2024-28 Capital Improvement Plan

2024 2028 thru

Capital Improvement Plan City of Shakopee, Minnesota

Project #

BA-28-003

Project Name Outdoor LED Lighting Conversions

Contact Assistant City Administrator Department Building Internal Service Fund

Type Buildings

Useful Life 20

Category Facilities

Priority 2 Important-Provide Efficiencies/

Project Code BA2803

Accounting Code

Fund Building Asset IS Fund

Status Active

Description Convert outdoor lighting to LED fixtures at City Hall, Police Department, Public Works, Fire Stations 1 and 2, and 500 Gorman Street. Total Project Cost: $65,000

Justification Conversion to LED lighting will decrease the amount spent in time and supplies, and decrease overall energy costs. Typical payback for LED lighting conversions is between three and seven years, and if grants become available they will be applied for and utilized as part of the funding strategy.

Expenditures

Total

2024

2025

2026

2027

2028

Construction/Maintenance

65,000

65,000

65,000

65,000

Total

Funding Sources

Total

2024

2025

2026

2027

2028

Building Internal Service Fund

65,000

65,000

65,000

65,000

Total

Budget Impact/Other

198