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Park Board presents 2024 annual report; city staff list $62M+ in proposed capital asks for MMB review
Summary
The Park and Recreation Board presented its 2024 annual report and five‑year project schedule; staff outlined early 2026 bond and capital requests including a $12.36M water main ask, $5M ADA bonding ask against an estimated $400M need, and stormwater and sanitary projects with asks totaling more than $62 million.
The Minneapolis Park and Recreation Board’s finance director presented the board’s 2024 annual report and five‑year project schedule to the City Council Intergovernmental Relations Committee on Sept. 9, highlighting the NPP 20 program, ordinance‑based project-selection criteria and the board’s capital planning process.
Julie Wiseman, finance director for the Park and Recreation Board, said the NPP 20 program—created by a concurrent ordinance with the City—provides guaranteed funding for neighborhood‑park maintenance, rehabilitation and capital improvements. Wiseman reported the City’s 2025 general fund property tax support for the NPP 20 program at $4,400,000 and the 2025 capital and rehabilitation allocation at $12,690,000; she said the ordinance requires an annual report and that the guaranteed minimum is adjusted every five years.
City intergovernmental staff then reviewed…
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