NOTICE: City of Idaho City Public Hearing on Proposed FY 2025/2026 Budget
8/27/2025
NOTICE OF PUBLIC HEARING ON PROPOSED FY 2025/2026 BUDGET
CITY OF IDAHO CITY, IDAHO
A public hearing, pursuant to Idaho Code 50-1002, will be held for consideration of the proposed budget for the fiscal year from October 1, 2025, to September 30, 2026 and pursuant to Idaho Code §63-802(1)(f) requires that the City adopt an annual resolution to reserve additional forgone amount in order to utilize that amount in subsequent years; and, WHEREAS, the City intends to reserve $7,456 of its current year’s increase in allowable forgone amount. The public hearing will be held at City Hall, 511 Main Street, Idaho City, ID during a Regular Council Meeting on August 27, 2025, at 6:00 PM. All interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted. Copies of the proposed City budget in detail are available at City Hall during regular office hours (Monday – Thursday 8AM – 4:30PM.) City Hall is accessible to persons with disabilities. Anyone desiring accommodations for disabilities related to the documents or to the hearing, please contact the city clerk, 392-4584 at least 48 hours prior to the meeting/public hearing. The proposed FY 2025/2026 budget is shown below as FY 2025/2026 proposed expenditures and revenues.
CITY OF IDAHO CITY |
FY 22/23 |
FY 22/23 |
FY 23/24 |
FY 23/24 |
FY 24/25 |
FY 24/25 |
FY 25/26 |
|
BUDGETED |
ACTUAL |
BUDGETED |
ATD 8-01-24 |
BUDGETED |
ATD 8-01-25 |
PROPOSED |
REVENUES |
|||||||
Property Taxes |
$101,929 |
$72,538 |
$108,647 |
$99,515 |
$138,781 |
$129,213 |
$151,650 |
Taxes and Court Revenue |
$54,110 |
$4,911 |
$22,375 |
$6,395 |
$16,375 |
$5,675 |
$16,866 |
Licenses and Permits |
$30,702 |
$44,000 |
$36,159 |
$19,015 |
$22,978 |
$8,180 |
$23,432 |
Intergovernmental Revenues |
$150,456 |
$101,554 |
$149,659 |
$92,815 |
$135,589 |
$49,278 |
$116,750 |
Charges for Services |
$13,275 |
$5,900 |
$11,325 |
$1,371 |
$7,425 |
$6,120 |
$7,660 |
Miscellaneous |
$12,820 |
$2,346 |
$48,747 |
$1,445 |
$536 |
$1,963 |
$1,855 |
Special Assessment Financing |
$59,960 |
$7,547 |
$10,147 |
$9,784 |
$12,693 |
$13,034 |
$14,264 |
Other Financing Sources |
$14,825 |
$9,381 |
$2,500 |
$2,500 |
$2,500 |
$3,056 |
$3,500 |
TOTAL General Fund |
$438,077 |
$248,177 |
$389,559 |
$232,840 |
$336,877 |
$216,519 |
$335,977 |
STREET FUND |
|||||||
Boise County-Property Taxes |
$49,309 |
$34,036 |
$50,475 |
$51,556 |
$26,435 |
$25,414 |
$28,886 |
Intergovernmental Revenues |
$22,868 |
$28,858 |
$37,692 |
$51,660 |
$45,258 |
$39,489 |
$43,788 |
Other Financing Sources |
$0 |
$356 |
$7,845 |
$4,443 |
$7,845 |
$10,327 |
$13,639 |
TOTAL Street Fund |
$72,177 |
$63,250 |
$96,012 |
$107,659 |
$79,538 |
$75,230 |
$86,313 |
SEWER FUND |
|||||||
Charges for Services |
$193,179 |
$142,850 |
$215,226 |
$130,350 |
$238,040 |
$179,584 |
$242,320 |
Other Financing Sources |
$50 |
$3,841 |
$3,000 |
$4,403 |
$5,000 |
$2,993 |
$4,000 |
TOTAL Sewer Fund |
$193,229 |
$146,690 |
$218,226 |
$134,753 |
$243,040 |
$182,577 |
$246,320 |
WATER FUND |
|||||||
Charges for Services |
$317,260 |
$289,591 |
$370,278 |
$229,953 |
$371,282 |
$300,451 |
$372,313 |
Miscellaneous |
$400 |
$10,780 |
$17,754 |
$15,747 |
$8,075 |
$3,908 |
$4,000 |
DEQ GRANT DW2405LF 23/24 |
$50,000 |
$22,398 |
$2,450,000 |
$130,546 |
$3,085,428 |
$188,559 |
$2,876,154 |
TOTAL Water Fund |
$367,660 |
$322,769 |
$2,838,032 |
$376,246 |
$3,464,785 |
$492,918 |
$3,252,467 |
DEQ Water Bond DW1104/ Repayment starting 23/24 |
$0 |
$0 |
$0 |
$80,000 |
$80,000 |
$56,950 |
$80,000 |
GRAND TOTAL Revenue |
$1,071,143 |
$780,887 |
$3,541,829 |
$931,499 |
$4,204,240 |
$1,024,194 |
$4,001,077 |
EXPENDITURES |
|||||||
General Administration |
$162,936 |
$107,344 |
$182,061 |
$94,122 |
$124,372 |
$98,184 |
$137,948 |
Public Safety - Law Enforcement |
$275,141 |
$188,265 |
$207,498 |
$159,935 |
$212,505 |
$162,100 |
$198,029 |
Total General Fund |
$438,077 |
$295,609 |
$389,559 |
$254,057 |
$336,877 |
$260,284 |
$335,977 |
Street Fund |
$72,177 |
$67,448 |
$96,012 |
$80,884 |
$79,538 |
$62,374 |
$86,313 |
Sewer Fund |
$193,229 |
$137,796 |
$218,226 |
$170,403 |
$243,040 |
$209,967 |
$246,320 |
Water Fund |
$367,660 |
$404,067 |
$388,032 |
$315,846 |
$379,357 |
$397,950 |
$375,953 |
DEQ GRANT DW2405LF 23/24 |
|
|
$2,450,000 |
$130,546 |
$3,085,428 |
$2,896,869 |
$2,876,514 |
DEQ Water Bond DW1104/ Repayment starting 23/24 |
$0 |
|
|
$80,000 |
$80,000 |
$80,000 |
$80,000 |
Total Other Fund Expenditures |
$633,066 |
$609,311 |
$3,152,270 |
$777,679 |
$3,867,363 |
$3,647,160 |
$3,665,100 |
Grand Total All Expenditures |
$1,071,143 |
$904,920 |
$3,541,829 |
$1,031,736 |
$4,204,240 |
$3,907,444 |
$4,001,077 |
The proposed expenditures and revenues for fiscal year 2025/2026 have been tentatively approved by the City Council. Publication dates for the notice of Public Hearing are August 13, 2025, and August 20, 2025, in the Idaho World.
Nancy L. Ptak
City Clerk-Treasurer