Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
404 Fund - Parks
1 CITY OF SCANDIA 2 Capital Improvement Plan 3 Park Investment Fund 404 4 5 Inflation Assumptions 6 Revenue (Non-property tax) 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 7 Interest Earnings 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 8 Expenses 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 9 CIP Inflation Factor (thru Jun of the previous year) 4.05% 3.36% 2.65% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 10 11 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 12 Estimated Approved Proposed 13 ANNUAL TAX LEVY 40,000 20,000 20,529 21,145 21,779 22,432 23,105 23,798 24,512 25,247 14 Percent Change in Annual Tax Levy -33.33% -50.00% 2.65% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 15 16 REVENUE 17 Property Taxes 40,000 20,000 20,529 21,145 21,779 22,432 23,105 23,798 24,512 25,247 18 Franchise Taxes - - - - - - - - - - 19 Special Assessments - - - - - - - - - - 20 Licenses, Permits, and Fees - - - - - - - - - - 21 Intergovernmental - - - - - - - - - - 22 Charges for Services - - - - - - - - - - 23 Fines & Forfeits - - - - - - - - - - 24 Investment Earnings (Losses) 66 - - - - - - - - - 25 Miscellaneous Revenues - - - - - - - - - - 26 Total Revenue 40,066 20,000 20,529 21,145 21,779 22,432 23,105 23,798 24,512 25,247 27 28 EXPENSES 29 Current - 30 General Government - - - - - - - - - - 31 Public Safety - - - - - - - - - - 32 Public Works - - - - - - - - - - 33 Parks and Recreation - - - - - - - - - - 34 Economic Development - - - - - - - - - - 35 Total Capital Projects 93,000 - 14,674 200,000 40,000 117,391 - - - - 36 Long Term Debt Principal - - - - - - - - - - 37 Long Term Debt Interest and Fiscal Agent Fees - - - - - - - - - - 38 Total Expenses 93,000 - 14,674 200,000 40,000 117,391 - - - - 39 40 Revenue Over / (Under) Expenses (52,934) 20,000 5,855 (178,855) (18,221) (94,959) 23,105 23,798 24,512 25,247 41 42 OTHER FINANCING SOURCES / (USES) 43 Bond Issuance and Premiums - - - - - - - - - - 44 Sale of Capital Assets - - - - - - - - - - 45 Transfers In - - - - - - - - - - 46 Transfers Out - - - - - - - - - - 47 Total Other Sources / (Uses) - - - - - - - - - - 48 49 Prior Period Adjustments - - - - - - - - - - 50 Ending Fund Balance (1,223) 4,632 10,488 (168,367) (186,588) (281,547) (258,442) (234,644) (210,132) (184,885) 51CASH FLOW ANALYSIS 1 CITY OF SCANDIA 2 Capital Improvement Plan 3 Park Investment Fund 404 4 5 Inflation Assumptions 6 Revenue (Non-property tax) 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 7 Interest Earnings 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 1.50% 8 Expenses 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 9 CIP Inflation Factor (thru Jun of the previous year) 4.05% 3.36% 2.65% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 3.00% 10 52 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 53 Priority Project #Capital Project Name Estimated Approved Proposed 54 55 PR-043 Community Center Park-concrete, grill, table, benches 56 PR-048 Lilleskogen Praire/Wetland Restoration Project 57 PR-050 Ballfield Reconstruction - Erickson ballfield 40,000 58 PR-054 Lilleskogen Park Picnic Shelter 59 PR-055 Hay Lake Park - sign 60 PR-057 Playground Equipment - Community Center Park 61 PR-057 Replace rink boards 62 PR-058 Tennis Court/Pickle Ball - repaint 115,000 63 PR-059 Hay Lake Park Shelter water & doors 117,391 64 PR-060 Park Planning 65 PR-061 Park signage at Orwell Park (Liten) 66 PR-063 Gateway Trail Improvements @ Annex - 67 PR-064 Playground Equipment - Erickson ballfield 100,000 68 PR-066 Expanded Pleasure Rink 14,674 69 Wayne Erickson Pavillion/Storage 100,000 70 71 - - - - - - - - - 72 Total Capital Projects 93,000 - 14,674 200,000 40,000 117,391 - - - -