Details for CITY OF MUSCATINE- Legals account - Ad from 2018-05-17

NOTICE OF PUBLIC HEARING
AMENDMENT OF FY2017-2018 CITY BUDGET
Form 653.C1
The City Council of
will meet at
at

in MUSCATINE
City Hall Council Chambers
5:30 p.m.
on
5/31/2018

County, Iowa

Muscatine

(hour)
(Date)
,for the purpose of amending the current budget of the city for the fiscal year ending June 30,

2018

(year)
by changing estimates of revenue and expenditure appropriations in the following programs for the reasons
given. Additional detail is available at the city clerk's office showing revenues and expenditures by fund type
and by activity.
Total Budget
as certified
or last amended

Total Budget
after Current
Amendment

Current
Amendment

Revenues & Other Financing Sources
Taxes Levied on Property
Less: Uncollected Property Taxes-Levy Year
Net Current Property Taxes
Delinquent Property Taxes
TIF Revenues
Other City Taxes
Licenses & Permits
Use of Money and Property
Intergovernmental
Charges for Services
Special Assessments
Miscellaneous
Other Financing Sources
Tranfers In
Total Revenues and Other Sources

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

13,459,207
0
13,459,207
0
2,074,000
3,710,215
537,700
1,211,510
8,884,242
15,050,700
0
8,285,400
4,090,000
17,161,797
74,464,771

0
0
0
0
0
0
0
0
37,000
0
0
76,900
0
73,700
187,600

13,459,207
0
13,459,207
0
2,074,000
3,710,215
537,700
1,211,510
8,921,242
15,050,700
0
8,362,300
4,090,000
17,235,497
74,652,371

Expenditures & Other Financing Uses
Public Safety
Public Works
Health and Social Services
Culture and Recreation
Community and Economic Development
General Government
Debt Service
Capital Projects
Total Government Activities Expenditures

16
17
18
19
20
21
22
23
24

9,444,200
2,536,600
55,000
3,507,600
4,546,430
2,901,105
2,972,161
13,788,000
39,751,096

61,300
27,700
0
29,200
32,500
23,900
0
0
174,600

9,505,500
2,564,300
55,000
3,536,800
4,578,930
2,925,005
2,972,161
13,788,000
39,925,696

Business Type / Enterprises
Total Gov Activities & Business Expenditures

25
26

22,956,857
62,707,953

230,700
405,300

23,187,557
63,113,253

Transfers Out
Total Expenditures/Transfers Out
Excess Revenues & Other Sources Over
(Under) Expenditures/Transfers Out for Fiscal Year

27
28

17,161,797
79,869,750

73,700
479,000

17,235,497
80,348,750

29

-5,404,979

-291,400

-5,696,379

Beginning Fund Balance July 1
Ending Fund Balance June 30

30
31

36,438,541
31,033,562

0
-291,400

36,438,541
30,742,162

Explanation of increases or decreases in revenue estimates, appropriations, or available cash:
To appropriate additional revenues and available fund balances for increased expenditures. Increases in
expenditures include those for equipment repair and maintenance costs and $44,600 for purchases funded from
grants and donations. This notice is to re-set the public hearing originally set for May 17, 2018. The Muscatine
Journal/Quad City Times failed to publish the original notice in the required 10 to 20 days prior to the hearing as
required by State law, even though the City sent the notice to the Muscatine Journal in a timely manner.
There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in
expenditures set out above will be met from the increased non-property tax revenues and cash balances not
budgeted or considered in this current budget. This will provide for a balanced budget.

Gregg Mandsager
City Clerk/Finance Officer

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