Village Council
Regular MeetingWinnetka, IL · May 12, 2026
Agenda
Village of Winnetka
Village Council Special Study
Session
May 12, 2026 at 7:00 PM
Village Hall
510 Green Bay Road
AGENDA
1. Call to Order
2. Public Comments
3. Discussion
a. 20 Year Capital Project Prioritization Discussion
4. Closed Session for the Purpose of Discussing Specific Personnel Pursuant to
Section 2(c)(1) of the Open Meetings Act
5. Adjournment
NOTICE
Village Council meetings are video recorded. All agenda materials are available at villageofwinnetka.org
(Governance > Agendas & Minutes); the Reference Desk at the Winnetka Library; or in the Manager’s
Office at Village Hall (2nd floor). The Village of Winnetka, in compliance with the Americans with Disabilities
Act, requests that all persons with disabilities who require certain accommodations to allow them to
observe and/or participate in this meeting or have questions about the accessibility of the meeting or
facilities, contact the Village ADA Coordinator, 510 Green Bay Road, Winnetka, Illinois 60093, 847-716-
3543; T.D.D. 847-501-6041.
Packet
Village of Winnetka
Village Council Special Study
Session
May 12, 2026 at 7:00 PM
Village Hall
510 Green Bay Road
AGENDA
1. Call to Order
2. Public Comments
3. Discussion
a. 20 Year Capital Project Prioritization Discussion
4. Closed Session for the Purpose of Discussing Specific Personnel Pursuant to
Section 2(c)(1) of the Open Meetings Act
5. Adjournment
NOTICE
Village Council meetings are video recorded. All agenda materials are available at villageofwinnetka.org
(Governance > Agendas & Minutes); the Reference Desk at the Winnetka Library; or in the Manager’s
Office at Village Hall (2nd floor). The Village of Winnetka, in compliance with the Americans with Disabilities
Act, requests that all persons with disabilities who require certain accommodations to allow them to
observe and/or participate in this meeting or have questions about the accessibility of the meeting or
facilities, contact the Village ADA Coordinator, 510 Green Bay Road, Winnetka, Illinois 60093, 847-716-
3543; T.D.D. 847-501-6041.
Page 1 of 103
Agenda Item Executive Summary
TITLE: 20 Year Capital Project Prioritization Discussion
PRESENTER: Tim Sloth
AGENDA DATE: May 12, 2026
CONSENT: No
ITEM TYPE: Presentation
ITEM HISTORY:
At the October 30, 2025, Village Council Budget Review meeting, Council requested to have a capital
prioritization discussion in advance of the 2027 Annual Budget.
EXECUTIVE SUMMARY:
The Village has identified over $600 million in capital needs across all funds over the next 20 years.
Staff has prepared a capital prioritization framework categorizing projects by priority level (High,
Medium, Low, and Strategic Decision) to align spending with available funding and develop a
sustainable long-term financing plan. The presentation includes a primer on governmental fund
accounting as well as a fund-by-fund review of capital needs and funding status, covering the General
Fund, Village Facilities Fund, Business District Revitalization Fund, Electric Fund, Water Fund, Sanitary
Sewer Fund, Refuse Fund, and Stormwater Sewer Fund. The combined CIP funding gap across all
funds ranges from approximately $66 million (assuming the $21.2M FEMA stormwater grant is
secured) to approximately $87 million (without the FEMA grant). The presentation also reviews the
current status of key grants and other potential revenue sources, including public-private partnerships
and impact fees.
Council policy direction is requested on four items: (1) whether to concur with staff's recommendation
to prioritize and fund the 10 MW Thermal Generation project, the Western Stormwater Project, the
Hubbard Woods and Indian Hill Streetscape projects, and the Green Bay Trail Grant Project; (2)
whether to concur with staff's recommendation to further develop and explore funding opportunities for
the Post Office Project, the Eastern Stormwater Project, and non-grant-supported Green Bay Trail
projects; (3) whether to concur with staff's recommendation to utilize debt financing to advance key
projects while retaining the Village's Aaa bond rating and keeping total outstanding debt below $60
million; and (4) whether to concur with staff's recommendation to fully capture CPI and new construction
within the Tax Cap restraints applicable to non-home rule communities.
Page 2 of 103
RECOMMENDATION:
Provide policy direction on capital project prioritization, debt capacity allocation and property tax
assumptions to guide development of the 2027 Annual Budget Capital Improvement Program.
ATTACHMENTS:
1. Attachment 1: Capital Prioritization Discussion Presentation
2. Attachment 2: 20-Year Capital Prioritization Project Detail Listing
Page 3 of 103
ATTACHMENT 1
CAPITAL PRIORITIZATION DISCUSSION May 12, 2026
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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CAPITAL PRIORITIZATION DISCUSSION 2
Tonight’s Agenda
• Overview of 20-Year and 5-Year Capital Projects
• Summary of prioritization work to date
• Fund accounting primer
• Individual Fund Review and Council input on key projects
• 2027 Annual Budget Capital Preview
• Funding Sources
• Staff Prioritization Recommendation
• Council Feedback
• Next steps
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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CAPITAL PRIORITIZATION DISCUSSION 3
Priority Levels
• High Priority: Required to maintain service levels or prevent system
failure
• Grant Funded: External funding secured or likely
• Approved: Previously authorized by Council
• Medium Priority: Important, but flexibility as to timing
• Low Priority: Quality of life, discretionary or great deal of flexibility as
to timing
Strategic Decision: Requires policy direction from Council
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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CAPITAL PRIORITIZATION DISCUSSION 4
Capital Needs: All Funds
All Funds: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 130,755,177 - - 12,052,041 80,957,465 - 37,745,671
Facilities 24,824,785 - - 1,161,000 6,736,177 16,927,608 -
Fleet 45,574,589 - 1,243,000 - 44,331,589 - -
Infrastructure 405,017,375 44,156,309 44,100 186,901,292 18,620,928 14,000,000 141,294,746
Technology 3,185,800 - 1,525,800 410,000 1,250,000 - -
609,357,726 44,156,309 2,812,900 200,524,333 151,896,159 30,927,608 179,040,417
All Funds: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 53,578,646 - - 7,944,648 18,594,661 - 27,039,337
Facilities 10,355,527 - - 1,161,000 5,935,927 3,258,600 -
Fleet 11,295,263 - 1,243,000 - 10,052,263 - -
Infrastructure 118,313,218 35,027,758 44,100 54,032,232 3,893,928 - 25,315,200
Technology 3,125,800 - 1,525,800 350,000 1,250,000 - -
196,668,454 35,027,758 2,812,900 63,487,880 39,726,779 3,258,600 52,354,537
• Over $600 Million in identified capital needs over the next 20 years (not exhaustive)
• Prioritization is required to:
• Align projects with available funding and determine future revenue needs
• Develop a sustainable long-term capital financing plan
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND ACCOUNTING PRIMER 5
Fund Accounting Primer
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND ACCOUNTING PRIMER 6
What is Fund Accounting?
Fund accounting is the primary method used in governmental financial
management to track and report resources.
Unlike private-sector accounting—which focuses on a single entity,
profitability, and overall net income—fund accounting emphasizes
accountability, legal compliance, and ensuring that money is used only
for its intended, restricted purposes (e.g., taxes, grants, or bonds
designated for specific activities).
Money in one fund can't freely move to another without proper
authorization, preventing misuse of restricted resources.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND ACCOUNTING PRIMER 7
A Common Question:
Because:
• The money may be legally restricted
• The revenue source was dedicated to a specific purpose
• Doing so may violate state statute or bond covenants
• It may create long-term structural imbalances
Transfers between funds must:
• Be legally permitted
• Be approved by Council
• Be transparent
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND ACCOUNTING PRIMER 8
What is a Fund?
In simple terms: Each fund acts like a separate "bucket" with its own
books (assets, liabilities, revenues, expenses, and fund balance).
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 9
Individual Fund Review
General Fund
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 10
General Fund
General Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 4,183,440 - - 4,183,440 - - -
Facilities 1,997,600 - - - 1,922,600 75,000 -
Fleet 27,887,000 - 1,243,000 - 26,644,000 - -
Infrastructure 77,350,595 11,055,500 - 53,085,000 1,375,000 4,000,000 7,835,095
Technology 1,204,530 - 254,530 - 950,000 - -
112,623,165 11,055,500 1,497,530 57,268,440 30,891,600 4,075,000 7,835,095
General Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 1,275,000 - - 1,275,000 - - -
Facilities 1,997,600 - - - 1,922,600 75,000 -
Fleet 6,595,000 - 1,243,000 - 5,352,000 - -
Infrastructure 20,945,700 3,815,500 - 13,390,000 625,000 - 3,115,200
Technology 1,204,530 - 254,530 - 950,000 - -
32,017,830 3,815,500 1,497,530 14,665,000 8,849,600 75,000 3,115,200
• Fund Status: Mostly funded – intermediate funding considerations
• Primary funding sources: Property Tax (>50%), Sales Tax, Income
Tax and Permits.
• Projected CIP Funding Gap: $7,630,113
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 11
General Fund Notes:
• Fund Status: Mostly funded – intermediate funding considerations
• Total Annual Net Revenue Available to Capital (5-Years): ~ $15.3M
• Assumes 3.7% annual increases in total General Fund revenue
• Assumes full capture of CPI and new construction up to PTELL
limit
• 1% increase in levy = $165,000 in additional revenue
• Fund Balance Policy Above Minimum: ~ $9M
• Total Identified Capital Needs (20-Year): $110M+
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 12
General Fund – Key Projects (20-Years)
High Priority - Grant Funded:
• Green Bay Trail (2026/2027) - $1,790,500
• Hill Road Reconstruction (2032 - 2034) - $7,240,000 (STP Funding)
• Hibbard Road Reconstruct (2027 – 2029) - $2,025,000 (STP Funding)
High Priority - Approved:
• Advanced Metering Infrastructure (2027) - $254,530
• Fire Engine Replacement (2028) - $1,243,000
STP (Surface Transportation Program) Funding is federal aid administered through IDOT that
can be used for road reconstruction and transportation infrastructure projects.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 13
General Fund – Key Projects (20-Years) Continued
High Priority:
• Street Reconstruction / Sidewalk - $52,360,000 ($2.6M annual average)
• Equipment - $4,183,440
• Hadley Parking Lot (2027) - $500,000
• Indian Hill Parking Lot (2028) - $1,850,000
Medium Priority:
• Fleet - $26,644,000
• Public Works Parking Lot (2027) - $550,000
• Spruce / Cherry Street Stairs (2027 – 2029) - $1,200,000
• ERP Software (2027-2029) - $950,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – GENERAL FUND 14
General Fund – Key Projects (20-Years) Continued
Low Priority:
• Roundabout – Forest Way (2036) - $4,000,000
Strategic Decision:
• Green Bay Trail - $7,835,095 (portion not grant funded)
• Total Amount of Green Bay Trail Projects over 20-Years =
$9,625,595
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – VILLAGE FACILITIES FUND 15
Village Facilities Fund
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – VILLAGE FACILITIES FUND 16
Village Facilities Fund
Facilities Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Facilities 22,827,185 - - 1,161,000 4,813,577 16,852,608 -
Facilities Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Facilities 8,357,927 - - 1,161,000 4,013,327 3,183,600 -
• Fund Status: Not Funded
• Primary funding source: Discretionary General Fund transfers, as
projects are identified and approved
• Projected CIP Funding Gap: $8,357,927
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – VILLAGE FACILITIES FUND 17
Village Facilities Fund – Key Projects (20-Years)
High Priority:
• Yards – Metal Roof (2026/2027) - $924,000
• Yards – HVAC / Fire Alarm System (2027) - $237,000
Medium Priority:
• Village Hall Security / HVAC / Fire / ADA (2027) - $2,700,000
• Public Safety Building Roof (2026/2027) - $800,000
Low Priority:
• Yards Facility Reinvestment - $1,317,508
• Village Hall Facility Reinvestment - $2,274,000
• Public Safety Building Facility Reinvestment - $5,647,500
• New Facility – Tower Road Boat House (2036) - $3,000,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – BUSINESS DISTRICT REVITALIZATION FUND 18
Business District Revitalization Fund
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – BUSINESS DISTRICT REVITALIZATION FUND 19
Business District Revitalization Fund
Business District Revitalization Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Infrastructure 36,400,000 - - - 200,000 10,000,000 26,200,000
Technology 300,000 - - - 300,000 - -
36,700,000 - - - 500,000 10,000,000 26,200,000
Business District Revitalization Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Infrastructure 21,400,000 - - - 200,000 - 21,200,000
Technology 300,000 - - - 300,000 - -
21,700,000 - - - 500,000 - 21,200,000
• Fund Status: Mostly funded – Intermediate Funding Considerations
• Primary funding sources: Home Rule Sales Tax: $34.1M over 20 years.
• Front-loaded spending: 73% of projected 20-year spend in next five
years. Borrowing may be necessary to facilitate cash flow.
• Projected CIP Funding Gap: $11,950,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – BUSINESS DISTRICT REVITALIZATION FUND 20
Business District Revitalization Fund – Key Projects (20-Years)
Medium Priority:
• Sidewalk, Grate and Paver Projects - $250,000
• EV Charging Stations - $300,000
Low Priority:
• Streetscape – West Elm Refresh - $5,000,000 (2040)
• Streetscape – East Elm Refresh - $5,000,000 (2045)
• Streetscape Refresh (Indian Hill) – Not in 20-Year CIP (2050)
• Streetscape Refresh (Hubbard Woods) – Not in 20-Year CIP (2055)
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – BUSINESS DISTRICT REVITALIZATION FUND 21
Business District Revitalization Fund – Key Projects (20-Years)
Strategic Decision:
• Hubbard Woods Streetscape - $10,500,000 (2027 - 2030)
• Indian Hill Streetscape - $3,300,000 (2027 - 2029)
• Post Office Plaza - $7,400,000 (2027 - 2029)
• Streetscape (Village Hall area / Green Bay Road) - $5,000,000 (2032)
Borrowing may be necessary to facilitate cash flow for these projects.
Funding Requirements dependent on Hubbard Woods Jurisdictional
Transfer and scope of project planned at Post Office Plaza.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – ELECTRIC FUND 22
Electric Fund
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – ELECTRIC FUND 23
Electric Fund
Electric Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 118,075,564 - - 5,491,651 78,843,430 - 33,740,483
Facilities - - - - - - -
Fleet 7,150,472 - - - 7,150,472 - -
Infrastructure 9,125,000 - - - 9,125,000 - -
Technology 658,140 - 448,140 210,000 - - -
135,009,176 - 448,140 5,701,651 95,118,902 - 33,740,483
Electric Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 47,738,781 - - 4,691,651 18,005,261 - 25,041,869
Facilities - - - - - - -
Fleet 2,604,507 - - - 2,604,507 - -
Infrastructure 2,125,000 - - - 2,125,000 - -
Technology 598,140 - 448,140 150,000 - - -
53,066,428 - 448,140 4,841,651 22,734,768 - 25,041,869
• Fund Status: Additional Funding Required – Significant Funding Considerations
• Primary funding sources: Utility Rates, Generation Capacity Credits
• Projected CIP Funding Gap: $17,000,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – ELECTRIC FUND 24
Electric Fund – Key Projects (20-Years)
High Priority - Approved:
• Advanced Metering Infrastructure (2027) - $448,150
High Priority:
• Turbine #7 Overhaul (2027) - $1,500,000
• Equipment / Circuits / SCADA – $4,201,651
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – ELECTRIC FUND 25
Electric Fund – Key Projects (20-Years)
Medium Priority:
• Fleet - $7,150,472
• Recurring Capital (circuit breakers, cable, connectors, conduit,
transformers and devices) - $58,600,324
• Equipment / Circuits / Switchgear / Regulators – $20,243,106
• Pier Reconfiguration - $1,000,000 (2026/2027)
• Pier Reconfiguration - $7,000,000 (2036/2037)
• Pond Dredging - $750,000 (2031)
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – ELECTRIC FUND 26
Electric Fund
Strategic Decisions:
• 10 Mw Thermal Generation - $25,041,869 (2027-2030)
• 5 Mw Thermal Generation - $8,698,614 (2031-2035)
The 2026 5-Year CIP cash flow outlined in 2026 Annual Budget Document
projected rates as follows:
2027 – 5.75% 2029 – 4.75%
2028 – 5.25% 2030 – 4.25%
The rate structure shown above included a $17 Million Debt Issuance (68% of project) for 10MW Thermal
Generation and would be ~ 1.25% less annually in absence of this project.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – WATER, SANITARY SEWER AND REFUSE FUNDS 27
Water, Sanitary Sewer and Refuse Funds
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – WATER FUND 28
Water Fund
Water Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 8,496,173 - - 2,376,950 2,114,035 - 4,005,188
Facilities - - - - - - -
Fleet 3,031,767 - - - 3,031,767 - -
Infrastructure 110,914,574 - 44,100 90,344,021 7,745,928 - 12,780,525
Technology 559,045 - 359,045 200,000 - - -
123,001,559 - 403,145 92,920,971 12,891,730 - 16,785,713
Water Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 4,564,865 - - 1,977,997 589,400 - 1,997,468
Facilities - - - - - - -
Fleet 922,756 - - - 922,756 - -
Infrastructure 19,454,738 - 44,100 18,641,710 768,928 - -
Technology 559,045 - 359,045 200,000 - - -
25,501,404 - 403,145 20,819,707 2,281,084 - 1,997,468
• Fund Status: Adequately Funded – Minor Funding Considerations
• Primary funding source: Utility Rates
• Projected CIP Funding Gap: $0
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – WATER FUND 29
Water Fund – Funding Considerations
• 2025 Rate Study – Council approved rate structure:
2027 – 8.00% 2031 – 6.25%
2028 – 8.00% 2032 – 4.50%
2029 – 6.25% 2033 – 4.50%
2030 – 6.25% 2034 – 4.50%
• Water fund portion of 10 Mw Thermal Generation - $1,997,468
• Water fund portion of 5 Mw Thermal Generation - $2,007,720
There may be future capital expenses due to State of Illinois mandates (ie new PFAS legislation) that are not included
in the rate structure presented above.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – SANITARY SEWER FUND 30
Sanitary Sewer Fund
Sanitary Sewer Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 1,845,850 - - - 1,845,850 - -
Infrastructure 17,751,750 - - 17,576,750 175,000 - -
Technology 464,085 - 464,085 - - - -
20,061,685 - 464,085 17,576,750 2,020,850 - -
Sanitary Sewer Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 225,000 - - - 225,000 - -
Infrastructure 3,425,000 - - 3,250,000 175,000 - -
Technology 464,085 - 464,085 - - - -
4,114,085 - 464,085 3,250,000 400,000 - -
• Fund Status: Adequately Funded – Minor Funding Considerations
• Primary funding source: Utility Rates
• Projected CIP Funding Gap: $0
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – REFUSE FUND 31
Refuse Fund
Refuse Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 5,157,500 - - - 5,157,500 - -
Infrastructure - - - - - - -
Technology - - - - - - -
5,157,500 - - - 5,157,500 - -
Refuse Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 948,000 - - - 948,000 - -
Infrastructure - - - - - - -
Technology - - - - - - -
948,000 - - - 948,000 - -
• Fund Status: Intermediate Funding Considerations
• Refuse Truck replacement cycle begins in 2029
• Primary funding source: Refuse Service Fees
• Projected CIP Funding Gap: $450,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – STORMWATER SEWER FUND 32
Stormwater Sewer Fund
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – STORMWATER SEWER FUND 33
Stormwater Sewer Fund
Stormwater Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 502,000 - - - 502,000 - -
Infrastructure 144,022,348 27,307,806 - 23,235,416 - - 93,479,126
Technology - - - - - - -
144,524,348 27,307,806 - 23,235,416 502,000 - 93,479,126
Stormwater Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet - - - - - - -
Infrastructure 41,509,672 25,419,255 - 16,090,417 - - -
Technology - - - - - - -
41,509,672 25,419,255 - 16,090,417 - - -
• Fund Status: Additional Funding Required – Significant Funding Considerations
• Primary funding sources: Stormwater Sewer Fee, Grants
• Projected CIP Funding Gap (FEMA): $21,085,249
• Projected CIP Funding Gap (No FEMA): $42,309,764
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUND REVIEW – STORMWATER SEWER FUND 34
Stormwater Fund – Key Projects (20-Years)
High Priority - Grant Funded:
• West Side Stormwater Project (FEMA Supported)
• Hibbard North Conveyance - $5,741,547 (2030/2031)
• Tree Streets Conveyance - $17,789,157 (2027-2029)
• Upstream Conveyance - $3,777,102 (2031/2032)
• Willow Road East Conveyance – (2026 Budget)
High Priority:
• West Side Stormwater Project
• South of Willow Conveyance - $11,734,237 (2029/2030)
• Upstream Conveyance - $3,228,832 (2029 - 2033)
• Contingency - $3,728,347
• Stormwater Sewer Annual Relining Program - $4,544,000
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
Page 37 of 103 | villageofwinnetka.org
FUND REVIEW – STORMWATER SEWER FUND 35
Stormwater Fund – Key Projects (20-Years)
Medium Priority:
• Fleet - $502,000
Strategic Decision:
• East Side Stormwater Project
• Elder Lane Sub-Watershed North (Fuller / NTHS etc.) - $26,468,447
• Elder Lane Sub-Watershed South - $16,761,605
• Elm-Willow Sub-Watershed - $13,823,557
• Spruce Sub-Watershed - $6,911,779
• Hubbard Woods Sub-Watershed - $1,470,000
• Contingency - $28,043,738
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FUND REVIEW: SUMMARY 36
CIP Funding Gap:
• General Fund - $7.6M
• Village Facilities Fund - $8.4M
• Business District Revitalization - $11.9M
• Electric Fund - $17.0M
• Water Fund - $0
• Sanitary Sewer Fund - $0
• Refuse Fund - $450K
• Stormwater Fund - $21.1M - $42.3M
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FUND REVIEW: SUMMARY 37
CIP Funding Gap:
With FEMA Grant ~ $66M
Without FEMA Grant ~ $87M
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUNDING SOURCES 38
Funding Sources
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FUNDING SOURCES 39
Sources of Additional Revenue
• Grants
• Bond Issuance
• Property Taxes
• Explore Public Private Partnerships
• Post Office Plaza
• Tower Road Boathouse
• Impact Fees for New Development
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUNDING SOURCES: GRANT STATUS REVIEW 40
Grants – Current Status
• FEMA Stormwater Grant - $21.2M
• Advancing through review process (Fall 2025 – January 2026)
• All FEMA Requests for Information (RFIs) completed by Village
• Delayed due to Department of Homeland Security shutdown
• Status: Pending / Timing uncertain
• DCEO Stormwater Grant - $5.0M
• Status: Awarded, funds expected by end of summer
• CPF Funding – Green Bay Trail (Congressman Schneider) - $887K
• Status: Awarded, project in development
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUNDING SOURCES: GRANT STATUS REVIEW 41
Grants – Current Status
• CPF Funding – Stormwater (Congressman Schneider) - $8.8M
• Project selected as 1 of 20 submissions for Congressional
consideration
• Currently in the early stages of the federal appropriations
process, funding would require inclusion in a future federal
spending bill
• Status: Highly competitive / uncertain outcome
• STP Funding Willow Rd - $4.3M (approved to reimburse project
expenses)
• STP Funding Hibbard Rd - $5.5M (in regional pipeline for 2030)
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUNDING SOURCES: GRANT STATUS REVIEW 42
What happens if we do not receive the FEMA Grant?
• Staff anticipates final notification this year
• Proceed with the Willow Road project in 2027
• Western Stormwater project timeline to extend from 7 years to 15+
• Larger debt issuance - $42M - $48M
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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FUNDING SOURCES: DEBT OVERVIEW 43
• Current Outstanding Village Debt = $9,795,000
• Paid off in 2040
• Speer Financial estimates the Village can issue additional $50M in
new debt (up to $60M outstanding) and retain Aaa rating
• $10 Million Debt Issuance (Aaa rated) (20-Year G.O. Bonds)
• @ 2.00% = $610,000 Annual Debt Service Payment
• @ 3.00% = $668,500 Annual Debt Service Payment
• @ 4.00% = $731,000 Annual Debt Service Payment
• @ 5.00% = $796,725 Annual Debt Service Payment
• @ 6.00% = $865,250 Annual Debt Service Payment
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FUNDING SOURCES: DEBT OVERVIEW 44
• Bond proceeds must be deployed prudently — IRS rules require 85%
of proceeds to be spent within 2-3 years of issuance to avoid IRS
penalties and/or jeopardizing the tax-exempt status of the bonds.
The downside of issuing debt is having to pay interest. However, at current Aaa-
rated borrowing rates, issuing long-term debt to fund infrastructure with a 50+ year
useful life locks in financing costs and preserves reserves. In a persistent inflationary
environment, investing in capital early could avoid paying significantly more for the
same projects in the future. Additionally, financing long-lived assets with long-term
debt ensures that future residents who benefit from the infrastructure share in its
cost, reflecting sound generational equity.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
Page 47 of 103 | villageofwinnetka.org
FUND ACCOUNTING PRIMER 45
2027 Annual Budget
Capital Preview
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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2027 ANNUAL BUDGET: CAPITAL PREVIEW 46
2027 Annual Budget CIP Preview:
• Willow Road Stormwater Project (Carry-over to 2027?) ~ $18.5M
• Tree-Streets Conveyance (FEMA?) ~ $5.2M
• Green Bay Trail (incl. Grant Project) ~ $1.8M (incl. $300k for bluff
stabilization)
• Advanced Metering Infrastructure ~ $1.3M
• ERP Software ~ $250K
• Spruce Street Outlet ~ $600K
• Village Hall Security / HVAC / Fire / ADA ~ $2.7M
• Public Safety Roof ~ $800K
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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2027 ANNUAL BUDGET: CAPITAL PREVIEW 47
2027 Annual Budget CIP Preview:
• Post Office Plaza Design ~ $400K
• Hubbard Woods Streetscape Design ~ $400K
• Indian Hill Streetscape Design ~ $150K
• Pier Reconfiguration (2026/2027) ~ $1M
• 10 Mw Thermal Generation Design / Engineering ~ $2.5M
• Turbine #7 Overhaul ~ $1.5M
• Lead Service Replacement Program ~ $610K
• Sanitary Sewer Critical Repairs (2025 Study) ~ $600K
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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2027 ANNUAL BUDGET: CAPITAL PREVIEW 48
2027 Annual Budget CIP Preview:
• Street / Sidewalk Replacement ~ $2.1M
• Watermain Replacement ~ $2.7M
• Hibbard Road Reconstruction Ph.1 Design ~ $400K
• Parking Lot (Public Works) ~ $550K
• Parking Lot (Hadley) ~ $500K
• Fleet Replacements ~ $2.5M
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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STAFF RECOMMENDATION 49
Staff Recommendation:
Staff plans to develop the 2027 Annual Budget and CIP utilizing the
following assumptions / prioritization.
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STAFF RECOMMENDATION 50
2027 Annual Budget / CIP: Assumptions / Prioritization
Village Wide – All Funds
• Staff to continue practice of zero-based budgeting where
departments are required to fully justify all operating costs on an
annual basis
• Staff continues to evaluate the validity and timing of CIP projects
for inclusion in the Budget / CIP
• Property Tax to remain within P-TELL Tax Cap limits
• Staff to pursue grant opportunities where available
• Total Debt Outstanding never to exceed estimated amount to
retain Aaa Bond Rating (estimate $60M)
• Planning will proceed assuming $21.2M FEMA Grant is realized.
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STAFF RECOMMENDATION 51
2027 Annual Budget / CIP: Assumptions / Prioritization
General Fund
• Property tax: Capture 100% CPI and New Construction
• Explore Impact Fees for future development
• Review fee schedule for competitiveness
• Do not include $3.1M in Green Bay Trail projects that are not
grant supported
Facilities Fund
• Continue pay as you go
• Prioritize projects as fund balance accrues in the General Fund
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STAFF RECOMMENDATION 52
2027 Annual Budget / CIP: Assumptions / Prioritization
Business District Revitalization Fund
• Prioritize Indian Hill and Hubbard Woods Streetscape
• Explore Jurisdictional Transfer Opportunity as a funding
source for Hubbard Woods Streetscape
• Explore Public / Private Partnership as a funding source for
Post Office (dependent on project scope)
• Utilize interfund borrowing / bond issuance for remaining
shortfall using new Home Rule Sales Tax as a dedicated
revenue source to pay annual debt service
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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STAFF RECOMMENDATION 53
2027 Annual Budget / CIP: Assumptions / Prioritization
Stormwater Fund
West side - Prioritize completion of the west side over next 7 years
• Requires $19M - $23M Bond Issuance (in tranches)
• Annual Debt Service Estimate = $1.38M - $1.67M
• Projected stormwater fee goes from $22.92 (2026) to $35.62 (2033) to
pay for annual debt service (avg. increase: 6.50%)
East side - complete design and bring projects to “shovel-ready”
• Seek grant opportunities to advance shovel ready projects
• Complete MOU with New Trier High School
• Independent engineering review
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
Page 56 of 103 | villageofwinnetka.org
STAFF RECOMMENDATION 54
2027 Annual Budget / CIP: Assumptions / Prioritization
Electric Fund
• Prioritize 10Mw Thermal Generation Project
• Issue estimated $17 Million Bond Issuance (2028)
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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STAFF RECOMMENDATION 55
2027 Annual Budget / CIP: Assumptions / Prioritization
Debt Summary - total proposed debt issuance - $36M - $49M
• Thermal Generation Project - $17M (2028)
• Western Stormwater Project - $19M - $23M (2028 – 2033)
• H. Woods / Indian Hill Streetscape - $0M - $13M (2029/2030)
• Debt to be issued in multiple tranches as needed for projects.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
Page 58 of 103 | villageofwinnetka.org
COUNCIL FEEDBACK 56
Council Policy Feedback / Prioritizations
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COUNCIL FEEDBACK 57
Council Policy Feedback / Prioritization #1
Does Council concur with staff’s recommendation to prioritize and
fund the following projects in the CIP:
• 10Mw Thermal Generation - $27M
• Western Stormwater Project (7-Year timeline) - $52.4M
• Hubbard Woods Streetscape - $10.5M
• Indian Hill Streetscape - $3.3M
• Green Bay Trail Grant Project / Slough Stabilization Study - $1.8M
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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COUNCIL FEEDBACK 58
Council Policy Feedback / Prioritization #2
Does Council concur with staff’s recommendation to further
develop and explore funding opportunities for the following
projects prior to inclusion in the CIP?
• Post Office Project
• Eastern Stormwater Project
• Green Bay Trail (non grant supported projects)
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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COUNCIL FEEDBACK 59
Council Policy Feedback / Prioritization #3
Does Council concur with staff’s recommendation to utilize debt to
advance key projects?
• Retain Aaa rating
• Less than $60M outstanding at any one time.
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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COUNCIL FEEDBACK 60
Council Policy Feedback / Prioritization #4
Based on the extensive capital needs of the Village, does Council
concur with staff’s recommendation to fully capture CPI and new
construction while fully adhering to the Tax Cap restraints of non-
home rule communities?
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
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CAPITAL PRIORITIZATION DISCUSSION – NEXT STEPS 61
Next Steps
• Incorporate Council feedback
• Update capital schedules and financial models
• Further quantify funding gaps and evaluate revenue requirements
• Develop the 2027 Annual Budget / CIP utilizing identified
assumptions and priorities
510 Green Bay Road | Winnetka, IL 60093 | 847-501-6000
Page 64 of 103 | villageofwinnetka.org
ATTACHMENT 2
All Funds: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 130,755,177 - - 12,052,041 80,957,465 - 37,745,671
Facilities 24,824,785 - - 1,161,000 6,736,177 16,927,608 -
Fleet 45,574,589 - 1,243,000 - 44,331,589 - -
Infrastructure 405,017,375 44,156,309 44,100 186,901,292 18,620,928 14,000,000 141,294,746
Technology 3,185,800 - 1,525,800 410,000 1,250,000 - -
609,357,726 44,156,309 2,812,900 200,524,333 151,896,159 30,927,608 179,040,417
All Funds: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 53,578,646 - - 7,944,648 18,594,661 - 27,039,337
Facilities 10,355,527 - - 1,161,000 5,935,927 3,258,600 -
Fleet 11,295,263 - 1,243,000 - 10,052,263 - -
Infrastructure 118,313,218 35,027,758 44,100 54,032,232 3,893,928 - 25,315,200
Technology 3,125,800 - 1,525,800 350,000 1,250,000 - -
196,668,454 35,027,758 2,812,900 63,487,880 39,726,779 3,258,600 52,354,537
Page 65 of 103
General Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 4,183,440 - - 4,183,440 - - -
Facilities 1,997,600 - - - 1,922,600 75,000 -
Fleet 27,887,000 - 1,243,000 - 26,644,000 - -
Infrastructure 77,350,595 11,055,500 - 53,085,000 1,375,000 4,000,000 7,835,095
Technology 1,204,530 - 254,530 - 950,000 - -
112,623,165 11,055,500 1,497,530 57,268,440 30,891,600 4,075,000 7,835,095
General Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 1,275,000 - - 1,275,000 - - -
Facilities 1,997,600 - - - 1,922,600 75,000 -
Fleet 6,595,000 - 1,243,000 - 5,352,000 - -
Infrastructure 20,945,700 3,815,500 - 13,390,000 625,000 - 3,115,200
Technology 1,204,530 - 254,530 - 950,000 - -
32,017,830 3,815,500 1,497,530 14,665,000 8,849,600 75,000 3,115,200
Notes:
Fund Status: Mostly Funded - Intermediate Funding Considerations
Net Income Available to Capital (including grants) (5-Years): $15,350,000 *
* Assumes 3.5% increase in revenue annually.
Estimated Fund Balance Surplus December 31, 2026: $9,000,000
Strategic Decisions
- Green Bay Trail** $ 7,835,095
*Excludes grant portion of project ($1,790,500)
Page 66 of 103
General Fund - High Priority (Grant Funded)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Engineering General Hill Road Reconstruction - Hibbard to Church STP High Priority - Grant Funded Infrastructure - 7,240,000
Engineering General Green Bay Trail High Priority - Grant Funded Infrastructure 1,790,500 1,790,500
Engineering General Hibbard Road recon - Phase I / II Reports High Priority - Grant Funded Infrastructure 2,025,000 2,025,000
Engineering General STORM - Willow Road - GF portion High Priority - Grant Funded Infrastructure - -
$ 3,815,500 $ 11,055,500
Page 67 of 103
General Fund - High Priority (Approved)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Fire General FD-75 Replace Engine 28R (R-4-2024) High Priority - Approved Fleet 1,243,000 1,243,000
Finance (W&E) General Advanced Metering Infrastructure High Priority - Approved Technology 254,530 254,530
$ 1,497,530 $ 1,497,530
Page 68 of 103
General Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Fire General Emergency Siren Repair/Replace High Priority Equipment 150,000 150,000
Fire General Monitor / Defibrillators High Priority Equipment 120,000 270,000
Fire General SCBA Air Packs & Bottles High Priority Equipment - 225,000
Police General Meridian Barriers High Priority Equipment 185,000 185,000
Police General Use of Force Training System - Virtual High Priority Equipment 250,000 250,000
Police General Body Worn Cameras High Priority Equipment 570,000 3,103,440
Engineering General Annual Street Reconstruction Program High Priority Infrastructure 4,050,000 40,800,000
Engineering General Annual Street Reconstruction Program - Storm High Priority Infrastructure 5,850,000 5,850,000
Engineering General Annual Sidewalk Program High Priority Infrastructure 840,000 3,785,000
Engineering General Elm St. Bridge Repair High Priority Infrastructure 300,000 300,000
Engineering General Hadley Parking Lot Reconstruction High Priority Infrastructure 500,000 500,000
Engineering General Indian Hill Parking Lot Reconstruction High Priority Infrastructure 1,850,000 1,850,000
$ 14,665,000 $ 57,268,440
Page 69 of 103
General Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Fire General FD-71 Replace Ambulance 28R (R-113-2022) Medium Priority Fleet - 500,000
Fire General FD-72 Replace Staff Vehicle - 2811 - Fire Prevention Medium Priority Fleet - 173,000
Fire General FD-74 Replace Staff Vehicle - 2801 - Deputy Chief Medium Priority Fleet 76,000 161,000
Fire General FD-73 Replace Staff Vehicle - 2810 - Fire Prevention Medium Priority Fleet 75,000 158,000
Fire General North Parking Lot Medium Priority Facilities 100,000 100,000
Fire General Training Tower Fire Panel Replacement Medium Priority Facilities 122,600 122,600
Fire General FD-76 Replace Ambulance 28 (2019 Ford/Horton Ambulance) Medium Priority Fleet 450,000 1,000,000
Fire General FD-78 Replace Battalion 28 (2022 GMC Sierra) Medium Priority Fleet - 225,000
Fire General FD-80 Replace Staff Vehicle 2800 - Chief Medium Priority Fleet - 170,000
Fire General Replace Fireboat 2681 (2013 Firehawk 26') Medium Priority Fleet - 350,000
Fire General FD-79 Replace Utility 28 (2022 GMC 2500) Medium Priority Fleet - 85,000
Fire General FD-70 Replace Truck 28 (2010 Smeal/Spartan Truck) Medium Priority Fleet - 2,000,000
Fire General FD-77 Replace Engine 28 (2015 Smeal/Spartan Pumper) Medium Priority Fleet - 1,500,000
Police General Men's Locker Room Renovation Medium Priority Facilities 300,000 300,000
Police General Basement Renovation Medium Priority Facilities 200,000 200,000
Police General 400 - Ford Explorer (Admin Vehicle - Chief) Medium Priority Fleet 68,000 404,000
Police General 401 - Ford Explorer (Admin Vehicle - DC) Medium Priority Fleet 71,000 425,000
Police General 402- Ford Explorer (Admin Vehicle - Commanders) Medium Priority Fleet 61,000 366,000
Police General 403 - Ford Explorer (Admin Vehicle - Training) Medium Priority Fleet 58,000 350,000
Police General 427 - Speed Trailer Medium Priority Fleet - 30,000
Police General 430 - Ford Explorer (Patrol) Medium Priority Fleet 85,000 510,000
Police General 431 - Jeep Cherokee (CSO) - Cost to convert vehicle from patrol Medium Priority Fleet 10,000 53,000
Police General 432 - UTV Medium Priority Fleet - 97,000
Police General 433 - Harley Davidson Motorcycle Medium Priority Fleet 38,000 116,000
Police General 436 - Ford Pick up (Investigations, CSO, Multifunction) Cost to convert v Medium Priority Fleet 10,000 58,000
Police General 437 - Chevrolet Impala (Investigations) Medium Priority Fleet 61,000 351,000
Police General 438 - Ford Explorer (Patrol) Medium Priority Fleet 85,000 510,000
Police General 440 - Ford Explorer (Patrol) Medium Priority Fleet 77,000 319,000
Police General 441 - Ford Explorer (Patrol) Hybrid in 2026 w/build cost $20,000 Medium Priority Fleet 89,000 535,000
Police General 442 - Dodge Charger (CSO) Cost to convert vehicle from patrol Medium Priority Fleet 10,000 53,000
Police General 443 - Ford Explorer (Patrol) Hybrid in 2026 w/build cost $20,000 Medium Priority Fleet 89,000 535,000
Police General 444 - Jeep Compass (Admin - Training) Medium Priority Fleet 58,000 348,000
Police General 445 - Ford Exporer (Patrol) Medium Priority Fleet 81,000 485,000
Police General 446 - Ford Explorer (Patrol) Medium Priority Fleet 77,000 461,000
Police General 447 - Ford Explorer (Patrol) Medium Priority Fleet 85,000 510,000
Police General 448 - Chevrolet Tahoe (Patrol) Medium Priority Fleet - 429,000
Police General 449 - Ford Expedition (Patrol Drone Operator Vehicle) Medium Priority Fleet 93,000 555,000
Police General 450 - Chevrolet Tahoe (Patrol Supervisor)2026 w/build cost $20,000 Medium Priority Fleet 102,000 584,000
Engineering General Parking Lot - Public Works Medium Priority Infrastructure 550,000 1,300,000
Engineering General HW Retaining Wall & Sidewalk Replacement Medium Priority Infrastructure 75,000 75,000
Engineering General ENG 01 - SUV (2025) Medium Priority Fleet - 116,000
Engineering General ENG 02 - SUV (2018) Medium Priority Fleet 43,000 104,000
Public Works General PW 03 - Pick Up truck (2026) Medium Priority Fleet - 204,000
Public Works General PW 04 - F550 - Audit Vehicle Medium Priority Fleet - -
Public Works General PW-05 - Ford F 550 Super Duty (2016) Medium Priority Fleet 180,000 434,000
Public Works General PW-06 - F250 (2023) Medium Priority Fleet - 106,000
Public Works General PW-08 - Ford F450 Sign Truck (2014) Medium Priority Fleet 140,000 337,500
Public Works General PW-09 - Ford F550 Super Duty (2016) Medium Priority Fleet 150,000 362,000
Public Works General PW 10 - Mid-size Dump Truck (2023) Medium Priority Fleet - 422,000
Public Works General PW 11 - Mid-size Dump Truck (2024) Medium Priority Fleet - 426,000
Public Works General PW-12 - Ford F550 Super Duty Roll-off Dump Hook (2019) Medium Priority Fleet 195,000 522,000
Public Works General Pw- 13 - Roll-Off Dump Truck (Carryover) Medium Priority Fleet - 390,000
Public Works General PW-14 - Ford F350 Truck (2019) Medium Priority Fleet 79,000 190,000
Public Works General PW-15 - Roll-off Dump Truck (2009) Medium Priority Fleet 365,000 976,500
Page 70 of 103
General Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Public Works General PW-17 - 2.5 Ton Dump (2018) Medium Priority Fleet 294,000 884,000
Public Works General PW- 18 - Front End Loader (Former 2206Unimog) Medium Priority Fleet 300,000 723,000
Public Works General PW-19 - 2.5 Ton dump (2016) Medium Priority Fleet 280,000 675,000
Public Works General PW-20 - 2.5 Ton Dump (2015) Medium Priority Fleet 301,000 726,000
Public Works General PW-22 - 2.5 Ton Dump Truck (2018) Medium Priority Fleet 283,000 682,000
Public Works General PW-23 Ventrac (2024) Medium Priority Fleet - 170,000
Public Works General PW-25 - Roll-Off Dump Truck (Carryover) Medium Priority Fleet - 550,000
Public Works General PW-27 F350 (2002 Audit Vehicle) Medium Priority Fleet - -
Public Works General PW-35 John Deer combination (2023) Medium Priority Fleet - 299,000
Public Works General PW-36 - Bobcat (2025) Medium Priority Fleet - 158,000
Public Works General PW-39 - Vibromax W255 Roller (1999) Medium Priority Fleet - 131,000
Public Works General PW-42 - Multihog (2023) Medium Priority Fleet - 518,000
Public Works General PW-43 - Multihog (2021) Medium Priority Fleet 204,000 492,000
Public Works General PW- 44 - Multihog (2020) Medium Priority Fleet 199,000 480,000
Public Works General PW-45 - MB Tractor (2014) Medium Priority Fleet - 530,000
Public Works General PW-47 - JD Combination (Audit Vehicle) Medium Priority Fleet - -
Public Works General PW-94 to 98- Audit Vehicles (Pool Transfers) Medium Priority Fleet - -
Public Works General PW-105 - Leaf Machine (2019) Medium Priority Fleet - 100,000
Public Works General PW-107 - Leaf Machine (2022) Medium Priority Fleet - -
Public Works General PW-109 - Leaf Machine (2019) Medium Priority Fleet - 100,000
Public Works General PW-111 - Falcon (2012) Medium Priority Fleet 80,000 80,000
Public Works General PW -135 - SnoGo (2012) Medium Priority Fleet 175,000 175,000
Public Works General PW-136 - Snogo Hydraulic (New PTO Conversion) Medium Priority Fleet 175,000 175,000
Public Works General Spruce Street Outlet Alternative Analysis Medium Priority Facilities - -
Public Works General Spruce Street Outlet Design (Carryover) Medium Priority Facilities - -
Public Works General Spruce Street Outlet Stairs Medium Priority Facilities 600,000 600,000
Public Works General Cherry Street Outlet Stairs Medium Priority Facilities 600,000 600,000
Community Development General Department Vehicle (2025) Medium Priority Fleet - -
Finance General Department Vehicle (2025) Medium Priority Fleet - -
Finance (W&E) General ERP Software Medium Priority Technology 950,000 950,000
$ 8,849,600 $ 30,891,600
Page 71 of 103
General Fund - Low Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Fire General Furniture - 1st Floor Offices Low Priority Facilities 75,000 75,000
Engineering General Roundabout - Forest Way Low Priority Infrastructure - 4,000,000
Engineering General Hubbard Woods Train Station - Village Contribution Low Priority Infrastructure - -
$ 75,000 $ 4,075,000
Page 72 of 103
General Fund - Strategic Decision
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Engineering General Green Bay Trail Strategic Decision Infrastructure 3,115,200 7,835,095
$ 3,115,200 $ 7,835,095
Page 73 of 103
Facilities Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Facilities 22,827,185 - - 1,161,000 4,813,577 16,852,608 -
Facilities Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Facilities 8,357,927 - - 1,161,000 4,013,327 3,183,600 -
Notes:
Fund Status: Not Funded - No Dedicated Funding Source
No dedicated funding source. 2026 funded via general fund transfer.
Page 74 of 103
Village Facilities Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Village Facilities Fund Village Facilities Fund Yards - HVAC Replacements Phase IV High Priority Facilities 125,000 125,000
Village Facilities Fund Village Facilities Fund Yards - Metal Roof High Priority Facilities 924,000 924,000
Village Facilities Fund Village Facilities Fund Yards - Fire Alarm System Replacement High Priority Facilities 112,000 112,000
$ 1,161,000 $ 1,161,000
Page 75 of 103
Village Facilities Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Village Facilities Fund Village Facilities Fund Yards - Overhead Door Replacements Medium Priority Facilities 394,327 1,194,577
Village Facilities Fund Village Facilities Fund Yards - Vehicle Exhaust Control System Replacement Medium Priority Facilities 50,000 50,000
Village Facilities Fund Village Facilities Fund Yards - Tuckpointing (Building A) Medium Priority Facilities 69,000 69,000
Village Facilities Fund Village Facilities Fund Village Hall - Security / HVAC / Fire / ADA Etc. Medium Priority Facilities 2,700,000 2,700,000
Village Facilities Fund Village Facilities Fund Public Safety - Roof Medium Priority Facilities 800,000 800,000
$ 4,013,327 $ 4,813,577
Page 76 of 103
Village Facilities Fund - Low Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Village Facilities Fund Village Facilities Fund Yards - HVAC Replacements Phase I (2024-2027 Cycle Replacements) Low Priority Facilities - 555,000
Village Facilities Fund Village Facilities Fund Yards - LED Lighting Retrofits Low Priority Facilities 114,100 114,100
Village Facilities Fund Village Facilities Fund Yards - Flooring System Replacements (Carpet/Tile) (Buildings A and B) Low Priority Facilities 147,500 147,500
Village Facilities Fund Village Facilities Fund Yards - Flooring Systems (Concrete/Locker Room Floors) Low Priority Facilities 53,000 53,000
Village Facilities Fund Village Facilities Fund Yards - Storefront/Entrance Improvements and Maintenance Low Priority Facilities 86,000 86,000
Village Facilities Fund Village Facilities Fund Yards - Plumbing Retrofits (Phased - Building B then Building A) Low Priority Facilities - 219,500
Village Facilities Fund Village Facilities Fund Yards - Interior and Exterior Door Replacements Low Priority Facilities - 670,000
Village Facilities Fund Village Facilities Fund Yards - Ceiling Tiles Low Priority Facilities - 183,000
Village Facilities Fund Village Facilities Fund Yards - Aluminum Window Replacement (Buildings A and B) Low Priority Facilities 1,024,000 1,024,000
Village Facilities Fund Village Facilities Fund Yards - Asphalt Shingle Replacement (Building A) Low Priority Facilities - 1,345,000
Village Facilities Fund Village Facilities Fund Yards - Building Aluminum Paneling (Building A) Low Priority Facilities - 216,500
Village Facilities Fund Village Facilities Fund Yards - Building Aluminum Paneling (Building B) Low Priority Facilities - 100,000
Village Facilities Fund Village Facilities Fund Yards - Interior Partitions (Cinderblock) Replacement (Phased) Low Priority Facilities - 327,508
Village Facilities Fund Village Facilities Fund Yards - Fire Suppression System (Building B) Low Priority Facilities - 220,000
Village Facilities Fund Village Facilities Fund Yards - Building C Roofing/Paneling Low Priority Facilities - 670,000
Village Facilities Fund Village Facilities Fund Village Hall - 2nd Floor Kitchenette Low Priority Facilities 25,000 25,000
Village Facilities Fund Village Facilities Fund Village Hall - First Floor Carpeting Replacement Low Priority Facilities 50,000 50,000
Village Facilities Fund Village Facilities Fund Village Hall - Green Bay Sidewalk/Curb and Gutter Low Priority Facilities 255,000 255,000
Village Facilities Fund Village Facilities Fund Village Hall - Cabinetry/Ceiling Repairs Low Priority Facilities - 60,000
Village Facilities Fund Village Facilities Fund Village Hall - Historic Elements Refinishing Low Priority Facilities - 267,000
Village Facilities Fund Village Facilities Fund Village Hall - Boiler Replacement Low Priority Facilities - 100,000
Village Facilities Fund Village Facilities Fund Village Hall - Exterior Envelope Repairs Low Priority Facilities - 210,000
Village Facilities Fund Village Facilities Fund Village Hall - Door Refinishing/Replacement Low Priority Facilities - 185,000
Village Facilities Fund Village Facilities Fund Village Hall - Flooring System Replacements Low Priority Facilities - 175,000
Village Facilities Fund Village Facilities Fund Village Hall - Clock Tower Maintenance/Repairs Low Priority Facilities - 220,000
Village Facilities Fund Village Facilities Fund Village Hall - Misc. Concrete Repairs Low Priority Facilities - 39,000
Village Facilities Fund Village Facilities Fund Village Hall - Exterior and Parking Lot Lighting Low Priority Facilities - 65,000
Village Facilities Fund Village Facilities Fund Village Hall - Tuckpointing Low Priority Facilities - 203,000
Village Facilities Fund Village Facilities Fund Village Hall - Parking Lot Drive Lane Repairs/Replacement Low Priority Facilities - 240,000
Village Facilities Fund Village Facilities Fund Village Hall - Gas Fired Heater Replacements Low Priority Facilities - 180,000
Village Facilities Fund Village Facilities Fund Public Safety - Break Area and Hallways (Police) Low Priority Facilities 100,000 100,000
Village Facilities Fund Village Facilities Fund Public Safety - Men's Locker Room Renovation Low Priority Facilities 300,000 300,000
Village Facilities Fund Village Facilities Fund Public Safety - Basement Renovation Low Priority Facilities 200,000 200,000
Village Facilities Fund Village Facilities Fund Public Safety - Windows (Police) Low Priority Facilities 50,000 50,000
Village Facilities Fund Village Facilities Fund Public Safety - Apparatus Bay Ceiling (Fire) Low Priority Facilities 120,000 120,000
Village Facilities Fund Village Facilities Fund Public Safety - Ceiling Tiles (Throughout) Low Priority Facilities 229,000 229,000
Village Facilities Fund Village Facilities Fund Public Safety - Bulk Storage Room Renovation (Police) Low Priority Facilities 30,000 30,000
Village Facilities Fund Village Facilities Fund Public Safety - Dormer, Siding and Milling Replacement (Throughout) Low Priority Facilities 210,000 210,000
Village Facilities Fund Village Facilities Fund Public Safety - Aluminum Window Replacement (Throughout) Low Priority Facilities 190,000 190,000
Village Facilities Fund Village Facilities Fund Public Safety - Garage/Exterior Door Replacements (Police) Low Priority Facilities - 246,000
Village Facilities Fund Village Facilities Fund Public Safety - Exterior Masonry Repairs (Throughout) Low Priority Facilities - 204,500
Village Facilities Fund Village Facilities Fund Public Safety - Duct-Free Split System (HVAC) Replacement (Police) Low Priority Facilities - 70,000
Village Facilities Fund Village Facilities Fund Public Safety - Asphalt Shingle Roof Replacement (Throughout) Low Priority Facilities - 282,000
Village Facilities Fund Village Facilities Fund Public Safety - Interior Door/Frame Replacements (Throughout) Low Priority Facilities - 550,000
Village Facilities Fund Village Facilities Fund Public Safety - Flooring System Replacements (Throughout) Low Priority Facilities - 220,000
Village Facilities Fund Village Facilities Fund Public Safety - Plumbing Retrofits/Replacements (Throughout) Low Priority Facilities - 458,000
Village Facilities Fund Village Facilities Fund Public Safety - Fire Suppression System Improvements/Replacements (T Low Priority Facilities - 710,000
Villlage Facilities Fund Village Facilities Fund Public Safety - Elevator Modernization (Fire) Low Priority Facilities - 295,000
Villlage Facilities Fund Village Facilities Fund Public Safety - Tuckpointing (Throughout) Low Priority Facilities - 157,000
Villlage Facilities Fund Village Facilities Fund Public Safety - Misc. HVAC Maintenance/RTU Replacement Low Priority Facilities - 330,000
Villlage Facilities Fund Village Facilities Fund Public Safety - Replacement of Security/Sliding Doors (Police) Low Priority Facilities - 200,000
Villlage Facilities Fund Village Facilities Fund Public Safety - Elevator Modernization (Police) Low Priority Facilities - 351,000
Village Facilities Fund Village Facilities Fund Public Safety - Casework Replacements (Throughout) Low Priority Facilities - 145,000
$ 3,183,600 $ 16,852,608
Page 77 of 103
Business District Revitalization Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Infrastructure 36,400,000 - - - 200,000 10,000,000 26,200,000
Technology 300,000 - - - 300,000 - -
36,700,000 - - - 500,000 10,000,000 26,200,000
Business District Revitalization Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Infrastructure 21,400,000 - - - 200,000 - 21,200,000
Technology 300,000 - - - 300,000 - -
21,700,000 - - - 500,000 - 21,200,000
Notes:
Fund Status: Mostly Funded - Intermediate Funding Considerations
Home Rule Sales Tax estimated to provide $34.1M in revenue over 20 years.
Strategic Decisions
Hubbard Woods Streetscape Project - $10,500,000 (2027 - 2030)
Indian Hill GBR Streetscape Project - $3,300,000 (2027 - 2029)
Post Office Plaza - $7,400,000 (2027-2029)
Green Bay Road (Village Hall) Streetscape Project - $5,000,000 (2032)
Page 78 of 103
Business District Revitalization Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
BDR Fund BDR Fund Sidewalk, Grate and Paver Projects Medium Priority Infrastructure 200,000 200,000
BDR Fund BDR Fund EV Charging Stations Medium Priority Technology 300,000 300,000
$ 500,000 $ 500,000
Page 79 of 103
Business District Revitalization Fund - Low Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
BDR Fund BDR Fund Streetscape - West Elm Refresh (2040) Low Priority Infrastructure - 5,000,000
BDR Fund BDR Fund Streetscape - East Elm Refresh (2045) Low Priority Infrastructure - 5,000,000
BDR Fund BDR Fund Streetscape - Hubbard Woods Refresh (2055) Low Priority Infrastructure - -
BDR Fund BDR Fund Streetscape - Indian Hill Refresh (2050) Low Priority Infrastructure - -
$ - $ 10,000,000
Page 80 of 103
Business District Revitalization Fund - Strategic Decision
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
BDR Fund BDR Fund Hubbard Woods Streetscape -Concept Design Plan Strategic Decision Infrastructure - -
BDR Fund BDR Fund Hubbard Woods Streetscape - Phase 1 Engineering Report Strategic Decision Infrastructure - -
BDR Fund BDR Fund Hubbard Woods Streetscape - Construction Design / JT Strategic Decision Infrastructure 500,000 500,000
BDR Fund BDR Fund Hubbard Woods Streetscape - Construction - Year 1 Strategic Decision Infrastructure 5,000,000 5,000,000
BDR Fund BDR Fund Hubbard Woods Streetscape - Construction - Year 2 Strategic Decision Infrastructure 5,000,000 5,000,000
BDR Fund BDR Fund Indian Hill GBR Streetscape - Ph. 1 Engineering Report Strategic Decision Infrastructure 150,000 150,000
BDR Fund BDR Fund Indian Hill GBR Streetscape - Design / J.T. Strategic Decision Infrastructure 150,000 150,000
BDR Fund BDR Fund Indian Hill GBR Streetscape - Construction Strategic Decision Infrastructure 3,000,000 3,000,000
BDR Fund BDR Fund Post Office Plaza - Design Strategic Decision Infrastructure 400,000 400,000
BDR Fund BDR Fund Post Office Plaza - Construction Strategic Decision Infrastructure 7,000,000 7,000,000
BDR Fund BDR Fund Streetscape - Green Bay Road / Village Hall area Strategic Decision Infrastructure - 5,000,000
$ 21,200,000 $ 26,200,000
Page 81 of 103
Electric Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 118,075,564 - - 5,491,651 78,843,430 - 33,740,483
Facilities - - - - - - -
Fleet 7,150,472 - - - 7,150,472 - -
Infrastructure 9,125,000 - - - 9,125,000 - -
Technology 658,140 - 448,140 210,000 - - -
135,009,176 - 448,140 5,701,651 95,118,902 - 33,740,483
Electric Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 47,738,781 - - 4,691,651 18,005,261 - 25,041,869
Facilities - - - - - - -
Fleet 2,604,507 - - - 2,604,507 - -
Infrastructure 2,125,000 - - - 2,125,000 - -
Technology 598,140 - 448,140 150,000 - - -
53,066,428 - 448,140 4,841,651 22,734,768 - 25,041,869
Notes:
Fund Status: Additional Funding Required - Significant Funding Considerations
2026 Budget Doc listed rate increases:
2027 - 5.75%
2028 - 5.25%
2029 - 4.75%
2030 - 4.25%
Above rates assumed $17M bond issuance in 2028
Strategic Decisions
10 MW Thermal Generation - $25,041,869 (2027-2030)
5 MW Thermal Generation - $8,698,618 (2032-2036)
Page 82 of 103
Electric Fund - High Priority (Approved)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Electric Electric Fund Advanced Metering Infrastructure High Priority - Approved Technology 448,140 448,140
$ 448,140 $ 448,140
Page 83 of 103
Electric Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Electric Electric Fund Northfield Substation Transformer High Priority Equipment - -
Electric Electric Fund Rooftop Solar High Priority Equipment - -
Electric Electric Fund Electric Plant Exterior Brick Repair High Priority Equipment 200,000 1,000,000
Electric Electric Fund Hot well Pump Overhaul (4 remaining) High Priority Equipment - -
Electric Electric Fund Boiler #8 Feed pump High Priority Equipment - -
Electric Electric Fund Transformer #1 High Priority Equipment 683,600 683,600
Electric Electric Fund Transformer #2 High Priority Equipment 611,927 611,927
Electric Electric Fund Structural wall - plant west driveway (50% with Water fund) High Priority Infrastructure - -
Electric Electric Fund Structural wall - plant west driveway Prof. Services High Priority Infrastructure - -
Electric Electric Fund Replace EP SCADA System High Priority Technology 150,000 210,000
Electric Electric Fund Retrofill Transformer #71 with FR3 High Priority Equipment 350,000 350,000
Electric Electric Fund 480V Switchgear Replacement High Priority Equipment 200,000 200,000
Electric Electric Fund Turbine #7 Overhaul High Priority Equipment 1,750,000 1,750,000
Electric Electric Fund Turbine #7 Generator Partial re-winding High Priority Equipment 500,000 500,000
Electric Electric Fund Underground Switchgear at Indian Hill Train Station High Priority Equipment - -
Electric Electric Fund Generator Field breaker High Priority Equipment - -
Electric Electric Fund Circuit B - Underground switchgear & conduit High Priority Equipment 145,874 145,874
Electric Electric Fund Circuit E - Underground switchgear & conduit High Priority Equipment - -
Electric Electric Fund Circuit G - Underground switchgear & conduit High Priority Equipment - -
Electric Electric Fund Circuit B - Underground switchgear & conduit High Priority Equipment 150,250 150,250
Electric Electric Fund Security Improvements (50% split with water fund) High Priority Equipment 100,000 100,000
$ 4,841,651 $ 5,701,651
Page 84 of 103
Electric Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Electric Electric Fund 2000 Line Truck #55 (Resolution R-65-2022) Medium Priority Fleet - 394,651
Electric Electric Fund 2002 Line Truck #56 (Resolution R-86-2022) Medium Priority Fleet 375,000 775,000
Electric Electric Fund 2009 Line Truck #66 Medium Priority Fleet 400,922 981,577
Electric Electric Fund 2015 Line Truck #58 Medium Priority Fleet 276,000 675,730
Electric Electric Fund 2007 Digger Derrick #54 Medium Priority Fleet 490,201 1,200,158
Electric Electric Fund 2005 Cable Pulling Winch Truck #53 Medium Priority Fleet 350,000 750,000
Electric Electric Fund 2012 Extended Boom Line Truck #81 Medium Priority Fleet 412,950 1,011,025
Electric Electric Fund 2022 Ford Explorer #51 (50% Water Fund) Medium Priority Fleet 34,000 172,081
Electric Electric Fund 2021 Ford F150 #52 (50% Water Fund) Medium Priority Fleet 34,000 167,875
Electric Electric Fund 2005 Ford F450 Dump Truck #59 (50% With Water Fund) Medium Priority Fleet - 94,074
Electric Electric Fund 2004 Ford F450 Dump Truck #69 (50% With Water Fund) Medium Priority Fleet - 94,074
Electric Electric Fund 2021 Ford F150 #64 (50% Water Fund) Medium Priority Fleet 32,000 112,146
Electric Electric Fund 2023 Ford F150 #67 (50% Water Fund) Medium Priority Fleet 35,000 170,092
Electric Electric Fund 2023 Ford F250 Truck #82 Metering (50% With Water Fund) Medium Priority Fleet - 79,803
Electric Electric Fund 2024 Ford F150 #83 (50% Water Fund) Medium Priority Fleet - 79,705
Electric Electric Fund 2018 Ford F350 #84 (50% Water Fund) Medium Priority Fleet 35,000 75,589
Electric Electric Fund New Hydraulic Cable Trailer Medium Priority Fleet 129,434 316,892
Electric Electric Fund Pier Reconfiguration Medium Priority Infrastructure 1,000,000 6,000,000
Electric Electric Fund EP Sta Power Spare Transformer Medium Priority Equipment 125,000 125,000
Electric Electric Fund Transformer #71 NLC Medium Priority Equipment - 2,000,000
Electric Electric Fund Transformer #2 Circuit Breaker Medium Priority Equipment 63,000 63,000
Electric Electric Fund Line 30 Voltage Regulator Medium Priority Equipment 87,000 87,000
Electric Electric Fund Line 31 Voltage Regulator Medium Priority Equipment - 89,610
Electric Electric Fund Line 33 Voltage Regulator Medium Priority Equipment - 92,298
Electric Electric Fund Electric Plant Switchgear - North Bus Medium Priority Equipment 598,845 598,845
Electric Electric Fund Electric Plant Switchgear - South Bus Medium Priority Equipment 598,845 598,845
Electric Electric Fund Electric Plant Switchgear - East Bus Medium Priority Equipment 688,671 688,671
Electric Electric Fund Bus 6 Cap Bank Medium Priority Equipment - 750,000
Electric Electric Fund Capacitor Banks upgrade Medium Priority Equipment 84,000 170,520
Electric Electric Fund PLC Yard & SPC Upgrades Medium Priority Equipment 150,000 150,000
Electric Electric Fund Battery Bank Replacement Medium Priority Equipment - 120,000
Electric Electric Fund Plant Load Center Switchgear Medium Priority Equipment - 1,355,967
Electric Electric Fund South Load Center Switchgear Medium Priority Equipment - 1,158,222
Electric Electric Fund Circuit breaker replacement, 15kV 1200 amp Medium Priority Equipment 580,143 1,407,540
Electric Electric Fund Cable Pulling and Directional Boring Medium Priority Equipment 5,554,316 28,111,276
Electric Electric Fund Underground Connectors Medium Priority Equipment 3,169,296 16,040,308
Electric Electric Fund Cable Devices and Switchgear Medium Priority Equipment 212,000 1,217,000
Electric Electric Fund System Reinforcement - Conduit Medium Priority Equipment 500,000 2,450,000
Electric Electric Fund Transformers & Devices Medium Priority Equipment 1,566,517 9,374,200
Electric Electric Fund Circuit Automation Medium Priority Equipment 750,000 4,755,000
Electric Electric Fund Replacement of Traveling Screens Medium Priority Equipment 450,000 450,000
Electric Electric Fund 5kv Generator Switchgear Medium Priority Equipment 200,000 200,000
Electric Electric Fund Diesel engine generator overhaul Medium Priority Equipment - 2,562,500
Electric Electric Fund #7 Circulating Pump Medium Priority Equipment 200,000 200,000
Electric Electric Fund #9 Boiler Feed Pump Medium Priority Equipment 250,000 250,000
Electric Electric Fund Retrofill Transformer #3 Medium Priority Equipment 200,000 200,000
Electric Electric Fund 480 V Bus Replacement Medium Priority Equipment 150,000 150,000
Electric Electric Fund 138 kV Switcher Interrupter spares Medium Priority Equipment 50,000 50,000
Electric Electric Fund Capacity improvements - L23 bus tie line Medium Priority Equipment 360,000 360,000
Electric Electric Fund Circuit F - Underground switchgear & conduit Medium Priority Equipment 219,446 219,446
Electric Electric Fund Circuit F - Underground switchgear & conduit Medium Priority Equipment 226,030 226,030
Electric Electric Fund Circuit F - Underground switchgear & conduit Medium Priority Equipment 172,152 172,152
Electric Electric Fund Pier Removal (50% with water Fund) Medium Priority Infrastructure - 2,000,000
Electric Electric Fund Pond dredging Medium Priority Infrastructure 750,000 750,000
Page 85 of 103
Electric Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Electric Electric Fund Reverse Flush 20" intake Medium Priority Infrastructure 375,000 375,000
Electric Electric Fund Circuit Burials Medium Priority Equipment 800,000 2,400,000
$ 22,734,768 $ 95,118,902
Page 86 of 103
Electric Fund - Strategic Decision
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Electric Electric Fund 10 Mw Thermal Generation Strategic Decision Equipment 25,041,869 25,041,869
Electric Electric Fund 5 Mw Thermal Generation Strategic Decision Equipment - 8,698,614
$ 25,041,869 $ 33,740,483
Page 87 of 103
Water Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 8,496,173 - - 2,376,950 2,114,035 - 4,005,188
Facilities - - - - - - -
Fleet 3,031,767 - - - 3,031,767 - -
Infrastructure 110,914,574 - 44,100 90,344,021 7,745,928 - 12,780,525
Technology 559,045 - 359,045 200,000 - - -
123,001,559 - 403,145 92,920,971 12,891,730 - 16,785,713
Water Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment 4,564,865 - - 1,977,997 589,400 - 1,997,468
Facilities - - - - - - -
Fleet 922,756 - - - 922,756 - -
Infrastructure 19,454,738 - 44,100 18,641,710 768,928 - -
Technology 559,045 - 359,045 200,000 - - -
25,501,404 - 403,145 20,819,707 2,281,084 - 1,997,468
Notes:
Fund Status: Adequately Funded - Minor Funding Considerations
2025 Council approved water rate study detailed rates from 2026 - 2034
Strategic Decisions
10 MW Thermal Generation - $1,997,468 (2027-2030)
5 MW Thermal Generation - $2,007,720 (2032-2036)
Future regulatory items (not included in rate study):
UV Treatment System - $3,594,411 (2034)
Tube Settlers - $3,186,114 (2033)
PFAS Removal - $6,000,000 (2037)
Page 88 of 103
Water Fund - High Priority (Approved)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Water Water Fund Advanced Metering Infrastructure High Priority - Approved Technology 359,045 359,045
Water Water Fund Transmission Main Replacement / Rehabilitation - Eng High Priority - Approved Infrastructure 44,100 44,100
$ 403,145 $ 403,145
Page 89 of 103
Water Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Water Water Fund Security Improvements High Priority Technology 100,000 100,000
Water Water Fund Station Power Transformer 1 High Priority Equipment - -
Water Water Fund Station Power Transformer 2 High Priority Equipment - -
Water Water Fund Raw Water Intake Maintenance High Priority Infrastructure 675,519 1,705,554
Water Water Fund Replace Filter Media 5-8 High Priority Equipment 678,030 678,030
Water Water Fund Replace Flocculators High Priority Equipment 514,755 514,755
Water Water Fund Water Plant Pump Control Upgrade High Priority Equipment - -
Water Water Fund Transmission Main Replacement / Rehabilitation @Plant High Priority Infrastructure 500,000 500,000
Water Water Fund Effluent Valves Upgrade High Priority Equipment - -
Water Water Fund Replace High Lift Pump #1 (1998) High Priority Equipment 100,300 100,300
Water Water Fund Replace High Lift Pump #2 (1998) High Priority Equipment 137,954 137,954
Water Water Fund Replace High Lift Pump #3 (1997) High Priority Equipment 173,328 173,328
Water Water Fund Reservoir Rehabilitation (1956) High Priority Equipment 73,630 472,583
Water Water Fund Replace SCADA System High Priority Technology 100,000 100,000
Water Water Fund Refurbishment/replacement Of Intake Traveling Screen High Priority Equipment 300,000 300,000
Water Water Fund Replacement Of 20" Intake High Priority Infrastructure - 4,000,000
Water Water Fund Main Replacement - Design High Priority Infrastructure - 814,494
Water Water Fund Main Replacement on TBD High Priority Infrastructure 14,516,191 77,833,973
Water Water Fund Replacement of Lead Services on Water Main Projects High Priority Infrastructure 2,430,000 4,650,000
Water Water Fund Replacement of Lead Services with Leaks High Priority Infrastructure 160,000 240,000
Water Water Fund Lead Service Replacement Voluntary Program High Priority Infrastructure 360,000 600,000
$ 20,819,707 $ 92,920,971
Page 90 of 103
Water Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Water Water Fund 2023 Backhoe Loader Tractor #150 Medium Priority Fleet - 253,322
Water Water Fund 2024 Backhoe Loader Tractor #152 Medium Priority Fleet - 268,749
Water Water Fund Vehicle Replacement - Bobcat Skid Steer (158) Medium Priority Fleet - -
Water Water Fund Vehicle Replacement - Line Truck 57 (R-102-22) Medium Priority Fleet 413,847 1,003,894
Water Water Fund 2024 Ford F450 Dump Truck #59 (50% With Electric Fund) Medium Priority Fleet - 94,074
Water Water Fund 2024 Ford F450 Dump Truck #61 Medium Priority Fleet - 166,257
Water Water Fund 2020 Ford F450 Dump Truck #62 Medium Priority Fleet - -
Water Water Fund 2024 Ford F450 Dump Truck #69 (50% With Electric Fund) Medium Priority Fleet - 94,074
Water Water Fund Vehicle Replacement - Line Truck 65 Medium Priority Fleet 163,909 163,909
Water Water Fund Vehicle Replacement - 2000 Freightliner FL80 Dump #60 Medium Priority Fleet - -
Water Water Fund Vehicle Replacement - 2000 Freightliner FL80 Dump #63 Medium Priority Fleet 175,000 175,000
Water Water Fund Vehicle Replacement - 2022 Ford Explorer #51 (50% Electric) Medium Priority Fleet 34,000 172,081
Water Water Fund Vehicle Replacement - 2021 Ford F150 #52 (50% Electric) Medium Priority Fleet 34,000 167,875
Water Water Fund 2021 Ford F150 #64 (50% Electric Fund) Medium Priority Fleet 32,000 112,146
Water Water Fund Vehicle Replacement - 2023 Ford F150 #67(50% Electric) Medium Priority Fleet 35,000 170,092
Water Water Fund 2023 Ford F250 Truck #82 Metering (50% With Electric Fund) Medium Priority Fleet - 35,000
Water Water Fund 2024 Ford F150 #83 (50% Electric Fund) Medium Priority Fleet - 79,705
Water Water Fund Vehicle Replacement - 2018 Ford F350 #84 (50% Electric) Medium Priority Fleet 35,000 75,589
Water Water Fund Reverse Flush 20" intake and 60" (50% Electric) Medium Priority Infrastructure 375,000 375,000
Water Water Fund Install pump at #3 Reservoir Medium Priority Equipment 189,400 189,400
Water Water Fund Installation of Zebra Mussell Control System Medium Priority Equipment 400,000 400,000
Water Water Fund Replacement Motor Control Center Medium Priority Equipment - 1,524,635
Water Water Fund Reconditioning of 16" Tower Rd. RR Crossing (1939) Medium Priority Infrastructure 393,928 393,928
Water Water Fund Replace 20" Willow Road Railroad Crossing (~1939) Medium Priority Infrastructure - 1,038,000
Water Water Fund Replace 16" Tower Road Railroad Crossing #2 (~1939) Medium Priority Infrastructure - 2,100,000
Water Water Fund Replace 10" Pine Street Railroad Crossing (~1939) Medium Priority Infrastructure - 2,100,000
Water Water Fund Replace 20" Elm Street Railroad Crossing (~1939) Medium Priority Infrastructure - 1,739,000
$ 2,281,084 $ 12,891,730
Page 91 of 103
Water Fund - Strategic Decision
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Water Water Fund 10 MW Thermal Generation Strategic Decision Equipment 1,997,468 1,997,468
Water Water Fund 5 MW Thermal Generation - Yards additional units Strategic Decision Equipment - 2,007,720
Water Water Fund Install UV Treatment System (Future Regulation ?) Strategic Decision Infrastructure - 3,594,411
Water Water Fund Install Tube Settlers (Future Regulation ?) Strategic Decision Infrastructure - 3,186,114
Water Water Fund Install PFAS Removal (Future Regulation ?) Strategic Decision Infrastructure - 6,000,000
$ 1,997,468 $ 16,785,713
Page 92 of 103
Sanitary Sewer Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 1,845,850 - - - 1,845,850 - -
Infrastructure 17,751,750 - - 17,576,750 175,000 - -
Technology 464,085 - 464,085 - - - -
20,061,685 - 464,085 17,576,750 2,020,850 - -
Sanitary Sewer Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 225,000 - - - 225,000 - -
Infrastructure 3,425,000 - - 3,250,000 175,000 - -
Technology 464,085 - 464,085 - - - -
4,114,085 - 464,085 3,250,000 400,000 - -
Notes:
Fund Status: Adequately Funded - Minor Funding Considerations
Rates in this fund mirror water fund.
Page 93 of 103
Sanitary Sewer Fund - High Priority (Approved)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Sanitary Sewer Sanitary Fund Ravines Gravity/Force Mains - Engineering High Priority - Approved Infrastructure - -
Sanitary Sewer Sanitary Fund Ravines Gravity/Force Mains - Construction High Priority - Approved Infrastructure - -
Sanitary Sewer Sanitary Fund Advanced Metering Infrastructure High Priority - Approved Technology 464,085 464,085
$ 464,085 $ 464,085
Page 94 of 103
Sanitary Sewer Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Sanitary Sewer Sanitary Fund Annual Sewer Relining High Priority Infrastructure - -
Sanitary Sewer Sanitary Fund Critical Repairs - 2025 Study High Priority Infrastructure 600,000 600,000
Sanitary Sewer Sanitary Fund Sanitary Sewer Lining/Manhole Rehabilitation High Priority Infrastructure 2,650,000 16,976,750
$ 3,250,000 $ 17,576,750
Page 95 of 103
Sanitary Sewer Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Sanitary Sewer Sanitary Fund Manhole Lining Machine and Trailer Medium Priority Infrastructure 175,000 175,000
Sanitary Sewer Sanitary Fund Vehicle - PW-025 Roll-off 6-wheeler Medium Priority Fleet - 251,000
Sanitary Sewer Sanitary Fund Vehicle - PW-46 GMC (2004) Medium Priority Fleet 225,000 602,000
Sanitary Sewer Sanitary Fund Vehicle - PW-49 John Deere (2025) Medium Priority Fleet - 331,050
Sanitary Sewer Sanitary Fund Vehicle - PW-16 Freightliner/Vactor (2025) Medium Priority Fleet - 661,800
$ 400,000 $ 2,020,850
Page 96 of 103
Refuse Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 5,157,500 - - - 5,157,500 - -
Infrastructure - - - - - - -
Technology - - - - - - -
5,157,500 - - - 5,157,500 - -
Refuse Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 948,000 - - - 948,000 - -
Infrastructure - - - - - - -
Technology - - - - - - -
948,000 - - - 948,000 - -
Notes:
Fund Status: Mostly Funded - Intermediate Funding Considerations
Refuse Truck replacement cycle begins in 2029
Working to spread replacements over longer cycle
Page 97 of 103
Refuse Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Refuse Refuse PW-29 Refuse Truck (2019) Medium Priority Fleet - 1,029,500
Refuse Refuse PW-30 Refuse Truck (2018) Medium Priority Fleet 400,000 1,004,000
Refuse Refuse PW-31 Refuse Truck (2018) Medium Priority Fleet 400,000 1,006,000
Refuse Refuse PW-32 Refuse Truck (2022) Medium Priority Fleet - 430,000
Refuse Refuse PW-34 Refuse Truck (2019) Medium Priority Fleet - 1,055,000
Refuse Refuse PW-127 Scooter (2019) Medium Priority Fleet 49,000 177,000
Refuse Refuse PW-128 Scooter (2018) Medium Priority Fleet 49,000 111,000
Refuse Refuse PW-129 Scooter (2025) Medium Priority Fleet - 117,000
Refuse Refuse PW-130 Scooter (2024) Medium Priority Fleet - 115,000
Refuse Refuse PW-131 Scooter (2023) Medium Priority Fleet 50,000 113,000
$ 948,000 $ 5,157,500
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Stormwater Fund: 20-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet 502,000 - - - 502,000 - -
Infrastructure 144,022,348 27,307,806 - 23,235,416 - - 93,479,126
Technology - - - - - - -
144,524,348 27,307,806 - 23,235,416 502,000 - 93,479,126
Stormwater Fund: 5-Years
High Priority High Priority Strategic
Category Total (Grant Funded) (Approved) High Priority Medium Priority Low Priority Decision
Equipment - - - - - - -
Facilities - - - - - - -
Fleet - - - - - - -
Infrastructure 41,509,672 25,419,255 - 16,090,417 - - -
Technology - - - - - - -
41,509,672 25,419,255 - 16,090,417 - - -
Notes:
Fund Status: Additional Funding Required - Significant Funding Considerations
FEMA Grant & CPF Funding significantly impact cash flows
Strategic Decisions
Timing of East side projects - $93,479,126
Elder Lane Watershed North (Fuller / NTHS) - $26.4M
Elder Lane Watershed South - $16.8M
Elm-Willow Watershed - $13.8M
Spruce Watershed - $6.9M
Hubbard Woods Watershed - $1.5M
Contingency - $28.0M
Page 99 of 103
Stormwater Fund - High Priority (Grant Funded)
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Stormwater Stormwater West Side - Hibbard North - Conveyance (FEMA) High Priority - Grant Funded Infrastructure 5,741,547 5,741,547
Stormwater Stormwater West Side - Tree Streets - Conveyance (FEMA) High Priority - Grant Funded Infrastructure 17,789,157 17,789,157
Stormwater Stormwater West Side - Upstream - Conveyance (FEMA) High Priority - Grant Funded Infrastructure 1,888,551 3,777,102
$ 25,419,255 $ 27,307,806
Page 100 of 103
Stormwater Fund - High Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Stormwater Stormwater West Side - South of Willow - Conveyance High Priority Infrastructure 11,734,237 11,734,237
Stormwater Stormwater West Side - Upstream - Conveyance High Priority Infrastructure 677,180 3,228,832
Stormwater Stormwater West Side - Contingency High Priority Infrastructure 2,675,000 3,728,347
Stormwater Stormwater Annual - Storm sewer relining and manhole rehabilitiation High Priority Infrastructure 1,004,000 4,544,000
$ 16,090,417 $ 23,235,416
Page 101 of 103
Stormwater Fund - Medium Priority
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Stormwater Stormwater Vehicle - PW 26 Atlas Bobcat 2025 Medium Priority Fleet - -
Stormwater Stormwater Vehicle - PW 37 Pelican Sweeper 2013 Medium Priority Fleet - 502,000
$ - $ 502,000
Page 102 of 103
Stormwater Fund - Strategic Decision
Total Total
Department Fund Item Asset Priority Asset Class 5-Year 20-Year
Stormwater Stormwater East Side - Elder Lane Sub-Watershed North (Fuller / NTHS etc.) Strategic Decision Infrastructure - 26,468,447
Stormwater Stormwater East Side - Elder Lane Sub-Watershed South Strategic Decision Infrastructure - 16,761,605
Stormwater Stormwater East Side - Elm-Willow Sub-Watershed Strategic Decision Infrastructure - 13,823,557
Stormwater Stormwater East Side - Spruce Sub-Watershed Strategic Decision Infrastructure - 6,911,779
Stormwater Stormwater East Side - Hubbard Woods Sub-Watershed Strategic Decision Infrastructure - 1,470,000
Stormwater Stormwater East Side - Contingency Strategic Decision Infrastructure - 28,043,738
$ - $ 93,479,126
Page 103 of 103