003 of 2021 - Local Building Authority Budget for Fiscal Year 2021-221
Resolution No. 3 of 2021
(Adopting the Final Budget for the Capital Projects Fund of the Local Building Authority
of Salt Lake City, Utah for Fiscal Year 2021-2022)
A Resolution Adopting the Final Budget for the Capital Projects Fund of the Local
Building Authority of Salt Lake City, Utah, for the remainder of the Fiscal Year Beginning July
1, 2021 and Ending June 30, 2022.
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 previously filed with the Board of Directors (the
“Board”) of the Building Authority a tentative budget for the capital projects fund of the
Building Authority (the Building Authority not having any operational expenses and therefore no
need for an operating budget); and
WHEREAS, on April 20, 2021, the Board adopted the tentative budget by Resolution
No. 1 of 2021; and
WHEREAS, the tentative budget adopted by the Board and all supporting schedules and
data was a public record in the office of the Secretary of the Building Authority, available for
public inspection for a period of at least ten days before the adoption of the final budget; and
WHEREAS, following due notice of a public hearing given at least seven days before the
hearing (a) by posting in three public places within Salt Lake City, Utah and (b) by publishing on
the Utah Public Notice Website created in Utah Code Section 63A-12-201, at its May 18, 2021,
and June 1, 2021 meetings, the Board held a public hearing on the budget tentatively adopted, at
which hearing all interested persons in attendance or connected remotely were given
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an opportunity to be heard on the estimates of revenues and expenditures or any item in the
tentative budget.
NOW, THEREFORE, be it resolved by the Board of Directors of the Local Building
Authority of Salt Lake City, Utah, as follows:
1. The purpose of this resolution is to adopt a final budget for the capital projects
fund of the Building Authority for fiscal year 2021-2022. All conditions precedent to the
adoption of the final budget have been accomplished.
2. The budget attached hereto and made a part of this resolution shall be, and the
same hereby is adopted as, the final budget for the capital projects fund of the Building Authority
for the remainder of the fiscal year 2021-2022, in accordance with the Fiscal Procedures for
Local Districts Act, Utah Code Title 17B, Chapter 1, Part 6.
3. The Budget Officer is hereby authorized and directed to certify and file a copy of
said final budget in the office of the Secretary of the Building Authority, whose permanent office
is located at 451 South State Street, Room 415, Salt Lake City, UT 84111 but which office is
temporarily located at 349 South 200 East, Salt Lake City, UT 84111, as required by Utah Code
Section 17B-1-615. Said final budget shall be available to the public for inspection during
regular business hours.
4. The Budget Officer is hereby authorized and directed to certify and file a copy of
said final budget with the State Auditor as required by Utah Code Section 17B-1-614 within 30
days after its adoption.
5. This Resolution shall take effect immediately upon its approval and adoption.
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Passed by the Board of Directors of the Local Building Authority of Salt Lake City, Utah,
this 15th day of June, 2021.
PRESIDENT
ATTEST:
SECRETARY
APPROVED AS TO FORM
__________________________ Boyd Ferguson, Senior City Attorney
Date: ________________________ Jun 28, 2021
Amy Fowler (Jun 29, 2021 10:54 MDT)
Cindy Trishman (Jun 29, 2021 17:06 MDT)
FY2021
Adopted
Budget
Full Time
Equivalent
Changes from
FY2021
Budget
FY2022
Budget
Local Building Authority (FC66)
Revenue and Other Sources
FY21 Beginning Balance 2,219,250
Change in Building Lease Revenue 3,975
Change in Transfers In 295,997
Appropriation of Cash (298,297)
Total Revenues and Other Sources Budget 1,675 2,220,925
Expenses and Other Uses
FY21 Beginning Balance 2,219,250
Change in Debt Service (1,125)
Change in Project Costs 2,800
Total Expenditures and Other Uses Budget 1,675 2,220,925
Budgeted revenues and other sources over
(under) expenditures and other uses 00
LBA KEY CHANGES
ISSUE
003 of 2021 LBA Budget
Final Audit Report 2021-06-29
Created:2021-06-28
By:Cindy Trishman (cindy.trishman@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAA2rbi0CbUwq_AzzG-sZahHsm9nGJtoMlh
"003 of 2021 LBA Budget" History
Document created by Cindy Trishman (cindy.trishman@slcgov.com)
2021-06-28 - 4:40:28 PM GMT- IP address: 204.124.13.151
Document emailed to Boyd Ferguson (boyd.ferguson@slcgov.com) for signature
2021-06-28 - 4:41:53 PM GMT
Email viewed by Boyd Ferguson (boyd.ferguson@slcgov.com)
2021-06-28 - 7:11:48 PM GMT- IP address: 204.124.13.151
Document e-signed by Boyd Ferguson (boyd.ferguson@slcgov.com)
Signature Date: 2021-06-28 - 7:11:55 PM GMT - Time Source: server- IP address: 204.124.13.151
Document emailed to Amy Fowler (amy.fowler@slcgov.com) for signature
2021-06-28 - 7:11:57 PM GMT
Email viewed by Amy Fowler (amy.fowler@slcgov.com)
2021-06-29 - 4:54:14 PM GMT- IP address: 136.36.122.143
Document e-signed by Amy Fowler (amy.fowler@slcgov.com)
Signature Date: 2021-06-29 - 4:54:20 PM GMT - Time Source: server- IP address: 136.36.122.143
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2021-06-29 - 4:54:22 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
Signature Date: 2021-06-29 - 11:06:01 PM GMT - Time Source: server- IP address: 204.124.13.151
Agreement completed.
2021-06-29 - 11:06:01 PM GMT