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•Bobcat Snow Pusher - $15,000 <br />•Asphalt Roller Trailer - $13,000 <br />Parks & Recreation: The proposed CIP budget for 2026 includes $1,002,000 <br />•Spooner Park – Upper Parking Lot Expansion - $165,000 <br />•Spooner Park – Entrance Sign - $50,000 <br />•Spooner Park – Upgrade Bathrooms - $40,000 <br />•Rink Boards Replacement - $80,000 <br />•Wayfinding Program Signs - $80,000 <br />•Community Building - $250,000 <br />•Pioneer Park – Softball Field Sand Injection - $22,000 <br />•Dog Park Site Furnishings - $8,500 <br />•Pioneer Park Vegetation Restoration - $93,000 <br />•Pioneer Park – Soccer Field Repairs - $9,000 <br />•Pioneer Park Signage - $15,000 <br />•Thunder Bay Park – Vegetation Restoration - $9,000 <br /> - <br /> 1,000,000 <br /> 2,000,000 <br /> 3,000,000 <br /> 4,000,000 <br /> 5,000,000 <br /> 6,000,000 <br />2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 <br />General Capital Improvement Fund 400 - Expenditures <br />Administration Buildings Parks & Recreation Public Works Equipment <br />Fund Outlook: <br />As it can be noted below that the fund continues to remain healthy overall, primarily due to a large Fund <br />Balance transfer from the General Fund in 2025 of $750,000. Per City Finance Policy, a transfer from the <br />General Fund to the General Capital Improvement Fund can be done if the General Fund unassigned fund <br />balance rises above the required range. The unassigned fund balance for the General Fund needs to be <br />between 42.5% and 65% of the following year's General Fund budgeted expenditures. At the end of 2024, <br />the unassigned General fund balance was at 76.25% of next year's budgeted General fund expenditures. <br />After the transfer, the General Fund balance was approximately 62%. However, there are a couple of <br />negative years (2033 and 2035) where the City might need either additional revenues from the General <br />Fund or an increase in levy. <br />5