HomeMy WebLinkAbout2017-01-19 Info PacketCITY COUNCIL INFORMATION PACKET
CITY OF IOWA CITY
www.icgov.org January 19, 2017
IP1 Council Tentative Meeting Schedule
MISCELLANEOUS
IP2 Memo from Finance Director: Quarterly Financial Summary Period Ending December 31,
2016
I123 Memo from Finance Director: Long-term Debt Disclosure Report
IN Report from Senior Accountant: Quarterly Investment Report (October 1, 2016 —
December 31, 2016
I125 Memo from Equity Director: Social Justice & Racial Equity Fourth Quarter Update for
2016
I136 Letter from Mediacom: Channel Adjustment
DRAFT MINUTES
IP7 Airport Commission: December 15
IP8 Housing & Community Development Commission: December 15
IP9 Human Rights Commission: January 17
CITY OF IOWA CITY
Date
Monday, January 30, 2017
01-19-17
City Council Tentative Meeting Schedule IPI
Subject to change
Time Meeting
4:00 PM Reception
4:30 PM Joint Entities Meeting
January 19, 2017
Location
Penn Elementary
230 N. Dubuque, NL
Tuesday, January 31, 2017
5:00 PM
Special Council Work Session
Emma J.
Harvat Hall
Tuesday, February 7, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, February 21, 2017
5:00 PM
Iowa City Conference Board Mtg.
Emma J.
Harvat Hall
Work Session
7:00 PM
Formal Meeting
Tuesday, March 7, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, March 21, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, April 4, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, April 18, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, May 2, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
Tuesday, May 16, 2017
5:00 PM
Work Session
Emma J.
Harvat Hall
7:00 PM
Formal Meeting
01-19-17
�.® CITY OF IOWA CITY 1P2
MEMORANDUM
Date: January 17, 2017
To: City Manager, City Council
From: Dennis Bockenstedt, Finance Director
Re: Quarterly Financial Summary for Period Ending December 31, 2016
Introduction
Attached to this memorandum are the City's quarterly financial reports as of December 31,
2016. The quarterly financial report includes combined summaries of all fund balances,
revenues, and expenditures for fiscal year 2017 through the end of the second quarter, which is
50% of the way through the fiscal year. Below are some of the highlights from of the City's
financial activity.
Revenue Analysis
This revenue analysis pertains to the revenue reports, Revenues by Fund and Revenues by
Type, on pages 4-6. In these two reports, the actual revenues would ideally be near 50% of
budget since we have completed one-half of the fiscal year; however, due to accruals back to
the previous year, many of these percentages are below 50%.
A few examples of revenues that are below the 50% mark due to accruals include Hotel/Motel
Taxes at 32.2% and Utility Franchise Taxes at 32.5% under Other City Taxes on page 5. Both
of these revenue sources are received quarterly, and each had the first receipt during the fiscal
year accrued back to last fiscal year. The report appears as if these revenues are behind
budget projections; however, these two revenue sources are actually ahead of last year. The
utility enterprise fund service charges have a similar presentation.
The City's utility enterprise fund service charges under Charges for Fees and Services on page
5 are monthly service charges that are also impacted by revenue accruals. For instance, the
Water Charges are at 48.3%, the Wastewater Charges are at 45.5%, and the Refuse Charges
are at 42.9%. These revenues are under the 50% benchmark due to the accrual of revenues
back to last fiscal year, but they are still on target to achieve their annual budget projections.
Other individual revenue sources worth noting (on page 5) include: Construction Permit &
Inspection Fees are at 100.9% and Building & Development fees are at 101.1%. due to
substantial building activity this fall. Operating Grants revenue is at 119.7% due to the receipt of
Invest Health grant funds and Library Open Access funds, and Disaster Assistance revenue is
at 192.6% due to the receipt of the State's cost share of prior year disasters. Interest income
(on page 6) is at -2.2% due to the method of accruing and allocating interest to the prior year
which should correct itself later in the year.
The combined total actual revenues for all budgetary funds through December are $99,323,507
or 48.2% of budget. Overall, the City's revenues are not substantially different than projected,
and the anomalies and budget variances can be explained.
Expenditure Analysis
This expenditure analysis pertains to the expenditure reports, Expenditures by Fund and
Expenditures by Fund by Department on pages 7-9. The analysis of the City's expenditures for
fiscal year 2017 through December is similar to the analysis for the City's revenues. We
generally expect the actual expenditure levels to be around 50% of budget at this time of year.
Some funds have expenditure activity through the second quarter that differs significantly from
the 50% mark. The following funds have a significant expenditure variance above or below
50%:
• HOME Fund expenditures are at 5.0% due to the timing of the payout of loans and
grants to applicants.
• Debt Service Fund expenditures are at 24.7%, because the general obligation bond
principal payments are not due until June 1.
• Mass Transit Fund expenditures are at 29.5%, because bus purchases totaling $3.455
million have not occurred yet.
• Airport Fund expenditures are at 123.3%, because the City purchased the FBO hangar
building for $250,000 earlier this year.
• Governmental Projects expenditures are at 18.4% and Enterprise Projects expenditures
are at 9.6% because many of the capital projects are scheduled for construction this
spring.
Overall, the combined total actual expenditures for all budgetary funds through December are
$98,757,318 or 37.4% of budget. Overall, the City's expenditures through the second quarter
have a few major anomalies; however, these can be readily explained.
Conclusion
Generally, there are no major concerns to report with the City's fund balances at the end of
December. One fund, the Community Development Block Grant (CDBG) Fund, is presented
(on page 3) with negative fund balance at -$35,085. This negative fund balance should be
reversed following the next receipt of CDBG funds. The other fund balances appear to be near
expectations. Additional information is available from the Finance Department upon request.
E
City of Iowa City
Fund Summary
Fiscal Year 2017 through December 31, 2016
Debt Service Fund
Beginning
Ending
Restricted,
Unassigned
Fund
Year -to -Date
Transfers
Year -to -Date
Transfers
Fund
Committed,
Fund
1,365,118
Balance
Revenues
In
Expenditures
Out
Balance
Assigned
Balance
Budgetary Funds
6001 Perpetual Care
116,266
(146)
-
-
General Fund
116,120
-
116,120
Enterprise Funds
10" General Fund
$ 48,135,654
$ 25,539,401
$ 4,644,126
$ 24,769,057
$ 5,759,025
$ 47,791,099
$ 21,471,819
$ 26,319,279
Special Revenue Funds
1,485,191
114,182
11,908,835
5,885,583
6,023,252
715' Mass Transit
5,455,387
2100 Community Dev Block Grai
448,892
245,918
-
648,844
81,051
(35,085)
-
(35,085)
2110 HOME
-
104,863
-
39,859
-
65,004
-
65,004
2200 Road Use Tax Fund
5,767,142
3,981,144
165,300
2,517,657
1,210,166
6,185,762
-
6,185,762
2300 Other Shared Revenue
152,415
365,910
-
394,406
-
123,918
-
123,918
2350 Metro Planning Ong of J.C.
302,423
112,120
134,128
288,227
-
260,444
-
260,444
2400 Employee Benefits
1,670,848
5,763,312
-
492,697
4,713,016
2,228,447
-
2,228,447
2500 Affordable Housing Fund
1,000,000
898
-
500,000
35,824
465,074
-
465,074
2510 Peninsula Apartments
124,888
38,034
-
24,878
-
138,044
-
138,044
26" Tax Increment Financing
239,487
1,060,192
-
-
-
1,299,679
236,684
1,062,995
2820 SSMID-Downtown District
-
145,879
-
89,685
-
56,195
-
56,195
Debt Service Fund
5"' Debt Service
6,000,281
7,464,459
2,950
3,815,723
-
9,651,967
1,365,118
8,286,849
Permanent Funds
6001 Perpetual Care
116,266
(146)
-
-
-
116,120
-
116,120
Enterprise Funds
710' Parking
10,742,693
2,765,515
-
1,485,191
114,182
11,908,835
5,885,583
6,023,252
715' Mass Transit
5,455,387
1,492,989
1,636,232
3,056,523
-
5,528,086
1,287,299
4,240,786
720` Wastewater
30,106,670
5,644,993
2,221,727
18,091,000
3,396,270
16,486,120
7,030,464
9,455,657
730* Water
16,240,827
4,395,829
972,480
9,082,967
923,706
11,602,463
3,087,1918,515,272
7400 Refuse Collection
1,245,110
1,366,158
-
1,515,849
-
1,095,420
-
1,095,420
750' Landfill
24,926,190
3,492,962
399,332
2,455,803
285,075
26,077,606
23,801,803
2,275,803
7600 Airport
572,874
165,912
56,605
459,684
5,564
330,142
100,000
230,142
7700 Storm water
1,170,823
825,390
-
287,686
120,005
1,588,522
-
1,588,522
79" Housing Authority
6,350,911
5,052,243
-
4,708,295
23,043
6,671,815
3,060,432
3,611,383
Capital Project Funds
Governmental Projects
21,966,585
16,303,716
7,318,402
15,742,555
373,674
29,472,473
-
29,472,473
Enterprise Projects
10,232,849
2,679,364
(510,678)
1,357,692
-
11,043,843
-
11,043,843
Total Budgetary Funds
$192,969,216
$
89,007,055
$17,040,603 $
91,824,278
$17,040,603
$ 190,151,993
$ 67,326,394
$122,825,600
Non -Budgetary Funds
Capital Project Funds
Internal Service Projects
$ 66,776
$
83
$ - $
30,468
$ -
$ 36,391
$ -
$ 36,391
Internal Service Funds
810' Equipment
11,749,371
2,942,056
-
2,213,421
-
12,478,007
10,746,058
1,731,948
8200 Risk Management
3,414,156
1,580,155
-
582,934
-
4,411,377
-
4,411,377
830' Information Technology
2,516,722
1,467,083
-
749,903
-
3,233,902
597,871
2,636,031
8400 Central Services
667,695
113,512
-
70,634
-
710,572
-
710,572
8500 Health Insurance Reserves
9,902,794
4,028,027
-
3,119,934
-
10,810,887
4,282,539
6,528,348
8600 Dental Insurance Reserves
137,107
185,536
-
165,745
-
156,898
-
156,898
Total Non -Budgetary Funds
$ 28,454,622
$
10,316,452
$ - $
6,933,040
$ -
$ 31,838,034
$ 15,626,469
$ 16,211,565
Total All Funds
$221,423,838
$
99,323,507
$17,040,603 $
98,757,318
$17,040,603
$221,990,027
$ 82,952,862
$139,037,165
3
Budgetary Fund Revenues
General Fund
10" General Fund
Special Revenue Funds
2100 Community Dev Block Grant
2110 HOME
2200 Road Use Tax Fund
2300 Other Shared Revenue
2350 Metro Planning Ong of Johnson Cc
2400 Employee Benefits
2500 Affordable Housing Fund
2510 Peninsula Apartments
26" Tax Increment Financing
2820 SSMID-Downtown District
Debt Service Fund
5••• Debt Service
Permanent Funds
6001 Perpetual Care
Enterprise Funds
710' Parking
715' Mass Transit
720' Wastewater
730* Water
7400 Refuse Collection
750' Landfill
7600 Airport
7700 Storm Water
79" Housing Authority
Capital Project Funds
Governmental Projects
Enterprise Projects
Total Budgetary Revenues
Non -Budgetary Fund Revenues
Capital Project Funds
Internal Service Projects
Internal Service Funds
810' Equipment
8200 Risk Management
830` Information Technology
8400 Central Services
8500 Health Insurance Reserves
8600 Dental Insurance Reserves
Total Non -Budgetary Expenditures
Total Revenues -All Funds
City of Iowa City
Revenues by Fund
Fiscal Year 2017 through December 31, 2016
2016 2017 2017 2017
Actual Budget Revised Actual Variance Percent
$ 48,667,850 $ 50,044,369 $ 50,044,369 $ 25,539,401 $ (24,504,968) 51.0%
989,380
706,000
1,678,012
245,918
(1,432,094)
14.7%
614,958
421,000
813,343
104,863
(708,480)
12.9%
8,411,456
7,906,232
7,906,232
3,981,144
(3,925,088)
50.4%
380,110
-
825,105
365,910
(459,195)
44.3%
298,671
319,369
319,369
112,120
(207,249)
35.1%
10,516,769
11,144,971
11,144,971
5,763,312
(5,381,659)
51.7%
1,000,000
-
-
898
898
0.0%
72,243
74,000
74,000
38,034
(35,966)
51.4%
1,030,833
2,276,953
2,276,953
1,060,192
(1,216,761)
46.6%
295,284
321,151
317,859
145,879
(171,980)
45.9%
13,301,893
13,645,137
14,302,460
7,464,459
(6,838,001)
52.2%
384
500
500
(146)
(646)
-29.2%
11,016,908
5,625,275
5,625,275
2,765,515
(2,859,760)
49.2%
4,582,386
7,120,613
7,196,613
1,492,989
(5,703,624)
20.7%
22,742,715
12,588,588
12,588,588
5,644,993
(6,943,595)
44.8%
13,346,893
9,111,655
9,111,655
4,395,829
(4,715,826)
48.2%
3,130,252
3,173,900
3,173,900
1,366,158
(1,807,742)
43.0%
6,268,826
5,977,982
5,977,982
3,492,962
(2,485,020)
58.4%
341,499
359,500
359,500
165,912
(193,588)
46.2%
1,173,615
1,516,221
1,516,221
825,390
(690,831)
54.4%
8,819,308
8,501,334
8,501,334
5,052,243
(3,449,091)
59.4%
16,503,591 19,553,084 40,029,738 16,303,716 (23,726,022) 40.7%
1,911,092 2,690,898 3,450,366 2,679,364 (771,002) 77.7%
$175,416,916 $163,078,732 $187,234,345 $ 89,007,055 $ (98,227,290) 47.5%
$ 25,195 $ - $ - $ 83 $ 83 0.0%
5,912,284 6,379,763 6,379,763 2,942,056 (3,437,707) 46.1%
1,547,056 1,623,145 1,623,145 1,580,155 (42,990) 97.4%
1,870,446 2,150,510 2,150,510 1,467,083 (683,427) 68.2%
243,265 269,844 269,844 113,512 (156,332) 42.1%
7,217,213 8,027,508 8,027,508 4,028,027 (3,999,481) 50.2%
364,364 382,627 382,627 185,536 (197,091) 48.5%
$ 17,179,823 $ 18,833,397 $ 18,833,397 $ 10,316,452 $ (8,517,028) 54.8%
$192,596,739 $181,912,129 $206,067,742 $ 99,323,507 $(106,744,317) 48.2%
4
City of Iowa City
Revenues by Type
Fiscal Year 2017 through December 31, 2016
Licenses, Permits, & Fees
General Use Permits
2016
2017
2017
2017
(93,480)
10.2%
Food & Liquor Licenses
Actual
Budget
Revised
Actual
Variance
Percent
Budgetary Fund Revenues
Professional License
18,700
18,660
18,660
6,510
(12,150)
Property Taxes
$ 52,020,805 $
55,330,224
$ 55,330,224
$ 27,858,253
$ (27,471,971)
50.3%
Other City Taxes:
26.3%
101.6%
Construction Permits & Insp Fees
2,102,624
1,463,225
1,463,225
TIF Revenues
1,027,218
2,276,953
2,276,953
1,060,379
(1,216,574)
46.6%
Gas/Electric Excise Taxes
764,260
746,043
746,043
363,318
(382,725)
48.7%
Mobile Home Taxes
65,497
68,265
68,265
36,913
(31,352)
54.1%
Hotel/Motel Taxes
1,078,762
1,057,385
1,057,385
340,654
(716,731)
32.2%
Utility Franchise Tax
874,235
901,690
901,690
293,408
(608,282)
32.5%
Subtotal
3,809,972
5,050,336
5,050,336
2,094,672
(2,955,664)
41.5%
Licenses, Permits, & Fees
General Use Permits
82,496
104,047
104,047
10,567
(93,480)
10.2%
Food & Liquor Licenses
92,738
120,650
120,650
62,118
(58,532)
51.5%
47.9%
Professional License
18,700
18,660
18,660
6,510
(12,150)
34.9%
49.3%
Franchise Fees
733,644
720,000
720,000
189,131
(530,869)
26.3%
101.6%
Construction Permits & Insp Fees
2,102,624
1,463,225
1,463,225
1,477,108
13,883
100.9%
119.7%
Misc Lic & Permits
35,657
36,600
36,600
21,696
(14,905)
59.3%
192.6%
Subtotal
3,065,859
2,463,182
2,463,182
1,767,130
(696,052)
71.7%
72.1%
Intergovernmental
Fed Intergovemment Revenue
12,693,466
15,181,625
22,356,506
5,600,596
(16,755,910)
25.1%
Property Tax Credits
2,088,758
1,671,368
1,668,076
799,579
(868,497)
47.9%
Road Use Tax
8,320,117
7,837,116
7,837,116
3,862,433
(3,974,683)
49.3%
Slate 28E Agreements
2,058,908
1,785,000
1,785,000
1,813,044
28,044
101.6%
Operating Grants
104,197
89,743
89,743
107,409
17,666
119.7%
Disaster Assistance
118,068
-
97,071
186,974
89,903
192.6%
Other State Grants
6,711,203
4,978,045
5,514,452
3,973,204
(1,541,248)
72.1%
Local 28E Agreements
1,378,455
1,038,149
1,038,149
582,574
(455,575)
56.1%
Subtotal
33,473,172
32,581,046
40,386,113
16,925,813
(23,460,300)
41.9%
Charges For Fees And Services:
Building & Development
1,719,875
401,750
437,612
442,410
4,798
101.1%
Police Services
112,112
44,121
44,121
78,331
34,210
177.5%
Animal Care Services
10,400
10,000
10,000
5,731
(4,270)
57.3%
Fire Services
9,244
9,000
9,000
7,860
(1,140)
87.39/.
Transit Fees
1,299,179
1,448,900
1,448,900
561,232
(887,668)
38.7%
Culture & Recreation
761,363
812,093
812,093
286,934
(525,159)
35.3°
Library Charges
22
-
-
20
20
0.0%
Misc Charges For Services
71,270
66,692
66,692
40,416
(26,276)
60.6%
Water Charges
9,138,197
8,931,156
8,931,156
4,318,160
(4,612,996)
48.3%
Wastewater Charges
12,264,380
12,201,600
12,201,600
5,553,180
(6,648,420)
45.5%
Refuse Charges
3,491,480
3,608,800
3,608,800
1,546,497
(2,062,303)
42.9%
Landfill Charges
5,686,853
5,341,722
5,341,722
3,208,536
(2,133,186)
60.1%
Stone water Charges
1,167,517
1,477,710
1,477,710
669,557
(808,153)
45.3%
Parking Charges
5,927,772
5,965,154
5,965,154
3,158,353
(2,806,801)
52.9%
Subtotal
41,659,663
40,318,698
40,354,560
19,877,217
(20,477,344)
49.3%
Miscellaneous:
Code Enforcement
253,174
300,500
300,500
105,068
(195,432)
35.0%
Parking Fines
549,575
620,000
620,000
251,783
(368,217)
40.6%
Library Fines & Fees
155,519
160,000
160,000
75,103
(84,897)
46.9%
Contributions & Donations
609,723
517,519
1,082,519
296,065
(786,454)
27.3%
Printed Materials
49,456
44,326
44,326
21,082
(23,244)
47.6%
Animal Adoption
14,190
13,000
13,000
6,290
(6,710)
48.4%
Misc Merchandise
57,644
53,522
53,522
41,954
(11,568)
78.4%
Intra -City Charges
3,112,634
4,003,742
4,003,742
1,938,863
(2,064,879)
48.4%
Other Misc Revenue
739,617
708,915
1,563,599
1,207,207
(356,392)
77.2%
Special Assessments
1,615
604
604
232
(372)
38.4%
Subtotal
$ 5,543,146
$ 6,422,128 $
7,841,812 $
3,943,648 $
(3,898,164)
50.3%
L7
City of Iowa City
Revenues by Type
Fiscal Year 2017 through December 31, 2016
6
2016
2017
2017
2017
Actual
Budget
Revised
Actual
Variance
Percent
Use Of Money And Property:
Interest Revenues
$ 1,040,598
$ 927,821
$ 927,821
$ (20,221)
$ (948,042)
-2.2%
Rents
1,265,519
1,256,057
1,256,057
658,582
(597,475)
52.4%
Royalties & Commissions
149,751
113,814
113,814
51,638
(62,176)
45.4%
Subtotal
2,455,867
2,297,692
2,297,692
689,998
(1,607,694)
30.0%
Other Financial Sources:
Debt Sales
23,897,097
16,187,000
28,992,000
12,805,000
(16,187,000)
44.2%
Sale OF Assets
7,747,095
993,389
3,083,389
2,439,341
(644,048)
79.1%
Loans
1,744,239
1,435,038
1,435,038
605;983
(829,055)
42.2%
Subtotal
33,388,431
18,615,427
33,510,427
15,850,324
(17,660,103)
47.3%
Total Budgetary Revenues
$175,416,916
$163,078,733
$187,234,346
$ 89,007,055
(98,227,291)
47.59/.
Non -Budgetary Fund Revenues
Capital Project Funds
$ 25,195
$ -
$ -
$ 83
$ 83
0.0%
Internal Service Funds
17,154,628
18,833,397
18,833,397
10,316,369
(8,517,028)
54.8%
Total Non -Budgetary Revenues
$ 17,179,823
$ 18,833,397
$ 18,833,397
$ 10,316,452
$ (8,516,945)
54.8%
Total Revenues - All Funds
$192,596,739
$181,912,130
$206,067,743
$ 99,323,507
$(106,744,236)
48.2%
6
City of Iowa City
Expenditures by Fund
Fiscal Year 2017 through December 31, 2016
Budgetary Fund Expenditures
General Fund
10" General Fund
Special Revenue Funds
2100 Community Dev Block Grant
2110 HOME
2200 Road Use Tax Fund
2300 Other Shared Revenue
2350 Metro Planning Org of Johnson Co.
2400 Employee Benefits
2500 Affordable Housing Fund
2510 Peninsula Apartments
26" Tax Increment Financing
2820 SSMID-Downtown District
Debt Service Fund
5"' Debt Service
Permanent Funds
6001 Perpetual Care
Enterprise Funds
710" Packing
715' Mass Transit
720' Wastewater
730' Water
7400 Refuse Collection
750` Landfill
7600 Airport
7700 Storm water
79" Housing Authority
Capital Project Funds
Governmental Projects
Enterprise Projects
Total Budgetary Expenditures
Non -Budgetary Funds Expenditures
Capital Project Funds
Internal Service Projects
Internal Service Funds
810` Equipment
8200 Risk Management
830• Information Technology
8400 Central Services
8500 Health Insurance Reserves
8600 Dental Insurance Reserves
Total Non -Budgetary Expenditures
Total Expenditures - All Funds
2016 2017 2017 2017
Actual Budget Revised Actual Variance Percent
$ 49,198,596 $ 54,585,583 $ 54,960,394 $ 24,769,057 $ 30,191,337 45.1%
659,901
719,713
1,696,735
648,844
1,047,891
38.2%
747,816
428,108
801,716
39,859
761,857
5.0%
5,436,882
5,969,763
5,985,013
2,517,657
3,467,356
42.1%
446,465
-
970,712
394,406
576,306
40.6%
558,489
616,729
616,729
288,227
328,502
46.7%
1,054,857
1,212,865
1,212,865
492,697
720,168
40.6%
-
-
-
500,000
(500,000)
0.0%
52,501
56,879
56,879
24,878
32,001
43.7%
-
42,500
42,500
-
42,500
0.0%
295,284
321,151
321,151
89,685
231,466
27.9%
15,016,250
15,146,227
15,419,400
3,815,723
11,603,677
24.7%
0.0%
3,212,740
3,490,001
3,490,001
1,485,191
2,004,810
42.6%
$142,297,407
6,917,901
10,251,640
10,346,640
3,056,523
7,290,117
29.5%
10,674,085
10,593,521
21,258,521
18,091,000
3,167,521
85.1%
7,686,557
8,558,936
12,724,240
9,082,967
3,641,273
71.4%
2,935,579
3,142,730
3,142,730
1,515,849
1,626,881
48.2%
4,550,095
4,505,413
4,625,413
2,455,803
2,169,610
53.1%
408,276
372,709
372,709
459,684
(86,975)
123.3%
738,102
624,077
662,627
287,686
374,941
43.4%
8,334,915
7,655,761
7,655,761
4,708,295
2,947,466
61.5%
19,479,006
3,893,109
35,452,225
4,517,923
85,483,245
14,169,410
15,742,555
1,357,692
69,740,690
12,811,718
18.4%
9.6%
$142,297,407
$168,264,454
$ 246,015,391
$ 91,824,278
$154,191,113
37.3%
$ 424,014 $ - $ - $ 30,468 (30,468) 0.0%
5,181,051
4,809,295
5,953,508
2,213,421
3,740,087
37.2%
1,431,387
1,571,941
1,571,941
582,934
989,007
37.1%
1,834,060
2,108,294
2,108,294
749,903
1,358,391
35.6%
234,097
251,840
251,840
70,634
181,206
28.0%
7,934,757
8,002,151
8,002,151
3,119,934
4,882,217
39.0%
370,061
375,896
375,896
165,745
210,151
44.1%
$ 17,409,427
$ 17,119,417
$ 18,263,630
$ 6,933,040
$ 11,330,590
38.0%
$159,706,834
$185,383,871
$ 264,279,021
$ 98,757,318
$165,521,703
37.4%
VJ
City of Iowa City
Expenditures by Fund by Department
Fiscal Year 2017 through December 31, 2016
8
2016
2017
2017
2017
Actual
Budget
Revised
Actual
Variance
Percent
Budgetary Funds Expenditures
General Fund
10" General Fund
City Council $
107,734
$ 109,426
$ 109,426
$ 57,454
$ 51,972
52.59/.
City Clerk
524,931
536,351
536,351
271,874
264,477
50.7%
City Attorney
681,567
738,002
738,002
340,045
397,957
46.1%
City Manager
2,154,215
2,522,541
2,522,541
999,655
1,522,886
39.6%
Finance
3,598,454
4,243,950
4,243,950
2,242,914
2,001,036
52.8%
Police
12,443,824
13,313,329
13,395,570
6,061,626
7,333,944
45.3%
Fin;
7,486,024
7,876,882
7,969,064
3,764,023
4,205,041
47.2%
Parks & Recreation
7,337,290
8,079,336
8,104,336
3,728,491
4,375,845
46.0%
Library
6,083,035
6,347,022
6,347,022
2,939,661
3,407,361
46.3%
Senior Center
823,993
954,090
994,808
402,502
592,306
40.5%
Neighborhood& Development Services
6,614,830
6,892,339
7,027,009
2,885,145
4,141,864
41.1%
Public Works
1,342,700
2,317,845
2,317,845
795,499
1,522,346
34.3%
Transportation & Resource Management
654,470
654,470
280,168
374,302
42.8%
Total General Fund
49,198,596
54,585,583
54,960,394
24,769,057
30,191,337
45.1%
Special Revenue Funds
2100 Community Dev Block Grant
Neighborhood & Development Services
659,901
719,713
1,696,735
648,844
1,047,891
38.2%
2110 HOME
Neighborhood & Development Services
747,816
428,108
801,716
39,859
761,857
5.0%
2200 Road Use Tax Fund
Public Works
5,436,882
5,969,763
5,985,013
2,517,657
3,467,356
42.1%
2300 Other Shared Revenue
Neighborhood & Development Services
446,465
-
970,712
394,406
576,306
40.6%
2350 Metro Planning Org of Johnson Co
Neighborhood & Development Services
558,489
616,729
616,729
288,227
328,502
46.7%
2400 Employee Benefits
Finance
1,054,857
1,212,865
1,212,865
492,697
720,168
40.6%
2500 Affordable Housing Fund
Neighborhood & Development Services
-
-
-
500,000
(500,000)
0.0%
2510 Peninsula Apartments
Neighborhood& Development Services
52,501
56,879
56,879
24,878
32,001
43.7%
26" Tax Increment Financing
Neighborhood & Development Services
-
42,500
42,500
-
42,500
0.0%
2820 SSMID-Downtown District
Neighborhood& Development Services
295,284
321,151
321,151
89,685
231,466
27.9%
Total Special Revenue Funds
9,252,195
9,367,708
11,704,300
4,996,254
6,708,046
42.7%
Debt Service Fund
5"' Debt Service
Finance
15,016,250
15,146,227
15,419,400
3,815,723
11,603,677
24.7%
Total Debt Service Fund
15,016,250
15,146,227
15,419,400
3,815,723
11,603,677
24.7%
Permanent Fund
6001 Perpetual Care
Parks & Recreation
0.0%
Total Permanent Fund $
-
$ -
$ -
$ -
$ -
0.0%
8
City of Iowa City
Expenditures by Fund by Department
Fiscal Year 2017 through December 31, 2016
9
2016
2017
2017
2017
Actual
Budget
Revised
Actual
Variance
Percent
Enterprise Funds
710' Parking
Transportation& Resource Management
$ 3,212,740
$ 3,490,001
$ 3,490,001
$ 1,485,191
$ 2,004,810
42.6%
715' Mass Transit
Transportation & Resource Management
6,917,901
10,251,640
10,346,640
3,056,523
7,290,117
29.5%
720' Wastewater
Public Works
10,674,085
10,593,521
21,258,521
18,091,000
3,167,521
85.1%
730' Water
Public Works
7,686,557
8,558,936
12,724,240
9,082,967
3,641,273
71.4%
7400 Refuse Collection
Transportation& Resource Management
2,935,579
3,142,730
3,142,730
1,515,849
1,626,881
48.2%
750` Landfill
Transportation & Resource Management
4,550,095
4,505,413
4,625,413
2,455,803
2,169,610
53.1%
7600 Airport
Airport Operations
408,276
372,709
372,709
459,684
(86,975)
123.3%
7700 Storm water
Public Works
738,102
624,077
662,627
287,686
374,941
43.4%
79" Housing Authority
Neighborhood & Development Services
8,334,915
7,655,761
7,655,761
4,708,295
2,947,466
61.5%
Total Enterprise Funds
45,458,251
49,194,788
64,278,642
41,142,997
23,135,645
64.0%
Capital Project Funds
Governmental Projects
19,479,006
35,452,225
85,483,245
15,742,555
69,740,690
18.4%
Enterprise Projects
3,893,109
4,517,923
14,169,410
1,357,692
12,811,718
9.6%
Total Capital Project Funds
23,372,115
39,970,148
99,652,655
17,100,247
82,552,408
17.2%
Total Budgetary Expenditures
$142,297,407
$168,264,454
$246,015,391
$ 91,824,278
$154,191,113
37.3%
Non -Budgetary Funds Expenditures
Capital Project Funds
Internal Service Projects
$ 424,014
$ -
$ -
$ 30,468
$ (30,468)
0.0%
Total Capital Project Funds
424,014
-
-
30,468
(30,468)
0.0%
Internal Service Funds
810' Equipment
Public Works
5,181,051
4,809,295
5,953,508
2,213,421
3,740,087
37.2%
8200 Risk Management
Finance
1,431,387
1,571,941
1,571,941
582,934
989,007
37.1%
830' Information Technology
Finance
1,834,060
2,108,294
2,108,294
749,903
1,358,391
35.6%
8400 Central Services
Finance
234,097
251,840
251,840
70,634
181,206
28.0%
8500 Health Insurance Reserves
Finance
7,934,757
8,002,151
8,002,151
3,119,934
4,882,217
39.0%
8600 Dental Insurance Reserves
Finance
370,061
375,896
375,896
165,745
210,151
44.1%
Total Internal Service Funds
16,985,412
17,119,417
18,263,630
6,902,572
11,361,058
37.8%
Total Non -Budgetary Expenditures
$ 17,409,427
$ 17,119,417
$ 18,263,630
$ 6,933,040
$ 11,330,590
38.0%
Total Expenditures - All Funds
$159,706,834
$185,383,871
$ 264,279,021
$ 98,757,318
$165,521,703
37.4%
9
r iP3
CITY OF IOWA CITY
z4ZL% �� MEMORANDUM
Date: January 18, 2017
To: Geoff Fruin, City Manager
From: Dennis Bockenstedt, Finance Director
RE: Long-term Debt Disclosure Report
On October 6, 2015, the City Council adopted a new Debt Management Policy. As part of that
policy, an annual debt report was to be submitted within 210 days after the fiscal year-end to the
City Manager and the City Council. The City's fiscal year 2016 ended on June 30, 2016, and
this report is intended to provide information in regards to that fiscal year. According to the
policy, the annual debt report should include, at a minimum, the following information:
• General Long-term Debt Obligations:
• Total actual and taxable property valuations
• The historical trend of actual and taxable property valuations
• List of the City's 10 largest taxpayers
• Summary of all of the City's direct, long-term debt obligations
• Debt per capita (GO Debt and TIF Revenue Debt)
• Debt per total assessed value (GO Debt and TIF Revenue Debt)
• City's debt versus the legal debt limit
• Revenue -Secured Debt Obligations:
• Summary of the system
• Summary of the system's rates and charges
• The historical trend of system's sales and charges
• Coverage ratios for system
• Number of system customers, if applicable
• List of system's 10 largest users, if applicable
According to the policy, the annual debt report should also include a list of any potential
upcoming debt issues and a summary of any material events that have occurred in the past
year. The report may also include any other relevant information that is significant to the City's
debt program or ability to repay its debt obligations.
During fiscal year 2016, the City incurred to following significant events related to its bond
obligations:
• Principal and interest payment delinquencies: None
• Non-payment related defaults, if material: None
• Unscheduled draws on debt service reserves reflecting financial difficulties: None
• Unscheduled draws on credit enhancements relating to the Bonds reflecting financial
substitution of credit or liquidity providers, or their failure to perform: None
• Adverse tax opinions, the issuance by the Internal Revenue Service of proposed or final
determinations of taxability, Notices of Proposed Issue (IRS Form 5701-TEB) or
January 18, 2017
Page 2
other material notices or determinations with respect to the tax-exempt status of the
Series Bonds, or material events affecting the tax-exempt status of the Bonds: None
• Modifications to rights of Holders of the Bonds, if material: None
• Bond calls (excluding sinking fund mandatory redemptions), if material, and tender
offers; a Notice of Material Event was timely filed for each of these events:
i. 2008A GO bond maturities called on July 1, 2015
• Defeasances of the Bonds; a Notice of Material Event was timely filed for this event:
None
• Release, substitution, or sale of property securing repayment of the Bonds, if material:
None
• Rating changes on the Bonds: None
• Bankruptcy, insolvency, receivership or similar event of the Issuer: None
• The consummation of a merger, consolidation, or acquisition involving the Issuer or the
sale of all or substantially all of the assets of the Issuer, other than in the ordinary
course of business, the entry into a definitive agreement to undertake such an action
or the termination of a definitive agreement relating to any such actions, other than
pursuant to its terms, if material: None
• Appointment of a successor or additional trustee or the change of name of a trustee, if
material:
i. Authorized substitution & appointment of U.S. Bank National Association
to serve as Paying Agent, Registrar & Transfer Agent on October 20, 2015
In the next 180 days, we are currently anticipating the following potential bond issues:
• 2017 Sewer Revenue Refunding Bonds — to refund 2009A Sewer Revenue Bonds -
$5,925,000
• 2017 Water Revenue Refunding Bonds Refund — to refund 2009B Water Revenue
Bonds and to construct water system improvements - $7,500,000
• 2017 General Obligation Bonds —2017 CIP Program - $9,765,000
Other potential debt issues include:
• 2017 Parking Lease Purchase Agreement — Harrison Street Parking Ramp -
$15,400,000
Attached to this memo are summaries that include the additional financial and debt information
mentioned above. This information along with our Fiscal Year 2016 Comprehensive Annual
Financial Report (CAFR) will be provided to our bondholders and will be posted on the
Electronic Municipal Market Access (EMMA) web site in accordance with Municipal Securities
Rulemaking Board (MSRB) rules. This information must be posted by January 26, 2017 in
order to comply with the continuing disclosure certificates on our outstanding bonded debt.
We are not aware of any material or significant events that will prevent the City from meeting its
current outstanding bonded debt obligations.
Finance and Operating Report
For the City of Iowa City, Iowa
Pursuant to Securities and Exchange Commission Rule 15c2-12
Through the Fiscal Year Ended June 30, 2016
Financial and Operating Data
General Obligation Debt
To the extent not included in the City's Financial Statements, all information the City of
Iowa City has agreed to provide in its annual reports, as it relates to its outstanding general
obligation debt is included in this report. Attached is additional information as required to
be submitted under previous disclosure undertakings of the City.
CITY PROPERTY VALUES
IOWA PROPERTY VALUATIONS
In compliance with Section 441.21 of the Code of Iowa, the State Director of Revenue annually
directs the county auditors to apply prescribed statutory percentages to the assessments of
certain categories of real property. The Johnson County Auditors adjusted the final Actual
Values for 2014. The reduced values, determined after the application of rollback percentages,
are the taxable values subject to tax levy. For assessment year 2014, the taxable value
rollback rate was 55.7335% of actual value for residential property; 44.7021 % of actual value
for agricultural property; and 90% of actual value for commercial, industrial, and railroad
property. No adjustment was ordered for utility property because its assessed value did not
increase enough to qualify for reduction. Utility property is limited to an 8% annual growth.
The Legislature's intent has been to limit the growth of statewide taxable valuations for the
specific classes of property to 3% annually. Political subdivisions whose taxable valuations are
thus reduced or are unusually low in growth are allowed to appeal the valuations to the State
Appeal Board, in order to continue to fund present services.
PROPERTY VALUATIONS (1/1/2014 Valuation Taxes payable July 1, 2015 to June 30, 2016)
Taxable Value
100% Actual Value (With Rollback)
Residential
$3,603,743,609
$2,008,493,138
Commercial
1,129,397,979
1,016,458,199
Industrial
74,399,739
66,959,765
Railroads
4,015,580
3,614,022
Utilities w/o Gas & Electric
8.239,789
8,239,789
Gross valuation
$4,819,796,696
$3,103,764,913
Less military exemption
(2,828,002)
(2.828.002)
Net valuation
$4,816,968,694
$3,100,936,911
TIF increment (used to compute
debt service levies and
constitutional debt limit)
$42,307,287
$33,331,128
Taxed separately
Ag. Land & Buildings
$3,553,520
$1,588,496
Gas & Electric Utilities
$87,728,294
$46,785,426
2014 GROSS TAXABLE VALUATION BY CLASS OF PROPERTY)
Taxable Valuation
Percent Total
Residential
$2,008,493,138
63.75%
Commercial, Industrial and Utility
1,091,657,753
34.65%
Gas & Electric Utilities
46,785,426
1.48%
Railroads
3.614.022
0.12%
Total Gross Taxable Valuation
$3,150,550,339
100.00%
1) Excludes Taxable TIF Increment and Ag. Land & Buildings
TREND OF VALUATIONS
Assessment
Payable
Taxable Valuation
Taxable TIF
Year
Fiscal Year
100% Actual Valuation
(With Rollback)
Increment
2011
2012-13
$4,615,527,744
$2,946,951,863
$11,712,327
2012
2013-14
4,668,318,992
3,020,306,824
14,113,908
2013
2014-15
4,826,647,177
3,114,066,554
21,131,574
2014
2015-16
4,950,557,795
3,147,722,337
33,331,128
2015 1)
2016-17
5,350,243,693
3,347,028,340
72,650,838
1) The City's 1/1/2015 valuations are now available from the State of Iowa and became effective July 1, 2016
The 100% Actual Valuations, before rollback and after the reduction of military exemption,
include Ag. Land & Buildings, Taxable TIF Increment and Gas & Electric Utilities. The Taxable
Valuations, with the rollback and after the reduction of military exemption, include Gas &
Electric Utilities and exclude Ag. Land & Buildings and Taxable TIF Increment. Iowa cities
certify operating levies against Taxable Valuation excluding Taxable TIF Increment and debt
service levies are certified against Taxable Valuation including the Taxable TIF Increment.
With the exception of the electric and natural gas providers (which is subject to an excise tax in
accordance with Iowa Code chapter 437A), the City's mill levy is uniformly applicable to all of
the properties included in the table, and thus taxes expected to be received by the City from
such taxpayers will be in proportion to the taxable valuations of the properties.
LARGER TAXPAYERS
Set forth in the following table are the persons or entities which represent larger taxpayers
within the boundaries of the City, as provided by the Johnson County Auditor's Office. No
independent investigation has been made of and no representation is made herein as to the
financial condition of any of the taxpayers listed below or that such taxpayers will continue to
maintain their status as major taxpayers in the City. With the exception of the electric and
natural gas provider noted below (which is subject to an excise tax in accordance with Iowa
Code chapter 437A), the City's mill levy is uniformly applicable to all of the properties included
in the table, and thus taxes expected to be received by the City from such taxpayers will be in
proportion to the taxable valuations of the properties. The total tax bill for each of the
properties is dependent upon the mill levies of the other taxing entities which overlap the
properties.
1/1/2014
Taxpayer')
Mid American Energy Co.
American College Testing, Inc.
Ann S. Gerdin Revocable Trust
Dealer Properties IC LLC
Procter & Gamble Hair Care LLC
Alpla, Inc.
CCAL 100 Hawk Ridge Drive LLC
National Computer Systems Inc.
Wal-Mart Real Estate
Kobrin Development Company Inc.
Type of Property/Business
Utility
Commercial
Commercial
Commercial
Industrial
Industrial
Residential
Commercial
Commercial
Commercial & Residential
Taxable Valuations
$44,301,833
44,150,558
21,232,925
18,675,864
15,418,708
14,615,928
13,171,260
12,428,352
12,078,378
11,711,744
1) This list represents some of the top taxpayers in the City, not necessarily the top 10 taxpayers.
Source: Johnson County Auditor's Office
PROPERTY TAX LEGISLATION
During the 2013 legislative session, the Iowa General Assembly enacted Senate File 295 (the "Act"), which
the Governor signed into law on June 12, 2013. Among other things, the Act (i) reduced the maximum
annual taxable value growth percent, due to revaluation of existing residential and agricultural property, from
the 4% to 3%, (ii) assigned a "rollback" (the percentage of a property's value that is subject to tax) to
commercial, industrial and railroad property of 95% for the 2013 assessment year and 90% for the 2014
assessment year and all years thereafter, (iii) created a new property tax classification for multi -residential
properties (mobile home parks, manufactured home communities, land -lease communities, assisted living
facilities and property primarily used or intended for human habitation containing three or more separate
dwelling units) ("Multi -residential Property") that began in the 2015 assessment year, and assigned a
declining rollback percentage of 3.75% to such properties for each subsequent year until the 2021
assessment year (the rollback percentage for Multi -residential Properties is equal to the residential rollback
percentage in the 2022 assessment year and thereafter) and (iv) exempted a specified portion of the
assessed value of telecommunication properties.
The Act included a standing appropriation to replace some of the tax revenues lost by local governments,
including tax increment districts, resulting from the new rollback for commercial and industrial property. Prior
to Fiscal Year 2017-18, the appropriation is a standing unlimited appropriation, but beginning in Fiscal Year
2017-18 the standing appropriation cannot exceed the actual Fiscal Year 2016-17 appropriation amount.
The appropriation does not replace losses to local governments resulting from the Act's provisions that
reduce the annual revaluation growth limit for residential and agricultural properties from 4% to 3%, the
gradual transition for Multi -residential Property from the commercial rollback percentage (100% of Actual
Value) to the residential rollback percentage (currently 55.7335% of Actual Valuation), or the reduction in the
percentage of telecommunications property that is subject to taxation.
Given the wide scope of the statutory changes, and the State of Iowa's discretion in establishing the annual
replacement amount that is appropriated each year commencing in Fiscal Year 2017-18, the impact of the
Act on the City's future property tax collections is uncertain and the City is unable to estimate the financial
impact of the Act's provisions on the City's future operations.
In Moody's Investor Service US Public Finance Weekly Credit Outlook, dated May 30, 2013, Moody's
Investor Service ("Moody's") projected that local governments in the State of Iowa are likely to experience
modest reductions in property tax revenues starting in Fiscal Year 2014-15 as a result of the Act, with
sizeable reductions possible starting in Fiscal Year 2017-18. According to Moody's, local governments that
may experience disproportionately higher revenue losses include regions that have a substantial commercial
base, a large share of Multi -residential Property (such as college towns), or significant amounts of
telecommunications property.
Notwithstanding any decrease in property tax revenues that may result from the Act, Iowa Code section 76.2
provides that when an Iowa political subdivision issues general obligation bonds, "the governing authority of
these political subdivisions before issuing bonds shall, by resolution, provide for the assessment of an
annual levy upon all the taxable property in the political subdivision sufficient to pay the interest and principal
of the bonds within a period named not exceeding twenty years. A certified copy of this resolution shall be
filed with the county auditor or the auditors of the counties in which the political subdivision is located; and
the filing shall make it a duty of the auditors to enter annually this levy for collection from the taxable
property within the boundaries of the political subdivision until funds are realized to pay the bonds in full."
From time to time, other legislative proposals may be considered by the Iowa General Assembly that would,
if enacted, alter or amend one or more of the property tax matters described in this Official Statement. It
cannot be predicted whether or in what forms any of such proposals may be enacted, and there can be no
assurance that such proposals will not apply to valuation, assessment or levy procedures for the levy of
taxes by the City.
GENERAL FUND BUDGET
The table below summarizes fiscal year actuals for years ending June 30, 2015 and June 30,
2016, and the 2017 Amended Budget as estimated at December 16, 2016.
Revenues & Other Financing Sources
2015
2016
2017
Actual
Actual
Revised
Property Taxes
$ 29,421,531
$ 29,796,656
$ 31,739,199
Other City Taxes
2,487,767
2,431,882
2,430,717
Licenses And Permits
1,805,901
3,056,051
2,450,882
Use Of Money And Property
800,227
689,835
706,672
Intergovernmental
3,519,060
3,803,459
3,664,921
Charges For Fees And Services
1,509,496
1,607,320
1,358,601
Miscellaneous
4,446,754
4,603,845
5,697,432
Other Financial Sources
2,762,834
2,678,802
2,007,295
Sub -total Revenues & Other Financing
46,753,570
48,667,850
50,055,719
Sources (excluding Transfers In):
Transfers In
Total Revenues, Other Financing
Sources, & Transfers In
10,642,456 12,468,366 10,560,745
$ 57,396,026 $ 61,136,216 $ 60,616,464
Expenditures & Transfers Out
2015
2016
2017
Actual
Actual
Revised
Personnel
$ 34,881,306
$ 35,579,630
$ 39,093,574
Services
8,534,211
8,290,221
10,263,306
Supplies
1,272,811
1,515,890
1,601,411
Capital Outlay
3,477,841
1,970,355
3,368,705
Debt Service
1,154,500
1,842,500
900,000
Contingency
-
-
184,519
Sub -total Expenditures:
49,320,669
49,198,596
55,411,515
Transfers Out
6,823,285
12,842,428
25,643,570
Total Expenditures &
$ 56,143,954
$ 62,041,024
$ 81,055,085
Transfers Out
7
CITY INDEBTEDNESS
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Article XI, Section 3 of the State of Iowa Constitution limits the amount of debt outstanding at
any time of any county, municipality or other political subdivision to no more than 5% of the
actual value of all taxable property within the corporate limits, as taken from the last state and
county tax list. The debt limit for the City, based on its 2014 valuation currently applicable to
the fiscal year 2015-16 is as follows:
2013 Actual Valuation of Property
$4,950,557,795
Legal Debt Limit of 5%
0.05
Legal Debt Limit
$247,527,890
Less: Total G.O. Debt
(55,350,000)
Less: TIF Revenue Debt
(2,525,000)
Less: Letters of Credit (UniverCity)
(582,000)
Less: Other legal indebtedness (TIF rebates)
(13,506,152)
Net Debt Limit
$175,564,738
DIRECT DEBT
General Obligation Debt Supported by Property Taxes and Tax Increment
Principal
Date
Original
Final
Outstanding
of Issue
Amount
Purpose
Maturitv
As of 6/30/16
10/08B
$17,005,000
Refunding
6/18
$3,055,000')
6/09C
6,685,000
City Improvements
6/19
2,210,000
8/10B
7,420,000
City Improvements
6/20
3,115,000
6/11A
7,925,000
City Improvements
6/21
3,940,000
6/11C
10,930,000
Refunding
6/21
6,235,000
6/12A
9,070,000
City Improvements
6/22
5,680,000
7/13A
7,230,000
City Improvements
6/23
5,750,000
6/14
11,390,000
City Improvements
6/24
8,575,000
6/15
7,785,000
City Improvements
6/25
7,090,000
6/16A
8,795,000
City Improvements
6/26
8,795,000
6/168
610,000
City Improvements
6/17
610,000
Subtotal
$55,055,000
1) City called
Series 2008B with cash on August 1, 2016.
General Obligation Debt Supported by Enterprise Funds
Principal
Date
Original
Final
Outstanding
of Issue
Amount
Purpose
Maturitv
As of 6/30/16
6/14
$590,000
City Improvements
6/17
$295,000
Total General Obligation Debt Subject to Debt Limit:
$55,350,000
Annual Fiscal Year General Obligation Debt Service Payments
Total Outstandin
Total $55,350,000 $60,522,335
OTHER DEBT
The City has revenue debt payable solely from the net revenues of the City's Urban Renewal
Areas as follows:
Date Original
of Issue Amount Purpose
Principal
Final Outstanding
Maturity As of 6/30/16
11/12D $2,655,000 Developer Grant 6/32 $2,525,000
The City has revenue debt payable solely from the net revenues of the Municipal Parking
System as follows:
Principal
Date Original Final Outstanding
of Issue Amount Purpose Maturity As of 6/30/16
11/09F $9,110,000 Parking
4/17 15,400,000 Parking
Total
7/17 $01)
6/37 15,400.000 2)
$15,400,000
1) The City has defeased $6,045,000 of the Series 2009F Bonds maturing 2016 through 2024. Funds are being
held in escrow until the July 1, 2017 call date.
2) The City has entered into a Lease Purchase Agreement in connection with the construction of a parking garage
anticipated to be completed in April 2017. The commencement date of the Lease Purchase Agreement is
anticipated in April 2017.
Principal &
Fiscal Year
Principal
Interest
2016-17
$10,425,000
$11,774,450
2017-18
9,340,000
10,455,481
2018-19
7,985,000
8,857,031
2019-20
7,410,000
8,073,144
2020-21
6,150,000
6,609,779
2021-22
4,585,000
4,888,400
2022-23
3,665,000
3,873,900
2023-24
2,865,000
2,985,950
2024-25
1,890,000
1,948,500
2025-26
1.035.000
1.055.700
Total $55,350,000 $60,522,335
OTHER DEBT
The City has revenue debt payable solely from the net revenues of the City's Urban Renewal
Areas as follows:
Date Original
of Issue Amount Purpose
Principal
Final Outstanding
Maturity As of 6/30/16
11/12D $2,655,000 Developer Grant 6/32 $2,525,000
The City has revenue debt payable solely from the net revenues of the Municipal Parking
System as follows:
Principal
Date Original Final Outstanding
of Issue Amount Purpose Maturity As of 6/30/16
11/09F $9,110,000 Parking
4/17 15,400,000 Parking
Total
7/17 $01)
6/37 15,400.000 2)
$15,400,000
1) The City has defeased $6,045,000 of the Series 2009F Bonds maturing 2016 through 2024. Funds are being
held in escrow until the July 1, 2017 call date.
2) The City has entered into a Lease Purchase Agreement in connection with the construction of a parking garage
anticipated to be completed in April 2017. The commencement date of the Lease Purchase Agreement is
anticipated in April 2017.
The City has revenue debt payable solely from the net revenues of the Municipal Water
System as follows:
1) The 2017 through 2024 maturities in the amount of $4,085,000 were current refunded by the Water Revenue
Refunding Capital Loan Notes, Series 2016D on July 1, 2016.
The City has revenue debt payable solely from the net revenues of the Municipal Sewer
System as follows:
Percent
Taxable Valuation')
In City
Principal
Date
Original
57.23%3)
Final
Outstanding
of Issue
Amount
Purpose
Maturitv
As of 6/30/16
10/08D
$7,115,000
Water Refunding
7/16
$425,00011
5/09B
9,750,000
Water Refunding
7/25
6,870,000
6/12C
4,950,000
Water Refunding
7/22
3,565,000
6/16D
3,650,000
Water Refunding
7/24
3,650,000
Total
$14,510,000
1) The 2017 through 2024 maturities in the amount of $4,085,000 were current refunded by the Water Revenue
Refunding Capital Loan Notes, Series 2016D on July 1, 2016.
The City has revenue debt payable solely from the net revenues of the Municipal Sewer
System as follows:
1) The 2017 through 2022 maturities in the amount of $10,515,000 were current refunded by the Sewer Revenue
Refunding Capital Loan Notes, Series 2016C on July 1, 2016.
INDIRECT GENERAL OBLIGATION DEBT
Taxing District
Johnson County
Iowa City CSD
Clear Creek-Amana CSD
Kirkwood Comm. College
1/1/2015
Percent
Taxable Valuation')
In City
Principal
Date
Original
57.23%3)
Final
Outstanding
of Issue
Amount
Purpose
Maturitv
As of 6/30/16
10/08C
$24,280,000
Sewer Refunding
7/16
$1,945,000'1
5109A
8,660,000
Sewer Refunding
7/25
6,275,000
4/10A
15,080,000
Sewer Refunding
7/20
6,330,000
6/16C
9,360,000
Sewer Refunding
7/21
9,360,000
Total
$23,910,000
1) The 2017 through 2022 maturities in the amount of $10,515,000 were current refunded by the Sewer Revenue
Refunding Capital Loan Notes, Series 2016C on July 1, 2016.
INDIRECT GENERAL OBLIGATION DEBT
Taxing District
Johnson County
Iowa City CSD
Clear Creek-Amana CSD
Kirkwood Comm. College
1/1/2015
Percent
Taxable Valuation')
In City
$8,042,302,645
42.54%3)
5,978,490,538
57.23%3)
129,160,108
0.04%
24,144,197,855
14.17%3)
City's share of total overlapping debt
1) Taxable Valuation excludes military exemption and includes Ag. Land & Buildings, Taxable TIF Increment and all Utilities.
2) Includes general obligation bonds, PPEL notes, certificates of participation and newjobs training certificates.
3) Includes city -exempt Ag TIF Increment valuation in the amount of $15,839.
10
City's
G.O. Deb tzl
Proportionate Share
$8,490,000
$3,611,646
14,150,000
8,098,045
61,465,000
24,586
129,981,492
18.418.377
$30,152,654
1) Taxable Valuation excludes military exemption and includes Ag. Land & Buildings, Taxable TIF Increment and all Utilities.
2) Includes general obligation bonds, PPEL notes, certificates of participation and newjobs training certificates.
3) Includes city -exempt Ag TIF Increment valuation in the amount of $15,839.
10
DEBT RATIOS
G.O. Debt
Total General Obligation Debt $55,350,000
Less G.O. Debt Service Paid by Enterprise Funds3l (295,000)
Net G.O. Debt Paid by Taxes and Tax Increment $55,055,000
TIF Revenue Debt $2,525,000
City's share of total overlapping debt $30,152,654
Debt/Actual
Market Value Debt/67,862
($5,350.243,693)1) PopulationZl
1.03% $815.63
1.03%
$811.28
0.05%
$37.21
0.56%
$444.32
1) Based on the City's 1/1/2015 100% Actual Valuation; includes Ag Land, Ag Buildings, all Utilities and TIF Increment.
2) Population based on the City's 2010 U.S. Census.
3) G.O. debt abated by Water Revenues.
TAX RATES
Johnson County
City of Iowa City
Iowa City CSD
Clear Creek-Amana CSD (Clear Creek)
Kirkwood Comm. College
City Assessor
County Ag. Extension
State of Iowa
Total Tax Rate - City Resident:
FY2011-12 FY2012-13 FY2013-14 FY2014-15FY2015-16
$/$1.000 / 1 000 $/$1.000 $1$1.000 $/$1.000
6.98984 6.74909 6.73712 6.74168 6.90337
17.84150 17.26864 16.80522 16.70520 16.65096
14.59055 14.07327 13.68792 13.69999 13.86773
15.54876 15.31063 15.31055 15.06516 15.62084
0.99870 1.07888 1.06473 1.05754 1.06125
0.24632 0.24453 0.25873 0.23866 0.24325
0.08358 0.08146 0.08160 0.08119 0.08129
0.00320 0.00320 0.00330 0.00330 0.00330
Iowa City CSD 40.75369 39.49917 38.63862 38.52756 38.81115
Clear Creek-Amana CSD (Clear Creek) 41.71190 40.73653 40.26125 39.89273 40.56426
LEVY LIMITS
A city's general fund tax levy is limited to $8.10 per $1,000 of taxable value, with provision for
an additional $0.27 per $1,000 levy for an emergency fund which can be used for general fund
purposes (Code of Iowa, Chapter 384, Division 1). Cities may exceed the $8.10 limitation upon
authorization by a special levy election. Further, there are limited special purpose levies which
may be certified outside of the above described levy limits (Code of Iowa, Section 384.12). The
amount of the City general fund levy subject to the $8.10 limitation is $8.10 for Fiscal Year
2015-16. The City does levy costs for operation and maintenance of publicly owned Transit,
tort liability and other insurance, support of the public library, police and fire retirement, FICA
and IPERS and other employee benefits expenses in addition to the $8.10 general fund limit
as authorized by law. In addition, the City has not established an emergency fund levy for
Fiscal Year 2015-16. Debt service levies are not limited.
CITY FUNDS ON HAND (Cash and Investments as of June 30, 2016, in thousands)
City Operating Funds $146,429
City Restricted Funds 69.758
Total $216,187
11
CITY OF IOWA CITY, IOWA
LEVIES AND TAX COLLECTIONS
Last Ten Fiscal Years
(Cash basis of accounting)
(amounts expressed in thousands)
Source: Certificate of City Taxes and Johnson County Treasurer's Office
Note: This schedule is presented on a cash basis of accounting. Taxes are collected by the Johnson County Treasurer and
submitted to the City in the following month. Because of the month delay, some years will show Current Tar Collections in
excess of the Total Tax Levied.
I Delinquent tax collection is presented by collection year, rather than levy year, because information is not available from
Johnson County Treasurer by levy year.
12
Percent of
Total as
Collection
Total Tax
Current Tax
Levy
Delinquent Tax
Total Tax
a Percent of
Year
Levied.
Collections
Collected
Collections[
Collections
Levy
2007
39,094
38,947
99.6
13
38,960
99.7
2008
39,973
39,768
99.5
70
39,838
99.7
2009
43,168
43,118
99.9
18
43,136
99.9
2010
45,393
45,318
99.8
17
45,335
99.9
2011
47,789
47,826
100.1
8
47,834
100.1
2012
49,595
49,543
99.9
1
49,544
99.9
2013
50,407
50,139
99.5
3
50,142
99.5
2014
50,307
49,835
99.1
1
49,836
99.1
2015
51,609
51,292
99.4
3
51,295
99.4
2016
52,034
52,074
100.1
-
52,074
100.1
Source: Certificate of City Taxes and Johnson County Treasurer's Office
Note: This schedule is presented on a cash basis of accounting. Taxes are collected by the Johnson County Treasurer and
submitted to the City in the following month. Because of the month delay, some years will show Current Tar Collections in
excess of the Total Tax Levied.
I Delinquent tax collection is presented by collection year, rather than levy year, because information is not available from
Johnson County Treasurer by levy year.
12
Finance and Operating Report
For the City of Iowa City, Iowa
Pursuant to Securities and Exchange Commission Rule 15c2-12
Through the Fiscal Year Ended June 30, 2016
Financial and Operating Data
Water System Revenue
Sewer System Revenue
Parking System Revenue
and
Urban Renewal Area Revenue
To the extent not included in the City's Financial Statements, all information the City of
Iowa City has agreed to provide in its annual reports, as it relates to its outstanding Water
System Revenue, Sewer System Revenue, and Parking System Revenue debt, is included in
this report. Attached is additional Water System, Sewer System, and Parking
System information as required to be submitted under previous disclosure undertakings of
the City.
13
Revenue Bond Activity
Bond debt activity for business -type activities for the year ended June 30, 2016, was as
follows:
As of June 30, 2016, the following unmatured revenue bond issues are outstanding:
Wastewater Taxable Urban
Treatment Water Renewal
Original issue amount$ 57,380,000 $ 25,465,000 $ 2,655,000
Interest rates 3.0% to 5.0% 1.5% to 5.0% 1.0% to 3.9%
Annual maturities $ 505,000 to $ 380,000 to $ 130,000 to
$ 2,010,000 $ 835,000 $ 200,000
Amount outstanding $ 23,910,000 $14,510,000 $ 2,525,000
The City of Iowa City defeased the remaining $6,605,000 of its 2009 parking revenue bonds on
November 12, 2014 by prepaying all remaining outstanding bonds and interest from cash on
hand. The total defeased outstanding as of June 30, 2016 is $6,045,000. The total amount of
interest that was paid was $574,186. Liabilities for the defeased bonds are not included in the
City's financial statements.
On June 16, 2016, the City issued $9,360,000 of sewer revenue bonds for a current refunding
of $10,515,000 of sewer revenue bonds on July 1, 2016. As a result, the sewer revenue bonds
from that issue are considered to be defeased and the liability has been removed from the
financial statements. The refunding was undertaken to reduce total future debt service
payments. The result of the transaction is a reduction of $1,679,360 in future debt service
payments and an economic gain of $1,133,595.
On June 16, 2016, the City issued $3,650,000 of water revenue bonds for a current refunding
of $4,085,000 of water revenue bonds on July 1, 2016. As a result, the water revenue bonds
from that issue are considered to be defeased and the liability has been removed from the
financial statements. The refunding was undertaken to reduce total future debt service
payments. The result of the transaction is a reduction of $640,265 in future debt service
payments and an economic gain of $485,963.
14
Due Within
July 1, 2015
Issues
Retirements
June 30, 2016
One Year
Business -type activities:
General obligation bonds
$ 590,000
$
$ 295,000
$ 295,000
$ 295,000
Less: Unamortized
Discounts
-
-
-
-
-
Total general obligation bonds
590,000
295,000
295,000
295,000
Revenue bonds
44,950,000
13,010,000
19,540,000
38,420,000
5,090,000
Plus: Unamortized
Premium
616,903
1,144,715
229,957
1,531,661
229,957
Total revenue bonds
45,566,903
14,154,715
19,769,957
39,951,661
5,319,957
$ 46,156,903
$ 14,154,715
$ 20,064,957
$ 40,246,661
$ 5,614,957
As of June 30, 2016, the following unmatured revenue bond issues are outstanding:
Wastewater Taxable Urban
Treatment Water Renewal
Original issue amount$ 57,380,000 $ 25,465,000 $ 2,655,000
Interest rates 3.0% to 5.0% 1.5% to 5.0% 1.0% to 3.9%
Annual maturities $ 505,000 to $ 380,000 to $ 130,000 to
$ 2,010,000 $ 835,000 $ 200,000
Amount outstanding $ 23,910,000 $14,510,000 $ 2,525,000
The City of Iowa City defeased the remaining $6,605,000 of its 2009 parking revenue bonds on
November 12, 2014 by prepaying all remaining outstanding bonds and interest from cash on
hand. The total defeased outstanding as of June 30, 2016 is $6,045,000. The total amount of
interest that was paid was $574,186. Liabilities for the defeased bonds are not included in the
City's financial statements.
On June 16, 2016, the City issued $9,360,000 of sewer revenue bonds for a current refunding
of $10,515,000 of sewer revenue bonds on July 1, 2016. As a result, the sewer revenue bonds
from that issue are considered to be defeased and the liability has been removed from the
financial statements. The refunding was undertaken to reduce total future debt service
payments. The result of the transaction is a reduction of $1,679,360 in future debt service
payments and an economic gain of $1,133,595.
On June 16, 2016, the City issued $3,650,000 of water revenue bonds for a current refunding
of $4,085,000 of water revenue bonds on July 1, 2016. As a result, the water revenue bonds
from that issue are considered to be defeased and the liability has been removed from the
financial statements. The refunding was undertaken to reduce total future debt service
payments. The result of the transaction is a reduction of $640,265 in future debt service
payments and an economic gain of $485,963.
14
Revenue bond debt service requirements to maturity are as follows:
Fiscal Year Ending
Governmental Activities
Business -type
Activities
June 30
Principal
Interest
Principal
Interest
2017
$ 130,000
$ 74,035
$ 5,090,000
$ 1,503,102
2018
135,000
72,345
5,035,000
1,214,990
2019
135,000
70,185
5,250,000
1,016,303
2020
140,000
67,485
5,460,000
806,453
2021
140,000
64,545
5,360,000
592,246
2022-2026
760,000
267,955
12,225,000
1,050,416
2027-2031
885,000
139,280
-
2032-2036
200,000
7,800
Total $ 2,525,000 $ 763,630 $ 38,420,000 $ 6,183,510
The revenue bond ordinances required that wastewater treatment, water revenues, and urban
renewal tax revenues be set aside into separate and special accounts as they are received.
The use and the amounts to be included in the accounts are as follows:
Account Amount
(a) Revenue Bond and Interest Amount sufficient to pay current bond and interest maturities.
Sinking Reserve
(b) Revenue Debt Service Amount required to be deposited in the Revenue Bond and
Reserve Interest Reserve until the reserve fund equals: Water
Revenue and Taxable Urban Renewal Revenue bonds —
maximum debt service due on the bonds in any succeeding
fiscal year. Wastewater Revenue bonds — 125% of the
average principal and interest payments over the life of all
the Wastewater Revenue bonds.
(c) Improvement Reserve $20,000 per month until the reserve balance equals or
exceeds $2,000,000 for Wastewater Revenue bonds and
$5,000 per month until the reserve balance equals or
exceeds $450,000 for Water Revenue bonds, with no further
deposits once the minimum balance is reached. If the
reserve falls below the required minimum, monthly transfers
in the aforementioned amounts will resume.
In fiscal year ended June 30, 2016, the Wastewater Treatment Fund had net revenue of
$6,168,000 and the amount of principal and interest due was $4,695,000. In fiscal year ended
June 30, 2016, the Water Fund had net revenues of $3,936,000 and the amount of principal
and interest due was $2,294,000.
16
Summary of Bond Issues
General obligation and revenue bonds payable at June 30, 2016, are comprised of the
following issues:
Date of Amount Interest
Issue Issued Rates
General Obligation Bonds:
Refinded Multi -Purpose (1) Oct. 2008
Multi -Purpose
June 2009
Multi -Purpose
Aug. 2010
Multi-purpose
June 2011
Refinded Muhi-Purpose and
2,210,000
Library Construction (2)
June 2011
Multi -Purpose
June 2012
Multi -Purpose
July 2013
Refunded Muhi-Purpose (3)
June 2014
Multi -Purpose
June 2015
Multi-purpose
June 2016
Multi-purpose
June 2016
Total General Obligation Bonds
Revenue Bonds:
Refnded Wastewater
Treatment Bonds (4)
Refinded Wastewater
Treatment Bonds (5)
Refinded Wastewater
Treatment Bonds (6)
Refinded Wastewater
Treatrrinnt Bonds (7)
Refunded Water Bonds (8)
Refunded Water Bonds (9)
Refunded Water Bonds (10)
Refunded Water Bonds (11)
Taxable Urban Renewal
Total Revenue Bonds
Final Outstanding
Maturity June 30, 2016
17,005,000
3.0-3.75
6/18
$ 3,055,000
6,685,000
2.5-4.0
6/19
2,210,000
7,420,000
2.0-2.75
6/20
3,115,000
7,925,000
2.0- 3.625
6/21
3,940,000
10,930,000
2.0- 3.625
6/21
6,235,000
9,070,000
2.0-2.25
6/22
5,680,000
7,230,000
1.0-2.0
6/23
5,750,000
11,980,000
2.0-3.0
6/24
8,870,000
7,785,000
2.0-2.25
6/25
7,090,000
8,795,000
2.0-3.0
6/26
8,795,000
610,000
2.0
6/17
610,000
$ 55,350,000
Date of Amount Interest Final Outstanding
Issue Issued Rates Maturity June 30, 2016
Oct. 2008
May 2009
Apr. 2010
24,280,000 3.0-5.0 7/22 $ 1,945,000
8,660,000 3.5-5.0 7/25 6,275,000
15,080,000 3.0-4.0 7/20
June 2016
9,360,000
3.0-4.0
7/21
Oct. 2008
7,115,000
3.0-4.375
7/24
May 2009
9,750,000
4.0-4.5
7/25
June 2012
4,950,000
1.5-2.1
7/22
June 2016
3,650,000
1.5 - 5.0
7/24
Nov. 2012
2,655,000
1.0-3.9
6/32
6,330,000
9,360,000
425,000
6,870,000
3,565,000
3,650,000
2,525,000
40,945,000
$ 96,295,000
(1) This bond issue refunded the April 1998, March 1999, and July 2000 General Obligation Bonds.
(2) This bond issue refunded the May 2002 General Obligation Bonds.
(3) This bond issue is an advance refunding of portions of the September 2006 and May 2007
General Obligation Bonds.
(4) This bond issue refunded the March 1996, May 1997, and January 1999 Wastewater Revenue
Bonds.
(5) This bond issue refunded the October 2000 Wastewater Revenue Bonds.
(6) This bond issue refunded the December 2001 and April 2002 Wastewater Revenue Bonds.
(7) This bond issue refunded the October 2008 Wastewater Revenue Bond.
(8) This bond issue refunded the May 1999 Water Revenue Bonds.
(9) This bond issue refunded the December 2000 Water Revenue Bonds.
(10) This bond issue refunded the October 2002 Water Revenue Bonds.
(11) This bond issue refunded the October 2008 Water Revenue Bonds.
Irl
CITY OF IOWA CITY, IOWA
SCHEDULE OF REVENUE BOND COVERAGE
Last Ten Fiscal Years
(amounts expressed in thousands)
Fiscal
Year
Net Revenue
Annual Debt Servicer
Ended
Available for
Ratio of
June 30
Revenue
Expenses'
Debt Service Principal
Interest
Total
Coverage
Parking Revenue
2007
5,035
2,973
2,062
335
626
961
2.15
2008
4,995
2,454
2,541
355
606
961
2.64
2009
5,630
3,024
2,606
370
584
954
2.73
2010'
5,509
3,149
2,360
390
504
894
2.64
2011
5,389
2,920
2,469
420
391
811
3.04
2012
4,945
3,034
1,911
500
339
839
2.28
2013
5,122
3,549
1,573
515
324
839
1.87
2014
5,365
2,969
2,396
530
308
838
2.86
2015'
5,620
3,828
1,792
540
254
794
2.26
2016
-
-
-
-
-
-
-
Wastewater Treatment Revenue'
2007
13,708
4,236
9,472
3,905
3,234
7,139
1.33
2008'
13,332
4,581
8,751
4,105
3,071
7,176
1.22
2009'
13,462
5,202
8,260
4,260
2,813
7,073
1.17
2010'
13,174
5,050
8,124
4,205
2,307
6,512
1.25
2011'
13,281
5,477
7,804
1,840
2,054
3,894
2.00
2012
13,175
5,663
7,512
4,615
1,693
6,308
1.19
2013
13,301
5,340
7,961
4,865
1,547
6,412
1.24
2014
12,835
5,708
7,127
3,250
1,428
4,678
1.52
2015
12,620
6,574
6,046
3,370
1,305
4,675
1.29
2016
12,681
6,513
6,168
3,520
1,175
4,695
1.31
Water Revenues
2007
9,220
5,356
3,864
915
1,268
2,183
1.77
2008'
9,258
5,348
3,910
955
1,229
2,184
1.79
2009'
8,833
5,726
3,107
995
1,171
2,166
1.43
20106
8,336
5,153
3,183
680
1,055
1,735
1.83
2011
8,354
5,464
2,890
1,110
902
2,012
1.44
20126
8,649
5,653
2,996
1,200
861
2,061
1.45
20136
9,342
6,348
2,994
845
758
1,603
1.87
2014'
8,613
5,818
2,795
1,335
650
1,985
1.41
2015
8,715
5,632
3,083
1,380
610
1,990
1.55
2016
9,323
5,387
3,936
1,715
579
2,294
1.72
Notes:
'Excludes depreciation and interest.
r Includes principal and interest of revenue bonds only.
3 Parking Revenue bonds ratio of "Net Revenue Available for Debt Service" to "Total Annual Debt Service"
is required to be at least 1.25.
' Wastewater Treatment Revenue bonds ratio of "Net Revenue Available for Debt Service" to "Total
Annual Debt Service" is required to be at least 1.10.
3 Water Revenue bonds ratio of "Net Revenue Available for Debt Service" to "Total Annual Debt Service"
is required to be at least 1.10.
' Refunded Revenue Bonds paid are excluded from the principal of Annual Debt Service.
Parking Revenue Bonds defeased are excluded from the principal and interest of Annual Debt Service.
17
Water System
The Water Division is comprised of five parts: Administration, Treatment Plant, Customer
Service, Distribution, and Public Information/Education. There are a total of 32.0 (FTE)
employees who work in the Water Division. This division serves about 74,200 people and has
about 25,200 customer water accounts. The average daily use for fiscal year 2016 was
approximately 5.46 million gallons per day (MGD). A peak flow of over 8.6 MGD was
experienced during the summer of 2012.
Water Sources: The primary source of water for the City is the alluvial aquifer collector wells
along the Iowa River. Four collector wells can provide approximately 10.5 MGD. Additional
sources include two Jordan aquifer wells which can provide 2.0 MGD; three Silurian aquifer
wells which can provide 1.0 MGD; a sand pit that can provide 1.0 MGD; a river intake that can
provide 3.0 MGD; for a total of approximately 16.7 MGD maximum capacity.
Water Treatment Processes: The facilities include one treatment plant (constructed in 2003)
located at 80 Stephen Atkins Drive. The plant is a surface water plant design that includes
aeration, lime softening (coagulation/flocculation/sedimentation), and granular activated carbon
filtration processes with fluoridation and free chlorination. The Grade IV Water Treatment
Facility houses an operations team that performs over 230 water quality tests per day in-
house and collects regulatory samples for testing at the University Hygienic Laboratory. This
testing ensures that Iowa City's drinking water meets all IDNR and EPA Safe Drinking Water
Act Standards.
Distribution System: The water flows through approximately 273 miles of water mains and
includes over 22,000 service connections. The distribution piping consists of cast iron, ductile
iron and plastic main that ranges in size from 2" to 30". The treatment plant site has effective
water storage capacity of 1.75 million gallons of water; in addition there are four remote ground
storage reservoirs (with pumping stations) that add up to remote effective storage capacity of
6.0 million gallons of water. The water system also provides for fire protection with
approximately 3,599 public and private hydrants located throughout the community.
Billing and Collections: Customers are billed monthly on a combined utility statement which
includes charges for sewer, water, solid waste, and curbside recycling. Under present City
policy and City ordinances, utility bills are due when received but contain a delinquency date
which provides 15 days for payment. If payment is not made in full within 22 days, a notice is
mailed which allows 25 calendar days before service is disconnected. The City's bad debt
write-offs have been less than 0.2% of gross revenues for the past three years.
18
Rates:
The following rates and charges were effective July 1, 2015.
Water Service Charge Minimums (includes up to the first 100 cubic feet (c.f.))
Meter Size
-5%
Meter Size
0%
Inches
Charae
Inches
Charge
5/8"
$7.07
2"
$24.41
3/4"
7.72
3"
45.11
1"
9.10
4"
78.69
1 1/2"
18.15
6"
158.33
Monthly Usage in excess of 100 cubic feet (c.f.)
101-3,000 $3.30 per 100 c.f.
3,001 and over $2.37 per 100 c.f.
Single Purpose Meter Charges
First 100 (c.f) Minimum Monthly Charge
Usage in excess of 100 cubic feet (c.f.) $3.30 per 100 c.f.
Changes in water rates over the last ten fiscal years:
2007
-5%
2008
0%
2009
0%
2010
0%
2011
0%
2012
0%
2013
0%
2014
0%
2015
5%
2016
5%
Water Svstem Customers by Classification: 1)
Classification
FY2012
FY2013
FY2014
FY2015 3)
FY2016
Residential
24,086
24,442
24,790
23,089
23,638
Commercial
1,489
1,491
1,491
1,409
1,415
Industrial
15
15
15
14
14
Other 2)
200
204
202
135
131
Total Meters
25,790
26,152
26,498
24,647
25,198
1) Meter information above represents the number of meters customers billed as of the end of the
fiscal year.
2) Other meters consist of rural, schools, government, churches, and City meters.
3) Implemented a new utility billing system during Fiscal Year 2015 which consolidated customers
with multiple meters.
19
Financial Information: The following table summarizes the results of operations for the Water
System for the fiscal years ended June 30, 2016, 2015, and 2014.
WATER SYSTEM
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET ASSETS
Last Three Fiscal Years
(amounts expressed in thousands)
Operating Revenues:
Charges for services
Miscellaneous
Total op emting revenues
Operating Expenses:
Personal services
Commodities
Services and charges
Depreciation
Total operating expenses
Operating income
Nonoperating Revenues (Expenses):
Gain (Loss) on disposal of capital assets
Op erating Grants
Interest income
Interest expense
Total nonoperating revenues (expenses)
Inwme before capital contributions
and transfers
Capital contributions
Transfers in
Transfers out
Change in net assets
Net Position, Beginning*
$ 9,134
$ 8,527
$ 8,443
17
13
16
9,151
8,540
8,459
3,115
2,495
2,692
578
1,121
1,199
1,694
2,016
1,927
5,387
5,632
5,818
2,295
2,250
2,181
7,682
7,882
7,999
1,469
658
460
8
(17)
11
2
6
172
175
154
(528)
(608)
(682)
(348)
(448)
(511)
1,121
210
(51)
674
581
2,049
985
348
990
(720)
(691)
(117)
2,060
448
2,871
65,103
64,655
63,274
Net Position, Ending $ 67,163 $ 65,103 $ 66,145
*The 2015 beginning balance was restated from implementation of GASB 68.
20
The following table summarizes the budget and actual figures for the Water System for the
fiscal year ended June 30, 2016 and the budget for the fiscal year ended June 30, 2017 on a
modified accrual basis.
WATER SYSTEM
BUDGET AND ACTUALS (MODIFIED ACCRUAL BASIS)
For the Year Ended June 30, 2016
(amounts expressed in thousands)
The following table summarizes the Water System funds on hand for the fiscal years ended
June 30, 2016, 2015, and 2014.
WATER SYSTEM
FUNDS ON HAND (CASH AND INVESTMENTS)
Last Three Fiscal Years
(amounts expressed in thousands)
2016 2015 2014
Operating Funds $ 8,481 $ 8,670 $ 8,939
Restricted and Designated Funds 5,026 4,964 4,801
Total Funds on Hand $ 13,507 $ 13,634 $ 13,740
21
FY17
Actual
Budget
Percentage
Budget
Charges for services
$
9,133
$
9,265
98.58%
$
8,926
Interest income
172
130
132.31%
171
Miscellaneous
26
17
152.94%
15
Bond sales
4,017
0.00%
Total Receipts
$
13,348
$
9,412
141.82%
$
9,112
Personal services
$
2,497
$
2,752
90.73%
$
2,777
Commodities
570
701
81.31%
661
Services and charges
2,389
2,606
91.67%
2,624
Capital outlay
468
2,081
22.49%
1,475
Transfer to capital project funds
706
846
83.45%
150
Debt service payments
2,335
2,294
101.79%
2,289
Total Disbursements
$
8,965
$
11,280
79.48%
$
9,976
The following table summarizes the Water System funds on hand for the fiscal years ended
June 30, 2016, 2015, and 2014.
WATER SYSTEM
FUNDS ON HAND (CASH AND INVESTMENTS)
Last Three Fiscal Years
(amounts expressed in thousands)
2016 2015 2014
Operating Funds $ 8,481 $ 8,670 $ 8,939
Restricted and Designated Funds 5,026 4,964 4,801
Total Funds on Hand $ 13,507 $ 13,634 $ 13,740
21
CITY OF IOWA CITY, IOWA
SALES HISTORY AND TOTAL WATER CHARGES
Last Ten Fiscal Years
Fiscal
Water Sales
Water System
Year
Cubic Feet Sold
Cbaraes
2007
261,072,632
8,414,310
2008
249,361,929
7,976,536
2009
234,804,167
7,497,903
2010
234,342,825
7,568,378
2011
236,838,370
7,661,898
2012
246,618,257
7,953,738
2013
254,616,773
8,194,467
2014
239,790,719
7,778,364
2015
240,423,612
8,161,522
2016
255,524,943
8,758,683
Sources:
City of Iowa City Revenue Department
22
Customer Name
Proctor & Gamble
Vets
Mercy Hospital
Campus Apartments
Mark IV Apts
Dolphin Lake Point (Rus properties Mngmt)
University of Iowa (Mayflower Apartments)
Iowa City Community School District
CCAL 100 Hawk Ridge Drive
Oaknoll Retirement Residence
Pollution Control
Roberts
Lear Corp
Seville Apartments
Total Water System Charges
Sources:
City of Iowa City Revenue Division
CITY OF IOWA CITY, IOWA
PRINCIPAL WATER SYSTEM CUSTOMERS
Current Year and Nine Years Ago
2007
Charges
Rank
Percentage
$ 635,147
1
7.55 %
138,495
2
1.65
75,140
3
0.89
38,298
5
0.46
45,574
8
0.54
62,170
6
0.74
-
-
N/A
-
-
N/A
-
-
N/A
-
-
N/A
68,315
4
0.81
54,615
7
0.65
44,200
9
0.53
35,448
10
0.42
$ 1,197,402
14.23 %
$ 8,414,310
23
2016
Charges
Rank
Percentage
S 673,690
1
7.69 %
104,250
2
1.19
64,349
3
0.73
61,112
4
0.70
53,473
5
0.61
50,139
6
0.57
46,061
7
0.53
43,465
8
0.50
39,301
9
0.45
37,955
10
0.43
-
-
N/A
-
N/A
-
N/A
-
N/A
$ 1,173,795
13.40 %
$ 8,758,683
Sewer System
The City of Iowa City operates a municipal Sewer Utility System consisting of approximately
300 miles of sanitary sewers, 18 sanitary sewer lift stations, and a wastewater treatment plant.
There are a total of 24.65 (FTE) employees who work in the Wastewater Division. This
division serves about 74,200 people and has about 25,100 customers. The system has 3
significant industrial users, 2 non -categorical and 1 categorical. The average daily treatment
plant flow for fiscal year 2016 was 10.48 million gallons per day (MGD).
The Wastewater Plant was constructed in 1990. The plant was upgraded in 2002 and
underwent another expansion in 2014. The City conducts all wastewater treatment at the
Wastewater Treatment Plant and controls operations of the system remotely through
supervisory control and data acquisition (SCADA) computer systems. The wastewater
treatment system design has a maximum daily treatment capacity of 43.30 MGD. The
Wastewater Treatment Division is currently in compliance with federal clean water standards.
Billing and Collections: Customers are billed monthly on a combined utility statement which
includes charges for sewer, water, solid waste, and curbside recycling. Under present City
policy and City ordinances, utility bills are due when received but contain a delinquency date
which provides 15 days for payment. If payment is not made in full within 22 days, a notice is
mailed which allows 25 calendar days before service is disconnected. The City's bad debt
write-offs have been less than 0.2% of gross revenues for the past three years.
Rates:
The following rates and charges were effective July 1, 2015.
Sewer Service Charge Minimum (includes up to the first 100 cubic feet (c.f.)) $8.15
Monthly Usage in excess of 100 cubic feet (c.f.) $3.99
Changes in sewer rates over the last ten fiscal years:
2007
8%
2008
0%
2009
5%
2010
0%
2011
0%
2012
0%
2013
0%
2014
0%
2015
0%
2016
0%
Number of Sewer System Customers:
24
Number of Sewer
Fiscal Year
System Customers
2012
23,529
2013
24,059
2014
24,389
2015
24,533
2016
25,085
24
Financial Information: The following table summarizes the results of operations for the Sewer
System for the fiscal years ended June 30, 2016, 2015, and 2014.
SEWER SYSTEM
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET ASSETS
Last Three Fiscal Years
(amounts expressed in thousands)
Total nonop erating revenues(expenses) (606) (834) (11,084)
Income before capital contributions
and transfers
Capital contributions
Transfers in
Transfers out
Change in net assets
757 410 (8,194)
3,839 1,370 7,422
195 239 26
(522) (190) (254)
4,269 1,829 (1,000)
Net Position, Beginning* 130,783 128,954 131,278
Net Position, Ending $ 135,052 $ 130,783 $ 130,278
*The 2015 beginning balance was restated from implementation of GASB 68.
25
2016
2015
2014
Operating Revenues:
Charges for services
$ 12,266
$ 12,189
$ 12,559
Miscellaneous
94
126
75
Total op erating revenues
12,360
12,315
12,634
Operating Expenses:
Personal services
2,808
2,136
2,001
Commodities
1,421
1,473
1,006
Services and charges
2,284
2,965
2,701
6,513
6,574
5,708
Depreciation
4,484
4,497
4,036
Total operating expenses
10,997
11,071
9,744
Operatingincome
1,363
1,244
2,890
Nonoperating Revenues (Expenses):
Gain (loss) on disposal of capital assets
-
1
(10,062)
Opemtinggmnts
-
21
62
Interest income
321
305
200
Interest expense
927
(1,161)
1,284
Total nonop erating revenues(expenses) (606) (834) (11,084)
Income before capital contributions
and transfers
Capital contributions
Transfers in
Transfers out
Change in net assets
757 410 (8,194)
3,839 1,370 7,422
195 239 26
(522) (190) (254)
4,269 1,829 (1,000)
Net Position, Beginning* 130,783 128,954 131,278
Net Position, Ending $ 135,052 $ 130,783 $ 130,278
*The 2015 beginning balance was restated from implementation of GASB 68.
25
The following table summarizes the budget and actual figures for the Sewer System for the
fiscal year ended June 30, 2016 and the budget for the fiscal year ended June 30, 2017 on a
modified accrual basis.
SEWER SYSTEM
BUDGET AND ACTUALS (MODIFIED ACCRUAL BASIS)
For the Year Ended June 30, 2016
(attmunts expressed in thousands)
The following table summarizes the Sewer System funds on hand for the fiscal years ended
June 30, 2016, 2015, and 2014.
SEWER SYSTEM
FUNDS ON HAND (CASH AND INVESTMENTS)
Last Three Fiscal Yeats
(amounts expressed in thousands)
2016 2015 2014
Operating Funds $ 18,210 $ 16,643 $ 17,417
Restricted and Designated Funds 9,460 9,861 9,975
Total Funds on Hand $ 27,670 $ 26,504 $ 27,392
26
FY17
Actual
Budget
Percentage
Budget
Charges for services
$
12,266
$
12,559
97.67% $
12,204
Interest income
321
331
96.98%
291
Miscellaneous
94
75
125.33%
94
Grants
1,163
366
317.76%
391
Bond sales
10,101
0.00%
2,025
Total Receipts
$
23,945
$
13,331
179.62% $
15,005
Personal services
$
2,194
$
2,240
97.95% $
2,265
Commodities
812
625
129.92%
701
Services and charges
3,113
3,149
98.86%
3,049
Capital outlay
1,733
7,679
22.57%
1,060
Transfer to capital project funds
500
500
100.00%
2,000
Debt service payments
4,752
4,695
101.21%
4,660
Total Disbursements
$
13,104
$
18,888
69.38% $
13,735
The following table summarizes the Sewer System funds on hand for the fiscal years ended
June 30, 2016, 2015, and 2014.
SEWER SYSTEM
FUNDS ON HAND (CASH AND INVESTMENTS)
Last Three Fiscal Yeats
(amounts expressed in thousands)
2016 2015 2014
Operating Funds $ 18,210 $ 16,643 $ 17,417
Restricted and Designated Funds 9,460 9,861 9,975
Total Funds on Hand $ 27,670 $ 26,504 $ 27,392
26
CITY OF IOWA CITY, IOWA
SALES HISTORY AND TOTAL SEWER CHARGES
Last Ten Fiscal Years
Fiscal
Sewer Sales
Sewer System
Year
Cubic Feet Sold
Charges
2007
315,199,203
11,084,369
2008
285,492,596
12,221,769
2009
276,455,246
12,499,949
2010
265,375,857
12,541,905
2011
280,303,237
12,748,695
2012
282,134,840
12,784,321
2013
285,472,392
12,883,641
2014
269,494,125
12,382,031
2015
266,830,947
12,278,153
2016
270,547,701
12,022,203
Sources:
City of Iowa City Revenue Department
27
CITY OF IOWA CITY, IOWA
PRINCIPAL SEWER SYSTEM CUSTOMERS
Current Year and Nine Years Ago
Total Sewer System Charges
Sources:
City of Iowa City Revenue Department
$ 11,084,369
28
$ 12,022,203
2007
2016
Customer Name
Chi
Rank
Percentaee
Charees
Rank
Pcrcentaee
University of laws
$ 2,173,296
1
19.61 %
$ 1,900,317
1
15.81 %
Proctor & Gamble
1,237,851
2
11.17
893,069
2
7.43
Iowa City Landfill
57,572
10
0.52
219,432
3
1.83
Vets Hosiptal
193,077
3
1.74
119,193
4
0.99
Mercy Hospital
124,590
5
1.12
102,693
5
0.85
Dolphin Lake Point (Rus Properties Mngmt)
102,653
6
0.93
76,609
6
0.64
University of Iowa Mayflower
68,318
8
0.62
73,827
7
0.61
Campus Apartments
90,091
7
0.81
72,228
8
0.60
CCAL 100 Hawk Ridge Drive
-
-
N/A
68,909
9
0.57
Mark N Apts
-
-
N/A
58,512
10
0.49
Roberts Dairy
130,549
4
1.18
-
-
N/A
Sheraton Hotel
60,021
9
0.54
-
N/A
$ 4,238,018
38.23 %
$ 3,584,789
29.82 %
Total Sewer System Charges
Sources:
City of Iowa City Revenue Department
$ 11,084,369
28
$ 12,022,203
Parking System
The Parking System currently consists of approximately 4,031 parking spaces located at
various parking facilities in the central business district of the City. The Parking Division of the
Transportation Services Department oversees the operation of parking garages, parking lots,
and on -street (metered) parking. Parking Division enforces parking regulation in the central
business district, while the Police Department enforces parking regulations in residential areas.
Recognizing that there is a high demand for parking in downtown Iowa City, Parking Services
promotes turnover of on -street metered parking spaces in the core of the downtown.
Customers with longer-term needs are encouraged to use the garages or on streets in outlying
areas. There are a total of 23.13 (FTE) employees who work in the Parking Division.
Parking System Utilization, Demand and Other Considerations: The City tracks Parking
System utilization by the hour in each of the cashiered facilities. During peak hours, the
occupancy rate regularly runs between 85% to 98% depending on the time of year and the
time of day. Peak hours for the Parking System are 10:00 am through 3:00 pm with high
occupancy rates regularly maintained through 5:30 pm daily.
In addition to hourly parking, the Parking System offers monthly permit parking. The Parking
System currently has 1,360 permit holders. The largest customer for the monthly permit
parking is the University of Iowa with 615 permits. There are currently over 1,100 people on
the Parking System's waiting lists for monthly permit parking.
In addition to monthly and permit parking, the Parking System has parking space contracts
with the Sheraton Hotel in the amount of $8,000.00 per month and with the Hotel Vetro in the
amount of $2,000.00 per month.
The City regularly evaluates parking demand. As development has continued to move south
of Burlington Street and the central business district, the need for additional spaces in this
area has increased. The Applied Real Estate Analysis ("AREA"), in conjunction with Desman
Associates, estimates that there is demand for 600 additional parking spaces in downtown
Iowa City. A recent update of demand based on upcoming developments shows a need of
650 additional spaces, an increase of 50 from the previous study. The underlying economic
growth and employment base of the City continues to contribute to increased demand. The
Harrison Street Parking Facility located on the 100 block of East Harrison Street is scheduled
to open April 2017. This facility will have 600 spaces for permit and visitor parking.
Parking System Rates and Charges: Rates for the Parking System are set by the City
Council. Parking System rates are reviewed annually. The rates vary by facility and the
hourly and monthly rates and charges as approved by the City Council are listed below by
facility. These rates include the most recent hourly rate adjustments that were approved by
the City Council on June 4, 2013 and became effective July 1, 2013 and the monthly permit
rate adjustments that were approved by the City Council on June 2, 2009 and became
effective July 1, 2009.
29
Parkins Facilities: The Parking System consists of 2 cashiered garages and 2 unattended
garages, as well as, various parking lots and on -street metered parking in the Central Business
District. The City completes regular visual inspections of the parking garages to evaluate
their current appearance and general condition. The garages are visually inspected for the
condition of the main structural elements (columns, girders, beams), parking decks, expansion
and control joints, and their coating systems. Based on the most recent inspections, all of the
Parking System's facilities are in excellent condition. All garages will continue to receive
routine inspections and maintenance. A description of each parking facility, their locations,
access, the number of spaces, monthly permits, and current rates are as follows:
Capitol Street Garage
Constructed 1980
Address 220 S. Capitol Street
Description Located on a parcel confined by Burlington Street to the south, Capitol
Street to the west, Clinton Street to the east and the Old Capitol Town
Center to the north.
Access This is a cashiered facility with two entry lanes off of Clinton Street; two
entry lanes off of Capitol Street; and four exit lanes onto Capitol Street.
Spaces 875
Monthly Permits 220
Rates Hourly $1.00 per hour, with first hour free
Monthly $80.00 per month
Changes in Capitol Street Garage rates over the last ten fiscal years
'2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
30
Hourly
Monthly
2007
25%
7%
2008
0%
0%
2009
0%
0%
2010
0%
7%
2011
0%
0%
2012
0%
0%
2013
0%
0%
2014`
33%
0%
2015
0%
0%
2016
0%
0%
'2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
30
Dubuque Street Garage
Constructed
1980
Address
220 S. Dubuque Street
Description
Located on a parcel confined by Burlington Street to the south, Dubuque
2008
Street to the west, Linn Street to the east and the Sheraton Hotel to the
0%
north.
Access
This is a cashiered facility with two entry lanes off of Dubuque Street; one
2010
entry lanes off of Linn Street; and two exit lanes onto Dubuque Street.
Spaces
625
Monthly Permits
310
Rates
Hourly $1.00 per hour, with first hour free
0%
Monthly $80.00 per month
Changes in Dubuque Street Garage rates over the last ten fiscal years:
*2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
Chauncey Swan Garage
Constructed 1993
Address 415 E. Washington Street
Description Located on a parcel confined by College Street to the south, Van Buren
Street to the east, Gilbert Street to the west and Washington Street to the
north.
Access This is an automated facility with one entry/exit lane off of College Street;
one entry/exit lane off of Washington Street; and one entry/exit lane
through the Recreation Center parking lot onto Burlington Street.
Spaces 475
Monthly Permits 380
Rates Hourly $0.75 per hour
Monthly $80.00 per month
Changes in Chauncey Swan Garage rates over the last ten fiscal years:
Hourly
Monthly
2007
25%
8%
2008
0%
0%
2009
0%
0%
2010
0%
23%
2011
0%
0%
2012
0%
0%
2013
0%
0%
2014*
33%
0%
2015
0%
0%
2016
0%
0%
*2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
Chauncey Swan Garage
Constructed 1993
Address 415 E. Washington Street
Description Located on a parcel confined by College Street to the south, Van Buren
Street to the east, Gilbert Street to the west and Washington Street to the
north.
Access This is an automated facility with one entry/exit lane off of College Street;
one entry/exit lane off of Washington Street; and one entry/exit lane
through the Recreation Center parking lot onto Burlington Street.
Spaces 475
Monthly Permits 380
Rates Hourly $0.75 per hour
Monthly $80.00 per month
Changes in Chauncey Swan Garage rates over the last ten fiscal years:
31
Hourly
Monthly
2007
20%
9%
2008
0%
0%
2009
0%
0%
2010
0%
17%
2011
0%
14%
2012
0%
0%
2013
0%
0%
2014
25%
0%
2015
0%
0%
2016
0%
0%
31
Tower Place Garage
Constructed
2001
Address
335 E. Iowa Avenue
Description
Located on a parcel confined by Iowa City Senior Center to the south,
2008
Gilbert Street to the east, Linn Street to the west and Iowa Avenue to the
0%
north.
Access
This is a cashiered facility with two entry lanes off of Iowa Avenue; three
2010
exit lanes onto Iowa Avenue; and secured permit -only entry and exit off of
Gilbert Street.
Spaces 510
Monthly Permits 210
Rates Hourly $1.00 per hour, with first hour free
Monthly $80.00 per month
Changes in Tower Place Garage rates over the last ten fiscal years
'2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
On -Street Parking Meters: The City operates short-term meters (1-2 hours) concentrated in the
core of the downtown. These meters are intended for shopper's use. Each parking meter dial states
the maximum time. Longer term meters become more common away from the core downtown area.
Meters 1,174
Rates Hourly $0.75 - $1.50 per hour based on proximity to the central
business district and usage.
Parking Lots: The City operates seven parking lots in the Central Business District. They consist
of a mix of permit spaces and metered spaces.
Spaces 371
Monthly Permits 150
Rates Hourly $0.75 - $1.50 per hour based on proximity to the central
business district and usage.
Monthly $60.00 per month
Moped Parking: FY12 saw the implementation of a parking permit program for mopeds, scooters,
and motorcycles. Spaces were designated throughout the Central Business District to
accommodate the use of mopeds and scooters while also removing them from parking in bicycle
racks.
Spaces 150
Total Annual Permits 735
Rates Annual $90.00 per year
32
Hourly
Monthly
2007
25%
7%
2008
0%
0%
2009
0%
0%
2010
0%
7%
2011
0%
0%
2012
0%
0%
2013
0%
0%
2014'
33%
0%
2015
0%
0%
2016
0%
0%
'2014 Hourly Rate increase from $0.75 to $1.00 but the first hour free also started in 2014
On -Street Parking Meters: The City operates short-term meters (1-2 hours) concentrated in the
core of the downtown. These meters are intended for shopper's use. Each parking meter dial states
the maximum time. Longer term meters become more common away from the core downtown area.
Meters 1,174
Rates Hourly $0.75 - $1.50 per hour based on proximity to the central
business district and usage.
Parking Lots: The City operates seven parking lots in the Central Business District. They consist
of a mix of permit spaces and metered spaces.
Spaces 371
Monthly Permits 150
Rates Hourly $0.75 - $1.50 per hour based on proximity to the central
business district and usage.
Monthly $60.00 per month
Moped Parking: FY12 saw the implementation of a parking permit program for mopeds, scooters,
and motorcycles. Spaces were designated throughout the Central Business District to
accommodate the use of mopeds and scooters while also removing them from parking in bicycle
racks.
Spaces 150
Total Annual Permits 735
Rates Annual $90.00 per year
32
Financial Information: The following table summarizes the results of operations for the Parking
System for the fiscal years ended June 30, 2016, 2015, and 2014.
PARKING SYSTEM
STATEMENT OF REVENUES, EXPENSES
AND CHANGES IN FUND NET ASSETS
Last Three Fiscal Years
(amounts expressed in thousands)
2016 2015 2014
Operating Rewnues:
Charges for services $ 5,438 S 5,502 $ 5,294
Miscellaneous 40 82 26
Total operating revenues 5,478 5,584 5,320
Operating Expenses:
Personal services
Commodities
Services and charges
Depreciation
Total operating expenses
Operating income
Nonoperating ReNvnues (Expenses):
1,781
1,465
1,530
578
106
141
1,304
2,257
1,298
3,663
3,828
2,969
808
798
800
4,471
4,626
3,769
1,007
958
1,551
Gain (loss) on disposal of capital assets 2,450 - -
Interest income 37 36 45
Interest expense - (77) (298
Total nonoperatingrevenues(expenses) 2,487 (41) (253)
Income before capital contributions
and transfers
Transfers in
Income before special item
Special item:
Payment to refunded bond escrow
Change in net assets
Net Position, Beginning*
3,494 917 1,298
19
3,494 917 766
(574)
3,494 343 1,317
17,737 17,394 16,960
Net Position, Ending $ 21,231 $ 17,737 $ 18,277
*The 2015 beginning balance was restated from implementation of GASB 68.
33
The following table summarizes the budget and actual figures for the Parking System for the
fiscal year ended June 30, 2016 and the budget for the fiscal year ended June 30, 2017 on a
modified accrual basis.
PARKING SYSTEM
BUDGET AND ACTUALS (MODIFIED ACCRUAL BASIS)
Charges for services
Interest income
M iscellaneous
Sale of assets
Total Receipts
Personal services
Commodities
Services and charges
Capital outlay
Interfund Loan Repayment
Total Disbursements
For the Year Ended June 30, 2016
(amounts expressed in thousands)
FY17
Actual Budget Percentage Budget
$
5,438
$
5,274
103.11%
$
5,512
37
28
132.14%
35
40
27
148.15%
79
5,503
5,500
100.05%
$
11,018
$
10,829
101.75%
$
5,626
$
1,543
$
1,708
90.34%
$
1,612
60
37
162.16%
31
1,601
1,605
99.75%
1,739
511
1,012
50.49%
509
221
221
100.00%
228
$
3,936
$
4,583
85.88%
$
4,119
The following table summarizes the Parking System funds on hand for the fiscal years ended
June 30, 2016, 2015, and 2014.
PARKING SYSTEM
FUNDS ON HAND (CASH AND INVESTMENTS)
Last Three Fiscal Yeats
(atnounts expressed in thousands)
2016 2015 2014
Operating Funds $ 10,944 $ 4,238 $ 5,674
Restricted and Designated Funds 387 386 1,921
Total Funds on Hand $ 11,331 $ 4,624 $ 7,595
34
Urban Renewal Area: CITY — UNIVERSITY PROJECT I
The City, acting under the authority of Chapter 403 of the Code of Iowa, has established an
urban renewal area designated as "City - University Project I Urban Renewal Area" (the "Urban
Renewal Area") designed to implement their comprehensive plan.
Description of CITY— UNIVERSITY PROJECT I Urban Renewal Plan/Area
On October 2, 1969, the Iowa City Council adopted Resolution No. 2157 approving the City -
University Project I Urban Renewal Plan (Project No. IA R-14) which plan has been modified
and amended from time to time (said plan, as amended, is hereinafter referred to as the
"Urban Renewal Plan" or "Plan").
The Urban Renewal Area is located in the heart of City's downtown. The northern edge of the
original area consists of part of Washington Street with the western edge consisting of the
eastern bank of the Iowa River. The southern edge consisted of a part of Court Street to the
eastern edge which ran to Linn Street. In 2001, the original urban renewal area was expanded
north to Iowa Ave, south to Prentiss Street and east to Gilbert Street. In 2012, the amended
urban renewal area was extended south of the existing boundaries. In 2016, the amended
urban renewal area was expanded to include a one block area bounded by Iowa Avenue on
the north, Van Buren Street on the East, Washington Street on the South and Gilbert Street on
the West. The original Urban Renewal Area is classified as a blighted area and does not have
a sunset or expiration date. The 2001 amended urban renewal area has, at a minimum, a
twenty year life and will expire after fiscal year 2023-24. The 2012 amended urban renewal
area is classified as a blighted area and does not have a sunset or expiration date. The 2016
amended urban renewal area will expire, at a minimum, twenty years from the calendar year
following the calendar year in which the City first certifies debt for the amended area.
The objectives of the Plan called for the City to undertake a program for the clearance and
reconstruction or rehabilitation to enhance and promote the economic development within the
Urban Renewal Area. Through the implementation of the Plan, the City's overall goal is to
develop and redevelop the Urban Renewal Area; to stimulate through public action and
commitments, private investment which creates employment and increases to the tax base
within the City.
In general, tax increment revenues from an Urban Renewal Area are determined annually by
multiplying the aggregate of all local taxes, excluding the portion of the overall tax rate
associated with debt service, physical plant and equipment and the instructional support
program levies applicable to the taxable valuation of all property within the Urban Renewal
Area, by the aggregate difference ("Tax Increment Valuation Available") between the current
taxable valuation and the original taxable valuation upon creation of the Urban Renewal Area.
In general, the original taxable valuation reflects the valuation upon creation of the Urban
Renewal Area (the "Frozen Base Valuation"). Johnson County (the "County") collects the real
estate taxes and distributes the Tax Increment Revenues to the City to use for repayment of
the urban renewal revenue bonds. Tax Increment Revenues are generally distributed by the
County to the City in the months of October and April of each calendar year.
35
TOP TAXPAYERS LOCATED WITHIN URBAN RENEWAL AREA
TaxoaVer
MIDWESTONE BANK
RBD IOWA CITY LLC
OC GROUP LC
PLAZA TOWERS LLC
MOEN, MARC B
FIRST NATIONAL BANK IOWA CITY
100-500 LLC
ICF LLC
CENTER CITY LLC
COURT STREET APARTMENTS LLC
Total
Classification
Financial Institution
Sheraton Hotel
Old Capital Mall
Residential & Comm. Condo Rentals
Residential & Comm. Condo Rentals
Financial Institution
Residential Condo Rentals
Residential & Comm. Condo Rentals
Residential & Comm. Condo Rentals
Residential & Comm. Condo Rentals
Taxable
Valuation
$ 12,902,535
11,579,832
8,968,986
8,087,115
7,491,452
6,906,951
6,795,112
6,660,466
6,414,733
6,037,026
$ 81,844,208
(1) The Total Taxable Valuation in the Urban Renewal Area for 1/1/2015 for fiscal year 2016-17 is $342,890,955.
36
FY2016/17
% of Total
Taxable Valuations (1)
3.76%
3.38%
2.62%
2.36%
2.18%
2.01%
1.98%
1.94%
1.87%
1.76%
23.87%
TAX INCREMENT TAX RATES
FY2009-10 FY2010-11 FY2011-12 FY2012-13 FY2013-14 (1)
Total City Tax Rate
$ 40.59569
$ 40.91519
$ 40.75369
$ 39.49917 $
38.63862
City Debt Service
(4.21934)
(4.43847)
(4.64901)
(4.44287)
(4.02965)
Iowa City CSD Debt Service
(0.78674)
(0.72701)
(0.74900)
(0.69729)
(0.63500)
Iowa City CSD PPEL
(1.67000)
(1.67000)
(1.67000)
(1.67000)
(1.67000)
Iowa City CSD ISPL
-
-
-
-
(0.12405)
Kirkwood Debt Service
(0.15908)
(0.18561)
(0.20000)
(0.20000)
(0.20000)
Johnson County Debt Service
(0.69680)
(0.59533)
(0.47402)
(0.62813)
(1.61074)
Tax Increment Tax Rate
$ 33.06373
$ 33.29877
$ 33.01166
$ 31.86088 $
30.36918
Iowa City Downtown SSMID (2)
Tax Increment Tax Rate in SSMID
FY2014-15(1) FY2015-16(1) FY2016-17(1)
$ 38.52756 $ 38.81115 $ 38.74878
(4.12963)
(3.92833)
(3.82846)
(0.59831)
(0.58612)
(0.55017)
(1.67000)
(1.67000)
(1.67000)
(0.08550)
(0.08991)
(0.07069)
(0.20000)
(0.27005)
(0.21003)
(2.05908)
(1.77673)
(2.00829)
$ 29.78504 $ 30.49001 $ 30.41114
2.00000 2.00000 2.00000 2.00000 2.00000
$ 33.86088 $ 32.36918 $ 31.78504 $ 32.49001 $ 32.41114
(1) Any urban renewal area created after April 24, 2012, will not be eligible to receive the benefits of the
local school district's instruction support levy (ISPL) tax revenues, unless the ISPL is necessary to pay principal
and interest on the urban renewal debt and the school passes a special resolution approving such use of the
revenues. Urban renewal debt incurred on or before April 24, 2012, may receive the benefit of ISPL tax
revenues for fiscal year 2013-14 and following only if the ISPL is necessary to pay principal and interest on the
urban renewal area debt and the city certifies to the school district by July 1 of each fiscal year, beginning
July 1, 2013. The school district must then pay those amounts during that fiscal year (Nov. 1 and May 1) back to
the City's urban renewal fund.
(2) In fiscal year 2012-13, the City created a Self Supporting Municipal Improvement District (SSM ID) within a
portion of the Urban Renewal Area. The tax levy for the SSMID increases the tax increment rate but is only
applied to certain properties when the County is apportioning the tax increment revenue request.
37
HISTORICAL AND PROJECTED TAXABLE VALUATIONS WITHIN THE URBAN RENEWAL AREA
(1) Total taxable valuation available for certification will decrease in fiscal year 2024-25 due to the retirement of the tax increment
of the 2001 Amended portion of the Urban Renewal Area. Total taxable value increased in fiscal year 2013-14 due to 2012
Amended Area of the Urban Renewal Area.
(2) Taxable value frozen base decreases due to commercial and industrial rollback amounts starting in fiscal year 2014-15 and
multi -residential rollback amounts starting in fiscal year 2016-17.
38
Taxable
Total
Taxable
Taxable
New Taxable
New Taxable
Valuation
Taxable
Assessment
Fiscal
Taxable
Value
Valuation
Valuation
Valuation
Available for
Valuation
Date
Year
Value 1
Frozen Base (2)
Available
Park to 201
Chauncv
Certification
Certified
1/1/2010
FY 2012
195,540,284
89,677,074
105,863,210
0
0
105,863,210
0
1/1/2011
FY 2013
199,993,156
90,475,486
109,517,670
0
0
109,517,670
3,925,401
1/1/2012
FY 2014
306,901,127
196,103,957
110,797,170
0
0
110,797,170
9,358,858
1/1/2013
FY 2015
316,944,391
178,306,881
138,637,510
2,880,000
0
141,517,510
16,477,686
1/1/2014
FY 2016
309,883,790
159,027,124
150,856,666
6,041,734
0
156,898,400
17,156,898
1/1/2015
FY 2017
336,428,957
147,479,758
188,949,199
6,461,998
0
195,411,197
25,360,541
1/1/2016
FY 2018
336,428,957
147,479,758
188,949,199
6,461,998
0
195,411,197
6,818,061
1/1/2017
FY 2019
336,428,957
147,479,758
188,949,199
6,461,998
0
195,411,197
19,378,918
1/1/2018
FY 2020
336,428,957
147,479,758
188,949,199
6,461,998
0
195,411,197
19,454,549
1/1/2019
FY 2021
336,428,957
147,479,758
188,949,199
6,461,998
16,345,771
211,756,968
19,357,873
1/1/2020
FY 2022
336,428,957
147,479,758
188,949,199
6,461,998
30,128,234
225,539,431
51,148,198
1/1/2021
FY 2023
336,428,957
147,479,758
188,949,199
6,461,998
30,128,234
225,539,431
50,081,812
1/1/2022
FY 2024
336,428,957
147,479,758
188,949,199
6,461,998
30,128,234
225,539,431
48,842,135
1/1/2023
FY 2025
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
47,761,939
1/1/2024
FY 2026
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
46,836,291
1/1/2025
FY 2027
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
41,784,853
1/1/2026
FY 2028
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
37,662,679
1/1/2027
FY 2029
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
37,403,892
1/1/2028
FY 2030
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
37,283,048
1/1/2029
FY 2031
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
37,135,241
1/1/2030
FY 2032
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
37,122,910
1/1/2031
FY 2033
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
30,163,289
1/1/2032
FY 2034
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
30,181,374
1/1/2033
FY 2035
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
30,174,798
1/1/2034
FY 2036
238,069,229
105,456,210
132,613,019
6,461,998
30,128,234
169,203,251
30,143,559
(1) Total taxable valuation available for certification will decrease in fiscal year 2024-25 due to the retirement of the tax increment
of the 2001 Amended portion of the Urban Renewal Area. Total taxable value increased in fiscal year 2013-14 due to 2012
Amended Area of the Urban Renewal Area.
(2) Taxable value frozen base decreases due to commercial and industrial rollback amounts starting in fiscal year 2014-15 and
multi -residential rollback amounts starting in fiscal year 2016-17.
38
TAI( INCREMENT CASH FLOW AND ANTICIPATE DEBT COVERAGE
(1) Total taxable valuation available for certification will decrease in fiscal year 2024-25 due to the retirement of the tax increment of the 2001 Amended portion of the Urban Renewal Area.
(2) The tax increment ate in fiscal year 2013.14 reflects the loss of the local school district's instruction support levy IISPLI of $.12405 due to recent legislative changes.
TIF tax rate does not Include the SSM ID levy ate of $2.00 per $1,000 of value. Starting 1n fiscal year 2012-13, a portion of the taxable valuation certified will be at the higher rate
due to Its location in the SSMI D.
(3) The available tax increment revenues do not reflect an estimate for the portion of the available valuation that would be taxed at the higher SSMID rate.
(4) The balance Includes TIF reserve fund of $207,845.
41;1
Taxable
Valuation
Taxable
Available
Certified
2012D TIF
2016E TIF
Other
Total
Annual
Ending
Available
Requested
Assessment
Fiscal
Available for
Valuation
TIF
Tax Increment
Tax Increment
Other
Total
Revenue
Revenue
TIF
TIF
Surplus/
Cash
Debt
Debt
Data
Year
Certification 111
Certified
Tax Rate tel
Revenuest3l
Revenues
Revenues
Revenues
Bands
Bonds
Debt
Debt
Deficit
Balance 4
Coves
Cov_ eave
1/1/2010
FY 2012
105,863,210
0
33.01166
3,494,720
0
0
0
0
0
0
0
0
662,510
n.a.
n.a.
1/1/2011
FY 2013
103,517,670
3,925,401
31.86088
3,489,329
128,072
31,795
159,867
0
0
159,867
159,867
0
662,510
n.e.
n.a.
1/1/2012
FY 2014
110,797,170
9,358,858
30.36918
3,364,819
289,650
148
289,798
75,335
0
214,315
289,650
148
662,658
44.66
1.55
1/1/2013
FY 2015
141,517,510
16,477,686
29.78504
4,215,105
502,339
5,090
507,429
75,335
0
427,004
502,339
5,090
667,748
55.95
1.05
1/1/2014
FY 2016
156,898,400
17,156,898
30.49001
4,783,834
532,776
2,434
535,210
205,335
0
172,256
377,591
157,619
825,367
23.30
1.00
1/1/2015
FY 2017
195,411,197
25,360,541
30.41114
5,942,677
805,965
0
805,965
204,035
0
307,715
511,750
294,215
1,119,582
29.13
1.00
1/1/2016
FY 2018
195,411,197
6,818,061
30.41114
5,942,677
207,345
0
207,345
207,345
0
0
207,345
0
1,119,582
28.66
1.00
1/1/2017
FY 2019
195,411,197
19,378,918
30.41114
5,942,677
589,335
0
589,335
205,185
384,150
0
589,335
0
1,119,582
10.08
1.00
1/1/2018
FY 2020
195,411,197
19,454,549
30.41114
5,942,677
591,635
0
591,635
207,485
384,150
0
591,635
0
1,119,582
10.04
1.00
1/1/2019
FY 2021
211,755,968
19,357,873
30.41114
6,439,771
588,695
0
588,695
204,545
384,150
0
588,695
0
1,119,582
10.94
1.00
1/1/2020
FY 2022
225,539,431
51,148,198
30.41114
6,858,911
1,555,475
0
1,555,475
206,325
1,349,150
0
1,555,475
0
1,119,582
4.41
1.00
1/1/2021
FY 2023
225,539,431
50,081,812
30.41114
6,858,911
1,523,045
0
1,523,045
207,845
1,315,200
0
1,523,045
0
1,119,582
4.50
1.00
1/1/2022
FY 2024
225,539,431
48,842,135
30.41114
6,858,911
1,85,345
0
1,485,345
203,945
1,281,400
0
1,485,345
0
1,119,582
4.62
1.00
1/1/2023
FY 2025
169,203,251
47,761,939
30.41114
5,145,664
1,452,495
0
1,452,495
204,745
1,247,750
0
1,452,495
0
1,119,582
3.54
1.00
1/1/2024
FY 2026
169,203,251
46,836,291
30.41114
5,145,664
1,424,345
0
1,424,345
205,095
1,219,250
0
1,424,345
0
1,129,582
3.61
1.00
1/1/2025
FY 2027
169,203,251
41,784,853
30.41114
5,145,664
1,270,725
0
1,270,725
204,975
1,065,750
0
1,270,725
0
1,119,582
4.05
1.00
1/1/2026
FY 2028
169,203,251
37,662,679
30.41114
5,145,664
1,145,365
0
1,145,365
204,365
941,000
0
1,145,365
0
1,119,582
4.49
1.00
1/1/2027
FY 2029
169,203,251
37,403,892
30.41114
5,145,664
1,137,495
0
1,137,495
203,245
934,250
0
1,137,495
0
1,119,582
4.52
1.00
1/1/2028
FY 2030
169,203,251
37,283,048
30.41114
5,145,664
1,133,820
0
1,133,820
206,770
927,050
0
1,133,82D
0
1,119,582
4.54
1.00
1/1/2029
FY 2031
169,203,251
37,135,241
30.41114
5,145,664
1,129,325
0
1,129,325
204,925
924,400
0
1,129,325
0
1,119,582
4.56
1.00
1/1/2030
FY 2032
169,203,251
37,122,910
30.41114
5,145,664
1,128,950
0
1,128,950
207,800
921,150
0
1,128,95D
0
1,119,582
4.55
1.00
1/1/2031
FY 2033
169,203,251
30,163,289
30.41114
5,145,664
917,300
0
917,300
0
917,300
0
917,300
0
1,119,582
5.61
1.00
1/1/2032
FY 2034
169,203,251
30,181,374
30.41114
5,145,664
917,85D
0
917,850
0
917,850
0
917,850
0
1,119,582
5.61
1.00
1/1/2033
FY 2035
169,203,251
30,174,798
30.41114
5,145,664
917,650
0
917,650
0
917,65D
0
917,650
0
1,119,582
5.61
1.00
1/1/2034
FY 2036
169,203,251
30,143,559
30.41114
5,145,664
916,700
0
916,700
0
916,700
0
916,700
0
1,119,582
5.61
1.00
(1) Total taxable valuation available for certification will decrease in fiscal year 2024-25 due to the retirement of the tax increment of the 2001 Amended portion of the Urban Renewal Area.
(2) The tax increment ate in fiscal year 2013.14 reflects the loss of the local school district's instruction support levy IISPLI of $.12405 due to recent legislative changes.
TIF tax rate does not Include the SSM ID levy ate of $2.00 per $1,000 of value. Starting 1n fiscal year 2012-13, a portion of the taxable valuation certified will be at the higher rate
due to Its location in the SSMI D.
(3) The available tax increment revenues do not reflect an estimate for the portion of the available valuation that would be taxed at the higher SSMID rate.
(4) The balance Includes TIF reserve fund of $207,845.
41;1
CITY OF IOWA CITY
QUARTERLY
INVESTMENT REPORT
October 1, 2016
to
December 31, 2016
Finance Department
Prepared by:
Brian Cover
Senior Accountant
OVERVIEW
The City of Iowa City's investment objectives are safety, liquidity and yield. The
primary objective of the City of Iowa City's investment activities is the
preservation of capital and the protection of investment principal. The City's
investment portfolio remains sufficiently liquid to enable the City to meet
operating requirements that cash management procedures anticipate.
In investing public funds, the City's cash management portfolio is designed with
the objective of regularly exceeding the average return on the six month U.S.
Treasury Bill. The Treasury Bill is considered a benchmark for riskless
investment transactions and therefore comprises a minimum standard for the
portfolio's rate of return. Since the city's investments are mostly between the six
month and twelve month range, the yield curve for the 12 month U.S. Treasury
Bill has been added to the chart. The rolling average return on the six-month
U.S. Treasury Bill for the prior 365 days was 0.46% and the 12 month rate was
0.61 %. The investment program seeks to achieve returns above this threshold,
consistent with risk limitations and prudent investment principles. The rate of
return on the City's entire portfolio for the quarter was 0.60%. (See exhibit A)
Investments purchased by the City of Iowa City for the second quarter of this
fiscal year had an average return of 0.72%. Rates on new investment purchases
in our operating cash portfolio for the second quarter were 17 basis points higher
than investments purchased at this time last year. The increase is due to the
longer maturity periods and higher interest rates of the new investments.
The federal funds rate is the interest rate at which banks lend to each other. In
the December 14th meeting of the Federal Open Market Committee, the decision
was made to raise the target range for the federal funds rate from % to %
percent. The stance of monetary policy remains accommodative, thereby
supporting some further strengthening in labor market conditions and a return to
2 percent inflation. (See exhibit B)
The quarterly investment report lists investments by fund, by institution, by
maturity date, and investments purchased and redeemed.
New official state interest rates setting the minimum that may be paid by Iowa
depositories on public funds in the 180 to 364 day range during this quarter were
0.05% in October, 0.05% in November, and 0.05% in December 2016.
i
City of Iowa City vs. 6 Month Treasury Bill
0.7 ._--_...___._..___.___.._......._...__._.__ _..-._..
0.6
0.5 _
0.4or
—0 City of Iowa City
rn —F6 Month T-bill
0.3 ,
—t-12 Month T-bill
am 0.2 ----
0.1
:i
0.0
OCG
EXHIBIT A
O�°C•�8
✓4�i.�9
70
O�a�2
Oea est
O� '7S
Ora
76
V
Interest Rate
-n
CD
(CD
I
C
(D
CITY OF IOWA CITY
INVESTMENTS ON HAND
DETAIL LISTING BY MATURITY DATE
31 -Dec -16
INSTITUTION
INVESTMENT PURCHASE MATURITY
INVESTMENT
INTEREST
NAME
TYPE
DATE
DATE
AMOUNT
RATE
IPAIT
IPAIT
27 -Sep -06'
$
1,312,750 00
022%
HILLS BANK
MONEY MRKT
30 -Mar -10
$
9,000,000.00
0.20%
WELLS FARGO
SAV
25 -Jul -12
$
14,500,344.17
0.15%
WELLS FARGO
SAV
14 -Apr -14
$
24,000,000.00
0.15%
US BANK
MONEY MRKT
22 -Jun -16
$
10,000,000.00
0.25%
UICCu
CD
22 -Jul -14
24 -Jul -19
$
2,600,000.00
2.01%
MIDWESTONE BANK
CD
29 -Apr -15
29 -Oct -17
$
1,000,000.00
1.02%
UICCU
CD
26 -Jun -15
25 -Jun -17
$
844,150.OD
0.95%
CR BANK & TRUST
CD
18 -Aug -15
18 -Aug -17
$
775,000.00
0.68%
MIDWESTONE BANK
CD
30 -Sep -15
30 -Sep -17
$
15,000,000.00
1.02%
WELLS FARGO SECURITIES
NOTE
20 -Nov -15
15 -May -18
$
499,510.00
1.04%
HILLS BANK
CD
16 -Dec -15
13 -Jan -17
$
2,000,000.00
1.00%
MIDWESTONE BANK
CD
11 -Jan -16
10 -Feb -17
$
2,000,000.00
0.91%
MIDWESTONE BANK
CD
04 -Mar -16
03 -Mar -17
$
450,000.00
0.90%
MIDWESTONE BANK
CD
04 -Mar -16
03 -Mar -17
$
2,030,221.00
0.91%
CBI BANK & TRUST
CD
05 -May -16
05 -May -17
$
2,000,000.00
0.82%
CBI BANK & TRUST
CD
O5 -May -16
12 -May -17
$
2,000,000.00
0.82%
CR BANK & TRUST
CD
24 -May -16
24 -May -17
$
2,000,000.00
0.92%
CR BANK & TRUST
CD
10Jun-16
12 -Jun -17
$
2,000,000.00
0.81%
FARMERS & MERCHANTS BANK
CD
17 -Jun -16
19 -Jun -17
$
2,000,000.00
0.76%
TWO RIVERS BANK
CD
18 -Jul -16
16 -Jan -17
$
2,000,000.00
0.59%
MIDWESTONE BANK
CD
27 -Jul -16
27 -Jan -17
$
2,000,000.00
0.57%
CR BANK & TRUST
CD
09 -Aug -16
09 -Feb -17
$
2,000,000.00
0.67%
CR BANK & TRUST
CD
24 -Aug -16
24 -Feb -17
$
2,000,000.00
0.78%
CR BANK & TRUST
CD
02 -Sep -16
03 -Mar -17
$
2,000,000.00
0.71%
MIDWESTONE BANK
CD
09 -Sep -16
10 -Mar -17
$
2,000,000.00
0.65%
MIDWESTONE BANK
CD
09 -Sep -16
17 -Mar -17
$
2,000,000.00
0.67%
CR BANK & TRUST
CD
13 -Sep -16
10 -Mar -17
$
2,000,000.00
0.70%
CR BANK & TRUST
CD
13 -Sep -16
17 -Mar -17
$
2,000,000.00
0.70%
IPAIT
CD
16 -Sep -16
17 -Mar -17
$
2,364,542.00
0.67%
IPAIT
CD
16 -Sep -16
19 -Sep -17
$
2,364,542.00
0.85%
IPAIT
CD
16 -Sep -16
16 -Mar -18
$
2,364,542.00
0.95%
IPAIT
CD
16 -Sep -16
17 -Sep -18
$
2,364,542.00
0.95%
IPAIT
CD
16 -Sep -16
18 -Mar -19
$
2,364,542.00
1.05%
IPAIT
CD
18 -Sep -16
15 -Sep -19
$
2,364,540.00
1.15%
CR BANK & TRUST
CD
30 -Sep -16
31 -Mar -17
$
2,000,000.00
0.75%
MIDWESTONE BANK
CD
13 -Oct -16
07 -Apr -17
$
2,000,000.00
0.63%
TWO RIVERS BANK
CD
13 -Oct -16
14 -Apr -17
$
2,000,000.00
0.85%
MIDWESTONE BANK
CD
21 -Oct -16
21 -Apr -17
$
2,000,000.00
0.66%
MIDWESTONE BANK
CD
03 -Nov -16
03 -May -17
$
2,000,000.00
0.65%
MIDWESTONE BANK
CD
03 -Nov -16
10 -May -17
$
2,000,000.00
0.67%
MIDWESTONE BANK
CD
03 -Nov -16
17 -May -17
$
2,000,000.00
0.69%
TWO RIVERS BANK
CD
10-Nov,16
10 -Nov -17
$
2,000,000.00
1.02%
MIDWESTONE BANK
CD
17 -Nov -16
17 -Nov -17
$
2,000,000.00
0.89%
MIDWESTONE BANK
CD
17 -Nov -16
27 -Nov -17
$
2,000,000.00
0.92%
MIDWESTONE BANK
CD
30 -Nov -16
01 -Dec -17
$
2,000,000.00
0.93%
MIDWESTONE BANK
CD
15 -Dec -16
21 -Dec -17
$
2,000,000.00
0.95%
TWO RIVERS BANK
CD
15 -Dec -16
15 -Dec -17
$
2,000,000.00
0.93%
TOTAL $154,199,225.17
CITY OF IOWA CITY
INVESTMENT ACTIVITY
FOR THE QUARTER ENDED DECEMBER 31, 2016
TOTAL REDEMPTIONS $ (27,083,900.00)
INVESTMENTS ON HAND AT 12/31/16 $154,199,225.17
INVESTMENT
PURCHASE
MATURITY
INVESTMENT
INTEREST
INSTITUTION
TYPE
DATE
DATE
AMOUNT
RATE
INVESTMENTS ON HAND AT 09/30/16
$153,199,225.17
PURCHASES 10/01/16 TO 12/31/16
MIDWESTONE BANK
CD
13 -Oct -16
07 -Apr -17
$
2,000,000.00
0.63%
TWO RIVERS BANK
CD
13 -Oct -16
14 -Apr -17
$
2,000,000.00
0.85%
WELLS FARGO
SAV
13 -Oct -16
$
2,000,000.00
0.15%
MIDWESTONE BANK
CD
21 -Oct -16
21 -Apr -17
$
2,000,000.00
0.66%
MIDWESTONE BANK
CD
03 -Nov -16
03 -May -17
$
2,000,000.00
0.65%
MIDWESTONE BANK
CD
03 -Nov -16
10 -May -17
$
2,000,000.00
0.67%
MIDWESTONE BANK
CD
03 -Nov -16
17 -May -17
$
2,000,000.00
0.69%
TWO RIVERS BANK
CD
10 -Nov -16
10 -Nov -17
$
2,000,000.00
1.02%
MIDWESTONE BANK
CD
17 -Nov -16
17 -Nov -17
$
2,000,000.00
0.89%
MIDWESTONE BANK
CD
17 -Nov -16
27 -Nov -17
$
2,000,000.00
0.92%
MIDWESTONE BANK
CD
30 -Nov -16
01 -Dec -17
$
2,000,000.00
0.93%
WELLS FARGO
SAV
09 -Dec -16
$
2,083,900.00
0.15%
MIDWESTONE BANK
CD
15 -Dec -16
21 -Dec -17
$
2,000,000.00
0.95%
TWO RIVERS BANK
CD
15 -Dec -16
15 -Dec -17
$
2,000,000.00
0.93%
TOTAL PURCHASES
$ 28,083,900.00
REDEMPTIONS 10/01/16 TO 12/31/16
UICCU
CD
O8 -Apr -16
07 -Oct -16
$
(2,000,000.00)
0.75%
WELLS FARGO SECURITIES
CD
16 -Oct -15
13 -Oct -16
$
(2,000,000.00)
0.57%
UICCU
CD
08 -Apr -16
14 -Oct -16
$
(2,000,000.00)
0.75%
FARMERS & MERCHANTS BANK
CD
16 -Oct -15
29 -Oct -16
$
(2,000,000.00)
0.50%
IPAIT
CD
05 -Feb -16
01 -Nov -16
$
(5,000,000.00)
0.66%
CBI BANK & TRUST
CD
16 -Oct -15
05 -Nov -16
$
(2,000,000.00)
0.62%
MIDWESTONE BANK
CD
10 -May -16
10 -Nov -16
$
(2,000,000.00)
0.62%
CBI BANK & TRUST
CD
16 -Oct -15
12 -Nov -16
$
(2,000,000.00)
0.62%
WELLS FARGO SECURITIES
NOTE
O8 -Dec -15
09 -Dec -16
$
(2,083,900.00)
0.78%
TWO RIVERS BANK
CD
18 -Mar -16
15 -Dec -16
$
(2,000,000.00)
0.82%
TWO RIVERS BANK
CD
21 -Jun -16
21 -Dec -16
$
(2,000,000.00)
0.61%
TWO RIVERS BANK
CD
25 -Mar -16
29 -Dec -16
$
(2,000,000.00)
0.82%
TOTAL REDEMPTIONS $ (27,083,900.00)
INVESTMENTS ON HAND AT 12/31/16 $154,199,225.17
CITY OF IOWA CITY
INVESTMENTS ON HAND
SUMMARY BY FUND
1213l/16 12/31/15
FUND INVESTMENT INVESTMENT
TYPE AMOUNT AMOUNT
ALL OPERATING FUNDS $146,000,344.17 $104,000,344.17
GENERAL OBLIGATION BOND FUND $ - $ -
BOND RESERVE FUND $ 8,198,881.00 $ 8,198,881.00
TOTAL $ 154,199,225.17 $ 112,199,225.17
CITY OF IOWA CITY
INVESTMENTS ON HAND
LISTING BY INSTITUTION
TOTAL $154,199,225.17 $112,199,225.17
12131/16
12/31/15
INSTITUTION
INVESTMENT
INVESTMENT
DEPOSITORY
NAME
AMOUNT
AMOUNT
LIMIT
BANK OF THE WEST
$
-
$
-
$
75,000,000.00
BANKER'S TRUST
$
-
$
-
$
20,000,000.00
CEDAR RAPIDS BANK & TRUST
$
16,775,000.00
$
12,775,000.00
$
20,000,000.00
FARMERS & MERCHANTS SAVINGS BANK
$
2,000,000.00
$
2,000,000.00
$
15,000,000.00
FIRST AMERICAN BANK
$
-
$
-
$
35,000,000.00
CBI BANK & TRUST
$
4,000,000.00
$
4,000,000.00
$
15,000,000.00
HILLS BANK & TRUST
$
11,000,000.00
$
11,000,000.00
$
25,000,000.00
IOWA PUBLIC AGENCY INVESTMENT TRUST
$
15,500,000.00
$
7,500,000.00
N/A
LIBERTY BANK
$
-
$
-
$
25,000,000.00
MIDWESTONE BANK
$
44,480,221.00
$
18,480,221.00
$100,000,000.00
I -WO RIVERS BANK
$
8,000,000.00
$
4,000,000.00
$
10,000,000.00
U OF I COMM CREDIT UNION
$
3,444,150.00
$
3,444,150.00
$
50,0130,000.00
US BANK
$
10,000,000.00
$
-
$
65,000,000.00
WELLS FARGO SECURITIES
$
499,510.00
$
6,597,153.43
NIA
WELLS FARGO BANK
$
38,500,344.17
$
42,402,700.74
$
50,000,000.00
WEST BANK
$
$
35,000,000.00
TOTAL $154,199,225.17 $112,199,225.17
CITY OF IOWA CITY IP5
MEMORANDUM
Date: January19, 2017
To: Geoff Fruin
From: Stefanie Bowers, Equity Director
Re: Social Justice & Racial Equity Fourth Quarter Update for 2016
Attached please find the fourth quarter Social Justice & Racial Equity Update for 2016. We are
transitioning the title from what was once referred to as the DIF (Diversity Implementation Form)
to this to be more consistent with the Council's seventh strategic goal "to advance social justice
and racial equity." Attached to the update is the fourth quarter update from the Police
Department for 2016.
Social Justice & Racial Equity
FOURTH QUARTER UPDATE (October— December 2016)
11
CITY OF IOWA CITY
UNESCO CITY OF LITERATURE
CITY OF IOWA CITY SOCIAL JUSTICE & RACIAL EQUITY
Accountability
October 10, the City Manager, Interim Police Chief, Police Captain and Equity Director met with Dr. Nicole
Novak, of the Institute for Social Research at the University of Michigan, to discuss her findings on a
Community 1D study. The study included surveying 51 Community ID users, 32 who have the Community ID
as their only or primary ID. Nineteen -percent of the primary ID users had successfully used the Community
1D to interact with police. Nobody reported having their Community ID rejected by the police.
October 21, 24, 25, representatives from the Neighborhood Centers of Johnson County, the Johnson
County Disproportionate Minority Contact Committee, Human Rights Commission, Community Police
Review Board and New Creations International Church participated on the interview teams for the semi-
finalist for the Police Chief position.
November 15, the Council passed a resolution put forth by the Human Resources Administrator that
amended the budgeted positions in the Police Department by temporarily adding two full-time police officer
positions. The City had two vacant police officer openings due to retirements and had four seats in the
Iowa Law Enforcement Academy to train officers. Three of the next four candidates on the rank and order
certified civil service hiring list for the position of Police Officer were Black/African-American, which
allowed the City to racially diversify its workforce.
November 10, the City Attorney' s Office and Human Rights Office participated in a continuing legal
education program at the University of Iowa Law School entitled "Racial Disparities in the Criminal Justice
System: Challenges and Opportunities in Iowa." The event was sponsored by the ACLU of Iowa and The
Journal of Gender, Race & Justice.
November 18, the Human Rights Office released its annual report on racial equity. The annual report
provides data on the racial demographics of youth and adult interactions with the Iowa City Police
Department, City board and commission members, and City staff.
December 13, the Human Rights, Police, Neighborhood Services, Accounting, Transit and Human Resources
Offices met to continue to review two current policies, procedures, programs or services, and one new
proposal for each listed department using the socio-economic and racial review toolkit pilot.
October 3, the Iowa City Police Department introduced a new outreach initiative entitled "Sit and Chat."
Sit and Chat is led by the Community Outreach Assistant for the Police Department who is available at the
Police Substation at Pepperwood Plaza, Monday -Friday from 5:30 p.m. - 6:30 p.m. to meet and chat with
community members.
October 25, A "Lunch & Learn: Conversations on Diversity" for current board and commission members
was held. University of Iowa College of Education Professor Katrina M. Sanders facilitated the discussion,
which is designed to increase cultural competency by exploring race relations throughout American history.
October and November, the Library hosted two "Great Stories Book Club" discussion groups at Elizabeth
Tate Alternative High School. Books discussed were "Buck" by M.K. Asante and "Absolutely True Diary of
a Part Tim Indian" by Sherman Alexie.
November 4, Jason Sole presented "From Prison to PhD: A Journey of Pain, Promise, and Protest." The
presentation chronicled his growth from three -time convicted felon to keynote speaker and gang trainer.
The event was held in Meeting Room A at the Iowa City Public Library, as part of the 2016 Witching Hour
Festival. The Library co-sponsored the festival that ran from November 4- 5.
November 9, the City Manager' s Roundtable was held with representatives from social justice and racial
equity organizations including the Center for Worker Justice for Eastern Iowa, Black Voices Project,
Coalition for Racial Justice, Community Police Review Board, Human Rights Commission, Johnson County
Disproportionate Minority Contact Committee and New Creations International Church In attendance. The
group discussed updates on the search for the next Police Chief, the advertising and marketing policies for
vacant positions by the City, the Social Justice and Racial Equity Grant, and the new online submittal form
for applying for City boards and commissions.
November 15, a City Council "Listening Post" was held in the lobby of the Senior Center. The listening
posts are attended by two council members at each event. Members of the community are encouraged to
stop by and meet with council members to discuss community topics and concerns.
November 16, the Human Rights Office presented at two of the University of Iowa' s Trio Student Support
Services classrooms. The Trio program is comprised of third year college students, who are from low
income families or are the first generation to attend college. The classrooms help prepare the students for
the workforce.
November 23, "Coffee with a Cop" was held at Bruegger' s on Riverside Drive. Residents are invited to join
their neighbors, friends and co-workers to discuss community issues with neighborhood police officers.
November 28, the Human Rights Office participated in a planning meeting for a conference being held in
March 2017 entitled "The Future of Black Iowa." The City of Iowa City is one of the co-sponsors of the
conference. The conference is intended to be an annual event with different themes of focus each year.
The focus for 2017 is health and education. Other sponsors include the University of Iowa Center for
Human Rights and the Black Law Students Association.
December 5, the City Manager and Equity Director attended a meeting to discuss next steps for diversity
and inclusion in the corridor in light of Diversity Focus ceasing operations after 11 years. The meeting was
organized by Mayor Ron Corbett of Cedar Rapids. Other participants included General Mills, ACT,
University of Iowa, Rockwell Collins and the City of Cedar Rapids. The event was held at the Kirkwood
Center for Lifelong Learning campus in Cedar Rapids.
d" I CITY O _IOWA CITY : SOCIAL JUSTICE & RACIAL EQUITY
Justice
November 15, at the City Council meeting, Mayor Pro—Tem Botchway delivered a statement on behalf of
the City Council in support of an inclusive community.
November 17, the Mayor issued a statement supporting a diverse and safe community.
November 21, Human Rights staff participated in the "Iowa City Area Immigration Law Practitioners,
Advocates and Service Providers" meeting. The group formed in November 2016 and meets monthly to
support Iowa City immigrant communities.
December 1, the Social Justice and Racial Equity Grant application form was released to the community.
The grant is specifically designed to advance social justice and racial equity. The City Council approved
$25,000 for fiscal year 2017. The grant has six priority service areas: education, building community,
housing, criminal justice, health and employment. The Human Rights Commission will review applications
and then forward recommendations to the City Council for final approval. Funding will be distributed by
June 2017.
December 6, the Council passed a resolution "Rejecting Intimidation and Supporting Safe Communities."
December 14, staff from the Human Rights Office and Neighborhood Services Department attended the
Refugee Assistance Discussion for Johnson County. The meeting was held at the First Presbyterian
Church. The meetings are a great opportunity for local advocates to network and share ideas for working
together to better meet the needs of all community members.
CITY OF IOWA CITY : SOCIAL JUSTICE 8 RACIAL EQUITY
Outreach
October 14, the Human Resources Department, with assistance from the Communications Office,
completed a video on "Applying for City Employment." The video explains the City's job posting and hiring
process.
October 17, the Police Department' s Community Outreach Assistant began soliciting volunteers to team
up with local youth for RAGBRAI 2017. The new program entitled "ICPD RAGBRAI" will join forces with the
Neighborhood Centers of Johnson County's Youth Off Road Riders cycling club to send 5-6 youth to
participate in the weeklong event.
October 21, the Library co-sponsored a presentation on "Fields of Opportunity: Records of African
American Excellence at the University of Iowa." The program included authors who contributed to Michael
and Lena Hill' s book "Invisible Hawkeyes" and another panel with reflections from former students about
their experiences at the University of Iowa during the Civil Rights era.
November 16, the Human Resources Department updated the language on the voluntary racial
demographics survey used on the City' s employment application form. Editing the language to be more
inclusive may encourage more applicants to respond to the voluntary survey so that the City is better able
to track this data and to analyze recruitment efforts.
December 7, the Iowa City Police Department visited with members of G! World at South East Junior High.
The officers were invited to answer questions and provide feedback to the group of 7`" and 8t' grade female
students. G! World is an award winning mentoring program aimed at empowering self -defined minority
females ages 12-18.
December 11, the Iowa City Police Department took local youth holiday shopping. Children were able to
shop with a police officer for necessity items and gifts for themselves, as well as special gifts for family
members. The event was organized as part of the annual "Shop with a Cop" program.
December 13, the Human Resources Department sent out a mass email with a link to an online survey for
community members and organizations to provide feedback on the City' s current policies for advertising
and promoting vacant employment positions.
December - the Library held four sessions with Iowa Workforce Development to assist displaced
International Automotive Components (IAC) workers to create a resume to use in upcoming job searches.
CITY OF IOWA CITY - SOCIAL JUSTICE & RACIAL EQUITY
Training
October 25, Human Rights staff participated in the Government Alliance on Racial Equity (GARE) workshop
on "Applying the Racial Equity Tool."
November 15, Human Rights staff participated in the Multicultural Initiatives Panel Discussion facilitated by
Dr. Sherry Watt, of the University of Iowa College of Education. The purpose of the panel was to speak with
doctoral -level students to explore how to create transformative multicultural initiatives that can be
implemented in the workplace or on college campuses.
December 5, Human Rights staff participated in "Change is Hard - Building the Skills & Competencies
Necessary to Improve Outcomes at Scale," sponsored by the My Brother' s Keeper Alliance and Strive
Together. The program provided concrete examples of how communities have identified and expanded
successes to improve outcomes.
TO:
Stefanie Bowers
FROM:
Acting Chief of Police Bill Campbell
RE:
DIF Reporting for ICPD — 4th Quarter 2016
DATE:
January 18, 2017
ICPD's DIF Reporting for the fourth quarter of 2016 is below.
COMMUNITY OUTREACH: Documentation of participation in any event, attended or presented, by a
Department member to a community member or organization.
36 ICPD Officers attended 297 events in the fourth quarter of 2016 totaling 476 hours and made contact
with approximately 9,502 community members.
On November 4, 2016, Iowa City Police Department Community Outreach Assistant Henri Harper was
inducted into the Iowa African American Hall of Fame. The ceremony, which was held in Des Moines,
Iowa, was attended by members of the Department and City Council. The ICPD was one of the sponsors
of the event.
On December 11, 2016, the Iowa City Police Department took local youth shopping for the holidays at
the Iowa City Wal-Mart. The shoppers were pre -selected to participate and will shop with a police
officer for necessity items and gifts for themselves, as well as special gifts for family members. This
event is part of the Iowa City Police Association's Shop with a Cop program. The children were able to
shop due to the generous donations of area residents and businesses. Officers, their families, and
civilian employees from the Iowa City Police Department, volunteer their time to shop and celebrate
with the children on this special day. Durham School Services provided transportation for the event.
Other highlights included "Coffee with a Cop" events, participation in a dodge ball tournament to
benefit Special Olympics of Iowa, construction work on a Habitat for Humanity house on Prairie du Chien
Road, City Manager's Roundtable, and attendance at various school sporting events.
COMMUNITY PRESENTATIONS: Documentation of any participation in a community presentation by a
Department member.
16 ICPD Officers participated in 59 community presentations in the fourth quarter of 2016, totaling 104
hours, and making contact with 2,793 community members.
DIF Reporting for ICPD — 4th Quarter 2016
This quarter included many ALICE active shooter training sessions; a police K-9 presentation to
elementary age children; a lab tour and presentation to a group of Kirkwood students on crime scene
evidence collection and processing; ICPD Youth Academy presentations; a number of "What Police Do"
sessions with preschoolers; a presentation on domestic violence to the Department of Corrections
Women's Iowa Domestic Abuse Program, and information provided at a Project Homeless Connect at
the Iowa City Recreation Center.
CULTURAL COMPETENCY TRAINING: Documentation of any training received by a Department member
involving cultural competency. Cultural competency training refers to training directed at the ability to
interact effectively with people of different cultures, ethnicity and socio-economic backgrounds.
Three ICPD Officers attended a 40 hour training session in St. Louis, Missouri, to become certified as
Crisis Intervention Team members.
PUBLIC EDUCATION EFFORTS ON RIGHTS: Documentation of any participation at an event, attended or
presented by a Department member, to a community member or organization where the focus is
education on an individual's rights.
The Neighborhood Response Officer conducted 5 training sessions entitled, "Know the Law," for 459
University of Iowa students.
COMMUNITY PARTNERSHIPS: Documentation of any partnership between the Department and
another community organization.
The Department worked with community partners that led to attendance at 93 events by 15 officers
who spent 119 hours with 1,286 community members.
The Department continues to partner with entities such as The Dream Center, Broadway Neighborhood
Center, DVIP, DMC, Diversity Roundtable and the Johnson County Attorney's Office.
These partnerships include:
• Iowa City Downtown District —To champion the Iowa City Downtown District as a progressive,
healthy, and culturally vibrant urban center of the region.
• Local Homeless Coordinating Board —The Local Homeless Coordinating Board is a community
collaboration dedicated to preventing homelessness in Johnson County, Iowa. The WET Shelter
sub -committee has successfully implemented a second annual temporary shelter to provide an
alternate housing option for the winter months. This alternate housing provides shelter for
individuals who are intoxicated or are otherwise ineligible to receive housing at Shelter House.
DIF Reporting for ICPD — 4th Quarter 2016
• The Downtown Liaison continues to represent the Iowa City Police Department and participate
in the White House's Data -Driven Justice Initiative. This is a coalition of city, county, and state
governments who have committed to using data -driven strategies to divert low-level offenders
with mental illness out of the criminal justice system and change approaches to pre-trial
incarceration.
• The ICPD continues to collaborate with the Iowa City Bike Library to repurpose abandoned
bicycles impounded by the Department. Instead of being auctioned or recycled as scrap metal,
the Iowa City Bike Library refurbishes some of the bicycles which are then lent out through their
organization. The remaining bicycles are collected by Working Bikes. Working Bikes is a non-
profit that rescues discarded bicycles and gives them new life by redistributing them in global
communities. During this quarter the Downtown Liaison worked with staff and the City Manager
to begin the process of amending part of the City Code which covers impounded bicycles. The
amendment will allow the police department and other City Staff to repurpose unclaimed
bicycles for community outreach with disadvantaged youth and adults.
• Johnson County Public Safety Leadership Academies, providing an avenue for area youth
interested in searching the possibility to become a police officer/firefighter/medic in Johnson
County via partnership with ICPD/ICFD/JCAS as well as the Iowa City Community School District,
Boy/Girl Scouts, Dream Catchers, Diversity Focus.
The Department also provided extra patrol on 1,007 occasions where criminal activity or safety
concerns had been identified.
DIF Reporting for ICPD — 4th Quarter 2016
Mediacom
January 11, 2017
Subject: Channel Lineup Changes
Dear City Official,
On or about January 23, 2017 Mediacom will be Launching Disney Jr. on channel 795 on the Family
Cable HO tier in your community. We will also be moving Sprout N from the Kids and Variety package to
the Family N.
If there are any questions, please call me at 319-395-9699 ext. 3164 or email
Igrasslev@mediacomcc.com .
Sincerely,
Lee Grassley
Senior Manager, Government Relations
Mediacom Communications Corporation
4010 Alexandra Drive Waterloo, IA 50702-6118
319-232-8800 Fax 319-232-7841
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Mediacom Communications Corporation
4010 Alexandra Drive Waterloo, IA 50702-6118
319-232-8800 Fax 319-232-7841
December 15, 2016
Page 1
MINUTES DRAFT
IOWA CITY AIRPORT COMMISSION
DECEMBER 15, 2016 — 6:00 P.M.
AIRPORT TERMINAL BUILDING
Members Present: Julie Bockenstedt, Minnetta Gardinier, A. Jacob Odgaard, Chris Ogren
Members Absent: Robert Libby
Staff Present: Michael Tharp, Eric Goers
Others Present: Matt Wolford, Todd Allyn, Ben Logsdon
RECOMMENDATIONS TO COUNCIL: (to become effective only after separate Council
action):
Recommend approving Storm Water Easement with MXTE LLC, pending approval by FAA.
DETERMINE QUORUM:
The meeting was called to order at 6:06 P.M. by Chairperson Odgaard.
APPROVAL OF MINUTES:
The minutes from the November 17 meeting were reviewed. Ogren moved to accept the
minutes of the November 17, 2016, meeting as presented. Bockenstedt seconded the
motion. The motion carried 4-0, Libby absent.
PUBLIC DISCUSSION:
None.
ITEMS FOR DISCUSSION/ACTION:
a. Westport Easement — Tharp began an overview of this request, noting that
page 81 of the pdf is the plat layout. He then showed Members, using the map,
just where the area under consideration is located. The request entails the
installation of a drainage pipe from the developer's site, across the Airport's land,
that will then drain into the detention basin that is behind Walmart. Tharp
continued, stating that the Airport essentially has to obtain approval from the FAA
before they can move forward with this request. He then responded to Member
questions, one of which included how the construction equipment would get to
and from this site. Members continued to discuss the land in this area and what
type of development might be considered in the future. The developer also
spoke to future development as he responded to Member questions and
concerns. Tharp noted that they have been working on an agreement and it
should be ready for review soon. Goers then briefly gave Members an overview
December 15, 2016
Page 2
of how they can proceed with this request at this point. Odgaard noted that his
only concern is the construction activity, which could affect Airport traffic and also
the farming operations in the area. Gardinier asked what the anticipated
timeframe is on the project. The developer noted that it would most likely be
around one week's time. If approved, the developer is hoping to be able to begin
the project in March. Members then discussed the timing issue of this request
and subsequent approval. The developer noted that it would be helpful for them
to know if this request will be granted or not, so that they can wrap up some
transactions having to do with their development. Members continued to voice
their concerns, with Odgaard asking if the runway would have to be closed at any
time. Tharp noted that this would not be necessary, that the project is small
enough in size that the equipment being used would not require a closing.
I. Consider a resolution recommending approval of an easement for a
storm water drain pipe;
U. Consider a resolution approving an agreement for access and work
related to installation of a storm water drain pipe — Resolutions were
not acted upon and instead the below motion was considered.
iii. Goers then spoke to the motion that the Commission would need to
make, in order to move this forward. Ogren moved to recommend that
the City Council approve the sale of the storm water easement
contingent on FAA approval and satisfaction of the Airport
Operations Specialist and City Attorney's Office. Odgaard seconded
the motion. The motion carried 4-0, Libby absent.
b. Airport Master Plan —Tharp stated that the final part of this process is to accept
the final Master Plan. He stated that the original contract was $329,800, and that
it was finalized at $329,699.25.
I. Consider a resolution accepting work as complete — Ogren moved to
consider Resolution #A16-28, accepting work as complete for the
Airport Master Plan update. Odgaard seconded the motion. The
motion carried 4-0, Libby absent. Goers stated that John Yapp from
the City was telling him that at some point the Airport would need to
change zoning, based upon the plan updates. This would then mean
reviving the Airport Zoning Commission, which he also briefly spoke to.
Members continued to speak to the needed zoning updates and why they
are needed now.
C. FAA/IDOT Projects: AECOM / David Hughes
I. Obstruction Mitigation — Todd Allyn with AECOM spoke to Members
regarding obstruction mitigation, noting that they have been back and
forth with the FAA on the scope of this.
ii. South Taxiway Extension — Allyn noted that the survey has been done
for this project and that they are starting the design work, with a spring
construction start planned.
W. North T -Hangar Restroom — Allyn stated that they need to document the
'low use' of this facility in order to be granted an exception. He added
that they have some camera footage that can be used to show this low
usage.
d. Airport Operations
December 15, 2016
Page 3
i. Strategic Plan — Implementation — Tharp stated that now that they have
the newly updated Master Plan, he would like to have the RFP for the
strategic plan on next month's agenda. Tharp gave Members a brief
overview of the strategic plan process and why the Airport began doing
this. Basically the strategic plan is short-term goals and objectives.
Ogren stated that she was under the impression that Tharp was going to
gather information from other airports of the same size and see how they
approach this. Gardinier stated that she thought Tharp was going to
identify someone locally who has done this type of work before. Ogren
stated that she would like to have more conversation around the strategic
planning process. The other Members agreed, stating that with their
Master Plan in place, they question the need for a strategic plan as well.
Gardinier agreed that the Master Plan is more long-term, whereas the
strategic plan is something that the Commission utilizes as they move
forward in the short-term. Members continued to question the strategic
plan process and Tharp responded, noting that since they need to look
outside the organization for a facilitator for this planning, there will be a
cost involved. Gardinier suggested David Rust, noting that he works with
non -profits and recently worked with Riverside Theater. Tharp again
noted reasons for using an RFP to come up with a facilitator and
Gardinier agreed, stating that it will help them understand what costs will
be involved. She suggested they prepare a draft RFP as soon as
possible, so that they can perhaps have feedback on it at the next
meeting. Tharp will prepare a draft RFP for Members to review and
provide feedback on.
ii. Budget — Tharp noted that the next topic could be part of both "Strategic
Plan -Implementation" and "Budget". He stated that he had a
conversation with one of the aircraft operation counting firms, and also
with the DOT's Office of Aviation, on what the Airport's plans are for
collecting traffic data. The DOT asked what the objective is of the actual
aircraft count. He noted that with his inquiries, he has found that it would
cost approximately $10,000 per camera to achieve this type of count. In
addition there would be some upfront costs to get such a system in place.
Tharp stated that the Commission would need to discuss this issue
further, looking at what the objectives are for gathering this information,
versus using what data they currently collect. Members continued to
discuss the reasons for collecting the data, noting that currently the
methods they are using are limited in their scope. The conversation kept
going back to cost and just what they are looking for by collecting such
information. Members suggested looking into having University of Iowa
engineering students help them in their efforts.
Bockenstedt stated that she had a question regarding the budget. On
page 105 of this month's packet, she questioned the total expenses on
the revised budget of 372,709 and the YTD, which shows 420,000. Tharp
noted that there was the expenditure of purchasing the hangar building
from Jet Air, which has skewed the numbers as they appear.
Bockenstedt also questioned the $7,000 expense. Tharp explained what
was behind this expense in getting power to a hangar. Bockenstedt then
questioned if they are over on the "Nursery" expenses, and Tharp
responded that actually they are $15,000 under. On page 92,
December 15, 2016
Page 4
Bockenstedt questioned the "Lost Reserve Payment" of $5,000. She
asked if this was a one-time payment, and Tharp responded, noting that
this is the Airport's portion for City insurance.
iii. Management — None.
e. FBO / Flight Training Reports
L Jet Air — Matt Wolford with Jet Air began with the monthly maintenance
reports. He noted that in November they basically transitioned from grass
equipment to snow removal. Light bulb replacement, trash pickup, and
repair of the men's restroom floor were some of the items mentioned.
Members asked if the restroom floor should be replaced any time soon,
and Wolford noted the condition it is in. Tharp added that the next time
they redo the floor, they should use the flooring they have in the lobby.
Looking at December, snow removal has been a major task. Members
spoke to runway braking and ice removal, with Wolford and Tharp
responding to concerns. Speaking to Jet Air, Wolford noted that they
have the foundation for the new hangar done, along with anchor bolts.
The next step would be to put the building together, which they hope to
begin later this week. This will take anywhere from four to six weeks to
complete. Continuing, Wolford noted that Jet Air has remained busy.
They currently bought another customs and border control Citation that
was decommissioned. This will be parted out for spare parts and sale of
engines, etc.
f. Commission Members' Reports — Gardinier stated that she attempted a flight
to Syracuse over Thanksgiving. She ended up parking the plane in Canton, Ohio
and driving to Syracuse.
g. Staff Report — Tharp reminded Members that he will be out of the office from
December 23 to January 2, 2017. He will be in the area, however, should
anyone need to contact him. Ogren asked if they should appoint a temporary
Secretary, in light of Libby's absences. Tharp stated that it would be a good idea
as he has some items that need signing. Members questioned Libby's absences
and Tharp stated that he would have a conversation with him regarding this. He
added that he was made aware of an absence for today's meeting. Ogren
moved to nominate Bockenstedt as temporary Secretary. Odgaard
seconded the motion. The motion carried 4-0, Libby absent.
SET NEXT REGULAR MEETING FOR:
The next regular meeting of the Airport Commission will be held on Thursday. January 19,
2017. at 6:00 P.M. in the Airport Terminal Building.
ADJOURN:
Ogren moved to adjourn the meeting at 8:15 P.M. Gardinier seconded the motion. The
motion carried 4-0, Libby absent.
December 15, 2016
Page 5
CHAIRPERSON
DATE
December 15, 2016
Page 6
Airport Commission
ATTENDANCE RECORD
2016
Key:
X = Present
X/E = Present for Part of Meeting
0 = Absent
O/E = Absent/Excused
NM = Not a Member at this time
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03/01/
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Gardinier
19
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Jose
03/01/
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16
M
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Chris Ogren
03/01/
X
X
X
X
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X
X
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X
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18
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A.Jacob
03101/
X
X
X
X
X
0/
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X
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X
X
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Odgaard
18
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Julie
03/01/
X
X
X
X
O/
X
X
X
X
0/
X
X
Bockenstedt
17
E
E
Robert Libby
03/21/
N
NM
NM
N
X
X
X
X
X
X
0
0
0/
20
M
M
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Key:
X = Present
X/E = Present for Part of Meeting
0 = Absent
O/E = Absent/Excused
NM = Not a Member at this time
0
MINUTES PRELIMINARY
HOUSING AND COMMUNITY DEVELOPMENT COMMISSION
DECEMBER 15,2016 — 6:30 PM
HARVAT HALL, CITY HALL
MEMBERS PRESENT: Peter Byler, Syndy Conger, Christine Harms, John McKinstry, Harry
Olmstead, Dorothy Persson, Emily Seiple, Paula Vaughan
MEMBERS ABSENT: Bob Lamkins
STAFF PRESENT: Kris Ackerson, Stan Laverman, Tracy Hightshoe, Sue Dulek
OTHERS PRESENT:
RECOMMENDATIONS TO CITY COUNCIL:
By a vote of 8-0 the Commission recommended that rooming houses with more than 10 units and
dwelling units owned by service providers providing support services to their resident clients
shall receive annual housing inspections.
By a vote of 8-0 the Commission recommended hiring a realtor to purchase land for affordable
housing. The bonds used to pay for the land will be repaid by future budgeted land banking
funds.
CALL MEETING TO ORDER:
Byler called the meeting to order at 6:30 PM.
APPROVAL OF THE NOVEMBER 17, 2016 MINUTES:
Persson moved to approve the minutes of November 17, 2016. Vaughan seconded the motion. A vote
was taken and the motion passed 7-0 (Conger not present for the vote).
PUBLIC COMMENT FOR TOPICS NOT ON THE AGENDA:
Ackerson suggested moving agenda items around so that Laverman can leave after his items.
RENTAL INSPECTIONS FOR SRO UNITS, ROOMING HOUSES, AND FRATERNITIES/SORORITIES:
Laverman noted that the Commission had asked for some data regarding inspections at SRO units as
well as houses that were owned by the social service provider as these units may be occupied by tenants
who are not familiar with how to file a housing complaint, if it should ever be necessary. He stated there
are 24 houses where the owner of the property also provides support services to the tenants. The
supportive services are usually for persons with disabilities or who have a chronic mental illness. In
addition, there are 92 properties that are considered rooming units, some of which Laverman stated
should not be in the every year inspection recommendation because there aren't that many rooms in
those houses. Laverman suggested doing annual inspections on anything over 10 units - 14 dwellings fall
in that category. So if they looked at the 24 houses that have the service owner providing services and
the 14 dwellings with more than 10 units that is a very manageable addition to their inspection schedule
each year.
Byler agreed that seemed reasonable and suggested the Commission recommend that these types of
rental properties get annual inspections rather an every other year.
Olmstead noted that the complaint the Commission heard a few months ago wasn't at a rooming house.
Hightshoe stated it would be covered because it was a dwelling owned by the service provider.
Housing and Community Development Commission
December 15, 2016
Page 2 of 6
Olmstead moved that rooming houses with more than 10 units and dwelling units owned by
service providers providing support services to their resident clients shall receive annual housing
inspections. Seiple seconded the motion.
A vote was taken and the motion carried 8-0.
CHALLENGES AND POSSIBLE INCENTIVES FOR HOMEBUILDERS
Byler noted this item was part of the Affordable Housing Action Plan and said he has had discussions
over the past couple weeks with some homebuilders. There is frustration with some of the hoops they
have to jump through and have said it is easier to build in communities other than Iowa City. Byler noted
that it would be too difficult to review all the Codes and compare them to other municipalities but if
specific items are known, perhaps they can be discussed.
Laverman suggested having the senior building inspector come to a meeting to address this issue
Hightshoe noted that she presented the Affordable Housing Strategies at the Planning and Zoning
Commission meeting. They discussed possible regulatory code and design changes. She stated she
periodically hears concerns from the development community about design requirements that make
affordable housing difficult. The Planning and Zoning Commission asserted that the design standards are
important because if they are sacrificed it impacts the neighborhoods and neighborhoods aren't designed
as well. Hightshoe stated she has told these developers if they could identify what specific requirement is
costing them more, such as certain materials or the number/size of windows, she would discuss with
Development Services.
Byler suggested the commission make an effort to gather information and then revisit it in the future and
perhaps form a subcommittee to seek solutions.
Persson suggested inviting speakers to discuss the topic.
Hightshoe noted that Development Services is looking at implementing a form based code and other
possible regulatory changes as stated in the Affordable Housing Strategies.
Byler asked who would want to serve on a subcommittee; volunteers included Vaughn, Seiple, Conger
and Byler.
AFFORDABLE HOUSING LOCATION SUITABILITY MODEL:
Per the commission's request, staff created two variants of the Affordable Housing Location Suitability
Model. One map uses the current methodology but has removed single units and duplexes, while the
others outline the current elementary school boundaries and data.
Byler noted that in the packet there is also a memo from the City Attorney providing background on the
development of the policy, and other memos from 2010 and 2011 from when the policy was created. He
stated that the original criteria is sound:
1. Not further burdening neighborhoods and elementary schools that already have issues related to a
concentration of poverty.
2. Having diverse neighborhoods in terms of a range of incomes.
3. Determining the views of the Iowa City Community School District (ICCSD) on affordable housing
Additionally in the memo are the seven factors used to create a map identifying those locations in which
City funds could be used to support new rental housing projects: 1) distance to existing assisted rental
housing (400 feet or approximately one city block from existing subsidized and assisted rental housing);
Housing and Community Development Commission
December 15, 2016
Page 3 of 6
2) elementary school mobility rate; 3) median household income; 4) change in residential sales price; 5)
crime density; 6) elementary school ITBS performance; 7) elementary school free and reduced lunch rate.
Byler believes that the first factor, distance to existing assisted rental housing (400 feet or approximately
one city block from existing subsidized and assisted rental housing), is somewhat subjective and just
made up to have a starting point. He stated he believes that 400 feet or approximately one city block from
existing subsidized and assisted rental housing is too restrictive and a city block with two units of
subsidized rental housing in not a detriment. Therefore the reason he wanted to see the data with single
family and duplexes exempt was to see how that first factor would be affected.
Ackerson stated he took out of the mix the single family unit properties and duplexes (any parcel that has
two units). The Commission discussed the maps and the difference between the maps with the single
family unit properties and duplexes and without. Ackerson noted that at the time of the creation of the
map they were unable to map housing density which is important because if there is a single unit on a city
block with single family dwellings around it is one out of ten homes, but if it is a condo unit, it could be one
out of 48 units in that same area. However they learned this week that all of the rental permits have the
parcel number attached so it is now more possible to address density.
Byler explained that the City Attorney has instructed the Commission to look at the three goals and then
apply the criteria to determine an affordable housing location model. Byler agreed that there shouldn't be
a group of single family homes all grouped together, but perhaps the first factor could use a percentage
(rather than area or feet) of density (i.e. the maximum percentage of density is ten percent).
Persson noted that in the Riverfront Crossings area the City agreed that ten percent of the units had to be
affordable so why not use ten percent for all areas.
Byler agreed and originally thought they should go with a neighborhood approach following the school
district maps, but now doesn't think that is the right approach.
Hightshoe suggested that Staff go back and use the density data from the rental permit and GIS software
and give a better overview using density criteria and not distance.
Seiple questioned if there have been any meetings with the school district regarding these maps and the
goals and factors. Hightshoe said there have not been specific conversations with the Superintendent,
noting that the model has not reduced concentrations of poverty, rather it prevents the City from adding to
existing concentrations of poverty, so they have achieved that goal.
Persson asked about the change in school district boundaries over time. Hightshoe said they do modify
the map every year based on school district changes.
Byler noted that the school district changes their maps based on minimizing busing and maximizing
walkability, not on balancing social economics at the elementary level.
The Commission discussed the school district boundaries and the map criteria.
Ackerson noted that people liked the current approach because it takes into account different factors that
don't have the same boundaries, which is difficult to do without GIS mapping. For example the boundary
of the median income map doesn't align with the school district boundaries.
McKinstry supports the goal that every neighborhood offer mixed housing, but that is a counter -cultural
message because people tend to choose to live by other people that are exactly like them. Having all the
data is very necessary to justify the plan moving forward.
Ackerson said there is now also new data (that other cities are using) that could be included in a new
model/map such as location to parks, transit stops, and other such options.
Housing and Community Development Commission
December 15, 2016
Page 4 of 6
Conger stated that the current model has not been in place very long and is leery of introducing a model
based solely on school district data.
Olmstead noted that when talking about affordable housing it is important to recognize the people that will
be renting houses and the need for things like transportation to get to their job and such. Therefore
having a map that shows the transit routes would be beneficial.
Ackerson will research the data and bring the list of data to the Commission for review and decision on
what the map criteria should be based on. Once the criteria are decided upon, Ackerson will add that data
into the map for review.
MEMO (9114116) FROM AFFORDABLE HOUSING COALITION TO CITY COUNCIL:
Seiple asked for this agenda item to discuss funding and land banking and what are the next steps.
Hightshoe said she talked with area affordable housing organizations and their recommendation was to
start looking for land once the City had $600,000 to $750,000 available to buy a few acres somewhere.
So that money will need to be accumulated. Then once the City has land that can be developed and
properly zoned, she doesn't feel there will be any problem finding a developer.
Byler asked whether there was any discussion of the City selling bonds to acquire the land so we don't
have to wait to accumulate the funds. Hightshoe said that has not been discussed in Council yet, but the
City maybe up to $450,000 if $200,000 is not applied to the FYI CDBG/HOME round. Staff will be
discussing at what point the City should hire a realtor and begin the process to identify possible sites.
Staff has had conversations with some landowners, but all is extremely preliminary.
Seiple recommended hiring a realtor to purchase land based on the expectation of buying the land
with bonds that are paid for by future budgeted land banking funds. Olmstead seconded the
motion. A vote was taken and the motion carried 8-0.
FY18 CDBG/HOME AND AID TO AGENCIES FUNDING TIMELINE:
Ackerson stated the first thing is the Aid of Agencies applications, they will be sent out tomorrow (the link
is already online). The timeline of the process is included in the Commissioners' packets.
Hightshoe noted that depending on when they receive their budget for HOME and CDBG, the
Commission may have to create a contingency allocation plan based on funds available.
ALTERNATIVE MEETING TIME AND/OR LOCATION:
With regards to location, Persson noted that some locations are harder to hear and that can be a problem
for the Commissioners as well as guests. It is best to meet in rooms where there are microphones,
especially if there are lots of people.
Ackerson said it would be nice to have one standard location so there isn't confusion and the Senior
Center is available at the current Thursday time. An issue with that space is the screen projection.
Persson asked about the Public Library spaces. Ackerson said those rooms are very popular for meetings
and it is hard to get a standing meeting scheduled in those rooms.
Ackerson suggested that the Commission could use Harvat Hall if they changed their meeting day to the
second Tuesday of every month.
Ackerson will email the Commission to see their preferences, and may need to update the bylaws of the
Commission.
Housing and Community Development Commission
December 15, 2016
Page 5 of 6
CORRESPONDENCE:
Olmstead shared a memo that was included in the meeting packet. No future discussion or information
was added.
STAFF/COMMISSION COMMENT
Ackerson mentioned that Charm Homes (who received FY16 funds) will not be proceeding with their
project so the $61,000 will be added into the CBDG fund for reallocation.
The City will be issuing a RFP from nonprofits to do energy efficiency projects in their facilities (lighting,
windows, heating/cooling). There will an information meeting regarding this after the New Year and they
will be applying for funds in January and February.
Ackerson noted commissioners are invited to the dedication to the Habitat Home on Prairie Du Chien (the
Pat Heiden Women Build home) on Saturday, December 17 at 10:00 a.m.
Hightshoe noted that the developer that is doing the affordable senior housing at Towncrest will have the
closing next week and the demolition permit has been received. Construction will start this spring.
Also, the Invest Health grant the City received is focusing on three neighborhoods (Town and Campus
Apartments, Hilltop Mobile Home Park, and Taylor/Broadway areas).
ADJOURNMENT:
Olmstead moved to adjourn. Persson seconded the motion. Meeting adjourned.
Housing and Community Development Commission
Attendance Record
Name
Terms Exp.
1/21
1/21
2/18
3/10
4/21
5/19
6/16
8/18
9/15
10/20
11/17
12/15
Byler, Peter
7/1/17
X
X
X
X
X
X
X
X
X
X
X
X
Conger, Syndy
7/1/18
X
X
X
O/E
X
O/E
O/E
X
X
X
X
X
Harms, Christine
7/1/19
---
---
---
---
---
X
X
X
X
X
X
X
Lamkins, Bob
7/1/19
X
X
X
X
O/E
X
O/E
O/E
X
O/E
X
O/E
McKinstry, John
7/1/17
---
---
---
---
---
X
X
O/E
O/E
X
X
X
Olmstead, Harry
7/1/18
X
X
X
X
X
X
X
X
X
O/E
j X
X
Persson, Dottie
7/1/17
X
X
O/E
X
O/E
X
X
X
X
X
X
X
Seiple, Emily
7/1/18
X
X
X
X
X
X
X
X
X
X
X
X
Vaughan, Paula
7/1/19
---
---
---
---
---
---
---
X
X
O/E
X
X
Key:
X
= Present
O
= Absent
O/E
= Absent/Excused
---
= Vacant
1 01-19-
IP9
Minutes DRAFT
Human Rights Commission
January 17, 2017
Metropolitan Planning Organization of Johnson County Office
Members Present:
Eliza Willis, Jeff Falk, Shams Ghoneim, Adil Adams, Kim Hanrahan, Joe D. Coulter, Barbara Kutzko,
Andrea Cohen.
Staff Present:
Stefanie Bowers.
Others Present:
Emily Bothell, Tracy Hightshoe, Henri Harper, David Schwindt, Michelle Hoehne, Carla Phelps, Rafael
Morataya, Tracey Achenbach.
Recommendations to City Council:
No.
Call to Order:
Ghoneim called the meeting to order at 5:30 pm.
Approval of December 20, 2016 Minutes:
Coulter moved to approve the minutes; the motion was seconded by Hanrahan. A vote was taken and the
motion passed 8-0.
Election of Officers for 2017:
Deferred to February 21, 2017 meeting date.
Hanrahan moved to defer; the motion was seconded by Coulter. A vote was taken and the motion passed
8-0.
Funding Request Night of 1000 Dinners:
The Night of 1000 Dinners is sponsored by the Johnson County Chapter of the United Nations
Association. This year, proceeds from the event will be donated to Adopt -a -Future, a project for refugee
schools in Kenya to prevent a lost generation.
Coulter moved to approve the funding request for $250; the motion was seconded by Kutzko. A vote was
taken and the motion passed 7-0. (Cohen abstained citing conflict of interest).
Social Justice and Racial Equity Grant Applications:
Commissioners discussed whether to allow public comment during the discussion of the applications.
Coulter moved to restrict any public comment by applicants , the motion was seconded by Willis. A vote
was taken and the motion failed 2-6. (Kutzko, Hanrahan, Adams, Falk, Willis, and Cohen in the
negative).
Willis moved to allow applicants to comment if Commissioners had questions concerning their
application; the motion was seconded by Adams. A vote was taken and the motion passed 6-2. (Ghoneim
and Coulter in the negative).
Commissioners discussed how to review the nine applications received for fiscal year 2017. Cohen
moved to review each application one by one; the motion was seconded by Adams. A vote was taken and
the motion passed 8-0.
The grants were discussed in the following order: Sankofa Outreach Connection, Inside Out Reentry, Inc.,
Successful Living, City of Iowa City Parks and Recreation Department, City of Iowa City with World of
Bikes, and Iowa City Bike Library, Johnson County Affordable Housing Coalition, and Center for
Worker Justice of Eastern Iowa.
United Action for Youth and Iowa Legal Aid were deferred to the Wednesday, January 25, 2017 meeting
date. The decision to defer allowed Commissioners to ask questions of those applicants that were present
at the meeting.
Each Commissioner will rank each application (1 being highest and 9 being lowest) in preparation for the
meeting on Wednesday, January 25, 2017. The ranking by each Commissioner will exclude the funding
amount requested. Budgetary considerations will be discussed after a majority of the Commission has
agreed on a ranking order for the applicants.
A meeting was set for Wednesday, January 25, 2017 from 5:15 — 7:15. Staff will arrange a meeting space
Adjournment: 7:30 PM.
Human Rights Commission
Attendance Record
Key
X = Present
O = Absent
O/E = Abseat/Excused
R = Resigned
--- = Vacant
TERM
2/16
3/15
4/18
5/17
6/21
7/7
7/19
8/16
9/20
10/18
11/15
12/20
1/17/
NAME
EXP.
16
16
16
16
16
16
16
16
16
16
16
16
17
Barbara
1/1/2020
---
---
--
---
--
---
--
—_
--
X
X
X
X
Kutzko
Jeff Falk
1/1/2020
--
--
---
--
---
D'Angelo
1/1/2020
---
--
--
--
--
__
—_
—
X
X
O/E
R
Bailey
Joe D. Coulter
1/1/2019
X
X
X
O/E
X
X
O/E
X
O/E
X
X
X
X
Adi1D.
1/1/2019
O
O/E
O
X
X
X
X
X
X
X
X
X
X
Adams
Eliza Jane
1/1/2019
O/E
X
X
X
X
X
X
X
X
X
X
X
X
Willis
Andrea Cohen
1/1/2018
X
X
X
X
X
X
X
X
X
X
X
O/E
X
Kim
1/1/2018
X
WE
X
X
X
X
X
O
X
X
X
X
X
Hanrahan
Shams
(/1/2018
X
X
X
X
X
X
X
X
X
X
O/E
X
X
Ghoneim
Key
X = Present
O = Absent
O/E = Abseat/Excused
R = Resigned
--- = Vacant