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Municipal Building Authority adopts tentative budget, plans public hearing on final budget

3663092 · June 4, 2025

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Summary

The Murray City Municipal Building Authority adopted a tentative FY2025'26 budget allocating $16 million to a public works project and matching $3.1 million of debt service payments.

At its June 3 meeting the Murray City Municipal Building Authority adopted a tentative budget for the fiscal year beginning July 1, 2025, and scheduled a public hearing for final adoption.

Brenda Moore, presenting for the MBA, told board members the authority's revenue primarily consists of rent (debt-service payments) from other city funds and that the tentative budget allocates $16 million for the public works facility project while matching approximately $3.1 million in debt service payments.

Moore detailed current debt amounts associated with city hall and the public-works facility. Board members moved to adopt the tentative budget and set the public hearing; a roll-call vote recorded unanimous approval (5–0). The MBA will present the final budget for adoption at the scheduled public hearing.