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Council completes last FY2024‑25 budget cleanup and accepts certified tax rate provided by county
Summary
Finance staff presented final budget revision items and the county‑issued certified tax rate for FY2024‑25; the council opened and closed a public hearing on budget revisions and scheduled the items for action next week, noting the certified tax rate reflected assessed value changes rather than a tax increase.
Finance staff presented several final budget revision items to close out the fiscal year and explained the certified tax rate information provided by the Iron County assessor.
The budget revisions covered a range of routine matters: pass‑through Community Development Block Grant funds sent to the housing authority, reallocation to the cross‑hollows arena and park projects, and internal reallocations for public works and leisure services (golf course recovery and aquarium/aquatic center needs were discussed). Staff opened a public hearing, received no public comment and placed the budget revisions on the action agenda.
On the certified tax rate, staff reported the county provided the certified rate later in the process; the city’s certified rate for the general fund declined slightly from 0.001607 to 0.001583, reflecting changes in assessed values and standard property tax calculations. Staff noted this is not a new tax or rate increase and that any deviation from the certified rate would trigger the state’s truth‑in‑taxation process. Council members asked procedural questions about county timing for certified rates and accepted the documents for action.
The council closed the hearing and scheduled both the budget revision and the certified tax rate items for formal action at the next meeting.
