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Pleasant Prairie reviews TID budgets, highlights splash pad and 95th Street design
Summary
Staff presented TID balances and capital priorities: Prairie Highlands (TID 5) funding water main and roundabout projects, a planned splash pad ($4,450,000) among 2025 capital items, and an $8.5 million overall capital program for 2025. The board discussed funding sources and timing.
In the budget presentation, staff reviewed tax incremental district (TID) activity and the capital program the board will fund or manage in 2025.
Kathy told the board that capital outlay for 2025 is proposed at roughly $8,500,000 and listed major projects: paving, replacement of a fire engine/pumper tanker for about $1,190,000, parking lot resurfacing, a splash pad estimated at $4,450,000, and design for a 95th Street reconstruction project ($675,000). She also explained that 2024 capital expenditures were unusually high because of carryover spending related to police and fire station borrowing that pushed 2024 estimated spending toward $25,000,000. Staff described how specific TIDs (Prairie Highlands/TID 5, Fiduciary/TID 8, Main Street/TID 6 and new TID 10) generate increments used for capital projects and developer municipal revenue obligation (MRO) payouts.
