HomeMy WebLinkAbout09/21/1972NOTICE OF SPECIAL MEETING
OF
CITY COUNCIL, CITY OF WATERLOO, IOWA
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 Chambers
in the City Hall in the City of Waterloo, Iowa, at 12:00 o'clock
Noon on Thursday, September 21, 1972, and that said Special Meet-
ing is being called for the purpose of
"Submitting the proposed Budget for the Year 1973, for
the City of Waterloo, Iowa, and setting the date, time
and place for a hearing on said Budget."
You are further notified that no other business except the above
will be transmitted at said Meeting.
Lloyd L. Turner, Mayor
Cit of Waterloo, Iowa
•
f`'I6$/7
City Hall, Waterloo, Iowa
SPECIAL, SESSION
September 21, 1972 - 12:00 NOOK
The City Council of the City of Waterloo, Iowa, met in Special Session in the
Council Chambers of the City Hall in said City at 12:00 Noon. on September 21,
1972.
Mayor Turner in the Chair.
Present:
Absent:
62767 -
Councilmen Dykeman, Keller, Mabrey and Miller.
Councilmen Cavanaugh, Cohea and Morrissey.
Moved by Keller„ seconded by Miller that the Copies of the Call for the
Special Meeting of September 21, 1972 at 12:00 Noon, be received and
placed on file.
Motion carried.
62768 Mayor Turner mentioned the reason for the delay in holding a hearing on
the budget was because under the home rule bill the municipality has
until October 15,1972, to file the budget with the County Auditor, and,
because of the deliberation in the Congress of the United States on the
revenue sharing bill whichwould provide the City revenues that could
be used for their budgets, and this bill has now beenassuredof passage;
included in this budget is revenue sharing; this budget due to this
revenue sharing, is a reduction of the millage levy of approximately 2
mills; the City has been using the maximum 30 mills plus the 1 mill emer-
gency levy, so this allows us to reduce our current operating expenses
from 31 mills dcwn to 25.220 mills but there is a big increase in our
debt service which is used to pay off our principal and interest on the
bonds which have been sold recently.
Mcved by Mabrey, seconded by Miller that the communication from Mayor.
Turner, submitting the proposed Budget for the Year 1973, for w:ne City
of Waterloo, Iowa, and requesting a date for public hearing be set, be
received, placed on file, and the Council having duly considered said
Budget and being fully advised, finds that hearing date should be fixed
and does hereby set October 12, 1972 at 12:00 o'clock Noon in the Coun-
cil Chambers, City Hall in said City, as the date, time and place for
said hearing, and the City Clerk is hereby instructed to publish the
Estimate and Notice of Hearing, which is worded and figures as follows:
(Insert the Budget here, which is Page 2)
On roll call, Dykeman, Keller, Mabrey and Miller voted Aye. Nay: None
Absent: Cavanaugh, Cohea and Morrissey. Mayor declared the motion
carried.
62769 - Moved by Miller, seconded by Mabrey that the Council adjourn.
Motion carried
An•re4,e„/ 4ele;v4";
w A. Blomberg,
City Clerk
•
Iota Official Form No. 631
BUDGET ESTIMATE
TOWN - CITY
TAX YEAR 1973
Notice: The TOWN/CITY COUNCIL of_. _ _ WATEFL00
in _ BLACK _ HAWK_ County, Iowa,
will meet __ October _i2_ ___ 1972, at12;00Noogv, at Council Chambers in City Hall__
Taxpayers will be heard a&fthat time for or against the following budget estimate. This is a summary of the supporting detail
of budget receipts and expenditures on file with the Town/City Clerk. Copies of the Supplemental Detail (Schedule 631-A)
will be furnished any taxpayer upon request.
/s/
Clerk
43.96
Estimated Taxes per $1,000 Assessed Valuation - $
A B C
EXPENDITURES FOR YEAR
D
E
Estimated
F
Estimated
Amount
FUNDS
(Use Whole Dollars)
1972 ICash
1971 1973
Actual and
Actual Estimated Proposed
Estimated
Reserve
Balance and (C+D-E)
All Other Necessary to
Receipts Be Raised By
Taxation
Functional Activity
1. General Administration
1,149,584
1.215, 193. 1:321.956
1 333, 818
9$8,138L
2. Street Street
2.185.289
512.136 490.638
323,984 166.654
3. Public Safety: Police
1.332.624
1.397.545 1.527.873
785.593 742,280
3a. Fire
1.232.565
1,274,453 1,336.172
71.519 1,264,653
3b. Other
219,410
181,060
116.169
46.525 69.644
4. Sanitation Sanitation
2.206.895
710.266'
758.759
474,107 284.652
5. Mun. Enterprise: Library
285,260
314.900
335.371
31.000
304.371
5a. Cemetery
5b. Airport
273,957
3.848.200
374,500
510.600
307,104
385,500
361.000
612.253
346,905
355,500
142.000
300,253
76,000
30.000
219.000
312.000
270,905
5c. Other
698,863
6. Recreation Park
617.164
6a. Other
296,244
7. Utilities St. Lighting
8.
9.
Functional Sub -Total (or)
10. General Fund - new definition
10,497,855
10,645,957
7,592,596
3,594,619
3,997,977
OTHER:
11. Utility: Wat er Works
1,595.801
1.789.870
1.244.760
1,244,760
12. Utility:
13. Utility:
14.Debt Service-Waterlod 350.921 315.761
196,925
196,925
15. Emergency 143,269 152,000
16. Debt Service W ' loo-C.H. 1,876,935 1.569,959
2.185,690
312.380
1.873,310
17. Trust & Agency: Pensions 592,675 768.111
880.605
6,314,849
6,554,849
640.605
17a. Other
18. Tort Liability 154.129 140.000
200.000
200, 000
19. Auditorium Concession 13,359
40.000
40.000
40,000
20.
21.
22. Sewer Rental 1.499.929 3.809.525
5211643
521.643
xoutratumuax
23. Street (R. U. T.) 1.360,106' 1,102 ,0001 1.135,000
1.135.000
1xzmmuunann
24. Liquor Profit 261.088 269.000
290.000
290.000
UE
• 404MVPF & Sink'ng 189,835 217,960
216.159' 320,2781 536.437
nipxMEAOANU
26• R49 -At Urban Renewal 2,775,501 4,500.000
3.300, 0001 3,300.000
AMMUMUUMM
27.Revolving 96,338 150,000 150.000
150.000
28.
29. Street (Ag. Land) 2,912 3, 500 3,5001
3,500
4n TnTA1. 91.410_65'1 25_473_6431 17.956.8781. 6.635.127 17.679.688
6.912.317
43.96
Estimated Taxes per $1,000 Assessed Valuation - $
Cn n
m
H
rt
rt �C
m
cx
dro
mtrJr-
nni
H
N
rt
CD
�Cn n
NH 0
O 0
1 ZV
r
N 0
0 W
O
z
O
0
z