HomeMy WebLinkAboutProposed Ordinance - 5/5/2026ORDINANCE NO. ____ 2026
Adopting the final budgets of Salt Lake City, including the
final budget of the Library Fund, for fiscal year 2026-2027
WHEREAS, the Budget Officer of Salt Lake City Corporation (the “City”) previously filed
tentative budgets, including the tentative budget for the Library Fund pursuant to Section 10-6-
111 of the Utah Code and also presented the corresponding property tax impact schedule pursuant
to Section 59-2-919 and 59-2-924 of the Utah Code; and
WHEREAS, on ___________, the City Council adopted the tentative budgets by
Resolution No. ___ of 2026; and
WHEREAS, each tentative budget adopted by the City Council and all supporting
schedules and data was a public record in the office of the City Recorder, available for public
inspection for a period of at least ten days prior to the adoption of the final budgets and was
published at least seven days before the adoption of the final budget.
WHEREAS, the City Council, held a public hearing on May 19, 2026, and on June 2, 2026,
to consider the adoption of the interim budget which includes a proposed tax rate increase provided
that, at least seven days prior to such hearings, notice thereof was published in accordance with
Utah Code § 63G-30-102(1) on the Utah Public Notice Website; on the homepage of the City’s
website; and in a public location within the municipality that is reasonably likely to be seen by
residents of the municipality.
WHEREAS, the City Council, held a property tax rate increase public hearing on August
11, 2026, and provided that, at least fourteen days prior to such hearings, notice thereof was
published in accordance with Utah Code Sections 59-2-919 and 59-2-924; and
WHEREAS, on ___________, the City Council adopted the interim budgets by Ordinance
No. ___ of 2026, which includes the establishment of the general fund revenue restricted fund for
01A.Ord.FY27.CityFinalBudget-August 2
the additional ad valorum tax revenue proposed to be generated by the City’s proposed tax rate
increase subject to the requirements of Utah Code Sections 59-2-919 and 59-2-924.
NOW, THEREFORE, be it resolved by the City Council of Salt Lake City, Utah, as
follows:
1. That the City’s final budgets, including the final budget for the Library, attached
hereto as Exhibit A, which also includes the property tax schedule attached hereto as Exhibit B,
are hereby adopted as the final budgets of the City for fiscal year 2026 through 2027.
2. That the City’s final budgets are ordered to be filed and maintained as public
records, available for public inspection in the office of the City Recorder, whose permanent office
is located at 451 South State Street, Room 415, Salt Lake City, UT 84111.
01A.Ord.FY27.CityFinalBudget-August 3
3.That the amount of the City’s general fund revenue that was set aside in a restricted
budget account until the date on which the City adopted final budgets is hereby released and may
be encumbered and expended pursuant to the City’s final budget adopted as Exhibit A.
4.Effective Date. This Ordinance shall take effect immediately after it has been published
pursuant to Utah Code § 10-3-711 and § 10-3-713.
Passed by the City Council of Salt Lake City, Utah, this _____ day of _______________, 2026.
Alejandro Puy, Council Chair
ATTEST:
Keith Reynolds, City Recorder
APPROVED AS TO FORM
Office of the City Attorney
Date: 04/27/2026
By: /s/Jaysen R. Oldroyd
Jaysen R. Oldroyd, Senior City Attorney
01A.Ord.FY27.CityFinalBudget-August 4
EXHIBIT A
01A.Ord.FY27.CityFinalBudget-August 5
EXHIBIT B