FY25 Proposed Budget

Goals, objectives, and performance measures

Partnerships and Engagement

Strategic Plan Value: Department Goal:

Monitor/utilize endowments, donations, and grant funding sources to decrease reliance on general fund subsidies. (Strategic Goal: Evaluate alternative revenue sources.) Continue to work with the Iowa City Parks and Recreation Foundation and Community Foundation of Johnson County, which provides unique memorial opportunities and support of the Iowa City Parks and Recreation Department. Continue to research and apply for possible grant funding sources to benefit the Iowa City Parks and Recreation Department.

Department Objective:

CY 2023 Projected

CY 2024 Estimate

Performance Measures: Endowments Iowa City Parks and Recreation Foundation - Charitable Giving Fund Iowa City Parks & Recreation Foundation - Endowment Fund of Johnson Count

CY 2020

CY 2021

CY 2022

$99,659

$90,193

$41,767

$50,000

$50,000

$177,152

$201,345

$192,556

$210,000

$230,000

FY 2024 Projected $20,000 $250,000 $270,000

FY 2025 Estimate $20,000 $250,000 $270,000

FY 2021

FY 2022

FY 2023

Donations & Grant Funding

Donations*

$10,652 $261,450 $272,102

$17,376 $524,901 $542,277

$18,156 $250,000 $268,156

Grant Funding*

Total

Per capita calculation (used 2010 US Census)

$3.68

$7.33

$3.95

$3.98

$3.98

* Amounts include both General Fund and Capital Improvement Project Funds

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

$0

FY 2021 FY 2022 FY 2023 FY 2024 Projected

FY 2025 Estimate

Donations* Grant Funding*

150