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City of Kalispell
Post Office Box 1997 - Kalispell, Montana 5 03-1997
Telephone ) S-�701 Fax - (406) 75 9-775 8
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REPORT T t Mayor Fisher and City Council Members
FROM: Amy Robertson, Finance Director
Jane Herrington, City Manager
SUBJECT: 2011 Business Improvement District budget
MEETING DATE. August 16, 2010
BACKGROUND; The Business IWrovement District budget request is for $199,323.
The BID levy of 37.5 nos and the square footage assessment of
.015 are the same tax and assessment rates as the previous year.
The BID is a component unit of the City of Kalispell. The budget
was included in the ity's Preliminary Budget boob. The City
Council approves their budget. No change to the Preliminary budget.
This resolution authorizes both the appropriation and the levy.
RECOMMENDATION: OMMENDATION: Adoptions of Resolution.
FISCAL EFFECTS* $19%323
Amy H. Robertson
Finance Director
Deport compiled: August 10, 2010
ane Howington
City Manager
Return to:
Kalispell City Clerk
Po Box 1997
Kalispell, MT 59903
RESOLUTION No; 5451
RESOLUTION SETTING THE TAX LEVY AND ANNUAL APPROPRIATION FOR THE
BID (BUSINESS IMPROVEMENT DISTRICT) of THE CITY of KALI PELL,
MONT NA, AS SET" FORTH IN THE 010-2011 BUDGET ADOPTED BY THE CITY
COUNCIL AND LEVYING AN ASSESSMENT FOR THE B11D FOR FISCAL 010-2011.
WHEREAS, the assessment cost of the Business District for the fiscal. year 010- 011 is estimated
to be $24,142, and the levy revenue will generate $57,694 for a total of $81,836.
WHEREAS, at a public hearing held on the 1 9th day of July, 2010, the City Council did consider
all objections made to said estimates and to the basis of levy and assessments for
payment for said costs (included as part of the City of Kalispell budget).
E IT RESOLVED BY THE CITY COUNCIL OF THE CITY of KALISPELL AS FOLLOWS:
SECTION 1. That there is hereby levied upon each and every dollar of the taxable valuation of the
Business Improvement District of Kalispell, Montana, for the fiscal year 010- 011,
the following levy:
BUSINESS IMPROVEMENT DISTRICT LEVY 37.5 MILLS
SECTION 11. That there is hereby levied upon each and every dollar of the taxable valuation within
the Business Improvement District of the City of Kalispell, Montana, for the fiscal
year 010- 011, the following assessment:
ASSESSMENT
.015 SQ. FOOT
SECTION III. That the annual appropriations for the Business Improvement District of the City of
Kalispell, Montana are hereby fixed as follows:
BUSINESS IMPROVEMENT DISTRICT $ 199,323
SECTION IV. The Business Improvement District Board of Directors is hereby authorized to
transfer any part of an unencumbered balance of an appropriation to a purpose or
object for which the appropriation for the current year is insufficient or to transfer
between items appropriated within the fund.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE
CITY OF KALISPELL, THIS 16T14 DAY of AUGUST, 2010.
F�::.:*19
Theresa White
City Clerk
Tamm.i Fisher
Mayor