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Millcreek CRA adopts 2026–27 annual budget with balanced interfund transfers

Community Reinvestment Agency of Millcreek, Utah · June 22, 2026
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Summary

The Millcreek Community Reinvestment Agency unanimously adopted Resolution 26-05 on June 22, 2026, approving the CRA annual budget for the fiscal year July 1, 2026–June 30, 2027. Staff said no changes were made since the tentative budget and that interfund transfers were balanced across multiple project-area funds.

The Community Reinvestment Agency of Millcreek on June 22 adopted Resolution 26-05 to approve the CRA annual budget for the fiscal year beginning July 1, 2026, and ending June 30, 2027. The motion to adopt was moved by Board Member Silvia Catten and seconded by Board Member Nicole Handy; the vote was recorded as unanimous (Catten, DeSirant, Handy, Uipi, Chair Jackson).

Lisa Dudley, the agency’s HR-Finance Director, told the board that "no changes had been made to the Community Reinvestment Agency budgets since the tentative budget was presented." She explained staff completed the necessary balancing of transfers, including those related to the Housing Fund, and reviewed the budget summary for the City Center, West Millcreek, Woodland Avenue, Olympus Hills, MedTech, and Housing Fund areas. Dudley noted the summary presented revenues first, expenditures last, and showed projected fund balances for each CRA fund assuming actual revenues and expenditures align with the adopted budget.

The board’s adoption of Resolution 26-05 formalizes the CRA’s planned spending and transfers for the listed project-area funds for FY 2026–27. The resolution takes effect for the fiscal year starting July 1, 2026. The minutes do not record specific dollar amounts for each fund in the adopted budget in the transcript provided; those figures are recorded in the budget documents referenced by staff but are not specified in these minutes.

No public attendees or public comments were recorded in the minutes. The agency’s next procedural steps (such as publication of adopted budget documents or later amendments) were not specified in the minutes.