Where Payson's money goes: power, bonds, and a 2024 building spike
Two vendors take a quarter of it
| Vendor | Total paid | Share |
|---|---|---|
| UAMPS (wholesale power) | $115.4M | 17.2% |
| Zions Bank | $54.7M | 8.1% |
| Red Pine Construction | $15.1M | 2.2% |
| Kenny Seng Construction | $8.7M | 1.3% |
| Mountainland Supply | $7.4M | 1.1% |
The biggest, UAMPS, is the Utah Associated Municipal Power Systems. Payson buys wholesale electricity through it to run the city's power utility, and that one relationship is more than $1 of every $6 the city spends. The second name on the list isn't a contractor at all. Zions Bank shows up because of debt service on the bonds Payson has used to pay for infrastructure. So before you get to a single road or park, power and debt have already claimed a quarter of the budget.
The 2024 spike
What to watch
--- *Source: Utah Public Finance Website (transparent.utah.gov), Payson City entity. Figures are annual vendor and departmental aggregates reported to the state, not individual checks.*
Source documents
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