Budget & Financial Reports
To achieve excellence in timely delivery of service to its customers, in all areas that are the responsibility of the Finance Department. To manage the public funds in a responsible manner and to assure that the assets of Centerville City are protected.
Customers of the Finance Department are defined as:
- The primary customers of the Finance department are the Citizens of Centerville.
- The Finance Department provides services to other departments and personnel of the city, including the Mayor and City Council.
Every year, the City Council approves a budget for the next fiscal year. The fiscal year (FY) for Centerville is from July 1 to June 30th of each year. Generally, the Council uses the first meeting in June to amend the current year’s budget to reflect realized revenues and expenditures and to pass the budget for the upcoming fiscal year.
- Access the FY 2022 Tentative Budget here.
- To view previously approved budget documents, view the City Budget Documents Archive
In the provided documents, you will find:
- Adopted Budget: this is the approved budget for the stated fiscal year
- Budget Newsletter: written prior to the final budget approval that points out the main changes to the budget, explains projections for revenue, explains changes in expenditures, and explains any rate increases in either taxes or fees for service.
- Proposed Budget Summary: a more detailed review of the proposed budget for the following fiscal year. It explains further issues to be addressed in the upcoming council meetings as the Council decides on the final changes and final budget.
Comprehensive Annual Financial Report (CAFR)
Additionally, the CAFR is available at City Hall (located at 250 N Main Street in Centerville) and via the Utah State Auditor’s website.
Certificate of Excellence
Centerville has received the Government Finance Officers Certificate of Excellence for Financial Reporting for 19 consecutive years for the Comprehensive Annual Financial Report issued yearly with the assistance of the independent auditor. The most recent was awarded for the year ending June 30, 2020.
For more information about the Government Finance Officers Association (GFOA) and this award visit the GFOA website.
Risk Management is the administration of insurance, claims, employee safety and the protection of assets and citizens of the community. If you have a concern of an unsafe condition of City facilities, or if you would like to file a claim with the City, please contact City Hall.
Utah Risk Management Mutual Association
Centerville is a member of the Utah Risk Management Mutual Association (URMMA). URMMA is a risk pool that consists of 26 member Utah cities. Through URMMA, Centerville has liability insurance up to $7,500,000. URMMA stresses the reduction of risks through aggressive training and risk reduction programs. These programs not only reduce the exposure to the City, but are intended to reduce hazards to the citizens of the community.
To find out more about URMMA visit the URMMA website.