Form Lb-1 - Notice Of Budget Hearing - 2010
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FORM
LB-1
NOTICE OF BUDGET HEARING
A meeting of the __________________________________________________ will be held on ______________________________________
(Governing body)
(Date)
A.M.
at ______________ at _____________________________________________. The purpose of this meeting is to discuss the budget for
P.M.
(Location)
the fiscal year beginning July 1, 2010 as approved by the ________________________________________________ Budget Committee.
(Municipal corporation)
A summary of the budget is presented below. A copy of the budget may be inspected or obtained at _____________________________
_______________________________________________ between the hours of __________ and ___________. This budget was prepared on
(Street address)
a basis of accounting that is:
consistent;
not consistent with the basis of accounting used during the preceding year. Major
changes, if any, and their effect on the budget, are explained below. This budget is for:
Annual Period;
2-Year Period.
County
City
Chairperson of governing body
Telephone number
(
)
FINANCIAL SUMMARY
FINANCIAL SUMMARY
Adopted Budget
Approved Budget
Check this box if your
TOTAL OF ALL FUNDS
This Year: 2009–2010
Next Year: 2010–2011
budget only has one fund.
1. Total Personal Services ........................................................
2. Total Materials and Services ................................................
3. Total Capital Outlay ..............................................................
4. Total Debt Service ................................................................
Anticipated
5. Total Transfers ......................................................................
Requirements
6. Total Contingencies ..............................................................
7. Total Special Payments ........................................................
8. Total Unappropriated and Reserved for Future Expenditure....
9. Total Requirements—add lines 1 through 8 .......................
10. Total Resources Except Property Taxes ...............................
Anticipated
11. Total Property Taxes Estimated to be Received ...................
Resources
12. Total Resources—add lines 10 and 11 ...............................
13. Total Property Taxes Estimated to be Received (line 11) .....
Estimated
14. Plus: Estimated Property Taxes Not to be Received............
Ad Valorem
A. Loss Due to Constitutional Limits ....................................
Property Taxes
B. Discounts Allowed, Other Uncollected Amounts .............
15. Total Tax Levied—add lines 13 and 14 ...............................
Rate or Amount
Rate or Amount
Tax Levies
16. Permanent Rate Limit Levy (rate limit ______________) .......
By Type
17. Local Option Taxes ...............................................................
18. Levy for Bonded Debt or Obligations ...................................
STATEMENT OF INDEBTEDNESS
Debt Outstanding
Debt Authorized, Not Incurred
None
As Summarized Below
None
As Summarized Below
PUBLISH BELOW ONLY IF COMPLETED
Estimated Debt Outstanding at the
Estimated Debt Authorized, Not Incurred at the
Long-Term Debt
Beginning of the Budget Year
Beginning of the Budget Year
July 1, 2010
July 1, 2010
Bonds ....................................
Interest Bearing Warrants ......
Other ......................................
Total Indebtedness ...............
Short-Term Debt
This budget includes the intention to borrow in anticipation of revenue (“Short-Term Borrowing”) as summarized below:
Estimated Amount
Estimated
Estimated
FUND LIABLE
to be Borrowed
Interest Rate
Interest Cost
150-504-073-2 (Rev. 01-10)
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