SLCo Tightens Belt

SLCo Tightens Belt Once Again

In a special meeting, at the urging of Mayor Peter Corroon and Auditor Jeff Hatch, the Salt Lake County Council approved a plan to eliminate a possible tax increase.

At issue was a small increase in property taxes to pay for property tax refunds ordered by the courts, Board of Equalization and the Utah State Tax Commission.

Historically, Salt Lake County has paid these required refunds with separate annual property tax levies. Rather than maintaining this approach, the County decided last December to create a permanent source of funding.

The council members rescinded earlier action, thus eliminating the tax increase. They decided to maintain the traditional method of paying the property tax refunds through annual judgment levies.

They made this determination after learning that the information in public notices regarding the tax, generated by the State Tax Commission, would have been misleading to the public, due to recent changes in state law. The notices would not have accurately reflected the property tax impact.

The County adopted the certified tax rates and eliminated the permanent Judgment Levy and the truth in tax advertisements.

The reduction in revenue will be:
     · General Fund $698,690 less
     · Tax Administration 83,930 less
     · Municipal Services 73,830 less
     · Library 85,320 less
     · Amounts include an estimate for lost motor vehicle fee
        in lieu of taxes


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