CITY BUDGET LMS

The Salmon City Council met on June 15 and June 22 for in-depth review of the proposed City Budget for Fiscal Year 2022.  At its July 7 meeting City Finance Director Amy Fealko reported the result of those discussions was a 2% property tax increase, a 3% increase to the water base-fee and a 2.6% increase in staff raises.

Fealko said the proposed draft budget included a $6,000 contribution from the city to the Lemhi County Economic Development Association (LCEDA), and thirty-six thousand in revenue from the COPS grant three fourths of which will go to fund a School Resource Officer’s salary.  Money to buy a new police vehicle is on a two-year cycle so $20,000 is set aside every year for an up to $40,000 purchase every other year. She also said that medical insurance has gone up ten percent.

The draft budget includes the $37,500 lease of a street sweeper, $20,000 for storm drains and a partial excavator purchase under the Water-Sewer-Streets and Alleys departments.  The other half of the purchase will be made from the FY 2023 budget. As a side note, she announced that the 1990 Water Bond will be paid off this year which will mean that about $65,000 won’t be going out anymore.

Listed under major construction are the Phase I water distribution upgrades which are getting underway and will be completed in the next fiscal year. Fealko said the only changes from former discussions were a renaming of some of the fees.

The council unanimously voted to approve the changes made to the draft budget. 

The budget figures will be published in the newspaper and the public hearing on the city’s
$4,166,478 budget will take place at the next meeting of the Salmon City Council on July 21 at 6:15 PM..

It was mentioned that people are seeing an increase in the assessed valuation of their property and that does not mean that an increase in taxes will be following.

On a recent interview on KSRA Radio City Administrator Emery Penner said seeing the evaluation of your home go up 30 percent does not mean you will see a 30 percent increase in your taxes.  Various taxing districts throughout the county set their budgets every year.  The revenue the district needs to operate is what sets the amount of taxes.  Those budgets are also regulated by the State Tax Commission. Penner said that through legislation to protect the individuals in the taxing district, the law has limits on how much the budget of a district can be raised every year.

The Salmon City Council met on June 15 and June 22 for in-depth review of the proposed City Budget for Fiscal Year 2022.  At its July 7 meeting City Finance Director Amy Fealko reported the result of those discussions was a 2% property tax increase, a 3% increase to the water base-fee and a 2.6% increase in staff raises.

Fealko said the proposed draft budget included a $6,000 contribution from the city to the Lemhi County Economic Development Association (LCEDA), and thirty-six thousand in revenue from the COPS grant three fourths of which will go to fund a School Resource Officer’s salary.  Money to buy a new police vehicle is on a two-year cycle so $20,000 is set aside every year for an up to $40,000 purchase every other year. She also said that medical insurance has gone up ten percent.

The draft budget includes the $37,500 lease of a street sweeper, $20,000 for storm drains and a partial excavator purchase under the Water-Sewer-Streets and Alleys departments.  The other half of the purchase will be made from the FY 2023 budget. As a side note, she announced that the 1990 Water Bond will be paid off this year which will mean that about $65,000 won’t be going out anymore.

Listed under major construction are the Phase I water distribution upgrades which are getting underway and will be completed in the next fiscal year. Fealko said the only changes from former discussions were a renaming of some of the fees.

The council unanimously voted to approve the changes made to the draft budget. 

The budget figures will be published in the newspaper and the public hearing on the city’s
$4,166,478 budget will take place at the next meeting of the Salmon City Council on July 21 at 6:15 PM..

It was mentioned that people are seeing an increase in the assessed valuation of their property and that does not mean that an increase in taxes will be following.

On a recent interview on KSRA Radio City Administrator Emery Penner said seeing the evaluation of your home go up 30 percent does not mean you will see a 30 percent increase in your taxes.  Various taxing districts throughout the county set their budgets every year.  The revenue the district needs to operate is what sets the amount of taxes.  Those budgets are also regulated by the State Tax Commission. Penner said that through legislation to protect the individuals in the taxing district, the law has limits on how much the budget of a district can be raised every year.