HomeMy Public PortalAboutResolutions-2015-088RESOLUTION NO. 2015-088
RESOLUTION APPROVING THE CITY OF TIFFIN BUDGET AMENDMENT
FOR FISCAL YEAR 2014 -2015
WHEREAS, the City of Tiffin, Iowa is responsible to approve and certify an annual
operating budget, and
WHEREAS, the City Council of the City of Tiffin, Iowa is required to stay with the
budgetary requirements set forth by the Department of Management with the State of
Iowa, and
WHEREAS, the City Council of the City of Tiffin, Iowa hereby acknowledged the
necessity for a budget amendment to stay within the State's requirements, and
WHEREAS, the City Council of the City of Tiffin hereby acknowledges the attached
Budget Amendment Sheet to be accurate and final,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF TIFFIN, IOWA, that effective upon receipt of this resolution by the State of Iowa
Department of Management and the Johnson County Auditor, that the fiscal year 2014-
2015 budget amendment for the City of Tiffin be approved.
RESOLVED this 291h day of June, 2015.
May
ATTEST:
Cit erk
52 -490
CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION
To the Auditor of JOHNSON
County, Iowa:
The City Council of Tiffin in said County /Counties met on June 29, 2015
,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. 2015 -088
A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE 30 2015
(AS AMENDED LAST ON )
Be it Resolved by the Council of the City of Tiffin
Section 1. Following notice published June 20, 2015
and the public hearing held, June 29, 2015 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 that hearing:
P this 29 day of June 2015
(Day) (M -WY-r)
Signature Signature
Clerk Finance Officer Mayor
Total Budget
as certified
or last amended
Current
Amendment
Total Budget
after Current
Amendment
Revenues &Other Financing Sources
787,388
0
787,388
Taxes Levied on Property 1
Less: Uncollected Property Taxes -Levy Year 2
0
0
0
Net Current Property Taxes 3
787,388
0
787,388
Delinquent Property Taxes 4
0
0
0
TIF Revenues 5
780,000
0
780,000
Other City Taxes 6
66,618
0
66,618
Licenses & Permits 7
60,000
0
60,000
Use of Money and Property 8
17,000
0
17,000
Intergovernmental 9
669,833
0
669,833
Charges for Services 10
1,332,750
0
1, 332, 750
Special Assessments 11
0
0
0
Miscellaneous 12
0
0
0
Other Financing Sources 13
Total Revenues and Other Sources 14
2,000,000
5,713,589
0
0
2,000,000
5,713,589
Expenditures & Other Financing Uses
221,900
48,100
270,000
Public Safety 15
Public Works 16
270,000
0270,000
Health and Social Services 17
0
0
0
Culture and Recreation 18
217,500
0
217,500
Community and Economic Development 19
137,500
0
137,500
General Government 20
280,000
65,000
345,000
Debt Service 21
2,000,000
- 1,400,000
600,000
Capital Projects 22
0
2,250,000
2,250,000
Total Government Activities Expenditures 23
3,126,900
963,100
4,090,000
Business Type /Enterprises 24
1,102,950
1,297,050
2,400,000
Total Gov Activities & Business Expenditures 25
4,229,850
2,260,150
6,490,000
Transfers Out 26
0
0
0
Total Expenditures /Transfers Out 27
4,229,850
2,260,150
6,490,000
Excess Revenues & Other Sources Over
(Under) Expenditures /Transfers Out Fiscal Year 28
1,483,739
- 2,260,150
- 776,411
Beginning Fund Balance July 1 291
Ending Fund Balance June 30 30
1,524,330
3,008,069
0
- 2,260,150
1,524,330
747,919
P this 29 day of June 2015
(Day) (M -WY-r)
Signature Signature
Clerk Finance Officer Mayor