Auditing Spanish Fork
The Ledger's review of Spanish Fork'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 Spanish Fork: what the city's own records show about its money
A records-only look at Spanish Fork's budget, general fund reserves, debt, audit and planned borrowing, drawn from the city's audited fiscal 2025 statements, its fiscal 2027 budget records, council minutes and bond notices.
Read the explainer →Key figures
- $231 millionTotal FY2027 city budget, as described by staff at adoptionAuditing Spanish Fork: what the city's own records show about its money →
- $209.7 millionBonds outstanding, June 30, 2025Auditing Spanish Fork: what the city's own records show about its money →
- $16.83 millionFire Station 61 guaranteed maximum price approved March 24, 2026Spanish Fork approves $16.8 million Fire Station 61 construction price →
- $83 millionMaximum lease revenue and refunding bonds authorized June 2, 2026Spanish Fork building authority authorizes up to $83 million in bonds for fire station and public works →
- $3.18 millionProposed FY2027 transfers from utility funds in customer noticeSpanish Fork notice lists $3.2 million in fiscal 2027 transfers from utility funds →
- $6.2 millionFY2025 indirect service charges recorded by the general fundSpanish Fork notice lists $3.2 million in fiscal 2027 transfers from utility funds →
- $1 millionCap on Utah County reimbursement for the competition poolUtah County agrees to reimburse up to $1 million for Spanish Fork competition pool →
Debt and bonds
Spanish Fork building authority authorizes up to $83 million in bonds for fire station and public works
Spanish Fork's Local Building Authority authorized up to $83 million in lease revenue and refunding bonds on June 2, 2026, for a fire station, a public works building and the refinancing of older authority bonds. Its notice estimated $70 million in new bonds; the records reviewed do not show a sale.
Budgets, reserves and taxes
Spanish Fork notice lists $3.2 million in fiscal 2027 transfers from utility funds
Spanish Fork's notice to utility customers listed six transfers from its power, water, sewer, solid waste and broadband funds for fiscal 2027, totaling $3,176,674. The broadband transfer rose from the prior year's notice, and the audited fiscal 2025 statements show a separate $6.2 million in indirect service charges to the general fund.
Contracts and spending
Utah County agrees to reimburse up to $1 million for Spanish Fork competition pool
Spanish Fork approved a five-year sponsorship agreement in March under which Utah County would reimburse up to $1 million of competition pool construction costs at the FitCity Center, in exchange for resident membership rates for some nearby county residents.
Spanish Fork approves $16.8 million Fire Station 61 construction price
The City Council approved a $16,832,500 guaranteed maximum price with SIRQ Construction for Fire Station 61 in March. Staff put the whole project at about $18.5 million to $18.7 million and described borrowing of no more than $15 million.