Full Text
Expense to Budget: January As of January 31, 2023, 34% of FY 23 has elapsed Bank & Investment Accounts: • Moreton Investments: $3,198,715.23 • LGIP: $8,211,299.12 • DBF: $2,732,034.68 • Zions Sweep: $9,266,495.33 • Zions Checking: $5,790.00 Fund % Expended YTD General Fund 28.7% Admin 19.5% Police 28.4% Fire 36.3% Building & Zoning 43.9% Ambulance 21% Streets 46.7% Airport 22% Cemetery 22.5% Library 17.1% Parks & Rec 29.8% Parks 19.6% Golf 36.7% Water 13.6% WWTP 18.9% Sanitation 27.5% Treasurer’s Report March 7, 2023 Calendar ● March 2023: Prepare revenue projections for Round 2 budget meetings. ● April 2023: TBD Round 2 Budget Meetings ● May-June 2023: Round 3 Budget Meetings. ARPA Projects ● Champions Gate- This project has been completed. Cost of project was $322,737.86. ● Radio Meters- In progress, Base station installed, received remaining 3,200 radios. ● Downtown Sewer Upgrade- Need Contractor to come in and do 12 spot repairs, 1 pipe length of open trench repair, and 7 manholes replaced. Then re camera lines. Move forward with CIPP repair. Bid award. Misc. Items ● RV Grant Awarded: HWW Construction LLC will begin work weather permitting. ● 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