HomeMy Public PortalAboutResolution 21-28 Recovering Forgone Amount FY22 City of McCall
RESOLUTION NO. 21-28
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF McCALL, IDAHO,'
RECOVERING $68,814 OF THE FORGONE AMOUNT FOR FISCAL YEAR 2022 FOR
MAINTENANCE AND OPERATIONS AS DESCRIBED IN IDAHO CODE §63-802
WHEREAS, Idaho Code §50-235 empowers the city council of each city to levy taxes for general
revenue purposes; and,
WHEREAS, Idaho Code §50-1002 requires the city council of each city in the State of Idaho to
pass a budget,referred to as an annual appropriation ordinance; and,
WHEREAS, Idaho Code §63-802(1) sets limitations on all taxing district budget requests on the
amount of property tax revenues that can be used to fund programs and services; and,
WHEREAS, Idaho Code §63-802(1) allows each taxing entity to increase property tax budget
amounts by a maximum of 3%, plus an amount calculated based on the value of both new
construction and annexation added during the previous calendar year, plus no more than 1% of
forgone taxes for maintenance and operations, plus no more than 3% of forgone taxes for capital
projects; and,
WHEREAS, Idaho Code §63-802(1)(e) requires that if the City Council desires to recover unlevied
property taxes that were foregone in a previous fiscal year the Council must adopt a resolution to
recover that forgone amount; and,
WHEREAS, the City has met the notice and hearing requirements in Idaho Code §63-802(1)(e) to
recover a portion the forgone amount for maintenance and operations; and,
WHEREAS,the City intends to recover$68,814 of its allowable forgone amount.
NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
McCALL, IDAHO, that $68,814 of the allowable foregone amount from prior fiscal years be
recovered and appropriated for Fiscal Year 2022 for maintenance and operations.
PASSED AND APPROVED BY THE MAYOR AND THE CITY COUNCIL of the City
of McCall, Valley County, Idaho, this 12 day of August 2021.
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Valley County, Idaho
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•" a Robert S. Giles, Mayor
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