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HomeMy WebLinkAboutRESOLUTION NO. 2013-14RESOLUTION NO. 2013-14 RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 30, 2013 WHEREAS, the Fairfax City Council published the required notice concerning the proposed amendment to the current budget for the fiscal year ending June 30, 2013, on March 26, 2013; and WHEREAS, the Fairfax City Council held a public hearing concerning the proposed amendment to the current budget for the fiscal year ending June 30, 2012, on April 9, 2013; and 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. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fairfax, Iowa that the current budget is amended as set out in the attached paperwork; and BE IT FURTHER RESOLVED, by the City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk/Treasurer are hereby authorized and directed to execute this resolution; and BE IT FURTHER RESOLVED, by the City Council of the City of Fairfax, Iowa, that the City Clerk/Treasurer is hereby directed to submit this budget amendment to the Linn County Auditor. Passed and approved this 9th day of April 2013. AYES: Wainwright, Magers, Otto, Frieden, and Beer NAYS: None Jason;` abe, Mayor ATTEST: (�J, 4 A g rf C/, . y hia Stimson, City Clerk/Treasurer CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION To the Auditor of LINN County, Iowa: The City Council of Fairfax in said County/Counties met on April 9, 2013 ,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. 2013-14 A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 3 2013 (AS AMENDED LAST ON ) Be it Resolved by the Council of the City of Fairfax Section 1. Following notice published 03-26-2013 and the public hearing held, April 9, 2013 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: Passed this Signature City Clerk/Finance Officer 9 day of April 2013 (Day) onth/Vear) Signature Mayor Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues & Other Financing Sources Taxes Levied on Property 1 507,353 0 507,353 Less: Uncollected Property Taxes -Levy Year 2 0 0 0 Net Current Property Taxes 3 507,353 0 507,353 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 745,000 0 745,000 Other City Taxes 6 288,669 0 288,669 Licenses & Permits 7 25,000 0 25,000 Use of Money and Property 8 37,520 0 37,520 Intergovernmental 9 833,190 0 833,190 Charges for Services 10 697,000 46,700 743,700 Special Assessments 11 0 0 0 Miscellaneous 12 47,000 77,000 124,000 Other Financing Sources 13 7,130,784 0 7,130,784 Total Revenues and Other Sources 14 10,311,516 123,700 10,435,216 Expenditures & Other Financing Uses Public Safety 15 484,790 35,863 520,653 Public Works 16 1,145,000 65,500 1,210,500 Health and Social Services 17 0 0 0 Culture and Recreation 18 3,185,641 13,400 3,199,041 Community and Economic Development 19 6,000 0 6,000 General Government 20 251,250 15,000 266,250 Debt Service 21 802,784 666,114 1,468,898 Capital Projects 22 0 0 0 Total Government Activities Expenditures 23 5,875,465 795,877 6,671,342 Business Type / Enterprises 24 745,355 -19,905 725,450 Total Gov Activities & Business Expenditures 25 6,620,820 775,972 7,396,792 Transfers Out 26 3,966,784 0 3,966,784 Total Expenditures/Transfers Out 27 10,587,604 775,972 11,363,576 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out Fiscal Year 28 -276,088 -652,272 -928,360 29 Beginning Fund Balance July 1 30 3,372,4581 0 3,372,458 Ending Fund Balance June 30 31 3,096,370 -652,272 2,444,098 Passed this Signature City Clerk/Finance Officer 9 day of April 2013 (Day) onth/Vear) Signature Mayor STATE OF IOWA Counties of Linn and Johnson ss. NOTICE OF PUBLIC HEARING AMENDMENT OF CURRENT CITY BUDGET Form 653.C1 GUata 7 22,r�Wjrumbe ire .sion Exp1, The City Council of Fairfax in LINN County, Iowa will meet at ??5 Vanderbilt Street at 7:00 PM on-6pril9,2013 (hour} (Date) ,for the purpose of amending the current budget of the city for the Fiscal year ending June 30, 2013 (Year) by changing estimates of revenue and expenditure appropriations in the following programs for the reasons given. Additional 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 77777.1 Taxes Levied on Property 1 507,353 0 507,353 Less: Uncollected Property Taxes -Levy Year 2 0 0 0 Net Current Property Taxes 3 507,353 0 507,353 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 - 745,000 0 745,000 Other City Taxes 6 288,669 0 288,669 Licenses & Permits 7 25,000 0 25,000 Use of Money and Property 8 37,520 0 37,520 Intergovernmental 9 833,190 0 833,190 Charges for Services 10 697,000 46,700 743,700 Special Assessments 11 0 0 0 Miscellaneous 12 47,000 77,000 124,000 Other Financing Sources 13 7,130,784 0 7,130,784 Total evenues and Uther sources 123. 7017 --TTT5 Expenditures & Other Fi'nancina Uses Public Safety 15 484,790 35,863 520,653 Public Works 16 1,145,000 65,500 1,210,500 Health and Social Services 17 0 0 0 Culture and Recreation 18 • 3,185,641 13,400 3,199,041 Community and Economic Development 19 6,000 0 6,000 General Government 20 251,250 15,000 266,250 Debt Service 21 802,784 666,114 1,468,898 Capital Projects 22 0 0 0 . -- o a :.. overnmen -Activities -xpen i res - Business Type Enterprises 0 ovActivities usmess Expenditures 6,620,820 775,972 Transfers Out F-928,360 Total Expenditures/Transfers Out 27 10,587,604 775,972 Excess Revenues & Other Sources Over (Under) Ex pendituresiTransfers Out for Fiscal Year 2y 28 �� X276,088 -652,272 Beginning Fund Balance July 1 30 3,372,458 0 3,372,458 Ending Fund Balance June 30 31 3,096,370 -652,272 2,444,098 Explanation of increases or decreases in revenue estimates, appropriations, or available cash: Revenues are increased from donations and additional charges collected. Expenditures are increased from additional debt repayments, planned'eapital projects, sewer system work, and equipment purchases, as well as some increased operating costs. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will 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. Cynthia Stimson City Clerk to state that I am the publisher daily newspaper of general .nd Johnson Counties, in Iowa. copy of which is attached, was I in THE GAZETTE newspaper 26th, 2013 for publishing said notice acknowledged by Tim on March 26th, 2013 tue�,j�. for the State of Iowa V?wW7DIane GUata 7 22,r�Wjrumbe ire .sion Exp1, �.4� 4 Nov -07 NOTICE OF PUBLIC HEARING Form 653.C1 AMENDMENT OF CURRENT CITY BUDGET The City Council of Fairfax in LINN County, Iowa will meet at 525 Vanderbilt Street at 7:00 PM on April 9, 2013 (hour) roar./ ,for the purpose of amending the current budget of the city for the fiscal year ending June 30, 2013 a,ad by changing estimates of revenue and expenditure appropriations in the following functions for the reasons given. Additional detail is available at the city clerk's office showing revenues and expenditures by fund type and by activity. Explanation of increases or decreases in revenue estimates, appropriations, or available cash: Revenues are increased from donations and additional charges collected. Expenditures are increased from additional debt repayments, planned capital projects, sewer system work, and equipment purchases, as well as some increased operating costs. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will 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. City Clerk/ Finance Officer Name Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues & Other Financing Sources Taxes Levied on Property 1 507,353 507,353 Less: Uncollected Property Taxes -Levy Year 2 0 Net Current Property Taxes 3 507,353 0 507,353 Delinquent Property Taxes 4 0 TIF Revenues 5 745,000 745,000 Other City Taxes 6 288,669 288,669 Licenses & Permits 7 25,000 25,000 Use of Money and Property 8 37,520 37,520 Intergovernmental 9 833,190 833,190 Charges for Services 10 697,000 46,700 743,700 Special Assessments 11 0 Miscellaneous 12 47,000 52,000 99,000 Other Financing Sources 13 7,130,784 7,130,784 Total Revenues and Other Sources 14 10,311,516 98,700 10,410,216 Expenditures & Other Financing Uses Public Safety 15 484,790 10,863 495,653 Public Works 16 1,145,000 65,500 1,210,500 Health and Social Services 17 0 Culture and Recreation 18 3,185,641 13,400 3,199,041 Community and Economic Development 19 6,000 6,000 General Government 20 251,250 15,000 266,250 Debt Service 21 802,784 666,114 1,468,898 Capital Projects 22 0 Total Government Activities Expenditures 23 5,875,465 770,877 6,646,342 Business Type / Enterprises 24 745,355 -19,905 725,450 Total Gov Activities & Business Expenditures 25 6,620,820 750,972 7,371,792 Transfers Out 26 3,966,784 3,966,784 Total Expenditures/Transfers Out 27 10,587,604 750,972 11,338,576 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out Fiscal Year 28 -276,088 -652,272 -928,360 29 ;I Beginning Fund Balance July 1 30 3,372,458 3,372,458 Ending Fund Balance June 30 31 3,096,370 -652,272 2,444,098 Explanation of increases or decreases in revenue estimates, appropriations, or available cash: Revenues are increased from donations and additional charges collected. Expenditures are increased from additional debt repayments, planned capital projects, sewer system work, and equipment purchases, as well as some increased operating costs. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will 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. City Clerk/ Finance Officer Name City of Fairfax From: Adams, John A. <John.Adams@linncounty.org> Sent: Monday, April 15, 2013 8:07 AM To: City of Fairfax Subject: RE: City of Fairfax Budget Amendment Form sent to Ted Nellesen, DOM Cynthia, I received your amended budget forms on April 12, 2013. All check out OK and a copy was sent to Ted Nellesen, Iowa Dept. of Management, as required. John From: City of Fairfax fmailto:fairfax@southslope.netl Sent: Friday, April 12, 2013 12:39 PM To: Adams, John A. Subject: City of Fairfax Budget Amendment Form John, I didn't have you date and time stamp my budget amendment form. Would you please send me a response to this email verifying that you have received our budget amendment forms this morning. Thank you for your help. Cynthia Stimson City Clerk/Treasurer City of Fairfax 319-846-2204 — Tele 319-846-3480 — Fax www.fairfaxia.com 1