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Finance - Budgets - Notice of Public Hearing Budget - 07/28/2005 NOTICE OF PUBLIC HEARING BUDGET FOR FISCALYEAR 2006 CITY OF EAGLE, IDAHO Notice is hereby given that the City Council of the City of Eagle, Idaho, will hold a public hearing for consideration of the proposed budget including general revenue sharing for the fiscal period October 1, 2005, to September 30, 2006, pursuant to the provisions of Section 50-1002, Idaho Code. Said hearing to be held at Eagle City Hall, 310 E. State Street, Eagle, Idaho, at 5:30 p.m. on August 16, 2005. 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 accruing indebtedness of the City of Eagle, Idaho, for the fiscal period October 1, 2005, to September 30, 2006. FY 2004 FY 2005 FY 2006 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND RESERVE FUND $50,000 $50,000 $50,000 RESERVE FUND - 1ST QUARTER EXPENDITURES 500,000 525,000 525,000 LIBRARY RESERVE FUND 40,000 21,065 0 PERSONNEL 779,881 817,508 1,112,016 ADMINISTRATIVE DEPARTMENT 251,813 332,833 411,098 PUBLIC AFFAIRS/COMMUNITY RELATIONS 20,810 29,000 47,500 GRANTS 155 120,000 120,150 CULTURAL AND ARTS-FUNDED BY CABLE FRANCHISE FEES 43,171 94,675 0 CONTRACT & AGREEMENTS:1,064,600 1,360,045 1,970,234 PUBLIC WORKS DEPARTMENT 248,842 360,626 510,526 PARKS & PATHWAYS 320,816 450,805 699,932 CAPITAL OUTLAY 129,739 645,975 596,530 STRATEGIC ANNUAL GOALS 34,470 45,000 82,250 GENERAL FUND TOTAL $3,484,297 $4,852,532 $6,125,236 LIBRARY GEN OBLIGATION BOND FUND $235,514 $254,312 $256,721 LIBRARY FUND RESERVE FUND - 1st QUARTER EXPENDITURES $79,000 $160,000 $160,000 RESERVE FUND - AUTOMATION MIGRATION $0 $12,540 $57,612 PERSONNEL 411,791 431,274 560,732 OPERATIONS AND MAINTENANCE 176,031 212,211 229,606 CAPITAL OUTLAY 10,947 50,589 48,011 LIBRARY FUND TOTAL $677,769 $866,614 $1,055,961 WATER FUND OPERATIONS AND MAINTENANCE $100,569 $364,200 $408,768 CAPITAL OUTLAY 19,664 72,063 271,753 WATER FUND TOTAL $120,233 $436,263 $680,521 CAPITAL PROJECTS PARK FUND HILL ROAD PARK DEVELOPMENT $22,665 $491,818 $1,133,452 SYSTEM IMPROVEMENTS 8,333 0 0 $30,998 $491,818 $1,133,452 CULTURAL ARTS COMMISSION FUND PERSONNEL $0 $0 $10,732 ACTIVITIES 0 94,075 92,365 ARTS EDUCATION 0 0 15,000 CAPITAL EXPENDITURES 0 0 3,000 CULTURAL ARTS COMMISSION FUND TOTAL $0 $94,075 $121,097 PROPOSED EXPENDITURES CON'T FY 2004 FY 2005 FY 2006 FUND/OBJECT ACTUAL BUDGETED PROPOSED HISTORIC COMMISSION FUND PERSONNEL $0 $0 $10,953 EDUCATION 0 0 1,000 EXHIBITS 0 0 6,000 PROGRAMS 0 0 3,000 ADMINISTRATIVE DEPARTMENT 3,082 3,400 5,000 GRANTS 0 5,000 5,000 CAPITAL OUTLAY 2,674 3,453 2,800 HISTORIC COMMISSION TOTAL $5,756 $11,853 $33,753 TOTAL EXPENDITURES ALL FUNDS $4,554,567 $7,007,467 $9,406,741 PROPOSED REVENUES The estimated revenue for the City of Eagle, Idaho, for the fiscal period October 1, 2005, to September 30, 2006, is: FY 2004 FY 2005 FY 2006 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND CARRY OVER (PRIOR YEAR SAVINGS)$744,717 834,927 1,135,344 RESERVE FUND 50,000 50,000 50,000 RESERVE FUND 1ST QUARTER EXPENDITURES 500,000 525,000 525,000 PROPERTY TAX 553,552 665,263 764,300 OTHER TAX REVENUES 2,090 3,000 2,000 FRANCHISE FEES 344,264 364,500 398,000 LICENSES AND PERMITS 27,061 26,000 31,500 PERMITS AND FEES 1,564,851 1,116,805 1,675,640 COURT FINES AND FEES 64,354 61,000 61,000 INTERGOVERNMENTAL 906,581 974,906 1,163,067 CHARGES FOR SERVICES 2,734 2,500 6,500 DONATIONS 5,000 0 99,000 SPECIAL ASSESSMENTS 10,343 1,000 1,000 INVESTMENTS 24,002 25,000 35,000 MISCELLANEOUS 3,196 21,256 4,135 GRANTS 300 120,000 120,150 PROGRAMS & RECREATION 28,843 36,300 53,600 CULTURAL ARTS 13,381 25,075 0 HILL ROAD PARK DEVELOPMENT 2,500 0 0 GENERAL FUND TOTAL $4,847,769 $4,852,532 $6,125,236 LIBRARY GEN OBLIGATION BOND FUND CARRY OVER (PRIOR YEAR SAVING)$24,039 $24,277 $25,789 PROPERTY TAX REVENUE 228,535 229,732 STATE TREASURER INTEREST 1,500 1,200 BOND FUND TOTAL $24,039 $254,312 $256,721 BLOCK GRANT FUND/MERCY HOUSING BLOCK GRANT FUND/MERCY HOUSING $1,062 $0 $0 CITY HALL FUND STATE TREASURER INTEREST $69 $0 $0 LIBRARY FUND RESERVE FUND $20,935 $59,935 $160,000 CARRY OVER (PRIOR YEAR SAVING)58,935 27,000 15,759 BOISE LIBRARY REIMBURSEMENT 39,000 39,000 60,000 RESERVE FUND-AUTOMATION MIGRATION 0 12,540 57,612 TRANS FROM GENERAL FUND 40,000 61,065 0 DONATIONS 165 0 0 PROPERTY TAX REVENUE 620,030 635,374 727,090 OTHER REVENUE 31,123 31,700 35,500 LIBRARY FUND TOTAL $789,253 $866,614 $1,055,961 PROPOSED REVENUES CON'T FY 2004 FY 2005 FY 2006 FUND/OBJECT ACTUAL BUDGETED PROPOSED WATER FUND CARRY OVER (PRIOR YEAR SAVING)$119,062 $113,659 $140,999 OTHER REVENUE 76,474 322,604 539,522 WATER FUND TOTAL $195,536 $436,263 $680,521 CAPITAL PROJECTS PARK FUND CARRY OVER (PRIOR YEAR SAVING)$251,466 $260,818 $336,952 OTHER REVENUE 198,434 231,000 796,500 CAPITAL PROJECTS PARK FUND TOTAL $449,900 $491,818 $1,133,452 CULTURAL ARTS COMMISSION FUND CARRY OVER (PRIOR YEAR SAVING)$0 $0 $34,097 OTHER REVENUE 0 0 87,000 CULTURAL ARTS COMMISSION TOTAL $0 $0 $121,097 HISTORICAL COMMISSION FUND CARRY OVER (PRIOR YEAR SAVING)$519 $1,353 $5,253 OTHER REVENUE 5,743 10,500 28,500 HISTORICAL COMMISSION FUND TOTAL $6,262 $11,853 $33,753 TOTAL REVENUE ALL FUNDS $6,313,821 $6,913,392 $9,406,741 I, Sharon K. Bergmann, City Clerk/Treasurer of the City of Eagle, Idaho, do hereby certify that the above is a true and correct statement of the proposed expenditures and revenues for fiscal year 2006, all of which have been tentatively approved and entered at length in the Journal of Proceedings. A copy of the proposed City Budget in detail is available at City Hall for inspection during regular office hours, 8:00 a.m. to 5:00 p.m. DATED THIS 28th day of July, 2005. Sharon K. Bergmann City Clerk/Treasurer Publication Dates: August 2, 2005 and August 9, 2005