +
Taxes (40,000) delinquent); $17k in fiscal disparities
Favorability due to multi-family (Rachel Development)
and commercial building permits; new residential units
at 47% of budget (33 permits issued/70 budgeted for
Item 5E
Licenses and Permits 74,000year); $20k below budget on mechanical permit revenue
State Aid ~$424k above budgeted amount; offset by
Page | 3
capital grants budgeted in 2025 but likely to be received
in 2026 (revenue contribution from Scott County and
Intergovernmental 357,000 Scott County CDA for AUAR study)
Discount/premium amortization and unrealized gain on
Revenue - $1.034M favorable to budget with drivers shown below.
investments higher than budget ($194k
premium/discount amortization and $163k unrealized
Interest (Loss) on Investments 349,000 gain favorable to budget)
$78k above budget on admin fee revenue per
development agreements due to timing of development
projects; $162k above budget for misc revenue, mainly
due to return of excess TIF after Lakefront Plaza TIF
Other 294,000 district close out
Estimated Revenue Variance to
Budget 1,034,000
Expenditures:
Estimated
Favorable/(Unfavorable) to
DescriptionAmended BudgetComments
Open positions in Public Works, Community
Development, Police. Savings in Police OT and worker's
comp savings in all departments; slightly offset by higher
monthly hours for paid-on-call firefighters compared to
Personnel 344,000 budget
Budgeted at a higher fuel rate of $3.50/gallon. Price has
Item 5E
subsequently dropped to an average of $3.02/gallon
Fuel 116,000 through Q4.
Page | 4
Favorability to budget in IT ($9k), Facilities ($9k), Police
($10k), Street ($28k), and Central Garage ($23k) due to
lower repair needs than budgeted and timing of spend;
offset by Parks spend over budget for Misc and
Expenditures - $706k favorable to budget with drivers shown below.
Repair and Maintenance Supplies 64,000Landscaping ($15k)
Favorability to budget in IT ($21k), Engineering ($90k)
and Street ($31k) professional services due to changing
business needs and project timing. Offset by Finance
professional services spend for Interim Assistant
Finance Director and Parks professional services spend
Professional Services 78,000for communication services related to park referendum
Primarily training and employee development, heavy
Other 104,000 equipment rental and operating supplies
Estimated Expenditure Variance
to Budget 706,000
Planned Use of Reserves - $230k planned use of reserve for budget amendments
primarily for Police Department server updates, annexation area AUAR study, and
Facilities project needs carried forward from 2024 due to changes in project timing. $230k
planned use of reserve for Police Department salary adjustments due to compensation
study completed in 2025 as part of union negotiations. $290k planned use of reserve for
transfer to Capital Park Fund for TH13 Trail Segment 1.
General Fund 2025 Summary through December 31
Preliminary financial information reflects revenues exceeding expenditures by $990,779. This is
primarily due to State Aid revenues exceeding the budgeted amount, excess TIF from Lakefront
Plaza decertification and interest on investments; as well as lower spending on Personnel from
open positions and workers’ compensation insurance savings, lower fuel spend and lower
professional services expenses.
General Fund Revenues/Transfers In
Total revenues are $23,309,139 through 12/31/25 or 105% of the annual budgeted amount.
Preliminary reports show General Fund actual revenues were higher than the 2025 budget by
$1,034,221.
Item 5E
Page | 5
Property taxes are at 99.7% of the budgeted amount. Property taxes are received in June,
December, and January.
Licenses and permits are 113% of budget. Favorability is due to multi-family and commercial
building projects. Due to the uncertainty/timing of the multi-family housing projects in the
development process, staff does not budget for multi-family permits and fees. Building permits
(single family and townhomes) were budgeted at 70 units for 2025 and the actual units through
the fourth quarter are 33. The following table provides a breakdown of the 1/1 – 12/31 activity by
year.
Year Single Townhomes Multiple Commercial / Other Total Change
Family Units Industrial Permits from PY
2025 29 4 1 3 2145 2182 -3%
2024 51 4 1 5 2178 2239 -6%
2023 68 1 1 4 2307 2380 -5%
2022 100 4 0 2 2397 2504 -12%
2021 132 0 0 7 2700 2839 -8%
The value of building permits issued decreased 41.5% from $95.9M in 2024 to $56.1M in 2025.
58% of the valuation decrease is due to the Jeffers Waterfront multi-family apartment building in
2024. The average valuation of a single-family home increased 21% from the prior year, but total
single-family valuation is down 31% compared to 2024 as 29 permits were issued in 2025 as
compared to 51 in 2024. Total Commercial/Industrial valuation is down 24% as compared to 2024.
The 3 Commercial/Industrial permits were for Park Place Storage, Valvoline, and Chula’s. Lastly,
the City saw a decrease in residential and commercial addition valuation in 2025.
All payments were received in 2025 for Municipal State Road and Bridge Aid and the township
fire agreements, along with Municipal State Aid for Police and Fire. State Aid payments came in
$424,268 over budget. Amounts are budgeted based on historical receipts but the formula for the
amounts received vary from year to year.
SMSC Police Aid of $1.4M was received in 2025, which is equal to 100% of the $1.4M budget for
this line item.
Franchise fees received were at 93% of the budgeted amount.
Charges for Services are at 102% of the budgeted amount. This is primarily due to higher tower
lease payments and street chip seal fee for new development.
Gains on investments are 236% of annual budget. $194k was due to premium/discount
amortization on investments. The report also reflects a $163k increase in the fair value of
securities. This is a paper gain; no actual gain is realized because the city holds the securities
until maturity.
Miscellaneous revenue is 333% of the budgeted amount. This is primarily due to $77,948
additional admin fee revenue due to timing of development projects and return of $122,707
excess TIF after Lakefront Plaza TIF district close out.
Item 5E
Page | 6
Transfers in include budgeted operating transfers in of $615,000 from the utility funds and a
transfer in of $11,975 from the Public Safety special revenue fund for drones and other equipment
needs.
General Fund Expenditures/Transfers Out
General Fund total expenditures of $22,318,361 for 2025 represent 97% of the $23,024,456
amended budget. The level of expenditures (as a percent of budget) is consistent with 2024. A
summary of the variances to budget are shown in the table below.
% Variance
2025 Amended $ Variance from from Amended
Expenditure Function Budget 2025 Actual Amended Budget Budget
General Government 4,637,568 4,589,836 47,732 1%
Public Safety 12,004,043 11,678,035 326,008 3%
Public Works 3,055,021 2,737,603 317,418 10%
Culture and Recreation 2,775,336 2,760,142 15,194 1%
Transfer to other funds 552,488 552,745 (257) 0%
Total Expenditures $ 23,024,456 $ 22,318,361 $ 706,095 3%
Key points related to expenditures in 2025 are as follows:
Personnel expenditures are $343,919 lower than budgeted due to open positions in Public
Works, Community Development and Police. Overtime in the Police department is lower
than budget due to efforts in the department to reduce this expense. Workers’
compensation savings also contributed. The city’s insurer, LMCIT, reduced the rates by
5% based on updated actual and projected claim costs. This reduction, along with open
positions, resulted in worker’s compensation expenditure savings of $120,184.
Current expenditures are lower than budget due to the average cost of fuel being $3.02
per gallon through Q4 instead of the $3.50 per gallon budgeted, and lower repair and
maintenance spend due to lower repairs needs than budgeted and timing of spend, in
various departments.
Professional services expenses are lower than budget by $78,183. Lower expenses in
Information Technology, Engineering and Streets due to changing business needs and
project timing were partially offset by higher professional services in Finance due to
contractor spend for the Interim Assistant Finance Director and Parks for professional
services spend related to the park referendum.
Additional favorability in Other expense line items are primarily due to savings in training
and employee development of $54,895, heavy equipment rental of $18,630 and operating
supplies of $19,800.
Budgeted transfers out during the year are for interest & principal of debt service, and
capital park funding for the TH13 Trail segment.
Debt Service Funds
Total revenues of the debt service funds are $5,131,215. Property taxes and special assessments
are received in June, December, and January (final tax settlement). 2025 transfers included the
closeout of the debt service fund balance for Fund 562 (GESP Lease) which totaled $2,838. The
fund balance was transferred to debt service fund 568 (2017 Street and Capital Improvements)
as identified in council resolution 26-044.
Item 5E
Page | 7
Total expenditures of the debt service funds are $5,189,344. Scheduled bond payments were
made in June and December. Ending fund balance is $3.148M.
Cable Fund
2025 activity included revenue from cable franchise companies of $15,262 and expenditures of
$14,302 for Council Chambers display equipment and live web streaming and hosting. Ending
fund balance is $117k.
Capital Park Fund
Revenues were $1,701,513 which is $35k more than budget, primarily due to a State grant for
the TH13 Trail Connection, prepaid building storage fees and park dedication fees. Revenue
included state aid of $53k for TH13 Trail Segment 5; Park Dedication Fees of $229k were received
nd
for Aspen Ridge and Pike Landing 2 Addition development; Facility rental of $62k for the Pike
Lake Park home and prepaid storage building fees; and interest and unrealized gain on
investments of $66k.
Expenditures were $2,283,916 and included TH13 Trail Segment 1 project costs. Expenditures
were less than budget by $221k due to the timing of the project work. Ending fund balance is
$824k.
Revolving Equipment Fund
Revenues were $1,483,050. Property taxes, the primary funding source, totaled $1.024M.
Revenues also included $113k of proceeds from the disposal of equipment. An operating transfer
of $317k from the utility funds was also received. Equipment purchases totaled $1.1M.
Overall, the fund is favorable to budget by $23k primarily due to equipment sale proceeds of
$113k (not a budgeted item). Ending fund balance is $1.1M.
Revolving Park Equipment Fund
Revenues were $670,523, which comes primarily from property taxes and interest. Revenue also
included contributions and donations from PLAY for $88k. Expenditures were $1,443,845 and
were primarily for the Pond Park Phase 2 project. Ending fund balance is $450k. Future spending
of revolving park fund balance will be guided by the Master Park Plan.
Facilities Management Fund
Revenues were $535,263, which comes primarily from property taxes but also includes insurance
proceeds from the water damage at City Hall. Facility improvements were $767,267 including
$222k for Fire Station 1 bathroom remodel, $168k for City Hall water damage, $269k for the
downtown parking lot and $92k for the Public Works office remodel. No debt was issued in 2025
due to a shift in project years for future facility projects. Ending fund balance is $564k.
Permanent Improvement Revolving Fund
Revenue from this fund of $768,994 is comprised primarily of special assessments and transfers
from the Construction fund. There was no planned project for 2025. Expenditures for the year
were $385,081, mainly consisting of a transfer out to the debt service fund of $375k. Ending fund
balance is $1.385M.
Item 5E
Page | 8
Water Fund
The year-end financial report for the Water Fund reflects six bi-monthly billing cycles.
Operating revenue totaled $5,388,595 which is an increase of $400,495 or 8.0% from 2024.
Operating revenue was unfavorable to budget by $546,440 due to 13% lower consumption
throughout the year vs budget. The variance to budget is due to the estimate of residential water
usage for 2025. The estimate is based on previous year’s data, usage by tier, and new customer
estimates. The actual number of new customers was also lower than budget due to a slowdown
in the housing market.
Non-operating revenues were $91k more than 2024. This included interest earnings of $333k,
and an unrealized gain on investments of $137k. The unrealized gain is due to an increase in the
fair value of the securities which is allocated by fund based on cash balances. This is a paper
gain; no actual gain/loss is realized because the city holds the securities until maturity.
There was $596,278 in capital contributions from other funds and developers for watermain
assets that were capitalized.
Total operating expenses (personnel and current expenditures), before depreciation, are
$2,870,574 which is $841,699 (22.7%) under budget:
Due to lower consumption in 2025 compared to budget, less water needed to be
purchased from the SMSC. Water purchases were below budget by $232k.
Chemicals and Repair and maintenance supplies were under budget by $163k due to
lower consumption.
Maintenance agreements for water distribution and wells were under budget by $149k
mainly due to less watermain repairs than budgeted.
Personnel expenses were $257k lower than budget mainly due to open positions and
workers’ compensation savings.
Depreciation expense is $1.13M which is 28.3% of operating expenses.
Capital outlay this year was $446,610 and Infrastructure capital expenses were $62,654 for well
rehab.
Water Improvement Budget Actual Comments
Projects – Capital Outlay
Total (Machinery & Equipment, $510,500 $446,610 Lower spend on ventilators and carpet
Vehicles, Building Improvements)
Transfers out include $251,000 for operating transfers, $624,750 for debt service, $158,804 for
the 2024 and 2025 Pavement Management project transfer and $92,333 for an equipment
transfer.
Sewer Fund
The year-end financial report for the Sewer Fund reflects six billing cycles.
Operating revenue totaled $5,684,711 which is an increase of $563,618 or 11% from 2024. The
sewer revenue increase is due to a 2% increase in sewer usage from 2024 as well as a rate
increase of 10%.
Item 5E
Page | 9
Operating revenue was over budget by $103,267 due to 3.1% higher consumption. The variance
is due to the estimate of residential sewer usage for 2025. The estimate is based on previous
year’s data, usage by tier, and new customer estimates.
Non-operating revenue was $81,556 more than 2024 due to higher interest earnings, higher
unrealized gain on investments and an insurance payment for lift station replacement. Non-
operating revenue includes interest earnings of $171k, and an unrealized gain on investments of
$72k. The unrealized gain is due to an increase in the fair value of the securities which is allocated
by fund based on cash balances. This is a paper gain; no actual gain/loss is realized because the
city holds the securities until maturity.
Other financing sources include capital contributions of $66k from other funds and $178k from
developers in sewer assets that were capitalized.
Total operating expenses (personnel and current expenditures,) before depreciation, were
$3,173,952 which is favorable to budget by $289,750 (8.4%).
Personnel expenses were under budget by $195k due to open positions and workers’
compensation savings.
Repair and maintenance supplies were under budget by $21k due to lower repair needs
than budgeted and timing of spend.
Telecommunications was under budget by $51k mainly due to lower expenses for lift
station monitoring and radios.
Partially offset by professional services coming in over budget by $23k due to Interim
Public Works Director services and AUAR study.
Depreciation expense is $790,107 which is 19.9% of expenses.
Capital outlay this year totaled $915,960 and infrastructure capital expenses were $897,216.
Sewer Improvement Budget Actual Comments
Projects – Capital Outlay
th
Total (Machinery & Equipment, $1,209,000 $915,960 Lords Lift Station Rehab; 150 St Lift
Software and Project – Contract Station Rehab
Vouchers and Professional
Services)
Sewer Infrastructure Projects Budget Actual Comments
Sewer Lining and Inflow/Infiltration $454,500 $897,216 Lakeside Sewer Lining Project timing
Improvements
Transfers out include $249,000 for operating transfers, $76,201 for the 2024 and 2025 Pavement
Management project transfer and $118,411 for equipment transfers.
Water Quality Fund
The year-end financial report for the Water Quality Fund reflects six bi-monthly billing cycles.
Operating revenue totaled $2,055,127 which is an increase of $395,555 or 23.8% over 2024. This
is primarily due to a rate increase from $21.31 to $27.71 (30% increase). Storm Water revenues
are based on flat rates per billing cycle.
Item 5E
Page | 10
Operating revenue was favorable to budget by $52,855.
Non-operating revenues were $53,652 more than 2024. This included interest earnings of $161k
and an unrealized gain on investments of $56k. The unrealized gain is due to an increase in the
fair value of the securities which are allocated by fund based on cash balances. This is a paper
gain; no actual gain/loss is realized because the city holds the securities until maturity.
Other financing sources include capital contributions of $253k from other funds and $118k from
developers in water quality assets that were capitalized.
Total operating expenses (personnel and current expenditures), before depreciation, were
$633,136 which was $225,261 more than 2024 and is favorable to budget by $166,738 primarily
in personnel expenses ($17k) due to an open position, and maintenance agreements ($112k) due
to timing of infrastructure maintenance.
Depreciation expense is $96k which is 13.2% of the operating expenses.
Capital outlay this year totaled $37,867 and infrastructure capital expenses were $308,586.
Stormwater Improvement Budget Actual Comments
Projects – Capital Outlay
Total (Projects – Engineering, $0 $37,867 Panama & 13 Water Quality
Professional Services) Retrofit, 2025 Misc Drainage
Project, Horkey Bridge
rehabilitation
Stormwater Budget Actual Comments
Infrastructure Projects
Total $560,000 $308,586 Project timing – planned
projects were Pond
Maintenance & Retrofit,
Stormwater Pond Planning,
Maintenance projects and
Adelmann Street pond; actual
infrastructure spend was for
Stormwater pond
maintenance and 2025 Misc
Drainage Project
Transfers out included $115,000 for operating transfers, $353,758 for the 2024 and 2025
Pavement Management project transfer, $203,917 for the Martindale Henning Hickory
Reclamation project transfer, and $132,897 for an equipment transfer.
Economic Development Authority Special Revenue Fund
Funding for the EDA comes primarily from property taxes and facility rental payments from
Sebastian Auto.
Revenues of $458,640 exceeded expenditures of $250,094 by $208,546. Ending fund balance
is $2.075M.
Item 5E
Page | 11
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the December 31, 2025,
Financial Report as presented.
2. Motion and second to remove the Financial Report from the consent agenda for additional
discussion.
ATTACHMENTS:
1. 2025 Preliminary Year End Financial Report - Attachment 1
2025 Preliminary Year April 28, 2026 End Report-
PriorLakeMN.gov2 General Fund ReservesEnterprise FundsOther Governmental FundsGeneral FundFunds Highlighted:End-2025 Preliminary YearAgenda
PriorLakeMN.gov 2026 Estimated Year End Fund Balance Reserve: 56%•2025 Year End Fund Balance Reserve: 60%•3 General Fund Summary
General Fund Revenues 4
General Fund Revenues 5 Variance to BudgetDrivers of -
General Fund Expenditures 6
General Fund Expenditures 7 Variance to BudgetDrivers of –
2025 Other Funds Planned Expenditures follow the Capital Improvement Program (TH13 Trail)•from new development, facility rentalTH13 Trail, Park Dedication Fees for Revenue includes federal
and state grants •expendituresCouncil Chambers display equipment and live web streaming and hosting •Revenue source is PEG Access Fees •Cable Fund::Special Revenue FundsPlanned payment
of debt service in June and December •Revenue from property taxes and special assessments•Debt Service Funds 8
2025 Other Funds MN Public Safety Fund::Special Revenue Funds (continued)9
PriorLakeMN.gov 2025 Other Funds 10 for partial yearprofessional services spend vs. budget, open Planner position Driver: No purchases of property or ROW in 2025, lower •Added $209k
to fund balance •EDA Fund:•:Special Revenue Funds (continued)•
2025 Other Funds qualifying projectsFund Balance of $233k restricted for •$50k-$63k; The Link -Cities Habitat for Humanity Expenditures: LAHA Contributions to Twin •$267k-Revenue source
is state aid •Local Affordable House Aid (LAHA) Fund::Special Revenue Funds (continued)11
2025 Other Funds construction and utility funds for equipment and facilities.Revenue from special assessment collection, transfers in from the •–PIR/Street Overlay Fund •occurrence deductible.
LMC still pursuing subrogation of claim.and insurance ended up paying $464,000, which is the full amount less our Total costs incurred for that incident were $489,000 -City Hall water
damage •remodel.remodel, City Hall water damage, Downtown parking lot, and Public Works office Expenditures of $767k for Fire Station 1 bathroom –Facilities Management Fund •Phase 2.
Donation of $88k from PLAY.expenditures of $1.4M primarily for Pond Park –Revolving Park Equipment Fund •equipment purchases of $1.1M–Revolving Equipment Fund •:Capital Project Funds
12
Water Fund Revenue Over (Under) ExpenseExpenseRevenue1,270,6085,248,6456,519,253 lower personnel expensesless SMSC water purchases, chemicals, repair & maintenance supplies; Operating
expenses favorable due to lower consumption leading to -Expenditures:gain on investmentsoperating revenue due to interest earnings, unrealized -Favorable non-weather conditions, slowdown
in housing marketUnfavorable operating revenue due to fluctuating consumption, -Revenue:13
Sewer Fund Revenue Over (Under) ExpenseExpenseRevenue1,694,9704,534,9476,229,917 expensesbudgeted and lower telecommunications expenses; lower personnel Operating expenses favorable
due to lower repair needs than -Expenditures:gain on investmentsoperating revenue due to interest earnings, unrealized -Favorable non-Favorable operating revenue due to fluctuating
consumption-Revenue:14
Stormwater Fund Revenue Over (Under) ExpenseExpenseRevenue728,7811,927,4802,656,261 spend due to timing; lower personnel expensesOperating expenses favorable due to lower maintenance
agreement -Expenditures:gain on investmentsoperating revenue due to interest earnings, unrealized -Favorable non-Revenue:15
16 Questions
ITEM: 5F
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Josh Eppen, Facilities Manager
PRESENTED BY: Nick Monserud, Public Works Director/City Engineer
AGENDA ITEM: Resolution Receiving Quotes and Awarding a Contract for Building
Maintenance at Fire Stations 1 and 2
RECOMMENDED ACTION:
Adopt a resolution receiving quotes and awarding a contract for building maintenance at Fire
Stations 1 and 2.
BACKGROUND:
The exterior building mortar and sealants at Fire Stations 1 and 2, which were constructed in 1994
and 2008 respectively, have reached their expected replacement interval, resulting in a loss of
their protective performance. As these materials age, they lose flexibility and begin to separate
from adjacent surfaces. This deterioration has created gaps that allow water intrusion and provide
pathways for insects to enter the building. Left unaddressed, these issues can lead to accelerated
deterioration of the building envelope, interior moisture damage, higher maintenance costs, and
potential impacts on occupant comfort and safety. Replacing the failing mortar and sealants at
this time is necessary to preserve the integrity of the structure, prevent further damage, and
maintain the building’s long-term performance.
Staff solicited the following three quotes to replace the exterior mortar and sealants:
Company Quote
Paragon Restoration II $90,704
Capital Masonry $105,028
Building Restoration Corporation $137,974
Staff recommend Council award a contract to Paragon Restoration II in the total amount of
$90,704 for the mortar and sealant replacement at Fire Stations 1 and 2.
FINANCIAL IMPACT:
The 2026 Facilities Management CIP includes these improvements in 440-42200.00-55520.00.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to adopt a resolution receiving quotes
and awarding a contract for building maintenance at Fire Stations 1 and 2.
2. Motion and second to remove this item from the consent agenda for further discussion.
ATTACHMENTS:
1. Resolution
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
A RESOLUTION RECEIVING QUOTES AND AWARDING A CONTACT FOR BUILDING
MAINTENANCE AT FIRE STATIONS 1 AND 2
Motion By: Second By:
WHEREAS, the exterior mortar and sealants at Fire Stations 1 and 2, which were built in 1994
and 2008 respectively, have reached their expected replacement interval,
resulting in a loss of their protective performance, allowing insects and water a
pathway into the building; and
WHEREAS, repair of the mortar joints and sealant at Fire Stations 1 and 2 will improve the
thermal efficiency, reduce water and pest intrusion, and improve the aesthetics
and integrity of the building; and
WHEREAS, staff solicited the following three quotes to replace the mortar and sealants:
Company Quote
Paragon Restoration II $90,704
Capital Masonry $105,028
Building Restoration Corporation $137,974
and
WHEREAS, staff recommend Council award a contract to Paragon Restoration II in the total
amount of $90,704 for this project; and
WHEREAS,
The 2026 Facilities Management CIP includes these improvements in 440-
42200.00-55520.00.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council hereby authorizes the execution of a contract with Paragon Restoration II in the
amount of $90,704 for the mortar and sealant repairs at Fire Stations 1 and 2.
3. The 2026 Facilities Management CIP includes these improvements in 440-42200.00-55520.00.
Passed and adopted by the Prior Lake City Council on this 28th day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
C:\\Users\\hsimon\\AppData\\Local\\Temp\\Report Attachment - 20260414 Receive Quotes Award Contract for FS1 FS2 Mas_677057\\Report Attachment - 20260414 Receive
Quotes Award Contract for FS1.docx 2
ITEM: 5G
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Josh Eppen, Facilities Manager
PRESENTED BY: Nick Monserud, Public Works Director/City Engineer
AGENDA ITEM: Resolution Receiving Quotes and Awarding a Contract for Building
Maintenance at the Water Treatment Plant and two Well Houses
RECOMMENDED ACTION:
Adopt a resolution receiving quotes and awarding a contract for building maintenance at the Water
Treatment Plant and well houses 3 and 4.
BACKGROUND:
The exterior building mortar and sealants at the water treatment plant and two well houses have
reached their expected replacement interval, resulting in a loss of their protective performance.
As these materials age, they lose flexibility and begin to separate from adjacent surfaces. This
deterioration has created gaps that allow water intrusion and provide pathways for insects to enter
the building. Left unaddressed, these issues can lead to accelerated deterioration of the building
envelope, interior moisture damage, higher maintenance costs, and potential impacts on
occupant comfort and safety. Replacing the failing mortar and sealants at this time is necessary
to preserve the integrity of the structure, prevent further damage, and maintain the building’s long-
term performance.
Staff solicited the following three quotes to replace the exterior mortar and sealants:
Company Quote
Building Restoration Corporation $43,521
Capital Masonry $44,408
Paragon Restoration 2 $46,034
Staff recommend Council award a contract to Building Restoration Corporation in the total
amount of $43,521 for the mortar and sealant replacement at the Water Treatment Plant and
well houses 3 and 4.
FINANCIAL IMPACT:
The 2026 Water Utility CIP includes $131,000 for these improvements in funds 601-49400.00-
55520.00.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to adopt a resolution receiving quotes
and awarding a contract for building maintenance at the Water Treatment Plant and well
houses 3 and 4.
2. Motion and second to remove this item from the consent agenda for further discussion.
ATTACHMENTS:
1. Resolution
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
A RESOLUTION RECEIVING QUOTES AND AWARDING A CONTACT FOR BUILDING
MAINTENANCE AT THE WATER TREATMENT PLANT AND TWO WELL HOUSES
Motion By: Second By:
WHEREAS, the exterior mortar and sealants at the Water Treatment Plant and well houses 3
and 4 have reached their expected replacement interval, resulting in a loss of their
protective performance, allowing insects and water a pathway into the building;
and
WHEREAS, repair of the mortar joints and sealant at these buildings will improve the thermal
efficiency, reduce water and pest intrusion, and improve the aesthetics and
integrity of the building; and
WHEREAS, staff solicited the following three quotes to replace the mortar and sealants:
Company Quote
Building Restoration Corporation $43,521
Capital Masonry $44,408
Paragon Restoration 2 $46,034
and
WHEREAS, staff recommend Council award a contract to Building Restoration Corporation in
the total amount of $43,521 for this project; and
WHEREAS,
The 2026 Water Utility CIP includes $131,000 for these improvements in fund
601-49400.00-55520.00.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council hereby authorizes the execution of a contract with Building Restoration
Corporation in the amount of $43,521 for the mortar and sealant repairs at the water treatment
plant and well houses 3 and 4.
3. Funding for this project shall come from the 2026 Water Utility CIP fund 601-49400.00-55520.00.
th
Passed and adopted by the Prior Lake City Council on this 28 day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
C:\\Users\\hsimon\\AppData\\Local\\Temp\\Report Attachment - 20260414 Receive Quotes Award Contract for WTP and Wel_677060\\Report Attachment - 20260414 Receive
Quotes Award Contract for WTP.docx 2
ITEM: 5H
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Heidi Simon, City Clerk
PRESENTED BY: Heidi Simon
AGENDA ITEM: Resolution Approving a Temporary Liquor License for the Laker
Education Foundation
RECOMMENDED ACTION:
Adopt a resolution approving a temporary liquor license for the Laker Educational Foundation on
May 16, 2026.
BACKGROUND:
Non-profit organizations are permitted by state statute to apply for temporary liquor licenses for
events, typically fundraisers, in order to sell liquor without applying for a full-year liquor license.
The Laker Educational Foundation is hosting a food truck festival on Main Ave N, in which they
plan to sell beer, wine and cocktails. In order to serve alcohol at their event, a temporary on-sale
intoxicating liquor license is required.
The Police Department has reviewed the temporary liquor license application to ensure that all
requirements and issues concerning liquor compliance and public safety have been met
FINANCIAL IMPACT:
Laker Educational Foundation has paid the $75.00 temporary on-sale intoxicating liquor license
fee.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve a temporary liquor license
for the Laker Education Foundation on May 16, 2026.
2. Motion and second to remove this item from the consent agenda for additional
discussion.
ATTACHMENTS:
1. 26- Approving a Temporary Liquor License for the Lake Education Foundation
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
RESOLUTION APPROVING A TEMPORARY INTOXICATING LIQUOR
LICENSE FOR LAKER EDUCATION FOUNDATION ON MAY 16, 2026
Motion By: Second By:
WHEREAS, the Laker Educational Foundation is planning a food truck festival on Main Ave N; and
WHEREAS, State Statute allows non-profit organizations to apply for temporary on-sale intoxicating liquor
licenses to raise funds for their organizations; and
WHEREAS, Laker Educational Foundation is planning to sell beer, wine, and cocktails at this event; and
WHEREAS, the Prior Lake Police Department has completed background checks to ensure all temporary
liquor license requirements have been met.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. A temporary on-sale liquor license is granted to Laker Educational Foundation on Main Ave N.
3. This license shall be valid on May 16, 2026.
4. All liquor servers shall receive training prior to the event.
5. The Laker Educational Foundation shall provide proof of liquor liability insurance as prescribed by M.S.
Section 340A.409 to cover this event.
th
PASSED AND ADOPTED THIS 28 of APRIL 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐
☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
ITEM: 5I
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Heidi Simon, City Clerk
PRESENTED BY: Heidi Simon
AGENDA ITEM: Resolution Approving a Temporary Liquor License for the Prior
Lake Rotary Club Lakefront Music Fest
RECOMMENDED ACTION:
Approve a Temporary Liquor License for the Prior Lake Rotary Club for the 2025 Lakefront Music
Fest on July 10th and 11th, 2026.
BACKGROUND:
Non-profit organizations are permitted by state statute to apply for temporary liquor licenses for
events, usually fundraisers, to sell liquor without applying for a full-year liquor license. The Prior
Lake Rotary Club, a 501c3 non-profit, was founded in 1978 and has a history of providing
monetary and service support to the community. The Rotary Club is able to support community
service activities because of its fundraising activities.
The Prior Lake Rotary Club's seventh music festival is planned for Friday, July 10, 2026, and
Saturday, July 11, 2026, at Lakefront Park. The event, known as the Prior Lake Rotary Lakefront
Music Festival, offers two days of concerts to the public. The Rotary Club raises funds to support
the event through sponsorships. The Rotary Club intends to raise additional money to support its
community service efforts by selling food and beverages, including beer, wine, pre-mixed
cocktails and seltzers, to concert goers throughout the event. A temporary on-sale intoxicating
liquor license is required to do this.
Consistent with the previous year, the City has included the following conditions for approval of
the license:
1. Alcohol service must cease 60 minutes prior to the end of the last performance.
2. Alcohol ticket sales must cease 30 minutes prior to the alcohol service cut off time.
3. Attendees may obtain two (2) drinks at a time.
The Police Department has reviewed the temporary liquor license application to ensure all
requirements and issues concerning liquor compliance and public safety have been met.
FINANCIAL IMPACT:
The Prior Lake Rotary Club has paid the $75.00 temporary on-sale intoxicating liquor license
fee.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5I
Page | 2
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve a temporary liquor license
for the Prior Lake Rotary Club for July 10 and 11, 2026.
2. Motion and second to remove this item from the consent agenda for additional
discussion.
ATTACHMENTS:
1. 26- Resolution Approving a Temporary Liquor License- Prior Lake Rotary Lakefront
Music Fest
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
A RESOLUTION APPROVING A TEMPORARY ON-SALE INTOXICATING LIQUOR
LICENSE FOR PRIOR LAKE ROTARY
Motion By: Second By:
WHEREAS, the Prior Lake Rotary is planning Lakefront Music Fest at Lakefront Park on Friday July
thth
10, 2026 and Saturday July 11, 2026; and
WHEREAS, State statute allows non-profit organizations to apply for a temporary on-sale intoxicating
liquor license as means to raise funds for their organizations; and
WHEREAS, the Prior Lake Rotary is planning to sell beer, wine, pre-mixed cocktails and seltzers as
part of the Lakefront Music Fest; and
WHEREAS, the Prior Lake Police Department has completed background checks to ensure all
temporary liquor license requirements have been met.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. This license shall be valid on July 10 and July 11, 2026.
3. Service and consumption of alcohol is limited to a fenced in area.
4. All alcohol servers shall receive training prior to the event.
5. All alcohol service must cease 60 minutes prior to the end of the last act.
6. All alcohol ticket sales must cease 30 minutes prior to alcohol service cut off.
7. Attendees may obtain 2 alcoholic drinks at a time.
8. The Prior Lake Rotary shall provide proof of liquor liability insurance as prescribed by M.S. Section
340A.409 to cover this event.
th
PASSED AND ADOPTED THIS 28 day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
_________________________________________________
Jason Wedel, City Manager
ITEM: 5J
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Christine Watson, Public Works Supervisor – Administration
PRESENTED BY: Nick Monserud, Public Works Director/City Engineer
AGENDA ITEM: Resolution Approving a Work Order for Engineering Services for
the Police Station Parking Lot Improvements (2022-15)
RECOMMENDED ACTION:
Adopt a resolution approving a work order for engineering services for the Police Station parking
lot improvements (2022-15).
BACKGROUND:
The 2030 Facilities CIP (F440) includes $300,000 for secured parking at the Police Station. This
project was initially planned for 2025 but has been pushed back to 2030 to be completed after
other proposed building improvements are completed in 2028 and 2029. Staff requested a
proposal from WSB LLC, a member of the city’s consultant pool, to provide the following
engineering services for this project:
• Concept planning and cost estimating for secured parking on the south and east sides of
the Police Station
• Landscape screening options
• Visualizations of proposed improvements
• Project management and in-person meetings
Staff have reviewed the proposal and recommend approving a work order with WSB in the amount
of $32,319 to begin concept planning for the Police Station parking lot improvements that are
proposed for 2030.
FINANCIAL IMPACT:
The 2030 CIP includes $300,000 for the construction phase of this project. The $32,319 cost for
this work order will be paid in 2026 with the money that was unspent in 2025 and carried forward
into 2026.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to adopt a resolution approving a work
order for engineering services for the Police Station parking lot improvements (2022-15).
2. Motion and second to remove this item from the consent agenda for further discussion.
ATTACHMENTS:
1. Resolution
2. Work Order
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-xxx
RESOLUTION APPROVING A WORK ORDER FOR ENGINEERING SERVICES FOR THE
POLICE STATION PARKING LOT IMPROVEMENTS (2022-15)
Motion By: Second By:
WHEREAS, the parking lots on the south and east side of the Police Station are in need of
pavement rehabilitation and enhanced security; and
WHEREAS, this project was initially included in the 2025 CIP but has been pushed back to
2030 to be completed after other proposed building improvements are
completed in 2028 and 2029; and
WHEREAS, WSB LLC, a member of the City’s consultant pool, has submitted a proposal in
the amount of $32,319 to provide the following engineering services:
Concept planning and cost estimating for secured parking on the south
and east sides of the Police Station
Landscape screening options
Visualizations of proposed improvements
Project management and in-person meetings
and
WHEREAS, staff have reviewed the proposal and recommend approving this work order.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council approves a work order with with WSB LLC for the Police Station
parking lot improvements (2022-15).
3. The cost of this work order shall be paid with unspent money that was carried forward
from the 2025 CIP.
th
Passed and adopted by the Prior Lake City Council this 28 day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
Page 1 of 2
Public Works Consultant Pool Work Order
Police Station Secured Parking (2022-15)
WSB & ASSOCIATES, INCORPORATED, dba WSB LLC
This work order (“Work Order”) is issued on this 28th day of April, 2026 by the City of Prior Lake
(“City”) pursuant to the Public Works Consultant Pool – Master Agreement dated April 20, 2020
and as amended February 24, 2025 (“Contract”) between the City and WSB & Associates,
Incorporated, dba WSB LLC (“Consultant”).
Based on the mutual promises and covenants set forth herein, the sufficiency of which are
hereby acknowledged, the City and Consultant agree as follows:
1.Scope of Work Order. Consultant agrees to provide, perform and complete all the services
requested by the City in this Work Order and attached Exhibit 1 (“Work”), which Work shall
be subject to the terms and conditions of this Work Order and the Contract.
2.Term of Work Order. All Work requested by this Work Order shall be completed by
December 31, 2026.
3.Compensation for Work Order. City agrees to pay the Consultant an amount not to
exceed $32,319 as full and complete payment for the Work requested by this Work Order.
4.Consultant Representative. Consultant has designated Monica Heil to manage the Work
Order subject to the supervision of Consultant’s representative.
ISSUED BY CITY OF PRIOR LAKE
___________________________________
Mayor
___________________________________
City Manager
RECEIVED AND ACCEPTED BY WSB
LLC
_____________________________________
Signature
____________________________________
Title
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Exhibit 1 – Scope of Work Order
G:\.Clients All\Prior Lake\Proposals\2026 Downtown Secured Parking Lot Options Update\WSB 2026 Downtown Secured Parking Concept Updates Proposal.docx
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February 17, 2026
Mr. Nick Monserud, PE
Director of Public Works/City Engineer
City of Prior Lake
17073 Adelmann St. SE
Prior Lake, MN 55372
Re: Supplemental Agreement to Provide Professional Engineering Services
Downtown Secured Parking Lot Improvements Concept Updates
Dear Mr. Monserud:
WSB is pleased to provide you with our proposal for professional services for the preparation of
updated concept plans and cost estimating services for the City’s Downtown Secured Parking Lot
Improvements Concept Planning Project.
Scope of Services
WSB’s scope of services will include concept planning for secured police officer parking stalls
adjacent to the existing Police Department building. The general area to be evaluated with concept
planning is shown below:
Downtown Parking Lot Area
EXHIBIT 1
Mr. Nick Monserud
February 17, 2026
Page 2
G:\.Clients All\Prior Lake\Proposals\2026 Downtown Secured Parking Lot Options Update\WSB 2026 Downtown Secured Parking Concept Updates Proposal.docx
The following list of tasks is proposed to summarize our understanding of the work after
conversations with you and Police Department staff :
Task 1: Concept Planning and Cost Estimating for Enclosed Parking to the South
Using aerial photographs and LIDAR data, WSB will prepare up to two conceptual layout plans
showing parking lot concepts that:
• Provides an option to extend fencing from the building corners to the existing parking stalls
on the south side of the Police Department building that encloses those existing parking
stalls and the entrance to the Sally Port and provides two gate locations on the south side
of the building.
• Provides option to extend fencing from the building corners to the south side of the Police
Department building and expands the parking area on the south side of the building to
provide additional secured parking for Police Department staff and a secure en trance to
the Sally Port with two gate locations.
o Construction of such an enclosed area is anticipated to require:
▪ Relocation of the existing sidewalk that runs east-west south of the PD
facility if the sidewalk along CSAH 21 is not deemed acceptable as an
alternate route to connect Arcadia to the downtown parking areas.
▪ Relocation of the landscaping, including personalized paver blocks and
the flag poles south of the PD building.
▪ Review of the existing water quality facility in the NE corner of CASH
21/Acadia Avenue and additional water quality needs for any new
impervious surface areas created with the parking lot project.
▪ Coordination of the existing screened trash enclosure with the proposed
fence.
Task 2: Concept Planning and Cost Estimating for Enclosed Parking to the East
WSB will also evaluate and provide a cost estimate to enclose the existing downtown parking area
east of the Police Department Building. Fence installations adjacent to existing sidewalks will be
reviewed for ADA compliance and maintenance activities. It is assumed that only one gate for
ingress/egress will be considered at the existing entrance to this parking area.
Task 3: Landscape Screening Options
Landscaping improvements will also be evaluated in conjunction with the fencing installation to
mitigate aesthetic concerns surrounding the fence. A plan view planting figure showing the planting
style concept, typical elevations and cost estimates will be included with this task.
Task 4: Visualizations/Elevations of Concept Improvements
WSB will provide visualizations of the proposed fence and landscape improvements using photo
imagery of the existing Police Department building. The visualizations will depict the size and scale
of the proposed fence and landscaping improvements relative to the do wntown buildings and
parking lots as seen from Dakota Street and CSAH 21.
Task 5: Project Management
WSB will provide project management services throughout the duration of the project. This
includes an estimated three (3) in-person meetings with Public Works and Police Department Staff
to review concepts and final deliverables.
Mr. Nick Monserud
February 17, 2026
Page 3
G:\.Clients All\Prior Lake\Proposals\2026 Downtown Secured Parking Lot Options Update\WSB 2026 Downtown Secured Parking Concept Updates Proposal.docx
Assumptions
Based on our understanding of the project and discussions with you, our scope and fee estimate
assumes:
• Coordination with and recommendations from the City’s Public Department regarding
fence and gate type for elevation renderings and cost estimating purposes.
• City staff will provide guidance on necessity of the existing water quality feature located in
the NE corner of the intersection of CSAH 21 and Arcadia Avenue.
• City staff will provide guidance on the availability of water quality credits to offset any new
water quality needs created with the project.
• No geotechnical evaluation will be completed as a part of this project. Earthwork and
quantity estimations for parking lot expansion activities will assume common fill placement
for expansion of the parking lot area.
• No topographic survey work will be completed as a part of this project. It is recommended
a complete topographic survey be collected before proceeding with final design.
• Public engagement regarding parking lot changes has not been included in our estimate.
WSB can provide a separate proposal for meetings with downtown business owners it that
service is desired as a part of this project.
Schedule/Work Plan
March, 2026: WSB proposes to begin work with a kick-off meeting with City Staff to review the two
parking lot expansion scenarios, fence types and gate options. WSB will then develop a concept
plan view renderings of each option and details for fence, gate and landscape options.
Late April/Early May 2026: WSB proposes to again meet with City Staff to review the concept
plan views and details to obtain any comments prior to completing cost estimates for each concept
along with elevation renderings of the fence and landscaping improvements from Dakota Street
and CSAH 21.
May/June 2026: Final WSB/City Staff meeting to view final concept plans, elevation renderings
and cost estimates ahead of City Staff presentation to Council for future budget considerations.
Compensation Summary
Our fees for the scope of services is proposed on an hourly basis, estimated as summarized below.
The fee estimate is provided in a detailed format on the enclosed Estimated Project Fees
Worksheet.
▪ Task 1: Concept & Estimating for Enclosed Parking to South $ 11,764.00
▪ Task 2: Concept & Estimating for Enclosed Parking to East $ 8,110.00
▪ Task 3: Landscape Screening Options $ 3,340.00
▪ Task 4: Visualizations/Elevations of Concept Improvements $ 5,031.00
▪ Task 5: Project Management $ 4,074.00
TOTAL $ 32,319.00
Mr. Nick Monserud
February 17, 2026
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G:\.Clients All\Prior Lake\Proposals\2026 Downtown Secured Parking Lot Options Update\WSB 2026 Downtown Secured Parking Concept Updates Proposal.docx
The proposed scope and fee presented herein represents our complete understanding of the
project based on site visits and discussions with City staff. All work will be completed in accordance
with our Professional Services Agreement with the City date April 20, 2020. If you have any
questions or concerns, please feel free to contact me at (952) 843-8323. Once again, we
appreciate the opportunity to submit this proposal and look forward to working with you and your
staff.
Sincerely,
WSB
Monica Heil, P.E.
Senior Vice President, Municipal
Attachment
Task Description
1
1.1 Concept Layout 4 8 24 36 $6,812.00
1.2 Cost Estimating 2 4 8 14 $2,786.00
1.3 Preferred Concept Rendering 2 4 4 10 $2,166.00
Task 1 Total Estimated Hours and Fee 8 16 36 60 $11,764.00
2
2.1 Concept Layout 4 4 8 16 $3,368.00
2.2 Cost Estimating 2 2 6 10 $1,994.00
2.3 Preferred Concept Rendering 4 4 4 12 $2,748.00
Task 2 Total Estimated Hours and Fee 10 10 18 38 $8,110.00
3
3.1 4 4 8 $1,140.00
3.2 Details 1 1 $172.00
3.2 Cost Estimating 2 2 4 2 10 $2,028.00
Task 3 Total Estimated Hours and Fee 2 2 4 7 4 19 $3,340.00
4
4.1 1 2 10 13 $1,903.00
4.2 CSAH 21 Concept 1 2 10 13 $1,903.00
4.3 Final Renderings 1 2 4 7 $1,225.00
Task 4 Total Estimated Hours and Fee 3 6 24 33 $5,031.00
5
5.1 8 8 $2,328.00
5.2 Kick Off Meeting with City Staff 2 2 $582.00
5.3 Concept Plan Review and Cost Estimate Meeting 2 2 $582.00
5.4 Final Rendering and Deliverable Meeting 2 2 $582.00
Task 5 Total Estimated Hours and Fee 14 14 $4,074.00
Total Estimated Hours 37 34 58 7 28 164 $32,319.00
Average Hourly Billing Rate 291.00 241.00 155.00 172.00 113.00
TOTAL PROJECT COST $32,319.00
Concept Planning and Cost Estimating for Enclosed Parking to the East
Project
Manager/Lead
Designer
Landscape
Designer
Tyler Powers
Graduate Engineer
Erik DeSmith
Landscape
Architect
Laura Detzler
Estimate of Cost
City of Prior Lake, Minnesota
Professional Engineering Services
Downtown Secured Parking Lot Improvements Concept Planning
CostTotal Hours
Senior Project
Manager
Emily Brown
Concept Planning and Cost Estimating for Enclosed Parking to the South
Plan Layout
Monica Heil
Landscape Screening Options
Visualizations/Elevations of Concept Improvements
Dakota Street Concept
Project Management
Project Management
ITEM: 5K
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Dale Stefanisko, Code Enforcement Officer
PRESENTED BY: Dale Stefanisko
AGENDA ITEM: Accept the 2025 Year-End Code Enforcement Report
RECOMMENDED ACTION:
Motion and second accepting the 2025 year-end Code Enforcement Report.
BACKGROUND:
In July of 2007, the City of Prior Lake hired its first full-time Code Enforcement Officer. The primary
goal of the code enforcement program is to enhance the health, safety, and aesthetics of the city
through voluntary compliance. We continue to maximize the attractiveness of residential and
commercial properties by effectively enforcing the standards and requirements of the City Code,
which have been achieved by both a proactive and complaint driven code enforcement approach.
Code enforcement efforts have and continue to lead to meliorative actions in the community.
A resident can contact the Code Enforcement Officer with questions or concerns, and a site visit
will be made. If a violation is confirmed at the time of inspection, the responsible party will be
notified. The property owner and/or tenant will be provided with a notice of the violation/s and
given a deadline to make the needed corrective actions. When voluntary compliance is not
achieved within a reasonable amount of time, it may become necessary to issue a misdemeanor
citation to the responsible party. A citation requires the responsible party to appear at Scott County
District Court. This typically results in a fine and confirmation that the violation has been corrected.
If compliance still is not achieved, it may become necessary to proceed in civil court to obtain
compliance.
City Code compliance can also be achieved through educating and informing the public of the city
ordinances. Examples of public outreach include the creation of handouts and flyers for specific
codes. The City monument signs are also used to display various types of seasonal code
enforcement information. The City’s website lists several types of common code violations, links
to the Code Enforcement Policy and the Good Neighbor Guide to Code Compliance.
Voluntary compliance is the desired goal of the Code Enforcement Program and is achieved in
the vast majority of code enforcement cases.
All Code Enforcement related activities are tracked in the BS&A software program. The Code
Enforcement Officer documents the findings of the initial inspection and any subsequent
inspections until the case is closed. This documentation includes inspection findings, photos,
notices, correspondence, and any other updates or developments pertaining to a case. All the
case information is contained in one database and is easily searchable. The BS&A software
platform not only allows for administration of the Code Enforcement Program, but allows for better
case management, improved and additional reporting and automatic letter generation.
Current Circumstances
This report consists of a year-end summary of the total number of cases closed in 2025; new
cases opened in 2025; total of all violations on closed cases; source of the complaints; the
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5K
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processes used to resolve the violations; the average time frame required to resolve a complaint;
the total amount of inspections; the voluntary compliance percentage; repeat violator properties
for this reporting period; the case amounts of rental properties; amount of extensions granted; a
breakdown of the twelve most common violation categories; any City fees collected as a result of
code enforcement actions; and comparisons of prior year’s code violations.
This report is furnished to provide the Council with insight that may be useful in evaluating current
resident concerns and future regulatory decisions. It has been observed that most City residents
have pride in their neighborhoods and the community. Residents feel an obligation to maintain a
neat appearance on their properties and expect neighboring properties and properties throughout
Prior Lake to do the same.
The City of Prior Lake has documented five hundred and fifty-one (551) new code enforcement
cases opened in 2025. There were five hundred forty-eight (548) cases that closed in 2025. The
information on violation totals is based on cases closed in the year 2025.
Some cases have more than one violation documented. There were 1,122 violations addressed
in 2025 for a decrease of 12.2% when compared to the 1,278 violations addressed in 2024.
Violations were as follows:
Public Nuisance 202
Tall Grass 168
Property Maintenance 157
Junk Vehicles 142
Permit Violation 129
Vehicles Parked in the Yard 91
Junk Storage 82
Right of Way 41
Garbage & Refuse 39
Signage 32
Zoning Use 23
Animal Control 16
The attached Exhibit A displays the type of violations for the closed cases for the current reporting
period.
The attached Exhibit B displays a year-to-year comparison of complaints from the past three
years.
The attached Exhibit C displays the code enforcement violations and total closed cases,
compared over the last ten years.
The attached Exhibit D displays the process used and time frame needed to resolve the violations
for this reporting period. The exhibit displays the number of cases where no action was required.
The attached Exhibit E displays the source of the complaints for this reporting period.
Additional items documented during this reporting period on closed cases:
Total Inspections (1,500)
Total Violations (1,122)
Extensions of Time Granted (74)
Item 5K
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Repeat Violator Properties (39)
Tenant Occupied Properties with Violations (53)
Short Term Rental Cases (8)
Short Term Rental Renewal Permits Issued (8)
Illegal Snipe Signs Removed (1,137)
Building, Grading and Driveway Permit Cases (47)
Fees as a Result of Code Enforcement Actions (over $11,770)
Online Complaints (100)
Cases are opened on properties where building, excavating, grading or driveway activities are
occurring without a permit. Code enforcement continues to provide information to the public that
permits are required when undergoing certain building activities, grading, or excavating projects,
renting short term and driveway improvements. Enforcement actions on these types of violations
are time consuming. To offset the additional costs, in accordance with the City Fee Schedule and
city code, property owners or contractors that fail to obtain a permit prior to starting work are
charged double the original fee. The vast majority of these cases are a result of pro-active code
enforcement. In addition, Code Enforcement also has oversite on the Short-Term Rental permits
and the Short-Term Rental Ordinance.
Code enforcement is proactive on work done without a permit. This includes building work,
driveway work, and grading work. This enforcement has resulted in an increase in residents
obtaining driveway and grading permits without the need for code enforcement.
This reporting period over 175 driveway permits were obtained voluntarily and another 26 were
obtained because of proactive code enforcement. Prior years the average total of 20-30 driveway
permits were obtained voluntarily. There was no proactive enforcement on this violation type so
there were no other permits obtained for driveway work. Doing driveway work prior to obtaining a
required approved driveway permit often leads to problems such as driveways too close to
property lines, drainage issue, covering up water shut off access valves with concrete / asphalt,
going over the allowed imperious surface calculation for the property, etc.
Voluntary obtaining of grading permits has also increased. Prior years grading permits were only
voluntarily obtained on average 50% of the time. The last two years 75% of the time grading
permits were voluntarily obtained. This increase can be attributed to pro-active code enforcement
on these violation types. Driveway and grading / landscaping contractors are now aware obtain
the required permit, or risk paying a double fee when work is done without a permit.
This reporting period sign placement violations became a time-consuming issue. Besides the vast
increase in snipe signs placed in the right of ways which had over a 100% increase from last year;
(2024 there were 535 illegal snipe signs removed and this year 1137 signs that were removed by
code enforcement). There were other signs allowed by city code that became a time-consuming
issue. The distance the signs could be placed next to a neighboring property was the reported
code concern. City code was updated to address this obscure never reported issue.
For the 3rd year code enforcement helped align a local volunteer group of teens with senior
residents in need of some property cleanup, property maintenance, or yard maintenance at their
properties. Residents are very appreciative of this help. The local voluntary group of teens will be
available again this year. Code enforcement will again seek to assist and identify more senior
property owners that need some help with maintaining their property.
Conclusion
Work continues to identify opportunities to refine our Code Enforcement Program to be sure we
are responsive and accountable to our residents and business owners in providing good code
Item 5K
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enforcement services. Increasing public awareness and public education outreach on the city
codes are priorities.
Voluntary compliance was achieved in over 99% of the cases in this reporting period. Once a
person with a code violation/s were made aware of code violation/s, they resolved them in a timely
manner. In fact, 74% of reported code violations were resolved within 14 days of the initial
inspection or when the person with the violation was first notified of the violation. On average,
over 86% of all cases were resolved within 30 days of the initial inspection.
In 2026, code enforcement will continue to monitor the city ordinances and continue to
recommend changes, as necessary. Any ordinance changes that significantly affect the residents
will be promoted through updates on the code enforcement webpage, use of the digital monument
signs or creation of brochures advising specific significant code changes. Code enforcement
expects to spend a great deal of time updating BS&A, code enforcement handouts, and the city
web page due to the city code conversion to Muni-Code and the new code numbering system
changes.
Five hundred forty-eight (548), cases have been closed by either meeting compliance or were
deemed invalid. Some cases opened in the calendar year 2025 remain open. It is not uncommon
for some cases to remain open due to pending investigations, court proceedings, and/or
continued improvements to a challenging property. The use of issuing citations is a valuable code
enforcement tool and is used on a limited basis. The high percentage of voluntary compliance
results in few citations being issued. When a citation is issued, the court hearing proceedings can
last for an extended period. This can result in long-term non-compliance.
Challenging properties can be defined as properties that require a certified mailing of a final notice,
the city taking action to abate a violation, or a citation being issued to help resolve code violations
at the property. These types of cases amounted to less than 15% of all the cases but it is estimated
they required more than 35-40% of code enforcement time and resources to resolve. Other added
costs to challenging properties include the certified mailings expenses, office resources, abating
a violation or use of the court system. Code enforcement will continue to work on reducing the
amount of time to resolve all violations, especially challenging properties.
FINANCIAL IMPACT:
Proactive code enforcement has resulted in the collection of over $ 11,770.00 in fees for work
being done without first obtaining a permit. As the population increases, code enforcement cases
would be expected to rise. At some point in the future, it may be necessary to hire seasonal, part-
time, or full-time personnel to assist in administering the caseload.
ALTERNATIVES:
1. Motion and second, as part of the consent agenda, to accept the 2025 Code Enforcement
Year-End Report.
2. Remove this item from the consent agenda for additional discussion.
ATTACHMENTS:
1. Exhibits A-E
EXHIBIT A
202
168 157 142 129
91 82
41 39 32 23
16
18%
15%14%
13%
12%
8%7%
4%3%2%2%
1%
PUBLIC
NUISANCE
TALL GRASS PROPERTY
MAINT
JUNK
VEHICLES
PERMIT
VIOLATIONS
YARD
PARKING
JUNK RIGHT OF
WAY
GARBAGE
REFUSE
SIGNAGE ZONING
USE
ANIMAL
Percent of Total Violations & Number in Each Category 2025
# of Violations % of Violations
EXHIBIT B
0
50
100
150
200
250
48
222
47
166
24
71 71
7
97
58
164
163
93
129
28
225
34
115
28
3
202
23
242
156
82
129
39
168
32
91
41
16
142
23
202
157
#
o
f
V
i
o
l
a
t
i
o
n
s
Violations Categories
Violation Comparison 2023-2025
2023-1042 2024-1138 2025-1122Yearly Totals
EXHIBIT C
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
VIOLATIONS 919 832 823 1075 1128 816 959 1042 1138 1122
CLOSED CASES 633 600 762 710 551 673 761 635 554 548
919
832 823
1075
1128
816
959
1042
1138 1122
633
600
762
710
551
673
761
635
554 548
0
200
400
600
800
1000
1200
10 YEAR TOTAL VIOLATIONS AND CLOSED CASES TOTALS
EXHIBIT D
101 306 63
69
9
18%
56%
12%
13%
1%
0
50
100
150
200
250
300
350
5 DAYS OR LESS
No Violation
No Action Required
101 cases 18%
14 DAYS
One Notice
306 cases
56%
28 DAYS
Two Notices
63 cases
12%
60 DAYS
Third/Final Notice
69 cases
13%
Citation/Abatement
Closed Cases
9 cases
> 1%
Pe
r
c
e
n
t
a
g
e
Type of Notice & Length of Process to Resolve Violation(s)
PROCESS FOR CLOSED 2025 CASES
QUANTITY PERCENTAGE
EXHIBIT E
Anonymous/Combo Citizens Pro-Active Code Officer Internal Staff
# of Complaints 35 206 227 80
% of Complaints 6%38%41%15%
6%
38%
41%
15%
SOURCE OF 2025 CLOSED CASES
ITEM: 5L
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Paul Moretto, Planner
PRESENTED BY: Casey McCabe, Community Development Director
AGENDA ITEM: Ordinance Amending Prior Lake City Code Section 10-268 (Motor Vehicle
Sales) and Section 10-185 (Land Use Table) Related to a New Land Use of
Motor Vehicle Sales, No Inventory
RECOMMENDED ACTION:
Motion and a second to approve the ordinance amending Section 10-268 and Section 10-185 of
Prior Lake City Code.
BACKGROUND:
City staff is proposing an ordinance amendment to Section 10-268 of the Zoning Code to clarify
and expand regulations related to motor vehicle sales. The amendment would establish a new
land use category of “Motor vehicle sales, no-inventory” and define where and under what
conditions this use may occur. This would require adding this new use to Section 10-185 Land
Use Table as a use permitted with conditions in the TC, C-1, C-2, C-3, and I-1 districts.
The proposed amendment is City initiated and was developed in response to recent inquiries and
conditional use permit (CUP) requests for motor vehicle sales businesses that do not maintain
vehicle inventory on the premises.
Over the last five years, the City has been approached by several motor vehicle sales businesses
that do not keep inventory on premises and wish to locate an office in Prior Lake. In Minnesota,
motor vehicle sales dealerships are required to be located in a permanent, enclosed commercial
building, owned or leased for at least one year, and comply with local zoning regulations.
As part of the state licensing process, auto sales dealers must verify that auto sales are a
permissible use for the location of their business. A form must be completed by the dealer as
certified by the city. Because motor vehicle sales are currently classified as a conditional use in
Prior Lake, the proposed business must engage with the CUP process whether they plan to have
vehicles stored on the site and operate as a traditional vehicle dealership or operate without
inventory on site.
Under the current ordinance, motor vehicle sales are regulated as a conditional use primarily
intended for traditional dealership operations involving outdoor display and storage of vehicles.
However, recent applications have involved business models that operate from an office setting
without vehicle inventory on the premises.
Because the existing ordinance does not clearly address this type of operation, the amendment
is intended to provide clarity, establish appropriate standards, and ensure consistent application
of zoning regulations.
The proposed ordinance amendment does not modify the standards for traditional motor vehicle
sales uses.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5L
Page | 2
On April 6th of 2026, the Prior Lake Planning Commission reviewed the draft ordinance and held
a public hearing for the proposed changes. After the hearing, the Planning Commission voted
unanimously to recommend approval to the City Council.
Proposed Amendment
Staff recommends the following amendment items:
Create a new defined land use category titled “motor vehicle sales, no-inventory.”
Establish operational standards ensuring the use functions as an office-based use with all
activity conducted within a building.
Add Motor vehicle sales, no-inventory as a use permitted with conditions (PWC) in Section
10-185, Land Use Table in the TC, C-1, C-2, C-3, and I-1 districts.
Key conditions include:
No outdoor display, storage, or parking of vehicles for sale.
No overnight vehicle inventory on the premises.
All business operations conducted within an enclosed building.
No vehicle repair, servicing, or detailing on-site.
Compliance with off-street parking and operational standards.
Maximum 24 hours and one vehicle for pick-up and/or delivery.
These standards distinguish traditional dealerships from office-based vehicle sales operations
while maintaining compatibility with surrounding uses.
Conclusion
The proposed amendment is intended to:
Provide clarity in zoning administration
Address evolving business models
Ensure appropriate land use compatibility
Maintain regulatory consistency
Generally, office-based vehicle sales operations have fewer impacts than traditional dealerships
because they do not involve outdoor inventory, lighting, noise, or large-scale vehicle traffic. The
proposed standards are designed to ensure these operations remain low-intensity and consistent
with other commercial uses.
FINANCIAL IMPACT:
No financial impact is anticipated as a result of this action.
ALTERNATIVES:
1. Motion and a second, as part of the consent agenda, approving the proposed
amendments to Section 10-268 and Section 10-185 of the Prior Lake City Code.
2. Remove this item from the consent agenda for additional discussion.
ATTACHMENTS:
1. Proposed Ordinance
4646 Dakota Street SE
Prior Lake, MN 55372
CITY OF PRIOR LAKE
ORDINANCE NO. 126-___
AN ORDINANCE AMENDING PRIOR LAKE CITY CODE
SECTION 10-268 MOTOR VEHICLE SALES AND SECTION 10-185, LAND USE TABLE
The City Council of the City of Prior Lake, Minnesota, ordains:
City Code Chapter 10 – Zoning, City Code Article III. – USE DISTRICTS, Division 4. LAND USE
DEFINITIONS AND CONDITIONS, Section 10-268 Motor vehicle sales is hereby amended by
inserting the following (additions are underlined):
Sec. 10-268. Motor vehicle sales.
(a) Definition. The term "Motor vehicle sales" means display, sale and rental of motor vehicles,
watercraft, and recreational vehicles; motor vehicle service and repair often occur in conjunction
with this use. Characteristics may include outdoor activity, outdoor sound systems, truck
deliveries, night and weekend operating hours, and test driving on nearby streets.
(b) Zoning districts and conditions. Motor vehicle sales are a conditional use in C-2 and I-1 with the
following conditions:
1) All vehicles stored on the premises shall be insured and operable.
2) All outdoor lots for sales or rental shall be operated in conjunction with a building
containing the same or similar materials as displayed on the outdoor lot.
3) The building and the lot for sales or rentals shall be on one contiguous property.
4) All vehicles shall be located on hard surfaces at all times. The hard surfaces shall meet all
of the landscaping and design requirements of this chapter for off-street parking.
5) No outdoor public address system shall be audible from any parcel located in a residential
zoning district.
6) All customer and employee parking shall be clearly designated and signed.
7) No motor vehicle transport loading or unloading shall be permitted on any minor residential
street.
8) No display or storage of motor vehicles shall be permitted on any public right-of-way.
9) All parking, sales, rental, and storage lots shall be located a minimum of 100 feet from any
property line in a residential zoning district.
10) Test driving shall be in accordance with all applicable federal, state and local laws and
regulations.
Sec. 10-268.1 Motor vehicle sales, no-inventory
(a) Definition. The term “Motor vehicle sales, no inventory” means the sale of motor vehicles,
watercraft, and recreational vehicles conducted from an enclosed building or office without the
outdoor display, storage, parking, or staging of vehicles for sale on the premises.
(b) Zoning districts and conditions. Motor vehicle sales, no inventory are a use permitted with
conditions in the TC, C-1, C-2, C-3 and I-1 zoning districts, subject to the following conditions:
1) No outdoor display, storage, or parking of motor vehicles for sale shall be permitted on the
premises.
2) No more than one (1) vehicle associated with the business may be present on the site at
any time for customer delivery or pickup, and such vehicle shall not be stored on-site for a
period exceeding twenty-four (24) hours.
3) All business operations shall be conducted entirely within an enclosed building, except for
lawful customer pickup or delivery.
4) No vehicle repair, service, detailing, washing, or mechanical work shall occur on the
premises unless otherwise permitted by the zoning district.
5) No outdoor public address system shall be used.
6) All customer and employee parking shall comply with off-street parking requirements of
this chapter and shall not be used for vehicle inventory.
7) Vehicle transport loading and unloading shall occur only on streets permitted for
commercial traffic and shall not occur on minor residential streets.
8) Test driving shall comply with all applicable federal, state, and local laws and regulations.
Section 2. City Code Chapter 10 – Zoning, Article III. – USE DISTRICTS, Division 3. LAND USE
GENERALLY, Section 10-185 Land use table is hereby amended by inserting the following:
Lot Use Description A R-S R-1 R-2 R-3 TC TC-T C-1 C-2 C-3 I-1
Motor vehicle sales, PWC PWC PWC PWC PWC
no-inventory
Section 3. Summary approved. The City Council hereby determines that the text of the summary
marked "Official Summary of Ordinance No. 126-___” a copy of which is attached hereto clearly
informs the public of the intent and effect of the ordinance. The City Council further determines that
publication of the title and such summary will clearly inform the public of the intent and effect of the
ordinance.
Section 4. Filing. A copy of the ordinance shall be filed in the office of the City Clerk. This copy shall
be available for inspection by any person during regular office hours.
Section 5. Publication. The City Clerk shall publish the title of this ordinance and the official summary
in conformance with State Statute and City Code requirements with notice that a printed copy of the
ordinance is available for inspection by any person during regular office hours at the Office of the City
Clerk.
Section 6. Effective date. This ordinance shall take effect upon its passage and the publication of its
title and the official summary.
th
Passed by the City Council of the City of Prior Lake this 28 day of April 2026.
ATTEST:
_________________________ __________________________
Jason Wedel, City Manager Kirt Briggs, Mayor
Page 2 of 3
Official Summary of Ordinance No. 126-___
AN ORDINANCE AMENDING PRIOR LAKE CITY CODE
SECTION 10-268, MOTOR VEHICLE SALES
The following is the official summary of Ordinance No. 126-___ passed by the City Council of Prior
Lake on April 28, 2026.
Prior Lake City Code Sec. 10-268, Motor vehicle sales, was amended to include language allowing for
a new land use of Motor vehicle sales, no inventory, as a use permitted with conditions. Prior Lake
City Code Sec. 10-185, Land Use Table was amended to add Motor vehicle sales, no-inventory as a
use permitted with conditions in TC, C-1, C-2, C-3, and I-1 zoning districts.
A printed copy of the ordinance is available for inspection by any person during regular office hours in
the Office of the City Clerk at Prior Lake City Hall, 4646 Dakota Street SE, Prior Lake, MN 55372.
Page 3 of 3
ITEM: 5M
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Jake Skluzacek, Planner
PRESENTED BY: Casey McCabe, Community Development Director
AGENDA ITEM: Resolution Approving a Combined Preliminary and Final Plat, Easement
Vacation and Development Agreement for a Subdivision to be known as
Ridgewood Court
RECOMMENDED ACTION:
Motion and second approving a resolution approving a combined preliminary and final plat,
easement vacation and development agreement for Ridgewood Court.
BACKGROUND:
Mesenbrink Construction & Engineering has applied for approval of an Easement Vacation and
Combined Preliminary and Final Plat to be known as Ridgewood Court. The applicant is proposing
to subdivide two previously platted outlots, totaling approximately 2.55-acres, into two lots for
future low density residential development. The subject property is located to the west of Ponds
Parkway SE, north of Mushtown Road, and southeast of Ridgewood Court SE.
The property, which totals approximately 111,004 sq. ft., is undeveloped and was originally platted
as outlots for the adjacent Woodridge Estates 4th Addition and Parkwood Estates developments.
The applicant is proposing to create an approximate 59,036 sq. ft. vacant parcel and an
approximate 51,963 sq. ft. vacant parcel along Ponds Parkway SE for future single family
residential development. The applicant is also proposing to vacate existing drainage and utility
easements dedicated on a previous plat and replace them with the standard drainage and utility
easements required as part of the development.
Subsection 9-34 of City Code allows for the combination of a preliminary and final plat in one
action due to the simplicity of the proposed subdivision provided:
The resulting subdivision contains no more than 5 lots.
The resulting subdivision will contain two lots.
The proposed subdivision is located in an area where streets and utilities are in
place and capable of serving the subdivision.
Streets and utilities are available and capable of serving the subdivision.
The proposed subdivision does not require the dedication or construction of future
streets and will not interfere with the development of adjacent properties.
The proposed subdivision will dedicate the necessary right-of-way on Ponds Parkway SE
and will not require construction of streets and will not interfere with development of
adjacent property.
The resulting lots shall conform with all provisions of the Zoning Code unless a
variance has been granted.
The resulting lots will both conform with all provisions of the Zoning Code and variances
will not be necessary.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5M
Page | 2
Current Circumstances
The following paragraphs outline the physical characteristics of the existing site, the
comprehensive plan and zoning designations, and a description of some of the specifics of the
site.
PHYSICAL SITE CHARACTERISTICS:
Total Site Area: The total site area is 2.55 acres which is proposed to be subdivided into two lots
of approximately 1.36 acres and 1.19 acres respectively.
Wetlands: A Basic Management Class wetland is located on the site, which requires a buffer strip
with a minimum width of 15 feet and an average width of 30 feet. The owner will be required to
enter into a Developer’s Agreement with the Prior Lake Spring Lake Watershed District for the
establishment and recording of a Declaration for Conservation Easements over the buffer area.
Access: Access to both lots are available from Ponds Parkway SE to the east. Only full curb
panels are to be removed for driveway aprons.
2040 Comprehensive Plan Designation: This property is designated for low density residential
on the 2040 Comprehensive Plan Land Use Map.
Zoning: The subject property is currently zoned R-1, low density residential. The subject property
conforms with the Comprehensive Land Use Plan Map guidance.
Parks / Trails: The proposed trail along Ponds Parkway must extend to the northern property
line.
Sanitary Sewer / Water Mains: City utility work will need to be completed before or concurrently
with this project. A Notice to Proceed will not be issued until City work is underway.
The shared sanitary sewer service for the proposed homes will be private to the existing manhole
similar to other sanitary sewer services in the City. An agreement will be required between the
two properties for responsibility and maintenance of the shared manhole and sanitary sewer
service to the existing manhole.
Storm Water Management: Stormwater meets the threshold for treatment. Proposed new
impervious is greater than 3,500 square feet, the applicant will be required to meet City
stormwater requirements for rate and volume control. A Stormwater Management Report shall be
submitted showing how the requirements will be met. An NPDES permit is required for this site
as it exceeds 1 acre of disturbance prior to construction. All proposed drainage slopes shall be at
a minimum of 2%.
Stormwater requirements and grading plans will be reviewed by City staff as part of a future
building permit review process. An NPDES permit will be required for this site as it exceeds 1 acre
of disturbance prior to construction.
Easement Vacation
The city’s standard 10 ft. drainage and utility easements were dedicated over the existing
southern parcel (Outlot A, Parkwood Estates) in 2021. The city’s standard drainage and utility
easements were not dedicated over the northerly parcel (Outlot A, Woodridge Estates Fourth
Item 5M
Page | 3
Addition) when that property was platted in 1998. The applicants are proposing to dedicate the
necessary drainage and utility easements on the final plat of Ridgewood Court.
With the dedication of necessary easements on Ridgewood Court, the previously dedicated
easements on Outlot A, Parkwood Estates are no longer necessary and may be vacated. The
Resolution to vacate the Parkwood Estates easements will be considered by the City Council and
will include a condition that the easements shall not be vacated until the plat of Ridgewood Court
is approved.
Conclusion
The Planning Commission held a public hearing on April 6, 2026, and unanimously recommended
city council approval of the request for Combined Preliminary and Final Plat and easement
vacation.
FINANCIAL IMPACT:
No financial impact is anticipated as a result of this action.
ALTERNATIVES:
1. Motion and a second, as part of the consent agenda, approving a resolution approving the
combined preliminary and final plat, easement vacation and development agreement for
Ridgewood Court, conditioned upon addressing all comments listed in the 3/26/26
Community Development / Public Works Memorandum.
2. Remove this item from the consent agenda for additional discussion.
ATTACHMENTS:
1. Location Map
2. Ridgewood Court Preliminary Plat
3. Ridgewood Court Final Plat
4. Ridgewood Court Easement Vacation
5. Ridgewood Court Review Memo 3.26.26
6. Ridgewood Court Development Agreement
7. Ridgewood Court Resolution
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-___
A RESOLUTION APPROVING THE COMBINED PRELIMINARY AND FINAL PLAT,
EASEMENT VACATION AND DEVELOPMENT AGREEMENT FOR RIDGEWOOD COURT
Motion By: Second By:
WHEREAS, Mesenbrink Construction & Engineering (the “Developer”) has requested
approval of a Combined Preliminary and Final Plat to be known as Ridgewood
Court for a parcel legally described as:
Outlot A, WOODRIDGE ESTATES 4TH ADDITION, Scott County, Minnesota.
(PID 253530030); and
Outlot A, PARKWOOD ESTATES, Scott County, Minnesota. (PID 255580560);
and
WHEREAS, the Prior Lake Planning Commission conducted a public hearing on April 6, 2026,
to consider the request for Combined Preliminary and Final Plat and Easement
Vacation for Ridgewood Court; and
WHEREAS, notice of the public hearing on said Combined Preliminary and Final Plat and
Easement Vacation was duly published and mailed in accordance with the
applicable Prior Lake Ordinances; and
WHEREAS, the Planning Commission heard all persons interested in the Combined
Preliminary and Final Plat and Easement Vacation at the public hearing, and the
Commission recommended the City Council approve the Combined Preliminary
and Final Plat and Easement Vacation for Ridgewood Court on a 5-0 vote subject
to certain conditions; and
WHEREAS, the City Council considered the Planning Commission’s recommendation and
Developers request for approval of a Combined Preliminary and Final Plat and
Easement Vacation for Ridgewood Court on April 28, 2026, and found it met the
requirements of Subsections 9-34, 9-66 and 9-67 of the Prior Lake Subdivision
Code; and
WHEREAS, the City Council approved the Combined Preliminary and Final Plat, Easement
Vacation and Development Agreement for Ridgewood Court on April 28, 2026.
1
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council approves the Final Plat of Ridgewood Court subject to the following
conditions:
a) The Developer shall obtain the required permits from other state or local agencies prior
to any work on the site.
b) The Developer shall revise the plans in accordance with the requirements contained
in the Community Development / Public Works Departments memorandum dated
March 26, 2026.
c) The Developer shall record the Final Plat and Development Agreement within ninety
(90) days after approval of this plat.
3. The City Council approves the vacation of drainage and utility easements dedicated over
Outlot A, Parkwood Estates, subject to the following condition:
a) The drainage and utility easements shall not be vacated until the Final Plat of
Ridgewood Court has been recorded in the Office of the Scott County Recorder.
th
PASSED AND ADOPTED THIS 28 DAY OF APRIL 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
___________________________
Jason Wedel, City Manager
2
Page 1
DEVELOPMENT AGREEMENT
Ridgewood Court
PROJECT #PDEV26-000004
This Development Agreement (“Agreement”) is entered into this ____ day of ________, 2026, by
and between the City of Prior Lake, a Minnesota municipal corporation ("City"), and Mesenbrink
Construction & Engineering, Inc. (“Developer”).
WHEREAS, Developer is the owner of property located within the City of Prior Lake, County of
Scott, legally described on Exhibit A (“Property”) being platted as set forth in Exhibit A (“Final Plat”);
WHEREAS, Developer has applied to the City for Combined Preliminary Plat and Final Plat
approval of the Property;
NOW, THEREFORE, in consideration of the City Council adopting Resolution No. 26-_____
(“Resolution”) for Combined Preliminary Plat and Final Plat approval of the Property, Developer agrees
to construct, develop and maintain the Property as follows:
1. RIGHT TO PROCEED. The City shall not issue a building permit and Developer shall
not construct upon the Property in any manner, or begin the Development Work until all of the following
conditions have been satisfied: 1) the Final Plat and this Agreement have been fully executed by all parties
Page 2
and recorded in the office of the Scott County Recorder or Registrar or Titles as applicable; 2) the necessary
Security, deposits, fees and insurance have been received by the City, and 3) the City Engineer or his/her
designee has issued a letter that all conditions have been satisfied and that the Developer may proceed.
2. PHASED DEVELOPMENT. This Agreement represents approval only of Ridgewood
Court and the related improvements set forth on the Final Plat and Plans. It does not represent approval
of any additional development including any future phases. Fees and charges collected by the City in
connection with infrastructure, public improvements and parkland dedication requirements are not being
imposed on outlots, if any, in the Final Plat that are designated in an approved preliminary Plat for future
subdivision into lots and blocks. Such charges will be calculated and imposed when the outlots are subdivided
into lots and blocks.
3. DEVELOPMENT PLANS.
A. The Property shall be developed in accordance with the final plans identified below, subject
to such changes and modifications as provided herein (“Plans”). The Plans shall not be attached to this
Agreement, but are incorporated by reference and made a part of this Agreement as if fully set forth herein.
If the Plans vary from the written terms of this Agreement, the more specific or stringent controls shall apply.
The Plans are:
Plan A - Final Plat as stamped approved by the City Engineer or his/her designee (Prepared by
Rehder & Associates, Inc.) subject to the changes and modifications set forth in the
Resolution.
Plan B - Grading, Utility, and Tree Preservation Plans prepared by Rehder & Associates,
Inc. and dated February 5, 2026.
B. In addition, Developer shall grade, construct upon, and improve the Property pursuant to
all requirements of this Agreement, the Resolution, the Prior Lake City Code, the City's Public Works
Design Manual (“PWDM”), and the direction of City Manager or his/her designee. All improvements and
other work required by the Plans and such other work as is required by this Agreement, the Resolution,
Page 3
Ordinance, or the documents or parties identified above are hereafter referred to as the "Development
Work."
4. FINAL PLAT AND AS-BUILTS. The Developer shall submit the Final Plat in electronic
format. The electronic format shall be compatible with the City's current software.
5. MONUMENTS. Before the Security is released, Developer shall install iron monuments in
accordance with Minn. Stat. §505.021. The Developer's surveyor shall submit a written notice to the City
certifying that the monuments have been installed.
6. LICENSE. The Developer hereby grants the City, its agents, employees, officers and
contractors a non-revocable license to enter the Property to perform all work and inspections deemed
appropriate by the City in conjunction with the development of the Property.
7. EROSION CONTROL.
A. Developer shall be responsible for constructing and maintaining all grading, storm
water/drainage infrastructure, and erosion control in compliance with the Plans, the City Engineer or
his/her designee’s requirements, and the individual building/grading plan for each specific lot, until a
certificate of occupancy has been issued for each specific lot.
B. Developer shall install silt fence prior to lot construction to avoid erosion to adjoining
properties, public sidewalk or the public street; locate all garbage roll offs and dumpsters, or cause the
same to be located, on the Property and not on public property; and install protection at catch basins to
prevent silt and debris from entering the storm sewer.
C. Developer shall seed or lay cultured sod in all boulevards and restore all other areas disturbed
by the Development Work within thirty (30) days of the completion of street related improvements.
Boulevard and Area Restoration shall be in accordance with the approved erosion control plan and SWPPP.
No building permits will be issued until the Developer has installed silt -fence behind the curb of all
Page 4
buildable lots. Developer shall be responsible for the maintenance of any silt fence installed. Upon request
of the City Engineer or his/her designee, the Developer shall remove the silt fences after turf establishment.
D. Prior to initiating site grading, the erosion control plan and SWPPP shall be implemented
by the Developer and inspected and approved by the City Engineer or his/her designee. The City Engineer
or his/her designee may require the Developer, at no cost to the City, to install additional erosion control
measures if they are necessary to meet erosion control objectives. All areas disturbed shall be reseeded
immediately after the completion of the work in that area. All seeded areas shall be mulched and disc
anchored as necessary for seed retention.
E. No development or utility construction on the Property will be allowed unless the Property
is in full compliance with the erosion control requirements for the Property.
8. CONSTRUCTION ACCESS. Construction traffic access shall utilize Ponds Pkwy SE via
Mushtown Rd SE.
9. IMPROVEMENTS REQUIRED BEFORE ISSUANCE OF BUILDING PERMITS.
A. A temporary or permanent certificate of occupancy shall not be issued for any building on the
Property until water and sewer services are connected to the Property.
B. Notwithstanding any other provision of this Agreement, the City will issue a building permit
upon Developer’s compliance with the following requirements: (1) approval of the building plans by the
Building Official; (2) approval of a site survey by the City Community Development Director; and (3) a plan
for utility extension has been approved and a Notice to Proceed has been issued by the City Engineer.
10. DEDICATIONS, CONVEYANCES, EASEMENTS AND VACATIONS.
A. With respect to any interest in all portions of the Property which Developer is required,
pursuant to this Agreement, to dedicate or convey to the City ("Dedicated Property"), Developer represents
and warrants as follows now and at the time of dedication or conveyance: (i) that Developer has
marketable fee title free and clear of all mortgages, liens, and other encumbrances to the Dedicated
Page 5
Property. Prior to Final Plat approval, Developer shall provide to the City a current title insurance policy
insuring such a condition of title; (ii) that Developer has not used, employed, deposited, stored, disposed
of, placed or otherwise allowed to come in or on the Dedicated Property, any hazardous substance,
hazardous waste, pollutant, or contaminant, including, but not limited to, those defined in or pursuant to
42 U.S.C. § 9601, et. seq., or Minn. Stat., Sec. 115B.01, et. seq. (such substances, wastes, pollutants, and
contaminants hereafter referred to as "Hazardous Substances"); (iii) that Developer has not allowed any
other person to use, employ, deposit, store, dispose of, place or otherwise have, in or on the Property, any
Hazardous Substances; and (iv) that to the best of its knowledge, Developer states that no previous owner,
operator or possessor of the Property deposited, stored, disposed of, placed or otherwise allowed in or on
the Property any hazardous substances.
B. Developer agrees to indemnify, defend and hold harmless City, its successors and assigns,
against any and all loss, costs, damage and expense, including reasonable attorneys’ fees and costs, that
the City incurs because of the breach of any of the above representations or warranties and/or resulting
from or due to the release or threatened release of Hazardous Substances which were, or are claimed or
alleged to have been, used, employed, deposited, stored, disposed of, placed, or otherwise located or
allowed to be located, in or on the Dedicated Property by Developer, its employees, agents, contractors or
representatives.
11. LEGAL FEES. Developer shall be responsible for all reasonable legal fees incurred by
the City relating to revisions and amendments to and enforcement of this Agreement. The City Engineer
or his/her designee may invoice the Developer directly for such costs and Developer shall pay all such
invoices within ten (10) days of receipt.
12. FEES AND CHARGES. Developer shall pay the fees and charges identified below, set
forth in the City Fee Schedule related to the Combined Preliminary and Final Plat application prior to any
Page 6
work occurring on the Property. Fees and charges are nonrefundable. Such fees and charges may include
but are not limited to the following:
A. Administrative Fee. Developer shall pay to the City an Administrative Fee based on
construction cost estimates to reimburse the City for costs incurred.
B. Park Dedication Fee. Prior to release of the final Plat, Developer shall pay cash park
dedication fees for the Property as required by City Code in effect as of the date of the plat approval.
C. Tree Preservation and Replacement.
D. Trunk Storm Water Acreage Charge.
E. Trunk Water Acreage Charge.
F. Trunk Sewer Acreage Charge.
G. Street Seal Coat Fee
13. MAINTENANCE OF PLATTED LOTS. Developer shall provide ongoing maintenance
of all platted lots on the Property, including but not limited to mowing and weed control, sidewalk clearing
(ice, snow, building materials, eroded materials, and other debris), storm water and erosion control, and
other maintenance issues for which the Developer receives notice from the City Manager or his/her
designee. Developer’s obligations pursuant to this paragraph shall continue until the later of: (i) such time
as the City Council has accepted the Developer Installed Public Improvements in writing; or (ii) until each
specific lot is sold.
14. CLEAN UP AND DAMAGE:
A. Developer assumes full financial responsibility for any damage which may occur to public
property including but not limited to streets, street sub- base, base, bituminous surface, curb, utility system
including but not limited to water main, sanitary sewer or storm sewer when said damage occurs as a result
of the activity which takes place during the development of the Property. Developer further agrees to pay
all costs required to repair the streets, utility systems and other public property damaged or cluttered with
Page 7
debris when occurring as a direct or indirect result of the construction that takes place on the Property.
B. Developer shall clean the streets every day or as required by the City Engineer or his/her
designee.
C. Developer agrees that any damage to public property occurring as a result of construction
activity on the Property shall be repaired immediately if deemed to be an emergency by the City Engineer
or his/her designee. Developer further agrees that any damage to public property as a result of construction
activity on the Property shall be repaired within 14 days if not deemed to be an emergency by the City
Engineer or his/her designee.
15. NON-INTERFERENCE WITH ADJOINING PROPERTIES. All work performed by
Developer and Developer’s contractors and subcontractors shall be performed exclusively upon the
Property. Any work related to roads, trails, drainage, and utility improvements, which are specified herein
to occur on land outside the Property, shall occur exclusively within the appropriate easement boundaries
for such work. In no event shall any work performed by Developer or Developer’s contractors and
subcontractors interfere with other properties, right-of-ways, or easements.
16. DEVELOPER’S RESPONSIBILITY FOR CODE VIOLATIONS: In the event of a
violation of City Code relating to use of the Property during construction thereon or failure to fulfill an
obligation imposed upon the Developer pursuant to this Agreement, City shall give five (5) business days’
notice of such violation in order to allow a cure of such violation, provided however, City need not issue
a building or occupancy permit for construction or occupancy on the Property while such a violation is
continuing, unless waived by the City Engineer or his/her designee. The existence of a violation of City
Code or the failure to perform or fulfill an obligation required by this Agreement shall be reasonably
determined by the City Manager or his/her designee.
17. DEVELOPER'S RESPONSIBILITY FOR ITS CONTRACTORS: Developer shall
release, defend and indemnify City, its elected and appointed officials, employees and agents from and
Page 8
against any and all claims, demands, lawsuits, complaints, loss, costs (including reasonable attorneys’
fees), damages and injunctions relating to any acts, failures to act, errors, omissions of Developer or
Developer's consultants, contractors, subcontractors, suppliers and agents. Developer shall not be released
from its responsibilities to release, defend and indemnify because of any inspection, review or approval
by City.
18. RESPONSIBILITY FOR COSTS. Except as otherwise specified herein, Developer shall
pay all costs incurred by it or the City in conjunction with the development of the Property, including, but
not limited to, legal, planning, engineering, design, development, construction, clean up, repair, easement
and land acquisition, and inspection expenses incurred in connection with (i) review, approval, denial, and
implementation of zoning, CUP, platting, site and building plan, and any other reviews, approvals, or
denials by the City and any other reviewing authority; (ii) the Developer Installed Public Improvements;
(iii) the Property; (iv) the preparation and review of the Agreement and other documents referred to in the
Agreement or related to the Development Work; and (v) enforcing the terms of this Agreement. Developer
shall pay in full all bills submitted to it by the City, in accordance with this Agreement, within 30 days
after receipt.
19. DEVELOPER'S DEFAULT.
A. Definition. In the context of this Agreement, “Event of Default” shall include, but not be
limited to, any one or more of the following events: (1) failure by the Developer to pay in a timely manner,
all fees, charges, taxes, claims and liabilities, including but not limited to all real estate property taxes, utility
charges, and assessments with respect to the Property; (2) failure by the Developer to construct the Developer
installed improvements on the Property pursuant to the terms, conditions and limitations of this Agreement;
(3) failure by the Developer to observe or perform any covenant, condition, obligation or agreement on its
part to be observed or performed under this Agreement; (4) transfer of any interest in the Property without
prior written approval by the City Council (for the purpose of this paragraph, the sale of a lot or “unit”, except
Page 9
an outlot, to a builder is not an event of default); (5) failure to correct any warranty deficiencies; (6) failure
by the Developer to reimburse the City for any costs incurred by the City or to pay when due the payments
required to be paid or secured in connection with this Agreement; (7) failure by the Developer to renew the
Security at least thirty (30) days prior to its expiration date; (8) receipt by the City from the Developer’s
insurer of a notice of pending termination of insurance; (9) failure to maintain a current insurance certificate
on file with the City meeting City requirements; (10) failure to maintain the required insurance, bonds or
Security; (11) a breach of any provision of this Agreement; (12) if any representation made by Developer in
this Agreement, is inaccurate, either when made or at a later date; (13) failure by Developer to pay its debts
as they become due, the voluntary or involuntary filing of a petition in bankruptcy, an assignment by
Developer for the benefit of its creditors, or the appointment of a receiver for (a) Developer; (b) all or any
substantial portion of Developer’s assets; (c) the Property; or (14) if Developer is in default under any
mortgage or other pledge, guaranty or security agreement.
B. Event of Default - Remedies. Whenever an Event of Default occurs, the City, through the
City Manager, City Engineer, City Community Development Director, City Attorney or any of their
designees, may take any one or more of the following actions:
1. The City may suspend its performance under this Agreement.
2. The City may draw upon or bring action upon any or all of the securities provided to
the City pursuant to any of the terms of this Agreement.
3. The City may take whatever action, including legal or administrative action, which
may be necessary or desirable to the City to collect any payments due under this Agreement or to enforce
performance and/or observance of any obligation, agreement or covenant of Developer under this Agreement.
4. The City may suspend issuance of building permits and/or certificates of occupancy
on any of the lots, including those lots sold to third parties.
5. The City may suspend the release of any escrowed dollars.
Page 10
6. The City may use deposit or escrow dollars or other security to satisfy any outstanding
financial obligations to the City including but not limited to all real estate property taxes, utility charges, and
assessments with respect to the Property;
7. The City is hereby granted the option, but not the obligation, to complete or cause
completion in whole or part of all of the Developer’s obligations under this Agreement. This Agreement is a
license for the City to act, and it shall not be necessary for the City to seek a court order for permission to
enter the Property and cure the default, including but not limited to, completion of the Development Work.
When the City does any such work all costs incurred by the City in performing such work shall be recoverable
by it from the Security, and shall also constitute a lien on the Property, and the City may, in addition to its
other remedies, collect the costs in whole or in part as special assessments as specified in Chapter 429 of the
Minnesota Statutes. Developer knowingly and voluntarily waives all rights to appeal said special assessments
under Minnesota Statutes Section 429.081.
C. Notice. In a non-emergency, Developer shall first be given written notice of the Event of
Default not less than five (5) business days prior to City’s curing the default or exercising a remedy, or such
other period of time as the City, in its sole discretion, deems reasonable under the circumstances. The City
will not exercise its remedies so long as the Developer, within the five (5) business day period commences to
cure the Event of Default and diligently pursues to completion such cure of the Event of Default stated in the
Notice. If, in the City’s judgment, an Event of Default results in a threat to the public health, safety or welfare,
the City may act to correct the default without notice.
D. Election of Remedies. No remedy conferred in this Agreement is intended to be exclusive
and each shall be cumulative and shall be in addition to every other remedy. The election of any one or more
remedies shall not constitute a waiver of any other remedy. The City may, but is not obligated to, exercise
any of the remedies referred to in this paragraph.
Page 11
20. NOTICES.
A. Required notices to the Developer shall be in writing, and shall be either hand delivered to the
Developer, its employees or agents, or mailed to the Developer by United States mail at the following address:
7765 175th St. E, Prior Lake, MN 55372. Notices to the City shall be in writing and shall be either hand
delivered to the City Manager, or mailed to the City by United States mail in care of the City Manager at the
following address: City of Prior Lake, 4646 Dakota Street SE, Prior Lake, Minnesota 55372. Concurrent
with providing notice to the City, notice(s) shall be served upon the City Attorney at the following address:
Campbell Knutson, P.A., Attn: David Kendall, Grand Oak Office Center I, 860 Blue Gentian Road, Suite
290, Eagan, MN 55121.
B. Notices shall be deemed effective on the date of receipt. Any party may change its address
for the service of notice by giving written notice of such change to the other party, in any manner above
specified, 10 days prior to the effective date of such change.
C. Notice related to an Event of Default shall include the following: (1) the nature of the breach
of the term or condition that requires compliance by the Developer, or the Event of Default that has occurred;
(2) what the Developer must do to cure the breach or remedy the Event of Default; and (3) the time the
developer has to cure the breach or remedy the Event of Default.
21. INDEMNIFICATION. Developer shall indemnify, defend, and hold the City, its Council,
agents, employees, attorneys and representatives harmless against and in respect of any and all claims,
demands, actions, suits, proceedings, liens, losses, costs, expenses, obligations, liabilities, damages,
recoveries, and deficiencies, including interest, penalties, and attorneys’ fees, that the City incurs or suffers,
which arise out of, result from or relate to this Agreement or the Development Work. The responsibility to
indemnify and hold harmless the City, its Council, agents, employees, attorneys and representatives does not
extend to any willful or intentional misconduct on the part of any of these individuals.
Page 12
22. NO THIRD PARTY RECOURSE. The City and Developer agree that third parties shall have
no recourse against the City under this Agreement. The Developer agrees that any party allegedly injured or
aggrieved as a result of the City Council’s approval of the final Plat shall seek recourse against the Developer
or the Developer’s agents. In all such matters, including court actions, the Developer agrees that the
indemnification and hold harmless provisions set out in paragraph 21 shall apply to said actions. This
Agreement is a contract agreement between the City and the Developer. No provision of this Agreement
inures to the benefit of any third person, including the public at large, so as to constitute any such person as a
third-party beneficiary of the Agreement or of any one or more of the terms hereof, or otherwise give rise to
any cause of action for any person not a party hereto.
23. INSURANCE REQUIREMENTS. Developer, at its sole cost and expense, shall take out
and maintain or cause to be taken out and maintained, until the expiration of the Warranty Period, a policy
of insurance with limits for bodily injury, death, and property damage of not less than $1,000,000.00 per
occurrence and $2,000,000.00 aggregate. The City, its elected and appointed officials, officers,
employees, planners, engineers, attorneys, and agents shall be named additional insureds on any such
policy. The insurance certificate shall provide that the City shall be given 30 days advance written notice
before any modification, amendment or cancellation of the insurance becomes effective.
24. FINAL PLAT AND DEVELOPMENT AGREEMENT. The final Plat and Agreement
shall be recorded with the Scott County Recorder or Registrar of Titles, as applicable within 90 days of
approval by the City Council. The final Plat shall be considered void if not recorded within the 90 days
provided for herein unless a request for a time extension is submitted in writing and approved by the City
Council prior to the expiration of the 90-day period.
25. RECONSIDERATION OR RESCISSION. If Developer fails to proceed in accordance
with this Agreement within twenty-four (24) months of the date hereof, Developer, for itself, its
successors, and assigns, shall not oppose the City’s reconsideration and rescission of all approvals issued
Page 13
in connection with this Agreement, thus restoring the status of the Property before the Agreement and all
such approvals.
26. SIGNS. The Developer hereby waives any claim against the City for removal of signs
placed in the right-of-way in violation of the City Code or State Statutes. The City shall not be responsible
for any damage to, or loss of, signs removed.
27. MISCELLANEOUS.
A. Compliance With Other Laws. The Developer represents to the City that the Plat and the
Developer in performing all work under this Agreement shall comply with all county, metropolitan, state,
and federal laws and regulations, including but not limited to: subdivision ordinances, zoning ordinances, and
environmental regulations. If the City Engineer or his/her designee or the City Attorney determines that the
Plat or Developer is not in compliance, the City Engineer or his/her designee or the City Attorney may, at
his/her option, refuse to allow construction or Development Work on the Property until the Developer does
comply. Upon such demand, the Developer shall cease work until there is compliance.
B. Permits. The Developer shall obtain all necessary approvals, permits and licenses from the
City, and any other regulatory agencies and the utility companies. All costs incurred to obtain said approvals,
permits and licenses, and also all fines or penalties levied by any agency due to the failure of the Developer
to obtain or comply with conditions of such approvals, permits and licenses, shall be paid by the Developer.
C. Severability. If any portion, section, subsection, sentence, clause, paragraph, or phrase of this
Agreement is for any reason held invalid, such decision shall not affect the validity of the remaining portions
of this Agreement.
D. Amendments. There shall be no amendments to this Agreement unless in writing, signed by
the parties and approved by resolution of the City Council.
E. Waiver. Failure of the City to require performance of any provision of this Agreement shall
not affect its right to require full performance of this Agreement at any time thereafter and the waiver by the
Page 14
City of a breach of any such provision shall not be a waiver of any subsequent breach and shall not nullify
the effectiveness of such provision.
F. Assignment. The Developer may not assign this Agreement without the prior written
approval of the City Council. The Developer's obligation hereunder shall continue in full force and effect
even if the Developer sells one or more lots, the entire Property, or any part of it.
G. Interpretation. This Agreement shall be interpreted in accordance with and governed by the
laws of the State of Minnesota. The words herein and hereof and words of similar import, without reference
to any particular section or subdivision, refer to this Agreement as a whole rather than to any particular section
or subdivision hereof. Titles in this Agreement are inserted for convenience of reference only and shall be
disregarded in constructing or interpreting any of its provisions.
H. Successors and Assigns. Provisions of this Agreement shall be binding upon and
enforceable against Developer’s successors and assigns including but not limited to all purchasers and
owners of all or any part of the Property and their successors and assigns.
I. Performance Standards. The Property shall be developed and operated in a manner
meeting all applicable noise, vibration, dust and dirt, smoke, odor and glare laws and regulations.
J. No City Liability. Except for the intentional acts of the City or its employees and
contractors, no failure of the City to comply with any term, condition, covenant or agreement herein shall
subject the City to liability for any claim for damages, costs or other financial or pecuniary charges.
K. Estoppel. Upon request of the Developer, the City agrees to provide an estoppel stating
the status of the Developer’s obligations and the status of completion of improvements to be completed
by Developer in accordance with the Plans under the terms of this Agreement.
(Signatures Appear on Following Pages)
Page 15
CITY OF PRIOR LAKE
By: ________________________________
Kirt Briggs, Mayor
By: ________________________________
Jason Wedel, City Manager
STATE OF MINNESOTA )
(ss.
COUNTY OF SCOTT )
The foregoing instrument was acknowledged before me this _____ day of ____________, 2026, by
Kirt Briggs, Mayor, and by Jason Wedel, City Manager, of the City of Prior Lake, a Minnesota municipal
corporation, on behalf of the corporation and pursuant to the authority granted by its City Council.
_____________________________________
NOTARY PUBLIC
Page 16
Mesenbrink Construction & Engineering,
Inc.
By: ________________________________
________________________________
Its: _________________________________
STATE OF MINNESOTA )
(ss.
COUNTY OF __________ )
The foregoing instrument was acknowledged before me this ______ day of ____________, 2026, by
_____________________ as ____________________ for Mesenbrink Construction & Engineering.
_____________________________________
NOTARY PUBLIC
DRAFTED BY:
City of Prior Lake
4646 Dakota Street SE
Prior Lake, Minnesota 55372
Page 17
EXHIBIT A
TO DEVELOPMENT AGREEMENT
Legal Description of Property
OUTLOT A, WOODRIDGE ESTATES 4TH ADDITION, SCOTT COUNTY, MINNESOTA (PID:
253530030)
AND
OUTLOT A, PARKWOOD ESTATES, SCOTT COUNTY, MINNESOTA (PID: 255580560)
Page 18
EXHIBIT B
TO DEVELOPMENT AGREEMENT
Fee Table
Deposit/Escrow Amt Per Total
Construction Observation Deposit 8% of Public Improvements = $5,000.00
TOTAL Deposit/Escrow = $5,000.00
Fee Amt Per Total
Administrative Fee 6% of Public Improvements = $1,212.00
Park Dedication Fee $3,750 X 2 Unit = $7,500.00
Trunk Sanitary Sewer Acreage $5,975 X 0.77 Acres = $4,600.75
Trunk Water Acreage $3,600 X 0.77 Acres = $2,772.00
Trunk Storm Sewer Acreage $5,300 X 0.77 Acres = $4,081.00
Chip Seal Fee (Public Streets) $2.25 X 0 Sq. Yd. = $0.00
TOTAL Fee = $20,165.75
Security Total
Sanitary Sewer = $0.00
Water Main = $0.00
Storm Sewer = $0.00
Streets/Sidewalks/Trails = $20,200.00
Additional Items = $0.00
Subtotal (rounded) = $20,200.00
TOTAL (125% of subtotal) = $25,250.00
Page 19
EXHIBIT C
TO DEVELOPMENT AGREEMENT
Final Plat
[Phone] 952-447-9800 | [Fax] 952-447-4245 | cityofpriorlake.com
4646 Dakota Street SE
Prior Lake, MN 55372
Memorandum
To: Rehder & Associates, Inc. Attn: Ben Quaas
Mesenbrink Construction, Inc. Attn: John Mesenbrink
SHC, LLC Attn: Jennifer Haskamp
From: Jake Skluzacek, Planner
Luke Schwarz, Assistant City Engineer
Stephanie Thulien, Water Resource Engineer
Troy Kupahl, District Director Scott SWCD
Date: March 26, 2026
Re: Ridgewood Court Review Memorandum
We have reviewed the draft construction plan documents submitted for the Ridgewood Court
development at Ponds Parkway SE and Mushtown Road SE as prepared by Rehder & Associates, Inc. and
and submitted by Mesenbrink Construction. The following documents were reviewed:
• Civil Plan Set - Ridgewood Court – Civils Dated February 5, 2026
Comments are provided within this Memorandum and in the corresponding redlined plan set. Please
note that not all comments within the plan set are in the Memorandum. We have the following comments
with regards to stormwater management and engineering:
General
1. Submit for and provide copies to the City of all required permits from regulatory agencies prior to
construction (MCES, Minnesota Pollution Control Agency, Minnesota Department of Health,
NPDES, etc.)
2. An NPDES permit is required for this site as it exceeds 1 acre of disturbance prior to construction.
3. Additional comments may be generated by Prior Lake – Spring Lake Watershed District’s review
of the revised plans
4. Additional redline comments are provided in the accompanying plan set. Provide a response to
all comments in this memo and the redlined plan set.
Stormwater Management
1. Stormwater meets threshold for treatment.
a. With the two new houses and driveways, new impervious is greater than 3500 sf and the
applicant will be required to meet our stormwater requirements for rate and volume
control. They will need to submit a Stormwater Management Report to us showing how
they meet these requirements and will likely need to add a small pond or rain garden. All
proposed drainage slopes shall be at a minimum of 2%.
b. Provide calculations modeling the existing 100-year 10-day snowmelt event to determine
if the wetland is landlocked or not. It will be considered landlocked if the existing outlet
elevation of 996.0 is higher than this elevation.
c. Applicant will need to confirm with Prior Lake - Spring Lake Watershed District if they
need a permit for the wetland buffers if they haven’t done so already.
d. Stormwater requirements and grading plans will be reviewed by City staff as part of a
future building permit review process. An NPDES permit will be required for this site as it
exceeds 1 acre of disturbance prior to construction.
Grading Plan
1. Swale near home on northern parcel will need to either have a D&U dedicated for drainage or be
graded to direct water down property lines within current proposed D&U.
2. Trail will need extended all the way to the property line.
Utilities
1. Sanitary Sewer
a. The shared sanitary sewer service for the proposed homes will be private to the existing
manhole similar to other sanitary sewer services in the City. A maintenance agreement
will be required between the two properties for responsibility and maintenance of the
shared manhole and sanitary sewer service to the existing manhole.
b. There is a need for future grinder stations to accommodate sanitary sewer service for the
lots. Concept grinder stations should be shown outside of any drainage and utility
easements.
2. Watermain
a. Watermain tee must be 8”x8”
b. All watermain to be 8” C900.
c. Reconfigure ending with hydrant as shown in the plans on page C6.
d. City work will need completed before or concurrently with this project. Notice to Proceed
will not be issued until City work is underway. If this method is preferred, watermain must
go in street.
e. Services must be provided (not main) to connection point with city project.
f. Provide a hydrant at the corner of Mushtown and Ponds.
g. Curb stops should be shifted to the property line near the connection with the watermain.
h. Utility easements shall be provided in favor of Lot 2 across Lot 1 for proposed water
service.
Wetland
1. Coordinate buffer requirements for PLSLWD Rule J – Buffer Strips with the watershed.
Conservation easements with the Prior Lake – Spring Lake Watershed District are required for the
Buffer Strips.
2. A Basic Management Class wetland is located on the site, which requires a buffer strip with a
minimum width of 15 feet and an average width of 30 feet. The owner will be required to enter
into a Developer’s Agreement with the Prior Lake – Spring Lake Watershed District for the
establishment and recording of a Declaration for Conservation Easements over the buffer area.
3. Details regarding monumentation and vegetation establishment for the wetland buffer are
outlined in Rule J, Paragraphs 7 and 8, respectively, and must be incorporated into the
construction plans.
Easement Vacation:
1. The city’s standard 10 ft. drainage and utility easements were dedicated over the existing
southern parcel (Outlot A, Parkwood Estates) in 2021. The city’s standard drainage and utility
easements were not dedicated over the northerly parcel (Outlot A, Woodridge Estates Fourth
Addition) when that property was platted in 1998. The applicants are proposing to dedicate the
necessary drainage and utility easements on the final plat of Ridgewood Court.
2. With the dedication of necessary easements on Ridgewood Court, the previously dedicated
easements on Outlot A, Parkwood Estates are no longer necessary and may be vacated. The
Resolution to vacate the Parkwood Estates easements will be considered by the City Council and
will include a condition that the easements shall not be vacated until the plat of Ridgewood Court
is approved.
ITEM: 5N
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Heidi Simon, City Clerk
PRESENTED BY: Casey McCabe, Community Development Director
AGENDA ITEM: Approval of the Building Permit Summary Report- March
RECOMMENDED ACTION:
Approve the building permit summary report for March 2026 as presented.
ALTERNATIVES:
1. Motion and second as part of the consent agenda to approve the March Building Permit
Report.
2. Motion and second to remove this item from the consent agenda for additional
discussion.
ATTACHMENTS:
1. Building Permit Report 3.2026
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Number of Permits Declared Value Number of Permits Declared Value
Single Family Dwellings 2 $1,012,675.00 4 $1,685,079.00
Townhouses (# units) 0 $0.00 0 $0.00
Multiple Units 1 $18,250,000.00 0 $0.00
New
Commercial Industrial & Commercial 1 $3,000,000.00 0 $0.00
Residential 90 $1,760,905.60 74 $1,387,606.36
Industrial & Commercial 2 $132,270.00 4 $312,524.00
tMechanical & Plumbing 68 $0.00 85 $0.00
ttMechanical (SF&TH)8 $0.00 16 $0.00
TOTALS 172 $24,155,850.60 183 $3,385,209.36
Number of Permits Declared Value Number of Permits Declared Value
Single Family Dwellings 8 $3,542,003.00 8 $4,078,069.00
Townhouses (# units) 0 $0.00 0 $0.00
Multiple Units 2 $23,500,000.00 0 $0.00
New
Commercial Industrial & Commercial 1 $3,000,000.00 0 $0.00
Residential 155 $3,433,293.30 195 $4,464,828.28
Industrial & Commercial 6 $500,545.00 9 $1,864,525.00
tMechanical & Plumbing 234 $0.00 225 $0.00
ttMechanical (SF & TH)32 $0.00 32 $0.00
TOTALS 438 $33,975,841.30 469 $10,407,422.28
Summary of Fees Collected MARCH 2026 MARCH 2025 YTD 2026 YTD 2025
General Fund $255,618.08 $55,982.21 $355,785.71 $123,317.27
Trunk Reserve Fund $305,334.00 $10,416.00 $314,619.00 $12,433.00
Water Storage Fund $0.00 $0.00 $0.00 $0.00
Water and Sewer Fund $6,500.00 $5,670.00 $21,569.42 $8,334.30
Metro Council SAC $320,565.00 $12,425.00 $330,505.00 $14,910.00
State Surcharge $4,397.15 $1,503.28 $6,236.42 $3,272.08
Builders Fees and Deposits $46,875.00 $12,500.00 $106,775.00 $27,300.00
TOTAL $939,289.23 $98,496.49 $1,135,490.55 $189,566.65
Beverly Alexander, Building Services Assistant
Beverly Alexander, Building Services Assistant
CITY OF PRIOR LAKE
BUILDING PERMIT SUMMARY
MARCH 1, 2026 - MARCH 31, 2026
New
Residential
MARCH 2026 MARCH 2025
2026 YEAR TO DATE 2025 YEAR TO DATE
New
Residential
Additions
and
Alterations
Additions
and
Alterations
t Mechanical permits include but are not limited to furnaces, water heaters, softeners, and fireplaces. They are flat-rate permit fees.
tt Mechanical (SF & TH) permits include required plumbing, heating, sewer and water and fireplace permits for new single family
residences. They are flat-rate permit fees.
ITEM: 5O
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Lori Olson, Assistant City Manager
PRESENTED BY: Jason Wedel, City Manager
AGENDA ITEM: Resolution approving an agreement with CIT to upgrade the City’s
Storage Area Network (SAN) and Servers
RECOMMENDED ACTION:
Approve agreement with CIT to manage the replacement of the City's SAN and two host servers.
BACKGROUND:
This item requests approval to engage with CIT, a technology support company located in
Woodbury, to serve as the project manager to upgrade the City’s Storage Area Network (SAN)
and two host servers.
Both the SAN and host servers are nearing end of life and require replacement to ensure the
integrity of the City’s technology infrastructure and network. The SAN is a dedicated high-speed
network that centralizes the City’s storage devices and makes them accessible to virtual servers.
The SAN is vital for the recovery of City data in the event of a disaster. The City’s two physical
servers host the City’s virtual environment and provide load balance and redundancy should one
server fail.
As part of this project, the City will change its virtual platform vendor from VMware to Scale
Computing. VMware recently was bought by Broadcom, which moved their business strategy to
services aimed at large enterprises. They changed their fees from a perpetual license to an annual
subscription that requires all entities to subscribe to a minimum number of licenses regardless of
size. Continuing with VMware/Broadcom would have increased the City’s costs by more than
400% so the city worked with CIT to select Scale Computing as the new provider for the City’s
virtual platform.
Because City staff does not have the technical expertise to manage the scope and scale of this
project, an external consultant is required to complete this important project. The City has a
Master Services Agreement (MSA) with CIT to provide IT consulting services, and CIT holds deep
knowledge of the City’s technology framework, platforms, and operations. CIT developed the
City’s current IT infrastructure and served as the City’s IT contracted “staff” prior to 2014 when a
full-time IT coordinator was hired.
FINANCIAL IMPACT:
This project was approved as part of the final 2026 budget. However, the project’s costs have
increased due to federal tariffs and a shortage of equipment. The IT budget was underspent in
2025, and a budget amendment was approved by the City Council on March 24, 2026, to carry
forward $25,000 to the 2026 IT budget for this project. The total project cost is $124,112.53.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 5O
Page | 2
ALTERNATIVES:
1. As part of the consent agenda, approve the resolution to engage in an agreement with
CIT to upgrade the City's SAN and two host servers.
2. Remove from the consent agenda for discussion.
ATTACHMENTS:
1. SAN Servers Upgrade Resolution_4.28.2026
2. SAN Servers Upgrade SOW_4.28.2026
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-
RESOLUTION APPROVING AN AGREEMENT WITH CIT TO UPGRADE THE CITY’S
STORAGE AREA NETWORK (SAN) AND SERVERS
Motion By: Second By:
WHEREAS, the City of Prior Lake’s Storage Area Network (SAN) and two host servers are
nearing end of life and require replacement to ensure the integrity of the City’s
technology infrastructure and network; and
WHEREAS, the City will change its virtual platform vendor from VMware to Scale Computing as
part of this project; and
WHEREAS, City staff does not have the technical expertise to manage the scope and scale of
this project; and
WHEREAS, the City has a Master Services Agreement (MSA) with CIT to provide IT consulting
services, and CIT’s deep knowledge of the City’s IT infrastructure makes them the
appropriate vendor for this project; and
WHEREAS, this project was approved as part of the final 2026 budget, but the project’s costs
have increased due to federal tariffs and a shortage of IT equipment; and
WHEREAS, the IT budget was underspent in 2025, and a budget amendment was approved by
the City Council on March 24, 2026, to carry forward $25,000 to the 2026 IT budget
to fully fund this project.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City Council authorizes an agreement with CIT in the amount of $124,112.53 for project
management services to upgrade the City’s SAN and two host servers.
Passed and adopted by the Prior Lake City Council this 28th day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐
☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
SAN & Servers Upgrade
Date: 3/23/2026
Prepared For:
City of Prior Lake
4646 Dakota St SE
Prior Lake, MN 55372
kroach@PriorLakeMN.gov
9524479812
Prepared By:
CIT
Brian Olson
Senior Account Manager
Brian.Olson@citsolutions.net
(651) 255-5782
https://www.citsolutions.net
Executive Summary
Objectives and Intended Outcome
Business Objectives
The City of Prior Lake wants to explore all options when it comes to upgrading it's current hypervisor platform VMware. CIT has explored cost to replace current HPE
network with net HPE hardware and continue to utilize VMware. CIT also looked at Scale as a solution to migrate the city to a completely new hypervisor platform.
Intended Outcome/Deliverable
Depending on the platform the city moves forward with, this new infrastructure will provide the City of Prior Lake with a refreshed network of Servers and Storage.
Replace switching for 10GBaseT connectivity for Scale cluster as part of future fiber ring networking project.
Statement of Work
Kickoff/Meeting Call
Switch Configuration
Unbox and assemble hardware.
Install latest firmware.
Join to existing Core device stack:
2 X 6300M 24SR10 switches
2 X 6300 PSU
2 X SFP56 DACs
NOTE: 2 X 6300M 48G from existing stack will be removed for use at PD later. Final stack will be 2 existing 48G switches plus 2 new 24SR10s.
Create base switch configuration:
User credentials
SNMP
NTP
SSH management
Uplinks
Trunks
VLANs
Review existing switching and transfer necessary configurations to new devices.
Switch Cutover (downtime required - after hours recommended)
Document existing patch connections and remove legacy cabling.
Remove legacy switching.
Move patching bays and prepare rack for new switching.
Install new switching and connect to power and stacking cables.
Patch connections to new switching using provided cabling.
Verify connectivity and functionality of new switching.
Cleanup cable management.
Customer Considerations
10GBase-T optics require Cat5e or better cabling to function at 10GB connectivity.
Scale Server Imaging (3 Nodes)
Unbox and assemble hardware.
Obtain license keys and necessary node configuration details from Scale.
Download necessary ISO media for current version Scale deployment.
Image each node with Scale ISO and verify successful OS deployment.
Prepare node for transport to customer location.
Configure Scale Cluster (3 Nodes)
Unbox and assemble hardware.
Configure OOBM networking and licensing for each node.
Configure switching VLANs and ports for LAN and BACKPLANE networks.
Install hardware into rack and connect to power and networking.
Establish node connectivity and configure BACKPLANE networking.
Install latest Scale hardware and firmware updates on all nodes.
Enable SNMP monitoring on nodes.
Complete initial cluster setup and configuration.
Customer Considerations
Vendor support-ability and compatibility with all applications should be verified with Scale Computing hypervisor before proceeding with application migrations.
Sufficient power, networking and switch capacity will be required for new cluster to be online at same time as current server environment to allow for successful migration
of all workloads.
Server Migration (11 VMs)
NOTE: Multiple solutions exist for migration between Hypervisors - Service Engineer assigned to project will determine best course of action.
Available migration methods for this project:
Acronis Trial Tenant
Veeam Community Edition
Veeam Licensed Version
Datto BDR Backups
Scale Migrate (Carbonite)
Starwind (Host to Host Migration Tool)
Configure/Install necessary components for recovery method (if applicable).
Verify proper backups running for VMs that are being migrated.
Verify backup method is using proper agent based vs hypervisor based backups (if applicable).
Per VM Cutover Process (VM downtime required - after hours recommended):
Complete final backup and shutdown legacy VM.
Export/Restore VM to new hypervisor.
Power on new VM and install Guest Tools (VM reboot required).
Configure proper networking on VM.
Confirm VM functionality and connectivity.
Verify all virtual machines have been migrated to new hypervisor and are functioning correctly.
Virtual Machine Migration List:
PLDC02
MiltelNS
SMA500
LFServer
PFILE02
PLHVAC-WIN10 (Shutdown - no longer required)
PLDB1
PLDC01
Finance (Shutdown - no longer required)
Qualys Scanner
PLFILE01
Lenel (2019)
PLHVAC (Shutdown - no longer required)
PLUTIL1 (2019)
Decommission Legacy Hardware
Verify all necessary services, functionality and data has been migrated from legacy hardware.
Verify any legacy servers or VMs have been removed from backups.
Shutdown legacy devices and disconnect from networking and power.
Remove from network rack and stage for customer to recycle hardware.
Post project QA checklist
Project Management
CIT will assign a dedicated resource to serve as the Project Manager (“Project Manager”). The Project Manager will be responsible for overseeing the project, coordinating
CIT resources, and serving as the primary point of contact for the Customer. Responsibilities will include.
Managing project scope, including facilitating and documenting formal change requests.
Developing and maintaining the project schedule.
Leading regular status meetings with stakeholders, in accordance with the frequency agreed in the Project Plan.
Maintaining live project status updates within the Customer Portal, where the Customer may view reports at any time.
Performing additional project management activities as defined in this Statement of Work
Facilitate a formal project closure, which may include a Project Closure meeting.
CIT Change Orders
CIT establishes change management procedures to initiate changes to the services identified in the SOW.
A change typically occurs when either party encounters any of the following situations during service delivery:
Either party identifies new requirements not included in the original service’s scope
Either party changes the direction and intent of this Service, which requires CIT to rework the services.
Small Changes
Changes less than 20% of the original scope will be managed informally with email verification by the PM.
Large Changes
Changes greater than 20% of the original scope will be managed with a formal approval process.
Scale Production Cluster
Subtotal:$124,112.53
Tax:$0.00
Total:$124,112.53
Proposal Summary
SAN & Servers Upgrade
Quote information:
Quote #3529428-1-D
Prepared on: 3/23/2026
Expires: 4/22/2026
Account Executive: Brian Olson | Brian.Olson@citsolutions.net | (651) 255-5782 https://www.citsolutions.net
Prepared for:
City of Prior Lake
4646 Dakota St SE Prior Lake MN 55372
Ship to:
City of Prior Lake
4646 Dakota St SE
Prior Lake, MN 55372
One-time costs
Optional Description Qty Unit Price
Price
Including
Tax
Lenovo Gear $48,270.09
N CUSTOM SR650 V4 3 $16,090.03 $48,270.09
Aruba Networking $26,125.92
N HPE Aruba X372 54VDC 680W 100-240VAC Power Supply 4 $623.96 $2,495.84
N ARUBA 50G SFP56 TO SFP56 0.65M DAC CABLE 2 $276.70 $553.40
N HPE CX 6300 Layer 3 Switch 2 $11,538.34 $23,076.68
N Shipping & Handling
Shipping & Handling 1 $200.00 $200.00
Patch Cables $336.00
N 5FT PATCH CORD CAT6 THIN 48 $7.00 $336.00
Scale Licensing $24,284.52
N "SC//HyperCore 60 month Essential Kit Software and Support License Tier: Professional"1 $19,916.40 $19,916.40
N VMware Rip & Replace Partner Promo 1 $0.00 $0.00
N PROMO Scale Computing Move powered by Carbonite Migrate 1 $0.00 $0.00
N SC//Platform Foundations Training 1 $0.00 $0.00
N Admission to Scale Computing Platform 2026 Summit with SC//Platform Advanced Training Service Included 1 $0.00 $0.00
N Node Installation Remote Support 3 $375.09 $1,125.27
N ScaleCare Professional Service 3 $1,080.95 $3,242.85
CIT Services Fixed $24,896.00
Notes:
Please note: Items marked with "Y" (Yes) in the optional column are not included in the subtotal, tax, or total calculations.
Acceptance and Incorporation by Reference
This Proposal, together with the terms and conditions set forth in the Master Services Agreement, Service Attachments and all other agreements identified on Exhibit A (the agreements identified on Exhibit A are hereafter collectively
referred to as the "Ancillary Agreements") is between Computer Integration Technologies, a Minnesota corporation (sometimes referred to as "we," "us," "our," or "Provider"), and the customer identified on the signature block at the end of
this Proposal (sometimes referred to as "You," Your," or "Client").
PRIORITY OF NEGOTIATED AGREEMENTS: Notwithstanding anything to the contrary herein, if Client and Provider have previously entered into a separately negotiated and mutually executed Master Services Agreement or a formal
Amendment to the MSA ("Negotiated Agreement") with an effective date of 10/01/2025 or later, the terms of that Negotiated Agreement shall supersede any conflicting terms in the online Ancillary Agreements referenced on Exhibit A. If
no such Negotiated Agreement exists, the following incorporation terms shall apply:
Client and Provider expressly agree that the terms and conditions set forth in the Ancillary Agreements are hereby incorporated into this Proposal by reference as if fully set forth herein, regardless of whether Client separately executed
any of the Ancillary Agreements. Notwithstanding that certain provisions of the Ancillary Agreements may not facially appear applicable to every transaction or circumstance governed by this Proposal, each such provision shall be
interpreted broadly and in context, and shall apply and control to the extent such provision can reasonably be construed to apply to the rights, obligations, or subject matter hereof.
This Proposal shall be effective and shall automatically become a legally binding agreement as of the first date upon which both Provider and Client have signed below (the "Effective Date"). Provider and Client are sometimes referred to
separately as a "Party", or collectively as the "Parties." Any capitalized terms in this Proposal not defined herein shall have the meaning provided in any Ancillary Agreement(s) defining such capitalized term. If there is a direct conflict
between this Proposal and any term or condition set forth in any of the Ancillary Agreements, the conflicting term or condition in this Proposal shall control. By signing or accepting this Proposal, Client acknowledges, represents, and
warrants to Provider that Client has read and agrees to all terms and conditions set forth in the Ancillary Agreements on the Effective Date. The Parties agree that electronic signatures on this Proposal shall be relied upon and shall bind
the Parties to the terms and conditions stated or incorporated by reference herein. Each Party hereby warrants and represents that such Party is authorized to execute this Proposal and perform the undertakings set forth or incorporated
herein. This Proposal supersedes all prior negotiations, proposals, orders, agreements and communications between the Parties regarding all matters expressly addressed or within the reasonable scope of this Proposal or the Ancillary
Agreements.
Client acknowledges and agrees that Provider may, from time to time, revise the terms and conditions of the Ancillary Agreements, provided that any such revision shall be effective only in accordance with applicable law, including
prevailing legal standards for enforceable "clickwrap" or equivalent electronic consent mechanisms. Revised terms or conditions shall become binding and effective upon the earlier of: (a) Client's continued use of the applicable products
or services following reasonably conspicuous notice and opportunity for Client to review the revised term(s) or condition(s); or (b) Client's affirmative acceptance of the revised term(s) via a click-through or similar method reasonably
designed to confirm assent. Provider shall make revised terms reasonably available for Client review which shall indicate the date of last revision. If Client does not agree to any revised term(s), Client must discontinue use of the affected
products or services and may terminate this Proposal only in accordance with termination provisions set forth in the Ancillary Agreements. Any revision(s) to the terms or conditions of the Ancillary Agreements by Provider shall apply only
prospectively, unless otherwise required by applicable law or expressly stated in the revised terms.
Client further agrees that the terms of the Ancillary Agreements shall apply not only to the specific transaction described in this Proposal, but also to all other current and future transactions between Client and Provider unless and until
such terms are superseded by a subsequently executed Proposal or Ancillary Agreement.
Both of the Parties, acting through their respectively authorized officers, agents, or representatives hereby execute this Proposal with the intention of being bound hereby.
Exhibit A
Click the buttons below to view the linked documents.
Master Services Agreement Services Attachment for Managed Services Service Attachment for Access Control Services Service Attachment for Managed Video Surveillance
Schedule of Services Data Processing Agreement Schedule of Third-Party Services
IN WITNESS WHEREOF, this Order Form is agreed to by the parties below and entered into as of the Order Effective Date.
CIT
Signature:
Name : Brian Olson
City of Prior Lake
Signature:
Name:
Date:
ITEM: 8A
CITY COUNCIL AGENDA REPORT
MEETING DATE: April 28, 2026
PREPARED BY: Christine Watson, Public Works Supervisor – Administration
Alison Harwood, WSB LLC
PRESENTED BY: Nick Monserud, Public Works Director/City Engineer
Casey McCabe, Community Development Director
AGENDA ITEM: Resolution Adopting the Prior Lake Annexation Area Alternative
Urban Areawide Review (2025-06)
RECOMMENDED ACTION:
Adopt a resolution adopting the Alternative Urban Areawide Review for the Spring Lake Township
orderly annexation area and adjacent areas in Prior Lake (2025-06).
BACKGROUND:
The City of Prior Lake entered into an updated Orderly Annexation Agreement with Spring Lake
Township on September 10, 2024. In March 2025, the City determined that a study of the
development needs of the area would be practical to adequately prepare for development and
provide guidance for developers to understand how their project fits into the overall public
infrastructure plans prior to development.
Minnesota Rule 4410 also requires environmental review for certain types and sizes of projects,
including those which could be proposed within the orderly annexation area of Spring Lake
Township as well as adjacent areas within the City of Prior Lake. As an alternative to required
environmental review of individual developments, the Rule includes a substitute environmental
review process, the Alternative Urban Areawide Review (AUAR), which allows for review of large
geographic areas based on one or more land use development scenarios. An AUAR can be used
to evaluate how much development can be accommodated in an area without significant impacts
on the environment or public infrastructure. The AUAR can also establish mitigation measures
which will need to be completed as development progresses in order to minimize the potential for
significant impacts. Staff determined that an AUAR was prudent for the study area and is an
acceptable form of environmental review for future developments.
The City ordered the preparation of an AUAR at their November 12, 2025 City Council meeting.
The draft AUAR was prepared and distributed for agency and public comment from January 6 –
February 5, 2026. The City received comments from 10 governmental agencies. The AUAR was
revised as necessary based on the comments received and a final AUAR was distributed for a
10-day objection period on March 17, 2026. The City received no objections to the AUAR. One
agency provided a comment. The comment, and the City’s response, is attached. No revisions to
the final AUAR were necessary based on this comment.
The AUAR study area encompasses approximately 2,730 acres located in the southwest corner
of Prior Lake, Scott County, Minnesota (Figure 1). The study area includes the orderly annexation
area of Spring Lake Township as well as adjacent areas within the City of Prior Lake.
City of Prior Lake | 4646 Dakota Street SE | Prior Lake MN 55372
Item 8A
Page | 2
Two development scenarios were studied (Table 1). Scenario 1 (Figure 2) is consistent with the
land uses in the existing City’s comprehensive plan, and Scenario 2 (Figure 3) involves a higher
density of residential development, based on anticipated requirements for the upcoming 2050
Comprehensive Plan update which will begin next year. Both scenarios also include varying
amounts of retail, business park, and industrial development.
Table 1: AUAR Development Scenarios
Scenario 1
Scenario 2
Land Use* Comprehensive Plan
(acres)
(acres)
Urban Low Density 1,780 1,485
Urban Medium Density 139 356
Urban High Density 0 42
Retail/General Business 180 143
Planned Industrial 413 334
Business Park 0 152
* Campbell Lake, existing rights of way, and the existing Spring Lake Ridge residential
development total approximately 218 acres for both scenarios and do not contribute to the land
use acres.
Following adoption of the AUAR, the document will remain as a valid environmental review for
developments within the study area for five (5) years. Developments that meet the assumptions
of the development scenarios will not require individual environmental review. As development
progresses, the mitigation plan will be reviewed, and applicable mitigation measures will be
implemented to ensure potential significant impacts are avoided or mitigated. Upon expiration,
the City may prepare an AUAR Update to extend environmental review coverage.
ALTERNATIVES:
1. Motion and second to adopt a resolution adopting the Alternative Urban Areawide
Review for the Spring Lake Township orderly annexation area and adjacent areas in
Prior Lake (2025-06).
2. Motion and second to deny this item and direct staff on potential next steps.
ATTACHMENTS:
1. Resolution
2. Figures 1-3
3. Agency Comments and Responses
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 26-xxx
RESOLUTION ADOPTING THE ALTERNATIVE URBAN AREAWIDE REVIEW FOR THE
SPRING LAKE TOWNSHIP ORDERLY ANNEXATION AREA AND ADJACENT AREAS IN
PRIOR LAKE (2025-06)
Motion By: Second By:
WHEREAS, the City has entered into an updated Orderly Annexation Agreement with Spring
Lake Township; and
WHEREAS, the City has an adopted Comprehensive Plan that identifies growth and
development in the orderly annexation area and adjacent areas of Prior Lake;
and
WHEREAS, the City recognizes the need to begin planning for development of the land in the
orderly annexation areas and adjacent areas of Prior Lake; and
WHEREAS, the City determined that an environmental review is prudent to develop the
orderly annexation area and adjacent areas in Prior Lake; and
WHEREAS, Minnesota Rule Part 4410.3610 provides for a substitute form of environmental
review known as the Alternative Urban Areawide Review (AUAR); and
WHEREAS, an AUAR allows for environmental review of development and associated
infrastructure in a particular geographic area within a jurisdiction if the local
government unit as an adopted Comprehensive Plan; and
WHEREAS, the City of Prior Lake is the Responsible Government Unit (RGU) pursuant to
Minnesota Rules Part 4410.3610 Subp. 1; and
WHEREAS, the study area is approximately 2,730 acres in the southwest corner of the city;
and
WHEREAS, two proposed development scenarios have been identified to evaluate as part of
the AUAR, each of which has varying amounts of residential, industrial, business
park, and retail development; and
WHEREAS, the City Council ordered the preparation of the AUAR on November 12, 2025;
and
WHEREAS, the draft AUAR was prepared and distributed per Minnesota Rules Part
4410.3610; and
WHEREAS, comments received were considered and the AUAR was revised and distributed
for a 10-day objection period; and
WHEREAS, no objections were received.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. the City of Prior Lake adopts the Alternative Urban Areawide Review for the proposed study
area including the Spring Lake Township Orderly Annexation Area and adjacent areas in the
City of Prior Lake.
th
Passed and adopted by the Prior Lake City Council this 28 day of April 2026.
VOTE Briggs Braid Churchill Lake Hellier
Aye
☐ ☐ ☐ ☐ ☐
Nay
☐ ☐ ☐ ☐ ☐
Abstain
☐ ☐ ☐ ☐ ☐
Absent
☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager
C:\\Users\\hsimon\\AppData\\Local\\Temp\\Report Attachment - 20260428 Adopt Annexation Area AUAR - RESO_677052\\Report Attachment - 20260428 Adopt
Annexation Area AUAR - RESO.docx 2
1
Figure 1 – Project Location
2
Figure 2 – Scenario 1
3
Figure 3 – Scenario 2
Agency Topic/AUAR Section Comment Response
Land Use
The AUAR covers over 2,500 acres, historically the northwestern quarter of
Spring Lake Twp. Most of this land was not previously considered as Prior Lake
urban reserve during Met Council’s Imagine 2050 forecasts preparation. Prior
Lake intends to address this future land supply in a Plan Amendment or the 2050
Plan Update which will include a forecast adjustment. At the time of a next Plan
Amendment or Plan Update, Met Council will use its Imagine 2050 forecast as a
start point, and will recommend adding to the Prior Lake forecast as much as
+1,800 jobs (either scenario); as well as +2,900 households (scenario 1) or
+3,400 households (scenario 2). Council staff advise a discussion of forecasts
and TAZ allocations of growth during the City’s preparation of a 2050 Plan
Update.
The City will consult with MetCouncil to discuss forecasts and TAZ growth
allocations during the preparation of a 2050 Plan Update.
Water Resources/Section 12b When the information becomes available, please provide a staging table and
map showing Scenario 1 and 2 forecasts by decade.
The City will plan to include additional detail related to staging within the
upcoming 2050 Comprehensive Plan.
Met Council
Metropolitan Council (Regional Office & Environmental Services)
390 Robert Street North, Saint Paul, MN 55101-1805
P 651.602.1000 | F 651.602.1550 | TTY 651.291.0904
metrocouncil.org
An Equal Opportunity Employer
March 30, 2026
Casey McCabe, Community Development Director
City of Prior Lake
4646 Dakota Street SE
Prior Lake, MN 55372
RE: City of Prior Lake – Final Alternative Urban Areawide Review – Prior Lake Annexation Area
Metropolitan Council Review File No. 23168-2
Metropolitan Council District No. 4
Dear Casey McCabe:
Council staff has conducted a review of this Final Alternative Urban Areawide Review (FAUAR) and
Mitigation Plan to determine its accuracy and completeness in addressing regional concerns. Council
staff commented on the draft AUAR in its February 4, 2026, letter. The study area encompasses 2,512
acres located in southwest Prior Lake around Campbell Lake extending southwest to the intersection of
Highway 79 and Highway 282. The FAUAR proposes two scenarios. The two scenarios primarily differ in
the type and number of residential units and in the breakdown of the area’s industrial/business districts.
The staff review has concluded that the FAUAR addresses previous comments and is complete and
accurate with respect to regional concerns and raises no major issues of consistency with Council
policies. The Council does not object to the FAUAR; however, staff offers the following comments for
your consideration:
Item 10: Land Use (Todd Graham, 651-602-1322)
The AUAR covers over 2,500 acres, historically the northwestern quarter of Spring Lake Twp.
Most of this land was not previously considered as Prior Lake urban reserve during Met Council’s
Imagine 2050 forecasts preparation. Prior Lake intends to address this future land supply in a
Plan Amendment or the 2050 Plan Update which will include a forecast adjustment. At the time of
a next Plan Amendment or Plan Update, Met Council will use its Imagine 2050 forecast as a start
point, and will recommend adding to the Prior Lake forecast as much as +1,800 jobs (either
scenario); as well as +2,900 households (scenario 1) or +3,400 households (scenario 2). Council
staff advise a discussion of forecasts and TAZ allocations of growth during the City’s preparation
of a 2050 Plan Update.
Item 12: Water Resources- Wastewater (Roger Janzig, 651-602-1119)
When the information becomes available, please provide a staging table and map showing
Scenario 1 and 2 forecasts by decade.
Page - 2 | March 30, 2026 | METROPOLITAN COUNCIL
This will conclude the Council’s review of the FAUAR. The Council will take no formal action on the
FAUAR. If you have any questions or need further information, please contact MacKenzie Young-
Walters, Principal Reviewer, at 651-602-1373 or via email at MacKenzie.Young-
Walters@metc.state.mn.us.
Sincerely,
Angela R. Torres, AICP, Senior Manager
Local Planning Assistance
CC: Tod Sherman, Development Reviews Coordinator, MnDOT - Metro Division
Deb Barber, Metropolitan Council District No. 4
Judy Sventek, Water Resources Manager
MacKenzie Young-Walters, Sector Representative/ Principal Reviewer
Reviews Coordinator
N:\CommDev\LPA\Communities\Prior Lake\Letters\Prior Lake 2026 Prior Lake Annexation Area FAUAR-NoObjections 23168-2.docx