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Park City adopts $45.37 million 2026 budget and approves exceedance of revenue-neutral rate
Summary
Council held the required hearings and adopted the City of Park City’s 2026 budget of $45,368,378 and a mill levy of 42.902 mills, voting to exceed the revenue neutral rate after a public hearing and roll-call approval of the resolution.
The Park City Council adopted the 2026 city budget of $45,368,378 and approved a proposed mill levy of 42.902 mills during the Aug. 26 meeting after public hearings on the revenue neutral rate and the budget.
City staff told the council the proposed 42.902‑mill levy is 0.5 mills lower than last year’s final levy but still exceeds the calculated revenue neutral rate of 37.776 mills; because the proposed levy exceeds the revenue neutral rate the council first…
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