Fiscal Year 2020 Annual Financial ReportCity of Dubuque
City Council Meeting
Consent Items # 19.
Copyrighted
October 19, 2020
ITEM TITLE: Fiscal Year 2020 Annual Financial Report
SUMMARY: City Manager recommending approval to file the Fiscal Year2020 State
of Iowa Annual Financial Report with the State of Iowa Auditor.
SUGGESTED Suggested Disposition: Receive and File; Approve
DISPOSITION:
ATTACHMENTS:
Description Type
MVM Memo City Manager Memo
Staff Memo Staff Memo
FY20 AFR Supporting Documentation
FY20 AFR Signature Page Supporting Documentation
FY20 AFR Newspaper Notice Supporting Documentation
Masterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fiscal Year 2020 State of Iowa Annual Financial Report
DATE: October 12, 2020
Dubuque
bend
III -America City
11111 r
2007-2012.2013
2017*2019
Director of Finance and Budget Jennifer Larson is recommending approval to file the
Fiscal Year 2020 State of Iowa Annual Financial Report with the State of Iowa Auditor.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Michael C. Van Milligen
MCVM/jml
Attachment
cc: Crenna Brumwell, City Attorney
Cori Burbach, Assistant City Manager
Jennifer Larson, Director of Finance and Budget
Cassie Ross, Assistant Director of Finance
Masterpiece on the Mississippi
TO: Michael C. Van Milligen, City Manager
FROM: Jennifer Larson, Director of Finance and Budget
SUBJECT: Fiscal Year 2020 State of Iowa Annual Financial Report
DATE: October 12, 2020
INTRODUCTION
Dubuque
treed
III -America City
111111
2007.2012.2013
2017*2019
The purpose of this memorandum is to submit the Fiscal Year 2020 State of Iowa Annual
Financial Report.
BACKGROUND
The Annual Financial Report must be filed with State of Iowa Auditor pursuant to the Code of
Iowa Section 384.22 by December 1, 2020.
DISCUSSION
The Annual Financial Report is prepared on a cash basis consistent with the annual budget.
The City is required to publish the first page of this report before filing the report with the
State Auditor's Office. The Dubuque Telegraph Herald will publish this report after City
Council approval.
There is no statutory requirement for the City Council to approve the Annual Financial Report
or pass a resolution prior to publication and filing. However, when possible, City Council
review and approval of the official document is recommended.
REQUEST
I respectfully recommend approval to file the Fiscal Year 2020 State of Iowa Annual Financial
Report with the State of Iowa Auditor.
JML
STATE OF IOWA
2020
FINANCIAL REPORT
FISCAL YEAR ENDED
DUNE 30, 2020
CITY OF DUBUQUE, IOWA
DUE: December 1, 2020
16203100700000
CITY OF DUBUQUE
50 W 13th Street
DUBUQUE IA 52001-4864
POPULATION: 57637
NOTE - The information supplied in this report will be shared by the Iowa State Auditor's Office, the U.S. Census Bureau, various public interest groups, and State and
federal agencies.
ALL FUNDS
Governmental
(a)
Proprietary (b)
Total Actual (c)
Budget (d)
Revenues and Other Financing Sources
Taxes Levied on Property
25,907,300
25,907,300
26,305,451
Less: Uncollected Property Taxes -Levy Year
0
0
0
Net Current Property Taxes
25,907,300
25,907,300
26,305,451
Delinquent Property Taxes
920
920
0
TIF Revenues
9,959,562
9,959,562
10,738,108
Other City Taxes
17,995,431
0
17,995,431
18,167,857
Licenses and Permits
1,466,337
36,915
1,503,252
1,904,123
Use of Money and Property
13,963,472
511,296
14,474,768
14,391,312
Intergovernmental
37,824,568
2,545,052
40,369,620
100,118,847
Charges for Fees and Service
5,647,359
33,528,171
39,175,530
43,900,588
Special Assessments
113,709
0
113,709
30,000
Miscellaneous
3,764,602
5,132,032
8,896,634
11,461,791
Other Financing Sources
26,463,979
18,929,273
45,393,252
38,221,185
Transfers In
24,197,239
5,534,144
29,731,383
36,016,027
Total Revenues and Other Sources
143,107,239
60,682,739
203,789,978
301,255,289
Expenditures and Other Financing Uses
Public Safety
29,268,525
29,268,525
30,915,634
Public Works
12,307,869
12,307,869
14,384,293
Health and Social Services
970,434
970,434
1,313,039
Culture and Recreation
12,316,173
12,316,173
13,840,099
Community and Economic Development
14,432,317
14,432,317
15,029,497
General Government
10,013,656
10,013,656
10,694,999
Debt Service
12,165,590
12,165,590
12,233,320
Capital Projects
28,946,802
28,946,802
89,270,227
Total Governmental Activities Expenditures
120,421,366
0
120,421,366
187,681,108
BUSINESS TYPE ACTIVITIES
54,048,579
54,048,579
95,000,608
Total All Expenditures
120,421,366
54,048,579
174,469,945
282,681,716
Other Financing Uses
23,705,981
6,025,402
29,731,383
Transfers Out
23,705,981
6,025,402
29,731,383
36,016,027
Total All Expenditures/and Other Financing Uses
144,127,347
60,073,981
204,201,328
318,697,743
Excess Revenues and Other Sources Over (Under) Expenditures/and Other Financing
Uses
-1,020,108
608,758
-411,350
-17,442,454
Beginning Fund Balance July 1, 2019
56,906,271
23,976,359
80,882,630
82,384,365
Ending Fund Balance June 30, 2020
55,886,163
24,585,117
80,471,280
64,941,911
NOTE - These balances do not include the following, which were not budgeted and are not available for city operations:
Non -budgeted Internal Service Funds
6,909,377
Pension Trust Funds
Private Purpose Trust Funds
Agency Funds
15,210,269
Indebtedness at June 30, 2020
Amount
Indebtedness at June 30, 2020
Amount
General Obligation Debt
76,664,999
Other Long -Term Debt
6,051,626
Revenue Debt
149,120,645
Short -Term Debt
0
TIF Revenue Debt
19,076,860
General Obligation Debt Limit
227,664,182
CERTIFICATION
The forgoing report is correct to the best of my knowledge and belief
4'----/-''',X-----
Publication
10/21/2020
Signature of Preparer
Printed name of Preparer
Jennifer Larson
Phone Number
5635894322
/
Roy D. Btiol, Mayor
Date Signed
10/19 /20
REVENUE P2
CITY OF DUBUQUE
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2020
NON-GAAP/CASH BASIS
Item Description
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum of (a)
through (f)) (g)
Proprietary
(h)
Grand Total (Sum of
(g) and (h)) (i)
Section A - Taxes
1
1
Taxes levied on property
2
22,171,348
3,469,746
266,206
25,907,300
25,907,300
2
Less: Uncollected Property Taxes -
Levy Year
3
0
0
3
Net Current Property Taxes
4
22,171,348
3,469,746
266,206
0
0
25,907,300
25,907,300
4
Delinquent Property Taxes
5
783
123
14
920
920
5
Total Property Tax
6
22,172,131
3,469,869
266,220
0
0
25,908,220
25,908,220
6
TIF Revenues
7
9,959,562
9,959,562
9,959,562
7
Other City Taxes
Utility Tax Replacement Excise
Taxes
8
0
0
8
Utility Franchise Tax (Chapter
364.2, Code of Iowa)
9
5,007,413
573,297
5,580,710
5,580,710
9
Parimutuel Wager Tax
10
21,304
21,304
21,304
10
Gaming Wager Tax
11
476,913
476,913
476,913
11
Mobile Home Tax
12
45,042
7,073
471
52,586
52,586
12
Hotel / Motel Tax
13
2,262,630
2,262,630
2,262,630
13
Other Local Option Taxes
14
4,800,644
4,800,644
9,601,288
9,601,288
14
Total Other City Taxes
15
12,613,946
580,370
471
4,800,644
0
17,995,431
0
17,995,431
15
Section B - Licenses and Permits
16
1,466,337
1,466,337
36,915
1,503,252
16
Section C - Use of Money and
Property
17
17
Interest
18
12,224,877
134,500
273,411
379,311
6,148
13,018,247
483,841
13,502,088
18
Rents and Royalties
19
750
18,720
19,470
27,455
46,925
19
Other Miscellaneous Use of
Money and Property
20
704,915
220,840
925,755
925,755
20
21
0
0
21
Total Use of Money and
Property
22
12,224,877
840,165
273,411
0
618,871
6,148
13,963,472
511,296
14,474,768
22
Section D - Intergovernmental
24
24
Federal Grants and Reimbursements
26
26
Federal Grants
27
504,965
11,844,182
1,693,797
14,042,944
2,151,576
16,194,520
27
Community Development Block
Grants
28
1,382,353
1,382,353
1,382,353
28
Housing and Urban Development
29
6,017,700
6,017,700
6,017,700
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
504,965
19,244,235
0
1,693,797
0
21,442,997
2,151,576
23,594,573
33
REVENUE P3
CITY OF DUBUQUE
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30, 2020
NON-GAAP/CASH BASIS
Item Description
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum of (a)
through (f)) (g)
Proprietary
(h)
Grand Total (Sum of
(g) and (h)) (i)
Section D - Intergovernmental -
Continued
41
41
State Shared Revenues
43
43
Road Use Taxes
44
7,408,566
7,408,566
7,408,566
44
Other state grants and reimbursements
48
48
State grants
49
525,188
106,583
4,709,559
5,341,330
1,700
5,343,030
49
Iowa Department of Transportation
50
142,803
142,803
333,988
476,791
50
Iowa Department of Natural
Resources
51
0
0
51
Iowa Economic Development
Authority
52
0
0
52
CEBA grants
53
0
0
53
Commercial &Industrial
Replacement Claim
54
830,772
129,965
411,380
10,099
1,382,216
1,382,216
54
Military Credit
55
1,325
90
1,415
1,415
55
56
0
0
56
57
0
0
57
58
0
0
58
59
0
0
59
Total State
60
1,355,960
7,646,439
411,380
10,189
4,852,362
0
14,276,330
335,688
14,612,018
60
Local Grants and Reimbursements
County Contributions
63
555,163
555,163
57,788
612,951
63
Library Service
64
0
0
64
Township Contributions
65
0
0
65
Fire/EMT Service
66
303,806
175,112
478,918
478,918
66
Landfill
67
387,593
387,593
387,593
67
Agency Escrow Disbursement
68
683,567
683,567
683,567
68
69
0
0
69
Total Local Grants and
Reimbursements
70
1,246,562
0
683,567
0
175,112
0
2,105,241
57,788
2,163,029
70
Total Intergovernmental (Sum of
lines 33, 60, and 70)
71
3,107,487
26,890,674
1,094,947
10,189
6,721,271
0
37,824,568
2,545,052
40,369,620
71
Section E -Charges for Fees and Service
72
72
Water
73
0
8,930,249
8,930,249
73
Sewer
74
9,899
9,899
12,527,870
12,537,769
74
Electric
75
0
0
75
Gas
76
0
0
76
Parking
77
360
360
2,131,270
2,131,630
77
Airport
78
2,580,668
46,569
122,690
2,749,927
2,749,927
78
Landfill/garbage
79
0
4,378,362
4,378,362
79
Hospital
80
0
0
80
REVENUE P4
CITY OF
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30,
NON-GAAP/CASH BASIS
Item Description
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum of (a)
through (f)) (g)
Proprietary
(h)
Grand Total (Sum of
(g) and (h)) (i)
Section E - Charges for Fees and
Service - Continued
81
81
Transit
82
0
337,269
337,269
82
Cable TV
83
0
0
83
Internet
84
0
0
84
Telephone
85
0
0
85
Housing Authority
86
0
0
86
Storm Water
87
0
4,876,223
4,876,223
87
Other:
88
88
Nursing Home
89
0
0
89
Police Service Fees
90
32,290
32,290
32,290
90
Prisoner Care
91
0
0
91
Fire Service Charges
92
0
0
92
Ambulance Charges
93
1,395,218
1,395,218
1,395,218
93
Sidewalk Street Repair Charges
94
27,972
1,255
29,227
29,227
94
Housing and Urban Renewal
Charges
95
98,394
98,394
98,394
95
River Port and Terminal Fees
96
211.083
211,083
346,753
557,836
96
Public Scales
97
0
0
97
Cemetery Charges
98
0
0
98
Library Charges
99
25,962
25,962
25,962
99
Park, Recreation, and Cultural
Charges
100
1,070,685
9,096
1,079,781
175
1,079,956
100
Animal Control Charges
101
0
0
101
Copies
102
11,792
11,792
11,792
102
Weed/Snow Nuisance
103
3,426
3,426
3,426
103
Total Charges for Service
104
5,256,666
268,003
0
0
122,690
0
5,647,359
33,528,171
39,175,530
104
Section F - Special Assesments
106
113,709
113,709
113,709
106
Section G - Miscellaneous
107
107
Contributions
108
722,160
24,580
175,675
2,684
158
925,257
180,146
1,105,403
108
Deposits and Sales/Fuel Tax
Refunds
109
103,217
106,327
2,197
211,741
80,251
291,992
109
Sale of Property and Merchandise
110
0
0
110
Fines
111
362,018
362,018
198,506
560,524
111
Internal Service Charges
112
782,514
782,514
3,545,661
4,328,175
112
Misc Charges, Damage Claims,
113
796,361
129,983
4,805
551,923
1,483,072
1,127,468
2,610,540
113
114
0
0
114
115
0
0
115
116
0
0
116
117
0
0
117
118
0
0
118
119
0
0
119
Total Miscellaneous
120
2,766,270
260,890
180,480
0
556,804
158
3,764,602
5,132,032
8,896,634
120
REVENUE P5
CITY OF
REVENUE AND OTHER FINANCING SOURCES FOR YEAR ENDED JUNE 30,
NON-GAAP/CASH BASIS
Item Description
General
(a)
Special
Revenue
(b)
TIF Special
Revenue (c)
Debt
Service
(d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum
of (a) through (f)) (g)
Proprietary
(h)
Grand Total
(Sum of (g) and
(h)) (i)
Total All Revenues (Sum of lines 6, 7,
15,16,22, 71, 104, 106, and 120)
121
59,607,714
32,423,680
11,508,400
276,880
12,820,280
6,306
116,643,260
41,753,466
158,396,726
121
Section H - Other Financing Sources
123
123
Proceeds of capital asset sales
124
53,048
149,106
609,241
3,000
814,395
4,966
819,361
124
Proceeds of long-term debt (Excluding TIF
internal borrowing)
125
31,678
1,420,667
1,452,345
13,390,163
14,842,508
125
Proceeds of anticipatory warrants or other short-
term debt
126
0
0
126
Regular transfers in and interfund loans
127
9,363,438
141,821
4,720,847
1,279,064
15,505,170
4,177,307
19,682,477
127
Internal TIF loans and transfers in
128
533,960
150,000
5,737,229
2,270,880
8,692,069
1,356,837
10,048,906
128
129
0
0
129
130
0
0
130
Total Other Financing Sources
131
9,982,124
440,927
609,241
11,878,743
3,552,944
0
26,463,979
18,929,273
45,393,252
131
Total Revenues Except for Beginning
Balances (Sum of lines 121 and 131)
132
69,589,838
32,864,607
12,117,641
12,155,623
16,373,224
6,306
143,107,239
60,682,739
203,789,978
132
Beginning Fund Balance July 1, 2019
134
19,539,251
7,844,454
8,193,618
9,967
21,228,304
90,677
56,906,271
23,976,359
80,882,630
134
Total Revenues and Other Financing
Sources (Sum of lines 132 and 134)
136
89,129,089
40,709,061
20,311,259
12,165,590
37,601,528
96,983
200,013,510
84,659,098
284,672,608
136
EXPENDITURES P6
CITY OF DUBUQUE
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2020
NON-GAAP/CASH BASIS
Item Description
Line
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(0through
(
Total Governmental (Sum of cols. (a)
(0) (g)
Proprietary
(h)
Grand Total (Sum of
col. (g)) (i)
Line
Section A - Public Safety
1
1
Police Depaitnient/Crime
Prevention
2
15,085,305
3,102
15,088,407
15,088,407
2
Jail
3
0
0
3
Emergency Management
4
1,598,546
1,598,546
1,598,546
4
Flood control
5
247,654
247,654
247,654
5
Fire Department
6
9,269,476
9,269,476
9,269,476
6
Ambulance
7
1,955,393
1,955,393
1,955,393
7
Building Inspections
8
747,180
747,180
747,180
8
Miscellaneous Protective Services
9
0
0
9
Animal Control
10
361,869
361,869
361,869
10
Other Public Safety
11
0
0
11
12
0
0
12
13
0
0
13
Total Public Safety
14
29,265,423
3,102
0
0
0
29,268,525
29,268,525
14
Section B - Public Works
15
15
Roads, Bridges, Sidewalks
16
1,226,170
3,554,627
4,780,797
4,780,797
16
Parking Meter and Off -Street
17
0
0
17
Street Lighting
18
311,847
814,957
1,126,804
1,126,804
18
Traffic Control Safety
19
118,129
12,000
130,129
130,129
19
Snow Removal
20
1,350,736
1,350,736
1,350,736
20
Highway Engineering
21
0
0
21
Street Cleaning
22
653,080
653,080
653,080
22
Airport (if not an enterprise)
23
3,875,243
3,875,243
3,875,243
23
Garbage (if not an enterprise)
24
0
0
24
Other Public Works
25
391,080
391,080
391,080
25
26
0
0
26
27
0
0
27
Total Public Works
28
5,922,469
6,385,400
0
0
0
12,307,869
12,307,869
28
Section C - Health and Social
Services
29
29
Welfare Assistance
30
0
0
30
City Hospital
31
0
0
31
Payments to Private Hospitals
32
0
0
32
Health Regulation and Inspections
33
368,147
35,878
404,025
404,025
33
Water, Air, and Mosquito Control
34
0
0
34
Community Mental Health
35
0
0
35
Other Health and Social Services
36
528,653
528,653
528,653
36
Social Services Grants
37
37,756
37,756
37,756
37
38
0
0
38
Total Health and Social
Services
39
896,800
73,634
0
0
0
970,434
970,434
39
Section D - Culture and
Recreation
40
40
Library Services
41
3,352,167
138,749
1,760
3,492,676
3,492,676
41
Museum, Band, Theater
42
0
0
42
Parks
43
3,227,967
2,030
3,229,997
3,229,997
43
Recreation
44
3,207,213
110,146
3,317,359
3,317,359
44
Cemetery
45
0
0
45
Community Center, Zoo, Marina,
and Auditorium
46
1,922,485
1,922,485
1,922,485
46
Other Culture and Recreation
47
353,656
353,656
353,656
47
48
0
0
48
49
0
0
49
Total Culture and
Recreation
50
12,063,488
250,925
0
0
1,760
12,316,173
12,316,173
50
EXPENDITURES P7
CITY OF
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, -- Cont.nued
NON-GAAP/CASH BASIS
Item description
Line
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum of cols.
(a) through (f)) (g)
Proprietary
(h)
Grand Total (Sum
of col. (g)) (i)
Line
Section E — Community and
Economic Development
51
51
Community beautification
52
57,392
95,157
152,549
152,549
52
Economic development
53
2,154,611
317,686
2,472,297
2,472,297
53
Housing and urban renewal
54
1,312,574
7.095,022
8,407,596
8,407,596
54
Planning and zoning
55
945,420
945,420
945,420
55
Other community and economic
development
56
0
0
56
TIF Rebates
57
2,454,455
2,454,455
2,454,455
57
58
0
0
58
Total Community and Economic
Development
59
4,469,997
7,190,179
2,772,141
0
0
0
14,432,317
14,432,317
59
Section F — General Government
60
60
Mayor, Council and City Manager
61
2,502,328
344,199
2,846,527
2,846,527
61
Clerk, Treasurer, Financial
Administration
62
3,582,200
3,582,200
3,582,200
62
Elections
63
0
0
63
Legal Services and City Attorney
64
1,073,134
1,073,134
1,073,134
64
City Hall and General Buildings
65
866,433
866,433
866,433
65
Tort Liability
66
0
0
66
Other General Government
67
1,381,540
263,822
1,645,362
1,645,362
67
68
0
0
68
69
0
0
69
Total General Government
70
9,405,635
608,021
0
0
0
10,013,656
10,013,656
70
SectionG — Debt Service
71
12,165,590
12,165,590
12,165,590
71
72
0
0
72
73
0
0
73
Total Debt Service
74
0
0
0
12,165,590
0
0
12,165,590
12,165,590
74
Section H — Regular Capital
Projects — Specify
75
75
Government Capital Projects
76
2,028,928
12,694,225
8,723,516
23,446,669
23,446,669
76
77
0
0
77
Subtotal Regular Capital
Projects
78
2,028,928
12,694,225
0
8,723,516
0
23,446,669
23,446,669
78
TIF Capital Projects — Specify
79
79
TIF Capital Projects
80
5,500,133
5,500,133
5,500,133
80
81
0
0
81
Subtotal TIF Capital Projects
82
0
0
0
5,500,133
0
5,500,133
5,500,133
82
Total Capital Projects
83
2,028,928
12,694,225
0
14,223,649
0
28,946,802
28,946,802
83
Total Governmental Activities
Expenditures
84
64,052,740
27,205,486
2,772,141
12,165,590
14,223,649
1,760
120,421,366
120,421,366
84
(Sum of lines 14, 28, 39, 50, 59,
70, 74, 83)
85
85
TIF Rebates are expended out of the TIF Special Revenue Fund within the Community and Economic Development program's actin ty "Other"
EXPENDITURES P8
CITY OF
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, -- Continued
NON-GAAP/CASH BASIS
Item description
Line
General
(a)
Special
Revenue (b)
TIF Special
Revenue (c)
Debt
Service (d)
Capital
Projects (e)
Permanent
(0through
Total Governmental (Sum of cols. (a)
(I)) (g)
Proprietary
(h)
Grand Total (Sum of
col. (g)) (i)
Line
Section I — Business Type
Activities
87
87
Water —Current Operation
88
5,351,051
5,351,051
88
Capital Outlay
89
3,240,542
3,240,542
89
Debt Service
90
4,970,399
4,970,399
90
Sewer and Sewage Disposal —
Current Operation
91
5,560,625
5,560,625
91
Capital Outlay
92
2,605,960
2,605,960
92
Debt Service
93
6,402,886
6,402,886
93
Electric — Current Operation
94
0
94
Capital Outlay
95
0
95
Debt Service
96
0
96
Gas Utility — Current Operation
97
0
97
Capital Outlay
98
0
98
Debt Service
99
0
99
Parking — Current Operation
100
1,673,346
1,673,346
100
Capital Outlay
101
90,136
90,136
101
Debt Service
102
1,479,507
1,479,507
102
Airport — Current Operation
103
0
103
Capital Outlay
104
0
104
Debt Service
105
0
105
Landfill/Garbage — Current
operation
106
3,052,621
3,052,621
106
Capital Outlay
107
3,831
3,831
107
Debt Service
108
7,286
7,286
108
Hospital — Current Operation
109
0
109
Capital Outlay
110
0
110
Debt Service
111
0
111
Transit— Current Operation
112
3,804,027
3,804,027
112
Capital Outlay
113
239,768
239,768
113
Debt Service
114
0
114
Cable TV, Telephone, Internet —
Current Operation
115
0
115
Capital Outlay
116
0
116
Housing Authority — Current
Operation
117
0
117
Capital Outlay
118
0
118
Debt Service
119
0
119
Storm Water Current Operation
120
1,547,059
1,547,059
120
Capital Outlay
121
8,197,431
8,197,431
121
Debt Service
122
2,207,270
2,207,270
122
Other Business Type — Current
Operation
123
305,918
305,918
123
Capital Outlay
124
3,161
3,161
124
Debt Service
125
0
125
Internal Service Funds — Specify
126
126
Engineering/Stores/Central Printing
127
3,291,495
3,291,495
127
Garage Capital
128
14,260
14,260
128
Total Business Type
Activities
129
54,048,579
54,048,579
129
EXPENDITURES P9
CITY OF DUBUQUE
EXPENDITURES AND OTHER FINANCING USES FOR FISCAL YEAR ENDED JUNE 30, 2020 -- Continued
NON-GAAP/CASH BASIS
Item description
Line
General
(a)
Special
Revenue
(b)
TIF Special
Revenue (c)
Debt
Service
(d)
Capital
Projects (e)
Permanent
(f)
Total Governmental (Sum of
cols. (a) through (f)) (g)
Proprietary
(h)
Grand Total
(Sum of col.
(g)) (i)
Line
Subtotal Expenditures (Sum of lines 84
and 129)
130
64,052,740
27,205,486
2,772,141
12,165,590
14,223,649
1,760
120,421,366
54,048,579
174,469,945
130
Section J — Other Financing Uses Including
Transfers Out
131
131
Regular transfers out
132
5,262,664
4,205,841
4,188,570
13,657,075
6,025,402
19,682,477
132
Internal TIF loans/repayments and transfers
out
133
10,048,906
10,048,906
10,048,906
133
134
0
0
134
Total Other Financing Uses
135
5,262,664
4,205,841
10,048,906
0
4,188,570
0
23,705,981
6,025,402
29,731,383
135
Total Expenditures and Other Financing
Uses (Sum of lines 130 and 135)
136
69,315,404
31,411,327
12,821,047
12,165,590
18,412,219
1,760
144,127,347
60,073,981
204,201,328
136
137
137
Ending fund balance June 30, :
138
138
Governmental:
139
139
Nonspendable
140
95,223
95,223
95,223
140
Restricted
141
9,297,734
7,490,212
2,080,000
18,867,946
18,867,946
141
Committed
142
4,977,666
17,109,309
22,086,975
22,086,975
142
Assigned
143
1,000
1,000
1,000
143
Unassigned
144
14,835,019
14,835,019
14,835,019
144
Total Governmental
145
19,813,685
9,297,734
7,490,212
0
19,189,309
95,223
55,886,163
55,886,163
145
Proprietary
146
24,585,117
24,585,117
146
Total Ending Fund Balance June 30,
147
19,813,685
9,297,734
7,490,212
0
19,189,309
95,223
55,886,163
24,585,117
80,471,280
147
Total Requirements (Sum of lines 136 and
147)
148
89,129,089
40,709,061
20,311,259
12,165,590
37,601,528
96,983
200,013,510
84,659,098
284,672,608
148
OTHER P10
Part III Intergovernmental Expenditures Please repo
below expenditures made to the State or to other local governments on a reimbursement or cost sharing basis. Include these expenditures in part II. Enter amount.
Purpose
Amount paid to other local governments
Purpose
Amount paid to State
Correction
Highways
Health
All other
Highways
Transit Subsidies
Libraries
Police protection
Sewerage
Sanitation
All other
Part IV
Wages & Salaries Report here the total salaries and wages paid to all employees of your government before deductions of social security, retirement, etc. Include also salaries and wages paid to employees of any utility owned
and operated by your government, as well as salaries and wages of municipal employees charged to construction projects.
YOU ARE REQUIRED TO ENTER SALARY DOLLARS IN THE Amount areas FOR SALARIES AND WAGES PAID
Amount
Total Salaries and Wages Paid
44.396.588
Part V Debt Outstanding, Issued, and Retired
Transit subsidies
A. Long -Term Debt
Debt During the Fiscal Year
Debt Outstanding JUNE 30, 2020
Purpose
Line
Debt Outstanding JULY 1, 2019
Issued
Retired
General Obligation
TIF Revenue
Revenue
Other
Interest Paid This Year
Water Utility
1.
27,069,500
4,844,418
4,131,165
11,438,806
14,343,947
2,000,000
839,235
Sewer Utility
2.
77,247,256
2,028,430
4,729,711
9,747,334
64,798,641
1,673,174
Electric Utility
3.
Gas Utili
y
4.
Transit -Bus
5.
3,433,499
237,218
3,196,281
86,829
Industrial Revenue
6.
Mortgage Revenue
7.
TIF Revenue
8.
50,251,541
305,629
3,505,751
24,040,448
19,076,860
600,000
2,298,678
Other Purposes / Miscellaneous
9.
70,646
5,222
65,424
2,064
GO
10.
12,525,108
1,067,277
2,567,022
11,060,179
3,299,295
459,645
Parking
11.
7,212,547
126.133
1,273,733
5,912,616
152.331
205,774
Airport
12.
3,111,384
261,043
2,850,341
95,372
Stormwater
13.
74,766,602
6,346,265
2,781,240
8,353,570
69,978,057
2,068,117
Section 108
14.
Total Long -Term
255,688,083
14,718,152
19,492,105
76,664,999
19,076,860
149,120,645
6.051.626
7,728,888
B. Short -Term Debt Amount
Outstanding as of July 1, 2019
Outstanding as of JUNE 30, 2020
DEBT LIMITATION FOR GENERAL OBLIGATIONS
Part VI Actual valuation -- January 1, 2018
Part VII CASH AND INVESTMENT ASSETS AS OF JUNE 30, 2020
Type of asset
Cash and investments - Include cash on hand, CD's, time, checking and savings deposits, Federal securities,
Federal agency securities, State and local government securities, and all other securities. Exclude value of real
property.
REMARKS
4,553,283,653
Amount
Amount
x.0.5 = $
227,664,182.65
Bond and interest Bond construction Pension/retirement All other Funds Total (e)
funds (a) funds (b) funds (c) (d)
6 828 682
98 392 871 105 221 553
If you budget on a NON-GAAP CASH BASIS, the amount in the Total above SHOULD EQUAL the above
summed amounts on the sheet All Funds P 1: Ending fund balance, column C PLUS the amounts in the shaded
Note area.
STATE OF IOWA
2020
FINANCIAL REPORT
FISCAL YEAR ENDED
JUNE 30, 2020 CITY OF DUBUQUE, IOWA
DUE: December 1, 2020
16203100700000
CITY OF DUBUQUE
50 W 13th Street
DUBUQUE IA 52001-4864
POPULATION: 57637
NOTE - The information supplied in this report will be shared by the Iowa State Auditor's Office, the U.S. Census Bureau, various public interest groups, and State and federal
agencies.
ALL FUNDS
Governmental (a)
Proprietary (b)
Total Actual (c)
Budget (d)
Revenues and Other Financing Sources
Taxes Levied on Property
25907300
25,907,300
26,305,451
Less: Uncollected Property Taxes -Levy Year
0
0
0
Net Current Property Taxes
25,907,300
25,907,300
26,305,451
Delinquent Property Taxes
920
920
0
TIF Revenues
9,959,562
9,959,562
10,738,108
Other City Taxes
17,995,431
0
17,995,431
18,167,857
Licenses and Permits
1,466,337
36,915
1,503,252
1,904,123
Use of Money and Property
13,963,472
511,296
14,474,768
14,391,312
Intergovernmental
37,824,568
2,545,052
40,369,620
100,118,847
Charges for Fees and Service
5,647,359
33,528,171
39,175,530
43,900,588
Special Assessments
113,709
0
113,709
30,000
Miscellaneous
3,764,602
5,132,032
8,896,634
11,461,791
Other Financing Sources, Including Transfers in
26,463,979
18,929,273
45,393,252
74,237,212
Total Revenues and Other Sources
143,107,239
60,682,739
203,789,978
301,255,289
Expenditures and Other Financing Uses
Public Safety
29,268,525
29,268,525
30,915,634
Public Works
12,307,869
12,307,869
14,384,293
Health and Social Services
970,434
970,434
1,313,039
Culture and Recreation
12,316,173
12,316,173
13,840,099
Community and Economic Development
14,432,317
14,432,317
15,029,497
General Government
10,013,656
10,013,656
10,694,999
Debt Service
12,165,590
12,165,590
12,233,320
Capital Projects
28,946,802
28,946,802
89,270,227
Total Governmental Activities Expenditures
120,421,366
0
120,421,366
187,681,108
Business type activities
54,048,579
54,048,579
95,000,608
Total All Expenditures
120,421,366
54,048,579
174,469,945
282,681,716
Other Financing Uses, Including Transfers Out
23,705,981
6,025,402
29,731,383
36,016,027
Total All Expenditures/and Other Financing Uses
144,127,347
60,073,981
204,201,328
318,697,743
Excess Revenues and Other Sources Over (Under) Expenditures/and Other Financing Uses
-1,020,108
608,758
-411,350
-17,442,454
Beginning Fund Balance July 1, 2019
56,906,271
23,976,359
80,882,630
82,384,365
Ending Fund Balance June 30, 2020
55,886,163
24,585,117
80,471,280
64,941,911
NOTE - These balances do not include the following, which were not budgeted and are not available for city operations:
Non -budgeted Internal Service Funds
6,909,377
Pension Trust Funds
Private Purpose Trust Funds
Agency Funds
15,210,269
Indebtedness at June 30, 2020
Amount
Indebtedness at June 30, 2020
Amount
General Obligation Debt
76,664,999
Other Long -Term Debt
6,051,626
Revenue Debt
149,120,645
Short -Term Debt
0
TIF Revenue Debt
19,076,860
General Obligation Debt Limit
227,664,182
STATE OF IOWA SS:
DUBUQUE COUNTY
CERTIFICATE OF PUBLICATION
I, Kathy Goetzinger, a Billing Clerk for Woodward
Communications, Inc., an Iowa corporation, publisher
of the Telegraph Herald, a newspaper of general
circulation published in the City of Dubuque, County
of Dubuque and State of Iowa; hereby certify that the
attached notice was published in said newspaper on the
following dates: '
10/21/2020
and for which the charge is 146.75
STbscribed to before me, Notary Public i( ad for
Dubuque County, Iowa,
this 21 st day of October, 2020
_ ----
Nota blic in and for Dubuque ounty, Iowa.
Comnmissim Number 199959
Wy Comm. Exp, DEC 11, 2622