FY25 Proposed Budget

City of Iowa City All Fund Summary Fiscal Year 2025

Employee

General Water Fund (10**) Fund (2400) Fund (50**) Fund (710*) Fund (715*) Fund (720*) Fund (730*) Benefits Debt Service Parking Transit Wastewater

Estimated Fund Balance 7/1/2024

$ 49,032,243 $ 3,905,520 $ 6,888,310 1,924,841 $ $ 6,425,074 21,903,810 $ $14,109,124

Revenues

Property Taxes Other City Taxes

$ 42,127,400 14,503,900 $ $ 11,527,800

$

- - -

$

- - -

$

- - -

$

- - -

3,308,000 2,587,900 1,018,100 4,394,434 1,243,150 7,313,701

151,700

116,600

Licenses, Permits, & Fees Use of Money and Property

- -

-

54,500 224,500

24,980

274,400

80,200

331,000

Intergovernmental

680,300

-

6,674,700

-

-

Charges for Fees and Services

- - -

- -

8,348,835

910,200 13,208,100

11,079,200

Miscellaneous

490,000

69,000

65,200

840,000

Other Financial Sources

540,600

65,200

-

-

-

-

Sub-Total Revenues

62,533,285 15,335,900

11,988,600 8,863,815

7,928,300 13,353,500

12,250,200

Transfers In

13,753,900

-

1,562,200 1,500,000

4,997,200

5,375,000 1,872,200

Total Revenues & Transfers In

$ 76,287,185 15,335,900 $ $ 13,550,800 10,363,815 $ $ 12,925,500 18,728,500 $ $14,122,400

Expenditures by Department City Council

$

192,500 636,705 965,048

$

- - - - - - - - - - - - - - - -

$

- - - - - - - - - - - - - - - -

$

- - - - - - - - - - - -

$

- - - - - - - - - - - -

$

- - - - - - - - - - - - - - - -

$

- - - - - - - - - - - - - - - -

City Clerk

City Attorney City Manager

6,099,840 5,529,700 17,849,695 11,178,075 10,639,040 7,887,900 1,147,250 4,924,846 3,668,600

Finance

1,146,925 13,787,740

Police

Fire

Parks & Recreation

Library

Senior Center

Neighborhood & Dvlpmt Services

Public Works

12,714,600 10,356,952

Transportation Services

413,700

5,124,974 11,955,550

Airport

-

-

-

Governmental Projects

- - -

- - -

- - -

Enterprise Projects

Internal Services Projects

Sub-Total Expenditures

71,132,899

1,146,925 13,787,740

5,124,974 11,955,550

12,714,600 10,356,952

Transfers Out

16,932,800 14,224,200

-

3,244,800

2,955,500

6,732,500 3,640,200

Total Expenditures & Transfers Out

$ 88,065,699 15,371,125 $ $ 13,787,740 8,369,774 $ $ 14,911,050 19,447,100 $ $13,997,152

Estimated Fund Balance 6/30/2025

$ 37,253,730 $ 3,870,295 $ 6,651,370 3,918,882 $ $ 4,439,524 21,185,210 $ $14,234,372

Restricted, Committed, Assigned

13,628,555

-

-

498,702

2,761,556

8,317,873 4,965,050

Unassigned Fund Balance 6/30/2025

$ 23,625,175 $ 3,870,295 $ 6,651,370 3,420,180 $ $ 1,677,968 12,867,336 $ $ 9,269,322

Additional information regarding changes in fund balances can be found within individual fund summaries.

296