Morgan's fiscal 2027 budget appropriates $1.1 million from the General Fund's beginning balance

Morgan City's fiscal 2027 budget report, filed with the Utah State Auditor, lists $1,106,470 under "Approp of Gen Fund Beg Ba" in its "2027 Final Budget" column. That is about 16% of the General Fund's $6,747,770 total. ^[1]

The fund's audited balance at June 30, 2025 was $1,676,589. The audit classifies $1,250,892 of it as restricted, $54,000 as nonspendable and $371,697 as unassigned. ^[2]

Where the 2027 money goes

The 2027 column budgets $1,500,000 for park improvements/splash, $500,000 for park impact fee spending and $500,000 for cemetery capital outlay. It also budgets a $500,000 transfer to the capital projects fund. ^[1]

On the revenue side, it lists $1,167,000 in state grants, up from $45,000 in the amended fiscal 2026 budget, and $500,000 in other grant revenue. ^[1]

Past budgets and results

The fiscal 2025 final budget appropriated $1,538,551 of fund balance. The audited results show the balance fell by $65,588, and expenditures came in $1,768,778 under the final budget. Most of that gap was in the road department, which spent $1,357,232 against a $2,594,700 final budget. ^[3]

For fiscal 2026, the original budget appropriated $874,170 of beginning balance and the amended budget $1,844,999. The report's year-to-date actual column, printed July 31, 2026, shows $4,923,638.31 in expenditures against $4,315,702.52 in revenue, a difference of $607,935.79. ^[1]