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Budget Impact Below are cost tables related to the City's items. Roundabout Costs Overall Project Costs Water & Sanitary sewer improvements $447,173.50 Street & Storm Sewer improvements (MSA) $419,736.33 Design & construction admin (PIR) $79,111.83 ROW acquisition & admin (*MSA) $329,212.05 Total City Actual Costs - Final $1,275,233.71 Roundabout Budget vs. Actual Cost Funding Source Budget Actual Cost Over/(Under) State Bonding Bill $510,000 $447,174 -$62,827 MSA $450,000 $748,948 $298,948 PIR $0 $79,112 $79,112 Utility Fund $287,000 $0 -$287,000 Total $1,247,000 $1,275,234 $28,234 *The above right of way (ROW) acquisition costs were estimated at $471,898. The Lindey's Steakhouse parking lot has been constructed, with actual costs to the City totaling $212,520.80. All ROW acquisition costs are MSA eligible for the roundabout project. MVHS Trail Costs Final project costs Trail Improvements (SRTS) $360,847.47 Street Improvements (MSA) $117,472.88 Construction Engineering (MSA) Design (PIR) ROW acquisition (MSA) Total City Costs MVHS Budget vs. Actual Cost Funding Source Budget $9,566.41 $172,976.02 $32,700.00 $693,562.78 Actual Cost Over/(Under) SRTS $450,000 $360,847 -$89,153 MSA $0 $159,739 $159,739 PIR $200,000 $172,976 -$27,024 Total $650,000 $693,563 $43,563 Actual project expenditures exceed the project budget by $71,796.49. This is primarily due to the Right -of -Way acquisition costs being higher than expected during the planning phase of the project. While the PIR fund currently has a sufficient balance to cover the overage, Council will need to revisit the projected depletion of these funds during the Summer 2026 budget sessions for the 2027 fiscal year. Attachments Attachment A: Ramsey County invoice for City Construction Engineering fees and Construction Page 2 of 2