FY 21-25 CIP

City of Spencer, Iowa Fire Capital Improvement Sinking

Actual Projected FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2021-23 FY 2023-24 FY 2024-25 Actual Actual Budgeted Proposed Projected Projected Projected

RECEIPTS Interest Income

4,462

5,954

9,998

4,500

4,500

4,500

4,500

4,500

4,500

1

Donations

2

Misc. Reciepts

1,010

3,833

3

Rural Fire Contracts

13,635

13,193

14,140

13,000

13,000

13,000

13,000

13,000

13,000

4

5

Total Receipts

19,107

22,981

24,138

17,500

17,500

17,500

17,500

17,500

17,500

6

TRANSFERS IN

7

Local Option Sales Tax Capital Improve Reserve

8

9 100,000 100,006 100,000 115,000 115,000 115,000 115,000 115,000 115,000

Misc. Transfers Sewer Reserve

10

11 Total Transfers 12

100,000 100,006 100,000 115,000 115,000 115,000 115,000 115,000 115,000

DISBURSEMENTS

13

Capital Projects Misc. Expenses

27,580

18,613

19,690 461,450 541,500

41,000

56,050 166,000 405,000

14

15 Total Disbursements 16

27,580

18,613

19,690 461,450 541,500

41,000

56,050 166,000 405,000

Beginning Fire Reserve 17

461,206 552,733 657,107 761,555 432,605

23,605 115,105 191,555 158,055

Deposits 18

119,107 122,986 124,138 132,500 132,500 132,500 132,500 132,500 132,500

Capital Expenditures 19 Ending Fire Reserve 20

27,580

18,613

19,690 461,450 541,500

41,000

56,050 166,000 405,000

552,733 657,107 761,555 432,605

23,605 115,105 191,555 158,055 (114,445)