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Edgerton council discusses 2025 capital plan, ARPA priorities and possible library furnace funding
Summary
City staff outlined the 2025 capital plan and borrowing assumptions, urged redoing traffic counts to improve a DOT grant application for IKI Drive, and asked the council to authorize quick investigations into LED lighting upgrades and a new library furnace using available ARPA and capital-surplus funds.
City of Edgerton staff presented a draft 2025 capital plan Tuesday, urging the council to prioritize a limited set of projects and flagging funding options, including capital surplus, borrowing and unallocated ARPA funds.
“Last year there was a significant increase in shared revenue and the capital plan assumes using much of that for roads,” said City staff (first presented at the capital-plan discussion). Staff said the city expects to keep annual debt service near $600,000 and has a planned $1.5 million borrowing in 2027 to sustain larger street projects.
Why it matters: the council must decide which projects to commit before the end-of-year deadline for obligating roughly…
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