THE WIRE · UPDATED 4:57 PM MDT No story is too small.
NewsDraper

City of Draper Proposes Property Tax Revenue Increase

Official source This story comes from an official government or institutional source.
City of Draper Proposes Property Tax Revenue Increase
Photo via City of Draper
The City of Draper has issued a notice regarding a proposed increase to its property tax revenue. If approved, the proposal would result in an additional $2,455,712 in annual property tax revenue for the city.

Key takeaways

  • The City of Draper proposes increasing property tax revenue by over $2.4 million annually.
  • Residential taxes on a $941,000 home would increase by $116.97 per year.
  • Business taxes on a $941,000 business would increase by $212.67 per year.
  • A public hearing is scheduled for August 12, 2026, at 6:00 P.M. at Draper City Hall.

The City of Draper is proposing an increase to its property tax revenue, according to a recent public notice. The proposal includes adjustments to taxes for both residential and business properties within the city.

For a $941,000 residence, the tax would increase from $466.83 to $583.80, representing an annual increase of $116.97. For a $941,000 business, the tax would rise from $848.78 to $1,061.45, which is a yearly increase of $212.67.

If the proposed budget is approved, the City of Draper would receive an additional $2,455,712 in property tax revenue per year. This would represent a 25.12% increase in budgeted property tax revenue above last year's revenue, excluding eligible new growth.

The city has invited concerned citizens to participate in a public hearing to discuss the reasons for the proposed increase and provide comments. Residents have the option to attend the hearing either in person or virtually.

The public hearing is scheduled for August 12, 2026, at 6:00 P.M. The meeting will be held at the Draper City Hall Council Chambers, located at 1020 E. Pioneer Rd., Draper, Utah 84020.

For those choosing to participate virtually, instructions will be available via Zoom using Meeting ID 894 6642 4795 and Passcode 413389.

Article details

CategoryNews
CityDraper
ToneNeutral
SourceAI Generated