“When There’s a Single Thief, It’s Robbery. When There are a Thousands Thieves, it’s taxation.” Vanya Cohen
No one likes property tax. I call it the most dreaded tax. I did some research into how much our residents were paying in property tax and found that if we adjust for inflation we’re collecting less than we were clear back to 1998.
The Utah State Government has set up a system that gives cites no allowance for inflation in property tax unless they call it a tax increase. Cities around the State, including Provo, have been reluctant to do this so as a result most of us are functioning on far less spending income than we did many years ago. At the same time, demands for services from residents have only increased.
This years budget includes a one year cost of living adjustment that we will use to fund an additional police officer.