City of Ralston

IN

Douglas County, Nebraska

NOTICE OF BUDGET HEARING AND BUDGET SUMMARY

PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Sections 13-501 to 13-513, that the governing body will meet on the 15 day of September 2020, at 5:30 o’clock PM, at Ralston City Hall for the purpose of hearing support, opposition, criticism, suggestions or observations of taxpayers relating to the following proposed budget.  The budget detail is available at the office of the Clerk during regular business hours.

2018-2019 Actual Disbursements & Transfers                                          $ 21,187,557.00

2019-2020 Actual/Estimated Disbursements & Transfers                           $ 21,250,789.00

2020-2021 Proposed Budget of Disbursements & Transfers                       $ 25,487,394.00

2020-2021 Necessary Cash Reserve                                                       $ 6,842,370.00

2020-2021 Total Resources Available                                                      $ 32,329,764.00

Total 2020-2021 Personal & Real Property Tax Requirement                      $ 3,105,070.00

Unused Budget Authority Created For Next Year                                      $ 66,302.66

Breakdown of Property Tax:                               

Personal and Real Property Tax Required for Non-Bond Purposes               $1,890,961.00

Personal and Real Property Tax Required for Bonds                                   $1,214,109.00    

NOTICE OF SPECIAL HEARING TO SET FINAL TAX REQUEST

PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Section 77-1601.02, that the governing body will meet on the 15 day of September 2020, at 5:30 o’clock PM, at Ralston City Hall for the purpose of hearing support, opposition, criticism, suggestions or observations of tax-payers relating to setting the final tax request.

                                                      2019                             2020                             Change

Operating Budget                             26,271,377.00                25,487,394.00                -3%

Property Tax Request                       $ 2,728,711.00               $3,105,070.00                14%

Valuation                                         386,076,165                  439,326,240                  14%

Tax Rate                                         0.706780                       0.706780                       0%

Tax Rate if Prior Tax Request was

at Current Valuation                        0.621113    

9-8-20

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