HomeMy WebLinkAbout1988 HearingNOTICE OF PUBLIC HEARING
L)JDGET FOR FISCAL YEAR, 198b-89
City of Chubbuck, Idaho
NOTICE IS HEREBY GIVEN that the City Council of the City of Chubbuck, Idaho
will hold a public hearing for consideration of the proposed budget for fiscal
period October 1, 1988 - September 30, 1989, all pursuant to the provisions of
Section 50-1002, T.C., said hearing to be held at City Municipal Building,
Chubbuck, Idaho at 7:30 p.m., on Tuesday, August 23, 1988. At said hearing all
interested persons may appear and show cause, if any they have, why said proposed
budget should not be adopted.
PROPOSED EXPENDITURES
THE FOLLOWING is an estimate set forth in said proposed budget, of the total
proposed expenditures and accuring indebtedness of the City of Chubbuck, Idaho
for the fiscal year period October 1, 1988 - September 30, 1989.
Bond & Interest Funds 86,662.00
Capital Improvement Funds 104,151.00
Park Dedication Fund 4,600.00
Total Bond & Capital
Improvement Fund $ 195,413.00
THE ESTIMATED REVENUE for the City of Chubbuck, Idaho, for fiscal period
October 1, 1988 - September 30, 1989 is as follows:
REVENUE FROM TAX LEVY:
General Fund Levy $
Proposed
GENERAL FUND
Expenditures
General & Administration
$ 671,027.00
Law Enforcement
465,422.00
Fire Control
180,907.00
Street Fund
289,608.00
Total General Fund
$ 1,606,964.00
ENTERPRISE FUNDS
10,000.00
Waterworks Fund
623,500.00
Sanitation Fund
330,750.00
Sewer Fund
405,100.00
Central Garage Fund
77,375.00
Total Enterprise Fund
$ 1,436,725.00
Bond & Interest Funds 86,662.00
Capital Improvement Funds 104,151.00
Park Dedication Fund 4,600.00
Total Bond & Capital
Improvement Fund $ 195,413.00
THE ESTIMATED REVENUE for the City of Chubbuck, Idaho, for fiscal period
October 1, 1988 - September 30, 1989 is as follows:
REVENUE FROM TAX LEVY:
General Fund Levy $
300,701.00
Fire Control Levy
81,526.00
Law Enforcement
208,541.00
Tort Claim Insurance
48,588.00
Total Tax Levy $
639,356.00
Gas Franchise
20,000.00
TCI
16,000.00
Property Tax Interest
10,000.00
License & Permits
27,150.00
State Liquor Apportionment
20,000.00
Highway User's Revenue
254,608.00
Magistrate Court
30,000.00
Road & Bridge
35,000.00
Inventory Sales Tax
7,000.00
Sales Tax Revenue
184,000.00
State Grant - Cotant Park
4,000.00
Fire Protection Services
53,000.00
Recreation Programs
29,000.00
Services Fees (Land Use)
850.00
General Fund Interest Earnings
12,000.00
Fund Balance & Other
115,000.00
Sale of Lands
150,000.00
Total General Funds $
1,606,964.00
ENTERPRISE FUNDS
Sanitation Revenue
220,750.00
Sanitation Fund Balance
110,000.00
Water Revenue
418,500.00
Waterworks Fund Balance
190,000.00
TCD Interest
15,000.00
Sewer Revenue
390,100.00
Sewer Fund Balance
15,000.00
Central Garage Revenue
77,375.00
Total Enterprise Funds
$ 1,436,725.00
Page 2 - BUDGET PUBLIC HEARING NOTICE
BOND & CAPITAL IMPROVEMENT FUNDS
Water Revenue Bond & Interest Fund (Transfer)
Water Revenue Bond Fund Balance
Sewer Revenue Bond & Interest Fund (Transfer)
Sewer Revenue Bond Fund Balance
HS&R Capital Improvement Fund (Transfer)
HS&R Capital Improvement Fund Balance & Interest
Local Improvement District #1 (Transfer)
Local Improvement District #1 Fund Balance
Park Dedication Fund
Park Dedication Fund Balance
$ 25,700.00
6,500.00
69,000.00
52,000.00
6,000.00
101,000.00
-0-
8,725.00
2,000.00
2,600.00
I, Ron C. Conlin, City Clerk of the City of Chubbuck, Idaho do hereby
certify that the above is a true and correct statement of the proposed
expenditures and revenues for fiscal year 1988-89, all of which have been
tentatively approved and entered at length in the Journal of Proceedings.
Citizens are invited to attend the budget hearing August 23, 1988 at 7:30 p.m.,
and have the right to provide written or oral comments concerning the entire
City Budget, and that a copy of the proposed City Budget in detail is avail-
able at City Hall for inspection during regular office hours.
Dated this 10th day of August, 1988.
/'; ?; � " �' 00 Y �
Ron C. Conlin, City Clerk
Please publish: August 14, 1988 and August 21, 1988.