NOTICE OF PUBLIC HEARING

PROPOSED BUDGET FOR FISCAL YEAR 2019-2020 (FY 2020)

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, 2019, to September 30, 2020.  The hearing will be held at Chubbuck City Council Chambers, 5160 Yellowstone Ave, Chubbuck, Idaho at 6:00pm on August 7, 2019.  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 FY2020 budget is shown below as FY2020 proposed expenditures and revenues.

PROPOSED REVENUE FY2018
Budget
Revenues
FY2019
Budget
Revenues
FY2020
Proposed
Revenues
Property Tax Levy
General Fund
Highway, Streets
Tort Claim Ins.
4,345,464
951,891
35,000
4,792,338
771,658
100,000
5,044,579
900,000
175,000
Total Property Tax Levy 5,332,355 5,663,996 6,119,579
Revenue Sources Other Than Property Taxes      
General Fund 2,273,529 2,371,758 2,195,943
Highway, Streets & Roads 598,847 955,622 927,000
Water Fund 2,423,821 2,646,207 2,646,207
Wastewater Fund 2,532,863 2,958,890 3,011,815
Sanitation Fund 1,814,635 1,814,635 1,814,635
Special Revenue funds 146,900 146,900 146,900
Chubbuck Dev. Auth. 2,250,000 2,637,630 2,750,000
Grand Total All Funds 17,372,950 19,195,638 19,612,079
PROPOSED EXPENDITURES FY2018 FY2019 FY2020
  Buget Budget Proposed
Fund Name Expenditures Expenditures Expenditures
General Fund 6,653,993 7,264,096 7,415,522
Highway, Streets & Roads 1,550,738 1,727,280 1,827,000
Water Fund 2,423,821 2,646,207 2,646,207
Wastewater Fund 2,532,863 2,958,890 3,011,815
Sanitation fund 1,814,635 1,814,635 1,814,635
Special Revenue Funds 146,900 146,900 146,900
Chubbuck Development Authority 2,250,000 2,637,630 2,750,000
Grand Total 17,372,950 19,195,638 19,612,079

The proposed expenditures and revenues for fiscal year 2019-2020 have been tentatively approved by the city council. Citizens are invited to attend the budget hearing, August 7, 2019, 6:00pm.

Rich Morgan, City Treasurer

Please Publish two times : July 30 and August 6, 2019

%d bloggers like this: