Salt Lake Tribune
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Senate panel OKs bill that would shift tax cash
This is an archived article that was published on sltrib.com in 2008, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

A bill that would shift tax money from several mostly urban school districts into the faster-growing districts with smaller tax bases got through a Senate panel Monday.

The western portion of the newly split Jordan School District would get $6.6 million, the Alpine District would get more than $6 million and the Davis District would get about $4 million. Twenty-two other districts would get lesser amounts.

The goal is to get more money to the rapidly growing districts that have been hit hardest by steep property-tax increases in recent months.

In order to get the money, the districts would have to pass on a property-tax break to their residents. To make it work, the state would have to put $28.7 million of income tax revenue to the school districts.

Sen. Dan Eastman, R-Bountiful, said SB48 has gone through extensive fine-tuning to make sure districts aren't being penalized to make the cost-sharing work.

There would be no change for 13 districts.

Salt Lake County would be handled differently. In that county, Jordan-West District would get $12 million in money shifted from the Salt Lake City, Granite and Jordan-East districts. Eastman conceded those districts probably won't like the arrangement, but it is the only way to accommodate the growth in the western Jordan district.

The Senate Revenue and Taxation Committee approved SB48 unanimously, sending it to the floor for consideration.

SB48

Would shift tax money from mostly urban school districts into the faster-growing districts with smaller tax bases.

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