HomeMy WebLinkAboutHearing #1 Budget Notice of Public HearingNOTICE OF PUBLIC HEARING
PROPOSED BUDGET FOR FISCAL YEAR 2023-2024 (FY 2024)
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, 2023, to
September 30, 2024 and for the consideration of the proposed use or reserve of forgone property taxes for the fiscal year from October 1, 2023 to
September 30, 2024. The hearing will be held at Chubbuck City Council Chambers, 290 E Linden St, Chubbuck, Idaho at 6:OOpm on August 2, 2023. 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 FY2024 budget is shown below as FY2024 proposed expenditures and revenues.
PROPOSED REVENUE FY2022 FY2023 FY2024
Budget Budget Proposed
Revenues Revenues Revenues
Property Tax Levy
Budget
Budget
Proposed
General Fund
5,559,550
5,883,814
7,787,821
Highway, Streets
927,000
945,540
1,201,406
Tort Claim Ins.
185,000
185,000
215,000
Total Property Tax Levy
6,671,550
7,014,354
9,204,227
Revenue Sources Other Than Property Taxes
3,250,000
3,673,000
6,364,000
General Fund
2,403,995
2,570,080
2,847,669
Highway, Streets & Roads
950,000
1,354,460
1,968,194
Water Fund
2,750,000
4,701,300
4,938,400
Wastewater Fund
3,250,000
3,673,000
6,364,000
Sanitation Fund
1,850,000
2,442,900
2,952,800
Grand Total All Funds
17,875,545
21,756,094
28,275,290
PROPOSED EXPENDITURES FY2022 FY2023 FY2024
The proposed expenditures and revenues for fiscal year 2023-2024 have been tentatively approved by the city council. Citizens are invited to attend the
budget hearing, August 2, 2023, 6:OOpm.
Rich Morgan, City Treasurer
Please Publish two times: July 25 and August 1, 2023
Budget
Budget
Proposed
Fund Name
Expenditures
Expenditures
Expenditures
General Fund
8,148,545
8,638,894
10,850,490
Highway, Streets & Roads
1,877,000
2,300,000
3,169,600
Water Fund
2,750,000
4,701,300
4,938,400
Wastewater Fund
3,250,000
3,673,000
6,364,000
Sanitation fund
1,850,000
2,442,900
2,952,800
Grand Total
17,875,545
21,756,094
28,275,290
The proposed expenditures and revenues for fiscal year 2023-2024 have been tentatively approved by the city council. Citizens are invited to attend the
budget hearing, August 2, 2023, 6:OOpm.
Rich Morgan, City Treasurer
Please Publish two times: July 25 and August 1, 2023