With new businesses and housing developments springing up in recent months, it's no secret that this northern Utah County town is growing at a brisk pace. But the biggest indicator of growth here may be the city's proposed budget for the upcoming fiscal year.
The Lindon City Council has accepted the first draft of the proposed 1998-99 general fund budget that comes in at $4.9 million, a whopping $1.7 million above the current budget. Only three years ago, the city's total budget was $1.6 million.Much of the 1998-99 hike is the result of a proposed $1.2 million bond for a two-year, $2 million road-improvement project. The city is pledging 80 percent of annual Class C funds for repayment of the bond, said City Administrator Ott Dameron.
On May 19, members of the city council and the public works office toured the city from 11th East to Geneva Road and from 800 North to 200 South in order to evaluate road conditions. Improvement projects include the resurfacing of 24 roads and the reconstruction of various sidewalks, curbs and gutters.
Excluding the bond, the city's general fund has increased by 3 percent, thanks in part to the emergence of a home improvement chain that will indirectly help Lindon make some major improvements of its own.
The city expects to receive an estimated $250,000 in sales tax from the new Home Depot store, which will open this year. "It's considerable for a small city like ours," Dameron said of the windfall. It's a 50 percent increase over what the city earned last year in general sales and use tax, he added.
With that anticipated increase in the coffers, Lindon has budgeted $682,000 for various capital improvement projects, including parks, the 400 East Bridge, storm drains and a library.
The city has set aside $190,000 to begin work on a Lindon Pioneer Park, adjacent to Rocky Mountain Elementary on 500 East, this fall. Dameron said the new park will include a junior-sized soccer field, which could be turned into an ice skating rink in the winter.
Meanwhile, two irrigation companies will receive financial assistance for irrigation and culinary projects. The Water Resources Division board has promised $240,000 to Fairfield Irrigation Company to help pay for replacing its culinary water distribution system. The funds are also earmarked to add five fire hydrants, construct a 160,000-gallon water storage tank and install pumps.
The North Union Irrigation company will receive $99,000 to help pay for the replacement of canal lining and the instillation of new turnouts for a 1,700-foot pipe.
In addition, $50,000 is being set aside for a town library, should citizens approve a proposal later this year.
Dameron said the budget includes a 2 percent cost of living increase while operational expenditures have grown generally at 3 to 4 percent.
Other budget highlights:
- The council has approved a $300,000 line of credit to assist with the building of a new public works complex.
- About $26,000 has been allocated to the city cemetery to construct a perimeter wall on the south side and to purchase some new equipment.
- Two new positions are being proposed, assistant treasurer and public works secretary.
Public hearings on the proposed budget will be held June 2 and the final budget will be approved June 16.
General fund: $4,996,254
General fund $3,235,333
Where it comes from:
Licenses & permits: $ 278,724
Last year: $ 272,003
Intergovernmental revenue: $ 239,586
Last year: $ 268,311
Charges for services: $ 177,063
Last year: $ 179,477
Fines & forfeitures: $ 155,683
Last year: $ 152,631
Last year: $ 333,101
Where it goes:
Administrative: $ 373,719
Last year: $ 317,602
Government buildings: $ 432,000
Last year: $ 393,672
Police: $ 435,000
Last year: $ 396,600
Fire: $ 46,100
Last year: $ 42,901
Planning $ econ. dev.: $ 105,472
Last year: $ 101,493
Highway & public
Last year: $ 901,148
Parks & public prop. $ 487,773
Last year: $ 306,437
Recreation: $ 62,244
Last year: $ 52,716
Library: $ 53,299
Last year: $ 5,203
Contributions: $ 845,085
Last year: $ 490,821
Tax/fee increases BFI, the city's garbage hauler, has notified the city of a requested rate increase. If citizens approved a library, a property tax hike will be required.