Wednesday, August 17, 2011

Kuna passes tentative budget that keeps spending flat

Kuna City Council members Tuesday night unanimously approved a tentative budget that keeps general fund spending relatively flat at $2.749 million, a slight increase from last year’s budgeted $2.744 million.
The budget, which now goes to a public hearing on Sept. 6, keeps current property tax revenue flat, except for a small $28,296 increase in property tax revenue accounted for by new construction and annexations.
The public hearing, at which the public is invited to testify, will be held during the regular City Council meeting, which starts at 7 p.m. on Tuesday, Sept. 6, at City Hall, 763 W. Avalon St.
City Council budgeted $1.476 million in property tax revenue for the 2011-12 fiscal year, compared with $1.448 million last year.
Also included on the revenue side of next year’s budget is $150,000 in fund carryover, which city treasurer John Marsh was a collection of unexpended funds that had built up in the general fund. City Council members decided to put that toward a $191,621 contingency fund.

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