Ivins, UT has seen its population nearly double from 6,800 in 2010 to about 11,000 today, yet property tax rates have remained unchanged for over 15 years. Officials are now proposing a significant 34% tax hike to manage a $540,000 budget gap. Although the average homeowner would pay an additional $122 annually, rising inflation and stagnant income make this increase burdensome for residents. Utah’s Truth in Taxation law complicates the situation by requiring tax rates to lower as property values rise, leaving the city with limited revenue to support its expanding needs.
For 15 years, property tax rates in Ivins have remained unchanged, despite a population growth of 61%. This has led to increased strain on city services.
Utah’s Truth in Taxation law ensures that property tax rates adjust downwards with rising property values, limiting local government revenue despite a growing population.
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