West Jordan's redevelopment agency paid $1.72 million under PayPal, Aligned and Bangerter Station agreements in fiscal 2025
The agency's adopted fiscal 2027 budget shows $951,949 paid to the Bangerter Station development and $771,999 under the PayPal and Aligned Energy agreements in fiscal 2025. It budgets $1.74 million for the three agreements in fiscal 2027.
Continuing story: Auditing West Jordan
West Jordan's Redevelopment Agency paid $1,723,948 under three economic development agreements in fiscal 2025, according to the actual figures in its adopted fiscal 2027 budget: $951,949 to Bangerter Station and $771,999 under the PayPal and Aligned Energy agreements. [1]
The agency keeps its own budget, which the city leaves out of its consolidated budget totals. [1][3]
PayPal and Aligned Energy
Both agreements are in the agency's Fairchild economic development area, which the budget says has a 10-year term expiring in 2028. [1]
The PayPal agreement has a $6.8 million maximum. The budget says the increment comes only from personal property owned by PayPal, and no real property tax is collected. Of the increment, 40% goes to the other taxing entities. Of the remaining 60%, 87% goes to the PayPal incentive, 10% to low-income housing and 3% to the city for administration. [1]
The Aligned Energy agreement rebates 100% of the city's municipal energy tax for fiscal 2019 through 2021, then 50% for fiscal 2022 through 2028. The budget says it requires an investment in the project area and a minimum number of jobs. It lists no dollar maximum. [1]
The area's fiscal 2025 actual column shows $463,583 in property taxes, $42,737 in interest, a $368,682 transfer from the city's General Fund and $771,999 in incentive payments. The area's reserve rose from $767,352 to $817,420. [1]
For fiscal 2027, the agency budgets $403,245 for PayPal and $425,000 for Aligned Energy, with a $350,000 transfer from the General Fund. [1]
Bangerter Station
The Bangerter Station participation agreement, in the Jordan Valley Station community development area, is capped at $21.5 million over 20 years for a $166.5 million transit-oriented development. The budget says the first payment was in 2019 and the area expires in 2038. [1]
In fiscal 2025 the area took in $966,446 in property taxes, paid $951,949 under the agreement and kept $14,497 for administration. The agency budgets $908,761 for the agreement in fiscal 2027. [1]
Other incentives
The three agreements are not the agency's only incentive. The budget lists a $50,000 annual sales tax reimbursement to Sportsman's Warehouse, paid for 10 years starting in fiscal 2020 and funded by a transfer from the General Fund. [1]
The city's audited fiscal 2025 report says it remains committed to several long-standing agency tax abatement agreements, which require developer performance before annual payment. [2]
The payment figures are the actual column for fiscal 2025 in an adopted budget, not audited totals. The $1.72 million is the sum of two lines in that column. A cap is a maximum, not an amount owed. No record reviewed establishes misconduct or noncompliance.
Sources
- West Jordan Redevelopment Agency · FY2027 Annual Budget (adopted)
- West Jordan City · Annual Comprehensive Financial Report, year ended June 30, 2025
- West Jordan City · FY2027 Annual Budget, adopted Aug. 25, 2026
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.