A facts-only look at Moab's finances: the $23.98 million general fund budget the City Council adopted for fiscal 2027, the fiscal 2025 audit's unmodified opinion and one internal control finding, the city's bonded debt, and the reserves it drew down for construction.
The general fund budget Moab adopted for fiscal 2027 sets aside $645,000 for general insurance. The same line shows $1,424 in actual spending in fiscal 2024 and $259,804 in fiscal 2025.
The general fund budget Moab adopted for fiscal 2027 sets aside $645,000 for general insurance. The same line shows $1,424 in actual spending in fiscal 2024 and $259,804 in fiscal 2025.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Moab's auditors reported a significant deficiency in fiscal 2025: some payments were recoded in the general ledger after they had been approved, with no audit trail. Management said it would add procedures.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Moab's fiscal 2025 audit restates the city's starting balances after the city found that $112,970 in deposits collected from a developer had been reported as revenue in 2024. The money was repaid in 2025.