HomeMy WebLinkAbout1989 HearingNOTICE OF PUBLI: HEARING
BUDGET FOR FISCAL YEAR, 1989-90
CITY OF CHUBBUCK, IDAHO
NOTICE IS HEREBY GIVEN that the City Council of the City of Chubbuck, Idaho
will hold a public hearing for consideration of the proposed budget for fiscal
period October 1, 1989 - September 30, 1990, all pursuant to the provisions of
Section 50-1002, I . C. , said hearing to be held at City Municipal Building,
Chubbuck, Idaho at 7:30 p.m., on Tuesday, August 22, 1989. At said hearing all
interested persons may appear and show cause, if any they have, why said proposed
budget should not be adopted.
PROPOSED EXPENDITURES
THE FOLLOWING is an estimate set forth in said proposed budget, of the total
proposed expenditures and accuring indebtedness of the City of Chubbuck, Idaho
for the fiscal year period October 1, 1989 - September 30, 1990.
Proposed
GENERAL FUND Expenditures
General & Administration $ 452,400.00
Law Enforcement 498,783.00
Fire Control 192,235.00
Street Fund 422,000.00
Total General Fund $ 1,565,418.00
ENTERPRISE FUNDS
Waterworks Fund $ 655,500.00
Sanitation Fund 340,750.00
Sewer Fund 430,600.00
Central Garage Fund 73,386.00
Total Enterprise Fund $ 1,500,236.00
Bond & Interest Funds 87,750.00
Capital Improvement Funds 113,621.00
Park Dedication Fund 3,623.00
Total Bond & Capital
Improvement Fund $ 204,994.00
THE ESTIMATED REVENUE for the City of Chubbuck, Idaho, for fiscal period
October 1, 1989 - September 30, 1990 is as follows:
REVENUE FROM TAX LEVY:
General Fund Levy $ 318,906.00
Fire Control Levy 87,542.00
Law Enforcement 218,858.00
Tort Claim Insurance
45,112.00
Total Tax Levy $
670,418.00
Gas Franchise
17,000.00
TCI
18,000.00
Property Tax Interest
10,000.00
License & Permits
27,150.00
State Liquor Apportionment
20,000.00
Highway User's Revenue
297,000.00
Magistrate Court
30,000.00
Road & Bridge
25,000.00
Inventory Sales Tax
8,000.00
Sales Tax Revenue
220,000.00
State Grant - Cotant Park
-0-
Fire Protection Services
53,000.00
Recreation Programs
29,000.00
Services Fees (Land Use)
850.00
General Fund Interest Earings
15,000.00
Fund Balance & Other
110,000.00
Mi sc.
15,000.00
Total General Funds $
1,565,418.00
ENTERPRISE FUNDS
Sanitation Revenue
230,750.00
Sanitation Fund Balance
110,000.00
Water Revenue
435,500.00
Waterworks Fund Balance
200,000.00
TCD Interest
20,000.00
Sewer Revenue
370,600.00
Sewer Fund Balance
60,000.00
Central Garage Revenue
73,386.00
Total Enterprise Funds $
1,500,236.00
Page 2 -- BUDGET PUBLIC HEARING NOTICE
BOND & CAPITAL MPROVEMENT FUNDS
Water Revenue Bond & Interest Fund (Transfer)
Water Revenue Bond Fund Balance
Sewer Revenue Bond & Interest Fund (Transfer)
Sewer Revenue Bond Fund Balance
HS&R Capital Improvement Fund (Transfer)
HS&R Capital Improvement Fund Balance & Interest
Local Improvement District #1 (Transfer)
Local Improvement District #1 Fund Balance
Park Dedication Fund
Park Dedication Fund Balance
$ 23,435.00
9,501.00
67 ,000.00
54,041.00
7,500.00
102,805.00
-0-
9,241.00
1,000.00
2,623.00
I Ron C. Conlin, City Clerk of the City of Chubbuck, Idaho do hereby certify that
the above is a true and correct statement of the proposed expenditures and revenues
for fiscal year 1989-90, all of which have been tentatively approved and entered
at length in the Journal of Proceedings. Citizens are invited to attend the budget
hearing August 22, 1989 at 7:30 p.m., and have the right to provide written or oral
comments concerning the entire City Budget, and that a copy of the proposed City
Budget i'n detail is available at City Hall for inspection during regular office hours.
Dated this 9th day of August, 1989.
Please publish: August 13, 1988 and August 20, 1989.
,/-4m �- &"L,"
Ron C. Conlin, City Clerk