Loading...
HomeMy WebLinkAboutORD 3625ORDINANCE NO.3625 BILL NO.64 AN ORDINANCE ENTITLED APPROPRIATION ORDINANCE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 APPROPRIATING THE SUM OF $168,440,139 TO DEFAY THE EXPENSE AND LIABILITIES OF THE CITY OF CALDWELL, IDAHO, FOR SAID FISCAL YEAR, AUTHORIZING A LEVY OF SUFFICIENT TAX UPON THE TAXABLE PROPERTY AND SPECIFYING THE OBJECTS AND PURPOSES FOR WHICH SAID APPROPRIATIONS IS MADE. BE IT ORDAINED by the Mayor and Council of the City of Caldwell, County of Canyon, State of Idaho: Section 1. That the sum of $168,440,139 and the same is appropriated to defray the necessary expenses and liabilities of the City of Caldwell, Canyon County, Idaho, for the fiscal year beginning October 1, 2024. FUND FY 2025 Appropriated Expenditures General Fund $45,721,064 Caldwell Events Ctr Fund 481,918 Library Fund 2,053,666 Street Fund 24,469,789 Airport Fund 1,214,972 Recreation & Parks Fund 3,778,074 CDBG/HUD Fund 1,133,537 American Recovery Fund Plan Act Fund 8,621,018 Parking Fund 445,189 Cemetery Fund 445,101 Cemetery Capital Imp Fund 140,000 Cemetery Perpetual Care Fund Economic Development 361,390 2024 GO Fire Bond 1,390,555 Local Improvement Dist 136,000 Capital Improvement Fund 1,212,579 Capital Reserve Fire (GF) 877,500 Park Impact Fee Fund 4,252,000 Police Impact Fee Fund 120,250 Fire Impact Fee Fund 465,100 Ord. 3625 — Page 1 Transportation Impact Fee 0 Capital Maintenance 11,609 Capital Reserve Police (GF) 1,054,000 Golf Fund 1,887,767 Water Fund 15,571,460 Sewer Fund 33,141,712 Sanitation Fund 7,305,695 Electrical Fund 1,722,994 Irrigation Fund 2,661,190 Employee Health Care Plan Trust 7,000,000 HRA VEBA 69,000 Other Insurance Plans 191,510 Employee Flex Fund 153,500 Business Improvement District Fund 350,000 Total Expenditures $168,440,139 Section 2. The object and purposes for which such appropriation is made and the amount of each object and purpose is as follows: FUND FY 2025 Appropriated Non- Property Tax Revenue General Fund $23,038,877 Caldwell Events Ctr Fund 481,784 Library Fund 642,798 Street Fund 10,261,564 Airport Fund 814,054 Recreation & Parks Fund 2,498,222 CDBG/HUD Fund 1,221,577 American Recovery Fund Plan Act Fund 8,621,018 Parking Fund 445,199 Cemetery Fund 192,400 Cemetery Capital Imp Fund 19,050 Cemetery Perpetual Care Fund 32,200 Economic Development 227,800 2024 GO Fire Bond 0 Local Improvement Dist 146,000 Ord. 3625 — Page 2 Capital Improvement Fund 96,835 Capital Reserves Fire 206,600 Park Impact Fee Fund 2,451,200 Police Impact Fee Fund 213,180 Fire Impact Fee Fund 1,436,500 Transportation Impact Fee 1,000,000 Capital Maintenance 40,259 Capital Reserve Police (GF) 1,000,000 Golf Fund 2,066,300 Water Fund 12,603,404 Sewer Fund 19,123,780 Sanitation Fund 7,242,439 Street Lighting Fund 1,271,315 Irrigation Fund 2,545,491 Employee Health Care Plan Trust 7,169,860 HRA VEBA 206,000 Other Insurance Plans 191,500 Employee Flex Fund 150,000 Business Improvement District Fund 350,000 Total Other Revenue FUND $108,007,206 FY2025 Appropriated Property Tax Revenue General Fund $22,161,837 Library Fund 1,396,311 Street Fund 3,166,855 Airport Fund 428,970 Recreation & Parks Fund 1,027,801 Cemetery Fund 184,256 Capital Imp Fund 713,990 2024 GO Fire Bond 890,555 Total Property Tax Revenue $29,970,575 Ord. 3625 — Page 3 TOTAL ALL Revenue Use of Fund Balance, R.E. or Balance Sheet Changes Revenue to Meet all Expenditures $137,977,781 $30,462,358 $168,440,139 Section 3. That a general tax levy on all taxable property within the City of Caldwell 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 Press Tribune, the official newspaper of said City. PASSED BY THE COUNCIL OF THE CITY OF CALDWELL, IDAHO, this 20' day of August, 2024. APPROVED BY THE MAYOR OF THE CITY OF CALDWELL, IDAHO, this 20th day of August, 2024. ATTEST: Mayor Jarom Wagoner City Clerk Ord. 3625 — Page 4