By Sam Parsons
The Oskaloosa City Council met last night and received a presentation from Martens & Company on their audit for FY2022. The audit showed that the cash balances of the city at the close of the fiscal year are $24,950,175, compared to $21,166,064 as of June 30, 2021. That’s an increase of roughly $3,784,000. Additionally, the audit showed that the city’s total long-term debt decreased by approximately $1,930,000 during FY2022. The balance of the city’s general fund didn’t significantly change and remains at approximately $4.8 million.
The council also had the first reading of ordinances instituting no-parking restrictions on South B Street, North A Street, and North B Street. Surveys were conducted with residents along North A and North B streets and the results were split among those who favored restrictions and those who didn’t. In November, the Traffic Safety Commission recommended restrictions on North B Street, but not North A Street.
The next regular council meeting for the city of Oskaloosa is scheduled for December 19.