Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
ULCT board adopts fiscal 2026 budget after technical-assistance adjustments
Summary
The Utah League of Cities and Towns board held a public hearing and unanimously adopted a revised fiscal year 2026 budget that reduces projected technical‑assistance revenue and increases planned use of unrestricted reserves by roughly $23,000, resulting in a final budget $90,000 lower than the tentative plan.
The Utah League of Cities and Towns board held a public hearing and unanimously adopted its fiscal year 2026 budget after staff outlined small changes to technical‑assistance funding and reserve use.
The change stemmed from a reduction in a Department of Workforce Services (DWS) technical‑assistance grant from $800,000 to $700,000 over two years and limits on applying the 10 percent indirect (administrative) cost to that grant, Nick, a ULCT finance staff member, told the board during the meeting. To absorb the change, staff increased planned use of unrestricted reserves from $270,000 to $293,000 and lowered some restricted fund expense lines tied to the DWS funding. Nick said the final budget is roughly $90,000 lower than the tentative budget adopted in May.
The board opened a public hearing, received no public comment, and then voted to approve the tentative budget and to adopt the FY2026 budget resolution as presented. Mayor Troy Walker presided over the meeting. The motions to adopt the tentative budget and the resolution passed unanimously.
Why it matters: ULCT operates programs that include technical assistance to local governments; changes to those revenue assumptions can affect how much direct assistance staff anticipate delivering next year. Nick told the board the league’s self‑imposed reserves policy targets unrestricted reserves between 25 and 50 percent of prior‑year general revenue; under the revised plan the league expects reserves to fall to about 47–48 percent, down from roughly 50 percent.
Supporting details: Staff said the DWS grant reduction required reworking line items tied to how the league may apply indirect costs. Restricted reserve revenue usage was trimmed by about $13,000. Nick and other staff told the board those changes should not materially change the league’s overall reserve posture but will reduce the final total by approximately $90,000.
Decision and next steps: The board voted unanimously to adopt the FY2026 budget and the accompanying resolution. Staff will implement the revised spending plan and proceed into the new fiscal year under the adjusted revenue assumptions.
Acknowledgments and logistics: The board conducted the hearing in Draper, Utah, with no public speakers during the hearing. Staff said they will monitor year‑end results and brought the changes as an update to the tentative budget the board approved in May.
