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HomeMy WebLinkAbout2023-04-17 G02 FY24 Budget_PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: April 17, 2023 AGENDA ITEM:On a proposed City of Waukee FY2024 budget FORMAT:Public Hearing SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: Staff has worked diligently again this year to present a balanced budget for the Council’s review. The City of Waukee is proposing revenue totals of $131,875,493 and expenditures of $128,407,401 for the FY2024 budget year. The City’s tax levy will be reduced by $0.05 per $1,000 to $13.05 / per $1,000 of taxable valuation. RECOMMENDATION: Hold the Public Hearing. ATTACHMENTS: FY24 State Budget Forms – Original $13.10 Levy FY24 State Budget Forms – Revised $13.05 Levy PREPARED BY:Linda Burkhart REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: Dallas County News DATE OF PUBLICATION: 04/06/2023 Regular General levy FISCAL YEAR JULY 1, 2023 - JUNE 30, 2024 ADOPTION OF BUDGET AND CERTIFICATION OF CITY TAXES The City of : WAUKEE County Name: DALLAS COUNTY Adopted On: (entered upon adoption) Resolution: (entered upon adoption) The below-signed certifies that the City Council, on the date stated above, lawfully approved the named resolution adopting a budget for next fiscal year, as summarized on this and the supporting pages. With Gas & Electric Without Gas & Electric Regular 2a 1,704,154,708 2b 1,699,859,442 DEBT SERVICE 3a 2,014,428,494 3b 2,010,133,228 Ag Land 4a 7,871,001 City Number: 25-240 Last Official Census: 23,940 TAXES LEVIED Purpose Dollar Limit ENTER FIRE DISTRICT RATE BELOW Request with Utility Replacement Property Taxes Levied Rate 8.10000 5 13,803,653 13,768,861 43 8.10000 Non-Voted Other Permissible Levies Contract for use of Bridge 0.67500 6 0 44 0.00000 Opr & Maint publicly owned Transit 0.95000 7 0 45 0.00000 Rent, Ins. Maint of Civic Center Amt Nec 8 0 46 0.00000 Opr & Maint of City owned Civic Center 0.13500 9 0 47 0.00000 Planning a Sanitary Disposal Project 0.06750 10 0 48 0.00000 Aviation Authority (under sec.330A.15) 0.27000 11 0 49 0.00000 Levee Impr. fund in special charter city 0.06750 13 0 51 0.00000 Liability, property & self insurance costs Amt Nec 14 0 52 0.00000 Support of a Local Emerg.Mgmt.Comm. Amt Nec 462 0 465 0.00000 Voted Other Permissible Levies Instrumental/Vocal Music Groups 0.13500 15 0 53 0.00000 Memorial Building 0.81000 16 0 54 0.00000 Symphony Orchestra 0.13500 17 0 55 0.00000 Cultural & Scientific Facilities 0.27000 18 0 56 0.00000 County Bridge As Voted 19 0 57 0.00000 Missi or Missouri River Bridge Const. 1.35000 20 0 58 0.00000 Aid to a Transit Company 0.03375 21 0 59 0.00000 Maintain Institution received by gift/devise 0.20500 22 0 60 0.00000 City Emergency Medical District 1.00000 463 0 466 0.00000 Support Public Library 0.27000 23 0 61 0.00000 Unified Law Enforcement 1.50000 24 0 62 0.00000 Total General Fund Regular Levies (5 thru 24)25 13,803,653 13,768,861 Ag Land 3.00375 26 23,643 23,643 63 3.00375 Total General Fund Tax Levies (25 + 26)27 13,827,296 13,792,504 Special Revenue Levies Emergency (if general fund at levy limit) 0.27000 28 460,122 458,962 64 0.27000 Police & Fire Retirement Amt Nec 29 0 0.00000 FICA & IPERS (if general fund at levy limit) Amt Nec 30 0 0.00000 Other Employee Benefits Amt Nec 31 2,402,858 2,396,802 1.41000 Total Employee Benefit Levies (29,30,31)32 2,402,858 2,396,802 65 1.41000 Sub Total Special Revenue Levies (28+32)33 2,862,980 2,855,764 As Req With Gas & Elec Valuation Without Gas & Elec Valuation SSMID 1 0 0 34 0 66 0.00000 SSMID 2 0 0 35 0 67 0.00000 SSMID 3 0 0 36 0 68 0.00000 SSMID 4 0 0 37 0 69 0.00000 SSMID 5 0 0 555 0 565 0.00000 SSMID 6 0 0 556 0 566 0.00000 SSMID 7 0 0 1177 0 1179 0.00000 SSMID 8 0 0 1185 0 1187 0.00000 Total Special Revenue Levies 39 2,862,980 2,855,764 Debt Service Levy 76.10(6)Amt Nec 40 6,687,903 6,673,642 70 3.32000 Capital Projects (Capital Improv. Reserve)0.67500 41 0 71 0.00000 Total Property Taxes (27+39+40+41)42 23,378,179 23,321,910 72 13.10000 ( Signature )(Date)( County Auditor )(Date) NOTICE OF PUBLIC HEARING - CITY OF WAUKEE - PROPOSED PROPERTY TAX LEVY Fiscal Year July 1, 2023 - June 30, 2024 The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows: Meeting Date:2/21/2023 Meeting Time:05:30 PM Meeting Location:Waukee City Hall - 230 W Hickman Rd, Waukee, IA or https://zoom.us/j/352651371 Meeting ID 352-651-371 or by phone: +1 646-558-8656 or +1 301-715-8592 At the public 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 City Council will publish notice and hold a hearing on the proposed city budget. City Website (if available) www.waukee.org City Telephone Number (515) 978-7919 Current Year Certified Property Tax 2022 - 2023 Budget Year Effective Property Tax 2023 - 2024 Budget Year Proposed Maximum Property Tax 2023 - 2024 Annual % CHG Regular Taxable Valuation 1,435,992,893 1,704,154,708 1,704,154,708 Tax Levies: Regular General 11,057,145 11,057,145 14,220,305 Contract for Use of Bridge 0 Opr & Maint Publicly Owned Transit 0 Rent, Ins. Maint. Of Non-Owned Civ. Ctr.0 Opr & Maint of City-Owned Civic Center 0 Planning a Sanitary Disposal Project 0 Liability, Property & Self-Insurance Costs 0 Support of Local Emer. Mgmt. Commission 0 Emergency 0 Police & Fire Retirement 0 FICA & IPERS 0 Other Employee Benefits 2,986,865 2,986,865 3,651,634 Total Tax Levy 14,044,010 14,044,010 17,871,939 27.25 Tax Rate 9.78000 8.24104 10.48727 Explanation of significant increases in the budget: This publication shows the MAXIMUM regular tax levy available to the City of $10.18 plus Debt Service Levy. The proposed FY24 budget presented to the City Council on Jan 30th recommends MAINTAINING the current levy of $9.78 plus $3.32 Debt Service for a total levy of $13.10 per $1,000. Increased revenues are necessary to cover annual wage & benefit rollups, staff additions, capital equipment and facility maintenance & repairs. Potential loss of revenue due to the State miscalculation of residential rollback prevents a tax reduction for FY24. If applicable, the above notice also available online at: FACEBOOK-cityofwaukeeiowa, waukeepolice, waukeefire, waukeepubliclibrary, waukeeparksandrecreation, sugarcreekgolfcourse, croneforwaukee, clarkforwaukee, waukeecitycouncilmancharliebottenberg, annabergmanpierceforwaukeecitycouncil, larrylyonforwaukee; TWITTER-cityofwaukee, waukeefire, waukeelibrary, waukeeparks_rec; INSTAGRAM-cityofwaukee, waukee_library; LINKEDIN-company/4860982; NEXTDOOR-pages/city-of-waukee; WEBSITE-www.waukee.org *Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy. **Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming budget year FUND BALANCE City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT TOTAL GOVERNMENT PROPRIETARY GRAND TOTAL Annual Report FY 2022 Beginning Fund Balance July 1 1 7,534,372 11,232,052 5,841,627 2,919,202 22,211,317 0 49,738,570 74,289,609 124,028,179 Actual Revenues Except Beg Balance 2 18,913,109 11,411,442 8,853,419 16,649,759 28,024,972 0 83,852,701 35,695,746 119,548,447 Actual Expenditures Except End Balance 3 16,949,240 7,221,968 11,712,120 14,797,659 33,020,320 0 83,701,307 21,712,484 105,413,791 Ending Fund Balance June 30 4 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 49,889,964 88,272,871 138,162,835 Re-Estimated FY 2023 Beginning Fund Balance 5 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 49,889,964 88,272,871 138,162,835 Re-Est Revenues 6 21,420,185 10,771,865 7,129,300 10,434,783 15,500,000 0 65,256,133 29,300,290 94,556,423 Re-Est Expenditures 7 21,495,300 7,933,954 4,371,904 8,334,574 19,469,941 0 61,605,673 45,117,447 106,723,120 Ending Fund Balance 8 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 53,540,424 72,455,714 125,996,138 Budget FY 2024 Beginning Fund Balance 9 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 53,540,424 72,455,714 125,996,138 Revenues 10 22,227,586 11,339,880 7,701,100 12,359,635 46,565,000 0 100,193,201 31,767,500 131,960,701 Expenditures 11 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 91,812,564 36,594,837 128,407,401 Ending Fund Balance 12 9,443,262 21,748,228 7,755,913 9,854,521 13,119,137 0 61,921,061 67,628,377 129,549,438 RE-ESTIMATED EXPENDITURES SCHEDULE PAGE 1 City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 GOVERNMENT ACTIVITIES CONT.GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 PUBLIC SAFETY Police Department/Crime Prevention 1 5,315,160 5,315,160 4,372,113 Jail 2 0 0 Emergency Management 3 21,950 21,950 34,358 Flood Control 4 0 0 Fire Department 5 1,265,420 1,265,420 1,091,749 Ambulance 6 2,626,560 2,626,560 2,386,532 Building Inspections 7 956,350 956,350 831,542 Miscellaneous Protective Services 8 0 0 Animal Control 9 31,000 31,000 7,983 Other Public Safety 10 732,000 732,000 623,941 TOTAL (lines 1 - 10)11 10,948,440 0 0 10,948,440 9,348,218 PUBLIC WORKS Roads, Bridges, & Sidewalks 12 3,226,035 3,226,035 21,527,493 Parking - Meter and Off-Street 13 0 0 Street Lighting 14 262,200 262,200 252,682 Traffic Control and Safety 15 226,500 226,500 787,441 Snow Removal 16 0 0 Highway Engineering 17 0 0 Street Cleaning 18 0 0 Airport (if not Enterprise)19 0 0 Garbage (if not Enterprise)20 0 0 Other Public Works 21 1,109,600 1,109,600 2,067,430 TOTAL (lines 12 - 21)22 1,109,600 3,714,735 0 4,824,335 24,635,046 HEALTH & SOCIAL SERVICES Welfare Assistance 23 0 0 City Hospital 24 0 0 Payments to Private Hospitals 25 0 0 Health Regulation and Inspection 26 0 0 Water, Air, and Mosquito Control 27 2,000 2,000 0 Community Mental Health 28 0 0 Other Health and Social Services 29 52,000 52,000 35,000 TOTAL (lines 23 - 29)30 54,000 0 0 54,000 35,000 CULTURE & RECREATION Library Services 31 1,382,440 1,382,440 1,183,565 Museum, Band and Theater 32 0 0 Parks 33 1,521,960 50,000 1,571,960 12,958,010 Recreation 34 917,440 917,440 1,098,274 Cemetery 35 0 0 Community Center, Zoo, & Marina 36 43,000 43,000 54,094 Other Culture and Recreation 37 28,000 28,000 36,674 TOTAL (lines 31 - 37)38 3,892,840 50,000 0 3,942,840 15,330,617 RE-ESTIMATED EXPENDITURES SCHEDULE PAGE 2 City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 GOVERNMENT ACTIVITIES CONT.GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 COMMUNITY & ECONOMIC DEVELOPMENT Community Beautification 39 20,000 20,000 18,354 Economic Development 40 245,670 92,500 338,170 260,832 Housing and Urban Renewal 41 0 0 Planning & Zoning 42 646,120 646,120 380,692 Other Com & Econ Development 43 15,000 15,000 0 TIF Rebates 44 1,206,150 1,206,150 1,376,485 TOTAL (lines 39 - 44)45 926,790 0 1,298,650 0 2,225,440 2,036,363 GENERAL GOVERNMENT Mayor, Council, & City Manager 46 3,373,510 3,373,510 1,732,723 Clerk, Treasurer, & Finance Adm.47 465,780 465,780 164,218 Elections 48 1,600 1,600 0 Legal Services & City Attorney 49 150,000 150,000 107,510 City Hall & General Buildings 50 148,000 148,000 146,888 Tort Liability 51 0 0 Other General Government 52 424,740 424,740 469,097 TOTAL (lines 46 - 52)53 4,563,630 0 0 0 4,563,630 2,620,436 DEBT SERVICE 54 8,334,574 8,334,574 14,797,659 Gov Capital Projects 55 7,834,000 7,834,000 20,143 TIF Capital Projects 56 8,860,000 8,860,000 111,932 TOTAL CAPITAL PROJECTS 57 0 0 0 16,694,000 0 16,694,000 132,075 TOTAL Governmental Activities Expenditures (lines 11+22+30+38+44+52+53+54)58 21,495,300 3,764,735 1,298,650 8,334,574 16,694,000 0 51,587,259 68,935,414 BUSINESS TYPE ACTIVITIES Proprietary: Enterprise & Budgeted ISF Water Utility 59 4,780,810 4,780,810 4,911,161 Sewer Utility 60 2,128,510 2,128,510 3,356,390 Electric Utility 61 0 0 Gas Utility 62 7,967,360 7,967,360 8,335,879 Airport 63 0 0 Landfill/Garbage 64 1,718,400 1,718,400 1,636,665 Transit 65 0 0 Cable TV, Internet & Telephone 66 0 0 Housing Authority 67 0 0 Storm Water Utility 68 867,165 867,165 851,488 Other Business Type (city hosp., ISF, parking, etc.)69 1,119,660 1,119,660 1,012,351 Enterprise DEBT SERVICE 70 1,860,424 1,860,424 475,935 Enterprise CAPITAL PROJECTS 71 22,890,280 22,890,280 67,726 Enterprise TIF CAPITAL PROJECTS 72 0 0 TOTAL BUSINESS TYPE EXPENDITURES (lines 59+72)73 43,332,609 43,332,609 20,647,595 TOTAL ALL EXPENDITURES (lines 58+73)74 21,495,300 3,764,735 1,298,650 8,334,574 16,694,000 0 43,332,609 94,919,868 89,583,009 Regular Transfers Out 75 4,169,219 2,775,941 1,784,838 8,729,998 5,547,299 Internal TIF Loan Transfers Out 76 3,073,254 3,073,254 10,283,483 Total ALL Transfers Out 77 0 4,169,219 3,073,254 0 2,775,941 0 1,784,838 11,803,252 15,830,782 Total Expenditures and Other Fin Uses (lines 74+77)78 21,495,300 7,933,954 4,371,904 8,334,574 19,469,941 0 45,117,447 106,723,120 105,413,791 Ending Fund Balance June 30 79 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 RE-ESTIMATED REVENUES DETAIL City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 REVENUES & OTHER FINANCING SOURCES GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 Taxes Levied on Property 1 11,044,650 2,977,679 5,630,369 19,652,698 17,628,065 Less: Uncollected Property Taxes - Levy Year 2 0 0 Net Current Property Taxes (line 1 minus line 2)3 11,044,650 2,977,679 5,630,369 0 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 TIF Revenues 5 7,115,100 7,115,100 8,290,500 Other City Taxes: Utility Tax Replacement Excise Taxes 6 34,005 9,186 14,662 57,853 0 Utility francise tax (Iowa Code Chapter 364.2)7 0 0 Parimutuel wager tax 8 0 0 Gaming wager tax 9 0 0 Mobile Home Taxes 10 14,000 3,500 5,500 23,000 21,249 Hotel/Motel Taxes 11 36,000 36,000 128,358 Other Local Option Taxes 12 4,200,000 4,200,000 4,950,903 Subtotal - Other City Taxes (lines 6 thru 12)13 84,005 4,212,686 20,162 0 4,316,853 5,100,510 Licenses & Permits 14 2,161,980 5,000 2,166,980 3,962,254 Use of Money & Property 15 386,100 25,000 14,200 11,000 170,400 606,700 721,011 Intergovernmental: Federal Grants & Reimbursements 16 15,000 15,000 1,976,893 Road Use Taxes 17 3,025,000 3,025,000 3,132,454 Other State Grants & Reimbursements 18 70,000 12,000 70,000 152,000 2,413,552 Local Grants & Reimbursements 19 599,600 599,600 926,163 Subtotal - Intergovernmental (lines 16 thru 19)20 684,600 3,037,000 0 70,000 0 0 3,791,600 8,449,062 Charges for Fees & Service: Water Utility 21 7,541,140 7,541,140 8,130,084 Sewer Utility 22 6,602,000 6,602,000 8,999,757 Electric Utility 23 0 0 Gas Utility 24 10,571,500 10,571,500 11,380,169 Parking 25 0 0 Airport 26 0 0 Landfill/Garbage 27 1,682,500 1,682,500 1,596,284 Hospital 28 0 0 Transit 29 0 0 Cable TV, Internet & Telephone 30 0 0 Housing Authority 31 0 0 Storm Water Utility 32 1,353,000 1,353,000 1,394,238 Other Fees & Charges for Service 33 1,139,950 1,070,750 2,210,700 2,504,869 Subtotal - Charges for Service (lines 21 thru 33)34 1,139,950 0 0 0 0 28,820,890 29,960,840 34,005,401 Special Assessments 35 0 106,807 Miscellaneous 36 318,900 514,500 309,000 1,142,400 3,571,959 Other Financing Sources: Regular Operating Transfers In 37 5,600,000 1,629,998 1,500,000 8,729,998 5,547,299 Internal TIF Loan Transfers In 38 3,073,254 3,073,254 10,283,483 Subtotal ALL Operating Transfers In 39 5,600,000 0 0 4,703,252 1,500,000 0 0 11,803,252 15,830,782 Proceeds of Debt (Excluding TIF Internal Borrowing)40 14,000,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 41 0 166,835 Subtotal-Other Financing Sources (lines 36 thru 38)42 5,600,000 0 0 4,703,252 15,500,000 0 0 25,803,252 37,712,878 Total Revenues except for beginning fund balance (lines 3, 4, 5, 12, 13, 14, 19, 33, 34, 35, & 39)43 21,420,185 10,771,865 7,129,300 10,434,783 15,500,000 0 29,300,290 94,556,423 119,548,447 Beginning Fund Balance July 1 44 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 88,272,871 138,162,835 124,028,179 TOTAL REVENUES & BEGIN BALANCE (lines 45 30,918,426 26,193,391 10,112,226 15,206,085 32,715,969 0 117,573,161 232,719,258 243,576,626 EXPENDITURES SCHEDULE PAGE 1 City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GOVERNMENT ACTIVITIES GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE- ESTIMATED 2023 ACTUAL 2022 PUBLIC SAFETY Police Department/Crime Prevention 1 5,697,850 5,697,850 5,315,160 4,372,113 Jail 2 0 0 0 Emergency Management 3 5,700 5,700 21,950 34,358 Flood Control 4 0 0 0 Fire Department 5 1,556,270 1,556,270 1,265,420 1,091,749 Ambulance 6 3,414,160 3,414,160 2,626,560 2,386,532 Building Inspections 7 1,190,650 1,190,650 956,350 831,542 Miscellaneous Protective Services 8 0 0 0 Animal Control 9 31,500 31,500 31,000 7,983 Other Public Safety 10 920,000 920,000 732,000 623,941 TOTAL (lines 1 - 10)11 12,816,130 0 0 12,816,130 10,948,440 9,348,218 PUBLIC WORKS Roads, Bridges, & Sidewalks 12 3,350,020 3,350,020 3,226,035 21,527,493 Parking - Meter and Off-Street 13 0 0 0 Street Lighting 14 260,000 260,000 262,200 252,682 Traffic Control and Safety 15 81,500 81,500 226,500 787,441 Snow Removal 16 0 0 0 Highway Engineering 17 0 0 0 Street Cleaning 18 0 0 0 Airport 19 0 0 0 Garbage (if not Enterprise)20 0 0 0 Other Public Works 21 1,165,000 1,165,000 1,109,600 2,067,430 TOTAL (lines 12 - 21)22 1,165,000 3,691,520 0 4,856,520 4,824,335 24,635,046 HEALTH & SOCIAL SERVICES Welfare Assistance 23 0 0 0 City Hospital 24 0 0 0 Payments to Private Hospitals 25 0 0 0 Health Regulation and Inspection 26 0 0 0 Water, Air, and Mosquito Control 27 2,000 2,000 2,000 0 Community Mental Health 28 0 0 0 Other Health and Social Services 29 65,000 65,000 52,000 35,000 TOTAL (lines 23 - 29)30 67,000 0 0 67,000 54,000 35,000 CULTURE & RECREATION Library Services 31 1,519,550 1,519,550 1,382,440 1,183,565 Museum, Band and Theater 32 0 0 0 Parks 33 2,013,250 50,000 2,063,250 1,571,960 12,958,010 Recreation 34 1,135,950 1,135,950 917,440 1,098,274 Cemetery 35 0 0 0 Community Center, Zoo, & Marina 36 38,800 38,800 43,000 54,094 Other Culture and Recreation 37 40,000 40,000 28,000 36,674 TOTAL (lines 31 - 37)38 4,747,550 50,000 0 4,797,550 3,942,840 15,330,617 EXPENDITURES SCHEDULE PAGE 2 City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GOVERNMENT ACTIVITIES GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE- ESTIMATED 2023 ACTUAL 2022 COMMUNITY & ECONOMIC DEVELOPMENT Community Beautification 39 0 20,000 18,354 Economic Development 40 421,770 110,000 531,770 338,170 260,832 Housing and Urban Renewal 41 0 0 0 Planning & Zoning 42 640,930 640,930 646,120 380,692 Other Com & Econ Development 43 17,500 17,500 15,000 0 TIF Rebates 44 1,819,100 1,819,100 1,206,150 1,376,485 TOTAL (lines 39 - 44)45 1,080,200 0 1,929,100 0 3,009,300 2,225,440 2,036,363 GENERAL GOVERNMENT Mayor, Council, & City Manager 46 844,090 844,090 3,373,510 1,732,723 Clerk, Treasurer, & Finance Adm.47 587,760 587,760 465,780 164,218 Elections 48 7,500 7,500 1,600 0 Legal Services & City Attorney 49 135,000 135,000 150,000 107,510 City Hall & General Buildings 50 234,120 234,120 148,000 146,888 Tort Liability 51 0 0 0 Other General Government 52 523,100 523,100 424,740 469,097 TOTAL (lines 46 - 52)53 2,331,570 0 0 0 2,331,570 4,563,630 2,620,436 DEBT SERVICE 54 9,376,625 9,376,625 8,334,574 14,797,659 Gov Capital Projects 55 34,175,950 34,175,950 7,834,000 20,143 TIF Capital Projects 56 12,340,000 12,340,000 8,860,000 111,932 TOTAL CAPITAL PROJECTS 57 0 0 0 46,515,950 0 46,515,950 16,694,000 132,075 TOTAL Government Activities Expenditures (lines 11+22+30+38+45+53+54+57)58 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 83,770,645 51,587,259 68,935,414 BUSINESS TYPE ACTIVITIES Proprietary: Enterprise & Budgeted ISF Water Utility 59 5,058,320 5,058,320 4,780,810 4,911,161 Sewer Utility 60 2,333,320 2,333,320 2,128,510 3,356,390 Electric Utility 61 0 0 0 Gas Utility 62 8,885,720 8,885,720 7,967,360 8,335,879 Airport 63 0 0 0 Landfill/Garbage 64 1,878,500 1,878,500 1,718,400 1,636,665 Transit 65 0 0 0 Cable TV, Internet & Telephone 66 0 0 0 Housing Authority 67 0 0 0 Storm Water Utility 68 1,053,740 1,053,740 867,165 851,488 Other Business Type (city hosp., ISF, parking, etc.)69 1,198,400 1,198,400 1,119,660 1,012,351 Enterprise DEBT SERVICE 70 2,194,774 2,194,774 1,860,424 475,935 Enterprise CAPITAL PROJECTS 71 13,709,750 13,709,750 22,890,280 67,726 Enterprise TIF CAPITAL PROJECTS 72 0 0 0 TOTAL Business Type Expenditures (lines 59 - 72)73 36,312,524 36,312,524 43,332,609 20,647,595 TOTAL ALL EXPENDITURES (lines 58 + 73)74 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 36,312,524 120,083,169 94,919,868 89,583,009 Regular Transfers Out 75 4,109,569 175,941 282,313 4,567,823 8,729,998 5,547,299 Internal TIF Loan / Repayment Transfers Out 76 3,756,409 3,756,409 3,073,254 10,283,483 Total ALL Transfers Out 77 0 4,109,569 3,756,409 0 175,941 0 282,313 8,324,232 11,803,252 15,830,782 Total Expenditures & Fund Transfers Out (lines 74+77)78 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 36,594,837 128,407,401 106,723,120 105,413,791 Ending Fund Balance June 30 79 9,443,262 21,748,228 7,755,913 9,854,521 13,119,137 0 67,628,377 129,549,438 125,996,138 138,162,835 REVENUES DETAIL City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE-ESTIMATED 2023 ACTUAL 2022 REVENUES & OTHER FINANCING SOURCES Taxes Levied on Property 1 13,792,504 2,855,764 6,673,642 0 23,321,910 19,652,698 17,628,065 Less: Uncollected Property Taxes - Levy Year 2 0 0 0 Net Current Property Taxes (line 1 minus line 2)3 13,792,504 2,855,764 6,673,642 0 23,321,910 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 7,622,600 7,622,600 7,115,100 8,290,500 Other City Taxes: Utility Tax Replacement Excise Taxes 6 34,792 7,216 14,261 0 56,269 57,853 0 Utility francise tax (Iowa Code Chapter 364.2)7 0 0 0 Parimutuel wager tax 8 0 0 0 Gaming wager tax 9 0 0 0 Mobile Home Taxes 10 12,000 2,000 5,500 19,500 23,000 21,249 Hotel/Motel Taxes 11 130,000 130,000 36,000 128,358 Other Local Option Taxes 12 4,584,000 4,584,000 4,200,000 4,950,903 Subtotal - Other City Taxes (lines 6 thru 12)13 176,792 4,593,216 19,761 0 4,789,769 4,316,853 5,100,510 Licenses & Permits 14 2,164,450 5,000 2,169,450 2,166,980 3,962,254 Use of Money & Property 15 512,000 250,000 78,500 105,000 513,300 1,458,800 606,700 721,011 Intergovernmental: Federal Grants & Reimbursements 16 15,000 15,000 15,000 1,976,893 Road Use Taxes 17 3,025,000 3,025,000 3,025,000 3,132,454 Other State Grants & Reimbursements 18 315,290 81,900 147,000 544,190 152,000 2,413,552 Local Grants & Reimbursements 19 659,700 659,700 599,600 926,163 Subtotal - Intergovernmental (lines 16 thru 19)20 989,990 3,106,900 0 147,000 0 0 4,243,890 3,791,600 8,449,062 Charges for Fees & Service: Water Utility 21 7,946,200 7,946,200 7,541,140 8,130,084 Sewer Utility 22 7,159,000 7,159,000 6,602,000 8,999,757 Electric Utility 23 0 0 0 Gas Utility 24 11,465,500 11,465,500 10,571,500 11,380,169 Parking 25 0 0 0 Airport 26 0 0 0 Landfill/Garbage 27 1,652,500 1,652,500 1,682,500 1,596,284 Hospital 28 0 0 0 Transit 29 0 0 0 Cable TV, Internet & Telephone 30 0 0 0 Housing Authority 31 0 0 0 Storm Water Utility 32 1,581,000 1,581,000 1,353,000 1,394,238 Other Fees & Charges for Service 33 1,214,500 1,180,000 2,394,500 2,210,700 2,504,869 Subtotal - Charges for Service (lines 21 thru 33)34 1,214,500 0 0 0 0 30,984,200 32,198,700 29,960,840 34,005,401 Special Assessments 35 0 0 106,807 Miscellaneous 36 467,350 529,000 270,000 1,266,350 1,142,400 3,571,959 Other Financing Sources: Regular Operating Transfers In 37 2,910,000 1,657,823 4,567,823 8,729,998 5,547,299 Internal TIF Loan Transfers In 38 3,756,409 3,756,409 3,073,254 10,283,483 Subtotal ALL Operating Transfers In 39 2,910,000 0 0 5,414,232 0 0 0 8,324,232 11,803,252 15,830,782 Proceeds of Debt (Excluding TIF Internal Borrowing)40 46,565,000 46,565,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 41 0 0 166,835 Subtotal-Other Financing Sources (lines 38 thru 40)42 2,910,000 0 0 5,414,232 46,565,000 0 0 54,889,232 25,803,252 37,712,878 Total Revenues except for beginning fund balance (lines 3, 4, 5, 13, 14, 15, 20, 34, 35, 36, & 41)43 22,227,586 11,339,880 7,701,100 12,359,635 46,565,000 0 31,767,500 131,960,701 94,556,423 119,548,447 Beginning Fund Balance July 1 44 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 124,028,179 TOTAL REVENUES & BEGIN BALANCE (lines 42+43)45 31,650,712 29,599,317 13,441,422 19,231,146 59,811,028 0 104,223,214 257,956,839 232,719,258 243,576,626 ADOPTED BUDGET SUMMARY City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE-ESTIMATED 2023 ACTUAL 2022 Revenues & Other Financing Sources Taxes Levied on Property 1 13,792,504 2,855,764 6,673,642 0 23,321,910 19,652,698 17,628,065 Less: Uncollected Property Taxes-Levy Year 2 0 0 0 0 0 0 0 Net Current Property Taxes 3 13,792,504 2,855,764 6,673,642 0 23,321,910 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 0 0 0 0 TIF Revenues 5 7,622,600 7,622,600 7,115,100 8,290,500 Other City Taxes 6 176,792 4,593,216 19,761 0 4,789,769 4,316,853 5,100,510 Licenses & Permits 7 2,164,450 5,000 0 2,169,450 2,166,980 3,962,254 Use of Money and Property 8 512,000 250,000 78,500 105,000 0 0 513,300 1,458,800 606,700 721,011 Intergovernmental 9 989,990 3,106,900 0 147,000 0 0 4,243,890 3,791,600 8,449,062 Charges for Fees & Service 10 1,214,500 0 0 0 0 30,984,200 32,198,700 29,960,840 34,005,401 Special Assessments 11 0 0 0 0 0 0 0 106,807 Miscellaneous 12 467,350 529,000 0 0 0 270,000 1,266,350 1,142,400 3,571,959 Sub-Total Revenues 13 19,317,586 11,339,880 7,701,100 6,945,403 0 0 31,767,500 77,071,469 68,753,171 81,835,569 Other Financing Sources: Total Transfers In 14 2,910,000 0 0 5,414,232 0 0 0 8,324,232 11,803,252 15,830,782 Proceeds of Debt 15 0 0 0 0 46,565,000 0 46,565,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 16 0 0 0 0 0 0 0 0 0 166,835 Total Revenues and Other Sources 17 22,227,586 11,339,880 7,701,100 12,359,635 46,565,000 0 31,767,500 131,960,701 94,556,423 119,548,447 Expenditures & Other Financing Uses Public Safety 18 12,816,130 0 0 0 12,816,130 10,948,440 9,348,218 Public Works 19 1,165,000 3,691,520 0 0 4,856,520 4,824,335 24,635,046 Health and Social Services 20 67,000 0 0 0 67,000 54,000 35,000 Culture and Recreation 21 4,747,550 50,000 0 0 4,797,550 3,942,840 15,330,617 Community and Economic Development 22 1,080,200 0 1,929,100 0 3,009,300 2,225,440 2,036,363 General Government 23 2,331,570 0 0 0 2,331,570 4,563,630 2,620,436 Debt Service 24 0 0 0 9,376,625 0 9,376,625 8,334,574 14,797,659 Capital Projects 25 0 0 0 46,515,950 0 46,515,950 16,694,000 132,075 Total Government Activities Expenditures 26 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 83,770,645 51,587,259 68,935,414 Business Type Proprietray: Enterprise & ISF 27 36,312,524 36,312,524 43,332,609 20,647,595 Total Gov & Bus Type Expenditures 28 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 36,312,524 120,083,169 94,919,868 89,583,009 Total Transfers Out 29 0 4,109,569 3,756,409 0 175,941 0 282,313 8,324,232 11,803,252 15,830,782 Total ALL Expenditures/Fund Transfers Out 30 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 36,594,837 128,407,401 106,723,120 105,413,791 Excess Revenues & Other Sources Over 31 (Under) Expenditures/Transfers Out 32 20,136 3,488,791 2,015,591 2,983,010 -126,891 0 -4,827,337 3,553,300 -12,166,697 14,134,656 Beginning Fund Balance July 1 33 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 124,028,179 Ending Fund Balance June 30 34 9,443,262 21,748,228 7,755,913 9,854,521 13,119,137 0 67,628,377 129,549,438 125,996,138 138,162,835 LONG TERM DEBT SCHEDULE - LT DEBT1 GENERAL OBLIGATION BONDS, TIF BONDS, REVENUE BONDS, LOANS, LEASE-PURCHASE PAYMENTS Debt Name Amount of Issue Type of Debt Obligation Debt Resolution Number Principal Due FY Interest Due FY Total Obligation Due FY Bond Reg./ Paying Agent Fees Due FY Reductions due to Refinancing or Prepayment of Certified Debt Paid from Funds OTHER THAN Current Year Debt Service Taxes Amount Paid Current Year Debt Service Levy 2022A - GO/CIP 1 11,755,000 GO 2022-271 330,000 453,031 783,031 600 340,426 443,205 2021B - GO URB RENEWAL/CIP 2 19,760,000 GO 2021-440 300,000 600,813 900,813 600 0 901,413 2021A - GO/CIP 3 17,305,000 GO 2021-107 755,000 343,900 1,098,900 600 594,300 505,200 2020B - GO/LOST 4 9,155,000 GO 2020-425 385,000 295,000 680,000 600 680,600 0 2020A - GO/CIP 5 12,800,000 GO 2020-144 510,000 252,733 762,733 600 0 763,333 2019 - WDSM/ASHWORTH 28E 6 879,704 GO 2021-155 175,941 175,941 175,941 0 2019C - GO GOLF CARTS 7 125,000 GO 19-410 23,382 949 24,331 24,331 0 2019B - WATER REVENUE 8 2,040,000 NON-GO 19-302 120,000 58,650 178,650 600 179,250 0 2019A - GO/CIP 9 4,655,000 GO 19-300 345,000 123,150 468,150 600 190,750 278,000 2018C - SEWER REVENUE 10 3,565,000 NON-GO 18-212 155,000 106,790 261,790 600 262,390 0 2018B - WATER REVENUE 11 3,410,000 NON-GO 18-211 100,000 97,038 197,038 600 197,638 0 2018A - GO/LOST/CIP 12 19,775,000 GO 18-218 925,000 584,038 1,509,038 600 674,288 835,350 2017A - GO/CIP 13 13,940,000 GO 17-214 270,000 388,306 658,306 600 658,906 2016C - SEWER REVENUE 14 2,685,000 NON-GO 16-509 100,000 65,756 165,756 600 166,356 0 2016A - STORM WATER REVENUE 15 640,000 NON-GO 16-183 65,000 3,900 68,900 68,900 0 2015C - GO/CIP 16 7,340,000 GO 15-375 405,000 91,050 496,050 600 496,650 2015B - WATER REVENUE 17 1,450,000 NON-GO 15-206 125,000 15,900 140,900 600 141,500 0 2014A - GO/CIP 18 23,295,000 GO 14-326 1,415,000 390,246 1,805,246 600 0 1,805,846 2017 - SRF-SEWER 19 12,537,000 NON-GO 17-367 526,000 88,150 614,150 400 614,550 0 2018 - SRF-SEWER 20 2,948,000 NON-GO 18-247 114,000 38,800 152,800 400 153,200 0 2021 - GO/GOLF EQUIP LEASE 21 47,750 GO 2021-064 8,083 0 8,083 8,083 0 22 -0 0 23 -0 0 24 -0 0 25 -0 0 26 -0 0 27 -0 0 28 -0 0 29 -0 0 30 -0 0 TOTALS 7,152,406 3,998,200 11,150,606 9,800 0 4,472,503 6,687,903 LONG TERM DEBT SCHEDULE - GRAND TOTALS GENERAL OBLIGATION BONDS, TIF BONDS, REVENUE BONDS, LOANS, LEASE-PURCHASE PAYMENTS Principal Due FY 2024 Interest Due FY 2024 Total Obligation Due FY 2024 Bond Reg./ Paying Agent Fees Due FY 2024 Reductions due to Refinancing or Prepayment of Certified Debt Paid from Sources OTHER THAN Budget Year Debt Service Levy Amount Paid Budget Year Debt Service Levy GO - TOTAL 5,847,406 3,523,216 9,370,622 6,000 0 2,688,719 6,687,903 NON GO - TOTAL 1,305,000 474,984 1,779,984 3,800 0 1,783,784 0 GRAND - TOTAL 7,152,406 3,998,200 11,150,606 9,800 0 4,472,503 6,687,903 NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET Fiscal Year July 1, 2023 - June 30, 2024 City of: WAUKEE The City Council will conduct a public hearing on the proposed Budget at: (entered upon publish) Meeting Date: (entered upon publish) Meeting Time: (entered upon publish) 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 13.10000 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 (515) 978-7919 City Clerk/Finance Officer's NAME (entered upon publish) Budget FY 2024 Re-estimated FY 2023 Actual FY 2022 Revenues & Other Financing Sources Taxes Levied on Property 1 23,321,910 19,652,698 17,628,065 Less: Uncollected Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 23,321,910 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 7,622,600 7,115,100 8,290,500 Other City Taxes 6 4,789,769 4,316,853 5,100,510 Licenses & Permits 7 2,169,450 2,166,980 3,962,254 Use of Money and Property 8 1,458,800 606,700 721,011 Intergovernmental 9 4,243,890 3,791,600 8,449,062 Charges for Fees & Service 10 32,198,700 29,960,840 34,005,401 Special Assessments 11 0 0 106,807 Miscellaneous 12 1,266,350 1,142,400 3,571,959 Other Financing Sources 13 46,565,000 14,000,000 21,882,096 Transfers In 14 8,324,232 11,803,252 15,830,782 Total Revenues and Other Sources 15 131,960,701 94,556,423 119,548,447 Expenditures & Other Financing Uses Public Safety 16 12,816,130 10,948,440 9,348,218 Public Works 17 4,856,520 4,824,335 24,635,046 Health and Social Services 18 67,000 54,000 35,000 Culture and Recreation 19 4,797,550 3,942,840 15,330,617 Community and Economic Development 20 3,009,300 2,225,440 2,036,363 General Government 21 2,331,570 4,563,630 2,620,436 Debt Service 22 9,376,625 8,334,574 14,797,659 Capital Projects 23 46,515,950 16,694,000 132,075 Total Government Activities Expenditures 24 83,770,645 51,587,259 68,935,414 Business Type / Enterprises 25 36,312,524 43,332,609 20,647,595 Total ALL Expenditures 26 120,083,169 94,919,868 89,583,009 Transfers Out 27 8,324,232 11,803,252 15,830,782 Total ALL Expenditures/Transfers Out 28 128,407,401 106,723,120 105,413,791 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 29 3,553,300 -12,166,697 14,134,656 Beginning Fund Balance July 1 30 125,996,138 138,162,835 124,028,179 Ending Fund Balance June 30 31 129,549,438 125,996,138 138,162,835 Regular General levy FISCAL YEAR JULY 1, 2023 - JUNE 30, 2024 ADOPTION OF BUDGET AND CERTIFICATION OF CITY TAXES The City of : WAUKEE County Name: DALLAS COUNTY Adopted On: (entered upon adoption) Resolution: (entered upon adoption) The below-signed certifies that the City Council, on the date stated above, lawfully approved the named resolution adopting a budget for next fiscal year, as summarized on this and the supporting pages. With Gas & Electric Without Gas & Electric Regular 2a 1,704,154,708 2b 1,699,859,442 DEBT SERVICE 3a 2,014,428,494 3b 2,010,133,228 Ag Land 4a 7,871,001 City Number: 25-240 Last Official Census: 23,940 TAXES LEVIED Purpose Dollar Limit ENTER FIRE DISTRICT RATE BELOW Request with Utility Replacement Property Taxes Levied Rate 8.10000 5 13,803,653 13,768,861 43 8.10000 Non-Voted Other Permissible Levies Contract for use of Bridge 0.67500 6 0 44 0.00000 Opr & Maint publicly owned Transit 0.95000 7 0 45 0.00000 Rent, Ins. Maint of Civic Center Amt Nec 8 0 46 0.00000 Opr & Maint of City owned Civic Center 0.13500 9 0 47 0.00000 Planning a Sanitary Disposal Project 0.06750 10 0 48 0.00000 Aviation Authority (under sec.330A.15) 0.27000 11 0 49 0.00000 Levee Impr. fund in special charter city 0.06750 13 0 51 0.00000 Liability, property & self insurance costs Amt Nec 14 0 52 0.00000 Support of a Local Emerg.Mgmt.Comm. Amt Nec 462 0 465 0.00000 Voted Other Permissible Levies Instrumental/Vocal Music Groups 0.13500 15 0 53 0.00000 Memorial Building 0.81000 16 0 54 0.00000 Symphony Orchestra 0.13500 17 0 55 0.00000 Cultural & Scientific Facilities 0.27000 18 0 56 0.00000 County Bridge As Voted 19 0 57 0.00000 Missi or Missouri River Bridge Const. 1.35000 20 0 58 0.00000 Aid to a Transit Company 0.03375 21 0 59 0.00000 Maintain Institution received by gift/devise 0.20500 22 0 60 0.00000 City Emergency Medical District 1.00000 463 0 466 0.00000 Support Public Library 0.27000 23 0 61 0.00000 Unified Law Enforcement 1.50000 24 0 62 0.00000 Total General Fund Regular Levies (5 thru 24)25 13,803,653 13,768,861 Ag Land 3.00375 26 23,643 23,643 63 3.00375 Total General Fund Tax Levies (25 + 26)27 13,827,296 13,792,504 Special Revenue Levies Emergency (if general fund at levy limit) 0.27000 28 460,122 458,962 64 0.27000 Police & Fire Retirement Amt Nec 29 0 0.00000 FICA & IPERS (if general fund at levy limit) Amt Nec 30 0 0.00000 Other Employee Benefits Amt Nec 31 2,317,650 2,311,809 1.36000 Total Employee Benefit Levies (29,30,31)32 2,317,650 2,311,809 65 1.36000 Sub Total Special Revenue Levies (28+32)33 2,777,772 2,770,771 As Req With Gas & Elec Valuation Without Gas & Elec Valuation SSMID 1 0 0 34 0 66 0.00000 SSMID 2 0 0 35 0 67 0.00000 SSMID 3 0 0 36 0 68 0.00000 SSMID 4 0 0 37 0 69 0.00000 SSMID 5 0 0 555 0 565 0.00000 SSMID 6 0 0 556 0 566 0.00000 SSMID 7 0 0 1177 0 1179 0.00000 SSMID 8 0 0 1185 0 1187 0.00000 Total Special Revenue Levies 39 2,777,772 2,770,771 Debt Service Levy 76.10(6)Amt Nec 40 6,687,903 6,673,642 70 3.32000 Capital Projects (Capital Improv. Reserve)0.67500 41 0 71 0.00000 Total Property Taxes (27+39+40+41)42 23,292,971 23,236,917 72 13.05000 ( Signature )(Date)( County Auditor )(Date) NOTICE OF PUBLIC HEARING - CITY OF WAUKEE - PROPOSED PROPERTY TAX LEVY Fiscal Year July 1, 2023 - June 30, 2024 The City Council will conduct a public hearing on the proposed Fiscal Year City property tax levy as follows: Meeting Date:2/21/2023 Meeting Time:05:30 PM Meeting Location:Waukee City Hall - 230 W Hickman Rd, Waukee, IA or https://zoom.us/j/352651371 Meeting ID 352-651-371 or by phone: +1 646-558-8656 or +1 301-715-8592 At the public 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 City Council will publish notice and hold a hearing on the proposed city budget. City Website (if available) www.waukee.org City Telephone Number (515) 978-7919 Current Year Certified Property Tax 2022 - 2023 Budget Year Effective Property Tax 2023 - 2024 Budget Year Proposed Maximum Property Tax 2023 - 2024 Annual % CHG Regular Taxable Valuation 1,435,992,893 1,704,154,708 1,704,154,708 Tax Levies: Regular General 11,057,145 11,057,145 14,220,305 Contract for Use of Bridge 0 Opr & Maint Publicly Owned Transit 0 Rent, Ins. Maint. Of Non-Owned Civ. Ctr.0 Opr & Maint of City-Owned Civic Center 0 Planning a Sanitary Disposal Project 0 Liability, Property & Self-Insurance Costs 0 Support of Local Emer. Mgmt. Commission 0 Emergency 0 Police & Fire Retirement 0 FICA & IPERS 0 Other Employee Benefits 2,986,865 2,986,865 3,651,634 Total Tax Levy 14,044,010 14,044,010 17,871,939 27.25 Tax Rate 9.78000 8.24104 10.48727 Explanation of significant increases in the budget: This publication shows the MAXIMUM regular tax levy available to the City of $10.18 plus Debt Service Levy. The proposed FY24 budget presented to the City Council on Jan 30th recommends MAINTAINING the current levy of $9.78 plus $3.32 Debt Service for a total levy of $13.10 per $1,000. Increased revenues are necessary to cover annual wage & benefit rollups, staff additions, capital equipment and facility maintenance & repairs. Potential loss of revenue due to the State miscalculation of residential rollback prevents a tax reduction for FY24. If applicable, the above notice also available online at: FACEBOOK-cityofwaukeeiowa, waukeepolice, waukeefire, waukeepubliclibrary, waukeeparksandrecreation, sugarcreekgolfcourse, croneforwaukee, clarkforwaukee, waukeecitycouncilmancharliebottenberg, annabergmanpierceforwaukeecitycouncil, larrylyonforwaukee; TWITTER-cityofwaukee, waukeefire, waukeelibrary, waukeeparks_rec; INSTAGRAM-cityofwaukee, waukee_library; LINKEDIN-company/4860982; NEXTDOOR-pages/city-of-waukee; WEBSITE-www.waukee.org *Total city tax rate will also include voted general fund levy, debt service levy, and capital improvement reserve levy. **Budget year effective property tax rate is the rate that would be assessed for these levies if the dollars requested is not changed in the coming budget year FUND BALANCE City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT TOTAL GOVERNMENT PROPRIETARY GRAND TOTAL Annual Report FY 2022 Beginning Fund Balance July 1 1 7,534,372 11,232,052 5,841,627 2,919,202 22,211,317 0 49,738,570 74,289,609 124,028,179 Actual Revenues Except Beg Balance 2 18,913,109 11,411,442 8,853,419 16,649,759 28,024,972 0 83,852,701 35,695,746 119,548,447 Actual Expenditures Except End Balance 3 16,949,240 7,221,968 11,712,120 14,797,659 33,020,320 0 83,701,307 21,712,484 105,413,791 Ending Fund Balance June 30 4 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 49,889,964 88,272,871 138,162,835 Re-Estimated FY 2023 Beginning Fund Balance 5 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 49,889,964 88,272,871 138,162,835 Re-Est Revenues 6 21,420,185 10,771,865 7,129,300 10,434,783 15,500,000 0 65,256,133 29,300,290 94,556,423 Re-Est Expenditures 7 21,495,300 7,933,954 4,371,904 8,334,574 19,469,941 0 61,605,673 45,117,447 106,723,120 Ending Fund Balance 8 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 53,540,424 72,455,714 125,996,138 Budget FY 2024 Beginning Fund Balance 9 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 53,540,424 72,455,714 125,996,138 Revenues 10 22,227,586 11,254,672 7,701,100 12,359,635 46,565,000 0 100,107,993 31,767,500 131,875,493 Expenditures 11 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 91,812,564 36,594,837 128,407,401 Ending Fund Balance 12 9,443,262 21,663,020 7,755,913 9,854,521 13,119,137 0 61,835,853 67,628,377 129,464,230 RE-ESTIMATED EXPENDITURES SCHEDULE PAGE 1 City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 GOVERNMENT ACTIVITIES CONT.GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 PUBLIC SAFETY Police Department/Crime Prevention 1 5,315,160 5,315,160 4,372,113 Jail 2 0 0 Emergency Management 3 21,950 21,950 34,358 Flood Control 4 0 0 Fire Department 5 1,265,420 1,265,420 1,091,749 Ambulance 6 2,626,560 2,626,560 2,386,532 Building Inspections 7 956,350 956,350 831,542 Miscellaneous Protective Services 8 0 0 Animal Control 9 31,000 31,000 7,983 Other Public Safety 10 732,000 732,000 623,941 TOTAL (lines 1 - 10)11 10,948,440 0 0 10,948,440 9,348,218 PUBLIC WORKS Roads, Bridges, & Sidewalks 12 3,226,035 3,226,035 21,527,493 Parking - Meter and Off-Street 13 0 0 Street Lighting 14 262,200 262,200 252,682 Traffic Control and Safety 15 226,500 226,500 787,441 Snow Removal 16 0 0 Highway Engineering 17 0 0 Street Cleaning 18 0 0 Airport (if not Enterprise)19 0 0 Garbage (if not Enterprise)20 0 0 Other Public Works 21 1,109,600 1,109,600 2,067,430 TOTAL (lines 12 - 21)22 1,109,600 3,714,735 0 4,824,335 24,635,046 HEALTH & SOCIAL SERVICES Welfare Assistance 23 0 0 City Hospital 24 0 0 Payments to Private Hospitals 25 0 0 Health Regulation and Inspection 26 0 0 Water, Air, and Mosquito Control 27 2,000 2,000 0 Community Mental Health 28 0 0 Other Health and Social Services 29 52,000 52,000 35,000 TOTAL (lines 23 - 29)30 54,000 0 0 54,000 35,000 CULTURE & RECREATION Library Services 31 1,382,440 1,382,440 1,183,565 Museum, Band and Theater 32 0 0 Parks 33 1,521,960 50,000 1,571,960 12,958,010 Recreation 34 917,440 917,440 1,098,274 Cemetery 35 0 0 Community Center, Zoo, & Marina 36 43,000 43,000 54,094 Other Culture and Recreation 37 28,000 28,000 36,674 TOTAL (lines 31 - 37)38 3,892,840 50,000 0 3,942,840 15,330,617 RE-ESTIMATED EXPENDITURES SCHEDULE PAGE 2 City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 GOVERNMENT ACTIVITIES CONT.GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 COMMUNITY & ECONOMIC DEVELOPMENT Community Beautification 39 20,000 20,000 18,354 Economic Development 40 245,670 92,500 338,170 260,832 Housing and Urban Renewal 41 0 0 Planning & Zoning 42 646,120 646,120 380,692 Other Com & Econ Development 43 15,000 15,000 0 TIF Rebates 44 1,206,150 1,206,150 1,376,485 TOTAL (lines 39 - 44)45 926,790 0 1,298,650 0 2,225,440 2,036,363 GENERAL GOVERNMENT Mayor, Council, & City Manager 46 3,373,510 3,373,510 1,732,723 Clerk, Treasurer, & Finance Adm.47 465,780 465,780 164,218 Elections 48 1,600 1,600 0 Legal Services & City Attorney 49 150,000 150,000 107,510 City Hall & General Buildings 50 148,000 148,000 146,888 Tort Liability 51 0 0 Other General Government 52 424,740 424,740 469,097 TOTAL (lines 46 - 52)53 4,563,630 0 0 0 4,563,630 2,620,436 DEBT SERVICE 54 8,334,574 8,334,574 14,797,659 Gov Capital Projects 55 7,834,000 7,834,000 20,143 TIF Capital Projects 56 8,860,000 8,860,000 111,932 TOTAL CAPITAL PROJECTS 57 0 0 0 16,694,000 0 16,694,000 132,075 TOTAL Governmental Activities Expenditures (lines 11+22+30+38+44+52+53+54)58 21,495,300 3,764,735 1,298,650 8,334,574 16,694,000 0 51,587,259 68,935,414 BUSINESS TYPE ACTIVITIES Proprietary: Enterprise & Budgeted ISF Water Utility 59 4,780,810 4,780,810 4,911,161 Sewer Utility 60 2,128,510 2,128,510 3,356,390 Electric Utility 61 0 0 Gas Utility 62 7,967,360 7,967,360 8,335,879 Airport 63 0 0 Landfill/Garbage 64 1,718,400 1,718,400 1,636,665 Transit 65 0 0 Cable TV, Internet & Telephone 66 0 0 Housing Authority 67 0 0 Storm Water Utility 68 867,165 867,165 851,488 Other Business Type (city hosp., ISF, parking, etc.)69 1,119,660 1,119,660 1,012,351 Enterprise DEBT SERVICE 70 1,860,424 1,860,424 475,935 Enterprise CAPITAL PROJECTS 71 22,890,280 22,890,280 67,726 Enterprise TIF CAPITAL PROJECTS 72 0 0 TOTAL BUSINESS TYPE EXPENDITURES (lines 59+72)73 43,332,609 43,332,609 20,647,595 TOTAL ALL EXPENDITURES (lines 58+73)74 21,495,300 3,764,735 1,298,650 8,334,574 16,694,000 0 43,332,609 94,919,868 89,583,009 Regular Transfers Out 75 4,169,219 2,775,941 1,784,838 8,729,998 5,547,299 Internal TIF Loan Transfers Out 76 3,073,254 3,073,254 10,283,483 Total ALL Transfers Out 77 0 4,169,219 3,073,254 0 2,775,941 0 1,784,838 11,803,252 15,830,782 Total Expenditures and Other Fin Uses (lines 74+77)78 21,495,300 7,933,954 4,371,904 8,334,574 19,469,941 0 45,117,447 106,723,120 105,413,791 Ending Fund Balance June 30 79 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 RE-ESTIMATED REVENUES DETAIL City Name: WAUKEE Fiscal Year July 1, 2022 - June 30, 2023 REVENUES & OTHER FINANCING SOURCES GENERAL SPECIAL REVENUE TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY RE-ESTIMATED 2023 ACTUAL 2022 Taxes Levied on Property 1 11,044,650 2,977,679 5,630,369 19,652,698 17,628,065 Less: Uncollected Property Taxes - Levy Year 2 0 0 Net Current Property Taxes (line 1 minus line 2)3 11,044,650 2,977,679 5,630,369 0 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 TIF Revenues 5 7,115,100 7,115,100 8,290,500 Other City Taxes: Utility Tax Replacement Excise Taxes 6 34,005 9,186 14,662 57,853 0 Utility francise tax (Iowa Code Chapter 364.2)7 0 0 Parimutuel wager tax 8 0 0 Gaming wager tax 9 0 0 Mobile Home Taxes 10 14,000 3,500 5,500 23,000 21,249 Hotel/Motel Taxes 11 36,000 36,000 128,358 Other Local Option Taxes 12 4,200,000 4,200,000 4,950,903 Subtotal - Other City Taxes (lines 6 thru 12)13 84,005 4,212,686 20,162 0 4,316,853 5,100,510 Licenses & Permits 14 2,161,980 5,000 2,166,980 3,962,254 Use of Money & Property 15 386,100 25,000 14,200 11,000 170,400 606,700 721,011 Intergovernmental: Federal Grants & Reimbursements 16 15,000 15,000 1,976,893 Road Use Taxes 17 3,025,000 3,025,000 3,132,454 Other State Grants & Reimbursements 18 70,000 12,000 70,000 152,000 2,413,552 Local Grants & Reimbursements 19 599,600 599,600 926,163 Subtotal - Intergovernmental (lines 16 thru 19)20 684,600 3,037,000 0 70,000 0 0 3,791,600 8,449,062 Charges for Fees & Service: Water Utility 21 7,541,140 7,541,140 8,130,084 Sewer Utility 22 6,602,000 6,602,000 8,999,757 Electric Utility 23 0 0 Gas Utility 24 10,571,500 10,571,500 11,380,169 Parking 25 0 0 Airport 26 0 0 Landfill/Garbage 27 1,682,500 1,682,500 1,596,284 Hospital 28 0 0 Transit 29 0 0 Cable TV, Internet & Telephone 30 0 0 Housing Authority 31 0 0 Storm Water Utility 32 1,353,000 1,353,000 1,394,238 Other Fees & Charges for Service 33 1,139,950 1,070,750 2,210,700 2,504,869 Subtotal - Charges for Service (lines 21 thru 33)34 1,139,950 0 0 0 0 28,820,890 29,960,840 34,005,401 Special Assessments 35 0 106,807 Miscellaneous 36 318,900 514,500 309,000 1,142,400 3,571,959 Other Financing Sources: Regular Operating Transfers In 37 5,600,000 1,629,998 1,500,000 8,729,998 5,547,299 Internal TIF Loan Transfers In 38 3,073,254 3,073,254 10,283,483 Subtotal ALL Operating Transfers In 39 5,600,000 0 0 4,703,252 1,500,000 0 0 11,803,252 15,830,782 Proceeds of Debt (Excluding TIF Internal Borrowing)40 14,000,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 41 0 166,835 Subtotal-Other Financing Sources (lines 36 thru 38)42 5,600,000 0 0 4,703,252 15,500,000 0 0 25,803,252 37,712,878 Total Revenues except for beginning fund balance (lines 3, 4, 5, 12, 13, 14, 19, 33, 34, 35, & 39)43 21,420,185 10,771,865 7,129,300 10,434,783 15,500,000 0 29,300,290 94,556,423 119,548,447 Beginning Fund Balance July 1 44 9,498,241 15,421,526 2,982,926 4,771,302 17,215,969 0 88,272,871 138,162,835 124,028,179 TOTAL REVENUES & BEGIN BALANCE (lines 45 30,918,426 26,193,391 10,112,226 15,206,085 32,715,969 0 117,573,161 232,719,258 243,576,626 EXPENDITURES SCHEDULE PAGE 1 City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GOVERNMENT ACTIVITIES GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE- ESTIMATED 2023 ACTUAL 2022 PUBLIC SAFETY Police Department/Crime Prevention 1 5,697,850 5,697,850 5,315,160 4,372,113 Jail 2 0 0 0 Emergency Management 3 5,700 5,700 21,950 34,358 Flood Control 4 0 0 0 Fire Department 5 1,556,270 1,556,270 1,265,420 1,091,749 Ambulance 6 3,414,160 3,414,160 2,626,560 2,386,532 Building Inspections 7 1,190,650 1,190,650 956,350 831,542 Miscellaneous Protective Services 8 0 0 0 Animal Control 9 31,500 31,500 31,000 7,983 Other Public Safety 10 920,000 920,000 732,000 623,941 TOTAL (lines 1 - 10)11 12,816,130 0 0 12,816,130 10,948,440 9,348,218 PUBLIC WORKS Roads, Bridges, & Sidewalks 12 3,350,020 3,350,020 3,226,035 21,527,493 Parking - Meter and Off-Street 13 0 0 0 Street Lighting 14 260,000 260,000 262,200 252,682 Traffic Control and Safety 15 81,500 81,500 226,500 787,441 Snow Removal 16 0 0 0 Highway Engineering 17 0 0 0 Street Cleaning 18 0 0 0 Airport 19 0 0 0 Garbage (if not Enterprise)20 0 0 0 Other Public Works 21 1,165,000 1,165,000 1,109,600 2,067,430 TOTAL (lines 12 - 21)22 1,165,000 3,691,520 0 4,856,520 4,824,335 24,635,046 HEALTH & SOCIAL SERVICES Welfare Assistance 23 0 0 0 City Hospital 24 0 0 0 Payments to Private Hospitals 25 0 0 0 Health Regulation and Inspection 26 0 0 0 Water, Air, and Mosquito Control 27 2,000 2,000 2,000 0 Community Mental Health 28 0 0 0 Other Health and Social Services 29 65,000 65,000 52,000 35,000 TOTAL (lines 23 - 29)30 67,000 0 0 67,000 54,000 35,000 CULTURE & RECREATION Library Services 31 1,519,550 1,519,550 1,382,440 1,183,565 Museum, Band and Theater 32 0 0 0 Parks 33 2,013,250 50,000 2,063,250 1,571,960 12,958,010 Recreation 34 1,135,950 1,135,950 917,440 1,098,274 Cemetery 35 0 0 0 Community Center, Zoo, & Marina 36 38,800 38,800 43,000 54,094 Other Culture and Recreation 37 40,000 40,000 28,000 36,674 TOTAL (lines 31 - 37)38 4,747,550 50,000 0 4,797,550 3,942,840 15,330,617 EXPENDITURES SCHEDULE PAGE 2 City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GOVERNMENT ACTIVITIES GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE- ESTIMATED 2023 ACTUAL 2022 COMMUNITY & ECONOMIC DEVELOPMENT Community Beautification 39 0 20,000 18,354 Economic Development 40 421,770 110,000 531,770 338,170 260,832 Housing and Urban Renewal 41 0 0 0 Planning & Zoning 42 640,930 640,930 646,120 380,692 Other Com & Econ Development 43 17,500 17,500 15,000 0 TIF Rebates 44 1,819,100 1,819,100 1,206,150 1,376,485 TOTAL (lines 39 - 44)45 1,080,200 0 1,929,100 0 3,009,300 2,225,440 2,036,363 GENERAL GOVERNMENT Mayor, Council, & City Manager 46 844,090 844,090 3,373,510 1,732,723 Clerk, Treasurer, & Finance Adm.47 587,760 587,760 465,780 164,218 Elections 48 7,500 7,500 1,600 0 Legal Services & City Attorney 49 135,000 135,000 150,000 107,510 City Hall & General Buildings 50 234,120 234,120 148,000 146,888 Tort Liability 51 0 0 0 Other General Government 52 523,100 523,100 424,740 469,097 TOTAL (lines 46 - 52)53 2,331,570 0 0 0 2,331,570 4,563,630 2,620,436 DEBT SERVICE 54 9,376,625 9,376,625 8,334,574 14,797,659 Gov Capital Projects 55 34,175,950 34,175,950 7,834,000 20,143 TIF Capital Projects 56 12,340,000 12,340,000 8,860,000 111,932 TOTAL CAPITAL PROJECTS 57 0 0 0 46,515,950 0 46,515,950 16,694,000 132,075 TOTAL Government Activities Expenditures (lines 11+22+30+38+45+53+54+57)58 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 83,770,645 51,587,259 68,935,414 BUSINESS TYPE ACTIVITIES Proprietary: Enterprise & Budgeted ISF Water Utility 59 5,058,320 5,058,320 4,780,810 4,911,161 Sewer Utility 60 2,333,320 2,333,320 2,128,510 3,356,390 Electric Utility 61 0 0 0 Gas Utility 62 8,885,720 8,885,720 7,967,360 8,335,879 Airport 63 0 0 0 Landfill/Garbage 64 1,878,500 1,878,500 1,718,400 1,636,665 Transit 65 0 0 0 Cable TV, Internet & Telephone 66 0 0 0 Housing Authority 67 0 0 0 Storm Water Utility 68 1,053,740 1,053,740 867,165 851,488 Other Business Type (city hosp., ISF, parking, etc.)69 1,198,400 1,198,400 1,119,660 1,012,351 Enterprise DEBT SERVICE 70 2,194,774 2,194,774 1,860,424 475,935 Enterprise CAPITAL PROJECTS 71 13,709,750 13,709,750 22,890,280 67,726 Enterprise TIF CAPITAL PROJECTS 72 0 0 0 TOTAL Business Type Expenditures (lines 59 - 72)73 36,312,524 36,312,524 43,332,609 20,647,595 TOTAL ALL EXPENDITURES (lines 58 + 73)74 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 36,312,524 120,083,169 94,919,868 89,583,009 Regular Transfers Out 75 4,109,569 175,941 282,313 4,567,823 8,729,998 5,547,299 Internal TIF Loan / Repayment Transfers Out 76 3,756,409 3,756,409 3,073,254 10,283,483 Total ALL Transfers Out 77 0 4,109,569 3,756,409 0 175,941 0 282,313 8,324,232 11,803,252 15,830,782 Total Expenditures & Fund Transfers Out (lines 74+77)78 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 36,594,837 128,407,401 106,723,120 105,413,791 Ending Fund Balance June 30 79 9,443,262 21,663,020 7,755,913 9,854,521 13,119,137 0 67,628,377 129,464,230 125,996,138 138,162,835 REVENUES DETAIL City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE-ESTIMATED 2023 ACTUAL 2022 REVENUES & OTHER FINANCING SOURCES Taxes Levied on Property 1 13,792,504 2,770,771 6,673,642 0 23,236,917 19,652,698 17,628,065 Less: Uncollected Property Taxes - Levy Year 2 0 0 0 Net Current Property Taxes (line 1 minus line 2)3 13,792,504 2,770,771 6,673,642 0 23,236,917 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 7,622,600 7,622,600 7,115,100 8,290,500 Other City Taxes: Utility Tax Replacement Excise Taxes 6 34,792 7,001 14,261 0 56,054 57,853 0 Utility francise tax (Iowa Code Chapter 364.2)7 0 0 0 Parimutuel wager tax 8 0 0 0 Gaming wager tax 9 0 0 0 Mobile Home Taxes 10 12,000 2,000 5,500 19,500 23,000 21,249 Hotel/Motel Taxes 11 130,000 130,000 36,000 128,358 Other Local Option Taxes 12 4,584,000 4,584,000 4,200,000 4,950,903 Subtotal - Other City Taxes (lines 6 thru 12)13 176,792 4,593,001 19,761 0 4,789,554 4,316,853 5,100,510 Licenses & Permits 14 2,164,450 5,000 2,169,450 2,166,980 3,962,254 Use of Money & Property 15 512,000 250,000 78,500 105,000 513,300 1,458,800 606,700 721,011 Intergovernmental: Federal Grants & Reimbursements 16 15,000 15,000 15,000 1,976,893 Road Use Taxes 17 3,025,000 3,025,000 3,025,000 3,132,454 Other State Grants & Reimbursements 18 315,290 81,900 147,000 544,190 152,000 2,413,552 Local Grants & Reimbursements 19 659,700 659,700 599,600 926,163 Subtotal - Intergovernmental (lines 16 thru 19)20 989,990 3,106,900 0 147,000 0 0 4,243,890 3,791,600 8,449,062 Charges for Fees & Service: Water Utility 21 7,946,200 7,946,200 7,541,140 8,130,084 Sewer Utility 22 7,159,000 7,159,000 6,602,000 8,999,757 Electric Utility 23 0 0 0 Gas Utility 24 11,465,500 11,465,500 10,571,500 11,380,169 Parking 25 0 0 0 Airport 26 0 0 0 Landfill/Garbage 27 1,652,500 1,652,500 1,682,500 1,596,284 Hospital 28 0 0 0 Transit 29 0 0 0 Cable TV, Internet & Telephone 30 0 0 0 Housing Authority 31 0 0 0 Storm Water Utility 32 1,581,000 1,581,000 1,353,000 1,394,238 Other Fees & Charges for Service 33 1,214,500 1,180,000 2,394,500 2,210,700 2,504,869 Subtotal - Charges for Service (lines 21 thru 33)34 1,214,500 0 0 0 0 30,984,200 32,198,700 29,960,840 34,005,401 Special Assessments 35 0 0 106,807 Miscellaneous 36 467,350 529,000 270,000 1,266,350 1,142,400 3,571,959 Other Financing Sources: Regular Operating Transfers In 37 2,910,000 1,657,823 4,567,823 8,729,998 5,547,299 Internal TIF Loan Transfers In 38 3,756,409 3,756,409 3,073,254 10,283,483 Subtotal ALL Operating Transfers In 39 2,910,000 0 0 5,414,232 0 0 0 8,324,232 11,803,252 15,830,782 Proceeds of Debt (Excluding TIF Internal Borrowing)40 46,565,000 46,565,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 41 0 0 166,835 Subtotal-Other Financing Sources (lines 38 thru 40)42 2,910,000 0 0 5,414,232 46,565,000 0 0 54,889,232 25,803,252 37,712,878 Total Revenues except for beginning fund balance (lines 3, 4, 5, 13, 14, 15, 20, 34, 35, 36, & 41)43 22,227,586 11,254,672 7,701,100 12,359,635 46,565,000 0 31,767,500 131,875,493 94,556,423 119,548,447 Beginning Fund Balance July 1 44 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 124,028,179 TOTAL REVENUES & BEGIN BALANCE (lines 42+43)45 31,650,712 29,514,109 13,441,422 19,231,146 59,811,028 0 104,223,214 257,871,631 232,719,258 243,576,626 ADOPTED BUDGET SUMMARY City Name: WAUKEE Fiscal Year July 1, 2023 - June 30, 2024 GENERAL SPECIAL REVENUES TIF SPECIAL REVENUES DEBT SERVICE CAPITAL PROJECTS PERMANENT PROPRIETARY BUDGET 2024 RE-ESTIMATED 2023 ACTUAL 2022 Revenues & Other Financing Sources Taxes Levied on Property 1 13,792,504 2,770,771 6,673,642 0 23,236,917 19,652,698 17,628,065 Less: Uncollected Property Taxes-Levy Year 2 0 0 0 0 0 0 0 Net Current Property Taxes 3 13,792,504 2,770,771 6,673,642 0 23,236,917 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 0 0 0 0 TIF Revenues 5 7,622,600 7,622,600 7,115,100 8,290,500 Other City Taxes 6 176,792 4,593,001 19,761 0 4,789,554 4,316,853 5,100,510 Licenses & Permits 7 2,164,450 5,000 0 2,169,450 2,166,980 3,962,254 Use of Money and Property 8 512,000 250,000 78,500 105,000 0 0 513,300 1,458,800 606,700 721,011 Intergovernmental 9 989,990 3,106,900 0 147,000 0 0 4,243,890 3,791,600 8,449,062 Charges for Fees & Service 10 1,214,500 0 0 0 0 30,984,200 32,198,700 29,960,840 34,005,401 Special Assessments 11 0 0 0 0 0 0 0 106,807 Miscellaneous 12 467,350 529,000 0 0 0 270,000 1,266,350 1,142,400 3,571,959 Sub-Total Revenues 13 19,317,586 11,254,672 7,701,100 6,945,403 0 0 31,767,500 76,986,261 68,753,171 81,835,569 Other Financing Sources: Total Transfers In 14 2,910,000 0 0 5,414,232 0 0 0 8,324,232 11,803,252 15,830,782 Proceeds of Debt 15 0 0 0 0 46,565,000 0 46,565,000 14,000,000 21,715,261 Proceeds of Capital Asset Sales 16 0 0 0 0 0 0 0 0 0 166,835 Total Revenues and Other Sources 17 22,227,586 11,254,672 7,701,100 12,359,635 46,565,000 0 31,767,500 131,875,493 94,556,423 119,548,447 Expenditures & Other Financing Uses Public Safety 18 12,816,130 0 0 0 12,816,130 10,948,440 9,348,218 Public Works 19 1,165,000 3,691,520 0 0 4,856,520 4,824,335 24,635,046 Health and Social Services 20 67,000 0 0 0 67,000 54,000 35,000 Culture and Recreation 21 4,747,550 50,000 0 0 4,797,550 3,942,840 15,330,617 Community and Economic Development 22 1,080,200 0 1,929,100 0 3,009,300 2,225,440 2,036,363 General Government 23 2,331,570 0 0 0 2,331,570 4,563,630 2,620,436 Debt Service 24 0 0 0 9,376,625 0 9,376,625 8,334,574 14,797,659 Capital Projects 25 0 0 0 46,515,950 0 46,515,950 16,694,000 132,075 Total Government Activities Expenditures 26 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 83,770,645 51,587,259 68,935,414 Business Type Proprietray: Enterprise & ISF 27 36,312,524 36,312,524 43,332,609 20,647,595 Total Gov & Bus Type Expenditures 28 22,207,450 3,741,520 1,929,100 9,376,625 46,515,950 0 36,312,524 120,083,169 94,919,868 89,583,009 Total Transfers Out 29 0 4,109,569 3,756,409 0 175,941 0 282,313 8,324,232 11,803,252 15,830,782 Total ALL Expenditures/Fund Transfers Out 30 22,207,450 7,851,089 5,685,509 9,376,625 46,691,891 0 36,594,837 128,407,401 106,723,120 105,413,791 Excess Revenues & Other Sources Over 31 (Under) Expenditures/Transfers Out 32 20,136 3,403,583 2,015,591 2,983,010 -126,891 0 -4,827,337 3,468,092 -12,166,697 14,134,656 Beginning Fund Balance July 1 33 9,423,126 18,259,437 5,740,322 6,871,511 13,246,028 0 72,455,714 125,996,138 138,162,835 124,028,179 Ending Fund Balance June 30 34 9,443,262 21,663,020 7,755,913 9,854,521 13,119,137 0 67,628,377 129,464,230 125,996,138 138,162,835 LONG TERM DEBT SCHEDULE - LT DEBT1 GENERAL OBLIGATION BONDS, TIF BONDS, REVENUE BONDS, LOANS, LEASE-PURCHASE PAYMENTS Debt Name Amount of Issue Type of Debt Obligation Debt Resolution Number Principal Due FY Interest Due FY Total Obligation Due FY Bond Reg./ Paying Agent Fees Due FY Reductions due to Refinancing or Prepayment of Certified Debt Paid from Funds OTHER THAN Current Year Debt Service Taxes Amount Paid Current Year Debt Service Levy 2022A - GO/CIP 1 11,755,000 GO 2022-271 330,000 453,031 783,031 600 340,426 443,205 2021B - GO URB RENEWAL/CIP 2 19,760,000 GO 2021-440 300,000 600,813 900,813 600 0 901,413 2021A - GO/CIP 3 17,305,000 GO 2021-107 755,000 343,900 1,098,900 600 594,300 505,200 2020B - GO/LOST 4 9,155,000 GO 2020-425 385,000 295,000 680,000 600 680,600 0 2020A - GO/CIP 5 12,800,000 GO 2020-144 510,000 252,733 762,733 600 0 763,333 2019 - WDSM/ASHWORTH 28E 6 879,704 GO 2021-155 175,941 175,941 175,941 0 2019C - GO GOLF CARTS 7 125,000 GO 19-410 23,382 949 24,331 24,331 0 2019B - WATER REVENUE 8 2,040,000 NON-GO 19-302 120,000 58,650 178,650 600 179,250 0 2019A - GO/CIP 9 4,655,000 GO 19-300 345,000 123,150 468,150 600 190,750 278,000 2018C - SEWER REVENUE 10 3,565,000 NON-GO 18-212 155,000 106,790 261,790 600 262,390 0 2018B - WATER REVENUE 11 3,410,000 NON-GO 18-211 100,000 97,038 197,038 600 197,638 0 2018A - GO/LOST/CIP 12 19,775,000 GO 18-218 925,000 584,038 1,509,038 600 674,288 835,350 2017A - GO/CIP 13 13,940,000 GO 17-214 270,000 388,306 658,306 600 658,906 2016C - SEWER REVENUE 14 2,685,000 NON-GO 16-509 100,000 65,756 165,756 600 166,356 0 2016A - STORM WATER REVENUE 15 640,000 NON-GO 16-183 65,000 3,900 68,900 68,900 0 2015C - GO/CIP 16 7,340,000 GO 15-375 405,000 91,050 496,050 600 496,650 2015B - WATER REVENUE 17 1,450,000 NON-GO 15-206 125,000 15,900 140,900 600 141,500 0 2014A - GO/CIP 18 23,295,000 GO 14-326 1,415,000 390,246 1,805,246 600 0 1,805,846 2017 - SRF-SEWER 19 12,537,000 NON-GO 17-367 526,000 88,150 614,150 400 614,550 0 2018 - SRF-SEWER 20 2,948,000 NON-GO 18-247 114,000 38,800 152,800 400 153,200 0 2021 - GO/GOLF EQUIP LEASE 21 47,750 GO 2021-064 8,083 0 8,083 8,083 0 22 -0 0 23 -0 0 24 -0 0 25 -0 0 26 -0 0 27 -0 0 28 -0 0 29 -0 0 30 -0 0 TOTALS 7,152,406 3,998,200 11,150,606 9,800 0 4,472,503 6,687,903 LONG TERM DEBT SCHEDULE - GRAND TOTALS GENERAL OBLIGATION BONDS, TIF BONDS, REVENUE BONDS, LOANS, LEASE-PURCHASE PAYMENTS Principal Due FY 2024 Interest Due FY 2024 Total Obligation Due FY 2024 Bond Reg./ Paying Agent Fees Due FY 2024 Reductions due to Refinancing or Prepayment of Certified Debt Paid from Sources OTHER THAN Budget Year Debt Service Levy Amount Paid Budget Year Debt Service Levy GO - TOTAL 5,847,406 3,523,216 9,370,622 6,000 0 2,688,719 6,687,903 NON GO - TOTAL 1,305,000 474,984 1,779,984 3,800 0 1,783,784 0 GRAND - TOTAL 7,152,406 3,998,200 11,150,606 9,800 0 4,472,503 6,687,903 NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET Fiscal Year July 1, 2023 - June 30, 2024 City of: WAUKEE The City Council will conduct a public hearing on the proposed Budget at: Waukee City Hall - 230 W Hickman Rd, Waukee, IA or https://zoom.us /j/352651371 Meeting ID 352-651-371 or by phone: +1 646-558-8656 or +1 301-715-8592 Meeting Date: 4/17/2023 Meeting Time: 05:30 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 13.05000 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 (515) 978-7919 City Clerk/Finance Officer's NAME Linda Burkhart, Finance Director Budget FY 2024 Re-estimated FY 2023 Actual FY 2022 Revenues & Other Financing Sources Taxes Levied on Property 1 23,236,917 19,652,698 17,628,065 Less: Uncollected Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 23,236,917 19,652,698 17,628,065 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 7,622,600 7,115,100 8,290,500 Other City Taxes 6 4,789,554 4,316,853 5,100,510 Licenses & Permits 7 2,169,450 2,166,980 3,962,254 Use of Money and Property 8 1,458,800 606,700 721,011 Intergovernmental 9 4,243,890 3,791,600 8,449,062 Charges for Fees & Service 10 32,198,700 29,960,840 34,005,401 Special Assessments 11 0 0 106,807 Miscellaneous 12 1,266,350 1,142,400 3,571,959 Other Financing Sources 13 46,565,000 14,000,000 21,882,096 Transfers In 14 8,324,232 11,803,252 15,830,782 Total Revenues and Other Sources 15 131,875,493 94,556,423 119,548,447 Expenditures & Other Financing Uses Public Safety 16 12,816,130 10,948,440 9,348,218 Public Works 17 4,856,520 4,824,335 24,635,046 Health and Social Services 18 67,000 54,000 35,000 Culture and Recreation 19 4,797,550 3,942,840 15,330,617 Community and Economic Development 20 3,009,300 2,225,440 2,036,363 General Government 21 2,331,570 4,563,630 2,620,436 Debt Service 22 9,376,625 8,334,574 14,797,659 Capital Projects 23 46,515,950 16,694,000 132,075 Total Government Activities Expenditures 24 83,770,645 51,587,259 68,935,414 Business Type / Enterprises 25 36,312,524 43,332,609 20,647,595 Total ALL Expenditures 26 120,083,169 94,919,868 89,583,009 Transfers Out 27 8,324,232 11,803,252 15,830,782 Total ALL Expenditures/Transfers Out 28 128,407,401 106,723,120 105,413,791 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 29 3,468,092 -12,166,697 14,134,656 Beginning Fund Balance July 1 30 125,996,138 138,162,835 124,028,179 Ending Fund Balance June 30 31 129,464,230 125,996,138 138,162,835