Community center construction drew down North Logan's building authority savings
North Logan's Local Building Authority spent $6,424,234 on capital outlay in fiscal 2025, leaving its fund balance at $23,265. A separate capital projects fund recorded $1,653,950 for the community center building, and the city budgeted $4.3 million more on that line for fiscal 2026.
Continuing story: Auditing North Logan
Spending on North Logan's new community center ran through at least two city accounts in fiscal 2025, according to the city's audit and budget. [1][2]
The Local Building Authority
The audit's management discussion says significant changes in the governmental funds included Local Building Authority spending, "which included expenditures for the community center building." It says the authority's original expenditure budget of $239,000 was increased "to cover additional capital projects." [1]
The authority's budget-to-actual schedule shows a final budget of $6,878,119, including $6,639,119 for capital outlay. Actual capital outlay was $6,424,234, or $214,885 under that final budget, and debt service was $234,685. [3]
With revenue of $474,853 and a $49,005 transfer in, the authority's fund balance fell $6,135,061, from $6,158,326 to $23,265. [3]
The Capital Projects Fund
The city's Capital Projects Fund reported $1,653,950 in community development spending in fiscal 2025, and its fund balance fell from $803,088 to $28,983. [4]
In the fiscal 2027 budget report, the same $1,653,950 appears as fiscal 2025 actual spending on a line labeled "Cap Outlay: BLDG Community Center." The line shows $4,300,000 in the fiscal 2026 final budget and nothing for fiscal 2027. The report also shows a $560,588 General Fund transfer for the community center building in fiscal 2025. [2]
The bigger picture
Across all governmental funds, balances fell $8,121,700 in fiscal 2025, to $6,089,904. Government-wide governmental net position, which counts completed buildings and other capital assets, rose $2,285,437. [1][5]
At June 30, 2025, the authority owed $4,672,389 on lease revenue bonds issued at $5 million and 2.5% interest, with payments through April 2053. [6]
These are figures from two funds and different years. The records reviewed do not give the community center's total project cost, and the amounts should not be added together to produce one: the $4.3 million is a budget, not spending.
Sources
- North Logan City · FY2025 audited financial statements, management's discussion and analysis
- North Logan City · FY2027 state budget report, Capital Projects Fund
- North Logan City · FY2025 audited financial statements, Local Building Authority and RDA budget-to-actual schedules
- North Logan City · FY2025 audited financial statements, governmental funds statements
- North Logan City · FY2025 audited financial statements, statement of net position
- North Logan City · FY2025 audited financial statements, long-term debt note
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.