HomeMy WebLinkAboutFY23 Annual Financial Report *** Proof of Publication ***
State of Iowa
Black Hawk County
Waterloo, City of- Legals
Accounts Payable
715 MULBERRY ST.
WATERLOO IA 50703
ORDER NUMBER 230989
The undersigned, being duly sworn, on oath, do depose and say that I
am an authorized employee of the Waterloo Cedar Falls Courier, that
The Waterloo Cedar Falls Courier is a weekly newspaper regularly
published and printed in the English language in the City of Waterloo,
Black Hawk County, Iowa, and has a general circulation in the said
city and county; and that I personally know that the notice, a true copy
of which is hereto affixed, was published in the Waterloo Cedar Falls
Courier on the following days, to-wit:
Section: Legals
Category: 950 Legal Notice
PUBLISHED ON: 11/21/2023
TOTAL AD COST: 162.92
FILED ON: 11/21/2023
That the issues of said paper containing said notice were duly
circulated in the regular manner.
DAN)NE GLASCOCK
Commission Number810108
*�DVI * My Commission Expires
April 17,2024
&141.44.,t.
V
Notary Public in and for Said County
*** Proof of Publication ***
STATE OF IOWA 16200701000000
2023 CITY OF WATERLOO
FINANCIAL REPORT 715 Mulberry Street
FISCAL YEAR ENDED WATERLOO IA 50703-5783
JUNE 30, CITY OF WATERLOO,IOWA POPULATION:67314
DUE:UE:December 1,2023
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 44794609 44,794,609 44,829,472
Less:Uncollected Property Taxes-Levy Year 0 0 0
Net Current Property Taxes 44,794,609 44,794,609 44,829,472
Delinquent Property Taxes 19,839 19,839 0
TIF Revenues 11,230,764 11,230,764 11,525,600
Other City Taxes 23,171,151 0 23,171,151 19,720,410
Licenses and Permits 1,419,872 11,686 1,431,558 1,478,135
Use of Money and Property 4,645,358 501,187 5,146,545 1,523,645
Intergovernmental 30,268,169 336,570 30,604,739 50,940,085
Charges for Fees and Service 15,114,527 25,932,856 41,047,383 37,554,690
Special Assessments 382,051 0 382,051 258,000
Miscellaneous 14,570,921 7,410 14,578,331 11,224,122
Other Financing Sources,Including Transfers in 31,639,366 7,598,501 39,237,867 53,964,568
Total Revenues and Other Sources 177,256,627 34,388,210 211,644,837 233,018,727
Expenditures and Other Financing Uses
Public Safety 40,585,272 40,585,272 41,398,794
Public Works 25,158,868 25,158,868 38,242,537
Health and Social Services 349,862 349,862 360,704
Culture and Recreation 11,877,904 11,877,904 13,281,219
Community and Economic Development 18,437,807 18,437,807 21,285,026
General Government 9,884,962 9,884,962 11,084,259
Debt Service 14,698,412 14,698,412 14,701,398
Capital Projects 27,055,421 27,055,421 47,685,679
Total Governmental Activities Expenditures 148,048,508 0 148,048,508 188,039,616
Business type activities 29,423,554 29,423,554 40,726,738
Total All Expenditures 148,048,508 29,423,554 177,472,062 228,766,354
Other Financing Uses,Including Transfers Out 22,900,655 2,163,281 25,063,936 27,408,568
Total All Expenditures/and Other 170,949,163 31,586,835 202,535,998 256,174,922
Financing Uses
Excess Revenues and Other Sources Over 6,307,464 2,801,375 9,108,839 -23,156,195
(Under)Expenditures/and Other Financing Uses
Beginning Fund Balance July 1,2022 119,694,483 24,588,073 144,282,556 107,239,844
Ending Fund Balance June 30,2023 126,001,947 27,389,448 153,391,395 84,083,649
NOTE-These balances do not include the following,which were not budgeted and are not available for city operations:
Non-budgeted Internal Service Funds Pension Trust Funds
Private Purpose Trust Funds Agen Funds
Indebtedness at June 30,2023 Amount Indebtedness at June 30,2023 Amount
General Obligation Debt 110,900,000 Other Lone-Term Debt 2,961,127
Revenue Debt 37,181,226 Short-Term Debt 0
TIF Revenue Debt 5,099,161
General Obligation Debt Limit 216,437,019