HomeMy WebLinkAboutRESOLUTION NO. 2019-06 RESOLUTION NO. 2019-06
RESOLUTION SETTING TIME AND PLACE FOR A PUBLIC
HEARING FOR THE PURPOSE OF SOLICITING WRITTEN AND
ORAL COMMENTS ON THE CITY'S PROPOSED AMENDMENT
TO THE FISCAL YEAR 2018-2019 BUDGET
WHEREAS, the City Council of Fairfax, Iowa has prepared an amendment to the
Annual Budget for Fiscal Year 2018-2019; and
WHEREAS, Iowa Code 384.16.3 requires a public hearing on the proposed
amended budget where any resident or taxpayer of the City may present to the City Council
objections to any part of the budget amendment for the current fiscal year or arguments in
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 12, 2019, at 6:00 PM at the Fairfax City Hall, at 300 80t" Street Court, 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 2018-2019 Amended 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/Treasurer are hereby authorized and directed
to execute said resolution.
Passed and approved this 19t" day of February, 2019.
AYES: Otto, Daly, Kell, Volk, and Wainwright
NAYS: None
Burnell G. Frieden, Mayor
ATTEST: M@
yiithia K. Stimson, City Clerk/Treasurer
x
Y
5h
Jun-18
NOTICE OF PUBLIC HEARING
Form 659.C1 AMENDMENT OF FY2018-2019 CITY BUDGET
The City Council of Fairfax in LINN County, Iowa
will meet at 300 80th Street Court
at 6:00 PM on 3/12/2019
(hour) (Date)
,for the purpose of amending the current budget of the city for the fiscal year ending June 30, 2019
(Vear)
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.
Total Budget Total Budget
as certified Current after Current
or last amended Amendment Amendment
Revenues&Other Financing Sources
Taxes Levied on Property 1 772,168 772,168
Less:Uncollected Property Taxes-Levy Year 2 0 0
Net Current Property Taxes 3 772,168 0 772,168
Delinquent Property Taxes 4 0 0
TIF Revenues 5 970,000 970,000
Other City Taxes 6 273,061 7,239 280,300
Licenses&Permits 7 91,500 5,500 97,000
Use of Money and Property 8 28,086 12,114 40,200
Intergovernmental 9 426,130 46,193 472,323
Charges for Services 10 1,271,180 -10,168 1,261,012
Special Assessments 11 0 0
Miscellaneous 12 125,082 -22,082 103,000
Other Financing Sources 13 4,170,000 -2,008,093 2,161,907
Transfers In 14 1,175,069 513,570 1,688,639
Total Revenues and Other Sources 15 9,302,276 -1,455,727 7,846,549
Expenditures&Other Financing Uses
p t Q
Public Safety 16 423,928 47,415 471,343
Public Works 17 459,730 15,000 474,730
Health and Social Services 18 0 0
Culture and Recreation 19 1,066,555 -55,373 1,011,182
Community and Economic Development 20 141,2.00 -108,000 33,200
General Government 21 371,810 371,810
Debt Service 22 1,141,692 -73,660 1,068,032
Capital Projects 23 0 0
Total Government Activities Expenditures 24 3,604,915 -174,618 3,430,297
Business Type/Enterprises 25 3,297,566 -123,392 3,174,174
Total Gov Activities&Business Expenditures 26 6,902,481 -298,010 6,604,471
Transfers Out 27 1,175,069 513,570 1,688,639
Total Expend itures/Tra nsfers Out 28 8,077,550 215,560 8,293,110
................
Excess Revenues&Other Sources Over
(Under)Expenditures/Transfers Out Fiscal Year 29 1,224,726 1,671,287 446,561
Beginning Fund Balance July 1 30 1,263,231 1,263,231
Ending Fund Balance June 30 31 2,487,957 -1,671,2871 816,670
Explanation of increases or decreases in revenue estimates,appropriations, or available cash:
More revenue, less debt issued, less expenses in some programs, more in others.
There will be no increase in tax levies to be paid in the current fiscal year named above related to the proposed
budget amendment. 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.
Cynthia Stimson
City Clerk/Finance Officer Name