FY26 Proposed Budget

Goals, objectives, and performance measures

Partnerships and Engagement

Strategic Plan Value:

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 Goal:

Department Objective:

CY 2024 Projected

CY 2025 Estimate

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

CY 2021

CY 2022

CY 2023

$90,193

$41,767

$45,727

$59,229

$60,000

$201,345

$192,556

$204,191

$199,364

$210,000

FY 2025 Projected $18,170 $329,967 $348,137

FY 2026 Estimate $20,000 $500,000 $520,000

FY 2022

FY 2023

FY 2024

Donations & Grant Funding

Donations*

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

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

$18,977 $215,000 $233,977

Grant Funding*

Total

Per capita calculation

$7.33

$3.95

$3.16

$4.70

$7.03

* Amounts include both General Fund and Capital Improvement Project Funds

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

$0

FY 2022 FY 2023 FY 2024 FY 2025 Projected

FY 2026 Estimate

Donations* Grant Funding*

151