FY 2019-2023 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

FY 19 thru FY 23

EXPENDITURES AND SOURCES SUMMARY

Department Administration

Total

FY 19 2,070,000

FY 20

FY 21

FY 22

FY 23

9,000

9,500

2,088,500

Airport

245,000 18,000 681,327 375,000 20,000 124,783 93,604 59,502 208,800 155,000 678,000 256,000 58,110 261,500

55,000 65,000 371,550

265,000 18,000 15,000

565,000 144,000

Cemetery

43,000 46,550

Fire

139,050 330,000 10,000 409,658 37,400 69,250 27,500 225,000 343,500 180,500 44,516 195,000 4,337,000 6,357,374

1,253,477 1,733,000

Landfill Library

1,028,000

30,000 271,000

60,000 918,941 37,400 368,854 282,002 731,300

Parks and Recreation

28,500

85,000

Planning

Police

64,000 90,000 142,500 198,000

78,000 30,000 75,000 293,000 290,000 46,611 425,000 1,365,000 2,938,611

64,000 75,000 80,000 148,000 150,000 400,000 47,401 55,000

Safe Routes to School

Sanitary Sewer

Solid Waste

1,137,500 7,648,360 1,316,500

Streets

1,118,360

Streets - Equipment

190,000 45,991

Technology

242,629

WTP

1,490,000

2,426,500

5,304,626

5,159,401

1,193,951

20,953,963

EXPENDITURE TOTAL

Total

FY 19

FY 20

FY 21

FY 22

FY 23

Source

Airport Reserve

46,000

13,750

36,250

96,000

Bonds: G.O. Bonds: SRF

2,000,000

858,657

2,858,657 3,062,215

1,577,215

1,485,000

Capital Improvement Reserve

337,537 18,000 45,000 125,000 120,000 391,327 25,000

37,400

374,937 99,000 63,500 125,000 25,000 120,000 963,477 25,000 25,000 650,000 154,000 315,000 730,000 7,000

Cemetery Reserve City Hall Reserve Clay County Share Columbarium Reserve

45,000

18,000

18,000

9,000

9,500

25,000

Donations

Fire Reserve

139,050

371,550

15,000

46,550

Fuel Equipment Reserve

Grant: Community Foundation

7,000

Grant: DNR EMS Grant: MAP-21 Grant: State Airport

25,000 88,000

162,000 64,000 135,000

400,000 48,750 180,000

41,250

Grants: FAA

Landfill Cell Constr Reserve

730,000 298,000

Landfill Reserve

378,000

330,000

1,006,000