ANKENY CITY COUNCIL

City Council Agenda

March 6, 2023
5 : 30 PM
Mark Holm, Mayor
Bobbi Bentz, Mayor Pro tem
Council Members: Jeff Perry, Joe Ruddy, Todd Shafer, Kelly Stearns
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ORIGINATING DEPARTMENT: COUNCIL GOAL:
City Manager Exercise Financial Discipline
ACTION REQUESTED:
Motion
LEGAL:
No Review Required
SUBJECT:

Proposed Amendment of Current City Budget for Fiscal Year July 1, 2022 - June 30, 2023

Set Public Hearing Date
EXECUTIVE SUMMARY:

The FY 2023 budget amendment includes the following changes:

  • Amended revenues include increases in hotel/motel taxes, interest income, capital grants, water usage fees and the timing of proceeds from the issuance of Water SRF Notes.
  • Amended expenditures include increases related to inflation (e.g. costs of goods and services), hotel/motel tax commitments, public safety overtime, vehicle repairs and maintenance and the timing of capital projects.
FISCAL IMPACT: Yes
Overall, the budget amendment includes the use of an additional $13,894,596 in ending fund balance at June 30, 2023.
CITY MANAGER'S RECOMMENDATIONS:
Recommend setting a public hearing on the proposed amendment of current city budget for fiscal year July 1, 2022 - June 30, 2023 for March 20, 2023 at 5:30 p.m.
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
Notice of public hearing will be published in the Des Moines Register on March 10, 2023.
ACTION REQUESTED:

Action: <span style="background-color: #ffffff; text-align: -webkit-left;">Consider motion to set a public hearing on an Amendment of Current City Budget for Fiscal Year July 1, 2022 - June 30, 2023 and direct City Clerk to publish notice of such hearing (date of hrg: 3/20/23 @ 5:30 p.m.).</span>
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Notice of Public Hearing