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Box Elder finance officer gives midyear budget update; general fund tracking slightly higher than expected
Summary
Finance officer Renee Baker reported June and midyear figures, noting general fund revenues tracking slightly above budget, enterprise funds in good shape, TIF receipts and capital projects progress, and upcoming midyear amendments and transfers.
Renee Baker, Box Elder finance officer, presented the midyear budget review at the Aug. 5 council meeting.
Baker said June revenues came in at approximately $2.1 million with expenses of about $3.9 million for that month; she summarized year-to-date figures stating the general fund had received about $44 million in revenue and expended about $5.2…
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