HomeMy WebLinkAboutNotice of Public HearingNOTICE OF PUBLIC HEARING
PROPOSED BUDGET FOR FISCAL YEAR 2022-2023 (FY 2023)
CITY OF CHUBBUCK
A public hearing, pursuant to Idaho code 50-1002, will be held for consideration of the proposed budget for the fiscal year from October 1, 2022, to
September 30, 2023 and for the consideration of the proposed use or reserve of forgone property taxes for the fiscal year from October 1, 2022 to
September 30, 2023. The hearing will be held at Chubbuck City Council Chambers, 290 E Linden St, Chubbuck, Idaho at 6:OOpm on August 3, 2022. All
interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted. Copies of the proposed City Budget
are available at Chubbuck City Hall during regular office hours. City Hall is accessible to person with disabilities. Anyone desiring accommodations for
disabilities related to the budget documents or to the public hearing please contact the City Clerk's Office, 237-2400 at least 48 hours prior to the public
hearing. The proposed FY2023 budget is shown below as FY2023 proposed expenditures and revenues.
PROPOSED REVENUE
FY2021
FY2022
FY2023
Budget
Budget
Proposed
Fund Name
Revenues
Revenues
Revenues
Property Tax Levy
7,520,858
8,148,545
8,638,894
General Fund
5,325,956
5,559,550
5,948,412
Highway, Streets
927,000
927,000
955,000
Tort Claim Ins.
185,000
185,000
185,000
Total Property Tax Levy
6,437,956
6,671,550
7,088,412
Revenue Sources Other Than Property Taxes
17,470,960
17,875,545
22,600,094
General Fund
2,009,902
2,403,995
2,505,482
Highway, Streets & Roads
950,000
950,000
1,345,000
Water Fund
3,096,062
2,750,000
4,701,300
Wastewater Fund
3,162,405
3,250,000
4,517,000
Sanitation Fund
1,814,635
1,850,000
2,442,900
Grand Total All Funs
17,470,960
17,875,545
22,600,094
PROPOSED EXPENDITURES
FY2021
FY2022
FY2023
Budget
Budget
Proposed
Fund Name
Expenditures
Expenditures
Expenditures
General Fund
7,520,858
8,148,545
8,638,894
Highway, Streets & Roads
1,877,000
1,877,000
2,300,000
Water Fund
3,096,062
2,750,000
4,701,300
Wastewater Fund
3,162,405
3,250,000
4,517,000
Sanitation fund
1,814,635
1,850,000
2,442,900
Grand Total
17,470,960
17,875,545
22,600,094
The proposed expenditures and revenues for fiscal year 2022-2023 have been tentatively approved by the city council. Citizens are invited to attend the
budget hearing, August 3, 2022, 6:OOpm.
Rich Morgan, City Treasurer
Please Publish two times : July 26 and August 2, 2022