HomeMy WebLinkAbout1999-347-05.24.1999 This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry
Street, Waterloo, Iowa.
RESOLUTION NO. 1999-347
RESOLUTION AMENDING THE CURRENT BUDGET FOR
THE FISCAL YEAR ENDING JUNE 30, 1999 .
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA, as follows :
Section 1 . Following notice published May 13, 1999, and the
public hearing held May 24, 1999, 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 Total Budget
as Certified Current after Current
or Last Amended Amendment Amendment
REVENUES & OTHER FINANCING SOURCES
Taxes Levied on Property $ 24,677,718 $ 24,677,718
Less: Uncollected Property Taxes-Levy
Year
Net Current Property Taxes 24,677,718 24,677,718
Deliquent Property Taxes 380,000 380,000
TIF Revenues 700,000 150,000 850,000
Other City Taxes 9,739,000 9,739,000
Licenses & Permits 759,322 250,000 1,009,322
Use of Money and Property 1,486,183 1,486,183
Intergovernmental 28,338,440 -6,000,000 22,338,440
Charges for Services 16,897,890 100,000 16,997,890
Special Assessments 152,426 152,426
Miscellaneous 3,913,751 1,000,000 4,913,751
Other Financing Sources 13,336,789 1,500,000 14,836,789
Total Revenues and Other Sources $ 100,001,519 $ -2,620,000 $ 97,381,519
Expenditures & Other Financing Uses
Community Protection
(police, fire, street lighting, etc.) $ 15,634,616 $ 1,250,000 $ 16,884,616
Human Development
(health, library, recreation, etc.) 7,605,032 250,000 7,855,032
Home & Community Environment
(garbage, streets, utilities, etc.) 57,202,008 -10,000,000 47,202,008
Policy & Administration
(mayor, council, clerk, legal, etc.) 12,316,721 4,800,000 17,116,721
Non-Program
Total Expenditures $ 92,758,377 $ -3,700,000 $ 89,058,377
Less
Debt Service $ 12,525,959 $ 12,525,959
Capital Projects 18,954,312 18,954,312
Net Operating Expenditures 61,278,106 -3,700,000 57,578,106
Transfers Out 4,986,789 4,986, 89
Total Expenditures/Transfers Out $97,745,166 $ -3,700,000 $ 94,045,166
Excess Revenues & Other Sources Over
(Under) Expenditures/Transfers Out 2,256,353 1,080,000 3,336,353
Beginning Fund Balance July 1 $ 24,353,239 $ 24,353,239
Ending Fund Balance June 30 $ 26,609,592 $ 1,080,000 $ 27,689,592
Ayes : Getty, Murphy, Krizek, Gronen, Anders . Absent :
Jordan and Collier.
PASSED AND ADOPTED this 24th day of May, 1999 .
John . Ro ff, ayor
ATTEST:
Nancy Ec t, City Clerk