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Taylorsville RDA tentatively adopts $9.54 million budget, earmarks infrastructure funds for Bangerter and 5400 South
Summary
The Redevelopment Agency of Taylorsville City on May 7 tentatively adopted RDA Resolution No. 25-02, approving a tentative balanced FY2025–26 budget with projected expenses of $9,542,000 and a line item of $2.5 for infrastructure improvements tied to Bangerter and 5400 South; the vote was unanimous.
The Redevelopment Agency of Taylorsville City unanimously adopted a tentative balanced budget for the fiscal year beginning July 1, 2025, and ending June 30, 2026, during a May 7 meeting at Taylorsville City Hall.
Scott Harrington, the agency's chief financial officer and assistant city administrator, presented the budget and said projected expenses for the year are $9,542,000 and that tax revenues are continuing to outperform earlier estimates. "We budget conservatively so that we can be in balance," Harrington said, adding the agency may make a mid-year adjustment if needed.
The agency's materials break out spending by area; during questions Board Member Bob Knudsen asked about a "$2.5" entry under infrastructure improvements. Harrington said that amount is intended for work on Bangerter Highway and 5400 South. The transcript did not specify the monetary unit for the "$2.5" line item.
Bob Knudsen moved to tentatively adopt RDA Resolution No. 25-02; Board Chair Meredith Harker seconded. City Recorder Jamie Brooks called a roll-call vote. The tally recorded Ernest Burgess, Anna Barbieri, Bob Knudsen, Curt Cochran and Meredith Harker voting yes; the motion passed unanimously.
In the same meeting the board approved the minutes from the Feb. 5, 2025 meeting. Curt Cochran moved to approve the minutes; Knudsen seconded, and the board approved the motion by the same roll-call vote.
Board Chair Meredith Harker opened and closed the brief meeting; she noted there were no other matters for the RDA to consider. The meeting was adjourned at 6:22 p.m.
Votes at a glance • RDA Resolution No. 25-02 (Tentative balanced budget FY2025–26): Motion by Bob Knudsen; second by Meredith Harker; Yes—Ernest Burgess, Anna Barbieri, Bob Knudsen, Curt Cochran, Meredith Harker; Outcome—approved unanimously. • Approval of board minutes (Feb. 5, 2025): Motion by Curt Cochran; second by Bob Knudsen; Yes—Ernest Burgess, Anna Barbieri, Bob Knudsen, Curt Cochran, Meredith Harker; Outcome—approved unanimously.
What happens next: The resolution tentatively adopts the RDA's balanced budget; Harrington said staff may return with mid-year adjustments if revenues or spending trends change.
