Item 6.1 2025 Budgets and Property Tax Levy
Request for
City Council Action
DEPARTMENT INFORMATION
ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE:
Administration City Administrator/Finance Director Flaherty December 9, 2024
PRESENTER(s) REVIEWED BY: ITEM #:
Administration 6.1 – 2025 Budgets and
Property Tax Levy
STRATEGIC VISION
MEETS: THE CITY OF OTSEGO:
X Is a strong organization that is committed to leading the community through innovative communication.
X Has proactively expanded infrastructure to responsibly provide core services.
X Is committed to delivery of quality emergency service responsive to community needs and expectations in a
cost-effective manner.
X Is a social community with diverse housing, service options, and employment opportunities.
X Is a distinctive, connected community known for its beauty and natural surroundings.
AGENDA ITEM DETAILS
RECOMMENDATION:
City staff is recommending the City Council consider resolutions adopting operating budgets, a final property tax levy,
and the capital improvement plan.
ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED?
No Yes, was held on November 25, 2024
BACKGROUND/JUSTIFICATION:
The City Council and staff began the budgeting process back in May, and have met in eight special city council meetings,
which are work session settings in preparation and review of the operating budgets, property tax levy, and capital
improvement plan.
The proposed General fund budget is a balanced budget, with expenditures totaling $9,940,102. When compared with
2024, this is an increase of 5.52%. These expenditures are funded with property taxes being the primary source of
revenue, which accounts for 70.34% of all revenues, which is comparable to 67.14% of all revenue in 2024.
The Public Utility budgets include the Water, Sanitary Sewer, and Storm Water funds. The primary sources of revenues
for these funds are from charges for services to customers of the public utilities. The expenses are comprehensive, and
include operating expenses, depreciation, capital outlay, debt service and interfund transfers. The utility funds have cash
flow projections which are monitored and updated multiple times per year. The rates for the charges for services to
customers have been analyzed, and current recommendations for increases have been included in the budgets.
The Debt Service Funds budget includes revenues and expenditures for each of the City’s two outstanding general
obligation bond issues, not including public utility fund bond issues. The primary sources of revenue include property
taxes and special assessments. These revenues along with fund balance will repay the principal and interest on the
respective bond issues.
The Special Revenue Funds budget includes activity for the City’s three Tax Increment Districts Funds. The expenditures
within these funds are for TIF pay-as-you-go note agreements. These expenditures are funded through tax increment
collections.
The Economic Development Authority budget request is to be reviewed and considered for adoption by the Board of
Commissioners at their December 9, 2024, meeting. The budget includes Commissioner compensation, which is
accounted for within the General fund budget, and debt service expenditures sourced from the pending issuance of the
2024A Lease Revenue Bonds.
The proposed property tax levy accounts for General fund revenues, Capital fund reserves, Debt Service repayments and
Tax Abatements. The total proposed levy is $9,392,870. The most recent information available from Wright County
shows the City’s net tax capacity total of $38,640,913 (-0.66% from 2024). This calculates to an estimated City tax rate of
24.308, compared to the prior year rate of 23.109.
The proposed Capital Improvement Plan (CIP) covers the years 2025-2034. A summary of the CIP is included and is
organized by funding source. Inclusion of an item within the CIP does not commit final approval by the City Council,
rather it directs staff to plan towards and gather necessary information for an educated final approval on each respective
item. Each individual item is planned, researched, and brought back to City Council for final approval when the respective
item is ready to move forward.
SUPPORTING DOCUMENTS ATTACHED:
• Resolution 2024-87: Adopting the 2025 Annual Operating Budgets
o Budget Summaries: General, Public Utility, Debt Service & Special Revenue Funds
o EDA Budget Request Resolution (DRAFT)
• Resolution 2024-88: Setting a Final Property Tax Levy for Taxes Payable 2025
o Tax Levy Calculations
• Resolution 2024-89: Adopting the 2025-2034 Capital Improvement Plan
o Projects by Funding Source Summary
POSSIBLE MOTION
PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES:
Motion to adopt Resolution 2024-87 Adopting the 2025 Annual Operating Budgets.
Motion to adopt Resolution 2024-88 Setting a Final Property Tax Levy for Taxes Payable 2025.
Motion to adopt Resolution 2024-89 Adopting the 2025-2034 Capital Improvement Plan.
BUDGET INFORMATION
FUNDING: BUDGETED:
N/A
N/A
1
CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-87
ADOPTING THE 2025
ANNUAL OPERATING BUDGETS
WHEREAS, the Otsego City Council has on November 25, 2024, held a public meeting to allow for public comment before
adopting a final budget and certifying a final property tax levy; and
WHEREAS, the Otsego City Council has reviewed the proposed General, Public Utility, Debt Service and Special Revenue fund
budgets and has determined the budget is adequate to fund the respective fund operations for the year 2025.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
1. That the following revenues and expenditures (summarized) be authorized as the final budget for the operation of
the General fund for 2025 as follows:
Revenues
Property Taxes $6,992,002
Cable Franchise Fees 117,000
Licenses and Permits 1,703,459
Intergovernmental 209,554
Charges for Services 244,830
Miscellaneous 195,257
Transfers from Other Funds 478,000
Total Revenues $9,940,102
Expenditures
General Government $2,196,516
Public Safety 4,263,499
Public Works 2,118,872
Parks and Recreation 1,250,315
Economic Development 110,900
Total Expenditures $9,940,102
2
2. That the following revenues and expenses (summarized) be authorized as the final budget for the operation of the
Public Utility funds for 2025 as follows:
Revenues
Operating $8,118,701
Non-Operating 2,966,469
Availability & Connection Charges 4,696,540
Special Assessments 35,274
Bond Proceeds 10,098,000
Total Revenues $25,914,984
Expenses
Operating $4,090,823
Capital Outlay 20,506,400
Depreciation 4,638,841
Debt Service 5,208,236
Transfers to Other Funds 478,000
Total Expenses $34,922,300
3. That the following revenues and expenditures (summarized) be authorized as the final budget for the operation of
the Debt Service funds for 2025 as follows:
Revenues
Property Taxes $290,308
Special Assessments 168,333
Total Revenues $458,641
Expenditures
Principal $480,000
Interest and Fiscal Agent Fee’s 82,556
Total Expenditures $562,556
4. That the following revenues and expenditures (summarized) be authorized as the final budget for the operation of
the Special Revenue funds for 2025 as follows:
Revenues
Tax Increments $609,601
Total Revenues $609,601
Expenditures
Economic Development $518,242
Total Expenditures $518,242
3
5. That the following revenues and expenditures (summarized) be authorized as the final budget for the operation of
the Economic Development Authority for 2025 as follows:
Revenues
Bond Proceeds $405,572
Total Revenues $405,572
Expenditures
Interest and Fiscal Agent Fee’s $405,572
Total Expenditures $405,572
ADOPTED by the Otsego City Council this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED:
CITY OF OTSEGO
__________________________________
Jessica L. Stockamp, Mayor
ATTEST:
__________________________________
Audra Etzel, City Clerk
City of Otsego
General Fund Budget - 2025
Requested Budget
Revenue & Expenditure Summary
Draft Preliminary Final
Budget Budget Budget Budget
2024 2025 2025 2025 $ Change % Change
Revenues
Taxes 6,324,793$ 7,065,507$ 7,050,775$ 6,992,002$ 667,209$ 10.55%
Cable Franchise Fees 132,000 120,000 120,000 117,000 (15,000) -11.36%
Licenses & Permits 1,657,040 1,703,559 1,703,059 1,703,459 46,419 2.80%
Intergovernmental 461,984 192,754 192,354 209,554 (252,430) -54.64%
Charges for Services 258,515 239,745 244,745 244,830 (13,685) -5.29%
Special Assessments 3,800 3,800 4,000 3,500 (300) -7.89%
Fines & Forfeitures 30,900 34,100 34,200 33,600 2,700 8.74%
Investment Interest 106,920 118,894 126,207 142,657 35,737 33.42%
Miscellaneous 17,500 17,500 15,500 15,500 (2,000) -11.43%
Interfund Transfers 427,000 453,000 453,000 478,000 51,000 11.94%
Subtotal 9,420,452 9,948,859 9,943,840 9,940,102 519,650 5.52%
Expenditures
General Government 2,120,045 2,190,607 2,190,950 2,196,516 76,471 3.61%
Public Safety 4,029,903 4,263,933 4,263,874 4,263,499 233,596 5.80%
Public Works 2,035,838 2,121,445 2,121,948 2,118,872 83,034 4.08%
Culture & Recreation 1,129,706 1,263,024 1,257,218 1,250,315 120,609 10.68%
Economic Development 104,960 109,850 109,850 110,900 5,940 5.66%
Interfund Transfers - - - - - #DIV/0!
Subtotal 9,420,452 9,948,859 9,943,840 9,940,102 519,650 5.52%
Net Change in Fund Balance -$ -$ -$ -$
Description
City of Otsego
Public Utility Fund Budget - 2025
Revenue & Expenditure Summary
Budget Budget
2024 2025
Utility Revenues
Operating 7,679,101$ 8,118,701$
Non-Operating 3,689,713 2,966,469
Availability + Connection Charges 4,115,780 4,696,540
Special Assessments 31,917 35,274
Bond Proceeds 19,600,000 10,098,000
Subtotal 35,116,511 25,914,984
Expenditures
Personal Services 1,175,404 1,488,288
Supplies 1,026,307 1,019,630
Services & Other Charges 1,413,746 1,582,905
Capital Outlay 23,055,807 20,506,400
Depreciation 4,274,943 4,638,841
Debt Service 4,781,299 5,208,236
Interfund Transfers 427,000 478,000
Subtotal 36,154,506 34,922,300
Excess (Deficiency) of Revenues
Over (Under) Expenditures (1,037,995)$ (9,007,316)$
Description
City of Otsego
Debt Service Fund Budget - 2025
Revenue & Expenditure Summary
Budget Budget
2024 2025
Revenues
Taxes 299,144$ 290,308$
Special Assessments 176,239 168,333
Subtotal 475,383 458,641
Expenditures
Principal 460,000 480,000
Interest 98,406 81,556
Fiscal Agent Fee's 1,000 1,000
Subtotal 559,406 562,556
Excess (Deficiency) of Revenues
Over (Under) Expenditures (84,023)$ (103,915)$
Description
City of Otsego
Special Revenue Fund Budget - 2025
Revenue & Expenditure Summary
Budget Budget
2024 2025
Revenues
Tax Increments 532,815$ 609,601$
Subtotal 532,815 609,601
Expenditures
Personal Services 3,200 3,200
Services & Other Charges 4,500 4,500
Development Incentives 471,410 510,542
Subtotal 479,110 518,242
Excess (Deficiency) of Revenues
Over (Under) Expenditures 53,705$ 91,359$
Description
1
OTSEGO ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-XX
REQUESTING A BUDGET FROM THE CITY
WHEREAS, the Board of Commissioners of the Economic Development Authority (the EDA) shall, annually submit a budget
request to the City of Otsego (the City); and
WHEREAS, the Board of Commissioners of the EDA has reviewed proposed budget and has determined the budget is adequate
to fund the respective operations and debt service requirements for the year 2025.
NOW, THEREFORE, BE IT RESOLVED BY THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF OTSEGO, MINNESOTA:
1.That the following revenues and expenditures (summarized) be submitted to the City as the final budget for the
Economic Development Authority for 2025 as follows:
Revenues
Property Taxes $500
Bond Proceeds 405,572
Total Revenues $406,072
Expenditures
Operating $500
Debt Service 405,572
Total Expenditures $406,072
ADOPTED by the Board of Commissioners this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED:
OTSEGO ECONOMIC DEVELOPMENT AUTHORITY
__________________________________
Jessica Stockamp, President
ATTEST:
__________________________________
Audra Etzel, Secretary DRAFT
1
CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-88
SETTING A FINAL PROPERTY
TAX LEVY FOR TAXES PAYABLE IN 2025
WHEREAS, the Otsego City Council has on November 25, 2024, held a public meeting to allow for public comment before
adopting a final budget and certifying a final property tax levy; and
WHEREAS, the Otsego City Council is required by State Statute to establish a final property tax levy for taxes payable in 2025
and certify the final property tax levy to the Wright County Auditor.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
1. That a tax is hereby levied for collection in 2025 upon all taxable properties in the City of Otsego for the purpose and
sums as follows:
General Revenue $7,000,000
Tax Abatement 87,436
GO Improvement Bond, 2018A 104,308
GO Improvement Refunding Bond, 2020A 186,000
Capital Improvement Plan 2,015,126
Total Tax Levy $9,392,870
ADOPTED by the Otsego City Council this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED:
CITY OF OTSEGO
__________________________________
Jessica L. Stockamp, Mayor
ATTEST:
__________________________________
Audra Etzel, City Clerk
City of Otsego
Property Tax Levy Calculations
Payable 2025
Revised: December 4, 2024
$% $%
2025 Change Change 2025 Change Change
General Fund Operations 7,058,000 722,000 11.40% 7,000,000 664,000 10.48%
Tax Abatements 80,212 (8,012) -9.08% 87,436 (788) -0.89%
Debt Service
Series 2018A 104,308 2,164 104,308 2,164
Series 2020A 186,000 (11,000) 186,000 (11,000)
Sub-total 290,308 (8,836) -2.95% 290,308 (8,836) -2.95%
Capital Reserves
Pavement Management 900,000 (100,000) 800,000 (200,000)
Trails Management 76,000 6,000 76,000 6,000
Parks Equipment 425,000 25,000 425,000 25,000
Capital Equipment Revolving 587,937 37,544 587,937 37,544
Fire Reserve 190,000 (20,000) - (210,000)
Fire Capital Revolving 6,189 6,189 6,189 6,189
Storm Water - - - -
Capital Improvements - - - -
City Buildings & Property 120,000 85,000 120,000 85,000
Sub-total 2,305,126 39,733 1.75% 2,015,126 (250,267) -11.05%
Adjustment to Achieve Option
Grand Total 9,733,646 744,885 8.29% 9,392,870 404,109 4.50%
Growth (%)
Tax Capacity 39,427,828 39,427,828
Growth (%) -0.23% -0.23%
Net Tax Capacity 38,640,913 38,640,913
Growth (%) -0.66% -0.66%
Tax Rate 25.190 24.308
Population 23,132 23,132
Tax Levy Per Capita 421 406
Description 2025 Change ($) Change (%) 2025 Change ($) Change (%)
Median Appraised Value 386,400 (16,300) -4.05% 386,400 (16,300) -4.05%
Less: MV Exclusion (11,774) (11,774)
Taxable Market Value 374,626 374,626
Tax Capacity 3,746 (271) -6.74% 3,746 (271) -6.74%
Taxing Estimated Estimated
Authority Tax Change ($) Change (%) Tax Change ($) Change (%)
City of Otsego 944 16 1.72% 911 (17) -1.83%
Levy Description
Preliminary Levy (9-23-2024) Proposed Final Levy (12-09-2024)
Y:\Budget\2025\Property Taxes\Tax Levy Calculations (2025) 2025 (12-9)
1
CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2024-89
ADOPTING THE 2025-2034
CAPITAL IMPROVEMENT PLAN
WHEREAS, the Otsego City Council has determined it is fiscally responsible and necessary to develop a capital improvement
plan that identifies items that may require significant capital investment; and
WHEREAS, the Otsego City Council has reviewed the details and estimated cost of each item included within the capital
improvement plan; and
WHEREAS, the Otsego City Council has identified probable funding sources for each item included within the capital
improvement plan; and
WHEREAS, the inclusion of an item within the capital improvement plan does not commit final approval for each respective
item, rather each item will be presented to the Otsego City Council with final expenditure amounts and a detailed funding plan
to gain final approval.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
1. That the 2025-2034 Capital Improvement Plan, as set forth in summary, attached as Exhibit A to this Resolution is
adopted.
ADOPTED by the Otsego City Council this 9th day of December, 2024.
MOTION BY:
SECONDED BY:
IN FAVOR:
OPPOSED:
CITY OF OTSEGO
__________________________________
Jessica L. Stockamp, Mayor
ATTEST:
__________________________________
Audra Etzel, City Clerk
2025 through 2034
Capital Improvement Plan
Otsego, Minnesota
Source Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total
201 - Pavement Management
Street Maintenance - 2025 STREET-25-01 279,265 279,265
Mill and Overlay Project - 2025 STREET-25-03 1,266,794 1,266,794
Street Maintenance - 2026 to 2034 STREET-26-01 310,223 323,763 274,851 319,606 301,138 280,505 330,828 264,298 270,390 2,675,602
Street Reclaim Projects - 2026 to 2034 STREET-26-02 831,258 1,011,131 569,973 476,424 488,335 3,377,121
Mill and Overlay Projects - 2026 to 2034 STREET-26-03 828,702 1,763,089 1,934,451 572,325 1,135,454 98,914 1,138,657 1,097,803 1,125,248 9,694,643
Street Micro-Surface Projects - 2026 to
2034 STREET-26-04 281,880 206,447 147,562 443,307 210,460 216,814 736,267 464,696 476,313 3,183,746
201 - Pavement Management Total 1,546,059 2,252,063 2,293,299 2,356,864 2,346,369 2,217,025 596,233 2,205,752 2,303,221 2,360,286 20,477,171
202 - Trail Management
Trail Maintenance TRAILS-25-01 70,000 70,000
Trail Maintenance TRAILS-26-01 72,000 74,000 76,000 78,000 80,000 82,000 84,000 86,000 88,000 720,000
Trail Renewal TRAILS-26-02 100,000 115,000 130,000 345,000
202 - Trail Management Total 70,000 172,000 74,000 76,000 193,000 80,000 82,000 214,000 86,000 88,000 1,135,000
203 - Park Development
Wayfinding Signage PARKS-25-01 70,000 70,000
Carricks Landing Park - Paddle Ports PARKS-25-02 80,000 80,000
Trail Construction - 80th Street TRAILS-25-02 302,500 302,500
Trail Construction - CSAH 42 North TRAILS-25-03 275,000 275,000
203 - Park Development Total 727,500 0 0 0 0 0 0 0 0 0 727,500
Produced Using Plan-It CIP Software Page 1 / 5
205 - Park Capital Equipment
School Knoll Park - Parking Lot PARKS-25-03 65,000 65,000
Lily Pond Park - Renovation PARKS-26-01 15,000 580,000 595,000
Prairie Park - Renovation PARKS-27-01 830,000 830,000
Kittredge Crossings Park - Renovation PARKS-28-01 500,000 500,000
Zimmer Farms Park - Renovation PARKS-30-01 560,000 560,000
Beaudry Meadows Park - Renovation PARKS-32-01 575,000 575,000
Frankfort Park - Renovation PARKS-34-01 565,000 565,000
205 - Park Capital Equipment Total 80,000 580,000 830,000 500,000 0 560,000 0 575,000 0 565,000 3,690,000
206 - Capital Equipment
Revolving
Air Compressor Trailer FLEET-25-01 33,461 33,461
CAT Mini Excavator FLEET-25-02 106,129 106,129
Forklift FLEET-25-03 22,000 22,000
Roller Trailer FLEET-25-04 24,360 24,360
Traffic Management Sign FLEET-25-05 18,732 18,732
John Deere UTV FLEET-25-06 38,656 38,656
Midsota Dump Box Trailer FLEET-25-07 18,500 18,500
Ford F250 Extended Cab Pickup FLEET-25-08 69,500 69,500
Building Safety - 2026-2034 Vehicles &
Equipment FLEET-26-01 39,877 39,877
Public Works - 2026-2034 Vehicles &
Equipment FLEET-26-02 544,836 811,281 449,444 494,615 92,944 615,181 414,607 680,709 263,330 4,366,947
Parks - 2026-2034 Vehicles & Equipment FLEET-26-03 145,098 85,000 255,700 89,305 15,098 183,197 70,000 37,918 65,032 946,348
206 - Capital Equipment Revolving Total 331,338 689,934 896,281 705,144 583,920 108,042 798,378 524,484 718,627 328,362 5,684,510
Source Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total
Produced Using Plan-It CIP Software Page 2 / 5
214 - Fire Reserves
Wildland Engine FIRE-25-02 416,439 416,439
Tender Truck FIRE-25-03 309,378 309,378
Rescue Engine FIRE-26-01 1,103,938 1,103,938
Ladder Truck FIRE-26-02 1,740,860 1,740,860
Emergency Service - 2026-2034 Vehicles
& Equipment FIRE-26-04 75,000 10,000 35,000 85,000 102,643 307,643
Small Tools & Equipment FIRE-26-05 1,369,512 1,369,512
Land Acquisition - West Fire Station FIRE-34-01 250,000 250,000
214 - Fire Reserves Total 725,817 4,289,310 10,000 35,000 0 85,000 0 0 0 352,643 5,497,770
414 - Capital Improvement
Revolving
Radio Communication Repeater System BLDG-25-03 40,000 40,000
Cold Storage Facility BLDG-25-04 2,179,885 2,179,885
CR 137 Improvements - Local Share CSAH-25-01 735,023 735,023
CSAH 36 Improvements - Local Share CSAH-27-01 1,125,000 1,125,000
CSAH 19 & CSAH 39 Intersection CSAH-28-01 350,000 350,000
414 - Capital Improvement Revolving Total 2,954,908 0 1,125,000 350,000 0 0 0 0 0 0 4,429,908
439 - Building & Property
Maintenance
Exterior Steel Entry Doors (PW)BLDG-25-01 55,620 55,620
Exterior Steel Entry Doors (PC)BLDG-25-02 24,720 24,720
Carpet Replacement (CH)BLDG-26-01 36,692 36,692
Water Heater Replacement (CH)BLDG-26-02 25,000 25,000
Window Replacement (PC)BLDG-26-03 44,000 44,000
Skylight Replacement (PC)BLDG-26-04 14,000 14,000
Fire Panel Replacement (CH)BLDG-27-01 69,000 69,000
IT Room HVAC (CH)BLDG-27-02 32,500 32,500
Council Chambers Dais - ADA BLDG-27-03 65,000 65,000
Exterior Lighting (CH/PW)BLDG-28-01 140,000 140,000
Exterior Lighting (PC)BLDG-28-02 24,000 24,000
Generator Replacement (PC)BLDG-29-01 81,000 81,000
Security Cameras & Door Access IT-25-01 50,600 50,600
Source Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total
Produced Using Plan-It CIP Software Page 3 / 5
Server & Network Improvements IT-25-02 110,000 110,000
Server System Replacement IT-30-01 134,775 134,775
439 - Building & Property Maintenance Total 240,940 119,692 166,500 164,000 81,000 134,775 0 0 0 0 906,907
601 - Drinking Water Utility
Ford F250 Extended Cab Pickup FLEET-25-10 24,750 24,750
Utilities - 2026-2034 Vehicles &
Equipment FLEET-26-04 140,750 121,981 20,500 33,050 28,750 25,000 64,762 0 434,793
Well #11 - New Municipal Well WATER-25-01 435,000 435,000
Annual Well & Equipment
Improvements #8 WATER-25-02 170,000 170,000
Trunk Watermain - Odean Avenue WATER-25-03 1,500,000 1,500,000
SCADA Instrumentation Improvements WATER-25-04 135,000 135,000
Water Treatment - Well House #4 WATER-26-02 6,300,000 1,000,000 7,300,000
Annual Well & Equipment
Improvements WATER-26-34 75,000 170,000 120,000 30,000 160,000 80,000 115,000 260,000 160,000 1,170,000
Water Treatment - Well House #3 WATER-27-02 1,000,000 5,000,000 6,000,000 12,000,000
Trunk Watermain WATER-27-34 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000
Central Water Facility - Phase 1 WATER-28-01 3,500,000 9,750,000 12,000,000 7,750,000 33,000,000
East & West Connection - Phase 2 WATER-28-02 400,000 2,000,000 100,000 2,500,000
Water Tower #3 Reconditioning WATER-28-03 27,000 1,750,000 1,777,000
Central Water Facility - Phase 2 WATER-35-01 50,000 400,000 5,000,000 6,000,000 11,450,000
601 - Drinking Water Utility Total 13,064,750 16,365,750 21,318,981 10,740,500 63,050 188,750 1,130,000 1,540,000 6,324,762 6,160,000 76,896,543
602 - Sanitary Sewer Utility
Jetter Truck FLEET-25-09 327,000 327,000
Ford F250 Extended Cab Pickup FLEET-25-10 74,250 74,250
Utilities - 2026-2034 Vehicles &
Equipment FLEET-26-04 422,250 365,942 61,500 99,150 86,250 75,000 194,285 0 1,304,377
West WWTF Expansion - WL1 SEWER-25-01 6,000,000 6,000,000
Sanitary Extension - Windsong to Kadler SEWER-25-02 350,000 350,000
LS Equipment & Reconditioning - #4/6/9 SEWER-25-03 195,000 195,000
Sanitary Extension - Kadler to Jalger SEWER-26-01 550,000 550,000
SCADA Instrumentation Improvements SEWER-26-02 50,000 125,000 175,000
LS Equipment & Reconditioning SEWER-26-34 610,000 113,000 145,000 225,000 760,000 110,000 145,000 765,000 205,000 3,078,000
West WWTF - Access Road SEWER-27-01 700,000 1,200,000 1,900,000
Source Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total
Produced Using Plan-It CIP Software Page 4 / 5
Lift Station - New Municipal Sanitary Lift
Station SEWER-27-02 200,000 2,000,000 2,200,000
WWTF GBT Equipment Replacement SEWER-29-01 250,000 2,250,000 2,500,000
East WWTF Expansion - EL1 SEWER-30-01 700,000 2,500,000 2,750,000 5,950,000
Lift Station - New Municipal Sanitary Lift
Station SEWER-32-01 400,000 3,900,000 4,300,000
West WWTF - Membrane Replacement SEWER-34-01 515,000 515,000
West WWTF - Solids Processing SEWER-34-02 250,000 1,750,000 2,000,000
Lift Station - New Municipal Sanitary Lift
Station SEWER-34-03 100,000 800,000 900,000
602 - Sanitary Sewer Utility Total 6,996,250 2,607,250 3,678,942 1,156,500 5,074,150 3,596,250 510,000 4,120,000 1,309,285 3,270,000 32,318,627
Issuance of Bonds
Fire & Emergency Services Station FIRE-25-01 18,707,868 18,707,868
Issuance of Bonds Total 18,707,868 0 0 0 0 0 0 0 0 0 18,707,868
GRAND TOTAL 45,445,430 27,075,999 30,393,003 16,084,008 8,341,489 6,969,842 3,116,611 9,179,236 10,741,895 13,124,291 170,471,804
Source Project #2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Total
Produced Using Plan-It CIP Software Page 5 / 5