adel, iowa

1/24/2020 5:18:33 PM

ADEL CITY COUNCIL AGENDA

301 S. 10th Street, Adel, IA 50003

Monday, January 27, 2020 at 6:00 p.m.

NEW BUSINESS

a) First Draft of the FY20-21 Budget

a. Overview, Tax Levy Rate, and Debt Service

b. General Fund Revenues

c. Police

d. Fire

e. Library

f. Parks & Recreation

i. Parks

ii. Island Park

iii. Cemetery

iv. Pool

v. Recreation

g. Finance

h. Zoning

i. RUT

j. Water

k. Sewer

l. Storm Water

m. External Requests (i.e., Alliance, Chamber, HIRTA)

b) Next Steps for the FY20-21 Budget

c) Consider Approval of Resolution No. 20-08, Setting a Public Hearing Date for February 11, 2020 for a Resolution

Relating to the Total Maximum Property Tax Dollars for FY20-21 (at Adel Public Library)

OTHER BUSINESS

ADJOURNMENT

Fo,m 635.1 Departmeat of Management

D RAF1 Adoption of Budget and Certification of City Taxes

FISCAL YEAR BEGINNING JULY 1, 2020 ~ ENDING JUNE 30, 2021

25-228 The City of: Adel County Name: DALLAS Date Budget Adoptedr.

The below•signed ce1Mes that the City Council, on the date slated above, !awfully approved the named resolution adopting a budget for next fiscal year, as summarized on this and t upp~ages.

A1tached is Long Term Debt Schedule form 703 which lists any and all of the debt service obligations of the City. \ ......,_..

S\,,>a/rJre

January 1, 2019 Property Valuations

Code

Sac. Dollar

Limit

Regular

DEBT SERVICE

Ag Land

p(ZAFT 3S4.1 8,10000

l:'.u~pa,s_e

Regular General levy

(384) Non• voted Other Permissible Levies 12{8)

12{10)

12{11)

12{12)

12{13}

12{14)

12{15)

12(17)

12(21)

{384)

12(1)

12(2)

12(3)

12(4)

12(5)

12(6)

12(9)

12(16)

12(18)

12(20)

28E:.22

3114.1

o.67500 Contract for use of Bridge o.ssooo Opr & Maint publicly owned Transit Amt Nee Rent, Ins. Maint of Civic Center 0_13500 Opr & Maint of City owned Civic Center o.001so Planning a Sanitary Disposal Project 0.21000 Aviation Authority (under sec.330A.15} o.r.16750 Levee lmpr. fund in special charter city Amt Nee Liability, property & self insurance costs Amt Nee Support of a Local Emerg.Mgmt.Comm.

Voted other Permissible Levies 0.13500 lnstrumentalNoca! Music Groups 0.01000 Memorial Building o.13soo Symphony Orchestra 0.21000 Cultural & Scientific Facilities As Voted County Bridge 1.35000 Missi or Missouri River Bridge Const. 0.03375 Aid to a Transit Company 0.20500 Maintain Institution received by gift/devise 1.00000 City Emergency Medical District 0.21000 Support Public Library 1.50000 Unified Law Enforcement

Total General Fund Regular Levies (5 thru 24) 3.00375 Ag Land

Total General Fund Tax Levies (25 + 26)

Special Revenue Levies

3114.s 0.21000 Emergency (if general fund at levy limit) 384.6 Amt Nee Police & Fire Retirement

Amt Nee FICA & IPERS (if genera! fund at levy limit) Rules Amt Nee Other Employee Benefits

Total Employee Benefit Levies (29,30,31)

Sub Total Special Revenue Levies (28+32)

Valuation

h: ~ ~

,., As Req With Gas & E/ec Without Gas & E/ec

SSMID1 "' ,.,

SSMID 2 ,., ., SSMID3 "' "' SSMID4 "' "' SSMID 5 "'

,., SSMID6 "' "' SSMID7 "' "' SSMID8 "' "'

Total Special Revenue Levies

" " '"

'

" 11

" " "' " 1'

H

" 19

" '1

" '" " " " '" " '" " " '1

" "

" " " " "" '" 1177

11as

39

With Gas & Electric

148,007,927 2b

165,382,984 3b

1,335,141

TAXES LEVIED (Al

Request with

Utility Replace.111en~

1,198,864

50,073

----··

1,248,937 4,010

1,252,947

----· 37,07~_·

188,712 336,124

524 836

561,911

561,911

384.4 Amt Nee Debt Service Levy 76.10(6} 40 333,856 40

384.7 o.67500 Capital Projects (Capital lmprov. Reserve) 41 41

Total Property Taxes (27+39+40+41) 42 2,148,714 42

Without Gas & Electric

145,609,809 162,984,866

'" Property Taxes

Levied

_____ o 0 0 0 0 0 0

49,261 --0

0 0 0 0 0 0 0 0

_____ o 0 ----

0

1,228,700 4,010

1,232,710

36,474. 0

. 185,654 330,678

516,332

552,806

0 0 0 0 0

____ o_ 0 0

552,806 329.014

0

2,114,530

COUNTY AUDITOR - I certify the budget is in compliance with ALL the following:

Last Official Census

3,682

(CJ

Rate

8.10000

"----"

0 0

" " " " S1

" '" " 54

" " " '" '" ., "' " " " I

0 0 0 0

-~==o _Q.33831

0

0 0 0 0 0 0 0 0 0 0

... o.

3.00375 Do Not Add I

54 ~-----'0"2"5"0"4,9 0

" " " 69

"' "' .., ..,

,0

,1

n

--··· 1.27501

2,27099

3.54600

0 0 0 0 0 0 0 0

2.01868 0

14.25348

Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction.

___ 1) The prescribed Nolice of Public Hearing Budget Estimate (Form 631.1) was lawfully published, or posted ii applicable, filed proof was evidenced.

___ 2) Budget hearing notices were published or posted not less than 10 days, nor more than 20 days, prior to the budget hearing

___ 3) Adopted property taxes do not exceed published or posted amounts.

___ 4) Adopte<.l expendrtures do not exceed publishe<.l or poste<.l amounts in each of the nine program areas, or in total.

___ 5) Number of the resolution adopting 1he budget has been Included at the top of this form.

___ 6) The budge\ file uploade<.l lo the SUBMIT Area matched \he paper copy cerUfied by1he city lo this office.

___ 7) The long term debt schedule {Form 703) shows sufncienl payment amounts lo pay the G.0. debt certified by the city to this office

Form 635.1

25-228 Adoption of Budget and Certification of City Taxes

FISCAL YEAR BEGINNING JULY 1, 2019 • ENDING JUNE 30, 2020 Resolution No.: _________ _

The City of: Adel County Name: DALLAS Date Budget Adopted:

The below.signed certifies that the City Counci, on tho dale slated abov&, lawfully approved the namod r,nolution adoptrlg a budget f or next fiscal year, as summarized 011 this and the supporting pages.

Attached ls Long Term Debi Schedu!e Foirn 703wh.ich r.sts any and .ill of tho debt sefVice ob~ations of the City.

(515) 993-4525

County Auditor Date Stamp , January 1, 2018 Property Valuations With Gas & Electrtc Without Gas & Electric

•·•••••••••••·H•••••••••••••••+•••••~•nH ·-·--·---·----------------·-··-••«·•·

Code

Sec. Dollar

Limit

Regular DEBT SERVICE

Ag Land

,, la

4•

141,908,535 2b

161,435,311 3b

1,193,093

TAXES LEVIED IA)

Request with

Utility Replacement

384.1 8 .10000

Purpose

Regular General levy 1 149 459

(384)

12(8)

12(10)

12111)

12(12)

12(13)

12(14)

12(15)

12(17)

12(21)

(384)

12(1)

12(2)

12(3)

12(4)

12(5)

12(6)

12(0)

12(16)

12(18)

12(2<l)

laE.22

314.1

384.8

38,U

Rules

388

Non-Voted Other Permissible Levies o.67500 Contract for use of Bridge o.esooo Opr & Main! publicly owned Transit Amt Nee Rent, Ins. Main! of Civic Center o. moo Opr & Main! of City owned Civic Center o.06750 Planning a Sanitary Disposal Project 0.21000 Aviation Authority (under sec.330A.15) 0.06150 Levee lmpr. fund in special charter city Amt Nee Liability, property & self insurance costs Amt Nee Support of a Local Emerg.Mgmt.Comm.

Voted Other Permissible Levies 0.13500 lnstrumentalNocal Music Groups 0.01000 Memorial Building 0.13500 Symphony Orchestra 0.21000 Cultural & Scientific Facilities A, Voted County Bridge 1.3sooo Missi or Missouri River Bridge Const. o.oms Aid to a Transit Company 0.20500 Maintain Institution received by gift/devise 1.00000 City Emergency Medical District 0.21000 Support Public Library 1.50000 Unified Law Enforcement

Total General Fund Regular Levies (5 thru 24) 3.00375 Ag Land


Special Revenue Levies 0.21000 Emergency (if general fund at levy limit) Amt Nee Police & Fire Retirement Amt Nee FICA & IPERS (if general fund at levy limit) Amt Nee Other Employee Benefits


Sub Total Special Revenue Levies (28+32) Valuation

A, Req With Gas & E/ec Without Gas & Efec

SSMID1 w .. ,

10 ---------11 ________ _

13 - --------14 ______ 4~8=1=2~1

462

15 ---------

16 ---------17 ________ _

18 --- - - --- -

,. ------- --20 - - -------

2 1 ------ ---22 _______ _ _

463 _ _ ______ _

23 - - -------24 --- ------

25 1,197,580

26 - - ------'3= 5-=-84-'-27 1,201 ,164

28 _ _____ 3_8,~3_1_5

29 ------ ---

30 ----- ~1_8~1~6=1_8 31 - - --- --'3-=2-"'2"",2'-'0-'--5 32 ____ _ ..;:5:..:0.,:3,.,8:.:2c=..3

33 542,138

34 ---------

SSMID2 w .. , - ---------- 35 - --------

SSMID 3 w .. , _ __________ 36 _____ ___ _

SSMID4 w .. , - - --------- 37 - - --- ----

SSMIDS w .. , _ ____ ______ 555 _ _ ______ _

SSMID6 w .. , _ _ ___ _ _____ 556 _ _ ______ _

SSMID 7 w .. , _____ 1177 ___ _

SSMID8 w .,, _______ ____ 1185 _____ ___ _

Total Special Revenue Levies 39 542,138 J8U Amt Nee Debt Service Levy 76.10(6) 40 323,524 40

n,.1 0.01500 Capital Projects (Capital lmprov. Reserve) ., _ _ _______ 41

Total Property Taxes (27+39+40+41) 42 2,066,826 .,

139,371,665 158,898,441

(B)

Property Taxes

Levied

1128 910

0 0 0 0 0 0 0

47 261 0

0 0 0 0 0 0 0 0 0 0 0

1,176,171 3 584

1,179,755

37,630 0

178,371 316,445 494 816

532,446

0 0 0 0 0 0 0 0

532,446

318,440 0

2,030,641

COUNTY AUDITOR - I certify the budget is in compliance with ALL the following:

3/12/2019

Last Ofrlcial Census

3.682

(C)

Rate

43 -----'8"'-.-"1 O:.::Oc.::c0.=..0

44 ______ ___,o=-45 ___ ___ ___,o=-46 ___ ___ ___,0=-47 ______ ___,o=-,0 ___ ____ o=-40 _______ 0::.. 51 ___ ___ ___,0=-52 ___ _;:Oc.:;.3:..:3:.::9c..,1-"--0

465 0

53 ______ ___,o=-s4 ___ ___ ___,o=-55 ______ ___,o=-56 ___ ___ ___,o=-51 ______ ___,o=-58 _ _ ____ ___,o=-59 ______ ___,0=-60 ______ ___,o=-

466 _ _ ____ ___,o=-61 ______ ___,o=-62 ______ ___,o=-

63 3.00375 ~1- ---=..cc=-=-,1 _ Do Nol Add

64 ~--....;.0;.;;.2.;;..70.;;..0;;.;0;., 0

1.27982

2.27051

65 ___ __c:3c.:.5::.:5:..:0:.::3c.::c.3

66

67

6B

69

565

566

###

###

0 0 0 0 0 0 0 0

70 _ __ _:2:,:.0:..:0:...:4.::.05::.. 11 _____ _ ___,o=-

72 14.26348

Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction.

___ 1) The prescribed Notice of Public Jleariig Budget Eslimato {Form 631 .1)was lawfully published, or posted ir app!icab!e, Red proof was evidenced.

___ 2) Budget hcarTig notices were pubrished or po§tod not less than 10 days, nor more than 20 days, prior to the budgel hearing.

___ 3) Adopted property taxes do not exceed published or posted amo unts.

___ 4) Adopled ellpendilures do not exceed published or posted amounts in each of lho nino program areas, or in total

___ 5) Number or the resolution adopting tho budget has been Included at the top or this form.

___ 6) The budget file uploaded l o the SUBMIT Area matched the paper copy certified by the city to this offico.

_ __ 7} The long te,m debt sehedu~ (Form 703) shows suHicienl payment amounts lo pay lhe G.0. debt ce,tified by lhe city to 1h11 off1Ce.

FY/8--\4 Department or M,a,g,m,nl

Adoption of Budget and Certification of City Taxes

FISCAL YEAR BEGINNING JULY 1, 2018 - ENDING JUNE 30, 2019

25-228 Resolution No.: ____ 1_8_-1_6 ___ _

The City of: Adel County Name: DALLAS Date Budget Adopted:

The below-signed certrnos tl,at the Cl!)' Council, on the d•le alated ,ibove, Jawfull~ appro•,ed lhe named resolu~on adopling a budaet for ne:,:t ~seal year, as summarized on this and 1he ouppotUng pog••· Attached I• long Term Dobl Schodulo Folm 703 which r,sl• any end al of lhe debt ~•Moe obligatlon• of1he City.

(515) 993-4525

County Auditor Date Stamp January 1, 2017 Property Valuatlons

Regular

DEBT SERVICE

Ag Land

Code Dollar

Sec. Limit Purpose

Ja~.1 a.10000 Regular Genera! levy

l>M) Non-Voted Other Permissible Levies 12(a1 o.67500 Contract for use of Bridge 12110) o.9sooo Opr & Ma!nt publicly owned Transit 12{H) AmtNec Rent, Ins. MalntofCJv!cCenter 121121 o.13soa Opr & Maint of City owned Civic Center 12(1JJ o,067so Planning a Sanitary Dlsposal Project 12114) 0.21000 Aviation Authority (under sec.330A.15) 12110J o.001iio Levee lmpr. fund In special charter city -121111 Amt Nee Liability, property & self Insurance costs 12(21} Amt Nee Support of a Local Emerg,Mgmt.Comm. (JM) Voted Other Permissible Levies 12(1) 0,13500

12{2) 0.81000

1t{3) 0. 1J500

12{4} 0.27000

fi(6) AsVo!ed

12(6) 1.35000

12(9) 0,03375

12(16} 0.20500

12{18) 1.00000

12(20) 0.27000

2BE.22 1,50000

lnstrumenta!Nocal Music Groups Memorial Building Symphony Orchestra Cultural & Scientific Facilities County Bridge Missi or Missouri River Bridge Const. Aid to a Transit Company Maintain lnslitulion received by gift/devise City Emergency Medical District Support Public Library Unified Law Enforcement

Total General Fund Regular Levies {5 thru 24)

m.1 3.00375 Ag Land Total General Fund Tax Levies (25 + 26)

Spec!a! Revenue Levies

~s4.0 0.21000 Emergency (if general fund at levy limit) JM.6 AmtNec Police & Fire Retirement

Amt Nee FICA & IPERS Qf general fund at levy limit) Rules Amt Nee Other Employee Benefits

Tolar EmpToyee Benefit Levies {29,30,31)

Sub Total Special Revenue Levies (28+32)

Valuation

"' AsHoq With Gas & E/ec Without Gas & E/ec

,. " ,.

With Gas & Electric

129,514,415 2b

152,471,976 3b

1,000,297

TAXES LEVIED

'" Request with Utility Replacement

1,049,067

"---------" ---------u ________ _

,< -----~4~2~,8~8~20

"' "--------" ---------" ---------

" ---------" --------"' ---------"---------,, ---------,., ________ _ "---------" ---------25 1,091,949

"-----~3~0~0"'5 21 1,094,954

,. ______ 30

40

,09

06c9

,. -------~-" -----~' ·~•~,4~1~•, a, _____ c2909~,~13040 " _____ 4~6~5=55~20

500,521

SSMID1 ., • __________ M ---------

SSMID2 ., • __________ ,; ---------SSMID3 ., • ---------"--------SSMID4 " • __________ Y ---------

SSMID5 " ., __________ s» ________ _

SSMJ06 ., ., ----------"'---------SSM!D7 .,

" ----------""---------SSMIDB "

., __________ ,,. ________ _

Wilhou\ Gas & Electric

126,928,924

149,886,485

"' Property Taxes Levied

1 028,124

0 0 0 0 0 0 0

42,026 0

0 0 0 0

0 0 0 0 0

0 0

1,070,150

3,005 1,073,155

34,271 0

163,096 293,163

456 259

490,530

0 0 0

0 0

0 0 0

Total Special Revenue Levies 39 500,521 490,530

"

" " " " " " " " '"' ., " " " " " ., '" "" " .,

"'

"

"'

.. " .. .. , .. ... '" -

3113/2018

Las\OfficlalConsus

3,682

{Cl

Rate

8.10000

0 0 0 0 0 0 0

0,33110 0

0 0 0 0 0 0 0 0 0 0 0

3.00375 OoNotAdd I

0.27000

1.2B404 2.30966

3.59460

0 0 0 0 0 0 0 0

3e4.4 AmtNec OebtServlceLevy 76.10(6) 40 301,857 40 296,738 10 1.97975 JM.7 o.e7Mo Capital Projects (Capital lmprov. Reserve) 41 _________ ~1 O n o

Total Property Taxes (27+39+40+41) 42 1,897,332 42 1,860,423 12 14.27545

COUNTY AUDITOR - I certify the budget Is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction

__ 1) Th• prescribed Notice of Public Hearing Budget Estimate (Form 631.1) was !awfully published, or posted ii applical,fo, and nota,izod, fOod pr<><>lwas evidenced.

__ 2) Budge! hearing notices were published Of posl•d not less than 10 daya, nor moro lh•n 20 d•I", prior to lhe budget hearing. __ 3) Moptod prop.orly laxes do not axoood pu!iished or posted amounts, __ 4) Mopted exponc!ilu10• do not axcood pul:/ished or pos1ed amounts In each of lho nln• prog,a,n a,ea•, or In tolol __ 5) Nu,nbor or lh• resolutron adopting lho budgo\ has boon Included at the top of lh!s form. __ 6) Tho budge! fife up!oad,d lo the SUBMIT A.Teo matched the paper copy ce1lmed by the city to this oface. __ 7) The !oag laun debt aohedule {Fo,m 7Dl) shows slllffdenl payment amounh to P•Y the G,O. dobt certifi•d by lhe city to Ull• office.

rorm 635.\


FISCAL YEAR BEGINNING JULY 1, 2017 • ENDING JUNE 30, 2018

25-228 Resolution No.: ____ 1_7_-1_7 ___ _

The City of: Adel County Name: DALLAS Date Budget Adopted: 3/14/2017

TI1e below-s\gn•d ce,tif.,es that Iha City Col/flc~ on 1he dale staled above, lawfuny approved tho named resoMion ado piing a budyal far ne,d nseal year, •• summarized on lhT, and tho oupporliay pages. Attached is L,;,ng Term Dahl Sohedu]a Form 703 which lisls any and all of tho debt ••rvka obligations of tho City.

County Auditor Date Slamp

Regular

DEBT SERVICE

Ag Land ,._, .. , -1·

Code

Sec. j_.,, 384.1

' (304)

12(0)

12(10)

12{11}

12{12)

12{13)

12(M)

12(15)

12(17)

12(21)

(384)

12{1)

12(2)

12(3)

12(4)

12(ij)

12(6)

12{9)

12(16)

12(18)

12(20)

28E,12

384.1

364.6

J64.8

Rutos

, ..

Dollar Limit Purpmrn

·-la'-' ·-1 1- -

s.10000 Regular General levy ' l - - ·, ··· - 'f"; ···T•1

NOil-Voted · Olh-er Per!TiisSib!e Lel/ies o.e1000 Contract for use of Bridge o_g5000 Opr & Main! publicly owned Transit Amt Nee Rent, Ins. Main! of Civic Center o.moo Opr & Main! of City owned Civic Center o_oa150 Planning a Sanitary Disposal Project 0.21000 Aviation Authority (under sec.33DA.15) 0.06150 Levee lmpr. fund In speclal charter city AmtNoo Liability, property & self Insurance costs Amt Noc Support of a Local Emerg.Mgmt.Comm.

Voted Other Permlsslb!e Levies 0.1:isoo lnstrumenla!Nocal Music Groups o.a1000 Memorial Building o.1Jsoo Symphony Orchestra 0.21000 Cultural & Scientific Facilities As voted County Bridge 1.3500() Missi or Missouri River Bridge Const. 0.03375 Aid to a Transit Company 0.20500 Maintain Institution received by gift/devise 1.00000 City Emergency Med!cal District 0.21000 Support Public Library 1.soooo Unified Law Enforcement

Total General Fund Regular Levies (5 thru 24) 3.oom Ag Land


Special Revenue Levies 0.21000 Emergency (if general fund at levy limit) Am\Nao Police & Fire Retirement Amt Noc FICA & IPERS (if general fund at levy limit) ArntN•• other Employee Benefits


Sub Tota! Speclal Revenue Levies {28+32) Valtmlion

As Reg With Gas & Elec Wi/houl Gas & Elec

SSMID1 " ., SSMID2 " " SSMID3 " " SSMID4 "

., SSMID5 " ., SSMID6 " " SSM1D 7 " " SSMID8 " "

" ,. ..

''

" " " "

I

(515) 993-4525

January 1, 2016 Property Valuations With Gas & Electric

121,554,233 2b

144,251,180 3b

977,611


118,931,830

141,628,777 ---,1·

lost Ofr,clal CensY•

3,682

I',-

TAXES LEVIED ,,, Request with

,-~,ti,lily ~-~fl~c~~fr\

984 589

,,, Property Taxes

Levied

'

(C)

Rate -,1 I

963 348 43 ___ _,a~.1~0~0~0'.-0

v-· I- ·--1,:( i-,, 1-:., i--- -i i_... ' .. i -::,·o, o,,-: 44 ______ ~

. -!

--.!) c--------"oc. ,, [ 45 ------~00 1-·' O ~I 46 ______ ,.,_

~ _______ o,.,_· · 41 ______ 0~

--------~•.) --------~~-~.".!: ::------~~

"'

_________ ,"i_·_,; --------~o "------~o -----~41=0~68~:-:,'l--'/: 4D,18ii'•_

104:~----"0~.3~3~7~8~,.,_

i_ .. ·

" '" " '" " '" " n

'" " " " " " I--'-!

" ,. ,0

" " "

" " '" " ,,, -,m ,,.

Pl -l ·-·:i_.- i-k- ':T-:'- -_,·1·-·' f_·, ·-!··' r _________ ::,,_, (~·, ________ _,.a ,-,r 63 ______ _,.,_o

Or 64 O

-,_ L ~-------"-o " ============":o o<' 56 -----~o 01:i 61 ------~o

-1:1 Q_ .. '·,P 50 ______ .,_o

_________ ---:-_.i ---------cco _, "IJ s9 ------~o

\-------~~ :·.-: !; 4::============:~

' k'

r~------~~ i: 61 ------~~

")-. t! .. \r"-"·"·"·--.-. -~~='.. 1,003,530 ··-1°0. ·1.··i JI 1,025,657'

2936'. -}·; 2 936 :·.'J, f 63 ~--~3~.0~0~3~7.c,5 1,006,466,- . 11 DcNotAdd I

i,)' !,Ci 1

-:.1- I',\ 1

,_r:·11 1,028,593 ._,

l"·:,.1

_ __,:.H_ r·!

32,820 L<! -----~3~2~, 1~1~2 04 0.27000 -----=~-0~' ·,·1 -.' 1~--~=~-'-. ' -

' 159 742:·· 242,054, 401 796. '. ,j

434,616

156 295 )-.:11-----'~·'~'~41!! -----~23~6~,~8c33c-, ]' 1.99133

393128 ;.:-j'. es 3.30549 ,----~==~ ,-.--.-,-,~=,= 425,240

I i. ' ··;

1__:; ~------0~ 0

j, 0 0

1._ --------~1-1

--------~~-1--,' ]' : 0; 69

0 I\ 566

0

--------~· ':'1 :! --------~o · . 11 566

O: ' ,-, m ~-------70 f: II##

0 0 0 0

Total Speclal Revenue Levies 39 434,616, 425,240 ; +·i' ' 'I -~

auu AmlNee Debt Service Levy 76.10(6) 40 330,477 40 324,469. ,o ---~2~.2~9~0~9~8 Jou o.G1soo Capital Projects (Capital lmprov. Reserve) ~1 _________ " 0 ,, _______ o~

Total Property Taxes (27+39+40+41) 42 1,793,686 42 1,756,175.' h 72 14.30433

COUNTY AUDITOR - I certify the budget is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction.

__ 1) The presonOadNotloeof Public Hearing Budget E•1ima\•{Form631.1)wasJawfu~pubHshod, orposlod ifapplkabl•, and notarl;:od, filed proofwa, evidenced. __ 2) Budget hoaring Ml!ceswore pubijshed or posled Jl(]t Je,s fhan 10 days, normor<,!han20 days, p!lor!o the bud9ethear"19.

__ 3) Adopted properly laxes clonol eio:eed pubNshed Of posted amounts. __ 4) Adopted •"P•nd~ure, do no\exroed published orpos!ed amountsln eaoh of the nine program ere es, orintolal __ 5) Number or lhe resoMion adopting lhu budget has been O'c!uded a! th• lop o! this fom,. __ 6) The budgelli1• Ypk>adod (o lho SUBMIT Area matched the paparcopycorlir.ed bylhecily\olhh;o[f,:e. __ 7) Th• k>ng lem, d~ht schodulo (Fom, 703) shows sYffrclent payment amol!fl\s \o pay lho G.O. debt certified by Oie cRy lo lhi, urnce.

L [

I t

fo,rn 635.1 FYl~-17 D1p1rtm1ntof M~1lag1m11nt

25-228 Adoption of Budget and Certification of City Taxes

FISCAL YEAR BEGINNING JULY 1, 2016 - ENDING JUNE 30, 2017 Resolution No.: ___ .....;1..;6...;-0;.:8.....; __ _

The City of: ADEL County Name: DALLAS Date Budget Adopted: 03/08/2016

The ~fOW-$!gned certlfies lhal lhe City CouncTI, on lho date stated above. lawfully approved the named resolVOOfl adoptt"lg a budget tar neA1 fiscal year, as summa,ized on this and lhe supporting pages. Attached ls long Term De bt Schedule- Form 703 v.hlch IGts any and all or the debt serf.cc obligations of tho Ci'!y.

.... ~ • ! t - ·. T " l , I' I • ., •- . ' \ •;

County Auditor Date Stamp

Regular 2a

515-993-45?.5 Td1Jhr-l,'vr-1Hr ,-.~-, , _.:, t:--i · • 1·,, ,..,[ l"''l _,/• f'"':' ••

January 1, 2015 Property Valuations Wllh Gas & Electric Without Gas & Eleclric ----------------------------------u --------------------- ----------------·--

115,478,273 2b 112,633,499

l'f~)WWU

LastOfficla!Ccn~us

3,682

'- 'f:·'" e..:.·, .•. ---,

DEBT SERVICE

Ag Land 4•

3a ______ 1_3_8a..,44_6a..,7_8_2 3b 135,602,008

_. ,-.-.. - ----.-.,-.. ,---,~- ,..:8

..:~..:~.:;•_?;.;1~;..:.~ ~-: ~:/.i/~!.J ·1):~·:··-;, h:r:~~> r{_:;~.~fh',i I ~--\11 ·.J .~I

! 'l l

TAXES LEVIED !A) (B) (C)

Cod• Dollar Request with Property Taxes Sec, Limit Purpose Utillty Replacement Levied Rate

,_ 1-1 ... ~- 1~'."' .i. ~:,1.1 r, 1,! :-1_ 1 ~~·.:. 1-:: •·.1 ·~ -'•T •! :1.:-. i •1 1 . r :1\-: r -1·:-! _ __ , • 1 ;-.·T-1 _F.1,- 1 ~---·1 ·1 . . ~-1 "1 : ·. , ... , ,, .. , '= -=~-r-1 384.1 0 .10000 Regular General levy s 935 374 912 331 43 ·s.10000·

i::::'· ::61

1Ja~-:i~~£:f :~~~::~~1~~~~: [e~i:~ , 1

n "' ' '.,"I\ 1-'l .. ; l 1d: ::t1 ~c:;~;:;''.~~,: ) lJ :):I{ : '.'F<i;:·:\ ;> I -( :~} ,I,!_ ::>-1;: 12110) o.9sooo Opr & Maint publicly owned Transit ________ _ :·,\ .. ,rt 0 \ I· •5 O 12111) Amt Noc Rent, Ins. Main! of Civic Center ,-· · 0 ,. 46 O 12112J 0.13500 Opr & Main! of Cily owned Civic Center ,}-1:\ ·. o' '.;•-r, 47 o 12113> o.06750 Planning a Sanitary Disposal Project 10 _ ________ -1- o·\.• r; 48 O 12114) 0.21000 Aviation Authority (under sec.330A.15) 11 n(.

1}: Oll 49 0

1211•1 0.06100 Levee lmpr. fund in special charter city " ,.- .1 ,._. oJ·; 51 O 121111 Am1N,c Liability, property & self insurance costs 14 40 306 '· . q,;( · 39 314 · ;,11 52 0.34904 121211 AmtN,c Support of a Local Emerg.Mgmt.Comm. •62 1..'l ., :r· 0.-•. , .. •65 0 (384J Voted Other Permissible Levies ·, '. 1:,/ ·,, ' ·r·,i'" ('/' 1

"·1--' ·1

" r -'· '· '·'-1-'.\ ii •···,T ,, .. ,,'r' '·\·.1 ·:_. •··•·-.r-f , .• , 12c1J o.moo lnslrumentalNocal Music Groups 15 · '· .•\i.-f ·:; · · o'J·.,11 \/· o 12121 0.81000 Memorial Building 16 ~

1kr '._:. ; O '\.-:1,: 54 O

121,1 o.13soo Symphony Orchestra 11 --------~-- 0!l. ,_ 55 O 121•1 0.21000 Cultural & Scientific Facilities 18 , .J 'I:; , 0 :I'•·• 56 0

12(5) AsVoted County Bridge 19 / :,.'_· __ .-_.!,'.-_.•,,I,~·., O d i 57 0 12c• 1 1_35000 Missi or Missouri River Bridge Const. 20 _ ________ .. 0 ' ~:' I-! 58 0 121•1 0.03375 Aid lo a Transit Company 21 ,, ' • ' 0 :f · · 59 0

;;:::: !::: [~~:~~e;~~;~:~~~:~c::v;i~t~i~tgiWdevise :,:,• \_-_l,:;:l:,'.1~_; !'..ti,:: •s: .. 2: i 2BE.22 1.soooo Unified Law Enforcement . .... · ·

Total Gen eral Fund Regular Levies (5 thru 24) 2s 975,680:J•;l t; 951,645Jr{;>q ;,)"n; __ ;J:r->l 384.1 3.00375 Ag Land 26 2,643 c. l'l, 2,643 _r ' i~ 63 3.00375

Total General Fund Tax Levies (25 + 26) 21 978,323 [>•1.,., -F' 954,28B'Lst'1'( O•N•tAdd (

Sp nclnl Revenue L evlf!I $ ,1""'?;;-:[:1 .. ,:S 1-,:.j .:,-, . .;·..,'.·1::~ q.,J-:-1'.,:,J:.r-F'l-1.. r;;·.F f.':-i : l I ,J\1,, 1-:1:"~H~~~r ,} ::I \~,, _ii-LJ __ r r, r•-J.,, ,r_· , 384.• 0.21000 Emergency (if general fund at levy limit) 28 31,179 cf "'\.; 30,411i-'( ., 64 0.27000 384

·• ::::: ~~1e&~~;~;(i~;::~!1 fund at levy limit) : 151 996:{~:},: 148 25~ { ;_}1

1.a1s2~

Rules Amt Noc Olher Employee Benefits a1 232 755:~:1 · ~-:, 227,022 ' \,,1

;'- I. 2.01558

Total Employee Benefit Levies (29,30,31) 32 384°752i ,; ;i.:\; 375 274 :f ' 65 3.33181

Sub Total Special Revenue Levies (28+32) " 415,931 , }f·! 405,685 JT;_ i ··; :" I'•·:: :-·;·.-c' ' Valuation r 1 1 1 t 1 { i { t· •

388 AsReq WilhGas&.Elec Wilhou/Gas&.Elec le .{' -i 1 .: •;,;.I J,_:• I,·, .t . 1.i I ' / c-,

!!~:~ ~ : ================:; ===================== :: =======:=========:=J,r<'. gJ I'> :; g SSMID 3 w ________ IBJ __________ ,. _________ ·,.,.i O ~.\! :) ea 0

SSMID 4 w ________ IBJ ___________ 37 :•r:>: 0 ''1; Ji 69 0 SSMID 5 w ________ @J ___________ 555 ________ __.J,"'\•1.;;,! Of\, 565 0 SSMID6 "l _ _______ @J ___________ 656 ________ ~ 0 ,,.1-! 566 0

ss:::;};:;al Revenue Levies@J ----------- -= 41,,,:'.t ; ,os.,~t;:!;, ,J•~'.7Yn ,0

,'4.4 AmtNec Debt Service Levy 76.10(6) 40 318,140 40 311,603 'i,.,.; 10 2.29792 ,.,.1 0.61500 Capital Projects (Capital lmprov. Reserve) •1 _________ •1 0 -i · 11 0 .

Tota l Property Taxes (27+39+40+41) ., 1,712,394 42 1,671 ,576J •f:: 12 14.34877

COUNTY AUDITOR - I certify the budget is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction .

___ 1) The preacribed NoUce of Public Heating Dudgel Estlmalc(Form 631.1) was lawfully published, or posted lfapplX:able, n nd notar~ed, f]ed prootwas ev'idcnccd.

___ 2) Budge I hearng nolicci s we re published or po~ted n ot less than 10 d ay,, nClf mote lha_n 20 days. p,ior to lhe bUdgel heatilg.

___ 3) Adopled properly taxes do Ml exceed published or posted amounts. ___ ii) Adopted expendlu1es do 1101 exceed published or posted amounti in ~.ich ol lho nine program a,eas, or In lo\al. ___ 5} Num~r oflhe resolution ndopting th11 budgel has been Included at lhe top of this rorm.

__ 6) The budget filo uplo.ided lo the SUBMIT Nea matched U1e paper copy certified by tho city lo this office. __ 7) The long term debt schedule (Form 703) $hows autftclent payment amounts lo paylho G.0 . deb! certified bylhe city lo thb olfice.

{OJIHJAl.d!a)

I ' i ' I I

I ~ l I I J

" l f ~

l t· ! i l r i t

I t I l

Form 635.1 FYI 5-!l Adoption of Budget and Certification of City Taxes

FISCAL YEAR BEGINNING JULY 1, 2015 RENDING JUNE 30, 2016

o,partrnen! oJ Ml!Iloyem•nl

25-228 The City of: Adel County Name: DALLAS Date Budget Adopted: 03/10/2015

Al a meeUng of1hn c;ty Council, held otter lhe publ;e hearing ns ,equjred by !aw, as specified abovn, lh• proposed budget was ndop!ed ns summai!~ecl and attached hereto, and lax !ovles, as llem!~ed

below, were approved for all taxable property of this City. There l• attached a Long Term OcbtSchedu1e Foim 703 for the debt service needs, lfany,

515-993--4525

• • • • • •. •. •.,. •. •. •. •. •. •. •. , • •. •. •. •. •, •. • • • • • • • • •, • • • • • • • • • • •, •, 0Tt":".~~"':. • • • • • • • • • • • • • •' • • • • • •' • • • • • • • • • s~,r.."• ......... . - - .... County Auditor Date Stamp

-:-:-:-:,:-:-:-:

Regular DEBT SERVICE

Ag Land

,. " ..

January 1, 2014 Property Valuations With Gas & Electric

112,741,966 2b

136,000,125 3b

925,271

Wi!hout Gas & Electr!c last Official Census

109,806,159 133,064,318

3,682

....... ' ................ :-:.. . . . ... . . .............. ' ..... . . . . . . . . . . . . . . . . . . . . ' .. . ' ........... ' ....... . _._._-:,_-:-:-:-: ... ·-:-:-:.:,:,:,:.:,:.:.: . ' .. TAXES LEVIED

(A) (I!) {CJ

Code Dollar Request with Property Taxes

-~~~·;,;,:i~i!_,:,;-:-;-:'.:U!f?~~:-.•:-.·:-,·.·.·,·,· ...... •:-:,;,;~t\l~t~.~~~l~~~~~r\.:;; . , .•:-~~~1.e~•-•.•:•; : ; ;.; ; ; ~a~e.·: ,

3M.1 B.10000 Regular General levy 913210 889_~ 43 ____ 8.10000

1:a4.> : • : • : • :Nbn:v~t~ci:-•ifi~i P=e-rfn1~Sib1~·(e~i-~S:.:.: ....... : : : : : : : : : : : : : : : : : : : : : : : : : ;: : : : : '.:::: '.:::;::::: '.:: '. '.:::;:;:::::::::::: :: '.;:

12(8) o.s1500 Contract for use of Bridge --------~ · 00• ! ~- j · 44 ·o

12110) o.s5ooo Opr & Ma!nt publicly owned Transit ---------. ---------"- <> 0 12c111 Amt N~c Rent, Ins. Maint of Civic Center _________ 0 0 : : : 46 0 12(12J o.moo Opr & Maint of City owned Civic Center _________ . 0

0 l !_· i u 0

12(13J o.omo Planning a Sanitary Disposal Project 10 ---------: ---------"- " 0 12(14) 0.21000 Aviation Authority (under sec.330A 15) 11 ---------' o

0 ~- i !_ " O

12116J o.061so Levee lmpr. fund in special charter city 13 --------~· --------~ " 0 121111 Amt Nae Liability, property & self insurance costs 14 38 015:;;; '.; 37 026 : ; : s2 0.33719 12(211 AmtNac SupportofaLoca! Emerg.Mgmt.Comm. 462 ' 0 :;: 465 0 (384) Voted Other Permlsslble Levies •. ·. ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·: ·, ·, · • · • · • ·, ·, · •· • · • 12(1) o.moo lnstrumentalNocal Music Groups 15 • • • ' • • • • • • • • • • • • • • • o'::: · 5; • • • • • • • 0

12(21 o.s1000 Memorial Building 16 --------~ o0

:_· ! :_. s4 O 12(3) o.13soo Symphony Orchestra 11 _________ --------~- ss 0 12{4J 0.21000 Cultural & Scientific Facilities 1s _________ 0 : : : w 0 12{5) As Voted County Bridge 19 --------~ 0 :- : H 0 121e1 1.35000 Missi or Missouri River Bridge Const. 20 _________

0

o0

:!: _::: :!:_ " O

12191 0,03375 Aid to a Transit Company 21 --------~ --------~- os O 1211ei 0.20500 Maintain Institution received by gift/devise 22 __________ ~--------'!-· " 0 12(18) 1.00000 City Emergency Medical District 463_________ 0 < · 4Ge 0 12(201 o.21001J Support Public Library 2l _________ , o

0 I j_ ~ e1 O

2sE.22 1.60000 Unified Law Enforcement 2, ---------: ----------"-'· ••• ~ • • • • , • • _o 2s 9s1,22s:::::; 926,456::::;:::;:;:;:;:;:.:::::

384.1

364.6

384.6

R11!es

'"'

Total General Fund Regular Levies (5 thru 24) 3,oom Ag Land

Total General Fund Tax Levies (25 + 26) Special Revenue Levies

28 30,440::: '.:: 29,648 : : : 64 0.27000 0.27000

Ami Nee

Am\Nec

Amt Nee

Emergency (if general fund at levy limit) Police & Fire Retirement FICA & !PERS (if general fund at levy limit) other Employee Benefits


"------~~= o=::::: 30 142 652::: '.:: 138 938 : : : : ; : f-----,-.,-as-,"'f, 31 211,014:::: '.; 205,519 : : : : '.: L---,-,'c,·'',,''"'=1' n 353,666::: '.:: _____ 344,457 : '.:. ?~ ~-~~-c-'3;c. 136~/J

Sub 'fatal Special Revenue Levies (28+32) 384,106::: ::: 374,105: '.: '.: '.: :: '. :: : : :::: :: :: :

As Req

Valuat·,on · · · · · · • • • · · · ........... VVl"/hG &El Wl"th /G &El ••••• ' ' ' •• ' ' • • • ' ' ' ,·.·.•.•.•,•,•,•.·.·.·.· --"""-='.,_s=='c'-------"-"'='"'-"='c'ce.c:,'oc _ _:· ;: : . : . : . : . : . : . : . : . : . : . : : : : : : : . : . : . : . : . : . : . : ':.:. b' ! ; ! . ~; ............... -~

---------- ,s --------~ 0::: 67 0

----------- :; ================== ~ j i i :: ~ ----------- '"--------~. 0 '.:: 565 0 ___________ 556_________ 0 : : : 566 0

-----------1::

1 o:::::: ~!U::: O<>No!Add O

SSMID 1 w ,. SSMID 2 w ,. SSMID3 w ,., SSMID4 w ,. SSMID5 w ,., SSMID 6 ,. ,., SSMID 7 ,. ,.,

TotafSSMID

Total Special Revenue Levies ~84.4 Amt Nee Debt Service Levy 76.10(6) ~o 369,220 40 ____ _.,36.,_1"',2-c5cc0::: 10 2.71485

-------~oc::: 71 0 384.7 0.67500 Capital Projects (Capital lmprov. Reserve) 41 _________ "

Total Property Taxes (27+39+40+41) ~2 1,707,330 42 1,664,590::: 12 14.55899

COUNTY AUDITOR - I certify the budget is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction.

1) The prescribed Notice of Public Hearing Budget Es6ma\e {Form 631.1) was !awfullypubllshad, or pos1ed!f applicable, and nolarlzod, med proof was evidenced.

2) Budget hearing no~ces wero published or posted not less lhan 10 doys, nor mote than 20 days, p,lorto the bud9at heai!ng.

3) Adopted property taxes do not exeaed publ!shed nr pos1ed amounts.

4) Adopted expendllmes do not cxcood published orpos!eclamounts !n each of1he nine proarnm a,eas, orln lo!aL

5) The budget file uploaded to the SUOMIT Alea matched the papor copy certlfted by !he cltyto thjs office. (CounlyArnll«/

Adoption of Budget and Certification of City 'faxes

FISCAL YEAR BEGINNING JULY 1, 2014~ ENDING JUNE 30, 2015

25-228 The City of: Adel County Name: DALLAS Date Budget Adopted:

Al a Jfleet!o,;, of Iha c,;y Cow«, hekl nflor tho j>IJbSo tit,,003 •• r~ooad tr/ law. •• ~...i ~bow. tho prop;,,S«! 1,i,j9ot w•• ~doj'.l!ed as sa.mmalUed am ettach<d hot®, oro 1s1i l<lvles. as l:IS'lliurl

bebw • .,.,..,. ,.P/'fllW!d fo, a1 ta,alk prop<rtyof 11-.,:,, City. TI""" is e\lach«I a torg Te<m Ocli! Schedule f'om, 703 for the, debt seMt<> needs. 'la«/,

Couflly Auditor Date Stamp

Regul_ar ,. DEBT SERVICE ,.

Dollar

January 1, 2013 Property Valuallons With Gas & Electric

TAXES 'LEVIED ,,, Request with


,., Property Taxos

Levied

3,682

,,, Rate

Code Sec,

:-:,:

3M.1

{JM)

1~6)

U/10) 1:!{11)

l:!{12)

1:!{ll)

12/H}

U{l&J

12{16]

U{22J

[3&.lj

12{\)

12{2i

12{3)

12(~)

12{&)

12(&)

12{g)

1~17} 12j{g)

,12(211

umit ············:·:'···l·'!·lf·~·~!: ........ . n.10000 Regul.iirGeneral !evy

Utlllty Roplaceme_nt

· 942·,0;4 9·18,387 •3 ,,,,,:~'.~~'(}'();

~r .. ••••••••••:::, ~- - -- --• ••:;:; . .,;;,:,;,;-

•:•I•:•:•; ;:{::;tt'./;;;~;~;i;!;;·,::. . !❖ i•:-!-·•,-:.:.:.:.;:;:~;iirnr:~-~·-____ _

. . ·:;;::·/~ ----------"'!I ! _____ g

;:;:;:::::Non-Voted;:; Other Perm.lsslble Levies,:,:

o.67500 Contract for use of Bridge 0.95000 Opr & Main! publicly owned Transit AmtNec Rent, Ins. Malnl of Clvlc Center 0.13500 Opr & Malnl of City owned Civic Center o.o,mo Planning a Sanltaiy Dispbscil Project 0.21000 Aviation· Authority (under sec.'330A.15) o.001so Levee lmpr. fund in Special charter city Am\Noo Liability, prope_rly & self itlsurance costs AmtNec Support of a Local Emerg.MgmtComm.

" " " " ---3~,~.,~33'" ::::::,::::--- 37,17~:::m :~ 03278~

Voted Other Permissible Le\l!es o.t3500 lf!slrumentaWocal Music Groups o.a1(X)O Memorial Building 0.13500 Syillphont Orchestra 0.21000 -Cultliral & Sc!Einllflc Facilities MVolod County Bridge. 1.3.5000 MiSsi or Missouri River Bridge Cons!. o.oom Aid lo a Transit Company 0.20500 Mairit0.ln Institution received by gift/devise 1.00'!00 city Emerg8ncy Medical Dis\ric_t 11.wxJO Support Pul;lliC Ljbrary

'"'" 1.50000 l!nln.ed li:iw Enforcement

Total General Fund Regular Levles·(s thru 24) 3.00J75 Ag Land


u _______ __, .. , " " " "

----------;,

™·' 384.e

o.uooo M'l\N~

Am\Nec

Amt Nee

Spectal R8Venue LevieS Emergency (if general fund at levy limit) Police & Fire Retirement FICA & !PERS (if gerieral fund a! levy limlt) Other Employee Benefits

To tar EmpToyoo Bem:fit Le~/e:; (29,30,31)

" " " " "

,,;

23

;;,';o'':_:

4

:;o'':

8

:,:•,•,·;_•_:::;:" ••• ~~;,~:: .:. •;::

341,616!/\·~·

370,864' Sub Total Spectal Revenue Levles (28+32} Valuation , ..

3MA AmtNoc Debt Service Lavy 76.10{6) ~~ 311,195 4fi

3M.1 o.61soo cap1ta1 Projects (CaJ)ltal lmprov. Reserve) 41 ~-----· -·--.. .c1

Total Property Taxes (27+39+40+41) ~2 1,674.421 42

COUNTY AUDITOR • I certify the budget is in compliance with ALL the following: Budgets th1;1t DO NOT meet ALL the criteria belciw are not statutorily compl\ant & must be re.turned to the city for cqrrection.

I} Tha pJc$C<D!rl N:o!lca cf P,i,l<: H""~ Bt<l~r,\ Eslinuln,lf'l"(TII 63_1.I) wai h"hf<ll'/ ~, 0/ po!i!OO l ap!OO'bl,,. and ootariled. fkd p!COfW.U e;'deorol

2) Budgo!.rn.31l"g notiee>werepulw,hedorposlod oo(~Unn 1Cldar,. oormom lhm20d•r,. pror Lolhabtxlgetl,...oo;I

3) /\doplcd p~ylut:$'do 001,._.,,;ipubhhed oipo'ilod n/'rtwtu, •) Ad<>?led o:,pen<ll,..... do ro\ e,=x! pol,~ or poo'le,j amo,ril 01 ""ch of 11,e ri<>e pr,,gra"1 are..,. or 01 total

5) The bodget fro '-"\Jaded ta too sum,or Jue,i matched lhe paper o,p~ cett.Kd by tho <>ty tc W. <>!f,;:e.

Fum 0}1.l


FISCAL YEAR BEGINNING JULY 1, 2013 ~ ENDING JUNE 30, 2014

25-228 The City of: Adel County Name: ____ _c'=Al=UI='----- Dale Budget Adopted, 0 ~:)_ /2 9 ~,7.i;;.;,,;;

county Auditor Dale Stamp

Regular

Code Dollar Sec. Limit Purpose

:~~'.t'' 6.10000 R_egular ~;~~@! 1:~~--······,···N~n·V~t~d Q{h~;·p~~issibi~ leVies (34-4)

12(&)

1~j1D)

12{11)

12(12)

i2!1l)

12(1~)

12(1e)

12(H)

12tn)

-(~4-4! 1211)

12{2)

,2{3)

12(~1

12{6)

11(e)

1~(Q)

12(17}

1.2{10)

12{~1)

2!EM

"'·'

o.67500 C<.ifitraCt for.use or Bridge o.!!5000 dpr & Mailit PUb!icly owned Transit Arnt Nee Rent, Ills. Main! of Civic Center 0.1~00 Opr & Mafnlof cnyowned C;ivlc Center 0.00150 Planning a Sani!ary DJsposal Project 0.21000 A\llatlon Authority (under sec.330A.15) o.oom levee _lrnpr. fund in special charter city Am\ Noo Liability, property & self Insurance costs Amtttec Suppart of a Local Emerg.Mgmt.Comm.

Voted .Other Permissible Levies o.t$DO lnStri.lmerit8W1iCal Music ·Groups 0.01000 Memc\rial Bulld!ng o.tMoo Symp_h_qoy Orchestra 0.21000 Cu_l\utal {II Scieritmc Facilities AsVo1e:<1 CountY Bridge 1.~000 Miss! or Missouri RJyer Bridge Const. o.D3l75 Aid_.to. a Transll _Ci;impany o.20500 -Malnlain lrislitUUon reclilved by gift/devise ,.00000 Cily ErJlergsncy Med_ical District 0.21000 Support Public Library 1.60000 Unified Law Enforcement

Total General Fund Regular Levies (5 thru 24) _i.l,)0375 Ag Land

Total .General Fund Tax Levies (25 + 26) Special Revenue Levles

TAXES LEVIED

'" Roquestwllh

,,, Property Taxes

Levie,~.

:i---------C~l!~'c_··:--;·_·._·._·-·_.·. ____ c--'

~ ~ Jii•,--------i-

,,, Rate

o.moo Eniergency {If general rund at levy limit) AmtN.., Pcilice & Fire Re-Urement Amt Nee FICA & !PERS {if general fund at levy limit) Arnt Nee Other Employee Benefits

',', _____ __c1s~-~oo=o~:,:_'._:,i,:,-_;_;,•_;_:,•_,_!,~,-l_·.. : : · · 14 ~2~ ;;::;,- 64

: ------~='"" !~;:::i :!!!!!::::::1---------"1 -----~~~

"-----~==

"'

Total EfTlployrw Bona fit Levies (29,30,31)

Sub Total Special Rovonue Levies (28+32)

"'"' SSM!O 1 w SSM102 IA!

SSMlO ~ 1•!

SSMID4 1A!

SSMIO~ IA!

SSMID6 IA\

SSMID7 (A!

ValuaUon With 60s & Elec WiU10ut Gas & E/e<;

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rota/SSM/D "'-------~ Total Special Ra\lanue Levies 39 359,302:\ci: 350,334 ?H =~ :.:;: g::{t!i8~~:1:vy (Capital ,;!~~~~) Rasiir\le) ::

346'255

:~ . -~ 338

'68

~ ~'.'.!l: ;: Total Property'Taxes {27+39+40+41) 42 1,693,359 ,12 1,652,237:i;\:i 12

1--------~ 0 0 0 0 0 0

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---------- 0 14.061~1

COUNTY AUDITOR - I certify the budget Is in compliance with ALL the following: Budgets that DO NOT meet ALL the criteria below are not statutorily compliant & must be returned to the city for correction.

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City of Adel, IowaAllocation of General Obligation Refunding Capital Loan Notes, Series 2019

REFUNDED DEBT SERVICE

Principal Coupon Interest FY Total Principal Coupon Interest FY Total Principal Coupon Interest FY Total Principal Coupon Interest FY Total Principal Interest FY Total

6/1/201912/1/20196/1/2020 $41,000.00 $41,000.00 $9,240.00 $9,240.00 $3,150.00 $3,150.00 $3,200.00 $3,200.00 $56,590.00 $56,590.00

12/1/2020 $41,000.00 $9,240.00 $3,150.00 $3,200.00 $56,590.006/1/2021 $195,000.00 2.000% $41,000.00 $277,000.00 $160,000.00 2.600% $9,240.00 $178,480.00 $210,000.00 3.000% $3,150.00 $216,300.00 $45,000.00 2.000% $3,200.00 $51,400.00 $610,000.00 $56,590.00 $723,180.00

12/1/2021 $39,050.00 $7,160.00 $2,750.00 $48,960.006/1/2022 $200,000.00 2.100% $39,050.00 $278,100.00 $160,000.00 2.800% $7,160.00 $174,320.00 $50,000.00 2.750% $2,750.00 $55,500.00 $410,000.00 $48,960.00 $507,920.00

12/1/2022 $36,950.00 $4,920.00 $2,062.50 $43,932.506/1/2023 $205,000.00 2.250% $36,950.00 $278,900.00 $160,000.00 3.000% $4,920.00 $169,840.00 $50,000.00 2.750% $2,062.50 $54,125.00 $415,000.00 $43,932.50 $502,865.00

12/1/2023 $34,643.75 $2,520.00 $1,375.00 $38,538.756/1/2024 $215,000.00 2.400% $34,643.75 $284,287.50 $160,000.00 3.150% $2,520.00 $165,040.00 $50,000.00 2.750% $1,375.00 $52,750.00 $425,000.00 $38,538.75 $502,077.50

12/1/2024 $32,063.75 $687.50 $32,751.256/1/2025 $220,000.00 2.500% $32,063.75 $284,127.50 $50,000.00 2.750% $687.50 $51,375.00 $270,000.00 $32,751.25 $335,502.50

12/1/2025 $29,313.75 $29,313.756/1/2026 $230,000.00 2.600% $29,313.75 $288,627.50 $230,000.00 $29,313.75 $288,627.50

12/1/2026 $26,323.75 $26,323.756/1/2027 $240,000.00 2.700% $26,323.75 $292,647.50 $240,000.00 $26,323.75 $292,647.50

12/1/2027 $23,083.75 $23,083.756/1/2028 $245,000.00 2.800% $23,083.75 $291,167.50 $245,000.00 $23,083.75 $291,167.50

12/1/2028 $19,653.75 $19,653.756/1/2029 $255,000.00 2.900% $19,653.75 $294,307.50 $255,000.00 $19,653.75 $294,307.50

12/1/2029 $15,956.25 $15,956.256/1/2030 $265,000.00 3.000% $15,956.25 $296,912.50 $265,000.00 $15,956.25 $296,912.50

12/1/2030 $11,981.25 $11,981.256/1/2031 $275,000.00 3.100% $11,981.25 $298,962.50 $275,000.00 $11,981.25 $298,962.50

12/1/2031 $7,718.75 $7,718.756/1/2032 $475,000.00 3.250% $7,718.75 $490,437.50 $475,000.00 $7,718.75 $490,437.50

TOTAL $3,020,000.00 $676,477.50 $3,696,477.50 $640,000.00 $56,920.00 $696,920.00 $210,000.00 $9,450.00 $219,450.00 $245,000.00 $23,350.00 $268,350.00 $4,115,000.00 $766,197.50 $4,881,197.50

REFUNDING DEBT SERVICE

Principal Coupon Interest FY Total Principal Coupon Interest FY Total Principal Coupon Interest FY Total Principal Interest FY Total

12/2/20196/1/2020 $31,899.29 $31,899.29 $6,364.44 $6,364.44 $2,187.78 $2,187.78 $40,451.51 $40,451.51

12/1/2020 $32,077.50 $6,400.00 $2,200.00 $40,677.506/1/2021 $200,000.00 2.000% $32,077.50 $264,155.00 $160,000.00 2.000% $6,400.00 $172,800.00 $40,000.00 2.000% $2,200.00 $44,400.00 $400,000.00 $40,677.50 $481,355.00

12/1/2021 $30,077.50 $4,800.00 $1,800.00 $36,677.506/1/2022 $210,000.00 2.000% $30,077.50 $270,155.00 $160,000.00 2.000% $4,800.00 $169,600.00 $45,000.00 2.000% $1,800.00 $48,600.00 $415,000.00 $36,677.50 $488,355.00

12/1/2022 $27,977.50 $3,200.00 $1,350.00 $32,527.506/1/2023 $215,000.00 2.000% $27,977.50 $270,955.00 $160,000.00 2.000% $3,200.00 $166,400.00 $45,000.00 2.000% $1,350.00 $47,700.00 $420,000.00 $32,527.50 $485,055.00

12/1/2023 $25,827.50 $1,600.00 $900.00 $28,327.506/1/2024 $225,000.00 2.000% $25,827.50 $276,655.00 $160,000.00 2.000% $1,600.00 $163,200.00 $45,000.00 2.000% $900.00 $46,800.00 $430,000.00 $28,327.50 $486,655.00

12/1/2024 $23,577.50 $450.00 $24,027.506/1/2025 $230,000.00 2.000% $23,577.50 $277,155.00 2.000% $45,000.00 2.000% $450.00 $45,900.00 $275,000.00 $24,027.50 $323,055.00

12/1/2025 $21,277.50 $21,277.506/1/2026 $235,000.00 2.000% $21,277.50 $277,555.00 2.000% 2.000% $235,000.00 $21,277.50 $277,555.00

12/1/2026 $18,927.50 $18,927.506/1/2027 $245,000.00 2.000% $18,927.50 $282,855.00 2.000% 2.000% $245,000.00 $18,927.50 $282,855.00

12/1/2027 $16,477.50 $16,477.506/1/2028 $250,000.00 2.000% $16,477.50 $282,955.00 2.000% 2.000% $250,000.00 $16,477.50 $282,955.00

12/1/2028 $13,977.50 $13,977.506/1/2029 $255,000.00 2.100% $13,977.50 $282,955.00 2.100% 2.100% $255,000.00 $13,977.50 $282,955.00

12/1/2029 $11,300.00 $11,300.006/1/2030 $265,000.00 2.200% $11,300.00 $287,600.00 2.200% 2.200% $265,000.00 $11,300.00 $287,600.00

12/1/2030 $8,385.00 $8,385.006/1/2031 $270,000.00 2.250% $8,385.00 $286,770.00 2.250% 2.250% $270,000.00 $8,385.00 $286,770.00

12/1/2031 $5,347.50 $5,347.506/1/2032 $465,000.00 2.300% $5,347.50 $475,695.00 2.300% 2.300% $465,000.00 $5,347.50 $475,695.00

TOTAL $3,065,000.00 $502,359.29 $3,567,359.29 $640,000.00 $38,364.44 $678,364.44 $220,000.00 $15,587.78 $235,587.78 $3,925,000.00 $556,311.51 $4,481,311.51

Total Refunded Debt Service

Series 2019 payable from TIF

Series 20011C payable from TIFSeries 2012 payable from LOST Series 2012B payable from Taxes and TIF Series 2014 payable from Taxes

Series 2019 payable from LOST Total Series 2019Series 2019 payable from Taxes

Prepared by PFM Financial Advisors LLC10/24/2019 2:42 PM

Semi-annual Semi-annual Semi-annual Annual Annual Annual Annual Semi-annual PVLOST TIF Taxes LOST TIF Taxes Total Total 12/2/2019

Date Savings Savings Savings Savings Savings Savings Savings Savings 1.99725%12/2/20196/1/2020 $9,100.71 $6,025.56 $1,012.22 $9,100.71 $6,025.56 $1,012.22 $16,138.49 $16,138.49 $15,979.80

12/1/2020 $8,922.50 $5,990.00 $1,000.00 $15,912.50 $15,600.256/1/2021 $3,922.50 $215,990.00 $6,000.00 $12,845.00 $221,980.00 $7,000.00 $241,825.00 $225,912.50 $219,289.52

12/1/2021 $8,972.50 $2,360.00 $950.00 $12,282.50 $11,804.546/1/2022 ($1,027.50) $2,360.00 $5,950.00 $7,945.00 $4,720.00 $6,900.00 $19,565.00 $7,282.50 $6,929.90

12/1/2022 $8,972.50 $1,720.00 $712.50 $11,405.00 $10,745.506/1/2023 ($1,027.50) $1,720.00 $5,712.50 $7,945.00 $3,440.00 $6,425.00 $17,810.00 $6,405.00 $5,974.96

12/1/2023 $8,816.25 $920.00 $475.00 $10,211.25 $9,431.476/1/2024 ($1,183.75) $920.00 $5,475.00 $7,632.50 $1,840.00 $5,950.00 $15,422.50 $5,211.25 $4,765.70

12/1/2024 $8,486.25 $237.50 $8,723.75 $7,899.016/1/2025 ($1,513.75) $5,237.50 $6,972.50 $5,475.00 $12,447.50 $3,723.75 $3,338.37

12/1/2025 $8,036.25 $8,036.25 $7,133.326/1/2026 $3,036.25 $11,072.50 $11,072.50 $3,036.25 $2,668.46

12/1/2026 $7,396.25 $7,396.25 $6,436.056/1/2027 $2,396.25 $9,792.50 $9,792.50 $2,396.25 $2,064.54

12/1/2027 $6,606.25 $6,606.25 $5,635.496/1/2028 $1,606.25 $8,212.50 $8,212.50 $1,606.25 $1,356.67

12/1/2028 $5,676.25 $5,676.25 $4,746.876/1/2029 $5,676.25 $11,352.50 $11,352.50 $5,676.25 $4,699.93

12/1/2029 $4,656.25 $4,656.25 $3,817.256/1/2030 $4,656.25 $9,312.50 $9,312.50 $4,656.25 $3,779.51

12/1/2030 $3,596.25 $3,596.25 $2,890.246/1/2031 $8,596.25 $12,192.50 $12,192.50 $8,596.25 $6,840.34

12/1/2031 $2,371.25 $2,371.25 $1,868.236/1/2032 $12,371.25 $14,742.50 $14,742.50 $12,371.25 $9,650.53

TOTAL $129,118.21 $238,005.56 $32,762.22 $129,118.21 $238,005.56 $32,762.22 $399,885.99 $399,885.99 $375,346.45$5,997.74 2020 Maturity Savings$1,135.41 Contingency

Savings % 32% 60% 8% $407,019.14 Gross Savings

Prepared by PFM Financial Advisors LLC10/24/2019 2:42 PM

City of Adel, Iowa EXHIBIT 1Projection of Tax Increment Cash Flow

Maximum Revenues TIF Certified Operational ExpendituresGenerated Series Series Series Series Series Total Internal TIF Annual Ending

Fiscal Tax TIF Tax City TIF City TIF Total 2011A/2017 2005/2011B 2004/2011C/ 2012A 2007A/2012B/ G.O. Debt Capital Loan Rebate Total Surplus/ Cash FiscalYear Increment Rate Revenue Revenue Misc. Revenue Debt Debt 2019 Debt Debt 2019 Debt Reserved Misc. Abatement Transfer Payments Payments Adjust. Expense (Deficit) Balance Year

463,676FY 11-12 14,172,048 $32.89024 466,122 465,346 465,346 188,777 100,000 288,777 42,142 46,249 52,681 429,850 35,496 36,799 FY 11-12FY 12-13 15,018,620 $31.45504 472,411 495,028 495,028 69,445 189,590 100,000 359,035 67,567 27,772 25,532 479,906 15,122 51,922 FY 12-13FY 13-14 16,477,826 $28.42469 468,377 488,325 488,325 84,449 40,000 185,620 125,000 435,069 43,552 15,512 494,133 (5,808) 46,114 FY 13-14FY 14-15 18,756,405 $27.85271 522,417 535,382 535,382 119,250 40,000 184,345 115,000 458,595 63,864 10,679 533,138 2,244 48,358 FY 14-15FY 15-16 22,985,817 $28.40919 653,008 641,828 641,828 100,000 40,000 182,695 125,000 447,695 180,000 12,512 640,207 1,621 49,978 FY 15-16FY 16-17 22,534,961 $28.52137 642,728 641,589 641,589 167,300 40,000 180,670 122,845 510,815 126,385 3,000 640,200 1,389 51,368 FY 16-17FY 17-18 22,696,947 $27.92409 633,792 633,628 633,628 166,560 40,000 188,270 105,000 9,090 508,920 132,066 6,362 647,348 (13,720) 37,648 FY 17-18FY 18-19 22,957,561 $28.95793 664,803 661,815 661,815 197,290 175,230 105,000 477,520 151,549 12,000 641,069 20,746 58,394 FY 18-19FY 19-20 19,526,776 $28.75881 561,567 561,567 561,567 197,940 167,377 100,000 59,510 524,827 30,000 554,827 6,740 65,135 FY 19-20FY 20-21 17,375,058 $28.75881 499,686 499,686 499,686 193,440 172,800 100,000 466,240 33,446 499,686 (0) 65,135 FY 20-21FY 21-22 17,375,058 $28.75881 499,686 388,540 388,540 188,940 169,600 358,540 30,000 388,540 65,135 FY 21-22FY 22-23 17,375,058 $28.75881 499,686 380,840 380,840 184,440 166,400 350,840 30,000 380,840 65,135 FY 22-23FY 23-24 17,375,058 $28.75881 499,686 373,140 373,140 179,940 163,200 343,140 30,000 373,140 65,135 FY 23-24FY 24-25 17,375,058 $28.75881 499,686 206,940 206,940 176,940 176,940 30,000 206,940 65,135 FY 24-25FY 25-26 17,375,058 $28.75881 499,686 202,440 202,440 172,440 172,440 30,000 202,440 65,135 FY 25-26FY 26-27 17,375,058 $28.75881 499,686 193,990 193,990 163,990 163,990 30,000 193,990 65,135 FY 26-27FY 27-28 17,375,058 $28.75881 499,686 160,510 160,510 160,510 160,510 160,510 65,135 FY 27-28FY 28-29 17,375,058 $28.75881 499,686 156,885 156,885 156,885 156,885 156,885 65,135 FY 28-29FY 29-30 17,375,058 $28.75881 499,686 153,115 153,115 153,115 153,115 153,115 65,135 FY 29-30FY 30-31 17,375,058 $28.75881 499,686 79,065 79,065 144,200 144,200 144,200 (65,135) FY 30-31FY 31-32 17,375,058 $28.75881 499,686 FY 31-32FY 32-33 17,375,058 $28.75881 499,686 FY 32-33FY 33-34 17,375,058 $28.75881 499,686 FY 33-34FY 34-35 17,375,058 $28.75881 499,686 FY 34-35

- Series 2012A G.O. Bonds are TIF eligible for repayment but City is using local option sales tax monies to abate the payments.

Prepared by PFM Financial Advisors LLC 1/23/2020

City of Adel, Iowa EXHIBIT 2Financial Planning for Capital ProjectsProjection of Tax Levies & Tax Rate Impact Tax Rate Impact Summary

Tax Impact FY 19-20 0.02430Tax Impact FY 20-21 (0.14716)Tax Impact FY 21-22 (0.69134)

Include ? Tax Impact FY 22-23 (0.05198)

Current Current Existing HWY Fiscal Total Tax % Taxes Tax Rate/ Misc State Total Debt #169 Fiscal Total Surplus Beginning Ending

Year Payable Valuation Growth Levied $1,000 Adjust. Abatement Reimb. Revenues Service Project Reserved Fees Uses (Deficit) Balance Balance

2011 - 2012 126,359,162 - 376,524 2.97979 774 303,777 681,075 917,104 4,000 921,104 (240,029) (36,378) (276,407)2012 - 2013 130,261,049 3.09% 376,929 2.89364 10,168 1,857,842 2,244,939 874,407 3,500 877,907 1,367,032 (276,407) 1,090,6242013 - 2014 133,795,277 2.71% 346,255 2.58795 2,245 589,008 937,508 2,075,658 3,800 2,079,458 (1,141,950) 1,090,624 (51,325)2014 - 2015 135,327,990 1.15% 311,195 2.29956 1,974 624,106 4,972 942,246 910,728 4,100 914,828 27,419 (51,325) (23,906)2015 - 2016 136,000,125 0.50% 369,220 2.71485 19,677 601,083 11,620 1,001,599 978,923 3,000 981,923 19,677 (23,906) (4,229)2016 - 2017 138,446,782 1.80% 318,140 2.29792 15,759 668,390 9,019 1,011,307 983,530 3,500 987,030 24,277 (4,229) 20,0472017 - 2018 144,251,180 4.19% 330,477 2.29098 5,470 670,620 8,765 1,015,332 989,421 3,351 992,772 22,559 20,047 42,6072018 - 2019 152,471,976 5.70% 301,857 1.97975 (480) 666,311 7,577 975,265 965,667 2,700 968,367 6,898 42,607 49,5052019 - 2020 161,435,311 5.88% 323,524 2.00405 661,595 985,119 951,859 2,500 954,359 30,760 49,505 80,2652020 - 2021 165,299,914 2.39% 306,944 1.85689 750,511 1,057,455 1,053,955 3,500 1,057,455 80,265 80,2652021 - 2022 170,206,767 2.97% 198,385 1.16555 648,270 846,655 843,655 3,000 846,655 80,265 80,2652022 - 2023 175,786,851 3.28% 195,751 1.11357 639,354 835,105 832,105 3,000 835,105 80,265 80,2652023 - 2024 185,461,347 5.50% 196,569 1.05989 636,886 833,455 830,455 3,000 833,455 80,265 80,2652024 - 2025 201,038,111 8.40% 193,039 0.96021 470,716 663,755 661,255 2,500 663,755 80,265 80,2652025 - 2026 201,540,706 0.25% 148,209 0.73538 466,146 614,355 612,355 2,000 614,355 80,265 80,2652026 - 2027 202,044,558 0.25% 150,576 0.74526 462,524 613,100 611,100 2,000 613,100 80,265 80,2652027 - 2028 202,549,669 0.25% 152,186 0.75135 458,674 610,860 609,360 1,500 610,860 80,265 80,2652028 - 2029 203,056,044 0.25% 163,270 0.80406 440,340 603,610 602,110 1,500 603,610 80,265 80,2652029 - 2030 203,563,684 0.25% 164,500 0.80810 441,215 605,715 604,215 1,500 605,715 80,265 80,2652030 - 2031 204,072,593 0.25% 165,450 0.81074 431,470 596,920 595,420 1,500 596,920 80,265 80,2652031 - 2032 204,582,774 0.25% 165,800 0.81043 476,195 641,995 640,495 1,500 641,995 80,265 80,265

Addition of estimated taxable valuation from abatement program per document from Anthony on 10/3/2016.


City of Adel, Iowa EXHIBIT 2aFinancial Planning for Capital ProjectsGeneral Obligation Tax Abatements

Include TIFSeries Series Series Series Series Total Actual HWY Reduction Series Brick St. Capital

Fiscal 2011A 2011B 2011C/2019 2012B/2019 2017 TIF TIF #169 Special of LOST 2012/2019 Bonds Special Improvement TotalYear Payable TIF TIF TIF TIF TIF Debt Abatement TIF Assessments Abatement LOST Proceeds Assessments Fund Abatements

2011 - 2012 47,068 248,174 265,947 561,190 288,777 15,000 303,7772012 - 2013 69,445 233,263 262,083 564,790 359,035 72,385 1,213,610 212,812 1,857,8422013 - 2014 84,445 316,865 185,620 586,930 435,069 138,939 15,000 589,0082014 - 2015 119,250 294,315 184,345 148,900 746,810 458,595 143,938 21,573 624,1062015 - 2016 168,600 271,235 182,695 155,450 777,980 447,695 153,388 601,0832016 - 2017 167,300 282,725 180,670 146,700 777,395 510,815 157,575 668,3902017 - 2018 178,325 188,270 178,100 166,560 711,255 508,920 161,700 670,6202018 - 2019 175,230 218,450 197,290 590,970 477,520 165,388 23,403 666,3112019 - 2020 167,428 213,348 197,940 578,716 548,581 (67,000) 159,875 20,139 661,5952020 - 2021 172,800 214,200 193,440 580,440 466,240 264,655 19,616 750,5112021 - 2022 169,600 188,940 358,540 358,540 270,655 19,075 648,2702022 - 2023 166,400 184,440 350,840 350,840 271,455 17,059 639,3542023 - 2024 163,200 179,940 343,140 343,140 277,155 16,591 636,8862024 - 2025 176,940 176,940 176,940 277,655 16,121 470,7162025 - 2026 172,440 172,440 172,440 278,055 15,651 466,1462026 - 2027 163,990 163,990 163,990 283,355 15,179 462,5242027 - 2028 160,510 160,510 160,510 283,455 14,709 458,6742028 - 2029 156,885 156,885 156,885 283,455 440,3402029 - 2030 153,115 153,115 153,115 288,100 441,2152030 - 2031 144,200 144,200 144,200 287,270 431,4702031 - 2032 476,195 476,195

- Assumed Series 2011A and 2011C were 100% abated, along with $40,000 and $105,000 from Urban Renewal Area

73,000 TIF Revenues FY 21


City of Adel, Iowa Financial Planning for Capital Projects Projection ofG.O. Debt Capacity

Beginning Fiscal 100% Gross

Year Payable Valuation Debt Limit

2011 - 2012 213,986,287 10,699,314 2012 - 2013 215,727,01 I 10,786,351 2013 - 2014 215,646,475 10,782,324 2014 - 2015 2 16.462,692 10,823,135 2015 - 2016 2 18,567,290 10,928,365 2016 - 2017 223,356,45 I 11,167,823 2017 - 2018 229,744. 186 11,487,209 2018 - 2019 246.8 I 0.254 12,340,513 2019 - 2020 254,803,884 12,740,194 2020 - 2021 265,333,062 13,266,653 2021 - 2022 277.9 17,028 13,895,851 2022 - 2023 292,036,484 14,601,824 2023 - 2024 313,267,12 1 15,663,356 2024 - 2025 345,557,158 17,277,858 2025 - 2026 350,740,515 17,537,026 2026 - 2027 356,001,623 17,800,081 2027 - 2028 361,341,647 18,067,082 2028 - 2029 366,761,772 18,338,089 2029 - 2030 372,263,198 18,613,160 2030 - 2031 377,847,146 18,892,357 2031 - 2032 383,514,854 19,175,743

11 2019 - 2020 254.803,884 12,740,194

Prepared by PFM Financial Advisors LLC

Effective Debt Limit

9,629,383 9,707,715 9,704,091 9,740,821 9,835,528

10,051,040 10,338,488 11,106,461 11,466,175 11,939,988 12,506,266 13,141,642 14,097,020 15,550,072 15,783,323 16,020,073 16,260,374 16,504,280 16,751,844 17,003,122 17,258,168

11,466,175

TIF Existing Rebate Future Future Future Future Future

G.O. Debt Agreements Pro_jects Projects Projects Projects Pro_jects

7,640,000 52,681 7, 165,000 25,532

10,095,000 3.000 9,450,000 10,679 9,220,000 12;5 12 8.490.000 3.000 9.6 I 0,000 6,362 8,870,000 11.643 8,145,000 6,923 7,395,000 6.000 5,025,000 6,515,000 6,000 5,025,000 5,830,000 4,895,000 2,000,000 5,140,000 4,730,000 1,865,000 4,435,000 4,530,000 1,725,000 4.000,000 3,885,000 4,325,000 1,580,000 3,730,000 3,370,000 4,110,000 1,430,000 3,450,000 3.600,000 2,845,000 3,885,000 1,275,000 3,160,000 3,357,000 2,310,000 3,655,000 1,115,000 2,860,000 3,105,000 3,600,000 1,765,000 3,415,000 945,000 2,550,000 2,844,000 3,357,000 1,205,000 3,165,000 770,000 2,230,000 2,574,000 2,844,000

635,000 2,905,000 590,000 1,890,000 2,295,000 2,295,000

1,395,000 5,025,000

EXHIBIT 2

Valuation & Debt Limit Assumptions Valuation Growth 1.50% Legal Debt Limit 5.00%

Self-Imposed Limit 90.00%

Total Available Available G.O Debt Gross Effective Debt I

Outstanding Capacity Capacity Legal Limit

7,692,681 3,006,633 1,936,702 71.90% 7,190,532 3,595,818 2,517,183 66.66%

10,098,000 684,324 (393,909) 93.65% 9,460,679 1,362,456 280,142 87.41% 9,232,512 1,695,853 603,016 84.48% 8,493,000 2,674,823 1,558,040 76.05% 9,616,362 1,870,847 722,126 83.71% 8,881,643 3.458,870 2.224.818 71.97% 8,151,923 4,588,271 3,314,252 63.99%

12,426,000 840,653 (486,012) 93.66% 11,546,000 2,349,851 960,266 83.09% 12,725,000 1,876,824 416,642 87.15% 11,735,000 3,928,356 2,362,020 74.92% 14,690,000 2,587,858 860,072 85.02% 13,520,000 4,017,026 2,263,323 77.09% 15,960,000 1,840,081 60,073 89.66% 14,522,000 3,545,082 1,738,374 80.38% 16,645,000 1,693,089 (140,720) 90.77% 14,876,000 3,737,160 1,875,844 79.92% 12,788,000 6,104,357 4,215,122 67.69% 10,610,000 8,565,743 6,648,168 55.33%

12,420.000 320,194 (953,825) 97.49%

1/15/2019

City of Adel, Iowa EXHIBIT 2Financial Planning for Capital ProjectsProjection of G.O. Debt Capacity

Valuation & Debt Limit AssumptionsValuation Growth 1.50%Legal Debt Limit 5.00%

Self-Imposed Limit 90.00%

Beginning TIF Total Available AvailableFiscal 100% Gross Effective Existing Rebate Future Future Future Future Future G.O Debt Gross Effective Debt /

Year Payable Valuation Debt Limit Debt Limit G.O. Debt Agreements Projects Projects Projects Projects Projects Outstanding Capacity Capacity Legal Limit

2011 - 2012 213,986,287 10,699,314 9,629,383 7,640,000 52,681 7,692,681 3,006,633 1,936,702 71.90%2012 - 2013 215,727,011 10,786,351 9,707,715 7,165,000 25,532 7,190,532 3,595,818 2,517,183 66.66%2013 - 2014 215,646,475 10,782,324 9,704,091 10,095,000 3,000 10,098,000 684,324 (393,909) 93.65%2014 - 2015 216,462,692 10,823,135 9,740,821 9,450,000 10,679 9,460,679 1,362,456 280,142 87.41%2015 - 2016 218,567,290 10,928,365 9,835,528 9,220,000 12,512 9,232,512 1,695,853 603,016 84.48%2016 - 2017 223,356,451 11,167,823 10,051,040 8,490,000 3,000 8,493,000 2,674,823 1,558,040 76.05%2017 - 2018 229,744,186 11,487,209 10,338,488 9,610,000 6,362 9,616,362 1,870,847 722,126 83.71%2018 - 2019 246,810,254 12,340,513 11,106,461 8,870,000 11,643 8,881,643 3,458,870 2,224,818 71.97%2019 - 2020 254,803,884 12,740,194 11,466,175 8,145,000 6,923 8,151,923 4,588,271 3,314,252 63.99%2020 - 2021 265,333,062 13,266,653 11,939,988 7,395,000 6,000 5,025,000 12,426,000 840,653 (486,012) 93.66%2021 - 2022 277,917,028 13,895,851 12,506,266 6,515,000 6,000 5,025,000 11,546,000 2,349,851 960,266 83.09%2022 - 2023 292,036,484 14,601,824 13,141,642 5,830,000 4,895,000 2,000,000 12,725,000 1,876,824 416,642 87.15%2023 - 2024 313,267,121 15,663,356 14,097,020 5,140,000 4,730,000 1,865,000 11,735,000 3,928,356 2,362,020 74.92%2024 - 2025 345,557,158 17,277,858 15,550,072 4,435,000 4,530,000 1,725,000 4,000,000 14,690,000 2,587,858 860,072 85.02%2025 - 2026 350,740,515 17,537,026 15,783,323 3,885,000 4,325,000 1,580,000 3,730,000 13,520,000 4,017,026 2,263,323 77.09%2026 - 2027 356,001,623 17,800,081 16,020,073 3,370,000 4,110,000 1,430,000 3,450,000 3,600,000 15,960,000 1,840,081 60,073 89.66%2027 - 2028 361,341,647 18,067,082 16,260,374 2,845,000 3,885,000 1,275,000 3,160,000 3,357,000 14,522,000 3,545,082 1,738,374 80.38%2028 - 2029 366,761,772 18,338,089 16,504,280 2,310,000 3,655,000 1,115,000 2,860,000 3,105,000 3,600,000 16,645,000 1,693,089 (140,720) 90.77%2029 - 2030 372,263,198 18,613,160 16,751,844 1,765,000 3,415,000 945,000 2,550,000 2,844,000 3,357,000 14,876,000 3,737,160 1,875,844 79.92%2030 - 2031 377,847,146 18,892,357 17,003,122 1,205,000 3,165,000 770,000 2,230,000 2,574,000 2,844,000 12,788,000 6,104,357 4,215,122 67.69%2031 - 2032 383,514,854 19,175,743 17,258,168 635,000 2,905,000 590,000 1,890,000 2,295,000 2,295,000 10,610,000 8,565,743 6,648,168 55.33%

2019 - 2020 254,803,884 12,740,194 11,466,175 7,395,000 5,025,000 12,420,000 320,194 (953,825) 97.49%


1-24-2020 10:43 PM CITY OF ADEL PAGE: 1

PROPOSED BUDGET WORKSHEET

AS OF: JANUARY 31ST, 2020

001-GENERAL FUND * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)

2016-2017 2017-2018 2018-2019 CURRENT Y-T-D PROJECTED REQUESTED PROPOSED

REVENUES ACTUAL ACTUAL ACTUAL BUDGET ACTUAL YEAR END BUDGET BUDGET

____________________________________________________________________________________________________________________________________________________________

Non Departmental

================

TAXES

001-4-000-4-4000 PROPERTY TAXES 937,147 985,670 1,045,308 1,146,433 551,822 0 1,198,864 ____________

001-4-000-4-4003 AG LAND - CORP ROAD 2,649 2,941 2,977 3,584 2,779 0 4,010 ____________

001-4-000-4-4013 PROPERTY/LIABILITY INSURANCE 41,852 42,551 44,087 48,121 23,875 0 50,073 ____________

001-4-000-4-4050 COMM-IND PROP TAX BACKFILL 31,790 31,634 31,002 36,802 17,122 0 35,065 ____________

001-4-000-4-4080 MOBILE HOME TAX 2,479 2,748 2,178 3,026 1,502 0 0 ____________

TOTAL TAXES 1,015,916 1,065,545 1,125,551 1,237,966 597,100 0 1,288,012

4-000-4-4080 MOBILE HOME TAX PERMANENT NOTES:

Need to split out mobile home from property tax

LICENSES & PERMITS

001-4-000-1-4100 BEER & LIQUOR PERMITS 6,372 5,159 4,613 5,250 4,190 0 5,252 ____________

001-4-000-1-4105 CIGARETTE PERMITS 375 375 375 375 75 0 375 ____________

001-4-000-1-4160 UTILITY FRANCHISE FEES 3,270 8,253 8,062 5,000 4,282 0 6,500 ____________

001-4-000-1-4170 PEDDLERS,SOLICITERS,TRANSIENT 250 700 350 500 0 0 400 ____________

001-4-000-1-4175 SPECIAL EVENT PERMITS 1,005 625 610 400 290 0 400 ____________

001-4-000-1-4185 BICYCLE/GOLF CART PERMIT 400 700 1,000 400 250 0 400 ____________

TOTAL LICENSES & PERMITS 11,671 15,812 15,010 11,925 9,087 0 13,327

USE OF MONEY & PROPERTY

001-4-000-4-4300 INTEREST ON INVESTMENTS-N.O.W 10,457 28,421 92,284 25,000 26,665 0 45,000 ____________

001-4-000-4-4301 C.D./PUBLIC FUNDS INTEREST 0 0 0 0 0 0 0 ____________

001-4-000-4-4320 RENTALS 59,211 58,959 57,810 52,250 28,183 0 52,250 ____________

TOTAL USE OF MONEY & PROPERTY 69,669 87,380 150,093 77,250 54,848 0 97,250

CHARGES FOR SERVICES

001-4-000-1-4534 COPIES 8 13 15 10 21 0 10 ____________

TOTAL CHARGES FOR SERVICES 8 13 15 10 21 0 10

MISCELLANEOUS REVENUES

001-4-000-1-4735 MISC REVENUES 8,628 12,066 36,311 1,000 36,768 0 1,000 ____________

001-4-000-1-4737 SALES TAX REFUNDS 4,433 5,026 0 4,500 16,724 0 4,500 ____________

001-4-000-1-4751 MAPS 0 0 0 0 0 0 0 ____________

001-4-000-4-4746 SALE OF OLD EQUIP/PROPERTY 0 25,102 20,927 0 500 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 13,062 42,194 57,238 5,500 53,992 0 5,500

_______________________________________________________________________________________________________________________________________________________

TOTAL Non Departmental 1,110,326 1,210,945 1,347,907 1,332,651 715,048 0 1,404,099





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Police Department

=================


001-4-110-1-4550 POL SERV - REPORTS, FINGERPRN 1,795 2,395 2,338 1,750 1,625 0 1,750 ____________

TOTAL CHARGES FOR SERVICES 1,795 2,395 2,338 1,750 1,625 0 1,750


001-4-110-1-4770 TICKETS AND COURT FINES 3,209 2,786 3,535 2,750 1,528 0 2,750 ____________


OTHER FINANCING SOURCES

001-4-110-1-4855 SRO REIMBURSEMENT 44,283 25,879 37,827 43,942 29,085 0 45,480 ____________

001-4-110-1-4858 SPECIAL EVENT WAGE REIMBRSEME 0 250 0 0 0 0 0 ____________

001-4-110-4-4835 REIMBURSEMENTS 1,212 1,280 1,835 0 142 0 0 ____________

TOTAL OTHER FINANCING SOURCES 45,495 27,410 39,662 43,942 29,227 0 45,480

_______________________________________________________________________________________________________________________________________________________

TOTAL Police Department 50,500 32,591 45,535 48,442 32,380 0 49,980

Fire Department

===============

INTERGOVERNMENTAL

001-4-150-2-4475 FIRE SERVICE 68,868 72,290 69,950 80,021 66,584 0 98,085 ____________

TOTAL INTERGOVERNMENTAL 68,868 72,290 69,950 80,021 66,584 0 98,085

_______________________________________________________________________________________________________________________________________________________

TOTAL Fire Department 68,868 72,290 69,950 80,021 66,584 0 98,085

Animal Control

==============

LICENSES & PERMITS

001-4-190-1-4180 PET LICENSE 1,527 2,152 2,330 1,500 455 0 2,000 ____________

001-4-190-2-4181 IMPOUND FEES 475 425 505 425 275 0 425 ____________

TOTAL LICENSES & PERMITS 2,002 2,577 2,835 1,925 730 0 2,425

_______________________________________________________________________________________________________________________________________________________

TOTAL Animal Control 2,002 2,577 2,835 1,925 730 0 2,425

Library

=======





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

INTERGOVERNMENTAL

001-4-410-2-4470 LIBRARY-COUNTY SERVICE 43,889 41,811 42,247 36,201 0 0 37,000 ____________

TOTAL INTERGOVERNMENTAL 43,889 41,811 42,247 36,201 0 0 37,000


001-4-410-1-4766 LIBRARY FINES & OPEN ACCESS 3,046 5,119 2,502 4,000 3,582 0 4,000 ____________

001-4-410-1-4767 MEETING ROOM FEE 275 200 150 225 702 0 225 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Library 47,209 47,130 44,899 40,426 4,284 0 41,225

Museum

======


001-4-420-1-4835 REIMBURSEMENTS 0 0 0 0 0 0 0 ____________

001-4-420-1-4836 NILE KINNICK MUSEUM 7,427 7,845 0 0 320 0 0 ____________

TOTAL OTHER FINANCING SOURCES 7,427 7,845 0 0 320 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Museum 7,427 7,845 0 0 320 0 0

Parks

=====

LICENSES & PERMITS

001-4-430-1-4122 PARK FUND - SOUTH 0 0 0 0 0 0 0 ____________

001-4-430-1-4123 PARK FUND - NORTH 0 0 0 0 0 0 0 ____________

TOTAL LICENSES & PERMITS 0 0 0 0 0 0 0


001-4-430-1-4552 SERV CHG- PERSONNEL & EQUI 17,713 0 0 300 0 0 0 ____________

001-4-430-1-4553 PARK FEES 0 100 0 0 0 0 0 ____________

001-4-430-1-4556 PARK SHELTER RENT 1,660 1,380 1,120 1,000 730 0 1,000 ____________

001-4-430-1-4566 PARK-DONATONS 2,274 2,812 806 0 0 0 0 ____________

TOTAL CHARGES FOR SERVICES 21,647 4,292 1,926 1,300 730 0 1,000

_______________________________________________________________________________________________________________________________________________________

TOTAL Parks 21,647 4,292 1,926 1,300 730 0 1,000

Island Park

===========





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-4-440-1-4553 ISLAND PARK FEES 28,870 29,007 17,765 28,000 0 0 0 ____________

TOTAL CHARGES FOR SERVICES 28,870 29,007 17,765 28,000 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Island Park 28,870 29,007 17,765 28,000 0 0 0

Cemetery

========


001-4-450-1-4740 CEMETERY STANDARD SPACE 13,925 6,050 19,950 13,000 4,000 0 13,000 ____________

001-4-450-1-4741 MAUSOLEUM SPACE 700 0 0 0 0 0 0 ____________

001-4-450-1-4742 REGULAR SPACE OPEN/CLOSE 5,100 4,900 5,850 5,000 2,600 0 5,000 ____________

001-4-450-1-4743 CREMATION OPEN/CLOSE 3,250 3,000 1,800 1,200 1,700 0 1,200 ____________

001-4-450-1-4744 MAUSOLEUM OPEN/CLOSE 100 0 0 0 0 0 0 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Cemetery 23,075 13,950 27,600 19,200 8,300 0 19,200

Pool

====


001-4-460-1-4554 POOL ADMISSIONS 128,867 130,819 117,808 125,000 51,341 0 125,000 ____________

001-4-460-1-4555 POOL-LESSONS 15,510 16,170 14,270 15,500 530 0 15,000 ____________

001-4-460-1-4557 CONCESSIONS RECEIPTS 27,755 26,654 38,518 37,000 18,484 0 37,000 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Pool 172,132 173,642 170,596 177,500 70,355 0 177,000

Recreation

==========


001-4-470-1-4550 ARCHERY PERMITS 555 500 325 500 235 0 500 ____________

001-4-470-1-4558 SOFTBALL REGISTRATIONS 13,660 11,395 10,740 11,000 0 0 11,000 ____________

001-4-470-1-4559 BASEBALL REGISTRATION 20,871 21,255 20,570 19,000 35 0 20,000 ____________

001-4-470-1-4560 SOCCER REGISTRATIONS 4,500 4,500 2,250 4,500 3,098 0 4,500 ____________

001-4-470-1-4561 FOOTBALL REGISTRATIONS 0 45 0 0 0 0 0 ____________

001-4-470-1-4562 ADULT LEAGUES 6,405 6,190 7,255 6,000 495 0 6,500 ____________

001-4-470-1-4563 OTHER, SPONSORS 1,800 2,000 1,500 1,900 200 0 1,750 ____________

001-4-470-1-4564 YOUTH BASKETBALL 9,060 11,590 14,675 8,500 10,210 0 10,000 ____________

001-4-470-1-4565 SPECIAL EVENTS 874 539 473 150 102 0 150 ____________

001-4-470-1-4566 YOUTH TENNIS 0 0 720 0 320 0 300 ____________






(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-4-470-1-4715 REFUNDS/NSF 0 0 0 0 0 0 0 ____________

001-4-470-1-4734 REIMBURSEMENTS 0 0 348 0 681 0 0 ____________

001-4-470-1-4736 CONCESSION REVENUE 7,748 6,129 5,096 7,200 897 0 7,200 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Recreation 65,473 64,143 63,953 58,750 16,273 0 61,900

Zoning/Compliance/Permits

=========================

LICENSES & PERMITS

001-4-630-1-4110 BUILDING TRADES LICENSE (PLUM 0 0 0 0 0 0 0 ____________

001-4-630-1-4115 RENTAL INSPECTIONS 0 0 0 0 0 0 0 ____________

001-4-630-1-4120 BUILDING PERMITS 308,027 491,166 201,598 131,000 33,175 0 74,000 ____________

001-4-630-1-4165 ZONING FEES 700 250 250 600 0 0 600 ____________

001-4-630-1-4166 SUBDIVISION FEES 93,393 101,598 75,650 35,000 167,076 0 15,000 ____________

001-4-630-1-4168 CONTRACT SERVICES 23,187 13,636 0 5,000 4,032 0 0 ____________

TOTAL LICENSES & PERMITS 425,306 606,649 277,498 171,600 204,283 0 89,600

4-630-1-4120 BUILDING PERMITS PERMANENT NOTES:

20 homes @ $1,700

2 commercial @ $20,000

_______________________________________________________________________________________________________________________________________________________

TOTAL Zoning/Compliance/Permits 425,306 606,649 277,498 171,600 204,283 0 89,600

Emergency Levy

==============


001-4-690-4-4834 TRANSFER--EMERGENCY LEVY 31,179 32,711 34,969 38,315 0 0 37,075 ____________

001-4-690-4-4836 OTHER TRANSFERS 207,205 202,505 281,897 297,852 47,163 0 1,270,094 ____________

TOTAL OTHER FINANCING SOURCES 238,384 235,216 316,866 336,167 47,163 0 1,307,169

4-690-4-4836 OTHER TRANSFERS PERMANENT NOTES:

$15,000 from garbage for operating

$10,000 from park reserve for Kinnick arch restoration

$25,000 from LOST for Kinnick arch restoration

$800,000 from LOST for 30 acres purchase near water tower

$50,000 from LOST for 30 acres concept/design planning

$17,500 from LOST for Kubota Replacement

$35,000 from LOST pool reserves for pool shell painting

$264,261 from LOST for pool budget

$20,000 from LOST for new Parks employee

$33,333 Year One of LOST repayment to General Fund for





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

McCalley Land Purchase

_______________________________________________________________________________________________________________________________________________________

TOTAL Emergency Levy 238,384 235,216 316,866 336,167 47,163 0 1,307,169

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 2,261,219 2,500,278 2,387,330 2,295,982 1,166,450 0 3,251,683





Non Departmental

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)


EXPENDITURES ACTUAL ACTUAL ACTUAL BUDGET ACTUAL YEAR END BUDGET BUDGET

____________________________________________________________________________________________________________________________________________________________

TRANSFERS

001-5-000-5-6910 TRANSFER OUT 158,588 105,561 49,973 26,934 0 0 27,234 ____________

TOTAL TRANSFERS 158,588 105,561 49,973 26,934 0 0 27,234

5-000-5-6910 TRANSFER OUT PERMANENT NOTES:

5,000 Emerald Ash Borer FY 18-19 (Park Reserve)

14,520 School SRO employee benefits reimbursement

7,714 RUT insurance

____________________________________________________________________________________________________________________________________________________________

TOTAL Non Departmental 158,588 105,561 49,973 26,934 0 0 27,234

Po l_i c..e.. · D~p~r--+lY'e"t FY20-21 BUDGET OVERVIEW

Sigmuificant Reqpmests & Hems

Wage increase for 1he Detective / Lieutenant position - 15%

New pmtable radio and shoulder microphone for 10th officer position. $5,500.00? (Waiting on quote)

Other r~otable Line ][tern Changes

Increase in Data Processing line item. (6419) $10,000.00 to $12,800.00 Our RMS is over a year old and we now have to start paying for software support.

Software suppmt also for our law enforcement mobile dispatch program through Dallas ·county

Projected Needs Beyond FY20-21

10 new batteries for portable radios 10 @$146.00 = $1,460.00

We may not need to worry about an additional vehicle purchase in 21/22. Ifwe can keep on pace now with our cam we should be able to keep next year's trade in. The only clown side to that would be of course potential trade in value, which is terrible for those Ford Explorers.

Any Other Comments I am currently working with Karl Chevrolet/ GMAC :financing to look at possible leasing of future patrol Tahoe's. Municipalities can lease the vehicle cost and all 1he equipment cost to set it up as well. I requested numbers, but what I have leamed so far is the lease rate is 5.066% for a. 5 year lease, with a $1.00 buy back at 1he end ifwe wanted. I don't want to count all chickens until hatched, but if all holds true this would be a substantial cost savings every year.

FY 2020 / 2021 BUDGET

PROPOSED WAGE INCREASE

DETECTIVE/ LIEUTENANT POSITION

I am asking for additional funding in wages to increase the pay for our Detective/ Lieutenant position.

Currently we have Wade Book in this role. He was hired by the Adel Police Department on June 10,

2013 as a patrol officer. He was then promoted to the position of Sergeant on November 12, 2015. He

was then promoted to Detective/ Lieutenant on December 8, 2017. Wade has climbed high and fast

within our department after only being here for a little over 6 years. And while his pay has increased

with each promotion, also has his required duties and responsibilities. What he is being paid right now

is not reflective of the amount of work, knowledge, specialized skill, and leadership that is required to

hold the position of Detective/ Lieutenant. Personnel who have reached a supervisory position are held

to even greater standards than officers because their guidance, influence and knowledge contribute to

the overall success of the department.

I will break down a comparison below.

Officer Monte Keller: Monte was hired by the Adel Police Department on February 2, 2000. In 2002 he

became the departments School Resource Officer, a position that he still holds. When school is in

session he is assigned to the ADM schools, and also teaches DARE in the 2"' semester. In the summer

months he serves as a patrol officer. Officer Keller has no other assigned duties and is not on call.

Beginning January 1, 2020 Officer Keller's hourly rate will be $27.70.

Detective/ Lieutenant Book: Once Wade was promoted he absorbed the following duties and

responsibilities.

• Assigned lead on all major case investigations, and support other officers with their cases.

• Serve as acting Chief in absence of the Chief

• Assist with supervision of the Sergeant and patrol staff

• Assist with management of department fleet vehicles and coordinate maintenance

• Maintain digital hardware (in car cam and body cam)

• Responsible for department firearms training and weapons armorer

• Assist with FTO process

• Assist with hiring and testing process

• Subject to recall for patrol duties

• 24 hour on call

• Other administrative duties as assigned or needed

This in addition to having to attend, be tested on, and pass specialized training to uphold certifications.

The position is also not union eligible, so he gives up the right to any union benefits/ protection.

As of July 1, 2019 the Detective/ Lieutenant's hourly salary is $26.96, $0.74 less than Officer Keller.

Now one would say the reason is that Officer Keller has been here longer than Detective/ Lieutenant

Book. 20 years verses 6 ½ years. And that is true. In this case Detective/ Lieutenant Book is being

penalized due to his promotion because he hasn't been here longer than Officer Keller. As you can see,

Officer Keller makes substantially more money than Detective/ Lieutenant Book, and does substantially

less work, and shoulders a lot less responsibilities, and liability. In the hierarchy of our department,

Wade outranks Monte by 2 full positions and yet he makes less than someone he is in charge of.

The Personnel Committee has made mention before that wages should be based on the position, not

the person. In this case it is easy to see that the Detective/ Lieutenant position needs to be better

funded and paid closer to that of a department head than a patrol officer.

This has never come up before due to that fact that I was the last person to hold the position of

Detective/ Lieutenant. At the same time I also had more years than anyone else on the department

besides that of Chief McNeil!. The increases I received for promotions put more distance between me

and a patrol officer position. Officer Keller has been with the department longer than anyone else here,

besides me. He has been eligible to put in for both the Sergeant and Detective/ Lieutenant positions

when they came open and he declined to apply. This is becoming a popular trend in law enforcement

where we see the person with the most years not always wants to be promoted. Now that this has

been diagnosed I believe it needs to be remedied. If we are truly basing wages off the position and what

its responsibilities are, the Detective/ Lieutenant position needs a significant increase.

Due to the difficulty of finding similar sized departments with a Detective/ Lieutenant position I reached

out to 11 cities that we used as comparable cities for the 18/19 department head salary report. (I did

not call Bondurant as they contract with the Polk County Sheriff's Department.) I asked for the size of

police department, what responsibilities and rank does their 2"d in command have, and what they are

paid. I have heard from the following cities.

• Winterset -8 full time, 3 part time officer department. Captain is their second in command and

has similar responsibilities as our Detective/ Lieutenant. Paid $67,745.00 salary as an exempt

employee. Winterset has it set up so that the 2"d in command is paid at 85% of the Chief's

salary.

• Polk City - 7 officer department. Lieutenant is their 2"d in command and has similar

responsibilities as our Detective/ Lieutenant. Paid $80,069.18 salary as an exempt employee.

Polk City as well adheres to the 85% rule when paying their zod in command.

• Carlisle - 8 officer department. Lieutenant is their 2"d in command and has similar

responsibilities as our Detective/ Lieutenant. Paid $73,548.80 annually as an exempt employee.

• Perry-13 officer department. Sergeant is their 2"d in command and serves as a patrol

supervisor/ patrol officer. Perry has a separate detective. Paid $58,281.60 plus overtime.

Position is non-exempt.

• Evansdale - 7 full time, 3 part time officer department. Sergeant is their 2nd in command and

serves as a patrol supervisor/ patrol officer. Evansdale has a separate investigator. Paid

$54,683.20 plus overtime. Position is non-exempt.

• Mount Vernon - 7 full time officer department. Sergeant is their 2"' in command and serves in

similar fashion to our Detective/ Lieutenant. Paid $63,000.00 plus overtime. Position is non

exempt.

• Sergeant Bluff- 7 full time, 4 to 8 reserve officer department. Assistant Chief is the 2"' in

command and serves a similar role to our Detective/ Lieutenant. Paid $67,092.00 plus

overtime.

• Glenwood - 7 full time officer department. Captain is the 2"' in command and serves in similar

fashion to our Detective/ Lieutenant. Paid $65,041.60 yearly.

• Windsor Heights -13 full time officer department. Captain is the 2"' in command and serves in

mostly administrative roll. Paid $90,901.06 yearly salary as an exempt employee.

As the other cities report back I will provide that information as it comes in.

As an example, if we were to pay the Detective/ Lieutenant at 85% of my salary it would be $71,519.86.

For the last three (3) years the Detective/ Lieutenant has averaged 205 hours of overtime. If paid out at

his current pay rate that would be $8,200.20. That added to his pay rate of $56,076.80 would result in

an approximate gross wage of $64,000.00. I would like to request a 15% pay increase to the Detective/

Lieutenants position and keep the position as non-exempt. That would get that position just over

$65,000.00. And although I think it is still too much lower than that of my salary, it is subject to

overtime which would bring it up closer to what it needs to be. It would also provide a bigger gap

between the highest paid patrol officers, which is appropriate due to the many more responsibilities the

Detective/ Lieutenant position commands.

Respectfully submitted,

Robert G. Shepherd

Chief of Police

Adel Police Department





Police Department

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-110-1-6010 FULL TIME WAGES 490,094 499,061 499,131 584,306 319,438 0 654,437 ____________

001-5-110-1-6020 PART TIME WAGES 442 270 420 1,591 420 0 1,200 ____________

001-5-110-1-6040 OVERTIME WAGES 7,713 16,753 12,285 15,000 8,052 0 15,000 ____________

001-5-110-1-6041 SPECIAL EVENTS OVERTIME 0 0 0 0 0 0 0 ____________

001-5-110-1-6062 HOLIDAY WAGES 11,259 10,860 10,160 11,300 9,961 0 11,300 ____________

001-5-110-1-6069 COURT TIME WAGES 606 1,018 772 750 457 0 800 ____________

001-5-110-1-6181 UNIFORM ALLOWANCE 7,789 13,234 6,206 7,500 7,449 0 7,500 ____________

001-5-110-1-6210 DUES, MEMBERSHIPS, SUBSCRIPTI 194 100 262 199 429 0 205 ____________

001-5-110-1-6230 EDUCATION & TRAINING 3,461 3,435 4,578 4,000 125 0 4,000 ____________

001-5-110-1-6231 ACADEMY TRAINING 4,060 125 0 0 0 0 9,000 ____________

001-5-110-1-6240 MEETINGS AND TRAVEL 0 39 82 350 39 0 350 ____________

TOTAL PERSONAL SERVICES 525,619 544,894 533,895 624,996 346,371 0 703,792

5-110-1-6231 ACADEMY TRAINING PERMANENT NOTES:

If needed, will transfer from reserve

SERVICES AND COMMODITIES

001-5-110-2-6331 VEHICLE FUEL-OIL-LUBRICANTS 15,389 17,468 16,813 19,000 9,647 0 18,000 ____________

001-5-110-2-6332 VEHICLE, EQUIP & RADIO MAINT. 6,440 12,324 13,476 14,000 2,826 0 14,000 ____________

001-5-110-2-6371 UTILITIES-ELEC,GAS-SANITATION 8,210 9,393 9,232 10,000 3,188 0 10,000 ____________

001-5-110-2-6372 DISASTER SERVICES 3,159 2,251 824 5,000 192 0 5,000 ____________

001-5-110-2-6373 TELEPHONE/RADIO 8,987 6,739 6,104 9,000 4,001 0 7,500 ____________

001-5-110-2-6402 ADVERTISING & LEGAL PUBLICATI 294 1,926 1,822 2,000 1,939 0 2,000 ____________

001-5-110-2-6406 INSURANCE-TORT LIABILITY 0 0 0 0 0 0 0 ____________

001-5-110-2-6407 PROFESS FEES-DRS, LAWYERS, EN 2,785 4,631 1,736 6,000 689 0 6,000 ____________

001-5-110-2-6408 INSURANCE-FIRE & AUTO-GENERAL 5,160 5,559 6,097 6,707 0 0 6,978 ____________

001-5-110-2-6411 COURT COSTS 265 240 230 550 95 0 450 ____________

001-5-110-2-6419 DATA PROCESSING EXPENSES 6,085 6,308 17,605 10,000 8,580 0 12,800 ____________

001-5-110-2-6426 BUILDING & GROUNDS MAINTENANC 3,692 5,549 4,435 6,000 3,788 0 6,000 ____________

001-5-110-2-6432 SERVICE/MAINT AGREEMENTS 2,347 2,985 3,188 3,100 1,358 0 3,100 ____________

001-5-110-2-6506 OFFICE SUPPLIES 3,068 2,993 2,766 3,100 1,201 0 3,100 ____________

001-5-110-2-6516 FILM & PROCESSING 220 265 0 500 0 0 500 ____________

001-5-110-2-6598 PETTY CASH & MISCELLANEOUS 0 371 68 150 81 0 150 ____________

001-5-110-2-6599 MISC SUPPLIES 622 1,044 1,007 1,500 1,063 0 1,500 ____________

TOTAL SERVICES AND COMMODITIES 66,724 80,047 85,403 96,607 38,648 0 97,078

CAPITAL OUTLAY

001-5-110-3-6711 CAPITAL OUTLAY-VEHICLE 39,261 40,546 64,112 48,000 33,085 0 48,000 ____________

001-5-110-3-6725 OFFICE EQUIP 14,381 7,997 0 0 0 0 0 ____________

001-5-110-3-6726 EQUIPMENT UPGRADE 2,200 34,600 41,372 1,500 0 0 4,500 ____________

TOTAL CAPITAL OUTLAY 55,843 83,143 105,484 49,500 33,085 0 52,500





Police Department

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

TRANSFERS

001-5-110-5-6912 TRANSFERS-INDUSTRIAL PK 0 0 0 0 0 0 0 ____________

TOTAL TRANSFERS 0 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Police Department 648,186 708,085 724,782 771,103 418,104 0 853,370





Fire Department

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-150-1-6050 FIRE CALL STIPEND 18,336 22,008 24,424 25,000 22,290 0 25,000 ____________

001-5-150-1-6052 FIRST RESPONDERS 425 1,342 670 3,000 1,341 0 3,000 ____________


001-5-150-1-6230 EDUCATION & TRAINING 3,741 2,956 4,292 3,500 1,774 0 3,500 ____________

001-5-150-1-6260 AWARDS 0 87 0 300 0 0 300 ____________





001-5-150-2-6371 UTILITIES-ELEC,GAS-SANITATION 632 804 1,886 800 56 0 1,500 ____________

001-5-150-2-6372 DISASTER SERVICES 0 0 0 0 0 0 0 ____________

001-5-150-2-6373 TELEPHONE/RADIO 0 0 600 8,230 160 0 1,000 ____________

001-5-150-2-6402 ADVERTISING & LEGAL PUBLICATI 0 0 0 100 0 0 0 ____________

001-5-150-2-6407 PROFESS FEES-DRS, LAWYERS, EN 806 268 402 700 464 0 1,000 ____________


001-5-150-2-6419 DATA PROCESSING EXPENSES 2,188 774 3,055 3,600 547 0 3,500 ____________

001-5-150-2-6426 BUILDING & GROUNDS MAINTENANC 74 2,671 1,617 1,000 134 0 1,500 ____________

001-5-150-2-6432 SERVICE/MAINT AGREEMENTS 10 650 650 0 0 0 700 ____________

001-5-150-2-6501 CHEMICALS 0 0 0 0 0 0 0 ____________

001-5-150-2-6504 MINOR EQUIPMENT 1,658 4,107 5,011 5,500 76 0 10,000 ____________

001-5-150-2-6506 OFFICE SUPPLIES 80 145 16 500 516 0 500 ____________

001-5-150-2-6514 BUNKER GEAR/EQUIP 11,375 0 934 0 854 0 10,000 ____________

001-5-150-2-6516 FILM & PROCESSING 0 0 0 0 0 0 0 ____________

001-5-150-2-6517 HEPATITUS B-VACINATIONS 180 0 0 500 0 0 500 ____________

001-5-150-2-6518 UNIFORMS 491 825 540 500 109 0 1,000 ____________

001-5-150-2-6519 FIRE GROUND EXPENSE 0 0 0 700 0 0 500 ____________

001-5-150-2-6520 FIRE PREVENTION EXPENSES 470 631 875 1,000 901 0 1,000 ____________

001-5-150-2-6521 AIR COMPRESSOR 600 600 600 3,953 0 0 1,000 ____________

001-5-150-2-6598 REFUNDS 0 0 0 0 0 0 0 ____________

001-5-150-2-6599 MISC SUPPLIES 277 517 811 2,000 238 0 1,000 ____________


CAPITAL OUTLAY

001-5-150-3-6711 CAPITAL OUTLAY-VEHICLE/EQUIP 0 0 20,288 0 0 0 0 ____________

001-5-150-3-6713 CAPITAL OUTLAY BLDG MAINT 0 0 0 0 0 0 0 ____________

001-5-150-3-6714 BUNKER GEAR/EQUIP UPGRAD 0 12,000 5,727 6,000 5,643 0 10,000 ____________

TOTAL CAPITAL OUTLAY 0 12,000 26,014 6,000 5,643 0 10,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Fire Department 61,952 71,217 91,199 88,159 39,824 0 98,095





Animal Control

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-190-2-6421 ANIMAL CONTROL 1,487 268 1,582 2,000 82 0 2,000 ____________

TOTAL SERVICES AND COMMODITIES 1,487 268 1,582 2,000 82 0 2,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Animal Control 1,487 268 1,582 2,000 82 0 2,000





Roads, Bridges, Sidewalks

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-210-2-6315 BUILDING & GROUNDS MAINTENANC 0 0 206 0 0 0 0 ____________

001-5-210-2-6332 VEHICLE, EQUIP, & RADIO MAINT 0 0 58 0 0 0 0 ____________

001-5-210-2-6371 ELECTRIC/GAS EXPENSE 0 0 225 0 0 0 0 ____________

001-5-210-2-6417 STREET MAINTENANCE EXPENSE 0 0 5,118 0 1,850 0 0 ____________

001-5-210-2-6431 SNOW REMOVAL 0 0 1,879 0 0 0 0 ____________

001-5-210-2-6511 SIGNS 0 0 152 0 0 0 0 ____________

001-5-210-2-6599 MISC SUPPLIES 0 0 21 0 0 0 0 ____________

TOTAL SERVICES AND COMMODITIES 0 0 7,658 0 1,850 0 0

CAPITAL OUTLAY

001-5-210-3-6710 CAPITAL OUTLAY-VEHICLES 0 0 10,000 0 0 0 0 ____________

TOTAL CAPITAL OUTLAY 0 0 10,000 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Roads, Bridges, Sidewalks 0 0 17,658 0 1,850 0 0





Street Lighting

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-230-2-6375 STREET LIGHTING 46,919 45,780 51,347 55,000 15,414 0 60,500 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Street Lighting 46,919 45,780 51,347 55,000 15,414 0 60,500





Traffic Control & Safety

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-240-2-6374 TRAFFIC CONTROL 509 525 531 650 178 0 750 ____________

001-5-240-2-6509 POSTS/SIGNS 0 0 0 0 0 0 0 ____________

TOTAL SERVICES AND COMMODITIES 509 525 531 650 178 0 750

____________________________________________________________________________________________________________________________________________________________

TOTAL Traffic Control & Safety 509 525 531 650 178 0 750

Li b(ary FY20-21 BUDGET OVERVIEW

S11llmmmiry

The only line we are increasing is payroll

Otheir NotmlbRe Lilllle Item Ch:itllllges

We decreased $2,000.00 in heating and cooling due to trending decreases over the last three years. We are adding $1,000.00 to progranuning and $1,000.00 to supplies due to increased costs in both of those areas.

Pirojected Needs Bevond FY20l-21' .

Third full-time staff member Increase hours library is open Outside concrete issues

Any Other Comments

There 'Yill be a retirement payout for Paula James





Library

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-410-1-6010 FULL TIME WAGES 87,710 92,905 102,981 107,716 63,390 0 116,545 ____________

001-5-410-1-6020 PART TIME WAGES 47,426 50,087 54,291 57,083 33,930 0 64,782 ____________

001-5-410-1-6210 DUES, MEMBERSHIPS, SUBSCRIPTI 3,230 3,360 2,544 3,807 2,922 0 3,807 ____________

001-5-410-1-6230 EDUCATION & TRAINING 165 134 1,108 800 575 0 800 ____________


5-410-1-6010 FULL TIME WAGES PERMANENT NOTES:

Library Director has indicated her tentative retirement will

be in December 2020. This budget reflects a pro-rated

longevity and max. vacation payout.



001-5-410-2-6373 TELEPHONE/RADIO 2,758 1,831 1,566 2,500 916 0 2,500 ____________


001-5-410-2-6407 PROFESS FEES-DRS, LAWYERS, EN 385 61 0 0 0 0 0 ____________

001-5-410-2-6408 INSURANCE-FIRE & AUTO-GENERAL 774 1,532 1,680 1,848 0 0 1,922 ____________


001-5-410-2-6423 SERVICE AGREEMENTS 11,099 12,024 11,539 13,600 9,954 0 13,600 ____________


001-5-410-2-6508 POSTAGE AND SHIPPING 1,325 1,638 1,626 2,000 987 0 2,000 ____________

001-5-410-2-6523 PROGRAM EXPENSE 343 417 891 500 216 0 1,500 ____________

001-5-410-2-6524 BOOK PROCESSING SUPPLIES 4,672 3,481 3,837 0 397 0 0 ____________

001-5-410-2-6598 PETTY CASH & MISCELLANEOUS 1,749 0 68 100 0 0 100 ____________

001-5-410-2-6599 MISC SUPPLIES 3,864 2,937 5,999 6,500 4,124 0 7,500 ____________


CAPITAL OUTLAY

001-5-410-3-6713 CAPITAL OUTLAY-BUILDING 0 0 0 0 0 0 0 ____________

001-5-410-3-6725 OFFICE EQUIP TRANSFER 0 0 0 0 210 0 0 ____________

001-5-410-3-6770 CAPITAL OUTLAY-BOOKS, FILMS, 21,218 26,461 27,168 26,000 14,418 0 26,000 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Library 227,834 230,568 250,662 265,454 148,937 0 282,056





Museum

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-420-2-6534 HISTORICAL MUSEUM EXPENSE 0 11,624 8,037 10,000 1,657 0 10,000 ____________

TOTAL SERVICES AND COMMODITIES 0 11,624 8,037 10,000 1,657 0 10,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Museum 0 11,624 8,037 10,000 1,657 0 10,000

Summary

PARI(S DEPARTMENT FY20-21BUDGET OVERVIEW

Requests & Items Capital Improvement : Additional $15000 for arch restoration

: $17,500 for Kubota replacement ($17,500 from Rut/Water/Sewer aud Stormwater and $17,500 LOST : Parks Employee: see attached sheet.

Other Notable Line Item Changes 430-6407: increased $4000 for lawyer fees for anticipated land purchase 430-6426: increased $4000 to maintain additional laud and additional flood cleanups not covered byFEMA

Projected Needs Beyond FY20-21 3 new zero-tum mowers will need purchased FY21-22

January 23, 2020

Mayor Peters and Adel City Council,

Adel Park and Recreation is requesting to replace the current Parks permanent-part

time position to a full-time Parks position for the 2020-2021 FY Budget.

This would allow the Parks Department to operate more efficiently as the current

workload is too great to properly maintain the full level of service that we need to be

doing. The Parks Department is currently working in a maintenance-heavy environment

with mowing, snow removal, building maintenance, etc. and the parks projects and

improvement projects are continually set aside. Since the request for an additional

Parks employee last budget year, the demand and need is even greater. A recent

example was the FEMA repair work that was halted for a couple months this past fall

due to maintenance (mowing, trimming, tree maintenance, etc.). The addition of a 2nd

full-time employee would allow the department to run 2 crews in the seasonal months

to stay on top things.

Currently the Parks Department has 1 FT employee, Parks Maintenance Supervisor

Curtis Waddingham, and a permanent part-time employee, Warren Barcus. Warren is

budgeted at 32 hours per week with an annual salary of $26,000. Warren is eligible for

benefits, although he chooses not to receive them. Staff is recommending a salary of

$41,000. for a new full-time Parks employee. A salary difference of $15,000. A benefits

package would need to be added for the new employee at $30,000.

Parks Maintenance Supervisor Curtis Waddingham and myself will be available for input

or questions that any staff or committees may have.

Than~

Nick Schenck

Park/Rec. Director





Parks

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-430-1-6010 FULL TIME WAGES 15,152 16,147 21,320 22,231 13,102 0 39,358 ____________

001-5-430-1-6020 PART TIME WAGES 27,878 21,579 22,340 25,287 15,460 0 20,800 ____________

001-5-430-1-6040 OVERTIME WAGES 65 64 0 0 0 0 0 ____________

001-5-430-1-6210 DUES, MEMBERSHIPS, SUBSCRIPTI 683 1,030 1,226 800 797 0 1,226 ____________

001-5-430-1-6230 EDUCATION & TRAINING 433 388 211 950 205 0 950 ____________

001-5-430-1-6240 MEETING & TRAVEL 33 220 364 1,000 0 0 1,000 ____________






001-5-430-2-6373 TELEPHONE/RADIO 361 729 808 700 206 0 850 ____________

001-5-430-2-6402 ADVERTISING & LEGAL PUBLICATI 31 487 914 500 0 0 1,250 ____________

001-5-430-2-6407 PROFESS FEES-DRS, LAWYERS, EN 1,636 1,927 1,117 1,000 7,370 0 55,000 ____________


001-5-430-2-6416 RENTALS 2,434 2,913 2,761 3,500 971 0 3,500 ____________

001-5-430-2-6418 PROPERTY TAXES 0 284 0 400 1,794 0 400 ____________

001-5-430-2-6424 TREE CARE 2,026 629 977 2,200 311 0 2,200 ____________

001-5-430-2-6425 CONTRACTED MOWING 0 0 0 0 0 0 0 ____________


001-5-430-2-6432 SERVICE & MAINT AGREEMENTS 736 1,071 1,303 650 723 0 1,500 ____________

001-5-430-2-6445 PARK IMPACT FEES - N 0 0 0 0 0 0 0 ____________

001-5-430-2-6446 PARK IMPACT FEES - S 0 0 0 0 0 0 0 ____________

001-5-430-2-6501 CHEMICALS 998 255 292 400 506 0 400 ____________

001-5-430-2-6506 OFFICE SUPPLIES 403 2,234 705 500 276 0 1,000 ____________


001-5-430-2-6599 MISC SUPPLIES 1,970 1,683 1,718 1,200 2,009 0 2,000 ____________


5-430-2-6407 PROFESS FEES-DRS, LAWYPERMANENT NOTES:

$50,000 from LOST for 30 Acres concept/design planning

CAPITAL OUTLAY


001-5-430-3-6713 CAPITAL OUTLAY-BUILDING 0 61,934 0 20,000 18,686 0 35,000 ____________

001-5-430-3-6727 MINOR EQUIPMENT 0 0 1,597 4,961 894 0 0 ____________

001-5-430-3-6730 CAPITAL OUTLAY-LAND 0 0 149,368 0 0 0 800,000 ____________


5-430-3-6711 CAPITAL OUTLAY-VEHICLEPERMANENT NOTES:

50% of $35,000 Kubota Replacement

5-430-3-6713 CAPITAL OUTLAY-BUILDINPERMANENT NOTES:

$35,000 Kinnick Arch Restoration





Parks

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

5-430-3-6730 CAPITAL OUTLAY-LAND PERMANENT NOTES:

$800,000 for 30 acres near water tower

____________________________________________________________________________________________________________________________________________________________

TOTAL Parks 139,495 202,342 280,125 176,547 120,077 0 1,035,479





Island Park

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-440-1-6010 FULL TIME WAGES 11,975 12,258 17,992 18,448 10,847 0 27,192 ____________

001-5-440-1-6030 PARTTIME WAGES 10,276 10,176 13,431 16,425 7,789 0 10,400 ____________




001-5-440-2-6331 VEHICLE FUEL-OIL-LUBRICANTS 0 0 0 0 0 0 0 ____________

001-5-440-2-6332 VEHICLE, EQUIP & RADIO MAINT. 2,844 1,934 846 1,000 730 0 1,000 ____________

001-5-440-2-6371 UTILITIES-ELEC,GAS-SANITATION 6,140 6,798 6,076 7,750 441 0 7,750 ____________


001-5-440-2-6424 TREE CARE 53 100 245 600 0 0 600 ____________

001-5-440-2-6426 BUILDING & GROUNDS MAINTENANC 6,784 2,707 3,351 4,800 160 0 4,800 ____________

001-5-440-2-6599 MISC SUPPLIES 1,300 598 187 500 284 0 500 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Island Park 40,743 37,275 45,114 52,786 20,251 0 55,637





Cemetery

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-450-1-6010 FULL TIME WAGES 4,367 4,298 9,365 9,425 5,505 0 17,888 ____________

001-5-450-1-6030 PART TIME WAGES 17,490 13,217 11,170 12,644 7,789 0 10,400 ____________





001-5-450-2-6424 TREE CARE 450 178 1,245 1,100 0 0 1,100 ____________

001-5-450-2-6426 BUILDING & GROUNDS MAINTENANC 814 6,280 6,004 5,500 2,737 0 6,500 ____________

001-5-450-2-6432 SERVICE & MAINT AGREEMENTS 948 516 541 500 0 0 550 ____________

001-5-450-2-6440 REFUNDS 0 0 800 200 0 0 200 ____________

001-5-450-2-6504 MINOR EQUIPMENT 394 336 68 400 143 0 400 ____________

001-5-450-2-6599 MISC SUPPLIES 607 224 137 400 518 0 400 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Cemetery 28,165 26,787 30,866 32,869 18,719 0 40,138

Summary

POOL DEPARTMENT FY20-21 BUDGET OVERVIEW

Budget updates were made to accommodate changes in staffing requirements, new technology and programs, and continued improvements to facilities and operations.

Significant Requests & Items 460-6230 Education & Training- Increased from $3000 to $4000; management staff will be required to obtain LifeguaTd Instructor ce1tification and Water Safety Instructor certification is being encouraged for all staff members to better teach swim lessons; to offset cost, an eligibility program will be put in place so that staff must work x-amount of hours and remain in good standing to receive reimbursement at the end of the season

460-6407 Professional Fees - Increased from $1000 to $4000; drug tests for staff came in much higher than $1000 during FY19-20; a larger staff is also anticipated for 2020 pool season

Capital Improvement - $35,000 for pool shell painting/re-caulking (from Pool Maintenance fund)

Other Notable Line Item Changes 460-6432 Service Maintenance & Agreements-Increased from $800 to $1500; will cover cost ofDigiQuatics softwme and addition of Membership module to Sp01tsMan 460-6599 Miscellaneous - Increased from $1700 to $2500; will allow for the purchase of items that will continue to improve the pool and its operations ( ex. height wristbands, swim lesson supplies, etc.)

Projected Needs Beyond FY20-21 Both slides will eventually need painted and re-coated (TBD)

Any Other Comments





Pool

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-460-1-6010 FULL TIME WAGES 17,047 17,564 44,795 46,512 24,150 0 47,428 ____________

001-5-460-1-6011 PART TIME WAGES 94,230 92,075 103,662 120,000 65,269 0 120,000 ____________

001-5-460-1-6030 SEASONAL WAGES - CONCESSIONS 0 0 3,510 0 14,001 0 0 ____________




001-5-460-2-6332 VEHICLE, EQUIP & RADIO MAINT. 174 0 0 0 0 0 0 ____________


001-5-460-2-6373 TELEPHONE/RADIO 674 791 997 1,100 757 0 1,400 ____________

001-5-460-2-6402 ADVERTISING & LEGAL PUBLICATI 31 0 1,047 200 267 0 1,250 ____________



001-5-460-2-6418 SALES TAX 8,252 12,824 6,649 12,850 7,391 0 12,850 ____________


001-5-460-2-6432 SERVICE MAINT & AGREEMENTS 350 880 1,455 800 24,694 0 1,500 ____________

001-5-460-2-6433 TESTING 36 50 25 50 25 0 50 ____________

001-5-460-2-6435 INSPECTIONS 568 568 1,136 568 0 0 568 ____________

001-5-460-2-6501 CHEMICALS 9,027 9,279 10,729 9,500 7,982 0 10,000 ____________

001-5-460-2-6504 MINOR EQUIPMENT 5,521 823 4,899 2,000 303 0 2,000 ____________

001-5-460-2-6505 CONCESSION SUPPLIES 21,994 20,901 18,670 22,000 11,226 0 22,000 ____________

001-5-460-2-6599 MISC SUPPLIES 3,297 1,556 2,997 1,700 2,290 0 2,500 ____________


CAPITAL OUTLAY

001-5-460-3-6712 CAPITAL OUTLAY-BUILDING 43,760 2,319 4,122 0 0 0 35,000 ____________

TOTAL CAPITAL OUTLAY 43,760 2,319 4,122 0 0 0 35,000

5-460-3-6712 CAPITAL OUTLAY-BUILDINPERMANENT NOTES:

$35,000 Pool Shell Painting

____________________________________________________________________________________________________________________________________________________________

TOTAL Pool 234,409 197,544 245,080 255,534 181,425 0 299,032

Summary

RECREATION DEPARTMENT FY20-21 BUDGET OVERVIEW

No major changes in Recreation; a few minor adjustments to key line items.

Requests & Items 470-6020: increased $2500 to cover costs of summer and winter site supervisors 4 70-6021: increased $900 to cover costs of bringing in outside officials 470-6402: increased $1200 to cover activity guide cost due to increase in ADM population 470-6510: decreased $2100 to offer one large event instead of three small events

Other Notable Line Item Changes


Any Other Comments





Recreation

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-470-1-6010 FULL TIME WAGES 27,190 28,176 56,297 58,542 31,272 0 67,996 ____________

001-5-470-1-6020 PART TIME WAGES 5,280 6,012 15,390 12,644 9,575 0 15,900 ____________

001-5-470-1-6021 OFFICIALS/SCOREKEEPERS WAGES 5,118 9,930 11,145 10,500 3,359 0 11,400 ____________



001-5-470-1-6240 MEETING & TRAVEL 0 728 204 1,550 352 0 1,550 ____________



001-5-470-2-6331 VEHICLE FUEL-OIL-LUBRICANTS 760 1,313 1,687 1,850 891 0 1,850 ____________

001-5-470-2-6332 VEHICLE, EQUIP & RADIO MAINT. 808 795 1,423 1,000 147 0 1,000 ____________

001-5-470-2-6371 UTILITIES-ELEC,GAS-SANITATION 0 0 0 0 53 0 0 ____________

001-5-470-2-6373 TELEPHONE/RADIO 928 577 1,550 1,200 324 0 1,200 ____________

001-5-470-2-6402 ADVERTISING & LEGAL PUBLICATI 7,355 7,383 7,300 7,500 4,440 0 8,700 ____________

001-5-470-2-6403 INSURANCE-LIABILITY 225 449 492 542 0 0 563 ____________

001-5-470-2-6416 RENTALS 3,500 3,500 1,750 3,500 0 0 3,500 ____________

001-5-470-2-6418 SALES TAX 0 0 0 0 0 0 0 ____________


001-5-470-2-6432 SERVICE & MAINT AGREEMENTS 1,008 1,779 1,807 1,800 1,396 0 1,800 ____________

001-5-470-2-6436 CONCESSION EXPENSES 5,070 3,708 3,447 4,700 1,493 0 4,700 ____________

001-5-470-2-6505 CONCESSION SUPPLIES 215 215 0 0 0 0 0 ____________

001-5-470-2-6506 OFFICE SUPPLIES 455 3,238 1,154 250 276 0 750 ____________

001-5-470-2-6508 POSTAGE AND SHIPPING 0 20 0 50 0 0 50 ____________

001-5-470-2-6509 YOUTH BASKETBALL 3,418 4,563 3,998 3,500 2,061 0 4,000 ____________

001-5-470-2-6510 SPECIAL EVENTS 639 660 1,331 3,400 1,969 0 1,300 ____________

001-5-470-2-6512 ADULT LEAGUE EXPENSE 2,276 2,430 1,147 2,900 1,139 0 2,900 ____________

001-5-470-2-6535 FIRST AID SUPPLIES 105 116 78 100 0 0 100 ____________

001-5-470-2-6536 BASEBALL EXPENSE 12,624 10,721 12,637 13,500 305 0 13,500 ____________

001-5-470-2-6537 SOFTBALL EXPENSE 11,546 6,329 6,821 9,000 108 0 9,000 ____________

001-5-470-2-6538 FOOTBALL EXPENSE 0 0 0 0 0 0 0 ____________

001-5-470-2-6539 SOCCER EXPENSE 0 0 0 0 0 0 0 ____________

001-5-470-2-6540 VOLLEYBALL EXPENSE 717 0 0 0 0 0 0 ____________

001-5-470-2-6541 TENNIS EXPENSE 0 0 90 0 360 0 360 ____________

001-5-470-2-6599 MISC SUPPLIES 2,551 3,763 3,856 2,900 1,993 0 4,000 ____________


CAPITAL OUTLAY

001-5-470-3-6711 CAPITAL OUTLAY-VEHICLE 10,000 0 0 0 0 0 0 ____________

TOTAL CAPITAL OUTLAY 10,000 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Recreation 110,240 105,446 143,527 151,428 68,194 0 167,520

Summary

Finance Department FY20-21 BUDGET OVERVIEW

Significant Requests & Items

Other Notable Line Item Changes


• Additional permanent City Hall staff member ($40,000 - $60,000; depends on focus area) o As the City continues to grow, staff anticipates the need for an additional

employee to assist with City Hall operations. However, more work needs to be done to determine the duties and the physical location of this position.

• Records Management Software ($5,000 - $15,000) o More cities are moving to cloud-based record management systems.

• LED Lighting at City Hall ($ I 0,000 to $20,000) o With reduced energy costs, this purchase could pay itself back in time.

Any Other Comments





Finance

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-620-1-6010 FULL TIME WAGES 33,247 37,462 45,887 43,833 25,507 0 45,428 ____________

001-5-620-1-6011 MAYOR AND COUNCIL WAGES 8,000 8,000 7,900 8,000 8,000 0 3,135 ____________

001-5-620-1-6020 PART TIME WAGES 0 0 0 1,460 0 0 0 ____________

001-5-620-1-6040 OVERTIME WAGES 0 0 0 1,000 0 0 1,000 ____________


001-5-620-1-6221 BOARD/COMMISSION EXPENSE 0 0 0 0 0 0 0 ____________

001-5-620-1-6230 EDUCATION & TRAINING 2,268 2,764 3,356 2,955 1,453 0 3,000 ____________

001-5-620-1-6240 MEETINGS AND TRAVEL 1,162 1,893 2,382 2,356 3,110 0 3,000 ____________

001-5-620-2-6241 CONTRIBUTIONS 2,762 2,762 4,055 14,055 14,055 0 4,055 ____________




001-5-620-2-6332 VEHICLE & EQUIP MAINTENANCE 0 0 115 100 0 0 100 ____________


001-5-620-2-6373 TELEPHONE/RADIO 2,413 1,877 2,756 2,490 1,306 0 2,500 ____________

001-5-620-2-6402 ADVERTISING & LEGAL PUBLICATI 5,562 7,217 8,138 7,250 3,781 0 8,250 ____________

001-5-620-2-6405 COURT & RECORDING FEES 59 0 0 150 0 0 150 ____________

001-5-620-2-6406 INSURANCE-TORT LIABILITY 0 0 0 0 264 0 0 ____________


001-5-620-2-6409 INSURANCE - PROPERTY 5,308 4,500 4,935 5,429 0 0 5,648 ____________

001-5-620-2-6410 ANNEXATION EXPENSE 0 0 0 0 0 0 0 ____________


001-5-620-2-6420 ELECTION FEES 0 2,376 0 3,000 2,070 0 0 ____________



001-5-620-2-6437 CODIFICATION/MAPS/ZONING UPDA 510 1,936 1,711 1,000 2,000 0 2,000 ____________

001-5-620-2-6438 SPECIAL PROGRAMS (MAIN STREET 4,016 9,031 695 8,000 559 0 8,000 ____________

001-5-620-2-6439 ECONOMIC DEVELOPMENT 7,234 4,515 4,300 6,000 13,236 0 10,000 ____________

001-5-620-2-6440 REFUNDS 5 100 0 50 0 0 50 ____________

001-5-620-2-6490 OTHER PROF SERVICES (TIF) 0 0 0 0 15,545 0 15,000 ____________

001-5-620-2-6506 OFFICE SUPPLIES 2,812 2,751 2,134 3,885 2,723 0 4,000 ____________

001-5-620-2-6508 POSTAGE AND SHIPPING 1,464 963 346 2,250 199 0 2,250 ____________

001-5-620-2-6515 MUSEUM SUPPLIES/SERVICES 8,575 0 0 0 0 0 0 ____________

001-5-620-2-6525 HISTORICAL COMMISSION EXPENSE 0 0 0 0 0 0 0 ____________

001-5-620-2-6598 PETTY CASH & MISCELLANEOUS 1,363 4,024 7,619 7,000 5,487 0 7,000 ____________

001-5-620-2-6601 Nile Kinnick Museum Fund 112,966 6,621 0 0 0 0 0 ____________


CAPITAL OUTLAY

001-5-620-3-6712 CAPITAL OUTLAY - CIP 4,000 0 0 10,000 0 0 0 ____________

001-5-620-3-6713 CAPITAL OUTLAY-BUILDING 16,149 26,778 10,790 0 69,270 0 0 ____________

001-5-620-3-6721 CAPITAL OUTLAY-OFFICE FURNITU 0 0 0 0 0 0 0 ____________

001-5-620-3-6771 CAPITAL OUTLAY TSFR KINNICK 0 0 0 0 0 0 0 ____________

TOTAL CAPITAL OUTLAY 20,149 26,778 10,790 10,000 69,270 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Finance 329,110 232,719 244,781 247,420 243,831 0 248,291





Zoning/Compliance/Permits

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

001-5-630-1-6010 FULL TIME WAGES 32,232 33,719 37,049 38,748 22,907 0 39,944 ____________



001-5-630-1-6240 MEETING AND TRAVEL 53 42 10 150 29 0 150 ____________



001-5-630-2-6331 VEHICLE FUEL-OIL-LUBRICANTS 675 817 946 1,500 333 0 1,500 ____________

001-5-630-2-6332 VEHICLE, EQUIP & RADIO MAINT. 43 175 381 1,000 186 0 1,000 ____________

001-5-630-2-6373 TELEPHONE/RADIO 958 1,269 411 1,000 216 0 1,000 ____________

001-5-630-2-6402 ADVERTISING & LEGAL PUBLICATI 843 885 1,649 1,000 1,068 0 1,000 ____________


001-5-630-2-6408 INSURANCE-FIRE & AUTO-GENERAL 321 634 696 766 0 0 796 ____________

001-5-630-2-6419 DATA PROCESSING 0 1,164 2,587 1,200 0 0 1,200 ____________

001-5-630-2-6432 SERVICE & MAINT AGREEMENTS 4,301 2,855 2,949 3,000 840 0 3,000 ____________

001-5-630-2-6506 OFFICE SUPPLIES 1,402 3,289 651 1,500 306 0 1,500 ____________


5-630-2-6407 PROFESS FEES-DRS, LAWYPERMANENT NOTES:

$25,000 from balance for Envision Adel 2040 follow-up work

$50,000 from balance for ADA Transition Plan

CAPITAL OUTLAY

001-5-630-3-6711 CAPITAL OUTLAY VEHICLE 0 0 0 0 0 0 0 ____________

TOTAL CAPITAL OUTLAY 0 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Zoning/Compliance/Permits 164,681 177,148 155,837 168,649 222,048 0 226,890





Internet

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


001-5-855-2-6379 INTERNET 2,673 6,850 6,860 7,000 4,086 0 8,500 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Internet 2,673 6,850 6,860 7,000 4,086 0 8,500

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 2,194,991 2,159,740 2,347,962 2,311,533 1,504,676 0 3,415,492

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 66,228 340,538 39,367 ( 15,551) ( 338,226) 0 ( 163,809)

=========== =========== =========== =========== =========== ============ ============ ============




002-SPECIAL RESERVE TRANSFER * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

General Government

==================

TAXES

002-4-690-4-4000 IPAIT INTEREST 0 0 0 0 0 0 0 ____________

TOTAL TAXES 0 0 0 0 0 0 0


002-4-690-4-4301 C.D./PUBLIC FUNDS INTEREST 773 3,521 0 0 0 0 0 ____________

TOTAL USE OF MONEY & PROPERTY 773 3,521 0 0 0 0 0

INTERGOVERNMENTAL

002-4-690-4-4410 LIBRARY RESERVE 5,007 5,033 68 0 27 0 0 ____________

002-4-690-4-4411 POLICE RESERVES 0 0 0 0 0 0 0 ____________

002-4-690-4-4412 ZONING RESERVES 0 0 0 0 0 0 0 ____________

002-4-690-4-4413 POOL RESERVES 105,000 50,000 5,000 14,700 0 0 14,700 ____________

002-4-690-4-4415 FIRE DEPT RESERVE 0 0 0 0 0 0 0 ____________

002-4-690-4-4416 ECONOMIC STIMULUS 0 0 0 0 0 0 0 ____________

002-4-690-4-4417 PUB WKS RESERVES 170,973 0 0 0 0 0 0 ____________

002-4-690-4-4418 PARK RESERVES 212 5,000 15,000 5,000 0 0 5,000 ____________

002-4-690-4-4419 FINANCE RESERVES 16,191 20,149 0 0 0 0 0 ____________

002-4-690-4-4420 MUSEUM CD INVESTMENT ACCT 13 0 0 0 0 0 0 ____________

002-4-690-4-4430 Recreation Donations 259 0 0 0 0 0 0 ____________

TOTAL INTERGOVERNMENTAL 297,655 80,182 20,068 19,700 27 0 19,700

4-690-4-4413 POOL RESERVES PERMANENT NOTES:

14,700 from LOST for bond balloon payment

4-690-4-4418 PARK RESERVES PERMANENT NOTES:

5,000 from general for Emerald Ash Borer


002-4-690-4-4843 TRANSFER FROM TIF 0 0 0 0 0 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 0 0 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL General Government 298,428 83,703 20,068 19,700 27 0 19,700

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 298,428 83,703 20,068 19,700 27 0 19,700




002-SPECIAL RESERVE TRANSFER * * * FIRST DRAFT * * *

General Government

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

TRANSFERS

002-5-690-5-6925 SPECIAL RESERVE 0 0 0 0 0 0 0 ____________

002-5-690-5-6926 PUBLIC WORKS CD INVEST ACCT 0 0 15,375 0 0 0 0 ____________

002-5-690-5-6927 PARK CD INVESTMENT ACCT 0 0 0 0 0 0 0 ____________

002-5-690-5-6928 FINANCE CD INVESTMENT ACCT 0 0 0 0 0 0 0 ____________

002-5-690-5-6929 MUSEUM CD INVESTMENT ACCT 0 0 0 0 0 0 0 ____________

002-5-690-5-6930 FIRE DEPT RESERVE 0 0 0 0 0 0 0 ____________

002-5-690-5-6931 LIBRARY RESERVE 845 5,000 250 0 0 0 0 ____________

002-5-690-5-6932 POLICE RESERVE 10,498 0 0 0 0 0 0 ____________

002-5-690-5-6933 PARK RESERVES 0 0 4,123 10,000 0 0 10,000 ____________

TOTAL TRANSFERS 11,343 5,000 19,748 10,000 0 0 10,000

5-690-5-6933 PARK RESERVES PERMANENT NOTES:

10,000 Transfer to general for arch restoration

____________________________________________________________________________________________________________________________________________________________

TOTAL General Government 11,343 5,000 19,748 10,000 0 0 10,000

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 11,343 5,000 19,748 10,000 0 0 10,000

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 287,085 78,703 320 9,700 27 0 9,700

=========== =========== =========== =========== =========== ============ ============ ============




110-ROAD USE TAX * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Road Use Tax

============

INTERGOVERNMENTAL

110-4-210-2-4430 RUT 478,448 484,793 475,662 439,999 230,275 0 460,250 ____________

110-4-210-4-4431 TIF TRANSFER 12TH ST PROJ 25,000 25,000 25,000 0 0 0 0 ____________

TOTAL INTERGOVERNMENTAL 503,448 509,793 500,662 439,999 230,275 0 460,250

4-210-2-4430 RUT PERMANENT NOTES:

FY20-21: 3,682 X $125


110-4-210-4-4830 OTHER TRANSFERS - RUT 0 0 118,982 7,414 0 0 7,714 ____________

TOTAL OTHER FINANCING SOURCES 0 0 118,982 7,414 0 0 7,714

4-210-4-4830 OTHER TRANSFERS - RUT PERMANENT NOTES:

7,714 Transfer from general for insurance

_______________________________________________________________________________________________________________________________________________________

TOTAL Road Use Tax 503,448 509,793 619,644 447,413 230,275 0 467,964

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 503,448 509,793 619,644 447,413 230,275 0 467,964





Road Use Tax

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

110-5-210-1-6010 FULL TIME WAGES 111,291 151,463 150,520 152,609 90,873 0 186,250 ____________

110-5-210-1-6020 PART TIME WAGES 13,270 11,242 9,169 12,492 3,290 0 0 ____________

110-5-210-1-6040 OVERTIME WAGES 349 341 213 500 0 0 500 ____________

110-5-210-1-6110 CITY'S CONTRIBUTION FICA 9,238 12,395 12,751 12,631 6,922 0 14,222 ____________

110-5-210-1-6120 CITYS CONTRIBUTION-IPERS 10,771 14,887 15,378 14,874 8,822 0 17,495 ____________

110-5-210-1-6146 HRA PLAN TPA 128 128 169 136 90 0 200 ____________

110-5-210-1-6147 FLEX PLAN TPA 45 40 47 80 27 0 100 ____________

110-5-210-1-6148 HRA REIMBURSEMENT 9,054 12,466 5,988 0 2,662 0 0 ____________

110-5-210-1-6150 MEDICAL INSURANCE 18,363 21,659 22,885 30,799 12,279 0 41,954 ____________

110-5-210-1-6210 DUES, MEMBERSHIPS, SUBSCRIPTI 1,127 1,504 1,452 1,500 442 0 1,500 ____________


110-5-210-1-6240 MEETINGS AND TRAVEL 398 325 311 1,000 10 0 1,000 ____________





110-5-210-2-6371 UTILITIES-ELEC,GAS-SANITATION 7,097 8,449 8,033 8,500 794 0 8,500 ____________

110-5-210-2-6373 TELEPHONE/RADIO 1,640 1,883 579 2,000 1,489 0 3,000 ____________




110-5-210-2-6415 UNIFORM RENTAL 1,113 2,369 2,313 2,500 834 0 3,500 ____________

110-5-210-2-6417 STREET MAINT 51,191 75,956 63,209 70,000 23,942 0 70,000 ____________

110-5-210-2-6418 SIGNS 10,350 20,569 7,009 5,000 11,659 0 17,000 ____________

110-5-210-2-6425 TREE REMOVAL 2,241 3,248 0 4,000 67 0 4,000 ____________


110-5-210-2-6431 SNOW REMOVAL 39,262 44,707 62,076 50,000 38,907 0 60,000 ____________


110-5-210-2-6433 STREET CLEANING 0 0 0 0 0 0 0 ____________

110-5-210-2-6501 CHEMICALS 694 0 0 1,000 0 0 1,000 ____________

110-5-210-2-6504 MINOR EQUIPMENT 1,005 3 2,376 2,500 97 0 2,500 ____________

110-5-210-2-6506 OFFICE SUPPLIES 361 81 507 500 433 0 500 ____________


110-5-210-2-6599 MISC SUPPLIES 5,154 2,121 3,170 3,000 1,441 0 3,000 ____________


CAPITAL OUTLAY

110-5-210-3-6711 CAPITAL OUTLAY-VEHICLE 0 70,761 86,068 13,000 11,257 0 92,625 ____________

110-5-210-3-6713 CAPITAL OUTLAY-BUILDING 0 0 0 0 0 0 0 ____________

110-5-210-4-6727 RUT CAPITAL OUTLAY 94,851 0 0 0 0 0 0 ____________



50% of $180,000 Snow Plow





Road Use Tax

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

7.5% of $35,000 Kubota Replacement

TRANSFERS

110-5-210-5-6910 TIF REIMBURSEMENT 0 0 0 0 0 0 0 ____________

110-5-210-5-6911 TRANSFERS OUT 0 0 19,400 0 50,841 0 19,400 ____________

TOTAL TRANSFERS 0 0 19,400 0 50,841 0 19,400

5-210-5-6911 TRANSFERS OUT PERMANENT NOTES:

Year Two of Internal Loan payment to Sewer for Road Grader

____________________________________________________________________________________________________________________________________________________________

TOTAL Road Use Tax 441,394 497,674 518,041 437,435 289,325 0 598,360

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 441,394 497,674 518,041 437,435 289,325 0 598,360

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 62,054 12,119 101,603 9,978 ( 59,051) 0 ( 130,396)

=========== =========== =========== =========== =========== ============ ============ ============




112-TRUST AND AGENCY * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Non Departmental

================

TAXES

112-4-000-4-4000 PROPERTY TAXES / EMPL BENEFIT 330,459 345,994 395,051 418,073 206,610 0 461,485 ____________

112-4-000-4-4001 HRA TAX RECEIPTS 55,924 57,376 69,715 85,750 35,951 0 91,850 ____________


TOTAL TAXES 399,460 416,279 478,524 520,483 250,066 0 569,992

_______________________________________________________________________________________________________________________________________________________

TOTAL Non Departmental 399,460 416,279 478,524 520,483 250,066 0 569,992

Police

======

INTERGOVERNMENTAL

112-4-110-2-4400 POLICE-COPS FAST 0 0 0 0 0 0 0 ____________

112-4-110-2-4401 POLICE-DARE 176 254 578 0 167 0 0 ____________

112-4-110-2-4403 POLICE-ACADEMY TRAINING 4,060 0 0 0 0 0 0 ____________

112-4-110-2-4406 POLICE FORFEITURE FUND 0 0 0 0 0 0 0 ____________

TOTAL INTERGOVERNMENTAL 4,236 254 578 0 167 0 0


112-4-110-2-4712 POLICE EQUIPMENT 0 0 0 0 0 0 0 ____________

112-4-110-2-4713 PD Road Project 0 0 0 0 0 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 0 0 0 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Police 4,236 254 578 0 167 0 0

Fire Department

===============

INTERGOVERNMENTAL

112-4-150-2-4402 FIRE-GRANT 0 0 0 0 0 0 0 ____________

112-4-150-2-4405 FIRE-FUNDRAISER REVENUE 538 3,183 4,996 0 0 0 0 ____________

TOTAL INTERGOVERNMENTAL 538 3,183 4,996 0 0 0 0


112-4-150-2-4710 FIRE DEPT REIMBURSEMENTS 0 1,146 0 0 5 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 0 1,146 0 0 5 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Fire Department 538 4,329 4,996 0 5 0 0





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Library

=======


112-4-410-2-4700 TRUST & AGENCY - LIBRARY 19,014 7,300 14,216 6,000 6,414 0 0 ____________

112-4-410-2-4701 LIBRARY BUILDING TRUST FUND 59 0 138 0 0 0 6,000 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Library 19,073 7,300 14,354 6,000 6,414 0 6,000

Historical Museum

=================


112-4-420-1-4753 HISTORICAL MUSEUM 0 0 0 0 0 0 0 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Historical Museum 0 0 0 0 0 0 0

Park

====

LICENSES & PERMITS

112-4-430-1-4122 PARK IMPACT FEE - S (don"t us 0 0 0 0 0 0 0 ____________

112-4-430-1-4124 Community Garden 0 0 0 0 0 0 0 ____________

TOTAL LICENSES & PERMITS 0 0 0 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Park 0 0 0 0 0 0 0

Island Park

===========


112-4-440-2-4702 ISLAND PARK IMP T/A 1,789 1,935 824 0 0 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 1,789 1,935 824 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Island Park 1,789 1,935 824 0 0 0 0





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Recreation

==========

LICENSES & PERMITS

112-4-470-2-4125 Donations-Recreation 2,708 0 12,335 0 1,000 0 0 ____________

TOTAL LICENSES & PERMITS 2,708 0 12,335 0 1,000 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Recreation 2,708 0 12,335 0 1,000 0 0

General Government

==================

TAXES

112-4-690-4-4014 TRUST & AGENCY -- EMERGENCY L 32,380 34,001 35,949 38,315 19,015 0 37,075 ____________

TOTAL TAXES 32,380 34,001 35,949 38,315 19,015 0 37,075

INTERGOVERNMENTAL

112-4-690-2-4404 FLEX PLAN 6,918 9,110 7,298 7,000 4,646 0 0 ____________

TOTAL INTERGOVERNMENTAL 6,918 9,110 7,298 7,000 4,646 0 0


112-4-690-1-4752 SHORT TERM PROJECTS 0 0 0 0 0 0 0 ____________

112-4-690-2-4715 REFUNDS, MISC. 0 0 75 0 0 0 0 ____________



112-4-690-4-4830 TRANSFERS IN - T&A 0 0 36,997 32,554 0 0 61,962 ____________

TOTAL OTHER FINANCING SOURCES 0 0 36,997 32,554 0 0 61,962

4-690-4-4830 TRANSFERS IN - T&A PERMANENT NOTES:

18,340 LOST transfer for Aquatics & Recreation Supervisor

benefits

28,499 LOST transfer for new Parks employee benefits

15,123 School reimbursement for SRO benefits

_______________________________________________________________________________________________________________________________________________________

TOTAL General Government 39,298 43,111 80,320 77,869 23,660 0 99,037

Water

=====





(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-4-810-1-4730 TRUST & AGENCY-METER DEPOSITS 21,400 28,827 46,067 10,000 25,179 0 10,000 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Water 21,400 28,827 46,067 10,000 25,179 0 10,000

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 488,502 502,034 637,997 614,352 306,492 0 685,029





Police

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-110-2-6529 POLICE EQUIPMENT 0 0 0 0 0 0 0 ____________

112-5-110-2-6531 DARE SUPPLIES 0 556 398 0 265 0 0 ____________

112-5-110-2-6532 POLICE ACADEMY TRAINING 0 0 0 8,733 0 0 9,000 ____________

112-5-110-2-6533 POLICE FORFEITURE FUND 0 0 0 0 0 0 0 ____________

TOTAL SERVICES AND COMMODITIES 0 556 398 8,733 265 0 9,000

TRANSFERS

112-5-110-2-6923 PD Radio Project 0 0 0 0 0 0 0 ____________

112-5-110-5-6922 POLICE--COPS FAST 0 0 0 0 0 0 0 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Police 0 556 398 8,733 265 0 9,000





Fire Department

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

112-5-150-1-6232 FIRE DEPARTMENT 0 0 9,450 0 0 0 0 ____________

112-5-150-5-6233 FIRE-GRANT 0 0 0 0 0 0 0 ____________

TOTAL PERSONAL SERVICES 0 0 9,450 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Fire Department 0 0 9,450 0 0 0 0





Library

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-410-2-6527 LIBRARY FUNDS 16,566 8,956 6,464 6,000 14,521 0 6,000 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Library 16,566 8,956 6,464 6,000 14,521 0 6,000





Historical Museum

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-420-2-6534 HISTORICAL MUSEUM EXPENSE 0 0 0 0 0 0 0 ____________

TOTAL SERVICES AND COMMODITIES 0 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Historical Museum 0 0 0 0 0 0 0





Park

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-430-2-6424 COMMUNITY GARDEN 0 0 0 0 0 0 0 ____________

112-5-430-2-6444 ISLAND PARK IMPROVEMENTS 2,342 1,080 0 0 0 0 0 ____________

112-5-430-2-6445 PARK IMPACT FEES - NORTH 0 0 0 0 0 0 0 ____________

TOTAL SERVICES AND COMMODITIES 2,342 1,080 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Park 2,342 1,080 0 0 0 0 0





Recreation

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-470-2-6442 RECREATION DONATIONS 0 0 3,008 0 12,335 0 0 ____________

TOTAL SERVICES AND COMMODITIES 0 0 3,008 0 12,335 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Recreation 0 0 3,008 0 12,335 0 0





General Government

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES




112-5-690-1-6151 LIFE & DISABILITY INS. 9,571 10,088 7,107 8,023 3,901 0 7,938 ____________

112-5-690-1-6160 WORKMEN'S COMP 55,278 33,771 28,070 36,751 0 0 30,131 ____________

112-5-690-1-6170 UNEMPLOYMENT 0 0 9,073 0 4,502 0 0 ____________



112-5-690-2-6443 FLEX EXPENSE - TPA 225 199 148 263 90 0 211 ____________

112-5-690-2-6447 FLEX PLAN 3,990 8,228 6,800 7,000 2,221 0 7,192 ____________

112-5-690-2-6448 HRA Reimbursement 28,336 47,193 45,343 85,750 9,658 0 91,850 ____________

112-5-690-2-6449 HRA EXPENSE - TPA 1,505 1,295 1,169 1,278 648 0 993 ____________

112-5-690-2-6530 SHORT TERM PROJECTS 0 0 0 0 0 0 0 ____________


TRANSFERS

112-5-690-5-6910 TRANSFERS OUT 0 0 0 0 1,313 0 0 ____________

112-5-690-5-6923 TRANSFERS - EMERGENCY LEVY 31,179 32,711 34,969 38,315 0 0 37,075 ____________

TOTAL TRANSFERS 31,179 32,711 34,969 38,315 1,313 0 37,075

____________________________________________________________________________________________________________________________________________________________

TOTAL General Government 419,503 451,362 470,515 581,693 218,465 0 622,508





Water

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


112-5-810-2-6446 METER DEPOSIT 6,655 7,510 11,522 10,000 7,410 0 10,000 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Water 6,655 7,510 11,522 10,000 7,410 0 10,000

____________________________________________________________________________________________________________________________________________________________


=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 43,436 32,570 136,640 7,926 53,495 0 37,521

=========== =========== =========== =========== =========== ============ ============ ============




125-TIF * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Tif - Bond Payment

==================

TAXES

125-4-520-4-4050 TIF TAXES 641,589 633,628 661,815 565,455 262,321 0 499,686 ____________

TOTAL TAXES 641,589 633,628 661,815 565,455 262,321 0 499,686

_______________________________________________________________________________________________________________________________________________________

TOTAL Tif - Bond Payment 641,589 633,628 661,815 565,455 262,321 0 499,686

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 641,589 633,628 661,815 565,455 262,321 0 499,686





Tif - Bond Payment

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

TRANSFERS

125-5-520-5-6919 TIF - BOND 0 0 0 0 0 0 0 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Tif - Bond Payment 0 0 0 0 0 0 0





Tif Transfers / Expenses

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

TRANSFERS

125-5-521-5-6920 TIF-TRANSFERS DEBT SERVICE 510,815 508,920 477,520 529,455 0 0 466,240 ____________

125-5-521-5-6921 TIF TRANSFER - PROF FEES 0 0 0 0 0 0 0 ____________

125-5-521-5-6928 TIF EXPENSE 129,385 138,428 163,549 36,000 0 0 33,446 ____________

TOTAL TRANSFERS 640,200 647,348 641,069 565,455 0 0 499,686

____________________________________________________________________________________________________________________________________________________________

TOTAL Tif Transfers / Expenses 640,200 647,348 641,069 565,455 0 0 499,686

____________________________________________________________________________________________________________________________________________________________


=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 1,389 ( 13,720) 20,746 0 262,321 0 0

=========== =========== =========== =========== =========== ============ ============ ============




133-2010 BRICK SPEC ASSESSMEN * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

2010 BRICK ST SPEC ASSES

========================

SPECIAL ASSESSMENTS

133-4-212-1-4602 2010 BRICK SPEC ASSESSMENTS 1,725 1,844 2,961 1,485 1,368 0 1,420 ____________

TOTAL SPECIAL ASSESSMENTS 1,725 1,844 2,961 1,485 1,368 0 1,420

_______________________________________________________________________________________________________________________________________________________

TOTAL 2010 BRICK ST SPEC ASSES 1,725 1,844 2,961 1,485 1,368 0 1,420

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 1,725 1,844 2,961 1,485 1,368 0 1,420




133-2010 BRICK SPEC ASSESSMEN * * * FIRST DRAFT * * *


(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

DEBT SERVICE

133-5-212-4-6859 2012 BRICK SPEC ASSESSMENT 1,472 1,472 1,766 1,666 0 0 1,601 ____________

TOTAL DEBT SERVICE 1,472 1,472 1,766 1,666 0 0 1,601

____________________________________________________________________________________________________________________________________________________________

TOTAL 2010 BRICK ST SPEC ASSES 1,472 1,472 1,766 1,666 0 0 1,601

____________________________________________________________________________________________________________________________________________________________


=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 253 372 1,195 ( 181) 1,368 0 ( 181)

=========== =========== =========== =========== =========== ============ ============ ============




135-2017 BRICK ST SPEC ASSESS * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


========================

SPECIAL ASSESSMENTS

135-4-210-1-4600 2017 BRICK ST SPEC ASSESS 0 107,069 32,021 14,069 18,559 0 13,711 ____________

TOTAL SPECIAL ASSESSMENTS 0 107,069 32,021 14,069 18,559 0 13,711

_______________________________________________________________________________________________________________________________________________________

TOTAL 2017 BRICK ST SPEC ASSES 0 107,069 32,021 14,069 18,559 0 13,711

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 107,069 32,021 14,069 18,559 0 13,711




135-2017 BRICK ST SPEC ASSESS * * * FIRST DRAFT * * *


(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

DEBT SERVICE

135-5-210-4-6801 2017 BRICK ST SPEC ASSESS 0 0 18,466 17,460 0 0 17,102 ____________

TOTAL DEBT SERVICE 0 0 18,466 17,460 0 0 17,102

____________________________________________________________________________________________________________________________________________________________

TOTAL 2017 BRICK ST SPEC ASSES 0 0 18,466 17,460 0 0 17,102

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 0 0 18,466 17,460 0 0 17,102

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 0 107,069 13,555 ( 3,391) 18,559 0 ( 3,391)

=========== =========== =========== =========== =========== ============ ============ ============




200-DEBT SERVICE * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Debt Service

============

TAXES

200-4-710-4-4000 PROPERTY TAXES / DEBT SERVICE 319,443 331,547 301,377 323,524 155,157 0 333,856 ____________


TOTAL TAXES 328,461 340,495 308,954 332,263 159,393 0 342,245


200-4-710-4-4831 TRANSFER FROM TIF FOR BOND 510,815 508,920 477,520 529,455 0 0 466,240 ____________

200-4-710-4-4832 TRANSFER FROM SPEC ASSESS 14,455 4,217 23,403 19,126 0 0 18,703 ____________

200-4-710-4-4833 LOST REVENUE-TRANSFER 157,575 161,700 165,388 101,988 0 0 236,156 ____________

200-4-710-4-4857 BOND SALE RECEIPTS 2,064,924 0 0 0 41,800 0 0 ____________

TOTAL OTHER FINANCING SOURCES 2,747,769 674,837 666,311 650,569 41,800 0 721,099

4-710-4-4832 TRANSFER FROM SPEC ASSPERMANENT NOTES:

2010 Brick St 1,601

2017 Brick St 17,102

_______________________________________________________________________________________________________________________________________________________

TOTAL Debt Service 3,076,230 1,015,332 975,265 982,832 201,193 0 1,063,344

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 3,076,230 1,015,332 975,265 982,832 201,193 0 1,063,344




200-DEBT SERVICE * * * FIRST DRAFT * * *

Debt Service

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

DEBT SERVICE

200-5-710-4-6851 AQUATIC CENTER #1 157,075 161,200 164,888 168,488 41,744 0 695,555 ____________

200-5-710-4-6852 2011 A (ref 2010 Brick St B) 167,300 0 0 0 0 0 0 ____________

200-5-710-4-6853 2010 A Endloader 0 0 0 0 0 0 0 ____________

200-5-710-4-6854 2011 B (ref 02/05) 282,725 178,325 0 0 0 0 0 ____________

200-5-710-4-6855 02/05 REFUNDING NOTES 0 0 0 0 0 0 0 ____________

200-5-710-4-6856 2016 FIRE TRUCK PRINCIPAL/INT 49,060 48,580 48,100 52,300 3,650 0 0 ____________

200-5-710-4-6858 2006 REFUNDING NOTES-2012 0 0 0 0 0 0 0 ____________

200-5-710-4-6860 2002 PAVING 0 0 0 0 0 0 0 ____________

200-5-710-4-6861 2011 C (ref Library) 180,670 188,270 175,230 172,005 11,003 0 0 ____________

200-5-710-4-6863 2005 REFUNDING NOTES 0 0 0 0 0 0 0 ____________

200-5-710-4-6864 2012 B (ref 07A) 146,700 178,100 218,450 217,450 6,225 0 0 ____________

200-5-710-4-6865 ADEL BRICK STREETS 2017 0 234,946 359,000 361,350 48,175 0 358,400 ____________

200-5-710-4-6899 REGISTRAR FEES 3,000 3,350 2,700 2,500 994 0 1,000 ____________

TOTAL DEBT SERVICE 986,530 992,771 968,368 974,093 111,791 0 1,054,955

5-710-4-6851 AQUATIC CENTER #1 PERMANENT NOTES:

Using this line temporarily until the 2019 Refunding line

can be created.

TRANSFERS

200-5-710-4-6900 2010 BRICK ST PROJECT 2,065,424 0 0 0 0 0 0 ____________

200-5-710-4-6901 02/05 Refund notes 0 0 0 0 0 0 0 ____________

200-5-710-4-6902 ADEL BRICK STREETS 2017 0 0 0 0 0 0 0 ____________

TOTAL TRANSFERS 2,065,424 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Debt Service 3,051,954 992,771 968,368 974,093 111,791 0 1,054,955

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 3,051,954 992,771 968,368 974,093 111,791 0 1,054,955

=========== =========== =========== =========== =========== ============ ============ ============


=========== =========== =========== =========== =========== ============ ============ ============




324-LOST FUNDS - AQUATIC CENT * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Non Departmental

================


324-4-000-4-4856 LOST FUNDS - AQUATIC CENTER 539,776 476,425 742,152 675,000 384,644 0 750,000 ____________

TOTAL OTHER FINANCING SOURCES 539,776 476,425 742,152 675,000 384,644 0 750,000

_______________________________________________________________________________________________________________________________________________________

TOTAL Non Departmental 539,776 476,425 742,152 675,000 384,644 0 750,000

Aquatic Center Project

======================


324-4-750-4-4717 DONATIONS FROM OTHER 0 0 0 0 0 0 0 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Aquatic Center Project 0 0 0 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 539,776 476,425 742,152 675,000 384,644 0 750,000




324-LOST FUNDS - AQUATIC CENT * * * FIRST DRAFT * * *

Non Departmental

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

324-5-000-3-6783 LOST FUNDS - AQUATIC CENTER 297,799 247,158 272,500 405,586 0 0 1,291,976 ____________

TOTAL CAPITAL OUTLAY 297,799 247,158 272,500 405,586 0 0 1,291,976

5-000-3-6783 LOST FUNDS - AQUATIC CPERMANENT NOTES:

800,000 for 30 acres purchase near water tower

264,261 for Pool

35,000 from Pool Maintenance Reserve for Painting

25,000 for Kinnick Arch (not counting another 10,000 from

Parks Reserve)

$50,000 for 30 acres concept/design planning

$17,500 for Kubota Replacement (split)

18,383 for benefits for Aquatics/Rec. Supervisor

20,000 for new Parks employee

28,499 for benefits for new Parks employee

33,333 Year One of LOST transfer to General Fund for

McCalley Land Purchase

TRANSFERS

324-5-000-5-6924 TRANSFER TO DEBT SERVICE 157,575 161,700 165,388 101,988 0 0 236,156 ____________

TOTAL TRANSFERS 157,575 161,700 165,388 101,988 0 0 236,156

____________________________________________________________________________________________________________________________________________________________

TOTAL Non Departmental 455,374 408,858 437,888 507,574 0 0 1,528,132

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 455,374 408,858 437,888 507,574 0 0 1,528,132

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 84,402 67,567 304,264 167,426 384,644 0 ( 778,132)

=========== =========== =========== =========== =========== ============ ============ ============




330-STORMWATER UTIL IMPROV P1 * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


330-4-750-4-4820 STORMWATER UTIL IMPROV - USDA 0 457,641 610,869 300,000 380,721 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 457,641 610,869 300,000 380,721 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 457,641 610,869 300,000 380,721 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 457,641 610,869 300,000 380,721 0 0




330-STORMWATER UTIL IMPROV P1 * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

330-5-750-3-6780 STORMWATER UTIL IMPROV - USDA 38,240 420,901 619,235 300,000 370,855 0 200,000 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 38,240 420,901 619,235 300,000 370,855 0 200,000

____________________________________________________________________________________________________________________________________________________________


=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 38,240) 36,740 ( 8,366) 0 9,866 0 ( 200,000)

=========== =========== =========== =========== =========== ============ ============ ============




331-WATER UTIL IMPROV P1 * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


331-4-750-4-4820 WATER UTIL IMPROV P1 - USDA 0 0 1,955,286 1,045,000 841,630 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 0 1,955,286 1,045,000 841,630 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 0 1,955,286 1,045,000 841,630 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 0 1,955,286 1,045,000 841,630 0 0




331-WATER UTIL IMPROV P1 * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

331-5-750-3-6780 WATER UTIL IMPROV P1 - USDA 147,430 160,452 1,662,399 1,045,000 1,210,167 0 6,130,000 ____________

TOTAL CAPITAL OUTLAY 147,430 160,452 1,662,399 1,045,000 1,210,167 0 6,130,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 147,430 160,452 1,662,399 1,045,000 1,210,167 0 6,130,000

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 147,430 160,452 1,662,399 1,045,000 1,210,167 0 6,130,000

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 147,430) ( 160,452) 292,886 0 ( 368,536) 0 ( 6,130,000)

=========== =========== =========== =========== =========== ============ ============ ============




332-NEW WATER TREATMENT PLANT * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


332-4-750-4-4820 NEW WTR TREATMENT PLANT - USD 0 441,837 687,142 11,965,000 2,508,266 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 441,837 687,142 11,965,000 2,508,266 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 441,837 687,142 11,965,000 2,508,266 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 441,837 687,142 11,965,000 2,508,266 0 0




332-NEW WATER TREATMENT PLANT * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

332-5-750-3-6780 NEW WTR TREATMENT PLANT - USD 21,304 561,413 546,263 11,965,000 4,328,205 0 3,000,000 ____________

TOTAL CAPITAL OUTLAY 21,304 561,413 546,263 11,965,000 4,328,205 0 3,000,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 21,304 561,413 546,263 11,965,000 4,328,205 0 3,000,000

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 21,304 561,413 546,263 11,965,000 4,328,205 0 3,000,000

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 21,304) ( 119,576) 140,879 0 ( 1,819,939) 0 ( 3,000,000)

=========== =========== =========== =========== =========== ============ ============ ============




333-NEW WASTEWTR TRTMNT PLNT * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


333-4-750-4-4820 NEW WSTWTR TRTMNT PLANT - USD 0 0 0 3,915,000 0 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 0 0 3,915,000 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 0 0 3,915,000 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 0 0 3,915,000 0 0 0




333-NEW WASTEWTR TRTMNT PLNT * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

333-5-750-3-6780 NEW WSTWTR TRTMNT PLANT - USD 44,551 7,308 476,296 3,915,000 567,149 0 9,620,000 ____________

TOTAL CAPITAL OUTLAY 44,551 7,308 476,296 3,915,000 567,149 0 9,620,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 44,551 7,308 476,296 3,915,000 567,149 0 9,620,000

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 44,551 7,308 476,296 3,915,000 567,149 0 9,620,000

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 44,551) ( 7,308) ( 476,296) 0 ( 567,149) 0 ( 9,620,000)

=========== =========== =========== =========== =========== ============ ============ ============




334-EAST ANNEX SAN UTIL EXT * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


334-4-750-4-4820 EAST ANNEX SAN UTIL EXT - USD 0 320,614 3,124,667 2,225,000 2,700,081 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 320,614 3,124,667 2,225,000 2,700,081 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 320,614 3,124,667 2,225,000 2,700,081 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 320,614 3,124,667 2,225,000 2,700,081 0 0




334-EAST ANNEX SAN UTIL EXT * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

334-5-750-3-6780 EAST ANNEX SAN UTIL EXT - USD 30,570 364,086 3,050,625 2,225,000 2,988,937 0 0 ____________

TOTAL CAPITAL OUTLAY 30,570 364,086 3,050,625 2,225,000 2,988,937 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 30,570 364,086 3,050,625 2,225,000 2,988,937 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 30,570 364,086 3,050,625 2,225,000 2,988,937 0 0

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 30,570) ( 43,472) 74,042 0 ( 288,856) 0 0

=========== =========== =========== =========== =========== ============ ============ ============




335-ADEL HWY 169 IMPROV * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Capital Projects

================


335-4-750-4-4820 ADEL HWY 169 IMPROV 0 0 147,910 0 0 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 0 147,910 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 0 147,910 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 0 0 147,910 0 0 0 0




335-ADEL HWY 169 IMPROV * * * FIRST DRAFT * * *

Capital Projects

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

335-5-750-3-6780 ADEL HWY 169 IMPROV 0 0 192,723 416,000 0 0 2,142,000 ____________

TOTAL CAPITAL OUTLAY 0 0 192,723 416,000 0 0 2,142,000

____________________________________________________________________________________________________________________________________________________________

TOTAL Capital Projects 0 0 192,723 416,000 0 0 2,142,000

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 0 0 192,723 416,000 0 0 2,142,000

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES 0 0 ( 44,813) ( 416,000) 0 0 ( 2,142,000)

=========== =========== =========== =========== =========== ============ ============ ============

City of Adel, Iowa EXHIBIT 1Water Enterprise FundCash-Basis Cashflow Analysis

Growth AssumptionsOperating Expenses Various 1-Jul-16 2.25% 1-Jul-21 3.00%Water Usage 1.00% 1-Jul-17 3.00% 1-Jul-22 7.50%Interest Rate n/a 1-Jul-18 3.00% 1-Jul-23 3.00%

1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a

Unaudited Budget Projected Projected Projected Projected Projected

FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25

Water Rates 9/1/2015 7/1/2016 7/1/2017 7/1/2018 7/1/2019 7/1/2020 7/1/2021 7/1/2022 7/1/2022 7/1/2023

Water Flat Rate 1 $14.56 $14.90 $15.34 $15.80 $16.28 $16.77 $17.27 $18.57 $19.12 $19.70First 5,000 gallons 2 $7.28 $7.45 $7.67 $7.90 $8.14 $8.38 $8.64 $9.28 $9.56 $9.85

Next 6,000-20,000 gallons 3 $4.91 $5.02 $5.17 $5.33 $5.49 $5.65 $5.82 $6.26 $6.45 $6.64Next 21,000-100,000 gallons 4 $3.97 $4.06 $4.18 $4.31 $4.44 $4.57 $4.71 $5.06 $5.22 $5.37

> 100,000 gallons 5 $3.10 $3.17 $3.27 $3.36 $3.46 $3.56 $3.67 $3.95 $4.06 $4.19

CWI Surcharge 6 $0.00 $0.00 $5.00 $12.00 $24.00 $33.00 $33.00 $33.00 $33.00 $33.00Beginning of FY No. of Accounts 7 - - 1,801 1,885 1,937 1,952 1,967 1,982 1,997 2,012

Average Rate/1,000 gallons 8 $6.82 $7.22 $7.36 $7.13 $7.34 $7.56 $7.79 $8.38 $8.63 $8.89

WATER (1,000 gallons) 9 97,240 105,531 115,108 117,262 118,435 119,619 120,815 122,023 123,244 124,476

OPERATING REVENUESWater Usage Charge Revenues 10 $663,495 $761,545 $847,189 $836,065 $869,759 $904,810 $941,274 $1,021,988 $1,063,174 $1,106,020

Bulk Sales 11 611 646 985 854 854 854 854 854 854 854Connecting Fees 12 57,500 65,000 61,600 40,178 7,500 7,500 7,500 7,500 7,500 7,500

CWI Charge 13 0 7 108,052 271,468 557,856 772,992 778,932 784,872 790,812 796,752Miscellaneous Revenues 14 22,776 24,700 31,668 71,064 20,000 20,000 20,000 20,000 20,000 20,000

Total Operating Revenues 15 $744,382 $851,898 $1,049,494 $1,219,629 $1,455,969 $1,706,156 $1,748,560 $1,835,214 $1,882,340 $1,931,126

OPERATING EXPENSESBusiness Type Expenditures 16 $539,239 $632,378 $621,581 $636,399 $725,415 $761,686 $799,675 $889,659 $934,142 $980,849

Reserved 17 0 0 0 0 0 0 0 0 0 0Total Operating Expense 18 $539,239 $632,378 $621,581 $636,399 $725,415 $761,686 $799,675 $889,659 $934,142 $980,849

Net Operating Revenues 19 205,143 219,520 427,913 583,230 730,554 944,470 948,885 945,555 948,199 950,277

Non Operating Revenues (Expenses)Investment Interest 20 $0 $848 $0 $0 $0 $0 $0 $0 $0 $0

Miscellaneous 21 0 0 0 0 0 0 0 0 0 0Total Other Income 22 $0 $848 $0 $0 $0 $0 $0 $0 $0 $0

Net Revenue for Debt Service 23 $205,143 $220,368 $427,913 $583,230 $730,554 $944,470 $948,885 $945,555 $948,199 $950,277

Audited Financial Statements

Water Revenue Adjustments

ALL SYSTEM WATER PROJECTS INCLUDED

Prepared by PFM Financial Advisors LLC Page 1 of 7 7/15/2019



1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a







Water Debt ServiceSeries 2006B Water Revenue Notes 25 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Series 2013 Water Revenue Notes 26 93,931 93,331 92,731 82,838 86,938 12,039 0 0 0 0Interim Construction Loan 27 0 0 0 0 0 0 0 0 0 0Proposed USDA Loan #3 28 0 0 0 0 0 150,681 301,362 301,362 301,362 301,362

Interim Construction Loan 29 0 0 0 0 0 0 0 0 0 0Proposed USDA Loan #4 30 0 0 0 0 0 222,480 444,961 444,961 444,961 444,961

USDA Loan - Refinancing 2013 Notes 31 0 0 0 0 0 12,260 24,520 24,520 24,520 24,520Service Fee 32 500 500 800 500 1,000 500 0 0 0 0

Extra 2013 USDA Loan Payments 33 0 0 0 0 0 60,702 61,300 61,300 61,300 61,300Total Water Revenue Debt 34 $94,431 $93,831 $93,531 $83,338 $87,938 $458,662 $832,143 $832,143 $832,143 $832,143

Subordinated DebtReserved 35 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Total Water Debt 36 $94,431 $93,831 $93,531 $83,338 $87,938 $458,662 $832,143 $832,143 $832,143 $832,143

Debt Service Coverage Target = 1.25x for Parity Test / 1.35x for S&P 'A' rating / 1.20x average annual debt service for USDA LoansNet Revenues/ Revenue Debt 37 2.17 2.35 4.58 7.00 8.31 2.06 1.14 1.14 1.14 1.14

Net Revenues/Total Debt 38 2.17 2.35 4.58 7.00 8.31 2.06 1.14 1.14 1.14 1.14

NET CASHFLOW AFTER DEBT 39 $110,712 $126,537 $334,382 $499,892 $642,616 $485,809 $116,742 $113,413 $116,056 $118,135

Capital Improvement Projects 40 (34,783) (175,389) (710,636) (2,324,843) (10,213,963) (7,960,324) (72,000) (72,000) (72,000) (72,000)Other cash (uses)/sources 41 1 0 (260,000) 34,793 0 2,302,000 0 0 0 0

Bond Proceeds 42 0 0 441,837 2,642,428 10,395,826 5,192,909 0 0 0 0Transfers (to)/from General Fund 43 0 (54,500) 0 0 0 0 0 0 0 0

Other Expenditures 44 0 0 0 0 0 (87,238) 0 0 0 0Transfers (to)/from USDA Reserves 45 0 0 0 0 0 (790,456) (39,227) (39,227) (39,227) (39,227)

Transfers (to)/from Other Funds 46 106,567 83,630 16,963 (306,260) (557,856) 477,863 6,618 678 (5,262) (11,202)

Annual Surplus/ (Deficit) 47 $182,497 ($19,723) ($177,454) $546,010 $266,623 ($379,437) $12,134 $2,864 ($433) ($4,294)

Beginning Unrestricted Cash Balance 48 $383,604 $566,101 $546,378 $368,924 $914,934 $1,181,558 $802,120 $814,254 $817,118 $816,685Ending Unrestricted Cash Balance 49 $566,101 $546,378 $368,924 $914,934 $1,181,558 $802,120 $814,254 $817,118 $816,685 $812,391

Unrestricted Cash % of Expenses 50 105% 86% 59% 144% 163% 105% 102% 92% 87% 83%




1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a






RESTRICTED FUNDSSinking Fund 51 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Bond Reserve Fund 52 96,231 96,231 87,238 87,238 87,238 0 0 0 0 0CWI Charge Fund 53 0 0 108,066 379,534 937,390 546,764 540,146 539,468 544,730 555,932

USDA Reserve Fund 54 0 0 0 0 0 770,843 770,843 770,843 770,843 770,843USDA Short-Lived Asset Reserve Fund 55 0 0 0 0 0 19,613 58,840 98,067 137,293 176,520

Water Deposits 56 83,653 98,398 119,715 154,508 154,508 154,508 154,508 154,508 154,508 154,5082013 Note Fund 57 235,728 137,353 0 0 0 0 0 0 0 0

Water Improvement Fund 58 0 0 0 0 0 0 0 0 0 0Total Restricted Cash 59 $415,612 $331,982 $315,019 $621,279 $1,179,135 $1,491,728 $1,524,337 $1,562,886 $1,607,374 $1,657,803

Total Cash 60 $981,712 $878,360 $683,943 $1,536,213 $2,360,693 $2,293,848 $2,338,591 $2,380,004 $2,424,060 $2,470,195

Capital Improvement PlanOperating Capital Outlays 27,685 68,772 18,900 72,000 72,000 72,000 72,000 72,000

Well Improvements - Well 5 & 6 and Raw Water Transmission Main 121,538 1,599,462 0 0 0 0 0 0Raw Water Transmission Main 0 62,937 812,063 0 0 0 0 0

Rapids & Bryan Street Water Main Replacement 0 0 883,000 0 0 0 0 0High Service Pump Building 0 0 500,000 587,000 0 0 0 0

New Ground Storage Reservoir 0 0 750,000 417,000 0 0 0 0High Zone Feeder Main 0 0 1,000,000 1,044,000 0 0 0 0

New WTP Phase One 561,413 546,263 6,250,000 5,840,324 0 0 0 0Water Update Fund 0 47,409 0 0 0 0 0 0

Total 710,636 2,324,843 10,213,963 7,960,324 72,000 72,000 72,000 72,000


City of Adel, Iowa EXHIBIT 2Water Enterprise FundOperational Expenses

Unaudited Budget ExpenseFY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25 Growth

PersonalFull Time Wages $155,726 $168,023 $182,481 $202,194 $192,578 $202,207 $212,317 $272,933 $286,580 $300,909 5%Part Time Wages 296 2,765 4,576 0 2,304 2,419 2,540 2,667 2,801 2,941 5%Overtime Wages 1,059 1,916 1,463 466 2,500 2,625 2,756 2,894 3,039 3,191 5%

FICA 11,498 12,616 13,649 14,738 14,909 15,654 16,437 17,259 18,122 19,028 5%IPERS 13,595 15,052 16,270 17,960 18,179 19,088 20,042 21,044 22,097 23,202 5%

Flex Plan TPA 78 85 76 79 113 119 125 131 137 144 5%Flex Plan 126 0 0 0 0 0 0 0 0 0 5%

HRA Reimbursement 9,834 8,052 14,456 11,900 14,750 15,488 16,262 17,075 17,929 18,825 5%HRA Plan TPA 192 192 192 245 197 207 217 228 239 251 5%

Medical Insurance 25,343 27,277 32,002 33,275 46,535 48,862 51,305 53,870 56,564 59,392 5%Life & Disability Ins. 1,185 1,472 1,552 1,169 1,414 1,485 1,559 1,637 1,719 1,805 5%

Workmen's Comp 0 0 0 2,833 3,091 3,246 3,408 3,578 3,757 3,945 5%Dues, Memberships, Subscriptions 2,532 2,612 2,697 2,374 3,500 3,675 3,859 4,052 4,254 4,467 5%

Education & Training 2,700 3,271 2,018 2,853 3,500 3,675 3,859 4,052 4,254 4,467 5%Meeting & Travel 880 142 331 988 1,000 1,050 1,103 1,158 1,216 1,276 5%

Total Personal Services $225,044 $243,477 $271,763 $291,075 $304,570 $319,799 $335,788 $402,578 $422,707 $443,842

Services and CommoditiesVehicle Fuel-Oil-Lubricants $4,078 $4,459 $4,844 $4,128 $5,000 $5,250 $5,513 $5,788 $6,078 $6,381 5%

Vehicle, Equip & Radio Maint. 1,638 3,995 3,768 1,922 3,500 3,675 3,859 4,052 4,254 4,467 5%Utilities 33,818 33,313 37,446 36,535 40,000 42,000 80,000 84,000 88,200 92,610 5%

Telephone/Radio 2,733 1,988 2,080 1,489 2,660 2,793 2,933 3,079 3,233 3,395 5%Advertising & Legal 204 615 2,987 2,989 1,500 1,575 1,654 1,736 1,823 1,914 5%

Professional Fees 7,567 36,233 10,873 12,462 10,000 10,500 11,025 11,576 12,155 12,763 5%Insurance - Fire & Auto 10,140 10,778 18,813 15,317 16,849 17,691 18,576 19,505 20,480 21,504 5%

Uniform Rental 1,310 1,434 1,780 1,413 2,000 2,100 2,205 2,315 2,431 2,553 5%Sales/Wet Tax 38,187 39,853 58,623 59,629 55,011 57,762 60,650 63,682 66,866 70,210 5%

Data Processing 0 0 525 2,244 500 525 551 579 608 638 5%Building & Grounds Maint 3,952 5,694 3,649 8,319 7,725 8,111 8,517 8,943 9,390 9,859 5%

Wells Maint 8,227 60,232 37,488 16,433 52,000 54,600 57,330 60,197 63,206 66,367 5%Plant Maint 21,398 26,253 11,312 3,771 25,750 27,038 28,389 29,809 31,299 32,864 5%

Distribution/Line Maint 33,513 17,805 21,864 37,359 35,000 36,750 38,588 40,517 42,543 44,670 5%Service/Maint Agreements 6,810 13,426 10,153 10,532 10,000 10,500 11,025 11,576 12,155 12,763 5%

Testing 2,457 3,030 2,590 1,138 4,000 4,200 4,410 4,631 4,862 5,105 5%Refunds 0 63 0 0 100 105 110 116 122 128 5%

Chemicals 7,479 7,158 10,040 11,479 10,500 11,025 50,000 52,500 55,125 57,881 5%Minor Equip 359 575 4,909 15,221 10,000 10,500 11,025 11,576 12,155 12,763 5%

Office Supplies 6,622 5,805 11,143 8,422 7,550 7,928 8,324 8,740 9,177 9,636 5%Postage and Shipping 0 0 0 12 0 0 0 0 0 0 5%

Plant Supplies - Meters 30,036 44,548 35,378 30,006 50,000 52,500 55,125 57,881 60,775 63,814 5%Salt for Plant 51,281 65,426 49,387 62,336 67,500 70,875 0 0 0 0 5%

Misc. Supplies 558 1,184 2,656 2,169 3,700 3,885 4,079 4,283 4,497 4,722 5%Total Services and Commodities $272,367 $383,865 $342,308 $345,324 $420,845 $441,887 $463,887 $487,081 $511,435 $537,007

Capital OutlayVehicle $20,000 $0 $0 $44,341 $18,900 $12,000 $12,000 $12,000 $12,000 $12,000

Building 0 0 0 10,790 0 0 0 0 0 0Water Upgrade 2,328 59,801 22,951 13,641 0 60,000 60,000 60,000 60,000 60,000

Total Capital Outlay $22,328 $59,801 $22,951 $68,772 $18,900 $72,000 $72,000 $72,000 $72,000 $72,000

Subtotal $519,739 $687,143 $637,022 $705,171 $744,315 $833,686 $871,675 $961,659 $1,006,142 $1,052,849

Total Operating Expenses $537,411 $627,342 $614,071 $636,399 $725,415 $761,686 $799,675 $889,659 $934,142 $980,849

Internal-Audit Adjustments 1,828 5,036 7,510 0 0 0 0 0 0 0

Audit Report Totals $539,239 $632,378 $621,581 $636,399 $725,415 $761,686 $799,675 $889,659 $934,142 $980,849

Audited Financial Statements Projected Operating Expenses


Interim Loan Projects (1‐6) WATER

Dated Date 10/28/2018

First Draw 11/28/2018

Last Draw 10/28/2020 EXHIBIT 3Interest Rate 4.00%

Total Interest

Date Draws Amount Drawn Payment

10/28/2018 0 0 0

11/28/2018 0 0 0

12/28/2018 0 0 0

1/28/2019 0 0 0

2/28/2019 0 0 0

3/28/2019 442,482 442,482 1,377

4/28/2019 463,696 906,178 3,021

5/28/2019 146,721 1,052,899 3,510

6/28/2019 530,275 1,583,174 5,277 13,184

7/28/2019 300,000 1,883,174 6,277

8/28/2019 300,000 2,183,174 7,277

9/28/2019 300,000 2,483,174 8,277

10/28/2019 300,000 2,783,174 9,277

11/28/2019 300,000 3,083,174 10,277

12/28/2019 200,000 3,283,174 10,944

1/28/2020 100,000 3,383,174 11,277

2/28/2020 95,826 3,479,000 11,597

3/28/2020 350,000 3,829,000 12,763

4/28/2020 600,000 4,429,000 14,763

5/28/2020 650,000 5,079,000 16,930

6/28/2020 650,000 5,729,000 19,097 138,757

7/28/2020 600,000 6,329,000 21,097

8/28/2020 600,000 6,929,000 23,097

9/28/2020 450,000 7,379,000 24,597

10/28/2020 292,000 7,671,000 25,570

11/28/2020 106,000 7,777,000 25,923

12/28/2020 0 7,777,000 25,923 146,207

Total 7,777,000 TRUE 298,148 298,148

7,777,000 Construction Amount

Interim Loan Project (7) WATER




Total Interest


8/28/2019 300,000 300,000 0

9/28/2019 500,000 800,000 2,667

10/28/2019 700,000 1,500,000 5,000

11/28/2019 700,000 2,200,000 7,333

12/28/2019 500,000 2,700,000 9,000

1/28/2020 500,000 3,200,000 10,667

2/28/2020 500,000 3,700,000 12,333

3/28/2020 600,000 4,300,000 14,333

4/28/2020 600,000 4,900,000 16,333

5/28/2020 650,000 5,550,000 18,500

6/28/2020 700,000 6,250,000 20,833 117,000

7/28/2020 700,000 6,950,000 23,167

8/28/2020 700,000 7,650,000 25,500

9/28/2020 700,000 8,350,000 27,833

10/28/2020 650,000 9,000,000 30,000

11/28/2020 650,000 9,650,000 32,167

12/28/2020 221,000 9,871,000 32,903

1/28/2021

2/28/2021

3/28/2021

4/28/2021

5/28/2021

6/28/2021 171,570

Total 9,871,000 TRUE 288,570 288,570

9,871,000 Water Treatment Plant Construction

2,302,000 Grant Monies

1,025,000 IFA P&D Loan Payment

13,198,000 Water Treatment Plant Project

20,975,000 Construction Funds Needed

586,718 Interim Interest

632,762 2013 Bond Redemption

22,194,480 Total Funded Needed

(2,302,000) Grant Monies

19,892,480 Net USDA Loan Needed

(16,603,000) USDA Loan Commitment

3,289,480 Extra USDA Loan Request

Funded with grant

monies

City of Adel, IowaWater Enterprise Fund

USDA Loan Parity Test Calculation Summary

EXHIBIT 5Aggregate Annual Debt Service

Period USDA #3 USDS #4 USDA 2013 Total Ending Debt Service Debt Service Debt Service Reserved Reserved Debt Service

6/30/20206/30/2021 150,681 222,480 12,260 385,4226/30/2022 301,362 444,961 24,520 770,8436/30/2023 301,362 444,961 24,520 770,8436/30/2024 301,362 444,961 24,520 770,8436/30/2025 301,362 444,961 24,520 770,8436/30/2026 301,362 444,961 24,520 770,8436/30/2027 301,362 444,961 24,520 770,8436/30/2028 301,362 444,961 24,520 770,8436/30/2029 301,362 444,961 24,520 770,8436/30/2030 301,362 444,961 24,520 770,8436/30/2031 301,362 444,961 24,520 770,8436/30/2032 301,362 444,961 24,520 770,8436/30/2033 301,362 444,961 24,520 770,8436/30/2034 301,362 444,961 24,520 770,8436/30/2035 301,362 444,961 24,520 770,8436/30/2036 301,362 444,961 24,520 770,8436/30/2037 301,362 444,961 24,520 770,8436/30/2038 301,362 444,961 24,520 770,8436/30/2039 301,362 444,961 24,520 770,8436/30/2040 301,362 444,961 24,520 770,8436/30/2041 301,362 444,961 24,520 770,8436/30/2042 301,362 444,961 24,520 770,8436/30/2043 301,362 444,961 24,520 770,8436/30/2044 301,362 444,961 24,520 770,8436/30/2045 301,362 444,961 24,520 770,8436/30/2046 301,362 444,961 24,520 770,8436/30/2047 301,362 444,961 24,520 770,8436/30/2048 301,362 444,961 24,520 770,8436/30/2049 301,362 444,961 24,520 770,8436/30/2050 301,362 444,961 24,520 770,8436/30/2051 301,362 444,961 24,520 770,8436/30/2052 301,362 444,961 24,520 770,8436/30/2053 301,362 444,961 24,520 770,8436/30/2054 301,362 444,961 24,520 770,8436/30/2055 301,362 444,961 24,520 770,8436/30/2056 301,362 444,961 24,520 770,8436/30/2057 301,362 444,961 24,520 770,8436/30/2058 301,362 444,961 24,520 770,8436/30/2059 301,362 444,961 24,520 770,8436/30/2060 301,362 444,961 24,520 770,8436/30/2061 150,681 222,480 12,260 385,422

30,833,722

FY 2018-19 Historical Bond Parity Test2018-19 RAD $583,230

Average Annual D/S 770,843 0.76FY 2019-20 Projected Bond Parity Test

2019-20 RAD $730,554Average Annual D/S 770,843 0.95

FY 2020-21 Projected Bond Parity Test2020-21 RAD $944,470

Average Annual D/S 770,843 1.23Prepared by PFM Financial Advisors LLC 7/15/2019




600-WATER UTILITY * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Water

=====


600-4-810-4-4302 C D INVESTMENT ACCT 848 0 0 0 0 0 0 ____________

TOTAL USE OF MONEY & PROPERTY 848 0 0 0 0 0 0


600-4-810-1-4500 WATER METERED SALES 761,545 847,189 836,065 861,837 515,365 0 904,810 ____________

600-4-810-1-4501 WATER SERVICE EXCISE TAX 0 1 56,262 55,011 47,634 0 57,000 ____________

600-4-810-1-4511 BULK SALES 646 985 854 985 0 0 854 ____________

600-4-810-1-4540 CONNECTING FEES 65,000 61,600 40,178 7,500 2,550 0 7,500 ____________

600-4-810-1-4550 CWI SURCHARGE 7 108,052 271,468 545,760 316,328 0 772,992 ____________

600-4-810-4-4542 WATER-TRANSFERS IN 0 269,908 0 0 0 0 0 ____________

TOTAL CHARGES FOR SERVICES 827,198 1,287,734 1,204,828 1,471,093 881,877 0 1,743,156

4-810-1-4500 WATER METERED SALES PERMANENT NOTES:

Of the surplus in this fund, $545,760 will be placed into

the debt service reserve (CWI)


600-4-810-2-4716 MISC.- REFUNDS 3,300 2,841 14,801 0 2,100 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 3,300 2,841 14,801 0 2,100 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Water 831,346 1,290,575 1,219,629 1,471,093 883,977 0 1,743,156

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 831,346 1,290,575 1,219,629 1,471,093 883,977 0 1,743,156





Water

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

600-5-810-1-6010 FULL TIME WAGES 168,023 182,481 202,194 192,578 117,278 0 202,213 ____________

600-5-810-1-6020 PART TIME WAGES 2,765 4,576 0 2,304 0 0 0 ____________

600-5-810-1-6040 OVERTIME WAGES 1,916 1,463 466 2,500 0 0 2,500 ____________



600-5-810-1-6146 FLEX PLAN TPA 85 76 79 113 38 0 150 ____________

600-5-810-1-6147 FLEX PLAN 0 0 0 0 0 0 0 ____________

600-5-810-1-6148 HRA REIMBURSEMENT 8,052 14,456 11,900 14,750 3,052 0 13,650 ____________

600-5-810-1-6149 HRA PLAN TPA 192 192 245 197 130 0 250 ____________


600-5-810-1-6151 LIFE & DISABILITY INS. 1,472 1,552 1,169 1,414 695 0 1,538 ____________

600-5-810-1-6160 WORKMEN'S COMP 0 0 2,833 3,091 0 0 2,618 ____________



600-5-810-1-6240 MEETING & TRAVEL 142 331 988 1,000 240 0 1,000 ____________






600-5-810-2-6373 TELEPHONE/RADIO 1,988 2,080 1,489 2,660 1,624 0 2,793 ____________

600-5-810-2-6402 ADVERTISING & LEGAL PUBLICATI 615 2,987 2,989 1,500 1,597 0 1,575 ____________



600-5-810-2-6415 UNIFORM RENTAL 1,434 1,780 1,413 2,000 778 0 2,100 ____________

600-5-810-2-6418 SALES TAX 39,853 58,623 9,388 0 1 0 0 ____________

600-5-810-2-6419 DATA PROCESSING EXPENSES 0 525 2,244 500 430 0 525 ____________

600-5-810-2-6420 WET TAX 0 0 50,241 55,011 41,493 0 57,762 ____________

600-5-810-2-6426 BUILDING & GROUNDS MAINTENANC 5,694 3,649 8,319 7,725 125 0 8,111 ____________

600-5-810-2-6427 WELLS MAINT 60,232 37,488 16,433 52,000 0 0 54,600 ____________

600-5-810-2-6428 PLANT MAINTENANCE 26,253 11,312 3,771 25,750 12,499 0 27,038 ____________

600-5-810-2-6429 DISTRIBUTION/ LINE MAINT 17,805 21,864 37,359 35,000 15,651 0 36,750 ____________


600-5-810-2-6433 TESTING 3,030 2,590 1,138 4,000 917 0 4,200 ____________

600-5-810-2-6440 REFUNDS 63 0 0 100 0 0 105 ____________

600-5-810-2-6501 CHEMICALS 7,158 10,040 11,479 10,500 8,317 0 15,000 ____________

600-5-810-2-6504 MINOR EQUIPMENT 575 4,909 15,221 10,000 0 0 10,500 ____________

600-5-810-2-6506 OFFICE SUPPLIES 5,805 11,143 8,422 7,500 4,943 0 7,928 ____________

600-5-810-2-6508 POSTAGE & SHIPPING 0 0 12 50 0 0 0 ____________

600-5-810-2-6511 PLANT SUPPLIES - METERS 44,548 35,378 30,006 50,000 4,832 0 40,000 ____________

600-5-810-2-6513 SALT FOR PLANT 65,426 49,386 62,336 67,500 28,355 0 70,875 ____________

600-5-810-2-6599 MISC SUPPLIES 1,184 2,655 2,169 3,700 1,653 0 3,885 ____________






Water

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY

600-5-810-3-6711 CAPITAL OUTLAY-VEHICLE 0 0 44,341 18,900 12,961 0 51,500 ____________

600-5-810-3-6713 CAPITAL OUTLAY-BUILDING 0 0 10,790 0 0 0 0 ____________

600-5-810-3-6781 CAPITAL IMP-WATER UPGRADE 59,801 0 13,641 0 6,610 0 60,000 ____________

TOTAL CAPITAL OUTLAY 59,801 0 68,772 18,900 19,572 0 111,500




DEBT SERVICE

600-5-810-4-6801 REVENUE/SINKING-PRINCIPAL 0 0 0 0 0 0 0 ____________

600-5-810-4-6850 REVENUE/SINKING-INTEREST 0 0 0 0 0 0 0 ____________

600-5-810-4-6860 2013 WATER REV BOND-PRINCIPAL 60,000 320,000 60,000 65,000 0 0 65,000 ____________

600-5-810-4-6861 2013 WATER REV BOND INTEREST 33,331 32,731 22,838 21,938 10,969 0 29,632 ____________

600-5-810-4-6862 SRF- PRINCIPAL 0 0 0 0 0 0 0 ____________

600-5-810-4-6863 SRF - INTEREST 0 0 0 0 0 0 458,662 ____________

600-5-810-4-6899 SERVICE FEES 500 800 500 1,000 0 0 0 ____________

TOTAL DEBT SERVICE 93,831 353,531 83,338 87,938 10,969 0 553,294

5-810-4-6863 SRF - INTEREST PERMANENT NOTES:

Using this line temporarily to reflect the USDA payments

TRANSFERS

600-5-810-4-6914 INTERNAL LOAN 0 0 0 0 0 0 0 ____________

600-5-810-5-6982 CERTIFICATE OF DEPOSITS 0 0 0 0 0 0 0 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL Water 780,974 967,602 788,509 832,253 344,672 0 1,406,781

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 780,974 967,602 788,509 832,253 344,672 0 1,406,781

=========== =========== =========== =========== =========== ============ ============ ============


=========== =========== =========== =========== =========== ============ ============ ============

City of Adel, Iowa EXHIBIT 1Sewer Enterprise FundCash-Basis Cashflow Analysis


1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a.



Sewer Rates 9/1/2015 7/1/2016 7/1/2017 7/1/2018 7/1/2019 7/1/2020 7/1/2021 7/1/2022 7/1/2022 7/1/2023

Sewer Flat Rate 1 $13.86 $14.18 $14.60 $15.04 $15.50 $15.97 $16.44 $17.92 $18.46 $19.02First 5,000 gallons per 1,000 gallons 2 $6.93 $7.09 $7.30 $7.52 $7.75 $7.98 $8.22 $8.96 $9.23 $9.51

> 5,000 gallons per 1,000 gallons 3 $4.98 $5.09 $5.24 $5.40 $5.56 $5.73 $5.90 $6.43 $6.62 $6.82

CSI Surcharge 4 $0.00 $0.00 $7.00 $12.00 $15.00 $25.00 $30.50 $30.50 $30.50 $30.50Beginning of FY # of Accounts 5 - - 1,745 1,906 2,027 2,042 2,057 2,072 2,087 2,102

Average Rate/1,000 gallons 6 $5.94 $5.88 $5.91 $6.61 $6.44 $6.63 $6.83 $7.44 $7.66 $7.89

WATER SOLD (1,000 gallons) 7 97,240 105,531 115,108 117,262 118,435 119,619 120,815 122,023 123,244 124,476

OPERATING REVENUESSewer Usage Charge Revenues 8 $577,788 $620,972 $680,807 $775,601 $762,719 $793,074 $825,168 $907,853 $944,046 $982,115

Connection Fee 9 51,750 62,750 131,000 44,500 7,500 7,500 7,500 7,500 7,500 7,500CSI Charge 10 0 5 146,586 274,480 364,860 612,600 752,862 758,352 763,842 769,332

Miscellaneous Revenues 11 2,308 3,150 1,643 303 0 0 0 0 0 0Total Operating Revenues 12 $631,846 $686,877 $960,036 $1,094,884 $1,135,079 $1,413,174 $1,585,530 $1,673,705 $1,715,388 $1,758,947




Non Operating Revenues (expenses)Interest 17 $0 $318 $0 $0 $0 $0 $0 $0 $0 $0

Total Other Income 18 $0 $318 $0 $0 $0 $0 $0 $0 $0 $0Net Revenue for Debt Service 19 $190,677 $206,648 $460,090 $619,634 $608,411 $860,172 $845,158 $842,248 $842,357 $842,265

Sewer Revenue Adjustments





1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a.






Sewer Debt ServiceSeries 1997 SRF 21 $15,930 $16,480 $0 $0 $0 $0 $0 $0 $0 $0

Series 2013 Sewer Revenue Notes 22 39,763 39,513 39,263 0 0 0 0 0 0 0Interim Construction Loan Interest 23 0 0 17,737 9,538 96,980 284,791 0 0 0 0

2018 USDA Loan #1 24 0 0 14,096 42,288 42,288 42,288 42,288 42,288 42,288 42,2882019 USDA East Annex Loan #4 25 0 0 0 0 117,078 234,156 234,156 234,156 234,156 234,156

2021 USDA Treatment Plant Loan #5 26 0 0 0 0 0 0 421,716 421,716 421,716 421,716Service Fee 27 515 507 2,497 0 0 0 0 0 0 0

Miscellaneous 28 0 0 0 0 0 0 0 0 0 0Total Sewer Debt 29 $56,208 $56,500 $73,593 $51,826 $256,346 $561,235 $698,160 $698,160 $698,160 $698,160

Debt Service Coverage Additional Bonds Test = 1.20x the average amount of debt service on current and projected debt service.

Net Revenues/ Revenue Debt 30 3.39 3.66 6.25 11.96 2.37 1.53 1.21 1.21 1.21 1.21Net Revenues/ Total Debt 31 3.39 3.66 6.25 11.96 2.37 1.53 1.21 1.21 1.21 1.21


Capital Improvement Projects 33 0 (75,121) (1,528,670) (3,624,567) (5,288,160) (9,694,690) (3,384,690) (94,690) (94,690) (94,690)Other cash (uses)/sources 34 (1) (1) 0 226,911 959,000 1,365,000 3,290,000 0 0 0

Bond Proceeds 35 0 0 1,033,614 3,124,667 4,218,370 8,235,000 0 0 0 0Transfers to/(from) Sewer Fund 36 0 (100,250) 0 (97,000) 0 0 0 0 97,000 0

Transfers (to)/from LOST 37 0 0 111,121 0 0 0 0 0 0 0Transfers (to)/from USDA Reserves 38 0 0 (11,765) (14,236) (60,999) (238,444) (62,210) (62,210) (62,210) (62,210)

Transfers (to)/from Other Funds 39 20,999 75,122 104,913 (222,653) (47,515) 187,079 7,508 2,018 (3,472) (8,962)

Annual Surplus/ (Deficit) 40 $155,468 $49,898 $95,711 ($39,070) $132,761 $152,883 ($2,394) ($10,794) $80,825 ($21,757)

Beginning Unrestricted Cash Balance 41 $336,066 $491,534 $541,432 $637,142 $598,073 $730,834 $883,716 $881,323 $870,529 $951,354Ending Unrestricted Cash Balance 42 $491,534 $541,432 $637,142 $598,073 $730,834 $883,716 $881,323 $870,529 $951,354 $929,597Unrestricted Cash % of Expenses 43 111% 113% 127% 126% 139% 160% 119% 105% 109% 101%




1-Jul-19 3.00% 1-Jul-24 3.00%1-Jul-20 3.00% 1-Jul-25 n.a.





RESTRICTED FUNDSSinking Fund 44 $57,857 $57,857 $0 $0 $0 $0 $0 $0 $0 $0

Bond Reserve Fund 45 41,038 41,038 0 0 0 0 0 0 0 0CSI Charge Fund 46 0 0 116,404 339,057 386,572 199,493 191,985 189,967 193,439 202,401

USDA Reserve Fund 47 0 0 1,765 6,001 54,000 276,444 318,624 360,804 402,984 445,164USDA Short-Lived Asset Reserve Fund 48 0 0 10,000 20,000 33,000 49,000 69,030 89,060 109,090 129,120

2013 Bond Fund 49 197,544 122,422 0 0 0 0 0 0 0 0Sewer Improvement Fund 50 167,079 167,079 167,079 167,079 167,079 167,079 167,079 167,079 167,079 167,079

Total Restricted Cash 51 $463,518 $388,396 $295,248 $532,137 $640,651 $692,016 $746,718 $806,910 $872,592 $943,764

Total Cash 52 $955,052 $929,828 $932,390 $1,130,210 $1,371,485 $1,575,732 $1,628,041 $1,677,439 $1,823,946 $1,873,361

Capital Improvement PlanOperating Capital Outlays 0 97,646 110,790 94,690 94,690 94,690 94,690 94,690

Main Street Sewer Phase One 0 0 0 0 0 0 0 0Main Street Sewer Phase Two 0 0 0 0 0 0 0 0

Wastewater Treatment Plant Phase One (2.3 MGD) 7,308 476,296 2,161,396 9,600,000 3,290,000 0 0 0East Annex Sewer Extension (Phased Lift Station) 361,401 3,050,625 3,015,974 0 0 0 0 0

Reserved 0 0 0 0 0 0 0Reserved 0 0 0 0 0 0 0 0

2017 Bonds - Sewer Portion - Brick Streets 1,159,961 0 0 0 0 0 0 0Total 1,528,670 3,624,567 5,288,160 9,694,690 3,384,690 94,690 94,690 94,690


City of Adel, Iowa EXHIBIT 2Sewer Enterprise FundOperational Expenses

Unaudited Budget ExpenseFY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25 Growth

PersonalFull Time Wages $152,549 $150,056 $164,707 $179,160 $189,690 $199,299 $209,264 $369,727 $438,214 $460,124 $483,130 5%Part Time Wages 8,785 7,019 6,940 7,440 7,631 7,260 7,623 8,004 8,404 8,825 9,266 5%Overtime Wages 0 0 304 141 0 315 331 347 365 383 402 5%

FICA 11,855 11,462 12,510 13,422 14,393 15,802 16,592 17,422 18,293 19,207 20,168 5%IPERS 12,095 13,675 15,214 16,487 17,873 19,282 20,246 21,258 22,321 23,437 24,609 5%

Flex Plan TPA 26 87 95 84 83 150 158 165 174 182 191 5%Flex Plan 1,365 248 292 0 0 0 0 0 0 0 0 5%

HRA Reimbursement 7,903 13,280 10,026 16,062 7,626 13,700 14,385 15,104 15,859 16,652 17,485 5%HRA Plan TPA 97 167 167 167 184 183 192 202 212 222 234 5%

Medical Insurance 17,599 19,746 21,647 24,864 31,871 40,500 42,525 44,651 46,884 49,228 51,689 5%Life & Disability Ins. 845 987 1,227 1,293 1,266 1,458 1,531 1,607 1,688 1,772 1,861 5%

Workmen's Comp 1,419 0 0 0 2,694 3,675 3,859 4,052 4,254 4,467 4,690 5%Unemployment 0 0 0 0 0 0 0 0 0 0 0 5%

Dues, Subscriptions 1,758 1,058 2,267 2,370 3,086 2,625 2,756 2,894 3,039 3,191 3,350 5%Education & Training 1,167 2,380 2,002 770 2,513 2,625 2,756 2,894 3,039 3,191 3,350 5%

Meeting & Travel 577 1,414 649 760 595 1,575 1,654 1,736 1,823 1,914 2,010 5%Total Personal Services $218,040 $221,579 $238,047 $263,020 $279,504 $308,449 $323,871 $490,065 $564,568 $592,797 $622,437

Services and CommoditiesVehicle Fuel-Oil-Lubricants $2,601 $2,550 $2,572 $2,971 $3,333 $3,000 $3,150 $3,308 $3,473 $3,647 $3,829 5%

Vehicle, Equip & Radio Maint. 3,073 3,173 8,531 7,410 5,839 4,000 4,200 4,410 4,631 4,862 5,105 5%Utilities 24,035 29,459 25,833 33,659 37,700 32,000 33,600 45,000 60,000 63,000 66,150 5%

Telephone/Radio 1,066 2,478 1,528 1,131 1,313 2,000 2,100 2,205 2,315 2,431 2,553 5%LP Gas 602 335 303 534 449 500 525 551 579 608 638 5%

Advertising & Legal Publication 0 0 0 0 670 0 0 0 0 0 0 5%Professional Fees 3,860 49,168 15,316 8,962 11,302 10,000 10,500 11,025 11,576 12,155 12,763 5%

Insurance - Fire & Auto 5,948 3,489 3,529 9,020 6,563 7,219 7,580 7,959 8,357 8,775 9,213 5%Uniform Rental 897 1,254 1,301 1,773 1,211 2,000 2,100 2,205 2,315 2,431 2,553 5%

Sales Tax 5,922 3,702 3,256 4,395 3,826 5,000 5,250 5,513 5,788 6,078 6,381 5%Data Processing 0 0 0 525 744 200 210 221 232 243 255 5%

Building & Grounds Maint. 1,827 7,030 6,111 4,826 3,076 6,500 6,825 7,166 7,525 7,901 8,296 5%Plant Maint. 5,577 3,301 4,544 11,579 13,594 12,000 12,600 13,230 13,892 14,586 15,315 5%

Distribution/Line Maint. 20,053 33,953 36,753 15,431 26,221 25,000 26,250 27,563 28,941 30,388 31,907 5%Service/Maint. Agreements 9,218 12,527 19,954 29,239 31,390 40,000 42,000 44,100 46,305 48,620 51,051 5%

Testing 10,553 15,070 15,999 17,614 18,015 25,000 26,250 27,563 28,941 30,388 31,907 5%Refunds 0 0 0 203 0 0 0 0 0 0 0 5%

Chemicals 2,279 2,572 6,550 5,624 5,925 7,500 7,875 8,269 0 0 0 5%Minor Equipment 2,048 302 2,911 1,409 1,353 4,000 4,200 4,410 4,631 4,862 5,105 5%

Office Supplies 4,416 5,245 5,080 10,932 8,258 6,000 6,300 6,615 6,946 7,293 7,658 5%Plant Supplies 8,998 19,423 26,771 25,228 14,230 25,000 26,250 27,563 28,941 30,388 31,907 5%Misc. Supplies 516 1,253 1,080 1,167 737 1,300 1,365 1,433 1,505 1,580 1,659 5%

Services and Commodities $113,489 $196,284 $187,921 $193,632 $195,747 $218,219 $229,130 $250,306 $266,890 $280,234 $294,246

Capital OutlayVehicle $0 $0 $0 $7,250 $86,856 $66,100 $50,000 $50,000 $50,000 $50,000 $50,000

Building 0 0 10,045 0 10,790 10,790 10,790 10,790 10,790 10,790 10,790Sewer Upgrades 0 2,328 44,535 36,044 0 33,900 33,900 33,900 33,900 33,900 33,900

Total Capital Outlay $0 $2,328 $54,580 $43,294 $97,646 $110,790 $94,690 $94,690 $94,690 $94,690 $94,690

Subtotal $331,529 $420,191 $480,548 $499,946 $572,896 $637,458 $647,691 $835,061 $926,148 $967,720 $1,011,372

Total Operating Expenses $331,529 $417,863 $425,968 $456,652 $475,251 $526,668 $553,001 $740,371 $831,458 $873,031 $916,682

Internal-Audit Adjustments (288) 23,306 54,580 43,294 0 0 0 0 0 0 0

Cashflow Operating Expenses $331,241 $441,169 $480,548 $499,946 $475,251 $526,668 $553,001 $740,371 $831,458 $873,031 $916,682



Interim Loan East Annex SEWER




Total Interest


10/28/2018 0 0 0

11/28/2018 0 0 0

12/28/2018 0 0 0

1/28/2019 0 0 0

2/28/2019 236,700 236,700 0

3/28/2019 666,479 903,179 687

4/28/2019 660,979 1,564,158 2,807

5/28/2019 763,638 2,327,796 4,862

6/28/2019 722,829 3,050,625 7,236 15,592

7/28/2019 700,000 3,750,625 9,482

8/28/2019 700,000 4,450,625 11,658

9/28/2019 656,974 5,107,599 13,834

10/28/2019 0 5,107,599 15,876

11/28/2019 0 5,107,599 15,876

12/28/2019 0 5,107,599 15,876 82,603

Total 5,107,599 FALSE 98,195 98,195

6,428,000 Project Costs

(361,401) FY 18 Construction Cost

(959,000) County Portion

0 Capitalized Interest

5,107,599

City of Adel, IowaSewer Enterprise Fund

USDA Loan East Annex Parity Test Calculation Summary


Period USDA #1 USDA EA TotalEnding Debt Service Debt Service Reserved Reserved Debt Service

6/1/2020 21,144.00 117,078.00 138,222.006/1/2021 42,288.00 234,156.00 276,444.006/1/2022 42,288.00 234,156.00 276,444.006/1/2023 42,288.00 234,156.00 276,444.006/1/2024 42,288.00 234,156.00 276,444.006/1/2025 42,288.00 234,156.00 276,444.006/1/2026 42,288.00 234,156.00 276,444.006/1/2027 42,288.00 234,156.00 276,444.006/1/2028 42,288.00 234,156.00 276,444.006/1/2029 42,288.00 234,156.00 276,444.006/1/2030 42,288.00 234,156.00 276,444.006/1/2031 42,288.00 234,156.00 276,444.006/1/2032 42,288.00 234,156.00 276,444.006/1/2033 42,288.00 234,156.00 276,444.006/1/2034 42,288.00 234,156.00 276,444.006/1/2035 42,288.00 234,156.00 276,444.006/1/2036 42,288.00 234,156.00 276,444.006/1/2037 42,288.00 234,156.00 276,444.006/1/2038 42,288.00 234,156.00 276,444.006/1/2039 42,288.00 234,156.00 276,444.006/1/2040 42,288.00 234,156.00 276,444.006/1/2041 42,288.00 234,156.00 276,444.006/1/2042 42,288.00 234,156.00 276,444.006/1/2043 42,288.00 234,156.00 276,444.006/1/2044 42,288.00 234,156.00 276,444.006/1/2045 42,288.00 234,156.00 276,444.006/1/2046 42,288.00 234,156.00 276,444.006/1/2047 42,288.00 234,156.00 276,444.006/1/2048 42,288.00 234,156.00 276,444.006/1/2049 42,288.00 234,156.00 276,444.006/1/2050 42,288.00 234,156.00 276,444.006/1/2051 42,288.00 234,156.00 276,444.006/1/2052 42,288.00 234,156.00 276,444.006/1/2053 42,288.00 234,156.00 276,444.006/1/2054 42,288.00 234,156.00 276,444.006/1/2055 42,288.00 234,156.00 276,444.006/1/2056 42,288.00 234,156.00 276,444.006/1/2057 42,288.00 234,156.00 276,444.006/1/2058 28,192.00 234,156.00 262,348.006/1/2059 234,156.00 234,156.006/1/2060 117,078.00 117,078.006/1/2061

10,980,232.00


Average Annual D/S 274,506 0.75FY 2017-18 Historical Bond Parity Test

2017-18 RAD $460,090Average Annual D/S 274,506 1.68FY 2018-19 Projected Bond Parity Test



Interim Loan WTP SEWER

Dated Date 6/1/2019

First Draw 7/1/2019


Total Interest


6/1/2019 476,296 476,296 0

7/1/2019 62,377 538,673 0

8/1/2019 62,377 601,050 0

9/1/2019 62,377 663,427 0

10/1/2019 62,377 725,804 0

11/1/2019 62,377 788,181 0

12/1/2019 62,377 850,558 0

1/1/2020 62,377 912,935 0

2/1/2020 62,377 975,312 0

3/1/2020 62,380 1,037,692 0

4/1/2020 350,000 1,387,692 3,459

5/1/2020 500,000 1,887,692 4,626

6/1/2020 750,000 2,637,692 6,292 14,377

7/1/2020 900,000 3,537,692 8,792

8/1/2020 900,000 4,437,692 11,792

9/1/2020 900,000 5,337,692 14,792

10/1/2020 900,000 6,237,692 17,792

11/1/2020 900,000 7,137,692 20,792

12/1/2020 600,000 7,737,692 23,792

1/1/2021 600,000 8,337,692 25,792

2/1/2021 600,000 8,937,692 27,792

3/1/2021 750,000 9,687,692 29,792

4/1/2021 850,000 10,537,692 32,292

5/1/2021 335,000 10,872,692 35,126

6/1/2021 0 10,872,692 36,242 284,791

7/1/2021 0

8/1/2021 0

9/1/2021 0

10/1/2021 0

11/1/2021 0

12/1/2021 0 0

Total 10,872,692 TRUE 299,168 299,168

15,535,000 Project Costs

(7,308) Project Costs FY 18

(4,655,000) Grant Monies

0 Use of Cash

10,872,692

P& D Loan

No Interest

City of Adel, IowaSewer Enterprise Fund

USDA Loan Wastewater Treatment Plant Parity Test Calculation Summary


Period USDA #1 USDA EA USDA WTP TotalEnding Debt Service Debt Service Debt Service Reserved Debt Service

6/1/2022 21,144.00 117,078.00 421,716.00 559,938.006/1/2023 42,288.00 234,156.00 421,716.00 698,160.006/1/2024 42,288.00 234,156.00 421,716.00 698,160.006/1/2025 42,288.00 234,156.00 421,716.00 698,160.006/1/2026 42,288.00 234,156.00 421,716.00 698,160.006/1/2027 42,288.00 234,156.00 421,716.00 698,160.006/1/2028 42,288.00 234,156.00 421,716.00 698,160.006/1/2029 42,288.00 234,156.00 421,716.00 698,160.006/1/2030 42,288.00 234,156.00 421,716.00 698,160.006/1/2031 42,288.00 234,156.00 421,716.00 698,160.006/1/2032 42,288.00 234,156.00 421,716.00 698,160.006/1/2033 42,288.00 234,156.00 421,716.00 698,160.006/1/2034 42,288.00 234,156.00 421,716.00 698,160.006/1/2035 42,288.00 234,156.00 421,716.00 698,160.006/1/2036 42,288.00 234,156.00 421,716.00 698,160.006/1/2037 42,288.00 234,156.00 421,716.00 698,160.006/1/2038 42,288.00 234,156.00 421,716.00 698,160.006/1/2039 42,288.00 234,156.00 421,716.00 698,160.006/1/2040 42,288.00 234,156.00 421,716.00 698,160.006/1/2041 42,288.00 234,156.00 421,716.00 698,160.006/1/2042 42,288.00 234,156.00 421,716.00 698,160.006/1/2043 42,288.00 234,156.00 421,716.00 698,160.006/1/2044 42,288.00 234,156.00 421,716.00 698,160.006/1/2045 42,288.00 234,156.00 421,716.00 698,160.006/1/2046 42,288.00 234,156.00 421,716.00 698,160.006/1/2047 42,288.00 234,156.00 421,716.00 698,160.006/1/2048 42,288.00 234,156.00 421,716.00 698,160.006/1/2049 42,288.00 234,156.00 421,716.00 698,160.006/1/2050 42,288.00 234,156.00 421,716.00 698,160.006/1/2051 42,288.00 234,156.00 421,716.00 698,160.006/1/2052 42,288.00 234,156.00 421,716.00 698,160.006/1/2053 42,288.00 234,156.00 421,716.00 698,160.006/1/2054 42,288.00 234,156.00 421,716.00 698,160.006/1/2055 42,288.00 234,156.00 421,716.00 698,160.006/1/2056 42,288.00 234,156.00 421,716.00 698,160.006/1/2057 42,288.00 234,156.00 421,716.00 698,160.006/1/2058 28,192.00 234,156.00 421,716.00 684,064.006/1/2059 234,156.00 421,716.00 655,872.006/1/2060 117,078.00 421,716.00 538,794.006/1/2061 421,716.00 421,716.006/1/2062 210,858.00 210,858.006/1/2063

27,506,842.00


Average Annual D/S 687,671 0.88FY 2020-21 Historical Bond Parity Test

2020-21 RAD $860,172Average Annual D/S 687,671 1.25FY 2021-22 Projected Bond Parity Test






610-SEWER UTILITY FUND * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Sewer

=====


610-4-815-4-4301 C D INVESTMENT ACCT 318 0 0 0 0 0 0 ____________



610-4-815-1-4510 SEWER SERVICE FEES 620,972 680,807 775,601 736,234 461,406 0 793,074 ____________

610-4-815-1-4541 SEWER CONNECTION FEE 62,750 131,000 44,500 7,500 4,500 0 7,500 ____________

610-4-815-1-4550 CSI SURCHARGE 5 146,586 274,480 339,840 209,098 0 612,600 ____________

610-4-815-4-4542 SEWER-TRANSFERS IN 0 311,350 226,912 0 167,079 0 19,400 ____________

TOTAL CHARGES FOR SERVICES 683,728 1,269,744 1,321,493 1,083,574 842,084 0 1,432,574

4-815-1-4510 SEWER SERVICE FEES PERMANENT NOTES:

Of the surplus in this fund, $13,000 will be placed into a

short-lived asset reserve (per USDA requirements) and

$62,027 will be placed into the debt service reserves (CSI

reserve & reserve required by USDA)

4-815-4-4542 SEWER-TRANSFERS IN PERMANENT NOTES:

Year Two of Internal Loan payment from RUT for road grader


610-4-815-2-4716 MISC REFUND 3,150 1,643 303 0 450 0 0 ____________

TOTAL MISCELLANEOUS REVENUES 3,150 1,643 303 0 450 0 0


610-4-815-4-4820 PROCEEDS OF DEBT 0 1,147,700 0 0 0 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 1,147,700 0 0 0 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL Sewer 687,195 2,419,087 1,321,796 1,083,574 842,534 0 1,432,574

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 687,195 2,419,087 1,321,796 1,083,574 842,534 0 1,432,574





Sewer

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

610-5-815-1-6010 FULL TIME WAGES 164,707 179,160 189,690 199,299 120,104 0 225,528 ____________

610-5-815-1-6020 PART TIME WAGES 6,940 7,440 7,631 7,260 2,582 0 0 ____________

610-5-815-1-6040 OVERTIME WAGES 304 141 0 315 56 0 326 ____________



610-5-815-1-6146 FLEX PLAN TPA 95 84 83 150 53 0 150 ____________

610-5-815-1-6147 FLEX PLAN 292 0 0 0 0 0 0 ____________

610-5-815-1-6148 HRA REIMBURSEMENT 10,026 16,062 7,626 13,700 2,851 0 12,975 ____________

610-5-815-1-6149 HRA PLAN TPA 167 167 184 183 120 0 250 ____________


610-5-815-1-6151 LIFE & DISABILITY INS. 1,227 1,293 1,266 1,458 695 0 1,706 ____________

610-5-815-1-6160 WORKMEN'S COMP 0 0 2,694 3,675 0 0 2,442 ____________

610-5-815-1-6170 UNEMPLOYMENT 0 0 0 0 0 0 0 ____________


610-5-815-1-6230 EDUCATION & TRAINING 2,002 770 2,513 2,625 390 0 2,625 ____________

610-5-815-1-6240 MEETING & TRAVEL 649 759 595 1,575 221 0 1,575 ____________






610-5-815-2-6373 TELEPHONE/RADIO 1,528 1,131 1,313 2,000 392 0 2,100 ____________

610-5-815-2-6377 L.P. GAS 303 534 449 500 484 0 525 ____________

610-5-815-2-6402 ADVERTISING & LEGAL PUBLICATI 0 0 670 0 1,597 0 0 ____________



610-5-815-2-6415 UNIFORM RENTAL 1,301 1,773 1,211 2,000 712 0 2,100 ____________

610-5-815-2-6418 SALES TAX 3,256 4,395 3,826 5,000 2,224 0 5,250 ____________

610-5-815-2-6419 DATA PROCESSING EXPENSES 0 525 744 200 430 0 210 ____________


610-5-815-2-6428 PLANT MAINTENANCE 4,544 11,579 13,594 12,000 2,786 0 12,600 ____________

610-5-815-2-6429 DISTRIBUTION/ LINE MAINT 36,753 15,431 26,221 25,000 6,639 0 26,250 ____________


610-5-815-2-6433 TESTING 15,999 17,614 18,015 25,000 10,367 0 26,250 ____________

610-5-815-2-6440 REFUNDS 0 203 0 0 0 0 0 ____________

610-5-815-2-6501 CHEMICALS 6,550 5,624 5,925 7,500 4,250 0 7,875 ____________

610-5-815-2-6504 MINOR EQUIPMENT 2,911 1,409 1,353 4,000 119 0 4,200 ____________

610-5-815-2-6506 OFFICE SUPPLIES 5,080 10,932 8,258 6,000 4,710 0 6,300 ____________

610-5-815-2-6508 POSTAGE & SHIPPING 0 0 0 0 0 0 0 ____________

610-5-815-2-6511 PLANT SUPPLIES - METERS 26,771 25,228 14,230 25,000 4,832 0 26,250 ____________

610-5-815-2-6599 MISC SUPPLIES 1,080 1,167 737 1,300 671 0 1,365 ____________






Sewer

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

CAPITAL OUTLAY


610-5-815-3-6713 CAPITAL OUTLAY-BUILDING 0 0 10,790 0 0 0 10,790 ____________

610-5-815-3-6780 CAPITAL IMP-SEWER UPGRADE 44,535 36,044 0 33,900 0 0 33,900 ____________





DEBT SERVICE

610-5-815-4-6802 SRF - PRINCIPAL 16,000 0 0 0 0 0 0 ____________

610-5-815-4-6857 SRF - INTEREST 480 0 0 0 0 0 0 ____________

610-5-815-4-6860 2013 SWR REV BOND-PRINCIPAL 25,000 475,000 0 0 0 0 0 ____________

610-5-815-4-6861 2013 SWR REV BOND-INTEREST 14,513 14,263 0 0 0 0 0 ____________

610-5-815-4-6862 USDA #1 - PRINCIPAL 0 1,152,623 19,334 19,722 8,124 0 561,235 ____________

610-5-815-4-6863 USDA #1 - INTEREST 0 25,368 22,954 22,566 9,496 0 0 ____________

610-5-815-4-6864 SRF - PRINCIPAL 0 0 0 0 0 0 0 ____________

610-5-815-4-6865 SRF - INTEREST 0 0 0 0 0 0 0 ____________

610-5-815-4-6866 USDA #4 - PRINCIPAL 0 0 0 0 0 0 0 ____________

610-5-815-4-6867 USDA #4 - INTEREST 0 0 9,538 222,525 57,039 0 0 ____________

610-5-815-4-6898 DEBT SERVICE FEES 508 1,000 0 0 0 0 0 ____________

TOTAL DEBT SERVICE 56,501 1,668,254 51,826 264,813 74,659 0 561,235

5-815-4-6862 USDA #1 - PRINCIPAL PERMANENT NOTES:

Using this line temporarily for USDA projects.

5-815-4-6867 USDA #4 - INTEREST PERMANENT NOTES:

$105,447 USDA #4 Interest on Interim Financing (Estimate)

$117,078 USDA #4 (Estimate)

TRANSFERS

610-5-815-4-6914 INTERNAL LOAN 0 0 97,000 0 0 0 0 ____________

610-5-815-5-6924 TRANSFER TO DEBT SERVICE(G.O. 0 0 0 0 0 0 0 ____________

610-5-815-5-6982 CD INVESTMENT ACCT 0 0 0 0 0 0 0 ____________

TOTAL TRANSFERS 0 0 97,000 0 0 0 0

____________________________________________________________________________________________________________________________________________________________

TOTAL Sewer 637,507 2,168,201 721,723 891,481 366,725 0 1,264,193

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 637,507 2,168,201 721,723 891,481 366,725 0 1,264,193

=========== =========== =========== =========== =========== ============ ============ ============


=========== =========== =========== =========== =========== ============ ============ ============

City of Adel, Iowa EXHIBIT 1Storm Water Enterprise FundCash-Basis Cashflow Analysis

Growth AssumptionsOperating Expenses Various 1-Jul-16 $0.00 1-Jul-21 $0.00ESU Growth 0.00% 1-Jul-17 $0.20 1-Jul-22 $0.00Interest Rate n/a 1-Jul-18 $0.20 1-Jul-23 $0.00

1-Jul-19 $0.20 1-Jul-24 $0.001-Jul-20 $0.00 1-Jul-25 n.a



Rates: (Per Month/per ESU)Undeveloped 1 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Developed < 6,000 sq. ft. (Per month) 2 $3.00 $3.00 $3.20 $3.40 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60Developed >= 6,000 sq. ft. (Per ESU) 3 $3.00 $3.00 $3.20 $3.40 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60

CSWI Surcharge 4 $0.00 $0.00 $3.00 $6.00 $6.00 $6.00 $6.00 $6.00 $6.00 $6.00Average No. of Accounts 5 - 1,730 1,855 2,067 2,200 2,215 2,230 2,245 2,260 2,275

Average $$ Per ESU 6 $3.29 $3.07 $2.79 $2.99 $3.19 $3.19 $3.19 $3.19 $3.19 $3.19

Total ESU's 7 32,085 36,330 44,642 47,862 47,862 47,862 47,862 47,862 47,862 47,862

OPERATING REVENUESStorm Water Usage Charge Revenues 8 $105,437 $111,693 $124,565 $143,002 $152,574 $152,574 $152,574 $152,574 $152,574 $152,574

CSWI Surcharge 9 0 110 66,766 148,851 158,400 159,480 160,560 161,640 162,720 163,800Miscellaneous Revenues 10 84 0 0 288 0 0 0 0 0 0

Total Operating Revenues 11 $105,521 $111,803 $191,331 $292,140 $310,974 $312,054 $313,134 $314,214 $315,294 $316,374




Non Operating Revenues (Expenses)Investment Interest 16 $0 $159 $0 $0 $0 $0 $0 $0 $0 $0

Total Other Income 17 $0 $159 $0 $0 $0 $0 $0 $0 $0 $0



Storm Water Revenue Adjustments




1-Jul-19 $0.20 1-Jul-24 $0.001-Jul-20 $0.00 1-Jul-25 n.a






Storm Water Debt ServiceInterim Construction Loan #2 (2, 4, 6, 7) 20 $0 $0 $0 $9,084 $0 $0 $0 $0 $0 $0

2018 USDA Loan (20 Yrs) 21 0 0 0 29,729 118,920 118,920 118,920 118,920 118,920 118,920Reserved 22 0 0 0 0 0 0 0 0 0 0

Total Water Debt 23 $0 $0 $0 $38,813 $118,920 $118,920 $118,920 $118,920 $118,920 $118,920

Debt Service Coverage Debt Coverage Target = 1.10x of annual principal and interest required by the USDA Loan ResolutionNet Revenues/ Revenue Debt 24 N/A N/A N/A 5.37 1.82 1.79 1.76 1.72 1.68 1.65

Net Revenues/Total Debt 25 N/A N/A N/A 5.37 1.82 1.79 1.76 1.72 1.68 1.65


Capital Improvement Projects 27 (4,000) (82,716) (407,841) (642,525) (444,525) (28,000) (28,000) (28,000) (28,000) (28,000)Other cash (uses)/sources 28 1 0 (13,061) 0 0 0 0 0 0 0

Bond Proceeds 29 0 0 457,641 588,569 410,000 0 0 0 0 0Transfers (to)/from General Fund 30 0 0 0 0 0 0 0 0 0 0

Transfers (to)/from USDA Reserve Fund 31 0 0 0 (4,972) (57,488) (1,500) (1,500) (1,500) (1,500) (1,500)Transfers (to)/from Other Funds 32 0 38,240 (101,720) (79,366) 18,008 (39,060) (40,140) (41,220) (42,300) (43,380)

Annual Surplus/ (Deficit) 33 $46,454 ($554) $64,912 $31,261 $23,491 $25,288 $20,324 $15,111 $9,638 $3,891

Beginning Unrestricted Cash Balance 34 $92,282 $138,736 $138,182 $203,094 $234,355 $257,846 $283,134 $303,458 $318,569 $328,207Ending Unrestricted Cash Balance 35 $138,736 $138,182 $203,094 $234,355 $257,846 $283,134 $303,458 $318,569 $328,207 $332,099

Unrestricted Cash % of Expenses 36 252% 203% 331% 280% 273% 285% 291% 291% 286% 275%




1-Jul-19 $0.20 1-Jul-24 $0.001-Jul-20 $0.00 1-Jul-25 n.a





DESIGNATED/RESTRICTED FUNDSSinking Fund 37 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

USDA Reserve Fund 38 0 0 0 3,472 59,460 59,460 59,460 59,460 59,460 59,460USDA Short-Lived Asset Reserve Fund 39 0 0 0 1,500 3,000 4,500 6,000 7,500 9,000 10,500

CSWI Surcharge Fund 40 0 0 64,980 152,712 134,704 173,764 213,904 255,124 297,424 340,804Storm Water Improvement Fund 41 50,902 12,662 49,402 41,036 41,036 41,036 41,036 41,036 41,036 41,036

Total Restricted Cash 42 $50,902 $12,662 $114,382 $198,720 $238,200 $278,760 $320,400 $363,120 $406,920 $451,800

Total Cash 43 $189,638 $150,844 $317,476 $433,075 $496,046 $561,894 $623,858 $681,689 $735,127 $783,899

Capital Improvement PlanOperating Capital Outlays $34,525 $28,000 $28,000 $28,000 $28,000 $28,000

N. 15th Storm Sewer Improvement Project 410,000 0 0 0 0 0Reserved 0 0 0 0 0 0

Total $444,525 $28,000 $28,000 $28,000 $28,000 $28,000


City of Adel, Iowa EXHIBIT 2Storm Water Enterprise FundOperational Expenses

Unaudited Budget ExpenseFY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25 Growth

PersonalFull Time Wages $5,601 $7,451 $7,639 $10,823 $13,509 $14,184 $14,894 $15,638 $16,420 $17,241 5%Part Time Wages 9,538 6,782 7,440 7,631 5,033 5,285 5,549 5,826 6,118 6,424 5%

FICA 1,125 1,035 1,096 1,372 1,419 1,490 1,564 1,643 1,725 1,811 5%IPERS 1,362 1,271 1,347 1,741 1,743 1,830 1,922 2,018 2,119 2,225 5%

Flex Plan TPA 0 0 0 4 6 6 7 7 7 8 5%HRA Reimbursement 0 0 0 219 800 840 882 926 972 1,021 5%

HRA Plan TPA 0 0 0 15 11 12 12 13 13 14 5%Medical & Dental Ins 0 0 0 2,102 2,193 2,303 2,418 2,539 2,666 2,799 5%Life & Disability Ins 0 0 0 97 103 108 114 119 125 131 5%

Work Comp Ins 0 0 0 622 794 834 875 919 965 1,013 5%Dues, Memberships & Subscriptions 1,563 465 822 749 1,444 1,516 1,592 1,672 1,755 1,843 5%

Education & Training 344 247 60 779 368 386 406 426 447 470 5%Total Personal Services $19,533 $17,252 $18,404 $26,154 $27,423 $28,794 $30,234 $31,746 $33,333 $34,999

Services and CommoditiesVehicle Fuel, Oil & Lubricant $821 $1,235 $874 $1,401 $1,800 $1,890 $1,985 $2,084 $2,188 $2,297 5%

Vehicle Equip & Radio Maint. 236 2,858 1,649 4,759 3,000 3,150 3,308 3,473 3,647 3,829 5%Utilities 0 0 0 0 0 0 0 0 0 0 5%

Telephone/Radio 1,161 168 381 280 360 378 397 417 438 459 5%Professional Fees 7,491 7,442 14,366 3,167 7,875 8,269 8,682 9,116 9,572 10,051 5%

Insurance 0 0 0 0 0 0 0 0 0 0 5%Street Sweeping 1,045 1,027 1,762 3,632 4,200 4,410 4,631 4,862 5,105 5,360 5%

Sales Tax 0 0 0 0 0 0 0 0 0 0 5%Data Processing 0 0 512 192 0 0 0 0 0 0 5%

Building & Grounds Maint. 0 0 0 3,307 0 0 0 0 0 0 5%Line Maint. 13,639 3,419 3,823 8,440 7,500 7,875 8,269 8,682 9,116 9,572 5%

Service & Maint. Agreements 9,107 11,373 12,510 10,373 16,800 17,640 18,522 19,448 20,421 21,442 5%Testing 0 99 0 0 100 105 110 116 122 128 5%

Refunds 0 0 0 0 0 0 0 0 0 0 5%Chemicals 0 325 0 0 500 525 551 579 608 638 5%

Minor Equipment 121 1,011 0 1,336 2,500 2,625 2,756 2,894 3,039 3,191 5%Office Supplies 459 1,108 2,661 377 1,000 1,050 1,103 1,158 1,216 1,276 5%

SWU Intake Repairs 165 20,000 1,875 20,067 20,000 21,000 22,050 23,153 24,310 25,526 5%Misc. 1,290 722 722 286 1,500 1,575 1,654 1,736 1,823 1,914 5%

Total Services and Commodities $35,535 $50,788 $41,135 $57,617 $67,135 $70,492 $74,016 $77,717 $81,603 $85,683

Capital OutlayVehicle Equip $4,000 $0 $0 $23,290 $13,000 $3,000 $3,000 $3,000 $3,000 $3,000SWU Upgrade 0 44,476 0 0 0 0 0 0 0 0

Building 0 0 0 0 0 0 0 0 0 0Miscellaneous 0 0 0 0 21,525 25,000 25,000 25,000 25,000 25,000

Total Capital Outlay $4,000 $44,476 $0 $23,290 $34,525 $28,000 $28,000 $28,000 $28,000 $28,000

Subtotal $59,068 $112,516 $59,539 $107,062 $129,083 $127,286 $132,250 $137,463 $142,936 $148,683

Total Operating Expenses $55,068 $68,040 $59,539 $83,772 $94,558 $99,286 $104,250 $109,463 $114,936 $120,683

Internal-Audit Adjustments 0 0 1,899 0 0 0 0 0 0 0

Audit Report Totals $55,068 $68,040 $61,438 $83,772 $94,558 $99,286 $104,250 $109,463 $114,936 $120,683






615-STORM WATER UTILITY * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

STORM WATER UTILITY

===================


615-4-820-4-4301 CD INVESTMENT ACCT 159 0 0 0 0 0 0 ____________



615-4-820-1-4510 SWU SERVICE FEE 111,693 124,566 143,002 139,097 89,692 0 152,574 ____________

615-4-820-1-4550 CSWI SURCHARGE 110 66,766 148,851 135,692 90,858 0 159,480 ____________

615-4-820-4-4542 SWU - TRANSFERS IN 0 0 0 0 0 0 0 ____________


4-820-1-4510 SWU SERVICE FEE PERMANENT NOTES:

Of the surplus in this fund, $1,500 will be placed into the

short-lived asset reserve (per USDA requirements), $5,952

will be placed into the debt service reserve (per USDA

requirements), and $9,320 will be placed into the CSWI

reserve


615-4-820-2-4716 MISC REFUND - LINE REPAIRS 0 0 288 0 450 0 0 ____________



615-4-820-4-4820 PROCEEDS OF DEBT 0 0 1,012,321 0 0 0 0 ____________

615-4-820-4-4860 TRANSFER-ST SEWER PROJ 0 0 0 0 50,902 0 0 ____________

615-4-820-4-4862 FUND BALANCE SURPLUS APPLIED 0 0 0 0 0 0 0 ____________

TOTAL OTHER FINANCING SOURCES 0 0 1,012,321 0 50,902 0 0

_______________________________________________________________________________________________________________________________________________________

TOTAL STORM WATER UTILITY 111,962 191,331 1,304,460 274,789 231,902 0 312,054

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 111,962 191,331 1,304,460 274,789 231,902 0 312,054





STORM WATER UTILITY

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

PERSONAL SERVICES

615-5-820-1-6010 FULL TIME WAGES 7,451 7,639 10,823 13,509 8,830 0 18,647 ____________

615-5-820-1-6020 PART TIME WAGES 6,782 7,440 7,631 5,033 2,582 0 0 ____________

615-5-820-1-6110 CITY'S CONTRIBUTION FICA 1,035 1,096 1,372 1,419 853 0 1,428 ____________

615-5-820-1-6120 CITY'S CONTRIBUTION IPERS 1,271 1,347 1,741 1,743 1,077 0 1,760 ____________

615-5-820-1-6146 FLEX PLAN TPA 0 0 4 6 2 0 10 ____________

615-5-820-1-6148 HRA REIMBURSEMENT 0 0 219 800 15 0 1,525 ____________

615-5-820-1-6149 HRA PLAN TPA 0 0 15 11 10 0 20 ____________

615-5-820-1-6150 MEDICAL AND DENTAL INSURANCE 0 0 2,102 2,193 1,364 0 4,672 ____________

615-5-820-1-6151 LIFE & DISABILITY INS 0 0 97 103 53 0 149 ____________

615-5-820-1-6160 WORK COMP INSURANCE 0 0 622 794 0 0 768 ____________

615-5-820-1-6210 DUES, MEMBERSHIPS & SUBSCRIPT 465 822 749 1,444 409 0 1,444 ____________




615-5-820-2-6331 VEHICLE FUEL, OIL & LUBRICANT 1,235 874 1,401 1,800 1,810 0 1,890 ____________

615-5-820-2-6332 VEHICLE EQUIP & RADIO MAINT 2,858 1,649 4,759 3,000 2,252 0 3,150 ____________

615-5-820-2-6371 UTILITIES 0 0 0 0 0 0 0 ____________

615-5-820-2-6373 TELEPHONE / RADIO 168 381 280 360 169 0 378 ____________

615-5-820-2-6407 PROFESSIONAL FEES 7,442 14,366 3,167 7,875 2,253 0 8,269 ____________

615-5-820-2-6408 INSURANCE 0 0 0 0 0 0 0 ____________

615-5-820-2-6417 STREET SWEEPING 1,027 1,762 3,632 4,200 2,383 0 4,410 ____________

615-5-820-2-6418 SALES TAX 0 0 0 0 0 0 0 ____________


615-5-820-2-6426 BUILDING & GROUNDS MAINTENANC 0 120 3,307 0 125 0 0 ____________

615-5-820-2-6429 LINE MAINTENANCE 3,419 3,823 8,440 7,500 765 0 7,875 ____________


615-5-820-2-6433 TESTING 99 0 0 100 0 0 105 ____________

615-5-820-2-6440 REFUNDS 0 0 0 0 0 0 0 ____________

615-5-820-2-6501 CHEMICALS 325 0 0 500 0 0 525 ____________

615-5-820-2-6504 MINOR EQUIPMENT 1,011 0 1,336 2,500 0 0 2,625 ____________

615-5-820-2-6506 OFFICE SUPPLIES 1,108 2,661 377 1,000 25 0 1,050 ____________

615-5-820-2-6511 SWU INTAKE REPAIRS 20,000 1,875 20,067 20,000 13,000 0 21,000 ____________

615-5-820-2-6599 MISCELLANEOUS 722 722 286 1,500 217 0 1,575 ____________


CAPITAL OUTLAY

615-5-820-3-6711 CAPITAL OUTLAY-VEHICLE/EQUIP 0 0 23,290 13,000 11,257 0 20,625 ____________

615-5-820-3-6780 CAP IMP SWU UPGRADE 44,476 0 0 21,525 0 0 21,525 ____________

615-5-820-3-6790 CAPITAL OUTLAY-INFRASTRUCTURE 0 0 0 0 0 0 0 ____________

615-5-820-5-6715 CAPITAL OUTLAY-BLDG 0 0 0 0 0 0 0 ____________

615-5-820-5-6720 CAPITAL OUTLAY-VEHICLE/EQUIP 0 0 0 0 0 0 0 ____________

TOTAL CAPITAL OUTLAY 44,476 0 23,290 34,525 11,257 0 42,150






STORM WATER UTILITY

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________


7.5% of $35,000 Kubota Replacement

DEBT SERVICE

615-5-820-4-6802 SWU - PRINCIPAL 0 0 0 0 0 0 0 ____________

615-5-820-4-6803 USDA #2 - PRINCIPAL 0 0 1,054,048 0 13,657 0 0 ____________

615-5-820-4-6857 SWU - INTEREST 0 0 0 0 0 0 0 ____________

615-5-820-4-6858 USDA #2 - INTEREST 0 1,899 19,392 118,920 11,118 0 118,920 ____________

615-5-820-4-6898 SWU - SERVICE FEE 0 0 0 0 0 0 0 ____________

615-5-820-4-6899 DEBT SERVICE FEES 0 0 0 0 0 0 0 ____________

TOTAL DEBT SERVICE 0 1,899 1,073,439 118,920 24,775 0 118,920

5-820-4-6858 USDA #2 - INTEREST PERMANENT NOTES:

Pay USDA #2 Over 20 Years

TRANSFERS

615-5-820-5-6924 TRANSFER TO DEBT SERVICE (GO) 0 0 0 0 0 0 0 ____________

615-5-820-5-6982 CD INVESTMENT ACCOUNT 0 0 0 0 0 0 0 ____________


____________________________________________________________________________________________________________________________________________________________

TOTAL STORM WATER UTILITY 112,516 61,438 1,180,501 248,003 85,734 0 262,485

____________________________________________________________________________________________________________________________________________________________

TOTAL EXPENDITURES 112,516 61,438 1,180,501 248,003 85,734 0 262,485

=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 554) 129,894 123,959 26,786 146,168 0 49,569

=========== =========== =========== =========== =========== ============ ============ ============




670-GARBAGE/RECYCLING UTILITY * * * FIRST DRAFT * * *

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________

Garbage

=======


670-4-840-4-4301 C.D./PUBLIC FUNDS INTEREST 0 0 0 0 0 0 0 ____________



670-4-840-1-4512 GARBAGE PICKUP & PER CAPITA C 213,043 233,711 258,041 288,000 165,830 0 300,000 ____________

670-4-840-1-4513 RECYCLE FEE COLLECTIONS 73,780 79,879 88,531 94,000 55,823 0 98,000 ____________


_______________________________________________________________________________________________________________________________________________________

TOTAL Garbage 286,823 313,591 346,573 382,000 221,652 0 398,000

____________________________________________________________________________________________________________________________________________________________

TOTAL REVENUES 286,823 313,591 346,573 382,000 221,652 0 398,000




670-GARBAGE/RECYCLING UTILITY * * * FIRST DRAFT * * *

Garbage

(-------------- 2019-2020 ---------------)(------- 2020-2021 --------)



____________________________________________________________________________________________________________________________________________________________



670-5-840-2-6441 GARBAGE PICKUP 193,189 211,402 238,800 274,000 155,230 0 279,000 ____________

670-5-840-2-6442 RECYCLING FEE 65,082 70,050 78,770 87,000 50,320 0 88,000 ____________

670-5-840-2-6443 PER CAPITA FEES 15,912 15,216 14,586 16,000 15,810 0 27,000 ____________


TRANSFERS

670-5-840-5-6910 TRANSFERS 20,000 10,000 15,000 15,000 0 0 15,000 ____________

TOTAL TRANSFERS 20,000 10,000 15,000 15,000 0 0 15,000

5-840-5-6910 TRANSFERS PERMANENT NOTES:

Transfer to general for operating expenditures

____________________________________________________________________________________________________________________________________________________________

TOTAL Garbage 294,183 307,060 347,348 392,000 221,552 0 409,000

____________________________________________________________________________________________________________________________________________________________


=========== =========== =========== =========== =========== ============ ============ ============

REVENUE OVER/(UNDER) EXPENDITURES ( 7,360) 6,531 ( 775) ( 10,000) 100 0 ( 11,000)

=========== =========== =========== =========== =========== ============ ============ ============

Adel Esfima!ed Expenses • Capi1al Projects Fiscal Year 2020-2021

S1ormwa1er Utility Project --- Engineering Stormwater Utility • Section 5 S20,000

Totals $20,000

Waler l,!!llity Proj~ ----

-f!l9il)!!_ring Water Utility Phase 2 $440,000

Weter T reotment Plant Improvements

High Service Pumping Station Ground Storage Reservoir

High Zone Water Main Totals $440,000

S~r Utility Projects Engineering Wastewater Treatment Plant Improvements $480,000

Totals $480,000

Streels Projects Engineering 2020 Adel Street Resurfacing $40,000 HWY 169 Proiect $397,000

Totals S437,000

Adel Estimated Expenses - capital Projects.xlsx

l.egal/Adminisfrafive Constniclion Total Notes t n t7 Af'I nnn • v • , vv,vvv S200,000 Design wi ll occur prior to 07/01/ 2020. Assumes oil construction expenses after 07/01/2020. $0

Legal/Adminimttve $20,000

. . - - - - - S200,000 $ 180,000

Constnicli~n $8,000,000

~I $8,460,000

--------------------------$20,000 $8,000,000 $8,460,000

Legal/ Admin_i!lrative Cons1rucliJ1!l...-- Total

Noles

Estimates that construction is 80% complete by 6/30/2020 Estimates that construction is 20% complete by 6/30/2020 Estimates that oil construction occurs in FY21

Estimates that all construction occurs in FY21

Notes t?() ()()() tQ l?/1()()/1 ~,Lu,vvu ~7, 1 4v,uuv $9,620,000 Estimates construction commences 4/2020 and is completed 12/ 2021. ~:.w,uuu W, \ :lU,UUU •.. ... •. . .. ... $9,620,000

legal/ Adminisfrafive Constniclion Total Notes $0 $150,000 $ 190,000 Construction is anticipated to be complete prior to end of FY20/21

~'.'.~ ()()() t l 71()()()() ..i-.1-.1,uvv -8 , ,, , v,uv.., $2,142,000 Assumes design in foll of 2020 and start construction 2021 $35,000 $ 1,860,000 •. . . . . • . . . . . . . 52,332,000

Greater Dallas County e lopment Alliance

Januaty 20, 2020

Anthony Brown, City Administrator City of Adel 301 S 10th Street, P.O. Box 248 Adel, Iowa 50003

Dear Anthony,

9325 Bishop Drive, Suite l 05 West Des Moines, IA 50266

Phone: 515.987.2020

lwu nsch@dallascounty-ia .org www.dallascounty-ia .org

The Greater Dallas County Development Alliance would like to thank you for your past and continued support. Your partnership helps to ensure the greater Dallas County region will continue to attract new high quality jobs and investment while maintaining and strengthening the existing business climate. In this upcoming New Year, the Alliance is focusing on partnering with all Dallas County communities to make our efforts in economic development impactful for the entire county. We feel that we can be most successful when all communities are active and involved in our program of work.

The Alliance is continuing work to be a pioneer and innovator in the economic development world, one example being the completion of now four certified sites in Dallas County; Dexter, Van Meter, Woodard & Perry. The Alliance was the architect of a new site certification process that is the first in the state and the region; Sustainable Business Park. This was implemented to assist cities that would like to have a certified site in the category of office park and mixed development, while implementing sustainable philosophies. Continuous suppmt is provided to our communities through grant writing services that have had a significant impact on leveraging funds to allow projects to be completed in difficult economic times. The Alliance has submitted grant applications that have leveraged over $35 million in successful RISE grant funds and had an impact in eleven of the communities we serve.

The GDCDA has also stepped up community development efforts by actively patticipating in local economic development groups and collaborating with them to be successful now and in the future. We continue to offer several programs for city officials and will create education sessions based on any topic our members request.

Suppo1t of The Alliance is based upon a formula of a per capita basis using the US Census Bureau 2010 population information, which is $2.50 per Dallas County resident. Dues for the City of Adel will be $9,205.00. We respectfully request to be included in your anmial budget consideration for the 2020-2021 FY.

The Alliance pledges to continue promoting and utilizing the economic development resources at our disposal to make a positive impact on the region. We appreciate your past and continued support and look forward to your continued membership.

Sincerely,

~~ Linda Wunsch, CEcD, EDFP, LEED® AP Executive Director Greater Dallas County Development Alliance

CC: via e-mail Mayor, Council Members

Dallas County, IA - Growing Your Sustainable Future

Anthony Brown

From: Sent: To: Subject: Attachments:

Julia Castillo <[email protected]> Wednesday, January 8, 2020 10:43 AM Anthony Brown Request for Funding Adel.pd/

The HIRTA Board, which is comprised of county supervisors, one from each of our 7-county region, voted to send the attached letter (and tax levy information) requesting financial assistance for HIRTA operations. This request is being sent to cities within our service region, and the funding received will be dedicated to services within your specific city.

In FY2019 HIRTA served 135 individuals and provided 4,533 trips in the city of Adel.

Please let me know if you have any questions or need more information.

Thank you -

Julia Castillo Executive Director 515-309-9281

Orhe Bus You Trust

HIRTA Public Transit 2824 104th Street Urbandale, IA 50322 www.ridehirta.com Schedule and Manage your trips with our Amble App Click HERE

1

!Heart of Iowa Regional Transit Agency HIRTA Public Transit

Boone, Da lla s, Ja spe r, M a dison, Marion, Sto ry, and Warre n Counties

City of Adel Anthony Brown, City Administrator P.O. Box248 Adel, IA 50003

January 6, 2020

Dear: Anthony Brown

HIRTA Public Transit Request for FY2021 Funding

HIRTA Public Transit has been providing affordable transit services to your residents for over 35 years, and we have never requested any funding from the City for this service. However, in FY2018, Iowa Medicaid Enterprise (IME) made a decision to no longer directly fund public transit agencies, which cut our revenue source by $900,000. We tried to maintain service levels without requesting additional funds or increasing fares to the vulnerable populations we serve, and in doing so we exhausted our $1.5 million reserve. We already receive Federal, State and County funding, however it is not enough, especially as we see transit needs increase.

We are striving to keep our current service levels, which is why we are requesting communities in our region contribute $2.00 per capita to HIRTA to provide transit services within the city. If this amount is not available from your general fund, there is the option of a tax levy, which would generate funding for our public transit services. For example, a .0025 levy (two and one-quarter percent of a penny per $1,000) on $150,000 of taxable valualion would produce $3. 75 in revenue to help HIRT A deliver services to your residents. More information on this option is attached.

HIRTA serves the most vulnerable populations within your city, being the elderly, those with disabilities, financially insecure, limited English speaking and children. Without additional funding we will be forced to reduce services in your city, which will affect the freedom, independence and security of the people who don't have other means to move around. Lack of transportation creates barriers to medical appointments, work, school/head-start, shopping or other services to keep people active, healthy and vital to the community.

Your support, will help keep us operating within your city, providing this important and necessary service to your residents.

If you want more details or would like to have a HIRTA representative attend a City Council meeting to discuss this need in more detail, please don't hesitate to get in touch.

Thank you for your consideration.

Sincerely, JLMM/v ~

Julia Castillo, Executive Director HIRTA Public Transit

cc: County Supervisor

Toll free: 1-877-686-0 029 o Fax: 515-777-2745 o 2824 10 4t h Street, Urba nda le, IA 50322 • w ww.rid e hi rt a.com

Resolution No. 20-08

A RESOLUTION SETTING A PUBLIC HEARING DATE FOR FEBRUARY 11, 2020 FOR A RESOLUTION RELATING TO THE TOTAL MAXIMUM

PROPERTY TAX DOLLARS FOR FY20-21

WHEREAS, Senate File 634 was approved on May 23, 2019, which aims to further notify the public about property tax changes; and

WHEREAS, this process requires a new public notice process, which includes a separate public hearing and resolution approving the maximum property tax dollars that may be levied for the affected levies during Fiscal Year 2020-2021.

NOW THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF ADEL, IOWA, that the council conduct a public hearing on the maximum prope1ty tax dollars for FY20-21 on the 11th day ofFebruaty, 2020 at 6:00 p.m. in the Adel Public Library, 303 South 10th Street, Adel, IA, 50003, and that notice of said hearing be published according the Code of Iowa.

Passed and approved this 27th day of Januaiy, 2020.

James F. Peters, Mayor

Attest: ~------------Angela Leopard, City Clerk

DR-AFT CITY NAME

Adel NOTICE OF PUBLIC HEARING -PROPOSED PROPERTY TAX LEVY

Fiscal Year July 1, 2020 - June 30, 2021 The Cit Council will conduct a osed Fiscal Year Cit ro ert tax lev as follows:

Meeting Date: Meeting Location: . 2/iii:fo20 . .. ~:fo. ,in. Adel Ci 1-iall,:JO]S 10thStr~~i.Adel;IA5()()()3

At the public hearing any resident or taxpayer may present objections to, or arguments in favor of the proposed tax levy. After adoption of the proposed tax levy, the Council will publish notice and hold a hearing on the proposed city budget.

City Web Site (if available): -· ·· -- -- ·age1JOW~jfrQ

Regular Taxable Valuation

Tax Levies: Regular General

Contract for Use of Bridge

Opr & Maint Publicly Owned Transit

Rent, Ins. Maint. Of Non~Owned Civ. Ctr.

Opr & Maint of City-Owned Civic Center

Planning a Sanitary Disposal Project

Liability, Property & Self-Insurance Costs

Support of Local Erner. Mgmt. Commission

Emergency

Police & Fire Retirement

FICA& !PERS Other Employee Benefits

2

Current Year Certified Property

Tax

2019/2020 141,908,535

City Telephone Number: ~-·· - /5T5)llf/3,45;15

Budget Year Effective Property

Tax

2020/2021 .. 148,007,927

Budget Year Proposed

Maximum Property Tax

2020/2021 148,007,927

31---------'E-.J--,,,~7"',,..__--'ccc+B-+'8B-+'+I 4

51-=--,,"'r---ft~tr--+----;;;;ci-BBB=-+'+i

61-'+-J----+'"--.l~o'+-----~+~s_,;;:_,;;:+"l 7 $0 8 $48,121 g $0

10 $38,315 11 $0 12 $181,618 13 $322,205

*Total 384.15A Maximum Tax Levy 14

Calculated 384.15A MaximumTax Rate 15 $1,739,718 $12.25943

$1,739,718 $11.75422

$1,866,759 $12.61257

~Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy

**Budget year effective property tax rate is the rate that would be assessed for these levies if the do!!ars requested is not changed in the coming budget year

CITY CODE

25-228

Annual

%CHG

7.30%

I

. -I'

adel, iowa

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