Thursday , March 06, 2014 - 11:55 AM
BOUNTIFUL -- City officials are expected to consider raising water rates as part of the new fiscal year budget for 2013-14.
City Manager Gary Hill said needs to the city’s water infrastructure have city officials looking at the possibility of raising water rates. The city’s fiscal year runs July 1 to June 30.
The city council will consider a tentative budget at its May 14 meeting and is required to pass a finalized budget in June. Hill said the spending plan is a work in progress, with council review still required on some items.
Even with a possible increase, however, he said the spending plan will be conservative.
“As a new kid here this is very conservative,” Hill said of the budget. Hill became city manager earlier this year, replacing long-time city manager Tom Hardy.
A conservative approach to fiscal matters is not new for city officials. Bountiful has not raised property taxes for 31 consecutive years.
The city is currently operating under a $62 million spending plan for the current fiscal year. A lion’s share of the spending plan includes the operation of the Bountiful City Light & Power Company, the city owned utility. Almost $26 million of the existing budget is funding related to BCL&P.
Bountiful also owns its own landfill and golf course, which are also funded through the budget.
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