FY 21-25 CIP

thru FY 21 FY 25

Capital Improvement Plan City of Spencer, Iowa

Department Streets - Equipment

Contact Public Works Director

Type Equipment

Project #

21-STEQ-004

Useful Life 20 Years

Project Name Forklift

Category Equipment: General

Priority 2 - Essential

Total Project Cost: $20,000

Description The proposed project would purchase a late model used forklift.

Justification The current forklift is approximately 40 years old and replacement parts are becoming hard to find.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Equipment

20,000

20,000

20,000

20,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

PW Equipment Reserve

20,000

20,000

20,000

20,000

Total