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HomeMy WebLinkAboutOrd No 1316 FY 2025 Budget AppropriationInstrument # 464011 REXBURG, MADISON, IDAHO 9-5-2024 11:29:48 AM No. of Pages: 6 Recorded for: CITY OF REXBURG KIM H. MUIR Fee: 0.00 Ex-Offlcio Recorder Deputy M 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: 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. 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 $92,269,800, 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. /CORPO'�� terry .Merrill, Mayor ATTEST 0 Lovejoy, City CITY OF REXBURG REVENUES AND EXPENDITURES GENERALFUND PROPERTY TAX OTHER REVENUE TOTAL REVENUE: TOTALEXPENSE: STREET OPERATION FUND TOTAL REVENUE: TOTAL EXPENSE: RECREATION FUND TOTAL REVENUE: TOTALEXPENSE: TABERNACLE OPERATIONS FUND TOTAL REVENUE: TOTALEXPENSE: POLICE IMPACT FEE CAPITAL FUND TOTAL REVENUE: TOTALEXPENSE: D.A.R.E. ASSOCIATION FUND TOTAL REVENUE: TOTALEXPENSE: DRUG ENFORCEMENT FUND TOTAL REVENUE: TOTAL EXPENSE: POLICE SMALL GRANTS FUND TOTAL REVENUE: TOTALEXPENSE: HIGH FIVE & OTHER GRANTS TOTAL REVENUE: TOTALEXPENSE: FIRE STATION BUILDING FUND TOTAL REVENUE: TOTALEXPENSE: FIRE DEPARTMENT OPERATIONS FUND TOTAL REVENUE: TOTALEXPENSE: JOINT FIRE EQUIPMENT FUND 2023 2024 2025 ACTUAL BUDGET* BUDGET 6,293,908 6,610,000 6,932,400 9,580,384 12,620,300 12,162,800 15, 874,292 19,230,300 19,095,200 15,833,790 19,230,300 19,095,200 5,240,465 5,240,465 409,938 415,666 273,239 261,431 58,803 17,000 17,308 13,942 1,601 56,170 56,170 3,013 6,350 4,926,936 4,926,936 5,658,600 4,936,800 5,658,600 4,936,800 311,400 310,700 311,400 310,700 1,169,700 1,753,300 1,169, 700 1,753,300 52,000 75,000 52,000 75,000 17,000 18,000 17,000 18,000 3,200 19,400 3,200 19,400 45,800 46,000 45,800 46,000 74,300 - 74,300 - 1,200,000 1,200, 000 5,787,300 5,973,100 5,787,300 5,973,100 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 1,487,800 1,241,000 TOTAL EXPENSE: 947,236 1,487,800 1,241,000 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: 78,224 400,800 213,600 TOTAL EXPENSE: 66,005 400,800 213,600 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 6,800,700 13,518,900 TOTAL EXPENSE: 5,224,673 6,800,700 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 HALL/POLICE 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 1,162,900 1,120,500 TOTAL EXPENSE: 246,745 1,162,900 1,120,500 SEWER CAPITAL RESERVE FUND TOTAL REVENUE: 1,259,642 1,137,000 3,929,100 TOTAL EXPENSE: 480,035 1,137,000 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: 225,727 520,000 142,600 TOTAL EXPENSE: 75,727 520,000 142,600 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 5,210,200 3,359,000 TOTAL EXPENSE: 2,293,539 5,210,200 3,359,000 STREET NEW CONSTRUCTION FUND TOTAL REVENUE: 2,728,388 2,771,400 3,775,000 TOTAL EXPENSE: 1,856,212 2,771,400 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 1,460,900 1,641,500 TOTAL EXPENSE: 1,479,768 1,460,900 1,641,500 GOLF COURSE CONSTRJRESERVE FUND TOTAL REVENUE: 385,063 324,800 227,500 TOTAL EXPENSE: 181,617 324,800 227,500 SEWER PLANT CONSTRUCTION FUND TOTAL REVENUE: 26,782 3,650,000 2,650,000 TOTAL EXPENSE: 26,782 3,650,000 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 1,434,000 200,000 TOTAL EXPENSE: 4,076,863 1,434,000 200,000 REXBURG BUSINESS COMPETITION FUND TOTAL REVENUE: 116,475 426,100 35,000 TOTAL EXPENSE: 97,551 426,100 35,000 NORTH 2ND EAST CONSTRUCTION FUND TOTAL REVENUE: 20,913 100,000 2,931,000 TOTAL EXPENSE: 20,913 100,000 2,931,000 COMMUNITY SAFETY LIGHTING FUND TOTAL REVENUE: TOTALEXPENSE: FIBER OPERATING FUND TOTAL REVENUE: TOTALEXPENSE: SHOP -WITH -A -COP FUND TOTAL REVENUE: TOTALEXPENSE: AMBULANCE CAPITAL REPLACEMENT FUND TOTAL REVENUE: TOTALEXPENSE: CITY 501 C3 FOUNDATION FUND TOTAL REVENUE: TOTALEXPENSE: GRAND TOTAL REVENUE: GRAND TOTAL EXPENSE: " 2024 Amended Budget as of 7/17/24 290,291 958,000 620,600 110,763 958,000 620,600 183,842 150,000 123,300 244,245 150,000 123,300 17,398 17,000 18,200 17,313 17,000 18,200 406,082 402,600 440,000 - 402,600 440,000 30,000 10,000 5,100 30,000 10,000 5,100 62,352,585 81,067,700 92,269,800 59,026,007 81,067,700 92,269,800