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Salt Lake City Council adopts 2025–26 budget, sets tax levy and moves $55.8 million to CIP
Summary
The Salt Lake City Council unanimously adopted the cityand librarybudgets for fiscal year 202526 2026, set the final tax levy and approved a $55,806,110 transfer to the capital improvement program (CIP); council deferred one administrative ordinance for a future meeting.
Salt Lake City The Salt Lake City Council on June 10 adopted the cityand library budgets for fiscal year 202526 2026, approved a final property tax levy as presented on the council motion sheet, and authorized a $55,806,110 transfer into the cityCIP, including $13,489,253 in specified funding.
Why it matters: The ordinance and related motions set the city's spending plan, revenue allocations and contingency appropriations for the coming fiscal year, commit carryover and ongoing revenues to funds including the Library Fund and repayment of general obligation bonds, and move significant funds into capital projects that will be allocated to specific projects later this year.
The council…
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