2022 City of Shakopee Budget

153

Budget Impact:

Strategic long-term planning results in a viable, sustainable infrastructure. The five-year capital improvement plan is the workhorse for this planning. Under the plan, projects are developed, planned, and initiated. Why is this important? Without it, the city’s infrastructure would begin to fail beyond a point of no return, which could basically bankrupt a city. Additionally, a long-term 15-year capital improvement plan continues to be updated that helps the city's long-term financial planning.

In 2021, the city completed the following infrastructure improvements:

ꞏ Milled and overlaid 7.1 miles of streets ꞏ Reconstructed 0.49 miles of streets, 3 alley blocks, and the Fire Station #1 concrete parking lot ꞏ Rehabilitated 1.7 miles of streets ꞏ Constructed 1.2 miles of new bituminous trail and 0.5 miles of boardwalk at Ridge Creek Park ꞏ Reconstructed 0.7 miles of bituminous trail ꞏ Constructed a new pedestrian bridge crossing of the Minnesota River backwaters at Memorial Park

Capital Improvement Program: The City prepares a five year capital improvement program (CIP). A separate CIP document was approved by Council on September 21, 2021. The CIP book provides a summary of each project location, description and source and use of funds. The CIP book also provides a cashflow for the fund. 2022 will be another busy year with the continued redevelopment of Canterbury Commons, including reconstruction of the final perimeter road on the east side (County Road 83). Additionally, another notable project will include the extension of public water and sanitary sewer to the Maras Street - Hansen Avenue area in the northeast area of the city. Similar mill and overlay, reconstruction, and rehabilitation projects are proposed and other sanitary sewer, storm sewer, trail, and park projects are slated for the upcoming year. The city has a well-rounded and skilled staff in place to deliver many of these projects internally, while relying on outside consultants as needed. If you see a roadway with potholes, you can call Public Works and may find that rehabbing that roadway is in our long- term strategic plan. If not, we need to get it in there.