A records-only look at Spanish Fork's budget, general fund reserves, debt, audit and planned borrowing, drawn from the city's audited fiscal 2025 statements, its fiscal 2027 budget records, council minutes and bond notices.
Spanish Fork's Local Building Authority authorized up to $83 million in lease revenue and refunding bonds on June 2, 2026, for a fire station, a public works building and the refinancing of older authority bonds. Its notice estimated $70 million in new bonds; the records reviewed do not show a sale.
Spanish Fork's Local Building Authority authorized up to $83 million in lease revenue and refunding bonds on June 2, 2026, for a fire station, a public works building and the refinancing of older authority bonds. Its notice estimated $70 million in new bonds; the records reviewed do not show a sale.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
The City Council approved a $16,832,500 guaranteed maximum price with SIRQ Construction for Fire Station 61 in March. Staff put the whole project at about $18.5 million to $18.7 million and described borrowing of no more than $15 million.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Spanish Fork's notice to utility customers listed six transfers from its power, water, sewer, solid waste and broadband funds for fiscal 2027, totaling $3,176,674. The broadband transfer rose from the prior year's notice, and the audited fiscal 2025 statements show a separate $6.2 million in indirect service charges to the general fund.
AI-generated illustration: The Utah Ledger · Original graphic · The Utah Ledger
Spanish Fork approved a five-year sponsorship agreement in March under which Utah County would reimburse up to $1 million of competition pool construction costs at the FitCity Center, in exchange for resident membership rates for some nearby county residents.