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10.1 SR 05-20-2024City of Elk - River To City Council Meeting Date May 20, 2024 Item Description Concept Review: Twin Cities Land Development - City Sewer Service Request for Action Item Number 10.1 Prepared By Zack Carlton, Community Development Director Reviewed by: Zack Carlton Cal Portner Tina Allard Action Requested Provide the applicant with non -binding feedback regarding their proposed subdivision. Background/Discussion The applicant, Twin Cities Land Development, has proposed a residential subdivision previously reviewed by the City Council. The site has been the subject of two different proposals and is near the intersection of Ranch Road (CR 33) and Elk Lake Road (CR 1). The first proposal sought to develop the area as an urban site with lots less than 1/4 acre and served by city sewer and water. This proposal initiated a Utility Expansion Study which was discussed at a joint meeting of the City Council and Elk River Municipal Utilities in January 2023. The meeting consensus was that full services should not be extended to this site due to the cost and potential challenges with an urban -style subdivision disconnected from the rest of the city. The joint meeting also provided staff with guidance that the long-standing practice of extending both sewer and water together for new developments should remain as a standard practice. The second concept reviewed for this site proposed development consistent with our R- I b zoning code and includes lots of I -acre and up. The entire subdivision was proposed to include private wells and septic systems. The Council and Planning Commission generally supported the proposal, which included approximately 100 single-family home sites. The current applicant is seeking feedback regarding a project that would maintain the lower -density layout supported by the Council but would connect to the existing sanitary line that was installed to service the failed Windsor Park cluster system. The developer would like to install a collection system beneath the proposed street network and tie it into the city line at the SE corner of the project area. Each home would be serviced by a private well. The proposal is a departure from previous guidance of new developments being serviced by both city sewer and water. The proposal was presented to the Elk River Municipal Utilities (ERMU) Commission on May 14, 2024, for feedback regarding the typical practice of new developments connecting to both services. After a discussion outlining the challenges and timelines for extending water to this site and the merits of a project connecting to sanitary sewer without city water, the commission was generally comfortable with their proposal. The The Elk River Vision A avelcoming community with revolutionary and spirited resourcefulness, exceptional service, and community p p W E H E U A Y engagement that encourages and inspires prosperityI irk 430 Commission acknowledged that billing would be a challenge, but noted that the same practice is currently done elsewhere in the city. The developer also spoke during that meeting to note that this is a unique situation where they had an opportunity to address the common failure point of a rural subdivision by removing the septic systems. The ERMU Commission also discussed the capacity of the existing service line along with how the trunk fees for Windsor Park were assessed. Staff will provide additional information regarding capacity and fees during the meeting. Financial Impact None Mission/Policy/Goal Supports the growth and development of the residential community. Attachments I. Location Map 2. Project Narrative 3. Concept Overlay Page 418 of 430 75 °- - - - Irk 75-107-13 75-107-140 75!10�-2305 75-708-2300. , 108-24(1 +�• " 75.887�}105 75.16kzi fi 0 5IN meµ 75i69+4-oo4o s 3 fli 1 f:i _ + R 4 t A`4 r �• 4-1 T, Project Location Map Twin Cities Land Development G-Aicept _ vie-\V Case No: CR 24-0 Page 419 of 430 Ranch Road Development Acreage Lots in Elk River - Concept Plan The team at Twin Cities Land Development (TCLD) is pleased to propose a concept for a new residential neighborhood along Ranch Road in Elk River, MN. PROJECT SUMMARY The Ranch Road Development proposes: - —105 new construction, for -sale homes (across —217 gross acres) - A range of lot sizes for buyers to choose from (min 1 acres to 8+ acres) Our understanding is that alternative concepts for development at this location have been considered in the past, and that the City has generally indicated a desire for lower density housing within this area of the City. We agree that this is the highest and best use for this land, considering the beauty of the existing land and the surrounding community context. We are confident that there is very strong builder/home-buyer demand for larger acreage residential lots in Elk River. The overall layout of the neighborhood is designed to showcase and preserve the existing natural resources - a winding rural road and a new public trail will allow connections to nature and neighbors. The project proposes dedication of land to the City, which could be used to expand and enhance public access to the existing Burr Oak Park. 11 :ky/ A 1101:1►Vi 14►1191eTiL1III Through the development at Ranch Road, TCLD aims to achieve mutually desired community benefits for both existing and new residents in Elk River. Through the creation of a new, thoughtfully crafted residential neighborhood, Ranch Road Development strives to bring to life the City's vision for the Ranch Road Corridor in the following ways: 1. Residential Land Use: Encourage residential development with a variety of housing types that fosters high - quality, livable neighborhoods, supports the established character of the area, and fosters greater housing choice. Ranch Road Development is positioned between the more traditional Windsor neighborhood and surrounded by agricultural / rural land. The project proposes a mix of lot sizes that will provide a complementary buffer and transition between the existing uses. Ranch Road Development will help to expand the range of housing options available in the City of Elk River and provide much -needed new home -ownership opportunities. The neighborhood design allows for a range of price points and considers that many homebuyers today wish to be part of a community with a strong sense of place while also providing a sense of independence and open private space. 2. Parks / Connectivity: City comprehensive plans indicate a desire for new residential neighborhoods to provide new trail connections. Elk River's Trails Master Plan indicates a desire for regional trail connections in this general area of the City that can promote walkability and connect residents to public parks. Ranch Road Development proposes a new public trail that will connect new residents as well as existing area residents to the existing Burr Oak Park. In addition, the project proposes two areas of park land dedication totaling ^3 acres to expand the existing park area. We believe parks and trails are critical amenities for the community and are pleased to support this public interest. Ranch Road Development —Concept Plan 4.17.24 Page 420 of 430 3. Thoughtful Utility Design: Evaluate the pros/cons of septic versus municipal sewer service. Rural developments typically include individual wells and septic systems. The proposed concept plan has been sized in a manner that will support this traditional well/septic rural configuration. However, based on preliminary engineering review and analysis of the 2023 Feasibility Report prepared by WSB for the City of Elk River, we propose that there is a unique opportunity to provide homebuyers with a hybrid utility model; each lot can be served by individual wells for water service, yet can connect to Municipal Sewer via the existing Windsor Lift Station (as described in the Feasibility study through the Northwest Expansion area findings). This hybrid well/sewer configuration has been successfully executed in many communities and provides an appealing option for both homebuyers as well as municipalities. New lots would contribute Sewer Extension Costs and SAC Fees, providing the funding to support long-term maintenance — providing City control over the system's function. Homebuyers will benefit from the efficiencies and peace of mind that municipal sewer services provide, while retaining the sought-after rural feel and character that come with well -water and acreage lots. TCLD is seeking City feedback and interest in this proposed hybrid utility model. We sincerely appreciate your time, and all feedback, suggestions, or questions that the City may be able to provide. We look forward to the opportunity to collaborate with you to bring a shared vision to fruition for the Ranch Road Corridor. Thank you, GaWl.a DV*141ulL Twin Cities Land Development Ranch Road Development —Concept Plan 4.17.24 Page 421 of 430 TWIN CITIES LAND DEVELOPMENT ABOUT US The TCLD team has experience in every facet of Twin Cities real estate development, investment, and management. The project team has developed thousands of single-family and multi -family lots, establishing itself as the most prominent locally owned lot developer in the Twin Cities. As a trusted residential developer, our track record speaks for itself. Over the years, we have successfully brought numerous projects to life, earning a reputation for integrity, reliability, and exceptional results. Our diverse portfolio showcases our ability to adapt to evolving market trends and deliver projects that stand the test of time. Learn more at: www.TCLar LOCAL DEVELOPMENT EXPERIENCE 41 .G•ovnnR' ._ _r PlYm lhl •xalrrse gr �.a, nor. CT p 51 Puul ,. .. ql —' M-nnN,onka £dery Pr�vx QJ — ` } Eag" Project Lots City Status re„uvup Cnev.o- ��r '� cmu9 r c$nr ®Ewnsrllle 1 Forest Hill Farms 35 Forest Lake Completed n� a TO r AP* Ur, I+�,� o,,,l 2 Pleasant Creek 44 Prior Lake Completed �+erysrow+Fr„x:e 3Headwaters 54 Forest Lake Completed 4 Prairie Village 70 Hugo Completed 5Territory 25 Prior Lake Completed r ee+ecur ram. C�: 6 Pines at Elm Creek 58 Plymouth Completed 7 Boulder Ponds 95 Lake Elmo Completed 8 Adelaide Landing 324 Hugo Active 9Orono Preserve 39 [Orono Completed 10 Brayburn Trails 255 Dayton Active 11 Glen View Farm 141 Woodbury Active 12 Oakwood Ponds 210 Blaine Active 13 Mill Pond 93 Blaine Active 14 Gateway 16 Grant Completed 15 Woods of Medina 15 Medina Active 16 Lexington Waters 272 Blaine Active 17 Anton Village 335 St. Michael Active 1S Evanswood 365 Maple Grove Active 19 Brayburn Trails East 146 Dayton Active 20 Trott Brook Crossing 275 Ramsey Active Ranch Road Development —Concept Plan 4.17.24 Page 422 of 430 , zz rn 6 20 O OO 8 ' 1$ � ❑ / ,�,. Il �\ � i4\ _ /�l 79 �,.1 O6 � T �.� O � Yr_�_ - jq , i.� �3 �� 1 ❑ z 41 ��Y. `� � ,8. �� .. -_ � ❑ __ __ __ ________ ,,shy Tyi f ."^ tr ", y - __^_ - _ _ ,11 \ 01, K@gV'Q`,. s .}• 5 � ?. I Po, �9 u� '� i 'i'!�%,.lr y'�'�'�� il 15 em . w. # qp_, s& lz t, jj r� 74 �� � _ .,� 'io �-fir- � •�;. � 4W, P gO,423 of = _ - - = -t. ,. `� .'�,`s ma`s i��"`++��. ` %. : � �..'� :�%�w�•�r.;,. - "�- �;Q :1�. 5-14-2024 04:15 PM CITY OF ELK RIVER PAGE: 1 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2024 101-GENERAL FUND FINANCIAL SUMMARY 33.33% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE REVENUE SUMMARY General Fund 21,570,600.00 249,119.66 1,156,443.55 5.36 20,414,156.45 1,250,792.82 TOTAL REVENUES 21,570,600.00 249,119.66 1,156,443.55 5.36 20,414,156.45 1,250,792.82 EXPENDITURE SUMMARY General Government City Council 213,550.00 4,026.83 6.2,136.59 29.10 151,413.41 61,485.11 Communications 485,300.00 35,069.98 140,003.02 28.85 345,296.98 130,129.99 Administrative Services 721,850.00 53,371.56 216,732.24 30.02 505,117.76 206,577.67 Human Resources 426,550.00 24,872.53 122,140.53 28.63 304,409.47 119,785.50 Elections 75,500.00 889.69 25,588.59 33.89 49,911.41 6,213.68 Finance 800,750.00 120,296.32 304,570.02 38.04 496,179.98 263,337.13 Information Technology 731,500.00 47,175.82 176,349.38 24.11 555,150.62 173,694.45 Legal 275,000.00 56,963.25 82,080.32 29.85 192,919.68 67,323.88 Community Development 0.00 0.00 34,248.42 0.00 ( 34,248.42) 90,379.93 Planning 485,100.00 34,728.95 139,290.95 28.71 345,809.05 76,516.53 Building Maintenance 1,085,250.00 78,976.73 320,937.29 29.57 764,312.71 309,823.52 TOTAL General Government 5,300,350.00 456,371.66 1,624,077.35 30.64 3,676,272.65 1,505,267.39 Public Safety Police Administration 1,175,550.00 82,802.82 502,504.72 42.75 673,045.28 448,769.82 Patrol 3,780,150.00 262,927.99 1,105,057.00 29.23 2,675,093.00 1,107,618.97 Investigations 1,430,850.00 81,10.2.97 333,148.59 23.28 1,097,701.41 388,367.55 Police Support Services 945,800.00 60,657.43 240,650.16 25.44 705,149.84 202,109.74 Police Reserves 16,550.00 45.10 678.84 4.10 15,871.16 1,551.19 Public safety building 229,500.00 19,881.09 54,111.20 23.58 175,388.80 53,607.05 Fire Administration 1,332,800.00 71,233.97 338,838.19 25.42 993,961.81 336,885.31 Fire Operations 630,450.00 62,361.82 184,148.90 29.21 446,301.10 213,093.35 Emergency Management 34,750.00 5,139.80 6,276.77 18.06 28,473.23 6,293.40 Building Safety 625,500.00 46,588.91 188,691.61 30.17 436,808.39 178,050.99 Code Enforcement 126,000.00 9,548.49 37,901.48 30.08 88,098.52 35,071.23 Environmental 101,700.00 12,486.25 36,574.91 35.96 65,125.09 29,791.44 TOTAL Public Safety 10,429,600.00 714,776.64 3,028,582.37 29.04 7,401,017.63 3,001,210.04 Public Works Street Maintenance 1,742,150.00 116,359.73 452,264.34 25.96 1,289,885.66 427,240.35 Snow Removal 411,150.00 21,989.40 201,318.13 48.96 209,831.87 233,219.21 Equipment Services 397,300.00 34,155.93 122,898.80 30.93 274,401.20 99,159.51 Engineering 489,150.00 43,396.17 155,053.52 31.70 334,096.48 146,5.20.13 TOTAL Public Works 3,039,750.00 215,901.23 931,534.79 30.65 2,108,215.21 906,139.20 Page 424 of 430 5-14-2024 04:15 PM CITY OF ELK RIVER PAGE: 2 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2024 101-GENERAL FUND FINANCIAL SUMMARY Culture & Recreation Parks Department Parks & Rec Admin Recreation Programs Farmers Market Sr Citizen Programs TOTAL Culture & Recreation Economic Development Economic Development Energy City TOTAL Economic Development General TOTAL EXPENDITURES REVENUES OVER/(UNDER) EXPENDITURES 33.33% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE 1,743,700.00 107,399.16 430,356.66 24.68 1,313,343.34 327,024.11 621,100.00 80,676.39 215,356.55 34.67 405,743.45 175,177.23 181,550.00 2,920.14 21,700.36 11.95 159,849.64 26,050.98 9,500.00 ( 76.22) 489.96 5.16 9,010.04 762.73 196,000.00 16,442.60 61,614.85 31.44 134,385.15 51,761.02 2,751,850.00 207,362.07 729,518.38 26.51 2,022,331.62 580,776.07 0.00 3,282.72 35,807.49 0.00 ( 35,807.49) 29,479.13 49,050.00 2,102.72 8,916.16 18.18 40,133.84 8,100.44 49,050.00 5,385.44 44,723.65 91.18 4,326.35 37,579.57 21,570,600.00 1,599,797.04 6,358,436.54 29.48 15,.212,163.46 6,030,972.27 0.00 ( 1,350,677.38)( 5,201,992.99) 5,201,992.99 ( 4,780,179.45) Page 425 of 430 5-14-2024 04:15 PM CITY OF ELK RIVER PAGE: 3 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2024 101-GENERAL FUND 33.33% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY REVENUES BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE General Fund faxes 101-3-0000-3111 Current Ad Valorem Taxes 14,917,700.00 0.00 ( 3,325.92) 0.02- 14,921,025.92 0.00 101-3-0000-3112 Delinquent Ad Valorem Taxes 0.00 0.00 2,573.46 0.00 ( 2,573.46) 0.00 101-3-0000-3121 Gravel Tax 225,000.00 0.00 0.00 0.00 225,000.00 8,943.23 101-3-0000-3131 Penalties/Interest 0.00 0.00 75.2.46 0.00 ( 752.46) 0.00 TOTAL Taxes 15,142,700.00 0.00 0.00 0.00 15,142,700.00 8,943.23 Licenses & Permits 101-3-0000-3211 Liquor License 82,000.00 15,955.00 26,235.00 31.99 55,765.00 21,620.00 101-3-0000-3212 THC License 4,000.00 0.00 400.00 10.00 3,600.00 1,600.00 101-3-0000-3213 Cigarette License 4,000.00 0.00 450.00 11.25 3,550.00 300.00 101-3-0000-3214 Rental License 65,000.00 5,470.00 20,210.00 31.09 44,790.00 29,550.00 101-3-0000-3216 Mining License 26,000.00 0.00 0.00 0.00 26,000.00 0.00 101-3-0000-3217 Garbage Hauler License 2,500.00 110.00 2,505.00 100.20 ( 5.00) 765.00 101-3-0000-3218 Other Business License/Permit 16,000.00 1,180.00 4,590.00 28.69 11,410.00 6,460.00 101-3-0000-3229 NPDES Permit 23,000.00 1,575.00 2,100.00 9.13 20,900.00 ( 2,275.00) 101-3-0000-3.231 Building Permit 600,000.00 31,249.70 88,858.75 14.81 511,141.25 121,178.05 101-3-0000-3232 Plumbing/Heating Permit 160,000.00 7,029.58 25,914.81 16.20 134,085.19 38,800.92 101-3-0000-3233 Permit Surcharge 700.00 184.60 1,532.36 218.91 ( 832.36) 817.64 101-3-0000-3235 Animal License 0.00 0.00 50.00 0.00 ( 50.00) 560.00 101-3-0000-3237 Other Non-Business.Lic/Permit 25,000.00 565.00 3,786.19 15.14 21,213.81 3,640.00 TOTAL Licenses & Permits 1,008,200.00 63,318.88 176,632.11 17.52 831,567.89 223,016.61 Intergovernmental Rev 101-3-0000-3311 Federal Grant 0.00 0.00 0.00 0.00 0.00 308.70 101-3-0000-3322 MV Credit 6,000.00 0.00 0.00 0.00 6,000.00 0.00 101-3-0000-3323 Fire State Aid 230,000.00 0.00 3,000.00 1.30 227,000.00 4,000.00 101-3-0000-3325 Police 20 Aid 340,000.00 0.00 0.00 0.00 340,000.00 0.00 101-3-0000-3326 Police Training Reimb 35,000.00 0.00 0.00 0.00 35,000.00 0.00 101-3-0000-3329 State Crime Prevention Grant 48,000.00 0.00 0.00 0.00 48,000.00 0.00 TOTAL Intergovernmental Rev 659,000.00 0.00 3,000.00 0.46 656,000.00 4,308.70 Charges for Services 101-3-0000-3412 Planning & Zoning Fees 25,000.00 2,775.00 8,500.00 34.00 16,500.00 7,991.50 101-3-0000-3413 Plan Check Fee 250,000.00 11,799.49 42,482.35 16.99 207,517.65 72,604.51 101-3-0000-3415 Special Assessment Search 500.00 30.00 60.00 12.00 440.00 30.00 101-3-0000-3417 Copies 1,500.00 117.01 453.62 30.24 1,046.38 328.93 101-3-0000-3430 Lockout Fees 3,500.00 240.00 720.00 20.57 2,780.00 1,020.00 101-3-0000-3431 Police Services 45,000.00 2,590.00 11,226.82 24.95 33,773.18 11,580.00 101-3-0000-3432 School Liaison 183,000.00 7,433.76 93,556.76 51.12 89,443.24 89,805.56 101-3-0000-3434 Animal Impound Fee 500.00 150.00 250.00 50.00 250.00 300.00 101-3-0000-3436 Fire Contracts 400,000.00 0.00 259,592.96 64.90 140,407.04 238,139.39 101-3-0000-3437 Fire Services 3,000.00 1,459.34 1,009.34 33.64 1,990.66 ( 300.00) 101-3-0000-3451 Street Services 35,000.00 4,375.00 9,127.50 26.08 25,872.50 5,170.00 101-3-0000-3452 Engineering Services Reimb 20,000.00 0.00 0.00 0.00 20,000.00 5,986.60 Page 426 of 430 5-14-2024 04:15 PM CITY OF ELK RIVER PAGE: 4 REVENUE &. EXPENSE REPORT (UNAUDITED) AS OF: APRIL 30TH, 2024 101-GENERAL FUND 33.33% OF YEAR COMPLETED CURRENT CURRENT YEAR TO DATE o OF BUDGET PRIOR FY REVENUES BUDGET PERIOD ACTUAL BUDGET BALANCE YID BALANCE 101-3-0000-3461 Recreation Fees 50,000.00 12,665.00 28,439.04 56.88 21,560.96 27,204.25 101-3-0000-3462 Sr Center Activities 43,000.00 3,338.63 16,832.31 39.14 26,167.69 18,790.70 101-3-0000-3463 Farmer's Market 12,000.00 910.00 18,965.00 158.04 ( 6,965.00) 20,280.00 101-3-0000-3469 Elk RiverFest 20,000.00 7,150.00 11,010.00 55.05 8,990.00 2,900.00 101-3-0000-3472 Park Use Fee 40,000.00 6,134.44 20,862.31 52.16 19,137.69 16,718.54 101-3-0000-3483 Sewer Inspection Fee 15,000.00 2,400.00 3,245.00 21.63 11,755.00 1,360.00 101-3-0000-3484 Contractor License Check 1,200.00 80.00 230.00 19.17 970.00 35.00 TOTAL Charges for Services 1,148,200.00 63,647.67 526,563.01 45.86 621,636.99 519,944.98 Fines & Forfeits 101-3-0000-3510 Court Fines 150,000.00 13,634.91 41,358.45 27.57 108,641.55 39,014.31 101-3-0000-3512 Ordinance Violations 0.00 0.00 0.00 0.00 0.00 1,600.00 TOTAL Fines & Forfeits 150,000.00 13,634.91 41,358.45 27.57 108,641.55 40,614.31 Special Assessments Other Revenue 101-3-0000-3621 Interest Income 150,000.00 0.00 56,779.06 37.85 93,220.94 52,607.39 101-3-0000-3625 Refunds & Reimbursements 145,000.00 ( 5,381.70)( 33,195.20) 22.89- 178,195.20 ( 1,668.48) 101-3-0000-3626 Contributions 25,000.00 0.00 25,750.00 103.00 ( '750.00) 39,760.00 101-3-0000-3629 Miscellaneous Revenue 10,000.00 942.47 3,082.93 30.83 b,917.07 2,615.03 TOTAL Other Revenue 330,000.00 ( 4,439.23) 52,416.79 15.88 277,583.21 93,313.94 Other Financing Sources Transfers In 101-3-0000-3921 Transfers 0.00 0.00 0.00 0.00 0.00 748.79 101-3-0000-3926 Transfer -Capital Outlay Resery 89,000.00 0.00 8,500.00 9.55 80,500.00 0.00 101-3-0000-3942 Transfer-WWTS 175,000.00 0.00 0.00 0.00 175,000.00 0.00 101-3-0000-3943 Transfer -Liquor 1,000,000.00 0.00 0.00 0.00 1,000,000.00 0.00 101-3-0000-3944 Transfer -Garbage 250,000.00 0.00 0.00 0.00 250,000.00 0.00 101-3-0000-3945 Transfer -Utilities 1,400,000.00 112,957.43 347,973.19 24.86 1,052,026.81 359,902.26 101-3-0000-3946 Transfer-Stormwater 135,000.00 0.00 0.00 0.00 135,000.00 0.00 101-3-0000-3948 Transfer-EDA 46,000.00 0.00 0.00 0.00 46,000.00 0.00 101-3-0000-3949 Transfer-HRA 37,500.00 0.00 0.00 0.00 37,500.00 0.00 TOTAL Transfers In 3,132,500.00 112,957.43 356,473.19 11.38 2,776,026.81 360,651.05 TOTAL General Fund 21,570,600.00 249,119.66 1,156,443.55 5.36 20,414,156.45 1,250,792.82 TOTAL REVENUE 21,570,600.00 249,119.66 1,156,443.55 5.36 20,414,156.45 1,250,792.82 Page 427 of 430 CITY OF ELK RIVER MULTIPURPOSE FACILITY - BUDGET TO ACTUAL MONTH ENDED APRIL 30, 2024 Current Year to Date % of Budget Actual Budget Revenues: Ice Rental $893,500 $278,207 31.14% Admissions 45,000 23,687 52.64% Dry Floor Events/Craft Shows 7,000 465 6.64% Facility Rental 244,400 73,754 30.18% Advertising/Naming Rights/Sponsorships 178,000 29,904 16.80% Recreation fees (Skating/Hockey) 290,000 89,623 30.90% Concessions/vending 229,000 102,147 44.61% Other Revenues (interest, etc.) 9,100 5,674 62.35% Total Revenues $1,896,000 $603,461 31.83% Operating expenses: Personal services $900,650 $318,674 35.38% Supplies 159,800 88,129 55.15% Other service charges 661,300 131,730 19.92% Capital Outlay 120,400 0 0.00% Total Expenditures $1,842,150 $538,533 29.23% Revenues over/(under) expenditures $53,850 $64,927 FTCenter April 2024 $2,000,000 Budget, $1,896,000 Budget, $1,842,150 $1, 800,000 $1, 600,000 $1,400,000 $1, 200,000 $1,000,000 $800,000 Actual $603,461 Actual $600,000 $538,533 $400,000 $200,000 $0 Total Revenues Total Expenditures Page 428 of 430 Sales and cost of sales: Sales Cost of sales Gross profit Operating revenues: User charges Delinquency collections Other Total operating revenues Operating expenses: Personal services Supplies Other service charges Depreciation ' Total operating expenses Operating income (loss Nonoperating revenues (expenses): Interest income Interest expense/agent fees Total nonoperating revenues (expenses) Income (loss) before contributions & transfers Contributions - connection fees Sale of assets Transfers out NET INCOME (LOSS) Items reclassified to balance sheet at year end: Bond Proceeds Capital Outlay Bond Payment (Payoff 2014B Refunded Debt) Revenues over/(under) expenditures " Recorded at year-end CITY OF ELK RIVER ENTERPRISE FUNDS - BUDGET TO ACTUAL MONTH ENDED APRIL 30, 2024 Liquor Sewer Garbage Stormwater Current Year to Date % of Current Year to Date % of Current Year to Date % of Current Year to Date % of Budget Actual Budget Budget Actual Budget Budget Actual Budget Budget Actual Budget $ 8,161,000 $ 2,449,784 30.02% 6,028,000 1,485,980 24.65% $ 2,630,000 $ 680,961 25.89% $ 2,009,800 $ 483,161 24.04% $ 630,000 $ 166,290 26.40% 2,133,000 963,803 45.19% - - - - - - 1,000 - 0.00% - 117 - - 19 - 9,000 1,320 14.670% 180,000 48,271 26.82% 9000 1320 14.67% 2,811,000 729,232 25.94% 2,009,800 483,278 24.05% 630000 166309 26.40% 1,070,500 368,329 34.41% 863,500 258,133 29.89% 45,550 14,860 32.62% - - - 28,100 17,543 62.43% 324,600 71,114 21.91% 23,400 542 2.32% 1,000 - 0.00% 355,950 76,387 21.46% 972,410 219,649 22.59% 1,773,250 412,159 23.24% 453,600 51,788 11.42% 100,000 0.00% 1,705,000 0.00% 495,000 0.00% 1,554,550 462,259 29.74% 3,865,510 548,896 14.20% 1,842,200 427,561 23.21% 949,600 51,788 5.45% 587450 502864 85.60% (1,054,510) 180,335 -17.10% 167,600 55,717 33.24% 319600 114520 -35.83% 125,000 24,377 19.50% 125,000 62,383 49.91% 8,000 5,804 72.55% 25,000 13,561 54.24% (82,800) (42,918) 51.83% 125,000 24,377 19.50% 42,200 19,466 46.13% 8,000 5,804 72.55% 25,000 13,561 54.247% 712,450 527,242 74.00% (1,012,310) 199,801 -19.74% 175,600 61,521 35.03% (294,600) 128,081 43.48% - - - 1,000,000 60,290 6.03% - - - - - - - - 0.00% - 1,700 0.00% - - 0.00% - - 0.00% 1,250,000 0.00% (175,000) 0.00% (58,000) 0.00% 175,000 0.00% (537,550) 527,242 -98.08% (187,310) 261,791 -139.76% 117,600 61,521 52.31% (469,600) 128,081 -27.27% (91,000) - - (173,000) (39,233) - - - - - - - - - - (520,000) (520,000) - - - - - - - (628,550) 527,242 (880,310) (297,441) 117,600 61,521 (469,600) 128,081 Page 429 of 430 5-15-2024 09:52 AM CITY OF ELK RIVER PAGE: 1 POOLED CASH REPORT (FUND 999) AS OF: APRIL 30TH, 2024 FUND ACCOUNT# ACCOUNT NAME CLAIM ON CASH BEGINNING BALANCE CURRENT CURRENT ACTIVITY BALANCE 002-1010 Cash - Section 125 7,529.04 1,992.79 9,521.83 101-1010 Cash - General Fund 5,205,008.27 ( 1,940,407.27) 3,264,601.00 211-1010 Cash - Library 209,891.21 ( 25,090.97) 184,800.24 219-1010 Cash. - Federal COVID Fund 1,421,234.97 6,704.23 1,427,939.20 221-1010 Cash - Multipurpose Facility 20,969.50 16,115.52 37,085.02 225-1010 Cash - Park Dedication 1,462,004.07 ( 15,393.07) 1,446,611.00 228-1010 Cash - Landfill 178,716.65 16,290.75 195,007.40 231-1010 Cash. - Landfill Const Debris 848,458.36 0.00 848,458.36 240-1010 Cash - Micro Loan Fund 1,141,870.16 554.60 1,142,424.76 242-1010 Cash - State DEED 455,150.53 3,138.13 458,288.66 245-1010 Cash - Development Fund 1,297,345.33 ( 42,096.26) 1,255,249.07 290-1010 Cash.- Capital Outlay :Reserve 2,679,039.98 ( 60,722.93) 2,618,317.05 291-1010 Cash - Insurance Reserve ( 89,543.76)( 17,422.49)( 106,966.25) 292-1010 Cash - Govt Bldgs Reserve 4,805,951.96 321,927.79 5,127,879.75 294-1010 Cash - Drug Forfeiture 6,543.84 0.00 6,543.84 296-1010 Cash. - GRE :Reserve 837,389.91 ( 11,019.00) 826,370.91 301-1010 Cash - 2020A GO CIP Bonds 33,495.57 0.00 33,495.57 302-1010 Cash - 2021A GO CIP BONDS 19,954.48 0.00 19,954.48 333-1010 Cash - 2020B (2010/2012) Bonds ( 191,636.54) 0.00 ( 191,636.54) 343-1010 Cash.- 2019A Sales Tax Bonds 7,636,147.18 242,853.93 7,879,001.11 401-1010 Cash - Pavement Mgmt 4,028,126.18 766,226.27 4,794,352.45 403-1010 Cash - Street Improvement 544,873.50 0.00 544,873.50 406-1010 Cash - City Wide Trunk Util 1,653,883.23 ( 4,946.08) 1,648,937.15 410-1010 Cash. - Equipment :Replacement 1,965,325.14 ( 31,685.86) 1,933,639.28 411-1010 Cash - Technology Replacement 43,698.12 6,331.32 50,029.44 420-1010 Cash - Active ER 1,501,293.67 ( 431.50) 1,500,862.17 421-1010 Cash - PS Building/Fire Sta 3 913,821.10 3,600.10 917,421.20 440-1010 Cash. - Park Improvement 291,468.56 ( 2,055.00) 289,413.56 462-1010 Cash - TIF 422 Downtown Redev 1,342.75 0.00 1,342.75 463-1010 Cash - TIF 423 Prof Powder 5,399.29 0.00 5,399.29 465-1010 Cash - TIF 25 Jackson Hills 18,300.30 0.00 18,300.30 466-1010 Cash.- TIF 426 Shoot Steel 2,381.20 0.00 2,381.20 467-1010 Cash - TIF 427 Delta Apartment 1,398.28 0.00 1,398.28 602-1010 Cash - Wastewater Treatment 9,485,517.46 92,090.13 9,577,607.59 603-1010 Cash - Liquor 3,991,512.66 ( 23,852.28) 3,967,660.38 605-1010 Cash. - Garbage 948,346.81 23,205.79 971,552.60 607-1010 Cash - Storm Water 2,207,591.80 54,733.80 2,262,325.60 801-1010 Cash - Interest. 128,089.83 106,953.80 235,043.63 821-1010 Cash - Developer Escrow 1,054,375.24 108,389.00 1,162,764.24 TOTAL CLAIM ON CASH 56,772,265.83 ( 404,014.76) 56,368,251.07 CASH IN BANK - POOLED CASH 999-1000 A/P BANK ACCOUNTS 213,430,955.06 834,550.39 214,265,505.45 999-1001 PY BANK ACCOUNT (185,040,878.79)( 1,238,565.15)(186,279,443.94) 999-1002 POOLED INVESTMENTS 28,382,189.56 0.00 28,382,189.56 SUBTOTAL CASH IN BANK - POOLED CASH 56,772,265.83 ( 404,014.76) 56,368,251.07 Page 430 of 430