2024-88
CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: December 9, 2024 RESOLUTION NO: 2024-88
MOTION BY: von Oven SECONDED BY: Kimber
A RESOLUTION APPROVING THE 2025 CITY BUDGET,
THE 2025-2029 CAPITAL IMPROVEMENT PLAN,
AND THE FINAL 2024 TAX LEVY, COLLECTIBLE IN 2025
WHEREAS, the City Council has examined the budgetary and tax levy needs for the City of Chanhassen for
the calendar year 2025 through public budget meetings; and
WHEREAS, the City Council held a Truth-in Taxation public meeting on December 9, 2024, to receive
public input on the budget and tax levy for 2025.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2025
budget for the following funds is adopted in the following amounts:
Governmental Funds
Revenues &
Transfers In
Expenditures &
Transfers Out
Change in
Fund Balance
General Fund $ 16,125,870 $ 16,125,870 $ -
Special Revenue Funds
Charitable Gambling 56,200 55,000 1,200
Cemetery 3,800 3,000 800
Cable Franchise 2,400 70,000 (67,600)
Grants Fund 16,600 300,000 (283,400)
Local Affordable Housing Aid 130,000 - 130,000
Debt Service Funds
Permanent Revolving Debt 10,950 - 10,950
2009A GO Ref Bonds for Library - 381,919 (381,919)
PW Facility Bonds 199,300 458,700 (259,400)
Civic Campus Bonds 1,270,780 1,013,502 257,278
Capital Funds
Vehicle & Equipment Replacement 970,988 1,360,979 (389,991)
Capital Facilities 172,900 165,000 7,900
Park Renovation 100,000 - 100,000
Park Development 1,007,776 246,310 761,466
Transportation Infrastructure Management 264,900 281,000 (16,100)
TIF #11 – Frontier Development 298,741 283,692 15,049
TIF #12 – Lake Place Senior Apartment 189,000 171,321 17,679
Pavement Management 14,437,150 16,732,108 (2,294,958)
Total Governmental Funds $ 35,257,355 $ 37,648,401 $ (2,391,046)
Enterprise Funds
Revenues &
Transfers In
Expenditures &
Transfers Out
Change in Cash
Balance
Docusign Envelope ID: 8C4DF870-63DF-4262-B247-11CBEEEF60B2
Water Fund $ 6,728,417 $ 7,870,107 $ (1,141,690)
Sewer Fund 5,273,070 6,698,488 (1,425,418)
Storm Water Fund 4,620,000 8,902,220 (4,282,220)
Total Enterprise Funds $ 16,621,487 $ 23,470,815 $ (6,849,328)
TOTAL – ALL CITY FUNDS $ 51,878,842 $ 61,119,216 $ (9,240,374)
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the 2025-2029 Capital
Improvement Plan is adopted in the following amounts, with the 2025 projects included in fund budgets and
projects for years 2026-2029 adopted conceptually:
Fund 2025 CIP 2026 CIP 2027 CIP 2028 CIP 2029 CIP
Vehicle & Equipment
Replacement $1,360,979 $1,313,629 $1,082,492 $1,035,985 $1,246,505
Capital Facilities 165,000 60,000 185,000 190,000 225,000
Park Renovation 0 0 30,000 0 0
Park Development 150,000 180,000 0 0 0
Transportation
Infrastructure Management 281,000 372,000 283,000 294,000 305,000
Pavement Management 16,621,000 5,675,000 5,115,000 11,510,000 11,925,000
Water 2,869,404 1,691,979 1,559,577 1,765,411 3,875,922
Sewer 1,828,904 1,299,805 1,773,965 1,348,400 13,830,231
Storm Water 7,312,100 2,840,000 3,408,765 2,031,512 1,598,436
Total $30,588,387 $13,432,413 $13,437,799 $18,175,308 $33,006,094
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the preliminary levy to
be levied in 2024 upon the taxable property in the City of Chanhassen for collection in the year 2025 for the
following purposes and in the following amounts:
Fund Pay 2025 Levy Amount
General $12,090,000
Fleet & Equipment 705,000
Facilities 170,000
Pavement Management Program 1,000,000
Transportation Infrastructure Management 240,000
Park Renovation 100,000
GO CIP Debt (Civic Campus) 875,000
PW Facility Debt Service 190,000
TOTAL PRELIMINARY LEVY $15,370,000
PASSED AND ADOPTED by the Chanhassen City Council this 9th day of December 2024.
ATTEST:
Jenny Potter, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan McDonald
von Oven
Kimber
Schubert
Docusign Envelope ID: 8C4DF870-63DF-4262-B247-11CBEEEF60B2