Riverton had $5.1 million in park fees and $5.5 million in road fees on hand; it spent $138,303 in fiscal 2025
Riverton's fiscal 2025 impact fee report shows $5,126,913 in park fees and $5,547,035 in road fees on hand at June 30, 2025. Park fees paid for a $13,159 bocce court; road fees paid $125,144 toward 13800 South Mountain View Road.
Continuing story: Auditing Riverton
Riverton held $5,126,913 in park impact fees and $5,547,035 in road impact fees at June 30, 2025, according to the city's impact fee schedules for fiscal 2025. During the year, it spent $13,159 from park fees and $125,144 from road fees. [1]
Parks
The park schedule lists $912,872 collected in fiscal 2025, plus interest. It lists park fees collected in fiscal 2023, 2024 and 2025 as budgeted for the "Western Commercial Park - 10 Acre," with a projected spending schedule of 2025-2026. [1]
The only fiscal 2025 park expenditure shown is $13,159 for a new bocce ball court with a $25,000 project budget. The schedule also lists a $10,000 impact fee analysis. [1]
Roads
The road schedule lists $855,607 collected in fiscal 2025. Fees are budgeted for 13800 South Mountain View Road, the Welby Jacob culvert, King Solomon Road, Dutchman Lane and 1300 West widening with ADA ramps, with projected schedules from 2025-2026 to 2028-2029. [1]
The 13800 South Mountain View Road project has a $1,600,000 budget; after the $125,144 spent in fiscal 2025, $1,474,856 remains, according to the schedule. The Welby Jacob culvert has a $550,000 budget and King Solomon Road $1,155,000, with nothing spent on either in fiscal 2025. [1]
Slowing collections
Riverton's governmental impact fee revenue was $1.9 million lower in fiscal 2025 than in fiscal 2024, according to management's discussion in the audit, which attributes the decline to the city "reaching buildout and seeing less new development growth." [2]
The audit's state compliance report lists impact fees among the areas tested. HBME said the city complied in all material respects with the requirements tested. [3]
Impact fees are restricted to growth-related projects and are not available for general spending. The balances are as of June 30, 2025, and are not current cash. A projected schedule for spending is not a legal deadline.
Sources
- Riverton City · Impact fee schedules, revenues on hand June 30, 2025 (state-filed copy)
- Riverton City · FY2025 Annual Comprehensive Financial Report (state-filed copy), management's discussion and analysis
- Riverton City · FY2025 Annual Comprehensive Financial Report (state-filed copy), state compliance report
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.