THE WIRE · UPDATED 9:04 AM MDT No story is too small.
NewsSpringville

Springville City Proposes Property Tax Revenue Increase

Official source This story comes from an official government or institutional source.
A blank wooden signpost in a Springville landscape with the Wasatch Mountains in the background, symbolizing civic policy and upcoming municipal decisions.
Photo via AI illustration
Springville City is proposing a property tax increase that would raise annual revenue by $97,000. The proposal includes a public hearing to discuss the reasons for the increase.

Key takeaways

  • Springville City proposes increasing property tax revenue by $97,000 annually.
  • Residential taxes on a $476,000 property would rise by $5.50 per year.
  • Business taxes on a $476,000 property would rise by $10.00 per year.
  • A public hearing was held on Aug. 18, 2026, to discuss the proposal.

Springville City is proposing an increase to its property tax revenue, according to a July 27 statement.

If the proposed budget is approved, the city would receive an additional $97,000 in property tax revenue annually. This would represent a 2.97% increase in budgeted property tax revenue over last year, excluding eligible new growth.

Under the proposal, the tax on a $476,000 residence would increase from $186.40 to $191.90, a yearly increase of $5.50.

For a $476,000 business, the tax would increase from $338.91 to $348.91, representing a $10.00 annual increase.

A public hearing was scheduled for Aug. 18, 2026, at 7:00 p.m. at the Springville Civic Center Council Chambers, located at 110 South Main Street in Springville.

Citizens could participate in the hearing in person or virtually. Virtual participation was available via go.springvilleutah.gov/truthintaxation, with a view-only option via https://www.youtube.com/channel/UCewh9AHZN

Xnpm2AD9e6Y19g.

Article details

CategoryNews
CitySpringville
ToneNeutral
SourceAI Generated