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Set Public Hearing Date for Fiscal Year 2023 City Budget and Operating and Captial Improvement Program_InitiateCity of Dubuque City Council Meeting Copyrighted March 21, 2022 Items to be set for Public Hearing # 4. ITEM TITLE: Set Public Hearing Date for Fiscal Year 2023 City Budget and Operating and Capital Improvement Program SUMMARY: City Manager recommending the City Council set a public hearing for March 29, 2022, on the Fiscal Year 2023 City budget, operating and capital improvement program, for the City of Dubuque. RESOLUTION Setting the date for the public hearing on the Fiscal Year 2023 Budget for the City of Dubuque RESOLUTION Setting the date for the public hearing on the Five -Year Capital Improvement Program for Fiscal Years 2023 Through 2027 for the City of Dubuque SUGGESTED Receive and File; Adopt Resolution(s), set Public Hearings for March 29, DISPOSITION: 2022Suggested Disposition: ATTACHMENTS: Description MVM Memo Staff Memo FY23 Operating Budget Resolution FY23 Capital Budget Resolution FY23 Budget Notice of Public Hearing Type City Manager Memo Staff Memo Resolutions Resolutions Supporting Documentation THE C DUUB-.'*-TE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Set Public Hearing on Fiscal Year 2023 City Budget DATE: March 17, 2022 Dubuque All -America City wtiix?tia ov 2007-2012.2013 2017*2019 Director of Finance and Budget Jennifer Larson recommends that the City Council set a public hearing for March 29, 2022, on the Fiscal Year 2023 City budget, operating and capital improvement program, for the City of Dubuque. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Director of Finance and Budget THE C DUUB-.'*-TE Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Budget Director SUBJECT: Set Public Hearing on FY 2023 City Budget DATE: March 17, 2022 INTRODUCTION Dubuque All -America City wtiix?tia ov 2007-2012.2013 2017*2019 The purpose of this memorandum is to submit two resolutions setting the public hearing in connection with the adoption of the Fiscal Year 2023 City budget. The publication of official notices for the public hearing will be published on March 19, 2022, to meet Iowa Code minimum publication requirements. DISCUSSION The public hearing on the Fiscal Year 2023 City budget will be conducted in the City Council Chambers at 350 W. 6t" St and virtually at 6:30 p.m. on Tuesday, March 29, 2022. The public hearing will also cover the adoption of the Five -Year Capital Improvement Program for Fiscal Years 2023-2027. The final budget approval cannot exceed the maximum property tax resolution for Fiscal Year 2023 adopted by City Council at the February 16, 2022 public hearing. State law requires a public hearing on the Operating Budget and the Five -Year Capital Improvement Program. ACTION STEP The action step is for City Council to adopt the two resolutions setting the public hearing on the Fiscal Year 2023 City budget, operating and capital improvement program, for the City of Dubuque. JML Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Prepared by Jennifer Larson, Director of Finance and Budget 50 W. 1311 St. Dubuque IA 52001 (563) 589-4322 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 1311 St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 96-22 SETTING THE DATE FOR THE PUBLIC HEARING ON THE FISCAL YEAR 2023 BUDGET FOR THE CITY OF DUBUQUE Whereas, Iowa Code Section 384.16 provides that the City Council shall set a time and place for a public hearing on the Fiscal Year 2023 budget before the final budget certification date and shall publish notice before the hearing as provided in Iowa Code Section 384.16. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City Council shall conduct a public hearing on the proposed Fiscal Year 2023 budget for the City of Dubuque in the City Council Chambers and virtually on Tuesday, March 29, 2022, beginning at 6:30 p.m. Passed, approved and adopted this 21It day of March 2022. Attest: Adrienne N. Breitfelder, City Clerk Prepared by Jennifer Larson Director of Finance and Budget 50 W. 131" St Dubuque IA 52001 (563) 589-4322 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 1311 St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 97-22 SETTING THE DATE FOR THE PUBLIC HEARING ON THE FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEARS 2023 THROUGH 2O27 FOR THE CITY OF DUBUQUE Whereas, a proposed Five -Year Capital Improvement Program for the City of Dubuque for Fiscal Years 2023 through 2027 has been prepared and submitted to the City Council; and Whereas, the capital projects for the first year of the program are included in the Fiscal Year 2023 budget for the City of Dubuque; and Whereas, it is deemed to be in the best interest of the City of Dubuque to conduct a public hearing and adopt the five-year Capital Improvement Program simultaneously with the public hearing and adoption of the Fiscal Year 2023 budget for the City of Dubuque. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City Council shall conduct a public hearing on the five-year Capital Improvement Program for Fiscal Years 2023 through 2027 in the City Council Chambers and virtually on Tuesday, March 29, 2022, beginning at 6:30 p.m. Passed, approved and adopted this 21st day of March 2022. 0wro �_ ��/ ELVArA! ..LTA P-771801il Attest: Adrienne Breitfelder, City Clerk 3/17/22, 3:33 PM Local Government Property Valuation System NOTICE OF PUBLIC HEARING -- PROPOSED BUDGET Fiscal Year July 1, 2022 - June 30, 2023 City of. DUBUQUE The City Council will conduct a public hearing on the proposed Budget at: City Council Chambers, 350 W 6th St. and Virtual Meeting Date: 3/29/2022 Meeting Time: 06:30 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 Ilaps://dom.iowa.gov/local-gov-aappeals. 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 9.80652 The estimated tax levy rate per 1000 valuation on Agricultural land is 3.0035 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 City Clerk/Finance Officer's NAM (563) 589-4322 Jennifer Larson Budget FY 2023 Re -estimated FY 2022 Actual FY 2021 Revenues & Other Financing Sources Taxes Levied on Property 1 25,810,415 25,530,416 26,301,256 Less: Uncollected Property Taxes -Levy Year 2 0 0 0 Net Current Property Taxes 3 25,810,415 25,530,416 26,301,256 Delinquent Property Taxes 41 0 0 238,844 TIF Revenues 5 12,965,223 11,666,215 11,882,103 Other City Taxes 6 23,121,705 20,772,861 19,025,822 Licenses & Permits 7 2,030,903 1,955,835 1,891,115 Use of Money and Property 8 17,047,376 16,020,342 16,020,198 Intergovernmental 9 49,824,373 74,091,099 54,802,818 Charges for Fees & Service 10 51,581,648 46,174,996 39,337,422 Special Assessments 11 184,524 187,000 127,541 Miscellaneous 12 8,686,423 9,565,013 17,284,576 Other Financing Sources 13 17,845,215 24,319,150 53,711,619 Transfers In 14 43,292,114 45,320,544 30,341,201 Total Revenues and Other Sources 15 252,389,919 275,603,471 270,964,515 Expenditures & Other Financing Uses Public Safety 16 34,578,299 33,033,215 29,069,881 Public Works 17 14,734,385 15,775,516 15,720,259 Health and Social Services 18 1,159,831 1,061,734 975,605 Culture and Recreation 19 15,151,001 15,471,326 11,388,713 Community and Economic Development 20 16,920,238 16,582,489 14,663,750 General Government 21 12,724,078 12,603,680 9,830,893 Debt Service 22 11,764,376 9,804,328 27,720,075 Capital Projects 23 47,526,473 76,651,741 23,471,562 Total Government Activities Expenditures 24 154,558,681 180,984,029 132,840,738 Business Type / Enterprises 25 66,990,253 87,877,411 65,702,186 Total ALL Expenditures 26 221,548,934 268,861,440 198,542,924 Transfers Out 27 43,292,114 45,320,544 30,341,201 Total ALL Expenditures/Transfers Out 28 264,841,048 314,181,984 228,884,125 Excess Revenues & Other Sources Over (Under) Expenditures/Transfers Out 29 -12,451,129 -38,578,513 42,080,390 Beginning Fund Balance July 1 30 83,973,157 122,551,670 80,471,280 Ending Fund Balance June 30 31 71,522,0281 83,973,157 122,551,670 https:Hdom-localgov.iowa.gov/budget-renderer?id=10422 1/2 3/17/22, 3:33 PM Local Government Property Valuation System https:Hdom-localgov.iowa.gov/budget-renderer?id=10422 2/2