FY 21-25 CIP

Capital Improvement Plan City of Spencer, Iowa

FY 21 thru FY 25

EXPENDITURES AND SOURCES SUMMARY

Department

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Administration

9,500

34,500

44,000

Airport

150,000

135,000

700,000

65,000

50,000

1,100,000

Cemetery

70,000

18,000

30,000

18,000

43,000

179,000

Fire

536,550

36,000

51,050

161,000

400,000

1,184,600

Landfill

300,000

16,000

1,255,000

287,000

240,000

2,098,000

Library

41,900

19,100

67,000

128,000

Parks and Recreation

484,658

238,500

95,000

48,500

77,500

944,158

Police

79,200

125,836

79,200

98,200

115,500

497,936

Safe Routes to School

100,000

38,500

102,000

59,000

10,000

309,500

Sanitary Sewer

182,250

143,250

135,500

332,500

82,500

876,000

Solid Waste

226,000

294,000

213,000

20,000

21,000

774,000

Storm Sewer

750,000

200,000

25,000

975,000

Streets

515,000

1,557,000

624,081

2,225,800

569,800

5,491,681

Streets - Equipment

227,500

327,600

220,000

45,000

536,000

1,356,100

Technology

36,004

37,054

38,156

39,314

40,530

191,058

WTP

621,500

50,000

150,000

821,500

3,699,062

3,816,840

3,684,987

3,399,314

2,370,330

16,970,533

EXPENDITURE TOTAL

Total

FY 21

FY 22

FY 23

FY 24

FY 25

Source

Airport Reserve

30,000

29,750

180,000

16,250

50,000

306,000

Bonds: SRF

200,000

200,000

Cemetery Reserve

45,000

18,000

30,000

18,000

18,000

129,000

City Hall Reserve

9,500

34,500

44,000

Columbarium Reserve

25,000

25,000

Fire Reserve

536,550

36,000

51,050

136,000

400,000

1,159,600

Grant: Community Foundation

25,000

25,000

Grant: DNR EMS

20,000

20,000

Grant: DOT

400,000

453,000

853,000

Grant: FEMA

637,500

637,500

Grant: MAP-21

250,000

250,000

Grant: State Airport

120,000

105,250

48,750

274,000

Grants: FAA

432,000

432,000

Hotel-Motel Tax

111,158

111,158

Landfill Cell Constr Reserve

760,000

760,000

Landfill Reserve

280,000

16,000

495,000

165,000

240,000

1,196,000

Library Reserve

41,900

19,100

67,000

128,000

Park Reserve

148,500

163,500

95,000

48,500

77,500

533,000

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