City of Arden Hills, Minnesota
<br />Capital Improvement Plan
<br />SOURCES AND USES OF FUNDS
<br />2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
<br />Capital Improvement Funds (PIR)
<br />Beginning Balance 5,605,204 2,687,453 2,490,889 1,551,981 1,702,934 576,017 1,239,637 438,829 1,525,269 90,694
<br />Revenues and Other Fund Sources
<br />PPD Special Assessments 294,200 344,000 520,000 600,000 560,000
<br />Special Assessments 293,628 375,844 299,501 383,361 305,491 391,028 311,600 398,848 317,832 406,825
<br />MSA State Street Aid (cash basis)53,882 315,000 315,000 315,000 315,000 315,000 315,000 315,000 315,000 315,000
<br />LGA 121,470 122,592 122,592 122,592 122,592 122,592 122,592 122,592 122,592 122,592
<br />Grants - 110,000 330,000 - - - - - - -
<br />Tax Levy 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
<br />Total Revenues and Other Fund Sources 1,013,180 1,173,436 1,661,093 1,070,953 1,513,083 1,078,620 1,599,192 1,086,440 1,565,424 1,094,417
<br />Expenditures and Uses
<br />Hard Court Rehabilitation Parks - (540,000) - (110,000) - - - - - (65,500)
<br />Arden Manor/Floral Park Improvements Parks (730,867) - - - - - - - - -
<br />Cummings Park Roof Maintenance Parks - (45,000) - - - - - - - -
<br />Playground Structure Replacement Parks - (300,000) - (400,000) - (200,000) - - - (200,000)
<br />Park Shelter Replacements Parks - (170,000) - - - (85,000) - - - -
<br />MN-51 Trail Connection Parks - - (880,000) - - - - - - -
<br />Hazelnut Park Parking Lot Parks - (315,000) - - - - - - - -
<br />Perry Park Improvements Parks - - - (410,000) - - - - - -
<br />Old Highway 10 Trail, Lake Valentine to Hwy 96 Parks (108,778) - - - - - - - - -
<br />Arden Oaks Neighborhood Streets Streets (42,100) - - - - - - - - -
<br />Lexington Improvements Streets (30,665) - - - - - - - - -
<br />Old Snelling Ave/CR E Intersection Improvements & MVHS Trail Streets (1,382,321) - - - - - - - - -
<br />2024 PMP Streets (1,636,200) - - - - - - - - -
<br />2026 PMP Streets - - (1,720,000) - - - - - - -
<br />2028 PMP Streets - - - - (2,640,000) - - - - -
<br />2030 PMP Streets - - - - - - (2,400,000) - - -
<br />2032 PMP Streets - - - - - - - - (3,000,000) -
<br />Sanitary Sewer Lining - Venus Neighborhood Sewer - - - - - (130,000) - - - -
<br />Total Expenditures and Uses (3,930,931) (1,370,000) (2,600,000) (920,000) (2,640,000) (415,000) (2,400,000) - (3,000,000) (265,500)
<br />Change in Fund Balance (2,917,751) (196,564) (938,907) 150,953 (1,126,917) 663,620 (800,808) 1,086,440 (1,434,576) 828,917
<br />Ending Balance 2,687,453 2,490,889 1,551,981 1,702,934 576,017 1,239,637 438,829 1,525,269 90,694 919,611
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