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HomeMy WebLinkAbout08-25-2020 Worksession Packet 0 City of Oak Park Heights Worksession Date: Tuesday, August 25, 2020 Time: 5:00pm Location: Oak Park Heights City Hall 1. Call to Order 2. 2021 Budget I Videoconferencing Systems for City Council Meetings: General Discussion if the Council Could or Should Return to a Zoom or Hybrid-Type Format 4. Adjourn MemoW- ,- To: Mayor and Council From: Betty Caruso,Finance Director Date: August 25,2020 Re: 2021 Budget Work Session The budget work session will be an update to the budget that was presented on 7/28/20. It will be an overview of the changes that were requested along with the county values and Xcel values. The following items should be added to your budget books. • General Fund Changes(3 hole punched sheets) Supplemental • Budget Notes • List of Budget Changes from 7/28/20 meeting • Summary of Revenues and expenses with changes • Tax Impact Sheets 7-28 budget and 8-25 budget with changes • Capital Improvement Plan Unfunded Projects There is a significant amount of information included and should be reviewed. If there is additional information that the Council may want,please let me know. September 8`1/22nd Council Meeting Summary of Budget Approve Proposed Levy for TNT Hearing (Due to County September 30') December 8th Council Meeting TNT Hearing and possible Budget Adoption (Due to County December 30'x') BUDGET WORKSESSION TUESDAY, AUGUST 25, 2020 I. Changes Since Last Meeting II. Review of Budget and Tax Levy to Support the Budget III. Tax Impacts and Values IV. Important Line Item Budget Considerations (Pages 1-32) V. Capital Project Funding (Page 32 ,48) VI. What is Left • Values from County • Value for Xcel properties VII. Direction from Council VIII. September Meetings for Budget Update H W 0 m a z N � O W N CL Ln r-I N O 00 N LLM0 Q N 1) VALUES PER COUNTY ASSESSMENT REPORT • RESIDENTIAL INCREASES AVG 2.5% o Value increase $617,399 =4.73%of Total City Value 0 789 properties increased 1%-5% increase (total properties are 1558) 0 455 properties decreased or remained the same 0 314 properties increased 5%-15% • COMMERCIAL PROPERTIES INCREASED 2.8% • APARTMENT PROPERTIES INCREASE BY 3% ESTIMATED TAX CAPACITY IS $13,682,575 COMPARED TO$13,065,176 FOR 2020. INC$617,399 OR 4.72% USED FOR ESTIMATE$10,144,434—REDUCED FOR TIF1-3 VALUE AND EST 6%REDUCTION 1N DOR VA UES OF XCEL;1.8%INCREASE AS COMPARED TO 2020 DOR INCREASE TO XCEL VALUES IN TOTAL WAS 16%. TO CITY OF DPH IT CALCULATES TO 10%. UNKOWN IF XCEL WILL APPEAL. ADJUSTED FOR 4%INCREASE INSTEAD OF 10%BASED ON PRIOR YEAR CHANGES. FINAL VALUES UNKNOWN AT THIS TIME-TNT NOTICE ARE SLATED TO HAVE 10%INCREASE 2) TAX PETITIONS • KOHL WAS PAID IN 2020 • BOUTWELLS FILED PAYABLE 2019 ON 14 PROPERTIES. 0 1 OF THE PARCELS WE COLLECT PILOT TAXES ON • GOODWILL FILED 2019 • WAL-MART 2016-2020 • LOWES HAS FILED SINCE PAY 2016-2.020 • XCEL IS UNKNOWN AT THIS TIME 3) BUDGET ESTIMATES—TOTAL INCREASE 4�"%5.23% • WAGES—CONTRACTS INC 3%. REDUCTIONS FOR REPLACEMENT OFFICER AND CHIEF AT A LOWWER RATE; FINANCE ACCOUNTANT INCREASE TO FULL PAY— TUITION ADDED • HEALTH INSURANCE—RATES INCREASED 3.91% -TOTAL INCREASE 6.3%(AGE RELATED ADDED) INCREASE FOR CITY 14% DUE TO ESTIMATES IN SPOUSAL AND DEPENDANT COVERAGE • UTILITIES—GENERAL/WATER REALLOCATIONOF COSTS FOR PUMP 1#$14,000 • GENERAL INSURANCE—ESTIMATED A 4% INCREASE BUT ACTUAL IS 10%.ABOVE 2020 ACTUAL. . EXP MOD DOWN DUE TO LAWSUIT FOR DISCRIMINATION IS NOW OVER. LAST YEAR 1.257, THIS YEAR .877. PREMIUM 2019/2020 $124,566 PREMIUM 20202021 $110,854. • TRANSFERS—CORRESPOND WITH CIP BUDGET. HOWEVER REVIEW OF THE CIP IS IMPORTANT TO PRIORITIZE PARK IMPROVEMENTS AND WISH LIST AS ALL THE PROJECTS LISTED IN CIP ARE NOT FUNDED USING OUR PRESENT FUNDING LEVELS. 4) BUDGET REVENUES • REDUCTION IN PILOT—REDUCTION IN VALUE AND TAX RATE- BOUTWELLS • BUILDING PERMITS— NO MAJOR DEVELOPMENTS AT THIS TIME 5) FUND BALANCE • UNASSIGNED AT 12/31/19 $831,736- ESTIMATED$808,634 IN 2021 POSSIBLE USES: o NORELL WASHINGTON CITY SHARE$800,000 o INCREASE RESERVES FOR TAX PETITION ADJUSTMENTS 2021 BUDGET WORKSESSION 8/25/20 BUDGET REQUESTS FROM 7/28/20 BUDGET WORKSESSION-DISCUSSION ITEMS THESE ITEMS ARE REFLECTED IN THE BUDGET WORKSHEETS ORIGINAL AMENDED DOLLAR Avg$246,000 ACCOUNT NUMBER PAGE DESCRIPTION BUDGET BUDGET IMPACT 2020 TAX LEVY OPERATIONS BUDGET-CHANGE TO TAX LEVY IMPACT 1. 38050-000 5 REFUNDS REIMBURSEMENT REV $ 105,000 $ 60,000 $ (45,000) $ 10.25 School Liason Officer Schedule Unknown LOSS OF REVENUE $ 105,000 $ 60,000 $ (45,000) 2. 40100-203 7 COUNCIL TRAVEL $ 12,000 $ 14,000 $ 2,000 $ 0.46 Increase for Schedule of 7/28 meeting Shortfall 7 COUNCIL TRAVEL $ 14,000 $ 20,000 $ 6,000 $ 1.37 Added Additional NLC-Total of 4 3. 40100-408 7 SUBSCRIP/MEMBERSHIPS $ 3,600 $ 6,100 $ 2,500 $ 0.57 Inc for possible East Metro Mayors vs Small Cities 4. 40600-101 12 SALARIES $ 190,600 $ 194,600 $ 4,000 $ 0.91 Tuition for Accountant towards degree EXPENDITURE CHANGE $ 220,200 $ 234,700 $ 14,500 $ 3.31 CHANGES TO TAX LEVY SINCE 7/28/20 WORKSESSION $ 59,500 $ 13.56 $$ IMPACTS FOR CHANGES IN THE BUDGET $$CHANGE ON MEDIAN $$CHANGES HOME$246.000 $ 20,000 $ 4.56 $ 50,000 $ 9.11 S 7.00,000 $ 22.76 $ 200,000 $ 45.53 S 400,000 $ 91.05 Changes to 7-28-20 meeting.0sx \ \3 3 \ o ? 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N to r1 V? to m th t/} 00 N V tli t/? t/} tnr tNn, t+} th *� Vf N i%r �-i Ln d trr to to tN/� f C7 U Z Z O Q C7LLJ D w Q Z m F Z_ p I=- °� Z .7 2Q o Z } � � 2 L Z LLI L) LU F- LU a Z u O Z Lz O V' w w FW- Z LU Q z < z _Z Z v Z p v~ o F--s Q w [] Z Z Z Ln ~ O a Lil ✓1 V) w � n LL 3 CC 0 Ln °� w Z O w z } z N cY a' � Z h u h- O J U p J Z C7 w U C7 U r z 0 x O O7 O O O Lu Ln Q Q Z W !- Z Z W J_ W O O w 7 Z cc OC LLLJ LL, O - O Q Z z a H uq z U Q w Z (� Q U U U � QLu cl z LI d LL- Z oQC Q w LJ z x Lu a it L t7 D u m w m m m n Z w Q w Q l7 No l7 w U w u u Q z d w Q -� a w m w Q -j a a Q Vai a W o W = m a Z a m a O O 0 GENERAL FUND BUDGET 2021 2020 INCREASE(DECREASE) BUDGET %OF TOTAL BUDGET %OF TOTAL $ % OPERATIONS PERSONNEL COSTS $ 2,148,517 35.18% $ 2,136,275 36.81% $ 12,242 0.579/o CONTRACTUAL $ 1,230,425 20.15% $ 1,216,650 20.96% $ 13,775 1.13% SUPPLIES $ 118,995 1.95% $ 117,170 2.02% $ 1,825 1.56% INSURANCE $ 521,800 8.54% $ 472,205 8.14% $ 49,595 10.50% OTHER MEMBERSHIPS SUBSRrPTIONSCONTINGENCY $ 341,135 5.59% $ 332,585 5.73% $ 8,550 2.57°% TOTAL OPERATIONS $ 4,360,872 71.40% $ 4,274,885 73.66% $ 85,987 2.01% TRANSFERS DEBT $ 579,000 9.48% $ 579,000 9.98% $ - 0.00% CAPITAL IMPROVEMENTS $ 1,167,450 19.12% $ 949,635 16.36°% $ 217,815 22.94% TOTAL TRANSFERS $ 1,746,450 28.60% $ 1,528,635 26.34% $ 217,815 14.25% TOTAL BUDGET $ 6,107,322 100.00% $ 5,803,520 100.00% $ 303,802 5.23% LEVY HISTORY SUMMARY OF TAX LEVIES PAY 2021 PAY 2020 PAY 2019 PAY 2018 PAY 2017 TAX LEVY TAXPAYER $ 5,403,626 $ 5,000,674 $ 4,817,283 $ 5,068,166 $ 4,943,121 FISCAL DISPARITY $ 287,386 $ 262,520 $ 272,963 $ 260,335 $ 250,540 TOTAL $ 5,691,012 $ 5,263,194 $ 5,090,246 $ 5,328,501 $ 5,193,661 CHANGE IN TOTAL LEVY $ 427,818 $ 172,948 $ (238,255) $ 134,840 $ 2,068 TAX RATES 53.269 50.1763 50.0307 54.4622 56.1426 MEDIAN VALUE TAXES VALUES $ 246,000 $ 240,000 $ 224,400 $ 210,700 $ 208,800 CITY PORTION OF TAX $ 1,229.93 $ 1,125.76 $ 1,037.64 $ 1,047.85 $ 1,068.96 5 YEAR INCREASE $ 160.97 Budget By Category and Tax Levy History.xlsx 2021 PRELIMINARY BUDGET SUMMARY OF 2021 LEVY INCREASE/DECREASE AS COMPARED TO 2020 2021 2020 FINAL PRELIMINARY INCREASE LEVY TAX LEVY TAX LEVY OVER 2020 OPERATIONS $ 4,684,194 $ 5,112,012 $ 427,818 9.13% DEBT SERVICE $ 579,000 $ 579,000 $ - 0.00% TOTAL TAX LEVY $ 5,263,194 $ 5,691,012 $ 427,818 8.13% SUMMARY OF CHANGES TO LEVY/BUDGET REVENUES CHANGES IN REVENUE DEC INTERGOVERNMENTAL REVENUE-SAFE AND SOBER (1,500) INC INTERGOVERNMENTAL REVEUE-POLICE AID 10,000 DEC MISC REVENUE(SRO& POLICE OT WAGES) (41,000) INC GARBAGE COLLECTIONS 9,600 USE OF FUND BALANCE (100,000) TOTAL CHANGES IN REVENUES $ (122,900) EXPENDITURES CHANGES IN EXPENDITURES PERSONAL SERVICES SALARIES CONTRACTUAL 59,500 SALARIES-TUITION ACCOUNTANT 4,000 POLICE - NEW HIRE CHIEF (13,300) POLICE - REPLACEMENT PATROL OFFICER (34,000) ELECTION SALARIES (5,500) RELATED PAYROLL TAXES 1,500 CONTRACTUAL COUNCIL TRAVEL 8,000 CONSULTANTS-LEGAL/ENG/PLAN/ASSESSOR/AUDIT 4,300 GEN MGMT/BUILDING UTILITIES REALLOCATION (14,600) FIRE PROTECTION 8,500 SANITATION 7,000 TREE REMOVAL 2,000 SUPPLIES 1,825 MEMBERSHIPS-EMMA 2,500 INSURANCE GENERAL INS (2,105) WORKMAN'S COMP 3,300 HEALTH INSURANCE 48,400 OTHER MINOR BUDGET CHANGES 5,783 TRANSFERS FOR CAPITAL PURCHASES STREET/STORM RENEWAL FUNDS 15,190 BUDGETPROJECTS INCREASES: PARK TRAILS AND IMPROVMENTS 50,000 MILL AND OVERLAY 100,000 RENEWAL AND REPLACEMENT PARK BUILDING 50,000 OTHER MINOR ADJUSTMENTS 2,625 TOTAL 2021 BUDGET INCREASE $ 304,918 TOTAL INCREASE FOR PRELIMINARY LEVY $ 427,818 8/21/2020 Summary of Expenditure Changes From Prior Yr-preiiminary8-25-20xlsx.xlsx Preliminary Payable 2020 Property Tax Impact Worksheet Taxing District: 1700 Oak Park Heights-GENERAL LEVY& DEBT LEVY INITIAL BUDGET Step 1-Calculate the Taxing District's Tax Rate-Total General and Debt Levy Estimated Value v 6% redUCtion xcel Estimate 2.5%inc in Residential Value Actual Preliminary Item Pay 2020 2021 Change Increase (A) 1 (B) F 2020 1 (Decrease) 1. Levy before reduction for state aids 1 $5,263,1941 $5,631,5121 7.00% $ 368,318 2. State Aids $0 M41.8% 3. Certified Property Tax Levy $5,263,194 $5,6 4. Fiscal Disparity Portion of Levy $262,520 $28 S. Local Portion of Levy $5,000,674 $5,34 6 Local Taxable Value $9,966194 $14,147 Local Tax Rate 50.1764% 52.6 Step 2-Calculate the Impact of the Taxing District's Rate on Residential Homestead Taxes: 8. Assumes a 2.50'i change in market value from 2018 to 2019,which is the city median change Market Value Homestead Taxing Before Value Taxable District $ Exclusion Exclution5 Market Tax Gross Change Value Value Value Capacity Taxing I in Taxes Actual Pay 2020 aY % x + 500,000 x rem .D9% (B12 x D) rem @ 9. Estimated Tax District rate as%of total rate: 10. 240,000 15,640 224,360 2,244 1,125.76 11. 91,100 29,041 62,059 621 311.39 12. 136,600 24,946 111,654 1,117 560.24 13. 227,700 16,747 210,953 2,110 1,058.49 14. 364,300 4,45335 9, 3,598 1,805.58 Proposed Pay 2022 ay2020 MVo x + X1.071 rem @.09% (B12 x D) I rem @ 1.25% (G)x 18. Estimated Tax District rate as%of total rate: Value Budget 19. 246,000 15,100 230,900 2,309 1,216.39 $ 90.63 $ 6.80 $ 83.83 20. 93,378 28,836 64,541 645 340.01 $ 28.62 $ 5.18 $ 23.43 21. 1 140,015 24,639 115,376 1,154 607.81 $ 47.57 $ 5.68 $ 41.89 22, 233,393 16,235 217,158 2,172 1,144.00 $ 85.51 $ 6.67 $ 78.84 23. L 373,408 3,633 369,774 3,698 1,947.98 $ 142.40 $ 8.15 1 $ 134.26 Percentage Change from 2020 to 2021 Value Budget 27. 2.5% 2.9% 2.9% 8.1% 7.7% 0.4% 28. 2.5% 4.0% 4.0% 9.2% 11.6% 2.5% 29 2.5% 3.3% 3.3% 8.S% 9.1% -0.6% 30. 2.5% 2.9%12.9°10 8.1% 7.6% 0.4% 31. 2.5% 2.8% 2.8% 7.9% 6.9% 0.9°fo K I 8/21/2020 7/28 TAX IMPACT WORKSHEET Preliminary Payable 2020 Property lax Impact Worksheet Taxing District: 1700 flak Park Heights-GENERAL LEVY& DEBT LEVY Step 1-Calculate the Taxing District's Tax Rate-Total General and Debt Levy EsJm,=ter Vali+e vv 64; redurtior,xcei Estimate 2.5%inc in Residential Value ActualPreliminary Item Pay 2020 2021 Change Increase (Al (B) 2020 (Decrease) L Levy before reduction for state aids $5,263,194 $5,691,012 8.13% $ 427,818 2. State Aids $0 $0 0.0% 3. Certified Property Tax Levy $5,263,194 $5,691,012 g.1% 4. Fiscal Disparity Portion of Levy $262,S20 $287,386 9.5% 5. Local Portion of Levy $5,000,674 $5,403,626 8.1% 6 Local Taxable Value $9,906,194 $1fl,144,434 1.8% 7 Local Tax Rate 50.1764% 53.2669%j 6.2% Step 2-Calculate the Impact of the Taxing District's Rate on Residential Homestead Taxes: 8. Assumes a 2.50% change in market value from 2018 to 2019,which is the city median change Market ValueHomestead Taxing Before Value Taxable District 5 Exclusion r Exclutions Market Tax Gross Change Value Value Value Capacity Taxing in Taxes Actual Pay 2020 aYx + 1. ° x rem @.09%W660 @ ° (812 x D} rem 1.25°! 9. Estimated Tax District rate as%of total rate: 10. 240,000 15,640 224,360 2,244 1,125.76 11. 91,100 29,041 62,0S9 621 311.39 12, 136,600 24,946 111,654 1,117 560.24 13. 227,700 16,747 210,953 2,11.0 1,058.49 14. 364,300 4,453 359,847 3,598 1,805.58 Proposed Pay 2021. aY ° x + a X1.071 rem @.09% (B12 x D) rem 1.2s°i (G)x% 18. Estimated Tax District rate as%of total rate: I Value Budget 19. 246,000 15,100 230,900 2,309E1,229.93 $ 104.18 $ 6.80 $ 97.38 20. 93,378 28,836 64,541 645 .79 $ 32.40 $ 5.18 $ 27,22 21. 140,015 24,639 115,376 1,154 .57 $ 54.33 $ 5.68 $ 48.66 22. 233,393 16,235 217,158 2,17273 $ 98.25 $ 6.67 $ 91.5823. 373,408 3,633 369,774 3,69867 $ 164.09 $ 8.15 $ 155.94 Percentage Change from 2020to 2021 Value Budget 27. 2.5% 2,95/.1 2.9% 9.3% 7.7% 1.6/// 28. 2.5% 4.09/. 4.0% 10.4% 11.6% 1.2% 29. 2.5% 3.3% 3.3% 9.7% 9.1% 0.6% 30. 2.5% 2.9% 2.9% 9.3% 7.67 1.6% 31. 2.5% 2.8% 2.8% 9.1% 6.9% 2,11%. 8/21/2020 TAx Impact 2021-august fd.xlsx TAX IMPACT WORKSHEET City of Oak Park Heights, MN Capital Improvement Plan FY '20 thru FY '24 PROJECTS BY FUNDING SOURCE Source Project#>t Priority FY'20 FY '21 FY '22 FY '23 FY'24 Total Lud Proj -Mill and Overlav Mill and Overlay Area 5 STREET-002 2 6900 6g000 Mill and Overlay Area 8 STREET-007 2 228,000 228,000 Mill and Overlay Area 7 STREET-008 2 918,172 916.172 Mild and Overlay Area 6 STREET-009 2 410,000 41G 000 Mill and Overlay Area 1 STREET-012 2 292.725 292.725 Bud Proj-Mill and Overlay Total 707,004 918,172 292,725 1,917,891 laud Proj - Park Building Maintenance Va6ey View Shelter-Replace PRK 016 5 450,000 450,000 Bud Proj-Park Building Maintenance 450,000 450,000 Total ftc-il AeZ 1311d Proj Park&Trl Improvements Install Trail-58th Stir.to Upper Valiey View Park PRK001 5 200,000 200,000 Update Swager Park Playground PRK 004 5 75,000 75,000 Trail Construction-Osgood Ave PRK 011 3 250,000 250,000 Replace Park Fencing-Valley View&Swager PRK015 3 80,000 80,000 Wood Bridge-Perro Creek PRK 017 5 100,000 100,000 Replace Autumn Hills Playground Equipment PRK 019 5 100,000 100,000 Brekke Park Hockey Boards PRK 023 4 75,000 75,000 Replace Brekke Park Lower Ball Field Backstop PRK 027 3 40,000 40,000 Park Entrance Signs PRK 028 3 25,000 25,000 Brekke Park Climbing Structure PRK 029 3 40,000 40,000 Trail Connection to Upper Playground-Brekke PRK 030 2 100,000 100,000 Trail Connections to Sallfields at Brekke Park ARK 031 3 100,000 100,000 Add Trail Connections OP Crossings to VV Park PRK 032 3 100,000 100,000 Add Swings to Oak Park Crossing Park PRK 034 2 30,000 30,000 Install Exercise Equipment Along Trabtlln Parks PRK 035 3 30,000 30,000 Deck Addition to East Side of Valley View Shelter PRK036 3 30,000 30,000 Extend North Side of Valley View Shelter PRK 037 3 100,000 100,000 Trail Connection from VV Sheer thru Woods PRK 038 3 300,000 300,000 Trail Connection VV Shelter to North thru Ravine PRK 039 3 100,000 100,000 Bud Proj-Park&TrI Improvements 155,000 100,000 1,620,000 1,875,000 Total Park&Rec Dedication Fund Acquire DNR Property-OsgoodAve. PRK 002 5 500,000 500,000 Park Shelter Oak Park Crossing PRK 025 2 375,000 375.000 Park&Rec Dedication Fund Total 875,000 875,000 Produced Using the Plan-11 Capital Planning Software Page 1 Friduti .Augus[21 20'0 Source Project# Priority FY '20 FY '21 FY '22 FY '23 FY '24 Total S reet Re iacement Fund Street Reconstruction-Area 14 STREET-016 2 874,000 874,000 Replace 62nd Street N(west of Osgood) STREET-017 2 85,000 85,000 Replace Oakgreen Ave N STREET-018 2 313,000 Nareil Ave Interchange STREET-020 1 800,000 313,000 800,000 Street Replacement Fund Total 313,000 800,000 959,000 ,0 2,072,00 -3 Water Connection Charge Fund Kern Center to Nigh School Loop Main WU 002 5 360,000 360,000 OakGreen to Osgood Loop Main WU 003 4 600,000 600,000 Osgood to Stagecoach Loop Main WU 004 4 60D,000 600 000 Well 313-NEW WU 006 4 900,000 900,000 Water Storage Tank-NEW(Tank#3) WU 010 4 1,900,000 1.900,000 Water Connection Charge Fund Total 4,360,000 4,36U00 GRAND TOTAL 1,020,000 955,000 1,977,172 7,597,725 11,549,897 Produced Using the Plan-It Capital Planning Software Page 2 Friday,August 21,2020