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SLC Council approves one-time property tax increase and $44 million for street and park improvements.
The Salt Lake City Council approved a one-time property tax hike on Tuesday, in response to lower-than-expected revenue, and allocated more than $40 million for street and park projects. Residents in attendance welcomed the funding for neighborhood improvements, while others were critical of the additional tax levy on property owners.
The Salt Lake City Council approved a one-time property tax hike on Tuesday, in response to lower-than-expected revenue, and allocated more than $40 million for street and park projects. Residents in attendance welcomed the funding for neighborhood improvements, while others were critical of the additional tax levy on property owners.
Home Values Salt Lake City property owners will see a one-time increase of 0.0011% in their taxes, which the city described as equivalent to $4.08 on a $675,000 home.
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