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HomeMy WebLinkAboutOrd 1316 BUDGET 2025 APPROPRIATION ORDINANCEBILL NO ORDINANCE NO. 1316 FISCAL YEAR 2025 BUDGET APPROPRIATION <AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION ORDINANCE OF THE CITY OF REXBURG, IDAHO, FOR THE FISCAL YEAR OCTOBER 1, 2024, TO SEPTEMBER 30, 2025, AND APPROPRIATING TO THE SEVERAL DEPARTMENTS, OFFICES AND FUNDS OF THE SAID CITY GOVERNMENT FROM THE REVENUE DERIVED FROM TAXES LEVIED FOR SAID FISCAL YEAR, AND ALL OTHER SOURCES, SUCH SUMS AS MAY BE NECESSARY OR DEEMED NECESSARY BY THE MAYOR AND CITY COUNCIL TO DEFRAY THE EXPENSES AND LIABILITIES OF SAID CITY FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2025; AND PROVIDING FOR THE EFFECTIVE DATE OF ORDINANCE. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF REXBURG, IDAHO: </w:t></w SECTION I. This ordinance shall be and is hereby termed the Annual Appropriation Ordinance of the City of Rexburg, Idaho, for the fiscal year October 1, 2024, to September 30, 2025. </w:t></w SECTION II. The revenue, fund balance carry-overs and transfers of the City of Rexburg, Idaho, for the fiscal year October 1, 2024 to September 30 2025, derived from taxes levied for said year, and all other sources, in the amount in total of $92,367,400, as shown below by the budget of the City of Rexburg, Idaho, adopted and approved by the City Council on the 21st day of August, 2024, and duly printed and published as provided by law, is hereby appropriated to the several funds and purposes which are hereby declared to be necessary to defray all necessary expenses and liabilities of said City as shown by said Budget as hereinafter set forth. The City Treasurer is hereby authorized and directed to apportion all monies received on account of taxes on property within the City or Rexburg, Idaho, and from all other sources to the several funds as shown in said Budget and as hereinafter set forth. All other revenue of the City of Rexburg, Idaho, received during the fiscal year ending September 30, 2025, not hereby otherwise appropriated, is hereby appropriated to the General Fund of the City. SECTION III. This ordinance shall take effect and be in force from and after its passage and publication as required by law. PASSED AND APPROVED this 21st day of August 2024. </w:t>< </w </w:t></w:r></w:p><w:p w14:paraId="2B7E52A5" w1 ____________________________ Jerry L. Merrill, Mayor < ATTEST _________________________ Deborah Lovejoy, City Clerk CITY OF REXBURG REVENUES AND EXPENDITURES 2023 2024 2025 ACTUAL BUDGET* BUDGET GENERAL FUND PROPERTY TAX 6,293,908 </w:t>< 6,610,000 </w:t>< 7,030,000 </w:t>< OTHER REVENUE 9,580,384 </w:t>< 12,620,300 </w:t 12,162,800 </w:t TOTAL REVENUE: 15,874,292 </w:t 19,230,300 </w:t 19,192,800 </w:t TOTAL EXPENSE: 15,833,790 </w:t 19,230,300 </w:t 19,192,800 </w:t STREET OPERATION FUND TOTAL REVENUE: 5,240,465 </w:t>< 5,658,600 </w:t>< 4,936,800 </w:t>< TOTAL EXPENSE: 5,240,465 </w:t>< 5,658,600 </w:t>< 4,936,800 </w:t>< RECREATION FUND TOTAL REVENUE: 409,938 </w:t></w: 311,400 </w:t></w: 310,700 </w:t></w TOTAL EXPENSE: 415,666 </w:t></w: 311,400 </w:t></w: 310,700 </w:t></w TABERNACLE OPERATIONS FUND TOTAL REVENUE: 273,239 </w:t></w: 1,169,700 </w:t>< 1,753,300 </w:t>< TOTAL EXPENSE: 261,431 </w:t></w: 1,169,700 </w:t>< 1,753,300 </w:t>< POLICE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 58,803 </w:t></w:r> 52,000 </w:t></w:r> 75,000 </w:t></w:r TOTAL EXPENSE: - </w:t></w:r></w:p> 52,000 </w:t></w:r> 75,000 </w:t></w:r D.A.R.E. ASSOCIATION FUND TOTAL REVENUE: 17,000 </w:t></w:r> 17,000 </w:t></w:r> 18,000 </w:t></w:r TOTAL EXPENSE: 17,308 </w:t></w:r> 17,000 </w:t></w:r> 18,000 </w:t></w:r DRUG ENFORCEMENT FUND TOTAL REVENUE: 13,942 </w:t></w:r> 3,200 </w:t></w:r>< 19,400 </w:t></w:r TOTAL EXPENSE: 1,601 </w:t></w:r>< 3,200 </w:t></w:r>< 19,400 </w:t></w:r POLICE SMALL GRANTS FUND TOTAL REVENUE: 56,170 </w:t></w:r> 45,800 </w:t></w:r> 46,000 </w:t></w:r TOTAL EXPENSE: 56,170 </w:t></w:r> 45,800 </w:t></w:r> 46,000 </w:t></w:r HIGH FIVE & OTHER GRANTS TOTAL REVENUE: 3,013 </w:t></w:r>< 74,300 </w:t></w:r> - </w:t></w:r></w:p> TOTAL EXPENSE: 6,350 </w:t></w:r>< 74,300 </w:t></w:r> - </w:t></w:r></w:p> FIRE STATION BUILDING FUND TOTAL REVENUE: - </w:t></w:r></w:p> - </w:t></w:r></w:p> 1,200,000 </w:t>< TOTAL EXPENSE: - </w:t></w:r></w:p> - </w:t></w:r></w:p> 1,200,000 </w:t>< FIRE DEPARTMENT OPERATIONS FUND TOTAL REVENUE: 4,926,936 </w:t>< 5,787,300 </w:t>< 5,973,100 </w:t>< TOTAL EXPENSE: 4,926,936 </w:t>< 5,787,300 </w:t>< 5,973,100 </w:t>< JOINT FIRE EQUIPMENT FUND TOTAL REVENUE: 351,097 </w:t></w: 1,010,000 </w:t>< 778,800 </w:t></w TOTAL EXPENSE: 814,391 </w:t></w: 1,010,000 </w:t>< 778,800 </w:t></w MADISON COUNTY FIRE DISTRICT TOTAL REVENUE: 1,236,077 </w:t>< 1,487,800 </w:t>< 1,241,000 </w:t>< TOTAL EXPENSE: 947,236 </w:t></w: 1,487,800 </w:t>< 1,241,000 </w:t>< FIRE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 43,639 </w:t></w:r> 40,000 </w:t></w:r> 42,100 </w:t></w:r TOTAL EXPENSE: 39,996 </w:t></w:r> 40,000 </w:t></w:r> 42,100 </w:t></w:r FIRE DEPARTMENT EMPLOYEE FUND TOTAL REVENUE: 1,876 </w:t></w:r>< 4,000 </w:t></w:r>< 3,000 </w:t></w:r>< TOTAL EXPENSE: 703 </w:t></w:r></w: 4,000 </w:t></w:r>< 3,000 </w:t></w:r>< REVOLVING LOAN FUND TOTAL REVENUE: 57,141 </w:t></w:r> 65,000 </w:t></w:r> 73,500 </w:t></w:r TOTAL EXPENSE: 9,219 </w:t></w:r>< 65,000 </w:t></w:r> 73,500 </w:t></w:r REXBURG RAPIDS FUND TOTAL REVENUE: 550,859 </w:t></w: 601,400 </w:t></w: 583,100 </w:t></w TOTAL EXPENSE: 736,468 </w:t></w: 601,400 </w:t></w: 583,100 </w:t></w LEGACY FLIGHT MUSEUM FUND TOTAL REVENUE: 78,224 </w:t></w:r> 400,800 </w:t></w: 213,600 </w:t></w TOTAL EXPENSE: 66,005 </w:t></w:r> 400,800 </w:t></w: 213,600 </w:t></w SANITATION OPERATIONS FUND TOTAL REVENUE: 3,283,132 </w:t>< 3,237,000 </w:t>< 3,509,500 </w:t>< TOTAL EXPENSE: 2,930,924 </w:t>< 3,237,000 </33177 3,509,500 </w:t>< WATER OPERATIONS FUND TOTAL REVENUE: 4,160,441 </w:t>< 4,778,400 </w:t>< 5,012,200 </w:t>< TOTAL EXPENSE: 3,768,445 </w:t>< 4,778,400 </w:t>< 5,012,200 </w:t>< WASTEWATER OPERATIONS FUND TOTAL REVENUE: 6,533,937 </w:t>< 6,800,700 </w:t>< 13,518,900 </w:t TOTAL EXPENSE: 5,224,673 </w:t>< 6,800,700 </w:t>< 13,518,900 </w:t BUILDING SAFETY FUND TOTAL REVENUE: 845,760 </w:t></w: 1,115,000 </w:t>< 1,210,800 </w:t>< TOTAL EXPENSE: 910,518 </w:t></w: 1,115,000 </w:t>< 1,210,800 </w:t>< GEOGRAPHIC INFORMATION SYSTEMS TOTAL REVENUE: 466,714 </w:t></w: 538,700 </w:t></w: 567,200 </w:t></w TOTAL EXPENSE: 466,714 </w:t></w: 538,700 </w:t></w: 567,200 </w:t></w JOINT CITY HALL/POLICE ADDITION RESERVE FUND TOTAL REVENUE: 400,000 </w:t></w: 425,000 </w:t></w: 365,000 </w:t></w TOTAL EXPENSE: - </w:t></w:r></w:p> 425,000 </w:t></w: 365,000 </w:t></w STREET IMPACT FEE FUND TOTAL REVENUE: 253,266 </w:t></w: 667,500 </w:t></w: 245,000 </w:t></w TOTAL EXPENSE: 87,669 </w:t></w:r> 667,500 </w:t></w: 245,000 </w:t></w WATER CAPITAL RESERVE FUND TOTAL REVENUE: 290,881 </w:t></w: 1,162,900 </w:t>< 1,120,500 </w:t>< TOTAL EXPENSE: 246,745 </w:t></w: 1,162,900 </w:t>< 1,120,500 </w:t>< SEWER CAPITAL RESERVE FUND TOTAL REVENUE: 1,259,642 </w:t>< 1,137,000 </w:t>< 3,929,100 </w:t>< TOTAL EXPENSE: 480,035 </w:t></w: 1,137,000 </w:t>< 3,929,100 </w:t>< ARTS PROMULGATION FUND TOTAL REVENUE: 60,304 </w:t></w:r> 70,000 </w:t></w:r> 105,000 </w:t></w TOTAL EXPENSE: 35,004 </w:t></w:r> 70,000 </w:t></w:r> 105,000 </w:t></w ESD PARAMEDIC CARE UNIT FUND TOTAL REVENUE: 828,909 </w:t></w: 1,399,300 </w:t>< 1,508,100 </w:t>< TOTAL EXPENSE: 812,749 </w:t></w: 1,399,300 </w:t>< 1,508,100 </w:t>< PARKS IMPACT FEE CAPITAL FUND TOTAL REVENUE: 353,641 </w:t></w: 841,000 </w:t></w: 1,225,000 </w:t>< TOTAL EXPENSE: 298,075 </w:t></w: 841,000 </w:t></w: 1,225,000 </w:t>< TRAILS OF MADISON COUNTY FUND TOTAL REVENUE: 60,000 </w:t></w:r> 60,000 </w:t></w:r> 630,500 </w:t></w TOTAL EXPENSE: 4,000 </w:t></w:r>< 60,000 </w:t></w:r> 630,500 </w:t></w ROMANCE THEATRE FUND TOTAL REVENUE: 221,668 </w:t></w: 315,100 </w:t></w: 185,300 </w:t></w TOTAL EXPENSE: 237,623 </w:t></w: 315,100 </w:t></w: 185,300 </w:t></w PARK CONSTRUCTION FUND TOTAL REVENUE: 225,727 </w:t></w: 520,000 </w:t></w: 142,600 </w:t></w TOTAL EXPENSE: 75,727 </w:t></w:r> 520,000 </w:t></w: 142,600 </w:t></w WATER CAPITAL CONSTRUCTION FUND TOTAL REVENUE: 32,258 </w:t></w:r> 715,000 </w:t></w: 575,000 </w:t></w TOTAL EXPENSE: 32,258 </w:t></w:r> 715,000 </w:t></w: 575,000 </w:t></w STREET REPAIR FUND TOTAL REVENUE: 3,049,282 </w:t>< 5,210,200 </w:t>< 3,359,000 </w:t>< TOTAL EXPENSE: 2,293,539 </w:t>< 5,210,200 </w:t>< 3,359,000 </w:t>< STREET NEW CONSTRUCTION FUND TOTAL REVENUE: 2,728,388 </w:t>< 2,771,400 </w:t>< 3,775,000 </w:t>< TOTAL EXPENSE: 1,856,212 </w:t>< 2,771,400 </w:t>< 3,775,000 </w:t>< AIRPORT OPERATIONS FUND TOTAL REVENUE: 59,613 </w:t></w:r> 61,300 </w:t></w:r> 62,400 </w:t></w:r TOTAL EXPENSE: 70,273 </w:t></w:r> 61,300 </w:t></w:r> 62,400 </w:t></w:r AIRPORT CONSTRUCTION FUND TOTAL REVENUE: 183,137 </w:t></w: 386,600 </w:t></w: 717,400 </w:t></w TOTAL EXPENSE: 242,483 </w:t></w: 386,600 </w:t></w: 717,400 </w:t></w AIRPORT RELOCATION RESERVE FUND TOTAL REVENUE: 47,759 </w:t></w:r> 38,000 </w:t></w:r> 45,000 </w:t></w:r TOTAL EXPENSE: - </w:t></w:r></w:p> 38,000 </w:t></w:r> 45,000 </w:t></w:r GOLF COURSE FUND TOTAL REVENUE: 1,574,327 </w:t>< 1,460,900 </w:t>< 1,641,500 </w:t>< TOTAL EXPENSE: 1,479,768 </w:t>< 1,460,900 </w:t>< 1,641,500 </w:t>< GOLF COURSE CONSTR./RESERVE FUND TOTAL REVENUE: 385,063 </w:t></w: 324,800 </w:t></w: 227,500 </w:t></w TOTAL EXPENSE: 181,617 </w:t></w: 324,800 </w:t></w: 227,500 </w:t></w SEWER PLANT CONSTRUCTION FUND TOTAL REVENUE: 26,782 </w:t></w:r> 3,650,000 </w:t>< 2,650,000 </w:t>< TOTAL EXPENSE: 26,782 </w:t></w:r> 3,650,000 </w:t>< 2,650,000 </w:t>< LID CONSTRUCTION FUNDS TOTAL REVENUE: 2,578,048 </w:t>< 2,950,000 </w:t>< 3,995,200 </w:t>< TOTAL EXPENSE: 3,209,587 </w:t>< 2,950,000 </w:t>< 3,995,200 </w:t>< LID DEBT SERVICE FUNDS TOTAL REVENUE: 653,098 </w:t></w: 694,700 </w:t></w: 941,100 </w:t></w TOTAL EXPENSE: (168,936)</w:t></w 694,700 </w:t></w: 941,100 </w:t></w REXBURG CULTURAL ARTS FUND TOTAL REVENUE: 252,140 </w:t></w: 280,900 </w:t></w: 270,200 </w:t></w TOTAL EXPENSE: 252,140 </w:t></w: 280,900 </w:t></w: 270,200 </w:t></w FIBER INITIATIVE CONSTRUCTION FUND TOTAL REVENUE: 1,280,956 </w:t>< 1,434,000 </w:t>< 200,000 </w:t></w TOTAL EXPENSE: 4,076,863 </w:t>< 1,434,000 </w:t>< 200,000 </w:t></w REXBURG BUSINESS COMPETITION FUND TOTAL REVENUE: 116,475 </w:t></w: 426,100 </w:t></w: 35,000 </w:t></w:r TOTAL EXPENSE: 97,551 </w:t></w:r> 426,100 </w:t></w: 35,000 </w:t></w:r NORTH 2ND EAST CONSTRUCTION FUND TOTAL REVENUE: 20,913 </w:t></w:r> 100,000 </w:t></w: 2,931,000 </w:t>< TOTAL EXPENSE: 20,913 </w:t></w:r> 100,000 </w:t></w: 2,931,000 </w:t>< COMMUNITY SAFETY LIGHTING FUND TOTAL REVENUE: 290,291 </w:t></w: 958,000 </w:t></w: 620,600 </w:t></w TOTAL EXPENSE: 110,763 </w:t></w: 958,000 </w:t></w: 620,600 </w:t></w FIBER OPERATING FUND TOTAL REVENUE: 183,842 </w:t></w: 150,000 </w:t></w: 123,300 </w:t></w TOTAL EXPENSE: 244,245 </w:t></w: 150,000 </w:t></w: 123,300 </w:t></w SHOP-WITH-A-COP FUND TOTAL REVENUE: 17,398 </w:t></w:r> 17,000 </w:t></w:r> 18,200 </w:t></w:r TOTAL EXPENSE: 17,313 </w:t></w:r> 17,000 </w:t></w:r> 18,200 </w:t></w:r AMBULANCE CAPITAL REPLACEMENT FUND TOTAL REVENUE: 406,082 </w:t></w: 402,600 </w:t></w: 440,000 </w:t></w TOTAL EXPENSE: - </w:t></w:r></w:p> 402,600 </w:t></w: 440,000 </w:t></w CITY 501 C3 FOUNDATION FUND TOTAL REVENUE: 30,000 </w:t></w:r> 10,000 </w:t></w:r> 5,100 </w:t></w:r>< TOTAL EXPENSE: 30,000 </w:t></w:r> 10,000 </w:t></w:r> 5,100 </w:t></w:r>< GRAND TOTAL REVENUE: 62,352,585 </w:t 81,067,700 </w:t 92,367,400 </w:t GRAND TOTAL EXPENSE: 59,026,007 </w:t 81,067,700 </w:t 92,367,400 </w:t * 2024 Amended Budget as of 7/17/24