Auditing Richmond
The Ledger's review of Richmond'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 Richmond: What the Cache County city's audit and budget records show
The Utah Ledger begins a series on Richmond's public finances. The city's audited statements for fiscal 2025 received an unmodified opinion, report $2.87 million in utility revenue bonds, and show a General Fund balance of $838,622. The council adopted the fiscal 2027 budget on June 16, 2026.
Read the explainer →Key figures
- $2.87 millionBonds payable at June 30, 2025 (water and sewer revenue bonds)Auditing Richmond: What the Cache County city's audit and budget records show →
- $838,622General Fund balance at end of fiscal 2025Auditing Richmond: What the Cache County city's audit and budget records show →
- $2.2 millionFiscal 2027 adopted General Fund revenueAuditing Richmond: What the Cache County city's audit and budget records show →
- $21.9 millionTotal net position at June 30, 2025Auditing Richmond: What the Cache County city's audit and budget records show →
- 5Subdivisions built under the irrigation requirement, none connected to an operating systemRichmond makes secondary irrigation systems optional in new subdivisions →
- $70Monthly water base rate by July 1, 2030Richmond sets water and garbage rate increases through 2030 →
Budgets, reserves and taxes
Richmond sets water and garbage rate increases through 2030
On June 16, 2026, the Richmond City Council approved yearly increases to the culinary water base rate through July 2030 and to garbage rates through July 2028. In a separate 3-1 vote, it set the mayor's and council's pay increase at 0%.
Contracts and spending
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Other findings
Richmond makes secondary irrigation systems optional in new subdivisions
The Richmond City Council voted 5-0 in July 2026 to stop requiring developers to build secondary irrigation systems. In April, staff said five subdivisions had been built under the requirement and none was connected to an operational irrigation system.
Richmond council keeps its limit on water service outside city limits
At its Aug. 19, 2026 meeting, Richmond's City Council reviewed the city's policy against providing culinary water outside city limits and reached a unanimous consensus to leave the ordinance unchanged.