HomeMy Public PortalAboutResolution 2021-57, A Resolution Approving and Adopting the Annual City Street Financial Report from July 1, 2020 to June 30, 2021 for the Iowa Department of TransportationRESOLUTION 2021-57
A RESOLUTION APPROVING AND ADOPTING THE ANNUAL CITY STREET FINANCIAL REPORT
FROM JULY 1, 2020 TO JUNE 30, 2021 FOR THE IOWA DEPARTMENT OF TRANSPORTATION
WHEREAS, the City Council of the City of Riverdale ("City") acknowledges that it is the
recipient of State of Iowa Road Use Tax Funds for use in maintaining its roads and
streets, pursuant to the Iowa Code Chapter 312; and,
WHEREAS, the City is annually required to prepare and file a City Street Financial Report
showing receipts, uses and balances; and,
WHEREAS, the Deputy City Clerk has prepared the online filing of said report (ref.
Attachment "A") and upon approval by the City Council, will file it electronically under
this Resolution number.
NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF RIVERDALE,
SCOTT COUNTY, IN THE STATE OF IOWA:
That the City Council does hereby approve and adopt this annual report effective with
the passage and approval of this Resolution.
Passed and approved this 23rd day of November, 2021.
APPROVED
Michael Bawden, Mayor
ATTEST
Katie Enl e, Deputy City Clerk
DOT
Bureau of Local Systems
A mes, IA 50010
Salaries - Roads/Streets
Bene fits - Roads/Streets
Building & Grounds M aint.
& Repair
Vehicle & Office Equip
Operation and Re pair
Street Lights
Other M aintenance and
Repair
Other Professional
Services
Other Contract Services
Principal Payment
Interest Payment
Bond Registration Fees
Transfer Out
Snow Removal
Street Cleaning
Total
$8,415
$1,419
$7,223
$11
$5,966
$4,346
$2,423
$238,266
$65,094
$4,000
City Street Finance Report
$203
$385
Exp enses
$305,000
$11,712
$165,000
$15,071
$1,000
$158,291
4,33/,163 $180,659
Page 1 of 6
$317,712
Fiscal Ye ar 2021
Riverdale
11/16/2021 2:05:24 PM
i
$8,618
$1,804
$7,223
$11
$5,966
$4,346
$2,423
$158,291
$305,000
$11,712
$1,000
$403,266
$80,165
$4 .000
$158,291 $993,825
DOT
Bureau of Local Systems
Ames, IA 50010
Levied on Property
Interest
State Revenues - Road
Use Taxes
Charges/fees
Transfer In
Tota l
City Street Finance Rep ort
$337,163
Revenue
Roar; Ofher
Special
$645
$60,613
$61,258
$0
Debt
S ervice
(200)
$322,299
Fiscal Year 2021
Riverdale
11/16/2021 2:05:24 PM
Pa ge 2 of 6
$0
$645
$0
$403,266 $403,266
$322,299
$403,266
$0
$1,123,986
Bureau of Local Systems
Ames, IA 50010
City Street Finance Rep ort
B onds/Loans
Bond/Loan
Description
General Obligation -
Street Improvements
General O bligation -
Street Improvements
Principal
Balance
As of 7/1
$150,000
Total
Principal
Paid
$230,000
$75,000
-fet al
Interest
Paid
$0
$11,712
Page 3 of 6
$230,000
$75,000
$0
$11,712
Fiscal Year 2021
Riverdale
11/16/2021 2:05:24 PM
$0
$75,000
Bureau of Local Systems
Ames, IA 50010
City Street Finance Report
Equipment
Page 4 of 6
Fiscal Year 2021
Riverdale
11/16/2021 2:05:24 PM
City Street Fi nance Rep ort
Bureau of Local Systems
Ames, IA 50010
Street Projects
Page 5of6
Fiscal Year 2021
Riverdale
11/16/2021 2:05:24 PM
Bureau of Local Systems
Ames, IA 50010
Begining Balance
SubTotal Expenses (-)
Transfers O ut (-)
Subtotal Revenues (+)
Transfers In (+)
Ending Balance
$0
$98,897
$337,163
$0
City Street Finance Report
$194,818
$15,659
$61,258
$75,417
Summary
$51,098
$0
$51,098
Debt
Service
(200)
$62,027
$317,712
$322,299
$66,614
c
Projects
(300)
($244 ,975)
$158,291
$403,266
$0
Resolution Number: 2021-57
Execution Date: Tuesday, Nov ember 23, 2021
Signature: Katie J Enloe
Page 6 of 6
Fiscal Year 2021
Riverdale
11/16/2021 2:05:24 PM
$0
$0
$0
$62,968
$590,559
$403,266
$720,720
$403,266
$193,129