Loading...
HomeMy WebLinkAboutRESOLUTION NO. 2019-07 RESOLUTION NO. 2019-07 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 2019-2020 BUDGET WHEREAS, the City Council of Fairfax, Iowa has prepared the annual budget for the Fiscal Year 2018-2019; and WHEREAS,Iowa Code 3 84.16.3 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 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 80th 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 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 19th day of February, 2019. AYES: Otto, Daly, Kell, Volk, and Wainwright NAYS: None urnell G. Frieden, Mayor ATTEST: ity Clerk/Treasurer Cy#a Stimson, R a rm c Form 631.1 Department of Management NOTICE OF PUBLIC HEARING BUDGET ESTIMATE FISCAL YEAR BEGINNING JULY 1, 2019-ENDING JUNE 30, 2020 City of Fairfax Iowa The City Council will conduct a public hearing on the proposed Budget at 300 80th Street Court, Fairfax, IA on 3/12/2019 at 6:00 PM (Date)xx/xx/xx (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 at the Library. The estimated Total tax levy rate per$1000 valuation on regular property . . . . . . . . . . $ 8.10000 The estimated tax levy rate per$1000 valuation on Agricultural land is . . . . . . . . . . . $ 3.00375 At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part of the proposed budget. 319-846-2204 Cynthia Stimson phone number City Clerk/Finance Officer's NAME Budget FY Re-estimated FY Actual FY 2020 2019 2018 .................................................................... (a) (b) (c) Revenues&Othe r Financin Sources Taxes Levied on Property 1 818,859 772,168 739,276 Less:Uncollected Property Taxes-Levy Year 2 1 0 0 0 Net Current Property Taxes 3 818,859 772,168 739,276 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 1,025,000 970,000 946,788 Other City Taxes 6 256,039 280,300 289,907 Licenses&Permits 7 99,325 97,000 82,655 Use of Money and Property 8 1 34,516 40,200 36,620 Intergovernmental 9 1 432,942 472,323 440,735 Charges for Fees&Service 101 1,625,410 1,261,012 1,018,583 Special Assessments 11 0 0 0 Miscellaneous 12 116,850 103,000 115,463 Other Financing Sources 13 0 2,161,907 29,453 Transfers In 14 1,145,654 1,688,639 1,204,619 Total Revenues and Other Sources 15 5,554,595 7,846,549 4,904,099 Ei ures&Other Financin Uses x endt Public Safety 16 440,888 471,343 378,722 Public Works 17 433,305 474,730 321,229 Health and Social Services 18 0 0 0 Culture and Recreation 19 531,338 1,011,182 398,800 Community and Economic Development 20 35,200 33,200 35,479 General Government 21 386,410 371,810 339,968 Debt Service 22 1,129,654 1,068,032 1,392,962 Capital Projects 23 0 0 0 Total Government Activities Expenditures 24 2,956,795 3,430,297 2,867,160 Business Type/Enterprises 25 1,493,929 3,174,174 1,343,838 Total ALL Expenditures 26 4,450,724 6,604,471 4,210,998 Transfers Out 27 1,145,654 1,688,639 1,204,619 Total ALL Expenditures/Transfers Out 28 5,596,378 8,293,110 5,415,617 v e Sources Over Excess Revenues&Other r t e o (Under)Expend itures/TransfersOut 29 -41,783 -446,561 -511,518 Beginning Fund Balance July 1 1301 816,670 1,263,231 1,774,749 Ending Fund Balance June 30 1311 774,887 816,670 1,263,231