HomeMy WebLinkAbout~Master - Setting date of Final Public Hearing on Adjusted Budget for FY2019/20 RESOLUTION NO. 20-097
RESOLUTION SETTING DATE OF FINAL PUBLIC HEARING ON ADJUSTED
BUDGET FOR FY 2019/20
FOR THE CITY OF AMES,IOWA
WHEREAS,during the 2019 Legislative Session,changes were made to the Iowa Code that
altered the process for adoption of annual budgets for cities; and,
WHEREAS, per Iowa Code Section 384.15A, cities must now hold a public hearing and
adopt a Maximum Property Tax Levy in any year that the City expects to adopt a budget that
includes a levy of property taxes(excluding debt service)exceeding 102 percent of the prior budget;
and,
WHEREAS, the final public hearing date for adoption of the Adjusted Budget for FY
2019/20 may now be set by the City Council.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the date of public hearing for March 10, 2020, for adoption of the Adjusted Budget for FY
2019/20 is hereby approved.
ADOPTED THIS 25t' day of February, 2020.
Diane R. Voss, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Junck
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 25t'day of February, 2020.