Transmittal - 12/21/2023
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: ________________
Rachel Otto, Chief of Staff Date sent to Council: ___________
______________________________________________________________________________
TO: Salt Lake City Council DATE: December 19, 2023
Darin Mano, Chair
FROM: Mary Beth Thompson, Chief Financial Officer
SUBJECT: Salt Lake City Library Budget Amendment #1
SPONSOR: NA
STAFF CONTACT: Greg Cleary, City 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 2023-24 Library Fund adopted
budget.
BUDGET IMPACT:
REVENUE EXPENSE
LIBRARY FUND $ 229,670.00 $ 229,670.00
TOTAL $ 229,670.00 $ 229,670.00
Greg Cleary (Dec 19, 2023 15:43 MST)
Greg Cleary
12/21/2023
12/21/2023
rachel otto (Dec 21, 2023 09:12 MST)
BACKGROUND/DISCUSSION:
When the Salt Lake City Council (the Council) adopted the Library’s FY24 budget, the Library
was informed that the new growth used in projecting property taxes revenues would generate
about $200,000 more than the estimate used in preparing the budget. In addition, the amount
allowed for the judgment levy was $193,000 higher than was budgeted. The Council adopted the
higher amounts, which allowed the $393,000 difference to go to the Library’s fund balance.
Given the additional property tax revenue anticipated in FY24, Administration is proposing
amendments to the FY24 budget for the following items, totaling $229,670. The following memo
provides additional detail and information on this item.
PUBLIC PROCESS: Public Hearing
MEMO | November 20, 2023
To: Salt Lake City Library Board of Directors
From: Deborah Ehrman, Interim Executive Director
Re: Budget Amendment 1 for FY2023-24
When the Salt Lake City Council (the Council) adopted the Library’s FY24 budget, the Library was
informed that the new growth used in projecting property taxes revenues would generate about
$200,000 more than the estimate used in preparing the budget. In addition, the amount allowed for the
judgment levy was $193,000 higher than was budgeted. The Council adopted the higher amounts,
which allowed the $393,000 difference to go to the Library’s fund balance.
The Board may recall that the FY24 budget included a three percent total increase for longevity and
COLA. In addition, the percent increase used to budget the employee health insurance was about half
of the actual percent increase once quotes were received.
Given the additional property tax revenue anticipated in FY24, Administration is proposing amendments
to the FY24 budget for the following items:
1. An additional one percent increase to the COLA amount for all Library employees and an
adjustment in the employee health insurance rate to reflect the actual increase. The cost of
these two adjustments would be $166,240.
2. An increase of one FTE for the Safety team. The Library is experiencing a significant increase in
the number of safety related incidents across the system, and branches have expressed a need
for additional support from the Safety team. The cost of one additional safety associate would
be $63,430.
General Fund – Proposed increase of $229,670
Account Name Current Budget
Amount
Requested
Amt: COLA &
Insurance
Requested
Amt: Safety
Position
Amended
Budget
Funding Source
Fund Balance-Appropriated 4,023,640 166,240 63,430 4,253,310
Total Revenue $4,023,640 $166,240 $63,430 $4,253,310
Expenditures
Salaries & Wages-Regular 12,858,000 112,800 42,900 13,013,700
Social Security-Regular 984,900 8,500 3,200 996,600
Employee Insurance 2,316,500 28,600 9,800 2,354,900
State Retirement 1,777,300 16,000 6,900 1,800,200
Workers Compensation 38,600 340 630 39,570
Total Expenditures $17,975,300 $166,240 $63,430 $18,204,970
Recommended Motion:
Move to approve an increase in the Library’s FY24 General Fund budget of $229,670.
SALT LAKE CITY ORDINANCE
No. ______ of 2024
(Amending the Final Budget for the Library Budget of
Salt Lake City, Utah for Fiscal Year 2023-24)
An ordinance amending Salt Lake City Ordinance No. 28 of 2023, which adopted the
final budget for the Library fund of Salt Lake City, Utah, for the fiscal year beginning July 1,
2023 and ending June 30, 2024.
PREAMBLE
On June 23, 2023, 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, 2023 and ending June 30, 2024,
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. 28 of 2023.
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, 2023
and ending June 30, 2024, 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 _______________,
2024.
________________________
CHAIRPERSON
ATTEST:
______________________________
CITY RECORDER
Transmitted to the Mayor on __________________
Mayor’s Action: ____ Approved ____ Vetoed
_________________________
MAYOR
ATTEST:
_______________________________
CITY RECORDER
(SEAL)
Bill No. _________ of 2024.
Published: ___________________.
Salt Lake City Attorney’s Office
Approved As To Form
_________________________
Jaysen Oldroyd
Signature:
Email:
Alejandro Sanchez (Dec 21, 2023 08:47 MST)
alejandro.sanchez@slcgov.com