HomeMy WebLinkAboutProposed Ordinance - 8/15/20251
SALT LAKE CITY ORDINANCE
No. ____ 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)
An ordinance 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.
Be it ordained by the City Council of Salt Lake City:
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 requires a truth in
taxation hearing.
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Further, it is the intent of the City to levy an additional tax, 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.
In June of 2025, the City passed ordinance 32 of 2025, adopting a final budget for the
City and acknowledged a truth in taxation public hearing would be required. The City held a
truth in taxation public hearing in accordance with Utah law on August 19, 2025.
SECTION 1. PURPOSE. The purpose of this ordinance is to ratify the final budget and
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
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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 special 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.
The City Council hereby further levies a tax 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.
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SECTION 5. EFFECTIVE DATE. This Ordinance shall become effective on July 1, 2025.
Passed by the City Council of Salt Lake City, Utah, this ___ day of_____, 2025.
______________________________________
Chris Wharton, Council Chair
ATTEST:
______________________________
Keith Reynolds, City Recorder
Transmitted to the Mayor on __________________________.
Mayor’s Action: _____Approved. _____Vetoed.
______________________________
Mayor Erin Mendenhall
ATTEST:
____________________________
Keith Reynolds, City Recorder
(SEAL)
Bill No. _______ of 2025.
Published: ____________________.
Approved as to Form
Date:_08/15/2025
By: /s/ Jaysen Oldroyd
Jaysen Oldroyd, Senior City Attorney