FY2022

Capital Improvement Projects by Category 2021-2025

Community & Economic Development 0%

Streets, Bridges, and Traffic Engineering 45%

Airport 2%

Public Safety 3%

Culture & Rec 14%

Water/Wastewater/Stormwater 18%

Transit & Parking 13%

Landfill 5%

Staff is projecting general obligation bond issues of $12.4 million in Fiscal Year 2022 and $12.1 million in Fiscal Year 2023, including 2% for bond issuance costs. The use of general obligation bonds is required to carry out the projects that are being recommended. The level of bonding projected is well below the thresholds established by the State of Iowa and is consistent with Iowa City’s own internal debt policies. In addition to annual projects that require significant resources such as water and sewer main replacements, fire truck replacements, annual street overlays, facility projects, and curb ramp replacements, the five-year Capital Improvement Plan includes several notable projects. Examples of significant projects planned for the coming calendar years include the following (many projects will span multiple years):

2021

• Smart parking meter replacements • Highway 6 Trail extension • Glendale Park improvements • Pedestrian Mall playground replacement • City Park ball field improvements

• Bicycle Master Plan Improvements (each year of the CIP) • Benton Street rehabilitation • Melrose Avenue improvements • Curbside collections automated truck

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