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2017-10-26 Info Packet
• wr®rm�� CITY OF IOWA CITY www.icgov.org City Council Information Packet October 26, 2017 IP1 Council Tentative Meeting Schedule Miscellaneous I132 Email from Mayor with copy of article: Ten rules for cities about automated vehicles I133 Information from Mayor Pro tem: Professor Paul Butler discussion of book "Choke Hold [Policing Black Men]" — November 6 I134 Memo from Interim NDS Director: Affordable Housing Action Plan Update IP5 Memo from Equity Director and Human Rights Coordinator: Social Justice and Racial Equity Third Quarter Update for 2017 IP6 Memo from Finance Director: Quarterly Financial Summary for Period Ending September 30, 2017 IP7 Quarterly Investment Report: July 1, 2017 — September 30, 2017 IPS Memo from City Clerk: Proposed Council Meeting Schedule, January — March 2018 IP9 Civil Service Entrance Examination: Customer Service Representative I1310 Invitation from Johnson County Affordable Housing Coalition: Housing First project — October 27 r L � .Gsa CITYIOWA CITY City Council Tentative Meeting Schedule IP1 Subject to change October 19, 2017 Date Time Meeting Location Monday, November 6, 2017 5:00 PM Work Session Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, November 21, 2017 5:00 PM Work Session Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, December 5, 2017 5:00 PM Work Session Emma J. Harvat Hall 7:00 PM Formal Meeting Tuesday, December 19, 2017 5:00 PM Work Session Emma J. Harvat Hall 7:00 PM Formal Meeting Saturday, January 6, 2018 B:OOA-S:OOP Budget Work Session Emma J. Harvat Hall Tuesday, January 9, 2018 1:0013-7:0013 Budget Work Session (CIP) Emma J. Harvat Hall Monday, January 22, 2017 4:00 PM Reception Coralville City Hall 4:30 PM Joint Entities Meeting 3 Kellie Fruehling IP2 From: Jim Throgmorton Sent: Tuesday, October 24, 2017 12:29 PM To: Council; Geoff Fruin Subject: FW: Check out Ten rules for cities about automated vehicles Fellow Council members and Geoff, At some point we need to begin discussing how we want to shape the forthcoming introduction of autonomous vehicles into our city. The link shown below presents Jeff Speck's current thinking about the matter. Mayor Jim Throgmorton Iowa City City Council, At -Large From: James Throgmorton Uthrogmo@yahoo.com] Sent: Monday, October 23, 2017 11:21 AM To: Jim Throgmorton Subject: Check out Ten rules for cities about automated vehicles www.enu.org/publicsquarC/2017/1o/i6/ten-rules-cities-about-automated-vehicles Ten rules for cities about automated vehicles I CNU Page 1 of 15 A Ford promotional image for automated vehicles. TRANSPORTATION (/PUBLICSQUARE/CATEGORY/TRANSPORTATION) Ten rules for cities about automated vehicles Traditional urbanism evolved over millennia to meet human needs. The adoption of AVs should not be allowed to replace time -tested places with something that would probably make our lives worse. JEFF SPECK (/node/6616) OCT. 16, 2017 https://www.enu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 2 of 15 (http://www.facebook.com/sharer/sharer.php?u=https% 3A//www.cnu.org/node/6617&title=Ten%20rules%20for%20cities%20about% 20automated%20vehicles%20) 4 (http://twitter.com/intent/tweet?status=Ten%20rules%20for%20cities% 20about%20automated%20vehicles%20%2Bhttps% 3A//www.cnu.org/node/6617) (http://www.linkedin.com/shareArticle?mini=l&url=https% 3A//www.cnu.org/node/6617&title=Ten%20rules%20for%20cities%20about% 20automated%20vehicies%20&source=https%3A//www.cnu.org) (mailto:?subject=Check%20out%20Ten%20rules%20for%20cities%20about% 20automated%20vehicles%20&body=https% 3A//www.cnu.orgpublicsquare/2017/10/16/ten-rules-cities-about- automated-vehicles) Note: This article is based on a talk (https://www.youtube.com/watch? v=utnPEbDNbrE) the author gave to the US Conference of Mayors and CNU. 1) Be afraid One of my favorite books of all time is Technopoly, The Surrender of Culture to Technology, by Neil Postman. In it Postman describes what he calls the technological imperative. What it means to me is this: New technologies that increase convenience are unstoppable, whatever their impact on our long-term quality of life. It happened with cars. Enthusiastic adoption followed by some dubious outcomes. This includes: The doubling of the percentage of incomes spent on transportation; We travel no faster in cities than we used to with the horse and buggy; The impending drowning of our coastal cities, now occasional and eventually permanent; The transformation https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 3 of 15 of so much of the American public realm into an unmitigated soul - sucking eyesore; The mortification of our bodies through inactivity brought on by the elimination of the useful walk; The loss at last count of 40,00o American lives each year. None of this was planned, the technology won, and it will win again. This last item represents the key argument for automated vehicles (AVs). If adopted en masse, they will save hundreds of thousands of lives—so many that the organ transplant industry is worried. Additionally, we can expect that a lot of urban land will be available for other uses, because we will not need so much parking. That seems to have no downside, but as I will try to show these two positives can be offset very quickly if we are not careful. 2) Be realistic (or, What to expect, when you are expecting AVs) It reminds us that major change is unlikely to happen for several decades. Notice even the image at top, which Ford uses to promote its vision, refers to decades and decades from now. Other experts think that full autonomy will not happen at all. And that's a problem, because most of the benefits of AVs really only kick in when we have full autonomy—a swarming fleet of shared vehicles that operates as a public good. This challenge is well described by Robin Chase, the founder of Zipcar, who describes AVs as a heaven or hell scenario. Heaven is fleets of shared electric driverless cars powered by renewable energy, and a more socialist—my word—wealth distribution system to help all of the drivers put out of work by driverless cars. Hell, on the other hand, is privately owned AVs, that, since they have nowhere to park, spend much of the day circling, https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 4 of 15 doubling the traffic load. In America, we have shown zero propensity to control how people buy or use their cars. European cities like Barcelona might create large car -free zones or close two-thirds of their streets to through traffic. Not even New York City was able to pull something as minor as congestion -based toll pricing. Without regulation, the heaven scenario becomes almost impossible. Meanwhile, the lives saved by AVs may be fewer than anticipated. 3) Decide how much traffic you want This is probably the key rule, because a simple understanding of economics makes it hard to avoid reaching the conclusion that AVs will result in a ton more driving. If they cut the cost of driving by 80 percent as anticipated, that's supposed to add 60 percent of the traffic to city streets that are already at capacity. That is what has gotten former mayor Bloomberg up in arms, proposing new regulation and policy to avert disaster. But it's actually worse than 6o percent, for a number of reasons. The biggest one is called induced (https://en.wikipedia.org/wiki/Induced_demand) traffic, or the fundamental law of congestion. If you ignore induced demand, 60 percent more trips are not a problem, as long as we have swarming. Elon Musk tells us that a driving lane full of swarming AVs can handle 3 times as many cars as it does today. So, problem solved, until you realize that, these days, traffic congestion is the principal constraint to driving. Because driving is already so subsidized, we do it as much as we can, unless we are punished by traffic. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Source: Walter Kulash Page 5 of 15 Induced traffic is why highway expansions never work. Traffic engineering theory is straightforward. A street is congested because the number of drivers, shown in yellow exceeds its capacity. If you enlarge the street, you will eliminate congestion. Unfortunately, what happens instead is that the number of drivers quickly increases to match the increased capacity, and congestion returns in full force. These are the drivers who were taking transit, carpooling, commuting off-peak, or simply not driving because they didn't want to be stuck in traffic. When the traffic went away, they changed their habits. Maybe they even moved further away from work, as the time -cost of their commute went down. Unfortunately, thanks to them and others like them, the benefits couldn't last. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 6 of 15 This becomes especially alarming when we realize that AVs will make driving cheaper in two ways: money and time. You will pay less per mile, and won't mind sitting in gridlock as you work or watch cat videos. What to do about this huge likely increase in vehicles? The only answer, I believe, is to regulate it, not with laws, but with lanes. Without a commitment to limiting capacity, all our parking lanes, soon empty, will not become bike lanes and greenways as promised, but more driving lanes. And sidewalks will feel miserable. The right solution, is to make the streets what you want them to be. Since cars will be more efficient, you can commit to no increase in driving lanes. Maybe even get rid of a bunch! You can convert parking lanes to bike lanes and express bus lanes, which will still be needed as the AVs reach their natural state of equilibrium, which we know, from the law of induced traffic, will be determined by congestion. 4) Plan for more sprawl pressure I recently saw this kiosk in Boston's Copley Square, and my heart skipped a beat. Here was a Lyft ad, ostensibly for last -mile service complementing our rail network, but I'll be darned if it wasn't an exact map of suburban sprawl. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 7 of 15 Now, I've been fighting sprawl for a quarter century, with limited success, and everyone knows that it's a function of four main factors: highways, mortgage programs, local subsidies, and racism. But mostly highways. Before the car, land development was mostly nodal, mostly around rail stops, and therefore walkable. Only with the car did the entire landscape take on wasteful, unwalkable, disconnected forms that now, more than anything else, characterize American life. But there is recent good news, which is that cities and towns have begun to figure out that sprawl does not pay for itself. As many of you with sprawling cities can attest, the tax revenue from low-density sprawl is not enough to replace roads and pipes once they fail. For this reason, we can hope that the next great inducement to national https://www.enu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 8 of 15 sprawl, cheap autonomous vehicles, will not have as great an impact as universal car ownership did. But this is only a hope, which is why smart growth policy is needed. 5) Understand transit geometry The discussion around AVs seems to adhere to only some of the laws of physics. What is often misunderstood is simple geometry: how many people fit in a vehicle. Even if they swarm and are small, AVs are cars, and since they'll be used by Americans, most can be expected to hold only one rider. Source: International Sustainability Institute hups://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 9 of 15 Above left are 200 people in 177 cars. They fill the street to the horizon. The other images are on bikes (upper right), buses (lower left), and on a streetcar (lower right). There is no getting around the fact that low -occupancy vehicles are a tremendous waste of street space. It does not matter if the vehicle is conventional, electric, or autonomous—geometry prevails. This is why, when the Brooklyn Bridge was converted from part rail to all car in 1948, it went from carrying 400,000 people/day to carrying only 170,000 people/day. It's why a single New York L train carries as many people per hour as 2000 cars, and an articulated bus equals too cars. Autonomous cars are a great supplement to transit, but, in congested places, they are not a solution to transit. This is why Ford is also investing in autonomous buses. 6) Don't rob transit This may be the greatest risk. In congested cities, replacing trains and buses with autonomous cars will cripple mobility. Now, if you are a city like Davenport, Iowa, with no congestion, and a very small transit population, AVs may present a solution. For Des Moines, they do not. Unfortunately, just the prospect of future AVs is already threatening transit investment in certain American cities. The Mountain View City Council just voted down dedicated BRT lanes on El Camino Real due in part to the expectation of AVs making buses obsolete. The Michigan Taxpayers Alliance and others are picking up on AVs, and Uber, as the last great weapon to finally kill transit. Even DC's Metro is threatened. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 10 of 15 Meanwhile, Uber has set its sights on transit, and is offering UberPool monthly memberships at lower cost than a transit pass, some say to put the conventional transit out of business. Uber admits that this pricing is well below cost and unsustainable, and thus by definition predatory. City leaders have the responsibility to teach their citizens about geometry—to teach them what even Elon Musk doesn't seem to know—that a shift from transit to AV cars would reduce mobility. 7) own the streets and own the data It sounds implausible, but there is a very real worry that AV providers will ask to buy certain city streets, or certain segments of city streets, and cities will take the money. This has precedents—like Chicago leasing it's on -street parking to Morgan Stanley for 75 years. We need to remember that your city's streets are its principal public spaces and, especially downtown, they perform many more jobs than just moving vehicles. They are places to walk, bike, access buildings, dine, converse, grow trees, protest, and much more, and they belong to us all. I particularly like this recent quote from Adam Gopnik: "Cities are their streets. Streets are not a city's veins, but its neurology, its accumulated intelligence." Never sell that. Another ownership issue has to with all the traffic data collected by Uber, which cities can benefit from in many ways—for example knowing which way to send a fire truck. Like Uber, AVs will represent a viable business model only by running on public streets. Sharing full data would seem a small price to pay for that privilege. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 11 of 15 8) Don't buy any urban vision that forgets urbanism If you study modern urban history, you will see that every major transportation advance has brought with it whole new concepts of what the city is. We are a creative species, and we can't help but use any excuse to reinvent the human habitat. The problem is that all of these inventions, from Le Corbusier's "Tower in the Park" to Frank Lloyd Wright's Broadacre City, have turned out to make our lives worse. Ford's vision of where people will enjoy walking with AVs. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 12 of 15 Where people actually like to walk. Photo by Lynn Richards. The traditional city of streets, blocks, and squares has survived largely unchanged for millennia, and for good reason: Traditional urbanism was not an invention, but evolved naturally in response to human needs. The adoption of AVs should not be allowed to replace it with something different. 9) Unify around a set of policy demands There are a number of ways that cities will need to regulate AVs if they are to be a boon and not a bane, including owning the data, protecting transit, prohibiting empty (circling) trips, setting speed limits, and https://www.cnu.org/publicsquare/2017/l0/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 13 of 15 protecting traditional urbanism. Individual cities have little sway here, but working together cities can't be denied. Cities can all create a protocol that to present to AV providers as a collective requirement. Such an effort has already begun at NACTO, the National Association of City Transportation Officials. NACTO's list is a good start, but it needs refinement and expansion. io) Invest in the current technological revolution A transportation technology available now has outperformed AVs by almost every measure. It travels 50 to 80 times further per calorie expended than the automobile, requires very little space, works on existing infrastructure with minimal modification, doesn't pollute, and makes its users healthier, happier, and skinnier. That technology is called a bicycle. And while the bicycle is not new, great new bike infrastructure is. Protected bike lanes have been shown to be much more effective than conventional bike lanes. When a protected lane was inserted in Brooklyn's Prospect Park West, the number of cyclists tripled, automobile speeding went from 75 percent to 17 percent of all drivers, injury crashes to all users dropped 63 percent. And there was no negative impact on the road capacity, even though a lane was lost. Protected bike lanes are what you need to give a sense of security to civilian bicyclists. And with a lot of good bike lanes, you get Copenhagen, where four times as many people bike than drive. https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU Page 14 of 15 Autonomous vehicles are the right answer to the wrong question. Why do MIT's Media Lab, and Google keep asking how we can make cars better? Where has that question ever gotten us? A better question is how can we provide the most useful mobility to the most people with the most positive outcomes for society? The answer includes cars, but also trains, buses, bikes, and walking—especially biking and walking. Jeff Speck is a city planner, urban designer, and author who, through writing, lectures, and built work, advocates internationally for more walkable cities. (/publicsquare/author/jeff-speck) 7 Comments CNU Recommend 3 L+ Share 0 Join the discussion... LOG IN WITH OR SIGN UP WITH DISOUS O Name 0 Login - Sort by Best - • jooltman • 3 hours ago _ Excellent points herein. Think folks might be interested in the crowdsourced #AV heaven/hell scenario we generated at this weekend's TransoCampNYC. So much food for thought, but not much time to digest. These cars are hitting the ground whether we have them "figured out" or not: https://docs.google.com/doc... � . Reply . Share > Is Jim Moore • 7 days ago https://www.cnu.org/publicsquare/2017/10/16/ten-rules-cities-about-automated-vehicles 10/24/2017 Ten rules for cities about automated vehicles I CNU About (publicsquare/about) I Facebook (https://www.facebook.com/newurbanism) - Twitter (https://twitter.com/newurbanism) Public Square: A CNU Journal ' Congress for the New Urbanism Page 15 of 15 https://www.cnu.org/publicsquare/2017/10/l6/ten-rules-cities-about-automated-vehicles 10/24/2017 Professor caul Sutler Discusses his book minus hTP r s[� ■►Z[�1�1�7�iM2�. i .r=911ll■W.NY/ 1M=TAflsr.1114 Individuals with disabilities are encouraged to attend all University of Iowa -sponsored events. If you are a person with a disability who requires an accommodation in order to participate in this program, please contact Dean Adrien Wing at (319) 335-9129. r �`.®p7 CITY OF IOWA CITY IP4 '�� MEMORANDUM Date: October 17, 2017 To: Geoff Fruin, City Manager From: Tracy Hightshoe, Interim NDS Director Re: Affordable Housing Action Plan Update The City Council approved fifteen affordable housing strategies to encourage and develop additional affordable housing in Iowa City on June 21, 2016. The strategies and their corresponding status can be found on the table below. Strategy Status Z 1. Continue to fund existing local FY18 budget includes $200,000 for GRIP & programs including GRIP and $250,000 for the UniverCity program (up to five. UniverCity. homes). To date, the City has purchased 65 homes for the UniverCity program. 58 have been rehabilitated and sold for homeownership. Council will consider the FYI budget in January. Z 2. Adopt an Inclusionary Zoning code Completed 6/2016 amendment for the Riverfront Crossings District. Z 3. Adopt code amendments that Completed 6/2016 enable the FUSE Housing First use in the community. Z 4. FY19 Budget Process: Provide a FY18 budget includes $650,000 for affordable line item for affordable housing (goal housing. Council will consider the FY19 budget in of $500,000 based on budget January. conditions). Z 5. Distribution of Affordable Housing • $325,000 issued to the HTF in August 2017. dollars: • $162,500 reserved for land banking. Council • 50% to the Housing Trust Fund of approved land banking guidelines August 1, Johnson County (HTF) 2017. Will seek land as funds increase. • 25% held in reserve for land • $32,500 reserved for emergent situations. Any banking remaining balance, as of 6/30/2018, will be • 5% reserved for emergent shifted to land banking. situations (if unused, reserved for • $130,000 directed through HCDC for LIHTC land banking) support. Awarded $330,000 (FY17 & 18 • 20% directed through HCDC for allocations) to Del Ray Ridge LP (the Housing LIHTC support or supplemental aid Fellowship) to construct 28 units at 628 S. for housing applications Dubuque St. Applications due to IFA November 2017. October 24, 2017 Page 2 N 6. Hold the $1,500,000* million in City Council approved an agreement for Housing Authority funds for an Augusta Place on 5/2/2017. The City will opportunity to leverage significant purchase six units for permanent affordable private investment and/or to rental housing at $1,080,000. develop/acquire low income replacement housing. City Council approved a developer's agreement for the Chauncey building on 6/18/2015. The *$2.5 million was available, $1.0 City will purchase five units at $1,000,000 for million committed to the Chauncey affordable rental housing. The building is units, for a balance of $1.5 million) scheduled for completion on 12/31/2018. There is approximately $420,000 remaining to develop/acquire low income replacement housing. ❑ 7. Consider an annexation policy that Policy to be considered this fall or winter. provides for affordable housing contributions. N 8. Consider use of TIF on a case by Staff evaluating multiple possibilities including case basis to support residential Foster Road, Forest View Drive and McCollister. development and/or annexation through the provision of public infrastructure and capture the required LMI set-aside for use throughout the community (Ex: McCollister and Foster Road). ❑ 9. Consider regulatory changes to • Parking waived in Riverfront Crossings for City Code: affordable housing, June 2016. • Waive parking requirements for affordable housing units. Due primarily to the occupancy changes in • Review possible changes to the the state law, NDS staff time has not been multi -family design standards for able to be dedicated to the remaining four all units in an effort to reduce cost issues. NDS staff will consider these and expedite approvals. proposed regulatory changes in early 2018. • Eliminate minimum size requirements for PUDs. • Increase allowable bedrooms from 3 to 4 outside the University Impact Area (keep occupancy at 3 unrelated). • Permit more building types by right as opposed to requiring a PUD process (density, multiplex units, cottage clusters, etc.). N 10. Pursue a form -based code for the The consultant analysis of a form based code Alexander Elementary neighborhood was completed in September 2017. NDS staff and the Northside. is currently developing a scope of services and cost estimate for code development. October 24, 2017 Page 3 ® 11. Strategically seek LIHTC projects RFP scheduled annually. Awarded the Del Ray through an RFP process overseen by Ridge LP project $330,000 (FY17 & 18 funds). the HCDC (in conjunction with #5). ❑ 12. Create a committee of staff, Committee of six community members and City developers and other interested staff formed to review tax exemption stakeholders to determine the viability possibilities. First meeting held 1/17/17. and potential parameters of a tax Committee meets monthly and anticipates a abatement program that would recommendation for Council in December. support affordable housing. ® 13. Exempt the Riverfront Crossings Completed 4/2017 from the Affordable Housing Location model (AHLM) and consider modifications to reduce size of restricted areas and/or account for neighborhood densities (consider University Impacted and Downtown neighborhoods for exclusion as well). ® 14. Tenant Displacement Completed 10/2017 • Council approval of major site plans when 12 or more households will be displaced and there is no accompanying rezoning. • Such applications would require , a transition plan to better inform residents and the public (requires a comprehensive plan and a site plan ordinance amendment). ® 15. Rent abatement for emergency Completed 10/2017 orders when vacation of property is not necessary (use simpler language for ease of understanding). • Increase education about housing code violations and how to report Should you have any questions about the strategies or their status, please contact me at 319.356.5244 or tracy-hightshoe@iowa-city.org. r CITY OF IOWA CITY 1P5 MEMORANDUM Date: October 19, 2017 To: Geoff Fruin, City Manager From: Stefanie Bowers, Equity Director and Human Rights Coordinator Re: Social Justice and Racial Equity Third Quarter Update for 2017 Attached please find the third quarter Social Justice and Racial Equity Update for 2017. Included as part of this update is the Police Department's third quarter report on community outreach, community presentations, cultural competency trainings, public education efforts on rights, and community partnerships. Social Justice & Racial Equity Third Quarter Update (July — September 2017) rer CITY OF IOWA CITY UNESCO CITY OF LITERATURE ,::ITY OF IOWA CITY SOCIAL JUSTICE 8 RACIAL EQUITY Accountability July 12, the resolution for reaffirming the City of Iowa City Law Enforcement Non -Discrimination policy was translated into Arabic, French African, Spanish and Mandarin and placed on the City's Social Justice and Racial Equity site. The resolutions can be located at https://www.icgov.org/city-government/departments-and- d ivisio ns/eg u ity-and-human-rig hts/socia I -justice -a nd-racial-equity. July 24, August 28, September 25, staff in the Office of Equity and Human Rights participated in GARE monthly meetings. :)F IOWA CITY SOCIAL JUSTICE & RACIAL EQUITY Conversations August 9, the City Manager's Roundtable was held with representatives attending from the Center for Worker Justice, the Coalition for Racial Justice, the Human Rights Commission, the Black Voices Project and the Community Police Review Board. The discussion focused on summer programs for youth. For meeting notes and the list of participants, visit https://www.icqov.orq/city-government/departments-and-divisions/equity-and-human- rip hts/social-justice-and-racial-equity. August 23, the Police Department participated in Coffee with a Cop, which is a chance for the public to ask questions, voice concerns and have a conversation with neighborhood police officers in an informal setting. The event was held at Cortado Coffee and Cafb. September 6, the City Council held its seventh Listening Post at Uptown Bill's. City Council listening posts provide opportunities for the community to engage with City leaders on topics that are important to them in an informal setting. September 23, the Library, the University of Iowa's Center for Human Rights and the Human Rights Commission sponsored a book discussion on Butterfly Mosque. The book explores the story of a journalist "converting to Islam and falling in love with an Egyptian man in a volatile post -9/11 world" (Publishers Weekly). CITY OF IOWA CITY SOCIAL JUSTICE & RACIAL EQUITY Justice July 20, staff of Neighborhood Development Services (NDS) participated in Preserving African-American Historic Properties: A Historic Preservation Conversation with Jack Pyburn. Jack Pyburn, Fellow of the American Institute of Architects discussed the lessons learned from his experiences with broadening the interest in, commitment to and resources for conserving African American heritage in the United States. Iowa City recently received a grant from the National Park Service to help preserve the Iowa Federation Home and the Tate Arms Home. The Iowa City Historic Preservation Commission is currently working towards getting these properties listed on the National Register of Historic Places. This will solidify their importance as historic landmarks associated with the struggle for housing equality for Black students in Iowa City. Grant money will also be used to install plaques in front of each building, conveying their historical significance to passersby. More information can be located at https://www.icgov.org/news/historic-preservation-commission-awarded-national-park-service-civil- rights-grant. August 4- 5, the City was a sponsor of the 2017 Iowa Soul Festival, an event celebrating African-American culture through music, dance, networking, food, and art. August 18, Mayor Throgmorton released a statement rejecting armed intimidation and white nationalism, and reaffirming Iowa City's commitment to justice, equality, and the value of a diverse and inclusive community. August 31, Iowa City joined more than 40 other cities, counties, and municipal agencies across the country in filing an amicus curiae ('friend of the court") brief in City of Chicago v. Sessions. The brief urges the Court to grant the City of Chicago's request for an injunction barring enforcement of new conditions on federal grant moneys. If enforced, these conditions would disqualify state and local governments from receiving funds unless they agree to assist in enforcing federal immigration law. Outreach July 19-20, members of the Police Department, along with other local law enforcement, participated in the second annual Do You See Me Now challenge. The challenge included a friendly basketball game where youth in the Teen Dynamics Program competed against the officers. The Teen Dynamics Program was created by staff of Parks and Recreation to provide teens with opportunities for positive interaction, education, relationship building and activities during summer break. July 27-28, the Police Department sponsored area youth to participate in the Register's Annual Great Bicycle Ride Across Iowa (RAGBRAI) which included an overnight camping trip. Seven kids and three adult chaperones made the ride. The trip is part of the Police Department's ongoing effort to develop relationships between officers, youth and families. It is also part of a larger City initiative to encourage more people, including children and families, to ride bicycles. August 1, members of the Police Department and Fire Department participated in National Night Out held at Wetherby Park. National Night Out is an annual community -building campaign that promotes police -community partnerships and neighborhood camaraderie to make neighborhoods safer, and more caring places to live. National Night Out enhances the relationship between neighbors and law enforcement while bringing back a true sense of community. It also provides a great opportunity to bring police and neighbors together under positive circumstances. August 4, the Library hosted a Teen Drag Show. The free teen-friendly performance featured local drag kings and queens, but with a twist. September (throughout), the Library's fall Bookmobile scheduled stops that coincided with the English Language Learning program at Grant Wood elementary, together with stops at Coles Community, Mark Twain elementary, and preschools that serve youth from families with low incomes. September 8, staff of the Office of Equity and Human Rights presented Iowa's Civil Rights History and Legacy to the Iowa City Area Chamber of Commerce's Leadership Program participants. September 12, the City sponsored its annual Job & Resource Fair. The Robert A. Lee Recreation Center hosted the event. Other sponsors included Successful Living, Iowa Workforce Development and Shelter House. Over thirty local employers attended the event. September 13, the Bookmobile made a special visit to the United Action for Youth (UAY) program in Eastdale Plaza to introduce the Bookmobile to youth served by UAY. September 16, 20, 22, three Deaf Awareness story times were held at the library. September 27 (ongoing), the Library and the University of Iowa's Counseling Psychology Doctoral Program offered job application, resume writing, and job skills workshops from 1:00 to 2:30 p.m. on Wednesdays thru November. July 19, staff in the Office of Equity and Human Rights participated in Rapid Response Team — Hate Crimes, Hate Violence and Local Government Response. The webinar was sponsored by the Government Alliance on Race and Equity (GARE). July 25, staff in the Office of Equity and Human Rights participated in a webinar on Combating Hate in Your Community. The webinar provided participants with information about housing related hate and how it is covered under the federal Fair Housing Act. It also highlighted the key strategies to combat hate and harassment using fair housing laws. July 25, staff in the Office of Equity and Human Rights participated in Developing a Racial Equity Action Plan. The training is designed to assist agencies in developing racial equity action plans and share current promising practices. August 24, staff of the Office of Equity and Human Rights participated in Using Data to Assess Fair Housing and Improve Access to Opportunities, a webinar showing how to access and use data sources to inform fair housing policy decisions and program planning. August 25, staff of NDS presented to the Johnson County Affordable Housing Coalition regarding the City's Affordable Housing Action Plan. More on the plan can be found at https://www.icgov.oro/affordablehousingactionplan . September 13, staff of the Office of Equity and Human Rights participated in Working in a Diverse Environment. Challenges and Opportunities, a webinar exploring characteristics of an effective workplace diversity program. September 13, staff of the Office of Equity and Human Rights attended Racism Within Muslim Communities, a presentation by Professor Motier Haskins sponsored by the University of Iowa Chief Diversity Office. no OF IOWA CITY - SOCIAL JUSTICE & RACIAL EQUITY F Training July 19, staff in the Office of Equity and Human Rights participated in Rapid Response Team — Hate Crimes, Hate Violence and Local Government Response. The webinar was sponsored by the Government Alliance on Race and Equity (GARE). July 25, staff in the Office of Equity and Human Rights participated in a webinar on Combating Hate in Your Community. The webinar provided participants with information about housing related hate and how it is covered under the federal Fair Housing Act. It also highlighted the key strategies to combat hate and harassment using fair housing laws. July 25, staff in the Office of Equity and Human Rights participated in Developing a Racial Equity Action Plan. The training is designed to assist agencies in developing racial equity action plans and share current promising practices. August 24, staff of the Office of Equity and Human Rights participated in Using Data to Assess Fair Housing and Improve Access to Opportunities, a webinar showing how to access and use data sources to inform fair housing policy decisions and program planning. August 25, staff of NDS presented to the Johnson County Affordable Housing Coalition regarding the City's Affordable Housing Action Plan. More on the plan can be found at https://www.icgov.oro/affordablehousingactionplan . September 13, staff of the Office of Equity and Human Rights participated in Working in a Diverse Environment. Challenges and Opportunities, a webinar exploring characteristics of an effective workplace diversity program. September 13, staff of the Office of Equity and Human Rights attended Racism Within Muslim Communities, a presentation by Professor Motier Haskins sponsored by the University of Iowa Chief Diversity Office. no TO: Stefanie Bowers FROM: Captain Bill Campbell RE: DIF Reporting for ICPD — 3rd Quarter 2017 DATE: October 19, 2017 The Iowa City Police Department's DIF reporting for the third quarter of 2017 is below. COMMUNITY OUTREACH. Documentation of participation in any event attended or presented, by a Department member to a community member or organization. 51 officers attended 314 events in the third quarter of 2017, for a total of 411 hours of involvement. Events included: • Increase in neighborhood foot patrols and officers getting out of their patrol vehicles to engage the community and build relationships through non -enforcement interactions. • Foot patrols and school visits, sporting events • Several party in the parks were attended • Continued use of Southside Substation by officers to complete paperwork and other tasks at this facility, being more visible and making themselves more available to the community in that area. • "National Night Out" -encouraging neighborhoods to engage and become more involved with each other • Public Safety Camp and Leadership Academy open to local youth at IC Fire Station #4 • Southeast Iowa Regional Fire Honor Guard Training • "Courage Ride' —Iowa Mennonite School • Octoberfest DIF Reporting for ICPD — 3rd Quarter 2017 1 • ALICE Training • Youth Basketball Challenge - IC Rec Center • Teamsters Labor Day Picnic - City Park • Police/Firegames—Substation • Survivors Program Fundraiser • "Coffee with a Cop" - Cortado Coffee & Cafe • "Cop on Top" - Dunkin Donuts • "Kid's Day" — City Park • Hand -painting Substation with day-care children COMMUNITY PRESENTATIONS., Documentation of any participation in a community presentation by a Department member. 20 officers participated in 40 community presentations in the third quarter of 2017, totaling 95 hours of involvement. Presentations included the following topics/groups: • Defensive Tactics - Leadership Academy • "ALICE" active shooter response training - various locations, including staff at all 3 public high schools and Southeast Junior High • "ODARA" domestic abuse risk factor training - UIPD • CST presentations -Children's Museum • K9 Presentation — U of I Law School, Kids Day • CIT Presentation — City Park • Drivers education classes • ON Iowa Safety Fair- IMU noll :;. , ; DIF Reporting for ICPD — 3rd Quarter 2017 2 • 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. 82 officers attended 44 hours of training during the third quarter. This training included: • Disproportionate Minority Contacts (DMC) —All ICPD staff, including both sworn and non -sworn personnel, attended a four-hour training session on DMC issues. The first two hours were presented by Dr. Chris Barnum, Associate Professor of Sociology and Criminal Justice and Director of Graduate Studies Masters in Criminal Justice at St. Ambrose University. Dr. Barnum presented information to the groups on our ICPD traffic stop data and the research he conducts on that data. The second two-hour instructional block was put on by Dr. Sarah K. Bruch, an Assistant Professor in the Department of Sociology, and Director of the Social and Education Policy Research Program, at the Public Policy Center at the University of Iowa. Dr. Bruch presented on the negative effects that police interaction can have on minority communities. • LGBTQ Safe Zone —East Side Recycling 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. 1 officers conducted 2 training sessions during this quarter. This included orientation for new international students at the UI and meeting with property managers reference ongoing problems. Documentation of any partnership between the Department and another community organization. The Department worked with community partners that led to attendance at 56 events by 18 officers who spent 116 hours engaging with community members. Below are some highlights and noteworthy outcome from those partnerships. • Iowa City Downtown District—To champion the Iowa City Downtown District as a progressive, healthy, and culturally vibrant urban center of the region. • 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 DIF Reporting for ICPD — 3rd Quarter 2017 3 divert low-level offenders with mental illness out of the criminal justice system and change approaches to pre-trial incarceration • The Downtown Liaison's partnership with the Johnson County Local Homeless Coordinating Board (LHCB), the Frequent User Systems Engagement (FUSE) sub- committee and the winter Low -Barrier Shelter sub -committee. The FUSE sub -committee has developed a "housing first" initiative which will provide housing to chronically homeless individuals with a goal of reducing their use of emergency services. During this quarter the FUSE project received more than $3 million in federal and state money. The 24 -unit project will likely break ground in early 2018. The winter Low -Barrier Shelter sub -committee has identified and secured a location for the fourth consecutive year. This will allow us to provide a 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. The Low -Barrier Shelter sub -committee is part of the "San Antonio Model" for crisis intervention. The sub -committee is exploring the details of San Antonio's model compared with Johnson County's needs and will be developing a plan and necessary budget to implement a comparable system here. • 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 the previous quarter the Downtown Liaison worked with staff and the City Manager to amend 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. • "Free Wheels" completed its first year in 2017. This program provided 15 children with bicycles as well as safety and maintenance training, an introduction to the City trails and safety equipment. Great feedback was received regarding this program and it will be continued in 2018. DIF Reporting for ICPD — 3rd Quarter 2017 4 The Department continues to provide extra patrol at citizens requests and foot patrols where criminal activity or safety concerns had been identified. DIF Reporting for ICPD — 3rd Quarter 2017 5 r ^`.® CITY OF IOWA CITY IP6 MEMORANDUM Date: October 19, 2017 To: City Manager, City Council From: Dennis Bockenstedt, Finance Director Re: Quarterly Financial Summary for Period Ending September 30, 2017 Introduction Attached to this memorandum are the City's quarterly financial reports as of September 30, 2017. The quarterly financial report includes combined summaries of all fund balances, revenues, and expenditures for fiscal year 2018 through the end of the first quarter, which is 25% of the way through the fiscal year. Below are some of the highlights from this quarter'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 25% of budget since we have completed one-fourth of the fiscal year; however, due to accruals back to the previous year, many of these percentages are below 25%. For the property tax supported funds, such as the General fund, Debt Service fund, and the Employee Benefits fund, their actual revenues are at 10.4%, 5.5%, and 5.9%, respectively. These funds have received a lower percentage of their revenue, because the City's property tax receipts are due twice during the year, October and April, and the City will receive the majority of its property tax revenue at that time. This is not the same for the City's enterprise funds. The City's enterprise funds are primarily supported by service charges which cause their actual revenues to be closer to the 25% mark. For instance, the Water fund is at 21.5%, the Wastewater fund is at 20.0%, and the Landfill is at 26.2%. These funds' revenues may still be under the 25% benchmark due to the accrual of revenues back to last fiscal year or above the 25% due to seasonal variances. Other funds with budget anomalies worth noting: the Other Shared Revenue fund has actual revenues at 49.6% due to the receipt of federal monies; and the Risk Management fund has actual revenues at 98.0% due to the timing of the entries made for loss reserve payments to intra -city charges. In addition, Operating Grants revenue is at 87.5% (on page 5) due to the receipt of the Disney Play grant. Other Misc Revenue is at -31% due to the timing of a receivable from the University for the Washington Street Project, and Interest Revenue is at - 32.7% due to the interest receivable accrual back to the prior fiscal year. Additionally, the Governmental Projects fund has negative revenues at -3.9% due to the interest receivable accrual as well as a transfer of bond funds from Governmental Projects to Enterprise Projects. The combined total actual revenues for all budgetary funds through September are $20,888,017 or 12.4% 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 2018 through September is similar to the analysis for the City's revenues. We generally expect the actual expenditure levels to be around 25% of budget at this time of year. Some of the funds have expenditure activity through the first quarter significantly above the 25% mark. The following funds have a significant expenditure variance above 25%: • Other Shared Revenue fund is at 60.1 % due to property acquisitions from grants. • Affordable Housing fund is at 50.0% due to payments made to the Housing Trust Fund of Johnson County. • Wastewater fund is at 67.6% due bond principal and interest payments paid in July. • Water fund is at 63.3% due to bond principal and interest payments paid in July. • Risk Management fund is at 38.7% due to workers comp claims and internal charges. Overall, the combined total actual expenditures for all budgetary funds through September are $52,676,830 or 21.0% of budget. Overall, the City's expenditures through the first quarter have a few major anomalies; however, these can be explained and are not unusual. Conclusion Generally, there are no major concerns to report with the City's fund balances at September 30. One fund is presented (on page 3) with negative fund balance, the Community Development Block Grant fund at -$34,645. This negative fund balances should reverse following the receipt of grant proceeds. The other fund balances appear healthy. Additional information is available from the Finance Department upon request. City of Iowa City Fund Summary Fiscal Year 2018 through September 30, 2017 Debt Service Fund Beginning Ending Restricted, Unassigned Fund Year -to -Date Transfers Year -to -Date Transfers Fund Committed, Fund 1,546,320 Balance Revenues In Expenditures Out Balance Assigned Balance Budgetary Funds 710' Parking 11,082,223 1,602,502 - 781,423 General Fund 11,744,474 5,500,000 6,244,474 715' Mass Transit 6,427,042 716,991 845,569 10" General Fund $ 40,724,250 $ 5,423,262 $ 2,435,783 $ 13,406,510 $ 1,007,336 $ 34,169,449 $ 15,073,905 $ 19,095,544 Special Revenue Funds 10,733,389 1,661,971 16,346,807 6,157,698 10,189,109 730' Water 18,111,079 2100 Community Dev Block Grant (90,569) 116,244 - 60,320 - (34,645) - (34,645) 2110 HOME 113,005 279,792 - 319,753 - 73,044 - 73,044 2200 Road Use Tax Fund 5,714,241 1,838,066 107,001 1,358,860 761,565 5,538,884 - 5,538,884 2300 Other Shared Revenue 82,485 172,823 - 225,513 - 29,795 - 29,795 2350 Metro Planning Org of J.C. 256,738 37,197 69,051 139,231 - 223,755 - 223,755 2400 Employee Benefits 2,520,948 683,038 - 354,190 2,493,415 356,380 - 356,380 2500 Affordable Housing Fund 468,102 (968) - 325,000 - 142,134 142,134 2510 Peninsula Apartments 143,381 18,634 - 12,646 - 149,370 - 149,370 26'" Tax Increment Financing 482,246 118,983 - - - 601,229 476,815 124,414 2820 SSMID-Downtown District - 8,979 - - - 8,979 - 8,979 Debt Service Fund 5" Debt Service 7,232,185 727,558 - 3,099,299 - 4,860,444 1,546,320 3,314,124 Enterprise Funds 710' Parking 11,082,223 1,602,502 - 781,423 158,827 11,744,474 5,500,000 6,244,474 715' Mass Transit 6,427,042 716,991 845,569 1,496,918 - 6,492,684 1,275,049 5,217,636 720' Wastewater 25,193,871 2,512,323 1,035,972 10,733,389 1,661,971 16,346,807 6,157,698 10,189,109 730' Water 18,111,079 1,992,681 455,149 9,014,280 371,179 11,173,450 2,394,366 8,779,083 7400 Refuse Collection 1,351,518 656,037 - 758,267 (13,859) 1,263,146 - 1,263,146 750' Landfill 26,735,286 1,631,971 58,827 1,136,305 11,772 27,278,007 24,768,114 2,509,894 7600 Airport 308,219 77,378 27,422 92,639 - 320,380 100,000 220,380 7700 Storm water 1,031,911 294,943 - 140,953 185,000 1,000,902 - 1,000,902 79" Housing Authority 6,756,668 2,353,065 - 2,832,425 11,695 6,265,614 3,093,854 3,171,760 Capital Project Funds Governmental Projects 43,433,631 (696,764) 1,203,787 5,146,022 (20,986) 38,815,618 - 38,815,618 Enterprise Projects 13,294,586 323,281 389,353 1,242,888 - 12,764,333 - 12,764,333 Total Budgetary Funds $ 211,373,048 $ 20,888,017 $ 6,627,915 $ 52,676,830 $ 6,627,915 $ 179,584,235 $ 60,386,120 $ 119,198,115 Non -Budgetary Funds Capital Project Funds Internal Service Projects $ - $ - $ - $ - $ - $ - $ - $ - Internal Service Funds 810' Equipment 13,165,375 1,484,344 - 727,067 - 13,922,652 12,053,818 1,868,834 8200 Risk Management 3,803,525 1,569,064 - 570,334 - 4,802,254 - 4,802,254 830` Information Technology 2,539,463 362,411 - 382,202 - 2,519,672 472,186 2,047,486 8400 Central Services 708,450 57,163 - 22,713 - 742,900 - 742,900 8500 Health Insurance Reserves 10,821,196 2,034,087 - 1,616,215 - 11,239,067 4,844,311 6,394,756 8600 Dental Insurance Reserves 147,348 100,964 - 86,220 - 162,092 - 162,092 Total Non -Budgetary Funds $ 31,185,356 $ 5,608,033 $ - $ 3,404,751 $ - $ 33,388,638 $ 17,370,316 $ 16,018,322 Total All Funds $ 242,558,405 $ 26,496,050 $ 6,627,915 $ 56,081,582 $ 6,627,915 $ 212,972,873 $ 77,756,436 $ 135,216,437 3 City of Iowa City Revenues by Fund Fiscal Year 2018 through September 30, 2017 4 2017 2018 2018 2018 Actual Budget Revised Actual Variance Percent Budgetary Fund Revenues General Fund 10" General Fund $ 51,151,026 $ 51,270,355 $ 51,938,735 $ 5,423,262 $ (46,515,473) 10.4% Special Revenue Funds 2100 Community Dev Block Grant 1,020,981 693,031 879,069 116,244 (762,825) 13.2% 2110 HOME 305,087 486,444 1,134,122 279,792 (854,330) 24.7% 2200 Road Use Tax Fund 8,803,148 8,393,630 8,393,630 1,838,066 (6,555,564) 21.9% 2300 Other Shared Revenue 577,060 - 348,153 172,823 (175,330) 49.6% 2350 Metro Planning Org of Johnson Co 295,966 306,820 306,820 37,197 (269,623) 12.1% 2400 Employee Benefits 11,145,984 11,496,472 11,496,472 683.038 (10,813,434) 5.9% 2500 Affordable Housing Fund 3,926 - - (968) (968) 0.0% 2510 Peninsula Apartments 77,516 74,155 74,155 18,634 (55,521) 25.1% 26" Tax Increment Financing 2,230,731 2,333,912 2,333,912 118,983 (2,214,929) 5.1% 2820 SSMID-Downtown District 318,343 355,350 355,350 8,979 (346,371) 2.5% Debt Service Fund 5- Debt Service 14,353,841 13,223,418 13,223,418 727,558 (12,495,860) 5.5% Enterprise Funds 710` Parking 5,527,930 5,922,530 5,922,530 1,602,502 (4,320,028) 27.1% 715' Mass Transit 4,812,638 4,193,204 7,848,459 716,991 (7,131,468) 9.1% 720* Wastewater 17,883,190 12,589,340 12,589,340 2,512,323 (10,077,017) 20.0% 730' Water 14,934,666 9,268,096 9,268,096 1,992,681 (7,275,415) 21.5% 7400 Refuse Collection 3,159,783 3,411,689 3,411,689 656,037 (2,755,652) 19.2% 750` Landfill 7,089,948 6,234,063 6,234,063 1,631,971 (4,602,092) 26.2% 7600 Airport 348,499 359,500 359,500 77,378 (282,122) 21.5% 7700 Storm Water 1,688,423 1,483,550 1,483,550 294,943 (1,188,607) 19.9% 79" Housing Authority 9,103,051 8,769,397 8,769,397 2,353,065 (6,416,332) 26.8% Capital Project Funds Governmental Projects 34,506,605 16,997,084 17,931,571 (696,764) (18,628,335) -3.9% Enterprise Projects 4,492,040 3,529,110 4,395,643 323,281 (4,072,362) 7.4% Total Budgetary Revenues $ 193,830,381 $ 161,391,150 $ 168,697,674 $ 20,888,017 $ (147,809,657) 12.4% Non -Budgetary Fund Revenues Capital Project Funds Internal Service Projects $ 174 $ - $ - $ - $ - 0.0% Internal Service Funds 810' Equipment 6,099,982 6,106,291 6,106,291 1,484,344 (4,621,947) 24.3% 8200 Risk Management 1,625,495 1,600,954 1,600,954 1,569,064 (31,890) 98.0% 830` Information Technology 2,147,457 2,270,295 2,270,295 362,411 (1,907,884) 16.0% 8400 Central Services 241,819 239,151 239,151 57,163 (181,988) 23.9% 8500 Health Insurance Reserves 8,136,943 8,746,421 8,746,421 2,034,087 (6,712,334) 23.3% 8600 Dental Insurance Reserves 384,243 396,674 396,674 100,964 (295,710) 25.5% Total Non -Budgetary Revenues $ 18,636,114 $ 19,359,786 $ 19,359,786 $ 5,608,033 $ (13,751,753) 29.0% Total Revenues - All Funds $ 212,466,494 $ 180,760,936 $ 188,057,460 $ 26,496,050 $ (161,561,410) 14.1% 4 City of Iowa City Revenues by Type Fiscal Year 2018 through September 30, 2017 Charges For Fees And Services: 2017 2018 2018 2018 Actual Budget Revised Actual Variance Percent Budgetary Fund Revenues Police Services 143,562 37,237 37,237 20,485 Property Taxes $ 55,357,358 $ 56,458,399 $ 56,458,399 $ 3,559,891 $ (52,898,508) 6.3% Other City Taxes: (7,650) 26.4% Fire Services 10,370 8,660 TIF Revenues 2,226,302 2,333,912 2,333,912 119,689 (2,214,223) 5.1% Gas/Electric Excise Taxes 726,457 681,149 681,149 - (681,149) 0.0% Mobile Home Taxes 65,153 65,480 65,480 11,692 (53,788) 17.9% Hotel/Motel Taxes 1,136,712 1,078,760 1,078,760 - (1,078,760) 0.0% Utility Franchise Tax 939,387 895,000 895,000 2,047 (892,953) 0.2% Subtotal 5,094,011 5,054,301 5,054,301 133,428 (4,920,873) 2.6% Licenses, Permits, & Fees: 21.9% Wastewater Charges 12,276,259 12,214,720 12,214,720 General Use Permits 104,296 82,510 82,510 4,533 (77,978) 5.5% Food & Liquor Licenses 111,438 92,740 92,740 37,609 (55,131) 40.6% Professional License 12,015 18,710 18,710 1,920 (16,790) 10.3% Franchise Fees 685,659 692,140 692,140 14,324 (677,816) 2.1% Construction Permits & Insp Fees 2,578,024 1,639,240 1,639,240 487,225 (1,152,015) 29.7% Misc Lic & Permits 39,951 36,320 36,320 16,028 (20,293) 44.1% Subtotal 3,531,383 2,561,660 2,561,660 561,639 (2,000,021) 21.9% Intergovernmental: Code Enforcement 238,295 253,180 253,180 Fed lntergovernment Revenue 12,147,485 14,280,110 16,732,411 2,741,986 (13,990,425) 16.4% Property Tax Credits 1,590,863 1,603,881 1,603,881 224 (1,603,657) 0.0% Road Use Tax 8,672,279 8,320,120 8,320,120 1,795,900 (6,524,220) 21.6% State 28E Agreements 1,813,044 1,687,575 1,687,575 - (1,687,575) 0.0% Operating Grants 139,474 81,850 81,850 71,604 (10,246) 87.5% Disaster Assistance 217,718 - 34,815 20,332 (14,483) 58.4% Other State Grants 12,999,581 2,295,514 6,259,542 118,841 (6,140,701) 1.9% Local 28E Agreements 1,418,467 1005,860 1,005,860 427,598 (578,262) 42.5% Subtotal 38,998,911 29,274,910 35,726,054 5,176,484 (30,549,570) 14.5% Charges For Fees And Services: Building & Development 969,936 445,620 445,620 129,946 (315,674) 29.2% Police Services 143,562 37,237 37,237 20,485 (16,752) 55.0% Animal Care Services 11,545 10,400 10,400 2,750 (7,650) 26.4% Fire Services 10,370 8,660 8,660 1,970 (6,690) 22.8% Transit Fees 1,260,923 1,299,190 1,299,190 228,899 (1,070,291) 17.6% Culture & Recreation 780,147 820,454 820,454 182,608 (637,846) 22.3% Library Charges 39 - - 8 8 0.0% Misc Charges For Services 72,099 68,628 68,628 20,297 (48,331) 29.6% Water Charges 9,279,458 9,102,056 9,102,056 1,989,135 (7,112,921) 21.9% Wastewater Charges 12,276,259 12,214,720 12,214,720 2,502,649 (9,712,071) 20.5% Refuse Charges 3,588,837 3,772,349 3,772,349 803,638 (2,968,711) 21.3% Landfill Charges 6,273,574 5,686,860 5,686,860 1,513,024 (4,173,836) 26.6% Storm water Charges 1,522,294 1,477,710 1,477,710 297,154 (1,180,556) 20.1% Parking Charges 5,910,725 6,319,394 6,319,394 1,965,096 (4,354,298) 31.1% Subtotal 42,099,767 41,263,278 41,263,278 9,657,659 (31,605,619) 23.4% Miscellaneous: Code Enforcement 238,295 253,180 253,180 29,896 (223,284) 11.8% Parking Fines 578,713 549,580 549,580 103,189 (446,391) 18.8% Library Fines & Fees 154,425 155,520 155,520 35,462 (120,058) 22.8% Contributions & Donations 705,917 377,972 392,972 53,174 (339,799) 13.5% Printed Materials 43,411 48,400 48,400 10,332 (38,068) 21.3% Animal Adoption 12,015 14,190 14,190 3,810 (10,380) 26.8% Misc Merchandise 55,052 54,930 54,930 22,366 (32,564) 40.7% Intra -City Charges 3,795,296 4,226,884 4,226,884 990,979 (3,235,905) 23.4% Other Misc Revenue 2,118,650 779,349 956,349 (296,023) (1,252,372) -31.0% Special Assessments 1,087 1,000 1,000 - (1,000) 0.0% Subtotal $ 7,702,861 $ 6,461,005 $ 6,653,005 $ 953,185 $ (5,699,820) 14.3% City of Iowa City Revenues by Type Fiscal Year 2018 through September 30, 2017 1 2017 2018 2015 2018 Actual Budget Revised Actual Variance Percent Use Of Money And Property: Interest Revenues $ 1,551,921 $ 1,022,383 $ 1,022,763 $ (334,495) $ (1,357,258) -32.7% Rents 1,370,376 1,307,630 1,307,630 344,232 (963,398) 26.3% Royalties & Commissions 140,491 94,950 94,950 29,341 (65,609) 30.9% Subtotal 3,062,788 2,424,963 2,425,343 39,077 (2,386,266) 1.6% Other Financial Sources: Debt Sales 33,795,498 14,671,084 14,671,084 - (14,671,084) 0.0% Sale Of Assets 3,081,294 1,956,508 2,619,508 242,318 (2,377,190) 9.3% Loans 1,106,510 1 265,042 1,265,042 564,336 (700,706) 44.6% Subtotal 37,983,302 17,892,634 18,555,634 806,654 (17,748,980) 4.3% Total Budgetary Revenues $ 193,830,381 $ 161,391,150 $ 168,697,674 $ 20,888,017 (147,809,657) 12.4% Non-Budoetary Fund Revenues Capital Project Funds $ 174 $ - $ - $ - $ - 0.0% Internal Service Funds 18,635,940 19,359,786 19,359,786 5,608,033 (13,751,753) 29.0% Total Non -Budgetary Revenues $ 18,636,114 $ 19,359,786 $ 19,359,786 $ 5,608,033 $ (13,751,753) 29.0% Total Revenues - All Funds $ 212,466,494 $ 180,750,936 $ 188,057,460 $ 26,496,050 $ (161,561,410) 14.1% 1 City of Iowa City Expenditures by Fund Fiscal Year 2018 through September 30, 2017 7 2017 2018 2018 2018 Actual Budget Revised Actual Variance Percent Budgetary Fund Expenditures General Fund 10" General Fund $ 51,413,370 $ 56,552,008 $ 58,391,677 $ 13,406,510 $ 44,985,167 23.0% Special Revenue Funds 2100 Community Dev Block Grant 1,390,132 568,686 754,724 60,320 694,404 8.0% 2110 HOME 192,082 465,444 1,113,122 319,753 793,369 28.7% 2200 Road Use Tax Fund 5,262,429 6,221,226 6,421,726 1,358,860 5,062,866 21.2% 2300 Other Shared Revenue 652,152 - 375,158 225,513 149,645 60.1% 2350 Metro Planning Org of Johnson Co. 609,907 633,977 633,977 139,231 494,746 22.0% 2400 Employee Benefits 868,301 1,243,475 1,243,475 354,190 889,285 28.5% 2500 Affordable Housing Fund 500,000 650,000 650,000 325,000 325,000 50.0% 2510 Peninsula Apartments 59,023 53,557 53,557 12,646 40,911 23.6% 26" Tax Increment Financing - 332,365 332,365 - 332,365 0.0% 2820 SSMID-Downtown District 318,343 355,350 355,350 - 355,350 0.0% Debt Service Fund 5"' Debt Service 15,218,289 14,256,417 14,256,417 3,099,299 11,157,118 21.7% Enterprise Funds 720` Wastewater 21,260,750 10,601,444 15,867,503 10,733,389 5,134,114 67.6% 730* Water 12,372,374 8,465,881 14,240,160 9,014,280 5,225,880 63.3% 7400 Refuse Collection 3,053,376 3,427,206 3,427,206 758,267 2,668,939 22.1% 750* Landfill 4,973,964 4,902,903 4,987,903 1,136,305 3,851,598 22.8% 7600 Airport 665,802 369,187 369,187 92,639 276,548 25.1% 7700 Storm water 747,069 518,983 518,983 140,953 378,030 27.2% 79" Housing Authority, 8,651,207 8,201,363 8,201,363 2,832,425 5,368,938 34.5% Capital Project Funds Governmental Projects 32,902,808 32,530,291 78,905,612 5,146,022 73,759,590 6.5% Enterprise Projects 3,657,836 8,825,015 20,830,218 1,242,888 19,587,330 6.0% Total Budgetary Expenditures $ 175,931,866 $ 173,318,414 $ 251,164,819 $ 52,676,830 $ 198,487,989 21.0% Non -Budgetary Funds Expenditures Capital Project Funds Internal Service Projects $ 61,633 $ - $ - $ - - 0.0% Internal Service Funds 810* Equipment 4,683,979 4,543,387 5,503,948 727,067 4,776,881 13.2% 8200 Risk Management 1,236,127 1,472,081 1,472,081 570,334 901,747 38.7% 830' Information Technology 1,624,715 2,217,207 2,217,207 382,202 1,835,005 17.2% 8400 Central Services 201,065 262,163 262,163 22,713 239,450 8.7% 8500 Health Insurance Reserves 7,218,542 8,341,355 8,341,355 1,616,215 6,725,140 19.4% 8600 Dental Insurance Reserves 374,002 399,386 399,386 86,220 313,166 21.6% Total Non -Budgetary Expenditures $ 15,400,061 $ 17,235,579 $ 18,196,140 $ 3,404,751 $ 14,791,389 18.7% Total Expenditures - All Funds $ 191,331,927 $ 190,553,993 $ 269,360,959 $ 56,081,582 $ 213,279,377 20.8% 7 City of Iowa City Expenditures by Fund by Department Fiscal Year 2018 through September 30, 2017 Special Revenue Funds 2100 Community Dev Block Grant Neighborhood & Development Services 2110 HOME Neighborhood & Development Services 2200 Road Use Tax Fund Public Warks 2300 Other Shared Revenue Neighborhood & Development Services 2350 Metro Planning Org of Johnson Cc Neighborhood & Development Services 2400 Employee Benefits Finance 2500 Affordable Housing Fund Neighborhood & Development Services 2510 Peninsula Apartments Neighborhood & Development Services 26" Tax Increment Financing Finance 2820 SSMID-Downtown District Finance Total Special Revenue Funds Debt Service Fund 5"` Debt Service Finance Total Debt Service Fund 1,390,132 568,686 754,724 60,320 694,404 8.0% 192,082 5,262,429 652,152 609,907 465,444 1,113,122 319,753 793,369 28.7% 6,221,226 6,421,726 1,358,860 5,062,866 21.2% - 375,158 633,977 633,977 868,301 1,243,475 1,243,475 225,513 149,645 60.1% 139,231 354,190 500,000 650,000 650,000 325,000 59,023 53,557 53,557 12,646 - 332,365 332,365 - 494,746 22.0% 889,285 28.5% 325,000 50.0% 40,911 23.6% 332,365 0.0% 318,343 355,350 355,350 355,350 0.0% 9,852,369 10,524,080 11,933,454 2,795,512 9,137,942 23.4% 15,218,289 14,256,417 14,256,417 3,099,299 11,157,118 21.7% 15,218,289 14,256,417 14,256,417 3,099,299 11,157,118 21.7% 8 2017 2018 2018 2018 Actual Budget Revised Actual Variance Percent Budgetary Funds Expenditures General Fund 10'• General Fund City Council $ 110,152 $ 108,590 $ 113,859 $ 41,234 $ 72,625 36.2% City Clerk 500,977 595,728 605,228 98,732 506,496 16.3% City Attorney 733,337 762,815 762,815 178,878 583,937 23.4% City Manager 2,148,884 4,087,474 4,234,997 920,518 3,314,479 21.7% Finance 3,655,228 4,349,981 4,615,557 1,387,510 3,228,047 30.1% Police 13,114,628 13,827,954 13,924,240 3,281,477 10,642,764 23.6% Fire 7,716,864 8,169,242 8,209,242 1,894,345 6,314,897 23.1% Parks & Recreation 7,812,840 8,139,582 8,230,051 1,915,927 6,314,124 23.3% Library 6,269,424 6,526,560 6,561,560 1,541,723 5,019,837 23.5% Senior Center 899,254 949,924 1,010,055 201,076 808,979 19.9% Neighborhood & Development Services 6,074,193 5,788,055 6,877,970 1,396,766 5,481,204 20.3% Public Works 1,757,925 2,384,366 2,384,366 457,658 1,926,708 19.2% Transportation & Resource Management 619,664 861,737 861,737 90,667 771,070 10.5% Total General Fund 51,413,370 56,552,008 58,391,677 13,406,510 44,985,167 23.0% Special Revenue Funds 2100 Community Dev Block Grant Neighborhood & Development Services 2110 HOME Neighborhood & Development Services 2200 Road Use Tax Fund Public Warks 2300 Other Shared Revenue Neighborhood & Development Services 2350 Metro Planning Org of Johnson Cc Neighborhood & Development Services 2400 Employee Benefits Finance 2500 Affordable Housing Fund Neighborhood & Development Services 2510 Peninsula Apartments Neighborhood & Development Services 26" Tax Increment Financing Finance 2820 SSMID-Downtown District Finance Total Special Revenue Funds Debt Service Fund 5"` Debt Service Finance Total Debt Service Fund 1,390,132 568,686 754,724 60,320 694,404 8.0% 192,082 5,262,429 652,152 609,907 465,444 1,113,122 319,753 793,369 28.7% 6,221,226 6,421,726 1,358,860 5,062,866 21.2% - 375,158 633,977 633,977 868,301 1,243,475 1,243,475 225,513 149,645 60.1% 139,231 354,190 500,000 650,000 650,000 325,000 59,023 53,557 53,557 12,646 - 332,365 332,365 - 494,746 22.0% 889,285 28.5% 325,000 50.0% 40,911 23.6% 332,365 0.0% 318,343 355,350 355,350 355,350 0.0% 9,852,369 10,524,080 11,933,454 2,795,512 9,137,942 23.4% 15,218,289 14,256,417 14,256,417 3,099,299 11,157,118 21.7% 15,218,289 14,256,417 14,256,417 3,099,299 11,157,118 21.7% 8 City of Iowa City Expenditures by Fund by Department Fiscal Year 2018 through September 30, 2017 9 2017 2018 2018 2018 Actual Budget Revised Actual Variance Percent Enterprise Funds 710' Parking Transportation & Resource Management $ 4,235,036 $ 6,941,622 $ 6,941,622 $ 781,423 $ 6,160,199 11.3% 715' Mass Transit Transportation & Resource Management 6,927,616 7,202,014 12,293,514 1,496,918 10,796,596 12.2% 720` Wastewater Public Works 21,260,750 10,601,444 15,867,503 10,733,389 5,134,114 67.6% 730` Water Public Works 12,372,374 8,465,881 14,240,160 9,014,280 5,225,880 63.3% 7400 Refuse Collection Transportation & Resource Management 3,053,376 3,427,206 3,427,206 758,267 2,668,939 22.1% 750' Landfill Transportation & Resource Management 4,973,964 4,902,903 4,987,903 1,136,305 3,851,598 22.8% 7600 Airport Airport Operations 665,802 369,187 369,187 92,639 276,548 25.1% 7700 Storm water Public Works 747,069 518,983 518,983 140,953 378,030 27.2% 79" Housing Authority Neighborhood& Development Services 8,651,207 8,201,363 8,201,363 2,832,425 5,368,938 34.5% Total Enterprise Funds 62,887,194 50,630,603 66,847,441 26,986,599 39,860,842 40.4% Capital Project Funds Governmental Projects 32,902,808 32,530,291 78,905,612 5,146,022 73,759,590 6.5% Enterprise Projects 3,657,836 8,825,015 20,830,218 1,242,888 19,587,330 6.0% Total Capital Project Funds 36,560,644 41,355,306 99,735,830 6,388,911 93,346,919 6.4% Total Budgetary Expenditures $ 175,931,866 $ 173,318,414 $ 251,164,819 $ 52,676,830 $ 198,487,989 21.0% Non-Budoetary Funds Expenditures Capital Project Funds Internal Service Projects $ 61,633 $ - $ - $ - $ - 0.0% Total Capital Project Funds 61,633 - - - - 0.0% Internal Service Funds 810' Equipment Public Works 4,683,979 4,543,387 5,503,948 727,067 4,776,881 13.2% 8200 Risk Management Finance 1,236,127 1,472,081 1,472,081 570,334 901,747 38.7% 830' Information Technology Finance 1,624,715 2,217,207 2,217,207 382,202 1,835,005 17.2% 8400 Central Services Finance 201,065 262,163 262,163 22,713 239,450 8.7% 8500 Health Insurance Reserves Finance 7,218,542 8,341,355 8,341,355 1,616,215 6,725,140 19.4% 8600 Dental Insurance Reserves Finance 374,002 399,386 399,386 86,220 313,166 21.6% Total Internal Service Funds 15,338,429 17,235,579 18,196,140 3,404,751 14,791,389 18.7% Total Non -Budgetary Expenditures $ 15,400,061 $ 17,235,579 $ 18,196,140 $ 3,404,751 $ 14,791,389 18.7% Total Expenditures -All Funds $ 191,331,927 $ 190,553,993 $ 269,360,959 $ 56,081,582 $ 213,279,377 20.8% 9 CITY OF IOWA CITY QUARTERLY INVESTMENT REPORT July 1, 2017 to September 30, 2017 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 twelve 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 0.871 % and the twelve month return was 1.001 %. 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 0.982%. (See exhibit A) Investments purchased by the City of Iowa City for the first quarter of this fiscal year had an average return of 1.245%. Rates on new investment purchases in our operating cash portfolio for the first quarter were 46 basis points higher than investments purchased at this time last year. The increase is due to the higher interest rates of the new investments. The federal funds rate is the interest rate at which banks lend to each other. In the September 20th meeting of the Federal Open Market Committee, the decision was made to maintain the target range for the federal funds rate at 1 Y< 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 maturity date, by fund, by institution, 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 July, 0.10% in August, and 0.10% in September 2017. EXHIBIT A City of Iowa City vs. 6 Month Treasury Bill 1.2 1.0 - c L d p 0.8 L Y.. o City of Iowa City 0.6 —F 6 Month T-bill CD —x-12 Month T-bill L d 0.4 s/ CL 0.2 glor 0.0 C? EXHIBIT A Federal Funds Rate 3.0 2.0 co U) -1 1.0 0.0 pp pp pp rip tp t: I" b nfb i K i i KI i Ki i Ki 1 ` i i 1 41i i i CITY OF IOWA CITY INVESTMENTS ON HAND DETAIL LISTING BY MATURITY DATE 30 -Sep -17 INSTITUTION INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST NAME TYPE DATE DATE AMOUNT RATE IPAIT IPAIT 27 -Sep -06 $ 30,428,651.23 0.72% HILLS BANK MONEY MRKT 30 -Mar -10 S 3,092,362.73 0.50% WELLS FARGO SAV 25 -Jul -12 $ 600,080.04 0.15% US BANK MONEY MRKT 22 -Jun -18 $ 10,037,133.39 0.45% BANKERS TRUST SAV 02 -May -17 $ 559,919.37 0.55% UICCU CD 22Jul-14 24Jul-19 $ 2,600,000.00 2.01% MIDWESTONE BANK CD 29 -Apr -15 29 -Oct -17 $ 1,000,000.00 1.02% 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 $ 500,000.00 1.04% IPAIT CD 16 -Sep -16 16 -Mar -18 $ 2,364,542.00 0.95% IPAIT CD 16 -Sep -16 17 -Sep -1B S 2,364,542.00 0.95% IPAIT CD 16 -Sep -16 18 -Mar -19 $ 2,364,542.00 1.05% IPAIT CD 16 -Sep -16 15 -Sep -19 $ 2,354,540.00 1.15% TWO RIVERS BANK CD 10 -Nov -18 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 CO 30 -Nov -16 01 -Deo -17 $ 2,000,000.00 0.93% MIDWESTONE BANK CD 15-0ec lfl 21 -Deo -17 $ 2,000,000.00 0.95% TWO RIVERS BANK CD 15 -Deo -16 15 -Deo -17 $ 2,000,000.00 0.93% CBI BANK &TRUST CD 17 -Jan -17 17 -Jan -18 $ 2,000,000.00 1.32% CBI BANK &TRUST CD 17 -Jan -17 24 -Jan -18 $ 2,000,000.00 1.32% NXT BANK CD 03 -Feb -17 02 -Aug -18 $ 2,000,000.00 1.24% MIDWESTONE BANK CD D3 -Feb -17 09 -Aug -18 $ 2,00D,000.00 1.26% CBI BANK CD 03 -Feb -17 16 -Aug -18 $ 2,000,000.00 1.38% CBI BANK CD 03 -Feb -17 23 -Aug -18 $ 2,000,000.00 1.38% MIDWESTONE BANK CD 10 -Feb -17 09 -Feb -18 $ 2,000,000.00 0.97% MIDWESTONE BANK CD 10 -Feb -17 16 -Feb -18 $ 2,000,000.00 1.00% MIDWESTONE BANK CD 10 -Feb -17 23 -Feb -18 $ 2,000,000.00 1.03% MIDWESTONE BANK CD 10 -Feb -17 02 -Mar -18 $ 2,000,000.00 1.06% MIDWESTONE BANK CD 24 -Feb -17 29-Deu17 $ 2,000,000.00 0.86% MIDWESTONE BANK CD 24 -Feb -17 05 -Jan -18 $ 2,000,000.00 0.88% MIDWESTONE BANK CD 24 -Feb -17 12 -Jan -18 $ 2,000,000.00 0.91% MIDWESTONE BANK CD 10 -Mar -17 09 -Mar -18 $ 2,000,000.00 1.05% MIDWESTONE BANK CD 10 -Mar -17 16 -Mar -18 $ 2,000,000.00 1.09% MIDWESTONE BANK CD 17 -Mar -17 08 -Deo -17 $ 2,000,000.00 1.16% MIDWESTONE BANK CD 17 -Mar -17 15-0eo-17 $ 2,000,000.OD 1.18% CR BANK & TRUST CD 03 -Mar -17 02 -Feb -18 $ 2,000,000.00 0.91% CBI BANK&TRUST CD 03 -Mar -17 Ci -Mar -19 $ 2,500,000.00 1.32% CR BANK & TRUST CD 07 -Apr -17 06 -Apr -18 $ 2,000,000.00 1.12% CR BANK & TRUST CD 07 -Apr -17 13 -Apr -18 $ 2,000,000.00 1.12% CR BANK & TRUST CD 14 -Apr -17 20 -Apr -18 $ 2,000,000.00 1.12% CR BANK&TRUST CD 14 -Apr -17 27 -Apr -18 $ 2,000,000.00 1.12% PIPER JAFFRAY & CO NOTE 30 -May -17 28 -May -19 $ 2,000,000.00 1.45% MIDWESTONE BANK CD 12 -May -17 10 -Nov -17 $ 2,000,000.00 1.13% MIDWESTONE BANK CD 12 -May -17 17 -Nov -17 $ 2,000,000.00 1.15% IPAIT CD 26 -May -17 28 -May -18 $ 2,000,000.00 1.20% HILLS BANK CD 30 -May -17 30 -Oct -20 $ 2,000,000.00 1.85% FARMERS & MERCHANTS BANK CD 30 -Jun -17 30 -Jun -18 $ 250,000.00 1.25% PIPER JAFFRAY &CO NOTE 01 -Jun -17 22 -Jun -18 $ 2,000,000.00 1.20% PIPER JAFFRAY &CO NOTE 05 -Jun -17 02 -Mar -1B $ 500,000.00 1.28% PIPER JAFFRAY& CO NOTE 28 -Jun -17 28 -Jun -19 $ 2,000,000.00 1.45% PIPER JAFFRAY &CO NOTE 10 -Jul -17 02 -Oct -17 $ 2,000,000.00 1.05% PIPER JAFFRAY &CO NOTE 24 -Jul -17 26 -Oct -17 $ 3,000,000.00 1.14% CR BANK & TRUST CD 27 -Jul -17 27 -Jul -18 $ 2,000,000.00 1.52% CR BANK & TRUST CD 27 -Jul -17 02 -Aug -18 $ 2,000,000.00 1.52% CR BANK & TRUST CD 31 -Jul -17 09 -Aug -18 $ 2,000,000.00 1.52% PIPER JAFFRAY & CO NOTE 01 -Aug -17 05 -Oct -17 $ 2,000,000.00 1.09% HILLS BANK CD 15 -Aug -17 15 -Aug -19 S 4,000,000.00 1.75% MIDWESTONE BANK CO 14 -Aug -17 17 -Aug -18 $ 2,000,000.00 1.37% CR BANK &TRUST CD 16 -Aug -17 12 -Aug -18 $ 2,000,000.00 1.47% IPAIT CD 18 -Aug -17 20 -Aug -18 $ 775,000.OD 1.50% TWO RIVERS BANK CD 22 -Aug -17 22 -Aug -18 $ 2,OOD,000.00 1.49% PIPER JAFFRAY &CO NOTE 31 -Aug -.17 12 -Oct -17 $ 2,000,000.00 1.01% IPAIT CD 12 -Sep -17 02 -Oct -17 $ 10,000,000.00 1.05% PIPER JAFFRAY &CO NOTE 22 -Sep -17 13 -Oct -17 $ 2,000,000.00 0.99% PIPER JAFFRAY &CO NOTE 27 -Sep -17 19 -Oct -17 $ 2,000,000.00 0.91% IPAIT IPAIT 29 -Sep -17 28 -Sep -18 $ 2,000,000.00 1.50% TOTAL S 188,301,312.76 CITY OF IOWA CITY INVESTMENTS ON HAND SUMMARY BY FUND 9/30/17 9/30/16 FUND INVESTMENT INVESTMENT TYPE AMOUNT AMOUNT ALL OPERATING FUNDS GENERAL OBLIGATION BOND FUND SEWER RESERVE FUND WATER RESERVE FUND PARKING RESERVE FUND EQUIPMENT RESERVE FUND LANDFILL RESERVE FUND HEALTH INSURANCE RESERVE FUND TOTAL •i57,218,14.76 $ 130,813,094.17 $ 9,458,166.00 $ 14,187,250.00 $ 5,125,000.00 $ 5,718,660.00 $ 2,500,000.00 $ 2,480,221.00 $ 2,000,000.00 $ $ 4,000,000.00 $ $ 4,000,000.00 $ $ 4,000,000.00 $ $ 188,301,312.76 $ 153,199,225.17 CITY OF IOWA CITY INVESTMENTS ON HAND LISTING BY INSTITUTION TOTAL $'188,301,3.12.76 $ 153,199,225.17 9/30/17 9/30/16 INSTITUTION INVESTMENT INVESTMENT DEPOSITORY NAME AMOUNT AMOUNT LIMIT BANK OF THE WEST $ - $ $ 75,000,000.00 BANKER'S TRUST $ 659,919.37 $ $ 20,000,000.00 CEDAR RAPIDS BANK & TRUST $ 113,000,000.00 $ 16,775,000.00 $ 50,000,000.00 FARMERS & MERCHANTS SAVINGS BANK $ 2550,000.00 $ 4,000,000.00 $ 15,000,000.00 FIRST AMERICAN BANK $ $ - $ 35,000,000.00 CBI BANK & TRUST $ 10 500,000.00 $ 8,000,000.00 $ 15,000,000.00 HILLS BANK & TRUST $ 9,092,362.73 $ 11,000,000.00 $ 25,000,000.00 IOWA PUBLIC AGENCY INVESTMENT TRUST $ 54,631,817.23 $ 20,500,000.00 N/A LIBERTY BANK $ - $ - $ 25,000,000.00 MIDWESTONE BANK $ 54,000,000.00 $ 28,480,221.00 $ 100,000,000.00 NXT BANK $ 2,000,000.00 $ $ 2,000,000.00 PIPER JAFFRAY & CO $ 19,500,000.00 $ N/A TWO RIVERS BANK $ 6,000,000.00 $ 8,000,000.00 $ 15,000,000.00 U OF I COMMUNITY CREDIT UNION $ 2,600,000.00 $ 7,444,150.00 $ 50,000,000.00 US BANK $ 10,037,133.39 $ 10,000,000.00 $ 65,000,000.00 WELLS FARGO SECURITIES $ 500,000.00 $ 4,583,410.00 N/A WELLS FARGO BANK $ 600,080.04 $ 34,416,444.17 $ 50,000,000.00 WEST BANK $ - $ - $ 35,000,000.00 TOTAL $'188,301,3.12.76 $ 153,199,225.17 CITY OF IOWA CITY INVESTMENT ACTIVITY FOR THE QUARTER ENDED SEPTEMBER 30, 2017 INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST INSTITUTION TYPE DATE DATE AMOUNT RATE INVESTMENTS ON HAND AT 6/30/17 $ 186,553,831.53 PURCHASES 07/01/17 TO 9/30/17 PIPER JAFFRAY & CO OPERATING 10 -Jul -17 02 -Oct -17 $ 2,000,000.00 1.047 PIPER JAFFRAY & CO OPERATING 18 -Jul -17 31 -Aug -17 $ 2,000,000.00 1.015 PIPER JAFFRAY & CO OPERATING 24 -Jul -17 26 -Oct -17 $ 3,000,000.00 1.139 CR BANK&TRUST OPERATING 27 -Jul -17 27 -Jul -18 $ 2,000,000.00 1.520 CR BANK & TRUST OPERATING 27Jul-17 02 -Aug -18 $ 2,000,000.00 1.520 CR BANK & TRUST OPERATING 31 -Jul -17 09 -Aug -18 $ 2,000,000.00 1.520 WELLS FARGO OPERATING 31 -Jul -17 $ 76.42 0.150 IPAIT OPERATING 31 -Jul -17 $ 19,930.65 0.682 HILLS BANK OPERATING 31 -Jul -17 $ 2,815.56 0.500 US BANK OPERATING 31 -Jul -17 $ 3,832.46 0.450 BANKERSTRUST OPERATING 31 -Jul -17 $ 17,306.85 0.550 PIPER JAFFRAY & CO OPERATING 01 -Aug -17 05 -Oct -17 $ 2,000,000.00 1.087 BANKERS TRUST OPERATING 08 -Aug -17 $ 2,000,000.00 0.550 PIPER JAFFRAY & CO OPERATING 14 -Aug -17 22 -Sep -17 $ 2,000,000.00 0.995 MIDWESTONE BANK OPERATING 14 -Aug -17 17 -Aug -18 $ 2,000,000.00 1.370 HILLS BANK OPERATING 15 -Aug -17 15 -Aug -19 $ 4,000,000.00 1.750 CR BANK & TRUST OPERATING 16 -Aug -17 12 -Aug -18 $ 2,000,000.00 1.470 IPAIT OPERATING 18 -Aug -17 20 -Aug -18 $ 775,000.00 1.500 TWO RIVERS BANK OPERATING 22 -Aug -17 22 -Aug -18 $ 2,000,000.00 1.490 PIPER JAFFRAY & CO OPERATING 31 -Aug -17 12 -Oct -17 $ 2,000,000.00 1.010 US BANK OPERATING 31 -Aug -17 $ 3,833.93 0.450 IPAIT OPERATING 31 -Aug -17 $ 23,399.67 0.688 WELLS FARGO OPERATING 31 -Aug -17 $ 76.43 0.150 HILLS BANK OPERATING 31 -Aug -17 $ 2,079.44 0.500 BANKERS TRUST OPERATING 31 -Aug -17 $ 8,772.78 0.550 IPAIT OPERATING 31 -Aug -17 $ 23,606.87 0.722 IPAIT OPERATING 12 -Sep -17 02 -Oct -17 $ 10,000,000.00 1.050 PIPER JAFFRAY & CO OPERATING 22 -Sep -17 13 -Oct -17 $ 2,000,000.00 0.994 PIPER JAFFRAY & CO OPERATING 27 -Sep -17 19 -Oct -17 $ 2,000,000.00 0.913 IPAIT OPERATING 29 -Sep -17 28 -Sep -18 $ 2,000,000.00 1.500 US BANK OPERATING 30 -Sep -17 $ 3,711.65 0.450 BANKERS TRUST OPERATING 30 -Sep -17 $ 2,506.53 0.550 WELLS FARGO OPERATING 30 -Sep -17 $ 73.98 0.150 TOTAL PURCHASES $ 47,887,023.23 CITY OF IOWA CITY INVESTMENT ACTIVITY FOR THE QUARTER ENDED SEPTEMBER 30, 2017 INVESTMENT PURCHASE MATURITY INVESTMENT INTEREST INSTITUTION TYPE DATE DATE AMOUNT RATE REDEMPTIONS 07/01/17 TO 9/30/17 BANKERS TRUST OPERATING 18 -Jul -17 $ (2,000,000.00) 0.550 MIDWESTONE BANK OPERATING 26 -Jan -17 25 -Jul -17 $ (2,000,000.00) 0.810 PIPER JAFFRAY & CO OPERATING 28 -Jun -17 24 -Jul -17 $ (2,000,000.00) 0.985 BANKERS TRUST OPERATING 10 -Jul -17 $ (3,000,000.00) 0.550 TWO RIVERS BANK OPERATING 25 -Jan -17 01 -Aug -17 $ (2,000,000.00) 1.041 TWO RIVERS BANK OPERATING 25 -Jan -17 08 -Aug -17 $ (2,000,000.00) 1.061 PIPER JAFFRAY & CO OPERATING 23 -May -17 08 -Aug -17 $ (2,000,000.00) 0.920 BANKERS TRUST OPERATING 01 -Aug -17 $ (2,000,000.00) 0.550 BANKERS TRUST OPERATING 14 -Aug -17 $ (2,000,000.00) 0.550 TWO RIVERS BANK OPERATING 25 -Jan -17 15 -Aug -17 $ (2,000,000.00) 1.091 HILLS BANK OPERATING 30 -Mar -10 $ (4,000,000.00) 0.500 CR BANK & TRUST SEWER RESERVES 18 -Aug -15 18 -Aug -17 $ (775,000.00) 0.680 TWO RIVERS BANK OPERATING 25 -Jan -17 22 -Aug -17 $ (2,000,000.00) 1.111 PIPER JAFFRAY & CO OPERATING 18 -Jul -17 31 -Aug -17 $ (2,000,000.00) 1.015 FAIT 2016 CHAUNCEY BONDS 16 -Sep -16 19 -Sep -17 $ (2,364,542.00) 0.850 PIPER JAFFRAY & CO OPERATING 14 -Aug -17 22 -Sep -17 $ (2,000,000.00) 0.995 PIPER JAFFRAY & CO OPERATING 15 -Jun -17 26 -Sep -17 $ (2,000,000.00) 1.027 FAIT OPERATING 27 -Sep -06 $ (10,000,000.00) 0.722 TOTAL REDEMPTIONS $ (46,139,542.00 INVESTMENTS ON HAND AT 09/30/17 $ 188,301,312.76 r CITY OF IOWA CITY APs '-�'s�� MEMORANDUM DATE: October 26, 2017 TO: Mayor and City Council FROM: Kellie Fruehling, City Clerk RE: Proposed Council Meeting Schedule, January — March 2018 Below is a proposed meeting schedule (January thru March) for discussion at your work session on November 6, 2017. Please check your calendars and let me know if you'd like to make any changes in the proposal. Tuesday, January 2, Special Formal (Organizational Meeting), 8:00 AM January 2, Work Session, 5:00 PM January 2, Formal 7:00 PM Tuesday, January 16, Work Session, 5:00 PM January 16, Formal 7:00 PM Tuesday, February 6, Work Session, 5:00 PM February 6, Formal 7:00 PM Tuesday, February 20, Work Session, 5:00 PM February 20, Formal 7:00 PM Tuesday, March 6, Work Session, 5:00 PM March 6, Formal 7:00 PM Tuesday, March 20, Work Session, 5:00 PM March 20, Formal 7:00 PM S:clk/rENTATIVESCHEOULE/SCHEDULE PROPOSED 2018 (JAN-MAR.).doc �r10-26-17 IP9 • wrl®��i CITY OF IOWA CITY 410 East Washington Street Iowa City. Iowa 52240-1826 (3 19) 356-5000 (319)356-5009 FAX www.icgov.org October 25, 2017 TO: The Honorable Mayor and the City Council RE: Civil Service Entrance Examination — Customer Service Representative Under the authority of the Civil Service Commission of Iowa City, Iowa, I do hereby certify the following named person(s) as eligible for the position of Customer Service Representative. Yvette Dolezal cm Oanh Nguyen C'> C) o rn r IOWA CITY CIVIL SERVICE C©MMMSI(P Lyra#V. Dickerson, Chair IP10 Kellie Fruehling From: Johnson County Affordable Housing Coalition <jcaffordablehousing=gmail.com@mai I129.atl61.mcsv.net> on behalf of Johnson County Affordable Housing Coalition <jcaffordablehousing@gmail.com> Sent: Wednesday, October 25, 2017 9:14 AM To: Council Subject: FRIDAY! How a new initiative will impact some of our most vulnerable residents News and Updates from the Johnson County Affordable Is this email not displaying correctly? Housing Coalition! View it in your browser. JCAt[C Housing First project comes to Iowa City! Learn more at our October Community Meeting Our October Community Meeting will feature guest Crissy Canganelli, Executive Director of Shelter House. Crissy will be discussing the FUSE Housing First project that will be coming soon to our community. This 24 -unit housing opportunity will serve individuals who have experience chronic homelessness. Find our how the project was developed, whom and how it will serve, and what our community can do to support this important step in providing quality housing for all. Please join us for what is sure to be an informative and lively discussion! Friday, October 27 Noon -1:00 pm Room 214, Health and Human Services building (855 S. Dubuque St, Iowa City) Copyright © 2017 Johnson County Affordable Housing Coalition, All rights reserved. rMajr0 You are receiving this email because you signed up at an event or meeting. Our mailing address is: Johnson County Affordable Housing Coalition 308 E. Burlington St. PMB 121 Iowa City, IA 52240 Add us to your address book unsubscribe from this list I update subscription preferences I view email in browser