HomeMy WebLinkAbout2026-06-15 I01K FY2026 TransfersAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: June 15, 2026
AGENDA ITEM:Consideration of approval a resolution approving FY2026 Transfers.
FORMAT:Consent Agenda
SYNOPSIS INCLUDING PRO & CON: State Administrative Rule ARC-4334C effective
April 17, 2019, requires Council approval of every transfer by resolution.
Resolution is required to include:
fund transfer is from (originating)
fund transfer is to (receiving)
$ amount
purpose for the transfer.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:None
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT: Staff recommends approving the FY2026 Transfer
resolution authorizing the transfer of funds.
RECOMMENDATION: Approve the resolution.
ATTACHMENTS: I. Exhibit A – FY26 Transfers
PREPARED BY:Rachel Downing
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION: NA
DATE OF PUBLICATION:
I1K
THE CITY OF WAUKEE, IOWA
RESOLUTION 2026-
APPROVING FY2026 TRANSFERS
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City of Waukee annually adopts transfer amounts for each fiscal year
during the budget and budget amendment process; AND,
WHEREAS, this resolution approves total FY2026 transfers of $13,394,424; AND,
WHEREAS, per State Administrative Rule #ARC-4334C, effective April 17, 2019, the
City’s Finance Director recommends the FY2026 Transfers as presented in Exhibit A be
authorized at this time; AND,
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in
session this 15th day of June 2026 that it hereby authorized the FY2026 Transfers in
Exhibit A, and instructs the Finance Director to transfer the appropriate amounts.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Kala Anderson
Chris Crone
Rob Grove
Lori Lyon
Anna Bergman Pierce
Xfer Xfer Xfer Xfer
From Fund (Out)To Fund (In)Purpose Out In Out In
010.00.0000.3989000 Employee Benefits General Fund Employee Benefits Levy 3,400,000.00$
010-00.0000.3989005 Emergency Levy General Fund Emergency Levy -$
120-30.7850.970500 TIF-North Residential Debt Service 2021A/2021B/2022A Bond Principal/Interest/Fees 776,888.00$
123.30.7850.970500 TIF-Hickman West Debt Service 2014A Bond Principal/Interest/Fees 573,719.00$
124-30.7850.970500 TIF-Gateway Debt Service 2019A/2020A/2021A/2021B/2022A/2023B/2024A Bond Principal/Interest/Fees 5,390,292.00$
125.30.7850.970500 TIF-Autumn Ridge Debt Service 2018A Bond Principal/Interest/Feee 612,430.00$
125.30.7850.970600 TIF-Autumn Ridge General Fund LMI - Reimbursment for Affordable Housing Land Purchase
110.30.7800.3980100 Water Fund Debt Service 2014A Bond Principal/Interest/Fees 134,038.00$
110-30.7800.3980211 LOST Fund Debt Service 2018A/2020B/2024B Bond Principal/Interest 2,155,388.00$
110-30.7800.3980305 TIF-North Residential Debt Service 2021A/2021B/2022A Bond Principal/Interest/Fees 776,888.00$
110.30.7800.3980310 TIF-Hickman West Debt Service 2014A Bond Principal/Interest/Fees 573,719.00$
110.30.7800.3980321 TIF-Gateway Debt Service 2019A/2020A/2021A/2021B/2022A/2023B/2024A Bond Principal/Interest/Fees 5,390,292.00$
110.30.7800.3980322 TIF-Autumn Ridge Debt Service 2018A Bond Principal/Interest/Fees 612,430.00$
110-30.7800.3980600 Capital Projects Debt Service DOT / WDSM Loan Payments
110.30.7800.3980950 Storm Water Fund Debt Service 2021A/2023B Bond Principal/Interest/Fees 351,669.00$
210.50.8400.970600 Employee Benefits General Fund Employee Benefits Levy 3,400,000.00$
211-00.0000.970500 LOST Fund Debt Service 2018A/2020B/2024B Bond Principal/Interest/Fees 2,155,388.00$
211-00.0000.971300 LOST Fund Capital Projects Prairie Rose/Public Safety/Spring Crest/Painted Woods Projects -$
212-00.0000.971300 Project Imprv Fund Capital Projects -$
250-00.0000.970600 Emergency Levy General Fund Emergency Levy -$
327-90.2200.3980211 LOST Fund Capital Projects Prairie Rose/Public Safety/Spring Crest/Painted Woods Projects -$
327-90.2200.970500 Capital Projects Debt Service DOT / WDSM Loan Payments -$
510.30.6510.970800 Water Fund Debt Service 2014A Bond Principal/Interest/Fees 134,038.00$
560.80.5300.970500 Storm Water Fund Debt Service 2021A/2023B Bond Principal/Interest/Fees 351,669.00$
6,041,095.00$ 13,394,424.00$ 7,353,329.00$ -$
Actual
Total In's:13,394,424.00$
Total Out's:13,394,424.00$
Exhibit A - FY2026 Transfers
Total TIF