City of Northfield
Capital Improvement Plan 2008 -2012 Public Input Session #1 June 2, 2008
Purpose of the hearing To initiate public discussion as a kick-off for the next five year CIP plan covering the years 2009 through 2013 Educational forum – highlighting the City’s capital needs in light of the City’s and community’s ability to pay for the needed / desired improvements
Council Subcommittee on the CIP History – Council subcommittee format - experiment initiated by the Mayor in early 2007 Capital improvement planning selected as focal point for the group
Why capital planning? Previous CIP documents were little more than wish lists – without consideration of the City’s ability to finance; City’s history of deferring major projects, maintenance on facilities and streets contrasted with decision to proceed with a single major project without consideration of other needs (pool);
Why capital planning? At this time the City is faced with a number of major facility upgrades / replacements – City Hall, Safety Center and Library; Annual street improvement program inconsistent – abandoned in early 2000’s when State Aid / budget cuts occurred;
Why capital planning? Given the needs – Council knew it was imperative that a process and schedule to plan for capital improvements be developed; City has completed or in the process of conducting major studies on utility systems, streets, facilities and parks that will help guide projects in the future.
The work of the Council Subcommittee on the CIP Development of a draft CIP policy – Establishes annual schedule for the development and review of the five-year plan; Eliminates decisions being made in isolation as was done with the pool; Provides a framework in which to assemble, evaluate and rank all projects – in terms of project priority and project financing.
The work of the Council Subcommittee on the CIP New format for the CIP document to provide the community sufficient details on projects / financing with appropriate context – basis of need / studies / long-range plans. Research on alternative revenue sources to help finance capital projects – franchise fee / local option sales tax.
The work of the Council Subcommittee on the CIP The subcommittee and the full Council need public input at this point and going forward
To assess the community’s support of projects and their timing; To help determine what level of debt the community will support
The draft 2008 – 2012 CIP Organizes the projects and proposed financing by major category –
City Facilities Streets & Related Infrastructure Housing & Economic Development Enterprise Operations Community Enhancements
Key projects – 2008 and 2009 City Facilities category:
Energy performance improvements (in process) throughout the City’s facilities; Major renovation of City Hall (in lieu of a new facility) (2008); Land acquisition / planning & design of new Safety Center (2009).
Key projects – 2008 and 2009 City Streets & Related Infrastructure category:
Construction of the Mill Towns Trail and Riverside Trail Connection (2008); Woodley Street Reconstruction – from Division to Prairie (2008 design – 2009 construction);
Key projects – 2008 and 2009 Streets – continued:
5th Street Infrastructure Replacement & Water Street Parking / River edge improvements; 1st Street Reconstruction; 2008 design / 2009 4th Street Reconstruction; Construction 8th Street Reconstruction;
Key projects – 2008 and 2009 Housing & Economic Development:
Land acquisition for affordable housing project (2008 – complete); North Avenue improvement – related to the development of 3rd business and industrial park (2009).
Key projects – 2008 and 2009 Enterprise Operations:
New Liquor Store construction (2008 / 2009); Water Utility – cold storage facility; Wastewater Utility – Babcock Park Interceptor construction (2008) and the southern Cannon River Crossing interceptor (2009); Storm Water – east dam retaining wall (2008).
Key projects – 2008 and 2009 Community Enhancements:
Energy performance improvements at the Ice Arena and Community Resource Center (2008); Heywood Park (2008) and Skate Park development (2009) have been identified by the PRAB as priority projects; Lighting system controls for Northfield baseball and softball fields (2009); Old Memorial Field Park development (2009); Streetscape – Way finding and Gateway projects (2008 & 2009).
Financing Capital Improvements Sources:
Outside Sources Cash on hand Debt financing New revenue sources
Financing Capital Improvements Outside sources – from other governments – Federal, State and County, but also includes special assessments and private contributions Cash on hand – certain funds are restricted and may only be used for specific projects Debt financing – there are restrictions on the types of bonds which may be issued for a specific project
Financing the 2008 – 2012 CIP Thousands
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0 2008
2009
Outside sources
2010
Cash on hand
2011
Debt financing
2012
Property Tax Levy - History Thousands $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 2004
General Fund
2005
2006
Capital Needs
2007
2008 Proposed
Bonded Debt / Other
2008 Revised
Financing the 2008 – 2012 CIP Existing Debt - Projected Tax Levy $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Financing the 2008 – 2012 CIP
Thousands
Existing & New Debt - Projected Tax Levy $3,500 $3,000 $2,500
New Debt roads
$2,000 $1,500
New Debt facilities
$1,000 $500
existing debt
$0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Financing the 2008 – 2012 CIP
$3,000 $2,500 New Debt roads
$2,000 $1,500
New Debt facilities
$1,000 $500
existing debt
18 20
17 20
16 20
15 20
14 20
13 20
12 20
11 20
10 20
09 20
08
$20
Thousands
Existing & New Debt - Projected Tax Levy with Franchise Fee and Local Options Sales Tax Offsets
Impact of the CIP – owner of a $220,000 home $500
$450
$400
$350
$300 New Debt $250
$200
$150
$100
Existing Debt
$50
$0 2008
2009
2010
2011
2012
2013
Impact of the CIP – owner of a $220,000 home with franchise fee and local option sales tax offsets $500 $450 $400 $350 $300 $250 $200 $150 $100 $50 $2008
2009
2010
2011
2012
2013
Impact of the CIP – owner of a $600,000 commercial property $2,500
$2,000
$1,500
$1,000
$500
$2008
2009
2010
2011
2012
2013
Impact of the CIP – owner of a $600,000 commercial property with franchise fee and local option sales tax offsets $2,500
$2,000
$1,500
$1,000
$500
$2008
2009
2010
2011
2012
2013
Public Comments Submit questions, comments over the next two months; Subcommittee will incorporate input into the 2009 – 2013 CIP
How to submit comments At this meeting or at a future Council meeting during the Open Public Comments section; Complete a “Comment / Information Request Card� Call, write or email us