FY 2024-2025 Annual Appropriation
ORDINANCE NO. 387
ANNUAL APPROPRIATION ORDINANCE
FOR FISCAL YEAR 2024-2025
AN ORDINANCE ENTITLED THE ANNUAL APPROPRIATION ORDINANCE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, APPROPRIATING THE SUM OF $4,204,240 TO DEFRAY THE EXPENSES AND LIABILITIES OF THE CITY OF IDAHO CITY FOR SAID FISCAL YEAR, AUTHORIZING A LEVY OF A SUFFICIENT TAX UPON THE TAXABLE PROPERTY AND SPECIFYING THE OBJECTS AND PURPOSES FOR WHICH SAID APPROPRIATION IS MADE.
BE IT ORDAINED by the Mayor and City Council of the City of Idaho City, Boise County, Idaho.
SECTION 1. That the sum of $4,204,420 be, and the same is appropriated to defray the necessary expenses and liabilities of the City of Idaho City, Boise County, Idaho for the fiscal year beginning October 1, 2024.
SECTION 2. The objects and purposes for which such appropriation is made, and the amount of each object and purpose is as follows:
CITY OF IDAHO CITY | FY 21/22 | FY 21/22 | FY 22/23 | FY 22/23 | FY 23/24 | FY 23/24 | FY 24/25
| BUDGETED | ACTUAL | BUDGETED | ACTUAL | BUDGETED | ATD 8-01-24 | APPROVED
REVENUES
Property Taxes | $97,287 | $99,689 | $101,929 | $72,538 | $108,647 | $99,515 | $138,781 Taxes and Court Revenue | $6,539 | $5,694 | $54,110 | $4,911 | $22,375 | $6,395 | $16,375 Licenses and Permits | $21,775 | $38,095 | $30,702 | $44,000 | $36,159 | $19,015 | $22,978 Intergovernmental Revenues | $180,924 | $76,225 | $150,456 | $101,554 | $149,659 | $92,815 | $135,589 Charges for Services | $5,025 | $5,825 | $13,275 | $5,900 | $11,325 | $1,371 | $7,425 Miscellaneous | $12,747 | $50,259 | $12,820 | $2,346 | $48,747 | $1,445 | $536 Special Assessment Financing | $57,651 | $7,010 | $59,960 | $7,547 | $10,147 | $9,784 | $12,693 Other Financing Sources | $11,825 | $8,365 | $14,825 | $9,381 | $2,500 | $2,500 | $2,500 TOTAL General Fund | $393,773 | $291,163 | $438,077 | $248,177 | $389,559 | $232,840 | $336,877
STREET FUND
Boise County-Property Taxes | $47,156 | $47,951 | $49,309 | $34,036 | $50,475 | $51,556 | $26,435 Intergovernmental Revenues | $22,164 | $29,542 | $22,868 | $28,858 | $37,692 | $51,660 | $45,258 Other Financing Sources | $0 | $16 | $0 | $356 | $7,845 | $4,443 | $7,845 TOTAL Street Fund | $69,320 | $77,509 | $72,177 | $63,250 | $96,012 | $107,659 | $79,538
SEWER FUND
Charges for Services | $184,213 | $149,582 | $193,179 | $142,850 | $215,226 | $130,350 | $238,040 Other Financing Sources | $0 | $175 | $50 | $3,841 | $3,000 | $4,403 | $5,000 TOTAL Sewer Fund | $184,213 | $149,756 | $193,229 | $146,690 | $218,226 | $134,753 | $243,040
WATER FUND
Charges for Services | $307,922 | $286,868 | $317,260 | $289,591 | $370,278 | $229,953 | $371,282 Miscellaneous | $0 | $492 | $400 | $10,780 | $17,754 | $15,747 | $8,075
DEQ GRANT DW2405LF 23/24 | $300,000 | $291,513 | $50,000 | $22,398 | $2,450,000 | $130,546 | $3,085,428
TOTAL Water Fund | $607,922 | $578,873 | $367,660 | $322,769 | $2,838,032 | $376,246 | $3,464,785 DEQ Water Bond DW1104/ Repayment starting 23/24 | $63,400 | $63,400 | $0 | $0 | $0 | $80,000 | $80,000
GRAND TOTAL Revenue | $1,318,628 | $1,160,702 | $1,071,143 | $780,887 | $3,541,829 | $931,499 | $4,204,240
EXPENDITURES
General Administration | $168,429 | $122,374 | $162,936 | $107,344 | $182,061 | $94,122 | $124,372 Public Safety - Law Enforcement | $225,344 | $178,007 | $275,141 | $188,265 | $207,498 | $159,935 | $212,505 Total General Fund | $393,773 | $300,381 | $438,077 | $295,609 | $389,559 | $254,057 | $336,877 Street Fund | $69,320 | $42,894 | $72,177 | $67,448 | $96,012 | $80,884 | $79,538 Sewer Fund | $184,213 | $108,338 | $193,229 | $137,796 | $218,226 | $170,403 | $243,040 Water Fund | $607,922 | $524,664 | $367,660 | $404,067 | $388,032 | $315,846 | $379,357
DEQ GRANT DW2405LF 23/24 | | | | | $2,450,000 | $130,546 | $3,085,428
DEQ Water Bond DW1104/ Repayment starting 23/24 | $63,400 | | $0 | | | $80,000 | $80,000 Total Other Fund Expenditures | $924,855 | $675,896 | $633,066 | $609,311 | $3,152,270 | $777,679 | $3,867,363 Grand Total All Expenditures | $1,318,628 | $976,277 | $1,071,143 | $904,920 | $3,541,829 | $1,031,736 | $4,204,240
SECTION 3. That a general tax levy on all taxable property within the City of Idaho City be levied in an amount allowed by law for the general purposes for said City, for the fiscal year beginning October 1, 2024.
SECTION 4. All ordinances and parts of ordinances in conflict with this ordinance are hereby repealed.
SECTION 5. This ordinance shall take effect and be in full force upon its passage, approval and publication in one issue of The Idaho World, a newspaper of general circulation in the City of Idaho City, and the official newspaper of said City.
PASSED BY THE COUNCIL of the City of Idaho City this 28th day of August, 2024.
APPROVED BY THE MAYOR OF the City of Idaho City this 28th day of August, 2024.
Publish in The Idaho World September 4th, 2024.
Ken Everhart, Mayor
ATTEST:
Nancy L. Ptak, City Clerk-Treasurer