FY 2019-2023 Capital Improvement Plan

City of Spencer, Iowa Park Reserves

Actual Projected FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2021-23 Actual Actual Budgeted Proposed Projected Projected Projected

RECEIPTS Interest Income

6,859 1,332

5,484 1,121

4,433 1,051

3,000 1,200

3,000 1,200

3,000 1,200

3,000 1,200

3,000 1,200

3,000 1,200

1

League Softball Fees

2

League Softball Fees - Tax

93

79

74

75

75

75

75

75

75

3

Grants - State Grants - Federal

125,000

4

408,000 298,000

88,000

5

Grants - Anticipated

7,000

6

Spencer Schools Misc. Reciepts

12,863 201,463 222,610

30,249

75,000

75,000

75,000

99 119,078

40,000

7

Total Receipts

6,783 154,885 577,275 309,275

92,275

79,275

79,275

79,275

8

TRANSFERS IN

9

Local Option Sales Tax

10 115,000 115,000 115,000 115,000 115,000 115,000 115,000 115,000 115,000

Misc. Transfers

12,500

15,000

11

TIF Funds

1,142,240 111,158

12

Cap. Imp. Overpayment

13 Total Transfers 14

127,500 130,000 115,000 1,257,240 226,158 115,000 115,000 115,000 115,000

DISBURSEMENTS

15

Capital Projects Misc. Expenses

16 393,198 302,126 351,404 2,009,919 129,862 434,737 276,079

33,579

96,079

2,988

11,250

17

Transfer Out

18 Total Disbursements 19

396,186 313,376 351,404 2,009,919 129,862 434,737 276,079

33,579

96,079

Beginning Park Reserve 20

629,932 583,857 407,265 325,747 150,343 555,914 328,452 246,648 407,344 350,110 136,783 269,885 1,834,515 535,433 207,275 194,275 194,275 194,275

Deposits 21

Capital Expenditures 22 Ending Park Reserve 23

396,186 313,376 351,404 2,009,919 129,862 434,737 276,079

33,579

96,079

583,857 407,265 325,747 150,343 555,914 328,452 246,648 407,344 505,540

Includes $198,128.66 Donation from Middy Deegan Designated for Campground WiFi project Includes $140,000 donation for N School Shelter