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 #

24-STEQ-001

Useful Life 25 Years

Project Name Skid Loader

Category Equipment: General

Priority 2 - Essential

Total Project Cost: $45,000

Description The proposed project would purchase a new skid loader.

Justification The new skid loader would replace a 2003 Bobcat that will be transferred to the WWTP and replace a 1987 Bobcat skid loader. The 1987 skid loader will be removed from service.

Expenditures

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Equipment

45,000

45,000

45,000

45,000

Total

Funding Sources

Total

FY 21

FY 22

FY 23

FY 24

FY 25

PW Equipment Reserve

45,000

45,000

45,000

45,000

Total