Council hears RDA payback timeline and opts to schedule precautionary tax‑hearing notice under new state rule
City staff briefed the council on RDA (tax increment) payback timing and the practical effect of a new state requirement to notify the tax commission by June 1 if a jurisdiction plans a tax‑rate hearing; the council agreed to place a tentative tax hearing on the calendar and to weigh options on RDA fund balance usage.
The full story
PERRY, Utah — City staff told the council May 15 that the city—s tax‑increment (RDA) developer payback is on track to be repaid by fiscal year 2027, and that councilors should consider whether to transfer existing fund balance to retire that obligation early or hold the funds for other uses.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or