HomeMy WebLinkAbout09 06 2025 CDA Amended Budget667186
PROOF OF PUBLICATION
Idaho State Journal
State of Idaho
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 09/06/2025 last publication having been made on 09/1312025, 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./'Ym �/6 /4/"-1
attached jurat
STATE OF IDAHO
ss.
COUNTIES OF BANNOCK AND CARIBOU
On this 15th day of September, 2025 before me, the undersigned, a Notary public for said state, person-
ally appeared Collins Crapo, Processing Clerk 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.
Notary Public for APG of the Rockies
Residing: Idaho Falls, Idaho
Commission expires: 7/28/2028
AD# 667186AD#
LEGAL NOTICE
Notice of Public Hearing
Urban Renewal Agency of the City of Chubbuck, Idaho
aMa Chubbuck Development Authority
Budget Amendment for Fiscal Year 2025
A public hearing for consideration of the Urban Renewal Agency Project amended budget for the fiscal year that begins October
1, 2024, and ends September 30, 2025 will be held in Council Chambers, located at 290 E. Linden Ave, Chubbuck, Idaho, on Sep-
tember 16, 2025, at 5:30 p.m., pursuant to Idaho Code §§ 50-2006(d), 50-2903(5) and 50-1002. Written or oral comments about the
proposed budget are welcome. Written comments may be submitted prior to the meeting to: Chubbuck Development Authority, c/o
Ashley Squyres, 290 E Linden Ave., Chubbuck, ID 83202.
The Agency budget funds the programs, services, and capital projects that the Agency Board and the City Council have deter-
mined to be important to meet the Agency's strategic goals as described in the adopted urban renewal plans. Agency does not levy
property taxes but rather, collects increment revenues generated in accordance with the urban renewal plans.
This public hearing on the proposed budget is required for formal adoption of an amended FY2025 budget. The proposed expen-
ditures and revenues for FY2025 have been tentatively approved by the Chubbuck Urban Renewal Agency Board of Commissioners
on September 16, 2025.
City Hall is accessible to persons with disabilities
Pine Ridge Revenue Allocation Fund
Administrative Expenses
FY 2423
FY 2024
FY 2025
Debt Service
Budgeted
Budgeted
Amended
Fund Name
Revenues
Revenues
Revenues
Property Tax Revenue (Increment)
302,000
170,000
300,000
Chubbuck Improvement Revenue Allocation Fun
$2,575,000
-
-
Pine Ridge Revenue Allocation Fund
$297,000
$315,000
$300,000
Northside Crossing Revenue Allocation Fund
170,000
170,000
$228,400
Harvest Springs Revenue AilocationFund
20.000
40.00
$46.344
Total Property Tax Revenue
$3.062.004
$525,000
$57434
Revenue Sources Other Than Property Taxes
5,000
9,269
Chubbuck Improvement Revenue Fund
55,000
-
-
Pine Ridge Revenue Allocation Fund- Interest
5,000
5,000
7,000
Pine Ridge Revenue Allocation Fund- Carryover
20,000
18.000
55,000
Fund Balance Carryover from FY24
Administrative Fund - Carryover
-
44,800
76,800
Total Revenues- All Sources
$3.117.000
$574,800
$713.144
Legal
FY 2023
FY 2024
FY 2025
Dues & Subscriptions
Budgeted
Budgeted
Amended
Fund Name
Expenditures
Expenditures
Expenditures
Pine Ridge Revenue Allocation Fund
Administrative Expenses
15,000
34,000
18,400
Debt Service
287,000
136,000
180,000
Debi Trustee
102.000
Fund Total
302,000
170,000
300,000
Northside Crossing Revenue Allocation Fund
Administrative Expenses & Capital Improvements
34,000
8,000
45,600
Owner Participation Agreements or other Agreements
136,000
32,000
182.400
Fund Total
170,000
40.000
228,00 0
Harvest Springs Revenue Allocation Fund
Administrative Expenses & Capital Improvements
5,000
9,269
Owner Participation Agreements or other Agreements
15,000
14,000
37,075
Capital Improvements
15,000
Fund Total
20,000
18.000
46.344
Administrative Fund
Office & Financial Administration
14,000
80,000
City Administrative Reimbursement
-
Legal
15,000
24,000
Dues & Subscriptions
18,000
1,800
Professional Services
1,800
20,000
Other
12,000
Publications
1.000
1.000
Fund Total
49.800
1313,800
Total All Expenditures
$3.117.D00
$713,144
Published: September 6, 13, 2025 (ISJ848-667186)