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<br />April II, 2005 <br /> <br />Page 5 0(5 <br />Capital Improvement Program Worksession <br /> <br />source for the Ice Arena expenditures as the Ice Arena doesn't make money. Funding <br />sources for the Ice Arena needs will likely be taxes, Equipment Reserves, Equipment <br />Certificates, and Government Buildings Reserve. It should also be noted that 2005 is the last <br />year for our payment to the school for the small theater. Additionally, in 2007 it is predicted <br />that the city will need to spend approximately $152,000 for police radios. This assumes the <br />800 MHz county wide project will take place and, if this is going to happen, then we will <br />likely see additional expenditures for radios for other city departments. <br /> <br />The ten year ClP is a very comprehensive and complex document. The listing of desired and <br />needed improvement projects, land acquisitions, new buildings, and equipment/vehicles is <br />very important but there needs to be some reality added in terms of what we can afford. The <br />financial considerations include net tax capacity increases, concerns over the city tax rate, <br />and the need to add employees into the annual operating budget. <br /> <br />While capital planning is difficult, I believe that the city has been doing very well in meeting <br />its needs in a financially reasonable manner over the past few years. So far I believe that <br />everything has balanced out very well based on City Council priorities. <br /> <br />There will be a few items that staff would like City Council decisions on at the April 11 ClP <br />meeting. These items include: <br /> <br />1. A request to purchase a $30,000 Parks Department truck (1 ton) in 2005 using <br />Equipment Reserves as the currently used vehicle is no longer in a safe operating <br />condition. <br /> <br />2. A request to use $72,000 in Equipment Reserves for a new snowblower for snow <br />removal in the downtown as the old snowblower has broken down and replacement <br />parts are no longer available. <br /> <br />3. A request to use approximately $25,000 in Equipment Reserves for street sweeper <br />rental so that two sweepers can be tested before one is purchased (by way of using <br />Equipment Certificates). <br /> <br />4. Direction on use of the Host Fee for a future land purchase. <br /> <br />5. Council direction on the Library project. <br /> <br />s: \ Council\Pat\2005 \ Worksessions \ ClP.doc <br />