Far West council accepts FY2024 audit; approves minutes, bills, business licenses and a sign permit

Far West City Council · January 17, 2025

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Summary

At its Jan. 16 meeting the Far West City Council unanimously accepted the FY2024 audit reporting a clean opinion and healthy fund balances, approved minutes and payment of bills, and granted several local business licenses and a non-illuminated wall sign permit.

The Far West City Council on Jan. 16 unanimously accepted the city’s fiscal year 2024 audit, approved minutes and bills, and granted several business licenses and a sign permit.

The auditor presented an unmodified opinion on the FY2024 financial statements and highlighted key figures: general-fund unrestricted cash of about $1.7 million, restricted general-fund balances (park impact fees $279,000; Class C roads $253,000; local option roads $776,000), capital-projects cash near $4.7 million and an unassigned general-fund balance at roughly 34% of revenues. The auditor told the council there were no internal-control findings and one state-compliance item recommending that the governing body formally review monthly financial reports.

Councilmember Boyd moved to accept the audit; the motion was seconded and carried on roll call. The mayor called roll and the following councilmembers answered in the affirmative: Bob; Dave; Boyd; Katie; Kim. The auditor recommended council approval to finalize the audit and close the fiscal year records.

The council then handled routine consent items and approvals. Members voted to approve the Jan. 2 meeting minutes and to pay the bills dated Jan. 15; both motions passed unanimously.

Licenses and permits approved included: - Peak Power CC LLC (applicant: Chance Clark): home-based business license; no representative present and the council approved based on submitted information. - Wasatch Compressor Pump and Valve (applicant: Dustin Smith): home-based service and distribution of rotating equipment (compressors, pumps, blowers). Applicant Dustin Smith told the council most work will occur off-site, parts will be drop-shipped to customers and the home address is for bookkeeping and minimal inventory. Smith said any service truck would be parked in the garage or driveway; council members emphasized limits on deliveries, signage and yard storage to avoid neighborhood impacts before approving the license. - Wall sign permit for Honey Bucket (representative Robin Stout, Davis Signs): the proposed non-illuminated cabinet sign at 2990 N. 2000 W. was found to meet the city's sign ordinance standards and the council approved the permit after the applicant confirmed setbacks and non-illuminated design.

Motions on the business licenses and the sign were made, seconded and approved with unanimous voice votes.

No items were continued or tabled; the meeting proceeded to the financial update and other business.