Details for CITY OF MASON CITY - Ad from 2021-05-05

NOTICE OF PUBLIC HEARING - AMENDMENT OF CURRENT BUDGET
MASON CITY
Fiscal Year July 1, 2020 - June 30, 2021
The City of MASON CITY will conduct a public hearing for the purpose of amending the current budget for fiscal year ending
June 30, 2021
Meeting Date/Time: 5/18/2021 07:00 PM

Contact: Aaron Burnett

Phone: (641) 421-3600

Meeting Location: Mason City Room - Public Library
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.
Total Budget
Total Budget
as Certified
Current
REvENUEs & OTHER FINANCING sOURCEs
After Current
or Last
Amendment
Amendment
Amended
Taxes Levied on Property
1
16,806,291
0
16,806,291
Less: Uncollected Delinquent Taxes - Levy Year
2
0
0
0
Net Current Property Taxes
3
16,806,291
0
16,806,291
Delinquent Property Taxes Revenue
4
0
0
0
TIF Revenues
5
2,035,807
0
2,035,807
Other City Taxes
6
5,914,364
0
5,914,364
Licenses & Permits
7
563,975
0
563,975
Use of Money & Property
8
643,222
0
643,222
Intergovernmental
9
11,723,852
0
11,723,852
Charges for Service
10
16,753,928
0
16,753,928
Special Assessments
11
0
0
0
Miscellaneous
12
5,575,181
1,460,426
7,035,607
Other Financing Sources
13
14,730,725
0
14,730,725
Transfers In
14
7,769,242
0
7,769,242
Total Revenues & Other sources
15
82,516,587
1,460,426
83,977,013
ExPENDITUREs & OTHER FINANCING UsEs
Public Safety
16
11,671,141
516,464
12,187,605
Public Works
17
4,133,531
692,600
4,826,131
Health and Social Services
18
396,578
28,620
425,198
Culture and Recreation
19
4,018,850
283,130
4,301,980
Community and Economic Development
20
4,103,020
264,296
4,367,316
General Government
21
6,554,005
88,340
6,642,345
Debt Service
22
7,027,428
1,187,400
8,214,828
Capital Projects
23
23,985,888
0
23,985,888
Total Government Activities Expenditures
24
61,890,441
3,060,850
64,951,291
Business Type/Enterprises
25
17,255,929
845,363
18,101,292
Total Gov Activities & Business Expenditures
26
79,146,370
3,906,213
83,052,583
Transfers Out
27
7,769,242
0
7,769,242
Total Expenditures/Transfers Out
28
86,915,612
3,906,213
90,821,825
Excess Revenues & Other sources Over
29
-4,399,025
-2,445,787
-6,844,812
(Under) Expenditures/Transfers Out
Beginning Fund Balance July 1, 2020
30
41,792,773
0
41,792,773
Ending Fund Balance June 30, 2021
31
37,393,748
-2,445,787
34,947,961
Explanation of Changes: Police Equipment, demolitions, park improvements, museum artwork, paving projects, traffic signal
upgrade, transit design study, Blue Sky Solar Project, debt service, sanitation, ambulance operating, arena operating, cemetery
improvements

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