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ULCT board begins framing response to proposed property‑tax changes; staff to model impacts
Summary
ULCT staff briefed the board on a series of potential reforms to Utah’s truth‑in‑taxation process — from process fixes to annual caps, changes to the residential valuation and calendar shifts. Staff said further modeling is needed and will return to the board and Local Policy Committee for prioritization and technical analysis.
Staff presented early results from member polling and a list of policy options under discussion at the Legislature, ranging from minor process fixes to large structural changes such as annual caps on taxable revenue growth and changes to the residential valuation formula.
Staff explained two notification systems currently used in Utah’s truth‑in‑taxation process: a long‑standing…
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