HomeMy Public PortalAboutAgenda_CCWorkMeeting_08291996NOTICE OF PUBLIC HEARING
PROPOSED BUDGET FOR FISCAL YEAR 1996-1997
CITY OF IONA, IDAHO
Notice is hereby given that the City Council of the City of Iona, Idaho will hold a public hearing for consideration of
the proposed budget for the fiscal period October 1, 1996 - September 30, 1997 pursuant to the provisions of Section
50-1002, IC., said hearing to be held at City Hall, Iona, Idaho at 7:00 p.m., on August 29, 1996. At said hearing all
interested persons may appear and show cause, if any they have, why said proposed budget should not be adopted. The
proposed FY 96-76 budget is shown below as FY 96-97 proposed expenditures and revenues.
PROPOSED EXPENDITURES
FY 94-95 FY 95-96 FY 96-97
Actual Budget Proposed
Fund Name Expenditures Expenditures Expenditures
GENERAL $226,555 $169,221 $152,850
WATER 99,000 93,400 113,662
EQUIPMENT REPLACEMENT 15,642 21,642 20,642
RECREATION 6.650 8.850 18.500
TOTAL PROPOSED EXPENSE 347,847 293,113 305,654
PROPOSED REVENUES
FY 94-95 FY 95-96 FY 96-97
Actual Budget Proposed
Fund Name Revenues Revenues Revenues
REVENUE FROM TAX LEVY
GENERAL 19.500 18.996 20.301
TOTAL TAX LEVY 19,500 18,996 20,301
PAYMENTS FROM STATE 70,850 71,000 74,500
FRANCHISES 15,350 15,450 15,600
LICENSES 125 175 150
GRANTS 100,380 30,000 20,000
CASH CARRYOVER 13,000 10,000 9,300
GENERAL FUND (OTHER) 7,350 23,600 12,999
EQUIPMENT REPLACEMENT FD 15,642 21,642 20,642
WATER FUND 99,000 93,400 113,662
RECREATION FD 6.650 8.850 18.500
TOTAL REVENUES $347,847 $293,113 $305,654
I, Ronald H Nelson, City Clerk of the City of Iona, Idaho certify that the above is a true and correct 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 1996-1997; all of which have been tentatively approved by the City Council on July 25, 1996 and entered
in length in the Journal of Proceedings.
Dated this 8th day of August, 1996.
Ronald H Nelson, City Clerk
Pub. August 21 st and August 28th, 1996