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Fiscal Year 2027 Amended Budget Recommendation
TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Amended Fiscal Year 2027 Budget Recommendation DATE: April 23, 2026 Chief Financial Officer Jennifer Larson is recommending City Council approval of the Amended Fiscal Year 2027 Budget Recommendation. If the amended FY 2027 budget recommendation with a property tax rate of $10.0632 is approved, it will be lower than the FY 2027 budget guideline of $10.16480 adopted by the City Council on March 23, 2026. The amended property tax rate recommendation means no increase in the property tax rate from FY 2026 to FY 2027. The City Council adopted a guideline for a property tax cost increase for the average residential property owner of 3%. The revised recommended property tax cost increase for the average residential property owner is now 1.97%. A field audit of solid waste collection customer accounts was completed to verify the accuracy of billing. Staff identified corrections that resulted in a net revenue increase of $71,813 for FY 2027. Because this additional revenue reduces the amount that needs to be recovered through rates, the recommended rate increase can be lowered from 9% to 8%. Page 5 of 243 The following summarizes the recommended rate changes for the enterprise funds, water, sanitary sewer, refuse, and stormwater for the average residential user. I concur with the recommendation and respectfully recommend Mayor and City Council approval. _____________________________ Michael C. Van Milligen MCVM:jml Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Chief Financial Officer Laura Bendorf, Budget Manager Page 6 of 243 TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Chief Financial Officer SUBJECT: Amended Fiscal Year 2027 Budget Recommendation DATE: April 23, 2026 The Fiscal Year (FY) 2027 Budget Recommendation was presented to City Council on March 23, 2026. There have been changes that have resulted in an Amended Fiscal Year 2027 Budget Recommendation. FY 2027 Proposed Property Tax Levy The City Council approved a maximum property tax levy in FY 2027 of $10.16480 and maximum property tax dollars of $31,940,934 on March 23, 2026. The maximum levy that can be adopted by City Council is $10.16480. As of April 20, 2026, the Amended FY 2027 Budget Recommendation proposes the recommended property tax rate of $10.06372, or $31,623,827 in total property tax dollars. FY 2027 Amended Budget Recommendation The following changes occurred after the FY 2027 Budget Recommendation was presented to the Mayor and City Council on April 6, 2026. General Fund Dubuque Racing Association Rent Revenue The lease agreement with Dubuque Racing Association for the Q Casino provides for monthly rent payments based on 1.5% of coin in from slot machines, 4.8% of gross revenue from table games, and 0.5 % of sports wagering. In calendar year 2025, the DRA (Q Casino) reported an increase of +8.7% in gross gaming revenue (GGR). The overall Dubuque gaming market reached approximately $125.7 million in calendar 2025, reflecting a +2.5% increase from the $122.6 million reported in calendar year 2024. The growth in GGR at DRA (Q Casino) was anticipated, as several redeveloped outlets—including the casino floor, food and beverage (F&B) operations, and banquet facilities—were fully open during the year. In addition to gaming revenue growth, the DRA continued to see growth in non-gaming revenue streams, particularly in food and beverages and the newly developed banquet and event space. This combined growth contributed to an overall increase in total gross revenue of approximately +9% in calendar year 2025 compared to calendar year 2024. Page 7 of 243 2 The DRA projected that gross gaming revenue will remain relatively flat in calendar year 2027, primarily due to the anticipated opening of the Linn County (Cedar Rapids) casino on December 31, 2026. Despite this, total gross revenue is expected to increase by approximately +2.63% in 2027, driven by continued expansion in auxiliary revenue streams such as hotel operations, food and beverage, and banquet services. Converting the DRA rent projections to the City’s fiscal year (July 1 through June 30), it was anticipated that rent in FY 2027 would increase 1.84% from the revised FY 2026 projection. The amount of DRA rent included in the FY 2027 budget recommendation presented to City Council on April 6, 2026, was $7,079,186. The DRA has announced that its first quarter revenues for calendar year 2026 have exceeded projections, demonstrating the conservative nature of their forecasts. The rent payments to the city for the first three months of the calendar year 2026 have exceeded DRA projections by 6.3%. While the DRA is not prepared to increase their revenue projections, I feel comfortable increasing the city DRA rent revenue projection by approximately 3%. Updated city estimates now project DRA rent revenues at $7,302,571, representing a $223,385 increase in general fund revenue from the recommended FY 2027 budget. It is recommended that this additional revenue is used to reduce the amount of property tax increase. This additional revenue reduces the property tax rate by -$0.07121 or -0.7%. The amended FY 2027 budget recommendation includes an increase of $223,385 in recurring revenue to the General Fund from increased DRA rent projections. This increase in revenue is recommended to lower the General Fund property tax rate by -$0.07121 (-0.71%). The Five Flags pay to other agency expense line has been reduced for FY 2027, decreasing from $1,294,877 to $1,201,155. This adjustment results in General Fund savings of $93,722. Oak View Group, the contracted private management company for Five Flags, has reported that an increased number of events and adjustments to rental and co-promotion rate schedules have contributed to higher adjusted gross income, thereby reducing the required subsidy. The amended FY 2027 budget recommendation includes a decrease of $93,722 in recurring expenses to the General Fund for the reduction in Five Flags pay to other agency expense. This decrease in recurring expenses is recommended to lower the General Fund property tax rate by -$0.02987 (-0.29%). The combined change to the property tax rate is a reduction of -$0.10108 or -1.00%. This would mean there would be no increase in the property tax rate. Page 8 of 243 3 Enterprise Funds The following summarizes the recommended rate changes for the enterprise funds, water, sanitary sewer, solid waste collection, and stormwater for the average residential user. Solid Waste Collection A field audit of solid waste collection customer accounts was completed to verify the accuracy of billing. Staff identified corrections that resulted in a net revenue increase of $71,813 for FY 2027. Because this additional revenue reduces the amount that needs to be recovered through rates, the recommended rate increase can be lowered from 9% to 8%. Page 9 of 243 4 The FY 2027 Amended Budget Recommendation includes an 8% increase in the solid waste collection rate. Solid Waste Collection Rate Comparison of Ten Largest Iowa Cities The highest rate (Ames) is 42% higher than Dubuque’s rate, and the average is 2% higher than Dubuque. Water The FY 2027 Budget Recommendation includes a 3.00% increase in the water user fee. The highest rate (Cedar Rapids) is 32% higher than Dubuque’s rate, and the average is 16.2% higher than Dubuque. Water Rate Comparison Seven Largest Iowa Cities With Water Softening Page 10 of 243 5 Sanitary Sewer The FY 2027 Budget Recommendation includes a 9% increase in the sanitary sewer user fee. The highest rate (Des Moines) is 18% higher than Dubuque’s rate, and the average is 10% lower than Dubuque. Stormwater The FY 2027 Budget Recommendation includes a 9% increase in the stormwater user fee. The highest rate (Des Moines) is 70% higher than Dubuque’s rate, and the average is 35% lower than Dubuque. Stormwater Comparison Ten Largest Iowa Cities Sanitary Sewer Comparison Ten Largest Iowa Cities Page 11 of 243 6 Recommendation If the amended FY 2027 budget recommendation with a property tax rate of $10.0632 is approved, it will be lower than the FY 2027 budget guideline of $10.16480 adopted by the City Council on March 23, 2026. The amended property tax rate recommendation means no increase in the property tax rate from FY 2026 to FY 2027. The City Council adopted a guideline for a property tax cost increase for the average residential property owner of 3%. The revised recommended property tax cost increase for the average residential property owner is now 1.97%. The following outlines the impact of lowering the FY 2027 tax rate from $10.16480 to $10.06372. FY2026 Recommended FY2027 Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change Tax Rate $10.06370 $10.16480 $10.06370 0% $0 Tax Cost (Avg. Residential Value =$213,211 $889.20 $915.88 $906.76 +1.97% +$17.56 Commercial Property Impacts: Property Value FY 2027 Properties FY2026 Rec’d FY2027 Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change $150,000 or less 381 $716.01 $679.03 $672.27 -6.11% -$43.74 $150,001-$300,000 225 $2,074.61 $2,051.21 $2,030.88 -2.11% -$43.73 $300,001-$450,000 167 $3,433.21 $3,423.52 $3,389.47 -1.27% -$43.74 Avg=$624,927 636 $4,253.76 $5,023.81 $4,973.85 +16.93% +$720.09 Industrial Property Impacts: Property Value FY 2027 Properties FY2026 Rec’d FY2027 Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change $150,000 or less 8 $716.01 $679.03 $672.27 -6.11% -$43.74 $150,001-$300,000 3 $2,074.61 $2,051.21 $2,030.88 -2.11% -$43.73 $300,001-$450,000 3 $3,433.21 $3,423.52 $3,389.47 -1.27% -$43.74 Avg=$624,927 58 $5,090.27 $6,000.54 $5,940.87 +16.71% +$850.60 Page 12 of 243 7 Dubuque has the LOWEST property tax rate as compared to the eleven largest cities in the state. The highest rate (Waterloo) is 116% higher than Dubuque’s rate, and the average is 53% higher than Dubuque’s rate. Dubuque's recommended FY 2027 property tax is $10.06372 (no increase from FY 2026). Dubuque is the SECOND LOWEST taxes per capita as compared to the eleven largest cities in the state. The highest (West Des Moines) is 119% higher than Dubuque's taxes per capita, and the average is 66% higher than Dubuque. $10.06 $10.27 $10.54 $11.74 $15.36 $15.43 $15.51 $16.58 $16.66 $17.48 $17.56 $21.79 $0 $5 $10 $15 $20 $25 Dubu q u e Ame s Anke n y West D e s M o i n e s Aver a g e W / O D u b u q u e Iow a C i t y Siou x C i t y Dave n p o r t Ceda r R a p i d s Coun c i l B l u f f s Des M o i n e s Wate r l o o Fiscal Year 2027 Property Tax Rate Comparison Eleven Largest Iowa Cities $604.43 $646.63 $815.38 $934.05 $961.43 $999.54 $1,005.69 $1,012.37$1,016.92 $1,062.11 $1,232.24 $1,418.46 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 Ame s Dubu q u e Siou x C i t y Des M o i n e s Dave n p o r t Iow a C i t y Aver a g e W / O D u b u q u e Wate r l o o Anke n y Ceda r R a p i d s Coun c i l B l u f f s West D e s M o i n e s Comparison for Eleven Largest Iowa Cities Taxable Value Per Capita Page 13 of 243 8 The FY 2027 Amended Budget Recommendation as compared to the adopted FY 2026 Budget: Adopted FY26 Amended FY27 $ Difference % Difference Property Tax Rate $10.06372 $10.06372 +$0 +0% Property Tax Asking $29,861,915 $31,623,827 +$1,751,574 +5.86% Taxable Valuation (in Millions) $2,962,581 $3,137,181 +$174,600 +5.89% Average Residential Payment $889.20 $906.76 +$17.56 +1.97% Average Commercial Payment $4,253.76 $4,973.85 +$720.09 +16.93% Average Industrial Property $5,090.27 $5,940.87 +$850.60 +16.71% The FY 2027 Amended Budget Recommendation reduces the property tax impact from the original recommendation presented to City Council on March 23, 2026. Debt The five-year debt schedule has not changed from what was originally submitted to City Council. In August 2015, the Mayor and City Council adopted a debt reduction strategy which targeted retiring more debt each year than was issued by the City. The recommended FY 2027 budget will exceed that target in FY 2027, FY 2028, and FY 2029, and FY 2030 due to issuing necessary debt for 17th/Locust St Storm Improvements, Fire Equipment and Station Improvements, Five Flags, 14th Street Overpass, East - West Corridor Capacity Improvements, Street and Bridge Improvements, Central Avenue Corridor Improvements, Solid Waste Trucks, PFAS, Private Lead Service Lines, Catfish Creek Sewer shed Interceptor Sewer Improvements, Old Mill Road Lift Station and Force Main Improvements, WRRC Industrial Control Upgrade, Sanitary Basin Analysis in South Port and Terminal, and Park Improvements. However, Fiscal Year 2031 will meet the target. You can see that the Mayor and City Council have significantly reduced the City’s use of the statutory debt limit established by the State of Iowa. In FY 2015, the City of Dubuque used 90% of the statutory debt limit. In this FY 2027 budget recommendation the Mayor and City Council are currently reviewing, the use of the statutory debt limit would be 33.38%, and by the end of the recommended 5-Year Capital Improvement Program (CIP) budget in FY 2031, the City of Dubuque would be at 35.59% of the statutory debt limit. Projections out 10 years to FY 2036 show the City of Dubuque at 20.47% of the statutory debt limit. This is an improvement on the debt reduction plan adopted in August 2015, which first began implementation in FY 2016. Page 14 of 243 9 By the end of the Recommended 5‑Year Capital Improvement Program (CIP) budget, the total amount of debt for the City of Dubuque would be $337.1 million (35.59% of the statutory debt limit). Projections out 10 years to Fiscal Year 2036 show the City of Dubuque at 20.47% of the statutory debt limit, and the projection is to be at $203.9 million (20.47% of statutory debt limit) within 10 years. Page 15 of 243 10 Retired Debt Versus New Debt The total City indebtedness as of June 30, 2027, is projected to be $293,516,535 (33.38% of statutory debt limit as the use of federal and state SRF debt does not apply against the statutory debt limit). Based on the timing of projects, the City issued very little debt in FY 2023 ($0.48 million) and FY 2024 ($7.99 million), so the FY 2025 debt issuance was a combination of three years of debt funding for projects. In that three-year period, the City retired $60.72 million in debt and issued $84.11 million in debt. The following chart shows the amount of retired debt as compared to new debt. The new debt includes new debt issuances as well as draw downs on existing state revolving fund loans: Page 16 of 243 11 General Fund Reserves The City maintains a general fund reserve, or working balance, to allow for unforeseen expenses that may occur. Moody's Investor Service recommends a 35% General Fund Operating Reserve for “AA” rated cities. In January 2025, Moody’s Investor Services affirmed the Aa2 credit rating on general obligation bonds. Moody’s credit analysis states, “the City of Dubuque’s local economy benefits from its role as a regional economic center, with solid resident income and full value per capita. Financial operations are strong and will remain so despite declines in fund balance over the next few years, as it expends funds from the pandemic. Long- term liabilities and fixed cost ratios are moderate and will remain so despite future borrowing needs.” According to Moody’s, the Aa2 issuer rating for the City of Dubuque’s bonds reflects the city’s healthy economic base, which serves as a regional economic center. Other rationale stated for the rating include full value per capita and adjusted resident income are solid at around $109,000 and 98% respectively, though weaker than Aa peers, in part because of a large student population, available fund balance was strong at around 60% of revenue at the close of fiscal 2023 (year-end June 30), and cash was stronger at 85% of revenue. Despite the state adopting new property tax restrictions, revenue raising flexibility remains strong because the City maintains significant margin in its employee benefits fund and is not utilizing its emergency levy. The long-term liabilities ratio will likely remain well under 300% inclusive of the current issuances and future borrowing plans, and fixed-costs ratio will remain well below 20%. In July 2023, Moody’s Investor Service upgraded the City’s outstanding general obligation bonds from Aa3 to Aa2, as well as the outstanding Sales Tax Increment Revenue bonds from A2 to A1. Notable credit factors include strong financial operations and ample revenue-raising flexibility, which has resulted in steadily improved available fund balance and cash. The City serves as a regional economic center and its regional economic growth rate has outpaced the nation over the past five years. In November of 2022, Moody’s Investors Service (“Moodys”) released a new rating methodology for cities and counties. Two significant changes result from the new methodology; cities are now assigned an issuer rating meant to convey the creditworthiness of the issuer as a whole without regard to a specific borrowing, and business-type enterprise funds are now being considered together with general fund revenues and balances in the determination of financial performance. Under the new methodology, there are two metrics that contribute to financial performance. Available Fund Balance Ratio (“AFBR”) = (Available Fund Balance + Net Current Assets/Revenue) and Liquidity Ratio (“LR”) = (Unrestricted Cash/Revenue). For Aa credits, AFBR ranges from 25-35, and LR ranges from 30-40%. The City was evaluated by Moody’s under the old methodology in May of 2022 in connection to its annual issuance of bonds. At that time, Moody’s calculated the City’s AFBR to be 45.2%, and its LR to be 59.8%. The balances used in these calculations were likely elevated due to unspent ARPA funds. The change in methodology will now consider revenues and net assets Page 17 of 243 12 from business-type activities in these calculations. As such, the City’s general obligation rating will now be directly impacted by the financial performance of enterprise funds. Establishing rates and charges adequate to provide both debt service coverage and significant liquidity will be necessary to maintain the City’s ratings. In May 2021, Moody’s Investor Service upgraded the City’s Water Enterprise’s outstanding revenue bonds from A1 to A2 and affirmed the Aa3 credit rating on general obligation bonds. Notable credit factors include a sizable tax base, a wealth and income profile that is slightly below similarly rated peers and increased financial position that will decline in fiscal years 2021 and 2022 and somewhat elevated debt and pension liabilities. These credit ratings are affirmation of the sound fiscal management of the mayor and city council, put Dubuque in a strong position to capitalize on favorable financial markets, borrow at low interest rate when necessary, and make critical investments in the community. FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 FY2031 Contribution (Million) $4.4 $— $— $— $— $— $— $— City’s General Fund Cash Reserve Fund Balance $43.8 $38.0 $25.4 $25.4 $25.4 $25.4 $25.4 $25.4 % of Projected Revenue (Cash Basis) 51.2% 40.5% 27.0% 27.0% 27.0% 27.0% 27.0% 27.0% The City of Dubuque has historically adopted a general fund reserve policy as part of the Fiscal and Budget Policy Guidelines which are adopted each year as part of the budget process. During FY 2013, the City adopted a formal Fund Reserve Policy which states the City may continue to add to the General Fund minimum balance of 10% when additional funds are available until 20% of Net General Fund Operating Cost is reached. During FY 2024, the General Fund minimum balance was increased to 25%. After all planned expenditures in FY 2026, the City of Dubuque will have a general fund reserve of 27% of general fund revenues as a percentage of general fund revenues computed on the accrual basis or 45.03% of general fund, debt service, and enterprise fund revenues as computed by the accrual basis methodology now used by Moody’s Investors Service. The general fund reserve balance is projected to be $25,412,743 on June 30, 2026. The general fund reserve balance exceeds 27% in FY 2026, which is the margin of error used to ensure the City always has a general fund reserve of at least 25% as computed on a cash basis. In FY 2017, the City had planned to reach this consistent and sustainable 20% reserve level in FY 2022. In fact, the City met the 20% reserve requirement in FY 2017, five years ahead of schedule and has sustained a greater than 20% reserve. Page 18 of 243 13 Recommendation I respectfully recommend Mayor and City Council approval of the amended FY 2027 budget recommendation with a property tax rate of $10.06372, no increase from FY 2026, and approval of the Enterprise Fund rate increases. JML Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Laura Bendorf, Budget Manager Page 19 of 243 Prepared by Finance Department; Address: City Hall, 50 W. 13th Street; Telephone: 589-4398 RESOLUTION NO. -26 ADOPTING THE CITY OF DUBUQUE FIVE YEAR CAPITAL IMPROVEMENT PROGRAM WHEREAS, a recommended five-year Capital Improvement Program for the period beginning July 1, 2026, and ending June 30, 2031, for the City of Dubuque has been prepared and submitted to the City Council; and WHEREAS, the five-year Capital Improvement Program describes specific capital improvement projects, provides estimated costs for those projects, proposes sources of funds for each of them, and schedules the year during which each project will be undertaken; and WHEREAS, the capital improvement projects for the first year are included in the Fiscal Year 2027 budget for the City of Dubuque; and WHEREAS, the five-year Capital Improvement Program will be reconsidered annually by the City Council and appropriately revised; and WHEREAS, the adoption of the five-year Capital Improvement Program is a prudent measure to provide continuity of programs and is in the best interest of the City of Dubuque. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the five-year Capital Improvement Program for the period beginning July 1, 2026, set out in the Fiscal Year 2027-2031 Recommended Capital Improvement Budget, is hereby approved and adopted as allocation of City resources for capital improvements as scheduled in the years shown, subject to annual review and revision. Passed, approved and adopted this 28th day of April 2026. Brad M. Cavanagh, Mayor Attest: Adrienne N. Breitfelder, City Clerk Page 20 of 243 Prepared by Finance Department; Address: City Hall, 50 W. 13th Street; Telephone: 563-589-4398 RESOLUTION NO. -26 ADOPTING THE CITY OF DUBUQUE FISCAL YEAR 2027 ANNUAL BUDGET NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the annual budget for the fiscal year ending June 30, 2027, as set forth in the Adoption of Budget and Certification of Taxes and supporting state budget forms showing the revenue estimates and appropriation expenditures and allocations to programs and activities for said fiscal year, is adopted as amended. Section 2. The Chief Financial Officer is directed to make the filings required by law. Passed, approved and adopted this 28th day of April 2026. Brad M. Cavanagh, Mayor Attest: Adrienne N. Breitfelder, City Clerk Page 21 of 243 Page 22 of 243 Page 23 of 243 Page 24 of 243 Page 25 of 243 Page 26 of 243 Page 27 of 243 Page 28 of 243 Page 29 of 243 Page 30 of 243 Page 31 of 243 Page 32 of 243 Page 33 of 243 Page 34 of 243 Page 35 of 243 Page 36 of 243 Page 37 of 243 Page 38 of 243 Page 39 of 243 Page 40 of 243 Page 41 of 243 Public Hearing to Adopt the Fiscal Year 2027 Budget April 28, 2026 1 Amendments to the Recommended FY 2027 Budget •The initial recommended budget, and adopted maximum property tax rate, called for a 1% increase to $10.16480. •The revised recommended budget maintains the FY 2026 property tax rate of $10.06372. 2 Amendments to the Recommended FY 2027 Budget •Increase of $223,385 in recurring revenue to the General Fund from increased DRA rent projections to lower the General Fund property tax rate by -$0.07121 (-0.71%). •Decrease of $93,722 in recurring expenses to the General Fund for reduction in Five Flags budget to lower the General Fund property tax rate by -$0.02987 (-0.29%). The combined change to the property tax rate is a reduction of -$0.10108 or -1.00%, resulting in no increase in the property tax rate. 3 Amended FY2027 Property Tax Recommendation No tax rate increase FY 2026: $10.06372 FY 2027: $10.06372 4 Residential Property Impact 5 Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change Tax Rate $10.06372 0%$0 Tax Cost for Avg. Residential Property (Value = $213,211)$906.76 +1.97%+$17.56 Commercial Property Impacts 6 Property Value FY 2027 # of Properties Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change $150,000 or less 381 $672.27 -6.11%-$43.74 $150,001-$300,000 225 $2,030.88 -2.11%-$43.73 $300,001-$450,000 167 $3,389.47 -1.27%-$43.74 Avg. = $624,927 636 $4,973.85 +16.93%+$720.09 Industrial Property Impacts 7 Property Value FY 2027 # of Properties Revised FY2027 Revised FY2027 % Change Revised FY2027 $ Change $150,000 or less 8 $672.27 -6.11%-$43.74 $150,001-$300,000 3 $2,030.88 -2.11%-$43.73 $300,001-$450,000 3 $3,389.47 -1.27%-$43.74 Avg. = $624,927 58 $5,940.87 +16.71%+$850.60 Statewide Comparison: City Property Tax Rate •Dubuque has the LOWEST property tax rate as compared to the 11 largest cities in the state. •The highest rate (Waterloo) is 116% higher than Dubuque’s rate. •The average is 53% higher than Dubuque’s rate. 8 City Property Tax Rate Comparison 9 $10.06 $10.27 $10.54 $11.74 $15.35 $15.43 $15.51 $16.58 $16.66 $17.48 $17.56 $21.76 Dubuque Ames Ankeny West Des Moines Avg. w/o Dubuque Iowa City Sioux City Davenport Cedar Rapids Council Bluffs Des Moines Waterloo Statewide Comparison: Taxable Value Per Capita •Dubuque is the SECOND LOWEST as compared to the 11 largest cities in the state. •The highest (West Des Moines) is 119% higher than Dubuque. •The average is 66% higher than Dubuque. 10 Taxable Value Per Capita Comparison 11 $604.43 $646.63 $815.38 $934.05 $961.43 $999.54 $1,005.57 $1,011.16 $1,016.92 $1,062.11 $1,232.24 $1,418.46 Ames Dubuque Sioux City Des Moines Davenport Iowa City Avg. w/o Dubuque Waterloo Ankeny Cedar Rapids Council Bluffs West Des Moines Enterprise Fund Utility Rates 12 FY2026 Rate Recommended FY2027 Rate $ Change per Month % Change Water*$22.50 $23.17 $1.26 3% Sanitary Sewer*$31.84 $34.73 $2.89 9% Refuse $18.11 $19.56 $1.45 8%** Stormwater $11.03 $12.02 $0.99 9% Total $6.59 Low-income customers are eligible for a 50% discount on their base city utility rates. * 3,200 gallons per month is the average residential user with a 5/8 inch water meter. ** Revised from 9% based on audit of customer accounts. 13 FY2027 Solid Waste Collection Rate Comparison $14.00 $15.54 $16.81 $17.51 $19.56 $19.94 $20.00 $22.00 $22.50 $23.32 $27.75 The highest rate (Ames) is 42% higher than Dubuque’s rate, and the average is 2% higher than Dubuque. 14 FY2027 Water Rate Comparison $21.59 $23.17 $23.52 $26.93 $27.07 $27.36 $27.97 $34.05 Council Bluffs Dubuque Iowa City Avg. w/o Dubuque West Des Moines Des Moines Ames Cedar Rapids Seven Largest Cities with Water Softening The highest rate (Cedar Rapids) is 32% higher than Dubuque’s rate, and the average is 16.2% higher than Dubuque. 15 FY2027 Sanitary Sewer Rate Comparison $20.17 $23.86 $25.25 $28.01 $30.34 $31.39 $32.87 $34.73 $35.91 $38.19 $38.32 $40.97 The highest rate (Des Moines) is 18% higher than Dubuque’s rate, and the average is 10% lower than Dubuque. 16 FY2027 Stormwater Rate Comparison $3.25 $4.88 $5.20 $5.25 $5.50 $7.50 $7.80 $8.26 $9.90 $12.02 $20.45 Davenport Sioux City Ames Waterloo Iowa City Ankeny Avg. w/o Dubuque Cedar Rapids West Des Moines Dubuque Des Moines The highest rate (Des Moines) is 70% higher than Dubuque’s rate, and the average is 35% lower than Dubuque. Capital Investments to City Utilities From FY 2026 through FY 2031, the City is planning significant capital investments to water, sanitary, storm water, and solid waste collection, including: •$239,827,415 for infrastructure improvements •$1,584,932 for vehicles and equipment $240,793,347 total over the six-year period These long-term capital, vehicle, and equipment needs, essential for maintaining reliable and compliant Water, Sanitary Sewer, Stormwater, and Solid Waste Collection services, are the primary reason for the recommended enterprise fund rate increases.17 GO Debt Plan (FY27–FY31) 18 Fiscal Year GO Debt FY27 $12,991,499 FY28 $16,756,114 FY29 $15,288,879 FY30 $16,520,648 FY31 $15,114,208 Total $76,671,348 Strategic Use of Debt: FY 2027-2031 •17th/Locust St. Storm Sewer Improvements •Fire Equipment and Station Improvements •Five Flags Center •14th Street Railroad Overpass •East-West Corridor Capacity Improvements •Street and Bridge Improvements •Central Avenue Corridor Improvements • Solid Waste Collection Trucks • PFAS Remediation •Private Lead Water Service Line Replacements •Catfish Creek Sewershed Interceptor Sewer Improvements •Old Mill Road Lift Station and Force Main Improvements •WRRC Industrial Control Upgrade •Sanitary Sewer Basin Analysis in South Port and Terminal •Parks Improvements 19 Statutory Debt Limit Used 20 Total Debt (in millions) 21 General Fund Reserves 22 FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 FY2031 Contribution (Millions)$4.4 $—$—$—$—$—$—$— City’s General Fund Cash Reserve Fund Balance (Millions) $43.8 $38.0 $25.4 $25.4 $25.4 $25.4 $25.4 $25.4 % of Projected Revenue (Cash Basis)51.2%40.5%27.0%27.0%27.0%27.0%27.0%27.0% •Minimum required balance = 25% •Balance of 27% in FY 2026 exceeds minimum by 2%, which is the margin of error used to ensure the City maintains at least 25% as computed on a cash basis Amended FY2027 Property Tax Recommendation No tax rate increase FY 2026: $10.06372 FY 2027: $10.06372 23 24 1 Jenny Larson From:noreply@civicplus.com Sent:Wednesday, November 12, 2025 6:14 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Beautification of South Grandview Avenue. A once historic Avenue now in disrepair. South Grandview Avenue is one of the highest traveled walk ways in the City of Dubuque and should be treated with the level of attention it draws from citizens and out of town visitors as it is the main throufair from Highway 151 to Senior High School (among many other uses for out of town visitors). While “private funds” may or may not be available to assist in the continued maintenance of this Avenue, it seems requests by citizens of Dubuque for improvements do not make it to the top the City’s list. Additionally, when asked if residents along this Avenue can take care of it themselves, they are denied. Therefore, it is my request that funds be allocated for beautification of this once great Avenue. Specific improvements include but are not limited to grass maintenance, including watering, seeding, fertilizing, and edging, flower bed repairs, trimming of trees within the median area, completion of the new light/flag poles, and a switch from LED lights to a lower lumen warmer glowing bulb. It would be preferred that the contractors hired for this maintenance live in Iowa. On Page 146 of 243 2 numerous occasions the contractors hired have disregard to Iowa law as it relates to blowing grass into the street and onto the cars driving by. Thank you for your time in considering this request. First Name Carolyn Last Name Davis Street Address 980 S Grandview Ave City Dubuque State IA Zip 52003 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 147 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Thursday, November 6, 2025 1:16 PM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? The city needs to prioritize safety of all citizens. That means making sure that the police and fire departments are fully staffed at a safe level. This should be a top priority over any additional housing development subsidies. The city should NOT spend another penny on the airport subsidizing flights that obviously Dubuquers do not use. Giving a national corporation with no ties to our community guaranteed money for half-empty flights is short-sighted at best when that money could be used to offer safety to all citizens. Put the people first instead of a corporation that is just looking for a profit. That is true for all other decisions the city needs to make. First Name Kelly Last Name Fagan Street Address 3189 Kaufmann Avenue City Dubuque State Iowa Page 148 of 243 2 Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 149 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Sunday, March 1, 2026 6:36 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Finish fixing alleys in the north end First Name Alley Last Name Fixer Street Address 50 W 13th st City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 150 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Friday, November 7, 2025 3:12 PM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? Posted this on FB but didn’t get a response. Can you please share with us ahead of the meeting a few things to ensure we can bring productive ideas? It would be helpful to know how much of the budget is "discretionary" (meaning how much money do you actually have to make decisions with, beyond the fixed parts of the budget like staff expenses and other things that aren't flexible). Then I would like to see the framework and set of criteria you use to make budget decisions. How does the City prioritize and make tradeoffs between potential projects given a limited amount of money? How do you use the goals and priorities to inform decision- making and how do you make tradeoffs across those? Please post here or or the City's website more guidance so that we are not wasting our time showing up with a random list of ideas that aren't aligned to how the City will make decisions. Thanks! First Name Alison Last Name Fuller Street Address 1145 S Grandview Ave Page 151 of 243 2 City Dubuque State IA Zip 52003 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 152 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Saturday, April 18, 2026 9:57 AM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? No! No to climate Action Coordinator! Leave our blue skies alone! First Name Amy Last Name Gaul Street Address 22851 Wulfekuhle rd City Holy Cross State IA Zip 52053 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 153 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Wednesday, November 12, 2025 5:48 AM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? I would really like the City to continue and finish The Alleys on the West End. The Alley between Asbury and Cherry st , green st, Finely st are in dire need of repair.. Thank you ! First Name Kathy Last Name Ginter Street Address 1735 Asbury rd City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 154 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Wednesday, November 5, 2025 9:31 PM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? Fare free city busses, lower income and people who can’t drive can get around town easier, I lived in iowa city the last 3 years and they tried this during covid with great success and it just stuck because ridership has gone up First Name Zach Last Name Gloss Street Address 2289 Chaney road apt 12 City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 155 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Sunday, March 1, 2026 6:10 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Allow Murals to be painted on the 7 doors at Fire Headquarters incorporated with community themes for the Downtown District Additionally allow murals to be painted on the 2 doors at Fire Station #4 on University Ave. Partner with the Community Outreach Department to source local artists to Dubuqu Reason: The brown doors at Fire HQ and Fire Station #4 are so bland and need to be updated to better reflect the vibrant Community that Dubuque is! First Name Jonnathan "Jonn" Last Name Johnson Street Address 11 Mt Vernon CT City Madison State Wi Page 156 of 243 2 Zip 53719 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 157 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Friday, November 7, 2025 8:49 AM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? Finish the irrigation system at Bunker Hill Golf course. It's sad that this project has gotten put on the back burner. The irrigation project (that is drastically needed) started in 2013 with the installation of new controllers and pump station. The following 2 years a section of the course was completed with new Toro heads, HDPP laterals and PVC mains. The designer gave the City a two option plan in which the City decided to only put in half the design. Now this system (if completed) will be an already aging system with the "new" heads becoming obsolete. The full project would have cost the City fractions of the 2026 numbers. This in my opinion was a folly by City personel. The problem actually lies with the misconception that Bunker Hill is and should remain "self-supportive". This policy should be changed to ensure the quality that area golfers expect and deserve. Thanks. First Name Gerald Last Name Lange Street Address 260 Angela Jean Cir Page 158 of 243 2 City Peosta State Ia Zip 52068 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 159 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Sunday, March 8, 2026 12:48 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? We need a new fire station on the West End. The population density has increased here and that impacts the response time for fire and emergencies. First Name Mary Jo Last Name Mai Street Address 2168 Northstar Drive City Dubuque State iA Zip 52002 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 160 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Friday, March 27, 2026 9:35 AM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? 1.) Would it be possible to leave a crushed limestone trail on top of the new sewer line being installed up the catfish creek water shed? 2.) Reduce mowing requirements by installing prairie on city owed land. 3.) examined the utilities payment process to reduced friction in the system. From the bill date to receiving the bill via email is about a week with the audit. This leaves approximately 14-18 calendar days to pay the bill. Since the US postal system turn around time has increased would it be possible to expand the time frame to pay the utilities. Autopay and other forms of payment where the city saves payment info is not ideal. First Name Matt Last Name Mohr Street Address 560 Sunset Ridge City Dubuque State IA Page 161 of 243 2 Zip 52003 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 162 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Monday, March 2, 2026 6:37 PM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? We should use part of our budget to increase school safety. We as parents are tired of multiple gun threats in our schools yearly with out any repercussions to the parties responsible for said gun threats, and additionally no plans, or reassurance on how we can protect the children going forward. We play phone tag with the school district to end in no results, or to be told it doesn’t fit in the budgets. Let’s use our tax dollars to increase security or install metal detectors to protect the future generations of Dubuque we are raising! First Name Brianna Last Name Murphy Street Address 2840 Burlington St City Dubuque State IA Zip 52001 Page 163 of 243 2 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 164 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Friday, November 7, 2025 11:16 AM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? Repair/replace "donar wall" at the Port of Dubuque. Estimate is $40,000. Passangers getting off Viking and ACL ships ask about it. First Name Nelson Last Name Klavitter Street Address 865 Kirkwood St City Dubuque1 State IA Zip 52001 Attachment(s): Port2.jpg Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 165 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Sunday, March 1, 2026 7:46 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Make Main Street, white st, and central Ave tree lined. Increase small business incentives for downtown store fronts, both new and existing. Fund community gardening projects or gardening supplies for new gardeners, canning equipment, and general food preservation. It would be great if there was a place that people could take their fresh produce to have it canned or preserved, with the “cost” being a portion of it being sent to local foodbanks. First Name Seth Last Name Peters Street Address 1366 Thomas Place City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Page 166 of 243 2 Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 167 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Thursday, November 13, 2025 4:26 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Please prioritize the 2027 budget by fully funding the primary (Public Safety, Maintaining Public Places, Housing/Building Codes, Ordinance Enforcement) and secondary (Utilities, Streets, Flood Control, Public Property Mgmt., Traffic Regulations) responsibilities of municipal government as defined by Iowa Code, Chapter 364, first, before moving on to discretionary tertiary responsibilities (Environmental & Energy Initiatives, Community Development, Affordable Housing). Please keep in mind the city's overuse of TIF and continuation in the rise of property taxes due to non-essential capital projects (like a $100M new civil center) will never achieve affordable housing or rent in Dubuque, rather it will continue its out-of-control spiral upwards. Overbuilding apartment units will not create downward pressure on rent, especially in a city that is losing population to neighboring communities. We have heavily invested in tertiary city initiatives for 15 years. Time to step back and see if the ROI is worth those prior investments before making more. Please fully fund our street, water, and sewer rehabilitation programs (like lead pipe abatement); restoring Eagle Point Page 168 of 243 2 Park to its former glory; and establishing an ambulance in the heart of Ward One, where EMS and ambulance response times are considerably higher than all other wards. Also consider suspending non-critical positions like the Community Impact & Neighborhood Support Director, Director of the Office of Economic Mobility, Director of Sustainability, and Arts & Cultural Affairs Manager and their departments, all non- essential positions that can be accomplished through volunteer boards/commissions or community partners. First Name John Last Name Pregler Street Address 1525 Pego Court City Dubuque State Iowa Zip 52003 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 169 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Tuesday, April 21, 2026 9:16 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Budget Comment: Administrative Recharge Administrative recharge is a common practice among municipalities, and its use in Dubuque is not, in itself, a concern. The issue is how it is being applied—and at what scale. Based on current budget materials, administrative recharge appears to generate approximately $3 million annually flowing into the General Fund. At that level, it raises an important policy question: Is this structure strictly recovering the true cost of services provided to enterprise funds, or is it functioning, in part, as a mechanism to support General Fund operations? That distinction matters for transparency, rate-setting integrity, and public trust. Best practices, including guidance from the National League of Cities, emphasize that internal service charges and enterprise fund allocations should be: • Clearly tied to the actual cost of service delivery • Transparent in methodology • Not structured to generate surplus revenue beyond cost recovery When charges exceed the cost of service—or are used to Page 170 of 243 2 materially support unrelated operating expenses—it can create both policy concerns and potential legal ambiguity, particularly for enterprise funds that are expected to be self-supporting. Given the magnitude of the administrative recharge in Dubuque, additional clarity would be helpful in the following areas: • The methodology used to calculate recharge rates • Documentation showing that charges align with actual costs (cost-of-service basis) • A comparison to peer cities as a percentage of enterprise fund expenditures • Whether any portion of the recharge is intended to contribute to General Fund balancing Providing this information would help residents and Council better understand whether current practices align with established best practices—or whether this is an area that warrants further review. First Name Carrie Last Name Tedore Street Address 804 W 3rd Street City Dubuque State IA Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 171 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Monday, March 23, 2026 6:19 PM To:Jenny Larson; Laura Bendorf; Shannon Soppe; Nikesh Shah Subject:Online Form Submittal: Fiscal Year 2027 Budget Input This sender is trusted. Fiscal Year 2027 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2027, which begins July 1, 2026, and ends on June 30, 2027. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2027 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $184 million and the capital budget, which includes major projects and improvements, is approximately $90 million. What ideas do you have for the City's FY2027 Budget beginning on July 1, 2026? Dear Mayor Brad Cavanagh and Members of the City Council, I am writing as a concerned resident to urge the City Council to reconsider any plans to invest in Microsoft Copilot government licenses for widespread deployment. While I appreciate the internal testing, research, and policy development efforts by our IT team under CIOs Chris Kohlmann & Joe Pregler—including the adoption of Copilot for limited internal use and the July 2025 AI policy—the recent developments with Microsoft's AI products make this a poor fiscal choice for our taxpayers.[1][2] Microsoft has faced significant setbacks with Copilot, including low adoption rates (only about 3.3% of eligible users opt in), feature pullbacks in Windows 11 due to privacy complaints and unreliability, and negative publicity around hallucinations and security risks. Government entities have restricted it over data leakage concerns, and enterprise reviews highlight its failure to deliver promised ROI amid governance burdens. Committing funds now risks sunk costs on a product Microsoft itself is rethinking.[3][4][5][6][7][8] Even if deployed, an inferior product like Copilot would likely Page 172 of 243 2 drive staff to gravitate toward unapproved software—free tools like ChatGPT or others—to achieve their goals efficiently, undermining policy, security, and the investment itself. Staying locked into the Microsoft ecosystem limits our options when superior, commercially available alternatives exist that prioritize security, cost savings, and flexibility—such as open- source AI platforms for data analysis, compliant no-code tools for citizen services, and specialized public sector solutions for resident engagement. These options often feature on-premises deployment, lower or no per-user fees, and reduced vendor dependency compared to Copilot's add-ons.[9][10][11] Redirecting resources to these would align with our smart city goals, like ongoing AI pilots in traffic management and public safety, while avoiding Microsoft's pitfalls. I recommend pausing Copilot procurement, piloting diverse alternatives, and updating our AI policy to embrace multi-vendor strategies.[12] Thank you for considering this input to protect Dubuque's budget and innovation. Sources [1] Dubuque, Iowa, CIO Balances AI, Security, Data Center Upgrade https://www.govtech.com/workforce/dubuque-cio- balances-ai-security-and-data-center-upgrade [2] [PDF] CITY OF DUBUQUE ADMINISTRATIVE POLICY https://www.cityofdubuque.org/DocumentCenter/View/61267/AP- 2_13-City-Use-of-Artificial-Intelligence-Tools- [3] 4 obstacles impede paid Microsoft 365 Copilot adoption - No Jitter https://www.nojitter.com/ai-automation/4-obstacles- impede-paid-microsoft-365-adoption [4] Windows 11 Pulls Back Copilot Features As Microsoft Rethinks AI ... https://hothardware.com/news/windows-11-pulls- back-copilot-features [5] Barely any Microsoft 365 users are actually paying for Copilot https://www.techradar.com/pro/barely-any-microsoft-365-users- are-actually-paying-for-copilot-despite-microsoft-ceo-satya- nadella-claiming-it-is-a-true-daily-habit [6] Microsoft Copilot's Congressional Ban: What You Need to Know https://nationalcioreview.com/articles-insights/extra- bytes/microsoft-copilots-congressional-ban-what-you-need-to- know/ [7] Whitepaper: A critical look at Microsoft Copilot in government ... https://www.supplyvalueconsulting.com/whitepaper-a-critical- look-at-microsoft-copilot-in-government-environments-risks-and- opportunities/ [8] Windows Copilot Pullback: Privacy, Reliability and Admin Controls ... https://windowsforum.com/threads/windows-copilot- pullback-privacy-reliability-and-admin-controls-on-windows- 11.405308/ Page 173 of 243 3 [9] The best Microsoft Copilot Studio alternatives in 2026 - Ringly.io https://www.ringly.io/blog/microsoft-copilot-studio- alternatives [10] Best AI Software for Government & Public Sector https://www.whippy.ai/ai-software/best-ai-software-for- government-public-sector [11] Open-Source AI/ML Solution for Government Missions | MetroStar https://www.metrostar.com/onyx-ml-tool/ [12] Dubuque City Case Study - Vaidio https://www.vaidio.ai/dubuque-city-case-study First Name Justin Last Name Thiltgen Street Address 1293 Walnut Street City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 174 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Sunday, November 9, 2025 7:51 AM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? I have a question regarding Eagle Point Park. We’ve been charging people to enter the park for some time now. Based on the levels of people driving through the park, how does it make sense? Although I don’t have the actual data, it appears to me that the salaries, plus benefits paid just to sit in that booth to collect the money exceed the funds received. Are we actually losing money on charging to get into the park? First Name Michael Last Name Welu Street Address 3065 Arbor Oaks Dr. City Dubuque State Iowa Zip 52001 Attachment(s): Field not completed. Page 175 of 243 2 Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 176 of 243 1 Jenny Larson From:noreply@civicplus.com Sent:Wednesday, November 5, 2025 7:54 PM To:Jenny Larson; Joe Link; Laura Bendorf Subject:Online Form Submittal: Fiscal Year 2026 Budget Input This sender is trusted. Fiscal Year 2026 Budget Input City staff are asking Dubuque residents and stakeholders to provide their input as they prepare the City’s operating and capital improvement program budgets for fiscal year (FY) 2026, which begins July 1, 2025, and ends on June 30, 2026. Submitted input will be reviewed by staff and will assist in the development of a recommended FY2026 budget. The City Council will consider the recommended budget and the public will have additional opportunities to offer input during eight public meetings in April. The City’s operating budget (day-to-day costs of providing city services) is around $172 million and the capital budget, which includes major projects and improvements, is approximately $86 million. What ideas do you have for the City's FY2026 Budget beginning on July 1, 2025? I would love to see some sort of athletic/activity center for the community. Basketball courts, walking track, batting cages, golf simulator, etc. Peosta has one, it would be great to see this in Dubuque. First Name Ben Last Name Wilson Street Address 652 Kingsley Ct. City Dubuque State IA Zip 52003 Attachment(s): Field not completed. Email not displaying correctly? View it in your browser. To help protect your privacy, Microsoft Office prevented automatic download of this picture from the Internet. Page 177 of 243 City Council, City of Dubuque 50 W. 13th Street Dubuque, IA 52001 March 20, 2025 Subject: Recommend Permanent Climate Action Coordinator Position Members of the City Council, The Resilient Community Advisory Commission (RCAC) recommends the City Council make the Climate Action Coordinator a permanent position beginning in Fiscal Year 2026. In 2020, the City Council approved the Climate Action Plan, and the following year funded a 3- year Climate Action Coordinator position to assist in the implementation of that plan. Due to transition within the position, the allotted funds will expire within the next budget cycle. Our city’s efforts to prepare for, adapt to, and mitigate the effects of changing climate and weather patterns will remain an ongoing challenge as the consequences of global climate change continue to unfold. The Climate Action Coordinator position has been an important asset in facilitating the city’s response. The individuals in this position have overseen the city’s greenhouse gas inventory and managed millions in federal grants. Beyond this, they have worked across city offices, participated in community events, offered educational opportunities, facilitated applications for grant funding, and much else. Because the RCAC has worked productivity with both individuals who have held this position and because we believe in the importance of the work they are doing, we strongly encourage the City Council to make the Climate Action Coordinator a permanent position. Sincerely, Jacob Kohlhaas; Chair Resilient Community Advisory Commission City Council, City of Dubuque 50 W. 13th Street Dubuque, IA 52001 March 20, 2025 Subject: Encourage Commitment to Specific GHG Reductions Members of the City Council, The Resilient Community Advisory Commission (RCAC) recommends the City Council identify specific commitments to Greenhouse Gas (GHG) Reductions. In 2020, the City Council approved the Climate Action Plan which set a goal of 50% greenhouse gas reduction by 2030 compared to 2003 levels. The recent greenhouse gas inventory shows that Dubuque is on track to meet this goal. However, the driving force behind this reduction has been Aliant Energy’s commitment to cleaner production. Consumer adaptation of electric vehicles is predicted as possibly playing a larger role in these reductions in coming years. While encouraging, both factors are external to city policy. Any similarly situated city would experience similar levels of reductions regardless of stated commitments to advancing sustainable practices. The “business as usual model” has an encouraging track record but does not adequately represent the City of Dubuque’s commitment to being a leader in this area. At the halfway point of this goal, the RCAC encourages the council to clarify specific, meaningful commitments to strengthen the city’s position as a leader in sustainability. The RCAC is happy to support and work with the council in advancing any such strategies for GHG reduction, including following up with stakeholders and ensuring that documented progress is accessible to the public. Sincerely, Jacob Kohlhaas; Chair Resilient Community Advisory Commission From: To: Subject: Sent: Allow sender | Block sender | Report City of Dubuque Trish Gleason A new Service Request has been created [Request ID #230596] (Contact City Council) - Dubuque, IA 4/10/2026 4:56:34 PM Caution! This message was sent from outside your organization. Never give your login information and password over email! Dubuque, IA A new service request has been filed. Service Request Details ID 230596 Date/Time 4/10/2026 4:56 PM Type Contact City Council Address Key West Dr, Dubuque Origin Website Comments A proposal for a future park in Key West Submitter Canfield, Kathy 10080 Timothy St Dubuque, IA 52003 563-543-3936 kwckams617@gmail.com letter to city council members proposal.docx 20260409_160347 (1).jpg 20260409_160425.jpg 20260409_160514.jpg 20260409_160554.jpg View In QAlert Dubuque, IA 2026-04-10 21:56:23Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Sunday, April 26, 2026 6:03 PM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230920] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230920 Date/Time 4/26/2026 6:03 PM Type Contact City Council Address 485 WOODLAND RDG, Dubuque Origin Website Comments In reviewing the city budget I notice that Barry Lindahl is still on the payroll after retiring 10 years ago. He makes $153,000 to assist Crenna, yet I still see legal consultants are hired for projects. At $153,000 plus IPERS and Social Security he surely has the sweetest “retirement” package in the history of city government. Especially considering that in season he’s seen many days on the course at DGCC. Couldn’t that money be better spent repairing a few more streets? Submitter Hemmer, Paul E 485 Woodland Ridge IA 52003 563-581-7016 rdbqpaul@gmail.com 2 View in QAlert Dubuque, IA 2026-04-26 23:02:44Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Wednesday, April 15, 2026 10:56 AM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230701] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230701 Date/Time 4/15/2026 10:56 AM Type Contact City Council Address Dubuque Origin Website Comments Re: Service Request #225456 from 7/25/2025: Dear City Council, Today we have concluded an agreement with the City, I’mOn Communication and their drilling contractor Telecom to resolve the issue of damage to our water main leak at 1846 North Main St which coincided with ImOn’s fiber optic drilling operations. I write first to offer my appreciation for the work of City Attorney Jason Lehman, his office, and the City Council itself - especially Katy Wethal - for taking our issue seriously and handling it. As a long-time Dubuque resident (and still being a property owner in the City) this was another impressive demonstration of our local government working well. Long before and concurrent with this incident I have worked in and around the County and have appreciated the excellent currency the region has accrued through good governance. Staff like Jason and proper representation make that possible. This is not to say it went smoothly. I am obligated 2 to report to you that for two full years we worked to only get a reflexive dismissal of responsibility from ImOn, Telecom, and a denial from the Iowa Communities Assurance Pool (ICAP) which the City employs to vet these claims. My view is that during the same period ImOn got their name on OUR public skating rink they were dismissing us, while the City let a third part insurance group do the same. This was not good governance and highlights the acute problem of our City pilfering off naming rights of our public spaces, and how normal citizens with legitimate claims get flatly denied through this channel of the City’s existing structure. Legal help was prohibitively expensive and recourse seemed out of reach. It is not right that, apparently, citizens frequently meet an end here. That all changed when, without a lawyer, we dropped our service request into this channel - this portal lead to the City Council having Jason Lehman and Katy Wethal reach out to us. Jason worked diligently and sincerely over nine months to rectify our issue while being understaffed in his office. As citizens, we greatly appreciate him and this aspect of the City system. I do not know why one channel would fail and the other succeed; thus I have shared with you both my disappointment/alert of the denial and my appreciation for the resolution. Best Regards, Ronald Lindblom Submitter Lindblom, Ronald A 1104 Franklin St Cedar Falls, IA 50613 319-505-5416 319-290-1198 Lindblomra@gmail.com View in QAlert Dubuque, IA 2026-04-15 15:56:10Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Tuesday, April 14, 2026 4:37 PM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230682] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230682 Date/Time 4/14/2026 4:37 PM Type Contact City Council Address 2601 SHIRAS AVE, Dubuque Origin Website Comments I don’t care what Rob McDonald says. Keep the greenhouse!!!! Submitter Ludowitz, Randall 867 Barbaralee Dubuque, IA 52003 563-663-1770 rludy2002@aol.com View in QAlert Dubuque, IA 2026-04-14 21:37:28Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Monday, March 23, 2026 3:43 PM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230218] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230218 Date/Time 3/23/2026 3:43 PM Type Contact City Council Address 4800 CHAVENELLE RD, Dubuque Origin Website Comments Regarding the proposed tax rate increase: I am advocating for a 0% increase in the tax rate. with the rise of property values, I believe the increase that drives is enough burden on the citizens of Dubuque. I always here Mayor Cavanaugh talking about the difficulty of the budget process as it is unknown what additional services citizens will ask for. I know citizens also ask for a cuts of programs as well, and this is rarely done by the city council. I believe increases of services should be offset by cuts in services. For instance, I believe cutting the greenhouse would make great fiscal sense as I believe the city can purchase the same plants and flowers the greenhouse produces from commercial growers who have much higher volumes to spread their costs over. When you consider the costs of the building, equipment, and manpower on top of the inputs(seed, fertilizer, soils, pots), we are paying way too much for what actually is produced in our own 2 greenhouse. The city talks a lot about being one of the lowest tax rates of the largest cities in Iowa. To get the entire picture of the total financial burden on citizens, where does Dubuque fall on the same list with water, sewer, storm water, and refuse rates? This should be known to all citizens. I know Waterloo is highest for tax rates but lowest on water and sewer rates. I also would also like to know how much of the enterprise funds (water, sewer, storm water fees) go into the general fund? It may not be as much as it once was because we have had to use that money to prop up the water and sewer infrastructure that was ignored for years. Nonetheless, with the massive increases in these rates the past couple of years, there are probably still substantial dollars going into the general fund from these enterprise funds, which artificially keeps the tax rate low. Also interested in the landfill and the tipping fees we receive from 3 states. How is this money used and does it do the same thing in keeping the tax rate artificially low by ending up in the general fund? Finally, I am wondering in the improvement packages why some have a "revenue" column in addition to "expense"? See attached. With the city manager search as a $50,000 expense, it shows "revenue" of $38,530 for a net tax impact of $11,470. Obviously, this is money from somewhere else and is it tax dollars already collected? If so, where did it come from? Again, is it there to disguise the net tax impact and actual city spending? Thank you for your consideration and thank you for you service to the city. Submitter McDonald, Rob D 3399 EAGLE POINT DR Dubuque, Iowa 52001 Dubuque, IA 52001 563-543-0220 563-582-2232 rmcdonald@aymcdonald.com City Council Budget.jpg View in QAlert Dubuque, IA 2026-03-23 20:43:10Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Friday, April 17, 2026 6:12 AM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230755] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230755 Date/Time 4/17/2026 6:12 AM Type Contact City Council Address Dubuque Origin Website Comments I’m reaching out to share my support for the continuation of Dubuque’s sustainability initiatives. These efforts reflect the kind of community many of us want to live in, one that plans for the future, uses resources responsibly, and creates lasting impact. Even if not everyone sees this work day to day, it plays an important role in shaping a stronger Dubuque. I hope you will continue to support and maintain these roles moving forward. Thank you for your leadership, Paige Mueller Submitter Mueller, Paige Dubuque, IA 52001-3256 563-495-0761 amuellerpaige@gmail.com 2 View in QAlert Dubuque, IA 2026-04-17 11:12:23Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Monday, April 13, 2026 11:42 PM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230627] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230627 Date/Time 4/13/2026 11:42 PM Type Contact City Council Address Dubuque Origin Website Comments Thanks for working so late but I have to agree with Rob that the subject is too important to be last on the agenda. I also appreciate him sharing his thoughts on reducing costs. The council should welcome his ideas and interest and any other resident. I really don't want to watch all of these but I don't like the direction the city is going so I'm doing my best to be informed. With regards to parks, Mr. Fehsal speaking about staff (horticulturist) pulling weeds and taking care plants but let me remind you that none of this was done at the Creek Wood Park until recently when they simply pulled all the shrubs out because they were never cared for or watered a day since their planting. He also speaks about a goal of 56 parks but the master plan you just paid for was very clear that you are spread too thin with maintenance and essentially you have too many parks. I would say this is in contrast to city manager implying you always follow the consultant plan. You also asked for public input in addition to hiring the consultant so I'm not sure 2 your consultant saved you any money as was implied. I know I sound like I have some strong feelings towards parks but I really do not. I just happen to be given a front row seat to how the city manages their parks or rather neglects them. I don't understand why none of you are questioning the continuation of building future parks with the obvious lack of maintenance staff. Would you allow your dollars to be spent this way? In closing, let me be clear that my message regarding utility fees was to draw attention to the increases over the years. I am assuming all rates were raised equally across the meter size so this is a city wide burden. I will be okay but I hope it made you all aware of the tremendous increase. We all tend to set our bills up on on autopay and we lose track of the increases. That is all. Good night Submitter Nachtman, Cyndy 1791 Creek Wood Dr Dubuque, IA 52001 563-580-8421 cynacht@gmail.com View in QAlert Dubuque, IA 2026-04-14 04:41:48Z 1 Trish Gleason From:City of Dubuque <noreply-dubuque@qscend.com> Sent:Monday, April 27, 2026 11:35 AM To:Trish Gleason Subject:A new Service Request has been created [Request ID #230934] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report Dubuque, IA A new service request has been filed. Service Request Details ID 230934 Date/Time 4/27/2026 11:35 AM Type Contact City Council Address Dubuque Origin Website Comments Excessive Use of Administrative Overhead Recharges to fund the General Fund Departments. I am concerned after reading Rob McDonald email to the council on April 24th. He brought up valid questions and I believe they need to be answered; 1) Why are the monies from the fee being used to fund other departments. 2) Why have these departments true budgets increased so much, and the percentage of AOR dollars being used to fund the departments also increased. It seems that each department presents their BLUE SKY budget knowing they can pull AOR dollars for what they want or need. Submitter Smith, Rob 1057 Bonnie Ct Dubuque, IA 52003 563-590-0236 grovetools@aol.com 2 View in QAlert Dubuque, IA 2026-04-27 16:35:19Z 1 Trish Gleason From:Rob McDonald <RMcDonald@aymcdonald.com> Sent:Friday, April 24, 2026 5:22 PM To:Brad Cavanagh; Chris Staver; Laura Roussell; Katy Wethal; Tyson Leyendecker; Danny Sprank; David T. Resnick Cc:Trish Gleason Subject:Excessive Use of Administrative Overhead Recharges to Fund General Fund Departments Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report PLEASE UPLOAD AS PUBLIC INPUT TO THE APRIL 28TH FINAL BUDGET HEARING Mayor and Council, With all the budget meetings completed, I have some concerns to share concerning the administrative overhead recharges (AOR) allocations. It appears after many presentations and memos, the calculation of the AOR is rather arbitrary. I studied the AOR’s for fiscal year 2022 through fiscal year 2027 and documented them. I see no rhyme or reason for how these numbers were arrived at and see absolutely no evidence of any tie in back to actual services provided from the general fund departments to the enterprise fund departments. Probably the most shocking were the extraordinary AOR increases taken in fiscal year 2024 that range from 19.5% -79.2% increases (in one year) for the seven departments I am tracking: City attorney's oƯice, city clerk's oƯice, city manager’s oƯice, planning, finance, communications, and human resources. The amount taken from the water enterprise fund that year DOUBLED from the previous year which is where most of the large increases for FY2024 came from. Stormwaters AOR contribution increased 80% from the previous year. Another eye opener was seeing the actual AOR dollar increases from FY2022 through FY2027 in the various departments: City Attorney's Office 176% City Clerk's Office 224% City Manager's Office 196% Planning 209% Finance 201% Communications 388% Human Resources 366% Lastly, I calculated the percent of total department expenses covered by the administrative overhead recharge for each department in FY2022 and again for FY2027 and the dramatic increases in just 5 years tell the story of just how dependent these 7 general fund departments have become on the excess funding provided by enterprise funds: You don't often get email from rmcdonald@aymcdonald.com. Learn why this is important Page 178 of 243 2 FY2022 FY2027 AOR % AOR % of Total Expenses of Total Expenses City Attorney's Office 50% 78% City Clerk's Office 32% 55% City Manager's Office 44% 71% Planning 39% 64% Finance 48% 62% Communications 18% 51% Human Resources 35% 78% Total AOR Dollars $ 4,096,742 $ 9,006,161 Administrative Overhead Recharges paid out of the enterprise funds in actual dollars increased 220% from FY2022 to FY2027. I have not seen any good documentation yet so far to demonstrate that the AOR’s are not just selected in an arbitrary and capricious manner over these last five years. 5 year projections by the city show these fees continuing on a steep climb of increases. Something very telling regarding the AOR’s that has been discussed by council and city staƯ regarding changing the allocation structure is that the city manager has recommended any changes in reducing AOR's for the future should happen over a number of years. At one point the city manager suggested it should possibly be over 15 years. This goes to show and demonstrate the dependency that has been created by this city staƯ and council in relying on the enterprise funds to an unrealistic level to support the general fund departments. It is in the same manner that it appears decisions are being made on fee rates being charged to citizens for the enterprise funds. It would appear that the sharp increases in fees of late are driven by the need to feed the administrative overhead recharges that are used to cover general fund departments. The numbers certainly demonstrate that and the explanations by city staƯ do little to give sound reasoning for the large increases. I implore you to give great consideration to reducing the proposed fee structure for water, sewer, storm water, and refuse for FY2027. Throughout all the discussions during budget hearings regarding the AOR, there has yet to be a convincing and logical argument made why these have grown so much in the last number of years. This Council needs to take action to correct past decisions that have put city finances on a slippery slope by over-relying on enterprise funds to pay the bills, thereby robbing these critical infrastructure departments of the necessary funds they should have to bring infrastructure to a bare minimum level that it has slipped well below in the last number of years. Our west end sewer capacity problem is the poster child for exactly what I am describing. Rob McDonald 3399 Eagle Point Drive Rob McDonald President and CEO A.Y. McDonald Industries, Inc. Dubuque RMcDonald@aymcdonald.com O: 563-583-7311,,5265 aymcdonald.com Page 179 of 243 3 Connect with us: Facebook, LinkedIn, Instagram, YouTube The Customer is the Boss. CONFIDENTIALITY NOTICE: This email message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. Page 180 of 243 Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: brodie0128@gmail.com Dear Mr. Kalmes, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for April 15, 2026 Page 2 nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. April 15, 2026 Page 3 Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Dallas Kalmes <brodie0128@gmail.com> Sent: Wednesday, April 15, 2026 4:54 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $41,900 (38.1%) → taxable portion adds $188/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $7/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $385/year ($32.04/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: dkschmitt55@hotmail.com Dear Ms. Linden, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for April 15, 2026 Page 2 nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. April 15, 2026 Page 3 Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Debbie Linden <dkschmitt55@hotmail.com> Sent: Wednesday, April 15, 2026 8:27 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a retired Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $21,400 (8.9%) → taxable portion adds $96/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $12/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $298/year ($24.79/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: jacobricketts36@gmail.com Dear Mr. Ricketts, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for April 15, 2026 Page 2 nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. April 15, 2026 Page 3 Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Jacob Ricketts <jacobricketts36@gmail.com> Sent: Wednesday, April 15, 2026 3:36 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increased — please explain the budget impact Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $49,500 (23.4%) → adds $498/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $26/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $714/year ($59.54/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Sent from my iPhone Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: puppermomapparel@hotmail.com Dear Ms. Sanders, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for April 15, 2026 Page 2 nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. April 15, 2026 Page 3 Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Stephanie Sanders <puppermomapparel@hotmail.com> Sent: Tuesday, April 14, 2026 7:28 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increased — please explain the budget impact Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $47,500 (89.8%) → adds $478/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $10/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $678/year ($56.51/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Stephanie Sanders Dubuque, IA Levy Authority Summary Local Government Name: DUBUQUE Local Government Number: 31G288 Active Urban Renewal Areas U.R. # # of Tif Taxing Districts DUBUQUE CITY INDUST CNTR URBAN RENEWAL 31002 32 DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL 31018 3 DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL 31033 33 DUBUQUE CITY LAKE RIDGE URBAN RENEWAL 31046 1 DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL 31047 3 DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL 31048 2 DUBUQUE CITY SOUTH POINTE HOUSING 31050 7 DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL 31051 7 DUBUQUE - PERU ROAD (FLEXSTEEL)31054 1 SKY BLUE HOUSING URBAN RENEWAL 31057 1 RADFORD ROAD ECONOMIC DEVELOPMENT 31058 1 NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL 31060 1 SWITCH HOMES HOUSING URBAN RENEWAL AREA 31061 2 JOHN F. KENNEDY ROAD URBAN RENEWAL 31062 1 TWIN VALLEY URBAN RENEWAL 31063 1 MOUNT PLEASANT PLACE HOUSING URBAN RENEWAL 31064 0 EMRI URBAN RENEWAL 31066 0 TIF Debt Outstanding: 99,814,500 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 17,393,985 1,504,001 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 17,551,607 TIF Sp. Revenue Fund Interest: 808,984 Property Tax Replacement Claims 145,342 Asset Sales & Loan Repayments: 573,332 Total Revenue: 19,079,265 Rebate Expenditures: 3,764,346 Non-Rebate Expenditures: 4,571,096 Returned to County Treasurer: 0 Total Expenditures: 8,335,442 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 28,137,808 1,362,578 Amount of 06-30-2025 Cash Balance Restricted for LMI Year-End Outstanding TIF Obligations, Net of TIF Special Revenue Fund Balance: 63,341,250 Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL UR Area Number: 31002 UR Area Creation Date: 05/1988 UR Area Purpose: To develop and redevelop the Dubuque Industrial Center for economic development activities, primarily industrial park development, through the provision of development sites, public infrastructure, amenities and financial incentives. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 5 INCREM 310079 310078 31,798,986 DUBUQUE CITY/DBQ COMM SCH/UR 6 INCREM 310081 310080 0 DUBUQUE CITY/DBQ COMM SCH/UR 32 INCREM 310166 310167 6,575,000 DUBUQUE CITY AG/DBQ COMM SCH/UR 32 INCREM 310168 310169 0 DUBUQUE CITY AG/DBQ COMM SCH/UR 5 INCREMENT 310189 310191 0 DUBUQUE CITY/DBQ COMM SCH/UR 78 INCREMENT 310395 310396 20,568,422 DUBUQUE CITY AG/DBQ COMM SCH/UR 78 INCREMENT 310397 310398 0 CENTER TWP/DBQ COMM SCH/DUBUQUE UR 78 INCREMENT 310399 310400 0 DUBUQUE TWP/DBQ COMM SCH/ASBURY FIRE/DUBUQUE UR 78 INCREMENT 310401 310402 0 DUBUQUE CITY/DBQ COMM SCH/UR 101 INCREMENT 310497 310498 18,354,742 DUBUQUE CITY/DBQ COMM SCH/UR 102 INCREMENT 310499 310500 23,751,394 CENTER TWP/DBQ COMM SCH/UR 104 INCREMENT 310507 310508 0 DUBUQUE CITY/DBQ COMM SCH/UR 105 INCREMENT 310509 310510 12,057,984 DUBUQUE CITY AG/DBQ COMM SCH/UR 105 INCREMENT 310511 310512 0 DUBUQUE CITY/DBQ COMM SCH/UR 108 INCREMENT 310521 310522 0 CENTER TWP/DBQ COMM SCH/UR 109 INCREMENT 310523 310524 0 DUBUQUE TWP/DBQ COMM SCH/UR 110 INCREMENT 310525 310526 0 DUBUQUE CITY/DBQ COMM SCH/UR 104 INCREMENT 310541 310542 0 DUBUQUE CITY/DBQ COMM SCH/UR 133 INCREMENT 310603 310604 14,556,814 DUBUQUE CITY/DBQ COMM SCH UR 134 (SUBAREA L) INCREMENT 310605 310606 0 DUBUQUE CITY AG/DBQ COMM SCH UR 134 (SUBAREA L) INCREMENT 310607 310608 0 DUBUQUE CITY/DBQ COMM SCH UR 135 (SUBAREA M) INCREMENT 310609 310610 0 DUBUQUE CITY/DBQ COMM SCH/UR 147 (SUBAREA N) INCREMENT 310649 310650 2,019,814 DUBUQUE CITY/DBQ COMM SCH/UR 148 (SUBAREA O) INCREMENT 310651 310652 0 DUBUQUE CITY/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT 310653 310654 0 DUBUQUE CITY AG/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT 310655 310656 0 TABLE MOUND TWP/DBQ COMM SCH/UR 149 (SUBAREA P) - INCREMENT 310657 310658 0 DUBUQUE TWP/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT 310659 310660 0 DUBUQUE CITY/DBQ COMM SCH/UR 158 (SUBAREA Q) INCREMENT 310685 310686 938,390 DUBUQUE CITY/DBQ COMM SCH/UR 159 (SUBAREA R) INCREMENT 310687 310688 3,897,682 DUBUQUE CITY/DBQ COMM SCH/UR 161 (SUBAREA S) INCREMENT 310691 310692 700,684 DUBUQUE CITY/DBQ COMM SCH/UR 162 (SUBAREA T) INCREMENT 310693 310694 71,320 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 315,200 90,846,300 78,031,400 0 -4,000 169,188,900 0 169,188,900 Taxable 0 146,073 80,552,371 69,302,159 0 -4,000 149,996,603 0 149,996,603 Homestead Credits 1 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 3,404,734 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 3,691,380 TIF Sp. Revenue Fund Interest: 175,998 Property Tax Replacement Claims 69,891 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Asset Sales & Loan Repayments: 0 Total Revenue: 3,937,269 Rebate Expenditures: 1,846,986 Non-Rebate Expenditures: 1,351,724 Returned to County Treasurer: 0 Total Expenditures: 3,198,710 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 4,143,293 0 Amount of 06-30-2025 Cash Balance Restricted for LMI Projects For DUBUQUE CITY INDUST CNTR URBAN RENEWAL Green Industrial Supply Description:Rebate associated with Green Industrial Supply building Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:Yes IWI Motor Parts Description: Rebate associated with IWI Motor Parts office and distribution building Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:Yes Hormel Description:Rebate associated with construction of Hormel facility Classification:Agribusiness Physically Complete:Yes Payments Complete:No Medline Description: Rebate associated with construction of Medline office space Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Dubuque Industrial Center Expansion Description:Bergfeld Recreation Area/Trail/Synergy Court Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No North Siegert Farm Expansion Description: Expansion of Dubuque Industrial Center for business development, including engineering, grading, paving, and uilities Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No South Siegert Farm Expansion Description: 110 acre Expansion of Dubuque Industrial Center for business development, including engineering, grading, paving, and utilities Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No County Farm Industrial Site Development Description:Engineering, roads, grading, consulting ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Greater Dubuque Development Corporation contract Description: Contract for service to promote business retention,expansion, recruitment and workforce development Classification:Administrative expenses Physically Complete:No Payments Complete:No Tri State Quality Metals Description: Rebate associated with construction of TSQM's new facility Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No Graf Farm Expansion Description:166 Acre Expansion for future business development Classification:Acquisition of property Physically Complete:No Payments Complete:No Roasting Solutions Description:Cul de Sac and sanitary sewer Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Roasting Solutions Description: Rebate associated with contruction of Roasting Solutions facility Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No Rite Hite Description:Rebate association with expansion of Rite Hite Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No Economic Development Description: Expenses associated with the promotion economic development in DICW Classification:Industrial/manufacturing property Physically Complete:No Payments Complete:No Flexsteel Description:Escrow related to environmental clean up Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No English Ridge, LLC Description:Fiber Optic Installation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Medline Industries, Inc Description:Land Acquisition Grant Classification:Acquisition of property Physically Complete:Yes Payments Complete:No Hodge Description:Land Acquisition Grant, and tax rebate Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Unison Description:Land acquisition grant Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:Yes Simmons Description: Land acquisition grant, rebate associated with facility improvements Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Giese Description: Land acquisition grant, rebate associated with construction of new facility Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Duluth Trading Company Description: Rebate associated with Duluth Trading Company office and distribution building Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Crossroads Improvements Description: Development of 156 acres for development-ready industrial site Classification:Commercial - warehouses and distribution facilities Physically Complete:No Payments Complete:No Dubuque Screw Products Description:Rebate associated with facility expansion Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Seippel Warehouse, LLC Description:Rebate associated with warehouse expansion Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Vanguard Induistries Description:rebated associated with facility expansion and job creation Classification:Commercial - warehouses and distribution facilities Physically Complete:No Payments Complete:No Data Center Description:City Data Center Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Universal Tank Description:Rebate associated with facility expansion Classification:Commercial - warehouses and distribution facilities Physically Complete:No Payments Complete:No Outfly Development Description: Land acquisition grant and rebate associated with new facilities Classification:Commercial - warehouses and distribution facilities Physically Complete:No Payments Complete:No Debts/Obligations For DUBUQUE CITY INDUST CNTR URBAN RENEWAL Hormel Debt/Obligation Type:Rebates Principal:538,567 Interest:0 Total:538,567 Annual Appropriation?:No Date Incurred:01/01/2007 FY of Last Payment:2027 South Siegert Development Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:01/01/2012 FY of Last Payment:2045 Tri State Quality Metals (Wilming) Debt/Obligation Type:Rebates Principal:141,088 Interest:0 Total:141,088 Annual Appropriation?:Yes Date Incurred:03/17/2014 FY of Last Payment:2026 Green Industrial Supply II Debt/Obligation Type:Rebates Principal:1,017,590 Interest:0 Total:1,017,590 Annual Appropriation?:Yes Date Incurred:08/15/2011 FY of Last Payment:2035 County Farm Development Debt/Obligation Type:Internal Loans Principal:-1,522,547 Interest:0 Total:-1,522,547 Annual Appropriation?:Yes Date Incurred:01/01/1997 FY of Last Payment:2045 Series 2016B - Seigert Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:04/04/2016 FY of Last Payment:2023 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Greater Dubuque Dev Corp Contract Debt/Obligation Type:Internal Loans Principal:4,594,260 Interest:0 Total:4,594,260 Annual Appropriation?:Yes Date Incurred:01/01/2015 FY of Last Payment:2045 Series 2017B - North Siegert Expansion 2009B Refunding Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:595,000 Interest:54,600 Total:649,600 Annual Appropriation?:No Date Incurred:04/17/2017 FY of Last Payment:2030 Series 2018B - South Siegert Expansion Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:66,801 Interest:3,120 Total:69,921 Annual Appropriation?:No Date Incurred:04/25/2018 FY of Last Payment:2026 McFadden Farm Dev. Debt/Obligation Type:Internal Loans Principal:82,020 Interest:0 Total:82,020 Annual Appropriation?:Yes Date Incurred:07/01/2017 FY of Last Payment:2037 Roasting Solutions Debt/Obligation Type:Rebates Principal:278,168 Interest:0 Total:278,168 Annual Appropriation?:Yes Date Incurred:01/14/2016 FY of Last Payment:2028 Chavenelle Trail/Road Improvements Debt/Obligation Type:Internal Loans Principal:1,088,880 Interest:0 Total:1,088,880 Annual Appropriation?:Yes Date Incurred:07/01/2017 FY of Last Payment:2045 Seippel/Chavenelle Landscaping Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2018 FY of Last Payment:2045 Series 2019C - Refunds 2012D Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:179,119 Interest:22,642 Total:201,761 Annual Appropriation?:No Date Incurred:07/03/2019 FY of Last Payment:2032 Rite Hite Debt/Obligation Type:Rebates Principal:684,955 Interest:0 Total:684,955 Annual Appropriation?:Yes Date Incurred:07/01/2019 FY of Last Payment:2029 North Siegert Farm Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2019 FY of Last Payment:2045 Series 2021A - Refunds 2012H Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:71,508 Interest:6,606 Total:78,114 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2032 Series 2021B - Refunds 2014C&2012C Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:2,787,375 Interest:272,688 Total:3,060,063 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2034 Simmons Pet Food Debt/Obligation Type:Rebates Principal:2,079,410 Interest:0 Total:2,079,410 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2030 Series 2021A Chavenelle Road Rehab Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,155,000 Interest:219,000 Total:1,374,000 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2041 Duluth Trading Company Debt/Obligation Type:Rebates Principal:163,210 Interest:0 Total:163,210 Annual Appropriation?:Yes Date Incurred:08/03/2020 FY of Last Payment:2035 Medline Industries Debt/Obligation Type:Rebates Principal:2,596,020 Interest:0 Total:2,596,020 Annual Appropriation?:Yes Date Incurred:06/05/2018 FY of Last Payment:2031 Series 2022B - Crossroads Improvements Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:5,500,000 Interest:2,684,033 Total:8,184,033 Annual Appropriation?:No Date Incurred:06/29/2022 FY of Last Payment:2042 Data Center Debt/Obligation Type:Internal Loans Principal:132,868 Interest:0 Total:132,868 Annual Appropriation?:Yes Date Incurred:07/01/2024 FY of Last Payment:2045 Walter Development Debt/Obligation Type:Rebates Principal:3,100,990 Interest:0 Total:3,100,990 Annual Appropriation?:Yes Date Incurred:07/01/2024 FY of Last Payment:2035 Giese III Debt/Obligation Type:Rebates Principal:861,147 Interest:0 Total:861,147 Annual Appropriation?:Yes Date Incurred:07/01/2024 FY of Last Payment:2035 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY INDUST CNTR URBAN RENEWAL TIF Expenditure Amount:0 South Siegert Development South Siegert Farm Expansion TIF Expenditure Amount:0 County Farm Development County Farm Industrial Site Development TIF Expenditure Amount:0 County Farm Development South Siegert Farm Expansion TIF Expenditure Amount:371,500 Greater Dubuque Dev Corp Contract Greater Dubuque Development Corporation contract TIF Expenditure Amount:132,850 Series 2017B - North Siegert Expansion 2009B Refunding North Siegert Farm Expansion TIF Expenditure Amount:0 South Siegert Development South Siegert Farm Expansion TIF Expenditure Amount:34,246 Series 2018B - South Siegert Expansion South Siegert Farm Expansion TIF Expenditure Amount:0 Chavenelle Trail/Road Improvements County Farm Industrial Site Development TIF Expenditure Amount:0 McFadden Farm Dev. South Siegert Farm Expansion TIF Expenditure Amount:31,695 Series 2019C - Refunds 2012D Dubuque Industrial Center Expansion TIF Expenditure Amount:92,672 Series 2021A - Refunds 2012H Dubuque Industrial Center Expansion TIF Expenditure Amount:359,248 Series 2021B - Refunds 2014C&2012C Dubuque Industrial Center Expansion TIF Expenditure Amount:329,513 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Series 2022B - Crossroads Improvements Crossroads Improvements TIF Expenditure Amount:0 Data Center Data Center Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY INDUST CNTR URBAN RENEWAL Hormel Foods TIF Expenditure Amount:259,302 Hormel Foods Hormel Hormel 2027 Tri-State Quality metal TIF Expenditure Amount:70,544 Wilming Investments Tri State Quality Metals (Wilming) Tri State Quality Metals 2026 Roasting Solutions TIF Expenditure Amount:69,542 Roasting Solutions Roasting Solutions Roasting Solutions 2028 Rite Hite TIF Expenditure Amount:136,991 Rite Hite Rite Hite Rite Hite 2029 Simmons Pet Food TIF Expenditure Amount:415,882 Simmons Pet Food Simmons Pet Food Simmons 2030 Duluth Trading Company TIF Expenditure Amount:163,210 Duluth Trading Company Duluth Trading Company Duluth Trading Company 2025 Medline Industries TIF Expenditure Amount:370,863 Medline Industries Medline Industries Medline Industries, Inc 2031 Giese Manufacturing TIF Expenditure Amount:95,683 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Giese Manufacturing Giese III Giese 2034 Green Industrial TIF Expenditure Amount:101,759 Green Industrial Green Industrial Supply II Green Industrial Supply 2035 Walter Development TIF Expenditure Amount:163,210 Walter Development Walter Development Hodge 2035 Jobs For DUBUQUE CITY INDUST CNTR URBAN RENEWAL Project:Green Industrial Supply Company Name:Green Industrial Supply Date Agreement Began:08/15/2011 Date Agreement Ends:05/01/2024 Number of Jobs Created or Retained:68 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:11,133,880 Total Estimated Cost of Public Infrastructure:0 Project:Hormel Company Name:Progressive Packaging LLC Date Agreement Began:04/21/2008 Date Agreement Ends:05/01/2021 Number of Jobs Created or Retained:381 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:92,955,000 Total Estimated Cost of Public Infrastructure:0 Project:Medline Company Name:Medline Industries, Inc. Date Agreement Began:11/19/2007 Date Agreement Ends:05/01/2018 Number of Jobs Created or Retained:555 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:7,751,600 Total Estimated Cost of Public Infrastructure:0 Project:IWI Motor Parts Company Name: Faley Properties, L.L.C. and Faley Enterprises, Inc. Date Agreement Began:02/07/2011 Date Agreement Ends:05/01/2022 Number of Jobs Created or Retained:52 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:3,002,140 Total Estimated Cost of Public Infrastructure:0 Project:Roasting Solutions Company Name:Roasting Solutions Date Agreement Began:01/14/2016 Date Agreement Ends:05/01/2028 Number of Jobs Created or Retained:19 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:3,292,000 Total Estimated Cost of Public Infrastructure:0 Project:Tri State Quality Metals Company Name:Tri State Quality Metals Date Agreement Began:03/17/2014 Date Agreement Ends:05/01/2026 Number of Jobs Created or Retained:37 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:3,430,000 Total Estimated Cost of Public Infrastructure:0 Project:Hodge Company Name:Duluth Holdings, Inc Date Agreement Began:11/04/2019 Date Agreement Ends:06/01/2035 Number of Jobs Created or Retained:76 Total Annual Wages of Required Jobs:0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Total Estimated Private Capital Investment:9,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Unison Company Name:Unison Solutions, Inc Date Agreement Began:11/04/2019 Date Agreement Ends:10/31/2021 Number of Jobs Created or Retained:10 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:1,400,000 Total Estimated Cost of Public Infrastructure:0 Project:Simmons Company Name:Simmons Pet Food, Inc Date Agreement Began:12/09/2020 Date Agreement Ends:06/01/2033 Number of Jobs Created or Retained:344 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:71,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Giese Company Name:Giese Manufacturing Company, Inc Date Agreement Began:04/19/2021 Date Agreement Ends:06/01/2033 Number of Jobs Created or Retained:59 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:5,500,000 Total Estimated Cost of Public Infrastructure:0 Project:Rite Hite Company Name:Rite-Hite/AB(MC)2 Date Agreement Began:06/06/2016 Date Agreement Ends:05/01/2029 Number of Jobs Created or Retained:416 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:8,266,721 Total Estimated Cost of Public Infrastructure:0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 5 INCREM TIF Taxing District Inc. Number: 310078 TIF Taxing District Base Year: 1987 FY TIF Revenue First Received: 1991 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 05/1988 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 31,419,300 4,846,500 0 0 36,265,800 0 36,265,800 Taxable 0 0 27,699,382 4,099,604 0 0 31,798,986 0 31,798,986 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 54,310 31,798,986 31,798,986 0 0 FY 2025 TIF Revenue Received: 3,691,380 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 6 INCREM TIF Taxing District Inc. Number: 310080 TIF Taxing District Base Year: 1996 FY TIF Revenue First Received: 1998 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2019 UR Designation Slum No Blighted No Economic Development 10/1997 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 100,089 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 32 INCREM TIF Taxing District Inc. Number: 310167 TIF Taxing District Base Year: 1990 FY TIF Revenue First Received: 1991 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 05/1988 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 3,639,400 18,811,500 0 0 22,450,900 0 22,450,900 Taxable 0 0 3,122,705 16,734,195 0 0 19,856,900 0 19,856,900 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 15,875,900 6,575,000 6,575,000 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 32 INCREM TIF Taxing District Inc. Number: 310169 TIF Taxing District Base Year: 1990 FY TIF Revenue First Received: 1991 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 05/1988 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 24,420 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 5 INCREMENT TIF Taxing District Inc. Number: 310191 TIF Taxing District Base Year: 1987 FY TIF Revenue First Received: 1991 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 05/1988 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 78 INCREMENT TIF Taxing District Inc. Number: 310396 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 06/2013 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 25,600 23,142,000 0 0 23,167,600 0 23,167,600 Taxable 0 0 11,864 20,556,558 0 0 20,568,422 0 20,568,422 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 66,322 20,568,422 20,568,422 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 78 INCREMENT TIF Taxing District Inc. Number: 310398 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2013 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 06/2013 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 220,910 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: CENTER TWP/DBQ COMM SCH/DUBUQUE UR 78 INCREMENT TIF Taxing District Inc. Number: 310400 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 06/2013 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE TWP/DBQ COMM SCH/ASBURY FIRE/DUBUQUE UR 78 INCREMENT TIF Taxing District Inc. Number: 310402 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 06/2013 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 101 INCREMENT TIF Taxing District Inc. Number: 310498 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: 2010 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2029 UR Designation Slum No Blighted No Economic Development 03/2008 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 20,590,800 0 0 0 20,590,800 0 20,590,800 Taxable 0 0 18,354,742 0 0 0 18,354,742 0 18,354,742 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 472,448 18,354,742 18,354,742 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 102 INCREMENT TIF Taxing District Inc. Number: 310500 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 26,463,200 0 0 26,463,200 0 26,463,200 Taxable 0 0 0 23,751,394 0 0 23,751,394 0 23,751,394 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 23,751,394 23,751,394 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: CENTER TWP/DBQ COMM SCH/UR 104 INCREMENT TIF Taxing District Inc. Number: 310508 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: 2017 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2037 UR Designation Slum No Blighted No Economic Development 06/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 305,413 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 105 INCREMENT TIF Taxing District Inc. Number: 310510 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: 2017 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2037 UR Designation Slum No Blighted No Economic Development 09/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 13,480,500 0 0 0 13,480,500 0 13,480,500 Taxable 0 0 12,057,984 0 0 0 12,057,984 0 12,057,984 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 354,838 12,057,984 12,057,984 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 105 INCREMENT TIF Taxing District Inc. Number: 310512 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 354,838 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 108 INCREMENT TIF Taxing District Inc. Number: 310522 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2018 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2038 UR Designation Slum No Blighted No Economic Development 09/2016 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 192,580 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: CENTER TWP/DBQ COMM SCH/UR 109 INCREMENT TIF Taxing District Inc. Number: 310524 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2017 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2037 UR Designation Slum No Blighted No Economic Development 09/2016 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE TWP/DBQ COMM SCH/UR 110 INCREMENT TIF Taxing District Inc. Number: 310526 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2017 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2037 UR Designation Slum No Blighted No Economic Development 09/2016 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 104 INCREMENT TIF Taxing District Inc. Number: 310542 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: 2017 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2037 UR Designation Slum No Blighted No Economic Development 06/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 48,289 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 133 INCREMENT TIF Taxing District Inc. Number: 310604 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2040 UR Designation Slum No Blighted No Economic Development 05/2018 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 16,247,000 0 0 0 16,247,000 0 16,247,000 Taxable 0 0 14,556,814 0 0 0 14,556,814 0 14,556,814 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 14,556,814 14,556,814 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH UR 134 (SUBAREA L) INCREMENT TIF Taxing District Inc. Number: 310606 TIF Taxing District Base Year: 2018 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2039 UR Designation Slum No Blighted No Economic Development 12/2018 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 121,224 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH UR 134 (SUBAREA L) INCREMENT TIF Taxing District Inc. Number: 310608 TIF Taxing District Base Year: 2018 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2039 UR Designation Slum No Blighted No Economic Development 12/2018 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 2,274 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH UR 135 (SUBAREA M) INCREMENT TIF Taxing District Inc. Number: 310610 TIF Taxing District Base Year: 2018 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2039 UR Designation Slum No Blighted No Economic Development 12/2028 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 189,410 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 147 (SUBAREA N) INCREMENT TIF Taxing District Inc. Number: 310650 TIF Taxing District Base Year: 2020 FY TIF Revenue First Received: 2023 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2041 UR Designation Slum No Blighted No Economic Development 04/2021 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 2,317,000 0 0 2,317,000 0 2,317,000 Taxable 0 0 0 2,019,814 0 0 2,019,814 0 2,019,814 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 2,019,814 2,019,814 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 148 (SUBAREA O) INCREMENT TIF Taxing District Inc. Number: 310652 TIF Taxing District Base Year: 2020 FY TIF Revenue First Received: 2023 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2041 UR Designation Slum No Blighted No Economic Development 09/2021 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT TIF Taxing District Inc. Number: 310654 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT TIF Taxing District Inc. Number: 310656 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 153,950 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: TABLE MOUND TWP/DBQ COMM SCH/UR 149 (SUBAREA P) - INCREMENT TIF Taxing District Inc. Number: 310658 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE TWP/DBQ COMM SCH/UR 149 (SUBAREA P) INCREMENT TIF Taxing District Inc. Number: 310660 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 158 (SUBAREA Q) INCREMENT TIF Taxing District Inc. Number: 310686 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: 2023 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2043 UR Designation Slum No Blighted No Economic Development 05/2022 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 2,451,200 0 0 2,451,200 0 2,451,200 Taxable 0 0 0 2,140,594 0 0 2,140,594 0 2,140,594 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,512,810 938,390 938,390 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 159 (SUBAREA R) INCREMENT TIF Taxing District Inc. Number: 310688 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: 2024 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2041 UR Designation Slum No Blighted No Economic Development 09/2022 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 4,352,400 0 0 0 4,352,400 0 4,352,400 Taxable 0 0 3,897,682 0 0 0 3,897,682 0 3,897,682 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 84,680 3,897,682 3,897,682 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 161 (SUBAREA S) INCREMENT TIF Taxing District Inc. Number: 310692 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 851,300 0 0 0 851,300 0 851,300 Taxable 0 0 700,684 0 0 0 700,684 0 700,684 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 700,684 700,684 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR URBAN RENEWAL (31002) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 162 (SUBAREA T) INCREMENT TIF Taxing District Inc. Number: 310694 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 315,200 240,000 0 0 -4,000 551,200 0 551,200 Taxable 0 146,073 150,514 0 0 -4,000 292,587 0 292,587 Homestead Credits 1 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 483,880 71,320 71,320 0 0 FY 2025 TIF Revenue Received: 0 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL UR Area Number: 31018 UR Area Creation Date: 04/1997 UR Area Purpose: To develop and redevelop the Dubuque Industrial Center South for economic development activities, primarily industrial park development, through the provision of development sites, public infrastructure, amenities and financial incentives. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 26 INCREM 310124 310123 0 DUBUQUE CITY/DBQ COMM SCH/UR 97 INCREMENT 310489 310490 0 DUBUQUE CITY/DBQ COMM SCH/UR 98 INCREMENT 310491 310492 1,802,014 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 2,075,000 0 0 0 2,075,000 0 2,075,000 Taxable 0 0 1,802,014 0 0 0 1,802,014 0 1,802,014 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 135,536 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 49,194 TIF Sp. Revenue Fund Interest: 6,541 Property Tax Replacement Claims 1,439 Asset Sales & Loan Repayments: 0 Total Revenue: 57,174 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 192,710 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL Technology Park Development Description: Development of Dubuque Technology Park, including engineering, grading, paving, and uilities Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Greater Dubuque Development Corporation contract Description: Contract for service to promote business retention,expansion, recruitment and workforce development Classification:Administrative expenses Physically Complete:No Payments Complete:No Water/Sewer Utility Extension Description:Water/Sewer Utility Extension Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Rockfarm Holdings Description:Rebate for construction of commercial office Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Conlon Johnson Description:Rebate for construction of commercial office Classification:Commercial - office properties Physically Complete:Yes Payments Complete:Yes ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL Internal Loan - General Fund Debt/Obligation Type:Internal Loans Principal:3,078,387 Interest:0 Total:3,078,387 Annual Appropriation?:Yes Date Incurred:07/01/1997 FY of Last Payment:2045 Rockfarm Rebate Debt/Obligation Type:Rebates Principal:72,928 Interest:0 Total:72,928 Annual Appropriation?:Yes Date Incurred:10/07/2014 FY of Last Payment:2027 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL TIF Expenditure Amount:0 Internal Loan - General Fund Technology Park Development ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL ROCKFARM TIF Expenditure Amount:0 ROCKFARM Rockfarm Rebate Rockfarm Holdings 2027 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Jobs For DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL Project:Rockfarm Holdings Company Name:Rockfarm Holdings Date Agreement Began:10/07/2014 Date Agreement Ends:05/01/2027 Number of Jobs Created or Retained:71 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:1,750,000 Total Estimated Cost of Public Infrastructure:0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL (31018) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 26 INCREM TIF Taxing District Inc. Number: 310123 TIF Taxing District Base Year: 1996 FY TIF Revenue First Received: 2002 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2018 UR Designation Slum No Blighted No Economic Development 04/1997 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 28,593 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL (31018) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 97 INCREMENT TIF Taxing District Inc. Number: 310490 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2036 UR Designation Slum No Blighted No Economic Development 06/2014 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY INDUST CNTR SOUTH URBAN RENEWAL (31018) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 98 INCREMENT TIF Taxing District Inc. Number: 310492 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2036 UR Designation Slum No Blighted No Economic Development 09/2014 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 2,075,000 0 0 0 2,075,000 0 2,075,000 Taxable 0 0 1,802,014 0 0 0 1,802,014 0 1,802,014 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 1,802,014 1,802,014 0 0 FY 2025 TIF Revenue Received: 49,194 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL UR Area Number: 31033 UR Area Creation Date: 05/1967 UR Area Purpose: To stimulate, through public actions, private investment within the Downtown area leading to the creation of thriving business districts, high-quality employment opportunities, the development of additional housing units, and the conservation and restoration of historic buildings. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 1 INCREM 310071 310070 56,833,757 DUBUQUE CITY/DBQ COMM SCH/UR 2 INCREM 310073 310072 29,825,480 DUBUQUE CITY/DBQ COMM SCH/UR 3 INCREM 310075 310074 353,690 DUBUQUE CITY/DBQ COMM SCH/UR 4 INCREM 310077 310076 0 DUBUQUE CITY/DBQ COMM SCH/UR 7 INCREM 310084 310083 2,593,840 DUBUQUE CITY/DBQ COMM SCH/UR 35 INCREM 310179 310180 93,938,505 DUBUQUE CITY/DBQ COMM SCH/UR 37 INCREMENT 310185 310186 1,613,540 DUBUQUE CITY/DBQ COMM SCH/UR 38 INCREMENT 310187 310188 19,447,370 DUBUQUE CITY/DBQ COMM SCH/UR 53 INCREMENT 310295 310296 2,917,519 DUBUQUE CITY/DBQ COMM SCH/UR55 INCREMENT 310327 310328 49,201,568 DUBUQUE CITY/DBQ COMM SCH/UR56 INCREMENT 310329 310330 4,870,507 DUBUQUE CITY/DBQ COMM SCH/UR57 INCREMENT 310331 310332 1,187,400 DUBUQUE CITY/DBQ COMM SCH/UR58 INCREMENT 310333 310334 448,800 DUBUQUE CITY/DBQ COMM SCH/UR 62 INCREMENT 310353 310354 8,567,540 DUBUQUE CITY/DBQ COMM SCH/UR 63 INCREMENT 310355 310356 2,741,701 DUBUQUE CITY/DBQ COMM SCH/UR 69 INCREMENT 310375 310376 1,809,412 DUBUQUE CITY/DBQ COMM SCH/UR 70 INCREMENT 310377 310378 11,697,577 DUBUQUE CITY/DBQ COMM SCH/UR 71 INCREMENT 310379 310380 51,032,790 DUBUQUE CITY/DBQ COMM SCH/UR 72 INCREMENT 310381 310382 16,215,962 DUBUQUE CITY/DBQ COMM SCH/UR 73 INCREMENT 310383 310384 2,453,270 DUBUQUE CITY/DBQ COMM SCH/UR 74 INCREMENT 310385 310386 0 DUBUQUE CITY/DBQ COMM SCH/UR 91 INCREMENT 310467 310468 5,850,880 DUBUQUE CITY/DBQ COMM SCH/UR 93 INCREMENT 310479 310480 6,046,130 DUBUQUE CITY/DBQ COMM SCH/UR 99 INCREMENT 310493 310494 386,591 DUBUQUE CITY/DBQ COMM SCH/UR 100 INCREMENT 310495 310496 953,577 DUBUQUE CITY/DBQ COMM SCH/UR 112 INCREMENT 310529 310530 22,031,348 DUBUQUE CITY/DBQ COMM SCH/UR 113 INCREMENT 310531 310532 412,726 DUBUQUE CITY/DBQ COMM SCH/UR 114 INCREMENT 310533 310534 3,131,689 DUBUQUE CITY/DBQ COMM SCH/UR 116 INCREMENT 310543 310544 0 DUBUQUE CITY/DBQ COMM SCH/UR 121 INCREMENT 310567 310568 6,030,357 DUBUQUE CITY/DBQ COMM SCH/UR 141 INCREMENT 310635 310636 13,840 DUBUQUE CITY/DBQ COMM SCH/UR 145 INCREMENT 310643 310644 0 DUBUQUE CITY/DBQ COMM SCH/UR 157 ROOSEVELT STREET INCREMENT 310683 310684 3,507,480 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 255,858,107 425,023,632 55,227,630 705,130 -444,000 735,967,499 0 735,967,499 Taxable 0 118,571,731 353,183,681 47,782,399 569,131 -444,000 519,259,942 0 519,259,942 Homestead Credits 768 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 11,194,030 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 11,046,417 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Sp. Revenue Fund Interest: 585,269 Property Tax Replacement Claims 73,851 Asset Sales & Loan Repayments: 573,332 Total Revenue: 12,278,869 Rebate Expenditures: 1,856,748 Non-Rebate Expenditures: 3,055,491 Returned to County Treasurer: 0 Total Expenditures: 4,912,239 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 18,560,660 0 Amount of 06-30-2025 Cash Balance Restricted for LMI Projects For DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL Bonson Block Description:Rebate, housing incentive for 3 story rehabilitation Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Spahn and Rose lease Description:Rebate on property tax for lease of old City garage Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Flexsteel Description:Tax rebate for construction of new headquarters Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Franklin School Description: Rebate and Downtown housing incentive for rehabilitation of Franklin School Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:No CARADCO Description: Rebate, housing incentive, rehab loan, facade, design and financial consultant grants for rehabilitation of CARADCO building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Nottingham properties Description: Rebate, housing incentive and facade grant for redevelopment of building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Betty Jane Block Description: Rebate, housing incentive, rehabilitaiton loan and facade grant for redevelopment of building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 40 Main Description: TIF revenue bond, housing incentive, and economic development grants for rehabilitation of a 24-unit apartment complex and commercial space Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Crust Description: Rebate, housing incentive for rehabilitation of a mixed use facility including 21 apartments Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No WS Live Description:Property tax rebate for rehabilitation of Interstate Building Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Hotel Julien Description: Rebate, rehab loan, facade and design grants for the rehabilitation of the hotel Classification:Commercial - hotels and conference centers Physically Complete:Yes Payments Complete:No Cottingham and Butler Description: Rebate, rehab loan, facade and design grant for rehabilitation of the Cottingham and Bulter office Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No German Bank Description: Rebate, rehab loan, facade and design grant for rehabilitation of former German Bank building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Durrant Description:Rebate for rehabilitation of of Durrant office building Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Port of Dubuque Ramp Description:Construction of parking ramp within the Port of Dubuque Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Hartig Description: Rebate, rehab loan and design grant for rehabilitation of office building Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Star Brewery Description:Rebate for rehabilitation of mixed use facility Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Heartland Financial Description:Rebate for the rehabilitation of former Walsh Store Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No McGraw Hill II Description:Rebate for construction of new facility in Port of Dubuque Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Roshek Building Description:Rebate for renovation of former Dubuque Building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Historic Federal Building Description: Previously approved renovation of Historic Federal Building for City office and leased space Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Weber Building Description: TIF bond for the rehabilitation of the mixed use Weber Building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Ice Harbor Development Description: Previously approved property acquisition, parking lots, clean-up and clearance, relocations Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Port of Dubuque Parking Ramp Description: Internal Loan for legal notices, engineering division service and consultant fees Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Port of Dubuque Parking Lot Description: Construction of Parking Lot in Port of Dubuque for parking and festivals Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Kephart's Building Description: Renovation of Kephart's Building for Multicultural Family Center and City offices Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Downtown Workforce Recruitment Description:Downtown Workforce Recruitment Classification:Administrative expenses Physically Complete:Yes Payments Complete:No Main Street Streetscape Description:Renovation Street Streetscape Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Millwork Street Reconstruction Description:Reconstruction of Streets in the Millwork District Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Downtown Rehab Consultant Description: Matching fund grants to hire financial consultants for downtown rehabiliation projects Classification:Administrative expenses Physically Complete:No Payments Complete:No IDOT Building Purchase Description: Previously approved purchase of Former ABC Building from IDOT Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Kerper Industrial Park Development Description:Environmental/Dredging/Construction/Grading Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No 5th and 3rd Street Parking Ramps Description:Construction and Repair of 3rd Street Parking Ramps Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Library Renovation Description:Previously approved renovation Carnegie Stout Library Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No America's River Project Description: Previously approved Conference Center/Riverwalk/Parking Lots/Landscaping/Five Flags Renovation/ Art on the River Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Opening of Main Street - 5th to 9th Street Description: Opening of Main Street - Street Improvements/Streetscape/Landscaping/Sidewalk/Utilities Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Downtown Housing Incentives Description: $10,000 per unit for development of Rental Units in Downtown, or $15,000 for owner-occupied units Downtown Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Lower Main Development Description:Renovation of Lower Main Buildings Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Central Parking Ramp Description: Previously approved construction of Parking Ramp on 10th and Central Avenue Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Intermodal Facility Description: Construction of Intermodal Facility in Millwork District as well as surrounding parking Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No 7th Street Improvements and One-Way to Two-Way Description:Street Improvements related to Intermodal Facility Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Washington Neighborhood Subarea Rehab Loan Pool Description:Rehab Loans to Washington Neighborhood Subarea Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Morrison Brothers Description:Rebate for renovation of building Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No Planning and Design Grants Description: Matching funds to hire artchitects, engineers, and other professional services for the rehabilitation of buildings downtown Classification:Administrative expenses Physically Complete:No Payments Complete:No Downtown rehabilitation loans Description: Low interest loans with foregiveness for housing units or jobs created for downtown rehabilitation projects Classification:Administrative expenses Physically Complete:No Payments Complete:No Facade grants Description: Matching funds for building facade improvements on downtown rehabiliation projects Classification:Administrative expenses Physically Complete:No Payments Complete:No Mystique Ice Center improvements Description: Installation of new air conditioning, electrical improvements, the purchase of a generator, ice decking and a power factor correction device at the Ice Center Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No Bell Street extension Description: Design, engineering, land and right of way acquisition and construction of the Bell Street extension and associated landscpaing and streetscapes Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Historic Shot Tower restoration Description: Previously approved design, engineering, architectural, and construction fees associated with the restoration of the historic shot tower Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No McAllece Park and Recreatioin Complex Description: Design, engineering, and construction of sidewalks at the McAllece Park and Recreation complex Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No White and Central street resurfacing Description: Design, engineering and construction for the resurfacing of White Street Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Passenger Rail Platform Description: Design, Engineering, and construction of passenger rail platform Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Bluff Street restroom Description: Design, engineering, and construction of an ADA restroom near the intersection of 5th and Bluff Street Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Retaining wall at 18th and Central Description: Reconstruction of a retaining wall near the intersection of 18th and Central Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Street light replacement Description:Replacement of street lights downtown Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Bowling and Beyond Acquisition Description: Buyout of a leasehold interest for the Bowling and Beyond site at 1860 Hawthorne Street Classification:Acquisition of property Physically Complete:Yes Payments Complete:No Eagle Window and Door Description: Development expenses associated with the relocation of Eagle Window and Door Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No Downtown Shuttle Service Description:Shuttle service from the Downtown Parking Ramp Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Bee Branch landscaping Description: General landscaping and maintenance expesnes associated with the Bee Branch Creek Restoration Project Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:No Payments Complete:No ADA grants Description: Matching grants for property owners to make buildings compliant with Americans with Disabilities Act Classification:Administrative expenses Physically Complete:No Payments Complete:No GDDC Description: Contract for service with the Greater Dubuque Development Corporation to promote business retention and expansion, workforce development, new business recruitment and retail expansion Classification:Administrative expenses Physically Complete:No Payments Complete:No Rousselot Description:Tax rebate for expansion to existing manufacturing facility Classification:Industrial/manufacturing property Physically Complete:No Payments Complete:No Linseed Oil Paintworks Company Building Description: Tax rebate, housing incentive, facade, planning and design, and financial consult grants for rehabilation of building into loft apartments Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Novelty Ironworks Description: Rebate, housing incentive, facade, planning and design, and financial consultant grant for rehabilitaiton of former factory into mixed-use development Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Morrison Brothers Description: Tax rebate for expansion to manufacturing facility (formerly East 7th Street ED District) Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:No 44 Main Description: Tif rebate, downtown rehabloans for rehabilitation of 18- unit apartment complex and retail space Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No 756 Main Description:Tax rebate for renovation of building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Engine House #1 Description:Tax rebate for renovation of building Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No Millwork District Parking Description:Acquisition and Construction of Parking Lots Classification:Acquisition of property Physically Complete:No Payments Complete:No Plastic Center Description:Tax rebate for renovation of building Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Construction of Bus Garage Description:Contruction of new bus garage Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Downtown Security Cameras Description:Purchase and Installation of Downtown Security Cameras Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Community Housing Initiative Description:Housing initiative for Washington Neighborhood Classification:Acquisition of property Physically Complete:No Payments Complete:No Central Ave. Corridor Initiative Description: Target Community Engeagement opportunites in Central Corridor Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Riverfront Leasehold Improvements Description: Mitigation, demolition & related property improvement studies Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Legal Fees Description:Legal Fees in Relation to TIF District Expenses Classification:Administrative expenses Physically Complete:Yes Payments Complete:No Trolley Operations Description: Funding of Trolley Operations to promote downtown employment Classification:Administrative expenses Physically Complete:No Payments Complete:No True North Initiative Description:Funding of the True North Initiative Project Classification:Low and Moderate Income Housing Physically Complete:No Payments Complete:No 253 Main St Description:TIF Rebate for rehab of 253 Main St Classification:Commercial - office properties Physically Complete:No Payments Complete:No H&W Building 3000 Jacksong Description:Deconstruction Grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No 653 White Properties, LLC Description:Planning and design grant and tax rebate Classification:Commercial - retail Physically Complete:Yes Payments Complete:No Dimensional Brewing Company Description:Tax rebate Classification:Commercial - retail Physically Complete:Yes Payments Complete:No Metx, LLC Description: Facade grant, planning and design grant, and financial planning grant Classification:Commercial - office properties Physically Complete:No Payments Complete:No Dupaco Voices, LLC Description: Tax rebate, rehab grant, facade grant, design grant, and financial consultant grant Classification:Commercial - office properties Physically Complete:No Payments Complete:No Tbill's Properties, LLC Description: Rehab grant, facade grant, design grant, and financial consultant grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:Yes Three Amigos Description:Design grant and financial consulting grant Classification:Commercial - retail Physically Complete:Yes Payments Complete:No Marquette Hall Description: tax rebate for housing incentive, facade grant, design grant, and financial consultant grant Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:No Hitzler Rental, LLC Description:Facade Grant and Planning & Design Grant Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:Yes Roshek Description:Tax rebate Classification:Commercial - office properties Physically Complete:Yes Payments Complete:No 84 Main, LLC Description:Housing incentive grant and facade grant Classification:Residential property (classified residential) Physically Complete:No Payments Complete:No 278 W 17th Street Description:Housing incentive grant and rehabilitation loan Classification:Residential property (classified residential) Physically Complete:No Payments Complete:No 1838 Central - CSB Consulting Description:Housing incentive grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:Yes Dream Center Description:Planning & design grant Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No 1555 Central Description:Facade grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No United Brotherhood of Carpenters Description:Facade grant Classification:Commercial - office properties Physically Complete:No Payments Complete:No Montana House, LLC Description: Facade grant, planning & design grant, and financial consultant grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Friends of Paradise Church Description:Facade grant Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No Jeld Wen Description:Forgivable Loan Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:Yes 1501 Jackson - Steeple Square Description: Tax Rebate, housing grant, facade, plan/desing, financial consult grants Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:No Dubuque Stamp Description:Dubuque Stamping & Manufacturing Classification:Industrial/manufacturing property Physically Complete:Yes Payments Complete:Yes Comiskey Park Description:Improvements to Park Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Prairie Farms Dairy, Inc. Description:Tax rebate Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Merge Description:Tax rebate and land acquisition grant Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No River Dock Expansion Description:Construction of Main Channel Docks Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Parking Ramp Emergency Repairs and Deficit Description:Parking Ramp Emergency Repairs and Deficit Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No 210 Jones LLC Description:Tax rebate for renovation of building Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:No ERP System Implementation Description:New financial system Classification:Administrative expenses Physically Complete:No Payments Complete:No SMART Parking System Description:SMART Parking Equipment Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No South Port Redevelopment Description:South Port Redevelopment Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:No Payments Complete:No Municipal Parking Lots Description:Repaving of Municipal Parking Lots Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Parking Ramp OCC Certification Description:Parking Ramp OCC Certification Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Downtown Weatherization Non-Profits Description:Downtown Weatherization Non-Profits Classification:Commercial - office properties Physically Complete:No Payments Complete:No ADA Restrooms/Multicultural Family Center Description:ADA Restrooms/Multicultural Family Center Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Transit Roof/Loan pool/ADA Assistance Description:Transit Roof/Loan pool/ADA Assistance Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Jackson Park and Clock Tower Description:Jackson Park and Clock Tower Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Downtown Ramp Description:Downtown Ramp Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No Krestchmer Lofts Description: Housing creation, facade, design, financial consultant grants Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:No CARich Properties Description: Housing creation, forgivable loan, design, financial consultant grants Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No The Fischer Companies Description:Housing Creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:Yes HG APT Description:Housing Creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:Yes Real Property Investments Description:Housing creation, facade Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:Yes JTM Properties Description:Housing creation, facade, design grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:Yes Dub Jones Description:Facade, design grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No TKWJ Estates Description:Housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:Yes Payments Complete:Yes Unitarian Church Description:Facade, design, financial consultant grants Classification:Commercial - retail Physically Complete:Yes Payments Complete:Yes Klauer Manufacturing Description:Rebate associated with facility expansion Classification:Commercial - warehouses and distribution facilities Physically Complete:Yes Payments Complete:No Dubuque Screw Description:Rebate associated with facility expansion Classification:Commercial - warehouses and distribution facilities Physically Complete:No Payments Complete:No MVO, LLC Description:facade and design grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:Yes Virtual Velocity, LLC Description: Housing creation, facade, design, financial consultant grants, DRLP Loan Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No The Hotel Dubuque Description:Rebate Classification:Commercial - hotels and conference centers Physically Complete:No Payments Complete:No McCoy Group, Inc. Description:Rebate associated with facility expansion Classification:Commercial - office properties Physically Complete:No Payments Complete:No 799 Main, LLC Description: Rebate, housing creation, facade, design, and financial consultant grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Nia Neighborhoods, LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Forward Investments, LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Farley & Loetscher, LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Chadwick Block, LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No HG APT LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Union at the Marina, LP Description:Rebate associated with housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No 400 Ice Harbor Drive Description:Rebate associated with job creation and facility remodel Classification:Commercial - office properties Physically Complete:No Payments Complete:No CBDC, LLC Description:Rebate associated with construction of childcare center Classification:Commercial-Medical Physically Complete:No Payments Complete:No Woodward Communications Description:Rebate associated with job creation and facility remodel Classification:Commercial - office properties Physically Complete:No Payments Complete:No Wilson House Apts, LLC Description: Rebate, housing, facade, design, and financial consultant grants Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:No Payments Complete:No Millwork Flats, L.L.C. Description:Rebate associated with housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Grand River Center Description:Internal Loan for Building Improvements Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Five Flags Renovations Description:Renovations of Five Flags Civic Center Classification:Municipal and other publicly-owned or leased buildings Physically Complete:No Payments Complete:No East West Corridor Capacity Description:Improvements to Downtown Traffic Flow Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No 14th Street Overpass Description:Pedestrian Overpass Over 14th Street Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Blum Site Utilization Description:Reutilization of Downtown Junkyard Classification:Municipal and other publicly-owned or leased buildings Physically Complete:Yes Payments Complete:No Millwork Master Planning Description:Master Plan for Millwork District Classification: Mixed use property (ie: a significant portion is residential and significant portion is commercial) Physically Complete:Yes Payments Complete:No Limestone Legacy, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No 1400 Central, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Nia Neighborhoods Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No 744 Main, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No FEH Realty, LLC Description:Rebate associated with job creation Classification:Commercial - office properties Physically Complete:No Payments Complete:No Kinseth Hospitality Description:Rebate associated with hotel development Classification:Commercial - hotels and conference centers Physically Complete:No Payments Complete:No DRA Description:Rebate associated with hotel development Classification:Commercial - hotels and conference centers Physically Complete:No Payments Complete:No Gronen Development, Inc. Description:Rebate associated with new housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No FitzGerald EnterpriZes, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No 1301 Central, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Plastic Center, Inc. Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Adam Vogel Building, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Dubuque Initiaitves 1700, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No ASJS Properties, LLC Description: Rebates associated with housing creation and grant for housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Greater Dubuque Impact Investment Fund Description:Rebates associated with development of a medical facility Classification:Commercial-Medical Physically Complete:No Payments Complete:No Hitzler Rental, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No 1248 Iowa St, LLC Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Ned Oberbroeckling Description: Rebate associated with housing creation, grants for facade renovation and housing creation Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No Public Electric Chargers Description:Internal loan for public electric charges in parking ramps Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Small Business Grant Admin Description:Internal Loan for Small Business Grant Administration Classification:Commercial - office properties Physically Complete:No Payments Complete:No Debts/Obligations For DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL 2007B - Port of Dubuque Ramp Debt/Obligation Type:TIF Revenue Bonds/Notes Principal:16,350,000 Interest:9,805,500 Total:26,155,500 Annual Appropriation?:No Date Incurred:10/16/2007 FY of Last Payment:2037 Roshek Building Rebate Debt/Obligation Type:Rebates Principal:2,947,676 Interest:0 Total:2,947,676 Annual Appropriation?:No Date Incurred:01/01/2006 FY of Last Payment:2021 Julien Hotel Rebate Debt/Obligation Type:Rebates Principal:528,263 Interest:0 Total:528,263 Annual Appropriation?:No Date Incurred:01/01/2007 FY of Last Payment:2026 Ice Harbor Development Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:01/01/1991 FY of Last Payment:2045 Historic Federal Building Renovation Debt/Obligation Type:Internal Loans Principal:649,897 Interest:0 Total:649,897 Annual Appropriation?:No Date Incurred:01/01/2007 FY of Last Payment:2045 Port of Dubuque Parking Lot Debt/Obligation Type:Internal Loans Principal:-572,376 Interest:0 Total:-572,376 Annual Appropriation?:Yes Date Incurred:01/01/2007 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 FY of Last Payment:2045 Kerper Development Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:01/01/1997 FY of Last Payment:2032 Bowling & Beyond Acquisition Debt/Obligation Type:Other Debt Principal:400,000 Interest:0 Total:400,000 Annual Appropriation?:No Date Incurred:01/01/2013 FY of Last Payment:2023 Bonson Block Debt/Obligation Type:Rebates Principal:46,885 Interest:0 Total:46,885 Annual Appropriation?:No Date Incurred:02/07/2011 FY of Last Payment:2028 Nottingham Properties Debt/Obligation Type:Rebates Principal:426 Interest:0 Total:426 Annual Appropriation?:No Date Incurred:03/15/2011 FY of Last Payment:2028 Franklin Investments Debt/Obligation Type:Rebates Principal:81,179 Interest:0 Total:81,179 Annual Appropriation?:No Date Incurred:04/04/2011 FY of Last Payment:2028 Plastic Center Debt/Obligation Type:Rebates Principal:36,003 Interest:0 Total:36,003 Annual Appropriation?:No Date Incurred:03/15/2011 FY of Last Payment:2028 Flexsteel Debt/Obligation Type:Rebates Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:04/04/2011 FY of Last Payment:2024 Caradco Debt/Obligation Type:Rebates Principal:512,177 Interest:0 Total:512,177 Annual Appropriation?:No Date Incurred:03/15/2011 FY of Last Payment:2028 Kephart Building Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:01/01/2009 FY of Last Payment:2045 Port of Dubuque Ramp Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:01/01/2009 FY of Last Payment:2045 Linseed Oil Debt/Obligation Type:Rebates Principal:32,948 Interest:0 Total:32,948 Annual Appropriation?:No Date Incurred:03/07/2013 FY of Last Payment:2025 Rousselot Debt/Obligation Type:Rebates Principal:14,985 Interest:0 Total:14,985 Annual Appropriation?:No Date Incurred:01/22/2013 FY of Last Payment:2025 Novelty Iron Works Debt/Obligation Type:Rebates Principal:1,376,997 Interest:0 Total:1,376,997 Annual Appropriation?:No Date Incurred:06/17/2013 FY of Last Payment:2031 253 Main St-Oberbroeckkling Debt/Obligation Type:Rebates Principal:8,852 Interest:0 Total:8,852 Annual Appropriation?:No Date Incurred:04/06/2015 FY of Last Payment:2027 1501 Jackson Steeple Square Debt/Obligation Type:Rebates Principal:22,775 Interest:0 Total:22,775 Annual Appropriation?:No Date Incurred:05/02/2016 FY of Last Payment:2030 METX, LLC - Lamar building Debt/Obligation Type:Rebates Principal:1,221,006 Interest:0 Total:1,221,006 Annual Appropriation?:No Date Incurred:10/12/2017 FY of Last Payment:2031 Steeple Square Event Center Debt/Obligation Type:Rebates Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:10/12/2017 FY of Last Payment:2031 2017B Refunding Millwork Dist Parking Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,075,000 Interest:116,100 Total:1,191,100 Annual Appropriation?:No Date Incurred:04/17/2017 FY of Last Payment:2030 2017C Refunding DT Housing Incentive Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,140,000 Interest:136,647 Total:1,276,647 Annual Appropriation?:No Date Incurred:04/17/2017 FY of Last Payment:2030 Bus Storage Facility Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:06/20/2017 FY of Last Payment:2045 Community Housing Development Debt/Obligation Type:Internal Loans Principal:305,000 Interest:0 Total:305,000 Annual Appropriation?:Yes Date Incurred:06/02/2017 FY of Last Payment:2045 DT Security Cameras Debt/Obligation Type:Internal Loans Principal:273,802 Interest:0 Total:273,802 Annual Appropriation?:Yes Date Incurred:06/02/2017 FY of Last Payment:2045 Central Ave Corridor Debt/Obligation Type:Internal Loans Principal:247,097 Interest:0 Total:247,097 Annual Appropriation?:Yes Date Incurred:06/02/2017 FY of Last Payment:2045 Downtown Urban Renewal ADA Debt/Obligation Type:Internal Loans Principal:5,000 Interest:0 Total:5,000 Annual Appropriation?:Yes Date Incurred:06/02/2017 FY of Last Payment:2045 Riverfront Leasehold Improv Debt/Obligation Type:Internal Loans Principal:65,068 Interest:0 Total:65,068 Annual Appropriation?:Yes Date Incurred:06/02/2017 FY of Last Payment:2045 Legal Expenses Debt/Obligation Type:Internal Loans Principal:157,391 Interest:0 Total:157,391 Annual Appropriation?:Yes Date Incurred:06/05/2017 FY of Last Payment:2045 Spahn and Rose Debt/Obligation Type:Rebates Principal:381,259 Interest:0 Total:381,259 Annual Appropriation?:No Date Incurred:07/01/2017 FY of Last Payment:2027 Downtown Street Lights Debt/Obligation Type:Internal Loans Principal:186,826 Interest:0 Total:186,826 Annual Appropriation?:No Date Incurred:07/01/2017 FY of Last Payment:2045 Demo of 3000 Jackson-Dbq Malt Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:07/01/2017 FY of Last Payment:2045 Various Downtown Projects Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:07/01/2017 FY of Last Payment:2045 2017B Central Ave Ramp Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:856,150 Interest:291,300 Total:1,147,450 Annual Appropriation?:No Date Incurred:07/01/2019 FY of Last Payment:2029 DT Bulding Facades Debt/Obligation Type:Internal Loans Principal:70,403 Interest:0 Total:70,403 Annual Appropriation?:Yes Date Incurred:07/01/2000 FY of Last Payment:2045 Smokestack Debt/Obligation Type:Rebates Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2018 FY of Last Payment:2030 Series 2019 A MFC Addition Remodel Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,370,000 Interest:350,850 Total:1,720,850 Annual Appropriation?:No Date Incurred:06/20/2019 FY of Last Payment:2039 Barker Financial Debt/Obligation Type:Rebates Principal:49,786 Interest:0 Total:49,786 Annual Appropriation?:Yes Date Incurred:12/01/2015 FY of Last Payment:2027 2021A (2012H) ADA Restrooms Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:938,492 Interest:88,831 Total:1,027,323 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2032 2021B (2012C) Wash Businesses Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:370,904 Interest:34,206 Total:405,110 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2032 2021B Refunded 2012F Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2022 2021B (2014C) DT Improv Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:4,275,000 Interest:484,800 Total:4,759,800 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2034 2021B Ramp and Docks Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,204,999 Interest:163,900 Total:1,368,899 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2036 2021A (2014B) DT Improv Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:125,000 Interest:14,500 Total:139,500 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2034 2021A (2012B) 7th St Imprv Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:2,329,252 Interest:191,013 Total:2,520,265 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2031 2021A (2012A) Intermodal Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,845,000 Interest:151,700 Total:1,996,700 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2031 2021A Parks Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:535,000 Interest:106,200 Total:641,200 Annual Appropriation?:No Date Incurred:06/02/2021 FY of Last Payment:2041 River Dock Expansion Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 Parking Ramp Emergency Repairs and Deficit Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 Downtown Business Transit Shuttle Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 Comiskey Park Debt/Obligation Type:Internal Loans Principal:162,724 Interest:0 Total:162,724 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 Corridor Alternatives Debt/Obligation Type:Internal Loans Principal:46,335 Interest:0 Total:46,335 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 IFA Trust Match Debt/Obligation Type:Internal Loans Principal:62,583 Interest:0 Total:62,583 Annual Appropriation?:Yes Date Incurred:07/01/2020 FY of Last Payment:2045 210 Jones LLC Debt/Obligation Type:Rebates Principal:174,084 Interest:0 Total:174,084 Annual Appropriation?:Yes Date Incurred:06/19/2017 FY of Last Payment:2030 Marquette Hall Debt/Obligation Type:Rebates Principal:62,860 Interest:0 Total:62,860 Annual Appropriation?:Yes Date Incurred:05/20/2019 FY of Last Payment:2031 898 Jackson Three Amigos Debt/Obligation Type:Rebates Principal:85,670 Interest:0 Total:85,670 Annual Appropriation?:Yes Date Incurred:04/15/2019 FY of Last Payment:2031 Victory Cafe Debt/Obligation Type:Rebates Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:06/21/2010 FY of Last Payment:2022 ERP Financial System Debt/Obligation Type:Internal Loans Principal:58,351 Interest:0 Total:58,351 Annual Appropriation?:No Date Incurred:06/16/2022 FY of Last Payment:2025 Municipal Parking Lots Debt/Obligation Type:Internal Loans Principal:23,682 Interest:0 Total:23,682 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 Parking Ramp OCC Certified Debt/Obligation Type:Internal Loans Principal:30,413 Interest:0 Total:30,413 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 Washington Business Incentives Debt/Obligation Type:Internal Loans Principal:251,043 Interest:0 Total:251,043 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 Non-Profit Weatherization Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 South Port Redevelopment Debt/Obligation Type:Internal Loans Principal:2,423 Interest:0 Total:2,423 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 SMART Parking System Debt/Obligation Type:Internal Loans Principal:495,120 Interest:0 Total:495,120 Annual Appropriation?:No Date Incurred:08/02/2022 FY of Last Payment:2030 2022B Downtown Ramp Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:975,000 Interest:454,613 Total:1,429,613 Annual Appropriation?:No Date Incurred:06/29/2022 FY of Last Payment:2042 2022B Five Flags and Dock Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:745,000 Interest:347,167 Total:1,092,167 Annual Appropriation?:No Date Incurred:06/29/2022 FY of Last Payment:2042 True North Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:No Date Incurred:06/01/2018 FY of Last Payment:2045 Grand River Center Debt/Obligation Type:Internal Loans Principal:91,195 Interest:0 Total:91,195 Annual Appropriation?:No Date Incurred:06/01/2020 FY of Last Payment:2045 Prairie Farms Debt/Obligation Type:Rebates Principal:113,955 Interest:0 Total:113,955 Annual Appropriation?:Yes Date Incurred:03/18/2019 FY of Last Payment:2031 Dupaco Credit Union Debt/Obligation Type:Rebates Principal:3,311,663 Interest:0 Total:3,311,663 Annual Appropriation?:Yes Date Incurred:07/01/2024 FY of Last Payment:2034 Miller Companies LLC Debt/Obligation Type:Rebates Principal:234,446 Interest:0 Total:234,446 Annual Appropriation?:Yes Date Incurred:07/01/2024 FY of Last Payment:2034 2023A Five Flags and Ramps Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:1,080,000 Interest:580,127 Total:1,660,127 Annual Appropriation?:No Date Incurred:08/01/2023 FY of Last Payment:2043 Jackson Park Amenities Debt/Obligation Type:Internal Loans Principal:22,743 Interest:0 Total:22,743 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 14th St Overpass Debt/Obligation Type:Internal Loans Principal:100,000 Interest:0 Total:100,000 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Blum Site Utilization Debt/Obligation Type:Internal Loans Principal:2,764 Interest:0 Total:2,764 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Millwork Master Planning Debt/Obligation Type:Internal Loans Principal:50,000 Interest:0 Total:50,000 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Green House Gas Debt/Obligation Type:Internal Loans Principal:22,500 Interest:0 Total:22,500 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Major Parking Ramp Maint Debt/Obligation Type:Internal Loans Principal:495,336 Interest:0 Total:495,336 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Public Electric Chargers Debt/Obligation Type:Internal Loans Principal:15,024 Interest:0 Total:15,024 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Multicultural Family Center Renovation Debt/Obligation Type:Internal Loans Principal:3,960 Interest:0 Total:3,960 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Small Business Grant Admin Debt/Obligation Type:Internal Loans Principal:12,000 Interest:0 Total:12,000 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Downtown Incentives Debt/Obligation Type:Internal Loans Principal:40,000 Interest:0 Total:40,000 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2045 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL TIF Expenditure Amount:0 2007B - Port of Dubuque Ramp Port of Dubuque Parking Ramp TIF Expenditure Amount:50,000 Bowling & Beyond Acquisition Bowling and Beyond Acquisition TIF Expenditure Amount:0 2017B Central Ave Ramp Central Parking Ramp TIF Expenditure Amount:176,856 Central Ave Corridor Central Ave. Corridor Initiative TIF Expenditure Amount:65,069 Riverfront Leasehold Improv Riverfront Leasehold Improvements TIF Expenditure Amount:0 Downtown Business Transit Shuttle Downtown Shuttle Service TIF Expenditure Amount:62,583 IFA Trust Match Downtown Housing Incentives TIF Expenditure Amount:0 Legal Expenses Legal Fees TIF Expenditure Amount:197,250 2017B Refunding Millwork Dist Parking Millwork Street Reconstruction TIF Expenditure Amount:206,805 2017C Refunding DT Housing Incentive Downtown Housing Incentives TIF Expenditure Amount:116,100 Series 2019 A MFC Addition Remodel Kephart's Building TIF Expenditure Amount:0 Comiskey Park Comiskey Park TIF Expenditure Amount:0 ERP Financial System ERP System Implementation TIF Expenditure Amount:30,413 Parking Ramp OCC Certified Parking Ramp OCC Certification ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: TIF Expenditure Amount:0 Washington Business Incentives Washington Neighborhood Subarea Rehab Loan Pool TIF Expenditure Amount:0 Non-Profit Weatherization Downtown Weatherization Non- Profits TIF Expenditure Amount:278 South Port Redevelopment South Port Redevelopment TIF Expenditure Amount:0 SMART Parking System SMART Parking System TIF Expenditure Amount:125,628 2021A (2012H) ADA Restrooms ADA Restrooms/Multicultural Family Center TIF Expenditure Amount:12,500 2021A (2014B) DT Improv Transit Roof/Loan pool/ADA Assistance TIF Expenditure Amount:354,432 2021A (2012B) 7th St Imprv 7th Street Improvements and One- Way to Two-Way TIF Expenditure Amount:10,700 2021A Parks Jackson Park and Clock Tower TIF Expenditure Amount:475,500 2021B (2014C) DT Improv White and Central street resurfacing TIF Expenditure Amount:50,586 2021B (2012C) Wash Businesses Washington Neighborhood Subarea Rehab Loan Pool TIF Expenditure Amount:114,100 2021B Ramp and Docks River Dock Expansion TIF Expenditure Amount:0 2021A (2012A) Intermodal Intermodal Facility TIF Expenditure Amount:0 DT Bulding Facades Downtown rehabilitation loans TIF Expenditure Amount:81,452 2022B Downtown Ramp Downtown Ramp TIF Expenditure Amount:61,667 2022B Five Flags and Dock River Dock Expansion Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: TIF Expenditure Amount:6,235 Grand River Center Grand River Center TIF Expenditure Amount:86,683 2023A Five Flags and Ramps Five Flags Renovations TIF Expenditure Amount:0 Corridor Alternatives East West Corridor Capacity TIF Expenditure Amount:0 Jackson Park Amenities Jackson Park and Clock Tower TIF Expenditure Amount:0 14th St Overpass 14th Street Overpass TIF Expenditure Amount:1,595 Blum Site Utilization Blum Site Utilization TIF Expenditure Amount:0 Millwork Master Planning Millwork Master Planning TIF Expenditure Amount:110,403 Downtown Incentives Downtown Housing Incentives TIF Expenditure Amount:17,543 Historic Federal Building Renovation Historic Federal Building TIF Expenditure Amount:5,000 Downtown Urban Renewal ADA ADA grants TIF Expenditure Amount:86,097 Downtown Street Lights Street light replacement TIF Expenditure Amount:23,682 Municipal Parking Lots Municipal Parking Lots TIF Expenditure Amount:495,336 Major Parking Ramp Maint Parking Ramp Emergency Repairs and Deficit TIF Expenditure Amount:15,023 Public Electric Chargers Public Electric Chargers TIF Expenditure Amount:3,960 Multicultural Family Center Renovation Kephart's Building TIF Expenditure Amount:12,000 Small Business Grant Admin Small Business Grant Admin Tied To Debt: Tied To Project: TIF Expenditure Amount:15 Green House Gas Downtown Weatherization Non- Profits Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL Hotel Julien TIF Expenditure Amount:264,132 HJD Landlord LLC Julien Hotel Rebate Hotel Julien 2026 Roshek Building TIF Expenditure Amount:491,279 Roshek Property LLC Roshek Building Rebate Roshek Building 2030 Barker Financial TIF Expenditure Amount:16,595 Barker Financial Roshek Building Rebate Crust 2024 Betty Jane Block TIF Expenditure Amount:9,000 Fischer Company/Plastic Center Bonson Block Betty Jane Block 2028 Spahn and Rose TIF Expenditure Amount:127,086 Spahn and Rose Spahn and Rose Spahn and Rose lease 2027 Nottingham Properties TIF Expenditure Amount:0 Nottingham Properties Nottingham Properties Nottingham properties 2028 Franklin School TIF Expenditure Amount:20,295 Franklin Investments LLC Franklin Investments Franklin School 2028 Caradco ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: TIF Expenditure Amount:128,044 Caradco Landlord LLC Caradco CARADCO 2028 Flexsteel TIF Expenditure Amount:0 Flexsteel Industries Flexsteel Flexsteel 2024 Bonson TIF Expenditure Amount:9,377 JHTD Plaza LLC Bonson Block Bonson Block 2029 Linseed Oil-Betty Building TIF Expenditure Amount:16,474 Carmac Management Linseed Oil Linseed Oil Paintworks Company Building 2025 Rousselot TIF Expenditure Amount:14,985 Rousselot Rousselot Rousselot 2025 Novelty Iron Works TIF Expenditure Amount:196,714 Novelty Iron Works Novelty Iron Works Novelty Ironworks 2031 253 Main Oberbroeckling TIF Expenditure Amount:2,951 Oberbroeckling 253 Main St-Oberbroeckkling 253 Main St 2027 210 Jones TIF Expenditure Amount:24,869 210 Jones LLC 210 Jones LLC 210 Jones LLC 2031 Marquette Hall Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: TIF Expenditure Amount:8,980 Marquette Hall LLC Marquette Hall Marquette Hall 2031 898 Jackson TIF Expenditure Amount:12,239 Three Amigos 898 Jackson Three Amigos Three Amigos 2031 Met X LLC TIF Expenditure Amount:174,430 Met X LLC METX, LLC - Lamar building Metx, LLC 2031 Prairie Farms TIF Expenditure Amount:16,279 Prairie Farms Prairie Farms Prairie Farms Dairy, Inc. 2031 Dupaco Community Credit Union TIF Expenditure Amount:244,870 Dupaco Community Credit Union Dupaco Credit Union Dupaco Voices, LLC 2034 Miller Companies LLC TIF Expenditure Amount:0 Miller Companies LLC Miller Companies LLC 799 Main, LLC 2034 44 Main Street LLC TIF Expenditure Amount:78,149 44 Main Street LLC Miller Companies LLC 44 Main 2031 Jobs For DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL Project:Jeld Wen Company Name:Jeld-Wen, Inc. Date Agreement Began:08/01/2011 Date Agreement Ends:09/01/2016 Number of Jobs Created or Retained:0 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:150,000 Total Estimated Cost of Public Infrastructure:0 Project:Flexsteel Company Name:Flexsteel Industries, Inc Date Agreement Began:04/18/2011 Date Agreement Ends:05/02/2024 Number of Jobs Created or Retained:97 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:9,331,662 Total Estimated Cost of Public Infrastructure:0 Project:WS Live Company Name: Interstate Building, LLLP and WS Live, LLC Date Agreement Began:11/03/2008 Date Agreement Ends:06/01/2017 Number of Jobs Created or Retained:110 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:2,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Hotel Julien Company Name: HJD Landlord, LLC and HJD Manager, LLC Date Agreement Began:04/21/2008 Date Agreement Ends:05/01/2026 Number of Jobs Created or Retained:87 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:30,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Cottingham and Butler Company Name:Cottingham & Bulter, Inc. Date Agreement Began:07/20/2007 Date Agreement Ends:05/01/2019 Number of Jobs Created or Retained:706 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:4,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Heartland Financial Company Name:Heartland Financial USA, Inc. Date Agreement Began:05/19/2003 Date Agreement Ends:06/01/2016 Number of Jobs Created or Retained:438 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:4,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Hartig Company Name:Hartig Realty IV LC Date Agreement Began:09/21/2006 Date Agreement Ends:05/01/2019 Number of Jobs Created or Retained:41 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:735,000 Total Estimated Cost of Public Infrastructure:0 Project:Roshek Building Company Name: International Business Machines Corporation Date Agreement Began:02/13/2009 Date Agreement Ends:05/02/2030 Number of Jobs Created or Retained:355 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:40,000,000 Total Estimated Cost of Public Infrastructure:0 Project:McGraw Hill II Company Name:McGraw Hill Date Agreement Began:06/19/2006 Date Agreement Ends:05/02/2018 Number of Jobs Created or Retained:324 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:18,438,867 Total Estimated Cost of Public Infrastructure:0 Project:Morrison Brothers Company Name:Morrison Bros. Company Date Agreement Began:10/06/2008 Date Agreement Ends:05/01/2018 Number of Jobs Created or Retained:94 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:3,825,000 Total Estimated Cost of Public Infrastructure:0 Project:756 Main Company Name:Vicotry Cafe Date Agreement Began:05/19/2003 Date Agreement Ends:05/19/2023 Number of Jobs Created or Retained:0 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:24,000,000 Total Estimated Cost of Public Infrastructure:0 Project:Rousselot Company Name:Rousselot, Inc. Date Agreement Began:01/22/2013 Date Agreement Ends:05/01/2025 Number of Jobs Created or Retained:89 Total Annual Wages of Required Jobs:0 Total Estimated Private Capital Investment:16,300,000 Total Estimated Cost of Public Infrastructure:0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 1 INCREM TIF Taxing District Inc. Number: 310070 TIF Taxing District Base Year: 1966 FY TIF Revenue First Received: 1984 Subject to a Statutory end date? No UR Designation Slum 05/1967 Blighted 05/1967 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 583,015 64,975,485 0 0 0 65,558,500 0 65,558,500 Taxable 0 270,186 56,563,571 0 0 0 56,833,757 0 56,833,757 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 6,036,891 56,833,757 56,833,757 0 0 FY 2025 TIF Revenue Received: 11,046,417 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 2 INCREM TIF Taxing District Inc. Number: 310072 TIF Taxing District Base Year: 1993 FY TIF Revenue First Received: 1995 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 05/1998 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 6,819,812 33,189,961 0 0 0 40,009,773 0 40,009,773 Taxable 0 3,160,493 26,664,987 0 0 0 29,825,480 0 29,825,480 Homestead Credits 1 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 4,499,150 29,825,480 29,825,480 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 3 INCREM TIF Taxing District Inc. Number: 310074 TIF Taxing District Base Year: 1996 FY TIF Revenue First Received: 1998 Subject to a Statutory end date? No UR Designation Slum 12/1989 Blighted 12/1989 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 517,500 0 0 0 517,500 0 517,500 Taxable 0 0 393,890 0 0 0 393,890 0 393,890 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 163,810 353,690 353,690 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 4 INCREM TIF Taxing District Inc. Number: 310076 TIF Taxing District Base Year: 1997 FY TIF Revenue First Received: 1999 Subject to a Statutory end date? No UR Designation Slum 05/1998 Blighted 05/1988 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 898,320 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 7 INCREM TIF Taxing District Inc. Number: 310083 TIF Taxing District Base Year: 1988 FY TIF Revenue First Received: 1990 Subject to a Statutory end date? No UR Designation Slum 05/1987 Blighted 05/1987 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 3,036,620 880 0 0 3,037,500 0 3,037,500 Taxable 0 0 2,665,527 408 0 0 2,665,935 0 2,665,935 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 443,660 2,593,840 2,593,840 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 35 INCREM TIF Taxing District Inc. Number: 310180 TIF Taxing District Base Year: 1997 FY TIF Revenue First Received: 1999 Subject to a Statutory end date? No UR Designation Slum 05/1998 Blighted 05/1998 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 104,941,694 0 0 0 104,941,694 0 104,941,694 Taxable 0 0 93,938,505 0 0 0 93,938,505 0 93,938,505 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 2,566,000 93,938,505 93,938,505 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 37 INCREMENT TIF Taxing District Inc. Number: 310186 TIF Taxing District Base Year: 2002 FY TIF Revenue First Received: 2005 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2024 UR Designation Slum No Blighted No Economic Development 12/2003 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 9,295,500 0 0 0 9,295,500 0 9,295,500 Taxable 0 0 8,213,237 0 0 0 8,213,237 0 8,213,237 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 7,681,960 1,613,540 1,613,540 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 38 INCREMENT TIF Taxing District Inc. Number: 310188 TIF Taxing District Base Year: 2002 FY TIF Revenue First Received: 2004 Subject to a Statutory end date? No UR Designation Slum 05/2003 Blighted 05/2003 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 10,458,056 20,721,174 0 0 -4,000 31,175,230 0 31,175,230 Taxable 0 4,846,554 15,767,653 0 0 -4,000 20,610,207 0 20,610,207 Homestead Credits 9 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 11,731,860 19,447,370 19,447,370 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 53 INCREMENT TIF Taxing District Inc. Number: 310296 TIF Taxing District Base Year: 2006 FY TIF Revenue First Received: 2008 Subject to a Statutory end date? No UR Designation Slum 05/2007 Blighted 05/2007 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 3,387,212 0 0 0 3,387,212 0 3,387,212 Taxable 0 0 2,917,519 0 0 0 2,917,519 0 2,917,519 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 2,917,519 2,917,519 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR55 INCREMENT TIF Taxing District Inc. Number: 310328 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: 2009 Subject to a Statutory end date? No UR Designation Slum 05/2008 Blighted 05/2008 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 20,871,443 47,957,097 184,500 0 0 69,013,040 0 69,013,040 Taxable 0 9,672,413 39,433,218 95,937 0 0 49,201,568 0 49,201,568 Homestead Credits 4 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 15,042,850 49,201,568 49,201,568 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR56 INCREMENT TIF Taxing District Inc. Number: 310330 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: 2009 Subject to a Statutory end date? No UR Designation Slum 05/2008 Blighted 05/2008 Economic Development 05/2008 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 4,012,076 3,636,824 0 0 0 7,648,900 0 7,648,900 Taxable 0 1,859,309 3,011,198 0 0 0 4,870,507 0 4,870,507 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,787,500 4,870,507 4,870,507 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR57 INCREMENT TIF Taxing District Inc. Number: 310332 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: 2009 Subject to a Statutory end date? No UR Designation Slum 05/2008 Blighted 05/2008 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 3,339,100 0 0 0 3,339,100 0 3,339,100 Taxable 0 0 2,325,366 0 0 0 2,325,366 0 2,325,366 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 2,151,700 1,187,400 1,187,400 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR58 INCREMENT TIF Taxing District Inc. Number: 310334 TIF Taxing District Base Year: 2007 FY TIF Revenue First Received: 2011 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2029 UR Designation Slum No Blighted No Economic Development 07/2009 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 493,900 2,960,400 0 0 3,454,300 0 3,454,300 Taxable 0 0 313,537 2,402,420 0 0 2,715,957 0 2,715,957 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 3,005,500 448,800 448,800 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 62 INCREMENT TIF Taxing District Inc. Number: 310354 TIF Taxing District Base Year: 2009 FY TIF Revenue First Received: 2012 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2031 UR Designation Slum No Blighted No Economic Development 10/2010 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 12,916,216 6,129,184 0 0 0 19,035,650 0 19,035,650 Taxable 0 5,985,733 3,510,885 0 0 0 9,486,868 0 9,486,868 Homestead Credits 4 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 10,477,860 8,557,790 8,567,540 -9,750 -266 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 63 INCREMENT TIF Taxing District Inc. Number: 310356 TIF Taxing District Base Year: 2009 FY TIF Revenue First Received: 2012 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2031 UR Designation Slum No Blighted No Economic Development 10/2010 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 7,508,198 1,856,937 1,184,600 0 0 10,549,735 0 10,549,735 Taxable 0 3,479,511 1,135,132 1,000,655 0 0 5,615,298 0 5,615,298 Homestead Credits 5 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 7,808,034 2,741,701 2,741,701 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 69 INCREMENT TIF Taxing District Inc. Number: 310376 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2013 Subject to a Statutory end date? No UR Designation Slum 03/2011 Blighted 03/2011 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 3,443,800 395,200 0 0 -8,000 3,827,750 0 3,827,750 Taxable 0 1,595,954 224,708 0 0 -8,000 1,809,412 0 1,809,412 Homestead Credits 2 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 996,580 1,809,412 1,809,412 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 70 INCREMENT TIF Taxing District Inc. Number: 310378 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2013 Subject to a Statutory end date? No UR Designation Slum 05/2011 Blighted 05/2011 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 13,142,830 0 0 13,142,830 0 13,142,830 Taxable 0 0 0 11,697,577 0 0 11,697,577 0 11,697,577 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 339,860 11,697,577 11,697,577 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 71 INCREMENT TIF Taxing District Inc. Number: 310380 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2013 Subject to a Statutory end date? No UR Designation Slum 05/2011 Blighted 05/2011 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 93,520,686 45,125,214 690,920 0 -180,000 139,023,570 0 139,023,570 Taxable 0 43,340,071 33,180,418 490,855 0 -180,000 76,698,094 0 76,698,094 Homestead Credits 330 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 88,304,030 50,899,540 51,032,790 -133,250 -3,638 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 72 INCREMENT TIF Taxing District Inc. Number: 310382 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2015 Subject to a Statutory end date? No UR Designation Slum 05/2011 Blighted 05/2011 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 1,439,450 31,859,992 10,601,270 705,130 0 44,599,342 0 44,599,342 Taxable 0 667,078 26,455,834 9,148,230 569,131 0 36,833,773 0 36,833,773 Homestead Credits 5 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 28,389,880 16,209,462 16,215,962 -6,500 -177 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 73 INCREMENT TIF Taxing District Inc. Number: 310384 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2013 Subject to a Statutory end date? No UR Designation Slum 05/2011 Blighted 05/2011 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 3,149,700 0 0 3,149,700 0 3,149,700 Taxable 0 0 0 2,769,245 0 0 2,769,245 0 2,769,245 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 696,430 2,453,270 2,453,270 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 74 INCREMENT TIF Taxing District Inc. Number: 310386 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2015 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 06/2013 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 10,014,293 0 0 0 10,014,293 0 10,014,293 Taxable 0 0 8,750,920 0 0 0 8,750,920 0 8,750,920 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 11,628,500 0 0 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 91 INCREMENT TIF Taxing District Inc. Number: 310468 TIF Taxing District Base Year: 2011 FY TIF Revenue First Received: 2014 Subject to a Statutory end date? No UR Designation Slum 10/2012 Blighted 10/2012 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 22,445,600 15,526,030 0 0 37,971,630 0 37,971,630 Taxable 0 0 18,644,621 13,318,573 0 0 31,963,194 0 31,963,194 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 32,120,750 5,850,880 5,850,880 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 93 INCREMENT TIF Taxing District Inc. Number: 310480 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2015 Subject to a Statutory end date? No UR Designation Slum 06/2013 Blighted 06/2013 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 7,379,300 0 0 0 7,379,300 0 7,379,300 Taxable 0 0 6,474,424 0 0 0 6,474,424 0 6,474,424 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,333,170 6,046,130 6,046,130 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 99 INCREMENT TIF Taxing District Inc. Number: 310494 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? No UR Designation Slum 06/2014 Blighted 06/2014 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 834,200 0 0 0 0 834,200 0 834,200 Taxable 0 386,591 0 0 0 0 386,591 0 386,591 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 274,158 386,591 386,591 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 100 INCREMENT TIF Taxing District Inc. Number: 310496 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? No UR Designation Slum 06/2014 Blighted 06/2014 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 3,554,200 0 0 0 -16,000 3,531,700 0 3,531,700 Taxable 0 1,647,116 0 0 0 -16,000 1,624,616 0 1,624,616 Homestead Credits 14 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 2,600,623 947,077 953,577 -6,500 -177 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 112 INCREMENT TIF Taxing District Inc. Number: 310530 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2018 Subject to a Statutory end date? No UR Designation Slum 11/2016 Blighted 11/2016 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 62,351,508 2,544,492 1,301,400 0 -184,000 65,844,400 0 65,844,400 Taxable 0 28,895,400 1,426,714 1,087,394 0 -184,000 31,056,508 0 31,056,508 Homestead Credits 286 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 44,166,052 21,862,348 22,031,348 -169,000 -4,614 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 113 INCREMENT TIF Taxing District Inc. Number: 310532 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2018 Subject to a Statutory end date? No UR Designation Slum 11/2016 Blighted 11/2016 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 2,112,400 298,000 0 0 -4,000 2,406,400 0 2,406,400 Taxable 0 978,943 202,321 0 0 -4,000 1,177,264 0 1,177,264 Homestead Credits 5 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,997,674 412,726 412,726 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 114 INCREMENT TIF Taxing District Inc. Number: 310534 TIF Taxing District Base Year: 2015 FY TIF Revenue First Received: 2018 Subject to a Statutory end date? No UR Designation Slum 11/2016 Blighted 11/2016 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 8,457,100 946,200 0 0 -12,000 9,371,800 0 9,371,800 Taxable 0 3,919,254 630,500 0 0 -12,000 4,518,254 0 4,518,254 Homestead Credits 31 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 6,271,611 3,112,189 3,131,689 -19,500 -532 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 116 INCREMENT TIF Taxing District Inc. Number: 310544 TIF Taxing District Base Year: 2016 FY TIF Revenue First Received: 2019 Subject to a Statutory end date? No UR Designation Slum 03/2017 Blighted 03/2017 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 245,820 0 0 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 121 INCREMENT TIF Taxing District Inc. Number: 310568 TIF Taxing District Base Year: 2016 FY TIF Revenue First Received: 2019 Subject to a Statutory end date? No UR Designation Slum 06/2017 Blighted 06/2017 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 16,975,947 93,853 0 0 -36,000 16,978,550 0 16,978,550 Taxable 0 7,867,125 43,494 0 0 -36,000 7,819,369 0 7,819,369 Homestead Credits 72 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 11,039,443 5,975,107 6,030,357 -55,250 -1,508 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 141 INCREMENT TIF Taxing District Inc. Number: 310636 TIF Taxing District Base Year: 2019 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2041 UR Designation Slum No Blighted No Economic Development 11/2020 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 87,000 0 0 0 87,000 0 87,000 Taxable 0 0 40,318 0 0 0 40,318 0 40,318 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 73,160 13,840 13,840 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 145 INCREMENT TIF Taxing District Inc. Number: 310644 TIF Taxing District Base Year: 2019 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? No UR Designation Slum 05/2020 Blighted 05/2020 Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY GREATER DOWNTOWN URBAN RENEWAL (31033) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 157 ROOSEVELT STREET INCREMENT TIF Taxing District Inc. Number: 310684 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: 2024 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2041 UR Designation Slum No Blighted No Economic Development 02/2022 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 356,300 6,485,100 0 0 6,841,400 0 6,841,400 Taxable 0 0 255,184 5,771,105 0 0 6,026,289 0 6,026,289 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 3,333,920 3,507,480 3,507,480 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY LAKE RIDGE URBAN RENEWAL UR Area Number: 31046 UR Area Creation Date: 08/2011 UR Area Purpose: To Support the development of affordable, assisted senior living within the District through public actions such as the improvement of public infrastructure, use of tax increment financing and other financial incentives. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 76 INCREMENT 310389 310390 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 546 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 546 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY LAKE RIDGE URBAN RENEWAL Rose of Dubuque Description:Rebate agreement with the Rose of Dubuque, L.P. Classification:Low and Moderate Income Housing Physically Complete:Yes Payments Complete:Yes ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For DUBUQUE CITY LAKE RIDGE URBAN RENEWAL The Rose Rebate Debt/Obligation Type:Rebates Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:06/01/2013 FY of Last Payment:2024 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY LAKE RIDGE URBAN RENEWAL The Rose of Dubuque TIF Expenditure Amount:0 The Rose of Dubuque The Rose Rebate Rose of Dubuque 2024 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY LAKE RIDGE URBAN RENEWAL (31046) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 76 INCREMENT TIF Taxing District Inc. Number: 310390 TIF Taxing District Base Year: 2010 FY TIF Revenue First Received: 2015 Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development 08/2011 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 335,000 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL UR Area Number: 31047 UR Area Creation Date: 12/2014 UR Area Purpose: The primary objective for the North Cascade Road Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 103 INCREMENT 310501 310502 53,433,797 DUBUQUE CITY AG/DBQ COMM SCH/UR 103 INCREMENT 310503 310504 0 TABLE MOUND TWP/DBQ COMM SCH/UR 103 INCREMENT 310505 310506 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 121,425,750 0 0 0 -20,000 121,344,000 0 121,344,000 Taxable 0 56,272,098 0 0 0 -20,000 56,190,348 0 56,190,348 Homestead Credits 116 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 1,460,207 36,815 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 1,458,695 TIF Sp. Revenue Fund Interest: 22,680 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 1,481,375 Rebate Expenditures: 0 Non-Rebate Expenditures: 15,917 Returned to County Treasurer: 0 Total Expenditures: 15,917 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 2,925,665 20,898 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL Stormwater and Fiber Conduit Description:Developer Improvements to Timber Hyrst Subdivision Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:Yes LMI Description: Acquisition and Resale of properties for low and moderate income eligible participants Classification:Low and Moderate Income Housing Physically Complete:No Payments Complete:No Enhanced Neighborhood Park Description:Playground Equipment for TimberHyrst Subdivision Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:No TimberHyrst Description:Rebate associated with residential housing Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:Yes Payments Complete:Yes Sanitary Extension Description:Extension of Sanitary to subdivision Classification:Residential property (classified residential) Physically Complete:No Payments Complete:No English Ridge Pump Station Description:Purchase/Extension of water services Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:No Central Iowa Water Assoc-CIWA Description:Purchase/Extension of water services Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:No North Cascade Road Reconstruction Description:Reconstruction of road Classification:Roads, Bridges & Utilities Physically Complete:Yes ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Payments Complete:No Old Mill Lift Station and Force Main Project Description:Construction of water infrastructure to serve the area Classification:Roads, Bridges & Utilities Physically Complete:No Payments Complete:No Debts/Obligations For DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL Outstanding LMI Housing Obligations Debt/Obligation Type: Outstanding LMI Housing Obligations Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:04/01/2015 FY of Last Payment:2045 North Cascade Road Reconstruction Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:06/02/2021 FY of Last Payment:2045 CIWA/English Pump Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:06/01/2018 FY of Last Payment:2022 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL TIF Expenditure Amount:15,917 Outstanding LMI Housing Obligations LMI TIF Expenditure Amount:0 North Cascade Road Reconstruction Central Iowa Water Assoc-CIWA ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Income Housing For DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL Amount of FY 2025 expenditures that provide or aid in the provision of public improvements related to housing and residential development:0 Lots for low and moderate income housing:0 Construction of low and moderate income housing:0 Grants, credits or other direct assistance to low and moderate income families:0 Payments to a low and moderate income housing fund established by the municipality, including matching funds for any state or federal moneys used for such purposes:0 Other low and moderate income housing assistance:15,917 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL (31047) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 103 INCREMENT TIF Taxing District Inc. Number: 310502 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2026 UR Designation Slum No Blighted No Economic Development 12/2014 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 121,425,750 0 0 0 -20,000 121,344,000 0 121,344,000 Taxable 0 56,272,098 0 0 0 -20,000 56,190,348 0 56,190,348 Homestead Credits 116 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 15,837,960 56,190,348 53,433,797 2,756,551 75,251 FY 2025 TIF Revenue Received: 1,458,695 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL (31047) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 103 INCREMENT TIF Taxing District Inc. Number: 310504 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2026 UR Designation Slum No Blighted No Economic Development 05/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 313,628 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY NORTH CASCADE ROAD URBAN RENEWAL (31047) TIF Taxing District Name: TABLE MOUND TWP/DBQ COMM SCH/UR 103 INCREMENT TIF Taxing District Inc. Number: 310506 TIF Taxing District Base Year: 2013 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2026 UR Designation Slum No Blighted No Economic Development 12/2014 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 2,232,917 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL UR Area Number: 31048 UR Area Creation Date: 11/2015 UR Area Purpose: The primary objective for the English Ridge Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 106 INCREMENT 310513 310514 21,749,633 DUBUQUE CITY AG/DBQ COMM SCH/UR 106 INCREMENT 310515 310516 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 50,800 47,077,500 22,035 0 0 -36,000 47,068,835 0 47,068,835 Taxable 36,493 21,817,029 14,104 0 0 -36,000 21,786,126 0 21,786,126 Homestead Credits 101 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 749,070 628,226 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 593,835 TIF Sp. Revenue Fund Interest: 8,271 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 602,106 Rebate Expenditures: 0 Non-Rebate Expenditures: 147,964 Returned to County Treasurer: 0 Total Expenditures: 147,964 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 1,203,212 480,262 Amount of 06-30-2025 Cash Balance Restricted for LMI ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL English Mill Park Description:Playground Equipment for English Mill Subdivision Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:No Payments Complete:No Fiber Conduit & Vaults Description:Run Fiber Conduit and Vaults Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Westside Water Improv Description:Improvememts to water system Classification:Water treatment plants, waste treatment plants & lagoons Physically Complete:Yes Payments Complete:No LMI Description:LMI Projects Classification:Low and Moderate Income Housing Physically Complete:No Payments Complete:No Central Iowa Water Assoc-CIWA Description:Purchase of Water System to extend Water Services Classification:Water treatment plants, waste treatment plants & lagoons Physically Complete:Yes Payments Complete:No English Ridge Improvemements Description:Improvements to English Ridge Water System Classification:Water treatment plants, waste treatment plants & lagoons Physically Complete:Yes Payments Complete:No English Ridge Pump Station Description:Improvements to English Ridge Pump Station Classification:Water treatment plants, waste treatment plants & lagoons Physically Complete:Yes Payments Complete:No ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL LMI Obligation Debt/Obligation Type: Outstanding LMI Housing Obligations Principal:628,226 Interest:0 Total:628,226 Annual Appropriation?:Yes Date Incurred:07/01/2017 FY of Last Payment:2027 CIWA Debt/Obligation Type:Other Debt Principal:16,568 Interest:0 Total:16,568 Annual Appropriation?:Yes Date Incurred:12/22/2016 FY of Last Payment:2026 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL TIF Expenditure Amount:147,964 LMI Obligation LMI TIF Expenditure Amount:0 CIWA Central Iowa Water Assoc-CIWA ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL English Ridge LLC TIF Expenditure Amount:0 English Ridge LLC LMI Obligation Fiber Conduit & Vaults 2025 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Income Housing For DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL Amount of FY 2025 expenditures that provide or aid in the provision of public improvements related to housing and residential development:0 Lots for low and moderate income housing:0 Construction of low and moderate income housing:147,964 Grants, credits or other direct assistance to low and moderate income families:0 Payments to a low and moderate income housing fund established by the municipality, including matching funds for any state or federal moneys used for such purposes:0 Other low and moderate income housing assistance:0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL (31048) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 106 INCREMENT TIF Taxing District Inc. Number: 310514 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: 2018 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2028 UR Designation Slum No Blighted No Economic Development 11/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 47,077,500 22,035 0 0 -36,000 47,018,035 0 47,018,035 Taxable 0 21,817,029 14,104 0 0 -36,000 21,749,633 0 21,749,633 Homestead Credits 101 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 15,001,975 21,749,633 21,749,633 0 0 FY 2025 TIF Revenue Received: 593,835 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY ENGLISH RIDGE URBAN RENEWAL (31048) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 106 INCREMENT TIF Taxing District Inc. Number: 310516 TIF Taxing District Base Year: 2014 FY TIF Revenue First Received: 2016 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2026 UR Designation Slum No Blighted No Economic Development 11/2015 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 50,800 0 0 0 0 0 50,800 0 50,800 Taxable 36,493 0 0 0 0 0 36,493 0 36,493 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 76,623 0 0 0 0 FY 2025 TIF Revenue Received: 0 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING UR Area Number: 31050 UR Area Creation Date: 04/2017 UR Area Purpose: The primary objective for the South Pointe Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 117 INCREMENT 310545 310546 12,370,934 DUBUQUE CITY AG/DBQ COMM SCH/UR 117 INCREMENT 310547 310548 0 DUBUQUE TWP/DBQ COMM SCH/UR 117 INCREMENT 310549 310550 0 TABLE MOUND TWP/DBQ COMM SCH/UR 117 INCREMENT 310551 310552 0 VERNON TWP/DBQ COMM SCH/UR 117 INCREMENT 310553 310554 29,570 DUBUQUE CITY/DBQ COMM SCH/UR 120 INCREMENT 310563 310564 6,787 DUBUQUE CITY AG/DBQ COMM SCH/UR 120 INCREMENT 310565 310566 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 152 26,721,833 230,115 0 0 -8,000 26,911,600 0 26,911,600 Taxable 109 12,383,644 137,359 0 0 -8,000 12,480,612 0 12,480,612 Homestead Credits 34 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 319,146 379,853 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 340,267 TIF Sp. Revenue Fund Interest: 5,675 Property Tax Replacement Claims 161 Asset Sales & Loan Repayments: 0 Total Revenue: 346,103 Rebate Expenditures: 12,809 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 12,809 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 652,440 379,853 Amount of 06-30-2025 Cash Balance Restricted for LMI ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY SOUTH POINTE HOUSING CIWA Purchase/Improvements Description:Water System Purchase/Improve Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No South Pointe Admin Expense Description:Legal Expense, etc. Classification:Administrative expenses Physically Complete:Yes Payments Complete:No Developer Subdivision Improvements Description:Developer Fiber Conduits and Vaults Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For DUBUQUE CITY SOUTH POINTE HOUSING Internal Legal Expense Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:06/05/2017 FY of Last Payment:2030 CIWA Purchase/Improvements Debt/Obligation Type:Other Debt Principal:92,483 Interest:0 Total:92,483 Annual Appropriation?:Yes Date Incurred:06/05/2017 FY of Last Payment:2030 LMI TBD Debt/Obligation Type: Outstanding LMI Housing Obligations Principal:379,853 Interest:0 Total:379,853 Annual Appropriation?:Yes Date Incurred:06/05/2017 FY of Last Payment:2030 Developer Improvements Debt/Obligation Type:TIF Revenue Bonds/Notes Principal:47,546 Interest:0 Total:47,546 Annual Appropriation?:Yes Date Incurred:06/05/2017 FY of Last Payment:2030 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY SOUTH POINTE HOUSING TIF Expenditure Amount:0 CIWA Purchase/Improvements CIWA Purchase/Improvements ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY SOUTH POINTE HOUSING South Pointe Developer TIF Expenditure Amount:12,809 Dubuque South Pointe Developer Improvements Developer Subdivision Improvements 2030 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Income Housing For DUBUQUE CITY SOUTH POINTE HOUSING Amount of FY 2025 expenditures that provide or aid in the provision of public improvements related to housing and residential development:0 Lots for low and moderate income housing:0 Construction of low and moderate income housing:0 Grants, credits or other direct assistance to low and moderate income families:0 Payments to a low and moderate income housing fund established by the municipality, including matching funds for any state or federal moneys used for such purposes:0 Other low and moderate income housing assistance:0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 117 INCREMENT TIF Taxing District Inc. Number: 310546 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 26,700,000 81,800 0 0 -8,000 26,741,300 0 26,741,300 Taxable 0 12,373,526 37,908 0 0 -8,000 12,370,934 0 12,370,934 Homestead Credits 34 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,087,259 12,370,934 12,370,934 0 0 FY 2025 TIF Revenue Received: 340,267 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 117 INCREMENT TIF Taxing District Inc. Number: 310548 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 146,529 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: DUBUQUE TWP/DBQ COMM SCH/UR 117 INCREMENT TIF Taxing District Inc. Number: 310550 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: TABLE MOUND TWP/DBQ COMM SCH/UR 117 INCREMENT TIF Taxing District Inc. Number: 310552 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: VERNON TWP/DBQ COMM SCH/UR 117 INCREMENT TIF Taxing District Inc. Number: 310554 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2020 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 133,600 0 0 0 133,600 0 133,600 Taxable 0 0 88,263 0 0 0 88,263 0 88,263 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 104,030 29,570 29,570 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 120 INCREMENT TIF Taxing District Inc. Number: 310564 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 21,833 14,715 0 0 0 36,548 0 36,548 Taxable 0 10,118 11,188 0 0 0 21,306 0 21,306 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 29,756 6,792 6,787 5 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY SOUTH POINTE HOUSING (31050) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 120 INCREMENT TIF Taxing District Inc. Number: 310566 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 03/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 152 0 0 0 0 0 152 0 152 Taxable 109 0 0 0 0 0 109 0 109 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 180 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL UR Area Number: 31051 UR Area Creation Date: 02/2017 UR Area Purpose: The primary objective for the Derby Grange Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 118 INCREMENT 310555 310556 0 DUBUQUE TWP/DBQ COMM SCH/UR 118 INCREMENT 310557 310558 1,760,983 DUBUQUE CITY AG/DBQ COMM SCH/UR 118 INCREMENT 310583 310584 0 DUBUQUE CITY/DBQ COMM SCH/UR 127 INCREMENT 310589 310590 7,703,882 DUBUQUE CITY AG/DBQ COMM SCH/UR 127 INCREMENT 310591 310592 0 DUBUQUE CITY/DBQ COMM SCH/UR 152 DERBY GRANGE (DUE6)310667 310668 3,301,672 DUBUQUE CITY AG/DBQ COMM SCH UR 152 DERBY GRANGE (DUE6A)310669 310670 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 27,737,894 0 0 0 -36,000 27,649,894 0 27,649,894 Taxable 0 12,854,537 0 0 0 -36,000 12,766,537 0 12,766,537 Homestead Credits 44 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 135,519 459,107 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 304,398 TIF Sp. Revenue Fund Interest: 4,550 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 308,948 Rebate Expenditures: 14,915 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 14,915 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 429,552 459,107 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL Timberhyrst Water Main Description:Water Main for Derby Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Internal Expense Description:Legal Expenses Classification:Administrative expenses Physically Complete:No Payments Complete:No Developer Improvements Description:Fiber Conduit and VAults Classification:Residential property (classified residential) Physically Complete:Yes Payments Complete:No ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL Internal Legal Expense Debt/Obligation Type:Internal Loans Principal:0 Interest:0 Total:0 Annual Appropriation?:Yes Date Incurred:07/01/2017 FY of Last Payment:2030 LMI Project TBD Debt/Obligation Type: Outstanding LMI Housing Obligations Principal:459,107 Interest:0 Total:459,107 Annual Appropriation?:Yes Date Incurred:07/01/2018 FY of Last Payment:2045 Series 2014B Timber Ridge Water Debt/Obligation Type:Gen. Obligation Bonds/Notes Principal:398,231 Interest:0 Total:398,231 Annual Appropriation?:Yes Date Incurred:01/24/2017 FY of Last Payment:2034 Internal Water Main Debt/Obligation Type:Internal Loans Principal:374,562 Interest:0 Total:374,562 Annual Appropriation?:Yes Date Incurred:07/01/2016 FY of Last Payment:2030 Developer Improvements Debt/Obligation Type:Internal Loans Principal:69,718 Interest:0 Total:69,718 Annual Appropriation?:No Date Incurred:06/01/2019 FY of Last Payment:2030 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Tied To Debt: Tied To Project: Non-Rebates For DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL TIF Expenditure Amount:0 Internal Water Main Timberhyrst Water Main ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL Derby Grange LLC TIF Expenditure Amount:14,915 Derby Grange LLC Developer Improvements Developer Improvements 2030 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Income Housing For DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL Amount of FY 2025 expenditures that provide or aid in the provision of public improvements related to housing and residential development:0 Lots for low and moderate income housing:0 Construction of low and moderate income housing:0 Grants, credits or other direct assistance to low and moderate income families:0 Payments to a low and moderate income housing fund established by the municipality, including matching funds for any state or federal moneys used for such purposes:0 Other low and moderate income housing assistance:0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 118 INCREMENT TIF Taxing District Inc. Number: 310556 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE TWP/DBQ COMM SCH/UR 118 INCREMENT TIF Taxing District Inc. Number: 310558 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 3,799,900 0 0 0 0 3,799,900 0 3,799,900 Taxable 0 1,760,983 0 0 0 0 1,760,983 0 1,760,983 Homestead Credits 6 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 42,656 1,760,983 1,760,983 0 0 FY 2025 TIF Revenue Received: 304,398 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 118 INCREMENT TIF Taxing District Inc. Number: 310584 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 127 INCREMENT TIF Taxing District Inc. Number: 310590 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 16,756,595 0 0 0 -25,200 16,694,995 0 16,694,995 Taxable 0 7,765,482 0 0 0 -25,200 7,703,882 0 7,703,882 Homestead Credits 38 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 95,454 7,703,882 7,703,882 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH/UR 127 INCREMENT TIF Taxing District Inc. Number: 310592 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 152 DERBY GRANGE (DUE6) TIF Taxing District Inc. Number: 310668 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 7,181,399 0 0 0 -10,800 7,154,999 0 7,154,999 Taxable 0 3,328,072 0 0 0 -10,800 3,301,672 0 3,301,672 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 78,098 3,301,672 3,301,672 0 0 FY 2025 TIF Revenue Received: 0 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE CITY DERBY GRANGE HOUSING URBAN RENEWAL (31051) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH UR 152 DERBY GRANGE (DUE6A) TIF Taxing District Inc. Number: 310670 TIF Taxing District Base Year: 2017 FY TIF Revenue First Received: 2020 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2030 UR Designation Slum No Blighted No Economic Development 04/2017 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE - PERU ROAD (FLEXSTEEL) UR Area Number: 31054 UR Area Creation Date: 12/2017 UR Area Purpose: Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR132 INCREMENT 310601 310602 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 This URA is not in effect and has been repealed. 256 Characters Left Sum of Private Investment Made Within This Urban Renewal Area during FY 2025 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: DUBUQUE - PERU ROAD (FLEXSTEEL) (31054) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR132 INCREMENT TIF Taxing District Inc. Number: 310602 TIF Taxing District Base Year: 2018 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: SKY BLUE HOUSING URBAN RENEWAL UR Area Number: 31057 UR Area Creation Date: 08/2019 UR Area Purpose: The primary objective for the Sky Blue Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DUBUQUE SCH/UR 140 INCREMENT 310633 310634 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For SKY BLUE HOUSING URBAN RENEWAL Public Improvements Description: Fiber conduit, water tower, street extension and repair, public park Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: SKY BLUE HOUSING URBAN RENEWAL (31057) TIF Taxing District Name: DUBUQUE CITY/DUBUQUE SCH/UR 140 INCREMENT TIF Taxing District Inc. Number: 310634 TIF Taxing District Base Year: 2019 FY TIF Revenue First Received: 2021 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2031 UR Designation Slum No Blighted No Economic Development 08/2019 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: RADFORD ROAD ECONOMIC DEVELOPMENT UR Area Number: 31058 UR Area Creation Date: 09/2020 UR Area Purpose: The primary objective for the Radford Road Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new low-income and mixed- housing and residential development. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 144 INCREMENT 310641 310642 2,703,060 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 7,787,600 0 0 0 0 7,787,600 0 7,787,600 Taxable 0 3,608,991 0 0 0 0 3,608,991 0 3,608,991 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 32,162 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 32,162 Rebate Expenditures: 32,888 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 32,888 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: -726 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For RADFORD ROAD ECONOMIC DEVELOPMENT Gardens of Dubuque Description:rebates associated with housing creation Classification:Low and Moderate Income Housing Physically Complete:Yes Payments Complete:No ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For RADFORD ROAD ECONOMIC DEVELOPMENT Gardens of Dubuque LLC Debt/Obligation Type:Rebates Principal:495,029 Interest:0 Total:495,029 Annual Appropriation?:Yes Date Incurred:09/28/2020 FY of Last Payment:2039 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Rebate Paid To: Tied To Debt: Tied To Project: Projected Final FY of Rebate: Rebates For RADFORD ROAD ECONOMIC DEVELOPMENT Gardens of Dubuque LLC TIF Expenditure Amount:32,888 Gardens of Dubuque LLC Gardens of Dubuque LLC Gardens of Dubuque 2039 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: RADFORD ROAD ECONOMIC DEVELOPMENT (31058) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 144 INCREMENT TIF Taxing District Inc. Number: 310642 TIF Taxing District Base Year: 2019 FY TIF Revenue First Received: 2024 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2044 UR Designation Slum No Blighted No Economic Development 09/2020 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 7,787,600 0 0 0 0 7,787,600 0 7,787,600 Taxable 0 3,608,991 0 0 0 0 3,608,991 0 3,608,991 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 5,084,540 2,703,060 2,703,060 0 0 FY 2025 TIF Revenue Received: 32,162 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL UR Area Number: 31060 UR Area Creation Date: 02/2021 UR Area Purpose: The primary objective for the North Grandview Estates Housing Urban Renewal Area is to stimulate, through public involvement and commitment, private investment in new housing and residential development as defined by Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH/UR 160 NORTH GRANDVIEW ESTATES INCREMENT 310689 310690 1,334,598 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 2,904,100 0 0 0 -8,000 2,892,850 0 2,892,850 Taxable 0 1,345,848 0 0 0 -8,000 1,334,598 0 1,334,598 Homestead Credits 6 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: -4,803 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 35,259 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 35,259 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 30,456 22,458 Amount of 06-30-2025 Cash Balance Restricted for LMI ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL Public Improvements Description:Fiber conduit, retaining wall, curb underdrain Classification:Residential property (classified residential) Physically Complete:No Payments Complete:No Public Improvements Description:multipupose trail construction Classification: Recreational facilities (lake development, parks, ball fields, trails) Physically Complete:No Payments Complete:No ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL Developer Improvements Debt/Obligation Type:Rebates Principal:26,553 Interest:0 Total:26,553 Annual Appropriation?:Yes Date Incurred:07/01/2021 FY of Last Payment:2032 LMI Project TBD Debt/Obligation Type: Outstanding LMI Housing Obligations Principal:22,458 Interest:0 Total:22,458 Annual Appropriation?:No Date Incurred:07/01/2024 FY of Last Payment:2033 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Income Housing For NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL Amount of FY 2025 expenditures that provide or aid in the provision of public improvements related to housing and residential development:0 Lots for low and moderate income housing:0 Construction of low and moderate income housing:0 Grants, credits or other direct assistance to low and moderate income families:0 Payments to a low and moderate income housing fund established by the municipality, including matching funds for any state or federal moneys used for such purposes:0 Other low and moderate income housing assistance:0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: NORTH GRANDVIEW ESTATES HOUSING URBAN RENEWAL (31060) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH/UR 160 NORTH GRANDVIEW ESTATES INCREMENT TIF Taxing District Inc. Number: 310690 TIF Taxing District Base Year: 2021 FY TIF Revenue First Received: 2024 Subject to a Statutory end date? Yes Fiscal year this TIF Taxing District statutorily ends: 2034 UR Designation Slum No Blighted No Economic Development 02/2021 TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 2,904,100 0 0 0 -8,000 2,892,850 0 2,892,850 Taxable 0 1,345,848 0 0 0 -8,000 1,334,598 0 1,334,598 Homestead Credits 6 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 1,525,120 1,334,598 1,334,598 0 0 FY 2025 TIF Revenue Received: 35,259 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: SWITCH HOMES HOUSING URBAN RENEWAL AREA UR Area Number: 31061 UR Area Creation Date: UR Area Purpose: Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH UR 163 (SWITCH HOMES HOUSING) INCREMENT 310695 310696 0 DUBUQUE CITY AG/DBQ COMM SCH UR 163 (SWITCH HOMES HOUSING) INCREMENT 310697 310698 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: SWITCH HOMES HOUSING URBAN RENEWAL AREA (31061) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH UR 163 (SWITCH HOMES HOUSING) INCREMENT TIF Taxing District Inc. Number: 310696 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: SWITCH HOMES HOUSING URBAN RENEWAL AREA (31061) TIF Taxing District Name: DUBUQUE CITY AG/DBQ COMM SCH UR 163 (SWITCH HOMES HOUSING) INCREMENT TIF Taxing District Inc. Number: 310698 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: JOHN F. KENNEDY ROAD URBAN RENEWAL UR Area Number: 31062 UR Area Creation Date: 12/2022 UR Area Purpose: The primary goal of the Plan is to stimulate, through public involvement and commitment, private investment in new commercial development. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH UR 164 (JOHN F KENNEDY) INCREMENT 310699 310700 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For JOHN F. KENNEDY ROAD URBAN RENEWAL Traffic Improvements at 32nd Street and JFK Road Description: Lane widening and installation of a traffic signal will improve traffic movements to support economic development projects. Classification:Roads, Bridges & Utilities Physically Complete:Yes Payments Complete:No Switch Development LLC Description:Commercial Development Classification:Commercial - office properties Physically Complete:No Payments Complete:No ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Debts/Obligations For JOHN F. KENNEDY ROAD URBAN RENEWAL JFK & 32nd St Intersection Improvements Debt/Obligation Type:Internal Loans Principal:520,283 Interest:0 Total:520,283 Annual Appropriation?:Yes Date Incurred:07/01/2023 FY of Last Payment:2043 Switch Development LLC Debt/Obligation Type:Rebates Principal:126,000 Interest:0 Total:126,000 Annual Appropriation?:Yes Date Incurred:02/07/2023 FY of Last Payment:2035 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: JOHN F. KENNEDY ROAD URBAN RENEWAL (31062) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH UR 164 (JOHN F KENNEDY) INCREMENT TIF Taxing District Inc. Number: 310700 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: TWIN VALLEY URBAN RENEWAL UR Area Number: 31063 UR Area Creation Date: UR Area Purpose: Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used DUBUQUE CITY/DBQ COMM SCH UR 165 (TWIN VALLEY) INCREMENT 310701 310702 0 Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 TIF Taxing District Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: TWIN VALLEY URBAN RENEWAL (31063) TIF Taxing District Name: DUBUQUE CITY/DBQ COMM SCH UR 165 (TWIN VALLEY) INCREMENT TIF Taxing District Inc. Number: 310702 TIF Taxing District Base Year: 0 FY TIF Revenue First Received: Subject to a Statutory end date? No UR Designation Slum No Blighted No Economic Development No TIF Taxing District Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 Frozen Base Value Max Increment Value Increment Used Increment Not Used Increment Revenue Not Used Fiscal Year 2025 0 0 0 0 0 FY 2025 TIF Revenue Received: 0 ▲ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: MOUNT PLEASANT PLACE HOUSING URBAN RENEWAL UR Area Number: 31064 UR Area Creation Date: 08/2024 UR Area Purpose: The primary goal of the Area is to stimulate, through public involvement and commitment, private investment in new low and moderate income (LMI) housing and residential development as defined by the Iowa Code Section 403.17(12). Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For MOUNT PLEASANT PLACE HOUSING URBAN RENEWAL Habitat for Humanity Description: Rebate associated with construction of 16 LMI single family homes Classification:Residential property (classified residential) Physically Complete:No Payments Complete:No ♣ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Urban Renewal Area Data Collection Local Government Name: DUBUQUE (31G288) Urban Renewal Area: EMRI URBAN RENEWAL UR Area Number: 31066 UR Area Creation Date: 11/2023 UR Area Purpose: The purpose of this area is to create affordable and mixed-income housing within the community to enhance economic development activities. Tax Districts within this Urban Renewal Area Base No. Increment No. Increment Value Used Urban Renewal Area Value by Class - 1/1/2023 for FY 2025 Agricultural Residential Commercial Industrial Other Military Total Gas/Electric Utility Total Assessed 0 0 0 0 0 0 0 0 0 Taxable 0 0 0 0 0 0 0 0 0 Homestead Credits 0 TIF Sp. Rev. Fund Cash Balance as of 07-01-2024: 0 0 Amount of 07-01-2024 Cash Balance Restricted for LMI TIF Revenue: 0 TIF Sp. Revenue Fund Interest: 0 Property Tax Replacement Claims 0 Asset Sales & Loan Repayments: 0 Total Revenue: 0 Rebate Expenditures: 0 Non-Rebate Expenditures: 0 Returned to County Treasurer: 0 Total Expenditures: 0 TIF Sp. Rev. Fund Cash Balance as of 06-30-2025: 0 0 Amount of 06-30-2025 Cash Balance Restricted for LMI ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Projects For EMRI URBAN RENEWAL Emri Apartments Description: Rebate associated with construction of 48 LMI housing units Classification: Commercial - apartment/condos (residential use, classified commercial) Physically Complete:No Payments Complete:No ♦ Annual Urban Renewal Report, Fiscal Year 2024 - 2025 Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 22, 2026 e-mail: sandcfehsal@msn.com Dear Ms. Fehsal, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, April 22, 2026 Page 2 determine the year-to-year change, and then add those individual changes together. For example: • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax April 22, 2026 Page 3 calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. April 22, 2026 Page 4 Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Colleen Fehsal <sandcfehsal@msn.com> Sent: Wednesday, April 22, 2026 12:38 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs will be up $23.85/month - City budget increases impact my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $21,500 (8.9%) → adds $96/year in property tax • Water, sewer, curbside collection & stormwater fees → add ~$189.90/year Total estimated impact: $286/year ($23.85/month) Note: This calculation reflects City staff's recommendation to hold the FY27 levy rate flat at 10.0637. The total shown reflects the impact of rising assessments and fee increases only — no levy rate increase has been included. This estimate uses City-published FY26 and FY27 data and public assessment values, combined into a single household view. These increases occur within the same calendar year (current + July changes), so they are felt together in real budgets. The estimate is conservative and does not include potential usage or additional charges. It does not replace the City's method—it shows how costs add up for residents. These increases are not abstract. They show up in my monthly budget. I am counting on you to ensure we are getting real value for this higher investment and to clearly explain these decisions and their impact on residents. Thank you. Want to see how residents are using City-published data to find out what proposed changes are going to cost? Full methodology and sources: DubuqueDeservesBetter.com/method Get Outlook for iOS Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 20, 2026 e-mail: chad@kendallhunt.com Dear Mr. Chandlee, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 20, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. Some residents have also asked why the City does not use a pure zero-based budgeting (ZBB) system. In practice, Dubuque’s budgeting model already incorporates several key elements of ZBB—such as evaluating programs based on goals, analyzing service levels, reviewing alternative funding levels, and requiring departments to justify their requests—while also maintaining the line-item detail and financial controls required under Iowa law. April 20, 2026 Page 3 The City’s budget system includes: Line items for fiscal control and transparency. Organization by program, department, and fund to show what activities are being carried out—not just what is being purchased. A focus on identifying, articulating, and evaluating the fundamental purposes, commitments, and accomplishments of City government. Departments must define goals and objectives, report progress, and provide workload and performance indicators so that residents and the City Council can clearly see whether goals are being met. In this sense, performance—not spending—is what counts. Identification of all costs associated with each program or activity, including capital, debt service, and employee benefits, to accurately understand the true cost of delivering services. Presentation of alternative service and funding levels for all operating activities, giving the City Council multiple options each year. This is a foundational component of zero-based systems, where each activity must be considered against competing priorities. Rather than relying on a single budget document, the City prepares three complementary documents each year: The Policy Budget, which outlines departmental goals, accomplishments, resource requirements, and improvement packages that provide optional service levels for the City Council to select from. The Capital Improvement Program (CIP) Budget, which details the City’s five-year physical development plan and ensures that long-term needs, infrastructure requirements, and future growth are addressed. The first year of the CIP becomes part of the next year’s operating budget, and the remaining years are re-evaluated annually. The Resident’s Guide, which summarizes the entire budget through visuals, narratives, and explanations of revenues, expenditures, personnel, and the City Council’s vision and priorities. This approach provides the flexibility of ZBB—regular review of activities, justification of improvements, and assessment of alternatives—while also meeting statutory requirements and maintaining financial stability. It allows the City Council to make informed policy decisions, assign priorities, and allocate scarce resources in a transparent, performance-driven manner. Additional Information Regarding the City Greenhouse In response to your question about the need for the City to maintain a greenhouse: April 20, 2026 Page 4 The Park Division maintains and operates a greenhouse on the north end of the city near Eagle Point Park. Growing plants in this almost 100-year-old historic greenhouse is only one part of the Horticulture team’s responsibilities. With more than 20,000 plants and over 100 hanging baskets grown annually, this work provides significant quality-of-life enhancements to the community. A recent suggestion to purchase plants from a commercial vendor would likely increase the budget in the Greenhouse Activity. Plants purchased commercially are significantly more expensive than those grown in-house. The City produces annual plants at approximately $1–$2 per fully grown plant, while commercial vendors charge an estimated $4–$7 per plant. Using these figures, it costs an estimated $20,000–$40,000 annually to grow plants in the City greenhouse—including soil, utilities, and labor. Purchasing the same plants from a vendor would cost $80,000 or more. In addition, the Horticulture team maintains landscaped areas across City property, including roundabouts, highway corridors, high-profile locations, and parks. There are more than 38 identified locations throughout the City for which the team is responsible. In years when staff levels were reduced, such as 2015, annual flowers could not be planted. Residents expressed concern, and in some cases organized to plant perennial beds themselves. Since then, many residents regularly inquire about the return of annual flowers each season. These services contribute to community pride, beautification, and the overall appearance of the City, and the greenhouse enables these outcomes in the most cost-effective manner. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 20, 2026 Page 5 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Chad M. Chandlee <chad@kendallhunt.com> Sent: Saturday, April 18, 2026 6:49 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs will be up $59.66/month - proposed City budget increases impact my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, Below is the basic information for me. While I can afford this, many of our employees getting these increases cannot. We, meaning the elected council, need to look at our budgets as zero based. Budget dollars should have to be justified to stay in the budget, not having to justify why we are taking them out. If you can’t effectively argue as to why we need every line item, then that line item should come out. Recent discussions on the greenhouse were enlightening. I had no idea we had a greenhouse, hence why I would have never mentioned it. I suspect many Dubuquers would also not know we had a green house. Clearly the numbers show we are better off purchasing from someone rather than doing it ourselves. Until the city can excel at the basic items I believe we should stick to our knitting instead of taking on these other items. Let’s start at zero and build from there. Our budget has grown with the assumption that if we did it last year, then we do it for future years. This creates a road to bloat and insolvency or an out of control tax system. Fyi: I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $104,000 (8.5%) → adds $466/year in property tax • Proposed levy increase (10.0637 → 10.1648) → adds $60/year • Water, sewer, curbside collection & stormwater fees → add ~$189.90/year Total estimated impact: $716/year ($59.66/month) This estimate uses City-published FY26 and FY27 data and public assessment values, combined into a single household view. These increases occur within the same calendar year (current + July changes), so they are felt together in real budgets. The estimate is conservative and does not include potential usage or additional charges. It does not replace the City's method—it shows how costs add up for residents. These increases are not abstract. They show up in my monthly budget. I am counting on you to ensure we are getting real value for this higher investment and to clearly explain these decisions and their impact on residents. Thank you. Want to see how residents are using City-published data to find out what proposed changes are going to cost? Full methodology and sources: DubuqueDeservesBetter.com/method Chad M. Chandlee President & COO Kendall Hunt Publishing Ph. 563-589-1117 cchandlee@kendallhunt.com Disclaimer The information contained in this communication from the sender is confidential. It is intended solely for use by the recipient and others authorized to receive it. If you are not the recipient, you are hereby notified that any disclosure, copying, distribution or taking action in relation of the contents of this information is strictly prohibited and may be unlawful. This email has been scanned for viruses and malware, and may have been automatically archived by Mimecast, a leader in email security and cyber resilience. Mimecast integrates email defenses with brand protection, security awareness training, web security, compliance and other essential capabilities. Mimecast helps protect large and small organizations from malicious activity, human error and technology failure; and to lead the movement toward building a more resilient world. To find out more, visit our website. 1 TO: Michael C. Van Milligen, City Manager FROM: Matthew K. Kalcevich, Parks and Recreation Director SUBJECT: Park Division Additional Greenhouse Activity Information DATE: April 20, 2026 INTRODUCTION This memo is to provide additional information related to the Parks and Recreation Department Park Division Greenhouse Activity. BACKGROUND A memo was submitted to City Council on April 13, 2026, regarding the Park Division’s Greenhouse Activity explaining operations and budget. The Parks and Recreation Department budget hearings were also presented during that meeting. Additional information was requested regarding the Greenhouse Activity. DISCUSSION The Greenhouse Activity consists of the entire Horticulture team. The team includes one (1 FTE) full-time Horticulturist; three (3 FTE) full-time Assistant Horticulturists; one (.58 FTE) shared Assistant Horticulturist with Public Works and four (4) Temporary Landscape Crew Member positions (2.42 FTE). The Horticulture team takes care of all landscaped areas located on City property including roundabouts, highway corridors, high profile locations, parks and several other locations. There are more than thirty-eight (38) identified locations throughout the City that the Horticulture staff are responsible for. Appendix B, included with the memo provided on April 13, 2026, listed those details. Many of these areas include multiple landscaped beds. For example, the Highway 20 corridor from Locust Street to Devon Drive, which was recognized as an area of focus in the recently approved and adopted Parks and Recreation Master Plan, includes multiple large and small landscape beds, along the highway and exit/entrance ramps. 2 The Parks and Recreation Comprehensive Plan recommended an additional Assistant Horticulturist be added to the Park Division team to assist with the current workload and responsibilities assigned to the Greenhouse activity. This position was requested in the FY2027 budget process but is not recommended at this time. The Park Division maintains and operates a greenhouse on the North end of the city near Eagle Point Park. Growing plants in this almost 100-year-old historic greenhouse, is only an aspect of the total service portion of the Horticulture team’s responsibilities. If the more than 20,000 plants and over 100 hanging baskets grown annually by the Horticulture staff were not grown in the City’s greenhouse and purchased from a commercial vendor, there is not a projected decrease to the number of staff or responsibilities assigned to those operations. Annual landscape areas would still need to be designed, plants would still need to be purchased and planted, as well as watered and maintained throughout the growing season. All the other responsibilities of the Horticulture team would also need to continue. Purchasing plants from a commercial vendor would likely increase the budget in the Greenhouse Activity due to plants being more expensive to purchase from a commercial vendor versus growing the plants in the City’s greenhouse. Information provided in the memo on April 13, 2026, stated that on average different varieties and sizes of annual plants grown in the City’s greenhouse are estimated at $1 to $2 per plant fully grown. The same plant purchased from a commercial vendor would cost $4 to $7 each. Using these figures, it is an estimated $20,000-$40,000 to grow annual plants, which includes soil, utilities and labor in the City’s greenhouse. It would be an estimated cost of around $80,000, if these same plants were purchased for $4/plant from a commercial vendor. Below is a chart for a portion of the FY2027 requested budget for the Greenhouse Activity. It is important to recognize these budget numbers are not specific to just the greenhouse itself. The building also houses a two-bay shop, a three-bay shop, and the greenhouse potting/office area. Greenhouse Building Maintenance (General Maintenance and Repairs) $3,000.00 Greenhouse Electricity $7,674.00 Greenhouse Natural Gas $6,611.00 Telecommunications iPhone Data Plan $540.00 Greenhouse Insurance Liability $1,019.00 Greenhouse Tech Services (Data Plans for Time and Attendance iPads) $990.00 Greenhouse Equip Maintenance (Mobile Radio Contract for vehicles) $1,919.00 TOTAL $21,753.00 Additionally, there is a FY2026 Project budgeted to replace all the polycarbonate panels on the greenhouse. There has been storm damage to some panels and many of the panels are brittle and yellowing reducing sunlight in the greenhouse. The reduced sunlight causes many issues in the greenhouse that can impact the plants, including growth, watering and additional staff time to ensure the plants stay healthy. This project 3 is under contract for $146,795.00 and is scheduled to be completed in June 2026. There are no additional projects recommended related to the greenhouse in the FY2027-2031 Capital Improvement Program budget. The Horticulture team has continued to identify efficiencies and sustainable practices related to the Greenhouse Activity. Annual plants have been replaced with perennial plants in recent years in strategic locations. These practices have been implemented to meet City Council Goals and Priorities related to pollinators. Additionally, if perennials were planted in place of annuals in additional areas, the savings would be minimal. Staff would still have need to maintain those locations where there are plants whether perennial or annual. The FY25 expense for annual plants was only $25,000 of the total budget for the Greenhouse Activity. Many residents have contacted the Parks and Recreation Department over the years inquiring about these kinds of plantings. A good example is from 2015 when staff positions were frozen in the Park Division and annual plants were not able to be planted due to a limited number of staff. A resident group along South Grandview Avenue formed and paid to have a number of empty annual beds planted with perennial plants. Since that time residents continue to inquire about when annual flowers will be back for the season. In addition, Parks and Recreation is recommending that the Park Division Greenhouse Activity be retitled to the Horticulture Activity in the Finance Department’s Tyler system. This title better aligns with the staffing, operation, and responsibilities for this team. With activities in the Parks Division already titled Storm Area Maintenance and Forestry, this renaming will help increase awareness about what this team’s role is as we work to better define each section’s function and share details about their work with the community. ACTION REQUESTED This memo is provided for informational purposes. Prepared by Steve Fehsal, Park Division Manager OVERVIEW OF BUDGETING INTRODUCTION The review and adoption of the budget is the single most important thing that a City Council does each year. The budget sets the tempo, capabilities, commitments and direction of the city government for an entire year. It is the yardstick against which the city operations can be evaluated. But what is a budget? The purpose of this narrative is to identify: a)what a budget is; b)why we prepare a budget; c)alternative types of budgets; d)major characteristics of the Dubuque budget system; and e)roles and responsibilities in preparing the annual budget. WHAT IS A BUDGET? A budget is several things: 1.The budget is a fiscal plan setting out anticipated revenue and expenditures for accomplishing a variety of services over a given time frame. The fiscal plan includes: a)an explanation of the services, activities, programs and projects to be provided by the City to the residents; b)the resultant expenditure requirements; and c)the resources available for meeting the expenditure requirements. 2.The budget is a process concerned with the allocation of available resources among alternatives and competing departments, activities and programs. Cities rarely have enough money to be able to appropriate all the funds requested to all departments and activities and, as a result, there is considerable competition for whatever money is available. Budgeting, as a process, is concerned with developing an acceptable mix or balance between costs and services and represents the decisions made with respect to: a)quality and quantity of activities and projects to be undertaken; and b)financing of those activities and projects. 3.The budget is a policy document which: a)establishes the authority to spend funds, and levy and collect property taxes; b)represents a commitment to provide a specific level of service within a given amount of resources; and establishes criteria (objectives, measures and dollar limits) for evaluating and controlling expenditures, revenue collections and performance. Through the budget, policies are made, put into effect, and controlled. Budget Process 1 4.The budget is a legal requirement. State law requires the City Manager to prepare the annual budget and the City Council to adopt the annual budget and certify it to the County Auditor by April 30th of each year preceding the beginning of the fiscal year on July 1st. The budget must be on a program - performance basis and show: a)expenditures for each program; b)income from sources other than property taxes; c)amount to be raised by the property taxation and the property tax rate expressed in dollars per thousand of assessed value; and d)comparisons between expenditures in each program and between levels of service. WHY DO WE BUDGET? WHY IS IT IMPORTANT? Why do we go through the agony and the work? There are several reasons: 1.To meet the legal requirement. 2.To establish spending and income-raising authority. 3.To establish a work program for the fiscal year (objectives) and present it to the public. 4.To manage and control resources and their use. 5.To assure the proper mix of costs and services. 6.To assure the most effective and efficient use of available resources. 7.To set the tempo and direction of the city government. 8.To prioritize policies and objectives. 9.To link dollars with results. ALTERNATIVE TYPES OF BUDGETS Line-Item Budget The most commonly used budget format in local government today is the line-item budget. A line- item budget is one which allocates money for specific expense items or objects of expenditure without reference to the purpose, activities or program they will serve. This type of budget lists expenditures by such categories as full-time salaries, overtime, office supplies, postage, travel, rental expense, maintenance of buildings and grounds, office furniture and equipment, etc. The principal advantage of a line-item budget is that it is easy to prepare and facilitates expenditure control. However, this form of budget tells very little about the purposes, activities and programs of the city it serves. For example, it shows the amount of money that has been budgeted for personnel, but it does not show the nature of the services such personnel are to provide. Furthermore, the traditional line-item approach does not show comparative costs and benefits of competing programs, thus making it difficult for the City Council and management to evaluate individual activities and allocate resources. These characteristics limit its usefulness as a device for giving direction and purpose to public service activities and programs. Budget Process 2 Program Budget Local governments usually spend money to accomplish something more than purchasing goods and services. They are also concerned about programs, missions, or functions. A budget organized on the basis of its intended purpose is called a program budget. A program budget allocates money to functions or activities rather than to specific items of costs. A municipal budget of this type lists expenditures for such cost categories as protective services, leisure time opportunities, and administration. Few, if any, budgets are prepared exclusively on a program basis. Instead, program costs are usually broken into line items. The primary advantage of a program budget is that it shows the broad goals and purposes for which we are spending money and allows for setting priorities. The disadvantage is that it does not show the level of services that will be produced by the functions for which money has been allocated. This characteristic weakens its value as a tool for managing the quality and quantity of public service programs. Performance Budgeting Performance budgeting goes a step further than program budgeting by requiring the breakdown of service into workload or units of performance and the assigning of unit costs. A system of work measurement is used to evaluate productivity and effectiveness. The principal advantage of the performance type budget is that it shows both the activities of the city and the service levels of those activities and their respective costs. Thus, it can be a useful tool for regulating in a positive way, both the quality and quantity of city services. This characteristic makes the performance type budget the most useful of those types mentioned so far. However, it is also the most difficult to prepare. There are three reasons for this. First, it is difficult to define the units by which the work of the department or an activity or program can be measured. Second, even when the work unit can be defined, it may not be easy to establish a system, which will supply a reliable measure of the work output. And third, it requires much thought and study to establish acceptable service levels for various activities and programs. Zero Base Budgeting Traditional budgeting, whether line-item or program-oriented, tends to focus on how much you spent last year as a beginning point for budget preparation. That is to say that it is incremental, it adds an increment on top of last year's spending level generally without challenge and without consideration of alternatives or trade-offs. Zero Base Budgeting (ZBB) is a system whereby each activity or program, regardless of whether it is a new or existing program, must be justified in its entirety each time a new budget is formulated. Rather than using the previous year's budget as a base, ZBB assumes no base; all activities old and new must be explained and justified each year. The agency starts at zero. ZBB measures the desirability, need and beneficiaries of services as well as the reasonableness of the proposed costs, alternatives to the activity, and trade-offs between partial achievement of goals and the ability to fund all proposed budget expenditures. ZBB accomplishes this by dividing all the proposed activities or services of the governmental body into units of manageable size, subjecting them to detailed examination, and ranking them according to their importance. Revenues are matched against the list of services according to their rank. High-priority services are funded first. If money runs out, the low-priority services are not funded. The characteristics of ZBB can be summarized as follows: 1.Scrutiny of old or existing activities as closely as new or proposed activities; 2.Reallocation of resources from low-priority activities to high-priority activities; Budget Process 3 3.Emphasis on alternatives (levels of expenditures and services and methods of providing services); and 4.Allowance for budget reduction or expansion in a planned, logical manner. Dubuque Budget Approach The budget system being utilized by the City of Dubuque incorporates aspects of each of the several budget alternative types discussed here. The major characteristics of our budget system are: 1.It has line items for control and fiscal management purposes. 2.It is organized by program, department and fund. 3.It attempts to identify, analyze, and articulate the fundamental purposes and objectives of the Dubuque City government. This approach is intended to place emphasis upon commitments, accomplishments, and activities performed rather than upon items purchased and to provide for the establishment of priorities. It attempts to identify, quantify, and analyze the demands on and accomplishments of organizational units in terms of established goals, objectives, and purposes. Are we achieving our goals and living up to our promises? This requires the establishment of workload and demand indicators and evaluation criterion. It is performance that counts. 4.It attempts to identify all costs of each department, activity, and program, including capital expenditure, debt service, and employee benefit costs. What does an activity or department really cost? 5.It presents alternative service and funding levels for all activities in the operating budget. The purpose is to provide the City Council with the widest possible range of alternatives to maximize their opportunity for making policy decisions, assigning priorities and allocating scarce resources to accomplish their policy objectives. The City's budget approach involves the preparation of three budget documents. The Policy Budget, the Capital Improvement Program (CIP) Budget, and the Resident’s Guide. The Policy Budget includes the City department detail, by defining goals and objectives for all City departments and activities, relates them to cost and resource requirements and attempts to establish measures for evaluating accomplishment. Specific improvement packages are developed and included in the Policy Budget for alternative funding and service levels. The Policy Budget document shows the budget by line item for each Department and provides a basis for fiscal control once the budget is adopted. The Policy Budget emphasizes objectives, accomplishments, and alternative funding and service levels and is intended to keep the attention of the City Council and public on the major policy decisions involving what services the City government will provide, who will pay for them, and the implications of such decisions. The Capital Improvement Program (CIP) Budget represents the City of Dubuque’s five year physical development effort, attempts to address a variety of needs, which the City must meet if it is to maintain its physical facilities, meet its service commitments and provide for its future development. The CIP Budget reflects the City’s comprehensive plan and the goals and priorities established by the City Council. The first year of the five-year CIP Budget goes into the budget for the next year and deserves the most attention. The CIP Budget is updated each year so that City Council has the opportunity to change the next four years and add a new year. The Resident’s Guide pulls the entire budget together through visuals, narratives and summaries. It explains the budget, provides revenue, expenditure and personnel summaries and provides the City Council vision, goals and priorities on which the budget is based. Budget Process 4 ROLES AND RESPONSIBILITIES Budget preparation and administration is a shared responsibility between the City Council, City Manager, Finance Department, department manager, division manager, and supervisor. Each plays an important role in the fiscal management system and the quality of and satisfaction derived from the fiscal management system is a direct result of the efforts of the several participants. Lack of attention, failure to follow procedures and/or poor follow through at any level can undermine the best fiscal management system. Let's look at the roles each plays. City Council In a very real sense, budget preparation and administration begins and ends with the City Council. The City Council has the following responsibilities: 1.Establish City goals and major performance objectives. 2.Approve guidelines for preparing the annual operating budget. 3.Establish through adoption of an annual budget what services and the level of services to be provided and how they will be financed. 4.Establish rules for the conduct of the City's fiscal operations. 5.Monitor progress toward achievement of objectives. 6.Require independent audit of fiscal records and transactions. The City Manager The City Manager is responsible to the City Council for the day-to-day operation and administration of the City government. In terms of fiscal management, the City Manager has the following responsibilities: 1.Develop policy guidelines for City Council review and adoption. 2.Develop Maximum Property Tax Levy Resolution for City Council review and adoption. 3.Prepare and submit an annual operating budget and a five-year Capital Improvement Budget premised upon Council guidelines and goals and major performance objectives. 4.Ensure the adopted budget is properly administered. 5.Supervise the performance of all contracts for work to be done by the City. Authorize and direct the purchase of all supplies and materials used by the City. 6.Keep Council fully advised on financial conditions of the City. 7.Establish rules for conduct of fiscal operations for which they are responsible. Budget Process 5 Finance Department The Finance Department becomes an extension of the City Manager's Office for purposes of performing the delegated responsibilities. The responsibilities of the Finance Department include the following: 1.Administer the approved budget on a day-to-day basis to see that funds are being expended for the purposes approved and that all claims are supported by proper documentation. 2.Supervise sale of bond issues. 3.Administer centralized payroll system. 4.Administer decentralized purchase order system. 5.Assist the City Manager’s Office in preparing the budget. Department Managers, Division Managers, and Supervisors The critical role in the fiscal management system is performed by department managers and their division managers and supervisors. The fiscal management system will be only as good as they make it. Their role includes: 1.Responsibility for the efficient and effective operation of the activities and tasks under their direction. Line supervisors are expected to control costs and achieve results. 2.Responsibility for preparation of budget requests, which emphasize objectives and service levels as well as traditional line item explanations and justifications for various funding levels and development of measures for evaluating progress toward objectives. What is the level of accomplishment, which can be expected from various funding levels, and how do we measure it? It is absolutely essential in our approach to budget preparation that accomplishments, objectives, and estimated costs be established by those in the organization who know the most about it and can be held accountable. Those are the department managers and their division managers and supervisors. 3.Responsibility for recommending and explaining needs and opportunities for service changes; reductions as well as expansions. 4.Responsibility for providing the planned and approved service level within budget limitations. 5.Responsibility for day-to-day department and activity budget administration. BUDGET CYCLE The budget cycle is a sequence of events covering the life of a budget from beginning to end; from the City Manager's review of prior year accomplishments and future initiatives, to the City Council approval of the final budget amendment. The budget cycle is approximately twelve months long. The critical dates are spelled out in State law: April 30th is when the budget for the following fiscal year must be adopted by the City Council; and July 1st as the beginning of the fiscal year. Throughout the entire budget cycle, public input is encouraged to insure the adopted budget is resident-based. The budget cycle can be summarized as follows: Budget Process 6 SPRING City Council formulates negotiation strategy for collective bargaining. JULY - AUGUST City Manager recommends budget carryover amendment for City Council approval at a public hearing. City Manager, along with Department Managers, review fiscal year accomplishments and identify future initiatives for City Council consideration during goal setting. SEPTEMBER - OCTOBER City Council holds 2-day goal setting to develop Vision and Mission statements, identify 5 year goals and establish Policy agenda including Top Priorities for upcoming fiscal year and Management Agenda/ special projects. SEPTEMBER OCTOBER City departments prepare Capital Improvement project information and budget requests for review by City Manager. OCTOBER NOVEMBER DECEMBER City departments prepare operating budget and other budget requests for review by City Manager. City Manager holds Public Input meetings to review issues and priorities for the capital budget and the operating budget. JANUARY FEBRUARY City Manager, Chief Financial Officer, and Budget Manager analyze, review and balance capital and operating budget requests and prepare final budget recommendation. MARCH City Manager presents draft Policy guidelines and Maximum Property Tax Resolution to City Council for City Council approval. MARCH APRIL City Council holds public meetings to review recommended budget by department. Meetings are held in the evening and are available for live viewing on City Channel Dubuque. APRIL City Council holds final public hearing on the recommended budget. The meeting is held in the evening and is available for live viewing on City Channel Dubuque. City Council adopts budget and city staff certifies budget by April 30 in compliance with State law. APRIL MAY Budget Manager reviews budgeted revenues and expenses and recommends adjustments to more accurately reflect the anticipated revenues and expenses for the fiscal year ending June 30. City Council reviews and approves an amended fiscal year budget and city staff certifies the budget amendments by May 31 in compliance with State law. Budget Process 7 BUDGET AMENDMENT PROCESS Budget estimates may be amended and increased as the need arises to permit appropriation and expenditure of unexpended cash balances on hand and unanticipated revenues. Such amendment may be considered and adopted at any time during the fiscal year covered by the budget (but prior to May 31) by filing the amendments and upon publishing them and giving notice of the public hearing in the manner required in the State Code. Within ten days of the decision or order of the City Council, the proposed amendment of the budget is subject to protest, hearing on the protest, appeal to the state appeal board, and review by that body. A local budget must be amended by May 31 of the current fiscal year-to allow time for a protest hearing to be held and a decision to be rendered before June 30. Except as specifically provided elsewhere in the Iowa Administrative Code rules, all appropriation transfers between programs or funds are budget amendments and shall be prepared as provided in Iowa Code section 384.16. The program reference means any one of the following nine major areas of public service that the City Finance Committee requires cities in Iowa to use in defining its program structure: Public Safety, Public Works, Health & Social Services, Culture & Recreation, Community & Economic Development, General Government, Debt Service/Capital Improvement Projects, Business Type, and Non-Program. BUDGET ACCOUNTING BASIS The operating budget of the City of Dubuque is written so that available resources and anticipated expenditures are equal. The City’s accounting and budget records for general governmental operations are maintained on a modified accrual basis, with the revenue being recorded when available and measurable and expenditures being recorded when the services or goods are received and the liabilities incurred. Accounting records for the Enterprise and Internal Service Funds are maintained on the accrual basis, while the budget records are maintained on the modified accrual basis. Differences between budgetary policies and Generally Accepted Accounting Principles (GAAP) in the Enterprise and Internal Service Funds exist for several reasons. One reason is that existing procedures have worked well and continue to work well for administrative and control purposes. Some other reasons for differences between budget and GAAP are the treatment of interfund transfers, departmental capital outlay, debt service principal payments, and depreciation. The City’s budgeting practices include interfund transfers as revenue and expenditures, while GAAP classifies interfund transactions as other financing sources and uses. Also City management desires an operating statement budget line item for each anticipated cash outflow, including debt service and capital outlay. If the City budgeted the enterprise funds on a full accrual basis, capital outlay and debt service payments would not be reported in the operating statement. Depreciation expense, which is recognized in the accounting records, is not budgeted. Not providing for depreciation in the budget is a policy decision that has not adversely affected the funds. FUND ACCOUNTING BASIS The accounts of the City are organized on the basis of funds and groups of accounts, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts, which comprise its assets, liabilities, equities, revenues and expenditures or expenses. Budget Process 8 The City reports the following major governmental funds: The General Fund is the City's primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Employee Benefits Fund is used to account for pension and related employee benefit costs for those employees paid wages from the General Fund. The Community Development Fund is used to account for the use of Community Development Block Grant funds as received from federal and state governmental agencies. The Street Construction Fund is used to account for the resources and costs related to street capital improvements. The General Construction Fund is used to account for the resources and costs related to nonassignable capital improvements. The City reports the following major proprietary funds: The Sewage Disposal Works Fund is used to account for the operations of the City's sewage disposal works and services. The Water Utility Fund is used to account for the operations of the City's water facilities and services. The Stormwater Utility Fund is used to account for the operations of the City's stormwater services. The Parking Facilities Fund is used to account for the operations of the City-owned parking ramps and other parking facilities. The America's River Project is used to account for the construction of all projects covered by the Vision Iowa Grant, including all matching funds. The City reports the following non-major governmental funds: Airport Construction Fund - This fund is used to account for the resources and costs related to airport capital improvements. Sales Tax Construction Fund - This fund is used to account for the resources and costs related to capital improvements financed through the local option sales tax. Road Use Tax Fund - This fund is used to account for state revenues allocated to the City for maintenance and improvement of City streets. Section VIII Housing Fund - This fund is used to account for the operations of federal Section VIII existing, voucher, and moderate rehabilitation projects. Tort Liability Fund - This fund is used to collect a special property tax levy which is then transferred to the General Fund. The General Fund accounts for the administration and payment of damage claims against the City. Special Assessments Fund - This fund is used to account for the financing of public improvements that are deemed to benefit primarily the properties against which special assessments are levied and to accumulate monies for the payment of principal and interest on the outstanding long-term debt service. Tax Increment Financing Fund - This fund is used to account for the receipt of property taxes, for the payment of projects within the tax increment financing district, and for the payment of remaining principal and interest costs on the tax increment financing districts' long-term debt service. Budget Process 9 Cable TV Fund - This fund is used to account for the monies and related costs as set forth in the cable franchise agreement between the City of Dubuque and the cable franchisee. Library Expendable Gifts Trust - This fund is used to account for contributions given to the library to be spent for specific purposes. IFA Housing Trust - This fund is used to account for funds received under the Iowa Finance Authority State Housing Trust Fund Program. Debt service fund – This fund is used to account for the accumulation of resources and payment of general obligation bond principal and interest from governmental resources and special assessment bond principal and interest from special assessment levies when the government is obligated in some manner for the payment. Ella Lyons Peony Trail Trust Fund - This fund is used for dividends and maintenance cost related to the City Peony Trail, per trust agreement. Library Gifts Trust Fund - This fund is used to account for testamentary gifts to the City. The City reports the following non-major proprietary funds: Refuse Collection Fund - This fund is used to account for the operations of the City's refuse collection services. Transit System Fund - This fund is used to account for the operations of the City's bus and other transit services. Governmental Fund Types (Budgetary) Governmental funds are those through which most governmental functions of the City are financed. The acquisition, use, and balances of the City's expendable financial resources and the related liabilities (other than those in proprietary funds) are accounted for through governmental funds. The measurement focus is upon determination of changes in financial position. The following are the City's governmental fund types: •The General Fund is the principal operating fund of the City and accounts for all financial transactions not accounted for in other funds. The general operating expenditures, fixed charges, and capital improvement costs that are not paid through other funds are financed through revenues received by the General Fund. •Special Revenue Funds are used to account for revenues derived from specific taxes, governmental grants, or other revenue sources, which are restricted to finance particular functions or activities of the City. The City's special revenue funds include such funds as Road Use Tax, Community Development, UDAG Repayments, Section 8 Housing, Lead Paint Grant, State Rental Rehab, Cable TV, Special Assessment, Expendable Library Gifts Trust, Tort Liability, Employee Benefits, and TIF funds. •Debt Service Funds are used to account for the accumulation of resources for, and the payment of, principal, interest, and other related costs of the City's general obligation debt. The City uses this fund to pay some of the debt service paid from other funds with the revenue transferred in. Budget Process 10 •Permanent Funds are used to account for resources that are legally restricted to the extent that only the earnings, and not principal, may be used for purposes that support the reporting of governmental programs. The City’s permanent funds include: Lyons Peony Trust and Library Gifts Trusts. •Capital Improvement Funds are used to account for financial resources segregated for the acquisition or construction of major capital facilities. (Even if a capital project fund is used, not all capital acquisitions need be accounted for in the fund). For example, the routine purchases of capitalizable items (e.g., police vehicles, copy equipment) are typically budgeted and reported in the General Fund or other governmental fund. Proprietary Fund Types (Budgetary) The City also has proprietary fund types, which are different from governmental fund types in that their focus is on the determination of net income or loss. The revenue from these funds is assumed to be adequate to fund the operation of the funds. The City's proprietary funds are as follows: •Enterprise Funds are used to account for operations that are financed and operated in a manner similar to private business enterprises where the intent of the governing body is that the costs (expenses, including depreciation) of providing goods and services to the general public on a continuing basis be financed or recovered primarily through use charges or where the periodic determination of net income or loss is deemed appropriate. The City's enterprise funds include Water, Sewer, Stormwater, Refuse/Solid Waste, Transit, Parking and America’s River Project. • The Internal Service Fund accounts for the financing of goods and/or services provided by one department or agency to other departments or agencies of the City, or to other governmental units, on a cost reimbursement basis. The City’s Internal Service Funds include Engineering Service, Garage Service, General Service and Stores/Printing. Self-Insurance Funds (Non-Budgetary) •The Self Insurance Funds are considered Internal Service Funds, are not budgeted, but are summarized in the audited financial statements. These include Health Insurance Reserve and Workers’ Compensation Insurance Reserve. Fiduciary Fund Types (Non-Budgetary) The City also has fiduciary fund types, which account for assets in a trustee or custodial capacity: • Pension Trust Funds account for assets of pension plans held by a government in a trustee capacity. The City of Dubuque has no such funds. • Private Purpose Trust Funds account for trust arrangements, including those for escheat property, where principal and income benefit individuals, private organizations, or other governments. The major use of private purpose funds is for escheat property. The City has no such funds. • Agency Funds account for those assets held solely in a custodial capacity by the City as an agent for individuals, private organizations, other governmental units, and/or other funds. The City’s Agency Funds include the Cable Equipment Fund (monies received from Mediacom through the Cable Franchise Agreement for distribution), and the Dubuque Metropolitan Area Solid Waste Agency General and DNR Planning. These funds are not budgeted. Budget Process 11 Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 20, 2026 e-mail: ksturm7025@gmail.com Dear Ms. Sturm, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, April 20, 2026 Page 2 determine the year-to-year change, and then add those individual changes together. For example: • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax April 20, 2026 Page 3 calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. April 20, 2026 Page 4 Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Kathy Sturm <ksturm7025@gmail.com> Sent: Sunday, April 19, 2026 7:34 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs will be up $16.72/month - proposed City budget increases impact my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $0 (0.0%) → adds $0/year in property tax • Proposed levy increase (10.0637 → 10.1648) → adds $11/year • Water, sewer, curbside collection & stormwater fees → add ~$189.90/year Total estimated impact: $201/year ($16.72/month) This estimate uses City-published FY26 and FY27 data and public assessment values, combined into a single household view. These increases occur within the same calendar year (current + July changes), so they are felt together in real budgets. The estimate is conservative and does not include potential usage or additional charges. It does not replace the City's method—it shows how costs add up for residents. These increases are not abstract. They show up in my monthly budget. I rely on Social Security and IPERS for monthly income. Since I am a single person household I use refuse/recycling twice a month and water/sewer at a rate much lower than average household. To have these costs rise $189.00 a year is not insignificant. I am counting on you to ensure we are getting real value for this higher investment and to clearly explain these decisions and their impact on residents. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: juliechaberkorn@gmail.com Dear Ms. Haberkorn, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Julie Haberkorn <juliechaberkorn@gmail.com> Sent: Saturday, April 18, 2026 8:00 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs will be up $23.46/month - proposed City budget increases impact my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $18,700 (12.0%) → adds $84/year in property tax • Proposed levy increase (10.0637 → 10.1648) → adds $8/year • Water, sewer, curbside collection & stormwater fees → add ~$189.90/year Total estimated impact: $282/year ($23.46/month) This estimate uses City-published FY26 and FY27 data and public assessment values, combined into a single household view. These increases occur within the same calendar year (current + July changes), so they are felt together in real budgets. The estimate is conservative and does not include potential usage or additional charges. It does not replace the City's method—it shows how costs add up for residents. These increases are not abstract. They show up in my monthly budget. I am counting on you to ensure we are getting real value for this higher investment and to clearly explain these decisions and their impact on residents. It seems to me that you and the council don't care what the citizens of Dubuque have to say about wasteful spending. Falls on deaf ears. Watching you're council meetings, you dismiss people like they don't matter and you already have your minds made up on how the council wants their way on certain issues. Dubuque is slowly deteriorating. Streets are bad, lots of empty buildings, city parks not being maintained. Homeless camps popping up along the river, Maus Park, Varner bldg by the Gran River. The back plates of the signals around downtown (12th street all the way up to 32nd street from Central to Elm) are not painted black anymore and have shrouds missing. Central from 17th St to 14th St looks really rough. Becoming eye sore for tourists. The northend of town we have lost multiple businesses, schools, banks, restaurants. Yet, you still want to continue to raise our property taxes so you can continue on with your wasteful spending. Start budgeting, like the citizens of Dubuque have to budget. Thank you. Julie Haberkorn Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: acesplace2508@gmail.com Dear Ms. Lee, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Lisa Lee <acesplace2508@gmail.com> Sent: Saturday, April 18, 2026 10:22 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs will be up $16.41/month - proposed City budget increases impact my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $1,400 (9.6%) → adds $6/year in property tax • Proposed levy increase (10.0637 → 10.1648) → adds $1/year • Water, sewer, curbside collection & stormwater fees → add ~$189.90/year Total estimated impact: $197/year ($16.41/month) This estimate uses City-published FY26 and FY27 data and public assessment values, combined into a single household view. These increases occur within the same calendar year (current + July changes), so they are felt together in real budgets. The estimate is conservative and does not include potential usage or additional charges. It does not replace the City's method—it shows how costs add up for residents. These increases are not abstract. They show up in my monthly budget. I am counting on you to ensure we are getting real value for this higher investment and to clearly explain these decisions and their impact on residents. Thank you. Want to see how residents are using City-published data to find out what proposed changes are going to cost? Full methodology and sources: DubuqueDeservesBetter.com/method Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: ryan-tomkins@hotmail.com Dear Mr. Tomkins, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Ryan Tomkins <ryan-tomkins@hotmail.com> Sent: Thursday, April 16, 2026 8:42 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs are up $42.66/month - the City budget impacts my spending [You don't often get email from ryan-tomkins@hotmail.com. Learn why this is important at https://aka.ms/LearnAboutSenderIdentification ] Caution! This message was sent from outside your organization. Never give your login information and password over email! City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Recent assessment increase: $68,100 (22.2%) → taxable portion adds $305/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $17/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $512/year ($42.66/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: carrie.tedore@gmail.com Dear Ms. Tedore, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: carrie.tedore@gmail.com <carrie.tedore@gmail.com> Sent: Friday, April 17, 2026 2:45 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase ? the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $68,500 (26.1%) → taxable portion adds $307/year in property tax • Proposed Levy rate increase (10.0637 → 10.1648) → adds $15/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $512/year ($42.65/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you for your service. Carrie Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: patricklydick69@gmail.com Dear Mr. Ray, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Patrick ray <patricklydick69@gmail.com> Sent: Thursday, April 16, 2026 12:49 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs are up $24.42/month - the City budget impacts my spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Recent assessment increase: $20,300 (8.1%) → taxable portion adds $91/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $12/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $293/year ($24.42/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: warrenjmeyer@gmail.com Dear Mr. Meyer, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Warren Meyer <warrenjmeyer@gmail.com> Sent: Thursday, April 16, 2026 12:19 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $24,800 (14.9%) → taxable portion adds $111/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $9/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $310/year ($25.80/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: king1339@msn.com Dear Deacon King, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Deacon Travis J. King <king1339@msn.com> Sent: Thursday, April 16, 2026 12:14 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household costs are up $21.88/month - the City budget impacts my spending [You don't often get email from king1339@msn.com. Learn why this is important at https://aka.ms/LearnAboutSenderIdentification ] Caution! This message was sent from outside your organization. Never give your login information and password over email! City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Recent assessment increase: $14,100 (7.2%) → taxable portion adds $63/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $9/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $263/year ($21.88/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Sent from my iPhone Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: mjehlers22@gmail.com Dear Mr. Ehlers, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, determine the year-to-year change, and then add those individual changes together. For example: April 19, 2026 Page 2 • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. April 19, 2026 Page 3 Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: April 19, 2026 Page 4 You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Matt Ehlers <mjehlers22@gmail.com> Sent: Thursday, April 16, 2026 10:13 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: -$20,100 (-5.5%) → taxable portion adds -$90/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $16/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $115/year ($9.61/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: kristinbauerdavis@gmail.com Dear Ms. Davis, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, April 19, 2026 Page 2 determine the year-to-year change, and then add those individual changes together. For example: • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax April 19, 2026 Page 3 calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. April 19, 2026 Page 4 Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Kristin Bauer Davis <kristinbauerdavis@gmail.com> Sent: Thursday, April 16, 2026 9:27 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending [You don't often get email from kristinbauerdavis@gmail.com. Learn why this is important at https://aka.ms/LearnAboutSenderIdentification ] Caution! This message was sent from outside your organization. Never give your login information and password over email! City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $19,400 (9.4%) → taxable portion adds $87/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $10/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $287/year ($23.92/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 19, 2026 e-mail: jbdavis275@outlook.com Dear Mr. Davis, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. If a resident is interested in understanding how their property taxes have changed over multiple years, the most accurate method is to calculate each year’s taxes separately, April 19, 2026 Page 2 determine the year-to-year change, and then add those individual changes together. For example: • Calculate Year 1 taxes using that year’s assessed value, rollback, and levy. • Calculate Year 2 taxes using that year’s values, then subtract Year 1 to find the change from Year 1 to Year 2. • Repeat the process for Year 3. • Add the Year 1→2 change and the Year 2→3 change to get the cumulative change over the three-year period. This approach aligns with how the State of Iowa requires property taxes to be calculated—one year at a time—while still offering residents a way to understand longer-term impacts. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax April 19, 2026 Page 3 calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. April 19, 2026 Page 4 Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Jason Davis <jbdavis275@outlook.com> Sent: Thursday, April 16, 2026 8:01 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $19,400 (9.4%) → taxable portion adds $87/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $10/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $287/year ($23.92/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Jason Jason B Davis 563-564-7751 jbdavis275@outlook.com Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: tammyvandermillen@live.com Dear Ms. Vandermillen, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 15, 2026 Page 2 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Tammy Vandermillen <tammyvandermillen@live.com> Date: April 14, 2026 at 7:16:31 PM CDT To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>, "David T. Resnick" <dresnick@cityofdubuque.org>, Chris Staver <cstaver@cityofdubuque.org>, Tyson Leyendecker <tleyendecker@cityofdubuque.org>, Laura Roussell <Lroussell@cityofdubuque.org>, Danny Sprank <Dsprank@cityofdubuque.org>, Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increased — please explain the budget impact Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $0 (0.0%) → adds $0/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $39/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $229/year ($19.10/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Get Outlook for iOS Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org March 26, 2026 Rob McDonald Chief Executive Officer A.Y. McDonald Manufacturing 4800 Chavenelle Rd Dubuque IA 52002 e-mail: rmcdonald@aymcdonald.com Dear Rob, Thank you for your recent service request dated March 23, 2026. I appreciate the time you took to share your thoughts about the proposed Fiscal Year 2027 property tax rate and the City's financial practices. Input from residents like you is essential to our budgeting process, and your engagement is valued. Below, I will address your questions and concerns using information from the City's FY27 budget and other official resources. Proposed Property Tax Rate and Impact on Homeowners For Fiscal Year 2027, the City is proposing a 1% increase in the property tax rate, from $10.0637 to $10.1648 for every $1,000 of assessed value. For an average homeowner in Dubuque, this means an estimated increase of about 3%—or roughly $26.67 per year. Every 1% change in the rate generates about $300,000 for the City, which helps fund services, programs, and improvement initiatives. Even with the proposed increase, Dubuque will continue to have the lowest property tax rate among Iowa’s eleven largest cities. For example, Waterloo’s rate is 114% higher, and the average among the other large cities is 53% higher. Balancing Service Additions with Potential Cuts You mentioned that residents often request new services while also asking for cuts, and that reductions are rarely made. The City’s budget policy requires that any new service be added only when there is a clear source of revenue or a proposed offsetting reduction, unless required by law. Rob McDonald March 26, 2026 Page 2 Your suggestion to review the cost-effectiveness of the greenhouse operation is appreciated. All services—including Parks & Recreation—are periodically evaluated for necessity, efficiency, and alternatives. Resident feedback on specific programs like greenhouse is welcomed and considered during departmental budget reviews. Utility Rates and Comparisons You asked how Dubuque’s fees for water, sewer, stormwater, and refuse compared to other large cities in Iowa. The City maintains public comparison documents online at www.cityofdubuque.org/budget,including the Resident’s Guide, departmental budgets, and statewide comparisons. Based on FY26 adopted rates, Dubuque compares favorably across utilities. For more information and data, please see the Resident’s Guide and the Fiscal Year 2026 Dollars and Cents, both available on the City website. These comparisons show that Dubuque is competitive. The City is second highest on Stormwater fees but has one of the most severe flooding problems in the State of Iowa, partially being dealt with by an approximately $250 million project in the Bee Branch Watershed. It’s important to look at the overall financial impact across all city services. Rob McDonald March 26, 2026 Page 3 Rob McDonald March 26, 2026 Page 4 Administrative Overhead Paid by Enterprise Funds You raised the question of whether enterprise funds (water, sewer, stormwater, refuse) subsidize the general fund and artificially lower the tax rate. To ensure fairness and accuracy: Enterprise funds pay administrative overhead to the City for services they use. These include Accounting, Budget, City Manager’s Office, Legal, HR, GIS, Communications, Planning, City Clerk, Utility Billing, and Engineering. They do not transfer excess revenue into the general fund. Administrative Overhead Cost-Sharing Structure From FY27 Budget Guidelines: 16.67% each: General Fund, Water, Sanitary Sewer, Stormwater, Refuse 8.33% Parking 8.32% Landfill (DMASWA) Engineering and Utility Billing use separate allocation formulas. This structure ensures: Each fund covers its own fair share, No enterprise fund subsidizes general operations, and Property taxes are not artificially reduced by enterprise revenues. Landfill (DMASWA): A Separate Agency Paying the City for Services You were concerned about landfill tipping fees and whether landfill revenues affect the general fund. Key points: DMASWA (the landfill) is a separate legal agency, presented as a distinct component in City finances It is financially accountable to the City, but its revenues and expenses do not mix with the City’s general fund DMASWA pays the City for services like accounting, payroll, legal, human resources, accounts payable, communications, GIS, and engineering. This arrangement helps reduce costs for taxpayers, as outside vendors would be more expensive. Sharing City infrastructure and expertise allows the landfill to operate efficiently and affordably, while remaining financially independent from the general fund. Improvement Packages: Revenue vs. Expense Columns You asked why some improvement packages show both revenue and expenses, such as the City Manager search costing $50,000 but listing $38,530 in revenue. In these cases, the “revenue” reflects non-property-tax sources like internal loans, grants, fees, or designated funds. This is meant to show the net impact on the tax levy in your example, $11,470. When administrative departments request improvement packages, the costs include corresponding overhead charges to enterprise funds, so each fund Rob McDonald March 26, 2026 Page 5 pays its share. This keeps cost-sharing fair and consistent and prevents the general fund from subsidizing enterprise funds. Transparency and Public Access to Budget Information The City is committed to transparency. All budget materials, including property tax and utility rate comparisons, Resident’s Guides, presentations, and public hearing documents—are available at www.cityofdubuque.org/budget. Current and past budget documents Presentations Residents’ Guides Property tax comparisons Utility rate comparisons Open Budget & Open Expenditures tools Public meeting schedules These resources let residents explore how tax dollars are used, compare Dubuque to other cities, and simulate budget decisions. Dubuque continues to have the lowest property tax rate among Iowa's largest cities The FY27 increase represents about $26.67 for the average homeowner Dubuque’s utility rates are competitive Enterprise funds do not subsidize the general fund—they pay for administrative overhead The landfill (DMASWA) is a separate agency that pays the City for services, lowering costs for taxpayers Improvement packages show the net tax impact after accounting for other revenue sources All budget documents, including statewide comparisons, are available at www.cityofdubuque.org/budget Thank you again for your thoughtful input and for participating in the City’s budgeting process. If you have further questions or would like to discuss these topics, please reach out—we welcome ongoing dialogue and feedback. Rob McDonald March 26, 2026 Page 6 Sincerely, Jennifer Larson Chief Financial Officer Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: rwernimont@gmail.com Dear Mr. Wernimont, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 15, 2026 Page 2 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Ron Wernimont <rwernimont@gmail.com> Sent: Tuesday, April 14, 2026 8:30 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increased — please explain the budget impact Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $488,000 (697.1%) → taxable portion adds $2,187/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $25/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $2,402/year ($200.16/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Outlook RE:Follow up comment Water Bill Inflation 7%a Year!!! From Barton,Thomas<thomas.barton@wfafinet.com> Date Tue 4/21/2026 7:21 AM To Christopher Vallee<Cvallee@cityofdubuque.org>;Mike Van Milligen<ctymgr@cityofdubuque.org> Cc Jenny Larson<Jlarson@cityofdubuque.org>;Christopher Lester<Clester@cityofdubuque.org> You don't often get email from thomas.barton@wfafinet.com.Learn why this is important Caution!This message was sent from outside your organization.Never give your login information and password over email! Allow sender I Block sender I aop_oa Thanks,all. We have a sink faucet that sometimes isn't turned off just right and it can leak a hair.Nothing special about Monday or Tuesday over the long haul. And we just don't use any water other than flushing and a little kitchen water. BUT...I'm not going to wind up in the soup line over this. I think the bottom line is I've seen an average increase of 8%a year,and that feels high to me. And you're going to explain how there's more to it than that.Understood.Just please understand where I'm coming from,too. No need to spend any more time on this one;you've more than heard me and I appreciate that. THANK YOU. On a far more serious note, I was in Iowa City in the Ped Mall Saturday night,although far earlier than when the shootings.That community for years has felt like City Government has been way too soft on crime. Not so in Dubuque. Our camera system has deterred a ton of crime,and I thank you City folks for that. It means a lot to this old Dubuquer who grew up two doors up from the White House Tavern at the comer of West Locust and Angella St.by the notorious Key Apartments, my childhood playground,where my mom was the manager.People love to say DBQ is more dangerous than it was back in the day.I can tell you firsthand that you could get you're a$$kicked in 1978,too. I wish we had today's camera system back then. Thanks for all you do. Tom Barton President BARTON WEALTH MANAGEMENT,LLC WELLS FARGO ADVISORS FINANCIAL NETWORK 4991 Radford Ct,Dubuque,IA 52002 phone.(563)556-1000 fax:(563)556-1133 thomas.barton@wfafinet.com www.bartonwealthmanagement.com From:Christopher Vallee<Cvallee@cityofdubuque.org> Sent:Monday,April 20,2026 2:41 PM To:Mike Van Milligen<ctymgr@cityofdubuque.org> Cc:Jenny Larson<Jlarson@cityofdubuque.org>;Christopher Lester<Clester@cityofdubuque.org> Subject:RE:Follow up comment:Water Bill Inflation 7%a Year!!! Mike, We have the consumption data from 7/2009 through current.And yes Mr.Barton would be correct,if he uses less than the 1,496 gallons his bill would have been the same month after month and would change with our rate increases yearly.I have updated the spreadsheet to show all consumption from 7/2009 under the Consumption History tab. Below is a snippet of Usage for March and April and it appears that there may be a very small leak occurring.I am guessing they are opened M-F and Saturday and Sundays should be Zero usage,but the last 2 weekends there was water going through the meter.I would suggest Mr.Barton create an online profile and sign up for leak alerts and he will also be able to see daily consumption.The usage on Mondays&Tuesdays seems to be higher days than the rest of the week.Is there more staff on those days? March Daily Consumption > March 1,2026-March 31,2026 Consumption Hourly Daily Monthly Date Range Total Consumption:2,287.6 Gallons 180.00 160.00 158 140.00 131 121 123 I 125 120.00 110 111 115 105 1041111151111• 0 666450 0 0 0.1 3/1 3/2 3/3 3/4 3/5 3/6 3/7 3/8 3/9 3/10 3/11 3/12 3/13 3/14 3/15 13/16 13/17 3/18 3/19 3/20 3/21 3/22 3/23 Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat Sun Mon April Daily Consumption > April 1,2026-April 20,2026 Consumption Hourly Bally Monthly Date Range Totes Consumption:1,319.6 Gallons 140.00 131 126 124 12D 120.00 115 107 103 100.00 95 91 88 80.00 60.00 40.00 20.00 49 0.00 0 0 4/1 4/2 4/3 4/4 4/5 4/6 4/7 4/8 4/9 4/10 4/11 4/12 4/13 4/14 4/15 Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thank you, Chris Vallee Utility Billing Supervisor I City of THE CITY OFDubuque DUB E City Dubuquel I,5owa 52001Street Masterpiece on the Mississippi 0:563-589-4144 i D:563-589-4242 O©O®O© 50%Discount on City Utility Bills Are you or is someone you know eligible for a 50%discount on the base rate of your monthly City utility bills(water,sewer,garbage,and stormwater)?Learn more and apply at www.cityofdubuque.org/UBdiscount From:Mike Van Milligen<ctymgr@cityofdubuque.org> Sent:Monday,April 20,2026 1:46 PM To:Christopher Vallee<Cvallee@cityofdubuque_org> Cc:Jenny Larson<Jlarsonncityofdubuque_org>;Christopher Lester<Clester@cityofdubuque_org> Subject:Follow up comment:Water Bill Inflation 7%a Year!!! Importance:High From:Barton,Thomas<thomas.barton@wfafinet.com> Sent:Monday,April 20,2026 1:36 PM To:Mike Van Milligen<ctymgr@cityofdubuque.org> Subject:Re:Water Bill Inflation 7%a Year!!! Caution!This message was sent from outside your organization.Never give your login information and password over email! Allow sender I Block sender I Report So I asked about the bill once and for years they said I was under some kind of minimum use level and paid a certain rate even if I wasn't using much water.Not sure if increased usage increases the amount of the bill proportionately. Tom Barton President BARTON WEALTH MANAGEMENT,LLC WELLS FARGO ADVISORS FINANCIAL NETWORK 4991 Radford Ct,Dubuque,IA 52002 phone:(563)556-1000 fax:(563)556-1133 thomas.barton @wfafinet.com www.bartonwealthmanagement.com From:Mike Van Milligen<ctymgr@cityofdubuque.org> Sent:Monday,April 20,2026 1:32:29 PM To:Barton,Thomas<thomas.barton@wfafinet.com> Subject:RE:Water Bill Inflation 7%a Year!!! Correct Tom,that is the property we looked at. Mike From:Barton,Thomas<thomas.barton@wfafinet.com> Sent:Monday,April 20,2026 1:21 PM To:Mike Van Milligen<ctymgrcityofdubuque.org> Subject:Re:Water Bill Inflation 7%a Year!!! I'm referring to my office at 4991 Radford Ct. Tom Barton President BARTON WEALTH MANAGEMENT,LLC WELLS FARGO ADVISORS FINANCIAL NETWORK 4991 Radford Ct,Dubuque,IA 52002 phone:(563)556-1000 fax:(563)556-1133 thomas.barton@wfafinet.com www.bartonwealthmanagement.com From:Mike Van Milligen<ctymgrcityofdubuque.org> Sent:Monday,April 20,2026 1:16:18 PM To:Barton,Thomas<thomas.barton@wfafinet.com> Subject:RE:Water Bill Inflation 7%a Year!!! Tom, I checked your water consumption.Looking at usage data by calendar year,including year-over-year percentage increases: • 2021:15,331 • 2022:18,211 (+18.8%) • 2023:20,847(+14.5%) • 2024:21,766(+4.4%) • 2025:23,547(+8.2%) Any thoughts? Mike Michael C.Van Milligen City Manager City of Dubuque 50 West 13th Street Dubuque, IA 52001 Telephone: 563-589-4110 Fax:563-589-4149 www.cityofdubuque.org Dubuque: Masterpiece on the Mississippi Before printing this e-mail,please determine if it is truly necessary ***Please note, I do not expect a reply outside of business hours or on weekends.*** From:Barton,Thomas<thomas.barton@wfafinet.com> Sent:Monday,April 20,2026 9:56 AM To:Brad Cavanagh<Bcavanagh@cityofdubuque.org>;David T.Resnick<dresnick@citvofdubuque.org>;Chris Stayer<cstaver@citvofdubuctue.org>;Tyson Leyendecker <tleyendecker@cityofdubuque.org>;Laura Roussel!<Lroussell@citvofdubuoue.org>;Danny Sprank<Dsorank@citvofdubuaue.org>;Katy Wethal<Kwethal@citvofdubuaue.org>;Mike Van Milligen <ctymgr@citvofdubuaue.org> Subject:RE:Water Bill Inflation 7%a Year!!! You don't often get email from thomas.barton(uliwfafinet.con.I earn why this is important Check that.Water bill is now$60,so the inflation rate is now 8.44%a year over the past 17 years. Tom Barton President BARTON WEALTH MANAGEMENT,LLC WELLS FARGO ADVISORS FINANCIAL NETWORK 4991 Radford Ct,Dubuque,IA 52002 phone:(563)556-1000 fax:(563)556-1133 thomas.barton@wfafinet.com www.bartonwealthmanagement.com From:Barton,Thomas Sent:Wednesday,April 15,2026 7:58 AM To:bcavanagh@cityofdubuque.org;dresnick@cityofdubuque.org;cstaver@cityofdubuque.org;tleyendecker@cityofdubuque.org;Iroussell@cityofdubuque.org;dsprank@cityofdubuque.org; kwethal@cityofdubuque.org;ctymgr:@cityofdubuque.org Subject:Water Bill Inflation 7%a Year!!! Council Members and Mike, First off,THANK YOU for all you do.I have five terms on school board in similar moccasins and the sleddin'is tougher today than it's ever been. I appreciate what you folks do. When I opened my office in Dubuque in 2009, my water bill was$15 a month. It's now$50.That's a 233%increase in 17 years,or 7.34%a year compounded. 7.34%!Total inflation over that period is 54%or 2.57%compounded.No showers,no car washing, no kids'pools;we still flush a few times a day and drink a little water in our little 1000 square foot office.That's it. How can we be so far above the inflation rate?It's just too much.Some relief would make a lot of sense. Thank you. Tom Barton President BARTON WEALTH MANAGEMENT,LLC WELLS FARGO ADVISORS FINANCIAL NETWORK 4991 Radford Ct,Dubuque,IA 52002 phone.(563)556-1000 fax:(563)556-1133 thomas.barton©wfafinet.com www.bartonwealthmanagement.com This email may be an advertisement or solicitation for products and services.Opt-out from promotional emails. Investment products and services are offered through Wells Fargo Advisors Financial Network,LLC(WFAFN),member FINRA/SIPC,a registered broker dealer and nonbank affiliate of Wells Fargo &Company.1 North Jefferson,St.Louis,MO 63103.WFAFN uses the trade name Wells Fargo Advisors.Any other referenced entity is a separate entity from WFAFN. If you need assistance with documents that may be attached,please contact the sender of this message. View our Electronic communications guidelines. FINET123456 Service Request 230892 Record Info Request ID: 230892 Request Type: City Manager Service Request_INTERNAL ONLY Priority: 1 Entered By: Svalenti@cityofdubuque.org Date Submitted: 4/24/2026 11:43:00 AM Cross Street: Address: Dubuque District: Comments: From:Alex Gaul Sent: Thursday,April 23, 2026 6:52 AM Subject: Re: Greenhouse I haven't heard back on this, but I was reading the Telegraph Herald today and saw that greenhouse payroll is reported at roughly$500,000. Steve Fehsal mentioned there are 3 full-time employees,4 part-time, and 1 employee shared with Public Works. I understand there are additional employment costs like taxes and benefits, but even factoring that in, the total still seems high for what would effectively be 3 full-time employees and about 5 part-time equivalents(assuming the shared employee splits time roughly 50/50). Using the City's published wage charts, a Parks Groundskeeper or Parks Landscape employee at a Step 3 rate is just under$35,000 annually(based on the July 2025-June 2026 schedule). Based on that, I'm trying to reconcile how the greenhouse payroll reaches the $500,000 range. Are there additional employees, supervisory roles, or other payroll allocations(overtime, seasonal labor, or overhead) included in that number that weren't mentioned? Thanks, Alex Gaul 995 Richards Rd On Tue,Apr 14, 2026 at 8:52AM Alex Gaul wrote: I would like to better understand your position on not considering the greenhouse as a potential area for budget review. It seems reasonable that all departments should be open to evaluation when looking for efficiencies and cost savings. Is it possible that this area has simply gone unreviewed for some time? Many worthwhile improvements begin with a single perspective and are strengthened through further review and discussion. As a homeowner and taxpayer, I take seriously the amount we contribute, and it would be reassuring to know that all areas of spending are being thoughtfully and objectively reviewed. I believe most residents would expect an open-minded approach when it comes to managing public funds responsibly. I would appreciate any additional context you can provide on this. Thank you, Alex Gaul Private Notes: Was resident contacted: Yes How was resident Email contacted: Summary of resident An email with details related to the questions asked was sent directly to the resident. response: Submitter Info Name: Gaul,Alex Email: alexmgaul@gmail.com Address: 995 Richards Rd Dubuque, IA 52003 Phone#: Extension: Alt. Phone#: Extension: Notify: ❑ Activity List Date: 4/24/2026 11:43:00 AM User: Svalenti@cityofdubuque.org Comments: Service Request Open - ID 230892 Routed To: Comments: From:Alex Gaul Sent: Thursday,April 23, 2026 6:52 AM Subject: Re: Greenhouse I haven't heard back on this, but I was reading the Telegraph Herald today and saw that greenhouse payroll is reported at roughly$500,000. Steve Fehsal mentioned there are 3 full-time employees,4 part-time, and 1 employee shared with Public Works. I understand there are additional employment costs like taxes and benefits, but even factoring that in, the total still seems high for what would effectively be 3 full-time employees and about 5 part-time equivalents(assuming the shared employee splits time roughly 50/50). Using the City's published wage charts, a Parks Groundskeeper or Parks Landscape employee at a Step 3 rate is just under$35,000 annually(based on the July 2025-June 2026 schedule). Based on that, I'm trying to reconcile how the greenhouse payroll reaches the $500,000 range. Are there additional employees,supervisory roles, or other payroll allocations(overtime, seasonal labor, or overhead) included in that number that weren't mentioned? Thanks, Alex Gaul 995 Richards Rd On Tue,Apr 14, 2026 at 8:52AM Alex Gaul wrote: I would like to better understand your position on not considering the greenhouse as a potential area for budget review. It seems reasonable that all departments should be open to evaluation when looking for efficiencies and cost savings. Is it possible that this area has simply gone unreviewed for some time? Many worthwhile improvements begin with a single perspective and are strengthened through further review and discussion. As a homeowner and taxpayer, I take seriously the amount we contribute, and it would be reassuring to know that all areas of spending are being thoughtfully and objectively reviewed. I believe most residents would expect an open-minded approach when it comes to managing public funds responsibly. I would appreciate any additional context you can provide on this. Thank you, Alex Gaul Date: 4/24/2026 11:43:00 AM User: Svalenti@cityofdubuque.org Comments: Service Request rerouted to Jlarson@cityofdubuque.org, Mkalcevi@cityofdubuque.org REMINDER: Please select"On Hold" button at the top (select reason - ready for CMO review) to indicate request has been completed. From: Mike Van Milligen Sent: Friday,April 24, 2026 7:42 AM To: Stephanie Valentine Cc:Jenny Larson ; Laura Bendorf; Matthew Kalcevich ; Cori Burbach Subject: Please refer to Jennifer and Matt: Greenhouse Date: 4/24/2026 4:57:00 PM User: Mkalcevi@cityofdubuque.org Comments: Please let us know of anything else we can do to help. Service Request 230580 Record Info Request ID: 230580 Request Type: City Manager Service Request_INTERNAL ONLY Priority: 1 Entered By: Svalenti@cityofdubuque.org Date Submitted: 4/10/2026 8:53:00 AM Cross Street: Address: Dubuque District: Comments: From: Paul Schultz Date:April 8, 2026 at 8:36:42 PM CDT Subject:Administrative recharges The recharges spiking the monthly solid waste fees are a vastly disproportionate % of revenue compared to the three water fees. $2.3M in overhead subsidies to the General Fund is over 30% of the yearly SW Program Revenue.This overhead recharge is greater than the total wages and benefits of the solid waste collection activity. Excessive! The recharge system and formula goal is not fair but being partially used as a means to brag about Dubuque having the lowest property tax rate among the 10 largest cities. Enterprise Funds by law are to only pass on legitimate public utility expenses thru their user fees and not subsidize property owners thru the General Fund. I realize that this huge recharge problem may not be able to be fixed this late in this year, but I should be started next year. Paul Schultz 1040 Carmel Dr Apt 387 Dubuque, IA 52003 563.845.1714 Private Notes: Was resident contacted: Yes How was resident Email contacted: Summary of resident Good morning, Paul,Thank you for taking the time to share your concerns regarding the response: administrative overhead recharges affecting the enterprise funds, particularly the solid waste collection activity. Your feedback is valuable, and we recognize the importance of ensuring that cost allocations are fair and transparent.As we plan for future years,we will carefully review these allocations to strive for greater equity in the cost-sharing process. Please know that your input will be considered as we work to make improvements. Thank you again for bringing this issue to our attention. Submitter Info Name: Schultz, Paul Email: schultzpf777@hotmail.com Address: 1040 Carmel Dr Apt 387 Dubuque, IA 52003 Phone#: 563-845-1714 Extension: Alt. Phone#: Extension: Notify: ❑ Activity List Date: 4/10/2026 8:53:00 AM User: Svalenti@cityofdubuque.org Comments: Service Request Open - ID 230580 Routed To: Comments: From: Paul Schultz Date:April 8, 2026 at 8:36:42 PM CDT Subject:Administrative recharges The recharges spiking the monthly solid waste fees are a vastly disproportionate % of revenue compared to the three water fees. $2.3M in overhead subsidies to the General Fund is over 30% of the yearly SW Program Revenue.This overhead recharge is greater than the total wages and benefits of the solid waste collection activity. Excessive! The recharge system and formula goal is not fair but being partially used as a means to brag about Dubuque having the lowest property tax rate among the 10 largest cities. Enterprise Funds by law are to only pass on legitimate public utility expenses thru their user fees and not subsidize property owners thru the General Fund. I realize that this huge recharge problem may not be able to be fixed this late in this year, but I should be started next year. Paul Schultz 1040 Carmel Dr Apt 387 Dubuque, IA 52003 563.845.1714 Date: 4/10/2026 8:53:00 AM User: Svalenti@cityofdubuque.org Comments: Service Request rerouted to Jlarson@cityofdubuque.org REMINDER: Please select"On Hold" button at the top(select reason - ready for CMO review) to indicate request has been completed. From: Mike Van Milligen Sent: Thursday,April 9, 2026 10:04 AM To: Stephanie Valentine Cc:Jenny Larson ; Cori Burbach Subject: please refer to Jennifer:Administrative recharges Date: 4/13/2026 9:07:00 AM User: Jlarson@cityofdubuque.org Comments: E-mailed resident Date: 4/14/2026 1:22:00 PM User: Svalenti@cityofdubuque.org Comments: emailed to the City Manager and the Assistant City Manger. 04/14/2026 at 1:21 pm Service Request 230563 Record Info Request ID: 230563 Request Type: City Manager Service Request_INTERNAL ONLY Priority: 1 Entered By: Svalenti@cityofdubuque.org Date Submitted: 4/8/2026 3:11:00 PM Cross Street: Address: Dubuque District: Comments: From: Paul Kern Date:April 8, 2026 at 12:19:06 PM CDT Subject: Request for Greater Budget Transparency and Clarification After watching the recent budget meetings, I noticed that the presentations primarily show prior year figures, last year's budget, and the requested budget for each department. However, I did not see a clear comparison to the actual amounts spent by each department relative to those budgets. Could you please explain why actual expenditures are not included alongside the requested figures?Adding a simple line item that shows the actual amount spent for each year would provide valuable transparency and allow for a more accurate evaluation of departmental budgeting. As it stands,the proposed future budgets appear to reflect administrative decisions rather than being grounded in demonstrated spending patterns. Including actual expenditure data would help ensure accountability and better inform both council members and the public. Additionally, I am concerned about the significant increase in the Engineering Department's employee budget,which appears to have nearly doubled over a two-year period despite the addition of only one full-time employee. This raises questions that I believe warrant closer review and explanation. I respectfully request that these concerns be addressed and that future budget presentations include actual spending data for clarity and accountability. Regards, Paul Kern 74 S Grandview Ave Dubuque, IA 52003 Private Notes: Was resident contacted: Yes How was resident Email contacted: Summary of resident Dear Mr. Kern,Thank you for your thoughtful feedback regarding the City of Dubuque's response: budget process and your suggestions for enhancing transparency, particularly regarding the inclusion of actual departmental expenditures alongside budgeted and requested figures. We appreciate your engagement and advocacy for clear, accountable public budgeting.You are correct that the City's recommended budget documents—such as the FY 2027 Policy Budget, Residents Guide, and Capital Improvement Program—primarily present prior year figures,the previous year's adopted budget, and the requested budget for each department. The City's current budget format is designed to provide a comprehensive overview of departmental goals, objectives,and resource allocations, and to facilitate public understanding of major policy decisions and service levels. However, as you noted,the main summary tables and presentations do not always display a direct, side-by-side comparison of actual expenditures versus budgeted amounts for each department in the same line item. Instead, actual expenditures for the two most recent years are included in the detailed financial reports and line-item summaries within the Policy Budget document. For example, the Engineering Department's section includes tables showing two years of actual expenses, the prior year's adopted budget, and the recommended budget for the new fiscal year, broken down by expense category(employee expense, supplies and services, equipment, etc.).This approach is consistent with the City's adopted budget and fiscal policy guidelines, which emphasize transparency, fiscal control, and performance measurement.The City also provides annual audited financial statements that compare actual expenditures to budgeted amounts at the fund level, as required by state law. We recognize that including a clear, consolidated line item for actual expenditures alongside budgeted and requested figures in the main departmental summaries would provide additional value for residents and council members. Your suggestion aligns with best practices in public budgeting and would further support accountability and informed decision-making. We will consider your feedback as part of our ongoing efforts to improve the budget process.The City is committed to continuous improvement and welcomes resident input on how to make our financial documents more accessible and useful. I also want to address your concern regarding the significant increase in the Engineering Department's employee budget.After a recent internal review, it was discovered that, in the FY25 budget, we inadvertently omitted $1,477,520 in FY 2025 salaries that were charged to capital projects and the related internal service recharges for the same amount.The related internal service recharges move the salaries from the operating budget to the capital budget in order to charge employee time to the specific capital projects.This omission resulted in an understatement of the department's operating employee expense for FY25. We have since corrected this error, and the revised budget document now accurately reflects the amount of Engineering salaries in FY25.The updated document is attached for your reference. We appreciate your attention to detail and your commitment to transparency.The City strives to provide clear explanations for all significant budget changes, and we are committed to continuous improvement. Your request for the City to include actual spending data in future budget presentations is well-taken, and your recommendation will be formally documented and considered as we review and update our budget presentation practices for future years. Submitter Info Name: Kern, Paul Email: paul@pkaflic.com Address: 74 S Grandview Ave Dubuque, IA 52003 Phone#: 563-599-1329 Extension: Alt. Phone#: Extension: Notify: ❑ Activity List Date: 4/8/2026 3:11:00 PM User: Svalenti@cityofdubuque.org Comments: Service Request Open - ID 230563 Routed To: Comments: From: Paul Kern Date:April 8, 2026 at 12:19:06 PM CDT Subject: Request for Greater Budget Transparency and Clarification After watching the recent budget meetings, I noticed that the presentations primarily show prior year figures, last year's budget, and the requested budget for each department. However, I did not see a clear comparison to the actual amounts spent by each department relative to those budgets. Could you please explain why actual expenditures are not included alongside the requested figures?Adding a simple line item that shows the actual amount spent for each year would provide valuable transparency and allow for a more accurate evaluation of departmental budgeting. As it stands,the proposed future budgets appear to reflect administrative decisions rather than being grounded in demonstrated spending patterns. Including actual expenditure data would help ensure accountability and better inform both council members and the public. Additionally, I am concerned about the significant increase in the Engineering Department's employee budget, which appears to have nearly doubled over a two-year period despite the addition of only one full-time employee.This raises questions that I believe warrant closer review and explanation. I respectfully request that these concerns be addressed and that future budget presentations include actual spending data for clarity and accountability. Regards, Paul Kern 74 S Grandview Ave Dubuque, IA 52003 Date: 4/8/2026 3:24:00 PM User: Svalenti@cityofdubuque.org Comments: Service Request rerouted to Jlarson@cityofdubuque.org REMINDER: Please select"On Hold" button at the top(select reason - ready for CMO review) to indicate request has been completed. From: Mike Van Milligen Sent: Wednesday,April 8, 2026 2:46 PM To: Stephanie Valentine Cc:Jenny Larson ; Cori Burbach Subject: Please refer to Jenninfer: Request for Greater Budget Transparency and Clarification Date: 4/13/2026 9:43:00 AM User: Jlarson@cityofdubuque.org Comments: Responded to resident by email. Date: 4/14/2026 1:26:00 PM User: Svalenti@cityofdubuque.org Comments: Emailed to City Manager and Assistant City Manager. 4/14/2026 at 1:25 pm Outlook RE: One question and some comments From Jenny Larson <Jlarson@cityofdubuque.org> Date Tue 3/24/2026 12:47 PM To Clark Scholz <clarkscholz34@gmail.com> Cc Mike Van Milligen <ctymgr@cityofdubuque.org>; Laura Bendorf <Lbendorf@cityofdubuque.org> Hi Clark, You can access all budget documents on the City's website—just visit the budget page at https://www.cityofdubuque.org/85/Budget. For previous years, use the links in the left-hand column. If you're interested in the 2026 Resident's Budget Guide specifically, here's a direct link: https://www.cityofdubuque.org/DocumentCenter/View/60544. Our property tax benchmarks begin in 1989, the year Dubuque adopted a 1% local option sales tax, leading to significant savings for property owners. Since 2010, residential property taxes have increased by an average of $20.25 per year, with an annual percentage change of 3.03% over the last seventeen years. For the Parks and Recreation Department, the Greenhouse activity's adopted Fiscal Year 2026 budget is $573,984, funded entirely by property taxes. All enterprise funds contribute to administrative overhead for services provided by various departments, including Finance Accounting and Budget, City Manager's Office, Sustainability, GIS, Communications, Human Resources, Planning, City Clerk's Office, Legal Services, Utility Billing, Engineering Administration, and Project Engineering. With the exception of Engineering and Utility Billing, administrative departments' net operating budgets are distributed among the following funds: - General Fund: 16.67% - Water Fund: 16.67% - Sanitary Sewer Fund: 16.67% - Stormwater Fund: 16.67% - Refuse Fund: 16.67% - Parking: 8.33% - Landfill: 8.32% Engineering Administration and Project Engineering net operating budgets are charged equally to the General, Water, Sanitary Sewer, and Stormwater funds (25% each). Utility Billing costs are evenly divided among the Water, Sanitary Sewer, Stormwater, and Refuse funds (25% each). Below are the changes to your City share of taxes resulting from the property revaluation on January 1, 2025, applicable to taxes paid in September 2026 and March 2027: 2925 Burlington 2027 2026 $ Chg % Chg $ $ Total Assessed Value 88,000 74,900 $13,100 17.49% Residential Rollback 44.5345% 47.4316% 6.51% $ $ Gross Taxable Value 39,190 35,526 $3,664 10.31% Homestead 65+ $ $ Exempt (6,500) (6,500) $ $ Net Taxable Value 32,690 29,026 $3,664 12.62% City Rate $ $ Proposed/Adopted 10.16480 10.06372 $ 0.10 1.00% $ $ Gross City Taxes 332.29 292.11 $ 40.18 13.75% $ $ Homestead Credit (49.30) (48.81) $ (0.49) 1.00% $ $ Net City Taxes 282.99 243.30 $ 39.69 16.31% Based on the proposed tax rate of$10.16480 for Fiscal Year 2027, your net City taxes are projected to increase by 16.31%, or$39.69.. Let me know if you have any questions or need additional details. Best Regards, THE CITY OF Jenny Larson (she/her/hers) DUB Chief Financial Officer I City of Dubuque City Hall 150 W. 13th St., Dubuque, IA, 52001 Masterpiece on the Mississippi 0: 563.589.4322 (M-Th 7:30am -5pm & Fri. 7:30am- noon) Finance & Utility Billing Hours: Monday— Thursday 7 am — 5 pm and Friday 7am — 1 pm From: Mike Van Milligen <ctymgr@cityofdubuque.org> Sent:Tuesday, March 24, 2026 11:38 AM To: Clark Scholz<clarkscholz34@gmail.com> Subject: RE: One question and some comments Thank you Clark. We will answer your questions. Mike From: Clark Scholz<clarkscholz34@gmail.com> Sent:Tuesday, March 24, 2026 11:35 AM To: Mike Van Milligen <ctymgr@cityofdubuque.org> Subject: One question and some comments Caution!This message was sent from outside your organization. Never give your login information and password over email! Allow sender I Block sender I Report Question: I am having trouble finding the FY2026 Resident's Guide, where can I find it? Comments: 1. Your presentation on page 7 indicates a 1.52% annual increase since 1989. I believe that having 36 years of data may skew that figure. I believe using the average rate from 2010 may more accurately reflect conditions faced today. 2. I see Mr. McDonald is already trying out some issues(Grand Standing) for the 2027 election. I will admit Mr. McDonald may have a point on the Greenhouse and the enterprise funds going to the general fund. What is the budget for the Greenhouse and can you clear up the enterprise fund issue? 3. If Mr. McDonald would read the FY2026 Dollar and Cents flyer he would get his answer on city fees for water/sewer/garbage rates. 4. Using publically available information on Beacon. Mr. McDonald would have a 3.21% increase in city taxes paid using $10.16 levy rate. If you use a 0% increase on average home owner the levy rate is $9.86. This would result in a 0.91% increase in city taxes paid or $3.57. The Northend property owners would still face a near 13% (16% if the levy is $10.16) increase. I have the mathematics too back this up. My comment too Mr. Mc Donald and our newest council members is "Really". They can honestly justify this, "really"? Maybe I should be great full foe a 13% increase instead of 16% but comparing it too 0.91% "Really"? Please share this with all the council members, especially our newly elected members. I will be attending the AprIL 6, 2026 meeting too ask any council member too look the tax payer in the eye and justify a levy rate that results in the Northend taking double digit % increases versus a average home owner 0%, what makes the and Mr. McDonald so special. Sorry for the long email but there are some council members ( and citizens) that can't see the forest through the trees. By the way I do believe I stand a better chance of being the next city manger before we see a $9.86 levy rate. Thank for letting me vent. Clark Schloz P.E. 2925 Burlington Street Dubuque, Iowa 52001 563-357-7214 Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: phdbq@msn.com Dear Mr. Henkes, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. April 15, 2026 Page 2 It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 15, 2026 Page 3 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: PERRY HENKES <phdbq@msn.com> Sent: Tuesday, April 14, 2026 11:30 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending [You don't often get email from phdbq@msn.com. Learn why this is important at https://aka.ms/LearnAboutSenderIdentification ] Caution! This message was sent from outside your organization. Never give your login information and password over email! City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $58,800 (16.8%) → taxable portion adds $264/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $18/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $472/year ($39.31/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. PH Sent from my iPhone Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: nickbreitfelder@gmail.com Dear Mr. Breitfelder, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. April 15, 2026 Page 2 It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 15, 2026 Page 3 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Nick Breitfelder <nickbreitfelder@gmail.com> Sent: Tuesday, April 14, 2026 8:01 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: Tax increase and utility admin overhead Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $42,200 (16.2%) → adds $189/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $14/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189/year Total estimated household impact: $393/year ($32.75/month) I have adjusted these to include the 3% rollback change for residential properties. I would love to see the City Council ask the real question about administrative overhead charges to our utilities, as they are required by law to match actual usage of the administration by that utility. Jenny Larson's answer during the budget hearing was that they do not tie to specific usage by the utility. This would make them an illegal property tax levy increase, not a legal charge to the utility. Thank you. Nick Breitfelder 2005 Broadlawn Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: pkaflic@gmail.com Dear Mr. Kern, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. April 15, 2026 Page 2 It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. April 15, 2026 Page 3 The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Paul Kern <pkaflic@gmail.com> Sent: Tuesday, April 14, 2026 8:36 PM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increased — please explain the budget impact Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $31,000 (8.7%) → taxable portion adds $139/year in property tax • Levy rate increase (10.0637 → 10.1648) → adds $17/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $346/year ($28.85/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. Thank you. Paul Kern Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 15, 2026 e-mail: jason@dubuquept.com Dear Mr. Meyer, Thank you for reaching out and for taking the time to look into how the City’s budget may affect your household. It has come to our attention that the “Dubuque Deserves Better” property tax and utility fee impact calculator contains several inaccuracies. Because of these issues, the results it produces do not reflect actual City tax or utility impacts. Combining taxes and fees into a single figure fundamentally alters the context, as property taxes and utility fees are calculated using entirely distinct methods. Property taxes rely on the formula: assessed value × rollback × levy rate. In contrast, utilities are based on usage or flat service charges determined by separate enterprise funds. Merging these two creates a composite number that fails to represent any actual billing process, rendering it ineffective for evaluating specific changes in property taxes. Instead, this approach answers a broader question but cannot accurately measure tax adjustments. Examining assessments from 2023 and 2026 to gauge changes misrepresents annual tax fluctuations. Property taxes are calculated and billed each year, based on that year’s assessment, rollback, and levy. A multi-year comparison blends years with varying rollback rates and levy rates, often skipping intermediate adjustments. While this method can reveal longer-term trends, it does not reflect the actual tax change residents will see for the upcoming year. When looking at multi-year shifts, the significant impact of the 6.11% rollback decrease this year can be obscured. The residential rollback reduction lowers taxable value for April 15, 2026 Page 2 nearly every home, but a multi-year average can mask this critical change, causing single-year decreases shown in the city’s calculator to disappear in broader trend tools. It’s important to recognize that property taxes are not just determined by your home’s assessed value; they are also affected by your share of the city’s total property value. A calculator that considers only your assessed value without accounting for citywide changes cannot accurately show whether your share of the levy has increased or decreased. In fact, if your home’s value grows less than the city average, your taxes could go down—even if your assessment, the levy, and your fees all rise. This nuance is lost in combined calculators. While residents certainly care about their total household costs—including taxes and utilities—combining these figures does not reveal whether the property tax portion is increasing or decreasing. It does not mirror the city’s legal method for calculating taxes and does not match what appears on a property tax statement. Thus, it answers, “What is my combined cost of living?” rather than, “Did my property taxes go up?” Both questions matter, but they are fundamentally different. Single-year tax calculators are not limited in their scope; rather, they adhere to state law by using the assessment, rollback, and levy for one year. This is precisely how Iowa property taxes are calculated. While multi-year, combined tools can shed light on overall household expenses and broader financial pressures, they cannot replace the state’s formula or verify the accuracy of the city’s tax model. In summary, tools that combine costs can help residents visualize the total cost of living, but they do not measure property tax changes, reflect taxable value, include rollback effects, or show how the levy share shifts. Nor do they represent the state’s annual tax calculation process. This distinction explains why conclusions drawn from the city’s tax model may diverge from those shown by combined-cost tools. Key Issues with the External Calculator: Incorrect assessment inputs. The tool instructs residents to enter assessment figures that do not align with actual assessment cycles. The tool compares FY2025 (based on 1/1/2023 assessments) to FY2028 (based on 1/1/2026 assessments). This is not an accurate way to calculate changes. A correct comparison would use FY2026 (1/1/2024 assessments) and FY2027 (1/1/2025 assessments). Miscalculated tax changes. The methodology used does not reflect the City’s actual levy structure and results in overstated increases of approximately four times the actual increase. April 15, 2026 Page 3 Incorrect utility fee calculations. The tool does not apply the City’s recommended Fiscal year 2027 monthly rate changes, leading to inaccurate household cost estimates. The tool is calculating an estimated 2.6 times the actual increase. The proposed utility rates for Fiscal Year 2027 compared to those adopted for Fiscal Year 2026 are: Autogenerated messages without addresses. Many inquiries we are receiving through this tool do not include a property address, making it impossible to verify or correct information on a case-by-case basis. Because of these problems, the City is encouraging residents to rely on official tools and information. For accurate information: You can access the City’s official property tax and utility impact calculator, which uses verified data and correct year-to-year comparisons. The tool can be found at the following link: www.cityofdubuque.org/FY2027budget. We have also provided the Excel worksheet that shows the correct calculation method, so you can see exactly how the numbers are derived. April 15, 2026 Page 4 We appreciate your engagement and hope this helps clarify the situation. Please let us know if you have any questions about how your specific property may be affected. Sincerely, Jennifer Larson Chief Financial Officer From: Jason Meyer <jason@dubuquept.com> Sent: Wednesday, April 15, 2026 6:29 AM To: Brad Cavanagh <Bcavanagh@cityofdubuque.org>; David T. Resnick <dresnick@cityofdubuque.org>; Chris Staver <cstaver@cityofdubuque.org>; Tyson Leyendecker <tleyendecker@cityofdubuque.org>; Laura Roussell <Lroussell@cityofdubuque.org>; Danny Sprank <Dsprank@cityofdubuque.org>; Katy Wethal <Kwethal@cityofdubuque.org> Subject: My household cost increase — the City budget impacts my monthly spending Caution! This message was sent from outside your organization. Never give your login information and password over email! Allow sender | Block sender | Report City Council, I am a Dubuque resident and my household costs have increased significantly. Here is my estimated impact: • Assessment increase: $237,800 (27.6%) → taxable portion adds $1,066/year in property tax • Proposed levy rate increase (10.0637 → 10.1648) → adds $50/year • Water, sewer, curbside collection & stormwater fee increases → adds ~$189.90/year Total estimated household impact: $1,305/year ($108.76/month) These increases are not abstract. They show up in my monthly budget. I am counting on you to make sure we are getting real value for our much higher investment. Please provide a clear explanation of how these budget decisions were made and what residents are getting in return. This will ultimately be passed on to tenants which of course they will try to pass on. Wish you could figure out how to pay within a budget. It's easy to spend other people's money. Thank you. Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 27, 2026 Rob McDonald 3399 Eagle Point Drive Dubuque, IA 52001 E-mail: RMcDonald@aymcdonald.com Dear Rob, I am writing to provide an overview of the City’s approach to administrative cost allocation and its impact on utility rates and the General Fund. The City's fiscal policy dictates that any fund benefiting from administrative services must contribute proportionally to the associated costs. This policy is designed to protect the General Fund from unintended subsidies and ensures that utility rates charged to residents accurately reflect the full cost of operating Water, Sewer, Stormwater, Refuse Collection, Parking, and Landfill services. Administrative Overhead Recharges (AOR) are a widely accepted governmental accounting practice. External auditors expect cost allocations to be reasonable, consistent, and clearly documented. It is important to note that the City’s AOR calculation is not only clearly documented but also formally adopted by City Council as part of the annual budget process, ensuring transparency and accountability. The Phase-In Period (2013–2024) The City’s current cost-allocation model was not implemented all at once. The modern method was introduced in FY2013 and phased in over more than ten years, with full implementation reached in approximately FY2024–FY2025. This gradual approach was adopted for several reasons: Avoid rate shocks to utility customers Allow enterprise funds to gradually absorb their appropriate share Prevent sudden budget reductions for General Fund departments Provide time for organizational restructuring Rob McDonald April 27, 2026 Page 2 By FY2024–FY2025, nearly all major enterprise funds had reached full implementation, which explains why AOR amounts began reflecting the full allocation percentages in recent years. How AOR Is Calculated (FY27 Example) Each administrative department’s total annual budget is allocated to the funds receiving services from that department. The formulas used are consistent, auditable, and thoroughly documented. The calculation methodology is reviewed and approved by City Council annually, ensuring that the allocation process is both transparent and officially sanctioned. 1. Even-Split Administrative Departments (16.67% each): Departments that support all major funds equally (Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, GIS) have their budgets split evenly among General Fund, Water, Sanitary Sewer, Stormwater, Refuse/Solid Waste, and Parking/Landfill. 2. Utility Billing (25% to each utility): Costs are distributed only among the utilities appearing on customer bills: Water, Sewer, Stormwater, Refuse. 3. Engineering Admin & Project Engineering (25% Four-Way Split): These overhead costs (not assigned to capital projects) are shared evenly among General Fund, Water, Sewer, and Stormwater. These allocations correspond with the structure shown in the FY27 Administrative Overhead spreadsheet. Why AOR Is Necessary Without AOR, utility rates would be understated Property taxpayers would subsidize utility operations Long-term capital planning would be distorted Utilities would eventually face larger rate increases to “catch up” Accurate cost allocation is required for responsible budgeting and audit compliance It is essential to clarify that recommended enterprise fund rate increases are primarily driven by the capital needs of the City’s utility operations, not by administrative overhead recharges. The increases are due to substantial investments required to maintain and replace infrastructure, vehicles, and equipment within the enterprise funds, rather than rising operating costs or administrative allocations. Rob McDonald April 27, 2026 Page 3 From Fiscal Year 2026 through Fiscal Year 2031, the City is planning significant capital investments, including: $239,827,415 for infrastructure improvements $1,584,932 for vehicles and equipment $240,793,347 total over the six-year period These long-term capital, vehicle, and equipment needs, essential for maintaining reliable and compliant Water, Sanitary Sewer, Stormwater, and Refuse services, are the primary reason for the recommended enterprise fund rate increases. The Administrative Overhead Recharge is a consistent, policy-driven, auditor-supported method for assigning administrative costs to the funds using those services. The system has been in place for more than a decade, with gradual implementation to ensure fairness, transparency, and stability. Staff will continue to review and refine the allocation model to maximize equity and avoid sudden financial impacts across funds. We appreciate you reaching out, and we’re happy to answer any additional questions you may have. Sincerely, Jennifer Larson Chief Financial Officer TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Chief Finance Officer SUBJECT: Administrative Overhead Recharge DATE: April 16, 2026 INTRODUCTION The purpose of this memorandum is to provide requested information on the Administrative Overhead Recharge. BACKGROUND Administrative overhead recharges play a critical role in ensuring the City’s budgeting, rate- setting, and financial reporting remain accurate, equitable, and aligned with Council‑adopted fiscal policy. The practice reflects the City’s long-standing guideline that those who utilize or directly benefit from a service should also help pay for it, as outlined in the FY27 Budget & Fiscal Policy Guidelines. DISCUSSION The City’s fiscal policy establishes that Enterprise Funds—Water, Sewer, Stormwater, Refuse Collection, Parking, and others—are intended to be self-supporting through user fees. Administrative departments such as Finance, Engineering, Legal, Planning, the City Manager’s Office, City Clerk, and Communications provide essential support to these utilities. Recharging ensures enterprise Funds cover their fair share of administrative and overhead costs, the General Fund is not subsidizing utility operations through property taxes, cost-of-service principles are applied consistently across departments. Accurate and complete accounting of all costs, including administrative support, is essential for establishing utility rates that reflect the true cost of service. Without recharging, rates would appear artificially low, enterprise Funds would understate operating costs, future rate increases might be larger when unaccounted costs surface, long-term utility planning and capital investment decisions could be distorted, and property taxpayers would be subsidizing enterprise funds. Recharging is a widely accepted governmental accounting practice. External auditors expect administrative costs to be allocated reasonably and consistently. Transparent and well-documented overhead allocation supports the City’s award-winning financial management practices, ensures compliance with accounting standards, and reduces audit risk associated with inconsistent or incomplete cost allocation. 2 The calculation of administrative overhead includes Engineering Admin and Project Management costs not assigned to capital projects are split evenly between Water, Sanitary Sewer, Stormwater, General Fund (25% cost share). Finance and General Administrative Department’s net cost is split evenly among Water, Sanitary Sewer, Stormwater, Solid Waste Collection, General Fund (16.67% cost share). Parking and Landfill split a share (8.33% cost share). Administrative departments include Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, and GIS. Utility Billing cost is split evenly among enterprise funds appearing on customer bills Water, Sanitary Sewer, Stormwater, Solid Waste Collection (25% cost share). Administrative overhead recharges are essential for maintaining the integrity of the City's financial policies, ensuring fair cost distribution across all funds, supporting accurate rate-setting and long-term planning, preserving transparency for both Council and residents, and protecting the General Fund from unintended subsidies. The policy framework, and its careful, phased implementation over time, ensures that each fund pays an appropriate share of the administrative services on which it relies. As we plan for future years, we will carefully review these allocations to strive for maximum equity in the cost-sharing process. Any modifications should be implemented over several years, to avoid significant changes for any one entity. Attachments 16.67 %16.67 %16.67 %16.67 %3.22 %8.33 % 100.00 %100.00 %100.00 %100.00 %38.66 %100.00 % NET REVENUE GF SEWER STORM WATER REFUSE PARKING LANDFILL Department FY27 Budget 100 610 620 600 670 650 950 TOTAL Ent % Engineering Admin $364,696 $91,174 $91,174 $91,174 $91,174 $0 $0 $0 $364,696 75.00 % Project Engineering $868,548 $217,137 $217,137 $217,137 $217,137 $0 $0 $0 $868,548 75.00 % Utility Billing $1,111,260 $0 $259,968 $259,968 $259,968 $259,968 $71,388 $0 $1,111,260 100.00 % Accounting $2,626,606 $572,025 $437,768 $437,768 $437,768 $437,768 $84,625 $218,884 $2,626,606 78.22 % City Manager's Office $1,763,713 $384,105 $293,952 $293,952 $293,952 $293,952 $56,824 $146,976 $1,763,713 78.22 % Sustainability $404,163 $88,018 $67,361 $67,361 $67,361 $67,361 $13,021 $33,680 $404,163 78.22 % GIS $364,334 $109,708 $60,722 $60,722 $60,722 $60,722 $11,738 $0 $364,334 69.89 % Communications $456,128 $114,033 $76,021 $76,021 $76,021 $76,021 $0 $38,011 $456,128 75.00 % Media Services $267,580 $89,192 $44,597 $44,597 $44,597 $44,597 $0 $0 $267,580 66.67 % Budget $549,465 $119,661 $91,578 $91,578 $91,578 $91,578 $17,703 $45,789 $549,465 78.22 % Human Resources $1,791,130 $390,074 $298,522 $298,522 $298,522 $298,522 $57,707 $149,261 $1,791,130 78.22 % Planning $1,076,365 $324,110 $179,394 $179,394 $179,394 $179,394 $34,679 $0 $1,076,365 69.89 % City Clerk's Office $386,940 $84,268 $64,490 $64,490 $64,490 $64,490 $12,467 $32,245 $386,940 78.22 % Legal $1,182,622 $257,552 $197,104 $197,104 $197,104 $197,104 $38,102 $98,552 $1,182,622 78.22 % FY 2027 Amount $13,213,550 $2,841,057 $2,379,788 $2,379,788 $2,379,788 $2,071,477 $398,254 $763,398 $13,213,550 DISTRIBUTION OF ADMIN RECHARGE Percent Split if recharged to all funds CITY OF DUBUQUE ADMINISTRATIVE OVERHEAD ANALYSIS--FY 2027 Utility Billing split over Water, Sewer,Storm, Refuse.Administrative Department split evenly between GF, Water, Sewer, Storm, Refuse, Parking/Landfill. Engineering Admin/Project Engineering split between General Fund, Saniatary Sewer, Storm, Water. Combined Percent Implemented BASIS FOR OVERHEAD FACTORS: FY 2027 Budget & Fiscal Policy Guidelines Page 8 Percent Self-Supporting Activity FY 2024 Actual FY 2025 Actual FY 2026 Adopted FY 2027 Rec'd Adult Athletics 77.2% 84.3% 61.7% 51.1% McAleece Concessions 114.5% 116.6% 115.3% 117.0% Youth Sports 17.4% 16.8% 12.2% 19.2% Therapeutic & After School 56.2% 12.8% 17.6% 24.8% Recreation Classes 100.2% 64.6% 66.2% 36.6% Swimming 41.6% 44.1% 40.0% 39.3% Golf 107.9% 113.0% 94.5% 105.7% Port of Dubuque Marina 75.5% 85.6% 81.2% 85.1% Park Division 17.5% 13.3% 17.2% 14.6% Library 1.2% 1.2% 1.1% 1.0% Airport 106.7% 88.2% 97.6% 97.6% Building Inspections 106.7% 120.7% 96.5% 99.3% Planning Services 62.7% 70.7% 45.2% 71.7% Health Food/Environmental Inspections 37.5% 48.8% 38.3% 40.0% Animal Control 58.5% 57.8% 51.7% 48.5% Housing - General Inspection 95.6% 143.7% 107.6% 90.5% Federal Building Maintenance 62.2% 83.2% 86.2% 85.7% N. ADMINISTRATIVE OVERHEAD RECHARGES DISCUSSION While the Enterprise Funds have contributed to administrative overhead, the majority has been provided by the General Fund. This is not reasonable and unduly impacts property taxes, which causes a subsidy to the Enterprise Funds. Prior to FY 2013, the administrative overhead was charged by computing the operating expense budget for each enterprise fund and dividing the result by the total City-wide operating expense budget which resulted in the following percentages of administrative overhead charged to each enterprise fund: Water 5.32%; Sanitary Sewer 4.84%; Stormwater 0.55%; Solid Waste 2.83%; Parking 1.71%; and Landfill 2.71%. The adopted Fiscal Year 2013 budget changed the administrative overhead to be more evenly split between the general fund and enterprise funds and is phased in over many years. The Fiscal Year 2018 administrative overhead formula was recommended modified. The modification removed Neighborhood Development, Economic Development and Workforce Development from all recharges to utility funds. In addition, the Landfill calculation is modified to remove Geographic Information Systems and Planning Services. The Fiscal Year 2027 administrative overhead formula is recommended to be modified to include the Landfill in Communication Department recharges. In Fiscal Year 2027, the general fund is recommended to support $2,841,058 in administrative overhead using the recharge method adopted in Fiscal Year 2013 and revised in Fiscal Year 2018. FY 2027 Budget & Fiscal Policy Guidelines Page 9 GUIDELINE Beginning in FY 2013, additional overhead recharges to the utility funds is being phased in over several years. Engineering administrative and project management expenses that are not recharged to capital projects will be split evenly between the Water, Sewer, Stormwater and General Funds. Finance accounting expenses and all other administrative departments such as Planning, City Clerk, Legal Services and City Manager’s Office will be split evenly between Water, Sewer, Stormwater, Refuse Collection and General Funds, with overhead costs being shared by the Landfill and Parking. This will be fully implemented over time. Beginning in Fiscal Year 2018, Neighborhood Development, Economic Development and Workforce Development expenses will not be recharged to utility funds. In addition, the Landfill will not be recharged GIS and Planning expenses. In Fiscal Year 2027, the Communications Department is also recharged to the Landfill. When the overhead recharges are fully implemented, the split of the cost of administrative overhead excluding Engineering will be as follows: FY 2027 Budget & Fiscal Policy Guidelines Page 10 The implementation percent of the administrative overhead recharges in Fiscal Year 2027 as compared to Fiscal Year 2026 is as follows: O. OUTSIDE FUNDING DISCUSSION The purpose of this guideline is to establish the policy that the City should aggressively pursue outside funding to assist in financing its operating and capital budgets. However, the long-term commitments required for such funding must be carefully evaluated before any agreements are made. Commitments to assume an ongoing increased level of service or level of funding once the outside funding ends must be minimized. GUIDELINE To minimize the property tax burden, the City of Dubuque will make every effort to obtain federal, state and private funding to assist in financing its operating and capital budgets. However, commitments to guarantee a level of service or level of funding after the outside funding ends shall be minimized. Also, any matching funds required for capital grants will be identified. P. GENERAL FUND OPERATING RESERVE (WORKING BALANCE) DISCUSSION An operating reserve or working balance is an amount of cash, which must be carried into a fiscal year to pay operating costs until tax money, or other anticipated revenue comes in. Without a working balance, there would not be sufficient cash in the fund to meet its obligations and money would have to be borrowed. Working balances are not Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 27, 2026 Jeff Schueller E-mail: jschu234@msn.com Dear Jeff, I am writing to provide an overview of the City’s approach to administrative cost allocation and its impact on utility rates and the General Fund. The City's fiscal policy dictates that any fund benefiting from administrative services must contribute proportionally to the associated costs. This policy is designed to protect the General Fund from unintended subsidies and ensures that utility rates charged to residents accurately reflect the full cost of operating Water, Sewer, Stormwater, Refuse Collection, Parking, and Landfill services. Administrative Overhead Recharges (AOR) are a widely accepted governmental accounting practice. External auditors expect cost allocations to be reasonable, consistent, and clearly documented. It is important to note that the City’s AOR calculation is not only clearly documented but also formally adopted by City Council as part of the annual budget process, ensuring transparency and accountability. The Phase-In Period (2013–2024) The City’s current cost-allocation model was not implemented all at once. The modern method was introduced in FY2013 and phased in over more than ten years, with full implementation reached in approximately FY2024–FY2025. This gradual approach was adopted for several reasons: Avoid rate shocks to utility customers Allow enterprise funds to gradually absorb their appropriate share Prevent sudden budget reductions for General Fund departments Provide time for organizational restructuring By FY2024–FY2025, nearly all major enterprise funds had reached full implementation, which explains why AOR amounts began reflecting the full allocation percentages in recent years. Jeff Schueller April 27, 2026 Page 2 How AOR Is Calculated (FY27 Example) Each administrative department’s total annual budget is allocated to the funds receiving services from that department. The formulas used are consistent, auditable, and thoroughly documented. The calculation methodology is reviewed and approved by City Council annually, ensuring that the allocation process is both transparent and officially sanctioned. 1. Even-Split Administrative Departments (16.67% each): Departments that support all major funds equally (Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, GIS) have their budgets split evenly among General Fund, Water, Sanitary Sewer, Stormwater, Refuse/Solid Waste, and Parking/Landfill. 2. Utility Billing (25% to each utility): Costs are distributed only among the utilities appearing on customer bills: Water, Sewer, Stormwater, Refuse. 3. Engineering Admin & Project Engineering (25% Four-Way Split): These overhead costs (not assigned to capital projects) are shared evenly among General Fund, Water, Sewer, and Stormwater. These allocations correspond with the structure shown in the FY27 Administrative Overhead spreadsheet. Why AOR Is Necessary Without AOR, utility rates would be understated Property taxpayers would subsidize utility operations Long-term capital planning would be distorted Utilities would eventually face larger rate increases to “catch up” Accurate cost allocation is required for responsible budgeting and audit compliance It is essential to clarify that recommended enterprise fund rate increases are primarily driven by the capital needs of the City’s utility operations, not by administrative overhead recharges. The increases are due to substantial investments required to maintain and replace infrastructure, vehicles, and equipment within the enterprise funds, rather than rising operating costs or administrative allocations. Jeff Schueller April 27, 2026 Page 3 From Fiscal Year 2026 through Fiscal Year 2031, the City is planning significant capital investments, including: $239,827,415 for infrastructure improvements $1,584,932 for vehicles and equipment $240,793,347 total over the six-year period These long-term capital, vehicle, and equipment needs, essential for maintaining reliable and compliant Water, Sanitary Sewer, Stormwater, and Refuse services, are the primary reason for the recommended enterprise fund rate increases. The Administrative Overhead Recharge is a consistent, policy-driven, auditor-supported method for assigning administrative costs to the funds using those services. The system has been in place for more than a decade, with gradual implementation to ensure fairness, transparency, and stability. Staff will continue to review and refine the allocation model to maximize equity and avoid sudden financial impacts across funds. We appreciate you reaching out, and we’re happy to answer any additional questions you may have. Sincerely, Jennifer Larson Chief Financial Officer TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Chief Finance Officer SUBJECT: Administrative Overhead Recharge DATE: April 16, 2026 INTRODUCTION The purpose of this memorandum is to provide requested information on the Administrative Overhead Recharge. BACKGROUND Administrative overhead recharges play a critical role in ensuring the City’s budgeting, rate- setting, and financial reporting remain accurate, equitable, and aligned with Council‑adopted fiscal policy. The practice reflects the City’s long-standing guideline that those who utilize or directly benefit from a service should also help pay for it, as outlined in the FY27 Budget & Fiscal Policy Guidelines. DISCUSSION The City’s fiscal policy establishes that Enterprise Funds—Water, Sewer, Stormwater, Refuse Collection, Parking, and others—are intended to be self-supporting through user fees. Administrative departments such as Finance, Engineering, Legal, Planning, the City Manager’s Office, City Clerk, and Communications provide essential support to these utilities. Recharging ensures enterprise Funds cover their fair share of administrative and overhead costs, the General Fund is not subsidizing utility operations through property taxes, cost-of-service principles are applied consistently across departments. Accurate and complete accounting of all costs, including administrative support, is essential for establishing utility rates that reflect the true cost of service. Without recharging, rates would appear artificially low, enterprise Funds would understate operating costs, future rate increases might be larger when unaccounted costs surface, long-term utility planning and capital investment decisions could be distorted, and property taxpayers would be subsidizing enterprise funds. Recharging is a widely accepted governmental accounting practice. External auditors expect administrative costs to be allocated reasonably and consistently. Transparent and well-documented overhead allocation supports the City’s award-winning financial management practices, ensures compliance with accounting standards, and reduces audit risk associated with inconsistent or incomplete cost allocation. 2 The calculation of administrative overhead includes Engineering Admin and Project Management costs not assigned to capital projects are split evenly between Water, Sanitary Sewer, Stormwater, General Fund (25% cost share). Finance and General Administrative Department’s net cost is split evenly among Water, Sanitary Sewer, Stormwater, Solid Waste Collection, General Fund (16.67% cost share). Parking and Landfill split a share (8.33% cost share). Administrative departments include Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, and GIS. Utility Billing cost is split evenly among enterprise funds appearing on customer bills Water, Sanitary Sewer, Stormwater, Solid Waste Collection (25% cost share). Administrative overhead recharges are essential for maintaining the integrity of the City's financial policies, ensuring fair cost distribution across all funds, supporting accurate rate-setting and long-term planning, preserving transparency for both Council and residents, and protecting the General Fund from unintended subsidies. The policy framework, and its careful, phased implementation over time, ensures that each fund pays an appropriate share of the administrative services on which it relies. As we plan for future years, we will carefully review these allocations to strive for maximum equity in the cost-sharing process. Any modifications should be implemented over several years, to avoid significant changes for any one entity. Attachments 16.67 %16.67 %16.67 %16.67 %3.22 %8.33 % 100.00 %100.00 %100.00 %100.00 %38.66 %100.00 % NET REVENUE GF SEWER STORM WATER REFUSE PARKING LANDFILL Department FY27 Budget 100 610 620 600 670 650 950 TOTAL Ent % Engineering Admin $364,696 $91,174 $91,174 $91,174 $91,174 $0 $0 $0 $364,696 75.00 % Project Engineering $868,548 $217,137 $217,137 $217,137 $217,137 $0 $0 $0 $868,548 75.00 % Utility Billing $1,111,260 $0 $259,968 $259,968 $259,968 $259,968 $71,388 $0 $1,111,260 100.00 % Accounting $2,626,606 $572,025 $437,768 $437,768 $437,768 $437,768 $84,625 $218,884 $2,626,606 78.22 % City Manager's Office $1,763,713 $384,105 $293,952 $293,952 $293,952 $293,952 $56,824 $146,976 $1,763,713 78.22 % Sustainability $404,163 $88,018 $67,361 $67,361 $67,361 $67,361 $13,021 $33,680 $404,163 78.22 % GIS $364,334 $109,708 $60,722 $60,722 $60,722 $60,722 $11,738 $0 $364,334 69.89 % Communications $456,128 $114,033 $76,021 $76,021 $76,021 $76,021 $0 $38,011 $456,128 75.00 % Media Services $267,580 $89,192 $44,597 $44,597 $44,597 $44,597 $0 $0 $267,580 66.67 % Budget $549,465 $119,661 $91,578 $91,578 $91,578 $91,578 $17,703 $45,789 $549,465 78.22 % Human Resources $1,791,130 $390,074 $298,522 $298,522 $298,522 $298,522 $57,707 $149,261 $1,791,130 78.22 % Planning $1,076,365 $324,110 $179,394 $179,394 $179,394 $179,394 $34,679 $0 $1,076,365 69.89 % City Clerk's Office $386,940 $84,268 $64,490 $64,490 $64,490 $64,490 $12,467 $32,245 $386,940 78.22 % Legal $1,182,622 $257,552 $197,104 $197,104 $197,104 $197,104 $38,102 $98,552 $1,182,622 78.22 % FY 2027 Amount $13,213,550 $2,841,057 $2,379,788 $2,379,788 $2,379,788 $2,071,477 $398,254 $763,398 $13,213,550 DISTRIBUTION OF ADMIN RECHARGE Percent Split if recharged to all funds CITY OF DUBUQUE ADMINISTRATIVE OVERHEAD ANALYSIS--FY 2027 Utility Billing split over Water, Sewer,Storm, Refuse.Administrative Department split evenly between GF, Water, Sewer, Storm, Refuse, Parking/Landfill. Engineering Admin/Project Engineering split between General Fund, Saniatary Sewer, Storm, Water. Combined Percent Implemented BASIS FOR OVERHEAD FACTORS: FY 2027 Budget & Fiscal Policy Guidelines Page 8 Percent Self-Supporting Activity FY 2024 Actual FY 2025 Actual FY 2026 Adopted FY 2027 Rec'd Adult Athletics 77.2% 84.3% 61.7% 51.1% McAleece Concessions 114.5% 116.6% 115.3% 117.0% Youth Sports 17.4% 16.8% 12.2% 19.2% Therapeutic & After School 56.2% 12.8% 17.6% 24.8% Recreation Classes 100.2% 64.6% 66.2% 36.6% Swimming 41.6% 44.1% 40.0% 39.3% Golf 107.9% 113.0% 94.5% 105.7% Port of Dubuque Marina 75.5% 85.6% 81.2% 85.1% Park Division 17.5% 13.3% 17.2% 14.6% Library 1.2% 1.2% 1.1% 1.0% Airport 106.7% 88.2% 97.6% 97.6% Building Inspections 106.7% 120.7% 96.5% 99.3% Planning Services 62.7% 70.7% 45.2% 71.7% Health Food/Environmental Inspections 37.5% 48.8% 38.3% 40.0% Animal Control 58.5% 57.8% 51.7% 48.5% Housing - General Inspection 95.6% 143.7% 107.6% 90.5% Federal Building Maintenance 62.2% 83.2% 86.2% 85.7% N. ADMINISTRATIVE OVERHEAD RECHARGES DISCUSSION While the Enterprise Funds have contributed to administrative overhead, the majority has been provided by the General Fund. This is not reasonable and unduly impacts property taxes, which causes a subsidy to the Enterprise Funds. Prior to FY 2013, the administrative overhead was charged by computing the operating expense budget for each enterprise fund and dividing the result by the total City-wide operating expense budget which resulted in the following percentages of administrative overhead charged to each enterprise fund: Water 5.32%; Sanitary Sewer 4.84%; Stormwater 0.55%; Solid Waste 2.83%; Parking 1.71%; and Landfill 2.71%. The adopted Fiscal Year 2013 budget changed the administrative overhead to be more evenly split between the general fund and enterprise funds and is phased in over many years. The Fiscal Year 2018 administrative overhead formula was recommended modified. The modification removed Neighborhood Development, Economic Development and Workforce Development from all recharges to utility funds. In addition, the Landfill calculation is modified to remove Geographic Information Systems and Planning Services. The Fiscal Year 2027 administrative overhead formula is recommended to be modified to include the Landfill in Communication Department recharges. In Fiscal Year 2027, the general fund is recommended to support $2,841,058 in administrative overhead using the recharge method adopted in Fiscal Year 2013 and revised in Fiscal Year 2018. FY 2027 Budget & Fiscal Policy Guidelines Page 9 GUIDELINE Beginning in FY 2013, additional overhead recharges to the utility funds is being phased in over several years. Engineering administrative and project management expenses that are not recharged to capital projects will be split evenly between the Water, Sewer, Stormwater and General Funds. Finance accounting expenses and all other administrative departments such as Planning, City Clerk, Legal Services and City Manager’s Office will be split evenly between Water, Sewer, Stormwater, Refuse Collection and General Funds, with overhead costs being shared by the Landfill and Parking. This will be fully implemented over time. Beginning in Fiscal Year 2018, Neighborhood Development, Economic Development and Workforce Development expenses will not be recharged to utility funds. In addition, the Landfill will not be recharged GIS and Planning expenses. In Fiscal Year 2027, the Communications Department is also recharged to the Landfill. When the overhead recharges are fully implemented, the split of the cost of administrative overhead excluding Engineering will be as follows: FY 2027 Budget & Fiscal Policy Guidelines Page 10 The implementation percent of the administrative overhead recharges in Fiscal Year 2027 as compared to Fiscal Year 2026 is as follows: O. OUTSIDE FUNDING DISCUSSION The purpose of this guideline is to establish the policy that the City should aggressively pursue outside funding to assist in financing its operating and capital budgets. However, the long-term commitments required for such funding must be carefully evaluated before any agreements are made. Commitments to assume an ongoing increased level of service or level of funding once the outside funding ends must be minimized. GUIDELINE To minimize the property tax burden, the City of Dubuque will make every effort to obtain federal, state and private funding to assist in financing its operating and capital budgets. However, commitments to guarantee a level of service or level of funding after the outside funding ends shall be minimized. Also, any matching funds required for capital grants will be identified. P. GENERAL FUND OPERATING RESERVE (WORKING BALANCE) DISCUSSION An operating reserve or working balance is an amount of cash, which must be carried into a fiscal year to pay operating costs until tax money, or other anticipated revenue comes in. Without a working balance, there would not be sufficient cash in the fund to meet its obligations and money would have to be borrowed. Working balances are not Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 27, 2026 Carrie Tedore E-mail: carrie.tedore@gmail.com Dear Carrie, Thank you for your message and for taking the time to review the information related to the FY2027 utility rates. I appreciate your thoughtful questions and want to provide a clear explanation of how these proposed rates were developed and why they are needed. The proposed rate changes are based on actual service costs Each utility, water, sewer, stormwater, and solid waste, uses a ten-year financial model that tracks operating costs, capital needs, debt payments, and cash balances. These models are updated regularly by our independent financial advisor, Independent Public Advisors. For example, when corrections were made to under- and over-billed refuse accounts after a billing system audit in April, the models were updated immediately. This allowed us to maintain the planned General Fund loan of $675,554, and reduce the rate increase from 9% to 8%. Rate increases are being driven by operating and capital needs The documentation shows that the primary drivers of rate pressures are: • Required equipment replacement (like refuse trucks) • Capital project timing • Debt and regulatory requirements These are real, measurable costs—not administrative overhead. Changes in assumptions lead to updated financial modeling When project schedules change, financial models are re-run to determine the impact on rates. For example, staff requested updated sanitary sewer cash flows by removing a Carrie Tedore April 27, 2026 Page 2 $4 million FY27 project specifically so we could understand how that change affected projected rates. This ensures the City is continually aligning proposed rates with actual cost drivers. Rates were not adjusted to target revenue Your concern about rate adjustments being made for revenue reasons is understandable. The documented record shows the opposite. When recurring revenue increased due to billing corrections, the models maintained the loan requirement and reduced the planned rate increases from 9% to 8% for refuse. There is no documentation indicating that rate changes were made to match a revenue target. The following describes each utility, including what your bill pays for, why costs are changing, how rates are calculated, and what this means for residents. WATER: What Your Bill Pays For Treating, pumping, and delivering clean drinking water Maintaining water mains, valves, hydrants, and repairs Replacing aging infrastructure Paying long-term debt for past water improvements Essential staffing and customer service Administrative support used by all utilities (policy-based allocation appears in cash-flow file) Why Costs Are Changing Rising costs for electricity, chemicals, maintenance, and staffing Scheduled replacement of aging water mains and equipment Debt payments from past system upgrades Need to maintain healthy reserves for emergencies and repairs How We Calculate Water Rate We use a ten-year cash-flow model to add up all expected costs, operations, capital projects, and debt, and determine the minimum rate needed to cover them. What This Means for Residents Rate adjustments ensure the system stays safe, reliable, and able to meet state and federal standards. They are based on actual cost of service, not revenue targets. SANITARY SEWER: What Your Bill Pays For Treating wastewater safely and meeting state environmental regulations Maintaining pipes, pumps, lift stations, and treatment equipment Major multi-year projects like Catfish Creek sewer improvements Paying debt from past sewer infrastructure upgrades Essential staffing and 24/7 operations Carrie Tedore April 27, 2026 Page 3 Why Costs Are Changing Large capital projects are underway or required in the next decade Equipment at the plant and in the system needs scheduled replacement Project changes (such as removing or shifting a major project) require recalculating rates with updated cash-flow models The City’s financial advisor re-ran sewer cash-flow models when a $4 million project was removed to accurately update rate needs. How We Calculate Sanitary Sewer Rate The City uses a cost-of-service cash-flow model that projects operating expenses, capital investments, debt service, and reserve needs. Each change in project timing or scope affects the required rate path. What This Means for Residents Sewer rates reflect the real cost of treating wastewater safely and protecting waterways, ensuring our system stays reliable and compliant. STORMWATER: What Your Bill Pays For Maintaining channels, pipes, inlets, detention basins, and culverts Stormwater projects that reduce flooding and erosion Upgrades to drainage systems citywide Equipment (vactor truck, trucks, cameras) used to maintain the system Permit compliance and environmental protection programs Why Costs Are Changing Extensive capital needs such as drainage repairs and basin maintenance Stormwater cash reserves must stay above minimum levels How We Calculate Stormwater Rate We add up operating needs, planned stormwater projects, debt, and reserve requirements using the Stormwater cost of service cash flow model and set a rate that keeps the system financially sustainable. What This Means for Residents Stormwater rates protect homes, neighborhoods, and streets from flooding, funding the drainage system that prevents costly damage. REFUSE: What Your Bill Pays For Weekly trash collection Equipment like refuse trucks (11-year lifecycle confirmed in modeling) Container replacement and maintenance Landfill tipping fees Transfer operations and recycling support Carrie Tedore April 27, 2026 Page 4 Customer service and billing Why Costs Are Changing Refuse trucks must be replaced with an 11-year cycle, directly affecting debt and rate needs. Repayment of an internal loan Billing system audit performed in April 2026 increased annual revenue and reduced the FY 2027 recommended rate increase from 9% to 8%. How We Calculate Refuse Rate The Refuse rate is based on a cost-of-service cash-flow model that accounts for operations, equipment replacements, debt, and repayment of an internal loan. What This Means for Residents Rates ensure the City can replace trucks, maintain reliable weekly pickup, and repay the internal loan. Thank you again for raising these questions. Ensuring that utility rates are fair, transparent, and tied directly to service costs is a priority for all of us. Your engagement helps us meet that standard. We appreciate you reaching out, and we’re happy to answer any additional questions you may have. Sincerely, Jennifer Larson Chief Financial Officer Finance Department 50 West 13th Street Dubuque, Iowa 52001-4845 Office (563) 589-4141 Fax (563) 690-6689 TTY (563) 690-6678 finance@cityofdubuque.org www.cityofdubque.org April 28, 2026 Rob Smith 1057 Bonnie Ct Dubuque, IA 52003 E-mail: grovetools@aol.com Dear Mr. Smith, I am writing to provide an overview of the City’s approach to administrative cost allocation and its impact on utility rates and the General Fund. The City's fiscal policy dictates that any fund benefiting from administrative services must contribute proportionally to the associated costs. This policy is designed to protect the General Fund from unintended subsidies and ensures that utility rates charged to residents accurately reflect the full cost of operating Water, Sewer, Stormwater, Refuse Collection, Parking, and Landfill services. Administrative Overhead Recharges (AOR) are a widely accepted governmental accounting practice. External auditors expect cost allocations to be reasonable, consistent, and clearly documented. It is important to note that the City’s AOR calculation is not only clearly documented but also formally adopted by City Council as part of the annual budget process, ensuring transparency and accountability. The Phase-In Period (2013–2024) The City’s current cost-allocation model was not implemented all at once. The modern method was introduced in FY2013 and phased in over more than ten years, with full implementation reached in approximately FY2024–FY2025. This gradual approach was adopted for several reasons: Avoid rate shocks to utility customers Allow enterprise funds to gradually absorb their appropriate share Prevent sudden budget reductions for General Fund departments Provide time for organizational restructuring Rob Smith April 28, 2026 Page 2 By FY2024–FY2025, nearly all major enterprise funds had reached full implementation, which explains why AOR amounts began reflecting the full allocation percentages in recent years. How AOR Is Calculated (FY27 Example) Each administrative department’s total annual budget is allocated to the funds receiving services from that department. The formulas used are consistent, auditable, and thoroughly documented. The calculation methodology is reviewed and approved by City Council annually, ensuring that the allocation process is both transparent and officially sanctioned. 1. Even-Split Administrative Departments (16.67% each): Departments that support all major funds equally (Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, GIS) have their budgets split evenly among General Fund, Water, Sanitary Sewer, Stormwater, Refuse/Solid Waste, and Parking/Landfill. 2. Utility Billing (25% to each utility): Costs are distributed only among the utilities appearing on customer bills: Water, Sewer, Stormwater, Refuse. 3. Engineering Admin & Project Engineering (25% Four-Way Split): These overhead costs (not assigned to capital projects) are shared evenly among General Fund, Water, Sewer, and Stormwater. These allocations correspond with the structure shown in the FY27 Administrative Overhead spreadsheet. Why AOR Is Necessary Without AOR, utility rates would be understated Property taxpayers would subsidize utility operations Long-term capital planning would be distorted Utilities would eventually face larger rate increases to “catch up” Accurate cost allocation is required for responsible budgeting and audit compliance It is essential to clarify that recommended enterprise fund rate increases are primarily driven by the capital needs of the City’s utility operations, not by administrative overhead recharges. The increases are due to substantial investments required to maintain and replace infrastructure, vehicles, and equipment within the enterprise funds, rather than rising operating costs or administrative allocations. Rob Smith April 28, 2026 Page 3 From Fiscal Year 2026 through Fiscal Year 2031, the City is planning significant capital investments, including: $239,827,415 for infrastructure improvements $1,584,932 for vehicles and equipment $240,793,347 total over the six-year period These long-term capital, vehicle, and equipment needs, essential for maintaining reliable and compliant Water, Sanitary Sewer, Stormwater, and Refuse services, are the primary reason for the recommended enterprise fund rate increases. The Administrative Overhead Recharge is a consistent, policy-driven, auditor-supported method for assigning administrative costs to the funds using those services. The system has been in place for more than a decade, with gradual implementation to ensure fairness, transparency, and stability. Staff will continue to review and refine the allocation model to maximize equity and avoid sudden financial impacts across funds. We appreciate you reaching out, and we’re happy to answer any additional questions you may have. Sincerely, Jennifer Larson Chief Financial Officer TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Chief Finance Officer SUBJECT: Administrative Overhead Recharge DATE: April 16, 2026 INTRODUCTION The purpose of this memorandum is to provide requested information on the Administrative Overhead Recharge. BACKGROUND Administrative overhead recharges play a critical role in ensuring the City’s budgeting, rate- setting, and financial reporting remain accurate, equitable, and aligned with Council‑adopted fiscal policy. The practice reflects the City’s long-standing guideline that those who utilize or directly benefit from a service should also help pay for it, as outlined in the FY27 Budget & Fiscal Policy Guidelines. DISCUSSION The City’s fiscal policy establishes that Enterprise Funds—Water, Sewer, Stormwater, Refuse Collection, Parking, and others—are intended to be self-supporting through user fees. Administrative departments such as Finance, Engineering, Legal, Planning, the City Manager’s Office, City Clerk, and Communications provide essential support to these utilities. Recharging ensures enterprise Funds cover their fair share of administrative and overhead costs, the General Fund is not subsidizing utility operations through property taxes, cost-of-service principles are applied consistently across departments. Accurate and complete accounting of all costs, including administrative support, is essential for establishing utility rates that reflect the true cost of service. Without recharging, rates would appear artificially low, enterprise Funds would understate operating costs, future rate increases might be larger when unaccounted costs surface, long-term utility planning and capital investment decisions could be distorted, and property taxpayers would be subsidizing enterprise funds. Recharging is a widely accepted governmental accounting practice. External auditors expect administrative costs to be allocated reasonably and consistently. Transparent and well-documented overhead allocation supports the City’s award-winning financial management practices, ensures compliance with accounting standards, and reduces audit risk associated with inconsistent or incomplete cost allocation. 2 The calculation of administrative overhead includes Engineering Admin and Project Management costs not assigned to capital projects are split evenly between Water, Sanitary Sewer, Stormwater, General Fund (25% cost share). Finance and General Administrative Department’s net cost is split evenly among Water, Sanitary Sewer, Stormwater, Solid Waste Collection, General Fund (16.67% cost share). Parking and Landfill split a share (8.33% cost share). Administrative departments include Finance, Planning, City Clerk, Legal, City Manager’s Office, Communications, Human Resources, and GIS. Utility Billing cost is split evenly among enterprise funds appearing on customer bills Water, Sanitary Sewer, Stormwater, Solid Waste Collection (25% cost share). Administrative overhead recharges are essential for maintaining the integrity of the City's financial policies, ensuring fair cost distribution across all funds, supporting accurate rate-setting and long-term planning, preserving transparency for both Council and residents, and protecting the General Fund from unintended subsidies. The policy framework, and its careful, phased implementation over time, ensures that each fund pays an appropriate share of the administrative services on which it relies. As we plan for future years, we will carefully review these allocations to strive for maximum equity in the cost-sharing process. Any modifications should be implemented over several years, to avoid significant changes for any one entity. Attachments 16.67 %16.67 %16.67 %16.67 %3.22 %8.33 % 100.00 %100.00 %100.00 %100.00 %38.66 %100.00 % NET REVENUE GF SEWER STORM WATER REFUSE PARKING LANDFILL Department FY27 Budget 100 610 620 600 670 650 950 TOTAL Ent % Engineering Admin $364,696 $91,174 $91,174 $91,174 $91,174 $0 $0 $0 $364,696 75.00 % Project Engineering $868,548 $217,137 $217,137 $217,137 $217,137 $0 $0 $0 $868,548 75.00 % Utility Billing $1,111,260 $0 $259,968 $259,968 $259,968 $259,968 $71,388 $0 $1,111,260 100.00 % Accounting $2,626,606 $572,025 $437,768 $437,768 $437,768 $437,768 $84,625 $218,884 $2,626,606 78.22 % City Manager's Office $1,763,713 $384,105 $293,952 $293,952 $293,952 $293,952 $56,824 $146,976 $1,763,713 78.22 % Sustainability $404,163 $88,018 $67,361 $67,361 $67,361 $67,361 $13,021 $33,680 $404,163 78.22 % GIS $364,334 $109,708 $60,722 $60,722 $60,722 $60,722 $11,738 $0 $364,334 69.89 % Communications $456,128 $114,033 $76,021 $76,021 $76,021 $76,021 $0 $38,011 $456,128 75.00 % Media Services $267,580 $89,192 $44,597 $44,597 $44,597 $44,597 $0 $0 $267,580 66.67 % Budget $549,465 $119,661 $91,578 $91,578 $91,578 $91,578 $17,703 $45,789 $549,465 78.22 % Human Resources $1,791,130 $390,074 $298,522 $298,522 $298,522 $298,522 $57,707 $149,261 $1,791,130 78.22 % Planning $1,076,365 $324,110 $179,394 $179,394 $179,394 $179,394 $34,679 $0 $1,076,365 69.89 % City Clerk's Office $386,940 $84,268 $64,490 $64,490 $64,490 $64,490 $12,467 $32,245 $386,940 78.22 % Legal $1,182,622 $257,552 $197,104 $197,104 $197,104 $197,104 $38,102 $98,552 $1,182,622 78.22 % FY 2027 Amount $13,213,550 $2,841,057 $2,379,788 $2,379,788 $2,379,788 $2,071,477 $398,254 $763,398 $13,213,550 DISTRIBUTION OF ADMIN RECHARGE Percent Split if recharged to all funds CITY OF DUBUQUE ADMINISTRATIVE OVERHEAD ANALYSIS--FY 2027 Utility Billing split over Water, Sewer,Storm, Refuse.Administrative Department split evenly between GF, Water, Sewer, Storm, Refuse, Parking/Landfill. Engineering Admin/Project Engineering split between General Fund, Saniatary Sewer, Storm, Water. Combined Percent Implemented BASIS FOR OVERHEAD FACTORS: FY 2027 Budget & Fiscal Policy Guidelines Page 8 Percent Self-Supporting Activity FY 2024 Actual FY 2025 Actual FY 2026 Adopted FY 2027 Rec'd Adult Athletics 77.2% 84.3% 61.7% 51.1% McAleece Concessions 114.5% 116.6% 115.3% 117.0% Youth Sports 17.4% 16.8% 12.2% 19.2% Therapeutic & After School 56.2% 12.8% 17.6% 24.8% Recreation Classes 100.2% 64.6% 66.2% 36.6% Swimming 41.6% 44.1% 40.0% 39.3% Golf 107.9% 113.0% 94.5% 105.7% Port of Dubuque Marina 75.5% 85.6% 81.2% 85.1% Park Division 17.5% 13.3% 17.2% 14.6% Library 1.2% 1.2% 1.1% 1.0% Airport 106.7% 88.2% 97.6% 97.6% Building Inspections 106.7% 120.7% 96.5% 99.3% Planning Services 62.7% 70.7% 45.2% 71.7% Health Food/Environmental Inspections 37.5% 48.8% 38.3% 40.0% Animal Control 58.5% 57.8% 51.7% 48.5% Housing - General Inspection 95.6% 143.7% 107.6% 90.5% Federal Building Maintenance 62.2% 83.2% 86.2% 85.7% N. ADMINISTRATIVE OVERHEAD RECHARGES DISCUSSION While the Enterprise Funds have contributed to administrative overhead, the majority has been provided by the General Fund. This is not reasonable and unduly impacts property taxes, which causes a subsidy to the Enterprise Funds. Prior to FY 2013, the administrative overhead was charged by computing the operating expense budget for each enterprise fund and dividing the result by the total City-wide operating expense budget which resulted in the following percentages of administrative overhead charged to each enterprise fund: Water 5.32%; Sanitary Sewer 4.84%; Stormwater 0.55%; Solid Waste 2.83%; Parking 1.71%; and Landfill 2.71%. The adopted Fiscal Year 2013 budget changed the administrative overhead to be more evenly split between the general fund and enterprise funds and is phased in over many years. The Fiscal Year 2018 administrative overhead formula was recommended modified. The modification removed Neighborhood Development, Economic Development and Workforce Development from all recharges to utility funds. In addition, the Landfill calculation is modified to remove Geographic Information Systems and Planning Services. The Fiscal Year 2027 administrative overhead formula is recommended to be modified to include the Landfill in Communication Department recharges. In Fiscal Year 2027, the general fund is recommended to support $2,841,058 in administrative overhead using the recharge method adopted in Fiscal Year 2013 and revised in Fiscal Year 2018. FY 2027 Budget & Fiscal Policy Guidelines Page 9 GUIDELINE Beginning in FY 2013, additional overhead recharges to the utility funds is being phased in over several years. Engineering administrative and project management expenses that are not recharged to capital projects will be split evenly between the Water, Sewer, Stormwater and General Funds. Finance accounting expenses and all other administrative departments such as Planning, City Clerk, Legal Services and City Manager’s Office will be split evenly between Water, Sewer, Stormwater, Refuse Collection and General Funds, with overhead costs being shared by the Landfill and Parking. This will be fully implemented over time. Beginning in Fiscal Year 2018, Neighborhood Development, Economic Development and Workforce Development expenses will not be recharged to utility funds. In addition, the Landfill will not be recharged GIS and Planning expenses. In Fiscal Year 2027, the Communications Department is also recharged to the Landfill. When the overhead recharges are fully implemented, the split of the cost of administrative overhead excluding Engineering will be as follows: FY 2027 Budget & Fiscal Policy Guidelines Page 10 The implementation percent of the administrative overhead recharges in Fiscal Year 2027 as compared to Fiscal Year 2026 is as follows: O. OUTSIDE FUNDING DISCUSSION The purpose of this guideline is to establish the policy that the City should aggressively pursue outside funding to assist in financing its operating and capital budgets. However, the long-term commitments required for such funding must be carefully evaluated before any agreements are made. Commitments to assume an ongoing increased level of service or level of funding once the outside funding ends must be minimized. GUIDELINE To minimize the property tax burden, the City of Dubuque will make every effort to obtain federal, state and private funding to assist in financing its operating and capital budgets. However, commitments to guarantee a level of service or level of funding after the outside funding ends shall be minimized. Also, any matching funds required for capital grants will be identified. P. GENERAL FUND OPERATING RESERVE (WORKING BALANCE) DISCUSSION An operating reserve or working balance is an amount of cash, which must be carried into a fiscal year to pay operating costs until tax money, or other anticipated revenue comes in. Without a working balance, there would not be sufficient cash in the fund to meet its obligations and money would have to be borrowed. Working balances are not Excessive Use of Administrative Overhead Recharges to fund the General Fund Departments. I am concerned after reading Rob McDonald email to the council on April 24th. He brought up valid questions and I believe they need to be answered; 1) Why are the monies from the fee being used to fund other departments. 2) Why have these departments true budgets increased so much, and the percentage of AOR dollars being used to fund the departments also increased. It seems that each department presents their BLUE SKY budget knowing they can pull AOR dollars for what they want or need. Submitter Smith, Rob 1057 Bonnie Ct Dubuque, IA 52003 563-590-0236 grovetools@aol.com 1 Trish Gleason From:Crenna Brumwell Sent:Tuesday, April 28, 2026 3:09 PM To:Trish Gleason Subject:Hemmer response. ATTACH TO AGENDA Importance:High Please attach to agenda . Response sent to Paul Hemmer. Thank you for your inquiry. Based on the information you have included, I believe you have some misinformation. While Mr. Lindahl retired as City Attorney in 2016, he took on a new status as Senior Counsel at that time. Since 2016 he has worked approximately 29 hours/week as a part-time salaried employee. Last August he celebrated his 50th Anniversary with the City of Dubuque; that institutional knowledge is invaluable and the City of Dubuque continues to reap the benefits of his knowledge and experience. As to his pay, Mr. Lindahl, as well as the other attorneys in the City Attorney’s Office are paid significantly less than the state average of $252/hour across the different types of legal practice. Mr. Lindahl’s rate of $103.80 hour is a bargain for over 50 years of legal service and the experience possesses. Municipal law is unique; we practice in many areas of law. Below is a chart for Iowa wherein I have highlighted the different types of law we practice on a regular basis. Practice area Average lawyer hourly rate Administrative $330 Appellate $196 Bankruptcy $466 Business $313 2 Practice area Average lawyer hourly rate Civil Litigation $310 Civil Rights and Constitutional Law Currently unavailable Collections $243 Commercial Sale of Goods $373 Construction $234 Contracts $297 Corporate $264 Criminal $138 Elder Law $235 Employment Labor $327 Family $288 Government $225 Immigration $358 Insurance $238 Intellectual Property $300 Juvenile $113 Mediation and Arbitration $220 Medical Malpractice Currently unavailable Other $165 Personal Injury $317 Real Estate $289 Small Claims $281 Tax $269 Traffic Offenses $245 Trusts $314 Wills and Estates $288 Worker's Compensation $180 The above list is NOT all inclusive as our scope of work goes beyond those areas listed. 3 Additionally, Mr. Lindahl is a published legal scholar, a member of the Iowa Public Information Board appointed by Governor Kim Reynolds, a former staff member at the University of Iowa College of Law, and award winning City Attorney recognized for his service by the International Municipal Lawyer’s Association. How Mr. Lindahl spends his free time is none of my concern. As his supervisor, I am fully aware he regularly goes above and beyond in his commitment of time outside of traditional workday and on weekends, much like the remainder of the salaried staff in the City Attorney’s Office. If you view the budget presentation for the City Attorney’s Office, you will hear a discussion about the volume and breadth of work done by the office as well as the idea that we are constantly evaluating the structure of the office to meet the needs of the organization. For example, a civilian position was eliminated int he last year and replaced with a junior associate attorney due to the volume of work and demands within the organization for legal assistance. As to your question on the use of outside legal counsel retained by the City, outside counsel is used for very specialized legal matters where the staff of a city attorney’s office would not be expected to be an expert. This would include matters such as municipal bonds (regulated by the Securities and Exchange Commission), environmental law, and toxic torts (ex. PFAS). Attorneys have very specific ethical rules which require competency in order to practice an area of law. It would take years of work on that single subject for an attorney in the City Attorney's Office to become competent in handling toxic torts; that is not a good use of tax dollars and it would not be responsible to take that on internally.