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Finance - Budgets - Notice of Public Hearing Budget - 08/13/2002 (2) NOTICE OF PUBLIC HEARING BUDGET FOR FISCAL YEAR 2003 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, 2002, to September 30, 2003, 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 7:30 p.m. on August 27, 2002. 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, 2002, to September 30, 2003. FY 2001 FY 2002 FY 2003 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND RESERVE FUND $40,000 $67,000 $50,000 PERSONNEL 469,432 607,328 634,530 ADMINISTRATIVE DEPARTMENT 187,072 222,825 274,060 CULTURAL AND ARTS 35,000 45,000 62,000 PUBLIC AFFAIRS/COMMUNITY RELATIONS 14,000 12,000 13,000 CONTRACT LABOR & SERVICES 668,110 768,822 797,827 PARK AND RECREATION DEPARTMENT 155,750 168,900 229,040 PARK DEVELOPMENT 594,152 447,963 465,555 GRANTS 87,000 86,425 70,000 TRANSFER TO LIBRARY FUND 89,382 0 0 CAPITAL OUTLAY 654,100 745,620 532,620 STRATEGIC ANNUAL GOALS 67,000 81,000 55,500 GENERAL FUND TOTAL $3,060,998 $3,252,883 $3,184,132 LIBRARY GEN OBLIGATION BOND FUND $276,397 $273,105 $263,213 LIBRARY CAPITAL IMPROVEMENT FUND $42,654 $10,278 $0 LIBRARY FUND PERSONNEL $344,015 $339,617 $354,511 OPERATIONS AND MAINTENANCE 171,850 199,750 219,950 CAPITAL OUTLAY 8,000 43,500 16,750 LIBRARY FUND TOTAL $523,865 $582,867 $591,211 WATER FUND OPERATIONS AND MAINTENANCE $89,500 $42,240 $23,000 CAPITAL OUTLAY 200,010 217,003 209,021 WATER FUND TOTAL $289,510 $259,243 $232,021 CAPITAL PROJECTS PARK FUND $347,072 $445,961 $134,500 HISTORIC COMMISSION FUND ADMINISTRATIVE DEPARTMENT $2,400 $3,200 $3,700 GRANTS 0 5,000 5,000 CAPITAL OUTLAY 5,800 5,622 5,979 HISTORIC COMMISSION TOTAL $8,200 $13,822 $14,679 EAGLE ISLAND STATE PARK FUND ADMINISTRATIVE DEPARTMENT $0 $0 $106,678 GRANTS 0 0 175,000 CAPITAL OUTLAY 0 0 63,000 EAGEL ISLAND STATE PARK TOTAL $0 $0 $344,678 TOTAL EXPENDITURES ALL FUNDS $4,548,696 $4,838,159 $4,764,434 PROPOSED REVENUES The estimated revenue for the City of Eagle, Idaho, for the fiscal period October 1, 2002, to September 30, 2003, is: FY 2001 FY 2002 FY 2003 FUND/OBJECT ACTUAL BUDGETED PROPOSED GENERAL FUND CARRY OVER (PRIOR YEAR SAVINGS)$866,030 $843,509 $385,098 RESERVE FUND 40,000 67,000 50,000 PROPERTY TAX 239,243 282,498 442,820 OTHER TAX REVENUES 1,000 3,000 3,000 FRANCHISE FEES 173,500 238,500 333,500 LICENSES AND PERMITS 10,000 14,000 14,500 PERMITS AND FEES 1,067,450 993,750 941,745 COURT FINES AND FEES 26,000 36,000 51,000 INTERGOVERNMENTAL 490,000 588,086 620,383 CHARGES FOR SERVICES 5,500 4,800 4,800 DONATIONS 200 45,000 145,000 SPECIAL ASSESSMENTS 1,125 1,070 6,016 INVESTMENTS 64,000 59,000 45,000 MISCELLANEOUS 6,300 5,420 49,920 GRANTS 70,000 70,000 70,000 PARK AND RECREATION 650 1,250 17,750 CULTURAL ARTS 0 0 3,600 GENERAL FUND TOTAL $3,060,998 $3,252,883 $3,184,132 LIBRARY GEN OBLIGATION BOND FUND $276,397 $273,105 $263,213 LIBRARY CAPITAL IMPROVEMENT FUND $42,654 $10,278 $0 LIBRARY FUND CARRY OVER (PRIOR YEAR SAVING)$49,283 $56,669 42,187 TRANSFER FROM GENERAL FUND 89,382 0 0 PROPERTY TAX REVENUE 364,000 498,915 516,024 OTHER REVENUE 21,200 27,283 33,000 LIBRARY FUND TOTAL $523,865 $582,867 $591,211 WATER FUND CARRY OVER (PRIOR YEAR SAVING)$153,510 $167,043 $140,021 OTHER REVENUE 136,000 92,200 92,000 WATER FUND TOTAL $289,510 $259,243 $232,021 CAPITAL PROJECTS PARK FUND CARRY OVER (PRIOR YEAR SAVING)$162,572 $305,461 $0 OTHER REVENUE 184,500 140,500 134,500 CAPITAL PROJECTS PARK FUND TOTAL $347,072 $445,961 $134,500 HISTORICAL COMMISSION FUND CARRY OVER (PRIOR YEAR SAVING)$0 $722 $1,679 OTHER REVENUE 8,200 13,100 13,000 HISTORICAL COMMISSION FUND TOTAL $8,200 $13,822 $14,679 EAGLE ISLAND STATE PARK FUND LEASE PAYMENTS $0 $0 $169,678 GRANTS/DONATIONS 0 0 175,000 EAGLE ISLAND STATE PARK FUND TOTAL $0 $0 $344,678 TOTAL REVENUE ALL FUNDS $4,548,696 $4,838,159 $4,764,434 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 2003, 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 13th day of August, 2002. Publication Dates: August 20,2002 and August 27, 2002 Sharon K. Moore City Clerk/Treasurer