Laserfiche WebLink
City of Elk River <br />Park Improvement Fund <br />2025 Estimate Commission Notes 2025 Recmmended Estimate <br />Cash Balance - Beginning $390,121.00 Balance reduced to reflect cost for Trott Brook and Lions Cash Balance - Beginning $165,121.00 <br />Revenues:Revenues: <br />Interest Income $6,000.00 Interest Income $6,000.00 <br />Lacrosse - Oak Knoll Lights $4,450.00 Lacrosse - Oak Knoll Lights $4,450.00 <br />Sponsorships $38,750.00 Sponsorships $38,750.00 <br />Transfer In - Liquor Fund $250,000.00 Transfer In - Liquor Fund $250,000.00 <br />Total Revenues $299,200.00 Total Revenues $299,200.00 <br />Expenditures:Expenditures: <br />Parks and Recreation Master Plan $100,000.00 Half in 2025, half in 2026 Parks and Recreation Master Plan $50,000.00 <br />WHHCA FMR Partnership $6,250.00 WHHCA FMR Partnership $6,250.00 <br />PT Complex $35,000.00 Backstops on all fields, as well as items prioritized by user groups.PT Complex $35,000.00 <br />Ridgewood basketball court $30,000.00 Commission recommends no maintenance.Ridgewood basketball court $0.00 <br />Kliever Lake fields - basketball court $50,000.00 Commission recomends improvements.Kliever Lake fields $50,000.00 <br />Misc Projects $10,000.00 Misc Projects $10,000.00 <br />Parks Equipment Replacement Parks Equipment Replacement <br />Country Crossings playground $150,000.00 Commission recommends removing equipment, obtaining community feedback Country Crossings playground $0.00 <br />Deerfield Hill Park basketball court $50,000.00 Deerfield Hill Park basketball court $50,000.00 <br />Ridgewood basketball court $30,000.00 This item is listed above as a separate item, so does not need to be here.Ridgewood basketball court $0.00 <br />Trott Brook Farms Park parking lot $20,000.00 Parking area was resurfaced in 2024, so does not need to be included in 2025.Trott Brook Farms Park parking lot $0.00 <br />Woodland Trails Nature Play area $75,000.00 Staff does not believe this is a priority for 2025.Woodland Trails Nature Play area $0.00 <br />Total $556,250.00 Total $201,250.00 <br />Revenues over/(under) Expenditures ($257,050.00)Revenues over/(under) Expenditures $97,950.00 <br />Cash Balance - Ending $133,071.00 Cash Balance - Ending $263,071.00 <br />Page 56 of 57