KAYSVILLE — After hearing testimony Tuesday on the pros and cons of a tax increase, city leaders will be making a decision this evening on whether or not to increase the city’s tax rate by almost 100 percent.
A Truth in Taxation hearing was held Aug. 12, and city leaders will meet again Thursday evening (Aug. 14) to make a decision.
The increase is necessary, according to city leaders, to fund additional fire and police officers, pay for the debt service on a police station under construction, and replace funds that can no longer be transferred from the city’s electric fund balance due to the November 2013 passage of Proposition 5.
The increase, which brings the annual bill for a home valued at $286,000 from $143.93 to $287.23, is a 99.57 percent increase.
Kaysville has had the lowest tax rate in the county after adjusting for fire and recreation districts, according to information provided by the city. If the council passes the increase, its tax rate will rank eighth among 15 cities.