Auditing Tooele
The Ledger's review of Tooele's budgets, audits, debt and redevelopment money.
The full audit section: stories by subject, key figures and records →
Background
Auditing Tooele: what the city's audit and budget show
The Utah Ledger's Auditing Tooele series follows Tooele City's money through its own public records. The fiscal 2025 audit shows a $13.7 million general fund balance and $9.4 million in the Depot redevelopment fund. The adopted fiscal 2027 budget totals $80.5 million across all funds.
Read the explainer →Latest update · October 16, 2026
Tooele's Depot redevelopment area has stopped collecting tax increment. Its fund held $9.4 million in 2025.
Tooele's fiscal 2027 budget says the Depot redevelopment project area has sunset and no longer collects tax increment. The fund ended fiscal 2025 with $9,385,330, almost all of it assigned to redevelopment agency projects, and the city budgets $2,045,758 for it in fiscal 2027.
Timeline
- Tooele's Depot redevelopment area has stopped collecting tax increment. Its fund held $9.4 million in 2025.
- Tooele adopts a 2026 property tax increase: $238,092 for a bond payment and fire costs
- Tooele authorizes up to $14 million in sewer revenue bonds for treatment plant upgrades
- Tooele authorized moving $3 million more from general fund balance to capital projects
- Tooele redevelopment agency approves $340,512.80 storm-drain contract tied to business park land sale
Latest updates
- Politics
Tooele's Depot redevelopment area has stopped collecting tax increment. Its fund held $9.4 million in 2025.
Tooele's fiscal 2027 budget says the Depot redevelopment project area has sunset and no longer collects tax increment. The fund ended fiscal 2025 with $9,385,330, almost all of it assigned to redevelopment agency projects, and the city budgets $2,045,758 for it in fiscal 2027.
- Politics
Tooele adopts a 2026 property tax increase: $238,092 for a bond payment and fire costs
Tooele's City Council voted 5-0 on Aug. 19, 2026 to adopt a city property tax rate of 0.002590, above the certified rate of 0.002527. The city's impact schedule estimated $238,092 in added yearly revenue: $138,092 for a judgment levy bond payment and $100,000 for fire department volunteer stipends and an administrative assistant.
- Politics
Tooele authorizes up to $14 million in sewer revenue bonds for treatment plant upgrades
The Tooele City Council adopted a resolution on Sept. 2 authorizing up to $14 million in sewer revenue bonds, according to the city's notice of bonds. At a Sept. 16 hearing, the finance director projected an $11,155,000 issue over 20 years, with payments already built into current sewer rates.
- Politics
Tooele authorized moving $3 million more from general fund balance to capital projects
A budget amendment the Tooele City Council approved Dec. 17, 2025 raised the general fund's planned transfer to the capital projects fund by $3,000,000, to $5,292,500, with a matching $3,000,000 appropriation from general fund balance. The general fund had ended fiscal 2025 with $13.2 million unassigned.
- Politics
Tooele redevelopment agency approves $340,512.80 storm-drain contract tied to business park land sale
Tooele's redevelopment agency board voted 4-0 on Sept. 2 to approve a $340,512.80 agreement with Broken Arrow, Inc., for 1200 West storm-drain and roadway-fill work, plus a $17,000 contingency. The resolution says the agency agreed to the work in a June land-sale agreement with Mountain West Vinyl, LLC.