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Home My WebLink AboutRESOLUTION NO. 2006-96 RESOLUTION NO. qU RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 30, 2007 WHEREAS, The Fairfax City Council, after hearing all taxpayers wishing to be heard and considering the statements made by them, gave final consideration to the proposed amendment to the budget and modifications proposed at the hearing. BE IT RESOLVED By the City Council of the City of Fairfax, Iowa: Section 1. Following notice published on November 30,2006 and the Public Hearing held on December 12, 2006 the current budget(as previously arnended) is amended as set out herein and in the detail by fund type and activity that supports this resolution which was considered at the hearing. Section 2. The Acting City Clerk is directed to submit these forms to the Linn County Auditor on or before May 31, 2006. NOW, THEREFORE, BE IT FURTHER RESOLVED,By the City Council of Fairfax, lfowa,that the Mayor and the Acting City Clerk are hereby authorised and directed to execute said Resolution. Passed and approved this 1 . day of {�1++�� 2006. AYES: NAG'S: ABSENT: Bill Voss,Mayor ATTEST: �1"WAU�AOW Nancy F 'cki ger, A ting City Clerk The foregoing Resolution No. Zalp- having been approved this date by the Fairfax City Council, I hereby approve the same by affixing my signature as Acting City Clerk on this V,` day of 16(cA��f , 2006. �kftlo til rn Nancy AickUiger, cting City Clerk 5 '7 =544 CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION To the Auditor of LINN County, Iowa: The City Council of Fairfax in said County/Counties met on December 12,2006 ,at the place and hour set in the notice,a copy of which accompanies this certificate and is certified as to publication, Upon taking up the proposed amendment, it was considered and taxpayers were heard for and against the amendment. The Council, after hearing all taxpayers wishing to be heard and considering the statements made by them,gave final consideration to the proposed amendment(s)to the budget and modifications proposed at the hearing, if any, thereupon,the following resolution was introduced. RESOLUTION No. 2006-98 A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 30 2007 (AS AMENDED LAST ON ) Be it Resolved by the Council of the City of Fairfax Section 1. Following notice published November 30,2006 and the public hearing held, December 12,2006 the current budget(as previously amended)is amended as set out herein and in the detail by fund type and activity,that supports this resolution which was considered at that hearing: Total Budget Total Budget as certified Current after Current or last amended Amendment Amendment Revenues&Other Financing Sources 777777 Taxes Levied on Property 1 321,426 :................::::0:::........: 321,426 Less..Uncoltectted Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 321,426 0 321,426 Delinquent(Property Taxes 4 0 0 0 TIF Revenues 5 259,653 0 259,653 Other City Taxes 6 29,591 0 29,591 Licenses&Permits 7 11,000 17,000 28,000 Use of Monsey and Property 8 14,650 0 14,650 Intergovernmental 9 232,346 32,500 264,846 Charges for Services 10 366,871 D 366,871 Special Assessments 11 0 0 0 Miscelllanecus 12 10,000 10,000 20,000 Other Financing Sources 13 2,780,017 803,970 3,583,987 Total Revenues and Other Sources 14 4,025,554 863,470 4,889,024 Expenditures&Other Financing m Uses ......: Pub4c,Safety 15 ::.. `157,684.:.................::::::0::::.........I` 157,684 Public Works 16 396,165 0 396,165 Hea[thi and Social Services 17 0 0 0 Culture and Recreation 18 255,430 840,824 1,096,254 Commiunity and Economic Development 19 16,051 30,000 46,051 General Government 20 2D4,076 0 204,076 Debt Service 21 303,000 18,970 321,970 Capital projects 22 25,000 -25,000 0 Total'GovernrnentActivities Expend'€tures 23 1,357,406 864,794 2,222,200 Business Type/Enterprises 24 3,064,631 732,000 3,796,631 Total Gov Activities&Business Expenditures 25 4,422,037 1,596,794 6,018,831 Transfers Out 26 380,017 3,970 383,987 Total lE;xpenditureslTransters,Out 27 4,802,054 1,600,764 6,402,818 Excess l avenues&Other Sources Over ..•...: : ..-..................................... (Under)IExpendituresfTransfers Out Fiscal Year 28 -776,500 -737,294 1,513,794 Continuing Appropriation 29 01 NIA, 0 Beginning Fund Balance July 1 301 1,524,4171 01 1,524,417 Ending Fund Balance June 30 311 747,9171 -737,2941 10,623 Passed this 12th day of December 2006 TD.-Y) u,�Grua wap car Sign,afurk Signature City Clerk/Finance Officer Mayor h.4Y-tD�l NOTICE OF PUBLIC HEARING FQrmess.ct AMEN'DMEN'T OF CURRENT CITY BUDGET The City Council of Fairfax in LINN will meet at Fairfax City Hall at 7:00 PM on December 12,2006 (hour) (OaiaJ ,for the purpose of amending the current budget of the city for the fiscal year ending June 301: 2007 ween by changing estimates of revenue and expenditure appropriations in the following functions for the reasons given. Adcl lfional detail is available at the city clerk's office showing revenues and expenditures by fund type and by activity. Total Budget Total Budget as certified Current after Current or last amended Amendment Amendment Revenues&Other Financing Sources Taxes,!LevledonProperty' 1 321,426 321,426 Less:Uncollectted Property Taxes-Levy Year 2 0 Net Current Property Taxes 3 321,426 ID 321,426 nefimq uewnt Property Taxes 4 0 TIF Revenues 5 259,653 259,653 Other lC4 Taxes 6 29,591 29,591 Licenses&Permits 7 11,000 17,000 28,000 Use of Money and Property 8 14,650 14,650 Intergovernmental 9 232,346 32„5010 264,846 Charges for Services 10 366,871 366,871 Special Assessments 11 0 Miscellaneous 12 10,000 10„0010 20,000 Other Financing Sources 13 2,780,017 803,970 3,583,987 Total lRevenues and Other Sources 14 4,025,554 863,.470 4,889,024 Expemidltures&Other Financing Uses Pubft Safety 15 157,684 .. - 457,684 Public works 16 396,165 396,165 Health and Social Services 17 0 Culture and Recreation 18 255,430 840,82,4 1,096,254 Community and Economic Development 19 16,051 30,000 46,051 General Gowemment 20 204,076 204,076 Debt SeMce 21 303,000 18,070 321,970 Capital Projects 22 25,000 -25,0000 0 Total GovernmentActivit€es Expenditures 23 1,357,406 864,794 2,222,200 Business Type/Enterprises 24 3,064,631 732,000 3,796,631 Total!Gov Activities&Business Expenditures 25 4,422,037 1,596,794 6,018,831 Transfers Out 26 380,017 3,970 383,987 Total ExpenditureslTransfersOut 27 4,802,054 1,600,764 6,402,818 Excess Revenues&other Sources Over (Under;p Expenditures[Transfers Out Fiscal Year 28 776,500 -737,294 1,513,794 Continuing Appropriation 29 N/A 0 Beginning Fund Balance July 1 30 1,524,417 1,524,417 Ending(Fund Balance.dune 30 31 747,917 -737„294 10,623 Explanation of increases or decreases in revenue esfgmates,appropriations,or available cash° Unexpected expenditures There wall be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above wiil be met from the increased non-property tax revenues and cash balances not budgeted or considered in this current budget. This will provide for a balanced budget. Nancy Flickinger, Finance City Clerk)Finance Officer Name