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Home My WebLink AboutCIP 2024-2028CITY OF COTTAGE GROVE, MN ENGINEERING AND FINANCE DEPARTMENT 12800 Ravine Parkway S, Cottage Grove, MN 55016 | 651-458-2800 | CottageGroveMN.gov Capital Improvement Plan 2024 - 2028 City of Cottage Grove Capital Improvements Plan 2024-2028 Table of Contents Page No. Introduction 1-5 Projects by Program Category 6-7 Funding Summary by Year 9 Facilities and Park Projects Summary 11 Facilities and Park Projects Detail 12-33 Street, Road Improvements & Public Works Projects Summary 35 Street, Road Improvements & Public Works Projects Detail 36-60 Projects by Year (with Maps) 2024 Annual Summary 62-63 2025 Annual Summary 64-65 2026 Annual Summary 66-67 2027 Annual Summary 68-69 2028 Annual Summary 70-71 Projected Financial Position Statements Roadway and Trailway Maintenance Fund 72 Ice Arena Capital Fund 73 Storm Water Utility Fund 74 Water Utility Fund 75 Sanitary Sewer Utility Fund 76 Street Light Utility Fund 77 Park Improvement Fund 78 Park Trust Fund 79 Public Landscape Initiative Fund 80 Municipal Building Fund 81 ED Trust Fund 82 MSA Construction Fund 83 Pavement Management Fund 84 Water Area Fund 85 Sanitary Sewer Area Fund 86 Storm Water Area Fund 87 3M Settlement/MPCA Fund 88 -This Page Intentionally left Blank - City of Cottage Grove Capital Improvements Plan 2024-2028 Introduction The Capital Improvement Plan (CIP) is a planning device to schedule proposed public capital improvements and purchases over a five-year period. The CIP matches proposed expenditures and revenues by project. A capital improvement is defined as a capital expenditure that is greater than $15,000 with a life expectancy of five years or longer. Capital improvements are projects, which require acquisition, construction, or replacement of various public facilities, public buildings, infrastructure, utilities, and parks in the community. Every effort has been made to draft the document as conservatively and realistically as possible while maintaining the integrity of the funds. The concept of fund integrity includes accounting for certain project costs in particular designated funds that are only used for those purposes for which they are collected. These major funding sources include the operating funds (the General Fund and Enterprise Funds), the development fees and charges (including the Area and Park Trust Funds), as well as identifying larger general projects that are expected to be financed with the issuance of general obligation bonds to be repaid with future property tax levies. A Ten-Year Financial Management Plan (FMP) was completed in 2023. The Plan incorporated the projects included in this CIP document with bonds, future operating budgets including equipment replacement needs, and tax capacity changes (including growth). Projects in this CIP were included in the preparation of the FMP. This CIP shows a total capital investment of $78.9 million for 2024 of which $28 million is related to the construction of the Low Zone Water Treatment Plant and Well 13 (under the 3M Settlement financing plan), $14 million is for the construction of the utilities building, and $7 million is related to the100th Street extension project. This document covers the period from 2024 to 2028 and is organized by the funding sources of the improvement project. Over the next five years $459.1 million in projected improvements have been identified. 65% of these projects ($300.8 million) will be funded by other entities and other governmental entities. The remaining dollars come from other identified sources. Summary of Improvements Road and Trailway Maintenance Fund The Road and Trailway Maintenance Fund was created in 2007 to provide for the costs of activities related to mill & overlaying and crack sealing City streets, replacement and seal coating of trails, as well as replacing damaged concrete curb & gutter and sidewalk. These funds partially support the City’s ongoing ADA transition plan. Funding for these activities comes from franchise fees charged to property owners on their electric and natural gas utility bills. 1 2023-2027 CIP Introduction 2024 includes another mill and overlay project in the amount of $924,000. The area to receive the mill and overlay is a portion of East Point Douglas Road from Carlson Auto to Menards, and Phase 3 of the Thompson Grove neighborhood. Ice Arena Capital Fund The naming rights revenue from NorthPoint is the primary source of revenue for the Ice Arena Capital Fund. 2024 projects include the installation of solar panels and a water treatment system. Enterprise Funds The projects included in the Enterprise Fund section are those projects, which will be paid with funds from the Storm Water, Water, Sanitary Sewer, and Street Light Utility Funds. Each of the Enterprise Funds is supported by user fees charged for the services provided. Storm Water Utility Fund The Storm Water Utility Fund projects include various drainage improvements and maintenance of the storm water utility system. The Storm Water Utility Fund was initiated with the 2002 budget year. CIP projects identified and prioritized by staff cannot exceed the financial constraints of the Fund. The 2024 projects identified include storm water maintenance related to the 2024 Pavement Management project. Commitments of the Fund for the next five years are for various storm water activities throughout the City. Revenue increases of 3% have been included in accordance with the storm water rate study that was completed in 2021. Water Utility Fund The Water Utility Fund includes the construction of a utilities building in 2023 and 2024 in the amount of $14 million. Other capital projects in the Fund include the water costs for the annual Pavement Management Program, and the upgrade to the SCADA system. 3% rate increases have been included in this Fund based on a utility rate study that was completed in 2022. Sanitary Sewer Utility Fund The Sanitary Sewer Utility Fund includes a $1 million project in 2024 and 2025 to line the trunk sanitary sewer from Jamaica and East Point Douglas down through the dog park. Sewer costs related to the annual Pavement Management Program, and street reconstruction projects are included in the next five years. 5% rate increases have been included in this Fund based on a utility rate study that was completed in 2022. Street Light Enterprise Fund The improvements scheduled for the Street Light Utility Fund are traffic signals and system improvements. New traffic signals identified in the next five years are a signal at Hardwood Avenue and Hardwood Court in 2024, 80th Street and Jamaica Avenue in 2025, and Keats and Indian Boulevard in 2025. Due to increased operating costs for street light activities and increased costs for traffic signals, an 8% increase in rates has been included for 2024 and 3% increases in later years. 2 2023-2027 CIP Introduction Park Improvement Capital Project Fund In 2013, the City Council directed that revenues derived from leasing space on the City’s Water Towers/Reservoirs for cell phone antennas should be allocated to the purpose of renovation of existing parks and replacement of playground equipment. This revenue source will fund a total of $3 million in park and playground renovations over the next five years. Expenditures in 2024 include play equipment at West Draw, Granada and Nina Park. The FMP identified a need to fund park improvements beyond the capacity of the cell phone antenna revenues. Therefore, a property tax levy has been included in the Fund beginning in 2026 in the amount of $190,000. Park Trust Fund Improvements scheduled in the Park Trust Fund include the purchase of additional parkland, planning and development of parks and trails, and installing playground equipment in new parks. Revenues coming into the Park Trust Fund have been calculated to reflect the anticipated housing growth and a greater dedication of park land instead of park dedication fees. The new park building at Glacial Valley Park is included in this Fund for $4.2 million. Bonds were issued for this building in 2023. The goal is to maintain a minimum year end cash balance of approximately $100,000. Future projects will need to be delayed unless future revenues are available or new revenue sources are identified since the proposed projects in the next five years will bring the Fund to a negative $3.9 million. Municipal Building Fund This Fund derives its revenue from accumulated transfers from the General Fund pursuant to the Fund Balance policy, as well as several years of dedicated tax levy dollars. The current property tax levy of $300,000 will increase to $350,000 in 2024 to be used for municipal building expenses. MSA Construction Fund The construction of new streets and other street reconstruction projects make up the vast majority of capital improvement projects in the MSA Construction Fund. Funding for these projects come from Municipal State Aid (MSA), other intergovernmental revenue, developer charges and special assessments. Streets included on the “state aid” system are eligible to receive state aid for a portion of the projects. The MSA annual construction allotment for 2023 was almost $2 million. Advanced MSA funds were requested and received in 2023 for partial funding for the two-year Jamaica and East Point Douglas Road Project. The projects noted below and, in the CIP, will depend on development, the timing of which will vary due to factors including the economy and available land. 2024 projects included the second year of the Jamaica and East Point Douglas Road Project The projects identified with their anticipated MSA funding over the next 5 years include: Year Project Description Project Cost MSA Funding 2024 E Pt Douglas & Jamaica 2nd Year -Reconfiguration $4,607,000 $800,000 2023-2027 Ravine Parkway Ravine Parkway Extension 10,000,000 5,000,000 2026 80th Street (Ideal to Hwy 61) Reconstruction $10,000,000 3,000,000 2026 80th Street (80th /Keats) Roundabout Construction 1,000,000 1,000,000 Total $85,615,000 $9,800,000 3 2023-2027 CIP Introduction Besides MSA revenue, these projects will be funded with other revenue sources including Federal, State, and County funds, developer fees, and bonded debt. Other projects that have been included in the MSA Fund that have funding sources other than MSA revenue include: •CSAH 19 and TH 61 including 100th Street extension starting in 2024. (Primary funding sources-County and Federal funds) •Jamacia Avenue from 80th to 90th in 2024. (Funding-bonded debt) •EPD and Ravine Parkway-Shoppes at Cottage View starting in 2025. (Funding sources- federal funds for $3 million, area funds, and bonded debt) •River Oaks/TH 61 Restricted Crossing U-Turn in 2024. (Funding sources-grant funds, and EDA loan) •Harkness Avenue in 2027. (Funding sources-area funds, developer fees, and bonded debt) •Jamaica Avenue from 70th to Military in 2028. (Funding source-bonded debt) •103rd Street Bridge in 2028. (Funding sources-federal and state funds) Details of these projects and funding sources are included in the detail of the projects located on pages 35-43. Pavement Management Fund Pavement Management Program projects are reflected in this listing. The summary sheet identifies other funding sources when available, but for most projects it will be necessary to issue debt to be repaid with a property tax levy to finance the project. The continuation of the Pavement Management Program depends on assessments for a portion of each project to be used to repay a portion of the debt. The Pavement Management projects included in the next five years total $23.1 million, of which $10.4 million would be assessed to benefiting property owners and $20 million would be bonded. Future property taxes levies would repay these bonds. Funding Location Total Assessments Debt Other 2024 Prestige Estates, Thompson Grove Estates 1&8, EPD (Hyde to CDS) $6,156,000 $2,770,200 $5,364,000 $700,000 2025 Thompson Grove Estates 2nd, EPD (Jamaica to Hyde), Kingsborough Trail 4,745,000 2,135,000 3,965,000 517,000 2026 Woodridge Park (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen 5,436,000 2,446,200 4,736,000 618,000 2027 Thompson Grove 11&12, Woodridge Park Add (W of Jamaica) 4,021,000 1,809,450 3,504,000 442,575 2028 Thompson Grove Estates, Pinegrove 2,770,200 1,246,590 2,413,800 356,400 Area Funds The Water, Storm Sewer and Sanitary Sewer Area Funds are capital project funds that provide the resources to construct general infrastructure. Projects totaling $9 million are expected to be funded from the Area Funds over the next 5 years. The funding sources for these Funds are area charges against developing properties. The area charges are based on rates established by the City Council. Before these projects can be completed, the funds available in each of the Area Funds need to be considered. It may be necessary to postpone projects if the revenue sources are not available to complete the project. 4 2023-2027 CIP Introduction Water Area Fund 2024 projects include the water portion of the South District Street and Utility project. Construction of a water tower in the Industrial Park is proposed to be constructed in 2025 in the amount of $7.5 million. It is proposed to fund $1 million of this construction with water conservation fee revenue from the Water Utility Fund, $4 million with bond proceeds, and the remaining portion with the Water Area Fund. Sanitary Sewer Area Fund Funding for projects identified in the Sanitary Sewer Area Fund includes construction of utilities as part of the South District Street and Utilities Project to be completed in 2023 and 2024. Storm Water Area Fund Funding for projects identified in the Storm Water Area Fund also includes the construction of utilities as part of the South District Street and Utilities Project. Other Funds 3M Settlement/MPCA Fund 3M settlement implementation funds will be used to construct the Low Zone Water Treatment Plant and Well #13 in 2024 and 2025, the Intermediate Zone Water Treatment Plant in 2025 and 2026, and decommissioning of Well #1, Well #2, and the Temporary Treatment Plant in 2027. 3M settlement funds will be received to fund these projects totaling $122 million. Conclusion City staff has prepared this document in conjunction with those projects and capital items that are known and for which costs can be reasonably estimated. The CIP should be considered a planning tool and the projects included for 2024 and 2025 serve as a work plan for staff. This “work plan” means that these are the projects that staff will bring to Council for authorization before proceeding with a feasibility study, acquisition, or construction. All projects detailed in this document will be included in their respective budgets if the need is established at that time. 5 PROGRAM CATEGORY 2024 2025 2026 2027 2028 General Public Buildings Utilities Division Building 13,250,000 PW shop and wash bay modifications 500,000 General Public Buildings total 13,250,000 500,000 - - - Parks & Recreation Facilities Hamlet Park-LOST Funds 17,000,000 Mississippi Dunes-LOST Funds 13,000,000 River Oaks-LOST Funds 6,000,000 Matching grant funds 10,000 10,000 10,000 10,000 10,000 Public Landscape initiative 170,000 120,000 80,000 100,000 120,000 Parks - design & planning 15,000 15,000 15,000 15,000 15,000 Parks-Automatic locks on buildings 35,000 35,000 35,000 35,000 35,000 Archery Range Shelter and Trail Work 70,000 Belden Park Backstop Repair and Curbing 30,000 Bike Park-Track Improvements 50,000 Dog Park-Small Area Enrichment&drainage Glacial Valley Park-Park Building Hamlet Park Skate Park replace/shelter replace.100,000 50,000 Hardwood and Belden play equipment 140,000 Hearthside Park: Park Improvements 100,000 Hillside/Jergen Trail 75,000 Highlands Park Tennis Court Replacement 100,000 Kingston Park Building Replacement and Additional Power 600,000 Lamar Park Shade Shelter replacement (2)80,000 Lamar Park Roof 10,000 Neighborhood Park Development 700,000 1,000,000 500,000 500,000 500,000 Oltman Middle School Lacrosse complex & Parking 700,000 2,300,000 Peter Thompson, Pine tree Pond, Ideal park play equipment 115,000 Pine Coulee-Court Replacement 20,000 Pine Glen -Picnic Shelter 40,000 West draw, Granada & Nina Park play equipment 210,000 Woodridge Park Rink Boards 50,000 Outdoor Fitness EquipmentSports Lighting Improvements 113,000 65,000 355,000 350,000 35,000 Ice Arena Improvements 680,000 35,000 10,000 120,000 200,000 Parks & Recreation Facilities 2,813,000 21,440,000 14,230,000 7,210,000 1,200,000 Public Utilities Facilities Spot replacement/slip lining - Sewer 550,000 550,000 50,000 50,000 50,000 System improvements - Streetlights 100,000 100,000 100,000 100,000 100,000 Storm water maintenance 200,000 200,000 200,000 200,000 200,000 Trunk Utility Oversizing 20,000 20,000 20,000 20,000 20,000 Upper Ravine district infrastructure 50,000 50,000 50,000 50,000 50,000 Pull well - annual maintenance 70,000 70,000 70,000 70,000 70,000 SCADA upgrades 1,035,000 Water Tower Painting/Rehab 700,000 Industrial Park Water Tower 7,500,000 Traffic Signals, Traffic Improvements 700,000 1,400,000 3M Settlement Implementation 28,174,000 63,477,000 26,250,000 5,000,000 Water Softening 100,000,000 Pedestrian Crossings 250,000 Public Utilities Facilities total 30,899,000 73,367,000 26,740,000 6,190,000 100,740,000 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 PROJECTS BY PROGRAM CATEGORY NOTE: This recap includes the total project cost. See the individual project page for funding sources 6 PROGRAM CATEGORY 2024 2025 2026 2027 2028 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 PROJECTS BY PROGRAM CATEGORY NOTE: This recap includes the total project cost. See the individual project page for funding sources Trail Improvement Projects CR 74 Trail 271,000 Trail Improvement projects total 271,000 - - - - Street & Road Improvement Projects Roadway Maintenance 1,794,000 1,884,000 1,979,000 2,078,000 2,183,000 South District Street & Utility Project 5,250,000 E Pt Douglas & Jamaica 4,907,000 800,000 CSAH 19 and TH 61 7,000,000 3,000,000 16,500,000 16,500,000 22,900,000 Jamaica Avenue 3,380,000 3,000,000 Ravine parkway Shoppes at Cottage View 5,325,000 4,021,000 1,253,000 Ravine parkway 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 80th Street (CSAH19 to TH 61) Reconstruction 10,000,000 80th Street (80th/Keats roundabout cost share)1,000,000 River Oaks Hwy 61 RCUT 1,210,000 Harkness Ave Reconstruction 3,162,000 103rd Street Bridge 8,000,000 Subtotal before PM 25,541,000 13,009,000 35,500,000 24,993,000 38,083,000 PM 2024 6,156,000 PM 2025 4,745,000 PM 2026 5,436,000 PM 2027 4,021,000 PM 2028 2,770,200 Road & Street Improvement projects total 31,697,000 17,754,000 40,936,000 29,014,000 40,853,200 GRAND TOTAL 78,930,000$ 113,061,000$ 81,906,000$ 42,414,000$ 142,793,200$ 7 -This Page Intentionally left Blank - 8 City of Cottage Grove CIP 2024-2028 Funding Summary by Year 2024 2025 2026 2027 2028 Total '24 to '28 Funding Source Bonds for Utility Building 9,750,000 9,750,000 Bonds for Street Projects 6,360,000 1,000,000 5,021,000 3,191,000 3,000,000 18,572,000 Bonds for Pavement Mgmt 5,556,000 4,228,000 4,893,000 3,578,425 2,483,800 20,739,225 Bonds for Water Tower 4,000,000 4,000,000 Bonds for LOST 17,000,000 13,000,000 6,000,000 36,000,000 Park Improvement 448,000 970,000 550,000 475,000 295,000 2,738,000 Public Landscape Initiative 100,000 120,000 80,000 100,000 120,000 520,000 Park Trust 1,065,000 3,315,000 515,000 515,000 515,000 5,925,000 Ice Arena Capital Fund 515,000 35,000 10,000 120,000 200,000 880,000 Municipal Building 500,000 500,000 Franchise Fees 2,094,000 1,884,000 1,979,000 2,078,000 2,183,000 10,218,000 MSA 867,000 1,800,000 5,000,000 1,000,000 3,000,000 11,667,000 Developer Asmts/Fees 2,225,000 1,350,000 1,000,000 1,768,000 1,717,000 8,060,000 Other Governments 10,122,000 6,350,000 19,500,000 14,500,000 128,183,000 178,655,000 3M Settlement 27,400,000 63,477,000 26,250,000 5,000,000 122,127,000 Utilities 7,769,000 2,137,000 3,038,000 1,562,575 1,026,400 15,532,975 Area Funds 530,000 4,895,000 1,070,000 2,526,000 70,000 9,091,000 ED Trust 3,225,000 3,225,000 Other funding 904,000 904,000 78,930,000 113,061,000 81,906,000 42,414,000 142,793,200 459,104,200 9 -This Page Intentionally left Blank - 10 FACILITIES AND PARK PROJECTS Funding Sources 2024 2025 2026 2027 2028 Tax Levy -$ -$ -$ -$ -$ Bonded Debt 9,850,000$ -$ 75,000$ -$ 70,000$ State/Other Government Units 595,000$ -$ -$ -$ -$ Park Improvement Fund 448,000$ 970,000$ 550,000$ 475,000$ 295,000$ Park Trust Fund 1,065,000$ 3,315,000$ 515,000$ 515,000$ 515,000$ Landscape Initiative 90,000$ 120,000$ 80,000$ 100,000$ 120,000$ Municipal Building Fund -$ 500,000$ -$ -$ -$ Other:4,015,000$ 17,035,000$ 13,010,000$ 6,120,000$ 200,000$ TOTAL 16,063,000 21,940,000 14,230,000 7,210,000 1,200,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements 272,000$ -$ -$ -$ -$ Engineering/Architect 1,443,000$ 5,245,000$ 3,265,000$ 1,515,000$ 15,000$ Admin/Legal -$ -$ -$ -$ -$ Construction 14,168,000$ 16,565,000$ 10,875,000$ 5,585,000$ 1,055,000$ Maintenance -$ -$ -$ -$ -$ Other 180,000$ 130,000$ 90,000$ 110,000$ 130,000$ TOTAL 16,063,000 21,940,000 14,230,000 7,210,000 1,200,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 11 Project Title Project Description PW & Parks Facility Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 9,750,000 State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building 500,000 Other: Utility Fund 3,500,000 TOTAL 13,250,000 500,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements 272,000 Engineering/Architect 1,328,000 80,000 Admin/Legal Construction 11,650,000 420,000 Maintenance Other TOTAL 13,250,000 500,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2024 - Utilities Division Building Construction ($13,250,000), Expended $750,000 in 2023 2025 - Shop and Wash Bay Modifications ($500,000) 12 Project Title Project Description Matching Funds Program Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 10,000 10,000 10,000 10,000 10,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 10,000 10,000 10,000 10,000 10,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 10,000 10,000 10,000 10,000 10,000 TOTAL 10,000 10,000 10,000 10,000 10,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Funds used to match donations from outside organizations on specific park projects 13 Project Title Project Description Public Landscape Initiative Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units 80,000 Park Improvement Fund Park Trust Fund Landscape Initiative 90,000 120,000 80,000 100,000 120,000 Municipal Building Other: TOTAL 170,000 120,000 80,000 100,000 120,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction Maintenance Other 170,000 120,000 80,000 100,000 120,000 TOTAL 170,000 120,000 80,000 100,000 120,000 Project Balance -$ -$ -$ -$ -$ 2027 - Future ROW Beautification ($50,000), Woodridge Park Woodland Restoration ($30,000), Annual Commercial EAB Replacement ($10,000), Arbor Day Tree Planting ($10,000)2028 - Future ROW Beautification ($50,000), Pine Tree Valley & Pine Tree Pond Park Open Space Restoration Grant Match ($50,000), Annual Commercial EAB Replacement ($10,000), Arbor Day Tree Planting ($10,000) CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2024 - Jamaica Ave 100th to HWY Ramps ($50,000), Cottage Grove Trailway Corridor Restoration ($20,000, grant match $80,000), Annual Commercial EAB Replacement ($10,000), Arbor Day Tree Planting ($10,000) 2025 - Oakwood Park ($50,000), Future ROW Beautification ($50,000), Annual Commercial EAB Replacement ($10,000), Arbor Day Tree Planting ($10,000) 2026 - 80th St HWY 61 to Ideal ($50,000), Public Facility Beautification ($10,000), Annual Commercial EAB Replacement ($10,000), Arbor Day Tree Planting ($10,000) 14 Project Title Project Description Park Design and Planning Funding for design and planning of parks as development occurs. Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund 15,000 15,000 15,000 15,000 15,000 Landscape Initiative Municipal Building Other: TOTAL 15,000 15,000 15,000 15,000 15,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect 15,000 15,000 15,000 15,000 15,000 Admin/Legal Construction Maintenance Other TOTAL 15,000 15,000 15,000 15,000 15,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 15 Project Title Project descriptionBuilding Locks 2024 - Woodridge Department 2025 - Highlands Parks 2026 - Kingston 2027 - Hamlet 2028 - Peter Thompson Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 35,000 35,000 35,000 35,000 35,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 35,000 35,000 35,000 35,000 35,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 35,000 35,000 35,000 35,000 35,000 Maintenance Other TOTAL 35,000 35,000 35,000 35,000 35,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Annual addition of automatic locks for various park building restrooms throughout the community 16 Project Title Project Description 2024 - Woodridge Park Tennis, Basketball, Ice Rink 2025 - Hearthside Ice Rink 2026 - Hamlet Football/Soccer, Courts and Ice RinkDepartment2027 - Lamar Park LED & Poles Parks 2028 - Old CG Park Sports Lighting Replacement Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 113,000 65,000 355,000 350,000 35,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 113,000 65,000 355,000 350,000 35,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 113,000 65,000 355,000 350,000 35,000 Maintenance Other TOTAL 113,000 65,000 355,000 350,000 35,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Sports Lighting Improvements 17 Project Title Project DescriptionReplace Playground equipment 2024 - West Draw, Granada, Nina - $210,000 2025 - Hardwood and Belden Parks - $140,000 Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 210,000 140,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 210,000 140,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 210,000 140,000 Maintenance Other TOTAL 210,000 140,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 18 Project Title Project description Pavement Management 2024 - Hearthside Park Improvements 2026 - Hillside/Jergen Trail (1,600lf) 2028 - Archery Range Shelter ($50,000) and trail work ($20,000) Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 100,000 75,000 70,000 State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building Other: Donations TOTAL 100,000 0 75,000 0 70,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 100,000 75,000 70,000 Maintenance Other TOTAL 100,000 0 75,000 0 70,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 19 Project Title Project description 2025 - Still Ponds ($500,000) & Roberts Lake Neighborhood Development ($500,000) 2026 - East Ravine Neighborhood or 100th Street Park Development (development driven) Department 2027 - East Ravine Neighborhood or 100th Street Park Development (development driven) Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund 700,000 1,000,000 500,000 500,000 500,000 Landscape Initiative Municipal Building Other: TOTAL 700,000 1,000,000 500,000 500,000 500,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 700,000 1,000,000 500,000 500,000 500,000 Maintenance Other TOTAL 700,000 1,000,000 500,000 500,000 500,000 Project Balance -$ -$ -$ -$ -$ 2028 - East Ravine Neighborhood or 100th Street Park Development (development driven) CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Neighborhood Park Development 2024 - Jack and Marlys Denzer Park ($500,000), Military Trailhead ($200,000) 20 Project Title Project DescriptionBelden Park 2024 Backstop Repair and Curbing Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 30,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 30,000 0 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 30,000 Maintenance Other TOTAL 30,000 0 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 21 Project Title Project description Bike Park 2024 - Track Improvements Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 50,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 50,000 0 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 50,000 Maintenance Other TOTAL 50,000 0 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 22 Project Title Project Description Hamlet Park 2026 - Skate Park Surface Replacement 2027 - Shelter Replacement Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 100,000 50,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL - - 100,000 50,000 - Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 100,000 50,000 Maintenance Other TOTAL - - 100,000 50,000 - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 23 Project Title Project Description Highlands Park Tennis Court Replacement Department Facilities Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 100,000 Park Trust Fund Landscape Initiative Municipal Building Other: Project Description TOTAL - - - - 100,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 100,000 Maintenance Other TOTAL - - - - 100,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 24 Project Title Project Description Kingston Park Building Replacement and Additional Power Supply Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 600,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 600,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect 100,000 Admin/Legal Construction 500,000 Maintenance Other TOTAL 0 600,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 25 Project Title Project Description Lamar Park 2025 - Lamar Park Shade Shelter Replacement (2) 2027 - Roof Replacement Department Facilities Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 80,000 10,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 80,000 0 10,000 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 80,000 10,000 Maintenance Other TOTAL 0 80,000 0 10,000 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 26 Project Title Project Description Oltman Middle School Lacrosse Complex and Parking Lot Construction Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units 350,000 Park Improvement Fund Park Trust Fund 350,000 2,300,000 Landscape Initiative Municipal Building Other: TOTAL 700,000 2,300,000 - - - Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect 100,000 800,000 Admin/Legal Construction 600,000 1,500,000 Maintenance Other TOTAL 700,000 2,300,000 - - - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 27 Project Title Project Description Pine Coulee 2027 - Court Replacement Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 20,000 Park Trust Fund Landscape Initiative Municipal Building Other: Land Sale TOTAL 0 0 0 20,000 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 20,000 Maintenance Other TOTAL 0 0 0 20,000 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 28 Project Title Project description Pine Glen Park Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 40,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 40,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 40,000 Maintenance Other TOTAL 0 40,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2025 - Picnic Shelter 29 Project Title Project Description Peter Thompson Park Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement fund 115,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 0 0 0 115,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 115,000 Maintenance Other TOTAL 0 0 0 0 115,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2028 Peter Thompson Park Upgrades: Roof Reshingle ($15,000), Rink Board Replacement ($100,000) 30 Project Title Project description Woodridge Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund 50,000 Park Trust Fund Landscape Initiative Municipal Building Other: TOTAL 0 0 50,000 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 50,000 Maintenance Other TOTAL 0 0 50,000 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2026 - Hockey Rink Boards Replacement 31 Project Title Project Description Ice Arena Capital Projects 2025 - West Rink Bleacher Radiant Heat ($35,000)Department 2026 - Locker Room 5/6/7 Furnace ($10,000) Parks 2027 - Zamboni 545 Replacement ($120,000)2028 - Dehumidifier Replacement North Rink ($200,000) Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units 165,000 Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building Other: North Point Naming Righ 515,000 35,000 10,000 120,000 200,000 TOTAL 680,000 35,000 10,000 120,000 200,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect Admin/Legal Construction 680,000 35,000 10,000 120,000 200,000 Maintenance Other TOTAL 680,000 35,000 10,000 120,000 200,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2024 - Party Lights for Public Sessions North Rink ($30,000), Water Treatment System for Ice Making ($100,000), Solar Panels ($550,000)-solar panels 2023/2024 32 Project Title Project Description LOST Projects 2025 - Hamlet Park 2026 - Mississippi Dunes 2027 - River Oaks Department Parks Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State/Other Government Units Park Improvement Fund Park Trust Fund Landscape Initiative Municipal Building Other: LOST 17,000,000 13,000,000 6,000,000 TOTAL 0 17,000,000 13,000,000 6,000,000 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements Engineering/Architect 4,250,000 3,250,000 1,500,000 Admin/Legal Construction 12,750,000 9,750,000 4,500,000 Maintenance Other TOTAL 0 17,000,000 13,000,000 6,000,000 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 33 -This Page Intentionally left Blank - 34 ALL TRANSPORTATION AND PUBLIC WORKS PROJECTS Funding Sources 2024 2025 2026 2027 2028 Tax Levy -$ -$ -$ -$ -$ Bonded Debt 11,683,000$ 9,228,000$ 9,839,000$ 6,769,425$ 5,413,800$ State of Minnesota/MSA 1,000,000$ 1,800,000$ 5,000,000$ 1,000,000$ 3,000,000$ Washington County 7,014,000$ 3,350,000$ 2,000,000$ 2,000,000$ 8,150,000$ Federal/Grant Funding 2,513,000$ 3,000,000$ 17,500,000$ 12,500,000$ 120,033,000$ Area Funds 530,000$ 3,895,000$ 1,070,000$ 2,526,000$ 70,000$ Utility Funds 4,269,000$ 3,137,000$ 3,038,000$ 1,562,575$ 976,400$ Assessments/Developer Fees 2,225,000$ 1,350,000$ 1,000,000$ 1,768,000$ 1,717,000$ Other:33,633,000$ 65,361,000$ 28,229,000$ 7,078,000$ 2,233,000$ TOTAL 62,867,000 91,121,000 67,676,000 35,204,000 141,593,200 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation 750,000$ 750,000$ -$ 250,000$ -$ Engineering/Architect 6,768,000$ 15,744,000$ 12,395,000$ 7,700,000$ 33,734,500$ Admin/Legal 50,000$ 50,000$ -$ 104,000$ -$ Construction 51,835,000$ 71,931,000$ 53,048,000$ 24,826,000$ 105,438,700$ Maintenance 2,540,000$ 1,676,000$ 1,214,000$ 1,254,000$ 1,296,000$ Other 924,000$ 970,000$ 1,019,000$ 1,070,000$ 1,124,000$ TOTAL 62,867,000 91,121,000 67,676,000 35,204,000 141,593,200 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 35 Project Title Project Description Roadway Maintenance Annual maintenance including: 4 miles of mill & overlay Concrete removal & replacement (2% per year)Department 6 miles trail maintenance (crack seal/fog seal)Public Works 2 miles trail reconstruction Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: Maintenance Fund 1,794,000 1,884,000 1,979,000 2,078,000 2,183,000 TOTAL 1,794,000 1,884,000 1,979,000 2,078,000 2,183,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 150,000 158,000 166,000 174,000 183,000 Admin/Legal Sealcoating Contract/Rock Maintenance 720,000 756,000 794,000 834,000 876,000 Other: Mill and Overlay 924,000 970,000 1,019,000 1,070,000 1,124,000 TOTAL 1,794,000 1,884,000 1,979,000 2,078,000 2,183,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 36 Project Title Project Description Pavement Management (includes ADA improvements) Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 5,456,000 4,228,000 4,818,000 3,578,425 2,413,800 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 700,000 517,000 618,000 442,575 356,400 Assessments/Developer Fees …. Other: TOTAL 6,156,000 4,745,000 5,436,000 4,021,000 2,770,200 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 1,282,000 1,356,000 1,554,000 1,148,000 791,500 Admin/Legal Construction 4,874,000 3,389,000 3,882,000 2,873,000 1,978,700 Maintenance Other TOTAL 6,156,000 4,745,000 5,436,000 4,021,000 2,770,200 Project Balance -$ -$ -$ -$ -$ 2028 - Thompson Grove Estates, Pinegrove 2026 - Woodridge Park (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen, see 80th Street CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2024 - Prestige Estates, Thompson Grove Estates 1&8, EPD (Hyde to CDS), see Jamaica Ave 2025 - Thompson Grove Estates 2nd, EPD (Jamaica to Hyde), Kingsborough Trail 2027 - Thompson Grove Estates 11&12, Woodridge Park Add (W of Jamaica) 37 Project Title Project Description 2024 - Realignment of 100th Street and Hadley Avenue (Year 3) Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 800,000 Assessments/Developer Fees 1,225,000 Other: ED Trust/Park Trust ($130k)3,225,000 TOTAL 5,250,000 - - - - Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 250,000 Admin/Legal Construction 5,000,000 Maintenance Other TOTAL 5,250,000 - - - - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM South District Street and Utility Project 38 Project Title Project DescriptionEast Pt. Douglas & Jamaica Reconstruction & realignment of the East Point Douglas Road intersections at Jamaica Ave and the Cub/Target entrances. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 2,847,000 State of Minnesota/MSA 800,000 Washington County Federal/Grant Funding 1,250,000 Area Funds Utility Funds 500,000 Assessments/Developer Fees Other: Public Landscape Initiative ($10k)/Roadway Maintenance ($300,000) 310,000 TOTAL 4,907,000 800,000 - - - Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation 750,000 750,000 Engineering/Architect 450,000 Admin/Legal 50,000 50,000 Construction 3,657,000 Maintenance Other TOTAL 4,907,000 800,000 - - - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 39 Project Title Project Description CSAH 19 and TH 61 2024 - Design/Construction for 100th Street Extension - PROTECT 2025 - Design/Construction for 100th Street Extension - CPF Grant 2026 - 100th St Extension Construction Department 2027 - 100th St Extension Construction Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 1,000,000 1,000,000 State of Minnesota/MSA Washington County 7,000,000 3,000,000 2,000,000 2,000,000 8,150,000 Federal/Grant Funding 12,500,000 12,500,000 14,033,000 Area Funds 1,000,000 1,000,000 Utility Funds Assessments/Developer Fees 717,000 Other: TOTAL 7,000,000 3,000,000 16,500,000 16,500,000 22,900,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 1,250,000 1,250,000 3,750,000 3,750,000 Admin/Legal Construction 5,750,000 1,750,000 12,750,000 12,750,000 22,900,000 Maintenance Other TOTAL 7,000,000 3,000,000 16,500,000 16,500,000 22,900,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2028 - Reconstruction/realignment of bridge/overpass over highway 61 at County Rd 19 (Innovation Road) - $4Million in Grant Funding 40 Project Title Project Description Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 1,000,000 4,021,000 1,253,000 State of Minnesota/MSA Washington County Federal/Grant Funding 3,000,000 Area Funds 1,325,000 Utility Funds Assessments/Developer Fees Other: TOTAL - 5,325,000 4,021,000 1,253,000 - Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 1,300,000 1,000,000 500,000 Admin/Legal Construction 4,025,000 3,021,000 753,000 Maintenance Other TOTAL - 5,325,000 4,021,000 1,253,000 - Project Balance -$ -$ -$ -$ -$ 2027 - Construction of roadway and infrastructure to support the retail/commercial development CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Ravine Parkway - Shoppes at Cottage View 2025 - Phase 1 Construction of roadway and infrastructure to support the retail/commercial 2026 - Construction of roadway and infrastructure to support the retail/commercial development 41 Project Title Project Description Ravine Parkway 2024 - Wolterstorff 2025 - Kemp 2026 - Geis Department 2027 - Tank Public Works 2028 - Tank Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Other: TOTAL 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 300,000 300,000 300,000 300,000 300,000 Admin/Legal Construction 1,700,000 1,700,000 1,700,000 1,700,000 1,700,000 Maintenance Other TOTAL 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 42 Project Title Project Description 80th Street Reconstruction Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA 4,000,000 Washington County Federal/Grant Funding 5,000,000 Area Funds Utility Funds 2,000,000 Assessments/Developer Fees Other: TOTAL 0 0 11,000,000 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 3,000,000 Admin/Legal Construction 8,000,000 Maintenance Other TOTAL 0 0 11,000,000 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2026 - Ideal to Hwy 61 - Includes reconstruction, spot curb replacement, ADA improvements, landscaping, and trail replacement; 80th/Keats Roundabout Cost Share ($1,000,000 MSA) 43 Project Title Project Description River Oaks Hwy 61 RCUT 2024 - Conversion of River Oaks access into a reduced conflict U-Turn intersection Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding 1,010,000 Area Funds Utility Funds Assessments/Developer Fees Other: EDA Interfund Loan 200,000 TOTAL 1,210,000 - - - - Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 363,000 Admin/Legal Construction 847,000 Maintenance Other TOTAL 1,210,000 - - - - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 44 Project Title Project description Reconstruct Harkness Avenue to an urban section with utilities, from Oakwood Park to the north Hardwood Ave intersection. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 938,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 1,456,000 Utility Funds Assessments/Developer Fees 768,000 Other: TOTAL 0 0 0 3,162,000 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation 250,000 Engineering/Architect 728,000 Admin/Legal 104,000 Construction 2,080,000 Maintenance Other TOTAL 0 0 0 3,162,000 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Harkness Ave Reconstruction 45 Project Title Project Description Jamaica Ave 2024 - 80th to 90th Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 3,380,000 3,000,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds Assessments/Developer Fees Other: TOTAL 3,380,000 0 0 0 3,000,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 680,000 Admin/Legal Construction 2,700,000 3,000,000 Maintenance Other TOTAL 3,380,000 0 0 0 3,000,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2028 - Reconstruction of Jamaica Ave from Rose of Sharon Church to Military Road to the urban four lane section roadway. 46 Project Title Project Description 103rd St Railroad Bridge 2028 - Reconstruct 103rd Street railroad bridge Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA 2,000,000 Washington County Federal/Grant Funding 6,000,000 Area Funds Utility Funds Assessments/Developer Fees Other: TOTAL 0 0 0 0 8,000,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 2,400,000 Admin/Legal Construction 5,600,000 Maintenance Other TOTAL 0 0 0 0 8,000,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 47 Project Title Project Description Traffic Signals 2024 - Hardwood Ave/Hardwood Ct 2025 - 80th/Jamaica, Keats/Indian Blvd Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County 350,000 Federal/Grant Funding Area Funds Utility Funds 700,000 Assessments/Developer Fees 350,000 Other: 1-12 TIF District 700,000 TOTAL 700,000 1,400,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 140,000 280,000 Admin/Legal Construction 560,000 1,120,000 Maintenance Other TOTAL 700,000 1,400,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 48 Project Title Project Description East Ravine District Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 50,000 50,000 50,000 50,000 50,000 Utility Funds Assessments/Developer Fees Other: TOTAL 50,000 50,000 50,000 50,000 50,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction 50,000 50,000 50,000 50,000 50,000 Maintenance Other TOTAL 50,000 50,000 50,000 50,000 50,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM As residential development occurs in the East Ravine, various infrastructure will be constructed to support the new housing. This infrastructure will be paid for by developers either through City financed construction supported by assessments or by Developer constructed of same. 49 Project Title Project Description CR 74 Trail Department Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County 14,000 Federal/Grant Funding 253,000 Area Funds Utility Funds Assessments/Developer Fees Other: Roadway Maintenance 4,000 TOTAL 271,000 0 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction 271,000 Maintenance Other TOTAL 271,000 0 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2024 - Cost Share with County for addition of trail along south side of CR 74 (65th Street) from Meadowgrass to Hadley; Safe Routes to School grant ($253,000) 50 Project Title Project description Industrial Park Water Tower Construct water tower on City property north of the South East Industrial Park. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt 4,000,000 State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 2,500,000 Utility Funds 1,000,000 Assessments/Developer Fees Other: TOTAL 0 7,500,000 0 0 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 500,000 Admin/Legal Construction 7,000,000 Maintenance Other TOTAL 0 7,500,000 0 0 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 51 Project Title Project Description Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 700,000 Assessments/Developer Fees Other: Newport TOTAL - - - 700,000 - Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 100,000 Admin/Legal Construction 600,000 Maintenance Other TOTAL - - - 700,000 - Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 2027 - Pine Hill Water TowerWater Tower Painting/Rehab 52 Project Title Project Description Annual well maintenance Each year a well is 'pulled' for inspection and repair of the pump and other vital parts. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 70,000 70,000 70,000 70,000 70,000 Assessments/Developer Fees Other: TOTAL 70,000 70,000 70,000 70,000 70,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 70,000 70,000 70,000 70,000 70,000 Other TOTAL 70,000 70,000 70,000 70,000 70,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 53 Project Title Project description Water System 2024 - SCADA Upgrades 2028 - Water Softening ($70,000,000 Intermediate Plant; $30,000,000 Low Plant) Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding 100,000,000 Area Funds Utility Funds 1,035,000 Assessments/Developer Fees Other: TOTAL 1,035,000 0 0 0 100,000,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 135,000 30,000,000 Admin/Legal Construction 70,000,000 Maintenance 900,000 Other TOTAL 1,035,000 0 0 0 100,000,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 54 Project Title Project Description 3M Settlement Implementation 2024-2025 - Low Zone Water Treatment Plant and Well 13 2025-2026 - Intermediate Zone Water Treatment Plant 2027 - Well 1, Well 2, and Temp Treatment Plant Decommissioning Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 460,000 Utility Funds 314,000 Assessments/Developer Fees Other: 3M Settlement 27,400,000 63,477,000 26,250,000 5,000,000 TOTAL 28,174,000 63,477,000 26,250,000 5,000,000 0 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 1,768,000 10,600,000 2,625,000 1,000,000 Admin/Legal Construction 26,406,000 52,877,000 23,625,000 4,000,000 Maintenance Other TOTAL 28,174,000 63,477,000 26,250,000 5,000,000 0 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 55 Project Title Project Description Trunk Utility Oversizing Trunk oversizing of water and sewer facilities as part of development projects Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds 20,000 20,000 20,000 20,000 20,000 Utility Funds Assessments/Developer Fees Other: TOTAL 20,000 20,000 20,000 20,000 20,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction 20,000 20,000 20,000 20,000 20,000 Maintenance Other TOTAL 20,000 20,000 20,000 20,000 20,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 56 Project Title Project Description Stormwater maintenance Annual costs of pond and structure maintenance for City Stormwater system. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 200,000 200,000 200,000 200,000 200,000 Assessments/Developer Fees Other: TOTAL 200,000 200,000 200,000 200,000 200,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 200,000 200,000 200,000 200,000 200,000 Other TOTAL 200,000 200,000 200,000 200,000 200,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 57 Project Title Project Description 2024/2025 - Lining trunk sewer from Jamaica and East Point down through the dog park Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 550,000 550,000 50,000 50,000 50,000 Assessments/Developer Fees Other: TOTAL 550,000 550,000 50,000 50,000 50,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 550,000 550,000 50,000 50,000 50,000 Other TOTAL 550,000 550,000 50,000 50,000 50,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM Annual sewer line maintenance/spot sliplining 58 Project Title Project Description Streetlight system improvements Annual cost to refurbish and upgrade the City Streetlight infrastructure. Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 100,000 100,000 100,000 100,000 100,000 Assessments/Developer Fees Other: TOTAL 100,000 100,000 100,000 100,000 100,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect Admin/Legal Construction Maintenance 100,000 100,000 100,000 100,000 100,000 Other TOTAL 100,000 100,000 100,000 100,000 100,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2028 CAPITAL IMPROVEMENT PROGRAM 59 Project Title Project description Pedestrian Crossings Department Public Works Funding Sources 2024 2025 2026 2027 2028 Tax Levy Bonded Debt State of Minnesota/MSA Washington County Federal/Grant Funding Area Funds Utility Funds 200,000 Assessments/Developer Fees Other: School District 50,000 TOTAL 0 0 0 0 250,000 Project Expenses 2024 2025 2026 2027 2028 Land/Easements/Utility Relocation Engineering/Architect 60,000 Admin/Legal Construction 190,000 Maintenance Other TOTAL 0 0 0 0 250,000 Project Balance -$ -$ -$ -$ -$ CITY OF COTTAGE GROVE 5 YEAR CAPITAL IMPROVEMENT BUDGET 2024-2027 CAPITAL IMPROVEMENT PROGRAM Install Pedestrian Crossing Infrastructure, including Rectangular Rapid Flashing Beacon and marked crosswalk: 80th Street at Pinetree Valley Park and Pinetree Pond Park ($200,000), and Hadley Avenue at 92nd Street ($50,000) 60 -This Page Intentionally left Blank - 61 Current Year CIP Last Year CIP points Location Description map Maintenance Replace New Total 2024 2024 Utility Division Building FA1 13,250,000 13,250,000 2024 2024 Parks Matching funds 10,000 10,000 2024 2024 Public Landscape initiative 170,000 170,000 2024 2024 Parks Park design & master planning 15,000 15,000 2024 2024 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2024 2022 Belden Park Backstop repair and curbing PR1 30,000 30,000 2024 2024 Bike Park Track improvements PR2 50,000 50,000 2024 2024 Hearthside Park Park improvements as part of pavement mgmt.PR3 100,000 100,000 2024 2024 Military Trailhead Neighborhood park development PR4 200,000 200,000 2024 2024 John and Marlys Denzer Park Neighborhood park development PR5 500,000 500,000 2024 2024 Oltman Middle School Lacrosse complex and parking lot construction PR6 700,000 700,000 2024 2024 West Draw, Granada, Nina Playground equipment PR7 210,000 210,000 2024 2024 Woodridge Park Sports lighting improvements PR8 113,000 113,000 2024 2024 Ice Arena PR9 100,000 580,000 680,000 2024 2024 CR 74 Trail Cost share with County PW1 271,000 271,000 2024 2024 Roadway & trail maintenance Streets, sidewalk/curb replacement, & trails 1,794,000 1,794,000 2024 2024 Pavement Management Prestige estates, and others (see Project Sheet)PW2 6,156,000 6,156,000 2024 2023 100th Street & Hadley Realignment Phase 3-South District Street & Utility Project PW3 5,250,000 5,250,000 2024 2024 511 CSAH 19 and TH 61 Design for 100th Street Extension PW4 7,000,000 7,000,000 2024 2024 East Point Douglas & Jamaica Reconstruction and Realignment PW5 4,907,000 4,907,000 2024 New Jamaica 80th to 90th PW2 3,380,000 3,380,000 2024 2022 Ravine Parkway Wolterstorff PW6 2,000,000 2,000,000 2024 2024 River Oaks Hwy 61 RCUT Reduced conflict U-turn intersection PW7 1,210,000 1,210,000 2024 2023 3M Settlement Implementation Low Zone Water Treatment plant & Well 13 PW8 28,174,000 28,174,000 2024 2023 Traffic Signal Hardwood Ave/Hardwood Ct PW9 700,000 700,000 2024 2024 East Ravine District City share of development infrastructure 50,000 50,000 2024 New SCADA upgrade 1,035,000 1,035,000 2024 2024 Trunk oversizing utilities 20,000 20,000 2024 2023 Jamaica & EPD through the dog park Spot replacement/slip lining 550,000 550,000 2024 2024 various stormwater Storm water maintenance 200,000 200,000 2024 2024 various streetlights System improvements 100,000 100,000 2024 2024 Well Maintenance Pull well 70,000 70,000 2,714,000 16,081,000 60,135,000 78,930,000 62 2024 CIP Project Locations Cottage Grove, MN Date: 8/9/2023 ±INWOOD AVE100TH ST LAMAR AVEINNOVATION RDLEHIGH RD 80TH ST KIMBRO AVE70TH ST (C.S.A.H.22) 85TH ST 65TH ST(CR 74) 100TH ST 103RD ST 80TH ST80TH ST HILLSIDE TRAILHADLEY AVEHINTON AVEJAMAICAAVEHADLEY AVEJAMAICA AVEIDEAL AVE77TH ST JAMAICA AVE85TH ST E P T DO U G L A S R D E P T D O U G L A S R DKEATS AVENUE S(C.S.A.H. 19)HARKNESSAVE90TH ST GRE Y C L O U D T R L JAMAICAAVEINDIAN BLVD W P T D O U G L A S R D ST A T E H W Y 6 1KEATS AVE(C.S.A.H 19.)110TH ST 90TH STHARDWOODAVES T A T E H W Y 6 1 95TH ST ST A T E H W Y 6 1 70TH ST (CSAH 20)MANNINGAVE (STATEHWY 95)PW4 FA1 PW8 PW3 PW5 PW9 PW6 PR6 PR2/7 PR4 PR7 PR3 PW2 PR8 PW7 PR7 PR5 PR1 PR9 PW1 PW2 PW2 0 1 20.5 Miles Facilities Parks and Recreation Public Works CIP Projects 63 Current Year CIP Last Year CIP points Location Description map Maintenance Replace New Total 2025 2025 PW & Parks Facility Internal office remodel FA2 500,000 500,000 2025 2025 Parks Matching funds 10,000 10,000 2025 2025 Public Landscape initiative 120,000 120,000 2025 2025 Parks Park design & master planning 15,000 15,000 2025 2025 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2025 New Hamlet Park PR10 17,000,000 17,000,000 2025 2025 Hardwood & Belden Parks Playground equipment PR11 140,000 140,000 2025 2025 Hearthside Park Sports lighting improvements-ice rink PR3 65,000 65,000 2025 2025 Ice Arena PR9 35,000 35,000 2025 2025 Kingston Park Building replacement & additional power PR12 600,000 600,000 2025 2025 Lamar Park Shade structure replacement PR13 80,000 80,000 2025 2024 Oltman Middle School Lacrosse complex and parking lot construction PR6 2,300,000 2,300,000 2025 2025 Pine Glen Park Picnic shelter PR14 40,000 40,000 2025 2024 Roberts Lake Development Neighborhood park development PR15 500,000 500,000 2025 2023 Still Ponds Neighborhood park development 500,000 500,000 2025 2025 Roadway & trail maintenance Streets, sidewalk/curb replacement, & trails 1,884,000 1,884,000 2025 2025 Pavement Management Thompson Grove Estates 2nd, EPD (Jamaica to Hyde) Kingsborough Trail PW10 4,745,000 4,745,000 2025 2025 511 CSAH 19 and TH 61 100th Street Extension PW4 3,000,000 3,000,000 2025 2025 East Point Douglas & Jamaica Reconstruction and Realignment 800,000 800,000 2025 2024 Ravine Parkway Kemp property PW11 2,000,000 2,000,000 2025 2024 Ravine Parkway-Shoppes at CV Phase 1 Construction-roadway & infrastructure PW12 5,325,000 5,325,000 2025 2025 East Ravine District City share of development infrastructure 50,000 50,000 2024 2024 3M Settlement Implementation Intermediate zone water treatment plant PW13 63,477,000 63,477,000 2025 2023 Industrial Park Water Tower Construct Water Tower PW14 7,500,000 7,500,000 2025 2025 Traffic Signal 80th & Jamaica PW15 700,000 700,000 2025 2025 Traffic Improvement CSAH 19 & Indian Blvd.PW16 700,000 700,000 2025 2025 Trunk oversizing Utilities 20,000 20,000 2025 2023 Jamaica & EPD through the dog park Spot replacement/slip lining 550,000 550,000 2025 2025 various stormwater Storm water maintenance 200,000 200,000 2025 2025 various streetlights System improvements 100,000 100,000 2025 2025 Well Maintenance Pull well 70,000 70,000 2,804,000 7,005,000 103,252,000 113,061,000 64 2025 CIP Project Locations Cottage Grove, MN Date: 8/9/2023 ±INWOOD AVE100TH ST LAMAR AVEINNOVATION RDLEHIGH RD 80TH ST KIMBRO AVE70TH ST (C.S.A.H.22) 85TH ST 65TH ST(CR 74) 100TH ST 103RD ST 80TH ST80TH ST HILLSIDE TRAILHADLEY AVEHINTON AVEJAMAICA AVEHADLEY AVEJAMAICA AVEIDEAL AVE77TH ST JAMAICA AVE85TH ST E P T DO U G L A S R D E P T D O U G L A S R DKEATS AVENUE S(C.S.A.H. 19)HARKNESS AVE90TH ST GRE Y C L O U D T R L JAMAICA AVEINDIAN BLVD W P T D O U G L A S R D ST A T E H W Y 6 1KEATS AVE(C.S.A.H 19.)110TH ST 90TH STHARDWOODAVES T A T E H W Y 6 1 95TH ST ST A T E H W Y 6 1 70TH ST(CSAH 20)MANNINGAVE (STATEHWY 95)PR13 PW12 PW4 PW14 PR6 PR15PW11 PW13PR3 FA2 PR11 PR12 PR11 PW10 PR14 PW10 PW15 PW16 PR9 PR10 0 1 20.5 Miles Facilities Parks and Recreation Public Works CIP Projects 65 Current Year CIP Last Year CIP points Location Description map Maintenance Replace New Total 2026 2026 Parks matching funds 10,000 10,000 2026 2026 Public Landscape initiative 80,000 80,000 2026 2026 Parks Park design & master planning 15,000 15,000 2026 2026 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2026 2026 East Ravine or 110th Street Park Neighborhood park development PR16 500,000 500,000 2026 2026 Hamlet Park Skate park surface replacement PR10 100,000 100,000 2026 2026 Hamlet Park Sports lighting improvements PR10 355,000 355,000 2026 New Mississippi Dunes PR17 13,000,000 13,000,000 2026 New Parks Hillside/Jergen Trail as part of pavement mgmt. PR18 75,000 75,000 2026 2026 Woodridge Park Hockey rink boards replacement PR8 50,000 50,000 2026 New Ice Arena PR9 10,000 10,000 2026 2026 Roadway & trail maintenance Streets, sidewalk/curb replacement, & trails 1,979,000 1,979,000 2026 2025 511 CSAH 19 and TH 61 100th Street Extension PW4 16,500,000 16,500,000 2026 2026 Ravine Parkway-Shoppes at CV Phase 2 Construction-roadway & infrastructure PW12 4,021,000 4,021,000 2026 2026 Pavement Management Woodridge Park (E of Jamaica) CG Estates, Meadow Acres, Pine Glen PW17 5,436,000 5,436,000 2026 2024 80th Street Ideal to Hwy 61 (see Project Sheet)PW18 10,000,000 10,000,000 2026 2026 80th Street Roundabout at Keats Ave (cost share)PW19 1,000,000 1,000,000 2026 2025 Ravine Parkway Geis PW20 2,000,000 2,000,000 2026 New 3M Settlement Implementation Intermediate zone water treatment plant 26,250,000 26,250,000 2026 2026 East Ravine District City share of development infrastructure 50,000 50,000 2026 2026 Trunk oversizing Utilities 20,000 20,000 2026 2026 Various sewer Spot replacement/slip lining 50,000 50,000 2026 2026 various stormwater Storm water maintenance 200,000 200,000 2026 2026 various streetlights System improvements 100,000 100,000 2026 2026 Well Maintenance Pull well 70,000 70,000 2,399,000 17,026,000 62,481,000 81,906,000 66 2026 CIP Project Locations Cottage Grove, MN Date: 8/9/2023 ±INWOOD AVE100TH ST LAMARAVEINNOVATION RDLEHIGH RD 80TH ST KIMBRO AVE70TH ST(C.S.A.H.22) 85TH ST 65TH ST(CR 74) 100TH ST 103RD ST 80TH ST80TH ST HILLSIDE TRAILHADLEY AVEHINTON AVEJAMAICA AVEHADLEY AVEJAMAICA AVEIDEAL AVE77TH ST JAMAICA AVE85TH STE P T DO U G L A S R D E P T D O U G L A S R DKEATS AVENUE S(C.S.A.H. 19)HARKNESS AVE90TH ST GRE Y C L O U D T R L JAMAICA AVEINDIANBLVD W P T DO U G L A S R D ST A T E H W Y 6 1KEATS AVE(C.S.A.H 19.)110THST 90TH STHARDWOODAVEST A T E H W Y 6 1 95TH ST ST A T E H W Y 6 1 70TH ST (CSAH 20)MANNINGAVE (STATEHWY 95)PR16 PR10 PR16 PW12 PW4 PW18 PR8 PW20 PW19 PW17 PR9 PR18 PR17 0 1 20.5 Miles CIP Projects Parks and Rec Public Works 67 Current Year CIP Last Year CIP points Location Description map Maintenance Replace New Total 2027 2027 Parks matching funds 10,000 10,000 2027 2027 Public Landscape initiative 100,000 100,000 2027 2027 Parks Park design & master planning 15,000 15,000 2027 2027 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2027 2027 East Ravine or 110th Street Park Neighborhood park development PR16 500,000 500,000 2027 2027 Hamlet Park Shelter replacement PR10 50,000 50,000 2027 2027 Lamar Park Roof replacement PR13 10,000 10,000 2027 2027 Lamar Park Sports lighting improvements PR13 350,000 350,000 2027 2027 Pine Coulee Court replacement PR19 20,000 20,000 2027 New Ice Arena PR9 120,000 120,000 2026 New River Oaks PR20 6,000,000 6,000,000 2027 2027 Roadway & trail maintenance Streets, sidewalk/curb replacement, & trails 2,078,000 2,078,000 2027 2027 Pavement Management Thompson Grove 11&12, Woodridge Park Add (W of Jamaica)PW21 4,021,000 4,021,000 2027 2027 Ravine Parkway-Shoppes at CV Phase 3 Construction-roadway & infrastructure PW12 1,253,000 1,253,000 2027 2027 511 CSAH 19 and TH 61 Realignment of bridge (see project sheet)PW4 16,500,000 16,500,000 2027 2025 Harkness Ave - Hardwood to Woodridge Reconstruct roadway PW22 3,162,000 3,162,000 2027 2026 Ravine Parkway Tank PW23 2,000,000 2,000,000 2027 2026 3M Settlement Implementation Well 1 & 2 and Temp Treatment Plant decommission 5,000,000 5,000,000 2027 2025 Pine Hill Water tower painting 700,000 700,000 2027 2027 East Ravine District City share of development infrastructure 50,000 50,000 2027 2027 Trunk oversizing Utilities 20,000 20,000 2027 2027 Various sewer Spot replacement/slip lining 50,000 50,000 2027 2027 various stormwater Storm water maintenance 200,000 200,000 2027 2027 various streetlights System improvements 100,000 100,000 2027 2027 Well Maintenance Pull well 70,000 70,000 3,198,000 12,733,000 26,483,000 42,414,000 68 2028 CIP Project Locations Cottage Grove, MN ± Date: 10/12/2023INWOOD AVE100TH ST LAMAR AVELEH IGH RD 80TH ST INNOVATION RDKIMBRO AVE70TH ST (C.S.A.H.22) 85TH ST 65TH ST (CR 74) 100TH ST 103RD ST 80TH ST80TH ST HILLSIDE TRAILHINTON AVEJAMAICA AVEHADLEY AVEJAMAICA AVEIDEAL AVE77TH ST JAMAICA AVE85TH STHADLEY AVEE P T DO U G L A S R DKEATS AVENUE S(C.S.A.H. 19)HARKNESS AVE90TH ST GRE Y C L O U D T R L JAMAICA AVEINDIAN BLVD W P T D O U G L A S R D ST A T E H W Y 6 1KEATS AVE(C.S.A.H 19.)110THST 90TH STHARDWOODAVEST A T E H W Y 6 1 ST A T E H W Y 6 1 95TH ST 70TH ST (CSAH 20)MANNINGAVE (STATEHWY 95)PW27 PR16 PW24 PR16 PW23 PR9 PR22 PR23 PR24 PR21PW25 PW26 PW28 PW28 Public Works Parks and Recreation CIP Projects 0 1 20.5 Miles 69 Current Year CIP Last Year CIP points Location Description map Maintenance Replace New Total 2028 Parks matching funds 10,000 10,000 2028 Public Landscape initiative 120,000 120,000 2028 Parks Park design & master planning 15,000 15,000 2028 Parks Annual addition of auto. locks on park buildings 35,000 35,000 2028 Archery Range Shelter and trail work as part of pavement mgmt.PR21 70,000 70,000 2028 East Ravine or 110th Street Park Neighborhood park development PR16 500,000 500,000 2028 Highlands Park Tennis court replacement PR22 100,000 100,000 2028 Old Cottage Grove Park Sports lighting replacement PR23 35,000 35,000 2028 Peter Thompson Park Upgrades, roof reshingle, rink board replacement PR24 115,000 115,000 2027 New Ice Arena PR9 200,000 200,000 2028 Roadway & trail maintenance Streets, sidewalk/curb replacement, & trails 2,183,000 2,183,000 2028 Pavement Management Thompson Grove Estates, Pinegrove PW25 2,770,200 2,770,200 2028 511 CSAH 19 and TH 61 Realignment of bridge (see project sheet)PW26 22,900,000 22,900,000 2028 Jamaica 70th to Military PW27 3,000,000 3,000,000 2028 2027 Ravine Parkway Tank PW23 2,000,000 2,000,000 2028 2027 103rd Street Railroad Budget reconstruction of 103rd street railroad bridge PW24 8,000,000 8,000,000 2028 East Ravine District City share of development infrastructure 50,000 50,000 2028 Trunk oversizing Utilities 20,000 20,000 2028 Water softening Federal/Grant Funding 100,000,000 100,000,000 2028 Various sewer Spot replacement/slip lining 50,000 50,000 2028 various stormwater Storm water maintenance 200,000 200,000 2028 various streetlights System improvements 100,000 100,000 2028 80th St at PV Park & PT Pond Park pedestrian crossings PW28 200,000 200,000 2028 Hadley at 92nd Street pedestrian crossings PW28 50,000 50,000 2028 Well Maintenance Pull well 70,000 70,000 2,603,000 11,220,200 128,970,000 142,793,200 70 2028 CIP Project Locations Cottage Grove, MN ± Date: 10/12/2023INWOOD AVE100TH ST LAMAR AVELEH IGH RD 80TH ST INNOVATION RDKIMBRO AVE70TH ST (C.S.A.H.22) 85TH ST 65TH ST (CR 74) 100TH ST 103RD ST 80TH ST80TH ST HILLSIDE TRAILHINTON AVEJAMAICA AVEHADLEY AVEJAMAICA AVEIDEAL AVE77TH ST JAMAICA AVE85TH STHADLEY AVEE P T DO U G L A S R DKEATS AVENUE S(C.S.A.H. 19)HARKNESS AVE90TH ST GRE Y C L O U D T R L JAMAICA AVEINDIAN BLVD W P T D O U G L A S R D ST A T E H W Y 6 1KEATS AVE(C.S.A.H 19.)110THST 90TH STHARDWOODAVEST A T E H W Y 6 1 ST A T E H W Y 6 1 95TH ST 70TH ST (CSAH 20)MANNINGAVE (STATEHWY 95)PW27 PR16 PW24 PR16 PW23 PR9 PR22 PR23 PR24 PR21PW25 PW26 PW28 PW28 Public Works Parks and Recreation CIP Projects 0 1 20.5 Miles 71 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Aggregate tax 23,467$ 33,044$ 22,000$ 22,000$ 22,000$ 22,000$ 22,000$ 22,000$ Grant Funds 267,000$ Franchise fees 615,326 642,584 643,000 1,905,600 1,994,400 2,086,900 2,183,100 2,283,200 Investment Interest (5,207) (31,816) 10,000 10,000 10,000 10,000 10,000 10,000 Charges for services 30,766 27,829 - - - - - - Developer charges 104,157 26,081 - - - - - - Total Revenue 768,509 697,722 675,000 2,204,600 2,026,400 2,118,900 2,215,100 2,315,200 EXPENDITURES Commodities 31,134 35,021 36,800 Trail fog seal, crack seal and sidewalk/curb repair 240,000 252,000 264,800 278,300 292,500 CR 74 trail 271,000 Mill and Overlay 551,756 1,159,043 924,000 970,000 1,019,000 1,070,000 1,124,000 Trail replacement 480,000 504,000 529,200 555,700 583,500 Engineering for M&O and Trail replacement 150,000 158,000 166,000 174,000 183,000 Contractual services 256,639 269,333 607,920 Total Expenditures 839,529 1,463,397 644,720 2,065,000 1,884,000 1,979,000 2,078,000 2,183,000 Other Financing Sources (uses) - - - - - - - - Total transfers - - - - - - - - Increase (decrease) in fund balance (71,020) (765,675) 30,280 139,600 142,400 139,900 137,100 132,200 FB Balance beginning of year 1,067,414 996,394 230,719 260,999 400,599 542,999 682,899 819,999 FB Balance end of year 996,394 230,719 260,999 400,599 542,999 682,899 819,999 952,199 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Road and Trailway Maintenance Fund (235) Projected Financial Position 72 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Donation 400,000 400,000 Grant 165,000 Interest 4,000 Miscellaneous Total Revenue - - 404,000 565,000 - - - - EXPENDITURES Solar Panels 550,000 North Rink-party lights 30,000 Water treatment system 100,000 West Rink-bleacher heat 35,000 Locker 5/6/7-furnace 10,000 Zamboni replacement 120,000 North Rink-dehumidifier 200,000 Total Expenditures - - - 680,000 35,000 10,000 120,000 200,000 Other Financing Sources (uses) Transfer in from Ice Operating 100,000 100,000 Total other sources - - - - - - 100,000 100,000 Increase (decrease) in fund balance - - 404,000 (115,000) (35,000) (10,000) (20,000) (100,000) FB Beginning balance - - - 404,000 289,000 254,000 244,000 224,000 FB Ending balance - - 404,000 289,000 254,000 244,000 224,000 124,000 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Ice Arena Capital Fund (526) Projected Financial Position 73 2021 2022 2023 2024 2025 2026 2027 2028ACTUALACTUALESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATED REVENUES Charges for Services*1,020,513$ 1,083,689$ 1,146,550$ 1,198,400$ 1,251,100$ 1,288,600$ 1,327,300$ 1,367,100$ Intergovernmental - County/State 204,395 186,844 Interest (12,076) (98,612) 10,000 10,000 10,000 10,000 10,000 10,000 Miscellaneous 95,000 Total Revenue 1,307,832 1,171,921 1,156,550 1,208,400 1,261,100 1,298,600 1,337,300 1,377,100 EXPENDITURES Operating expenses 567,711 820,953 667,270 516,905 618,310 636,859 655,965 675,644 Pavement Management 178,935 127,700 236,000 174,000 208,000 154,000 154,000 Annual maintenance projects 244,426 200,000 200,000 200,000 200,000 200,000 200,000 Developer pass thru 187,482 80th Street Glacial Valley Capital Outlay 33,181 55,000 Total Expenditures 967,309 1,065,379 1,049,970 952,905 992,310 1,044,859 1,009,965 1,029,644 OTHER FINANCING SOURCES (USES) Transfers in Transfers out (42,540) (394,046) (45,100) (46,500) (50,000) (50,000) (50,000) (50,000) Total other sources (42,540) (394,046) (45,100) (46,500) (50,000) (50,000) (50,000) (50,000) Increase (decrease) in fund balance 297,983 (287,504) 61,480 208,995 218,790 203,741 277,335 297,456 FB Beginning balance 2,049,769 2,347,752 2,060,248 2,121,728 2,330,723 2,549,513 2,753,254 3,030,589 FB Ending balance 2,347,752 2,060,248 2,121,728 2,330,723 2,549,513 2,753,254 3,030,589 3,328,045 * Revenue for 2024-2026 from 2022 Stormwater Rate Study City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Storm Water Utility Fund (230) Projected Financial Position 74 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services*3,382,209$ 3,447,474$ 3,428,830$ 3,606,910$ 3,808,660$ 3,922,920$ 4,040,607$ 4,161,826$ Intergovernmental - County/State 34,711 34,538 100,000 100,000,000 Interest (46,384) (346,706) 50,000 50,000 50,000 50,000 50,000 50,000 Miscellaneous 267,091 177,004 32,000 34,000 34,000 34,000 34,000 34,000 Total Revenue 3,637,627 3,312,310 3,510,830 3,790,910 3,892,660 4,006,920 4,124,607 104,245,826 EXPENDITURES Operating expenses 2,018,904 2,436,194 2,217,620 2,653,125 2,762,750 2,845,633 2,931,001 3,018,932 Water meter replacement project Water conservation projects 100,000 305,200 305,200 305,200 305,200 305,200 Well maintenance 70,000 70,000 70,000 70,000 70,000 70,000 Water tower painting 700,000 Water tower 1,000,000 SCADA Upgrades 1,035,000 Utilities Building 750,000 13,250,000 Water Softening 100,000,000 Pavement management 113,500 216,000 160,000 191,000 132,000 132,000 80th Street 660,000 EPD & Jamaica 357,000 250,000 Capital Equipment 110,000 150,000 Glacial Valley Total Expenditures 2,018,904 2,436,194 3,718,120 17,929,325 4,297,950 4,071,833 4,138,201 103,526,132 OTHER FINANCING SOURCES (USES) Bond issuance 9,750,000 Interfund loan 27,500 - - - - - - Changes in assets and liabilities (34,036) Transfers inTransfers out (245,601) (467,138) (197,800) (203,740) (209,850) (216,100) (222,600) (229,300) Total other sources (218,101) (501,174) (197,800) 9,546,260 (209,850) (216,100) (222,600) (229,300) Increase (decrease) in fund balance 1,400,622 374,942 (405,090) (4,592,155) (615,140) (281,013) (236,194) 490,394 Unrestricted FB Beginning balance 6,599,743 8,000,365 8,375,307 7,970,217 3,378,062 2,762,922 2,481,909 2,245,715 Unrestricted FB Ending balance 8,000,365 8,375,307 7,970,217 3,378,062 2,762,922 2,481,909 2,245,715 2,736,109 *Revenue from 2022 Rate Study City of Cottage Grove, MNCapital Improvement Plan 2024-2028 Water Utility Fund (610)Projected Financial Position 75 2021 2022 2023 2024 2025 2026 2027 2028ACTUALACTUALESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATED REVENUES Charges for Service*3,336,966$ 3,567,096$ 3,784,550$ 4,164,700$ 4,542,100$ 4,769,200$ 5,007,700$ 5,258,100$ Interest 10,012 (115,511) 56,000 56,000 56,000 56,000 56,000 56,000 Grant-Met Council Miscellaneous 16,028 96,757 2,500 2,500 2,500 2,500 2,500 2,500 Total Revenue 3,363,006 3,548,342 3,843,050 4,223,200 4,600,600 4,827,700 5,066,200 5,316,600 EXPENDITURES Operating Expenses 2,959,164 3,331,355 3,585,155 3,822,070 3,976,825 4,096,130 4,219,014 4,345,584 Pavement Management 251,000 248,000 183,000 219,000 150,000 150,000 Vac Truck 350,000 SCADA Upgrades 103,500 Sewer slip lining - spot replacement 550,000 550,000 50,000 50,000 50,000 EPD & Jamaica 357,500 250,000 80th Street 660,000 Glacial Valley - Total Expenditures 2,959,164 3,331,355 4,193,655 4,973,570 5,059,825 5,025,130 4,419,014 4,545,584 OTHER FINANCING SOURCES (USES) Transfers in Transfers out (243,412) (418,313) (197,800) (203,740) (209,850) (216,100) (222,600) (229,300) Total other sources (243,412) (418,313) (197,800) (203,740) (209,850) (216,100) (222,600) (229,300) Increase (decrease) in fund balance 160,430 (201,326) (548,405) (954,110) (669,075) (413,530) 424,586 541,716 Unrestricted FB Beginning balance 5,883,429 6,043,859 5,842,533 5,294,128 4,340,018 3,670,943 3,257,413 3,682,000 Unrestricted FB Ending balance 6,043,859 5,842,533 5,294,128 4,340,018 3,670,943 3,257,413 3,682,000 4,223,716 *Revenue from 2022 Rate Study Capital Improvement Plan 2024-2028 City of Cottage Grove, MN Sewer Utility Fund (620) Projected Financial Position 76 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Charges for Services 747,974$ 871,602$ 945,500$ 1,020,000$ 1,071,000$ 1,103,100$ 1,158,300$ 1,216,200$ City Supplied Poles 294,300$ 114,510$ 175,000$ 167,000$ 172,000$ Intergovernmental - County/State 350,000 50,000 Development Charge 350,000 Interest (3,293) (22,309) 10,000 Miscellaneous 73,237 52,098 20,000 20,000 20,000 20,000 20,000 20,000 Total Revenue 1,112,218 1,015,901 1,150,500 1,207,000 1,963,000 1,123,100 1,178,300 1,286,200 EXPENDITURES Operating expenses 1,045,259 875,964 842,745 954,420 987,877 1,007,635 1,027,787 1,048,343 Pavement management 81,000 Replace/install Signal lights Traffic Signal-Hardwood Ave/Hardwood Ct*700,000 Traffic Signal-80th/Jamaica 700,000 Traffic Improvement-Keats/Indian Blvd 700,000 80th Street-Ideal to Hwy 61 680,000 Annual system improvements 100,000 100,000 100,000 100,000 100,000 100,000 Pedestrian Crossings 250,000 Total Expenditures 1,045,259 875,964 1,023,745 1,754,420 2,487,877 1,787,635 1,127,787 1,398,343 OTHER FINANCING SOURCES (USES) Transfers in 700,000 Transfers out (48,650) (217,960) (51,500) (53,000) (56,000) (50,000) (50,000) (50,000) Total other sources (48,650) (217,960) (51,500) 647,000 (56,000) (50,000) (50,000) (50,000) Increase (decrease) in fund balance 18,309 (78,023) 75,255 99,580 (580,877) (714,535) 513 (162,143) Unrestricted FB Beginning balance 434,523 452,832 374,809 450,064 549,644 (31,233) (745,768) (745,255) Unrestricted FB Ending balance 452,832 374,809 450,064 549,644 (31,233) (745,768) (745,255) (907,398) *Signals will be funded with TIF 1-12 funds. City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Street Light Utility Fund (630) Projected Financial Position 77 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Cell Tower Leases 359,409 618,847 500,000 500,000 500,000 450,000 400,000 400,000 Property Tax Levy 190,000 190,000 190,000 Interest (10,461) (67,918) 10,000 10,000 11,203 6,615 7,581 8,807 other (including donations)12,500 80,000 Total Revenue 361,448 550,929 510,000 590,000 511,203 646,615 597,581 598,807 EXPENDITURES Arbor Meadows - playground 100,000 Archery Range Shelter & trail works as part of PM 70,000 Belden playground equipment 70,000 Belden-backstop repair & curbing 30,000 Bike park - picnic shelter & track paving 40,000 50,000 Community Center planning for referendum 56,046 Donations - matching funding 10,000 10,000 10,000 10,000 10,000 10,000 Dog Park-small area enrichment & drainage 20,000 Hamlet skatepark 100,000 Hamlet-shelter replacement 50,000 Hamlet 367,445 279,651 Hamlet-Court Reconstruction 100,000 Hardwood playground equipment 70,000 Hearthside basketball courts & playground 4,480 92,246 Hearthside Park Improvements as part of PM 100,000 Hidden valley playground 53,931 Highland playground equipment 12,829 150,000 Highland rink lighting 58,884 Highlands-Fence repair 31,834 Highlands-Tennis court replacement 100,000 Hillside/Jergen Trail as part of PM 75,000 Ideal playground equipment 65,000 Kingston Park -Building replacement & power supply 600,000 Kingston Park-Fitness Equipment 36,825 Lamar Park-shade shelter replace. & roof replace.80,000 10,000 Sport Lighting Improvements 65,000 113,000 65,000 355,000 350,000 35,000 Meadowgrass play equip 51,562 Peter Thompson play equipment 140,000 Peter Thompson Upgrades 115,000 Pine Coulee-Court Replacement 20,000 Pine Glen-Picnic shelter 40,000 Pinetree Pond Play equipment 65,000 Woodridge shelter/hockey boards replacement 50,000 West Draw, Granada & Nina Park play equipment 210,000 Automatic locks on park buildings 35,000 35,000 35,000 35,000 35,000 35,000 Credit card machine rent 6,348 miscellaneous 1,465 115,005 Total Expenditures 580,447 688,104 690,000 548,000 970,000 625,000 475,000 365,000 OTHER FINANCING SOURCES (USES)Transfer (to) from pavement management 100,000 75,000 70,000 Total other sources - - - 100,000 - 75,000 - 70,000 Increase (decrease) in fund balance (218,999) (137,175) (180,000) 142,000 (458,797) 96,615 122,581 303,807 FB Beginning balance 1,514,440 1,295,441 1,158,266 978,266 1,120,266 661,469 758,083 880,664 FB Ending balance 1,295,441 1,158,266 978,266 1,120,266 661,469 758,083 880,664 1,184,471 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Park Improvement Fund (515)Projected Financial Position 78 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Intergovernmental 461,900$ 1,000,000$ 350,000$ -$ -$ -$ -$ Park Dedication Fees 1,986,872 1,144,364 348,000 200,000 200,000 200,000 200,000 200,000 special assessments - Interest (13,627) (71,668) Land saleMiscellaneous - Refunds & Reimbursements 19,909 52,683 Total Revenue 1,993,154 1,587,279 1,348,000 550,000 200,000 200,000 200,000 200,000 EXPENDITURES Miscellaneous 1,612 40,734 Camel's Hump Park - develop & trails East Ravine Neighborhood 500,000 500,000 500,000 Glacial Valley Park 17,400 2,504,690 4,200,000 Hamlet Park Expansion 919,327 58,006 Mississippi Dunes 9,500 10,149 1,000,000 Michaels Pointe Park Military Trailhead 200,000 Neighborhood parksJack and Marlys Denzer Park 500,000 Oakwood Park 786,237 331,225 Parks - master planning 6,437 15,000 15,000 15,000 15,000 15,000 15,000 Oltman Middle School 700,000 2,300,000 Roberts Lake Neighborhood development 500,000 Settlers Island landing/picnic pad Still Ponds park development 500,000 Strawberry Fields (Swanlund)265,587 Woodridge Trail Total Expenditures 2,006,100 2,944,804 5,215,000 1,415,000 3,315,000 515,000 515,000 515,000 OTHER FINANCING SOURCES (USES)Bonded Debt 4,880,000 Transfer from EDA Transfer from Utilities - Transfer from (to) park improvement & ED Trust - (130,000) - - - - Total other sources - - 4,750,000 - - - - - Increase (decrease) in fund balance (12,946) (1,357,525) 883,000 (865,000) (3,115,000) (315,000) (315,000) (315,000) FB Beginning balance 1,518,129 1,505,183 147,658 1,030,658 165,658 (2,949,342) (3,264,342) (3,579,342) FB Ending balance 1,505,183 147,658 1,030,658 165,658 (2,949,342) (3,264,342) (3,579,342) (3,894,342) City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Park Trust Fund (570) Projected Financial Position 79 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Grants 76,051 80,000 Tree Mitigation-6489 279,914 50,000 40,000 40,000 40,000 40,000 40,000 Total Revenue 279,914 76,051 50,000 120,000 40,000 40,000 40,000 40,000 EXPENDITURES Landscape Initiative 116,770 92,889 180,000 170,000 120,000 80,000 100,000 120,000 Ravine Parkway Landscaping EPD and Jamaica Landscaping Total Expenditures 116,770 92,889 180,000 170,000 120,000 80,000 100,000 120,000 Other Financing Sources (uses) Transfer In Transfer Out-EPD & Jamaica (30,000) (10,000) Total other sources - - (30,000) (10,000) - - - - Increase (decrease) in fund balance 163,144 (16,838) (160,000) (60,000) (80,000) (40,000) (60,000) (80,000) FB Beginning balance 540,802 703,946 687,108 527,108 467,108 387,108 347,108 287,108 FB Ending balance 703,946 687,108 527,108 467,108 387,108 347,108 287,108 207,108 Capital Improvement Plan 2024-2028 City of Cottage Grove, MN Landscape Initiative-in Fund 510 Projected Financial Position 80 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Property taxes 249,975 249,846 250,000 300,000 300,000 300,000 300,000 300,000 intergovernmental - tower rental - PW Tower 59,431 92,034 61,000 61,000 61,000 61,000 61,000 61,000 Investment interest (665) (5,252) Miscellaneous Total Revenue 308,741 336,628 311,000 361,000 361,000 361,000 361,000 361,000 EXPENDITURES Municipal building expenses 419 12,576 131,211 Shop & Wash Bay Modifications - 500,000 City Hall-Water Heater& Carpet 120,000 Central Fire-Water Pumps - 20,000 Public Works-Water Heater 12,000 Public Works-Garage doors&flooring - 85,000 Public Works-Roof replacement 1,000,000 Total Expenditures 419 12,576 131,211 - 500,000 12,000 120,000 1,105,000 Other Financing Sources (uses) Interfund loan interest (27,551) (25,450) Interfund loan payment (250,000) (250,000) (250,000) (250,000) (250,000) (250,000) (250,000) Transfer from General Fund 46,449 Total other sources 18,898 (275,450) (250,000) (250,000) (250,000) (250,000) (250,000) (250,000) Increase (decrease) in fund balance 327,220 48,602 (70,211) 111,000 (389,000) 99,000 (9,000) (994,000) FB Beginning balance (2,910,591) (2,583,371) (2,284,769) (2,104,980) (1,743,980) (1,882,980) (1,533,980) (1,292,980) FB Ending balance (2,583,371) (2,284,769) (2,104,980) (1,743,980) (1,882,980) (1,533,980) (1,292,980) (2,036,980) Cash Balance at year-end 68,281 124,719 54,508 165,508 (223,492) (124,492) (133,492) (1,127,492) Interfund Payable at year-end 2,650,000 2,400,000 2,150,000 1,900,000 1,650,000 1,400,000 1,150,000 900,000 City of Cottage Grove, MN Municipal Building Fund (525) Projected Financial Position Capital Improvement Plan 2024-2028 81 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Land sales 1,638,020 Donation 150,000 150,000 Interest (2,153) (159,225) 150,000 South District Assessments 981,536 3,051,546 Miscellaneous 210 210 Total Revenue 148,057 1,629,005 1,131,536 - 3,051,546 - - - EXPENDITURES Professional Services 31,300 52,379 60,000 60,000 60,000 60,000 60,000 60,000 Land Write-down 204,928 South District Street & Utility - 303,295 460,097 5,250,000 Total Expenditures 236,228 355,674 520,097 5,310,000 60,000 60,000 60,000 60,000 Other Financing Sources (uses) Interfund loan interest Interfund loan payment Transfer in for South District Transfer to Golf for liquor license (51,200) Transfer to EDA Fund (75,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) Total other sources (126,200) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) (100,000) Increase (decrease) in fund balance (214,371) 1,173,331 511,439 (5,410,000) 2,891,546 (160,000) (160,000) (160,000) FB Beginning balance 4,899,284 4,684,913 5,858,244 6,369,683 959,683 3,851,229 3,691,229 3,531,229 FB Ending balance 4,684,913 5,858,244 6,369,683 959,683 3,851,229 3,691,229 3,531,229 3,371,229 Goal 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Cash Balance 3,849,993 4,888,727 4,120,601 (1,743,399) 3,023,147 2,888,147 2,753,147 2,618,147 Anticipates that bonds are issued for golf course irrigation in 2025 allowing interfund loan to be paid in full to ED Trust City of Cottage Grove, MN Capital Improvement Plan 2024-2028 ED Trust Fund (286) Projected Financial Position 82 2021 2022 2023 2024 2025 2026 2027 2028ACTUALACTUALESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATED REVENUES Municipal State Aid Construction funds 1,739,345$ 1,884,787$ 5,985,250$ 1,000,000$ 1,800,000$ 5,000,000$ 1,000,000$ 1,000,000$ LRIP 750,000$ 500,000$ Special assessments 624,882 70,881 Intergovernmental - Federal funding Shoppes at CV 3,000,000 Intergovernmental - Federal funding 80th Street 5,000,000 Intergovernmental - Federal funding 19 & 61 12,500,000 12,500,000 14,033,000 Intergovernmental - Federal funding Intergovernmental - State 1,010,000 8,000,000 Intergovernmental - County 19 & 61 7,000,000 3,000,000 2,000,000 2,000,000 8,150,000 Assessment/Development Fees 239,255 692 1,000,000 1,000,000 1,000,000 1,768,000 1,717,000 InterestMiscellaneous - Total Revenue 2,603,482 1,956,360 6,735,250 10,510,000 8,800,000 25,500,000 17,268,000 32,900,000 EXPENDITURES Professional services-miscellaneous 2,093 9,650 103rd Street Bridge 8,000,000 70th Street (in three phases)8,968 80th Street (CSAH19 to TH 61) Reclamation 32,503 13,776 - 80th Street (Ideal to Hwy 61) 10,000,000 80th Street (80th/Keats roundabout)1,000,000 CSAH 19 and TH 61 7,000,000 3,000,000 16,500,000 16,500,000 22,900,000 East Point Douglas - Jamaica intersection 341,738 976,496 8,015,000 4,607,000 800,000 EPD & Ravine Pkwy - Shoppes at Cottage View 5,325,000 4,021,000 1,253,000 Harkness Ave Reconstruction 3,162,000 Jamaica Ave - 80th to 90th 3,380,000 Jamaica Ave - 70th to Military 3,000,000 Ravine Parkway 126,249 252 500,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 River Oaks Hwy 61 RCUT 607 1,210,000 Total Expenditures 511,551 1,000,781 8,515,000 18,197,000 11,125,000 33,521,000 22,915,000 35,900,000 OTHER FINANCING SOURCES (USES)Bond Proceeds 6,227,000 1,000,000 5,021,000 3,191,000 3,000,000 Transfers in 1,837,342 1,065,000 1,053,000 1,325,000 3,000,000 2,456,000 Transfers out - PM (168,982) (745,616) Total other sources (168,982) 1,091,726 1,065,000 7,280,000 2,325,000 8,021,000 5,647,000 3,000,000 Increase (decrease) in fund balance 1,922,949 2,047,305 (714,750) (407,000) - - - - Beginning balance, FB (3,538,824) (1,615,875) 431,430 (283,320) (690,320) (690,320) (690,320) (690,320) Ending balance, FB (1,615,875) 431,430 (283,320) (690,320) (690,320) (690,320) (690,320) (690,320) MSA Beginning Balance (2,474,853) (735,508) 1,195,043 (3,705,538) (2,546,538) (2,050,238) (4,662,538) (3,219,938) Allocation 1,739,345 2,013,095 1,968,470 2,159,000 2,296,300 2,387,700 2,442,600 2,442,600 Disbursements - (82,544) (6,869,051) (1,000,000) (1,800,000) (5,000,000) (1,000,000) (1,000,000) MSA Ending Balance (735,508) 1,195,043 (3,705,538) (2,546,538) (2,050,238) (4,662,538) (3,219,938) (1,777,338) Not included in revenue is Transportation Advancement Account (TAA) that will begin in 2024. This is anticipated to be $150,000 per year. City of Cottage Grove, MNCapital Improvement Plan 2024-2028 MSA Construction Fund (520)Projected Financial Position 83 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED $$$$$$$$ REVENUES special assessments 62,919 30 70,000 70,000 70,000 70,000 70,000 70,000 Interest (18,685) (123,494) 15,000 15,000 15,000 15,000 15,000 15,000 Miscellaneous Total Revenue 44,234 (123,464) 85,000 85,000 85,000 85,000 85,000 85,000 EXPENDITURES Prof Svcs - assmt fees 1,772 637 PM 2015 - F2, 90th, Grey Cloud Tr PM 2016 - F3, F5 PM 2017 - B1PM 2019-2020 WPD refurbPM 2021 - F5, B1, E1 & River Oaks Parking 3,432,765 102,503 Jamaica Avenue PM 2023- Thompson Grove Estates 7&8 137,347 3,675,000 6,156,000 PM 2025-Thompson Grove Estates 2nd, EDP (Jamaica to Hyde) Kingsborough Trail 4,745,000 PM 2026-Woodridge Parks (E of Jamaica), Cottage Grove Estates, Meadow Acres, Pine Glen 5,436,000 PM 2027-Thompson Grove 11&12, Woodridge Park Add (W of Jamaica)4,021,000 PM 2028-Thompson Grove Estates, Pinegrove 2,770,200 Total Expenditures 3,434,537 240,487 3,675,000 6,156,000 4,745,000 5,436,000 4,021,000 2,770,200 Revenue over Expenditures (3,390,303) (363,951) (3,590,000) (6,071,000) (4,660,000) (5,351,000) (3,936,000) (2,685,200) Other Financing Sources (uses) Bond proceeds 3,979,126 3,050,339 5,916,000 3,268,000 4,818,000 3,578,425 2,413,800 Transfers from MSA fundTransfer from general fund 30,966 Transfers from utility funds 389,948 - 574,350 700,000 517,000 618,000 442,575 356,400 Total other sources 4,400,040 - 3,624,689 6,616,000 3,785,000 5,436,000 4,021,000 2,770,200 Increase (decrease) in fund balance 1,009,737 (363,951) 34,689 545,000 (875,000) 85,000 85,000 85,000 FB Beginning balance 1,738,354 2,748,091 2,384,140 2,418,829 2,963,829 2,088,829 2,173,829 2,258,829 FB Ending balance 2,748,091 2,384,140 2,418,829 2,963,829 2,088,829 2,173,829 2,258,829 2,343,829 Goal (35% of next 5-year avg capital spend)1,417,674 1,682,310 1,618,974 1,391,664 1,273,304 1,117,264 1,071,497 1,125,072 PM 2024 - Prestige Estates, See 80th Street Project, Thompson Grove Estate City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Pavement Management Fund (560) Projected Financial Position 84 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES Developer fees 1,916,355$ 1,378,851$ 470,000$ 470,000$ 470,000$ 470,000$ 470,000$ 470,000$ Special AssessmentsIntergovernmental - County/State 3M Settlement funds 2,954,885 Interest (19,461) (166,902) 60,000 Miscellaneous 27,930 Total Revenue 4,879,709 1,211,949 530,000 470,000 470,000 470,000 470,000 470,000 EXPENDITURES East Ravine infrastructure development 25,000 25,000 25,000 25,000 25,000 25,000 Interim Water Treatment project 784,269 Miscellaneous 14,202 3,910 Water Comp Plan 64,494 PFAS Study 308,355 water main oversizing 391,143 134,313 10,000 10,000 10,000 10,000 10,000 10,000 South District Street & Utilities 450,084 334,100 800,000 EPD & Ravine Pkwy - Shoppes at Cottage View 722,000 CSAH 19 & TH 61 750,000 750,000 Ravine Parkway I & II Intermediate & low zone water treatment facilities 10,636 River Acres watermain extension 612,282 Granada watermain extension 16,919 Well 7&8 treatment 557,988 Industrial Park Water Tower 96,851 7,500,000 100th St watermain 95th & JamaicaWell #12 Total Expenditures 2,685,158 760,288 369,100 835,000 8,257,000 785,000 785,000 35,000 OTHER FINANCING SOURCES (USES) Bond Proceeds 4,000,000 Transfers in 1,000,000 Transfers out (102,330) Total other sources - (102,330) - - 5,000,000 - - - Increase (decrease) in fund balance 2,194,551 349,331 160,900 (365,000) (2,787,000) (315,000) (315,000) 435,000 FB Beginning balance 1,461,833 3,656,384 4,005,715 4,166,615 3,801,615 1,014,615 699,615 384,615 FB Ending balance 3,656,384 4,005,715 4,166,615 3,801,615 1,014,615 699,615 384,615 819,615 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Water Area Fund (575) Projected Financial Position 85 2021 2022 2023 2024 2025 2026 2027ACTUALACTUALESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATED REVENUES Developer fees 1,498,054 976,022$ 470,000$ 470,000$ 470,000$ 470,000$ 470,000$ Special Assessments Intergovernmental - County/State/Federal 1,953,445 1,986,135 Interest (17,149) (31,171) 1,650 Miscellaneous Total Revenue 3,434,350 2,930,986 471,650 470,000 470,000 470,000 470,000 EXPENDITURES East Ravine infrastructure development 25,000 25,000 25,000 25,000 25,000 Hy-Vee Miscellaneous 15,349 Comp Plan 66,687 South District Street & Utilities 1,317,320 792,710 95th & Jamaica EPD & Ravine Pkwy - Shoppes at Cottage View 469,000 CSAH 19 & TH 61 250,000 250,000 Harkness Avenue 485,400 Trunk sewer extension - Met council 3,950,107 747,070 Trunk Fund Oversizing 10,000 10,000 10,000 10,000 10,000 Sanitary Sewer Plan 80,184 Total Expenditures 4,045,640 2,131,077 827,710 35,000 504,000 285,000 770,400 OTHER FINANCING SOURCES (USES) Debt Service - principal & interest - - - - - - - Transfers in Transfers out (239,818) Total other sources - (239,818) - - - - - Increase (decrease) in fund balance (611,290) 560,091 (356,060) 435,000 (34,000) 185,000 (300,400) FB Beginning balance 647,379 36,089 596,180 240,120 675,120 641,120 826,120 FB Ending balance 36,089 596,180 240,120 675,120 641,120 826,120 525,720 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Sewer Area Fund (580) Projected Financial Position 86 2021 2022 2023 2024 2025 2026 2027 2028ACTUALACTUALESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATEDESTIMATED REVENUES Developer fees 1,878,690$ 1,756,069$ 400,000$ 500,000$ 500,000$ 500,000$ 500,000$ 500,000$ Special Assessments Intergovernmental - County/State Interest (28,776) (222,394) Miscellaneous Total Revenue 1,849,914 1,533,675 400,000 500,000 500,000 500,000 500,000 500,000 EXPENDITURES 95th & Jamaica Improvements Business park pond & grading 1,046 River acres water main project TG-14 147,439 1,231,184 L-P3 Pond Improvements 72,992 East Ravine infrastructure & AUAR 38,474 Anderson Miscellaneous 38,774 14,449 South District Trunk Storm Sewer 3,111,573 South District Street & Utilities 294,334 1,042,570 CSAH 19 & TH 61 EPD & Ravine Pkwy - Shoppes at Cottage View - 134,000 Harkness Avenue 970,600 oversizing 348,966 167,083 Lake Robert 210,817 6,725 West draw modeling Total Expenditures 747,042 4,936,814 1,042,570 - 134,000 - 970,600 - OTHER FINANCING SOURCES (USES) Transfers in - 95th &Jamaica Transfers in (out)(319,059) Total other sources - (319,059) - - - - - - Increase (decrease) in fund balance 1,102,872 (3,722,198) (642,570) 500,000 366,000 500,000 (470,600) 500,000 FB Beginning balance 3,618,607 4,721,479 999,281 356,711 856,711 1,222,711 1,722,711 1,252,111 FB Ending balance 4,721,479 999,281 356,711 856,711 1,222,711 1,722,711 1,252,111 1,752,111 City of Cottage Grove, MN Capital Improvement Plan 2024-2028 Storm Water Area Fund (585) Projected Financial Position 87 2021 2022 2023 2024 2025 2026 2027 2028 ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED REVENUES 3M Settlement funds 2,631,697$ 9,224,361$ 15,981,373$ 27,400,000$ 63,477,000$ 26,250,000$ 5,000,000$ -$ Interest Miscellaneous Total Revenue 2,631,697 9,224,361 15,981,373 27,400,000 63,477,000 26,250,000 5,000,000 - EXPENDITURES Land Purchase Prior Year Projects 2,642,882 9,334,549 See Project Sheets 15,860,000 27,400,000 63,477,000 26,250,000 Well 1, Well 2, & Temp Treatment Plant decomm.5,000,000 Total Expenditures 2,642,882 9,334,549 15,860,000 27,400,000 63,477,000 26,250,000 5,000,000 - OTHER FINANCING SOURCES (USES) Bond Proceeds Transfers in Transfers out Total other sources - - - - - - - - Increase (decrease) in fund balance (11,185) (110,188) 121,373 - - - - - FB Beginning balance - (11,185) (121,373) - - - - - FB Ending balance (11,185) (121,373) - - - - - - 3M Settlement/MPCA Fund 455 Projected Financial Position City of Cottage Grove, MN Capital Improvement Plan 2024-2028 88