Financial Information

Financial Information

Financial Information

Public Costs and Public Value

The public value for the Mountain Accord effort lies in its consensus on agreed-upon actions in the Accord. These actions address complex and controversial issues that previously inhibited progress and solutions for pressing land use, environmental and transportation challenges. The 29 signatory entities, and many more individual signers, formalized a shared vision for moving forward.

Revenue and costs are shown for the inception of the program in 2013 until the end of December 2015 (the period generally referred to as Phase I).

Expenses (for years 2013, 2014, 2015)

Revenue Source (for years 2013, 2014, and 2015)

State of Utah $5,600,000

Cottonwood Heights $100,000

Draper $60,000

Metro Water District of Salt Lake/Sandy $200,000

Park City $200,000

Sandy $200,000

Salt Lake City $400,000

Salt Lake County $400,000

Summit County $100,000

Town of Alta $40,000

Utah Transit Authority $200,000

Utah Department of Transportation $50,000

Wasatch County $50,000

Private Funding $64,572

Interest Income/PTIF/Bank $24,099

Total Revenue: $7,688,671
Total Phase 1 Expenses: $4,771,070
Amount Remaining for Future Phases: 2,917,601

 

 

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