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Provo school board approves 0.007017 tax rate to raise $4.03 million for teacher pay
Summary
The Provo City School Board unanimously approved a certified property tax rate of 0.007017 during a truth-in-taxation hearing; the district estimates the rate will generate $4,034,177 to help cover salary and benefit increases, including a large health-insurance increase and other rising costs.
The Provo City School Board of Education voted unanimously to adopt a certified property tax rate of 0.007017 after a truth-in-taxation hearing, a change the district projects will generate $4,034,177 in new tax revenue for fiscal year 2026. Business Administrator Devin Daley, during the hearing, told the board and members of the public that the district faces several cost pressures this year including a 4% increase in the state Weighted Pupil Unit (WPU) and a roughly $4.5 million increase in health insurance costs. “We had a 30% increase in our health insurance, which equated to about a 30 or $4,500,000 increase,” Daley said. Daley said the district’s total budget increases for salary and benefits this year are about $7,000,000, with…
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