2018 City of Shakopee Budget

138

2018 Annual Budget

Park Reserve Fund

Fund:

Description of Services:

The park reserve provides for the acquisition and improvements on City Parks. These services are overseen by the Park and Recreation Director with the help of other staff as required.

Key Measures:

Actual

Actual

Projected

Projected

2015

2016

2017

2018

Number of Projects

4

1

1

2

Park Dedication Collected Number of Park Facilities

$934,456

$549,594

$880,900

$600,000

34

34

34

35

Budget Impact:

The City of Shakopee has 35 unique parks that are part of more than 600 acres of park and open space within the city. As we grow, we continue to build out our amazing park system with park dedication fees received from developers, grants and donations. Over the years our youth sports associations have contributed more than $400,000 to enhance our park system, and again in 2017, the Shakopee Youth Baseball Association contributed $75,000 to complete the Tahpah West ballfield. Our parks range from tot lots to large community parks. A large, unique and amazing opportunity that we have had is to reclaim a retired quarry and turn it into a regional destination. Phase I of Quarry Lake Park was completed in 2017 laying the ground work for the remaining park to be developed. The park is 111 acres, so developing it takes time. Phase II of the park is currently planned for 2018, contingent on funding. Phase II will add 3 miles of trails for our residents to utilize whether they are exercising or just enjoying the natural beauty of the area. Other ways we can develop parks is to work with the developers one on one to build a park during the development process. This is the goal of the park to be developed on Jennifer Lane. The developer is building this area out in phases and has dedicated park land during the first phase. During the second phase, the developer will build a portion of the park with the park dedication fees owed for that phase. We will work with the developer on the design and amenities desired by the community.

The Park Reserve Fund changes each year as new developments come in and as parks get developed.