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Utah County projects multi‑million‑dollar shortfalls in first five‑year forecast; staff recommends truth‑in‑taxation review
Summary
County finance staff told commissioners on June 19 that the county's first rolling five‑year forecast shows a roughly $14.9 million deficit in 2025 and about $18 million in 2026 under current assumptions, prompting staff to recommend an early truth‑in‑taxation discussion and revisions to key assumptions.
Utah County finance staff presented the county's first rolling five‑year forecast at the commission meeting on June 19, warning that under current assumptions the general fund faces a shortfall of about $14,900,000 in 2025 that could deepen to roughly $18,000,000 in 2026.
Rudy, a county finance staff member presenting the model, said staff built the forecast from the adopted 2024 budget, excluded one‑time items, and layered in recurring costs and anticipated capital needs. "We're projecting a $14,900,000 deficit next year in '25," Rudy said, adding that staff would refine assumptions and provide an updated model within a week.
Why it matters: the forecast aggregates multiple pressures — volatile sales tax…
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