MEETING NOTICE MAIZE CITY COUNCIL SPECIAL MEETING MAIZE PARK CEMETERY BOARD MAIZE CITY COUNCIL AGENDA COUNCIL PRESIDENT DONNA CLASEN PRESIDING

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1 MEETING NOTICE MAIZE CITY COUNCIL SPECIAL MEETING MAIZE PARK CEMETERY BOARD SPECIAL MEETING TIME: 7: P.M. DATE: MONDAY, AUGUST 3, 215 PLACE: MAIZE CITY HALL 11 W. GRADY AVENUE 1) Call to Order 2) Roll Call MAIZE CITY COUNCIL AGENDA COUNCIL PRESIDENT DONNA CLASEN PRESIDING 3) Approval of Agenda 4) Public Hearing for the of Maize, Kansas 216 Budget 5) New Business A. GO Bonds Refunding Sale Resolution 6) Old Business A. Adoption of the 216 Budget 7) Adjournment MAIZE PARK CEMETERY BOARD AGENDA CHAIR KAREN FITZMIER PRESIDING 1) Call to Order 2) Roll Call 3) Approval of Agenda 4) Approval of Minutes Board Meeting July 2,215 5) Public Hearing for the Maize Park Cemetery District 216 Budget 6) Old Business A. Adoption of the 216 Budget 7) Adjournment August 3, of 28

2 MAIZE CITY COUNCIL SPECIAL MEETING MONDAY, AUGUST 3, 215 AGENDA ITEM 5A ITEM: Refund GO (general obligation) bonds at lower interest rates to provide savings to the BACKGROUND The of Maize has the following general obligation debt callable this fall: General Obligation Bonds, Series 27A (callable October 1) General Obligation Refunding Bonds, Series 21 (callable September 1) The interest rates on these issues range from 3.% to 4.125%. GO Bonds, Series 27A Date Principal Coupon Interest Total P+I , % 26, , ,. 4.% 23, , ,. 4.% 19, , ,. 4.% 16, , , % 12, , , % 8, , , % 4, , Total $65,. - $11, $76, GO Refunding Bonds, Series 21 Date Principal Coupon Interest Total P+I ,. 3.% 2,27. 67, ,. 3.2% 32. 1,32. Total $75,. - $2,59. $77,59. Current interest rates are lower, so the could save money by refinancing this debt (issuing new refunding bonds ) at lower interest rates. After refunding, the s semi-annual principal and interest payments will be reduced. FINANCIAL CONSIDERATIONS: The following spreadsheet shows estimated savings to the (for each fiscal year, and then totaled up representing savings to the city after costs of issuance are paid): ESTIMATED ESTIMATED New Debt Service Prior Debt Service ESTIMATED Year New Rates (New 215 Bonds) (27A & 21 Bonds) SAVINGS % 166, ,545. 6, % 115, ,495. 3, % 13, ,775. 5, % 17, ,175. 3, % 1, ,375. 6, % 14,2. 18, , % 12,2. 19, , Total $8,835. $8,835. $838, $37, August 3, of 28

3 Actual savings will be determined based on bond bids received at the August 17 council meeting. LEGAL CONSIDERATIONS: Bond Counsel prepared the attached Resolution which authorizes the city to proceed with the refunding process. Bids for the refunding bonds would be received prior to the August 17 meeting, and bond documents will be presented to issue the refunding bonds. RECOMMENDED ACTION: Approve the Resolution authorizing the refunding of the 27A and 21 Bonds. August 3, of 28

4 Gilmore & Bell, P.C. 7/28/215 RESOLUTION NO. A RESOLUTION AUTHORIZING THE OFFERING FOR SALE OF GENERAL REFUNDING OBLIGATION BONDS, SERIES 215B, OF THE CITY OF MAIZE, KANSAS. WHEREAS, the of Maize, Kansas (the Issuer ) has previously issued and has outstanding general obligation bonds; and WHEREAS, due to the current interest rate environment, the Issuer has the opportunity to issue its general obligation refunding bonds in order to achieve an interest cost savings on all or a portion of the debt represented by such general obligation bonds described as follows (collectively, the Refunded Bonds ): ; and Description Series Dated Date Years Amount General Obligation A, 27 April 15, to 222 $1,162,74 Bonds General Obligation Refunding Bonds 21 November 3, to , WHEREAS, the Issuer has selected the firm of Code Financial, L.L.C., Wichita, Kansas 6726 ( Financial Advisor ), as financial advisor for one or more series of general obligation refunding bonds of the Issuer to be issued in order to provide funds to refund the Refunded Bonds; and WHEREAS, the Issuer desires to authorize the Financial Advisor to proceed with the offering for sale of said general obligation refunding bonds and related activities; and WHEREAS, one of the duties and responsibilities of the Issuer is to prepare and distribute a preliminary official statement relating to said general obligation refunding bonds; and WHEREAS, the Issuer desires to authorize the Financial Advisor and Gilmore & Bell, P.C., Wichita, Kansas, the Issuer s bond counsel ( Bond Counsel ), in conjunction with the Clerk to proceed with the preparation and distribution of a preliminary official statement and notice of bond sale and to authorize the distribution thereof and all other preliminary action necessary to sell said general obligation refunding bonds. BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF MAIZE, KANSAS, AS FOLLOWS: Section 1. The Issuer is hereby authorized to offer for sale the Issuer s General Refunding Obligation Bonds, Series 215B (the Bonds ) described in the Notice of Bond Sale, which is hereby approved in substantially the form presented to the governing body this date. All proposals for the purchase of the Bonds shall be delivered to the governing body at its meeting to be held on the sale date referenced in the Notice of Bond Sale, at which meeting the governing body shall review such bids and award of the sale of the Bonds or reject all proposals. August 3, of 28

5 Section 2. The Mayor and Clerk in conjunction with the Financial Advisor and Bond Counsel are hereby authorized to cause to be prepared a Preliminary Official Statement, and such officials and other representatives of the Issuer are hereby authorized to use such document in connection with the sale of the Bonds. Section 3. The Clerk, in conjunction with the Financial Advisor and Bond Counsel, is hereby authorized and directed to give notice of said bond sale by distributing copies of the Notice of Bond Sale and Preliminary Official Statement to prospective purchasers of the Bonds. Proposals for the purchase of the Bonds shall be submitted upon the terms and conditions set forth in said Notice of Bond Sale, and shall be delivered to the governing body at its meeting to be held on the sale date referenced in the Notice of Bond Sale, at which meeting the governing body shall review such bids and shall award the sale of the Bonds or reject all proposals. Section 4. The Mayor and Clerk are each hereby authorized to approve the form of said Preliminary Official Statement, and to execute the Certificate Regarding Preliminary Official Statement in substantially the form attached hereto as Exhibit A, as approval of the Preliminary Official Statement, such official s signature thereon being conclusive evidence of such official s and the Issuer s approval thereof. Section 5. The Issuer agrees to provide to the Purchaser within seven business days of the date of the sale of Bonds or within sufficient time to accompany any confirmation that requests payment from any customer of the Purchaser, whichever is earlier, sufficient copies of the final Official Statement to enable the Purchaser to comply with the requirements of Rule G-32 of the Municipal Securities Rulemaking Board. Section 6. The Mayor, Clerk and the other officers and representatives of the Issuer, the Financial Advisor and Bond Counsel are hereby authorized and directed to take such other action as may be necessary to carry out the sale of the Bonds. Section 7. The officers and representatives of the Issuer are hereby authorized and directed to take such action as may be necessary, after consultation with the Financial Advisor and Bond Counsel, to provide for notice of redemption of the Refunded Bonds. Section 8. This Resolution shall be in full force and effect from and after its adoption. [BALANCE OF THIS PAGE INTENTIONALLY LEFT BLANK] August 3, of 28

6 ADOPTED by the governing body on August 3, 215. (SEAL) ATTEST: Mayor Clerk August 3, of 28

7 MAIZE CITY COUNCIL SPECIAL MEETING MONDAY, AUGUST 3, 215 AGENDA ITEM #6A ITEM: ADOPTION OF THE 216 BUDGET BACKGROUND: On July 2, 215 the Council accepted the proposed 216 budget as presented. In accordance with State law, the 216 proposed budget and notice of a public hearing was published in The Clarion on July 23, 215. In order to comply with submittal dates to the State and County, the Council is required to adopt a final budget for 216. FINANCIAL CONSIDERATIONS: The estimated mill levy for the 216 budget is The final 215 mill levy was LEGAL CONSIDERATIONS: The 216 proposed budget time-line and open meeting process is in compliance with state law and the required forms have been utilized. RECOMMENDATION/ACTION: Adopt the 216 Budget for the of Maize and submit to the Sedgwick County Clerk. August 3, of 28

8 CERTIFICATE To the Clerk of Sedgwick County, State of Kansas We, the undersigned, officers of of Maize certify that: ( 1) the hearing mentioned in the attached publication was held; (2) after the Budget Hearing this budget was duly approved and adopted as the maximum expenditures for the various funds for the year 216; and (3) the Amount(s) of215 Ad Valorem Tax are within statutory limitations. 216 Adopted Budget Amount of ~ Page Budget Authority 215 Ad Table of Contents: No. for Expenditures Valorem Tax Computation to Determine Limit for Allocation ofmvt, RVT, and 16/2M Vehicle 3 Schedule of Transfers 4 Statement of Indebtedness 5 Statement of Lease-Purchases 6 County Clerk's Use Only State of Kansas 216 Fund K.S.A. General 12-lOla 7 3,369,786 1,6,58 Debt Service ,552,35 Capital Improvements , Special Highway 9 294,1 Law Enforcement Training 9 2, Wastewater Reserve 1 Equipment Reserve 1 23, Wastewater , Water ,5 Water Reserve 12 Water Bond Debt Reserve 12 Wastewater Debt Reserve 13 Totals xxxxxx 8,596,736 1,6,58 Notice of the vote to adopt required to be published and attached to the bud~ Yes County Clerk's Use Only Budget Summary 14 Neighborhood Revitalization Rebate Nov 1, 215 Total Assessed Valuation Assisted by: Address: Attest: 215 County Clerk Governing Body Special Council Page and No. Cemetery 1 Meeting August 3, of 28

9 State of Kansas of Maize 1. Total tax levy amount in 21S budget 2. Debt service levy in 21S budget 3. Tax levy excluding debt service Computation to Determine Limit for Amount of Levy + $ l,47s,s13 - $ 171,63S $ 1,33, Valuation Information for Valuation Adjustments 4. New improvements for 21S: + 2,62,997 S. Increase in personal property for 2 ls: Sa. Personal property 21S '-- 24,99 Sb. Personal property 214 2S4,2S9 Sc. Increase in personal property (Sa minus Sb) + (Use Only if> ) 6. Valuation of annexed tenitory for 21S: 6a. Real estate + S2, b. State assessed c. New improvements 6d. Total adjustment (sum of 6a, 6b, and 6c) + S2, Valuation of property that has changed in use during 21S: 26, Total valuation adjustment (sum of 4, Sc, 6d &7) 2,7,37S 9. Total estimated valuation July 1, 21S 37,197,37 1. Total valuation less valuation adjustment (9 minus 8) 34,496, Factor for increase (8 divided by 1) Amount of increase (11 times 3) budget tax levy, excluding debt service, prior to CPI adjustment (3 plus 12) 14. Debt service levy in this 216 budget ls. 216 tax levy, including debt service, prior to CPI adjustment (13 plus 14) 16. Consumer Price Index for all urban consumers for calendar year Consumer Price Index adjustment (3 times 16) + $ 12, '-- $ 1,4S,94S ============ l,4s,94s 1.6% $ 2, ' Maximum levy for budget year 216, including debt service, not requiring 'notice of vote publication.' (IS plus 17) $ 1,426,87 ======== If the 216 adopted budget includes a total property tax levy exceeding the dollar amount in line 18 ou must publish notice of vote by the governing body to adopt such budget in the official county newspaper an< attach a copy of the published notice to this budget. In no event will published notice of the vote be re~~g M6~~total budget year tax levy is $1, or less. August 3, of 28

10 of Maize Allocation ofmv, RV, 16/2M, Commercial Vehicle, and Watercraft Tax Estimates State of Kansas 216 Budgeted Funds Ad Valorem Levy Allocation for Year 216 for 215 Tax Year 214 MVT General 1,33, ,794 Debt Service 171,635 2,245 ClP RVT 1, /2M Yeh Comm Yeh 511 4, Watercraft TOTAL 1,475, ,39 1, ,276 County Treas Motor Vehicle Estimate 174,39 County Treas Recreational V chicle Estimate County Treas l 6/2M Vehicle Estimate County Treas Commercial Vehicle Tax Estimate County Treas Watercraft Tax Estimate 1, ,276 Motor Vehicle Factor Recreational Vehicle Factor.119 l 6/2M Vehicle Factor.39 Commercial Vehicle Factor.358 Watercraft Factor. August 3, 215 Page No. 3 1 of 28

11 State of Kansas of Maize 216 STATEMENT OF INDEBTEDNESS Date Date Interest Beginning Amount Type of of of Rate Amount Outstanding Date Due Debt Issue Retirement % Issued Jan 1,215 Interest Principal General Obligation: Series A 27 4/24/27 4/24/ ,162,741 73, 411 & 1/1 1/1 Series B 27 9/27/27 9/1/ ,941,983 4,35, 3/1 & 9/1 9/1 Series 2 I GO Refunding 11/19/21 9/1/ ,753, 1,27, 3/1 & 9/1 9/1 Series A 211 9/23/211 1/1/ ,63, 4,235, 411 & 1/1 1/1 Series A 213 3/22/213 9/1/ ,84, 3,715, 3/1 & 911 9/1 Series B 213B Refunding 8/23/213 9/1/ ,115, 2,115, 3/1 & Series A /26/214 1/1/ ,795, 2,795, 4/1 & 1/1 1/l Series A 215 2/1/215 1/1/ ,415, 4/1 & 1/1 1/1 Amount Due 215 Interest Principal 29,355 8, 169,693 21, 3,89 6, 127,645 2, 116,2 165, 57, , 84,369 45, 57,65 Amount Due 216 Interest Principal 26,275 8, 159,293 22, 2,27 65, 123,145 2, 112,9 165, 54, , 98,683 35, 92,538 16, Total G.O. Bonds 18,895, Revenue Bonds: Water Revenue Bond 1/15/26 8/1/ ,335, 4,345, 211 & 8/1 8/1 WW Refunding Rev Bond 8/3/212 9/1/ , 135, 725, 3/1 & 9/1 9/1 Water Rev Bond 214A 1/29/ / , 285, 4/1 & 1/1 111 WW Rev Bond 2 I 4A 1/29/214 1/1/ , 995, 4/1 & 1/1 1/1 588, ,65 228,18 165, 7,488 2, 9,15 29,58 669,449 1,9, 22, , 5,788 2, 9,775 32,75 Total Revenue Bonds 6,35, Other: Temp Notes Series A 213 3/28/213 4/1/ ,28,4 2,978,4 Temp Notes Series B 213 9/23/213 I 11 / ,9, 1,9, 274,11 365, 267,91 375, Total Other 4,68,4 Total Indebtedness 29,313,4 August Page 3, No ,98 1,357,65 937,35 1,465, 11 of 28

12 State of Kansans of Maize 216 Schedule of Transfers Expenditure Fund Transferred From: General Fund General Fund General Fund Wastewater Wastewater Water Water Receipt Fund Transferred To: Special Hi!!hwav CIP Equipment Reserve Debt Service Wastewater Reserve Debt Service Water Reserve Actual Current Amount for Amount for , 15, 175, 775, 15, 255, 23, ,547 47,147 23,73 395,456 42,154 36, 36, Proposed Amount for , 488, 23, 237,863 36, 45,38 36, Transfers Authorized by Statute KSA KSA KSA 12-1, 117 KSA d KSA d KSA d KSA d Totals Ad_justments* Ad_justed Totals 1,157,456 1,88,774 1,157,456 1,88,774 1,582,91 1,582,91 *Note: Adjustments are required only if the transfer is being made in 215 and/or 216 from a non-budgeted fund. Page No. 4 August 3, of 28

13 State of Kansas of Maize 216 STATEMENT OF CONDITIONAL LEASE-PURCHASE AND CERTIFICATE OF PARTICIPATION* Total Term of Interest Amount Principal Payments Contract Contract Rate Financed Balance On Due Item Purchased Date (Months) % (Beginning Principal) Jan Radio Read Water Meters 5/3/ ,4 113,4 25,181 Street Sweeper 9/15/ , ,371 35,434 Payments Due ,181 35,434 Totals ***If you are merely leasing/renting with no intent to purchase, do not list--such transactions are not lease-purchases. Page No. 6 August 3, of 28

14 State of Kansas of Maize 216 FUND PAGE FOR FUNDS WITH A TAX LEVY Adopted Budget Prior Year General Actual for 214 Unencumbered Cash Balance Jan 1 66,42 Receipts: Ad Valorem Tax 1,244,86 Delinquent Tax 5,88 Motor Vehicle Tax 182,351 Recreational Vehicle Tax 16/2M Vehicle Tax Commercial Vehicle Tax Watercraft Tax Sales Tax 61,191 Transient Guest Tax 85,918 Permits & Licenses 18,464 Franchise Tax 357,125 Plam1ing & Zoning Revenue 2,12 Community Building Revenue 5,45 Fireworks Permits 24, Municipal Court Revenue 69, Camp Revenue 13,29 Reimbursements 99 Liquor Tax Current Year Estimate for ,174 1,252,5 35, 18, 625, 75, 84,45 359,5 1,1 5, 24, 67,264 15, 47 1,3 Proposed Budget Year for ,157 xxxxxxxxxxxxxxxxxx 2, 153,794 1, , , 85, 8, 355, 1,5 5, 24, 64,5 17, 1, Jn Lieu of Taxes (IRB) Interest on Idle Funds 1,648 4,661 Does miscellaneous exceed 1% Total Rec Total Receipts 2,761,498 Resources Available: 3,367,918 PageNo. 7 2, 1,45 2,729,34 3,616,28 1,5 1,465,336 1,845,493 August 3, of 28

15 State of Kansas of Maize FUND PAGE - GENERAL Adopted Budget Prior Year Current Year General Actual for 214 Estimate for 215 Resources Available: 3,367,918 3,616,28 Expenditures: Council 18,13 17,75 Administration 38, ,4 Police Department 525, ,386 Municipal Court 77,358 8,539 Community Facilities 66,611 58,647 Plarming C1mnission 53,189 9,5 Audit 15, 15,35 Employee Benefits 453,59 494,23 Utilities 23,276 2, Community Services 9,923 1, Building Inspections 48,822 4, Contingency Funds Housing Grant 96, , Transient Guest Tax Rebate 85,918 75, Commercial Incentive 11,97 12,431 Hall Lease Payment 159, ,435 Economic Development 3,57 15, Park & Tree Board Expenses 13,92 1, Senior Services Transfer to Street Fund 15, 15, Transfer to CIP 175, 775, Transfer to Equipment Reserve 15, 255, 911 Camp Expenses 8,61 9, Public Works Building Lease Payment Proposed Budget Year for 216 1,845,493 18,45 311,25 636,3 85,525 68, 15,5 16,5 547,5 3, 1, 3, 43, 1, 85, 1, 175,261 7, 2, 5 15, 488, 23, 9, 13, Neighborhood Revitalization Rebate Does miscellaneous exceed 1% Total Exp Total Expenditures 2,48,744 3,236,51 Unencumbered Cash Balance Dec ,174 38, /215/216 Budget Authority Amount: 3,3,45 3,46,86 Non-Appropriated Balance Total Expenditure/Non-Appr Balance Tax Required Delinquent Comp Rate: 5.% Amount of 215 Ad Valorem Tax 3,369,786 xxxxxxxxxxxxxxxxxx 3,369,786 3,369,786 1,524,293 76,215 1,6,58 Page No. 7a August 3, of 28

16 State of Kansas of Maize 216 FUND PAGE FOR FUNDS WITH A TAX LEVY Adopted Budget Prior Year Current Year Proposed Budget Debt Service Actual for 214 Estimate for 215 Year for 216 Unencumbered Cash Balance Jan 1 466, , ,98 Receipts: Ad Valorem Tax 34,65 163,53 xxxxxxxxxxxxxxxxx Delinauent Tax Motor Vehicle Tax 3,294 4,5 5, Recreational Vehicle Tax 23 16/2M Vehicle Tax 67 Commercial Vehicle Tax 614 Watercraft Tax Soecial Assessments 1,257,413 1,3, 1,5, Transfer from Wastewater 23, , ,863 Transfer from Water 395,456 42,154 45,38 Refund from Maize Road Project 55,693 Interest on Idle Funds Does miscellaneous exceed 1% Total Re< Total Receints 1,895,141 2,166,47 2,149,785 Resources Available: 2,361,333 2,664,814 2,67,765 Expenditures: Bond Principal 1,45, 1,325, 1,465, Bond Interest 817, , ,35 Cash Reserve 15, Neighborhood Revitalization Rebate Does miscellanous exceed I % of Total E: Total Exnenditures 1,862,566 2,26,834 2,552,35 Unencumbered Cash Balance Dec , ,98 xxxxxxxxxxxxxxxxx 214/215/216 Budget Authority Amoun 2,191,29 2,356,834 2,552,35 Non-Appropriated Balance Total Expenditure!Non-Appr Balance 2,552,35 Tax Required Delinquent Comp Rate: 5.% Amount of 215 Ad Valorem Tax Adopted Budget Prior Year Current Year Proposed Budget Capital Improvements Actual for 214 Estimate for 215 Year for 216 Unencumbered Cash Balance Jan 1 418, , ,438 Receipts: Ad Valorem Tax xxxxxxxxxxxxxxxxx Delinquent Tax Motor Vehicle Tax Recreational Vehicle Tax 1612M Vehicle Tax Commercial Vehicle Tax Watercraft Tax Transfer from General Fund 175, 775, 488, Interest on Idle Funds 2,91 2, 1,5 Does miscellaneous exceed 1% Total Rec Total Receiots 177, ,1 489,6 Resources Available: 595,856 1,159, ,38 Exoenditures: Academy Avenue Improvements 367,283 Park hnnrovements 65,69 114, 215, Maintenance Building 5,6 2, Street Improvements 142, , 375, Bike Paths/Sidewalks 1, 75, Neighborhood Revitalization Rebate Does miscellaneous exceed 1% of Total E Total Exoenditures 213, , , Unencumbered Cash Balance Dec , ,438 xxxxxxxxxxxxxxxxx 214/215/216 Budget Authority Amoun 564, 1,216, 665, Non-Appropriated Balance Total Expenditure!Non-Appr Balance 665, Tax Required Delinquent Comp Rate: 5.% Amount of 215 Ad Valorem Tax Page No. August 3, of 28

17 State of Kansas of Maize FUND PAGE FOR FUNDS WITH NO TAX LEVY Adopted Budget Prior Year Special Highway Actual for 214 Unencumbered Cash Balance Jan 1 15,358 Receipts: State of Kansas Gas Tax 97,51 County Transfers Gas 42,41 Transfer from General Fund 15, Current Year Estimate for ,984 95,36 45, 15, 216 Proposed Budget Year for ,527 96,29 41,13 15, Interest on Idle Funds 325 Does miscellaneous exceed 1% Total Rec Total Receipts 29,227 Resources Available: 395,585 Expenditures: Salaries & Wages 123,81 Operating Expenses 132,419 Snow/Ice Removal 11,381 4,81 294, , ,5 117,34 8,58 287,42 441, ,5 124,6 1, Does miscellaneous exceed 1% Total Exp Total Expenditures 267,61 Unencumbered Cash Balance Dec , /215/216 Budget Authority Amoun 268, 267, ,527 28,3 294,1 147, ,1 Adopted Budget Prior Year Law Enforcement Training Actual for 214 Unencumbered Cash Balance Jan 1 5,996 Receipts: Maize Police Training 2,548 Cmrent Year Estimate for 215 2,15 3, Proposed Budget Year for 216 1,15 3, Interest on Idle Funds Does miscellaneous exceed 1% Total Rec Total Receipts 2,548 Resources Available: 8,544 Expenditures: Maize Police Training 5,992 Maize Police Training Equipment 447 3, 5,15 4, 3, 4,15 2, Does miscellaneous exceed 1% Total Exp Total Expenditures 6,439 Unencumbered Cash Balance Dec 31 2,15 214/215/216 Budget Authority Amoun 1, 4, 1,15 7,5 2, 2,15 2, Page No. 9 August 3, of 28

18 State of Kansas of Maize FUND PAGE FOR FUNDS WITH NO TAX LEVY Adopted Budget Prior Year Wastewater Reserve Actual for 214 Unencumbered Cash Balance Jan 1 142,264 Receipts: Transfer from Wastewater 47,147 Reimbursement from Fieldstone Abengoa Interest on Idle Funds Does miscellaneous exceed 1% Total Rec Total Receipts 47,147 Resources Available: 189,411 Expenditures: Equipment Replacement 7,498 Fieldstone Manhole Repair 47,67 WWTP Study 11,49 Cun-ent Year Estimate for ,437 23,73 45,642 24,148 92, ,3 17,52 22, Proposed Budget Year for ,675 36, 36, 212,675 Does miscellaneous exceed 1% Total Exp Total Expenditures 65,974 Unencmnbered Cash Balance Dec , /215/216 Budget Authority Amoun See Tab A 39, ,675 See Tab C 212,675 Adopted Budget Prior Year Equipment Reserve Actual for 214 Unencmnbered Cash Balance Jau 1 96,95 Receipts: Transfer from General Fund 15, Cun-ent Year Estimate for , , Proposed Budget Year for ,16 23, Interest on Idle Funds 183 Docs miscellaneous exceed 1% Total Rec Total Receipts 15,183 Resources Available: 247,133 Expenditures: Trucks/Heavy Equipment 28,1 Computers/Teclmology 42,417 Police Dept Equipment 76, ,3 355, ,825 5, 55, 3 23,3 343,46 1, 5, 8, Does miscellaneous exceed 1% Total Exp Total Expenditures 146,52 Unencumbered Cash Balance Dec 31 1, /215/216 Budget Authority Amoun 195, 242, ,16 255, 23, 113,46 23, Page No. 1 August 3, of 28

19 State of Kansas of Maize 216 FUND PAGE FOR FUNDS WITH NO TAX LEVY Adopted Budget Prior Year Wastewater Actual for 214 Unencumbered Cash Balance Jan I 367,64 Receipts: User Fees 672,877 Installation Fees 78,2 Plant Equity Fees 93, Interest on Idle Funds 2,236 Does miscellaneous exceed 1% Total Rec Total Receipts 846,313 Resources Available: 1,213,953 Expenditures: Salaries & Wages 218,48 Operating Expenses 225,324 Transfer to Debt Service 23,853 Transfer to Wastewater Reserve 47,147 Current Year Estimate for , ,514 26,5 3, 2, 1,5 716,64 1,235, ,924 21,4 239,547 23,73 Proposed Budget Year for ,269 66, 25, 27,5 1,5 714, 1,248, , 26, ,863 36, Does miscellaneous exceed I % Total Exp Total Expenditures 694,84 Unencwnbered Cash Balance Dec , /215/216 Budget Authority Amoun 77, 7, ,269 71, 714, 534, , Adopted Budget Prior Year Water Actual for 214 Unencumbered Cash Balance Jan I 323,958 Receipts: User Fees 571,788 Tower Rent 25,897 Water Tap Fees 82,45 Water Connection Fees 24,173 Plant Equity Fees 96, Water Tax 6,443 Interest on Idle Funds 628 1,923 Does miscellaneous exceed 1% Total Rec Total Receipts 89,32 Resources Available: 1,133,26 Expenditures: Salaries & Wages 194,289 Operating Expenses 111,367 Transfer to Debt Service 395,456 Trans fer to Water Reserve 36, Current Year Estimate for , , 52, 3, 17, 33, 6, , ,227 1,152, ,5 133,811 42,154 36, Proposed Budget Year for ,91 63, 52, 3, 17, 33, 7, 5 769,5 1,167,41 195, ,1 45,38 36, Does miscellaneous exceed 1% Total Exp Total Expenditures 737,112 Unencumbered Cash Balance Dec , /215/216 Budget Authority Amoun 749,6 754, ,91 754,5 769,5 397,91 769,5 Page No. 11 August 3, of 28

20 State of Kansas of Maize 216 FUND PAGE FOR FUNDS WITH NO TAX LEVY Adopted Budget Prior Year Water Reserve Actual for 214 Unencumbered Cash Balance Jan 1 9,564 Receipts: Transfer from Water 36, Current Year Estimate for ,149 36, Proposed Budget Year for ,149 36, Interest on Idle Funds Does miscellaneous exceed 1% Total Rec Total Receipts 36, Resources Available: 126,564 Expenditures: Equipment 49,415 36, 113,149 36, 149,149 Does miscellaneous exceed 1% Total Exp Total Expenditures 49,415 Unencumbered Cash Balance Dec 31 77, /215/216 Budget Authority Amoun 35, See Tab A 113, ,149 Adopted Budget Prior Year Water Bond Debt Reserve Actual for 214 Unencumbered Cash Balance Jan 1 268, Receipts: CuITent Year Estimate for , Proposed Budget Year for , Interest on Idle Funds Does miscellaneous exceed 1% Total Rec Total Receipts Resources Available: 268, Expenditures: 268, 268, Does miscellaneous exceed 1% Total Exp Total Expenditures Unencumbered Cash Balance Dec , 214/ Budget Authority Amoun 268, 268, Page No. 12 August 3, of 28

21 State of Kansas of Maize 216 FUND PAGE FOR FUNDS WITH NO TAX LEVY Adopted Budget Prior Year Wastewater Bond Debt Reserve Actual for 214 Unencumbered Cash Balance Jan 1 147,8 Receipts: Current Year Estimate for ,8 Proposed Budget Year for ,8 Interest on Idle Funds Does miscellaneous exceed 1% Total Rec Total Receipts Resources Available: 147,8 Expenditures: Salaries & Wages Employee Benefits 147,8 147,8 Does miscellaneous exceed 1% Total Ex1 Total Expenditures Unencumbered Cash Balance Dec ,8 214/215/216 Budget Authority Amoun 147,8 147,8 Page No. 13 August 3, of 28

22 State of Kansas NOTICE OF BUDGET HEARING The governing body of of Maize will meet on August 3, 215 at 6: pm at Hall for the purpose of hearing and answering objections of taxpayers relating to the proposed use of all funds and the amount of ad valorem tax. Detailed budget information is available at Hall and will be available at this hearing. BUDGET SUMMARY Proposed Budget 216 Expenditures and Amount of 215 Ad Valorem Tax establish the maximum limits of the 216 budget. Estimated Tax Rate is subject to change depending on the final assessed valuation. FUND General Debt Service ClP Prior Year Actual for 214 Current Year Estimate for 215 Actual Actual Expenditures 2,48,744 1,862, ,235 Tax Rate* Expenditures Tax Rate* ,236, ,26, ,283 Proposed Budget for 216 Budget Authority Amount of215 for Expenditures Ad Valorem Tax 3,369,786 1,6,58 2,552,35 665, Estimate Tax Rate* Special Highway Law Enforcement Training Wastewater Reserve Equipment Reserve Wastewater Water Water Reserve Water Bond Debt Reserve Wastewater Bond Debt Res Stormwater Utility 267,61 6,439 65, ,52 694,84 737,112 49, ,898 4, 39, ,825 7, , ,1 2, 23, 714, 769,5 Totals Less: Transfers Net Expenditure Total Tax Levied Assessed Valuation Outstanding Indebtedness, January 1, G.O. Bonds Revenue Bonds Other Lease Purchase Principal Total *Tax rates are expressed in mills 6,524,392 1,157,456 5,366, ,88, ,145, 6,19, 9,79, 29,125, ,32, ,88,774 6,44,151 1,475,513 34,285, ,475, 5,425, 5, 118,4 113,4 29,131,44 8,596,736 1,6,58 1,582,9 [ 7,13,835 xxxxxxxxxxxxxxxxx 37,197, ,895, 6,35, 4,68,4 277,771 29,59, Jocelyn Reid Official Title: Clerk Page No. 14 August 3, of 28

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25 MAIZE PARK CEMETERY BOARD ANNUAL MEETING MONDAY, AUGUST 3, 215 AGENDA ITEM #6A ITEM: ADOPTION OF THE 216 CEMETERY BUDGET BACKGROUND: In accordance with State law, the 216 Maize Park Cemetery budget has been published and a public hearing held. In order to comply with submittal dates to the State and County, the Board is required to adopt a final budget for 216. FINANCIAL CONSIDERATIONS: The final mill levy for 216 will be approximately.141. The 215 mill levy was.139 LEGAL CONSIDERATIONS: Compliance with state law regarding forms and budget schedule is required. RECOMMENDATION/ACTION: Adopt the 216 Maize Park Cemetery budget and submit to the Sedgwick County Clerk and the State. August 3, of 28

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