Item Coversheet

Council Communication

Department: Finance
Case/Project No.: FY20
Submitted by: FinanceĀ 
Resolution 20-238
ITEM 8.C.
Council Action: 9/28/2020
Description

Resolution approving the City Street Financial Report ending June 30, 2020
Background/Discussion

The City of Council Bluffs is required to prepare and submit to the Iowa Department of Transportation an annual report showing all receipts and expenditures for road maintenance and road construction.  All revenue and expenditures are summarized on the City Street Financial Report for fiscal year 2020.  Please note transfers in/transfers out are included in the grand total columns, as well as bond principal payments.  After discussion with IDOT on 9/10/20, there will be changes made to the report for FY21 to eliminate the inflated grand totals.
Recommendation

The City Council approves the City Street Financial Report as attached
ATTACHMENTS:
DescriptionTypeUpload Date
Street Finance Report FY20Other9/18/2020
Resolution 20-238Resolution9/23/2020