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Toledo council approves FY26 Annual Financial Report

July 27, 2026 | Toledo, Tama County, Iowa


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Toledo council approves FY26 Annual Financial Report
The Toledo City Council approved the FY26 Annual Financial Report (AFR) at its July 27 meeting. Councilmember Cook moved to approve the AFR and Vesely seconded; the motion carried on a unanimous voice vote.

The minutes record expense fund totals that accompany the report: General expenses $62,094.79; Road Use Tax $5,753.11; Water expenses $13,467.93; Sewer expenses $34,679.73; with total expense funds of $130,075.64. Revenue funds listed included General $189,581.81 and Water $61,592.39. The council did not record further discussion on the AFR in the minutes.

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