The Utah Ledger's Auditing Tooele series follows Tooele City's money through its own public records. The fiscal 2025 audit shows a $13.7 million general fund balance and $9.4 million in the Depot redevelopment fund. The adopted fiscal 2027 budget totals $80.5 million across all funds.
The Tooele City Council adopted a resolution on Sept. 2 authorizing up to $14 million in sewer revenue bonds, according to the city's notice of bonds. At a Sept. 16 hearing, the finance director projected an $11,155,000 issue over 20 years, with payments already built into current sewer rates.
The Tooele City Council adopted a resolution on Sept. 2 authorizing up to $14 million in sewer revenue bonds, according to the city's notice of bonds. At a Sept. 16 hearing, the finance director projected an $11,155,000 issue over 20 years, with payments already built into current sewer rates.
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Tooele's redevelopment agency board voted 4-0 on Sept. 2 to approve a $340,512.80 agreement with Broken Arrow, Inc., for 1200 West storm-drain and roadway-fill work, plus a $17,000 contingency. The resolution says the agency agreed to the work in a June land-sale agreement with Mountain West Vinyl, LLC.
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Tooele's City Council voted 5-0 on Aug. 19, 2026 to adopt a city property tax rate of 0.002590, above the certified rate of 0.002527. The city's impact schedule estimated $238,092 in added yearly revenue: $138,092 for a judgment levy bond payment and $100,000 for fire department volunteer stipends and an administrative assistant.
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A budget amendment the Tooele City Council approved Dec. 17, 2025 raised the general fund's planned transfer to the capital projects fund by $3,000,000, to $5,292,500, with a matching $3,000,000 appropriation from general fund balance. The general fund had ended fiscal 2025 with $13.2 million unassigned.
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Tooele's fiscal 2027 budget says the Depot redevelopment project area has sunset and no longer collects tax increment. The fund ended fiscal 2025 with $9,385,330, almost all of it assigned to redevelopment agency projects, and the city budgets $2,045,758 for it in fiscal 2027.