Annabella reported a $75,000 surplus for fiscal year 2026, according to a September 17 report. During this period, the town generated $866,000 in total revenue, representing a 10.6% increase from the prior year.
Total expenditures for the municipality were recorded at $792,000, which is a 2.4% decrease compared to the previous year. The town's revenue sources accounted for 100% of its total revenue.
Financial data for the municipality is provided by Transparent Utah, a statewide financial transparency website maintained by the Utah State Auditor. Every local government in Utah is required to report revenue, expenditures, and payroll, and the State Auditor's Local Government division also publishes audit reports and annual financial statements.
Most Utah municipalities depend on revenue from property taxes, sales tax distributions, charges for services, intergovernmental transfers, and franchise taxes on utilities. While Utah has a state income tax, there is no local income tax.
