FY25 Proposed Budget

2024 2028 thru

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

PUBLIC WORKS

Department

Contact Ron Knoche

Annual

Type

S3814

Project #

20 years

Useful Life

Project Name Annual Traffic Signal Projects

Street Operations

Category

GRANTEE NONE

PLAN None

Efficiency Improvement (3)

Priority

MATCH % NONE

TIF DISTRICT None

Active

Status

Total Project Cost: $3,020,000

Description This is an annual project to replace or add traffic signals at intersections with outdated traffic signal equipment or at dangerous and uncontrolled intersections.

Justification The addition and replacement of traffic signal equipment ensures the safe flow of traffic, maintains equipment with updated technology, provides for better fuel mileage consumption for motorists, and reduces traffic accidents due to unimproved intersections.

Prior

Expenditures

Total

2024

2025

2026

2027

2028

EQUIPMENT

200,000

300,000

300,000

300,000

300,000

1,400,000

1,620,000

200,000

300,000

300,000

300,000

300,000

1,400,000

Total

Total

Prior

Funding Sources

Total

2024

2025

2026

2027

2028

ROAD USE TAX FUND

200,000

300,000

300,000

300,000

300,000

1,400,000

1,620,000

200,000

300,000

300,000

300,000

300,000

1,400,000

Total

Total

Budget Impact/Other

584

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