FY2023 Adopted Budget

City of Iowa City All Funds Revenues by Type

2019 Actual

2020 Actual

2021 Actual

2022 Revised

2023 Budget

2024 Projected

Budgetary Fund Revenues Property Taxes

66,474,472 $

59,115,402 $

59,360,168 $

66,780,996 $

66,911,637 $

66,487,273 $

Other City Taxes

688,134 62,999

Gas/Electric Excise Tax

667,713 58,354

677,091 51,220

643,961 63,002 938,048

636,270 51,710

688,134 62,039

Mobile Home Tax Hotel/Motel Tax

1,134,862

1,301,827

1,134,864

1,134,862

1,134,862

Local Option Sales Tax Utility Franchise Tax

993,850

964,690

883,652

993,852

883,660

993,850

4,113,733 6,993,578

TIF Revenues

2,564,840 5,557,424

3,434,710 6,181,536

2,637,854 5,276,717

3,983,340 6,689,842

4,502,220 7,381,105

Other City Taxes Total

Licenses, Permits, & Fees General Use Permits

65,920 94,510

86,756 126,709

15,063 95,476

18,029 24,651

63,210 95,480

65,920 94,510

Food & Liquor Licenses Professional License

3,760

6,150

3,925

3,760

5,050

3,760

582,920 62,930

Franchise Fees

586,428 58,608

438,753 68,060

724,570 73,547

581,900 54,990

582,920 62,930

Miscellaneous Permits & Licenses Construction Permits & Inspection Fees

1,783,010 2,593,050

2,141,423 3,006,074

1,742,746 2,364,024

1,707,958 2,552,515

1,774,840 2,575,470

1,783,010 2,593,050

Licenses, Permits, & Fees Total

Use Of Money And Property Interest Revenues

1,134,991 1,463,605 146,592 2,745,188 16,572,899 1,249,633 9,390,000 2,512,490

4,198,581 1,290,859

3,277,337 1,177,377

981,957

1,484,392 1,264,564

1,132,514 1,463,605

Rents

1,084,618

Royalties & Commissions

106,716

100,348

120,765

108,354

146,592

Use Of Money And Property Total

5,596,157

4,555,062

2,187,339

2,857,310

2,742,711

Intergovernmental

Federal Intergovernmental Revenue

13,349,850 1,559,040 8,820,138 2,060,750

15,404,149 1,519,888 9,163,303 2,107,692

26,600,680 1,593,623 10,076,978 2,128,143

42,627,648 1,544,912 9,163,300 2,014,420

29,444,849

Property Tax Credits

931,304

Road Use Tax

9,483,900 2,359,490

State 28E Agreements Operating Grants Disaster Assistance Other State Grants Local 28E Agreements

61,850

69,584

66,984

61,849

66,980 27,043

61,850

-

-

-

2,700

-

1,216,505 1,344,169 32,347,546

3,203,172 1,204,577 30,267,112

5,601,294 1,280,923 35,144,234

2,257,948 1,343,940 44,065,861

4,310,043 2,913,480 62,667,825

566,505

1,359,688 44,207,586

Intergovernmental Total

Charges For Fees & Services Building & Development

455,270 75,000 11,740 11,070

1,219,311

492,643 188,901 13,484 968,924 467,105 53,024 8,880

2,678,588

413,910 98,710 13,480

455,270 75,000 11,740 11,070

Police Services

149,766 14,922

13,523 11,742 11,734 668,695 267,221 57,336

Animal Care Services

Fire Services Transit Fees

9,060

8,880

1,409,590

1,220,379

1,220,390

1,409,590

705,255 62,202

Culture & Recreation

767,966 69,454

696,126 61,234

705,255 62,202

Miscellaneous Charges For Services

9,991,670 12,152,450 4,910,372 6,448,175 1,700,790 6,343,059

Water Charges

9,645,556 12,830,133 4,056,934 5,889,533 1,568,019 6,546,854

10,051,603 12,353,935 4,185,695 5,961,888 1,730,056 4,795,660

9,937,678 12,152,455 4,572,826 7,326,438 1,700,792 4,154,129

9,851,600 12,353,930 4,334,880 6,450,049 1,730,060 6,435,076

10,091,587 12,273,975 4,954,851 6,448,175 1,717,798 6,343,059

Wastewater Charges

Refuse Charges Landfill Charges

Stormwater Charges

Parking Charges

Charges For Fees & Services Total

44,276,643 $

43,987,888 $

41,271,797 $

43,553,157 $

43,668,325 $

44,559,571 $

308