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HomeMy WebLinkAbout08-25-2025 AGENDA CITY COUNCIL WORK SESSION August 25, 2025 - 6:00 PM Lakeville City Hall, Marion Conference Room Members of the public can participate in person at Lakeville City Hall, Marion Conference Room. Members of the public may join the meeting via Teams Meeting, Meeting ID: 276 485 596 886 or by calling Toll Number 1-323-433-2142; Conference ID: 432 130 403#. The mayor will allow for public comments and questions at the appropriate time. The City Council is provided background information for agenda items in advance by staff and appointed commissions, committees, and boards. Decisions are based on this information, as well as City policy, practices, input from constituents, and a council member’s personal judgment. 1. Call to order, moment of silence and flag pledge 2. Citizen Comments 3. Discussion Items 30 Min a. Fischer Property Site Planning Allyn Kuennen, Zach Johnson 25 Min b. Water Treatment Expansion Study Paul Oehme 45 Min c. 2026 Preliminary Tax Levy & General Fund Budget Julie Stahl 30 Min d. 2026-2030 Draft Capital Improvement Plan Julie Stahl 5 MIn e. 2nd Quarter 2025 Financial Report Julie Stahl 4. Items for Future Discussion 5. Committee/ City Administrator Updates 6. Adjourn Page 1 of 182 Date: 8/25/2025 Fischer Property Site Planning Proposed Action Discussion only. Overview In July the city finalized the purchase of the Fischer Property located on the northeast corner of 179th Street and Granby Lane. The land acquisition will be used to support existing and future infrastructure needs, specifically the construction of a new centralized fire station and a new satellite water treatment plant. As part of the discussions to acquire the property, the City Council requested staff to prepare concepts to show how the property could be developed to include the proposed municipal uses as well as a mix of private residential and commercial uses. City staff entered into a contract with HKGi to assist in illustrating potential site plans and concepts for the ultimate build-out of the property. The property contains approximately 12.23 acres of buildable area (after subtracting existing right-of-way). The new fire station will be in the northwest corner of the site to optimize routing and safe, efficient access onto Granby Lane. The new satellite water treatment plant would be located along the southern area of the site to utilize adjacent city-owned water tower land and proximity to existing water infrastructure. Locating the fire station and the satellite water treatment plant in these locations maximizes the developability of the remaining land for other municipal or private uses. City staff, HKGi, CNH Architects (fire station architect) and Black & Veatch (satellite water treatment plant designer) partnered to develop the attached concepts. The concepts consider the needs of the new fire station and satellite water treatment plant, outdoor storage needs (public works), and private development possibilities (integrating ideas from recently completed projects of similar nature in adjacent communities). City staff and HKGi representatives will present the attached concept plans and is seeking direction from the City Council as to the next steps. Supporting Information 1. Lakeville_3_concepts_updated_0820 Page 2 of 182 Financial Impact: $ n/a Budgeted: No Source: Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Allyn Kuennen, Assistant City Administrator & Zach Johnson, City Engineer Page 3 of 182 NORTH 00 100'200' Lakeville Fischer Property Master Plan 2025 Concept 1 226 Total P a r ki n g DODD BL V D GRANBY LNCSAH 23Trail Private Road Water Treatment Facility Amenity Court 132 Units Clear Well Backwash Basin Stormwater Existing Stormwater Exapanded 4 Story S e ni o r Li vi n g o r Market Ra t e A p a r t m e n t s Around 2.9 Acres Around 5.4 Acres 20,000 SQFT 29,800 SQFT (135 surf a c e 9 1 u n d e r g r o u n d ) New Fire Station Access DriveCSAH 9 Public Works Storage Page 4 of 182 NORTH 00 100'200' Around 2.9 Acres Around 2.4 Acres Around 3.5 Acres Lakeville Fischer Property Master Plan 2025 Existing Stormwater Expanded Stormwater New Fire Station Water Treatment Facility 4 Story Se ni o r Li vi n g o r Market Ra t e A p a r t m e n t s Amenity Court 140 Units31,700 SQFT 20,000 SQFT Clear Well Stormwater Stormwater Backwash Basin 163 Total Parking Access Drive Trail (68 surface 95 underground) Concept 2A Townhom e s ( 4 2 U ni t s ) DODD BL V D GRANBY LN CSAH 9 CSAH 23Private Road Page 5 of 182 NORTH 00 100'200' Lakeville Fischer Property Master Plan 2025 Amenity Court 114 Units Stormwater Stormwater Stormwater Existing Stormwater Expanded 4 Story Se ni o r Li vi n g o r Market Ra t e A p a r t m e n t s Commerci al / Office Commerci al / Office Around 2.3 Acres Around 4.5 Acres Around 2.2 Acres147 Total Parking 117 Total P a r ki n g Plaza 25,500 SQFT 10,000 SQFT 10,000 SQFT Trail (66 surface 81 underground) Water Treatment Facility 20,000 SQFT Clear Well Backwash Basin Concept 2B DODD BL V D GRANBY LN CSAH 9 CSAH 23New Fire Station Access Drive Connection Private Road Public Works Storage 25,000 SQFT Page 6 of 182 NORTH 00 100'200' Lakeville Fischer Property Master Plan 2025 Amenity Court 175 Units Stormwater Stormwater Access Drive Stormwater Existing Stormwater Expanded 4 Story Senior Living or Market Rate Apartments Commerci al / Office Commerci al / Office Around 2.3 Acres Around 2.9 Acres Around 3.8 Acres 194 Total Parking 117 Total P a r ki n g Connection 39,500 SQFT 11,700 SQFT 11,700 SQFT Trail Water Treatment Facility 20,000 SQFT Clear Well Backwash Basin Concept 2C DODD BL V D GRANBY LNCSAH 23New Fire Station (70 surface 124 underground) CSAH 9 Private Road Page 7 of 182 Lakeville Fischer Property Master Plan 2025 - Example of Senoir Living/Apartments Lakeville Site Eagan Fire Department NORTH 00 100'200' NORTH 00 100'200' Page 8 of 182 Lakeville Fischer Property Master Plan 2025 - Example of Commercial/Daycare/Offices Lakeville Site Eden Prairie Fire Station 4 NORTH 00 100'200' NORTH 00 100'200' Page 9 of 182 Lakeville Fischer Property Master Plan 2025 - Example of Townhomes Lakeville Site Burnsville Fire Station 2 NORTH 00 100'200' NORTH 00 100'200'NORTH00100'200'Page 10 of 182 Lakeville Fischer Property Master Plan 2025 - Example of Townhomes Lakeville Site Maple Grove Fire Station 2 NORTH 00 100'200' NORTH 00 100'200'NORTH00100'200'Page 11 of 182 Date: 8/25/2025 Water Treatment Expansion Study Proposed Action Staff is seeking direction from the City Council on expanding water treatment facilities in the city. Overview In 2022, the City completed a Water Treatment Expansion Study to evaluate options for increasing treatment capacity to meet future community growth. The study reviewed the following alternatives: • Alternative 1 – Expansion of water treatment at the existing Water Treatment Plant (WTP) • Alternative 2 – Construction of a new satellite WTP at the Fischer Property • Alternative 3 – Construction of filter treatment bypass at the existing plant to allow a portion of the well water to go directly into the distribution system Since 2022, the City has studied whether modifications to the existing gravity filters could increase capacity without constructing additional filters. This option is not recommended as it did not provide meaningful capacity gains. Following the City’s purchase of the Fischer property, staff has updated the 2022 study to reevaluate the alternatives. An update on the study findings will be presented at the work session. Supporting Information None Financial Impact: TBD Budgeted: Yes Source: Water Funds Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Paul Oehme, Public Works Director Page 12 of 182 1 Date: 08/25/2025 2026 Preliminary Budget & Property Tax Levy Proposed Action: Staff is seeking direction regarding the 2026 Property Tax Levy and General Fund budget; Pavement, Equipment, Facility and Technology Plans; Trail Improvements; Park Improvements. Overview The purpose of this report is to provide the City Council with an overview of community growth, proposed 2026 property tax levy, property tax supported-funds, primary drivers of the revenues and expenditure changes in the General Fund as well as the impact of such on the median valued home, commercial property and fund balance reserves. City staff has been preparing their 2026 budget requests over the past few months. The proposed budgets reflect some additional resources needed because of community growth, increased costs for personnel, commodities, replacement of existing vehicles and equipment, technology updates and maintenance of facilities. Financial Sustainability and Resiliency The City Council approved the Financial Sustainability and Resiliency Policy in January 2020. The policy was developed to emphasize and prioritize the importance of long-term planning and financial sustainability, recognizing that as a growing community, additional resources will be needed to provide services for a larger population, to maintain more streets and parks, etc. in addition to maintaining our current assets on an ongoing basis. Key principles of the adopted Policy: ➢ Proactively plan for the service needs of the community, the maintenance of existing assets, the protection of natural resources and environment, etc. ➢ Implement funding at a level which includes the full cost of providing services to the community and maintenance, replacement, and upgrade of existing assets (Pay-As-You- Go Strategy) ➢ Establish financial resiliency by establishing sufficient reserve and funding levels Community Growth The City of Lakeville has experienced significant growth during these past ten years. Since 2017, growth from new construction has added $2.65 billion to the taxable market value of which $1.68 billion or 63% of the growth has occurred in the past five years. The following chart provides a breakdown of that growth: Page 13 of 182 2 Type 10-Yr Growth 5-Yr Growth Residential $ 2,045,753,200 77.2% $ 1,201,293,200 73.4% Commercial 135,510,900 5.1% 85,233,500 4.2% Industrial 179,503,400 6.8% 134,296,700 8.4% Apartments 285,180,900 10.8% 217,656,800 13.9% Other 2,221,600 0.1% 2,221,600 0.1% Total $2,648,170,000 100.0% $ 1,640,701,800 100.0% The U.S. Federal Census shows that the Lakeville population has grown approximately 28% from 59,991 (2015) to 76,746 (2024). As we add commercial and industrial businesses, this also increases the amount of traffic and number of people requiring services from the City (i.e. streets, parks, police, fire, etc.). The following chart reflects capital asset statistics as shown in the 2024 Annual Comprehensive Financial Report: 2015 2024 ACFR *Change (#)Change (%) City Streets (miles)271 336 65 24.0% Acres of parks, conservation areas, and greenways 1,590 1,706 116 7.3% Trails and sidewalks (paved miles)103 142 39 37.9% Playgrounds 43 50 7 16.3% Utility: Water mains (miles)321 386 65 20.2% Fire hydrants 3,572 4,454 882 24.7% Wells 17 19 2 11.8% Water Towers 5 6 1 20.0% Sanitary sewer mains (miles)261 304 43 16.5% *Annual Com prehensiv e Financial Report (ACFR) Preliminary taxable market values have increased $715 million or 5.5% from 2025 to 2026, of which approximately $257 million or 2% is from new construction. Based on the 2025 tax rate, new construction will generate about $839,500 in property taxes. This equates to about 1.7% of the 2025 property tax levy. City Tax Rate The City has been fortunate to keep its tax rate relatively low. Since 2013, the tax rate has declined primarily due to significant new construction growth. The 2026 tax capacity rate is estimated to be 33.149% which is a slight increase from the 2025 tax rate of 32.731%. The 2026 tax rate is still lower than the 2009 tax capacity rate of 33.973%. The 2023 rate of 29.676% was the City’s lowest tax rate since 2009. The following chart shows the tax capacity rates since 2011: Page 14 of 182 3 Proposed Property Tax Levy The 2026 property tax levy is proposed to increase 7.03% and is comprised of the following components: Adopte d Propos e d Change % of Fund 2025 2026 From 2026 Le vy Le vy Le vy 2025 ($)Incre as e General Fund $32,977,000 $34,490,685 $1,513,685 3.10% Pavement Management Fund 1,800,000 2,150,000 350,000 0.72% Building Fund -1,000,000 1,000,000 2.05% Communications Fund -300,000 300,000 0.61% Equipment Fund -400,000 400,000 0.82% Technology Fund 300,000 250,000 (50,000)-0.10% Park Improvement Fund 450,000 700,000 250,000 0.51% Trail Improvement Fund 550,000 850,000 300,000 0.61% Debt Service Funds 9,939,153 9,291,464 (647,689)-1.33% Debt Srvc - Park Referendum 2,833,897 2,854,325 20,428 0.04% TOTAL LEVY $48,850,050 $52,286,474 $3,436,424 7.03% Page 15 of 182 4 The following chart provides a guide for establishing the 2026 tax levy based on factors that impact the Lakeville community: Growth (New Construction) 2.0% CPI-U (MSP)# 2.7% Debt Service -6.5% Debt Service – Park Ref 0.7% Total -1.1% # 2024 Annual to July 2025 The proposed 2026 tax levy includes an additional $3.4 million to fund ongoing services to the community, replacement of capital assets, and to make payments on the City’s $178 million of debt. Impact on Median Valued Home and Commercial Property The median valued home value increased 3.8% from $450,800 to $468,000 in 2026. A $3.4 million increase in the property tax levy would result in the city portion of the property taxes increasing by approximately $61/year or $5.11/month. The additional $5.11/month will provide resources for the following Funds: Fund Annual $ Monthly $ General Fund $26.94 $2.25 Pavement/Bldg/Comm/Equip/Tech Funds $35.60 $2.97 Park & Trail Improvement Funds $9.79 $0.82 Debt Service ($11.53) ($0.96) Debt Service – Park Referendum $0.36 $0.03 Total $61.16 $5.11 Existing commercial properties in Lakeville, in the aggregate, increased in taxable market value by 4%. The proposed 2026 City tax levy will result in an estimated $346 annual increase on a commercial property valued at $1 million with an 4% increase in value. Page 16 of 182 5 Primary Drivers of Revenue Changes in the General Fund The primary drivers of the change in revenues for the preliminary 2026 General Fund budget are as follows: G e neral Fund Re ve nues $ Change Prope rty Taxe s 1,484,685$ Li cense s & Pe rmits 403,336 Inte rgove rnmental SAFER Grant (f ul l yr i n 2026)393,332 Fe de ral Grants 93,262 State Grants 109,503 Fore stry Grant (138,000) Charges for Se rvi ce s Engi ne e ri ng/GIS 296,717 Tre e Sal e s 14,900 Re cre ati on Programs 55,225 Arts Cente r Charge s 23,373 Court Fi ne s (20,000) Inve stment Income 400,000 Donati ons/Mi scel l ane ous 38,500 Transfe rs In (40,000) 2026 Budget Change ove r Orig 2025 Budge t 3,114,833$ Total Proposed 2026 Expenditures are $46,398,100 The total 2026 Proposed Expenditure Budget by Function is shown here: Page 17 of 182 6 Primary Drivers of Expenditure Changes in the General Fund The primary drivers of the change in expenditure levels for the preliminary 2026 General Fund budget are as follows: 2026 General Expenditures - Primary Increase Drivers Personnel- Wages 3% CO LA/Steps 928,078$ FT Firefighters (SAFER grant)393,332$ New Positions Requested 321,660 Fire Call Pay (Part-Time)29,868 Personnel - Benefits * N ew Paid Family Leave Act 98,565 PERA/FICA/Medicare 234,131 Health/Dental/Disab/WC (41,116) Commodities 48,477 Other Charges/Services Professional Fees 317,492 Dakota911 Services 183,434 Gas/Elec/Waste/Phone (8,395) Contractual Services 245,381 Contract Equip/Bldg/Landsc 1,762 Software Subscriptions 95,403 PD Cadets - tuition reimb (23,200) Schools/Conferences 76,461 Dues/Subscriptions 12,248 Licenses/Pest Control 14,903 Misc Areas - savings realized (23,808) 2,904,676$ * Note – Beginning January 1, 2026, the new MN Paid Leave Act will take effect. This law offers job protection and partial wage replacement for employees who are unable to work due to a qualifying condition. Employers may either participate in the state-run program or offer a city- provided alternative. The 2026 General Fund cost of this program is $98,565 - which represents 0.2% of the overall 7.03% levy increase. The 2026 total cost to the City (including the Enterprise Funds) is $155K. Personnel Requests The proposed budget and tax levy include the following requested new positions: o General Fund ▪ Info Technology – IT Specialist (02/01/2026, full-time) Page 18 of 182 7 ▪ Facilities – Facility Technician (02/01/2026, full-time) ▪ Parks – Park Maintenance II (03/02/2026, full-time) New Positions 2026 Expense (includes setup $) 2027 Transition Cost Info Technology Specialist – Feb’26 $122,160 $136,400 Facility Technician – Feb’26 $115,200 $126,200 Park Maintenance II – Mar’26 $94,300 $115,900 Totals $321,660 $378,500 Additional staff requests not included in the 2026 budget and levy presented here were: one IT Analyst, three Police Officers, 3 Fire Battalion Chiefs, one Park Maintenance I and a second Park Maintenance II position. In October of 2024, the City received the SAFER grant award notice for 15 fulltime firefighters. The grant covers the period of March 22, 2025 to March 21, 2028 with an estimated reimbursement schedule of: Year 1 Year 2 Year 3 Total Grant Personnel $1,141,065 $1,218,087 $1,300,308 $3,659,460 Fringe Benefits $593,190 $633,230 $675,973 $1,902,394 Total by Year $1,734,255 $1,851,317 $1,976,281 $5,561,853 When adopting the 2025 budget in December 2024, Council approved staff’s recommendation to commit approximately $600K annually from the General Fund to offset the anticipated end of the SAFER grant in 2028, helping to mitigate a significant FY2028 levy impact. Preliminary Yearend 2025 Estimates The following chart provides a summary of the anticipated changes in revenues and expenditures for 2025 in the General Fund and the impact on the fund balance: 2025 2025 2025 Variance Ge ne ral Fund Adopte d Ame nde d Proje cte d from Adopte d Budge t Budge t *Es timate Pos (Ne g) Revenues 44,006,517 44,006,517 45,622,535 1,616,018 Expenditures 43,493,424 43,493,424 43,435,756 57,668 Excess (deficiency) of revenues over expenditures 513,093 513,093 2,186,779 1,673,686 Transfers from other funds 170,000 170,000 170,000 - Transfers to other funds -(1,850,000)(1,850,000)(1,850,000) Net change in fund balance 683,093 (1,166,907)506,779 (176,314) Page 19 of 182 8 Fund Balance The Fund Balance Policy states that the City will endeavor to maintain an unrestricted fund balance in the General Fund of an amount not less than 40% and not greater than 50% of the next year’s budgeted expenditures of the General Fund. The preliminary 2026 budget does include the use of reserves for one-time or long-term purchases, which is allowed by the Fund Balance policy. The following chart details the use of reserves for both 2025 and 2026: The following table shows the estimated impact on the General Fund reserve balance at year ending 12/31/2026: Levy Type Levy Proposed Change ($) Change (%) FB/Est 2027 Exp* General Operating $34,490,685 $1,513,685 4.6% 49% *2027 Expenses include 3% growth 2025 2025 2026 Adopte d Es timate Propos e d Transfer O ut - Tech Fund 215,000 215,000 - CD - 2050 Comp Plan Update --100,000 Eng - Comp Plan Traffic Study --75,000 Total Use of Fund Balance 215,000 215,000 175,000 Us e of Fund Balance R e s e rve s - Ge ne ral Fund 35.0% 40.0% 45.0% 50.0% 55.0% 60.0% 65.0% 70.0% 75.0% YE 2018 YE 2019 YE 2020 YE 2021 YE 2022 YE 2023 YE 2024 Projected YE 2025 Projected YE 2026 General Fund Fund Balance Target Range Page 20 of 182 9 Building Fund The Building Fund was established to determine and meet long-term funding needs for maintaining the City’s buildings. Starting in 2019, the primary funding source has been antenna revenue received from cellular carriers. Staff will seek other funding sources when appropriate such as energy rebates. The City strives to provide a stable funding source recognizing that the expenditures will fluctuate from year to year in this fund. The City transferred $400,000 from the General Fund in 2023 and no transfer in 2024. For 2025, the City transferred the remaining $1.85M of the Public Safety Aid out of the General fund and into the Building Fund to help offset the land purchase for the new fire station #5. The Proposed levy includes $1M for the Building Fund in 2026. Several large facility projects will have costs starting or totally completed in 2026 – including the Arts Center, Central Maintenance Facility, Heritage Center and the Police station. The current projections of the fund result in a negative fund balance in 2029 if increased levies are not adopted by Council. Equipment Fund The Equipment Fund was established to determine long-term funding needs for replacement of the City’s vehicles and equipment at the end of their useful lives as well as the addition of new equipment as the City continues to grow. The Equipment Fund summary shows the use of funds by department and the various funding sources. The primary funding sources have been contributions from the Liquor Fund, property tax levies and auction proceeds. Occasional contributions from other funds have been utilized when available and appropriate such as General Fund, Pavement Management Fund, Communications Fund, and Environmental Resources Fund. In 2018, staff initiated a process of evaluation based upon a point system developed by Dakota County. Metrics include miles driven, engine hours, vehicle, or equipment usage (daily use vs. periodic use; snowplowing vs. hauling), cost of maintenance and repairs, and maintenance hours vs. operational hours. The Equipment Fund strives to provide a stable funding source recognizing that the expenditures will fluctuate from year to year. Historical funding has been significantly less than the projected expenditures. Recognizing that the City Council is striving to reduce its level of debt and that the current resources should be set aside to replace shorter term operational vehicles/equipment, the use of equipment certificates is typically shown only for the purchase of fire trucks which have an approximate useful life of 20 years. The City has approximately $40 million in vehicles and equipment as of 12/31/2024 of which $31 million is for governmental activities (property-tax supported). The useful life will range from three (3) to 25 years, depending on the vehicle or piece of equipment. 2024 depreciation on the governmental assets was $2.9 million which equates to an approximate 11-year amortization. This amount is based on historical cost and does not reflect the impacts of inflation. The City should strive to fund the Equipment Fund at a level consistent with this estimate on an annual basis using property taxes and other funding sources such as the Liquor Fund and estimated auction/sale Page 21 of 182 10 proceeds. The City transferred $1.6M into the Equipment Fund in 2023 (Liquor/TIF10/General Fund) and $900K from the Liquor fund in 2024 to supplement large fire purchases. The current Equipment Fund may need to issue equipment certificates in 2030 for the replacement of a ladder truck. For 2026, staff recommends a $400,000 property tax levy and increasing the Liquor fund transfer to $1.5M. Staff further recommends increasing the annual property tax funding in 2027 and into future years to help stabilize the position of the Equipment Fund. Park Improvement Fund The preliminary 2026-2030 Capital Improvement Plan discussions include funding and expenditures associated with the replacement of park amenities including parking lots. Over these five years of the CIP, the average annual expenditure is $879,750. Staff recommends a tax levy of $700,000 for 2026 and estimates that years 2027-2035 will require an average of $712,000/year. Pavement Management Fund The proposed tax levy includes $2,150,000 to be designated for funding the City’s pavement management program. The 2027 tax levy need is projected to be $2,550,000, with steady increases thereafter through 2032. Technology Fund Starting in 2020, staff separated technology purchases into a separate fund from other equipment- type purchases. The primary funding source for the Technology Fund is property taxes; $150,000 was levied in 2021. General Fund reserves ($955,000) were also used to fund the initial two years of the Technology Fund. The General Fund reserves supplied a $450K transfer in 2023 and a $215K transfer in 2024. An operating property tax levy of $300K was approved in 2025. Staff recommends a $250K operating levy for 2026. Trail Improvement Fund The preliminary 2026-2030 Capital Improvement Plan includes funding and expenditures associated with the replacement of trail segments. Transfers from the General Fund included $570,000 in 2022 and $250,000 in 2023, and none in 2024 or 2025. The tax levy was $300,000 in 2023, $200,000 in 2024, and $550,000 in 2025. Staff is recommending the levy be increased to $850,000 in 2026 and $650,000 for each subsequent year until 2035. Depending on the Klamath Trail retaining wall project, more funding may be necessary in FY 2027. Debt Service Funds The 2026 property tax levy includes new debt issued in 2025 and reflects cash balances in the debt funds. Some one-time reductions were made due to excess bond proceeds being available. Debt was issued in 2022, 2023 and 2024 for the park referendum projects approved in the November 2021 election. The required 2026 tax levy associated with this debt is $2,854,325 which equates to a 0.04% increase in the tax levy from the 2025 levy. Other Considerations The Utility Funds and Liquor Fund are not being presented for your review and feedback today. They will be presented at a subsequent budget workshop. Page 22 of 182 11 Projected Future Tax Levies Based on the proposed Capital Improvement Plan (projects, issuance of debt, tax levy funding, etc.), a 3.5% inflationary factor for the General Fund levy and some additional staff resources, the following increases in tax levies are projected: 2027 2028 2029 2030 14.14% 3.97% 1.9% (4.7%) Also based on the issuance of debt as proposed in the Capital Improvement Plan, debt (including park bonds) is projected to comprise the following percentage of the total levy in the respective years: 2026 2027 2028 2029 2030 23% 23% 24% 24% 24% Budget/Levy Schedule Aug 25 Workshop – Review Preliminary Tax Levy and Budget Sept 2 Meeting – Adopt Preliminary Tax Levy & Budget; Announce Public Budget Meeting Date Sept 8 Potential additional workshop to discuss preliminary budget/levy (if needed) Oct 27 Workshop – Budget Review – Utility Funds and Liquor Fund; 2026 Proposed Fee Schedule Nov 24 Workshop – Final 2026 Budget/Levy Review and 2025 Yearend Preview Dec 1 Meeting – Public Budget Meeting (Truth in Taxation); Adopt 2026 Budget & Tax Levy; Adopt 2026 Fee Schedule Supporting Information 1. 1. General Fund Summary 2. 2. Sources and Uses of Funds Detail: a. Building b. Equipment c. Park Improvement d. Pavement Management e. Technology f. Trail Improvement 3. Financial Impact: $ 52,286,474 Budgeted: Yes Source: Various Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Julie Stahl, Finance Director Page 23 of 182 2025 2025 Budget 2023 2024 ORIGINAL AMENDED 2025 2026 % OF % Change ACTUAL ACTUAL BUDGET BUDGET PROJECTED REQUESTED TOTAL 25 vs 26 REVENUES: GENERAL PROPERTY TAXES 26,701,305 29,513,138 33,300,000 33,300,000 33,528,377 34,785,685 73.8%4.5% LICENSES & PERMITS 3,489,815 3,052,954 3,259,689 3,259,689 3,295,460 3,663,025 7.8%12.4% INTERGOVERNMENTAL 3,739,685 2,172,655 3,478,938 3,478,938 3,856,830 3,936,035 8.3%13.1% CHARGES FOR SERVICES 3,417,380 3,869,600 3,101,894 3,101,894 3,630,514 3,508,675 7.4%13.1% COURT FINES 238,097 222,790 240,000 240,000 240,000 220,000 0.5%-8.3% SPECIAL ASSESSMENTS 5,189 9,321 0 0 0 0 0.0%#DIV/0! INVESTMENT INCOME 730,148 868,801 500,000 500,000 920,000 900,000 1.9%80.0% MISCELLANEOUS 217,760 166,833 125,996 125,996 151,354 147,930 0.3%17.4% TOTAL REVENUES 38,539,379 39,876,092 44,006,517 44,006,517 45,622,535 47,161,350 100% EXPENDITURES: GENERAL GOVERNMENT CONTINGENCY - STAFFING 0 0 0 0 0 359,489 0.8%#DIV/0! MAYOR AND COUNCIL 125,368 101,359 126,321 126,321 138,802 133,185 0.3%5.4% COMMITTEES & COMMISSIONS 132,695 149,616 143,422 141,922 140,390 115,962 0.2%-19.1% CITY ADMINISTRATION 592,837 572,750 587,089 587,089 616,731 642,763 1.4%9.5% CITY CLERK/ELECTIONS 197,359 414,692 225,579 225,579 227,312 429,056 0.9%90.2% FINANCE 1,161,686 1,241,097 1,235,639 1,235,639 1,184,517 1,230,668 2.7%-0.4% INFORMATION TECHNOLOGY 721,998 782,954 989,146 989,146 997,185 1,053,036 2.3%6.5% HUMAN RESOURCES 664,246 763,151 688,489 688,489 649,979 750,184 1.6%9.0% INSURANCE 250,000 250,000 250,000 250,000 250,000 250,000 0.5%0.0% LEGAL COUNSEL 74,170 99,827 87,000 88,500 88,500 92,000 0.2%5.7% COMMUNITY DEV/PLANNING 1,176,971 1,073,089 1,089,649 1,089,649 1,063,609 1,251,483 2.7%14.9% INSPECTIONS 1,904,395 1,852,606 1,918,122 1,918,122 1,817,868 2,010,273 4.3%4.8% GENERAL GOV'T FACILITIES 575,850 598,961 669,991 669,991 729,154 703,821 1.5%5.0% CITY HALL 553,438 584,349 669,991 669,991 729,154 703,821 STORAGE BLDG (OLD PW)21,649 14,612 RADIO BUILDING 763 PUBLIC SAFETY POLICE 14,540,152 15,913,744 17,227,952 17,227,952 16,770,853 17,661,431 38.1%2.5% FIRE 2,892,795 3,653,494 5,588,299 5,588,299 6,083,739 6,294,251 13.6%12.6% PUBLIC WORKS ENGINEERING/GIS 784,375 816,263 946,722 946,722 946,033 1,074,607 2.3%13.5% CONSTRUCTION SERVICES 587,439 409,088 701,328 701,328 626,893 739,472 1.6%5.4% FORESTRY 526,497 599,013 680,154 680,154 791,400 789,468 1.7%16.1% STREETS 4,024,184 3,789,430 4,409,718 4,409,718 4,342,432 4,585,019 9.9%4.0% PARKS & RECREATION PARKS 3,386,965 3,726,352 3,768,652 3,768,652 3,713,185 3,877,246 8.4%2.9% RECREATION 1,029,097 1,102,698 1,126,418 1,126,418 1,202,617 1,255,000 2.7%11.4% ARTS CENTER 1,022,665 1,228,428 1,033,734 1,033,734 1,054,557 1,099,686 2.4%6.4% TOTAL EXPENDITURES 36,371,744 39,138,612 43,493,424 43,493,424 43,435,756 46,398,100 100% REVS OVER/(UNDER) EXPENDS 2,167,635 737,480 513,093 513,093 2,186,779 763,250 OTHER FINANCING SOURCES (USES) TRANSFERS IN 472,169 226,998 170,000 170,000 170,000 130,000 TRANSFERS OUT (2,353,880)(215,000)0 (1,850,000)(1,850,000)0 TOTAL OTHER FINANCING (1,881,711)11,998 170,000 (1,680,000)(1,680,000)130,000 NET CHANGE IN FUND BALANCE 285,924 749,478 683,093 (1,166,907)506,779 893,250 FUND BALANCE, JAN 1 22,007,407 22,372,985 23,186,599 23,693,378 PRIOR PERIOD ADJUSTMENT 79,654 64,136 0 FUND BALANCE, DEC 31 22,372,985 23,186,599 23,693,378 24,586,628 Restricted Fund Balance (2,129,568)(2,202,765)(775,000)(1,200,000) Unrestricted Fund Bal, Dec 31 20,243,417 20,983,834 22,918,378 23,386,628 Fund Bal of CY Exp 55.7%53.6%52.8%50.4% Fund Bal of NY Exp 51.7%48.3%49.4%48.9% CITY OF LAKEVILLE, MINNESOTA GENERAL FUND PROPOSED 2026 BUDGET Schedule of Revenues, Expenditures and Changes in Fund Balances For the Year Ending December 31, 2026 Page 24 of 182 2026 through 2035 Sources & Uses Details (Capital Project Funds with primarily tax levy funding) Lakeville, MNSources and Uses of Funds Details Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Building Fund Beginning Balance 827,074 -175,536 1,878,716 1,056,485 -510,569 45,139 -468,312 -327,387 202,466 446,815 Revenues and Other Fund Sources Revenue Antenna Rental 528,390 544,252 560,569 577,386 594,708 612,549 630,925 649,853 669,349 689,429 Interest Revenue 50,000 50,000 50,000 50,000 50,000 1,000 1,000 10,000 40,000 50,000 Tax Levy 1,000,000 2,000,000 2,000,000 2,000,000 200,000 200,000 100,000 0 0 0 Total 1,578,390 2,594,252 2,610,569 2,627,386 844,708 813,549 731,925 659,853 709,349 739,429 Other Fund Sources Total Revenues and Other Fund Sources 1,578,390 2,594,252 2,610,569 2,627,386 844,708 813,549 731,925 659,853 709,349 739,429 Total Funds available 2,405,464 2,418,716 4,489,285 3,683,871 334,139 858,688 263,613 332,466 911,815 1,186,244 Expenditures and Uses Capital Projects & Equipment Facilities Arts Center-Maintenance/Improvements B-05 185,000 545,000 0 150,000 125,000 0 0 0 0 0 City Hall Building Maintenance/Improvements B-01 0 135,000 0 207,051 70,000 600,000 125,000 130,000 100,000 100,000 CMF Building Maintenance/Improvements B-02 1,601,000 -800,000 300,000 3,147,704 0 40,000 21,000 0 200,000 200,000 Fine Arts Building- Maintenance/Improvements B-06 0 570,000 0 0 0 0 0 0 0 0 Fire Station #1-Building Maintenance/Improvements B-07 0 60,000 424,800 285,140 22,000 0 0 0 0 0 Fire Station #3-Building Maintenance/Improvements B-09 0 0 0 122,800 7,000 12,000 0 0 0 0 Fire Station #4-Building Maintenance/Improvements B-10 0 30,000 0 124,700 0 0 120,000 0 0 0 Fire Station #5-Building Maintenance/Improvements B-11 0 0 0 0 0 0 120,000 0 0 0 Heritage Center- Maintenance/Improvements B-04 470,000 0 108,000 96,160 40,000 75,000 40,000 0 0 0 Police Station- Building Maintenance/Improvements B-03 325,000 0 2,600,000 60,885 25,000 600,000 165,000 0 165,000 150,000 Produced Using Plan-It CIP Software Page 1 / 6 Page 25 of 182 Total 2,581,000 540,000 3,432,800 4,194,440 289,000 1,327,000 591,000 130,000 465,000 450,000 Other Uses Total Expenditures and Uses 2,581,000 540,000 3,432,800 4,194,440 289,000 1,327,000 591,000 130,000 465,000 450,000 Change in Fund Balance -1,002,610 2,054,252 -822,231 -1,567,054 555,708 -513,451 140,925 529,853 244,349 289,429 Ending Balance -175,536 1,878,716 1,056,485 -510,569 45,139 -468,312 -327,387 202,466 446,815 736,244 Equipment Fund Beginning Balance 1,451,639 926,629 1,451,538 1,046,317 1,473,664 1,168,340 592,829 585,863 529,387 1,296,524 Revenues and Other Fund Sources Revenue Auction Proceeds 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 Environmental Resources Contributions 40,500 40,500 40,500 40,500 40,500 48,700 48,700 48,700 48,700 48,700 Interest Earnings 72,582 46,331 72,577 52,316 73,683 50,000 50,000 50,000 50,000 50,000 Liquor Fund Contribution 1,500,000 1,200,000 900,000 900,000 900,000 900,000 900,000 900,000 900,000 900,000 Tax Levy- Equipment Fund (2026 Ladder Truck)0 0 0 0 1,500,000 0 0 0 0 0 Tax Levy-Equipment Fund 400,000 2,200,000 3,000,000 3,000,000 1,000,000 2,000,000 2,500,000 3,000,000 1,750,000 2,000,000 Total 2,463,082 3,936,831 4,463,077 4,442,816 3,964,183 3,448,700 3,948,700 4,448,700 3,198,700 3,448,700 Other Fund Sources Total Revenues and Other Fund Sources 2,463,082 3,936,831 4,463,077 4,442,816 3,964,183 3,448,700 3,948,700 4,448,700 3,198,700 3,448,700 Total Funds available 3,914,721 4,863,460 5,914,615 5,489,133 5,437,847 4,617,040 4,541,529 5,034,563 3,728,087 4,745,224 Expenditures and Uses Capital Projects & Equipment Equipment Facilities - Equipment E-05 9,270 45,021 0 0 0 0 0 0 0 55,215 Fire - Equipment E-02 432,944 212,524 1,079,564 172,500 1,537,900 431,970 53,528 82,550 136,500 1,216,950 Park Maintenance-Equipment E-04 572,405 702,514 775,820 409,040 623,610 497,425 368,641 1,190,279 525,038 326,128 Police-Equipment E-01 689,000 1,299,733 1,349,714 1,840,807 458,098 1,092,816 1,254,141 2,305,055 829,559 980,382 Streets-Equipment E-03 1,284,473 1,152,130 1,663,200 1,593,122 1,649,899 2,002,000 2,279,356 927,292 940,466 1,382,206 Total 2,988,092 3,411,922 4,868,298 4,015,469 4,269,507 4,024,211 3,955,666 4,505,176 2,431,563 3,960,881 Other Uses Total Expenditures and Uses 2,988,092 3,411,922 4,868,298 4,015,469 4,269,507 4,024,211 3,955,666 4,505,176 2,431,563 3,960,881 Change in Fund Balance -525,010 524,909 -405,221 427,347 -305,324 -575,511 -6,966 -56,476 767,137 -512,181 Ending Balance 926,629 1,451,538 1,046,317 1,473,664 1,168,340 592,829 585,863 529,387 1,296,524 784,343 Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Produced Using Plan-It CIP Software Page 2 / 6 Page 26 of 182 Park Improvement Fund Beginning Balance 670,811 454,571 106,556 13,546 182,071 344,662 113,401 363,221 437,006 394,191 Revenues and Other Fund Sources Revenue Tax Levy 700,000 800,000 800,000 800,000 800,000 800,000 700,000 600,000 600,000 500,000 Valley Park Antenna 32,510 33,485 34,490 35,525 36,591 37,689 38,820 39,985 41,185 42,421 Total 732,510 833,485 834,490 835,525 836,591 837,689 738,820 639,985 641,185 542,421 Other Fund Sources Total Revenues and Other Fund Sources 732,510 833,485 834,490 835,525 836,591 837,689 738,820 639,985 641,185 542,421 Total Funds available 1,403,321 1,288,056 941,046 849,071 1,018,662 1,182,351 852,221 1,003,206 1,078,191 936,612 Expenditures and Uses Capital Projects & Equipment Parks Park Improvements (Various Parks)P-06 277,000 544,000 164,000 142,000 112,000 467,000 182,000 102,000 102,000 7,000 Park parking lot improvements P-09 75,000 210,000 113,000 55,000 45,000 90,000 40,000 60,000 60,000 60,000 Parks Major Maintenance - Bldgs/Shelters/Grounds P-17 60,000 0 0 500 24,850 0 29,250 129,050 88,500 88,500 Parks Major Maintenance - Courts P-20 7,000 30,000 22,000 12,000 51,400 60,200 43,000 13,400 70,500 45,000 Parks Major Maintenance - Fields P-16 31,500 37,000 39,000 39,000 12,000 14,000 14,000 14,000 14,000 14,000 Parks Major Maintenance - General P-01 18,250 18,500 19,500 19,500 19,750 19,750 19,750 19,750 21,000 21,000 Parks Major Maintenance - Open Space P-15 27,000 27,000 27,000 27,000 28,000 28,000 28,000 28,000 28,000 28,000 Playground Replacement P-08 453,000 315,000 543,000 372,000 381,000 390,000 133,000 200,000 300,000 150,000 Total 948,750 1,181,500 927,500 667,000 674,000 1,068,950 489,000 566,200 684,000 413,500 Other Uses Total Expenditures and Uses 948,750 1,181,500 927,500 667,000 674,000 1,068,950 489,000 566,200 684,000 413,500 Change in Fund Balance -216,240 -348,015 -93,010 168,525 162,591 -231,261 249,820 73,785 -42,815 128,921 Ending Balance 454,571 106,556 13,546 182,071 344,662 113,401 363,221 437,006 394,191 523,112 Pavement Management Fund Beginning Balance 425,000 101,250 98,750 118,750 118,750 148,750 147,500 127,500 127,500 47,500 Revenues and Other Fund Sources Revenue MSA- Maintenance 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 120,000 Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Produced Using Plan-It CIP Software Page 3 / 6 Page 27 of 182 Tax Levy 2,150,000 2,550,000 2,550,000 2,600,000 2,700,000 2,800,000 2,800,000 2,900,000 2,900,000 3,000,000 Total 2,270,000 2,670,000 2,670,000 2,720,000 2,820,000 2,920,000 2,920,000 3,020,000 3,020,000 3,120,000 Other Fund Sources Total Revenues and Other Fund Sources 2,270,000 2,670,000 2,670,000 2,720,000 2,820,000 2,920,000 2,920,000 3,020,000 3,020,000 3,120,000 Total Funds available 2,695,000 2,771,250 2,768,750 2,838,750 2,938,750 3,068,750 3,067,500 3,147,500 3,147,500 3,167,500 Expenditures and Uses Capital Projects & Equipment Transportation County Pavement Preservation/City Utility Repairs XX-10 0 25,000 0 0 0 0 0 0 0 0 CSAH 33 Alignment Study (CSAH 9 - CSAH 46)31-06 0 0 0 0 0 56,250 0 0 0 0 CSAH 60 Alignment Study (CSAH 23 - Flagstaff Ave)26-07 78,750 0 0 0 0 0 0 0 0 0 Lake Marion Greenway 26-15 0 67,500 0 0 0 0 0 0 0 0 Pavement Management - Maintenance XX-01 2,515,000 2,580,000 2,650,000 2,720,000 2,790,000 2,865,000 2,940,000 3,020,000 3,100,000 3,255,000 Total 2,593,750 2,672,500 2,650,000 2,720,000 2,790,000 2,921,250 2,940,000 3,020,000 3,100,000 3,255,000 Other Uses Total Expenditures and Uses 2,593,750 2,672,500 2,650,000 2,720,000 2,790,000 2,921,250 2,940,000 3,020,000 3,100,000 3,255,000 Change in Fund Balance -323,750 -2,500 20,000 0 30,000 -1,250 -20,000 0 -80,000 -135,000 Ending Balance 101,250 98,750 118,750 118,750 148,750 147,500 127,500 127,500 47,500 -87,500 Technology Fund Beginning Balance 356,627 351,254 343,043 171,254 285,699 410,818 573,138 698,803 417,389 320,815 Revenues and Other Fund Sources Revenue Interest Earnings 17,831 17,563 14,717 6,082 9,304 13,077 18,679 11,605 6,972 5,000 Tax levy 250,000 350,000 350,000 350,000 350,000 350,000 400,000 400,000 400,000 400,000 Total 267,831 367,563 364,717 356,082 359,304 363,077 418,679 411,605 406,972 405,000 Other Fund Sources Total Revenues and Other Fund Sources 267,831 367,563 364,717 356,082 359,304 363,077 418,679 411,605 406,972 405,000 Total Funds available 624,458 718,817 707,760 527,336 645,003 773,895 991,817 1,110,408 824,361 725,815 Expenditures and Uses Capital Projects & Equipment Technology Technology - General Government T-01 18,109 42,709 8,592 11,613 36,783 17,767 48,755 11,742 7,114 35,402 Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Produced Using Plan-It CIP Software Page 4 / 6 Page 28 of 182 Technology- Parks & recreation T-09 12,915 7,169 19,558 10,210 5,120 13,119 10,236 20,692 7,408 6,637 Technology-Miscellaneous T-11 5,150 116,043 5,464 0 0 0 0 0 0 0 Technology-Network infrastructure T-10 45,497 130,067 373,786 0 137,142 54,414 184,641 437,300 330,000 219,000 Technology-Public Safety T-02 167,489 71,335 123,022 199,705 41,561 94,128 40,225 216,231 140,521 94,507 Technology-Public Works T-03 24,044 8,451 6,084 20,109 13,579 21,329 9,157 7,054 18,503 15,399 Total 273,204 375,774 536,506 241,637 234,185 200,757 293,014 693,019 503,546 370,945 Other Uses Total Expenditures and Uses 273,204 375,774 536,506 241,637 234,185 200,757 293,014 693,019 503,546 370,945 Change in Fund Balance -5,373 -8,211 -171,789 114,445 125,119 162,320 125,665 -281,414 -96,574 34,055 Ending Balance 351,254 343,043 171,254 285,699 410,818 573,138 698,803 417,389 320,815 354,870 Trail Improvement Fund Beginning Balance 525,000 115,000 35,000 77,000 117,000 157,000 171,000 181,000 191,000 172,000 Revenues and Other Fund Sources Revenue Tax Levy 850,000 2,150,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 Total 850,000 2,150,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 Other Fund Sources Total Revenues and Other Fund Sources 850,000 2,150,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 650,000 Total Funds available 1,375,000 2,265,000 685,000 727,000 767,000 807,000 821,000 831,000 841,000 822,000 Expenditures and Uses Capital Projects & Equipment Parks 192nd St Retaining Wall & Trail Reconstruction P-22 55,000 0 0 0 0 0 0 0 0 0 East Community Park Phase II 25-20 30,000 0 0 0 0 0 0 0 0 0 Kenrick Trail Sheet Pile, Wall, & Trail Repairs P-21 275,000 0 0 0 0 0 0 0 0 0 Klamath Trail Retaining Wall 23-13 10,000 1,500,000 0 0 0 0 0 0 0 0 Trail Improvements (Various Trails)P-05 890,000 530,000 608,000 610,000 610,000 636,000 640,000 640,000 669,000 665,000 Total 1,260,000 2,030,000 608,000 610,000 610,000 636,000 640,000 640,000 669,000 665,000 Transportation Holyoke/Highview Avenue Reconstruction 25-05 0 200,000 0 0 0 0 0 0 0 0 Total 0 200,000 0 0 0 0 0 0 0 0 Other Uses Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Produced Using Plan-It CIP Software Page 5 / 6 Page 29 of 182 Total Expenditures and Uses 1,260,000 2,230,000 608,000 610,000 610,000 636,000 640,000 640,000 669,000 665,000 Change in Fund Balance -410,000 -80,000 42,000 40,000 40,000 14,000 10,000 10,000 -19,000 -15,000 Ending Balance 115,000 35,000 77,000 117,000 157,000 171,000 181,000 191,000 172,000 157,000 Source Project #2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Produced Using Plan-It CIP Software Page 6 / 6 Page 30 of 182 Page 1 Date: 08/25/2025 Draft 2026-2030 Capital Improvement Plan (CIP) Proposed Action: Staff is seeking direction from the Council regarding prioritization of the planned/proposed projects. Overview The Capital Improvement Plan is comprised of the following components: 1) Transportation 2) Utility 3) Parks and Recreation 4) Environmental Resources 5) Facilities 6) Equipment 7) Technology Included with this report are the project descriptions, locations, revenues and expenditures. A high- level summary of the impact on future debt balances and tax levy is also included. Program Summary The majority of planned capital investments are in transportation and facilities for the next five years. The total budgeted capital expenditures by category are shown below. The projects are financed from diverse revenue sources. A summary is shown below. Details are shown on subsequent pages. Page 31 of 182 Page 2 Page 32 of 182 Page 3 Transportation Projects The CIP identifies projects that will support existing and projected transportation needs in the City. Primary funding sources include Municipal State Aid, tax levy, GO bonds, special assessments, and on shared County roads/intersections there is often shared funding between the City and the County. City/County projects The City’s cost share on partnership projects with the County is based on adopted County cost participation policies. The draft CIP reflects total costs and revenues from other entities on projects where the City is the lead agency; only the City-share of projects cost are reflected when the County or another entity is the lead agency. The draft CIP also reflects projects in which the County will advance the City share of eligible- project costs, consistent with adopted County cost participation policies. In these instances, the City will use a future year’s allotment from the Municipal State Aid Fund to repay the County, thereby reducing or eliminating the need to issue bonds. City repayments to the County are labeled as “Dakota County- Advanced funding of city share” and shown as a) positive in the year the costs are incurred, and b) negative County amount/positive Municipal State Aid amount in the year of repayment. Projects listed below are already constructed, in-progress or planned. Page 33 of 182 Page 4 City Project # Project description Project led by City or County Construction year(s) Advance repayment year(s) Total estimated advance amount 22-03 210th St/Dodd Blvd Roundabout City 2022 2025/2026 $524,000 23-04 Phase 1 179th St/Future CSAH 9 (Highview-Cedar) County 2023 2025/2026 $3,690,000 23-04 Phase 2 Dodd Blvd (Gerdine Path–CSAH 31) County 2023/2024 2025/2026 $837,875 23-08 CSAH9/CSAH 31 Traffic Signal System County 2023/2024 2026 $327,603 24-04 185th St/Future CSAH 60 (Dodd Blvd-Highview Ave) City 2023 2025-2026 $2,552,000 25-04 185th St/CSAH 60 (CSAH 50-Ipava) City 2025 2026-2028 $2,317,773 26-04 CSAH 9 Modernization (210th St-CSAH 50) City 2027 2029-2030 $1,322,971 26-05 Interstate 25/CSAH 50 Interchange County 2027 2029-2030 $3,771,000 Total estimated advance amount (2025-2030): $15,343,222 Bonds for street reconstruction projects The estimated costs for bond-supported projects currently included in the draft CIP for the 2026 project year would result in tax-levy supported bonds of approximately $4.2 million. This would necessitate an increase in the 2026 tax levy for principal and interest payments of approximately $554K. OCI The chart below reflects the City’s continued commitment to maintaining and improving the City’s street network. The City currently has approximately 338 miles of paved streets and 8.7 miles of gravel streets. The City’s pavement management projects are programmed with priorities placed on street segments that provide the best overall public value and benefit to the City’s Overall Condition Index (OCI). The City’s OCI rating target is between 75-80. The OCI ratings in the chart below represent the OCI at the time the project is programmed into the CIP (prior to the improvement project). Page 34 of 182 Page 5 Staff plans to complete soil testing studies for pavement management projects programmed in the draft CIP upon approval to better estimate project costs. Pay as you go on Street Improvement projects Staff estimates that approximately $155K is needed annually to fund costs related to the following year’s XX-02 street improvement project (design and engineering expenses incurred in advance of construction). For example, $155,000 is included in year 2027 to fund costs of the 2028 street improvement project in advance of receiving bond proceeds in 2028. Staff would like to reduce bonding levels in future years to be able to pay for these year-ahead costs as they are incurred, but this is not assumed for the current CIP. Park Projects Consistent with the 2025-2029 CIP, the draft 2026-2030 CIP includes costs for the East Community Park project, which will be the final project to be completed as part of the 2021 bond referendum. Part of this project will be funded by the remainder of the bond funding from the 2024A bonds, and the balance not covered by bonds or Dakota County contributions will be paid from the Park Dedication Fund. Staff plans to propose a 2026 increase in the Park Dedication fees in line with property value increases, consistent with prior years. There are over 150 miles of paved trails in the city. The draft 2026-2030 CIP includes significant costs for maintenance of trails, which are planned to be funded by the Trail Improvement Fund. The tax levy allocation to this fund has fluctuated over the past few years, with one-time transfers from the General Fund providing the necessary funding in 2021, 2022 and 2023. The 2025 tax levy allocated to this fund was $550,000. New trails are added in the City each year with new Year Local Streets (mile) OCI (project) Arterial & Collector (mile) OCI (proje ct) Est. Proje ct Cost 2014 6.06 18 1.85 18 10,236,050$ 2015 7.76 40 2.18 53 24,897,675$ 2016 8.27 42 0.71 48 13,349,795$ 2017 8.86 32 2.57 50 13,276,728$ 2018 8.24 33 2.80 33 11,842,759$ 2019 8.83 36 0.80 39 10,394,221$ 2020 11.10 35 2.03 30 12,419,688$ 2021 10.14 48 1.60 27 6,132,560$ 2022 6.60 23 6.90 53 25,489,940$ 2023 7.72 52 1.65 65 7,799,977$ 2024 5.37 49 2.17 51 8,126,505$ 2025 7.88 60 0.96 58 6,748,245$ 2026 5.75 60 2.02 58 4,555,000$ 2027 6.37 57 2.46 58 6,745,000$ 2028 6.12 49 2.78 65 6,715,000$ 2029 5.98 53 1.52 60 6,025,000$ 2030 5.53 63 0.83 63 815,000$ Page 35 of 182 Page 6 development and other city projects, and this increase in the annual tax levy allocation for trail maintenance is recommended. The planned projects in 2026-2030 would necessitate a tax levy allocation of $850,000 in 2026, and $2,150,000 in 2027 due to the $1.5M Klamath Trail retaining wall project planned for that year. Thereafter the anticipated tax levy is $650,000 per year. Park improvement projects such as playground replacements, parking lot maintenance, and other park improvements are funded through the Park Improvement Fund. This fund also includes general maintenance projects, maintenance of buildings, park shelters and grounds, fields and open spaces (examples- re-shingle park shelters, replace signs, replace rubber floors, seal park parking lots, resurface basketball and tennis courts, etc.). The estimated tax levy planned in 2026 is $700,000, with $800,000 planned for 2027-2030. Staff plans to combine the Trail Improvement Fund and Park Improvement Funds into a single Park & Trail Improvement Fund at the end of 2025/beginning of 2026. Utility Projects The construction of the next new well (#23) is substantially complete and pending DNR permit approval will be brought online in 2025. Wells #24 and #25 are programmed for 2028 construction. These are needed to satisfy current demands on the water system and this anticipated timing does not consider any future new businesses in Lakeville that may have higher than average water demands. If policy decision by Council goes in a different direction, additional new water infrastructure costs would need to be incorporated. The Dakota Heights water tower is programmed for repainting in 2026. Painting water towers keeps the towers looking nice and prevents the towers from corroding, helping preserve their structural integrity. Painting of the water towers is completed on the interior and exterior of the tank. Painting ensures the continued reliability of water towers and helps prevent the spread of bacteria and other contaminants along with rusting and deterioration on the inside. Also included in the current CIP draft is the cost of constructing a new satellite water treatment facility in 2027. This is pending an ongoing study to determine the advantages and disadvantages of expanding the existing water treatment facility or constructing a satellite facility. The more conservative option is currently included, and if this option moves forward, we will likely need significant adjustments in our quarterly water billing rates to repay related bonds. Facility Projects The Facility plans for necessary improvements/maintenance on City buildings/properties. Included in 2027 is the estimated cost of an expansion of the Central Maintenance Facility, which will be funded by bonds and repaid by tax levies. Also included is the construction of a new fire station at Cedar/Dodd in 2026, and renovations of fire station #3 and fire station #1 in 2027 and 2028, respectively. The fire station projects will all be funded by bonds, with bond repayment anticipated from franchise fees. Equipment and Technology The planned equipment and capital-related technology purchases are estimated in order to address organizational needs, assist with prioritization of purchases across the city, and forecast funding availability. Page 36 of 182 Page 7 Who is paying for Capital Improvement Projects: • Property taxes collected from properties subject to taxation. Governments, schools, non- profits, and other tax-exempt properties (churches) do not pay property taxes. • Franchise Fees collected from properties with gas/electric utility bills and is being used to fund construction/debt repayment of public safety facility construction & improvements. • Utility Operating Funds funded by the users or the services, including residents, businesses, schools, churches, and institutions, through the fees charged on the City utility bills for the services below. o Water fees o Sanitary Sewer fees o Environmental Resources fees o Streetlight fees • Developers connection fees are paid by developers, including the Park Dedication fee, Watermain Unit Charge, Sanitary Sewer fee, and Storm Sewer Charge. These fees are used for only NEW or improved infrastructure (not replacement/maintenance). • Antenna Leases  Companies pay the City for use of City property to hold their cell towers/antennas. This revenue is allocated to the Building Fund and Park Improvement Funds. Attachments: 1) Draft Capital Improvement Plan 2026-2030 From: Justin Miller, City Administrator Julie Stahl, Finance Director Paul Oehme, Public Works Director Zach Johnson, City Engineer Joe Masiarchin, Parks & Recreation Director Page 37 of 182 DRAFT Page 38 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 2 Table of Contents 2026-2030 Capital Improvement Plan Page Introduction/Summary Debt Analysis & Tax Levy Impact 3 5 Cost Type Summary 12 Funding Source Summary 13 Projects & Funding Sources by Cost Type 15 Project Details 20 Street Reconstruction Plan (2026-2030) 128 City Planning/Studies/Project chart 129 Map of Major Projects 130 Page 39 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 3 Introduction The Capital Improvement Plan provides a long-range framework to meet the infrastructure needs and development objectives of our community. It provides policy makers and the community with a strategic (documented) approach to implementation and administration of improvement projects and equipment acquisitions. The Plan identifies the allocation of the City’s financial resources and maximizes the use of non- tax revenues to finance the improvements. Municipal State Aid Street Funds (MSA), connection charges, special assessments and other revenue sources are vital elements to financing City improvements. The use of these revenue sources reduces the reliance on property taxes to finance these improvements. The City should pursue the financing strategy as presented, but future events may require changes in both costs and revenues. The Capital Improvement Plan represents a significant financial, engineering and development undertaking for the City in the years ahead. The Capital Improvement Plan is consistent with the City’s Comprehensive Plan and takes into consideration projects identified in the Dakota County Capital Improvement Plan. Categories Transportation includes all roads, streets, street lights, bridges and traffic signals within the City with the exception of Interstate I-35 and routine maintenance of County roads. Major funding sources include Municipal State Aid Street funds, special assessments and property taxes. Utility infrastructure includes the construction and major maintenance of all water systems such as wells, towers and the water treatment facility. Utilities also include sanitary sewer and storm sewer systems. The primary source of financing for developing new systems is connection charges when property develops or with the issuance of a building permit. Maintenance projects are financed with user fees. The Water Treatment Plant project in 2027 is planned to include a combination of bond funding (principal and interest payments to be repaid with user fees), and fund balance/net assets in the Water Trunk Fund and Water Operating Fund, respectively. Environmental Resources system includes lakes, wetlands, streams, prairies and woodlands. Maintenance project are financed with user fees. Parks system includes regional, community and neighborhood parks as well as trails and recreation facilities such as the Arts Center and Heritage Center. Major resources include park dedication fees collected when property develops, and grants. Maintenance projects are financed with property taxes and other revenue sources. A parks bond referendum was approved in the fall of 2021 and related projects are being constructed between 2022-2026. Page 40 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 4 Facilities include the city hall, police station, fire stations, central maintenance facility and other municipal buildings including the FiRST Center. Primary revenue sources include, but not limited to, property taxes, General Fund, Water Fund, and planned bond proceeds in several years (for the FiRST Center, Fire station renovations, CMF expansion, and Water Treatment plant expansion). Bonds on the CMF expansion are planned to be repaid by property tax levies, and bonds for fire station construction/renovation are planned to be repaid by franchise fees. Equipment includes all major equipment acquisitions and replacement. Primary revenue sources include, but not limited to, Liquor Fund contributions, General Fund, Utility Funds, sale of assets and property taxes. Technology includes all major technology-related equipment acquisitions and replacement. Primary revenue sources include, but not limited to, Liquor Fund, General Fund, Utility Funds, and property taxes. Program Summary The majority of capital investments are in Facilities and Transportation for the next five years.  The total budgeted capital expenditures by category are shown on the Cost Type Summary report.  The projects are financed from diverse revenues sources, as shown on the Funding Source Summary.  The Sources and Uses of Funds Details report includes the estimated revenues and expenditures for tax-levy funded Capital Project Funds for the next 10 years.  Project Details are shown on subsequent pages. Page 41 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 5 Debt Analysis and Tax Impact In reviewing the 2026-2030 Capital Improvement Plan, the City Council should consider the level of debt, the commitment of funds to repay that debt, as well as the annual tax impact associated with the scheduled projects. As of 12/31/2025, the City of Lakeville will have $163,395,000 in debt. The following chart reflects the type of debt that comprises the $163.4M. The 2026-2030 CIP includes projects that are funded by bond proceeds. Bonds are issued for the project costs that the City is funding through tax levies as well as the costs that are specially assessed to property owners. The City anticipates $154,163,000 in bonding for projects in the CIP plan for 2026-2030, including the following-  $34,703,000 for street reconstruction/collector road rehabilitation projects in 2026- 2030  $17,960,000 for the CMF facility expansion in 2027  $40,000,000 for the bonded portion of a Water Treatment Facility satellite facility in 2027  $21,500,000 in 2026, $20,000,000 in 2027 and $20,000,000 in 2028 for fire station construction/remodel projects. Amount 66,155,000$ 11,805,000 55,505,000 3,045,000 4,635,000 550,000 15,245,000 6,405,000 - 50,000 Total remaining principal: 163,395,000 Bond Type Purpose Various capital projects (Central Maintenance Facility, Police Station) Street reconstruction projects GO Capital Improvement GO Street Reconstruction Various capital improvement projects; Includes special assessment-supported debt. Various street improvement projects Holyoke Water Tower, Water Treatment Facility Improvements, Wells 21 and 22 Construction of liquor store (2007) Watermain replacement (in conjunction with street reconstruction projects) Lift station #6 replacement Holyoke Ave Street Lights Arenas projects 2021-2022, Keokuk Liquor Store construction GO Improvement GO State-aid Street Revenue GO Water Revenue HRA Lease Revenue-Liquor Water revenue Sewer revenue Street light revenue Tax Abatement Page 42 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 6 The anticipated bonding amount for 2026 is $30,805,576, which assumes no bonding is needed in 2026 for planned equipment expenditures. The current CIP projections assume no bond funding will be needed for the Municipal State Aid (MSA) projects, which will be dependent on project costs and timing, as well as the ability of Dakota County to provide advance funding on certain MSA projects. Major projects scheduled for 2026, which are planned to be funded with bonds are listed below (note that these amounts also include any bonds which will be repaid by special assessments): Major projects which involve a property tax levy component in 2026 are listed below: Project costs in the CIP may be higher or lower than the tax levy amounts above, due to additional funding sources beyond tax levy, such as fund balance, or other sources (as reflected in the CIP). There are sometimes transfers from General Fund balance reserve into Capital Project Funds to reduce the impact on the tax levy, and such transfers are not reflected in the table above. Project Description Total estimated bonds in 2026 26-02: 2026 Street Reconstruction 3,580,000$ 26-03: Collector Roadway Rehabilitiation 485,576 25-11 New Fire Station Construction 19,500,000 26-09: 215th St Public improvements 5,240,000 Land acquisition for fire station expansion 2,000,000 TOTAL 30,805,576$ Project Description Tax Levy Pavement maintenance project 26-01 (Pavement Management Fund) 2,150,000$ Park improvements (Park Improvement Fund) 700,000 Equipment purchases (Equipment Fund) 400,000 Facilities maintenance/improvements (Building Fund) 1,000,000 Trail maintenance/rehabilitation (Trail Improvement Fund) 850,000 Technology needs (Technology Fund) 250,000 TOTAL 5,350,000$ Page 43 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 7 The following chart reflects the cumulative effect of new debt issued as indicated in the CIP and the retirement of existing debt. The top line is the resulting debt balance at the end of each year. Page 44 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 8 The following charts reflect the cumulative effect of new debt issued as indicated in the proposed CIP and the retirement of existing debt on a per capita basis, and on a per household basis, respectively. Page 45 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 9 Page 46 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 10 The impact of the 2026-2030 CIP and other anticipated bond payment adjustments on the debt service property tax levy are reflected in the following table: Each year, certain bond issues mature and the corresponding debt service payments are eliminated. As noted in the CIP, the City initiated a Pavement Management Program starting in 2009, which increased the scope of the annual street reconstruction projects, which in turn has increased the amount of debt related to such street reconstruction projects. The amount of debt service dropping off each year as payments are made is less than the amount that we are adding for new CIP projects. This results in an increase in the debt service property tax levy. The proposed CIP projects will impact the debt service beginning in 2027. The anticipated bond payments on debt issued in conjunction with these new projects will result in an increased debt service levy of approximately $527,000 for 2027, $2,883,000 for 2028, $3,638,000 for 2029, and $4,413,000 for 2030. The $154.2M of bonding for projects in the 2026-2030 CIP will require significant bond payments beginning in 2027 from the following sources: tax levy, special assessments, franchise fee revenues, and Water Operating Fund. The estimated annual payments by source are shown in the table and chart below. Projected Change in Debt Levy 2026 2027 2028 2029 2030 Total 2026- 2030 12,897,737 12,312,400 11,342,037 9,907,379 58,605,343 Change from: Existing Debt - 751,948 (585,337) (970,363) (1,434,658) (2,238,410) One-time Adjustments - - - - - - New CIP: Street projects - 527,000 1,442,000 2,197,000 2,972,000 7,138,000 Equipment - - - - - - Facilities - - 1,441,157 1,441,157 1,441,157 4,323,471 Parks - - - - - - Change from New CIP: - 527,000 2,883,157 3,638,157 4,413,157 11,461,471 Total Change - 1,278,948 2,297,820 2,667,794 2,978,499 9,223,061 Revised Debt Levy 12,145,789 13,424,737 15,195,557 14,980,194 14,320,536 67,828,404 % Change in Debt Levy 11% 13% -1% -4% Page 47 of 182 City of Lakeville 2026-2030 Capital Improvement Plan- Page 11 *Each year reflects a cumulative total of the funding that would be needed from each of the sources for that year (for example, the obligations shown in 2028 include the change from new CIP debt in 2026 as well as 2027). Impact of the Capital Improvement Plan on the Operating Budget The City’s Operating Budget is affected by the Capital Improvement Plan. Capital improvements typically result in ongoing expenses for routine operation, repair and maintenance upon completion or acquisition. Existing City facilities and equipment will eventually require rehabilitation, renovation or upgrades to accommodate new uses or address needed improvements. Older facilities usually involve higher maintenance and repair costs as well. Capital improvements make a positive contribution to the economic vitality, quality of life and fiscal well-being of our community in spite of potential recurring operating costs. Capital projects such as the redevelopment of under-performing or under-used areas of the City, and the infrastructure expansion needed to support new development, help promote the economic development and growth that generates additional operating revenues. These new revenue sources provide the funding needed to maintain, improve and expand the City’s infrastructure. Additional considerations Dakota County staff continue to prepare the Dakota County’s draft 2026-2030 Transportation, Transportation Sales & Use Tax, and Regional Rail Authority Capital Improvement Program. City and County staff continue to coordinate efforts to create CIPs that align with both local and regional transportation needs. Funding of New Debt from CIP (Cumulative Payments by Year) 2027 2028 2029 2030 2031 Tax Levy 527,000 2,883,157 3,638,157 4,413,157 5,037,157 Special Assessments 678,604 721,340 837,895 898,074 898,074 Franchise Fees 1,725,216 3,330,067 4,934,919 4,934,919 4,934,919 Water Fund - 3,209,703 3,209,703 3,209,703 3,209,703 2,930,820 10,144,268 12,620,674 13,455,853 14,079,853 Page 48 of 182 2026 through 2030 Cost Type Summary Lakeville, MNCost Type Summary Cost Type 2026 2027 2028 2029 2030 Total Environmental Resources 1,602,500 1,601,500 1,601,500 1,601,500 1,501,500 7,908,500 Equipment 3,805,358 3,667,527 5,033,350 4,515,312 4,789,749 21,811,296 Facilities 40,651,256 80,100,000 23,667,800 4,374,400 660,199 149,453,655 Parks 7,160,050 4,561,500 2,898,500 3,692,000 3,109,000 21,421,050 Technology 364,663 602,525 743,368 244,994 305,319 2,260,869 Transportation 26,500,522 29,185,884 21,635,471 15,080,488 25,760,600 118,162,965 Utility 9,532,000 1,882,000 3,535,000 2,005,000 1,725,000 18,679,000 GRAND TOTAL 89,616,349 121,600,936 59,114,989 31,513,694 37,851,367 339,697,335 Produced Using Plan-It CIP Software Page 1 / 1 Page 49 of 182 2026 through 2030 Funding Source Summary Lakeville, MNFunding Source Summary Source 2026 2027 2028 2029 2030 TotalProduced Using Plan-It CIP Software Page 1 / 2 Page 50 of 182 Source 2026 2027 2028 2029 2030 Total Arenas 3,142 3,303 1,739 1,457 2,075 11,716 Building Fund 2,581,000 540,000 3,432,800 4,194,440 289,000 11,037,240 Communications Fund 48,908 68,513 50,000 52,000 77,502 296,923 Dakota County 5,198,000 8,445,000 5,668,161 354,250 9,308,000 28,973,411 Dakota County- Advance funding of city share -2,162,128 479,781 1,308,497 -925,620 -917,971 -2,217,441 Donations 60,000 60,000 Environmental Resources Fund 1,441,070 1,349,010 1,352,383 1,340,000 1,343,848 6,826,311 Equipment Fund 2,988,092 3,411,922 4,868,298 4,015,469 4,269,507 19,553,288 Escrows 949,629 196,000 1,145,629 FiRST Center Operating Fund 25,000 100,000 125,000 General Fund 209,960 250,925 151,500 209,834 265,005 1,087,224 G.O. Improvement Bonds- Franchise Fees (Facilities)27,000,000 20,000,000 20,000,000 67,000,000 G.O. Improvement Bonds - Sp. Assess.5,240,000 330,000 900,000 464,689 6,934,689 G.O. Improvement Bonds- Taxes (Facilities)6,457,256 17,960,000 24,417,256 G.O. Improvement Bonds - Taxes (Streets)4,065,576 7,063,209 5,833,578 5,985,799 4,820,600 27,768,762 Lakeville Baseball Association 150,000 150,000 Liquor Fund 206,340 168,681 194,206 0 414,305 983,532 MSA/MSA Bonds - Sp. Assess.350,000 350,000 Municipal State Aid 5,307,748 4,485,765 3,584,235 5,330,620 4,942,971 23,651,339 Other cost share arrangement- Credit River (Judicial Rd)485,576 485,576 Other funding- Federal 750,000 750,000 Other funding- State 9,047,000 9,047,000 Park Bonds Fund 556,220 556,220 Park Dedication Fund 4,405,080 2,597,500 1,553,000 2,475,750 2,257,000 13,288,330 Park Improvement Fund 948,750 1,181,500 927,500 667,000 674,000 4,398,750 Pavement Management Fund 2,593,750 2,672,500 2,650,000 2,720,000 2,790,000 13,426,250 Sanitary Sewer Operating Fund 1,589,577 1,466,712 1,219,293 1,350,705 1,240,670 6,866,957 Sanitary Sewer Trunk Fund 1,380,000 125,000 85,000 75,000 75,000 1,740,000 Stormwater Infrastructure Fund 205,000 1,490,000 340,000 205,000 2,415,000 4,655,000 Streetlight Operating Fund 30,000 60,000 90,000 Technology Fund 273,204 375,774 536,506 241,637 234,185 1,661,306 Trail Improvement Fund 1,260,000 2,230,000 608,000 610,000 610,000 5,318,000 Vermillion River Watershed JPO 10,000 10,000 10,000 10,000 10,000 50,000 Water Operating Fund 2,897,228 6,921,212 1,419,293 1,870,664 1,380,670 14,489,067 Water Revenue Bonds 40,000,000 40,000,000 Water Trunk Fund 4,515,000 -3,635,000 2,225,000 265,000 1,350,000 4,720,000 GRAND TOTAL 89,616,349 121,600,936 59,114,989 31,513,694 37,851,367 339,697,335 Produced Using Plan-It CIP Software Page 2 / 2 Page 51 of 182 2026 through 2030 Projects & Funding Sources by Cost type Lakeville, MNProjects & Funding Sources By Cost Type Cost Type Project #2026 2027 2028 2029 2030 Total Environmental Resources East Lake Rough Fish Barrier 23-58 35,000 35,000 35,000 35,000 35,000 175,000 Forestry (Ash tree injection/removal, reforestatio ER-05 142,500 141,500 141,500 141,500 141,500 708,500 Lake Management ER-02 110,000 110,000 110,000 110,000 110,000 550,000 Storm Water Conveyance System Expansion ER-04 100,000 100,000 100,000 100,000 400,000 Stormwater Infrastructure Maintenance ER-03 960,000 960,000 960,000 960,000 960,000 4,800,000 Vegetation Management - City Outlots/Public land ER-06 170,000 170,000 170,000 170,000 170,000 850,000 Water Quality and Water Conservation ER-01 85,000 85,000 85,000 85,000 85,000 425,000 Environmental Resources Total 1,602,500 1,601,500 1,601,500 1,601,500 1,501,500 7,908,500 Dakota County 10,000 10,000 10,000 10,000 10,000 50,000 Environmental Resources Fund 1,340,000 1,340,000 1,340,000 1,340,000 1,340,000 6,700,000 General Fund 142,500 141,500 141,500 141,500 141,500 708,500 Stormwater Infrastructure Fund 100,000 100,000 100,000 100,000 400,000 Vermillion River Watershed JPO 10,000 10,000 10,000 10,000 10,000 50,000 Source Grand Total 1,602,500 1,601,500 1,601,500 1,601,500 1,501,500 7,908,500 Equipment Communications PEG-Equipment E-10 45,000 60,000 40,000 52,000 72,654 269,654 Construction Services-Equipment E-07 67,460 69,425 31,334 75,319 243,538 Environmental Resources - Equipment E-11 100,000 100,000 Facilities - Equipment E-05 9,270 45,021 54,291 Fire - Equipment E-02 432,944 212,524 1,079,564 172,500 1,537,900 3,435,432 Inspections-Equipment E-06 37,000 48,186 85,186 Park Maintenance-Equipment E-04 572,405 702,514 775,820 409,040 623,610 3,083,389 Police-Equipment E-01 689,000 1,299,733 1,349,714 1,840,807 458,098 5,637,352 Streets-Equipment E-03 1,284,473 1,152,130 1,663,200 1,593,122 1,649,899 7,342,824 Utilities-Equipment E-12 604,806 126,180 125,052 379,509 324,083 1,559,630 Equipment Total 3,805,358 3,667,527 5,033,350 4,515,312 4,789,749 21,811,296 Communications Fund 45,000 60,000 40,000 52,000 72,654 269,654 Environmental Resources Fund 100,000 100,000 Equipment Fund 2,988,092 3,411,922 4,868,298 4,015,469 4,269,507 19,553,288 General Fund 67,460 69,425 68,334 123,505 328,724 Sanitary Sewer Operating Fund 477,078 63,090 62,526 189,755 162,041 954,490 Water Operating Fund 127,728 63,090 62,526 189,754 162,042 605,140 Source Grand Total 3,805,358 3,667,527 5,033,350 4,515,312 4,789,749 21,811,296 Facilities Arts Center-Maintenance/Improvements B-05 185,000 545,000 150,000 125,000 1,005,000 City Hall Building Maintenance/Improvements B-01 135,000 207,051 70,000 412,051 CMF Building Maintenance/Improvements B-02 1,601,000 17,160,000 300,000 3,147,704 22,208,704 Produced Using Plan-It CIP Software Page 1 / 5 Page 52 of 182 Fine Arts Building- Maintenance/Improvements B-06 570,000 570,000 Fire Station #1-Building Maintenance/Improvements B-07 60,000 20,424,800 285,140 22,000 20,791,940 Fire Station #2 Building Maintenance/Improvements B-08 0 0 Fire Station #3-Building Maintenance/Improvements B-09 2,000,000 20,000,000 122,800 7,000 22,129,800 Fire Station #4-Building Maintenance/Improvements B-10 30,000 124,700 154,700 Fire Station #5 Construction 25-11 25,000,000 25,000,000 First Center- Construction 25-12 6,457,256 6,457,256 FiRST Center Facility Maintenance/Improvements B-17 25,000 100,000 125,000 Galaxie Liquor Store- Maintenance/Improv B-15 45,000 331,570 376,570 Heritage Center- Maintenance/Improvements B-04 470,000 108,000 96,160 40,000 714,160 Heritage Liquor Store- Maintenance/Improv B-13 30,000 65,000 8,000 103,000 Kenrick Liquor Store- Maintenance/Improv B-14 40,000 31,629 71,629 Keokuk Liquor Store- Maintenance/Improv B-12 23,000 23,000 Police Station- Building Maintenance/Improvements B-03 325,000 2,600,000 60,885 25,000 3,010,885 Water Treatment Facilty- Maintenance/Improvements B-16 4,450,000 41,500,000 170,000 179,960 46,299,960 Facilities Total 40,651,256 80,100,000 23,667,800 4,374,400 660,199 149,453,655 Building Fund 2,581,000 540,000 3,432,800 4,194,440 289,000 11,037,240 FiRST Center Operating Fund 25,000 100,000 125,000 G.O. Improvement Bonds- Franchise Fees (Facilities)27,000,000 20,000,000 20,000,000 67,000,000 G.O. Improvement Bonds- Taxes (Facilities)6,457,256 17,960,000 24,417,256 Liquor Fund 138,000 65,000 371,199 574,199 Water Operating Fund 450,000 5,500,000 170,000 179,960 6,299,960 Water Revenue Bonds 40,000,000 40,000,000 Water Trunk Fund 4,000,000 -4,000,000 0 Source Grand Total 40,651,256 80,100,000 23,667,800 4,374,400 660,199 149,453,655 Parks 192nd St Retaining Wall & Trail Reconstruction P-22 55,000 55,000 East Community Park Phase II 25-20 2,775,000 2,775,000 Future Park Land Acquisition P-04 100,000 100,000 100,000 300,000 Grand Prairie Park 24-20 950,000 950,000 Grand Prairie Skatepark P-12 50,000 600,000 650,000 Kenrick Trail Sheet Pile, Wall, & Trail Repairs P-21 275,000 275,000 Keokuk Avenue/172nd St. Park P-11 65,000 770,000 835,000 Klamath Trail Retaining Wall 23-13 10,000 1,500,000 1,510,000 Other Projects P-19 300,000 25,000 600,000 325,000 325,000 1,575,000 Park Development - Adminstrative Projects P-02 35,000 20,000 20,000 20,000 20,000 115,000 Park Development - Developer Credits P-03 435,000 435,000 435,000 435,000 435,000 2,175,000 Park Improvements (Various Parks)P-06 277,000 694,000 164,000 142,000 112,000 1,389,000 Park parking lot improvements P-09 75,000 210,000 113,000 55,000 45,000 498,000 Parks Major Maintenance - Bldgs/Shelters/Grounds P-17 60,000 0 0 500 24,850 85,350 Cost Type Project #2026 2027 2028 2029 2030 Total Produced Using Plan-It CIP Software Page 2 / 5 Page 53 of 182 Parks Major Maintenance - Courts P-20 7,000 30,000 22,000 12,000 51,400 122,400 Parks Major Maintenance - Fields P-16 31,500 37,000 39,000 39,000 12,000 158,500 Parks Major Maintenance - General P-01 18,250 18,500 19,500 19,500 19,750 95,500 Parks Major Maintenance - Open Space P-15 27,000 27,000 27,000 27,000 28,000 136,000 Parks - New Parking Lots & Expansions P-24 300,000 300,000 Parks System Master Plan P-23 91,300 91,300 Playground Replacement P-08 513,000 315,000 543,000 372,000 381,000 2,124,000 Ritter Meadows Park P-13 58,000 770,000 828,000 S.W. Corner of 210th Street & I-35 P-25 75,000 75,000 Trail Improvements (Various Trails)P-05 890,000 530,000 708,000 710,000 710,000 3,548,000 Voyageur Park P-14 35,000 720,000 755,000 Parks Total 7,160,050 4,561,500 2,898,500 3,692,000 3,109,000 21,421,050 Dakota County 570,000 570,000 Donations 60,000 60,000 Lakeville Baseball Association 150,000 150,000 Park Bonds Fund 556,220 556,220 Park Dedication Fund 3,765,080 1,200,000 1,363,000 2,415,000 1,825,000 10,568,080 Park Improvement Fund 948,750 1,181,500 927,500 667,000 674,000 4,398,750 Trail Improvement Fund 1,260,000 2,030,000 608,000 610,000 610,000 5,118,000 Source Grand Total 7,160,050 4,561,500 2,898,500 3,692,000 3,109,000 21,421,050 Technology Technology-Arenas T-04 3,142 3,303 1,739 1,457 2,075 11,716 Technology-Communications T-05 2,597 2,513 0 0 848 5,958 Technology-Environmental Resources T-07 4,010 4,383 848 9,241 Technology - General Government T-01 18,109 42,709 8,592 11,613 36,783 117,806 Technology-Liquor T-06 58,545 121,681 55,206 17,106 252,538 Technology-Miscellaneous T-11 5,150 116,043 5,464 126,657 Technology-Network infrastructure T-10 63,760 217,067 511,786 0 186,142 978,755 Technology- Parks & recreation T-09 12,915 7,169 19,558 10,210 5,120 54,972 Technology-Public Safety T-02 167,489 71,335 123,022 199,705 41,561 603,112 Technology-Public Works T-03 24,044 8,451 6,084 20,109 13,579 72,267 Technology-Utilities T-08 8,912 8,244 7,534 1,900 1,257 27,847 Technology Total 364,663 602,525 743,368 244,994 305,319 2,260,869 Arenas 3,142 3,303 1,739 1,457 2,075 11,716 Communications Fund 3,908 8,513 10,000 0 4,848 27,269 Environmental Resources Fund 1,070 9,010 12,383 0 3,848 26,311 Liquor Fund 68,340 168,681 129,206 0 43,106 409,333 Sanitary Sewer Operating Fund 7,499 18,622 26,767 950 8,629 62,467 Technology Fund 273,204 375,774 536,506 241,637 234,185 1,661,306 Water Operating Fund 7,500 18,622 26,767 950 8,628 62,467 Source Grand Total 364,663 602,525 743,368 244,994 305,319 2,260,869 Transportation 185th St/Future CSAH 60 (Dodd Blvd - Highview Ave)24-04 0 0 Collector Roadway Rehabilitation XX-03 971,152 3,985,709 2,168,578 2,205,488 935,600 10,266,527 County Pavement Preservation/City Utility Repairs XX-10 10,000 35,000 45,000 CSAH 23 Alignment Study (Griffon Tr - 135th St)27-07 8,925 8,925 Cost Type Project #2026 2027 2028 2029 2030 Total Produced Using Plan-It CIP Software Page 3 / 5 Page 54 of 182 CSAH 23 M&O (CSAH 9 to CSAH 42)27-09 0 0 CSAH 46 and Foliage Avenue Traffic Signal Replace 28-06 43,750 225,000 268,750 CSAH 46 and Galaxie Avenue Traffic Signal Replacem 28-07 50,000 225,000 275,000 CSAH 46 at Lac Lavon/Interlachen Traffic Signal 30-05 87,500 475,000 562,500 CSAH 50 and Hamburg Avenue RAB 26-06 30,000 30,000 CSAH 50 and Iberia Avenue Traffic Safety Mgmt 31-05 140,000 67,500 1,575,000 1,782,500 CSAH 50/CSAH 60 RAB Modifications 26-08 100,000 100,000 CSAH 5 and Kenyon Avenue Traffic Signal 27-05 360,000 360,000 CSAH 60/185th Street (Kenwood Tr- Ipava Ave)25-04 0 0 0 0 CSAH 60 Alignment Study (CSAH 23 - Flagstaff Ave)26-07 78,750 78,750 CSAH 60 and Judicial Road Traffic Signal 30-06 50,000 250,000 300,000 CSAH 60 and Orchard Trail Traffic Signal 28-05 150,000 800,000 950,000 CSAH 70 Intersection Improvements W. of Keokuk Ave 27-08 400,000 400,000 CSAH 9/Dodd Blvd Modernization (215th St-210th St)28-04 650,000 750,000 4,400,000 5,800,000 CSAH 9 Extension (to CSAH Standards)25-19 500,000 500,000 CSAH 9 Improvements at 194th St & 190th St 29-04 140,000 67,500 1,575,000 1,782,500 CSAH 9 Modernization (210th St - CSAH 50)26-04 1,800,000 9,012,500 0 0 0 10,812,500 Freight Rail Car Storage Facility 22-16 7,750,000 7,750,000 Future CSAH 9 and Bridge at North Creek 24-05 13,395,000 13,395,000 Future CSAH 9/CSAH 31 Traffic Signal System 23-08 0 0 0 Holyoke/Highview Avenue Reconstruction 25-05 1,955,000 6,905,000 1,255,000 10,115,000 Interstate 35/CSAH 50 Interchange Reconstruction 26-05 655,620 5,029,393 0 5,685,013 Lake Marion Greenway 26-15 4,580,000 67,500 150,000 405,000 2,880,000 8,082,500 Pavement Management - Maintenance XX-01 2,865,000 2,780,000 2,850,000 2,920,000 2,990,000 14,405,000 Street Reconstruction XX-02 4,405,000 4,507,500 5,515,000 5,145,000 4,835,000 24,407,500 Transportation Total 26,500,522 29,185,884 21,635,471 15,080,488 25,760,600 118,162,965 Dakota County 4,618,000 8,435,000 5,658,161 344,250 9,298,000 28,353,411 Dakota County- Advance funding of city share -2,162,128 479,781 1,308,497 -925,620 -917,971 -2,217,441 Escrows 949,629 196,000 1,145,629 General Fund 40,000 10,000 50,000 G.O. Improvement Bonds - Sp. Assess.330,000 900,000 464,689 1,694,689 G.O. Improvement Bonds - Taxes (Streets)4,065,576 7,063,209 5,833,578 5,985,799 4,820,600 27,768,762 MSA/MSA Bonds - Sp. Assess.350,000 350,000 Municipal State Aid 5,307,748 4,485,765 3,584,235 5,330,620 4,942,971 23,651,339 Other cost share arrangement- Credit River (Judicial Rd)485,576 485,576 Other funding- Federal 750,000 750,000 Other funding- State 9,047,000 9,047,000 Park Dedication Fund 640,000 1,397,500 190,000 60,750 432,000 2,720,250 Pavement Management Fund 2,593,750 2,672,500 2,650,000 2,720,000 2,790,000 13,426,250 Sanitary Sewer Operating Fund 355,000 530,000 375,000 375,000 375,000 2,010,000 Sanitary Sewer Trunk Fund 90,000 50,000 10,000 150,000 Stormwater Infrastructure Fund 105,000 1,390,000 240,000 105,000 2,415,000 4,255,000 Streetlight Operating Fund 30,000 60,000 90,000 Cost Type Project #2026 2027 2028 2029 2030 Total Produced Using Plan-It CIP Software Page 4 / 5 Page 55 of 182 Trail Improvement Fund 200,000 200,000 Water Operating Fund 575,000 752,500 670,000 620,000 670,000 3,287,500 Water Trunk Fund 10,000 935,000 945,000 Source Grand Total 26,500,522 29,185,884 21,635,471 15,080,488 25,760,600 118,162,965 Utility 215th Street Public Improvements 26-09 6,555,000 6,555,000 Fiber Optic Cable Connection U-10 62,000 62,000 70,000 60,000 80,000 334,000 Sanitary Sewer Inflow/Infiltration Maintenance U-03 575,000 575,000 575,000 575,000 575,000 2,875,000 Sanitary Sewer Lift Station Rehabilitation U-02 150,000 255,000 150,000 180,000 80,000 815,000 Sanitary Sewer Trunk Improvements U-01 75,000 75,000 75,000 75,000 75,000 375,000 Tower and Reservoir Maintenance U-08 1,150,000 150,000 1,300,000 Water Distribution Features U-06 150,000 150,000 150,000 450,000 Watermain Trunk Extensions U-05 265,000 265,000 265,000 265,000 265,000 1,325,000 Water meter replacement U-09 350,000 350,000 350,000 400,000 400,000 1,850,000 Well and Pump Rehabilitation U-07 200,000 200,000 100,000 300,000 100,000 900,000 Well Construction U-04 100,000 1,800,000 1,900,000 Utility Total 9,532,000 1,882,000 3,535,000 2,005,000 1,725,000 18,679,000 G.O. Improvement Bonds - Sp. Assess.5,240,000 5,240,000 Sanitary Sewer Operating Fund 750,000 855,000 755,000 785,000 695,000 3,840,000 Sanitary Sewer Trunk Fund 1,290,000 75,000 75,000 75,000 75,000 1,590,000 Stormwater Infrastructure Fund 0 0 Water Operating Fund 1,737,000 587,000 490,000 880,000 540,000 4,234,000 Water Trunk Fund 515,000 365,000 2,215,000 265,000 415,000 3,775,000 Source Grand Total 9,532,000 1,882,000 3,535,000 2,005,000 1,725,000 18,679,000 GRAND TOTAL 89,616,349 121,600,936 59,114,989 31,513,694 37,851,367 339,697,335 Cost Type Project #2026 2027 2028 2029 2030 Total Produced Using Plan-It CIP Software Page 5 / 5 Page 56 of 182 East Lake Rough Fish Barrier 2026 thru 2030 Project Details Lakeville, MN Project Name East Lake Rough Fish Barrier Project # 23-58 Total Project Cost $175,000 Contact Zach Johnson, City Engineer Cost Type Environmental Resources Department Environmental Resources Funding Description Environmental Resources Fund Expenditures 2026 2027 2028 2029 2030 Total Engineering/Design/Other costs 35,000 35,000 35,000 35,000 35,000 175,000 Total 35,000 35,000 35,000 35,000 35,000 175,000 Funding Sources 2026 2027 2028 2029 2030 Total Environmental Resources Fund 35,000 35,000 35,000 35,000 35,000 175,000 Total 35,000 35,000 35,000 35,000 35,000 175,000 Produced Using Plan-It CIP Software Page 1 / 108Page 57 of 182 Water Quality and Water Conservation 2026 thru 2030 Project Details Lakeville, MN Project Name Water Quality and Water Conservation Project # ER-01 Total Project Cost $425,000 Contact Zach Johnson, City Engineer Cost Type Environmental Resources Type Other Department Environmental Resources Funding Description Environmental Resources Fund County Project #N/A SA/SAP #N/A JPA #N/A Description Water Quality Best Management Practices Partnership projects aligning with Black Dog Watershed Water Management Organization, Dakota County Soil and Water Conservation District and Vermillion River Watershed Joint Powers Organization restoration and protection strategies. Funding intended as City’s cost-share to meet partnership or grant matching requirements. Emphasis on Federal Clean Water Act, Minnesota Pollution Control Agency MS4 permit and Total Maximum Daily Load compliance. Urban Restoration - Public System Initiatives and Improvements Program designed to restore and manage landscaping at public facilities and public open spaces by replacing hardscape and lawns with native plants/low-maintenance vegetation. Best management practices include native grasses/plants, prairies, rain gardens and woodlands to provide stormwater rate control/volume reduction or water quality improvements. Water Conservation Program designed to implement water conservation strategies to reduce water use. Best management practices include water reuse and smart irrigation systems. Expenditures 2026 2027 2028 2029 2030 Total Water Quality BMPs 75,000 75,000 75,000 75,000 75,000 375,000 Urban Restoration- Public System Initiatives 10,000 10,000 10,000 10,000 10,000 50,000 Total 85,000 85,000 85,000 85,000 85,000 425,000 Funding Sources 2026 2027 2028 2029 2030 Total Environmental Resources Fund 85,000 85,000 85,000 85,000 85,000 425,000 Total 85,000 85,000 85,000 85,000 85,000 425,000 Produced Using Plan-It CIP Software Page 2 / 108Page 58 of 182 Lake Management 2026 thru 2030 Project Details Lakeville, MN Project Name Lake Management Project # ER-02 Total Project Cost $550,000 Contact Zach Johnson, City Engineer Cost Type Environmental Resources Type Other Department Environmental Resources Funding Description Environmental Resources Fund County Project #N/A SA/SAP #N/A JPA #N/A Description Annual management program designed to promote and protect public water resources. Annual assessments, including aquatic plant surveys, aquatic invasive species monitoring, fish surveys and water monitoring/sampling, guide best management practices and strategies, and prioritize and schedule treatments. Best management practices and strategies include chemical treatments, education and outreach, and fish management. Expenditures 2026 2027 2028 2029 2030 Total Water Quality Assessment 60,000 60,000 60,000 60,000 60,000 300,000 Water Quality Treatment 50,000 50,000 50,000 50,000 50,000 250,000 Total 110,000 110,000 110,000 110,000 110,000 550,000 Funding Sources 2026 2027 2028 2029 2030 Total Environmental Resources Fund 100,000 100,000 100,000 100,000 100,000 500,000 Dakota County 10,000 10,000 10,000 10,000 10,000 50,000 Total 110,000 110,000 110,000 110,000 110,000 550,000 Produced Using Plan-It CIP Software Page 3 / 108Page 59 of 182 Stormwater Infrastructure Maintenance 2026 thru 2030 Project Details Lakeville, MN Project Name Stormwater Infrastructure Maintenance Project # ER-03 Total Project Cost $4,800,000 Contact Zach Johnson, City Engineer Cost Type Environmental Resources Type Maintenance Department Engineering Funding Description Environmental Resources Fund Description Stormwater Basin Rehabilitation Annual maintenance program designed to extend service life/minimize life-cycle costs of public stormwater management basins. Stormwater management basins improve water quality of stormwater runoff and reduce peak stormwater discharge rates. Public stormwater management basins are inspected regularly to prioritize and schedule maintenance and rehabilitation projects. Best management practices include maintenance at emergency overflow/easement areas, sediment/vegetation removal and slope restoration. Emphasis on Minnesota Pollution Control Agency Municipal Separate Storm Sewer System (MS4) permit compliance. Stormwater Infrastructure Maintenance/Rehabilitation Annual preventive maintenance program designed to protect the City’s investment in public stormwater infrastructure. Best management practices include flared-end section repairs, sediment removal, storm sewer pipe and manhole repairs, and stormwater conveyance systems improvements. Emphasis on Minnesota Pollution Control Agency Municipal Separate Storm Sewer System (MS4) permit compliance. Flared-End Section (FES) Maintenance Annual maintenance program designed to improve the overall performance and effectiveness of the City’s stormwater management system. Best management practices include removal of accumulated sediment that is restricting stormwater flow through flared-end sections, stormwater infrastructure designed to convey water to/from stormwater management basins. Stormwater Structure Sump Filling Annual program designed to improve the overall efficiency and effectiveness in maintaining the performance of the City's stromwater management. Expenditures 2026 2027 2028 2029 2030 Total Stormwater Basin Rehabilitation 450,000 450,000 450,000 450,000 450,000 2,250,000 Stormwater Infrastructure maintenance/rehabilitation 290,000 290,000 290,000 290,000 290,000 1,450,000 Creeks- proactive/preventative maintenance 100,000 100,000 100,000 100,000 100,000 500,000 FES Maintenance- MS4 Pond/Outfall Insp.85,000 85,000 85,000 85,000 85,000 425,000 Stormwater structure sump filling 35,000 35,000 35,000 35,000 35,000 175,000 Total 960,000 960,000 960,000 960,000 960,000 4,800,000 Funding Sources 2026 2027 2028 2029 2030 Total Environmental Resources Fund 950,000 950,000 950,000 950,000 950,000 4,750,000 Vermillion River Watershed JPO 10,000 10,000 10,000 10,000 10,000 50,000 Total 960,000 960,000 960,000 960,000 960,000 4,800,000 Produced Using Plan-It CIP Software Page 4 / 108Page 60 of 182 Storm Water Conveyance System Expansion 2026 thru 2030 Project Details Lakeville, MN Project Name Storm Water Conveyance System Expansion Project # ER-04 Total Project Cost $500,000 Contact Zach Johnson, City Engineer Cost Type Environmental Resources Prior Expenditures 2026 2027 2028 2029 2030 Total 100,000 Construction 100,000 100,000 100,000 100,000 0 400,000 Total 100,000 100,000 100,000 100,000 0 400,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 100,000 Stormwater Infrastructure Fund 100,000 100,000 100,000 100,000 0 400,000 Total 100,000 100,000 100,000 100,000 0 400,000 Produced Using Plan-It CIP Software Page 5 / 108Page 61 of 182 Forestry (Ash tree injection/removal, reforestatio 2026 thru 2030 Project Details Lakeville, MN Project Name Forestry (Ash tree injection/removal, reforestatio Project # ER-05 Total Project Cost $708,500 Contact Zach Jorgensen, City Forester Cost Type Environmental Resources Type Maintenance Department Environmental Resources Description Annual maintenance program designed to manage, preserve, and protect public woodland assets. Best management practices include Emerald Ash Borer program (tree injections, tree removal/stump grinding of infected trees and reforestation of public parks/open spaces). Expenditures 2026 2027 2028 2029 2030 Total Ash tree injection 62,000 60,000 55,000 55,000 55,000 287,000 Ash tree removal 53,000 53,000 56,000 56,000 56,000 274,000 Reforestation 27,500 28,500 30,500 30,500 30,500 147,500 Total 142,500 141,500 141,500 141,500 141,500 708,500 Funding Sources 2026 2027 2028 2029 2030 Total General Fund 142,500 141,500 141,500 141,500 141,500 708,500 Total 142,500 141,500 141,500 141,500 141,500 708,500 Produced Using Plan-It CIP Software Page 6 / 108Page 62 of 182 Vegetation Management - City Outlots/Public land 2026 thru 2030 Project Details Lakeville, MN Project Name Vegetation Management - City Outlots/Public land Project # ER-06 Total Project Cost $850,000 Contact Zach Jorgensen, City Forester Cost Type Environmental Resources Type Maintenance Department Environmental Resources Description Annual maintenance program designed to help establish deep-rooted native vegetation that will help prevent erosion and filter out chemicals, and nutrients, like phosphorous, that degrades water quality. Managing invasive and noxious weeds also helps to establish the native vegetation, increase biodiversity, and improve habitat for local wildlife. Expenditures 2026 2027 2028 2029 2030 Total Vegetation maintenance-City outlots/public land 170,000 170,000 170,000 170,000 170,000 850,000 Total 170,000 170,000 170,000 170,000 170,000 850,000 Funding Sources 2026 2027 2028 2029 2030 Total Environmental Resources Fund 170,000 170,000 170,000 170,000 170,000 850,000 Total 170,000 170,000 170,000 170,000 170,000 850,000 Produced Using Plan-It CIP Software Page 7 / 108Page 63 of 182 Police- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Police-Equipment Project # E-01 Total Project Cost $12,099,305 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Police Department Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Police division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase - squad vehicles 375,000 1,013,700 991,200 1,759,500 70,800 4,210,200 6,461,953 Equipment purchase - radios 195,000 212,550 313,040 74,407 65,844 860,841 Equipment purchase - command center 0 0 0 0 250,000 250,000 Equipment purchase - firearms 59,000 56,026 6,384 6,900 6,726 135,036 Equipment purchase - supplemental equipment 35,000 0 24,629 0 32,077 91,706 Equipment purchase - safety equipment 0 17,457 14,461 0 32,651 64,569 Equipment purchase - drones 25,000 0 0 0 0 25,000 Total 689,000 1,299,733 1,349,714 1,840,807 458,098 5,637,352 Funding Sources 2026 2027 2028 2029 2030 Total Future Equipment Fund 689,000 1,299,733 1,349,714 1,840,807 458,098 5,637,352 6,461,953 Total 689,000 1,299,733 1,349,714 1,840,807 458,098 5,637,352 Produced Using Plan-It CIP Software Page 8 / 108Page 64 of 182 Fire - Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Fire - Equipment Project # E-02 Total Project Cost $5,356,930 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Fire Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Fire division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase - multi-year fire equipment 0 0 800,000 0 1,532,000 2,332,000 1,921,498 Equipment purchase - radios 177,644 177,644 177,644 0 0 532,932 Equipment Purchase - vehicle 250,000 0 72,800 172,500 0 495,300 Equipment purchase - supplemental equipment 0 34,880 29,120 0 0 64,000 Equipment Purchase - Trailer 5,300 0 0 0 5,900 11,200 Total 432,944 212,524 1,079,564 172,500 1,537,900 3,435,432 Funding Sources 2026 2027 2028 2029 2030 Total Future Equipment Fund 432,944 212,524 1,079,564 172,500 1,537,900 3,435,432 1,921,498 Total 432,944 212,524 1,079,564 172,500 1,537,900 3,435,432 Produced Using Plan-It CIP Software Page 9 / 108Page 65 of 182 Streets- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Streets-Equipment Project # E-03 Total Project Cost $14,874,144 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Streets Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Streets division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment Purchase - plow truck 922,200 675,800 1,187,200 713,000 731,600 4,229,800 7,531,320 Equipment purchase - heavy equipment 0 394,580 459,200 723,797 79,392 1,656,969 Equipment Purchase - vehicle 296,800 81,750 0 69,000 141,600 589,150 Equipment purchase - supplemental equipment 46,287 0 16,800 87,325 362,424 512,836 Equipment purchase - sweepers 0 0 0 0 324,558 324,558 Equipment Purchase - Trailer 19,186 0 0 0 10,325 29,511 Total 1,284,473 1,152,130 1,663,200 1,593,122 1,649,899 7,342,824 Funding Sources 2026 2027 2028 2029 2030 Total Future Equipment Fund 1,284,473 1,152,130 1,663,200 1,593,122 1,649,899 7,342,824 7,531,320 Total 1,284,473 1,152,130 1,663,200 1,593,122 1,649,899 7,342,824 Produced Using Plan-It CIP Software Page 10 / 108Page 66 of 182 Park Maintenance- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Park Maintenance-Equipment Project # E-04 Total Project Cost $5,990,900 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Park Maintenance Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Park Maintenance division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase - mowers 172,906 177,799 182,692 240,540 163,006 936,943 2,907,511 Equipment Purchase - vehicle 96,106 126,355 129,530 37,950 310,006 699,947 Equipment purchase - heavy equipment 0 95,375 371,280 92,000 0 558,655 Equipment purchase - supplemental equipment 75,416 30,485 50,072 38,550 132,898 327,421 Equipment purchase - load & pack refuse 0 272,500 0 0 0 272,500 Equipment purchase - seasonal staff equipment 227,977 0 27,741 0 0 255,718 Equipment Purchase - Trailer 0 0 14,505 0 17,700 32,205 Total 572,405 702,514 775,820 409,040 623,610 3,083,389 Funding Sources 2026 2027 2028 2029 2030 Total Future Equipment Fund 572,405 702,514 775,820 409,040 623,610 3,083,389 2,907,511 Total 572,405 702,514 775,820 409,040 623,610 3,083,389 Produced Using Plan-It CIP Software Page 11 / 108Page 67 of 182 Facilities - Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Facilities - Equipment Project # E-05 Total Project Cost $109,506 Contact Tom Breeggemann, Facilities Supervisor Cost Type Equipment Type Equipment Department General Government Facilities Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Facilities division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase 9,270 45,021 0 0 0 54,291 55,215 Total 9,270 45,021 0 0 0 54,291 Funding Sources 2026 2027 2028 2029 2030 Total Future Equipment Fund 9,270 45,021 0 0 0 54,291 55,215 Total 9,270 45,021 0 0 0 54,291 Produced Using Plan-It CIP Software Page 12 / 108Page 68 of 182 Inspections- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Inspections-Equipment Project # E-06 Total Project Cost $349,186 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Inspections Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Inspections division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase 0 0 0 37,000 48,186 85,186 264,000 Total 0 0 0 37,000 48,186 85,186 Funding Sources 2026 2027 2028 2029 2030 Total Future General Fund 0 0 0 37,000 48,186 85,186 264,000 Total 0 0 0 37,000 48,186 85,186 Produced Using Plan-It CIP Software Page 13 / 108Page 69 of 182 Construction Services- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Construction Services-Equipment Project # E-07 Total Project Cost $279,908 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Construction Services Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Construction Services division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase 67,460 69,425 0 31,334 75,319 243,538 36,370 Total 67,460 69,425 0 31,334 75,319 243,538 Funding Sources 2026 2027 2028 2029 2030 Total Future General Fund 67,460 69,425 0 31,334 75,319 243,538 36,370 Total 67,460 69,425 0 31,334 75,319 243,538 Produced Using Plan-It CIP Software Page 14 / 108Page 70 of 182 Communications PEG- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Communications PEG-Equipment Project # E-10 Total Project Cost $454,654 Contact Tierney Helmers, Communications Manager Cost Type Equipment Type Equipment Department Communications Funding Description Equipment Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Communications division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase 45,000 60,000 40,000 52,000 72,654 269,654 185,000 Total 45,000 60,000 40,000 52,000 72,654 269,654 Funding Sources 2026 2027 2028 2029 2030 Total Future Communications Fund 45,000 60,000 40,000 52,000 72,654 269,654 185,000 Total 45,000 60,000 40,000 52,000 72,654 269,654 Produced Using Plan-It CIP Software Page 15 / 108Page 71 of 182 Environmental Resources - Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Environmental Resources - Equipment Project # E-11 Total Project Cost $136,596 Contact Bob Mach, Fleet Supervisor Cost Type Equipment Type Equipment Department Environmental Resources Funding Description Environmental Resources Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Environmental Resources division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment purchase - mowers 65,000 0 0 0 0 65,000 36,596 Equipment purchase 35,000 0 0 0 0 35,000 Total 100,000 0 0 0 0 100,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Environmental Resources Fund 100,000 0 0 0 0 100,000 36,596 Total 100,000 0 0 0 0 100,000 Produced Using Plan-It CIP Software Page 16 / 108Page 72 of 182 Utilities- Equipment 2026 thru 2030 Project Details Lakeville, MN Project Name Utilities-Equipment Project # E-12 Total Project Cost $2,632,122 Contact Shane Quade, Utilities Superintendent Cost Type Equipment Type Equipment Department Utilities Funding Description Water Operating Fund Description The CIP includes anticipated replacement/addition of various equipment costs for the Utilities division. Expenditures 2026 2027 2028 2029 2030 Total Future Equipment Purchase - vehicle 212,836 64,104 125,052 379,509 324,083 1,105,584 1,072,492 Equipment purchase - heavy equipment 370,660 53,000 0 0 0 423,660 Equipment purchase - supplemental equipment 21,310 0 0 0 0 21,310 Equipment Purchase - Trailer 0 6,956 0 0 0 6,956 Equipment Purchase - attachments 0 2,120 0 0 0 2,120 Total 604,806 126,180 125,052 379,509 324,083 1,559,630 Funding Sources 2026 2027 2028 2029 2030 Total Future Sanitary Sewer Operating Fund 477,078 63,090 62,526 189,755 162,041 954,490 1,072,492 Water Operating Fund 127,728 63,090 62,526 189,754 162,042 605,140 Total 604,806 126,180 125,052 379,509 324,083 1,559,630 Produced Using Plan-It CIP Software Page 17 / 108Page 73 of 182 Fire Station #5 Construction 2026 thru 2030 Project Details Lakeville, MN Project Name Fire Station #5 Construction Project # 25-11 Total Project Cost $25,000,000 Contact Allyn Kuennen, Assistant City Administrator Cost Type Facilities Type New construction Department Fire Station #5 Funding Description Building Fund Description The City has purchased 12 acres adjacent to the water tower along 179th Street West for a fire station and a possible future satellite water treatment facility. This is directly across from the Central Maintenance Facility, 7570 179th Street West. Site planning has started and construction on the fire station could begin as early as 2026. Expenditures 2026 2027 2028 2029 2030 Total Construction 25,000,000 0 0 0 0 25,000,000 Total 25,000,000 0 0 0 0 25,000,000 Funding Sources 2026 2027 2028 2029 2030 Total G.O. Improvement Bonds- Franchise Fees (Facilities)25,000,000 0 0 0 0 25,000,000 Total 25,000,000 0 0 0 0 25,000,000 Produced Using Plan-It CIP Software Page 18 / 108Page 74 of 182 First Center- Construction 2026 thru 2030 Project Details Lakeville, MN Project Name First Center- Construction Project # 25-12 Total Project Cost $25,829,024 Contact Allyn Kuennen, Assistant City Administrator Cost Type Facilities Type Maintenance/Improvement Department FiRST Center Funding Description Building Fund Description A regional public safety training facility does not currently exist for use by public safety personnel in the south metro area and adjacent cities and counties. A regional training facility will help ensure our safety personnel have the highest degree of training possible to serve the public. The Minnesota Legislature has clearly stated that public safety personnel need to be better trained and equipped to respond to the growing demands placed on them. Public safety personnel often use local businesses, schools and vacant facilities as temporary training sites since there is not a permanent site that fits all the training and classroom needs. A permanent, dedicated site within Dakota County, available to all jurisdictions within the south metro and Greater Minnesota area, will improve the ability to consistently and routinely train public safety employees, as well as maintain certifications. Construction of the FiRST (First Responders Skills Training) Center began in early 2025 and will be located at the former public works site within the Airlake Industrial Park at 7777 214th Street West. This 40,000-square-foot facility will include the following features: Physical training area for fire, police and EMS Virtual training area Firing range training area with vehicle access Equipment cleaning and armory area Tactical training room with movable partitions for fire, police and EMS Classroom/meeting space for fire, police and EMS Office space Restrooms/lockers Exterior training spaces The overall cost of the project is 25.8 million. $7.1 million of funding was awarded to this project through the 2023 Minnesota Legislature capital investment (cash funding) bill and an additional $800,000 was awarded in 2024 through Federal Congressionally-Directed Funding. The remaining cost of construction will be funded through general obligation bonds. Construction of the facility is expected to be completed by mid-2026. Operational costs to maintain and operate the facility will be provided through membership fees paid by the various agencies that will be using the facility. Prior Expenditures 2026 2027 2028 2029 2030 Total 19,371,768 Construction 6,457,256 0 0 0 0 6,457,256 Total 6,457,256 0 0 0 0 6,457,256 Prior Funding Sources 2026 2027 2028 2029 2030 Total 19,371,768 G.O. Improvement Bonds- Taxes (Facilities)6,457,256 0 0 0 0 6,457,256 Total 6,457,256 0 0 0 0 6,457,256 Produced Using Plan-It CIP Software Page 19 / 108Page 75 of 182 City Hall Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name City Hall Building Maintenance/Improvements Project # B-01 Total Project Cost $1,572,051 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance Department City Hall Description The CIP includes anticipated maintenance/repair/improvement costs at Lakeville's City Hall building at 20195 Holyoke Ave. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 105,000 Roof replacement 0 0 0 190,000 0 190,000 1,055,000 Carpet 0 135,000 0 0 0 135,000 RTU S3 Replacement 0 0 0 0 70,000 70,000 Window film 0 0 0 17,051 0 17,051 Total 0 135,000 0 207,051 70,000 412,051 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 105,000 Building Fund 0 135,000 0 207,051 70,000 412,051 1,055,000 Total 0 135,000 0 207,051 70,000 412,051 Produced Using Plan-It CIP Software Page 20 / 108Page 76 of 182 CMF Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name CMF Building Maintenance/Improvements Project # B-02 Total Project Cost $22,917,704 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Central Maintenance Facility Funding Description Building Fund Description The CIP includes anticipated maintenance/repair/improvement costs at Lakeville's Central Maintenance Facility building at 7570 179th St. W. It also includes costs to expand the facility in 2027, which will be funded by bonds, to be repaid by tax levy in future years. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 248,000 CMF Expansion 1,000,000 16,250,000 0 0 0 17,250,000 461,000 Roof replacement 0 0 0 3,000,000 0 3,000,000 Parks shop addition 0 500,000 0 0 0 500,000 Cooling Unit Replacement 420,000 0 0 0 0 420,000 Boiler replacement 0 0 300,000 0 0 300,000 Construction Services Office/Lunchroom remodel 0 210,000 0 0 0 210,000 Building wall system 0 0 0 100,000 0 100,000 MAU Replacements 100,000 0 0 0 0 100,000 Truck Garage paint (interior)0 80,000 0 0 0 80,000 Fuel island upgrades 75,000 0 0 0 0 75,000 Fleet shop and back office floor coating 0 60,000 0 0 0 60,000 Building envelope improvements 0 0 0 47,704 0 47,704 Monument sign 0 40,000 0 0 0 40,000 Fire panel 0 20,000 0 0 0 20,000 Conference room heating coil 6,000 0 0 0 0 6,000 Total 1,601,000 17,160,000 300,000 3,147,704 0 22,208,704 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 248,000 G.O. Improvement Bonds- Taxes (Facilities)0 17,960,000 0 0 0 17,960,000 461,000 Building Fund 1,601,000 -800,000 300,000 3,147,704 0 4,248,704 Total 1,601,000 17,160,000 300,000 3,147,704 0 22,208,704 Produced Using Plan-It CIP Software Page 21 / 108Page 77 of 182 Police Station- Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Police Station- Building Maintenance/Improvements Project # B-03 Total Project Cost $4,170,585 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Police Department Funding Description Building Fund Description Anticipated maintenance/repairs/improvements needed on the Police Station building. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 79,700 Workout room expansion 0 0 2,500,000 0 0 2,500,000 1,080,000 Boiler replacement 250,000 0 0 0 0 250,000 High speed garage door replacement 60,000 0 100,000 0 0 160,000 Radiant panels for offices 0 0 0 60,885 0 60,885 Paint-interior 0 0 0 0 25,000 25,000 Mini split unit 15,000 0 0 0 0 15,000 Total 325,000 0 2,600,000 60,885 25,000 3,010,885 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 79,700 Building Fund 325,000 0 2,600,000 60,885 25,000 3,010,885 1,080,000 Total 325,000 0 2,600,000 60,885 25,000 3,010,885 Produced Using Plan-It CIP Software Page 22 / 108Page 78 of 182 Heritage Center- Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Heritage Center- Maintenance/Improvements Project # B-04 Total Project Cost $1,563,460 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Heritage Center Funding Description Building Fund Description The Lakeville Heritage Center is located at 20110 Holyoke Ave and is home to Lakeville Area Active Adults, Lakeville Area Historical Society and Lakeville Yellow Ribbon. The CIP includes estimated costs for maintenance/repairs/improvements at the Heritage Center building. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 734,300 Interior Renovation 450,000 0 0 0 0 450,000 115,000 RTU 7,8,9,11 Replacement 0 0 100,000 0 0 100,000 RTU 2,3,4,6 Replacement 0 0 0 80,000 0 80,000 RTU 1,5 Replacement 0 0 0 0 40,000 40,000 RTU 10 replacement 20,000 0 0 0 0 20,000 Building envelope improvements 0 0 0 16,160 0 16,160 Mini Split Replacement 0 0 8,000 0 0 8,000 Total 470,000 0 108,000 96,160 40,000 714,160 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 734,300 Building Fund 470,000 0 108,000 96,160 40,000 714,160 115,000 Total 470,000 0 108,000 96,160 40,000 714,160 Produced Using Plan-It CIP Software Page 23 / 108Page 79 of 182 Arts Center- Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Arts Center-Maintenance/Improvements Project # B-05 Total Project Cost $1,218,942 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department LAAC - Performing Arts Building Funding Description Building Fund Description The Lakeville Area Arts Center is located at 20965 Holyoke Ave, in historic downtown Lakeville. The Arts Center hosts theater and other events, community classes, and provides rental opportunities. The CIP includes estimated costs for maintenance/repairs/improvements at the Arts Center building. Prior Expenditures 2026 2027 2028 2029 2030 Total 213,942 Condenser Unit #1 replacement 0 520,000 0 0 0 520,000 Theater Seating Refurbishment 0 0 0 150,000 0 150,000 AHU Replacements 0 0 0 0 125,000 125,000 Arts Center Playground- drainage/sidewalks 80,000 0 0 0 0 80,000 Sound system replacement 65,000 0 0 0 0 65,000 Snow melt boiler/pump replacement 25,000 0 0 0 0 25,000 Green room sink and counter 15,000 0 0 0 0 15,000 Stage drape replacement 0 15,000 0 0 0 15,000 Light board replacement 0 10,000 0 0 0 10,000 Total 185,000 545,000 0 150,000 125,000 1,005,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 213,942 Building Fund 185,000 545,000 0 150,000 125,000 1,005,000 Total 185,000 545,000 0 150,000 125,000 1,005,000 Produced Using Plan-It CIP Software Page 24 / 108Page 80 of 182 Fine Arts Building- Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Fine Arts Building-Maintenance/Improvements Project # B-06 Total Project Cost $684,808 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department LAAC - Fine Arts Building Funding Description Building Fund Description The Fine Arts Center is located at 20950 Howland Ave and is a division of the Lakeville Area Arts Center, focused on providing expanded classroom and studio space for fine arts programming. The CIP includes estimated costs for maintenance/repairs/improvements at the Fine Arts Center building. Prior Expenditures 2026 2027 2028 2029 2030 Total 114,808 Roof replacement 0 570,000 0 0 0 570,000 Total 0 570,000 0 0 0 570,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 114,808 Building Fund 0 570,000 0 0 0 570,000 Total 0 570,000 0 0 0 570,000 Produced Using Plan-It CIP Software Page 25 / 108Page 81 of 182 Fire Station #1- Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Fire Station #1-Building Maintenance/Improvements Project # B-07 Total Project Cost $21,066,940 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Fire Station #1 Description Station 1 protects the region south of 195th Street to 220th Street, west to Judicial Road (Scott County), and east to the Farmington border. The CIP includes anticipated maintenance/repairs and improvements to the Fire Station #1 building. Prior Expenditures 2026 2027 2028 2029 2030 Total 275,000 Remodel for full time 0 0 20,000,000 0 0 20,000,000 Roof replacement 0 0 0 175,000 0 175,000 Parking lot mill and overlay 0 0 156,000 0 0 156,000 Building envelope improvements 0 0 0 110,140 0 110,140 Rear Concrete Apron 0 0 95,000 0 0 95,000 Fire sprinkler system installation 0 0 70,000 0 0 70,000 MAU Replacements 0 60,000 0 0 0 60,000 Generator Replacement 0 0 50,000 0 0 50,000 Cooling unit 1, 2 & 3 replacement 0 0 35,000 0 0 35,000 Truck bay floor recoating 0 0 0 0 22,000 22,000 Office and Training Room carpet 0 0 11,000 0 0 11,000 Washer replacement 0 0 7,800 0 0 7,800 Total 0 60,000 20,424,800 285,140 22,000 20,791,940 Prior Funding Sources 2026 2027 2028 2029 2030 Total 275,000 G.O. Improvement Bonds- Franchise Fees (Facilities)0 0 20,000,000 0 0 20,000,000 Building Fund 0 60,000 424,800 285,140 22,000 791,940 Total 0 60,000 20,424,800 285,140 22,000 20,791,940 Produced Using Plan-It CIP Software Page 26 / 108Page 82 of 182 Fire Station #3- Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Fire Station #3-Building Maintenance/Improvements Project # B-09 Total Project Cost $22,210,800 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Fire Station #3 Funding Description Building Fund Description Anticipated maintenance/repairs/improvements needed on the Fire Station #3 building. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 69,000 Remodel for full time 0 20,000,000 0 0 0 20,000,000 12,000 Land acquisition 2,000,000 0 0 0 0 2,000,000 Roof replacement 0 0 0 115,000 0 115,000 Washer replacement 0 0 0 7,800 0 7,800 Carpet 0 0 0 0 7,000 7,000 Total 2,000,000 20,000,000 0 122,800 7,000 22,129,800 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 69,000 G.O. Improvement Bonds- Franchise Fees (Facilities)2,000,000 20,000,000 0 0 0 22,000,000 12,000 Building Fund 0 0 0 122,800 7,000 129,800 Total 2,000,000 20,000,000 0 122,800 7,000 22,129,800 Produced Using Plan-It CIP Software Page 27 / 108Page 83 of 182 Fire Station #4- Building Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Fire Station #4-Building Maintenance/Improvements Project # B-10 Total Project Cost $322,700 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Fire Station #4 Funding Description Building Fund Description Built in 2002, Station 4 is currently Lakeville's newest and most centrally located station. The CIP includes anticipated maintenance/repairs/improvements needed on the Fire Station #4 building. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 48,000 RTU 1,2,4 replacement 0 0 0 95,000 0 95,000 120,000 Carpet 0 30,000 0 0 0 30,000 Building envelope improvements 0 0 0 29,700 0 29,700 Total 0 30,000 0 124,700 0 154,700 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 48,000 Building Fund 0 30,000 0 124,700 0 154,700 120,000 Total 0 30,000 0 124,700 0 154,700 Produced Using Plan-It CIP Software Page 28 / 108Page 84 of 182 Keokuk Liquor Store- Maintenance/Improv 2026 thru 2030 Project Details Lakeville, MN Project Name Keokuk Liquor Store- Maintenance/Improv Project # B-12 Total Project Cost $143,000 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Keokuk Liquor Store Funding Description Liquor Fund Description The CIP includes anticipated maintenance/repairs/improvement costs at the Keokuk Liquor Store building, which is located at 20880 Keokuk Ave. This facility also includes the Emporium Room, which is a multi-purpose, 3,000 square feet room that can be rented for meetings, celebrations or classes. Expenditures 2026 2027 2028 2029 2030 Total Future Strip and wax floor 23,000 0 0 0 0 23,000 120,000 Total 23,000 0 0 0 0 23,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Liquor Fund 23,000 0 0 0 0 23,000 120,000 Total 23,000 0 0 0 0 23,000 Produced Using Plan-It CIP Software Page 29 / 108Page 85 of 182 Heritage Liquor Store- Maintenance/Improv 2026 thru 2030 Project Details Lakeville, MN Project Name Heritage Liquor Store- Maintenance/Improv Project # B-13 Total Project Cost $193,000 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Heritage Liquor Store Funding Description Liquor Fund Description The CIP includes anticipated maintenance/repairs/improvement costs at the Heritage Liquor Store building, which is located at 20164 Heritage Dr. Expenditures 2026 2027 2028 2029 2030 Total Future Flooring Replacement 0 0 65,000 0 0 65,000 90,000 Entrance door replacement 30,000 0 0 0 0 30,000 Paint sales floor & office walls 0 0 0 0 8,000 8,000 Total 30,000 0 65,000 0 8,000 103,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Liquor Fund 30,000 0 65,000 0 8,000 103,000 90,000 Total 30,000 0 65,000 0 8,000 103,000 Produced Using Plan-It CIP Software Page 30 / 108Page 86 of 182 Kenrick Liquor Store- Maintenance/Improv 2026 thru 2030 Project Details Lakeville, MN Project Name Kenrick Liquor Store- Maintenance/Improv Project # B-14 Total Project Cost $217,629 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Kenrick Store Funding Description Liquor Fund Description The CIP includes anticipated maintenance/repairs/improvement costs at the Kenrick Liquor Store building, which is located at 16179 Kenrick Ave. Expenditures 2026 2027 2028 2029 2030 Total Future Cooler mechanicals 40,000 0 0 0 0 40,000 146,000 Building envelope improvements 0 0 0 0 30,290 30,290 Water savings 0 0 0 0 1,339 1,339 Total 40,000 0 0 0 31,629 71,629 Funding Sources 2026 2027 2028 2029 2030 Total Future Liquor Fund 40,000 0 0 0 31,629 71,629 146,000 Total 40,000 0 0 0 31,629 71,629 Produced Using Plan-It CIP Software Page 31 / 108Page 87 of 182 Galaxie Liquor Store- Maintenance/Improv 2026 thru 2030 Project Details Lakeville, MN Project Name Galaxie Liquor Store- Maintenance/Improv Project # B-15 Total Project Cost $491,570 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department Galaxie Store Funding Description Liquor Fund Description The CIP includes anticipated maintenance/repairs/improvement costs at the Galaxie Liquor Store building, which is located at 16000 Galaxie Ave. Expenditures 2026 2027 2028 2029 2030 Total Future Roof replacement 0 0 0 0 275,000 275,000 115,000 Building envelope improvements 0 0 0 0 56,570 56,570 Flooring Replacement 45,000 0 0 0 0 45,000 Total 45,000 0 0 0 331,570 376,570 Funding Sources 2026 2027 2028 2029 2030 Total Future Liquor Fund 45,000 0 0 0 331,570 376,570 115,000 Total 45,000 0 0 0 331,570 376,570 Produced Using Plan-It CIP Software Page 32 / 108Page 88 of 182 Water Treatment Facilty- Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Water Treatment Facilty-Maintenance/Improvements Project # B-16 Total Project Cost $46,359,960 Contact Paul Oehme, Public Works Director Cost Type Facilities Type Maintenance/Improvement Department Utilities Funding Description Water Operating Fund Description Anticipated maintenance/repairs/improvements needed on the existing Water Treatment Facility building. The City of Lakeville’s Water Treatment Plant was originally constructed in 1997 with a capacity of 10 million gallons per day (MGD). It was expanded in 2001 to 20 MGD, and in 2013, following a successful filter pilot study, the plant was re-rated to a capacity of 26 MGD. The City's water need continues to grow and a study is underway to update the 2022 WTP Expansion Study, in order to determine the best way to reach the capacity for full City build out. It will compare the advantages and disadvantages of two key alternatives: Expanding the existing water treatment facility. Constructing a satellite facility on a parcel located north of the Central Maintenance Facility water tower Costs to build a satellite water treatment facility are estimated in 2027, and will be adjusted if needed upon Council direction after the results of the study are determined. Expenditures 2026 2027 2028 2029 2030 Total Future Water Treatment Plant Expansion 4,000,000 40,000,000 0 0 0 44,000,000 60,000 Roof replacement 0 1,500,000 0 0 0 1,500,000 Boiler plant replacement 350,000 0 0 0 0 350,000 AHU Replacements 0 0 0 115,000 0 115,000 Parking lot mill and overlay 0 0 110,000 0 0 110,000 Auto Shutoff for chlorine tanks 75,000 0 0 0 0 75,000 Building envelope improvements 0 0 0 64,960 0 64,960 Filter rooms exhaust fan replacement 0 0 60,000 0 0 60,000 Well #7 roof replacement 25,000 0 0 0 0 25,000 Total 4,450,000 41,500,000 170,000 179,960 0 46,299,960 Funding Sources 2026 2027 2028 2029 2030 Total Future Water Revenue Bonds 0 40,000,000 0 0 0 40,000,000 60,000 Water Operating Fund 450,000 5,500,000 170,000 179,960 0 6,299,960 Water Trunk Fund 4,000,000 -4,000,000 0 0 0 0 Total 4,450,000 41,500,000 170,000 179,960 0 46,299,960 Produced Using Plan-It CIP Software Page 33 / 108Page 89 of 182 FiRST Center Facility Maintenance/Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name FiRST Center Facility Maintenance/Improvements Project # B-17 Total Project Cost $125,000 Contact Tom Breeggemann, Facilities Supervisor Cost Type Facilities Type Maintenance/Improvement Department FiRST Center Funding Description FiRST Center Operating Fund Description Construction of the FiRST Center began in early 2025 and will be located at the former Public Works site within the Airlake Industrial Park at 7777 214th Street West. It is expected to be completed in 2026. Operational costs to maintain and operate the facility will be provided through membership fees paid by the various agencies that will be using the facility. The CIP estimates maintenance/repair/improvements costs at this facility. Expenditures 2026 2027 2028 2029 2030 Total Facility improvements/maintenance 25,000 100,000 0 0 0 125,000 Total 25,000 100,000 0 0 0 125,000 Funding Sources 2026 2027 2028 2029 2030 Total FiRST Center Operating Fund 25,000 100,000 0 0 0 125,000 Total 25,000 100,000 0 0 0 125,000 Produced Using Plan-It CIP Software Page 34 / 108Page 90 of 182 Klamath Trail Retaining Wall 2026 thru 2030 Project Details Lakeville, MN Project Name Klamath Trail Retaining Wall Project # 23-13 Total Project Cost $1,510,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Trail Improvement Fund Description There are two existing modular block retaining walls (totaling over 1,200 feet in length) along the south side of Klamath Trail, west of County State Aid Highway 5, which were constructed in 1999. A Condition Assessment Report was completed by a third party after it was noticed that the modular block walls are showing signs of deterioration. Based on the anticipated life span of these walls and the condition assessment that indicates visible staining, cracking along the face of individual blocks along with other types of deterioration, the replacement of these walls is scheduled to be completed in 2027 with prefabricated modular block walls (PMBW). This is currently planned to be funded by the Trail Improvement fund. Expenditures 2026 2027 2028 2029 2030 Total Retaining Wall Reconstruction 0 1,500,000 0 0 0 1,500,000 Engineering/Design/Other costs 10,000 0 0 0 0 10,000 Total 10,000 1,500,000 0 0 0 1,510,000 Funding Sources 2026 2027 2028 2029 2030 Total Trail Improvement Fund 10,000 1,500,000 0 0 0 1,510,000 Total 10,000 1,500,000 0 0 0 1,510,000 Location Produced Using Plan-It CIP Software Page 35 / 108Page 91 of 182 Grand Prairie Park 2026 thru 2030 Project Details Lakeville, MN Project Name Grand Prairie Park Project # 24-20 Total Project Cost $22,494,255 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type New construction Department Park Bonds Funding Description Park Bonds Fund Description Construction of this park is underway in 2025, with completion anticipated in 2026. This project was approved as part of the 2021 Park Bond Referendum. Lakeville Lions has committed $500,000 toward the Grand Paririe Park splash pad over five years ($100,000/year). Lakeville Baseball Association has committed $1.375 Million toward the project over 10 years ($137,500/year). 2026 funding has been added to construct a freestanding shower building at an estimated $650,000.00 Prior Expenditures 2026 2027 2028 2029 2030 Total 21,544,255 Construction 950,000 0 0 0 0 950,000 Total 950,000 0 0 0 0 950,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 21,544,255 Park Dedication Fund 950,000 0 0 0 0 950,000 Total 950,000 0 0 0 0 950,000 Location Produced Using Plan-It CIP Software Page 36 / 108Page 92 of 182 Produced Using Plan-It CIP Software Page 37 / 108Page 93 of 182 East Community Park Phase II 2026 thru 2030 Project Details Lakeville, MN Project Name East Community Park Phase II Project # 25-20 Total Project Cost $3,125,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Bonds Funding Description Park Bonds Fund Description The 2018 Master Plan for the park identified specific amenities. The park is proposed to be constructed in 2026, which was approved as part of the 2021 Park Bond Referendum. This project also includes the trails/trailhead in East Community Park, which is part of a multi-phased County greenway project designed to provide connectivity City and County trail system. Prior Expenditures 2026 2027 2028 2029 2030 Total 350,000 East Community Park 2,575,000 0 0 0 0 2,575,000 Construction-North Creek Greenway Trails 170,000 0 0 0 0 170,000 Construction-North Creek Greenway Trails (P26-15B- North Creek Trl East Park to 160th)30,000 0 0 0 0 30,000 Total 2,775,000 0 0 0 0 2,775,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 350,000 Park Dedication Fund 1,618,780 0 0 0 0 1,618,780 Dakota County 570,000 0 0 0 0 570,000 Park Bonds Fund 556,220 0 0 0 0 556,220 Trail Improvement Fund 30,000 0 0 0 0 30,000 Total 2,775,000 0 0 0 0 2,775,000 Location Produced Using Plan-It CIP Software Page 38 / 108Page 94 of 182 Parks Major Maintenance - General 2026 thru 2030 Project Details Lakeville, MN Project Name Parks Major Maintenance - General Project # P-01 Total Project Cost $214,956 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description Includes general park amenities like benches, grills, tables and improvements completed through our Eagle Scout Program. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 18,206 Park Amenities – Benches, Grills, Tables, etc.10,000 10,000 11,000 11,000 11,000 53,000 101,250 Eagle Scout Project Materials 8,250 8,500 8,500 8,500 8,750 42,500 Total 18,250 18,500 19,500 19,500 19,750 95,500 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 18,206 Park Improvement Fund 18,250 18,500 19,500 19,500 19,750 95,500 101,250 Total 18,250 18,500 19,500 19,500 19,750 95,500 Produced Using Plan-It CIP Software Page 39 / 108Page 95 of 182 Park Development - Adminstrative Projects 2026 thru 2030 Project Details Lakeville, MN Project Name Park Development - Adminstrative Projects Project # P-02 Total Project Cost $270,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Funding Description Park Dedication Fund Description The Park Dedication Fund budget provides appropriations for many activities including planning, design and feasibility reports for park projects. On an annual basis those project include engineering and design work for a wide variety of park projects, including rinks, playgrounds and future parks. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 55,000 Engineering/Design/Other costs 20,000 20,000 20,000 20,000 20,000 100,000 100,000 Buildings/Shelters/Grounds 15,000 0 0 0 0 15,000 Total 35,000 20,000 20,000 20,000 20,000 115,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 55,000 Park Dedication Fund 35,000 20,000 20,000 20,000 20,000 115,000 100,000 Total 35,000 20,000 20,000 20,000 20,000 115,000 Produced Using Plan-It CIP Software Page 40 / 108Page 96 of 182 Park Development - Developer Credits 2026 thru 2030 Project Details Lakeville, MN Project Name Park Development - Developer Credits Project # P-03 Total Project Cost $4,785,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type Other Department Park Dedication Funding Description Park Dedication Fund Description Represents credits associated with new development when the park dedication requirement is fulfilled through a land dedication. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 435,000 Developer-Credits 435,000 435,000 435,000 435,000 435,000 2,175,000 2,175,000 Total 435,000 435,000 435,000 435,000 435,000 2,175,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 435,000 Park Dedication Fund 435,000 435,000 435,000 435,000 435,000 2,175,000 2,175,000 Total 435,000 435,000 435,000 435,000 435,000 2,175,000 Produced Using Plan-It CIP Software Page 41 / 108Page 97 of 182 Future Park Land Acquisition 2026 thru 2030 Project Details Lakeville, MN Project Name Future Park Land Acquisition Project # P-04 Total Project Cost $2,200,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type Other Department Park Dedication Funding Description Park Dedication Fund Description Represents potential costs of land acquisition where needed to fulfill future plans for parks in the City based on the 2026-2036 Parks System Master Plan. Expenditures 2026 2027 2028 2029 2030 Total Future Land acquisition for parks/trails use 0 0 100,000 100,000 100,000 300,000 1,900,000 Total 0 0 100,000 100,000 100,000 300,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Park Dedication Fund 0 0 100,000 100,000 100,000 300,000 1,900,000 Total 0 0 100,000 100,000 100,000 300,000 Produced Using Plan-It CIP Software Page 42 / 108Page 98 of 182 Trail Improvements (Various Trails) 2026 thru 2030 Project Details Lakeville, MN Project Name Trail Improvements (Various Trails) Project # P-05 Total Project Cost $7,900,500 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Reconstruction/Maintenance Department Park Maintenance Funding Description Trail Improvement Fund Description The City retained a third party in 2022 to evaluate the condition of all trail segments in our community and plans are to do this again in 2025. Based on the evaluation results staff will refine the current plan for either overlaying or reclaiming City trail segments, along with crack filling and fog sealing of trails. Maintenance of sidewalks and trails along Dakota County roadways is provided in accordance with the current County and City Maintenance Agreement for County Bikeway Trails. In 2021, the Dakota County Board of Commissioners approved the following regarding trails and sidewalks along Dakota County roadways: Multi-Use Trails and Sidewalk Maintenance Dakota County will participate in pavement preservation, overlay, or reconstruction of trails and sidewalks along the County highway system up to 100 percent. The City is responsible for snow and ice removal. To be eligible for County participation in trails and sidewalks, a system-wide maintenance agreement between the County and local agency will be required to identify system-wide trail and sidewalk roles and cost responsibilities. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 602,500 Construction- Trail Rehabilitation/Reconstruction 810,000 450,000 500,000 525,000 525,000 2,810,000 3,750,000 Crack Seal 80,000 80,000 85,000 85,000 85,000 415,000 Construction- New trails 0 0 100,000 100,000 100,000 300,000 Trail inspection and rating 0 0 23,000 0 0 23,000 Total 890,000 530,000 708,000 710,000 710,000 3,548,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 602,500 Trail Improvement Fund 890,000 530,000 608,000 610,000 610,000 3,248,000 3,750,000 Park Dedication Fund 0 0 100,000 100,000 100,000 300,000 Total 890,000 530,000 708,000 710,000 710,000 3,548,000 Produced Using Plan-It CIP Software Page 43 / 108Page 99 of 182 Park Improvements (Various Parks) 2026 thru 2030 Project Details Lakeville, MN Project Name Park Improvements (Various Parks) Project # P-06 Total Project Cost $2,379,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description The Park Improvement Fund provides funding for replacement and upgrades to shelters and buildings, improvements to hockey rinks, basketball, pickleball, tennis courts and other park amenities. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 130,000 Miracle Field surface replacement/repairs 0 300,000 0 0 0 300,000 860,000 Dodd Trail Pickleball reconstruction 0 225,000 0 0 0 225,000 Highview rink reconstruction 155,000 0 0 0 0 155,000 Meadows Rink reconstruction 0 0 0 135,000 0 135,000 McGuire-Rink reconstruction 0 110,000 0 0 0 110,000 Parkview Rink reconstruction 0 0 0 0 105,000 105,000 Rolling Oaks rink reconstruction 0 0 105,000 0 0 105,000 Dodd Trail BB Reconstruction-concrete 0 52,000 0 0 0 52,000 Prairie Lake BB reconstruction-concrete 0 0 52,000 0 0 52,000 Cherryview BB Reconstruction- concrete 50,000 0 0 0 0 50,000 Meadows BB court reconstruction-concrete 50,000 0 0 0 0 50,000 Ballfield dugout roof support 7,000 7,000 7,000 7,000 7,000 35,000 Pioneer Plaza water fountain repairs/upgrade 15,000 0 0 0 0 15,000 Total 277,000 694,000 164,000 142,000 112,000 1,389,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 130,000 Park Improvement Fund 277,000 544,000 164,000 142,000 112,000 1,239,000 860,000 Lakeville Baseball Association 0 150,000 0 0 0 150,000 Total 277,000 694,000 164,000 142,000 112,000 1,389,000 Produced Using Plan-It CIP Software Page 44 / 108Page 100 of 182 Playground Replacement 2026 thru 2030 Project Details Lakeville, MN Project Name Playground Replacement Project # P-08 Total Project Cost $3,523,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Reconstruction/Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description The Park Improvement Fund provides funding for replacement and upgrades to playgrounds. The Arts Center playground funding includes a $60,000 donation from QA-1. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 226,000 Aronson Park 0 0 300,000 0 0 300,000 1,173,000 Arts Center playground 145,000 0 0 0 0 145,000 Valley Lake Park 130,000 0 0 0 0 130,000 Bassett Park 0 0 0 0 127,000 127,000 Kenreel Park 0 0 0 0 127,000 127,000 Spyglass Park 0 0 0 0 127,000 127,000 Jaycee Park 0 0 0 124,000 0 124,000 Lakeridge Park 0 0 0 124,000 0 124,000 Rolling Oaks Park 0 0 0 124,000 0 124,000 Fairfield Park 0 0 121,500 0 0 121,500 Lynwood Heights Park 0 0 121,500 0 0 121,500 Dakota Heights 120,000 0 0 0 0 120,000 Prairie Lake Park 0 120,000 0 0 0 120,000 Village Creek Park 0 120,000 0 0 0 120,000 Brackett's Crossing Park 118,000 0 0 0 0 118,000 Orchard Lake Beach 0 75,000 0 0 0 75,000 Total 513,000 315,000 543,000 372,000 381,000 2,124,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 226,000 Park Improvement Fund 453,000 315,000 543,000 372,000 381,000 2,064,000 1,173,000 Donations 60,000 0 0 0 0 60,000 Total 513,000 315,000 543,000 372,000 381,000 2,124,000 Produced Using Plan-It CIP Software Page 45 / 108Page 101 of 182 Park parking lot improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Park parking lot improvements Project # P-09 Total Project Cost $898,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Reconstruction/Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description The Park Improvement Fund provides funding for replacement and rehabilitation of parking lots used to access City parks. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 90,000 Orchard Lake Park 0 210,000 0 0 0 210,000 310,000 Bunker Hill 75,000 0 0 0 0 75,000 Greenridge Park 0 0 68,000 0 0 68,000 Prairie Lake Park 0 0 0 55,000 0 55,000 Cedar Highlands 0 0 0 0 45,000 45,000 Highview Heights 0 0 45,000 0 0 45,000 Total 75,000 210,000 113,000 55,000 45,000 498,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 90,000 Park Improvement Fund 75,000 210,000 113,000 55,000 45,000 498,000 310,000 Total 75,000 210,000 113,000 55,000 45,000 498,000 Produced Using Plan-It CIP Software Page 46 / 108Page 102 of 182 Keokuk Avenue/172nd St. Park 2026 thru 2030 Project Details Lakeville, MN Project Name Keokuk Avenue/172nd St. Park Project # P-11 Total Project Cost $835,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Funding Description Park Dedication Fund Description The Parks, Trails and Open Space Plan calls for a neighborhood park in the area which is proposed to be constructed in 2030. Planning/design costs are included in 2029. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 0 750,000 750,000 Planning/Design 0 0 0 65,000 20,000 85,000 Total 0 0 0 65,000 770,000 835,000 Funding Sources 2026 2027 2028 2029 2030 Total Park Dedication Fund 0 0 0 65,000 770,000 835,000 Total 0 0 0 65,000 770,000 835,000 Location Produced Using Plan-It CIP Software Page 47 / 108Page 103 of 182 Grand Prairie Skatepark 2026 thru 2030 Project Details Lakeville, MN Project Name Grand Prairie Skatepark Project # P-12 Total Project Cost $650,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type New construction Department Park Dedication Description Planning/design costs are included in 2028 with construction planned for 2029. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 600,000 0 600,000 Planning/Design 0 0 50,000 0 0 50,000 Total 0 0 50,000 600,000 0 650,000 Funding Sources 2026 2027 2028 2029 2030 Total Park Dedication Fund 0 0 50,000 600,000 0 650,000 Total 0 0 50,000 600,000 0 650,000 Location Produced Using Plan-It CIP Software Page 48 / 108Page 104 of 182 Ritter Meadows Park 2026 thru 2030 Project Details Lakeville, MN Project Name Ritter Meadows Park Project # P-13 Total Project Cost $828,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Funding Description Park Dedication Fund Description The Parks, Trails and Open Space Plan calls for a neighborhood park in the area which is proposed to be constructed in 2029. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 750,000 0 750,000 Planning/Design 0 0 58,000 20,000 0 78,000 Total 0 0 58,000 770,000 0 828,000 Funding Sources 2026 2027 2028 2029 2030 Total Park Dedication Fund 0 0 58,000 770,000 0 828,000 Total 0 0 58,000 770,000 0 828,000 Location Produced Using Plan-It CIP Software Page 49 / 108Page 105 of 182 Voyageur Park 2026 thru 2030 Project Details Lakeville, MN Project Name Voyageur Park Project # P-14 Total Project Cost $755,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Funding Description Park Dedication Fund Description The Parks, Trails, and Open Space Plan calls for a neighborhood park East of Cedar Avenue and south of 181st Street serving the future development in this area. The park will be approximately 2 acres in size and is proposed to be constructed in 2027. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 700,000 0 0 0 700,000 Planning/Design 35,000 20,000 0 0 0 55,000 Total 35,000 720,000 0 0 0 755,000 Funding Sources 2026 2027 2028 2029 2030 Total Park Dedication Fund 35,000 720,000 0 0 0 755,000 Total 35,000 720,000 0 0 0 755,000 Location Produced Using Plan-It CIP Software Page 50 / 108Page 106 of 182 Parks Major Maintenance - Open Space 2026 thru 2030 Project Details Lakeville, MN Project Name Parks Major Maintenance - Open Space Project # P-15 Total Project Cost $316,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description Includes parking lot and trail maintenance work such as crack sealing and paint striping. Funds also include ongoing maintenance and improvements at the West Lake Marion Bike Course. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 40,000 Pavement Maintenance Parking Lots & Trails 18,000 18,000 18,000 18,000 19,000 91,000 140,000 West Lake Marion Mountain Bike Contract Maintenance 9,000 9,000 9,000 9,000 9,000 45,000 Total 27,000 27,000 27,000 27,000 28,000 136,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 40,000 Park Improvement Fund 27,000 27,000 27,000 27,000 28,000 136,000 140,000 Total 27,000 27,000 27,000 27,000 28,000 136,000 Produced Using Plan-It CIP Software Page 51 / 108Page 107 of 182 Parks Major Maintenance - Fields 2026 thru 2030 Project Details Lakeville, MN Project Name Parks Major Maintenance - Fields Project # P-16 Total Project Cost $314,546 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description Includes field maintenance and improvements throughout the parks system. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 86,046 Field improvements/Maintenance 6,500 12,000 12,000 12,000 12,000 54,500 70,000 Aronson – replace backstop field 3 0 0 0 27,000 0 27,000 Aronson – replace backstop field 4 0 0 27,000 0 0 27,000 Aronson – replace backstop field 1 25,000 0 0 0 0 25,000 Aronson – replace backstop field 2 0 25,000 0 0 0 25,000 Total 31,500 37,000 39,000 39,000 12,000 158,500 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 86,046 Park Improvement Fund 31,500 37,000 39,000 39,000 12,000 158,500 70,000 Total 31,500 37,000 39,000 39,000 12,000 158,500 Produced Using Plan-It CIP Software Page 52 / 108Page 108 of 182 Parks Major Maintenance - Bldgs/Shelters/Grounds 2026 thru 2030 Project Details Lakeville, MN Project Name Parks Major Maintenance - Bldgs/Shelters/Grounds Project # P-17 Total Project Cost $435,003 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance/Improvement Department Park Maintenance Funding Description Park Improvement Fund Description Includes general maintenance projects, maintenance of buildings, park shelters and grounds (examples- re-shingle park shelters, replace signs, repair fencing, replace rubber floors, etc.). Prior Expenditures 2026 2027 2028 2029 2030 Total Future 14,353 Projects TBD - Major Maintenance Bldgs/Shelters/Grounds 0 0 0 500 24,850 25,350 335,300 Fence Repairs 20,000 0 0 0 0 20,000 LED Light Installation 18,000 0 0 0 0 18,000 Wayside Park Fence Replacement 15,000 0 0 0 0 15,000 Georgetown Court Fence Replacement 7,000 0 0 0 0 7,000 Total 60,000 0 0 500 24,850 85,350 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 14,353 Park Improvement Fund 60,000 0 0 500 24,850 85,350 335,300 Total 60,000 0 0 500 24,850 85,350 Produced Using Plan-It CIP Software Page 53 / 108Page 109 of 182 Other Projects 2026 thru 2030 Project Details Lakeville, MN Project Name Other Projects Project # P-19 Total Project Cost $3,245,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Department Park Dedication Funding Description Park Dedication Fund Description This category is intended to include smaller park projects such as adding artwork in the parks, tree planting, security cameras at park facilities, Pickleball courts in the south side of the City based on the 2026-2036 Parks System Master Plan, and the completion of an ADA Transition Plan. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 70,000 Other amenities to be determined 0 0 300,000 300,000 300,000 900,000 1,600,000 ADA Transition Plan 0 0 275,000 0 0 275,000 Aronson Park – Field 9 improvements 125,000 0 0 0 0 125,000 King Park spectator protection and safety fencing 120,000 0 0 0 0 120,000 Tree Planting 15,000 15,000 15,000 15,000 15,000 75,000 Art in the Park 10,000 10,000 10,000 10,000 10,000 50,000 Security cameras- various park facilities 30,000 0 0 0 0 30,000 Total 300,000 25,000 600,000 325,000 325,000 1,575,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 70,000 Park Dedication Fund 300,000 25,000 600,000 325,000 325,000 1,575,000 1,600,000 Total 300,000 25,000 600,000 325,000 325,000 1,575,000 Produced Using Plan-It CIP Software Page 54 / 108Page 110 of 182 Parks Major Maintenance - Courts 2026 thru 2030 Project Details Lakeville, MN Project Name Parks Major Maintenance - Courts Project # P-20 Total Project Cost $368,345 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Park Improvement Fund Description Includes funding to resurface and restripe basketball, pickleball, and tennis courts. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 13,845 Bunker Hill 0 30,000 0 0 0 30,000 232,100 Pinnacle Reserve Park 0 0 0 0 22,200 22,200 Cedar Crossing Park 0 0 12,000 0 0 12,000 Jaycee Park 0 0 10,000 0 0 10,000 Chadwick Park 0 0 0 0 9,000 9,000 Fieldstone Park 0 0 0 0 9,000 9,000 Kensington Park 0 0 0 0 9,000 9,000 Village Creek Park 7,000 0 0 0 0 7,000 North Creek Park 0 0 0 0 2,200 2,200 Bassett Park 0 0 0 2,000 0 2,000 Foxborough Park 0 0 0 2,000 0 2,000 Greenridge Park 0 0 0 2,000 0 2,000 Highview Heights 0 0 0 2,000 0 2,000 Hypointe Crossing Park 0 0 0 2,000 0 2,000 Rolling Oaks Park 0 0 0 2,000 0 2,000 Total 7,000 30,000 22,000 12,000 51,400 122,400 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 13,845 Park Improvement Fund 7,000 30,000 22,000 12,000 51,400 122,400 232,100 Total 7,000 30,000 22,000 12,000 51,400 122,400 Produced Using Plan-It CIP Software Page 55 / 108Page 111 of 182 Kenrick Trail Sheet Pile, Wall, & Trail Repairs 2026 thru 2030 Project Details Lakeville, MN Project Name Kenrick Trail Sheet Pile, Wall, & Trail Repairs Project # P-21 Total Project Cost $275,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Maintenance Department Park Maintenance Funding Description Trail Improvement Fund Description The I-35 fishing bridge access sidewalk is failing from water levels behind the current retaining wall. Staff have worked with WSB consulting to complete testing of the area and have determined a new sheet pile retaining wall will be required to support the concrete sidewalk. The project will result in a safe, ADA compliant access to the fishing pier. Expenditures 2026 2027 2028 2029 2030 Total Trail repairs 275,000 0 0 0 0 275,000 Total 275,000 0 0 0 0 275,000 Funding Sources 2026 2027 2028 2029 2030 Total Trail Improvement Fund 275,000 0 0 0 0 275,000 Total 275,000 0 0 0 0 275,000 Location Produced Using Plan-It CIP Software Page 56 / 108Page 112 of 182 192nd St Retaining Wall & Trail Reconstruction 2026 thru 2030 Project Details Lakeville, MN Project Name 192nd St Retaining Wall & Trail Reconstruction Project # P-22 Total Project Cost $55,000 Contact Mark Kruse, Parks Superintendent Cost Type Parks Type Reconstruction/Maintenance Department Park Maintenance Funding Description Trail Improvement Fund Description The small block retaining wall located on 192nd Street is failing. The retaining wall maintains the elevation difference between the trail and roadway and a private residence backyard. The project includes replacement of the retaining wall to ensure the private property is not impacted and related trail replacement along the retaining wall. Expenditures 2026 2027 2028 2029 2030 Total Trail costs (rehabilitation/reconstruction)55,000 0 0 0 0 55,000 Total 55,000 0 0 0 0 55,000 Funding Sources 2026 2027 2028 2029 2030 Total Trail Improvement Fund 55,000 0 0 0 0 55,000 Total 55,000 0 0 0 0 55,000 Location Produced Using Plan-It CIP Software Page 57 / 108Page 113 of 182 Parks System Master Plan 2026 thru 2030 Project Details Lakeville, MN Project Name Parks System Master Plan Project # P-23 Total Project Cost $156,800 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type Other Department Park Dedication Funding Description Park Dedication Fund Description The 2026-2036 Parks System Master Plan will serve as a long-term strategic document that guides the growth, development and enhancement of the parks and recreation system within the City of Lakeville. The goal of the plan is to ensure that the parks system is efficient, sustainable, inclusive and responsive to the needs of the community, with a focus on improving the quality of life, recreational opportunities and environmental stewardship. Prior Expenditures 2026 2027 2028 2029 2030 Total 65,500 Planning/Design 91,300 0 0 0 0 91,300 Total 91,300 0 0 0 0 91,300 Prior Funding Sources 2026 2027 2028 2029 2030 Total 65,500 Park Dedication Fund 91,300 0 0 0 0 91,300 Total 91,300 0 0 0 0 91,300 Produced Using Plan-It CIP Software Page 58 / 108Page 114 of 182 Parks - New Parking Lots & Expansions 2026 thru 2030 Project Details Lakeville, MN Project Name Parks - New Parking Lots & Expansions Project # P-24 Total Project Cost $300,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Funding Description Park Dedication Fund Description Parking lot projects at Capserson park includes paving the existing gravel lot used for soccer decks, the mountain bike course and overflow parking for the performance stage. By paving this lot, we anticipate increasing capacity by at least 20%. Expenditures 2026 2027 2028 2029 2030 Total Casperson Park 300,000 0 0 0 0 300,000 Total 300,000 0 0 0 0 300,000 Funding Sources 2026 2027 2028 2029 2030 Total Park Dedication Fund 300,000 0 0 0 0 300,000 Total 300,000 0 0 0 0 300,000 Location Produced Using Plan-It CIP Software Page 59 / 108Page 115 of 182 S.W. Corner of 210th Street & I- 35 2026 thru 2030 Project Details Lakeville, MN Project Name S.W. Corner of 210th Street & I-35 Project # P-25 Total Project Cost $1,000,000 Contact Joseph Masiarchin, Parks Director Cost Type Parks Type New construction Department Park Dedication Description The existing Parks, Trails and Open Spaces plan calls for a future neighborhood park in the area of 210th street and I-35. Expenditures 2026 2027 2028 2029 2030 Total Future Planning/Design 0 0 0 0 75,000 75,000 925,000 Total 0 0 0 0 75,000 75,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Park Dedication Fund 0 0 0 0 75,000 75,000 925,000 Total 0 0 0 0 75,000 75,000 Location Produced Using Plan-It CIP Software Page 60 / 108Page 116 of 182 Technology - General Government 2026 thru 2030 Project Details Lakeville, MN Project Name Technology - General Government Project # T-01 Total Project Cost $238,586 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 18,109 42,709 8,592 11,613 36,783 117,806 120,780 Total 18,109 42,709 8,592 11,613 36,783 117,806 Funding Sources 2026 2027 2028 2029 2030 Total Future Technology Fund 18,109 42,709 8,592 11,613 36,783 117,806 120,780 Total 18,109 42,709 8,592 11,613 36,783 117,806 Produced Using Plan-It CIP Software Page 61 / 108Page 117 of 182 Technology- Public Safety 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Public Safety Project # T-02 Total Project Cost $1,188,724 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 167,489 71,335 123,022 199,705 41,561 603,112 585,612 Total 167,489 71,335 123,022 199,705 41,561 603,112 Funding Sources 2026 2027 2028 2029 2030 Total Future Technology Fund 167,489 71,335 123,022 199,705 41,561 603,112 585,612 Total 167,489 71,335 123,022 199,705 41,561 603,112 Produced Using Plan-It CIP Software Page 62 / 108Page 118 of 182 Technology- Public Works 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Public Works Project # T-03 Total Project Cost $143,709 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 24,044 8,451 6,084 20,109 13,579 72,267 71,442 Total 24,044 8,451 6,084 20,109 13,579 72,267 Funding Sources 2026 2027 2028 2029 2030 Total Future Technology Fund 24,044 8,451 6,084 20,109 13,579 72,267 71,442 Total 24,044 8,451 6,084 20,109 13,579 72,267 Produced Using Plan-It CIP Software Page 63 / 108Page 119 of 182 Technology- Arenas 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Arenas Project # T-04 Total Project Cost $22,829 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for Lakeville Arenas. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 3,142 3,303 1,739 1,457 2,075 11,716 11,113 Total 3,142 3,303 1,739 1,457 2,075 11,716 Funding Sources 2026 2027 2028 2029 2030 Total Future Arenas 3,142 3,303 1,739 1,457 2,075 11,716 11,113 Total 3,142 3,303 1,739 1,457 2,075 11,716 Produced Using Plan-It CIP Software Page 64 / 108Page 120 of 182 Technology- Communications 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Communications Project # T-05 Total Project Cost $19,420 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 2,597 2,513 0 0 848 5,958 13,462 Total 2,597 2,513 0 0 848 5,958 Funding Sources 2026 2027 2028 2029 2030 Total Future Communications Fund 2,597 2,513 0 0 848 5,958 13,462 Total 2,597 2,513 0 0 848 5,958 Produced Using Plan-It CIP Software Page 65 / 108Page 121 of 182 Technology- Liquor 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Liquor Project # T-06 Total Project Cost $376,211 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - IT infrastructure 51,500 53,045 54,636 0 0 159,181 123,673 Technology - computers/hardware acquisitions 7,045 68,636 570 0 17,106 93,357 Total 58,545 121,681 55,206 0 17,106 252,538 Funding Sources 2026 2027 2028 2029 2030 Total Future Liquor Fund 58,545 121,681 55,206 0 17,106 252,538 123,673 Total 58,545 121,681 55,206 0 17,106 252,538 Produced Using Plan-It CIP Software Page 66 / 108Page 122 of 182 Technology- Environmental Resources 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Environmental Resources Project # T-07 Total Project Cost $19,973 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 0 4,010 4,383 0 848 9,241 10,732 Total 0 4,010 4,383 0 848 9,241 Funding Sources 2026 2027 2028 2029 2030 Total Future Environmental Resources Fund 0 4,010 4,383 0 848 9,241 10,732 Total 0 4,010 4,383 0 848 9,241 Produced Using Plan-It CIP Software Page 67 / 108Page 123 of 182 Technology- Utilities 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Utilities Project # T-08 Total Project Cost $66,116 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Description The Technology Fund accounts for the accumulation and disbursement of funds for the purchase of technology equipment for the City. Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 1,449 8,244 7,534 1,900 1,257 20,384 38,269 Technology - IT infrastructure 7,463 0 0 0 0 7,463 Total 8,912 8,244 7,534 1,900 1,257 27,847 Funding Sources 2026 2027 2028 2029 2030 Total Future Sanitary Sewer Operating Fund 4,456 4,122 3,767 950 629 13,924 38,269 Water Operating Fund 4,456 4,122 3,767 950 628 13,923 Total 8,912 8,244 7,534 1,900 1,257 27,847 Produced Using Plan-It CIP Software Page 68 / 108Page 124 of 182 Technology- Parks & recreation 2026 thru 2030 Project Details Lakeville, MN Project Name Technology- Parks & recreation Project # T-09 Total Project Cost $113,064 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Expenditures 2026 2027 2028 2029 2030 Total Future Technology - computers/hardware acquisitions 12,915 7,169 19,558 10,210 5,120 54,972 58,092 Total 12,915 7,169 19,558 10,210 5,120 54,972 Funding Sources 2026 2027 2028 2029 2030 Total Future Technology Fund 12,915 7,169 19,558 10,210 5,120 54,972 58,092 Total 12,915 7,169 19,558 10,210 5,120 54,972 Produced Using Plan-It CIP Software Page 69 / 108Page 125 of 182 Technology- Network infrastructure 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Network infrastructure Project # T-10 Total Project Cost $2,648,110 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Expenditures 2026 2027 2028 2029 2030 Total Future Technology - IT infrastructure 63,760 217,067 511,786 0 186,142 978,755 1,669,355 Total 63,760 217,067 511,786 0 186,142 978,755 Funding Sources 2026 2027 2028 2029 2030 Total Future Technology Fund 45,497 130,067 373,786 0 137,142 686,492 1,669,355 Liquor Fund 9,795 47,000 74,000 0 26,000 156,795 Water Operating Fund 3,044 14,500 23,000 0 8,000 48,544 Sanitary Sewer Operating Fund 3,043 14,500 23,000 0 8,000 48,543 Communications Fund 1,311 6,000 10,000 0 4,000 21,311 Environmental Resources Fund 1,070 5,000 8,000 0 3,000 17,070 Total 63,760 217,067 511,786 0 186,142 978,755 Produced Using Plan-It CIP Software Page 70 / 108Page 126 of 182 Technology- Miscellaneous 2026 thru 2030 Project Details Lakeville, MN Project Name Technology-Miscellaneous Project # T-11 Total Project Cost $126,657 Contact Trevor Stewart, IT Manager Cost Type Technology Type Technology Expenditures 2026 2027 2028 2029 2030 Total Technology - IT other 5,150 116,043 5,464 0 0 126,657 Total 5,150 116,043 5,464 0 0 126,657 Funding Sources 2026 2027 2028 2029 2030 Total Technology Fund 5,150 116,043 5,464 0 0 126,657 Total 5,150 116,043 5,464 0 0 126,657 Produced Using Plan-It CIP Software Page 71 / 108Page 127 of 182 Freight Rail Car Storage Facility 2026 thru 2030 Project Details Lakeville, MN Project Name Freight Rail Car Storage Facility Project # 22-16 Total Project Cost $7,900,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Other Department Engineering Funding Description Improvement Construction Description Programmed for 2026 construction. The City was awarded $750,000 in Federal Funding (Fiscal Year 2023) for engineering design and $7,000,000 in State Funding for construction. Project includes construction of a 90-car storage yard, and a 30-car transload facility within the City’s industrial parks, south of CSAH 70. Prior Expenditures 2026 2027 2028 2029 2030 Total 150,000 Construction 7,750,000 0 0 0 0 7,750,000 Total 7,750,000 0 0 0 0 7,750,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 150,000 Other funding- State 7,000,000 0 0 0 0 7,000,000 Other funding- Federal 750,000 0 0 0 0 750,000 Total 7,750,000 0 0 0 0 7,750,000 Produced Using Plan-It CIP Software Page 72 / 108Page 128 of 182 Future CSAH 9 and Bridge at North Creek 2026 thru 2030 Project Details Lakeville, MN Project Name Future CSAH 9 and Bridge at North Creek Project # 24-05 Total Project Cost $13,395,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Bridge Department Engineering Funding Description Municipal State Aid County Project #97-215 SA/SAP #TBD Description Construction of future County Highway 9 to provide future connectivity between CSAH 31 (Pilot Knob Road) and MN 3. Project includes a 2-lane divided highway bridge spanning North Creek with trails along both sides. Future jurisdictional transfer. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 0 10,150,000 10,150,000 Construction- Stormwater infrastructure (new)0 0 0 0 2,310,000 2,310,000 Construction- Water infrastructure (new)0 0 0 0 935,000 935,000 Total 0 0 0 0 13,395,000 13,395,000 Funding Sources 2026 2027 2028 2029 2030 Total Dakota County 0 0 0 0 6,850,000 6,850,000 Municipal State Aid 0 0 0 0 3,300,000 3,300,000 Stormwater Infrastructure Fund 0 0 0 0 2,310,000 2,310,000 Water Trunk Fund 0 0 0 0 935,000 935,000 Total 0 0 0 0 13,395,000 13,395,000 Produced Using Plan-It CIP Software Page 73 / 108Page 129 of 182 Holyoke/Highview Avenue Reconstruction 2026 thru 2030 Project Details Lakeville, MN Project Name Holyoke/Highview Avenue Reconstruction Project # 25-05 Total Project Cost $10,115,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Rehabilitation Department Engineering Funding Description Municipal State Aid Description ​​​​​​Phase I: Heritage Drive to South of 190th Street Phase II: South of 190th Street to Dodd Boulevard/CSAH 9 Phase I programmed for 2027 construction. Project includes road rehabilitation and modernization, intersection improvements and a pedestrian underpass. Phase II programmed for 2030 construction. Project includes road rehabilitation and modernization and intersection improvements and a pedestrian underpass. Expenditures 2026 2027 2028 2029 2030 Total Construction 1,955,000 4,200,000 0 1,255,000 0 7,410,000 Construction- New trails 0 1,200,000 0 0 0 1,200,000 Construction- Stormwater infrastructure (new)0 1,035,000 0 0 0 1,035,000 Trail costs (rehabilitation/reconstruction)0 200,000 0 0 0 200,000 Construction- Sanitary Sewer infrastructure (repair/replace)0 145,000 0 0 0 145,000 Construction- Water infrastructure (repair/replace)0 75,000 0 0 0 75,000 Streetlight costs 0 50,000 0 0 0 50,000 Total 1,955,000 6,905,000 0 1,255,000 0 10,115,000 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 1,955,000 3,192,400 0 1,255,000 0 6,402,400 Park Dedication Fund 0 1,200,000 0 0 0 1,200,000 Stormwater Infrastructure Fund 0 1,035,000 0 0 0 1,035,000 Escrows 0 657,600 0 0 0 657,600 MSA/MSA Bonds - Sp. Assess.0 350,000 0 0 0 350,000 Trail Improvement Fund 0 200,000 0 0 0 200,000 Sanitary Sewer Operating Fund 0 145,000 0 0 0 145,000 Water Operating Fund 0 75,000 0 0 0 75,000 Streetlight Operating Fund 0 50,000 0 0 0 50,000 Total 1,955,000 6,905,000 0 1,255,000 0 10,115,000 Produced Using Plan-It CIP Software Page 74 / 108Page 130 of 182 CSAH 9 Extension (to CSAH Standards) 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 9 Extension (to CSAH Standards) Project # 25-19 Total Project Cost $1,000,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Extension Department Engineering Funding Description Improvement Construction County Project #97-231 SA/SAP #N/A JPA #TBD Description Future CSAH 9 from a) Embers Avenue to Ellsworth Drive, and b) Eagleview Drive to Draft Horse Boulevard. The roadway improvements will be constructed with developer-installed public improvements with the Pheasant Run of Lakeville Eighth Addition and Brookeshire 4th Additions, respectively, to County State Aid Highway standards. The alignment is consistent with Alignment B (between Highview Avenue and MN-3), as identified in the East/West Corridor Preservation Study Phase 2 - Refinement of Preferred System Plan (2006) Prior Expenditures 2026 2027 2028 2029 2030 Total 500,000 Construction 500,000 0 0 0 0 500,000 Total 500,000 0 0 0 0 500,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 500,000 Dakota County 500,000 0 0 0 0 500,000 Total 500,000 0 0 0 0 500,000 Produced Using Plan-It CIP Software Page 75 / 108Page 131 of 182 CSAH 9 Modernization (210th St - CSAH 50) 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 9 Modernization (210th St - CSAH 50) Project # 26-04 Total Project Cost $11,712,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Modernization Department Engineering Funding Description Municipal State Aid County Project #09-065 SA/SAP #TBD Description Modernization of CSAH 9 (Dodd Bouelvard) between 210th Street and CSAH 50 (202nd Street). Project includes a 2-lane divided highway and trails along both sides, with drainage and safety improvements. Prior Expenditures 2026 2027 2028 2029 2030 Total 900,000 Construction 0 9,012,500 0 0 0 9,012,500 Right of Way- Acquisition/Professional fees 1,800,000 0 0 0 0 1,800,000 MSA- Repay County Advance 0 0 135,000 270,000 917,971 1,322,971 Dakota County- Advance funding of city share 0 0 -135,000 -270,000 -917,971 -1,322,971 Total 1,800,000 9,012,500 0 0 0 10,812,500 Prior Funding Sources 2026 2027 2028 2029 2030 Total 900,000 Dakota County 1,530,000 7,397,500 0 0 0 8,927,500 Municipal State Aid 0 0 135,000 270,000 917,971 1,322,971 Escrows 0 292,029 0 0 0 292,029 Stormwater Infrastructure Fund 0 250,000 0 0 0 250,000 Park Dedication Fund 0 97,500 0 0 0 97,500 General Fund 0 40,000 0 0 0 40,000 Streetlight Operating Fund 0 10,000 0 0 0 10,000 Sanitary Sewer Operating Fund 0 5,000 0 0 0 5,000 Water Operating Fund 0 2,500 0 0 0 2,500 Dakota County- Advance funding of city share 270,000 917,971 -135,000 -270,000 -917,971 -135,000 Total 1,800,000 9,012,500 0 0 0 10,812,500 Location Produced Using Plan-It CIP Software Page 76 / 108Page 132 of 182 Interstate 35/CSAH 50 Interchange Reconstruction 2026 thru 2030 Project Details Lakeville, MN Project Name Interstate 35/CSAH 50 Interchange Reconstruction Project # 26-05 Total Project Cost $5,685,013 Contact Zach Johnson, City Engineer Cost Type Transportation Type Interchange Reconstruction Department Engineering Funding Description Municipal State Aid County Project #50-033 SA/SAP #019-650-021 Description Reconstruction of the interchange at I-35 and CSAH 5/50 (Kenwood Trail). The existing interchange is deficient in capacity, sight distance and turn lanes, resulting in delays and safety issues. This project includes replacement of the I-35 bridges over CSAH 5/50 and construction of a northbound auxiliary lane along I-35 between CSAH 5/50 and CSAH 46. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 3,115,380 0 0 3,115,380 Dakota County (County share of repayment of 2017 and 2021/2022 RALF Loans)0 0 1,478,161 0 0 1,478,161 Engineering/Design/Other costs 655,620 0 0 0 0 655,620 MSA- Repay County Advance 0 0 0 655,620 0 655,620 Municipal State Aid (City share of repayment of 2017 and 2021/2022 RALF loans)0 0 260,852 0 0 260,852 Stormwater Infrastructure 0 0 135,000 0 0 135,000 Fiber Conduit (Lift Station)0 0 10,000 0 0 10,000 Fiber Conduit (Park Dedication Fund)0 0 10,000 0 0 10,000 Fiber conduit (Weather Siren)0 0 10,000 0 0 10,000 Fiber conduit (Well/tower)0 0 10,000 0 0 10,000 Dakota County- Advance funding of city share 0 0 0 -655,620 0 -655,620 Total 655,620 0 5,029,393 0 0 5,685,013 Funding Sources 2026 2027 2028 2029 2030 Total Dakota County- Advance funding of city share 655,620 0 3,115,380 -655,620 0 3,115,380 Dakota County 0 0 1,478,161 0 0 1,478,161 Municipal State Aid 0 0 260,852 655,620 0 916,472 Stormwater Infrastructure Fund 0 0 135,000 0 0 135,000 General Fund 0 0 10,000 0 0 10,000 Park Dedication Fund 0 0 10,000 0 0 10,000 Sanitary Sewer Trunk Fund 0 0 10,000 0 0 10,000 Water Trunk Fund 0 0 10,000 0 0 10,000 Total 655,620 0 5,029,393 0 0 5,685,013 Produced Using Plan-It CIP Software Page 77 / 108Page 133 of 182 CSAH 50 and Hamburg Avenue RAB 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 50 and Hamburg Avenue RAB Project # 26-06 Total Project Cost $30,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Roundabout Department Engineering Funding Description Municipal State Aid County Project #50-037 SA/SAP #019-650-024 JPA #DCA22893 Description Programmed for 2026 construction as a single-lane roundabout. Dakota County responsible for 100% of project cost per future Joint Powers Agreement. City is only anticipating contributing costs toward streetlights at this time. Expenditures 2026 2027 2028 2029 2030 Total Streetlight costs 30,000 0 0 0 0 30,000 Total 30,000 0 0 0 0 30,000 Funding Sources 2026 2027 2028 2029 2030 Total Streetlight Operating Fund 30,000 0 0 0 0 30,000 Total 30,000 0 0 0 0 30,000 Produced Using Plan-It CIP Software Page 78 / 108Page 134 of 182 CSAH 60 Alignment Study (CSAH 23 - Flagstaff Ave) 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 60 Alignment Study (CSAH 23 - Flagstaff Ave) Project # 26-07 Total Project Cost $78,750 Contact Zach Johnson, City Engineer Cost Type Transportation Type Other Department Engineering Funding Description Pavement Management County Project #97-229 SA/SAP #N/A Description Preliminary engineering for future County Highway alignment between the intersections of CSAH 23 (Cedar Avenue)/CSAH 60 (185th Street) and CR 64 (195th Street)/Flagstaff Avenue. The corridor study will recommend preferred alignments. Expenditures 2026 2027 2028 2029 2030 Total Engineering/Design/Other costs 78,750 0 0 0 0 78,750 Total 78,750 0 0 0 0 78,750 Funding Sources 2026 2027 2028 2029 2030 Total Pavement Management Fund 78,750 0 0 0 0 78,750 Total 78,750 0 0 0 0 78,750 Produced Using Plan-It CIP Software Page 79 / 108Page 135 of 182 CSAH 50/CSAH 60 RAB Modifications 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 50/CSAH 60 RAB Modifications Project # 26-08 Total Project Cost $100,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Maintenance/Improvement Department Engineering Funding Description Municipal State Aid County Project #50-038 SA/SAP #TBD JPA #TBD Expenditures 2026 2027 2028 2029 2030 Total Construction 100,000 0 0 0 0 100,000 Total 100,000 0 0 0 0 100,000 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 100,000 0 0 0 0 100,000 Total 100,000 0 0 0 0 100,000 Produced Using Plan-It CIP Software Page 80 / 108Page 136 of 182 Lake Marion Greenway 2026 thru 2030 Project Details Lakeville, MN Project Name Lake Marion Greenway Project # 26-15 Total Project Cost $8,272,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Greenway Department Park Dedication Funding Description Park Dedication Fund County Project #2000453 SA/SAP #N/A JPA #TBD Description Trail improvements to existing local network in coordination with jurisdictional transfer to Dakota County for Lake Marion Greenway. Prior Expenditures 2026 2027 2028 2029 2030 Total 190,000 Segment A-Ritter Farm Park to Downtown 3,600,000 0 0 0 0 3,600,000 Segment C- Downtown to Cedar Ave 0 0 0 325,000 1,800,000 2,125,000 Segment D- Murphy Hanrehan Park to Ritter Farm Park 0 0 0 80,000 1,080,000 1,160,000 Lake Marion Greenway Trailhead Shelter/Restrooms 650,000 0 0 0 0 650,000 Ritter Farm parking lot/roadway improvements 150,000 0 0 0 0 150,000 Segment E- CSAH 23 to CSAH 31 0 0 150,000 0 0 150,000 Fiber Conduit (Lift Station)90,000 0 0 0 0 90,000 Fiber Conduit (Park Dedication Fund)90,000 0 0 0 0 90,000 Segment B- Downtown 0 67,500 0 0 0 67,500 Total 4,580,000 67,500 150,000 405,000 2,880,000 8,082,500 Prior Funding Sources 2026 2027 2028 2029 2030 Total 190,000 Dakota County 1,953,000 0 0 344,250 2,448,000 4,745,250 Other funding- State 2,047,000 0 0 0 0 2,047,000 Park Dedication Fund 490,000 0 150,000 60,750 432,000 1,132,750 Sanitary Sewer Trunk Fund 90,000 0 0 0 0 90,000 Pavement Management Fund 0 67,500 0 0 0 67,500 Total 4,580,000 67,500 150,000 405,000 2,880,000 8,082,500 Produced Using Plan-It CIP Software Page 81 / 108Page 137 of 182 2026 thru 2030 Project Details Lakeville, MN Project Name Lake Marion Greenway Project # 26-15 Cost Type Transportation Contact Zach Johnson, City Engineer Produced Using Plan-It CIP Software Page 82 / 108Page 138 of 182 CSAH 5 and Kenyon Avenue Traffic Signal 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 5 and Kenyon Avenue Traffic Signal Project # 27-05 Total Project Cost $427,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #5-XXX SA/SAP #TBD JPA #TBD Description New traffic signal system designed to alleviate congestion and optimize intersection operations Includes geometric improvements and pavement markings Owned/maintained by Dakota County Prior Expenditures 2026 2027 2028 2029 2030 Total 67,500 Construction 0 360,000 0 0 0 360,000 Total 0 360,000 0 0 0 360,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 67,500 Municipal State Aid 0 360,000 0 0 0 360,000 Total 0 360,000 0 0 0 360,000 Produced Using Plan-It CIP Software Page 83 / 108Page 139 of 182 CSAH 23 Alignment Study (Griffon Tr - 135th St) 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 23 Alignment Study (Griffon Tr - 135th St) Project # 27-07 Total Project Cost $8,925 Contact Zach Johnson, City Engineer Cost Type Transportation Type Other Department Engineering Funding Description Municipal State Aid County Project #23-089 SA/SAP #N/A Description Preliminary engineering for CSAH 23 (Cedar Avenue) from Griffon Trail/Upper 164th Street to 135th Street. The corridor study will determine best practices to manage future traffic growth, and recommend pedestrian and corridor safety improvements, and potential grade-separated intersections. Expenditures 2026 2027 2028 2029 2030 Total Engineering/Design/Other costs 0 8,925 0 0 0 8,925 Total 0 8,925 0 0 0 8,925 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 8,925 0 0 0 8,925 Total 0 8,925 0 0 0 8,925 Produced Using Plan-It CIP Software Page 84 / 108Page 140 of 182 CSAH 70 Intersection Improvements W. of Keokuk Ave 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 70 Intersection Improvements W. of Keokuk Ave Project # 27-08 Total Project Cost $400,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Other Department Engineering Funding Description Municipal State Aid County Project #70-025 SA/SAP #N/A Description Construction of a) new full-access intersection along CSAH 70 (210th Street) approximately 2,450-feet west of Keokuk Avenue, and b) directional access median (3/4) at the intersection of CSAH 70 (210th Street) and Keswick Loop, in conjunction with the Artemis developer-installed public improvements. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 400,000 0 0 0 400,000 Total 0 400,000 0 0 0 400,000 Funding Sources 2026 2027 2028 2029 2030 Total Dakota County 0 400,000 0 0 0 400,000 Total 0 400,000 0 0 0 400,000 Produced Using Plan-It CIP Software Page 85 / 108Page 141 of 182 CSAH 9/Dodd Blvd Modernization (215th St- 210th St) 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 9/Dodd Blvd Modernization (215th St-210th St) Project # 28-04 Total Project Cost $5,800,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Modernization Department Engineering Funding Description Municipal State Aid County Project #09-067 SA/SAP #TBD Description Modernization of CSAH 9 (Dodd Bouelvard) between CSAH 70 (215th Street) and 210th Street. Project includes a 2-lane divided highway and trails along both sides, with drainage and safety improvements. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 4,400,000 0 0 4,400,000 Right of Way- Acquisition/Professional fees 0 750,000 0 0 0 750,000 Engineering/Design/Other costs 650,000 0 0 0 0 650,000 Total 650,000 750,000 4,400,000 0 0 5,800,000 Funding Sources 2026 2027 2028 2029 2030 Total Dakota County 552,500 637,500 3,740,000 0 0 4,930,000 Municipal State Aid 97,500 112,500 434,000 0 0 644,000 Escrows 0 0 196,000 0 0 196,000 Park Dedication Fund 0 0 30,000 0 0 30,000 Total 650,000 750,000 4,400,000 0 0 5,800,000 Produced Using Plan-It CIP Software Page 86 / 108Page 142 of 182 CSAH 60 and Orchard Trail Traffic Signal 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 60 and Orchard Trail Traffic Signal Project # 28-05 Total Project Cost $950,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #60-XXX SA/SAP #TBD JPA #TBD Description New traffic signal system designed to alleviate congestion and optimize intersection operations. Includes geometric improvements and pavement markings. City-led project Owned/maintained by Dakota County. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 800,000 0 0 800,000 Traffic signal- Design/ROW 150,000 0 0 0 0 150,000 Total 150,000 0 800,000 0 0 950,000 Funding Sources 2026 2027 2028 2029 2030 Total Dakota County 82,500 0 440,000 0 0 522,500 Municipal State Aid 67,500 0 360,000 0 0 427,500 Total 150,000 0 800,000 0 0 950,000 Produced Using Plan-It CIP Software Page 87 / 108Page 143 of 182 CSAH 46 and Foliage Avenue Traffic Signal Replace 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 46 and Foliage Avenue Traffic Signal Replace Project # 28-06 Total Project Cost $268,750 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #46-XXX SA/SAP #TBD JPA #TBD Description Replace traffic signal system that is approaching the end of its useful life and is located at the next highest Dakota County priority intersection. Owned/maintained by Dakota County. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 225,000 0 0 225,000 Traffic signal- Design/ROW 0 43,750 0 0 0 43,750 Total 0 43,750 225,000 0 0 268,750 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 43,750 225,000 0 0 268,750 Total 0 43,750 225,000 0 0 268,750 Produced Using Plan-It CIP Software Page 88 / 108Page 144 of 182 CSAH 46 and Galaxie Avenue Traffic Signal Replacem 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 46 and Galaxie Avenue Traffic Signal Replacem Project # 28-07 Total Project Cost $275,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #46-XXX SA/SAP #TBD JPA #TBD Description Replace traffic signal system that is approaching the end of its useful life and is located at the next highest Dakota County priority intersection. Owned/maintained by Dakota County. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 225,000 0 0 225,000 Traffic signal- Design/ROW 0 50,000 0 0 0 50,000 Total 0 50,000 225,000 0 0 275,000 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 50,000 225,000 0 0 275,000 Total 0 50,000 225,000 0 0 275,000 Produced Using Plan-It CIP Software Page 89 / 108Page 145 of 182 CSAH 9 Improvements at 194th St & 190th St 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 9 Improvements at 194th St & 190th St Project # 29-04 Total Project Cost $1,782,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Maintenance/Improvement Department Engineering Funding Description Municipal State Aid County Project #9-068 SA/SAP #TBD JPA #TBD Description Construction of a) roundabout at the CSAH 9 (Dodd Boulevard) and 194th Street/Indiana Avenue intersection, and b) directional access median (3/4) CSAH 9 (Dodd Boulevard) and 194th Street intersection. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 1,575,000 0 1,575,000 Engineering/Design/Other costs 0 140,000 0 0 0 140,000 Right of Way- Acquisition/Professional fees 0 0 67,500 0 0 67,500 Total 0 140,000 67,500 1,575,000 0 1,782,500 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 140,000 67,500 1,575,000 0 1,782,500 Total 0 140,000 67,500 1,575,000 0 1,782,500 Produced Using Plan-It CIP Software Page 90 / 108Page 146 of 182 CSAH 46 at Lac Lavon/Interlachen Traffic Signal 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 46 at Lac Lavon/Interlachen Traffic Signal Project # 30-05 Total Project Cost $562,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #46-XXX SA/SAP #TBD JPA #TBD Description Replace traffic signal system that is approaching the end of its useful life and is located at the next highest Dakota County priority intersection. Owned/maintained by Dakota County. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 0 475,000 475,000 Traffic signal- Design/ROW 0 0 87,500 0 0 87,500 Total 0 0 87,500 0 475,000 562,500 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 0 87,500 0 475,000 562,500 Total 0 0 87,500 0 475,000 562,500 Produced Using Plan-It CIP Software Page 91 / 108Page 147 of 182 CSAH 60 and Judicial Road Traffic Signal 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 60 and Judicial Road Traffic Signal Project # 30-06 Total Project Cost $300,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Traffic Signal Department Engineering Funding Description Municipal State Aid County Project #60-XXX SA/SAP #TBD JPA #TBD Description New traffic signal system designed to alleviate congestion and optimize intersection operations. Includes geometric improvements and pavement markings. City-led project Owned/maintained by Dakota County/Scott County Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 0 250,000 250,000 Traffic signal- Design/ROW 0 0 50,000 0 0 50,000 Total 0 0 50,000 0 250,000 300,000 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 0 50,000 0 250,000 300,000 Total 0 0 50,000 0 250,000 300,000 Produced Using Plan-It CIP Software Page 92 / 108Page 148 of 182 CSAH 50 and Iberia Avenue Traffic Safety Mgmt 2026 thru 2030 Project Details Lakeville, MN Project Name CSAH 50 and Iberia Avenue Traffic Safety Mgmt Project # 31-05 Total Project Cost $1,782,500 Contact Zach Johnson, City Engineer Cost Type Transportation Type Maintenance/Improvement Department Engineering Funding Description Municipal State Aid County Project #50-XXX SA/SAP #TBD JPA #TBD Description Construction of traffic safety management improvements at CSAH 50 (202nd Street) and Iberia Avenue intersection. Expenditures 2026 2027 2028 2029 2030 Total Construction 0 0 0 1,575,000 0 1,575,000 Engineering/Design/Other costs 0 140,000 0 0 0 140,000 Right of Way- Acquisition/Professional fees 0 0 67,500 0 0 67,500 Total 0 140,000 67,500 1,575,000 0 1,782,500 Funding Sources 2026 2027 2028 2029 2030 Total Municipal State Aid 0 140,000 67,500 1,575,000 0 1,782,500 Total 0 140,000 67,500 1,575,000 0 1,782,500 Produced Using Plan-It CIP Software Page 93 / 108Page 149 of 182 Pavement Management - Maintenance 2026 thru 2030 Project Details Lakeville, MN Project Name Pavement Management - Maintenance Project # XX-01 Total Project Cost $33,235,500 Contact Steve Ferraro, Public Works Coordinator Cost Type Transportation Type Maintenance Department Construction Services Funding Description Pavement Management Description Annual preventive maintenance program designed to protect the City’s investment in public street/road infrastructure assets. Best management practices include crack sealing, seal coating, surface sealing, mill and overlay and roadway patching. Associated maintenance activities such as curb and gutter repair, drain tile repair, pavement marking painting, and stormwater infrastructure repair are included. Maintenance is financed primarily through property taxes. A portion of the City’s annual Municipal State Aid (MSA) allotment is applied toward street/road maintenance, with the remaining MSA balance applied toward MSA-designated projects and debt payments on previously issued bonds supporting these projects. The remaining principal and interest balances due on MSA-supported bonds at the end of 2025 will be $3,045,000. The final principal payment will be made in 2036. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 2,650,500 Patching & Minor Overlays 1,710,000 1,760,000 1,830,000 1,900,000 1,935,000 9,135,000 16,180,000 Surface Sealing 375,000 375,000 375,000 375,000 375,000 1,875,000 Crack Seal 200,000 200,000 200,000 200,000 225,000 1,025,000 Construction- Sanitary Sewer infrastructure (repair/replace)100,000 100,000 100,000 100,000 100,000 500,000 Construction- Water infrastructure (repair/replace)100,000 100,000 100,000 100,000 100,000 500,000 Sidewalk ADA 65,000 65,000 65,000 65,000 65,000 325,000 Safety Improvements 50,000 50,000 50,000 50,000 50,000 250,000 Velocity Patching 35,000 50,000 50,000 50,000 50,000 235,000 Concrete Curb & Draintile 30,000 30,000 30,000 30,000 40,000 160,000 County Road Stormwater Infrastructure 30,000 30,000 30,000 30,000 30,000 150,000 Eclipse Ave Outlot A to Greenway 150,000 0 0 0 0 150,000 Bridge Inspections & Repairs 20,000 20,000 20,000 20,000 20,000 100,000 Total 2,865,000 2,780,000 2,850,000 2,920,000 2,990,000 14,405,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 2,650,500 Pavement Management Fund 2,515,000 2,580,000 2,650,000 2,720,000 2,790,000 13,255,000 16,180,000 Sanitary Sewer Operating Fund 100,000 100,000 100,000 100,000 100,000 500,000 Water Operating Fund 100,000 100,000 100,000 100,000 100,000 500,000 Park Dedication Fund 150,000 0 0 0 0 150,000 Total 2,865,000 2,780,000 2,850,000 2,920,000 2,990,000 14,405,000 Produced Using Plan-It CIP Software Page 94 / 108Page 150 of 182 Street Reconstruction 2026 thru 2030 Project Details Lakeville, MN Project Name Street Reconstruction Project # XX-02 Total Project Cost $24,407,500 Contact Steve Ferraro, Public Works Coordinator Cost Type Transportation Type Reconstruction/Maintenance Department Construction Services Funding Description Improvement Construction Description Annual program designed to extend street life, minimize total life cycle costs, and improve local streets when routine maintenance costs exceed the cost-benefit of the investment or streets approach the end of their life cycle. Citywide OCI goal for local streets is 75. Both rehabilitation (surface sealing/mill and overlay) and reconstruction (reclamation) practices are utilized. Expenditures 2026 2027 2028 2029 2030 Total Construction 3,580,000 3,682,500 4,690,000 4,320,000 4,010,000 20,282,500 Construction- Water infrastructure (repair/replace)470,000 470,000 470,000 470,000 470,000 2,350,000 Construction- Sanitary Sewer infrastructure (repair/replace)250,000 250,000 250,000 250,000 250,000 1,250,000 Construction- Stormwater infrastructure (new)105,000 105,000 105,000 105,000 105,000 525,000 Total 4,405,000 4,507,500 5,515,000 5,145,000 4,835,000 24,407,500 Funding Sources 2026 2027 2028 2029 2030 Total G.O. Improvement Bonds - Taxes (Streets)3,580,000 3,682,500 3,790,000 3,900,000 4,010,000 18,962,500 Water Operating Fund 470,000 470,000 470,000 470,000 470,000 2,350,000 G.O. Improvement Bonds - Sp. Assess.0 0 900,000 420,000 0 1,320,000 Sanitary Sewer Operating Fund 250,000 250,000 250,000 250,000 250,000 1,250,000 Stormwater Infrastructure Fund 105,000 105,000 105,000 105,000 105,000 525,000 Total 4,405,000 4,507,500 5,515,000 5,145,000 4,835,000 24,407,500 Produced Using Plan-It CIP Software Page 95 / 108Page 151 of 182 Collector Roadway Rehabilitation 2026 thru 2030 Project Details Lakeville, MN Project Name Collector Roadway Rehabilitation Project # XX-03 Total Project Cost $10,266,527 Contact Zach Johnson, City Engineer Cost Type Transportation Type Rehabilitation Department Engineering Funding Description Improvement Construction Description Annual program designed to extend roadway life, minimize total life cycle costs, or improve collector/arterial roads when routine maintenance costs exceed the cost-benefit of the investment or roads approach the end of their life cycle. Citywide OCI goal for collector/arterial roads is 75. Both rehabilitation (mill and overlay) and reconstruction (reclamation) practices are utilized. Expenditures 2026 2027 2028 2029 2030 Total Streets/Storm- Construction/Engineering/Other 971,152 3,710,709 2,043,578 2,130,488 810,600 9,666,527 Construction- Water infrastructure (repair/replace)0 100,000 100,000 50,000 100,000 350,000 Construction- New trails 0 100,000 0 0 0 100,000 Construction- Sanitary Sewer infrastructure (repair/replace)0 25,000 25,000 25,000 25,000 100,000 Construction- Sanitary Sewer infrastructure (new)0 50,000 0 0 0 50,000 Total 971,152 3,985,709 2,168,578 2,205,488 935,600 10,266,527 Funding Sources 2026 2027 2028 2029 2030 Total G.O. Improvement Bonds - Taxes (Streets)485,576 3,380,709 2,043,578 2,085,799 810,600 8,806,262 Other cost share arrangement- Credit River (Judicial Rd)485,576 0 0 0 0 485,576 G.O. Improvement Bonds - Sp. Assess.0 330,000 0 44,689 0 374,689 Water Operating Fund 0 100,000 100,000 50,000 100,000 350,000 Park Dedication Fund 0 100,000 0 0 0 100,000 Sanitary Sewer Operating Fund 0 25,000 25,000 25,000 25,000 100,000 Sanitary Sewer Trunk Fund 0 50,000 0 0 0 50,000 Total 971,152 3,985,709 2,168,578 2,205,488 935,600 10,266,527 Produced Using Plan-It CIP Software Page 96 / 108Page 152 of 182 County Pavement Preservation/City Utility Repairs 2026 thru 2030 Project Details Lakeville, MN Project Name County Pavement Preservation/City Utility Repairs Project # XX-10 Total Project Cost $95,000 Contact Zach Johnson, City Engineer Cost Type Transportation Type Maintenance Department Engineering Funding Description Water Operating Fund County Project #TBD SA/SAP #N/A JPA #TBD Description Storm sewer, sanitary sewer and water repairs completed in conjunctions with annual Dakota County pavement preservation program. Prior Expenditures 2026 2027 2028 2029 2030 Total 50,000 Construction 0 25,000 0 0 0 25,000 Construction- Sanitary Sewer infrastructure (repair/replace)5,000 5,000 0 0 0 10,000 Construction- Water infrastructure (repair/replace)5,000 5,000 0 0 0 10,000 Total 10,000 35,000 0 0 0 45,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 50,000 Pavement Management Fund 0 25,000 0 0 0 25,000 Sanitary Sewer Operating Fund 5,000 5,000 0 0 0 10,000 Water Operating Fund 5,000 5,000 0 0 0 10,000 Total 10,000 35,000 0 0 0 45,000 Produced Using Plan-It CIP Software Page 97 / 108Page 153 of 182 215th Street Public Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name 215th Street Public Improvements Project # 26-09 Total Project Cost $6,555,000 Contact Zach Johnson, City Engineer Cost Type Utility Type Extension Department Engineering Funding Description Improvement Construction County Project #N/A SA/SAP #N/A JPA #N/A Description Sewer and water extension along 215th Street from County Road 70 to west of I-35. Expenditures 2026 2027 2028 2029 2030 Total Construction 4,905,000 0 0 0 0 4,905,000 Engineering/Design/Other costs 1,650,000 0 0 0 0 1,650,000 Total 6,555,000 0 0 0 0 6,555,000 Funding Sources 2026 2027 2028 2029 2030 Total G.O. Improvement Bonds - Sp. Assess.5,240,000 0 0 0 0 5,240,000 Sanitary Sewer Trunk Fund 1,215,000 0 0 0 0 1,215,000 Water Trunk Fund 100,000 0 0 0 0 100,000 Stormwater Infrastructure Fund 0 0 0 0 0 0 Total 6,555,000 0 0 0 0 6,555,000 Produced Using Plan-It CIP Software Page 98 / 108Page 154 of 182 Sanitary Sewer Trunk Improvements 2026 thru 2030 Project Details Lakeville, MN Project Name Sanitary Sewer Trunk Improvements Project # U-01 Total Project Cost $450,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Equipment Fund Description The Sanitary Sewer Plan anticipates the extension of sanitary sewer trunk facilities to serve areas of anticipated/planned growth. Lift Station 26 is under construction in 2025. Timing of sanitary sewer trunk system improvements subject to growth rate and location of planned land development. Prior Expenditures 2026 2027 2028 2029 2030 Total 75,000 Construction 75,000 75,000 75,000 75,000 75,000 375,000 Total 75,000 75,000 75,000 75,000 75,000 375,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 75,000 Sanitary Sewer Trunk Fund 75,000 75,000 75,000 75,000 75,000 375,000 Total 75,000 75,000 75,000 75,000 75,000 375,000 Produced Using Plan-It CIP Software Page 99 / 108Page 155 of 182 Sanitary Sewer Lift Station Rehabilitation 2026 thru 2030 Project Details Lakeville, MN Project Name Sanitary Sewer Lift Station Rehabilitation Project # U-02 Total Project Cost $1,030,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Type Maintenance Department Utilities Funding Description Equipment Fund Description Lift station service life is 12-15 years. Pumps, motors and equipment are inspected, repaired and replaced to ensure uninterrupted service. Lift stations are inspected/cleaned annually and scheduled for rehabilitation every 12-15 years. Prior Expenditures 2026 2027 2028 2029 2030 Total 215,000 Lift Station 7 0 175,000 0 0 0 175,000 Lift Station 5 0 0 0 100,000 0 100,000 Lift Station 20 80,000 0 0 0 0 80,000 Lift Station 3 0 80,000 0 0 0 80,000 Lift Station 22 0 0 75,000 0 0 75,000 Lift Station 6 0 0 75,000 0 0 75,000 Lift Station 11 0 0 0 40,000 0 40,000 Lift Station 12 0 0 0 0 40,000 40,000 Lift Station 13 0 0 0 0 40,000 40,000 Lift Station 18 40,000 0 0 0 0 40,000 Lift Station 19 0 0 0 40,000 0 40,000 Lift Station 8 30,000 0 0 0 0 30,000 Total 150,000 255,000 150,000 180,000 80,000 815,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 215,000 Sanitary Sewer Operating Fund 150,000 255,000 150,000 180,000 80,000 815,000 Total 150,000 255,000 150,000 180,000 80,000 815,000 Produced Using Plan-It CIP Software Page 100 / 108Page 156 of 182 Sanitary Sewer Inflow/Infiltration Maintenance 2026 thru 2030 Project Details Lakeville, MN Project Name Sanitary Sewer Inflow/Infiltration Maintenance Project # U-03 Total Project Cost $3,450,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Equipment Fund Description Annual program designed to manage peak discharge rates and maintain/extend the overall service life of the sanitary sewer collection system through rehabilitating infrastructure susceptible to inflow and infiltration (groundwater). Public sanitary sewer infrastructure is inspected (televising 250,000 pipe-feet/year) and cleaned (jetting 75 pipe-miles/year) to maintain the integrity and function of the sanitary sewer collection system. Prior Expenditures 2026 2027 2028 2029 2030 Total 575,000 Construction 575,000 575,000 575,000 575,000 575,000 2,875,000 Total 575,000 575,000 575,000 575,000 575,000 2,875,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 575,000 Sanitary Sewer Operating Fund 575,000 575,000 575,000 575,000 575,000 2,875,000 Total 575,000 575,000 575,000 575,000 575,000 2,875,000 Produced Using Plan-It CIP Software Page 101 / 108Page 157 of 182 Well Construction 2026 thru 2030 Project Details Lakeville, MN Project Name Well Construction Project # U-04 Total Project Cost $2,950,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Equipment Fund Description The Water Plan provides guidance in identifying future water system facilities required to serve areas of planned land development. Well #23 is currently under construction and will be brought online in 2025, and Wells 24 and 25 are programmed for 2028 construction. Construction timing and well location subject to population demand/water needs. The Wellhead and Source Water Protection Plan must be amended prior to receiving a Minnesota Department of Health permit. Expenditures 2026 2027 2028 2029 2030 Total Future Construction 0 0 1,800,000 0 0 1,800,000 1,050,000 Engineering/Design/Other costs 0 100,000 0 0 0 100,000 Total 0 100,000 1,800,000 0 0 1,900,000 Funding Sources 2026 2027 2028 2029 2030 Total Future Water Trunk Fund 0 100,000 1,800,000 0 0 1,900,000 1,050,000 Total 0 100,000 1,800,000 0 0 1,900,000 Produced Using Plan-It CIP Software Page 102 / 108Page 158 of 182 Watermain Trunk Extensions 2026 thru 2030 Project Details Lakeville, MN Project Name Watermain Trunk Extensions Project # U-05 Total Project Cost $2,915,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Water Trunk Fund Description The Water Plan anticipates the extension of watermain trunk facilities to serve areas of planned land development. Timing of watermain trunk system improvements subject to growth rate and location of planned land development. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 265,000 Construction 265,000 265,000 265,000 265,000 265,000 1,325,000 1,325,000 Total 265,000 265,000 265,000 265,000 265,000 1,325,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 265,000 Water Trunk Fund 265,000 265,000 265,000 265,000 265,000 1,325,000 1,325,000 Total 265,000 265,000 265,000 265,000 265,000 1,325,000 Produced Using Plan-It CIP Software Page 103 / 108Page 159 of 182 Water Distribution Features 2026 thru 2030 Project Details Lakeville, MN Project Name Water Distribution Features Project # U-06 Total Project Cost $960,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Water Trunk Fund Description The Water Plan provides guidance in identifying future water system features required to serve areas of planned land development, including features to either reduce or boost the water pressure due to the elevation of new development. New pressure reducing valves are programmed for 2026, 2028 and 2030 construction. Construction timing and location subject to growth rate and location of planned land development. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 60,000 Construction 150,000 0 150,000 0 150,000 450,000 450,000 Total 150,000 0 150,000 0 150,000 450,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 60,000 Water Trunk Fund 150,000 0 150,000 0 150,000 450,000 450,000 Total 150,000 0 150,000 0 150,000 450,000 Produced Using Plan-It CIP Software Page 104 / 108Page 160 of 182 Well and Pump Rehabilitation 2026 thru 2030 Project Details Lakeville, MN Project Name Well and Pump Rehabilitation Project # U-07 Total Project Cost $1,000,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Equipment Fund Description Pumps, motors and equipment are inspected, repaired and replaced to ensure uninterrupted, efficient service and a water system operating at maximum pumping capacity. City wells provide water for on-demand distribution system (24 hours/day, 7 days/week). Multiple starts/stops place tremendous stress on the motors and pump components and constant water exposure can lead to corrosion. Well and pumps are scheduled for rehabilitation every 8-10 years, based on pump type. Prior Expenditures 2026 2027 2028 2029 2030 Total 100,000 Well 10 0 0 100,000 0 0 100,000 Well 11 0 0 0 100,000 0 100,000 Well 12 0 0 0 0 100,000 100,000 Well 19 100,000 0 0 0 0 100,000 Well 20 100,000 0 0 0 0 100,000 Well 21 0 100,000 0 0 0 100,000 Well 22 0 100,000 0 0 0 100,000 Well 8 0 0 0 100,000 0 100,000 Well 9 0 0 0 100,000 0 100,000 Total 200,000 200,000 100,000 300,000 100,000 900,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 100,000 Water Operating Fund 200,000 200,000 100,000 300,000 100,000 900,000 Total 200,000 200,000 100,000 300,000 100,000 900,000 Produced Using Plan-It CIP Software Page 105 / 108Page 161 of 182 Tower and Reservoir Maintenance 2026 thru 2030 Project Details Lakeville, MN Project Name Tower and Reservoir Maintenance Project # U-08 Total Project Cost $1,300,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Type Maintenance Department Utilities Funding Description Water Operating Fund Description Maintenance program designed to manage, preserve and protect investment in water storage tanks (interior and exterior). Maintenance removes buildup, dirt/dust, and extends the life of the coating system, minimizing total lifecycle costs. Expenditures 2026 2027 2028 2029 2030 Total Construction 1,150,000 0 0 150,000 0 1,300,000 Total 1,150,000 0 0 150,000 0 1,300,000 Funding Sources 2026 2027 2028 2029 2030 Total Water Operating Fund 1,150,000 0 0 150,000 0 1,300,000 Total 1,150,000 0 0 150,000 0 1,300,000 Produced Using Plan-It CIP Software Page 106 / 108Page 162 of 182 Water meter replacement 2026 thru 2030 Project Details Lakeville, MN Project Name Water meter replacement Project # U-09 Total Project Cost $2,000,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Department Utilities Funding Description Equipment Fund Description Annual program designed to replace residential and commercial water meters approaching the end of their life cycle, to ensure accurate water monitoring use data for Minnesota Department of Natural Resources reporting. Program goal is 1,200 water meter replacements per year (based on meter age) with the intent of meeting/maintaining a 20-year service life. Routine water meter replacement is completed by City Utilities staff. Prior Expenditures 2026 2027 2028 2029 2030 Total 150,000 Equipment purchase 350,000 350,000 350,000 400,000 400,000 1,850,000 Total 350,000 350,000 350,000 400,000 400,000 1,850,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total 150,000 Water Operating Fund 350,000 350,000 350,000 400,000 400,000 1,850,000 Total 350,000 350,000 350,000 400,000 400,000 1,850,000 Produced Using Plan-It CIP Software Page 107 / 108Page 163 of 182 Fiber Optic Cable Connection 2026 thru 2030 Project Details Lakeville, MN Project Name Fiber Optic Cable Connection Project # U-10 Total Project Cost $484,000 Contact Shane Quade, Utilities Superintendent Cost Type Utility Type Other Department Utilities Funding Description Equipment Fund Description Extension of fiber optic cable to remote utility sites (lift stations, wells) for better and more reliable communication. Prior Expenditures 2026 2027 2028 2029 2030 Total Future 70,000 Fiber conduit (Well/tower)37,000 37,000 40,000 30,000 40,000 184,000 80,000 Fiber Conduit (Lift Station)25,000 25,000 30,000 30,000 40,000 150,000 Total 62,000 62,000 70,000 60,000 80,000 334,000 Prior Funding Sources 2026 2027 2028 2029 2030 Total Future 70,000 Water Operating Fund 37,000 37,000 40,000 30,000 40,000 184,000 80,000 Sanitary Sewer Operating Fund 25,000 25,000 30,000 30,000 40,000 150,000 Total 62,000 62,000 70,000 60,000 80,000 334,000 Produced Using Plan-It CIP Software Page 108 / 108Page 164 of 182 CITY OF LAKEVILLE STREET RECONSTRUCTION PLANProject # Project description: 2026 2027 2028 2029 2030 TotalXX-02Street Reconstruction 3,580,000 3,682,500 4,690,000 4,320,000 4,010,000 20,282,500 XX-03Collector Rehabilitation 485,576 3,710,709 2,043,578 2,130,488 810,600 9,180,951 - - - - - - 4,065,576$ 7,393,209$ 6,733,578$ 6,450,488$ 4,820,600$ 29,463,451$ Page 165 of 182 Capital Improvement Plan & Operating Budget Infrastructure Specific Plans Water System Plan Adopted 2019 Next update 2028 Transportation Plan Adopted 2019 Next update 2028 Sanitary Sewer Plan Adopted 2019 Next update 2028 Water and Natural Resources Management Plan Adopted 2019 Next update 2028 Parks, Trails and Open Space Plan Last update 2015 Next update 2025 Citywide Planning 2040 Comprehensive Plan / Land Use Plan Adopted 2020 Envision Lakeville 2040 Last Updated 2023 Studies & Site Specific Plans/REPORTS Sanitary Sewer and Water Rates & Fees Study (Last Update 2017) Water Treatment Facility Expansion Plan (Last Update 2022) CMF Expansion Study (Last Update 2015) Dakota County East-West Corridor Preservation Study (Phase 1: 2003 / Phase 2: 2006) NPDES MS4 Permit Implementation (Last Update 2023) Park Dedication Fee Study (Last update 2012) Various Park Master Plans (As needed) ADA Transition Plan (2019) Downtown Development Guide (Last Update 2018) Indoor Athletic Facility Study (2017) 2026 Projects Pavement Maintenance Local Street Rehabilitation Arterial/Collector Rehabilitation County Pavement Preservation and City Utility Repairs 215th Street Public Improvements Lake Marion Greenway Water Quality and Water Conservation Lake Management Stormwater Infrastructure Maintenance Forestry Vegetation Management East Community Park Various other park projects NOTES: not all 2026 CIP projects are listed here (only Highlights) City and Dakota County Partnership Projects Are Subject to Adopted Dakota County 2040 Transportation Plan Cost Share Policies. (Revised in 2020) Fire Resource and Space Needs Study (Last Update 2020) School Road Safety Task Force (2014) Dakota County Principal Arterial Study (2018) Dakota County Pedestrian Crossing Safety Assessment (2022) MnDOT I-35 Roadway Study: Burnsville and Lakeville (2024) Strategic Plan for Economic Development (Last Update 2019) Pedestrian Crossing Study (2024) Trail Condition Review (OCI) (2022) Page 166 of 182 Page 167 of 182 Date: 8/25/2025 2nd Quarter 2025 Financial Report Proposed Action No formal action required. For discussion only. Overview The attached financial report and analysis offers readers a narrative overview of the financial activities of the City through the second quarter of 2025. Supporting Information 1. 2Qtr 2025 Financial Report Financial Impact: $ Budgeted: Yes Source: General, Communications, Liquor, Utility Funds Envision Lakeville Community Values: Good Value for Public Service Report Completed by: Julie Stahl, Finance Director Page 168 of 182 i FINANCIAL HIGHLIGHTS: The following financial report and analysis offers readers a narrative overview of the financial activities of the City for the six-month period ended June 30, 2025. This report includes the General Fund, Communications Fund, Liquor Fund and Utility Operating Funds. The readers are encouraged to consider the information presented here in conjunction with the unaudited financial statements attached to this report, the adopted budget, and the five-year Capital Improvement Plan. ❖ General Fund - Revenues ❖ Property tax revenues. • Tax payments from Dakota County are received in two installments in June and December. The General fund property tax revenues are anticipated to be $33 million for 2025. ❖ Licenses and Permits. • Building permit revenues are within budget estimates through the second quarter. The following chart shows how the number of permits issued in the second quarter compared to the same period in 2024 and the 2025 adopted budget: • Year-to-date permits issued through July 31, 2025 are as follows: • Single Family – 129 • Townhome – 138 YTD 2nd 2025 YTD 2nd Quarter Adopted Quarter Permit Type 2024 Budget 2025 Single Family 162 300 118 Townhome 57 150 104 Apartments (Units)0 1 (182 units)0 Commercial 1 2 5 Industrial 1 2 0 Page 169 of 182 ii FINANCIAL HIGHLIGHTS (continued): ❖ Historical Building Permits • As shown in the chart below building permits for single family had record breaking years in 2019, 2020 and 2021. Permits are trending to a steady growth as seen in years past. The mix of permit types is changing to include a mix of townhomes and apartment complexes. ❖ Intergovernmental. • Revenues comprised of police and fire aid and various grants are typically received in the third and fourth quarters. Grant revenues are $170K more than this same period last year and are comprised of the Forestry Shade Tree grant, Police’s ICPOET Cadet grant and the first SAFER grant receipt of $85K. ❖ Charges for Services • General government services are in line with the budget and slightly below the previous year. $91,224 has been received for fiscal agent fees from Dakota 911 and Lakeville Arenas which is up $2,200 over the previous year. • Public Safety revenues are in line with the budget. Security services are down slightly compared to the same time in 2024. SRO contributions are up from 2024 due to changes in staffing of the SRO Officers. The renewed fire contract with Eureka Township, billed in June, yielded revenue of $64,478 ($12,600 more than 2024). Page 170 of 182 iii FINANCIAL HIGHLIGHTS (continued): • Public works revenues are based mainly on summer construction projects and year-to-date revenues are at 87% of the annual budget. Engineering developer contract administration is recognized as revenue when collected with the development contract. This contract administration revenue is down about $54K from the same period a year ago due to more and larger developments in 2024. • Parks and Recreation revenues are down $20K from the prior year. Recreation programs are under budget estimates (at 46%) as most programs are held in the summer. ❖ Court Fines. • Revenues from court fines ($99K) represent 41% of the budget estimates and are down $24K from the same period in 2024. Court fine revenues and the membership fees paid to the Dakota 911 are both impacted by the number of CAD calls. ❖ General Fund - Expenditures Total expenditures are roughly $2 million greater than 2Q 2024 and are 48% of the 2025 budget. ❖ Personnel. Expenditures for the second quarter for personnel are at 47% of the 2025 budget. Several employee vacancies and transitions have resulted in lower cost than expected. ❖ Motor Fuels. Motor fuels through June 30 are at 41% of the 2025 Budget. Fuel expense is slightly higher ($1,450) than the same period in 2024 as fuel costs continue to fluctuate. The City does have a contract for fuel prices in place to mitigate some of the price increases. ❖ Street Chemicals. 2025 salt purchases are $208K lower than the same period in 2024 and are at 82% of the annual $165K budget. Purchases at the end of the 2024-2025 winter season are stored at the central maintenance facility and will be utilized in the late fall if needed. Current salt storage is at capacity and staff does not anticipate needing to replenish any reserves in 2025. ❖ Utilities. Electric costs are at 49% of budget and are $103K more than the same period in 2024. Increased electricity rates are a major factor for this increase. Natural gas costs are $16K higher than the same period in 2024. Combined electric and natural gas costs are at 43% of budget. ❖ Mayor and Council. Expenditures are higher than the same period in 2024. This is mainly attributed to the timing of dues for the League of MN Cities. ❖ City Administration. Expenditures are at 59% of budget, partially due to the new membership in the National League of Cities. ❖ City Clerk. Expenditures are within the 2025 budget and lower compared to the prior year due to the elections in 2024. The County billed for election equipment costs in the second quarter of 2024. Page 171 of 182 iv FINANCIAL HIGHLIGHTS (continued): ❖ General Fund - Expenditures (continued) ❖ Legal. Legal fees are at 70% of the budget. Expenditures are $15K higher than the same period in 2024. ❖ Community and Economic Development. Expenditures are 46% of budget and $88K lower than the previous year. The departments Community and Economic Development and Planning were consolidated starting in 2024. ❖ Inspections. Expenditures are below budget benchmark at 37% and $175K lower than the previous year due to a position vacancy. Contractual electrical inspections are lower by $42K from the prior year which correlates to the decrease in permit revenues. ❖ General Government Facilities. Salaries in 2025 are up over the same period in 2024 due to vacancies being filled. Commodities and other charges and services are at 46% of budget and are expected to be within the adopted 2025 budget. ❖ Finance Department. Personnel costs are consistent with the budget and slighter higher than the same period in 2024, mainly due to step increases. Other charges and services are $38K lower compared to 2024, as the ERP implementation took place that year. These expenses are expected to be within the 2025 adopted budget. ❖ Information Technology. Overall expenditures are at 63% of the adopted 2025 budget. Timing of annual maintenance agreements can impact the expense comparison each year. ❖ Human Resources. Personnel costs are higher than budget (62%) and slightly higher than the same period in 2024 due to transition costs. Professional fees are higher than the prior year due to adding new functionality in NEOGOV. ❖ Police. Personnel services are slightly under budget at 48% and higher than the previous year by $301K due to new staff additions that were approved in the 2025 budgets. The overall expenditures are within the budget benchmark. ❖ Fire. Personnel services are under budget (at 44%) and higher than the previous year by $745K due to the addition of 6 full-time firefighters at the end of the second quarter of 2024. Firefighter pay is contingent on the number of fire calls during the year and is expected to fluctuate as the department continues to expand into a hybrid model of both paid on call and full-time staff. Commodities are $116K higher than prior year due to outfitting of new personnel. Capital outlay of $98K consists mainly of the purchase of 2 AEDs. Page 172 of 182 v FINANCIAL HIGHLIGHTS (continued): ❖ Engineering/GIS. Total expenditures are slightly above budget estimates (at 59%) but are expected to be within the 2025 budget benchmark. ❖ Forestry. Total expenditures are slightly above budget estimates (at 52%) and are expected to be within the 2025 budget benchmark. ❖ Construction Services. Personnel services are below budget at 39% due to employee vacancies. ❖ Streets. Personnel services are within budget and lower than the prior year due to decreases in overtime cost related to snow events. Commodities are under the prior year due to chemicals purchased at the end of the 2024 winter season. All unused chemicals are stored for use in the fall. The salt storage is currently at capacity. ❖ Parks. Overall expenditures are slightly under budget (at 47%) and $44K less than the same period last year. ❖ Recreation and Arts Center. Expenses are within budget in the second quarter and are $73K less than the prior year. ❖ Communications Fund ❖ Revenues from Franchise fees are received on a quarterly basis. They are typically received by the end of the month following the quarter. Revenues continue to be lower than historical and have trended down $38K from the prior year as there are other options for residents to utilize for their entertainment. ❖ Expenditures are under budget estimates and are down $42,000 from the same period in 2024. ❖ Liquor Fund ❖ Sales through the second quarter amounted to $10.1 million, representing a 0.41% decrease compared to the same period in 2024. Both customer counts and sales per transaction have declined year-over-year. Gross profit margin stands at 26.6% in 2025, down from 28.7% in 2024. THC sales have significantly outperformed expectations, reaching $344K through June - nearly double the $178K annual budget for this category. ❖ Total operating expenditures are at 41% of budget appropriations and are $128K lower than the same period in 2024. Page 173 of 182 vi FINANCIAL HIGHLIGHTS (continued): ❖ 2025 Budgeted Transfers Out include $900K to the Equipment Fund; $400K to the Debt Service Fund for the police station bonds (final maturity - February 2032); $346,800 to the Debt Service Fund for the Keokuk Liquor Store; $30K for the 2025 fireworks; and $67,605 to the Technology Fund. ❖ Capital outlay consists of a wine room remodel at the Galaxie store and wains coating in the Emporium Room at the Keokuk store. ❖ Water Fund ❖ Water revenues in the second quarter were lower, primarily due to a wet spring and summer, which is typical for this time of year. However, revenues are slightly higher – by $332K – compared to the same period in 2024, largely due to the growth in the customer base. A new water rate structure, implemented on February 1, 2023 encourages conservation and provides a more equitable model, resulting in lower bills for customers with lower usage. ❖ Operating expenditures are under budget estimates (at 38%) and are $194K lower than last year. ❖ Sewer Fund ❖ Sewer revenues are exceeding budget expectations, currently at 59%, and are higher than the same period in 2024. As with water revenues, this increase is primarily driven by the growth in the customer base. ❖ Disposal charges paid to Metropolitan Council of Environmental Services increased 4.5% over the 2024 rates and are projected to be $5.6 million for 2025. ❖ Operating expenditures are below budget estimates at 44%. ❖ Street Lighting Fund ❖ Revenues are slightly over the budget benchmark and are up over the same period in 2024 due to increase in customer base. ❖ Streetlight rates did not increase for 2025. ❖ Expenditures are currently at 60% of budget appropriation, exceeding expectations due to an additional $38K spent on streetlight replacements. Page 174 of 182 vii FINANCIAL HIGHLIGHTS (continued): ❖ Environmental Resources Fund ❖ Revenues are currently at 54% of budget appropriations and are slightly higher than the same period in 2024, driven by customer base growth and a 4% rate increase implemented in 2025. ❖ Intergovernmental grant revenues are budgeted at $535,000 for the following restorations: o Aquatic invasive species – Dakota County funding $35,000 o CP 24-44 Greenridge Park Water quality improvements - $500,000 The request for funding will be made once the final contract payments are made. ❖ Personnel expenditures are below budget due to employee transitions. Contractual expenditures are also tracking below budget, which is typical for the second quarter. Projects are either still in progress or have not yet started, contributing to lower overall expenses compared to the budget. Page 175 of 182 Unaudited 2025 2025 Variance from Adopted Amended 6/30/25 Amended Budget Actual 6/30/24 Budget Budget Actual Positive (Neg)Percent Actual Revenues General property taxes 33,300,000$ 33,300,000$ 15,072,498$ (18,227,502)$ 45.3%13,531,159$ 1,541,339$ 111.4% Licenses and permits 3,259,689 3,259,689 1,520,939 (1,738,750) 46.7%1,683,637 (162,698) 90.3% Intergovernmental 3,478,938 3,478,938 290,914 (3,188,024) 8.4%119,322 171,592 243.8% Charges for services 3,061,144 3,061,144 1,514,110 (1,547,034) 49.5%1,576,876 (62,766) 96.0% Court fines 240,000 240,000 98,868 (141,132) 41.2%123,331 (24,463) 80.2% Investment income 500,000 500,000 250,000 (250,000) 50.0%155,595 94,405 160.7% Miscellaneous 166,746 166,746 67,791 (98,955) 40.7%73,859 (6,068) 91.8% Total revenues 44,006,517 44,006,517 18,815,120 (25,191,397) 42.8%17,263,779 1,551,341 109.0% Expenditures Mayor and Council 126,321 126,321 112,929 13,392 89.4%58,611 (54,318) 192.7% Committees and Commissions 143,422 143,422 47,807 95,615 33.3%15,349 (32,458) 311.5% City Administration 587,089 587,089 347,207 239,882 59.1%290,930 (56,277) 119.3% City Clerk 225,579 225,579 116,049 109,530 51.4%164,161 48,112 70.7% Legal Counsel 87,000 87,000 60,593 26,407 69.6%46,080 (14,513) 131.5% Community/Econ Development 1,089,649 1,089,649 497,150 592,499 45.6%585,395 88,245 84.9% Inspections 1,918,122 1,918,122 713,522 1,204,600 37.2%888,541 175,019 80.3% General Gov' Facilities 669,991 669,991 408,703 261,288 61.0%290,458 (118,245) 140.7% Finance 1,235,639 1,235,639 647,770 587,869 52.4%575,151 (72,619) 112.6% Information Systems 989,146 989,146 626,140 363,006 63.3%412,295 (213,845) 151.9% Human Resources 688,489 688,489 420,082 268,407 61.0%400,650 (19,432) 104.9% Insurance 250,000 250,000 125,000 125,000 50.0%137,500 12,500 90.9% Police 17,227,952 17,227,952 8,444,775 8,783,178 49.0%7,715,023 (729,752) 109.5% Fire 5,588,299 5,588,299 2,310,446 3,277,853 41.3%1,336,999 (973,447) 172.8% Engineering 946,722 946,722 556,836 389,886 58.8%368,846 (187,990) 151.0% Forestry 680,154 680,154 353,190 326,964 51.9%237,917 (115,273) 148.5% Construction Services 701,328 701,328 246,643 454,685 35.2%214,709 (31,934) 114.9% Streets 4,409,718 4,409,718 2,048,518 2,361,200 46.5%2,096,383 47,865 97.7% Parks 3,768,652 3,768,652 1,782,481 1,986,171 47.3%1,826,824 44,343 97.6% Recreation 1,126,418 1,126,418 539,241 587,177 47.9%483,043 (56,198) 111.6% Arts Center 1,033,734 1,033,734 517,032 516,702 50.0%645,925 128,893 80.0% Total expenditures 43,493,424 43,493,424 20,922,114 22,571,311 48.1%18,790,790 (2,131,324) 111.3% Excess (deficiency) of revenues over expenditures 513,093 513,093 (2,106,994) (2,620,087) (1,527,011) (579,983) Other financing sources (uses) Transfer from other funds 170,000 170,000 - (170,000) 0.0%- - 0.0% Transfer to other funds - (1,850,000) - 1,850,000 0.0%(215,000) 215,000 0.0% Total other financing sources (uses 170,000 (1,680,000) - 1,680,000 (215,000) 215,000 0.0% Net change in fund balance 683,093 (1,166,907) (2,106,994) (940,087) (1,742,011) (364,983) Beginning fund balance 21,747,353 21,747,353 23,186,599 1,439,246 22,007,407 1,179,192 InventoryEnding fund balance 22,430,446$ 20,580,446$ 21,079,606$ 499,160$ 20,265,396$ 814,210$ Net change in fund balance %3.1%(5.4%)(9.1%)(7.9%) Ratio: Fund balance to CY expends 51.6%47.3% Ratio: Fund balance to NY expend 49.1%45.0% Variance from 2024 Actual Positive (Negative) General Fund Summary Statement of Revenues, Expenditures and Changes in Fund Balances For the Six-Month Period Ended June 30, 2025 Comparative Page 176 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Revenues Licenses franchise fee 624,649$ 237,583$ (387,066)$ 38.0%272,774$ (35,191)$ 87.1% PEG Fees 44,098 17,168 (26,930) 38.9%19,957 (2,789) 86.0% Other 2,000 - (2,000) - - Investment income 6,643 3,322 (3,322) 50.0%4,328 (1,007) 76.7% Total revenues 677,390 258,073 (419,318) 38.1%297,059 (38,987) 86.9% Expenditures - General government Personnel services 591,610 247,237 344,373 41.8%273,775 26,538 90.3% Commodities 13,260 4,880 8,380 36.8%6,069 1,189 80.4% Other charges and services 200,197 84,122 116,075 42.0%99,590 15,468 84.5% Capital outlay 33,000 7,207 25,793 21.8%6,155 (1,052) 117.1% Total expenditures 838,067 343,446 494,621 41.0%385,589 42,143 89.1% Excess (deficiency) of revenues over expenditures (160,677) (85,374) 75,304 53.1%(88,530) 163,834 96.4% Other financing (uses) - Transfers To Technology Fund (expense allocations)(4,155) - 4,155 0.0%(7,300) 7,300 0.0% Total other financing (uses)(4,155) - 4,155 0.0%(7,300) 7,300 0.0% Net change in fund balance (164,832) (85,374) 79,459 (95,830) 10,457 Beginning fund balance 1,384,987 1,384,987 - 1,384,987 - Ending fund balance 1,220,155$ 1,299,614$ 79,459$ 1,289,157$ 10,457$ Variance from 2024 Actual Positive (Negative) Comparative CITY OF LAKEVILLE, MINNESOTA Statement of Revenues, Expenditures and Changes in Fund Balances For the Six-Month Period Ended June 30, 2025 Special Revenue - Communications Fund Page 177 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Sales and cost of sales Sales 23,238,382$ 10,115,438$ (13,122,944)$ 43.5%10,551,714$ (436,276)$ 95.9% Cost of sales 16,828,635 7,429,100 9,399,535 44.1%7,525,869 96,769 98.7% Gross profit 6,409,747 2,686,338 (3,723,409) 41.9%3,025,845 (339,507) 88.8% Gross profit %27.6%26.6%28.7% Operating expenses Personnel services 3,357,512 1,359,600 1,997,912 40.5%1,506,382 146,782 90.3% Commodities 97,056 35,994 61,062 37.1%40,344 4,350 89.2% Other charges and services 1,916,183 792,176 1,124,007 41.3%769,338 (22,838) 103.0% Total operating expenses 5,370,751 2,187,770 3,182,981 40.7%2,316,064 128,294 94.5% Operating income 1,038,996 498,568 (540,428) 48.0%709,781 (211,213) 70.2% Non-operating revenue (expense) Investment income 105,000 20,853 (84,147) 19.9%14,524 6,329 143.6% Lease payment (265,000) 265,000 0.0%(260,000) 260,000 0.0% Transfers in (out) General Fund - Fireworks (30,000) - 30,000 0.0%- - 0.0% Debt Service: Tax Abatement - Keokuk (346,800) - 346,800 0.0%(284,650) 284,650 0.0% CIP Bonds-Police Station (400,000) - 400,000 0.0%(400,000) 400,000 0.0% Capital Projects: Equipment Fund (900,000) - 900,000 0.0%(500,000) 500,000 0.0% Technology Fund (67,605) - 67,605 0.0%(59,500) 59,500 0.0% Total non-operating (net)(1,904,405) 20,853 1,925,258 -1.1%(1,489,626) 1,510,479 -1.4% Net change in net position (865,409) 519,421 1,384,830 (779,845) 1,299,266 Beginning net position 12,734,454 13,320,656 586,202 12,869,554 451,102 Ending net position 11,869,045$ 13,840,077$ 1,971,032$ 12,089,709$ 1,750,368$ CITY OF LAKEVILLE, MINNESOTA Enterprise - Liquor Fund Statement of Revenues, Expenditures and Changes in Working Capital For the Six-Month Period Ended June 30, 2025 Variance from 2024 Actual Positive (Negative) Comparative Page 178 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Operating revenues User charges for services 8,150,143$ 2,598,537$ (5,551,606)$ 31.9%2,266,341$ 332,196$ 114.7% Other 75,000 62,963 (12,037) 84.0%187,711 (124,748) 33.5% Total operating revenue 8,225,143 2,661,500 (5,563,643) 32.4%2,454,052 207,448 -226.7% Operating expenses Personnel services 1,904,000 675,130 1,228,870 35.5%801,742 126,612 84.2% Commodities 949,549 266,236 683,313 28.0%287,077 20,841 92.7% Other charges and services 1,952,059 850,378 1,101,681 43.6%826,887 (23,491) 102.8% Major Maintenance 30,000 31,439 (1,439) 104.8%101,157 69,718 31.1% Total operating expenses 4,835,608 1,823,183 3,012,425 37.7%2,016,863 193,680 90.4% Operating income (loss)3,389,535 838,317 (2,551,218) 437,189 401,128 Non-operating revenue (expense) Investment income 54,327 92,146 37,819 169.6%59,708 32,438 154.3% Debt Service (232,725) (23,415) 209,310 10.1%(472,834) 449,419 5.0% Transfers (out)(580,109) (522,045) 58,064 90.0%- (522,045) 0.0% Total non-operating (net)(758,507) (453,314) 305,193 (413,126) (40,188) Net change in net position 2,631,028 385,003 (2,246,025) 24,063 360,940 1600.0% Beginning net position 126,419,489 138,179,425 11,759,936 128,850,088 9,329,337 107.2% Ending net position 129,050,517$ 138,564,428$ 9,513,911$ 128,874,151$ 9,690,277 107.5% CITY OF LAKEVILLE, MINNESOTA Comparative For the Six-Month Period Ended June 30, 2025 Statement of Revenues, Expenditures and Changes in Working Capital Enterprise - Utility Fund Water Operation Variance from 2024 Actual Positive (Negative) Page 179 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Operating revenue User charges for services 8,635,692$ 5,107,258$ (3,528,434)$ 59.1%4,576,398$ 530,860$ 111.6% Operating expenses Personnel services 1,242,775 216,151 1,026,624 17.4%555,580 339,429 38.9% Commodities 140,372 29,634 110,738 21.1%62,987 33,353 47.0% Other charges and services 420,723 102,976 317,747 24.5%661,348 558,372 15.6% Disposal charges 5,622,468 2,811,234 2,811,234 50.0%2,690,874 (120,360) 104.5% Major maintenance projects 980,000 498,013 481,987 50.8%7,200 (490,813) 6916.8% Total operating expenses 8,406,338 3,658,008 4,748,330 43.5%3,977,989 319,981 92.0% Operating income (loss)229,354 1,449,250 1,219,896 598,409 850,841 242.2% Non-operating revenue (expense) Intergovernmental State aid - - - 0.0%- - 0.0% Investment income 47,867 50,443 2,576 105.4%- 50,443 0.0% Debt service (71,750) (295) 71,455 0.4%(65,000) 64,705 0.5% Transfers in 33,766 - (33,766) 0.0%- - 0.0% Transfers (out)(43,064) - 43,064 0.0%(60,192) 60,192 0.0% Total non-operating (net)(33,181) 50,148 83,329 ######(125,192) 175,340 -40.1% Net change in net position 196,173 1,499,398 1,303,225 473,217 1,026,181 316.9% Beginning net position 74,250,464 80,709,062 6,458,598 74,695,434 6,013,628 108.1% Ending net position 74,446,637$ 82,208,460$ 7,761,823$ 75,168,651$ 7,039,809$ 109.4% CITY OF LAKEVILLE, MINNESOTA Statement of Revenues, Expenditures and Changes in Working Capital For the Six-Month Period Ended June 30, 2025 Enterprise - Utility Fund Sanitary Sewer Operation Variance from 2024 Actual Positive (Negative) Comparative Page 180 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Operating revenue User charges for services 1,246,370$ 647,244$ (599,126)$ 51.9%636,354$ 10,890$ 101.7% Operating expenses Personnel services 25,084 - 25,084 0.0%11,570 11,570 0.0% Commodities 103 - 103 0.0%122 122 0.0% Other charges and services 1,129,818 680,240 449,578 60.2%462,932 (217,308) 146.9% Total operating expenses 1,155,005 680,240 474,765 58.9%474,624 (205,616) 143.3% Operating income (loss)91,365 (32,996) (124,361) 161,730 (194,726) -20.4% Non-operating revenue (expense) Investment income 8,204 7,205 (999) 87.8%5,881 1,324 122.5% Debt service (52,762) (50,421) 2,341 95.6%(45,000) (5,421) 112.0% Transfers in (out) - General Fund - - - 0.0%- - 0.0% Total non-operating (net)(44,558) (43,216) 1,342 97.0%(39,119) (4,097) 110.5% Net change in net position 46,807 (76,212) (123,019) 122,611 (198,823) -62.2% Beginning net position 1,175,893 1,152,793 (23,100) 940,928 211,865 122.5% Ending net position 1,222,700$ 1,076,581$ (146,119)$ 1,063,539$ 13,042$ 101.2% CITY OF LAKEVILLE, MINNESOTA Statement of Revenues, Expenditures and Changes in Working Capital For the Six-Month Period Ended June 30, 2025 Enterprise - Utility Fund Street Light Operation Variance from 2024 Actual Positive (Negative) Comparative Page 181 of 182 Unaudited 2025 Percent Adopted 6/30/25 of 6/30/24 Budget Actual Variance Budget Actual Revenues User charges for services 2,048,300$ 1,098,719$ (949,581)$ 53.6%992,368$ 106,351$ 110.7% Total revenues 2,048,300 1,098,719 (949,581) 53.6%992,368 106,351 -95.7% Expenditures - Public works Personnel services 871,649 236,364 635,285 27.1%303,407 67,043 77.9% Commodities 55,978 22,823 33,155 40.8%30,186 7,363 75.6% Other charges and services 1,986,896 508,870 1,478,026 25.6%153,456 (355,414) 331.6% Major maintenance/capital outlay - 1,224 (1,224) 0.0%- (1,224) 0.0% Total expenditures 2,914,523 769,281 2,145,242 26.4%487,049 (282,232) 157.9% Operating income (loss)(866,223) 329,438 1,195,661 505,319 (175,881) 65.2% Non-operating revenue (expense) Intergovernmental 535,000 - (535,000) 0.0%- - 0.0% Investment income 10,221 7,593 (2,628) 74.3%7,593 (0) 100.0% Transfers in (out) Building Fund - - - 0.0%(220,000) 220,000 0.0% Equipment Fund (40,500) - 40,500 0.0%(40,500) 40,500 0.0% Technology Fund (2,384) - 2,384 0.0%(10,792) 10,792 0.0% Water Operating Fund 15,000 - (15,000) 0.0%- - 0.0% Sanitary sewer operations (33,766) - 33,766 0.0%- - 0.0% Total other financing (uses)483,571 7,593 (475,978) 1.6%(263,699) 271,292 -2.9% Net change in net position (382,652) 337,031 719,683 241,620 95,411 139.5% Beginning net position 2,962,282 4,533,737 1,571,455 3,663,270 870,467 123.8% Ending net position 2,579,630$ 4,870,768$ 2,291,138$ 3,904,890$ 965,878$ 124.7% CITY OF LAKEVILLE, MINNESOTA Statement of Revenues, Expenditures and Changes in Working Capital For the Six-Month Period Ended June 30, 2025 Enterprise - Utility Fund Environmental Resources Operation Variance from 2024 Actual Positive (Negative) Comparative Page 182 of 182