Category Archives: Budget

Judge hands Hideout another loss in its costly war on Golden Eagle

Posted on by
1

By Miki Mullor

In a June 9 ruling, District Court Judge Jennifer Mabey handed the Town of Hideout another legal loss in the court case regarding the denial of building permits in Golden Eagle on the basis of infrastructure reasons.

  • The court ruling leaves the Town no more reasons to wholesale deny building permits in Golden Eagle
  • It is estimated the Town spent around $250,000 on this failed legal fight, and missed hundreds of thousands more in building permit fees.
  • The Town seems poised to continue its war on Golden Eagle, now denying Certificate of Occupancies, on largely the same infrastructure reasons.
  • Higher property taxes are expected, as the Town now runs a $250,000 annual deficit.
Continue reading →

Hideout restates FY23 budget amid legal expenses, revenues shortfall – expects higher taxes

Posted on by
3

By Miki Mullor

The Town of Hideout council will be discussing tentative FY24 budget. It also has notified the public of restating the FY23 budget that was “driven by fewer new subdivisions being developed and higher legal professional costs.”

The Town is using a transfer of $156,225 from the its capital fund to close the deficit in the FY23 budget.

FY24 is expected to have a deficit of $455,000 that “will need to be funded by an increase in property taxes and town fees and well as continued control of town expenses and utilization of prior year capital fund surpluses.”

Continue reading →