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Live in Salt Lake City? You’ll see a higher tax bill. Here’s why and how much.

“It’s not lost on any of us — and certainly not to me,” council chair says, “about how hard it is to make ends meet at this time.”

(Bethany Baker  |  The Salt Lake Tribune) Salt Lake City Hall is shown in 2024. The city just approved a property tax increase.

(Bethany Baker | The Salt Lake Tribune) Salt Lake City Hall is shown in 2024. The city just approved a property tax increase.

Salt Lake City residents will see an increase to their tax bills this fall.

The City Council unanimously approved a 9.16% property tax hike Tuesday night after a public hearing.

That means the average homeowner with a house worth $703,000 in Salt Lake City will pay an additional $8.35 a month in property taxes, while business owners with a commercial property valued at $1 million will pay $21.58 more a month, a city spokesperson said.

The boost is already in effect, but taxpayers will see it on their property tax bill in November. The hike will affect only the city’s portion of property taxes, and it will generate about $13.5 million in funding. That money will go toward maintenance of city public lands and vehicles, expansions to the city’s criminal justice system, additional firefighting resources, and funding for youth and family programs.

City Council Chair Alejandro Puy said he appreciated the work from city administrators hoping to reduce the budget to prevent a tax increase. But with rising costs — such as asphalt to fix city streets, which he said jumped from $44 a ton in 2020 to $64 this year — a tax increase was unavoidable.

“The impact to all of our neighbors is heavy, and I don’t think anybody here took it lightly,” Puy said. “... It’s not lost on any of us — and certainly not to me — about how hard it is to make ends meet at this time.”

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