NOTICE OF PUBLIC HEARING

BUDGET FOR FISCAL YEAR 2007-2008  (FY2008)

RIGGINS URBAN RENEWAL DISTRICT

RIGGINS, IDAHO

 

 

            Notice is hereby given that the Board of Directors of the Riggins Urban Renewal Agency, Riggins, Idaho will hold a public hearing for consideration of the proposed budget for the fiscal period October 1, 2007 through September 30, 2008.   Said hearing to be held at the Riggins City Hall, 126 N. US#95, Riggins, Idaho, at 5:30 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 Riggins Urban Renewal District 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.

                                                           

                                                Actual              Actual              Budgeted            Proposed

                                                FY 05              FY 06              FY 07              FY 08

                       

Capital Improvements               -0-                  -0-                     -0-                $3,000,000

Developer/City Reimb              -0-                   -0-                     -0-                       80,000

Administration                          -0-                   -0-                     -0-                        6,000

Other                                       -0-                   -0-                     -0-                       14,000

TOTAL PROPOSED EXPENDITURES                                                       $3,100,000

 

PROPOSED REVENUE

 

            The estimated revenue for the Riggins Urban Renewal District 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:

 

Actual                        Actual                        Budgeted            Proposed

                                                FY 05              FY 06              FY 07              FY 08

 

Developer Advance                       -0-                  -0-                     -0-           $3,000,000

Property Tax Increment                 -0-                   -0-                      -0-              100,000

TOTAL PROPOSED REVENUE                                                                  $3,100,000

 

 

I, June Whitten, Secretary of the Riggins Urban Renewal Agency, 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 Riggins Urban Renewal Agency 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 5:30 pm, and have the right to provide written or oral comments concerning the entire budget.  A copy of the proposed budget in detail is available at the Riggins 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 June Whitten at  628-3394 at least 48 hours prior to the public hearing.

 

Dated this 25th day of July, 2007.

                                                                                                __________________________________

                                                                                                June Whitten, Secretary, Riggins URA