Waterloo finance committee approves travel requests, pre-authorizations and multiple budget amendments

The Waterloo City Council Finance Committee approved staff travel requests, a series of pre-authorizations for equipment and programs, and multiple budget amendments at a finance committee meeting. Committee members voted by voice to carry the motions and forwarded the bills and payments to the full council for final action.

The committee approved a project budget for an EPA Brownfields multipurpose grant in the amount of $1,000,000 to fund testing and abatement at multiple sites, as submitted by planning and zoning. The committee also approved a budget amendment to increase revenue transfers and cash-on-hand revenue lines and corresponding engineering and backbone expense lines by $20,000,000 to cover additional ARPA dollars for the backbone fiber project, as submitted by the finance department. In related financing decisions, the committee approved increasing the sale-of-bonds revenue line and engineering/backbone expense lines by $5,500,000 for sewer…