South Ogden Audit Report Presentation

From a previous city council meeting on 12-16-2008 (See Here) a presentation was given by the city auditors.  On the way out I asked if the presentation would be made available for the public to review.  They told me they would do their best to have the presentation posted to the city website. I was pleasantly surprised to see it posted online for all to see and download.  The final documents have not been posted yet.  However you can review the PowerPoint used in the presentation. (See Here) - Also I have added a new downloads section to the blog.  You can download important documents as they come available.

Interesting note: unlike other cities, South Ogden gets a huge chunk of change from property taxes.  Nearly 23 percent of revenue comes from property taxes alone.  But sales taxes are still the big winner for the cash.  31 percent of all revenue comes from sales taxes.  If we continue to see sales tax revenue drop in 2009 this could hit us hard.  There won't be room to take this out of property taxes; especially if South Ogden raises our property taxes to pay for a rec center gym facility.

On the last slide you can compare South Ogden with other cities like Riverdale, Clearfield, West Point and Washington Terrace. (See example below)

Conclusion: as of June 30th, 2008 the city is in good shape and doing well.  It will be interesting to see how we are doing in the coming months.