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Council hears review of proposed state property‑tax changes; staff to monitor impacts on bond capacity

Murray City Council Committee of the Whole · February 4, 2026

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Summary

Council and staff reviewed several state bills and proposed constitutional amendments (including SB97 and HB161) that would change residential assessment ratios and limit local property‑tax growth; staff discussed potential impacts on local bond capacity and asked council to flag bills of interest for follow‑up.

Council received a legislative update focused on property‑tax and municipal‑finance proposals at the state Legislature.

Staff summarized multiple measures under discussion, including proposals that would (a) change the primary residential assessment ratio (HB161 language discussed), (b) constrain…

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