FY27 Proposed Budget

City of Iowa City All Fund Summary Fiscal Year 2027

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 7/1/2026

38,625,195

3,430,559

7,108,878

3,544,624

3,925,656 18,785,459

11,084,192

Revenues

Property Taxes Other City Taxes

44,507,400 15,580,300

12,207,500

- - -

- - -

- - -

- - -

4,339,000 2,549,000 1,042,100 4,216,200 1,229,700 9,016,700

162,900

124,000

Licenses, Permits, & Fees Use of Money and Property

- -

-

132,000 107,300

38,600

343,100

153,800

395,200

Intergovernmental

628,000

-

9,031,700

-

-

Charges for Fees and Services

- - -

- - -

6,364,600

929,152 13,912,300

11,824,600 1,044,600

Miscellaneous

668,500

81,600

86,800

Other Financial Sources

510,100

-

-

-

-

Sub-Total Revenues

67,410,200 16,371,200

12,570,800

7,071,700 10,385,552

14,152,900 13,264,400

Transfers In

14,890,100

-

2,298,500

1,500,000

6,479,300

3,738,200

3,032,000

Total Revenues & Transfers In

$ 82,300,300 16,371,200 $ $ 14,869,300 $ 8,571,700 16,864,852 $ $ 17,891,100 16,296,400 $

Expenditures by Department City Council

195,500 670,300

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

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

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

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

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

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

City Clerk

City Attorney City Manager

1,118,300 6,450,400 6,110,600 18,642,200 11,184,200 11,226,600 8,442,500 1,246,100 5,276,500 4,023,500

Finance

1,642,500 18,755,100

Police

Fire

Parks & Recreation

Library

Senior Center

Neighborhood & Dvlpmt Services

Public Works

11,537,300 10,517,000

Transportation Services

457,800

5,517,200 16,743,400

Airport

-

-

-

-

Governmental Projects

- - -

- - -

- - -

- - -

Enterprise Projects

Internal Services Projects

Sub-Total Expenditures

75,044,500

1,642,500 18,755,100

5,517,200 16,743,400

11,537,300 10,517,000

Transfers Out

10,089,700 14,701,100

-

3,074,200

775,000

5,572,200

6,000,000

Total Expenditures & Transfers Out

$ 85,134,200 16,343,600 $ $ 18,755,100 $ 8,591,400 17,518,400 $ $ 17,109,500 16,517,000 $

Estimated Fund Balance 6/30/2027

35,791,295

3,458,159

3,223,078

3,524,924

3,272,108 19,567,059

10,863,592

Restricted, Committed, Assigned

8,300,965

-

-

1,093,236

1,353,495

3,470,265

1,710,843

Unassigned Fund Balance 6/30/2027

$ 27,490,330 $ 3,458,159 $ 3,223,078 $ 2,431,688 $ 1,918,613 16,096,794 $ $ 9,152,750

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

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