Tuesday’s meeting had some audio and visual technical difficulties. I apologize for any who tried to join in virtually!
Our truth in taxation hearing is a property tax increase to bring the paramedic tax revenue from the county to the city. This has been in the works for a few years now and I want to give a huge thanks to our fire chief Derek Tolman for getting us to a place where we are prepared and ready to take over these important services that will bring a higher quality of service to our citizens.
Since taxation in general feels confusing and overwhelming, I hope this breakdown helps and you are able to understand how this affects you.
•.Currently all South Weber citizens pay a tax to the county for those paramedic services. Davis County is discontinuing those services to all cities in the county. The same amount that you paid to the county will now need to come to South Weber City instead. However, these funds won’t cover the total costs of running the paramedic program (anticipated to cost roughly $150,000/year with the county tax bringing in roughly $65,000/year).
•In addition to this transfer, the certified tax rate is being “held” which essentially means that your property taxes will be based off of this year’s home values. The added revenue this will bring to the city will go towards helping to make up the difference needed (roughly $85,000).
•The SW fire department has requested a grant that will help us pay for the difference for the first three years. We have not yet heard if we have been approved for it yet.
•If SW is able to get the grant, this added revenue from the property tax is anticipated to be earmarked as savings to go towards these services when the grant expires so that we have money saved up to prepare for that change.
•The certified tax rate proposal is proposed to be change from .001403 to .001522. For a home value of $410,000, this increase will be about $55.70 annually or $4.64/month.
•The truth in taxation hearing did not have a vote. It was to hear any question and comments from the public with a vote happening next at next weeks meeting.
Hope that helps! Feel free to ask any questions. Happy Thursday y’all!
See more information here on the city's website.
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