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Beaver City outlines proposed FY2026 budget; general fund at about $6.13 million
Summary
City staff presented the proposed FY2026 budget and held a public hearing covering general fund revenues and enterprise funds; council took no final appropriation action on June 10.
City staff presented the proposed fiscal year 2026 budget to the Beaver City Council during a June 10 public hearing and invited public comment on key items, including proposed enterprise-fund transfers and capital projects.
Staff described general fund revenue projections and proposed expenditures in detail. Highlights included projected tax revenues of about $1.627 million; proposed general-fund revenues and transfers yielding a proposed general fund total of $6,134,003.70 for FY2026; and transfers from enterprise funds (water, sewer, power) to cover certain administrative services. Staff noted the transfers require public notice when made from fee-based enterprise funds.
On the expenditure side, staff outlined line items including government buildings ($1,169,500), streets ($1,100,000+), parks ($1,536,670), recreation ($157,500), swimming pool ($226,500) and municipal building projects that drive much of the year‑over‑year increase. Staff reiterated that building project costs were a major factor in the proposed budget increase.
Staff also summarized enterprise and utility fund activity: water acquisition and impact fees, pressurized irrigation, the golf course fund (revenue $316,900; proposed transfer of $97,000), and an electric fund including a $5 million electric project and UAMPS activity totaling approximately $10,110,500 for electric projects. Staff said the sewer project financing was being accounted for through construction-in-progress rather than immediate revenue/expense entries, with total project funding around $6.8 million.
City staff said they are working with Utility Financial Solutions for water and sewer rate and impact studies and expect further discussion. Staff also noted ongoing conversations with the Department of Energy regarding federal funding opportunities for electric projects.
Public comment focused on several items, including rodeo grounds maintenance and capital needs (see separate item). One resident raised concerns about council pay increases given higher utility bills and pending bond proposals. Staff said the budget will be considered for adoption at a future meeting and must be filed with the state by statutory deadlines.
No budget adoption vote occurred on June 10; the meeting record shows the budget remained in the public‑hearing stage with staff to finalize numbers before formal adoption.
