Some Salt Lake City homeowners may see slightly lower property taxes this year after local school board members voted not to raise them earlier this month.
Some Salt Lake City homeowners may see lower property taxes this year, after local school board members voted not to raise them earlier this month.
Each year, the county assesses the value of land across the region, and sets its “assessed value.” Kearsley said when the assessed value increases, as it did this year, the district will lower its certified tax rate. “An individual parcel ... its value could go up and they could actually pay more,” he said. “But you have another parcel in a different part of the city where they’re paying less, because the whole process looks at the entire city and not each individual parcel that gets taxed.”
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