Auditing Park City: a public-records look at the city's finances, FY2019–FY2025

This series reviews Park City Municipal Corporation's public financial records. Each article states what a record says, names the years it covers and links the source. It does not draw conclusions beyond the records.

The city in numbers

Park City's total budget across all funds for FY2026 is $292,936,800, according to the city's FY2026 budget volume. ^[8]

The FY2025 annual report puts the city's total net position at $600,955,586, up $38,791,693 from $562,163,893 a year earlier. ^[1]

The general fund took in $52,455,821 and spent $52,566,024 in FY2025, and ended the year with a fund balance of $18,338,814. ^[1]

In this series

General fund reserve: the unassigned balance against the state maximum, FY2019 to FY2025. ^[1][2][3]

Long-term debt: $243,859,075 at June 30, 2025, with the legal debt limit and council bond actions. ^[1]

Audit opinions: the auditors and dates behind each FY2019–FY2025 opinion. ^[1][2][3][4]

Redevelopment funds: fund balances for the four Redevelopment Agency funds. ^[8]

Deer Valley Snow Park financing: council actions in 2024 and 2025. ^[5][6][7]

Records not yet reviewed

Park City's county auditor and state redevelopment reports, State Auditor reports, Transparent Utah vendor payments and the auditors' separate compliance reports were not retrievable for this review. Readers who hold those records can send them to the newsroom.