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Economic Development proposes transfer of Arts Council, trims construction-mitigation grants and seeks ongoing Open Streets funding
Summary
Salt Lake City’s Economic Development Department proposed a FY26 budget reduction of about $1.9 million, driven by an administrative transfer of the Arts Council and a proposed $250,000 cut to the construction mitigation grant pool, while asking to make Open Streets funding ongoing.
Salt Lake City’s Department of Economic Development presented a FY26 package that would reduce its budget by roughly $1.9 million (about a 39% decrease from FY25) largely because the administration proposes transferring the Arts Council and Arts Council Foundation to the Department of Community and Neighborhoods.
The department said the transfer would reduce personnel and other costs by approximately $1.3 million. Economic Development also proposed lowering the construction mitigation grant allocation from about $600,000 last year to roughly $350,000 in FY26, citing an expected decline in the size and duration of major construction projects. Finally, the department asked to make Open Streets funding an…
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