A records-only look at Bountiful's fiscal 2025 audited report and its fiscal 2027 adopted budget: net position, reserves, debt, the audit opinion and the redevelopment agency.
An Aug. 7 fire destroyed 88 poles on the city's 46-kV Echo hydro transmission line. The council awarded a cleanup contract on Sept. 8 and on Sept. 22 directed staff to tie into PacifiCorp's line, an option staff estimated at about $3.5 million.
An Aug. 7 fire destroyed 88 poles on the city's 46-kV Echo hydro transmission line. The council awarded a cleanup contract on Sept. 8 and on Sept. 22 directed staff to tie into PacifiCorp's line, an option staff estimated at about $3.5 million.
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The council adopted a 4% increase in metered power rates and customer charges in June. Staff said the power utility keeps 3.6 percentage points of it and 0.4 points go to the General Fund through a transfer the city sets at 10% of electric metered sales.
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The city reported substantial completion of its fiber network in May 2025, built with $45.5 million in sales tax revenue bonds. Its audited report shows a negative unrestricted net position, and staff reported 2,025 connections in January 2026.
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The agency's fund balance fell by nearly half in fiscal 2025 after a property purchase and $1.34 million in small-business loans. Separately, its board ratified a lease of 135 South Main Street to Lucky Slice LLC at $4,000 a month or 6% of defined gross profits.