FY 21-25 CIP

City of Spencer, Iowa Street Improvement Reserve

Actual Projected FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2020-22 FY 2020-23 FY 2023-24 FY 2024-25 Actual Actual Budgeted Projected Projected Projected Projected

RECEIPTS Special Assessments

1

Interest Income

6,471

12,750

30,189

4,000

4,000

4,000

4,000

4,000

4,000

2

Grants:

3

IaDOT - West 11th IaDOT - RISE Grant Saftea Lu / MAP-21

4

5

6

800,000

Bonds

7

Clay County Share

8

Misc. Receipts

9 Total Receipts 10

6,471 812,750

30,189

4,000

4,000

4,000

4,000

4,000

4,000

TRANSFERS IN

11

Local Option Sales Tax Capital Improvement Res.

12 350,000 350,000 350,000 350,000 350,000 350,000 350,000 350,000 350,000

13

Capital Projects

141,857 200,000

Road Use Tax Funds

14

Other Funds

15 Total Transfers 16

691,857 350,000 350,000 350,000 350,000 350,000 350,000 350,000 350,000

DISBURSEMENTS

17

Capital Projects Misc. Expenses

18 387,618 116,799 982,821 347,590 214,420 612,000 509,281 531,130 279,000

19 Total Disbursements 20

387,618 116,799 982,821 347,590 214,420 612,000 509,281 531,130 279,000

Beginning Street Reserve 21

641,007 951,717 1,997,669 1,395,036 1,401,446 1,541,026 1,283,026 1,127,745 950,615 698,328 1,162,750 380,189 354,000 354,000 354,000 354,000 354,000 354,000 387,618 116,799 982,821 347,590 214,420 612,000 509,281 531,130 279,000 951,717 1,997,669 1,395,036 1,401,446 1,541,026 1,283,026 1,127,745 950,615 1,025,615

Deposits 22

Capital Expenditures 23 Ending Street Reserve 24