FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Streets

Contact Public Works Director

Type Maintenance

Project #

17-STR-002

Useful Life 25 Years

Project Name PCC PATCHING

Category Street Paving

Priority 5 - On-Going

Total Project Cost: $544,267

Description With the passage of the Motor Fuel Tax increase by the State Legislature, the City has additional funds available for street maintenance. As a result, the City plans on utilizing some of these additional funds for patching PCC streets around the community. Areas will be determined on an annual basis based on the street conditions and perceived deterioration

Justification By performing this preventative maintenance, the life expectancy of the street will increase.

Prior

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Planning/Design

15,000

15,000

30,000

314,267

Construction/Maintenance

100,000

100,000

200,000

Total

115,000

115,000

230,000

Total

Prior

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Road Use Tax (RUT)

115,000

115,000

230,000

306,932

115,000

115,000

230,000

Total

Total

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