Fiscal Year 2027 Budget Presentation

The City of Coralville, Iowa, held a Fiscal Year 2027 Budget Presentation on April 29, 2026, focusing on maintaining the property tax levy rate while funding infrastructure needs and city services. Key procurement-related discussions included budget allocations for capital improvement projects such as the Evergreen Road extension, Hotland Drive and Commerce Drive roundabout, solid waste recycling center, Cardinal Boulevard and Kennedy Parkway improvements, and a new recreation center with an indoor pool estimated at $54 million. The budget also proposed increases in utility fees and solid waste collection fees to support operations and capital improvements. Additionally, the city plans to use revenues from a newly approved local option tax to fund the recreation center, property tax relief, and other projects. Expenditures include police vehicle replacements and library materials following vendor changes. The budget anticipates general fund revenues of approximately $36.5 million and enterprise fund revenues of about $40.3 million, with expenditures aligned accordingly.