HomeMy Public PortalAboutResolutions_23-17_5/8/2023RESOLUTION NO. 23-17
RESOLUTION APPROVING THE CITY'S PROPOSED
AMENDMENT TO THE FISCAL YEAR 2023 BUDGET
WHEREAS, the City Council of Marcus, Iowa has prepared amendment to the
Annual Budget for Fiscal Year 2023; and
WHEREAS, the City did hold a public hearing regarding this proposed budget
amendment on May 8th at 5:00 PM at the Marcus City Hall, at 222 N Main St, Marcus,
Iowa.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
Marcus, Iowa, approval of budget amendment for Fiscal Year 2023.
BE IT FURTHER RESOLVED, by the Marcus City Council of the City of
Marcus, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute
said resolution.
Passed and approved this 8th day of May 2023.
Pat Bunt, Mayor
ATTEST:
-/P-otol/n a
Robin A. Harvey, City Clerk/Treasurer
CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION - FY 2023 - AMENDMENT # 1
To the Auditor of CHEROKEE County, Iowa:
The City Council of MARCUS in said County/Counties met on 05/08/2023 05:00 PM, 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. 23-17
A RESOLUTION AMENDING THE CURRENT BUDGET FOR FISCAL YEAR ENDING JUNE 2023
(AS LAST CERTIFIED OR AMENDED ON 03/14/2022)
Be it Resolved by the Council of City of MARCUS
Section 1. Following notice published/posted 04/20/2023 and the public hearing held 05/08/2023 05:00 PM 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 the hearing:
REVENUES & OTHER FINANCING SOURCES
Total Budget
as Certified
or Last Amended
Current
Amendment
Total Budget After
CurrentAmendment
Taxes Levied on Property
1
518,751
0
518,751
Less: Uncollected Delinquent Taxes - Levy Year
2
0
0
0
Net Current Property Tax
3
518,751
0
518.751
Delinquent Property Tax Revenue
4
0
0
0
TIF Revenues
5
0
0
0
Other City Taxes
6
174,215
0
174.215
Licenses & Permits
7
2.790
0
2,790
Use of Money & Property
8
26,600
0
26.600
Intergovernmental
9
236,797
0
236,797
Charges for Service
10
578,378
0
578.378
Special Assessments
11
0
0
0
Miscellaneous
12
41,750
555,130
596.880
Other Financing Sources
'13
0
0
0
Transfers In
14
247,829
2,000
249,829
Total Revenues & Other Sources
15
1.827,110
557,130
2,384,240
EXPENDITURES & OTHER FINANCING USES
Public Safety
16
183,810
0
183,810
Public Works
17
253,370
0
253.370
Health and Social Services
18
0
0
0
Culture and Recreation
19
423,960
119,000
542,960
Community and Economic Development
20
33,373
0
33,373
General Government
21
137,437
0
137,437
Debt Service
22
127,750
0
127.750
Capital Projects
23
135,798
0
135,798
Total Government Activities Expenditures
24
1.295,498
119,000
1,414,498
Business Type/Enterprise
25
544,867
0
544.867
Total Gov Activities & Business Expenditures
26
1.840,365
119,000
1,959,365
Transfers Out
27
247,829
2.000
249,829
Total Expenditures1Transfers Out
28
2.088,194
121,000
2,209,194
Excess Revenues & Other Sources Over
(Under) Expenditures/Transfers Out
29
-261,084
436,130
175,046
Beginning Fund Balance July 1.2022
30
2.398,678
0
2,398,678
Ending Fund Balance June 30, 2023
31
2,137,594
436,130
2,573,724
Explanation of Changes: Revenue increase is from donations and grants to the trail project, donations to the clubhouse project and sale of residential lots.
Expenses are for pool equipment repairs, playground material, and clubhouse engineer.
-
05/08/2023
City Clerk/Administrator Signature of Cerflfl ation
05/09/2023 08:42 AM
Adopted On
a/lei f_e,fii.
Mayor Signature of Certification
Pace 1 of 1