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HomeMy WebLinkAbout2009-10-20 Public hearing,~ NOTICE OF PUBLIC HEARING Notice is hereby given that the City Council of Iowa City will hold a public hearing on the 20tH day of October, 2009, at 7:00 p.m. in the Emma J. Harvat Hall of the Iowa City City Hall, 410 E. Washington Street, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk; at which hearing the Council will consider a Resolution Authorizing Conveyance of 983 Longfellow Place, also described as Unit 983 Longfellow Place of Lot 10, Longfellow Manor Condominiums, Iowa City, Iowa, to slow-income family. Copies of the proposed resolution are on file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above-mentioned time and place. MARIAN K. KARR, CITY CLERK 6 NOTICE OF PUBLIC HEARING AMENDMENT OF CURRENT CITY BUDGET Form 653.C1 The City Council of Iowa City in JOHNSON County, Iowa will meet at Emma Harvat Hall, City Hall at 7:00 on October 20, 2009 (hour) (Date) ,for the purpose of arnending the current budget of the city for the fscal year ending June 30, 2010 (year) by changing estimates of revenue and expenditure appropriations in the following programs for the reasons given. Additional detail is available at the city clerk's office showing revenues and expenditures by fund type and by activity. Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues 8 Other Financing Sources Taxes Levied on Property 1 45,393,198 0 45,393,198 Less: Uncollectted Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 45,393,198 0 45,393,198 Delinquent Property Taxes 4 0 5,000 5,000 TIF Revenues 5 2,838,990 0 2,838,990 Other City Taxes 6 1,587,855 7,925,610 9,513,465 Licenses & Permits 7 1,325,023 25,000 1,350,023 Use of Money and Property 8 3,164,429 119,121 3,283,550 Intergovernmental 9 24,410,487 135,110,306 159,520,793 Charges for Services 10 39,592,426 17,622 39,610,048 Special Assessments 11 0 0 0 Miscellaneous 12 5,755,801 1,953,826 7,709,627 Other Financing Sources 13 61,847,386 50,466,419 112,313,805 ota evenues an er ources Expenditures & Other Financing Uses Public Safety 15 19,270,356 392,490 19,662,88ti Public Works 16 13,297,427 282,119 13,579,546 Health and Social Services 17 0 0 0 Culture and Recreation 18 11,722,570 132,328 11,854,898 Community and Economic Development 19 5,500,025 27,568,693 33,068,718 General Government 20 8,328,312 -8,777 8,319,535 Debt Service 21 13,146,244 36,300 13,182,544 Capital Projects 22 20,590,114 76,445,295 97,035,409 o a overnmen c rvi ies xpen i ures Business Type /Enterprises 24 49,455,7 5 92,817,256 142,272,981 o a ov c rvties ustness xpen lures 141,310,813 197,665,704 338,976,517 Transfers Out 26 51,661,618 38,915,029 90,576,647 Total Expenditures/Transfers Out 27 192,972,431 236,580,733 429,553,164 Excess Revenues & Other Sources Over (Under)ExpenditureslTransfers Out for Fiscal Year 28 -7,056,836 -40,957,829 -48,014,665 Continuing Appropriation 29 0 N/A 0 Beginning Fund Balance July 1 30 104,882,717 0 104,882,717 Ending Fund Balance June 30 31 97,825,881 -40,957,829 56,868,052 Explanation of increases or decreases in revenue estimates, appropriations, or available cash Amend for continued appropriation of unexpended budget authority front FY2009 projects and/or operations; personnel expense for the Joint Emergency Communications Center; estimated sales tax revenue; fee increases and reduced appropriations as prioritized by City Council and the City Manager to balance the FY2010 budget; receipt and expenditure of flood recovery grants and programs; proceeds and debt service from Geneml Obligation and revenue bond refundings. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will be met from the increased non-property tax revenues and cash balances not budgeted or considered in this current budget. This will provide for a balanced budget. Marian K. Karr City Clerk