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Library board presents FY26 budget emphasizing capital upkeep, no new tax increase
Summary
Salt Lake City Public Library presented a $43.2 million FY26 budget proposal that keeps the tax rate flat, emphasizes capital work (Marmalade branch façade, main library crescent wall) and uses fund balance for near‑term projects while preparing for a potential general obligation bond and capital campaign in 2026–27.
Salt Lake City Public Library officials briefed the council April 15 on a $43.21 million FY26 budget proposal that would not raise the library property tax rate, prioritize building upkeep and prepare for a planned bond and philanthropic campaign in 2026–27.
Noah Baskett, library director, and Tyler Barr, chief financial officer, said the FY26 budget reflects higher pass‑through property tax obligations to outside entities (inland port authority, convention center hotel and CRA)…
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