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HomeMy Public PortalAboutAB 17-301 Annual Financial Street ReportMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 17-301 Meeting Date December 28, 2017 AGENDA ITEM INFORMATION  SUBJECT: Approve FY17 Annual Road and Street Financial Report Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager     Clerk     Treasurer / Originator   Community Development     Police Department     Public Works     Golf Course    COST IMPACT: N/A Parks and Recreation    FUNDING SOURCE: N/A Airport      Library    TIMELINE: N/A Information Systems      Grant Coordinator    SUMMARY STATEMENT: Pursuant to IC §40-708, it is state policy that highway user revenues accruing to the state highway account be spent exclusively for the maintenance, construction and development of highways and bridges in the state highway system. All moneys apportioned to cities from the proceeds from the imposition of tax on fuels and from any tax or fee for the registration or operation of motor vehicles for general highway construction and maintenaince, bridge and culvert moneys, will be accounted for as to the acutal expenditure to the state controller, as dedicated funds through the Annual Road and Street Financial Report. This report is due by December 31 of each year for the preceeding fiscal budget year, and is published once as a legal notice between January 1 and Januay 15. It is required that the Mayor sign this report. Attached: FY17 Annual Road and Street Financial Report  RECOMMENDED ACTION: Approve the FY17 Annual Road and Street Financial Report and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION