NOTICE TO PRICE CITY UTILITY CUSTOMERS
Price City's Tentative Budget for Fiscal Year 2021-22 includes a
proposed transfer of $2,107,440 from the Electric Fund to the
General Fund. This transfer represents 27% of the Electric Fund's
total budgeted expenditures. The purpose of the transfer is to pay
for administrative and overhead costs of the Electric Fund, as well
as to help cover the cost of services such as public safety, public
works, parks and recreation, and other general governmental
services.
The transfer assists in keeping property taxes in Price City low.
Private utility companies provide a return on investment in the
form of dividends to their investors; Price City provides
'dividends' to our rate payers in the form of low-cost services that
would otherwise be paid for by a significant increase in property
taxes or other user fees.
The Price City Council will hold an enterprise fund public hearing
on June 23, 2021, at 5:30 p.m. in the City Council Chambers
located at 185 East Main, Price, Utah, to discuss the proposed
transfer from the Electric Fund to the General Fund and to receive
public comment on the proposed transfer. Enterprise fund
accounting data for the Electric Fund will be presented during the
hearing.
Notice of Special Accommodations (ADA)
NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS
In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Sherrie Gordon at 435-636-3183.