HomeMy WebLinkAboutRESOLUTION NO. 2023-39RESOLUTION NO. 2023-39
RESOLUTION APPROVING THE CITY'S PROPOSED
AMENDMENT #2 TO THE FISCAL YEAR 2022-2023 BUDGET
WHEREAS, the City Council of Fairfax, Iowa has prepared Budget Amendment
#2 to the Annual Budget for Fiscal Year 2022-2023; and
WHEREAS, the City did hold a public hearing regarding this proposed Budget
Amendment on April l l, 2023, at 6:00 PM at the Fairfax City Hall, at 300 80th Street Court,
Fairfax, Iowa. This meeting was held with a conference call option.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Fairfax, Iowa, approval of Budget Amendment #2 for Fiscal Year 2022-2023.
BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of
Fairfax, Iowa, that the Mayor and City Clerk/Treasurer are hereby authorized and directed
to execute said resolution.
Passed and approved this l lth day of April, 2023.
AYES: Nurre, Daly, Pacha, Volk, and Wainwright
NAYS: None
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Marianne V��"�;nwright, Mayor Pro Tempore
ATTEST:
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C nthia K. Stimson, City Clerk/Treasurer
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GtiY BUDGEi AMEN(7MENT AND CERiiFICAiION RESC)LUTIt7N - FY 2023 - AMEN�I�ENT # 2
To the lluditor cf LWN County, lov�a:
ihe City Council of FAIRFAX i,7 said CountyJCounties meC on 04r11!2023 G6:00 PPvt, at the place and hour set in the notice, a cep� o; avhich accompar:ies !his
r,ertific,ate and is certified as tc publication. Upon t�aking t�p thP proposed annendment; it was considered and taxpayers were heard fcr and aguinst tt?e
amendrnent.
The Council, aFter hearing ali taxpaye3s �r.�ishing to be heard and ccnsidering the statements niade by them, gave `inal cons:deration ;o the prer�osed
arraendment{s} to the budget and modifications prapasnd at khe t�t:ariny, if any. Thereupon, the following resolution was intrcduced,
RES�LUTION No. Zfl23-39
A RES4�.UT[ON AMENDING 7HE CUF�F?ENT BUDGET F{JR FISCAL YEAR ENpItdG JUNE 2023
�As L�sT c�rz�raFi�D oR ar��r�aeD or� og�osr2o72�
Be it Resoived by the Coui�cii of City of FAIRFAX
Section 1. Fallawing natice publishedipasted 03i28r2Q23 ar�d :lie pubiic hear;ng held 04/11/2023 06:00 PM the curreni budget (as previously amended} is
amended as set out herein and in the detaif by fund fype aiid act€vi:y tiiat supports this resolution v,rhich was considered ai the hearing:
Totai Budget Current Total 8udget After
REVENUES & OTHER FINRNCING SOt1FtCE5 as Certified Amendment Curi�ent Aniendn�e��t
or Last Amended
Taxes Levied on Pro ert 1 1,089,818 0 1,U89,818
Less: Uncollected Delin uen4 iaxes - �ev Year 2 0 0 0
Net Current Pro ert Tax 3 1,089,818 0 1,089,818
Delin uent Pro ert Tax Revenue 4 0 0 0
TIF Revenues 5 1,009,000 D 1,009,OOD
dther Cit Taxes 6 452,25II 0 452,258
Licenses & Permits 7 86,675 0 56,675
Use of Mone & Pro ert H 41,430 19,850 61:280
inte�� overnmental 9 1,894,658 -737,653 1,157;005
Char es for Service 10 1,748,515 128,500 1,877,015
S ecial Assessments 11 Q 0 0
Miscelianeous 12 192,50D 20g,680 401,180
Other Financin Sow�ces 13 'L,300,000 1,350,325 3,650:325
Transfers In 14 4,649,632 1,787,920 6,437.552
7atal Revenues & Other ,ources 15 13,464,486
EXPEfdDITUF2ES & OT�IEF2 FINANC[NG llSES
Public Safet 16 522,665
Pubiic Works 17 2,760,425
Health and Social Services 18 0
Culture and Recreation 19 2,020,723
Cammunit and Economic Develo ment 20 78,ODQ
General Government 21 464,385
Qebt Service 2? 1,491,630
Capital Pro'ects 23 1,340,OOQ
Totai Government Activities Ex enditures 24 8,617,828
Business T e/Enter rise 25 2,794,441
Totai Gov Activities & Business Ex enditures 26 11,472,269
Transfers Out 27 4,649,632
Total Ex enditures/Transfers Out 28 16,121,901
Excess Revenues $� Other Sources Over 2y -2,657,415
Under Ex endituresJTransiers Qut
Be irn�ii� Fund Balance Jul 1, 2022 30 5,104,351
Endin Fund Balance Jur7e 3ti, 2023 31 2,446,936
Explar�ation of Changes: Chanyes in revenues are due ic gran:s, act�<al receipts, transfers, and a bond. Ch
completed; buildirg repairs, equipment purchase, projects; and iransfars.
I l�a�%li(� /;\U�iA����f li1 /'/��,c�1��� 04i'11!2023
:FZ .
rk/Admini
04l12i2023 08:23 AIVI
2,757,622
-912
-442,220
0
-268, 750
-17,50U
164, 000
0
-1,000, 000
_1 .r,f,.�', 'iR�
1,787, 920
-464,282
3,221,904
0
3,221, 904
� expenses are due ko
Signature of Certification lldopted On
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16,222,10$
525,753
2,318:2Q5
D
628,385
1,491; 630
34Q,OOG
7,112,446
2,107,621
9,220;067
6,437,552
15,657,619
564,489
5,104;351
5,�S6i3;840
s nat
of Certification
Paae i of 1