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 - Equipment

PLOW TRUCK / DUMP BODY

13-STEQ-001

4

220,000

220,000

MOWING TRACTOR REPLACEMENT

21-STEQ-001

2

140,000

140,000

ARM MOWER REPLACEMENT

21-STEQ-002

2

53,000

53,000

MOSQUITO SPRAYER

21-STEQ-003

3

14,500

14,500

Forklift

21-STEQ-004

1

20,000

20,000

STREET SWEEPER REPLACEMENT

22-STEQ-001

1

327,600

327,600

EQUIPMENT STORAGE

23-STEQ-001

3

500,000

500,000

Skid Loader

24-STEQ-001

1

45,000

45,000

3/4 ton Pick Up

25-STEQ-001

n/a

36,000

36,000

227,500

327,600

220,000

45,000

536,000

1,356,100

Streets - Equipment Total

227,500

175,000

220,000

45,000

536,000

1,203,500

PW Equipment Reserve

92,600

92,600

Road Use Tax (RUT)

60,000

60,000

Sewer Reserve

227,500

327,600

220,000

45,000

536,000

1,356,100

Streets - Equipment Total

227,500

327,600

220,000

45,000

536,000

1,356,100

Grand Total