VII.1. Adoption of the 2025 – 2029 Capital Improvement & Equipment Replacement Plans; Bishop
CITY OF HOPKINS
Memorandum
To: Honorable Mayor and Council Members
Mike Mornson, City Manager
From: Nick Bishop, Finance Director
Date: November 12, 2024
Subject: 2025 – 2029 Capital Improvement & Equipment Replacement Plans
_____________________________________________________________________
RECOMMENDED ACTION
MOTION TO adopt the 2025-2029 Capital Improvement & Equipment Replacement
Plans
INFORMATION
The Capital Improvement Plan (CIP) is a planning document intended to help the City
anticipate major capital items and to consider the financial impact of proceeding with
those planned improvements.
The equipment replacement plan (ERP) is a detailed summary of the next five years
projected equipment purchases. General and Special Revenue (except Arts Center)
fund equipment items are placed in the Equipment Replacement Fund Budget which
derives its revenue from services charges to benefitting funds, tax levy, equipment sales
and interest earnings. The Arts Center and Enterprise Funds equipment in the plan is
placed in the individual fund budgets, in the year in which they are to be purchased.
Adoption of the motion will authorize staff to prepare for purchases scheduled in 2025.
Additional approvals will be necessary for some projects to proceed. Years 2026-2029
serve as a long-range plan and projects are not authorized by approving the plan.
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.
There are no changes to the Capital Improvement Fund since it was reviewed by
Council on August 5th.
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 September 3rd, City Council reviewed the results of a Project Scoping Study for
Central Avenue improvements. The study provided multiple scenarios for phasing,
contracts and timing to complete the project. The project schedule is unchanged, with
construction occurring in 2025 & 2026. The project costs have been updated to reflect
the most current cost estimates.
There are no street lighting upgrades scheduled for 2025 in the CIP. However, on
October 1st, City Council approved a $60,000 street light purchase. The lights will be
stored at Public Works and installed by City crews as time and workload allows.
The fund is projected to increase its fund balance by $2,698 and end 2025 with a fund
balance of $272,457.
2025 2026
Beginning Fund Balance 269,759 272,457
Revenues & Other Financing Sources
Tax Levy 50,000 420,000
Special Assessments (Prepaid)120,000 120,000
Interest Earnings 2,698 2,725
Bond Proceeds 4,914,000 4,868,500
Total Revenue & Other Financing Sources 5,086,698 5,411,225
Expenditures & Other Financing Uses
Capital Projects
Central Avenues 4,437,000 4,437,000
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 5,084,000 5,408,500
Increase (Decrease) in Fund Balance 2,698 2,725
Projected Ending Fund Balance 272,457 275,182
Permanent Improvement Revolving - 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.
There are no changes to the Park Improvement Fund since it was reviewed by Council on
August 5th.
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
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 $1,067,001,
including a tax levy of $220,000. The projected expenditures are $1,629,495. The most
significant purchase in 2024 was a Police Records Management System for $500,000,
which came in $350,000 under budget.
The projected costs to replace Fire Radios has been reduced by $30,000 since August
5th. The tax levy has been reduced by the same amount.
The fund is projected to decrease its net position by $562,494 and end 2025 with a net
position of $868,827.
2025 2026
Beginning Fund Balance 1,431,321 868,827
Revenues & Other Financing Sources
Tax Levy 220,000 250,000
Equipment Charges 797,688 845,549
Sale of Equipment 35,000 35,000
Interest Earnings 14,313 8,688
Total Revenue & Other Financing Sources 1,067,001 1,139,237
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 870,300 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 1,629,495 1,024,428
Increase (Decrease) in Fund Balance (562,494) 114,809
Projected Ending Fund Balance 868,827 983,636
Equipment Replacement Fund - Projected Cash Flows
2025 through 2029
Capital Improvement Plan
Hopkins, MN CIPDepartment 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 220,000 6,295,000 4,740,000 4,500,000 15,755,000
Public Works: Streets/Traffic 9,549,000 9,848,500 10,066,000 8,206,500 11,182,900 48,852,900
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 11,490,762 17,074,500 21,546,500 15,509,000 11,481,400 77,102,162
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan
Hopkins, MN CIPProjects By Department
Department Project #2025 2026 2027 2028 2029 Total
Administration
City Wide Door Access Controls 24-CIP-AD001 225,000 225,000
Administration Total 225,000 0 0 0 0 225,000
City Hall Administration
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
Council Chambers HVAC Unit 09-CIP-CH032 18,000 18,000
City Hall Administration Total 0 158,000 60,000 850,000 0 1,068,000
Comm Svcs - Activity Center
Activity Center - Gender Neutral Bathroom 24-CIP-AC057 10,000 40,000 50,000
Activity Center - Gymnasium Floor 24-CIP-AC058 25,000 25,000
Activity Center - Roof Replacement & Flashing 23-CIP-AC053 250,000 250,000
Activity Center - Tuckpointing & Repair of Brick 22-CIP-AC052 120,000 120,000
Comm Svcs - Activity Center Total 380,000 65,000 0 0 0 445,000
Comm Svcs - Arts Center
Arts Center - Access/Lockdown System 19-CIP-AR005 50,000 30,000 30,000 110,000
Arts Center JC Studio Sound System &
Projection 24-CIP-AR006 31,000 31,000
Arts Center - Main Theater Lighting Upgrades 24-CIP-AR007 20,000 20,000
Arts Center - Main Theater Stage Floor
Replacement 24-CIP-AR008 15,000 15,000
Arts Center - Outdoor Signage/lighting 19-CIP-AR002 25,000 25,000 50,000
Arts Center - Paint Theatre 14-CIP-AR003 28,000 28,000
Arts Center - Restroom Remodel 24-CIP-AR009 105,000 105,000
Arts Center - Roof Replacement 19-CIP-AR007 750,000 750,000
Arts Center - Theater Curtains 17-CIP-AR004 80,000 80,000
Comm Svcs - Arts Center Total 116,000 135,000 833,000 105,000 0 1,189,000
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 - Replace Roof 08-CIP-B125 550,000 550,000
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 Total 0 0 550,000 0 159,000 709,000
Produced Using Plan-It CIP Software
Pavilion
Pavilion - Arena Exit Door Replacement 20-CIP-PV334 92,500 75,000 17,500 185,000
Pavilion - Bleacher Heating Replacement 23-CIP-PV337 75,000 75,000
Pavilion - Roof Replacement 23-CIP-PV336 100,000 100,000
Pavilion Team Room HVAC Unit 16-CIP-PV329 9,500 9,500
Pavilion - Warming House Window Blinds 23-CIP-PV339 14,000 14,000
Pavilion Total 92,500 189,000 92,500 0 9,500 383,500
Public Works: Bldg/Equip Serv
907 Mainstreet (HHS) Windows & Front/Back
Door 21-CIP-B101 105,000 105,000
Public Works - Replace Overhead Doors 08-CIP-B023 90,000 90,000
Public Works - Replace Roofing 08-CIP-B022 1,600,000 1,600,000
Public Works: Bldg/Equip Serv Total 0 0 90,000 1,705,000 0 1,795,000
Public Works: Parks
Central Park Renovation 23-CIP-P076 6,000,000 6,000,000
Central Park Tennis Courts 24-CIP-P077 220,000 220,000
Downtown Park Stage - Electric 24-CIP-P078 25,000 25,000
Maetzold Field Lighting 24-CIP-P080 150,000 150,000
Oakes & Valley Parks Recreation & Resilience
Hubs 24-CIP-P081 4,500,000 4,500,000 9,000,000
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
Repair Valley Park Volleyball Court 21-CIP-P073 80,000 80,000
Valley Park Basketball Court 24-CIP-P079 60,000 60,000
Public Works: Parks Total 220,000 6,295,000 4,740,000 4,500,000 0 15,755,000
Public Works: Streets/Traffic
17th Ave Reconstruction 24-CIP-S010 8,600,000 8,600,000
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
County Road 3 01-CIP-S104 2,300,000 2,300,000
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
Minnetonka Mills/5th St N Intersection
Improvement 20-CIP-S005 600,000 600,000
Parking Ramp Cameras 24-CIP-S009 25,000 25,000
Pedestrian & Bicycle Access Improvements 13-CIP-S040 100,000 27,500 30,000 32,500 35,000 225,000
Residential Street Improvements and Utilities 01-CIP-S101 8,877,000 8,877,000 7,298,000 7,662,900 32,714,900
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
Public Works: Streets/Traffic Total 9,549,000 9,848,500 10,066,000 8,206,500 11,182,900 48,852,900
Department Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
Public Works: Utilities
SCADA Fiber Project 23-CIP-U022 400,000 400,000
Sewer Lining 18-CIP-U016 65,000 75,000 75,000 80,000 85,000 380,000
Storm Drainage System Maintenance - Alley
Repairs 01-CIP-U002 28,000 29,000 30,000 32,500 35,000 154,500
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
Well #6 Emergency Generator 24-CIP-U023 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 11,490,762 17,074,500 21,546,500 15,509,000 11,481,400 77,102,162
Department Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan
Hopkins, MN CIPFunding 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 2,000,000 2,250,000 2,250,000 6,500,000
GU - Other Governmental Units 26,600 1,006,700 6,700 6,700 1,606,700 2,653,400
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 226,600 3,298,300 2,493,300 2,253,300 3,300 8,274,800
PI - PIR/General Obligation Bonds 3,910,000 3,864,500 3,026,000 4,913,500 5,129,000 20,843,000
RF - Refuse Fund 18,000 50,000 68,000
SA - Special Assessment 1,124,000 1,124,000 780,000 650,000 682,500 4,360,500
SF - Sanitary Sewer Fund 1,817,000 1,627,000 693,000 1,980,000 1,817,500 7,934,500
SU - Storm Sewer Fund 1,160,000 1,161,000 558,000 822,500 602,000 4,303,500
WF - Water Fund 2,306,000 2,026,000 6,118,000 448,000 186,900 11,084,900
GRAND TOTAL 11,490,762 17,074,500 21,546,500 15,509,000 11,481,400 77,102,162
Produced Using Plan-It CIP Software
2025 through 2029
Capital Improvement Plan
Hopkins, MN CIPProjects By Funding Source Summary
Source Project #2025 2026 2027 2028 2029 Total
AC - Arts Center Fund
Arts Center - Access/Lockdown System 19-CIP-AR005 50,000 30,000 30,000 110,000
Arts Center JC Studio Sound System &
Projection 24-CIP-AR006 31,000 31,000
Arts Center - Main Theater Lighting
Upgrades 24-CIP-AR007 20,000 20,000
Arts Center - Main Theater Stage Floor
Replacement 24-CIP-AR008 15,000 15,000
Arts Center - Outdoor Signage/lighting 19-CIP-AR002 25,000 25,000 50,000
Arts Center - Paint Theatre 14-CIP-AR003 28,000 28,000
Arts Center - Restroom Remodel 24-CIP-AR009 105,000 105,000
Arts Center - Theater Curtains 17-CIP-AR004 80,000 80,000
AC - Arts Center Fund Total 116,000 135,000 83,000 105,000 0 439,000
CI - Capital Improvement Fund
907 Mainstreet (HHS) Windows &
Front/Back Door 21-CIP-B101 105,000 105,000
Activity Center - Gender Neutral
Bathroom 24-CIP-AC057 40,000 40,000
Activity Center - Gymnasium Floor 24-CIP-AC058 25,000 25,000
Activity Center - Roof Replacement &
Flashing 23-CIP-AC053 250,000 250,000
Activity Center - Tuckpointing & Repair
of Brick 22-CIP-AC052 120,000 120,000
Arts Center - Roof Replacement 19-CIP-AR007 750,000 750,000
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 Wide Door Access Controls 24-CIP-AD001 225,000 225,000
Council Chambers HVAC Unit 09-CIP-CH032 18,000 18,000
Depot Remodel and Upgrade Project 24-CIP-DP001 32,062 32,062
Fire - Replace Roof 08-CIP-B125 550,000 550,000
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
Parking Ramp Cameras 24-CIP-S009 25,000 25,000
Public Works - Replace Overhead
Doors 08-CIP-B023 18,000 18,000
Public Works - Replace Roofing 08-CIP-B022 800,000 800,000
CI - Capital Improvement Fund Total 652,062 223,000 1,378,000 1,755,000 159,000 4,167,062
Produced Using Plan-It CIP Software
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
Central Park Renovation 23-CIP-P076 2,000,000 2,000,000
Oakes & Valley Parks Recreation &
Resilience Hubs 24-CIP-P081 2,250,000 2,250,000 4,500,000
GA - Grant-In-Aid Total 0 2,000,000 2,250,000 2,250,000 0 6,500,000
GU - Other Governmental Units
Central Park Renovation 23-CIP-P076 1,000,000 1,000,000
County Road 3 01-CIP-S104 1,600,000 1,600,000
Depot Remodel and Upgrade Project 24-CIP-DP001 13,200 13,200
Shady Oak Beach Improvements 16-CIP-R003 13,400 6,700 6,700 6,700 6,700 40,200
GU - Other Governmental Units Total 26,600 1,006,700 6,700 6,700 1,606,700 2,653,400
MS - Municipal State Aid Streets
17th Ave Reconstruction 24-CIP-S010 3,790,000 3,790,000
County Road 3 01-CIP-S104 700,000 700,000
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 24-CIP-AC057 10,000 10,000
OP - Operating Budget Total 10,000 0 0 0 0 10,000
PA - Pavilion Fund
Pavilion - Arena Exit Door
Replacement 20-CIP-PV334 92,500 75,000 17,500 185,000
Pavilion - Bleacher Heating
Replacement 23-CIP-PV337 75,000 75,000
Pavilion - Roof Replacement 23-CIP-PV336 100,000 100,000
Pavilion Team Room HVAC Unit 16-CIP-PV329 9,500 9,500
Pavilion - Warming House Window
Blinds 23-CIP-PV339 14,000 14,000
PA - Pavilion Fund Total 92,500 189,000 92,500 0 9,500 383,500
Source Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
PDF- Park Dedication Fund
Central Park Renovation 23-CIP-P076 3,000,000 3,000,000
Central Park Tennis Courts 24-CIP-P077 220,000 220,000
Downtown Park Stage - Electric 24-CIP-P078 25,000 25,000
Maetzold Field Lighting 24-CIP-P080 150,000 150,000
Oakes & Valley Parks Recreation &
Resilience Hubs 24-CIP-P081 2,250,000 2,250,000 4,500,000
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
Repair Valley Park Volleyball Court 21-CIP-P073 80,000 80,000
Shady Oak Beach Improvements 16-CIP-R003 6,600 3,300 3,300 3,300 3,300 19,800
Valley Park Basketball Court 24-CIP-P079 60,000 60,000
PDF- Park Dedication Fund Total 226,600 3,298,300 2,493,300 2,253,300 3,300 8,274,800
PI - PIR/General Obligation Bonds
17th Ave Reconstruction 24-CIP-S010 1,830,000 1,830,000
Minnetonka Mills/5th St N Intersection
Improvement 20-CIP-S005 590,000 590,000
Pedestrian & Bicycle Access
Improvements 13-CIP-S040 100,000 27,500 30,000 32,500 35,000 225,000
Residential Street Improvements and
Utilities 01-CIP-S101 3,313,000 3,313,000 4,280,000 4,494,000 15,400,000
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
PI - PIR/General Obligation Bonds Total 3,910,000 3,864,500 3,026,000 4,913,500 5,129,000 20,843,000
RF - Refuse Fund
Public Works - Replace Overhead
Doors 08-CIP-B023 18,000 18,000
Public Works - Replace Roofing 08-CIP-B022 50,000 50,000
RF - Refuse Fund Total 0 0 18,000 50,000 0 68,000
SA - Special Assessment
17th Ave Reconstruction 24-CIP-S010 780,000 780,000
Residential Street Improvements and
Utilities 01-CIP-S101 1,124,000 1,124,000 650,000 682,500 3,580,500
SA - Special Assessment Total 1,124,000 1,124,000 780,000 650,000 682,500 4,360,500
Source Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
SF - Sanitary Sewer Fund
17th Ave Reconstruction 24-CIP-S010 600,000 600,000
Public Works - Replace Overhead
Doors 08-CIP-B023 18,000 18,000
Public Works - Replace Roofing 08-CIP-B022 250,000 250,000
Residential Street Improvements and
Utilities 01-CIP-S101 1,552,000 1,552,000 1,650,000 1,732,500 6,486,500
SCADA Fiber Project 23-CIP-U022 200,000 200,000
Sewer Lining 18-CIP-U016 65,000 75,000 75,000 80,000 85,000 380,000
SF - Sanitary Sewer Fund Total 1,817,000 1,627,000 693,000 1,980,000 1,817,500 7,934,500
SU - Storm Sewer Fund
17th Ave Reconstruction 24-CIP-S010 500,000 500,000
Minnetonka Mills/5th St N Intersection
Improvement 20-CIP-S005 10,000 10,000
Public Works - Replace Overhead
Doors 08-CIP-B023 18,000 18,000
Public Works - Replace Roofing 08-CIP-B022 250,000 250,000
Residential Street Improvements and
Utilities 01-CIP-S101 1,132,000 1,132,000 540,000 567,000 3,371,000
Storm Drainage System Maintenance -
Alley Repairs 01-CIP-U002 28,000 29,000 30,000 32,500 35,000 154,500
SU - Storm Sewer Fund Total 1,160,000 1,161,000 558,000 822,500 602,000 4,303,500
WF - Water Fund
17th Ave Reconstruction 24-CIP-S010 1,100,000 1,100,000
Public Works - Replace Overhead
Doors 08-CIP-B023 18,000 18,000
Public Works - Replace Roofing 08-CIP-B022 250,000 250,000
Residential Street Improvements and
Utilities 01-CIP-S101 1,756,000 1,756,000 178,000 186,900 3,876,900
SCADA Fiber Project 23-CIP-U022 200,000 200,000
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
Well #6 Emergency Generator 24-CIP-U023 350,000 350,000
WF - Water Fund Total 2,306,000 2,026,000 6,118,000 448,000 186,900 11,084,900
GRAND TOTAL 11,490,762 17,074,500 21,546,500 15,509,000 11,481,400 77,102,162
Source Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan
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 870,300 45,000 3,253,300 18,500 36,900 4,224,000
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 1,954,495 1,271,728 4,440,440 1,461,287 877,888 10,005,838
2025 through 2029
Equipment Replacement Plan
Hopkins, MN ERPProjects 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 Floor Scrubber 01-ERP-1109 10,800 10,800
Art Center Jaycee Studio Audio Visual 01-ERP-1105 16,000 16,000
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
Backup Server 01-ERP-0015 78,808 86,115 164,923
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
Core Network Switch 01-ERP-0012 45,000 45,000
Distribution Network Switches 01-ERP-0014 75,000 75,000
IT - Laptops for Mobile Computer Lab 01-ERP-0021 10,927 11,941 22,868
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 - Sandbox Security Appliance 01-ERP-0024 45,000 45,000
IT - Windows 10 Enterprise Upgrade 01-ERP-0022 43,260 44,558 45,895 47,271 48,690 229,674
Network Infrastructure Upgrade - Fiber 01-ERP-0009 70,000 70,000
PD - Network Server 01-ERP-0211 27,849 28,684 29,545 30,431 31,344 147,853
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
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
Produced Using Plan-It CIP Software
Fire
Emergency Preparedness Sirens 01-ERP-0113 45,000 45,000
Extrication Tool (1)01-ERP-0109 36,900 36,900
Fire - Lucus Device 01-ERP-0127 18,500 18,500
Fire Pumper (Engine 3)01-ERP-0101 1,500,000 1,500,000
Fire Radios - Portable and Mobile Devices 01-ERP-0125 445,000 445,000
Floor Scrubber 01-ERP-0114 25,500 25,500
Ladder #7 01-ERP-0100 1,700,000 1,700,000
Self Contained Breathing Apparatus (SCBA) (45)01-ERP-0108 400,000 400,000
Thermal Imaging Camera (2)01-ERP-0112 18,600 20,000 38,600
Workout Equipment - Dumb Bells 01-ERP-0122 6,700 6,700
Workout Equipment - Treadmill 01-ERP-0116 7,800 7,800
Fire Total 870,300 45,000 3,253,300 18,500 36,900 4,224,000
Pavilion
Pavilion - Electric Ice Edger 01-ERP-1001 8,900 8,900
Pavilion - Floor Scrubber 01-ERP-1003 16,000 16,000
Pavilion Ice Resurfacer 01-ERP-1000 165,000 165,000
Pavilion - Scissor Lift 01-ERP-1004 10,000 10,000
Pavilion Total 10,000 16,000 173,900 0 0 199,900
Police
Marked Patrol Vehicles (7)01-ERP-0200 145,000 150,000 150,000 155,000 140,000 740,000
Police Equipment 01-ERP-0227 12,500 13,750 15,125 41,375
PSO / Parking Enforcement Vehicle 01-ERP-0202 75,000 75,000
PSO - Utility 4x4 01-ERP-0203 95,000 95,000
Sergeant's Vehicle 01-ERP-0201 72,500 72,206 144,706
Squad Car Camera Systems 01-ERP-0212 26,640 26,640 26,640 26,640 30,000 136,560
Squad Computers 01-ERP-0220 140,000 140,000
Tactical Ballistic Vests / Helmets - SWAT 01-ERP-0214 12,000 88,697 100,697
Taser Replacement 01-ERP-0217 200,000 200,000
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
Forestry Boom/Chipper Box Truck 01-ERP-0818 240,000 240,000
Large Turf Mower 01-ERP-0810 121,609 121,609
Skid Loader 01-ERP-0815 45,600 45,600
Public Works: Parks/Forestry Total 0 0 0 469,609 45,600 515,209
Department Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
Public Works: Streets/Traffic
1 Ton Traffic Boom Truck 01-ERP-0304 136,400 136,400
4X4 3/4 Ton Truck with Plow 01-ERP-0301 70,000 70,000
Asphalt Hot Mix Heating Box - Trailer 01-ERP-0318 31,509 31,509
Front End Loaders (2)01-ERP-0308 268,000 268,000
Regenerative Air Sweeper 01-ERP-0319 210,000 210,000
Riding Floor Sweeper 01-ERP-0324 40,000 40,000
Skid Loader (2)01-ERP-0309 59,700 59,700
Striper 01-ERP-0313 16,000 16,000
Trailer 01-ERP-0323 30,000 30,000
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 1,954,495 1,271,728 4,440,440 1,461,287 877,888 10,005,838
Department Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software
Produced Using Plan-It CIP Software
2025 through 2029
Equipment Replacement Plan
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 1,594,495 989,428 4,256,540 1,445,287 877,888 9,163,638
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 1,954,495 1,271,728 4,440,440 1,461,287 877,888 10,005,838
2025 through 2029
Equipment Replacement Plan
Hopkins, MN ERPProjects By Funding Source Summary
Source Project #2025 2026 2027 2028 2029 Total
AC - Arts Center Fund
Art Center Floor Scrubber 01-ERP-1109 10,800 10,800
Art Center Jaycee Studio Audio Visual 01-ERP-1105 16,000 16,000
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
1 Ton Traffic Boom Truck 01-ERP-0304 136,400 136,400
4x4 3/4Ton Trucks (2)01-ERP-0801 108,000 108,000
4X4 3/4 Ton Truck with Plow 01-ERP-0301 70,000 70,000
Activity Center - Floor Scrubber 01-ERP-0035 6,700 6,700
Asphalt Hot Mix Heating Box - Trailer 01-ERP-0318 31,509 31,509
Backup Server 01-ERP-0015 78,808 86,115 164,923
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
Core Network Switch 01-ERP-0012 45,000 45,000
Distribution Network Switches 01-ERP-0014 75,000 75,000
Document Management Scanner (2)01-ERP-0008 14,300 14,300
Electronic Inspections Processing 01-ERP-0052 16,231 16,231
Emergency Preparedness Sirens 01-ERP-0113 45,000 45,000
Extrication Tool (1)01-ERP-0109 36,900 36,900
Fire - Lucus Device 01-ERP-0127 18,500 18,500
Fire Pumper (Engine 3)01-ERP-0101 1,500,000 1,500,000
Fire Radios - Portable and Mobile
Devices 01-ERP-0125 445,000 445,000
Floor Scrubber 01-ERP-0114 25,500 25,500
Forestry Boom/Chipper Box Truck 01-ERP-0818 240,000 240,000
Front End Loaders (2)01-ERP-0308 268,000 268,000
Hot Water High Pressure Vehicle
Washer 01-ERP-0711 8,300 8,300
IT - Laptops for Mobile Computer Lab 01-ERP-0021 10,927 11,941 22,868
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 - Sandbox Security Appliance 01-ERP-0024 45,000 45,000
IT - Windows 10 Enterprise Upgrade 01-ERP-0022 43,260 44,558 45,895 47,271 48,690 229,674
Ladder #7 01-ERP-0100 1,700,000 1,700,000
Large Turf Mower 01-ERP-0810 121,609 121,609
Marked Patrol Vehicles (7)01-ERP-0200 145,000 150,000 150,000 155,000 140,000 740,000
Network Infrastructure Upgrade -
Fiber 01-ERP-0009 70,000 70,000
PD - Network Server 01-ERP-0211 27,849 28,684 29,545 30,431 31,344 147,853
Permitting and Licensing Software
Upgrade 796DQPWR 120,000 120,000
Produced Using Plan-It CIP Software
Police Equipment 01-ERP-0227 12,500 13,750 15,125 41,375
PSO / Parking Enforcement Vehicle 01-ERP-0202 75,000 75,000
PSO - Utility 4x4 01-ERP-0203 95,000 95,000
PW - Truck Scan Kit 01-ERP-0714 14,143 14,143
Regenerative Air Sweeper 01-ERP-0319 210,000 210,000
Riding Floor Sweeper 01-ERP-0324 40,000 40,000
Self Contained Breathing Apparatus
(SCBA) (45)01-ERP-0108 400,000 400,000
Sergeant's Vehicle 01-ERP-0201 72,500 72,206 144,706
Skid Loader 01-ERP-0815 45,600 45,600
Skid Loader (2)01-ERP-0309 59,700 59,700
Squad Car Camera Systems 01-ERP-0212 26,640 26,640 26,640 26,640 30,000 136,560
Squad Computers 01-ERP-0220 140,000 140,000
Striper 01-ERP-0313 16,000 16,000
Supervisor Vehicle OH7I84S6 40,000 40,000
Tactical Ballistic Vests / Helmets -
SWAT 01-ERP-0214 12,000 88,697 100,697
Taser Replacement 01-ERP-0217 200,000 200,000
Thermal Imaging Camera (2)01-ERP-0112 18,600 20,000 38,600
Trailer 01-ERP-0323 30,000 30,000
Workout Equipment - Dumb Bells 01-ERP-0122 6,700 6,700
Workout Equipment - Treadmill 01-ERP-0116 7,800 7,800
Equipment Replacement Fund Total 1,594,495 989,428 4,256,540 1,445,287 877,888 9,163,638
PA - Pavilion Fund
Pavilion - Electric Ice Edger 01-ERP-1001 8,900 8,900
Pavilion - Floor Scrubber 01-ERP-1003 16,000 16,000
Pavilion Ice Resurfacer 01-ERP-1000 165,000 165,000
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 1,954,495 1,271,728 4,440,440 1,461,287 877,888 10,005,838
Source Project #2025 2026 2027 2028 2029 Total
Produced Using Plan-It CIP Software