G-1, I-1 - Resolution 2024-022 Annual Budget FY 2024-2025

FISCAL YEAR JULY 1, 2024 - JUNE 30, 2025 ADOPTION OF BUDGET AND CERTIFICATION OF CITY TAXES The City of : TIFFIN County Name: JOHNSON COUNTY Adopted On: (entered upon adoption) Resolution: (entered upon adoption) 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. <table> <tr> <th></th> <th>With Gas & Electric</th> <th>Without Gas & Electric</th> <th colspan="2">City Number: 52-490<br>Last Official Census: 4,512</th> </tr> <tr> <td>Regular</td> <td>2a 310,391,465</td> <td>2b 303,168,720</td> <td colspan="2"></td> </tr> <tr> <td>DEBT SERVICE</td> <td>3a 589,073,795</td> <td>3b 381,851,050</td> <td colspan="2"></td> </tr> <tr> <td>Ag Land</td> <td>4a 525,168</td> <td></td> <td colspan="2"></td> </tr> </table> Consolidated General Fund Levy Calculation <table> <tr> <th></th> <th>CGFL Max Rate</th> <th>CGFL Max Dollars</th> <th>Non-TIF Taxable w/ G&E</th> <th>Taxable Growth %</th> </tr> <tr> <td>FY 2024 Budget Data</td> <td>8.37000</td> <td>2,254,921</td> <td>269,405,228</td> <td>15.21</td> </tr> <tr> <td>Limitation Percentage</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td></td> <td>3</td> <td></td> <td></td> <td></td> </tr> <tr> <th></th> <th>CGFL Max Rate</th> <th>CGFL Max Dollars</th> <th>Revenue Growth %</th> <th></th> </tr> <tr> <td>Max Allowed CGFL for FY 2025</td> <td>8.12621</td> <td>2,522,306</td> <td>11.86</td> <td></td> </tr> </table> TAXES LEVIED <table> <tr> <th>Code Sec.</th> <th>Dollar Limit</th> <th>Purpose</th> <th>ENTER FIRE DISTRICT RATE BELOW</th> <th>(A) Request with Utility Replacement</th> <th>(B) Property Taxes Levied</th> <th>(C) Rate</th> </tr> <tr> <td>384.1</td> <td>8.12621</td> <td>Consolidated General Fund</td> <td>5</td> <td>2,522,306</td> <td>2,463,613</td> <td>43 8.12621</td> </tr> <tr> <td colspan="7"><b>Non-Voted Other Permissible Levies</b></td> </tr> <tr> <td>384.12(1)</td> <td>0.95000</td> <td>Opr & Maint publicly owned Transit</td> <td>7</td> <td></td> <td>0</td> <td>45 0.00000</td> </tr> <tr> <td>384.12(2)</td> <td>0.27000</td> <td>Aviation Authority (under sec. 330A.15)</td> <td>11</td> <td></td> <td>0</td> <td>49 0.00000</td> </tr> <tr> <td>384.12(3)</td> <td>Amt Nec</td> <td>Liability, property & self insurance costs</td> <td>14</td> <td>109,800</td> <td>107,246</td> <td>52 0.35375</td> </tr> <tr> <td>384.12(5)</td> <td>Amt Nec</td> <td>Support of a Local Emerg Mgmt Comm.</td> <td>462</td> <td>2,256</td> <td>2,204</td> <td>465 0.00727</td> </tr> <tr> <td colspan="7"><b>Voted Other Permissible Levies</b></td> </tr> <tr> <td>28E.22</td> <td>1.50000</td> <td>Unified Law Enforcement</td> <td>24</td> <td></td> <td>0</td> <td>62 0.00000</td> </tr> <tr> <td colspan="7"><b>Total General Fund Regular Levies (5 thru 24)</b></td> </tr> <tr> <td>384.1</td> <td>3.00375</td> <td>Ag Land</td> <td>26</td> <td>1,578</td> <td>1,577</td> <td>63 3.00375</td> </tr> <tr> <td colspan="7"><b>Total General Fund Tax Levies (25 + 26)</b></td> </tr> <tr> <td></td> <td></td> <td></td> <td>27</td> <td>2,635,940</td> <td>2,574,640</td> <td><b>Do Not Add</b></td> </tr> <tr> <td colspan="7"><b>Special Revenue Levies</b></td> </tr> <tr> <td>384.6</td> <td>Amt Nec</td> <td>Police & Fire Retirement</td> <td>29</td> <td></td> <td>0</td> <td>0.00000</td> </tr> <tr> <td></td> <td>Amt Nec</td> <td>FICA & IPERS (if general fund at levy limit)</td> <td>30</td> <td>107,482</td> <td>104,981</td> <td>0.34628</td> </tr> <tr> <td>Rules</td> <td>Amt Nec</td> <td>Other Employee Benefits</td> <td>31</td> <td>97,635</td> <td>95,362</td> <td>0.31455</td> </tr> <tr> <td colspan="7"><b>Subtotal Employee Benefit Levy (29,30,31)</b></td> </tr> <tr> <td></td> <td></td> <td></td> <td>32</td> <td>205,117</td> <td>200,343</td> <td>65 0.66083</td> </tr> <tr> <th colspan="7">Valuation</th> </tr> <tr> <th>386</th> <th>As Req</th> <th>With Gas & Elec</th> <th>Without Gas & Elec</th> <th></th> <th></th> <th></th> </tr> <tr> <td>SSMID 1</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>34</td> <td>0</td> <td>66 0.00000</td> </tr> <tr> <td>SSMID 2</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>35</td> <td>0</td> <td>67 0.00000</td> </tr> <tr> <td>SSMID 3</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>36</td> <td>0</td> <td>68 0.00000</td> </tr> <tr> <td>SSMID 4</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>37</td> <td>0</td> <td>69 0.00000</td> </tr> <tr> <td>SSMID 5</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>555</td> <td>0</td> <td>565 0.00000</td> </tr> <tr> <td>SSMID 6</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>556</td> <td>0</td> <td>566 0.00000</td> </tr> <tr> <td>SSMID 7</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>1177</td> <td>0</td> <td>1179 0.00000</td> </tr> <tr> <td>SSMID 8</td> <td>(A)</td> <td>0 (B)</td> <td>0</td> <td>1185</td> <td>0</td> <td>1187 0.00000</td> </tr> <tr> <td colspan="7"><b>Total Special Revenue Levies</b></td> </tr> <tr> <td>384.4</td> <td>Amt Nec</td> <td>Debt Service Levy 76.10(6)</td> <td>40</td> <td>1,035,129</td> <td>1,015,915</td> <td>70 2.66050</td> </tr> <tr> <td>384.7</td> <td>0.67500</td> <td>Capital Projects (Capital Improv. Reserve)</td> <td>41</td> <td></td> <td>0</td> <td>71 0.00000</td> </tr> <tr> <td colspan="7"><b>Total Property Taxes (27+39+40+41)</b></td> </tr> <tr> <td></td> <td></td> <td></td> <td>42</td> <td>3,876,186</td> <td>3,790,898</td> <td>72 11.80856</td> </tr> </table> 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.