Saturday, May 18, 2024
54.0°F

Legals for December, 30 2023

| December 30, 2023 12:00 AM

ON DECEMBER 14, 2023 THE GARFIELD BAY WATER & SEWER DISTRICT BOARD OF DIRECTORS PROPOSED AN ANNUAL BUDGET FOR THE FISCAL YEAR BEGINNING December 1, 2024. THE BOARD WILL EXPLAIN THE PROPOSED BUDGET AND HEAR ANY AND ALL OBJECTIONS, THERETO, AT A PUBLIC HEARING WHICH WILL BE AT 6:30PM ON JANUARY 9, 2024, AT 1585 GARFIELD BAY CUT OFF ROAD, SAGLE IDAHO. THE BUDGET MAY BE EXAMINED AT REGULAR BUSINESS HOURS (4:00 PM - 8:00PM) AT 1649 GARFIELD BAY ROAD. (Friday- Saturday) IC-Chapter 32 Title 42 There is a proposed increase of $3.00 In addition to an expansion Fee of $5.00 2021 2021 2021 2024    Proposed Actual Revised    Proposed 12/1/20-11/30/21 12/1/18-11/30/19 12/1/18-11/30/19 12/1/22-11/30/23 INCOME CONNECTION FEES $ -   $ -   $ -   $ -   USER FEES/Revenue $ 159,242.40 $ 176,562.00 $ 176,562.00 $ 192,352.99  UNEXPECTED REVENUE $ -   $ 18,460.00 $ 18,460.00 $ -   GRANT $ -   $ 5,392.00 $ 5,392.00 $ -   TOTAL INCOME $ 159,242.40 $ 200,414.00 $ 200,414.00 $ 192,352.99  EXPENSES PROFESSIONAL FEES $ 14,300.00 $ 3,331.00 $ 3,331.00 $ 20,650.00  UTILITIES $ 5,800.00 $ 5,296.00 $ 5,296.00 $ 6,500.00  INSURANCE $ 1,650.00 $ 1,561.00 $ 1,561.00 $ 2,483.00  MAINTENANCE DEPT. $ 85,770.00 $ 90,146.00 $ 90,146.00 $ 88,177.49  CLERICAL DEPT. $ 28,742.41 $ 22,274.00 $ 22,274.00 $ 38,390.50  OTHER $ 1,960.00 $ 8,533.00 $ 8,533.00 $ 2,552.00  DEPRECIATION $ 48,885.00 $ 48,885.00 RESERVE/SHORT LIVED ASSETS $ 21,019.99 $ 20,388.00 ` $ 20,388.00 $ 33,600.00  TOTAL EXPENSES $ 159,242.40 $ 200,414.00 $ 200,414.00 $ 192,352.99  From Reserves $ 0.00 $ 0.00 $ 0.00 $ -   NET $ - $ - $ 0.00  DEBT SERVICE BUDGET LATE FEES    $ 75.22 $ 75.22 INTEREST PAYMENTS RECEIVED $ 24,508.71 $ 24,839.43 $ 24,839.43 $ 18,575.88  PRINCIPAL PAYMENTS RECEIVED $ 19,483.08 $ 60,367.25 $ 60,367.25 $ 31,186.44  TOTAL RESTRICTED INCOME-LID $ 43,991.79 $ 85,281.90 $ 85,281.90 $ 49,762.32  LID- LOAN PAYMENTS $ 43,306.00 $ 48,799.48 $ 48,799.48 $ 112,335.86  Net cash Surplus/Deficit-LID      Transfer (to)/from LID Reserves $ 685.79 $ 36,492.42 $ 36,492.42 $ 62,573.54  NET $ 0.00 $ -   $ 0.00 $ 0.00  There is a proposed increase of $3.00 In addition to an expansion Fee of $5.00 All interested persons are invited to appear and show cause, if any, why such budget should or should not be adopted.  You may also make comment in writing either by email or USPS. Comments must be received in the District office no later than January 08, 2024. Submitted : Vicki R. Wininger, Clerk Legal#5821 AD#18145 December 30, 2023; January 6, 2024