Murray City Corporation NOTICE OF INTENT TO TRANSFER ENTERPRISE FUNDS, PURSU...

Murray City Corporation NOTICE OF INTENT TO TRANSFER ENTERPRISE FUNDS, PURSUANT TO TITLE 10 CHAPTER 6 OF THE UTAH CODE, AND NOTICE OF PUBLIC ENTERPRISE FUND HEARING Murray City Corporation intends to transfer, for the purpose of paying for overhead and other general fund City services, such as police, fire, streets and other public services, $426,874.00 or 8.43% of the total expenditures from the City's Water enterprise fund; $366,511.00 or 8.15% of the total expenditures from the City's Waste Water enterprise fund; $2,802,633.00 or 8.10% of the total expenditures from the City's Power enterprise fund; $188,766.00 or 7.18% of the total expenditures from the City's Solid Waste enterprise fund; and $130,425.00 or 7.12% of the total expenditures from the City's Storm Water enterprise fund; to the City's General Fund. Each amount represents 8% of each fund's revenue, which percentage is unchanged from prior years. The Murray City Council will hold a public enterprise fund hearing on June 6, 2017 at 6:30 p.m. in the Council Chambers, for the purpose of providing enterprise fund accounting data to the public for review, and of receiving public input regarding the proposed transfer and the enterprise fund accounting data. Dated this 16th, day of May, 2017. MURRAY CITY CORPORATION _________________________ Jennifer Kennedy City Recorder Publication Date: May 19th, 2017 PH 17.19 1152882 UPAXLP


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