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Home My WebLink AboutRESOLUTION NO. 2018-21 i 57 =544 CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION-FY 2018-AMENDMENT#1 To the Auditor of LINN County, Iowa: The City Council of Fairfax in said County/Counties met on 4/10/2018 ,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. 2018-21 A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 31 2018 (AS AMENDED LAST ON N/A ) Be it Resolved by the Council of the City of Fairfax Section 1. Following notice published 3/28/2018 and the public hearing held, 4/10/2018 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 p y 1 745,216 0 745,216 Less:Uncollected Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 745,216 0 745,216 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 950,000 0 950,000 Other City Taxes 6 275,917 0 275,917 Licenses&Permits 7 54,000 33,475 87,475 Use of Money and Property 8 38,020 -5,000 33,020 Intergovernmental 9 423,409 0 423,409 Charges for Services 10 982,130 24,000 1,006,130 Special Assessments 11 0 0 0 Miscellaneous 12 65,750 6,700 72,450 Other Financing Sources 13 0 3,000,000 3,000,000 Transfers In 14 1,224,100 775,900 2,000,000 Total Revenues and Other Sources 15 4,758,542 3,835,075 8,593,617 Expenditures&Other Financing Uses Public Safety 16 401,546, 17,500 419',046 Public Works 17 306,100 94,500 400,600 Health and Social Services 18 0 0 0 Culture and Recreation 19 580,360 404,000 984,360 Community and Economic Development 20 66,200 8,500 74,700 ' ved General Government 21 511,668 6,000 517,668 i Debt Service 22 1,223,479 171,667 1,395,146APR 12 01 Capital Projects 23 0 0 0 Total Government Activities Expenditures 24 3,089,353 702,167 3,791,520 Business Type/Enterprises 25 1,475,010 21522,720 3,997,793 Total Gov Activities&Business Expenditures 26 4,564,363 3,224,887 7,789,250 wltl" � �� Transfers Out 27 1,224,100 775,900 2,000,000 Total Expenditures/Transfers Out 28 5,788,463 4,000,787 9,789,250 Excess Revenues&Other Sources Over (Under)Expenditures/Transfers Out Fiscal Year 29 1,029,921 165,7121 195,63.3.�0 as li a- a 9 Beginning Fund Balance July 1 30 1,774,747 01 1,774,747 +• w, �i Ending Fund Balance June 30 31 744,826 -165,7121 579,11 a Passed this 10 day of Aril 2018 A (Day) (Month/Year) '. .. { / it 1% Signature Signature City Clerk/Finance Officer Mayor ^ , , n ' e a ef�e thegazette.com INVOICE DATE ACCOUNT# ACCOUNT NAME LINES TIMES I 3/28/18 2698 CITY OF FAIRFAX 3.00 x 8.5000 1 DESCRIPTION legals-Form 653.C1 Budget PROOF OF PUBLICATION I, Chris Edwards, do state that I am the publisher of THE GAZETTE, a daily newspaper of general circulation in Linn and Johnson, in Iowa. The notice, a printed copy of which is attached,was inserted and published in THE GAZETTE in the issue(s)of 3/28/2018 The reasonable fee forublishin said notice is 119.61 p 9 _- ---_ M NOTICE OF PUBUG HEARING AMENDMENT OF FY2017-2018 CITY BUDGET Form 653.01 / The City Council of Fairfax in CNN County,Iowa will meet at 300 89th Street Court Fairfax,Iowa at 6.00 PM on 4/1012018 (hour) (Date) WA, ,for the purpose of amending the current budget of the city for the fiscal year ending June 30, 2018 } S S: (year) inn and Johnson by changing estimates of revenue and expenditure appropriations in the following programs for the reasons given.Additional detail is available atthe,city clerk's officeshowing revenues and expenditures by fund typeg y was acknowledged b Chris Edwards and;by activity: 28th day of March,2018 Total Budget Total Budget as certified Current after Current or last amended Amendment Amendment Revenues&Other Financing Sources777777 Taxes Levied on Property1 745,216 0 745,216 Less:Uncollected Property Taxes-Levy Year 2 0 0 0 = Net Current Property Taxes 3 745,216 0 745,216 Delinquent Property Taxes 4 6 0 0 TIF Revenues 5 950,000 0 1950,000 other City Taxes 6 275,917 0 275;917 and for the State of low 3 License Permits 7 54,000 777777 33,475 87,475 146MArt±y.and Property" .8 38,026 x5,000 ; 020 fntergoverr mental 9 423/109 0 423 409 Charges for Services 10 982,130 24,000 . 1,006,130 Speoia AAssessments 11 0 0 0 �3 u"vSHARON KEYS Miscellaneous 12 65,750 6,700 72,450 Commission Number 794598 Other Financing Sources 13 0 3,000,000 3,000,000 k My Commission Expires Tranfers In 14 1,224,100 775,900 2,000;000 o a evenues an Other Sources February 162A19 I '777 77777777 Expenditures&Other Financing Uses Public Safety' 16 401,546 17,500 419,046 Public Works 17 306,100 94,500 400,600 Health and Social Services 18 0 0 0 Culture and Recreation 19 580,360 404,000 984;360 Community and Economia Development 20 66,200 8,500 74,700 I General Government 21 511768 6,000 517,668 Debt Service 22 1,223,479 171,667 1,395,146 Capital Projects 23 0 0 0 a al Go�vernment Activities Expwiditures . Business Type! nterprises ,475, 1 2; 22,7 0 3,997, 30 o a ov c ivi les usmess xpen i ures ransfers Out 2 I,IM,165-077-5=0 2,000,000 Total Expenditures(Transfers Out 28 5,788,463 4,000,787 9,789,250 Excess Revenues&Other Sources Over " (Under)Expenditures/Transfers Out for Fiscal Year 29 1,029,921 -165,712 1,195,633 7: ._ Beginning Fund Balance July 1 30 1,774,747 0 1,774,747 Ending Fund Balance June 30 31 744,826 -165,712 579,114 I Explanation of increases or decreases in revenue estimates,appropriations,or available cash: Increases in revenues are from building permit fees,connection fees,ad fees,transfers,and debt issuance. Increases in expenses are from projects,utilities,legals fees,equipment,and transfers.