A facts-only look at Manti's finances: the fiscal 2025 audit, the city's debt and fund balances, the fiscal 2026-27 budget workbook it filed with the state, and what this series will follow.
Manti's electric fund sent $250,000 to the general fund in fiscal 2025, which spent $289,809 more than it took in. The fiscal 2026-27 budget workbook lists $350,000 in utility transfers, including a new $100,000 from water, and $470,000 from prior-year fund balance.
Manti's electric fund sent $250,000 to the general fund in fiscal 2025, which spent $289,809 more than it took in. The fiscal 2026-27 budget workbook lists $350,000 in utility transfers, including a new $100,000 from water, and $470,000 from prior-year fund balance.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Manti issued $7,537,000 in water revenue bonds for a new treatment plant and had received $700,000 by June 30, 2025. Its fiscal 2026-27 budget workbook lists $7 million in state water loan proceeds and $7 million for the plant.
