|
City of Arden Hills, MinnesotaCapital Improvement PlanSOURCES AND USES OF FUNDS2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033Surface Water Mgmt Utility FundsBeginning Balance339,121 510,511 (99,629) 271,621 236,161 613,881 44,671 317,711 557,561 913,761 890,831 Revenues and Other Fund SourcesOperating Revenue940,800 987,840 1,007,600 1,027,750 1,048,310 1,069,280 1,079,970 1,090,770 1,101,680 1,112,700 1,123,830 Grants- - - - - - - - - - - Total Revenues and Other Fund Sources940,800 987,840 1,007,600 1,027,750 1,048,310 1,069,280 1,079,970 1,090,770 1,101,680 1,112,700 1,123,830 Expenses and UsesArden Oaks Neighborhood StreetsStreets (22,820) - - - - - - - - - - Old Snelling Ave/CR E Intersection Improvements Streets (80,520) - - - - - - - - - - 2024 PMPStreets - (978,000) - - - - - - - - - 2026 PMPStreets - - - (410,000) - - - - - - - 2028 PMPStreets - - - - - (950,000) - - - - - 2030 PMPStreets- - - - - - - (125,000) - - - 2032 PMPStreets- - - - - - - - - (370,000) - Sanitary Sewer Lining - Venus NeighborhoodSewer- - - - - - (100,000) - - - - Operating Expenses(592,070) (545,980) (562,350) (579,210) (596,590) (614,490) (632,930) (651,920) (671,480) (691,630) (712,380) Transfer to Equipment Fund(74,000) (74,000) (74,000) (74,000) (74,000) (74,000) (74,000) (74,000) (74,000) (74,000) (74,000) Total Expenses and Uses(769,410) (1,597,980) (636,350) (1,063,210) (670,590) (1,638,490) (806,930) (850,920) (745,480) (1,135,630) (786,380) Change in Fund Balance171,390 (610,140) 371,250 (35,460) 377,720 (569,210) 273,040 239,850 356,200 (22,930) 337,450 Ending Balance 510,511 (99,629) 271,621 236,161 613,881 44,671 317,711 557,561 913,761 890,831 1,228,281 Minimum Cash Balance Goal617,495 935,754 702,886 1,283,314 427,123 (3 months expenses and uses +100% of year 1 + 1/2 of year 2 +1/3 of year 3 + 1/4 of year 4 +1/5 of year 5 capital outlay)‐$0.5$0.0$0.5$1.0$1.52024 2025 2026 2027 2028 2029 2030 2031 2032 2033Millions72
|