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Panguitch packet shows $1.41 million in General Fund revenue year-to-date and $78,205 positive net position
Summary
The March 24 council packet shows General Fund revenue of $1,407,840.75 year-to-date against a $1.98 million budget and year-to-date expenditures of $1,329,635.33, leaving a reported $78,205.42 positive change in net position; water and sewer enterprise funds and several grant lines also appear in the packet.
Panguitch’s March 24, 2026 council packet includes detailed year-to-date financial statements showing $1,407,840.75 in General Fund revenue compared with a $1,977,889.00 budget and $1,329,635.33 in year-to-date expenditures. The packet reports a positive change in net position of $78,205.42 for the fiscal year to date.
The statement breaks out major revenue streams: sales and use tax of $262,293.86, resort tax of $218,116.46 and interest income of $101,258.72. Several grant and intergovernmental lines appear, including a CLEF library grant and airport grant receipts. On the expenditure side, administrative lines and core services are itemized; an entry labeled “Prevention Coalition” shows $245,370.82 in expenses against a $125,000 budgeted line on the administrative schedule as presented in the packet.
The packet also includes enterprise fund summaries. The Water Fund lists operating income YTD $308,164.62 with operating expense YTD $236,081.49 and bond principal/interest reflected in nonoperating lines. The Sewer Fund shows operating income YTD $235,645.39 and operating expense YTD $107,624.56, with separate debt-service allotments noted.
These materials were presented as part of the council packet; the provided transcript segments do not contain a recorded council vote, motions, or verbal discussion specific to these numbers. The packet materials indicate where staff and council may follow up (budget lines, grant reconciliations, and enterprise fund debt-service schedules) in subsequent meetings or agenda items.
