Truth in Taxation

To continue to provide essential services as well as maintain and improve our city, Centerville City Council is proposing to increase revenue through a property tax increase of 14.5%

The City has not realized a property tax increase since 2017, yet the cost of providing services and infrastructure has increased considerably. Since the last property tax increase, inflation or the cost of providing the same service levels has increased 13.1%

WHY DOES CENTERVILLE CITY NEED A TAX INCREASE?

  • Last City property tax increase was in 2017 (the last increase prior to that was in 1992).
  • The purchasing power of property tax dollars declined significantly over the years.
  • More funding is needed to keep up with rising inflation.

HOW WILL THE TAX INCREASE AFFECT ME?

  • The average home value in Centerville is $310,044
  • The average home currently pays $197.47 in Centerville City property taxes a year.
  • The proposed 14.5% increase will raise the City portion of the property tax bill on an average home by $28.63/year or $2.39/month.

INFLATION 2017 - 2020

2017 - 2.84%

2018 - 3.35%

2019 - 2.69%

2020 - 1.74%

2021 - 1.80%

Property Tax Chart

HOW DO PROPERTY TAXES WORK IN UTAH?

Property tax rates in Utah are based on the actual amount of tax dollars collected the prior year. State law limits the City to receiving the same dollar amount in property taxes as it received the prior year - except for taxes from new development - unless the City Council goes through the "Truth-in-Taxation" process. Therefore, as property values go up, the "Certified Tax Rate" goes down.