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HomeMy WebLinkAbout09 05 2023 CDA Supplemental BudgetState of Idaho County of Bannock PROOF OF PUBLICATION Idaho State Journal I, Collins Crapo first being duly sworn, depose and say: That I am the C4esa� 44aaage 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 Satur- day, 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 09/05/2023 last publication having been made on 0911212023, 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. Subscribed and sworn to before me, on this 12th day of September, 2023 VERAJ PG':'ELL �No-I&RY PUBLIC - S TATE OF IDAHO I COMMISSION NUNi ER 2M2024 Notary Public MY i C Mli'a5!i3N EXP1 iE5 5-3 i^'My commission expires: attached jurat STATE OF IDAHO ss. COUNTY OF BANNOCK On this 12th day of September, 2023 before me, the undersigned, a Notary public for said state, person- ally appeared Collins Crapo, known or identified to me to be the person(s) whose name(s) is/are subscribed to the within instrument, and being by me first duly sworn, declared 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. VERAJ FO i..! L NOTAW PUBLIC - STATE OF if)F,I-,v G0"J1 S< '0N NU,- i3ER 202?2fig 4, MV CO°� M,!SSION; EXPRES L,-, 212.3 ;5, 10 Notary Public for APG of the Rockies Residing: Idaho Falls, Idaho Commission expires: 413128 ADN 413123ADN LEGAL NOTICE Notice of Public Hearing Urban Renewal Agency of the City of Chubbuck, Idaho a/k/a Chubbuck Development Authority Proposed Supplemental Budget for Fiscal Year 2023 A public hearing for consideration of the proposed Supplemental Urban Renewal Agency budget for the fiscal year that begins Oc- tober 1, 2022, and ends September 30, 2023 will be held in Council Chambers, located at 290 E. Linden Ave, Chubbuck, Idaho, on September 19, 2023, 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 Devin Hillam, 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 the FY 2023 Supplemental budget. City Hall is accessible to persons with disabilities. 3,000 3,000 2,492,000 3,196,900 $2,800,000 $3 299 500 420,000 Estimated Revenues 1,727,921 FY 2021 FY 2022 FY 2023 FY 2023 Proposed $2.672.450 Budgeted Budgeted Budgeted Supplemental Fund Name Revenues Revenues Revenues Revenues Properly Tax Revenue $170,000 170M0 5,000 $5,000 (Increment) Chubbuck Improvement Revenue Allocation Fund $2,575,000 $2,980,000 $ 2,450,000 Pine Ridge Revenue Allocation Fund 175,000 175,000 297,000 270,000 Northside Grossing Revenue Allocation Fund - 90,000 170,000 170,000 Harvest Springs Revenue Allocation Fund Total Property Tax Revenue Revenue Sources Other Than Property Taxes Fund Balance Carryover Total Revenues- All Sources Fund Name General Administration Admin & Prof Services Dues & Subscriptions Other Capital Outlays Fund Total Chubbuck Improvement Revenue Allocation Fund Professional Services, Insurances, & Publications Owner Participation Agreements or other Agreements Debt Service Capital Improvements Administrative Expensf Fund Total Pine Ridge Revenue Allocation Fund Agency Administrative Expenses Bond Obligations & Administration Fund Total 20,000 20,000 $2.7,90.000 $3,245,000 $3,062,000 $2,910,000 50,000 55,000 55,000 40,000 225.450 $ M00,000 000 $3 300 000 3 117000 $M,175,450 Proposed Expenditures FY 2021 FY 2022 FY 2023 FY 2023 Proposed Budgeted Budgeted Budgeted Supplemental Expenditures Expenditures Expenditures Expenditures 300,000 95,500 5,000 4,600 3,000 3,000 2,492,000 3,196,900 $2,800,000 $3 299 500 Northside Crossing Revenue Allocation Fund Administrative Expenses & Capital Improvements - Owner Participation Agreements or other Agreements - Fund Total Harvest Springs Revenue Allocation Fund Administrative Expenses & Capital Improvements - Owner Participation Agreements or other Agreements Fund Total Total All Expenditures $ 2 800'000 Published: September 5,12, 2023 (1 38,400 4,600 $ 43.000 $ 65,200 $ 44,237 376,879 448,213 420,000 1,727,921 2,100,000 35,000 80,000 $ 2 625 00I) $2.672.450 15,000 15,000 287000 255.000 $ 302.000 $270,000 34,000 49,600 130,00() 120,400 $170,000 170M0 5,000 $5,000