HomeMy WebLinkAbout~Master - Approving Adjusted FY 2023/24 City Budget CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION-FY 2024-AMENDMENT#2
To the Auditor of STORY County,Iowa:
The City Council of AMES in said County/Counties met on 04/23/2024 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.24-216
A RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 2024
(AS LAST CERTIFIED OR AMENDED ON 09/26/2023)
Be It Resolved by the Council of City of AMES
Section 1.Following notice published/posted 04/10/2024 and the public hearing held 04/23/2024 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
or Last Amended Amendment Current Amendment
Taxes Levied on Property 1 34,748,203 0 34,748.203
Less:Uncollected Delinquent Taxes-Levy Year 2 0 0 0
Net Current Property Tax 3 34,748,203 0 34.748,203
Delinquent Property Tax Revenue 4 0 0 0
TIF Revenues 5 386,876 47,000 433,876
Other City Taxes 6 12,801,747 1,673,911 14,475658
Licenses&Permits 7 1,636,190 -92 215 1,543,975
Use of Money&Property 8 13,252,288 5,880 706 19,132 994
Intergovernmental 9 43,702,621 17 019,942 60,722.563
Charges for Service 10 333,854 261 7.403 389 341,257,650
Special Assessments 11 227,104 4,064 231,168
Miscellaneous 12 4,594 166 145,086 4,739 252
Other Financino Sources 13 18,903,897 24 783,773 43,687,670
Transfers In 141 1 8,049 564 9,111,531 27,161 095
Total Revenues&Other Sources 151 482,156,917 652977,187 548 134,104
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 22,907,096 -603,309 22,303,787
Public Works 17 8,499,371 -32,789 8,466,582
Health and Social Services 18 1,878 514 -7,560 1,870,954
Culture and Recreation 19 10 724,481 295.472 11 019.953
Community and Economic Development 201 5,044,689 3.938.572 8,983,261
General Government 21 4,653,928 -93,045 4,560,883
Debt Service 22 12,979.018 441 12,979,459
Capital Projects 23 73,556,416 -507.562 73,048 854
Total Government Activities Expenditures 24 140,243,513 2,990,220 143,233,733
Business Type/Enterprise 25 428,110,130 -5.317.201 422,792,929
Total Gov Activities&Business Expenditures 261 568,353,643 -2 326.981 566,026,662
Transfers Out 27 18 049,564 9,111.531 27,161,095
Total Expend itu res/Transfers Out 28 586 403,207 6,784,550 593,187,757
Excess Revenues&Other Sources Over 29 -104,246,290 59,192,637 -45,053,653
Under Expend itures/Transfers Out
Beginning Fund Balance July 1,2023 30 910,668,885 69,598,2981 980 267.183
Ending Fund Balance June 30,2024 31 806,422,5951 128,790,9351 935 213.530
ExpMpation of Changes:Changes to the FY 2023/24 budget reflect updated revenue and operating expenditure projections,as well as revised cost
prAeglios for ca ital r ects,including updated grant and other project funding.
04/23/2024 ,
City Jerk/Administrator Signature of Certification Adopted On Mayor Signature of Certification
04/23/2024 09:01 AM Paoe 1 of 1