Resolutions-2011-56

r STATE orIOWA 2010 16205200900000 FINANCIAL REPORT TIFFIN FISCALYEARENDED CITY OF TIFFIN JUNE 30, 2010 201 MAIN STREET PO BOX 259 TIFFIN, IOWA 52340 CITY OF Please correct any error in name, address, and ZIP Code) avid A. Vaudt, CPA Auditor of State NOTE - The information supplied in this report vill be shared by the, Iowa State Capitol Building State Auditors Office, the U. S. Buriau of the Census, various public interest Des Moines, IA 50319- 0004 groups, and State and federal agencies. ALLFUNDS Item Descrii3tion' Governmental Proprietary Total actual Budget Revenue and Other Financing Sources Taxes levied Property tax 314, 684 314, 684 312111 Less: Uncollected property taxes - levy year 0 0 0 Delinquent property taxes 236 236 0 TIF revenues 11223, 293 93 1, 233, 316 Other city taxes 194, 279 0 194,279 209, 641 Licenses and permits 0 34, 222 34, 222 60, 000 Use of money and property 0 36, 130 36, 130 60, 000 Intergovernmental 958, 991 0 958, 991 978, 695 Charges for fees and service 0 794, 174 794, 174 727, 000 Miscellaneous 0 9, 214 9, 214 19, 000 Other financing sources 0 0 0 124, 000 Total revenues and other sources 2, 691, 483 873, 740 3, 565, 223 3, 723, 763 Expenditures and Other Financing Uses, Public safety 112, 973 34, 675 147, 648 155, 710 Publicworks 277, 885 0 277, 885 280, 738 Culture and recreation 61, 409 38, 126 99, 535 153, 000 Community and economic development 15, 944 26,739 42, 683 55, 000 General government 143, 832 0 143, 832 169, 500 Debt service 208, 597 0 208, 597 119, 749 Capital projects 2, 007, 893 0 2, 007, 893 1, 516, 020 Total government activities expenditures 2, 828, 533 99, 540 2, 928, 073 2, 449, 717 Business type / enterprises 0 709, 364 709, 364 839, 000 Total ALL expenditures 2, 828, 533 709, 364 3, 537, 897 3, 288, 717 Other financing uses, including transfers out 0 0 0 124, 000 Total ALL expenditures/ And other financing sources 2, 828, 533 709, 364 3, 537, 697 3, 412, 717 Excess revenues and other sources over Under) Expenditures/ And other financing uses 137, 0501 164, 376 27, 3261 311, 046 Beginning fund balance July 1, 2009 956, 513 1 809, 31 9 1, 765, 8321 Ending fund balance June 30, 2010 819, 463 973, 695 rl,793, 1581 311, 046 Note - These bal 0 held in non -budgeted internal service funds; 0 held in Pe 0 held In Private Purpose Trust furc 0 held in agency funds which were not budgeted and are not available for city operations. Indebtedness at June 30, 2010 Amount - Omit ce6ts Indebtedness at June 30, 2010 A; nount - Omii cents General obligation debt 755, 417 Other long- term debt - $ 0 Revenue debt 529, 000 Short- term debt $ 19, 909 TIF Revenue debt 936, 000 General obligation debt limit $ 6, 218, 002 CERTIFICATION THE FOREGOING REPORT IS CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF Printed name of city clerk * Area Code Number Extension Ruth Demuth ITelephone I 319 545- 2572 Pate. signed Signature of Mayor of other City official ( Name and Title) Royce W. Phillips, Mayor fo Tiffin February 13, 2011