HomeMy WebLinkAboutCC City notice of budget hearing July 5, 2023NOTICE OF PUBLIC HEARING
CITY OF REXBURG, IDAHO
PROPOSED BUDGET FOR FISCAL YEAR ENDING 9/30/24 (FY 2024)
A public hearing will be held for the consideration of the proposed budget for the fiscal year from October
1, 2023 to September 30, 2024, at the City Hall, 35 North 1st East, Rexburg, Idaho, at 6:30 p.m., on July 5,
2023. 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 in detail are available at City Hall during the
regular office hours (7:30 a.m. to 5:30 p.m. Monday – Thursday and 7:30 a.m. to 12:30 p.m. on Friday).
City Hall is accessible to persons with disabilities. Anyone desiring accommodations for disabilities
related to the budget documents or to the hearing should contact City Hall, 359-3020 at least 48 hours
prior to the public hearing.
This Notice can be provided in a format accessible to persons with disabilities and/or persons with limited
English proficiency upon request.
Se le puede proveer esta notificación en un formato accesible para las personas discapacidades y/o
personas con conocimientos limitados del inglés a pedido.
The proposed total expenditures and revenues for each fund for FY 2024 have been tentatively approved
by the City Council and entered in detail in the minutes of their meeting.
CITY OF REXBURG
REVENUES AND EXPENDITURES
2022 2023 2024
ACTUAL BUDGET* BUDGET
GENERAL FUND
PROPERTY TAX
5,896,529
6,236,000
6,610,000
OTHER REVENUE
12,512,512
11,067,700
12,472,700
TOTAL REVENUE:
18,409,041
17,303,700
19,082,700
TOTAL EXPENSE:
17,523,322
17,303,700
19,082,700
STREET OPERATION FUND
TOTAL REVENUE:
4,845,050
5,187,100
5,408,600
TOTAL EXPENSE:
4,845,050
5,187,100
5,408,600
RECREATION FUND
TOTAL REVENUE:
372,007
400,500 311,400
TOTAL EXPENSE:
372,007
400,500 311,400
TABERNACLE OPERATIONS FUND
TOTAL REVENUE:
147,850
1,000,800
1,078,800
TOTAL EXPENSE:
137,554
1,000,800
1,078,800
POLICE IMPACT FEE CAPITAL FUND
TOTAL REVENUE:
52,385
50,100 52,000
TOTAL EXPENSE: -
50,100 52,000
D.A.R.E. ASSOCIATION FUND
TOTAL REVENUE:
17,000
20,000 17,000
TOTAL EXPENSE:
18,681
20,000 17,000
DRUG ENFORCEMENT FUND
TOTAL REVENUE: 2,004 2,400 3,200
TOTAL EXPENSE: 774 2,400 3,200
POLICE SMALL GRANTS FUND
TOTAL REVENUE:
22,850
26,300 45,800
TOTAL EXPENSE:
22,850
26,300 45,800
HIGH FIVE & OTHER GRANTS
TOTAL REVENUE: 449
70,200 74,300
TOTAL EXPENSE: -
70,200 74,300
FIRE DEPARTMENT OPERATIONS FUND
TOTAL REVENUE:
4,421,630
5,226,500
5,562,900
TOTAL EXPENSE:
4,421,630
5,226,500
5,562,900
JOINT FIRE EQUIPMENT FUND
TOTAL REVENUE:
535,176
865,000
1,010,000
TOTAL EXPENSE:
311,221
865,000
1,010,000
MADISON COUNTY FIRE DISTRICT
TOTAL REVENUE:
1,063,404
1,091,500
1,157,600
TOTAL EXPENSE:
1,086,279
1,091,500
1,157,600
FIRE IMPACT FEE CAPITAL FUND
TOTAL REVENUE:
38,418
40,000 40,000
TOTAL EXPENSE:
70,000
40,000 40,000
FIRE DEPARTMENT EMPLOYEE FUND
TOTAL REVENUE: 1,153 4,000 4,000
TOTAL EXPENSE: 2,118 4,000 4,000
REVOLVING LOAN FUND
TOTAL REVENUE:
74,014
99,000 65,000
TOTAL EXPENSE:
11,687
99,000 65,000
REXBURG RAPIDS FUND
TOTAL REVENUE:
536,069
659,400 601,400
TOTAL EXPENSE:
457,673
659,400 601,400
LEGACY FLIGHT MUSEUM FUND
TOTAL REVENUE:
298,036
197,600 253,800
TOTAL EXPENSE:
106,437
197,600 253,800
SANITATION OPERATIONS FUND
TOTAL REVENUE:
2,997,485
3,187,400
3,237,000
TOTAL EXPENSE:
2,907,643
3,187,400
3,237,000
WATER OPERATIONS FUND
TOTAL REVENUE:
4,321,294
3,963,700
4,778,400
TOTAL EXPENSE:
3,398,035
3,963,700
4,778,400
WASTEWATER OPERATIONS FUND
TOTAL REVENUE:
6,946,720
11,598,900
10,110,100
TOTAL EXPENSE:
5,053,753
11,598,900
10,110,100
COMMUNITY DEVELOPMENT FUND
TOTAL REVENUE:
770,004
970,700
1,115,000
TOTAL EXPENSE:
877,781
970,700
1,115,000
GEOGRAPHIC INFORMATION SYSTEMS
TOTAL REVENUE:
443,560
488,900 538,700
TOTAL EXPENSE:
443,560
488,900 538,700
JOINT CITY HALL/POLICE ADDITION RESERVE
FUND
TOTAL REVENUE:
400,000
400,000 425,000
TOTAL EXPENSE: -
400,000 425,000
STREET IMPACT FEE FUND
TOTAL REVENUE:
156,870
210,000 667,500
TOTAL EXPENSE:
53,732
210,000 667,500
WATER CAPITAL RESERVE FUND
TOTAL REVENUE:
168,961
2,525,400
1,260,400
TOTAL EXPENSE:
417,398
2,525,400
1,260,400
SEWER CAPITAL RESERVE FUND
TOTAL REVENUE:
1,340,716
3,786,800
2,944,600
TOTAL EXPENSE:
559,967
3,786,800
2,944,600
ARTS PROMULGATION FUND
TOTAL REVENUE:
72,808
186,600 70,000
TOTAL EXPENSE:
19,200
186,600 70,000
WILDLAND FUND
TOTAL REVENUE:
1,525,338
1,274,900
1,399,300
TOTAL EXPENSE:
1,187,138
1,274,900
1,399,300
PARKS IMPACT FEE CAPITAL FUND
TOTAL REVENUE:
380,893
526,900 841,000
TOTAL EXPENSE:
271,988
526,900 841,000
TRAILS OF MADISON COUNTY FUND
TOTAL REVENUE:
66,413
247,500 60,000
TOTAL EXPENSE:
18,232
247,500 60,000
ROMANCE THEATRE FUND
TOTAL REVENUE:
152,131
210,200 247,500
TOTAL EXPENSE:
102,131
210,200 247,500
PARK CONSTRUCTION FUND
TOTAL REVENUE:
50,004
270,000 495,000
TOTAL EXPENSE:
341,527
270,000 495,000
WATER CAPITAL CONSTRUCTION FUND
TOTAL REVENUE:
318,424
1,930,000 715,000
TOTAL EXPENSE:
318,424
1,930,000 715,000
STREET REPAIR FUND
TOTAL REVENUE:
2,339,694
3,531,500
3,152,900
TOTAL EXPENSE:
2,037,200
3,531,500
3,152,900
STREET NEW CONSTRUCTION FUND
TOTAL REVENUE:
5,247,618
2,492,000
2,082,500
TOTAL EXPENSE:
5,768,400
2,492,000
2,082,500
AIRPORT OPERATIONS FUND
TOTAL REVENUE:
65,287
57,900 61,300
TOTAL EXPENSE:
66,035
57,900 61,300
AIRPORT CONSTRUCTION FUND
TOTAL REVENUE:
459,399
355,900 386,600
TOTAL EXPENSE:
460,897
355,900 386,600
AIRPORT RELOCATION RESERVE FUND
TOTAL REVENUE: 7,829
22,700 38,000
TOTAL EXPENSE: -
22,700 38,000
GOLF COURSE FUND
TOTAL REVENUE:
1,350,679
1,232,000
1,309,900
TOTAL EXPENSE:
1,278,801
1,232,000
1,309,900
GOLF COURSE CONSTRUCTION FUND
TOTAL REVENUE:
262,107
115,000 197,200
TOTAL EXPENSE:
209,928
115,000 197,200
SEWER PLANT CONSTRUCTION FUND
TOTAL REVENUE: -
300,000
2,650,000
TOTAL EXPENSE: -
300,000
2,650,000
LID CONSTRUCTION FUNDS
TOTAL REVENUE:
3,538,795
3,390,400
2,950,000
TOTAL EXPENSE:
3,549,878
3,390,400
2,950,000
LID DEBT SERVICE FUNDS
TOTAL REVENUE:
405,503
527,000 694,700
TOTAL EXPENSE:
1,272,576
527,000 694,700
REXBURG CULTURAL ARTS FUND
TOTAL REVENUE:
155,271
117,800 250,700
TOTAL EXPENSE:
155,271
117,800 250,700
FIBER INITIATIVE CONSTRUCTION FUND
TOTAL REVENUE:
3,766,254
5,944,300 200,000
TOTAL EXPENSE:
3,023,734
5,944,300 200,000
REXBURG BUSINESS COMPETITION FUND
TOTAL REVENUE:
39,856
21,900 23,600
TOTAL EXPENSE:
15,409
21,900 23,600
NORTH 2ND EAST CONSTRUCTION FUND
TOTAL REVENUE: -
2,931,000
3,031,000
TOTAL EXPENSE: -
2,931,000
3,031,000
COMMUNITY SAFETY LIGHTING FUND
TOTAL REVENUE:
258,801
651,500 570,000
TOTAL EXPENSE:
88,454
651,500 570,000
FIBER OPERATING FUND
TOTAL REVENUE:
72,500
747,500 150,000
TOTAL EXPENSE:
12,097
747,500 150,000
SHOP-WITH-A-COP FUND
TOTAL REVENUE:
11,882
15,100 17,000
TOTAL EXPENSE:
15,442
15,100 17,000
AMBULANCE CAPITAL REPLACEMENT
FUND
TOTAL REVENUE: - - 402,600
TOTAL EXPENSE: - - 402,600
CITY 501 C3 FOUNDATION FUND
TOTAL REVENUE:
115,247 5,000 10,000
TOTAL EXPENSE:
115,247 5,000 10,000
GRAND TOTAL REVENUE:
69,044,879
86,480,500
81,851,000
GRAND TOTAL EXPENSE:
63,427,161
86,480,500
81,851,000
* 2023 Proposed Amended Budget as of 6/5/23