Bellevue Urban Renewal Agency – Special Meeting

BELLEVUE URBAN RENEWAL AGENCY (BURA) AGENDA and NOTICE OF SPECIAL MEETING Tuesday, June 25, 2025 at 4:30 p.m. Bellevue City Hall, 115 E Pine Street, Bellevue, ID JOIN ZOOM MEETING: https://us02web.zoom.us/j/87427717822?pwd=DNrXBVHkEkUpyCPfaV91z5hPy1zXJE.1 Meeting ID: 874 2771 7822 Passcode: 366551 One tap mobile +1-346-248-7799 (Houston) +1-253-215-8782 (Tacoma) Please Mute Your Call -- Friendly Reminder to turn off all cell phones (except emergency personnel) _________________________________________AGENDA________________________________________ 1. CALL TO ORDER 2. ROLL CALL 3. NOTICE OF AGENDA COMPLIANCE per Idaho Code §74-204– Action Item a. Finding That the special meeting notice and agenda were posted in accordance with Idaho Code §74-204 within twenty-four (24) hours prior to the meeting at: Bellevue City Hall, Post Office, and the City’s website on March 5, 2025. Suggested Motion: I move that the agenda and notice for the June 25, 2025 special meeting was posted in accordance with Idaho Code Section 74-204. 4. CALL FOR CONFLICT (As outlined in Idaho Code 74-404) 5. PUBLIC COMMENT (for items of concern not on the Agenda) 6. BUDGET WORKSHOP Discussion and Consideration of Draft FY26 Budget – ACTION ITEM 7. ADJOURNMENT - ACTION ITEM I, designated Secretary/Treasurer for the City of Bellevue Urban Renewal Agency, certify that the special meeting notice and agenda were posted in accordance with Idaho Code §74-204 within twenty-four (24) hours prior to the meeting at Bellevue City Hall, Bellevue Post Office, and the City’s website. Commission packets are available online at https://www.bellevueidaho.us. In compliance with the American with Disabilities Act, individuals needing special accommodations during this meeting should notify the City of Bellevue, 115 E Pine Street, Bellevue, Idaho 83313, or phone 208-788-2128 Ext. 2, at least 24 hours prior to the meeting.  Memorandum To: Bellevue Urban Renewal Agency Board of Directors From: Brian Parker, Community Development Director Re: FY26 Draft Budget Date: June 24, 2025 Background Idaho Statute 50-2903 requires urban renewal districts to adopt a budget by September 1st of each year. In order to meet the public hearing and budget publication requirements, the public hearing for the adoption of the FY26 budget has been tentatively scheduled for July 22, 2025. The draft FY26 budget includes $100,000 in professional services to facilitate engineering, planning, and landscape architectural services related to streetlight improvements and Dead End Right-of-Way planning, and $100,000 in improvements and construction to fund physical improvements that come as a result of the aforementioned design projects. Other budget categories are largely unchanged from the FY25 budget. Recommendation and Next Steps The Board should review, provide feedback on the draft budget, and upon arriving at a desired draft, authorize Staff to publish the required notification of the July 22, 2025 public hearing to adopt the FY26 budget of the Bellevue Urban Renewal Agency. Enclosures 1. Draft FY26 Budget BELLEVUE URBAN RENEWAL AGENCY BUDGET WORKSHEET BUDGET ACTUAL BUDGET ACTUAL BUDGET ACTUAL BUDGET ACTUAL BUDGET FY25 YTD FY25 DRAFT FY26 2021 2021 2022 2022 2023 2023 2024 2024 2025 5/31/2025 2026 INCOME 41001 Carryover $ 40,000 $ - $ 32,750 $ - $ 200,000 $ 200,000 41000 City Property Tax $ 45,000 $ 66,638 $ 45,000 $ 64,503 $ 50,000 $ 102,483 $ 50,000 $ 105,937.55 $ 75,000 $ 93,502 $ 100,000 41200 Personal Prop. Replacement $ 1,818 $ 909.19 $ 909 $ 909 41200 Interest Income $ 1,000 $ 758 $ 1,000 $ 592 $ 1,000 $ 16,369 $ 1,000 $ 23,092.81 $ 12,545 TOTAL INCOME $ 86,000 $ 67,396 $ 78,750 $ 65,095 $ 251,000 $ 120,670 $ 251,000 $ 129,939.55 $ 75,909 $ 106,955 $ 100,000 OPERATING EXPENSES 52000 City Attorney $ - $ - $ - 55000 Legal and Accounting $ 3,500 $ 1,000 $ 3,000 $ 800 $ 3,000 $ 1,070 $ 3,000 $ 830.00 $ 15,000 $ 461 $ 500 56000 Dues and Memberships $ - $ - $ 100.00 56500 Postage, Copies, Mailings $ - $ - $ - $ - $ 100 $ 100 56600 Professional Services $ 718 $ - $ 275 $ 100,000 56700 Advertising/Publishing $ 400 $ 330 $ 250 $ 50 $ 300 $ 432 $ 300 $ 220.80 $ 100 $ 56 $ 250 56800 Supplies $ 500 $ - $ 500 $ 50 $ 200 $ 485 $ 300 $ 1,361.28 $ 2,000 $ 45 $ 500 57000 URA Contracts $ - $ 30,000 $ 1,312.50 $ 50,000 $ - 57500 Repair & Maintenance $ 4,425.63 $ 5,000 $ 1,252 $ 1,000 Travel Expense $ 84.00 $ 200 $ - TOTAL OPERATING EXPENSES $ 4,400 $ 1,330 $ 3,750 $ 900 $ 3,500 $ 2,704 $ 33,600 $ 8,334.21 $ 72,400 $ 2,089 $ 102,350 CAPITAL OUTLAY EXPENSES 58100 Improvements & Construction 20,000 0 75,000 21,000 200,000 4,983 320,000 $ 23,696.32 $ 300,000 $ - $ 100,000 58200 Auto or Equip. Capital Expense $ 119,498.08 $ 50,000 $ - TOTAL CAPITAL OUTLAY $ 20,000.00 $ - $ 75,000.00 $ 21,000.00 $ 200,000.00 $ 4,983.00 $ 320,000.00 $ 143,194.40 $ 350,000 $ - $ 100,000 TOTAL EXPENSES $ 24,400 $ 1,330 $ 78,750 $ 21,900 $ 203,500 $ 7,687 $ 353,600 $ 151,529 $ 422,400 $ 2,089 $ 202,350 NET INCOME: 61,600.00 66,066.00 0.00 43,195.00 47,500.00 112,982.79 -102,600.00 -21,589.06 $ (346,491) $ 104,866 $ (102,350)