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HomeMy WebLinkAboutFY22_Annual_Financial_ReportSTATE OF IOWA 2022 FINANCIAL REPORT FISCAL YEAR ENDED JUNE 30, 2022 CITY OF WATERLOO, IOWA DUE: December 1, 2022 16200701000000 CITY OF WATERLOO 715 Mulberry Street WATERLOO IA 50703-5783 POPULATION: 67314 NOTE - The information supplied in this report will be shared by the Iowa State Auditor's Office, the U.S. Census Bureau, various public interest groups, and State and federal agencies. ALL FUNDS Governmental (a) Proprietary (b) Total Actual (c) Budget (d) Revenues and Other Financing Sources Taxes Levied on Property 43,147,054 43,147,054 43,275,701 Less: Uncollected Property Taxes -Levy Year 0 0 0 Net Current Property Taxes 43,147,054 43,147,054 43,275,701 Delinquent Property Taxes 74,029 74,029 0 TIF Revenues 10,644,212 10,644,212 10,699,761 Other City Taxes 23,818,946 0 23,818,946 18,833,611 Licenses and Permits 1,354,054 13,309 1,367,363 1,429,835 Use of Money and Property 1,642,866 18,509 1,661,375 1,413,850 Intergovernmental 44,915,464 274,415 45,189,879 45,164,675 Charges for Fees and Service 12,971,549 24,145,630 37,117,179 35,480,907 Special Assessments 285,283 0 285,283 198,000 Miscellaneous 10,632,860 9,624 10,642,484 10,589,029 Other Financing Sources 24,543,046 15,198,006 39,741,052 42,364,941 Transfers In 23,354,654 0 23,354,654 24,158,608 Total Revenues and Other Sources 197,384,017 39,659,493 237,043,510 233,608,918 Expenditures and Other Financing Uses Public Safety 38,425,054 38,425,054 40,023,043 Public Works 32,274,890 32,274,890 36,271,779 Health and Social Services 288,003 288,003 339,554 Culture and Recreation 11,152,919 11,152,919 12,479,907 Community and Economic Development 15,524,582 15,524,582 20,430,986 General Government 7,926,757 7,926,757 11,102,803 Debt Service 13,463,364 13,463,364 13,609,825 Capital Projects 39,336,880 39,336,880 57,565,479 Total Governmental Activities Expenditures 158,392,449 0 158,392,449 191,823,376 BUSINESS TYPE ACTIVITIES 31,518,786 31,518,786 39,503,194 Total All Expenditures 158,392,449 31,518,786 189,911,235 231,326,570 Other Financing Uses 0 0 0 Transfers Out 21,117,134 2,237,520 23,354,654 24,158,608 Total All Expenditures/and Other Financing Uses 179,509,583 33,756,306 213,265,889 255,485,178 Excess Revenues and Other Sources Over (Under) Expenditures/and Other Financing Uses 17,874,434 5,903,187 23,777,621 -21,876,260 Beginning Fund Balance July 1, 2021 101,820,049 18,684,886 120,504,935 88,091,629 Ending Fund Balance June 30, 2022 119,694,483 24,588,073 144,282,556 66,215,369 NOTE - These balances do not include the following, which were not budgeted and are not available for c.ty operations: Non -budgeted Internal Service Funds Pension Trust Funds Private Purpose Trust Funds Agency Funds 6,043 Indebtedness at June 30, 2022 Amount Indebtedness at June 30, 2022 Amount General Obligation Debt 116,550,000 Other Long -Term Debt 3,361,714 Revenue Debt 31,422,503 Short -Term Debt 0 TIF Revenue Debt 6,969,127 General Obligation Debt Limit 204,491,592 CERTIFICATION The forgoing report is correct to the best of my knowledge and belief &44ett Z Ja t SIGNED Publication Signature of Preparer Printed name of Preparer Bridgett Wood Phone Number 319-291-4323 Queltio rt Ng Date Signed 11/21/2022 Signature of Mayor or other City official (Name and Title) PLEASE PUBLISH THIS PAGE ONLY REVENUE P2 CITY OF WATERLOO REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2022 GAAP / Modified Item Description General (a) Special Revenue (b) TIF Special Revenue (c) Debt Service (d) Capital Projects (e) Permanent (f) 1 Total Governmental (Sum of (a) through (1)) (g) Proprietary (h) Grand Total (Sum of (g) and (h)) (i) Section A - Taxes 1 1 Taxes levied on property 2 22,704,856 13,088,420 7,353,778 43,147,054 43,147,054 2 Less: Uncollected Property Taxes - Levy Year 3 0 0 3 Net Current Property Taxes 4 22,704,856 13,088,420 7,353,778 0 0 43,147,054 43,147,054 4 Delinquent Property Taxes 5 39,057 22,677 12,295 74,029 74,029 5 Total Property Tax 6 22,743,913 13,111,097 7,366,073 0 0 43,221,083 43,221,083 6 TIF Revenues 7 10,644,212 10,644,212 10,644,212 7 Other City Taxes Utility Tax Replacement Excise Taxes 8 744,036 429,743 212,454 1,386,233 1,386,233 8 Utility Franchise Tax (Chapter 364.2, Code of Iowa) 9 5,371,020 5,371,020 5,371,020 9 Parimutuel Wager Tax 10 0 0 10 Gaming Wager Tax 11 1,491,517 1,491,517 1,491,517 11 Mobile Home Tax 12 40,867 23,618 11,637 76,122 76,122 12 Hotel / Motel Tax 13 1,391,419 1,391,419 1,391,419 13 Other Local Option Taxes 14 206,895 13,895,740 14,102,635 14,102,635 14 Total Other City Taxes 15 9,245,754 14,349,101 224,091 0 0 23,818,946 0 23,818,946 15 Section B - Licenses and Permits 16 1,325,649 28,405 1,354,054 13,309 1,367,363 16 Section C - Use of Money and Property 17 17 Interest 18 95,219 38,293 14,404 5,197 40,641 193,754 18,509 212,263 18 Rents and Royalties 19 1,199,899 201,213 48,000 1,449,112 1,449,112 19 Other Miscellaneous Use of Money and Property 20 0 0 20 21 0 0 21 Total Use of Money and Property 22 1,295,118 239,506 14,404 53,197 40,641 0 1,642,866 18,509 1,661,375 22 Section D - Intergovernmental 24 24 Federal Grants and Reimbursements 26 26 Federal Grants 27 16,007,720 6,717,589 22,725,309 22,725,309 27 Community Development Block Grants 28 1,980,135 1,980,135 1,980,135 28 Housing and Urban Development 29 6,073,880 6,073,880 6,073,880 29 Public Assistance Grants 30 14,056 106 14,162 791 14,953 30 Payment in Lieu of Taxes 31 0 0 31 32 0 0 32 Total Federal Grants and Reimbursements 33 16,021,776 14,771,710 0 0 0 30,793,486 791 30,794,277 33 REVENUE P3 CITY OF WATERLOO REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2022 GAAP / Modified Item Description General (a) Special Revenue (b) TIF Special Revenue (c) Debt Service (d) Capital Projects (e) Permanent (f) Total Governmental (Sum of (a) through (f)) (g) Proprietary (h) Grand Total (Sum of (g) and (h)) (i) Section D - Intergovernmental - Continued 41 41 State Shared Revenues 43 43 Road Use Taxes 44 9,332,289 9,332,289 9,332,289 44 Other state grants and reimbursements 48 48 State grants 49 37,320 146,492 183,812 183,812 49 Iowa Department of Transportation 50 1,422,705 1,422,705 1,422,705 50 Iowa Department of Natural Resources 51 0 0 51 Iowa Economic Development Authority 52 40,226 40,226 40,226 52 CEBA grants 53 0 0 53 Commercial & Industrial Replacement Claim 54 871,846 503,564 53,979 257,993 1,687,382 1,687,382 54 STATE SHARE - BEER/LIQUOR 55 134,103 134,103 134,103 55 56 0 0 56 57 0 0 57 58 0 0 58 59 0 0 59 Total State 60 1,043,269 11,405,050 53,979 257,993 40,226 0 12,800,517 0 12,800,517 60 Local Grants and Reimbursements County Contributions 63 0 0 63 Library Service 64 61,189 61,189 61,189 64 Township Contributions 65 41,215 41,215 41,215 65 Fire/EMT Service 66 0 0 66 LOCAL GOVERNMENT - SCHOOLS (SCHOOL RESOURCE OFFICERS) 67 299,081 766,205 151,604 1,216,890 273,624 1,490,514 67 SHARED LOCAL/SCHOOLS - (WWW REIMB FOR PHONES) Metro Coalition 68 2,167 2,167 2,167 68 69 0 0 69 Total Local Grants and Reimbursements 70 403,652 766,205 0 0 151,604 0 1,321,461 273,624 1,595,085 70 Total Intergovernmental (Sum of lines 33, 60, and 70) 71 17,468,697 26,942,965 53,979 257,993 191,830 0 44,915,464 274,415 45,189,879 71 Section E -Charges for Fees and Service 72 72 Water 73 0 0 73 Sewer 74 0 15,310,620 15,310,620 74 Electric 75 0 0 75 Gas 76 0 0 76 Parking 77 435,319 435,319 435,319 77 Airport 78 316,572 73,541 390,113 390,113 78 Landfill/garbage 79 0 5,912,574 5,912,574 79 Hospital 80 0 0 80 REVENUE P4 CITY OF REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, GAAP / Modified Item Description General (a) Special Revenue (b) TIF Special Revenue (c) Debt Service (d) Capital Projects (e) Permanent (t) Total Governmental (Sum of (a) through (f)) (g) Proprietary (h) Grand Total (Sum of (g) and (h)) (i) Section E - Charges for Fees and Service - Continued 81 81 Transit 82 0 0 82 Cable TV 83 0 0 83 Internet 84 0 0 84 Telephone 85 0 0 85 Housing Authority 86 0 0 86 Storm Water 87 0 2,922,436 2,922,436 87 Other: 88 88 Nursing Home 89 0 0 89 Police Service Fees 90 432,436 432,436 432,436 90 Prisoner Care 91 0 0 91 Fire Service Charges 92 137,544 137,544 137,544 92 Ambulance Charges 93 5,611,039 5,611,039 5,611,039 93 Sidewalk Street Repair Charges 94 0 0 94 Housing and Urban Renewal Charges 95 113,319 113,319 113,319 95 River Port and Terminal Fees 96 0 0 96 Public Scales 97 0 0 97 Cemetery Charges 98 0 0 98 Library Charges 99 5,991 5,991 5,991 99 Park, Recreation, and Cultural Charges 100 3,694,522 3,694,522 3,694,522 100 Animal Control Charges 101 0 0 101 Service Charges 102 97,728 97,728 97,728 102 103 2,053,538 2,053,538 2,053,538 103 Total Charges for Service 104 12,686,961 284,588 0 0 0 0 12,971,549 24,145,630 37,117,179 104 Section F - Special Assesments 106 285,283 285,283 285,283 106 Section G - Miscellaneous 107 107 Contributions 108 323,950 1,529,720 1,853,670 1,853,670 108 Deposits and Sales/Fuel Tax Refunds 109 53,408 130,217 183,625 183,625 109 Sale of Property and Merchandise 110 1,170,015 1,170,015 1,170,015 110 Fines 111 1,185,384 1,185,384 1,185,384 111 Internal Service Charges 112 3,573,353 50,000 3,623,353 3,623,353 112 Insurance Refunds 113 1,530,146 1,530,146 1,530,146 113 Employee/Retiree Health Plan Contributions 114 1,047,565 1,047,565 1,047,565 114 Other Miscellaneous 115 37,772 1,330 0 39,102 9,624 48,726 115 116 0 0 116 117 0 0 117 118 0 0 118 119 0 0 119 Total Miscellaneous 120 7,751,578 181,547 1,170,015 0 1,529,720 0 10,632,860 9,624 10,642,484 120 REVENUE P5 CITY OF REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, GAAP / Modified Item Description General (a) Special Revenue (b) TIF Special Revenue (c) SeDebt rnce Capital Projects (e) Permanent (0(a) Total Governmental (Sum of through (f)) (g) Proprietary (h) Grand Total (Sum of (g) and (h)) (i) Total All Revenues (Sum of lines 6, 7, 15,16,22, 71, 104, 106, and 120) 121 72,802,953 55,137,209 11,882,610 7,901,354 1,762,191 0 149,486,317 24,461,487 173,947,804 121 Section H - Other Financing Sources 123 123 Proceeds of capital asset sales 124 379,892 379,892 28,710 408,602 124 Proceeds of long-term debt (Excluding TIF internal borrowing) 125 24,163,154 24,163,154 15,169,296 39,332,450 125 Proceeds of anticipatory warrants or other short-term debt 126 0 0 126 Regular transfers in and interfund loans 127 9,061,917 2,998,614 2,367,520 0 14,428,051 14,428,051 127 Internal TIF loans and transfers in 128 150,577 0 0 3,150,539 5,625,487 8,926,603 8,926,603 128 129 0 0 129 130 0 0 130 Total Other Financing Sources 131 9,592,386 2,998,614 0 5,518,059 29,788,641 0 47,897,700 15,198,006 63,095,706 131 Total Revenues Except for Beginning Balances (Sum of lines 121 and 131) 132 82,395,339 58,135,823 11,882,610 13,419,413 31,550,832 0 197,384,017 39,659,493 237,043,510 132 Beginning Fund Balance July 1, 2021 134 43,066,922 30,915,826 5,168,469 967,903 21,700,929 101,820,049 18,684,886 120,504,935 134 Total Revenues and Other Financing Sources (Sum of lines 132 and 134) 136 125,462,261 89,051,649 17,051,079 14,387,316 53,251,761 0 299,204,066 58,344,379 357,548,445 136 EXPENDITURES P6 CITY OF WATERLOO EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2022 GAAP / Modified Item Description Line General (a) Special Revenue (b) TIF Special Revenue (c) Debt Service (d) Capital Projects (e) Permanent (1) Total Governmental (Sum of cols. (a) through (f)) (g) Proprietary (h) Grand Total (Sum of col. (g)) (i) Line Section A - Public Safety 1 1 Police Department/Crime Prevention 2 17,483,373 2,562,288 20,045,661 20,045,661 2 Jail 3 0 0 3 Emergency Management 4 96,039 96,039 96,039 4 Flood control 5 0 0 5 Fire Department 6 11,005,350 2,232,225 13,237,575 13,237,575 6 Ambulance 7 3,719,675 3,719,675 3,719,675 7 Building Inspections 8 1,326,104 1,326,104 1,326,104 8 Miscellaneous Protective Services 9 0 0 9 Animal Control 10 0 0 0 10 Other Public Safety 11 0 0 11 12 0 0 12 13 0 0 13 Total Public Safety 14 33,630,541 4,794.513 0 0 0 38,425,054 38,425,054 14 Section B - Public Works 15 15 Roads, Bridges, Sidewalks 16 294,045 18,081,166 18,375,211 18,375,211 16 Parking Meter and Off -Street 17 340,846 340,846 340,846 17 Street Lighting 18 516,571 516,571 516,571 18 Traffic Control Safety 19 1,631,695 1,631,695 1,631,695 19 Snow Removal 20 1,539,196 1,539,196 1,539,196 20 Highway Engineering 21 0 0 21 Street Cleaning 22 0 0 22 Airport (if not an enterprise) 23 1,123,017 3,760,281 4,883,298 4,883,298 23 Garbage (if not an enterprise) 24 0 0 24 Other Public Works 25 0 0 25 MET Transit 26 1,464,926 1,464,926 1,464,926 26 Other Public Works 27 3,523,147 3,523,147 3,523,147 27 Total Public Works 28 6,745,981 25,528,909 0 0 0 32,274,890 32,274,890 28 Section C - Health and Social Services 29 29 Welfare Assistance 30 0 0 30 City Hospital 31 0 0 31 Payments to Private Hospitals 32 0 0 32 Health Regulation and Inspections 33 0 0 33 Water, Air, and Mosquito Control 34 0 0 34 Community Mental Health 35 0 0 35 Other Health and Social Services 36 288,003 288,003 288,003 36 37 0 0 37 38 0 0 38 Total Health and Social Services 39 288,003 0 0 0 0 288,003 288,003 39 Section D - Culture and Recreation 40 40 Library Services 41 2,583,849 0 2,583,849 2,583,849 41 Museum, Band, Theater 42 1,096,654 1,096,654 1,096,654 42 Parks 43 3,109,024 3,109,024 3,109,024 43 Recreation 44 3,404,101 3,404,101 3,404,101 44 Cemetery 45 60,000 60,000 60,000 45 Community Center, Zoo, Marina, and Auditorium 46 899,291 899,291 899,291 46 Other Culture and Recreation 47 0 0 47 48 0 0 48 49 0 0 49 Total Culture and Recreation 50 11,152,919 0 0 0 0 11,152,919 11,152,919 50 EXPENDITURES P7 CITY OF EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, -- Continued GAAP / Modified Item description Line General (a) Special Revenue (b) TIF Special Revenue (c) vic e Service Capital Projects (e) Permanent (f) Total Governmental (Sum of cols. (a) through (f)) (g) Proprietary (h) Grand Total (Sum of col. (g)) (i) Line Section E - Community and Economic Development 51 51 Community beautification 52 0 0 52 Economic development 53 1,779,033 120 1,779,153 1,779,153 53 Housing and urban renewal 54 0 8,739,368 8,739,368 8,739,368 54 Planning and zoning 55 668,727 668,727 668,727 55 Other community and economic development 56 1,644,830 138,500 1,783,330 1,783,330 56 TIF Rebates 57 2,554,004 2,554,004 2,554,004 57 58 0 0 58 Total Community and Economic Development 59 4,092,590 8,739,488 2,692,504 0 0 0 15,524,582 15,524,582 59 Section F - General Government 60 60 Mayor, Council and City Manager 61 969,805 969,805 969,805 61 Clerk, Treasurer, Financial Administration 62 1,292,220 1,292,220 1,292,220 62 Elections 63 32,500 32,500 32,500 63 Legal Services and City Attorney 64 247,715 247,715 247,715 64 City Hall and General Buildings 65 713,074 713,074 713,074 65 Tort Liability 66 2,062,379 2,062,379 2,062,379 66 Other General Government 67 2,593,203 15,861 2,609,064 2,609,064 67 68 0 0 68 69 0 0 69 Total General Government 70 7,910,896 15,861 0 0 0 7,926,757 7,926,757 70 Section G - Debt Service 71 13,463,364 13,463,364 13,463,364 71 72 0 0 72 73 0 0 73 Total Debt Service 74 0 0 0 13,463,364 0 0 13,463,364 13,463,364 74 Section H - Regular Capital Projects - Specify 75 75 Infra and Capital Bldgs 76 6,732,914 10,250,991 16,983,905 16,983,905 76 Vehicles and Equipment 77 243,879 2,473,746 2,717,625 2,717,625 77 Subtotal Regular Capital Projects 78 0 6,976,793 0 12,724,737 0 19,701,530 19,701,530 78 TIF Capital Projects - Specify 79 79 TIF Districts - Economic Dev. 80 19,635,350 19,635,350 19,635,350 80 81 0 0 81 Subtotal TIF Capital Projects 82 0 0 0 19,635,350 0 19,635,350 19,635,350 82 Total Capital Projects 83 0 6,976,793 0 32,360,087 0 39,336,880 39,336,880 83 Total Governmental Activities Expenditures 84 63,820,930 46,055,564 2,692,504 13,463,364 32,360,087 0 158,392,449 158,392,449 84 (Sum of lines 14, 28, 39, 50, 59, 70, 74, 83) 85 85 TIF Rebates are expended out of the TIF Special Revenue Fund within the Community and Economic Development program's activity "0 her" EXPENDITURES P8 CITY OF EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, -- Continued GAAP / Modified Item description Line General (a) Special Revenue (b) TIF Special Revenue (c) Debt Service (d) Capital Projects (e) Permanent (0(a) Total Governmental (Sum of cols. through (f)) (g) Proprietary (h) Grand Total (Sum of col. (g)) (i) Line Section I - Business Type Activities 87 87 Water - Current Operation 88 0 88 Capital Outlay 89 0 89 Debt Service 90 0 90 Sewer and Sewage Disposal - Current Operation 91 7,612,944 7,612,944 91 Capital Outlay 92 14,259,989 14,259,989 92 Debt Service 93 1,613,069 1,613,069 93 Electric - Current Operation 94 0 94 Capital Outlay 95 0 95 Debt Service 96 0 96 Gas Utility - Current Operation 97 0 97 Capital Outlay 98 0 98 Debt Service 99 0 99 Parking - Current Operation 100 0 100 Capital Outlay 101 0 101 Debt Service 102 0 102 Airport - Current Operation 103 0 103 Capital Outlay 104 0 104 Debt Service 105 0 105 Landfill/Garbage - Current operation 106 5,307,306 5,307,306 106 Capital Outlay 107 269,466 269,466 107 Debt Service 108 0 108 Hospital - Current Operation 109 0 109 Capital Outlay 110 0 110 Debt Service 111 0 111 Transit - Current Operation 112 0 112 Capital Outlay 113 0 113 Debt Service 114 0 114 Cable TV, Telephone, Internet - Current Operation 115 0 115 Capital Outlay 116 0 116 Housing Authority - Current Operation 117 0 117 Capital Outlay 118 0 118 Debt Service 119 0 119 Storm Water - Current Operation 120 1,286,633 1,286,633 120 Capital Outlay 121 1,169,379 1,169,379 121 Debt Service 122 0 122 Other Business Type - Current Operation 123 0 123 Capital Outlay 124 0 124 Debt Service 125 0 125 Internal Service Funds - Specify 126 126 127 0 127 128 0 128 Total Business Type Activities 129 31,518,786 31,518,786 129 EXPENDITURES P9 CITY OF WATERLOO EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2022 -- Continued GAAP / Modified Item description Line General (a) Special Revenue (b) TIF Special Revenue (c) SeDebt rnce Capital Projects (e) Permanent (f) Total Governmental (Sum of cols. (a) through (f)) (g) Proprietary (h) Grand Total (Sum of col. (g)) 0) Line Subtotal Expenditures (Sum of lines 84 and 129) 130 63,820,930 46,055,564 2,692,504 13,463,364 32,360,087 0 158,392,449 31,518,786 189,911,235 130 Section J - Other Financing Uses Including Transfers Out 131 131 Regular transfers out 132 2,998,614 9,191,917 12,190,531 2,237,520 14,428,051 132 Internal TIF loans/repayments and transfers out 133 8,926,603 8,926,603 8,926,603 133 134 0 0 134 Total Other Financing Uses 135 2,998,614 9,191,917 8,926,603 0 0 0 21,117,134 2,237,520 23,354,654 135 Total Expenditures and Other Financing Uses (Sum of lines 130 and 135) 136 66,819,544 55,247,481 11,619,107 13,463,364 32,360,087 0 179,509,583 33,756,306 213,265,889 136 137 137 Ending fund balance June 30, : 138 138 Governmental: 139 139 Nonspendable 140 1,068,301 544,788 1,613,089 1,613,089 140 Restricted 141 8,183,674 33,525,690 4,747,659 923,952 23,452,422 70,833,397 70,833,397 141 Committed 142 0 0 0 0 142 Assigned 143 6,056,972 2,201,670 684,313 8,942,955 8,942,955 143 Unassigned 144 43,333,770 -2,467,980 -2,560,748 38,305,042 38,305,042 144 Total Governmental 145 58,642,717 33,804,168 5,431,972 923,952 20,891,674 0 119,694,483 119,694,483 145 Proprietary 146 24,588,073 24,588,073 146 Total Ending Fund Balance June 30, 147 58,642,717 33,804,168 5,431,972 923,952 20,891,674 0 119,694,483 24,588,073 144,282,556 147 Total Requirements (Sum of lines 136 and 147) 148 125,462,261 89,051,649 17,051,079 14,387,316 53,251,761 0 299,204,066 58,344,379 357,548,445 148 OTHER P10 Part III Intergovernmental Expenditures Please report below expenditures made to the State or to other local governments on a reimbursement or cost sharing basis. Include these expenditures in part II. Enter amount. Purpose Amount paid to other local governments Purpose Amount paid to State Correction 0 Highways 0 Health 86,862 All other 12,487 Highways 0 Transit Subsidies 1,464,926 Libraries 0 Police protection 1,397,135 Sewerage 0 Sanitation 0 All other 480,388 Part IV Wages & Salaries Report here the total salaries and wages paid to all employees of your government before deductions of social security, retirement, etc. Include also salaries and wages paid to employees of any utility owned and operated by your government, as well as salaries and wages of municipal employees charged to construction projects. YOU ARE REQUIRED TO ENTER SALARY DOLLARS IN THE Amount areas FOR SALARIES AND WAGES PAID Amount Total Salaries and Wages Paid 40,338,042 Part V Debt Outstanding, Issued, and Retired Transit subsidies A. Long -Term Debt Debt During the Fiscal Year Debt Outstanding JUNE 30, 2022 Purpose Line Debt Outstanding JULY 1, 2021 Issued Retired General Obligation TIF Revenue Revenue Other Interest Paid This Year Water Utility 1. Sewer Utility 2. 17,403,732 15,236,011 1,217,240 31,422,503 19,643 Electric Utility 3. Gas Utility 4. Transit -Bus 5. Industrial Revenue 6. Mortgage Revenue 7. TIF Revenue 8. 5,913,513 2,900,000 1,844,386 6,969,127 115,975 Other Purposes / Miscellaneous 9. 3,768,347 406,633 3,361,714 GO 10. 103,400,000 24,075,000 10,925,000 116,550,000 2,492,700 Parking 11. Airport 12. Storm ate 13. Section 108 14. Total Long -Term 130,485,592 42,211,011 14,393,259 116,550,000 6,969,127 31,422,503 3,361,714 2,628,318 B. Short -Term Debt Amount Outstanding as of July 1, 2021 Outstanding as of JUNE 30, 2022 DEBT LIMITATION FOR GENERAL OBLIGATIONS Part VI Actual valuation -- January2020 1, Amount 4,089,831,846 x.0.5 = S �204,491,5923 Part VII CASH AND INVESTMENT ASSETS AS OF JUNE 30, 2022 Type of asset Cash and investments - Include cash on hand, CD's, time, checking and savings deposits, Federal securities, Federal agency securities, State and local government securities, and all other securities. Exclude value of real property. Amount Bond and interest funds (a) Bond construction funds (b) Pension/retirement funds (c) All other Funds (d) Total (e) 1,125,392 23,375,338 0 119,630,080 144,130,810 If you budget on a NON-GAAP CASH BASIS, the amount in the Total above SHOULD EQUAL he above summed amounts on the sheet All Funds Pl: Ending fund balance, column C PLUS the amounts in the shaded Note area. Notes & Remarks REMARKS This report is prepared using a modified cash basis (budgetary basis) and therefore, total cash and investments shown above of $144,130,810 does not equal fund balance for all funds.