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PAGE 5 <br />UTILITIES INFRASTRUCTURE FUND <br />Significant purchases for Water treatment plant components are reflected as occurring in 2023-2026. Staff <br />has proposed a 2025 Plant components assessment be performed by a third-party subject matter expert. <br />A placeholder of $35,000 has been included in the capital budget. The amount reflects the complexities of <br />three separate water treatment processes employed by the City. <br />Significant Utilities Infrastructure expenses in 2024 include: <br />o Purchase of a replacement dehumidifier for the GAC plant $162,300 <br />o Completion of Well No. 4 Pump restoration project, total costs for this were $198,310 <br />o Replacement of Sodium Permanganate Pumps and chemical feed tubes at a cost of $29,164 <br />o Replacement of a Chorine booster pump at the GAC Plant $6704 <br />o Foss Road Lift Station repair costs $45,780 <br />Fleet and other equipment used in maintain the delivery and collections systems is budgeted separately <br />from the Water treatment plant and Sanitary lift stations. Significant Utility related fleet and equipment <br />costs in 2024 included: <br />o Ford Lightning EV replaced a 2007 pick-up $62,765 <br />o M2 Water Tanker/Flusher $177,598 net cost after trade in <br />o Purchase of a 4-inch transfer pump which replaced 3 smaller pumps $5,066 <br />Future considerations for Utilities Infrastructure Fund: <br />The Utilities Infrastructure currently has a sufficient fund balance to support the programmed equipment <br />replacement through the 2030’s. Water and Sewer operating fund transfers are projected to begin in 2025 <br />to support future capital needs. Annual adjustments to water and sewer rates will ensure that operating <br />transfers are available. <br />A Plant components assessment in 2024 or 2025 will aid in informing the necessary capital expenditure <br />items and timing of the same. <br />STORMWATER FUND <br />Costs to account for flood mitigation and water quality concerns, mandates, and stormwater pond <br />maintenance are accounted for in our Stormwater Utility Fund. Significant costs in this fund for 2024 and <br />2025 include: <br />o A placeholder for an Industrial Park flooding mitigation has moved to 2030, anticipating that <br />redevelopment will not occur until a later date. <br />o Mirror Lake Outfall repair is expected to cost $55,600 in 2024 <br />o Maintenance costs for the Street Sweeper are accounted for in this fund at an estimated $6,000 per <br />year <br />o Other pond maintenance and water quality costs are estimated at $28,000 per year <br />o MS4 Engineering costs are around $7,000 each year <br />Future considerations for Storm Water Fund: <br />The Storm Water fund currently has a sufficient fund balance to support the scheduled replacement <br />throughout 2025-2041 time-frame. Stormwater fund transfers have been used to support the debt levy <br />reduction program as needed in prior years. <br />The stormwater rates have been adjusted over time to support maintenance costs and capital needs. <br />Continuing rate management will ensure sustainability. <br />23