FY 2020-2024 Capital Improvement Plan

Capital Improvement Plan City of Spencer, Iowa

FY 20 thru FY 24

EXPENDITURES AND SOURCES SUMMARY

Department Administration

Total

FY 20

FY 21

FY 22

FY 23

FY 24

54,000 80,000

9,500

63,500 760,000 126,000

Airport

415,000 65,000 401,550 355,000 30,000 93,161 100,000 212,500 199,000 635,000 204,500 45,991 83,500

200,000 18,000

65,000 18,000 71,550

Cemetery

25,000 450,000

Fire

148,950 785,000 10,000 583,041 37,400 74,450 28,000 237,000 343,500

7,500

1,079,550 2,395,000

Landfill Library

1,255,000

40,000 960,041 37,400 414,371 310,500 955,500

Parks and Recreation

198,500

65,000

30,000

Planning

Police

89,360 38,500 87,000 294,000 290,000 46,611 450,000 1,380,000

69,200 85,000 157,000 150,000 649,781

88,200 59,000 262,000 20,000

Safe Routes to School

Sanitary Sewer

Solid Waste

1,006,500 5,699,781 1,295,000

Streets

1,049,000

1,986,000

Streets - Equipment

400,500 44,516

400,000

Technology

47,401 50,000

184,519

WTP

2,000,000 5,875,357

2,500,000

2,840,202

3,108,971

2,682,932

3,320,200

17,827,662

EXPENDITURE TOTAL

Total

FY 20

FY 21

FY 22

FY 23

FY 24

Source

Airport Reserve

16,000

57,750

20,000

16,250

110,000

Bonds: SRF

2,000,000

2,000,000

Capital Improvement Reserve

37,400

37,400 81,000 63,500

Cemetery Reserve City Hall Reserve Clay County Share Columbarium Reserve

45,000

18,000

18,000

54,000

9,500

9,023

9,023

25,000

25,000

Communication Center Reserve

9,023

9,023

Fire Reserve

148,950 25,000 250,000 64,000 111,158 730,000 55,000 10,000 221,883

401,550

7,500

71,550

450,000

1,079,550 25,000 650,000 218,000 432,000 111,158 905,000 40,000 543,883 1,490,000

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

400,000

105,250 252,000

48,750

Grants: FAA

180,000

Hotel-Motel Tax

Landfill Cell Constr Reserve

760,000 495,000

Landfill Reserve Library Reserve Park Reserve

355,000 30,000 103,500

123,500

65,000

30,000