HomeMy WebLinkAbout~Master - City Budget Amendment and Certification FY 2024/25 Amendment No. 1 CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION-FY 2025-AMENDMENT#1
To the Auditor of STORY County, Iowa:
The City Council of AMES in said County/Counties met on 09/24/2024 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.24-527
A RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 2025
(AS LAST CERTIFIED OR AMENDED ON 0 4/2 312 0 2 4)
Be it Resolved by the Council of City of AMES
Section 1.Following notice published/posted 09/11/2024 and the public hearing held 09/24/2024 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 35,963,162 0 35,963,162
Less. Uncollected Delinquent Taxes-Levy Year 2 0 0 0
Net Current Property Tax 3 35,963,162 0 35,963,162
Delinquent Property Tax Revenue 4 0 0 0
TIF Revenues 5 418,000 0 418,000
Other City Taxes 6 14.981,591 0 14,981,591
Licenses&Permits 7 1,612,051 0 1,612,051
Use of Money&Property 8 27,306,660 0 27,306,660
Intergovernmental 9 34,360,617 0 34,360,617
Charges for Service 10 354,398,828 0 354,398,828
Special Assessments 11 227,104 0 227,104
Miscellaneous 12 2,831,061 0 2,831,061
Other Financing Sources 13 44,899,000 0 44,899,000
Transfers In 14 17,577,843 0 17,577,843
Total Revenues&Other Sources 151 534,575,917 0 534,575,917
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 23,466,013 214,270 23,680,283
Public Works 17 8,682,215 298,649 8,980,864
Health and Social Services 18 1.972,516 0 1,972,516
Culture and Recreation 19 11.120,724 400,461 11,521,185
Community and Economic Development 20 5.343.010 1,122,172 6,465.182
General Government 211 4,002,688 581,993 4,584,681
Debt Service 22 13,427,853 0 13,427,853
Capital Projects 23 33,382,258 46,559,239 79,941,497
Total Government Activities Expenditures 24 101,397,277 49,176.784 150,574,061
Business Type/Enterprise 25 385,600,723 64,147,805 449,748,528
Total Gov Activities&Business Expenditures 26 486,998,000 113,324,589 600,322,589
Transfers Out 271 17,577,843 0 17,577,843
Total Expenditures/Transfers Out 28 504,575,843 113,324,589 617,900,432
Excess Revenues&Other Sources Over Under Expenditures/Transfers Out 29 30,000,074 113,324,589 83,324,515
Beginning Fund Balance July 1,2024 30 935,213,530 0 935,213,530
Ending Fund Balance June 30,2025 31 965,213,604 -113,324,589 851,889,015
ExplaAigM of Changes: Inc ases to the budget primarily include fiscal year 2024 carryovers. The majority of the carlyovers are dqjayed capital projects.
09/24/2024
City er Administrator Signature of Certification Adopted On Mayor Signature of Certification
09/24/2024 08:19 AM Paoe 1 of 1