Utah Code § 11-65-605: Audit report.

(1) The lake authority shall, within 180 days after the end of the lake authority's fiscal year, file a copy of the audit report with the county auditor and the state auditor.

(2) Each audit report under Subsection (1) shall include:

(a) the outstanding principal amount of bonds issued or other loans incurred to finance the costs associated with the lake authority's projects; and

(b) the actual amount expended for:

(i) acquisition of property;

(ii) site improvements or site preparation costs;

(iii) installation of public utilities or other public improvements; and

(iv) administrative costs of the lake authority.