HomeMy WebLinkAbout033 of 2025 - Budget FY 2026 - Tax Rate Including Judgment Levy for Salt Lake City and SLC Library 1
SALT LAKE CITY ORDINANCE
No. 33 of 2025
Adopting the final rate of tax levy, including the final levy for the
Library Fund, upon all real and personal property within
Salt Lake City, made taxable by law for fiscal year 2025-2026
PREAMBLE
Chapter 2, Title 59 of the Utah Code states that the governing body of each city shall, by
ordinance or resolution, adopt a proposed tax levy or, if the tax rate is not more than the certified
tax rate, a final tax levy on the real and personal property for various municipal purposes.
Chapter 2, Title 59, of the Utah Code provides for certain notice and hearing requirements
if the proposed tax rate exceeds the certified tax rate. In that event, the proposed tax rate does not
become final unless approved by resolution of the City Council following such notice and public
hearing. It is the intent of Salt Lake City to comply with the mandate of the Utah Legislature, but
reserve in itself the power to amend the tax rates set herein to guarantee, after final appraisal figures
have been determined, that it does not exceed the amount required for its governmental operations
and taxing authority granted by the Legislature.
It is the intent of Salt Lake City to adopt a total final tax rate for the general fund and to
adopt a final tax rate for the Library. The City acknowledges this action will require a truth in
taxation hearing.
Additionally, it is the intent of the City to levy an additional tax (which may include a levy
for the library fund), if necessary, to cover costs of State legislative mandates or judicial or
administrative orders under Chapter 2, Title 59 of the Utah Code.
Further, the City intends to engage in conversations with the State and County leadership
regarding a notification that was received by the City on June 4, 2025 that the State and County
do not consider the Salt Lake City Library as a separate taxing entity.
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SECTION 1. PURPOSE. The purpose of this ordinance is to adopt a final tax levy, which
includes the amount of the final library fund tax levy previously adopted, pursuant to Chapter 2,
Title 59 of the Utah Code, upon all real and personal property within Salt Lake City made taxable
by law during fiscal year 2025-2026 to defray the necessary and proper expenses of Salt Lake City
to maintain the government thereof and for operating and maintaining its libraries and reading
rooms and to pay for costs of State legislative mandates or judicial or administrative orders under
Chapter 2, Title 59 of the Utah Code.
SECTION 2. FINAL TAX LEVY: 2025-2026. The City Council hereby adopts the
following final levy, subject to Chapter 2, Title 59 of the Utah Code, upon all real and personal
property within Salt Lake City made taxable by law, for the fiscal year of Salt Lake City beginning
July 1, 2025, and ending June 30, 2026, a tax of 0.003180 on each dollar of taxable valuation of
said property apportioned as follows:
a) 0.002130 shall be credited as revenue in the general fund, generating $108,006,905 of
ongoing revenue; and
b) 0.000011 shall be credited to the judgment levy for the general fund, a one-year
adjustment generating $579,167 of one-time revenue; and
c) 0.000630 shall be credited as revenue in the library fund, generating $31,945,704 of
ongoing revenue; and
d) 0.000328 shall be credited toward repayment of General Obligation Bonds, generating
$16,634,258 of ongoing revenue; and
e) 0.000081 shall be credited as revenue in the Governmental Immunity Fund for tort
liability, generating $4,107,305 of ongoing revenue.
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The City Council hereby further levies a tax, which may include a levy for the library fund, to
cover the costs of State legislative mandates or judicial or administrative orders under Chapter 2,
Title 59 of the Utah Code as determined by the Utah State Tax Commission and the Salt Lake
County Auditor’s Office.
Said tax levies in this Section 2 shall be subject to Mayor approval and City Council
reconsideration pursuant to § 10-3b-204 of the Utah Code.
SECTION 3. CERTIFIED TO AUDITOR. The tax levies hereinabove determined and
levied shall be certified by the City Recorder to the Auditor of Salt Lake County, State of Utah,
pursuant to the provisions of Chapter 2, Title 59 of the Utah Code.
SECTION 4. RESERVED POWER AND RIGHT TO AMEND. The City hereby expressly
reserves the power and right to amend any property tax levy made herein as it may deem just,
proper and appropriate under the law.
SECTION 5. EFFECTIVE DATE. This Ordinance shall become effective on July 1, 2025.
Passed by the City Council of Salt Lake City, Utah, this 10th day of June, 2025.
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Chris Wharton, Council Chair
ATTEST:
Keith Reynolds, Recorder
Transmitted to the Mayor on .
Mayor’s Action: _____ Approved. _____ Vetoed.
Erin Mendenhall, Mayor
ATTEST:
Keith Reynolds, City Recorder
Bill No. 33 of 2025.
Published:
APPROVED AS TO FORM
Office of the City Attorney
Date: _________________________________
By: __________________________________
June 13, 2025
Chris Wharton (Jun 17, 2025 11:18 MDT)
Erin Mendenhall (Jun 17, 2025 12:43 MDT)
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6/18/2025
*Adopted June 10, 2025 - Ordinance 33 of 2025
Budget FY 2026 - Tax Rate Including Judgment
Levy for Salt Lake City and SLC Library
Final Audit Report 2025-06-17
Created:2025-06-13
By:DeeDee Robinson (deedee.robinson@slc.gov)
Status:Signed
Transaction ID:CBJCHBCAABAANHS4MGId5gYjeJMzU8t14pVc8JBABXWY
"*Adopted June 10, 2025 - Ordinance 33 of 2025 Budget FY 202
6 - Tax Rate Including Judgment Levy for Salt Lake City and SL
C Library" History
Document created by DeeDee Robinson (deedee.robinson@slc.gov)
2025-06-13 - 6:57:57 PM GMT
Document emailed to Mark Kittrell (mark.kittrell@slc.gov) for signature
2025-06-13 - 7:02:08 PM GMT
Email viewed by Mark Kittrell (mark.kittrell@slc.gov)
2025-06-13 - 7:19:48 PM GMT
Document e-signed by Mark Kittrell (mark.kittrell@slc.gov)
Signature Date: 2025-06-13 - 8:16:59 PM GMT - Time Source: server
Document emailed to Chris Wharton (chris.wharton@slc.gov) for signature
2025-06-13 - 8:17:01 PM GMT
Email viewed by Chris Wharton (chris.wharton@slc.gov)
2025-06-14 - 8:38:07 AM GMT
Document e-signed by Chris Wharton (chris.wharton@slc.gov)
Signature Date: 2025-06-17 - 5:18:45 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slc.gov) for signature
2025-06-17 - 5:18:46 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slc.gov)
2025-06-17 - 6:43:31 PM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slc.gov)
Signature Date: 2025-06-17 - 6:43:40 PM GMT - Time Source: server
Document emailed to Keith Reynolds (Keith.Reynolds@slc.gov) for signature
2025-06-17 - 6:43:42 PM GMT
Email viewed by Keith Reynolds (Keith.Reynolds@slc.gov)
2025-06-17 - 7:56:48 PM GMT
Document e-signed by Keith Reynolds (Keith.Reynolds@slc.gov)
Signature Date: 2025-06-17 - 7:59:53 PM GMT - Time Source: server
Agreement completed.
2025-06-17 - 7:59:53 PM GMT