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Home My WebLink About09 06 2024 CDA Amended Budget553605 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 09/06/2024 last publication having been made on 0911412024, 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 16th day of September, 2024 I attached jurat STATE OF IDAHO ss. COUNTIES OF BANNOCK AND CARIBOU Notary Public My commission expires: On this 16th day of September, 2024 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 sub- scribed 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_ Notary Public for APG of the Rockies Residing: Idaho Falls, Idaho Commission expires: 7/-Zf1/ Z `J' AD# 553505AD# LEGAL NOTICE Notice of Public Hearing Urban Renewal Agency of the City of Chubbuck, Idaho a/k/a Chubbuck Development Authority Amended Budget for Fiscal Year 2024 A public hearing for consideration of the Urban Renewal Agency Project amended budget for the fiscal year that begins October 1, 2023 and ends September 30, 2024 will be held in Council Chambers, located at 290 E. Linden Ave, Chubbuck, Idaho, on September 17, 2024, at 5:30 P.m., pursuant to Idaho Code §§ 50-2006(d), 50-2903(5) and 50-1002. Milan 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 determined 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 amended budget is required for formal adoption of the amended FY 2024 budget. City Hall is accessible to persons with disabilities. Fund Name Property Tax Revenue (Increment) Chubbuck Improvement Revenue Allocation Fund Pine Ridge Revenue Allocation Fund Northside Crossing Revenue Allocation Fund Harvest Springs Revenue Allocation Fund Northgale Revenue Allocation Fund Total Property Tax Revenue FY 2022 FY 2023 FY 2024 Budgeted Budgeted Budgeted R Revenues Revenues 118,000 E edit E qg dt Y $2,980,000 2155,000 $2,575,000 $ 2 $433 175,000 297,000 $318,000 90,000 $3 245 000 Revenue Sources Other Than Property Taxes Chubbuck Improvement Revenue Allocation Fund 55,000 Pine Ridge Revenue Allocation Fund - Northside Crossing Revenue Allocation Fund Harvest Springs Revenue Allocation - Fund Fund Balance Carryover & Additional Revenue- Chubbuck Improvement Fund Balance Carryover - Northside Crossing Agency Administrative Fund Revenues (from districts and other agreements) Total Revenues- All Sources $3 300 000 170,000 $228,500 20,000 40,000 7 $3 -0-62000 $586.940 50,000 118,000 5000 1,602,767 250,643 $73 308 $3117000 $2631,658 FY 2022 FY 2023 FY 2024 Budgeted Budgets tl Proposed Fund Name E o eff r e E edit E qg dt Y Former Categories (Unused in FY23 and FY24) Admin & Prof Services $ 95,500 - - Dues & Subscriptions $ 4,600 - - Other $ 3,000 - Capital Outlays $3,196,900 - - ChubbucklmprovementRevenue Allocation Fund Professional Service, Insurance, & Publications $ 65,200 $ 30,000 Owner Participation Agreements or other Agreements - 376,879 1,111,200 Debt Service - 420,000 Capital Improvements - 1727921 $580,000 To Administrative Fund - 35 000 - Fund Total - $2,625,000 $ 1,721,200 Pine Ridge Revenue Allocation Fund Administrative Expenses - 15,000 $ 18,000 Bond Obligation 287000 300 00 Fund Total 302 000 313_000 Northside Crossing Revenue Allocation Fund Administrative Expenses & Capital Improvements - 34,000 60,139 Owner Participation Agreements or other Agreements - 13600014 9.004 Fund Total - 170,000 $479,143 Harvest Springs Revenue Allocation Fund Administrative Expenses & Capital Improvements - 5,000 8,000 Owner Participation Agreements or other Agreements 15,000 32,000 Capital Improvements Fund Total 40M0 Northgate Revenue Allocation Fund - 7 Administrative Fund Office & Financial Administration - 14,000 City Administrative Reimbursement - - - 15,000 Legal - - 18,000 Publications - 1,000 Dues & Subscriptions - 1,800 Insurance 3,000 To Fund Balance 20,505 Fund Total - 73,308 Total All Expenditures $3,300,000 $ 3 117000 $2,881,658 Published: September 6,14, 2024 (ISJ848-553605)