FY 2020-2024 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

FY 20 FY 24 thru

PROJECTS & FUNDING SOURCES BY DEPARTMENT

Department

Project # Priority

Total

FY 20 FY 21 FY 22 FY 23 FY 24

Streets

ANNUAL CRACK SEALING PROGRAM

17-STR-001 17-STR-002 17-STR-003 20-STR-001 21-STR-002 21-STR-004 22-STR-001 23-STR-001 23-STR-002 24-STR-001

4 4 4 4 1 1 1 1 2 1

55,000 55,000 55,000 884,000

55,000 55,000 55,000

55,000 55,000 55,000

55,000 55,000 55,000

55,000 55,000 55,000

275,000 275,000 275,000 884,000 90,000 380,000

PCC PATCHING

MISCELLANEOUS SEAL COATING

2019 RECONSTRUCTION

DOWNTOWN TRAFFIC LIGHT CONTROLLERS W 4TH ST STORM SEWER EXTENSION

90,000 380,000

4TH STREET HMA OVERLAY 2023 RECONSTRUCTION ST LUKE DRIVE OVERLAY 2024 RECONSTRUCTION

1,215,000

1,215,000

317,781 167,000

317,781 167,000

1,821,000

1,821,000

1,049,000

635,000 1,380,000

649,781 1,986,000

5,699,781

Streets Total

400,000 285,000

400,000

Grant: MAP-21

165,000 64,966 257,675 120,325 45,767 395,267

255,000 19,520

165,000

165,000 294,920 615,000

1,035,000

Road Use Tax (RUT)

379,406 872,675 120,325 774,187

Sewer Reserve

Special Assessments

Spencer Municipal Utilities

171,060 189,420

320,000 375,000

237,360 673,720

Storm Sewer Reserve

484,781

2,118,188

Street Improvement Reserve

1,049,000

635,000 1,380,000

649,781 1,986,000

5,699,781

Streets Total

1,049,000

635,000 1,380,000

649,781 1,986,000

5,699,781

Grand Total