Hunter
12/20/22
A large federal road construction grant helped the city of North Liberty finish the fiscal year ending June 30th with an operating surplus.
In a release from the city, BerganKDV released their audit report, as required annually. It showed receipts for the year were up 5 percent from fiscal year 2021, and totaled nearly $47.3 million.
The city increased disbursements by 12 percent in the same period, including $12.27 million on capital projects. The total disbursements were over $44.5 million.
At the end of Fiscal Year 2022, the City of North Liberty had an operating surplus of nearly $2.73 million.
A copy of the city’s audit has been filed with the State Auditor’s office and is available for review on their website. A copy is also available at the North Liberty City Clerk’s office.