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HomeMy WebLinkAboutCity notice of budget hearing FY 27 July 15, 2026NOTICE OF PUBLIC HEARING CITY OF REXBURG, IDAHO PROPOSED BUDGET FOR FISCAL YEAR ENDING 9/30/2027 (FY 2027) A public hearing will be held for the consideration of the proposed budget for the fiscal year from October 1, 2026 to September 30, 2027, at the City Hall, 35 North 1st East, Rexburg, Idaho, at 6:30 p.m., on July 15, 2026. 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 notificación en un formato accesible para las personas discapacidades y/o personas con conocimientos limitados del inglés a pedido. The proposed total expenditures and revenues for each fund for FY 2027 have been tentatively approved by the City Council and entered in detail in the minutes of their meeting. CITY OF REXBURG REVENUES AND EXPENDITURES 2025 2026 2027 ACTUAL BUDGET* BUDGET GENERAL FUND PROPERTY TAX 7,001,073 7,290,000 7,660,000 OTHER REVENUE 12,431,672 17,230,000 12,428,500 TOTAL REVENUE: 19,432,745 24,520,000 20,088,500 TOTAL EXPENSE: 19,612,384 24,520,000 20,088,500 STREET OPERATION FUND TOTAL REVENUE: 6,998,750 5,355,500 4,948,000 TOTAL EXPENSE: 6,998,750 5,355,500 4,948,000 RECREATION FUND TOTAL REVENUE: 322,986 307,400 345,300 TOTAL EXPENSE: 325,893 307,400 345,300 TABERNACLE OPERATIONS FUND TOTAL REVENUE: 446,427 1,189,200 395,800 TOTAL EXPENSE: 255,937 1,189,200 395,800 ICE RINK FUND TOTAL REVENUE: - 268,900 485,400 TOTAL EXPENSE: - 268,900 485,400 POLICE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 72,228 383,300 112,800 TOTAL EXPENSE: 87,987 383,300 112,800 D.A.R.E. ASSOCIATION FUND TOTAL REVENUE: 15,220 17,800 17,800 TOTAL EXPENSE: 19,009 17,800 17,800 DRUG ENFORCEMENT FUND TOTAL REVENUE: 6,956 18,000 9,900 TOTAL EXPENSE: 13,496 18,000 9,900 POLICE SMALL GRANTS FUND TOTAL REVENUE: 48,601 51,000 50,000 TOTAL EXPENSE: 48,601 51,000 50,000 FIRE STATION BUILDING FUND TOTAL REVENUE: 443,902 309,000 - TOTAL EXPENSE: 443,902 309,000 - FIRE DEPARTMENT OPERATIONS FUND TOTAL REVENUE: 6,216,440 7,080,700 - TOTAL EXPENSE: 6,216,440 7,080,700 - JOINT FIRE EQUIPMENT FUND TOTAL REVENUE: 612,242 408,000 - TOTAL EXPENSE: 1,827,928 408,000 - MADISON COUNTY FIRE DISTRICT TOTAL REVENUE: 1,235,093 1,565,500 - TOTAL EXPENSE: 1,343,292 1,565,500 - FIRE IMPACT FEE CAPITAL FUND TOTAL REVENUE: 62,900 42,000 100,000 TOTAL EXPENSE: 40,000 42,000 100,000 FIRE DEPARTMENT EMPLOYEE FUND TOTAL REVENUE: 891 3,000 - TOTAL EXPENSE: 27,503 3,000 - REVOLVING LOAN FUND TOTAL REVENUE: 71,027 83,500 89,000 TOTAL EXPENSE: 2,915 83,500 89,000 REXBURG RAPIDS FUND TOTAL REVENUE: 529,283 622,600 779,900 TOTAL EXPENSE: 527,647 622,600 779,900 LEGACY FLIGHT MUSEUM FUND TOTAL REVENUE: 132,858 147,300 113,000 TOTAL EXPENSE: 170,033 147,300 113,000 SANITATION OPERATIONS FUND TOTAL REVENUE: 3,549,797 3,560,900 3,614,600 TOTAL EXPENSE: 3,621,024 3,560,900 3,614,600 WATER OPERATIONS FUND TOTAL REVENUE: 7,455,357 4,675,200 6,258,800 TOTAL EXPENSE: 4,343,610 4,675,200 6,258,800 WASTEWATER OPERATIONS FUND TOTAL REVENUE: 12,214,336 12,804,700 9,595,600 TOTAL EXPENSE: 6,518,928 12,804,700 9,595,600 BUILDING SAFETY FUND TOTAL REVENUE: 1,325,496 1,541,100 1,630,300 TOTAL EXPENSE: 1,116,516 1,541,100 1,630,300 GEOGRAPHIC INFORMATION SYSTEMS TOTAL REVENUE: 540,217 601,300 672,700 TOTAL EXPENSE: 540,217 601,300 672,700 JOINT CITY HALL/POLICE ADDITION RESERVE FUND TOTAL REVENUE: 553,000 1,581,200 250,000 TOTAL EXPENSE: 1,501,358 1,581,200 250,000 STREET IMPACT FEE FUND TOTAL REVENUE: 398,008 1,222,200 3,000,000 TOTAL EXPENSE: 162,506 1,222,200 3,000,000 WATER CAPITAL RESERVE FUND TOTAL REVENUE: 685,754 2,698,000 1,833,000 TOTAL EXPENSE: 1,197,833 2,698,000 1,833,000 SEWER CAPITAL RESERVE FUND TOTAL REVENUE: 1,775,556 5,890,200 1,955,200 TOTAL EXPENSE: 1,278,796 5,890,200 1,955,200 ARTS PROMULGATION FUND TOTAL REVENUE: 17,018 225,000 35,000 TOTAL EXPENSE: 105,000 225,000 35,000 ESD PARAMEDIC CARE UNIT FUND TOTAL REVENUE: 2,167,015 1,501,700 - TOTAL EXPENSE: 2,234,229 1,501,700 - PARKS IMPACT FEE CAPITAL FUND TOTAL REVENUE: 437,706 3,321,700 680,000 TOTAL EXPENSE: 105,031 3,321,700 680,000 TRAILS OF MADISON COUNTY FUND TOTAL REVENUE: 83,051 1,066,000 926,400 TOTAL EXPENSE: 54,295 1,066,000 926,400 ROMANCE THEATRE FUND TOTAL REVENUE: 177,138 186,300 144,000 TOTAL EXPENSE: 196,754 186,300 144,000 PARK CONSTRUCTION FUND TOTAL REVENUE: 177,569 5,000 132,000 TOTAL EXPENSE: 230,485 5,000 132,000 WATER CAPITAL CONSTRUCTION FUND TOTAL REVENUE: 84,649 2,185,000 1,020,000 TOTAL EXPENSE: 84,649 2,185,000 1,020,000 STREET REPAIR FUND TOTAL REVENUE: 3,095,592 3,765,000 4,983,100 TOTAL EXPENSE: 871,326 3,765,000 4,983,100 STREET NEW CONSTRUCTION FUND TOTAL REVENUE: 4,866,389 8,033,600 14,097,000 TOTAL EXPENSE: 5,030,200 8,033,600 14,097,000 AIRPORT OPERATIONS FUND TOTAL REVENUE: 68,538 61,100 69,100 TOTAL EXPENSE: 52,078 61,100 69,100 AIRPORT CONSTRUCTION FUND TOTAL REVENUE: 95,235 4,619,400 211,000 TOTAL EXPENSE: 57,208 4,619,400 211,000 AIRPORT RELOCATION RESERVE FUND TOTAL REVENUE: 42,316 28,500 53,000 TOTAL EXPENSE: - 28,500 53,000 GOLF COURSE FUND TOTAL REVENUE: 1,918,164 1,778,500 2,161,100 TOTAL EXPENSE: 1,893,111 1,778,500 2,161,100 GOLF COURSE CONSTR./RESERVE FUND TOTAL REVENUE: 228,800 210,800 289,400 TOTAL EXPENSE: 57,500 210,800 289,400 SEWER PLANT CONSTRUCTION FUND TOTAL REVENUE: 1,374,503 3,276,500 4,820,000 TOTAL EXPENSE: 1,393,009 3,276,500 4,820,000 LID CONSTRUCTION FUNDS TOTAL REVENUE: 1,295,398 4,700,000 5,950,000 TOTAL EXPENSE: 1,295,398 4,700,000 5,950,000 LID DEBT SERVICE FUNDS TOTAL REVENUE: 518,740 1,008,400 1,198,400 TOTAL EXPENSE: 24,709 1,008,400 1,198,400 REXBURG CULTURAL ARTS FUND TOTAL REVENUE: 221,213 309,400 214,400 TOTAL EXPENSE: 221,213 309,400 214,400 FIBER INITIATIVE CONSTRUCTION FUND TOTAL REVENUE: 454,000 108,800 - TOTAL EXPENSE: 601,610 108,800 - REXBURG BUSINESS COMPETITION FUND TOTAL REVENUE: 46,793 23,900 17,800 TOTAL EXPENSE: 61,693 23,900 17,800 NORTH 2ND EAST CONSTRUCTION FUND TOTAL REVENUE: 57,556 4,830,000 1,437,800 TOTAL EXPENSE: 57,556 4,830,000 1,437,800 COMMUNITY SAFETY LIGHTING FUND TOTAL REVENUE: 286,941 - 296,900 TOTAL EXPENSE: 98,135 - 296,900 FIBER OPERATING FUND TOTAL REVENUE: 735,993 135,800 173,200 TOTAL EXPENSE: 114,827 135,800 173,200 SHOP-WITH-A-COP FUND TOTAL REVENUE: 16,789 18,000 20,000 TOTAL EXPENSE: 17,090 18,000 20,000 AMBULANCE CAPITAL REPLACEMENT FUND TOTAL REVENUE: 13,930 - - TOTAL EXPENSE: 442,784 - - CITY 501 C3 FOUNDATION FUND TOTAL REVENUE: 1,672 3,000 6,000 TOTAL EXPENSE: 6,741 3,000 6,000 GRAND TOTAL REVENUE: 83,628,778 118,348,900 95,281,200 GRAND TOTAL EXPENSE: 73,549,136 118,348,900 95,281,200 *2026 Amended Budget as of 6/12/26