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ARDEN HILLS CITY COUNCIL WORK SESSION — SEPTEMBER 22, 2025 11 Fund Balance of $5.5 million through 2035 and would result in a $180,000 or 2.99% levy increase. There would be low Fund Balances in 2028, 2030 and 2032. The 2026 levy would start at $430,000 and would end in 2035 at $2.1 million. Finance Director Yang said scenario D9 assumes no bonding and no shift in PMP expenditures. The levy is increased by $240,000 in 2026 and annually, thereafter. This would achieve a positive Fund Balance of $8.8 million through 2035 and would result in a $240,000 or 3.98% levy increase in 2026. The 2026 levy would start at $490,000 and would end in 2035 at $2.7 million. Finance Director Yang said scenario D 10 assumes no bonding and no shift in PMP expenditures. The levy is increased by $300,000 in 2026 and annually, thereafter. This would achieve a positive Fund Balance of $12.1 million through 2035 and would result in a $300,000 or 4.98% levy increase in 2026. The 2026 levy would start at $550,000 and would end in 2035 at $3.25 million. Finance Director Yang said scenarios El and E2 are very similar. E2 assumes we're excluding the prepaid special assessment portion. The levy increase will be slightly lower in E2 vs E1. Scenario El assumes bonding for the 2026 PMP project and shifting the PMP project expenditures. The levy is increased by $163,000 in 2026 and annually, thereafter, to help cover the debt service. This would achieve a positive Fund Balance of $2.1 million through 2033 and would result in a $163,000 or 2.7% levy increase in 2026. The 2026 levy would start at $413,000 and would end in 2035 at $413,000. Finance Director Yang said scenario E2 assumes bonding for the 2026 PMP project and shifting the PMP project expenditures. The levy is increased by $134,000 in 2026 and annually, thereafter, to cover the debt service. This would achieve a positive Fund Balance of $1.7 million through 2033 and would result in a $144,000 or 2.2% levy increase in 2026. The 2026 levy would start at $384,000 and would end in 2035 at $384,000. Both scenario E options only get us to 2033. Finance Director Yang said scenario F assumes bonding for the 2026 PMP project and no shift in PMP project expenditures. The levy is increased by $163,000 in 2026 and annually, thereafter, to cover the debt service. The levy is then increased by an additional $100,000, starting in 2026 and annually thereafter. This would achieve a positive Fund Balance of $3.4 million through 2035 and would result in a $263,000 or 4.36% levy increase in 2026. The 2026 levy would start at $513,000 and would end in 2035 at $1.413 million. Finance Director Yang said scenario F1 assumes bonding for the 2028 PMP project and no shift in PMP project expenditures. The levy is increased by $75,000 starting in 2026 and annually thereafter. The levy is then increased by an additional $216,000, starting in 2028 and annually thereafter to cover the debt service. This would achieve a positive Fund Balance of $2.7 million through 2035 and would result in a $75,000 or 1.24% levy increase in 2026. The 2026 levy would start at $325,000. The debt service would start in 2028 and the levy would be $691,000 and would end in 2035 at $1.2 million. Finance Director Yang said scenario F2 assumes bonding for the 2028 PMP project and no shift in PMP project expenditures. The levy is increased by $100,000 starting in 2026 and annually thereafter. The levy is then increased by an additional $216,000, starting in 2028 and annually thereafter to cover the debt service. This would achieve a positive Fund Balance of $4.1 million through 2035 and would result in a $100,000 or 1.66% levy increase in 2026. The 2026 levy