205925 NOTICE OF PUBLIC HEARING PROPOSED BUDGET FOR CITY OF KENDRICK FOR FISCAL YEAR 2027 A public hearing by the Kendrick City Council, pursuant to Idaho Code Section 50-1002, will be held for consideration of the proposed budget for the fiscal period October 1, 2026 to September 30, 2027. The hearing will be at Kendrick Fire Hall, 600 E Main Street, Kendrick, Idaho at 8:00 am on September 21, 2026. All interested residents are invited to appear and provide testimony concerning the proposed budget. Copies of the proposed City budget are available at City Hall during regular office hours (9:00 am to 3:00 pm, Monday through Thursday). City Hall is accessible to persons with disabilities. Anyone desiring accommodations 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. EXPENDITURES FY 2025 FY 2026 FY2027 ACTUAL BUDGETED PROPOSED GENERAL FUND: EXPENDITURES EXPENDITURES EXPENDITURES General 153,574 468,108 468,108 TOTAL TAX FUNDS 153,574 468,108 468,108 ENTERPRISE FUND: Sanitation Fund 60,582 91,863 68,000 Water Fund 45,306 134,479 135,124 Sewer Fund 110,913 127,425 176,988 TOTAL ENTERPRISE FUNDS 216,801 353,767 380,112 SPECIAL FUNDS: Leading Idaho Funding Grant 2,673,000 2,673,000 2,107,207 Idaho Community Development Block Grant (ICDBG) - LHTAC Child Pedestrian Safety Grant - USDA Rural Development Grant No. 07 137,237 137,237 Water Bond 91-01 45,024 45,024 45,024 Sewer Bond 92-03 20,517 20,517 20,517 Sewer Bond 92-06 22,422 22,422 22,422 Cash Carry Over - Sewer Upgrade Project - TOTAL SPECIAL FUNDS 2,898,200 2,898,200 2,195,170 TOTAL EXPENDITURES ALL FUNDS: 3,268,575 3,720,075 3,043,390 REVENUES FY 2025 FY 2026 FY2027 ACTUAL BUDGETED PROPOSED PROPERTY TAX LEVY: REVENUE REVENUE REVENUE General Fund 42,888 267,005 134,145 Total Tax Levy 42,888 267,005 134,145 GENERAL FUND: General 151,430 341,004 348,307 Total Other Revenue 151,430 341,004 348,307 ENTERPRISE FUND: Sanitation Fund 65,075 91,862 68,500 Water Fund 45,306 134,479 139,398 Sewer Fund 110,913 127,425 135,119 Total Enterprise Funds 221,294 353,766 343,017 SPECIAL FUNDS: Leading Idaho Funding Grant 2,673,000 2,673,000 2,107,207 Idaho Community Development Block Grant (ICDBG) 420,352 500,000 500,000 LHTAC Child Pedestrian Safety Grant - - USDA Rural Development Grant No. 07 137,237 137,237 Water/Sewer Restricted Funds - Water /Sewer Bond Funds 87,963 87,963 87,963 Cash Carry Over - Sewer Upgrade Loan Grant - Total Special Funds 3,318,552 3,398,200 2,695,170 TOTAL REVENUE ALL FUNDS: 3,734,164 4,359,975 3,520,639 Danean Schmidt, City Clerk/Treasurer