Loading...
HomeMy WebLinkAboutMadison County Share of Budgets FY26Madison County Share of Budgets for Joint Operations with the City of Rexburg Fiscal Year Oct - Sept 2025 2025 2026 Entity Budget Amounts Not Billed/Paid Yet Budget Notes Airport Construction 22,500 22,500 32,000 50% share of costs not covered by grants-The City will match what the County does. Airport Operations 18,500 18,500 13,500 50/50 split City Savings to Move Airport- Informational Only 5,000 n/a 3,000 The City projects to have $1.164 million in savings by Fiscal Year 2026 Yearend. EMPG (Emergency Management Performance Grant)84,800 84,800 85,000 Emergency Manager Position. Homeland Grant passed on to cover expenses in operating fund. Ambulance District Operations Reimbursement 2,155,500 465,708 2,730,600 Forecasted in FY 25 at $116,100 Over Budget. Matt Let Chief's know to cut back some Ambulance Capital Replacement Fund 93 403,000 - - Not planning to bill for this. Will be closing this fund and sending a refund to County this summer Fire Station Building Fund 85,000 85,000 40,000 Reduced from $85 K to 40 K to help balance budget Dare 6,000 6,000 4,000 GIS 283,300 70,825 300,300 50/50 split Golf Course Operations - - - 50/50 split Golf Course Debt Service/Capital Savings Fund 60,000 60,000 50,000 New Set Aside to Replace Irrigation System in 5 plus years Fire Works 10,000 10,000 15,000 FY 25 City and County pay $10,000 each and sponsor pays net $15,000. Total cost $35,000. Hoping to further discuss FY 26 event in near future with you. Tentatively plan on $15,000 for now for FY 26 event until we work out details. Legacy Flight Museum-hangar lease pmt to airport operations 1,634 - 1,634 City pays this amount as well. 10% increase in FY 25 Legacy Flight Museum Insurance 13,000 13,000 18,000 50% of cost for insurance/storage rent as per agreement. Seen large increases in insurance as we added plane inventory and rates have climbed for coverage Purchase of 1.5 Acres to be split with City on School District Property in the Downtown - - 700,000 Presented proposal to School District in April and have not heard back. The proposal included a contribution from County of $650,000 as well as from the City for $650,000. We believe they will counter with a slight increase in cost, but can further discuss with County Leaders when we hear back. City is budgeting $700,000 in FY 26 and would ask that the County match that in their budget. 3,148,234 836,333 3,993,034