ORDINANCE 845 2023 Appropriation Ordinance AN ORDINANCE PROVIDING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2023 AND ENDING DECEMBER 31, 2023

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MILBANK, SOUTH DAKOTA.

Section 1. The following sums of money are hereby appropriated for the purpose of providing funds to meet lawful expenses and liabilities of said City for the fiscal year ending December 31, 2023.

General Sales Tax 3rd Penny

Fund Fund Fund

General Government

411 Executive $50,150 $0 $0

411.5 Contingency $100,000

413 Elections $3,000 $0 $0

414 Financial Administration $435,150 $0 $0

414.1 Finance Capital Outlay $0 $0

 

Total General Government $588,300 $0 $0

 

Public Safety

421 Police $694,010 $0 $0

421.1 Police Capital Outlay $58,285 $0 $0

422 Fire $157,500 $0 $0

422.1 Fire Capital Outlay $271,000 $0 $0

 

Total Public Safety $1,180,795 $0 $0

 

Public Works

431 Highways and Streets $573,500 $0 $0

431.1 Street Capital Outlay $90,000 $0 $0

432 Rubble Site $71,050 $0 $0

432.1 Rubble Site Capital Outlay $0 $0 $0

435 Airport $36,200 $0 $0

435.1 Airport Capital Outlay $0 $0 $0

 

Total Public Works $770,750 $0 $0

 

Culture and Recreation

451 Unity Health & Fitness $1,287,775 $0 $0

451.1 Unity Health & Fitness Cap. $180,000 $0 $0

452 Park and Cemetery $585,000 $0 $0

452.1 Park Capital Outlay $1,299,265 $0

 

Total Culture and Recreation $3,352,040 $0 $0

 

Conservation/Development

460.1 TIF #3 $67,400 $0 $0

 

Economic Development and Assistance

465 Economic Development and

             Assistance $0 $1,900,000 $216,557

 

Debt Service

470 Debt Service $0 $518,000 $0

 

Capital Outlay - Sales Tax Fund

485 Capital Outlay $0 $400,000 $0

 

Total 2023 Appropriations $5,959,285 $2,818,000 $216,557

 

Section 2. The following designates the fund(s) to which money derived from the following sources applied.

General Sales Tax 3rd Penny

Governmental Funds Fund Fund Fund

Undesignated Fund Balance $513,567 ($401,474) $51,257

Bond/Heart of Milb. Funds $1,998,615 $330,000 $50,000

Transfers In/(Out) $202,478 ($364,526) $0

 

$2,714,660 ($436,000) $101,257

Taxes

311 Property Tax $994,880 $0 $0

Sales and Gross Receipt

Tax $1,350,000 $1,350,000 $115,000

Sales Tax-Infrastructure $0 $1,900,000 $0

 

 

110 Total Taxes $2,344,880 $3,250,000 $115,000

 

320 Licenses and Permits $27,400 $0 $0

330 Intergovernmental 

Revenues $206,565 $0 $0

340 Charges for Goods and 

Services $56,270 $0 $0

346 Unity Health & Fitness $491,810

350 Fines and Forfeitures $900 $0 $0

360 Miscellaneous Revenue $53,400 $4,000 $300

377 Campground $20,000 $0 $0

385 Airport $43,200 $0 $0

390 Other Sources $200 $0 $0

 

Total Means of Finance $5,959,285 $2,818,000 $216,557

 

Section 3. The following designates the revenue and expenditures of the proprietary funds.

Water Wastewater

Proprietary Funds Fund Fund

Unappropriated Fund Balance $1,414,678 $889,466

Designated Bond Funds $381,941 $0

Estimated Revenue $1,199,220 $773,000

Total Estimates Balance and Revenue $2,995,839 $1,662,466

Less Appropriations $1,151,250 $628,000

Estimated Surplus (Deficit) $1,844,589 $1,034,466

Less Estimated Surplus Retained $1,844,589 $889,466

Designated Bond Funds Retained

Estimated Surplus to be Transferred

to Governmental Funds $0 $145,000

 

Section 4. The Finance Officer is directed to certify the dollar amount of tax levies, $922,057 and any additional dollars available due to growth, made in this ordinance to the County Auditor.

 

Aye: 6      Nay:  0    Absent: none

CITY OF MILBANK

/s/ Pat Raffety, Mayor

ATTEST:

/s/ Cynthia Schumacher, Finance Officer

First Reading: 11-14-2022

Second Reading: 12-12-22

Adopted and Approved: 12-12-22

Publish: 12-14-12

Published once at an approximate cost of $136.29 and can be viewed free of charge at www.sdpublicnotices.com.