HomeMy WebLinkAbout~Master - Final Amendment to Fiscal Year 2023/24 Adjusted Budget CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION-FY 2024-AMENDMENT#3
To the Auditor of STORY County, Iowa:
The City Council of AMES in said County/Counties met on 05/28/2024 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.24-308
A RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 2024
(AS LAST CERTIFIED OR AMENDED ON 04/23/2024)
Be it Resolved by the Council of City of AMES
Section 1.Following notice published/posted 05/15/2024 and the public hearing held 05/28/2024 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 5 433,876 0 433,876
Other City Taxes 6 14,475,658 0 14,475,658
Licenses&Permits 7 1,543.975 0 1,543,975
Use of Money&Property 8 19,132,994 96,624 19,229,618
Intergovernmental 9 60,722,563 -3,589,620 57,132,943
Charges for Service 10 341,257,650 133,291 341,390,941
Special Assessments 11 231,168 0 231,168
Miscellaneous 12 4,739,252 -103,980 4,635,272
Other Financing Sources 13 43,687,670 360,000 44,047,670
Transfers In 14 27,161,095 -3,638,000 23,523,095
Total Revenues&Other Sources 15 548,134,104 -6,741,685 541,392,419
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 22,303,787 106,303 22,410,090
Public Works 17 8,466,582 222,459 8,689,041
Health and Social Services 18 1,870,954 0 1,870,954
Culture and Recreation 19 11,019,953 -12,912 11,007,041
Community and Economic Development 20 8,983,261 1,504 8,984,765
General Government 211 4,560,883 -194,668 4,366,215
Debt Service 22 12,979,459 0 12,979,459
Capital Projects 23 73,048.854 276,780 73,325,634
Total Government Activities Expenditures 24 143,233,733 399,466 143,633,199
Business Type/Enterprise 25 422,792,929 -2,422,908 420,370,021
Total Gov Activities&Business Expenditures 26 566,026,662 -2,023,442 564,003,220
Transfers Out 27 27,161,095 -3,638,000 23,523,095
Total Expenditure s1T ran sfe rs Out 281 593,187,757 -5,661,442 587,526,315
Excess Revenues&Other Sources Over 29 45,053,653 1,080,243 46,133,896
Under Ex enditures/Transfers Out
Beginning Fund Balance July 1, 2023 30 980,267,183 0 980,267,183
Ending Fund Balance June 30,2024 311 935,213,530 -1,080,243 934,133,287
Expla ti of Changes:Th final amendments to the FY 2023/24 budget largely reflect decreases in grant funding and d creases in th cap�l pr is
relat h grant funding mall operational changes are also included.
05/28/2024
City Cle /Administra or Signature of Certification Adopted On Mayor Signature of Certification
05/28/2024 08:47 AM Paae 1 of 1