Trace the decisions and financial records linked to Parowan's projects. A budget, bond ceiling, contract authorization and actual payment describe different things.
Parowan's fiscal 2025 audit reports a $1,221,423 long-term receivable from the Parowan Reservoir Company, which agreed to pay $79,000 a year for 20 years toward its share of debt payments. It also owes $352,423 in other costs not expected to be paid until after the debt period.
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The city's auditors reported that Parowan did not complete and approve its fiscal 2025 fraud risk assessment within the fiscal year, as state rules require. The city said 75% of its front-office staff turned over in two months.
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The council authorized up to $12 million in water revenue bonds in June 2026 for a spring treatment plant and new water lines. The city's notice says it expects to borrow no more than $9,675,000 over 30 years, with $1,075,000 in principal forgiveness that does not have to be repaid.
City hall
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The council and its building authority voted 4-0 on Oct. 8 on the bond resolutions, with a public hearing set for Nov. 12. Pickleball lighting and an Eagle Rock subdivision change were tabled.
· From Parowan City
Growth & construction
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The Planning Commission meets Nov. 5 and the County Commission Nov. 9 on a request to change the land from agriculture to industrial. A second hearing covers 13.54 acres near Cedar City.