Woodbury City Council — Agenda
Tuesday, June 9, 2026
Street Reconstruction/Maintenance Fund Status and Long Term Funding
Review of Draft 2027 – 2031 Capital Improvement Plan (CIP)
Votes (2)
Update of Street Reconstruction/Maintenance Fund Status and Discussion of Staff Recommendation on Long Term Funding and Task Force Engagement
Staff presented a detailed financial and pavement condition analysis of the Street Reconstruction/Maintenance Fund for the 2026-2035 planning horizon. The analysis confirmed the current funding framework's effectiveness in meeting pavement condition targets and maintaining financial stability, with fund balances projected to remain strong. Staff recommended continuing the existing funding approach, including the 5.5% annual levy increase and current assessment policy, and utilizing ongoing staff evaluation, the annual CIP process, and ICON software for monitoring. A key point was the recommendation against forming a new citizen task force at this time, reserving it for significant future policy changes.
Review of Draft 2027 – 2031 Capital Improvement Plan
The workshop provided an opportunity for the City Council to review the proposed 2027-2031 Capital Improvement Plan (CIP), a five-year planning document detailing major capital projects, equipment needs, and associated funding. The total proposed budget for the CIP is $262,106,000. Staff emphasized that the CIP serves as a guiding document for future planning and annual budgeting, rather than an immediate appropriation of funds. Discussions covered proposed revenue sources, departmental expenditures, project prioritization, and the role of debt financing while noting the City's manageable debt levels. Council's direction was sought to refine the document before its planned formal adoption.
Notable Quotes (8)
Staff is seeking Council concurrence with the recommendations outlined below, including that formation of a new citizen task force is not warranted at this time.
A new citizen task force is not necessary at this time, as the current funding framework is functioning as intended and no structural policy deficiencies have been identified.
Continue the existing funding approach, including the 5.5 percent annual levy increase and current assessment policy.
The Street Reconstruction/Maintenance Fund is projected to remain above a reserve balance of $12,000,000 throughout the 2026-2035 planning horizon, ending at approximately $16.9 million in 2035 with continuation of the existing 5.5 percent annual levy increase.
Annually, the City develops a five-year plan of major projects and purchases on the horizon. Accordingly, presented with this letter is the proposed 2027 – 2031 Capital Improvement Plan (CIP).
The FY 2027 – FY 2031 CIP totals $262,106,000 in capital projects over the five-year plan.
The CIP is not an appropriation of legal expenditure authorization. It is an important planning step ahead of the annual budget development process.
Overall funding for the CIP is sufficient; however, the plan does require the use of debt financing as is shown in the plan. Woodbury’s debt levels continue to be low, particularly for a growing city.
Ordinances & Resolutions (19)
Summarized a 10-year financial and pavement condition analysis of the Street Reconstruction/Maintenance Fund.
Established the current framework for the Street Reconstruction/Maintenance Fund, including the 5.5 percent annual levy increase, assessment policy, and pavement condition targets.
Refined the framework established by Council Resolution No. 14-223.
The City's proposed five-year plan outlining major projects, purchases, and expenditures totaling $262,106,000.
Mandates the City Administrator to prepare an annual fiscal budget and capital improvement plan.
Long-term planning objectives that citywide projects in the CIP must comply with.
Strategic goals whose capital aspects are implemented through the CIP projects.
A guide used to ensure proper timing, resourcing, and staffing for community engagement on CIP projects.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
A policy providing guidance for CIP development and implementation.
Software used by Engineering staff for comprehensive reassessment and predictive modeling of pavement conditions.