Finance - Budgets - Notice of Public Hearing Budget for Fiscal Year 2004 City of Eagle Idaho - 08/01/2003 NOTICE OF PUBLIC HEARING
BUDGET FOR FISCAL YEAR 2004
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, 2003, to September 30, 2004, 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 6:00 p.m. on
August 19, 2003. 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, 2003, to September 30, 2004.
FY 2002 FY 2003 FY 2004
FUND/OBJECT ACTUAL BUDGETED PROPOSED
GENERAL FUND
RESERVE FUND $0 $50,000 $50,000
LIBRARY RESERVE FUND 0 0 40,000
PERSONNEL 602,262 634,530 677,047
ADMINISTRATIVE DEPARTMENT 289,514 270,060 331,910
CULTURAL AND ARTS 19,076 62,000 60,000
PUBLIC AFFAIRS/COMMUNITY RELATIONS 15,766 14,000 22,000
CONTRACT LABOR & SERVICES 729,677 802,827 945,822
PARK AND RECREATION DEPARTMENT 159,810 217,040 280,840
PARK DEVELOPMENT 345,541 429,591 157,926
HILL ROAD PARK DEVELOPMENT 0 0 619,974
GRANTS 118,471 70,000 120,000
CAPITAL OUTLAY 670,517 526,947 603,120
STRATEGIC ANNUAL GOALS 26,263 65,500 25,250
GENERAL FUND TOTAL $2,976,897 $3,142,495 $3,933,889
CITY HALL CONSTRUCTION FUND $4,489,890 $2,500,000
LIBRARY GEN OBLIGATION BOND FUND $234,769 $263,213 $263,440
LIBRARY CAPITAL IMPROVEMENT FUND $3,140 $0 $0
BLOCK GRANT FUND $0 $420,000 $7,000
LIBRARY FUND
RESERVE FUND $0 $0 $40,000
PERSONNEL 324,976 365,420 383,691
OPERATIONS AND MAINTENANCE 212,034 183,568 171,252
CAPITAL OUTLAY 71,167 43,500 45,675
LIBRARY FUND TOTAL $608,177 $592,488 $640,618
WATER FUND
OPERATIONS AND MAINTENANCE $53,728 $23,000 $44,500
CAPITAL OUTLAY 15,964 209,021 218,688
WATER FUND TOTAL $69,692 $232,021 $263,188
CAPITAL PROJECTS PARK FUND
MERRILL PARK CONSTRUCTION $379,296 $0 $0
HILL ROAD PARK DEVELOPMENT 0 0 185,179
SYSTEM IMPROVEMENTS 39,000 134,500 0
$418,296 $134,500 $185,179
HISTORIC COMMISSION FUND
ADMINISTRATIVE DEPARTMENT $1,837 $3,700 $3,400
GRANTS 0 5,000 5,000
CAPITAL OUTLAY 0 5,979 3,779
HISTORIC COMMISSION TOTAL $1,837 $14,679 $12,179
TOTAL EXPENDITURES ALL FUNDS $4,312,808 $9,289,286 $7,805,493
PROPOSED REVENUES
The estimated revenue for the City of Eagle, Idaho, for the fiscal period October 1, 2003, to September 30, 2004, is:
FY 2002 FY 2003 FY 2004
FUND/OBJECT ACTUAL BUDGETED PROPOSED
GENERAL FUND
CARRY OVER (PRIOR YEAR SAVINGS)$909,269 $438,425 $235,305
RESERVE FUND 0 50,000 50,000
PROPERTY TAX 292,641 454,356 533,730
OTHER TAX REVENUES 1,911 3,000 3,000
FRANCHISE FEES 312,843 323,500 483,500
LICENSES AND PERMITS 11,936 14,500 19,250
PERMITS AND FEES 962,041 941,745 966,015
COURT FINES AND FEES 53,400 51,000 61,000
INTERGOVERNMENTAL 626,879 620,383 795,107
CHARGES FOR SERVICES 11,970 4,800 4,500
DONATIONS 20,000 45,000 10,000
SPECIAL ASSESSMENTS 42,617 6,016 5,962
INVESTMENTS 59,482 48,500 25,000
MISCELLANEOUS 421 49,920 420
GRANTS 105,800 70,000 120,000
PARK AND RECREATION 9,555 17,750 17,500
CULTURAL ARTS 3,052 3,600 3,600
HILL ROAD PARK DEVELOPMENT 0 0 600,000
GENERAL FUND TOTAL $3,423,817 $3,142,495 $3,933,889
CITY HALL CONSTRUCTION FUND
FUNDING FOR CONSTRUCTION $0 $4,389,890 $2,445,000
OTHER REVENUE 0 0 50,000
DONATIONS 0 100,000 5,000
CITY HALL CONSTRUCTION FUND TOTAL $0 $4,489,890 $2,500,000
LIBRARY GEN OBLIGATION BOND FUND
CARRY OVER (PRIOR YEAR SAVING)$91,105 $86,899 $71,918
PROPERTY TAX REVENUE 260,038 176,314 191,522
BOND FUND TOTAL $351,143 $263,213 $263,440
LIBRARY CAPITAL IMPROVEMENT FUND
CARRY OVER (PRIOR YEAR SAVING)$0 $0 $0
MISCELLANEOUS REVENUE 212 0 0
CAPITAL IMPROVEMENT FUND TOTAL $212 $0 $0
BLOCK GRANT FUND/MERCY HOUSING $0 $420,000 $7,000
LIBRARY FUND
CARRY OVER (PRIOR YEAR SAVING)$52,981 $55,000 $15,000
DONATIONS 26,426 0 0
PROPERTY TAX REVENUE 552,236 504,488 592,618
OTHER REVENUE 29,275 33,000 33,000
LIBRARY FUND TOTAL $660,918 $592,488 $640,618
WATER FUND
CARRY OVER (PRIOR YEAR SAVING)$165,992 $140,021 $173,188
OTHER REVENUE 88,845 92,000 90,000
WATER FUND TOTAL $254,837 $232,021 $263,188
CAPITAL PROJECTS PARK FUND
CARRY OVER (PRIOR YEAR SAVING)$11,173 $0 $32,679
OTHER REVENUE 126,431 134,500 152,500
CAPITAL PROJECTS PARK FUND TOTAL $137,604 $134,500 $185,179
HISTORICAL COMMISSION FUND
CARRY OVER (PRIOR YEAR SAVING)$1,880 $1,679 $1,679
OTHER REVENUE 3,250 13,000 10,500
HISTORICAL COMMISSION FUND TOTAL $5,130 $14,679 $12,179
TOTAL REVENUE ALL FUNDS $4,833,661 $9,289,286 $7,805,493
I, Sharon K. Moore, 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 2004, 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 1st day of August, 2003.
Sharon K. Moore
City Clerk/Treasurer
Publication Dates: August 5,2003 and August 12, 2003