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SEC warns of indirect risks from tool financing ski resort development

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SEC warns of indirect risks from tool financing ski resort development
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Utah News spotted this story published October 21, 2026 at KPCW. Full coverage may follow as more sources report.

Public infrastructure districts have now issued more than $5 billion in bond debt statewide. To control, or not to control? That's the question for city and county governments when it comes to PIDs, or public infrastructure districts. The Utah Legislature created the development tool in 2019, and it's proven popular, especially in Summit and Wasatch counties.

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