COVID-19 shrinks PARC tax pot to $920,000; council first hears of $3 million Boat Harbor plan; capital budget trimmed
April 21, 2020, 4:00 p.m. · Held electronically (COVID-19 emergency)
The PARC tax advisory board presented $920,000 in recommended grants, down $230,000 because of COVID-19, including $150,000 toward a $3 million Boat Harbor project that council members said they were hearing about for the first time. Staff then walked through fiscal 2021 water, sewer and capital budgets: an $18.34 million water line financed 85% by a state loan, a $1.5 million Bureau of Reclamation grant for pressurized irrigation meters, $8.4 million in public safety bonds expected at about 1.8%, and $1.96 million for pavement management, which Rob Shelton said should be $500,000 higher.
From the approved minutes.
Decisions at a glance
| Item | Result |
|---|---|
| PARC tax advisory board recommendations | Discussed |
| FY2021 water, sewer, perpetual care, capital, broadband and IT budgets | Discussed |
Agenda, item by item
Item 1 · Parks
PARC tax advisory board recommendations
Discussed
Board chair Brian Thompson said available funds fell from $1.15 million to about $920,000. Recommendations included full funding for the DUP ($1,200) and Friends of the Library dictionary project, four sewing machines for the New Friends Quilt Circle, two Harrington concerts in the park (about $2,750 each), Fork Fest and Chalk Fest, reduced Timpanogos Arts Foundation funding, $110,000 for library reading room renovation, and $150,000 of a $300,000 request for the Boat Harbor. Community Services Director Camden Bird said the Boat Harbor phase one (restrooms, rental facility, plaza, beach, parking and entry building) is budgeted at about $3 million with a $1.5 million Utah County restaurant tax match; Carroll and Shelton said the council had not been briefed. Council members asked large recipients to submit five-year plans.
- Grant$920,000
- Grant$150,000
- Grant$110,000
Item 2 · Budget
FY2021 water, sewer, perpetual care, capital, broadband and IT budgets
Discussed
Culinary water: an $18.34 million water line, 85% funded by a state loan applied for with the rest from water impact fees; 20% of debt service ($161,000) from the water fund; a city engineer added; 3% raises; no CDBG grant expected. Secondary water: a $1.5 million Bureau of Reclamation grant for PI meters with a $1.6 million city match (phase one $3.1 million, covering 25-30% of meters); culinary water subsidizes secondary water by $870,000, which Shelton said should be treated as a loan. Reserves after targets: culinary $13.3 million, secondary $7.8 million. Capital: $8.4 million public safety (bonds closing May 6 at about 1.8%; $6.4 million for a fire station and shooting range plus $2 million for land), $4.8 million parks (200 South bike/pedestrian path, MAG-funded), $4.22 million public works including $1.96 million pavement management (of $2.2 million requested) and $1.098 million for the 700 North connection; the Art Dye roundabout budget was cut $150,000 because estimates came in under $500,000. Shelton wanted the $500,000 he recalled from the 2007 property tax increase for roads; staff calculated $252,000.
- Bond$18.3 million to Utah Board of Water Resources
- Grant$1.50 million to U.S. Bureau of Reclamation
- Bond$8.40 million
- Budget$1.96 million
- Budget$1.10 million