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Pleasant Grove adopts $2026 budget, sets certified tax rate at 0.000962
Summary
After a detailed presentation and council discussion about fund balances, sales tax and capital projects, Pleasant Grove adopted its final FY2025–26 budget and certified a tax rate of 0.000962.
Pleasant Grove’s City Council unanimously adopted the city’s final budget for the fiscal year beginning July 1, 2025, and set the certified tax rate at 0.000962 on June 24.
Director Roy presented the budget document and described estimates for fund balances, enterprise funds and the general fund. He told the council the general fund is projected to end fiscal 2026 with roughly $4 million in fund balance, placing the city at approximately 14–15% of operating revenues — comfortably above the 5% state minimum and below the 35% upper limit discussed in state guidance.
"Fund balance is monies that we have available in that fund…if it shows that it's unassigned, it means that it's not allocated for anything," Director Roy said while explaining reserves. He pointed to sales tax as a primary revenue source, noting it accounts for about 51% of the city’s revenues and has grown slowly over recent years.
Council members praised the presentation and the city’s fiscal position. Councilmember Anderson and others emphasized that the budget preserves a rainy-day reserve and allows the city to undertake capital projects — including the Battle Creek Trailhead — while keeping the general fund reserve intact. The council discussed the transportation utility fund and staff noted an estimated balance of roughly $700,000 at fiscal year-end 2026 after planned spending.
After discussion, Councilmember Williams moved to adopt Resolution 2025-2023 adopting the final budget and certified tax rate; Councilmember Jansen seconded. A roll-call vote recorded Anderson, Rogers, Jansen, Lamone and Williams voting yes; the motion carried unanimously.
Councilmembers and staff said the budget reflects multi-year capital planning, continued roadwork funded by the transportation utility, and a measured approach to reserves. Staff also committed to producing a user-friendly budget summary and to meet with residents who request one-on-one budget explanations.
The council additionally approved capital-project allocations and confirmed continued oversight of ongoing reimbursable projects referenced in the budget documents.
