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The city council of Adel, IA passed its 2 0 2 3 fiscal year General Fund budget ( July 1 , 2 0 2 2

The city council of Adel, IA passed its 2023 fiscal year General Fund budget (July 1,2022 to June 30,2023). For fiscal year 2022, Adel closed the fiscal year with an operating deficit of $590,000. Unassigned fund balance at June 30,2022 was $965,000, before applying the operating deficit. Adel has the following FY 2023 budget adoption information:
Estimated Revenues:
\table[[Property Taxes,$1,214,000
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