What do you think about the proposed property tax increase to fund the library?

The Provo City Council is considering a property tax increase to fund the library. The library faces an $800,000 shortfall. To address this, it made a $235,000 budget cut and is requesting a $448,254 property tax increase. The Council can decide to approve the full property tax increase, no increase, or anywhere in between. 87% of the library's funding comes from property taxes.

The average homeowner would pay an extra $1 per month, approximately. The exact impact on your property tax will depend on the assessed value of your property. For example, if your home is valued at $482,000, you would pay an extra $11.93 per year. If your business is valued at $482,000, you would pay an extra $21.69 per year. 

Do you support a property tax increase? Share your opinion by emailing [email protected], and come to the Truth in Taxation Public Hearing on August 13th at 6pm at City Hall (445 W Center St).

Find more information here.