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Orangeville staff present amended FY24-25 figures, propose FY25-26 general fund adjustments
Summary
During a June 10 public hearing in Orangeville, staff reviewed amended fiscal year 2024–25 budgets to align department spending with actuals and outlined proposed FY2025–26 general fund allocations, including carryovers, capital items and a utility-to-general-fund transfer.
On June 10 at a public hearing in Orangeville, staff presented amended fiscal year 2024–25 budgets and a proposed FY2025–26 general fund budget that would align department budgets with year-to-date spending and carry over several project funds.
Finance staff said the state of Utah requires the city not to overspend budgets by department or by utility fund. “What is required by the state of Utah is that we we are not allowed to overspend, our budgets by departments and by by our utility fund,” the presenter said while describing adjustments to revenue estimates and departmental lines to reflect actual activity during the year.
The presentatio…
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