Erda's first-quarter report: $443,767 in income and $420,489 in expense

Erda recorded $443,767.46 in income and $420,488.69 in expense from July through September 2026, the first quarter of its fiscal year, according to the city's financial report dated Oct. 3. Net income for the quarter was $23,278.77. ^[1]

The report compares those figures with budget amounts of $2,857,730 for both income and expense: 15.5% of budgeted income and 14.7% of budgeted expense. ^[1]

Revenue

Licenses and permits made up $259,402.08 of the quarter's income. Building permits were $172,937.77, 43.2% of a $400,000 budget, and a line labeled "Permits Civil" recorded $84,870.25 with no budget amount printed. ^[1]

Tax revenue was $113,424.57, or 7.1% of $1,600,000 budgeted. Sales tax was $82,634.21 of $925,000, franchise tax $24,884.59 of $225,000 and property tax $5,905.77 of $450,000. ^[1]

Interest income was $61,269.75, 43.8% of a $140,000 budget. No Class C road allotment had been recorded against a $475,000 budget. ^[1]

Expense

Road maintenance was $151,989.77 of $565,000, and professional services under the city council budget were $139,020.43 of $420,000. Public safety spending was $100,402.74 of $450,000. ^[1]

The administration budget includes $175,000 for a line labeled "Permits Tooele," with no spending recorded through Sept. 30. ^[1]

In the FY2025-26 amended budget, the council added $175,000 to the recorder budget; a note says the adjustment covers some permits paid to Tooele County. The June 11 minutes describe the increase as being for civil inspections. ^[2][3]