How much could Sandy's potential tax increase impact your budget?
Jul 15, 2019 02:40PM ● By Justin Adams(Pixabay)
Sandy City is gearing up for a Truth in Taxation hearing after voting to adopt a tentative budget that included a 34% raise in property taxes. The question for many residents is: how much is that in dollars?
Luckily, the city's website has a tool to help residents calculate just how much more they would be paying were the tax increase to be adopted officially during the Truth in Taxation hearing.
The calculator, which can be found here, just requires the value of the property in question, and what kind of property it is (primary residential, secondary residential or commercial). The latter is important because by Utah state law, primary residential properties are taxed at a fraction of the property's value.
The city's Truth in Taxation hearing will take place on August 13 at 6 p.m. at Sandy City Hall.
Luckily, the city's website has a tool to help residents calculate just how much more they would be paying were the tax increase to be adopted officially during the Truth in Taxation hearing.
The calculator, which can be found here, just requires the value of the property in question, and what kind of property it is (primary residential, secondary residential or commercial). The latter is important because by Utah state law, primary residential properties are taxed at a fraction of the property's value.
The city's Truth in Taxation hearing will take place on August 13 at 6 p.m. at Sandy City Hall.