A facts-only look at La Verkin's finances from its audited statements for the year ended June 30, 2025: the general fund, the budget, debt, the audit opinion and the one compliance finding this series will follow.
La Verkin's fiscal 2025 audit reports a negative $370,557 balance in the city's Capital Projects Fund. The auditors said the fund had not been reimbursed for spending on behalf of other funds, and that the fiscal 2026 budget had no appropriation to begin removing the deficit.
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AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
La Verkin's fiscal 2025 audit reports a negative $370,557 balance in the city's Capital Projects Fund. The auditors said the fund had not been reimbursed for spending on behalf of other funds, and that the fiscal 2026 budget had no appropriation to begin removing the deficit.
