FY27 Proposed Budget

L andfill Fund

The Landfill Fund accounts for the business-like operations o f the City’s municipal la ndfill and recycling operations. The Landfill fund is primarily supported by user fees.

Fund Balance: The Landfill F und’s total fund balance on June 30, 2025 was approximately $26.6 million, which was a 18.1% increase from fiscal year 2024. Of the $26.6 million, $22.4 million was restricted in use per Iowa State code for site closure, post closure, and environmental protection costs and reserved for landfill cell replacement. The overall fund balance increase was primarily due to reduced funding of capital projects in fiscal year 2025.

Fund Balance (1)

$35,000,000

$30,000,000

$25,000,000

$20,000,000

$15,000,000

$10,000,000

$5,000,000

$0

FY2024

FY2025

FY2026

FY2027

FY2028

Unassigned

$3,395,668

$4,196,380

$4,052,480

$3,013,980

$2,652,680

Unassigned

$19,113,126

$22,397,312

$24,020,912

$25,209,612

$26,694,012

(1) FY26 - FY28 figures are estimates

The fiscal year revised 2026 unassigned fund balance is $4,052,480 which is a 3.4% or $143,900 decrease over the fiscal year 2025 unassigned fund balance. The projected decrease is primarily due to capital project funding. The fiscal year 2027 unassigned fund balance is projected to decrease $1,038,500 or 25.6% to $3,013,980. This decrease is due to funding for capital projects. The Landfill maintains a reserve for the cell replacement. Starting in fiscal year 2025, $900,000 will be transferred from the Landfill fund into the Landfill Cell Replacement The projected balance in the Landfill Cell Replacement Reserve at the end of fiscal year 2027 is $7.7 million not including projected outstanding loan balances of $518,738 to the Parking Fund, $1,215,169 to the General Fund, and $810,112 to the Road Use Tax Fund.

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