HomeMy WebLinkAboutFY25 Financial Report AffidavitTHE COURIER
AFFIDAVIT OF PUBLICATION
Waterloo -Cedar Falls Courier
6915 Chancellor Drive
Cedar Falls 50613
(319) 291-1400
State of Florida, County of Orange, ss:
Edmar Corachia, being first duly sworn, deposes and says: That
(s)he is a duly authorized signatory of Column Software, PBC, duly
authorized agent of Waterloo -Cedar Falls Courier, a publication that
is a "legal newspaper" as that phrase is defined for the city of Cedar
Falls, for the County of Black Hawk, in the state of Iowa, that this
affidavit is Page 1 of 2 with the full text of the sworn -to notice set
forth on the pages that follow, and that the attachment hereto
contains the correct copy of what was published in said legal
newspaper in consecutive issues on the following dates:
PUBLICATION DATES:
Nov. 25, 2025
NOTICE ID: mgEUESnyYw8iIVUsNeli
PUBLISHER ID: COL-IA-603143
NOTICE NAME: 60002852
Publication Fee: $149.14
Fdrnmr f orAchiA
(Signed)
VERIFICATION
State of Florida
County of Orange
See Proof on Next Page
PAMELA BAEZ
Votary Public - State of Florida
Commission # HH 732409
Expires on October 19, 2029
Subscribed in my presence and sworn to before me on this: 11/25/2025
Notary Public
Notarized remotely online using communication technology via Proof.
60002852 - Page 1 of 2
Newspaper page size: Width: 9.86 in., Height: 20.40 in.
STATE OF IOWA 2025
16200701000000
FINANCIAL REPORT
CITY OF WATERLOO
FISCAL YEAR ENDED
715 Mulberry Street
JUNE 30, 2025 CITY OF WATERLOO, IOWA
DUE: December 1, 2025
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
51025152
51,025,152
51,397,687
Less: Uncollected Property Taxes -Levy Year
0
0
0
Net Current Property Taxes
51,025,152
51,025,152
51,397,687
Delinquent Property Taxes
-10,786
-10,786
0
TIF Revenues
22,145,278
22,145,278
21,144,488
Other City Taxes
23,034,449
0
23,034,449
22,150,063
Licenses and Permits
2,061,409
1,948
2,063,357
1,519,705
Use of Money and Property
6,288,105
1,489,788
7,777,893
2,607,950
Intergovernmental
40,311,123
337,700
40,648,823
86,125,193
Charges for Fees and Service
15,403,771
26,526,460
41,930,231
39,808,061
Special Assessments
368,587
0
368,587
610,000
Miscellaneous
14,214,037
12,332
14,226,369
13,513,165
Other Financing Sources, Including Transfers in
87,102,127
13,030,111
100,132,238
120,009,700
Total Revenues and Other Sources
261,943,252
41,398,339
303,341,591
358,886,012
Expenditures and Other Financing Uses
Public Safety
44,047,420
44,047,420
45,854,654
Public Works
35,733,165
35,733,165
50,241,079
Health and Social Services
360,995
360,995
402,782
Culture and Recreation
12,838,907
12,838,907
14,139,151
Community and Economic Development
20,531,005
20,531,005
28,691,175
General Government
12,760,201
12,760,201
14,376,769
Debt Service
17,017,015
17,017,015
16,292,120
Capital Projects
82,797,400
82,797,400
138,504,467
Total Governmental Activities Expenditures
226,086,108
0
226,086,108
308,502,197
Business type activities
32,193,908
32,193,908
43,372,767
Total All Expenditures
226,086,108
32,193,908
258,280,016
351,874,964
Other Financing Uses, Including Transfers Out
46,598,282
2,362,245
48,960,527
52,159,098
Total All Expenditures/and Other Financing Uses
272,684,390
34,556,153
307,240,543
404,034,062
Excess Revenues and Other Sources Over
(Under) Expenditures/and Other Financing Uses
-10,741,138
6,842,186
-3,898,952
-45,148,050
Beginning Fund Balance July 1, 2024
132,918,338
32,000,473
164,918,811
122,096,004
Ending Fund Balance June 30, 2025
122,177,200
38,842,659
161,019,859
76,947,954
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
Agency Funds
Indebtedness at June 30, 2025
Amount
Indebtedness at June 30, 2025
Amount
General Obligation Debt
125,720,000
Other Long -Term Debt
27,774,627
Revenue Debt
37,476,071
Short -Term Debt
0
TIF Revenue Debt
12,185,065
General Obligation Debt Limit
267,626,798
60002852 - Page 2 of 2