HomeMy WebLinkAboutMN Annual Published Street Report FY25CITY OF REXBURG
Annual Road and Street Financial Report
For the Fiscal Year Ending 9/30/2025
Beginning Balance 10/1/2024 7,167,244
RECEIPTS
Local Funding Sources:
Property tax levy (for roads, street and bridges)-County Passthrough 379,189
Sale of Assets 462,969
Interest Income 80,845
Local Impact Fees 326,528
All other Local sources 7,545,005
Total Local Funding 8,794,536
State Funding Sources:
Highway User Revenue including HB 362 and 365 3,241,031
Other State Receipts 0
Federal Funding Sources:
Federal-aid Bridge 369,629
All Other Federal Funding 2,531
Total Receipts 12,407,727
DISBURSEMENTS
New Construction:
Roads 4,477,258
Bridges, culverts and storm drainage 333,859
RR Crossing 0
Other (signs, signals or traffic control)111,066
Reconstruction/Replacement/Rehabilitation:
Roads (rebuilt, realign, or overlay upgrade)242,185
Bridges, culverts and storm drainage 0
Routine Maintenance:
Chip sealing or seal coating 352,492
Patching 346,867
Winter Maintenance 227,216
Other Gen. Maint.(signs, signals or traffic control)1,176,445
Equipment:
New equipment purchase 1,297,418
Equipment maintenance 336,611
Other-Building Purchase 0
Administration:520,437
Other:
Right-of-way and Property purchases 0
Street Lighting 86,733
Professional services - engineering 414,378
Total Disbursements 9,922,965
Receipts over disbursements 2,484,762
Closing Balance 9/30/2025 9,652,006
Funds Obligated for Future Projects 9,652,006
Ending Balance 9/30/2025 0
REPORTING MEASURES
Total Lane Miles Constructed 3.23
Total Square Feet of Bridge Deck Const.0.00
Total Lane Miles Rebuilt 2.09
Total lane miles chip sealed or seal coated 8.40
Total lane miles graded or bladed 2.92
FUTURE PROJECTS/RESERVE DESCRIPTIONS Year Amount
2026 3,300,000
2027 2,490,000
2028 2,555,000
2029 2,465,000
2030 2,800,000
Funds Obligated for Future Projects 13,610,000
Deferred maintenance costs over the last 5 years 13,610,000
Road Reconstruct LID: 4th W from 2nd S to 6th S, 7th S from Hwy 20 to 2400
W, and Birch Ave
Road Reconstruct LID: Trejo from Yellowstone to Mariah, 4th W from Main to
wnd S and 1st N 2nd N, 2nd W from 4th S to 7th S, 2nd E at 2nd S, and Ashe
Avenue from Main to Maple
Road Reconstruct LID: 1st N from 2nd W to 2nd E, 3rd E from Main to 2nd N,
Dell Drive from N Hill Rd to Dell Dr, Millhollow Rd from 2nd S to Hospital, and
1st S from Center to 1st E
Road Reconstruct LID: 4th N from Eagle to 3rd W, 5th S from 5th W to 3rd W,
University Blvd from 5th West to remainder and 12th W to end, 3rd S from 3rd
E to 4th E, and 4th E from 5th S to 7th S
Road Reconstruct LID: 12th W CRABS-HWY 33 to PineBrook Subdivision,
7th N from Stonebridge St to 9th E, S. Millhollow from Wheatland Dr to 7th S