ST. GEORGE — Seventy-eight cities and taxing entities throughout the Beehive State have proposed tax hikes this year, according to data compiled by the Utah Taxpayers Association.
Over the next six weeks, those 78 entities will hold public hearings to justify the proposed budget increases. Last year, 90 entities increased their budgets to trigger hearings and Rusty Cannon, president of the Utah Taxpayers Association, said 46 of the 78 entities that are raising taxes this year also did so in 2022.
“This gold-standard property tax law, pioneered in Utah and replicated across the nation, facilitates transparency and provides an effective check on government spending,” the tax watchdog group said in a statement. “Unlike in many other states, taxing entities in Utah do not receive an automatic revenue windfall simply because of an increase in property values.”
Cannon said local government growth is the “sole source” of tax hikes. In 2022, the average tax hike clocked in at 34.13% compared to 18.04% this year.
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Written by LOGAN STEFANICH, KSL.com.
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