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Attachment 4 <br />107 Provide a Modern and Sustainable <br />108 Infrastructure <br />109 The Capital Improvement Plan (CIP) presented to the City Council on July 15, 2024,showedno <br />110 new levy increase going towards capital funds. Instead, the City Manager is proposing to utilize <br />111$525,000 of the excesscash reserve fund to bolster targeted capital fundsas follows: <br />112 <br />113$200,000 for the Police Vehicle and Equipment Fund <br />114$150,000 for the Public Works Vehicle and Equipment Fund <br />115$50,000 for the Parks and Recreation Vehicle and Equipment Fund <br />116$25,000 for the Streetlight Maintenance Fund <br />117$100,000 for the Pathway and Parking Lot Maintenance Fund <br />118 <br />119 Future levy increases and/or issuance of debt will be necessary to fund the capital improvement <br />120 needs of the city beyond 2025. The use of the Excess Cash Reserve fund has been determined to <br />121 be the solution to stabilize targeted capital funds in 2025 in lieu of new tax levy increases. <br />122 <br />123 Police Vehicle and Equipment Fund ($200,000 transfer from Excess Cash Reserve Fund) <br />124 <br />125 <br />126 <br />127 <br />128 <br />Qbhf!63!pg!345 <br /> <br />