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Expense to Budget:May As of May 31, 2025, 67% of FY 25 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,577,695.67 • LGIP: $13,255,082.72 • DBF: $3,024,737.24 • Zions Sweep: $8,782,676.07 • Zions Checking: $1,143.95 Fund % Expended YTD General Fund 59.5% Admin 51% Police 63.2% Fire 71.2% Building & Zoning 36% Ambulance 60.7% Streets 61.5% Airport 13.9% Cemetery 55.4% Library 42.7% Parks & Rec 58.2% Parks 49.8% Golf 63.5% Water 26.3% WWTP 70% Sanitation 55.7% Treasurer’s Report July 1, 2025 Calendar ● July 2025: July 1 Tentative budget Proposal. July 29 Public hearing for FY 26 Budget. ● August 2025: Pass Budget Ordinance and Forgone Resolution. ● September 2025: Submit L-2’s to County. Begin Year end close out and prep for new FY. ARPA Projects ● Radio Meters- In progress, roughly 1200 left to install. ● Downtown Sewer Upgrade- Project completed finishing up close out. Misc. Items ● Meridian/HWY 91: No new update ● E Airport Rd CPG: Progress has been slow due to needing to move power pole and tree removal. ● West Bridge St, Bridge: on schedule to complete environmental and NEPA docs by September deadline. ● Pendlebury: No new updates. ● Revit: Project is at substantial completion. Waiting for trash receptacles and benches from manufacturer, then HK will place and project will close out. ●Well # 14: Had bid opening today for test well ●Twin Bridges Landing: Steadman Construction won bid held pre con on Monday.