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Finance - Budgets - Notice of Public Hearing Budget - 07/24/2004 NOTICE OF PUBLIC HEARING BUDGET FOR FISCALYEAR 2005 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, 2004, to September 30, 2005, 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 17, 2004. 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, 2004, to September 30, 2005. FY 2003 FY 2004 FY 2005 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND RESERVE FUND $50,000 $50,000 $50,000 RESERVE FUND - 1ST QUARTER EXPENDITURES 325,000 500,000 525,000 LIBRARY RESERVE FUND 0 40,000 21,065 PERSONNEL 629,162 666,516 809,508 ADMINISTRATIVE DEPARTMENT 297,224 293,809 321,606 PUBLIC AFFAIRS/COMMUNITY RELATIONS 13,946 22,000 29,000 CULTURAL AND ARTS-FUNDED BY CABLE FRANCHISE FEES 26,321 60,000 94,675 CONTRACT LABOR & SERVICES 875,319 1,022,966 1,368,045 PUBLIC WORKS DEPARTMENT 0 294,840 329,258 PARK AND RECREATION DEPARTMENT 204,562 0 0 PARK DEVELOPMENT 650,119 0 0 GRANTS 0 120,000 120,000 PARKS & PATHWAYS 0 858,144 518,515 CAPITAL OUTLAY 392,054 391,000 643,287 STRATEGIC ANNUAL GOALS 9,805 46,000 45,000 GENERAL FUND TOTAL $3,473,512 $4,365,275 $4,874,959 CITY HALL CONSTRUCTION FUND $861 $2,664,206 $0 LIBRARY GEN OBLIGATION BOND FUND $235,281 $255,018 $254,440 BLOCK GRANT FUND $413,184 $7,000 $0 LIBRARY FUND RESERVE FUND - 1st QUARTER EXPENDITURES $0 $80,935 $160,000 PERSONNEL 364,810 403,691 431,274 OPERATIONS AND MAINTENANCE 178,139 206,350 212,211 CAPITAL OUTLAY 27,610 17,947 23,589 LIBRARY FUND TOTAL $570,559 $708,923 $827,074 WATER FUND OPERATIONS AND MAINTENANCE $81,220 $44,500 $364,200 CAPITAL OUTLAY 12,240 225,614 49,632 WATER FUND TOTAL $93,460 $270,114 $413,832 CAPITAL PROJECTS PARK FUND HILL ROAD PARK DEVELOPMENT $23,985 $187,560 $472,878 SYSTEM IMPROVEMENTS 48,561 0 0 $72,546 $187,560 $472,878 HISTORIC COMMISSION FUND ADMINISTRATIVE DEPARTMENT $3,105 $3,400 $3,400 GRANTS 0 5,000 5,000 CAPITAL OUTLAY 2,297 2,979 3,047 HISTORIC COMMISSION TOTAL $5,402 $11,379 $11,447 TOTAL EXPENDITURES ALL FUNDS $4,864,805 $8,469,475 $6,854,630 PROPOSED REVENUES The estimated revenue for the City of Eagle, Idaho, for the fiscal period October 1, 2004, to September 30, 2005, is: FY 2003 FY 2004 FY 2005 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND CARRY OVER (PRIOR YEAR SAVINGS)$651,186 $163,504 880,877 RESERVE FUND 50,000 50,000 50,000 RESERVE FUND 1ST QUARTER EXPENDITURES 325,000 500,000 525,000 PROPERTY TAX 469,051 539,745 665,243 OTHER TAX REVENUES 1,481 3,000 3,000 FRANCHISE FEES 332,744 483,500 359,000 LICENSES AND PERMITS 18,478 19,250 25,500 PERMITS AND FEES 1,404,062 1,050,030 1,106,762 COURT FINES AND FEES 65,319 61,000 61,000 INTERGOVERNMENTAL 780,336 849,031 974,906 CHARGES FOR SERVICES 1,939 4,500 2,500 DONATIONS 0 10,000 0 SPECIAL ASSESSMENTS 3,516 5,962 1,000 INVESTMENTS 23,963 25,000 25,000 MISCELLANEOUS 1,820 120 20,696 GRANTS 150 120,000 120,000 PROGRAMS & RECREATION 415 17,500 29,800 CULTURAL ARTS 4,461 3,600 24,675 HILL ROAD PARK DEVELOPMENT 0 459,533 0 GENERAL FUND TOTAL $4,133,921 $4,365,275 $4,874,959 CITY HALL CONSTRUCTION FUND CARRY OVER (PRIOR YEAR SAVINGS)$4,220 $4,206 $0 FUNDING FOR CONSTRUCTION 0 2,600,000 0 OTHER REVENUE 82 50,000 0 DONATIONS 5,000 10,000 0 CITY HALL CONSTRUCTION FUND TOTAL $9,302 $2,664,206 $0 LIBRARY GEN OBLIGATION BOND FUND CARRY OVER (PRIOR YEAR SAVING)$42,129 $43,696 $24,405 PROPERTY TAX REVENUE 183,427 209,122 228,535 STATE TREASURER INTEREST 2,872 2,200 1,500 BOND FUND TOTAL $228,428 $255,018 $254,440 BLOCK GRANT FUND/MERCY HOUSING BLOCK GRANT FUND/MERCY HOUSING $413,184 $7,000 $0 LIBRARY FUND RESERVE FUND $0 $80,935 $160,000 CARRY OVER (PRIOR YEAR SAVING)35,882 0 0 DONATIONS 0 2,000 0 PROPERTY TAX REVENUE 524,602 601,705 632,874 OTHER REVENUE 28,760 24,283 34,200 LIBRARY FUND TOTAL $589,244 $708,923 $827,074 WATER FUND CARRY OVER (PRIOR YEAR SAVING)$163,042 $180,114 $91,228 OTHER REVENUE 91,412 90,000 322,604 WATER FUND TOTAL $254,454 $270,114 $413,832 CAPITAL PROJECTS PARK FUND CARRY OVER (PRIOR YEAR SAVING)$97,829 $35,060 $241,878 OTHER REVENUE 158,405 152,500 231,000 CAPITAL PROJECTS PARK FUND TOTAL $256,234 $187,560 $472,878 PROPOSED REVENUES CON'T FY 2003 FY 2004 FY 2005 FUND/OBJECT ACTUAL BUDGETED PROPOSED HISTORICAL COMMISSION FUND CARRY OVER (PRIOR YEAR SAVING)$554 $879 $947 OTHER REVENUE 3,650 10,500 10,500 HISTORICAL COMMISSION FUND TOTAL $4,204 $11,379 $11,447 TOTAL REVENUE ALL FUNDS $5,888,971 $8,469,475 $6,854,630 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 2005, 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, 2004. Sharon K. Bergmann City Clerk/Treasurer Publication Dates: August 3, 2004 and August 10, 2004