HomeMy WebLinkAboutURA RES 2020-35 RESOLUTION NO. 2020-'35;
A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF
CALDWELL, IDAHO APPROVING THE BUDGET FOR FISCAL YEAR BEGINNING
OCTOBER 1, 2020.
V,
TI11S RESOL[JTION 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 wider 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 fbi-
Caldwell, Idaho, hereinafter referred to as the "Agency;" and
WITEREAS, pursuant to Idaho Code §50-1002, the Caldwell t.Jrban Renewal Agency
held public hearing on August I O, 2020 for consideration of the FY-2021 budget; and
WHEREAS, the FY-2021 budget amounts to $20,240,835 (Revenue to meet
Expenditures);
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF TIIE URBAN RENEWAL AGENCY OFTIJE CITY OF CALDWELL,, IDAHO:
Section 1. To approve the FY-2021 Budget for the fiscal year beginning October 1,
2020, a copy of which is attached as Exhibit A and incorporated by this reference.
ADOPTED AND APPROVEDTIAS, 10" day of August 2020.
U14AIRMAN
ATTEST:
I 0'AL4
v SECRETARY 14C
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Notice of Public Hearing
Proposed Budget for Fiscal Year October 2020-September 21 (FY-2021)
Urban Renewal Agency of the City of Caldwell Idaho
A public hearing,pursuant to Idaho Code 50-1002,for consideration of the proposed budget
for the fiscal year that begins October 1,2020,and ends September 30,2021,will be held in the Community
Meeting Room,in the Caldwell Police Station 110 5th Ave.,Caldwell,Idaho,at 7.00 p.m.on August 10,2020.
Comments,written or otherwise,about the proposed budget are welcome. Copies of the proposed FY-2021
Urban Renewal Budget(in detail)are available at City Hall from 8:00 am.to 5:00 p.m,weekdays.
City Hall is accessible to persons with disabilities. Anyone desiring accommodations for disabilities
related to the budget documents or to the hearing,please contact the Office of the City Clerk,
(208)455-3000,at least 48 hours prior to the public hearing.
FY 2018 FY 2019 FY 2020 FY 2021
Actual Actual Budget Proposed
FUND Expenditures Expenditures Expenditures Expenditures
General Fund $ 12,213,673 $ 6,423,528 $ 8,418,663 $ 20,240,835
FY 2018 FY 2019 FY 2020 FY 2021
Actual Non- Actual Non- Budget Non- Proposed Non-
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 9,510,555 $ 2,200,478 $ 115,705 $ 778,480
FY 2018 FY 2019 FY 2020 FY 2021
Actual Actual Budget Proposed
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 7,864,839 $ 8,984,217 $ 8,584,965 $ 10,253,693
TOTAL All Revenue 17,375,394 11,184,695 8,700,670 11,032,173
* Use of Fund Balance, R.E.
or Balance Sheet Changes 5,161,721 4,761,167 282,007 (9,208,662)
Revenue to meet Expenditures $ 12,213,673 $ 6,423,528 $ 8,418,663 $ 20,240,835
],Debbie Geyer,City Clerk of the City of Caldwell,Idaho,do hereby certify that the above
is a true and correct statement of the proposed expenditures and revenues for fiscal year 2021,
all of which have been tentatively approved and entered at length in the Minutes of the
Agency. I further certify that the Urban Renewal Agency of the City of Caldwell,Idaho,
did give notice for said hearing with notice having been published twice at least seven days apart
prior to the adoption of the budget by the Board of Commissioners. Citizens are invited to attend the budget
hearing on August 10,2020,at 7:00 p.m.and have the right to provide written or oral comments .A
concerning the entire budget. A copy of the proposed Urban Renewal Agency budget(in detail)is available at
City Hall for inspection during regular office hours,8 am.to 5 p.m.
Publication Dates: July 26&August 2,2020