Kamas's 2025 audit lists $315,053 in Fiesta Days expenses and $298,216 in event revenue
Kamas's audited fiscal 2025 statements show Fiesta Days expenses of $315,053 against $298,216 in event revenue. At a Sept. 22, 2026 work session, council members said payroll was missing from this year's event spreadsheet, and the mayor said the total may still change.
Continuing story: Auditing Kamas
Kamas spent $315,053 on Fiesta Days in the fiscal year ended June 30, 2025, according to the city's audited statement of activities. The event brought in $298,216 in charges for services, leaving a net expense of $16,837. [1]
The prior year's Fiesta Days expenses were $216,616, in the restated comparison column of management's discussion. [2]
Budget and results
On the general fund's budget-to-actual schedule, fiscal 2025 Fiesta Days revenue was $298,216 against a budget of $343,965, and spending was $315,053 against a budget of $343,030. [6]
The general fund balance sheet also reports $106,208 as unavailable revenue for Fiesta Days at June 30, 2025, a deferred inflow of resources. [7]
The Sept. 22 work session
At a Sept. 22, 2026 work session, Councilor Leslie Staples said she had received a detailed ledger from City Recorder Kim Peacock that answered most of her questions, according to the minutes. The minutes state that the payroll expense was not captured in the spreadsheet. [3]
Mayor Matt McCormick presented a spreadsheet for the Fiesta Days payroll expense for overtime. The minutes say he feels there still may be a few more expenses and the total may change, and that the matter will be discussed at the next work session. [3]
The minutes record that Staples felt the celebration made a little money, and that Councilor Larry Gines and the mayor said the grant was key to the celebration. They do not state a dollar total. [3]
The budget going forward
The budget report Kamas filed with the State Auditor lists $291,453 in Fiesta Days revenue and $286,731 in expenses for 2025-26. For 2026-27 it lists $294,818 in revenue and $245,470 in expenses. [4][5]
The Fiesta Days expense lines in that report cover events such as the demolition derby, rodeo and bull wars, along with fireworks, arena and grounds, scholarships and sales tax. The section has no salary or payroll account. [5]
Fiscal 2025 figures are audited results. Figures for 2025-26 and 2026-27 are budgeted amounts. No final result for the 2026 celebration has been published.
Sources
- Kamas City · Basic financial statements, year ended June 30, 2025 (state-filed copy), statement of activities
- Kamas City · Basic financial statements, year ended June 30, 2025 (state-filed copy), management's discussion and analysis, changes in net position
- Kamas City Council · Sept. 22, 2026 minutes (approved Oct. 13, 2026)
- Kamas City · Budget report filed with the State Auditor, 2026-27 budget column (printed Oct. 14, 2026), Fiesta Days revenue
- Kamas City · Budget report filed with the State Auditor, 2026-27 budget column (printed Oct. 14, 2026), Fiesta Days expenses
- Kamas City · Basic financial statements, year ended June 30, 2025 (state-filed copy), general fund budget and actual
- Kamas City · Basic financial statements, year ended June 30, 2025 (state-filed copy), balance sheet, governmental funds
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.