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PACKET - PARKSPARKS -1 City of Otsego, Minnesota Capital Improvement Plan 2019 thru 2028 PROJECTS BY FUNDING SOURCE Source # Priority 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Total 202 - Trail Management I Trail Maintenance PARK -2019-01 n/a 31,000 31,000 Trail Maintenance PARK -2020-01 n/a 32,000 32,000 Trail Maintenance PARK -2021-01 n/a 33,000 33,000 Trail Maintenance PARK -2022-01 n/a 34,000 34,000 Trail Maintenance PARK -2023-01 n/a 35,000 35,000 Trail Maintenance PARK -2024-01 n/a 36,000 36,000 Trail Maintenance PARK -2025-01 n/a 37,000 37,000 Trail Maintenance PARK -2026-01 n/a 38,000 38,000 Trail Maintenance PARK -2027-01 n/a 39,000 39,000 Trail Maintenance PARK -2028-01 n/a 40,000 40,000 202 - Trail Management Total 31,000 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 355,000 203 - Park Development Prairie Park Improvements - Splash PARK -2019-03 n/a 22,500 350,000 372,500 Pad/Pickleball Carrick's Waterfront - Landscape PARK -2019-04 n/a 35,000 35,000 Improvements Great River Regional Trail PARK -2019-05 n/a 26,000 26,000 Riverpointe - Natural Park Area PARK -2019-06 n/a 17,000 80,000 97,000 Wilson Preserve - Boardwalk PARK -2020-02 n/a 35,000 35,000 Ashwood Neighborhood Park PARK -2020-03 n/a 10,000 640,000 650,000 Prairie Park Ballfield Additions PARK -2021-02 n/a 174,420 677,147 155,040 1,006,607 Prairie Park Concession Building PARK -2024-02 n/a 240,000 240,000 Prairie Park Shelter PARK -2024-03 n/a 65,000 65,000 Prairie Park Ballfield & Soccer PARK -2025-02 n/a 1,113,600 1,113,600 Lighting 203 - Park Development Total 100,500 475,000 814,420 677,147 155,040 305,000 1,113,600 3,640,707 1205 - Park Capital Equipment Storage Container PARK -2019-02 n/a 7,600 7,600 Playground Replacement - Prairie PARK -2023-02 n/a 240,000 240,000 Park Playground Replacement - School PARK -2023-03 n/a 75,000 75,000 Knoll Park Playground Replacement - Future PARK -2028-02 n/a 945,055 945,055 (2029-2042) 205 - Park Capital Equipment Total 7,600 315,000 945,055 1,267,655 GRAND TOTAL 139,100 507,000 847,420 711,147 505,040 341,000 1,150,600 38,000 39,000 985,055 5,263,362 Thursday, November 15, 2018 City of Otsego Trail Management Fund Cash Flow Summary V Revised: November 15, 2018 15.38% 6.67% 3.13% 3.03% 2.94% 2.86% 2.78% 2.70% 2.63% 2.56% 2.50% Forecast Projection - Capital Improvement Plan 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Revenues Property Taxes Intergovernmental Investment Interest Miscellaneous Transfers In Total Expenses Engineering Other Charges & Services Capital Outlay Capital Outlay (CIP) Transfers Out Total Cash Balance - Beginning Balance Sheet Effects Revenues Expenditures Cash Balance - Ending $ 30,000 $ 32,000 $ 33,000 $ 34,000 $ 35,000 $ 36,000 $ 37,000 $ 38,000 $ 39,000 $ 40,000 $ 41,000 PARKS - 2 Comments 30,000 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 54 - - - - - - - - - - 33,827 - - - - - - - - - - - 31,000 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 DRAFT 2019-2028 CIP 33,881 31,000 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 7,590 3,709 4,709 5,709 6,709 7,709 8,709 9,709 10,709 11,709 12,709 30,000 32,000 33,000 34,000 35,000 36,000 37,000 38,000 39,000 40,000 41,000 (33,881) (31,000) (32,000) (33,000) (34,000) (35,000) (36,000) (37,000) (38,000) (39,000) (40,000) $ 3,709 $ 4,709 $ 5,709 $ 6,709 $ 7,709 $ 8,709 $ 9,709 $ 10,709 $ 11,709 $ 12,709 $ 13,709 X:\Budget\2019\Cash Flows\Capital Funds 202 -Trail Management City of Otsego Park Development Fund Cash Flow Summary V Revised: November 15, 2018 Revenues Park Dedication Fees Intergovernmental Investment Interest Miscellaneous Transfers In Total Expenses Engineering Other Charges & Services Capital Outlay Capital Outlay (CIP) Transfers Out Total Cash Balance - Beginning Balance Sheet Effects Revenues Expenditures Cash Balance - Ending Forecast I Projection - Capital Improvement Plan 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 PARKS - 3 Comments $ 1,195,086 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 $ 405,700 100 New Plats at 2018 Rate ($4,057) 1,195,086 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 258,478 100,500 475,000 814,420 677,147 155,040 305,000 1,113,600 - - - DRAFT 2019-2028 CIP - - - - - - - - Subsidy - Norin Landing (5-14-2018) 258,478 190,817 475,000 814,420 677,147 155,040 305,000 1,113,600 - - - 1,386,158 2,322,766 2,537,649 2,468,349 2,059,629 1,788,182 2,038,842 2,139,542 1,431,642 1,837,342 2,243,042 1,195,086 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 405,700 (258,478) (190,817) (475,000) (814,420) (677,147) (155,040) (305,000) (1,113,600) - - - $ 2,322,766 $ 2,537,649 $ 2,468,349 $ 2,059,629 $ 1,788,182 $ 2,038,842 $ 2,139,542 $ 1,431,642 $ 1,837,342 $ 2,243,042 $ 2,648,742 X:\Budget\2019\Cash Flows\Capital Funds 203 -Park Development City of Otsego PARKS - 4 Park Equipment Fund Cash Flow Summary V Revised: November 15, 2018 1.82% 3.57% 3.45% 3.33% 3.23% 3.13% 3.03% 2.94% 2.86% 2.78% 2.70% Forecast Projection - Capital Improvement Plan 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Comments Revenues Property Taxes $ 56,000 $ 58,000 $ 60,000 $ 62,000 $ 64,000 $ 66,000 $ 68,000 $ 70,000 $ 72,000 $ 74,000 $ 76,000 Investment Interest - - - - - - - - - - - Miscellaneous - - - - - - - Transfers In - - - - - - - - - - - Total 56,000 58,000 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 76,000 Expenses Supplies - - - - - - - - - - - Other Charges & Services - - - - - - - - - Capital Outlay 7,763 - - - - - - - - - - Capital Outlay (CIP) - 7,600 - - 315,000 - - 945,055 DRAFT 2019-2028 CIP Transfers Out - - - - - - - - - - - Total 7,763 7,600 - - - 315,000 - - - - 945,055 Cash Balance - Beginning 250,263 298,500 348,900 408,900 470,900 534,900 285,900 353,900 423,900 495,900 569,900 Balance Sheet Effects Revenues 56,000 58,000 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 76,000 Expenditures (7,763) (7,600) - - - (315,000) - - - - (945,055) Cash Balance - Ending $ 298,500 $ 348,900 $ 408,900 $ 470,900 $ 534,900 $ 285,900 $ 353,900 $ 423,900 $ 495,900 $ 569,900 $ (299,155) X:\Budget\2019\Cash Flows\Capital Funds 205 -Park Equipment