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Finances

Town of Castle Valley Financials
June 20, 2024 Public Hearing on the Proposed FY 2025 Budget

[redo the documents section below as an FAQ module, same as meetings]

Annual Audits
  • Financial Reports
  • Financial Certifications
  • Fraud Risk Assesments
  • Approved and Amended Budgets
...are located on the Search Local and State Government Reports website 

Entity Overview Transparencey Reports
These reports track Entities Accounts Receivable and Payable as well as  Annual Payroll, available on the State website Transparent Utah.


Fiscal Matters

The Town has a fiscal year of July 1 through June 30. Discussions on the Budget occur over several months each spring, with the Amended Budget normally passed at the May meeting of the Town Council. And the proposed next year's Budget passed at the June Council Meeting. A Public Hearing is required part for all budget approval processes.
(Under Utah law, revenues must equal expenditures).

Town Purchases  The Town has Purchasing Policy that, in summary, specifies the following:

  • The Mayor has the authority to authorize purchases of under $600 or less
  • The Town Council can approve purchases of $1500 or less without seeking competitive bids
  • The Town Council must have at least three documented bids for purchases between $1,501 and $10,000
  • For purchases of over $10,000 the Town must seek sealed competitive bids through public postings and newspaper advertising
  • Exceptions may be made to these policies in the instances of sole source providers or emergencies
Doc app

Document Center

The Document Center provides easy access to public documents. Click on one of the categories below to see related documents or use the search function.

Categories always sorted by seq (sub-categories sorted within each category)
Documents sorted by SEQ in Ascending Order within category

Previous Year's Audit Certificates1 document

  • FY2012
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Budgets:7 documents

  • 2014
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  • 2016
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  • 2017
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  • 2018
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  • 2019
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  • 2020
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  • 2021
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