Auditing La Verkin
The Ledger's review of La Verkin's budgets, audits, debt and redevelopment money.
The full audit section: stories by subject, key figures and records →
Background
Auditing La Verkin: what the city's fiscal 2025 audit says about its money
A facts-only look at La Verkin's finances from its audited statements for the year ended June 30, 2025: the general fund, the budget, debt, the audit opinion and the one compliance finding this series will follow.
Read the explainer →Latest update · October 17, 2026
La Verkin's fiscal 2025 audit reports a $370,557 deficit in its capital projects fund
La Verkin's fiscal 2025 audit reports a negative $370,557 balance in the city's Capital Projects Fund. The auditors said the fund had not been reimbursed for spending on behalf of other funds, and that the fiscal 2026 budget had no appropriation to begin removing the deficit.
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La Verkin's fiscal 2025 audit reports a $370,557 deficit in its capital projects fund
La Verkin's fiscal 2025 audit reports a negative $370,557 balance in the city's Capital Projects Fund. The auditors said the fund had not been reimbursed for spending on behalf of other funds, and that the fiscal 2026 budget had no appropriation to begin removing the deficit.