West Jordan has a balanced budget, says city finance directorMar 15, 2021 02:41PM ● By Erin Dixon
By Erin Dixon | [email protected]
“We are bringing to you a balanced budget,” said West Jordan finance director Danyce Steck. “Our revenues equal our expenses. We will not be using our reserves after this budget amendment.”
When the current fiscal year (FY 2020–2021) budget was adopted last June, city leaders planned to use $2.5 million to balance the budget. This is no longer necessary. The city is bringing in as much as it is spending.
“The increase in revenues comes from $5.19 million in federal CARES Act funding and an additional $6.19 million from higher than expected return from sales tax,” Steck said.
West Jordan has not had a balanced budget since at least FY 2012–2013, perhaps longer.
I think it would be fair to say that West Jordan City has not had a balanced budget in recent history,” Director of Community Affairs Tauni Barker said.
Where is the community arts theatre money?
“We’re asking to remove the community arts center [funds] back into reserves as a restricted reserve,” Steck said. “We’re not going to build it between now and June, so we need to put it back in.”