Columbus Junction’s 2023 City Street Finance and its 2023 Urban Renewal reports were approved by the city council during its regular meeting on Wednesday, according to Mayor Mark Huston.

The street report showed total expenses of $332,072 and total revenue of $390,783.

The more detailed breakdown of expenses showed $45,841in street maintenance was covered under the city’s General Fund; while $18,953 was carried under the city’s Debt Service Fund for loan principal and interest payments.

The largest share of expenses was under the city’s Road Use Fund, where $267,278 in expenses were listed.

Those costs included: salaries, $12,036; benefits, $1,981; building and grounds maintenance and repair, $8,000; vehicle and office equipment operation and repair, $18,142; operational equipment repair, $429; street lights, $32,494; insurance, $1,432; street maintenance expense, $160,054; new posts and signs, $3,747; other supplies, $13,084; principal payment, $7,995; interest payment, $208; snow removal, $7,676.

On the revenue side, the General Fund received $45,841 from property taxes; the Road Use account received its entire $251,829 in revenue from state road use taxes.

Other revenue sources included $18,953 in property taxes that went to Debt Service; and $74,160 in federal grants.

The 2023 Urban Renewal Report showed outstanding tax increment financing (TIF) debt and obligations of $239,724.

The TIF Special Revenue Fund Balance as of July 1, 2022, was $26,429. Total Revenue received through the TIF in 2023 was $34,286; while Total Expenses were $18,953.

That raised the TIF Special Revenue Cash Balance on June 30, 2023 to $41,762.

The Year-End Outstanding TIF Balance was $179,009.

In other action during the council meeting, Huston said a proposal from council member Josh Buckman to purchase an oak park bench for $200 was approved.

Huston also reported Dan Conry was appointed interim director for the cityoperated Louisa County Ambulance Service.