Finance

The Finance Department manages the City’s financial resources and assets by providing budget, purchasing, accounting, and funding direction for the City. As part of the Finance Department, the Treasury and Utility Billing Division has custody of Lehi City’s cash and investments. The Treasurer oversees the billing process and reports the cash position to the Mayor and City Council.

Staff

 

Lehi City Total Revenues/ Population Per Capita

Consolidated fee schedule

FY 2021 Fee Schedule

FY 2021 budget Documents

FY 2021 Budget Document

Previous Budget Documents

Annual Budget

The Finance Department assists the Mayor and Administration with the preparation and presentation of the annual budget. The budget is presented to the City Council in May and the final budget is adopted in June. The City operates on a fiscal year from July 1-June 30.

 

Citizen’s Budget

The Citizen’s Budget is a summary of the Annual Budget. The information is presented in an easy to understand format to help residents digest the financial documents of the City.

 

Comprehensive Annual Financial Reports

According to state law, Lehi City publishes a complete set of financial statements presented in conformity with generally accepted accounting principles and audited by a licensed certified public accountant. The Comprehensive Annual Financial Report (CAFR) is published within six months of the end of the fiscal year.

 

Popular Annual Financial Report

The Popular Annual Financial Report (PAFR) is a summary of the CAFR. The PAFR is prepared as a more resident-friendly version of the audited report with the intent to present the information in a easy to understand format.