Full Text
Expense to Budget: January As of January 31, 2025, 34% of FY 25 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,525,188.88 • LGIP: $12,531,371.67 • DBF: $2,968,252.13 • Zions Sweep: $10,514,890.67 • Zions Checking: $481.63 Fund % Expended YTD General Fund 30.7% Admin 20.2% Police 33.4% Fire 40.1% Building & Zoning 23.2% Ambulance 33.2% Streets 35.1% Airport 3.6% Cemetery 27.8% Library 21.1% Parks & Rec 26% Parks 25.4% Golf 25.9% Water 12.% WWTP 30.2% Sanitation 50% Treasurer’s Report March 4, 2025 Calendar ● March 2025: FY 26 Round 1 Budget Meetings. ● April 2025: Annual ARPA Reporting. Start on Revenue Projections. ● May 2025: Round 2 Budget Meetings. ARPA Projects ● Radio Meters- In progress, roughly 1200 left to install. ● Downtown Sewer Upgrade- Vortex Services LLC & HK have started work. 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 design concept report. ● Riverton Rd: No new update ● Revit: HK won the bid for construction. HK would like to start as soon as March 10. City is holding an open house tomorrow at 6:30 pm in council chambers. HK will meet with impacted merchants and discuss construction schedule and plan.