August 5, 2025 Public Hearing - Enterprise Fund Transfer
Notice Type(s)
Notice,
Hearing
Event Start Date & Time
August 5, 2025 06:30 PM
Description/Agenda
Murray City Corporation - REVISED NOTICE OF PUBLIC HEARING
NOTICE OF INTENT TO TRANSFER ENTERPRISE FUNDS, PURSUANT TO TITLE 10 CHAPTER 6 OF THE UTAH CODE, AND NOTICE OF ENTERPRISE FUND HEARING.
Murray City Corporation intends to transfer real property from the stormwater utility enterprise fund to the general fund as part of the Fiscal Year 2025-2026 budget (July 1, 2025 - June 30, 2026). This transfer will be used in supplementing City services. Additionally, the public works department will provide in-kind demolition services by demolishing a storage building located at the real property at the City's sole cost. Estimated amounts to be transferred from the stormwater utility enterprise fund to the general fund are as follows: approximately 0.3-acre parcel of real property located at 440 West Jensen Lane, Murray, Utah, with a book value of $171,099.00; in-kind demolition services with an approximate value of $20,000.00; 7.19 % of fund expenditures.
The Murray City Council will hold a public enterprise fund hearing on August 5, 2025, at 6:30 p.m. in the Council Chambers at 10 East 4800 South, Room 150, Murray, Utah 84107, to receive public comment on the proposed enterprise fund transfers and to comment on enterprise fund accounting data. Interested parties are invited to attend and make comment.
Dated this 8th day of July 2025.
MURRAY CITY CORPORATION
___________________________
Brooke Smith City Recorder
Notice of Special Accommodations (ADA)
Special accommodations for the hearing or visually impaired will be made upon a request to the Office of the Murray City Recorder, 801-264-2660. The City would appreciate notification two working days prior to the meeting. TDD number is 801-264-2508.
Notice of Electronic or Telephone Participation
Council Members may participate in the meeting via telephonic communication. If a Council Member does participate via telephonic communication, the Council Member will be on speaker phone. The speaker phone will be amplified so that the other Council Members and all other persons present in the Council Chambers will be able to hear all discussions.
Other Information
The Council meets the first and third Tuesday of each month. An annual meeting schedule is adopted and published in a newspaper of general circulation at the beginning of the year. Meeting agendas are also published on the City's website, as are approved