Master Proposed Book FY2023

Iowa City Property Management (2510) Fund Summary

2019

2020

2021

2022

2023

2024

Actual

Actual

Actual

Revised

Budget

Projected

Fund Balance, July 1

$

276,298

$

192,000

$

207,222

$

212,153

$

220,552

$

291,965

Revenues:

Use Of Money And Property Interest Revenues

$

1,000

$

4,374 66,431

$

3,253 62,244

$

928

$

2,000

$

1,000

218,645 19,678 239,323 19,678 71,941 28,312 103,725 223,656 291,965

Rents

84,234

115,534 10,399 127,933

218,645 19,678 239,323 19,678 73,052 28,878 79,400 201,008 330,280

Royalties & Commissions

-

-

-

Total Revenues Expenditures:

$

$

70,805

$

65,497

$

85,162

$

$

$

Iowa City Property Management

$

-

$

-

$

-

$

10,399 57,212

$

Peninsula Apartments

55,583

60,567

71,433

Augusta Place Apartments South District Townhomes

- -

- -

5,329

4,576

-

-

Total Expenditures Fund Balance, June 30

$ $

$ $

55,583 207,222

$ $

60,567 212,153

$ $

76,763 220,552

$ $

72,187 276,298

$ $

-

Restricted / Committed /Assigned

-

-

-

-

-

Unassigned Balance

$

291,965

$

207,222

$

212,153

$

220,552

$

276,298

$

330,280

%of Revenues

131%

373%

350%

287%

383%

164%

408