VII.2. Review 2025-2029 Capital Improvement and Equipment Replacement Plans; Bishop
CITY OF HOPKINS
Memorandum
To: Honorable Mayor and Council Members
Mike Mornson, City Manager
From: Nick Bishop, Finance Director
Date: August 5, 2024
Subject: Review 2025 – 2029 Capital Improvement & Equipment Replacement
Plans
_____________________________________________________________________
PURPOSE
To provide input and guidance for the 2025 – 2029 Capital Improvement & Equipment
Replacement Plans (focusing on 2025 and 2026).
INFORMATION
The City Council reviewed draft proposals for the 2025 General Fund Budget and Tax
Levy on July 16th. The three proposals presented were for an 8.46%, 6.88% and 5.26%
levy increase when compared to 2024. City Council gave input and indicated their
support for a 5.26% or lesser increase. Council also indicated interest in including some
items that had been proposed as reductions.
The 2025-2026 projected cash flows on pages two through six include all the proposed
reductions included in the 5.26% levy increase. Projects requested for 2025 were
reviewed and deferred when possible. The projects are still needed and would be
included as projects for 2026 or later.
SUPPORTING INFORMATION
• 2025-2026 Projected Cash Flows
• 2025-2029 Capital Improvement Plan Summary
• 2025-2029 Equipment Replacement Plan Summary
Finance Department
Capital Improvement Fund
This fund accounts for capital improvements at the Activity Center, City Hall/Police
Station, Fire Station, Public Works Building, Parking Ramp and portions of the Arts
Center. Its two funding sources are franchise fees from gas and electric utilities and a
property tax levy.
In 2025, the Capital Improvement Fund has projected revenues of $809,198 and
projected expenditures of $996,500. The fund is projected to decrease its fund balance
by $202,864 and end 2025 with a fund balance of $66,895.
2025 2026
Beginning Fund Balance 269,759 66,895
Revenues & Other Financing Sources
Tax Levy 445,000 250,000
Franchise Fees 361,500 361,500
Interest Earnings 2,698 669
Total Revenue & Other Financing Sources 809,198 612,169
Expenditures & Other Financing Uses
Current Expenditures - -
Capital Projects
Activity Center - Tuckpointing & Brick Repair 120,000 -
Activity Center - Roof Replacement & Flashing 250,000 -
Depot - Remodel and Upgrade 32,062 -
City Wide - Door Access Controls 225,000 -
Parking Ramp - Security Cameras 25,000 -
Activity Center - Gender Neutral Bathroom - 40,000
Activity Center - Gynmasium Floor - 25,000
City Hall - Council Chamber HVAC Unit - 18,000
City Hall/Police Station - Roof Replacement - 140,000
Debt Service Transfers - City Hall 360,000 360,000
Total Expenditures and Other Financing Sources 1,012,062 583,000
Increase (Decrease) in Fund Balance (202,864) 29,169
Projected Ending Fund Balance 66,895 96,064
Capital Improvement Fund - Projected Cash Flows
Permanent Improvement Revolving Fund
The Permanent Improvement Revolving Fund is used to account for street
improvements, which can include streets, walkways, trails, traffic signs, traffic signals,
vehicular parking and street lighting. The primary funding sources are debt and special
assessments. Previous projects have received grants or funding from other
governmental entities.
On May 7, 2024, City Council approved the preparation of a Project Scoping Study for
Central Avenue Improvements currently scheduled for 2025 and 2026. The study will
provide multiple scenarios for phasing, contracts, and timing to complete the project.
The results of the study will be presented to City Council on September 3rd. Staff will
make adjustment to the CIP based on the input received at that meeting.
Projects related to street lighting upgrades and Mainstreet banner pole installation have
all been delayed to 2026.
The fund is projected to increase its fund balance by $15,698 and end 2025 with a fund
balance of $285,457.
2025 2026
Beginning Fund Balance 269,759 285,457
Revenues & Other Financing Sources
Tax Levy 50,000 420,000
Special Assessments (Prepaid)120,000 120,000
Interest Earnings 2,698 2,855
Bond Proceeds 4,130,000 4,080,000
Total Revenue & Other Financing Sources 4,302,698 4,622,855
Expenditures & Other Financing Uses
Capital Projects
Central Avenues 3,640,000 3,640,000
Pedestrian & Bicycle Access Improvements 100,000 27,500
Street Rehabilitation (Mill & Overlay)475,000 500,000
Street Sign Management 22,000 24,000
Street Lighting Upgrades - 200,000
Central Business District Lighting Upgrades - 40,000
Mainstreet Banner Pole Installation - 130,000
Excelsior Fencing 50,000 50,000
Total Expenditures and Other Financing Sources 4,287,000 4,611,500
Increase (Decrease) in Fund Balance 15,698 11,355
Projected Ending Fund Balance 285,457 296,812
Permanent Improvement Revolving - Projected Cash Flows
Equipment Replacement Fund
This fund accounts for the purchase of machinery and equipment. The two sources of
revenue are a tax levy and equipment charges. Equipment charges are billed to various
City departments and are over 99% in the General Fund. Equipment replacement has
also been accomplished through the issuance of equipment certificates (debt).
In 2025, the Equipment Replacement Fund has projected revenues of $1,097,601,
including a tax levy of $250,000. The projected expenditures are $1,659,495. The most
significant purchase in 2024 was a Police Records Management System for $500,000,
which came in $350,000 under budget.
The fund is projected to decrease its net position by $561,894 and end 2025 with a net
position of $929,427.
2025 2026
Beginning Fund Balance 1,491,321 929,427
Revenues & Other Financing Sources
Tax Levy 250,000 250,000
Equipment Charges 797,688 845,549
Sale of Equipment 35,000 35,000
Interest Earnings 14,913 9,294
Total Revenue & Other Financing Sources 1,097,601 1,139,843
Expenditures & Other Financing Uses
Current Expenditures 35,000 35,000
Capital Projects
Community Services - Activity Center - 6,700
Community Services - Information Technology 439,324 509,688
Community Services - Inspections 16,231 -
Fire Vehicles & Equipment 900,300 45,000
Police Vehicles & Equipment 268,640 251,640
Public Works: Building/Equipment Services - 40,000
Public Works: Streets/Traffic - 136,400
Total Expenditures and Other Financing Sources 1,659,495 1,024,428
Increase (Decrease) in Fund Balance (561,894) 115,415
Projected Ending Fund Balance 929,427 1,044,842
Equipment Replacement Fund - Projected Cash Flows
Park Improvement Fund
The main sources of revenue for park improvements are franchise fees and park
dedication fees. The City will receive approximately $355,000 in gas and electric
franchise fees annually. The fee can be used for any purpose. Park dedication fees are
received from developers as land is platted for development. They can provide a
significant source of revenue for the fund but are also uncertain and outside the direct
control of the City. Their use is limited to acquisition, development or improvement
activities.
The City is currently completing a Central Park Master Plan. The estimated costs for the
Central Park Renovation is $2,000,000. Due to the uncertainty of park dedication fees
the proposed funding source for the project is bond proceeds.
In 2024, the Park Improvement Fund has projected revenues of $2,362,618 and
projected expenditures of $2,361,600. The fund is projected to increase its fund balance
by $1,018 and end 2025 with a fund balance of $762,806.
2025 2026
Projected Beginning Fund Balance
Restricted for Park Dedication Costs 376,100 376,100
Committed for Park Improvements & Maintenance 385,688 386,706
Total Projected Begining Fund Balance 761,788 762,806
Revenues & Other Financing Sources
Franchise Fees 355,000 355,000
Park Dedication Fees - 1,700,000
Interest Earnings 7,618 7,628
Bond Proceeds 2,000,000 -
Total Revenue & Other Financing Sources 2,362,618 2,062,628
Expenditures & Other Financing Uses
Current Expenditures 15,000 15,000
Capital Projects
Shady Oak Beach Improvements 6,600 3,300
Central Park Tennis Courts 220,000 -
Central Park Renovation 2,000,000 -
Repair Valley Park Volleyball Court - 80,000
Repair Burnes Park Tennis Court - 130,000
Downtown Park Stage - Electric - 25,000
Valley Park Basketball Court - 60,000
Debt Service Transfers
Cottageville Park Bonds 120,000 120,000
Total Expenditures and Other Financing Sources 2,361,600 433,300
Increase (Decrease) in Fund Balance 1,018 1,629,328
Projected Ending Fund Balance
Restricted for Park Dedication Costs 376,100 2,076,100
Committed for Park Improvements & Maintenance 386,706 316,034
Total Projected Ending Fund Balance 762,806 2,392,134
Park Improvement Fund - Projected Cash Flows
Pavilion Requests
The Pavilion Fund requests total $102,500 for items in need of replacement. The
Pavilion Fund budget is currently being completed. The operating budget may not be
able to fund these projects. Staff is proposing tax levy as a funding source.
Project 2025 2026
Exit Door Replacement 92,500 75,000
Scissor Lift 10,000 -
Roof Replacement - 100,000
Warmind House Window Blinds - 14,000
Floor Scrubber - 16,000
Total Projects Requested 102,500 205,000
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan (Draft)
Hopkins, MN CIP
Department Summary
Department 2025 2026 2027 2028 2029 Total
Administration 225,000 225,000
City Hall Administration 158,000 60,000 850,000 1,068,000
Comm Svcs - Activity Center 380,000 65,000 445,000
Comm Svcs - Arts Center 116,000 135,000 833,000 105,000 1,189,000
Depot/ACE Program 45,262 45,262
Fire 550,000 159,000 709,000
Pavilion 92,500 189,000 92,500 9,500 383,500
Public Works: Bldg/Equip Serv 90,000 1,705,000 1,795,000
Public Works: Parks 2,220,000 295,000 4,740,000 4,500,000 11,755,000
Public Works: Streets/Traffic 6,837,000 7,136,500 10,066,000 8,206,500 11,182,900 43,428,900
Public Works: Utilities 843,000 374,000 5,105,000 132,500 120,000 6,574,500
Recreation 20,000 10,000 10,000 10,000 10,000 60,000
GRAND TOTAL 10,778,762 8,362,500 21,546,500 15,509,000 11,481,400 67,678,162
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan (Draft)
Hopkins, MN CIP
Projects By Department
Department Project #2025 2026 2027 2028 2029 Total
Administration
City Wide Door Access Controls *67NV5XJ5 225,000 225,000
Administration Total 225,000 0 0 0 0 225,000
City Hall Administration
Council Chambers HVAC Unit *09-CIP-CH032 18,000 18,000
City Hall AC Rooftop Units *09-CIP-CH035 60,000 60,000
City Hall/Police Station - Roof Replacement *23-CIP-CH038 140,000 850,000 990,000
City Hall Administration Total 0 158,000 60,000 850,000 0 1,068,000
Comm Svcs - Activity Center
Activity Center - Tuckpointing & Repair of Brick *22-CIP-AC052 120,000 120,000
Activity Center - Roof Replacement & Flashing *23-CIP-AC053 250,000 250,000
Activity Center - Gender Neutral Bathroom *3EU00KG0 10,000 40,000 50,000
Activity Center - Gymnasium Floor *NRV861M2 25,000 25,000
Comm Svcs - Activity Center Total 380,000 65,000 0 0 0 445,000
Comm Svcs - Arts Center
Arts Center - Paint Theatre *14-CIP-AR003 28,000 28,000
Arts Center - Theater Curtains *17-CIP-AR004 80,000 80,000
Arts Center - Outdoor Signage/lighting *19-CIP-AR002 25,000 25,000 50,000
Arts Center - Access/Lockdown System *19-CIP-AR005 50,000 30,000 30,000 110,000
Arts Center - Roof Replacement *19-CIP-AR007 750,000 750,000
Arts Center - Restroom Remodel *RBPBUX03 105,000 105,000
Arts Center - Main Theater Stage Floor
Replacement
*KTW0RFEY 15,000 15,000
Arts Center - Main Theater Lighting Upgrades *HRVXAKHG 20,000 20,000
Arts Center JC Studio Sound System & Projection *D0VECJ15 31,000 31,000
Comm Svcs - Arts Center Total 116,000 135,000 833,000 105,000 0 1,189,000
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Depot/ACE Program
Depot Remodel and Upgrade Project *24-CIP-DP001 45,262 45,262
Depot/ACE Program Total 45,262 0 0 0 0 45,262
Fire
Fire Station - Replace Make-up Air Units *08-CIP-B122 14,000 14,000
Fire Station - Replace overhead doors *08-CIP-B124 145,000 145,000
Fire - Replace Roof *08-CIP-B125 550,000 550,000
Fire Total 0 0 550,000 0 159,000 709,000
Pavilion
Pavilion Team Room HVAC Unit *16-CIP-PV329 9,500 9,500
Pavilion - Roof Replacement *23-CIP-PV336 100,000 100,000
Pavilion - Bleacher Heating Replacement *23-CIP-PV337 75,000 75,000
Pavilion - Warming House Window Blinds *23-CIP-PV339 14,000 14,000
Pavilion - Arena Exit Door Replacement *20-CIP-PV334 92,500 75,000 17,500 185,000
Pavilion Total 92,500 189,000 92,500 0 9,500 383,500
Public Works: Bldg/Equip Serv
Public Works - Replace Roofing *08-CIP-B022 1,600,000 1,600,000
Public Works - Replace Overhead Doors *08-CIP-B023 90,000 90,000
907 Mainstreet (HHS) Windows & Front/Back
Door
*21-CIP-B101 105,000 105,000
Public Works: Bldg/Equip Serv Total 0 0 90,000 1,705,000 0 1,795,000
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Public Works: Parks
Repair Valley Park Volleyball Court *21-CIP-P073 80,000 80,000
Repair Burnes Park Tennis Courts *21-CIP-P074 130,000 130,000
Repair Play Courts- Elmo & Park Valley *21-CIP-P075 90,000 90,000
Central Park Renovation *23-CIP-P076 2,000,000 2,000,000
Downtown Park Stage - Electric *B7SNX9QP 25,000 25,000
Maetzold Field Lighting *KV4Z8GBX 150,000 150,000
Valley Park Basketball Court *BAWHYO59 60,000 60,000
Central Park Tennis Courts *JUUBC1XK 220,000 220,000
Oakes & Valley Parks Recreation & Resilience
Hubs
*T62NVYWR 4,500,000 4,500,000 9,000,000
Public Works: Parks Total 2,220,000 295,000 4,740,000 4,500,000 0 11,755,000
Public Works: Streets/Traffic
County Road 3 *01-CIP-S104 2,300,000 2,300,000
Residential Street Improvements and Utilities *01-CIP-S101 6,165,000 6,165,000 7,298,000 7,662,900 27,290,900
Pedestrian & Bicycle Access Improvements *13-CIP-S040 100,000 27,500 30,000 32,500 35,000 225,000
Street Rehabilitation Improvements *16-CIP-S041 475,000 500,000 550,000 575,000 600,000 2,700,000
Street Sign Management *16-CIP-S042 22,000 24,000 26,000 26,000 98,000
Central Business District Lighting Upgrades *20-CIP-S001 40,000 40,000
City Street Lighting Upgrades *20-CIP-S002 200,000 90,000 225,000 535,000 1,050,000
Minnetonka Mills/5th St N Intersection
Improvement
*20-CIP-S005 600,000 600,000
Excelsrior Blvd. Fencing *23-CIP-S008 50,000 50,000 50,000 50,000 50,000 250,000
Mainstreet Banner Pole Installation *23-CIP-S007 130,000 120,000 250,000
Parking Ramp Cameras *B3V141ZB 25,000 25,000
17th Ave Reconstruction *N67XYX30 8,600,000 8,600,000
Public Works: Streets/Traffic Total 6,837,000 7,136,500 10,066,000 8,206,500 11,182,900 43,428,900
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Public Works: Utilities
Storm Drainage System Maintenance - Alley
Repairs
*01-CIP-U002 28,000 29,000 30,000 32,500 35,000 154,500
Sewer Lining *18-CIP-U016 65,000 75,000 75,000 80,000 85,000 380,000
Trunk Utility Rehabilitation *19-CIP-U017 5,000,000 5,000,000
Water Treatment Plant - Roof Replacement *23-CIP-U018 270,000 20,000 290,000
SCADA Fiber Project *23-CIP-U022 400,000 400,000
Well #6 Emergency Generator *MK37Y67L 350,000 350,000
Public Works: Utilities Total 843,000 374,000 5,105,000 132,500 120,000 6,574,500
Recreation
Shady Oak Beach Improvements *16-CIP-R003 20,000 10,000 10,000 10,000 10,000 60,000
Recreation Total 20,000 10,000 10,000 10,000 10,000 60,000
GRAND TOTAL 10,778,762 8,362,500 21,546,500 15,509,000 11,481,400 67,678,162
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan (Draft)
Hopkins, MN CIP
Funding Source Summary
Source 2025 2026 2027 2028 2029 Total
AC - Arts Center Fund 116,000 135,000 83,000 105,000 439,000
CI - Capital Improvement Fund 652,062 223,000 1,378,000 1,755,000 159,000 4,167,062
CR - Current Revenues - Tax Levy 50,000 420,000 260,000 275,000 585,000 1,590,000
GA - Grant-In-Aid 2,250,000 2,250,000 4,500,000
GU - Other Governmental Units 26,600 6,700 6,700 6,700 1,606,700 1,653,400
MS - Municipal State Aid Streets 3,790,000 700,000 4,490,000
OP - Operating Budget 10,000 10,000
PA - Pavilion Fund 92,500 189,000 92,500 9,500 383,500
PDF- Park Dedication Fund 2,226,600 298,300 2,493,300 2,253,300 3,300 7,274,800
PI - PIR/General Obligation Bonds 3,637,000 3,591,500 3,026,000 4,913,500 5,129,000 20,297,000
RF - Refuse Fund 18,000 50,000 68,000
SA - Special Assessment 600,000 600,000 780,000 650,000 682,500 3,312,500
SF - Sanitary Sewer Fund 1,355,000 1,165,000 693,000 1,980,000 1,817,500 7,010,500
SU - Storm Sewer Fund 273,000 274,000 558,000 822,500 602,000 2,529,500
WF - Water Fund 1,740,000 1,460,000 6,118,000 448,000 186,900 9,952,900
GRAND TOTAL 10,778,762 8,362,500 21,546,500 15,509,000 11,481,400 67,678,162
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan (Draft)
Hopkins, MN CIP
Projects By Funding Source Summary
Source Project #2025 2026 2027 2028 2029 Total
AC - Arts Center Fund
Arts Center - Paint Theatre *14-CIP-AR003 28,000 28,000
Arts Center - Theater Curtains *17-CIP-AR004 80,000 80,000
Arts Center - Outdoor Signage/lighting *19-CIP-AR002 25,000 25,000 50,000
Arts Center - Access/Lockdown System *19-CIP-AR005 50,000 30,000 30,000 110,000
Arts Center - Restroom Remodel *RBPBUX03 105,000 105,000
Arts Center - Main Theater Stage Floor
Replacement
*KTW0RFEY 15,000 15,000
Arts Center - Main Theater Lighting Upgrades *HRVXAKHG 20,000 20,000
Arts Center JC Studio Sound System & Projection *D0VECJ15 31,000 31,000
AC - Arts Center Fund Total 116,000 135,000 83,000 105,000 0 439,000
CI - Capital Improvement Fund
Public Works - Replace Roofing *08-CIP-B022 800,000 800,000
Public Works - Replace Overhead Doors *08-CIP-B023 18,000 18,000
Fire Station - Replace Make-up Air Units *08-CIP-B122 14,000 14,000
Fire Station - Replace overhead doors *08-CIP-B124 145,000 145,000
Fire - Replace Roof *08-CIP-B125 550,000 550,000
Council Chambers HVAC Unit *09-CIP-CH032 18,000 18,000
City Hall AC Rooftop Units *09-CIP-CH035 60,000 60,000
Arts Center - Roof Replacement *19-CIP-AR007 750,000 750,000
907 Mainstreet (HHS) Windows & Front/Back
Door
*21-CIP-B101 105,000 105,000
Activity Center - Tuckpointing & Repair of Brick *22-CIP-AC052 120,000 120,000
Activity Center - Roof Replacement & Flashing *23-CIP-AC053 250,000 250,000
City Hall/Police Station - Roof Replacement *23-CIP-CH038 140,000 850,000 990,000
Depot Remodel and Upgrade Project *24-CIP-DP001 32,062 32,062
Activity Center - Gender Neutral Bathroom *3EU00KG0 40,000 40,000
Activity Center - Gymnasium Floor *NRV861M2 25,000 25,000
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
City Wide Door Access Controls *67NV5XJ5 225,000 225,000
Parking Ramp Cameras *B3V141ZB 25,000 25,000
CI - Capital Improvement Fund Total 652,062 223,000 1,378,000 1,755,000 159,000 4,167,062
CR - Current Revenues - Tax Levy
Central Business District Lighting Upgrades *20-CIP-S001 40,000 40,000
City Street Lighting Upgrades *20-CIP-S002 200,000 90,000 225,000 535,000 1,050,000
Excelsrior Blvd. Fencing *23-CIP-S008 50,000 50,000 50,000 50,000 50,000 250,000
Mainstreet Banner Pole Installation *23-CIP-S007 130,000 120,000 250,000
CR - Current Revenues - Tax Levy Total 50,000 420,000 260,000 275,000 585,000 1,590,000
GA - Grant-In-Aid
Oakes & Valley Parks Recreation & Resilience
Hubs
*T62NVYWR 2,250,000 2,250,000 4,500,000
GA - Grant-In-Aid Total 0 0 2,250,000 2,250,000 0 4,500,000
GU - Other Governmental Units
County Road 3 *01-CIP-S104 1,600,000 1,600,000
Shady Oak Beach Improvements *16-CIP-R003 13,400 6,700 6,700 6,700 6,700 40,200
Depot Remodel and Upgrade Project *24-CIP-DP001 13,200 13,200
GU - Other Governmental Units Total 26,600 6,700 6,700 6,700 1,606,700 1,653,400
MS - Municipal State Aid Streets
County Road 3 *01-CIP-S104 700,000 700,000
17th Ave Reconstruction *N67XYX30 3,790,000 3,790,000
MS - Municipal State Aid Streets Total 0 0 3,790,000 0 700,000 4,490,000
OP - Operating Budget
Activity Center - Gender Neutral Bathroom *3EU00KG0 10,000 10,000
OP - Operating Budget Total 10,000 0 0 0 0 10,000
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
PA - Pavilion Fund
Pavilion Team Room HVAC Unit *16-CIP-PV329 9,500 9,500
Pavilion - Roof Replacement *23-CIP-PV336 100,000 100,000
Pavilion - Bleacher Heating Replacement *23-CIP-PV337 75,000 75,000
Pavilion - Warming House Window Blinds *23-CIP-PV339 14,000 14,000
Pavilion - Arena Exit Door Replacement *20-CIP-PV334 92,500 75,000 17,500 185,000
PA - Pavilion Fund Total 92,500 189,000 92,500 0 9,500 383,500
PDF- Park Dedication Fund
Repair Valley Park Volleyball Court *21-CIP-P073 80,000 80,000
Repair Burnes Park Tennis Courts *21-CIP-P074 130,000 130,000
Repair Play Courts- Elmo & Park Valley *21-CIP-P075 90,000 90,000
Central Park Renovation *23-CIP-P076 2,000,000 2,000,000
Shady Oak Beach Improvements *16-CIP-R003 6,600 3,300 3,300 3,300 3,300 19,800
Downtown Park Stage - Electric *B7SNX9QP 25,000 25,000
Maetzold Field Lighting *KV4Z8GBX 150,000 150,000
Valley Park Basketball Court *BAWHYO59 60,000 60,000
Central Park Tennis Courts *JUUBC1XK 220,000 220,000
Oakes & Valley Parks Recreation & Resilience
Hubs
*T62NVYWR 2,250,000 2,250,000 4,500,000
PDF- Park Dedication Fund Total 2,226,600 298,300 2,493,300 2,253,300 3,300 7,274,800
PI - PIR/General Obligation Bonds
Residential Street Improvements and Utilities *01-CIP-S101 3,040,000 3,040,000 4,280,000 4,494,000 14,854,000
Pedestrian & Bicycle Access Improvements *13-CIP-S040 100,000 27,500 30,000 32,500 35,000 225,000
Street Rehabilitation Improvements *16-CIP-S041 475,000 500,000 550,000 575,000 600,000 2,700,000
Street Sign Management *16-CIP-S042 22,000 24,000 26,000 26,000 98,000
Minnetonka Mills/5th St N Intersection
Improvement
*20-CIP-S005 590,000 590,000
17th Ave Reconstruction *N67XYX30 1,830,000 1,830,000
PI - PIR/General Obligation Bonds Total 3,637,000 3,591,500 3,026,000 4,913,500 5,129,000 20,297,000
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
RF - Refuse Fund
Public Works - Replace Roofing *08-CIP-B022 50,000 50,000
Public Works - Replace Overhead Doors *08-CIP-B023 18,000 18,000
RF - Refuse Fund Total 0 0 18,000 50,000 0 68,000
SA - Special Assessment
Residential Street Improvements and Utilities *01-CIP-S101 600,000 600,000 650,000 682,500 2,532,500
17th Ave Reconstruction *N67XYX30 780,000 780,000
SA - Special Assessment Total 600,000 600,000 780,000 650,000 682,500 3,312,500
SF - Sanitary Sewer Fund
Residential Street Improvements and Utilities *01-CIP-S101 1,090,000 1,090,000 1,650,000 1,732,500 5,562,500
Public Works - Replace Roofing *08-CIP-B022 250,000 250,000
Public Works - Replace Overhead Doors *08-CIP-B023 18,000 18,000
Sewer Lining *18-CIP-U016 65,000 75,000 75,000 80,000 85,000 380,000
SCADA Fiber Project *23-CIP-U022 200,000 200,000
17th Ave Reconstruction *N67XYX30 600,000 600,000
SF - Sanitary Sewer Fund Total 1,355,000 1,165,000 693,000 1,980,000 1,817,500 7,010,500
SU - Storm Sewer Fund
Storm Drainage System Maintenance - Alley
Repairs
*01-CIP-U002 28,000 29,000 30,000 32,500 35,000 154,500
Residential Street Improvements and Utilities *01-CIP-S101 245,000 245,000 540,000 567,000 1,597,000
Public Works - Replace Roofing *08-CIP-B022 250,000 250,000
Public Works - Replace Overhead Doors *08-CIP-B023 18,000 18,000
Minnetonka Mills/5th St N Intersection
Improvement
*20-CIP-S005 10,000 10,000
17th Ave Reconstruction *N67XYX30 500,000 500,000
SU - Storm Sewer Fund Total 273,000 274,000 558,000 822,500 602,000 2,529,500
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
WF - Water Fund
Residential Street Improvements and Utilities *01-CIP-S101 1,190,000 1,190,000 178,000 186,900 2,744,900
Public Works - Replace Roofing *08-CIP-B022 250,000 250,000
Public Works - Replace Overhead Doors *08-CIP-B023 18,000 18,000
Trunk Utility Rehabilitation *19-CIP-U017 5,000,000 5,000,000
Water Treatment Plant - Roof Replacement *23-CIP-U018 270,000 20,000 290,000
SCADA Fiber Project *23-CIP-U022 200,000 200,000
Well #6 Emergency Generator *MK37Y67L 350,000 350,000
17th Ave Reconstruction *N67XYX30 1,100,000 1,100,000
WF - Water Fund Total 1,740,000 1,460,000 6,118,000 448,000 186,900 9,952,900
GRAND TOTAL 10,778,762 8,362,500 21,546,500 15,509,000 11,481,400 67,678,162
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan (Draft)
Hopkins, MN ERP
Department Summary
Department 2025 2026 2027 2028 2029 Total
Comm Svcs - Activity Center 6,700 6,700
Comm Svcs - Arts Center 19,300 10,000 16,000 45,300
Comm Svcs - IT 439,324 509,688 260,707 237,841 342,248 1,789,808
Community Services 16,231 14,300 30,531
Fire 900,300 45,000 3,253,300 18,500 36,900 4,254,000
Pavilion 10,000 16,000 173,900 199,900
Police 268,640 251,640 390,390 365,337 397,331 1,673,338
Public Works: Bldg/Equip Serv 40,000 14,143 8,300 62,443
Public Works: Parks/Forestry 469,609 45,600 515,209
Public Works: Streets/Traffic 136,400 338,000 339,700 47,509 861,609
Refuse 350,000 350,000
Sewer 87,000 87,000
Water 160,000 160,000
GRAND TOTAL 1,984,495 1,271,728 4,440,440 1,461,287 877,888 10,035,838
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan (Draft)
Hopkins, MN ERP
Projects By Department
Department Project #2025 2026 2027 2028 2029 Total
Comm Svcs - Activity Center
Activity Center - Floor Scrubber *01-ERP-0035 6,700 6,700
Comm Svcs - Activity Center Total 0 6,700 0 0 0 6,700
Comm Svcs - Arts Center
Art Center Jaycee Studio Audio Visual *01-ERP-1105 16,000 16,000
Art Center Floor Scrubber *01-ERP-1109 10,800 10,800
Art Center Lobby Public Announcement
Equipment
*01-ERP-1114 10,000 10,000
Art Center Theater Presentation Microphones *01-ERP-1108 8,500 8,500
Comm Svcs - Arts Center Total 0 19,300 10,000 16,000 0 45,300
Comm Svcs - IT
CH - Network Server *01-ERP-0003 27,849 28,684 29,545 30,431 31,344 147,853
Computers *01-ERP-0006 38,686 39,847 41,042 42,273 43,541 205,389
PD - Network Server *01-ERP-0211 27,849 28,684 29,545 30,431 31,344 147,853
Network Infrastructure Upgrade - Fiber *01-ERP-0009 70,000 70,000
Core Network Switch *01-ERP-0012 45,000 45,000
Distribution Network Switches *01-ERP-0014 75,000 75,000
Backup Server *01-ERP-0015 78,808 86,115 164,923
IT - Office 365 *01-ERP-0017 71,680 73,180 74,680 76,180 77,680 373,400
IT - Patching Automation Software *01-ERP-0020 40,000 40,000 40,000 11,255 11,593 142,848
IT - Laptops for Mobile Computer Lab *01-ERP-0021 10,927 11,941 22,868
IT - Windows 10 Enterprise Upgrade *01-ERP-0022 43,260 44,558 45,895 47,271 48,690 229,674
IT - Sandbox Security Appliance *01-ERP-0024 45,000 45,000
Permitting and Licensing Software Upgrade *796DQPWR 120,000 120,000
Comm Svcs - IT Total 439,324 509,688 260,707 237,841 342,248 1,789,808
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Community Services
Document Management Scanner (2)*01-ERP-0008 14,300 14,300
Electronic Inspections Processing *01-ERP-0052 16,231 16,231
Community Services Total 16,231 0 0 14,300 0 30,531
Fire
Fire Pumper (Engine 3)*01-ERP-0101 1,500,000 1,500,000
Ladder #7 *01-ERP-0100 1,700,000 1,700,000
Self Contained Breathing Apparatus (SCBA) (45)*01-ERP-0108 400,000 400,000
Extrication Tool (1)*01-ERP-0109 36,900 36,900
Thermal Imaging Camera (2)*01-ERP-0112 18,600 20,000 38,600
Emergency Preparedness Sirens *01-ERP-0113 45,000 45,000
Floor Scrubber *01-ERP-0114 25,500 25,500
Workout Equipment - Treadmill *01-ERP-0116 7,800 7,800
Workout Equipment - Dumb Bells *01-ERP-0122 6,700 6,700
Fire Radios - Portable and Mobile Devices *01-ERP-0125 475,000 475,000
Fire - Lucus Device *01-ERP-0127 18,500 18,500
Fire Total 900,300 45,000 3,253,300 18,500 36,900 4,254,000
Pavilion
Pavilion Ice Resurfacer *01-ERP-1000 165,000 165,000
Pavilion - Electric Ice Edger *01-ERP-1001 8,900 8,900
Pavilion - Floor Scrubber *01-ERP-1003 16,000 16,000
Pavilion - Scissor Lift *01-ERP-1004 10,000 10,000
Pavilion Total 10,000 16,000 173,900 0 0 199,900
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Police
Marked Patrol Vehicles (7)*01-ERP-0200 145,000 150,000 150,000 155,000 140,000 740,000
Sergeant's Vehicle *01-ERP-0201 72,500 72,206 144,706
PSO / Parking Enforcement Vehicle *01-ERP-0202 75,000 75,000
PSO - Utility 4x4 *01-ERP-0203 95,000 95,000
Squad Car Camera Systems *01-ERP-0212 26,640 26,640 26,640 26,640 30,000 136,560
Tactical Ballistic Vests / Helmets - SWAT *01-ERP-0214 12,000 88,697 100,697
Taser Replacement *01-ERP-0217 200,000 200,000
Squad Computers *01-ERP-0220 140,000 140,000
Police Equipment *01-ERP-0227 12,500 13,750 15,125 41,375
Police Total 268,640 251,640 390,390 365,337 397,331 1,673,338
Public Works: Bldg/Equip Serv
Hot Water High Pressure Vehicle Washer *01-ERP-0711 8,300 8,300
PW - Truck Scan Kit *01-ERP-0714 14,143 14,143
Supervisor Vehicle *OH7I84S6 40,000 40,000
Public Works: Bldg/Equip Serv Total 0 40,000 14,143 0 8,300 62,443
Public Works: Parks/Forestry
4x4 3/4Ton Trucks (2)*01-ERP-0801 108,000 108,000
Large Turf Mower *01-ERP-0810 121,609 121,609
Skid Loader *01-ERP-0815 45,600 45,600
Forestry Boom/Chipper Box Truck *01-ERP-0818 240,000 240,000
Public Works: Parks/Forestry Total 0 0 0 469,609 45,600 515,209
Produced Using Plan-It CIP Software
Department Project #2025 2026 2027 2028 2029 Total
Public Works: Streets/Traffic
1 Ton Traffic Boom Truck *01-ERP-0304 136,400 136,400
Front End Loaders (2)*01-ERP-0308 268,000 268,000
Skid Loader (2)*01-ERP-0309 59,700 59,700
Striper *01-ERP-0313 16,000 16,000
Asphalt Hot Mix Heating Box - Trailer *01-ERP-0318 31,509 31,509
Regenerative Air Sweeper *01-ERP-0319 210,000 210,000
4X4 3/4 Ton Truck with Plow *01-ERP-0301 70,000 70,000
Trailer *01-ERP-0323 30,000 30,000
Riding Floor Sweeper *01-ERP-0324 40,000 40,000
Public Works: Streets/Traffic Total 0 136,400 338,000 339,700 47,509 861,609
Refuse
Refuse Truck (RAP-R) (2)*01-ERP-0900 350,000 350,000
Refuse Total 350,000 0 0 0 0 350,000
Sewer
3/4 Ton Utility Truck *01-ERP-0551 87,000 87,000
Sewer Total 0 87,000 0 0 0 87,000
Water
3/4 Ton Truck *01-ERP-0500 80,000 80,000
3/4 Ton Utility Truck *01-ERP-0501 80,000 80,000
Water Total 0 160,000 0 0 0 160,000
GRAND TOTAL 1,984,495 1,271,728 4,440,440 1,461,287 877,888 10,035,838
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan (Draft)
Hopkins, MN ERP
Funding Source Summary
Source 2025 2026 2027 2028 2029 Total
AC - Arts Center Fund 19,300 10,000 16,000 45,300
Equipment Replacement Fund 1,624,495 989,428 4,256,540 1,445,287 877,888 9,193,638
PA - Pavilion Fund 10,000 16,000 173,900 199,900
RF - Refuse Fund 350,000 350,000
SF - Sanitary Sewer Fund 87,000 87,000
WF - Water Fund 160,000 160,000
GRAND TOTAL 1,984,495 1,271,728 4,440,440 1,461,287 877,888 10,035,838
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan (Draft)
Hopkins, MN ERP
Projects By Funding Source Summary
Source Project #2025 2026 2027 2028 2029 Total
AC - Arts Center Fund
Art Center Jaycee Studio Audio Visual *01-ERP-1105 16,000 16,000
Art Center Floor Scrubber *01-ERP-1109 10,800 10,800
Art Center Lobby Public Announcement
Equipment
*01-ERP-1114 10,000 10,000
Art Center Theater Presentation Microphones *01-ERP-1108 8,500 8,500
AC - Arts Center Fund Total 0 19,300 10,000 16,000 0 45,300
Equipment Replacement Fund
Fire Pumper (Engine 3)*01-ERP-0101 1,500,000 1,500,000
Ladder #7 *01-ERP-0100 1,700,000 1,700,000
Self Contained Breathing Apparatus (SCBA) (45)*01-ERP-0108 400,000 400,000
Extrication Tool (1)*01-ERP-0109 36,900 36,900
Marked Patrol Vehicles (7)*01-ERP-0200 145,000 150,000 150,000 155,000 140,000 740,000
Sergeant's Vehicle *01-ERP-0201 72,500 72,206 144,706
PSO / Parking Enforcement Vehicle *01-ERP-0202 75,000 75,000
PSO - Utility 4x4 *01-ERP-0203 95,000 95,000
1 Ton Traffic Boom Truck *01-ERP-0304 136,400 136,400
Front End Loaders (2)*01-ERP-0308 268,000 268,000
Skid Loader (2)*01-ERP-0309 59,700 59,700
Striper *01-ERP-0313 16,000 16,000
CH - Network Server *01-ERP-0003 27,849 28,684 29,545 30,431 31,344 147,853
Computers *01-ERP-0006 38,686 39,847 41,042 42,273 43,541 205,389
4x4 3/4Ton Trucks (2)*01-ERP-0801 108,000 108,000
Large Turf Mower *01-ERP-0810 121,609 121,609
PD - Network Server *01-ERP-0211 27,849 28,684 29,545 30,431 31,344 147,853
Skid Loader *01-ERP-0815 45,600 45,600
Document Management Scanner (2)*01-ERP-0008 14,300 14,300
Squad Car Camera Systems *01-ERP-0212 26,640 26,640 26,640 26,640 30,000 136,560
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
Thermal Imaging Camera (2)*01-ERP-0112 18,600 20,000 38,600
Emergency Preparedness Sirens *01-ERP-0113 45,000 45,000
Network Infrastructure Upgrade - Fiber *01-ERP-0009 70,000 70,000
Floor Scrubber *01-ERP-0114 25,500 25,500
Workout Equipment - Treadmill *01-ERP-0116 7,800 7,800
Hot Water High Pressure Vehicle Washer *01-ERP-0711 8,300 8,300
Tactical Ballistic Vests / Helmets - SWAT *01-ERP-0214 12,000 88,697 100,697
Workout Equipment - Dumb Bells *01-ERP-0122 6,700 6,700
Asphalt Hot Mix Heating Box - Trailer *01-ERP-0318 31,509 31,509
Core Network Switch *01-ERP-0012 45,000 45,000
Regenerative Air Sweeper *01-ERP-0319 210,000 210,000
Taser Replacement *01-ERP-0217 200,000 200,000
Distribution Network Switches *01-ERP-0014 75,000 75,000
Squad Computers *01-ERP-0220 140,000 140,000
Fire Radios - Portable and Mobile Devices *01-ERP-0125 475,000 475,000
PW - Truck Scan Kit *01-ERP-0714 14,143 14,143
Backup Server *01-ERP-0015 78,808 86,115 164,923
Fire - Lucus Device *01-ERP-0127 18,500 18,500
IT - Office 365 *01-ERP-0017 71,680 73,180 74,680 76,180 77,680 373,400
IT - Patching Automation Software *01-ERP-0020 40,000 40,000 40,000 11,255 11,593 142,848
IT - Laptops for Mobile Computer Lab *01-ERP-0021 10,927 11,941 22,868
Electronic Inspections Processing *01-ERP-0052 16,231 16,231
IT - Windows 10 Enterprise Upgrade *01-ERP-0022 43,260 44,558 45,895 47,271 48,690 229,674
4X4 3/4 Ton Truck with Plow *01-ERP-0301 70,000 70,000
Police Equipment *01-ERP-0227 12,500 13,750 15,125 41,375
IT - Sandbox Security Appliance *01-ERP-0024 45,000 45,000
Forestry Boom/Chipper Box Truck *01-ERP-0818 240,000 240,000
Trailer *01-ERP-0323 30,000 30,000
Activity Center - Floor Scrubber *01-ERP-0035 6,700 6,700
Riding Floor Sweeper *01-ERP-0324 40,000 40,000
Permitting and Licensing Software Upgrade *796DQPWR 120,000 120,000
Supervisor Vehicle *OH7I84S6 40,000 40,000
Equipment Replacement Fund Total 1,624,495 989,428 4,256,540 1,445,287 877,888 9,193,638
Produced Using Plan-It CIP Software
Source Project #2025 2026 2027 2028 2029 Total
PA - Pavilion Fund
Pavilion Ice Resurfacer *01-ERP-1000 165,000 165,000
Pavilion - Electric Ice Edger *01-ERP-1001 8,900 8,900
Pavilion - Floor Scrubber *01-ERP-1003 16,000 16,000
Pavilion - Scissor Lift *01-ERP-1004 10,000 10,000
PA - Pavilion Fund Total 10,000 16,000 173,900 0 0 199,900
RF - Refuse Fund
Refuse Truck (RAP-R) (2)*01-ERP-0900 350,000 350,000
RF - Refuse Fund Total 350,000 0 0 0 0 350,000
SF - Sanitary Sewer Fund
3/4 Ton Utility Truck *01-ERP-0551 87,000 87,000
SF - Sanitary Sewer Fund Total 0 87,000 0 0 0 87,000
WF - Water Fund
3/4 Ton Truck *01-ERP-0500 80,000 80,000
3/4 Ton Utility Truck *01-ERP-0501 80,000 80,000
WF - Water Fund Total 0 160,000 0 0 0 160,000
GRAND TOTAL 1,984,495 1,271,728 4,440,440 1,461,287 877,888 10,035,838
2025 –2029 Capital
Improvement & Equipment
Replacement Plans
August 5, 2024
Overview
5 year plans, updated annually
Includes funds supported by tax levy and
funds directly supported by user charges
Overview
Funds Supported by Tax Levy
Arts Center
Equipment Replacement
Capital Improvement
Park Dedication
Parking Fund (new)
Permanent Improvement
Revolving
Pavilion
Directly Funded
Water
Sanitary Sewer
Storm Sewer
Refuse
Overview
Focus of tonight is projects impacting the tax
levy in 2025 & 2026
Staff is working on a preliminary budget for
September 3rd
CIP/ERP being presented would result in a 5% to
6% Levy Increase
Capital Improvement
Funding Sources
Tax Levy of $445,000 in 2025
Franchise Fees of $361,500 in 2025
Capital Improvement
2025 Projects and Costs Total $1,012,062
Location Project Cost Notes
Activity Center Roof Replacement &
Flashing
$250,000 Deferred in 2024
Activity Center Tuckpoint & Brick Repair $120,000 Deferred in 2024
Depot Remodel & Upgrade $32,062 Other funding -
TBD
City Wide Door Access Controls $225,000
Parking Ramp Security Cameras $25,000
City Hall Debt Service Transfers $360,000
Capital Improvement Fund
Planned fund balance decrease of $202,864 in
2025
Ending Fund Balance of $66,895
Permanent Improvement
Central Avenues Street Reconstruction Project
Funded by Bond Proceeds paid by tax levy and
special assessments
Project Scoping Study approved in May
Permanent Improvement
Repair or Replace Excelsior Fencing
Funded by a $50,000 tax levy in 2025
Equipment Replacement Fund
Funding Sources -$1.10 million
User Department Charges
$797,688 in 2025, a 6% increase
o 99.88% in General Fund
o 0.06% in Economic Development and Communications Funds
$250,000 Tax Levy in 2025
Equipment Replacement Fund
2025 projects total $1,659,495
Fire -$900,300
Including Self Contained Breathing Apparatus and
Radios/Pagers
Information Technology -$439,324
Police -$268,640
Community Services -$16,231
Equipment Replacement Fund
Projecting a $561,894 decrease to fund
balance
Ending balance in Equipment Replacement
Fund of $929,427
Park Dedication
Funding Sources
Franchise Fees, $355,000 in 2025
Bond Proceeds, $2,000,000 in 2025
Park Dedication
$2,361,600 of payments in 2025
Central Park Renovation -$2,000,000
Funded by bond proceeds (due to uncertainty of park
dedication fee timing)
Bond paid with Tax Levy
Award Contract for Central Park Master Plan –Sept. 3rd
Park Dedication
$2,361,600 of payments in 2025
Improvements and repairs of $329,700
Bond Payments of $120,000
Cottageville, Valley & Oakes Park
Pavilion Fund
2025 Requests
Exit Door Replacement -$92,500
Scissor Lift -$10,000
Requested & Deferred Projects
Location Project Cost
Permanent Improvement Street Light Upgrades 240,000
Permanent Improvement Mainstreet Banner Poles $130,000
Community Services Permitting and Licensing Software $120,000
Pavilion Exit Doors (phased over 3 years)$92,500
Art Center Access/Lockdown System (Phased
over 3 years)
$60,000
Arts Center Design/Architecture for Restroom
Remodel
$25,000
Next Steps
Budget Engagement Session on August 12
from 5-6 PM at City Hall
https://www.hopkinsmn.com/466/City-Budget-
Process
Adopt Preliminary Tax Levy and Budget on
September 3rd