Resolutions-2011-56 (3)

Form F -66 ( IA -2) 4-20- 2011) STATE OF IOWA 2011 FINANCIAL REPORT 16205200900000 FISCAL YEAR ENDED City of Tiffin JUNE 30, 2011 201 Main St PO Box 259 Iffin, Ia. 52340 CITY OF TIFFIN , IOWA DUE: December 1, 2011 Please correct any error in name, address, and ZIP Code) WHEN David A. Vaudt, CPA COMPLETED, Auditor of State NOTE - The information supplied in this report will be shared by the Iowa State PLEASE State Capitol Building Auditor' s Office, the U. S. Census Bureau, various public interest groups, and State RETURN TO Des Moines, IA 50319 -0004 and federal agencies. ALL FUNDS Item description Govemmental Proprietary Total actual Budget a) b)....... c) d) Revenues and Other Financing Sources Taxes levied on property 312, 195 312, 195 312, 111 Less: Uncollected property taxes - levy year 0 0 0 Net current property taxes 312, 195 312, 195 312, 111 Delinquent property taxes 277 277 0 TIF revenues 1, 247,017 1, 247, 017 1, 309, 493 Other city taxes 181, 481 13 502 194, 983 197, 176 Licenses and permits 0 35, 445 35, 445 61, 000 Use of money and property 0 53, 737 53, 737 40, 000 Intergovernmental 123, 747 0 123, 747 862, 000 Charges for fees and service 0 757, 330 757, 330 733, 000 Special assessments 0 0 0 0 Miscellaneous 0 61, 547 61, 547 20, 000 Other financing sources 599, 448 0 599, 448 Total revenues and other sources 2, 464, 165 921, 561 3, 385, 726 3, 534, 780 Expenditures and Other Financing Uses Public safety 166, 933 0 166, 933 168, 171 Public works 229, 232 0 229, 232 264, 748 Health and social services 0 0 0 0 Culture and recreation 114, 153 0 114, 153 221, 883 Community and economic development 55,465 0 55, 465 61, 000 General government 156,060 0 156, 060 161, 055 Debt service 215, 394 0 215, 394 128, 923 Capital projects 429, 898 0 429, 898 1, 296, 900 Total governmental activities expenditures 1, 367, 135 0 1, 367, 135 2, 302, 6$ 0 Business type activities 0 508, 447 508, 447 857, 000 Total ALL expenditures 1, 367, 135 508, 447 1, 875, 582 3, 159, 680 Other financing uses, including transfers out 382, 768 216, 680 599, 448 Total ALL expenditures /And other financing uses 1, 749, 903 725, 127 2, 475, 030 3, 159, 680 Excess revenues and other sources over Under) Expenditures / And other financing uses 714, 262 196, 434 910, 696 375, 100 Beginning fund balance July 1, 2010 819, 463 973, 695 1, 793, 158 2, 137, 870 Ending fund balance June 30, 2011 1, 533, 725 1, 170, 129 2, 703, 854 2, 512, 970 Note - These balances do not include $ 0 held in non -budgeted intemal 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, 2011 Amount - Omit cents Indebtedness at June 30, 2011 Amount - Omit cents General obligation debt 656, 412 Other long - tens debt 0 Revenue debt 521, 172 Short- term debt 0 TIF Revenue debt 876; 000 General obligation debt limit 6, 638, 259 CERTIFICATION THE FOREGOING REPORT IS CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF Signature of city clerk Date Published/ Postec Mark ( x) one E DNe ROlehed 0 Dole Pooled Printed name of city clerk Area Code Number Extension Telephone - I. Ruth Demuth 319 545 - 2572 Signature of Mayor of other City ofciaj' Name and Title) Date signed ROYCE W PHILLIPS 11. 18. 2011 PLEASE PUBLISH THIS PAGE ONLY