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.
Amended by Chapter 84, 2021 General Session
Amended by Chapter 345, 2021 General Session