FY 2020-2024 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

thru FY 20 FY 24

Department Streets

Contact Public Works Director

Type Maintenance

17-STR-003

Project #

Useful Life 10 Years

Project Name MISCELLANEOUS SEAL COATING

Priority 5 - On-Going Category Street Paving

Description These projects will consist of miscellaneous seal coating projects around town. Specific projects will be identified at the time the annual seal coating project is put together. Total Project Cost: $400,296

Justification Seal coating a street lengthens its life expectancy.

Prior

Expenditures Planning/Design

Total

FY 20

FY 21

FY 22

FY 23

FY 24

5,000

5,000

5,000

5,000

5,000

25,000 250,000 275,000

125,296

50,000 55,000

50,000 55,000

50,000 55,000

50,000 55,000

50,000 55,000

Construction/Maintenance

Total

Total

Prior

Funding Sources Road Use Tax (RUT)

Total

FY 20

FY 21

FY 22

FY 23

FY 24

55,000 55,000

55,000 55,000

55,000 55,000

55,000 55,000

55,000 55,000

275,000 275,000

125,296

Total

Total