Utah County has developed a budget related to County-determined priorities for best uses of State and Local Fiscal Recovery Funds (SLFRF) moving forward to complete obligation by 2024.
All funds have been budgeted at this juncture. Priorities were determined by an analysis of one-time uses that will not obligate the County’s operating budget beyond the life or the grant or grow government beyond what revenues and population growth estimates will require without these funds. The impetus for capital investment also comes from the Guiding Principles of the Government Finance Officers Association which emphasize providing an ongoing benefit while aligning with pre-existing objectives, but are also temporary and non-recurring. (GFA, August 2021, GFOA Guiding Principles, pages 14-15).
Programs consisted of first, covering emergency Covid-19 related public health expenses that were likewise caried under CARES Coronavirus Relief Funds (CRF) and has since expired at the end of 2022. Next, Utah County has committed almost $90 million in infrastructure funding that will take several years to accomplish in order to meet the 2024 and 2026 deadlines, and $10.5 million for Community grants that will use almost three quarters of the available funds. Other budgeted expenditures include revenue replacement, administrative, and contingency for inflation. The budget includes a schedule for multi-year expenditures, in line with capital planning budgets for other county capital projects.
