FY2022

Iowa City Property Management (2510) Fund Summary

2018

2019

2020

2021

2022

2023

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$

169,362

$

192,000

$

207,222

$

212,153

$

223,035

$

278,781

Revenues:

Use Of Money And Property Interest Revenues

$

2,254

$

4,374

$

3,253

$

2,000

$

2,000

$

2,000

Rents

71,025

66,431

62,244

66,430

115,534 10,399 127,933

115,534 10,399 127,933

Royalties & Commiss

-

-

-

-

Total Revenues

$

73,278

$

70,805

$

65,497

$

68,430

$

$

Expenditures:

Iowa City Property Management

$

-

$

-

$

-

$

-

$

10,399 57,212

$

10,399 58,040

Peninsula Apartments

50,641

55,583

60,567

57,548

Augusta Place Apartments

-

-

-

-

4,576

4,668

Total Expenditures

$

50,641

$

55,583

$

60,567

$

57,548

$

72,187

$

73,107

Fund Balance, June 30

$

192,000

$

207,222

$

212,153

$

223,035

$

278,781

$

333,607

Restricted / Committed /Assigned

-

-

-

-

-

-

Unassigned Balance

$

192,000

$

207,222

$

212,153

$

223,035

$

278,781

$

333,607

% of Revenues

379%

373%

350%

388%

386%

456%

337