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Expense to Budget: June As of June 30, 2023, 75% of FY 23 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,221,595.25 • LGIP: $8,931,463.27 • DBF: $2,746,579.27 • Zions Sweep: $7,912,203.94 • Zions Checking: $2,988.00 Fund % Expended YTD General Fund 66.3% Admin 54.4% Police 66.1% Fire 79.6% Building & Zoning 66.2% Ambulance 53.1% Streets 73.2% Airport 85.3% Cemetery 70.8% Library 40.7% Parks & Rec 78.4% Parks 79.3% Golf 76.8% Water 40.3% WWTP 37.8% Sanitation 63.0% Treasurer’s Report August 1, 2023 Calendar ● August 2023: Present Budget ordinance to City Council for approval. Present forgone resolution to council. ● September 2023: Finalize and send off L-2 Certification to County. Prepare for year end close out. Open FY 23 Budget. ● October 2023: Start FY 2024. Continue with close out of FY 23. ARPA Projects ● Champions Gate- This project has been completed. Cost of project was $322,737.86. ● Radio Meters- In progress, Base Station installed. Currently about 800+ radios installed. ● Downtown Sewer Upgrade- Construction Delays with contractor. Project will go out for construction rebid. Misc. Items ● Fisher St: Phase II almost complete. Will start paving middle of August. ● Meridian/HWY 91: Approved by ITD, LHTAC will go out to bid. ● West Bridge St, Bridge replacement: Drilling 8-21 ● Chlorination Project: Contractors have started work.