Auditing St. George
The Ledger's review of St. George's budgets, audits, debt and redevelopment money.
The full audit section: stories by subject, key figures and records →
Background
Auditing St. George: what the city's own records say about its money
A facts-only review of St. George's budget, audit, debt and redevelopment agencies, starting with the fiscal 2025 annual financial report and the fiscal 2027 adopted budget.
Read the explainer →Latest update · October 16, 2026
A road transfer left St. George's Tech Ridge redevelopment fund $5.8 million lower in 2025
St. George's fiscal 2025 financial report says the Tech Ridge community development area fund's balance fell by $5,793,632 after a transfer for the development's east access road, financed by a loan from another city fund.
Timeline
- A road transfer left St. George's Tech Ridge redevelopment fund $5.8 million lower in 2025
- St. George cut its bonded debt to $102.8 million in 2025 as one electric bond issue was downgraded
- St. George's adopted budget gives two different totals for its general fund
- St. George moves its airport out of the general fund with a $14.1 million transfer
Latest updates
- Politics
A road transfer left St. George's Tech Ridge redevelopment fund $5.8 million lower in 2025
St. George's fiscal 2025 financial report says the Tech Ridge community development area fund's balance fell by $5,793,632 after a transfer for the development's east access road, financed by a loan from another city fund.
- Politics
St. George cut its bonded debt to $102.8 million in 2025 as one electric bond issue was downgraded
The city's fiscal 2025 report shows bonded debt fell by $7,148,000, and records an S&P downgrade of the 2016 electric revenue bonds from A to A- with a negative outlook.
- Politics
St. George's adopted budget gives two different totals for its general fund
The fiscal 2027 budget, adopted 5-0 on June 18, states a $121,791,905 general fund in its narrative, while its general fund revenue table totals $121,736,112, a $55,793 difference.
- Politics
St. George moves its airport out of the general fund with a $14.1 million transfer
The fiscal 2027 budget moves St. George's airport into its own enterprise fund, backed by an estimated $14.1 million fiscal 2026 transfer of restricted general fund balance.