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HomeMy WebLinkAbout2003-357-05.27.2003 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2003-357 RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 30, 2003. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, as follows: Section 1. Following notice published May 16, 2003, and the public hearing held May 27, 2003, the current budget is amended as set out herein and in detail by fund and activity that supports this resolution which was considered at that hearing. Total Budget as Total Budget Certified or Last Current After Current Amended Amendment Amendment Revenues & Other Financing Sources Taxes Levied on Property 28, 020,783 28, 020,783 Less: Uncollected Property Taxes-Levy Year 0 Net Current Property Taxes 28, 020,783 0 28,020,783 Delinquent Property Taxes 0 TIF Revenues 1, 633,000 1, 633,000 Other City Taxes 9,591,493 9, 591,493 Licenses & Permits 985,772 -960 984,812 Use of Money and Property 1,418, 805 3, 400 1,422,205 Intergovernmental 32,513,513 157,550 32, 671, 063 Charges for Services 17, 107, 188 -8,968 17, 098,220 Special Assessments 184,577 184,577 Miscellaneous 928, 341 137,506 1, 065,847 Other Financing Sources 15,536,462 6,079,734 21, 616,196 Total Revenues and Other Sources 107, 919, 934 6,368,262 114,288, 196 Expenditures & Other Financing Uses Public Safety 20,754, 547 -156, 949 20, 597,598 Public Works 16, 388, 419 385,000 16,773,419 Health and Social Services 509,842 -21,241 488, 601 Culture and Recreation 6, 077,529, 136, 442 6,213, 971 Community and Economic Development 13, 489,595 1, 056 13, 490, 651 General Government 3,261,393 -19,363 3,242, 030 Debt Service 10, 653, 333 3, 115, 000 13, 768, 333 - ZResolution No. 2003-357 Page 2 HI Ft Cri Orr' *6pital Projects 17, 967, 050 17,967, 050 Total Government h '_IACtivities Expenditures 89, 101,708 3,439, 945 92,541, 653 Is! CBdsiness E- Type/Enterprises 11, 968, 651 1,825, 000 13,793, 651 Total Coy Activities & 0 € usiness Expenditures 101, 070, 359 5,264, 945 106,335,304 f -Tansfers Out 6,471,462 2, 079,734 8,551,196 F- Total Expenditures/Transfers Out 107,541, 821 7,344, 679 114,886, 500 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 378,113 -976,417 -598,304 Beginning Fund Balance July 1 68, 809,539 68, 809,539 Ending Fund Balance June 30 69,187, 652 -976,417 68,211,235 Ayes : Kincaid, Welper, Greenwood, Clark, Jordan, Hurley. Absent: Getty. PASSED AND ADOPTED this 27th day of May, 2003 . John R. ooff, Mayor D ATTEST: Nancy Ecker , City Clerk