NOTICE OF PROPOSED TAX INCREASE

SALT LAKE CITY SUBURBAN SANITARY DISTRICT NO. 1

 

The Salt Lake City Suburban Sanitary District No. 1 is proposing to increase its property tax revenue.

The Salt Lake City Suburban Sanitary District No.1 tax on a $223,000 residence would increase from $25.27 to $47.96 which is $22.69 per year.

The Salt Lake City Suburban Sanitary District No. 1 tax on a $223,000 business would increase from $45.94 to $41.25, which is $41.25 per year.

If the proposed rate is approved, Salt Lake City Suburban Sanitary District No. 1 would increase its property tax revenue by 89.5% above last year’s property tax revenue excluding new growth.

 

All concerned citizens are invited to a Public Hearing on:

 Date: August 9, 2012

 Time: 6:00 P.M.

 Place: Salt Lake City Suburban Sanitary

 District No. 1 Office

 3932 South 500 East

 Salt Lake City, UT  84107-1895

 

To obtain more information regarding the tax increase, citizens may contact Salt Lake City Suburban Sanitary District No. 1 at (801) 262-2904.

 

 Why an increase?   

1.    Current collection system is approx. 55 yrs old – Estimate useful life is 50yrs

2.    Many lines need to be rehabilitated (Relined vs Replaced)

3.    Annual Maintenance has pinpointed $9.4 million worth of capital projects that

        need rehabilitation within the next 5 yrs

4.    Line failure & replacement is 5x the cost of a proactive relining

5.    Entering a new stage of collection system

  

Why so Large?

    District has not had a property tax increase in over 20 yrs