Iowa City’s annual year-end financial report, which provides information on actual income, incurred expenses, and financial position through the end of fiscal year 2016, is now available on the City’s website at www.icgov.org/budget. Compilation of the Comprehensive Annual Financial Report (CAFR) is required by the State Code of Iowa.
The 158-page report will be reviewed by the City Council and submitted to the City’s bond holders. It will also be forwarded to the Government Finance Officers Association (GFOA) for consideration for an award in government financial reporting. The City of Iowa City has earned the GFOA award for excellence for the past 31 years. The CAFR was audited by the CPA firm Eide Bailly LLP.
In addition to the CAFR report, other financial documents currently available for viewing on the City’s website at www.icgov.org/budget include the FY2017 adopted budget for the current fiscal year that ends June 30, 2017 and the City’s current three-year financial plan.
For more information on the CAFR report, contact City Controller Nicole Knudtson-Davies at 319-356-5085 or Nicolefirstname.lastname@example.org. Questions about other City financial documents may be directed to Dennis Bockenstedt, Finance Director, at 319-356-5053 or email@example.com.