| 1. |
Informational: Economic Forecasting Presentation |
~ 1:00 p.m. |
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30 min. |
The Council will receive a presentation from Natalie Gochnour, Director of the Kem C. Gardner Policy Institute, on current economic forecasts, including trends and conditions that relate to the upcoming fiscal year budget deliberations.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - n/a
Hold hearing to accept public comment - n/a
TENTATIVE Council Action - n/a |
The Council will now convene as the CRA Board. The Work Session will resume immediately following the 1:45 PM Community Reinvestment Agency Meeting.
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| 2. |
Resolution: Issuance of Airport Revenue Bonds, Series 2025 |
~ 3:30 p.m. |
|
20 min. |
The Council will receive a briefing about a parameters resolution authorizing the issuance and sale of not more than $700 million aggregate principal amount of one or more series of Airport Revenue Bonds, series 2025, for the purpose of financing and refinancing certain Capital Improvements to the Salt Lake City International Airport. The Council's action includes authorizing the execution of a supplemental indenture, a bond purchase agreement, and other documents as required.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, June 3, 2025
Hold hearing to accept public comment - Tuesday, July 1, 2025 at 7 p.m.
TENTATIVE Council Action - Tuesday, June 3, 2025 |
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| 3. |
Fiscal Year 2025-26 Budget: Administration’s Overview |
~ 3:50 p.m. |
|
30 min. |
The Council will receive an overview from the Administration of the Mayor’s Recommended Budget for Salt Lake City for Fiscal Year 2025-26.
For more information visit https://tinyurl.com/SLCFY26.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, April 15, 2025
Hold hearing to accept public comment - Tuesday, May 20, 2025 and Tuesday, June 3, 2025 at 7 p.m.
TENTATIVE Council Action - TBD |
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| 4. |
Fiscal Year 2025-26 Budget: Council Staff Overview |
~ 4:20 p.m. |
|
45 min. |
The Council will receive an overview from Council Staff of the Mayor’s Recommended Budget for Salt Lake City for Fiscal Year 2025-26.
For more information visit https://tinyurl.com/SLCFY26.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, April 15, 2025
Hold hearing to accept public comment - Tuesday, May 20, 2025 and Tuesday, June 3, 2025 at 7 p.m.
TENTATIVE Council Action - TBD |
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5. |
Dinner Break |
~ 5:05 p.m. |
|
30 min. |
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing -
Set Public Hearing Date -
Hold hearing to accept public comment -
TENTATIVE Council Action - |
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| 6. |
Fiscal Year 2025-26 Budget: Fleet Fund |
~ 5:35 p.m. |
|
30 min. |
The Council will receive a briefing about the proposed Fleet Fund budget for Fiscal Year 2025-26, which provides vehicles, fuel, and vehicle maintenance and repair services for all City departments.
For more information visit https://tinyurl.com/SLCFY26.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, April 15, 2025
Hold hearing to accept public comment - Tuesday, May 20, 2025 and Tuesday, June 3, 2025 at 7 p.m.
TENTATIVE Council Action - TBD |
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| 7. |
General Obligation Bond for Parks, Trails, and Open Space – First Issuance Update and Second Issuance Funding Request |
~ 6:05 p.m. |
|
20 min. |
The Council will receive an update on projects funded by the first issuance of the General Obligation Bond for Parks, Trails, and Open Space (Series 2022), as well as considering the Administration’s request for the second issuance (Series 2025). The second issuance would fund nearly $35 million in new projects, such as the next stage of Glendale Park, and new investments in Allen Park, the Jordan River Corridor, and smaller parks, trails and open space projects in each Council district. These funds would also update salary amounts from early 2023 for bond-specific personnel to reflect inflation since that time. Voters authorized a bond of up to $85 million in 2022 to be dedicated to acquiring, improving, renovating and upgrading parks, trails, open space and related amenities.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - n/a
Hold hearing to accept public comment - n/a
TENTATIVE Council Action - n/a |
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| 8. |
Council Policy Manual: Communication Budget Discussion Follow-up |
~ 6:25 p.m. |
|
20 min. |
The Council will hold a follow-up discussion about the Communication Budget section of the Council Policy Manual and discuss options for how to update the policy.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, April 15, 2025 and Tuesday, May 13, 2025
Set Public Hearing Date - n/a
Hold hearing to accept public comment - n/a
TENTATIVE Council Action - n/a |
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| 9. |
Fiscal Year 2025-26 Budget: Finance Department |
Written Briefing |
|
- |
The Council will receive a written briefing about the proposed Finance Department budget for Fiscal Year 2025-26.
For more information visit https://tinyurl.com/SLCFY26.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, April 15, 2025
Hold hearing to accept public comment - Tuesday, May 20, 2025 and Tuesday, June 3, 2025 at 7 p.m.
TENTATIVE Council Action - TBD |
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| 10. |
Ordinance: Library Budget Amendment No.2 for Fiscal Year 2024-25 |
Written Briefing |
|
- |
The Council will receive a written briefing about an ordinance that would amend the budget for the Library Fund for Fiscal Year 2024-25. Budget amendments happen several times each year to reflect adjustments to the City’s budgets, including proposed project additions and modifications. The proposed amendment includes required annual true-ups of property tax increments that go to the Utah Inland Port Authority, Convention Center Hotel, and the Community Reinvestment Agency of Salt Lake City.
FYI – Project Timeline: (subject to change per Chair direction or Council discussion)
Briefing - Tuesday, May 13, 2025
Set Public Hearing Date - Tuesday, May 6, 2025
Hold hearing to accept public comment - Tuesday, May 20, 2025 at 7 p.m.
TENTATIVE Council Action - Tuesday, May 20, 2025 |
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