2024 City of Hopkins BudgetCity of Hopkins, Minnesota
Annual Budget
January 1 - December 31, 2024
Inspire ● Educate ● Involve ● Communicate
City of Hopkins
1010 First St S
Hopkins, MN 55343
952-935-8474
www.hopkinsmn.com
CITY OF HOPKINS BUDGET
FISCAL YEAR BEGINNING JANUARY 1, 2024
City Council
Term Expires
Mayor Patrick Hanlon ....................December 31, 2023
Councilmember Gerard Balan .................December 31, 2025
Councilmember Heidi Garrido .................December 31, 2025
Councilmember Brian Hunke .................December 31, 2023
Councilmember Alan Beck ..................December 31, 2023
Management Team
Mike Mornson .........................City Manager
Kersten Elverum ...............Director of Planning & Development
Ari Lenz .......................Assistant City Manager
Nick Bishop ........................Director of Finance
Kelly O’Dea ........................Recreation Director
Brent Johnson ..........................Police Chief
Dale Specken ...........................Fire Chief
Chuck Autio .....................Director of Public Works
This document was developed and compiled by the Finance Department, City of Hopkins
CITY OF HOPKINS
TABLE OF CONTENTS
Introduction/Background
City Manager’s Budget Message ...........................................................................................4
Distinguished Budget Presentation Award ............................................................................8
Organization Chart .................................................................................................................9
Community Profile ................................................................................................................10
Organization Structure .........................................................................................................13
Organization Mission Statement, Vision & Goals ................................................................14
Financial Management and Policies ....................................................................................15
Budget Calendar ...................................................................................................................18
Budget Planning Process .....................................................................................................20
Fund Structure ......................................................................................................................21
Budget Overview
Authorized and Approved Staffing Levels ............................................................................25
2024 Summary Budget Information by Major and Non-Major Funds .................................27
2024 Budget Summary – All Funds .....................................................................................28
2024 Revenue Summary – All Funds ..................................................................................30
2024 Appropriation Summary – All Funds ...........................................................................34
Property Tax Information ......................................................................................................37
Fund Balance........................................................................................................................42
Debt Overview ......................................................................................................................45
Capital Improvements Overview ..........................................................................................50
General Fund Budget Projection ..........................................................................................53
Other Major Funds Budget Projections ................................................................................57
General Fund ............................................................................................................................61
Special Revenue Funds ..........................................................................................................125
Enterprise Funds .....................................................................................................................158
General Debt Service Funds...............................................................................................175
Glossary ..................................................................................................................................176
City of Hopkins
1010 First Street South Hopkins, MN 55343-7573 Phone: 952-935-8574 Fax: 952-935-1834
Web address: www.hopkinsmn.com
January 2024
Residents, Honorable Mayor, City Council
City of Hopkins
Hopkins, Minnesota 55343
Dear Residents, Mayor and Council Members:
It is my pleasure to present to you the City of Hopkins 2024 Budget. Hopkins’ strong financial position and
proactive fiscal management practices allowed options for the City Council to maintain a service delivery at
current levels while minimizing the impact on the 2024 tax levy. The final result is an adopted 2024 budget
totaling $44,171,088 of which $18,421,803 is the General Fund. This budget lives within the City’s
financial resources, meets basic service needs, provides for the maintenance and replacement of
the City’s infrastructure, and plans for the future, keeping Hopkins’ good financial condition intact.
The Municipal Budget is intended to reflect the goals, objectives, and priorities established by the City Council
with input from the residents and taxpayers of Hopkins, and fairly represent the revenues and expenditures
necessary to provide the services and programs desired by the community.
The city governing body involves its’ residents and constituents through its mission and vision statement
“Inspire • Educate • Involve • Communicate” by: conducting Hopkins Academy for residents, providing a state
of the city address, publishing a city annual report, and communicating with the community as often as
possible regarding many city initiatives and proposed polices. The budget adoption is a significant way in
which the City Council expresses their leadership. The City Council establishes budget goals, which are
accurately reflected in this budget.
2024 BUDGET DEVELOPMENT
The City has developed a number of elements that have been brought together to provide the best information
for the Council to make their budget decisions. These elements include the following:
Strategic Planning Process – The Council has a mission and vision statement, which helps
determine the priorities of the community and direct the council in providing services for its
constituency. As part of the process annual goals and objectives are set.
Program Budgeting – This provides more information in regards to what programs departments
provide and what is the individual cost of those programs. This accomplishes the objective of
reviewing revenues and expenditures based on program activity.
Four Year Budget Modeling – Encourages future planning for the General Fund budget and allows
us a preview at projected property tax levy needs over the next four years.
Cash Flow Models – Cash flow projections are created for all funds to provide us with a view of
future sources and uses within the various funds and for the City as a whole. This assists in long
range planning and goal setting.
Net Property Tax Cost for Median Value Home – A Financial Management Plan model is being
used that can provide council with long range estimates of the tax changes on a median value
home. The model incorporates many variable that can affect tax rates, including projected operating
costs, future debt service, capital costs, and changes to the tax base.
Net Tax Cost by Program – This provides both a dollar and percentage of property tax support for
each of the City’s general fund programs.
Community Engagement - Informs residents of the difficult decisions made during the budget
process and assists City Council in determining what programs and services are most valued by the
community. Opportunities for engagement have included: information kiosks, a budget survey and a
community budget event.
City of Hopkins Mission Statement
Inspire Educate Involve Communicate
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CITY OF HOPKINS
HOPKINS IN 2023
In the year 2023, the nation's economy continued to adapt and grow after the COVID-19 pandemic. 2023 saw
continued challenges to the City and service delievery. All core services have been provided in 2023 with
some revised service models. Program budgeting has helped in our analysis of city services, while we look at
ways to continue to as efficient as possible. The Council and city staff also continues to investigate additional
revenue sources.
In 2023, the City’s tax base continued to grow due to market growth and redevelopment, with the largest
increases coming from commercial and industrial properties. The City's total tax capacity increased 5.5% due
mainly to these factors. In 2023 the overall taxable market value increased by 5.6% due to the same factors.
The city’s levy has increased an average of 4.3% per year over the last five years. The City’s general fund
expenditures have increased an average of 5.1% a year over the last five years. This increase is directly
related to salary and benefit increases for employees, insurance costs and infrastructure. Diligent planning
and management has helped in keeping operating expenditures down.
The employee compensation has remained competitive in the market for both those with and those without
labor contracts. This was affirmed by a Compensation Study conducted during 2023. The number of
employees will increase from 117 to 123 with the 2024 Budget. A variety of funding sources have been used
to almost eliminate any tax levy burden of these positions.
ECONOMIC OUTLOOK
Hopkins is a diverse community made up of a healthy mix of residential, commercial and industrial properties.
United Natural Food Inc. purchased Supervalu, the largest food wholesaler in the nation, during 2018. United
Natural Food Inc. is a Fortune 500 company that now has a strong presence in Hopkins. Excelsior Crossings
is a large corporate campus with three buildings totaling over 900,000 square feet and room for approximately
4,000 employees. A division of another fortune 500 company, US Bank, occupies a significant portion of the
campus. Digi International, a technology company, is now headquartered in one of the three Excelsior
Crossing buildings.
Hopkins economic outlook has remained relatively stable. The City is an attractive place to live and is
expanding its tax base through the redevelopment of most multifamily dwellings. Hopkins is an inner-ring
suburb of Minneapolis with a good mix of 52% residential, 24% commercial and industrial and 24% apartment
properties (based on estimated market values). Hopkins participates fully in the Minneapolis and Hennepin
County economies. Hopkins has preserved its central downtown area where development continues because
of its highly desirable location. Hopkins wealth levels are above average when compared nationwide.
REDEVELOPMENT
Significant redevelopment has occurred within the City of Hopkins over the past five years. This
redevelopment has contributed substantially towards the increase in property values and by making Hopkins a
more desirable place to live and work. Some of the more recent projects are:
Redevelopment of a vacant office and clinic site into 163 luxury apartments with retail space
Redevelopment of a vacant downtown building into a craft brewery and tap room.
Redevelopment of a former office building into 241 high end luxury apartments and retail space.
Redevelopment of ten duplexes into 51 affordable apartments adjacent to public transit and parks.
Infill development of a 43 unit affordable apartment building on an existing parking lot
Redevelopment of an underlitized commercial building into a 250 apartments, and mixed use retail
Transformative redevelopment of 13-acre cold storage facility into 833 units of varying housing
types, a 5-story 116-unit low income housing development was competed in 2023
In addition to projects other development continues in Hopkins. During 2023, construction continued on
Southwest Light Rail Green Line Extension. This is the largest public works project in Minnesota’s history and
will have three stations located in Hopkins. The project will make Hopkins an attractive area for
redevelopment. The City has seen an increased interest in properties near the station areas for
redevelopment, especially apartments.
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CITY OF HOPKINS
LONG TERM OBJECTIVES
The City Council and staff have established long term objectives for the community and the working
environment
Increase ratio of residential properties.
Maintain the high quality of our livable community.
Increase tax base to spread share of tax burden.
BUDGET OBJECTIVES FOR 2024
Maintain core City services at a reasonable price for residents and commercial/industrial users.
Use program budgeting as a tool for analysis of all programs and services to:
look for ways to reduce dependency on the property tax,
find greater efficiencies in the provision of current services and programs,
compare staffing levels to workloads to assure proper allocation of resources,
create greater linkages between revenues and expenses, to allow for more entrepreneurial
approaches to non-essential services.
Forecast funding needs and tax implications to assure strong long-term financial stability.
Continue policy of avoiding the use of fund balances for operating expenses.
Recognize and award employees that assist the City in saving money.
Evaluate and investigate other sources of revenue.
BUDGET CONSIDERATIONS
These are areas to consider that may affect the budget during the next few years.
State Tax Reform:
Property Classification Changes – In the past there has been a tendency to shift some of the tax
burden back to residential taxpayers from commercial/industrial taxpayers.
Tax Increment Finance – Any changes in property classifications impact property taxes
generated by TIF districts. Currently the tax generated in the various districts is projected to be
sufficient to cover any debt or liabilities created in the districts.
Property Tax Freeze and/or Levy Limits – Levy limits have been on and off again since 2008.
This uncertainly poses budget challenges as cities are uncertain if they will again be re-instated.
For the 2024 budget year there were no levy limits which give cities more budget flexibility in
meeting the needs of their residents while maintaining essential city services.
State Aids – The City of Hopkins no longer receives significant state aids as a revenue source
however the legislature did increase the amount of Local Government Aid (LGA) allocated to
Cities for 2024. The city received approximately $926,000 of LGA in 2023 and will receive
approximately $1,081,000 in 2024.
Real Estate Values – Overall real estate values in this community increased by approximately 5.6% in 2023.
This resulted in an increase in the City’s tax capacity of 5.5% due to varying tax capacity rates between
residential, apartment, commercial and industrial properties.
Overall, general fund budgeted expenditures will increase by 7.18% in 2024 due to salaries and benefits
increases and rising I.T. costs, creating a Diversity Equity & Inclusion budget and addition of one full time
position. The general fund was offset by a one-time use of fund balance based on an operating surplus in
2022. At the time of this budget, we project an average 4.00% increase for 2025-2028. Future programs and
services provided by the City of Hopkins may change in relation to available revenue sources. The City
Council and staff along with their financial advisor will be updating the City’s long-range financial management
plan that assists in current and future budgeting. The plan was adopted in 2014 and was implemented for the
2015 budget and is used for budget planning each year. This planning assists in minimizing the impacts of
potential tax freezes, additional state aid losses and sets forth a plan to stabilize all funds.
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CITY OF HOPKINS
Fund Balances for governmental fund types will continue to be strong for the next 3 to 4 years, absent any
significant changes in the policy of avoiding the use of fund balance reserves for current expenditures.
GAUGING THE CITY
The City uses the following performance measures:
Tax levy history in relation to the consumer price index.
Tax Impact on Median Value Home
Comparisons of comparable communities
Goal achievement
2024 BUDGET ADOPTION
Overall the budget objective is to provide quality services at a reasonable cost, while keeping tax rates fairly
constant In the past this has been accomplished through increased net tax capacity levels and keeping the
tax levy at a reasonable amount while at the same time allowing the City enough funds to continue with the
level and quality of service it currently has. This has been particularly challenging the last few years as the
City continues to make infrastructure improvements.
The city’s tax rate has steadily dropped over the past five years ranging from 69.301% in 2020 to a proposed
rate of 59.860% in 2024. The proposed 2024 city tax rate of 59.860% is a 1.57% decrease from 2023.
The adopted General Fund budget has a 7.18% expenditure increase for a total General Fund Budget of
$18,421,803. The total tax levy increase for 2024 is 4.86%. The levy includes funds designated for general
fund operations, Arts Center, Pavilion, equipment replacement and debt service payments. The monthly city
tax cost for a median valued home of $369,300 is about $182 or approximately $2,187 for the year not
including credits for state programs.
The city’s goals and objectives were once again reviewed and updated by city staff, commissions, residents
and the City Council. They are integral part in meeting the needs of the residents. The goals and strategic
plans set at the beginning of 2023 are included in the budget document on pages 14-15.
Sincerely,
CITY OF HOPKINS
Michael J. Mornson
City Manager
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CITY OF HOPKINS
The Government Finance Officers Association of the United States and Canada (GFOA) presented a
Distinguished Budget Presentation Award to City of Hopkins, Minnesota for its annual budget for the
fiscal year beginning January 1, 2023. In order to receive this award, a government unit must publish a
budget document that meets program criteria as a policy document, as an operations guide, as a
financial plan, and as a communications device.
This award is valid for a period of one year only. We believe our current budget continues to conform to
program requirements, and we are submitting it to GFOA to determine its eligibility for another award.
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CITY OF HOPKINS
COMMUNITY PROFILE
The first settlers of Hopkins arrived in 1852; however, the roots of the town begin in 1887 with the building
of the Minneapolis Threshing Machine Company, later called Minneapolis Moline. Minneapolis Moline
once employed most of the Hopkins residents. The West Minneapolis Land Company was also founded in
1887 and was formed to build housing for the Minneapolis Moline factory workers. In 1893, the Hennepin
County Board of Commissioners received a petition signed by 41 residents, asking that the village be
formed. Following an election, the community was then incorporated as the village of West Minneapolis.
The original village was comprised of three square miles, and it has been enlarged by annexation to its
present size of about four square miles. The population at the time of its incorporation was 1,105; today,
there are 19,713 people living in Hopkins. In 1928, the name of the village was changed to Hopkins - for
Harley H. Hopkins who was among its first homesteaders and was the community's first postmaster. The
first mayor was Harley Hopkins' son, Chester L. Hopkins.
On January 1, 1948, the village became a city upon adoption of a City Charter with a Council/Manager
form of government. The City Council consists of four council members and the mayor. Council members
serve four-year terms and are elected at large. The mayor is elected at large for a two-year term. The
governing council is responsible, among other things, for passing ordinances, adopting the budget,
appointing committees and hiring the City manager.
Hopkins has always had a core business district, and in the center of that early business district was
Hopkins City Hall at 8th Ave N and Mainstreet. Completed in 1912, it housed the city's police and jail in the
rear portions, and city offices, library and meeting room upstairs. The fire station was on the main level,
and the firefighters used horse drawn rigs. The building was remodeled in 1940 to accommodate more fire
trucks.
That fire station was torn down in 1965 after a new City Hall, Police Station and Fire Station were built at
1010 1st St S. In 2004, a new Fire Station was built on 17th Ave. The Police Department was expanded
and remodeled in 2005. City Hall was renovated 2019. In the summer of 1982, the city and its Public
Works Department accomplished the challenge of building a city garage on a small area, using as many
of the existing structures as possible, doing it within a $475,000 budget, and doing it without disrupting city
services. The Public Works facility was expanded and remodeled in 2004.
Adjacent to the Public Works facilities is the Hopkins Pavilion, which was built with money from a 1989
park bond referendum. The facility opened in December 1991. It is now one of the premier facilities of its
kind in the Twin Cities area, and is used for soccer, lacrosse, in-line roller hockey, skating and ice hockey.
The facility was expanded and remodeled in 2018. The Hopkins Activity Center, a multipurpose
community facility, opened in January 1981 at the site of the former South Junior High School. A variety of
programs for people of all ages are offered at the Activity Center. It was renovated in 1990, and the facility
includes a gymnasium, meeting rooms and kitchen. The Hopkins Historical Society, which was started
more than 30 years ago, also is located in the Activity Center.
The Hopkins Center for the Arts, 1111 Mainstreet, opened in November 1997. The Arts Center stands as
a focal point for arts, culture and entertainment in the Hopkins community, the Twin Cities metro area and
the region. It is a community-gathering place where young and old can enjoy high quality, multi-disciplinary
cultural arts programs and community activities. The Arts Center includes a theater, a visual arts gallery,
multipurpose spaces for rehearsals, community activities and small performances, a visual arts
classroom, a dance studio, and kitchen facilities for serving catered food.
It addition to its facilities, the City of Hopkins is home to the annual Raspberry Festival, now in its 87th
year. The first festival was organized in 1934 by a group of community business people who were
concerned that the Hopkins economy and community needed a boost.
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Minnesota
CITY OF HOPKINS
Hopkins is a suburban city in Hennepin County, Minnesota located just 13 minutes west of the Twin Cities
of Minneapolis and St. Paul. The City is four square miles in size surrounded by larger suburban
communities. Hopkins is about 98% developed with little remaining vacant land. U.S. Route 169 and
Minnesota Highway 7 are two of the main arterial routes in the City. Hopkins is a dynamic community of
almost 20,000 residents. Founded rich in tradition and growth, Hopkins offers the advantages and
conveniences of a large City but yet the security of a small town. The residents and the business
community have an enormous sense of pride and support for their City. Travel any street and you will see
and feel the reflections of pride and vitality. Hopkins has enriched its spirit of community by remaining a
place where people are treated with respect; where the community participates in building culture,
character and common bonds; where business growth is supported while a vibrant City Center is
maintained; where people feel safe, support outstanding schools and celebrate cultural heritages; and
where people enjoy quality parks, housing and public services.
Through education, inspiration, involvement and communication, the City Council, City Staff, members of
the Boards and Commissions, the business district and the neighborhood associations are committed to
enhancing the quality of life in Hopkins.
Burnes Park Splash Pad
Population:
1920 3,055
1930 3,834
1940 4,100
1950 7,595
1960 11,380
1970 (census)13,395
1980 (census)15,336
1990 (census)16,534
2000 (census)17,145
2010 (census)17,591
2020 (census)19,084
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CITY OF HOPKINS
CITY STATISTICS:
Founded 1852 School Enrollment 8,225
Dated of Incorporation November 27, 1893 Education
Date of Adoption of City Charter December 20, 1947 Elementary Schools 6
Form of Government Council - Manager Middle Schools 2
Fiscal Year Begins January 1, 2024 High School 1
Area of City 4.1 Square Miles Private Schools 8
2,616 acres Charter Schools 2
Housing
Single Family 2,594 Elections:
Multiple Family 5,680 Registered Voters - last general election 10,820
Duplexes 500 Number of votes cast last general election 2,072
Townhouses 690 Percentage of registered voters voting 19%
Population by Age City Bond Rating
0 to 19 4,256 Stand & Poor's AA+
20 to 64 11,893
Over 65 2,935
Miles of Streets and Alleys:
Income by Household Trunk Highways 3.57
Less than $50000 27.0%County 5.32
$50,000 - $100,000 28.0%City Streets 47.5
$100,000 - $200,000 28.0%Alleys 9.52
$200,000 or more 17.0%
Miles of Sewers:
Storm Sewers 21.4
Median Household Income $ 70,100 Sanitary Sewers 45.46
Per Capita Personal Income $ 45,300
Unemployment Rate 2.6%Miles of Watermains 52.6
Population Composition Civil Defense Warning Sirens 3
White 59.31%
African American 20.19%Fire Protection:
Hispanic or Latinx 7.62%Number of Stations 1
Asian 5.25%Number of FT Employees 5
Two or More Races 7.15%Volunteer Firefighters 32
Native American 0.21%
Other Races 0.27%Police Protection:
Number of Stations 1
Number of Employees 38
Total Property Values $2.734 billion Parks
City Parks 16
Playgrounds 11
Skating Rinks 7
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CITY OF HOPKINS
ORGANIZATION STRUCTURE
The home rule charter of the City was adopted on December 2, 1947 and serves as the basis for the
government operations of the City. The City utilizes the council-manager form of municipal government. The
City Council is comprised of the mayor and four council members. The mayor and the council members are
elected at large. The council members serve a four-year term and the mayor serves a two-year term. The
city manager is the chief administrative officer of the City. The city manager is selected by the City Council
and serve an indefinite term. The city manager controls and directs the administration of the City’s affairs and
therefore, supervises all departments and divisions of the City. City boards and commissions serve in an
advisory capacity to the City Council.
The City is managed through seven departments, each with a department head who reports to the city
manager. The organizational hierarchy is shown on page 9. The hierarchy does not always match financial
reporting requirements (as shown on page 25). Pages 62-171 provide information on the Functions are
several programs. A description of each program, its objectives and budgets are presented in this document.
A description of each of the departments is included in this document. Within each department are several
programs. A description of each program, its objectives and budgets are presented in this document.
The City utilizes several commissions to advise, prioritize or implement various city issues or projects
throughout the year. These commissions are comprised of volunteer residents and an appointed staff
member as a liaison. The Charter commission reviews the city charter for appropriateness and also
recommends changes to the charter. They meet annually or more often as needed. The Zoning and Planning
commission meets monthly and reviews and recommends zoning applications, changes to zoning
ordinances and recommends possible future economic development for the City. The Park board meets
monthly to review park and recreation programs use and recommends future programs and development for
parks.
MISSION, VISION AND GOALS
Long-range goals for the City are:
o Continually enhance partnerships with residents.
o Inspire resident leadership.
o Educate and involve residents.
o Communicate openly and effectively.
o Be responsive.
o Be fiscally responsible.
o Provide quality customer service that is:
Responsive to the needs of the community.
Innovative.
Accessible.
Short-term goals are reviewed annually by City Council and staff. The discussion begins with the global
environment and ends with prioritizing goals for the near future. Below are the mission, vision and short- term
goals for the City along with the strategies and action steps needed to implement them. The budget is
developed using the three main goals along with the strategies as guidance. Departments then use the
action steps in setting individual departmental goals and budgets so that resources are available to achieve
the action steps identified.
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CITY OF HOPKINS
FINANCIAL MANAGEMENT AND POLICIES
The City of Hopkins Finance Department is responsible for maintaining the accounting system and
monitoring compliance with the budgetary controls and financial policies established by the City Manager and
City Council. Following is an overview of relevant financial management practices, policies and year- end
reporting.
BASIS OF ACCOUNTING
The accounting system provides for a complete, self-balancing account group for each fund of the City.
Accounting records are maintained on the modified accrual basis for City funds. The exception is the
proprietary funds, which are on full accrual. The modified accrual basis of accounting recognizes revenues to
the degree that they are available to finance expenditures of the fiscal period. Similarly, debt service
payments and a number of specific accrued liabilities are only recognized as expenditures when payment is
due because it is only at that time that they normally are liquidated with expendable available financial
resources. The budgetary basis of accounting is the same basis of accounting used to prepare the City’s
financial statements as included in the City’s Comprehensive Annual Financial Report at the fund statement
level.
ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR)
The City implemented Governmental Accounting Standards Board (GASB) Statement No. 34 for the year
ending December 31, 2003. The statement also requires the City to utilize the economic resources
measurement focus as well as the accrual basis of accounting.
The City operates on a calendar fiscal year and reports its year-end financial position in an Annual
Comprehensive Financial Report (ACFR), prepared by the City’s Finance staff. The ACFR is available to the
public through the City’s website or by request.
The 2023 ACFR will be audited by the independent auditing firm of Abdo to insure accuracy and compliance
with federal and state laws and regulations. State law provides that the City may arrange for an examination
of its books, records, accounts and affairs, or any part thereof, by the State Auditor or by Certified Public
Accountants. It has been a long-standing policy of the City to provide for a complete annual audit of the City
records by independent Certified Public Accountants.
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a
Certificate of Achievement of Excellence in Financial Reporting to the City of Hopkins for its ACFR for the
fiscal year ended December 31, 2020. The City believes ACFR for the fiscal year ended December 31, 2022
also meets the program criteria and will receive the award. The Certificate of Achievement is a prestigious
national award recognizing conformance with the highest standards for preparation of state and local
government financial reports.
CAPITAL IMPROVEMENT PROGRAM (CIP) POLICY
The City annually develops a 5-year plan for capital improvements and updates it annually. The five-year
budget capital improvement will be approved and incorporated into the operating budgets. The following
year’s budget will be adopted with the year after that on a cycle consistent with the operating budgets. The
complete CIP document can be downloaded from the city’s website at www.hopkinsmn.com and is a
companion document to the Annual Budget.
The City will identify the estimated cost and potential funding sources for each capital project proposal before
it is submitted to the Council for approval and that process will determine the most cost effective financing
method for the proposed project. The City will make all capital improvements in accordance with the adopted
capital improvement program or as amended by the City Council. Capital purchases not otherwise funded
through an approved budget shall require City Council approval. The City will maintain all its assets at a level
adequate to protect the City’s and its resident’s capital investment and to minimize future maintenance and
replacement costs.
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CITY OF HOPKINS
EQUIPMENT REPLACEMENT PLAN (ERP) POLICY
The City annually develops a 5-year plan for equipment replacement and updates it annually. The five- year
budget equipment replacement plan will be approved and incorporated into the operating budgets. The
following year’s budget will be adopted with the year after that on a cycle consistent with the operating
budgets. The complete ERP document can be downloaded from the city’s website at www.hopkinsmn.com
and is a companion document to the Annual Budget.
The City will identify the estimated cost and potential funding sources for each equipment proposal before it
is submitted to the Council for approval and that process will determine the most cost effective financing
method for the proposed equipment purchase. New pieces of equipment not previously in the equipment
replacement plan must first be financed through the departmental budget and will be placed in the equipment
replacement plan the year following the purchase. The City will make all equipment purchases in accordance
with the adopted equipment replacement plan or as amended by the City Council. Equipment purchases not
otherwise funded through an approved budget shall require City Council approval.
The City will maintain all its equipment assets at a level adequate to protect the City’s and its citizen’s capital
investment and to minimize future maintenance and replacement costs.
BUDGETARY AND FINANCIAL CONTROL POLICIES
The council shall have full authority over the financial affairs of the City.
City manager shall control and direct the administration of the City's affairs.
The manager shall prepare the budget annually and submit it to the council and be responsible for
its administration after adoption.
The manager will prepare and submit to the council at the end of the fiscal year a complete report
on the finances and administrative activities of the City for the preceding year; and keep the
council advised of the financial condition and future needs of the City.
The annual budget shall provide a complete financial plan for the budget year by fund.
The council shall levy the taxes necessary to meet the requirements of the budget for the ensuing
fiscal year.
The city clerk shall be the chief purchasing agent of the City.
The City will maintain an investment policy that invests available funds to the maximum extent
possible, at the highest rates obtainable at the time of investment, in conformance with the legal
and administrative guidelines. Any money in any fund belonging to the City, or any branch thereof,
may be invested by the city manager according to policies adopted by the City Council.
The finance director shall be the chief accounting officer of the City and shall submit to the council
a statement each quarter containing information relative to the finances of the City as the council
may require. Each year the finance director shall submit a report to the council, no later than June
30, covering the entire financial operations of the City for the past year. This report shall follow the
style and form, as far as practicable, prescribed for annual City financial reports and copies will be
made available to interested parties.
BUDGET CONTROLS
Budgets are complete financial plans for the future by fund, showing all proposed expenditures and
estimates of all anticipated revenues. The council may include or exclude at its discretion any fund, except
the general fund. The budget shall be submitted to the council at a regular council meeting, in a manner
prescribed by state statute, not less than 30 days prior to final approval. The budget is a public record open
to public inspection. The council shall hold a public hearing on the budget and it shall make such changes
therein as it deems necessary and adopt the budget by resolution.
BALANCED BUDGET – It has been City policy to annually approve a balanced General Fund budget. A
balanced budget is a budget in which expenditures are equal to income. Other City funds may or may not
have a balanced budget depending on when funding is received for specific expenditure needs. For
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CITY OF HOPKINS
example a grant may be budgeted for expenditures that may overlap years. Thus all revenues would be in
one year and the expenditures would be in multiple years.
BUDGET BASIS – Governmental budgets are prepared on the modified accrual basis and enterprise
budgeted on an accrual basis. Budgets are estimates and may be amended under the following guidelines.
PREPARATION OF THE ANNUAL BUDGET – The annual budget shall provide a complete financial plan for
the budget year by fund, showing all proposed expenditures and estimates of all anticipated revenues
applicable to proposed expenditures and any other information the council may require or the city manager
might deem desirable. In parallel columns shall be shown the amounts, if any, granted and expended under
similar heads for the past two complete fiscal years and, as current as possible, for the immediate past fiscal
year. The council may include or exclude at its discretion any fund, except the general fund. The budget shall
be submitted to the council at a regular council meeting, in a manner prescribed by state statute, not less
than 30 days prior to final approval. It shall be a public record open to public inspection by anyone and the
city manager shall cause sufficient copies thereof to be prepared for distribution to the mayor, members of
the council and interested persons.
ADOPTION OF THE BUDGET – The council shall hold a public hearing on the budget and it shall make
such changes therein as it deems necessary and adopt the budget by Resolution.
ENFORCEMENT OF THE BUDGET – Except as set forth in Section 7.16, the city manager or the City
Council shall not approve any expenditure uncovered by the budget. The City Council may approve
expenditures uncovered by the budget if there is sufficient unexpended balance left after deducting the total
past expenditures and the sum of all outstanding bills, orders and encumbrances. No employee of the City
shall place any orders or make any purchases except for the purpose and to the amounts authorized in the
budget. Except as in this Charter otherwise provided, any obligations incurred by any person in the employ of
the City for any purpose not authorized in the budget or for any amount in excess of the amount therein
authorized shall be a personal obligation upon the person incurring the expenditure.
ALTERATIONS IN THE BUDGET – Except as set forth in Section 7.16, after the budget shall have been duly
adopted, the council shall not have power to increase the amounts therein fixed, whether by the insertion of
new items or otherwise, beyond the estimated revenues, unless the actual receipts shall exceed such
estimates, and in that event not beyond such actual receipts. The sums fixed in the budget are appropriated
at the beginning of the fiscal year for the several purposes named therein. The council may reduce salaries
or the sums appropriated for any other purpose, or authorize the transfer of sums from unexpended
balances to other purposes.
Budgets are adopted by fund and are appropriated for several purposes. The council may reduce
appropriations within any fund and re-appropriate those funds within the same fund for other purposes. The
council may also increase appropriations if actual receipts exceed budgeted revenues. The increase in
appropriations cannot exceed the excess in budgeted revenues. The budget, as presented in this document,
is developed for each program within a department. For example, the Finance department is made up of
several programs including Benefit Administration, Payroll, Utility Billing, etc. For management purposes, the
sum of the program expenditures may not exceed the total budget for the specific department. For legal
purposes, the general fund total expenditures cannot exceed the total general fund appropriation. The
council must budget for the general fund but budgets for all other funds are at their discretion.
Budgets are adopted on a basis consistent with generally accepted accounting principles and are defined on
the same basis of accounting described below. Annually appropriated budgets are legally adopted for the
general fund. Budgeted amounts are reported as originally adopted, or as amended by the City Council.
Budgeted expenditure appropriations lapse at year-end. Unexpended or supplementary appropriations can
be carried forward if approved by the City Council. Encumbrances represent purchase commitments.
Encumbrances outstanding at year-end are reported as reservations of fund balances and the budgets
associated with them are carried forward to the next year.
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The City follows the procedures below in establishing the budget.
1. The city manager and finance director submits to the City Council a proposed operating budget for the
fiscal year commencing the following January 1.
a. The operating budget includes proposed expenditures and the estimated revenues for the general
fund, specified special revenue funds requested by City Council, enterprise funds, internal service
funds and debt service funds.
b. Capital project funds for the City are not budgeted annually but are included in the Capital
Improvement Plan approved by the City Council. Capital projects are approved by the City Council
on a per project basis.
2. Public hearings are conducted to obtain taxpayer comments.
3. The general fund budget is enacted through passage of a resolution.
2024 BUDGET CALENDAR
January 6 Meet with Council to set parameters and goals for 2024 budget process
April 17 Distribute budget worksheets to departments
May 2 City Council reviews long term street reconstruction plans
June 9 Departmental budgets to be completed and returned to finance
June-July Finance reviews and compiles budget summary
July 18 First draft of the general fund budget and tax levy presented to City Council
August 14 Public presentation about first draft of general fund budget and tax levy
August - September City Council reviews budget and tax levy
September 19 City Council adopts preliminary levy and budget
September 20 Proposed 2024 levy certified to Hennepin County
October - November City Council reviews budget and tax levy
December 4 Public Hearing on Budget, Approval of final budget and tax levy
December 5 Final 2025 levy certification to Hennepin County
INTERNAL CONTROLS
In developing and altering the City’s accounting system, consideration is given to the adequacy of internal
accounting controls. These controls are designed to provide reasonable, but not absolute, assurance
regarding the safeguarding of assets against loss from unauthorized use of disposition and the reliability of
financial records for preparing financial statements and maintaining accountability for assets. the concept of
reasonable assurance recognizes the cost of a control should not exceed the benefits likely to be derived,
and the evaluation of costs and the benefits requires estimates and judgments by management. All internal
control evaluations occur within the above framework. We believe the City’s internal accounting controls
adequately safeguard assets and provide reasonable assurance of proper recording of financial transactions.
CASH MANAGEMENT
The investment portfolio of the City is designed to attain an average rate of return regularly exceeding the
average return on three month US Treasury Bills, while seeking to augment returns above this threshold
consistent with budgetary cycles, economic conditions, risk limitations, and prudent investment principles.
Portfolio diversification is considered so that investments are not concentrated in one institution, in one type
of investment, or purchased from one dealer. Pursuant to this policy, cash temporarily idle during the year
was invested in those investments authorized by law
RISK MANAGEMENT
The City has an informal risk management policy, the purpose of which is to maintain the integrity and
financial stability of the City, protect its employees from injury, and reduce overall costs of operations. The
City has insurance coverage through the League of Minnesota Cities Insurance Trust (LMCIT) to ensure
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City property, contractors and miscellaneous equipment, crime, employee performance bonds, autos and
general liability. General liability coverage amounts to $1,000,000 per occurrence (and aggregate), with a
$20,000 per occurrence, $40,000 aggregate deductible.
DEBT
The City will confine long-term borrowing to capital improvements, equipment or projects that have
a life of more than 10 years and cannot be financed from current revenues.
The City may issue debt for its Permanent Revolving fund, which pays for any improvement in
which part of the cost of the improvement is to be assessed against the benefiting properties.
The City may also issue revenue bonds that are paid back directly from revenue sources other than
debt levies.
The City may submit to voters the proposition of issuing debt for any public purpose not prohibited
by law, and issue the debt upon a favorable majority vote.
Whenever possible, the City will use revenue (including G.O. backed revenue) or other self-
supporting type bonds instead of general obligation bonds.
The City will maintain frequent and regular communication with bond rating agencies about its
financial condition and will follow a policy of full disclosure in every financial report and bond
prospectus. The City will comply with Securities Exchange Commission (SEC) reporting.
The City will keep the total maturity length of general obligation bonds below 25 years. In all cases
the maturity shall be shorter than the life of the related assets.
Net general obligation debt (as defined above) will not exceed 3% of the estimated full market value
of taxable property in the City as required by Minnesota Statutes Section 475.53.
The City may issue emergency bonds to pay for extraordinary expenditures or to cover a shortfall in
revenues for budgeted expenditures. Emergency bonds must mature within ten years of issuance.
One tenth of the amount is to be levied the first year following issuance and one tenth every year
thereafter for ten years.
FUND BALANCE
The City believes that sound financial management principles require that sufficient funds be
retained by the City to provide a stable financial base at all times. To retain this stable financial
base, the City needs to maintain a General Fund Balance sufficient to fund all cash flows of the
City, to provide financial reserves for unanticipated expenditures and/or revenue shortfalls of an
emergency nature, and to provide funds for all existing encumbrances.
The following individual items shall constitute the City General Fund Balance:
o Restricted Fund Balance – The restricted fund balance category includes the portion of the
spendable fund balance that reflects constraints on spending because of legal restrictions
stipulated by outside parties (e.g., encumbrances for goods or services with outside
parties-creditors, grantors outstanding at the end of the year), Also, any legal restrictions
based on state statutes or grant requirements placed on the use for specific purposes
o Committed Fund Balance – The committed fund balance classification includes the portion
of the spendable fund balance that reflects constraints that the city has imposed upon itself
by a formal action of the city council (for example, an ordinance or resolution passed by a
city council). This constraint must be imposed prior to yearend but the amount can be
determined at a later date.
o Assigned Fund Balance – The assigned fund balance is the portion of the spendable fund
balance that reflects funds intended to be used by the government for specific purposes
assigned by more informal operational plans. In governmental funds other than the general
fund (special revenue funds, capital project funds, debt service funds and permanent
funds); assigned fund balance represents the amount that is not restricted or limited. The
authority to “assign” fund balance is delegated to the City Finance Director
o Unassigned – This is the residual classification for the government’s General Fund and
includes all spendable amounts not contained in the other classifications and, therefore,
not subject to any constraints. Unassigned amounts are available for any purpose. These
are the current resources available for which there are no government self-imposed
limitations or set spending plan. Although there is generally no set spending plan for the
unassigned portion, there is a need to maintain a certain funding level. Unassigned fund
balance is commonly used for emergency expenditures not previously considered. In
addition, the resources classified as unassigned can be used to cover expenditures for
revenues not yet received.
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The Council recognizes that any such funds should be appropriated for non-recurring expenditures
as they represent prior year surpluses that may or may not materialize in subsequent fiscal years
POLICY - At the end of each fiscal year, the City will strive to maintain Spendable – Unassigned
portions of the fund balance for Cash Flow equivalent to a minimum of five (5) months or 42% of
the prior fiscal year General Fund operating expenditures. In addition to cash flow needs this
accommodates emergency contingency concerns.
MONITORING AND REPORTING - The City Manager and Finance Director shall annually prepare
the status of fund balances in relation to this policy and present to the City Council in conjunction
with the development of the annual budget.
When both restricted and unrestricted resources are available for use, it is the City’s policy to first
use restricted resources, and then use unrestricted resources as they are needed.
When committed, assigned or unassigned resources are available for use, it is the City’s policy to
use resources in the following order; 1.) committed 2.) assigned and 3.) unassigned.
A negative residual amount may not be reported for restricted, committed, or assigned fund
balances in the General fund.
BUDGET PLANNING PROCESS
The City has developed a number of elements that when been brought together help to provide the best
information for the Council to make their budget decisions. These elements include the following:
Strategic Planning Process – The Council has a mission and vision statement, which helps
determine the priorities of the community and direct the council in providing services for its
constituency. As part of the process annual goals and objectives are set. Department Directors
then use these goals in developing departmental goals and setting departmental budgets.
Program Budgeting – This provides more information in regards to what programs departments
provide and what is the individual cost of those programs. This accomplishes the objective of
reviewing revenues and expenditures based on program activity. For programs whose goal is to be
supported totally by revenues it allows departmental managers to review the fee structure on an
annual basis to ensure that goal is met. It also allows the public to determine what portion of a
specific department is supported by taxes.
Four Year Budget Modeling – Encourages future planning for the General Fund budget and
allows us a preview at projected property tax levy needs over the next four years. Monitoring tax
capacity along with budget needs provides advance notice to management when taxes may rise
faster than advisable and allows staff to take appropriate action in revising budget goals and
projections.
Cash Flow Models – Cash flow projections are created for all funds to provide us with a view of
future sources and uses within the various funds and for the City as a whole. This assists in long
range planning and goal setting in keeping all funds in a positive cash position.
Financial Management Plan – In 2014 the City adopted a long-range Financial Management Plan
for the years 2015-2024 that addresses financing challenges for several funds, sets forth financing
for all items identified in the Capital Improvement Plan (CIP) and Equipment Replacement Plan
(ERP) (described below), and provides for adequate funding for operational needs in the general,
special revenue funds and enterprise funds. Tax base growth is built into the plan so the taxes are
indexed each year based on that growth. This plan when followed should make the annual budget
much easier to develop.
The Financial Management Plan will be updated each year prior to the budget process and used as
a guide in preparing the annual budget. This document is key in managing increases in the General
Fund, restoring the Art Center Fund to sound financial footing and providing for capital
improvements and infrastructure. The Financial Management Plan was developed by staff with
assistance from the City’s Financial Advisor who will assist staff in annual updates to the plan to
ensure the goals of the City continue to be met.
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Net Property Tax Cost Median Value Home – This provides information to the council
incorporating expected increases in valuation and projecting actual costs on the Median Value
Home. The council when setting the tax levy is sensitive to its impact on property owners and this
benchmark provides information on how the recommended levy will impact city taxpayers. If the
council feels the proposed levy will negatively impact property owners options for reducing the levy
are explored. These may include revenues alternatives or expenditure decreases or a combination
of both.
Net Tax Cost by Program – This provides both a dollar and percentage of property tax support for
each of the City’s general fund programs and demonstrates which city programs are most
dependent on taxes. It also provides information to the public on what benefits they receive for their
tax dollars.
Capital Improvement Plan – The Capital Improvement Plan (CIP) is a five-year schedule or plan
for capital improvement expenditures in excess of $10,000 and having a useful life of five or more
years. The Capital Improvement Plan process begins with departments editing and updating
existing plans from previous years and adding or deleting projects. Once this is completed, finance
does an analysis of funding requirements and any related prioritization is done by the city manager.
The analysis includes a review of projected working capital amounts available for the projects, any
operating cost adjustments as a result of the improvement and the impact of future funding needs
is determined. The mayor and council then use the compiled information in the CIP along with the
results of public discussion, to determine which projects are to proceed and exactly how they will be
funded. Once the CIP is approved the projects for the following year are placed in the appropriate
budget.
Equipment Replacement Plan –The Equipment Replacement Plan (ERP) is a twenty-year
forecast and a five-year plan of equipment needs within the City. In is intended to inform the Council
and citizens of the major equipment needs on the horizon. The first year of the plan becomes an
adopted equipment budget and relates to the operating budget of the equipment replacement fund,
which is approved on an annual basis. The remaining nineteen years represent an estimate of
equipment needs and funding capabilities of the City. Funding requirements vary from year to year.
In order to maintain a fairly consistent levy each year, the twenty-year schedule is projected with a
3% inflation factor for operating expenses and a yearly average dollar capital expenditure of
$1,400,100. Revenues for the ERP are derived from tax levy and charges to the departments that
use the equipment and are based on the equipment needs of the various departments over the
twenty-year period.
FUND STRUCTURE
The accounting system maintains a standard fund structure for a typical Minnesota city government.
Following is a description of the funds included that are subject to appropriation, for which financial plans and
budget appropriations are prepared annually. These funds are the General, Special Revenue, Debt Service,
Capital Projects and Enterprise.
General Fund
The General Fund accounts for all financial transactions not properly accounted for in any other fund,
including most of the basic governmental services. The expenditures from the General Fund account for the
majority of primary services provided by the City in the areas of public safety, parks and public works,
recreation, planning, engineering and general government.
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Special Revenue Funds
This type of fund accounts for services and expenditures where revenue is restricted for a designated
purpose. The City maintains fifteen Special Revenue Funds. There are thirteen budgeted Special Revenue
Funds.
Chemical Assessment Team Fund – grant funds received from the state restricted for the
operation of the Chemical Assessment Team.
Economic Development Fund – revenue sources include interest on loans, taxes, development
fees that are used for expenditures relating to housing and redevelopment projects throughout
the city.
Tax Increment Funds (7) – tax increment revenues for housing and economic redevelopment
projects throughout the city.
Parking Fund – parking permits and parking violation fees help support the maintenance of the
city’s current parking lots and ramps.
Communication Fund – franchise fee for cable TV supports cable and communications efforts
of the city.
Depot Coffee House Fund – grants, leases and concession revenues support a local chemical
free teen center and coffee house.
Sustainability Fund - franchise fees received from gas and electric utilties dedicated to
improving the overall sustainability and resilience of the community.
MN Public Safety Aid Fund - State aid received restricted to providing public safety
Art Center Fund – leases, state aids, contributions and program sales support the Hopkins
Center for the Arts, which is a community-based center with theater and art at its base.
Some of the Special Revenue Funds do not require an annual financial plan because of the nature of the
type of revenue and expenditure. Expenditures are authorized on an individual basis.
Hennepin County CDBG Fund – block grant funds used for housing and infrastructure
improvements
Hopkins Race and Equity Initiative – contributions from two outside organizations used in a
collaborative effort centered on race equity
Debt Service Funds
Debt service funds account for the accumulation of resources for the payment of general long-term debt
principal, interest, and related costs. The City maintains 24 individual debt service funds for the various bond
issues. The City has established annual financial plans for all 24 general obligation bond funds, which are
shown in total as the GO Debt Service Funds.
Capital Project Funds
Capital project funds account for the acquisition and construction of major capital facilities and equipment
(except those financed by proprietary funds). This includes expenditures relating to capital projects and large
capital outlay purchases. The City has five budgeted funds in this category:
Park Improvement Fund – development and improvement of City parks. Revenue is primarily
from park development fees paid by developers.
State Aid Construction Fund – revenue from state aid to assist with maintenance and
construction of state aid streets throughout the city.
Capital Improvement Fund – transfers from other funds to cover future improvements or
maintenance of city facilities and infrastructure.
Permanent Improvement Revolving Fund – bonds issued to fund reconstruction and
maintenance of residential streets throughout the city.
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Enterprise Funds
Enterprise funds account for our business-type activities. These activities provide services where most of the
costs are recovered through user fees and charges. The City has five Enterprise funds.
Water Utility Fund – water utility fees based on water usage, which covers the expense of
distributing water and maintaining the water system infrastructure.
Sewer Utility Fund – sewer utility fees based on water usage, which covers the expense of
disposing of sewer products and maintaining the sewer system infrastructure.
Refuse Utility Fund – refuse fee based on size of refuse container, which covers the expense
of disposing of refuse products.
Storm Sewer Utility Fund – storm sewer utility fee based on non-permeable surface of property
for commercial or a fixed rate for residential properties, which covers the expense of
maintaining the storm sewer infrastructure throughout the city.
Pavilion/Ice Arena Fund – rental fees for ice or space, which covers the operating costs of
running the facility.
Internal Service Funds
Internal Service Funds are used to account for the financing of goods and services provided by one
department to other departments of the City on a cost reimbursement basis. The City has three Internal
Service Funds and no budgets are prepared for these funds.
Equipment Replacement – revenues derived from leases of large equipment to all
departments. Revenues are used to cover the cost of replacing equipment in the future. Lease
payments are budgeted in the individual funds and transferred to the Equipment Replacement
Fund monthly.
Employee Benefits – to account for compensated absences of non-enterprise employees
Insurance Risk – accounts for the dividends received from the insurance company for low
insurance claims and costs, which is used to cover the deductible for any losses.
Major Funds
For 2024 the City identifies the following funds as major funds which are described above. All major funds
are budgeted.
General Fund
Economic Development Special Revenue Fund
Arts Center Special Revenue Fund
Tax Increment District Super Valu Fund
Water Utility Enterprise Fund
Sewer Utility Enterprise Fund
Storm Sewer Utility Enterprise Fund
Pavilion Enterprise Fund Public art in Hopkins
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City Personnel by Function
Administration of Fund
General Public Community Community
Operating Fund Government Finance Police Fire Works Development Services Recreation
General Fund
Administrative Services X X X
Finance X
Community Services X
Building Maintenance X X X X
Police X
Fire X
Public Works X
Recreation X
Activity Center X
Planning & Zoning X
Community Development X
Special Revenue Funds
Economic Development X
Parking X X
Communication X
Depot Coffee House X
Sustainability X
MN Public Safety Aid X X
Art Center X
Enterprise Funds
Water X
Sewer X
Refuse X
Storm Sewer X
Pavilion X
Housing & Redevelopment X
Downtown Hopkins
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Authorized and Actual Staffing Levels
Full-Time and Regular Part-Time Positions
1 FTE = an employee who works 40 hours a week
2021 2022 2023 2024
Authorized Authorized Authorized
& Actual & Actual & Actual Authorized
Administrative Services 5.55 6.67 6.67 6.67
Finance 4.00 3.60 3.60 3.60
Municipal Building 1.45 1.28 1.28 1.28
Community Services 8.40 8.49 9.49 9.49
Police 37.28 37.23 37.23 37.23
Fire 4.10 4.50 5.50 5.50
Public Works 20.48 20.49 20.49 21.54
Skate Park 0.05 0.05 0.05 -
Activity Center 3.00 3.00 3.00 3.00
Zoning & Planning 1.35 1.35 1.35 1.35
Community Development 0.85 0.85 0.85 0.85
General Fund Total 86.51 87.51 89.51 90.51
Economic Development 2.00 2.00 2.50 2.50
Parking 1.12 1.12 1.12 1.12
Communications 1.00 1.00 1.00 1.00
Depot Coffee House 2.75 2.75 2.75 1.00
Sustainability - - - 1.00
MN Public Safety Aid - - - 3.00
Art Center 5.50 4.53 4.53 4.53
Special Revenue Fund Total 12.37 11.40 11.90 14.15
Water 4.15 4.15 4.15 4.15
Sanitary Sewer 2.24 2.24 2.24 2.24
Refuse 3.56 3.56 3.56 3.56
Storm Sewer 0.66 0.66 0.66 0.66
Pavilion/Ice Arena 2.90 2.42 2.42 2.42
Housing & Redevelopment 2.40 2.40 2.40 2.40
Total Proprietary Funds 15.91 15.43 15.43 15.43
Total All Funds 114.79 114.34 116.84 120.09
The decrease in authorized staffing from 2021 to 2022 of .45 is due to the elimination and combination of
positions withing the Public Works Deparment, Art Center and Activity Center.
The increase in authorized staffing from 2022 to 2023 is due to an additional police officer and planner
position funded through the American Rescue Plan Act and an inspector position funded by increased
revenue.
The increase in authorized staffing from 2023 to 2024 is due to two additional police officers and assistant
fire chief funded through MN Public Safety Aid, sustainability specialists funded with franchise fees and a
forestry worker. These increases were offset by the decrease in the equivalent of 1.75 FTE at the Depot
Coffee House from reduced operations.
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Operating Fund Crosswalk
This matrix shows the relationship between functional units and funds.
Major Funds
Capital
Special Revenue Project Enterprise
Tax Increment Permanent Storm
General Economic District - Super Arts Improvement Water Sewer Sewer
Function Fund Dev Valu Center Revolving Utility Utility Utility Pavilion
General Government X X X X X X
Public Safety X
Health and Welfare X
Highways and Streets X X
Urban Redevelopment and
Housing X X
Culture and Recreation X X X
Capital Outlay X X X X X
Debt Service X X X X
Water X
Sewer X
Storm Sewer X
Non-Major Funds
Special Capital Debt
Function Revenue Projects Service Enterprise
General Government X X X X
Public Safety X
Health and Welfare X
Highways and Streets X
Urban Redevelopment and Housing X
Culture and Recreation X
Capital Outlay X X
Debt Service X
Refuse X
The Hopkins Academy, a five week program held in even years during March and April allows residents to get a better understanding of how
their City government works. The Academy covers the topics of, General Government, Police, Fire, Public Works and Planning & Economic
Development. The program has been well received by the community with over 25 participants each year. The 2021 edition of Hopkins
Academy was cancelled due to the COVID-19 Pandemic. The City plans to host the event in 2024.
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Summary Budget Information - Major Funds and Non-Major Funds by Fund Type
2021
Actual
2022
Actual
2023
Budget
2024
Budget
Budget
Difference %age
REVENUES
General Fund 16,071,416 17,081,271 17,188,440 18,021,803 833,363 5.00
Special Revenue Funds
Economic Development Fund 955,682 513,084 571,531 557,706 (13,825) -2.00
Tax Increment Spending Plan - 6,404,400 ---0.00
Arts Center 942,624 1,402,422 1,164,132 1,172,650 8,518 1.00
Non-major Special Revenue Funds 4,818,045 6,465,209 6,301,724 7,059,927 758,203 11.00
Capital Project Funds
Non-major Capital Projects Funds 6,293,659 4,175,455 7,835,710 5,883,536 (1,952,174) -33.00
Non-major Debt Service Funds 13,492,538 10,989,503 7,096,537 7,353,496 256,959 3.00
Enterprise Funds
Water Utility Enterprise Fund 2,382,355 2,437,424 2,513,000 2,892,400 379,400 13.00
Sewer Utility Enterprise Fund 3,128,205 3,170,831 3,460,000 3,635,000 175,000 5.00
Storm Sewer Enterprise Fund 803,066 806,214 810,332 810,332 -0.00
Pavilion Enterprise Fund 805,863 1,167,922 819,000 913,700 94,700 10.00
Non-major Enterprise Funds 993,176 1,219,082 1,271,200 1,340,085 68,885 5.00
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Summary of Budgeted Funds
GENERAL FUND
2021
Actual
2022
Actual
2023
Budget
2024
Budget
Budget
Difference %age
REVENUES
Property Taxes $ 12,792,890 $ 12,663,858 $ 14,020,781 $ 14,511,326 $ 490,545 3.50%
Intergovernmental Revenue 1,559,221 1,702,402 1,630,794 1,878,012 247,218 15.16
Licenses, Permits & Fines 898,361 1,420,528 869,215 878,315 9,100 1.05
Charges for Current Services 478,540 807,598 329,900 353,100 23,200 7.03
Interest on Investments - 106,499 20,000 25,000 5,000 25.00
Franchise Fees 306,032 303,957 296,200 346,200 50,000 16.88
Other Revenues 36,372 76,429 21,550 29,850 8,300 38.52
$16,071,416 $17,081,271 $17,188,440 $18,021,803 $833,363 4.62%
APPROPRIATIONS
Council $ 75,782 $ 101,396 $ 105,850 $ 133,033 $ 27,183 25.68%
Administrative Services 865,971 975,227 1,020,029 1,315,110 295,081 28.93
Finance 417,125 507,472 488,795 582,588 93,793 19.19
Legal 282,546 320,759 225,000 250,000 25,000 11.11
Municipal Building 393,878 395,149 380,831 404,691 23,860 6.27
Community Services 1,015,071 1,217,891 1,563,673 1,697,181 133,508 8.54
Police 6,047,743 6,401,836 6,958,768 7,185,842 227,074 3.26
Fire 1,687,830 1,767,382 1,633,391 1,709,014 75,623 4.63
Public Works 3,126,374 3,808,822 3,632,028 3,870,254 238,226 6.56
Recreation 670,940 718,126 793,185 819,334 26,149 3.30
Planning 190,090 220,574 170,842 196,247 25,405 14.87
Community Development 106,802 116,177 126,848 129,313 2,465 1.94
Unallocated 34,906 31,229 89,200 129,200 40,000 44.84
$14,915,058 $16,582,040 $17,188,440 $18,421,807 $1,233,367 6.70%
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Summary of Budgeted Funds
DEBT SERVICE FUNDS (all funds)
2021
Actual
2022
Actual
2023
Budget
2024
Budget
Budget
Difference % age
REVENUES
Property Taxes $ 4,114,950 $ 4,003,048 $ 3,892,746 $ 4,107,613 $ 214,867 6.00%
Special Fees 941,854 761,644 762,447 782,039 19,592 3.00
Miscellaneous 15,429 68,919 ---0.00
Proceeds from Bond Sale 3,856,611 3,223,981 ---0.00
Operating Transfers In 4,563,694 2,931,911 2,441,344 2,463,844 22,500 1.00
$13,492,538 $10,989,503 $7,096,537 $7,353,496 $256,959 3.49%
APPROPRIATIONS
Bond Principal $ 8,265,000 $ 5,530,000 $ 5,805,000 $ 5,265,000 $ (540,000) -9.00%
Bond Interest 1,961,352 1,842,471 1,793,497 1,783,159 (10,338) -1.00
Miscellaneous other charges 124,241 156,156 ---0.00
Transfer out 5,479,736 3,076,000 ---0.00
$15,830,329 $10,604,627 $7,598,497 $7,048,159 $(550,338)-7.81%
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CITY OF HOPKINS
APPROVED BUDGET SUMMARY – ALL FUNDS
REVENUE SUMMARY
The total budget represents planned or anticipated revenues for all funds, excluding unbudgeted special
revenue funds and capital project funds. The amount of the annual total anticipated revenues fluctuates up or
down from year to year, depending on special projects and grants which may occur during the plan budget
period. The budget provides guidelines to staff for City operations.
Property Taxes: One purpose of the budget is
to communicate the financial plans for the City
and its allocation of resources. The budgeted
revenues for all funds total $46,805,460. The
largest source of revenue by category is
property taxes of $24,336,592 comprising
57.20% of total revenues. Property taxes are
levied to support the general fund activities,
help pay debt and provide tax increment
redevelopment funding sources. Successful
tax increment projects have helped create a
larger tax base for the City. Currently the City
is collecting tax increment revenues from
several districts to pay off redevelopment
notes, redevelopment bonds and help in future
redevelopment costs of properties within
certain districts. Levy limits have been on again and off again since 2004 and remain off for 2024. Levy limits
while providing assurances to taxpayers do give the City the additional challenges in meeting resident’s
requests for sustained services or in some instances increased services. In 2024 budgeted taxes increased in
total by 3.90% mainly as a result of operations and debt payments. The General Fund had a 7.18% increase in
the levy due to increases in salaries, benefits and other operating expenditures which was offset by a one-time
use of surplus fund balance. The total levy, excluding tax increments, certified to taxpayers increased by 4.86%
Intergovernmental Revenues: Total $3,204,607 or 7.53%
of the City’s revenues. The City currently receives local
government aid, highway funding, police and fire aid,
chemical assessment grants, fire grants, Community
Development Block Grant funds and other miscellaneous
state grants. The City has also receive approximately $2
million of American Rescue Plan Act grants over 2 years.
Estimates for intergovernmental revenues are based on
known revenue sources and projections are based on
information from the various state and county agencies from
which the revenues are received. The city has reduced its
reliance on revenues from state and federal governments
due to decreased availability and reduced funding in the
various state programs. Over the past several years the city
has been successful in getting grants for specific projects.
Those projects are not budgeted due to the uncertainty in the success of our application for those funds. In
2023 we are scheduled to receive $1,081,012 in Local Government Aid, a $155,218 increase from 2023 that
will go to the General Fund and is utilized to reduce the general fund tax levy. The City also received $828,185
of one-time Minnesota Public Safey Aid, of which $439,095 is being recognized in the 2024 budget.
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CITY OF HOPKINS
Utility Fees: For water, sewer, refuse and storm sewer account
for $8,169,717 of the City’s revenue or 19.2%. Utility revenue is
planned to increase by 7.30% due to operational needs. The
increased rates will provide adequate cash flow for operating and
capital cost. The City conducted a utility rate study in 2016 and
raised water and sewer rates were both increased by
approximately 40% in 2017. Each subsequent year has seen a
more modest rate increase. 2024 rates will increase by 16.0% for
water, 5.0% for sewer, 5.0% for refuse collection, 2.6% for
recycling and 2.4% for organic recycling. Storm sewer rates will
not increase in 2024.
Charges for Services: Other than utilities are
$2,859,918 or 6.72% of the City’s revenues. The City
charges for plan reviews, special police or fire
services, parking permits for city parking facilities,
facility rental, concessions and ice time. A large portion
of the charges for services include plan review fees
from building permits which are projected to remain
stable in 2024. The variance in revenues between
years is due to development projects and the related
plan review fees. Finance relies on plan review fee
projections prepared by the City’s Building Official and
input from departmental managers on the level of
activity expected in their departments when setting the
budget for this revenue category. The City budgets conservatively on plan review fee income due to the
uncertainty of the development market which can change depending on developers funding for their proposed
projects.
Special Assessments: Special assessments are $782,039 or
1.84% of City Revenue. Special Assessments are levied for
street, sidewalk, alley, water, sewer or storm sewer
improvements that benefit private property. Special assessment
revenue projections are based on the special assessment rolls
and scheduled payments in the budget year.
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CITY OF HOPKINS
License, Permits & Fines: are $940,315 or 2.21% of
revenues. Permit revenues are dependent on the
economy and on future development of the City. The
City continues to see redevelopment and as had very
strong years in building permit income. While there are
other projects in the works the City chooses not to rely
on that income until it becomes reality, therefore
building permit income continues to be budgeted
conservatively based on an average of the past 10
years. The permit fee revenue projection was prepared
by the City’s Building Official based on knowledge of
pending and anticipated projects. License revenue is
based on the types of businesses licensed by the
city and past year’s collections. Those revenues remain
stable. The City also budgets conservatively for fine
revenue as that revenue stream is unpredictable. Fine revenue is only received once the fines are collected by
the State of MN which then remits Hopkins’ portion to them. Parking permits and ticket revenues remain stable.
Franchise Fees: The City collects franchise fees for cable
television, electric and gas utilities. The electric and gas
rates were increased in 2024. The 2024-2028 rates are
based on a percent of revenue, with residential users
paying 5% and commercial and industrial users paying
4.25%. Total franchise fees collected in budgeted funds will
be $1,677,700 or 3.94% of City revenues. The City uses
franchise fees for five different purposes: 1. To provide live
streaming and archiving of city council and other meetings
and other communication initiatives, ($230,000) 2. For
capital improvements, specifically funding a City Hall
renovation ($361,500), 3. For Park Improvements
($355,000) 4. To reduce the levy in the general fund
($346,200) and 5. to improve the overall sustainability and
resilience of the community ($385,000)
Total 2024 Budgeted Revenue: Increased from
2024 as a result of increased property taxes,
intergovernmental revenue, utility fees and franchise
fees. The 2024 budget was prepared with increased
and decreased revenue as described above. The City
workforce has remained stable with many long-term
employees. Like other cities we continue to do more
with less and work to maximize the budget dollars we
do have to work with. Staff has been very
conscientious in the management of departmental
budgets which has allowed us to maintain staffing
while providing the same level if not better services to
the public.
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CITY OF HOPKINS
Major Revenue Trends: The chart to
the right is showing the trends of three
of our major revenue sources. Taxes
include both property taxes and tax
increments. Taxes continue to increase
as other sources of revenue decrease
and new tax increment projects come on
the tax rolls. Intergovernmental
revenues increased in 202 due to higher
allotment of local government aid and
one-time Minnesota Public Safety aid;
we have also continued to be successful
in receiving a Federal Emergency
Management Agency SAFER grant.
Intergovernmental revenues are less
reliable and the City is cognizant of that
during the budget process. The City will
continue to seek other revenue sources
to meet our budget needs which include grants. Utility charges have increased to continue to provide adequate
cash flow for operating and capital costs..
Shown below is a chart showing the relationship between all revenue sources.
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CITY OF HOPKINS
APPROPRIATION SUMMARY
Appropriations for all funds total $52,678,038. This is more than anticipated revenues for 2024 and results in
an decrease of fund balance of $1,878,734 overall. The general fund will subtract $400,000 based on a
one-time use of surplus fund balance. The special revenue funds will subtract $31,132 where tax increments
have built up and will be used, other funds such as the parking fund and communication fund are projected
to decrease their fund balance, partially as a result of the COVID-19 pandemic. Enterprise funds are
budgeted to slightly decrease their net position by ($288,190) as we work mitigate rising costs in addition to
rebuild fund equity and bring the water and sewer fund to a more stable financial position. Debt service funds
will see an increase of $305,337 as our debt service levy increases for new bond issuances.
The largest source of appropriations by category is employee salaries and benefits at $17,083,241.
Employee salary and benefits make up 32.43% of the City’s annual appropriation and represent a 8.10%
increase from 2023 budget. The City completed a compensation study for all positions in 2023, with the
resulting wage scales being implemented in the 2024 budget. . 2 of 6 union contracts were not settled at the
time of budget adoption, actual wage scales or estimates were used as appropriate.
Materials, supplies and services make up 17.98% of appropriations at $9,471,245. This amount represents a
5.59% decrease from the 2023 budget. The City will make payments towards pay-as-you go notes and other
tax increment payments. Staff continues to be as efficient as possible when purchasing materials and
supplies and using outside services.
Capital outlay and improvements can fluctuate substantially every year. In 2023, the appropriated amount is
$180,000 or 0.34% of total appropriations. Anticipated capital costs are street equipment, technology
advancements and improvements at the Arts Center. In addition the City allocates equipment replacement
costs to its general and special revenue funds to ensure that resources are available for replacement of
equipment when scheduled or necessary. The charges for equipment replacement are recorded in the
materials supplies and services categories as they do not directly relate to specific capital outlay
expenditures but rather the cost of using city assets.
Debt repayment make up 14.56% of appropriations at $7,669,950. This amount represents an decrease of
6.95% from 2032 due to required payment schedules.
The six largest programs of the City in 2024 account for 90% of the appropriations budget and are as follows:
Public Safety 9.3 million
Utilities (water, sewer, storm sewer, refuse) 8.7 million
Debt 7.7 million
Tax Increment Financing 5.6 million
General Government 4.8 million
Public Works 4.1 million
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CITY OF HOPKINS
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CITY OF HOPKINS
REVENUES - ALL FUNDS
COMPARATIVE ANALYSIS BY SOURCE
2021
ACTUAL
2022
ACTUAL
2023
BUDGET
ADOPTED
2024
BUDGET
Current Revenues
Property Taxes $ 18,159,689 $ 17,964,161 $ 19,302,755 $ 20,251,592
Tax Increment 4,244,240 4,108,301 4,085,000 4,085,000
Special Assessments 972,490 933,137 762,447 782,039
Intergovernmental Revenue 3,215,372 3,240,264 2,315,794 3,139,607
Licenses, Permits & Fines 942,438 1,446,353 979,215 940,315
Charges for Current Services 3,140,751 3,110,079 2,927,099 2,859,918
Interest on Investments 25,057 330,565 126,406 179,222
Utility Service Charges 6,948,435 7,412,377 7,573,432 8,169,717
Franchise Fees 1,183,050 1,160,763 1,194,200 1,677,700
Other Revenues 493,455 679,246 758,952 397,350
TOTAL CURRENT REVENUES $39,324,977 $40,385,246 $40,025,300 $42,482,460
Other Financing Sources 3,836,550 3,223,981 3,975,000 4,258,000
TOTAL REVENUES $43,161,527 $43,609,227 $44,000,300 $46,740,460
Inter-Fund Transfers 8,469,208 14,012,311 6,338,516 4,058,844
TOTAL REVENUES $51,630,735 $57,621,538 $50,338,816 $50,799,304
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CITY OF HOPKINS
PROPERTY TAXES
Tax Capacity & Market Values The growth in tax
capacity from 2014 to 2023 reflects overall
increased market value of property in Hopkins
from growth in values and redevelopment. The
chart to the right depicts tax capacity value over
the last ten years as of January 2 or each year.
From 2014 through 2020, Hopkins continued to
have growth due to commercial development that
was already in place when the market turned and
a recovering housing market. 2021 & 2022 have
increased based on residential and apartment
valuations, while commercial remained flat. 2023
saw higher increases in commercial with more
modest growth in residential and apartment.
Based on preliminary information, the tax capacity
is expected to continue to grow as of January 2, 2024 with all property types expecting moderate growth.
One goal of the city council is to preserve the current housing stock and promote housing growth. As mentioned
above market values have increased this past year which has added to the tax capacity. One factor impacting
the tax capacity is the Market Value Homestead Credit which removes a portion of homeowner’s values from
the tax rolls. This credit is reduced as the value of a home increases until it is phased out entirely at about a
home value of $414,000. Other property classes primarily commercial have increased slightly which has
mitigated the overall decrease in market values.
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CITY OF HOPKINS
2024 Property Taxes by Taxing Districts
The City’s levy is allocated against the tax base along with
the levies for the school district, county and miscellaneous
government entities. The median value home in Hopkins is
valued at $369,300 and is projected to pay $5,288 in
property taxes in 2024 (based on preliminary levies passed
in September).
The chart to the right shows the components of City of
Hopkins taxes by taxing district.
City Property Tax Levy
Shown below is the annual cost of CITY taxes on a home valued at $225,000 in each year and based on the
City’s median value in each year, called change in value. The Cities median value home has increased from
$206,000 in 2014 to $369,300 in 2024. Taxes on the median value home have increased moderately over the
10-year period while taxes on a steady value have remained relative stable. The 2024 tax levy provides for the
continuation of outstanding customer service by City workers, exceptional police and fire protection and helps
maintain a vibrant, authentic downtown.
This residential property owner in Hopkins will experience a $1 decrease in City property taxes in 2024. The total
City taxes on a median valued home would be $2,187 in 2024 as compared to 2,188 in 2023.3
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CITY OF HOPKINS
Shown below is a summary of annual costs an average homeowner would expect to pay living in Hopkins.
Water and sewer rates were increased for 2024 as based on the City’s Utility Rate Plan and continued capital
costs. 2024 will be the sixth year the City used a tiered rate structure. Refuse Collection, Organics Recycling
and Recycling rates were all increased for 2024. The storm sewer rate is not expected to increase in the near
future. Hopkins utility rates continue to rank in the middle tier of the Minneapolis/St. Paul metropolitan area
despite the rate increases.
2024 Annual Property Tax Cost (average home)Annual Service Cost
City of Hopkins Average Annual Service Costs
Public Safety $ 822.30 on an Average Home.
General Government $ 343.36 2024 2023
Public Works $ 251.51 City Property Taxes $ 2,187.00 $ 2,188.00
Parks and Recreation $ 144.34
Pavilion $ 48.12 Water - Consumption
Activity Center $ 41.55 7,500 gallons a month
Arts Center $ 39.37 $3.97/$4.57/$5.24 Tiered Rates $ 456.24
Capital Projects and Debt $ 496.45 $3.42/$3.94/$4.52 Tiered Rates $ 393.36
Annual Cost for City Services $ 2,187.00 Sewer - Consumption
5,000 gallons a month
$7.96/ 1,000 gallons $ 477.60
$7.58/ 1,000 gallons $ 454.80
Refuse Collection $ 288.00 $ 274.20
Recycling $ 67.68 $ 66.00
Organics Recycling $ 70.68 $ 69.00
Storm Sewer $ 60.00 $ 60.00
Franchise Fees $ 91.32 $ 84.00
Total $ 3,698.52 $ 3,589.36
City Levy – By Purpose
2024 2023
General Fund $ 14,426,326 $ 13,935,781 3.52%increase
Arts Center 345,000 347,697 -0.78%decrease
Pavilion Fund 440,000 340,000 29.41%increase
Equipment Replacement 360,000 250,000 44.00%increase
Debt 4,107,613 3,892,746 5.52%increase
Total Levy $ 19,678,939 $ 18,766,224 4.86%increase
In 2024 the City continued its property tax levy for the purpose of funding the debt for the residential street
improvements, Arts Center, Pavilion and Equipment Purchases. In 2023 levy limits were once again eliminated
and remain off for 2024.
A city tax rate of 59.860% result in payments of $2,187 annually or approximately $182 per month for the
average homeowner. Net property tax costs by program, was developed by crediting related revenues against
appropriate programs expenditures.
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CITY OF HOPKINS
Net annual property tax costs for program budgets
The City’s overall net levy increase is 4.86%. The general fund levy increased in 2024 by 3.52% or
$490,545. The debt levy increase was 5.52% or $214,867. The capital levy and permanent improvement
levies were eliminated for in 2023 and 2024. The Arts Center levy was decreased by 0.78% to $2,697 due
to use of the lost revenue provision of the American Rescue Plan Act. The equipment replacement levy
increased by 44.00% or $110,000. The total levy increase for 2024 is $912,715 or 4.86%. The City’s tax
rate will decrease by 1.571% from 61.431% to 59.860%.
City Council and Management Staff celebrating the grand re-opening of City Hall
following the 2019 renovation and remodel to better suit staff and provide enhanced
customer service to our residents and business owners.
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CITY OF HOPKINS
PRINCIPAL TAXPAYERS
Percentage of
Total Tax
Taxpayer Type of Business Tax Capacity Capacity
BOF II Minnesota Excelsior Crossing Commerical 1,859,170 5.67%
Piedmont 9320 Excelsior LLC Commerical 942,430 2.87%
Doran 810 Apartments Apartments 741,513 2.26%
Hopkins Distribution Co LLC Industrial 559,250 1.71%
Individual Apartments 527,375 1.61%
Southwest Real Estate, Inc.Apartments 366,843 1.12%
Greenfield Apartments LP Apartments 612,538 1.87%
Duke Realty Corporation Industrial 302,830 0.92%
TKG-Storagemart Partnership Industrial 301,450 0.92%
Super Valu Inc.Industrial 297,490 0.91%
City's Total Tax Capacity 32,782,000
Shown above are the main taxpayers in the City of Hopkins and their percentage of total tax capacity. The
largest taxpayer comprises 5.67% of total tax capacity and the next largest comprises 2.87%. The city has a
diverse and stable tax base, which provides the city with assurance that tax revenues will remain stable against
the loss of a significat taxpayer.
PRINCIPAL EMPLOYERS 1
Percentage
of Total
Taxpayer Type of Business Employees Employment
ISD 270 (Hopkins Public Schools)Elementary and Secondary School 1,550 8.564%
UNFI Whole food distributor and warehouse 1,200 6.630%
Cargill Agricultural products 1,173 6.481%
Thermotech Plastic mold manufacturer 400 2.210%
US Post Office Post Office 314 1.735%
Oak Ridge Country Club County/Golf Club 185 1.022%
Augustana Chapel View Nursing home 185 1.022%
US Bank Financial Institution 185 1.022%
City of Hopkins Municipal Government 154 0.851%
Walser Auto Group Automobile dealer 100 0.553%
Major employers in Hopkins include ISD 270 (Hopkins Public School District) UNFI a wholesale food distributor,
and Cargill, an international producer and market of food, agricultural and industrial products. While these three
organizations employ over 20% of the workforce in Hopkins, the City has a diverse group of employers with
long-term presence in the City.
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CITY OF HOPKINS
Changes in Fund Balance
Major Funds
Fund balance is defined as the difference between a fund’s assets and liabilities. Adequate fund balance is
necessary to have funds for emergency or unexpected events, to enhance the City’s financial position and
bond ratings, to provide cash for operations prior to receipt of tax revenues and to maximize investment
earnings.
Working capital balance, defined as current assets less current liabilities is carefully monitored to ensure
enough financial flexibility to meet both short and long-term goals for each fund.
Estimated
YE 2023
Fund
Balance/% Change $ Change Reason for
Working Ending in Fund in Fund Greater than
Fund Name Capital*Revenues Expenditures Balance Balance Balance 10% Variance
Major Funds
General Fund $ 9,013,101 $ 18,021,803 $ 18,421,807 $ 8,613,097 -4.44%(400,004)
Economic 4,525,777 557,706 520,278 $ 4,563,205 0.83% 37,428
Development
Special Revenue
Fund
Art Center (297,204) 1,172,650 1,144,097 $ (268,651)-9.61% 28,553
Tax Increment 2,654,400 - - $ 2,654,400 0.00% -
Spending Plan
Fund
Water Enterprise 1,124,041 2,892,400 3,228,575 $ 787,866 -29.91%(336,175)The fund will rely on rate
increases and existing
balances for operational
expenditures in 2024.
Fund *
Sewer Enterprise 1,492,848 3,635,000 3,632,228 $ 1,495,620 0.19% 2,772
Fund *
Storm Sewer 2,574,249 810,332 743,395 $ 2,641,186 2.60% 66,937
Enterprise Fund *
Pavilion * 98,706 913,700 853,473 $ 158,933 61.02% 60,227 The Pavilion Fund is
projectted to have a small
dollar change in its fund
balance in 2024.
The general fund balance is preliminary and unaudited. The 2024 budget was adopted based on expected
step movements, cost of living increases in settled union contracts and projections for one unsettled
contract. The general fund is above its fund balance goal of 42% of expenditures and is at 47% of
expenditures. Staff continues to work to address how to manage the financial position so that we maintain
our fund balance goal. This may involve new or revised revenue options, expenditure adjustments or a
combination of all these options.
The Economic Development Fund’s 2023 tax revenue collections were over budget as excess tax increment
revenues were received. These are revenues over and above what is required in the tax increment plans and
therefore are reported in the Economic Development fund to be used for future development. The Economic
Development fund provides the funding to assist in development efforts in Hopkins. It has a strong fund
balance with available resources to assist potential development efforts. The main source of income is an
economic development tax levy which has increased each year. There is a significant fund balance in this
fund that is available for economic development but the long term goal is to ensure that revenues are
adequate for planned expenditures. The fund plans to increase fund balance slightly while still being able to
provide funding for future development incentives.
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CITY OF HOPKINS
The Art Center has yet to meet its fund balance goals due to the amount of debt as a result of building the
facility in the mid-1990’s. The Art Center has long-term lease arrangements with a theater company, the
school district and an arts group that fund operations. It also receives supporting transfers from the
Communication and Economic Development funds. In 2016 and 2021 staffing was restructured to minimize
expenses and is continually evaluated to ensure budget goals are met while meeting the needs of the users.
The Arts Center has successfully revamped its concert programming to appeal to a wider audience, the 2018
and 2019 concert series were both financial successes. The Arts Center has also benefited from
Coronavirus Aid, Relief, and Economic Security Act and American Rescue Plan Act grant funding.The Arts
Center is still on target to meet financial goals. The Art Center funding issues will be addressed by a $60,000
annual tax levy to pay back the outstanding deficit owed to the general fund and use of American Rescue
Plan Act funds. It is anticipated the negative fund balance will be eliminated in 2026.
The Water Enterprise Fund’s working capital is expected to decrease in 2024. Rates were increased by 15%.
A water rate study was first implemented in 2016 to address the growing capital and replacement costs in the
fund. The fund will continue to see incremental increases to rates each year.
The Sewer Enterprise Fund’s working capital is expected to increase slightly in 2024. Rates were increase by
5%. A sewer rate study was first implemented in 2016 to address the growing capital and replacement costs
in the fund, however fees paid to the Metropolitan Council represent over half of the costs in the sewer
budget. Sewer charges paid to the Metropolitan Council will increase by 4.9% in 2024
The Storm Sewer Enterprise Fund’s working capital will increase in 2024 as fees continue to exceed
expenses. The Storm Sewer Fund is adequately funded for projected operations and infrastructure
improvements and no rate increased are planned for the near future.
The Pavilion Ice Arena will show a net increase in 2023. The pavilion was able to benefit from American
Rescue Plan Act funding to eliminate a negative cash position in 2021. Pavilion staff continues to actively
market the facility to various groups to increase off season rental income. These efforts are paying off as an
underutilized portion of the facility is being leased to the Hopkins School District.
The Artery is a bike, pedestrian and
vehicle connection and community space
connecting a future light rail station with
historic downtown.
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CITY OF HOPKINS
Non-Major Funds
Estimated
YE 2023
Fund
Balance/% Change $ Change Reason for
Working Ending in Fund in Fund Greater than
Fund Name Capital*Revenues Expenditures Balance Balance Balance 10% Variance
Non-Major Funds
Special Revenue Funds
Chemical - 65,000 65,000 - -% -
Assessment
Parking (6,406) 125,000 159,894 (41,300)544.71%(34,894)COVID Pandemic altered
the need for parking
permits. Will continue to
evaluate proper funding
sources.
Communications 215,157 230,000 281,487 163,670 -23.93%(51,487)Fund is utilizing available
balance for operating costs
and evaluating funding
sources.
HREI 10,066 6,000 6,000 10,066 -% -
Depot Coffee (214,597) 203,832 183,832 (194,597)-9.32% 20,000
House
Sustainability - 385,000 385,000
MN Public Safety - 439,095 439,095
Fund
Tax Increment (436,461) 5,606,000 5,636,732 (467,193)7.04%(30,732)
Funds
(aggregate)
Debt Service 7,482,692 7,353,496 7,048,159 7,788,029 4.08% 305,337
Funds
(aggregate)
Enterprise
Refuse * 1,448,786 1,340,085 1,402,104 1,386,767 -4.28%(62,019)
The Chemical Assessment fund is part of the State Chemical Assessment Team program where seven
teams are placed around the state to respond to hazardous waste calls. Hopkins has one of the teams that is
supported by the Fire Department and fully funded by the state. The expenditures are reimbursed in full by
the state.
The Parking fund, fund balance is projected to decrease in 2024. The parking fund’s primary revenue source
is parking permits for nearby office buildings. The fund has seen a significant decrease due to the COVID-19
Pandemic and the prevalence of employees working from home. The city is evaluating the future funding
sources needed to maintain the parking lots and cover operations.
The Communication fund is supported by cable franchise fees. The fees have seen a downward trend as
less residents subscirbe to cable TV. The City is evaluating the funding model needed to continue to support
communication efforts. Currently this fund maintains a positive fund balance.
The Depot Coffee House is a chemical free environment for area teens that provides specific programming
of interest to them. In 2024, the programming is being expanded to include an internship program called
Advancing Careers and Employment (ACE). Both teen programming and ACE are being supported by the
General Fund with a $60,000 transfer as well as the Hopkins-Minnetonka Joint Recreation program
($60,000), Three Rivers Park District ($19,500) and Hopkins School District ($50,000). The coffee shop
portion of the Youth Center has not been profitable in recent years and will be closed in 2024 while the City
evaluates options, include leasing the space to a private operator.
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CITY OF HOPKINS
Tax Increment fund balance may be used to retire tax increment debt early. in 2022, the City took advantage of
State Legislation that allowed tax increments to be transfered out to a separate fund with broader uses available,
which did cause a decrease to the available tax increment fund balances. Currently tax increment funds are
projected to increase and meet their combined fund balance goals.
Debt Service fund balance may be used to retire general obligation debt. All debt service funds meet their debt
service needs.
The Refuse Enterprise Fund has several programs that are subsidized by the refuse rates. The City has explored
charging separate fees for these services but has met with resistance from the public. Staff continues to explore
options for having these programs generate at least some revenue. Refuse collection, recycling and organic
recycling rates were all increased for 2022. Working capital continues to be adequate for this operation.
Debt Overview
The City of Hopkins has been conservative in its debt issuance practices and holds Standard and Poor’s’ AA+
debt ratings. In January 2014 the city was very pleased to receive a bond rating upgrade by Standard and Poor’s
from AA to AA+. This rating has been upheld for each subsequent bond issuance. Standard and Poor’s stated
that this is based on the city’s rated the City as having very strong economy, very strong management, very
strong budgetary flexibility and very strong liquidity. The City’s total outstanding debt on December 31, 2023, was
$82,180,000. The City’s per capita debt at December 31, 2023 is $4,306.
The total debt principal and interest due in 2024 is $9,172,339 of which $4,107,613 is raised through direct tax
levy. The remaining principal and interest is paid with refunding bonds, direct fees, utility fees, tax increments, and
special assessments. As depicted in the graph on the following page debt service requirements continue to
decline steadily throughout the remaining terms of the bonds. The requirements drop to $3,827,146 in 2034 and
to $449,800 in 2037 before the final issue matures in 2038. The ability to retire 89% of the City’s debt in the next
ten years is a major strength. The City is planning on issuing, GO bonds for residential street project and utility
improvements in 2024. The actual amount to be bonded is estimated at $7,265,000 and will include as revenue
sources a tax levy, utility revenues, and special assessments. The City issued GO temporary bonds for residential
street project and utility improvements in in 2023 due to a high interest rate environment and plans to refinance
before a large principal payment is due on 2/1/2026.Budget impact of the new debt has been factored into the
utility funds budgets and the tax levy portion has been factored into the long-range Financial Management Plan.
Part of the Financial Management Plan is to minimize tax increases to the taxpayers. Debt that is needed for
future projects is part of that plan.
The City has maintained an AA+
bond rating since 2014.
045
Minnesota State law
limits the amount of G.O.
debt for any municipality
to 3% of market value,
estimated to be
$2,734,146,600 in 2024.
This limitation provides
reasonable assurance of
the municipality’s ability
to pay. The legal debt
limit for Hopkins is
$ 8 2 , 0 2 4 , 3 9 8 ;
outstanding debt being
paid solely from taxes is
$21,775,000 or 25% of
total debt limit allowed.
CITY OF HOPKINS
The graph below illustrates the retirement of debt (principal and interest) in years 2024 through 2038.
OUTSTANDING DEBT AND PURPOSE
2023A GO Temporary Bonds Street Improvement and Revenue $ 7,335,000
2022A GO Bonds Street Improvement & Equipment Certificates $ 7,265,000
2021A GO Bonds Street Improvement and Revenue $ 7,890,000
2020B GO Refunding Bonds Refunding of 2012B & 2013A Bonds $ 2,960,000
2020A GO Bonds Street Improvement and Revenue $ 8,090,000
2019B GO Refunding Bonds Refunding of 2009A and 2009B Bonds $ 745,000
2019A GO Improvement Bonds Street Improvements, City Hall & Utility Revenue $ 10,300,000
2018A GO Improvement Bonds Street Improvements $ 5,105,000
2018B GO Tax Abatement Bonds Parks and Water & Sewer Improvements $ 2,545,000
2017A GO Improvement Bonds Street Improvements $ 8,525,000
2017B GO Tax Abatement Bonds Parks and Water & Sewer Improvements $ 2,315,000
2016A GO Improvement Bonds Street Improvements $ 2,760,000
2016B GO Tax Abatement Parks and Municipal Parking Ramp $ 1,030,000
2016C GO Bonds Equipment Certificates & Water Revenue Bonds $ 1,230,000
2016D GO Tax Increment Revenue Refunding Bonds
Refunding of 2009 HRA Tax Increment Revenue
Bonds $ 2,030,000
2015A GO Street Reconstruction Bonds Street Improvements $ 2,350,000
2015B GO Tax Abatement Cottageville Park and Parking Lot Improvements $ 2,065,000
2015C GO Tax Increment Revenue Refunding Bonds
Refunding of 2008 HRA Tax Increment Revenue
Bonds $ 2,340,000
2015D GO Tax Increment Revenue Refunding Bonds
Refunding of 2007 HRA Tax Increment Revenue
Bonds $ 4,340,000
2014A GO Improvement Bonds Street Improvements $ 960,000
Total Outstanding Debt December 31, 2023 $ 82,180,000
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CITY OF HOPKINS
SCHEDULE OF DEBT SERVICE REQUIREMENTS – ALL FUNDS
Tax Increment Bonds Special Assmnt Bonds Revenue Bonds G.O Bonds
Principal Interest Principal Interest Principal Interest Principal Interest
2024 1,090,000 201,013 125,000 27,294 1,540,000 584,179 4,050,000 1,554,853
2025 1,295,000 171,644 130,000 23,469 1,805,000 516,438 4,480,000 1,352,813
2026 1,350,000 139,844 135,000 19,494 4,655,000 449,280 8,025,000 1,132,096
2027 1,410,000 107,450 135,000 15,444 1,580,000 385,994 4,065,000 920,354
2028 1,470,000 72,744 140,000 11,319 1,630,000 334,694 4,210,000 781,941
2029 1,540,000 35,031 145,000 6,953 1,580,000 284,017 4,015,000 647,159
2030 555,000 7,631 150,000 2,344 1,500,000 236,118 4,010,000 512,678
2031 - - - - 1,545,000 194,520 4,090,000 387,803
2032 - - - - 1,500,000 158,254 3,890,000 276,471
2033 - - - - 1,530,000 123,049 3,380,000 175,790
2034 - - - - 1,440,000 88,633 2,200,000 98,513
2035 - - - - 1,205,000 59,101 1,740,000 45,583
2036 - - - - 1,175,000 33,550 795,000 19,940
2037 - - - - 345,000 15,825 85,000 3,975
2038 - - - - $ 355,000 $ 5,325 $ 90,000 $ 1,350
$ 8,710,000 $ 735,357 $ 960,000 $ 106,317 $ 23,385,000 $ 3,468,977 $ 49,125,000 $ 7,911,319
Total
Principal Interest
2024 6,805,000 2,367,339
2025 7,710,000 2,064,364
2026 14,165,000 1,740,714
2027 7,190,000 1,429,242
2028 7,450,000 1,200,698
2029 7,280,000 973,160
2030 6,215,000 758,771
2031 5,635,000 582,323
2032 5,390,000 434,725
2033 4,910,000 298,839
2034 3,640,000 187,146
2035 2,945,000 104,684
2036 1,970,000 53,490
2037 430,000 19,800
2038 445,000 6,675
$ 82,180,000 $ 12,221,970
An example of a recently completed
street reconstruction project.
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CITY OF HOPKINS
The following is a schedule of the City’s debt by major and non-major funds. Debt Service Fund debt
includes, tax increment debt, special assessment debt, and capital projects debt. Enterprise Fund debt
consists of water, sewer, storm sewer debt and Pavilion. Water, sewer, storm sewer enterprise fund debt
are major funds, the Pavilion is a non-major fund.
SCHEDULE OF DEBT SERVICE REQUIREMENTS – MAJOR AND NON-MAJOR FUNDS
Non-Major Funds - Aggregate
Total - All Funds Debt Service Bonds Total Debt Service Fund
Principal Interest Principal Interest Principal Interest
2024 6,805,000 2,367,339 5,265,000 1,783,160 5,265,000 1,783,160
2025 7,710,000 2,064,364 5,905,000 1,547,926 5,905,000 1,547,926
2026 14,165,000 1,740,714 9,510,000 1,291,434 9,510,000 1,291,434
2027 7,190,000 1,429,242 5,610,000 1,043,248 5,610,000 1,043,248
2028 7,450,000 1,200,698 5,820,000 866,004 5,820,000 866,004
2029 7,280,000 973,160 5,700,000 689,143 5,700,000 689,143
2030 6,215,000 758,771 4,715,000 522,653 4,715,000 522,653
2031 5,635,000 582,323 4,090,000 387,803 4,090,000 387,803
2032 5,390,000 434,725 3,890,000 276,471 3,890,000 276,471
2033 4,910,000 298,839 3,380,000 175,790 3,380,000 175,790
2034 3,640,000 187,146 2,200,000 98,513 2,200,000 98,513
2035 2,945,000 104,684 1,740,000 45,583 1,740,000 45,583
2036 1,970,000 53,490 795,000 19,940 795,000 19,940
2037 430,000 19,800 85,000 3,975 85,000 3,975
2038 445,000 6,675 90,000 1,350 90,000 1,350
$ 82,180,000 $ 12,221,970 $ 58,795,000 $ 8,752,993 $ 58,795,000 $ 8,752,993
Major Enterprise Fund Bonds
Water Fund Bonds Sewer Fund Bonds Storm Sewer Fund Bonds Pavilion Fund Bonds Total Enterprise Funds
Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest
699,600 337,014 398,170 182,219 242,230 116,405 200,000 73,350 1,540,000 708,988
806,269 287,237 492,105 150,512 301,625 98,585 205,000 67,275 1,804,999 603,609
1,964,281 238,682 1,500,085 114,987 980,635 76,551 210,000 61,050 4,655,001 491,270
720,950 193,021 369,970 82,688 274,080 55,610 215,000 54,675 1,580,000 385,994
743,850 169,131 379,450 70,317 281,700 47,171 225,000 48,075 1,630,000 334,694
715,200 145,692 368,330 58,115 266,470 38,961 230,000 41,250 1,580,000 284,018
664,550 123,548 350,710 46,688 244,740 31,682 240,000 34,200 1,500,000 236,118
685,700 103,857 362,940 37,463 251,360 26,275 245,000 26,925 1,545,000 194,520
624,550 87,256 370,550 29,626 254,900 21,872 250,000 19,500 1,500,000 158,254
637,450 72,219 374,270 21,639 258,280 17,341 260,000 11,850 1,530,000 123,049
629,450 57,066 285,940 14,887 259,610 12,705 265,000 3,975 1,440,000 88,633
647,750 41,763 292,710 9,361 264,540 7,977 - - 1,205,000 59,101
624,050 26,542 281,480 3,904 269,470 3,104 - - 1,175,000 33,550
313,950 14,401 20,700 950 10,350 475 - - 345,000 15,826
323,050 4,846 21,300 320 10,650 160 - - 355,000 5,326
$ 10,800,650 $ 1,902,275 $ 5,868,710 $ 823,676 $ 4,170,640 $ 554,874 $ 2,545,000 $ 442,125 $ 23,385,000 $ 3,722,950
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CITY OF HOPKINS
Through the visioning process the City has discovered that there are many community needs that the
City of Hopkins must meet. The future debt capacity will allow the City to issue debt to provide for our
community’s needs and desires while keeping property taxes reasonable.
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CITY OF HOPKINS
CAPITAL EXPENDITURES
Capital Improvement Plan
The Capital Improvement Plan (CIP) is a five-year schedule or plan for capital improvement expenditures in
excess of $10,000 and having a useful life of five or more years. The Capital Improvement Plan process
begins with departments editing and updating existing plans from previous years and adding or deleting
projects. Once this is completed, finance does an analysis of funding requirements and any related
prioritization is done by the city manager. The analysis includes a review of projected working capital
amounts available for the projects, any operating cost adjustments as a result of the improvement and the
impact of future funding needs is determined. The mayor and council then use the compiled information in
the CIP along with the results of public discussion, to determine which projects are to proceed and exactly
how they will be funded. Once the CIP is approved the projects for the following year are placed in the
appropriate budget. The complete CIP is posted on the city’s website and includes details of each project,
the funding sources and a city map showing the street projects for the next five years color coded by project
year.
2024 Capital Improvement Projects
Building Improvements
The Activity Center, a facility for senior programming, has one project scheduled in 2024. The replacement of
flooring in the entry, common and dining areas will help reduce risks of slips and fall and also enhance the
appearance of the facility.
The Hopkins Center for the Arts built in 1997 has been upgrading and enhancing the facility that is over 20
years old. The facility has four projects planned for 2024. This current signage is outdated and in need of
improvement new signage/lighting will provide additional visibility to the facility. The other three projects
provide additional safety in the building.
Hopkins City Hall was renovated in 2019. The project included lobby replacement, council chamber
equipment upgrade, city hall roof, city hall carpet and window replacement and cost approximately $4.8
million. There are no projects scheduled in 2024.
The Pavilion Ice Arena built in 1990 completed a $5.7 million renovation in 2018. The pavilion now has a
environmental friendly refrigeration plan, expanded locker rooms, shower rooms, expanded lobby and floor
improvements. There are three projects scheduled in 2023, the replacement of a water heater, exterior doos
and flooring.
The Fire Station was renovated in 2003. TThere is one project schedule in 2023, the replacement of the roof
top air handling unit. .
Parks – Park improvement include repairs and improvements to various courts at four different parks. The
City will also begin design work for Central Park. Shady Oak Beach, a facility shared with the City of
Minnetonka will get beach improvements. The City of Hopkin’s share of this project cost is 33%.
Pedestrian and Bike Trail Improvements – The City recently adopted a plan to increase pedestrian and
bicycle access and safety. As part of that plan a number of bike lanes will be painted along with constructing
trails and sidewalks. There are no operational or budgetary savings from this project but is done as the City’s
commitment to healthy living for Hopkins area residents.
Street & Pavement Management – A funding and implementation plan for repair and maintenance of
Hopkins roadways exists. Needs are identified and funded through State Aids, special assessments, utilities,
tax increments and annual levies. This program identifies the most opportune time to repair streets. In 2024
the City anticipates spending approximately $7,915,000 on street improvements that also include water,
sewer and storm sewer infrastructure improvements. Projects scheduled for 2024 include the first year of the
Central Avenues street reconstruction project which will span four years, pedestrian and bicycle access
050
CITY OF HOPKINS
improvements, along with street overlay upgrades. Also scheduled are street sign and street lighting
replacements. A proactive pavement management and infrastructure improvement program aids in keeping
public works maintenance costs to a reasonable level and as a result of the city’s program, maintenance
costs have remained relatively stable over the last five years. Planned street reconstruction costs will
annually save the city an estimated $25,000 in sealcoating and crack seal expenses.
Utilities – Included in the CIP for 2024 is sewer lining, annual storm drainage maintenance in the form of
concrete alley repairs, rehab of lift station no. 2, a SCADA fiber project and replacement of water meters
along with upgrade of water, sewer and storm sewer lines done in conjunction with residential street
improvements. Operational impacts are reduced maintenance costs within the utility funds estimated at
$5,000-10,000 annually. The replacement of water meters will reduce staff time needed to read meters for
billing.
CAPITAL IMPROVEMENT PROJECTS FOR 2024
Project Title Investment Project Description
Comm Svcs - Activity Center $ 39,500 Floor Covering - Entry, Commons and Dining Area
Comm Svcs - Arts Center $ 25,000 Outdoor Signage/Lighting
Comm Svcs - Arts Center $ 12,500 Access/Lockdown System
Comm Svcs - Arts Center $ 50,500 Exterior Door Repairs
Comm Svcs - Arts Center $ 22,500 Security Cameras
Fire $ 92,000 Replace 25 Ton Air Handling Unit
Pavilion $ 25,000 Mezzanine Flooring Replacement
Pavilion $ 50,000 Water Heater Replacement
Pavilion $ 23,000 Door Replacement
Public Works: Building/Equipment Services $ 60,000 Building Automation Systems-Replacements & Upgrades
Public Works: Building/Equipment Services $ 75,000 Parking Ramp Roof Replacement
Public Works: Parks $ 230,000 Improve Courts at Oakes, Cottageville & Interlachen Parks
Public Works: Parks $ 70,000 Repair Valley Park Volleyball Court
Public Works: Parks $ 150,000 Central Park Master Plan
Public Works: Streets/Traffic $ 7,420,000 Residential Street Improvements and Utilities
Public Works: Streets/Traffic $ 25,000 Pedestrian & Bicycle Access Improvements
Public Works: Streets/Traffic $ 450,000 Street Rehabilitation Improvements
Public Works: Streets/Traffic $ 20,000 Street Sign Management
Public Works: Utilities $ 27,000 Storm Drainage System Maintenance- Alley Repairs
Public Works: Utilities $ 60,000 Sewer Lining
Public Works: Utilities $ 25,000 Well #5 Roof Replacement
Public Works: Utilities $ 2,200,000 Citywide Meter Replacement
Public Works: Utilities $ 250,000 Lift Station No. 2
Public Works: Utilities $ 350,000 SCADA Fiber Project
Recreation $ 90,000 Shady Oak Beach Improvements
TOTAL $ 11,842,000
The projects described above and on the previous page are planned for 2024. The complete Capital
Improvement Plan (CIP) is five years. Both of the CIP and Equipment Replacement Plan (ERP) described on
the following page assist the City with budgeting.
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CITY OF HOPKINS
Equipment Replacement Plan
2024 Equipment Replacement
In addition to the CIP, the City also completes an Equipment Replacement Plan (ERP). The ERP is a
twenty-year forecast and a five-year plan of equipment needs within the City. In is intended to inform the
Council and citizens of the major equipment needs on the horizon. The first year of the plan becomes an
adopted equipment budget and relates to the operating budget of the equipment replacement fund, which is
approved on an annual basis. The remaining nineteen years represent an estimate of equipment needs and
funding capabilities of the City. Funding requirements vary from year to year. In order to maintain a fairly
consistent levy each year, the twenty-year schedule is projected with a 3% inflation factor for operating
expenses and a yearly average dollar capital expenditure of $1.4 million. Revenues for the ERP are derived
from tax levy and charges to the departments that use the equipment and are based on the equipment needs
of the various departments over the twenty-year period.The following items are in the 2024-2028 ERP and
have been approved for purchase in 2024.
Project Title Investment Project Description
Technology Upgrades $ 27,037 City Hall, Network Server
Technology Upgrades $ 37,559 Computers
Technology Upgrades $ 20,000 Core Network Switch
Technology Upgrades $ 45,320 Office 365
Technology Upgrades $ 36,000 Patching Automation Software
Technology Upgrades $ 63,000 Windows 10 Enterprise Upgrade
Technology Upgrades $ 27,038 Police, Network Server
Police $ 140,000 Market Patrol Vehicles
Police $ 85,000 PSO: Utility 4x4
Police $ 26,640 Squad Car Camera System
Police $ 90,000 Squad Computers
Police $ 500,000 Records Management System
Police $ 50,000 Administrative Vehicles
Public Works: Building/Equipment Serv. $ 50,000 4x4 3/4 Ton Truck (Electric)
Public Works: Building/Equipment Serv. $ 10,000 Scissor Lift
Public Works: Parks/Forestry $ 27,000 Trucksters
Public Works: Parks/Forestry $ 55,000 Riding Mowers
Public Works: Parks/Forestry $ 10,000 Trailer Flatbed
Public Works: Parks/Forestry $ 80,200 Toolcat
Public Works: Streets/Traffic $ 60,000 1 Ton Dump Truck
Public Works: Utilities $ 43,000 Generator
TOTAL $ 1,482,794
2023 Other Budgeted Capital Expenditures
Along with the Capital Improvement and Equipment Replacement Plans the city has the following capital
items budgeted in the operating budgets of the General Fund. The first year an item is requested it must be
funded within the department making the request. Once the item has been funded it will be placed in the
ERP for future replacement. All construction related capital items are always placed in the CIP regardless of
the funding source. Items with a value of $5,000 or greater are defined as capital expenditures within the
General Fund. Items with a value of $5,000 or more will be placed in the ERP for future replacement once
funded by the department making the request. The exception is capital items in the Chemical Assessment
Team Special Revenue Fund, which is fully funded by State of Minnesota HazMat grant dollars. There are no
capital items in the 2024 General Fund.
Total budgeted capital items from all funding sources totals $13,324,794 for 2024.
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CITY OF HOPKINS
GENERAL FUND BUDGET PROJECTIONS
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Property Tax $ 14,020,781 $ 14,511,326 $ 15,546,069 $ 16,248,628 $ 16,980,124 $ 17,741,725
Intergovernmental Revenues 1,630,794 1,878,012 1,896,792 1,915,760 1,934,918 1,954,267
License, Permits and Fines 870,215 878,315 887,098 895,969 904,929 913,978
Charges for Current Services 326,900 353,100 367,224 381,913 397,190 413,078
Other Revenue 43,550 54,850 57,044 59,326 61,699 64,167
Franchise Fee 296,200 346,200 360,048 374,450 389,428 405,005
Total Reveues 17,188,440 18,021,803 19,114,275 19,876,046 20,668,288 21,492,220
Current Expenses
Salaries and Employee Benefits 12,717,918 13,346,832 13,880,705 14,435,933 15,013,370 15,613,905
Materials, Supplies and Services 4,400,522 4,964,971 5,163,570 5,370,113 5,584,918 5,808,315
Capital Outlay 50,000 50,000 50,000 50,000 50,000 50,000
Transfer Out 20,000 60,000 20,000 20,000 20,000 20,000
Total Expenditures 17,188,440 18,421,803 19,114,275 19,876,046 20,668,288 21,492,220
Change in Fund Balance - (400,000) - - - -
Fund Balance $ 9,013,101 $ 8,613,101 $ 8,613,101 $ 8,613,101 $ 8,613,101 $ 8,613,101
General Fund
Property tax revenue is the amount needed to fill the gap between budgeted revenues and appropriations.
The average increase in levy for the general fund for years 2024 through 2028 is projected to be 4.83%,
however City Council will continue to review these projections throughout the year. This projection reflects an
appropriation increase of 7.18% for 2024 and an average increase for years 2024-2028 of 3.99%. The actual
amount for any particular year may be reduced through appropriation cuts or new revenue sources. The city’s
reliance on support from the state has significantly decreased over the years as the state faced its budget
challenges and reduced local support. At one time taxes were less than 70% of total revenues. They now
comprise 80.5%. The city now uses a conservative estimate for state support while budgeting.
Tax base growth is used as a guide in keeping the property tax increase to a reasonable level. Due to recent
economic development Hopkins saw taxable market value increase by 5.6% in the current tax year. The city
continues to work with developers on several redevelopment projects that will contribute to the increase in the
tax base despite what current market trends indicate. Therefore Hopkins tax base will most likely see an
overall increase in the next few years.
Franchise fees – The City implemented an electric and gas utility franchise fee in 2004 to help offset the
amount of tax levy needed to fund general operations. The franchise fee has an optional sunset clause after
two years but has been renewed for two additional years in 2007, 2009, 2011 and for five years in 2013 and
2018. The franchise fee was renewed beginning in for a five year period beginning January 1, 2024. The fees
are now based on a percent of utility revenue generated, 5% for residential and 4.25% for
commercial/industrial accounts. Franchise fees are conservatively expected to grow by 3% annually as the
cost of energy utilities increase. .
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CITY OF HOPKINS
Intergovernmental revenue received by the City include police and fire aid, which is used to offset pension
costs of the police and fire departments and municipal state aid for streets. The City of Hopkins receives less
than 10% of its budget from state grants and programs. The revenue we do receive is derived from fees on
services to the public – police & fire aid is from fees on insurance policies purchased by individuals and
companies, municipal state aid is derived from gas tax. Both these sources remain stable. The State of
Minnesota will also provide Hopkins with about $1,081,000 in Local Government Aid. This funding source
was eliminated in by Minnesota from 2004 to 2013, it was reinstated in 2014 and saw modest increase
between 2022 and 2024.
Licenses, permits and fines include building permits are dependent on new construction and remodeling
projects. Based on projected new construction projects, historical information and economic conditions
revenues are budgeted to increase modestly from the 2023 to 2024 budget with revenues continuing to show
small increases. Fine revenue continues to be stable. Unless a developer’s commercial project has funding it
is the City’s practice to not budget for those amounts.
Various programs throughout the City generate charges for services and a significant portion of this line item
is plan review, housing inspection fees and vacant property registrations. Charges are usually increased by
an inflationary rate but due to timing of projected development and the resulting plan review fees we expect to
see higher increases for the 2024 budget. Future projections are to forecast an increase of 4% annually.
The general fund, which accounts for one third of the City's operating expenses, has a revenue budget of
$18,021,803 and an appropriation budget of the $18,421,803. The City has a surplus fund balance and it the
use of $400,000 of fund balance is planned for one-year only. The increase in appropriations over 2023 is
$1,233,363 or 7.18%. The budget was prepared with the intention of meeting the budget goals, while
assuring efficiency and effectiveness in all positions.
In 2024, the general fund expenditure budget ws increased for implementing a compensation study, cost of
living increases, step increases for elibible employees, equipment charges and one new employees.. The
council attempts to balance maintaining the current level of services while meeting the needs of residents.
An emphasis remained on holding the line on the cost of current government services, while recognizing the
increased cost of providing those services. Departments were requested to provide financial information by
programs within a department and the council spent considerable time reviewing that information before
adopting the budget.
The council and staff implemented a long-rage financial management plan for 2014 that provides funding
for future needs. The plan includes staffing, operational and capital needs and sets forth funding
mechanism to meet those expenditures. This plan played a key role in developing the 2024 budget for all
city funds. Staff also continues to explore ways to contain costs and develop new revenue sources so that
we can maintain the quality of life Hopkins residents have come to expect.
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CITY OF HOPKINS
The chart above shows the 2023 approved budget and projected budgets from 2027 through 2027
The general fund tax levy rises in proportion to general fund expenditures. Currently Hopkins relies on its
property taxes as its major source of revenue. In fact property taxes account for 80.5% of General Fund
revenues.
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CITY OF HOPKINS
General Fund Appropriation Budget Comparisons – By Department
2021 2022 2023 2024 Budget
Budget Budget Budget Budget $ Amount Change Change
Council $ 102,095 $ 104,699 $ 105,851 $ 133,032 $ 27,181 25.68%
Administrative Services 866,312 912,950 986,501 1,214,764 228,263 23.14%
Diversity, Equity & inclusion - - 33,530 133,530 100,000 298.24%
Finance 426,277 462,665 744,883 724,979 (19,904)-2.67%
Legal 200,000 225,000 225,000 250,000 25,000 11.11%
Municipal Building 390,560 380,901 380,832 416,207 35,375 9.29%
Community Services 1,302,163 1,368,920 1,307,585 1,495,856 188,271 14.40%
Police 6,242,455 6,417,544 6,958,766 7,129,993 171,227 2.46%
Fire 1,566,528 1,616,824 1,633,390 1,709,791 76,401 4.68%
Public Works 3,469,191 3,509,559 3,632,027 3,899,510 267,483 7.36%
Recreation 748,136 761,863 793,185 831,436 38,251 4.82%
Planning & Economic Dev. 233,000 204,784 170,842 224,193 53,351 31.23%
Community Development 114,921 118,711 126,848 129,312 2,464 1.94%
Unallocated 89,200 89,200 89,200 129,200 40,000 44.84%
TOTAL $ 15,750,838 $ 16,173,620 $ 17,188,440 $ 18,421,803 $ 1,233,363 7.18%
2024 Mayor, Council & City Mangement
Goal Setting Event 2024
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CITY OF HOPKINS
Budget Projections – Other Major Funds
The City also prepares budget projections for its budgeted major funds which include the following:
Special Revenue Funds – Economic Development, Arts Center
Enterprise Funds – Water, Sewer, Storm Sewer
Economic Development Fund
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Property Tax $ 551,531 $ 537,653 $ 559,159 $ 581,525 $ 604,786 $ 628,977
Intergovernmental Revenues - - - - - -
Other Revenue 20,000 20,053 20,000 20,000 20,000 20,000
Total Reveues 571,531 557,706 579,159 601,525 624,786 648,977
Current Expenses
Salaries and Employee Benefits 294,897 316,912 329,588 342,772 356,483 370,742
Materials, Supplies and Services 194,339 173,366 180,301 187,513 195,014 202,815
Transfer Out 30,000 30,000 40,000 40,000 40,000 40,000
Total Expenditures 519,236 520,278 549,889 570,285 591,497 613,557
Change in Fund Balance 52,295 37,428 29,270 31,240 33,289 35,420
Fund Balance $ 4,553,328 $ 4,590,756 $ 4,620,026 $ 4,651,266 $ 4,684,555 $ 4,719,975
The main source of revenue for the Economic Development Fund is a special development tax levy based on
a percentage of the market value. Hopkins market value has increased each year since 2011 allowing
Hopkins to increase this levy in each of those years. Funds are used for development efforts by the City and
to provide assistance to developers. Intergovernmental revenues in the form of grants from the County or
Metropolitan Council and are applied for when there are specific needs by a developer for site remediation in
order to make a project viable. In the past the City has been successful at obtaining these grants on behalf of
developers which has assisted in a number of recent projects which in turn adds to the tax base.
New development located near the future Blake Road light rail transit station.
057
CITY OF HOPKINS
Arts Center
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Property Tax $ 347,697 $ 345,000 $ 365,218 $ 374,375 $ 383,806 $ 393,520
Intergovernmental Revenues 32,000 75,000 75,750 76,508 77,273 78,046
Charges for Current Services 679,435 692,650 713,430 734,833 756,878 779,584
Other Revenue 25,000 25,000 25,000 25,000 25,000 25,000
Transfer In 80,000 35,000 80,000 80,000 80,000 80,000
Total Reveues 1,164,132 1,172,650 1,259,398 1,290,716 1,322,957 1,356,150
Current Expenses
Salaries and Employee Benefits 512,678 591,520 615,181 639,788 665,380 691,995
Materials, Supplies and Services 429,019 462,175 480,662 499,888 519,884 540,679
Capital Outlay 162,435 90,402 103,555 91,040 77,693 63,476
Total Expenditures 1,104,132 1,144,097 1,199,398 1,230,716 1,262,957 1,296,150
Change in Fund Balance 60,000 28,553 60,000 60,000 60,000 60,000
Fund Balance $ (357,204) $ (328,651) $ (268,651) $ (208,651) $ (148,651) $ (88,651)
The Hopkins Center for the Arts “Arts Center” was built in 1997 with funds from the City, the State of
Minnesota as well as contributions from corporations, foundations, local civic organizations, businesses and
individuals. The Arts Center is owned by the City of Hopkins and has a major tenant in Stages Theater
Company (children’s theater) and Hopkins School District 270. While ticket sales and lease rent provide a
significant income stream it has not always been sufficient to meet expenditures and as a result the fund has
a large deficit. Over the last five years various changes in operations has resulted in some success at
reducing the deficit, however it has not been sufficient to totally eliminate the negative position. As part of the
City’s long-range financial management plan staff and council emphasized that the negative position must be
eliminated. As a result the City implemented a tax levy for 2015 that will keep the fund from increasing the
deficit. The City is considering many options to eliminate the deficit including donations, naming rights, tax
levy support or transfers from other funds. In addition, Arts Center staff has been reorganized and additional
efforts have been made to rent and lease the various available spaces to the extent possible. Arts staff has
also been successful at obtaining grants for programming from the MN Arts Boards which help underwrite
the cost of hiring performance artists. Expenditures are expected to increase 3.75% a year to keep up with
inflation. In addition to operational expenditures the Arts Center due to its age has several capital needs over
the next couple of years that add to
its budget challenges. The Arts
Center has a partner in their fund
raising efforts through the Friends of
the Hopkins Center for the Arts, a
501(c)3 nonprofit that raises funds to
support arts programming at the
Center, coordinates volunteer efforts
and fosters public awareness of the
Center.
058
CITY OF HOPKINS
Water Fund
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Utility Charges $ 2,365,000 $ 2,747,400 $ 2,857,296 $ 2,971,588 $ 3,090,452 $ 3,214,070
Other Revenue 148,000 145,000 146,450 147,914 149,393 150,887
Total Reveues 2,513,000 2,892,400 3,003,746 3,119,502 3,239,845 3,364,957
Current Expenses
Salaries and Employee Benefits 594,466 648,590 648,591 648,592 648,593 648,594
Materials, Supplies and Services 1,239,276 1,347,280 1,347,281 1,347,282 1,347,283 1,347,284
Depreciation 328,922 330,000 330,000 330,000 330,000 330,000
Debt Service Payments 207,832 294,798 350,000 400,000 450,000 550,000
Transfer Out 257,091 238,307 215,000 200,000 185,000 160,000
Total Expenditures 2,627,587 2,858,975 2,890,872 2,925,874 2,960,876 3,035,878
Net Income (114,587) 33,425 112,874 193,628 278,969 329,079
Water utility rates were increased by approximately 15.0% in 2024 to continue to cover capital and
replacement costs. Operating costs are projected to increase by approximately 4.00% on average over the
next 4 years. Budgeted transfers are for the water funds share of street improvement projects.
Sewer Fund
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Utility Charges $ 3,425,000 $ 3,600,000 $ 3,744,000 $ 3,893,760 $ 4,049,510 $ 4,211,490
Other Revenue 35,000 35,000 35,000 35,000 35,000 35,000
Total Reveues 3,460,000 3,635,000 3,779,000 3,928,760 4,084,510 4,246,490
Current Expenses
Salaries and Employee Benefits 287,835 330,346 343,560 357,302 371,594 386,458
Materials, Supplies and Services 2,377,303 2,509,360 2,609,734 2,714,123 2,822,688 2,935,596
Depreciation 340,288 350,000 360,000 380,000 400,000 425,000
Debt Service Payments 202,372 149,768 215,000 225,000 250,000 275,000
Transfer Out 190,166 244,584 190,166 190,166 190,166 190,166
Total Expenditures 3,397,964 3,584,058 3,718,460 3,866,591 4,034,448 4,212,220
Net Income 62,036 50,942 60,540 62,169 50,062 34,270
Sewer treatment costs to the Metropolitan Council, a regional sewer treatment system are 55% of the
expenditures of the sewer fund. The Met Council charges municipalities a percentage of their annual budget
based on individual cities water flow. This charge can fluctuate based on water used in Hopkins versus the
entire region although our percentage has stayed constant the last few years. The variable factor is the Met
Council budget. Sanitary sewer charges to customers were increased by 5.0% in 2024 to continue to pay for
capital and replacement costs. Budgeted transfers are for the sewer funds share of street improvement
projects.
059
CITY OF HOPKINS
Storm Sewer Fund
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Utility Charges $ 779,332 $ 779,332 $ 802,712 $ 826,793 $ 851,597 $ 877,145
Other Revenue 31,000 31,000 31,000 31,000 31,000 31,000
Total Reveues 810,332 810,332 833,712 857,793 882,597 908,145
Current Expenses
Salaries and Employee Benefits 67,136 78,692 81,840 85,114 88,519 92,060
Materials, Supplies and Services 81,227 109,764 114,155 118,721 123,470 128,409
Depreciation 319,498 325,000 320,000 330,000 340,000 350,000
Debt Service Payments 148,824 97,829 110,000 120,000 130,000 140,000
Transfer Out 176,837 214,808 176,837 176,837 176,837 176,837
Total Expenditures 793,522 826,093 802,832 830,672 858,826 887,306
Net Income 16,810 (15,761) 30,880 27,121 23,771 20,839
The storm sewer fund has not had to raise rates since 2009 due to its strong financial position. The projected
budgeted includes rates increases of 3% beginning in 2025. Expenditures continue to be stable with no
significant maintenance projects planned for 2024. Budgeted transfers are for the storm sewer funds share
street improvement projects.
Pavilion Fund
Approved Projected
2023 2024 2025 2026 2027 2028
Budget Budget Budget Budget Budget Budget
Current Revenues
Property Tax $ 340,000 $ 440,000 $ 340,000 $ 340,000 $ 340,000 $ 340,000
Charges for Current Services 474,500 469,000 473,690 478,427 483,211 488,043
Other Revenue 4,500 4,700 4,500 4,500 4,500 4,500
Total Reveues 819,000 913,700 818,190 822,927 827,711 832,543
Current Expenses
Salaries and Employee Benefits 359,064 312,605 325,109 338,113 351,638 365,704
Materials, Supplies and Services 164,836 167,518 174,219 181,188 188,436 195,973
Depreciation 477,786 480,000 480,000 480,000 480,000 480,000
Capital - 100,000 25,000 25,000 25,000 25,000
Debt Service Payments 79,275 73,350 67,275 61,050 57,000 54,500
Total Expenditures 1,080,961 1,133,473 1,071,603 1,085,351 1,102,074 1,121,177
Net Income (261,961)(219,773)(253,413)(262,424)(274,363)(288,634)
The Hopkins Pavilion is an arena used year-round for a multitude of activities including ice skating, broomball,
soccer, lacrosse, inline skating, rugby and other community or private events. Charges for services are the
largest revenue source and come primarily from ice rental. The facility was renovated in 2018 with funds from
the City, local school district and a local youth hockey organization. The City’s property tax levy is being used
to pay the debt service for its contribution. Operating costs are projected to increase by approximately 2.06%
on average over the next 4 years.
060
CITY OF HOPKINS
FUNCTION: UNALLOCATED
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 12,792,890 $ 12,663,858 $ 14,020,781 $ 14,511,326 3.5%
Intergovernmental Revenue 853,667 880,066 925,794 1,081,012 16.77%
Charges for Current Services 16 83 - - 0%
Interest on Investments - 106,499 20,000 25,000 25%
Franchise Fees 306,032 303,957 296,200 346,200 16.88%
Other Revenues 36 1,043 250 250 0%
13,952,641 13,955,506 15,263,025 15,963,788 4.59%
Expenditures
Salaries and Wages $ (3,646) $ 562 $ - $ - 0%
Fringe Benefits 7,534 (13) - - 0%
Professional & Technical Services 2,066 7,137 - - 0%
Operations 17,074 3,500 69,200 69,200 0%
City Support Services (8,122) - - - 0%
Supplies and Materials - 43 - - 0%
Other Financing Uses 20,000 20,000 20,000 60,000 200%
34,906 31,229 89,200 129,200 44.84%
Indirectly Funded Amount (13,917,735)(13,924,277)(15,173,825)(15,834,588)4.35%
061
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Unallocated
PROGRAM: Unallocated
PROGRAM SUMMARY: The purpose of the unallocated program of the General Fund is to provide budget for
unforeseen or unusual expenditures that may occur in a given year. The revenues recorded here are revenues that
are not directly associated with another program within the city.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Monitor tax collections
2. Monitor franchise fee collections
3. Maximize investment earnings
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Property Taxes $ 12,792,890 $ 12,663,858 $ 14,020,781 $ 14,511,326 3.5%
Intergovernmental Revenue 853,667 880,066 925,794 1,081,012 16.77%
Charges for Current Services 16 83 - - 0%
Interest on Investments - 106,499 20,000 25,000 25%
Franchise Fees 306,032 303,957 296,200 346,200 16.88%
Other Revenues 36 1,043 250 250 0%
13,952,641 13,955,506 15,263,025 15,963,788 4.59%
Expenditures
Salaries and Wages $(3,646) $ 562 $ - $ - 0%
Fringe Benefits 7,534 (13) - - 0%
Professional & Technical Services 2,066 7,137 - - 0%
Operations 17,074 3,500 69,200 69,200 0%
City Support Services (8,122) - - - 0%
Supplies and Materials - 43 - - 0%
Other Financing Uses 20,000 20,000 20,000 60,000 200%
34,906 31,229 89,200 129,200 44.84%
NET TAX AND GENERAL
REVENUE SUPPORTED (13,917,735)(13,924,277)(15,173,825)(15,834,588)4.35%
062
CITY OF HOPKINS
FUNCTION: CITY COUNCIL
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
Salaries and Wages $ 39,747 $ 40,162 $ 43,424 $ 65,000 49.69%
Fringe Benefits 3,116 3,457 3,322 4,973 49.7%
Professional & Technical Services 2,676 269 1,500 4,500 200%
Operations 26,423 50,273 53,704 54,560 1.59%
Supplies and Materials 3,820 7,235 3,900 4,000 2.56%
75,782 101,396 105,850 133,033 25.68%
Indirectly Funded Amount 75,782 101,396 105,850 133,033 25.68%
The City Council Department accounts for the expenses of the mayor and council.
063
FUND 101 – GENERAL FUND
FUNCTION: Administration
PROGRAM: Council Administration
PROGRAM SUMMARY: The Council Administration program of the Council Department establishes city policies,
goals and objectives. It approves the budget and monitors the activities of the City Manager and City Attorney.
The council also appoints members to boards and commissions. The City Council holds regular meetings and work
sessions, receives input from staff, citizens and other interested parties. The Council controls policy through changes in
the City Code and Legislative Policies. They control spending through their review nd approval of the City budget and
various contracts.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Work across all city departments and the community to implement the current Goals and Strategic Plan: (1)
Preserve the Home Town Feel of Hopkins, (2) Urban Design: Do It Right, and (3) Take it to Them (community
engagement)
1. Promote city marketing efforts
2. Publish 2022/23 City Annual Report
3. Safely host 2023 State of the City event
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 39,747 $ 40,162 $ 43,424 $ 65,000 49.69%
Fringe Benefits 3,116 3,457 3,322 4,973 49.7%
Professional & Technical Services 2,676 269 1,500 4,500 200%
Operations 26,423 50,273 53,704 54,560 1.59%
Supplies and Materials 3,820 7,235 3,900 4,000 2.56%
75,782 101,396 105,850 133,033 25.68%
NET TAX AND GENERAL
REVENUE SUPPORTED 75,782 101,396 105,850 133,033 25.68%
PERSONNEL:
Number of FTE Positions 0 0 0 0
PERFORMANCE MEASURSES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Residents Represented 19,084 19,084 19,084 19,084
Number of Council Meetings/Worksessions 37 35 29 36
Estimated City Market Value (in billions) $ 2.393 $ 2.468 $ 2.734 $ 2.888
General Fund Budget overseen $ 14,915,058 $ 16,582,040 $ 17,188,440 $ 18,421,807
Total All Budgeted Funds $ 39,443,257 $ 41,537,036 $ 42,842,659 $ 46,367,009
064
CITY OF HOPKINS
FUNCTION: ADMINISTRATIVE SERVICES
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Charges for Current Services $- $ 401 $- $-0%
Other Revenues 750 11,965 -- 0%
750 12,366 - - 0%
Expenditures
Salaries and Wages $ 647,381 $ 732,711 $ 682,793 $ 842,259 23.35%
Fringe Benefits 174,818 187,812 232,711 280,515 20.54%
Professional & Technical Services 20,090 45,427 95,350 140,250 47.09%
Utilities and Maintenance 19,578 20,809 19,817 23,945 20.83%
Operations 132,862 170,680 179,625 270,340 50.5%
City Support Services 3,240 3,572 3,789 4,287 13.14%
Supplies and Materials 16,846 22,072 13,800 14,300 3.62%
1,014,815 1,183,083 1,227,885 1,575,896 28.34%
Reimbursed Expenditures
City Support Services $ (148,844) $ (207,856) $ (207,856) $ (260,786) 25.46%
(148,844)(207,856)(207,856)(260,786) 25.46%
Net Total Expenditures 865,971 975,227 1,020,029 1,315,110 28.93%
Indirectly Funded Amount 865,221 962,861 1,020,029 1,315,110 28.93%
The Administration Services Department is made up of four programs. They are Administration, Personnel, Wellness
and Information Technology Services.
065
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Administrative Services
PROGRAM: Administration
PROGRAM SUMMARY: The Administration program of the Administrative Services Department provides
leadership and support to all city programs and operations. Administration controls and directs the City’s affairs. It
responds to citizen concerns and participates in affiliated organizations.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $- $ 401 $- $-0%
Other Revenues 750 11,965 -- 0%
750 12,366 - - 0%
Expenditures
Salaries and Wages $ 295,828 $ 341,527 $ 295,563 $ 345,060 16.75%
Fringe Benefits 65,411 57,062 76,588 90,783 18.53%
Professional & Technical Services 2,362 33,542 13,400 8,400 -37.31%
Utilities and Maintenance 759 1,086 1,300 1,246 -4.15%
Operations 16,144 36,978 37,525 33,200 -11.53%
City Support Services (64,869)(83,338)(83,253)(92,785)11.45%
Supplies and Materials 10,325 20,193 8,500 9,000 5.88%
325,960 407,050 349,623 394,904 12.95%
NET TAX AND GENERAL
REVENUE SUPPORTED 325,210 394,684 349,623 394,904 12.95%
PERSONNEL:
Number of FTE Positions 1.55 2.05 2.77 2.77
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Encourage innovative, creative thinking and inform the City Council and community of new programs and
activities.
2. Develop leadership team to ensure the city’s long term viability through an engaged and empowered workforce.
3. Continue to operate and enhance the employee engagement & wellness program.
4. Increase ways for community engagement.
5. Prepare a legislative agenda, monitor legislative issues, and lobby on issues affecting the City
066
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Administrative Services
PROGRAM: Personnel
PROGRAM SUMMARY: Personnel provides human resource support for departments and employees. This
includes coordination of staff recruitment, coordination of employee benefit programs and conducting employee
relations’ activities for all City employees. Another aspect of this program is ensuring compliance with state, federal
and local laws regarding employment.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 78,500 $ 87,715 $ 96,912 $ 103,905 7.22%
Fringe Benefits 26,952 29,662 37,688 38,986 3.44%
Professional & Technical Services 4,729 488 61,200 11,100 -81.86%
Utilities and Maintenance 806 821 1,300 1,438 10.62%
Operations 13,597 10,512 11,120 14,550 30.85%
City Support Services (15,605)(25,858)(25,834)(43,443)68.16%
Supplies and Materials 5,426 1,879 1,500 1,500 0%
114,405 105,219 183,886 128,036 -30.37%
NET TAX AND GENERAL
REVENUE SUPPORTED 114,405 105,219 183,886 128,036 -30.37%
PERSONNEL:
Number of FTE Positions 0.4 0.4 0.8 0.8
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Successfully complete negotiations for two open union contracts
2. Successfully engage new employees.
3. Assist the City Manager with staff development opportunities.
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Full-time Employees 115 115 116 120
Full-time Employees hired 8 12 13 10
067
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Administrative Services
PROGRAM: Wellness
PROGRAM SUMMARY: The Wellness program of the Administrative Services Department provides support and
activities to encourage overall general good health of city employees.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 2, Strategy 3 – Healthy City Initiatives:
1. Continue to provide healthy guidance to employees.
2. Support the Employee Engagement & Wellness Committee
3. Provide wellness events and opportunities for employees
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Professional & Technical Services $ 500 $ 500 $ 1,350 $ 1,350 0%
Operations - - 300 300 0%
Supplies and Materials 774 -1,300 1,300 0%
1,274 500 2,950 2,950 0%
NET TAX AND GENERAL
REVENUE SUPPORTED 1,274 500 2,950 2,950 0%
PERSONNEL:
Number of FTE Positions 0 0 0 0
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Number of Employee Wellness/Education
Events 4 6 9 8
068
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Administrative Services
PROGRAM: Information Technology
PROGRAM SUMMARY: The Information Services program of the Administrative Services Department provides all
network hardware and software support for the City. It also provides individual city employees with hardware and
software support. The internal web site is designed and maintained through this program.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to provide assistance getting systems in place to allow employees to work from home
2. Continue to provide assistance getting systems in place to allow residents to easily access online information
and communications
3. Work on developing IT financial forecast
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 273,053 $ 295,684 $ 290,318 $ 363,294 25.14%
Fringe Benefits 82,455 100,492 118,435 148,451 25.34%
Professional & Technical Services 12,499 10,897 19,400 19,400 0%
Utilities and Maintenance 18,013 18,902 17,217 21,261 23.49%
Operations 103,121 123,190 130,680 210,290 60.92%
City Support Services (65,130)(95,088)(94,980)(120,271)26.63%
Supplies and Materials 321 -2,500 2,500 0%
424,332 454,077 483,570 644,925 33.37%
NET TAX AND GENERAL
REVENUE SUPPORTED 424,332 454,077 483,570 644,925 33.37%
PERSONNEL:
Number of FTE Positions 3.1 3.1 3.1 3.1
069
CITY OF HOPKINS
FUNCTION: DIVERSITY, EQUITY & INCLUSION
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
Salaries and Wages $- $- $- $ 20,000 0%
Fringe Benefits -- - 1,530 0%
Professional & Technical Services -- - 100,000 0%
Operations -- - 12,000 0%
- - - 133,530 0%
Indirectly Funded Amount - - - 133,530 0%
Building on work completed in 2022 & 2023 the City of Hopkins created a budget for diversity, equity and
inclusion in 2024. The City Council adopted three vision statements that will be used to shape future work:
1.The City of Hopkins is reflective and inclusive of our diverse community in all roles across the organization.
2. The City of Hopkins makes decisions informed by equitable and authentic community engagement,
genuine partnerships and relationships with the community.
3. The City of Hopkins is committed to equity, diversity and inclusion in the development and evaluation of
070
CITY OF HOPKINS
FUNCTION: Diversity, Equity & Inclusion
PROGRAM: Diversity, Equity & Inclusion
PROGRAM SUMMARY:
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to support systemic change related to diversity, equity and inclusion across the organization through
implementation of a Equity Strategic Action Plan with a focus on Financial Investment and Human Development.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $- $- $- $ 20,000 0%
Fringe Benefits -- - 1,530 0%
Professional & Technical Services -- - 100,000 0%
Operations -- - 12,000 0%
- - - 133,530 0%
NET TAX AND GENERAL
REVENUE SUPPORTED - - - 133,530 0%
FUND 101 – GENERAL FUND
071
CITY OF HOPKINS
FUNCTION: FINANCE
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Charges for Current Services $ 222,862 $ 263,614 $ 7,500 $ 7,500 0%
Other Revenues 97 11,350 1,000 1,000 0%
222,959 274,964 8,500 8,500 0%
Expenditures
Salaries and Wages $ 334,692 $ 359,506 $ 379,960 $ 435,729 14.68%
Fringe Benefits 108,318 126,068 143,001 157,166 9.91%
Professional & Technical Services 164,767 197,806 138,050 143,450 3.91%
Utilities and Maintenance 328 387 3,125 482 -84.58%
Operations 13,683 17,694 21,900 19,275 -11.99%
City Support Services 2,306 2,368 2,511 2,578 2.67%
Supplies and Materials 11,199 5,495 2,100 2,200 4.76%
635,293 709,324 690,647 760,880 10.17%
Reimbursed Expenditures
City Support Services $ (218,168) $ (201,852) $ (201,852) $ (178,292)-11.67%
(218,168)(201,852)(201,852)(178,292)-11.67%
Net Total Expenditures 417,125 507,472 488,795 582,588 19.19%
Indirectly Funded Amount 194,166 232,508 480,295 574,088 19.53%
The Finance department consists of five programs. They are Debt Management, General Accouting, Payroll, Tax
Increment Financing Administration and Utility Billing.
In January 2014 the City was
upgraded to a AA+ credit rating by
Standard & Poor’s. A certificate
recognizing this achievement was
presented to the City by the City’s
financial advisors. The AA+ rating
was reaffirmed for each of the
bond issues sold in 2021.
072
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Finance
PROGRAM: Debt
PROGRAM SUMMARY: The Debt program of the Finance Department issues, records and maintains debt for the
City of Hopkins and the Hopkins Housing and Redevelopment Authority. Debt is issued in accordance with state
statute and city charter. Debt is maintained at a manageable level for the city.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Maintain the current bond rating of AA+ through conservative financial management and accurate reporting of
financial and economic conditions of the city.
2. Project future debt needs and ability.
3. Prepare documents and work with financial advisors for 2024 bond issue.
4. Analyze possibilities of debt refunding(s).
5. Prepare annual debt reporting for county as required by state statutes
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 12,549 $ 13,349 $ 14,207 $ 15,661 10.23%
Fringe Benefits 2,545 3,603 4,061 4,257 4.83%
Professional & Technical Services 5,825 6,075 2,100 2,150 2.38%
City Support Services (17,875)(15,109)(15,106)(18,643)23.41%
3,044 7,918 5,262 3,425 -34.91%
NET TAX AND GENERAL
REVENUE SUPPORTED 3,044 7,918 5,262 3,425 -34.91%
PERSONNEL:
Number of FTE Positions 0.1 0.1 0.1 0.1
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Standard & Poors credit rating AA+AA+AA+AA+
Vendor checks issued 3,989 3,986 4,000 4,000
Receipts Processed 29,697 30,453 30,000 3,000
Utility accounts serviced 3,597 3,584 3,600 3,600
Date of audit opinion (target June 15)June 28 June 29 June 15 June 15
GFOA CAFR Award Yes Yes Yes Yes
GFOA Budget Award Yes Yes Yes Yes
073
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Finance
DEPARTMENT: Accounting
PROGRAM SUMMARY: The Accounting program of the Finance Department provides financial management for
the City and the Housing and Redevelopment Authority. It provides support services to other departments in the
City through initiating fiscal plans, implementation and control of those plans, accounting and analysis of
transactions. Accounting manages the city’s day-to-day accounting transactions, including accounts receivable,
accounts payable, cash receipts and general accounting. The program prepares monthly and quarterly financial
statements and compiles the year-end comprehensive financial report.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 222,652 $ 262,820 $ 2,500 $ 2,500 0%
Other Revenues 97 11,350 1,000 1,000 0%
222,749 274,170 3,500 3,500 0%
Expenditures
Salaries and Wages $ 193,391 $ 208,480 $ 218,445 $ 290,784 33.12%
Fringe Benefits 54,892 67,344 72,839 96,032 31.84%
Professional & Technical Services 65,588 84,758 55,000 61,000 10.91%
Utilities and Maintenance 164 193 175 148 -15.43%
Operations 8,629 11,668 14,400 14,875 3.3%
City Support Services (62,847)(74,397)(74,326)(75,291)1.3%
Supplies and Materials 10,670 5,407 1,500 2,100 40%
270,487 303,453 288,033 389,648 35.28%
NET TAX AND GENERAL
REVENUE SUPPORTED 47,738 29,283 284,533 386,148 35.71%
PERSONNEL:
Number of FTE Positions 1.95 1.95 1.95 1.95
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Submit ACFR for the GFOA award program.
2. Provide accurate and timely quarterly financial reports.
3. Update the Financial Management Plan
4. Prepare 5-year Capital Improvement Plan.
5. Prepare 20-year Equipment Replacement Plan
074
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Finance
PROGRAM: Payroll
PROGRAM SUMMARY: The Payroll program of the Finance Department completes the biweekly payroll,
maintains all payroll records and completes the payroll quarterly reports. It also provides support services to
employees regarding payroll issues.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 53,604 $ 58,142 $ 61,203 $ 66,188 8.15%
Fringe Benefits 18,510 21,484 23,420 24,561 4.87%
Professional & Technical Services 12,985 20,726 14,750 16,500 11.86%
Utilities and Maintenance 82 97 350 334 -4.57%
Operations 836 425 2,150 4,150 93.02%
City Support Services (19,502)(22,416)(22,385)(21,049)-5.97%
Supplies and Materials - - 100 100 0%
66,515 78,458 79,588 90,784 14.07%
NET TAX AND GENERAL
REVENUE SUPPORTED 66,515 78,458 79,588 90,784 14.07%
PERSONNEL:
Number of FTE Positions 1.0 1.0 0.6 0.6
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Assist employees with payroll and benefit issues/questions.
2. Provide accurate and timely payroll and reports.
3. Work with insurance company to manage insurance programs.
4. Prepare benefit open enrollment information and assist employees with questions regarding their benefit
options.
5. Provide employee benefit orientations for new hires
075
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Finance
PROGRAM: Tax Increment Financing (TIF) Administration
PROGRAM SUMMARY: The Tax Increment Financing Administration program of the Finance Department records
and reports tax increment program activities. It is charged with the responsibility of ensuring compliance with state
statutes and guidelines.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 12,549 $ 13,349 $ 14,207 $ 15,661 10.23%
Fringe Benefits 2,545 3,602 4,648 4,930 6.07%
Professional & Technical Services 2,600 2,700 3,700 3,800 2.7%
Operations - - 250 250 0%
City Support Services (21,203)(15,496)(15,493)(23,197)49.73%
(3,509) 4,155 7,312 1,444 -80.25%
NET TAX AND GENERAL
REVENUE SUPPORTED (3,509) 4,155 7,312 1,444 -80.25%
PERSONNEL:
Number of FTE Positions 0.1 0.1 0.1 0.1
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue analysis of Tax Increment Financing funds.
2. Assist with implementation of new TIF districts.
3. Prepare annual Office of the State Auditor reports
076
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Finance
PROGRAM: Utility Billing
PROGRAM SUMMARY: The Utility Billing program of the Finance Department prepares and issues monthly utility
bills for collection of utility service fees from its customers. Utility records are maintained and updated within this
program.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024
1. Assist customers with utility billing issues and questions – change of service, change of ownership, etc.
2. Promote automatic payment options to increase usage of automatic payment.
3. Assist Public Works: Utility Division with City-Wide Meter Replacement project
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 210 $ 794 $ 5,000 $ 5,000 0%
210 794 5,000 5,000 0%
Expenditures
Salaries and Wages $ 62,599 $ 66,186 $ 71,898 $ 47,435 -34.02%
Fringe Benefits 29,826 30,035 38,033 27,386 -27.99%
Professional & Technical Services 77,769 83,547 62,500 60,000 -4%
Utilities and Maintenance 82 97 2,600 - -100%
Operations 4,218 5,601 5,100 - -100%
City Support Services (94,435)(72,066)(72,031)(37,534)-47.89%
Supplies and Materials 529 88 500 - -100%
80,588 113,488 108,600 97,287 -10.42%
NET TAX AND GENERAL
REVENUE SUPPORTED 80,378 112,694 103,600 92,287 -10.92%
PERSONNEL:
Number of FTE Positions 0.85 0.85 0.85 0.85
077
CITY OF HOPKINS
FUNCTION: LEGAL
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Licenses, Permits & Fines $ 96,702 $ 87,063 $ 125,000 $ 125,000 0%
96,702 87,063 125,000 125,000 0%
Expenditures
Professional & Technical Services $ 282,546 $ 320,759 $ 225,000 $ 250,000 11.11%
282,546 320,759 225,000 250,000 11.11%
Indirectly Funded Amount 185,844 233,696 100,000 125,000 25%
The Legal Department is made up of two programs. They are Legal Counsel and Prosecution.
078
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Administration
PROGRAM: Legal
PROGRAM SUMMARY: The Legal department represents the City in court, at City Council meetings and direct
contact with staff and the general public. The firm of Kennedy & Graven is retained on a fee per hour basis. They
respond to legal summons and/or initiate action on behalf of the City. Written and oral inquiries are made by staff,
council, citizens and other interested parties. The city engages other law firms when necessary.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Prosecute the rights of the City.
2. Prosecute violators of the law.
3. Obtain quality legal representation for the City
4. Assist City staff with development projects
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 96,702 $ 87,063 $ 125,000 $ 125,000 0%
96,702 87,063 125,000 125,000 0%
Expenditures
Professional & Technical Services $ 282,546 $ 320,759 $ 225,000 $ 250,000 11.11%
282,546 320,759 225,000 250,000 11.11%
NET TAX AND GENERAL
REVENUE SUPPORTED 185,844 233,696 100,000 125,000 25%
PERSONNEL:
The City contracts with a legal firm to represent the City.
079
CITY OF HOPKINS
FUNCTION: MUNICIPAL BUILDING
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Other Revenues $ - $ 492 $ - $ - 0%
- 492 - - 0%
Expenditures
Salaries and Wages $ 98,094 $ 96,953 $ 104,417 $ 108,771 4.17%
Fringe Benefits 36,462 35,979 47,305 49,695 5.05%
Professional & Technical Services 59,813 58,380 57,550 60,550 5.21%
Utilities and Maintenance 197,120 209,701 162,325 181,413 11.76%
Operations 966 369 3,040 3,040 0%
City Support Services 23,830 23,746 23,755 24,388 2.66%
Supplies and Materials 10,407 8,021 17,525 17,525 0%
426,692 433,149 415,917 445,382 7.08%
Reimbursed Expenditures
City Support Services $ (32,814) $ (38,000) $ (35,086) $ (40,691)15.98%
(32,814)(38,000)(35,086)(40,691)15.98%
Net Total Expenditures 393,878 395,149 380,831 404,691 6.27%
Indirectly Funded Amount 393,878 394,657 380,831 404,691 6.27%
The Municipal Building Department consists of building maintenace.
080
CITY OF HOPKINS
FUNCTION: Building Maintenance
PROGRAM: Maintenance – Municipal Buildings
PROGRAM SUMMARY: The Building Maintenance Department of Public Works is responsible for the maintenance
and repair of all City Buildings. The Municipal Budget covers City Hall and the Police Department. In house
maintenance personnel and contractual custodial services maintain these buildings and equipment.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Maintain City Hall to assure a safe and comfortable environment for Residents and City employees at the
lowest cost
2. Continue Green Initiatives within City Hall.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Other Revenues $ - $ 492 $ - $ - 0%
- 492 - - 0%
Expenditures
Salaries and Wages $ 98,094 $ 96,953 $ 104,417 $ 108,771 4.17%
Fringe Benefits 36,462 35,979 47,305 49,695 5.05%
Professional & Technical Services 59,813 58,380 57,550 60,550 5.21%
Utilities and Maintenance 197,120 209,701 162,325 181,413 11.76%
Operations 966 369 3,040 3,040 0%
City Support Services (8,984)(14,254)(11,331)(16,303)43.88%
Supplies and Materials 10,407 8,021 17,525 17,525 0%
393,878 395,149 380,831 404,691 6.27%
NET TAX AND GENERAL
REVENUE SUPPORTED 393,878 394,657 380,831 404,691 6.27%
PERSONNEL:
Number of FTE Positions 1.45 1.45 1.28 1.28
FUND 101 – GENERAL FUND
081
CITY OF HOPKINS
FUNCTION: COMMUNITY SERVICES
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Licenses, Permits & Fines $ 714,179 $ 1,205,533 $ 568,000 $ 574,900 1.21%
Charges for Current Services 169,925 386,658 178,450 178,450 0%
884,104 1,592,191 746,450 753,350 0.92%
Expenditures
Salaries and Wages $ 573,101 $ 679,861 $ 916,498 $ 950,373 3.7%
Fringe Benefits 187,405 246,174 287,932 348,502 21.04%
Professional & Technical Services 224,455 250,330 300,181 293,752 -2.14%
Utilities and Maintenance 9,440 8,212 13,880 12,913 -6.97%
Operations 12,683 14,222 36,640 41,305 12.73%
City Support Services 49,833 59,646 60,189 96,661 60.6%
Supplies and Materials 8,111 8,459 14,685 15,722 7.06%
Equipment Allocation 10,175 22,619 5,300 9,300 75.47%
1,075,203 1,289,523 1,635,305 1,768,528 8.15%
Reimbursed Expenditures
City Support Services $ (60,132) $ (71,632) $ (71,632) $ (71,347)-0.4%
(60,132)(71,632)(71,632)(71,347)-0.4%
Net Total Expenditures 1,015,071 1,217,891 1,563,673 1,697,181 8.54%
Indirectly Funded Amount 130,967 (374,300) 817,223 943,831 15.49%
082
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Receptionist
PROGRAM SUMMARY: The Receptionist program of the Community Services Department answers calls at main
switchboard and route calls to various departments. Directs walk-in customers to the appropriate department.
Sales of dog licenses and parking permits occur in this program. Receipts are accepted for payment of building
permits and utility bills. The program also provides clerical and secretarial services to other departments.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ - $ 85 $ - $ - 0%
Fringe Benefits - 7 - - 0%
Supplies and Materials - 81 - - 0%
- 173 - - 0%
NET TAX AND GENERAL
REVENUE SUPPORTED - 173 - - 0%
PERSONNEL:
Number of FTE Positions 0 0 0 0
The FTE allocation was reclassified to administration in 2020.
OBJECTIVES TO BE ACCOMPLISHED IN 2022:
Goal 1, Strategy 3- Provide Accessible and Friendly City Services:
1. N/A – Program Combined with Administration Department
083
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Assessing
PROGRAM SUMMARY: The Assessing Department assists property owners with Homestead classification and
works with Hennepin County on property valuations. The department also prepares special assessment rolls and
responds to property owner concerns and questions.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 256 $ 740 $ 3,000 $ 3,000 0%
256 740 3,000 3,000 0%
Expenditures
Salaries and Wages $ 58,639 $ 44,251 $ 72,302 $ 25,000 -65.42%
Fringe Benefits 29,698 16,583 38,597 894 -97.68%
Professional & Technical Services 174,033 173,844 190,171 185,000 -2.72%
Utilities and Maintenance 246 290 350 296 -15.43%
Operations 89 662 900 900 0%
City Support Services (22,786)(46,606)(46,531)(62,721)34.79%
Supplies and Materials 267 704 300 300 0%
240,186 189,728 256,089 149,669 -41.56%
NET TAX AND GENERAL
REVENUE SUPPORTED 239,930 188,988 253,089 146,669 -42.05%
PERSONNEL:
Number of FTE Positions 1.05 1.05 1.00 1.00
OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 1, Strategy 3- Provide Accessible and Friendly City Services:
1. Prepare special assessment rolls for certification on taxes.
2. Assist property owners with property related issues.
3. Maintain the Property and Contact Information in the Springbrook Financial and Permitworks Software.
084
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: City Clerk
PROGRAM SUMMARY: The City updates the City Code as new ordinances are passed, takes minutes at the City
Council meetings and transcribes them using a computer. Business licenses applications are reviewed prior to
issuance. The City Clerk is also the purchasing officer of the city.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 8,520 $ 10,575 $ 8,000 $ 8,900 11.25%
8,520 10,575 8,000 8,900 11.25%
Expenditures
Salaries and Wages $ 74,437 $ 78,522 $ 88,462 $ 131,317 48.44%
Fringe Benefits 21,089 22,851 28,378 54,346 91.51%
Professional & Technical Services 4,575 4,538 6,000 6,000 0%
Utilities and Maintenance 164 193 200 - -100%
Operations 8,535 10,330 12,325 15,400 24.95%
City Support Services (32,685)(20,197)(19,980)(3,320)-83.38%
Supplies and Materials 436 603 200 - -100%
76,551 96,840 115,585 203,743 76.27%
NET TAX AND GENERAL
REVENUE SUPPORTED 68,031 86,265 107,585 194,843 81.11%
PERSONNEL:
Number of FTE Positions 0.75 0.75 0.75 0.75
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 2, Strategy 2 – Go Green
1. Purchase “green” or recycled products when available if the pricing is competitive and product meets quality
standards.
2. Ensure that the City Document Archives section of the City’s website contains the most up to date information
in all areas listed.
3. Review and update where needed applications and forms that are available on the Web site.
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Registered voters 11,896 10,742 10,820 12,000
Voter turnout
Absentee voter count 516 2,500 356 2,500
In person voter count 2,158 4,784 1,716 5,000
Number of Elections & Primaries Held 1 2 1 5
Number of Days Open for Early Voting 43 43 43 43
085
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Elections
PROGRAM SUMMARY: The Elections program of the Community Services Department provides supervision of
elections, registers voters, and certifies election results. All state and federal legislation is reviewed, judges are
trained, and equipment and polling places are prepared. After elections ballots are counted and the results certified
to the County and State of Minnesota.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 28,762 $- $- $-0%
28,762 - - - 0%
Expenditures
Salaries and Wages $ 45,688 $ 61,651 $ 90,273 $ 100,125 10.91%
Fringe Benefits 10,320 11,629 12,693 17,488 37.78%
Professional & Technical Services 107 38 10,000 6,000 -40%
Utilities and Maintenance 3,897 3,073 4,000 4,000 0%
Operations 206 229 6,700 1,700 -74.63%
City Support Services 226 202 215 187 -13.02%
Supplies and Materials 4,148 3,554 6,000 6,000 0%
Equipment Allocation -17,444 - - 0%
64,592 97,820 129,881 135,500 4.33%
NET TAX AND GENERAL
REVENUE SUPPORTED 35,830 97,820 129,881 135,500 4.33%
PERSONNEL:
Number of FTE Positions 0.35 0.35 0.35 0.35
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Recruit and train additional Election Judges for the early voting, primaries, special elections and general election.
2. Work with Hennepin County City to review voting equipment and the possible replacement.
3. Work to better organize information and supplies for Election Judges use on Election Day.
086
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Building Code Inspection
PROGRAM SUMMARY: The Building Code Inspection program of the Community Services Department inspects
all new or remodeled buildings to insure they meet the minimum requirements of the state building code. The
process begins with easily accessible customer service at the inspections counter and continues with plan review;
permit issuance, inspection of construction phases and an issuance of a certificate of occupancy.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 401,262 $ 720,338 $ 316,000 $ 316,000 0%
Charges for Current Services 137,487 365,209 157,000 157,050 0.03%
538,749 1,085,547 473,000 473,050 0.01%
Expenditures
Salaries and Wages $ 221,892 $ 229,477 $ 326,243 $ 360,277 10.43%
Fringe Benefits 84,367 92,046 81,145 142,568 75.7%
Professional & Technical Services 40,661 63,929 87,000 92,000 5.75%
Utilities and Maintenance 2,372 2,178 3,500 3,453 -1.34%
Operations 3,561 2,717 7,600 15,600 105.26%
City Support Services 42,772 51,770 51,833 88,214 70.19%
Supplies and Materials 2,752 2,952 5,875 7,282 23.95%
Equipment Allocation 6,375 5,175 5,300 8,300 56.6%
404,752 450,244 568,496 717,694 26.24%
NET TAX AND GENERAL
REVENUE SUPPORTED (133,997)(635,303) 95,496 244,644 156.18%
PERSONNEL:
Number of FTE Positions 2.2 2.2 2.5 3.5
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 1, Strategy 3- Provide Accessible and Friendly City Services:
1. Work on closing out aging permits from the past years.
2. Continue utilizing Laserfiche for paperless document retention
3. Review Permit Fees for rate increases
4. Continue to provide excellent customer service
087
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Fire Code Inspection
PROGRAM SUMMARY: The Fire Code Inspection program of the Community Services Department inspects
existing buildings from time to time to insure they are maintained safe in accordance with the minimum safety
standards provided in the state fire code. A percentage of commercial and large multiple residential buildings are
inspected yearly for fire code violations to insure these structures are maintained safe for their occupants. The
focus is on more hazardous occupancies.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 5,103 $ 15,850 $ 6,000 $ 6,000 0%
5,103 15,850 6,000 6,000 0%
Expenditures
Salaries and Wages $ 31,076 $ 63,273 $ 82,320 $ 80,957 -1.66%
Fringe Benefits 8,781 26,566 33,158 36,719 10.74%
Professional & Technical Services 299 510 100 100 0%
Utilities and Maintenance 49 39 50 42 -16%
Operations 2 94 - - 0%
City Support Services 507 640 679 673 -0.88%
40,714 91,122 116,307 118,491 1.88%
NET TAX AND GENERAL
REVENUE SUPPORTED 35,611 75,272 110,307 112,491 1.98%
PERSONNEL:
Number of FTE Positions 0.25 0.25 0.25 0.25
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue the fire prevention inspection program.
2. Implement new fire code software.
088
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Heating and Plumbing Code Inspection
PROGRAM SUMMARY: The Heating and Plumbing Code Inspection program of the Community Services
Department inspects new and remodeled buildings for heating and plumbing compliance. The process begins with
easily accessible customer service at the inspections counter and continues with plan review; permit issuance,
inspection of construction phases. Become familiar with new gas, mechanical and energy code.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 152,320 $ 299,800 $ 96,000 $ 96,000 0%
152,320 299,800 96,000 96,000 0%
Expenditures
Salaries and Wages $ 96,907 $ 99,602 $ 92,565 $ 111,031 19.95%
Fringe Benefits 28,601 35,109 32,098 37,198 15.89%
Professional & Technical Services 3,609 4,998 1,200 842 -29.83%
Utilities and Maintenance 1,155 1,041 1,750 1,354 -22.63%
Operations 19 168 2,350 4,300 82.98%
City Support Services 589 798 847 819 -3.31%
Supplies and Materials 232 21 500 590 18%
Equipment Allocation 950 - - 1,000 0%
132,062 141,737 131,310 157,134 19.67%
NET TAX AND GENERAL
REVENUE SUPPORTED (20,258)(158,063) 35,310 61,134 73.14%
PERSONNEL:
Number of FTE Positions 1.0 1.0 1.1 1.1
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. PermitWorks Training
2. Close Out Aging Permits
3. Look at Updating Permit Fees
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
New Commercial/Industrial Permits 1 5 2 -
Valuation 912,500 82,106,328 46,575,000 -
New Single-Family Home Permits 1 3 4 -
Valuation 575,000 1,298,000 2,514,365 -
New Multiple Family Building Permits 1 3 1 3
Valuation 8,871,151 31,235,491 68,993,193 100,000,000
Fire Permits 40 43 35 40
Total Building Permits 707 446 491 500
Valuation 38,156,628 137,019,951 134,521,647 100,000,000
089
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Housing Inspection
PROGRAM SUMMARY: The Housing Inspection program of the Community Services Department inspects all
existing buildings from time to time to insure they are maintained safe in accordance with city housing code. Rental
properties are inspected every five years to identify hazards to the occupants and to insure buildings are well
maintained and to improve on the city’s housing stock. Homes being sold in the community must be evaluated. A
listing of certified evaluators for the Truth in Housing program are maintained. Home sales are monitored to insure
compliance.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 137,874 $ 157,820 $ 139,000 $ 145,000 4.32%
Charges for Current Services 3,420 20,709 16,050 16,000 -0.31%
141,294 178,529 155,050 161,000 3.84%
Expenditures
Salaries and Wages $ 27,190 $ 92,716 $ 140,513 $ 129,712 -7.69%
Fringe Benefits 5,371 42,566 53,039 54,647 3.03%
Professional & Technical Services 1,092 2,394 3,810 3,810 0%
Utilities and Maintenance 1,021 919 2,580 2,568 -0.47%
Operations 224 17 4,240 2,330 -45.05%
City Support Services 781 919 975 991 1.64%
Supplies and Materials 276 544 1,550 1,550 0%
Equipment Allocation 1,900 - - - 0%
37,855 140,075 206,707 195,608 -5.37%
NET TAX AND GENERAL
REVENUE SUPPORTED (103,439)(38,454) 51,657 34,608 -33%
PERSONNEL:
Number of FTE Positions 1.82 1.82 0.82 0.82
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 1, Strategy 3- Provide Accessible and Friendly City Services:
1. Retain all new rental inspection results on Laserfiche
2. Update Rental Licensing and Inspection Fees
090
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Miscellaneous Community Inspection
PROGRAM SUMMARY: The Miscellaneous Community Inspection program of the Community Services
Department responds to general nuisance complaints from Hopkins citizens. Track responses to citizens and
results of the complaint.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 9,100 $ 1,150 $ 3,000 $ 3,000 0%
Charges for Current Services - - 400 400 0%
9,100 1,150 3,400 3,400 0%
Expenditures
Salaries and Wages $ 15,853 $ 8,796 $ 21,652 $ 10,250 -52.66%
Fringe Benefits (1,424)(1,534) 8,134 4,114 -49.42%
Professional & Technical Services 79 79 1,900 - -100%
Utilities and Maintenance 536 479 1,450 1,200 -17.24%
Operations 45 4 2,525 1,075 -57.43%
City Support Services 297 488 519 471 -9.25%
Supplies and Materials - - 260 - -100%
Equipment Allocation 950 - - - 0%
16,336 8,312 36,440 17,110 -53.05%
NET TAX AND GENERAL
REVENUE SUPPORTED 7,236 7,162 33,040 13,710 -58.5%
PERSONNEL:
Number of FTE Positions 0.860 0.86 0.70 0.70
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Goal 1, Strategy 3- Provide Accessible and Friendly City Services:
1. Continue neighborhood sweeps and respond to resident complaints in a prompt and courteous manner.
2. Send out newsletter in spring regarding sweeps potential violations.
091
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Community Services
PROGRAM: Vacant Property Management
PROGRAM SUMMARY: The Vacant Property Management program of the Community Services Department
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ - $ - $ 2,000 $ 2,000 0%
- - 2,000 2,000 0%
Expenditures
Salaries and Wages $ 1,419 $ 1,488 $ 2,168 $ 1,704 -21.4%
Fringe Benefits 602 351 690 528 -23.48%
Operations 2 1 - - 0%
2,023 1,840 2,858 2,232 -21.9%
NET TAX AND GENERAL
REVENUE SUPPORTED 2,023 1,840 858 232 -72.96%
PERSONNEL:
Number of FTE Positions 0.02 0.02 0.02 0.02
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to educate mortgage banks, property managers, realtors and vacant property owners on why we
want them to register their property.
2. Send out enforcement letters and billings in a timely manner
092
CITY OF HOPKINS
FUNCTION: POLICE
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 372,327 $ 337,720 $ 380,000 $ 405,000 6.58%
Licenses, Permits & Fines 76,717 115,567 151,800 152,800 0.66%
Charges for Current Services 5,720 13,588 35,000 35,000 0%
Other Revenues 9,532 19,905 500 500 0%
464,296 486,780 567,300 593,300 4.58%
Expenditures
Salaries and Wages $ 3,757,326 $ 3,752,396 $ 4,147,197 $ 4,103,341 -1.06%
Fringe Benefits 1,397,071 1,656,978 1,767,420 1,814,191 2.65%
Professional & Technical Services 144,533 188,800 177,615 215,821 21.51%
Utilities and Maintenance 186,207 218,205 219,184 318,993 45.54%
Operations 217,647 192,847 208,468 227,715 9.23%
City Support Services 238,240 240,210 262,845 276,835 5.32%
Supplies and Materials 99,979 127,145 161,039 213,946 32.85%
Equipment Allocation 6,740 25,255 15,000 15,000 0%
6,047,743 6,401,836 6,958,768 7,185,842 3.26%
Indirectly Funded Amount 5,583,447 5,915,056 6,391,468 6,592,542 3.15%
093
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Administration
PROGRAM SUMMARY: To be recognized as a progressive law enforcement agency, striving to enhance the
quality of life for all citizens. We seek to collaborate with all stakeholders to continually improve our community.
Hopkins Police Department will recruit, hire, and retain the most qualified personnel to fulfill this vision.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. To provide effective, efficient, and professional police services to the community.
2. Continue to produce the highest ethical standards and transparent police department.
3. Create trust and partnerships with our multi-cultural community.
4. Promote a proactive, problem-solving culture that focuses on crime prevention.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 417,974 $ 440,041 $ 460,654 $ 508,781 10.45%
Fringe Benefits 172,705 199,264 187,870 204,834 9.03%
Professional & Technical Services 19,388 35,760 23,717 33,917 43.01%
Utilities and Maintenance 81,068 95,001 98,437 97,479 -0.97%
Operations 57,657 54,443 65,314 77,830 19.16%
City Support Services 22,670 23,590 24,491 26,211 7.02%
Supplies and Materials 10,929 11,583 18,666 17,766 -4.82%
Equipment Allocation 2,789 10,000 10,000 10,000 0%
785,180 869,682 889,149 976,818 9.86%
NET TAX AND GENERAL
REVENUE SUPPORTED 785,180 869,682 889,149 976,818 9.86%
PERSONNEL:
Number of FTE Positions 3.1 2.95 2.95 2.95
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Calls for Service 21,432 23,718 Not Available Not Available
Traffic Stops 1,720 2,592 Not Available Not Available
Total Citations 303 Not Available Not Available Not Available
Part I Crimes - Felony 503 Not Available Not Available Not Available
Part II Crimes - Non Felony 658 Not Available Not Available Not Available
094
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Patrol
PROGRAM SUMMARY: To provide public safety by reducing crime, enhancing the quality of life for all citizens,
while working collaboratively with all stakeholders in the community.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 372,327 $ 337,720 $ 380,000 $ 405,000 6.58%
Licenses, Permits & Fines 19,410 27,051 75,500 71,000 -5.96%
Charges for Current Services 5,634 13,588 25,000 25,000 0%
Other Revenues 9,532 19,905 - - 0%
406,903 398,264 480,500 501,000 4.27%
Expenditures
Salaries and Wages $ 2,639,421 $ 2,567,395 $ 2,727,400 $ 2,776,878 1.81%
Fringe Benefits 991,746 1,189,365 1,212,582 1,328,356 9.55%
Professional & Technical Services 81,512 110,950 94,276 114,690 21.65%
Utilities and Maintenance 21,777 20,847 28,000 28,000 0%
Operations 89,184 61,280 57,262 57,262 0%
City Support Services 142,885 142,601 157,962 166,309 5.28%
Supplies and Materials 63,456 84,341 76,121 117,493 54.35%
Equipment Allocation - 13,924 - - 0%
4,029,981 4,190,703 4,353,603 4,588,988 5.41%
NET TAX AND GENERAL
REVENUE SUPPORTED 3,623,078 3,792,439 3,873,103 4,087,988 5.55%
PERSONNEL:
Number of FTE Positions 26.08 26.88 27.18 27.18
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Provide the highest level of professional customer service to the public with each and every contact.
2. Create trust and partnerships with our multi-cultural community.
3. Provide proactive criminal enforcement through intelligence-lead policing efforts.
4. Committed to identifying and solving problems through building positive community partnerships
095
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: SWAT Team
PROGRAM SUMMARY: The Special Weapons and Tactics team (SWAT) of the Hopkins Police Department will
provide tactical and rescue operations in high-risk situations, and will receive the highest level of training possible.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 55,544 $ 55,862 $ 48,721 $ 41,302 -15.23%
Fringe Benefits 18,500 20,487 44,592 17,130 -61.59%
Professional & Technical Services 196 84 - - 0%
Utilities and Maintenance 7,435 21,713 2,150 2,150 0%
Operations 9,772 5,580 10,187 11,866 16.48%
City Support Services 8,906 9,401 9,966 10,520 5.56%
Supplies and Materials 5,942 6,868 5,249 8,965 70.79%
106,295 119,995 120,865 91,933 -23.94%
NET TAX AND GENERAL
REVENUE SUPPORTED 106,295 119,995 120,865 91,933 -23.94%
PERSONNEL:
Number of FTE Positions 0.35 0.5 0.5 0.5
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Committed to the highest level of training standards and performance standards.
2. Build upon strong working relationships with other consortium SWAT members and partners.
3. Continue to be a leader in the consortium of SWAT teams.
4. Continue to prepare for civil unrest while protecting everyone’s civil liberties
096
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTON: Police
PROGRAM: Reserves
PROGRAM SUMMARY: The Hopkins Police Reserve Unit provides civilian volunteers with exceptional training to
assist the police department with civic events, community-building and outreach efforts.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 6,932 $ 10,206 $ 266,404 $ 7,022 -97.36%
Fringe Benefits 2,065 3,840 85,250 2,807 -96.71%
Operations 741 522 1,764 1,764 0%
City Support Services 666 668 709 711 0.28%
Supplies and Materials 3,400 2,764 9,040 9,040 0%
13,804 18,000 363,167 21,344 -94.12%
NET TAX AND GENERAL
REVENUE SUPPORTED 13,804 18,000 363,167 21,344 -94.12%
PERSONNEL:
Number of FTE Positions 0.1 0.05 0.15 0.15
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to recruit individuals with diverse backgrounds.
2. Continue to supplement uniformed patrol with calls for service and problem-solving efforts.
3. Utilize Reserves in outreach and in police and community relations.
4. Utilize Reserve personnel whenever feasible to alleviate uniformed patrol calls for service.
097
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTON: Police
PROGRAM: Investigations
PROGRAM SUMMARY: The Investigations Division of the Police Department conducts thorough criminal
investigations on all criminal activity that has occurred in Hopkins, while working with other police agencies to
identify suspects and work collaboratively to prevent future crime.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 53,507 $ 84,036 $ 72,000 $ 77,500 7.64%
53,507 84,036 72,000 77,500 7.64%
Expenditures
Salaries and Wages $ 271,925 $ 318,916 $ 220,748 $ 333,545 51.1%
Fringe Benefits 104,282 125,074 95,921 139,826 45.77%
Professional & Technical Services 42,153 40,304 58,838 65,214 10.84%
Utilities and Maintenance 607 1,625 1,040 1,040 0%
Operations 15,727 19,883 21,865 19,000 -13.1%
City Support Services 29,767 29,558 32,870 34,590 5.23%
Supplies and Materials 8,447 8,310 7,757 11,372 46.6%
472,908 543,670 439,039 604,587 37.71%
NET TAX AND GENERAL
REVENUE SUPPORTED 419,401 459,634 367,039 527,087 43.61%
PERSONNEL:
Number of FTE Positions 2.95 2.45 2.45 2.45
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue professional development by training officers in the Investigations Division of the Hopkins Police
Department.
2. Continue to problem solve and reduce crime through crime analysis and intelligence-lead policing.
3. Work in partnership with other law enforcement agencies to identify crime trends and patterns on a local and
regional level.
4. Continue to work in partnership with all divisions within the Police Department.
5.5. Continue to work in partnership with the County Attorney’s Office to successfully prosecute individuals involved
in criminal behavior.
098
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Southwest Hennepin Drug Task Force
PROGRAM SUMMARY: The Southwest Hennepin Drug Task Force is a multi-jurisdictional unit that conducts
investigations of illegal drug activity by developing suspect information from citizens, utilizing confidential
informants, search warrants, surveillance, and other covert activities.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to work jointly with the Criminal Investigations Unit to identify suspects engaged in criminal activity.
2. Work with all divisions of the Police Department and communicate current crime trends and/or possible
suspects residing in the City.
3. Continue to work nuisance property and crime free multi-housing issues with the Police Services Liaison to
remove problem tenants from units who continue to use illegal drugs.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ - $ 480 $ - $ - 0%
- 480 - - 0%
Expenditures
Salaries and Wages $ 45,037 $ - $ 12,240 $ 12,000 -1.96%
Fringe Benefits 10,840 178 245 918 274.69%
Operations 8,306 3,752 6,500 6,500 0%
City Support Services 7,918 7,930 8,788 9,294 5.76%
Supplies and Materials 857 - - - 0%
Equipment Allocation 3,951 1,331 5,000 5,000 0%
76,909 13,191 32,773 33,712 2.87%
NET TAX AND GENERAL
REVENUE SUPPORTED 76,909 12,711 32,773 33,712 2.87%
PERSONNEL:
Number of FTE Positions 0.85 0.95 - -
099
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Crime Prevention Specialist/Outreach
PROGRAM SUMMARY: The Police Services Liaison is responsible for presenting and coordinating outreach and
crime prevention programs including Neighborhood Watch, National Night Out, Crime-free Multi-housing and
numerous other outreach initiatives. In addition, the Police Services Liaison administers the alarm program,
nuisance property program, review and revisions of various ordinances and grant research, application and
administration and is the staff liaison to SCIP, One Voice, HBCA, Rental Community Engagement Program and
other committees.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Increase participation in Crime Free Multi-Housing program & Neighborhood Watch.
2. Partner with businesses and neighborhoods to reduce crime.
3. Coordinate information sharing with Police/city staff regarding nuisance properties and other quality of life
issues.
4. Coordinate efforts with Joint Community Police Partnership (JCPP) Community Liaison.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 3,800 $ 4,000 $ 3,800 $ 3,800 0%
Other Revenues - - 500 500 0%
3,800 4,000 4,300 4,300 0%
Expenditures
Salaries and Wages $ 87,347 $ 89,097 $ 102,304 $ 106,397 4%
Fringe Benefits 30,262 40,140 41,103 43,525 5.89%
Professional & Technical Services 467 791 - - 0%
Operations 36,009 42,104 43,073 47,573 10.45%
City Support Services 1,695 1,589 1,688 1,561 -7.52%
Supplies and Materials 1,930 9,390 7,196 12,300 70.93%
157,710 183,111 195,364 211,356 8.19%
NET TAX AND GENERAL
REVENUE SUPPORTED 153,910 179,111 191,064 207,056 8.37%
PERSONNEL:
Number of FTE Positions 0.85 1.0 1.0 1.0
Torch Run Cops ‘n Kids Fishing
100
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Support Services
PROGRAM SUMMARY: This division of the Police Department provides the public, police personnel and other law
enforcement agencies with police data requested by mail, telephone and in person. Support Services personnel
strives for excellence in quality and accuracy of all police data while managing our Records Management System
(RMS), entering, modifying, and quality checking all police records. This division generates state and federal
mandated reports, transcribes and processes reports and correspondence and maintains records in accordance
with state and local guidelines.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ - $ - $ 500 $ 500 0%
Charges for Current Services 86 - 10,000 10,000 0%
86 - 10,500 10,500 0%
Expenditures
Salaries and Wages $ 233,146 $ 270,879 $ 308,726 $ 317,416 2.81%
Fringe Benefits 66,671 78,630 99,857 76,795 -23.1%
Professional & Technical Services 817 911 784 2,000 155.1%
Utilities and Maintenance 778 - 1,274 1,274 0%
Operations 251 5,283 2,503 5,920 136.52%
City Support Services 3,201 3,228 3,425 3,447 0.64%
Supplies and Materials - 651 490 490 0%
304,864 359,582 417,059 407,342 -2.33%
NET TAX AND GENERAL
REVENUE SUPPORTED 304,778 359,582 406,559 396,842 -2.39%
PERSONNEL:
Number of FTE Positions 3 3 3 3
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to refine processes for better efficiency of records maintenance.
2. Continue to provide weekly crime statistics and learning additional crime analysis software and mapping tools.
3. Maintain efficiency with report flow to respective agencies.
101
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Police
PROGRAM: Systems Management
PROGRAM SUMMARY: The Systems Management program of the Police Department is under the supervision of
the city’s IT department who oversees the maintenance of all police computer system networks, and state
communications interfaces.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to provide exceptional services to all stakeholders.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Utilities and Maintenance $ 74,542 $ 79,019 $ 88,283 $ 189,050 114.14%
City Support Services 20,532 21,645 22,946 24,192 5.43%
Supplies and Materials 5,018 3,238 36,520 36,520 0%
100,092 103,902 147,749 249,762 69.04%
NET TAX AND GENERAL
REVENUE SUPPORTED 100,092 103,902 147,749 249,762 69.04%
PERSONNEL:
Number of FTE Positions 0 0 0 0
102
CITY OF HOPKINS
FUNCTION: FIRE
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 148,007 $ 212,168 $ 140,000 $ 202,000 44.29%
Licenses, Permits & Fines 4,808 4,497 4,000 4,000 0%
Charges for Current Services 4,970 17,169 10,500 10,500 0%
Other Revenues 650 2,803 3,500 3,500 0%
158,435 236,637 158,000 220,000 39.24%
Expenditures
Salaries and Wages $ 657,576 $ 766,134 $ 661,293 $ 641,779 -2.95%
Fringe Benefits 369,871 327,976 370,376 440,674 18.98%
Professional & Technical Services 26,284 29,301 24,900 25,000 0.4%
Utilities and Maintenance 133,361 165,876 129,800 131,187 1.07%
Operations 139,469 118,320 86,670 87,200 0.61%
City Support Services 250,868 258,059 277,592 298,474 7.52%
Supplies and Materials 108,959 98,833 82,760 84,700 2.34%
Equipment Allocation 1,442 2,883 - - 0%
1,687,830 1,767,382 1,633,391 1,709,014 4.63%
Indirectly Funded Amount 1,529,395 1,530,745 1,475,391 1,489,014 0.92%
The Fire Department is made up of two programs. They are Fire Prevention/Suppresion and Emergency
Preparedness.
103
CITY OF HOPKINS
FUNCTION: Fire
PROGRAM: Fire
PROGRAM SUMMARY: The Fire Department includes Emergency Medical Services (EMS), Fire
Prevention/Suppression programs. The EMS program supports the Police Department in managing responses to
medical emergencies. The Fire Department responds to all life threatening situations and when there are no police
officers available to respond. Fire suppression is the response to all fires, hazardous materials, special hazards and
special rescue incidents in the city and fire prevention is the enforcement of the fire code, and the review and
inspection of new construction. It also provides for public education and files reports with the State Fire Marshall on
department activity, property loss or death due to fire emergencies.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Recruitment and Retention of members.
2. Implement a Mental Health and PTSD program for Fire Department Staff.
3. Implement a Staffing plan for the future of HFD.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 148,007 $ 212,168 $ 140,000 $ 202,000 44.29%
Licenses, Permits & Fines 4,808 4,497 4,000 4,000 0%
Charges for Current Services 4,970 17,169 10,500 10,500 0%
Other Revenues 650 2,803 3,500 3,500 0%
158,435 236,637 158,000 220,000 39.24%
Expenditures
Salaries and Wages $ 657,576 $ 766,134 $ 661,293 $ 641,779 -2.95%
Fringe Benefits 369,871 327,976 370,376 440,674 18.98%
Professional & Technical Services 26,284 29,301 24,900 25,000 0.4%
Utilities and Maintenance 133,361 165,876 129,800 131,187 1.07%
Operations 139,469 118,320 86,670 87,200 0.61%
City Support Services 250,868 258,059 277,592 298,474 7.52%
Supplies and Materials 108,959 98,833 82,760 84,700 2.34%
Equipment Allocation 1,442 2,883 - - 0%
1,687,830 1,767,382 1,633,391 1,709,014 4.63%
NET TAX AND GENERAL
REVENUE SUPPORTED 1,529,395 1,530,745 1,475,391 1,489,014 0.92%
PERSONNEL:
Number of FTE Positions 4.1 4.1 5.5 6.0
Volunteer Firefighters 32 32 32 32
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Total Calls (Medical & Fire Suppression) 1,557 1,948 2,258 Not Available
Average Response Time (minutes) 4.6 4.6 4.6 Not Available
Dollar Loss From Fire Damage $ 442,000 Not Available Not Available Not Available
FUND 101 – GENERAL FUND
104
CITY OF HOPKINS
FUNCTION: PUBLIC WORKS
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 185,220 $ 272,448 $ 185,000 $ 190,000 2.7%
Licenses, Permits & Fines 4,640 3,450 19,415 19,615 1.03%
Charges for Current Services 8,039 10,984 3,150 3,150 0%
Other Revenues 13,925 12,343 5,300 10,600 100%
211,824 299,225 212,865 223,365 4.93%
Expenditures
Salaries and Wages $ 1,674,681 $ 1,621,545 $ 1,666,097 $ 1,761,254 5.71%
Fringe Benefits 617,476 675,645 743,099 747,345 0.57%
Professional & Technical Services 471,492 692,781 583,000 656,400 12.59%
Utilities and Maintenance 382,643 464,915 468,750 495,332 5.67%
Operations 48,097 69,542 54,600 80,100 46.7%
City Support Services 291,785 288,950 295,004 328,725 11.43%
Supplies and Materials 260,583 391,524 378,100 396,350 4.83%
Equipment Allocation 5,844 38,996 - - 0%
3,752,601 4,243,898 4,188,650 4,465,506 6.61%
Reimbursed Expenditures
City Support Services $ (626,227) $ (435,076) $ (556,622) $ (595,252)6.94%
(626,227)(435,076)(556,622)(595,252)6.94%
Net Total Expenditures 3,126,374 3,808,822 3,632,028 3,870,254 6.56%
Indirectly Funded Amount 2,914,550 3,509,597 3,419,163 3,646,889 6.66%
105
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Buildings
PROGRAM SUMMARY: The Building Maintenance Department of Public Works is responsible for the maintenance
and repair of all City Buildings. The public works buildings budget covers the entire public works complex. The
buildings and equipment are maintained by in house maintenance personnel and the custodial duties by a contract
cleaner.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Other Revenues $ - $ 1,045 $ - $ - 0%
- 1,045 - - 0%
Expenditures
Salaries and Wages $ 25,494 $ 25,451 $ 27,556 $ 28,426 3.16%
Fringe Benefits 7,860 8,256 10,514 10,840 3.1%
Professional & Technical Services 33,890 24,657 25,000 26,200 4.8%
Utilities and Maintenance 84,043 63,612 78,700 83,689 6.34%
Operations 21,237 21,791 700 21,225 2932.14%
City Support Services (64,132)(27,229)(27,230)(26,502)-2.67%
Supplies and Materials 6,913 8,925 12,325 13,300 7.91%
115,305 125,463 127,565 157,178 23.21%
NET TAX AND GENERAL
REVENUE SUPPORTED 115,305 124,418 127,565 157,178 23.21%
PERSONNEL:
Number of FTE Positions 0.4 0.4 0.4 0.4
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Maintain PW building to assure a safe and comfortable environment for all City employees at the lowest cost to
the taxpayer.
106
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Equipment Services
PROGRAM SUMMARY: The Equipment Services program of the Public Works Department provides maintenance
and repair of all City vehicles and equipment. Equipment Services is responsible for writing specifications and the
purchasing of City Vehicles. It also is in charge of the disposal of surplus vehicles and equipment. It is the goal of
Equipment Services to provide a quality and cost effective service to all cities departments for all their equipment
needs.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 213 $ 236 $ 150 $ 150 0%
213 236 150 150 0%
Expenditures
Salaries and Wages $ 141,456 $ 164,741 $ 261,469 $ 175,228 -32.98%
Fringe Benefits 47,373 48,992 117,085 83,792 -28.43%
Professional & Technical Services 8,885 11,618 7,500 8,000 6.67%
Utilities and Maintenance 8,853 13,380 10,400 10,700 2.88%
Operations 3,608 3,606 13,500 11,100 -17.78%
City Support Services (44,254)(30,581)(152,701)(151,355)-0.88%
Supplies and Materials 9,001 20,673 9,850 9,850 0%
Equipment Allocation - 2,816 - - 0%
174,922 235,245 267,103 147,315 -44.85%
NET TAX AND GENERAL
REVENUE SUPPORTED 174,709 235,009 266,953 147,165 -44.87%
PERSONNEL:
Number of FTE Positions 2.35 2.35 2.00 2.00
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue aggressive maintenance and repair of all city equipment.
2. Purchase pickup trucks, log truck and supervisor vehicles as provided in the City’s Equipment Replacement Plan
107
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Administration
PROGRAM SUMMARY: The Administration program of the Public Works Department provides administrative
direction, control and support by the Public Works Director, reception and clerical for the following Public Works
Department divisions: Engineering Services; Building Services; Equipment Services; Parks/Forestry &
Streets/Traffic; Water and Sewer Utilities and Solid Waste Management.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 227,700 $ 201,779 $ 213,748 $ 52,895 -75.25%
Fringe Benefits 61,848 64,723 74,070 25,958 -64.95%
Professional & Technical Services 3,507 16,095 3,500 3,700 5.71%
Utilities and Maintenance 5,914 5,397 6,000 5,067 -15.55%
Operations 8,986 9,877 11,400 12,525 9.87%
City Support Services (146,920)(118,275)(118,208)(64,722)-45.25%
Supplies and Materials 4,478 4,619 3,000 3,200 6.67%
165,513 184,215 193,510 38,623 -80.04%
NET TAX AND GENERAL
REVENUE SUPPORTED 165,513 184,215 193,510 38,623 -80.04%
PERSONNEL:
Number of FTE Positions 1.35 1.35 1.68 1.68
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Southwest Light Rail: protect city interests during construction
2. Continue to analyze and respond to opportunities to save energy and be more environmentally conscious while
improving service quality and efficiency.
3. Complete 2024 program of street and utility improvements.
108
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Engineering
PROGRAM SUMMARY: The Engineering Division of the Public Works Department provides engineering services
for the City. The Engineering Division provides drafting, surveying, layout, design and other engineering services
for the City, as well as maintenance and updating of base maps, as-builts, and other miscellaneous map updating
projects. This division also acts as the primary liaison to consultants involved with construction projects.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 4,605 $ 3,450 $ 18,000 $ 18,000 0%
Charges for Current Services 45 60 - - 0%
Other Revenues 9,200 3,700 - - 0%
13,850 7,210 18,000 18,000 0%
Expenditures
Salaries and Wages $ 163,982 $ 122,519 $ 124,520 $ 140,395 12.75%
Fringe Benefits 56,481 46,364 46,741 51,281 9.71%
Professional & Technical Services 23,932 26,538 27,000 30,000 11.11%
Utilities and Maintenance 2,456 2,242 3,300 1,943 -41.12%
Operations 4,973 4,727 13,150 11,650 -11.41%
City Support Services (231,205)(113,900)(113,998)(41,391)-63.69%
Supplies and Materials 746 1,815 3,000 3,000 0%
Equipment Allocation 5,844 36,180 - - 0%
27,209 126,485 103,713 196,878 89.83%
NET TAX AND GENERAL
REVENUE SUPPORTED 13,359 119,275 85,713 178,878 108.69%
PERSONNEL:
Number of FTE Positions 1.75 1.75 1.20 1.20
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Complete first phase of the Central Avenues Street Improvement Project
2. Complete 2024 street surface improvement plan.
3. Oversee implementation of the City’s Capital Improvement Plan
109
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Streets and Alleys
PROGRAM SUMMARY: The Streets Division of the Public Works Department provides maintenance of 55 miles of
streets, 30 miles of alleys and 10 parking lots (including parking ramp) within the City for convenient day-to-day use.
Also provides street lighting, traffic signs and signals, sidewalk repair, and special event support.
Maintenance includes activities such as sweeping, patching, seal coating and curb repair. Major maintenance is
scheduled on a 6 year, maintenance district rotation basis. Routine mill/patching/paving is accomplished
throughout the City during the summer season.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Street maintenance utilizing pavement management support information that includes prep seal coat areas and
contractual crack sealing.
2. Spring sweeping as weather permits, Mainstreet sweeping every three weeks, residential sweeping (spring,
summer and once in the fall).
3. Continued maintenance of storm water drainage systems.
4. Inspect and repair all defective sidewalks in district
5. Preventative patching, repairs to bituminous roadways.
6. Maintain sign and signal change outs, inventory signs, upgrade traffic controls and signals as required.
7. Mainstreet maintenance including flags, refuse, decorations and banners, and streetlight maintenance.
8. Provide traffic control and logistical services for special events such as Raspberry Festival, Mainstreet Days,
National Night Out, etc., to support the City goal of promoting and enhancing city events.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 185,220 $ 206,824 $ 185,000 $ 190,000 2.7%
Licenses, Permits & Fines 35 - 1,415 1,615 14.13%
Charges for Current Services 3,721 7,646 - - 0%
Other Revenues - 2,673 - - 0%
188,976 217,143 186,415 191,615 2.79%
Expenditures
Salaries and Wages $ 450,121 $ 427,741 $ 382,978 $ 466,724 21.87%
Fringe Benefits 186,355 194,902 204,338 233,531 14.29%
Professional & Technical Services 166,320 257,118 229,500 289,500 26.14%
Utilities and Maintenance 193,586 253,795 250,600 272,500 8.74%
Operations 2,784 14,102 5,900 10,250 73.73%
City Support Services 24,692 20,845 17,697 (129,693)-832.85%
Supplies and Materials 77,134 151,819 123,200 134,700 9.33%
1,100,992 1,320,322 1,214,213 1,277,512 5.21%
NET TAX AND GENERAL
REVENUE SUPPORTED 912,016 1,103,179 1,027,798 1,085,897 5.65%
PERSONNEL:
Number of FTE Positions 5.82 5.97 6.88 6.88
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CITY OF HOPKINS
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Miles of streets maintained 55 55 55 55
Crack sealing (square yards) 29,460 32,780 30,000 30,000
Boulevard Trees Planted 66 66 214 75
Number of poles painted/re-painted - 55 55 55
111
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Snow & Ice Removal
PROGRAM SUMMARY: The Snow & Ice Removal program of the Public Works Department provides snow and
ice control services of 55 miles of streets, 33 miles of alleys and 9 parking lots (including parking ramp) and
economic development properties within the city for convenient day-to-day use, and to provide safe travel and
parking conditions.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 110,661 $ 117,103 $ 130,341 $ 158,796 21.83%
Fringe Benefits 44,611 56,363 40,338 49,225 22.03%
Professional & Technical Services 18,484 18,312 18,000 22,000 22.22%
Utilities and Maintenance - 4,633 1,500 1,500 0%
Operations - 50 750 750 0%
City Support Services 13,033 13,227 14,350 14,981 4.4%
Supplies and Materials 43,642 59,540 61,175 61,200 0.04%
230,431 269,228 266,454 308,452 15.76%
NET TAX AND GENERAL
REVENUE SUPPORTED 230,431 269,228 266,454 308,452 15.76%
PERSONNEL:
Number of FTE Positions 1.04 1 1 1
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Complete plowing/ice treatment operations of all city streets, alleys, parking lots and parking ramp within 10
hours.
2. Complete snow removal operations in downtown areas/ramp/parking lots in efficient manner to meet
parking/traffic flow demands.
3. Increase snow/ice maintenance activities on residential streets.
4. Utilize snow emergency policy to maximize safety and snow removal efforts, while minimizing resident
conflicts.
5. Help ensure safe travel through efficient, environmentally sensitive use of ice control chemicals
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Snow Removal (inches of precipitation) 49 90 20 Not Available
112
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Park Maintenance & Improvements
PROGRAM SUMMARY: The Parks division of the Public Works Department provides for the maintenance of
developed parks and grounds adjacent to public buildings and right-of-ways, including: seeding, fertilizing and
mowing of grass, tree & plantings maintenance, maintenance of all athletic fields and general playgrounds and
maintenance of Shady Oak Beach. Maintenance of Co. Rd 3 median flowers and irrigation is provided.
Maintenance of picnic facilities and trails, trash and rubbish removal from parks is also included. Open skating and
hockey areas are included. Open skating and hockey areas are provided from December through February for
outdoor recreational purposes.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 3,723 $ 2,782 $ 3,000 $ 3,000 0%
Other Revenues 4,725 4,625 5,300 10,600 100%
8,448 7,407 8,300 13,600 63.86%
Expenditures
Salaries and Wages $ 430,723 $ 387,653 $ 397,175 $ 420,809 5.95%
Fringe Benefits 158,322 165,712 193,734 177,928 -8.16%
Professional & Technical Services 156,315 207,277 214,000 213,500 -0.23%
Utilities and Maintenance 64,939 91,183 87,150 87,533 0.44%
Operations 3,521 10,442 3,950 7,050 78.48%
City Support Services 98,152 93,597 103,993 113,873 9.5%
Supplies and Materials 96,765 121,231 115,900 121,600 4.92%
1,008,737 1,077,095 1,115,902 1,142,293 2.36%
NET TAX AND GENERAL
REVENUE SUPPORTED 1,000,289 1,069,688 1,107,602 1,128,693 1.9%
PERSONNEL:
Number of FTE Positions 6.76 6.95 5.64 5.64
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue grounds maintenance of all parks including Shady Oak Beach, plus City Hall, 4 well houses, Public
Works garage and all other City owned right-of-way.
2. Provide open skating and hockey at the following parks: Valley, Harley Hopkins, Oakes, Central, Interlachen,
open skating only at Hilltop and Burnes.
3. Continue to help ensure safe public use of the parks through inspection & maintenance of play equipment,
courts, splash pad and facilities
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Number of Parks 19 19 19 19
113
CITY OF HOPKINS
FUND 101 – GENERAL FUND
FUNCTION: Public Works
PROGRAM: Forestry
PROGRAM SUMMARY: The Forestry Division of the Public Works Department provides for the maintenance of all
trees. Through the utilization of arboricultural practices, all trees on public property will be maintained in an
acceptable condition or removed as necessary to allow for a healthy environment for the urban forest along with
providing safe passage for pedestrian and vehicular traffic. Through utilization of tree inspectors residents will be
consulted on tree related problems and advised to the solutions. Reforestation of the urban forest is also an activity
of this division.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Trim 12% of trees on city boulevards.
2. Remove all diseased, dead, dying trees on public property.
3. Thin the public tree ash population by removing poorly sited, declining and poorly formed trees.
4. Manage an effective data base record keeping system that tracks forestry activities to better manage and
maintain public trees.
5. Provide for prompt customer service on requests for trimming and tree consultation
6. Continue new tree planting through direct purchase, Hennepin County/Tree Trust programs and grants
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $- $ 65,624 $- $-0%
Charges for Current Services 337 260 -- 0%
Other Revenues -300 -- 0%
337 66,184 - - 0%
Expenditures
Salaries and Wages $ 124,544 $ 174,558 $ 128,310 $ 317,981 147.82%
Fringe Benefits 54,626 90,333 56,279 114,790 103.97%
Professional & Technical Services 60,159 131,166 58,500 63,500 8.55%
Utilities and Maintenance 22,852 30,673 31,100 32,400 4.18%
Operations 2,988 4,947 5,250 5,550 5.71%
City Support Services 16,192 16,190 14,479 18,282 26.27%
Supplies and Materials 21,904 22,902 49,650 49,500 -0.3%
303,265 470,769 343,568 602,003 75.22%
NET TAX AND GENERAL
REVENUE SUPPORTED 302,928 404,585 343,568 602,003 75.22%
PERSONNEL:
Number of FTE Positions 1.46 1.54 1.69 1.69
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Linear miles of Blvd streets to manage 55 55 55 55
Public trees planted (reforestation/restoration) 66 66 214 75
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CITY OF HOPKINS
FUNCTION: RECREATION BUDGET
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
Salaries and Wages $ 5,156 $ 5,830 $ 6,141 $ - -100%
Fringe Benefits 1,624 1,853 2,305 - -100%
Professional & Technical Services 299,301 220,051 295,000 265,000 -10.17%
Utilities and Maintenance 749 - 1,200 - -100%
City Support Services 2,412 2,481 2,348 - -100%
309,242 230,215 306,994 265,000 -13.68%
Indirectly Funded Amount 309,242 230,215 306,994 265,000 -13.68%
The Recreation Department is made up of five main programs. They are Playground, Ice Rink, Park Services, Joint
Recreation and Skate Park.
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CITY OF HOPKINS
FUNCTION: Recreation
PROGRAM: Joint Recreation
PROGRAM SUMMARY: Programs for all ages are provided through the Joint Recreation division. Youth classes
are offered in over 15 areas of interest including tennis, golf, swimming, ball skills, and arts & crafts. Youth sports
leagues are offered in basketball and soccer. Adult classes are offered in several areas of interest, and team
sports are offered in soccer, softball, basketball, volleyball, hockey, broomball and football. In addition, the joint
recreation division oversees the operation of Shady Oak Beach, attended by over 30,000 people each summer.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to develop partnerships in order to expand youth programming opportunities
2. Hire and train attendants to supervise park services at Burnes, Oakes and Valley Parks
3. Provide staff to supervise outdoor ice rinks at 13 locations in Hopkins and Minnetonka from mid-December
through mid-February
4. Continue summer playground program for children at 11 locations in Hopkins and Minnetonka.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Professional & Technical Services $ 299,301 $ 220,051 $ 295,000 $ 265,000 -10.17%
299,301 220,051 295,000 265,000 -10.17%
NET TAX AND GENERAL
REVENUE SUPPORTED 299,301 220,051 295,000 265,000 -10.17%
PERSONNEL:
Number of Part-time positions 90 90 90 90
FUND 101 - GENERAL FUND
116
CITY OF HOPKINS
FUNCTION: Recration
PROGRAM: Overpass Skate Park
PROGRAM SUMMARY: The Overpass program provided skate boarders, bikers, and inline skate athletes, 10
years of age or older, with a safe, fun, and challenging place to gather and practice their sport. The Overpass
creates a healthy recreational opportunity primarily for youth, and young adults. The Overpass is a seasonal
operation, and one of only a few tier II aggressive skate parks in the state of Minnesota. This unique park attracted
a regional population in addition to serving the residents of Hopkins.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. N/A - The Overpass Skate Park was closed in 2023.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 5,156 $ 5,830 $ 6,141 $ - -100%
Fringe Benefits 1,624 1,853 2,305 - -100%
Utilities and Maintenance 749 - 1,200 - -100%
City Support Services 2,412 2,481 2,348 - -100%
9,941 10,164 11,994 - -100%
NET TAX AND GENERAL
REVENUE SUPPORTED 9,941 10,164 11,994 - -100%
PERSONNEL:
Number of FTE Positions 0.05 0.05 0.05 0.05
FUND 101 - GENERAL FUND
117
CITY OF HOPKINS
FUNCTION: ACTIVITY CENTER
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Charges for Current Services $ 68,868 $ 104,901 $ 94,300 $ 118,500 25.66%
Other Revenues 11,382 16,481 11,000 14,000 27.27%
80,250 121,382 105,300 132,500 25.83%
Expenditures
Salaries and Wages $ 213,924 $ 242,358 $ 238,567 $ 279,621 17.21%
Fringe Benefits 4,594 94,926 88,590 104,605 18.08%
Professional & Technical Services 31,445 61,414 50,000 63,700 27.4%
Utilities and Maintenance 47,632 31,159 41,720 41,189 -1.27%
Operations 9,085 12,039 12,525 14,150 12.97%
City Support Services 16,675 28,914 33,875 31,619 -6.66%
Supplies and Materials 16,816 15,721 20,914 19,450 -7%
Equipment Allocation 21,527 1,380 - - 0%
361,698 487,911 486,191 554,334 14.02%
Indirectly Funded Amount 281,448 366,529 380,891 421,834 10.75%
The Activity Center Department is made up of two programs. They are Community Use and Maintenance.
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CITY OF HOPKINS
FUNCTION: Activity Center
PROGRAM: Programming
PROGRAM SUMMARY: The Activity Center Community Use program provides a facility for residents to use for
active or passive activities. Staff coordinates all users of the Activity Center. The Hopkins Activity Center also
implements and coordinates the Senior Adult Program, which is geared towards the over 50 Hopkins population.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 68,868 $ 104,901 $ 94,300 $ 118,500 25.66%
Other Revenues 11,382 16,481 11,000 14,000 27.27%
80,250 121,382 105,300 132,500 25.83%
Expenditures
Salaries and Wages $ 196,315 $ 222,932 $ 219,588 $ 259,902 18.36%
Fringe Benefits (973) 88,855 81,281 97,069 19.42%
Professional & Technical Services 31,103 61,414 49,300 63,000 27.79%
Utilities and Maintenance 351 803 2,350 2,211 -5.91%
Operations 9,085 12,039 12,525 14,150 12.97%
City Support Services 5,204 7,065 10,817 11,164 3.21%
Supplies and Materials 12,178 15,398 14,500 13,500 -6.9%
Equipment Allocation 21,527 1,380 - - 0%
274,790 409,886 390,361 460,996 18.09%
NET TAX AND GENERAL
REVENUE SUPPORTED 194,540 288,504 285,061 328,496 15.24%
PERSONNEL:
Number of FTE Positions 2.8 2.8 2.3 2.3
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Market the Hopkins Activity Center to the over 50 Hopkins population, especially through electronic media.
2. Work with the Hopkins festivals and special events committees to promote events for the over 50 population
FUND 101 - GENERAL FUND
119
CITY OF HOPKINS
FUNCTION: Activity Center
PROGRAM: Maintenance
PROGRAM SUMMARY: The Building Maintenance Department of Public Works is responsible for the maintenance
and repair of all City Buildings. The Activity Center maintenance budget covers the Hopkins Activity Center. In house
maintenance personnel and part time cleaning personnel maintain this building.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 17,609 $ 19,426 $ 18,979 $ 19,719 3.9%
Fringe Benefits 5,567 6,071 7,309 7,536 3.11%
Professional & Technical Services 342 - 700 700 0%
Utilities and Maintenance 47,281 30,356 39,370 38,978 -1%
City Support Services 11,471 21,849 23,058 20,455 -11.29%
Supplies and Materials 4,638 323 6,414 5,950 -7.23%
86,908 78,025 95,830 93,338 -2.6%
NET TAX AND GENERAL
REVENUE SUPPORTED 86,908 78,025 95,830 93,338 -2.6%
PERSONNEL:
Number of FTE Positions 0.2 0.2 0.2 0.2
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Maintain Activity Center building to assure a safe and comfortable environment for its employees and
patrons of the facility
FUND 101 - GENERAL FUND
120
CITY OF HOPKINS
FUNCTION: PLANNING
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Licenses, Permits & Fines $ 1,315 $ 4,418 $ 1,000 $ 2,000 100%
Charges for Current Services (1,860) 10,200 1,000 - -100%
Other Revenues - 47 - - 0%
(545) 14,665 2,000 2,000 0%
Expenditures
Salaries and Wages $ 133,231 $ 161,212 $ 121,278 $ 145,233 19.75%
Fringe Benefits 34,658 32,319 45,476 54,131 19.03%
Professional & Technical Services 35,208 33,274 - 20,000 0%
Utilities and Maintenance 164 193 - 211 0%
Operations 5,360 7,431 17,500 17,500 0%
City Support Services 1,267 1,261 1,339 1,329 -0.75%
Supplies and Materials 202 635 1,000 1,500 50%
210,090 236,325 186,593 239,904 28.57%
Reimbursed Expenditures
City Support Services $ (20,000) $ (15,751) $ (15,751) $ (43,657)177.17%
(20,000)(15,751)(15,751)(43,657)177.17%
Net Total Expenditures 190,090 220,574 170,842 196,247 14.87%
Indirectly Funded Amount 190,635 205,909 168,842 194,247 15.05%
The Planning and Economic Development Department is made up of three programs. They are Zoning Activities &
Enforcement, Sign & Fence Permits and Miscellaneous Planning.
121
CITY OF HOPKINS
FUNCTION: Planning and Zoning
PROGRAM: Zoning Activities, Planning & Enforcement
PROGRAM SUMMARY: The Zoning Activities & Enforcement Program of the Planning & Economic Development
Department provides administration and enforcement of locally approved Zoning Ordinance and Comprehensive
Plan. Provides administration and inspection of signs and fences and prepares various planning documents and
reports necessary to ensure orderly development/redevelopment of City.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue implementing the new zoning code
2. Process land use, sign and fence permit application, and respond to customer’s needs in a timely manner
3. Provide staff assistance to Planning Commission & expertise to the City Council
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Licenses, Permits & Fines $ 1,315 $ 4,418 $ 1,000 $ 2,000 100%
Charges for Current Services (1,860) 10,200 1,000 - -100%
Other Revenues - 47 - - 0%
(545) 14,665 2,000 2,000 0%
Expenditures
Salaries and Wages $ 133,231 $ 161,212 $ 121,278 $ 145,233 19.75%
Fringe Benefits 34,658 32,319 45,476 54,131 19.03%
Professional & Technical Services 35,208 33,274 - 20,000 0%
Utilities and Maintenance 164 193 - 211 0%
Operations 5,360 7,431 17,500 17,500 0%
City Support Services (18,733)(14,490)(14,412)(42,328)193.7%
Supplies and Materials 202 635 1,000 1,500 50%
190,090 220,574 170,842 196,247 14.87%
NET TAX AND GENERAL
REVENUE SUPPORTED 190,635 205,909 168,842 194,247 15.05%
PERSONNEL:
Number of FTE Positions 1.35 1.35 1.35 1.35
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Estimated Market Value of Median Value
Home $ 315,000 $ 361,000 $ 369,300 $ 380,000
Estimated Market Value of Vacant Land (in
millions)7.3 14.1 11.8 10.0
Increase in Total Market Value 6.1%10.2%5.6%3.0%
FUND 101 – GENERAL FUND
122
CITY OF HOPKINS
FUNCTION: COMMUNITY DEVELOPMENT
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
Salaries and Wages $ 80,329 $ 84,236 $ 89,064 $ 91,130 2.32%
Fringe Benefits 22,789 26,452 30,078 30,525 1.49%
Professional & Technical Services 569 1,184 2,500 2,500 0%
Operations 2,158 2,867 3,750 3,700 -1.33%
City Support Services 428 430 456 458 0.44%
Supplies and Materials 529 1,008 1,000 1,000 0%
106,802 116,177 126,848 129,313 1.94%
Indirectly Funded Amount 106,802 116,177 126,848 129,313 1.94%
The Community Deveopment budget accounts for expenditures used to promote and enhance the community of
Hopkins.
123
CITY OF HOPKINS
FUNCTION: Community Development
PROGRAM: Community Development
PROGRAM SUMMARY: Promotion and development of housing programs and activities for City property owners
and residents. Staff support of housing programs such as 1st Time Home Buyer Mortgage Program, Image
Awards, Housing Improvement Areas and Livable Communities Program.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue promotion and support of various housing programs and initiatives
2. Investigate and prepare funding application for redevelopment projects from sources including Hennepin
County Transit Orientated Development (TOD) program and Met Council Livable Communities Demonstration
Account.
3. Continue to be a City of Hopkins representative to Hopkins Apartment Managers’ Association, Southwest Light
Rail Transit Technical Implementation Committee, Blake Road Corridor Collaborative, Hopkins Business &
Civic Association, School & Community Partnerships and other collaborative efforts
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 80,329 $ 84,236 $ 89,064 $ 91,130 2.32%
Fringe Benefits 22,789 26,452 30,078 30,525 1.49%
Professional & Technical Services 569 1,184 2,500 2,500 0%
Operations 2,158 2,867 3,750 3,700 -1.33%
City Support Services 428 430 456 458 0.44%
Supplies and Materials 529 1,008 1,000 1,000 0%
106,802 116,177 126,848 129,313 1.94%
NET TAX AND GENERAL
REVENUE SUPPORTED 106,802 116,177 126,848 129,313 1.94%
PERSONNEL:
Number of FTE Positions 0.85 0.85 0.85 0.85
FUND 101 – GENERAL FUND
124
CITY OF HOPKINS
FUNCTION: STATE CHEMICAL ASSESSMENT
Revnues and Expenditures
Special Revenue Fund 203
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 74,236 $ 28,720 $ - $ - 0%
Other Revenues - - 65,000 65,000 0%
Total Revenues $ 74,236 $ 28,720 $ 65,000 $ 65,000 0%
Expenditures
Salaries and Wages $ 26,393 $ 24,905 $ 38,752 $ 38,752 0%
Fringe Benefits 1,239 959 - - 0%
Professional & Technical Services 4,427 322 2,150 2,150 0%
Utilities and Maintenance 3,433 7,627 5,141 5,141 0%
Operations 24,314 5,689 10,623 10,623 0%
City Support Services 3,120 1,994 1,994 1,994 0%
Supplies and Materials 9,624 12,854 6,340 6,340 0%
Equipment Allocation 585 - - - 0%
Total Expenditures $ 73,135 $ 54,350 $ 65,000 $ 65,000 0%
Excess (deficiency) of revenues over
expenditures (1,101) 25,630 - - 0%
125
CITY OF HOPKINS
FUNCTION: State Chemical Assessment Team
PROGRAM: State Chemical Assessment Team
PROGRAM SUMMARY: The State Chemical Assessment Team program provides emergency response for
assessment of chemical hazards for the State of Minnesota and maintenance of state owned equipment for
emergency response and training of personnel. Responding as requested by the State Duty Officer to the counties
of Hennepin, Scott, Carver, McLeod and Renville. The State of Minnesota will reimburse the City for up to $65,000
per year for the training of personnel, maintenance of equipment, and purchase of supplies and equipment.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. To continue to train to members on all aspects of chemical response.
2. Prepare the team to respond to all types of emergencies, including hazardous materials and civil unrest.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 74,236 $ 28,720 $ - $ - 0%
Other Revenues - - 65,000 65,000 0%
74,236 28,720 65,000 65,000 0%
Expenditures
Salaries and Wages $ 26,393 $ 24,905 $ 38,752 $ 38,752 0%
Fringe Benefits 1,239 959 - - 0%
Professional & Technical Services 4,427 322 2,150 2,150 0%
Utilities and Maintenance 3,433 7,627 5,141 5,141 0%
Operations 24,314 5,689 10,623 10,623 0%
City Support Services 3,120 1,994 1,994 1,994 0%
Supplies and Materials 9,624 12,854 6,340 6,340 0%
Equipment Allocation 585 - - - 0%
73,135 54,350 65,000 65,000 0%
NET TAX AND GENERAL
REVENUE SUPPORTED (1,101) 25,630 - - 0%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 203 – CHEMICAL ASSESSMENT TEAM FUND
126
CITY OF HOPKINS
FUNCTION: ECONOMIC AND COMMUNITY DEVELOPMENT
Revenues and Expenditures
Special Revenue Fund 204
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 377,726 $ 379,175 $ 451,531 $ 487,653 8%
Intergovernmental Revenue - 112,702 - - 0%
Licenses, Permits & Fines 31,570 13,953 100,000 50,000 -50%
Charges for Current Services 533,876 - - - 0%
Interest on Investments 5,046 3,327 - 53 0%
Other Revenues 7,226 2,000 - - 0%
Total Revenues $ 955,444 $ 511,157 $ 551,531 $ 537,706 -2.51%
Expenditures
Salaries and Wages $ 190,619 $ 210,910 $ 219,692 $ 235,412 7.16%
Fringe Benefits 65,718 73,747 75,205 81,500 8.37%
Professional & Technical Services 52,614 34,869 101,186 67,850 -32.95%
Utilities and Maintenance 758 736 1,000 - -100%
Operations 13,823 126,659 23,386 116,100 396.45%
City Support Services 27,089 35,507 35,567 38,216 7.45%
Supplies and Materials 565,676 26,370 3,200 1,200 -62.5%
Other Financing Uses 30,000 30,000 60,000 30,000 -50%
Total Expenditures $ 946,297 $ 538,798 $ 519,236 $ 570,278 9.83%
Reimbursed Expenditures
City Support Services $(40,000) $(40,000) $ - $(50,000)0%
Total Reimbursed Expenditures $(40,000) $(40,000) $ - $(50,000)0%
Net Total Expenditures $ 906,297 $ 498,798 $ 519,236 $ 520,278 0.2%
Excess (deficiency) of revenues over
expenditures (49,147)(12,359)(32,295)(17,428)-46.03%
127
CITY OF HOPKINS
FUNCTION: Economic Development
PROGRAM: Project Development and Coordination
PROGRAM SUMMARY: Undertake development activities not directly funded by specific project budgets. Meet with
developers, property owners and business tenants to review possible redevelopment/development activities. Recruit
desirable businesses to locate in Hopkins. Explore developer incentives aimed at promoting sustainability and active
living.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Property Taxes $ 377,726 $ 379,175 $ 451,531 $ 487,653 8%
Licenses, Permits & Fines 31,570 13,953 100,000 50,000 -50%
Charges for Current Services 533,831 - - - 0%
Interest on Investments 5,046 3,327 - 53 0%
Other Revenues 7,226 - - - 0%
955,399 396,455 551,531 537,706 -2.51%
Expenditures
Salaries and Wages $ 85,958 $ 95,624 $ 101,577 $ 108,106 6.43%
Fringe Benefits 29,721 34,414 35,076 37,880 7.99%
Professional & Technical Services 43,653 10,503 26,200 25,000 -4.58%
Utilities and Maintenance 758 736 1,000 - -100%
Operations 5,295 8,479 10,236 6,100 -40.41%
City Support Services 10,558 14,311 14,339 15,252 6.37%
Supplies and Materials 565,676 26,370 3,200 1,200 -62.5%
Other Financing Uses - 30,000 30,000 30,000 0%
741,619 220,437 221,628 223,538 0.86%
NET TAX AND GENERAL
REVENUE SUPPORTED (213,780)(176,018)(329,903)(314,168)-4.77%
PERSONNEL:
Number of FTE Positions 0.95 0.95 0.95 0.95
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Offer Commercial Façade Grant Program
2. Promote Hopkins to development/business community
3. Facilitate redevelopment projects as direct by the City Council
FUND 204 - ECONOMIC DEVELOPMENT FUND
128
CITY OF HOPKINS
FUNCTION: Economic Development
PROGRAM: Tax Increment Financing Program
PROGRAM SUMMARY: Undertake miscellaneous development activities funded through tax increment districts.
Administer all districts.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Ensure districts are meeting legal and statutory requirements
2. Continue to monitor all districts
3. Coordinate development activities within districts
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 58,283 $ 61,725 $ 65,605 $ 69,988 6.68%
Fringe Benefits 19,374 21,259 21,778 23,535 8.07%
Professional & Technical Services 2,149 - 2,986 2,000 -33.02%
City Support Services (31,594)(28,838) 11,183 (37,829)-438.27%
48,212 54,146 101,552 57,694 -43.19%
NET TAX AND GENERAL
REVENUE SUPPORTED 48,212 54,146 101,552 57,694 -43.19%
PERSONNEL:
Number of FTE Positions 0.55 0.55 0.55 0.55
FUND 204 - ECONOMIC DEVELOPMENT FUND
129
CITY OF HOPKINS
FUNCTION: Economic Development
PROGRAM: Community Development Activity
PROGRAM SUMMARY: Promote the City of Hopkins by building on assets, including the small town feel,
walkability and Hopkins as a destination. Explore ways to enhance the sense of place through public art and
directional signage.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Develop a marketing strategy that supports business, education and the arts
2. Support Hopkins Artstreet
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ - $ 112,702 $ - $ - 0%
Charges for Current Services 45 - - - 0%
Other Revenues - 2,000 - - 0%
45 114,702 - - 0%
Expenditures
Salaries and Wages $ 46,378 $ 53,561 $ 52,510 $ 57,318 9.16%
Fringe Benefits 16,623 18,074 18,351 20,085 9.45%
Professional & Technical Services 6,812 24,366 72,000 40,850 -43.26%
Operations 8,528 118,180 13,150 110,000 736.5%
City Support Services 8,125 10,034 10,045 10,793 7.45%
Other Financing Uses 30,000 - 30,000 - -100%
116,466 224,215 196,056 239,046 21.93%
NET TAX AND GENERAL
REVENUE SUPPORTED 116,421 109,513 196,056 239,046 21.93%
PERSONNEL:
Number of FTE Positions 0.5 0.5 0.5 1.0
FUND 204 - ECONOMIC DEVELOPMENT FUND
130
CITY OF HOPKINS
FUNCTION: PARKING
Revenues and Expenditures
Special Revenue Fund 214
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ - $ 65,000 $ - $ - 0%
Licenses, Permits & Fines 12,507 11,872 10,000 12,000 20%
Charges for Current Services 80,634 89,365 133,000 113,000 -15.04%
Total Revenues $ 93,141 $ 166,237 $ 143,000 $ 125,000 -12.59%
Expenditures
Salaries and Wages $ 74,296 $ 74,841 $ 71,853 $ 83,185 15.77%
Fringe Benefits 32,310 34,427 35,644 42,150 18.25%
Professional & Technical Services 12,252 2,386 6,150 1,150 -81.3%
Utilities and Maintenance 13,141 21,058 10,750 1,000 -90.7%
Operations 695 247 750 500 -33.33%
City Support Services 26,639 29,827 31,863 31,909 0.14%
Supplies and Materials 2,611 1,157 1,600 - -100%
Total Expenditures $ 161,944 $ 163,943 $ 158,610 $ 159,894 0.81%
Excess (deficiency) of revenues over
expenditures 68,803 (2,294) 15,610 34,894 123.54%
The Parking Fund records the receipt of parking permits and parking fines. The revenues are used to offset the
maintenance cost of the parking lots and parking ramp and to fund the parking enforcement officer.
131
CITY OF HOPKINS
FUND 214 – PARKING FUND
FUNCTION: Parking
PROGRAM: Parking Enforcement
PROGRAM SUMMARY: Manage and enforce parking rules and regulations. Ensure that parking is available for
customers and parking rules are followed.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ - $ 65,000 $ - $ - 0%
Licenses, Permits & Fines 12,507 11,872 10,000 12,000 20%
12,507 76,872 10,000 12,000 20%
Expenditures
Salaries and Wages $ 46,390 $ 47,312 $ 49,055 $ 51,684 5.36%
Fringe Benefits 21,472 22,194 24,929 26,855 7.73%
Professional & Technical Services 279 - 75 75 0%
Utilities and Maintenance 1,951 8,052 1,250 1,000 -20%
Operations 695 247 750 500 -33.33%
City Support Services 10,653 12,715 14,942 12,179 -18.49%
Supplies and Materials 503 1,072 600 - -100%
81,943 91,592 91,601 92,293 0.76%
NET TAX AND GENERAL
REVENUE SUPPORTED 69,436 14,720 81,601 80,293 -1.6%
PERSONNEL:
Number of FTE Positions 0.0725 0.0725 0.0725 0.0725
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Monitor the effects of current parking enforcement efforts and recommend changes as needed.
2. Continue to accurately account for fine revenues that result from parking enforcement.
132
CITY OF HOPKINS
FUND 214 – PARKING FUND
FUNCTION: Parking
PROGRAM: Parking Operations
PROGRAM SUMMARY: Implement and manage parking recommendations by the City Council and the Parking
Committee and follow-up on any questions by the general public. Provide information to the Parking Committee
and the City Council on items of operation. Manage the parking as to provide the most convenient parking for
customers.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 80,634 $ 89,365 $ 133,000 $ 113,000 -15.04%
80,634 89,365 133,000 113,000 -15.04%
Expenditures
Salaries and Wages $ 27,906 $ 27,529 $ 22,798 $ 31,501 38.17%
Fringe Benefits 10,838 12,233 10,715 15,295 42.74%
Professional & Technical Services 2,573 369 1,075 1,075 0%
City Support Services 1,166 1,870 1,876 4,013 113.91%
Supplies and Materials 53 85 - - 0%
42,536 42,086 36,464 51,884 42.29%
NET TAX AND GENERAL
REVENUE SUPPORTED (38,098)(47,279)(96,536)(61,116)-36.69%
PERSONNEL:
Number of FTE Positions 0.4 0.4 0.4 0.4
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Inspect and maintain parking ramp as needed.
2. Complete ramp condition assessment and revise long-range plan.
133
CITY OF HOPKINS
FUND 214 – PARKING FUND
FUNCTION: Parking
PROGRAM: Parking Ramp
PROGRAM SUMMARY: Proper handling of all matters related to the operation and administration of the leased
parking system for the ramp. Implement recommendations by the City Council and the Parking Committee and
follow-up on any questions by the general public. Provide information to the Parking Committee and the City
Council on items of operation. Manage the parking as to provide the most convenient parking for customers.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Review funding options for future maintenance of parking ramp.
2. Maintain and improve parking ramp as needed.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Professional & Technical Services $ 9,400 $ 2,017 $ 5,000 $ - -100%
Utilities and Maintenance 11,190 13,006 9,500 - -100%
City Support Services 14,820 15,242 15,045 15,717 4.47%
Supplies and Materials 2,055 - 1,000 - -100%
37,465 30,265 30,545 15,717 -48.54%
NET TAX AND GENERAL
REVENUE SUPPORTED 37,465 30,265 30,545 15,717 -48.54%
PERSONNEL:
Number of FTE Positions 0 0 0 0
134
CITY OF HOPKINS
FUNCTION: HOPKINS RACE & EQUITY INITATIVE
Revenues and Expenditures
Special Revenue Fund 216
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Other Revenues $ 4,000 $ 6,000 $ 6,000 $ 6,000 0%
Total Revenues $ 4,000 $ 6,000 $ 6,000 $ 6,000 0%
Expenditures
Professional & Technical Services $ 4 $ 756 $ 1,500 $ 1,500 0%
Operations 1,500 - 4,500 4,500 0%
Supplies and Materials 129 - - - 0%
Total Expenditures $ 1,633 $ 756 $ 6,000 $ 6,000 0%
Excess (deficiency) of revenues over
expenditures (2,367)(5,244) - - 0%
“Is White Privilege Real or Imagined”
community conversation
135
CITY OF HOPKINS
FUNCTION: Hopkins Race & Equity Initiative
PROGRAM: Hopkins Race & Equity Initiative
PROGRAM SUMMARY: The Hopkins Race and Equity Initiative is a collaborative effort creating opportunities to
increase awareness and understanding of race, equity and diversity and promoting a sense of community that
welcomes and values all residents.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to host community events to promote race equity.
2. Continue relationships with the Joint Community Policing Program, Multicultural Advisory Committee and
the Government Alliance on Racial Equity.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Other Revenues $ 4,000 $ 6,000 $ 6,000 $ 6,000 0%
4,000 6,000 6,000 6,000 0%
Expenditures
Professional & Technical Services $ 4 $ 756 $ 1,500 $ 1,500 0%
Operations 1,500 - 4,500 4,500 0%
Supplies and Materials 129 - - - 0%
1,633 756 6,000 6,000 0%
NET TAX AND GENERAL
REVENUE SUPPORTED (2,367)(5,244) - - 0%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 216 – HOPKINS RACE & EQUITY INITATIVE FUND (HREI)
136
CITY OF HOPKINS
FUNCTION: COMMUNICATIONS
Revenues and Expenditures
Special Revenue Fund 217
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Charges for Current Services $ 79 $ - $ - $ - 0%
Franchise Fees 216,584 200,222 233,000 230,000 -1.29%
Total Revenues $ 216,663 $ 200,222 $ 233,000 $ 230,000 -1.29%
Expenditures
Salaries and Wages $ 91,883 $ 104,954 $ 122,441 $ 127,766 4.35%
Fringe Benefits 34,773 36,202 40,630 45,357 11.63%
Professional & Technical Services 38,817 22,591 30,521 37,250 22.05%
Utilities and Maintenance 1,000 1,089 900 900 0%
Operations 33,758 32,546 37,478 40,250 7.4%
City Support Services 15,767 17,892 18,126 20,764 14.55%
Supplies and Materials 202 731 - 700 0%
Equipment Allocation - - 3,500 3,500 0%
Other Financing Uses 50,000 50,000 40,000 5,000 -87.5%
Total Expenditures $ 266,200 $ 266,005 $ 293,596 $ 281,487 -4.12%
Excess (deficiency) of revenues over
expenditures 49,537 65,783 60,596 51,487 -15.03%
The Communication Fund (formerly known as the Cable fund) records the City's share of a five city joint venture
cable TV franchise administered under theSouthwest Suburban Cable Commision.
137
CITY OF HOPKINS
FUNCTION: Communications
PROGRAM: Communication
PROGRAM SUMMARY: Provide two-way communication between the City and its residents, employees and
businesses; its civic, service, and fraternal organizations; and other communities and government agencies.
Written, verbal and visual communication tools.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
Communications:
1. Promote City events, large and small.
2. Work on engaging and reaching all community members.
Newsletters:
3. City Goal 3: Take it to Them - Engage the Rental Community of Hopkins.
4. Increase newsletter distribution to rental properties.
Web and Messaging:
5. City Goal 1, Explore improved service delivery through e-commerce:
6. Increase interactivity on web site through one or more of the following:
Update website to make more accessible for all.
Customer Response system.
Ability to fill out forms on the website.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 79 $ - $ - $ - 0%
Franchise Fees 216,584 200,222 233,000 230,000 -1.29%
216,663 200,222 233,000 230,000 -1.29%
Expenditures
Salaries and Wages $ 91,883 $ 104,954 $ 122,441 $ 127,766 4.35%
Fringe Benefits 34,773 36,202 40,630 45,357 11.63%
Professional & Technical Services 38,817 22,591 30,521 37,250 22.05%
Utilities and Maintenance 1,000 1,089 900 900 0%
Operations 33,758 32,546 37,478 40,250 7.4%
City Support Services 15,767 17,892 18,126 20,764 14.55%
Supplies and Materials 202 731 - 700 0%
Equipment Allocation - - 3,500 3,500 0%
Other Financing Uses 50,000 50,000 40,000 5,000 -87.5%
266,200 266,005 293,596 281,487 -4.12%
NET TAX AND GENERAL
REVENUE SUPPORTED 49,537 65,783 60,596 51,487 -15.03%
PERSONNEL:
Number of FTE Positions 1 1 1 1
FUND 217 – COMMUNICATIONS FUND
138
CITY OF HOPKINS
FUNCTION: DEPOT COFFEE HOUSE
Revenue and Expenditures
Special Revenue Fund 219
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 19,500 $ 19,500 $ 19,500 $ - -100%
Charges for Current Services 123,964 163,957 188,224 64,332 -65.82%
Other Revenues 20,025 20,620 20,500 79,500 287.8%
Inter-Fund Transfers 20,000 20,000 20,000 60,000 200%
Total Revenues $ 183,489 $ 224,077 $ 248,224 $ 203,832 -17.88%
Expenditures
Salaries and Wages $ 119,309 $ 154,753 $ 130,112 $ 105,000 -19.3%
Fringe Benefits 33,572 55,709 51,317 35,857 -30.13%
Professional & Technical Services 11,331 15,454 10,250 4,250 -58.54%
Utilities and Maintenance 9,174 10,463 8,850 8,600 -2.82%
Operations 7,034 8,855 4,750 5,800 22.11%
City Support Services 9,198 3,174 2,645 19,125 623.06%
Supplies and Materials 38,105 55,351 55,300 5,200 -90.6%
Total Expenditures $ 227,723 $ 303,759 $ 263,224 $ 183,832 -30.16%
Excess (deficiency) of revenues over
expenditures 44,234 79,682 15,000 (20,000)-233.33%
The Depot Coffee House Fund accounts for the operations of the Youth Center, a chemical free environment for area
teens to socialize and the operations of the Coffee House which provides a service to the Youth and those on the
regional trail system.
139
CITY OF HOPKINS
FUNCTION: Depot Coffee House
PROGRAM: Depot Youth Project
PROGRAM SUMMARY:
Depot
Mission
To provide a place of community and learning in which student involvement
and youth development are encouraged in a chemically-free environment
Depot Youth Project staffing and programs are funded primarily
through admission fees, rentals, gifts and grants. The Depot programs
are intended to offer area youth creativity and leadership opportunities,
strengthen youth involvement in community activities, and nurture their
growth and development as citizens through interaction with peers, the
public, and community partners. The Depot Board and The Partners
Advisory Team, consisting of students, community members,
community business partners, City, Hopkins School District, Depot
Youth Foundation and Three Rivers Park District representatives,
guide and support site and programming decisions.. The
facility/grounds serve as a Trailhead for Three Rivers Park District and
the coffee house which operates 7 days a week is an amenity enjoyed
by local residents as well as trail riders/walkers.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 19,500 $ 19,500 $ 19,500 $--100%
Charges for Current Services 54,667 57,456 53,400 50,000 -6.37%
Other Revenues 20,025 20,620 20,500 79,500 287.8%
Inter-Fund Transfers 20,000 20,000 20,000 60,000 200%
114,192 117,576 113,400 189,500 67.11%
Expenditures
Salaries and Wages $ 73,330 $ 78,566 $ 78,112 $ 105,000 34.42%
Fringe Benefits 30,663 33,202 35,857 35,857 0%
Professional & Technical Services 2,426 5,977 1,250 4,250 240%
Utilities and Maintenance 9,174 10,168 8,600 8,600 0%
Operations 6,459 8,205 3,600 5,800 61.11%
City Support Services 2,680 3,174 2,645 9,575 262%
Supplies and Materials 585 1,679 -5,200 0%
125,317 140,971 130,064 174,282 34%
NET TAX AND GENERAL
REVENUE SUPPORTED 11,125 23,395 16,664 (15,218)-191.32%
PERSONNEL:
Number of FTE Positions 1.0 1.0 1.0 1.0
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Sustain welcoming and chemical free venue for community youth and other gatherings.
2. Continue staffing 2 – 3 night a week year -round youth events programming at the Depot.
3. Support additional youth-initiated projects.
4. Provide learning lab for Business/Marketing classes at Hopkins High School.
5. Promote partnerships with the Depot in the community, with area students, and youth allies.
6. Continue Advancing Careers and Employment (ACE), an internship program for youth with barriers to employment
FUND 219 - DEPOT COFFEE HOUSE FUND
140
CITY OF HOPKINS
FUNCTION: Depot Coffee House
PROGRAM: Depot Coffee Ops
PROGRAM SUMMARY: The coffee shop is a natural adjunct to the youth programming at the Depot and
provides actual sustenance for youth patrons and the wider community.
.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2023:
1. Enter into a lease agreement with a private organization to operate a retail business at the Depot building
during youth programming and to be open for the community.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 69,297 $ 106,501 $ 134,824 $ 14,332 -89.37%
69,297 106,501 134,824 14,332 -89.37%
Expenditures
Salaries and Wages $ 45,979 $ 76,187 $ 52,000 $ - -100%
Fringe Benefits 2,909 22,507 15,460 - -100%
Professional & Technical Services 8,905 9,477 9,000 - -100%
Utilities and Maintenance - 295 250 - -100%
Operations 575 650 1,150 - -100%
City Support Services 6,518 - - 9,550 0%
Supplies and Materials 37,520 53,672 55,300 - -100%
102,406 162,788 133,160 9,550 -92.83%
NET TAX AND GENERAL
REVENUE SUPPORTED 33,109 56,287 (1,664)(4,782)187.38%
PERSONNEL:
Number of FTE Positions 3.25 3.25 3.5 3.5
FUND 219 - DEPOT COFFEE HOUSE FUND
141
CITY OF HOPKINS
FUNCTION: SUSTAINABILITY
Revenue and Expenditures
Special Revenue Fund 260
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Franchise Fees $ - $ - $ - $ 385,000 0%
Total Revenues $ - $ - $ - $ 385,000 0%
Expenditures
Salaries and Wages $ - $ - $ - $ 86,628 0%
Fringe Benefits - - - 38,697 0%
Professional & Technical Services - - - 25,000 0%
Utilities and Maintenance - - - 1,500 0%
Operations - - - 208,500 0%
City Support Services - - - 20,323 0%
Supplies and Materials - - - 2,352 0%
Equipment Allocation - - - 2,000 0%
Total Expenditures $ - $ - $ - $ 385,000 0%
Excess (deficiency) of revenues over
expenditures - - - - 0%
The Sustainability Fund is dedicated to improving the overall sustainability and resilience of the community.
City Council and Staff Accept
Green Step Cities Award
142
CITY OF HOPKINS
FU
NCTION: Sustainability
PROGRAM: Sustainability
PROGRAM SUMMARY: Hopkins Sustainability initiatives are funded through franchise fees collected from Gas and
Electric Utilities. The City of Hopkins is dedicated to improving the overall sustainability and resiliency of the community
and being a responsible steward of the environment.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Franchise Fees $- $- $- $ 385,000 0%
- - - 385,000 0%
Expenditures
Salaries and Wages $- $- $- $ 86,628 0%
Fringe Benefits -- - 38,697 0%
Professional & Technical Services -- - 25,000 0%
Utilities and Maintenance -- - 1,500 0%
Operations -- - 208,500 0%
City Support Services -- - 20,323 0%
Supplies and Materials -- - 2,352 0%
Equipment Allocation -- - 2,000 0%
- - - 385,000 0%
NET TAX AND GENERAL
REVENUE SUPPORTED - - - - 0%
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Hire the one full-time position, the City first position 100% dedicated to Sustainability
2. Continue administering and funding the Hopkins Climate Solutions Fund, a program offering incentives to residents
and business to accelerate the transition to cleaner and more efficient energy
3. Provide and update information on public building energy through B3
4. Continue to participate in the Minnesota GreenStep Cities Program.
FUND 219 - DEPOT COFFEE HOUSE FUND
143
CITY OF HOPKINS
FUNCTION: MINNESOTA PUBLIC SAFETY AID
Revenue and Expenditures
Special Revenue Fund 212
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ - $ - $ - $ 439,095 0%
Total Revenues $ - $ - $ - $ 439,095 0%
Expenditures
Salaries and Wages $ - $ - $ - $ 226,540 0%
Fringe Benefits - - - 88,135 0%
Utilities and Maintenance - - - 109,420 0%
Operations - - - 15,000 0%
Total Expenditures $ - $ - $ - $ 439,095 0%
Excess (deficiency) of revenues over
expenditures - - - - 0%
The Minnesota Public Safety Aid Fund was created in 2024 to account for the one-time public safety aid received from
the state of Minnesota.
Hopkins Police Department K9 Office Zero was funded
through funding Public Safety Funding received from the
State of Minnesota.
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CITY OF HOPKINS
FUNCTION: Minnesota Public Safety Aid
PROGRAM: Public Safety
PROGRAM SUMMARY:
During the 2023 Legislative Session, $210 million of one-time public safety aid was authorized for Cities. The aid can be spend
on fire, police, emergency medical or other public safety needs. Hopkins received $828,185, of which $439,095 is planned to
be used in 2024.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $- $- $- $ 439,095 0%
- - - 439,095 0%
Expenditures
Salaries and Wages $- $- $- $ 226,540 0%
Fringe Benefits -- - 88,135 0%
Utilities and Maintenance -- - 109,420 0%
Operations -- - 15,000 0%
- - - 439,095 0%
NET TAX AND GENERAL
REVENUE SUPPORTED - - - - 0%
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Hire two police officers for patrol
2. Hire a new Assistant Fire Chief position
3. Start a canine program
4. Purchase requested and needed equipment for the Police and Fire Departments
FUND 212 - MINNESOTA PUBLIC SAFETY AID
145
CITY OF HOPKINS
FUNCTION: ARTS CENTER
Revenues and Expenditures
Special Revenue Fund 250
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 331,694 $ 339,318 $ 347,697 $ 345,000 -0.78%
Intergovernmental Revenue 46,808 253,295 32,000 75,000 134.38%
Charges for Current Services 470,356 712,700 681,435 702,650 3.11%
Other Revenues 13,751 17,109 23,000 15,000 -34.78%
Inter-Fund Transfers 80,000 80,000 80,000 35,000 -56.25%
Total Revenues $ 942,609 $ 1,402,422 $ 1,164,132 $ 1,172,650 0.73%
Expenditures
Salaries and Wages $ 315,750 $ 361,667 $ 400,615 $ 472,400 17.92%
Fringe Benefits 116,824 124,221 112,063 119,120 6.3%
Professional & Technical Services 62,112 215,224 37,050 207,800 460.86%
Utilities and Maintenance 65,802 80,490 82,500 89,600 8.61%
Operations 66,011 81,862 57,800 106,400 84.08%
City Support Services 11,805 11,633 11,669 11,775 0.91%
Supplies and Materials 41,511 44,836 240,000 46,600 -80.58%
Equipment Allocation - 82,477 162,435 90,402 -44.35%
Total Expenditures $ 679,815 $ 1,002,410 $ 1,104,132 $ 1,144,097 3.62%
Excess (deficiency) of revenues over
expenditures (262,794)(400,012)(60,000)(28,553)-52.41%
The Arts Center accounts for the maintenance, operation, programming and promotion of the Hopkins Center for the
Arts
146
CITY OF HOPKINS
FUNCTION: Arts Center
PROGRAM: Facility Operations and Programming & Promotions
Building Community through the Arts by fostering creative expression and providing artistic and
educational opportunities for people of all ages.
PROGRAM SUMMARY: The Hopkins Center for the Arts is a premiere cultural and artistic destination drawing over
215,000 visitors annually. Its amenities include a 715 seat theater, black-box theater, art gallery, dance studio,
classroom, meeting and multipurpose spaces. The Center provides artistic and educational opportunities for people
of all ages and abilities, including a concert series of local and national artists, exhibits that are free and open to the
public, and ArtStreet, the public art sculpture program. It is also home to tenant partners – Stages Theatre Company
and the Hopkins School District. Hopkins Center for the Arts earns revenue through tenant leases, rentals, admission
fees, gifts and grants.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to build relationships in our community and collaborate with tenants, partners, businesses and
residents to meet City Strategic Plan goals and engage a broad segment of the community.
2. Operate within a balanced budget that maximizes revenues and controls expenses, with the goal of
financial sustainability.
3. Increase the fundraising capacity of the Arts Center to address operating and capital needs.
4. Build participation in Center arts activities, including concerts and exhibitions, and explore creative
opportunities beyond the walls of the Center.
5. Strengthen the identity and enhance the reputation of the Hopkins Center for the Arts.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Property Taxes $ 331,694 $ 339,318 $ 347,697 $ 345,000 -0.78%
Intergovernmental Revenue 46,808 253,295 32,000 75,000 134.38%
Charges for Current Services 470,356 712,700 681,435 702,650 3.11%
Other Revenues 13,751 17,109 23,000 15,000 -34.78%
Inter-Fund Transfers 80,000 80,000 80,000 35,000 -56.25%
942,609 1,402,422 1,164,132 1,172,650 0.73%
Expenditures
Salaries and Wages $ 315,750 $ 361,667 $ 400,615 $ 472,400 17.92%
Fringe Benefits 116,824 124,221 112,063 119,120 6.3%
Professional & Technical Services 62,112 215,224 37,050 207,800 460.86%
Utilities and Maintenance 65,802 80,490 82,500 89,600 8.61%
Operations 66,011 81,862 57,800 106,400 84.08%
City Support Services 11,805 11,633 11,669 11,775 0.91%
Supplies and Materials 41,511 44,836 240,000 46,600 -80.58%
Equipment Allocation - 82,477 162,435 90,402 -44.35%
679,815 1,002,410 1,104,132 1,144,097 3.62%
NET TAX AND GENERAL
REVENUE SUPPORTED (262,794)(400,012)(60,000)(28,553)-52.41%
PERSONNEL:
Number of FTE Positions 5.66 5.50 4.25 4.25
FUND 250 – ARTS CENTER FUND
147
CITY OF HOPKINS
FUNCTION: TIF DISTRICT 1-2
Revenues and Expenditures
Special Revenue Fund 211
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
Professional & Technical Services $ 270 $ 13 $ 8,000 $ 8,000 0%
City Support Services 243 2,000 2,000 182 -90.9%
Debt Repayment 5,046 3,327 6,046 6,046 0%
Other Financing Uses - 302,400 - - 0%
Total Expenditures $ 5,559 $ 307,740 $ 16,046 $ 14,228 -11.33%
Excess (deficiency) of revenues over
expenditures 5,559 307,740 16,046 14,228 -11.33%
148
CITY OF HOPKINS
FUNCTION: Tax Increment Financing
PROGRAM: Redevelopment within Central Business District
PROGRAM SUMMARY: Redevelopment activity of property in the Central Business District (CBD), north and
south of Mainstreet between 11th and 12th Avenues.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Assist in preparation of program budget and other required documentation.
2. Prepare required State Auditor Annual Reports.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Professional & Technical Services $ 270 $ 13 $ 8,000 $ 8,000 0%
City Support Services 243 2,000 2,000 182 -90.9%
Debt Repayment 5,046 3,327 6,046 6,046 0%
Other Financing Uses - 302,400 - - 0%
5,559 307,740 16,046 14,228 -11.33%
NET TAX AND GENERAL
REVENUE SUPPORTED 5,559 307,740 16,046 14,228 -11.33%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 211 – TAX INCREMENT DISTRICT 1-2 FUND
149
CITY OF HOPKINS
FUNCTION: TIF DISTRICT 2-11
Revenues and Expenditures
Special Revenue Fund 231
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Tax Increment $ 2,947,720 $ 2,817,252 $ 2,800,000 $ 2,800,000 0%
Total Revenues $ 2,947,720 $ 2,817,252 $ 2,800,000 $ 2,800,000 0%
Expenditures
Professional & Technical Services $ 33,175 $ 21,948 $ 50,000 $ 50,000 0%
City Support Services 37,955 32,641 32,000 41,936 31.05%
Other Financing Uses 1,383,300 9,249,355 2,818,000 1,983,330 -29.62%
Total Expenditures $ 1,454,430 $ 9,303,944 $ 2,900,000 $ 2,075,266 -28.44%
Excess (deficiency) of revenues over
expenditures (1,493,290) 6,486,692 100,000 (724,734)-824.73%
The Tax Increment District 2-11 fund is the SuperValu and Super Value North Annex redevelopment. This fund
records the use of tax increments and bond proceeds.
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CITY OF HOPKINS
FUND 231 – TAX INCREMENT 2-11 FUND
FUNCTION: Tax Increment Financing
PROGRAM: Redevelopment Area – North Annex Property
PROGRAM SUMMARY: Coordinate and review development and redevelopment activity.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Assist in preparation of program budget and other required documents.
2. Prepare required annual State Auditor report.
3. Distribute Pay As You Go financing to developer as scheduled.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Tax Increment $ 2,947,720 $ 2,817,252 $ 2,800,000 $ 2,800,000 0%
2,947,720 2,817,252 2,800,000 2,800,000 0%
Expenditures
Professional & Technical Services $ 33,175 $ 21,948 $ 50,000 $ 50,000 0%
City Support Services 37,955 32,641 32,000 41,936 31.05%
Other Financing Uses 1,383,300 9,249,355 2,818,000 1,983,330 -29.62%
1,454,430 9,303,944 2,900,000 2,075,266 -28.44%
NET TAX AND GENERAL
REVENUE SUPPORTED (1,493,290) 6,486,692 100,000 (724,734)-824.73%
PERSONNEL:
Number of FTE Positions 0 0 0 0
Super Valu Development Excelsior Crossings Development
151
CITY OF HOPKINS
FUNCTION: 5TH AVENUE FLATS
Revenues and Expenditures
Special Revenue Fund 232
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Expenditures
City Support Services $ 53 $ - $ - $ - 0%
Total Expenditures $ 53 $ - $ - $ - 0%
Excess (deficiency) of revenues over
expenditures 53 - - - 0%
5th Avenue Flats is a redevelopment of a block within the downtown district. The fund records the costs and
reimbusement of project expenses.
152
Proposed Fifth
Avenue Flats project
CITY OF HOPKINS
FUNCTION: Tax Increment Financing
PROGRAM: Redevelopment Area –6th & Mainstreet
PROGRAM SUMMARY: Redevelopment of property between Fifth and Sixth Avenues, north of Mainstreet into an
apartment development.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Work with developer on project implementation.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
City Support Services $ 53 $ - $ - $ - 0%
53 - - - 0%
NET TAX AND GENERAL
REVENUE SUPPORTED 53 - - - 0%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 232 – 5TH AVENUE
153
CITY OF HOPKINS
FUNCTION: TIF 1-4 MARKETPLACE & Main
Revenues and Expenditures
Special Revenue Fund 233
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Tax Increment $ 224,903 $ 203,553 $ 225,000 $ 225,000 0%
Total Revenues $ 224,903 $ 203,553 $ 225,000 $ 225,000 0%
Expenditures
Professional & Technical Services $ 112 $ 114 $ 2,500 $ 2,500 0%
City Support Services 2,379 3,910 3,910 2,448 -37.39%
Other Financing Uses 211,622 201,379 209,418 210,000 0.28%
Total Expenditures $ 214,113 $ 205,403 $ 215,828 $ 214,948 -0.41%
Excess (deficiency) of revenues over
expenditures (10,790) 1,850 (9,172)(10,052)9.59%
The Tax Increment District 1-4 Fund is the redevelopment of several blocks of the downtown business district into a
housing and retail development. This fund records the tax increment revenues.
154
CITY OF HOPKINS
FUNCTION: Tax Increment Financing
PROGRAM: Redevelopment Area –Marketplace & Main
PROGRAM SUMMARY: Redevelopment of property between 6th and 8th Avenues into mixed-use
apartment, townhome & retail development.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Assist in preparation of program budget and other required documents.
2. Prepare required annual State Auditor report.
3. Distribute Pay As You Go financing to developer as scheduled.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Tax Increment $ 224,903 $ 203,553 $ 225,000 $ 225,000 0%
224,903 203,553 225,000 225,000 0%
Expenditures
Professional & Technical Services $ 112 $ 114 $ 2,500 $ 2,500 0%
City Support Services 2,379 3,910 3,910 2,448 -37.39%
Other Financing Uses 211,622 201,379 209,418 210,000 0.28%
214,113 205,403 215,828 214,948 -0.41%
NET TAX AND GENERAL
REVENUE SUPPORTED (10,790) 1,850 (9,172)(10,052)9.59%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 233 – TAX INCREMENT 1-4 FUND
155
CITY OF HOPKINS
FUNCTION: TIF 1-5 MOLINE
Revenues and Expenditures
Special Revenue Fund 234
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Tax Increment $ 1,010,181 $ 1,026,145 $ 1,015,000 $ 1,015,000 0%
Inter-Fund Transfers - 1,500,000 1,500,000 1,500,000 0%
Total Revenues $ 1,010,181 $ 2,526,145 $ 2,515,000 $ 2,515,000 0%
Expenditures
Professional & Technical Services $ 225 $ 8,415 $ 2,000 $ 2,000 0%
City Support Services 11,946 18,101 18,101 28,195 55.76%
Other Financing Uses 909,163 2,976,031 2,467,786 2,500,000 1.31%
Total Expenditures $ 921,334 $ 3,002,547 $ 2,487,887 $ 2,530,195 1.7%
Excess (deficiency) of revenues over
expenditures (88,847) 476,402 (27,113) 15,195 -156.04%
The Tax Increment District 1-5 Fund is the redevelopment of the Johnson Building into an luxury apartment building
than will help connect a future light rail station to historic downtown Hopkins. This fund records the tax increment
revenues beginning in 2019.
156
CITY OF HOPKINS
PROGRAM: Moline Redevelopment Project
PROGRAM SUMMARY
Redevelopment of Johnson Building into luxury apartments.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Assist in preparation of program budget and other required documents.
2. Prepare required annual State Auditor report.
3. Distribute Pay As You Go financing to developer as scheduled.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Tax Increment $ 1,010,181 $ 1,026,145 $ 1,015,000 $ 1,015,000 0%
Inter-Fund Transfers - 1,500,000 1,500,000 1,500,000 0%
1,010,181 2,526,145 2,515,000 2,515,000 0%
Expenditures
Professional & Technical Services $ 225 $ 8,415 $ 2,000 $ 2,000 0%
City Support Services 11,946 18,101 18,101 28,195 55.76%
Other Financing Uses 909,163 2,976,031 2,467,786 2,500,000 1.31%
921,334 3,002,547 2,487,887 2,530,195 1.7%
NET TAX AND GENERAL
REVENUE SUPPORTED (88,847) 476,402 (27,113) 15,195 -156.04%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 234 – TAX INCREMENT 1-5 FUND
157
CITY OF HOPKINS
EQUIPMENT REPLACEMENT BUDGET
Revenues and Expenses
Internal Service Fund 602
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 200,244 $ - $ 250,000 $ 360,000 44%
Charges for Current Services 632,614 670,948 709,940 752,536 6%
Interest on Investments - - 9,906 11,133 12.39%
Other Revenues 48,233 113,525 116,800 35,000 -70.03%
Inter-Fund Transfers - 935,000 220,564 - -100%
Total Revenues $ 881,091 $ 1,719,473 $ 1,307,210 $ 1,158,669 -11.36%
Expenditures
Professional & Technical Services $ 1,919 $ 10,451 $ - $ - 0%
City Support Services 14,174 7,439 - - 0%
Supplies and Materials - - 35,600 35,956 1%
Equipment Allocation 472,080 918,001 1,701,345 1,439,794 -15.37%
Depreciation 699,147 776,425 800,000 825,000 3.13%
Total Expenditures $ 1,187,320 $ 1,712,316 $ 2,536,945 $ 2,300,750 -9.31%
Excess (deficiency) of revenues over
expenditures 306,229 (7,157) 1,229,735 1,142,081 -7.13%
The Equipment Replacement fund is an internal service fund. It accounts for the acquisition of machinery and
equipment. User charges are billed to the various departments.
158
CITY OF HOPKINS
PROGRAM: Equipment Replacement
PROGRAM SUMMARY
Coordinate and review twenty-year equipment replacement plan on an annual basis. The objective of this fund is to
stabilize the required funding on an annual basis while enabling the fund to purchase scheduled equipment
replacement without issuing bonds.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Update 5-year Equipment Replacement Plan.
2. Analyze future needs.
3. Review revenue structure to accommodate equipment needs as identified in the long-range 20-year plan.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Property Taxes $ 200,244 $ - $ 250,000 $ 360,000 44%
Charges for Current Services 632,614 670,948 709,940 752,536 6%
Interest on Investments - - 9,906 11,133 12.39%
Other Revenues 48,233 113,525 116,800 35,000 -70.03%
Inter-Fund Transfers - 935,000 220,564 - -100%
881,091 1,719,473 1,307,210 1,158,669 -11.36%
Expenditures
Professional & Technical Services $ 1,919 $ 10,451 $ - $ - 0%
City Support Services 14,174 7,439 - - 0%
Supplies and Materials - - 35,600 35,956 1%
Equipment Allocation 472,080 918,001 1,701,345 1,439,794 -15.37%
Depreciation 699,147 776,425 800,000 825,000 3.13%
1,187,320 1,712,316 2,536,945 2,300,750 -9.31%
NET TAX AND GENERAL
REVENUE SUPPORTED 306,229 (7,157) 1,229,735 1,142,081 -7.13%
PERSONNEL:
Number of FTE Positions 0 0 0 0
FUND 602 – EQUIPMENT REPLACEMENT FUND
159
CITY OF HOPKINS
FUNCTION: WATER
Revenues and Expenses
Enterprise Fund 703
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 2,030 $ - $ - $ - 0%
Charges for Current Services 130,557 122,049 148,000 151,000 2.03%
Utility Service Charges 2,268,634 2,314,284 2,365,000 2,741,400 15.92%
Other Revenues 1,195 1,091 - - 0%
OTHER FINANCING SOURCES (20,061) - - - 0%
Total Revenues $ 2,382,355 $ 2,437,424 $ 2,513,000 $ 2,892,400 15.1%
Expenditures
Salaries and Wages $ 438,073 $ 437,348 $ 422,195 $ 463,966 9.89%
Fringe Benefits 143,184 165,652 172,271 184,624 7.17%
Professional & Technical Services 1,889,338 3,337,150 212,600 230,600 8.47%
Utilities and Maintenance 445,961 525,512 529,000 576,000 8.88%
Operations 12,521 27,226 46,450 37,450 -19.38%
City Support Services 283,176 284,729 284,976 308,480 8.25%
Supplies and Materials 127,169 141,999 166,250 194,750 17.14%
Depreciation 314,037 328,278 328,922 330,000 0.33%
Debt Repayment 125,432 171,324 207,832 294,798 41.84%
Other Financing Uses 159,426 159,426 257,091 238,307 -7.31%
Total Expenditures $ 3,938,317 $ 5,578,644 $ 2,627,587 $ 2,858,975 8.81%
Excess (deficiency) of revenues over
expenditures 1,555,962 3,141,220 114,587 (33,425)-129.17%
The Water fund is a utility enterprise. The operations of water pumps, wells and distribution are recorded here.
160
CITY OF HOPKINS
FUND 703 – WATER FUND
FUNCTION: Water
PROGRAM: Pumps & Wells and Water Distribution
PROGRAM SUMMARY: The Pumps & Wells and Distribution program of the Water Utility Fund provides
maintenance to the City’s water well pumping system so that a continued supply of potable water is furnished to
water customers at the most reasonable cost. Water supply must be maintained at proper levels, as well as
bacterial free. Metering devices are also maintained.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Produce water supply sufficient to meet the needs of 19,000 people.
2. Flush and check all hydrants annually.
3. Check all wells each day.
4. Test samples each month to ensure safe water supply.
5. Install new valves & hydrants in new construction areas.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Approved Approved Approved Percent
2020 2021 2022 2023 Change
OPERATING REVENUES
Intergovernmental Revenue $ 2,030.00 $ - $ - $ - 0%
Operating 2,280,059 2,337,671 2,368,000 2,747,400 16.02%
Non-operating Revenues 100,266 99,753 145,000 145,000 0%
2,382,355 2,437,424 2,513,000 2,892,400 15.1%
OPERATING EXPENSES
Personnel Services $ 581,257.00 $ 603,000.00 $ 594,466.00 $ 648,590.00 9.1%
Other Services & Charges 1,094,636 1,220,653 1,239,276 1,347,280 8.72%
Depreciation Expense 314,037 328,278 328,922 330,000 0.33%
Capital Outlay/Construction (15,602) - - - 0%
Non-operating Expenses 284,858 330,750 464,923 533,105 14.67%
2,259,186 2,482,681 2,627,587 2,858,975 8.81%
NET INCOME (LOSS) 123,169.00 (45,257.00)(114,587.00) 33,425.00 -129.17%
PERSONNEL:
Number of FTE Positions 4.79 4.15 4.95 4.95
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Gallons of safe drinking water produced (in
millions) 584 607 654 615
161
CITY OF HOPKINS
FUNCTION: SANITARY SEWER
Revenue and Expenses
Enterprise fund 707
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 117 $ - $ - $ - 0%
Charges for Current Services 10,772 19,698 15,000 15,000 0%
Utility Service Charges 3,117,316 3,151,133 3,425,000 3,600,000 5.11%
Total Revenues $ 3,128,205 $ 3,170,831 $ 3,440,000 $ 3,615,000 5.09%
Expenditures
Salaries and Wages $ 229,924 $ 203,187 $ 206,677 $ 242,391 17.28%
Fringe Benefits 72,448 74,738 81,158 87,956 8.38%
Professional & Technical Services 1,435,664 860,679 153,000 158,500 3.59%
Utilities and Maintenance 1,618,662 1,851,273 1,955,678 2,071,683 5.93%
Operations 6,349 14,041 24,650 17,250 -30.02%
City Support Services 151,816 207,354 213,675 231,427 8.31%
Supplies and Materials 18,714 15,596 30,300 30,500 0.66%
Equipment Allocation - 201,652 - - 0%
Depreciation 328,362 340,043 340,288 350,000 2.85%
Debt Repayment 117,733 105,070 202,372 149,768 -25.99%
Other Financing Uses 131,832 131,832 190,166 244,584 28.62%
Total Expenditures $ 4,111,504 $ 4,005,465 $ 3,397,964 $ 3,584,059 5.48%
Excess (deficiency) of revenues over
expenditures 983,299 834,634 (42,036)(30,941)-26.39%
The Sanitary Sewer fund is a utility enterprise. The operations of the Lift Stations and the Collection/Disposal
process is recorded here.
162
CITY OF HOPKINS
FUND 707 – SEWER FUND
FUNCTION: Sewer
PROGRAM: Lift Stations, Collection & Disposal
PROGRAM SUMMARY: The Lift Stations program of the Sewer Utility Fund provides maintenance and repairs to
the City’s sanitary sewer lift station system. The system is comprised of 6 sanitary sewer lift stations that pump
sewage to the Metro Sewer System for disposal.
The Collection & Disposal program of the Sewer Utility Fund provides maintenance to the City’s sanitary sewer
system. The system is comprised of sewers, manholes, and lift stations so that sewage may be transported to the
Metro Sewer System for disposal.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 202:
1. Clean 33% of sanitary sewer lines in the City plus monthly checks of manholes in problem areas.
2. Check daily the operation of sanitary sewer lift stations and repair as needed.
3. Inform neighborhoods prior to scheduled sanitary sewer line maintenance.
4. Verify accuracy and implement new utility mapping system.
5. Inform neighborhoods prior to scheduled sanitary sewer line maintenance.
6. Repair or replace manhole cover & casting as needed.
7. Line & repair sewer mains as needed per T.V. reports, also repair of manhole structures.
8. Emergency generators maintenance program.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Approved Approved Approved Percent
2020 2021 2022 2023 Change
OPERATING REVENUES
Intergovernmental Revenue $ 117.00 $ - $ - $ - 0%
Interest on Investments - - 20,000 20,000 0%
Operating 3,128,088 3,170,831 3,440,000 3,615,000 5.09%
3,128,205 3,170,831 3,460,000 3,635,000 5.06%
OPERATING EXPENSES
Personnel Services $ 302,372.00 $ 277,925.00 $ 287,835.00 $ 330,347.00 14.77%
Other Services & Charges 1,863,671 2,171,148 2,377,303 2,509,360 5.55%
Depreciation Expense 328,362 340,043 340,288 350,000 2.85%
Capital Outlay/Construction 15,602 10 - - 0%
Non-operating Expenses 245,808 231,777 392,538 394,352 0.46%
2,755,815 3,020,903 3,397,964 3,584,059 5.48%
NET INCOME (LOSS) 372,390.00 149,928.00 62,036.00 50,941.00 -17.88%
PERSONNEL:
Number of FTE Positions 2.60 2.24 2.44 2.44
PERFORMANCE MEASURES:
2021 2022 2023 2024
Key Measures:Actual Actual Estimated Projected
Number of Gallons Conveyed (in millions) 584 607 654 615
163
CITY OF HOPKINS
FUNCTION: REFUSE
Revenues and Expenses
Enterprise Fund 717
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 15,394 $ 37,574 $ 18,500 $ 47,500 156.76%
Charges for Current Services 211,431 31,774 236,600 228,600 -3.38%
Utility Service Charges 763,676 1,147,620 1,004,100 1,048,985 4.47%
Other Revenues 2,052 3,167 2,000 5,000 150%
Total Revenues $ 992,553 $ 1,220,135 $ 1,261,200 $ 1,330,085 5.46%
Expenditures
Salaries and Wages $ 385,805 $ 299,631 $ 272,799 $ 299,449 9.77%
Fringe Benefits 93,423 118,420 105,348 130,247 23.64%
Professional & Technical Services 188,207 409,528 422,340 438,500 3.83%
Utilities and Maintenance 230,439 210,036 187,790 244,050 29.96%
Operations 3,270 7,588 5,315 6,640 24.93%
City Support Services 148,332 160,060 177,567 191,521 7.86%
Supplies and Materials 15,896 45,226 55,650 66,700 19.86%
Equipment Allocation 138,288 - - - 0%
Depreciation 45,697 72,546 73,082 75,000 2.62%
Other Financing Uses 25,000 25,000 25,000 25,000 0%
Total Expenditures $ 1,274,357 $ 1,348,035 $ 1,324,891 $ 1,477,107 11.49%
Excess (deficiency) of revenues over
expenditures 281,804 127,900 63,691 147,022 130.84%
The Refuse fund is a utlity enterprise. The operations of bulk collections, yard waste, recycling, brush service and
refuse disposal are recorded here.
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CITY OF HOPKINS
FUNCTION: Refuse
PROGRAM: Bulk Collection
PROGRAM SUMMARY: The Bulk Collection program of the Refuse Utility Fund is a user fee based service that
provides bulk item pickup for larger items. Pick ups are scheduled on a call-in basis and take place Thursdays
throughout the year. A bulk item drop off event is provided twice per year (spring & fall).
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 156 $ - $ - $ - 0%
Charges for Current Services 23,340 21,603 20,000 20,000 0%
Other Revenues 1,884 2,076 2,000 2,000 0%
Total Revenues 25,380 23,679 22,000 22,000 0%
Expenditures
Salaries and Wages $ 81,738 $ 21,038 $ 22,855 $ 26,335 15.23%
Fringe Benefits 6,670 8,194 6,853 8,553 24.81%
Professional & Technical Services 500 - 500 500 0%
Utilities and Maintenance 23,622 28,649 25,000 25,000 0%
Operations - 605 1,000 1,150 15%
City Support Services 11,995 13,284 13,565 14,174 4.49%
Supplies and Materials 249 153 275 550 100%
Total Expenditures 124,774 71,923 70,048 76,262 8.87%
NET INCOME (LOSS) 99,394 48,244 48,048 54,262 -
PERSONNEL:
Number of FTE Positions 0.24 0.26 0.28 0.28
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Review and expand user fee based system. (Council Approval Required)
2. Improve drop off procedures and increase efficiency at our bi-annual drop offs.
FUND 717 - REFUSE FUND
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CITY OF HOPKINS
FUNCTION: Refuse
PROGRAM: Yard Waste/Leaf Collection
PROGRAM SUMMARY: The Yard Waste/Leaf Collection program of the Refuse Utility Fund is a user fee based
service that provides bagged yard waste and leaf collection weekly, mid-April through November, for Hopkins
residential refuse customers. (Subject to change upon Council review.) A free drop-off site is also available to
Hopkins residents three times a week.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 7,723 $ 8,038 $ 7,600 $ 7,600 0%
Total Revenues 7,723 8,038 7,600 7,600 0%
Expenditures
Salaries and Wages $ 63,136 $ 61,891 $ 46,387 $ 53,257 14.81%
Fringe Benefits 15,576 17,651 17,262 20,363 17.96%
Professional & Technical Services 1,245 1,605 1,300 2,000 53.85%
Utilities and Maintenance 45,493 4,856 15,050 15,050 0%
Operations 49 86 115 115 0%
City Support Services 14,737 18,698 18,776 19,886 5.91%
Supplies and Materials 346 964 600 600 0%
Total Expenditures 140,582 105,751 99,490 111,271 11.84%
NET INCOME (LOSS) 132,859 97,713 91,890 103,671 -
PERSONNEL:
Number of FTE Positions 0.53 0.56 1.60 1.60
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to explore ways to improve our user fee based system.
(Council Approval Required)
2. Monitor usage of free residential drop off site.
3. Track impact of curbside fee increase and compostable bag requirement.
FUND 717 - REFUSE FUND
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CITY OF HOPKINS
FUNCTION: Refuse
PROGRAM: Recycle
PROGRAM SUMMARY: The Recycle program of the Refuse Utility Fund provides bi-weekly single stream recycle
collection for 2,990 residences in the City Service area. Collection is provided by a private licensed hauler who is
contracted by the City. Commercial and multi-family properties are required to contract independently for recycling
services.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ 15,238 $ 37,574 $ 6,000 $ 35,000 483.33%
Charges for Current Services 173,933 181,645 198,000 190,000 -4.04%
Other Revenues 168 952 - 3,000 0%
Total Revenues 189,339 220,171 204,000 228,000 11.76%
Expenditures
Salaries and Wages $ 41,100 $ 41,416 $ 43,425 $ 30,421 -29.95%
Fringe Benefits 13,338 16,026 8,682 14,073 62.09%
Professional & Technical Services 163,798 192,633 187,700 195,000 3.89%
Utilities and Maintenance 8,045 13,577 - 20,000 0%
Operations 542 1,370 950 1,375 44.74%
City Support Services 30,250 36,424 36,096 40,034 10.91%
Supplies and Materials 451 924 525 1,050 100%
Total Expenditures 257,524 302,370 277,378 301,953 8.86%
NET INCOME (LOSS) 68,185 82,199 73,378 73,953 -
PERSONNEL:
Number of FTE Positions 0.55 0.55 0.59 0.59
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Monitor the Single Stream Recycling Program and work with residents to increase the volume of waste
recycled.
2. Verify compliance of commercial and multi-family properties.
3. Continue to promote waste abatement through public awareness campaigns and educational presentations.
FUND 717 - REFUSE FUND
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CITY OF HOPKINS
FUNCTION: Refuse
PROGRAM: Brush Service
PROGRAM SUMMARY: The Brush Service program of the Refuse Utility Fund is a user fee based service that
provides for the collection of curbside brush weekly on a call-in basis on Tuesdays throughout the year. Free yard
waste/brush drop off is offered three times per week from mid-May through November. (Subject to change upon
Council review.)
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Expenditures
Salaries and Wages $ 31,451 $ 33,650 $ 25,492 $ 41,794 63.95%
Fringe Benefits 7,611 12,425 9,469 16,718 76.56%
Professional & Technical Services 1,300 - 1,000 - -100%
Utilities and Maintenance 1,629 52 5,100 6,000 17.65%
Operations - 66 - - 0%
City Support Services 12,908 13,174 13,891 14,429 3.87%
Supplies and Materials 1,905 1,629 1,050 1,300 23.81%
Total Expenditures 56,804 60,996 56,002 80,241 43.28%
NET INCOME (LOSS) 56,804 60,996 56,002 80,241 -
PERSONNEL:
Number of FTE Positions 0.30 0.35 0.41 0.41
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to explore ways to improve our user fee based system. (Council Approval Required)
2. Monitor impact of curbside brush pick-up fee increase on program usage.
3. Continue free residential drop off system.
FUND 717 - REFUSE FUND
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CITY OF HOPKINS
FUNCTION: Refuse
PROGRAM: Organics
PROGRAM SUMMARY: Organic recycling is a shared drop-off facility available to Hopkins and Minnetonka refuse
customers. Organics can be dropped off 24/7 at the facility.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Intergovernmental Revenue $ - $ - $ 12,500 $ 12,500 0%
Charges for Current Services - (191,400) - - 0%
Utility Service Charges - 355,591 207,000 212,030 2.43%
Other Revenues - 73 - - 0%
Total Revenues - 164,264 219,500 224,530 2.29%
Expenditures
Professional & Technical Services $ - $ 195,247 $ 204,840 $ 213,000 3.98%
Utilities and Maintenance 802 - 2,000 2,000 0%
Operations - 827 250 250 0%
Supplies and Materials 1,733 - 1,500 1,500 0%
Total Expenditures 2,535 196,074 208,590 216,750 3.91%
NET INCOME (LOSS) 2,535 31,810 (10,910)(7,780) -
PERSONNEL:
Number of FTE Positions 0 0 0 0
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to provide an option for organic recycling to customers.
2. Continue thirdear of curbside organic recycling service
FUND 717 – REFUSE FUND
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CITY OF HOPKINS
FUND 717 – REFUSE FUND
FUNCTION: Refuse
PROGRAM: Disposal
PROGRAM SUMMARY: The Disposal program of the Refuse Utility Fund provides automated refuse collection by
City refuse trucks and personnel. Residential Refuse is collected from roll out carts with a fully automated truck on
one of four designated route days.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue to improve refuse collection service to our residents.
2. Maintain excellent customer service through monitoring of operations and communicating with residents.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Audited Approved Approved Percent
Actuals Actuals Budget Budget Change
Revenues
Charges for Current Services $ 6,435 $ 11,888 $ 11,000 $ 11,000 0%
Interest on Investments 623 (1,053) 10,000 10,000 0%
Utility Service Charges 763,676 792,029 797,100 836,955 5%
Other Revenues - 66 - - 0%
770,734 802,930 818,100 857,955 4.87%
Expenditures
Salaries and Wages $ 168,380 $ 141,636 $ 134,640 $ 147,642 9.66%
Fringe Benefits 50,228 64,124 63,082 70,540 11.82%
Professional & Technical Services (116,924) 20,043 27,000 28,000 3.7%
Utilities and Maintenance 150,848 162,902 140,640 176,000 25.14%
Operations 2,679 4,634 3,000 3,750 25%
City Support Services 78,442 78,480 95,239 102,998 8.15%
Supplies and Materials 11,212 41,556 51,700 61,700 19.34%
Equipment Allocation 138,288 - - - 0%
Depreciation 45,697 72,546 73,082 75,000 2.62%
Other Financing Uses 25,000 25,000 25,000 25,000 0%
553,850 610,921 613,383 690,630 12.59%
NET TAX AND GENERAL
REVENUE SUPPORTED (216,884)(192,009)(204,717)(167,325)-18.27%
Dept. 40100, 48930, 48940, 48950, 49999 excluding account 3700 for FY19
PERSONNEL:
Number of FTE Positions 1.76 1.85 1.94 1.94
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CITY OF HOPKINS
FUNCTION: STORM WATER
Revenues and Expenses
Enterprise Fund 740
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Intergovernmental Revenue $ 33 $ - $ - $ - 0%
Charges for Current Services 3,759 6,874 6,000 6,000 0%
Utility Service Charges 798,809 799,340 779,332 779,332 0%
Total Revenues $ 802,601 $ 806,214 $ 785,332 $ 785,332 0%
Expenditures
Salaries and Wages $ 74,007 $ 52,240 $ 49,803 $ 58,434 17.33%
Fringe Benefits 31,708 28,672 17,333 20,258 16.88%
Professional & Technical Services 1,415,726 608,152 14,000 28,000 100%
Utilities and Maintenance 14,091 - 36,000 46,000 27.78%
Operations 2,678 4,324 4,000 4,000 0%
City Support Services 25,217 24,077 23,877 26,464 10.83%
Supplies and Materials 905 59 3,350 5,300 58.21%
Equipment Allocation (24,000) - - - 0%
Depreciation 309,542 319,362 319,498 325,000 1.72%
Debt Repayment 72,114 68,894 148,824 97,829 -34.27%
Other Financing Uses 155,504 155,504 176,837 214,808 21.47%
Total Expenditures $ 2,077,492 $ 1,261,284 $ 793,522 $ 826,093 4.1%
Excess (deficiency) of revenues over
expenditures 1,274,891 455,070 8,190 40,761 397.69%
The Storm Sewer fund is a utility enterprise. The reconstruction of storm sewers and ponding for drainage throughout
the city is recorded here.
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CITY OF HOPKINS
FUNCTION: Storm Sewer
PROGRAM: Sewer Maintenance
PROGRAM SUMMARY:The Sewer Maintenance program of the Storm Sewer Fund maintains all storm sewer
lines and storm inlets to assure adequate run-off. Creeks and ditches must be monitored to assure proper run-off
and weed and pollution control. This work is done with staff and equipment from the Water & Sewer and Street &
Sanitation divisions.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Continue upgrades of storm water system including catch basin maintenance upgrades and open drainage
ditch maintenance.
2. Continue reviewing overall city storm water drainage system and meet all requirements of city’s National
Pollution Discharge Elimination System (NPDES), Phase II Storm Water Pollution Prevention Plan (SWPPP).
3. Continue grit chamber cleaning
4. Clean catch basins and inspect for repair.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Approved Approved Approved Percent
2020 2021 2022 2023 Change
OPERATING REVENUES
Intergovernmental Revenue $ 33.00 $- $- $-0%
Operating 802,568 806,214 785,332 785,332 0%
Non-operating Revenues 465 -25,000 25,000 0%
803,066 806,214 810,332 810,332 0%
OPERATING EXPENSES
Personnel Services $ 105,715.00 $ 80,912.00 $ 67,136.00 $ 78,692.00 17.21%
Other Services & Charges 90,192 33,635 81,227 109,764 35.13%
Depreciation Expense 309,542 319,362 319,498 325,000 1.72%
Capital Outlay/Construction -44,091 - - 0%
Non-operating Expenses 227,618 224,398 325,661 312,637 -4%
733,067 702,398 793,522 826,093 4.1%
NET INCOME (LOSS) 69,999.00 103,816.00 16,810.00 (15,761.00)-193.76%
PERSONNEL:
Number of FTE Positions 0.63 0.66 0.65 0.65
FUND 740 – STORM SEWER FUND
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CITY OF HOPKINS
FUNCTION: PAVILION
Revenues and Expenses
Enterprise Fund 747
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 340,249 $ 417,999 $ 340,000 $ 440,000 29.41%
Intergovernmental Revenue 127 250,000 - - 0%
Charges for Current Services 464,169 478,991 479,000 473,700 -1.11%
Other Revenues 1,317 20,932 - - 0%
Total Revenues $ 805,862 $ 1,167,922 $ 819,000 $ 913,700 11.56%
Expenditures
Salaries and Wages $ 286,450 $ 247,036 $ 266,293 $ 214,338 -19.51%
Fringe Benefits 84,246 86,001 92,771 98,267 5.92%
Professional & Technical Services 4,647 4,055 7,000 6,000 -14.29%
Utilities and Maintenance 124,415 132,404 102,500 103,850 1.32%
Operations 19,494 18,153 18,290 18,290 0%
City Support Services 36,458 18,464 18,721 19,703 5.25%
Supplies and Materials 18,295 23,915 18,325 19,675 7.37%
Equipment Allocation - 66,009 - 100,000 0%
Depreciation 477,971 475,931 477,786 480,000 0.46%
Debt Repayment 86,110 79,435 79,275 73,350 -7.47%
Total Expenditures $ 1,138,086 $ 1,151,403 $ 1,080,961 $ 1,133,473 4.86%
Excess (deficiency) of revenues over
expenditures 332,224 (16,519) 261,961 219,773 -16.1%
The Pavilion fund is an ice rink enterprise. The operations for the ice arena, soccer league and dry floor are recorded
here.
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CITY OF HOPKINS
FUNCTION: Pavilion
PROGRAM: Ice, Turf, Dry Floor, & Room Rental
PROGRAM SUMMARY: The rental programs of the Pavilion Fund manages and schedules public use groups and
maintenance for the ice arena/pavilion which will utilize the facility to its maximum potential and generate adequate
revenue to offset the cost of operations.
MAJOR OBJECTIVES TO BE ACCOMPLISHED IN 2024:
1. Create and market programs, events, and opportunities to safely increase the community’s recreational
options.
2. Meet with local athletic associations to gather input and ideas on how we can better serve their needs.
3. Develop and utilize energy saving procedures and equipment. Evaluate environmental impact of current facility
supplies and replace with eco-friendly products where appropriate
4. Operate a budget to maximize revenues.
FY 2021 FY 2022 FY 2023 FY 2024
Audited Approved Approved Approved Percent
2020 2021 2022 2023 Change
OPERATING REVENUES
Intergovernmental Revenue $ 127.00 $ 250,000.00 $- $-0%
Other Revenues 1 - - - 0%
Operating 465,486 499,923 479,000 473,700 -1.11%
Non-operating Revenues 340,249 417,999 340,000 440,000 29.41%
805,863 1,167,922 819,000 913,700 11.56%
OPERATING EXPENSES
Personnel Services $ 370,696.00 $ 333,037.00 $ 359,064.00 $ 312,605.00 -12.94%
Other Services & Charges 203,309 196,991 164,836 167,518 1.63%
Depreciation Expense 477,971 475,931 477,786 480,000 0.46%
Capital Outlay/Construction - - - 100,000 0%
Non-operating Expenses 86,110 79,435 79,275 73,350 -7.47%
1,138,086 1,085,394 1,080,961 1,133,473 4.86%
NET INCOME (LOSS)(332,223.00) 82,528.00 (261,961.00) (219,773.00)-16.1%
PERSONNEL:
Number of FTE Positions 2.90 2.90 2.42 2.42
FUND 747 – PAVILION FUND
174
CITY OF HOPKINS
FUNCTION: DEBT SERVICE
Revenues and Expenditures
Actual Actual Budget Budget Percent
2021 2022 2023 2024 Change
Revenues
Property Taxes $ 4,114,950 $ 4,003,048 $ 3,892,746 $ 4,107,613 5.52%
Special Assessments 941,854 761,644 762,447 782,039 2.57%
Interest on Investments 11,900 (11,150) - - 0%
OTHER FINANCING SOURCES 3,856,611 3,223,981 - - 0%
Inter-Fund Transfers 2,765,856 2,931,911 2,441,344 2,463,844 0.92%
Total Revenues $ 11,691,171 $ 10,909,434 $ 7,096,537 $ 7,353,496 3.62%
Expenditures
Professional & Technical Services $ 108,901 $ 141,227 $ - $ - 0%
City Support Services 7,744 7,413 - - 0%
Debt Repayment 10,214,534 7,379,987 7,598,497 7,048,159 -7.24%
Other Financing Uses 3,681,898 3,076,000 - - 0%
Total Expenditures $ 14,013,077 $ 10,604,627 $ 7,598,497 $ 7,048,159 -7.24%
Excess (deficiency) of revenues over
expenditures 2,321,906 (304,807) 501,960 (305,337) -160.83%
Debt Service funds finanace and account for the payment of interest and principal on all general obligation
debt other than debt issued for an enterprise fund.
In January 2014 the City's credit
rating was upgraded to a AA+
following an interium rating
review. This rating has been
reaffirmed each year since.
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CITY OF HOPKINS
GLOSSARY OF TERMS
Accrual Basis – The basis of accounting under which revenues are recorded when earned and
expenditures are recorded as soon as they result in liabilities for benefits received, notwithstanding
that the receipt of cash or the payment of cash may take place, in whole or in part, in another
accounting period.
Adopted Budget – The financial plan of revenues and expenditures for a fiscal year as adopted by
the City Council.
Appropriation – A specific amount of money authorized by the City Council, generally
during adoption of the annual budget, used to make expenditures for specific purposes.
Ad Valorem Tax – Money collected from all the real property within the City based upon the value
of the property.
Annual Budget – The budget authorized by resolution of the City Council for the fiscal year.
Appropriation – Authorization by the City Council to incur obligations and spend City funds.
Appropriations are usually made for fixed amounts and are typically granted for one year.
Artstreet - Hopkins Artstreet is an ongoing program established in 2010 to showcase original art
works in an accessible setting. A collaboration among the City of Hopkins, the Hopkins Business &
Civic Association and the Friends of the Hopkins Center for the Arts, this project is part of a long-
term vision for incorporating public art into Hopkins and enriching the lives of its residents and
visitors. This project is made possible, in part, by funds provided by the Metropolitan Regional Arts
Council through an appropriation by the Minnesota Legislature.
Assets – Property owned by a government which as a monetary value.
Assessed Valuation – A value established by the City Property Appraiser for all real or personal
property for use as a basis for levying property taxes.
Balanced Budget – A budget in which expenditures are equal to income.
Bond – A written promise to pay a sum of money on a specific date at a specified interest rate
as detailed in a bond resolution.
Bond Proceeds – Funds received from the sale of any bond issue.
Budget – The financial plan for a specific period of time that identified proposed expenditures
and the sources of revenue to pay for them.
Budget Adjustment – A revision to the adopted budget occurring during the affected fiscal year
as approved by the City Council by an amendment or a transfer.
Budget Documents – The official written statement prepared by the Finance Director
and supporting staff, which presents the proposed budget to the legislative body.
Budget Calendar – The schedule of key dates involved in the process of adopting and
executing an adopted budget.
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CITY OF HOPKINS
Budget Message – The opening section of the budget which provides the City Council and the
public with a general summary of the most important aspects of the budget, changes from the
current and previous fiscal years, as well as the views and recommendations of the City Manager.
CDBG Community Development Block Grant – This fund receives and expends the City’s
allocation of the Federal Community Development Block Grant Program money.
Capital Asset – Assets of significant value and having a useful life of several years. Capital
assets are also called fixed assets.
Capital Improvement Program (CIP) – A five year schedule of capital improvement projects and
the means of financing them. This is a flexible budget document that is used as a planning tool for
needed improvements. Amounts approved in the CIP are considered guidelines and are not
officially adopted as budgeted amounts until they are incorporated in the operating budget of one
of the City’s funds.
Capital Outlay – Expenditures that result in the acquisition of fixed assets that have a value over
$5,000 and a useful life greater than one year.
Capital Project Funds – The funds that account for all resources unused for the acquisition
or construction of capital facilities, except those financed by Proprietary Funds.
Certified Levy – Total tax levy of a jurisdiction, which is certified to the County Auditor.
CERT – Community Emergency Response Team. The CERT Program consists of a group of
volunteers who have been trained to assist with basic disaster response such as fire safety,
light search and rescue, team organization and disaster medical operations.
Contingency – A budgetary reserve set aside for emergencies or unforeseen expenditures.
Contractual Services – The cost of items related to a contractual agreement. Examples would be
professional services such as legal, engineering, actuarial and consultants.
Court Fines and Forfeits – Fines imposed on individuals by the courts for various illegal
acts performed within the City.
Debt Service Funds – the funds that account for the payment of principal and interest
on outstanding debt for the City.
Deficit – The excess of expenditures over revenues.
Department – Basic organizational unit of City government, responsible for carrying out a specific
function.
Depreciation – Expenditures incurred when spreading the cost of an asset over its
estimated useful like rather than deducting the entire cost in the year the asset is purchased.
Enterprise Fund – The funds that account for the financing of self-supporting activities
of governmental units and render services to the general public based on user charges.
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CITY OF HOPKINS
Estimated Market Value – Represents the selling price of a property if it were on the
market. Estimated market value is converted to tax capacity before property taxes are levied.
Expenditure – Decreases in financial resources other than through interfund transfers.
Fiscal Disparities – The program created by the Metropolitan Fiscal Disparities Act which
shares growth in the commercial-industrial tax base in the seven county metropolitan area. Forty
percent of the value of new commercial-industrial development since 1971 is pooled and
redistributed among the 300 taxing districts to address uneven business development throughout
the region.
Fiscal Year – For budgeting purposes the City’s fiscal year is the calendar year.
Fixed Asset – Purchases of a long-term nature, which are to be held and used. Examples would
be land, buildings, machinery, furniture and equipment.
FTE – Equivalent of one employee working fulltime, or 2.080 hours per year. A FTE can be filled
by any number of employees whose combined hours total 2,080 per year.
Fund – A separate accounting entity, with a set of self-balancing accounts for recording
the collection of revenues and the payment of expenditures to carry out a specific function.
Fund Balance – Fund Balance is the difference between assets and liabilities in governmental
funds (i.e. general fund, special revenue funds, capital project funds, debt service funds and
permanent funds).
Non-spendable Fund Balance – Describes the amount of a fund balance that cannot
be spent because it is either not in spendable form or there is a legal or contractual
requirement for the funds to remain intact.
Spendable Fund Balance – Describes the amount of fund balance that is available for
appropriation based on the constraints that control how specific amounts can be spent.
Typically, a significant portion of a government’s spendable resources can be spent only for
specified purposes. The following categories define the revenue source and the level of
force of the constraint on spending
Restricted Fund Balance – The restricted fund balance category includes the
portion of the spendable fund balance that reflects constraints on spending
because of legal restrictions stipulated by outside parties (e.g., encumbrances for
goods or services with outside parties-creditors, grantors outstanding at the end of
the year), Also, any legal restrictions based on state statutes or grant requirements
placed on the use for specific purposes
Committed Fund Balance – The committed fund balance classification includes
the portion of the spendable fund balance that reflects constraints that the city has
imposed upon itself by a formal action of the city council (for example, an
ordinance or resolution passed by a city council). This constraint must be imposed
prior to year end but the amount can be determined at a later date.
Assigned Fund Balance – The assigned fund balance is the portion of the
spendable fund balance that reflects funds intended to be used by the government
for specific purposes assigned by more informal operational plans. In governmental
funds other than the general fund (special revenue funds, capital project funds, debt
service funds and permanent funds); assigned fund balance represents the amount
that is not restricted or limited.
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Unassigned – This is the residual classification for the government’s General Fund
and includes all spendable amounts not contained in the other classifications and,
therefore, not subject to any constraints. Unassigned amounts are available for any
purpose.
GASB (Governmental Accounting Standards Board) – It is the highest source of
accounting and financial reporting guidance for state and local governments.
General Fund – The largest fund in the City, the General Fund accounts for most of the City’s
financial resources. General Fund revenues include: property taxes, licenses and permits, local
taxes, service charges and other types of revenues. This is the fund that accounts for the
revenues and expenditures necessary to deliver basic operating services: police, fire, finance,
parks, public works, etc.
General Obligation Bonds – When a government pledges its full faith and credit to the
repayment of the bonds it issues, then those bonds are general obligation (GO) bonds. Sometimes
the term is also used to refer to bonds with are to be repaid from taxes and other general
revenues.
GFOA (Government Finance Officers Association) – the professional association of state
and local finance officers in the United States who are dedicated to the sound management of
government financial resources. The association sets program standards for the GFOA’s
Certificate of Achievement for Excellence in Financial Reporting and the Distinguished Budget
Award.
Governmental Funds – The General Fund, Special Revenue Funds, Debt Service Funds
and Capital Project Funds.
HBCA – Hopkins Business and Civic Association, ensures a strong economic development
climate, provides promotional activities, encourages community involvement and fosters a sense
of community among individuals, civic organizations and businesses
Hopkins in Motion – This annual event focuses on the walkability/ livability of Hopkins and
encourages participants to be active while having fun.
Indirectly Funded Amount – The portion of appropriates not funded by program revenues such
as fees and grants. This portion is funded from shared revenues such as property tax,
governmental revenues or a city-wide fee not directly attributed to any one program.
Interest Earnings – Interest received from the investment of cash in a fund.
Intergovernmental Revenues – Funds received from State or Federal governments in the form
of grants or shared revenues for various activities.
Internal Service Funds – The funds within the Proprietary Fund that account for the financing
of goods or services provided by one department or agency to other departments or agencies of
a government.
IT – Information Technology Department of the city. This department provides computer
technology support to all city departments.
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Levy – To impose taxes, special assessments or service charges.
Licenses – Revenues received by the issuance of various licenses that are granted to various
businesses in the City.
Local Government Aid (LGA) – Money given to the City from the State based on a formula that
was originally designed to provide tax relief and equalization among cities.
LMC – The League of Minnesota Cities is a membership organization dedicated to
promoting excellence in local government. The League serves its more than 800 member
cities through advocacy, education and training, policy development, risk management, and
other services.
LRT – Light Rail Transit, a commuter train system in the Minneapolis/St. Paul metropolitan area.
Major Account Series – Three classifications of expenditures made by the City.
Salaries, Wages and Benefits – Costs relating to employees or temporary help,
including fringe benefits.
Materials, Supplies and Services – Costs relating to articles of non-durable nature,
such as office supplies; professional and technical services; utilities and maintenance;
operations and city support services.
Capital Outlay – Costs of durable goods such as furniture and equipment.
Reimbursed Expenditures – Offset against costs for services provided by one fund
to another fund.
Major Fund – Governmental fund or enterprise fund reported as a separate column in the
basic fund financial statements and subject to a separate opinion in the independent auditor’s
report.
Market Value Homestead Credit (MVHC) – Started in 2002, this is the primary State program for
property tax relief. The State remits a portion of sales and income taxes to local government to
assist in keeping property taxes down.
MCES – Metropolitan Council Environmental Services provides the City with wastewater service.
Miscellaneous Revenue – Funds collected from various sources generally on a non-recurring
basis.
Modified Accrual Basis – Under the modified accrual basis of accounting, revenues are
recognized in the period in which they become available and measurable, and expenditures are
recognized at the time a liability is incurred pursuant to appropriation authority.
Net Assets – The equity associated with general government less liabilities.
Non-major Fund – A governmental fund or enterprise fund that is reported in total in the
basic fund financial statements.
Operating Expenditure – Expenditure classifications based upon the types of categories of
goods and services purchased. Typical objects include: personal services (salaries and wages);
contracted services (utilities, maintenance, contracts, travel); supplied and materials; and capital
outlay.
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Operating Budget – Financial plan for the fiscal year, which authorizes proposed
personnel complements, expenditures and the revenues to finance them.
Penalties – Charges to utility customers caused by late payment of their water, sewer, and
refuse bills.
Permits – Revenue derived from various permits as defined in the City Code, for the performance
of a specific action. For example, building a house.
Personal Services – The cost of salaries and wages paid to employees as well as the fringe
benefits associated with employment (i.e. Social Security, PERA, health insurance, life
insurance, etc.).
Program – Within each Department are several divisions or programs in the City, each
charged with carrying out a specific function.
Proposed Budget – Budget as submitted by the City Manager to the City Council.
Proprietary Funds – The funds that account for government operations financed and operated
in a manner similar to a private business.
Refuse Service – Revenue incurred from the sale of trash pick-up and disposal, leaf pick-up,
yard waste and recycling to residential customers of the City.
Retained Earnings – An equity account reflecting the accumulated earnings of the City’s
Proprietary (Enterprise) Funds.
Sewer Service – Revenue incurred from the sale of sanitary sewer service to customers of
the utility.
Special Assessment – Receipts from assessments placed on property within the City for
public improvements that have benefited that property.
Special Revenue Funds – A fund that accounts for revenues derived from specific taxes or
other earmarked revenue sources.
Storm Sewer Sales – Revenue derived from a storm sewer utility fee assessed property owners
based on the amount of impervious surface on their property. Revenues are used to maintain and
improve the City’s storm sewer system.
SWLRT – Southwest Light Rail Transit. A commuter train system in the Southwest area of the
Minneapolis/St. Paul metropolitan area.
Tax Capacity – County tax base for the purposes of levying property taxes. Properties are
assigned rates at which their values will be converted into the tax base, (see tax
classification rate).
Tax Capacity Rate – Tax rate applied to tax capacity to generate property tax revenue. The rate
is obtained by dividing the property tax levy by the available tax capacity.
Tax Classification Rate – Rates at which estimated market values are converted into the property
tax base. The classification rates are assigned to properties depending on their type.
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Tax Increment Financing – Financing tool originally intended to combat severe blight in areas
which would not be redeveloped “but for” the availability of government subsidies derived from
locally generated property tax revenues.
Tax Increments – The value of local taxes collected on a redeveloped or developed property,
above the base year taxes.
TIF – An abbreviation for Tax Increment Financing.
TOD – Transit Orientated Development. A term used to describe development surrounding Light
Rail Transit.
Transfers – Funds transferred between City funds.
Truth-in-Taxation – Procedures adopted by the 1998 Minnesota Legislature intended to improve
accountability in the adoption of the budget and property tax levy of local governments. These
procedures are revised annually.
Truth-in-Taxation Public Hearing – Statutory requirement for most local governments to hold
public hearings on their proposed budgets and property tax levies.
Water Sales – Revenue earned from the sale of water to customers of the utility.
Working Capital – Current assets minus current liabilities. This measure is used as a gauge in
determining appropriate fund balances.
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