HomeMy WebLinkAbout2016-11-07-J01T 2016 State Financial Report1 O Waukee
I WlF THE KEY TO GOOD LIVING
AGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: November 7th, 2016
AGENDA ITEM: Consideration of approval State of Iowa 2016 Financial Report
FORMAT: Consent Agenda
SYNOPSIS INCLUDING PRO & CON: The Office of the Auditor of State recommends that
the FY2016 Financial Report be presented for Council approval,
although not required. The report is required to be published, which was
completed on October 27'. Proof of publication, will be forwarded to
the Auditor's office to meet the December I" requirement. I have
included the page that is required for publication. A copy of all the detail
pages are available in my office, if anyone would like to review them
prior to Monday's meeting.
FISCAL IMPACT INCLUDING COSTBENEFIT ANALYSIS:
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Approve the State of Iowa 2016 Financial Report as presented.
ATTACHMENTS: I. Proposed Resolution
II. State Annual Finance Report
PREPARED BY:
REVIEWED BY:
Linda Burkhart 1v
PUBLIC NOTICE INFORMATION —
NAME OF PUBLICATION: Dallas County News
DATE OF PUBLICATION: October 27', 2016
THE CITY OF WAUKEE, IOWA
RESOLUTION
RESOLUTION OF THE CITY OF WAUKEE'S STATE OF IOWA 2016
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 2016 Financial Report for the City of Waukee, Iowa; AND
WHEREAS, the report shows total Revenues in the amount of $51,313,012 and total
Expenditures of $47,430,948 with an Ending Fund Balance of $56,178,148; 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 was published in the Dallas County News on Thursday, October
27U', 2016;
NOW, THEREFORE, BE IT RESOLVED that the City of Waukee hereby approves
the State of Iowa 2016 Financial Report and directs the Finance Director to submit it to
the Auditor of State, this 71h day of November 2016.
William F. Peard, Mayor
Attest:
Rebecca D. Sehnert, City Clerk
ROLL CALL VOTE AYE NAY ABSENT ABSTAIN
Anna Bergman
Brian Harrison
Shelly Hughes
Larry R. Lyon
Rick Peterson
STATE OF IOWA 16202501300000
2016 Director of Finance
FINANCIAL REPORT 230 W Hickman Read
FISCAL YEAR ENDED Waukee, IA 50263
JUNE 30, 2016
CITY OF WAUKEE IOWA
ALLFUNDS
Item description
Governmental
(a)
Proprietary
(b)
Total actual
(c)
Budget
(d)
Revenues and Other Financing Sources
Taxes levied on property
9.167,137
........
.......
9.167,137
9.911,813
Less: Uncollected property taxes -levy year
0
0
0
Not current property taxes
9.167,137
9.167,137
9.911.813
Delinquent property taxes
0
0
0
TIF revenue.
3.229,861
3,229,861
3.351.300
Other city taxes
23,964
0
23,%4
79.546
Licenses and permits
1.449,369
24,281
1.473,650
1.077.850
Use of money and property
198,444
70,870
269,314
218.6751
Intergovernmental
5,335,307
37,947
5.373,254
2.340.876
Charges for fees and service,
540,537
15.977,409
16,517,946
15,985,000
Special assessments
26,241
0
26,241
27,000
Miscellaneous
441,209
144,322
585,531
1.354.750
Other financing sources
14,621,114
25,000
14.646,114
20,737.572
Total revenues and other sources
35.033,183
16.279,829
51,313,012
55,084,382
Expenditures and Other Financing Uses
Public safety
...... ......
4,626,959
............ ....
0
4.626,959.
6.086.730
Public works
12.718,362
0
12.718,3621
3.043,254
Health and social services
5,100
0
5,100
6.500
Culture and recreation
2,427,882
0
2.427,882
1.880.554
Community and economic development
1,169,104
0
1.169,104
1.052.776
General government
989,017
0
989,017
971.958
Debt service
7,394,801
0
7.394,801
6.997.179
Capital projects
113,108
0
113,108
11.653,500
Total governmental activities expenditures
29.444,333
0
29.444,333
30.692.450
Business type activities
0
10,904,650
10.90 ,550
18.799,001
Total ALL expenditures
29,444,333
10.904,550
40.348,883
49.491,451
Other financing uses, including transfers out
6,356,748
725,317
7.082,0651
5.691,973
Total ALL expenditures/And other financing uses
35.801.081
11,629,867
47,430,948
55,183,423
Excess revenues and other sources ever (under)
Expenditures/And other financing uses
-767.898
4,649.962
3,882,()64
-99.041
Beginning fund balance July 1, 2015
20% 141
1 1,812,"0
52.296,084
31.449,940
Ending fund balance June 30, 2016
'5 12
'�6
36,462.602
56,178.148
31,350,899
.'a "ece u ..rocs ou nc,,rc'..e $0 held in non -budgeted internal service funds; $0
held in Pension Trust Funds; $0 held in Private Purpose Trust Funds and $0
held in agency funds which were not budgeted and are not available for city operations.
Indebtedness at June 30, 2016
General obligation debt $23,724,06010th.r
long tem debt
Revenue debt $7 364.410
Shaft -term debt
$o
TI I F Revenue debt $26,915.0001
................
]General Obligation Debt Limit
$64.395,379