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HomeMy WebLinkAbout08 17 2008 BudgetPROOF OF PUBLICATION Notice of Public Hearing Proposed Budget tor Fiscal Year 2008.2009 (FY2009) City of Chubbuck A public hearing , pursuant to Idaho Code 50-1002, will be held for consideration of the proposed budget for the Fiscal year from October 1, 2008, to Sep- tember 30.2009. The hearing will be held at Chubbuck City Council Chambers, 5160 Yellowstone Ave, Chubbuck, Idaho at 7:30pm on August 26, 2008, 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 City Budget in de- tail are available at Chubbuck City Hall during regular office hours (8:00am to 5:00pm weekdays). City Hall is accessible to persons with disabilities. Anyone desiring accommodations for disabilities related to the budget documents or to the hearing please contact the City Clerk's Office, 237-2400 at least 48 hours prior to the public hearing. The proposed FY2009 budget is shown below as FY2009 proposed expenditures and revenues. Proposed Expenditures FY 2007 FY 2008 FY 2009 Proposed Actual Budget Fund Name Expenditures Expenditures Expenditures General Fund Police Dept. $ 2,119,291 $ 2,423,132 $ 2,543,132 Fire Dept. $ 893,418 $ 949,283 $1,057,283 Parks & Roo, $ 559,722 $ 657;043 $ 657,043 General Admin. $ 335,110 $ 365,353 $454,698$4,712,156 454,69$ Total General Fund- $ 3,907,541 $ 4,394:811 $ 4.712,156 Street Fund $ 651,487 $ 789,240 $ 849,662 Parks Dedication $ 22,300 $ 84.000 $ 84,000 Chubbuck Dev. Authority $ 746,535 $1,673,000 $1,934,000 Sewer Fund $1:730,764 $1,935.955 $ 2,043,000 Water Fund $1,661,697 $ 2,034,658 $ 2,029,000 Sanitation Fund $1,094,356 f 51,745,704 $1,261,000 Special Rev. Fund $ 79,107 $ 62,900 $ 62,940 Employee Benefit $ 740,260 $ 770,000 $ 858,634 Grand Total $10,634,044 $ 13,490,264 $ 13,834,352 Proposed Revenue FY 2007 FY 2008 FY 2009 Actual Budget Proposed Property Tax Levy Revenues Revenues Revenues Potice Dept. $ 1.241,349 $1.355,992 $1,475,992 General Fund $ 672,239 $ 734,323 $ 844,170 Fire Control $ 651,707 $ 711,894 $ 819,894 Highway: Streets $ 28062 $ 333,662 $ 383,662 Tort Claim Ins. $ 35,000 $ 35,000 $ 35,000 Total Property Tax Levy $ 2,883,957 $ 3,170,871 $ 3,558,718 Revenue Sources Other than Property Taxes $1,537,100 General Fund $1,878,800 $1,557,602 Park Dedication $ 57,576 $ 84,000 $ 84,000 Chubbuck Dev. Authority $1,560,016 $1,673,000 $1,934,000 Streets Fund $ 374,131 $ 455,578 $ 466,004 Sewer Fund $ 2,131,862 $1,935,955 $ 2,043,000 Water Fund $ 2,129,308 $ 2,034,658 $ 2,029,000 Sanitation Fund $ 897,472 $1,745,700 $1,261,000 Special Revenue Fund $ 33,027 $ 62,900 $ 62,900 Fmpioyee Benefit $ 655,420 $ 770.000 $ 858,634 Grand Total $12,601,569 $13,490,264 $13,834,352 The proposed expenditures and revenues for fiscal year 2008-2009 have been tentatively approved by the City Council and entered in detail in the Journal of Proceedings. Citizens are invited to attend the budget hearing, August 26, 2008 at 7:30pm. Isl Rich Mogan Rich Morgan, City Treasurer