VII.1. Adoption of the 2026 – 2030 Capital Improvement and Equipment Replacement Plans; Bishop
CITY OF HOPKINS
City Council Report 2025-185
To: Honorable Mayor and Council Members
Mike Mornson, City Manager
From: Nick Bishop, Finance Director
Date: December 16, 2025
Subject: Review 2026 – 2030 Capital Improvement & Equipment Replacement
Plans
_____________________________________________________________________
RECOMMENDED ACTION
MOTION TO adopt the 2026-2030 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 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.
Adoption of the motion will authorize staff to prepare for purchases scheduled in 2026.
Additional approvals will be necessary for some projects to proceed. Years 2027-2030
serve as a long-range plan and projects are not authorized by approving the plan.
There are no changes to the CIP or ERP since they were reviewed by City Council on
October 7th.
SUPPORTING INFORMATION
• 2026-2027 Projected Cash Flows
• 2026-2030 Capital Improvement Plan Summary
• 2026-2030 Equipment Replacement Plan Summary
Finance Department
Capital Improvement Fund
This fund accounts for capital improvements at the Activity Center, City Hall/Police
Station, Depot, 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 2026, the Capital Improvement Fund has projected revenues of $624,669 and
projected expenditures of $622,500. The fund is projected to increase its fund balance
by $2,169 and end 2026 with a fund balance of $69,064.
The City has a number of roof replacements scheduled in the CIP, which are monitored
to see when a replacement is necessary. A potential funding source is bond proceeds in
2027.
2026 2027
Beginning Fund Balance 66,895 69,064
Revenues & Other Financing Sources
Tax Levy 262,500 172,500
Franchise Fees 361,500 361,500
Interest Earnings 669 691
Bond Proceeds (Roofing Projects)- 1,440,000
Total Revenue & Other Financing Sources 624,669 1,974,691
Expenditures & Other Financing Uses
Capital Projects
City Hall/Police - Replace Boilers 90,000 -
Police - Replace 40 Ton Rooftop HVAC 140,000 -
Depot - Exterior Door Replacement 32,500 32,500
City Hall - HVAC Units - 82,000
City Hall/Police - Roof Replacement - 140,000
Activity Center - Gender Neutral Bathroom - 40,000
Arts Center - Roof Replacement 750,000
Fire Station - Roof Replacement 550,000
Public Works - Replace Overhead Doors 18,000
Debt Service Transfers - City Hall 360,000 360,000
Total Expenditures and Other Financing Sources 622,500 1,972,500
Increase (Decrease) in Fund Balance 2,169 2,191
Projected Ending Fund Balance 69,064 71,255
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 April 15, 2025, City Council approved a two-year contract for the Central Avenues
Street Project. The contract will continue through 2026.
Projects related to street lighting upgrades, Excelsior fencing and Mainstreet banner
pole installation have all been delayed to 2027 or later.
The fund is projected to decrease its fund balance by $12,107 and end 2026 with a fund
balance of $1,627,182.
2026 2027
Beginning Fund Balance 1,639,289 1,627,182
Revenues & Other Financing Sources
Tax Levy - 290,000
Special Assessments (Prepaid)- 156,000
Interest Earnings 16,393 16,272
Bond Proceeds 5,550,000 3,050,000
Total Revenue & Other Financing Sources 5,566,393 3,512,272
Expenditures & Other Financing Uses
Capital Projects
Central Avenues 4,437,000 -
Minnetonka Mills/5th St N Intersection 590,000 -
17th Avenue - 2,610,000
Pedestrian & Bicycle Access Improvements 27,500 30,000
Street Rehabilitation (Mill & Overlay)500,000 550,000
Street Sign Management 24,000 26,000
Street Lighting Upgrades - 200,000
Central Business District Lighting Upgrades - 40,000
Excelsior Fencing - 50,000
Total Expenditures and Other Financing Sources 5,578,500 3,506,000
Increase (Decrease) in Fund Balance (12,107) 6,272
Projected Ending Fund Balance 1,627,182 1,633,454
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 2026, the Equipment Replacement Fund has projected revenues of $625,935, with
no tax levy. $860,000 of requests were delayed until 2027.
The fund is projected to increase its net position by $15,176 and end 2026 with a net
position of $553,821.
2026 2027
Beginning Fund Balance 538,645 553,821
Revenues & Other Financing Sources
Tax Levy - 700,000
Equipment Charges 585,549 896,282
Sale of Equipment 35,000 35,000
Interest Earnings 5,386 5,538
Equipment Certificates - 623,400
Total Revenue & Other Financing Sources 625,935 2,260,220
Expenditures & Other Financing Uses
Current Expenditures 35,000 35,000
Capital Projects
Community Services - Activity Center 6,700 -
Community Services - Information Technology 328,125 526,766
Community Services - Inspections - -
Fire Vehicles & Equipment - 53,300
Police Vehicles & Equipment 195,934 788,750
Public Works: Parks/Forestry 45,000 469,609
Public Works: Streets/Traffic - 339,700
Public Works: Building/Equipment Services 54,143
Total Expenditures and Other Financing Sources 610,759 2,267,268
Increase (Decrease) in Fund Balance 15,176 (7,048)
Projected Ending Fund Balance 553,821 546,773
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 Central Park Renovation is included for $14,000,000 over two years. Funding
sources for the project include grants, park dedication fees, storm sewer fund
contributions and bond proceeds. The City has secured grant funding of $6.5 million
from the Minnesota Pollution Control Agency ($5M) and Nine Mile Creek Watershed
($1.5M). The City has identified approximately $2.4 million in additional grants to
pursue. The cash flow projections is based on receiving $1M out of the possible $2.4M.
In 2025, the Park Improvement Fund has projected revenues of $5,865,805 and
projected expenditures of $6,139,400. The fund is projected to decrease its fund
balance by $273,595 and end 2026 with a fund balance of $806,887.
2026 2027
Projected Beginning Fund Balance
Restricted for Park Dedication Costs 396,807 396,807
Committed for Park Improvements & Maintenance 683,675 410,080
Total Projected Begining Fund Balance 1,080,482 806,887
Revenues & Other Financing Sources
Franchise Fees 355,000 355,000
Grants 3,500,000 2,500,000
Grants - Pending - 1,000,000
Park Dedication Fees - 1,700,000
Interest Earnings 10,805 8,069
Bond Proceeds - 3,200,000
Transfers In - Storm Sewer Fund 2,000,000 -
Total Revenue & Other Financing Sources 5,865,805 8,763,069
Expenditures & Other Financing Uses
Current Expenditures 15,000 15,000
Capital Projects
Shady Oak Beach Improvements 59,400 3,300
Central Park Renovation 5,500,000 8,500,000
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 -
Repair Elmo and Raspberry Park Play Courts - 90,000
Maetzold Field Lighting - 150,000
Debt Service Transfers
Cottageville Park Bonds 120,000 120,000
Burnes Park Bonds 150,000 -
Total Expenditures and Other Financing Sources 6,139,400 8,878,300
Increase (Decrease) in Fund Balance (273,595) (115,231)
Projected Ending Fund Balance
Restricted for Park Dedication Costs 396,807 296,807
Committed for Park Improvements & Maintenance 410,080 394,849
Total Projected Ending Fund Balance 806,887 691,656
Park Improvement Fund - Projected Cash Flows
2026 through 2030
CAPITAL IMPROVEMENT PLAN - FIRST DRAFT
Hopkins, MN CIPDepartment Summary
Department 2026 2027 2028 2029 2030 Total
City Hall Administration 230,000 222,000 850,000 1,302,000
Comm Svcs - Activity Center 15,000 40,000 25,000 19,000 99,000
Comm Svcs - Arts Center 42,000 938,000 105,000 1,085,000
Depot/ACE Program 32,500 32,500 65,000
Fire 550,000 159,000 709,000
Pavilion 75,000 206,500 18,000 299,500
Public Works: Bldg/Equip Serv 90,000 1,705,000 1,795,000
Public Works: Parks 5,795,000 13,240,000 4,500,000 250,000 23,785,000
Public Works: Streets/Traffic 10,028,500 9,496,000 8,071,500 11,092,900 9,122,900 47,811,800
Public Works: Utilities 874,000 5,105,000 132,500 120,000 6,231,500
Recreation 180,000 10,000 10,000 10,000 210,000
GRAND TOTAL 17,272,000 29,930,000 15,399,000 11,399,900 9,391,900 83,392,800
Produced Using Plan-It CIP Software
2026 through 2030
CAPITAL IMPROVEMENT PLAN - FIRST DRAFT
Hopkins, MN CIPProjects By Department
Department Project #2026 2027 2028 2029 2030 Total
Council Chambers HVAC Unit 09-CIP-CH032 22,000 22,000
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/PD Boilers 90,000 90,000
Replace PD 40ton Rooftop HVAC 140,000 140,000
City Hall Administration Total 230,000 222,000 850,000 0 0 1,302,000
Comm Svcs - Activity Center
Activity Center Tables 14-CIP-AR033 19,000 19,000
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 - Camera/Surveillance
System 15,000 15,000
Comm Svcs - Activity Center Total 15,000 40,000 25,000 0 19,000 99,000
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 30,000 30,000 60,000
Arts Center - Roof Replacement 19-CIP-AR007 750,000 750,000
Arts Center - Restroom Remodel 24-CIP-AR009 105,000 105,000
Arts Center - Theater Microphones 12,000 12,000
Comm Svcs - Arts Center Total 42,000 938,000 105,000 0 0 1,085,000
Depot/ACE Program
Depot - Exterior Door Replacement 32,500 32,500 65,000
Depot/ACE Program Total 32,500 32,500 0 0 0 65,000
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 0 550,000 0 159,000 0 709,000
City Hall Administration
Produced Using Plan-It CIP Software
Pavilion
Pavilion Team Room HVAC Unit 16-CIP-PV329 18,000 18,000
Pavilion - Arena Exit Door Replacement 20-CIP-PV334 75,000 17,500 92,500
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 Total 75,000 206,500 0 18,000 0 299,500
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 90,000 1,705,000 0 0 1,795,000
Public Works: Parks
Shady Oak Beach - Play Equipment 13-CIP-P067 250,000 250,000
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 5,500,000 8,500,000 14,000,000
Downtown Park Stage - Electric 24-CIP-P078 25,000 25,000
Valley Park Basketball Court 24-CIP-P079 60,000 60,000
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
Public Works: Parks Total 5,795,000 13,240,000 4,500,000 0 250,000 23,785,000
Public Works: Streets/Traffic
Residential Street Improvements and
Utilities 01-CIP-S101 8,877,000 7,298,000 7,662,900 7,662,900 31,500,800
County Road 3 01-CIP-S104 2,300,000 2,300,000
Pedestrian & Bicycle Access
Improvements 13-CIP-S040 27,500 30,000 32,500 35,000 120,000 245,000
Street Rehabilitation Improvements 16-CIP-S041 500,000 550,000 575,000 600,000 625,000 2,850,000
Street Sign Management 16-CIP-S042 24,000 26,000 26,000 76,000
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
Trail Segment - Bellgrove 20-CIP-S006 100,000 100,000
Mainstreet Banner Pole Installation 23-CIP-S007 120,000 130,000 250,000
Excelsrior Blvd. Fencing 23-CIP-S008 50,000 50,000 50,000 50,000 200,000
17th Ave Reconstruction 24-CIP-S010 8,600,000 8,600,000
Public Works: Streets/Traffic Total 10,028,500 9,496,000 8,071,500 11,092,900 9,122,900 47,811,800
Department Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
Public Works: Utilities
Storm Drainage System Maintenance -
Alley Repairs 01-CIP-U002 29,000 30,000 32,500 35,000 126,500
Sewer Lining 18-CIP-U016 75,000 75,000 80,000 85,000 315,000
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
Phase 3 SCADA Fiber 500,000 500,000
Public Works: Utilities Total 874,000 5,105,000 132,500 120,000 0 6,231,500
Recreation
Shady Oak Beach Improvements 16-CIP-R003 180,000 10,000 10,000 10,000 210,000
Recreation Total 180,000 10,000 10,000 10,000 0 210,000
GRAND TOTAL 17,272,000 29,930,000 15,399,000 11,399,900 9,391,900 83,392,800
Department Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
2026 through 2030
CAPITAL IMPROVEMENT PLAN - FIRST DRAFT
Hopkins, MN CIPFunding Source Summary
Source 2026 2027 2028 2029 2030 Total
AC - Arts Center Fund 30,000 188,000 105,000 323,000
CI - Capital Improvement Fund 262,500 1,612,500 1,780,000 159,000 19,000 3,833,000
CR - Current Revenues - Tax Levy 290,000 140,000 395,000 715,000 1,540,000
Equipment Replacement Fund 27,000 27,000
GA - Grant-In-Aid 3,500,000 5,750,000 2,250,000 11,500,000
GU - Other Governmental Units 120,600 6,700 6,700 1,606,700 1,740,700
MS - Municipal State Aid Streets 3,790,000 700,000 4,490,000
PA - Pavilion Fund 75,000 206,500 18,000 299,500
PDF- Park Dedication Fund 354,400 4,293,300 2,253,300 3,300 250,000 7,154,300
PI - PIR/General Obligation Bonds 4,454,500 5,636,000 4,913,500 5,229,000 5,239,000 25,472,000
RF - Refuse Fund 18,000 50,000 68,000
SA - Special Assessment 1,124,000 780,000 650,000 682,500 682,500 3,919,000
SF - Sanitary Sewer Fund 1,877,000 693,000 1,980,000 1,817,500 1,732,500 8,100,000
SU - Storm Sewer Fund 3,171,000 548,000 822,500 602,000 567,000 5,710,500
WF - Water Fund 2,276,000 6,118,000 448,000 186,900 186,900 9,215,800
GRAND TOTAL 17,272,000 29,930,000 15,399,000 11,399,900 9,391,900 83,392,800
Produced Using Plan-It CIP Software
2026 through 2030
CAPITAL IMPROVEMENT PLAN - FIRST DRAFT
Hopkins, MN CIPProjects By Funding Source
Source Project #2026 2027 2028 2029 2030 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 30,000 30,000 60,000
Arts Center - Restroom Remodel 24-CIP-AR009 105,000 105,000
AC - Arts Center Fund Total 30,000 188,000 105,000 0 0 323,000
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 22,000 22,000
City Hall AC Rooftop Units 09-CIP-CH035 60,000 60,000
Activity Center Tables 14-CIP-AR033 19,000 19,000
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
City Hall/Police Station - Roof
Replacement 23-CIP-CH038 140,000 850,000 990,000
Activity Center - Gender Neutral
Bathroom 24-CIP-AC057 40,000 40,000
Activity Center - Gymnasium Floor 24-CIP-AC058 25,000 25,000
Depot - Exterior Door Replacement 32,500 32,500 65,000
Replace PD 40ton Rooftop HVAC 140,000 140,000
City Hall/PD Boilers 90,000 90,000
CI - Capital Improvement Fund Total 262,500 1,612,500 1,780,000 159,000 19,000 3,833,000
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
Mainstreet Banner Pole Installation 23-CIP-S007 120,000 130,000 250,000
Excelsrior Blvd. Fencing 23-CIP-S008 50,000 50,000 50,000 50,000 200,000
CR - Current Revenues - Tax Levy Total 0 290,000 140,000 395,000 715,000 1,540,000
Produced Using Plan-It CIP Software
Equipment Replacement Fund
Activity Center - Camera/Surveillance
System 15,000 15,000
Arts Center - Theater Microphones 12,000 12,000
Equipment Replacement Fund Total 27,000 0 0 0 0 27,000
GA - Grant-In-Aid
Central Park Renovation 23-CIP-P076 3,500,000 3,500,000 7,000,000
Oakes & Valley Parks Recreation &
Resilience Hubs 24-CIP-P081 2,250,000 2,250,000 4,500,000
GA - Grant-In-Aid Total 3,500,000 5,750,000 2,250,000 0 0 11,500,000
GU - Other Governmental Units
County Road 3 01-CIP-S104 1,600,000 1,600,000
Shady Oak Beach Improvements 16-CIP-R003 120,600 6,700 6,700 6,700 140,700
GU - Other Governmental Units Total 120,600 6,700 6,700 1,606,700 0 1,740,700
MS - Municipal State Aid Streets
County Road 3 01-CIP-S104 700,000 700,000
17th Ave Reconstruction 24-CIP-S010 3,790,000 3,790,000
MS - Municipal State Aid Streets Total 0 3,790,000 0 700,000 0 4,490,000
PA - Pavilion Fund
Pavilion Team Room HVAC Unit 16-CIP-PV329 18,000 18,000
Pavilion - Arena Exit Door Replacement 20-CIP-PV334 75,000 17,500 92,500
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
PA - Pavilion Fund Total 75,000 206,500 0 18,000 0 299,500
PDF- Park Dedication Fund
Shady Oak Beach - Play Equipment 13-CIP-P067 250,000 250,000
Shady Oak Beach Improvements 16-CIP-R003 59,400 3,300 3,300 3,300 69,300
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 1,800,000 1,800,000
Downtown Park Stage - Electric 24-CIP-P078 25,000 25,000
Valley Park Basketball Court 24-CIP-P079 60,000 60,000
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
PDF- Park Dedication Fund Total 354,400 4,293,300 2,253,300 3,300 250,000 7,154,300
Source Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
PI - PIR/General Obligation Bonds
Residential Street Improvements and
Utilities 01-CIP-S101 3,313,000 4,280,000 4,494,000 4,494,000 16,581,000
Pedestrian & Bicycle Access
Improvements 13-CIP-S040 27,500 30,000 32,500 35,000 120,000 245,000
Street Rehabilitation Improvements 16-CIP-S041 500,000 550,000 575,000 600,000 625,000 2,850,000
Street Sign Management 16-CIP-S042 24,000 26,000 26,000 76,000
Minnetonka Mills/5th St N Intersection
Improvement 20-CIP-S005 590,000 590,000
Trail Segment - Bellgrove 20-CIP-S006 100,000 100,000
Central Park Renovation 23-CIP-P076 3,200,000 3,200,000
17th Ave Reconstruction 24-CIP-S010 1,830,000 1,830,000
PI - PIR/General Obligation Bonds Total 4,454,500 5,636,000 4,913,500 5,229,000 5,239,000 25,472,000
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 18,000 50,000 0 0 68,000
SA - Special Assessment
Residential Street Improvements and
Utilities 01-CIP-S101 1,124,000 650,000 682,500 682,500 3,139,000
17th Ave Reconstruction 24-CIP-S010 780,000 780,000
SA - Special Assessment Total 1,124,000 780,000 650,000 682,500 682,500 3,919,000
SF - Sanitary Sewer Fund
Residential Street Improvements and
Utilities 01-CIP-S101 1,552,000 1,650,000 1,732,500 1,732,500 6,667,000
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 75,000 75,000 80,000 85,000 315,000
17th Ave Reconstruction 24-CIP-S010 600,000 600,000
Phase 3 SCADA Fiber 250,000 250,000
SF - Sanitary Sewer Fund Total 1,877,000 693,000 1,980,000 1,817,500 1,732,500 8,100,000
SU - Storm Sewer Fund
Residential Street Improvements and
Utilities 01-CIP-S101 1,132,000 540,000 567,000 567,000 2,806,000
Storm Drainage System Maintenance -
Alley Repairs 01-CIP-U002 29,000 30,000 32,500 35,000 126,500
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
Central Park Renovation 23-CIP-P076 2,000,000 2,000,000
17th Ave Reconstruction 24-CIP-S010 500,000 500,000
SU - Storm Sewer Fund Total 3,171,000 548,000 822,500 602,000 567,000 5,710,500
Source Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
WF - Water Fund
Residential Street Improvements and
Utilities 01-CIP-S101 1,756,000 178,000 186,900 186,900 2,307,800
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
17th Ave Reconstruction 24-CIP-S010 1,100,000 1,100,000
Phase 3 SCADA Fiber 250,000 250,000
WF - Water Fund Total 2,276,000 6,118,000 448,000 186,900 186,900 9,215,800
GRAND TOTAL 17,272,000 29,930,000 15,399,000 11,399,900 9,391,900 83,392,800
Source Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
2026 through 2030
EQUIPMENT REPLACEMENT PLAN - FIRST DRAFT
Hopkins, MN ERPDepartment Summary
Department 2026 2027 2028 2029 2030 Total
Comm Svcs - Activity Center 6,700 13,700 20,400
Comm Svcs - Arts Center 19,300 10,000 16,000 16,600 61,900
Comm Svcs - IT 328,125 526,766 294,168 403,909 437,843 1,990,811
Community Services 14,300 32,256 46,556
Fire 53,300 1,518,500 36,900 1,700,000 3,308,700
Pavilion 16,000 173,900 189,900
Police 195,934 788,750 360,232 387,625 671,664 2,404,205
Public Works: Bldg/Equip Serv 54,143 8,300 62,443
Public Works: Engineering 38,800 38,800
Public Works: Parks/Forestry 45,000 469,609 45,600 295,500 855,709
Public Works: Streets/Traffic 474,400 339,700 47,509 297,250 1,158,859
Sewer 87,000 87,000
Water 85,000 85,000 170,000
GRAND TOTAL 696,059 2,166,259 3,099,509 929,843 3,503,613 10,395,283
Produced Using Plan-It CIP Software
2026 through 2030
EQUIPMENT REPLACEMENT PLAN - FIRST DRAFT
Hopkins, MN ERPProjects By Department
Department Project #2026 2027 2028 2029 2030 Total
Activity Center - Floor Scrubber 01-ERP-0035 6,700 6,700
Activity Center Sound System/Public
Address System 01-ERP-0032 13,700 13,700
Comm Svcs - Activity Center Total 6,700 0 0 0 13,700 20,400
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 16,600 32,600
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 19,300 10,000 16,000 0 16,600 61,900
Comm Svcs - IT
Backup Server 01-ERP-0015 78,808 86,115 164,923
CH - Network Server 01-ERP-0003 28,684 29,545 30,431 31,344 32,284 152,288
Computers 01-ERP-0006 40,620 41,838 43,094 44,386 45,718 215,656
Core Network Switch 01-ERP-0012 45,000 53,735 98,735
Distribution Network Switches 01-ERP-0014 66,079 66,079
IT - Laptops for Mobile Computer Lab 01-ERP-0021 10,927 11,941 22,868
IT - Office 365 01-ERP-0017 85,652 89,935 94,431 99,153 104,111 473,282
IT - Patching Automation Software 01-ERP-0020 44,000 46,200 48,510 50,936 53,482 243,128
IT - Sandbox Security Appliance 01-ERP-0024 45,000 45,000
IT - Windows 10 Enterprise Upgrade 01-ERP-0022 44,558 45,895 47,271 48,690 50,150 236,564
PD - Network Server 01-ERP-0211 28,684 29,545 30,431 31,344 32,284 152,288
Permitting and Licensing Software
Upgrade 796DQPWR 120,000 120,000
Comm Svcs - IT Total 328,125 526,766 294,168 403,909 437,843 1,990,811
Community Services
Document Management Scanner (2)01-ERP-0008 14,300 14,300
Election Booths 01-ERP-0010 13,439 13,439
Electronic Inspections Processing 01-ERP-0052 18,817 18,817
Community Services Total 0 0 14,300 0 32,256 46,556
Comm Svcs - Activity Center
Produced Using Plan-It CIP Software
Fire
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
Floor Scrubber 01-ERP-0114 25,500 25,500
Ladder #7 01-ERP-0100 1,700,000 1,700,000
Thermal Imaging Camera (2)01-ERP-0112 20,000 20,000
Workout Equipment - Treadmill 01-ERP-0116 7,800 7,800
Fire Total 0 53,300 1,518,500 36,900 1,700,000 3,308,700
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 Total 16,000 173,900 0 0 0 189,900
Police
Armored Pick up Truck 01-ERP-0231 219,000 219,000
Building Video Server 01-ERP-0218 45,000 55,000 100,000
Camera Trailers 80,000 80,000
Farady Cell Phone Box 01-ERP-0232 5,100 5,100
HPD Treadmill 01-ERP-0233 7,000 7,000
K9 Squad 115,000 115,000
Marked Patrol Vehicles (8)01-ERP-0200 150,000 155,000 155,000 160,000 620,000
Police Equipment 01-ERP-0227 13,750 15,125 28,875
Police - Portable Radios 01-ERP-0215 356,664 356,664
Protestor Management - Equipment 01-ERP-0226 1,000 9,502 10,502
Protestor Management - Gas Masks 01-ERP-0225 13,034 12,033 25,067
PSO / Parking Enforcement Vehicle 01-ERP-0202 75,000 75,000
PSO - Utility 4x4 01-ERP-0203 95,000 100,000 195,000
Sergeant's Vehicle 01-ERP-0201 77,500 77,500
Squad Car Rifles 20,000 20,000
Squad Computers 01-ERP-0220 140,000 140,000
Tactical Ballistic Vests / Helmets - SWAT 01-ERP-0214 14,000 88,697 102,697
Taser Replacement 01-ERP-0217 224,000 224,000
WolffTracker 01-ERP-0230 2,800 2,800
Police Total 195,934 788,750 360,232 387,625 671,664 2,404,205
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 54,143 0 8,300 0 62,443
Public Works: Engineering
Engineering Van 01-ERP-0700 38,800 38,800
Public Works: Engineering Total 0 0 0 0 38,800 38,800
Department Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
Public Works: Parks/Forestry
3/4 Ton Utility Truck 01-ERP-0802 48,700 48,700
4x4 3/4Ton Trucks (2)01-ERP-0801 108,000 108,000
Aerial Lift 01-ERP-0805 228,900 228,900
Bobcat S70 835 01-ERP-835 45,000 45,000
Forestry Boom/Chipper Box Truck 01-ERP-0818 240,000 240,000
Grass Seed Applicator (Overseeder)01-ERP-0817 17,900 17,900
Large Turf Mower 01-ERP-0810 121,609 121,609
Skid Loader 01-ERP-0815 45,600 45,600
Public Works: Parks/Forestry Total 45,000 0 469,609 45,600 295,500 855,709
Public Works: Streets/Traffic
1 Ton Traffic Boom Truck 01-ERP-0304 136,400 136,400
4x2 1 Ton Dump Truck 01-ERP-0302 77,800 77,800
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
Single Axle Dump Truck (2)01-ERP-0305 210,600 210,600
Skid Loader (2)01-ERP-0309 59,700 59,700
Striper 01-ERP-0313 16,000 16,000
Trailer 01-ERP-0316 8,850 8,850
Trailer 01-ERP-0323 30,000 30,000
Public Works: Streets/Traffic Total 0 474,400 339,700 47,509 297,250 1,158,859
Sewer
3/4 Ton Utility Truck 01-ERP-0551 87,000 87,000
Sewer Total 0 0 87,000 0 0 87,000
Water
3/4 Ton Truck 01-ERP-0500 85,000 85,000
3/4 Ton Utility Truck 01-ERP-0501 85,000 85,000
Water Total 85,000 85,000 0 0 0 170,000
GRAND TOTAL 696,059 2,166,259 3,099,509 929,843 3,503,613 10,395,283
Department Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
2026 through 2030
EQUIPMENT REPLACEMENT PLAN - FIRST DRAFT
Hopkins, MN ERPFunding Source Summary
Source 2026 2027 2028 2029 2030 Total
AC - Arts Center Fund 19,300 10,000 16,000 16,600 61,900
Equipment Replacement Fund 575,759 1,909,359 2,996,509 929,843 3,494,614 9,906,084
PA - Pavilion Fund 16,000 173,900 189,900
SF - Sanitary Sewer Fund 87,000 87,000
WF - Water Fund 85,000 85,000 170,000
GRAND TOTAL 696,059 2,178,259 3,099,509 929,843 3,511,214 10,414,884
Produced Using Plan-It CIP Software
2026 through 2030
EQUIPMENT REPLACEMENT PLAN - FIRST DRAFT
Hopkins, MN ERPProjects By Funding Source
Source Project #2026 2027 2028 2029 2030 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 16,600 32,600
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 19,300 10,000 16,000 0 16,600 61,900
Equipment Replacement Fund
1 Ton Traffic Boom Truck 01-ERP-0304 136,400 136,400
3/4 Ton Utility Truck 01-ERP-0802 48,700 48,700
4x2 1 Ton Dump Truck 01-ERP-0302 77,800 77,800
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
Activity Center Sound System/Public
Address System 01-ERP-0032 13,700 13,700
Aerial Lift 01-ERP-0805 228,900 228,900
Armored Pick up Truck 01-ERP-0231 219,000 219,000
Asphalt Hot Mix Heating Box - Trailer 01-ERP-0318 31,509 31,509
Backup Server 01-ERP-0015 78,808 86,115 164,923
Bobcat S70 835 01-ERP-835 45,000 45,000
Building Video Server 01-ERP-0218 45,000 55,000 100,000
Camera Trailers 80,000 80,000
CH - Network Server 01-ERP-0003 28,684 29,545 30,431 31,344 32,284 152,288
Computers 01-ERP-0006 40,620 41,838 43,094 44,386 45,718 215,656
Core Network Switch 01-ERP-0012 45,000 53,735 98,735
Distribution Network Switches 01-ERP-0014 66,079 66,079
Document Management Scanner (2)01-ERP-0008 14,300 14,300
Election Booths 01-ERP-0010 13,439 13,439
Electronic Inspections Processing 01-ERP-0052 18,817 18,817
Engineering Van 01-ERP-0700 38,800 38,800
Extrication Tool (1)01-ERP-0109 36,900 36,900
Farady Cell Phone Box 01-ERP-0232 5,100 5,100
Fire - Lucus Device 01-ERP-0127 18,500 18,500
Fire Pumper (Engine 3)01-ERP-0101 1,500,000 1,500,000
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
Grass Seed Applicator (Overseeder)01-ERP-0817 17,900 17,900
Hot Water High Pressure Vehicle Washer 01-ERP-0711 8,300 8,300
HPD Treadmill 01-ERP-0233 7,000 7,000
IT - Laptops for Mobile Computer Lab 01-ERP-0021 10,927 11,941 22,868
IT - Office 365 01-ERP-0017 85,652 89,935 94,431 99,153 104,111 473,282
IT - Patching Automation Software 01-ERP-0020 44,000 46,200 48,510 50,936 53,482 243,128
IT - Sandbox Security Appliance 01-ERP-0024 45,000 45,000
Produced Using Plan-It CIP Software
IT - Windows 10 Enterprise Upgrade 01-ERP-0022 44,558 45,895 47,271 48,690 50,150 236,564
K9 Squad 115,000 115,000
Ladder #7 01-ERP-0100 1,700,000 1,700,000
Large Turf Mower 01-ERP-0810 121,609 121,609
Marked Patrol Vehicles (8)01-ERP-0200 0 150,000 155,000 155,000 160,000 620,000
PD - Network Server 01-ERP-0211 28,684 29,545 30,431 31,344 32,284 152,288
Permitting and Licensing Software
Upgrade 796DQPWR 120,000 120,000
Police Equipment 01-ERP-0227 13,750 15,125 28,875
Police - Portable Radios 01-ERP-0215 356,664 356,664
Protestor Management - Equipment 01-ERP-0226 1,000 9,502 10,502
Protestor Management - Gas Masks 01-ERP-0225 13,034 12,033 25,067
PSO / Parking Enforcement Vehicle 01-ERP-0202 75,000 75,000
PSO - Utility 4x4 01-ERP-0203 95,000 100,000 195,000
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
Sergeant's Vehicle 01-ERP-0201 77,500 77,500
Single Axle Dump Truck (2)01-ERP-0305 210,600 210,600
Skid Loader 01-ERP-0815 45,600 45,600
Skid Loader (2)01-ERP-0309 59,700 59,700
Squad Car Rifles 20,000 20,000
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 14,000 88,697 102,697
Taser Replacement 01-ERP-0217 224,000 224,000
Thermal Imaging Camera (2)01-ERP-0112 20,000 20,000
Tire Balancer 01-ERP-0713 12,000 12,000
Trailer 01-ERP-0316 8,850 8,850
Trailer 01-ERP-0323 30,000 30,000
Wi-Fi and Cellular 01-ERP-0013 7,601 7,601
WolffTracker 01-ERP-0230 2,800 2,800
Workout Equipment - Treadmill 01-ERP-0116 7,800 7,800
Equipment Replacement Fund Total 575,759 1,909,359 2,996,509 929,843 3,494,614 9,906,084
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
PA - Pavilion Fund Total 16,000 173,900 0 0 0 189,900
SF - Sanitary Sewer Fund
3/4 Ton Utility Truck 01-ERP-0551 87,000 87,000
SF - Sanitary Sewer Fund Total 0 0 87,000 0 0 87,000
Source Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software
WF - Water Fund
3/4 Ton Truck 01-ERP-0500 85,000 85,000
3/4 Ton Utility Truck 01-ERP-0501 85,000 85,000
WF - Water Fund Total 85,000 85,000 0 0 0 170,000
GRAND TOTAL 696,059 2,178,259 3,099,509 929,843 3,511,214 10,414,884
Source Project #2026 2027 2028 2029 2030 Total
Produced Using Plan-It CIP Software