Laserfiche WebLink
4. Water Department Capital 20-Year Projections — Highlights anticipated large non- <br />recurring capital construction projects, recurring capital construction projects, and asset <br />preservation projects through 2044. <br />5. Technical Services and Administrative Capital Budgets — Includes capital projects and <br />capital equipment purchases. Notable items for 2025 include a fiber extension to East <br />substation, and server upgrades. <br />6. Administration and Technical Services Departments Capital 20-Year Projections — <br />Highlights anticipated large non -recurring capital construction projects, recurring capital <br />construction projects, and asset preservation projects through 2044. <br />The utilities utilize a vehicle replacement evaluation system implemented with the city. <br />Additional information on vehicle evaluations is available upon request. <br />FINANCIAL IMPACT: <br />The 2025 Electric Department Capital Budget has decreased compared to the prior year. The <br />main driver of the decrease is the completion of AMI project in 2025 (most of the cost was <br />planned for 2024 but is being pushed out to 2025) and reducing construction of additional <br />feeders from two to one in 2025. As in years past, we will use reserves to pay for the territory <br />expansion costs (approximately $935,000 for 2025). We will also plan on using reserves to pay <br />for the East substation construction, additional feeder work, transformers, and replacement of <br />the digger and bucket trucks. We also plan to do an inter -fund loan from the water department <br />to fund the electric portion of the AMI project. <br />The 2025 Water Department Capital Budget has increased compared to the prior year. We plan <br />on using reserves to pay for the two new wells, water main construction, AMI, Freeport booster <br />station, and fiber projects. <br />In 2022, both the Electric Department and Water Department started a multi -year project <br />implementing AMI. $2,725,000 has been planned for 2025 between the two departments. <br />The Administration and Technical Services Departments' Capital Budgets have decreased <br />compared to the prior year. These projects get allocated to the Electric and Water Departments <br />and are shown as separate lines on their capital budgets. <br />ATTACHMENTS: <br />• 2025 Electric Department Capital Budget <br />0 2025 Electric Department Capital 20-Year Projections <br />• 2025 Water Department Capital Budget <br />• 2025 Water Department Capital 20-Year Projections <br />0 2025 Administration and Technical Services Departments Capital Budgets <br />• 2025 Administration and Technical Services Departments Capital 20-Year Projections <br />Page 2 of 2 <br />79 <br />