Continuing story · Holladay: reserves, road bonds and City Hall bonds · all updates, newest first →
Holladay: reserves, road bonds and City Hall bonds · From the recordsHolladay's May 2026 budget work meeting lists $50.4 million in fiscal 2026-27 spending
Minutes of the May 14, 2026 work meeting record projected spending, revenue, unassigned fund balance and the building authority transfer.
Continuing storyHolladay: reserves, road bonds and City Hall bonds
Minutes of the Holladay City Council's May 14, 2026 work meeting on the fiscal 2026-27 budget record projected expenditures of $50,400,000. They list overall revenue as $35 million and say about $15 million is planned to be spent through the Local Building Authority. [1]
What the minutes record
Property tax is 24% of revenue and sales tax is 21%, with a budgeted sales tax increase of 3.62%. [1]
General Fund unassigned fund balance is $8,141,000. Capital Projects Fund balance is $7.8 million in 2026, with $879,000 budgeted for use in 2027. The redevelopment agency has $1.5 million of budgeted fund balance use in 2026. [1]
The minutes record a 2.7% cost-of-living adjustment, a $585,000 personnel increase and a transfer to the authority for 2025 bond debt service of $492,000. [1]
Sources
Reporting by The Utah Ledger from the public records above. AI-assisted; paragraphs link to their sources.
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