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Notice of Proposed 2020 Tax Increase in Conformance With Utah Code Ann. Section 59-2-919(3)(a).
The County of Salt Lake is proposing to increase its property tax revenue. The County of Salt Lake tax on a $368,000 residence would increase $33.60 per year. The County of Salt Lake tax on a $368,000 business would increase $61.09 per year. Purpose of the proposed increase is to provide funding for services newly mandated by the State of Utah, to provide for the operations of new or expanded voter-approved facilities in Salt Lake County government and other essential government purposes. Approximate percentage increase in property tax budgeted revenue would be 8.72% above 2019 property tax budgeted revenue excluding new growth.
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Description: The County of Salt Lake is proposing to increase its property tax revenue. The County of Salt Lake tax on a $368,000 residence would increase $33.60 per year. The County of Salt Lake tax on a $368,000 business would increase $61.09 per year. Purpose of the proposed increase is to provide funding for services newly mandated by the State of Utah, to provide for the operations of new or expanded voter-approved facilities in Salt Lake County government and other essential government purposes. Approximate percentage increase in property tax budgeted revenue would be 8.72% above 2019 property tax budgeted revenue excluding new growth.
Requested Action: Informational
Presenter(s): Mayor Jenny Wilson and Deputy Mayor/CFO Darrin Casper
Time Needed: 10 min
Time Sensitive: Yes
Specific Time(s): Must appear on the October 22, 2019 agenda
Requesting Staff Member: Darrin Casper, Deputy Mayor/CFO
Will You be Providing a PowerPoint: Choose an item.
Please attach the supporting documentation you plan to provide for the packets. Agenda items must be approved by Wednesday at 11:00 am. While not ideal, if PowerPoint presentations are not yet ready, you can submit them by 10 am the Friday morning prior ...
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