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Home My WebLink About10 YR PLAN BASELINEREVENUES Park Development Fees 834,785 834,785 834,785 834,785 834,785 834,785 834,785 834,785 834,785 834,785 8,347,850 Park Development Fees - Credits 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 4,350,000 Special Assessments 54 - - - - - - - - - 54 Valley Park Antenna 24,191 24,917 25,665 26,435 27,228 28,045 28,886 29,753 30,646 31,565 277,331 Escrow Funds 7,900 - - - - - - - - - 7,900 Interest 22,900 18,300 8,500 8,000 7,800 (2,400) 1,700 (600) 400 2,500 67,100 Bond Proceeds - - 4,800,000 3,350,000 - 8,105,000 - - - - 16,255,000 - Donations: Lakeville Cycling Association 30,000 - - - - - - - - - 30,000 LBA Lighting Donation - 100,000 100,000 - - - - - - - 200,000 TOTAL 1,354,830 1,413,002 6,203,950 4,654,220 1,304,813 9,400,430 1,300,371 1,298,938 1,300,831 1,303,850 29,535,235 EXPENDITURES Antlers Community Park Master Plan 20,000 - - - - - - - - - 20,000 Antlers Community Park Design/Const. Adm. Phase 1 - 520,000 280,000 - - - - - - - 800,000 Antlers Community Park Improvements Phase 1 - - 4,000,000 - - - - - - - 4,000,000 Antlers Community Park Design/Const. Adm. Phase 2 - - - - 15,000 15,000 - - - - 30,000 Antlers Community Park Improvements Phase 2 - - - - - 250,000 - - - - 250,000 Aronson Park Cty. Rd. 50 Impacts - - 150,000 - - - - - - - 150,000 Aronson Park Shelters - - - - - - 200,000 - - - 200,000 Autumn Meadows Park Design/Const. Adm. - - 22,000 22,000 - - - - - - 44,000 Autumn Meadows Park Construction - - - 395,000 - - - - - - 395,000 Avonlea Park Land Purchase 1,500,000 - - - - - - - - - 1,500,000 Avonlea Community Park Master Plan - 35,000 - - - - - - - - 35,000 Avonlea Community Park Design/Const Adm. - - - - 845,000 560,000 - - - - 1,405,000 Avonlea Community Park Construction - - - - - 6,700,000 - - - - 6,700,000 Avonlea Lineal Park/Trail/Lights Phase 1 Design.Const. Adm. - - - 22,000 22,000 - - - - - 44,000 Avonlea Lineal Park/Trail/Lights Phase 1 Construction - - - - 450,000 - - - - - 450,000 Avonlea Lineal Park Phase 2 Design/Const. Adm. - - - - - - - - 30,000 30,000 60,000 Avonlea Lineal Park Phase 2 Construction - - - - - - - - - 850,000 850,000 Cedar Crossing Park Design/Const Adm. - 20,000 20,000 - - - - - - - 40,000 Cedar Crossing Park/Trail/Lights Construction - - 425,000 - - - - - - - 425,000 East Comm. Park Master Plan - 28,000 - - - - - - - - 28,000 East Community Park Design/Const. Adm. - - 390,000 210,000 - - - - - - 600,000 East Community Park Construction - - - 2,750,000 - - - - - - 2,750,000 King Park - - - - - - - - - Irrigate Four Fields ( Fields 4, 6-8) - 212,000 - - - - - - - - 212,000 Drainage System (Fields 4, 6-8 in 18) (1,2, 5, 9 in 19) - 165,000 195,000 - - - - - - - 360,000 Lighting (Design and Const) (Fields 1, 5-9) - 1,200,000 - - - - - - - - 1,200,000 Legacy Park Design/Const. Admin 20,000 20,000 - - - - - - - - 40,000 Legacy Park Construction - 385,000 - - - - - - - - 385,000 2025 2026 Total 2017-2026 PROPOSED PARK DEDICATION FUND 2017 - 2026 (BASELINE - NO PARK DED FEE INCREASE) 2017 2018 2019 2020 2021 2022 2023 2024 C:\Users\seskelson\Documents\Book2 : 10-Yr Plan-Baseline 4/14/2017 2025 2026 Total 2017-202620172018201920202021202220232024 Park-East of Cedar/South of 181st Design/Const. Adm. - - - - - - - - 25,000 25,000 50,000 Park-East of Cedar/South of 181st Construction - - - - - - - - - 450,000 450,000 Spyglass Park Phase 2 Design/Const. Adm. - - - - - - - - 25,000 25,000 50,000 Spyglass Park Phase 2 Construction - - - - - - - - - 375,000 375,000 Warweg Property Demolition 80,000 - - - - - - - - - 80,000 Fitness Challenge Park - Site TBD - - - - - 250,000 - - - - 250,000 Outdoor Performance Stage - Site TBD - - - - 325,000 - - - - - 325,000 Ritter Farm Park ELC Demolition - - - 50,000 - - - - - - 50,000 Ritter Farm Park Cabin Improvements - - - 250,000 - - - - - - 250,000 Ritter Farm Park Cabin Arch Design - - 20,000 - - - - - - 20,000 Skate Park - Site TBD - - - - - - - 300,000 - - 300,000 Steve Michaud Park Drain Tile Installation Fields #8 and #9 - - - 96,000 - - - - - - 96,000 West Lake Marion Park Off Road Bike Course 125,000 - - - - - - - - - 125,000 Knollwood Circle Park - - - - - - - 150,000 - - 150,000 Trail Construction (Connectivity) - 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 900,000 175th St. Trail Construction 100,000 - - - - - - - - - 100,000 Chadwick Park Trail Lighting - - - - - 70,000 - - - - 70,000 Cherryhill Greenway Trail Lighting - - - - 70,000 - - - - - 70,000 Donnelly Greenway Trail Lighting - - 118,000 - - - - - - - 118,000 East Lake Trail Lighting - 67,000 - - - - - - - - 67,000 Spirit of Brandtjen 18th Add. Trail Lighting - 79,000 - - - - - - - - 79,000 Stoneborough Park Trail Lighting - - - - - 87,000 - - - - 87,000 Summerlyn Park Trail Lighting - - 55,000 - - - - - - - 55,000 Summerlyn Greenway Trail Lights - - - - 67,000 - - - - - 67,000 Land Acquisition - 100,000 100,000 350,000 1,000,000 100,000 1,000,000 100,000 250,000 100,000 3,100,000 Future Planning & Design Projects - - - 10,000 10,000 15,000 15,000 15,000 15,000 15,000 95,000 Developer Credits 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 435,000 4,350,000 Park Fees analysis – C/I values - - 10,000 - - - 10,000 - - - 20,000 TOTAL 2,280,000 $3,366,000 $6,320,000 4,690,000 $3,339,000 $8,582,000 $1,760,000 $1,100,000 $880,000 $2,405,000 $34,722,000 Fund Balance - January 1 4,586,646 $3,661,476 $1,708,478 $1,592,428 $1,556,648 ($477,539)$340,891 ($118,738)$80,200 $501,031 4,586,646 Fund Balance - December 31 $3,661,476 $1,708,478 $1,592,428 $1,556,648 ($477,539)$340,891 ($118,738)$80,200 $501,031 ($600,119)($600,119) A - Knutson Property / Antlers Park B - Bury Property / North of Casperson C - Rechtzigel Property / South of Casperson D - King Park Expansion Comparison to 2017-2021 CIP - Revenues 1,334,229 1,462,352 1,460,449 1,308,919 1,313,112 - - - - - Variance - Current to 2017-2021 CIP 20,601 (49,350) 4,743,501 3,345,301 (8,299) 9,400,430 1,300,371 1,298,938 1,300,831 1,303,850 Comparison to 2017-2021 CIP - Expenditures 2,278,000 1,983,325 1,904,550 641,000 555,000 - - - - - Variance - Current to 2017-2021 CIP 2,000 1,382,675 4,415,450 4,049,000 2,784,000 8,582,000 1,760,000 1,100,000 880,000 2,405,000 A B C D C:\Users\seskelson\Documents\Book2 : 10-Yr Plan-Baseline 4/14/2017