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...