HomeMy WebLinkAboutURA RES 2025-16--FY2026 BudgetRESOLUTION NO. v' 0 4 �- (!P
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF
CALDWELL, IDAHO APPROVING THE BUDGET FOR FISCAL YEAR BEGINNING
OCTOBER 1, 2025.
THIS RESOLUTION is made on the date hereinafter set forth by the Urban Renewal
Agency of the City of Caldwell, Idaho an independent public body corporate and politic,
authorized under the authority of the Idaho Urban Renewal Agency Law of 1965, as amended,
Chapter 20, Title 50, Idaho Code, a duly created and functioning Urban Renewal Agency for
Caldwell, Idaho, hereinafter referred to as the "Agency;" and
WHEREAS, pursuant to Idaho Code §50-1002, the Caldwell Urban Renewal Agency held
a public hearing on August 11, 2025 for consideration of the FY-2026 budget; and
WHEREAS, the FY-2026 budget amounts to $1,331,448 expenditures;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO:
Section 1. To approve the FY-2026 Budget for the fiscal year beginning October 1,
2025, a copy of which is attached as Exhibit A and incorporated by this reference.
ADOPTED AND APPROVED THIS I 1 th day of August 2025.
ATTEST:
SEAL
an'* ON
I1110�\
Caldwell Urban Renewal Agency FY2026 Budget
Revenue
FY2024Actuals
FY2025 Budget
FY2026 Budget
NURA Increment
83,886
92,500
157,200
EURA Increment
176,766
-
-
SITE A
535
MISC. Rev
43
Interest
114,674
12,000
5,000
LGIP Interest
42,370
24,000
30,000
417,740
128,500
192,735
Expense
Actuals
Budget
Budget
Audit
16,100
17,300
18,600
Econ Development
226,800
226,800
213,753
Admin Service
8,400
8,400
154,700
Attorney
77,220
81,600
88,800
ICRMP
12,854
15,425
3,895
Professional Svcs
(175)
Irrigation Assessment
335
500
Advertising
280
200
General Operation Supplies
941
1,000
EURA Special Projects
3,530,003
1,500,000
750,000
NURA Special Projects
-
50,000
100,000
3,872,757
1,899,525
1,331,448
CASH
FY2024 09/30/24
FY2025 6/30/25
Est FY202610/01/2025
Est FY2026 09/30/26
Operating
4,290,995.95
2,905,152.87
2,459,682.77
1,233,234.77
Surety Bonds -Reserved
25,000.00
40,791.00
40,791.00
40,791.00
EURA
-
4,091.50
-
NURA
138,905.23
250,775.90
251,275.90
308,475.90
SITE A
534.99
LGIP
818,055.72
846,974.31
855,974.31
885,974.31
5,272,956.90
4,047,785.58
3,607,723.98
2,469,010.97