Mona City Council amends current budget, approves 2025–26 budget after public hearing

The Mona City Council on an unspecified June meeting date approved amendments to the city’s 2024–25 budget and adopted the 2025–26 budget following a public hearing and a staff presentation.

Finance staff member Sarah gave an overview of the city’s finances, saying the budget is split between enterprise funds (gas, water, sewer) and the general fund. “This will just kind of be an overview of our budget and, we’ll just go from there,” Sarah said at the start of her presentation. She told the council that enterprise funds were roughly 56% of revenue and 67% of expenses in the most recent year, while the general fund represented about 44% of revenue and 33% of expenses.

Sarah identified sewer as the single largest expense across funds and noted outstanding bond debt of about $6 million, with roughly $4.5 million tied to sewer and just over $1 million tied to the water tank project. She said the city had about $2.5 million in cash assets across accounts, some of which are legally reserved for bond payments.

The budget amendment increases anticipated revenue in the current year to reflect an unexpected Class C road allotment payment of $210,000, higher highway‑use tax receipts (Sarah estimated the highway tax at approximately $83,000 for the year) and modestly higher sales tax receipts. On the expense side, the council agreed to three changes to the current year budget: creation of a sewer deposit fund for road cuts, a $233,000 transfer from the general fund into the sewer fund to cover shortfalls, and an increase to natural gas expense to reflect roughly $90,000 higher supply costs this year.

Sarah also reviewed multi‑year projections for water, sewer and gas funds. She said the water fund absorbed a large waterline project in past years and the city is planning to rebuild reserves ahead of a 200 North project. On the sewer side, she said a prior new subdivision had temporarily increased impact‑fee revenue, but without similar receipts the city had to raise sewer charges to bring in roughly $100,000 of additional revenue. Sarah warned the sewer fund will likely run a larger deficit next year as equipment replacements are needed.

Councilmembers asked no substantive questions during the public hearing portion and no members of the public spoke for or against the budgets. The council opened and then closed the public hearing before voting on the amendment and adoption resolution (Resolution 2025‑13). The motion to adopt the budget passed by voice vote during the meeting (recorded votes in the transcript were a series of “Aye” responses from council members).

The council also approved routine calendar items that preceded final budget adoption, including minutes and payment of disbursements reported by staff.

Why it matters: the adopted budget sets service levels and identifies reserves and transfers that affect infrastructure work planned by the city — notably waterline work on 200 North and near‑term needs in the sewer fund that staff said will require equipment replacement in the coming year.

What’s next: staff will post the finalized budget documents online and proceed with the financing, procurement and scheduled projects described in the presentation. The transcript indicates the adopted budget will be available on the city website for public review.