Wellsville
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Wellsville's sewer fund ended fiscal 2025 with $9,491 in cash and a $190,000 advance
Wellsville's Wastewater Collection Fund reported a $320,810 operating loss in fiscal 2025 and ended the year with $9,491 in cash and a $190,000 cash advance owed to the Storm Water Fund. Grants and developer contributions lifted its net position by $347,432.
Wellsville drew $1.7 million of a $3.2 million state water bond in fiscal 2025
Wellsville's fiscal 2025 audit reports $1,700,000 owed on a $3,200,000 water revenue bond from the State of Utah Division of Drinking Water, at 2.4% interest through 2045. The city's management said the ongoing water project would need additional draws.
Wellsville's proposed 2026 property tax increase: $2.54 a year on a $578,000 home
Wellsville City noticed a property tax revenue increase of 1.04% above last year's budgeted amount, excluding new growth, and held a hearing on Aug. 19, 2026. The July notice puts the added revenue at $3,703 a year; the Aug. 19 agenda says approximately $4,060, or about 1.12%.
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