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HomeMy WebLinkAbout10/12/19721 411. G ,o w3=t -8 35 - City Hall, Waterloo, Iowa SPECIAL SESSION October 12, 1972 - 12:00 NOON The City Council of the City of Waterloo, Iowa, met in Special Session in the City Council Chambers in the City Hall in said City at 12:00 Noon on October 12, 1972, pursuant to the following call: TO: CITY COUNCILMEN OF THE CITY OF WATERLOO, IOWA You are hereby notified that a Special. Meeting of the City Council of the City of Waterloo, Iowa, will be held at the Council Chi.bers in the City Hall in the City of Waterloo, Iowa, at 12:00 o'clock Noon on. Thurs- day, October 12, 1972, and that said Special Meeting is being called for the purpose of "Holding a hearing on the proposed Budget for the Year 1973, for the City of Waterloo, Iowa, and Adopting a Budget for the Year 1973, for the City of Waterloo, Iowa." You are further notified that no other business except the above will be transmitted at said Meeting. (Signed) LLOYD Lo TURNER, MAYOR Due, timely and legal service of the above notice is hereby accepted this llth day of October, 1972 by me, a duly elected, qualified and acting Councilman of the City , f Waterloo, Iowa (Signed) Trueman Miller (Signed) Robert Cavanaugh I, Lt. Grimm, hereby certify that I have served the above notice on Councilmen, Dykeman, Keller, Cohea, Morrissey and Nabrey, by leaving a copy thereof at his place of business or residence. Mayor Turner in the Chair. Present: Absent: (Signed) Lt. Grimm, Officer Serving Call Councilman Cavanaugh, Cohea, Dykeman, Mabrey, Miller and Morrissey. Councilman Keller. 62863 - Moved by Dykeman, seconded by Miller that the copies of the Call for the Special Meeting of October 12, 1972 at 12:00 Noon, be received and placed on file. 62864 - 62865 - Motion carried. Moved by Cohea, seconded by Mabrey that the proof of publication of the "Notice of Hearing" on the Budget Estimate for the Year 1973 for the City of Waterloo, Iowa, be received and placed on file. Motion carried. Mayor Turner reported the Budget for Year 1973 will be approximately 22 mills lower due to receiving revenue sharing from the Federal Government, which is reflected in this Budget. The Mayor announced the time had arrived to hear objections, if any, and asked if any one present wished to be heard or make objection, or if there were any written objections filed. The Clerk reported no written objections had been filed and no one appear- ed to object orally. Moved by Morrissey, seconded by Cavanaugh that the Budget for the Year 1973 be approved as previously read and published in the Waterloo Daily Courier on the 28th day of September, 1972, and it shall be as hereinafter BUDGET CITY OF WATERLOO, IOWA TAX YEAR 1973 FUNDS (Use Whole Dollars) Func'ional 1. General 2. Street 3. Public Safety: 3a. 3b. 4. Sanitation Activity Administration Street _ Police Fire Other Sanitation 5. Mun. Enterprise: Library 5a. Cemete 5b. Airport 5c. Other B EXPENDITURES FOR YEAR 1971 Actual ,1,149 ,_584 2,185.289_ 1,332_,_624 _ 1.232 565 219,410' 2.20b,B9�_ 2$0.260 273,957 698A61 6. Recreation Park 6a. Other 7. Utilities St. Lighting 8. 9. 617„164 296,2._44' 1:172 Actual and Estimated 1973 P*oposed 1.2.1-5 1.y3_ 1:321.55� 512,136 _ 923 :7) �397y545' 1, 527187:3 1,274.453 1, 336 7Z 101 US S1 ____ ---11 b d 9 _____ 710.,.266 758.759 314,900 335.371 3_,_848„20()__ _ 385,_50(1 374.500 361._000' 510.600 612,253, 301.104 34b9905 0 Estimated Cash Reserve E Estimated Balance and All Other Receipts 988,,138 ._ _ 3231984_ . . 785,593 71.519_ _ 46_,,525 4741.107 31.000' 304.371 F Estimated Amount (C+D--h) Necessary to Be Raised By Taxation 333,1318 _1_04_654 742,280 ,264_,653 69.644 284,652 355,500 3000.4 142,_000 219.000 _300_,_253 312.000 76,000_ _..- 270,905 Functional Sub -Total (or) 10. General Fund — new definition OTHER: 11. utility:Water Works 12. Utility: 10,497,855; 10,645,957; 7,592,596; 1.595,801; 1,789.8701 1„244,M! 13. Utility: 14. Debt Service -Waterloo 15. Emergency 16. Debt Service W' 10o–C. 1. 17. Trust & Agency: Pensions 17a. Other 18. Tort Liability 19. Auditorium Concession 20. 350921 143.269 L876.935! 592 ,675 154,129 13.359 315,7y6y1� 152_.000L_ 1,569.959; 768,111: 3,594,619'; 1 244.760 3,997,977 196,925 196,925 2.185,.690' 312,380' _ 1 L873, 310 880.6051 6.314849 6_._554.849. 640605 140.000, 40,000; 200,000 4000001 21. 22. Sewer Rental 1x499+929 23. Street (R. U. T.) 1 3601_106 24. Liquor Profit 261.088 ilEt0411/40111MVPF t. Sinking 109_.835 26. gitAnWtgat Urban Renewal 2, 775„501 27. Revolving _46.338 28. 29. Street (Ag. Land) 3„809_,521 1,102.000! 269,000 217,960, 4500.000. _ 150,00(1_ 2,912 3,500 521,643_ 1 L135.000:_. 2901000 2211(6�,1559 3L30`� „000 150,000_ 3.500 200,000 40,0001 _ _-- T 521,643 1,135.0001 290,000 320.278 5361437 3,300,000 150,000 IMICOBSOUOIMX IECouestuntox annummosxmas 3,500 30. TOTAL 211_410, 653_ _ 25,473,643 _17_,95 6 878_ 6,635 Estimated Taxes per $1,000 Assessed Valuation _ s 43.96 7_ 17679688 X912, 317 3 62865 - (Continued) stated, and the City Clerk, be and he is hereby instructed to file the adopted Budget with the County Auditor as provided by law, said Budget being in words and figures as shown on the following page00000.00000 (see page two) On roll call., Cavanaugh, Cohea, Dykeman, Mabrey, Miller and Morrissey voted Aye. Nay: None. Absent: Keller. Mayor declared the motion carried. 62866 - Moved by Mabrey, seconded by Cohea that the Council adjourn_ Motion carried. October 12, 1972 Andrew A. Blomberg, City Clerk ,// o 0 • r - rt rt o '< CD VI K Ill N r, 1/40 1/40V/rt Cr1 CD N V] hi r 1 H O 0 O 1z'• 1-'1 0 0 O E. 111