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[0:02]
Good afternoon. Uh June 18th, 2026
[0:06]
special special board member
[0:09]
meeting at the Magna Water District 8885
[0:13]
West 3500 South. Like to call this
[0:16]
meeting to order. Here today is Jeff
[0:18]
White, Mick Sudbury, Danny Stewart, Le
[0:20]
Fitzgerald, and Clint Dilly. Um I'd like
[0:24]
to welcome public and guests. Do we have
[0:26]
any public comment?
[0:29]
See no public comment. So, anybody have
[0:31]
a conflict of the interest on the agenda
[0:33]
with the board?
[0:35]
See nothing. Um, a discussion and
[0:40]
possibly motion to approve the following
[0:41]
administration items. Revolution debt
[0:44]
resolution 26-03 adjusting revenues
[0:47]
budget in the district 2026 budget.
[0:52]
Uh, do we can I read both of them or
[0:55]
just do we do and then resolution 2020
[0:58]
2026-4
[0:59]
adopting the district final uh 2026 tax
[1:03]
rate.
[1:05]
>> Mr. Chair, if you want me to go through
[1:07]
the bottom on the budgeted one, numbers
[1:11]
one, two, and three. I can do that and
[1:12]
then you can just do a so move.
[1:14]
>> Okay, cool. That'll work.
[1:16]
>> Um, so certified tax rate came in and in
[1:19]
order for our budget to match
[1:21]
the form TC or PT it's called now 693
[1:27]
we have to adjust our budget and overall
[1:29]
if we adjusted it
[1:32]
bottom line we'd have to have a budget
[1:33]
hearing we're not we're not adjusting it
[1:36]
to change our bottom line we're just
[1:38]
reclassifying the revenue so basically
[1:41]
um the taxes that came in were going to
[1:45]
be an overall in decrease of 75,421
[1:49]
so for the water number One, the
[1:51]
projected revenues from property taxes
[1:53]
for the water system are hereby
[1:55]
decreased by 39,599
[1:58]
to 1,419766.
[2:02]
And the revenues projected from water
[2:04]
sales revenue are hereby increased by a
[2:06]
corresponding amount of 39,599
[2:09]
making the total water sales 5,539559.
[2:15]
Number two, kind of the same thing
[2:17]
except for it's the sewer department. Um
[2:19]
the property taxes at the sewer
[2:21]
department are decreased by 31,276.
[2:26]
Um and it would make the taxes 1,456261.
[2:32]
And the projected revenues from sewer
[2:34]
cells are increased by a corresponding
[2:37]
amount of 31,276
[2:39]
to make the sewer cells 6,31,276.
[2:45]
That should shouldn't that uh be
[2:48]
decreased as well?
[2:51]
>> Decrease to the tax, increase to the
[2:53]
sales.
[2:54]
>> Okay.
[2:56]
>> Um so for secondary system, same
[2:59]
situation. Um the property tax for
[3:03]
secondary system will be decreased by
[3:06]
4546
[3:08]
making the total budgeted 476,678.
[3:14]
And the revenues projected for secondary
[3:16]
water cells increased by a corresponding
[3:19]
amount of 4546
[3:21]
making the total of uh secondary water
[3:24]
cells 754,546.
[3:32]
» So no increase no change to
[3:35]
>> no net. Yeah.
[3:36]
>> Um
[3:37]
>> continue without any increase to
[3:40]
property taxes. I think it's the ninth
[3:43]
year, eighth or ninth year without a
[3:45]
property tax increase.
[3:46]
>> That's good
[3:47]
>> for the district, which I think is good.
[3:51]
>> Yeah, I agree.
[3:52]
>> Very good.
[3:53]
>> So, let's make a
[3:55]
>> so move. You could you could just go so
[3:57]
move on it. Can't can he just say so
[3:58]
move
[3:59]
>> cuz she's read it out. So, all you have
[4:01]
to do is say
[4:01]
>> move.
[4:02]
>> Okay. So, move. So moved to uh accept
[4:07]
the
[4:08]
change in accordance with UCA 17B1622.
[4:15]
>> I'm going to second that.
[4:16]
>> A motion second. All in favor? I
[4:18]
>> I
[4:20]
>> Okay.
[4:26]
The next um resolution is to set the
[4:29]
district's um final 2026 tax rate.
[4:34]
So what came in for the uh
[4:38]
p water purification and sewer disposal
[4:41]
is
[4:43]
sorry
[4:45]
1,458,991
[4:50]
for O andM and then the projected debt
[4:53]
service was 1,893714,000
[5:00]
the tax rate for the 1 at 1,ion458 what
[5:05]
we call the certified tax rate came in
[5:07]
at 0.00505.
[5:11]
» Yeah.
[5:11]
>> And to get the debt service revenue we
[5:14]
need to make the payments the tax rate
[5:16]
came in at 0.00655.
[5:21]
And adding those two together would make
[5:23]
the district's total tax rate for 2026
[5:28]
be 0.001160.
[5:38]
So, we make a motion on
[5:45]
>> I just go right here
[5:46]
>> now. Therefore, result.
[5:48]
>> Yeah. Be the future RI, right?
[5:50]
>> I'm sorry.
[5:51]
>> We're right here to um Yeah. Yeah. So,
[5:55]
>> now therefore the board,
[5:56]
>> Mr. Chairman now therefore be a result
[5:59]
or the trustees of Magna Water District
[6:01]
in the district's final 2026 tax rate
[6:04]
for water purification sewer disposal
[6:07]
shall be as hereby is 0.0000505
[6:12]
that the district's final 2026 tax rate
[6:15]
for depth service of interest and
[6:17]
syncing funds shall be and hereby is
[6:20]
0655.
[6:23]
Be it further resolved by the district's
[6:26]
board of trustees, the district's total
[6:27]
combined final 2026 tax rate be and
[6:31]
hereby is 01160.
[6:36]
>> I'll second a motion second.
[6:38]
>> All in favor? I
[6:40]
>> I
[6:41]
>> thank you.
[6:41]
>> Okay.
[6:43]
>> These reports in the backup will be
[6:45]
filed. They're due on Monday. So get
[6:48]
them in this afternoon or Monday
[6:50]
morning.
[6:52]
That's all I have.
[6:56]
» Anybody else have anything they want to
[6:58]
bring up?
[7:00]
>> Well, it looks good.
[7:03]
>> Glad we didn't have.
[7:06]
>> Excellent.
[7:07]
>> So, you want to make a motion to
[7:09]
adjurnn?
[7:10]
>> I'll make a motion to adjurnn.
[7:13]
>> I second it.
[7:14]
>> In motion, second. All in favor? I.
[7:17]
>> And it is 307.