FY 17 Annual Report

Capital Improvements Fund

2017

CITY OF SPENCER, IOWA

PEDERSON PARK LIGHTING

PROJECT #411

PROJECT INFORMATION

The project will replace the current ballfiled lighting with new lights, transformers and new wiring. The current system has been in place for over 30 years and is antiquated. The current system also does not provide for enough light wheni nuse, making the playing fileds dark and potentially unsafe. The funding for this project will come from $700,000 of General Obligation bonds, $300,000 from Hotel/Motel tax receipts and fudning form the Youth Baseball/Softball Association.

FY 2017 ACTUAL

PRIOR YEARS

PROJECT

PRIOR YEARS

TOTAL

REVENUES

MISCELLANEOUS

- -

FARM RENT

TRANSFERS IN

15,241.00

15,241.00

-

TOTAL REVENUES

15,241.00

-

15,241.00

EXPENDITURES CONSTRUCTION ENGINEERING

-

15,175.00

15,175.00

LEGAL FEES

66.00

66.00

MISCELLANEOUS TRANSFERS OUT

- -

-

15,241.00

-

15,241.00

-

TOTAL EXPENDITURES

CAPITAL IMPROVEMENTS