Tooele Transcript Bulletin – News in Tooele, Utah

July 3, 2013
Proposed county tax hike drops from $88 to $73 thanks to growth

Tooele County residents won’t have to pay as much property tax as previously projected to help the county boost its crippled budget, an official said.

Instead of an $88 increase for a $150,000 homeowner, the new amount is officially $73. The $15 reduction is the result of a new certified tax rate that will be used to tax real properties for the 2013-14 fiscal year, and new growth in the area.

Those numbers were released by Tooele County Treasurer Jeremy Walker during a financial recovery plan update at Tuesday night’s Tooele County Commission meeting.

Walker explained during the update that despite the reduced tax increase, the county will still receive the required $2.6 million in needed additional revenue to begin restoring the county’s rainy day fund, repay loans for Deseret Peak Complex, and create a capital facilities fund.

The treasurer explained the county’s financial recovery plan, which was originally released to the public in May, is designed to reduce service levels and expenditures, and increase taxes to create a cash surplus.

“That surplus will be used to do three things,” Walker said. “Restore the rainy day fund balance, repay loans for Deseret Peak, and to have money in savings to replace and renew capital facilities that are aging.”

Walker said under the recovery plan, the $6.5 million in loans from restricted funds for Deseret Peak Complex will be repaid in three to five years.

Since the county’s financial recovery plan was announced in May, the commissioners have held three town hall meetings to publicly share how the county budget fell into hard times and what is being done to restore it. Approximately 100 total citizens were counted at all three meetings, noted Walker. The meeting with the largest turnout (41) was held on June 25 at Grantsville High School.

To further spread the word, the commissioners will hold two more town hall meetings before a truth in taxation hearing. That hearing is scheduled for 7 p.m. on Aug. 20 at Deseret Peak Complex.

The next town hall meeting is scheduled for July 23 at the Stockton Miners Cafe in Stockton. The next one is set for Aug. 13 at the Tooele High School auditorium. Both meetings will begin at 7 p.m. An explanation about the recovery plan will be given, and then the commissioners will take citizen comment.

David Bern

Editor at Tooele Transcript Bulletin
David Bern is editor of the Tooele Transcript-Bulletin. The 54-year-old journalist began his career with the Transcript-Bulletin as an intern reporter from Utah State University in 1983. He joined the newsroom full time that same year after completing his internship and graduating from USU with a degree in journalism. In 1989 he became editor and served in that capacity for six years. Under his leadership, he guided the newspaper to numerous awards for journalism excellence. After briefly stepping away from the newspaper in 1995, he returned in 1996 to start Transcript Bulletin Publishing’s Corporate and Custom Publishing Division. In that capacity he served as a writer, photographer and editor for 17 years. During that time he created a variety of print and digital communication materials, including brochures, magazines, books and websites. Bern returned to serve as editor of the newspaper in January 2013.

Latest posts by David Bern (see all)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>