FY24 Adopted Budget

Neighborhood and Development Services Department Division: Neighborhood Services Activity: Iowa City Property Management (490191)

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Revenues:

Use Of Money And Property Royalties & Commissions

$ $

-

$ $

-

$ $

-

$ $

19,678 $ 19,678 $

11,574 $ 11,574 $

11,574 11,574

Total Revenues

-

-

-

Expenditures:

Personnel

$ $

- -

$ $

- -

$ $

- -

$ $

19,678 $ 19,678 $

11,574 $ 11,574 $

11,574 11,574

Total Expenditures

* Moved from General Fund in Fiscal Year 2022

Division: Neighborhood Services Activity: Peninsula Apartments (490192)

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Revenues:

Use Of Money And Property Interest Revenues

$

3,253

$

928

$

879

$

1,000

$

2,022

$

2,022

Rents

62,244

65,816

79,506

65,820

79,506

79,506 81,528

Total Revenues

$

65,497 $

66,744 $

80,385 $

66,820 $

81,528 $

Expenditures: Services

$

45,853 $

56,185 $

76,420 $

55,566 $

66,078 $

67,400

Capital Outlay

-

-

-

-

-

Other Financial Uses

14,714

15,248

15,802

16,375

16,963

16,963 84,363

Total Expenditures

$

60,567 $

71,433 $

92,222 $

71,941 $

83,041 $

Division: Neighborhood Services Activity: Augusta Place Apartments (490116)

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents

$ $

-

$ $

18,418 $ 18,418 $

48,711 $ 48,711 $

49,100 $ 49,100 $

48,711 $ 48,711 $

48,711 48,711

Total Revenues

-

Expenditures: Services

$ $

- -

$ $

5,329 5,329

$ $

27,525 $ 27,525 $

28,312 $ 28,312 $

29,319 $ 29,319 $

29,905 29,905

Total Expenditures

Division: Neighborhood Services Activity: South District (490193)

2020

2021

2022

2023

2024

2025

Actual

Actual

Actual

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents

$ $

- -

$ $

- -

$ $

114,236 $ 114,236 $

103,725 $ 103,725 $

84,375 $ 84,375 $

84,375 84,375

Total Revenues

Expenditures: Services

$

- - -

$

- - -

$

60,768 $

58,235 $

47,375 $

48,323

Capital Outlay

24,358

45,490

37,000

-

Total Expenditures

$

$

$

85,126 $

103,725 $

84,375 $

48,323

408