Finance Committee Meeting — Agenda packet

Posted On: 07/09/2026 FINANCE COMMITTEE MEETING MONDAY, JULY 13, 2026 – 11:00 AM OR IMMEDIATELY FOLLOWING THE ADJOURNMENT OF THE JOINT MEETING OF THE FINANCE COMMITTEE AND VILLAGE BOARD Sister Bay Liberty Grove Fire Station – 2258 Mill Road To access the meeting electronically, click: https://zoom.us/j/4439901723?pwd=yAVpi40M1OIqgNufcVUE8XWCUSkKaH.1&omn=97063638580 Meeting ID: 443 990 1723 Passcode: 304078 To connect by phone: 1-301-715-8592 - Meeting ID 443 990 1723# Deviations from the agenda order shown may occur For additional meeting information visit: www.sisterbaywi.gov, click ‘Agendas and Minutes’ AGENDA 1. Call to Order (Zoom Participants Mute Devices) 2. Roll Call 3. Approve Agenda 4. Approve Meeting Minutes: a) June 8, 2026; Regular Meeting 5. Discussion/Action Items a) Budgeting Software Discussion b) TIF Assistance Policy c) 2027 CIP: Preliminary Review and Discussion 6. Staff Reports 7. Matters to be Placed on a Future Agenda or Referred to a Committee, Official or Employee a) Propane for Village Facility b) 2027 Budget: Preliminary Review and Discussion c) 2027 CIP: Preliminary Review and Discussion 8. Next Meetings a) July 27, 2026; 10:00 AM b) August Meeting - TBD 9. Adjourn Public Notice Questions regarding the nature of the Agenda items or more detail on the items listed can be directed to Benjamin Andrews, Village Administrator, at administrator@sisterbaywi.gov. It is possible that members of and possibly a quorum of members of other governmental bodies may attend the meeting to gather information; no action will be taken by any governmental body other than the body specifically referred to above. Upon reasonable notice, a good faith effort will be made to accommodate the needs of disabled individuals through sign language interpreters or other auxiliary aid or accommodation at no cost to the individual. Due to the difficulty in finding interpreters, requests should be made as far in advance as possible, preferably a minimum of 48 hours. For additional information or to request this service, contact the Sister Bay Village Administration Office at 854- 4118; (FAX) 854-9637; or by writing to the Village Administration Building, 2383 Maple Drive, PO Box 769, Sister Bay, WI 54234. Copies of reports and other supporting documentation are available for review online. The Village of Sister Bay is an Equal Opportunity Provider and Employer 1 1 FINANCE COMMITTEE MEETING MINUTES 1 Monday, June 8, 2026, 11:00 AM 2 Unapproved 3 4 1. Call to Order5 Chair White called the Finance Committee meeting to order at 11:01 AM on Monday, June 8, 2026.6 7 2. Roll Call8 Present: Chair Brigid White, Mike Laszkiewicz, Terry Kelly, Louise Howson, Andy Woerfel9 10 Others: Administrator Ben Andrews, Village Clerk Julie Thyssen, Financial Specialist/Treasurer Vlad 11 Gannik. Kristin Fine ClearGov, Zach Day and David Eberting, Caselle 12 13 14 3. Approve Agenda15 Motion to approve the agenda was made by Laszkiewicz and seconded by Kelly. Motion carried — all ayes.16 17 4. Approve Meeting18 a. May 21, 202619 Howson identified a correction on page 4, line 16, noting that the minutes incorrectly attributed the20 motion to adjourn to her, as she had left the meeting early. The correction was to properly attribute the21 motion to the appropriate member.22 Motion to approve the May 21, 2026 meeting minutes as amended was made by Howson and seconded23 by Laszkiewicz. Motion carried — all ayes.24 25 5. Comments, Correspondence and Concerns from the Public26 No public comments, correspondence, or concerns were received.27 28 6. Presentations29 a. Request to Implement ClearGov Budgeting & Reporting Solutions30 Kristen from ClearGov outlined two proposals for budgeting modernization software, addressing the need31 to shift from manual spreadsheets and enhance visibility, data integrity, and public transparency. Option32 1 featured Operational and Personnel Budgeting modules, with a setup fee of $9,724 and an annual fee33 of $16,650. Option 2, the more comprehensive package, offered five modules, including Capital34 Budgeting, Digital Budget Book, and Financial Engagement, with a setup fee of $12,289 and an annual fee35 of $24,289, providing a 40% discount and additional transparency tools. Key discussions focused on36 improving data accuracy and community transparency over reducing staff. ClearGov confirmed that it37 includes unlimited users and onboarding support. Gannik raised concerns about potential extra charges38 from Cassell, the current ERP provider, and the need to consider these in future negotiations.39 Implementing ClearGov was noted as unsuitable for FY 2027 due to workload; instead, they'd aim for a40 2026 contract with no immediate costs, starting in January 2027 for readiness by FY 2028, utilizing41 populated FY 2027 data. The committee agreed to review the full contract, ensure no data release fees42 from Cassell, and confirm all workflows are included.43 Action Items:44 • Andrews and Gannik to obtain updated contract documents with a January 1, 2027 start date,45 same pricing, and no 2026 fees.46 • Staff to confirm with Cassell that data release will not incur additional charges.47 2 Minutes of the June 8, 2026, Meeting of the Finance Committee – Unapproved 2 • Staff to confirm that all applicable Village budget spreadsheets and workflows will be covered 1 under the selected option.2 • Staff to review full contract language and return to the Finance Committee at the July meeting3 prior to forwarding to the Village Board.4 5 7. Discussion/Action Items6 a. Budgeting Software Discussion7 Discussion continued from the ClearGov presentation. The committee reviewed community feedback8 obtained from four Wisconsin municipalities currently using ClearGov. Feedback was generally more9 favorable among smaller communities with smooth onboarding experiences, while larger communities10 expressed mixed satisfaction, citing onboarding difficulties and concerns about cost relative to value.11 The committee reached consensus that Option 2 is the preferred approach, contingent upon the contract12 and staff review described above. The matter will return to the Finance Committee at the July 202613 meeting for final recommendation to the Village Board.14 15 b. Caselle; Proposal for Utility Software16 Cassell proposed replacing the Village's utility bill payment platform from Express Bill Pay with Cassell's17 Community Connect Citizen Portal. David from Cassell highlighted benefits, including instant payment18 posting to the general ledger, removal of the $25,000 holding account, direct staff refunds, correction of19 misapplied payments, paperless billing, self-service setup, and easier deposit reconciliation. The system's20 cost is $100 monthly plus standard card fees like current charges. Gannik advised delaying the transition21 until Q2 2027 to lessen financial reconciliation risks, though Kara suggested a September –October 202622 rollout to avoid operating two systems. David confirmed signing the agreement soon would waive a23 $1,200 setup fee and secure implementation scheduling without fixing a start date.24 25 Motion to approve the Cassell Community Connect utility software proposal, with staff authorized to 26 determine the appropriate implementation timeline, was made by White and seconded by Laszkiewicz. 27 Motion carried — all ayes. 28 Action Items: 29 • Staff to review the agreement forwarded by Cassell and confirm acceptable terms.30 • Gannik and Utility Billing Staff to coordinate and confirm preferred implementation start date.31 32 c. 2025 Budget; Year-End to Actuals33 Gannik presented preliminary FY 2025 year -end financial results, noting that figures remain unaudited34 and subject to change. Initially, an expenditure variance under budget was reported at $587,000;35 however, a subsequent $319,172 transfer to the debt service fund was identified and recorded, reducing36 the effective underspend to approximately $200,000 (7% under budget). A $100,000 transfer from TID37 No. 1 to the General Fund helped address a preliminary deficit, resulting in a surplus of $40,000. TID No.38 1's fund balance was deemed sufficient for covering debt obligations, with an additional $100,000 above39 the debt coverage threshold. Howson pointed out a notable underspend in Recreation Facilities requires40 follow-up, and Laszkiewicz suggested reviewing multi-year departmental trends to clarify budget patterns.41 Gannik highlighted changes to avoid end -of-year spending of balances, contributing to underspending,42 and improvements to revenue recording with CLA under new GASB standards.43 Action Items:44 • Gannik to present updated year-end figures once the audit is finalized.45 • Staff to prepare multi-year departmental trend data for use during FY 2027 budget development.46 • Gannik to explore presentation of budget -to-actual variances as percentages to establish47 benchmark thresholds for future reporting.48 3 Minutes of the June 8, 2026, Meeting of the Finance Committee – Unapproved 3 1 d. 2027 CIP and Budget: Preliminary Review and Discussion2 Andrews presented a proposed budget development schedule for FY 2027, structured to meet statutory3 requirements and provide adequate time for staff preparation, Finance Committee review, and Village4 Board adoption.5 The following meeting dates were established:6 • July 13, 2026 at 10:00 AM — Regular Finance Committee meeting (CIP preliminary review)7 • July 27, 2026 at 10:00 AM — Finance Committee budget workshop8 • August 2026 — TBD; to be confirmed at the July 13th meeting with full committee9 • September 2026 and beyond — Per the schedule presented in the packet10 11 The committee noted that Baird is expected to present the TID 101 and TID Overview Services 12 presentations at an upcoming Finance Committee meeting, with Village Board members invited to attend. 13 Howson requested that staff inquire with Baird regarding the status of DOR implementation guidance for 14 Act 235 (residential tax increment district legislation), which remained pending at the time of the prior 15 presentation. 16 Action Items: 17 • Andrews to coordinate with Baird to schedule the TID 101 and TID Overview Services18 presentations at an upcoming Finance Committee meeting and invite Village Board members.19 • Andrews to inquire with Baird regarding the status of DOR Act 235 implementation guidance.20 • August Finance Committee date to be finalized at the July 13th meeting.21 22 e. Propane for Village Facility23 Andrews presented historical propane expenditure data for Village facilities. The Village has maintained24 an informal relationship with Ferrell Gas as its primary supplier, with no contract currently in place. FY25 2025 propane expenditures totaled approximately $48,000 across all facilities. The committee discussed26 whether to pursue a formal competitive bid process (RFP) or direct procurement outreach to alternative27 vendors.28 The committee agreed that direct procurement — contacting available providers for quotes without a29 formal RFP — was the appropriate approach, and that any potential new provider should be asked to30 address tank swap-out and installation costs as part of their proposal. Staff noted the Village likely owns31 its tanks, which would provide flexibility in vendor selection.32 Motion to direct staff to obtain propane quotes from selected providers through a direct procurement33 process and return with a summary for committee consideration was made by Howson and seconded by34 Laszkiewicz. Motion carried — all ayes.35 Action Items:36 • Andrews to contact Ferrell Gas, the co-op, Lakes Gas, and Gas Co. for competitive propane pricing37 quotes for all Village facilities.38 • Staff to confirm ownership status of Village propane tanks.39 • Staff to inquire whether vendors will waive tank swap-out and installation fees in exchange for a40 service contract.41 • Quotes to be returned to the Finance Committee for review and vendor selection.42 43 8. Matters to be Placed on a Future Agenda or Referred to a Committee, Official or Employee44 The following items were confirmed for placement on future Finance Committee agendas:45 a. TID 101 Presentation46 To be scheduled at an upcoming Finance Committee meeting; Village Board members to be invited.47 b. TID Overview Services Presentation48 4 Minutes of the June 8, 2026, Meeting of the Finance Committee – Unapproved 4 To be scheduled in coordination with Baird; pending finalization of their materials. 1 c. TID Assistance Policy Review2 To be deferred until after the TID Overview Services Presentation is completed.3 d. 2027 CIP: Preliminary Review and Discussion4 Scheduled for the July 13, 2026 Finance Committee meeting.5 e. 2027 Budget: Preliminary Review and Discussion6 To follow the CIP review per the budget development schedule.7 8 9. Next Meeting9 The next regular Finance Committee meeting is scheduled for Monday, July 13, 2026 at 10:00 AM . A10 budget workshop is also scheduled for Monday, July 27, 2026 at 10:00 AM . An August meeting date11 remains to be determined.12 13 10. Adjourn14 Motion to adjourn at 1:44 PM was made by White and seconded by Howson. Motion carried — all ayes.15 16 Minutes Submitted by Julie Thyssen, Village Clerk 17 5 Page 1 STAFF REPORT Date: July 13, 2026 To: Finance Committee Re: Budgeting Software Discussion Author(s): Benjamin Andrews, Village Administrator; Volodymyr Gannik, Finance Specialist-Treasurer Action(s) Requested: ☐ Ordinance ☐ Resolution ☒ Motion ☐ Receive/File BACKGROUND INFORMATION From the previous meeting, Village Staff were asked t o o btain a revised “contract” (service order), with a January 1st, 2027 start date, same pricing, and no 2026 fees. The contract has been included as an attachment in the packet . Further, the Committee requested that the terms and conditions language be reviewed prior to making a recommendation to the Village Board . The service agreement conditions are also attached. ATTACHMENT(S) 1. Email from ClearGov 2. Revised Service Order 3. Service Agreement Conditions 6 Outlook Re: ClearGov + Sister Bay, WI From Kristin Fine <kfine@cleargov.com> Date Tue 6/9/2026 10:00 AM To Volodymyr Gannik <Vlad.Gannik@sisterbaywi.gov> Cc Ben Andrews <administrator@sisterbaywi.gov> 2 attachments (160 KB) ClearGov-BCM-Service-Agreement (5).docx; ClearGov Service Order for Sister Bay, WI-Jan27.pdf; Hi Vlad and Ben, Thank you both again for the time this morning. I’m glad to hear the Finance Committee discussion went well overall and that the group is interested in moving forward pending a few additional clarifications: ClearGov works with many Caselle clients today, including multiple Wisconsin municipalities, and the data import/export process is typically very straightforward with no bridge or custom integration work required on the Caselle side. The pricing discussed during the committee meeting would remain the same with a January 2027 implementation start date, assuming the agreement is finalized in July. Regarding long-term pricing flexibility and future ERP developments, I completely understand the concern about ensuring the Village continues to receive fair market value over time. While there is not currently a specific clause addressing that scenario, our team is always open to collaborative conversations as part of maintaining a long-term partnership. As discussed, attached is: The updated Service Order reflects a January 2027 start date. a copy of the referenced Terms of Service language from the Service Order for easier review- you can also see it  here I’ve also reserved time on my calendar for the July 13 Finance Committee meeting at 10:00 AM. Please let me know if any additional questions come up before then or if there’s anything else I can prepare in advance. Best, Kristin 7 Service Order 2 Mill & Main; Suite 630; Maynard, MA 01754 Created By Kristin Fine Order Date Jun 9, 2026 Contact Phone 972-948-2999 Order Valid If Signed By Jul 23, 2026Contact Email kfine@cleargov.com Customer Information Customer Village of Sister Bay Customer Annual Budgeted Expenditures - All Funds Total 15000000 Address P.O. Box 769 Contact Benjamin Andrews Billing Contact Volodymyr (Vlad) Gannik City, St, Zip Sister Bay, WI 54234 Title Village Administrator Title Finance Director Phone 920-854-4118 Email administrator@sisterbaywi.gov Email Vlad.Gannik@sisterbaywi.gov PO (Y/N) The One-time Fees & Professional Services you will receive are: Net Service Fees ClearGov Implementation: Includes activation, onboarding, and training for ClearGov solutions ($ 12,797.00 ) Total ClearGov One-Time Net Service Fee - Billed ONE-TIME ($ 12,797.00 ) The Subscription Services you will receive and the Fees for those Services are: Net Service Fees ClearGov Platform ($ 4,212.00 ) ClearGov Operational Budgeting ($ 4,563.00 ) ClearGov Personnel Budgeting ($ 4,212.00 ) ClearGov Capital Budgeting ($ 4,212.00 ) ClearGov Digital Budget Book ($ 3,159.00 ) ClearGov Financial Engagement - Engage ($ 3,861.00 ) Total ClearGov Subscription Net Service Fee - Billed ANNUALLY IN ADVANCE ($ 24,219.00 ) ClearGov will provide your Services according to this schedule: Period Start Date End Date Description Setup Jan 1, 2027 Jan 1, 2027 ClearGov Setup Services Initial Jan 1, 2027 Dec 31, 2029 ClearGov Subscription Services To be clear, you will be billed as follows: Billing Date(s) Amount(s) Notes Jan 1, 2027 $37,016.00 One-time & Annual Subscription Fee Jan 1, 2028 $25,429.95 Annual Subscription Fee Jan 1, 2029 $26,701.45 Annual Subscription Fee Additional subscription years and/or renewals will be billed annually in accordance with pricing and terms set forth herein. Billing Terms & Conditions Valid Until Jul 23, 2026 Pricing set forth herein is valid only if ClearGov Service Order is executed on or before this date. Payment Net 30 All invoices are due Net 30 days from the date of invoice. Rate Increase 5% per annum The Annual Subscription Service Fee shall automatically increase by this amount. General Terms & Conditions Statement of Work ClearGov and Customer mutually agree to the ClearGov Service activation and onboarding process set forth in the attached Statement of Work. Please note that ClearGov will not activate and/or implement services for any Customer with outstanding balance past due over 90 days for any previous subscription services. 8 Taxes The Service Fees and Billing amounts set forth above in this ClearGov Service Order DO NOT include applicable taxes. In accordance with the laws of the applicable state, in the event that sales, use or other taxes apply to this transaction, ClearGov shall include such taxes on applicable invoices and Customer is solely responsible for such taxes, unless documentation is provided to ClearGov demonstrating Customer's exemption from such taxes. Pricing Conditions All fees listed herein reflect Net Service Fees after application of bundled and/or discretionary discounts. Pricing is interdependent therefore the removal or modification of any product or service may result in the recalculation of pricing. Term & Termination Subject to the termination rights and obligations set forth in the ClearGov BCM Service Agreement, this ClearGov Service Order commences upon the Order Date set forth herein and shall continue until the completion of the Service Period(s) for the Service(s) set forth herein. Each Service shall commence upon the Start Date set forth herein and shall continue until the completion of the applicable Service Period. Auto-Renewal After the Initial Period, the Service Period for any ClearGov Annual Subscription Services shall automatically renew for successive annual periods (each an "Annual Term” ), unless either Party provides written notice of its desire not to renew at least sixty (60) days prior to the end of the then current Annual Term. Appropriations Customer shall have the option to terminate this ClearGov Service Order in advance of any annual renewal in the event that the applicable appropriating body does not appropriate funds for such upcoming renewal period. Agreement The signature herein affirms your commitment to pay for the Service(s) ordered in accordance with the terms set forth in this ClearGov Service Order and also acknowledges that you have read and agree to the terms and conditions set forth in the ClearGov BCM Service Agreement found at the following URL: http://www.ClearGov.com/terms-and-conditions . This Service Order incorporates by reference the terms of such ClearGov BCM Service Agreement. Customer ClearGov, Inc. Signature Signature Name Benjamin Andrews Name Michael Mattson Title Village Administrator Title Chief Revenue Officer Please e-mail signed Service Order to Orders@ClearGov.com or Fax to (774) 759-3045 Order Type (ClearGov Internal Use Only) Select Order Type for this Service Order NL If XS: Original Service Order Date Statement of Work This Statement of Work outlines the roles and responsibilities by both ClearGov and Customer required for the activation and onboarding of the ClearGov Service. ClearGov will begin this onboarding process upon execution of this Service Order. All onboarding services and communications will be provided through remote methods - email, phone, and web conferencing. ClearGov Responsibilities - ClearGo v will activate ClearGov Service subscription(s) as of the applicable Start Date(s). ClearGov will create the initial Admin User account, and the Customer Admin User wil l be responsible for creating additional User accounts. - ClearGo v will assign an Implementation Manager (IM) responsible for managing the activation and onboarding process. ClearGov IM will coordinate with other ClearGo v resources, as necessary. - ClearGo v IM will provide a Kickoff Call scheduling link to the Customer’s Primary Contact. Customer should schedule Kickoff Call within two weeks after the S ervice Order has been executed. - If Customer is subscribing to an y products that require data onboarding: - ClearGo v IM will provide a Data Discovery Call scheduling link to the Customer’s Primary Contact. Customer should schedule Data Discovery Call based on the a vailability of Customer’s staff. - ClearGo v will provide Customer with financial data requirements and instructions, based on the ClearGov Service subscription(s). - ClearGo v will review financial data files and confirm that data is complete, or request additional information, if necessary. Once complete financial data files ha ve been received, ClearGov will format the data, upload it to the ClearGov platform and complete an initial mapping of the data. - After ini tial mapping, ClearGov will schedule a Data Review call with a ClearGov Data Onboarding Consultant (DOC), who will present how the data was mapped, ask f or feedback, and address open questions. Depending upon Customer feedback and the complexity of data mapping requests, there may be additional follow-up calls or emails required to complete the data onboarding process. - ClearGo v will inform Customer of all training, learning, and support options. ClearGov recommends all Users attend ClearGov Academy training sessions and/or r ead Support Center articles before using the ClearGov Service to ensure a quick ramp and success. As needed, ClearGov will design and deliver customized r emote training and configuration workshops for Admins and one for End Users - via video conference - and these sessions will be recorded for future reference. - ClearGo v will make commercially reasonable efforts to complete the onboarding/activation process in a timely fashion, provided Customer submits financial data files and r esponds to review and approval requests by ClearGov in a similarly timely fashion. Any delay by Customer in meeting these deliverable requirements ma y result in a delayed data onboarding process. Any such delay shall not affect or change the Service Period(s) as set forth in the applicable Service Order. 9 Customer Responsibilities - Customer's Primary Contact wil l coordinate the necessary personnel to attend the Kickoff and Data Discovery Calls within two weeks after the Service Order has been ex ecuted. If Customer needs to change the date/time of either of these calls, the Primary Contact will notify the ClearGov IM at least one business day in adv ance. - If Customer is subscribing to an y products that require data onboarding: - Customer wil l provide a complete set of requested financial data files (revenue, expense, chart of accounts, etc.) to ClearGov in accordance with the r equirements provided by ClearGov. - Customer's Primary Contact wil l coordinate the necessary personnel to attend the Data Discovery and Data Review calls. It is recommended that all stak eholders with input on how data should be mapped should attend. Based on these calls and any subsequent internal review, Customer shall provide a detailed list of data mapping requirements and requested changes to data mapping drafts in a timely manner, and Customer will approve the final data mapping, once completed to Customer’s satisfaction. - Customer wil l complete recommended on-demand training modules in advance of customized training & configuration workshops. - Customer shal l be solely responsible for importing and/or inputting applicable text narrative, custom graphics, performance metrics, capital requests, personnel data, and other such inf ormation for capital budget, personnel budget, budget books, projects, dashboards, etc. 10 ClearGov BCM Service Agreement ClearGov, Inc. Service Agreement ver. 02.02.23 Page 1 of 4 This ClearGov BCM Service Agreement (the “Agreement”) is made and entered into by and between ClearGov, Inc. (“ClearGov”), a Delaware corporation with its principal offices at 2 Mill & Main; Suite 630, Maynard, MA 01754 and Customer (as defined in the applicable ClearGov Service Order) (each a “Party” and collectively the “Parties”). This Agreement governs the terms and conditions under which Customer may utilize the ClearGov Service as set forth herein and as specified in one or more applicable ClearGov Service Order(s) executed by Customer in connection herewith and incorporated herein (the “ClearGov Service Order(s)”). In event of any conflict between the terms set forth in this Agreement and any terms or conditions of any applicable ClearGov Service Order, the terms of the applicable ClearGov Service Order shall prevail. WHEREAS ClearGov owns and operates the ClearGov Service, a Web- based SaaS solution that includes a variety of ClearGov App(s) and provides various features and functionality via such ClearGov App(s); and WHEREAS Customer wishes to utilize the ClearGov Service in order to convey fiscal budget, key metrics and other information to the public as well as to leverage the functionality of such ClearGov App(s); NOW THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ClearGov and Customer hereby agree as follows: 1) Definitions. Capitalized terms used in this Agreement, and not otherwise defined herein, shall have the following meanings: 1.1) "Account" means an access point for the ClearGov Service that requires registration by the Customer. 1.2) “ClearGov API” means an application programming interface that provides access to specified content and functionality within certain ClearGov Apps. 1.3) “ClearGov Apps” means collectively all of the Web applications hosted by ClearGov and available via the ClearGov Service, including but not limited to the applications listed in any applicable ClearGov Service Order. All features, functionality, reports, etc. for each ClearGov App are included as material elements of the applicable ClearGov App. ClearGov may modify, combine, add or delete ClearGov Apps from the ClearGov Service from time to time at its sole discretion, provided that in the event that ClearGov terminates or deletes any ClearGov App to which Customer is actively subscribing, ClearGov shall provide a pro-rata refund for the applicable portion of the Subscription Service Fee for the remainder of the then current Service Period. 1.4) “ClearGov Data” means any aggregated and normalized key metrics and benchmarking data collected by ClearGov for the delivery of the ClearGov Service. 1.5) “ClearGov Service” means the complete set of ClearGov software and related materials including but not limited to the ClearGov Apps, ClearGov Data, ClearGov Web Site, the Documentation and the Software. 1.6) “ClearGov Web Site” means the Web site owned and operated by ClearGov and made available at the following URL: http://www.ClearGov.com and/or any successor site(s). 1.7) “Customer PDF” means one or more PDF files of Customer’s digital documents created by Customer using the ClearGov Apps. 1.8) “Customer Data” means any data provided to ClearGov by or on behalf of Customer or any data entered or uploaded into the ClearGov Service by or on behalf of Customer, including Sensitive Data entered or provided by Customer. Customer Data specifically excludes ClearGov Data as well as any anonymized, customized, modified or derivative works related to the Customer Data. 1.9) “Customer State” means the state, commonwealth or territory in which the Customer is located. 1.10) “Customer Web Site” means any Web site owned and operated by Customer. 1.11) "Documentation" means any accompanying proprietary documentation made available to Customer by ClearGov for use with the ClearGov Service, including any documentation available online or otherwise. 1.12) “Sensitive Data: means any Customer Data that may reasonably be deemed sensitive and/or private in nature, including but not limited to personal wage garnishments, individual healthcare-related expenses, data protected by HIPAA, etc. 1.13) "Software" means the source code and/or other code which are material elements of the ClearGov Apps and ClearGov Service. 2) Service Usage & Licenses. 2.1) Account Password and Security. Customer shall protect its passwords and take full responsibility for Customer's own, as well as any third-party, use of the Customer Account(s). Customer is solely responsible for any and all activities that occur under such Customer Account(s), except for any activities performed by ClearGov as set forth herein. Customer agrees to notify ClearGov immediately upon learning of any unauthorized use of a Customer Account or any other breach of security. From time to time, ClearGov's support staff may log in to the Customer Account in order to maintain or improve service, including providing Customer assistance with technical or billing issues. Customer hereby acknowledges and consents to such access. 2.2) ClearGov License. Subject to the terms and conditions of this Agreement and as specifically set forth in the applicable ClearGov Service Order(s), ClearGov grants Customer a limited, revocable, non-exclusive, non-transferable, non- distributable, worldwide license to utilize the ClearGov Service for the following functionality: a) Content Delivery. Customer may integrate, link and publish applicable public-facing content from the applicable ClearGov Apps within one or more Customer Web Site(s); b) Application Access. Customer may access the ClearGov Apps via Customer’s Account to utilize the functionality provided within such ClearGov Apps; and c) API Access. Customer may access the ClearGov API to distribute and display public-facing content from the ClearGov Apps within one or more Customer Web Site(s). 3) Term and Termination. 3.1) Term. The duration of this Agreement shall be defined in accordance with the Term set forth in all applicable Service Order(s). The Term shall commence upon the Start Date set forth in the first ClearGov Service Order executed between the Parties and shall continue in full force and effect until the termination or expiration of all applicable ClearGov Service Order(s) (the “Term”). 3.2) Termination. This Agreement and/or any applicable ClearGov Service Order may be terminated prior to the expiration of the term as follows: a) Either Party may terminate this Agreement if the other Party fails to cure a material breach of the Agreement within fifteen (15) days after receipt of written notice 11 ClearGov, Inc. Service Agreement ver. 02.02.23 Page 2 of 4 thereof. b) Either Party may terminate this Agreement if the other Party is involved in insolvency proceedings, receivership, bankruptcy, or assignment for the benefit of creditors. 3.3) Obligations. Upon expiration or termination of this Agreement: a) Each Party shall promptly return to the other all of the Confidential Information of the other Party in its possession or control; b) Customer shall cease use of the ClearGov Service and shall remove all links from the Customer Web Site(s) to any content provided by the ClearGov Apps, provided that Customer may continue to provide access to any Customer PDF(s). Customer shall be solely responsible for hosting and delivering such Customer PDF(s) as well as any ongoing costs for doing so; and c) Any outstanding fees shall become immediately due and payable, and termination of this Agreement shall not relieve Customer from its obligation to pay to ClearGov any such fees. 3.4) Survival. Sections 3.3, 3.4 and 4 through 8 inclusive shall survive any termination or expiration of this Agreement. 4) Fees and Billing. 4.1) Fees. Customer shall pay the Fees in accordance with the terms set forth in the applicable ClearGov Service Order. 4.2) Interest and Collections. Customer will be charged $50 for payments by checks that are returned due to insufficient funds. Any late payments will accrue interest equal to one and one-half percent (1.5%) per month, or the maximum amount allowable under law, whichever is less, compounded monthly. ClearGov shall be entitled to recover all reasonable costs of collection (including agency fees, attorneys’ fees, in- house counsel costs, expenses and costs) incurred in attempting to collect payment from Customer. 4.3) Taxes. Customer is solely responsible for all applicable sales, use and other taxes and similar charges based on or arising from this Agreement or any ClearGov Service Order. In the event that Customer is exempt from sales tax, Customer will provide ClearGov with a tax-exempt certificate upon request. 5) Intellectual Property. 5.1) General. Both Parties may only use the other Party’s intellectual property as expressly set forth herein. Nothing in this Agreement shall be construed in any manner to affect or modify either Party’s ownership rights in any preexisting or future works, trademarks, copyrights or technologies developed or created by either Party, including without limitation, their respective proprietary software used in connection with the development and provision of their respective Web sites, databases, systems, products and/or services. Unless specifically agreed by the Parties in writing, all intellectual property, including without limitation information that could become the subject of a patent, copyright or trade secret, developed by a Party in the context of performing its obligations under this Agreement shall be exclusively owned by that Party and the other Party shall cooperate with any reasonable requests to execute documents confirming such ownership. 5.2) Data Ownership and License. a) Customer represents and warrants that it has obtained all data subjects’ consent or otherwise has the full legal right necessary to provide the Customer Data to ClearGov for ClearGov’s use as contemplated by this Agreement. Customer acknowledges that ClearGov shall have no legal liability for its use and/or the display of the Customer Data as contemplated by this Agreement. b) Customer represents and warrants that Customer shall not provide or enter Sensitive Data to be displayed in any publicly available element of the ClearGov Service. To the extent that Customer enters or uploads any Sensitive Data into the ClearGov Service, Customer shall assume full responsibility for the disclosure of such Sensitive Data. ClearGov is under no obligation to review and/or verify whether or not Customer Data includes Sensitive Data. c) Customer Data shall remain the property of Customer, and Customer hereby grants ClearGov a limited, perpetual, irrevocable and royalty-free right to use, copy, modify, and display the Customer Data within any ClearGov App(s) and for the purpose of providing the ClearGov Service. 5.3) Proprietary Rights Notice. The ClearGov Service and all intellectual property rights in the ClearGov Service are, and shall remain, the property of ClearGov. All rights in and to the ClearGov Service not expressly granted to Customer in this Agreement are hereby expressly reserved and retained by ClearGov without restriction, including, without limitation, ClearGov's right to sole ownership of the ClearGov API, ClearGov Apps, ClearGov Data, ClearGov Web Site, Documentation and Software. Without limiting the generality of the foregoing, Customer agrees not to (and to not allow any third party to): (a) sublicense, copy, distribute, rent, lease, lend or use the ClearGov Service outside of the scope of the license granted herein or make the ClearGov Service available to any third party or use the ClearGov Service on a service bureau time sharing basis; (b) copy, modify, adapt, translate, prepare derivative works from, reverse engineer, disassemble, or decompile the ClearGov Service or otherwise attempt to discover or reconstruct any source code, underlying ideas, algorithms, file formats, program interfaces or other trade secrets related to the ClearGov Service; (c) use the trademarks, trade names, service marks, logos, domain names and other distinctive brand features or any copyright or other proprietary rights associated with the ClearGov Service for any purpose without the express written consent of ClearGov; (d) register, attempt to register, or assist anyone else to register any trademark, trade name, service marks, logos, domain names and other distinctive brand features, copyrights or other proprietary rights associated with ClearGov other than in the name of ClearGov; or (e) modify, remove, obscure, or alter any notice of copyright, trademark, or other proprietary right or legend appearing in or on any item included with the ClearGov Service. If the use of the ClearGov Service is being purchased by or on behalf of the U.S. Government or by a U.S. Government prime contractor or subcontractor (at any tier), in accordance with 48 C.F.R. 227.7202-4 (for Department of Defense (DOD) acquisitions) and 48 C.F.R. 2.101 and 12.212 (for non-DOD acquisitions), the Government's rights in the ClearGov Service, including its rights to use, modify, reproduce, release, perform, display or disclose any elements of the ClearGov Service, will be subject in all respects to the commercial license rights and restrictions provided in this Agreement. 6) Representations, Warranties, Indemnification and Liability. 6.1) By ClearGov. ClearGov represents and warrants that: (i) the ClearGov Service shall be provided in accordance with, and shall not violate applicable laws, rules or regulations; and (ii) by using the ClearGov Service, Customer will not violate or in any way infringe upon the personal or proprietary rights of any third party, (iii) to ClearGov’s knowledge, the ClearGov Service does not contain any virus, worm, Trojan horse, time bomb or similar contaminating or destructive feature; and (iv) 12 ClearGov, Inc. Service Agreement ver. 02.02.23 Page 3 of 4 ClearGov holds all necessary rights to permit the use of the ClearGov Service and all components thereof provided to Customer under this Agreement. 6.2) By Customer. Customer represents and warrants that: (i) it has all right, title, and interest in and to the Customer Data necessary for its use in connection with the ClearGov Service; and (ii) it shall not use the ClearGov Service in a manner or in connection with any activity that would violate this Agreement or any law, rule or regulation or rights of any third party. 6.3) By Both. ClearGov and Customer both represent and warrant that (i) each has full power and authority to enter into and perform its obligations under this Agreement; (ii) this Agreement is a legal, valid and binding obligation, enforceable against each Party in accordance with its terms; and (iii) entering into this Agreement will not knowingly violate the Agreement or any laws, regulations or third-party contracts. 6.4) Indemnification by ClearGov. At ClearGov’s cost, ClearGov agrees to indemnify, hold harmless and defend Customer against any cost, loss or expense (including attorney’s fees) resulting from any claims by third parties for loss, damage or injury (each, a “Claim”) arising out of or relating to (i) ClearGov’s breach of any term, condition, representation or warranty of this Agreement, (ii) ClearGov’s violation of any third party rights in connection with the ClearGov Service or (iii) ClearGov’s violations of applicable laws, rules or regulations in connection with the ClearGov Service. In such a case, Customer will provide ClearGov with written notice of such Claim. Customer shall cooperate as fully as reasonably required in the defense of any Claim. Customer reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification by ClearGov. Notwithstanding the foregoing, unless the settlement involves no cost, loss or continuing liability to Customer, ClearGov shall not settle any Claim, without the written consent of Customer, such consent not to be unreasonably withheld. 6.5) Limited Warranty. ClearGov warrants that the ClearGov Service will be delivered in a professional and workmanlike manner substantially in accordance with the statement of work set forth in the applicable ClearGov Service Order and that the ClearGov Service will operate in all material respects as described in its product descriptions and/or documentation. EXCEPT FOR THE EXPRESS WARRANTIES STATED IN THIS AGREEMENT, INCLUDING ANY APPLICABLE CLEARGOV SERVICE ORDER, CLEARGOV MAKES NO ADDITIONAL WARRANTY, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT, GUARANTEES, REPRESENTATIONS, PROMISES, STATEMENTS, ESTIMATES, CONDITIONS, OR OTHER INDUCEMENTS. 6.6) Limitation of Liability. NEITHER CLEARGOV NOR CUSTOMER WILL BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL (INCLUDING, WITHOUT LIMITATION, LOST PROFITS), OR INCIDENTAL DAMAGES, WHETHER BASED ON A CLAIM OR ACTION OF CONTRACT, WARRANTY, NEGLIGENCE, STRICT LIABILITY, OR OTHER TORT, BREACH OF ANY STATUTORY DUTY, INDEMNITY OR CONTRIBUTION, OR OTHERWISE, EVEN IF THE PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE EXCLUSION CONTAINED IN THIS PARAGRAPH SHALL APPLY REGARDLESS OF THE FAILURE OF THE EXCLUSIVE REMEDY PROVIDED IN THE FOLLOWING SENTENCE. BOTH PARTIES’ TOTAL CUMULATIVE LIABILITY TO THE OTHER PARTY FOR ANY LOSS OR DAMAGES RESULTING FROM ANY CLAIMS, DEMANDS OR ACTIONS ARISING OUT OF OR RELATING TO THIS AGREEMENT SHALL NOT EXCEED THE CUMULATIVE FEES PAID BY CUSTOMER TO CLEARGOV IN THE PRECEDING TWELVE (12) MONTHS. THE FOREGOING SHALL NOT LIMIT A PARTY'S (A) PAYMENT OBLIGATIONS UNDER THE AGREEMENT; (B) LIABILITY FOR INDEMNIFICATION OBLIGATIONS UNDER SECTION 6.4; (C) LIABILITY FOR ANY BREACH OF ITS CONFIDENTIALITY OBLIGATIONS UNDER SECTION 7; (D) LIABILITY FOR ANY BREACH OF ITS REPRESENTATIONS, WARRANTIES, OR OBLIGATIONS UNDER SECTION 5.2; OR (E) LIABILITY FOR ITS INFRINGEMENT OR MISAPPROPRIATION OF ANY PROPRIETARY RIGHTS OF THE OTHER PARTY. NOTHING IN THIS AGREEMENT SHALL BE CONSTRUED AS EXCLUDING OR LIMITING A PARTY’S LIABILITY FOR FRAUD OR ITS LIABILITY FOR DEATH OR PERSONAL INJURY ARISING FROM ITS NEGLIGENCE. 6.7) Essential Element. The provisions of this Section 6 are an essential element of the benefit of the consideration reflected in this Agreement. 7) Confidentiality. 7.1) Subject to any applicable open public records laws in the Customer State, each Party will keep the specific terms of this Agreement confidential, including the contents of the schedules and exhibits, and not disclose any portion of them to any third party (other than to its attorneys, accountants, advisors and potential investors who are bound to keep such information confidential) without the other Party’s prior written consent, except as required by law, including but not limited to open public record laws. 7.2) In addition, in connection with the negotiation and performance of this Agreement, a Party (the “Receiving Party”) may receive information from the other Party (the “Disclosing Party”) which is confidential or proprietary in nature, including without limitation information about a Party’s products, systems and services (“Confidential Information”). The Receiving Party agrees that, during the term of this Agreement and for a period of three (3) years thereafter, it will keep the Confidential Information in strictest confidence and protect such Confidential Information by similar security measures as it takes to protect its own Confidential Information of a similar nature, but in no event shall the Receiving Party take less than reasonable care with the Confidential Information of the Disclosing Party. The Receiving Party also agrees that it will not use any Confidential Information for any purpose other than in connection with the performance of its obligations under this Agreement. 7.3) The term “Confidential Information” shall not include information which A) is or becomes generally available to the public without breach of this Agreement, B) is in the possession of the Receiving Party prior to its disclosure by the Disclosing Party, C) becomes available from a third party not in breach of any obligations of confidentiality, D) is independently developed by the Receiving Party, or E) is required to be disclosed by the Receiving Party pursuant to law, rule, regulation, subpoena or court order, including but not limited to open public record laws. 7.4) The Parties recognize that the disclosure or use of a Disclosing Party’s Confidential Information by the Receiving Party in violation of the provisions of this Section 7 may cause irreparable injury to the Disclosing Party; therefore, in the event either Party breaches the provisions of this Section 7, the other Party, in addition to any other remedies it may have, shall be entitled to seek preliminary and permanent 13 ClearGov, Inc. Service Agreement ver. 02.02.23 Page 4 of 4 injunctive relief without the necessity of posting a bond. 8) Miscellaneous. 8.1) General. If any provision of this Agreement is held to be unenforceable for any reason, such provision shall be reformed to the extent necessary to make it enforceable to the maximum extent permissible so as to implement the intent of the Parties, and the remainder of this Agreement shall continue in full force and effect. A waiver of any default is not a waiver of any subsequent default. The relationship between ClearGov and Customer is one of independent contractors, not partnership, joint venture or agency. This Agreement shall be binding upon and inure to the benefit of the respective successors and permitted assigns of the Parties hereto. The United Nations Convention on Contracts for the International Sale of Goods and the Uniform Computer Information Transactions Act shall not apply to this Agreement. The Software is controlled by U.S. Export Regulations, and it may not be exported to or used by embargoed countries or individuals. 8.2) Entire Agreement. This Agreement and the accompanying ClearGov Service Order(s), together, constitute a valid and binding agreement between the Parties and are intended to be the Parties’ complete, integrated expression of the terms of their agreement with respect to the ClearGov Service, and any prior agreements or understandings with respect to such subject matter are superseded hereby and fully merged herein. 8.3) Assignment. Neither Party will assign this Agreement in whole or in part to any third party without the prior written consent of the other Party; provided, however, either Party may assign this Agreement without such consent to any subsidiary or parent company of such Party or to any successor by way of any merger, consolidation or other corporate reorganization of such Party or sale of all or substantially all of the assets of such Party or to an entity that assumes, by sale, license or otherwise, the business activities that are the subject of this Agreement, provided that such subsidiary or parent company or successor assumes or is otherwise fully bound by all of the obligations of the assigning Party under this Agreement. 8.4) Marketing Materials. Customer agrees that ClearGov may utilize Customer’s name solely to identify it as a ClearGov Customer on the ClearGov Web site, in client lists and other marketing materials. Any other uses of Customer’s name and/or logo (other than as included in the content and/or other items furnished to ClearGov by Customer) shall require Customer’s prior written consent. 8.5) Insurance. ClearGov shall maintain commercial general liability insurance, cybersecurity insurance, product liability insurance and auto liability insurance in amounts that are consistent with industry standards. ClearGov shall maintain Worker’s Compensation insurance as required by law. 8.6) No Boycott of Israel. ClearGov hereby certifies that ClearGov is not currently engaged in and shall not, for the duration of the Term of this Agreement, engage in a boycott of goods or services from the State of Israel; companies doing business in or with the State of Israel or authorized by, licensed by or organized under the laws of the State of Israel; or persons or entities doing business in the State of Israel. 8.7) Jurisdiction. This Agreement shall be governed by the applicable laws in the Customer State, without regard to conflict of laws rules. Any dispute, claim or controversy arising out of or relating to this Agreement or the breach, termination, enforcement, interpretation or validity thereof, including the determination of the scope or applicability of this agreement to arbitrate, shall be determined exclusively by arbitration in the Customer State before a panel of three arbitrators. Such arbitration shall be administered by JAMS pursuant to JAMS’ Streamlined Arbitration Rules and Procedures. Judgment on an award, if any, may be entered in any court having jurisdiction. This clause shall not preclude parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. The Parties acknowledge that this Agreement evidences a transaction involving interstate commerce. Notwithstanding the provision with respect to applicable substantive law, any arbitration conducted pursuant to the terms of this Agreement shall be governed by the Federal Arbitration Act (9 U.S.C., Secs. 1- 16). 8.8) Modification. ClearGov shall have the right to modify this Agreement at any time by posting revised terms and conditions at the following URL: http://www.ClearGov.com/terms-and-conditions. Changes will be binding on the date they are posted. Continued use of the ClearGov Service will be considered acceptance by Customer of the then current Agreement. 8.9) Force Majeure. If the performance of this Agreement or any obligations hereunder is prevented or interfered with by reason of fire or other casualty or accident, strikes or labor disputes, war or other violence, any law, proclamation, regulation, or requirement of any government agency, or any other act or condition beyond the reasonable control of a Party hereto, that Party upon giving prompt notice to the other Party shall be excused from such performance during such occurrence. 8.10) Notices. All notices, requests, or other communications between the Parties that are required or permitted hereunder will be in writing and will be given by: (a) delivery in person or by prepaid courier service with a nationally recognized courier company, (b) delivery by registered or certified mail, postage prepaid, return receipt requested, (c) by confirmed fax, or (d) email to the address and/or fax number set forth in the applicable ClearGov Service Order. A Party may change the street or email address or fax number to which notice is to be sent by giving written notice of such change. Notices will be deemed given when received as evidenced by verification from the courier company, the mail or confirmation of email receipt or fax confirmation. 8.11) Titles & Subtitles. The titles and subtitles in this Agreement are used for convenience only and are not to be considered in construing it. 14 Page 1 STAFF REPORT Date: July 13, 2026 To: Finance Committee Re: Tax Incremental Financing (TIF) Assistance Policy Author(s): Benjamin Andrews, Village Administrator Action(s) Requested: ☐ Ordinance ☐ Resolution ☒ Motion ☒ Receive/File PRIOR ACTION/REVIEW January 20, 2026 - Village Board: The Board discussed a TIF incentive request from Nick Deviley for his planned development. Deviley explained the project would include approximately 55 homes and sought TIF funding of approximately $2.75 million to help reduce home prices and make them more affordable for local residents. The Board decided to refer the matter to the Finance Committee and potentially the Housing Committee for further evaluation, with a focus on developing a formal TIF policy. February 9, 2026 – Finance Committee: The committee agreed that a formal TIF policy is necessary and directed Village Staff to draft a TIF policy based on examples provided and committee input, for future committee review. March 9, 2026 – Finance Committee: Staff presented the first draft of the TIF Assistance Policy for committee review. Committee members provided feedback, recommending revisions before any recommendation is made to the Village Board. April 13, 2026 – Finance Committee: Staff presented revised draft policies incorporating written comments submitted by Committee Members Laszkiewicz and Bhirdo, and the committee discussed several substantive areas requiring refinement, including the policy’s focus on housing and infrastructure, the statutory "but for" test, the review process, conflict ‑of‑interest language, predevelopment cost reimbursement mechanisms, third ‑party review cost disclosure, and the need for a formal application form. The committee also referenced examples from McFarl and, Oregon, and Dane County as preferred structural templates and reiterated support for pay ‑as‑you‑go reimbursement as the primary incentive structure. 15 Page 2 BACKGROUND INFORMATION The Finance Committee and the Village Board have made developing a formal TIF Assistance Policy a continuing priority, following prior discussions on individual TIF requests and the need for a structured, transparent evaluation process. Staff has revised the policy to reflect the Committee’s most recent direction: 1. Letter of Credit Lang uage; updated language: “Clean irrevocable letters of credit (mandatory)”; Section 9.e Eligibility Requirements - Performance Guarantees and Security for Performance. 2. Initial Deposit; Policy was changed to include $1,000 initial payment , with an additional escrow deposit of $5,000 per application for professional services, as deemed applicable. Additional deposits are identified in the subsequent section; Section 2.1 - Initial Deposit. RECOMMENDED ACTION(S) Staff recommends that the Finance Committee: 1. Review the revised TIF Assistance Policy as presented, and 2. Provide directions on any additional modifications needed before forwarding the policy to the Village Board for consideration at this meeting or future meetings. Once the policy is finalized, we will develop the application to incorporate the requirements. Generating a formal application before establishing the final policy would require significant modifications whenever a new policy revision is drafted. POLICY ALTERNATIVE(S) The Finance Committee could take the following actions: • Recommend policy to Village Board (with or without modifications) • Recommend revisions (further review at Finance Committee) • Request additional information (if so, what?) • Recommend no policy to the village board • Table discussion (future Finance Committee meeting) ATTACHMENT(S) 1. Tax Incremental Financing (TIF) Assistance Policy 16 Adopted: [Date] Page 1 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy FIN-POL-2026-001 Adoption: RES. 2026-### Department: Finance Effective Date: MM/DD/YYYY Revision Date: N/A Policy Source: Finance Committee Policy Audience: Developers 1. PURPOSE The purpose of this policy is to establish clear, consistent, and transparent standards for evaluating and approving requests for financial assistance within the Village of Sister Bay ’s (“Village”) Tax Incremental Districts (TIDs). This policy ensures that public resources are used responsibly, support the Village’s comprehensive planning goals, and provide a predictable process for developers, residents, and elected officials. Tax Incremental Financing (TIF) is a tool intended to encourage eligible projects that would not occur “but for” the use of TIF assistance. This policy outlines the goals and objectives, eligibility requirements, outline of eligible and ineligible costs, financial structures and limits, application requirements, and review process applied when the Village considers TI F assistance requests. The Village will utilize the State of Wisconsin’s “A Guide to Wisconsin’s Tax Increment Law”, as amended from the Wisconsin Department of Revenue, for guidance as to process and procedures, as well as applicable State Statutes. 2. AUTHORITY This policy is guided by Wisconsin Statutes §66.1105, the project plans for each Village TID, and this adopted policy. The Village Board retains full discretion to approve, modify, or deny requests for assistance. No applicant is entitled to assistance merely by meeting the minimum standards. 3. DISCLAIMER Requests for Tax Incremental Financing (TIF) assistance are subject to the full discretion of the Village of Sister Bay, and submission of an application does not create any right or entitlement to financial support of any kind. All applications are evalua ted in accordance with Wisconsin Statute §66.1105 and the applicable Tax Incremental District (TID) Project Plan, and the Village may approve, modify, or deny a request regardless of whether the applicant meets stated criteria. In making its determinations , the Village will consider factors such as the applicant’s demonstrated financial need and compliance with the statutory “but for” requirement, the findings of any financial or project feasibility reviews, the expected public benefits of the proposal, and the Village's overall fiscal capacity and priorities . The Village may reject any application for any reason it deems to be in the best interests of the community and will provide the applicant with the basis for its decision. All TIF assistance requests are further conditioned on the Village’s ability to verify the accuracy and completeness of all submitted information. Incomplete, inaccurate, or missing required documentation may delay or result in the return of applications, and the Village will suspend review until the applicant submits the required materials. The Village may require financial, legal, engineering, or other third‑party evaluations to complete its review, and applicants must reimburse the Village for the full c ost of such services. While certain proprietary financial documents may be treated as confidential to the extent allowed under Wisconsin Public Records Law (Wis. Stat. ch. 19), the Village cannot guarantee the confidentiality of any materials submitted. 17 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 2 Applicants receiving TIF assistance must enter into an Assessment Agreement acceptable to the Village, which may include restrictions on assessment appeals, the establishment of minimum assessed values for purposes of calculating TIF payments, or other pro visions necessary to protect the Village’s financial interests. Conversion of assisted property to tax‑exempt status during the incentive period constitutes a default unless explicitly authorized by the Village Board. Applicants must also promptly disclose any material changes to project scope, design, financing, timeline, ownership, or anticipated taxable value, and the Village reserves the right to re -evaluate or terminate its consideration or approval in response to such changes. Final terms, conditions, financial obligations, and performance expectations are not binding until both parties execute a Development Agreement. That agreement will include any required repayment, reduction, or recapture provisions if the developer fails to meet agreed‑upon perfo rmance standards, including, but not limited to, assessed -value guarantees, job‑creation or housing commitments, or project completion deadlines. The Village reserves the right to amend its TID assistance policy, including its application procedures, evaluation processes, or requirements, at any time and may apply such amendments to any application under review. Nothing in this policy, any submitted application, or any executed Development Agreement shall be interpreted as creating a general obligation, debt, or pledge of the Village’s taxing authority unless expressly approved by the Village Board. Any financial assistance provided through TIF shall be limited to the actual tax increment generated and received by the Village unless otherwise authorized through formal Board action. 4. CONFLICTS OF INTEREST To preserve the integrity of the Tax Incremental Financing (TIF) assistance review process and ensure that all decisions are made solely in the public interest, the Village of Sister Bay requires full transparency and disclosure of any actual, potential, or perceived conflicts of interest involving applicants, propert y owners, or Village officials. No public official, employee, or agent of the Village who exercises decision‑making, advisory, or administrative responsibilities related to TIF assistance may have or acquire any direct or indirect financial interest, personal interest, or other relationship that could compromise, or appear to compromise, their impartial judgment in connection with a TID application or development proposal. Any public official or employee who has an associational, financial, or personal interest in a matter pending before a Village board, committee, commission, or authority shall disclose the nature and extent of such interest on the record and shall refrain from participating in discussion, deliberation, negotiation, or voting on the matter. If such an individual wishes to provide public comment as a private citizen, they must recuse themselves from their official role and participate only as a member of the public. Applicants must disclose any business, familial, financial, or other relationship involving any Village official, staff member , committee member, or their immediate family that could reasonably be perceived as a conflict of interest. Failure to disclose a conflict may result in suspension of the review process, denial of the TID assistance request, or termination of a Development Agreement. Developers and their representatives shall not offer or provide, directly or indirectly, any gift, favor, service, or other item of value to Village officials or staff involved in the evaluation of a TID application. The Village reserves the right to take any action necessary to address real or perceived conflicts of interest, including requesting additional disclosures, requiring recusals, or reassigning review responsibilities. All conflict‑of‑interest requirements a pply throughout the entire TID application, negotiation, approval, and monitoring process, including during the administration of Development Agreements. These provisions support the Village’s commitment to transparency, fairness, and protection of the pub lic interest in the administration of TIF assistance. 18 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 3 5. GOALS AND OBJECTIVES A fundamental purpose of Tax Incremental Financing (TIF) is to serve as a strategic economic development tool that enables the Village to guide growth, encourage reinvestment, and support community priorities that would not realistically occur without publ ic participation. Establishing clear goals and objectives is essential to ensuring that TIF is used transparently and only in ways that advance the long-term fiscal health, housing needs, and infrastructure priorities of the Village of Sister Bay. These go als provide a consistent framework for evaluating proposed projects, determining whether public benefits justify the use of tax increment, and ensuring that development aligns with adopted plans and community expectations. It is the policy of the Village to consider TID assistance only for projects that generate substantial and measurable public benefit and that help advance one or more of the following objectives: • Encourage private investment that strengthens the tax base, generates long -term property value growth, and increases tax revenues for the community. • Support the creation and preservation of workforce, year-round, and attainable housing, helping sustain a stable, diverse local population and meet identified community housing needs. • Facilitate roadways, utility, and other critical public infrastructure improvements necessary to support development, enhance service capacity, or remove barriers to private investment. • Advance the Village’s long-range planning and economic development goals, including implementing adopted plans, supporting a balanced and resilient local economy, and encouraging development of quality, scale, and design that exceeds minimum standards. Together, these objectives ensure that TIF is used responsibly to leverage public resources, support sustainable economic growth, advance community priorities, and deliver long -lasting public benefits that extend well beyond the life of any individual TID. 6. FINANCIAL STRUCTURES AND LIMITS To ensure that Tax Incremental Financing (TIF) is used responsibly, the Village of Sister Bay limits financial assistance to the minimum amount necessary to make a project feasible, as demonstrated through the Village’s independent financial analysis. TIF is an important economic development tool, but its use must balance community benefits with fiscal stewardship; therefore, the Village evaluates each request with careful attention to statutory requirements, financial risk, projected increment, and the long‑term health of the applicable Tax Incremental District (TID). The Village may adjust, limit, or deny assistance based on these considerations and retains full discretion in determining the form and amount of any TID assistance. a. Primary Method: Pay-As-You-Go (PAYGO) The Village strongly favors the use of Pay‑As‑You‑Go assistance as the preferred financing structure. Under this method, the applicant funds all eligible upfront development costs, and the Village reimburses a portion of the actual tax increment generated by the completed project. Reimbursement begins in the first year that tax increment is received and continues only as provided in the development agreement. Payments are typically structured as a defined percentage of annual increment for a designated numb er of years, and they may not extend beyond the statutory life of the TID unless specifically approved by the Village Board. This framework ensures that the Village does not assume upfront risk and that reimbursement is tied directly to actual project performance. 19 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 4 b. Other Financing Options Although PAYGO is the preferred method, the Village may consider alternative financing structures when warranted by project characteristics or public benefits. i. Tax Incremental Financing Loan The Village may provide a loan funded by future tax increment, with disbursement occurring at project start, upon completion of construction milestones, or at project completion. The development agreement will specify repayment terms and may include interest charges. This method may be used when project timing, financing structure, or extraordinary costs justify upfront participation by the Village ii. Land Donations or Write-Down Where a project involves the sale of Village‑owned property, the Village may offer a development incentive through a reduced sale price or donation of land. The value of such write‑downs is included when calculating maximum assistance levels, ensuring cons istent evaluation across all project types. c. Maximum Assistance Levels As a general guideline, total assistance should not exceed 25 percent of a project's total costs unless the applicant demonstrates an extraordinary public benefit. In evaluating assistance levels, the Village may also consider benchmarks such as limiting the return to the developer to no more than 75 percent of the net present value of the tax increment generated by the project, ensuring a private‑to‑public investment ratio of at least 2 to 1, and establishing a payback period that fits within the remaining life of the TID. Additionally,, assistance for development projects is capped at 20 percent of total development costs and may not exceed $1,000,000. 7. ELIGIBLE COSTS TIF eligible expenditures are defined by Wisconsin Statutes 66.1105, which the Village may further limit on a project-by-project basis. Costs incurred prior to Village Board approval of assistance and execution of a Development Agreement, unless explicitly authorized by the Village Board. This policy strongly prefers providing TIF assistance to projects seeking assistance for utility and roadway improvements/extensions and housing-based projects. 8. INELIGIBLE COSTS TIF-ineligible expenditures are also defined in Wisconsin Statutes 66.1105. The following are ineligible project costs: a. Land or building acquisition b. Routine private building construction c. Operating expenses or working capital d. Projects resulting in tax-exempt property e. Costs incurred prior to Village approval f. Developer profit guarantees Costs incurred prior to Village Board approval of assistance and execution of a Development Agreement, unless explicitly authorized by the Village Board. 20 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 5 9. ELIGIBILITY REQUIREMENTS To be considered for assistance, a project must meet all the following qualifications to be considered eligible for TIF Assistance: a. Location Must be located within an existing Village TID or must necessitate consideration of creating or amending a TID. b. Ownership The applicant must own the property or have the option to purchase the property through a written agreement with the current owner, and documentation must be provided as part of the assistance request application. c. “But For” Test The applicant must demonstrate that the project is not financially feasible without Village participation. Documentation submitted by the applicant to the Village may include: i. Developer pro forma showing inadequate returns without assistance. ii. Financing gaps verified by the Village or a third-party reviewer. iii. Extraordinary site, infrastructure, environmental, or utility costs. The Village will independently evaluate all financial materials. d. Developer Qualifications Applicants must demonstrate: i. Documentation of a successful track record of comparable projects ii. Financial capacity to complete and operate the project iii. Good standing with taxes, zoning, and code requirements iv. Willingness to enter into a Development Agreement with performance guarantees v. Minimum Developer Equity Developers shall provide a minimum equity contribution of not less than twenty percent (25%) of total project costs, unless waived by the Village Board for projects demonstrating extraordinary public benefit. Developer equity must remain invested in the project until the Village’s assistance obligation is satisfied. e. Performance Guarantees and Security for Performance Applicant may be required to provide: i. Clean irrevocable letters of credit (mandatory) ii. Special Charges iii. Personal guarantees iv. Corporate guarantees v. Minimum assessed value guarantees vi. Completion guarantees vii. Personal or corporate guarantees Or other forms of security acceptable to the Village to ensure compliance with Development Agreement obligations 21 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 6 f. Consistency with Village Plans and Policies Applications must align with: i. The adopted TID Project Plan ii. Comprehensive Plan/housing goals iii. Zoning and land use regulations iv. Infrastructure and utility planning g. Public Benefit Projects must generate measurable community benefit proportional to the assistance requested, including: i. Increased tax base ii. Housing availability or affordability iii. Infrastructure improvements iv. Job retention or creation v. Blight reduction or redevelopment of challenged sites vi. Support for year-round population and community sustainability 10. APPLICATION REQUIREMENTS Developers seeking assistance must submit a complete application, including: i. Reimbursement Agreement ii. Project description and site plan iii. Detailed development budget and pro forma (with and without TID assistance) iv. Sources and uses of funds v. Market or feasibility documentation (as applicable) vi. Construction schedule vii. Expected increment generation (with supporting assumptions) viii. Description of public benefits ix. Evidence of financing commitments and developer equity The Village may require an independent third-party financial review of the developer’s pro forma, financing assumptions, and projected tax increment. All costs associated with such a review shall be reimbursed by the applicant. 22 Village of Sister Bay Tax Incremental Financing (TIF) Assistance Policy (DRAFT) Adopted: [Date] Page 7 11. REVIEW PROCESS a. ☐ Pre-Application Meeting: Applicants meet with Plan Commission Chair and/or Village President and Village Administrator to review eligibility and expectations. b. ☐ Formal Application Submission: All required materials and fees must be submitted by the Applicant to the Village, as outlined in the application materials. c. ☐ Committee Referral: The appli cation may be referred to Village Committees (Plan Commission, Finance Committee, etc.) for design review. d. ☐ Staff Review and Financial Analysis: Staff, in coordination with a possible consultant, will conduct the “but for” analysis, financial review, and scoring against policy criteria. e. ☐ Finance Committee Review : The Finance Committee evaluates staff findings and makes a recommendation. f. ☐ Village Board Preliminary Approval: The Village Board preliminarily approves, denies, or modifies the request. g. ☐ Development Agreement Preparation : Village Staff Includes performance obligations, timelines, guarantees, and reimbursement terms h. ☐ Village Board Final Approval: The Village Board reviews and finalizes the Development Agreement. i. ☐ Implementation & Monitoring : Village tracks increment, enforces the agreement, and ensures compliance. j. ☐ Developer Reporting Requirements : Developers receiving TIF assistance shall provide annual reports to the Village that verify project status, property ownership, occupancy levels (if applicable), and any other information reasonably required to confirm compliance with the Development Agreement. 12. POLICY AMENDMENTS The Village Board may amend this policy at any time. Amendments may be warranted as financial, market, or regulatory conditions change. 13. NO ENTITLEMENT Meeting the criteria herein does not create any right, entitlement, or expectation of TI F assistance. All decisions rest solely with the Village Board based on need, risk, project characteristics, applicant qualifications, and alignment with public objectives. 14. FISCAL PROTECTION STANDARDS The Village shall evaluate each TIF request using prudent fiscal standards intended to protect taxpayers, including: a. Limiting assistance to the minimum financing gap necessary b. Ensuring reasonable developer return assumptions c. Requiring significant private investment relative to public assistance d. Protecting projected tax increment through minimum value guarantees and assessment agreements. 15. AMENDMENTS TO EXISTING TIF DEVELOPMENT AGREEMENTS Where the developer has identified a need to make minor amendments to an existing TIF development agreement, said request shall be submitted in writing to the Village Staff to be routed to the Finance Committee. The request shall include the proposed amend ment terms and the reason for the request. The amendment will then be placed on the Finance Committee agenda for discussion and recommendation to the Village Board for action. The amendment terms and conditions must be consistent with this existing policy, as revised. 23 Village of Sister Bay Tax Incremental District (TID) Assistance Policy (DRAFT) Cost Reimbursement Agreement Adopted: [Date] Page 8 This Cost Reimbursement Agreement ("Agreement") is entered into on this ___ day of __________, 20__, by and between __________________________________ (“Developer”) and the Village of Sister Bay, a Wisconsin municipal corporation (“Village”). RECITALS A. The Developer is proposing to undertake development activities on the real property described in Attachment A (“Legal Description of the Property”). B. The Developer has requested that the Village review, evaluate, or process one or more items associated with the proposed development, which may include requests for Tax Incremental Financing (TIF) assistance, zoning or land use approvals, certified survey maps or plats, public improvement reviews, stormwater and erosion control plans, or other approvals necessary or appropriate to consider the project (collectively, the “Development Review Process”). C. The Village is willing to process and consider the Developer’s requests in accordance with applicable statutes, local ordinances, and the Village’s Tax Incremental District (TID) Assistance Policy, but must do so without imposing financial burden on Villag e taxpayers. The Village’s policy requires applicants to reimburse the Village for all third-party reviews and administrative expenses incurred during the review of TIF requests and related development approvals. SECTION 1. PAYMENT OF VILLAGE COSTS 2.1 Incorporation of Recitals The above recitals are material to and are incorporated in this Agreement. 2.2 Developer Responsibility for Village Costs The Developer shall reimburse the Village for all Administrative Costs incurred in relation to the Development Review Process, including legal, financial, engineering, and technical review services; Village staff time; and all required publications or out-of-pocket expenses. 2.3 Billing and Delivery of Cost Statements Bills for Administrative Costs shall be considered delivered upon personal delivery to the Developer, or upon mailing or emailing to the Developer. Physical Address:_________________________________________________________________ Mailing Address: _________________________________________________________________ Email Address: _________________________________________________________________ 2.4 Payment Terms Developer shall pay the Administrative Costs within thirty (30) days of the Village's delivery of its bill. Failure to do so entitles the Village to withdraw the amount of such unpaid bill from the guarantee of payment under Section 2 below. Bills outstand ing for more than 30 days shall accrue interest at a rate of 1.5% per month. 24 Village of Sister Bay Tax Incremental District (TID) Assistance Policy (DRAFT) Cost Reimbursement Agreement Adopted: [Date] Page 9 2.5 Consultants Represent the Village Developer acknowledges and understands that the legal, engineering, planning, financial, or other professional consultants retained by the Village are acting exclusively on behalf of the Village and not Developer. 2.6 Developer Representations Developer warrants and represents to the Village that Developer owns the Property or has a contractual right to acquire the Property. SECTION 2. GUARANTEE OF PAYMENT 2.1 Initial Deposit Developer shall guarantee reimbursement of the Administrative Costs by depositing with the Village Clerk cash or a cashier's check payable to the Village in the amount of $1,000. In addition, the developer will be required to submit an initial escrow deposit of $5,000 per application to reimburse the Village for professional services incurred in reviewing the application and development agreemen t, as deemed necessary. Initial deposits are subject to refund or release of unused amounts within sixty (60) days following termination of this Agreement, as defined in Section 3. 2.2 Additional Deposits If at any time the Village deems the monies on deposit with the Village pursuant to Section 2.1 to be insufficient to pay expenses incurred or anticipated by the Village for Administrative Costs, the Village may request that the Developer deposit additiona l amounts, and may suspend work on the Development Approval Process until such additional amounts are deposited with the Village. 2.3 Failure to Pay Violation of this Agreement, including but not limited to failure to pay amounts when due or failure to deposit amounts required under this Section 2, shall entitle the Village to suspend processing the proposed Development. 2.4 Remedies The remedies provided in this Agreement are cumulative and not exclusive and shall be in addition to, and not in lieu of, any other remedies available to the Village at law or in equity. SECTION 3. TERMINATION 3.1 Remedies This Agreement shall terminate upon (a) final rejection of the Development, (b) execution of a final or replacement development agreement, or (c) Village receipt of a written statement from the Developer withdrawing the Development from further consideration. 3.2 Survival The obligation of Developer to reimburse the Village for “Administrative Costs” incurred to and including the date of termination, and the Village's rights and remedies to enforce such reimbursement, shall survive the termination of this Agreement. 25 Village of Sister Bay Tax Incremental District (TID) Assistance Policy (DRAFT) Cost Reimbursement Agreement Adopted: [Date] Page 10 SECTION 4. NO VESTED RIGHTS GRANTED BY THIS AGREEMENT 4.1 No Guarantee of Approval. Nothing in this Agreement is intended to relieve, nor shall it be construed as relieving, or in any way satisfying other obligations, procedures or requirements pertaining to the annexation, division, zoning, development, or other matters relating to the P roperty. Furthermore, this Agreement does not bind the Village to approve any request, petition, application or other matter relating to the Property. IN WITNESS WHEREOF, the parties have executed this Cost Reimbursement Agreement. DEVELOPER: Name: __________________________________________ Title: ___________________________________________ Signature: _______________________________________ Date: ____________________________________________ VILLAGE OF SISTER BAY: Name: _____________________________________________ Title: Village President Signature: _______________________________________ Date: ____________________________________________ Name: _____________________________________________ Title: Village Clerk Signature: _______________________________________ Date: ____________________________________________ 26 Village of Sister Bay Tax Incremental District (TID) Assistance Policy (DRAFT) Cost Reimbursement Agreement Adopted: [Date] Page 11 ATTACHMENT A LEGAL DESCRIPTION OF THE PROPERTY 27 Page 1 STAFF REPORT Date: July 13, 2026 To: Finance Committee Re: 2027 CIP: Preliminary Review and Discussion Author(s): Benjamin Andrews, Village Administrator Action(s) Requested: ☐ Ordinance ☐ Resolution ☐ Motion ☒ Receive/File After meeting with the department manager, Village Staff compiled preliminary 2027-2031 Capital Improvement Planning Worksheets. Attached are the worksheet summaries submitted by department managers. ATTACHMENT(S) • Preliminary 2027-2030 CIP 28 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 3,904,591.00$ 7,004,591.00 $ 3,904,591.00 $ 3,904,591.00 $ 3,904,591.00 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 150,000.00$ 150,000.00 $ 250,000.00 $ - $ - $ 550,000.00$ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS 4,250,000.00$ 1,300,000.00 $ - $ - $ - $ 5,550,000.00$ GRANTS -$ - $ 1,000,000.00$ - $ - $ 1,000,000.00$ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ 250,000.00$ - $ - $ 250,000.00$ TOTAL SOURCES 4,400,000.00$ 1,450,000.00 $ 1,500,000.00 $ - $ -$ 7,350,000.00$ TOTAL AVAILABLE FUNDS 8,304,591.00$ 8,454,591.00 $ 5,404,591.00 $ 3,904,591.00 $ 3,904,591.00 $ USES BY CATEGORY General Government & Administration 1,300,000.00$ 4,550,000.00 $ 1,500,000.00 $ - $ - $ 7,350,000.00$ TOTAL USES BY CATEGORY 1,300,000.00$ 4,550,000.00 $ 1,500,000.00 $ - $ -$ 7,350,000.00$ EST. ENDING FUND BALANCE 7,004,591.00$ 3,904,591.00 $ 3,904,591.00 $ 3,904,591.00 $ 3,904,591.00 $ 7/10/2026 29 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 3,904,591$ 7,004,591 $ 3,904,591 $ 3,904,591 $ 3,904,591 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 150,000$ 150,000 $ 250,000 $ - $ - $ 550,000$ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS 4,250,000$ 1,300,000 $ - $ - $ - $ 5,550,000$ GRANTS -$ - $ 1,000,000$ - $ - $ 1,000,000$ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ 250,000$ - $ - $ 250,000$ TOTAL SOURCES 4,400,000$ 1,450,000 $ 1,500,000 $ - $ - $ 7,350,000$ TOTAL AVAILABLE FUNDS 8,304,591$ 8,454,591 $ 5,404,591 $ 3,904,591 $ 3,904,591 $ USES BY PROGRAM/PROJECT Village-Wide Broadband 1,000,000$ 1,300,000$ -$ -$ -$ 2,300,000$ Village Administration Building Demo 75,000$ 75,000$ Administration Building 150,000$ 3,100,000$ - $ - $ - $ 3,250,000$ PW Buildings Demo 75,000$ -$ -$ -$ -$ 75,000$ Wayfinding & Facilities Signage -$ - $ - $ - $ - $ - $ Village Hall Future Engineering-Renovation -$ 150,000$ 1,500,000$ - $ - $ 1,650,000$ TOTAL USES BY PROJECT 1,300,000$ 4,550,000$ 1,500,000$ -$ -$ 7,350,000$ EST. ENDING FUND BALANCE 7,004,591$ 3,904,591 $ 3,904,591 $ 3,904,591 $ 3,904,591 $ General Government & Administration 7/10/2026 30 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Village-Wide Broadband 1,000,000$ 1,300,000 $ - $ - $ - $ 3,300,000$ Total 1,000,000$ 1,300,000 $ - $ - $ - $ 3,300,000$ Funding Sources 2027 2028 2029 2030 2031 Total Bond Proceeds 1,000,000$ 1,300,000$ -$ -$ -$ 3,300,000$ Total 1,000,000$ 1,300,000$ -$ -$ -$ 3,300,000$ Budget Impact/Other Funded by taxable general obligation bonds. Construction funding was acquired in late 2023 through the state trust fund loan program. Originally, this allowed the Village to delay principal payments on the project until 2025. The taxable general obligation bond has already been taken out for 20 years. The repayment of the debt is currently being levied, and will continue to be levied until the debt is paid. 3 -Preventive Need/Public Benefit/1-2 Years New Pro gram/Service Fiber optic/broadband infrastructure to every home, business and village owned building and park within the Village. Fiber is to be underground throughout the village. Village-Wide Broadband Village Administrator GENERAL-1 Infrastructure 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION General Government General Government 7/10/2026 31 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Village Administration Building Demo 75,000 $ 75,000$ Total 75,000 $ - $ - $ - $ -$ 75,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 75,000 $ 75,000$ Total 75,000 $ - $ - $ - $ -$ 75,000$ Budget Impact/Other $75,000 is intended to be collected through capital project levy. 4 -Critical Need/Obligated/Within 6-12 Months Replace Worn Out Equipment The Village Board took action on the March 24th, 2026, meeting to approve the motion for the demolition and/or removal of the current Village Administration Building at 2383 Maple Drive. The current Village Administration building will need to be demolished/removed prior to the construction of the Triangle Reconstruction project. Village Administration Building Demo Village Administrator GENERAL-2 Facilities 40 Years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2023-2027 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION General Government General Government 32 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Administration Building 150,000$ 3,100,000$ - $ - $ - $ 3,250,000$ Total 150,000$ 3,100,000$ - $ - $ - $ 3,250,000$ Funding Sources 2027 2028 2029 2030 2031 Total Bond Proceeds 3,250,000 $ - $ - $ - $ 3,250,000$ Grants - $ - $ - $ - $ - $ -$ Total 3,250,000$ - $ - $ - $ - $ 3,250,000$ Budget Impact/Other In late 2024, extensive time was spent explaining how the building would be paid for, so that trustees and the public understood how the project would be financed and its impact on taxpayers. Including the Admin Building debt, the village would not have to increase its existing debt levy. The project is to be funded through general obligation bonds and long-term financing. The estimated cost for design thru bidding services for the new Village Administration Building is $150,000. Additional costs for the construction of the building will be provided as an estimate of probable cost during the design process. Construction management service costs are to be identified. 4 -Critical Need/Obligated/Within 6-12 Months Replace Worn Out Equipment New Administration Building with trustee chambers, executive session conference room, elections space/secure elections space required by law, employee office space, flex workspace for consultants/dept heads/others, client conference room, file space/archive space, restrooms, employee kitchen/lounge, lobby, drop box, payment window. Includes sound system for meetings and presentations, handicapped accessible, good exterior lighting, safety features to separate employees from public, and secure doors. Administration Building Erik Linczmaier GENERAL-3 Facilities 40 years The current administration building is too small for the needs. The current building has issues with heating/cooling, leaks, electrical overloads, insects, and needs new windows, etc. The current building lacks privacy for voting or conversations. It lacks meeting spaces, large and small. We do not have good storage space that is safe from fire, water damage, or rodents. Logistically, being separated from other staff is inefficient. The voting equipment should be stored onsite in a secure closet/space. VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION General Government General Government 7/10/2026 33 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total PW Buildings Demo 75,000$ - $ - $ - $ - $ 75,000$ Total 75,000$ - $ - $ - $ - $ 75,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 75,000$ -$ -$ -$ -$ 75,000$ Total 75,000$ -$ -$ -$ -$ 75,000$ Budget Impact/Other $75,000 was collected in 2025, but restricted by the Board. Demolition to occur in 2027 and there is no impact to the 2027 budget. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment On December 16th, 2025, the Village Board approved a motion to select the former site of the Public Works Building (2313 Mill Road) as the site of the new Village Administration Building. In order for the building to be constructed, the current building will need to be demolished. The building has exceeded its useful life and is in disrepair. Removing the building eliminates a potential safety threat, improves the aesthetics of the village, and preares the site for the next land use. PW Buildings Demo Erik Linczmaier GENERAL-4 Facilities 40 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION General Government General Government 7/10/2026 34 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Wayfinding & Facilities Signage -$ - $ - $ - $ - $ -$ Total -$ - $ - $ - $ - $ - $ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ -$ -$ -$ -$ Total -$ -$ -$ -$ -$ -$ Budget Impact/Other N/A Signage Originally $250,000 was placed in the CIP, and annually it tended to be pushed further to the future. In spring 2025 the Finance Committee decided not to pursue the project at that time, but leave the item in the CIP workbook in case updated bids are received someday and the Village board decides to pursue the project. To be reviewed annually. 3 -Preventive Need/Public Benefit/1-2 Years New Program/Service The village had completed a wayfinding signage study and had intended to redesign and replace Village wayfinding and facilities signage. The goal was to assist the public in finding amenities and facilities, and create a cohesive look for all Village properties and facilities. Help residents and visitors find their way around Sister Bay easily. Market Sister Bay. Update look of Village. 5-10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION General Government Wayfinding & Facilities Signage General Government GENERAL-5 7/10/2026 35 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Village Hall Future Engineering 150,000$ - $ -$ -$ 150,000$ Village Hall Future Renovation -$ -$ 1,500,000$ -$ -$ 1,500,000$ Total -$ 150,000$ 1,500,000$ -$ -$ 1,650,000$ . Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ 150,000$ 250,000$ -$ -$ 400,000$ Other Source -$ -$ 250,000$ -$ -$ 250,000$ Grants -$ -$ 1,000,000$ -$ -$ 1,000,000$ Total -$ -$ 1,500,000$ -$ -$ 1,500,000$ Budget Impact/Other VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION General Government Village Hall Future Engineering-Renovation General Government GENERAL-6 Total project costs are estimated to be $2,500,000. If CDBG-PF funding is applied, the total obligation of the Village would be $1,500,000. 2 -Improvement Benefit/Desired Want/2-3 Years Current Equipment Obsolete The Village Hall is in need of rennovation and addition; 2025 architectural drawings. The Village Hall project has been identified as a need by the Village Hall Planning Task Force. Eric Linczmaier Facilities 0 years 7/10/2026 36 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 859,809$ 959,809 $ 1,299,059$ 1,039,809 $ 639,809 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 115,000$ 354,250 $ 173,333 $ 115,000 $ 254,250 $ 1,011,833$ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ - $ - $ - $ - $ TOTAL SOURCES 115,000$ 354,250$ 173,333$ 115,000$ 254,250$ 1,011,833$ TOTAL AVAILABLE FUNDS 974,809$ 1,314,059$ 1,472,392 $ 1,154,809 $ 894,059 $ USES BY CATEGORY FIRE 15,000$ 15,000$ 432,583$ 515,000$ 15,000$ 992,583$ TOTAL USES BY CATEGORY 15,000$ 15,000$ 432,583$ 515,000$ 15,000$ 992,583$ EST. ENDING FUND BALANCE 959,809$ 1,299,059$ 1,039,809 $ 639,809 $ 879,059 $ 7/10/2026 37 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 859,809$ 959,809$ 1,299,059$ 1,039,809$ 639,809$ FUNDING SOURCES CAPITAL PROJECTS LEVY 115,000$ 354,250$ 173,333$ 115,000$ 254,250$ 1,011,833$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS -$ -$ -$ -$ -$ -$ GRANTS -$ -$ -$ -$ -$ -$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE -$ -$ -$ -$ -$ -$ TOTAL SOURCES 115,000$ 354,250$ 173,333$ 115,000$ 254,250$ 1,011,833$ TOTAL AVAILABLE FUNDS 974,809$ 1,314,059$ 1,472,392 $ 1,154,809 $ 894,059 $ USES BY PROGRAM/PROJECT Tender 11 Replacement -$ -$ 239,250$ -$ -$ 239,250$ Radios -$ -$ -$ -$ -$ -$ SCBA Air Packs and Spare Bottles -$ -$ 120,000$ -$ -$ 120,000$ Turn Out Gear -$ -$ 58,333$ -$ -$ 58,333$ Engine 6 -$ -$ -$ 500,000$ -$ 500,000$ FD Maintanance 15,000$ 15,000$ 15,000$ 15,000$ 15,000$ 75,000$ TOTAL USES BY PROJECT 15,000$ 15,000$ 432,583$ 515,000$ 15,000$ 992,583$ EST. ENDING FUND BALANCE 959,809$ 1,299,059$ 1,039,809 $ 639,809 $ 879,059 $ FIRE 7/10/2026 38 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Tender 11 Replacement -$ - $ 239,250$ - $ - $ 239,250$ Total -$ - $ 239,250$ - $ - $ 239,250$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ 239,250$ -$ -$ 239,250$ Total -$ -$ 239,250$ -$ -$ 239,250$ Budget Impact/Other At replacement, vehicle will be 31 years old. Chassis frame rails, cross members, and body structure have moderate rust. Due to in-service weight on the rear axle, no other hose, tools or equipment can be carried on the apparatus. Tender 11 Replacemen Fire Chief FIRE-1 FIRE Department 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Fire Department FIRE Department Actual impact to expenditures of $239,250 for the Village's portion of cost in capital fund. Fire Board have to decide what to do with Tender 11. For now it is just a place holder. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment 1994 International 4900 two-door cab and chassis with a steel body. Vehicle is equipped with a small portable fire pump and carries a 2100 gallon water tank. Chassis is powered by an International DT-466 engine rated at 250 horsepower through an Allison MT-643 automatic transmission. The apparatus is built on a single axle 152" wheelbase. Tender 11 has around 8000 road miles accumulated and is assigned to respond second to all fires in non-hydrant areas. The truck operates primarily as a tanker. 7/10/2026 39 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Radios -$ -$ -$ -$ -$ -$ Total -$ -$ -$ -$ -$ -$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ -$ -$ -$ -$ Total -$ -$ -$ -$ -$ -$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Fire Department Fire Department Radios Fire Chief FIRE-2 FIRE Current estimates at the county level are approximately $27mm, but the County has not made a decision on how that cost is allocated. The Village's portion of the cost could be over $1mm. Sister Bay should continue to reserve as much as possible and may have to fund the remainder with debt or reserve balance. At this time, financial Impact to budget of $150,000 annually for reserve in capital fund ($50,000 was reserved in 2024). Actual impact to expenditures is unknown since the actual cost has not been accurately estimated yet. 2 -Im provement Benefit/Desired Want/2-3 Years Current Equipment Obsolete 75 portable radios purchased between 2004 and 2011 and 14 truck mounted radios purchased in 2008. Upgrades to repeaters, receivers, multiplexers, and other associated hardware within the department's radio system may also be necessary. The County is currently working with consultants to establish a basic estimate of needs for transition to a digital 700 or 800 mhz system. This will require 100% change of all radio equipment. Go live date is tentatively 1/1/28, build out in 2027, bonded/funded in 2026. Cost and breakdown is still unknown-relying on county/VOSB share 1/3. Estimated County-wide system replacement 7/10/2026 40 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total SCBA Air Packs and Spare Bottles -$ -$ 120,000$ -$ -$ 120,000$ Total -$ -$ 120,000$ -$ -$ 120,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 24,000$ 24,000$ 48,000$ -$ -$ 96,000$ Total 24,000$ 24,000$ 48,000$ -$ -$ 96,000$ Budget Impact/Other Funding Federal Emergency Management Agency (FEMA) - Assistance to Firefighters (AFG) Grant: FEMA's AFG grant is a funding opportunity for critical firefighter and first responder equipment, protective gear, training, and emergency vehicles. The likihood of award is low; however, the proposed project is considered for an application through the funding program. Applications occur SCBA air packs and spare bottles - 36 SCBA’s, 72 total bottles ( 2 per pack) , 4 RIT packs and 4 RIT pack bottles. The useful life of these assets is 15 years. The current inventory is from 1982 to 2004. The cost estimate in the fire department CIP is $180,000 but was priced in 2016. Pricing is expected to be at least double that. The Department's current (5/2011) SCBA inventory ranges in age from 1982 to 2004 and span at least four different sets of NFPA requirements. None of the in-service inventory meets the current standards. The NFPA and COMM 30 require each member of the Fire Deaprtment to have an air pack available to them while working in a hazardous atmosphere. The CIP plan for the replacement of the air packs would allow for a department-wide standardization of this equipment and would allow all air packs to be compliant with the standards at that time. The CIP currently plans for only a single replacement of these items, but it would be expected that as the CIP continues to be adjusted that the future replacement of air packs would be added at some time (15+ years). The issue will be the hydrotest dates will run out and then they can't be tested anymore. Financial Impact to budget of $24,000 from 2026-2028, and $48,000 in 2029 annually for reserve in capital fund. Fire Chief FIRE Department 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment 15 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Fire DepartmentFire Department SCBA Air Packs and Spare Bottles FIRE-3 7/10/2026 41 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Turn Out Gear -$ - $ 58,333$ - $ - $ 58,333$ Total -$ - $ 58,333$ - $ - $ 58,333$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ 58,333$ -$ -$ 58,333$ Total -$ -$ 58,333$ -$ -$ 58,333$ Budget Impact/Other 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Fire Department FIRE Department Turn Out Gear Fire Chief FIRE-4 FIRE Department Financial Impact to budget of $58,333 to be covered by capital project levy. 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment Replacement of Turn Out Gear. Scheduled Replacement of Turn Out Gear. 7/10/2026 42 Category:D epartment: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Engine 6 -$ - $ - $ 500,000$ - $ 500,000$ -$ - $ - $ 500,000$ - $ 500,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 100,000$ 100,000 $ 100,000 $ 100,000 $ - $ 400,000$ 100,000$ 100,000 $ 100,000 $ 100,000 $ - $ 400,000$ Budget Impact/Other VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION FIRE Department Chris Hecht FIRE Department 15 years Fire Department Engine 6 FIRE-5 Financial Impact to budget of $500,000 annually for reserve in capital fund. Actual impact to expenditures of $1,500,000 for the Village's portion of cost in capital fund. Planning on using reallocated reserves from Radios levied in 2025. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment Engine 6 7/10/2026 43 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total FD Maintanance 15,000$ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 75,000$ Total 15,000$ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 75,000 $ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 15,000$ 15,000$ 15,000$ 15,000$ 15,000$ 75,000$ Total 15,000$ 15,000$ 15,000$ 15,000$ 15,000$ 75,000$ Budget Impact/Other 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment FD Maintanance FD Maintanance Fire Chief FIRE-6 FIRE Department 15 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Fire Department Fire Department 7/10/2026 44 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 505,000.00$ 505,000.00$ 605,000.00$ 705,000.00$ 805,000.00$ FUNDING SOURCES CAPITAL PROJECTS LEVY 427,160.00$ 345,030.00 $ 225,000.00 $ 225,000.00 $ 200,000.00 $ 1,422,190.00 $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS 906,390.00$ 860,121.00 $ 125,000.00 $ 125,000.00 $ - $ 2,016,511.00$ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ 125,000.00$ 125,000.00 $ - $ 250,000.00$ TOTAL SOURCES 1,333,550.00$ 1,205,151.00$ 475,000.00 $ 475,000.00$ 200,000.00$ 3,688,701.00$ TOTAL AVAILABLE FUNDS 1,838,550.00$ 1,710,151.00 $ 1,080,000.00 $ 1,180,000.00 $ 1,005,000.00 $ USES BY CATEGORY Parks 1,333,550.00$ 1,105,151.00$ 375,000.00 $ 375,000.00$ 500,000.00$ 3,688,701.00$ TOTAL USES BY CATEGORY 1,333,550.00$ 1,105,151.00$ 375,000.00$ 375,000.00$ 500,000.00$ 3,688,701.00$ EST. ENDING FUND BALANCE 505,000.00$ 605,000.00 $ 705,000.00 $ 805,000.00 $ 505,000.00 $ 7/10/2026 45 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 505,000$ 505,000$ 605,000$ 705,000$ 855,000$ FUNDING SOURCES CAPITAL PROJECTS LEVY 427,160$ 345,030$ 225,000$ 150,000$ 200,000$ 1,347,190$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS -$ -$ -$ -$ -$ -$ GRANTS 906,390$ 860,121$ 125,000$ -$ -$ 1,891,511$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE -$ -$ 125,000$ -$ -$ 125,000$ TOTAL SOURCES 1,333,550$ 1,205,151$ 475,000$ 150,000$ 200,000$ 3,363,701$ TOTAL AVAILABLE FUNDS 1,838,550$ 1,710,151 $ 1,080,000 $ 855,000 $ 1,055,000$ USES BY PROGRAM/PROJECT HWY 57 Trail 1,145,587 $ - $ - $ - $ - $ 1,145,587$ Village Hall Painting 25,000$ - $ - $ - $ - $ 25,000$ Post Office Painting 18,000$ - $ - $ - $ - $ 18,000$ Hwy 42 Trail to Ephraim 144,963$ 1,075,151$ - $ - $ - $ 1,220,114$ Waterfront Playground Equipment -$ -$ -$ -$ 450,000$ 450,000$ Dog Park Renovations -$ - $ 125,000$ - $ - $ 125,000$ Pebble Beach Parking, Restrooms, Overlook -$ 30,000$ 250,000 $ - $ - $ 280,000$ Misc. Trails - $ - $ - $ - $ 50,000$ 50,000 $ TOTAL USES BY PROJECT 1,333,550$ 1,105,151 $ 375,000 $ - $ 500,000$ 3,313,701$ EST. ENDING FUND BALANCE 505,000$ 605,000 $ 705,000 $ 855,000 $ 555,000 $ Parks 7/10/2026 46 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total HWY 57 Trail 1,145,587$ - $ -$ -$ -$ 1,145,587$ Total 1,145,587$ - $ -$ -$ -$ 1,145,587$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 239,197$ - $ - $ - $ - $ 239,197$ Grants 906,390 $ - $ - $ - $ - $ 906,390$ Total 1,145,587$ - $ - $ - $ - $ 1,145,587$ Budget Impact/Other Planning was completed in 2024 and paid for with a donation. The engineering contract was awarded in 2025 and is expected to be 60% complete by the end of 2025. The engineering contract was for $68,000, but additional costs will be incurred if soil borings or right-of-way acquisitions are necessary. The village is responsible for the engineering, and it is not covered by the grant. Construction management/bid release to occur in 2027. Construction management estimated at $85,000 plus legal services (deed work, etc.) so $95,000 in total estimated. Construction to start May 2027, unless DOT approves a Fall 2026 start, with project expected to be complete by the end of September 2027. 4 -Critical Need/Obligated/Within 6-12 Months New Program/Service Pedestrian/ Bike Path along Highway 57 from Hwy 42/Gateway Park to eventually Northwoods Drive. Path off-road to facilitate bikes and pedestrians who are currently walking along the highway in that area. Asphalt path. Cooperative with DOT. Funding will also be needed to continue the trail from Northwoods Drive to the Village limits/Corner of the Past in the future People are frequently walking and biking on the shoulder of the highway which is a safety issue. As we see more homes and businesses in that area, the problem will continue to worsen. HWY 57 Trail Parks and Streets Directo r Parks-1 Trail 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks 7/10/2026 47 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Village Hall Painting 25,000$ 25,000$ Total 25,000$ -$ -$ -$ -$ 25,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 25,000$ 25,000$ Total 25,000$ -$ -$ -$ -$ 25,000$ Budget Impact/Other VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2023-2027 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Parks Parks Apply $25,000 to the capital project levy in 2027. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment Village Hall soffit and fascia needs to be repainted. To preserve and protect infastructure from the elements. Village Hall Painting Parks and Streets Director Parks-2 Buildings 10 years 48 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Post Office Painting $18,000 18,000$ Total 18,000$ -$ -$ -$ -$ 18,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 18,000$ 18,000$ Total 18,000$ -$ -$ -$ -$ 18,000$ Budget Impact/Other VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2023-2027 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Parks Parks Apply $18,000 to the capital project levy in 2027. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment Post Office soffit,fascia and cinder block walls need to be repainted. To preserve and protect infastructure from the elements. Post Office Painting Parks and Streets Director Parks-3 Buildings 10 years 49 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Hwy 42 Trail to Ephraim 144,963$ 1,075,151$ - $ - $ - $ 1,220,114$ Total 144,963$ 1,075,151$ - $ - $ - $ 1,220,114$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 144,963$ 215,030 $ - $ - $ - $ 359,993$ Grants - $ 860,121$ - $ - $ - $ 860,121$ Total 144,963$ 1,075,151$ - $ - $ - $ 1,220,114$ Budget Impact/Other Parks and Streets Director Trail Financial impact to budget - DOT TAP Grant to be applied for. $144,963 to be engineering cost paid for with Capital Project Levy. Project increases by 4% annually, per DOT guidelines. Estimates based on 2024 figures. 3 -Preventive Need/Public Benefit/1-2 Years New Program/Service Pedestrian/ Bike Path that will connect the existing bike path on HWY 42 up the hill into Ephraim. Designed in 2024, engineered in 2025, construction in 2028. People are frequently walking and biking on the shoulder of the highway which is a safety issue. This will extend the HWY 42 trail and hopefully extend into Ephraim. This would be a multi jurisdictional trail that would connect Sister Bay, Ephraim, Fish Creek and Egg Harbor. 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Hwy 42 Trail to Ephraim Parks-4 Parks 7/10/2026 50 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Waterfront Playground Equipment -$ - $ -$ -$ 450,000$ 450,000$ Total -$ - $ -$ -$ 450,000$ 450,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 100,000$ 100,000 $ 100,000 $ 150,000 $ 450,000$ Total -$ 100,000$ 100,000 $ 100,000$ 150,000$ 450,000$ Budget Impact/Other 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks and Streets Director Parks Parks Waterfront Play ground Equipment Parks-5 The committee estimated the financial impact to the to be $450,000. However, monies should be sought for design services to ensure the equipment meets users needs and is accessible. Many equipment providers offer grants to help municipalities, and they should be pursued when the village is ready to move forward with the project. Apply $100,000 to the capital project levy 2028 thru 2031. 2 -Improvement Benefit/Desired Want/2-3 Years Replace Worn Out Equipment Inclusive Playground - rubberized base, new equipment. Playground creates a space where all children, regardless of mobility, can play and socialize. Would be placed where existing Waterfront Park playground is located. Equipment could be branded for Sister Bay (ships, scandinavian, vikings, goats, etc) but branded equipment is additional cost. Current equipment is aged and in need of replacement; it is not accessible to all children. Replace with playground accessible by all mobility levels. 7/10/2026 51 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Dog Park Renovations -$ - $ 125,000$ - $ - $ 125,000$ Total -$ - $ 125,000$ - $ - $ 125,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ 125,000$ -$ -$ 125,000$ Total -$ -$ 125,000$ -$ -$ 125,000$ Budget Impact/Other Parks and Streets Director Parks Existing reserves from Valerie Davis Estate - $43,011. Reserved dog park donations - $6,989. $25,000 for engineering in 2026 used from these reserves. $100,000 construction cost is an estimate only. Could be funded by donations or Municipal Reimbursement Funds, if approved. 2 -Improvement Benefit/Desired Want/2-3 Years Expanded Service Public has requested that large dogs be separated from small dogs. Facility study indicated that dog park should be relocated. The PPS Committee has discussed a dog park on the Logerquist site. The CORP recommends a new dog park, or dogs be separated. Use funds from the Valerie Davis Estate which were received in 2019. Ms. Davis was a supporter of various humane societies. 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION ParksParks Dog Park Renovations Parks-6 7/10/2026 52 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Pebble Beach Parking, Restrooms, Overlook -$ 30,000$ 250,000 $ - $ - $ 280,000$ Total -$ 30,000$ 250,000 $ - $ - $ 280,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ 30,000$ 125,000 $ - $ - $ 155,000$ Grants - $ - $ 125,000$ - $ - $ 125,000$ Capital Projects Levy -$ - $ - $ - $ -$ Total -$ 30,000$ 250,000 $ - $ - $ 280,000$ Budget Impact/Other Parks and Streets Director Parks Phase I: Engineering and construction of the boardwalk and overlook - $30,000 for engineering was moved back to 2028; $250,000 set aside for construction in 2029. Grant eligible. Phase II: Parking lot and bio swale engineering; construct bio-swale; hard surface lot. Not included in 5 year plan at this time. Bio-swale is grant eligible. Phase III: Toilet and waste management. Not included in 5 year plan at this time. 3 -Preventive Need/Public Benefit/1-2 Years New Program/Service Previous PPS Committee discussed installing ‘boulder benches’, a bike rack, trash receptacle, hard surfacing the north parking lot to prevent degradation of the park and runoff damage, restrooms, and a boardwalk with overlook. At that time research was done on asphalt costs, bio-swale engineering, and grant research. The committee also wanted a pit toilet, and an accessible boardwalk with beach overlook. Preliminary designs were pursued, cost estimates obtained, and conversations with the Land Trust and grantors were pursued. The committee membership then changed, and the project was cancelled, but in early 2025 it was briefly discussed again. Creating a wheelchair accessible boardwalk with a beach overlook was a commitment the village previously made with a gentleman who agreed to donate to the acquisition of the park, provided the village installed a wheelchair accessible boardwalk. To install a wheelchair accessible boardwalk, you need a hard surface parking lot. To install a hard surface, you need to address drainage, which requires a bio-swale. All these amenities require engineering. Although a pit toilet, or any toilet, can be foregone, the park has grown in popularity (now being advertised by the state and land trust on social media) and eventually the village should address how human waste will be managed. 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION ParksParks Pebble Beach Parking, Restrooms, Overlook Parks-7 7/10/2026 53 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Misc. Trails -$ -$ -$ 50,000$ 50,000$ Total -$ -$ -$ -$ 50,000$ 50,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ - $ - $ 50,000$ 50,000 $ 100,000$ Grants - $ - $ - $ - $ -$ Total -$ - $ - $ 50,000$ 50,000 $ 100,000 $ Budget Impact/Other Financial impact to budget - capital levy of $50,000 in 2030. Grant eligible. 3 -Preventive Need/Public Benefit/1-2 Years New Program/Service Recreational planning efforts, and downtown redevelopment plans, all discussed a trail through the wetland behind the fire station, to connect to the gravel path between the fire station property’s stormwater pond and Woodcrest Road. This trail would help eliminate congestion, allow pedestrian access to more areas, and meet nature recreation goals in the CORP. In 2023 there were early design efforts and a wetland determination inspection, with a boardwalk plan developed in 2023 by Stantec. The project was then delayed for budgetary purposes. During the 2025 budget process, the village decided to start budgeting annually for trails. It is anticipated this money will be used for the preliminary work needed to eventually pursue grants to help offset costs. The Woodland Trail project needs a wetland determination, engineering, and a wetland permit before the project can even be put to bid and built. Wetland determinations expire, and DNR permits take a long time to obtain (sometimes a year), so the village needs to plan ahead. This is a grant eligible project, but initial work must be done to qualify and to know estimated project costs. This initial work is projected to cost $100,000, dependent on consultants and the engineering firm selected. Construction for the Woodland Trail alone was previously estimated at $905,000. Budgeting annually ensures proper planning, and reserves for grant matches, provided grants are secured prior to the expiration of DNR approvals. Misc. Trails Erik Linczmaier Parks-8 Trail 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks 7/10/2026 54 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 255,465.00$ 255,465.00$ 255,465.00$ 255,465.00$ 255,465.00$ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ 90,000.00$ 75,000.00$ 151,000.00$ -$ 316,000.00$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS -$ -$ -$ -$ -$ -$ GRANTS -$ -$ -$ -$ -$ -$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE -$ -$ -$ 20,000.00$ -$ 20,000.00$ TOTAL SOURCES -$ 90,000$ 75,000$ 171,000$ -$ 336,000.00$ TOTAL AVAILABLE FUNDS 255,465.00$ 345,465.00 $ 330,465.00 $ 426,465.00 $ 255,465.00 $ USES BY CATEGORY Public Works Vehicles & Equipment - $ 90,000.00$ 75,000.00$ 171,000.00$ -$ 336,000.00$ TOTAL USES BY CATEGORY -$ 90,000.00$ 75,000.00$ 171,000.00$ -$ 336,000.00$ EST. ENDING FUND BALANCE 255,465.00$ 255,465.00 $ 255,465.00 $ 255,465.00 $ 255,465.00 $ 7/10/2026 55 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 255,465$ 255,465 $ 255,465 $ 255,465 $ 255,465 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ 90,000$ 75,000 $ 151,000 $ - $ 316,000$ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ - $ 20,000$ - $ 20,000$ TOTAL SOURCES -$ 90,000$ 75,000 $ 171,000 $ - $ 336,000$ TOTAL AVAILABLE FUNDS 255,465$ 345,465 $ 330,465 $ 426,465 $ 255,465 $ USES BY PROGRAM/PROJECT Brush Chipper -$ 90,000$ - $ - $ - $ 90,000$ 2005 Truck Replacement - $ - $ 75,000$ - $ - $ 75,000$ 2011 Ranger #2 Replacement -$ - $ - $ 48,000$ - $ 48,000$ Zero Turn Lawnmower II - $ - $ - $ 18,000$ - $ 18,000$ 2020 Dump Truck Replacement - $ - $ - $ 105,000$ - $ 105,000$ TOTAL USES BY PROJECT -$ 90,000$ 75,000 $ 171,000 $ - $ 336,000$ EST. ENDING FUND BALANCE 255,465$ 255,465 $ 255,465 $ 255,465 $ 255,465 $ Public Works Vehicles & Equipment 7/10/2026 56 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Brush Chipper -$ $90,000 -$ -$ 90,000$ Total -$ 90,000$ -$ -$ -$ 90,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ $90,000 -$ -$ 90,000$ Total -$ 90,000$ -$ -$ -$ 90,000$ Budget Impact/Other 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks and Streets Director Equipment Vehicles & Equipment Brush Chipper VE-01 Financial impact to budget - $90,000 - capital levy 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment Replace 2013 Vermeer BC9ODXL Wood Chipper with a Vermeer BC1500 Model or better Brush Chipper which is able to handle larger diameter trees Scheduled Replacement. Current one is to small. To much time spent cutting and not chipping. 7/10/2026 57 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2005 Truck Replacement -$ - $ 75,000$ - $ - $ 75,000$ Total -$ - $ 75,000$ - $ - $ 75,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ - $ 75,000$ - $ - $ 75,000$ Total -$ - $ 75,000$ - $ - $ 75,000$ Budget Impact/Other Parks and Streets Director Vehicle Financial impact to the budget of $75,000 - capital levy. Truck-$55,000. Back up alarm and light bar $2,500. Liftgate- $7,500. Plow- $10,000. 2 -Improvement Benefit/Desired Want/2-3 Years Replace Worn Out Equipment Replace 2005 Chevy pickup truck with a 3/4 ton truck. Regular cab. Truck should have a lift gate, plow, back up alarms, lights, and branding. Truck purchased in 2004. Truck currently runs has start to nickel and dime the department. Truck has had all brake lines replaced and rear differential replaced. It needs new Pitman Arm, Idler arm and Idler bracket. 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION ParksVehicles & Equipment 2005 Truck Replacement VE-02 7/10/2026 58 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2011 Ranger #2 Replacement -$ - $ 48,000 $ - $ 48,000$ Total -$ - $ - $ 48,000$ - $ 48,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ -$ 48,000$ -$ 48,000$ Total -$ -$ -$ 48,000$ -$ 48,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks and Streets Director Vehicle Vehicles & Equipment 2011 Ranger #2 Replacement VE-03 Financial impact to budget - $48,000 - capital levy 2 -Improvement Benefit/Desired Want/2-3 Years Scheduled Replacement Replace 2011 Ford Ranger with small pickup truck. 14 years old. Would like to replace with another small truck. Good for small spaces, tight turns, pulls lift, manuevers through town during busy time easier. 7/10/2026 59 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Zero Turn Lawnmower II -$ 18,000$ 18,000$ Total -$ -$ -$ 18,000$ -$ 18,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ 18,000$ -$ 18,000$ Total -$ -$ -$ 18,000$ -$ 18,000$ Budget Impact/Other Parks and Streets Director Equipment Financial impact to budget - $17,500 - capital levy. Use trade in or sale value of 2020 mower to offset cost or replenish reserve. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Professional grade mower. Addition to the mowing fleet. New maintenance program should prolong life and use. Replaces the 2020 mower. Scheduled replacement 5 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION ParksVehicles & Equipment Zero Turn Lawnmower II VE-04 7/10/2026 60 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2020 Dump Truck Replacement -$ -$ -$ 105,000$ -$ 105,000$ Total -$ -$ -$ 105,000$ -$ 105,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ -$ -$ 85,000$ -$ 85,000$ Other Source -$ -$ -$ 20,000$ -$ 20,000$ Total -$ -$ -$ 105,000$ -$ 105,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Parks Parks and Streets Director Vehicle Vehicles & Equipment 2020 Dump Truck Replacement VE-05 Financial impact to budget - $85,000 - capital levy and $20,000 sale price of the current dump truck. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Replace the 2020 Chevy Silverado Dump Truck with a similar truck, but one that runs on gasoline. Truck should have a dump box, plow, back up alarms, lights, and branding. Trade in 2020 or sell and use funds to offset purchase price. Scheduled replacement. Idling is hard on the diesel truck. Truck must be run on the highway regularly to limit issues. 7/10/2026 61 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 1,066,147.00$ 1,066,147.00 $ 1,066,147.00 $ 1,066,147.00 $ 1,066,147.00 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 100,000.00$ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 500,000.00 $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS 1,645,000.00$ - $ - $ - $ - $ 1,645,000.00$ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX 355,000.00$ - $ - $ - $ - $ 355,000.00$ OTHER SOURCE -$ - $ - $ - $ - $ - $ TOTAL SOURCES 2,100,000.00$ 100,000.00 $ 100,000.00$ 100,000.00$ 100,000.00$ 2,500,000.00$ TOTAL AVAILABLE FUNDS 3,166,147.00$ 1,166,147.00 $ 1,166,147.00 $ 1,166,147.00 $ 1,166,147.00 $ USES BY CATEGORY Streets 2,100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 2,500,000.00 $ TOTAL USES BY CATEGORY 2,100,000.00$ 100,000.00 $ 100,000.00$ 100,000.00$ 100,000.00$ 2,500,000.00$ EST. ENDING FUND BALANCE 1,066,147.00$ 1,066,147.00 $ 1,066,147.00 $ 1,066,147.00 $ 1,066,147.00 $ 7/10/2026 62 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 1,066,147$ 1,066,147 $ 1,066,147 $ 1,066,147 $ 1,066,147 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS 1,645,000$ - $ -$ -$ -$ 1,645,000$ GRANTS -$ -$ -$ -$ -$ -$ PREMIER RESORT AREA TAX 355,000$ -$ -$ -$ -$ 355,000$ OTHER SOURCE -$ -$ -$ -$ -$ -$ TOTAL SOURCES 2,100,000$ 100,000 $ 100,000$ 100,000$ 100,000$ 2,500,000$ TOTAL AVAILABLE FUNDS 3,166,147$ 1,166,147 $ 1,166,147 $ 1,166,147 $ 1,166,147 $ USES BY PROGRAM/PROJECT Mill Rd Triangle 2,000,000$ - $ -$ -$ -$ 2,000,000$ Yearly Street Improvements 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ Extension of Canterbury Lane East to Woodcrest Road -$ -$ -$ -$ -$ -$ Extension of Applewood Road to Woodcrest -$ -$ -$ -$ -$ -$ TOTAL USES BY PROJECT 2,100,000$ 100,000 $ 100,000$ 100,000$ 100,000$ 2,500,000$ EST. ENDING FUND BALANCE 1,066,147$ 1,066,147 $ 1,066,147 $ 1,066,147 $ 1,066,147 $ Streets 7/10/2026 63 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Mill Rd Triangle 2,000,000$ - $ - $ - $ - $ 2,000,000$ Total 2,000,000$ - $ - $ - $ - $ 2,000,000$ Funding Sources 2027 2028 2029 2030 2031 Total Bond Proceeds 1,645,000$ -$ -$ -$ -$ 1,645,000$ Premier Resort Area Tax 355,000$ - $ - $ - $ - $ 355,000$ Total 2,000,000$ - $ - $ - $ - $ 2,000,000$ Budget Impact/Other Engineering in 2025-2026; construction in 2027. Bid off an old estimate and project may be higher than expected. $350,000 + interest earned in PRAT Funds in each of 2025 and 2026, the remaining will need to be bond proceeds. 4 -Critical Need/Obligated/Within 6-12 Months Scheduled Replacement Completion of the Mill Rd triangle - Maple, Bluffside, Parkview and Parkview. Installation/repair of storm sewer. Curb and gutter. Sidewalks where possible. Examine parking considerations to maximize spaces and traffic flow. Storm sewer is partially complete but not connected. All of the connecting roads have large potholes, cracks, etc. Mill Rd Triangle is a main corridor for pedestrian traffic and sidewalks would help keep people out of the roadway. Road ratings are between 2 and 4, depending on the section, which is a rating of very poor to fair. Mill Rd Triangle Parks and Streets Director STREET-01 Streets 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Streets Streets 7/10/2026 64 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Yearly Street Improvements 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000$ Total 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000 $ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000$ Total 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000 $ Budget Impact/Other Parks and Streets Director Streets Financial impact to budget of $100,000 per year from 2027-2031 to be covered by Capital Project Levy. 5 -Mandated/Mission Driven/Immediate Need Scheduled Replacement The 2027 Yearly Street Improvement budget is to be approved by the Village Board. The PPS Committee has decided the 2026 allocation shall go to Koessl Lane: whole Rd- Mill and Pave 2' shouldering gravel. Estimated price in 2024-$43,505.00. Estimated price for 2026: $47,529.00. Estimated price for 2027: $50,030.00. Cardinal Court: section of road- Mill and Pave 2' shoulding gravel. Paving will start at Bluebird intersection run north around cul-de-sac. The estimated price in 2024 is $42,000.Estimated price for 2026: $45,885. The estimated price for 2027 is $48,300.00. Plan not approved by the board of trustees in 2025. Creating yearly street improvement budget to be utilized to make repair improvements to selected streets such as Sunset Drive: section just east of S. Spring Rd to Woodcrest Rd - 2024 pricing wedge and overlay $35,466, pulverize and pave $40,694.00, Mill and pave $48,912.00. Little Sister: Road section golf Rd intersection north till terminus- 2024 pricing wedge and overlay $59,697.00, pulverize and pave $79,000, mill and pave $98,000 , Cardinal Court: whole road- 2024 pricing wedge and overlay $42,000.00, pulverize and pave $60,000.00 mill and pave $73,000.00. Koessl Lane: Whole Rd-2024 pricing wedge and overlay $33,463, pulverize and pave $38,638, mill and pave $43,505. Cherrywood Court: whole Rd 2024 pricing wedge and overlay $37,828.00 pulverize and pave $43,997.00 mill and pave $51,333.00. Add 15% to 2024 totals for a 2027 estimated price. 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION StreetsStreets Yearly Street Improvements STREET-02 7/10/2026 65 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Extension of Canterbury Lane East to Woodcrest Road -$ - $ -$ Total -$ - $ - $ - $ - $ - $ Funding Sources 2027 2028 2029 2030 2031 Total General Fund Levy -$ - $ -$ Total -$ - $ - $ - $ - $ - $ Budget Impact/Other VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Streets Parks and Streets Director Streets Extension of Canterbur y Lane East to Woodcrest Road STREET-03 66 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Extension of Applewood Road to Woodcrest -$ Total - $ - $ -$ -$ -$ -$ Funding Sources 2027 2028 2029 2030 2031 Total -$ Total - $ - $ -$ -$ -$ -$ Budget Impact/Other Erik Linczmeiar VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION StreetsStreets Extension of Applewood Road to Woodcrest STREET-04 67 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE -$ (10,500.00)$ (10,500.00) $ (10,500.00) $ (25,500.00) $ FUNDING SOURCES CAPITAL PROJECTS LEVY 10,500.00$ 15,000.00 $ 2,500.00 $ 17,500.00 $ 3,000.00 $ GENERAL FUND LEVY -$ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ OTHER SOURCE -$ - $ - $ - $ - $ TOTAL SOURCES 10,500.00$ 15,000.00$ 2,500.00$ 17,500.00$ 3,000.00$ -$ TOTAL AVAILABLE FUNDS 10,500.00$ 4,500.00 $ (8,000.00)$ 7,000.00 $ (22,500.00)$ USES BY CATEGORY Library 21,000.00$ 30,000.00 $ 5,000.00 $ 35,000.00 $ 6,000.00 $ 97,000.00 $ TOTAL USES BY CATEGORY 21,000.00$ 30,000.00$ 5,000.00$ 35,000.00$ 6,000.00$ 97,000.00$ EST. ENDING FUND BALANCE (10,500.00)$ (25,500.00) $ (13,000.00) $ (28,000.00) $ (28,500.00) $ 7/10/2026 68 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE - $ (10,500)$ (10,500) $ (10,500) $ (25,500) $ FUNDING SOURCES CAPITAL PROJECTS LEVY 10,500$ 15,000 $ 2,500$ 17,500$ 3,000$ 48,500 $ GENERAL FUND LEVY - $ - $ - $ - $ - $ - $ BOND PROCEEDS - $ - $ - $ - $ - $ - $ GRANTS - $ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX - $ - $ - $ - $ - $ - $ OTHER SOURCE - $ - $ - $ - $ - $ - $ TOTAL SOURCES 10,500$ 15,000 $ 2,500$ 17,500$ 3,000$ 48,500 $ TOTAL AVAILABLE FUNDS 10,500 $ 4,500 $ (8,000) $ 7,000 $ (22,500)$ USES BY PROGRAM/PROJECT Cement Step Work 6,000$ -$ - $ - $ - $ 6,000$ Restripe Parking Lot 5,000$ -$ - $ - $ - $ 5,000$ Interior Painting - Lower Walls 10,000$ -$ - $ - $ - $ 10,000$ Exterior Painting - $ 20,000$ -$ - $ - $ 20,000$ New Tech Patio Awning - $ 10,000$ - $ - $ - $ 10,000$ Sound Reduction Panels - $ - $ 5,000$ -$ - $ 5,000$ Carpeting - $ - $ - $ 35,000$ -$ 35,000$ Replace Sail Shades - $ - $ - $ - $ 6,000$ 6,000$ TOTAL USES BY PROJECT 21,000$ 30,000 $ 5,000$ 35,000$ 6,000$ 97,000 $ EST. ENDING FUND BALANCE (10,500)$ (25,500) $ (13,000) $ (28,000) $ (28,500) $ Library 7/10/2026 69 Category:D epartment: De partment: De partment: Program/Project Name: Contact: Contact: Contact: Program/Project #: Type: Type: Type: Useful Life: Useful Life: Useful Life: Note: Program/Project Name and # Referenced on Category Shee Priority: Priorit y: Priorit y: Purpose: Pur pose: Pur pose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Cement Step Work 6,000 $ -$ -$ -$ -$ 6,000$ Total 6,000 $ -$ -$ -$ -$ 6,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 3,000 $ -$ -$ -$ 3,000$ Other Source 3,000 $ -$ -$ -$ 3,000$ Total 3,000 $ -$ -$ -$ -$ 3,000$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Library Cement Step Work Sheila Bristol LB-01 Library Financial impact to budget - $6,000 with $3,000 covered by capital levy and remaining $3,000 covered by Town of Liberty Grove. 4 -Critical Need/Obligated/Within 6-12 Months Increase Safety Replace front steps Original corners/crevasses missing cement 7/10/2026 70 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Restripe Parking Lot 5,000$ 5,000$ Total 5,000$ - $ - $ -$ -$ 5,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 2,500$ 2,500$ Other Source 2,500 $ Total 2,500$ - $ -$ -$ -$ 2,500$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2023-2027 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Library Restripe Parking Lot Sheila Bristol LB-02 Library Financial impact to budget - $5,000 with $2,500 covered by capital levy and remaining $2,500 covered by Town of Liberty Grove. 4 -Critical Need/Obligated/Within 6-12 Months Replace Worn Out Equipment Restripe and seal coat the parking lot. Some areas need patching to surface. Lines and handicap spot need new stripping. 71 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Interior Painting - Lower Walls 10,000 $ -$ -$ -$ -$ 10,000$ Total 10,000 $ -$ -$ -$ -$ 10,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 5,000 $ -$ -$ -$ -$ 5,000$ Other Source 5,000 $ -$ -$ -$ -$ 5,000$ Total 10,000 $ -$ -$ -$ -$ 10,000$ Budget Impact/Other Sheila Bristol Library Financial impact to budget - $10,000 in 2026 with $5,000 to be covered by capital levy and $5,000 covered by the Town of Liberty Grove. 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment Repaint interior, lower walls Paint needs touch ups in many areas, bathrooms repainted 2 years ago. Was $5,000 now $10,000. 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION LibraryLibrary Interior Painting - Lower Walls LB-03 7/10/2026 72 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Exterior Painting -$ 20,000 $ -$ -$ -$ 20,000$ Total -$ 20,000 $ -$ -$ -$ 20,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ 10,000 $ -$ -$ -$ 10,000$ Other Source -$ 10,000 $ -$ -$ -$ 10,000$ Total -$ 10,000 $ -$ -$ -$ 10,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Library Exterior Painting Sheila Bristol LB-04 Library Financial impact to budget - $20,000 in 2028 to be covered by $10,000 capital levy with remaining $10,000 to be covered by Town of Liberty Grove. 1 -Maintain/Public Want/Greater than 3 Years Replace Worn Out Equipment Repaint the exterior of the building and perform some repairs on the building Originally quoated at $10,000 but now $20,000 7/10/2026 73 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total New Tech Patio Awning -$ 10,000 $ -$ -$ 10,000$ Total -$ 10,000 $ -$ -$ -$ 10,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ 5,000$ - $ - $ - $ 5,000$ Other Source - $ 5,000$ - $ - $ - $ 5,000$ Total -$ 5,000$ - $ - $ - $ 5,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Sheila Bristol Library Library New Tech Patio Awning LB-05 Financial impact to budget - $10,000 with $5,000 to be covered by capital levy and $5,000 covered by the Town of Liberty Grove. 2 -Improvement Benefit/Desired Want/2-3 Years Replace Worn Out Equipment New Tech Patio Awning Replace sailshade on building-Sunsetter motorized 20ft wide by 10ft length. 7/10/2026 74 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Sound Reduction Panels -$ 5,000 $ - $ - $ 5,000$ Total -$ - $ 5,000$ - $ - $ 5,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ - $ 2,500$ - $ - $ 2,500$ Other Source - $ - $ 2,500$ - $ - $ 2,500$ Total -$ - $ 5,000$ - $ - $ 5,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Sheila Bristol Library Library Sound Reduction Panels LB-06 Financial impact to budget - $5,000 in 2029, with $2,500 to be covered by capital levy and $2,500 covered by the Town of Liberty Grove. 2 -Improvement Benefit/Desired Want/2-3 Years Current Equipment Obsolete Sound Reduction Panels Sound Reduction Panels needed in children's area, conference room and possibly other areas due to high open ceillings. 7/10/2026 75 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Carpeting -$ - $ - $ 35,000$ - $ 35,000$ Total -$ - $ - $ 35,000$ - $ 35,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy -$ - $ - $ 17,500$ - $ 17,500$ Other Source - $ - $ - $ 17,500$ - $ 17,500$ Total -$ - $ - $ 17,500$ - $ 17,500$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Library Carpeting Sheila Bristol LB-07 Library Financial impact to budget - $35,000 in 2030 with $17,500 to be covered by capital levy and $17,500 covered by the Town of Liberty Grove. 2 -Improvement Benefit/Desired Want/2-3 Years Replace Worn Out Equipment Carpeting 7/10/2026 76 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Replace Sail Shades 6,000$ 6,000$ Total -$ - $ -$ -$ 6,000$ 6,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 3,000$ 3,000$ Other Source 3,000$ 3,000$ Total -$ - $ -$ -$ 3,000$ 3,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2023-2027 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Library Library Replace Sail Shades Sheila Bristol LB-08 Library Financial impact to budget - $6,000 in 2031 with $3,000 to be covered by capital levy and $3,000 covered by the Town of Liberty Grove. 1 -Maintain/Public Want/Greater than 3 Years Replace Worn Out Equipment Replace sail shades; two options available - 1) Sunsetter manual, prince is without taxes or installation ($5,475); and 2.) Sunsetter Motorized 20ft wide by 10' long ($5,775). 77 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 100,000.00$ 200,000.00 $ 300,000.00 $ 400,000.00 $ - $ FUNDING SOURCES CAPITAL PROJECTS LEVY 100,000.00$ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 500,000.00 $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ - $ - $ - $ - $ TOTAL SOURCES 100,000.00$ 100,000.00$ 100,000.00$ 100,000.00$ 100,000.00$ 500,000.00$ TOTAL AVAILABLE FUNDS 200,000.00$ 300,000.00 $ 400,000.00 $ 500,000.00 $ 100,000.00 $ USES BY CATEGORY Ice Rink -$ -$ -$ -$ 500,000.00$ 500,000.00$ TOTAL USES BY CATEGORY -$ -$ -$ -$ 500,000.00$ 500,000.00$ EST. ENDING FUND BALANCE 200,000.00$ 300,000.00 $ 400,000.00 $ 500,000.00 $ (400,000.00)$ 7/10/2026 78 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 100,000$ 200,000 $ 300,000 $ 300,000 $ 400,000 $ FUNDING SOURCES CAPITAL PROJECTS LEVY 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000 $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE -$ - $ - $ - $ - $ - $ TOTAL SOURCES 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ TOTAL AVAILABLE FUNDS 200,000$ 300,000 $ 400,000 $ 400,000 $ 500,000 $ USES BY PROGRAM/PROJECT Community Center-Warming House -$ -$ -$ -$ 500,000$ 500,000$ TOTAL USES BY PROJECT -$ -$ -$ -$ 500,000$ 500,000$ EST. ENDING FUND BALANCE 200,000$ 300,000 $ 400,000 $ 400,000 $ - $ Ice Rink 7/10/2026 79 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Community Center-Warming House - $ - $ -$ -$ 500,000$ 500,000$ Total - $ - $ -$ -$ 500,000$ 500,000$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 100,000$ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000$ Total 100,000$ 100,000 $ 100,000 $ 100,000$ 100,000$ 500,000$ Budget Impact/Other Ice Rink Manager Facilities Financial Impact to budget of $500,000. 1 -Maintain/Public Want/Greater than 3 Years Expanded Service Expansion and renovation of the warming house for the ice rink. Expanded concessions and storage facility, social space. 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Ice RinkIce Rink Community Center-Warming House IR-27-01 7/10/2026 80 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 1,013,144$ 1,013,144$ 1,013,144$ 1,013,144$ 1,013,144$ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ -$ -$ -$ -$ -$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS -$ -$ -$ -$ -$ -$ GRANTS -$ -$ -$ -$ -$ -$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE 585,000$ 50,000$ 50,000$ 72,500$ 180,000$ 937,500$ TOTAL SOURCES 585,000$ 50,000$ 50,000$ 72,500$ 180,000$ 937,500$ TOTAL AVAILABLE FUNDS 1,598,144$ 1,063,144 $ 1,063,144 $ 1,085,644 $ 1,193,144 $ USES BY CATEGORY Water 585,000$ 50,000 $ 50,000 $ 72,500 $ 180,000 $ 937,500 $ TOTAL USES BY CATEGORY 585,000$ 50,000 $ 50,000 $ 72,500 $ 180,000 $ 937,500 $ EST. ENDING FUND BALANCE 1,013,144$ 1,013,144 $ 1,013,144 $ 1,013,144 $ 1,013,144 $ 7/10/2026 81 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 1,013,144$ 1,013,144 $ 1,013,144 $ 1,013,144 $ 1,013,144 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ - $ - $ - $ - $ - $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE 585,000$ 50,000 $ 50,000 $ 72,500 $ 180,000 $ 937,500 $ TOTAL SOURCES 585,000$ 50,000 $ 50,000 $ 72,500 $ 180,000 $ 937,500 $ TOTAL AVAILABLE FUNDS 1,598,144$ 1,063,144 $ 1,063,144 $ 1,085,644 $ 1,193,144 $ USES BY PROGRAM/PROJECT PROGRAM/PROJECT #: Annual Meter Replacement WATER-27-01 50,000$ 50,000$ 50,000$ 50,000$ 50,000$ 250,000$ Well No. 3 Rebuild/ Inspection WATER-27-02 30,000$ -$ -$ -$ -$ 30,000$ Booster Pump Replacement WATER-27-03 75,000$ -$ -$ -$ -$ 75,000$ PRV Installation WATER-27-04 150,000$ -$ -$ -$ -$ 150,000$ HWY 57 Water Extension WATER-27-05 280,000$ -$ -$ -$ -$ 280,000$ 2020 Truck Replacement WATER-30-01 -$ -$ -$ 22,500$ -$ 22,500$ Water Tower Painting WATER-31-01 -$ -$ -$ -$ 130,000$ 130,000$ TOTAL USES BY PROJECT 585,000$ 50,000 $ 50,000 $ 72,500 $ 180,000 $ 937,500 $ EST. ENDING FUND BALANCE 1,013,144$ 1,013,144 $ 1,013,144 $ 1,013,144 $ 1,013,144 $ Water 7/10/2026 82 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Annual Meter Replacement 50,000$ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 250,000$ Total 50,000$ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 250,000 $ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 50,000$ 50,000$ 50,000$ 50,000$ 50,000$ 250,000$ Total 50,000$ 50,000$ 50,000$ 50,000$ 50,000$ 250,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Water Water Annual Meter Replacement Utility Director WATER-27-01 Equipment Financial Impact to water fund of $50,000. Funding from operating funds, annually. 5 -Mandated/Mission Driven/Immediate Need Scheduled Replacement Meter replacement per schedule and new meters for expanded services. New meters for planned developments and to replace worn or broken meters. Capitalized, despite individual costs and pieces being less than $5000. Meter replacement due to age, disrepair, and new meters for new builds.10 year replacement cycle on all 3/4" meters. Also in the process of upgrading transmitters to cellular capabilities as part of the 10 year meter replacement cycle. 7/10/2026 83 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Well No. 3 Rebuild/ Inspection 30,000 $ - $ - $ -$ -$ 30,000$ Total 30,000 $ - $ - $ -$ -$ 30,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 30,000 $ - $ - $ -$ -$ 30,000$ Total 30,000 $ - $ - $ -$ -$ 30,000$ Budget Impact/Other Financial impact to budget - $30,000 in 610-61500-369-602. Replacement funds will be moved to operating funds to cover the cost of the rebuild. Funds will be spent in either 2026 or 2027, depending on project coordination with contractor. 3 -Preventive Need/Public Benefit/1-2 Years Scheduled Replacement Part of the DNR's required maintenance schedule is to rebuild wells every 10 years. Last completed in 2015. Maintenance item. Planned and budgetedfor 2026 but based on potential contractor scheduling timeframe, carrying forward to 2027 in case project contractor cannot schedule/coordinate work before the end of 2026. Part of regular maintenance schedule. Well No. 3 works harder than the other two wells which will likely result in more cost for replacements of impellors, screen, motor repair, etc. Well 3 has never been chemically rehabilitated, recommend chemical rehabiliation if there is significant biofilm buildup. Cost of potential chemical treatment included. Well No. 3 Rebuild/ Inspection Utility Director WATER-27-02 Equipment 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Water Water 7/10/2026 84 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Booster Pump Replacement 75,000$ 75,000$ Total 75,000$ - $ - $ - $ - $ 75,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 75,000$ 75,000$ Total 75,000$ -$ -$ -$ -$ 75,000$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Water Water Booster Pump Replacement Me gan Barnes WATER-27-03 Equipment Financial impact of $0. Funding from water replacement funds - $75,000 1 -Maintain/Public Want/Greater than 3 Years Replace Worn Out Equipment Replace booster pumps at Well 2 with two Gould's 20 hp e-SV Multistage pumps . Booster pumps are original and have never been replaced. Current motors have a history of operational problems. Moving from 2026 to 2027. 85 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total PRV Installation 150,000$ 150,000$ Total 150,000$ - $ - $ - $ - $ 150,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 150,000$ 150,000$ Total 150,000$ - $ -$ -$ -$ 150,000$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Water Water PRV Installation Megan Barnes WATER-27-04 Equipment New infrastracture cost cannot come out from replacement funds-capital contribution. 3 -Preventive Need/Public Benefit/1-2 Years New Program/Service A new PRV needs to be installed to reduce high water distribution system pressures on Little Sister Road. A new PRV should be installed on S Bayshore to regulate pressures on that side of the system. Moving project out from 2026 to 2027. Location/engineering for install still needs to be completed and identified. Reduce pressure 86 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total HWY 57 Water Extension 280,000$ - $ 280,000$ Total 280,000$ - $ -$ -$ -$ 280,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 280,000$ - $ 280,000$ Total 280,000$ - $ -$ -$ -$ 280,000$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION Water Water HWY 57 Water Extension Me gan Barnes WATER-27-05 Equipment New infrastracture cost cannot come out from replacement funds-capital contribution. OPC for erosion control, restoration split between Water and Collection ($226,300 estimated total, Water side to fund $113,150). Water pipe and appertuences estimate is $155,700. Total estimated cost to water fund would total $268,850. 1 -Maintain/Public Want/Greater than 3 Years Expanded Service Extend water service to the Deviley property. Extend water main as well as service laterals to the Deviley property, and the patio property and continue extension to Northwoods Dr by the Veterinary Clinic. Public desire/infrastructure install desired prior to HWY 57 trail install. 87 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2020 Truck Replacement -$ - $ 22,500 $ 22,500$ Total -$ - $ - $ 22,500$ - $ 22,500$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ 22,500$ 22,500$ Total -$ -$ -$ 22,500$ -$ 22,500$ Budget Impact/Other Financial impact to budget of $0. Remaining source of funds from water replacement funds - $22,500. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Replace the 2020 Chevy Silverado with a similar truck, must be set up for meter reading. Trade in 2020 truck or sell and use funds to offset purchase price. Scheduled Replacement 2020 Truck Replacement Megan Barnes WATER-30-01 Vehicle 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Water Water 7/10/2026 88 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Water Tower Painting -$ - $ - $ - $ 130,000$ 130,000$ Total -$ - $ - $ - $ 130,000$ 130,000 $ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ -$ 130,000$ 130,000$ Total -$ -$ -$ -$ 130,000$ 130,000$ Budget Impact/Other Financial impact to budget - $130,000 in 610-61500-366-000. Replacement funds will be moved to operating funds to cover the cost of the repainting. 3 -Preventive Need/Public Benefit/1-2 Years Scheduled Replacement Scheduled maintenance item. Jungwirth Ct Water Tower. Part of regular maintenance schedule. Water Tower Painting Megan Barnes WATER-31-01 Equipment 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Water Water 7/10/2026 89 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING REPL FUND BALANCE 2,390,868$ 2,390,868 $ 2,390,868 $ 2,390,868 $ 2,390,868 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ - $ 9,367,600$ - $ - $ 9,367,600$ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ 8,900,000$ - $ - $ 8,900,000$ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE 12,000$ 10,000 $ 2,408,900$ 67,000 $ 72,000 $ 2,569,900$ TOTAL SOURCES 12,000$ 10,000 $ 20,676,500$ 67,000 $ 72,000 $ 20,837,500$ TOTAL AVAILABLE FUNDS 2,402,868$ 2,400,868 $ 23,067,368 $ 2,457,868 $ 2,462,868 $ USES BY CATEGORY WWTP 12,000$ 10,000$ 20,676,500$ 67,000$ 72,000$ 20,837,500$ TOTAL USES BY CATEGORY 12,000$ 10,000 $ 20,676,500$ 67,000 $ 72,000 $ 20,837,500$ EST. ENDING FUND BALANCE 2,390,868$ 2,390,868 $ 2,390,868 $ 2,390,868 $ 2,390,868 $ 7/10/2026 90 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING REPL FUND BALANCE 2,390,868$ 2,390,868 $ 2,390,868 $ 2,390,868 $ 2,390,868 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ -$ 9,367,600$ -$ -$ 9,367,600$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS -$ -$ -$ -$ -$ -$ GRANTS -$ -$ 8,900,000$ -$ -$ 8,900,000$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE 12,000$ 10,000$ 2,408,900$ 67,000$ 72,000$ 2,569,900$ TOTAL SOURCES 12,000$ 10,000$ 20,676,500$ 67,000$ 72,000$ 20,837,500$ TOTAL AVAILABLE FUNDS 2,402,868$ 2,400,868 $ 23,067,368 $ 2,457,868 $ 2,462,868 $ USES BY PROGRAM/PROJECT BOD Incubator 12,000$ - $ - $ - $ - $ 12,000$ UV Light Replacement -$ 10,000$ -$ 10,000$ -$ 20,000$ Tuttnauer- Digital Autoclave Model #2340M -$ -$ -$ 12,000$ -$ 12,000$ Aeration-Flow Equal Tank -$ -$ 295,400$ -$ -$ 295,400$ Aeration-Oxidation Ditch -$ -$ 2,113,500$ -$ -$ 2,113,500$ Clarifier Cover -$ -$ 296,800$ -$ -$ 296,800$ WAS Pump 2 -$ -$ 170,800$ -$ -$ 170,800$ Sludge System (Dryer or Reed Beds) -$ -$ 17,800,000$ -$ -$ 17,800,000$ 2020 Truck Replacement -$ -$ -$ 45,000$ -$ 45,000$ Lakeside Screen Grit -$ -$ -$ -$ 60,000$ 60,000$ Rosemount 8750WA Magnetic Flowmeter from -$ -$ -$ -$ 12,000$ 12,000$ -$ TOTAL USES BY PROJECT 12,000$ 10,000$ 20,676,500$ 67,000$ 72,000$ 20,837,500$ EST. ENDING FUND BALANCE 2,390,868$ 2,390,868 $ 2,390,868 $ 2,390,868 $ 2,390,868 $ WWTP 7/10/2026 91 Category: Program/Project Name: Program/Project #: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total BOD Incubator 12,000$ -$ -$ -$ -$ 12,000$ Total 12,000$ -$ -$ -$ -$ 12,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 12,000$ -$ -$ -$ -$ 12,000$ Total 12,000$ -$ -$ -$ -$ 12,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP BOD Incubator Megan Barnes WWTP1-2027 Equipment Financial impact to budget of $0. Remaining source of funds from wastewater replacement funds - $12,000. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Replace Thermo Scientific Precision Incubator purchased in 2017 Scheduled replacement - 10 year life 7/10/2026 92 Category: Department: Department: Program/Project Name: Contact: Contact: Program/Project #: Type: Type: Useful Life: Useful Life: Priority: Priority: Purpose: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total UV Light Replacement - $ 10,000 $ - $ 10,000$ -$ 20,000$ Total - $ 10,000 $ - $ 10,000$ -$ 20,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source - $ 10,000 $ - $ 10,000$ -$ 20,000$ Total - $ 10,000 $ - $ 10,000$ -$ 20,000$ Budget Impact/Other 2 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP UV Light Replacement Megan Barnes WWTP2-2026-2032 Equipment Financial impact to budget of $0. Funds from WWTP replacement funds - $10,000 every two years. 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment Purchase 25 new lights for the UV disinfection system (24 bulbs for the system and 1 spare). Each bulb costs $400. Lights should be replaced around every 2 years, when the maximum lamp hours have been exceeded. 93 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Tuttnauer- Digital Autoclave Model #2340M -$ -$ -$ 12,000$ -$ 12,000$ Total -$ -$ -$ 12,000$ -$ 12,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ 12,000$ -$ 12,000$ Total -$ -$ -$ 12,000$ -$ 12,000$ Budget Impact/Other 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP Tuttnauer- Digital Autoclave Model #2340 Megan Barnes WWTP3-2030 Equipment Financial impact to budget of $0. Remaining source of funds from water replacement funds - $12,000. 2 -Improvement Benefit/Desired Want/2-3 Years Scheduled Replacement Replacement of Tuttnauer-Digital Autoclave. Scheduled Replacement 7/10/2026 94 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Aeration-Flow Equal Tank 295,400$ 295,400$ Total -$ - $ 295,400$ -$ -$ 295,400$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 295,400$ 295,400$ Total -$ -$ 295,400$ -$ -$ 295,400$ Budget Impact/Other ASK: Can replacement funds be used for this if the current aeration system will be replaced? Different system but still same function of aeration. If so, financial impact to budget $0-replacement funds. 2 -Improvement Benefit/Desired Want/2-3 Years New Program/Service Mixing system for flow equalization tank. System includes six nozzles on two headers mounted on the floor of the tank. The nopzzles utilize air from a compressor to generate large bubbles that travel from the floor of the tank to the surface. The nozzles induce a bottom-up mixing pattern in the tank. Additional mixing system needed to properly aerate flow equalization tank. Current aeration system sites roughly 10 ft above the lowest point of the floor in the tank. This leaves a si gnificant volume that is not aerated or mixed, expecially when the tank is drawn down below the diffusers. This system could be mounted to the floor of the tank, allowing constant aeration if the tank is being utilized. Aeration-Flow Equal Tank Megan Barnes WWTP4-2029 Equipment 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTICATION WWTP WWTP 95 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Aeration-Oxidation Ditch 2,113,500$ 2,113,500$ Total -$ -$ 2,113,500$ - $ -$ 2,113,500$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 2,113,500$ 2,113,500$ Total -$ -$ 2,113,500$ - $ -$ 2,113,500$ Budget Impact/Other ASK: Can replacement funds be used for this if the current aeration system will be replaced? Different system but still same function of aeration. If so, financial impact to budget $0-replacement funds. 2 -Improvement Benefit/Desired Want/2-3 Years Improve Policies/Procedures Fine bubble diffuser system with submersible mixers to improve mixing and aeration in oxidation ditch. Improve mixing and aeration in the oxidation ditch. Have had a lot of problems with the current aerators shaft/motor/bearings. Aeration-Oxidation Ditch Me gan Barnes WWTP5-2029 Equipment 20 Years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 96 Category:D epartment: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Clarifier Cover 296,800$ 296,800$ Total -$ -$ 296,800$ - $ -$ 296,800$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 296,800$ 296,800$ Total -$ - $ 296,800$ - $ - $ 296,800$ Budget Impact/Other New addition-capital improvement 2 -Improvement Benefit/Desired Want/2-3 Years Improve Policies/Procedures East clarifier does not currently have a cover. In the future, a cover would allow us to utilize the second clarifier in the winter months. Allow us to utilize the second clarifier in the winter. Cover will be need to keep the tank from freezing. Would also be helpful in the summer to reduce algae growth in the tank. Clarifier Cover Me gan Barnes WWTP6-2029 Equipment-Structure 20 Years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 97 Category:D epartment: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total WAS Pump 2 170,800$ 170,800$ Total -$ - $ 170,800$ - $ - $ 170,800$ Funding Sources 2027 2028 2029 2030 2031 Total Capital Projects Levy 170,800$ 170,800$ Total -$ - $ 170,800$ - $ - $ 170,800$ Budget Impact/Other New addition-capital improvement 2 -Improvement Benefit/Desired Want/2-3 Years Expanded Service Add second WAS pump with all necessary piping to allow us to pull WAS off of both clarifiers at the same time (currently can only utilize 1 clarifier and 1 WAS pump) Would allow us to have both clarifiers online during the summer to slow flow/settling down during those high flow "peak" times. WAS Pump 2 Megan Barnes WWTP7-2029 Equipment 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 98 Category: Department: Department: Department: Program/Project Name: Contact: Contact: Contact: Program/Project #: Type: Type: Type: Useful Life: Useful Life: Useful Life: Priority: Priority: Priority: Purpose: Purpose: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 2032 Total Sludge System (Dryer or Reed Beds) -$ -$ 17,800,000$ -$ -$ 17,800,000$ Total -$ -$ 17,800,000$ -$ -$ -$ 17,800,000$ Funding Sources 2027 2028 2029 2030 2031 2032 Total Grants -$ -$ 8,900,000$ -$ -$ -$ 8,900,000$ Capital Projects Levy -$ -$ 8,900,000$ -$ -$ -$ 8,900,000$ Total -$ -$ 8,900,000$ -$ -$ -$ 8,900,000$ Budget Impact/Other Financial impact to budget of $8,900,000 from capital improvement for the dryer system, $8,900,000 in grant funds from DNR or USDA. If not funded in part by grants, project may be pushed back or alternative funding will be addressed. Reed bed system would cost roughly $4,334,100. Option still needs to be selected so largest expense is currently planned until that selection is completed. 2 -Improvement Benefit/Desired Want/2-3 Years New Program/Service A sludge dryer system would make our sludge into class A biosolids. They have the ability to turn sludge into 90% solids, and significantly decrease the needed storage space of the sludge, it also means we have less volume to dispose of. The product would become dry biosolids that could be transported to a landfill for disposal. McMahon completed a Feasibility Study in which three options were identified for sludge disposal (Class A Biosolids, Reed Beds, Contractual Agreement with Sturgeon Bay Utilities). At this time, the largest expense is being budgeted for. The dryer system opinion of probable cost was $17,800,000. Reed Beds cost including the other northern Door County WWTP facilities sludge loadings would be $4,334,100. Option needs to be selected. Currently we are hauling all of our sludge to NEW Water for further treatment and disposal. This is expensive and also not always a dependable way to dispose of sludge. We are relying on when another facility room for the sludge and not when we need to get rid of it. In 2025 and 2026, we had to haul to NEW Water due to an upgrade at the Sturgeon Bay WWTP. NEW Water made it very clear that the approval is temporary, not indefinite. SBUs upgrade has been delayed so the future of Sister Bays sludge disposal is unknown. Another facility may have to be secured if NEW Water cuts us off. With EPA & DNR PFAs regulations that are starting to be discussed and implemented for regulating PFAs concentrations in land applied sludge, the Village needs to secure a feasible and cost effective option for sludge disposal, as well as getting ahead of the incoming PFAs restrictions. Sludge System (Dryer or Reed Beds) Megan Barnes WWTP8-2029 Equipment 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 7/10/2026 99 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2020 Truck Replacement -$ - $ - $ 45,000$ - $ 45,000$ Total -$ - $ - $ 45,000$ - $ 45,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ 45,000$ -$ 45,000$ Total -$ -$ -$ 45,000$ -$ 45,000$ Budget Impact/Other Financial impact to budget of $0. Remaining source of funds from water replacement funds - $45,000. 2 -Improvement Benefit/Desired Want/2-3 Years Scheduled Replacement Replace the 2020 Chevy Silverado 2500 with a truck of similar size. Amount below is for this fund's portion of the truck only. Total cost of the truck is $75,000. Trade in 2020 or sell and use funds to offset purchase price. Scheduled Replacement 2020 Truck Replacement Megan Barnes WWTP9-2030 Vehicle 10 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 7/10/2026 100 Category:D epartment: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Lakeside Screen Grit -$ -$ -$ -$ 60,000$ 60,000$ Total -$ -$ -$ -$ 60,000$ 60,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ -$ 60,000$ 60,000$ Total -$ -$ -$ -$ 60,000$ 60,000$ Budget Impact/Other 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP Lakeside Screen Grit Megan Barnes WWTP10-2031 E quipment Replacement funds 3 -Preventive Need/Public Benefit/1-2 Years Scheduled Replacement 101 Category:D epartment: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Rosemount 8750WA Magnetic Flowmeter -$ - $ - $ - $ 12,000$ 12,000$ Total -$ - $ - $ - $ 12,000$ 12,000 $ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ -$ 12,000$ 12,000$ Total -$ -$ -$ -$ 12,000$ 12,000$ Budget Impact/Other Replacement funds 3 -Preventive Need/Public Benefit/1-2 Years Scheduled Replacement Scheduled replacement of flow meter. Scheduled replacement Rosemount 8750WA Magnetic Flowmeter from E Megan Barnes WWTP11-2031 E quipment 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 WWTP WWTP 102 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 375,763$ 375,763 $ 375,763 $ 375,763 $ 369,763 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ - $ - $ - $ - $ - $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE 1,536,000$ 700,000 $ 22,000 $ 6,000 $ - $ 2,264,000$ TOTAL SOURCES 1,536,000$ 700,000 $ 22,000 $ 6,000 $ - $ 2,264,000$ TOTAL AVAILABLE FUNDS 1,911,763$ 1,075,763 $ 397,763 $ 381,763 $ 369,763 $ USES BY CATEGORY Collection 1,536,000 $ 700,000 $ 22,000 $ 6,000 $ - $ 2,264,000$ TOTAL USES BY CATEGORY 1,536,000$ 700,000 $ 22,000 $ 6,000 $ - $ 2,264,000$ EST. ENDING FUND BALANCE 375,763$ 375,763 $ 375,763 $ 375,763 $ 369,763 $ 7/10/2026 103 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 375,763$ 375,763 $ 375,763 $ 375,763 $ 369,763 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ - $ - $ - $ - $ - $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS -$ - $ - $ - $ - $ - $ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE 1,536,000$ 700,000 $ 22,000 $ 6,000 $ - $ 2,264,000$ TOTAL SOURCES 1,536,000$ 700,000 $ 2,264,000$ TOTAL AVAILABLE FUNDS 1,911,763$ 1,075,763 $ 397,763 $ 375,763 $ 369,763 $ USES BY PROGRAM/PROJECT Sanitary Sewer Camera CL-27-01 16,000 $ - $ - $ - $ - $ 16,000$ HWY 57 Sanitary Sewer Extension CL-27-02 1,500,000 $ - $ - $ - $ - $ 1,500,000$ Little Sister Lift Station Pumps CL-27-03 20,000 $ - $ - $ - $ - $ 20,000$ Fieldcrest Lift Station Upgrade CL-28-01 -$ 700,000$ -$ -$ -$ 700,000$ Submersible Sewer Pump CL-29-01 -$ -$ 22,000$ -$ -$ 22,000$ 2020 Truck Replacement CL-30-01 -$ -$ -$ 6,000$ -$ 6,000$ TOTAL USES BY PROJECT 1,536,000$ 700,000 $ 22,000$ 6,000$ -$ 2,264,000$ EST. ENDING FUND BALANCE 375,763$ 375,763 $ 375,763 $ 369,763 $ 369,763 $ Collection 7/10/2026 104 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Sanitary Sewer Camera 16,000 $ 16,000$ Total 16,000 $ - $ - $ -$ -$ 16,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 16,000 $ 16,000$ Total 16,000 $ - $ - $ -$ -$ 16,000$ Budget Impact/Other 10 Years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 Collection Collection Sanitary Sewer Camera Megan Barnes CL-27-01 Equipment Operating funds, new addition to tools. Capital improvement? 2 -Improvement Benefit/Desired Want/2-3 Years Improve Policies/Procedures small Ridgid See Snake sewer camera. Would be helpful to have a camera to find I/I issues during flow times, otherwise we have to rely on coordinating a contractor at those times, which they do not always have availability for those quick inspections. Would help us track down small issues or I/I during those high flow times (would help us find illicit storm sewer hook ups) in the sanitary sewer system faster without always having to call an outside contractor to televise something for us. 105 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total HWY 57 Sanitary Sewer Extension 1,500,000$ 1,500,000$ Total 1,500,000$ - $ - $ - $ - $ 1,500,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 1,500,000$ 1,500,000$ Total 1,500,000$ - $ -$ -$ -$ 1,500,000$ Budget Impact/Other Megan Barnes Equipment New infrastracture cost cannot come out from replacement funds-capital contribution. OPC for erosion control, restoration split between Water and Collection ($226,300 estimated total, Collection side to fund $113,150). Sanitary Sewer pipe and appertuences estimate is $275,050 (gravity sanitary sewer, forcemain, laterals, and manholes) Lift station also required as part of extension. Collection fund contribute $390,000 Two option/estimates for lift station: Option 1 Above grade pump moveable pump enclosure (moveable enclosure, can move down the line if another extension is completed on HWY 57 further south. Option 2: Above grade fixed building pump enclosure. Option 1 opinion of probable cost is $683,445. Option 2 opinion of probable cost is $1,104,345. Depending on lift station selection, project expense for Collection fund would be either $1,090,000 or $1,500,000. Plan for largest expense, but lift station option must be selected. 1 -Maintain/Public Want/Greater than 3 Years Expanded Service Extend sanitary sewer service to the Deviley property. Extend sanitary sewer main as well as service laterals to the Deviley property, and to the patio property and continue extension to Northwoods Dr by the Veterinary Clinic. Public desire/infrastructure install desired prior to HWY 57 trail install. 20 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 CollectionCollections HWY 57 Sanitary Sewer Extension CL-27-02 106 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Little Sister Lift Station Pumps 20,000$ - $ - $ - $ - $ 20,000$ Total 20,000$ - $ - $ - $ - $ 20,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 20,000$ -$ -$ -$ -$ 20,000$ Total 20,000$ -$ -$ -$ -$ 20,000$ Budget Impact/Other Megan Barnes Equipment Financial impact to budget of $0. Remaining source of funds from collection replacement funds - $20,000. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Smith and Loveless 4B3B 300GPM, 20hp pump. Two pumps for Lift Station and each cost $10,000 The pumps are about 25 years old and the normal life is about 15 years. There are two pumps but they are a different kind compared to the smaller submersible lift stations. 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 CollectionCollection Little Sister Lift Station Pumps CL-27-03 7/10/2026 107 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Fieldcrest Lift Station Upgrade -$ 700,000$ - $ - $ - $ 700,000$ Total -$ 700,000$ - $ - $ - $ 700,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ 700,000$ - $ -$ -$ 700,000$ Total -$ 700,000$ - $ -$ -$ 700,000$ Budget Impact/Other Utility Director Equipment ASK: if this can be from replacement since it’s a current lift, or since the setup would change is it a capital improvement? If so, Financial impact to budget of $0. Remaining source of funds from collection replacement funds - $700,000. 1 -Maintain/Public Want/Greater than 3 Years Improve Policies/Procedures Change out the lift station to a above grade pump enclosure, similar to the proposed lift station for the HWY 57 extension (waters end, sunny court, pheasant park, and admiral drive). Replace pumps and change pump housing/enclosure from the current vacuum pump setup This is one of our larger lift stations and the vaccum style lift has worked but the can style lift stations are hard to maintain, replace equipment. An above grade enclosure would work best in this application. 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 CollectionCollection Fieldcrest Lift Station Upgrade CL-28-01 7/10/2026 108 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Submersible Sewer Pump -$ - $ 22,000$ - $ - $ 22,000$ Total -$ - $ 22,000$ - $ - $ 22,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ 22,000$ -$ -$ 22,000$ Total -$ -$ 22,000$ -$ -$ 22,000$ Budget Impact/Other Utility Director Equipment Financial impact to budget of $0. Remaining source of funds from collection replacement funds - $22,000. 2 -Improvement Benefit/Desired Want/2-3 Years Scheduled Replacement Replacement of Goulds 4" submersible sewage pump (2 ea) WELS. Scheduled Replacement 10 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 CollectionCollection Submersible Sewer Pump CL-29-01 7/10/2026 109 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2020 Truck Replacement -$ - $ - $ 6,000$ - $ 6,000$ Total -$ - $ - $ 6,000$ - $ 6,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ -$ -$ 6,000$ -$ 6,000$ Total -$ -$ -$ 6,000$ -$ 6,000$ Budget Impact/Other Megan Holzem Vehicle Financial impact to budget of $0. Remaining source of funds from collection replacement funds - $6,000. 2 -Improvement Benefit/Desired Want/2-3 Years Scheduled Replacement Replace the 2020 Chevy Silverado 2500 with a truck of similar size. Amount below is for this fund's portion of the truck only. Total cost of the truck is $75,000. Trade in 2020 or sell and use funds to offset purchase price. Scheduled Replacement 10 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 CollectionCollection 2020 Truck Replacement CL-30-01 7/10/2026 110 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 SUMMARY OF FUNDS 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 742,562.00$ 742,562.00 $ 742,562.00 $ 742,562.00 $ 742,562.00 $ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ - $ - $ - $ - $ - $ GENERAL FUND LEVY -$ - $ - $ - $ - $ - $ BOND PROCEEDS 1,000,000.00$ - $ - $ - $ - $ 1,000,000.00$ GRANTS -$ - $ - $ - $ - $ - $ PREMIER RESORT AREA TAX -$ - $ - $ - $ - $ - $ OTHER SOURCE 570,000.00$ 9,500.00 $ - $ - $ - $ 579,500.00$ TOTAL SOURCES 1,570,000$ 9,500 $ - $ - $ - $ 1,579,500.00$ TOTAL AVAILABLE FUNDS 2,312,562$ 752,062 $ 742,562 $ 742,562 $ 742,562 $ USES BY CATEGORY 0 1,570,000.00 $ 9,500.00 $ - $ - $ - $ 1,579,500.00$ TOTAL USES BY CATEGORY 1,570,000.00$ 9,500.00 $ - $ - $ - $ 1,579,500.00$ EST. ENDING FUND BALANCE 742,562.00$ 742,562.00 $ 742,562.00 $ 742,562.00 $ 742,562.00 $ 7/10/2026 111 VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 2027 2028 2029 2030 2031 Total EST. BEGINNING FUND BALANCE 742,562$ 742,562$ 742,562$ 742,562$ 742,562$ FUNDING SOURCES CAPITAL PROJECTS LEVY -$ -$ -$ -$ -$ -$ GENERAL FUND LEVY -$ -$ -$ -$ -$ -$ BOND PROCEEDS 1,000,000$ - $ -$ -$ -$ 1,000,000$ GRANTS -$ -$ -$ -$ -$ -$ PREMIER RESORT AREA TAX -$ -$ -$ -$ -$ -$ OTHER SOURCE 570,000$ 9,500$ -$ -$ -$ 579,500$ TOTAL SOURCES 1,570,000$ 9,500 $ -$ -$ -$ 1,579,500$ TOTAL AVAILABLE FUNDS 2,312,562$ 752,062 $ 742,562 $ 742,562 $ 742,562 $ USES BY PROGRAM/PROJECT Marina Building Reconstruction MARINA-27-01 1,260,000$ - $ -$ -$ -$ 1,260,000$ Boardwalk/E Dock MARINA-27-02 250,000$ -$ -$ -$ -$ 250,000$ Vendor Tables MARINA-27-03 10,000$ -$ -$ -$ -$ 10,000$ Launch Ramp Piers MARINA-27-04 50,000$ -$ -$ -$ -$ 50,000$ 2008 Club Car Carryall Replacement MARINA-28-01 -$ 9,500$ -$ -$ -$ 9,500$ B Dock Finger Piers MARINA-31-01 -$ -$ -$ -$ -$ -$ TOTAL USES BY PROJECT 1,570,000$ 9,500 $ -$ -$ -$ 1,579,500$ EST. ENDING FUND BALANCE 742,562$ 742,562 $ 742,562 $ 742,562 $ 742,562 $ Marina 7/10/2026 112 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Marina Building Reconstruction 1,260,000$ - $ -$ -$ -$ 1, 260,000$ Total 1,260,000$ - $ -$ -$ -$ 1,260,000$ Funding Sources 2027 2028 2029 2030 2031 Total Bond Proceeds 1,000,000$ - $ -$ -$ -$ 1, 000,000$ Other Source 260,000$ -$ -$ -$ -$ 260, 000$ Total 1,000,000$ - $ -$ -$ -$ 1,000,000$ Budget Impact/Other 40 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 MarinaMarina Marina Building Reconstruction MARINA-27-01 Dave Lienau Marina General obligation bonds totaling $1,000,000 supported with revenues of the marina but backed by the financing of the Village for the remodel. $100,000 for temporary office space during construction. $100,000 for demolition. $60,000 to repave the parking lot after construction. 2 -Improvement Benefit/Desired Want/2-3 Years New Program/Service Remodel of the marina office to include improved boaters lounge, restrooms, marina office and office space, employee only area.. Need a work room or shop to perform repairs. Improved laundry space. Lounge is inadequate in comparison to other marinas. Restrooms would be expanded. Marina office space and private office space is not currently available. Better electrical, plumbing and IT. No current employee area for breaks or meetings or anything. 7/10/2026 113 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Boardwalk/E Dock 250,000$ - $ - $ - $ - $ 250,000$ Total 250,000$ - $ - $ - $ - $ 500,000$ Fundin g Sources 2027 2028 2029 2030 2031 Total Other Source 250,000$ - $ -$ -$ -$ 250,000$ Total 250,000$ - $ -$ -$ -$ 500,000$ Budget Impact/Other Financial Impact to budget of $0. Remaining source of funds for $250,000 from Marina reserve funds/capital funds. 5 -Mandated/Mission Driven/Immediate Need Replace Worn Out Equipment Boardwalk was created in 2011 and is primarily a wooden boardwalk. Repair or replace the boardwalk. Working on solutions for replacement. Cost estimate below is a placeholder based on a prior estimate for repair. Current tentative plans are for steel sheeting/steel base with a concrete top. The boards are rapidly deteriorating. Work is being done by staff to prolong use of current boardwalk but the boards are in such bad shape that they cannot be screwed into. Deteriorating faster than we thought. People walking over have been able to put a foot through the boards. Marina Manager Marina Marina Boardwalk/E Dock MARINA-27-02 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 Marina 7/10/2026 114 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Vendor Tables 10,000$ - $ - $ - $ - $ 10,000$ Total 10,000$ - $ - $ - $ - $ 10,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 10,000$ -$ -$ -$ -$ 10,000$ Total 10,000$ -$ -$ -$ -$ 10,000$ Budget Impact/Other Financial impact to budget of $0. Planed to be paid by Marina's reserves. 2 -Improvement Benefit/Desired Want/2-3 Years New Program/Service Addition of Vendor Tables. Vendor Tables Marina Manager MARINA-27-03 Marina 40 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 Marina Marina 7/10/2026 115 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total Launch Ramp Piers 50,000$ - $ - $ - $ - $ 50,000$ Total 50,000$ - $ - $ - $ - $ 50,000$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source 50,000$ -$ -$ -$ -$ 50,000$ Total 50,000$ -$ -$ -$ -$ 50,000$ Budget Impact/Other Financial Impact to budget of $0. Remaining source of funds for $50,000 from Marina reserve funds. 3 -Preventive Need/Public Benefit/1-2 Years Scheduled Replacement Launch ramp dock is made of 3 piers. Center pier and the two on the sides. Also realign south dock that also serves as C46 to allow for more space between end of dock and the C dock next to it. Purchase new and install. Condition of the piers is deteriorating. Floatation material under the docks is eroding. Surface is also in rough shape. Sheeting is failing which is causing water to get in and ruin the floatation material. Dave Lienau Marina Marina Launch Ramp Piers MARINA-27-04 15 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 Marina 7/10/2026 116 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2030 2031 Total 2008 Club Car Carryall Replacement -$ 9,500$ - $ - $ - $ 9,500$ Total -$ 9,500$ - $ - $ - $ 9,500$ Funding Sources 2027 2028 2029 2030 2031 Total Other Source -$ 9,500$ -$ -$ -$ 9,500$ Total -$ 9,500$ -$ -$ -$ 9,500$ Budget Impact/Other Financial Impact to budget of $0. Remaining source of funds for $9,500 from Marina reserve funds. 1 -Maintain/Public Want/Greater than 3 Years Scheduled Replacement Replace the 2008 Club Car Carryall with similar equipment Scheduled replacement Marina Manager Marina 2008 Club Car Carryall Replacement MARINA-28-01 Marina 15 years VILLAGE OF SISTER BA Y CAPITAL IMPROVEMENT PLAN 2027-2031 Marina 7/10/2026 117 Category: Department: Program/Project Name: Contact: Program/Project #: Type: Useful Life: Note: Program/Project Name and # Referenced on Category Sheet. Priority: Purpose: Description Justification Expenditures (Uses) 2027 2028 2029 2031 Total B Dock Finger Piers -$ -$ -$ -$ -$ Total -$ -$ -$ -$ -$ Funding Sources 2027 2028 2029 2031 Total Other Source -$ -$ -$ -$ -$ Total -$ -$ -$ -$ -$ Budget Impact/Othe r Financial Impact to budget of $8,000. The project would be included in dock maintenance in the budget and paid for with revenues from the marina. 3 -Preventive Need/Public Benefit/1-2 Years Replace Worn Out Equipment Replace decking on finger piers. Replace rub rails. Flip finger piers over and remove metal sheeting. Remove all foam. Install new floatation devices and fix structure to stiffen piers. Work can be done by existing staff during the off season. Will be a maintenance item in the expense budget. Existing piers are deteriorating but are not as bad as C dock. Stability of piers is deteriorating. Sheet metal under piers is peeling away because screws/nails have rusted away. Foam floatation is deteriorating. Decking is worn. Rub rails are worn. B Dock Finger Piers Marina Manager MARINA-31-01 Equipment 20 years VILLAGE OF SISTER BAY CAPITAL IMPROVEMENT PLAN 2027-2031 PROJECT OR PROGRAM / DESCRIPTION & JUSTIFICATION Marina Marina 7/10/2026 118