Legal Notices
NOTICE OF ELECTION
KING HILL IRRIGATION DISTRICT
Election of Directors
NOTICE IS HEREBY GIVEN, that the election of one Director from Division 3 of the King Hill Irrigation District will be held on November 2, 2021 to elect said directors for a term of three years beginning January 1, 2022.
Nominations for each Director may be made by petition, signed by at least twelve (12) electors of the District from Division 3 , qualified to vote for the candidate nominated, and filed with the Secretary of the District not less than 40 days or more than 60 days before the date of said election. Petitions may be obtained from Wendy Parker, Secretary/Treasurer, 75 E First Ave, Glenns Ferry, Idaho. You may also email for a copy at khidh20@yahoo.com. Petitions are due by September 23, 2021, by 5:00 PM.
In the event more than one (1) candidate is nominated within each Division, notice of the time and place of election will be posted as required by Idaho Code 43-206.
Excepting that, in accordance with Title 43-201A of Idaho Code: “If, pursuant to section 43-201, Idaho Code, the Secretary of the district verifies that there is only one (1) qualified candidate who has been nominated for the position of Director to be filled, it shall not be necessary to hold an election for that position, and the Board of Directors shall declare such candidate elected as Director at the next regularly scheduled board meeting following the expiration of the date for filing written nominations.”
Dated: August 30, 2021
Wendy Parker, Secretary/Treasurer
King Hill Irrigation District
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NOTICE OF ELECTION
KING HILL IRRIGATION DISTRICT
Please take notice that a special election has been set by the Board of Directors of King Hill Irrigation District (KHID) for November 2, 2021. Electors who satisfy the qualification criteria of Idaho Code Sections 43-111(1) and 43-119 (as applicable) may vote in the election. The statutory criteria require that, in addition to possessing the qualifications required of electors under the general laws of the state, each elector must own land within the KHID district and be a resident of the county in which the KHID district, or a portion thereof, is located for at least thirty (30) days before the election.
The election shall be conducted from 8 a.m. to 8 p.m. Mountain Daylight Time at the King Hill Irrigation District office at 75 E First Ave, Glenns Ferry, Idaho, which also shall be the consolidated polling place for each precinct of the KHID district.
The question to be voted on at the election is whether King Hill Irrigation District shall be authorized to contractually assume indebtedness for purposes of leveraging available grant funding opportunities and further funding a capital improvement project involving the construction and installation of new pumping plant facilities on the Snake River and related water conveyance infrastructure to replace aged and inefficient infrastructure.
Copies of related project cost estimates, preliminary design, and maps of proposed location are on file with the KHID office located at 75 E First Ave, Glenns Ferry, Idaho and are open to inspection by KHID district landowners during regular business hours pursuant to Idaho Code
Sections 43-303 and 43-401.
Dated: September 23, 2021
Wendy Parker, Secretary/Treasurer
King Hill Irrigation District
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King Hill Irrigation District | ||||
Statement of Financial Position | ||||
December 31, 2020 | ||||
ASSETS | ||||
CURRENT ASSETS | ||||
Cash and Cash Equivalents: | ||||
Cash on Hand and in Banks | $ | 233,646 | ||
Unrestricted Investments | 374,588 | |||
Reserved Investments | 425,543 | |||
Total Cash and Cash Equivalents | $ | 1,033,777 | ||
Assessments and Meters Receivable | 9,519 | |||
Accrued Interest Receivable | 700 | |||
Prepaid Expenses | 25,680 | |||
Inventory | 39,275 | |||
Total other current assets | 75,174 | |||
Total Current Assets | $ | 1,108,951 | ||
PROPERTY AND EQUIPMENT | ||||
Land and Office Building | $ | |||
Shop Building | 10,738 | |||
Office Furniture | 3,421 | |||
Maintenance Equipment | 790,475 | |||
Irrigation Plant | 4,087,521 | |||
Meters | 17,085 | |||
Less Accumulated Depreciation | (3,803,242) | |||
Total property and equipment – Net | $ | 1,105,998 | ||
DEFERRED OUTFLOWS | ||||
Pension Related items | $ | 44,847 | ||
TOTAL ASSETS | $ | 2,259,796 | ||
LIABILITIES AND NET ASSETS | ||||
CURRENT LIABILITIES | ||||
Accounts Payable | $ | 964 | ||
Unearned Revenue | 89,187 | |||
Total Current Liabilities | $ | 90,151 | ||
LONG-TERM DEBT | ||||
Compensated Absences | 13,682 | |||
Net Pension Liability | 190,951 | |||
Total Long-Term Debt | $ | 204,633 | ||
DEFERRED INFLOWS | ||||
Pension Related Items | $ | 43,995 | ||
Liabilities and Net Assets | $ | 338,799 | ||
NET ASSETS | ||||
Invested in Capital Assets | $ | 1,105,998 | ||
Reserved for Emergency Expenditures | 425,543 | |||
Unrestricted | 389,476 | |||
TOTAL NET ASSETS | $ | 1,921,017 | ||
TOTAL LIABILITIES AND NET ASSETS | $ | 2,259,796 | ||
Katherine Pruett, Secretary/Treasurer | ||||
King Hill Irrigation District | ||||
King Hill Irrigation District | ||||
Statement of Net Condition | ||||
December 31, 2018 | ||||
ASSETS | ||||
Current Assets | ||||
Cash and Cash Equivalents: | ||||
Cash on Hand and in Banks
|
$ | 159,693 | ||
Unrestricted Investments | 188,504 | |||
Reserved Investments | 150,849 | |||
Total Cash and Cash Equivalents
|
$ | 499,046 | ||
Assessments and Meters Receivable
|
17,140 | |||
Accrued Interest Receivable
|
711 | |||
Prepaid Expenses | 19,823 | |||
Inventory | 49,550 | |||
Total Current Assets | $ | 586,270 | ||
Noncurrent Assets | ||||
Capital Assets: | ||||
Land and Office Building | $ | 4,456 | ||
Shop Building | 10,738 | |||
Office Furniture | 5,002 | |||
Maintenance Equipment | 712,813 | |||
Irrigation Plant | 4,087,520 | |||
Meters | 17,085 | |||
Less: Accumulated Depreciation
|
(3,613,790) | |||
Total Noncurrent Assets | $ | 1,223,824 | ||
Deferred Outflows | ||||
Pension Related items | $ | 36,447 | ||
Total Deferred Outflows | $ | 36,447 | ||
Total Assets | $ | 1,846,541 | ||
LIABILITIES | ||||
Current Liabilities | ||||
Accounts Payable | $ | 42,730 | ||
Accrued Interest Payable | 1,519 | |||
Unearned Revenue | 78,500 | |||
Current Portion of Long term Debt
|
21,505 | |||
Total Current Liabilities | $ | 144,254 | ||
Noncurrent Liabilities | ||||
Note Payable – IDWR | $ | 9,625 | ||
Compensated Absences | 23,662 | |||
Net Pension Liability | 114,805 | |||
Total Noncurrent Liabilities | $ | 148,092 | ||
Deferred Inflows | ||||
Pension Related Items | $ | 19,732 | ||
Total Deferred Inflows | $ | 19,732 | ||
Total Liabilities | $ | 312,078 | ||
NET POSITION | ||||
Invested in Capital Assets | $ | 1,192,694 | ||
Reserved for Emergency Expenditures
|
150,849 | |||
Unrestricted | 190,920 | |||
Total Net Position | $ | 1,534,463 | ||
Katherine Pruett, Secretary/Treasurer
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King Hill Irrigation District | ||||
One Publication – 01/30/2019 – Mountain Home News
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