FY 2020-2024 Capital Improvement Plan

City of Spencer, Iowa Public Works Sinking (Equipment)

Actual Projected FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2021-23 FY 2023-24 Actual Actual Budgeted Projected Projected Projected Projected

RECEIPTS Special Assessments

1

Interest Income Misc. Receipts

7,389

6,895 3,754

8,433 22301 30,734

5,000

5,000

5,000

5,000

5,000

5,000

2

93,222 100,611

3

Total Receipts

10,649

5,000

5,000

5,000

5,000

5,000

5,000

4

TRANSFERS IN

5

Local Option Sales Tax

6

Cap. Impr. Reserve

7 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000 150,000

Sewer Reserve RUT Reserve

60,000 64,000

8

9

Fuel Equip Reserve Solid Waste Reserve

31,077

25,000

10 Total Transfers 11

150,000 150,000 181,077 175,000 150,000 150,000 274,000 150,000 150,000

DISBURSEMENTS

12

Capital Projects Misc. Expenses

13 344,984 162,149 275,976 101,000 405,500 209,500 295,000

0 400,000

14 Total Disbursements 15

344,984 162,149 275,976 101,000 405,500 209,500 295,000

0 400,000

Beginning Equip. Reserve 16

941,222 846,848 845,349 781,184 860,184 609,684 555,184 539,184 694,184 250,611 160,649 211,810 180,000 155,000 155,000 279,000 155,000 155,000

Deposits 17

Capital Expenditures 18 Ending Equip. Reserve 19

344,984 162,149 275,976 101,000 405,500 209,500 295,000

0 400,000

846,848 845,349 781,184 860,184 609,684 555,184 539,184 694,184 449,184