A records-only look at Mapleton's general fund, reserves, debt, audit results and fiscal 2027 budget, drawn from the city's audited fiscal 2025 financial statements, its final fiscal 2027 budget and council minutes.
Mapleton owed Spanish Fork $21,865,418 on four sewer notes at June 30, 2025. The audit says the agreement behind them was being renegotiated, and the audit's repayment schedule, the fiscal 2027 budget overview and the detailed sewer budget each list different payments for the year.
Mapleton owed Spanish Fork $21,865,418 on four sewer notes at June 30, 2025. The audit says the agreement behind them was being renegotiated, and the audit's repayment schedule, the fiscal 2027 budget overview and the detailed sewer budget each list different payments for the year.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Mapleton's adopted fiscal 2027 budget forecasts $2,963,250 in fiber billing, up from $1,944,000 budgeted for fiscal 2026, as the fiber fund takes on both 2021 and 2023 bond payments and budgets $107,979 for reserves.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Mapleton lent its fiber network $6 million from city capital funds. Council minutes put repayment at July 1, 2028, while the fiscal 2027 budget overview says repayment begins in fiscal 2028, a year earlier under the city's July-to-June calendar.
