HomeMy WebLinkAbout1990-490-08.20.1990 t3" tti
ni N RESOLUTION NO. 1990-490
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RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE
- 30, 1991.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, as
follows:
Section_.1. Following notice published August 3, 1990, and the public
hearing held rvAtgust 20, 1990, 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 OR CURRENT AFTER CURRENT
REVENUES AND OTHER FINANCING SOURCES LAST AMENDED AMENDMENT AMENDMENT
Taxes Levied on Property 22,331,662 0 22,331,622
TIF Revenues 900,000 0 900,000
Other City Taxes 350,000 0 350,000
Licenses- and Permits 363,135 0 363,135
Use of Money and Property 913,992 0 913,992
Intergovernmental 8,787,023 0 8,787,023
Charges for Services 7,630,200 0 7,630,200
Special Assessments 259,566 0 259,566
Miscellaneous 3,280,039 0 3,280,039
Sub-Total Revenues 44,815,577 0 44,815,577
Other Financing Sources:
Transfers In 7,737,901 0 7,737,901
Proceeds of Long Term Debt 8,000,000 0 8,000,000
Total Revenue:& Other Sources 60,553,478 0 60,553,478
COMMUNITY PROTECTION
Police, fire, street lighting, etc. 11,345,380 340,772 11,686,152
HUMAN DEVELOPMENT
Health, library, recreation, etc. 5,312,703 198,561 5,511,264
HOME AND COMMUNITY ENVIRONMENT
Garbage, streets, utilities, etc. 25,266,040 52,295 25,318,335
POLICY AND ADMINISTRATION
Mayor, council, clerk, legal, etc. 10,454,810 23,811 10,478,621
Total Expenditures 52,378,933 615,439 52,994,372
LESS:
Debt Service 9,079,280 0 9,079,280
Capital Projects 9,483,400 0 9,483,400
Net Operating Expenditures 33,816,253 615,439 34,431,692
Transfers Out 7,737,901 0 7,737,901
Total Expenditures/Transfers Out 60,116,834 615,439 60,732,273
Excess of Revenues and Other Sources
Over (Under) Exp./Transfers Out 436,644 (615,439) (178,795)
Beginning Fund Balance July 1 52,533,281 0 52,533,281
Ending Fund Balance June 30 52,969,925 (615,439) 52,354,486
Ayes: Dell, Buck, Fox, Angel, Budak, Wright and Brown
PASSED AND ADOPTED this 20th day of August, 1990.
Bernard L. McKinley, M or
ATTEST:
Larr P. rger, Cit lerk/Auditor