2025-88.docx
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE: December 15, 2025 RESOLUTION NO: 2025-88
MOTION BY: von Oven SECONDED BY: Kimber
A RESOLUTION APPROVING THE 2026 CITY BUDGET,
THE 2026-2030 CAPITAL IMPROVEMENT PLAN,
AND THE FINAL 2025 TAX LEVY, COLLECTIBLE IN 2026
WHEREAS, the City Council has examined the budgetary and tax levy needs for the City of Chanhassen for
the calendar year 2026 through public budget meetings; and
WHEREAS, the City Council held a Truth-in Taxation public meeting on December 15, 2025, to receive
public input on the budget and tax levy for 2026.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen that the 2026
budget for the following funds is adopted in the following amounts:
Governmental Funds
Revenues &
Transfers In
Expenditures &
Transfers Out
Change in
Fund Balance
General Fund $16,924,270 $16,924,270 $ 0
Special Revenue Funds
Charitable Gambling 56,200 55,000 1,200
Cemetery 4,000 3,000 1,000
Cable Franchise 200 0 200
Grants Fund 15,200 410,000 -394,800
Local Affordable Housing Aid 310,000 0 310,000
Debt Service Funds
Permanent Revolving Debt 15,600 500,000 -484,400
2016A PW Facility Bonds 380,400 460,400 -80,000
2024A Civic Campus Bonds 1,269,300 1,054,450 214,850
2025A Temp Sales Tax Bonds 3,040,100 434,006 2,606,094
2025B Civic Campus Bonds 680,000 383,504 296,496
Capital Funds
Vehicle & Equipment Replacement 953,700 1,006,575 -52,875
Capital Facilities 174,800 96,000 78,800
Park Renovation 112,400 0 112,400
Park Development 892,376 3,044,352 -2,151,976
Transportation Infrastructure Management 255,800 573,000 -317,200
TIF #11 – Frontier Development 299,300 283,700 15,600
TIF #12 – Lake Place Senior Apartment 200,100 181,125 18,975
Pavement Management 11,931,902 12,035,000 -103,098
Total Governmental Funds $37,515,648 $37,444,382 $71,266
Enterprise Funds
Revenues &
Transfers In
Expenditures &
Transfers Out
Change in Cash
Balance
Water Fund $6,960,386 $6,239,987 $720,399
Docusign Envelope ID: 1FCC8E2E-1053-4B3B-93A7-5BBA5DD281CE
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Sewer Fund 5,570,306 6,645,154 -1,074,848
Storm Water Fund 2,860,250 5,399,186 -2,538,936
Total Enterprise Funds $15,390,942 $18,284,327 $-2,893,385
TOTAL – ALL CITY FUNDS $52,906,590 $55,728,709 $-2,822,119
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the 2026-2030 Capital
Improvement Plan is adopted in the following amounts, with the 2026 projects included in fund budgets and
projects for years 2027-2030 adopted conceptually:
Fund 2026 CIP 2027 CIP 2028 CIP 2029 CIP 2030 CIP
Vehicle & Equipment $1,006,575 $1,091,005 $1,463,498 $1,284,718 $1,396,433
Capital Facilities 116,000 185,000 190,000 225,000 225,000
Park Renovation - 30,000 - - -
Park Development 180,000 - - - -
Transportation
Infrastructure
Management
373,000
293,000
304,000
315,000
326,000
Pavement Management 11,985,000 8,835,000 15,915,000 5,300,000 6,300,000
Water 1,668,179 1,372,068 2,468,679 836,291 4,503,675
Sewer 1,477,099 1,550,456 1,827,668 725,600 14,489,556
Storm Water 3,677,500 2,708,765 3,526,512 1,598,436 2,122,269
Total $20,483,353 $16,065,294 $25,695,357 $10,285,045 $29,362,933
BE IT FURTHER RESOLVED by the City Council of the City of Chanhassen that the preliminary levy to
be levied in 2025 upon the taxable property in the City of Chanhassen for collection in the year 2026 for the
following purposes and in the following amounts:
Fund Pay 2026 Levy Amount
General $12,574,000
Fleet & Equipment 725,000
Facilities 170,000
Pavement Management Program 820,000
Transportation Infrastructure Management 240,000
Park Renovation 110,000
Civic Campus Debt Service (2024A Bonds) 930,000
2025B Bonds – CIP Levy Portion 400,000
2025B Bonds – Abatement Portion 100,000
PW Facility Debt Service 369,000
TOTAL PRELIMINARY LEVY $16,438,000
PASSED AND ADOPTED by the Chanhassen City Council this 15th day of December 2025.
ATTEST:
Jenny Potter, City Clerk Elise Ryan, Mayor
YES NO ABSENT
Ryan
von Oven
Kimber
Schubert
McDonald
Docusign Envelope ID: 1FCC8E2E-1053-4B3B-93A7-5BBA5DD281CE