Full Text
Expense to Budget: April As of April 30, 2023, 58% of FY 23 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,221,006.12 • LGIP: $8,822,939.71 • DBF: $2,757,695.46 • Zions Sweep: $7,943,473.50 • Zions Checking: $25,329 Fund % Expended YTD General Fund 53.7% Admin 45.2% Police 51.8% Fire 66.1% Building & Zoning 58.2% Ambulance 36.5% Streets 63.8% Airport 58% Cemetery 41.8% Library 30.9% Parks & Rec 46.7% Parks 35.8% Golf 53.9% Water 34.6% WWTP 31.6% Sanitation 48.4% Treasurer’s Report June 6, 2023 Calendar ● June 2023: Round 2 Budget Meetings June 7 – 14. Work on L-2’s. Complete Tentative Budget. ● July 2023: July 5: Present Tentative Budget. July 18: Public Hearing on Proposed budget. ● August 2023: August 1: Present budget ordinance to council. 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 700 radios installed. ● Downtown Sewer Upgrade- Construction Delays with contractor. Project will go out for construction rebid. Misc. Items ● Fisher St: Approved by ITD, LHTAC going out to bid. ● Meridian/HWY 91: Approved by ITD, LHTAC will go out to bid. ● West Bridge St, Bridge replacement: Process moving forward with LHTAC & JUB ● Chlorination Project: Contractors have started work.