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City of Arden Hills, MinnesotaCapital Improvement PlanSOURCES AND USES OF FUNDS2021 2022 2023 2024 2025 2026 2027 2028 2029 2030Capital Improvement Funds (PIR)Beginning Balance 5,606,913 3,596,903 2,398,243 1,445,943 990,203 773,603 799,453 74,403 441,303 1,384,873 Revenues and Other Fund SourcesDonations - Bethel100,000 150,000 150,000 - - - - - - - Interest Income75,000 75,000 50,000 25,000 25,000 25,000 25,000 25,000 50,000 60,000 Net Assessments(755,510) (422,660) (447,300) (80,740) 144,400 105,850 174,950 447,900 643,570 643,570 Tax Levy250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 Total Revenues and Other Fund Sources(330,510) 52,340 2,700 194,260 419,400 380,850 449,950 722,900 943,570 953,570 Total Funds Available5,276,403 3,649,243 2,400,943 1,640,203 1,409,603 1,154,453 1,249,403 797,303 1,384,873 2,338,443 Expenditures and UsesPlayground Structure Replacement20-Park-003 (110,000) - - - (126,000) - (260,000) (276,000) - (144,000) Hazelnut Park Warming House21-Park-002(55,500) - - - - - - - - - Hard Court Reconstruction22-Park-001- (426,000) - - (80,000) - - (80,000) - - Perry & Cummings Park Roof Maintenance23-Park-004- - (55,000) - - - - - - - Park Shelter Roof Replacements26-Park-004- - - - - (120,000) - - - - Hazelnut Park Parking Lot27-Park-004- - - - - - (185,000) - - - Perry Park Parking Lot27-Park-005- - - - - - (240,000) - - - 2021 PMP - Hazelnut Neighborhood21-Str-005 (1,066,000) - - - - - - - - - Lexington Improvements21-Str-006(448,000) - - - - - - - - - Arden Oaks Neighborhood Streets22-Str-001- (350,000) - - - - - - - - Old Snelling Ave PMP, CR E - Hwy 5122-Str-003- (475,000) - - - - - - - - Colleen/Norma/Briar Knoll/Royal Hills/Arden Vista23-Str-001- - (900,000) - - - - - - - Karth Lake East Neighborhood Streets24-Str-001- - - (650,000) - - - - - - Tiller/Dunlap/Benton Way Resurface/Replace25-Str-001- - - - (430,000) - - - - - Cummings/Northwoods/Red Fox/Grey Fox Resurface26-Str-001- - - - - (235,000) - - - - Chatham/McCracken/Fairview/Brighton Way Resurface27-Str-001- - - - - - (490,000) - - - Total Expenditures and Uses(1,679,500) (1,251,000) (955,000) (650,000) (636,000) (355,000) (1,175,000) (356,000) - (144,000) Change in Fund Balance(2,010,010) (1,198,660) (952,300) (455,740) (216,600) 25,850 (725,050) 366,900 943,570 809,570 Ending Balance3,596,903 2,398,243 1,445,943 990,203 773,603 799,453 74,403 441,303 1,384,873 2,194,443 Mounds View High School Trail (net city cost)- - - (590,000) - - - - - - Snelling Avenue Trail (net city cost- - - (460,000) - - - - - - Adjusted Ending Balance3,596,903 2,398,243 1,445,943 (59,797) (276,397) (250,547) (975,597) (608,697) 334,873 1,144,443 $0.0$0.5$1.0$1.5$2.0$2.5$3.0$3.5$4.02021 2022 2023 2024 2025 2026 2027 2028 2029 2030Millions13
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