HomeMy WebLinkAbout~Master - Approving Proposed FY 2024/25 City Budget 4/23/24,9:00 AM Local Government Property Valuation System
FISCAL YEAR JULY 1,2024-JUNE 30,2025
ADOPTION OF BUDGET AND CERTIFICATION OF CITY TAXES
The City of: AMES County Name: STORY COUNTY
Adopted On:4/23/2024 Resolution:24-217
The below-signed certifies that the City Council,on the date stated above,lawfully approved the named resolution adopting a budget for next fiscal year,as
summarized on this and the supporting pages.
Attached is Long Term Debt Schedule Form 703 which lists any and all of the debt service obligations of the City.
With Gas&Electric I Without Gas&Electric
Regular LiL
3,564,175,150 2b 3,556,090,205 City Number:85-811
DEBT SERVICE 3,580,601,650 3b 3,572,516,705 Last Official Census:66,427
Ag Land 4,145,285
Consolidated General Fund Levy Calculation
CGFL Max Rate CGFL Max Dollars Non-TIF Taxable w/G&E Taxable Growth%
FY2024 Budget Data 634138 21,603,178 3,406,697,589 462
Limitation Percentage
2
CGFL Max Rate CGFL Max Dollars Revenue Growth%
Max Allowed CGFL for FY 2025 621704 22,158,619 2.57
TAXES LEVIED
Code EN TER FIRE (A) Request (B)
Sec. Dollar Limit Purpose DISTRICT with Utility Property (C) Rate
RATE BELOW Replacement Taxes Levied
384 1 6.21704 Consolidated General Fund 5 22,158,619 22,108,355 43 6.21704
Non-Voted Other Permissible Levies
384 12(1) 095000 Opr&Mamt publicly owned'Fransrt 7 2,124,525 2,119,714 45 0.59608
384.12(2)1 027000 Aviation Authority(under sec.330A.15) 11 01 49 0.00000
384.12(3) Amt Nee Liability,property&self insurance costs 14 0 52 000000
384.12(5) Amt Nec Support of a Local Emerg Mgmt Comm. 462 0 465 0 00000
Voted Other Permissible Levies
28E 22 1.50000 Unified Law Enforcement 24 0 62 0.00000
Total General Fund Regular Levies(5 thru 24) 25 24,283,144 24,228,069
384.1 3.00375 Ag Land 26 12,452 12,451 631 3.00375
Total General Fund Tax Levies(25+26) 27 24,295,596 24,240,520 Do Not
Add
Special Revenue Levies
3846 Amt Nee Police&Fire Retirement 29 0 0.00000
Amt Nee FICA&IPERS(it general fund at levy limit) 30 0 0.00000
Rules Amt Nee Other Employee Benefits 31 0 0,00000
Subtotal Employee Benefit Levy(29,30,31) 32 0 0 65 000000
Valuation
Without
386 As Req With Gas&Elec Gas&
Elec
SSMID 1 (A) 0 (B) 0 34 0 66 000000
SSMID 2 (A) 0 (B) 0 35 0 67 0,00000
SSMID 3 (A) 0 (B) 0 36 0 68 0.00000
SSMID 4 (A) 0 (B) 0 37 0 69 0.00000
SSMID 5 (A) 0 (B) 0 555 0 565 0.00000
SSMID 6 (A) 0 (B) 0 556 0 566 0.00000
SSMID 7 (A) 0 (B) 0 1177 0 1179 0.00000
SSMID 8 (A) 0 (B) 0 1185 0 1187 0,00000
Total Special Revenue Levies 39 0 0
384.4 Amt Ne• Debt Service Levy 76.10(6) 40 11,749,157 11,722,642 70 3.28134
384.7 0.67500 Capital Projects(Capital Improv.Reserve) 41 0 71 000000
Total Property Taxes(27+39+40+41) 42 36,044,753 35,963,162 72 10.09446
COUNTY AUDITOR-I certify the budget is in compliance with ALL the following:Budgets that DO NOT meet ALL the criteria below are not statutorily compliant
&must be returned to the city for correction.
z4
(City Representative) (Date► (County Auditor) (Date)
https://dom-localgov.iowa.gov/budget-renderer?id=18330 1/20