NOTICE OF PUBLIC HEARINGS EAGLE SEWER DISTRICT FISCAL YEAR 2024 BUDGET A public hearing for the Eagle Sewer District's FY2026 budget AND Connection Fee increase from $5,500 to $8,916 hearing will be held August 11, 2025. An itemized copy of the proposed FY2026 budget can be reviewed at the district's office located at 44 N. Palmetto Avenue, Eagle, Idaho 83616, or a copy can be obtained by contacting our office at 208-939-0132, pursuant to the provisions of Section 42-3229, Idaho Code. The public hearing will be held on August 11, 2025, at Eagle Sewer District's office, 44 N. Palmetto Avenue, Eagle. The hearing will begin at 2:00 p.m. Written comments will be accepted until 1:00 p.m. on August 11, 2025. Auxiliary aids or services for persons with disabilities can be made available by calling the Administrative Manager (208-939-0132) at least three days prior to the hearings. PROPOSED EXPENSE The following is an estimate set forth in said proposed budget of the total expenditures and accruing indebtedness of the Eagle Sewer District, Eagle, Idaho for the fiscal period December 1, 2024, through November 30, 2025. Operating Expense $5,911,200 Non-Operating Expense $2,802,800 TOTAL O&M PROPOSED EXPENDITURES $8,714,000 CAPITAL PROPOSED EXPENDITURES $13,334,000 ESTIMATED REVENUE The estimated revenue for the Eagle Sewer District, Eagle, Idaho for the fiscal period December 1, 2024, through November 30, 2025, is as follows: Service Revenue $8,424,000 Property Tax and Sales Tax $210,600 Property Tax Delinquent Accounts $40,000 Annexation, pass thru and other fees $39,400 TOTAL O&M ESTIMATED REVENUE $8,714,000 Capital Permit Revenue $4,458,000 CIP Funds from Service Revenue $2,152,800 Transfer from STO Asset Replacement $1,695,000 Transfer from STO General Account $5,028,200 TOTAL CAPTIAL ESTIMATED REVENUE $13,334,000 VALNOVA DEVELOPMENT PROPOSED EXPENSE The following is an estimate set forth in said proposed budget of the total expenditures and accruing indebtedness of the Valnova Development, Eagle, Idaho for the fiscal period December 1, 2025, through November 30, 2026. OPERATING EXPENSE $499,000 REPAIR AND REPLACEMENT EXPENSE $1,840,000 ESTIMATED REVENUE The estimated revenue for the Eagle Valnova Development, Eagle, Idaho for the fiscal period December 1, 2025, through November 30, 2026, is as follows: OPERATIONS AND MAINTENANCE REVENUE Service Revenue $ 39,000 Developer Funding $450,000 Miscellaneous $10,000 TOTAL O&M PROPOSED EXPENSE $499,000 CAPITAL REVENUE Estimated Asset Replacement Fee $1,840,000 IPL0255657 Jul 21,Aug 4 2025