HomeMy WebLinkAbout~Master - Final Amendment to Fiscal Year 2022/23 Adjusted Budget CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION-FY 2023-AMENDMENT#2
To the Auditor of STORY County, Iowa:
The City Council of AMES in said County/Counties met on 05/23/2023 06:00 PM,at the place and hour set in the notice,a copy of which accompanies this
certificate and is certified as to publication.Upon taking up the proposed amendment,it was considered and taxpayers were heard for and against the
amendment.
The Council,after hearing all taxpayers wishing to be heard and considering the statements made by them,gave final consideration to the proposed
amendment(s)to the budget and modifications proposed at the hearing,if any.Thereupon,the following resolution was introduced.
RESOLUTION No.23-247
A RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 2023
(AS LAST CERTIFIED OR AMENDED ON 09/27/2022)
Be it Resolved by the Council of City of AMES
Section 1.Following notice published/posted 05/10/2023 and the public hearing held 05/23/2023 06:00 PM the current budget(as previously amended)is
amended as set out herein and in the detail by fund type and activity that supports this resolution which was considered at the hearing:
Total Budget Current Total Budget After
REVENUES&OTHER FINANCING SOURCES as Certified Amendment Current Amendment
or Last Amended
Taxes Levied on Property 1 33,537,181 -11,049 33,526,132
Less:Uncollected Delinquent Taxes-Levy Year 2 0 0 0
Net Current Property Tax 3 33,537,181 -11,049 33,526,132
Delinquent Property Tax Revenue 4 0 0 0
TIF Revenues 5 1,331,440 5,000 1,336,440
Other City Taxes 6 11,901,183 1,314,168 13,215,351
Licenses&Permits 7 1,681,190 -45,000 1,636,190
Use of Money&Property 8 21,748,881 -1,447,492 20,301,389
Intergovernmental 91 33,707,771 25,964,289 59,672,060
Charges for Service 10 323,729,280 12,413,871 336,143,151
Special Assessments 11 236,763 0 236,763
Miscellaneous 12 8,511,828 -3,520,795 4,991,033
Other Financing Sources 13 30,690,410 16,519,943 47,210,353
Transfers In 14 17,155,860 4,178,404 21,334,264
Total Revenues&Other Sources 15 484,231,787 55,371,339 539,603,126
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 21,929,174 -456,315 21,472,859
Public Works 17 8,140,600 52,340 8,192,940
Health and Social Services 18 1,772,704 1,994 1,774,698
Culture and Recreation 19 10,155,576 -86,155 10,069,421
Community and Economic Development 20 4,513,702 5,186,064 9,699,766
General Government 21 4,827,985 -419,337 4,408,648
Debt Service 22 12,334,750 23,572 12,358,322
Capital Projects 23 84,150,873 -11,531,985 72,618,888
Total Government Activities Expenditures 24 147,825,364 -7,229,822 140,595,542
Business Type/Enterprise 25 402,394,130 2,711,619 405,105,749
Total Gov Activities&Business Expenditures 26 550,219,494 -4,518,203 545,701,291
Transfers Out 27 17,155,860 4,178,404 21,334,264
Total Expenditures/Transfers Out 28 567,375,354 -339,799 567,035,555
Excess Revenues&Other Sources Over 29 -83,143,567 55,711,138 -27,432,429
Under Expenditures/Transfers Out
Beginning Fund Balance July 1,2022 1 301 912,389,570 01 912,389,570
Ending Fund Balance June 30,2023 1 311 829,246,0031 55,711,1381 884,957,141
Explanation of Changes:Changes to the FY 2022/23 budget reflect updated revenue and operating expenditure projections,as well as revised costs for
capital projects and updated grant and other project funding.
05/23/2023
City Clerk/Administrator Signature of Certification Adopted On Mayor Signature of Certification
05/24/2023 08:24 AM Paae 1 of 1