Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Kuna City reports positive second-quarter finances; judicial review delays data-center mitigation fee
Summary
City finance presenter Jared Impey told the council the city held roughly 120,000,000 in cash/investments at the end of March with strong balances in general, water, sewer and irrigation funds; a $400,000 mitigation fee tied to a data-center building permit was delayed by judicial review.
At the Kuna City Council meeting, Jared Impey presented the fiscal 2026 second-quarter financial report, reporting strong cash and fund balances while noting timing impacts from judicial review tied to a data-center permit.
"As you can see, we have various accounts," Jared Impey said, walking through cash distributions and fund balances. He reported a total in cash and investments of about 120,000,000 as of the end of March, with the general fund holding approximately 25,000,000, the water fund about 20,900,000, the sewer fund about 26,900,000 and the irrigation fund near 13,000,000.
Impey identified some timing and accounting nuances: unrealized market declines on bonds produced a reported "gain/loss trading" item (4,800) tied to interest-rate movements, which he described as an accounting issue because the city holds bonds to maturity. He also said building-permit and mitigation-fee revenue connected to a data-center project had been delayed by judicial review; the presentation specified that a mitigation fee of 400,000 for police services had been expected at the time of permit issuance but would likely be realized in the next fiscal year.
Council members asked clarifying questions. Council member Biggs pressed for detail about the judicial-review effect; Impey said the delay was primarily a timing issue and that the city expects the revenue when permits proceed. The council discussed growth metrics: staff reported about 1,300 new utility accounts over the last year (about a 10–13% increase) while potable water use increased from roughly 57,400,000 gallons a year earlier to about 61,300,000 gallons this year, an increase of about 7%.
Impey outlined the budget calendar: director presentations are scheduled for early June, a consolidated staff budget will be presented the second meeting in June, a tentative budget in July and a public hearing in August. Council took no budget votes at the meeting; the presentation was informational.
The council thanked Impey and moved on to later agenda business.
