FY24 Adopted Budget

4/6/23, 9:20 AM

Local Government Property Valuation System

NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET Fiscal Year July 1, 2023 - June 30, 2024 City of: IOWA CITY The City Council will conduct a public hearing on the proposed Budget at: Emma Harvat Hall, 410 E. Washington St,. Iowa City Meeting Date: 4/4/2023 Meeting Time: 06:00 PM At the public hearing any resident or taxpayer may present objections to, or arguments in favor of , any part of the proposed budget. This notice represents a summary of the supporting detail of revenues and expenditures on file with the City Clerk and County Auditor. City budgets are subject to protest. If protest petition requirements are met, the State Appeal Board will hold a local hearing. For more information, consult https://dom.iowa.gov/local-budget-appeals. 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 15.63305 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.

City Clerk/Finance Officer's NAME Kellie Fruehling Budget FY 2024 Re-estimated FY 2023 Actual FY 2022

Phone Number (319) 356-5041

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

1 2 3 4 5 6 7 8 9

66,312,743

66,474,472

66,604,441

0

0

0

Net Current Property Taxes

66,312,743

66,474,472

66,604,441

Delinquent Property Taxes

0

0

285

TIF Revenues Other City Taxes Licenses & Permits

4,083,031 3,596,467 2,033,921 3,172,348 36,115,666 51,347,782 10,580,520 42,980,400 54,847,195 275,071,454 17,500,835 10,406,420 12,632,164 13,210,690 31,178,470 129,121,277 90,987,334 220,108,611 54,847,195 274,955,806 157,640,187 157,755,835 1,381 30,750,428 12,745,770 696,500 115,648

4,113,733 2,879,845 2,010,130 2,732,396 47,348,469 50,353,023 3,909,885 11,605,168 62,665,924 254,094,045 17,062,270 31,072,277 13,462,194 13,171,641 57,520,948 175,059,205 89,119,339 264,178,544 62,665,924 326,844,468 -72,750,423 230,390,610 157,640,187 1,000 29,778,742 12,311,075 680,058

4,016,095 3,598,527 2,798,014 2,269,311 55,513,291 48,155,478 4,597,708 11,202,244 56,248,706 255,004,100 15,680,540 12,416,470 10,251,158 13,185,762 19,678,277 109,906,601 65,222,764 175,129,365 56,248,706 231,378,071 23,626,029 206,764,581 230,390,610 0 27,028,355 11,015,789 650,250

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

Beginning Fund Balance July 1 Ending Fund Balance June 30

723

https://dom-localgov.iowa.gov/budget-renderer?id=14282

20/20