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HomeMy Public PortalAboutORD 101_Annual Appropriations FY06_08172005ORDINANCE NO. A, ( AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION ORDINANCE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2005, APPROPRIATING THE SUM OF $621,042 TO DEFRAY EXPENSES AND LIABILITIES OF THE CITY OF IONA FOR SAID FISCAL YEAR, AUTHORIZING A LEVY OF A SUFFICIENT TAX UPON THE TAXABLE PROPERTY AND SPECIFYING THE OBJECTS AND PURPOSE FOR WHICH SAID APPROPRIATION IS MADE. BE IT ORDAINED by the Mayor and City Council of the City of Iona, Bonneville County, Idaho. Section 1: That the sum of $621,042 be, and the same is appropriated to defray the necessary expenses and liabilities of the City of Iona, Bonneville County, Idaho for the fiscal year beginning October 1, 2005. Section 2: The objects and purposes for which such appropriation is made, and the amount of each object and purpose is as follows: ESTIMATED EXPENDITURES: GENERAL FUND AND STREETS: General Administration $ 174,948.00 Grants $ 20,150.00 Capital Outlay and Maintenance $ 118,502.00 Equipment Replacement $ 68,642.00 WATER FUND: Administration $ 71,726.00 Capital Outlay and Maintenance $ 128,574.00 Bond and Interest Payment $ 32,000.00 RECREATION: Administration $ 6,500.00 TOTAL EXPENSES: $ 621,042.00 Section 3: That a general tax levy on all taxable property within the City of Iona be levied in an amount allowed by law for the general purposes for the said City, for the fiscal year beginning October 1, 2005. Section 4: All ordinances and parts of ordinances in conflict with this ordinance are hereby repealed. Section 5: This ordinance shall be in full force and effect from and after its passage, execution and publication in the manner required by law. PASSED BY THE COUNCIL AND APPROVED BY THE MAYOR THIS 17th DAY OF AUGUST, 2005. Craig Roc woo Mayor i STATE OF IDAHO ) ss COUNTY OF BONNEVILLE ) I, Betty McKinlay, City Clerk of the City of Iona, Idaho do hereby certify: That the above and foregoing is a full and correct copy of the Ordinance entitled "AN ORDINANCE PROVIDING FOR THE FISCAL PERIOD APPROPRIATION OF THE CITY OF IONA, IDAHO FOR THE PERIOD COMMENCING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006; APPROPRIATING AND APPORTIONING THE MONEYS OF SAID CITY TO AND AMONG THE SEVERAL FUNDS OF THE SAID CITY AND DESIGNATING THE PURPOSE FOR WHICH SAID MONEYS MAY BE EXPENDED; SPECIFYING THE AMOUNT OF MONEY PAID BY PROPERTY TAX; PROVIDING WHEN THE ORDINANCE SHALL BECOME EFFECTIVE:" passed by the City Council and Approved by the Mayor this 17th day of August, 2005. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said City. (seal) Proof of Publication The Post Register State of Idaho County of Bonneville I, Dan Moer e, or James Smith, first being duly sworn, depose and say: That I am the r Production Supervisor of The Post Company, a corporation of Idaho Falls, Bonneville County, Idaho, publishers of The Post Register, a newspaper of general circulation, published daily at Idaho Falls, Idaho; said Post Register being a consolidation of the Idaho Falls Times, established in the year 1890, l he Idaho Register, established in the year 1880 and the Idaho Fells Post, established in 1903, such consolidation being made on the,First day of November, 193 I, and each of said newspapers have been published continuously and uninterruptedly, prior to consolidation, for more than twelve consecutive months and said Post Register having been published continuously and uninterruptedly from the date of such consolidation, up to and including the last publication of notice hereinafter referred to. That the notice, of which a copy is hereto attached and made a part of this affidavit, was published in said Post Register for 2 consecutive (days) weeks, first publication having been made on the 1 OTH day of AUGUST 2005, last publication having been made on the 17TH day of AUGUST 2005 at the said notice was published in the regular and entire issue of said paper on the respective dates of publication, and that such notice was published in the newspaper and not in a supplement. Subscribed and sworn to before nee, this,};jTH day of AUGUST 2005 e; 'spa `�� j'�� � `t My commission expires January 10, 2009 :y �,� :/.� d U� NOTICE OF PUBLIC HEARING PROPOSED BUDGET FOR FISCAL YEAR 2005.2006 CITY OF IONA, IDAHO Notice is hereby given that the City of Iona, Idaho will hold a public hearing for consideration of the proposed budget for the fiscal period October 1, 2005 - September 30, 2006 pursuant to the provisions of Section 50-1002, IC., said hearing to be held at City Hall, Iona at 6:30 p.m., on August 17, 2005. At said hearing all interested persons may appear and show cause, if any they have, why said proposed budget shoukl not be adopted. the proposed FY 05-06 budget is shown below as FY 05-06 proposed expenditures and revenues. PROPOSED EXPENDITURES FY 03-04 FggY 004�40�t5 FY 05-06 ActualFund Name Expenditures Expenditures Expenditures GENERAL $273,882 $266,300 $313,600 WATER $93,656 185,574 232,300 EQUIPMENT REPLACEMENT 0 58,642 68,642 RECREATION 4,680 6,600 6,500 TOTAL PROPOSED EXPENSE 372,127 517,116 621,042 PROPOSED REVENUES FY 03-04 FY 04.05 Actual PIM Name Revenues Revenues FY 05-06 TOTAL GENERAL TAX LEVY 122,878 119,177 129,32- -`FAY1A'NTS FROM STATE 107,596 97,000 102,000 FRANCHISES 20,940 18,000 19,200 GRANTS 16,869 23,823 20,150< CASH CARRYOVER 48,642 58,642 88,642 GENERAL FUND (OTHER) 11,554 8,300 22923 WATER FUND 177,311 • 185,574 232300 RECREATION FUND 5,756 6,600 6,500 TOTAL REVENUES $534,469 $517,116, $621,042 I, Betty McKinley,City Clerk of the City of Iona, Idaho certify that the above is a true statement of the proposed expenditures by fund and the entire estimated revenues and other sources of the City of Iona, Idaho for the fiscal year'2.005-2006; all of which have been tentatively approved by the City Council on July 20, 2005 and entered in length in the Journal of Proceedings. Dated this 4th day of August 2005. Betty McKinley, City Clerk Published August loth and August 17th, 2005