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Project <br />Fund Source <br />Amount <br />Arden Oaks ADA Improvements <br />Capital Improvement <br />67,500 <br />GRG Floral Park NRMB <br />Capital Improvement <br />5,225 <br />GRG Hazelnut Park & Chatham NRMB <br />Capital Improvement <br />4,000 <br />Hard Court & Trail Rehabilitation <br />Capital Improvement <br />200,000 <br />Lake Johanna Blvd Trail - Planning/Design <br />Capital Improvement <br />100,000 <br />Parks Master Plan <br />I Capital Improvement <br />10,000 <br />Snelling Ave N. & Royal Hills Trail Improvements <br />Capital Improvement/Park Dedication Fees <br />450,000 <br />2026 PMP <br />Capital hnprovement/Enterprise Funds <br />3,300,000 <br />Hamline Avenue N Trail Connection Improvement <br />Capital Improvement/Grants <br />160,000 <br />Gateway Signs <br />I EDA <br />180,000 <br />Auto Greaser Installation for Asset 85135 <br />Equipment/Building Replacement <br />11,500 <br />Pipeline Inspection Push Camera System <br />Equipment/Building Replacement <br />12,000 <br />Replace 1996 Redi-Haul Trailer #108 <br />Equipment/Building Replacement <br />18,000 <br />Replace 2009 Sterling Acterra Truck #431 <br />Equipment/Building Replacement <br />144,500 <br />Replace 2016 F-350 w/V--Plow and Liftgate 9215 <br />Equipment/Building Replacement <br />85,000 <br />Replace 2018 Toro Large Area Mower #457 <br />Equipment/Building Replacement <br />114,000 <br />Turf Fertilizer and Herbicide Sprayer <br />Equipment/Building Replacement <br />25,000 <br />LJFD General Equipment <br />Public Safety <br />203,254 <br />LJFD Rescue/Command/Utility Vehicle Replacement <br />Public Safety <br />51,240 <br />LJFD Engine/Ladder Replacement <br />Public Safety <br />145,180 <br />Lift Station Rehabilitation <br />Sewer <br />190,000 <br />Lake Johanna Blvd Watermain Assessment <br />Water <br />20,000 <br />Trunk Water Main Condition Assessment <br />Water <br />20,000 <br />Water Meter Replacement <br />Water <br />530,000 <br />Water System Model Update <br />Water <br />42,750 <br />Water Tower Maintenance <br />Water <br />12,000 <br />Total Projects <br />$ 6,101,149 <br />Enterprise Funds <br />The City has four enterprise funds that finance business -type activities. A rate study was completed in <br />2018 for the Water, Sewer and Surface Water Management funds. The recommended rate increases are <br />reflected in the revenue budgets and will be included on the 2026 Fee Schedule for the City. The <br />proposed increases are as follows: Water — 4%; Sewer — 3%; Storm — 6%. Below is a comparison of <br />utility fees for 2024, 2025 and 2026 based on proposed rates and for a household using 9,000 gallons <br />per quarter with a 3/4" meter size or smaller. <br />Utility Charges <br />Water <br />Sewer <br />Storm <br />2024 2025 2026 <br />$ 79.16 $ 79.16 $ 83.22 <br />$129.06 $140.68 $149.11 <br />$ 17.39 $ 17.91 $ 18.45 <br />TOTAL $ 225.61 $ 237.75 $ 250.78 <br />Property Values, Taxes and Tax Rates <br />At the September 29, 2025 Special City Council Meeting, Council set the preliminary levy at <br />$7,132,267, which is an increase of $1,104,255 or 18.32% over 2025. At that time, the preliminary levy <br />assumed a balanced levy increase of $1,089,255, a $180,000 PIR levy increase, plus an offset of <br />($165,000) from excess franchise fees. <br />According to information provided by Ramsey County, the median home value in Arden Hills will <br />increase from $480,900 for 2025 taxes to $496,400 for 2026 taxes, an increase of 3.22%. The annual <br />impact of an 18.32% City levy increase to a residential median home value is as follows (City tax <br />amount only): <br />Page 4 of 7 <br />