FY2022

NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET Fiscal Year July 1, 2021 - June 30, 2022 The City of: IOWA CITY The City Council will conduct a public hearing on the proposed budget as follows: Location: 410 E. Washington St., City Hall Meeting Date: 3/16/2021 Meeting Time: 07:00 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 15.67305 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.

Phone Number (319) 356-5041

City Clerk/Finance Officer's NAME Kellie Fruehling Budget FY 2022 Re-estimated FY 2021 Actual FY 2020

Revenues & Other Financing Sources Taxes Levied on Property Less: Uncollected Property Taxes-Levy Year

1 2 3 4 5 6 7 8 9

66,911,637

65,849,136

59,257,228

0

0

0

Net Current Property Taxes

66,911,637

65,849,136

59,257,228

Delinquent Property Taxes

0

0

102,940

TIF Revenues

4,125,528 2,706,502 1,993,570 2,748,956 36,567,188 49,896,555 3,320,916 12,150,000 44,060,480 225,002,864 16,520,508 9,689,018 11,851,079 13,084,764 18,165,470 110,031,382 63,223,517 173,254,899 44,060,480 217,315,379 290 28,635,311 11,424,982 660,250

2,593,203 2,307,298 1,991,490 2,272,471 48,351,548 44,636,134 2,534,661 12,212,840 49,350,222 232,099,573 16,400,998 10,090,563 12,921,559 14,519,819 53,755,115 147,902,607 73,603,180 221,505,787 49,350,222 270,856,009 -38,756,436 180,415,551 141,659,115 570 28,000,471 11,609,082 605,000

3,434,710 2,746,828 2,364,023 4,454,716 35,402,905 45,642,552 2,733,137 13,361,385 64,975,115 235,379,273 14,146,871 10,345,813 9,182,705 13,038,331 24,573,233 107,974,761 64,783,897 172,758,658 64,975,115 237,733,773 -2,354,500 182,770,051 180,415,551 0 25,917,284 10,290,112 480,412

Other City Taxes Licenses & Permits

Use of Money and Property

Intergovernmental

Charges for Fees & Service

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Special Assessments

Miscellaneous

Other Financing Sources

Transfers In

Total Revenues and Other Sources Expenditures & Other Financing Uses Public Safety

Public Works

Health and Social Services Culture and Recreation

Community and Economic Development

General Government

Debt Service

Capital Projects

Total Government Activities Expenditures

Business Type / Enterprises Total ALL Expenditures

Transfers Out

Total ALL Expenditures/Transfers Out

Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out

7,687,485

Beginning Fund Balance July 1 Ending Fund Balance June 30

141,659,115 149,346,600

69 5