Municipal Budgets, Capital Improvements Planning & Public Funding

Wisconsin Rural Water Association
“Municipal Budget Cycle
Capital Improvements Planning
and Public Funding”
Kurt R. Muchow
Community Development Consultant

Session Agenda
• Municipal Budget / Project Cycle vs. Public Funding
• Capital Improvements Planning
• Conventional Funding Methods
• Public Funding Opportunities

Typical Municipal Budget/Project Cycle
2015 2016
J J A S O N D J F M A M J J A S O N D
Budget
Planning
Budget Review
& Adoption Project Implementation
• Financing
• Design / Bidding
Project Implementation
• Construction

Municipal Project Cycle vs. Public Funding
2015 2016 2017
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D
CDBGPFGrantAward(Construction2017)
CDBGPFAward(Construction2018)
CDBGPFApplication
CDBGPFApplication
CDBGPFGrantAward(Construction2016)
CDBGPFApplication
WDNRStewardshipApplicationDeadline
WDNRStewardshipAward(Construction2017)
WDOTTAPAward(Construction2018-2019)
WDOTTAPApplication(Bi-Annual)
WDOTTAPAward(Construction2020-2021)
WDOTTAPApplication(Bi-Annual)
WDOTSTPAward(Construction2017-2019)
WDOTSTPApplication(Bi-Annual)
WDOTSTPAward(Construction2019-2020)
WDOTSTPApplication(Bi-Annual)
WDNRCWF&SDWLAward(Construction2018)
WDNRCWF&SDWL(ITA&PERF)
WDNRCWF&SDWLITA&PERF
WDNRCWF&SDWLFinalApplication
WDNRCWF&SDWLAward(Construction2017)
WDNRCWF&SDWLITA&PERF
WDNRCWF&SDWLFinalApplication

Municipal Capital Improvements Planning
• Goal
– Provide communities
with information on the
capital improvements
needed during the
upcoming planning
period (typically 5
years) and the
proposed method of
financing these
expenditures.

• Definition:
Capital Improvements
– “Capital items should
have a useful life of at
least 3 years and a cost
of $5,000 or more.”

• Components:
– Administrative & Policy Guidelines
– Financial Analysis
– List of Needed Projects & Priority
– Estimated Costs
– Timetable for Implementation
– Sources of Project Funding

• General Suggestions
- Include all Departments
(Public works, water, wastewater, police, fire, parks, etc)
- Create a CIP Committee
(Dept. heads, Clerk, Treasurer, Board/Council members)
- Understand Outside Influences
* WDOT Six Year Plan
* New Regulations (WDNR, EPA, etc.)
* Private Development
- Include Your Professional Advisors
(Financial advisor, engineer, planner, etc.)
- Update the CIP Annually

Case Study-Viroqua (2015 – 2019 CIP)
• Financial Summary
Table 1: General Financial Comparison (2011)
Category High Low Average Viroqua
1. General Gov’t. Spending Per Capita* $ 144.88 $ 3.80 $ 91.09 $ 93.96
2. Street Maintenance Per Capita $ 181.94 $ 64.40 $ 134.74 $ 171.17
3. Fire-Ambulance Per Capita $ 242.75 $ 22.05 $ 83.44 $ 32.49
4. Police Expenses Per Capita $ 656.71 $ 88.12 $ 201.73 $ 226.81
5. General Obligation Debt ($1,000s) $ 15,455 $ 0.00 $ 6,788 $ 5,068
6. Debt Per Capita $ 3,461 $ 0.00 $ 1,414 $ 1,162
7. Munc. Property Tax Levy ($1,000s) $ 4,373 $ 1,067 $ 2,148 $ 1,720
8. Munc. Property Tax Levy Per Capita $ 998 $ 221 $ 427 $ 394
9. Munc. Property Tax Rate(Per $1,000) $ 13.03 $ 3.56 $ 6.95 $ 7.70
10. Equalized Values ($1,000,000s) $ 629.1 $ 190.9 $ 322.4 $ 237.9
11. Shared Revenues ($1,000s) $ 1,785 $ 163.7 $ 757.3 $ 1,090.8
12. Shared Revenue Per Capita $ 396 $ 32 $ 150 $ 250
13. Average Income/Tax Return** $142,080 $ 30,880 $ 43,930 $ 35,200
*Gen. Govt. Spending Per Capita – Spending for legislative, legal, general & financial administration and general buildings.
**Average Adjusted Gross Income per tax return.

Table 3: Municipal Water Rate Comparison (As of 02/18/13)
Annual Water Cost Per Household
Community Population (Based on 75,000 gallons per year)
Darlington 2,450 $ 334
Dodgeville 4,692 $ 352
Lancaster 3,855 $ 321
Mauston 4,447 $ 335
Prairie du Chien 5,895 $ 186
Richland Center 5,186 $ 236
Average of Above Communities NA $ 294
Wis. Avg. (Class 3 Utilities) NA $ 316
Viroqua (rate based on 02/26/13 rate increase) 4,362 $ 462

Table 4: Historic Revenue Trends

Case Study-
Viroqua CIP
TID Boundary Map
vs. Proposed
Projects

• Financial Goals & Strategies
(Adopted by Common Council)
• Minimize new G.O. Debt to keep debt service at
current levels.
• Do not increase water user rates.
• Limit Increases of sewer user rates to +/- 7% to 8%,
keep lower than comparable communities.
• Maximize use of surplus TIF Revenue.
• Maximize use of grants.
• Allocate Street Reconstruction Costs to Sewer &
Water Utilities.

Funds Available for CIP
• General Obligation Debt (No D/S Increase)
• $1,440,000 (Based on 20 yr term)
• Water Utility (No Rate Increase)
• $1,155,000 Rural Dev. Loan
• $ 385,000 Rural Dev. Grant
• $1,540,000 Total
• Sanitary Sewer Utility (7.5% Rate Increase)
• $ 800,000 Reserves
• $3,700,000 New Debt (CWF Rates)
• $ 500,000 CWF Principal Forgiveness
• $5,000,000 Total

Funds Available For CIP
• Tax Incremental Financing
• $1,560,000 New TIF Debt
• Finance w/G.O. Loans
• DOT LRIP Grant
• $221,000 For Northeast Ave.
• CDBG Public Facility Grants
• $1,000,000 (Assumes Two $500,000 Grants)
• Misc. Grants & Contributions
• $300,000

City of Viroqua
Capital Project Information Sheet
Project Title: Rock Avenue – Decker to W. South Street
City Department: Public Works
Description: Reconstruction of street, curb & gutter, sidewalk, sanitary sewer, water
main, storm sewer & street lights.
Project includes reconstruction of:
• Rock Avenue from Decker to W. South Street
• Terhune Street from Main to Rock
• West Court Street from Main to Rock
• West Court Street from Rock to Dunlap
• Jefferson Street from Main to Rock
• West South Street from Main to Rock
Justification & Priority: Condition of sanitary sewer, water main and street is very poor.
Scheduled for construction in 2015. Project is being implemented in
conjunction with construction of the new Library and expansion of
the Western Wisconsin technical College.
Priority: 1 2 3 4 5 (Circle One: 1=Highest, 5=Lowest)
Budget: Funding Sources:
• Capital Purchase =$ • General Fund = $ 0
• Land Acquisition =$ • Sewer Utility (RD Loan) = $ 891,028
• A/E Fees =$ 179,900 • Water Utility (RD Loan) = $ 728,030
• Construction =$ 1,441,379 • Borrowing = $ 0
• Contingency =$ 144,138 • Grants (RD Water 25%) = $ 242,677
• Other – Admin & Legal =$ 16,063 • TIF (TIDs 2 & 3) = $ 134,116*
• Other - Interest =$ 80,255 • Other = $ 0
Total =$ 1,995,851 Total = $ 1,995,851
Implementation Schedule: Project will be bid early 2015 and constructed in 2015.
Special Project Requirements or Considerations:
Rural Development Grant & Loan for Water Main will include both Rock Avenue & Northeast Avenue. Rural Development Sewer
Loan will include Rock Avenue & Northeast Avenue.
• Rural Development eligible water system projects include water main & services and 50% of street reconstruction. Total
estimate Rural Development eligible costs = $970,707. Rural Development grant = 25%. RD Loan = 75%.
• Rural Development eligible sanitary sewer system projects include sewer main, manholes, laterals and 50% of street
reconstruction. Total estimated Rural Development eligible costs = $891,028. To be with $891,028 of Rural Development
Sanitary Sewer Loan. *TID No. 2 & 3 revenue will be used to pay debt service on Rural development sewer loan in an
amount equivalent to a $118,800 TIF loan.
• Storm sewer & non-eligible total costs = $134,116 100% to be paid with TIF.
Submitted By: Steve Clark, DPW

City of Viroqua
Police, Fire, Public Works and Parks & Recreation Departments
Five Year Capital Improvement Project List
Project Description 2015 2016 2017 2018 2019 Total Future
Projects
A. Police Department
1. Squad Cars
2. Radio System
Subtotal Police
B. Fire Department
1. SCBA Equip.
2. Storage Building
3. Building Addition
Subtotal Fire
C. Public Works
1. Tractor & Brush Hog
2. Pickup Truck
3. Dump Truck
Subtotal Pub. Works
D. Parks & Recreation
1. Seal Coating Trails
2. Park Bowl Bleachers
3. Tractor W/ Mower
4. ¾ Ton Plow Truck
5. Playground Equip.
6. Baseball Lights
7. Swimming Pool
Subtotal Park & Rec
E. Equip Reserve Fund
$65,000
$0
$65,000
$0
$0
$0
$0
$91,000
$0
$0
$91,000
$7,500
$0
$0
$0
$0
$0
$0
$7,500
$10,000
$32,500
$30,000
$62,500
$0
$0
$0
$0
$0
$25,000
$0
$25,000
$7,500
$100,000
$0
$0
$0
$0
$0
$107,500
$10,000
$32,500
$0
$32,500
$0
$0
$0
$0
$0
$0
$160,000
$160,000
$0
$0
$0
$0
$0
$0
$0
$0
$10,000
$65,000
$0
$65,000
$200,000
$0
$0
$200,000
$0
$0
$0
$0
$0
$0
$35,000
$0
$0
$0
$0
$35,000
$10,000
$32,500
$0
$32,500
$0
$0
$0
$0
$0
$0
$0
$30
$0
$0
$0
$25,000
$200,000
$0
$0
$225,000
$10,000
$227,500
$30,000
$257,500
$200,000
$0
$0
$200,000
$91,000
$25,000
$160,000
$276,000
$15,000
$100,000
$35,000
$25,000
$200,000
$0
0
$375,000
$50,000
$0
$0
$0
$0
$100,000
$125,000
$225,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$100,000
$2,600,000
$2,700,000
Total Project Costs $163,500 $195,000 $192,500 $300,000 $257,500 $1,108,500 $2,925,000
Funding Sources
1. General Funds
2. Gen. Reserve Funds
3. G.O. Bonds/Notes
4. Water Utility Funds
5. Water Ulility Loan
6. Sewer Utility Funds
7. Sewer Utility Loan
8. Grants
9. Other Contributions
10. Tax Increment Fin.
$72,500
$0
$91,000
$0
$0
$0
$0
$0
$0
$0
$0
$70,000
$0
$75,000
$0
$0
$0
$0
$0
$50,000
$0
$0
$32,500
$0
$160,000
$0
$0
$0
$0
$0
$0
$0
$0
$65,000
$0
$102,000
$0
$0
$0
$0
$100,000
$33,000
$0
$0
$32,500
$0
$125,000
$0
$0
$0
$0
$0
$100,000
$0
$0
$272,500
$0
$553,000
$0
$0
$0
$0
$100,000
$183,000
$0
$0
Total Funding $163,500 $195,000 $192,500 $300,000 $257,500 $1,108,500
Equipment Reserve Fund
Balance
$10,000 $20,000 $30,000 $40,000 $50,000 $50,000
Note: The City should consult with their financial advisor (Ehlers & Associates) regarding financing future capital projects.

Constr Total 12/14/15* 9/14/17* 4/27/21* 4/25/21* Total Water Water Sewer Sewer CWF CWF SDWL SDWL DOT G.O. San. Sewer
Project Name Year Cost TID No. 2 TID No. 3 TID No. 4 TID No. 5 TID Loan Grant Loan Grant Loan Prin. For. Loan Prin. For. LRIP Loan Reserve
1 Nelson Parkway 2014 $430,000 $0 $0 $0 $398,000 $398,000 $0 $0 $0 $0 $0 $0 $0 $0 $32,000 $0 $0 $0
2 Rock Ave - North 2015 $1,995,851 $134,116 $0 $0 $0 $134,116 $728,030 $242,677 $891,028 $0 $0 $0 $0 $0 $0 $0 $0 $0
4 Northeast Ave 2016 $1,230,709 $0 $192,084 $0 $0 $192,084 $425,948 $141,982 $249,695 $0 $0 $0 $0 $0 $221,000 $0 $0 $0
5 WWTP 2016 $3,000,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,776,000 $500,000 $0 $0 $0 $500,000 $0 $224,000
6 Hwy 14 Lift Station 2016 $580,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $580,000
7 Jefferson St - West 2018 $225,000 $0 $0 $225,000 $0 $225,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
8 J Street Lift Station 2019 $348,700 $0 $0 $0 $0 $0 $0 $0 $0 $0 $348,700 $0 $0 $0 $0 $0 $0 $0
9 Center St. 2019 $1,412,715 $0 $0 $240,000 $200,000 $440,000 $0 $0 $0 $0 $606,810 $0 $0 $0 $350,000 $15,905 $0
10 Rock Ave - South 2019 $705,800 $0 $0 $0 $17,000 $17,000 $0 $0 $0 $0 $352,000 $0 $0 $0 $0 $150,000 $186,800 $0
11 E.D. & Downtown $20,000 $0 $0 $20,000 $20,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
12 Planning $30,000 $0 $0 $15,000 $0 $15,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $15,000 $0 $0
Total $9,978,775 $134,116 $192,084 $500,000 $615,000 $1,441,200 $1,153,978 $384,659 $1,140,723 $0 $3,083,510 $500,000 $0 $0 $253,000 $1,015,000 $202,705 $804,000
***TIF-RD $118,800 $10,884 $107,916 $0 $0
TID Total $145,000 $300,000 $500,000 $615,000 $1,560,000
* End of Expenditure Period
** Colored cell means project is located within one-half mile radius of TID.
TIF dollar amounts shown in white cells means these funds need to be transferred to TID No. 4.
***Revenue from TID No. 2 & 3 will be used to pay debt service on Rural Dev Sewer Loan for Rock Ave & Northeast Ave at a rate that is equivalent to a $118,800 TIF loan.
City of Viroqua
2015-2019 Capital Improvements Plan
Project Funding Spreadsheet (08-12-14)
CDBG
Tax Incremental Financing Rural Development DNR Env. Improvement Fund

• G.O. Borrowing
• $553,000 for Equipment & Vehicles
• $552,750 for Infrastructure
• Less than maximum goal
• Water Utility
• $1,153,978 Rural Dev, Loan (Rock & NE Ave)
• $384,659 Rural Dev. Grant (Rock & NE Ave)
• No Rate Increase
• Sewer Utility
• $1,140,000 Rural Dev. Loan (Rock & NE Ave)
• $3,100,000 DNR CWF Loan (WWTP)
• $ 500,000 DNR CWF Prin. Forgiveness (WWTP)
• $ 804,000 Reserves (WWTP & Hwy 14 LS)
• +/- 8% Rate Increase without Refinancing
CIP Summary

• 2020-2024
• General Fund
• Two Bonds will be paid off (2020 & 2022)
• Can borrow +/- $1,450,000 based on 20 year term
• Sanitary Sewer Utility
• Can refinance 2007 & 2010 bonds in 2019
• Can borrow +/- $2,500,000 with future surplus revenue
• Water Utility
• Can borrow +/- $1,160,000 with future surplus revenue
After Five Years – Then What?

Conventional Funding Methods
• Budgeted Funds
- General Fund (Local Taxes)
- Water Utility (User Rates)
- Wastewater Utility (User Rates)
- Stormwater Utility (User Rates)

• General Obligation Debt
- Debt Service Paid With R. E. Tax Revenue
(Can also be paid by TIF Revenue or Utility Revenue)
- Secured by Taxing Authority
- Most Secure Debt – Lowest Interest Rates
- Max. G.O. Debt = 5% of Equalized Value
- Project Types: Equipment, Buildings, Streets,
Sidewalks, storm sewer, etc.

• Mortgage Revenue Bonds
- Debt Service Paid With Sewer or Water Rates
- Secured by Utility
- Higher Interest rates vs. G. O.
- Project Types: Sanitary Sewer, Water or Storm
Sewer Utility Projects

• Special Assessments
- Costs Assessed to Benefitting Properties
- Statutory Process Including Public Hearing
- Assessment Methods: Per Lot, Per Front
Foot, Per Acre, etc.
- Typical Project Types: Sidewalk, Curb &
Gutter, Sewer, Water, etc.

• Impact Fees
- Created by Local Ordinance
- Charged to Developers or Lots Within New
Developments
- Typical Projects: Park Fees, Stormwater
Fees, Sewer & Water Fees, Library Fees, etc.

Public Funding Opportunities
• What is Public Purpose?
– Economic Development
– Health & Safety
– Blight Elimination & Urban Renewal
– Low-Income & Poverty
– Affordable Housing
– Environmental Protection
– Recreation & “The Pursuit of Happiness”

Parks, Trails & Water Recreation
• WDNR Stewardship
• WDNR Rec. Boating
• County Park Grants
• County Conservation
Grants
• DOT Alternatives
(MAP21)
• Tax Incremental
Financing

Water Resources & Flood Mitigation
• WDNR Urban Non-Point
• WDNR Lake Planning &
Protection
• WDNR River Planning &
Protection
• WDNR Municipal Flood
Control
• FEMA Hazard Mitigation
• CDBG PF & PF-ED

Municipal Infrastructure
• WDNR Safe Drinking Water
• WDNR Clean Water Fund
• Rural Dev. Rural Utilities
• Rural Dev. Comm. Fac.
• WDOT Local Programs
• CDBG PF & PF-ED
• WDOT Tran. Econ Assist.

Economic Development
• CDBG Planning
• CDBG PF & PF-ED
• WEDC Programs
• Brownfield Programs
• Econ. Dev. Admin
• Rural Development

Federal Surface Transportation Bill (MAP-21)
• Signed into law July 6, 2012
• New “Transportation Alternatives Program”
• Replaces:
• Transportation Enhancement
• Safe Routes to Schools
• Scenic Byways
• Recreational Trails
• Bi-Annual Application Cycles
in Odd Years.

Tax Incremental Financing - Basics
• TIF = Tax Increment Financing
• TID = Tax Increment District
• First Authorized in1975, Wis. 66.1105
• Currently over 1000 active TIDs in
Wisconsin in over 400 communities

TIF is a tool available to communities
that assists in promoting the orderly
growth and development of the
community. TIF is used as a means to:
•promote industrial development
•promote mixed-use development
•eliminate blighted areas
•rehabilitate deteriorating areas

Tax Incremental Financing –
General Requirements
• The development described in the Project Plan would not
occur without the creation of TID
• Improvements in the TID are intended to encourage and
attract business growth and improve the local tax base
• The District is contiguous and contains only whole parcels
• Planned improvements will enhance the value of property in
the TID
• Improvements to the District are likely to encourage and
promote conformity with the City's existing plans and policies
• The equalized value of the taxable property of the TID, plus
the aggregate value increment of all existing TIDs does not
exceed 12% of the total value of equalized taxable property
in the City

TID Creation Process
• Determine need for TIF
• Identify TID Type
• Identify Area to be included in the TID Boundary
• Identify TID Eligible Projects
• Perform Economic Analysis
• Create a Project Plan
• Establish Joint Review Board
• Public Hearing & Plan Commission Resolution
• Common Council Resolution
• Joint Review Board Adoption

Eligible TIF Projects
• Eligible TIF projects can be located within
the TID, or within one-half mile radius.
• Eligible projects must benefit TID
• Eligible projects include:
- Infrastructure
- Land acquisition / demolition
- Site development
- Development Incentives
- Marketing & promotion
- Adminitration

Type of Tax Increment Districts
• Industrial Development TID
- 50% of area needs to be suitable for and
zoned for industrial development
- Maximum Life = 20 years
- Expenditure Period = 15 Years

• Blight Elimination TID
- Typically Older Neighborhoods
- 50% of Area Must be Declared Blighted
- Requires Formal Designation of Blight
- Letter’s Must be sent to Landowners
- Maximum 27 year = 27 Years

• Rehabilitation/Conservation TID
- Commonly Referred to as Revitalization TID
- At least 50% of the property must be suitable
for rehabilitation or conservation
- No more than 25% can be vacant property
- Letter’s Must be sent to Landowners
- Maximum 27 year = 27 Years

• Mixed-Use TID
- Must Have at Least Two Land Uses
(Commercial/Residential/Industrial)
- No More Than 35% can be Residential
- Maximum Life = 20 years

PDCH 2008 Street & Utility Reconstruction
• City Infrastructure Reconstruction
– 10,000 LF of Street & Utility Reconstruction
– Downtown Enhancement
– Total Project Cost = $4.3 Million
• $1.5 M WDNR CWF Loan
• $1.7 M WDNR SDWL Loan
• $660,000 WDOT Enhancement Grant
• $300,000 CDBG Grant
• $105,000 Tax Incremental Financing
• $50,000 Fundraiser
• $0 General Fund

Railroad
Crossing
Safety
Improvements
USH 18 Bypass
Blackhawk Ave.
Enhancements
Downtown
Revitalization
Marquette Road
Reconstruction
Existing TIDs
with Eligible
Projects
City of Prairie du Chien
2014-2015 TIF Projects
Project Cost
•Lessard St. Extension = $578,000
•22nd
St. Extension = $1,615,000
•Woodridge Acres = $1,050,000
•Prairie Mason Redevelopment = $450,000
•Godden Pit = $395,000
•Northgate Business Park = $1,132,000
•Marq. Road Sewer & Water = $1,300,000
Total = $6,600,000
Funding Source
•$502,000 DNR SDWL
•$265,000 Sewer Bond
•$5,833,000 Surplus TIF Funds

Viroqua Street & Utility Reconstruction
• 14 City Blocks of Street & Utility
Reconstruction
• Majority Located In Downtown
• Total Project Cost = $3,225,000
• Project Funding
• $1,153,978 Rural Development
Water Loan
• $384,659 Rural Development
Water Grant
• $1,140,723 Rural Development
Sewer Loan
• $326,200 TIF
• $221,000 DOT LRIP Grant
• All Loans Paid by TIF and Sewer &
Water Utilities. $0 General Fund.

DeForest TID Development
• Municipal Funded Private Development
– Project Summary
• Private Business Park, 100 acres
• $5,000,000 Development Cost
– Village Obligations
• Execute Development Agreement
• Create TID & Special Assessment
• Issue Bonds to Fund Infrastructure
• Design & Construct Infrastructure
– Developer Obligations
• Execute Development Agreement
• Implement Private Development
• Repay Village Bond through TIF
Revenue & Special Assessment Payments

Lyndon Station Water System
• Project Summary
– New Water Tower
– Water Distribution System Improvements
– Well Rehab & Emergency Generator
• Total Project Cost = $1,820,000
– $600,000 CDBG-PF Grant
– $1.22M WDNR SDWL Loan

Marathon City Business Park
• Project Summary
– 80-acre Business Park
– Creation of $9.0M new tax base
– Creation of 150 jobs
• Total Project Cost = $3.5M
– $250,000 CDBG-PFED Grant
– $530,000 DOT-TEA Grants (2)
– $2,720,000 TIF

Park Place Apartments, Reedsburg
• Project Summary
– 48-unit Senior
Housing Apts.
– Downtown
Redevelopment
– Blight Elimination
• Total Cost = $6.0M
– $640,000 CDBG-EAP
– $300,000 TIF
– WHEDA Section 42
Tax Credits

DeForest Business Park
• Project Summary
– 115-acre Business Park
– Creation of $63.8M new tax base
– Creation of over 300 jobs
• Project Scope
– Streets & Utilities
– Storm Water management
– Rail Spurs
• Funding
– RDA-Lease Revenue Bonds
– $798,000 CDBG-PFED Grants (2)
– $300,000 WDOT-TEA Grants (2)
– $174,000 WDNR Non-Point Source Grant
– Tax Incremental Financing

Village of Oregon
Oregon to Badger State Trail
• Project Summary
• 1.8 Mile Trail
• Total Project Cost = $842,000
• Funding Sources
• Village TIF = $120,000
• 2011 Dane County PARC Grant = $250,000
• 2014 Dane County PARC Grant = $150,000
• Town of Oregon & Contributions = $ 35,000
• Village Funds = $287,000

DeForest-Upper Yahara River Trail
Description Phase 2 Phase 3
Total Trail Length 1,750 lf 7,500 lf
• Boardwalk 1,300 lf 1,700 lf
• Paved Trail 450 lf 5,800 lf
Project Cost $850,932 $680,000
Source of Funds
• WDNR Stewardship $243,997 $180,000
• WDNR Urban Rivers $ 0 $245,000
• Dane County PARC $225,000 $150,000
• Federal Rec. Trail $ 45,000 $ 45,000
• Madison Community Foundation $ 0 $ 50,000
• Village Funds $336,935 $ 0

Monona-Lottes Park
• Project Scope
• Parking Lot
• Boat Ramp
• Piers
• Navigational Dredging
• Restroom & Fish Cleaning
• Total Project Cost
• $1.6 Million
• Funding
• Dane County PARC Grant = $150,000
• WDNR Rec. Boating Grant = $500,000
• Developer Park Fees = $150,000
• City TIF = $700,000
• City General Fund = $100,000

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