NOTICE OF PUBLIC HEARING

BUDGET FOR FISCAL YEAR 2007-2008  (FY2008)

CITY OF RIGGINS, IDAHO

 

 

 

            Notice is hereby given that the City Council of the City of Riggins, Idaho will hold a public hearing for consideration of the proposed budget for the fiscal period October 1, 2007 through September 30, 2008, pursuant to the provisions of Section      50-1002, I.C., said hearing to be held at City Hall, 126 N. US#95, Riggins, Idaho, at

5:00 p.m., August 9, 2007.  At said hearing all interested persons may appear and show cause, if any they have, why said proposed budget should not be adopted.

 

 

 

PROPOSED EXPENDITURES

 

            The following is an estimate set forth in said proposed budget of the total proposed expenditures and accruing indebtedness of the City of Riggins, Idaho, for the fiscal period October 1, 2007 September 30, 2008.  The proposed FY 2008 budget is shown below as FY2008 proposed expenditures and revenues.

 

                                        FY 2006 Actual         FY 2007 Budget         FY 2008 Proposed

Fund Name                        Expenditures               Expenditures               Expenditures

---------------------------------------------------------------------------------------------------------

General Fund:

   General & Admin              $137,274                    $376,857                    $329,452

   Police                                   31,473                        32,000                        32,000

   Fire                                      12,230                      241,871                        85,335

Total General Fund              $180,977                    $650,728                   $446,787

 

Street Fund                                  16,254                 25,956                 20,471

Library Fund                                17,984                 21,356                 29,541

Recreation Fund                           13,341                 15,035               126,398

Water Fund                                115,508               310,400               663,172

Sewer Fund                                  92,910               225,000           3,317,000

Sanitation Fund                             58,117                 67,000                67,000

 

TOTAL

EXPENDITURES                    $495,091                 $1,315,475                 $4,670,369

   

PROPOSED REVENUE

 

 

            The estimated revenue for the City of Riggins, Idaho, for the fiscal year October 1, 2007 September 30, 2008, is as follows with the proposed FY 2008 budget shown as FY 2008 Proposed Revenue:

 

                                         FY 2006 Actual      FY 2007 Budget            FY 2008 Proposed Fund Name                                                                       Revenue                Revenue                           Revenue

----------------------------------------------------------------------------------------------------------

PROPERTY TAX LEVY:

  General Fund                $32,928              $41,378                           $31,533

  Library Fund                 13,934                11,002                             18,192

  Recreation Fund               9,040                 4,890                               7,545

TOTAL

PROPERTY TAX         $55,902              $57,270                           $57,270

 

REVENUE SOURCES OTHER

THAN PROPERTY TAX:

  General Fund              $258,693          $609,350                       $415,254

  Street Fund                    22,226              25,956                            20,471

  Library Fund                   6,621               10,354                            11,349

  Recreation Fund              6,474               10,145                          118,853

  Water Fund                162,771             310,400                          663,172

  Sewer Fund                111,011              225,000                       3,317,000

  Sanitation Fund             59,191                67,000                            67,000

TOTAL

OTHER REVENUE     $626,987            $1,258,205                  $4,613,099

 

GRAND TOTAL

   ALL REVENUE       $682,889          $1,315,475                  $4,670,369

 

I, June Whitten, Clerk-Treasurer of the City of Riggins, Idaho do hereby certify that the above is a true and correct statement of the proposed expenditures and revenues for fiscal year 2007-2008, all of which have been tentatively approved and entered at length in the Journal of Proceedings.  I further certify that the City of Riggins, Idaho did give notice for said hearing with notice having been published at least seven working days prior to the adoption of the budget by the Council.  Citizens are invited to attend the budget hearing on August 9, 2007, at 5:00 pm, and have the right to provide written or oral comments concerning the entire city budget.  A copy of the proposed city budget in detail is available at City Hall for inspection during regular office hours.  Citizens and senior citizens are encouraged to attend and comment.  City Hall is accessible to persons with disabilities.  Anyone desiring accommodations for disabilities related to the budget documents or to the hearing, please contact the City Hall 628-3394 at least 48 hours prior to the public hearing.

 

Dated this 25th day of July, 2007.

 

                                                                        __________________________________

                                                                                    June Whitten, Clerk-Treasurer