2023-2027 Capital Improvement Plan

2023 2027 thru

Capital Improvement Plan City of Shakopee, Minnesota

Project #

Equip-23-421

Project Name Public Works Street: Skidsteer Loader

Contact Public Works Director Department Equipment Internal Serv. Fund

Type Equipment

Useful Life 1

Category Public Works

Priority 2 Important-Provide Efficiencies/

Accounting Code 7800.1740 100042

Fund Capital Equipment Internal Serv

Status Active

Description 2023: Replace sk1376 Bobcat S595 Skidsteer Wheel Loader from 2022. 2024: Replace Bobcat S595 Skidsteer Wheel Loader from 2023. 2025: Replace Bobcat S595 Skidsteer Wheel Loader from 2024. 2026: Replace Bobcat S595 Skidsteer Wheel Loader from 2025. 2027: Replace Bobcat S595 Skidsteer Wheel Loader from 2026. Total Project Cost: $37,000

Justification Repurchase agreement: 1-year. Annual repurchase agreements typically cost less and save on maintenance expense and time with their continuous warranty.

Expenditures

Total

2023

2024

2025

2026

2027

Equip/Vehicles/Furnishings

7,000

7,200

7,400

7,600

7,800

37,000

7,000

7,200

7,400

7,600

7,800

37,000

Total

Funding Sources

Total

2023

2024

2025

2026

2027

Equipment Internal Service Fund

7,000

7,200

7,400

7,600

7,800

37,000

7,000

7,200

7,400

7,600

7,800

37,000

Total

Budget Impact/Other

99