Chapter 13.10
ANNUAL PROPERTY TAX LEVY

Sections:

13.10.010    Council to levy tax.

13.10.020    Basis for determining tax.

13.10.030    Apportionment of proceeds.

13.10.040    Limit on total levy.

13.10.010 Council to levy tax.

Not later than June 22nd of each year, or August 17th in the case of a property tax rate increase under Sections 59-2-919 through 59-2-923, Utah Code Annotated 1953, the Council at a regular meeting or special meeting called for that purpose shall by ordinance or resolution set the real and personal property tax levy for City purposes, but the levy may be set at an appropriate later date with the approval of the State Tax Commission.

In its computation of the total levy, the City Council shall determine the requirements of each fund for which property taxes are to be levied and shall specify in its ordinance or resolution the amount apportioned to each fund. [Ord. 06-10 § 2; amended 1997; Code 1971 § 3-2-1.]

13.10.020 Basis for determining tax.

From the effective date of the budget or of any amendment enacted prior to the date on which property taxes are levied, the amount stated therein as the amount of estimated revenue from property taxes shall constitute the basis for determining the property tax levy to be set by the council for the corresponding tax year, subject to the applicable limitations imposed by law. [Amended 1997; Code 1971 § 3-2-2.]

13.10.030 Apportionment of proceeds.

The proceeds of said levy apportioned for general fund purposes shall be received as revenue in the general fund. The proceeds of said levy apportioned for utility and other special fund purposes shall be credited to the appropriate accounts in the utility or other special funds. [Amended 1974; Code 1971 § 3-2-3.]

13.10.040 Limit on total levy.

The combined levies for each town, for all purposes in any year, excluding the retirement of general obligation bonds and the payment of any interest, and taxes expressly authorized by law to be levied in addition, may not exceed 0.007 per dollar of taxable value of taxable property. [Amended 1997; Code 1971 § 3-2-4.]