|City Council Receives Financial Report; Applies for New Traffic Signs|
|Monday, 05 November 2012 19:08|
An auditor from Martens and Co. in Des Moines says the city of Oskaloosa is doing well financially. He presented a report on the 2012 fiscal year and noted that funds are up from last year. The report says Oskaloosa's financial statements are healthy and that there is a sufficient amount of money in its general fund.
The city council also decided to apply for the Iowa Department of Transportation's Small Town Sign Replacement funding program. If the application is approved, the DOT will cover 100 percent of the costs for the new signs. City Engineer Akilesh Pal says his staff collected data on the condition of traffic signs around town and deemed some to be in poor condition and some to be in slightly better, fair condition. All of the poor and fair signs have been requested to be replaced in the application. Pal says if Oskaloosa had to foot the bill on its own, the cost would come out of his budget or future budget.