Details for JEROME COUNTY CLERK - Ad from 2019-07-19

LEGAL NOTICE
Notice of Public Hearing
Jerome County Urban Renewal Agency
Proposed Budget for Fiscal Year 2020
A public hearing for consideration of the proposed Urban Renewal Project budget for the fiscal
year that begins October 1, 2019, and ends September 30, 2019, will be held at the Jerome County
Courthouse, 300 N Lincoln, Jerome, Idaho on August 1, 2019, at 1:00 p.m., pursuant to Idaho Code
50-1002. Written or oral comments about the proposed budget are welcome. Written comment may
be submitted prior to the meeting to: Jerome County Urban Renewal Agency, c/o Outwest Policy
Advisors 76 S 222 W Burley, ID 83318.
The Agency budget funds the programs, services, and capital projects that the Agency Board
and the City Council have determined to be important to meet the Agency’s strategic goals.
This public hearing on the proposed budget is required for formal adoption of the FY2020
budget. The proposed expenditures and revenues for FY2020 have been tentatively approved by
the Jerome County Urban Renewal Agency Board of Directors on July 11, 2019.
The Courthouse is accessible to persons with disabilities.
FY2018
FY2019
FY2019
FY2020
BUDGET
ACTUAL
BUDGET
ACTUAL1
REVENUE:
CASH CARRY FORWARD
34,316
13,650
43,097
48,374
TAX INCREMENT REVENUE
128,042
131,808
109,348
213,200
OTHER REVENUE
DEVELOPER, SECOND AREA
DEVELOPER, THIRD AREA
TOTAL
162,358
145,458
152,445
261,574
EXPENDITURES:
OPERATING
PROFESSIONAL SERVICES
AUDIT/BOOKKEEPING SERVICES
2500
3,000
3.000
3,000
LEGAL EXPENSE
8,370
10,000
3.117
10,000
CONSULTANT FEES
0
10,000
0
10,000
ADMINISTRATIVE SERVICES
2,854
4,000
3,841
4,000
DUES
1,318
850
850
PUBLICATION
367
1,000
63
1,000
LIABILITY INSURANCE
1,201
1359
1,349
1,443
OFFICE/MISC. EXPENSE
60
250
45
250
REIMBURSEMENT – COUNTY
103,577
98,856
91,806
159,900
REIMBURSEMENT – ABC AGRA, LLC
DEVELOPER
TOTAL OPERATING CAPITAL EXPENSE
119,261
129,783
104,071
190,443
1 – Actual Revenues and Expenditures reported as of June 30, 2018. Additional revenues will be
received and additional expenses will be incurred prior to the end of the fiscal year.
PUBLISH: July 19 and 26, 2019

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