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City of Elk River
<br />Pavement Management Fund
<br />2026 2027 2028 2029 2030
<br />Estimate Estimate Estimate Estimate Estimate
<br />Cash Balance - Beginning $3,011,810 $2,887,810 $2,682,810 $4,144,310 $2,506,310
<br />Revenues:
<br />Charges for Services -
<br /> Franchise Fee 1,613,000 1,629,000 1,645,000 1,661,000 1,678,000
<br />Other Revenue -
<br /> Interest 60,000 58,000 53,500 83,000 50,000
<br /> MSA - Street Maintenance 453,000 458,000 463,000 468,000 473,000
<br /> Total Revenues 2,126,000 2,145,000 2,161,500 2,212,000 2,201,000
<br />Expenditures:
<br />Street Projects - 1,800,000 100,000 3,300,000 100,000
<br />County Projects - cost share 750,000 - - - -
<br />Sealcoat/Overlay program 200,000 200,000 200,000 200,000 200,000
<br />Parking Lots - 350,000 - 350,000 -
<br />Trails/sidewalks 200,000 - 200,000 - 200,000
<br />Main Street reconstruction 1,100,000 - - - -
<br />193rd Avenue Roundabout - - 200,000 - -
<br /> Total Expenditures 2,250,000 2,350,000 700,000 3,850,000 500,000
<br />Revenues less Expenditures (124,000) (205,000) 1,461,500 (1,638,000) 1,701,000
<br />Cash Balance - Ending $2,887,810 $2,682,810 $4,144,310 $2,506,310 $4,207,310
<br />2026 2027 2028 2029 2030
<br />Beginning balance 4,872,750$ 6,041,250$ 2,163,250$ 3,042,250$ 4,959,250$
<br />New Allotment (average)1,806,000 1,842,000 1,879,000 1,917,000 1,955,000
<br />Allocations:
<br /> County Projects - Local cost share - (1,720,000) - - -
<br /> TH10 & 165th Ave Intersection (637,500) - - - -
<br /> 193rd Ave Roundabout - - (1,000,000)
<br /> Pavement Management - Streets - (4,000,000) - - -
<br /> Total Allocations (637,500) (5,720,000) (1,000,000) - -
<br />Ending Balance $6,041,250 $2,163,250 $3,042,250 $4,959,250 $6,914,250
<br />Municipal State Aid - Construction Balance
<br />Page 353 of 379
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