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Table I
<br />Capital Improvements Program
<br />2016-2020
<br />EXPENDITURES BY PROGRAM CATEGORY & METHOD OF FINANCING
<br />2016 2017 2018 2019 2020 TOTAL Percent
<br />Expenditures
<br />Program Category
<br /> Municipal Buildings $1,385,000 $435,000 $518,000 $675,000 $475,000 $3,488,000 3.1%
<br /> Recreational Facilities 489,500 344,500 1,069,500 1,029,500 989,500 $3,922,500 3.5%
<br /> Parks, Trails and Open Space 1,084,000 1,149,000 490,000 795,000 575,000 $4,093,000 3.7%
<br /> Major Equipment 3,548,100 3,162,900 3,685,800 3,091,400 2,923,200 $16,411,400 14.7%
<br /> Street Improvements*10,810,000 12,565,000 5,870,000 15,825,000 4,475,000 $49,545,000 44.4%
<br /> Storm Drainage Improvements*3,300,000 1,300,000 1,400,000 1,600,000 1,200,000 $8,800,000 7.9%
<br /> Water & Sewer System Imp 8,423,000 4,971,000 4,757,000 5,285,000 1,895,000 $25,331,000 22.7%
<br />Total Expenditures $29,039,600 $23,927,400 $17,790,300 $28,300,900 $12,532,700 $111,590,900 100.0%
<br />Hennepin County Road Projects $0 $0 $0 $0 $0 $0
<br />Method of Financing
<br />City Funding
<br /> Property Taxes †$11,938,000 $12,949,000 $8,454,000 $13,704,300 $7,861,400 54,906,700 49.2%
<br /> User Fees 12,873,600 7,059,800 7,723,100 7,520,100 3,787,300 38,963,900 34.9%
<br /> Community Investment Fund 250,000 150,000 500,000 500,000 500,000 1,900,000 1.7%
<br /> Other **1,893,700 2,181,100 1,042,200 1,494,000 313,000 6,924,000 6.2%
<br />Subtotal City Funding $26,955,300 $22,339,900 $17,719,300 $23,218,400 $12,461,700 $102,694,600 92.0%
<br />Other Funding
<br /> Municipal State Aid $2,000,000 $1,500,000 $0 $5,000,000 $0 8,500,000 7.6%
<br /> Other ***84,300 87,500 71,000 82,500 71,000 396,300 0.4%
<br />Subtotal Other Funding $2,084,300 $1,587,500 $71,000 $5,082,500 $71,000 $8,896,300 8.0%
<br />Total Method of Financing $29,039,600 $23,927,400 $17,790,300 $28,300,900 $12,532,700 $111,590,900 100.0%
<br /> † Amounts are budgeted costs, not levy levels.
<br />* Includes city portions of Hennepin County road projects.
<br />** Includes franchise fees, Development Fund, Grants and forfeiture/seizure fines.
<br />*** Includes funds from the City of Hopkins, Minnetonka School District, Hennepin County and Hopkins School District.
<br />Item #4: Attachment A
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