Details for CITY OF LeCLAIRE-legals - Ad from 2021-04-22

NOTICE OF PUBLIC HEARING - AMENDMENT OF CURRENT BUDGET LE CLAIRE Fiscal Year July 1, 2020 - June 30, 2021 The City of LE CLAIRE will conduct a public hearing for the purpose of amending the current budget for fiscal year ending June 30, 2021 Meeting Date/Time: 5/3/2021 06:00 PM Contact: CHRIS BALL CITY ADMINISTRATOR Phone: (563) 289-6004 Meeting Location: LECLAIRE CITY HALL - 325 WISCONSIN STREET - LECLAIRE There will be no increase in taxes. Any residents or taxpayers will be heard for or against the proposed amendment at the time and place specified above. A detailed statement of: additional receipts, cash balances on hand at the close of the preceding fiscal year, and proposed disbursements, both past and anticipated, will be available at the hearing. Total Budget as Certified or Last Amended REVENUES & OTHER FINANCING SOURCES Current Amendment Total Budget After Current Amendment Taxes Levied on Property 1 2,347,717 0 Less: Uncollected Delinquent Taxes - Levy Year 2 0 0 2,347,717 0 Net Current Property Tax 3 2,347,717 0 2,347,717 Delinquent Property Tax Revenue 4 0 0 0 TIF Revenues 5 3,514,604 0 3,514,604 970,050 Other City Taxes 6 970,050 0 Licenses & Permits 7 12,650 0 12,650 Use of Money and Property 8 161,598 0 161,598 Intergovernmental Charges for Service 9 725,965 0 725,965 10 1,365,042 0 1,365,042 Special Assessments 11 100 0 100 Miscellaneous 12 986,759 250,000 1,236,759 14,135,000 Other Financing Sources 13 14,135,000 0 Transfers In 14 2,708,949 0 2,708,949 Total Revenues and Other Sources 15 26,928,434 250,000 27,178,434 ExPENDITURES & OTHER FINANCING USES Public Safety 16 1,256,370 0 1,256,370 Public Works 17 1,149,623 0 1,149,623 Health and Social Services 18 0 0 0 Culture and Recreation 19 440,130 0 440,130 1,799,938 Community and Economic Development 20 1,799,938 0 General Government 21 442,799 290,000 732,799 Debt Service 22 9,288,091 0 9,288,091 Capital Projects 23 5,923,384 0 5,923,384 Total Government Activities Expenditures 24 20,300,335 290,000 20,590,335 Business Type / Enterprises 25 401,173 0 401,173 Total Gov Activities & Business Expenditures 26 20,701,508 290,000 20,991,508 Transfers Out 27 2,708,949 0 2,708,949 Total Expenditures/Transfers Out 28 23,410,457 290,000 23,700,457 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 29 3,517,977 -40,000 3,477,977 Beginning Fund Balance July 1, 2020 30 20,348,042 0 20,348,042 Ending Fund Balance June 30, 2021 31 23,866,019 -40,000 23,826,019 Explanation of Changes: REVENUES: Recovered funds and cyber liability insurance settlement proceeds. EXPENSES: Personnel transition costs, collective bargaining negotiations consultant costs, and I.T. system cyber attack and theft.