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HomeMy WebLinkAbout08 05 2025 CDA Budget HearingState of Idaho PROOF OF PUBLICATION Idaho State Journal Counties of Bannock and Caribou I, Collins Crapo first being duly sworn, depose and say: That I am the Processing Clerk employed by Adams Publishing Group of the Rockies LLC, publishers of Idaho State Journal, a newspaper of general circulation, published 4 days, Tues -Wed -Friday and Saturday, at Pocatello, Idaho. That the notice, of which a copy is hereto attached and made a part of this affidavit, was pub- lished in said Idaho State journal and on IdahoPublicNotices.com for 2 day(s), first publication having been made on 08/05/2025 last publication having been made on 0811212025, and that the said notice was published in the regular and entire issue of said paper on the respective dates of publication, and that such notice was published in the newspaper and not in a supplement. ,I J n attached jurat STATE OF IDAHO ss. COUNTIES OF BANNOCK AND CARIBOU On this 12th day of August, 2025 before me, the undersigned, a Notary public for said state, personally appeared Collins Crapo, Processing Cleric employed by Adams Publishing Group of the Rockies LLC, publishers of Idaho State Journal, a newspaper of general circulation, known or identified to me to be the person whose name is subscribed to the within instrument, and being by me first duly sworn, de- clared that the statements therein are true, and acknowledged to me that he/she/they executed the same, IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. 660783 Notary Public for APG of the Rockies Residing: Idaho Falls, Idaho Commission expires: 7/28/2028 ADM 660783ADM LEGAL NOTICE NOTICE OF PUBLIC HEARING Proposed Budget for Fiscal Year 2026 Chubbuck Development Authority Chubbuck, Idaho A public hearing pursuant to Idaho Code 50-1002 will be held for consideration of the Chubbuck Development Authority (CDA) proposed budget for the fiscal year from October 01, 2025 to September 30, 2026. The hearing will be held at Chubbuck City Hall, 290 East Linden Avenue, Chubbuck, Idaho at 5:30PM on Tuesday, August 19, 2025.The CDA budget funds the programs, services and capital projects that the CDA Board has determined to be important to meet CDAs strategic goals. All interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted. Copies of the proposed CDA budget in detail are available at the City Hall during regular office hours (8:00AM. to 5:OOPM. weekdays). Written comments may be submitted by email to Ashley Squyres, CDA Executive Director, prior to the meeting at: chubbuckura@gmail.com. This public hearing on the proposed budget Is required for formal adoption of the FY2026 budget. City Hall is accessible to persons with disabilities. Anyone desiring accommodation for disabilities related to the budget documents or to the hearing, please contact the City Clerk's Office, (208) 237-2400 at least 48 hours prior to the public hearing. The proposed FY2026 budget Is shown below including estimated expenditures and revenues. The proposed expenditures and revenues for FY2026 have been tentatively approved by the Chubbuck Development Authority by action taken at its Board meeting of July 28, 2025. Ashley Squyres Executive Director for the Chubbuck Development Authority Agency Published: August 5, 12, 2025 (ISJ848-660783) FY 2024 FY 2025 FY 2025 Proposed FY 2026 Actual Budget -Original Actual to Date Budget Revenue - Taxes $ 491,759 $ 520,000 $ 290,890 $ 610,000 Revenue - Other $ 158,753 $ 7,000 $ 46,392 $ 24,000 Expenditures $ 2,241,219 $ 478,800 $ 473,956 $ 768,191 Capital Outlay $ 0 $ 0 $ 0 $ 0 Net Effect Fund Balance $ (1,590,707) $ 48,200 $ (136,674) $ (134,191) The proposed expenditures and revenues for FY2026 have been tentatively approved by the Chubbuck Development Authority by action taken at its Board meeting of July 28, 2025. Ashley Squyres Executive Director for the Chubbuck Development Authority Agency Published: August 5, 12, 2025 (ISJ848-660783)