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During the July 21st Public Works Committee meeting staff was asked to provide more information regarding the revenue <br />source of the Street Light Fund. Attached is a pdf with three pages showing various revenue and expenditure information for <br />this fund. The first page is the year-to-date budget summary for the street light fund (through 5/31/26) presented in the July <br />14th City Council agenda, which shows the revenues for subdivision and priority street lights. The second page is the 2026 <br />adopted budget sheet for the street lighting fund showing subdivision and priority street light collections for years 2022 <br />through 2025, as well as expenditures for Connexus Energy charges. The third page is the street light cash flow reflecting <br />street light project costs from the 2026-2035 CIP. Note that no street light projects are proposed after 2027. However, due to <br />increasing utility costs, staff plans to increase rates for 2027 as subdivision street light fees have not increased for several <br />years. <br />Recommendation: <br />Staff recommends Alternative #1. <br />On July 21, 2026, the Public Works Committee unanimously recommended City Council approval of Plans and Agreements <br />with Connexus Energy for COR Street Lighting Improvements, Improvement Project #25-12. <br />Outcome/Action: <br />Motion to adopt Resolution #26-163 approving Plans and Agreements with Connexus Energy for The COR Street Lighting <br />Improvements, Improvement Project #25-12. <br />Attachments <br />Resolution 26-163 ACTION <br />Final Plans <br />Connexus Agreements <br />041525 PWC Case wAtts <br />CIP Pg 291 <br />Street Light Fund Information <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 07/23/2026 03:07 PM <br />Form Started By: Bruce Westby Started On: 01/05/2026 03:54 PM <br />Final Approval Date: 07/23/2026 <br />