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Good afternoon. Uh June 18th, 2026

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special special board member

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meeting at the Magna Water District 8885

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West 3500 South. Like to call this

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meeting to order. Here today is Jeff

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White, Mick Sudbury, Danny Stewart, Le

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Fitzgerald, and Clint Dilly. Um I'd like

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to welcome public and guests. Do we have

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any public comment?

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See no public comment. So, anybody have

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a conflict of the interest on the agenda

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with the board?

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See nothing. Um, a discussion and

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possibly motion to approve the following

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administration items. Revolution debt

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resolution 26-03 adjusting revenues

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budget in the district 2026 budget.

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Uh, do we can I read both of them or

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just do we do and then resolution 2020

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2026-4

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adopting the district final uh 2026 tax

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rate.

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>> Mr. Chair, if you want me to go through

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the bottom on the budgeted one, numbers

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one, two, and three. I can do that and

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then you can just do a so move.

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>> Okay, cool. That'll work.

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>> Um, so certified tax rate came in and in

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order for our budget to match

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the form TC or PT it's called now 693

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we have to adjust our budget and overall

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if we adjusted it

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bottom line we'd have to have a budget

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hearing we're not we're not adjusting it

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to change our bottom line we're just

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reclassifying the revenue so basically

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um the taxes that came in were going to

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be an overall in decrease of 75,421

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so for the water number One, the

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projected revenues from property taxes

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for the water system are hereby

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decreased by 39,599

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to 1,419766.

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And the revenues projected from water

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sales revenue are hereby increased by a

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corresponding amount of 39,599

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making the total water sales 5,539559.

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Number two, kind of the same thing

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except for it's the sewer department. Um

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the property taxes at the sewer

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department are decreased by 31,276.

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Um and it would make the taxes 1,456261.

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And the projected revenues from sewer

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cells are increased by a corresponding

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amount of 31,276

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to make the sewer cells 6,31,276.

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That should shouldn't that uh be

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decreased as well?

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>> Decrease to the tax, increase to the

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sales.

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>> Okay.

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>> Um so for secondary system, same

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situation. Um the property tax for

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secondary system will be decreased by

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4546

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making the total budgeted 476,678.

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And the revenues projected for secondary

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water cells increased by a corresponding

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amount of 4546

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making the total of uh secondary water

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cells 754,546.

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» So no increase no change to

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>> no net. Yeah.

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>> Um

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>> continue without any increase to

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property taxes. I think it's the ninth

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year, eighth or ninth year without a

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property tax increase.

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>> That's good

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>> for the district, which I think is good.

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>> Yeah, I agree.

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>> Very good.

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>> So, let's make a

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>> so move. You could you could just go so

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move on it. Can't can he just say so

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move

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>> cuz she's read it out. So, all you have

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to do is say

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>> move.

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>> Okay. So, move. So moved to uh accept

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the

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change in accordance with UCA 17B1622.

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>> I'm going to second that.

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>> A motion second. All in favor? I

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>> I

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>> Okay.

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The next um resolution is to set the

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district's um final 2026 tax rate.

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So what came in for the uh

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p water purification and sewer disposal

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is

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sorry

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1,458,991

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for O andM and then the projected debt

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service was 1,893714,000

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the tax rate for the 1 at 1,ion458 what

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we call the certified tax rate came in

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at 0.00505.

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» Yeah.

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>> And to get the debt service revenue we

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need to make the payments the tax rate

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came in at 0.00655.

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And adding those two together would make

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the district's total tax rate for 2026

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be 0.001160.

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So, we make a motion on

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>> I just go right here

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>> now. Therefore, result.

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>> Yeah. Be the future RI, right?

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>> I'm sorry.

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>> We're right here to um Yeah. Yeah. So,

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>> now therefore the board,

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>> Mr. Chairman now therefore be a result

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or the trustees of Magna Water District

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in the district's final 2026 tax rate

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for water purification sewer disposal

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shall be as hereby is 0.0000505

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that the district's final 2026 tax rate

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for depth service of interest and

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syncing funds shall be and hereby is

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0655.

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Be it further resolved by the district's

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board of trustees, the district's total

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combined final 2026 tax rate be and

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hereby is 01160.

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>> I'll second a motion second.

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>> All in favor? I

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>> I

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>> thank you.

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>> Okay.

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>> These reports in the backup will be

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filed. They're due on Monday. So get

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them in this afternoon or Monday

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morning.

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That's all I have.

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» Anybody else have anything they want to

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bring up?

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>> Well, it looks good.

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>> Glad we didn't have.

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>> Excellent.

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>> So, you want to make a motion to

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adjurnn?

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>> I'll make a motion to adjurnn.

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>> I second it.

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>> In motion, second. All in favor? I.

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>> And it is 307.