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HomeMy WebLinkAboutOrd 1333 BUDGET 2026 APPROPRIATION ORDINANCE ORDINANCE NO. 1333 FISCAL YEAR 2026 BUDGET APPROPRIATION AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION ORDINANCE OF THE CITY OF REXBURG, IDAHO, FOR THE FISCAL YEAR OCTOBER 1, 2025, TO SEPTEMBER 30, 2026, 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, 2026; 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, 2025, to September 30, 2026. SECTION II. The revenue, fund balance carry-overs and transfers of the City of Rexburg, Idaho, for the fiscal year October 1, 2025 to September 30 2026, derived from taxes levied for said year, and all other sources, in the amount in total of $111,279,400, as shown below by the budget of the City of Rexburg, Idaho, adopted and approved by the City Council on the 20th day of August, 2025, 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, 2026, 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 20th day of August, 2025. ____________________________ Jerry L. Merrill, Mayor ATTEST ________________________ Deborah Lovejoy, City Clerk CITY OF REXBURG REVENUES AND EXPENDITURES 2024 2025 2026 ACTUAL BUDGET* BUDGET GENERAL FUND PROPERTY TAX 6,630,639 6,932,400 7,290,000 OTHER REVENUE 11,655,828 12,343,800 12,008,700 TOTAL REVENUE: 18,286,467 19,276,200 19,298,700 TOTAL EXPENSE: 19,377,609 19,276,200 19,298,700 STREET OPERATION FUND TOTAL REVENUE: 6,832,198 5,021,400 5,355,500 TOTAL EXPENSE: 6,832,198 5,021,400 5,355,500 RECREATION FUND TOTAL REVENUE: 270,338 317,500 306,300 TOTAL EXPENSE: 261,704 317,500 306,300 TABERNACLE OPERATIONS FUND TOTAL REVENUE: 1,041,016 1,753,300 1,182,200 TOTAL EXPENSE: 968,305 1,753,300 1,182,200 POLICE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 64,444 75,000 383,300 TOTAL EXPENSE: - 75,000 383,300 D.A.R.E. ASSOCIATION FUND TOTAL REVENUE: 17,000 18,000 17,800 TOTAL EXPENSE: 14,664 18,000 17,800 DRUG ENFORCEMENT FUND TOTAL REVENUE: 16,168 19,400 18,000 TOTAL EXPENSE: 3,632 19,400 18,000 POLICE SMALL GRANTS FUND TOTAL REVENUE: 56,166 46,000 51,000 TOTAL EXPENSE: 56,166 46,000 51,000 HIGH FIVE & OTHER GRANTS TOTAL REVENUE: 1,928 - - TOTAL EXPENSE: 68,815 - - FIRE STATION BUILDING FUND TOTAL REVENUE: - 1,200,000 309,000 TOTAL EXPENSE: - 1,200,000 309,000 FIRE DEPARTMENT OPERATIONS FUND TOTAL REVENUE: 6,065,623 5,983,400 7,080,700 TOTAL EXPENSE: 6,065,623 5,983,400 7,080,700 JOINT FIRE EQUIPMENT FUND TOTAL REVENUE: 606,578 778,800 408,000 TOTAL EXPENSE: 340,857 778,800 408,000 MADISON COUNTY FIRE DISTRICT TOTAL REVENUE: 1,191,371 1,241,000 1,565,500 TOTAL EXPENSE: 1,529,427 1,241,000 1,565,500 FIRE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 34,701 42,100 42,000 TOTAL EXPENSE: 40,008 42,100 42,000 FIRE DEPARTMENT EMPLOYEE FUND TOTAL REVENUE: 1,193 3,000 3,000 TOTAL EXPENSE: - 3,000 3,000 REVOLVING LOAN FUND TOTAL REVENUE: 82,002 73,500 83,500 TOTAL EXPENSE: 11,688 73,500 83,500 REXBURG RAPIDS FUND TOTAL REVENUE: 546,698 583,100 622,600 TOTAL EXPENSE: 602,516 583,100 622,600 LEGACY FLIGHT MUSEUM FUND TOTAL REVENUE: 384,056 213,600 147,300 TOTAL EXPENSE: 326,466 213,600 147,300 SANITATION OPERATIONS FUND TOTAL REVENUE: 3,416,727 3,509,500 3,560,900 TOTAL EXPENSE: 3,159,881 3,509,500 3,560,900 WATER OPERATIONS FUND TOTAL REVENUE: 5,904,362 5,012,200 4,675,200 TOTAL EXPENSE: 4,315,322 5,012,200 4,675,200 WASTEWATER OPERATIONS FUND TOTAL REVENUE: 8,660,279 13,518,900 12,804,700 TOTAL EXPENSE: 6,120,483 13,518,900 12,804,700 BUILDING SAFETY FUND TOTAL REVENUE: 1,441,169 1,210,800 1,541,100 TOTAL EXPENSE: 972,148 1,210,800 1,541,100 GEOGRAPHIC INFORMATION SYSTEMS TOTAL REVENUE: 519,150 567,200 601,300 TOTAL EXPENSE: 519,150 567,200 601,300 JOINT CITY HALL/POLICE ADDITION RESERVE FUND TOTAL REVENUE: 481,216 1,665,000 1,581,200 TOTAL EXPENSE: - 1,665,000 1,581,200 STREET IMPACT FEE FUND TOTAL REVENUE: 681,292 245,000 1,222,200 TOTAL EXPENSE: 508,931 245,000 1,222,200 WATER CAPITAL RESERVE FUND TOTAL REVENUE: 709,233 1,120,500 2,698,000 TOTAL EXPENSE: 271,067 1,120,500 2,698,000 SEWER CAPITAL RESERVE FUND TOTAL REVENUE: 2,324,689 3,929,100 5,890,200 TOTAL EXPENSE: 1,178,990 3,929,100 5,890,200 ARTS PROMULGATION FUND TOTAL REVENUE: 59,534 105,000 225,000 TOTAL EXPENSE: 25,008 105,000 225,000 ESD PARAMEDIC CARE UNIT FUND TOTAL REVENUE: 1,565,546 1,508,100 1,501,700 TOTAL EXPENSE: 1,472,339 1,508,100 1,501,700 PARKS IMPACT FEE CAPITAL FUND TOTAL REVENUE: 276,648 1,225,000 2,511,700 TOTAL EXPENSE: 158,660 1,225,000 2,511,700 TRAILS OF MADISON COUNTY FUND TOTAL REVENUE: 81,195 630,500 1,066,000 TOTAL EXPENSE: 48,225 630,500 1,066,000 ROMANCE THEATRE FUND TOTAL REVENUE: 270,070 210,300 186,300 TOTAL EXPENSE: 284,498 210,300 186,300 PARK CONSTRUCTION FUND TOTAL REVENUE: 125,999 333,600 5,000 TOTAL EXPENSE: - 333,600 5,000 WATER CAPITAL CONSTRUCTION FUND TOTAL REVENUE: 14,130 575,000 2,185,000 TOTAL EXPENSE: 14,130 575,000 2,185,000 STREET REPAIR FUND TOTAL REVENUE: 5,972,395 3,359,000 3,765,000 TOTAL EXPENSE: 4,914,018 3,359,000 3,765,000 STREET NEW CONSTRUCTION FUND TOTAL REVENUE: 3,595,386 4,115,000 7,333,600 TOTAL EXPENSE: 3,633,015 4,115,000 7,333,600 AIRPORT OPERATIONS FUND TOTAL REVENUE: 67,785 62,400 61,100 TOTAL EXPENSE: 51,249 62,400 61,100 AIRPORT CONSTRUCTION FUND TOTAL REVENUE: 185,811 717,400 4,561,000 TOTAL EXPENSE: 200,027 717,400 4,561,000 AIRPORT RELOCATION RESERVE FUND TOTAL REVENUE: 88,981 45,000 28,500 TOTAL EXPENSE: - 45,000 28,500 GOLF COURSE FUND TOTAL REVENUE: 1,659,403 1,641,500 1,778,500 TOTAL EXPENSE: 1,472,699 1,641,500 1,778,500 GOLF COURSE CONSTR./RESERVE FUND TOTAL REVENUE: 212,650 227,500 210,800 TOTAL EXPENSE: 59,196 227,500 210,800 SEWER PLANT CONSTRUCTION FUND TOTAL REVENUE: 244,219 2,650,000 3,276,500 TOTAL EXPENSE: 225,713 2,650,000 3,276,500 LID CONSTRUCTION FUNDS TOTAL REVENUE: 4,322,634 3,995,200 4,700,000 TOTAL EXPENSE: 3,633,471 3,995,200 4,700,000 LID DEBT SERVICE FUNDS TOTAL REVENUE: 588,031 941,100 1,008,400 TOTAL EXPENSE: 740,267 941,100 1,008,400 REXBURG CULTURAL ARTS FUND TOTAL REVENUE: 234,010 270,200 306,600 TOTAL EXPENSE: 234,010 270,200 306,600 FIBER INITIATIVE CONSTRUCTION FUND TOTAL REVENUE: 270,000 200,000 108,800 TOTAL EXPENSE: 273,142 200,000 108,800 REXBURG BUSINESS COMPETITION FUND TOTAL REVENUE: 337,046 35,000 23,900 TOTAL EXPENSE: 343,717 35,000 23,900 NORTH 2ND EAST CONSTRUCTION FUND TOTAL REVENUE: 226,533 2,931,000 4,830,000 TOTAL EXPENSE: 226,533 2,931,000 4,830,000 COMMUNITY SAFETY LIGHTING FUND TOTAL REVENUE: 316,264 620,600 - TOTAL EXPENSE: 998,609 620,600 - FIBER OPERATING FUND TOTAL REVENUE: 90,000 123,300 135,800 TOTAL EXPENSE: 7,809 123,300 135,800 SHOP-WITH-A-COP FUND TOTAL REVENUE: 22,504 18,200 18,000 TOTAL EXPENSE: 17,853 18,200 18,000 AMBULANCE CAPITAL REPLACEMENT FUND TOTAL REVENUE: 22,772 440,000 - TOTAL EXPENSE: - 440,000 - CITY 501 C3 FOUNDATION FUND TOTAL REVENUE: 3,275 5,100 3,000 TOTAL EXPENSE: 3,275 5,100 3,000 GRAND TOTAL REVENUE: 80,488,885 94,408,500 111,279,400 GRAND TOTAL EXPENSE: 72,583,113 94,408,500 111,279,400 * 2025 Amended Budget as of 7/16/25