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Castle Valley Town Proposes Property Tax Revenue Increase

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A close-up of a weathered wooden post against the red rock mesas of Castle Valley, Utah, under harsh sunlight.
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Castle Valley Town is proposing an increase in property tax revenue. If approved, the town would see a 54.04% increase in budgeted property tax revenue compared to last year, excluding eligible new growth.

Key takeaways

  • Castle Valley Town proposes increasing property tax revenue.
  • The tax on a $459,000 residence would increase by $105.77 annually.
  • The tax on a $459,000 business would increase by $192.32 annually.
  • Approval of the budget would increase budgeted property tax revenue by 54.04%.

Castle Valley Town is proposing to increase its property tax revenue, according to a notice regarding a proposed tax increase. If the proposed budget is approved, the town would receive an additional $73,666 in property tax revenue per year.

The proposal would result in different annual increases depending on the property type. For a $459,000 residence, the tax would increase from $195.40 to $301.17, a yearly increase of $105.77. For a $459,000 business, the tax would increase from $355.27 to $547.59, representing a yearly increase of $192.32.

A public hearing was scheduled for Aug. 12, 2026, at 6:30 PM at the Town Building located at 2 Castle Valley Dr. in Castle Valley. The town invited concerned citizens to participate in the hearing either in person or virtually to hear comments and explanations regarding the proposed increase.

Citizens seeking more information can contact Castle Valley Town at 435-259-9828 or visit https://www.castlevalleyutah.com/. Instructions for virtual participation were to be available on the town's website no later than 24 hours before the scheduled hearing.

Article details

CategoryNews
CityCastle Valley
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SourceAI Generated