"Fiscal Year July 1, 2003 - June 30, 2004"
City of PRIMGHAR ", Iowa"
The City Council will conduct a public hearing on the proposed Budget at Council Chambers
On 3/10/03at 7:00 PM
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 . . $ 20.35244
The estimated tax levy rate per $1000 valuation on Agricultural land is $3.00375
"At the public hearing, any resident or taxpayer may present objections to, or arguments in favor of,
any part of the proposed budget.
712-957-2435 phone number City Clerk/Finance Officer
| Budget FY | Re-est. FY | Actual FY | ||
| 2004 | 2003 | 2002 | ||
| (a) | (b) | (c) | ||
| Revenues & Other Financing Sources | ||||
| Taxes Levied on Property | 1 | 220,135 | 219,083 | 189,573 |
| Less: Uncollected Property Taxes-Levy Year | 2 | 0 | 0 | 0 |
| Net Current Property Taxes | 3 | 220,135 | 219,083 | 189,573 |
| Delinquent Property Taxes | 4 | 0 | 0 | 0 |
| TIF Revenues | 5 | 52,000 | 45,000 | 44,660 |
| Other City Taxes | 6 | 54,623 | 57,685 | 54,453 |
| Licenses & Permits | 7 | 1,945 | 1,280 | 1,865 |
| Use of Money and Property | 8 | 33,078 | 24,000 | 62,709 |
| Intergovernmental | 9 | 100,975 | 98,663 | 101,670 |
| Charges for Services | 10 | 1,022,025 | 2,339,350 | 872,543 |
| Special Assessments | 11 | 13,000 | 21,000 | 21,706 |
| Miscellaneous | 12 | 92,214 | 0 | 97,247 |
| Other Financing Sources | 13 | 25,057 | 692,303 | 390,776 |
| Total Revenues and Other Sources | 14 | 1,615,052 | 3,498,364 | 1,837,202 |
| Expenditures & Other Financing Uses | ||||
| Public Safety | 15 | 109,222 | 108,363 | 93,673 |
| Public Works | 16 | 78,367 | 74,600 | 71,257 |
| Health and Social Services | 17 | 40,614 | 42,700 | 41,492 |
| Culture and Recreation | 18 | 159,814 | 208,900 | 141,913 |
| Community and Economic Development | 19 | 71,010 | 65,950 | 29,723 |
| General Government | 20 | 96,133 | 79,500 | 44,232 |
| Debt Service | 21 | 89,990 | 177,381 | 0 |
| Capital Projects | 22 | 0 | 0 | 0 |
| Total Government Activities Expenditures | 23 | 645,150 | 757,394 | 422,290 |
| Business Type / Enterprises | 24 | 1,358,939 | 2,097,155 | 1,489,271 |
| Non-Program | 25 | 0 | 0 | |
| Total Expenditures | 26 | 2,004,089 | 2,854,549 | 1,911,561 |
| Transfers Out | 27 | 25,057 | 79,303 | 248,748 |
| Total Expenditures/Transfers Out | 28 | 2,029,146 | 2,933,852 | 2,160,309 |
| Excess Revenues & Other Sources Over | ||||
| (Under) Expenditures/Transfers Out | 29 | -414,094 | 564,512 | -323,107 |
| Beginning Fund Balance July 1 | 30 | 1,677,957 | 1,113,445 | 1,436,552 |
| Ending Fund Balance June 30 | 31 | 1,263,863 | 1,677,957 | 1,113,445 |
| table created by T2T 2.5 | ||||
| NOTICE OF PUBLIC HEARING | ||||||
| AMENDMENT OF CURRENT CITY BUDGET | ||||||
| Form 653.C1 | ||||||
| The City Council of | PRIMGHAR | in | O'BRIEN | County, Iowa | ||
| will meet at | City Council Chambers | |||||
| at | 7:30 PM | on | June 23, 2003 | |||
| (hour) | (Date) | |||||
| ,for the purpose of amending the current budget of the city for the fiscal year ending June 30, | 2003 | |||||
| (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 | Total Budget | |||||
| as certified | Current | after Current | ||||
| or last amended | Amendment | Amendment | ||||
| Revenues & Other Financing Sources | ||||||
| Taxes Levied on Property | 1 | 219,083 | 0 | 219,083 | ||
| Less: Uncollectted Property Taxes-Levy Year | 2 | 0 | 0 | 0 | ||
| Net Current Property Taxes | 3 | 219,083 | 0 | 219,083 | ||
| Delinquent Property Taxes | 4 | 0 | 0 | 0 | ||
| TIF Revenues | 5 | 45,000 | 0 | 45,000 | ||
| Other City Taxes | 6 | 57,685 | 0 | 57,685 | ||
| Licenses & Permits | 7 | 1,945 | 0 | 1,945 | ||
| Use of Money and Property | 8 | 33,740 | 0 | 33,740 | ||
| Intergovernmental | 9 | 90,610 | 0 | 90,610 | ||
| Charges for Services | 10 | 998,175 | 0 | 998,175 | ||
| Special Assessments | 11 | 21,000 | 0 | 21,000 | ||
| Miscellaneous | 12 | 123,214 | 0 | 123,214 | ||
| Other Financing Sources | 13 | 1,360,313 | 0 | 1,360,313 | ||
| Total Revenues and Other Sources | 14 | 2,950,765 | 0 | 2,950,765 | ||
| Expenditures & Other Financing Uses | ||||||
| Public Safety | 15 | 109,407 | 30,000 | 139,407 | ||
| Public Works | 16 | 120,571 | 2,272 | 122,843 | ||
| Health and Social Services | 17 | 42,914 | 0 | 42,914 | ||
| Culture and Recreation | 18 | 196,478 | 0 | 196,478 | ||
| Community and Economic Development | 19 | 68,326 | 0 | 68,326 | ||
| General Government | # | 87,437 | 0 | 87,437 | ||
| Debt Service | 21 | 178,364 | 3,000 | 181,364 | ||
| Capital Projects | # | 0 | 0 | 0 | ||
| Total Government Activities Expenditures | # | 803,497 | 35,272 | 838,769 | ||
| Business Type / Enterprises | # | 1,985,847 | 0 | 1,985,847 | ||
| Non-Program | 25 | |||||
| Total Gov Activities & Business Expenditures | # | 2,789,344 | 35,272 | 2,824,616 | ||
| Transfers Out | 27 | 52,563 | 0 | 52,563 | ||
| Total Expenditures/Transfers Out | # | 2,841,907 | 35,272 | 2,877,179 | ||
| Excess Revenues & Other Sources Over | ||||||
| (Under) Expenditures/Transfers Out | # | 108,858 | -35,272 | 73,586 | ||
| Beginning Fund Balance July 1 | # | 1,113,445 | 0 | 1,113,445 | ||
| Ending Fund Balance June 30 | 31 | 1,222,303 | -35,272 | 1,187,031 | ||
| Explanation of increases or decreases in revenue estimates, appropriations, or available cash: | ||||||
| Public Safety: Land purchase for new Emergency Services building. Public Works: Additional airport expenses. Debt Service: FY02 GO bond interest payment paid in FY03. | ||||||
| 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. | ||||||
| City Clerk | ||||||
City of PrimgharPO Box 39Primghar, IA 51245 Tel: 712.957.2435 Fax: 712.957.5300 |