A facts-only review of Hurricane's public financial records, starting with its $151 million fiscal 2026-27 budget, an audit presentation for fiscal 2024-25 that minutes describe as showing no findings, and borrowing limits set for a pool, a civic campus and electric projects.
On Oct. 1, Hurricane's council approved a lease-purchase agreement financing 75 lithium golf carts for $846,300 at 4.95%, with payments from Nov. 1, 2026 to Nov. 1, 2032. The city manager said the current carts were failing sooner than planned.
On Oct. 1, Hurricane's council approved a lease-purchase agreement financing 75 lithium golf carts for $846,300 at 4.95%, with payments from Nov. 1, 2026 to Nov. 1, 2032. The city manager said the current carts were failing sooner than planned.
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The City Council on Oct. 1 set a $24 million ceiling on electric revenue bonds for two substations and a transmission line along SR-7. The city manager put the work at about $21 million and said he expects impact fees to make the payments; the bonds are pledged to electric system revenues.
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On Oct. 1, Hurricane's Municipal Building Authority authorized up to $27 million in lease revenue bonds for a new police station and city hall, raising the maximum interest rate to 6.5% from the 6% in the draft. A public hearing is set for Nov. 5; the final amount has not been set.
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Hurricane raised its monthly storm drain fee from $4 to $11 in June. In September it adopted an ordinance replacing an earlier one with a tiered system that phases in charges over four years for nonresidential properties billed more than $100 a month, with Year 2 starting in July 2028.
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In December 2025, Hurricane awarded a $14,379,788 bid to build a new pool and authorized up to $8 million in sales tax revenue bonds. A February offering described $5.6 million of bonds, marked preliminary. The Ledger has not seen a record of the final sale.
