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Front Street between Dubuque and Cherry streets closed

Front Street between Dubuque and Cherry streets closed

The section of North Front Street is closed between Cherry St and Dubuque St.  This section is closed because of damaged caused by frost leaving the ground.  It will remain closed until further notice.

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Audit for the Fiscal Year that Ended June 30, 2018, Completed

Winkel, Parker & Foster, CPA PC today released an audit report on the City of North Liberty, Iowa for the year ended June 30, 2018.

The City’s receipts totaled $30,314,952, a 1.12 percent increase from 2017. The receipts included $9,658,900 in property tax and commercial/industrial tax replacement, $4,074,528 in tax increment financing revenues, $11,499,383 from charges for service, $2,775,086 from operating grants, contributions and restricted interest, $1,984,940 from capital grants, contributions and restricted interest, $96,806 from unrestricted interest on cash investments, and $225,309 from other receipts. The City received $12,116,731 from bond and loan proceeds and $124,748 from the sale of capital assets during the year.

Disbursements for the year totaled $46,967,366, a 5.18 percent increase from 2017. The disbursements for governmental-type activities included $10,035,175 for capital projects, $4,899,061 for debt service, and $3,931,551 for culture and recreation. Also, disbursements for business-type activities totaled $18,926,292.

A copy of the audit report is available for review in the office of the Auditor of State and the City Clerk’s office at City Hal, 3 Quail Creek Circle.

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