RESOLUTIO R24-1 A RESOLUTIO OF THE MAYOR AD COUCIL OF THE TOW OF CAVE CREEK FIALLY DETERMIIG AD ADOPTIG ESTIMATES OF PROPOSED EXPEDITURES BY THE TOW OF CAVE CREEK FOR THE FISCAL YEAR BEGIIG JULY 1, 24 AD EDIG JUE 3, 25, ESTABLISHIG THE ALTERATIVE EXPEDITURE LIMITATIO AMOUT, AD DECLARIG THAT SUCH SHALL COSTITUTE THE ADOPTED BUDGET OF THE TOW OF CAVE CREEK FOR SUCH FISCAL YEAR. WHEREAS, pursuant to the provisions of the las of the State of Arizona, the Ton Council is required to adopted a Budget, and WHEREAS, the Ton Council has prepared and filed ith the Ton Clerk a proposed Budget for the fiscal year beginning July 1, 24 and ending June 3, 25, and hich as tentatively adopted on April 19, 24, and WHEREAS, due notice has been given by the Ton Clerk, as required by la, that this tentative Budget ith suppleentary schedules and details is on file and open to inspection by anyone interested; and WHEREAS, a public hearing has been held on this tentative budget as required by la. OW THEREFORE, BE IT RESOLVED BY THE TOW COUCIL OF THE TOW OF CAVE CREEK, ARIZOA AS FOLLOWS: SECTIO 1. That the Ton Council has finally deterined the estiates of expenditures hich ill be required of the Ton of Cave Creek for the fiscal year beginning July 1, 24 and ending June 3, 25. SECTIO 2. That the Purposes of Expenditure and the aount finally deterined upon for each purpose as set forth in Schedules A, B, C, D, and E, attached hereto, constitutes the official and finally adopted budget of the Ton for the 24/ 25 fiscal year as subject to the State Budget La. SECTIO 3. That the total aount of expenditures set forth in Schedules A, B, C, D, and E represent the axiu expenditure liitation for the Ton of Cave Creek for Fiscal Year 24-25. SECTIO 4. That oney fro any fund ay be used for any of the purposes set forth in Section 2, except oney specifically restricted by State la, Ton Ordinances or Resolutions.
PASSED AD ADOPTED this /7A day of )24. APPRIOVED: ATTEST: Vincent ncia, Mayor APPROVED AS TO FORM: Willia E. Farrell Mariscal, Weeks, McIntyre & Friedlander
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i TOW OF CAVE CREEK Suary of Tax Levy and Tax Rate Inforation Fiscal Year 24-5 23-4 24-5 FISCAL YEAR FISCAL YEAR 1. Maxiu alloable priary property tax levy. A.R.S. 42-1751(A). 2. Aount received fro priary property taxation in the 23-4 fiscal year in excess of the su of that year's axiu alloable priary property tax levy. A.R.S. 42-1712(A)(18). 3. Property tax levy aounts A. Priary property taxes $ $ B. Secondary property taxes 65, 65, C. Total property tax levy aounts $ 65, $ 65, 4. Property taxes collected* A. Priary property taxes (1) 23-4 levy $ (2) Prior years' levy (3) Total priary property taxes $ B. Secondary property taxes (1) 23-4 levy $ 65, (2) Prior years' levy (3) Total secondary property taxes $ 65, C. Total property taxes collected $ 65, 5. Property tax rates A. City/Ton tax rate (1) Priary property tax rate (2) Secondary property tax rate.7423.6394 (3) Total city/ton tax rate.7423.6394 B. Special assessent district tax rates Secondary property tax rates - As of the date the proposed budget as prepared, the city/ton as operating special assessent districts for hich secondary property taxes are levied. For inforation pertaining to these special assessent districts and their tax rates, please contact the city/ton. *Includes actual property taxes collected as of the date the proposed budget as prepared, plus estiated property tax collections for the reainder of the fiscal year. 5/3 SCHEDULE B
TOW OF CAVE CREEK Suary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 24-5 SOURCE OF REVEUES ESTIMATED ACTUAL ESTIMATED REVEUES REVEUES REVEUES 23-4 23-4* 24-5 GEERAL FUD Local taxes Ton Sales Tax $ 1,266,15 $ 1,6, $ 1,479,46 Ton Sales Tax Audit 5, 3, 5, Licenses and perits Building Perits Business License Fees 52, 9, 65, 1, 3 1, Intergovernental State Revenue Sharing 336,472 336,472 34, Auto Lieu 12, 14, 12, State Sales Tax 294,936 294,936 295, Charges for services Engineering Plan Check Fee 1, 145, 125, Right of Way Fees 24, 28, 28, Planning & Zoning Fees 15, 18, 18, Developent Ipact Fees - Open Spaces 3, 6, 322,9 Developent Ipact Fees - Recreation 79,8 Fines and forfeits Court Fines 6, 6, 6, Court Enhanceent 7, 7, 25, Court MJCEF Revenues 1, Interest on investents Interest Incoe 2, 2, 2, In-lieu property taxes In-Lieu 12, 3,5 5, Contributions Voluntary contributions 18, Miscellaneous Cash Carry Forard 452,453 578,85 Rental Property Incoe 64,77 64,77 66,923 Property Sale Miscellaneous 1, 162, 1, Total General Fund $ 3,527,718 $ 4,49,915 $ 4,446,888 *Includes actual revenues recognized on the odified accrual or accrual basis as of the date the proposed budget as prepared, plus estiated revenues for the reainder of the fiscal year. 513 SCHEDULE C Page 3 of 4
TOW OF CAVE CREEK Suary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 24-5 SOURCE OF REVEUES ESTIMATED ACTUAL ESTIMATED REVEUES REVEUES REVEUES 23-4 23-4* 24-5 SPECIAL REVEUE FUDS Highay User Revenue Fund HURF $ 258,197 $ 235,84 $ 258,2 Developent Ipact Fees - Circulation Syste 25, 5, 91,1 Street Maintenance Contracts 3, 3, 3, Interest Incoe 3,5 5 1 Miscellaneous-Other 2, Total Highay User Revenue Fund $ 289,697 $ 29,134 $ 352,4 Local Transportation Assistance Fund LTAF $ 21,354 $ 22,7 $ 21,4 Total Local Transportation Assistance Fund $ 21,354 $ 22,7 $ 21,4 Seer Iproveent District #2 Assessent Billings $ 72,125 $ 67,5 $ 65, Cash Carry Forard 235, 235, 39,65 Interest Incoe 2,8 $ 37,125 $ 35,3 $ 14,65 Spur Cross Preservation Ton Sales Tax $ 422,5 $ 52,23 $ 493,153 Spur Cross ID Cards 5 1 1 Cash Carry Forard 68,832 25,842 1, $ 491,382 $ 546,172 $ 593,253 Grant Funds WIFA-Water Copany Evaluation Grant $ $ $ 5, WIFA-Wasteater Master Plan 5, Rodeo Grounds Iproveent Grant 1, LTAF II - ViCap 5,295 Federal Grant - Mine Cleanup 5, 44,22 121,38 ADOT/MAG Transportation Enhanceent 5, 5, Miscellaneous 2, 2, $ 75, $ 49,515 $ 571,38 Total Special Revenue Funds $ 1,859,558 $ 1,213,821 $ 1,643,83 *Includes actual revenues recognized on the odified accrual or accrual basis as of the date the proposed budget as prepared, plus estiated revenues for the reainder of the fiscal year. 5/3 SCHEDULE C Page 4 of 4
TOW OF CAVE CREEK Suary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 24-5 ESTIMATED ACTUAL REVEUES REVEUES SOURCE OF REVEUES 23-4 23-4* ESTIMATED REVEUES 24-5 DEBT SERVICE FUDS Ton Hall Debt Service Developent Ipact Fees - Public Buildings $ 76, $ 76, $ 73,6 $ 76, $ 76, 73,6 Spur Cross Debt Service Interest Incoe $ 9 $ 3, $ 3, $ 9 $ 3, $ 3, Phoenix Mine Site Debt Service Rental Property Incoe $ 5, $ 6.99 $ 8,4 $ 5, $ 6,99 $ 8,4 CAPITAL PROJECTS FUDS Total Debt Service Funds $ 81,9 $ 85,99 $ 85, Total Capital Projects Funds $ $ $ *Includes actual revenues recognized on the odified accrual or accrual basis as of the date the proposed budget as prepared, plus estiated revenues for the reainder of the fiscal year. 5/3 SCHEDULE C Page 5 of 4
TOW OF CAVE CREEK Suary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 24-5 PERMAET FUDS ESTIMATED REVEUES ACTUAL REVEUES ESTIMATED REVEUES SOURCE OF REVEUES 23-4 23-4 24-5 $ $ $ Total Peranent Funds $ $ $ ETERPRISE FUDS Wasteater Enterprise Fund Ton Sales Tax $ 422,5 $ 52,23 $ 493,153 Wasteater Developent Fee 68,5 69,52 7, Seer Tap-In Fee 3, 3,3 4, Seer User Fees 22, 226,616 23, Seer Billing Adin Fee 7, 7,776 8, Developent Ipact Fees - WWTP 163,5 245,25 735,1 Cash Carry Forard 15, 5, 45, Interest Incoe 4, 3,28 4, $ 1,38,5 $ 1,575,972 $ 1,994,253 Water Copany Enterprise Contingency Water Useage Fee $ 1,5, $ $ 1,8, Developent Ipact Fees - Water Copany 315, 53,8 $ 1,815, $ $ 1,853,8 $ $ $ $ $ Total Enterprise Funds $ 2,853,5 $ 1,575,972 $ 3,848,53 TOTAL ALL FUDS $ 8,322,226 $ 6,925,698 $ 1,23,24 *Includes actual revenues recognized on the odified accrual or accrual basis as of the date the proposed budget as prepared, plus estiated revenues for the reainder of the fiscal year. 513 SCHEDULE C Page 6 of 4
TOW OF CAVE CREEK Suary by Fund Type of Other Financing Sources /< Uses> and Interfund Transfers Fiscal Year 24-5 ITERFUD OTHER FIACIG TRASFERS 24-5 24-5 FUD SOURCES <USES> I <OUT> GEERAL FUD Highay Users Revenue Fund $ $ $ $ 1,43,27 Highay Users Revenue Fund-Rodeo Grounds 79,8 Highay Users Revenue Fund-Streetscape 288,563 Ton Hall COP Debt Service 93,512 Phoenix Mine Site Debt Service 34,337 Wasteater Enterprise Fund 443,153 Wasteater Enterprise Fund-Payent 5 acres 46, Due fro WWTP 23,674 Total General Fund $ $ $ 692,827 $ 1,539,482 SPECIAL REVEUE FUDS Highay Users Revenue Fund $ $ $ 1,43,27 $ Highay Users Revenue Fund-Rodeo Grounds 79,8 Highay Users Revenue Fund-Streetscape 288,563 Spur Cross Preservation 85.81 Total Special Revenue Funds $ $ $ 1,411,633 $ 85,81 DEBT SERVICE FUDS Ton Hall COP Debt Service $ $ $ 93,512 $ Phoenix Mine Site Debt Service 34,337 Phoenix Mine Site Debt Service 85,81 Total Debt Service Funds $ $ $ 213,65 $ CAPITAL PROJECTS FUDS PERMAET FUDS Total Capital Projects Funds $ Total Peranent Funds $ $ $ $ ETERPRISE FUDS Wasteater Enterprise Fund $ $ $ $ 443,153 Wasteater Enterprise Fund-Payent 5 acres 46, Due to General Fund 23,674 Water Copany Enterprise Contingency 7,, Total Enterprise Funds $ 7,, $ $ 692,827 TOTAL ALL FUDS $ 7,, $ $ 2,318,11 2,318,11 5/3 SCHEDULE D
TOW OF CAVE CREEK Suary by Departent of Expenditures /Expenses Within Each Fund Type Fiscal Year 24-5 UD/DEPARTMET ADOPTED EXPEDITURE! BUDGETED EXPESE EXPEDITURES! ADJUSTMETS EXPESES APPROVED 23-4 23-4 ACTUAL EXPEDITURES/ EXPESES 23-4* BUDGETED EXPEDITURES/ EXPESES 24-5 GEERAL FUD Ton Manager's Office 158,188 $ $ 152,66 $ 165,68 Adinistration 734,823 737,599 865,21 Legal Services 24, 24, 24, Planning 337,95 336,95 47,52 Building Safety 19,327 27,2 362,219 Municipal Court 134,31 135,735 164,114 La Enforceent 431,419 414,594 52,63 Ton Council 35,D 25,61 11, Recreation & Counity Services 69,355 64,555 76,93 Contingency 415,912 39,157 418, Engineering 116,19 112,231 269,93 Total General Fund,8 $ $ 2,466,246 $ 3,6,233 SPECIAL REVEUE FUDS HURF / Public Works $ 1,47,347 $ $ 1,57,6 $ 1,785,433 Seer Iproveent District #2 37,125 35,3 14,65 Spur Cross Preservation 43,51 425,5 57,452 Grant Funds 75, _ 5,839 571,38 Total Special Revenue Funds $ 2,534,523 $ $ 1,838,645 $ 68,915 DEBT SERVICE FUDS Ton Hall COP Debt Service $ 167,268 $ $ 167,268 $ 167,112 Spur Cross Debt Service 65,9 653, 653, Phoenix Mine Land Debt Service 127,662 127,662 128,538 Total Debt Service Fun ds $ 945,83 $ $ 947,93 $ 948,65 CAPITAL PROJECTS FUDS Total C apital Projects Funds $ $ $ $ PERMAET FUDS Tota l Peranent Funds $ $ $ $ ETERPRISE FUDS Wasteater Operations $ 64,924 $ $ 1,574,48 $ 622,326 Wasteater Debt Service 28,61 25,598 25,21 Wasteater Plant Construction 473,899 Water Copany Acquisition Contingency 6,5, 6,5, Water Copany Operations Contingency 1,315, 1,315, Water Copany Construction Cont 5, 538,8 Water Copany Debt Svc Contingency 5, 5, Total Enterprise Funds $ 9,628,525 $ $ 1,779,646 $ 1,155,226 TOTAL ALL FUDS $ 15,972,226 $ $ 7,32,467 $ 17,673,24 *Includes actual expenditures/expenses recognized on the odified accrual or accrual basis as of the date the proposed budget as prepared, plus estiated expenditures /expenses for the reainder of the fiscal year. 5/3 SCHEDULE E