FY26 Proposed Budget

City of Iowa City All Fund Summary Fiscal Year 2026

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 7/1/2025

37,792,868

3,541,825

7,250,913 2,349,907

6,170,250 25,342,809

14,039,947

Revenues

Property Taxes Other City Taxes

43,277,200 14,529,100

12,186,900

- - -

- - -

- - -

- - -

4,452,500 2,642,400 1,029,000 4,281,700 1,236,000 8,914,000

151,700

120,100

Licenses, Permits, & Fees Use of Money and Property

- -

-

52,400 154,700

30,400

279,300

83,700

355,900

Intergovernmental

598,400

-

4,398,800

-

-

Charges for Fees and Services

- - -

- -

6,514,500

828,300 13,516,300

11,647,200 1,027,700

Miscellaneous

590,000

69,000

65,000

Other Financial Sources

529,500

23,500

-

-

-

-

Sub-Total Revenues

66,362,300 15,279,200

12,537,600 7,134,900

5,575,400 13,665,000

13,030,800

Transfers In

13,460,200

-

1,471,100 1,500,000

6,085,300

5,365,100

3,410,474

Total Revenues & Transfers In

$ 79,822,500 15,279,200 $ $ 14,008,700 8,634,900 $ $ 11,660,700 19,030,100 $ $ 16,441,274

Expenditures by Department City Council

198,400 756,000

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

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

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

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

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

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

City Clerk

City Attorney City Manager

1,065,100 6,240,600 5,950,700 18,688,500 11,004,200 10,788,400 8,242,200 1,197,800 5,078,700 3,926,400

Finance

1,716,900 14,390,900

Police

Fire

Parks & Recreation

Library

Senior Center

Neighborhood & Dvlpmt Services

Public Works

13,718,400 10,864,300

Transportation Services

442,100

5,320,800 10,144,700

Airport

- - - -

Governmental Projects

Enterprise Projects

Internal Services Projects

Sub-Total Expenditures

73,579,100

1,716,900 14,390,900

5,320,800 10,144,700

13,718,400 10,864,300

Transfers Out

8,909,100 13,562,300

-

2,697,700

3,415,049

7,591,600

7,536,474

Total Expenditures & Transfers Out

$ 82,488,200 15,279,200 $ $ 14,390,900 8,018,500 $ $ 13,559,749 21,310,000 $ $ 18,400,774

Estimated Fund Balance 6/30/2026

35,127,168

3,541,825

6,868,713 2,966,307

4,271,201 23,062,909

12,080,447

Restricted, Committed, Assigned

8,228,424

-

-

1,118,236

2,827,366

1,385,268

962,302

Unassigned Fund Balance 6/30/2026

$ 26,898,744 $ 3,541,825 $ 6,868,713 1,848,071 $ $ 1,443,835 21,677,641 $ $ 11,118,146

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

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