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South Weber council backs stronger capital savings and asks staff for fund-by-fund projections
Summary
At a Feb. 7 retreat, the South Weber City Council directed staff to refine multi-year fund projections and debated a stronger sales-tax savings policy, with a motion to increase the baseline capital reserve to a $200,000 minimum and budget up to 25% of sales-tax receipts for FY27.
South Weber's council spent the bulk of its Feb. 7 retreat reviewing the city's finances and pressing staff for clearer, fund-by-fund projections before the FY27 budget is finalized.
Staff said the city's consolidated cash-on-hand across restricted and unrestricted funds is about $2.7 million but stressed that much of that total is earmarked for specific purposes. Brett, the staff presenter, told the council that restricted funds such as the LBA bond, impact-fee balances and…
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