HomeMy Public PortalAboutORD 64_Annual Appropriations FY1997_08291996ORDINANCE NO. ( II
AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION ORDINANCE FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1996, APPROPRIATING THE SUM OF $305,654 TO DEFRAY
EXPENSE AND LIABILITIES OF THE CITY OF IONA FOR SAID FISCAL YEAR, AUTHORIZING A
LEVY OF A SUFFICIENT TAX UPON THE TAXABLE PROPERTY AND SPECIFYING THE
OBJECTS AND PURPOSE FOR WHICH SAID APPROPRIATION IS MADE.
BE IT ORDAINED by the Mayor and City Council of the City of Iona, Bonneville County, Idaho.
Section 1: That the sum of $305,654 be, and the same is appropriated to defray the necessary expenses
and liabilities of the City of Iona, Bonneville County, Idaho for the fiscal year beginning October 1, 1996.
Section 2: The objects and purposes for which such appropriation is made, and the amount of each object
and purpose is as follows:
ESTIMATED EXPENDITURES:
GENERAL FUND AND STREETS:
General Administration $ 85,258.00
Grants $ 20,000.00
Capital Outlay and Maintenance $ 26,950.00
Equipment Replacement $ 20,642.00
WATER FUND:
Administration $ 54,000.00
Capital Outlay and Maintenance $ 27,662.00
Bond and Interest Payment $ 32,000.00
RECREATION:
Administration $ 18,500.00
TOTAL EXPENSES: $ 305,654.00
Section 3: That a general tax levy on all taxable property within the City of Iona be levied in an amount
allowed by law for the general purposes for the said City, for the fiscal year beginning October 1, 1996.
Section 4: All ordinances and parts of ordinances in conflict with this ordinance are hereby repealed.
Section 5: This ordinance shall be in full force and effect from and after its passage, execution and
publication in the manner required by law.
PASSED BY THE COUNCIL AND APPROVED BY THE MAYOR THIS 29th DAY OF AUGUST, 1996
Karen Hansen, Mayor
STATE OF IDAHO )
ss
COUNTY OF BONNEVILLE )
I, Ronald H Nelson, City Clerk of the City of Iona, Idaho do hereby certify: That the above and
foregoing is a full and correct copy of the Ordinance entitled "AN ORDINANCE PROVIDING FOR THE
FISCAL PERIOD APPROPRIATION OF THE CITY OF IONA, IDAHO FOR THE PERIOD
COMMENCING OCTOBER 1, 1996 AND ENDING SEPTEMBER 30, 1997; APPROPRIATING AND
APPORTIONING THE MONEYS OF SAID CITY TO AND AMONG THE SEVERAL FUNDS OF THE
SAID CITY AND DESIGNATING THE PURPOSE FOR WHICH SAID MONEYS MAY BE
EXPENDED; SPECIFYING THE AMOUNT OF MONEY PAID BY PROPERTY TAX; PROVIDING
WHEN THE ORDINANCE SHALL BECOME EFFECTIVE:" passed by the City Council and Approved
by the Mayor this 29th day of August, 1996.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said City.
p'N0-164.6( {l� (Le -6,-s
ONALD H NELSON CITY
CL
ERK LERK
NOTICE OF PUBLIC HEARING
PROPOSED BUDGET FOR FISCAL YEAR 1996-1997
CITY OF IONA, IDAHO
Notice is hereby given that the City Council of the City of Iona, Idaho will hold a public hearing for consideration of
the proposed budget for the fiscal period October 1, 1996 - September 30, 1997 pursuant to the provisions of Section
50-1002, IC., said hearing to be held at City Hall, Iona, Idaho at 7:00 p.m., on August 29, 1996. At said hearing all
interested persons may appear and show cause, if any they have, why said proposed budget should not be adopted. The
proposed FY 96-76 budget is shown below as FY 96-97 proposed expenditures and revenues.
PROPOSED EXPENDITURES
FY 94-95 FY 95-96 FY 96-97
Actual Budget Proposed
Fund Name Expenditures Expenditures Expenditures
GENERAL $226,555 $169,221 $152,850
WATER 99,000 93,400 113,662
EQUIPMENT REPLACEMENT 15,642 21,642 20,642
RECREATION 6,650 8.850 18.500
TOTAL PROPOSED EXPENSE 347,847 293,113 305,654
PROPOSED REVENUES
FY 94-95 FY 95-96 FY 96-97
Actual Budget Proposed
Fund Name Revenues Revenues Revenues
REVENUE FROM TAX LEVY
GENERAL 19.500 18.996 20.301
TOTAL TAX LEVY 19,500 18,996 20,301
PAYMENTS FROM STATE 70,850 71,000 74,500
FRANCHISES 15,350 15,450 15,600
LICENSES 125 175 150
GRANTS 100,380 30,000 20,000
CASH CARRYOVER 13,000 10,000 9,300
GENERAL FUND (OTHER) 7,350 23,600 12,999
EQUIPMENT REPLACEMENT FD 15,642 21,642 20,642
WATER FUND 99,000 93,400 113,662
RECREATION FD 6.650 8.850 18.500
TOTAL REVENUES $347,847 $293,113 $305,654
I, Ronald H Nelson, City Clerk of the City of Iona, Idaho certify that the above is a true and correct statement of the
proposed expenditures by fund and the entire estimated revenues and other sources of the City of Iona, Idaho for the
fiscal year 1996-1997; all of which have been tentatively approved by the City Council on July 25, 1996 and entered
in length in the Journal of Proceedings.
Dated this 8th day of August, 1996.
Ronald H Nelson, ity Clerk
Pub. August 21 st and August 28th, 1996