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Santaquin adopts tentative FY2025–26 budget; approves midyear spending adjustments

3218632 · May 7, 2025
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Summary

The council approved a tentative city budget for fiscal year 2025–26 and adopted a budget amendment to fund cemetery and parks equipment and building needs, with staff and council saying the documents are balanced and will go to public hearing later this summer.

Santaquin City Council adopted the city’s tentative fiscal year 2025–26 budget and approved Budget Amendment No. 5 during its May 6 meeting.

The council approved the tentative FY2025–26 budget and scheduled the required public hearing for the final budget and tax rate later in the summer. City staff described the tentative budget as balanced and noted it reflects current revenue and expenditure forecasts; staff said further refinements are expected between the tentative and final adoption.

Budget Amendment No. 5, which council approved earlier in the meeting, reallocates parks and recreation funds to add storage and equipment space at the city’s public recreation building and to purchase equipment buildings for cemetery operations. Staff said funds are available in existing parks and recreation reserves and that the amendment does not require a general-fund increase.

Why it matters: The tentative budget sets spending priorities for the coming fiscal year and starts the public-notice process that culminates in a final budget and any tax-rate decisions. Council members thanked staff for weeks of reviews and compromises while noting not every item is unanimous, but that the package struck a workable balance.

Key details: City staff said the combined tentative budget figure is approximately $129.6 million across funds (reported as +1 29556 in staff notes), and that the budget assumes a modest property-tax change in the coming year tied to assessed values and state processes. Staff also said the tentative budget’s numbers will be refined as the council progresses toward a final adoption; a public hearing on the final budget and possible tax-rate action is scheduled for Thursday, Aug. 7, at 7 p.m.

Votes: The motions to adopt the tentative budget and to approve Budget Amendment No. 5 passed by recorded votes of the council. Councilmembers present voted in favor; there were no recorded votes against.

What’s next: The city will post the tentative budget for public review, hold the August 7 public hearing, and return to council later this summer for the final budget and any tax-rate decisions. Staff also noted an end-of-year budget amendment will be presented near the close of the current fiscal year to reconcile actuals.