Resolutions-2019-030

DocuSign Envelope ID: 786D87ED- 6E5A- 4866- 9OE7- DEAOF7586C2A Form 631. 1 NOTICE OF PUBLIC HEARING BUDGET ESTIMATE FISCAL YEAR BEGINNING JULY 1, 2019- ENDING JUNE 30, 2020 City of Tiffin Iowa The City Council will conduct a public hearing on the proposed Budget at Tiffin City Hall on 3/ 5/ 2019 of 7: 00 p. m. The Budget Estimate Summary of proposed receipts and expenditures is shown below. Copies of the the detailed proposed Budget may be obtained or viewed at the offices of the Mayor, City Clerk, and at the Library. The estimated Total tax levy rate per$ 1000 valuation on regular property .., 11, 80689 The estimated tax levy rate per$ 1000 valuation on Agricultural land is ..,, 3. 00375 At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part of the proposed budget. 319- 545- 2572 Ashley Platz phone number City Clerk/ Finance Officer' s NAME Budget FY tRe- est. Actual: 2018( F a) C) eR. e & e Fnanci ources Taxes Levied on Property 1 1, 963, 176'.. 1, Uncollected Property Taxes- Levy Year 2 0 4 Met urren ropey Taxes Delinquent Property Taxes 00 TIF Revenues 5 1, 119451 1, 144, 254 878,.1331 Other City Taxes 6 72, 626 0 0 Licenses& Permits 7 401, 230 376, 064 332, 965'. Use of Money and Properly 8 48, 554 36, 637 70, 422'.. Intergovernmental 9 1„ 469, 739 1537, 587 2,.307 847 Charges for Services 10 2,.141 500 1, 588, 920 1, 553, 648 Special Assessments 11 or 0 0 Miscellaneous 12 100, 500 115, 250 78, 174 Other Financing Sources 13 7, 421, 700 4, 000, 000 8, 592, 283 Transfers In 14 1, 238950 1, 293, 220 1, 083, 248 m Total evenues and Other Sources Expenditures& Ot) leI FlnapgIO, p- Uses Public Safety 16 550, 902 373, 684 318, 613 Public Works 17 341, 173 323, 660 323, 009 Health and Social Services 18 0 0 0 Culture and Recreation 19 335, 364 273, 508 235, 184 Community and Economic Development 20 135,938 170, 511 112, 878 General Government 21 423, 585'. 375, 024' 380, 298 Debt Service 22 9, 387, 365 1, 375, 940' 1, 012, 253 Capital Projects 23 9, 120, 000, 5, 676, 000 3, 366, 353. Total Government Activities Expenditures 24 12„ 294, 327 8, 568, 327 5148, 588 Business Type/ Enterprises 25 3, 468, 221 5, 251, 712 3, 587, 446 Total xpen i ures IN 15, 797548 Transfers Out 27 1, 238, 9501 1, 293, 220 1, 083, 248 Total Expenditures/ Transfers Out 28 17, 001, 498 15, 113, 259 10, 419, 282. Excess Revenues& Other Sources Over Under) Expenditures/ Transfers Out Beginning Fund Balance July 1 30 6, 166, 950' 3, 508, 209 94674931 Ending Fund Balance June 30 31 5,.142, 878'. 6, 166, 950 9. 467..493