NOTICE OF PUBLIC HEARING

BUDGET FOR FISCAL YEAR 2009-2010  (FY2010)

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, 209 through September 30, 2010.   Said hearing to be held at the Riggins City Hall, 126 N. US#95, Riggins, Idaho, at 6:30 p.m., August 10, 2009.  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, 209 September 30, 2010.  The proposed FY 2010 budget is shown below as FY10 proposed expenditures and revenues.

                                                           

                                                Actual             Actual             Budgeted        Proposed

                                                FY 07              FY 08              FY 09             FY 10

                       

Capital Improvements             -0-                   -0-                 $2,670,000        $2,670,000

Developer/City Reimb            -0-                   8,248                    13,200                  5,000

Administration/Consult           -0-                 15,811                      1,800                 1,800

City-Sewer Oblig Resv                                                                                          13,000

Other                                       -0-                      105                      1,000                    200

TOTAL PROPOSED EXPENDITURES     24,164             $2,686,000       $2,690,000

 

PROPOSED REVENUE

            The estimated revenue for the Riggins Urban Renewal District of Riggins, Idaho, for the fiscal year October 1, 2009 September 30, 2010, is as follows with the proposed FY10 budget shown as FY 2009 Proposed Revenue:

 

Actual             Actual             Budgeted        Proposed

                                                FY 07              FY 08              FY 09             FY 10

 

Developer Advance                -0-                   6,000          $2,670,000           $2,670,000

City Advance                                                     500

Property Tax Increment          -0-                   17,951               16,000                  20,000

TOTAL PROPOSED REVENUE                 24,451         $2,686,000          $2,690,000

 

 

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 2009-2010, 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 10, 2009, at 6:30 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 21st day July 2009.

                                                                                                __________________________________

                                                                                                June Whitten, Secretary, Riggins URA