FY 2019-2023 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

FY 19 FY 23 thru

PROJECTS & FUNDING SOURCES BY DEPARTMENT

Department

Project # Priority

Total

FY 19 FY 20 FY 21 FY 22 FY 23

Streets

ANNUAL CRACK SEALING PROGRAM

17-STR-001 17-STR-002 17-STR-003 18-STR-001 19-STR-001 20-STR-001 21-STR-001 21-STR-002 21-STR-003 22-STR-001

4 4 4 1 3 4 1 1 4 1

50,000 50,000 50,000

50,000 50,000 50,000

50,000 50,000 50,000

50,000 50,000 50,000

50,000 50,000 50,000

250,000 250,000 250,000 528,000 801,000 558,360 90,000 320,000 3,386,000 1,215,000

PCC PATCHING

MISCELLANEOUS SEAL COATING 4th AVENUE WEST RECONSTRUCTION

3,386,000

2018 OVERLAY PROJECT 2019 RECONSTRUCTION 2021 RECONSTRUCTION

528,000

801,000

558,360 90,000 320,000

DOWNTOWN TRAFFIC LIGHT CONTROLLERS

NORTH "Y" FRONTAGE ROAD 4TH STREET HMA OVERLAY

1,215,000

678,000 4,337,000 1,118,360 1,365,000

150,000

7,648,360

Streets Total

858,657

858,657

Bonds: G.O. Bonds: SRF

1,462,215

1,462,215

400,000 270,000

400,000 997,000 40,973 503,480 660,128 550,715

Grant: MAP-21

187,000

150,000 40,973 253,000 660,128 63,795 848,232

240,000

150,000

Road Use Tax (RUT)

Sewer Reserve

250,480

Special Assessments

Spencer Municipal Utilities

166,920 460,960

320,000 375,000

Storm Sewer Reserve

491,000

2,175,192

Street Improvement Reserve

678,000 4,337,000 1,118,360 1,365,000

150,000

7,648,360

Streets Total

678,000 4,337,000 1,118,360 1,365,000

150,000

7,648,360

Grand Total