Cache Cities Prepare For Truth In Taxation Hearings To Maintain Tax Rates, Bring In More Revenue
While several cities and towns in Cache County are seeking to raise their tax revenues, many are saying the increases are from holding tax rates while local populations and property values grow.
Many cities, including Lewiston, Clarkston, Hyde Park, Millville, Nibley, Richmond and Wellsville, are planning to hold their current tax rate. Because the cities would bring in more tax revenue than the year before under the same rates, Utah’s Truth in Taxation law stipulates their councils need to publicize, discuss and approve the increased revenue as tax increases, even if tax rates themselves aren’t going up.
Lewiston Mayor Kelly Field said the city is trying to hold the same tax rate it’s had for 16 years. Read the rest of the story on HJnews.com.
This story is made possible thanks to a community reporting partnership between The Herald Journal and Utah Public Radio.