Background/Discussion
The City of Council Bluffs is proposing an amendment to the City of Council Bluffs Budget for the fiscal year ending June 30, 2019.
The proposed budget amendment increases revenue by $6,754,654 and increases expenditures by $5,904,354 resulting in favorably to revenue of $850,300. The changes are primarily due to the receipt of revenue and expenditures for the data center construction in the City and estimated costs which may be incurred by the City for the flood event.