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4.5 SR 12-04-2023
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4.5 SR 12-04-2023
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12/1/2023 1:05:57 PM
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11/30/2023 4:08:58 PM
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12/4/2023
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Funding Sources <br />A variety of funding sources will be utilized to fund the projects and expenditures. Utility <br />funds will provide financing for 57% of the project expenditures. Street improvement <br />projects will be financed from street funds (17%), along with intergovernmental <br />revenues from the state, and federal grants which will add 5% of funding sources. <br />A variety of capital project funds contain money that has been set aside for capital <br />expenditures for facility improvements and the purchase of public works equipment, <br />squad cars, fire apparatus, and technology equipment. <br />Summary of CIP Funding Sources <br />12024 - 2028 CIP FUNDING SOURCES <br />Yet To Be <br />Determined <br />Capital <br />7% <br />Reserve <br />1% <br />Utility Funds <br />57% <br />Equipment <br />Govt <br />Fund Development Fund Building 7% 0% <br />0 /° Grants MnDOT/State Aid <br />4 /° <br />Park Funds <br />5% <br />Street Funds <br />17% <br />)ther Sources <br />1% <br />8 <br />
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