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<br />• City Hall Front Door - $22,000 <br />• Replace Parking Lot Light Poles - $40,000 <br />• Community Cart for Parks - $17,000 <br />• Plow for Toolcat - $5,500 <br />• Snow Pusher - $4,000 <br />• Tire Machine - $4,000 <br />• Speed Board - $5,000 <br />• Dynamic Speed Limit Sign - $10,000 <br />• Truck 122 Repurpose - $6,000 <br />• Loader Bucket for John Deere - $17,000 <br />• Forklift - $20,000 <br />• Bobcat Snow Pusher - $15,000 <br />• Blower - $9,500 <br /> <br />Other 2026 Budget Changes - $155,000 <br /> <br />• Spooner Parks – Upgrade Bathrooms $40,000. An increase of $10,00 from the 2025-2034 CIP <br />• Truck 116 – An increase of $35,000 from the 2025-2034 CIP <br />• Dump Truck – An increase of $110,00 from the 2025-2034 CIP <br /> <br />II. 10% Fund (408) <br /> <br />Background: <br />The 10% Fund accounts for the amounts received and related to the City’s charitable gambling <br />contributions. These funds may only be used for expenditures identified in Minnesota Statutes, section <br />349.12(7)(a). <br /> <br />Source of Funds: <br />The 10% Fund receives 10% of net profits derived from lawful gambling in the City as identified in the City <br />Code 815.030 and as allowed by the State. The fund balance projections below include, beginning with <br />2026, a 5% annual contribution increase. This is only a conservative estimate based on historical trends. <br /> <br />Use of Funds: <br />Canadian Days fireworks ($19,000 per year) and other eligible council-approved programs and donations <br />(up to $5,000) are funded with this fund. There are sufficient revenues to fund the expenditures identified <br />for the next ten years. <br />