Public Hearing Notice – Proposed Tax Increase

NOTICE OF PROPOSED TAX INCREASE
SPRINGVILLE CITY

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

The SPRINGVILLE CITY tax on a $454,000 residence would increase from $186.28 to $195.27, which is $8.99 per year.

The SPRINGVILLE CITY tax on a $454,000 business would increase from $338.68 to $355.03, which is $16.35 per year.

If the proposed budget is approved, SPRINGVILLE 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.

PUBLIC HEARING
Date/Time:    8/15/2023  7:00 p.m.
Location:        Springville Civic Center Council Chambers, 110 South Main Street, Springville

To obtain more information regarding the tax increase, citizens may contact SPRINGVILLE CITY at 801-489-2708.

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