Auditing Millville: what the city's audit, budget and sewer debt records show

Millville, in Cache County, lists a city-wide sewer system first among the major projects budgeted for fiscal 2026, according to the management discussion in its audit. This series follows the city's audits, budgets and debt through its public records. ^[10]

The city's most recent audited financial statements cover the fiscal year ended June 30, 2025. Jones Simkins LLC of Logan wrote that the statements "present fairly, in all material respects" the city's financial position, and its schedule of findings lists the report type as unmodified. The report is dated Dec. 23, 2025. ^[1][9]

How big the city's finances are

The city reported $12,871,233 in total revenue for fiscal 2025, including $9,780,633 in capital grants and contributions. Total expenses were $2,132,171. ^[2]

Governmental activities, such as roads, parks, public safety and administration, brought in $1,929,752, including $697,246 in sales and use taxes and $178,558 in property taxes. ^[2]

Total net position rose by $10,739,062 to $36,238,939. The city's management discussion attributes the increase in the business-type activities to "grant revenues for the sewer project." ^[2]

Reserves

The General Fund ended fiscal 2025 with a fund balance of $1,912,227. Of that, $1,524,546 was restricted, including $1,254,638 for Class C roads, and $387,681 was unassigned. ^[5]

The Capital Projects Fund held $2,072,421, committed to capital improvements, after a $283,200 transfer from the General Fund during the year. ^[5][6]

Debt

At June 30, 2025, Millville owed $17,665,615 in water and sewer revenue bonds. Total long-term liabilities, including pension and compensated-absence liabilities, were $17,739,508, according to the management discussion. ^[3][4]

The notes say principal and interest payments are about $475,000 for fiscal 2026, or 42% of water and sewer services revenues, and that payments are expected to end in 2064. The city has pledged all water and sewer revenues to secure the bonds. ^[3]

The current budget

The budget tables in the city's June 11, 2026 council packet list a fiscal 2027 budget of $3,950,400: $2,186,400 for the General Fund, $40,800 for storm water, $216,500 for capital projects and $1,506,700 for water and sewer. ^[7]

The same tables list a final fiscal 2026 budget of $9,365,700, including $6,971,100 for water and sewer. The water and sewer revenue table lists $5,356,800 in sewer grant proceeds for fiscal 2026 and none for fiscal 2027. ^[7]

The minutes record that the council adopted Resolution 2026-7, the fiscal 2027 budget resolution, on a motion by Councilmember Ames, seconded by Councilmember Zollinger. Councilmembers Ward, June, Ames, Ripplinger and Zollinger voted yes. ^[7]

The city's management discussion in the audit says the council kept its 2025 certified property tax rate of 0.000520, unchanged from 2024. ^[10]

The city's funds

The fiscal 2025 audit reports two governmental funds, the General Fund and the Capital Projects Fund, and two enterprise funds, for water and sewer and for storm water. ^[2]

What this series covers

Related stories look at the auditor's finding on quarterly financial reports, Millville's agreement to share Hyrum's wastewater treatment plant, and the debt and grants behind the sewer system.