UERPC Financial Report

June 30, 2016

UERPC Financial Report

UERPC has become recognized as an ideal vehicle for addressing issues that require a regional perspective, obtaining over $241 million in grant funds since its establishment in November of 1972.  More specifically, this fiscal year UERPC obtained over $5.0 million from grant funds for our various counties and communities.

At the time that this financial statement was prepared and audited, there have been several known and unknown factors that have significantly affected or can affect the financial health of the Commission in the future: Federal and State budgets continue to waiver and provide stability to the UERPC budget; the financial department has seen some major changes with staff and programming this past fiscal year. The Commission did purchase Sage 50 to assist with the financial process. Sage 50 will provide better efficiencies, better management on a real time basis. Portions of the Region’s manufacturing sectors are noting a downturn causing large amounts of layoffs. However, other counties are experiencing high levels of expansions and job creation. The Commission does operate six revolving loan funds. At this time, the Commission is noting a few borrowers requesting an alternative payment schedule. The Commission is positioned to assist with those alternative payments schedule if RLF Board approved. However, most borrowers are still at the normal payment conditions. The economy of Northeast Iowa will impact the borrowers’ ability to repay the loan.

Diversity will be the key for UERPC’s success in the upcoming years.  UERPC management team sought out several new projects that were new to the Council of Government (COG) world and to UERPC.   The diversity of the new projects has allowed UERPC to increase financial security and independence from state and federal program inconsistencies.

UERPC has two locations to better serve their clients.  In the Postville office, Northeast Iowa Community Action has joined the partnership and holds an office.  UERPC continues its’ partnerships within the Decorah location with IowaWorks, Hawkeye Community College, Goodwill, and ISU Extension. Within the IowaWorks center, UERPC is just one partner in the one-stop shop for residents within the region with workforce needs.

News Headlines

UERPC April 2017 Newsletter

Posted: Mon, April 17, 2017

Some of the headlines you can read about this month:

  • Senator Ernst Visits UERPC
  • Board Spotlight-Elizabeth Jaster
  • Candidate Class to be Held
  • Audit Complete
  • The Business Workforce Alliance Luncheon
  • CDBG Water/Sewer Awards Announced
  • UERPC's April Bril awarded Iowa Walking College Fellowship
  • Safe Routes to School
  • Clayton County Job Fair
  • Great Give Day
... [ Read More ]

UERPC March 2017 Newsletter

Posted: Mon, March 20, 2017

Some of the headlines you can read about this month:

  • City of Oelwein Fix and Flip Housing Loan Program
  • Employee Spotlight Valerie Reinke
  • Northeast Iowa Family STEM Festival
  • Emerging Technology: Pollutant Removal Systems for Municipal and Industrial Wastewater
  • Clayton County Job Fair
  • UERPC Wellness Day
  • UERPC to Update their Transportation Planning Work Program
... [ Read More ]

UERPC February 2017 Newsletter

Posted: Fri, February 17, 2017

Some of the headlines you can read about this month:

  • Legislative Breakfast
  • Board Spotlight - Megan Kohr
  • ICOG Launches New Logo
  • 2017 NE Iowa Family STEM Festival
  • Community Walks
  • WSB Takes Hollywood by Storm
  • Iowa Walking College
  • ITC Midwest partners with NIBN
  • Iowa's New Way To Connect for Shared Rides
... [ Read More ]

UERPC January 2017 Newsletter

Posted: Wed, January 18, 2017

Some of the headlines you can read about this month:

  • UERPC Legislative Event
  • Board Spotlight-Jill Halverson
  • Construction Simulator Open House
  • Owner Occupied Rehabilitation Program
  • UERPC Board Changes
... [ Read More ]
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