The URL can be used to link to this page

Home My WebLink About[06a-1] Debt Levy Summary and ProjectionsCity of St. Joseph, MinnesotaLong Term Debt Summary - Projected Debt Levy with Current and Future ImprovementsAs of July 8, 201612/31/15 Debt LevyDebt LevyDebt LevyDebt LevyDebt LevyDebt LevyDebt LevyBalance 2016 2017 2018 2019 2020 2021 2022Special Assessment Bonds (8) 5,685,000 290,500 448,000 396,000 413,000 428,000 397,000 231,000 GO Abatement Bonds (1) 1,840,000 - - - - - - - GO Bonds (7) 1,020,000 227,375 461,325 478,825 352,825 352,825 316,825 275,000 Utility Revenue Bonds (7) 7,940,000 73,500 23,500 23,000 23,000 22,500 22,500 22,500 Notes (5) 4,723,316 - - - - - - - Other LeviesCoborns Abatement 50,000 50,000 Country Manor Abatement- - 30,000 30,000 30,000 30,000 30,000 Fortitude Senior Housing TIF- - 40,000 40,000 40,000 40,000 40,000 Millstream TIF n/a 15,000 15,000 15,000 15,000 15,000 15,000 15,000 Bayou Blues TIF n/a - - 14,000 14,000 14,000 14,000 14,000 CMCU TIF 125,000 - 15,000 15,000 15,000 7,500 Meat Market TIF n/a 2,500 2,500 2,500 2,500 2,500 2,500 658,875 965,325 1,014,325 905,325 912,325 837,825 627,500 Debt LevyDebt LevyDebt LevyDebt LevyDebt LevyDebt LevyDebt LevyOther Upcoming Projects/Equipment Listing in the CIP2016 2017 2018 2019 2020 2021 2022CIPP Improvements [1st Ave NE sewer lining] 94,000 - WTP1 Filter Media/Tank Reconditioning 308,000 - St. Cloud Biosolids Design119,900 - Millstream Park Shelter/Storage Area/Park Plan357,500 - - - 35,000 35,000 40,000 Minnesota Street Resurfacing 30,000 - Baseball Parking Lot Improvements 89,000 - - - - - - Industrial Park Expansion 3,500,000 - - - - 16,000 18,000 20,000 2018 Equipment Certificates - general equip325,000 - 70,000 70,000 70,000 75,000 2020 Equipment Certificates - general equip250,000 - 50,000 52,000 2017 Street Improvements [Jade Road]**1,832,000 - - - - - - 2017 Street Improvements [CBD Alleys] 399,000 - 20,000 25,000 25,000 25,000 30,000 2017 Street Improvements [Northland Drive] 362,000 - 10,000 15,000 20,000 20,000 20,000 2018 Street Overlays [moved from 2016] 358,000 - - - 10,000 15,000 20,000 25,000 2018 Street Improvements [16th Ave] 616,000 - 35,000 35,000 40,000 45,000 2018 Street Improvements [17th & 18th Ave] 225,000 - 40,000 45,000 50,000 55,000 2018 Street Improvements [First Ave NE] 790,000 - - - - - 2nd Avenue NW Sidewalk 85,000 - 16,000 18,000 20,000 Pedestrian Crossing Study - CSAH 7553,000 - East/West Parks - Rivers Bend**750,000 - 20,000 20,000 30,000 Millstream Parking Lot Improvements535,000 - 45,000 50,000 55,000 60,000 65,000 Northland Park Trails53,000 Monument Sign [CSAH 2 Realignment]34,000 - CSAH 2 Trail - phases II/III477,000 - - Lake Wobegon Trail Extension200,000 - - Wobegon Welcome Center [S. Parking Lot]187,000 - Community Center Improvements500,000 - - Aquatics Center4,000,000 - - - - - - PW Cold Storage 400,000 - 25,000 30,000 30,000 Klinefelter Park Utilities and Restrooms 233,000 - 45,000 45,000 45,000 Monument Park Improvements 30,000 - Ladder Truck 900,000 - 55,000 Tanker Truck 225,000 - 20,000 25,000 25,000 St. Cloud Biosolids Improvements1,050,000 - - - - - - St. Cloud Treatment Train #5 (depends on growth) **700,000 - New Water Tower **2,920,000 - - - CR121 Lift Station Generator 162,000 - Baker Street Lift Station Generator 83,000 - SW Sewer Extension **1,165,000 - - - SW Trunk Water **1,429,000 - - - Remaining Projects Projected Debt Levy21,328,000 - - 75,000 245,000 391,000 473,000 572,000 Total Debt Levy Impact by Year - all projects658,875 965,325 1,089,325 1,150,325 1,303,325 1,310,825 1,199,500 ** Development drivenPurple lettering includes potential 1/2 cent sales tax funding