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HomeMy WebLinkAboutItem #1 FY26 BudgetCITY OF CHUBBUCK ORDINANCE #XXX AN ORDINANCE OF THE CITY OF CHUBBUCK, BANNOCK COUNTY, IDAHO APPROPRIATING THE SEVERAL SUMS OF MONEY DEEMED NECESSARY AND SUFFICIENT TO DEFRAY ALL EXPENSES AND LIABILITIES OF THE CITY OF CHUBBUCK FOR THE FISCAL YEAR BEGINNING ON THE 1ST DAY OF OCTOBER, 2025, AND ENDING ON THE 30TH DAY OF SEPTEMBER, 2026, AND DESIGNATING THE DIFFERENT FUNDS TO WHICH SHALL BE DRAWN AND PAID, AND KNOWN AS THE “ANNUAL APPROPRIATION ORDINANCE OF FISCAL YEAR 2026” PURSUANT TO THE PROVISIONS OF SECITON 50-1003, IDAHO CODE, PROVIDING FOR THIS ORDINACE TO TAKE EFFECT AFTER ITS PASSAGE, APPROVAL AND PUBLICATION ACCORDING TO LAW. NOW THEREFORE, BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF CHUBBUCK, A MUNICIPAL CORPPORATION OF IDAHO AS FOLLOWS: Section 1: That the following funds are designated as the proper funds into which all revenues accruing to the City of Chubbuck from all sources shall be paid during the fiscal year beginning on the 1st day of October 2025 and ending on the 30th day of September 2026. The General Fund, Highway Streets and Roads Fund, Water Fund, Wastewater Fund, and Sanitation Fund. Section 2: That the following sums of money are hereby appropriated from the General Fund and the Highway Streets and Roads Fund for the payment of all Fund expenses of the City of Chubbuck during aforesaid fiscal year: General Fund: $12,060,973 Highway Streets and Roads Fund: $3,572,816 Section 3: That the following sums of money are hereby appropriated from the Water Fund, Wastewater Fund and Sanitation Fund for the payment of all Water, Wastewater and Sanitation expenses of the City of Chubbuck during aforesaid fiscal year: Water Fund: $4,298,137 Wastewater: $3,883,242 Sanitation: $3,470,531 Section 4: That all ordinances, resolutions, or parts thereof, in conflict herewith are expressly repealed: That the rule requiring ordinances to be read on three separate occasions is hereby dispensed with, and this ordinance shall become effective upon its approval and publication as provided by law. PASSED AND APPROVED BY THE MAYOR AND COUNCIL OF THE CITY OF CHUBBUCK, IDAHO, THIS 20th DAY OF August 2025. CITY OF CHUBBUCK MUNICIPAL CORPORATION OF IDAHO Kevin England, Mayor Joseph Bowers, City Clerk.