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State Fairpark’s finances looking up even as auditor dings management for lax oversight of employee expenses

The 2018 Utah State Fair was a big hit — nearly doubling admission receipts from the previous year.

The State Fair Corporation’s annual financial statement released Tuesday by the State Auditor’s Office uses words like “stellar," “fantastic,” and “one of our most successful years in history.”

Long troubled by shaky finances, the publicly owned Fairpark, now the beneficiary of a new 10,000-seat arena, appears more stable than in many years, with operating revenues — from fair admissions, concessions, building rentals, parking and other streams — topping operating expenses. Admissions brought in $2.2 million, compared to $1.