2021 City of Shakopee Budget

155

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. New to the city that was developed in 2020 is a DRAFT long-term 15-year that will help long-term financial planning. In 2020, the city milled and overlaid 5.9 miles of streets, reconstructed 2.67 miles of streets, constructed 1.0 miles of new public roadway (Unbridled Avenue), rehabilitated 1.8 miles of streets and constructed 2.3 miles of new trail. 2021 will be another busy year with the continued redevelopment of Canterbury Commons, including reconstruction of the final perimeter road on the west side (County Road 83). Additionally, another notable project includes 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 and trail, alley 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.

Capital Improvement Program: The City prepares a five year capital improvement program (CIP). A separate CIP document was approved by Council on September 15, 2020. 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.