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Provo district says no tax increase this year after state decertifies proposed rate; will use fund balance and revisit next year
Summary
Superintendent Wendy Dow told the board the Utah State Tax Commission did not certify the district's tax rate after procedural issues; the district will cover about $4 million from its fund balance this year and expects to return to taxpayers next year if needed.
Superintendent Wendy Dow told the Provo City School Board on Oct. 14 that an earlier decision to pursue a truth-in-taxation increase will not result in a tax increase this year after the Utah State Tax Commission declined to certify the rate.
Dow said the district initially planned a truth-in-taxation process in August to raise roughly $3.7 million (now estimated at about $4 million) to support operating needs including teacher salaries. She told the board that county valuation data used during the budget process contained errors and that the district pursued the process in good faith.
“We…
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