Details for NOTICE OF PUBLIC HEARING PROPOSED BUDGET FOR FISCAL YEAR 2021 CITY OF KENDRICK, IDAHO A

NOTICE OF PUBLIC HEARING

PROPOSED BUDGET FOR FISCAL YEAR 2021

CITY OF KENDRICK, IDAHO

A public hearing, pursuant to Idaho Code 50-1002, will be held for consideration of the proposed budget for the fiscal period October 1, 2021- September 30, 2022. The hearing will be held at the Kendrick Fire Hall, Kendrick, Idaho, at 5:00p.m. on Aug.16th , 2021. 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 budget in detail are available at the City Hall during regular office hours (9:00 AM to 3:00 PM Monday-Friday). Anyone desiring accommodation for disabilities related to the budget documents or to the hearing, please contact City Hall, (208) 289-5157, at least 48 hours prior to the public hearing.

The following is an estimate set forth in said proposed budget expenditures and accruing indebtedness of the City of Kendrick, Idaho, for the fiscal period October 1, 2021 - September 30, 2022.

FY20 FY21 FY22

Actual Budgeted Proposed

Expenses Expenses Expenses

Fund Name

General Fund 435,649 448,718 462,180

Water Fund 146,880 151,286 155,825

Sewer Fund 108,283 111,531 114,877

Sanitation Fund 65,801 67,775 69,808

1996 Water Sewer Bond 47,823 49,258 49,544

2005 Water Bond 45,024 45,024 45,024

Cash Carry Over 280,853 289,279 289,279

Sewer Upgrade Project 750,000 772,500 795,675

Total Expenditures 1,880,313 1,936,722 1,982,212

The estimated revenue for the City of Kendrick, Idaho, for the period

October 1st, 2021 – September 30th, 2022, as is follows:

FY20 FY21 FY22

Actual Rev Budgeted Proposed

PROPERTY TAX LEVY 114,190 118,732 122,294

Personal Property tax 3,326 3,472 3,583

General Fund 271,805 294,904 301,097

(General Fund now includes, all general expenses including, Streets, Parks, Pool, Fire Dept., Highway Fees, Franchise Fees, Etc)

Sanitation Revenue 65,801 67,775 69,808

Water Revenue 147,015 151,425 155,968

Sewer Revenue 108,283 111,531 114,877

Water/Swr Restricted funds 151,524 156,070 156,070

Water/Swr Bond funds 150,089 156,070 156,070

Cash Carryover 98,507 101,462 104,116

Sewer Upgrade Loan Grant 750,000 772,500 795,675

TOTAL REVENUE 1,880,313 1,936,722 1,982,212

I, Nadine Towne, Clerk/Treasurer of the City of Kendrick, Idaho, do hereby certify that the above is a true and correct statement of the proposed expenditures and revenues for the fiscal year 2021, all of which have been tentatively approved and entered in the Journal of Proceedings. Publication dates for the notice of Public Hearing are Sept.14th. 2021, and Sept. 21st, 2021, in the Lewiston Tribune. Dated this the day of September 2021. Nadine Towne, City of Kendrick.

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