2024-12-11 CC Packet - Revised - Laserfiche WebLink

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Metro-INET recommends computer equipment be replaced every five years. We attempt to keep them longer if they are in good physical shape and still support the current software platforms, but we had to replace two computers this year. We moved $9,000 out of the original $12,000 to next year and updated the amounts in later years. The Fire Hall roof replacement has been moved out to 2034 based on the recent assessment of its condition related to the installation of solar panels. Park & Recreation We made major changes to the park replacement schedule earlier this year. We now have a plan to replace all our playground equipment in the next 15 years. Those changes as adopted at the September 11 council meeting are reflected in the attached schedule. Public Works We have many changes in this area due to truck purchases. We purchased a 1-ton truck that Council authorized but did not sell the old one. We will need to replace that truck for snow plowing and summer help purposes, since we have been limited in our ability to purchase vehicles through the state Cooperative Purchasing Venture due to manufacturer restrictions. We have also moved a pickup that we chose not to replace this year to 2024 with a 5% increase included in the price. This is based on what staff expects with the UAW wage increases and general inflation trends. We have also included those replacements in six years again based on our general practice to maximize resale value. We also did the same for the pickups purchased in 2021 for replacement in 2027. The biggest change comes from the two dump/plow trucks. Lino Lakes replaced two trucks in 2023 and their cost was $310,000. If we use that information and a 3% inflation factor, then we come to the $329,000 price included for next year on the 2001 Sterling Truck. We inflated that figure by 3% annually to get the 2007 Sterling Truck replacement in 2031. Cash Flow The big change we made to the revenue schedule was to add the $100,000 in additional transfer from the General Fund that Council made in September of this year. That added to the $250,000 proposed with the current action brings us to a total transfer in of $350,000 for the year. We continued the proposed $60,000 annual transfers in the following years along with a 3% inflation factor. These transfers are justifiable based on the amount of use this equipment gets in performing enterprise fund related tasks. Having said all this, the fund goes into deficit in 2025 with the purchase of the new dump truck without a cash infusion and stays in deficit with the purchase of the second dump truck. These are once in 20+ year purchases.