HomeMy WebLinkAboutCC City notice of budget hearing FY25 July 17, 2024 NOTICE OF PUBLIC HEARING
CITY OF REXBURG, IDAHO
PROPOSED BUDGET FOR FISCAL YEAR ENDING 9/30/25(FY 2025)
A public hearing will be held for the consideration of the proposed budget for the fiscal year from October
1, 2024 to September 30, 2025, at the City Hall, 35 North 1st East, Rexburg, Idaho, at 6:30 p.m., on July
17,2024. 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 notificacion en un formato accesible para las personas discapacidades y/o
personas con conocimientos limitados del ingles a pedido.
The proposed total expenditures and revenues for each fund for FY 2025 have been tentatively approved
by the City Council and entered in detail in the minutes of their meeting.
CITY OF REXBURG
REVENUES AND EXPENDITURES
2023 2024 2025
ACTUAL BUDGET* BUDGET
GENERALFUND
PROPERTY TAX 6,293,908 6,610,000 7,030,000
OTHER REVENUE 9,580,384 12,472,700 12,227,600
TOTAL REVENUE: 15,874,292 19,082,700 19,257,600
TOTAL EXPENSE: 15,833,790 19,082,700 19,257,600
STREET OPERATION FUND
TOTAL REVENUE: 5,240,465 5,408,600 4,936,800
TOTAL EXPENSE: 5,240,465 5,408,600 4,936,800
RECREATION FUND
TOTAL REVENUE: 409,938 311,400 310,700
TOTAL EXPENSE: 415,666 311,400 310,700
TABERNACLE OPERATIONS FUND
TOTAL REVENUE: 273,239 969,400 1,753,300
TOTAL EXPENSE: 261,431 969,400 1,753,300
POLICE IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 58,803 52,000 75,000
TOTAL EXPENSE: - 52,000 75,000
D.A.R.E. ASSOCIATION FUND
TOTAL REVENUE: 17,000 17,000 18,000
TOTAL EXPENSE: 17,308 17,000 18,000
DRUG ENFORCEMENT FUND
TOTAL REVENUE: 13,942 3,200 19,400
TOTAL EXPENSE: 1,601 3,200 19,400
POLICE SMALL GRANTS FUND
TOTAL REVENUE: 56,170 45,800 46,000
TOTAL EXPENSE: 56,170 45,800 46,000
HIGH FIVE & OTHER GRANTS
TOTAL REVENUE: 3,013 74,300 -
TOTAL EXPENSE: 6,350 74,300 -
FIRE STATION BUILDING FUND
TOTAL REVENUE: - - 1,200,000
TOTAL EXPENSE: - - 1,200,000
FIRE DEPARTMENT OPERATIONS FUND
TOTAL REVENUE: 4,926,936 5,787,300 6,136,100
TOTAL EXPENSE: 4,926,936 5,787,300 6,136,100
JOINT FIRE EQUIPMENT FUND
TOTAL REVENUE: 351,097 1,010,000 778,800
TOTAL EXPENSE: 814,391 1,010,000 778,800
MADISON COUNTY FIRE DISTRICT
TOTAL REVENUE: 1,236,077 1,162,800 1,296,000
TOTAL EXPENSE: 947,236 1,162,800 1,296,000
FIRE IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 43,639 40,000 42,100
TOTAL EXPENSE: 39,996 40,000 42,100
FIRE DEPARTMENT EMPLOYEE FUND
TOTAL REVENUE: 1,876 4,000 3,000
TOTAL EXPENSE: 703 4,000 3,000
REVOLVING LOAN FUND
TOTAL REVENUE: 57,141 65,000 73,500
TOTAL EXPENSE: 9,219 65,000 73,500
REXBURG RAPIDS FUND
TOTAL REVENUE: 550,859 601,400 583,100
TOTAL EXPENSE: 736,468 601,400 583,100
LEGACY FLIGHT MUSEUM FUND
TOTAL REVENUE: 78,224 253,800 213,600
TOTAL EXPENSE: 66,005 253,800 213,600
SANITATION OPERATIONS FUND
TOTAL REVENUE: 3,283,132 3,237,000 3,509,500
TOTAL EXPENSE: 2,930,924 3,237,000 3,509,500
WATER OPERATIONS FUND
TOTAL REVENUE: 4,160,441 4,778,400 5,012,200
TOTAL EXPENSE: 3,768,445 4,778,400 5,012,200
WASTEWATER OPERATIONS FUND
TOTAL REVENUE: 6,533,937 10,110,100 13,518,900
TOTAL EXPENSE: 5,224,673 10,110,100 13,518,900
BUILDING SAFETY FUND
TOTAL REVENUE: 845,760 1,115,000 1,210,800
TOTAL EXPENSE: 910,518 1,115,000 1,210,800
GEOGRAPHIC INFORMATION SYSTEMS
TOTAL REVENUE: 466,714 538,700 567,200
TOTAL EXPENSE: 466,714 538,700 567,200
JOINT CITY HALUPOLICE ADDITION
RESERVE FUND
TOTAL REVENUE: 400,000 425,000 365,000
TOTAL EXPENSE: - 425,000 365,000
STREET IMPACT FEE FUND
TOTAL REVENUE: 253,266 667,500 245,000
TOTAL EXPENSE: 87,669 667,500 245,000
WATER CAPITAL RESERVE FUND
TOTAL REVENUE: 290,881 1,260,400 1,120,500
TOTAL EXPENSE: 246,745 1,260,400 1,120,500
SEWER CAPITAL RESERVE FUND
TOTAL REVENUE: 1,259,642 2,944,600 3,929,100
TOTAL EXPENSE: 480,035 2,944,600 3,929,100
ARTS PROMULGATION FUND
TOTAL REVENUE: 60,304 70,000 105,000
TOTAL EXPENSE: 35,004 70,000 105,000
ESD PARAMEDIC CARE UNIT FUND
TOTAL REVENUE: 828,909 1,399,300 1,508,100
TOTAL EXPENSE: 812,749 1,399,300 1,508,100
PARKS IMPACT FEE CAPITAL FUND
TOTAL REVENUE: 353,641 841,000 1,225,000
TOTAL EXPENSE: 298,075 841,000 1,225,000
TRAILS OF MADISON COUNTY FUND
TOTAL REVENUE: 60,000 60,000 630,500
TOTAL EXPENSE: 4,000 60,000 630,500
ROMANCE THEATRE FUND
TOTAL REVENUE: 221,668 315,100 185,300
TOTAL EXPENSE: 237,623 315,100 185,300
PARK CONSTRUCTION FUND
TOTAL REVENUE: 225,727 495,000 142,600
TOTAL EXPENSE: 75,727 495,000 142,600
WATER CAPITAL CONSTRUCTION FUND
TOTAL REVENUE: 32,258 715,000 575,000
TOTAL EXPENSE: 32,258 715,000 575,000
STREET REPAIR FUND
TOTAL REVENUE: 3,049,282 3,152,900 3,359,000
TOTAL EXPENSE: 2,293,539 3,152,900 3,359,000
STREET NEW CONSTRUCTION FUND
TOTAL REVENUE: 2,728,388 2,082,500 3,775,000
TOTAL EXPENSE: 1,856,212 2,082,500 3,775,000
AIRPORT OPERATIONS FUND
TOTAL REVENUE: 59,613 61,300 62,400
TOTAL EXPENSE: 70,273 61,300 62,400
AIRPORT CONSTRUCTION FUND
TOTAL REVENUE: 183,137 386,600 717,400
TOTAL EXPENSE: 242,483 386,600 717,400
AIRPORT RELOCATION RESERVE FUND
TOTAL REVENUE: 47,759 38,000 45,000
TOTAL EXPENSE: - 38,000 45,000
GOLF COURSE FUND
TOTAL REVENUE: 1,574,327 1,369,900 1,641,500
TOTAL EXPENSE: 1,479,768 1,369,900 1,641,500
GOLF COURSE CONSTRJRESERVE FUND
TOTAL REVENUE: 385,063 197,200 227,500
TOTAL EXPENSE: 181,617 197,200 227,500
SEWER PLANT CONSTRUCTION FUND
TOTAL REVENUE: 26,782 2,650,000 2,650,000
TOTAL EXPENSE: 26,782 2,650,000 2,650,000
LID CONSTRUCTION FUNDS
TOTAL REVENUE: 2,578,048 2,950,000 3,995,200
TOTAL EXPENSE: 3,209,587 2,950,000 3,995,200
LID DEBT SERVICE FUNDS
TOTAL REVENUE: 653,098 694,700 941,100
TOTAL EXPENSE: (168,936) 694,700 941,100
REXBURG CULTURAL ARTS FUND
TOTAL REVENUE: 252,140 280,900 270,200
TOTAL EXPENSE: 252,140 280,900 270,200
FIBER INITIATIVE CONSTRUCTION FUND
TOTAL REVENUE: 1,280,956 200,000 200,000
TOTAL EXPENSE: 4,076,863 200,000 200,000
REXBURG BUSINESS COMPETITION FUND
TOTAL REVENUE: 116,475 23,600 35,000
TOTAL EXPENSE: 97,551 23,600 35,000
NORTH 2ND EAST CONSTRUCTION FUND
TOTAL REVENUE: 20,913 3,031,000 2,931,000
TOTAL EXPENSE: 20,913 3,031,000 2,931,000
COMMUNITY SAFETY LIGHTING FUND
TOTAL REVENUE: 290,291 570,000 620,600
TOTAL EXPENSE: 110,763 570,000 620,600
FIBER OPERATING FUND
TOTAL REVENUE: 183,842 150,000 123,300
TOTAL EXPENSE: 244,245 150,000 123,300
SHOP-WITH-A-COP FUND
TOTAL REVENUE: 17,398 17,000 18,200
TOTAL EXPENSE: 17,313 17,000 18,200
AMBULANCE CAPITAL REPLACEMENT
FUND
TOTAL REVENUE: 406,082 402,600 440,000
TOTAL EXPENSE: - 402,600 440,000
CITY 501 C3 FOUNDATION FUND
TOTAL REVENUE: 30,000 10,000 5,100
TOTAL EXPENSE: 30,000 10,000 5,100
GRAND TOTAL REVENUE: 62,352,585 82,129,000 92,650,200
GRAND TOTAL EXPENSE: 59,026,007 82,129,000 92,650,200
2024 Amended Budget as of 6/7/24