Title 10, Title 10: Utah Municipal Code

10-5-105. Revenue and expenditure records. Towns shall record their revenues and expenditures according to current generally accepted accounting principles prescribed by the state auditor.

10-5-106. Funds for which budget prepared. The mayor shall prepare for each budget year a budget for: (1) the town general fund, including state allocated road funds; (2) special revenue funds; (3) debt service funds; (4) capital improvement funds; and (5) enterprise funds.

10-5-107. Tentative budgets required for public inspection -- Contents -- Adoption of tentative budget. (1) On or before the first regularly scheduled town council meeting of May, the mayor shall: in accordance with Subsection, prepare for the ensuing year a tentative budget for …

10-5-107.5. Transfer of enterprise fund money to another fund -- Notice. (1) As used in this section: "Budget hearing" means a public hearing required under Section. 10-5-108 "Enterprise fund accounting data" means a detailed overview of the various enterprise funds of the town t…

10-5-108. Budget hearing -- Notice -- Adjustments. (1) Prior to the adoption of the final budget or an amendment to a budget, a town council shall hold a public hearing to receive public comment. (2) The town council shall provide notice of the place, purpose, and time of the pub…

10-5-109. Adoption of budgets -- Filing. (1) Before June 30 of each year, or September 1 in the case of a property tax rate increase under Sectionsthrough, the council shall by resolution or ordinance adopt a budget for the ensuing fiscal year for each fund for which a budget is …

10-5-110. Budgets effective for year -- Amendment -- Public access. On final adoption, each budget shall be in effect for the budget year, subject to later amendment. A copy of each adopted budget shall be available to the public during regular business hours.

10-5-111. Basis for property tax levy. From the effective date of the budget or of any amendment enacted prior to the date on which property taxes are levied, the amount stated therein as the amount of estimated revenue from property taxes shall constitute the basis for determini…

10-5-112. Property tax levy set by ordinance -- Maximum -- Certification. (1) Before June 22 of each year, or September 1 in the case of a property tax rate increase under Sectionsthrough, the council, at a regular meeting or special meeting called for that purpose, shall by ordi…

10-5-112.4. Property taxes levied for specified services -- Special revenue fund -- Limitations on expenditures. (1) A town may account separately for the revenues derived from a property tax, that is lawfully levied for a specific purpose, in accordance with this section. (2) To…

10-5-112.5. Property tax levy for culinary water, wastewater treatment, hospitals, and recreational facilities. (1) A town may levy a property tax for a purpose described in this section. (2) A town that is not in an improvement district created to establish and maintain a wastew…

10-5-113. Accumulation of retained earnings or fund balance -- Limit as to general fund -- Reserve for capital improvements. (1) A town may accumulate retained earnings or fund balances, as appropriate, in any fund. (2) The accumulation of a fund balance in the town general fund …

10-5-114. Appropriations limited to estimated revenue. (1) The council may not make any appropriation in the final budget of any fund in excess of the estimated expendable revenue for the budget year of such fund. (2) If there is a deficit fund balance in a fund at the close of t…

10-5-115. Expenditures limited to appropriations -- Obligations in excess invalid -- Processing claims required. Town officers may not make or incur expenditures or encumbrances in excess of total appropriations for any department in the budget as adopted or as subsequently amend…

10-5-116. Transfer of unencumbered appropriation balance. The council may reduce or transfer any unencumbered or unexpended appropriation balance or portion thereof from one department in a fund to another within the same fund, but no appropriation for debt retirement and interes…

10-5-117. Increasing budget total of fund. Except for enterprise funds, which may be increased without a public hearing, the council may increase the budget total of one or more of these funds by following the procedures set forth in Section.

10-5-118. Emergency expenditures. (1) If the town council determines that an emergency exists, such as widespread damage from fire, flood, or earthquake, and that the emergency necessitates the expenditure of money in excess of the budget of the town general fund, the council may…

10-5-119. Special fund balance -- Disposition when fund no longer required. If the purpose for which a special fund was created no longer exists, and a balance remains in the fund, the town council shall authorize the transfer of the balance to the fund balance account in the tow…

10-5-120. Loans between funds -- Bonds purchased by funds. (1) Subject to this section, restrictions imposed by bond ordinance, or other controlling regulations, the town council may: subject to the restrictions in Section, authorize an interfund loan from one fund to another; an…

10-5-121. Records of council proceedings -- Clerk's records as evidence. The town clerk shall attend the meetings and keep the record of the proceedings of the council. Copies of all papers filed in the clerk's office and transcripts from all records of the council, if certified …

10-5-122. Signing and record of contracts by clerk. The town clerk shall countersign all contracts made on behalf of the town and shall maintain an indexed record of all such contracts.

10-5-123. Fund records maintained -- Pre-audit of claims and demands -- Certifications on check copy -- Bids received and advertisement records -- Time for keeping. (1) Except to the extent that the town clerk's financial duties and responsibilities are performed by a director of…

10-5-124. Warrants tendered for claims. If the town is without funds on deposit in one of its appropriate bank accounts with which to pay any lawfully approved claim, the town clerk may draw and sign a warrant on the treasurer of the town for payment of the claim, the warrant to …

10-5-125. Treasurer -- Duties. (1) The town treasurer is custodian of all money, bonds, or other securities of the town. (2) The town treasurer shall: determine the cash requirements of the town and provide for the investment of all money by following the procedures and requireme…

10-5-126. Receipts for payments to town -- Filing copies. The town treasurer shall give or cause to be given to every person paying money to the town treasury, a receipt or other evidence of payment therefor, specifying, as appropriate, the date of payment and on which account th…

10-5-127. Signing of checks -- Determination of sufficiency of account. (1) The town treasurer, or in his absence a deputy treasurer appointed by the council, shall sign all checks prepared by the town clerk. (2) Prior to affixing the signature, the treasurer or deputy treasurer …

10-5-128. Deposit of town funds -- Commingling with personal funds prohibited -- Suspension from office for unauthorized use or profit from town funds. (1) The treasurer shall promptly deposit all town funds in the appropriate bank accounts of the town. (2) It shall be unlawful f…

10-5-129. Annual financial report. (1) The town clerk or other designated person shall prepare and present to the council: a quarterly financial report; or upon request by the council, a financial report more frequently than each quarter; and an annual financial report within 180…

10-5-131. Uniform accounting and reporting procedures -- Forms -- Instructions. The state auditor, with the concurrence of the town fiscal committee, shall: (1) prescribe uniform accounting and reporting procedures for towns, in conformity with generally accepted accounting princ…

10-5-133. General fee for public safety service prohibited -- Exception. (1) As used in this section: "General fee" means a fee imposed generally on the public at large or on a segment of the public. "General fee" does not include: a fee that a town charges an identifiable user o…

10-5-134. Transportation utility fee. A town may impose and collect a transportation utility fee under the process described in Section, the same as if the town were a city.