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NOTICE IS HEREBY GIVEN that the City Council of the City of Jerome, Idaho will hold a public hearing for the consideration of the proposed budget for the fiscal period October 1, 2020 through September 30, 2021 pursuant to the provisions of Section 50-1002, Idaho Code. Said hearing will be held at the City Council Chambers, 100 East Ave. A, Jerome, Idaho at 5:30 P.M. on Tuesday, August 18, 2020. At said hearing all interested persons may appear and show cause, if any they have, why said proposed budget should not be adopted. The following is an estimate set forth of said proposed budget of the total proposed expenditures and accruing indebtedness of the City of Jerome, Idaho, for the fiscal period October 1, 2020 through September 30, 2021, and is shown below as FY 2020-21 proposed revenues and expenditures. Fund 2018-19 ACTUAL 2019-20 BUDGET 2020-21 PROPOSED General $5,478,100 $5,416,183 $5,176,051 Street 3,524,802 2,347,930 1,994,701 Library 451,580 456,527 451,392 Park 843,018 213,955 235,204 Irrigation 188,109 191,500 189,500 Sanitation 356,975 370,375 341,584 Water 2,649,258 2,708,123 2,718,654 Wastewater 8,981,023 6,848,630 7,279,223 Existing Fund Balance - 3,602,997 7,033,912 Total Revenues $22,472,865 $22,156,220 $25,420,221 2018-19 ACTUAL 2019-20 BUDGET 2020-21 PROPOSED Property Tax Revenue $4,941,432 $5,199,454 $5,270,826 Foregone Property Tax Revenue - - - Total of All Other Revenues $17,531,433 $16,956,766 $20,149,395 Fund 2018-19 ACTUAL 2019-20 BUDGET 2020-21 PROPOSED General Legislative $70,974 $91,220 $90,672 Executive 16,608 16,896 17,072 Administration 797,431 779,703 774,914 Law Enforcement 1,961,197 2,612,573 2,668,763 Fire 1,478,355 1,563,467 1,535,824 Building 257,403 200,316 181,526 Animal Control 131,522 185,058 147,005 Total General Fund $4,713,490 $5,449,233 $5,415,776 Fund 2018-19 ACTUAL 2019-20 BUDGET 2020-21 PROPOSED Street $4,669,455 $2,715,925 $1,954,243 Library 419,436 463,826 461,392 Park 831,584 234,103 234,217 Irrigation 169,450 169,518 174,005 Sanitation 348,307 358,663 344,505 Water 2,085,752 4,089,563 4,734,194 Sewer 5,116,694 8,336,459 11,587,836 Total Expenditures $18,354,168 $21,817,290 $24,906,168 I, Ross Hyatt, Finance Director of the City of Jerome, Idaho, do hereby certify that the above is a true and correct statement of the proposed expenditures and revenues for fiscal year 2020-21 all of which have been tentatively approved and entered at length in the Journal of Proceedings. I further certify that the City of Jerome, 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 City Council. Citizens are invited to attend the budget hearing on Tuesday, August 18, 2020 at 5:30 P.M. and have the right to provide written or oral comments concerning the entire city budget. A copy of the proposed city budget in detail is available at City Hall for inspection during regular office hours 8:00 A.M. to 5:00 P.M. Monday through Friday. Dated this 13th day of August, 2020. Ross Hyatt, Finance Director Publish: August 6 and August 13, 2020 Expenditures Notice of Public Hearing City of Jerome Tentative Budget Revenues Property Tax Budget Expenditures