FY25 Proposed Budget

2024 2028 thru

Capital Improvement Plan 2024-2028 City of Iowa City, Iowa

FIRE

Department

Contact Scott Lyon

One Phase

Type

Z4411

Project #

40 Years

Useful Life

Project Name Fire Station #5 Construction and #3 Replacement

Fire

Category

GRANTEE NONE

PLAN None

Essential (2)

Priority

MATCH % NONE

TIF DISTRICT None

Active

Status

Total Project Cost: $10,000,000

Description The project is to construct a new Fire Station #5 and construct a new replacement Fire Station #3.

Justification The City is continuing to grow and expand which increases to need to add fire stations and reposition them for the changes in the City coverage areas in order to meet demand and maintain appropriate response times.

Expenditures

Total

2024

2025

2026

2027

2028

PLANNING/DESIGN

500,000

500,000

CONSTRUCTION

9,500,000

9,500,000

500,000

9,500,000

10,000,000

Total

Funding Sources

Total

2024

2025

2026

2027

2028

FACILITY REPLACEMENT RESERVE

500,000

9,500,000

10,000,000

500,000

9,500,000

10,000,000

Total

Budget Impact/Other Fire Station #5 will require new staffing, equipment, and facilities which will require considerable additional annual expenditures. The replacement of Fire Station #3 will most likely also increase annual operating expenditures even though it may be more efficient, it will require more costly insurance coverage and operating costs. The estimated increase in annual operating expenditures is $600,000 per year.

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