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Division of School Finance
400 NE Stinson Blvd
Minneapolis, MN 55413
Long-Term Facility Maintenance Ten-Year Expenditure Application (LTFM) - Fund 01 and Fund 06 Projects OnlyED - 02478-12
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Instructions: Enter estimated, allowable LTFM expenditures (Fund 01 and/or Fund 06 only) under Minnesota Statutes 2025, section 123B.595, subd. 10. Enter by Uniform Financial and Accounting Reporting Standards (UFARS) finance code and by fiscal year in the cells provided.
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District Info.(REQUIRED) Enter InformationDistrict Info.(REQUIRED) Enter Informationno datano datano datano datano datano datano datano data
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District Name: Shakopee Public SchoolDate:6/23/2026no datano datano datano datano datano datano datano data
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District Number:720-01Email:ddraskovich@shakopee.k12.mn.usno datano datano datano datano datano datano datano data
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District Contact Name:David Draskovich, Director of Finance and Operationsno datano datano datano datano datano datano datano datano datano datano data
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Contact Phone #(952) 496-5011no datano datano datano datano datano datano datano datano datano datano data
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Expenditure CategoriesFiscal Year (FY) Ending June 30
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2026 (base year)
2027 2028 2029 2030 2031 2032 2033 2034 2035 2036
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Health and Safety - this section excludes project costs in Category 2 of $100,000 or more for which additional revenue is requested for Finance Codes 358, 363 and 366.no datano datano datano datano datano datano datano datano datano datano data
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Finance CodeCategory (1)20252026202720282029203020312032203320342035
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347Physical Hazards$31,677$0$0$0$0$0$0$0$0$0$0
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349Other Hazardous Materials$5,736$0$0$0$0$0$0$0$0$0$0
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352Environmental Health and Safety Management$61,813$11,700$11,700$11,700$11,700$11,700$11,700$11,700$11,700$11,700$11,700
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358Asbestos Removal and Encapsulation$21,207$0$0$0$0$0$0$0$0$0$0
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363Fire Safety$126,780$140,000$140,000$140,000$140,000$140,000$140,000$140,000$140,000$140,000$140,000
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366Indoor Air Quality$6,800$0$0$0$0$0$0$0$0$0$0
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allTotal Health and Safety Capital Projects - Category (1)$254,013$151,700$151,700$151,700$151,700$151,700$151,700$151,700$151,700$151,700$151,700
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Health and Safety - Projects Costing $100,000 or more per Project/Site/Year - Additional Revenueno datano datano datano datano datano datano datano datano datano datano data
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Finance CodeCategory (2)20252026202720282029203020312032203320342035
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358Asbestos Removal and Encapsulation$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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363Fire Safety$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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366Indoor Air Quality$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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all
Total Health and Safety Capital Projects $100,000 or More - Category (2)
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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Remodeling for Approved Voluntary Pre-K under Minnesota Statutes, section 124D.151no datano datano datano datano datano datano data
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Finance CodeCategory 3 (a)20252026202720282029203020312032203320342035
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355Remodeling for prekindergarten (Pre-K) instruction approved by the commissioner. $0$0$0$0$0$0$0$0$0$0$0
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no data
Total Remodeling for Approved Voluntary Pre-K Projects - Category 3(a)
$0$0$0$0$0$0$0$0$0$0$0
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Remodeling for Gender-Neutral Single-User Restroomsno datano datano datano datano datano datano datano datano data
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Finance/Course Codes
Category 3 (b) LTFM REVENUE EFFECTIVE FY 2025 and Beyond 20252026202720282029203020312032203320342035
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Finance Code 384 and Course Code 684 MUST USE BOTHRemodeling for gender-neutral single user restroom per site.$0$0$0$0$0$0$0$0$0$0$0
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Total Remodeling for Gender-Neutral Single User Projects - Category 3(b)
$0$0$0$0$0$0$0$0$0$0$0
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Accessibilityno datano datano datano datano datano datano datano datano datano datano data
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Finance CodeCategory (4)20252026202720282029203020312032203320342035
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367Accessibility$0 $0 $50,000 $0 $0 $100,000 $100,000 $0 $0 $0 $0
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no dataTotal Accessibility Projects - Category (4)$0 $0 $50,000 $0 $0 $100,000 $100,000 $0 $0 $0 $0
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Deferred Capital Expenditures and Maintenance Projectsno datano datano datano datano datano datano datano datano datano datano data
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Finance CodeCategory (5)20252026202720282029203020312032203320342035
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368Building Envelope$0$0$0 $0 $25,500 $0 $913,000 $813,000 $613,000 $913,000 $0
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369Building Hardware and Equipment$0$0$0 $0 $427,500 $92,000 $0 $0 $0 $0 $0
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370Electrical$719,639$0$0 $0 $0 $0 $0 $0 $0 $0 $0
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379Interior Surfaces$0$957,000$1,200,000 $1,250,000 $352,500 $61,500 $61,500 $61,500 $61,500 $61,500 $932,000
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380Mechanical Systems$97,132$1,328,336$648,000 $61,500 $387,000 $1,001,000 $241,000 $441,000 $641,000 $341,000 $261,500
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381Plumbing$0$0$0 $0 $35,000 $0 $0 $0 $0 $0 $0
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382Professional Services and Salary$0$239,250$87,000 $87,000 $87,000 $87,000 $87,000 $87,000 $87,000 $87,000 $87,000
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383Roof Systems (normally below $100,000 unless the school chooses not to receive additional revenue for $100K or more roofing project/site/year - pending 2025 Legislation)$0$0$0 $0 $0 $0 $0 $0 $0 $0 $0
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384Site Projects$51,630$0$0 $0 $72,500 $0 $0 $0 $0 $0 $72,500
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no data
Total Deferred Capital Expenditures and Maintenance Projects - Category (5)
$868,401$2,524,586$1,935,000$1,398,500$1,387,000$1,241,500$1,302,500$1,402,500$1,402,500$1,402,500$1,353,000
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Deferred Capital Expenditures for Roofing Projects - Additional Revenue for $100,000 or more project/site/yearno dataEFFECTIVE FY 2027no datano datano datano datano datano datano datano datano data
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Finance CodeCategory (6)202520282029203020312032203320342035
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383Roofing Systems - Additional Revenue$2,052,000 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no data $0$2,052,000$0$0$0$0$0$0$0$0$0
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Total Annual 10-Year Plan Expenditures$1,122,414$4,728,286$2,136,700$1,550,200$1,538,700$1,493,200$1,554,200$1,554,200$1,554,200$1,554,200$1,504,700
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Fund Balance Section20252026202720282029203020312032203320342035
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no dataFund 01FY 26 and 27 Revenue Projection Model RevenueFY 28 Revenue Projection Ten-Year Spreadsheet
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no dataBeginning Fund Balance 01-467-XX$2,662,299$2,375,799$2,413,464$2,216,522$2,108,073$2,098,348$2,219,214$2,447,667$2,759,259$3,070,850$3,458,449
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no dataLTFM Fiscal Year Revenue - Levy $539,324$1,432,788$1,401,235$1,489,728$1,576,952$1,296,053$1,444,959$1,529,301$1,529,301$1,603,935$2,382,107
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no dataLTFM Fiscal Year Revenue - AID if Applicable$335,773$0$0$0$0$365,990$385,671$384,468$384,468$385,841$604,919
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no data LTFM Fiscal Year Revenue Other $0$0$0$0$0$0$0$0$0$0$0
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no dataLTFM Transfer IN from Fund 06 if applicable (see transfer guidance tab)$0$0$0$0$0$0$0$0$0$0$0
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LEVY Page 10, Line 422
LTFM Deduction for applicable Cooperative/Intermediate Member District Levy$39,182$47,173$47,977$47,977$47,977$47,977$47,977$47,977$47,977$47,977$47,977
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no data
LTFM Transfer OUT from Fund 01 if applicable (see transfer guidance tab)
$0$0$0$0$0$0$0$0$0$0$0
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no dataLTFM Transfer OUT if applicable - Special Legislation $0$0$0$0$0$0$0$0$0$0$0
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no dataLTFM Estimated Fiscal Year Expenditures$1,122,414$1,347,950$1,550,200$1,550,200$1,538,700$1,493,200$1,554,200$1,554,200$1,554,200$1,554,200$1,504,700
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Ending Fiscal Year Fund Balance 01-467-XX$2,375,799$2,413,464$2,216,522$2,108,073$2,098,348$2,219,214$2,447,667$2,759,259$3,070,850$3,458,449$4,892,798
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no dataFund 0620252026202720282029203020312032203320342035
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no dataBeginning Fund Balance 06-467-XX$1,695,826 $1,774,836 $586,500 $0 $0 $0 $0 $0 $0 $0 $0
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no dataLTFM Fiscal Year Bonded Revenue$0 $2,052,000 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no dataLTFM Fiscal Year Revenue Other$79,010 $140,000 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no data
LTFM Transfer IN from Fund 01 if applicable (see transfer guidance tab)
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no data
LTFM Transfer OUT from Fund 06 if applicable (see transfer guidance tab)
$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no dataOther Transfers$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
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no dataLTFM Estimated Fiscal Year Expenditures$0 $3,380,336 $586,500 $0 $0 $0 $0 $0 $0 $0 $0
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Ending Fiscal Year Fund Balance 06-467-XX $1,774,836 $586,500 $0 $0 $0 $0 $0 $0 $0 $0 $0
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End of worksheet
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