SANTAQUIN —
"I've seen it go from hundreds to nearly 19,000 now. That's a significant jump over time. Especially over 40 years, when I look in this periscope, that goes back to when I tried this job as a 28-year-old to now, it's a whole different view," the mayor said. The new tax rate hasn't been calculated yet because an assessment by Utah County of home values in Santaquin is still being finalized. The proposed increase is expected to produce about $595,000, which averages to about $10 per household, depending on each property's value.Olson said the city was losing many of its officers to other agencies while the demand for public safety and emergency services was increasing.
The city gets about $1 million of revenue from property taxes each year, but it takes around $23 million to run the city for a year, Beagley said. Through the utilization of grants and other ways the city generates funds, the city is able to balance the budget while still providing for every citizen, Olson added.
A tax calculator on the page can be used to approximate the amount a homeowner could see added to their taxes.