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Council opens three budget‑related public hearings; staff explains Light & Power fund transfer and proposed FY26 transfer
Summary
Bountiful staff presented an amendment to the current fiscal year transfer from the Light & Power Fund to the general fund, the proposed FY26 transfer, and the overall proposed FY 2025–26 budget in three linked public hearings on June 10; the council continued final action to June 24.
City finance staff and department leads presented three connected public hearings during the June 10 Bountiful City Council meeting: (1) an amendment to the current fiscal year administrative transfer from the Light & Power Fund to the general fund, (2) the proposed administrative transfer for FY 2026, and (3) a public hearing on the proposed FY 2025–26 budget that includes proposed water and power rate adjustments. The council did not take final action on any of the three matters and moved final adoption to June 24.
Galen Rasmussen (finance) explained the purpose of the administrative transfer: reimbursement from enterprise funds to the…
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