Adel Aquatic Center Local Option Sales Tax (LOST) Budget Information.
It has been the desire of the Parks & Recreation Commission and the Pool Steering Committee to be extremely transparent with the use of funds received from the LOST for this project. To that end, this page is dedicated to fully reveal and explain the use of revenues for the design, layout, building, equiping and operating the Aquatic Center. Should you have questions about any of this information please contact City Hall and we will attempt to answer any questions.
Spreadsheet of revenues received.
Estimate Reports from the Iowa Department of Revenue.
LOST Cash Flow Analysis - July 2010
Preliminary Debt Service Analysis - July 2010
Cash Flow Report - Updated revenue and expense