Mona spent $240,431 less than its fiscal 2025 general fund budget

Mona's general fund spent $701,294 in the fiscal year that ended June 30, 2025, which was $240,431 less than its $941,725 final budget, according to the budget-to-actual schedule in the city's audit. ^[1]

Every department came in under budget. Streets and sanitation spent $273,588 of $376,000, general government $297,313 of $367,725, parks and recreation $91,002 of $128,000, public safety $13,721 of $34,000 and the cemetery $25,669 of $36,000. ^[1]

The audit's notes say that for fiscal 2025, "departmental expenditures were under appropriations." ^[2]

Revenue and the fund balance

The council raised the revenue budget during the year from $1,049,620 to $1,184,620. Actual revenue was $1,179,812, or $4,808 below the final budget. ^[1]

After a $233,000 transfer out, the general fund's balance rose $245,519, from $590,401 to $835,920. ^[3]

The next two budgets

The city's fiscal 2027 State Budget Report shows general fund revenue of $1,753,610 in the fiscal 2026 budget column and $1,324,240 in the fiscal 2027 column. The fiscal 2026 figure includes $244,927 in state grants and a $65,703 transfer from the water fund. The water fund page lists the matching $65,703 transfer to the general fund. ^[6][9]

Each year's expenditure side includes a line labeled "Fund balance budgeted increase": $396,335 for fiscal 2026 and $254,740 for fiscal 2027. ^[8]

The streets improvement line shows $931 spent in fiscal 2025, with $70,000 budgeted for fiscal 2026 and $90,000 for fiscal 2027. ^[7]

The state's limits

The audit's budget note says state law bars the city from appropriating general fund balance below 5% of general fund revenues. It also says any unreserved general fund balance "greater than 35% of the next year's budgeted revenues must be appropriated within the following two years." ^[4]

Fund balance was one of the areas tested in the auditor's state compliance report, which found that Mona complied in all material respects with the requirements tested for fiscal 2025. ^[5]