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Comptroller says 2025 budget needs adjustment to cover bond-related advisory bills
5496006 · July 29, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Comptroller Charles Robinson told council the city failed to budget for some bond-related costs from last year and plans a transfer from the general and insurance funds into capital to pay bond counsel, fiscal advisers and rating-related fees.
At the July 28 work session, Comptroller Charles Robinson told the Lehi City Council that the 2025 budget needs an adjustment to pay bills tied to bonds issued in the prior year. “So it looks like we forgot to budget for some of the money to borrow money to fund the budget,” Robinson said.
Robin…
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