FY27 Proposed Budget

CITY OF IOWA CITY, IOWA

FY2027 Proposed Budget

FY2026 – 2028 Financial Plan 2026 – 2030 Capital Improvement Plan

TABLE OF CONTENTS

PAGE

Introduction City Manager Address….....................................................................................................…......................................................................................................... 10 Strategic Plan…..............................................................................................................................….............................................................................................. 32 Other Planning Processes…..............................................................................................................................….......................................................................... 34 General Information…..............................................................................................................................….................................................................................... 37 Economic Overview…..............................................................................................................................….................................................................................... 41 Organizational Chart …..............................................................................................................................….................................................................................. 45 Department Summaries…..............................................................................................................................….............................................................................. 46 Budgetary Fund Structure…..............................................................................................................................…........................................................................... 240 Departments and Divisions by Fund…..............................................................................................................................…........................................................... 243 Financial Summary Preparation of the Financial Plan…..............................................................................................................................…............................................................... 247 Financial and Fiscal Policies…..............................................................................................................................…...................................................................... 253 Long Range Financial Planning…..............................................................................................................................…................................................................. 260 All Funds: Fund Summaries…..............................................................................................................................….................................................................................. 264 Revenue Summary by Fund…..............................................................................................................................…................................................................ 269 Revenue Summary by Type…..............................................................................................................................…................................................................ 270 Expenditure Summary by Fund…..............................................................................................................................…........................................................... 272 Expenditure Summary by Department…..............................................................................................................................…................................................ 273 Inter Fund Transfer Schedules…..............................................................................................................................…............................................................ 274 Personnel Full-Time Equivalents …..............................................................................................................................…............................................................... 277 General Fund General Fund Summary…..............................................................................................................................….............................................................................. 281 Assigned, Committed & Restricted Fund Balance…..............................................................................................................................…..................................... 293 General Fund Revenues…..............................................................................................................................…............................................................................. 294 General Fund Expenditures…..............................................................................................................................…........................................................................ 295 City Council…..............................................................................................................................…................................................................................................. 296 City Clerk…..............................................................................................................................…..................................................................................................... 296 City Attorney…..............................................................................................................................…................................................................................................ 297 City Manager: City Manager’s Office…..............................................................................................................................…........................................................................... 298 Communications Office…..............................................................................................................................…........................................................................ 299 Human Resources…..............................................................................................................................…............................................................................... 300 Human Rights…..............................................................................................................................…...................................................................................... 300 Economic Development..............................................................................................................................….......................................................................... 301 Climate Action and Outreach…..............................................................................................................................…............................................................... 302 Finance Department: Finance Administration…..............................................................................................................................…........................................................................ 303 Accounting …..............................................................................................................................….......................................................................................... 304 Purchasing…..............................................................................................................................…........................................................................................... 305 Revenue…..............................................................................................................................…............................................................................................... 305 Police Department: Police Administration…..............................................................................................................................…........................................................................... 306 Support Services…..............................................................................................................................….................................................................................. 306 Field Operations…..............................................................................................................................…................................................................................... 309

5