FY2024 Proposed Budget

FY2021 Actual

FY2022 Actual

FY2023 Revised

FY2024 Budget

FY2025 Projected

Intergovernmental Funding

Local Governmental: 28E Agreements Coralville, Johnson County & Other Governments - Animal Services IC Comm. Schools - Mercer Pool County, Univ Heights, Hills - Library Johnson County - Senior Center University Heights - Fire Department

$ 285,679 98,846 607,429 60,300 32,818 1,101 30,626 1,116,799

$ 265,443 $ 262,771 $ 287,482 $ 287,482

99,785 607,399 62,430 34,343 1,009 31,391 1,101,800

98,850 652,410

104,850 640,498 62,430 34,343 1,009 32,981 1,163,593

104,850 640,498 62,430 34,343 1,009 32,981 1,163,593

-

36,403 1,100 32,177 1,083,711

University Heights - Revenue

JECC - Accounting

Local Governmental Revenue:

State Revenue:

Public Safety Grants

-

3,975

3,975

3,975

3,975

University of Iowa - Fire Protection

1,716,326 61,849 929,988 46,110 2,754,273

1,627,211 58,765 900,421 10,000 2,600,372

1,716,330 61,850 749,207

1,769,259 55,875 972,719

1,769,259 55,875 787,105 10,000 2,626,214

Operating Grants Property Tax Credits Other State Grants Total State Revenue:

-

10,000

2,531,362

2,811,828

Federal Revenue:

Public Safety Grants

255,480 11,746 1,785,629

243,405 94,997

251,408

247,741

247,741

FEMA

-

- - -

-

CARES Act

-

- -

-

ARPA

-

5,000

-

Total Federal Revenue:

2,052,855

343,402

251,408

247,741

247,741

Total - Intergovernmental Funding:

$5,923,927 $4,045,574 $3,866,481 $4,223,162 $4,037,548

6 . Charges for Fees and Services – These revenues are for direct fees and charges for the use of a City service, facility, or program. Divisions with fee-based services include: Parks and Recreation, Police (special events, contracted services), Fire (inspections), Housing & Building Inspection Services, Animal Care, and Cemetery services. Charges for Fees and Services are budgeted at $1.24 million in fiscal year 2024. The fiscal year 2024 revenue is a decrease of 2.2% of the fiscal year 2023 revised budget of $1.27 million, and there is an average increase of 4.6% over the last five years. The relative stagnation in the fiscal year 2023 budget is due to conservative estimates on recreation charges for fees and services; the average increase over the past five years due to recovery from the impact of the COVID 19 pandemic in fiscal years 2020 and 2021. 7. Miscellaneous - Miscellaneous revenue is budgeted at $7.1 million in fiscal year 2024. This category includes a variety of revenue sources, including parking fines ($306,634), magistrate court fines and surcharges related to code enforcement ($280,731) and contributions and donations ($532,306). Also included within this category are internal chargebacks of $5.6 million to the City’s Capital Projects Fund for legal and engineering services, and to the enterprise funds for administrative services. The fiscal year 2024 revenue is an increase of

323