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08-14-25 City Council Workshop Packet
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08-14-25 City Council Workshop Packet
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8/8/2025 3:17:39 PM
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Capital Levies <br />2025 2026 <br />Capital Levies <br />Infrastructure Reserve 93,333 500,000 <br />City Center CIP 50,000 120,000 <br />Park CIP 100,000 100,000 <br />Ballpark Fund (I.L.)250,000 <br />Vehicle & Equipment 400,000 450,000 <br />Street Maintenance 600,000 630,000 <br />Total Debt Levies $ 1,243,333 $ 2,050,000 <br />Capital Levies <br />•New in 2025 <br />•Levied separately from GF and deposited <br />directly into appropriate fund for capital <br />projects and large expenses. <br />•These funds act as set-asides until a <br />large expenditure is planned. <br />•Exception – Ballpark Fund is paying an <br />interfund loan for the new property. <br />•Using cash (all/part) for purchases <br />decreases interest expenses. <br />•These need to continue to grow to avoid <br />issuing so much debt in the future.
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