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HomeMy WebLinkAboutNotice Notice of Public Hearing Proposed Budget for Fiscal Year 2006 City of Meridian, Idaho A public hearing, pursuant to Idaho Code 50.1002, will be held for consideration of the proposed budget for the fiscal year from October 1. 2005 to September 30, 2006. The hearing will be held at Meridian City Hall, 33 East Idaho Avenue, Meridian, Idaho at 6:00 PM on Tuesday, August 30, 2005. 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 the City Hall during regular office hours (8:00 AM to 5:00 PM, weekdays). City Hall is accessible to persons with disabilities. Anyone desiring accommodation for disabilities related to the budget documents or to the hearing, please contact the City Clerk Office, 888-4433 at least 48 hours prior to the public hearing, The proposed FY2006 budget is shown below as FY2006 proposed expenditures and revenues. CITY of MERIDIAN Fvæ06 PROPOSED BUDGET Actual Budget Proposed REVENUES Revenues Revenues Revenues GENERAL FUND Property Tax revenue 7,151,598 7,756,619 10,258,303 Other Sources 5,029,760 5,548,664 5,103,608 Special Services - Community Planning & Dev. 4,294,581 2,460,800 4,380,793 Park Impact revenues 1,274,124 713,000 1,264,400 FireTruck Fund revenue 16,974 4,000 - IGENERAL FUND REVENUES 17,767037 16,483,083 21,007 104 use of Park Impact Fund Balance 773,300 2,311,622 use of FireTruck Fund balance 337,600 use of Special Service Fund Balance 31,000 use of General Fund balance 1,810,393 1619035 TOTAL GENERAL FUND 17,767,037 19,066,776 26,308,381 CAPITAL IMPROVEMENT FUND Interest Revenue 76,791 79,800 107,000 use of Capital Improvement Fund Balance 4,480,600 TOTAL CAPITAL IMPROVEMENT FUND 76791 79,800 4,667,600 ENTERPRISE FUND Water & Wastewater revenues 17,727,302 15,153,484 24,032,500 use of Enterprise Fund balance 26,429,114 35,409010 TOTAL ENTERPRISE FUND 17727,302 41,682,698 69.441,510 !TOTAL 35.671.130 60.729,174 88.318,371 FV2004 FV2005 FY2008 Actual Budget PrODosed EXPENDITURES Expenditures Expenditures Expenditures GENERAL FUND Personnel & Operating Administrative OffICes 1,167,289 1.372,855 1,439,257 Admin carry-forward appropriation 1 ,334,393 1,319,619 Police Department 5,319,893 6,332,012 7,194,928 Police carry-forward appropriation 8,000 Fire Department 2,931,245 3.288,294 4,715,785 Parks Department 744,224 916,397 1,242,016 Special Services - Community Planning & Dev. 2,380,921 2,309,207 3,347,108 Special Service carry-forward appropriation 31,000 TOTAL GENERAL FUND OPERATIONS 12,643,572 15,663,158 18,297,713 Capital Outlay Administrative Offices 15,364 5,460 180,866 Police Department 233,368 312,045 403,360 Fire Department 479,031 1,135,330 526,700 Fire carry-forward appropriation - 53,500 Parks Department 467,500 893,300 1,006,850 Parks carry-forward appropriation 1,010,000 2,803,688 Special Services - Community Planning & Dev. 3,297 73,610 26,835 addition to Spec Svc reserved fund balance 799,548 77,983 1,006,850 addition to unreserved fund balance 5,890 TOTAL GENERAL FUND CAPITAL OUTLAY 1.888 108 3,513.618 6008648 TOTAL GENERAL FUND EXPENDITURES 14541 680 18.066.776 25 306 361 CAPITAL IMPROVEMENT FUND Personnel & Operating Administrative OffICes 5,585 5,000 7,500 Capital Outlay Administrative & Parks 25,080 74,800 4,560,000 Addition to Reserved Fund Balance TOTAL CAPITAL IMPROVEMENT FUND EXPENDITURES 30 665 78,800 4,567,500 ENTERPRISE FUND Personnel & Operating Water & Sewer 8,672,996 10,012,018 12,202,861 carry-forward appropriation 172,000 230,000 Capital Outlay Water & Sewer 5,551,931 18,909,760 25,577,710 carry-forward appropriation 12,488,820 21,430,939 TOTAL ENTERPRISE FUND EXPENDITURES 14,224,827 41,582,588 59,441,510 IroTALCI'IT.- ' . ..,'.'."..'.,. "797.27' 80.728.174 88.'15,371 The proposed expenditures and revenues for fiscal year 2006 have been tentatively approved by the City Council and entered in detail in the Journal of Proceedings. Dated this 12th day of August. 2005 William G. Berg, Jr. - City Clerk Please Publish August 15, 2005 and August 25.2005