The finish line for the city government budgeting process in Iowa is clear, with state law requiring cities to approve and file…
Cities may need to borrow money for a number of different reasons, but it usually revolves around a capital project or equipment…
The pension standards required by Governmental Accounting Standards Board Statement Number 68 (GASB 68) affect different cities in different ways. It has no impact on financial…
The Road Use Tax Fund (RUTF) is state-shared revenue created in 1949 by the legislature and enshrined in the Iowa Constitution to assist state, county…
City governments offer a wide range of services to their citizens, some of which require direct payment. Utility charges, admission to recreational…
Governmental Accounting Standards Board Statement Number 77 (GASB 77) requires governments that participate in tax abatement agreements and policies to communicate the…
Process to Sell City Real Property While there is a prescribed process set out in Section 364.7 of the Code of Iowa for the…
As required by Code of Iowa Section 312.14, all cities are required to annually complete the Street Finance Report. The report details…
Many would suggest that cities do accounting on the accrual basis “just like a business”. However, there are real differences between a business…
The financial condition of a community is ultimately the responsibility of the mayor and city council. The mayor, council, city staff and independent auditors…