FY 21-25 CIP

Capital Improvement Plan City of Spencer, Iowa

FY 21 FY 25 thru

PROJECTS & FUNDING SOURCES BY DEPARTMENT

Department

Project # Priority

Total

FY 21 FY 22 FY 23 FY 24 FY 25

Streets

ANNUAL CRACK SEALING PROGRAM

17-STR-001

4

55,000

55,000

59,800

59,800

59,800

289,400

PCC PATCHING

17-STR-002

4

115,000

115,000

230,000

MISCELLANEOUS SEAL COATING

17-STR-003

4

55,000

55,000

55,000

55,000

55,000

275,000

DOWNTOWN TRAFFIC LIGHT CONTROLLERS

21-STR-002

1

200,000

200,000

W 4TH ST STORM SEWER EXTENSION

21-STR-004

1

380,000

380,000

Parking Lot Improvements

21-STR-005

n/a

25,000

25,000

4TH STREET HMA OVERLAY

22-STR-001

1

962,000

962,000

Parking Lot Improvements

22-STR-002

1

170,000

170,000

2023 RECONSTRUCTION

23-STR-001

1

317,781

317,781

ST LUKE DRIVE OVERLAY

23-STR-002

2

191,500

191,500

2024 RECONSTRUCTION

24-STR-001

1

1,996,000

1,996,000

2025 RECONSTRUCTION

25-STR-001

n/a

455,000

455,000

515,000 1,557,000

624,081 2,225,800

569,800

5,491,681

Streets Total

400,000

453,000

853,000

Grant: DOT

110,000

545,000

114,800

229,800

114,800

1,114,400

Road Use Tax (RUT)

19,520

330,405

349,925

Sewer Reserve

472,000

176,000

648,000

Special Assessments

171,060

209,465

380,525

Storm Sewer Reserve

214,420

612,000

509,281

531,130

279,000

2,145,831

Street Improvement Reserve

515,000 1,557,000

624,081 2,225,800

569,800

5,491,681

Streets Total

515,000 1,557,000

624,081 2,225,800

569,800

5,491,681

Grand Total