Notice is hereby given that the Papillion City Council will hold a public hearing on the 2nd day of May at 7:00 PM at City Hall, 122 East Third St, Papillion. The purpose of the hearing is to consider a $3,473,668 net increase to the current expenditures and a $1,346,411 increase to revenues to the City’s 2022/2023 budget. The amendment decreases the necessary ending cash reserve by $2,127,257 which is primarily a result of the proposed expenditure of restricted Fire MFO and Cares funds in the amount of $1,200,851 for fire related capital improvement. Fire personal protective equipment for new firefighters, funding related to increased costs of fuel and natural gas, and unforeseen repairs to Station 1 has also been proposed. Also included is funding for park improvements and corresponding revenue from a state Land and Water Conservation Fund grant of $400,000. Necessary replacement and trade-in of the golf cart fleet at Tara Hills, along with improvements to the golf course irrigation control system are also proposed. Additional funding is proposed for grant-related expenditures, additional equipment for the taser program, and the dive team for the police department. Included also is proposed funding, due to rising costs, for water treatment chemicals. Street-related capital improvement funding is proposed for signal upgrades to enhance police and fire response, costs for the City’s interlocal share of 150th Street improvements, and unforeseen cost increases related to the purchase of a tandem dump truck. The amendment also proposes funding for needed training costs and payroll costs due to staff changes, and funding to allow for customization to the Building Department's Accela software.
Current Adopted Budget, Adopted November 16, 2022
2020-2021 Actual Disbursements & Transfers $ 159,275,948.00
2021-2022 Actual/Estimated Disbursements & Transfers $ 78,322,362.00
2022-2023 Proposed Budget of Disbursements & Transfers $ 119,151,861.00
2022-2023 Necessary Cash Reserve $ 172,759,752.00
2022-2023 Total Resources Available $ 291,911,613.00
Total 2022-2023 Personal & Real Property Tax Requirement $ 13,715,732.67
Unused Budget Authority Created for Next Year $ 1,703,862.86
Breakdown of Property Tax:
Personal and Real Property Tax Required for Non-Bond Purposes $ 10,570,215.00
Personal and Real Property Tax Required for Bonds $ 3,282,675.00