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 #

22-STEQ-001

Useful Life 15 Years

Project Name STREET SWEEPER REPLACEMENT

Category Equipment: Vehicles

Priority 2 - Essential

Total Project Cost: $327,600

Description The proposed project will replace a 1997 Elgin Mechanical Street Sweeper with a new unit.

Justification The current sweeper will be 22 years old at time of replacement and will need to be replaced.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Vehicles

327,600

327,600

327,600

327,600

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

PW Equipment Reserve

175,000

175,000

Road Use Tax (RUT)

92,600

92,600

Sewer Reserve

60,000

60,000

327,600

327,600

Total