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Home My WebLink AboutAmended Budget for Fiscal Year 2023AD# 404280AD# LEGAL NOTICE Special Notice of Public Hearing Amended Budget for Fiscal Year 2023 City of Meridian, Idaho NOTICE IS HEREBY GIVEN that the City Council of the City of Meridian will hold a public hearing for consid- eration of an amendment to the 2023 fiscal year budget by appropriating additional monies received by the City of Meridian, said hearing to be held at Meridian City Hall, 33 East Broadway Avenue, Meridian Idaho, at 6:00 p.m. on Tuesday, August 15, 2023. Capital Improvement Fund - 55 FY2023 FY2023 FY2023 Revenues Original Budget Amendments Final Budget Total Revenue $ - $ - $ - Expenditures Operating Administration $ - $ - $ - Fire $ - $ - $ - Police $ - $ - $ - Parks $ - $ - $ - Total Operating $ - $ - $ - Capital Administration $ - $ - $ - Fire $ (35,994) $ (35,994) Police $ (77,545) $ (77,545) Parks $ - $ - $ - Total Capital $ - $ (113,539) $ (113,539) Carryforward - Operating Administration $ - $ - $ - Fire $ - $ - $ - Police $ - $ - $ - Parks $ - $ - $ - Carryforward - Operating $ - $ - $ - Carryforward - Capital Administration $ - $ - $ - Fire $ 9,551,574 $ (1,091,083) $ 8,460,491 Police $ 4,773,665 $ (65,906) $ 4,707,759 Parks $ 24,076 $ - $ 24,076 Carryforward - Capital $ 14,349,315 $ (1,156,989) $ 13,192,326 Total Carryforward $ 14,349,315 $ (1,156,989) $ 13,192,326 Total Expenditures $ 14,349,315 $ (1,270,528) $ 13,078,787 Transfers $ - $ - $ - Total Expenditures with Transfers $ 14,349,315 $ (1,270,528) $ 13,078,787 (Use)/Addition of Fund Balance $ (14,349,315) $ - $ (13,078,787) Enterprise Fund - 60 - 65 FY2023 FY2023 FY2023 Revenues Original Budget Amendments Final Budget Water/Sewer Sales $ 29,247,953 $ - $ 29,247,953 Other Sources $ 20,461,056 $ 352,051 $ 20,813,107 Total Revenue $ 49,709,009 $ 352,051 $ 50,061,060 Expenditures Personnel Utility Billing $ 573,640 $ - $ 573,640 Public Works $ 5,096,175 $ - $ 5,096,175 Water $ 2,859,585 $ - $ 2,859,585 Wastewater $ 5,389,155 $ (1,000,000) $ 4,389,155 Total Personnel $ 13,918,555 $ (1,000,000) $ 12,918,555 Operating Utility Billing $ 795,418 $ - $ 795,418 Public Works $ 1,080,794 $ 181,000 $ 1,261,794 Water $ 2,852,576 $ 1,211,000 $ 4,063,576 Wastewater $ 4,612,684 $ 202,700 $ 4,815,384 Total Operating $ 9,341,472 $ 1,594,700 $ 10,936,172 Total Personnel and Operating $ 23,260,027 $ 594,700 $ 23,854,727 Capital Utility Billing $ - $ - $ - Public Works $ - $ - $ - Water $ 9,928,000 $ (48,000) $ 9,880,000 Wastewater $ 12,678,000 $ 354,051 $ 13,032,051 Total Capital $ 22,606,000 $ 306,051 $ 22,912,051 Carryforward - Operating Utility Billing $ - $ - $ - Public Works $ 536,178 $ (271,687) $ 264,491 Water $ 254,048 $ (6,000) $ 248,048 Wastewater $ 470,256 $ (212,162) $ 258,094 Total Carryforward - Operating $ 1,260,482 $ (489,849) $ 770,633 Carryforward - Capital Utility Billing $ - $ - $ - Public Works $ (7,487) $ 7,487 $ - Water $ 9,785,407 $ (1,951,644) $ 7,833,763 Wastewater $ 26,356,159 $ (4,433,323) $ 21,922,836 Total Carryforward - Capital $ 36,149,053 $ (6,392,454) $ 29,756,599 Total Carryforward $ 37,409,535 $ (6,882,303) $ 30,527,232 Total Expenditures $ 83,275,563 $ (5,981,552) $ 77,294,010 Transfers $ 3,490,600 $ - $ 3,490,600 Total Expenditures with Transfers $ 86,766,163 $ (5,981,552) $ 80,784,611 (Use)/Addition of Fund Balance $ (37,057,154) $ 6,333,603 $ (30,723,551) Governmental Funds - 01,07,08,20 FY2023 FY2023 FY2023 Revenues Original Budget Amendments Final Budget Property Taxes $ 45,556,044 $ - $ 45,556,044 Other Revenue $ 41,363,527 $ 14,329,863 $ 55,693,390 Total Revenue $ 86,919,571 $ 14,329,863 $ 101,249,434 Expenditures Personnel Administration $ 7,115,490 $ 104,200 $ 7,219,690 Fire $ 16,622,414 $ 240,547 $ 16,862,961 Police $ 25,030,255 $ 8,013 $ 25,038,268 Parks $ 5,222,622 $ - $ 5,222,622 Community Development $ 4,877,309 $ - $ 4,877,309 Total Personnel $ 58,868,090 $ 352,760 $ 59,220,850 Operating Administration $ 4,266,251 $ 13,375,203 $ 17,641,454 $ Fire $ 2,740,517 $ 46,372 $ 2,786,889 $ Police $ 4,889,646 $ 97,548 $ 4,987,194 $ Parks $ 3,877,288 $ 335,907 $ 4,213,195 $ Community Development $ 3,956,884 $ 64,464 $ 4,021,348 Total Operating $ 19,730,587 $ 13,919,493 $ 33,650,079 Total Personnel and Operating $ 78,598,676 $ 14,272,253 $ 92,870,929 Capital Administration $ 116,735 $ 204,950 $ 321,685 Fire $ 1,050,927 $ (105,994) $ 944,933 Police $ 581,935 $ 151,683 $ 733,618 Parks $ 1,636,000 $ 309,918 $ 1,945,918 Community Development $ - $ - $ - Total Capital $ 3,385,597 $ 560,557 $ 3,946,154 Carryforward - Personnel Administration $ - $ - $ - Fire $ - $ - $ - Police $ - $ - $ - Parks $ - $ - $ - Community Development - $ - $ - $ - Total Carryforward - Personnel $ - $ - $ - Carryforward - Operating Administration $ 3,495,170 $ 24,334 $ 3,519,504 Fire $ 443,506 $ 115,364 $ 558,870 Police $ 44,366 $ (25,356) $ 19,010 Parks $ 904,890 $ (461,227) $ 443,663 Community Development $ 49,115 $ - $ 49,115 Total Carryforward - Operating $ 4,937,047 $ (346,885) $ 4,590,162 Carryforward - Capital Administration $ 327,251 $ (65,726) $ 261,525 $ Fire $ 10,060,007 $ (1,620,934) $ 8,439,073 $ Police $ 5,502,846 $ (1,111,865) $ 4,390,981 $ Parks $ 19,287,737 $ (6,757,501) $ 12,530,236 $ Community Development - $ - $ - $ - Total Carryforward - Capital $ 35,177,842 $ (9,556,027) $ 25,621,815 Carryforward Administration $ 3,822,421 $ (41,392) $ 3,781,029 Fire $ 10,503,512 $ (1,505,570) $ 8,997,943 Police $ 5,547,212 $ (1,137,221) $ 4,409,991 Parks $ 20,192,627 $ (7,218,728) $ 12,973,899 Community Development $ 49,115 $ - $ 49,115 Total Carryforward $ 40,114,888 $ (9,902,912) $ 30,211,976 Total Expenditures $ 122,099,161 $ 4,929,898 $ 127,029,060 Transfers $ (3,490,600) $ - $ (3,490,600) Total Expenditures with Transfers $ 118,608,561 $ 4,929,898 $ 123,538,459 (Use)/Addition of Fund Balance $ (31,688,990) $ 9,399,965 $ (22,289,025) Total Budget - All Funds FY2023 FY2023 FY2023 Revenues Original Budget Amendments Final Budget Total Revenue $ 136,628,580 $ 14,681,914 $ 151,310,494 Expenditures Total Personnel and Operating $ 101,858,704 $ 14,866,953 $ 116,725,656 Total Capital $ 25,991,597 $ 753,069 $ 26,744,666 Total Carryforward $ 91,873,739 $ (17,942,204) $ 73,931,535 Total Expenditures $ 219,724,039 $ (2,322,182) $ 217,401,857 Transfers $ - $ - $ - Total Expenditures with Transfers $ 219,724,039 $ (2,322,182) $ 217,401,857 (Use)/Addition of Fund Balance (83,095,459) $ 17,004,096 $ (66,091,363) Citizens are invited to inspect the detailed supporting records of the above financial statements. For further information contact City of Meridian Finance Department at (208) 888-4433. July 30, August 6, 2023 404280