FY24 Adopted Budget

City of Iowa City Strategic Plan

Strategic Plan and the Financial Plan This Three-Year Financial Plan for fiscal years 2023 through 2025 and the fiscal year 2024 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 values, strategies, and action steps in the plan. As a result, this budget aims to provide resources that advance the following strategic plan priorities and initiatives that were adopted by the City Council. FY2023 – FY2028 City Council Strategic Plan This Strategic Plan builds on the City's previous plans to foster a more inclusive, just and sustainable Iowa City by prioritizing the physical, mental and economic well-being of all residents. Values • Partnerships and Engagement • Climate Action • Racial equity, social justice, and human rights Impact Areas & Strategies Neighborhoods & Housing • Update the City Comprehensive Plan and Zoning Code to encourage compact neighborhoods with diverse housing types and land uses. • Partner in projects that serve as models for desired future development. • Create inviting and active outdoor spaces with unique and engaging recreation offerings. • Address the unique needs of vulnerable populations and low-to-moderate income neighborhoods. Mobility • Expand the access and convenience of environmentally friendly and regionally connected public transit. • Design and maintain complete streets that are comfortable and safe for all users. • Grow and prioritize bike and pedestrian accommodations. Economy • Reinforce Iowa City as a premier community to locate and grow a business. • Ensure appropriate infrastructure is in place for future business growth and development. • Cultivate a strong entrepreneurial and small businesses ecosystem with a focus on creating new pathways to success for systemically marginalized populations. • Build Iowa City’s image as the Greatest Small City for the Arts. • Strengthen the Iowa River’s role as a signature community amenity and tourism generator.

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