FY25 Proposed Budget

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

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Royalties & Commissions

$ $

-

$ $

-

$ 11,574 $ $ 11,574 $

11,574 11,574

$ $

-

$ $

-

Total Revenues

-

-

-

-

Expenditures:

Personnel

$ $

- -

$ $

2,765 2,765

$ $

11,574 $ 11,574 $

11,574 11,574

$ $

3,000 3,000

$ $

3,000 3,000

Total Expenditures

* Moved from General Fund in Fiscal Year 2022

Division: Neighborhood Services Activity: Peninsula Apartments (490192)

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Interest Revenues

$

879

$

9,668

$

2,022

$

2,022

$

5,000

$

5,000

Rents

79,506

84,050

79,506

79,506

84,100

84,100 89,100

Total Revenues

$

80,385 $

93,718 $

81,528 $

81,528 $

89,100 $

Expenditures: Services

$

76,420 $

41,088 $

66,078 $

66,078 $

58,400 $

59,568 17,600 77,168

Other Financial Uses

15,802

16,375

16,963

16,963

17,600

Total Expenditures

$

92,222 $

57,463 $

83,041 $

83,041 $

76,000 $

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

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents

$ $

48,711 $ 48,711 $

48,608 $ 48,608 $

48,711 $ 48,711 $

48,711 $ 48,711 $

48,600 $ 48,600 $

48,600 48,600

Total Revenues

Expenditures: Services

$ $

27,525 27,525

$ $

4,962 4,962

$ $

29,319 $ 29,319 $

29,319 29,319

$ $

4,900 4,900

$ $

4,998 4,998

Total Expenditures

Division: Neighborhood Services Activity: South District (490193)

2022

2023

2024

2024

2025

2026

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents Miscellaneous Other Miscellaneous Revenue

$

114,236 $

98,631 $

84,375 $

84,375 $

60,525 $

60,525

-

45

-

-

-

-

Total Revenues

$

114,236 $

98,676 $

84,375 $

84,375 $

60,525 $

60,525

Expenditures: Services

$

60,768 $

58,002 $

47,375 $

47,375 $

52,525 $

53,576

Capital Outlay

24,358

10,835

37,000

37,000

8,000

-

Total Expenditures

$

85,126 $

68,837 $

84,375 $

84,375 $

60,525 $

53,576

401