FY27 Proposed Budget

Neighborhood and Development Services Department

Division: Neighborhood Services Activity: Iowa City Property Management (490191)

2024

2025

2026

2026

2027

2028

Actual

Actual

Budget

Revised

Budget

Projected

Expenditures:

Personnel

1,978 1,978

13,755 13,755

4,500 4,500

4,500 4,500

4,500 4,500

4,500 4,500

Total Expenditures

$

$

$

$

$

$

Division: Neighborhood Services Activity: Peninsula Apartments (490192)

2024

2025

2026

2026

2027

2028

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Interest Revenues

20,290 77,332

21,538 87,677

5,000

5,000

5,400

5,400

Rents

70,000

70,000

87,700

87,700 93,100

Total Revenues

$

97,622 $

109,215 $

75,000 $

75,000 $

93,100 $

Expenditures: Services

55,205 16,969

82,676 17,585

61,700 210,800

61,700 210,800

341,500

60,000

Other Financial Uses

-

-

Total Expenditures

$

72,174 $

100,261 $

272,500 $

272,500 $

341,500 $

60,000

Division: Neighborhood Services Activity: Augusta Place Apartments (490116)

2024

2025

2026

2026

2027

2028

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents

50,448

57,146

50,400

50,400

62,100

62,100 62,100

Total Revenues

$

50,448 $

57,146 $

50,400 $

50,400 $

62,100 $

Expenditures: Services

3,258 3,258

2,569 2,569

6,200 6,200

6,200 6,200

10,500

10,700 10,700

Total Expenditures

$

$

$

$

$

10,500 $

Division: Neighborhood Services Activity: South District (490193)

2024

2025

2026

2026

2027

2028

Actual

Actual

Budget

Revised

Budget

Projected

Revenues:

Use Of Money And Property Rents

75,904

63,139

60,000

60,000

54,000

54,000 54,000

Total Revenues

$

75,904 $

63,139 $

60,000 $

60,000 $

54,000 $

Expenditures:

Personnel Services

4,526

844

-

-

-

-

50,307

28,250

53,700

53,700

41,700

42,500

Capital Outlay

4,457

-

-

-

-

-

Total Expenditures

$

59,290 $

29,094 $

53,700 $

53,700 $

41,700 $

42,500

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