HomeMy WebLinkAbout2024-11-18 I01H_01 2024 State Financial ReportAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: November 18th, 2024
AGENDA ITEM:Consideration of approval of a resolution approving State of Iowa 2024
Financial Report
FORMAT:Consent Agenda
SYNOPSIS INCLUDING PRO & CON: The Office of the Auditor of State recommends that
the FY2024 Financial Report be presented for Council approval,
although not required. The report is required to be published, and
forwarded to the Auditor’s office by December 1st.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Approve the State of Iowa 2024 Financial Report as presented.
ATTACHMENTS: I. Proposed Resolution
II. State Annual Finance Report
PREPARED BY:Rachel Downing
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION:
DATE OF PUBLICATION:
I1H1
THE CITY OF WAUKEE, IOWA
RESOLUTION 2024-
RESOLUTION OF THE CITY OF WAUKEE’S STATE OF IOWA 2024
FINANCIAL REPORT, AND DIRECTING THE FINANCE DIRECTOR FOR
THE CITY OF WAUKEE TO FILE THE REPORT WITH
THE AUDITOR OF STATE
WHEREAS, The Waukee Finance Director has submitted to the City Council of the City
of Waukee, the State of Iowa 2024 Financial Report for the City of Waukee, Iowa; AND
WHEREAS, the report shows total Revenues in the amount of $177,834,024 and total
Expenditures of $109,437,843 with an Ending Fund Balance of $257,479,986; AND
WHEREAS, the report is required to be published and submitted to the Auditor of State
by December 1st of each year; AND
WHEREAS, the report will be published in the Dallas County News on Thursday,
November 21st, 2024;
NOW, THEREFORE, BE IT RESOLVED that the City of Waukee hereby approves
the State of Iowa 2024 Financial Report and directs the Finance Director to submit it to
the Auditor of State, this 18th day of November 2024.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
R. Charles Bottenberg
Chris Crone
Rob Grove
Anna Bergman Pierce
Ben Sinclair
STATE OF IOWA
2024
FINANCIAL REPORT
FISCAL YEAR ENDED
JUNE 30, 2024
CITY OF WAUKEE, IOWA
DUE: December 1, 2024
16202501300000
CITY OF WAUKEE
230 W Hickman Road
WAUKEE IA 50263
POPULATION: 23940
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 23,290,169 23,290,169 23,236,917
Less: Uncollected Property Taxes-Levy Year 0 0 0
Net Current Property Taxes 23,290,169 23,290,169 23,236,917
Delinquent Property Taxes 1,632 1,632 0
TIF Revenues 7,815,523 7,815,523 7,622,600
Other City Taxes 5,867,554 0 5,867,554 6,389,554
Licenses and Permits 3,172,659 23,752,283 26,924,942 3,163,700
Use of Money and Property 5,430,373 2,007,859 7,438,232 6,718,700
Intergovernmental 4,926,977 0 4,926,977 4,392,245
Charges for Fees and Service 1,789,473 35,360,509 37,149,982 33,498,700
Special Assessments 21,631 0 21,631 0
Miscellaneous 1,257,430 266,974 1,524,404 1,266,350
Other Financing Sources 40,425,209 0 40,425,209 46,565,000
Transfers In 22,447,769 0 22,447,769 9,409,983
Total Revenues and Other Sources 116,446,399 61,387,625 177,834,024 142,263,749
Expenditures and Other Financing Uses
Public Safety 21,106,162 21,106,162 12,917,030
Public Works 15,378,056 15,378,056 4,856,520
Health and Social Services 50,000 50,000 67,000
Culture and Recreation 8,038,628 8,038,628 4,797,550
Community and Economic Development 3,954,483 3,954,483 2,884,300
General Government 1,991,306 1,991,306 2,331,570
Debt Service 10,833,895 10,833,895 11,042,770
Capital Projects 292,152 292,152 46,515,950
Total Governmental Activities Expenditures 61,644,682 0 61,644,682 85,412,690
BUSINESS TYPE ACTIVITIES 25,345,392 25,345,392 47,845,482
Total All Expenditures 61,644,682 25,345,392 86,990,074 133,258,172
Other Financing Uses 0 0 0
Transfers Out 22,081,930 365,839 22,447,769 9,409,983
Total All Expenditures/and Other Financing Uses 83,726,612 25,711,231 109,437,843 142,668,155
Excess Revenues and Other Sources Over (Under) Expenditures/and Other Financing Uses 32,719,787 35,676,394 68,396,181 -404,406
Beginning Fund Balance July 1, 2023 58,333,845 130,749,960 189,083,805 125,996,138
Ending Fund Balance June 30, 2024 91,053,632 166,426,354 257,479,986 125,591,732
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, 2024 Amount Indebtedness at June 30, 2024 Amount
General Obligation Debt 140,418,790 Other Long-Term Debt 0
Revenue Debt 32,842,000 Short-Term Debt 55,087
TIF Revenue Debt 0
General Obligation Debt Limit 170,809,280
CERTIFICATION
The forgoing report is correct to the best of my knowledge and belief
Signature of Preparer
Publication
Printed name of Preparer Phone Number
Signature of Mayor or Mayor Pro Tem (Name and Title)
Date Signed
PLEASE PUBLISH THIS PAGE ONLY
11/12/24, 2:08 PM Local Government Property Valuation System
https://dom-localgov.iowa.gov/afr?id=8469 1/11
REVENUE P2
CITY OF WAUKEE
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2024
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 A - Taxes 1 1
Taxes levied on property 2 13,827,343 2,776,200 6,686,626 23,290,169 23,290,169 2
Less: Uncollected Property Taxes - Levy Year 3 0 0 3
Net Current Property Taxes 4 13,827,343 2,776,200 6,686,626 0 0 23,290,169 23,290,169 4
Delinquent Property Taxes 5 1,578 318 -264 1,632 1,632 5
Total Property Tax 6 13,828,921 2,776,518 6,686,362 0 0 23,291,801 23,291,801 6
TIF Revenues 7 7,815,523 7,815,523 7,815,523 7
Other City Taxes
Utility Tax Replacement Excise Taxes 8 0 0 8
Utility Franchise Tax (Chapter 364.2, Code of
Iowa)9 0 0 9
Parimutuel Wager Tax 10 0 0 10
Gaming Wager Tax 11 0 0 11
Mobile Home Tax 12 13,553 4,227 5,555 23,335 23,335 12
Hotel / Motel Tax 13 158,131 158,131 158,131 13
Other Local Option Taxes 14 5,686,088 5,686,088 5,686,088 14
Total Other City Taxes 15 171,684 5,690,315 5,555 0 0 5,867,554 0 5,867,554 15
Section B - Licenses and Permits 16 2,728,557 444,102 3,172,659 23,752,283 26,924,942 16
Section C - Use of Money and Property 17 17
Interest 18 669,814 1,313,603 517,229 500,934 2,068,052 5,069,632 1,916,723 6,986,355 18
Rents and Royalties 19 360,741 360,741 91,136 451,877 19
Other Miscellaneous Use of Money and Property 20 0 0 20
21 0 0 21
Total Use of Money and Property 22 1,030,555 1,313,603 517,229 500,934 2,068,052 0 5,430,373 2,007,859 7,438,232 22
Section D - Intergovernmental 24 24
Federal Grants and Reimbursements 26 26
Federal Grants 27 33,636 125,000 158,636 158,636 27
Community Development Block Grants 28 0 0 28
Housing and Urban Development 29 0 0 29
Public Assistance Grants 30 0 0 30
Payment in Lieu of Taxes 31 0 0 31
32 0 0 32
Total Federal Grants and Reimbursements 33 33,636 0 0 125,000 0 158,636 0 158,636 33
11/12/24, 2:08 PM
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2/11
REVENUE P3
CITY OF WAUKEE
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2024
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 3,384,937 3,384,937 3,384,937 44
Other state grants and reimbursements 48 48
State grants 49 130,351 130,351 130,351 49
Iowa Department of Transportation 50 63,869 63,869 63,869 50
Iowa Department of Natural Resources 51 0 0 51
Iowa Economic Development Authority 52 0 0 52
CEBA grants 53 0 0 53
C&I Replacement and Tier I Business Tax
Replacement 54 340,451 68,510 13,864 157,307 580,132 580,132 54
55 0 0 55
56 0 0 56
57 0 0 57
58 0 0 58
59 0 0 59
Total State 60 470,802 3,453,447 13,864 157,307 63,869 0 4,159,289 0 4,159,289 60
Local Grants and Reimbursements
County Contributions 63 118,904 118,904 118,904 63
Library Service 64 18,725 18,725 18,725 64
Township Contributions 65 87,872 87,872 87,872 65
Fire/EMT Service 66 1,555 1,555 1,555 66
School District 67 327,209 327,209 327,209 67
Contract Buyout 68 4,787 4,787 4,787 68
Local Art Grant 69 50,000 50,000 50,000 69
Total Local Grants and Reimbursements 70 559,052 0 0 0 50,000 0 609,052 0 609,052 70
Total Intergovernmental (Sum of lines 33, 60,
and 70)71 1,063,490 3,453,447 13,864 157,307 238,869 0 4,926,977 0 4,926,977 71
Section E -Charges for Fees and Service 72 72
Water 73 0 10,220,733 10,220,733 73
Sewer 74 0 9,556,435 9,556,435 74
Electric 75 0 0 75
Gas 76 0 10,549,442 10,549,442 76
Parking 77 0 0 77
Airport 78 0 0 78
Landfill/garbage 79 0 1,713,643 1,713,643 79
Hospital 80 0 0 80
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3/11
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
(f)
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 1,719,293 1,719,293 87
Other:88 88
Nursing Home 89 0 0 89
Police Service Fees 90 97,568 97,568 97,568 90
Prisoner Care 91 0 0 91
Fire Service Charges 92 1,915 1,915 1,915 92
Ambulance Charges 93 1,032,655 1,032,655 1,032,655 93
Sidewalk Street Repair Charges 94 0 0 94
Housing and Urban Renewal Charges 95 0 0 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 0 0 99
Park, Recreation, and Cultural Charges 100 331,611 331,611 331,611 100
Animal Control Charges 101 3,500 3,500 3,500 101
Admin fees/Copies/Mechanic fees 102 322,224 322,224 322,224 102
Utility Billing/Golf Course 103 0 1,600,963 1,600,963 103
Total Charges for Service 104 1,789,473 0 0 0 0 0 1,789,473 35,360,509 37,149,982 104
Section F - Special Assesments 106 21,631 21,631 21,631 106
Section G - Miscellaneous 107 107
Contributions 108 35,907 500,000 535,907 3,698 539,605 108
Deposits and Sales/Fuel Tax Refunds 109 0 129,178 129,178 109
Sale of Property and Merchandise 110 447,098 32,539 479,637 112,989 592,626 110
Fines 111 17,567 17,567 17,567 111
Internal Service Charges 112 180 180 180 112
Damage Reimbursements/Misc 113 83,421 2,391 85,812 19,075 104,887 113
Wellness Reimbursement 114 76,202 76,202 76,202 114
Patronage Rebate 115 39,501 14,030 53,531 2,034 55,565 115
Fire Association 116 8,594 8,594 8,594 116
117 0 0 117
118 0 0 118
119 0 0 119
Total Miscellaneous 120 699,876 557,554 0 0 0 0 1,257,430 266,974 1,524,404 120
11/12/24, 2:08 PM
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4/11
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)
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)
Total All Revenues (Sum of lines 6, 7, 15,16,22, 71,
104, 106, and 120)121 21,312,556 14,235,539 8,346,616 7,371,789 2,306,921 0 53,573,421 61,387,625 114,961,046 121
Section H - Other Financing Sources 123 123
Proceeds of capital asset sales 124 174,318 174,318 174,318 124
Proceeds of long-term debt (Excluding TIF internal
borrowing)125 40,250,891 40,250,891 40,250,891 125
Proceeds of anticipatory warrants or other short-term debt 126 0 0 126
Regular transfers in and interfund loans 127 2,910,000 1,565,408 12,811,180 17,286,588 17,286,588 127
Internal TIF loans and transfers in 128 402,547 4,758,634 5,161,181 5,161,181 128
129 0 0 129
130 0 0 130
Total Other Financing Sources 131 3,486,865 0 0 6,324,042 53,062,071 0 62,872,978 0 62,872,978 131
Total Revenues Except for Beginning Balances (Sum
of lines 121 and 131)132 24,799,421 14,235,539 8,346,616 13,695,831 55,368,992 0 116,446,399 61,387,625 177,834,024 132
Beginning Fund Balance July 1, 2023 134 12,634,247 20,877,766 4,108,002 7,704,258 13,009,572 58,333,845 130,749,960 189,083,805 134
Total Revenues and Other Financing Sources (Sum of
lines 132 and 134)136 37,433,668 35,113,305 12,454,618 21,400,089 68,378,564 0 174,780,244 192,137,585 366,917,829 136
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5/11
EXPENDITURES P6
CITY OF WAUKEE
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2024
GAAP / Modified
Item Description Line General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
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 A - Public Safety 1 1
Police Department/Crime Prevention 2 5,743,441 4,226,473 9,969,914 9,969,914 2
Jail 3 0 0 3
Emergency Management 4 11,526 11,526 11,526 4
Flood control 5 0 0 5
Fire Department 6 1,447,527 8,885 4,226,473 5,682,885 5,682,885 6
Ambulance 7 3,303,479 3,303,479 3,303,479 7
Building Inspections 8 1,186,351 1,186,351 1,186,351 8
Miscellaneous Protective Services 9 0 0 9
Animal Control 10 14,046 14,046 14,046 10
Other Public Safety 11 11,600 11,600 11,600 11
Westcom Dispatch 12 926,361 926,361 926,361 12
13 0 0 13
Total Public Safety 14 12,632,731 8,885 0 8,464,546 0 21,106,162 21,106,162 14
Section B - Public Works 15 15
Roads, Bridges, Sidewalks 16 3,116,814 9,451,182 12,567,996 12,567,996 16
Parking Meter and Off-Street 17 0 0 17
Street Lighting 18 314,272 314,272 314,272 18
Traffic Control Safety 19 162,002 624,994 786,996 786,996 19
Snow Removal 20 0 0 20
Highway Engineering 21 0 0 21
Street Cleaning 22 0 0 22
Airport (if not an enterprise)23 0 0 23
Garbage (if not an enterprise)24 0 0 24
Other Public Works 25 0 0 25
Public Works/PW Building/Mechanic 26 386,514 565,437 951,951 951,951 26
Engineering/GIS 27 756,841 756,841 756,841 27
Total Public Works 28 1,143,355 3,593,088 0 10,641,613 0 15,378,056 15,378,056 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 50,000 50,000 50,000 36
37 0 0 37
38 0 0 38
Total Health and Social Services 39 50,000 0 0 0 0 50,000 50,000 39
Section D - Culture and Recreation 40 40
Library Services 41 1,532,605 1,532,605 1,532,605 41
Museum, Band, Theater 42 0 0 42
Parks 43 1,100,539 1,867,505 2,968,044 2,968,044 43
Recreation 44 2,059,720 557,186 2,616,906 2,616,906 44
Cemetery 45 0 0 45
Community Center, Zoo, Marina, and Auditorium 46 36,440 36,440 36,440 46
Other Culture and Recreation 47 56,935 827,698 884,633 884,633 47
48 0 0 48
49 0 0 49
Total Culture and Recreation 50 4,786,239 0 0 3,252,389 0 8,038,628 8,038,628 50
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6/11
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)
Debt Service
(d)
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 EconomicDevelopment 51 51
Community beautification 52 0 0 52
Economic development 53 262,382 82,211 344,593 344,593 53
Housing and urban renewal 54 0 0 54
Planning and zoning 55 490,388 490,388 490,388 55
Other community and economic development 56 2,100,000 2,100,000 2,100,000 56
TIF Rebates 57 1,019,502 1,019,502 1,019,502 57
58 0 0 58
Total Community and Economic
Development 59 752,770 0 1,101,713 0 2,100,000 0 3,954,483 3,954,483 59
Section F - General Government 60 60
Mayor, Council and City Manager 61 872,064 872,064 872,064 61
Clerk, Treasurer, Financial Administration 62 196,373 196,373 196,373 62
Elections 63 0 0 63
Legal Services and City Attorney 64 59,185 59,185 59,185 64
City Hall and General Buildings 65 190,724 124,066 314,790 314,790 65
Tort Liability 66 0 0 66
Other General Government 67 0 0 67
Human Resources 68 173,409 173,409 173,409 68
Information Technology 69 375,485 375,485 375,485 69
Total General Government 70 1,867,240 0 0 124,066 0 1,991,306 1,991,306 70
Section G - Debt Service 71 10,833,895 10,833,895 10,833,895 71
72 0 0 72
73 0 0 73
Total Debt Service 74 0 0 0 10,833,895 0 0 10,833,895 10,833,895 74
Section H - Regular Capital Projects - Specify 75 75
Debt Issuance 76 258,652 258,652 258,652 76
77 0 0 77
Subtotal Regular Capital Projects 78 0 0 0 258,652 0 258,652 258,652 78
TIF Capital Projects - Specify 79 79
Debt Issuance 80 33,500 33,500 33,500 80
81 0 0 81
Subtotal TIF Capital Projects 82 0 0 0 33,500 0 33,500 33,500 82
Total Capital Projects 83 0 0 0 292,152 0 292,152 292,152 83
Total Governmental Activities Expenditures 84 21,232,335 3,601,973 1,101,713 10,833,895 24,874,766 0 61,644,682 61,644,682 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 "Other"
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7/11
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
(f)
Total Governmental (Sum of
cols. (a) through (f)) (g)
Proprietary
(h)
Grand Total (Sum
of col. (g)) (i)Line
Section I - Business Type Activities 87 87
Water - Current Operation 88 7,087,446 7,087,446 88
Capital Outlay 89 12,339 12,339 89
Debt Service 90 145,418 145,418 90
Sewer and Sewage Disposal - Current Operation 91 3,964,013 3,964,013 91
Capital Outlay 92 21,155 21,155 92
Debt Service 93 389,747 389,747 93
Electric - Current Operation 94 0 94
Capital Outlay 95 0 95
Debt Service 96 0 96
Gas Utility - Current Operation 97 8,954,836 8,954,836 97
Capital Outlay 98 9,925 9,925 98
Debt Service 99 558 558 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 2,010,883 2,010,883 106
Capital Outlay 107 0 107
Debt Service 108 68 68 108
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 1,419,273 1,419,273 120
Capital Outlay 121 609 609 121
Debt Service 122 114,330 114,330 122
Other Business Type - Current Operation 123 738,269 738,269 123
Capital Outlay 124 0 124
Debt Service 125 1,093 1,093 125
Internal Service Funds - Specify 126 126
Utility Billing 127 475,430 475,430 127
128 0 128
Total Business Type Activities 129 25,345,392 25,345,392 129
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8/11
EXPENDITURES P9
CITY OF WAUKEE
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2024 -- Continued
GAAP / Modified
Item description Line General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum
of cols. (a) through (f)) (g)
Proprietary
(h)
Grand Total
(Sum of col. (g))
(i)
Line
Subtotal Expenditures (Sum of lines 84 and 129)130 21,232,335 3,601,973 1,101,713 10,833,895 24,874,766 0 61,644,682 25,345,392 86,990,074 130
Section J - Other Financing Uses Including Transfers Out 131 131
Regular transfers out 132 16,920,749 16,920,749 365,839 17,286,588 132
Internal TIF loans/repayments and transfers out 133 5,161,181 5,161,181 5,161,181 133
134 0 0 134
Total Other Financing Uses 135 0 16,920,749 5,161,181 0 0 0 22,081,930 365,839 22,447,769 135
Total Expenditures and Other Financing Uses (Sum
of lines 130 and 135)136 21,232,335 20,522,722 6,262,894 10,833,895 24,874,766 0 83,726,612 25,711,231 109,437,843 136
137 137
Ending fund balance June 30, :138 138
Governmental:139 139
Nonspendable 140 161,160 212,342 373,502 373,502 140
Restricted 141 190,818 14,378,241 6,191,724 10,566,194 43,503,798 74,830,775 74,830,775 141
Committed 142 1,622,351 1,622,351 1,622,351 142
Assigned 143 0 0 143
Unassigned 144 14,227,004 14,227,004 14,227,004 144
Total Governmental 145 16,201,333 14,590,583 6,191,724 10,566,194 43,503,798 0 91,053,632 91,053,632 145
Proprietary 146 166,426,354 166,426,354 146
Total Ending Fund Balance June 30,147 16,201,333 14,590,583 6,191,724 10,566,194 43,503,798 0 91,053,632 166,426,354 257,479,986 147
Total Requirements (Sum of lines 136 and 147)148 37,433,668 35,113,305 12,454,618 21,400,089 68,378,564 0 174,780,244 192,137,585 366,917,829 148
11/12/24, 2:08 PM
Local Government Property Valuation System
https://dom-localgov.iowa.gov/afr?id=8469
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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
Correction
Health
Highways 211,998
Transit Subsidies
Libraries
Police protection 938,613
Sewerage 1,734,783
Sanitation 29,925
All other 4,819,545
Purpose Amount paid to State
Highways
All other 4,922,105
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 15,308,015
Part V Debt Outstanding, Issued, and Retired
Transit subsidies
A. Long-Term Debt
Debt During the Fiscal Year Debt Outstanding JUNE 30, 2024
Purpose Line Debt Outstanding JULY 1, 2023 Issued Retired General Obligation TIF Revenue Revenue Other Interest Paid This Year
Water Utility 1.5,055,000 345,000 4,710,000 171,588
Sewer Utility 2.15,692,000 13,200,000 900,000 27,992,000 361,521
Electric Utility 3.
Gas Utility 4.
Transit-Bus 5.
Industrial Revenue 6.
Mortgage Revenue 7.
TIF Revenue 8.
Other Purposes / Miscellaneous 9.
GO 10.108,167,173 38,305,000 6,053,382 140,418,790 4,799,361
Parking 11.
Airport 12.
Stormwater 13.205,000 65,000 140,000 3,900
Section 108 14.
Total Long-Term 129,119,173 51,505,000 7,363,382 140,418,790 0 32,842,000 0 5,336,370
B. Short-Term Debt Amount
Outstanding as of July 1, 2023 31,584
Outstanding as of JUNE 30, 2024 55,087
Part VI
DEBT LIMITATION FOR GENERAL OBLIGATIONS
Actual valuation -- January 1, 2022
Amount
3,416,185,614 x.05 = $170,809,280.7
Part VII CASH AND INVESTMENT ASSETS AS OF JUNE 30, 2024
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 allother 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)
12,380,737 47,372,069 68,450,803 128,203,609
If you budget on a NON-GAAP CASH BASIS, the amount in the Total above SHOULD EQUAL the above summed amounts on the
sheet All Funds P1: Ending fund balance, column C PLUS the amounts in the shaded Note area.
11/12/24, 2:08 PM
Local Government Property Valuation System
https://dom-localgov.iowa.gov/afr?id=8469
10/11
Notes & Remarks
REMARKS
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11/12/24, 2:08 PM Local Government Property Valuation System
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