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HomeMy WebLinkAbout2002-296-05.28.2002 This Resolution prepared by Nancy Eckert , City Clerk, 715 Mulberry Street , Waterloo, Iowa . RESOLUTION NO. 2002-296 RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 30 , 2002 . BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, as follows : Section 1 . Following notice published May 16 , 2002 , and the public hearing held May 28 , 2002 , 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 Amendment After Current Amended Amendment Revenues & Other Financing Sources Taxes Levied on Property $ 26, 384, 840.00 $ - $ 26,384, 840.00 Less: Uncollected Property Taxes-Levy YearNet Current Property Taxes $ 26,384, 840.00 $ - $ 26,384, 840.00 Delinquent Property Taxes - TIF Revenues $ 1,505, 000.00 $ 65, 350.00 $ 1, 570,350.00 Other City Taxes $ 9,570,002.00 $ 332,900.00 $ 9, 902,902.00 Licenses & Permits $ 966, 645.00 $ 42, 407.00 $ 1, 009, 052.00 Use of Money and Property $ 1, 965, 933.00 $ 158, 624.00 $ 2, 124,557.00 Intergovernmental $ 28, 426,299.00 $ 2,574, 030.00 $ 31, 000,329.00 Charges for Services $ 18,312,522.00 $ 255, 921.00 $ 18,568,443.00 Special Assessments $ 74, 588.00 $ 71, 924.00 $ 146, 512.00 Miscellaneous $ 921, 509.00 $ 318, 044.00 $ 1,239,553.00 Other Financing Sources $ 15,796, 543.00 $ 5, 759,500.00 $ 21,556, 043.00 Total Revenues and Other Sources $ 103,923, 881.00 $ 9,578,700.00 $113,502,581.00 Expenditures & Other Financing Uses Community Protection (police, fire, street lighting, etc) $ 18,574, 174.00 $ 1, 361, 975.00 $ 19, 936, 149.00 Human Development (health, library, recreation, etc) $ 7, 608, 127.00 $ 1,272,707.00 $ 8, 880, 834.00 Home & Community Environment (garbage, streets, utils, etc) $ 53,055,352.00 $ - $ 53, 055,352.00 lutioo No , 2002-296 Oage co ' c� ' y & Administration � mayor, council, clerk, C) Uegal, etc) $ 18, 600, 956.00 $ I0,2I3,795,00 � 28, 814, 75I.00 -�o�-�rogzam c/ � � ` ' Total Expenditures $ 97, 838, 609'00 $ I2, 848, 477,00 $1I0, 687, 086'00 �» .- o ��oso: cz �` c^ [� Debt Service $ 14, 722,369.00 $ 9,682, 543.0O $ 24,3O4, 9I2,U0 c� �t',i�al �zojecto $ 18,954,229,00 $ I,420,579,00 $ 20,374,8O8.00 Not Operating ,,Expenditures $ 64, I62, 0I1.00 $ I, 845,355'00 $ 66, 007,366'00 L � ��aua�er� Out $ 5/796,543,00 $ - $ 5,796,543.00 c` Tot Expenditures/Transfers ' out $ I03, 635, 152.00 $ I2, 848, 477,00 $1I6,482, 629'00 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out $ 288, 729,00 $ (3,269, 777.00) $ (2, 981, 048,00) Beginning Fund Balance July l $ 58,474,403,00 $ - $ 58,474,403.00 Ending Fund Balance June 30 $ 58, 763, I32.00 $ (3,269,777,00) $ 55,493,365.00 Ayes : Berry, YVelper, Greenwood, Clark, Jordan, Hurley, Getty. PASSED AND ADOPTED this 38t» day of May. 2002 . WIV.-K Joh R. Rooff , Mayo ATTEST: - City Clerk