Auditing Logan
The Ledger's review of Logan's budgets, audits, debt, redevelopment money and officials' disclosures.
The full audit section: stories by subject, key figures and records →
Background
Auditing Logan: what the public records say about the city's money
A facts-only review of Logan City's budgets, audits, debt and redevelopment agency, built from the city's own published records.
Read the explainer →Latest update · October 16, 2026
Logan's $40 million in water bonds has moved from one budget year's estimate to the next
The fiscal 2026 budget estimated the First Dam water bonds would be issued in fiscal 2025. The fiscal 2027 budget shows none in fiscal 2025 actuals and lists them again as a fiscal 2026 estimate. The council has since carried forward $46.4 million for the tank and waterline.
Timeline
- Logan's $40 million in water bonds has moved from one budget year's estimate to the next
- Logan's budget and audit show different fiscal 2025 general fund totals. Both show the same $781,145 change
- Logan's property tax rate fell from 0.001473 in 2020 to 0.000922 in 2025, then rose to 0.001085 in 2026
- Logan's independent auditors issued unmodified opinions for fiscal 2020 through 2025
- In 2023 Logan approved a 20-year, $13 million tax increment area on North Main
- Logan's redevelopment fund balance fell from $11.9 million to $3.4 million from fiscal 2020 to 2023
- Logan's bonds and notes fell from $102.9 million to $83.0 million between fiscal 2021 and 2025
- Logan's general fund balance went from $16.7 million to $38.9 million from fiscal 2020 to 2025
Latest updates
- Politics
Logan's $40 million in water bonds has moved from one budget year's estimate to the next
The fiscal 2026 budget estimated the First Dam water bonds would be issued in fiscal 2025. The fiscal 2027 budget shows none in fiscal 2025 actuals and lists them again as a fiscal 2026 estimate. The council has since carried forward $46.4 million for the tank and waterline.
- Politics
Logan's budget and audit show different fiscal 2025 general fund totals. Both show the same $781,145 change
The fiscal 2027 budget's fiscal 2025 actual column counts transfers and asset sales in its general fund totals; the audited report lists them separately. The two sets of figures match line by line.
- Politics
Logan's property tax rate fell from 0.001473 in 2020 to 0.000922 in 2025, then rose to 0.001085 in 2026
Council minutes list the rate adopted each year; the 2026 rate raises about $1.36 million for Fire Station 73, a police officer and street lighting.
- Politics
Logan's independent auditors issued unmodified opinions for fiscal 2020 through 2025
Each annual report carries an unmodified opinion; the federal audit listing shows no findings for audit years 2022 to 2025.
- Politics
In 2023 Logan approved a 20-year, $13 million tax increment area on North Main
Council minutes from August to November 2023 show the 1400 North Main budget, the share each taxing entity was estimated to pay, and a developer incentive cap of $10,010,000.
- Politics
Logan's redevelopment fund balance fell from $11.9 million to $3.4 million from fiscal 2020 to 2023
The agency's reserves dropped as the council approved downtown plaza spending and developer incentives; its budget was $610,000 for fiscal 2027.
- Politics
Logan's bonds and notes fell from $102.9 million to $83.0 million between fiscal 2021 and 2025
Annual reports show principal outstanding declining each year; in 2025 the council approved bond parameters of up to $60 million and then up to $40 million for water projects.
- Politics
Logan's general fund balance went from $16.7 million to $38.9 million from fiscal 2020 to 2025
Annual financial reports show the general fund's ending balance rising each year from June 2020 to June 2025, alongside higher revenues.