Legislative Audit Blasts UTOPIA’s Planning, Use of Bond Funds

Legislative Audit Blasts UTOPIA’s Planning, Use of Bond Funds

August 2, 2012

SALT LAKE CITY — UTOPIA has spent nearly all of its $185 million in bond proceeds, though only 59 percent of that has gone toward building infrastructure for the municipal fiber-optics network, a legislative audit found.

The audit, conducted by the Office of the Utah Legislative Auditor General at the request of state lawmakers, blasts the Utah Telecommunication Open Infrastructure Agency for poor construction planning, costly mismanagement and unwise use of bond funds.