Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves FY25 budget revision and adopts fiscal year 2026 budget, moves $750,000 to capital projects
Summary
Spanish Fork City adopted a second revision to the FY25 budget that transfers $750,000 from the general fund into the capital projects fund and approved the FY26 budget. Staff said general‑fund revenues trended above budget and expenses below, enabling the transfer while still increasing the fund balance.
The Spanish Fork City Council approved a second revision of the fiscal year 2025 budget and then adopted the fiscal year 2026 city budget during Monday’s meeting.
Jordan Hales, the city’s finance director, told the council the FY25 revision increases general‑fund revenues by about $657,000 and expenses by about $386,000 and proposes a $750,000 transfer from the general fund into the capital projects fund. “We feel confident that we can transfer 750,000 out, and still have the fund and higher,” Jordan said during the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
