Special City Council

CITY OF WEST BURLINGTON Special City Council Meeting Wednesday, February 23, 2022 - 6:00 PM West Burlington City Hall 122 Broadway Street TENTATIVE AGENDA CALL TO ORDER ROLL CALL PERFECTING & APPROVAL OF AGENDA PUBLIC HEARING 1. Council will hold a Public Hearing on establishing the Maximum Tax Dollars to Levy for Fiscal Year 2022-2023 Max Levy Resolution - Memo Proposed - Max Levy Resolution FY22-23 NEW BUSINESS 1. Consider a Resolution setting the Max Levy for Fiscal Year 2022-2023 Proposed - Max Levy Resolution FY22-23 2. Consider a Resolution setting Public Hearing date on the Proposed Budget for Fiscal Year 2022-2023 Proposed - Setting Public Hearing Fiscal 2022 - 2023 Budget CITIZEN INQUIRIES ADJOURN WORK SESSION Council will hold a Budget Work Session following the regular meeting to discuss the Budget for Fiscal Year 2022-2023. Page 1 of 5 Agenda Item #1. MEMORANDUM TO: Mayor Teater and City Council DATE: Feb 23, 2022 FROM: City Administrator Mandsager SUBJECT: Maximum Levy Resolution In 2019, Legislation passed that requires cities to hold two Public Hearings in connection with the budget process. The first Public Hearing is to set the Maximum Levy. The second Public Hearing will adopt the Budget for Fiscal Year 2022-2023. The notice that was published assumes a Fiscal Year 2022-2023 levy rate of $9.72/$1,000 of assessed value. Please note that the actual levy rate as budgeted for FY 2022-2023 is $10.00/$1,000 which includes a .28 Debt Service Levy. However, this amount is not included at this time until the debt is actually issued next week. The State limits the amount of revenue a city can receive from year to year to 2% more than what was received in the previous year. The city can exceed the 2% if a Resolution is passed by a super majority of the council. Cities not needing to exceed the 2% threshold can approve the resolution by simple majority. This year the Maximum property tax dollars that can be collected from the current levies is $1,747,587 at the $9.72/$1,000 rate. This is a decrease of 1.58%. However, the actual total levy will generate $1,764,731 at the $10.00/$1,000 tax rate. This is an increase of 0.618 percent. As a reminder, we have discussed that this increase will be more than offset by the proposed decrease in water rates. This resolution does not set the levy rate for Fiscal Year 2022-2023, that will be done when Council approves the final budget for Fiscal Year 2022-2023. This resolution just sets the maximum property tax dollars that can be levied. Page 2 of 5 Agenda Item #1. RESOLUTION NO. 2022 - RESOLUTION APPROVING THE MAXIMUM TAX DOLLARS FROM CERTAIN LEVIES FOR THE CITY’S PROPOSED FISCAL YEAR 2022-2023 BUDGET WHEREAS, the City Council of West Burlington, Iowa is preparing the annual budget for the Fiscal Year 2022-2023; and WHEREAS, the City Council of the City of West Burlington has considered the proposed Fiscal Year 2022-2023 maximum property tax dollars for the affected levy total: and WHEREAS, a notice concerning the proposed city maximum property tax dollars from certain levies was published as required and posted on the city web site and social media accounts as required; and WHEREAS, a public hearing concerning the city maximum property tax dollars for the affected levy total was held at the City Council meeting on February 23, 2022, at 6:00 p.m. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of West Burlington, that the maximum property tax dollars for the affected tax levies for Fiscal Year 2022-2023 shall not exceed $1,747,587 which does represent an increase of greater than 102% from the maximum property tax dollars requested for FY22. AYES: NAYS: WHEREUPON, the Mayor declared the Resolution duly adopted. APPROVED AND ADOPTED, this 23rd day of February 2022. __________________________ Ron Teater, Mayor ATTEST: _______________________________ Kelly D. Fry, City Clerk Page 3 of 5 Agenda Item #1. RESOLUTION NO. 2022 - RESOLUTION APPROVING THE MAXIMUM TAX DOLLARS FROM CERTAIN LEVIES FOR THE CITY’S PROPOSED FISCAL YEAR 2022-2023 BUDGET WHEREAS, the City Council of West Burlington, Iowa is preparing the annual budget for the Fiscal Year 2022-2023; and WHEREAS, the City Council of the City of West Burlington has considered the proposed Fiscal Year 2022-2023 maximum property tax dollars for the affected levy total: and WHEREAS, a notice concerning the proposed city maximum property tax dollars from certain levies was published as required and posted on the city web site and social media accounts as required; and WHEREAS, a public hearing concerning the city maximum property tax dollars for the affected levy total was held at the City Council meeting on February 23, 2022, at 6:00 p.m. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of West Burlington, that the maximum property tax dollars for the affected tax levies for Fiscal Year 2022-2023 shall not exceed $ 179,833,216 which does represent an increase of greater than 102% from the maximum property tax dollars requested for FY22. AYES: NAYS: WHEREUPON, the Mayor declared the Resolution duly adopted. APPROVED AND ADOPTED, this 23rd day of February 2022. __________________________ Ron Teater, Mayor ATTEST: _______________________________ Kelly D. Fry, City Clerk Page 4 of 5 Agenda Item #2. RESOLUTION NO. 2022 - A RESOLUTION SETTING A PUBLIC HEARING ON THE CITY’S PROPOSED BUDGET FOR FISCAL YEAR 2022-2023 BE IT HEREBY RESOLVED, by the City Council of West Burlington, Iowa, that a Public Hearing will be held at a Regular Meeting on March 16, 2022 at 6:00 p.m. The purpose of the hearing will be to consider the proposed budget for Fiscal Year 2022-2023. BE IT FURTHER RESOLVED that the Finance Manager is hereby directed to cause to be published a notice of said hearing not be less than ten nor more than twenty days before the hearing date as required by the Code of Iowa. Council Member moved the foregoing Resolution be adopted. Council Member seconded the motion to adopt. Members of the City Council of the City of West Burlington, Iowa voted as follows to adopt the Resolution: AYES: NAYS: Passed and approved this day of , 2022. Ron Teater, Mayor ATTEST: Kelly D. Fry, City Clerk Page 5 of 5