Details for JEROME COUNTY CLERK - Ad from 2020-07-29

LEGAL NOTICE
Notice of Public Hearing
Jerome County Urban Renewal Agency
Proposed Budget for Fiscal Year 2021
A public hearing for consideration of the proposed Urban Renewal Project budget for the
fiscal year that begins October 1, 2020, and ends September 30, 2021, will be held at the Jerome
County Courthouse, 300 N Lincoln, Jerome, Idaho on August 13, 2020, 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 FY2021
budget. The proposed expenditures and revenues for FY2021 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.
FY2019
FY2020
FY2020
FY2021
BUDGET
ACTUAL
BUDGET
ACTUAL1
REVENUE:
CASH CARRY FORWARD
59,052
73,935
64,093
65,996
TAX INCREMENT REVENUE
124,855
213,200
128,678
180,618
OTHER REVENUE
DEVELOPER, CROSSROADS POINT PHASE 2
20,000
DEVELOPER, THIRD AREA
TOTAL
183,907
261,574
212,771
246,614
EXPENDITURES:
OPERATING
PROFESSIONAL SERVICES
AUDIT/BOOKKEEPING SERVICES
3.000
3,000
4,500
LEGAL EXPENSE
4,770
10,000
14,020
10,000
CONSULTANT FEES
1,059
10,000
13,872
10,000
ADMINISTRATIVE SERVICES
4,919
4,000
4,107
4,000
DUES
850
850
950
450
PUBLICATION
324
1,000
3,579
1,500
LIABILITY INSURANCE
1,349
1,443
1,443
1,546
OFFICE/MISC. EXPENSE
60
250
50
250
REIMBURSEMENT – COUNTY
93,641
159,900
95,418
135,464
REIMBURSEMENT – ABC AGRA, LLC
DEVELOPER
TOTAL OPERATING CAPITAL EXPENSE
109,972
190,443
133,439
167,710
1 – Actual Revenues and Expenditures reported as of June 30, 2020. Additional revenues will be
received and additional expenses will be incurred prior to the end of the fiscal year.
PUBLISH: July 29 and August 5, 2020

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