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HomeMy WebLinkAbout001 of 2026 - Budget FY 2027 - Tentative Budget for the Capital Projects Fund of the Local Building AuthorityResolution No. 1 of 2026 Adopting the Tentative Budget for the Capital Projects Fund of the Local Building Authority of Salt Lake City, Utah for Fiscal Year 2026-2027 A resolution adopting the tentative budget for the Capital Projects Fund of the Local Building Authority of Salt Lake City, Utah, for the fiscal year beginning July 1, 2026, and ending June 30, 2027. PREAMBLE WHEREAS, the Salt Lake City Council has created the Local Building Authority of Salt Lake City, Utah (the “Building Authority”), and has appointed Mary Beth Thompson as the Budget Officer of the Building Authority (the “Budget Officer”); and WHEREAS, the Budget Officer has filed with the Board of Directors (the “Board”) of the Building Authority a tentative budget for the capital projects fund of the Building Authority; and WHEREAS, the Board is required to review, consider, and tentatively adopt the tentative budget in a regular or special meeting called for that purpose; and WHEREAS, the tentative budget adopted by the Board and all supporting schedules and data shall be a public record in the office of the Secretary of the Building Authority, available for public inspection at the Building Authority’s principal place of business during regular business hours for a period of at least seven days before the adoption of the final budget and shall be published, at least seven days before the adoption of the final budget in a public meeting, (a) on the Utah Public Notice Website and (b) on the Building Authority’s official website or, if the Building Authority does not maintain an official website, on the official website of Salt Lake City Corporation; and WHEREAS, at the meeting in which the tentative budget for the capital projects fund is adopted, the Board shall establish the time and place of a public hearing to consider the adoption 02.Res.FY27.MRB TentativeLBA 2 and shall order that notice thereof be given at least seven days before the hearing (a) by publishing on the Utah Public Notice Website and (b) by publishing on the Building Authority’s official website or, if the Building Authority does not maintain an official website, on the official website of Salt Lake City Corporation. NOW, THEREFORE, be it resolved by the Board of Directors of the Local Building Authority of Salt Lake City, Utah, as follows: 1. The tentative budget for the capital projects fund of the Building Authority for the fiscal year 2026-2027, filed by the Budget Officer with the Board, is hereby adopted as the Building Authority’s tentative budget for the capital projects fund, and is ordered to be filed and maintained as a public record, available for public inspection in the office of the Secretary of the Building Authority, whose office is located at 451 South State Street, Room 451, Salt Lake City, UT 84111, until adoption of the final budget. 2. The Board shall hold a public hearing on the budget tentatively adopted. The public hearing shall be held at 7:00 p.m. on May 19, 2026 and June 2, 2026, at the City & County Building, 451 South State Street, Salt Lake City, Utah. Notice of the public hearing shall be given at least seven days before the hearing (a) by publishing on the Utah Public Notice Website and (b) by publishing on the Building Authority’s official website or, if the Building Authority does not maintain an official website, on the official website of Salt Lake City Corporation. At the public hearing, the Board shall give interested persons in attendance or connected remotely an opportunity to be heard on the estimate of revenues and expenditures or any item in the tentative budget of the capital projects fund. 3. This Resolution shall take effect immediately upon its approval and adoption. 02.Res.FY27.MRB TentativeLBA 3 Passed by the Board of Directors of the Local Building Authority of Salt Lake City, Utah, this 5th day of May, 2026. Alejandro Puy, LBA President ATTEST: Keith Reynolds, City Recorder APPROVED AS TO FORM Office of the City Attorney Date: By: 05/07/2026 Erika Carlsen (May 26, 2026 10:34:20 MDT) Erika Carlsen # U**,0 6ABF76 G697F G>>+;?7 CG;H3>7@F :3@97E8DA? 0 G697F 0 G697F #A53>G;>6;@9GF:AD;FK )7H7@G73@6&F:7D*AGD57E 0 79;@@;@93>3@57     >7D=;?D0H7DI<;HI<HEC$;D;H7B#KD:      >7D=;?D0H7DI<;H<HEC c,cCF79J#;;     +AF3>)7H7@G7E3@6&F:7D*AGD57EG697F        JB7@E7E3@6&F:7D,E7E 0 79;@@;@93>3@57     >7D=;?D!;8J/;HL?9;     >7D=;?D,HE@;9J EIJI +AF3>JB7@6;FGD7E3@6&F:7D,E7EG697F        G697F76D7H7@G7E3@6AF:7DEAGD57EAH7D G@67D7JB7@6;FGD7E3@6AF:7DGE7E  Q  Q (0'! %05 1)+2,!)''!( !  . #!-   %<35>6)'311)2()(8(+)7    #c/ (5".  02.Res.FY27.MRB_TentativeLBA Final Audit Report 2026-05-28 Created:2026-05-07 By:Caitlin Carlino (caitlin.carlino@slc.gov) Status:Signed Transaction ID:CBJCHBCAABAA8lRUJinQzPUVAOwkAiXUS0DYpYtEcTCx "02.Res.FY27.MRB_TentativeLBA" History Document created by Caitlin Carlino (caitlin.carlino@slc.gov) 2026-05-07 - 6:51:59 PM GMT Document emailed to Jaysen Oldroyd (jaysen.oldroyd@slc.gov) for signature 2026-05-07 - 7:08:06 PM GMT Email viewed by Jaysen Oldroyd (jaysen.oldroyd@slc.gov) 2026-05-07 - 8:50:25 PM GMT Document e-signed by Jaysen Oldroyd (jaysen.oldroyd@slc.gov) Signature Date: 2026-05-07 - 8:51:03 PM GMT - Time Source: server - Signature Appearance Selected: MOBILE_IMAGE Document emailed to alejandro.puy@slc.gov for signature 2026-05-07 - 8:51:05 PM GMT Email viewed by alejandro.puy@slc.gov 2026-05-08 - 6:30:20 AM GMT Caitlin Carlino (caitlin.carlino@slc.gov) added alternate signer Erika.Carlsen@slc.gov. The original signer alejandro.puy@slc.gov can still sign. 2026-05-22 - 7:34:54 PM GMT Document emailed to Erika.Carlsen@slc.gov for signature 2026-05-22 - 7:34:55 PM GMT Email viewed by Erika.Carlsen@slc.gov 2026-05-24 - 8:30:18 PM GMT Email viewed by Erika.Carlsen@slc.gov 2026-05-26 - 2:10:24 PM GMT Signer Erika.Carlsen@slc.gov entered name at signing as Erika Carlsen 2026-05-26 - 4:34:18 PM GMT Document e-signed by Erika Carlsen (Erika.Carlsen@slc.gov) Signature Date: 2026-05-26 - 4:34:21 PM GMT - Time Source: server - Signature Appearance Selected: TYPE Document emailed to Keith Reynolds (Keith.Reynolds@slc.gov) for signature 2026-05-26 - 4:34:22 PM GMT Email viewed by Keith Reynolds (Keith.Reynolds@slc.gov) 2026-05-26 - 9:40:30 PM GMT Document e-signed by Keith Reynolds (Keith.Reynolds@slc.gov) Signature Date: 2026-05-28 - 3:15:42 PM GMT - Time Source: server - Signature Appearance Selected: IMAGE Agreement completed. 2026-05-28 - 3:15:42 PM GMT