Annual authority budget -- Fiscal year -- Public hearing and notice required -- Auditor forms.

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3. Cities, Counties, and Local Taxing Units
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5. Authority Budget and Reporting Requirements
6. Annual authority budget -- Fiscal year -- Public hearing and notice required -- Auditor forms.

Affected by 63I-1-211 on 1/1/2029

Effective 7/1/2021
11-59-401. Annual authority budget -- Fiscal year -- Public hearing and notice required -- Auditor forms.

• (1) The authority shall prepare and its board adopt an annual budget of revenues and expenditures for the authority for each fiscal year.

• (2) Each annual authority budget shall be adopted before June 22.

• (3) The authority's fiscal year shall be the period from July 1 to the following June 30.

• (4)
  • (a) Before adopting an annual budget, the authority board shall hold a public hearing on the annual budget.
  • (b) The authority shall provide notice of the public hearing on the annual budget by publishing notice:
    • (i) at least once in a newspaper of general circulation within the state, one week before the public hearing; and
    • (ii) on the Utah Public Notice Website created in Section 63A-16-601, for at least one week immediately before the public hearing.
  • (c) The authority shall make the annual budget available for public inspection at least three days before the date of the public hearing.

• (5) The state auditor shall prescribe the budget forms and the categories to be contained in each authority budget, including:
  • (a) revenues and expenditures for the budget year;
  • (b) legal fees; and
  • (c) administrative costs, including rent, supplies, and other materials, and salaries of authority personnel.

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