Carver County, MN
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Our Vision: One Construction Project
Carver County and its project partners have secured 87% of the funding needed to construct the Highway 5 improvements project.
The County is committed to obtaining the funding needed to complete the project before construction starts in fall 2025.
Closing the Funding Gap
State and federal assistance is necessary to begin constructing the project in 2025. Without a federal award to support this investment, there is a high probability that the project will experience delays and need to be constructed in separate phases. That means local residents, businesses, and commuters would experience major impacts over a longer period of time, including an increase in crashes and congestion and impactful closures and bottlenecks over the next decade or more.
Constructing these improvements as one project will more quickly and cost-effectively improve travel conditions; address safety; improve environmental protections; and create better connections between local destinations.
Hear from community leaders why it is important to build a better Highway 5 through Chanhassen, Chaska, and Victoria.
Project Funding Sources
Highway 5 improvements project funds come from a combination of federal, state, county, and city funds. The following table is updated as additional dollars are secured.
| State Sources | Amount | Status |
|---|---|---|
| Carver County Local Option Sales Tax | $20,000,000 | Secured |
| Carver County CSAH Funds | $4,500,000 | Secured |
| Cities of Chanhassen and Victoria | $3,000,000 | Secured |
| 2023 State of MN Bonding Bill Allocation | $20,000,000 | Secured |
| MnDOT Commitment | $5,800,000 | Secured |
| DNR Local Trail Connections Program | $250,000 | Secured |
| Federal Sources | Amount | Status |
| Metropolitan Council STP Award | $10,000,000 | Secured |
| Metropolitan Council STP Award | $2,000,000 | Secured |
| Regional Solicitation Modernization | $7,000,000 | Secured |
| Protect Formula Funds | $10,000,000 | Secured |
| FY21 Congressionally Directed Spending | $2,000,000 | Secured |
| FY24 Congressionally Directed Spending | $7,000,000 | Secured |
| Minnesota Highway Freight Program | $10,800,000 | Secured |
| FY24 and FY25 DOT Program Requests | $25,000,000 | Requested |
| Totals | Amount | Status |
| Total Project Need | $114,000,000 | |
| Total Local Commitments | $53,550,000 | 47%* |
| Total Federal Commitments | $73,800,000 | 65% with DOT award |
*With DOT Award of $25 million and Carver County Local Options Sales Tax Commitment of up to $20 million, the project would be 112% funded leaving ample funds for unforeseen project costs.
Additional Resources
Learn more about the Highway 5 Improvements and the importance of fully funding this project.
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