Full Text
Expense to Budget: May As of May 31, 2024, 67% of FY 24 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,390,911.56 • LGIP: $11,983,531.84 • DBF: $2,857,872.84 • Zions Sweep: $8,563,529.10 • Zions Checking: $12,588.00 Fund % Expended YTD General Fund 57.8% Admin 50.6% Police 59.1% Fire 58% Building & Zoning 79.2% Ambulance 68.3% Streets 85.7% Airport 25.4% Cemetery 61.7% Library 45.8% Parks & Rec 63.1% Parks 57.7% Golf 66.6% Water 60.7% WWTP 32.5% Sanitation 69.5% Treasurer’s Report July 2, 2024 Calendar ● July 2024: July 2 Present tentative budget. July 30 public hearing on FY 25 budget. ● August 2024: Present budget ordinance for council approval. Resolution on foregone. ● September 2024: Submit L- 2’s to county along with foregone resolution. Public hearing to amend FY 2024 budget. Prepare for year-end closeout. ARPA Projects ● Champions Gate- This project has been completed. Cost of project was $322,737.86. ● Radio Meters- In progress, currently about 50% complete ● Downtown Sewer Upgrade- HK has tentative start date for August to begin point repairs. Misc. Items ● Janet St Storm: Bid awarded to Mickelsen Const. ● Meridian/HWY 91: Working with HLE on preliminary design. ● West Bridge St, Bridge: Working on environmental for NEPA docs. ● Chlorination Project: Working on remaining well houses. ● Pendlebury: Working with Civil Science and LHTAC on preliminary design and ROW needs. ● Riverton Rd: Working on preliminary design for sewer line upgrade and road rehabilitation.