HomeMy WebLinkAbout~Master - Amendments to Fiscal Year 2020/21 Budget RESOLUTION NO. 21-023
RECORD OF HEARING AND ADOPTION OF BUDGET AMENDMENT
AMES
Fiscal Year Jul 1,2020-June 30.2021
AMES conducted a public hearing for the propose of amending the current budget for the fiscal year ending June 30.2021
Meeting Date: Meeting Time: I -Meeting Location:
3/9/2021 06:00 PM 515 Clark Avenue,Ames,IA
ZOOM Meeting Link:htt s:llzoom.usTj/826593023
The governing body of the AMES met with a quorum present and found that the notice of time and place of the hearing had been published as required by
law and that the affidavit of publication is on file with the county auditor.After hearing public comment the governing body took up the amendment to the
budget for final consideration and determined that said bud eted expenditures be amended as follows:
Total Budget Current Total Budget After
REVENUES&OTHER FINANCING SOURCES as Certified Amendment Current Amendment
or Last Amended
Taxes Levied on Property 1 31,743,937 0 31,743,937
Less:Uncollected Delinquent Taxes-Levy Year 21 0 0 0
Net Current Pro a Tax 3 31,743,937 0 31,743,937
Delinquent Property Tax Revenue 4 0 0 0
TIF Revenues 5 1,713,308 0 1,713,308
Other City Taxes 6 11,205,339 650912 11,856,251
Licenses&Permits 7 1,646,077 -62,362 1,583,715
Use of Money&Property 81 14,377,142 -3,937,819 10,439,323
Intergovernmental 9 1 35,097,915 25,553,464 60,651,379
Charges for Service 101 304,687,658 -22,027,765 282,659,892
Special Assessments ill 0 315,559 315,559
Miscellaneous 121 593,193 511,194 1,104.387
Other Financing Sources 13 25.638,650 20,733,691 46.372,341
Transfers In 14 17,104,285 3,958,575 21,062,860
Total Revenues&Other Sources 15 443 807,504 25,695,448 469,502,952
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 21,708,257 -1 450,534 20 257,723
Public Works 171 6,762,857 688.682 7,451,539
Health and Social Services 181 1.602,048 -304 1,601,744
Culture and Recreation 191 9,858,573 -726,821 9.131,752
Community and Economic Development 201 5,002,544 4,048.717 9,051,261
General Government 21 3,404,211 -239,705 3,164,506
Debt Service 22 12,519,230 8,813,335 21,332,565
Capital Projects 23 63,848,226 -1,498,046 62,350,180
Total Government Activities Expenditures 24 124,705,946 9,635,324 134,341,270
Business T e/Ente rise 25 367,406,842 -18,888,975 348,517,867
Total Gov Activities&Business Expenditures 261 492.112,788 -9,253,651 482.859,137
Tranfers Out 271 17,104,285 3,958,575 21,062,860
Total Expenditures/Transfers.Out 28 509,217.073 -5,295,076 503.921,997
Excess Revenues&Other Sources Over Under Ex endituresffransfers Out 29 65,409,569 30,990,524 -34,419,045
Beginning Fund Balance July 1,2020 30 744,281,241 65,811,116 810.092,357
Ending Fund Balance June 30,2021 31 678,871,6721 96,801,6401 775,673,312
Explanation of Changes:Increases and decreases in the FY 2020/21 adjusted budget were largely due to the effects of COVID 9.Other no I
adjustments,such as delayed projects and staff vacancies,are also included.
03/0912021
City Cler elft4klA tretsfi 1 Signature of Certification Adopted On Mayor Signature of Certification
03/10/2021 03:38 PM Paae 1 of 1