Implementing Priorities
Timeline
Begin | Finish | Description | ||
07/15/19 | 08/13/19 | Departments submit proposals to Finance Comm. | ||
08/05/19 | 08/14/19 | Clerk Treasurer's office compiles submittals | ||
08/15/19 | 10/10/19 | Finance Comm. consideration | ||
10/10/19 | Finance Comm. recommendation | |||
10/17/19 | Publish budget summary and hearing notice | |||
11/07/19 | 11/07/19 | Council budget public hearing | ||
11/07/19 | 11/07/19 | Council consideration (11/15 as backup-up finish) |
Mayor's Budget Goals
- Maintain the equalized municipal property tax rate at the 2019 level
- Create a multi-year budgeting focus
- Allow for a 2% raise for most municipal non-represented employees
- Emphasis on expenditures fostering property tax bas growth
Department Submittals
- 100 GENERAL FUND [100]
- (a) Municipal General Fund Revenues
- (b) General Government Expenses
- (c) Public Safety
- (d) Public Works (updated 8/13)
- (e) Health & Human Services
- (f) Culture, Recreation & Education
- (g) Conservation & Development
- (h) Other Funding Sources
- 200 CABLE TV / WLOO
- 201-204 IMPACT FEES
- 220 FIRE & EMS
- 225 PARKS
- 300 DEBT SERVICE
- 2020 Debt Service As 8/7/2019 (modifications expected)
- 400 CAPITAL PROJECTS
- 402 SPECIAL ASSESSMENTS
- 412 TAX INCREMENTAL DISTRICT #2
- 413 TAX INCREMENTAL DISTRICT #3
- 414 TAX INCREMENTAL DISTRICT #4
- 600 COMMUNITY DEVELOPMENT AUTHORITY
- 812 LIBRARY
2020 Budget As Recommended By The Finance Committee to the City Council
- Resolution #2019-33, all supporting documents and budget detail
Budget Policies and Procedutres
• Chapter 53 Waterloo Municipal Code - FINANCE & TAXATION
The calendar year shall be the fiscal year.
B. Preparation procedure.
(1) Budget to include. Each year the Finance, Insurance and Personnel Committee, with the assistance of the Clerk-Treasurer and the appropriate committees, officers and department heads, shall prepare and submit to the Council a proposed budget presenting a financial plan for conducting the affairs of the City for the ensuing calendar year. The budget shall include the following information:
(b) An itemization of all anticipated income of the City from sources other than general property taxes and bonds issued, with a comparative statement of the amounts received by the City from each of the same or similar sources for the last preceding and current fiscal year.
(c) Such other information as may be required by the Council and by state law