HomeMy WebLinkAboutURA RES 2016-34 RESOLUTION NO. 2016-34
A RESOLUTION OF JIM UI'MAN' RENEWAL AGENCY OF THE CITY 0' '
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CALDWELL, IDA140 APPROVINGTRE BUDGETFOR FISCAL NVEAR BE(,',;1NN1NG
ocrOBER 1,2016.
Ti-lis ,f�-F"SOI..,'(-,J"I"ION 1'sn"iLade on, the date hereinafter setti) LJrban Renewal
Agency of the Gity of' Caldwell, Idaho an independelit ublic bo,d corporate and polltic
authorized under the aLithorlty' of tlie Ichilho (Jrban Renewal -Agency Law of 1965, as atnended,
Chapter 20, '1,-'I,tl:e 50, Idaho Code, a. duly crea,t'ed i1inction.ing Urbarl RetiewaI Agency 1.,"or
Caldwell', Idaho�, hereinafter referred to as the "Agency'';"cand
W14EREAS,, pursuant to Who (',"ode §50-1002, t1lie Caldwell a Renewal Agency
held a public hearing on AUgUst 22, 2016 1`6t, consideration of the,1-14"Y-2011 7budget'-, and
I
WIIEREAS, the FY-2017 budget arnOLLI'AS tO $13,519,795 (R-evellUe to i,.iieet
Expendittwes),,
A
NOW, '1J]ERE140R.E. BE 14" R.ESOLXED RY 14-1E BOARD OF C(-')MM1SS10'N' 1-.','R,S
OF'111E 'URBAN RENEWAL AG"ENCY OF 11 1E CITY 01- CALDWELLJ, IDA11O.-
Section 1. 7"o approve the FY-2017 Budget ilor the fiscal year' beginn,ing October 1,
2016, a,cop "'wh,1c11 is attached,as Exhibit A and i-neor I e
porated by th s rer rence.
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ADOPUD ANI) APPROVE f-IIS 12"' day of September, 2016.,
I 1AIRMAN
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Notice of Public Hearing
Proposed Budget for Fiscal Year October 2016-September 2017(FY-2017)
Urban Renewal Agency of the City of Caldwell Idaho
FY 2014 FY 2015 FY 2016 FY 2017
Actual Actual Budget Proposed
FUND Expenditures Expenditures Expenditures Expenditures
General Fund $ 14,420,093 $ 61983,034 $ 1 1,695,960 $ 13,519,795
FY 2014 FY 2015 FY 2016 FY 2017
Actual Non- Actual Dion- Budget Non- Proposed Non-
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 1,0655487 $ 642,914 $ 5,746,490 $ 611899504
FY 2014 FY 2015 FY 2016 FY 2017
Actual Actual Budget Proposed
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 51681,011 $ 6,2881,114 $ 613679597 $ 698191048
TOTAL All Revenue 6,746,098 699311028 1291144)087 1350089552
* Use of Fund Balance,R.E.
or Balance Sheet Changes (79673,995} (529007) 4185127 (5119244)
Revenue to meet Expenditures $ 149420,093 $ 6,9839034 $ 119695,960 $ 1395199795