Question: I just paid my property taxes. Where do I learn how the City is spending our tax dollars?
Answer: Syracuse prides itself on providing transparent information for those interested in its finances. In fact, the city has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association for the past nine years, starting in 2010.
Those who are casually interested in the subject should refer to the city’s annual publication of the Citizen’s Financial Report, which provides a general overview of taxes received and where those dollars are spent.
Those more distrustful of local government may use the tool provided by the State of Utah, transparent.utah.gov, to research the city’s financial actions.
Those who crave charts and spreadsheets need look no further than the city’s Comprehensive Annual Financial Report (CAFR). This 100+ page document goes above and beyond state reporting requirements and provides detailed analysis of revenues, expenditures, capital assets, debt, and more.
The city also undergoes an independent audit of its finances annually, providing another level of accountability. The auditors present their report to the council.
Financial reports are available on the city’s website.
Do you have a community question? Submit your question to email@example.com.