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10/10/2025
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<br />BUILDINGS IMPROVEMENT FUND
<br />BUILDINGS IMPROVEMENT PLAN 2026 - 2042
<br />SOURCES 2025
<br />EST. ACTUAL
<br />2025 2026 2027 2028 2029 2030-2035 2036-2042
<br />Community Center Fund Transfer 120,000$ 120,000$ 50,000$ 50,000$ 50,000$ 50,000$ 810,000$ 900,000$
<br />Police Services Fund Transfer 50,000$ 50,000$ 50,000$ 50,000$ 250,000$ 350,000$
<br />Reimbursement for Liquor Stores 183,980 44,930 216,600 15,000 17,680 - 35,905 27,389
<br />GF Excess Fund balance Transfer (1) - 301,621 - - - - - -
<br />Grant Funds 78,000 16,674 116,000 - - - - -
<br />Building Improvement Levy (2) 115,500 115,500 130,500 145,500 160,500 175,500 952,500 1,143,000
<br />TOTAL 497,480$ 598,725$ 563,100$ 260,500$ 278,180$ 275,500$ 2,048,405$ 2,420,389$
<br />USES City Hall/Community Center 36,000$ 250,000$ 123,500$ 30,000$ 28,000$ 66,223$ 860,850$ 142,778$
<br />Fire Station 138,500 54,547 113,000 150,000 15,365 - 398,720$ 35,000
<br />Public Works 405,640 352,049 95,640 134,862 47,690 224,000 295,491 105,500
<br />Park Shelters 23,950 - 52,250 45,000 30,730 8,500 78,450 71,000
<br />Liquor Stores 183,980 44,930 216,600 15,000 17,680 - 35,905 27,389
<br />TOTAL 788,070$ 701,525$ 600,990$ 374,862$ 139,465$ 298,723$ 1,669,415$ 381,668$
<br />NET CHANGE (290,590) (102,801) (37,890) (114,362) 138,715 (23,223) 378,990 2,038,722
<br />BEGINNING CASH BALANCE 636,288 636,288 533,487 495,597 381,235 519,950 381,235 760,225
<br />ENDING CASH BALANCE 345,698$ 533,487$ 495,597$ 381,235$ 519,950$ 496,727$ 760,225$ 2,798,947$
<br />PARK IMPROVEMENT FUND
<br />Requests and Costs in Recommended Order of Priority by Parks & Environmental Commission
<br />Cost EstimateProject
<br />$668,500
<br />$160,600*
<br />Upgrade of Field Lighting to LED at Central Park - Full Ballast Replacement
<br />Upgrade of Field Lighting to LED at Central Park – Bulb Only Replacement
<br />*This option is programmed for 2026 with available cash in the Parks Fund
<br />$350,000Pickleball Courts To Replace Old Tennis Court
<br />$200,000Dog Park at Location To Be Determined
<br />Projects continuing to be considered with one-time funds that will be available after closing
<br />decertified TIF districts
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