HomeMy WebLinkAbout~Master - Setting Date of Final Hearing and Adoption of the Budget for FY 2020/21 RESOLUTION NO. 20-098
RESOLUTION SETTING DATE OF FINAL HEARING AND ADOPTION
OF THE BUDGET FOR FY 2020/21
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 Budget for FY 2020/21 may
now be set by the City Council; and,
WHEREAS,the public hearing on the Maximum Property Tax Levy has been held and the
Council has adopted same.
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 Budget for FY 2020/21 is
hereby approved.
ADOPTED THIS 25`h 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 25`' day of February, 2020.