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5. Summary - Fund 401 - Capital Improvement
CAPITAL IMPROVEMENTS (FUND 401) FUND BALANCE Revenue $ 2018 2019 2020 2021 2022 2023 2024 2025 Account Description Actual 1 Budget 1 Proposed Proposed I Proposed I Proposed I Proposed I Proposed FUND BALANCE Revenue $ 448,885 $ 228,000 $ 33,500 $ 18,500 $ 3,500 $ 3,500 $ 3,500 $ 3,500 Expenditures $ 224,691 $ 198,000 $ 335,000 $ 215,000 $ 80,000 $ - $ 148,000 $ 23,000 Net Revenues (Expenditures) $ 224,194 $ 30,000 $ (301,500) $ (196,500) $ (76,500) $ 3,500 $ (144,500) $ (19,500) Balance January 1 $ 403,602 $ 627,796 $ 657,796 $ 356,296 $ 159,796 $ 83,296 $ 86,796 $ (57,704) Balance December 31 $ 627,796 $ 657,796 $ 356,296 $ 159,796 $ 83,296 $ 86,796 $ (57,704) $ (77,204) Interfund Loan from (to) Park Capital Fund $ 9,000 $ 6,000 $ 6,000 $ 5,000 1 1 1 1 1 Advance from (to) 201 Sewer Fund $ 2,639 $ 2,639 $ 2,639 $ 2,639 1 $ 2,639 1 $ 2,639 1 $ 2,639 1 $ 2,639 CASH BALANCE 12/31 $ 593,044 $ 631,683 $ 338,822 $ 149,962 $ 76,101 $ 82,240 $ (59,621) $ (76,482) E� CAPITAL IMPROVEMENTS (FUND 401) Account Description 2018 Actual 2019 Budget 1 2020 Proposed 2021 Proposed I 2022 Proposed 2023 I Proposed 2024 I Proposed 2025 I Proposed EXPENDITURES BY DEPARTMENT General Holiday decorations $ 5,785 $ 3,000 Gateway trail pre -development $ 20,206 $ 90,000 Bliss Addition Stormwater plan $ 30,000 MNDOT entry monuments $ 50,000 Cold storage building $ 75,000 Information Technology Broadband Feasibility Study $ 9,350 Broadband Implementation Community Building Building lighting conversion to LED $ 33,285 HVAC & furnace replacement $ 30,000 Skateboard ramps $ 12,000 Playground equipment $ 115,000 Tennis court resurfacing $ 52,885 Window $ 3,180 Community Center ADA $ 18,000 Fire Emergency Generator $ - $ 60,000 HVAC replacement $ 15,000 $ 25,000 LED lighting improvements $ 30,000 Parking lot $ 75,000 Second fire station $ 175,000 Roof replacement $ 100,000 Weather asiren - additional $ 25,000 Exhaust removal system $ 48,000 Well pump $ 23,000 $ 124,6911 $ 198,000 1 $ 335,000 1 $ 215,000 1 $ 80,000 1 $ - 1 $ 148,000 1 $ 23,000