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Grantsville council acknowledges proposed property tax increase and adopts interim FY2027 budget
Summary
Council received the Property Tax Impact Schedule showing a proposed tax-rate rise generating about $110,598 in annual revenue and adopted an interim FY2027 budget that holds the proposed revenue in separate accounts pending Truth in Taxation proceedings.
The Grantsville City Council reviewed a Property Tax Impact Schedule on June 17 that proposed increasing the municipal property tax rate from 0.001417 to 0.001488—about a 5% increase above the estimated certified tax rate. Finance Director Aspen Clegg said the increase would generate approximately $110,598.32 in additional annual revenue and would raise the average residential property’s cost by about $1.83 per month; that revenue was proposed to fund a Parks and Recreation employee to support multiple parks and the Veterans Community Center.
Clegg also presented the FY2027 interim budget, which the Council adopted by resolution (2026-48). She explained the interim budget would take effect on July 1 and remain until the final budget is adopted after Truth in Taxation hearings; the proposed property tax revenue would be held in separate general ledger accounts and would not be available for expenditure until the Council completes the final tax-rate process.
