HALF WAY THERE

FINANCIALS – Director says all looks good

As of March 31st, half of the city’s fiscal year had been completed according to a financial report delivered to the Salmon City Council’s April 21st meeting.

City Finance Director Amy Fealko said the General Fund revenues stand at 61.7 percent and the expenses are right at 50 percent.

Of the top five city revenues posted, Property Taxes are at 72.4 percent collected. She said the budgets of the various city departments are pretty much on track. Executive is at 41.3 percent and Administration is at 75.2 percent. She said the reason that one is high is Administration is where COVID-19 related expenses are being kept for now. Community Development shows that $6,000 has been paid to the Lemhi County Economic Development Association which is the majority of that planned budget. Planning and Zoning is at 46.6 percent of budget. Fealko noted the last payment for the county’s portion of Planning and Zoning work it did for the city has been paid. The Sacajawea Center is gearing up for the season and that budget is at 33.1 percent of their revenue. The Parks Department and the Swimming Pool are also gearing up for the season. The Police Department is at 53.6 percent of its budget which includes the new vehicles.

The Salmon Valley Center is at 97.4 percent of its budget. She explained the center also has COVID-19 expenses included which were specifically used for the building and will eventually be moved to a Capital Expenditure item.

Under Streets and Alleys $281,000 is listed in revenues, or 62.3 percent, and 38.4 percent in expenditures. Fealko said the Local Option Tax has received $39,000 of the $92,000 budgeted which is 42 percent of the incoming revenues. Water and Sewer are on track right around the 50 percent mark.

The Fiscal Year 2021 Budget is on the city’s web site at under the Finance Department heading.