Transmittal - 7/1/2021
MARY BETH THOMPSON
Chief Financial Officer
ERIN MENDENHALL
Mayor
DEPARTMENT OF FINANCE
POLICY AND BUDGET DIVISION
451 SOUTH STATE STREET, ROOM 238
PO BOX 145467, SALT LAKE CITY, UTAH 84114-5455 TEL 801-535-6394
CITY COUNCIL TRANSMITTAL
___________________________________ Date Received: ________________
Lisa Shaffer, Chief Administrative Officer Date sent to Council: ___________
______________________________________________________________________________
TO: Salt Lake City Council DATE: May 4, 2021
Amy Fowler, Chair
FROM: Mary Beth Thompson, Chief Financial Officer
SUBJECT: Salt Lake City Library Budget Amendment #2
SPONSOR: NA
STAFF CONTACT: John Vuyk, Budget Director (801) 535-6394 or
Mary Beth Thompson (801) 535-6403
DOCUMENT TYPE: Budget Amendment Ordinance
RECOMMENDATION: The Administration recommends that, subsequent to a public hearing,
the City Council adopt the following amendments to the FY 2020-21 Library Fund adopted
budget.
BUDGET IMPACT:
REVENUE EXPENSE
LIBRARY FUND $ 270,000.00 $ 270,000.00
LIBRARY CAPITAL PROJECTS FUND 0.00 0.00
TOTAL $ 270,000.00 $ 270,000.00
Lisa Shaffer (May 11, 2021 09:31 MDT)
BACKGROUND/DISCUSSION:
On April 26th, the Salt Lake City Public Library’s Board of Directors approved a budget
amendment for the Library Fund that would leave an unrestricted fund balance well above the 16
percent target balance. The Administration is requesting the City Council adopt the proposed
budget amendment of $270,000.00 for the Library Fund.
PUBLIC PROCESS: Public Hearing
SALT LAKE CITY ORDINANCE
No. ______ of 2021
(Second Amendment of the Final Budget for the Library Budget of
Salt Lake City, Utah for Fiscal Year 2020-21)
An ordinance amending Salt Lake City Ordinance No. 25 of 2020 which adopted the
final budget for the Library fund of Salt Lake City, Utah, for the fiscal year beginning July 1,
2020 and ending June 30, 2021.
PREAMBLE
On June 16, 2020, the Salt Lake City Council adopted the final budget for the Library
fund of Salt Lake City, Utah for the fiscal year beginning July 1, 2020 and ending June 30, 2021,
in accordance with the requirements of Section 10-6-118 of the Utah Code.
The City’s Budget Director, acting as the City’s Budget Officer, prepared and filed with
the City Recorder proposed amendments to said duly adopted budget, copies of which are
attached hereto, for consideration by the City Council and inspection by the public.
All conditions precedent to amend said budget have been accomplished.
Be it ordained by the City Council of Salt Lake City, Utah:
SECTION 1. Purpose. The purpose of this Ordinance is to amend the final budget for
the Library fund of Salt Lake City as approved, ratified and finalized by Salt Lake City
Ordinance No. 25 of 2020.
SECTION 2. Adoption of Amendments. The budget amendments, attached hereto and
made a part of this Ordinance shall be, and the same hereby are adopted and incorporated into
the budget for the Library fund of Salt Lake City, Utah for the fiscal year beginning July 1, 2020
and ending June 30, 2021, in accordance with the requirements of Section 10-6-128, of the Utah
Code.
2
SECTION 3. Certification to Utah State Auditor. The City’s Policy and Budget
Director, acting as the City’s Budget Officer, is authorized and directed to certify and file a copy
of said budget amendments with the Utah State Auditor.
SECTION 4. Filing of copies of the Budget Amendments. The said Budget Officer is
authorized and directed to certify and file a copy of said budget amendments in the office of said
Budget Officer and in the office of the City Recorder which amendments shall be available for
public inspection.
SECTION 5. Effective Date. This Ordinance shall take effect on its first publication.
Passed by the City Council of Salt Lake City, Utah, this _____ day of _______________,
2021.
________________________
CHAIRPERSON
ATTEST:
______________________________
CITY RECORDER
Transmitted to the Mayor on __________________
Mayor’s Action: ____ Approved ____ Vetoed
_________________________
MAYOR
ATTEST:
_______________________________
CITY RECORDER
(SEAL)
Bill No. _________ of 2021.
Published: ___________________.
Salt Lake City Attorney’s Office
Approved As To Form
_________________________
Jaysen Oldroyd
Date:____________________
MEMO | April 19, 2021
To: Salt Lake City Public Library Board of Directors, Salt Lake City Administration and City Council
From: Peter Bromberg, Executive Director
Re: Budget Amendment 2 for FY2020-21
Library Administration is requesting a $270,000 increase to the FY21 general fund budget. This increase
is required to budget and account for pass-through property tax revenue collected by Salt Lake County
and remitted directly to the Utah Inland Port Authority and the Convention Facility. Neither of these
entities has taxing authority, so the respective governments with taxing authority to which the tax
revenues would have gone must show the revenue and a corresponding expenditure in their financial
statements as required by Governmental Accounting Standards Board Statements 33 and 77. This
requirement was noted as part of the Salt Lake City’s FY 2020 audit, and the issue has been discussed
with Paul Skeen, the Library’s independent auditor, and Seth Oveson from the Office of the State Auditor
of Utah, both of whom confirmed this requirement. The City has a similar amendment moving through
the approval process.
Administration is requesting that this amendment be approved at the April 26, 2021 meeting, so the
amendment can be forwarded to the Salt Lake City Administration and City Council. The amendment is
time sensitive and needs to be approved by both the Library Board and Salt Lake City Council prior to the
end of FY2021.
General Fund – Proposed increase of $270,000
Account Name Budget
Amount
Requested
Amount
Amended
Amount
Funding Sources
CY Property Taxes-Pass Through $0 $270,000 $270,000
Totals $0 $270,000 $270,000
Expenditures
Payments to Other Governments $0 $270,000 $270,000
Totals $0 $270,000 $270,000
Recommended Motion:
Move to approve an increase to the Library’s FY21 general fund budget of $270,000.
City Budget Director Analyst, City Council Date