Increase in Property Tax Values and Federal Funding Drastically Change Public Education Expenditures in FY 2021
According to a new Association report, rising property values have impacted tax rates across the state. The annual School Spending Report, released in February, examines spending, revenues, and tax rates from all 41 school districts and combined charter school expenditures during the Fiscal Year 2021. In its findings, the Association found that school district’s overall […]
Utah’s Tax and Fee Burden Continues to Climb
Utah’s state and local government tax and burden ranked higher than the nation’s during Fiscal Year (FY) 2019, according to the Utah Taxpayers Association’s annual calculations in the How Utah Compares report. Tax burden is expressed as the percentage of total personal income (FY 2019) consumed by state and local taxes (FY 2019). Data is […]
New Association Report Finds that on Average, Utahns Pay $668 in Taxes and Fees to City Government
Understanding Utah Property Taxes
Most Utah property tax payers saw their taxable values increased dramatically this year and the natives are getting restless. The Utah Legislature’s joint Revenue and Taxation Interim Committee held a public hearing last Wednesday to hear from local property tax administrators and the public regarding the current property tax increases. As I listened to those […]
New Association Report Calculates How Much the Typical Utah Family Pays in Taxes and Fees
Have you ever been curious how much you pay across all major taxes in a year? The Utah Taxpayers Association has released a new annual report, titled “The Beehive Family – The Tax Burden of the Bob and Brooke Beehive Family”. The report examines the annual tax burden that the typical Utah family pays based […]