A photo of downtown Salt Lake City and the Salt Lake Valley was taken on June 2nd. (Spencer Heaps, Deseret News)
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SALT LAKE CITY — On Monday, leaders in Utah’s capital city approved a plan to raise property taxes by about 4.9%. This will be directed towards improving city services and paying for new projects in the west of the city.
The Salt Lake City Council approved the increase in a short special session on the issue. City officials say the tax increase will increase property taxes by $130.45 annually on homes with a median home price of $520,000.
The vote came months after Salt Lake City Mayor Erin Mendenhall We first proposed an increase in May, It claims to help pay for ongoing City services/expenses, library personnel/expenses, and legal compensation related to unprecedented demand for City services.
Congress heard from several residents who opposed the measure. during a meeting earlier this monthAnother Salt Lake City resident, George Chapman, proposed a last-ditch attempt to persuade council members to stop raising taxes.
“Disabled veterans, low-income, fixed-income seniors will all be hurt if this happens,” he said. .”
Michael Bills, who lives on the west side of the city, was one of those who supported the increase at the last two conferences. He told Congress not just to raise taxes, but that more money would go to the west side of the city from the $67.5 million sales tax revenue bond and $85 million general obligation bond that Congress approved on August 17. He said he was excited. Headed to the November poll.
Approximately one-third of the obligatory bonds will be used to finance the new Glendale Regional Park.
“I think these include a lot of the delayed attention that’s being paid to projects in the West,” he said. but we got very little for it no one likes higher taxes but I think western citizens want to see something please give us back our taxes .”
The Council decided on Monday to continue its hearings on final budget amendments for fiscal year 2022-23. It focuses on using transit impact fees to rebuild streets and funding materials to educate voters about the bonds that are on the ballot. Funding for bike and pedestrian access on the 600 North/700 North corridors and grants for outdoor activities.
A public hearing on the proposal is currently scheduled for September 6.