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Expense to Budget: December As of December 31, 2024, 25% of FY 25 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,526,576.20 • LGIP: $11,909,309.23 • DBF: $2,955,899.61 • Zions Sweep: $7,774,486.79 • Zions Checking: $2,667.67 Fund % Expended YTD General Fund 22.1% Admin 14.5% Police 24% Fire 27.9% Building & Zoning 19.6% Ambulance 22.6% Streets 29.8% Airport 2.6% Cemetery 19.5% Library 15.7% Parks & Rec 20.9% Parks 19.7% Golf 21.2% Water 10.1% WWTP 25.1% Sanitation 41.4% Treasurer’s Report February 4, 2025 Calendar ● February 2025: Complete FY 24 Financial Audit. Send out FY 26 budget worksheets for Dept Head Review. ● March 2025: Round 1 budget meetings begin. ● April 2025: Revenue projections for FY 26. ARPA Reporting ARPA Projects ● Radio Meters- In progress, roughly 1200 left to install. ● Downtown Sewer Upgrade- Vortex Services LLC & HK are coordinating to start work back up again on repairs. Misc. Items ● Meridian/HWY 91: No new update ● E Airport Rd CPG: City was awarded this grant we are working with HLE finishing up design and working through ROW acquisitions. ● West Bridge St, Bridge: No new update. ● Pendlebury: Civil Science will hold a progress meeting in the next few days. ● Riverton Rd: No new update ● Revit: Bid Opening went well. Keller reviewed and verified low bid. Need Council to review and award bid to low bidder.