NOTICE OF PUBLIC HEARING
PROPOSED BUDGET FOR FISCAL YEAR 2022-2023 (FY 2023)
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, 2022, to September 30, 2023 and for the consideration of the proposed use or reserve of forgone property taxes for the fiscal year from October 1, 2022 to September 30, 2023. The hearing will be held at Chubbuck City Council Chambers, 290 E Linden St, Chubbuck, Idaho at 6:00pm on August 17, 2022. 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 FY2023 budget is shown below as FY2023 proposed expenditures and revenues.
| PROPOSED REVENUE | FY2021 | FY2022 | FY2023 | ||||||
| Budget | Budget | Proposed | |||||||
| Revenues | Revenues | Revenues | |||||||
| Property Tax Levy | |||||||||
| General Fund | 5,325,956 | 5,559,550 | 5,948,412 | ||||||
| Highway, Streets | 927,000 | 927,000 | 955,000 | ||||||
| Tort Claim Ins. | 185,000 | 185,000 | 185,000 | ||||||
| Total Property Tax Levy | 6,437,956 | 6,671,550 | 7,088,412 | ||||||
| Revenue Sources Other Than Property Taxes | |||||||||
| General Fund | 2,009,902 | 2,403,995 | 2,505,482 | ||||||
| Highway, Streets & Roads | 950,000 | 950,000 | 1,345,000 | ||||||
| Water Fund | 3,096,062 | 2,750,000 | 4,701,300 | ||||||
| Wastewater Fund | 3,162,405 | 3,250,000 | 4,517,000 | ||||||
| Sanitation Fund | 1,814,635 | 1,850,000 | 2,442,900 | ||||||
| Grand Total All Funds | 17,470,960 | 17,875,545 | 22,600,094 | ||||||
| PROPOSED EXPENDITURES | FY2021 | FY2022 | FY2023 | ||||||
| Budget | Budget | Proposed | |||||||
| Fund Name | Expenditures | Expenditures | Expenditures | ||||||
| General Fund | 7,520,858 | 8,148,545 | 8,638,894 | ||||||
| Highway, Streets & Roads | 1,877,000 | 1,877,000 | 2,300,000 | ||||||
| Water Fund | 3,096,062 | 2,750,000 | 4,701,300 | ||||||
| Wastewater Fund | 3,162,405 | 3,250,000 | 4,517,000 | ||||||
| Sanitation fund | 1,814,635 | 1,850,000 | 2,442,900 | ||||||
| Grand Total | 17,470,960 | 17,875,545 | 22,600,094 | ||||||
The proposed expenditures and revenues for fiscal year 2022-2023 have been tentatively approved by the city council. Citizens are invited to attend the budget hearing, August 17, 2022 at 6:00pm.
Rich Morgan, City Treasurer
Publish: August 9 and August 14, 2022