CITY OF LOYAL - recordgleaner_20231101_trg-2023-11-01-0-014_art_5.xml
CITY OF LOYAL NOTICE OF BUDGET HEARING On Tuesday, Nov. 21, 2023, the Common Council of the City of Loyal will meet at the Loyal City Hall, at 6:15 p.m., for the purpose of hearing citizens or taxpayers’ comments on the proposed city budgets for 2024. Summary of the general, water, and wastewater budgets are published herewith and copies ___________________________________________________________________________________________________ normal business hours. All interested citizens or taxpayers are encouraged to attend and comment. Shannon Toufar, clerk FUND CODE: 10 - GENERAL FUND 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET Taxes 834,113.08 857,365.26 857,365.26 935,108.41 9.07% SpecialAssessments 1,999.52 15,500.00 15,500.00 5,000.00 -67.74% IntergovernmentalRevenues 645,625.05 536,993.79 518,499.30 622,587.67 20.07% LicensesandPermits 11,857.48 16,750.00 18,750.00 18,250.00 -2.67% Fines, Forfeits & Penalties 6,721.30 7,800.00 7,625.00 7,625.00 0.00% PublicChargesForServices 4,633.00 14,633.25 9,100.00 9,100.00 0.00% MiscellaneousRevenue 117,488.87 86,425.68 96,700.00 97,500.00 0.83% Other Financing Sources 300,000.00 0.00 0.00 9,100.00 0.00% TotalRevenues(Fund#10) 1,922,438.30 1,535,467.98 1,523,539.56 1,704,271.08 11.86% GeneralGovernment 223,676.32 288,093.71 213,038.77 243,269.08 14.19% PublicSafety 609,690.66 532,550.53 537,602.07 564,906.78 5.08% PublicWorks 428,379.93 510,081.61 530,595.42 569,833.08 7.40% Health & Human Services 1,394.00 988.61 2,650.00 2,650.00 0.00% Culture,Recreation& Education 89,196.14 88,324.55 97,178.30 116,263.14 19.64% Conservation Development 6,186.50 750.00 750.00 750.00 0.00% DebtService 114,128.97 114,678.97 141,725.00 206,599.00 45.77% Total Expenditure (Fund #10) 1,472,652.52 1,535,467.98 1,523,539.56 1,704,271.08 11.86% *First nine months actual and last three months estimated. TOTAL 2024 ANTICIPATED REVENUES 1,644,771.08 TOTAL LIBRARY FUND EXPENDITURES 59,500.00 1,704,271.08 LESS 2024 ON HAND 1,053,361.67 LESS CASH ON HAND 0.00 AMOUNT NEEDED FOR 2023 LEVY 650,909.41 FUND CODE: 62 - WATER UTILITY 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET PublicChg.ForServices 354,562.57 425,661.58 463,485.24 475,654.68 2.63% Miscellaneous Revenue 69,557.10 8,000.00 6,500.00 2,500.00 -61.54% Total Revenues 424,119.67 433,661.58 469,985.24 478,154.68 1.74% OtherPublicServices 435,241.21 362,856.33 389,179.99 397,349.43 2.10% DebtService 0.00 70,805.25 80,805.25 80,805.25 0.00% Total Expenditures 435,241.21 433,661.58 469,985.24 478,154.68 1.74% TOTAL EXPENDITURES 478,154.68 2024 ANTICIPATED REVENUES 478,154.68 FUND CODE: 82 - WASTEWATER UTILITY 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET PublicChg.ForServices 309,469.55 385,744.58 466,828.46 466,828.46 0.00% MiscellaneousRevenue 15,411.20 59,363.51 42,080.00 51,080.00 21.39% Total Revenues 324,880.75 445,108.09 508,908.46 517,908.46 1.77% OtherPublicServices 361,442.08 424,413.83 472,008.46 478,008.46 1.27% DebtService 14,154.51 20,694.26 36,900.00 39,900.00 0.00% Cash Variation 0.00 0.00 0.00 0.00% Total Expenditures 375,596.59 445,108.09 508,908.46 517,908.46 1.77% WNAXLP TOTAL EXPENDITURES 517,908.46 2024 ANTICIPATED REVENUES 517,908.46 *First nine months actual and last three months are estimated. 144120 CITY OF LOYAL NOTICE OF BUDGET HEARING On Tuesday, Nov. 21, 2023, the Common Council of the City of Loyal will meet at the Loyal City Hall, at 6:15 p.m., for the purpose of hearing citizens or taxpayers’ comments on the proposed city budgets for 2024. Summary of the general, water, and wastewater budgets are published herewith and copies ___________________________________________________________________________________________________ normal business hours. All interested citizens or taxpayers are encouraged to attend and comment. Shannon Toufar, clerk FUND CODE: 10 - GENERAL FUND 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET Taxes 834,113.08 857,365.26 857,365.26 935,108.41 9.07% SpecialAssessments 1,999.52 15,500.00 15,500.00 5,000.00 -67.74% IntergovernmentalRevenues 645,625.05 536,993.79 518,499.30 622,587.67 20.07% LicensesandPermits 11,857.48 16,750.00 18,750.00 18,250.00 -2.67% Fines, Forfeits & Penalties 6,721.30 7,800.00 7,625.00 7,625.00 0.00% PublicChargesForServices 4,633.00 14,633.25 9,100.00 9,100.00 0.00% MiscellaneousRevenue 117,488.87 86,425.68 96,700.00 97,500.00 0.83% Other Financing Sources 300,000.00 0.00 0.00 9,100.00 0.00% TotalRevenues(Fund#10) 1,922,438.30 1,535,467.98 1,523,539.56 1,704,271.08 11.86% GeneralGovernment 223,676.32 288,093.71 213,038.77 243,269.08 14.19% PublicSafety 609,690.66 532,550.53 537,602.07 564,906.78 5.08% PublicWorks 428,379.93 510,081.61 530,595.42 569,833.08 7.40% Health & Human Services 1,394.00 988.61 2,650.00 2,650.00 0.00% Culture,Recreation& Education 89,196.14 88,324.55 97,178.30 116,263.14 19.64% Conservation Development 6,186.50 750.00 750.00 750.00 0.00% DebtService 114,128.97 114,678.97 141,725.00 206,599.00 45.77% Total Expenditure (Fund #10) 1,472,652.52 1,535,467.98 1,523,539.56 1,704,271.08 11.86% *First nine months actual and last three months estimated. TOTAL 2024 ANTICIPATED REVENUES 1,644,771.08 TOTAL LIBRARY FUND EXPENDITURES 59,500.00 1,704,271.08 LESS 2024 ON HAND 1,053,361.67 LESS CASH ON HAND 0.00 AMOUNT NEEDED FOR 2023 LEVY 650,909.41 FUND CODE: 62 - WATER UTILITY 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET PublicChg.ForServices 354,562.57 425,661.58 463,485.24 475,654.68 2.63% Miscellaneous Revenue 69,557.10 8,000.00 6,500.00 2,500.00 -61.54% Total Revenues 424,119.67 433,661.58 469,985.24 478,154.68 1.74% OtherPublicServices 435,241.21 362,856.33 389,179.99 397,349.43 2.10% DebtService 0.00 70,805.25 80,805.25 80,805.25 0.00% Total Expenditures 435,241.21 433,661.58 469,985.24 478,154.68 1.74% TOTAL EXPENDITURES 478,154.68 2024 ANTICIPATED REVENUES 478,154.68 FUND CODE: 82 - WASTEWATER UTILITY 2022 2023 2024 ACTUAL PROJECTED 2023 PROPOSED %CHANGE YEAR-END YEAR-END BUDGET BUDGET INBUDGET PublicChg.ForServices 309,469.55 385,744.58 466,828.46 466,828.46 0.00% MiscellaneousRevenue 15,411.20 59,363.51 42,080.00 51,080.00 21.39% Total Revenues 324,880.75 445,108.09 508,908.46 517,908.46 1.77% OtherPublicServices 361,442.08 424,413.83 472,008.46 478,008.46 1.27% DebtService 14,154.51 20,694.26 36,900.00 39,900.00 0.00% Cash Variation 0.00 0.00 0.00 0.00% Total Expenditures 375,596.59 445,108.09 508,908.46 517,908.46 1.77% WNAXLP TOTAL EXPENDITURES 517,908.46 2024 ANTICIPATED REVENUES 517,908.46 *First nine months actual and last three months are estimated. 144120
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