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North Ogden council weighs cutting proposed tax increase as budget figures firm up
Summary
City finance staff presented unaudited fiscal 2025 results and councilors discussed trimming a proposed sales-tax increase from 6% toward a lower single-digit figure while preserving a $300,000 annual capital improvement allocation and avoiding use of rainy-day funds.
Peter Brown, North Ogden finance director, told the City Council on Aug. 5 that the city’s fiscal 2025 numbers remain unaudited but show a modest surplus and several adjustments that could change the final balance.
Brown said staff has “accrued all known revenues and expenditures” but still expects some audit adjustments, including allocations for accrued leave and capital asset entries. He estimated accrued leave adjustments could add as much as $1,920,000 to expenditures and said water, sewer and storm funds currently appear over budget because certain costs will be capitalized rather than expensed.
The presentation showed general-fund revenues nearly in line with budget, with taxes at about 98% of budget and licenses and permits at 105%. Brown said interest earnings were low (about 63% of budget) in part…
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