96 South Main Street, PO Box 77, Nephi, Utah 84648 - Voice: 435 623-0525 - FAX: 435 623-4735

On our front page this week

  • Mona City adopts budget for next year


By Myrna Trauntvein
Times-News Correspondent

Mona City Council members adopted the budget for 2003 and amended the 2002 budget.

Everd Squire, the new treasurer for the community, spent countless hours working on the budget, said Bryce Lynn, mayor, in order to meet the deadlines set by law.

"Everd (Squire) and I visited Greg Ogden, our CPA, and conferred with him about the budget," said Lynn.

The budget for the fiscal year of 2003 was set at $75,000.

The figure had been set higher, at $80,000, but Doran Kay, council member, suggested the figure be changed.

"We had to make several changes to the 2002 budget," said Squire.

Extra money had to be added to the budget for the irrigation secondary water system payment.

It was also necessary to move some money from areas where the budget allotted to them was not needed to places where there was a deficit in funds.

"This is common practice amount accountants," said Squire.

It is legal to move money from one fund to cover another as long as, in the end, the budget balances. There are time constraints imposed by law dealing with the time such transfers can be made.

"The celebration in the park is a little over budget," said Squire.

Council member, Doran Kay, also wondered if the state might be requested to help pay the $1,000 for 43 hours of mowing of city streets.

"I will check with Tyler Painter, who did the mowing, and with the state and then we can made a determination on what we learn," said Rick Schnurr, council member.