Manti budgets $350,000 in utility transfers and $470,000 from reserves for its general fund

Manti's general fund, which pays for police, streets, parks and administration, spent $289,809 more than it took in during fiscal 2025, according to the city's audit. ^[1]

Expenditures were $3,057,535 and revenues were $2,767,726. A $250,000 transfer from the electric fund and $201,845 from the sale of general capital assets brought the fund to a $162,036 increase, ending the year at $1,471,441. ^[1][2]

The electric transfer

The audit's note on interfund transfers says "Transfers were made which will not be repaid. The transfers from the utility funds were made to finance programs in the General Fund." It lists the $250,000 as coming from the electric fund. ^[2]

The electric fund reported $730,688 in operating income for fiscal 2025. Its largest expense was $1,384,350 of purchased power. ^[4]

Fund balance in the fiscal 2025 budget

The general fund's original fiscal 2025 budget included $380,000 from fund balance, and the final budget raised that to $745,000. The actual column shows no fund balance used. ^[1]

The final budget for highways and public improvements was $1,080,700; actual spending was $675,548. The audit's management discussion says the highway budget was increased $447,300 for road repairs to match increased Class C road funds. ^[1][5]

The fiscal 2026-27 workbook

The budget workbook Manti filed with the State Auditor lists $350,000 in general fund transfers in for fiscal 2026-27, up from $250,000 in its 2025-26 budget column. A comment on the line reads "transfers from Water, Sewer, Electrical ($20,833.33 transferred monthly from Electrical)." ^[3]

The electric fund's transfers-out line lists $250,000. The water fund lists a new $100,000 transfer out, annotated "transfer to general fund (admin. fee)." ^[3]

The general fund also lists $470,000 from "Prior Yr Fund Bal Trans," annotated "funds from CVB & PTIF GF Projects (roads & parks, etc.)." The electric fund lists $200,000 from its own fund balance and $250,000 for machinery and equipment annotated "bucket truck." ^[3]

General fund revenues and expenditures are each listed at $3,741,700. ^[3]