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Jordan Valley Water seeks 11.1% property-tax increase to fund treatment and storage projects
Summary
Jacob Young of Jordan Valley Water told Taylorsville council the district proposes an 11.1% property-tax rate increase that would raise about $3.1 million, fund treatment-plant upgrades and new storage reservoirs, and cost the average service-area household roughly $11.78 per year on a $630,000 home.
Jacob Young, deputy general manager of the Jordan Valley Water Conservancy District, told the Taylorsville City Council on July 9 that the district plans to propose an 11.1% increase in its property-tax rate to cover infrastructure and operating needs.
Young said the increase would generate about $3.1 million in additional tax revenue and that about 30% of the district's revenue currently comes from taxes. "For the average home within our service area of $630,000, it's…
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