FY27 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 2025 Projected

CY 2026 Estimate

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

CY 2022

CY 2023

CY 2024

$41,767

$45,727

$42,123

$46,031

$46,209

$192,556

$204,191

$235,628

$280,801

$302,337

FY 2026 Projected $26,144 $210,000 $236,144

FY 2027 Estimate $19,798 $210,000 $229,798

FY 2023

FY 2024

FY 2025

Donations & Grant Funding

Donations*

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

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

$32,491 $225,000 $257,491

Grant Funding*

Total

Per capita calculation

$3.95

$3.16

$3.48

$3.19

$3.11

$300,000

$250,000

$200,000

$150,000

$100,000

$50,000

$0

FY 2023 FY 2024 FY 2025 FY 2026 Projected

FY 2027 Estimate

Donations* Grant Funding*

134