FY27 Proposed Budget

City of Iowa City All Funds Expenditures by Fund

2024 Actual

2025 Actual

2026 Budget

2026 Revised

2027 Budget

2028 Projected

Budgetary Fund Expenditures

General Fund

10** General Fund

71,436,485 70,540,968

73,579,100 79,019,500

75,044,500

77,077,210

Special Revenue Funds 2100 CDBG

928,736 455,862

1,064,934 1,115,250 7,631,211

742,600 484,300

892,400

783,000 684,500

800,000 698,700

2110 HOME Grant

2,018,500 8,285,800

2200 Road Use Tax Fund

7,448,448

8,155,800

8,821,400 3,066,300

8,885,000 3,805,000

2250 Local Option Sales Tax Fund

-

-

-

-

2300 Other Shared Revenue

970,786 902,800

3,656,784

575,100 872,600

1,603,100 1,247,600 1,716,900 2,070,000 1,700,850 2,852,600 350,000

231,700 920,300

120,000 946,100

2350 Metro Planning Org of Johnson Co

948,701

2400 Employee Benefits 2450 Emergency Levy 2500 Affordable Housing

1,739,908

1,186,276

1,716,900

1,642,500

1,664,500

514,078

6,145

175,000

245,000

190,000

1,400,194

744,302 176,288

1,000,000

1,000,000

1,000,000

2510 Iowa City Property Management

189,624

417,850

504,300

225,916

26** Tax Increment Financing

2,161,319

2,926,244

2,702,600

2,729,600 1,097,600

2,485,500 1,125,800

2820 SSMID - Downtown

661,438

704,220

668,200

717,600

Debt Service Fund 5*** Debt Service Enterprise Funds 710* Parking

13,189,955 13,844,702

14,390,900 14,499,200

18,755,100

15,651,300

4,141,961 9,882,654 8,271,539

4,974,476

5,320,800

5,343,100 23,941,075 10,783,000

5,517,200 16,743,400 11,537,300 10,517,000 5,096,700 6,849,800

5,660,700 11,369,900 13,210,030 10,751,000 5,241,700 6,996,500

715* Transit

9,537,048 10,144,700 8,762,568 13,718,400

720* Wastewater

730* Water

10,590,603 10,385,802

10,864,300 11,751,400

7400 Refuse Collection

4,368,350 6,085,973

4,529,928 6,149,538

4,827,500 6,650,400

4,857,500 6,742,300

750* Landfill 7600 Airport

494,237 623,916

445,281 630,480

426,100 902,900

426,100 902,900

449,000 856,100

459,300 876,200

7700 Stormwater

79** Housing Authority

13,129,901 13,737,628

13,828,129 14,832,029

14,431,036

14,564,900

Capital Projects Fund

Governmental Projects

20,533,546 19,991,302 14,050,481 15,089,352

37,577,800 93,870,000 28,362,545 100,203,400

52,832,800 9,797,800

27,027,800 8,872,000

Enterprise Projects

Total Budgetary Expenditures

$ 194,172,794 198,779,428 $ $ 238,104,524 390,626,854 $ $ 250,153,936 $ 219,705,056

Non-Budgetary Funds Expenditures

Internal Service Funds 810* Equipment

6,700,574 2,043,847 3,214,444

6,690,234 1,293,605 3,258,541

7,963,900 10,137,300

7,796,500 1,454,400 3,490,000

8,101,800 1,486,300 3,505,400

8200 Risk Management

1,834,400 3,287,700

1,834,400 3,858,300

830* Information Technology

8400 Central Services 8500 Health Insurance 8600 Dental Insurance

170,690

187,465

199,300

199,300

211,000

202,200

10,601,094 10,540,653

12,746,000 12,746,000

12,026,000

12,627,300

399,145

393,199

410,200

410,200

417,500

425,900

Total Non-Budgetary Expenditures

$ 23,129,794 22,363,697 $ $ 26,441,500 29,185,500 $ $ 25,395,400 $ 26,348,900

Total Expenditures - All Funds

$ 217,302,588 221,143,125 $ $ 264,546,024 419,812,354 $ $ 275,549,336 $ 246,053,956

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