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HomeMy WebLinkAbout07 30 2019 BudgetPROOF OF PUBLICATION STATE OF .IDAHO County of Bannock LN26370 KAREN ?MASON being first duly sworn on oath deposes and says. - NOTICE OF PUBLIC HEARING izen PROPOSED BUDGET FOR FISCAL YEAR 2019-2020 (FY 2020) CITY OF CHUBSUCK .170 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, 2019, to September 30, 2020. The hearing w€II be held at Chubbuck aty Council Chambers, 5160 Yellowstone Ave, Chubbuck, Idaho at 6:00pm on August 7, 2019. All Interested persons and are.invited to appear and show cause, if any, why such budget should or should not be adopted. Copies ofthe proposed City Budget are available at Chubbuck City Hall during regular office hours. City Hall is accessible to person with disabilities. Anyone desiring accommodations for disabilities related to the budget documents or to the pub;lc hearing please contact the aty Clerk's Office, 237-2400 at least 48 hours prior to the pubJic hearing. The proposed FY2070 budget is shown below as FY2020 proposed expenditures and revenues. PROPOSED REVENUE FY2018 FY2019 FY2020 Budget Budget Proposed Revenues Revenues - Revenues Property Tax Levy General Fund 4,345,464 4,792,338 5,044,579 Highway, Streets 951,891 771,658 900,000 Tort Claim Ins, 35,000 100,000 175,000 Total Property Tax Levy 5,332,355 5,663,996 6,119,579 Revenue Sources Other Than Property Taxes Genera IFund 2,273,529 2,371,758 2,19S,943 Highway, Streets & Roads 598,847 955,622 927,000 Water Fund 2,423,821 2,646,207 2,646,207 Wastewater Fund 2,532,863 2,958,890 3,011,815 Sanitation fund 1,814,635 1,814,635 1,814,635 Special. Revenue funds 146,900 146,900 146,900 1 Chubbuck Dev. Auth. 2,250,000 2,637,630 2,750,000 Grand Total All Funds 17,372,950 39,195,n38 19,612,079 d is a PROPOSED EXPENDITURES FY2018 FY2019 FY2020 Buget Budget Proposed Fund Name Expenditures Expenditures Expenditures General fund 6,653,993 7,264,096 7,415,522 Highway, Streets & Roads 1,550,738 1,727,280 1,827000 Water Fund 2,423,821 2,646,207 2,646,207 Wastewater Fund 2,532,863 2,958,890 3,011,815 Sanitation fund 1,814,635 1,814,635 1,814,635 Special Revenue Funds 146,900 146,900 146,900 a Chubbuck DevelopmentDevelopment Authority o630 50,000 2,637,6 2,750,000 )N Grand Total 17,372,950"._..._... ,.,,.....,,_ 19,195 38 19,617,079 Iaaxle The proposed expenditures and revenues for fiscal year 2019.2020 have been tentatively approved by the city council. Citizens are invited to attend the budget ]e hearing, August 7, 2019, 6:00pm, L are isLRichMorF.ah. (j{y TrracE�rar 3�3e. Please Publish two times :July 30 and August 6, 2019 Published July 30, 2019 and August 6, 2019 LN26370