A guide to Providence, Utah's finances, drawn from the city's audit for fiscal 2025 and the fiscal 2027 budget ordinance. It covers fund balances, utility debt, the audit's findings and decisions coming up.
Providence is paying for about 90% of a new sewer line at SR-165 and 1200 South. September minutes, not yet approved, say the contracted Sept. 15 completion date had passed and work was expected to finish by the end of October.
Providence is paying for about 90% of a new sewer line at SR-165 and 1200 South. September minutes, not yet approved, say the contracted Sept. 15 completion date had passed and work was expected to finish by the end of October.
Providence's fiber fund reported $376,911 in operating income in fiscal 2025. Construction and debt payments cut its cash from $1.65 million to $663,934, and it still owed $7.51 million on 2021 bonds.
Providence's solid waste fund turned an operating profit in fiscal 2025, its first full year of city-run service. The fund also owed $1,342,782 to the culinary water fund and reported a deficit in unrestricted net position.
In May, Providence's council removed a proposed 19.03% property tax increase for a city library from its tentative budget. It chose a nonbinding Nov. 3 ballot question instead.
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