The City of Council Bluffs is proposing an amendment to the City of Council Bluffs budget for the fiscal year ending June 30,2020.

The proposed budget amendment increases revenue, excluding transfers, by $3.6M with the largest drivers related to increases for bond refunding, reduced by decreases related to the impact of Covid-19 of $5.2M.  Expenditures, excluding transfers, are increasing in the amended budget by $12.2M with the primary drivers related to projects associated with the 2019 flood events, coupled with increases for bond expenditures.  Many of the flood related projects will qualify for FEMA and State reimbursement funding.