Auditing Midway
The Ledger's review of Midway'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 Midway: What the city's audit and budget show
The Utah Ledger's new series on Midway's public finances starts with the city's fiscal 2025 audit and its fiscal 2027 budget: an $8.3 million general fund, one bond issue for open space, and a renewal agency with a $97,633 balance.
Read the explainer →Key figures
- $8.38 millionGeneral fund revenue, fiscal 2025 (audited)Auditing Midway: What the city's audit and budget show →
- $3.96 millionOpen space G.O. bonds outstanding, June 30, 2025Auditing Midway: What the city's audit and budget show →
- $434,000Amount the general fund exceeded the 35% threshold, per auditorMidway's general fund balance topped the 35% threshold in fiscal 2025, auditor told council →
- $3.37 millionGeneral fund balance, June 30, 2025Midway's general fund balance topped the 35% threshold in fiscal 2025, auditor told council →
- $2.27 millionUnappropriated fund balance in the FY2027 capital budgetMost of Midway's $3.87 million capital budget for 2027 is unappropriated balance →
- $1.6 millionFY2027 capital project linesMost of Midway's $3.87 million capital budget for 2027 is unappropriated balance →
Budgets, reserves and taxes
Most of Midway's $3.87 million capital budget for 2027 is unappropriated balance
Midway's fiscal 2027 capital improvements budget totals $3,869,408. Of that, $2,267,353 is listed as unappropriated fund balance, and the 14 project lines total $1,602,055.
Contracts and spending
No story in the series on this yet.
Audits and compliance
Midway's general fund balance topped the 35% threshold in fiscal 2025, auditor told council
Midway's auditor told the City Council in February that the general fund balance exceeded the state's 35% threshold by about $434,000 at June 30, 2025. The audited statements show a $3.37 million balance against $8.38 million in revenue.