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HomeMy WebLinkAbout2004-174 CCRMember Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO. 2004-174 RESOLUTION ADOPTING CAPITAL IMPROVEMENT PROGRAM WHEREAS, the City Council of the City of Brooklyn Center annually adopts a five year Capital Improvements Program; and WHEREAS, the City Council has conducted a public hearing on the proposed 2005-2009 Capital Improvements Program; and WHEREAS, attached hereto and incorporated herein by reference as Exhibit A is the documentation for the said 2005-2009 Capital Improvements Program. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that the 2005-2009 Capital Improvements Program as set forth in Exhibit A to this resolution be and hereby is adopted. December 11, 2004 I%r a T~te Mayor ATTEST: W ✓vw~ City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Kathleen Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted. RESOLUTION NO. 2004-174 EXHIBIT A City of Broo Center 2005-2009 CAPITAL IMPROVEMENT PROGRAM PROFILE The Capital Improvement Program (CIP) is a planning document that presents a five-year overview of scheduled capital projects that address the City's goals for maintaining public infrastructure. It includes a long-term financing plan that allows the City to allocate funds for these projects based on assigned priorities. The five-year horizon of the CIP provides the City with an opportunity to evaluate project priorities annually and to adjust the timing, scope and cost of projects as new information becomes available. The information contained in this plan represents the City's best estimate of improvement costs based on present knowledge and expected conditions. A capital improvement is defined as a major non-recurring expenditure related to the City's physical facilities and grounds. The 2005-2009 CIP makes a concerted effort to distinguish between major maintenance projects contained in the City's operating budgets and capital improvement projects financed through the City's capital funds and proprietary funds. Typical expenditures include the cost of land acquisition and the cost to construct roads, utilities, parks, or municipal structures. The CIP is predicated on the goals and policies established by the City Council, including the general development, redevelopment, and maintenance policies that are part of the City's Comprehensive Plan. A primary objective of the CIP is to identify projects that further these goals and policies in a manner consistent with funding opportunities and in coordination with other improvement projects. CIP 2005-2009 OVERVIEW The 2005-2009 CIP proposes capital expenditures totaling $27 million for basic improvements to the City's streets, parks, and public utilities. The CIP begins with a series of tables and charts that provide an overview of scheduled projects by function and estimated funding. Types of CIP Projects Table 1 and the accompanying chart summarize capital expenditures by functional area as defined below for the five-year period of 2005-2009. Public Utilities The City operates five utility systems, four of which have projects included in the CIP -water, sanitary sewer, storm drainage, and street lighting. Nearly 90 percent of the public utilities are constructed in conjunction with street reconstruction projects. The remaining portion of public utilities projects include improvements to well houses, lift stations and interceptors and water quality studies that examine storm water discharge and provide recommendations for related improvements. Park Improvements Park improvements include the construction of trails, shelters, and other facilities that enhance general park appearance and increase park usage by providing recreational facilities that meet community needs. RESOLUTION NO. 2004-174 EXHIBIT A Public Buildings Construction of municipal buildings and major renovations to existing buildings are considered capital improvements. Major capital expenditures to public buildings are not anticipated during this five-year period. Street Improvements Street improvements include reconstruction of neighborhood streets with curb, gutter and sidewalks and reconstruction of arterial and collector streets. As noted earlier, street improvements are often accompanied by replacement of public utilities. TABLE 1- Capital Improvement Program Summary by Functional Area PUBLIC UTILITY IMPROVEMENTS: Water Utility Capital Projects . Sanitary Sewer Utility Capital Projects Storm Drainage Utility Capital Projects Street Lighting Utility Capital Projects 1 SUBTOTAL 1PARKIMPROVEMENTS I PUBLIC BUILDINGS STREET IMPROVEMENTS 1TOTAL 2005 I 2006 2007 , 2008 I 2009 $777,000 $723,600 $643,900 $737,900 $820,100 $705,800 $1,184,600 $642,100 $4,159,900 $769,800 $698,500 $466,600 $644,500 $1,053,800 $776,900 $53,500 $65,000 $80,400 $155,300 $75,000 $2,234,800 $2,439,800 $2,010,900 $3,106,900 $2,441,8001 $228,0001 $450,0001 $180,0001 $200,0001 $115,00011 $01 $01 $01 $01 $01 $2,882,0001 $3,299,6001 $2,218,3001 $3,625,3001 $1,889,900 1 $5,344,8001 $6,189,4001 $4,409,2001 $6,932,2001 $4,446,700 CIP Funding Sources Capital expenditures by funding source for the five-year period are shown in Table 2 and the accompanying chart. Funding sources include: Public Utility Funds Customers are billed for services provided by the City's water, sanitary sewer, storm sewer, and street lighting public utilities. Fees charged to customers are based on operating requirements and capital needs to ensure that equipment and facilities are replaced to maintain basic utility services. Annually the City Council evaluates the needs of each public utility system and establishes rates for each system to meet those needs. A more detailed analysis of the fees and charges is provided with each public utility budget section and a five-year cash flow projection is included in the Appendix. Note that projected capital outlay expenditures may include capital items from the operating budget not covered by the CIP. Capital Projects Fund This fund is comprised of transfers from the General Fund, repayment of debt from the Golf Course operating fund, and transfers from liquor operations. Typically the City Council has directed these funds towards municipal facilities such as parks, public buildings and other general purpose needs. The projected five-year cash flow of the Capital Projects Fund is available as part of the fund's budget detail. Special Assessment Collections Properties benefiting from street improvements are assessed a portion of the project costs. Every year the City Council establishes special assessment rates for projects occurring the following year to maintain the relative proportion of special assessments to other funding sources. RESOLUTION NO. 2004-174 EXHIBIT A Infrastructure Construction Fund Prior to 2003, this fund was called the Special Assessment Construction Fund. Neighborhood projects were funded in part from this fund based on transfers and accumulated fund balances. Since 2003, all funding required to finance neighborhood street projects is transferred to this fund and all costs associated with these projects are accounted for in the new fund. The projected five-year cash flow of the Infrastructure Construction Fund is available as part of the fund's budget detail. Municipal State Aid (MSA) Fund State-shared gas taxes provide funding for street improvements and related costs for those roadways identified as MSA streets. The City has 21 miles of roadway identified as MSA streets and is therefore eligible to receive monies based on this designation. The annual amount available is approximately $900,000 and provides for debt service, maintenance and construction activities within our MSA street system. The projected five-year cash flow of the MSA Fund is available as part of the fund's budget detail TABLE 2 - Capital Improvement Program Summary by Funding Source Water Utility Sanitary Sewer Utility Storm Drainage Utility Street Lighting Utility Municipal State Aid Street Construction Fund Capital Projects Fund Special Assessment Collections Grants TOTAL 2005 ( 2006 I 2007 I 2008 2009 I TOTAL $777,000 $723,600 $643,900 $737,900 $820,100 $3,702,500 $705,800 $1,184,600 $642,100 $1,159,900 $769,800 $4,462,200 $698,500 $466,600 $644,500 $1,053,800 $776,900 $3,640,300 $53,500 $65,000 $80,400 $155,300 $75,000 $429,200 $705,000 $1,193,700 $438,600 $482,800 $53,000 $2,873,100 $1,089,700 $732,600 $811,000 $1,462,000 $1,052,300 $5,147,600 $228,000 $450,000 $180,000 $200,000 $115,000 $1,173,000 $1,052,300 $1,373,300 $968,700 $1,680,500 $784,600 $5,859,400 $35,000 $0 $0 $0 $0 $35,000 $5,344,8001 $6,189,4001 $4,409,2001 $6,932,2001 $4,446,7001 $27,322,300 Capital Improvement Program by Funding Source Capital Proj. Fund 4% Strew, Const. Fund 19% Municipal Street State Aid Light 11% utility 2% Sanitary Sewer 16% titorm Sewer 13% Table 3 provides an overview of projects and funding sources for the 2005-2009 CIP. Annual breakdowns for each project year are accompanied by a brief description of each project. Special Water Assessements 14% 21% TABLE 3 - CAPITAL IMPROVE MENT PROGRAM 2005-2009 CA Revised 09-29-04 C) r Funding Project Description Sources Special Street Construction Capital Projects Water Utility Sewer Utility Storm Sewer Street Light MSA Grants Total Project CoilZ Assessment Fund Fund Utility utility ~e o4 Collections 2005 Shingle Creek Parkway/ Summit Drive Street improvement project $ 260,000 $ 18,500 $ 15,000 $ 21,900 $ 606,500 $ 921, go" Central Park Lighting Repairs to existing field lighting $ 108,000 $ 108, Twin Lake Avenue Reconstruction Street improvement project $ 87,600 $ 124,000 $ 55,000 $ 26,500 $ 53,000 $ 346,1 Palmer Lake Trail Reconstruction Reconstruction of existing paved trail $ 120,000 $ 120,00 Freeway Blvd Bridge Repairs Repairs to Bridge Deck and Superstructure $ 98,500 $ 35,000 $ 133,50t r- Lions Park South Improvement Project Street improvement project $ 704.700 $ 965.700 $ 703.500 $ 664.300 $ 623.600 $ 53.500 $ 3.715,30( Tota12405 $ 1,052,300 $ 1,089,700 $ 228,000 $ 777,000 $ 705,800 $ 698,500 $ 53,500 $ 705,000 $ 35,000 $ 5,344,800 2005 Dupont Avenue Improvement Project Street improvement project $ 419,200 $ 125,000 $ 117,900 $ 29,400 $ 294,700 $ 986,200 Humboldt Avenue Improvement Project Street improvement project $ 219,400 $ 109,700 $ 56,800 $ 438,700 $ 824,600' Lions Park North improvement Project Neighborhood street project $ 537,400 $ 732,600 $ 488,900 $ 461,600 $ 437,200 $ 65,000 $ 2,722,700 Earle Brown Dr / South Shingle Ck Pkway Street improvement project $ 197,300 $ 460,300 $ 657,600 Lift Station #9 Pump and forcemain replacements $ 219,400 $ • - ' 219,400 Lilt Station #2 Pump, FM, and Interceptor replacements $ 328,900 $ 328,900 Central Storage Facility Building Sall storage / park storage replacement $ 450.000 $ 450,000 . Total 2006 $ 1,373,300 $ 732,600 $ 450,000 $ 723,600 $ 1,184,600 $ 466,600 $ 65,000 $ 1 ,193,700 $ 6,189,400 2007 Kylawn Park Building Shelter building replacement $ 180,000 $ 180,000 Riverwood Improvement Project Street Improvement project $ 639,800 $ 811,000 $ 622,000 $ 587,300 $ 622,600 $ 80,400 $ 3,363,100 Freeway Blvd Improvenrent Project Street Irn, ant project $ 328.900 $ 21.900 S 54.800 $ 21.900 $ 438.600 $ 866.100 . Total 2007 $ 968,700 $ 811,000 $ 160,000 $ 643,900 $ 642,100 $ 644,500 $ 80,400 $ 438,600 $ 4,409,200 2008 East River Improvement Project Street improvement project $ 545,500 $ 562,700 $ 295,700 $ 484,800 $ 431,100 $ 60,100 $ 120,900 $ 2,500,800 Maranatha Improvement Project Neighborhood street project $ 750,100 $ 899,300 $ 422,400 $ 655,300 $ 604,000 $ 95,200 $ 3,426,300 Northway Drive knprov Project Street improvement project $ 131,600 $ 8,800 $ 8,800 $ 7,700 $ 156,900 West Palmer Park Building Shelter Building Replacement $ 200,000 $ 200,000 . Xeres Avenue Improv Project Street improvement project $ 253.300 $ 11,000 $ 11.000 $ 11.000 $ 361.900 $ 648,200 Total 2008 $ 1,680,500 $ 1,462,000 $ 200,000 $ 737,900 $ 1,159,900 $ 1,053,800 $ 155,300 $ 482,800 $ 6,932,200. 2009 . Twin Lake East Improvement Project Neighborhood street project $ 784,600 $ 1,052,300 $ 820,100 $ 769,800 $ 776,900 $ 75,000 $ 53,000 $ 4,331,700: Northport Park Building Shelter biding replacement $ 75,000 $ 75,000 Riverdale Park Building Remove building and construct picnic shelter $ 40,000 $ 40.000. Total 2009 $ 784,600 $ 1,052,300 $ 115,000 $ 820,100 $ 769,800 $ 776,900 $ 75,000 $ 53,000 $ 4,446,700 H RESOLUTION NO. 2004-174 EXHIBIT A Project Year 2005 Shingle Creek Parkway/Summit Drive Improvement Project Shingle Creek Parkway from I-694 to John Martin Drive and Summit Drive from Shingle Creek Parkway to State Trunk Highway 100 are MSA roadways that have been placed in the CIP for reconstruction in 2005. Portions of these sections of roadway are in need of upgrade and reconstruction based on an engineering evaluation of the roadway. Construction activities will include replacement of the existing pavement and replacement of gutters and utilities on an as needed basis. Lions Park South (Tangletown South) Improvement Project This area has been identified as having multiple needs including street reconstruction, installation of curb and gutter, replacement of aging water and sanitary sewer infrastructure and construction of storm drainage improvements as needed. Freeway Blvd Bridge Repairs Substantial deterioration of the bridge deck has been noted during recent inspections. An engineering analysis performed in 2003 identified the extent of repairs necessary to rehabilitate the bridge. The City is in the process of applying for funding assistance from Mn/DOT. Twin Lake Avenue Reconstruction Twin Lake Avenue was originally scheduled for reconstruction with the southwest neighborhood project in 2002. Reconstruction of Twin Lake Avenue was delayed due to environmental permit requirements associated with the Joslyn site. Reconstruction of this street segment will include replacement of watermain, and installation of curb & gutter, storm sewer and bituminous pavement. Central Park Lighting This improvement provides for the refurbishment and basic maintenance of the existing softball field lighting systems. A master electrician will perform a comprehensive system review to determine the extent of necessary repair work. Construction activity may be reduced if the existing light poles are in stable condition. Palmer Lake Trail Reconstruction This improvement provides for the basic reconstruction of the mainline trail segment along the southern half of Palmer Lake. Reconstruction will include the consolidation of parallel trail segments into one 10-ft wide trail segment and minor grade adjustments for portions of the trail in severe flood-susceptible areas. Trail segments in good condition within East Palmer Lake Park and the trail segment to the west of the ball fields within East Palmer Lake Park will not be replaced with this project. Evergreen Sidewalk Improvements The Capital Improvements Program in previous years has included the installation of sidewalk along the east side of Evergreen Park. This project has been delayed due to limited funding available in the Capital Projects fund and the need to prioritize the maintenance of existing infrastructure. The feasibility of this sidewalk addition will be re-evaluated in future years and funding becomes available. RESOLUTION NO. 2004-174 Project Year 2006 EXHIBIT A Earle Brown/Summit Improvement Project This project includes improvements for Earle Brown Drive from Earle Brown Farm West to Summit Drive and Summit Drive, an MSA street, from Shingle Creek Parkway to TH 100. Construction activities will include complete pavement replacement, spot replacement of curb and gutter, and replacement of water and sewer infrastructure as needed. Dupont Avenue Improvement Project Dupont Avenue improvements from I-694 to 69`x' Avenue North are part of the CIP as a project for 2006. This MSA project includes replacement of curb and gutter, reconstruction of the roadway and replacement of water and sewer infrastructure as needed. Humboldt Avenue Improvement Project Improvements on Humboldt Avenue from 67 h Avenue North to 69`h Avenue North have been included as part of the CIP for 2006. Construction of this MSA project will include replacement of curb and gutter, reconstruction of the roadway and replacement of water and sewer infrastructure as needed. Lions Park North (Tangletown North) Improvement Project This area has been identified as having multiple needs including street reconstruction, installation of curb and gutter, replacement of aging water and sanitary sewer infrastructure and construction of storm drainage improvements as needed. Lift Stations #9 and #2 These projects provide for pump replacement and replacement of the forcemain at Lift Stations #9 and #2 to ensure optimal performance and minimize the potential for system failure. Central Storage Facility Improvements will include the erection of a new salt storage facility. This new facility will be constructed of low-rise precast concrete panels to match the existing Public Works facility campus and the surrounding commercial buildings. The existing salt storage building will become centralized storage facility for park maintenance and park program equipment. Heavy-duty shelving will be installed to allow for palletized storage. Construction activities will also include the construction of a small materials storage area on city owned property on Camden Avenue. The new facility will include paving of the surface area and fencing of the surrounding area. This area will be used to store aggregate, wood chips and other stockpiled materials. RESOLUTION NO. 2004-174 Project Year 2007 EXHIBIT A Riverwood Improvement Project This is a neighborhood street improvement project that will include reconstruction of roads, installation of curb and gutter and replacement of water and sewer utilities services as necessary. Freeway Boulevard Project Freeway Blvd is an MSA roadway that has been placed in the CIP as an identification item. The segment of Freeway Boulevard that runs from Shingle Creek Parkway to Camden will be improved with replacement of curb and gutter, reconstruction of the roadway and replacement of water and sewer infrastructure as needed. Kylawn Park Building Construction activities will include the replacement of the existing shelter building. The new structure will include picnic facilities, a unisex bathroom and a small storage/utility area. This new shelter will be consistent with other destination park facilities. 1 RESOLUTION NO. 2004-174 Project Year 2008 EXHIBIT A East River Improvement Project This is a neighborhood street improvement project that will include reconstruction of roads, installation of curb and gutter and replacement of water and sewer utilities services as necessary. Maranatha Improvement Project This is a neighborhood street improvement project that will include reconstruction of roads, installation of curb and gutter and replacement of water and sewer utilities services as necessary. Northway Drive Improvement Project This segment will be improved with replacement of curb and gutter, reconstruction of the roadway and replacement of water and sewer infrastructure as needed. Xerxes Avenue Improvement Project Xerxes Avenue is an MSA roadway that has been placed in the CIP for scheduled reconstruction. The segment that runs from Northway Drive to T.H. 100 will be improved with replacement of curb and gutter, reconstruction of the roadway and replacement of water and sewer infrastructure as needed. West Palmer Park Building Construction activities will include the replacement of the existing shelter building. The new structure will include picnic facilities, a unisex bathroom and a small storage/utility area. This new shelter will be consistent with other destination park facilities. RESOLUTION NO. 2004-174 EXHIBIT A Project Year 2009 Twin Lake East Improvement Project This is a neighborhood street improvement project that will include reconstruction of roads, installation of curb and gutter and replacement of water and sewer utilities services as necessary. This project is also tentatively scheduled to include reconstruction of 5l't Avenue North at Brooklyn Boulevard. Northport Park Building Construction activities will include the replacement of the existing shelter building. The new structure will include picnic facilities and some limited storage space and an integrated enclosure for a portable restroom. Riverdale Park Building Construction activities will include the replacement of the existing shelter building with a picnic shelter. 1 RESOLUTION NO. 2004-174 I I LVVJ EXHIBIT A 2006 Miles % of Total 2007- Completed to Date 54 50.5 2005 - 2010 26 24.3 2008 Under 2011-2018 27 25.2 2009 Stud y Totals 107 100.0 2010- BROOXLYN City cmvm of Brooklyn Center MA i r..q.crws 1 Neighborhood Improvement Program RESOLUTION NO. 2004-174 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM 2005-2009 APPENDIX 1 RESOLUTION NO. 2004-174 City of Brooklyn Center Water Utility Fund Rate Analysis for the 2005 Budget Year Rate Increase 2.80% Revenues Water Service Misc. Operating Misc. Non-operating Total Revenues Expenditures Personal Services Supplies Services Depreciation Debt Service Interest & Fees Total Expenditures less: Non-Cash Depreciation plus: Debt Service Principal plus: Cash Capital Outlay Total Cash Requirement Cash Reserve Target Beginning Cash Balance Cash Received Cash Spent Ending Cash Balance Cash above/(below) the Cash Reserve Target EXHIBIT A 3.00% 3.00% 3.00% 3.00% Actual Projected Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 $ 1,332,093 $ 1,222,712 $ 1,256,948 $ 1,294,656 $ 1,333,496 $ 1,373,501 $ 1,414,706 $ 198,465 $ 228,800 $ 273,410 $ 238,200 $ 241,900 $ 245,600 $ 249,300 $ 46,751 $ 10,000 $ 5,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 1,577,309 $ 1,461,512 $ 1,535,358 $ 1,542,856 $ 1,585,396 $ 1,629,101 $ 1,674,006 $ 349,556 $ 352,318 $ 379,748 $ 394,938 $ 410,735 $ 427,165 $ 444,251 $ 116,272 $ 170,250 $ 169,490 $ 174,575 $ 179,812 $ 185,206 $ 190,762 $ 402,865 $ 359,795 $ 512,749 $ 528,131 $ 543,975 $ 560,295 $ 577,104 $ 648,115 $ 578,000 $ 610,000 $ 630,000 $ 650,000 $ 670,000 $ 670,000 $ 3 $ $ $ $ $ $ $ 1,516,811 $ 1,460,363 $ 1,671,987 $ 1,727,644 $ 1,784,523 $ 1,842,666 $ 1,882,117 $ 648,115 $ 578,000 $ 610,000 $ 630,000 $ 650,000 $ 670,000 $ 670,000 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 430,824 $ 685.900 $ 835.500 $ 723,600 $ 643,900 $ 737,900 $ 820,100 $ 1,299,520 $ 1,568.263 $ 1,897,487 $ 1,821,244 $ 1,778,423 $ 1,910,566 $ 2,032,217 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 1,541,308 $ 1,890,755 $ 1,784,004 $ 1,421,875 $ 1,143,487 $ 950,460 $ 668,996 $ 1,577,309 $ 1,461,512 $ 1,535,358 $ 1,542,856 $ 1,585,396 $ 1,629,101 $ 1,674,006 $ (1,299,520) $ (1,568,263) $ (1,897,487) $ (1,821,244) $ (1,778,423) $ (1,910,566) $ (2,032,217) $ 1,819,097 $ 1,784,004 $ 1,421,875 $ 1,143,487 $ 950,460 $ 668,996 $ 310,784 $ 819,097 $ 784,004 $ 421,875 $ 143,487 $ (49,540) $ (331,004) $ (689,216) Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items from year to year that may affect cash balances. Revenues Rate increases would be 2.8% in 2005 and 3.0% each year through 2009 based on 1.25 billion gallons billed per year. Expenditures Supplies and Services increase at a total rate of 3% annum. Depreciation increases at a rate of approximately 3% per annum. Capital outlay is from the 2005 CIP and adjusted for estimated ENR Construction Index for each year in the five year period. 1 RESOLUTION NO. 2004-174 City to Brooklyn Center Sanitary Sewer Utility Fund Rate Analysis for the 2005 Budget Year Rate increase 2.80% 2.80% EXHIBIT A 2.80% 2.80% 2.80% Actual Projected Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 Revenues Sewer Charges $ 2,863,138 $ 2,804,760 $ 2,883,293 $ 2,964,025 $ 3,047,018 $ 3,132,335 $ 3,220,040 Misc. Operating $ 17,029 $ 0 $ 0 $ 12,000 $ 12,000 $ 12,000 $ 12,000 Misc. Non-operating $ 77,354 $ 10,000 $ 5,000 $ 6,000 $ 7,000 $ 8,000 $ 8,000 Total Revenues $ 2,957,521 $ 2,814,760 $ 2,888,293 $ 2,982,025 $ 3,066,018 $ 3,152,335 $ 3,240,040 Expenditures Personal Services $ 113,898 $ 148,142 $ 159,410 $ 166,583 $ 174,080 $ 181,913 $ 190,099 Supplies $ 7,640 $ 17,315 $ 16,510 $ 17,005 $ 17,515 $ 18,041 $ 18,582 Services $ 1,738,230 $ 1,742,398 $ 1,929,624 $ 1,987,513 $ 2,047,138 $ 2,108,552 $ 2,171,809 Depreciation $ 479,323 $ 458,000 $ 472,000 $ 485,000 $ 500,000 $ 515,000 $ 515,000 Debt Service Interest $ Fees $ 3 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Total Expenditures $ 2,339,094 $ 2,365,855 $ 2,577,544 $ 2,656,101 $ 2,738,733 $ 2,823,506 $ 2,895,490 less: Non-Cash Depreciation $ 479,323 $ 458,000 $ 472,000 $ 485,000 500,000 $ 515,000. $ 515,000 plus: Debt Service Principal $ 0 $ 0 $ 0 $ 0 0 $ 0 $ 0 plus: Cash Capital Outlay $ 505,206 $ 639,500 $ 705,800 $ 1,184,600 $ 642,100 $ 1,159,900 $ 769,800 Total Cash Requirement $ 2,364,977 $ 2,547,355 $ 2,811,344 $ 3,355,701 $ 2,880,833 $ 3,468,406 $ 3,150,290 Cash Reserve Target $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 Beginning Cash Balance $ 682,184 $ 1,140,100 $ 1,407,505 $ 1,484,454 $ 1,110,778 $ 1,295,963 $ 979,891 Cash Received $ 2,957,521 $ 2,814,760 $ 2,888,293 $ 2,982,025 $ 3,066,018 $ 3,152,335 $ 3,240,040 Cash Spent $ (2,364,977) $ (2,547,355) $ (2,811,344) $ (3,355,701) $ (2,880,833) $ (3,468,406) $ (3,150,290) Ending Cash Balance $ 1,274,728 $ 1,407,505 $ 1,484,454 $ 1,110,778 $ 1,295,963 $ 979,891 $ 1,069,641 Cash abovet(below) the Cash Reserve Target $ 324,728 $ 457,505 $ 534,454 $ 160,778 $ 345,963 $ 29,891 $ 119,641 Assumptions: Cash basis Ali assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items. Revenues Rate increases would be 2.8% per year across the board and are based on 1.323 billion gallons billed per year. Expenditures Supplies and Services increase at a total rate of 3% annum. Depreciation increases at a rate of approximately 3% per annum. Capital outlay is from the 2005 CIP and adjusted for estimated ENR Construction Index for each year in the five year period. RESOLUTION NO. 2004-174 EXHIBIT A City of Brooklyn Center Storm Sewer Utility Fund Rate Analysis for the 2005 Budget Year Rate Increase 0.00% 0.00% 0.00% 0.00% 0.00% Actual Projected Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 Revenues Storm Sewer Fees $ 1,266,791 $ 1,274,000 $ 1,274,000 $ 1,274,000 $ 1,274,000 $ 1,274,000 $ 1,274,000 Misc. Operating $ (2,279) $ - $ - $ - $ - $ - $ - Misc. Non-operating $ 148,854 $ 10,000 $ 5,000 $ 6,000 $ 7,000 $ 8,000 $ 10,000 Total Revenues $ 1,413,366 $ 1,284,000 $ 1,279,000 $ 1,280,000 $ 1,281,000 $ 1,282,000 $ 1,284,000 Expenditures Personal Services $ - $ 18,898 $ 78,201 $ 82,111 $ 86,217 $ 90,527 $ 95,054 Supplies $ 3,861 $ 20,900 $ 20,930 $ 21,558 $ 22,205 $ 22,871 $ 23,557 Services $ 191,661 $ 83,013 $ 188,748 $ 194,410 $ 200,243 $ 206,250 $ 212,438 Depreciation $ 513,608 $ 514,000 $ 523,000 $ 532,000 $ 541,000 $ 550,000 $ 550,000 Debt Service Interest & Fees $ 29,540 $ 18,250 $ 6,210 $ - $ - $ - $ - Total Expenditures $ 738,670 $ 655,061 $ 817,089 $ 830,079 $ 849,664 $ 869,648 $ 881,048 less: Non-Cash Depreciation $ 513,608 $ 514,000 $ 523,000 $ 532,000 $ 541,000 $ 550,000 $ 550,000 plus: Debt Service Principal $ 210,000 $ 220,000 $ 230,000 $ - $ - $ - $ - plus: Cash Capital Outlay $ 394,063 $ 601,200 $ 698,500 $ 466,600 $ 644,500 $ 1,053,800 $ 776,900 Total Cash Requirement $ 829,125 $ 962,261 $ 1,222,589 $ 764,679 $ 953,164 $ 1,373,448 $ 1,107,948 Cash Reserve Target $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 Beginning Cash Balance $ 343,221 $ 914,076 $ 1,235,815 $ 1,292,226 $ 1,807,547 $ 2,135,383 $ 2,043,934 Cash Received $ 1,413,366 $ 1,284,000 $ 1,279,000 $ 1,280,000 $ 1,281,000 $ 1,282,000 $ 1,284,000 Cash Spent $ (829,125) $ (962,261) $ (1,222,589) $ (764,679) $ (953,164) $ (1,373,448) $ (1,107,948) Ending Cash Balance $ 927,462 $ 1,235,815 $ 1,292,226 $ 1,807,547 $ 2,135,383 $ 2,043,934 $ 2,219,986 Cash above/(below) the Cash Reserve Target $ 387,462 $ 695,815 $ 752,226 $ 1,267,547 $ 1,595,383 $ 1,503,934 $ 1,679,986 Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation with no provisions made for changes in balance sheet items that may affect cash balances. Revenues Rate increase: Assuming no increases fhrough 2009 Expenditures Supplies and Services increase at a total rate of 3% annum. Depreciation increases at a rate of approximately 3% per annum. Capital outlay is from the 2005 CIP and adjusted for estimated ENR Construction Index for each year in the five year period. RESOLUTION NO. 2004-174 EXHIBIT A City of Brooklyn Center Street Light Utility Fund Rate Analysis for the 2005 Budget Year Rate Increase 3.00% 7.50% 7.509/6 7.50% 7.50% Actual Projected Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 Revenues Street Light Fee $ 200,224 $ 207,465 $ 212,000 $ 227,900 $ 244,993 $ 263,367 $ 283,119 Misc. Operating $ 5,426 $ - $ - $ - $ - $ - $ - Misc. Non-operating $ 3,669 $ 5,000 $ 1,500 $ 3,000 $ 3,500 $ 4,000 $ 4,000 Total Revenues $ 209,319 $ 212,465 $ 213,500 $ 230,900 $ 248,493 $ 267,367 $ 287,119 Expenditures Personal Services $ - $ - $ - $ - $ - $ - $ - Supplies $ 824 $ 2,900 $ 2,900 $ 2,987 $ 3,077 $ 3,169 $ 3,264 Services $ 146,470 $ 160,193 $ 153,500 $ 158,105 $ 162,848 $ 167,734 $ 172,766 Depreciation $ - $ - $ - $ - $ - $ - $ - Debt Service $ - $ - $ - $ - $ - $ - $ - Total Expenditures $ 147,294 $ 163,093 $ 156,400 $ 161,092 $ 165,925 $ 170,903 $ 176,030 Capital Outlay $ - $ 89,000 $ 53,500 $ 65,000 $ 80,400 $ 155,300 $ 75,000 Total Cash Requirement $ 147,294 $ 252,093 $ 209,900 $ 226,092 $ 246,325 $ 326,203 $ 251,030 Cash Reserve Target $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 Beginning Cash Balance $ 30,361 $ 92,386 $ 52,758 $ 56,358 $ 61,166 $ 63,334 $ 4,498 Revenues $ 209,319 $ 212,465 $ 213,500 $ 230,900 $ 248,493 $ 267,367 $ 287,119 Expenditures $ (147,294) $ (252,093) $ (209,900) $ (226,092) $ (246,325) $ (326,203) $ (251,030) Depreciation Add-Back $ - $ - $ - $ - $ - $ - $ - Ending Cash Balance $ 92,386 $ 52,758 $ 56,358 $ 61,166 $ 63,334 $ 4,498 $ 40,588 Cash above/(below) the Cash Reserve Target $ 42,386 $ 2,758 $ 6,358 $ 11,166 $ 13,334 $ (45,502) $ (9,412) Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation. Revenues Rate increases would be 3.0% in 2005-and 7.5% per year for each fiscal year through 2009 based on customer base of 8,415 residential customers and538 others. All other revenues would remain flat over the five year period. Expenditures Supplies and Services increase at a total rate of 3% annum. Depreciation increases at a rate of approximately 3% per annum. Capital outlay is from the 2005 C1P and adjusted for estimated ENR Construction Index for each year in the five year period. Based on this analysis, a portion of the annual reconstruction project street light costs will need to be funded from other sources if the City is to meet its reserve requirements in 2008 and 2009 RESOLUTION NO. 2004-174 City of Brooklyn Center Capital Improvements Fund Cash Flows Analysis for the 2005 Budget Year EXHIBIT A Actual Budget Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 Revenues Transfer in General Fund $ 125,000 $ 100,000 $ 0 $ 0 $ 0 $ 0 $ 0 Transfer in Liquor Fund $ 100,000 $ 100,000 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ 125,000 Debt Payment Golf Course $ 15,000 $ 35,000 $ 50,000 $ 55,000 $ 55,000 $ 55,000 $ 55,000 Misc Revenue 139,802 15,000 15,000 14,000 14,000 14,000 15,000 Total Revenues $ 379,802 $ 250,000 $ 190,000 $ 194,000 $ 194,000 $ 194,000 $ 195,000 Expenditures Personal Services $ 748 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Supplies $ 146 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Services $ 206,369 $ 68,000 $ 0 $ 0 $ 0 $ 0 $ 0 Depreciation $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Debt Service $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Total Expenditures $ 207,263 $ 68,000 $ 0 $ 0 $ 0 $ 0 $ 0 Capital Outlay $ 328,650 $ 368,200 $ 228,000 $ 450,000 $ 180,000 $ 200,000 $ 115,000 Total Cash Requirement $ 535,913 $ 436,200 $ 228,000 $ 450,000 $ 180,000 $ 200,000 $ 115,000 Beginning Cash Balance $ 1,062,921 $ 906,810 $ 720,610 $ 682,610 $ 426,610 $ 440,610 $ 434,610 Revenues $ 379,802 $ 250,000 $ 190,000 $ 194,000 $ 194,000 $ 194,000 $ 195,000 Expenditures $ (535,913) $ .(4361200) $ (228,000) $ (450,000) $ (180,000) $ (200,000) $ (115,000) Depreciation Add-Back $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Ending Cash Balance $ 906,810 $ 720,610 $ 682,610 $ 426,610 $ 440,610 $ 434,610 $ 514,610 Assumptions: Expenditures Capital outlay is from the 2005 CIP and adjusted for estimated ENR Construction Index for each year in the five year period. RESOLUTION NO. 2004-174 EXHIBIT A City of Brooklyn Center Street Reconstruction Fund Cash Flows Analysis for the 2005 Budget Year Actual Budget Proposed Projected Projected Projected Projected 2003 2004 2005 2006 2007 2008 2009 Revenues Fund Transfer $ 1,300,000 $ 650,000 $ 668,200 $ 686,910 $ 706,143 $ 725,915 $ 746,241 Misc. Operating $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Misc. Non-operating $ 0 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 Total Revenues $ 1,300,000 $ 655,000 $ 673,200 $ 691,910 $ 711,143 $ 730,915 $ 751,241 Expenditures Personal Services $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Supplies $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Services $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Depreciation $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Debt Service $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Total Expenditures $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Capital Outlay $ 0 $ 696,400 $ 837,835 $ 719,363 $ 816,175 $ 1,508,250 $ 1,508,250 Total Cash Requirement $ 0 $ 696,400 $ 837,835 $ 719,363 $ 816,175 $ 1,508,250 $ 1,508,250 Beginning Cash Balance $ 0 $ 1,300,000 $ 1,258,600 $ 1,093,965 $ 1,066,512 $ 961,479 $ 184,144 Revenues* $ 1,300,000 $ 655,000 $ 673,200 $ 691,910 $ 711,143 $ 730,915 $ 751,241 Expenditures $ 0 $ (696,400) $ (837,835) $ (719,363) $ (816,175) $ (1,508,250) $ (1,508,250) Depreciation Add-Back $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 Ending Cash Balance $ 1,300,000 $ 1,258,600 $ 1,093,965 $ 1,066,512 $ 961,479 $ 184,144 $ (572,865) Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation. Revenues *2003 revenue represents transfers from infratructure Construction Fund as part of the fu nd creation. Expenditures Capital outlay is from the 2004 CIP and adjusted for estimated ENR Construction Index for each year in the five year period.