Minutes-10/13/1999

STATE OF IOWA 1999 FINANCIAL REPORT FISCAL YEAR ENDED JUNE 30, 1999 CITY OF TIFFIN, IOWA (Please correct any error in name, address, and ZIP Code) WHEN COMPLETED, PLEASE RETURN TO Richard D. Johnson Auditor of State State Capitol Building Des Moines, IA 50319-0004 NOTE - The information supplied in this report will be shared by the Iowa State Auditor's Office, the U.S. Bureau of the Census, various public interest groups, and State and federal agencies. ALL FUNDS <table> <tr> <th>Item description</th> <th>Current governmental (a)</th> <th>Proprietary (b)</th> <th>Total actual (c)</th> <th>Budget (d)</th> </tr> <tr> <td>Revenues</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Property tax</td> <td>102,491</td> <td></td> <td>102,491</td> <td>97,920</td> </tr> <tr> <td>TIF revenues</td> <td>96,480</td> <td></td> <td>96,480</td> <td>81,000</td> </tr> <tr> <td>Other city taxes</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Licenses and permits</td> <td>50,568</td> <td></td> <td>50,568</td> <td>20,000</td> </tr> <tr> <td>Use of money and property</td> <td>26,048</td> <td>1,112</td> <td>27,160</td> <td>12,000</td> </tr> <tr> <td>Intergovernmental</td> <td>110,255</td> <td></td> <td>110,255</td> <td>38,000</td> </tr> <tr> <td>Charges for services</td> <td></td> <td>244,856</td> <td>244,856</td> <td>167,000</td> </tr> <tr> <td>Special assessments</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Miscellaneous</td> <td>11,608</td> <td></td> <td>11,608</td> <td></td> </tr> <tr> <td>Total revenues</td> <td>397,450</td> <td>245,968</td> <td>643,418</td> <td>417,920</td> </tr> <tr> <td>Other financing sources</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Transfers in</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Proceeds of short/long-term debt</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Proceeds of fixed asset sales</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Total other financing sources</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Total revenues and other sources</td> <td>397,450</td> <td>245,968</td> <td>643,418</td> <td>417,920</td> </tr> <tr> <td>Expenditures</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Community protection</td> <td>70,758</td> <td></td> <td>70,758</td> <td>77,620</td> </tr> <tr> <td>Human development</td> <td>89,823</td> <td></td> <td>89,823</td> <td>25,500</td> </tr> <tr> <td>Home and community environment</td> <td>43,599</td> <td>429,425</td> <td>473,024</td> <td>358,000</td> </tr> <tr> <td>Policy and administration</td> <td>57,893</td> <td></td> <td>57,893</td> <td>165,000</td> </tr> <tr> <td>Non-program</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Total expenditures</td> <td>262,073</td> <td>429,425</td> <td>691,498</td> <td>626,120</td> </tr> <tr> <td>Other financing uses</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Transfers out</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Total other financing sources</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>Total expenditures and other uses</td> <td>262,073</td> <td>429,425</td> <td>691,498</td> <td>626,120</td> </tr> <tr> <td>Revenues and other sources over (under) expenditures and other uses</td> <td>135,845</td> <td>(183,926)</td> <td>(48,080)</td> <td>(208,200)</td> </tr> <tr> <td>Beginning fund balance July 1, 1998</td> <td>113,907</td> <td>418,430</td> <td>532,336</td> <td>532,339</td> </tr> <tr> <td>Ending fund balance June 30, 1999</td> <td>249,752</td> <td>234,504</td> <td>484,256</td> <td>324,139</td> </tr> </table> Note - These balances do not include $__________ held in non-expendable trust funds and $__________ held in agency funds which were not budgeted and are not available for city operations. Agency fund additions totaled $__________ and deductions totaled $__________ <table> <tr> <th>Indebtedness at June 30, 1999</th> <th>Amount - Omit cents</th> <th>Indebtedness at June 30, 1999</th> <th>Amount - Omit cents</th> </tr> <tr> <td>General obligation debt</td> <td>$ 265,000</td> <td>Other long-term debt</td> <td>$</td> </tr> <tr> <td>Revenue bonds debt</td> <td>$ 46,000</td> <td>Short-term debt</td> <td>$</td> </tr> <tr> <td>Special assessment bonds debt</td> <td>$</td> <td>General obligation debt limit</td> <td>$ 1,065,360</td> </tr> </table> CERTIFICATION THE FOREGOING REPORT IS CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF Signature of city clerk Margaret B. Reihman Date 9-30-99 Mark (X) one XX Date published Date posted Printed name of city clerk Margaret B. Reihman Telephone Area code Number Extension 319 628-4784 PLEASE PUBLISH THIS PAGE ONLY