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ARDEN HILLS CITY COUNCIL WORK SESSION — SEPTEMBER 22, 2025 12 would start at $350,000. The debt service would start in 2028 and the levy would be $766,000 and would end in 2035 at $1.46 million. Finance Director Yang said scenario G assumes bonding for the 2026 PMP project and shifting the PMP project expenditures. The levy is increased by $163,000 starting in 2026 to cover the debt service. The levy is then increased by an additional $50,000, annually to build up the reserves. This would achieve a positive Fund Balance of $2.7 million through 2035 and would result in a $213,000 or 3.53% levy increase in 2026. The 2026 levy would start at $460,000 and would end in 2035 at $913,000. Finance Director Yang said scenario J assumes bonding for the 2028 PMP project and shifting the PMP project expenditures. The levy is increased by $216,000 to cover the debt service starting in 2028. The levy is also increased by an additional $50,000, annually starting in 2026 and thereafter. This would achieve a positive Fund Balance of $3.5 million through 2035 and would result in a $50,000 or 0.83% levy increase in 2026. The 2026 levy would start at $300,000. The 2028 would be $616,000 and would end in 2035 at $966,000 million. Finance Director Yang said depending on whether we shift the PMP expenditures or not and depending on if we bond now, Staff is recommending scenarios D1, D10 F2 or J. Councilmember Holden said there is a section in the charts called General Government Administration. Under it there is a category called Long Range Comprehensive TCAAP planning. She asked why that's not under General Government TCAAP. Finance Director Yang said TCAAP does fall under the General Fund. Councilmember Holden said it's in its own category. She is wondering why part of TCAAP is under General Government Administration and not under the General Government TCAAP. Finance Director Yang said it is based on history and how the funds were developed. This was before her time at the City. A separate fund for TCAAP was added. At some point it was decided that we weren't going to utilize that fund anymore. It would all be rolled into the General Fund. Councilmember Holden doesn't remember that. She said we were trying to keep track of the costs of TCAAP based on reimbursement and everything. She asked how much of the $544,000 was TCAAP-related. She wants to make sure it's in the right category. She doesn't need to know today. It will be under General Administration no matter what, but she wants to make sure if we're supposed to be getting reimbursed, it should be under the General TCAAP. Finance Director Yang said there are personnel expenditures being allocated to that TCAAP department and contractual services. Councilmember Holden is wondering why it isn't all under General because it should be. We were keeping track because we were supposed to be reimbursed. Finance Director Yang will look into it. Mayor Grant said there were just ten minutes left before the Regular City Council Meeting.