HomeMy Public PortalAboutAB 21-204 Resolution to Levy Forgone Public HearingMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 21-204
Meeting Date August 12, 2021
AGENDA ITEM INFORMATION
SUBJECT:
Request to Approve Resolution 21-28 to Recover Forgone Amount of $68,814 for Fiscal Year 2022 for Maintenance and Operations
Public Hearing
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
$68,814
Parks and Recreation
FUNDING SOURCE:
Forgone Amount
Airport
Library
TIMELINE:
Adopt Resolution to Recover Forgone Amount on August 12, 2021
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
Beginning July 1, 2020 HB 354, passed by the 2020 State Legislature, requires cities to pass a resolution each year to recover forgone property tax levying authority.
The process to pass the forgone recovery resolution is the same as the process for the city budget and can be done at the same time. Both hearing notices, the hearing for forgone recovery
and the city budget, must be published in the official newspaper twice seven days apart and can be done together.
At the conclusion of the FY22 Budget work session held July 29, 2021, the Council set a tentative budget in the amount of $35,615,364 that includes the maximum allowed 3% increase of
$194,018 plus new construction and annexation of $220,071, and $68,814 of the forgone amount for maintenance and operations. The Council may elect to recover the Forgone Amount for
maintenance and operations by formally adopting the attached Resolution to Recover Forgone Amount for Fiscal Year 2022 for Maintenance and Operations at the conclusion of the public
hearing.
RECOMMENDED ACTION:
Conduct the Public Hearing
Either:
Adopt Resolution 21-28 recovering $68,814 of the forgone amount for Fiscal Year 2022 for Maintenance and Operations as described in Idaho Code §63-802 and authorize the Mayor to sign
all necessary documents.
OR
Do not adopt the forgone recovery resolution to Recover Forgone Amount for Fiscal Year 2022 for Maintenance and Operations.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
July 29, 2021
Council set the tentative budget in the amount of $35,615,364 which included the intent to take $68,814 of forgone