HomeMy Public PortalAboutAB 23-180 Resolution to Levy Forgone Public HearingMcCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 23-180
Meeting Date August 24, 2023
AGENDA ITEM INFORMATION
SUBJECT:
Request to Adopt Resolution to Recover Forgone Property Tax Amount of $76,030 for Fiscal Year 2024 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:
$76,030
Parks and Recreation
FUNDING SOURCE:
Forgone Property Taxes
Airport
Library
TIMELINE:
Adopt Resolution to Recover Forgone Property Tax Amount on August 24, 2023
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
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 FY24 Budget work session held August 4, 2023, the Council set a tentative budget in the amount of $44,133,731 that includes the maximum allowed 3% increase of
$217,531 plus new construction and annexation of $134,432, and $76,030 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 Property Tax Amount for Fiscal Year 2024 for Maintenance and Operations at the conclusion
of the public hearing.
Attachment:
1. Draft Resolution
RECOMMENDED ACTION:
Conduct the Public Hearing
Adopt Resolution 23-15 recovering $76,030 of the forgone property tax amount for Fiscal Year 2024 for Maintenance and Operations as described in Idaho Code §63-802 and authorize the
Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION
August 4, 2023
Council set the tentative budget in the amount of $44,133,731 which included the intent to take $76,030 of forgone property taxes