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Vernal City News

Posted on: July 8, 2021

Public Hearing - Vernal City Tax Increase

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NOTICE OF PROPOSED TAX INCRASE VERNAL CITY

The VERNAL CITY is proposing to increase its property tax revenue.

- The VERNAL CITY tax on a $201,000 residence would increase from $72.96 to $76.50, which is $3.54 per year.

- The VERNAL CITY tax on a $201,000 business would increase from $132.66 to $139.09, which is $6.43 per year.

- If the proposed budget is approved, VERNAL CITY would increase its property tax budgeted revenue by 4.88% above last year’s property tax budgeted revenue excluding eligible new growth.

All concerned citizens are invited to a public hearing on the tax increase.

PURPOSE OF THE VERNAL CITY TAX INCREASE

The sole purpose of the proposed tax increase is to pay for the Homeless Tax levied by the State Legislature. The State forces cities and counties throughout Utah to pay for services provided to the homeless shelters in Salt Lake County, Ogden and St. George. Vernal City’s share of the Homeless Tax is about $20,000 per year. Even with this increase, Vernal City remains in the lowest 10% property tax rates of Cities in the State. Vernal City taxes account for about 5% of your total property tax bill. If the Homeless Tax is eliminated or Vernal City becomes exempt, city officials commit to lowering the property tax rate similarly as was done in 2019.

PUBLIC HEARING

Date/Time:     8/4/2021 7:15 PM

Location:         Vernal City Building Council Room

                        374 East Main

                        Vernal

To obtain more information regarding the tax increase, citizens may contact VERNAL CITY at 435-789-2255.

This can also be found on the Utah Public Notice Website.

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