HomeMy WebLinkAboutPH #1 Budget PresentationFY27
Budget Proposal
Fiscal Year 2027
Budget Schedule
April 2026
City of Chubbuck Budget Book Format
was presented to Council
Fiscal Year 2027 Budget Proposal
Fiscal Year 2027
Budget Proposal
Notice of Public Hearing &
Property Tax (L2)
FY26 Property Tax Budget $8,987,243
Allowed 3% increase$269,617
New Construction $84,019
Annexation $0
Total Non-Exempt FY27 Budget $9,340,879
Personal Property Replacement $(144,449)
Max NE FY27 Budget w/o Forgone $9,196,430
Forgone $0
Max Non-Exempt FY27 Budget $9,196,430
Preliminary NOPH information was provided to
Council prior to Council Meeting on July 1,
2026.
Actual L2 information was received from
Bannock County on July 27, 2026.
Published Proposed Property Tax
Revenue$9,308,502
L2 Provided Maximum Allowable Levy
$9,196,430
Shortage $ 112,072
Fiscal Year 2027 Budget Proposal
Property Tax (L2) Possible Adjustments
3%2%1%0%
FY26 Property
Tax Budget 8,987,243 8,987,243
8,987,24
3 8,987,243
Allowed 3%
Increase 269,617 179,745 89,872 0
New Construction 84,019 84,019 84,019 84,019
Annexation 0 0 0 0
Total Non-Exempt FY27
Budget 9,340,879 9,251,007
9,161,13
4 9,071,262
Personal Property
Replacement (144,449)(144,449)
(144,449
)(144,449)
Max NE FY27 Budget w/o
Forgone 9,196,430 9,106,558
9,016,68
5 8,926,813
Forgon
e 0 0 0 0
9,016,68
Fiscal Year 2027 Proposed Budget
by Revenue Source
•Property Tax $9,196,430
•General$8,070,569
•HSR$1,125,861
•Shared Rev$5,057,460
•General$3,875,000
•Grant $20,000
•Recreation$138,198
•HSR$1,024,262
•User Fees$12,023,083
•Water$4,454,973
•Wastewater$4,837,790
•Sanitation$2,730,320
•Fund Balance $1,962,297
Fiscal Year 2027 Proposed Budget
by Fund
•Total$28,239,270
•General$12,706,956
•HSR $3,073,481
•Water $4,504,641
•Wastewater $4,494,751
•Sanitation$3,459,441
Public Hearing
Discussion