Utah Statutes
§ 11-65-605 — Audit report.
Utah·Title 11 Cities, Counties, and Local Taxing Units·Ch. 11-65 Utah Lake Authority Act·Part 11-65-6 Lake Authority Budget, Reporting, and Audits
(1)The lake authority shall, within 180 days after the end of the lake authority's fiscal year, file a copy of the audit report with the county auditor and the state auditor.
(2)Each audit report under Subsection (1) shall include:
(2)(a) the outstanding principal amount of bonds issued or other loans incurred to finance the costs associated with the lake authority's projects; and
(2)(b) the actual amount expended for:
(2)(b)(i) acquisition of property;
(2)(b)(ii) site improvements or site preparation costs;
(2)(b)(iii) installation of public utilities or other public improvements; and
(2)(b)(iv) administrative costs of the lake authority.
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Legislative History
Enacted by Chapter 59, 2022 General Session
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