3. 23-307 Sandy City is proposing to increase its property tax revenue and adopt its final budget. All concerned citizens are invited to a public hearing on the proposed tax increase. (No earlier than 6:00PM)
If the proposed budget is approved, Sandy City would increase its property tax budgeted revenue by 14.87% above last year's property tax budgeted revenue excluding eligible new growth. The Sandy City tax on a $628,000 residence would increase from $317.77 to $365.09, which is $47.32 per year. The Sandy City tax on a $628,000 business would increase from $577.76 to $663.80, which is $86.04 per year.