HomeMy WebLinkAboutRESOLUTION NO. 2015-79 RESOLUTION NO. 2015-79
RESOLUTION AMENDING- THE CURRENT BUDGET FOR
FISCAL"!SEAR ENDING JUNE 30, 2016
WHEREAS, the Fairfax: City Council published the required notice concerning the
proposed amendment to the current budget for the fiscal year ending June 30, 2016, on October 2,
2015; 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, 2016, on October 13, 2015;
and
WHEREAS,the Fairfax City Council, after hearing all taxpayers washing 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 FUR `1L`ER RESOLVED, by the City Council of the City of Fairfax., Iowa, that
the City Cleric/Treasurer is bereby directed to submit this budget amendment to the Linn County
Auditor.
Passed and approved this 13''day of October, 2015.
AYES: Otto, Frieden, and Beer
NAYS: None
ABSENT: Magers and Wainwright
Jason Rabe,Mayor
ATTEST:
Cyn lia Stimson, City Clerk/Treasurer
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CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION
To the Auditor of LINN County, Iowa:
The City Council of Fairfax in said County/Counties met on October 13,2015
,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, 2015-79
A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 3+ 2016
(A5 AMENDED LAST ON }
Be it Resolved by the Council of the City of Fairfax
Section 1. Fallowing notice published 10-02-2015
and the public hearing held, October 13,2015 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
Taxes Levied on Property 1 610,518 0 610,518
Less;Uncollected Property Taxes-Levy Year 2 0 0 0
Net Current Property Taxes 3 610,518 0 610,518
Delinquent Property Taxes 4 0 0 0
1"lF Revenues 5 898,000 0 898,000
Other City Taxes 6 250,375 0 250,375
Licenses&Permits 7 58,500 0 58,500
Use of Money and Property 8 28,740 0 28,740
Intergovernmental 9 400,303 0 400,303
Charges for Services 10 771,140 55,000 826,140
Special Assessments 11 0 0 0
Miscellaneous 12 53,500 8,000 61,500
Other Financing Sources 13 0 1,000,000 1,000,000
Transfers In 14 1,239,858 60,142 1,300,000
Total Revenues and Other Sources 16 4,310,934 111,1123,142 5,434,076
Expenditures&Other Financing Usesl
Public Safety 16 903,816 121,185 1,025,000
Public works 17 897,711 1132,289 1,030,000
Health and Social Services 18 0 0 0
Culture and Recreation 19 676,379 23,621 700,000
Community and Economic Development 20 73,500 111,500 185,000
General Government 21 391,400 33,600 425,000
Debt.Service 22 1,257,733 42,267 1,300,000
Capital Projects 23 0 0 0
Total Government Activitles Expenditures 24 4,200,538 464,462 4,665,000
Business Type I Enterprises 25 1,881,00C 0 1,881,000
Total',Gov Activities&Business Expenditures 26 6,081,538 464,462 6,546,000
Transfers Out 27 1,239,858 60,142 1,300,000
Total ExpenditureslTransfersOut 28 7,321,396 524,604 7,846,000
Excess Revenues&Other Sources Over
(Under)Expenditures/Transfers Out Fiscal Year 29 -3,010,462 598,538 -2,411,924
u�I!r139 + it i ',Ii 'v1' ...:,) i, �. '' "ISI {4'il�',i''l'' !�'� •^''li�"��, it';1 x,11 I ....,...'A. �i� it tl i,, I,..'ll''. II I'','' ..
Beginning Fund Balance JWy 1 30 3,480,827 0 3,480,827
Ending fund Balance.lune 30 31 470365 598538 1068903
Passed this 13 day of October 2015
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r F r Signature - Signature
City ClerWFinance Officer Mayor