HomeMy WebLinkAboutMotion Sheet - 8/19/2025Item B1
CITY COUNCIL OF SALT LAKE CITY
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MOTION SHEET
CITY COUNCIL of SALT LAKE CITY
tinyurl.com/SLCFY26
TO:City Council Members
FROM: Jennifer Bruno
DATE:August 19, 2025
RE: Truth In Taxation Public Hearing and Final FY2026 Budget Adoption
MOTION 1 (close the public hearing and adopt the final tax rate and budget)
I move that the Council close the public hearing and adopt an ordinance establishing 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, and ratify the budget as adopted by the Council in June.
MOTION 2 (close the public hearing and reconsider FY2026 budget)
I move that the Council close the public hearing and reconsider the FY2026 Budget and adopt a motion
establishing different rates.
Staff Note: If the Council wants to reduce the final tax rate for the Fiscal Year 2025 budget, then
expense cuts and/or efficiency savings corresponding to revenue decreases would need to be identified.
This is required by state law because cities must pass a balanced budget each fiscal year.