HomeMy Public PortalAboutAB 12-155 FY13 Budget Public Hearing
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB12-155
Meeting Date August 9, 2012
AGENDA ITEM INFORMATION
SUBJECT:
Public Hearing on FY13 Budget
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$17,092,520
Parks and Recreation
FUNDING SOURCE:
Property Taxes, user fees, grants, state shared revenue, and other sources
Airport
Library
TIMELINE:
Adopt Appropriations Ordinance on August 23, 2012
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Council adopted a tentative budget in the amount of $17,173,530 on July 13, 2012.
The FY13 Tentative Budget includes the growth and annexation property tax amounts from the County Clerk and the 3% property tax increase. The adopted tentative budget of $17,173,530
does not include the Available Foregone Amount. The 7 year Capital Improvement Plan (CIP) includes detailed project worksheets for each capital project in the CIP. The proposed FY13
budget has the entire 3% property tax increase programmed for capital projects included in the CIP. The CIP identifies necessary capital improvement and capital projects as well as
outlines the funding sources for these projects.
The recommended FY13 Local Option Tax (LOT) funding from the LOT Commission includes the funding adjustments as recommended by the Council on July 13, 2012.
Attachments:
Memo to the Council from the Treasurer
FY13 Proposed Budget worksheet
Capital Improvement Plan and Capital Project Worksheets
LOT Funding Matrix
Debt Service Schedule
RECOMMENDED ACTION:
Conduct the Public Hearing on the proposed FY13 budget
Leave the Public Hearing open to accept written comments until August 23, 2012
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
July 13, 2012
Council adopted a tentative budget in the amount of $17,173,530
August 9, 2012
Council held the Public Hearing and continued the public hearing until August 23, 2012 for the FY13 Budget.