HomeMy WebLinkAbout1990-315-05.21.1990 RESOLUTION NO. 1990-315
RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE
30, 1990.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, as
follows:
Section 1. Following notice published May 21, 1990, and the public hearing
held May 29, 1990, the current budget is amended as set out herein and in the
detail by fund and activity that supports this resolution which was considered at
that hearing.
As Certified
or Last Amount of Amended
RESOURCES: Amended Change To:
Taxes Levied on Property 22,173,889 -0- 22,173,889
TIF Revenues 850,000 100,000 950,000
Other City Taxes 320,000 30,000 350,000
Licenses and Permits 246,480 100,000 346,480
Use of Money and Property 793,541 3,920,000 4,713,541
Intergovernmental 7,283,840 8,000,000 15,283,840
Charges for Services 6,577,360 -0- 6,577,360
Special Assessments 304,863 100,000 404,863
Miscellaneous 3,127,476 2,200,000 5,327,476
Other Financing Sources:
Transfers In 4,403,354 10,000,000 14,403,354
Proceeds of Long Term Debt 6,200,000 695,000 6,895,000
Total Revenue and Other Sources 52,280,803 25,145,000 77,425,803
COMMUNITY PROTECTION
Police, fire, street lighting,
etc. 10,764,263 3,000,000 13,764,263
HUMAN DEVELOPMENT
Health, library, recreation, etc. 4,297,257 1,000,000 5,297,257
HOME AND COMMUNITY ENVIRONMENT
Garbage, streets, utilities, etc. 21,224,184 7,000,000 28,224,184
POLICE AND ADMINISTRATIONN
Mayor, council, clerk, legal, etc. 12,746,395 100,000 12,846,395
Transfers Out 4,403,354 10,000,000 14,403,354
Total Expenditures/Transfers Out 53,435,453 21,100,000 74,535,453
Excess of Revenues and Other
Sources Over (Under) Exp./
Transfers Out (1,154,650) 4,045,000 2,890,350
Beginning Fund Balance July 1 10,069,982 -0- 10,069,982
Ending Fund Balance June 30 8,915,332 4,045,000 12,960,332
Resolution No. 1990-315
Page 2
Ayes: Dell, Buck, Fox and Angel
Absent: Wright, Brown and Budak
PASSED AND ADOPTED this 29th day of May, 1990.
Bernard L. McKin ey, Mayor
ATTEST:
arry . ger, City erk/Auditor
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