Hyrum's 2026-27 budget plans more utility spending than revenue in four funds
Hyrum's approved 2026-27 budget plans $3.54 million more spending than revenue in the electric fund, driven by $4.87 million in construction and special projects. Irrigation, storm water and culinary water also plan to spend more than they take in. The General Fund relies on a $1.62 million line for unappropriated fund balance.
Continuing story: Auditing Hyrum
Hyrum City's budget for the year that began July 1, 2026 plans to spend more than it takes in across four utility funds, largely because of construction, according to the city's state budget report. [2][3][4][5]
The report, generated Aug. 5, 2026, labels its 2026-27 column "Approved Budget." The June 18 council agenda listed Resolution 26-21 to adopt the 2026-27 operating budgets. [6][10]
Electric
The electric utility fund is budgeted at $15,316,000 in revenue and $18,859,492 in expenditures, a difference of $3,543,492. In the 2025-26 estimate column, the fund's revenue exceeded spending by $2,345,209. [2]
Planned electric spending includes $8,000,000 for power purchases, $4,870,000 for new construction and special projects, $500,000 for land and $282,600 for equipment. It also includes $491,000 of debt principal and $607,172 of interest. [1]
The fund's line for contributions to the General Fund is zero. [1]
Irrigation, storm water and culinary water
The irrigation fund plans $480,200 in revenue and $2,659,100 in spending, including $2,165,000 in new construction. Its revenue includes $390,000 in state and federal grants. [3]
The storm water section plans $463,300 in revenue and $1,575,900 in spending, including $1,362,500 in new construction. The fund's totals are labeled "Cash in Combined Fund" in the report. [4]
The culinary water fund plans $1,990,270 in revenue and $2,788,520 in spending, including $1,217,500 in new construction, a difference of $798,250. [5]
The sewer utility fund plans $2,485,650 in revenue and $2,430,934 in spending. [11]
The General Fund
The General Fund's revenue and expenditures are each $10,790,515. Its revenue includes $1,618,040 on a line titled "Trans fm/to gen fund unappr." [7][6]
The General Fund's contribution to the capital projects fund is zero for 2026-27, compared with $700,000 in fiscal 2025 and an estimated $315,000 in 2025-26. [8][9]
Budget figures are plans, not actual results. A budgeted difference between revenue and expenditure is not an operating loss: these budgets include capital construction and debt principal, which accounting statements treat differently. The 2025-26 column in the report is an estimate, not an audited figure.
Sources
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), electric department, pp. 54-55
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), electric utility fund totals
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), irrigation fund, pp. 57-59
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), storm water fund, pp. 60-62
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), culinary water fund, pp. 48-50
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), General Fund revenue
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), General Fund totals
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), General Fund transfers
- Hyrum City · Fiscal 2025 audited financial statements (HBME, LLC), statement of revenues, expenditures and changes in fund balances
- Utah Public Notice Website · Hyrum City Council June 18, 2026 meeting notice and agenda
- Hyrum City · Fiscal 2026-27 budget worksheet (state budget report, Aug. 5, 2026), sewer utility fund totals
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.