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HomeMy WebLinkAboutRESOLUTION NO. 2022-27RESOLUTION NO. 2022-27 RESOLUTION SETTING TIME AND PLACE FOR A PUBLIC HEARING FOR THE PURPOSE OF SOLICITING WRITTEN AND ORAL COMMENTS ON THE CITY'S PROPOSED AMENDMENT TO THE FISCAL YEAR 2021-2022 BUDGET WHEREAS, the City Council of Fairfax, Iowa has prepared an ainendinent to the Annual Budget for Fiscal Year 2021-2022; and WHEREAS, Iowa Code 384.16.3 requires a public hearing oti the proposed amended budget where any resident or taxpayer of the City inay present to the City Council objections to any part of the budget ainendment for the current fiscal year or arguments in favor of any part of the budget before its adoption and certification to the county auditor; and WHEREAS, interested residents or taxpayers having comments for or against these proposals may appear and be heard at the public hearing at the city council meeting on April 12, 2022, at 6:00 PM at the Fairfax City Hall, at 300 80t�' Stz-eet Court, Fairfax, Iowa. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa, that this confirms that the city council order the publication of a notice of public hearing pertaining to the adoption of the Fiscal Year 2021-2022 Amended Budget not less than ten (10) days nor lnore than twenty (20) days prior to the date set for the heai-ing. 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 8t�' day of March, 2022. AYES: Nurre, Pacha, Volk, and Wainwright NAYS: None ABSENT: Daly G . � �%�"„�.. �-- Burnell G. Frieden, Mayor ATTEST: � �� `" _�G l,c � ���� ,J i ��`2 Cy�nthia K. Stiinson, City Clerk/Treasurer i ej�pq :...���'�iNp+re 44 d. , � �in , + :� - � � � � `4lY�ni`� � a��: q7t. >i ,ht�.qe� � _. _.___ _ _____ __ _ __ __ _ ___ _ _ . _ __ . NOTIC� OF PU�LIC HEARING -�i�iENDMENT C;� CUf�RE1VT �UDGET City of FAIRFRX Fisca! Year Jul 1. 2021 - June 30, ?_022 The Cit of FAIRFAX vdi€I canduct a ublic hearin tor the ur ose of amendinr the currenr t���+ et fo� fiscal � ear endin wlur:e 30, 202?_ 1�lee4in DatelTime: 4/12(2022 QG:00 PM Contact: C nthia Sfimson Phane: 319' 846-2204 exi: 0 Meetin Location: Fairfax Cit Hall, 300 80th St Ct, Fairfax: IA There will be no increase in taxes, Any residents or taxpayers �vill be heard for or against the propesed amendmert at the time and place specified above. A detailed statemeiit of: additional receipts, cash baiances on hand at ihe dose of the precedir,g iiscai year; and proposed disbursements, both past and antici ated, wil( be available at the hearin . Total Budget Current Total �udgei After REVENUES & OTHER FiNANCiNG SOURCES as Certified Amendrnent Current Aniendment or Last Amended Taxes Levied ai Propert 1 979,725 0 979,725 Less: Uncoilected Deiin uent Taxes - Lev Year 2 d 0 0 Net Current Pro ert Tax 3 979,725 0 979,725 Delinquent Pro erty Tax Revenue 4 0 0 D TIF Revenues 5 1,045,000 0 1,045;000 Other Cit Taxes 6 397,385 143,906 541,291 Licenses & Permits 7 90,875 0 90,575 Use of Mone & Pro ert 8 47,200 0 47,200 inter overnmental 9 1,038,873 59,819 1,o98;692 Char es for Service 1Q 1,707,745 1 i0,779 1,318:52�4 Special Assessments 11 0 0 0 Miscellaneous 12 2�11,780 14,800 256,580 Other Financin Sources 13 0 147,700 147,700 Transfers (n 14 1,560,820 213,519 1,77d;339 Totai Revenues & Other Sources 15 7;109,403 690,523 7,799,926 EXPENDfTUF2ES & OTHER FINANCtNG USES Pubiic Safet 16 539,149 41,812 580,961 Public Works 17 2,323,841 -435,753 1,888,088 Heal4h and Social Services 18 0 0 � Culture and Recreation 19 1,529,519 -24,000 1,505,519 Communi4 and Economic Develo ment 20 79,900 45,375 125,275 General Government 21 503,605 98,850 602,A55 Debt Service 22 1,420,817 0 1,420;817 Ca ital Pro ects 23 Q 213,519 213;,519 Total GovernmentActivities Ex�enditures 24 6;396,831 -60,197 6,336,634 Business T elEnter rise 25 4,358,968 -802,253 3,556,715 Total Gov Activities & Business Ex enditures 26 i0,755,799 -862,450 9,893,349 Tranfers Qut 27 1,560,82U 213,519 1,774;339 iotal Expanditures/iransfers Out 28 12;316,619 -648,931 11,667,688 Excess Revenues & Other Saurces Qver 29 -5;207,216 1;339,454 -3,867,762 Under Expenditures/Transfers Out Be innin Fund Balance J�d 1, 2021 30 6,424,330 0 6,424,330 Endin Fund Balance June 30, 2022 31 1,217,114 1,339,454 2,556;568 Explanation of Changes: Additional revenues are based on actual receipts. The nei decrease in expenses is due to large projects coming in under budget for this fiscal ear some other ex enses increased. 03(08l2022 11:58 F�M Paqe 1 af 1