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FUND 401 - 2026 TO 2031
CITY OF SCANDIA Financial Management PlanCapitalInvestmentFund4014CIPInflation Factor4.00%4.00%4.00%4.00%4.00%4.00% 202620272028202920302031ProjectedREVENUE401-310005RProperty taxes85,00050,000 50,000 50,000 50,000 50,000401-334226RIntergovernmental000000401-310007RCapital Improvement Debt Levy96,75096,75096,750162,717162,717162,717401-319518RSpecial assessments552563574585597609401-362109RInvestment Income19,29520,93621,39521,71317,67917,218401-3625010RRefunds and Reimbursements401-3920011RInterfund Operating Transfer12RRental and lease income00000013RMiscellaneousRevenue00000014TotalRevenue201,597168,249168,719235,015230,993230,544 EXPENSES15Total Current00000016Debtservice92,14392,14392,143154,968154,968154,96817TotalCapitalProjects045,551805,350348,985106,748111,01818TotalExpenses92,143137,695897,493503,953261,716265,986 CASH FLOW ANALYSIS19Revenue Over / (Under) Expenses109,45430,555(728,774)(268,939)(30,724)(35,443) OTHER FINANCING SOURCES / (USES) 401-3931020RBond Proceeds 750,000401-3920021RTransfers In from General Fund000000401-48000-72022ETransfers Out to Sewer Fund401-48000-72023ETransfers Out- 24Total Other Sources / (Uses)00750,00000025PriorPeriodAdjustmentsEndingFundBalance1,395,7591,426,3141,447,5401,178,6011,147,8771,112,43526 CITY OF SCANDIA Financial Management PlanCapitalInvestmentFund4014CIPInflation Factor4.00%4.00%4.00%4.00%4.00%4.00% MultipleProject2021202620272028202920302031CapitalProjectNameYear?First YearCostsProjected28E401-41000-530Broadband Expansion2021 250,000 - - - - - - 29E401-41000-530Broadband Expansion2022 307,000 - - - - - - 30E401-41000-530Broadband Expansion2023 307,000 - - - - - - 31E401-41000-530Broadband Expansion2024 250,000 - - - - - - 401-45180-52032ECommunity Center HVAC Replacement2022 30,000 - - - - - - 401-45180-52033ECommunity Center Front Door2023 20,000 - - - - - - 401-45180-52034ECommunity Center Upgrade2021 15,000 - - - - - - 401-45180-52035ECommunity Center Upgrade2028 600,000 - - 789,559 - - - 401-45180-52036EAnnex Roof Replacement2021 18,000 - - - - - - 401-42200-530 Jaws ofLife37E2028 12,000 - - 15,791 - - - 401-41000-52038EFinancial Mgmt Plan/Develop Code Update2021 45,000 - - - - - - 401-42200-520 Back-up Generator for Fire Hall39E2021 20,000 - - - - - - 401-42200-520 2nd Fire Station40E2025 180,000 - - - 246,342 - - 119,000401-42200-520 FD/PW Bldg Roof Replacement41E2021 - - - - - - 401-42200-520 Exhaust removal system42E2024 48,000 - - - - - - 401-42200-53043EFireDepartment Radio Replacement2021 117,000 - - - - - - CASH FLOW ANALYSIS401-42200-530 Warning Sirens44E2024 20,000 - - - - - - 401-42200-530 Thermo Cameras45E2027 8,000 - 10,123 - - - - 401-42200-530 UTV/Trailer46E2027 28,000 - 35,429 - - - - 401-41000-520 Arts & Heritage Center Amphitheater47E2023 30,000 - - - - - - 48E401-43000-520Cold Storage Building2024 80,000 - - - - - - Capital Project Outlay Option III401-43000-530 Radio Replacement49E2021 10,000 - - - - - - 401-48000-43550EBlissAdditions Stormwater plan2022 225,000 - - - - - - 401-48000-43551EBlissAdditions Stormwater plan2023 225,000 - - - - - - 401-48000-43552EBlissAdditions Stormwater plan2024 100,000 - - - - - - 401-48000-43553EBlissAdditions Stormwater plan2025 35,000 - - - - - - 54ELayton Avenue N Segment Repair 47,000 - - - - - - 401-45180-53055ECommunity Center Land Survey2021 6,000 - - - - - - 401-45180-53056ECommunity Center Playground Contribution2022 57,000 - - - - - - 401-45180-53057EDefibulator Replacement FD2021 36,100 - - - - - - 401-48000-43558ECIP placeholderYes2029 75,000 - - - 102,643 106,748 111,01890TotalCapitalProjects3,320,100 - 45,551 805,350 348,985 106,748 111,018