HomeMy WebLinkAboutRESOLUTION NO. 2014-23 RESOLUTION NO. 2014-23
RESOLUTION SETTING TIME AND PLACE FOR A PUBLIC HEARING FOR
THE PURPOSE OF SOLICITING WRITTEN AND ORAL COMMENTS ON THE
CITY'S PROPOSED FISCAL YEAR 2014-2015 BUDGET
WHEREAS, the City Council of Fairfax, Iowa has prepared the annual budget
for the Fiscal Year 2014-2015; and
WHEREAS, Iowa Code 384.16.3 requires a public hearing on the proposed
budget where any resident or taxpayer of the City may present to the City Council
objections to any part of the budget for the following 'fiscal year or arguments ,n 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 March 11, 2014, at 7:00 PM at the Fairfax City Hall, at 525 Vanderbilt Street, 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 2014-2015 budget not less
than ten.(10) days nor more than twenty (20) days prior to the date set for the hearing.
BE IT FURTHER RESOLVED, by the Fairfax City Council of the City of
Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to
execute said resolution.
Passed and approved this I I'h day of February, 2014.
AYES: Beer, Frieden, Otto, and Magers
NAYS: None
ABSENT: Wainwright
Jasop Rabe, Mayor
ATTEST:
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LA-
Cy�thia Stim"son, City Clerk/Treasurer
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NOTICE OF PUBLIC HEARING
BUDGET ESTIMATE �
FISCAL YEAR BEGINNING JULY 1.20M4-ENDING JUNE 3\2015 �
City of Fairfax . lomm
The City Council will conduct public:hearing on the proposed Budget at city hall,525 Vanderbilt Street, Fairfax
on 3/11112014 at 7:00 PM
(Date)'m+'lx» (hour)
The Budget Estimate Summary of proposed receipts and expenditures is shown below.
Copies of the the detailed proposed Budget may be obtained or viewed at the offices of the Mayor,
City Clerk, and utthe Library. |
The estimated Total tax levy rate per$1000 valuation on regular property $ n .
The estimated tax levy rate per$10BOvm|umNon onAgriuu|tura| land is . . .. . $ 3.80375
At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of,any part
nfthe proposed budget.
318'840'2204 Cynthia Stimson
phone number City Clerk0nance officer's NAME
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Budget FY Re-estimated FY Actual FY
2016 2014 2013
Taxes Levied on Property 579,901 581,948 520,387
Less:Uncollected Prop"Taxes-Levy Year 0 0 0
Net Current Property Taxes 31 579,901 581,948 520,387
Delinquent Property Taxes 41 0 0 0
TIF Revenues 5 887,461 706,930 717,125
Other City Taxes 6 264,117 252,000 247,776
Lirenses&Permits 7 30,000 32,000 27,302
Use of Money and Property 8 28,000 25,050 26,920
Intergovernmental 9 861,55G 865,060 347,784
Charges for Fees&service 101 771,095 783,800 725,447
Special Assessments ill 0 0
Miscellaneous 121 52,100 63,000 178.593
Other Financing Sources 13 4,967,877 8,358,691 135,825
Total Revenues and Other Sources 14 8,442,101 11,668,479 3,927,159
Expenditures&Other Financing Uses
Public Safety 15 366,093 468,493 400,435
Public Works 161 1,440,200 3,370,974 417,551
Culture and Recreation 18 1,324,803 1,307,637 1,602,416
Community and Economic Development 19 8,000 10,000 5,326
General Government 20 238,000 310,500 198,953
Debt Service 21 1,132,877 1,591,767 1,468,723
Capital Projects 221 0 0
Total Government Activities Expenditures 231 4,509,973 7,059,371 4,093,404
Business Type I Enterp6ses 24 1,093,900 564,500 511,023
Total ALL Expenditures 25 5,603,873 7,623,871 4,604,427
Total ALL Expenditures/Transfers Out 27 8,671 12,167 5,740,252
Excess Revenues&Other Sources Over
(Under)ExpendituresrTransfers Out 1281 -229,649 -499,083 -1,813,093
und Balance July 1 29 1,060, 821 1,55c,
Ending Fund Balance June 30 301 830,6331 1,060,2821 1,559.3651
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