by Tax Watchdog | May 21, 2010 | Uncategorized
Loretta Park May 21, 2010 Even though concerns were expressed during a workshop meeting, the Layton City Council unanimously voted to approve a resolution authorizing the city to enter into an interlocal agreement to form the Utah Infrastructure Agency. The agency...
by Tax Watchdog | May 20, 2010 | Uncategorized
Jenniffer Wardell May 19, 2010 At what point is it smartest just to accept your losses and walk away? That’s the question UTOPIA’s member cities will find themselves facing once again in the coming months. The fiber-optic system will ask city councils to finance...
by Tax Watchdog | May 20, 2010 | Uncategorized
Rebecca Palmer May 20, 2010 Just weeks after asking taxpayers for $60 million more in financing, UTOPIA officials were harshly criticized by key state lawmakers Wednesday morning. Sen. Howard Stephenson, president of the Utah Taxpayers Association, told Layton city...
by Tax Watchdog | May 20, 2010 | Uncategorized
Steven Oberbeck May 20, 2010 Operators of the Utopia network were sharply criticized this week by state lawmakers who questioned whether the fiber optic system could ever reach the point where its revenue was covering its operating expenses. Long-time Utopia critic...
by Tax Watchdog | May 17, 2010 | Uncategorized
May 16, 2010 Royce Van Tassell Recently, UTOPIA announced that it wants taxpayers to back another $60 million in bonds, on top of the hundreds of millions in debt taxpayers backed just two years ago. This time, it claims, things will be different. This time, it knows...
by Tax Watchdog | May 10, 2010 | Uncategorized
Steven Oberbeck May 8, 2010 The Utopia fiber-optic system once again will ask the leaders of its 11-member cities to commit millions more to bolster the nearly bankrupt network. Two years after its last period of financial turmoil — one that saw member cities...