FY 2019-2023 Capital Improvement Plan

City of Spencer, Iowa Fire Capital Improvement Sinking

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

6,057

3,594

4,462

4,500

4,500

4,500

4,500

4,500

4,500

1

Donations

125,000

2

Misc. Reciepts

1,010

3

Rural Fire Contracts

13,206

13,880

13,635

13,000

13,000

13,000

13,000

13,000

13,000

5

6

Total Receipts

19,263

17,474

19,107 142,500

17,500

17,500

17,500

17,500

17,500

4

TRANSFERS IN

5

Local Option Sales Tax Capital Improve Reserve

100,000

6

100,000 100,000 100,000 115,000 115,000 115,000 115,000 115,000

7

Misc. Transfers

8

9 Total Transfers 10

100,000 100,000 100,000 100,000 115,000 115,000 115,000 115,000 115,000

DISBURSEMENTS

11

Capital Projects Misc. Expenses

465,193

63,198

27,580 367,000

61,327 144,050 376,500

20,000 526,550

12

13 Total Disbursements 14

465,193

63,198

27,580 367,000

61,327 144,050 376,500

20,000 526,550

Beginning Fire Reserve 15

752,861 406,930 461,206 552,733 428,233 499,406 487,856 243,856 356,356 119,263 117,474 119,107 242,500 132,500 132,500 132,500 132,500 132,500

Deposits 16

Capital Expenditures 17 Ending Fire Reserve 18

465,193

63,198

27,580 367,000

61,327 144,050 376,500

20,000 526,550

406,930 461,206 552,733 428,233 499,406 487,856 243,856 356,356 (37,694)