Final FY25 Adopted Budget
2024 2028 thru
Capital Improvement Plan 2024-2028 City of Iowa City, Iowa
PUBLIC WORKS
Department
Contact Jason Havel
Annual
Type
S3824
Project #
20 years
Useful Life
Project Name Annual Pavement Rehabilitation
Street Operations
Category
GRANTEE NONE
PLAN None
Critical (1)
Priority
MATCH % NONE
TIF DISTRICT None
Active
Status
Total Project Cost: $29,012,622
Description Annual appropriation for resurfacing roadways and alleys including asphalt, concrete, and brick.
Justification This is project is necessary to maintain the city's street infrastructure at an acceptable level.
Prior
Expenditures
Total
2024
2025
2026
2027
2028
PLANNING/DESIGN
100,000
100,000
100,000
100,000
100,000
500,000
17,706,834
CONSTRUCTION
1,925,388
1,945,100
2,145,100
2,145,100
2,145,100
10,305,788
Total
INSPECTION
50,000
50,000
50,000
50,000
50,000
250,000
ADMINISTRATION
50,000
50,000
50,000
50,000
50,000
250,000
2,125,388
2,145,100
2,345,100
2,345,100
2,345,100
11,305,788
Total
Prior
Funding Sources
Total
2024
2025
2026
2027
2028
ROAD USE TAX FUND
2,000,000
2,000,000
2,200,000
2,200,000
2,200,000
10,600,000
17,706,834
UTILITY FRANCHISE TAX
125,388
145,100
145,100
145,100
145,100
705,788
Total
2,125,388
2,145,100
2,345,100
2,345,100
2,345,100
11,305,788
Total
Budget Impact/Other Replacing aged infrastructure will lower the City's operating expenditures through decreased maintenance costs. The estimated decrease in operating expenses is less than $10,000 per year.
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