FY2023 Adopted Budget

City of Iowa City Strategic Plan

Strategic Plan and the Financial Plan This Three-Year Financial Plan for fiscal years 2022 through 2024 and the fiscal year 2023 budget were prepared with a strategic plan serving as a guide. In preparing the financial plan and budget, the City recognized the impact that funding decisions would have on future progress to the organization’s stated priorities in the plan. As a result, this budget aims to provide resources that accomplish the following objectives: 1. Respond to climate crisis and implement Climate Action and Adaptation Plan, and 2. Provide resources to make significant progress in implementing City Council’s other Strategic Plan priorities and adopted Master Plans, and 3. Balance expanding service needs and community priorities with declining taxable value of apartment buildings, and 4. Consider the overall effect of changes on household budgets including taxes, fees, and School District/County needs. The following is a summary of the City Council’s strategic plan priorities and initiatives that were adopted by the City Council.

Strategic Plan Priorities

This Strategic Plan intends to foster a more Inclusive, Just and Sustainable Iowa City.

1. Advance Social Justice, Racial Equity, and Human Rights 2. Demonstrate Leadership in Climate Action 3. Strengthen Community Engagement and Intergovernmental Relations 4. Invest in Public Infrastructure, Facilities and Fiscal Reserves 5. Foster Healthy Neighborhoods and Affordable Housing Throughout the City 6. Enhance Community Mobility for All Residents 7. Promote an Inclusive and Resilient Economy Throughout the City

Strategic Plan Projects, Programs, Policies and Initiatives

Advance Social Justice, Racial Equity, and Human Rights • Ensure City progress towards increasing diversity of staff in a manner that is reflective of community demographics • Complete the phased effort to raise the minimum wage for temporary employees to $15.00 per hour by July 1, 2021

28