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HomeMy Public PortalAboutResolution 2020-29, Approving Certificaiton 2020-21 Annual Budget For Fiscal Year Ending June 30, 2021RESOLUTION 2020-29 A RESOLUTION APPROVING THE CERTIFICATION OF THE 2020-21 ANNUAL BUDGET FOR THE FISCAL YEAR ENDING JUNE 30, 2021 FOR THE CITY OF RIVERDALE, IOWA WHEREAS, The City of Riverdale has conducted public intake sessions with residents to determine what amenities and services they would like to see in the coming year, and; WHEREAS, the City has held a public hearing on the maximum amount of general fund taxes that can be levied, and; WHEREAS, the City Council of Riverdale set the maximum general fund levy for FY 2021 at an amount not to exceed $400,000, and; WHEREAS, the City has since published a draft of the proposed budget and circulated it at public meetings and via the City's website following the March 10, 2020 meeting of the City Council; WHEREAS, the City has also held a subsequent Q&A session with members of the community on March 22 and a public hearing on the FY 21 budget on March 24, 2020, and; WHEREAS, the City then sent an invitation to every resident in Riverdale with a copy of the budget cover sheet and instructions as to how they could review the budget and ask more questions by the close of business on Friday, April 10t, and; WHEREAS, those questions have since been entered into the record with answers provided by the mayor, and; WHEREAS, the State of Iowa has extended the deadline for filing and certifying the City of Riverdale's FY 2021 budget with the Auditor of Scott County to April 30, 2020. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RIVERDALE, IOWA. The 2020-2021 City Budget is hereby authorized and approved by the City Council and the City Clerk is directed to file all pertinent forms and information to the County Auditor and the Department of Management in the State of Iowa. Passed and approved this 14th day of April 2020. APPROVED Michael Bawden, Mayor ATTEST Mary ances Blevins, Clerk City of Riverdale, Iowa 110 Manor Drive, Riverdale, Iowa 52722 • (563) 355-2511 • www.riverdaleiowa.com Memorandum Date: March 10, 2020 To: City Council Members From: Mayor Mike Bawden Re: Notes on FY 21 City Budget A draft of the City's budget for the coming fiscal year is completed and ready for public review/comment. The budget projects General Levy revenues of $320,149 (compared to a projected $294,543 for FY2o). The maximum levy approved by the City Council in February was $400,000. The FY21 budget also projects Local Option Sales Tax revenues of $110,000 (the same as FY2o). Debt service payments on general obligation bonds are projected to fall slightly in FY21 as we wind up payments on the larger of the two bonds at the end of the fiscal year. As a result, considerable thought and planning needs to go into capital improvement project planning for the coming years in order to identify the amount of indebtedness the City should assume for upcoming projects. That is a discussion for a time after the budget for the coming year is approved. Some major projects are on the schedule for FY21 and they will be paid for, in large part, with surplus funds in the City's General Fund that are the result of previous Council's underspending — and, at times, not initiating projects on their plan even though tax proceeds had been collected for those purposes. Taxing the public and then failing to use the money as planned could become a significant issue if the City does not address the situation quickly. You'll also notice references throughout these notes of "Contingency Accounts" in many of these departmental budgets. There are four General Budget Contingency Accounts set up for a total of $31,000. These accounts hold money to be spent in those departments but must first receive Council approval. This means City Staff needs to obtain authorization to spend this money before acting. Authorization can be granted by Resolution of the Council. In order to help address any concern or confusion related to the City's plan for how these collected tax revenues and surplus funds should be spent in the coming year, I have provided this in-depth outline of what we intend to accomplish during FY21. These plans can change, of course, if the Council wishes to re -prioritize projects or replace proposed expenditures with others. FY21 Budget Review March 10, 2020 Page 2 A summary of proposed budget expenditures and the activities/projects they relate to follows: 1. Public Safety We've consolidated the building and vehicle maintenance lines into a shared "maintenance" line for the repair of existing equipment. That amount is now $20,000 for the fiscal year and will be spent at the request of the department and authorization of the mayor or administrator/clerk. Equipment or building maintenance purchases that push the budget beyond the $20,000 limit will need to be approved by the City Council. Major repair work that we need to do to the apron in front of the fire station and to the ventilation system will be special projects paid for out of the capital improvements account and general fund surplus as a capital improvement project. A significant increase in the department's budget comes on the insurance line. The FY2o budget was $28,00o which was down from previous years. Through the first nine months of the fiscal year, our insurance expenses are at $27,700. The FY21 budget has been increased to $35,000 which more accurately reflect our anticipated FY2o costs. The $4,000 line item for uniforms is in the FY21 budget again and can be spent at the department's discretion. It is generally understood that this money is to be spent for turn -out gear and not traditional uniforms/accessories. Other line items in the budget that are at or near to FY2o budget levels are: FY 20 FY 21 Worker's Compensation $ 4,500 $ 4,500 Fuel 2,000 1,000 RFD Appreciation 2,500 2,000 Equipment Purchases 3,000 2,300 The budget holds back approximately $8,000 as a contingency for unexpected costs. This money can be used by the department at its discretion pending prior approval by the City Council. An additional $9,00o has been budgeted in FY21 for flood -related expenses including planning costs and rental costs for dumpsters and pumps this spring. Of the $9,000, over half ($5k) has been set aside as a contingency amount to cover emergency costs like sandbags and equipment rental in the event of a significant flood event along Duck Creek. The installation of a new flood gage and the development of a flood response plan this year should help us better define expenses and preparation needs in future years. FY21 Budget Review March 10, 2020 Page 3 Finally, we have set aside $75o in the FY21 budget for animal control costs, most notably for coyote removal and deer hunting. This amount is in line with previous years' expenses. 2. Public Works Public Works expenses now more accurately reflect the amount of city staff time required to address public works matters (rather than having those expenses buried in the "General Government" expense line). Public Works, in general, pertains to the maintenance and upkeep of roads, sewers, grounds and utilities in the City of Riverdale. Building maintenance is covered under "General Government" and work on the City's parks and playgrounds is covered under "Culture and Recreation." That being said, 50% of cost associated with the City's maintenance personnel is allocated to "Public Works." Another big line item in this department is the cost of garbage/recycling collection. The City is slated for another 3% rise in rates and some new homes will be coming online in the Woods Estates of Riverdale neighborhood in FY21, so that budget has been increase from $45,00o to $48,000 (up 6.7%). The City is still working on a street sweeping arrangement with the City of Bettendorf but it now appears that may be some time off. As a result, it is necessary to increase the Street Cleaning budget from the original projection of $2,50o in FY21 to its FY2o level of $3,600. One area where Riverdale's partnership with Bettendorf is working is in the area of snow removal. The projected expense for snow removal this year — thanks to a light winter and advantageous contract with the City of Bettendorf for services — is about $9,00o versus the originally budgeted amount of $32,000 (a savings of $23,000). The budget for snow removal in FY21 is $15,000 (which assumes an average snowfall total for the coming season). Other Public Works areas, like street lighting and street maintenance, are budgeted to be the same as FY2o. Before any of this money is spent, however, City Staff will develop a written plan for replacement/improvements in each of these areas and present them to the City Council for comment prior to beginning work. The primary focus for street maintenance will be the replacement of stormwater intakes along State Street. Efforts will also continue to switch streetlights to more efficient LED in FY21. Major public works projects to be funded with excess funds in the General Fund Reserve include preliminary engineering work required to resolve drainage problems in the Manor/Circle Drive area ($15,000) and investigating the possible widening of Fenno Lane to allow for emergency FY21 Budget Review March 10, 2020 Page 4 vehicle access, if required ($15,000). 3. Culture and Recreation Culture and Recreation costs will rise significantly in FY21 over FY20 — primarily due to the re -allocation of staff costs. In fact, approximately $1.4,000 of staff costs will be allocated to these activities with a reciprocal reduction in expenses in General Government. In terms of activity costs, the City's landscaping plan adopted by the City Council will amount to $24,500 in budget expenditures versus just $6:500 in the FY2o budget. The other large budget item in this part of the budget is for mowing services — currently being bid out as part of a joint contract with Scott Community College. The budget estimate for these services is $15,000 (versus $16,50o for FY20). In order to ensure quality work by the mowing contractor, the City has budgeted some staff maintenance time to conduct regular reviews of the grounds covered in the mowing contract to monitor compliance. Special projects like installing traffic cameras on Kensington and new signage along the MRT to re -direct bicyclists to use the sidewalk north of State Street between the MRT and Duck Creek Bike Trail ($15,000) as well as installing public access Wi-Fi at Volunteer Square Park are included in the action plan for the coming year. An additional $5,00o contingency reserve has been included in the budget to be used at the discretion of City Staff after receiving review and approval by the City Council. 4. Community and Economic Development FY 21 plans for Community and Economic Development activities includes the creation of a bike -friendly space on Bellingham Road ($3,00o budget) and the introduction of a facade improvement program to start dressing up the business fronts in Riverdale's small business district ($1o,o0o budget). Details of exactly what would be entailed with either project need to be worked out and presented to the City Council before the funds can be released. An additional $5,00o has been set aside in the budget to prepare documentation related to the submission of a RISE grant application to the State of Iowa to help with the future reconditioning of Bellingham Road (sometime in FY23 or FY24). Planning and Zoning -related costs have been budgeted at $2,50o for the coming fiscal year to reflect expected activity required around proposed commercial and residential development in the wake of the Ribbon -Cutting FY21 Budget Review March 10, 2020 Page 5 announcement for Woods Estates of Riverdale. Document preparation and some modest legal fees can be expected to prepare material for review by members of the P&Z Commission and City Council during FY 21. Additional funds from the General Funds Surplus account will be used to pay for creating new signage for the entrances to the City along State Street and Valley Drive ($40,000 budget). 5. General Government The one area of the City's budget that has undergone the most change from FY20 to FY21 is "General Government." While elected officials' salaries remain at the same level as previous years, the costs associated with full-time senior and junior staff positions at City Hall and the expansion of hours of operation (5, 8-hour days per week) result in additional expenses. Even with the re -allocation of staff salaries, benefits and related expenses between more departments, personnel costs in the "General Government" area rose slightly from a budgeted level of approximately $70,000 in FY 20 to $77,000 in FY 21. A significant cost increase in FY 21 versus FY 20 is the cost of accounting and bookkeeping. As approved by the City Council earlier this year, Riverdale will be working with an outside accounting firm at a cost of $30,00o per year. The benefits derived from this arrangement, however, will be seen in improved cost controls and financial reporting — allowing the City to better manage its finances and make every penny go further. One area of note related to this is the City's intention to establish a purchase order process for expenses greater than $20o so there is some documentation available to judge the efficacy of invoices for goods and services from suppliers. This process, although not fully implemented, has already resulted in the City receiving over $40o in invoice credits from one supplier who mistakenly billed the City at its open rate rather than the agreed -upon rate. Another significant drop in expenses in FY 21 from FY 20 is in the area of information technology/computer service. The City has traditionally budgeted around $10,000 - $15,000 for computer services in previous years. The City's major IT upgrade should be completed by the start of FY 21 and so, as a result, the budget for computer services has been reduced by half to $5,000. General repair and office supply costs have also been cut from $12,00o and $10,000, respectively, in FY 20 to $5,000 each for FY 21. Instead of renewing the repair budget from the previous year, the excess funds were moved to a "Contingency" fund that will require authorization of the City Council prior to use. FY21 Budget Review March 10, 2020 Page 6 Other line items in the budget that are at or near to FY2o budget levels are: FY20 FY21 Utilities $ 8,500 $ 10,000 Telephones 3,000 3,500 Insurance 12,000 12,000 Janitorial Services 4,600 5,000 Publishing 3,000 5,000 Postage 4,000 i,800 6. Sewer Fund and Rates One significant difference in the FY 21 budget versus the FY 20 budget is in the area of sewer costs. In Iowa, the Sewer Fund is a separate account from the City's General Fund and needs to operate with a surplus to cover any potential emergency repairs needed to address malfunctions of the sanitary sewer service in the City. This past year, Riverdale has joined with Davenport, Bettendorf and Panorama Park to own and operate the main sewer line and waste water treatment facility shared between the four cities. This agreement requires all of the cities to contribute (on a pro rata basis determined by each City's flow through the system) to the on -going operating costs and capital improvements of the system. Riverdale's share is about i% of the entire project's operating costs. While this may not sound like much, the City's current sewer rate structure — which was set up a long time ago — is deficient when it comes to generating enough revenue to cover the cost of operation (not to mention fund long-term improvements required by the Iowa Department of Natural Resources). In addition to the City's financial responsibilities as they relate to the 28E and its assets, the City also has to inspect and repair its sewers over the next 10 years to eliminate inflow and infiltration of stormwater and other material that causes problems with the waste water treatment process. The Sanitary Sewer Repair Project (Phase I) planned for this summer is the first step in accomplishing this. The complete inspection and repair of Riverdale's sewers — a project of possibly up to four phases in total — needs to be completed before the Administrative Order from the IDNR comes due or all of the cities will be forced to pay their share of a $70 Million penalty. The City Council and the City's Sewer/Utilities Commission will review the state of sanitary lines in heavily wooded areas to the northwest and eastern parts of the City later this year. Following that review, the City Council may elect to move ahead with repairing those lines later in FY 21. To do so, it will need to make an additional loan to the City's Sewer Fund — a transaction not currently included in the proposed budget. There is sufficient fund balance available to make this loan, should the Council deem such a move necessary and financially prudent. FY21 Budget Review March 10, 2020 Page 7 As a side note, repayment of loans made to the City's Sewer Fund have to be made from receipts collected from rate payers. Not all of the residents of Riverdale are on the sewer system, which is why the cost of work done to the City's sewers is included as an expense to the General Fund of the City (which derives its revenue from property tax payments and other taxes collected for the City). The bad news for Riverdale is that the City's sewer rates have been so low for so long that the sewer fund (our sewer savings account) doesn't have enough money in it to pay for these repairs. So rates not only have to raise high enough to pay for the on -going operation of the joint sewer line and waste water treatment plant and for the improvements needed at the plant, but the rates also have to be high enough to fund the inspection and improvements needed of the City's own sanitary sewers. The first phase project cost nearly $150,000 more than the funds available in the City's sewer fund. As a result, the City Council authorized a loan from the General Fund to the Sewer Fund (using surplus funds in the General Fund). But these funds, eventually, have to be paid back. Since the City's FY 21 budget needs to be submitted before the City can finalize what these rates will be, we are estimating rates to be 5x current levels and expenses to be 4x current operations. The additional funds generated will be used to re -pay a portion of the money loaned to the fund by the General Fund. Over time, the excess funds will be used to pay for inspections, engineering and construction costs associated with the rest of Riverdale's sewer lines and, eventually, to build a reserve amount to be held for emergency purposes in the event of a sewer line failure. While it's understandable an increase in sewer rates by a factor of five might be disconcerting to rate payers, it's important to note that Riverdale residents currently pay about 15% of what Bettendorf residents pay and about 10% of what Davenport residents pay. The increase currently projected would still mean Riverdale's sanitary sewer rates are the lowest of the three cities. 7. TIF Districts, Income, Expense Reimbursements, Financial Recording and Management The City's Tax Increment Finance Districts do not currently generate much, if any, revenue to the City. This will change over the next 12-24 months. So while there is not much TIF activity (either income or reimbursements) in the FY 21 budget, one of the special projects that will be paid for out of the General Fund Surplus is a complete re -building of how the City tracks and records its TIF transactions to allow for greater transparency and optimization. FY21 Budget Review March 10, 2020 Page 8 Proper TIF accounting is just one of several areas brought up year after year by the State of Iowa's auditors when reviewing Riverdale's financial records. Our goal is to remove that item from the Auditor's list in the review they conduct of our FY 21 year-end report. 8. Capital/Special Projects and General Fund Surplus Utilization As mentioned throughout this memo, there are a number of capital -related and special projects included in this budget that are identified as items to be paid for with surplus funds from the General Fund. On an annual basis, there are a number of revenue streams that are intended to pay for capital purchases/projects, specifically: The Road Use Tax Fund (RUT): This is money from the State of Iowa from fuel surcharges that are intended to pay for road maintenance. In FY 20, the City budgeted revenues at $55,000. We are budgeting the same amount in FY 21. The Capital Improvements Levy: This is a tax paid by property owners at a rate of $0.675/thousand. This levy was passed by popular vote and, years ago, the City Council of Riverdale determined that half of the funds raised would go to pay for roads and the other half would be used for fire department equipment. On any given year, this levy generates around $45,000 in revenue to the City of Riverdale. Although no spreadsheet currently exists that tracks the exact amounts spent on the roads or fire department equipment with respect to this particular levy, the City has far exceeded the total amount collected on both streets and fire department equipment. General Obligation Bonds: Nearly 10 years ago, the City of Riverdale approved the sale of bonds ,to finance improvements to Manor and Circle Drives (and the underlying infrastructure). Those bonds will be paid off in the next 24 months. There are not any federal or state grants or special programs currently on the books with the City to pay for specific capital projects. By far, the largest pool of funds available to the City to pay for capital and special projects is the approximately $1.5 million of surplus funds in the City's General Fund. While having a fund surplus is, generally, a good thing; the sentiment of the Council is that the surplus doesn't need to be as high as it is. As a result, it has identified a number of projects that it wants to see accomplished in the near -term and have those project paid for out of the fund surplus. While these special projects and capital improvements are both funded from the General Fund surplus, only one -sixth of the money spent will go toward work that could be considered a long-term/capital improvement. The other 31418 FORT e>4.1 meal worn or ren.pemem The Clty of: Adoption of Budget and Certification of City Taxes FISCAL YEAR BEGINNING JULY 1, 2020 - ENDING JUNE 30, 2021 Riverdale County Name: 82-785 Resolution No.: scow Date Budget Adopted: ep•at lidos The brow-Ngned urak s that h Clly Canal, cog* dab sssd above Isrluly approved the woad raedu6m adopeng a budget tor nap least yer, u summarized on this and the wpporene pages. Altaclsd Is Lag Term Debi Stdedlta Form 703 wNeh 1111s any and WI or es Sodomise 4ce oblIga5ons d the Cly. County Auditor Date Stamp January 1, 2019 Property Valuations — With Gas & Electric Without Gas & Electric Regular 2. 72,463,558 m 66,667,885 DEBT SERVICE 3. 72,463,556 m 68,667�885 Ag Land 48 131,221 TAXES LEVIED (A) (9) Lan °Sidra Grua 405 (C) Code Dollar Request with Property Taxes Sec. • Ltlnit Purpwe • • ....•Replaument Levi.d Rats 3611 • e.10000 Regular General levy 6 ••• •.•• • 320,149 :. • • ....•:... • • • . • .'294,543 :.. • 43 • • • • • • • •..4.4.1807 (3/q Non -Voted Other r erm)ssible Levies ▪ .. ........ .::•::;...:.............• IA le a 0:. ;u0 _...__ _.._�..._ _— 12)10) 12(11) 12(12) 12(13) 12114) 12(15) 12(171 12(21) (UN 'IX 11 1n2) 12(3) 134) 12(5) 1u51 12(9) 12(16) 12(16) 12120) 26E.22 3641 394.6 3848 Rules 0.67503 035000 Am1 Hoc 0.13s0a 3Ae76O 0.27003 0.06750 Ama Nee Contract for use of Bridge Opr & Maint publicly owned Transit Rent, Ins. Maint of Civic Center Opr & Maint of Clty owned Civic Center Planning a Sanitary Disposal Project Aviation Authority (under sec.330A.15) Levee Impr. fund In special charter city Liability, property & self insurance costs AmINe4 Support of a Local Emerg,MgmtComm. Voted Other Permissible Levies 0,13503 Instrumental/Vocal Music Groups o11003 Memorial Building 0.13500 Symphony Orchestra a270ca Cultural & Scientific Facilities As Wad County Bridge 1351:00 Missi or Missouri River Bridge Const aoa37s Aid to a Transit Company 020s00 Maintain Institution received bygllt/devise 1.a0000 City Emergency Medical District a27000 Support Public Library ts00oo Unified Law Enforcement Total General Fund Regular Levies (5 thru 24) 1o0375 Ag Land Total General Fund Tax Levies (25 + 26) Special Revenue Levies 0.27000 Emergency (if general fund at levy limit) Arol Nee Police & Fire Retirement Amp Nee FICA & IPERS (If general fund at levy limit) Amu Neo Other Employee Benefits Total Employee Bene&t Levies (29,30,31) Sub Total Special Revenue Levies (28+32) Valuation 7e6 As Reg Wdh Gas & SecWithout Gas & Elea .. .. .............. ....... .....•, .................. • SSMID 1 w m 34 SSMID 2 as led SSMID 3 14) du SSMID 4 w .._._._ .__._ os SSMID 5 w so SSMID 8 w a) 7 10 • 0I.: 46 0 0 '; 46 0 0 •; 42 » 0 11 _... —.._ 0 , 49 13 . Q • 51 u 0 • 5z 462 — 0I.... . 4e5 0 0 0 0 t7 �' 0 to.... .. .......... '. m ..._ ....._ .. 0 0. 57 • 19 20 ._.. -- __ 0; 6e zt 0:.::.56 22 0 on 0 0 0 ael a1......_....»...._........_...... _... : 61 0 24 .... _...—.w................._..................... 0.•• YYl•.. YY45 ....Q. rs 320,149 294,543 2e 372.:•; 372 :• m 2.83491 27 .._ ......_._.. _ . 320,521::: _.._..294,915: -J. .....o.Not Add I 25 D :' eA 0 29 0 30 p:{ 31 32 c 0 0; 0 ' '..• 0 :.;.,, ,� 0 0: 0 3e4.4 3ee7 35 36 37 655 558 SSMID 7 (41m1 177 SSMID 8 p) (6) 0 : • 67 0 • ea Total Special Revenue Levies Amu Nee Debt Service Levy 76.10(6) 0.67500 Capital Projects (Capital Improv. Reserve) Total Property Taxes (27+39+40+41) ales 0 m 40 41 42 316,713 4o 44,728 41 681,962 42 291,382:: :713 4.37065 --� 41,151:: : 71 .____.___0.61725 627,448 _::::::: 72 9.40597 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. 1) Tie proscribed Nollced Pudic Hering tkdgel Estimate(Form 631.1) was twe611y puglahad, or pasted iappecrde Bled pros( was *Wdatced. 2) Bud9r having radices ware published or paled (dI®e elan 10 days, nor more that 20 days, pilot to the buil* bane. 3) *dapped papery tsar do nrol ewesd publishedor ported snarls. - 4) Adoplod espend6es 49 nd sold osbashed or polled amass in each or Me nine program wee., a in 7*. 6) Numb" des tuduecn seopeng er budget hos been Indud.dn agetapd Weloam. e) in. budge seuplo ms mew 0U9MRMeemsthed04 paper cagyrerpisd by Ieray )0He old.. 7) The long rim dad eche/hie (Form 7031 shoes or/5c)em pawned em0r 6 lopes the G.C. dnd cer(5ed q, the c51• WINS ol6te r Ca/ar MAW.) CITY NAME Riverdale NOTICE OF PUBLIC HEARING -PROPOSED PROPERTY TAX LEVY Fiscal Year July 1, 2020 - June 30, 2021 The City Council will conduct a public hearing on the r93cosed Fiscal Meeting Date: Meeting Time: Meeting Location: i -11 At the pubic hearing any resident or taxpayer may present objections to, or arguments in favor of the proposed tax levy. After adoption of the proposed tax levy, the Council will publish notice and hold a hearing on the proposed city budget CITY CODE 82-785 Iowa Department of Management Regular Taxable Valuation Tax Levies: Regular General Contract for Use of Bridge Opr & Maint Publicly Owned Transit Rent. Ins. Maint. Of Non -Owned Civ. Ctr. Opr & Maint of City -Owned Civic Center Planning a Sanitary Disposal Project Liability, Property & Self -Insurance Costs Support of Local Emer. Mgrnt. Commission Emergency Police & Fire Retirement FICA & IPERS Other Employee Benefits 1 2 3 4 5 8 7 8 9 10 11 12 13 Current Year Certified Property Tax 2019/2020 72 699 043 $0 .. $• 0 $0 Budget Year Effective Property Tax 2020/2021ft 72 483 556 $316,839 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Budget Year Proposed Maximum Property Tax 2020/2021 • Annual % CHG *Total 384.15A Maximum Tax Levy 14 Calculated 384.15A MaximumTax Rate 15 $318,839 $4.35823 $316,839 4.37239 $681,590 9.40596 115.12% Ex • lanation of s'• nificant increases In the bud. et: If a • icable the above notice also available online at 'Total clty tax rate mill also include voted general fund levy, debt service levy, and capital improvement reserve levy "Budget year effective property tax rale is the rate that would be assessed for these levies if the dollars requested is not changed In the coming budget year $8.10000 $0.00000 $0.00000 $0.00000 $0.00000 $0.00000 $0.43656 $0.00000 $0.00000 $0.00000 $0.52440 $0.345C0 'i�lQLf ` ali271ET ppe�..ry7, t li Lr`Irl,i, r' l'h!rusuamramur't'''°'YuLwK� i�4 p1LYl1u.mtmmlffin�ifl Commercial & Industrial Replacement Claim Estimation This sheet has been designed to allow each city to estimate the amount of property tax reimbursement that will be received from the State for each fund. 1 Taxable The City of Riverdale (A) Commercial - Non-T1F 2 1009E Assessed 1 (B) Commerical -TIF (C) Industrial - Non-TIF (D) Industrial -TIF 3 General Fund SO 4 Special Fund $0 5 Debt Fund SO 6 4 Capital Reserve Fund SO FILLS TO: REVENUES. LINE 18, COL (C) REVENUES, LINE 18, COL (D) REVENUES, LINE 18, COL (F) REVENUES, LINE 18, COL (G) REPLACEMENT PAYMENT PERCENTAGE Beginning in FY 2017-2018, the amount of commercial & Industrial replacement payments paid by the State of Iowa to local governments becomes limited by the total amount of payments made in FY 2016-2017. This limitation of total dollars avaiable for repayment of commercial 8 industrial replacement claims may cause all payments to local governments to be pro -rated. The amount of proratation necessary for the budget year will not be known unti August, but the dropdown below wil allow the estimated commercial & industrial replacement payments to be reduced by a selected proration percentage. To reduce that estimated amount of commercial & industrial replacement payment budgeted for the coming fiscal year, complete an esitmation of the replacement payment above. Once complete, select a proration percentage from the list below. The proration percentage wil 6m it the amount of estimated replacement payment budgeted. This will hopefuly prevent an over estination in the budget year revenues. ' Please input the amount of revenue being received from any grants or reimbursements from the State of Iowa, excluding the replacement amounts on lines 3 through 6 above. Separate the revenues by fund receiving the money. 'Other State Grants & Rermbu'awrwnts (A) General (B ) Special Revenue (C) TIF Sp. Revenue (D) Debt Service (E) Capital Proieets (F) Proprietary SSMID 1 1 Taxable Commercial & Industrial Replacement Claim Estimation For SSMIDs Riverdale The City of (A) Commercial - Re 9 (B) Industrial - Re 9 Replacement $ 2 Assessed $o SSMID 2 1 Taxable (A) Commercial - Re 9 (B) Industrial - Re 9 Replacement $ 2 Assessed $0 SSMID 3 (A) Commercial - Re 9 (B) Industrial - Re 9 1 Taxable Replacement $ ................... 2 Assessed $0 SSMID 4 1 Taxable (A) Commercial - Re 9 (B) Industrial - Re 9 Replacement $ 2 SSMID 5 Assessed (A) Commercial - Re 9 (B) Industrial - Re 9 $0 4 Replacement $ 1 Taxable ................... 2 Assessed_ $0 SSMID 6 1 Taxable (A) Commercial - Re 9 (B) Industrial - Re 9 Replacement $ 2 Assessed $0 SSMID T 1 Taxable (A) Commercial - Re 9 (B) Industrial - Re 9 Replacement $ 2 Assessed $0 SSMID 8 (A) Commercial - Re 9 (B) Industrial - Re 9 1 Taxable Replacement $ ................... 2 Assessed{:. $0 REPLACEMENT $ $0 I 1 Special Fund foes HAY Fund Balance Worksheet for City of Riverdale Dcpartweet of Manalpmeat (1) *Annual Report FY 2019 General (A) Special Rev (8) TIF Special Rev (C) Debt Sery (D) Capt Proj (E) Permanent (D) Total Government (H) Proprietary V Grand Total 1,2i1.!,i,DPIiii.iIEi, ''l:1::':*i:i*'' iii.E,...::: . ,, ; .:iiE:i.ii.t,:it: ___ 316,834'.&6&:.1 'I ii,E2 iE.i.:!E!:!i::::..T:iii:i:'-irli'liM-:-::':;i.-T.:,Eleit.:i:::::,:: :iii:?di 0 il 89--:72 2,18 iii•ili!iiiiiii.i:EiMii 59,473 Iiiiiiiii'iiiiiiiiiiiiiEig 0 'isiiiiiii'iiE,:,giliii 1,121,309 ::::::::::::•:•:::;:.:•:•:4-4.1.til:::::i:4.*Iii,, 'iii;!?1iM; 94,195 70,807 ...W. :I ..i4-0,046 1,192,116 . Bp,ginningIurtd Balalice Jy.l.y.1 __tep 5, iipei34L____ _ 1_,_ Actual RevenuesExcept Beg Sal (pe 5, line 132) * L 2 _ 545,814 -5-53,1 (Ti Actual Expenditures Ex_cipt End Bal (pg 9, !ins 136) J 3 451.979 8,006 54,025 315400 152,716 0 982,126 123 122 1 105,248 _ Ending Fund Balance June 30 (p9 9. iinei.m• 4 648,017 485,350 -139,231 40,779' 500,119 0 1,535,034 41,880 1,576,914 _ (2) ** Re -Estimated FY 2020 General Spec Rev 7 iF Special A Rev Debt Sery Capt Proj liNiiiiIitipi 500,119 . Permanent alliiMIERREiliiiiinilialpi;iiampigaiM.1gfpg; 0 Tot Govt 1,535,034 1::rcpefieta„ 41,880 Grand Total .'"-. '' 1 ,bfb,914 iiiIgn-j..li:iglitz. ti48 Oil ( :: '' ;i!:..,-. ....!:.:?,...._:;ii: 41db,1101.) !Oita:4:411p -1 J ,231 ffilil*NENH.." 46,1 I4 Beginning Fund Balance 5 Re -Est Revenues Re -Est Expenditures 6 7 455,586 584.050 55,000 0 0 0 339,904 3 i69-13 52,632 -6 0 0 903 122 9-00,9-63 123 000 0 1 026.122 900,968 Ending Fund Balance 8 519,553 540,350 -139,231 63,770 552,751 0 1,537,193 164,880 1.702,073 (3) Budoet FY 2021 General Spec Rev 1IF specie! Rev Debt Sery Capt Proj Permanent ;i•:4',i,::1,-;:::::•:... 0 Tot Govt ----:•.:•:•••••=z:".::::=3,4•-•.-;•:,-•14-e*:;•;-•:-:-*:::::::-.I.:::t - :-.2*'*::*:r.ENE 1,537,193 Proprietary :,-7.,•,:',WEEENTAizi 164,880 Grand Total l:l'if.:1:4:i:E.F.:i.11`.:4Pg.'. 1,702,073 :::..i**;:3:1,!*!*i:i:1: :.;.te,..-..:--:-.:-,.• t':•:i*.i:E*E:::.:1**::::::::::::::::::: ,•_:.•.1.....4...:...:::•.:....: 540,350 :::•::..:::•:::.:::.:3:•:::.:, -139,231 rth-:•:-::::.:4,::::-::::: ...::::::•:Q..-:::•:::.:::•::: 63,770 ::::.:::.::i:::.:::.:::. 552,751 Beginning Fund Balance 9 519,553 Revenues 10 457,032 55,000 180.000 321,713 44,728 0 1,058,473 625,000 1,683,473 Ending FundBalance 712 '--1e3-,808 --- ---&eo,iK - -- ----4677-66 .--- -68:676.---- 417:479 - -- ------6--- -1,271 ,oie 264,886 i ,535,958 • The figures In section (1) are taken from FORM F-66(IA-2) STATE OF. IOWA FINANCIAL REPORT FOR FISCAL. YEAR ENDED JUNE 30, "• The remaining two sections are filled in by the software once ALL worksheets are completed. 2019 Farm EMC CITY OF Riverdale As provided in Iowa Code Section 384.12, subsection 22, a city may levy the amount necessary in support of a local Emergency Management Commission. In addition to this individual levy, Emergency Management Commission support may also be included as part of the General Fund Levy. Iowa Code Section 29C.17, subsection 5 states that any support from cities or counties must be separately reported on tax statements issued by the county treasurer. Input the amount of General Fund Levy request to be used for Portion of General Fund Levy Used for Emerg. Mgmt. Comm. 2 Support of a Local Emerg.Mgmt.Comm. 3 TOTAL FOR FISCAL YEAR 2021 Request with Property Taxes Utility Replacement Levied (A) (B) 0 0 0 0 0 Form 631 E P1 CITY OF Riverdale RE -ESTIMATED EXPENDITURES SCHEDULE PAGE 1 RE -ESTIMATED Fiscal Year Ending 2020 Department o1 Management Fiscal Years GOVERNMENT ACTIVITIES (A) (B) GENERAL SCt SPECIAL REVENUE SDt TIF SPECIAL. REVENUES iEt DEBT SERVICE SFt -CAPITAL PROJECTS t9 PERMANENT kH%.. PROPRIETARY iR RE -ESTIMATED 2020 0_ ACTUAL 2019 PU SAFETY PUBLIC Police Department/Crime Prevention 1 . •.'.•.^. •............... _ ...... ...... .............::•:�:-:-:�:-;-:�:-:=:�•: . : - :: --- '' ''"' -:'-°'"=-' ... ... _ -:: =:; ::: :::::.::::::::.::::. . - - ..� -._ :: , ..:.....:.. - - - . - ...:.._... .. p . _ ..._.:.-----•- 0 Jail 2 0 0 Emergency Management _-- 3 Flood Control 4 0 0 —-- 0 0 Fire Department __- _—_ 5 Ambulance 6 Building ln pections 7 98,700 `.• i - 98,700 217,818 0_ -0 -0 Miscellaneous Protective Services 8 0 0 Animal Control 9 1,200 1,200 400 Other Public Safety -_—_ 1 U - __ _ _ __ ' 99,900 _--_. ___.._ 0 ' _ 0 0 105 TOTAL Ones?? - 10) 11 99 900 218,323 PUBLIC WORKS s Brid & Sidewalks1 Road es 2 �0 22 30 ._ ..- .._ — ,• 22,300 12.678 Parking; Meter and Off -Street 13 �� • 0 0 Street L- htin _ _ _ 14 Traffic Control and Safety 15 8,000 -9,500 _- 8,000 —9 500 8,040 6681 Snow Removal 16 46,600 : _ : , 46,600 24,935, Highway Engineering 17 0 0 StreetCleanin 18 Ai ort ff not Enter Ise 19 Garbs a (if not _ Enter fse 20 Other Public Works 21 3,600 _ 0 _ 45 00 24,600~ '' ''' '''=:' - --- -__ _- 3,600 1.657 _ 0 45 000 --- -u- - 24,600 0 ---- 49,930 5,544 TOTAL (lines 12-21) 22 159,600 0 0: 159,600 109!565 HEALTH &SOCIAL SERVICES Welfare Assistance 23 - 0 0 City Hospital _. --24 Payments to Private Hospitals 25 - ___ .__ __-.._•____ -- i.::::':::-::::-:.: -` ---- _-- : - _ : 0 0 0 0 Health Regulation and Inspection 26 _Water, Air and M_os uito Control 27 -Community Menta1Hea th-_ 28 X Other Health and Social Services 29 - - - - - ----- - : 0 - - ---•- -__ 0 -_ _--__---__ o 0 I0 _.--_----._._---,_ __ ____--_..,__-___ _- 0 I-0 TOTAL (lines 23 - 29) 30 0 D 0 0 0 CULTURE St RECREATION ION Library Services 31 15,600 15,600 15.526 Museum, Band and Theater 32 Parks --_ . _._._. __- 33 --._ 38,350�--- f:. - - :.- 0 0 38,350 31.094 Recreation �34 _Cemete _ _ _ _ _ _ _ _ _ 35 Communit Center_Zoo 8 Marina 36 Other Culture and Recreation _ 37 TOTAL (floes 31 - 37) 38 _�-_-- $. 61,950 __ __ .__ -__-- - 0 - : .. 8,000 8,668 -��- ------ - - -- p 0 ------- ----- - -- --- .--_______--_-. 0 -- - T 61,950 55,288 Farm 631 E P2 CITY OF Riverdale RE -ESTIMATED EXPENDITURES SCHEDULE PAGE 2 RE -ESTIMATED Fiscal Year Endi Departmentof Management GOVERNMENT ACTIVITIES CONT. (A) (B) GENERAL (C)_ SPECIAL REVENUES (D) TIF SPECIAL REVENUES (E) DEBT SERVICE (F) CAPITAL PROJECTS (G) - - PERMANENT (H) PROPRIETARY P) .. -- .--,� RE -ESTIMATED 2020 (J) ACTUAL 2019 (K) COMMUNITY & ECONOMIC DEVELOPMENT Communit Beautification -Economic Develo rnent 40•69 Housing and Urban Renewal 41 _ ::>; •.; .....: - _ - - :: ; -'- : _:::-: :•; :::•:::' :.......::: '•' ' ;`.; ----------- --'---"---' : ; - .... rr, .•. • • • • • oo 0 ---- — 0 _ • , • • .. • .. --------- _ -54.�25 --- - - 0 Planning & Zoning 42 Other Com & £con Development _-- ___ 43 _--_— 500 _^-- __—___—•_-- J 500 0 0 0 I TIF Rebates -- 44 TOTAL (lines 39 -44) 45 0 0' 0 0 6,500 0 6,500 54,594 GENERA ENT L GOVERNMENT MY°r-Council, & C_t .Mana er . 46 Clerk, Treasurer, & Finance Adm. 47 ..- Elections 48 Legal Services & CityAttom 49 City Hall & General Buildings 50 .v: 55 300 _ 74 900 . 4,D00 45,000 76,900 - - - - - - -- "• .• -' - - - -- _ __ - __... _ _.. _ - - •.�:: - -- - - "' _ - - - _-. _ __-- - ---- -- - - - - r 74,900-_ - - -_----_- 45,000 6,90076,160 - -- - - - = o - - - - - 220 -_-_-- 8,202 Tort Liability_ 51 Other General Government - - - ------ 52 - - — _ ._—.- — ----- D ----- -- _ — 0 _— -_,_ 98Government0 �105 TOTAL (lines 46 - 52) 53 256,100 0 0 256,100 217,556 DEBT SERVICE 54 316,913 • • , • : - 316,913 315,400 _____._._._.__ Gov Capital Protects -"_ - - - - - -55 TIF Ca_pitalProjects ss _-_._•- -_ ----"------------- - - _ -':: •_____ --•-----•_ _ _.--- ---— D .-•-_--11 _aD0 TOTAL CAPITAL PROJECTS 57 0 - :•:,-::•:•:::: _v:•:::•.::: 584,050 0 ; :•:::{ ::•::: 0 0 11,400 TOTAL Governmental Activities Expenditures (lines 11+22+30+38+44+52+63+54) 58 '- " 316,913 0 :.t_ 0 _ 900,963 982,126 BUSINESS TYPE ACTIVITIES Proprietary: ry: Enterprise r- se & Budgeted ISF " - � " - - - •...... ............. ::: }a } :.• • - - : • • - = = = = ' • 0 �' Water Uti(' Utility 59 SewerUtil Utility 60 0 80,663 Electric Util 61 GasUtiIiy 62 0 - 0 Ai 6 3 gn Landfill/Garbage 64 0 0 Transit 65 - - Cable TV Internet & T 1 hone se fib Housin-Authori tY 67 4 Storm Water -Utility_ -Other B u 'ness T st a cit - I F hog S arkin et - c. ( 69xp ems Enterprise Vl DEBT SERVICE C ------.-__ - - - ___-------.--________- _0 - -- - - 0 - 0 v r -----^ -- 0 - - Enterprise CAPITAL PROJECTS 71 0 'n 42.E ,9 Ente Enterprise TlF CAPITAL PROJECTS rP 72 0 0 TOTAL BUSINESS TYPE EXPENDITURES ENDITURES(lines 56 - 68)- 7 TOTAL ALL EXPENDITURES (lines58+74) 74 584,050 0 0 316,913 0 0 0 900,963 1,105,248 Regular Transfers Out 75 J.---:-:' : - _ _ ' ' 0 0 Internal TIF Loan Transfers Out 76 0 0 Total ALL Transfers Out 77 0 0 0 0 0 0 0 0 0 Total Expenditures and Other Fin Uses (lines 73+74) 78 584,050 - 0 0 316,913 0 0 t- 900,963 1,105,248 Ending Fund Balance June 30 79 519,5531 -.540,3501 -139,2311 63,770 552,751 0 164,880 1,702,073 1,576,914 THE USE OF THE CONTINUING APPROPRIATION IS VOLUNTARY. SUCH EXPENDITURES DO NOT REQUIRE AN AMENDMENT. HOWEVER THE ORIGINAL AMOUNT OF THE CAPITAL PROJECT MUST HAVE APPEARED ON A PREVIOUS YEAR'S BUDGET TO OBTAIN THE SPENDING AUTHORITY. THE CONTINUING APPROPRIATION CAN NOT BE FOR A YEAR PRIOR TO THE ACTUAL YEAR. CONTINUING APPROPRIATIONS END WITH THE ACTUAL YEAR SEE INSTRUCTIONS. Fa,a 431.0 CITY OF Riverdale RE -ESTIMATED REVENUES DETAIL RE -ESTIMATED Fiscal Y O¢pAM'ent of Management (A) (B) GENERAL (C) SPECIAL REVENUES (D) TIF SPECIAL REVENUES (E) DEBT SERVICE (F) CAPITAL PROJECTS (G) PERMANENT (N) PROPRIETARY (I) RE -ESTIMATED 2020 (J) ACTUAL 2019 (K REVENUES & OTHER FINANCING SOURCES Taxes Levied on Property 1 290,208• 289.903 44,890•• 625,001 908.146 Less: Uncollected Property Taxes -Levy Year 2 , 0 0 Net Current Property Taxes (line 1 minus line 2) 3 290,208 0 _ - - 289,903 44,890 ': - 625,001 908,146 Delinquent Property Taxes 4 •••,-•••••^•••• 0 0 TIF Revenues 5 :. :........... , ... •= :::...... _ 0 0 Other City Taxes: , , , _ , - •`• - 58,195 --••-------- -- - -- - - -- - 0 ---•----- --- - -- - -- - - - - UtilityTax Replacement p rent Excise Taxes 6 27,003 • 2701 4 182.; Utiltyfranrdse lax (Io3zl ° (Iowa Comp Ch ter354 7 Parimutuel wager tax - - g Gaming wager tax y Mobile Home Taxes 10 •:•:•:•:•:-:'.• � • . _ . .. ..... • . - .-__- - .-._...___-___-.... - - - -- Hotel/Motel Taxes 11 _ _ - 0 0 _ Other Local Gallon Taxes __ - - 12- Subtotal - Other City Taxes pees 6 thni 12) 13 __ 110,000 137,003 _______ 0 0 •: •: :: 27.010 4,182 :• 110,000 117.083 168,195 117,083 Licenses & Permits 14 390 _ . _ .. ^ ... _•_ ,•. •_` : 390 5:246 Use of Money & Property ?5 5,000 _ 5,000 40,264 Intergovernmental: Federal Grants &Reimbursements 16 Road Use Taxes - - 17, Other State Grants & Reimbursements ?8 •-----Gran Grants Reimbursements ants ---'---'•- -'--_.^---•-"----------..__.._ Lowl Grants & Re mbursements 19 _ :...... :•..: , 22,985 - _ -55,000 .�---• ;•.: _ _ .. .. . . .• . .•..... -•------- --•-' 0 .•...................... 22,991 -------- ---- 22,991 3,560 ----•---- 3,560 = •"•; :•:•,'•: :•: ; :.: • • - - - . _ • - ............ .-._---___""^'._�-'-.------------ 55,000 52.320 49.536 0 ---0 0 Subtotal - Intergovernmental (lines 16 thm 19)---20 22,985 55,000 •: . _ .. _ ... 0 104,536 52,320 Charges for Fees & Service: Water Utility •.:: ..- :.:{ ::. .:.. •-:, '•::•:::{tir:•::•: :•:• . y • :::: : .: ..... :::::: ..... : •': •'•'•:: •': • :. = ......... ...... - _ - - -._-- 0 :C{ ............ ..•..............^..,....... Sewer Utility 22 123,000 123,000 69.057 Electric Utility 23 0 0 Gas Utility 24 0 0, Parking 25 0 0 Airport 26 0 0 Landf9VGarbag a 27 r-' 0 t Hospital 28 0 0 Transit 29 0 0 Cable TV, Internet & Telekhone 30 0 0 Housing Authority 31 0 0 -Storm Water Utility --.--___._.-----^---- 32 0 0 Other Fees & Chaes for Service - _ 33 rg ---------- --------- 0 Subtotal - Charges for Service (lines 21 thru 33) 34 0 0 0 0 0 123,000 123,000 69,0570 Special Assessments 35 . • ••_ _ . _ _ .•_• 0 0 Miscellaneous 36 0 0 Other Financing Sources: -- Re ular Operatin Transfers In 37 Internal TIF Loan Transfers In 38 _._._._.-_.._..._..__._._..._.__ _-._____ - - - - -- Subtotal ALL Operating Transfers In 39 _ -._._-._.._ _ 0 '-1--• .__ _ -'-- - - 0 - --._-._ U -._.-.___-._.- _� - --- -- -- - -Q - - --- - --- 0 :Y: _ - -- - - - 0 0 0 - - - -'- - -0 Proceeds of Debt-..(fxdudi Ti ;Memel 13orrowiaL 40-_- _Proceeds of Capital Asset Sates--.____---__..-__.-41 Subtotal•Other Financing Sources pines 36 dm: 38) 42^ ----- - - - ---- - - - - 0 - - - - - - - - _ - - - 0 - - - - - - -_ -- -. _ - 0 _ _ _ _ _ _ - - -- -- o - -- - - - - _o - - - - - -- - �- -- --0 - - - - - - o 0 - _. - - - - 0 0 - - - -- Q -" - Total Revenues except for beginning fund balance lines 19,33, 34 ( 3, 4, 5, ?2, 13, 14, , 35, &39) 43 : •'r:: 455,58fi •_. =---•--•-: -•- - -55,000 -- - ....__..... 0 339.904 - 52,632 0 123,000 1,026,122 1,192,116 Beginning Fund Balance July 1 44 648,017 485 350 -139,231 40,779 500119 0 41,880 1,576,914 1.490,046 TOTAL REVENUES & BEGIN BALANCE (Hmn•0 45 , 1,103,603 540,350 -139.231 • 380,683 552,751_ •0_ 164,880 2,603,036 2,682,162 Fon 631 API CITY OF Riverdale EXPENDITURES SCHEDULE PAGE 1 • Departmental Management 2021 - - -- - --- •7 TIF riscai Tears GOVERNMENT ACTIVITIES SPECIAL SPECIAL DEBT CAPITAL BUDGET RE-EST1MATED ACTUAL GENERAL REVENUES REVENUES SERVICE PROJECTS PERMANENT PROPRIETARY 2021 2020 2019 (A) (B) _ C� D n r t�tt PUBLIC SAFETY ` t �. .. [EI. 'F) �G1. ("I 1 �. 7�� . ti 7. �L Po' Irce D e artme nUCd _ me Pre -.�. vention ---------------- ------------------------ - - - - - - • - - - - - - - - - - - - - - - - - - - - - - - - - --. - - - - - • Emergency Management 3 ---. - -- :,(- -� - - -- - 0 --------------- --Jai_ 0 Flood Control- ----- - - 4 0 0 0 0 1 Form 631 A P2 CITY OF Riverdale GOVERNMENT ACTIVITIES CONT. (A) Other Com & Econ Development COMMUNITY & ECONOMIC DEVELOPMENT Common-y_Beautirication 39 Economic Development - - 40 Housing and Urban Renewal ---'-"-4j "-` -- Planning & Zoning 42 TIF Rebates TOTAL (lines 39 - 44) GENERAL GOVERNMENT Mayor, Council, & City Manager Clerk, Treasurer & Finance Adm. _Elections _ Legal Services & City Attorney City Hall & General Buildings Tort Liability Other General Government TOTAL (lines 46 - 52) DEBT SERVICE TIF Capdaal Projects' -•-•----- TOTAL CAPITAL PROJECTS TOTAL Government Activities Expenditures (1ures 11+22+30+38+45+53+54+57) BUSINESS TYPE ACTIVITIES _Proprietar�r- Ente ise & Budgeted -Watertltilitx __ __ __ . 59 Sewer Utility - _ _ ' Electric Utility 1 Gas Utility_____.- ---..-.._ _62 Airport -.._-.---------.._._-.-----.--------------63 Landfill/Garbage -_-_.__-_-.-_-_-- 64 Transit Cable TV Internet & Tele hone - - Housing Authority _ 67 Storm Water Jttity -- -- - - - -� ----68 :•:•:v}:•:•:•:•:{•: Other Business Type (city hosp., ISF, parking, etc.) 69 :: }:•? = •; ;•; }}; Enterprise DEBT SERVICE 70 43 44 45 46 47 48 49 50 51 52 53 54 55 57 58 Enterprise CAPITAL PROJECTS Enterprise TIF CAPITAL PROJECTS TOTAL Business Type Expenditures (fines 59 - 73) 73�:-:•:-: TOTAL ALL EXPENDITURES (lines 58+74) 74 (B) Regular Transfers Out Internal TIF Loan / Repayment Transfers Out Total ALL Transfers Out Total Expenditures & Fund Transfers Outra+.rs pal 71 75 76 77 78 2,500 7,500 30,000 30,300 127,244 4,000 45,000 54,900 22.000 283,444 -6a7, 77 647,777 145,000 145,000 792.777 GENERAL (C) EXPENDITURES SCHEDULE PAGE 2 Fiscal Year Ending 2021 TIF SPECIAL REVENUES (E) 20 000 SPECIAL REVENUES (D) 35,000 35,000 35,000 0 0 0 0 DEBT SERVICE (F) 316,813 316,813 316,813 0 CAPITAL PROJECTS PERMANENT (G) (H) _180 , 90 - -- - 180,000 180,000 0 316813 180,000 Ending Fund Balance June 30 79 •••183 80• • 8 -••• 560,350 40,769 • Aocrbradnpappropriadan is the 68,670�••. ••417 479 •. P��d buageled amount fro n a prior years Capital project. The entry ,s made on the Con 0 Appmpe peps that mull accompany the budget toms If used. SEE INSTRUCTIONS FOR USE 0 PROPRIETARY (1) 525,000 525,000 525,000 Department of Manapornor,t Fiscal Years BUDGET RE -ESTIMATED ACTUAL 2021 2020 2019 (J) (fg (L) = 20,000- --- - - 6 000 = 569 0 0 •-- -- - 54.025 0 0 0 2,500 500 7,500 0 30,000 0 0 6,500 0 0 0 54,594 30,300 55,300 59,877 127,244 4,000 45,000 54,900 0 22,000 283,444 74 900 61224 4,000 0 45,000 8,202 76,900 0 0 256,100 76,160 11,988 105 217,556 316,813 316,913 315,400 --J80L00o .--------. Y.- 11,400 0 180,000 0 11,400 1,144,590 900,963 • _ _ •_ __ 525,000 . __ _ _ -- _ ^ - 80,663 0 ` - - .--_- 0� - _ _ _ p - - 0 _- --- - ---------- 0 0 0 0 0 0 525,000 1,669,590 0 0 525.000 264,880 180 000 180,000 1,849,590 1,535,956 0 0 0 0 0 900,963 0 0 42,459 0 123,122 1,105.248 0 0 0 0 900.963 1,105�248 1,702,073 1,576.914 --- 0 Form 63 I B (A) REVENUES & OTHER FINANCING SOURCES Taxes Levied on Property ___ Less: Uncollected Prs_perty Taxes - LeDi Year Net Current Property Taxes One 1 minus line 2) Delinquent Property Taxes TIF Revenues (B) 4 Other City Taxes: Utility Tax Replacement Excise Taxes Utility franchise tax Iowa Code Chapter 364.21 Parimutuel wager tax Gaming_wager tax _ 9 GENERAL (C) 294,915 294,915 25,606 5,000 CITY OF SPECIAL REVENUES (Di 0 _ TIF SPECIAL REVENUES ___,..- - - -,-.• .... . .. .......... ____ Hotel/Motel Taxes 11 ____ ......... _________ ..... _ _ ... - -- --------1":.:•:•.-:-.- . _ .......... . Other /ocal Opyon Taxes . . . - ,. . . . . . . . /2 -- 110000 •. . _ ..... Subtotar Other City Taxes (lines 6 thru 12) 13 140,606 • • - - • ..... • ...• •_... ........................ ............. , .......-......-.... ..............--' Licenses & Permits 25,331 14 500 Riverdale REVENUES DETAIL Fiscal Year Ending DEBT CAPITAL SERVICE PROJECTS PERMANENT 291,382 291,382_41.151 - 41,151 2021 25,331 3,577 (11) .. • axes 10 15 _ Road Use Taxes pther State Grants 8:TReimbursements _ 18 0 0• • - • • * • • • • • • - • •-•.-%%-•%'•-••••• Local Grants & Reimbursemenis 19 Subtotal - Intergovernmental (lines 16 thru 19) 20 20,511 5,000 Charges for Fees 8, Service: Water Utility Sewer Utility Use of Money & Property Intergovernmental: Federal Grants & Reimbursements 16 21 22 _Electric Utility__ 23 Gas Utility 24 Parking__ _________ ____ ____ _ 25 ___________________________ .:::.:..:-:-...•,...... • • •-• o fill _ H _ _ _ ___ 28 Transit 29 Housing Authork_ 31 Stonn Water May 32 .-...• ... Other Fees & Charges for Service 33 500 Subtotal - Charges for Service (lines 21 thru 33) 34 500 Special Assessments 55 000 Miscellaneous Other Financing Sources: .::::::::::::::::::::.:::: :::::•:::::::::-:-:•:•:.:.: .::::::.0 0 _ Reaular Operatigg_Transfers In______________ 37 . ____ _____ ...:.:.:._ _ •:-:::::::::::::•:-:-:-:•: '-:-:-:•:-:•:-.::::::ff.:,:-..-:•:-:-:-:-:•:-:•:•:•:.-:.-:...::-:•:::::::.:-:•:•:•:•:-:- .:-:-:-:•:•:•:•:-:-:•:•:-:-:- .-:-:•:•:.-:•:•:•:-::::::::::::• •:•:•:-:-:-:-:•:-.:-:•:•:-:.:* InterneI TIF LoanTranafer_s In ...... 38 180,000 _______________.__________._______-_____._._____._._________________ 0 0 P_ Subtotal Ali Operating Transfers In 39 ... __ 180,0 000 0 ' 180.000 0 g Proceeds of Debtigxductlhs TlF internal 8orrowtrig)._ 40 180,000 0 Prgseeds of Ca_gal Asset Sales 41 :•:•:•:•:-:•:•:•:•:•:•:.*:•: -i-LitotaTather Financing Sources (Emu t 38 II. 40) • 42 ........-,--..----......--......-- ---_---...-_--...-....-----..-. ....-..--.....-.. - ...------ .... ___..--_-_--- .--------. -5 liiii,60--0 7 -7- . -0 180.000 Total Revenues except for beginning fund balance ' Beginning Fund Balance July 1 44 519 553 540,350 (lines 3, 4, 5, 13, 14,15, 20, 34, 36, 36, 8 41) 43 457,032 55000 180.000 -139,231 321,713 44,728 625,000 1 683,473 1.026,122 1,192,116 TOTAL REVENUES & BEGIN BALANCE PIM 42. AV 45 63.770 552,751 0 164,880 40,769 0 789,880 35 36 55,000 52,320 0 0 49,536 0 0 --...„-- .... 0 0 0 •55,000 104,536 •:•::::::::::::::::::: ::-:•.•.-.- ..---:•••:-:-:•.-:--:-::•:-:-:•:-:-:•:•:•:-:-:-:-. ::-:-:-:--:::•_-.%-:-.-. :.,..---...-.-....-...-..•.-....... 0 0 625,000 625,000 123,000 69,057 0 0 0 0 ___0 _ 0 0 0 ____0 0 _ _ _ _ --- 0 0 500- 0 625,000 625,500 123,000 ------------ 0 0 69,057 0 0 0 o . 0 0 976,585 595,350 "•-•••••• 385,483 597,479 .--,'.".• . . •,- Department of Managernani The Jest two columns will fill in once the Re -Est forms are cornpteted Fiscal Years BUDGET RE -ESTIMATED PROPRIETARY 2021 2020 _ 627,448 _625,001 0 0 54,514 58,195 5,000 0 ACTUAL 2019 iL) _ _ 908,145908.146 0 0 0 0 0 0 0 ^ ...... 110.000 110,000 117,083 169 514 168,195 117,083 500 39 5,246 25,511 5,00040,264 55,000 1 702 073 1,576 914 3,385,546 2,603,036 52,320 0 . . . • • . 1,490,046 2,682,162 Rum 6352A CITY OF Riverdale ADOPTED BUDGET SUMMARY YEAR ENDED JUNE 30, Department of Management (A) (B) GENERAL (C) SPECIAL REVENUES (D) TIF SPECIAL REVENUES (E) DEBT SERVICE (F) CAPITAL PROJECTS (G) PERMANENT (H) PROPRIETARY (I) BUDGET 2021 (J) i-'ISLAM 1 UM RE -ESTIMATED 2020 ACTUAL 2019 Revenues & Other Financing Sources Testes Levi ed on Pr ,.. .... 9P�!Y _ less:UncollectedPr Taxes -Levy Year 2 Net Current Property Taxes 3 _ 294 15 _ _._ . _ 294,915 - 0 :. _•:: ::••_ •.::.-::.•. - 291,382 ._._... --- 41 151' __.._._._._._ -.-- 01 _ 627,448 ---_ - 0 (K) 6 _._._-_25,001 0 (L) " _ 908,14-0 _ 0 0 :.... - - _ - . 291,382 41,150 :, . 627.448 625,001 908,146 Oetinquent Property Taxes 4 0 0 TIF Revenues 5 {� 0 0 0 0 0 -�_ 0 OtharCit�Taxes _- - -- - ----- _.__._._6_ Licenses & Permits 7 140.606 500 0 0 25f331 3,577 � •' 169,514 -- - - - 168,195 0 117083 -- - - - ._. - UsedMorleyandProperty 8 - .-. _ -20,511- - - ._.-._ 0 = • 0 __ `,'i'' 5.000 _ `' p '0 _ _ 0 - - -- 0 500 ------25,511 - -- 390 _ _ --------5,OQ0 - -- 5,246 - - -40,264 Lnter o�v5rnmer -�-- -- 9 ---y10 ---- 0 '-- 55,000 0 0 0 : :- ::}...-..•::{-: 0 Charges for Fees &Service 500 :: 55.000 104,536 52.320 Special Assessments 11 0 :::::::::-:::•:: 0 0 0 625,000 625,500 123,000 69,057 0 0 0 0 .... .•...:: 0 0 0 Miscellaneous 12 _ -- --- -- -- - - -_- 0 0 ........ _ 0 0 Sub-TatalRevenues 13 0 0 0 00 0 0 457,032 55,000 0 321,713 44,728 0 625,000 1,503,473 1,026,122 Other Financing Sources: Total Transfers ers I 4 0 0 - - • 180,000 �.p � 0 - 10 ... ... - 0 - 180,000 - 0• 1,192,116 - ----- - ProceedsdDed 15 0 0 0 0 p:•:•: _ :•:•:•:: Proceeds d Capital Asset Sales 16 0 0 0 0 0 Total 0 0 0 0 0 0 0 0 0 Gcpenditufrs & Other Financing Uses Pohl is Safe • • • 100 ciao _ .......... 0 - • , 100,000 • 1,192.116 Pudic works 19 157 333 99,900 218,323 Health and Social Services --- --`- 0 :••.._----_. 9, ' 157,333 159,600 109,565 20 0 p^-.�"•_..._ 0 _ Culture and Recreation 21 77,000 - 0- 0 0 : 77 000 Community and Ew,urnic Development - 22 General Government 23 30,000 283,444 p , p 0 • ::•::J-' . - " "' 0 - - 30,000 6 1 950 6,500 - ' ' - 55,288 54.594 D ce 24 0 0 '= =':: = = :': = :: 283,444 256,100 217,566 Capital Projecis ---- 0 ---- -- -_---• 0 316,813 ^:-: ;- :_� :-;• 0 : =::- : 316.813 316,913 315,400 25 0 0 0 :-::--:::-:•:•; :::: 180,000 D = :::.:: }:::-:::• Total Government Activities Expenditures 26 647;777 180,000 0 11400 0 0 316,813 180,000 0 - ::525,000 1,144,590 900,963 Business Type Proprletray. Enterprise& ISF 27 .::•:• •:-:. _ - • • . •... - _ , _ • - . • • - - _ • - , • • • .• ' _ •0 • • ' - 525,000 0 982,126 Total Gov& Bus Type Expenditures 28 647,777 0 0 316,813 180,000 _ _ 525,000 1,669,590 900,963 123,122 1,105,248 Total Transfers Out 29 Total 145,000 35,000 0 0 0 0 0 180,000 0 0 ALL ExpendltureslFirndTransfers Out 30 792,777 35,000 0 316,813 180,000 0 525,000 1,849.590 900,963 1,105,248 Excess Revenues &Other Sources Over 31 Under Ex tur 1 Expenditures/Transfers 32 ..... •335,745 ..... 20 000 ..:... • 180,000 _.__... 4,9D0 .._... -135,272 ....__..._. � 0 _ .., ._..._ 100 000 ..... • - •166,117 .. . 125,159 - • • - - - , • :_139231.•.:..:.:............ . .....................164,88: 86,868 Beginning Fund BalanceJula'?__--__._-� 33 519553 540,350 63,770 552._751 52,7 .................................. Ending Fund Balance June30 - 34 • 0 164.880 1,702,073 1,576,914 1,490,046 _ 183,808 560,350 40,769 68,670 _ 417,479- • 0 264,880 1,535,956 _ 1,702,073� 1,576,914 Fpm 7 03 City Name; Riverdale LONG TERM DEBT SCHEDULE GENERAL OBLIGATION BONDS, TIF BONDS, REVENUE BONDS, LOANS, LEASE -PURCHASE PAYMENTS PAGE 1 GO• TO NON-GOTO GRAND TO (1) (2) (3) Debt Name (A) Capital Improvement Essential Corporate Purpose Amount of Issue (B) 2,000,000 Type of Debt Obligation (C) CO Debt Resolution Number (D) 4119/11 Capital Improvement Essential Corporate Ftrrpase 700,000 GO 3120/12 NO SELECTION (4) NO SELECTION (5) NO SELECTION (6) NO SELECTION (7) NO SELECTION (8) NO SELECTION (9) NO SELECTION (10) (11) NO SELECTION NO SELECTION (12) NO SELECTION (13) NO SELECTION (14) NO SELECTION (15) N0 SELECTION (16) NO SELECTION (17) NO SELECTION (18) NO SELECTION (19) NO SELECTION (20) NO SELECTION (21) NO SELECTION (22) NO SELECTION (23) NO SELECTION (24) (25) NO SELECTION NO SELECTION (26) NO SELECTION (27) NO SELECTION (28) NO SELECTION (29) (30) NO SELECTION NO SELECTION TOTALS AL 305,000 11,713 316,713 0 0 0 AL 0 0 0 0 0 0 AL 305,000 11,713 316,713 0 Principal Due FY 2021 (E) Interest Due FY 2021 (F) Total Obligation Due FY 2021 =(G) Bond RegJ Paying Agent Fees Due FY 2021 +(H) 0 Reductions due to Refinancing or Prepayment of Certified Debt 0 Paid from Funds OTHER THAN Current Year Debt Service Taxes 230,000 8,338 238,338 -(1) 75,000 3,375 78,375 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 305,000 11,713 316,713 0 0 0 Form 631.1 Department of Management City of NOTICE OF PUBLIC HEARING BUDGET ESTIMATE FISCAL YEAR BEGINNING JULY 1, 2020 - ENDING JUNE 30, 2021 Riverdale , Iowa The City Council will conduct a public hearing on the proposed Budget at Riverdale City Hall on 3/24/20 at 7:00pm (Date) xx/xx/xx (he) 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 $ The estimated tax levy rate per $1000 valuation on Agricultural land is , . $ 9,40597 2.83491 At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of, any part of the proposed budget. The city budget is subject to protest. More information on protest can be found at https://dom.lowa.gov/local-gov-appeals. 563-355-2511 phone number Mike Bawden City Clerk/Finance Officer's NAME Budget FY 201121 Re -estimated FY 2020 Actual FY 2019 /' laC (b?' Revenues & Other Financing Source $ 1 627,448 ' _ 625,001 )ct '::' : 908,146 Taxes Levied on Property Less: Uncollected Property Taxes -Levy Year 2 0 0 0 Net Current Property Taxes 3 627,448 625,001 908,146 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 0 0 0 Other City Taxes 6 169,514 168,195 117,083 Licenses & Permits 7 500 390 5,246 Use of Money and Property 8 25,511 5,000 40,264 Intergovernmental 9 55,000 104,536 52,320 Charges for Fees&Service 10 625,500 123,000 69,057 Special Assessments 11 0 0 0 Miscellaneous 12 0 0 0 Other Financing Sources 13 0 0 0 Transfers In 14 180,000 0 0 Total Revenues and Other Sources 15 1,683,473 1,026,122 1,192,116 Ff' ditlres & Other Financing Use S Public Safety 16 ......... 100,000.. _ 99,900 .. 218,323 3 Public Works 17 157,333 159,600 109,565 Health and Social Services 18 0 0 0 CWtureand Recreation 19 77,000 61,950 55,288 Community and Economic Development 20 30,000 6,500 54,594 General Government 21 283,444 256,100 217,556 Debt Service 22 316,813 316,913 315,400 Capital Projects 23 180,000 0 11,400 Total Govemment Activities Expenditures 24 1,144,590 900,963 982,126 Business Type/Enterprises 25 525,000 0 123,122' Total ALL Expenditures 26 1,669,590 900,963 1,105,248 Transfers Out 27 180,000 0 0 Total ALL Expenditures/Transfers Out 28 1,849,590 900,963 1,105,248 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 29 -166,117 125,159 •. •6�I 86,868 Beginning Fund Balance July 1 30 1,702,073 1,576,914 1,490 046 Ending Fund Balance June 30 31 1,535,956 1,702,073 1,576,914