FY2022

Plan. The Fiscal Year 2022 budget includes funding for improvements at Chadek Green Park, Court Hill Park shelter and playground, and an off-road bike trail. Bike Master Plan projects will continue in 2022. Projects completed in 2020 include bike lanes on Burlington Street, Dodge Street, and the McCollister Boulevard extension. Ongoing 2020 projects include bike lanes on Muscatine and Southgate and a lane conversion with bike lanes added on Keokuk. Projects expected to be completed in 2021 include a sidepath on HWY 6, bike lanes and sidepath in conjunction with the American Legion Road project, Benton Street bike lanes, a lane conversion and bike lanes on Gilbert Street, and eight bike boulevards. Core Services Significant funds are also devoted to artistic and cultural endeavors, fostering the vibrant community that makes Iowa City such an attractive place to live and visit. Operational support is provided for the Englert Theater, FilmScene, Summer of the Arts, City of Literature, Mission Creek Festival, and Riverside Theatre. Funds contributed to the Iowa City Downtown District are used for placemaking activities and art installations. The budget also includes continued funding for the Cyclocross World Cup, Bike to Work Month activities, Juneteenth Celebration, events in parks with the Neighborhood Centers of Johnson County and MLK Day Celebration, and a global multi- cultural celebration. Finally, this budget continues to maintain responsible funding levels for roadway repairs and equipment replacement. Several important road rehabilitation and reconstruction projects are

planned for 2021, including Melrose Avenue improvements, planning and design for Court Street reconstruction, Benton Street rehabilitation, Dodge Street and Orchard Street reconstructions, and an augmented annual pavement rehabilitation program. Various water, sewer, and landfill projects are also planned in accordance with replacement and maintenance schedules. To address the increasingly evident reality that many City facilities are substandard and fail to adequately provide for service expansion needs, this budget continues to fund our facility reserve account. This long-term financial planning strategy will help the City fund the next generation of public facilities without the need for undertaking significant long-term debt. Financial Goals The preparation of this budget document was guided by four primary financial goals that seek to establish a sound fiscal strategy for the upcoming year and beyond. First, as noted above, this budget continues to advance the City’s commitment to responding to the climate action crisis. The budget maintains the $.24 emergency property tax levy to

Financial Goals Maintain focus on the urgency of the climate crisis and implementing the Climate Action and Adaptation Plan. Continue to dedicate resources towards advancing City Council’s Strategic Plan priorities and adopted Master Plans. Seek fiscal stability through competing financial pressures of the COVID-19 pandemic and the final years of the phased 2013 tax reform. Support households and businesses through the pandemic’s impact with fixed rates, fees, and continued efforts to lower the City’s tax rate.

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