Auditing Moab
The Ledger's review of Moab's budgets, audits, debt and redevelopment money. Every story in the series, sorted by subject, with the figures the records show and links to the official documents.
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Auditing Moab: what the city's audit and budget records say about its money
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.
Read the explainer →Key figures
- $23.98 millionFY2027 adopted general fund budgetAuditing Moab: what the city's audit and budget records say about its money →
- $23.5 millionWater and sewer revenue bonds outstanding, June 30, 2025Auditing Moab: what the city's audit and budget records say about its money →
- $5.1 millionGeneral fund balance, June 30, 2025Auditing Moab: what the city's audit and budget records say about its money →
- 1Significant deficiency in FY2025 internal control (item 2025-1)Moab's fiscal 2025 audit: payment coding changed after approval without an audit trail →
- $112,970Developer deposits reported as 2024 revenue, correctedMoab corrected $112,970 in developer deposits it had recorded as 2024 revenue →
- $645,000FY2027 general insurance budget lineMoab's general insurance line rises to $645,000 in the fiscal 2027 budget →
Budgets, reserves and taxes
Moab's general insurance line rises to $645,000 in the fiscal 2027 budget
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.
Contracts and spending
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Audits and compliance
Moab's fiscal 2025 audit: payment coding changed after approval without an audit trail
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.
Moab corrected $112,970 in developer deposits it had recorded as 2024 revenue
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.