Fiscal Year 2023 Second Budget Amendment Copyrighted
May 1, 2023
City of Dubuque Items to be set for Public Hearing #
City Council Meeting 04.
ITEM TITLE: Fiscal Year2023 Second BudgetAmendment
SUM MARY: City Manager recommending the second Fiscal Year 2023 Budget
Amendment be set for public hearing for May 15, 2023.
RESOLUTION Setting the date for the Public Hearing on Amendment
No. 2 to the Fiscal Year 2023 Budget for the City of Dubuque
SUGGESTED Receive and File;Adopt Resolution(s), Set Public Hearing for May 15,
DISPOSITION: 2023Suggested Disposition:
ATTACHMENTS:
Description Type
MVM Memo City Manager Memo
Staff Memo Staff Memo
Resolution Resolutions
Notice of Public Hearing Supporting Documentation
Dubuque
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TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fiscal Year 2023 Second Budget Amendment
DATE: April 26, 2023
Chief Financial Officer Jennifer Larson is recommending the second Fiscal Year 2023
Budget Amendment be set for public hearing for May 15, 2023.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Michael C. Van Milligen
MCVM/jml
Attachment
cc: Crenna Brumwell, City Attorney
Cori Burbach, Assistant City Manager
Jennifer Larson, Chief Financial Officer
Dubuque
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TO: Michael C. Van Milligen, City Manager
FROM: Jennifer Larson, Chief Financial Officer
SUBJECT: Fiscal Year 2023 Second Budget Amendment
DATE: April 26, 2023
The purpose of this memorandum is to present a summary of the action items approved by
City Council throughout the year subject to a future budget amendment and to set the
public hearing date for the formal budget amendment process as required by Section
384.16 of the Code of lowa.
This budget amendment includes items, which have been authorized by City Council since
the first amendment to the Fiscal Year 2023 budget was adopted in October 2022 and
adjustments to reflect new grants and reallocation of funding. A decrease in interFund
transfers of $1,039,765 is also included.
The amendment totals $2,970,333 in increased appropriation authority and an increase in
resources of$1,487,822.
Additional revenues added in this amendment with offsetting appropriations are:
• 14'" Street Overpass Federal Grant ($2,280,000),
• DRA Private Contribution for 14t" Street Overpass ($750,000),
• Schmitt Island Trail Federal Grant ($615,000),
• Airport Construct Solar PV System Federal Grant ($306,543),
• AmeriCorps Grants ($51,974) and related Private Participation ($27,657),
• Economic Mobility and Opportunity Cohort Grant ($35,000),
• Public Works Asphalt Milling Reimbursements ($110,670),
• Housing Trust Fund Grant ($88,691),
• Library General Gift Trust ($75,113).
Reduced revenues reflected in this amendment with offsetting reductions in appropriations
include:
• US 52/Central Traffic Implementation State Grants (-$143,810) reduced to actual,
• Housing Choice Vouchers (-$439,795) reduced to actual,
• New Downtown Ramp Bond Proceeds (-$2,186,822) project delayed.
This amendment includes an increase of$344,248 for Community Development Block
Grant (CDBG) related programs. The increase in CDBG programs include Lincoln
Elementary Wellness Program ($148,708), Vacant Abandoned Buildings ($359), Housing
Administration ($69,220), Low/Moderate Income Parks ($30,306), and Aquaponic Grants
($95,655). Decreases in CDBG programs include Target Area (-$1,963), Property Rehab (-
$121,176), Housing Grants (-$16,649), Low/Moderate Income Park Equipment (-
$148,709), Central Avenue Corridor (-$20,252), Purchase Resale/Rehab (-$3,875), Credit
Repair Loans (-$100,001), Broadband (-$100,000), IEDA St. John's (-$244,787), City
Manager's Office (-$80,000).
This amendment also includes $152,425 in Community Development Block Grant CARES
Act funds for Four Mounds Build Dubuque grants.
In addition, this amendment corrects the budget for Sewer CCTV Inspection, Force Main
Air Release Project, and Cedar/Terminal Assessments by adding the expenditure
appropriation budget to offset the State Revolving Fund Loan revenue budget
($1,247,303).
The action step is for City Council to adopt the attached resolution setting the public
hearing date for the formal budget amendment process as required by State law. The
attached resolution authorizes the City Clerk to publish notification for a public hearing to
be held May 15, 2023.
Attachments
JML
2
RESOLUTION NO, 129-23
SETTING THE DATE FOR THE PUBLIC HEARING ON AMENDMENT NO. 2 TO 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 amendments to the budget and publish notice before the
hearing as provided in Iowa Code Section 362.3.
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 proposed
Amendment No. 2 to the Fiscal Year 2023 budget for the City of Dubuque at the City Council
Chambers at the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, on Monday,
May 15, 2023, beginning at 6:30 p.m.
Section 2. That the City Clerk be and is hereby authorized and directed to publish
notice of the public hearing, according to law, together with the required budget information.
Passed, approved, and adopted this 1st day of May 2023.
B,ad . Cavanagh, Mayor
Attest:
Trish Gleason, assistant City Clerk
NOTICE OF PUBLIC HEARING-AMENDMENT OF CURRENT BUDGET
City of DUBUQUE
Fiscal Year Jul 1,2022-June 30,2023
The Cit of DUBUQUE will conduct a ublic hearin for the ur ose of amendin the current bud et for fiscal ear endin June 30,2023
Meetin Date/Time:5/15/2023 06:30 PM Contact:Jennifer Larson Phone: 563 589-4398
Meetin Location:Cit Council Chambers at the Historic Federal Buildin ,350 West 6th Street, Dubu ue, lowa
There will be no increase in taxes.Any residents or taxpayers will be heard for or against the proposed amendment at the time and place specified above.A
detailed statement of:additional receipts,cash balances on hand at the close of the preceding fiscal year,and proposed disbursements, both past and
anticipated,will be available at the hearing.Budget amendments are subject to protest. If protest petition requirements are met,the State Appeal Board will
hold a local hearin . For more information,consult htt s://dom.iowa. ov/local- ov-a eals.
Total Budget Current Total Budget After
REVENUES&OTHER FINANCING SOURCES as Certified Amendment Current Amendment
or Last Amended
Taxes Levied on Property 1 25,574,621 0 25,574,621
Less: Uncollected Delinquent Taxes-Levy Year 2 0 0 0
Net Current Propert Tax 3 25,574,621 0 25,574,621
Delinquent Property Tax Revenue 4 0 0 0
TIF Revenues 5 12,965,223 0 12,965,223
OtherCit Taxes 6 23,115,778 0 23,115,778
Licenses&Permits 7 2,030,903 0 2,030,903
Use of Mone &Propert 8 17,083,716 0 17,083,716
Inter overnmental 9 74,245,447 2,818,072 77,063,519
Char esforService 10 51,581,648 0 51,581,648
Special Assessments 11 184,524 0 184,524
Miscellaneous 12 10,323,926 856,572 11,180,498
OtherFinancin Sources 13 27,811,579 -2,186,822 25,624,757
Transfers In 14 61,175,973 -1,039,765 60,136,208
Total Revenues&Other Sources 15 306,093,338 448,057 306,541,395
EXPENDITURES&OTHER FINANCING USES
Public Safety 16 35,458,346 117,065 35,575,411
Public Works 17 17,699,585 -21,811 17,677,774
Health and Social Services 18 1,084,405 3,186 1,087,591
Culture and Recreation 19 18,365,497 195,405 18,560,902
Communit and Economic Development 20 16,941,286 -441,471 16,499,815
General Government 21 14,393,111 0 14,393,111
Debt Service 22 11,764,376 0 11,764,376
Capital Pro�ects 23 125,564,458 1,581,898 127,146,356
Total Government Activities Expenditures 24 241,271,064 1,434,272 242,705,336
BusinessT pe/Enterprise 25 91,997,072 1,816,034 93,813,106
Total Gov Activities&Business Expenditures 26 333,268,136 3,250,306 336,518,442
Transfers Out 27 61,175,973 -1,039,765 60,136,208
Total Expenditures/Transfers Out 28 394,444,109 2,210,541 396,654,650
Excess Revenues&Other Sources Over 2g -88,350,771 -1,762,484 -90,113,255
Under Ex enditures/Transfers Out
Be innin Fund Balance Jul 1,2022 30 179,887,926 0 179,887,926
Endin Fund Balance June 30,2023 31 91,537,155 -1,762,484 89,774,671
Explanation of Changes:This amendment adds additional revenue from grants received,private funding,and the appropriation to spend the monies.
Ad�ustment to reflect actual bud et of pro�ects.
04/26/2023 03:33 PM Paae 1 of 1