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Tooele staff report $5 million property‑tax shortfall from double‑counted centrally assessed values
Summary
Business administrator Lark Reynolds told the board that centrally assessed properties were double‑counted in 2023, producing an estimated $5 million revenue shortfall; staff outlined options to recover the shortfall next year and asked the board to consider tax‑rate choices in June.
The Tooele County School District reported a roughly $5 million shortfall in property‑tax revenue tied to centrally assessed properties that were double‑counted in 2023, business administrator Lark Reynolds told the board.
Reynolds said the county notified the district that the double count created an undercollection this fiscal year, but the county expects the error can be corrected in the next tax cycle rather than by retroactive billing. “Because of that, realizing that it will require taxpayers to pay more, you can see on the bottom bullet point…
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