Nephi City is proposing an increase to its property tax revenue, which could result in a 109.30% increase in budgeted property tax revenue above last year's levels, excluding eligible growth. A public hearing regarding the Truth in Taxation proposal was scheduled for Tuesday, August 11, 2026, at 7:00 PM at the Juab County Building in the Senior Center Meeting Space located at 160 N. Main Street, Nephi.
Under the proposed budget, Nephi City would receive an additional $532,000 in property tax revenue per year. The impact on residents and businesses includes a proposed tax increase on a residence valued at $448,000 from $121.48 to $254.04, representing a yearly increase of $132.56. For a business valued at $448,000, the tax would increase from $220.86 to $461.89, a yearly increase of $241.03.
The Truth in Taxation laws in Utah are designed to prevent property taxes from rising solely due to increasing property values. When a taxing entity assesses a rate higher than the Certified Tax Rate determined by the Utah State Tax Commission, the entity must advertise that rate as a tax increase. Residents can attend the meeting in person or virtually via YouTube or Streamyard.
