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Santaquin posts first-quarter financial report; capital projects and enterprise funds highlighted
Summary
Finance staff presented the first-quarter budget report covering July 1–Sept. 30, 2025. General fund revenues and expenditures were near expected first-quarter levels; capital projects including Main Street and the new library continue, and a $13 million sewer treatment project is in early stages.
Finance Director Shannon presented the city's first-quarter financial report for July 1–Sept. 30, 2025, as required by state law.
Shannon said general fund total revenues were about 21% of the annual budget at the end of the quarter and total expenditures about 22%, which staff described as normal because property-tax receipts typically arrive in…
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