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Lindon council reviews proposed budget, flags road-fund pressure and facility reserve planning
Summary
City staff presented a proposed budget showing a 30.3% general fund balance; council members raised concerns about a low road fund after a possible $1 million transfer and discussed setting aside funds for community-center and facility repairs.
Lindon City Council members reviewed a draft proposed budget and discussed reserves for the general fund, the road fund and city facilities.
Kristen, a city staff member, said the draft ends the year with a 30.3% fund balance in the general fund, below the local cap of 35% but above the older 25% limit. She told the council the proposed budget schedule calls for a proposed budget hearing May 19 and final adoption June 16.
Council members said the road fund balance — reported at about $1,386,000 — could be strained if roughly $1 million is redirected to…
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