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Central Utah Water presents truth‑in‑taxation proposal and projects to commissioners

Utah County Board of Commissioners · July 31, 2018
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Summary

Central Utah Water staff told commissioners they are considering raising their certified rate (from .00374 to .00400) to support construction and pipeline projects; public hearings were scheduled in August as required by truth‑in‑taxation rules.

Representatives from the Central Utah Water Conservancy District presented the district’s fiscal year budget priorities and a proposed truth‑in‑taxation change that would raise the authorized rate toward .004, yielding roughly $3.9 million more in the district’s budget and increasing the local annual tax on an average home by an estimated $4.37.

Staff outlined capital projects in Utah County including the Olmsted Power Plant completion and the Utah Lake System pipeline into southern Utah County. They said nearly half the district budget is construction and emphasized long lead times for rights‑of‑way and construction. The district noted rising debt obligations and the need to maintain a stable revenue base to preserve bond covenants and to respond to emergency or replacement work on aging infrastructure.

Central Utah Water scheduled public hearings in early August in Orem and Roosevelt and told the board the district’s board will vote on the tax rate on August 15. Commissioners acknowledged the importance of forward planning for water infrastructure as county growth accelerates.