The Mental Health/Disability Services of the East Central Region, a jointly governed organization formed pursuant to the provisions of Chapter 28E of the Code of Iowa, which became effective July 1, 2014, includes the following member counties: Bremer County, Buchanan County, Delaware County, Dubuque County, Iowa County, Johnson County, Jones County, Linn County, and Benton County. The financial activity of Dubuque County's Special Revenue, Mental Health Fund is included in the Mental Health/Disability Services of the East Central Region for the year ended June 30, 2022 as follows:
| Revenues | | |
|---|
| Property and other county tax | | $ 1,957,087 |
|---|
| Intergovernmental revenues | $ 154,616 | |
|---|
| State tax credits | $ 343,820 | |
|---|
| Receipts from regional fiscal agent | | 498,436 |
|---|
| | 136 |
|---|
| Miscellaneous | | |
|---|
| Total revenues | | 2,455,659 |
|---|
| Expenditures | | |
|---|
| Services to persons with | | |
|---|
| Mental illness | | 54,180 |
|---|
| General administration | | |
|---|
| Direct administration | 421,882 | |
|---|
| Distribution to regional fiscal agent | 3,333,797 | |
|---|
| | 3,755,679 |
|---|
| Total expenditures | | 3,809,859 |
|---|
| Excess of Revenues Over Expenditures | | (1,354,200) |
|---|
| Fund Balance Beginning of Year | | 1,354,200 |
|---|
| Fund Balance End of Year | | $ - |
|---|
Governmental Accounting Standards Board Statement No. 77 defines tax abatements as a reduction in tax
revenues that results from an agreement between one or more governments and an individual or entity in
which (a) one or more governments promise to forgo tax revenues to which they are otherwise entitled and (b)
the individual or entity promises to take a specific action after the agreement has been entered into that
contributes to economic development or otherwise benefits the governments or the citizens of those
governments.