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Finance
The City’s finance department is responsible for serving the citizens of Bluffdale by accurately and efficiently managing the City’s finances. We are directed by the City Council and City Administration to execute their policies and directives related to City finances. We are responsible for assisting the City Council in preparing and updating the City’s annual budget. We follow the standards of the Governmental Accounting Standards Board as we record the financial transactions for the City. We are responsible for complying with various requirements of laws, regulations, contracts and grants applicable to state programs and our work is audited each year by an independent public accounting firm.
- What is fund budgeting & why do you use it for municipal budget?
- How much of my property tax goes to Bluffdale City?
- Our property values go up every year plus new homes are built, why do you need to raise our property taxes?
- Can we move money back and forth from the General Fund to the new Public Safety fund and vice versa if needed?
- Can you keep fire/police in the general fund so we can make better decisions about the whole budget and have fewer restrictions about how to use our total revenues?
- What is the Public Safety Fee?
- How can I get help understanding our City budget?
- Are there any assistance programs through Salt Lake County for tax relief?
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- What is fund budgeting & why do you use it for municipal budget?
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In government, we use fund accounting (not to be confused with fun accounting). Different revenue sources can only be used to pay for specific expenses. These differing revenues and expenses are tracked in separate funds (accounting books).
The different budget funds are shown in the following graphic (click to enlarge):
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