Annual Financial Report FY 2025

https://dom-localgov.iowa.gov/afr?id=9908 11/18/25, 12:16 PM REVENUE P2 CITY OF TIFFIN REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2025 NON-GAAP/CASH BASIS General Special Revenue TIF Special Revenue Debt Service Capital Projects Permanent Total Governmental Proprietary Grand Total Item Description (a) (b) (c) (d) (e) (f) (Sum of (a) through (f)) (h) (Sum of (g) and (h)) (g) (i) Section A - Taxes 1 1 Taxes levied on property 2 2,701,352 207,982 1,034,914 3,944,248 3,944,248 2 Less: Uncollected Property Taxes - Levy Year 3 0 0 3 Net Current Property Taxes 4 2,701,352 207,982 1,034,914 0 0 3,944,248 3,944,248 4 Delinquent Property Taxes 5 0 0 5 Total Property Tax 6 2,701,352 207,982 1,034,914 0 0 3,944,248 3,944,248 6 TIF Revenues 7 2,032,604 2,032,604 2,032,604 7 Other City Taxes Utility Tax Replacement Excise Taxes 8 0 0 8 Utility Franchise Tax (Chapter 364.2, Code of Iowa) 9 0 0 9 Parimutuel Wager Tax 10 0 0 10 Gaming Wager Tax 11 0 0 11 Mobile Home Tax 12 0 0 12 Hotel / Motel Tax 13 19,184 19,184 19,184 13 Other Local Option Taxes 14 951,952 951,952 951,952 14 Total Other City Taxes 15 19,184 951,952 0 0 0 971,136 0 971,136 15 Section B - Licenses and Permits 16 469,119 469,119 469,119 16 Local Government Property Valuation System Section C - Use of Money and Property 17 17 Interest 18 255,035 58,261 313,296 86,349 399,645 18 Rents and Royalties 19 12,950 12,950 12,950 19 Other Miscellaneous Use of Money and Property 20 0 0 20 21 0 0 21 Total Use of Money and Property 22 267,985 0 0 0 58,261 0 326,246 86,349 412,595 22 Section D - Intergovernmental 24 24 Federal Grants and Reimbursements 26 26 Federal Grants 27 132,356 132,356 132,356 27 Community Development Block Grants 28 0 0 28 Housing and Urban Development 29 0 0 29 Public Assistance Grants 30 0 0 30 Payment in Lieu of Taxes 31 0 0 31 32 0 0 32 Total Federal Grants and Reimbursements 33 132,356 0 0 0 0 132,356 0 132,356 33 2/17