St. George moves its airport out of the general fund with a $14.1 million transfer
The fiscal 2027 budget moves St. George's airport into its own enterprise fund, backed by an estimated $14.1 million fiscal 2026 transfer of restricted general fund balance.
Continuing story: Auditing St. George
St. George's fiscal 2027 budget accounts for the city's airport in its own enterprise fund instead of the general fund. The budget says "the Airport has been moved out of the General Fund into the new Airport Fund." [1]
"FY 2026 reflects a $14.1 million transfer to reflect the transition of the Airport into a separate enterprise fund," the budget says. It says the transfer "will move all the estimated restricted portion of the General Fund fund balance" into the Airport Fund by the end of fiscal 2026. [1]
The numbers
The budget lists the Airport Fund, Fund 88, at $17,280,606 for fiscal 2027. [1]
The $14.1 million is an estimate for fiscal 2026. At June 30, 2025, the city's audited general fund balance included $11,497,465 restricted for transportation and airport programs, according to the fiscal 2025 financial report. [1][2]
Next
The fiscal 2026 audit, when published, should show the transfer's actual amount. The Ledger has not asked the city about it.
This story describes a change in which city fund records the airport's money. A transfer between city funds is not a loss.
Sources
- St. George City · FY2027 Adopted Budget & Business Plan, General Fund and Airport Fund
- St. George City · FY2025 Annual Comprehensive Financial Report, governmental funds balance sheet
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.