Engineering

Real Estate Division - Real Estate Sales

Fiscal Year 2008 Property Sales
Project Inventory $ 899,424
City Inventory $ 72,015
Total FY07 Property Sales $ 971,439
 

Property Maintenance Endowment Fund
     City Inventory $ 72,015
     Less General Fund Deposit ($ 175,000)
Total FY07 Endowment Fund $ 778,715
 
Interest Earned $ 30,233
Endowment Fund Balance $ 778,715
 
 

Fiscal Year 2007 Property Sales
Project Inventory $ 584,876
City Inventory $ 566,832
Total FY07 Property Sales $ 1,151,708
 

Property Maintenance Endowment Fund
     City Inventory $ 566,832
     Less General Fund Deposit ($ 175,000)
Total FY07 Endowment Fund $ 391,832
 
Interest Earned $ 30,233
Endowment Fund Balance $ 778,715
 
 

Fiscal Year 2006 Property Sales
Project Inventory $ 1,009,237
City Inventory $ 82,030
Total FY06 Property Sales $ 1,091,267
 

Property Maintenance Endowment Fund
     City Inventory $ 82,030
     Less General Fund Deposit ($ 175,000)
Total FY06 Endowment Fund $ -
 
Interest Earned $ 16,825
Endowment Fund Balance $ 356,650
 
 

Fiscal Year 2005 Property Sales
Project Inventory $ 3,003,631
City Inventory $ 401,785
Total FY05 Property Sales $ 3,405,416
 

Property Maintenance Endowment Fund
     City Inventory $ 401,785
     Less General Fund Deposit ($ 175,000)
Total FY05 Endowment Fund $ 226,785
 
Interest Earned $ 7,151
Endowment Fund Balance $ 339,825
 
 

Fiscal Year 2004 Property Sales
Project Inventory $ 1,241,313
City Inventory $ 132,631
Total FY04 Property Sales $ 1,373,944
 

Property Maintenance Endowment Fund
     City Inventory $ 132,631
     Less General Fund Deposit ($ 175,000)
Total FY04 Endowment Fund $ -
 
Interest Earned $ 847
Endowment Fund Balance $ 105,889
 
 

Fiscal Year 2003 Property Sales
Project Inventory $ 490,311
City Inventory $ 280,042
Total FY03 Property Sales $ 770,353
 

Property Maintenance Endowment Fund
     City Inventory $ 280,042
     Less General Fund Deposit ($ 175,000)
Total FY03 Endowment Fund $ 105,042
 
Interest Earned $ -
Endowment Fund Balance $ 105,042
 
 

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City of Des Moines, Iowa
Engineering Department - Real Estate Division