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2020 Annual Report • Finance Department • St. Anthony Village, Minnesota <br /> <br /> <br /> <br />23 <br /> <br />“PEAK TO PLA TEA U” <br />City Council and Staff again held workshops to review progress on the City’s Street improvement <br />program and the options available for the years remaining. This analysis included: <br />• Used engineer’s expanded Street feasibility two-year study to balance current year to <br />year construction costs more effectively <br />• Planning use of debt service funds beyond that needed for scheduled retirements <br />• Reviewing future construction costs adequacy <br />• Evaluating streets reconstruction dates and options <br />• Identifying additional resources for the streets program <br />The process resulted the re-ordering of the remaining streets reconstruction dates, discussed in <br />detail in Chapter IV. Resources totaling $614,691 were identified and assigned to mitigating the <br />increase in the 2020 Road Debt Levy. The Debt Levy reduction plan as developed will lower the <br />unchecked high point of the levy until the point the City benefits from the retirement of prior <br />road debt. <br />Peak to Plateau <br /> <br />