Upper Explorerland Regional Planning Commission
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Audit

UERPC Financial Report

June 30, 2023

A note from UERPC Executive Director Rachelle Howe:

Upper Explorerland Regional Planning Commission (UERPC) is proud to serve the counties, cities, residents and businesses of Northeast Iowa for over 50 years. Each year an audit review is completed which highlights progress toward our five-county’s regional shared vision. The audit also ensures compliance with laws and regulations, make improvements to internal controls and aid in the management processes.

2023 FINANCIAL HIGHLIGHTS:

  • Revenues of the Commission’s governmental activities decreased 31% or $685,750 from fiscal year 2022 to fiscal year 2023 due to changes in grant funding.
  • Expenses of the Commission’s governmental activities decreased 30% or $546,417 from fiscal year 2022 to fiscal year 2023 due to changes in grant funding.
  • The Commission’s net position increased 9.11% or $249,929 from June 30, 2022 to June 30, 2023.

In pursuit for quality growth and strategic planning, UERPC works on projects related to economic development, community planning, housing, workforce and transportation needs. Tax legislation, employment, energy burdens, housing, daycare wage concerns and business growth are all economic factors that will be monitored closely and discussed with the Commissioners at great length. Management will work  to expand our programming, expand our funding and develop long-term solutions.

When I reflect on the depth of our work, it amazes me. From wastewater treatment facilities to revolving loan fund programs to housing rehabilitation to comprehensive plans, UERPC has brought in over $295 million to the region since 1972. These efforts are reflected as well within the June 30, 2023 Financial Report.

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