FY 2023 ICN ANNUAL REPORT
Annual Report FY2023
Iowa Communications Network
Providing High Speed Internet, Voice, Security & Consulting Services
Table of Contents
This annual report highlights agency information between July 1, 2022 - June 30, 2023.
- Welcome, Celebrating 30 Years
- Letter to the Governor
- Our Mission
- General Updates
- Service Updates
- Customer Initiatives
- Looking Ahead to Fiscal Year 2024
- Financial Charts
- Financial Reports
- Fiscal Year 2023 Budget
- Statement of Net Assets
- Statement of Changes in Net Position
Welcome to Our Annual Report
This was a milestone year for the Iowa Communications Network, as we celebrated 30 years of the Network. I want to thank the people that had the vision years ago to establish a one of kind statewide Network. Those first years were spent finalizing fiber installations and establishing our county points of presence to allow us to take the next step of connecting K-12 schools and other customers to the Network.
I also wanted to thank Governor Kim Reynolds for issuing a signed proclamation celebrating our 30 Years of Service. The proclamation explained our critical communications and how the network meets the always changing needs of our customers now and into the future.
As a telecommunications provider, we need to ensure broadband connectivity is available far beyond the base service level requirements defined by State and Federal guidance. Today, our focus is listening to our customers and hearing their needs. We continue to hear about bandwidth demands, cloud connections, and security concerns. As we have in the past, we will always strive to meet those needs. Weâre proud of our first 30 years and we look forward to our future.
Randy Goddard Executive Director Iowa Communications Network
Iowa Telecommunications and Technology Commission
Steve Olson, Chair | Robert Holz | Brett Mason | Denise Sturm | Carmine Boal
Rob Sand, ex officio, State of Iowa Auditor | Dr. Matt Behrens, ex officio, Chief Information Officer
ICN Executive Team
Randy Goddard, Executive Director | Mark Johnson, Chief Administrative Officer | Scott Pappan, Chief Technology Officer
Letter to the Governor
November 16, 2023
The Honorable Kim Reynolds
Governor, State of Iowa
State Capitol Des Moines, Iowa 50319
Dear Governor Reynolds:
On behalf of the Iowa Telecommunications and Technology Commission, I am submitting to you the Fiscal Year 2023 Annual Report for the Iowa Communications Network (ICN).
Fiscal Year 2023 was a milestone year for the Network, when we celebrated the 30th anniversary. We were honored to receive a proclamation for the â30 Years of Service with the Iowa Communications Networkâ, which described the efforts and enhancements of the Network.
The ICN takes great pride in being a crucial telecommunications and broadband asset to support our users in the sectors of education, healthcare, government, and public safety. Of note, we continue to support more than 220 healthcare facilities located in more than 80 counties, as well as providing the primary backbone connectivity to all of Iowaâs Public Safety Answering Points (PSAPs) in partnership with the Iowa Department of Homeland Security and Emergency Management (HSEMD). As seen by the information in this report, the ICN continues to serve a critical role in safeguarding the welfare, health, and safety of all Iowans. A few projects highlighted in the report include:
- The design and installation of a FirstNet failover solution for PSAPs throughout Iowa in partnership with Iowaâs HSEMD. ICN provides the primary network for the state's 911 system with a failover network operated by FirstNet/AT&T. The FirstNet failover solution provides a redundant connection that is completely separate from the ICN's network that will allow the PSAPs to continue their operations in the event the primary traffic route fails. More than 75 PSAPs currently have this failover solution.
- The beginning of a three-year project to redesign and upgrade our 10Gb aggregation network facilities. The design improvements and equipment upgrades will result in a more efficient network with greater capacity. It provides a more redundant and resilient network infrastructure that serves our users statewide.
- ICN's coordination of the 800 tip line used state-wide for the Safe+Sound Iowa app.
- Providing affordable Managed Voice Services to a number of K-12 schools with limited funding.
Please take a look at our Fiscal Year 2023 report. The Commission and ICN staff will continue to provide a statewide, dependable, and secure network, as well as technical solutions that support improved broadband, government accessibility, and economic growth for Iowans.
On behalf of the Commission and all ICN employees, we appreciate the opportunity to be of service. Sincerely,
Steve Olson Chair, Iowa Telecommunications and Technology Commission
Our Mission
Providing a statewide, innovative, secure, reliable network, and technology solutions for education, healthcare, public safety, and government.
Who We Are
We are a State government agency operating a state-of-the-art fiber optic network providing broadband and telecommunications services to authorized users in all 99 counties.
Our business offices are located on the and our primary hub and Network Operations Center are located at the Iowa State Capitol Complex in Des Moines, National Guard Joint Forces Headquarters (JFHQ) in Johnston.
Authorized Users
The ICN is statutorily limited, by the Code of Iowa, Chapter 8D, in who is permitted to utilize the Network.
- Education
- K-12 Public and Private Schools
- Libraries
- Higher Education
- Regent Universities
- Healthcare
- Hospitals
- Medical Clinics
- Public Safety
- Homeland Security
- Department of Public Safety
- National Guard
- Government
- State Government
- Federal Government
- Judicial Branch
Services
- Security
- Palo Alto Firewall
- Fortinet Firewall
- DDoS Mitigation
- Data
- Internet
- Ethernet
- Cloud Connection
- Communications
- Managed Voice
- Long Distance & Toll
- Voice Conferencing
- Professional Services
- Consultation
- Colocation
- Structured Cabling
General Updates
Legislative Session Recap
Commission Member Updates: Governor Reynolds appointed three individuals to serve as new members on the Iowa Telecommunications and Technology Commission (ITTC), the governing body of the ICN. In addition, she appointed Steve Olson as Chair of the Commission. All of the appointments received Senate confirmation on April 17, 2023.
New Commissioners:
- Brett Mason
- Denise Sturm
- Carmine Boal
- Steve Olson, Chair
Lucas Building Switch Room HVAC, Rebuild Iowa Infrastructure Fund Appropriation: The Lucas Building Switch Room is the primary demarcation point for telecommunications services on the Capitol Complex in Des Moines, IA. The existing HVAC started failing during the summer of 2022. The Department of Administrative Services (DAS), who is the contractor, also recommended replacement. The total of this appropriation is $578,412.
Contracts Exceeding $1 Million, Code of Iowa Reference ICN contracts entered into during FY 2023 exceeding $1 million, as required by the Code of Iowa, Section 8D.3(3)(f ).
- None
Public/Private Partnerships In Fiscal Year 2023, ICN reinvested a total of $23M back into the private sector with $9.1M of that going to private telecommunications providers.
Service Updates
Internet
Internet Purchased by Sector.
Education 232.830 Gb
- Higher Education - 82.915 Gb
- K-12 - 127.895 Gb
- AEA - 17.800 Gb
- Libraries - 4.130 GB
Healthcare - 7.540 Gb
Government - 39.511 Gb
Public Safety - 10.340 Gb
Total Internet Purchased: 290.221 Gb
Voice
Our VoIP platform is hosted in a cloud environment. To date, there are 160 active customer groups*, with 6,197 employee seats activated. The service provides relocation benefits during disaster recovery situations, free long distance, 800 calling, and call encryption.
*One building can incorporate multiple customer groups.
Voice Migrations During FY2023:
- A provider change was initiated for our voice conferencing service. Customers migrated to LoopUp voice conferencing. Larger users include the Judicial Branch and the Department of Human Services.
Security
Internet Purchased by Sector.
Our DDoS Mitigation service continues to grow as we provide the security protection to all Executive Branch agencies with Internet service.
During the Last 12 Months:
- Detected 40,570 DDoS attacks on the Stateâs Network.
- Longest DDoS attack was 11 hrs., 59 mins.
- Largest DDoS attack was 1.74TB (Terabyte)
Customer Initiatives
Connecting Classrooms
Many Iowa schools are turning to the ICN for Voice services to connect classrooms throughout their buildings.
Educators are able to customize settings using any web enabled device to set up voicemail, set call forwarding, and manage contacts.
Service Highlights:
- During the summer of 2022, ICN installed a wireless phone for AGWSR (Ackley Geneva Wellsburg Steamboat Rock) to restore service for the school secretary after a lightning strike.
- In the months prior to school beginning in 2023, ICN converted 90+ phones for Grundy Center CSD. We used the schoolâs current fiber connections to the elementary, middle, and high school buildings. In addition, an existing wireless connection was implemented for the Administration building to connect to the VoIP platform.
Preparing for State Government Restructuring
In April 2023, Gov. Kim Reynolds signed an agency reorganization plan in law, reducing Iowaâs 37 executive-level cabinet agencies down to 16. The restructuring was enacted July 1.
In the weeks preceding July 1, our ICN team has worked to ensure that state government functions smoothly for Iowans during the agency restructuring.
This project required:
- Processing orders for cabling, data, and voice services.
- Installing or removing cabling for office relocations, as agencies consolidate and merge.
- Office workstation reconfigurations and infrastructure upgrades to handle voice and data requirements for new employees. The ICN continues to be available to assist agencies as they modify their telecommunication services.
Safe + Sound Iowa
The ICN worked on this important resource for Iowaâs education community and local law enforcement. We coordinated the 800 tip line used for reporting safety concerns. To help identify students in crisis, the Governorâs School Safety Bureau established the Safe+Sound Iowa app available to students, school personnel, parents, and concerned community members. Reports of safety concerns can be made securely and anonymously in one of three ways:
- Downloading and using the free Safe+Sound Iowa app.
- Going to SafeandSoundIowa.gov.
- Calling the Safe+Sound Iowa tip line at 800-224-6018.
Assisting ISU Research with Wireless Technology
An advanced wireless research project is being managed and deployed on the campus of Iowa State University (ISU). This smart agriculture and rural broadband project spans the counties of Story, Boone and Marshall, and includes surrounding research and producer farms, along with rural communities in central Iowa.
We are providing wavelengths across the ICN fiber to ISU in support of this project and connections. The primary physical connections are between the Agronomy Farm and the Black Engineering Building, and Boone High School and an ICN core point-of-presence (PoP). Those physical locations then connect to a number of towers, enabling the establishment of a wireless network providing coverage across the three project counties.
The project will support rural-focused research, education, and innovation. The technology for the agriculture community will focus on precision agriculture in both crop and livestock farms.
Examples of technology used include:
- Livestock tracking and plant/weed identification with artificial intelligence (AI).
- Agriculture vehicle automation in tractors and drones.
- Connectivity between high-resolution cameras and edge/cloud computing for real-time data analytics.
Our Public Safety Dedication
Throughout the year, our structured cabling team has been installing FirstNet backup service for Public Safety Answering Points (PSAPs) throughout Iowa. The FirstNet failover solution provides a redundant connection that is completely separate from the ICNâs Network that will allow the PSAPs to continue their operations in the event the primary traffic route fails.
By the end of June 2023, the team installed the CradlePoint back-up equipment at over 75 locations.
For PSAPs in Iowa, ICN provides the primary network for the stateâs 911 system with a failover network operated by FirstNet/AT&T.
FirstNet Authority News
January 5, 2023
By John Hunt, Senior Public Safety Advisor,
First Responder Network Authority (FirstNet Authority)
No Single Point of Failure
The Iowa Communications Network is a publicly owned fiber network that has served as Iowaâs ESInet since 2010. It provides the backbone connectivity for PSAPs to remotely access the centralized call-handling equipment. [Blake] DeRouchey recognized that they needed a secondary connection that was totally separate from the Iowa Communications Network.
âEnter FirstNetâa great solution for us. It ensured that there was not going to be a single point of failure,â he said.
âBefore shared services, there was just one connection into the PSAP, and now we have an environment where 70 PSAPs have a backup. Plus we are saving money through a technological consolidation,â said DeRouchey. âSo itâs multiple reasons for the value add.â
Relocating Back-up Power During the Summer Months
Generators and propane tanks are pieces of equipment that are tested regularly to help ensure back-up power starts, if needed, to power ICNâs FOTS rooms (fiber-optic transmission system) located at numerous sites throughout the State. In August 2022, our team wrapped up a major relocation that required planning and coordination both internally, with our customers, and with outside vendors.
Ames High School, Ames
The installation of a generator and a propane tank was needed to stand up a new FOTS room for network equipment at the new Ames High School, which opened in August 2022. This collaborative effort was completed on time.
SYBAC Update and Parent Feedback
Students that make up ICNâs Statewide Youth Broadband Advisory Council (SYBAC) completed Fortinetâs Network Security Expert Level 1 certificate. This certification provides an understanding of the ever-increasing threat landscape and common concepts.
During the school year, the SYBAC students also learned about a variety of topics, such as:
- Technology in healthcare
- FirstNet and how it relates to the Iowa HSEMD and 9-1-1 initiatives.
- The importance of cybersecurity, protecting Iowa schools.
- ICNâs robust and statewide infrastructure.
Looking Ahead to the Fiscal Year 2024
Aggregation Equipment Upgrade
This three-year project is to redesign and upgrade our 10Gb aggregation network facilities. The design improvements and equipment upgrades will result in a more efficient network with greater capacity. It provides a more redundant and resilient network infrastructure that serves our users statewide. This project will increase interoperability between core and aggregation equipment and provide additional security for our customers. This helps reduce network complexity and costs by simplifying management, increasing flexibility, and improving performance.
SIP Migration (Session Initiation Protocol)
The ICN recognizes the need to migrate from the legacy Public Switched Telephone Network (PSTN) infrastructure to a SIP trunking architecture. This allows the ability to plan and design new services that provide our customers access to additional unified communications (UC) applications. This is the pathway forward for voice services, which would allow the ability to retire the legacy platform.
Security Enhancements
Firewall Decentralization: Implementing the second phase of the Firewall decentralization, which includes taking the government agencies and providing their own individualized security solution. Firewall customers will have added security enhancements like intrusion prevention, content filtering, anti-malware, while also receiving enhanced reporting.
Distributed Denial of Service (DDoS) Mitigation Platform: Redesigning our mitigation platform to offer the ability to process and mitigate additional malicious traffic. The enhanced platform will also allow for greater flexibility to perform updates without taking the DDoS mitigation system offline. ICN will have more redundancy and efficient traffic flows across the State when mitigating attacks for our customers that subscribe to the service.
Peer to Career
The Ottumwa Job Corps Center reached out to the ICN, resulting in a partnership with ICN that connects future network cabling technicians with Iowaâs telecommunications industry. This new program will provide student trainees exclusive exposure to a variety of Iowa telecommunications companies. Students will hear from representatives explaining outside plant work, fiber optic cabling, network troubleshooting, facilities, and more.
Financial Charts
The âOperating and Capital Asset Revenuesâ graph shows ICN generated over $32M in revenues from billed services to authorized users.
The âPayments by Vendor Typeâ graph shows how the revenue generated is used in supporting the network. The largest ICN expenses in FY23 were the network maintenance and payments to vendor telecommunication companies supplying voice, data transport, and Internet services. Payment for the cost of the âlast-mileâ connections that are leased from telecommunications companies is directed back to Iowaâs private sector providers.
Expenses to outside vendors only. Excludes payroll and employee reimbursements.
Footnote: ICNâs financial statements are shown using Generally Accepted Accounting Principles (GAAP). As a government entity in a fee-for-service environment, ICN uses accrual accounting with a measurement focus emphasizing the matching of revenues with costs of services including depreciation of assets such as network equipment and fiber. Most other State of Iowa agencies use the modified accrual accounting method with a measurement focus emphasizing control and accountability over the raising and spending of public monies.
Fiscal Year 2023 Financial Information
Operating Budget Proposal for Fiscal Year Ending June 30, 2024. Revised 5-13-2023.
| REVENUE | FY 2023 through March 31,2023 12 Month Projected Actuals |
FY 2023 Budget | FY24 Budget Proposal |
|---|---|---|---|
| Voice Revenue | 7,717,639 | 8,472,975 | 7,464,963 |
| Data Revenue | 14,269,957 | 14,154,913 | 13,875,009 |
| Internet Revenue | 6,251,159 | 6,396,022 | 6,575,673 |
| Security Revenue | 418,864 | 531,267 | 468,660 |
| Colocation Revenue | 249,180 | 228,780 | 249,180 |
| Outside Plant Build Out/Maintenance Revenue | 2,470,320 | 2,435,718 | 2,983,654 |
| Network Professional Services Revenue | 37,129 | 23,000 | 35,000 |
| Structured Cabling Revenue | 3,300 | 50,000 | 36,650 |
| Interest Revenue | 121,993 | 11,796 | 101,913 |
| Other Revenue | 72,478 | 21,568 | 9,577 |
| GROSS REVENUES | 31,612,019 | 32,326,039 | 31,800,279 |
| DIRECT EXPENSES | |||
| Voice Direct Expense | 5,123,279 | 5,388,928 | 4,376,791 |
| Data Expenses | 5,040,952 | 4,937,823 | 4,387,595 |
| Internet Expenses | 624,312 | 700,528 | 664,243 |
| Security Expenses | 90,956 | 89,126 | 78,368 |
| Colocation Expenses | 3,000 | - | 6,881 |
| Outside Plant Build Out Expenses | 254,246 | 601,762 | 303,073 |
| Network Professional Services Expenses | 16,051 | 12,350 | 15,250 |
| Structured Cabling Expense | 2,287 | 28,400 | 18,600 |
| TOTAL DIRECT EXPENSES | 11,155,083 | 11,758,917 | 9,850,801 |
| GROSS MARGIN | 20,456,936 | 20,567,122 | 21,949,478 |
| OPERATING EXPENSES | |||
| System Maintenance and Technical Support | 6 ,549,007 | 6,887,456 | 6,506,553 |
| Outside Plant Maintenance Expenses | 2,597,541 | 2,551,772 | 2,979,963 |
| Operating Professional Fees | 127,607 | 94,095 | 124,095 |
| Other Operating Expenses | 573,979 | 674,515 | 567,553 |
| TOTAL OPERATING EXPENSES | 9,848,134 | 10,207,838 | 10,178,164 |
| NET MARGIN | 10,608,802 | 10,359,284 | 11,771,314 |
| GENERAL AND ADMINISTRATIVE | |||
| Personnel Services | 9,168,897 | 9,025,562 | 9,379,605 |
| Travel | 31,986 | 33,196 | 45,098 |
| Other General & Administrative Expenses | 651,966 | 700,810 | 690,472 |
| Professional Fees | 168,778 | 85,000 | 169,312 |
| TOTAL G, S, and A EXPENSES | 10,021,627 | 9,844,568 | 10,284,487 |
| NET CASH (DEFICIT) from OPERATIONS | (587,175) | (514,716) | (1,486,827) |
| CAPITAL BUDGET | |||
| Capital Expenditures | 465,278 | 514,716 | 1,356,587 |
| NET EQUIPMENT PURCHASES | 465,278 | 514,716 | 1,356,587 |
| NET CASH (DEFICIT) | (121,897) | (-) | 130,240 |
Balance Sheet (Statement of Net Assets) For the Thirteen Months Ending June 30, 2023
| ASSETS | Fiscal Year 2023 | Fiscal Year 2022 | Amount | % |
|---|---|---|---|---|
| Cash and Cash Equivalents | 6,791,203.45 | 6,239,218.25 | 551,985.20 | 8.85% |
| Accounts Receivable | 3,552,916.14 | 3,461,029.69 | 91,886.45 | 2.65% |
| Due From Other Agencies | 46,503.99 | 0.00 | (46,503.99) | (0.00%) |
| Interest Receivable | 45,043.69 | 9,584.49 | 35,459.20 | 369.96% |
| Inventory | 891,631.78 | 1,090,401.82 | (198,770.04) | (18.23%) |
| Prepaid Expenses | 1,219,727.76 | 1,264,840.41 | (45,112.65) | (3.57%) |
| Total Current Assets | 12,547,026.81 | 12,065,074.66 | 481,952.15 | 3.99% |
| Fixed Assets (Net) | 4,937,139.02 | 6,738,504.97 | (1,801,365.95) | (26.73%) |
| Lease Assets (Net) | 4,202,980.78 | 4,866,096.58 | (663,115.80) | (13.63%) |
| Total Deferred Outflows of Resources | 1,055,498.09 | 1,126,645.54 | (71,147.45) | (6.31%) |
| TOTAL ASSETS | $22,742,644.70 | $24,796,321.75 | ($2,053,677.05) | (8.28%) |
| LIABILITIES | ||||
| Accounts Payable and Accruals | 2,087,842.44 | 2,705,865.72 | (618,023.28) | (22.84%) |
| Sick Leave Incentive Program - Retirees | 29,031.00 | 38,976.00 | (9,945.00) | (25.52%) |
| Current Portion, Lease Liability | 620,253.09 | 613,583.41 | 6,669.68 | 1.09% |
| Unearned Revenue | 980,557.04 | 1,241,913.15 | (261,356.11) | (21.04%) |
| Short-Term Compensated Absences | 659,254.39 | 732,222.04 | (72,967.65) | (9.97%) |
| Sick Leave Incentive Program - Employees | 64,237.45 | 59,856.49 | 4,380.96 | 7.32% |
| Other Post-Employment Benefits | 47,613.85 | 49,384.05 | (1,770.20) | (3.58%) |
| Total Current Liabilities | 4,488,789.26 | 5,441,800.86 | (953,011.60) | (17.51%) |
| LT Sick Leave Incentive Program - Retirees | 14,318.00 | 54,428.00 | (40,110.00) | (73.69%) |
| Long-Term Lease Liability | 3,632,296.07 | 4,252,513.20 | (620,217.13) | (14.58%) |
| Long-Term Compensated Absences | 285,219.74 | 227,257.68 | 57,962.06 | 25.50% |
| LT Sick Leave Incentive Program - Employees | 658,560.73 | 609,772.99 | 48,787.74 | 8.00% |
| Accrued Sick Leave | 69,075.31 | 69,434.20 | (358.89) | (0.52%) |
| Other Post-Employment Benefits | 793,370.15 | 882,259.95 | (88,889.80) | (10.08%) |
| Net Pension Liabilities | 3,231,366.00 | 117,158.00 | 3,114,208.00 | 2658.13% |
| Total Deferred Inflows of Resources | 1,325,745.01 | 5,278,489.00 | (3,952,743.99) | (74.88%) |
| Total Long-Term Liabilities | 10,009,951.01 | 11,491,313.02 | (1,481,362.01) | (12.89%) |
| TOTAL LIABILITIES | $14,498,740.27 | $16,933,113.88 | ($2,434,373.61) | (14.38%) |
| FUND EQUITY | ||||
| Retained Earnings | 8,243,904.43 | 7,863,207.87 | 380,696.56 | 4.84% |
| TOTAL FUND EQUITY | 8,243,904.43 | 7,863,207.87 | 380,696.56 | 4.84% |
| TOTAL LIABILITIES & FUND EQUITY | $22,742,644.70 | $24,796,321.75 | ($2,053,677.05) | (8.28%) |
Statement of Changes in Net Position For the Thirteen Months Ending June 30, 2023
| ASSETS | Fiscal Year 2023 | Fiscal Year 2022 | Increase(Decrease) Amount | Increase(Decrease) Percent |
|---|---|---|---|---|
| Cash and Equivalents | $5,349,173 | $5,540,248 | ($191,076) | 3.45% |
| Accounts Receivable | 3,552,916 | 3,461,030 | 91,886 | 2.65% |
| Due From Other Agencies | 46,504 | 0.00 | 46,504 | 0.00% |
| Interest Receivable | 45,044 | 9,584 | 35,459 | 369.96% |
| Inventory | 891,632 | 1,090,402 | (198,770) | -18.23% |
| Prepaid Expenses | 1,219,728 | 1,264,840 | (45,113) | -3.57% |
| Total Current Assets | 11,104,996 | 11,366,105 | (261,109) | -2.30% |
| Unexpended Appropriations | 1,442,031 | 0.00 | 1,442,031 | 0.00% |
| Fixed Assets (Net) | 4,937,139 | 6,738,505 | (1,801,366) | -26.73% |
| Lease Assets (Net) | 4,202,981 | 4,866,097 | (663,116) | -13.63% |
| TOTAL ASSETS | $21,687,147 | $22,970,706 | ($1,283,560) | -5.59% |
| DEFERRED OUTFLOWS OF RESOURCES | ||||
| Total Deferred outflows of resources | 1,055,498 | 1,126,646 | (71,147) | -6.31% |
| Total Assets And Deferred Outflows | 22,742,645 | 24,097,352 | (1,354,707) | -5.62% |
| LIABILITIES | ||||
| Accounts Payable and Accruals | 2,087,842 | 2,705,866 | (618,023) | -22.84% |
| Sick Leave Incentive Program - Retirees | 29,031 | 38,976 | (9,945) | -25.52% |
| Current Portion, Lease Liability | 620,253 | 613,583 | 6,670 | 1.09% |
| Unearned Revenue | 980,557 | 1,241,913 | (261,356) | -21.04% |
| Short-Term Compensated Absences | 659,254 | 732,222 | (72,968) | -9.97% |
| Sick Leave Incentive Program - Employees | 64,237 | 59,856 | 4,381 | 7.32% |
| Other Post-Employment Benefits | 47,614 | 449,384 | (1,770) | -3.58% |
| Total Current Liabilities | 4,488,789 | 5,441,801 | (953,012) | -17.51% |
| Non Current Liabilities | ||||
| LT Sick Leave Incentive Program - Retirees | 14,318 | 54,428 | (40,110) | -73.69% |
| Long-Term Lease Liability | 3,632,296 | 4,252,513 | (620,217) | -14.58% |
| Long-Term Compensated Absences | 285,220 | 227,258 | 57,962 | 25.50% |
| LT Sick Leave Incentive Program - Employees | 658,561 | 609,773 | 48,788 | 8.00% |
| Accrued Sick Leave | 69,075 | 69,434 | (359) | -0.52% |
| Other Post-Employment Benefits | 793,370 | 882,260 | (88,890) | -10.08% |
| Net Pension Liabilities | 3,231,366 | 117,158 | 3,114,208 | 2658.13% |
| Total Long-Term Liabilities | 8,684,206 | 6,212,824 | 2,471,382 | 39.78% |
| TOTAL LIABILITIES | 13,172,995 | 11,654,625 | 1,518,370 | 13.03% |
| DEFERRED INFLOWS OF RESOURCES | ||||
| Total deferred inflows of resources | 1,325,745 | 5,278,489 | (3,952,744) | -74.88% |
| NET POSITION | ||||
| Unrestricted | 8,243,904 | 7,863,208 | 380,697 | 4.84% |
| Total Net Position | 8,243,904 | 7,863,208 | 380,697 | 4.84% |
Annual Report FY 2023 Back Page
Iowa Communications Network
Grimes State Office Building
400 East 14th Street
Des Moines, Iowa 50319
icn.iowa.gov