Auditing Bountiful
The Ledger's review of Bountiful's budgets, audits, debt and redevelopment money.
The full audit section: stories by subject, key figures and records →
Background
Auditing Bountiful: what the city's own records show about its money
A records-only look at Bountiful's fiscal 2025 audited report and its fiscal 2027 adopted budget: net position, reserves, debt, the audit opinion and the redevelopment agency.
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- Politics
Bountiful's redevelopment agency spent $2.4 million on a Main Street property and leases 135 South Main to a restaurant
The agency's fund balance fell by nearly half in fiscal 2025 after a property purchase and $1.34 million in small-business loans. Separately, its board ratified a lease of 135 South Main Street to Lucky Slice LLC at $4,000 a month or 6% of defined gross profits.
- Politics
Bountiful raised power rates 4% for fiscal 2027; its utility sends about $3.2 million a year to the General Fund
The council adopted a 4% increase in metered power rates and customer charges in June. Staff said the power utility keeps 3.6 percentage points of it and 0.4 points go to the General Fund through a transfer the city sets at 10% of electric metered sales.
- Politics
After August wildfire, Bountiful approves $235,618 Echo line cleanup and moves to connect to PacifiCorp
An Aug. 7 fire destroyed 88 poles on the city's 46-kV Echo hydro transmission line. The council awarded a cleanup contract on Sept. 8 and on Sept. 22 directed staff to tie into PacifiCorp's line, an option staff estimated at about $3.5 million.
- Politics
Bountiful's fiber fund ended fiscal 2025 with a $1.82 million unrestricted deficit as connections grew
The city reported substantial completion of its fiber network in May 2025, built with $45.5 million in sales tax revenue bonds. Its audited report shows a negative unrestricted net position, and staff reported 2,025 connections in January 2026.