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“For all these reasons — public trust; accounting and legal challenges; protection of education funding; and the message to our educators — I’m vetoing the bill,” Gov. Spencer Cox wrote to lawmakers.
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Some advocates are pushing Gov. Spencer Cox to veto the bill, but AARP Utah says it will help more people stay in their homes.
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Dollars from the State Basic School Levy on Utahns’ property tax bills used to go directly to local districts. Lawmakers say the change is in the interest of state budget flexibility and giving schools more equitable funding in the future.
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The bond would be used to rebuild Highland and West high schools, as well as go toward district sustainability projects.
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Building upkeep costs and lower tax revenue have left Provo’s library with a large budget shortfall.
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Grantsville and Tooele county officials are celebrating the tax revenue and jobs they expect from two new Utah Inland Port Authority projects, but residents remain unsure.
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The county assessor says that’s because of high property values and freezes to the school fund tax rate.
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Seventeen school districts are proposing tax increases this year, ranging from 3% to 41%. How communities respond often comes down to their relationship with their district
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The tax bumps could start to add up for homeowners if multiple overlapping municipalities and districts ask for, and get their increases.
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To keep up with the demands of a quickly growing population, St. George is also looking at an increase in property taxes.
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Under the agreement, Salt Lake City would lose a spot on the board overseeing the inland port. In return, it would get more tax revenue and more control over some port spending.
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The latest Utah news from Thursday evening, August 26, 2021.