Salt Lake City budget nears final vote on proposed $9.87-a-month tax hike

Salt Lake City is moving toward final action on its FY27 budget, and the biggest resident-facing issue is a proposed 12.5% increase in the city’s property-tax revenue. If approved, the plan would bring in about $13.5 million more a year.

The city estimates an average home valued at $624,000 would see about $118.38 more a year, or roughly $9.87 a month, on Salt Lake City’s share of the property-tax bill. That does not equal the full bill: the city says about 28% of collected property taxes go to Salt Lake City.

What the money would support

Budget materials say the extra revenue would help cover fire staffing, fire truck fuel and maintenance, capital improvement projects, vehicle maintenance, public lands, justice court and legal-defense-related staffing, and Youth & Family programming.

For residents, that ties the vote to fire response capacity, capital projects, city vehicles, court operations, and programs that serve children and families.

Where the budget process stands

The Salt Lake City Council held its second public hearing on June 2, 2026, and city materials say final budget action is expected in mid-June. The proposal is still pending.

City materials also list an Aug. 11, 2026 Truth in Taxation hearing.

For households, the practical takeaway is simple: the increase would be modest month to month, but it would still show up on property-tax bills at a time when housing and utility costs remain a concern. Residents watching the budget should look for the council’s final vote in mid-June and any changes to the spending plan before the budget is adopted.

Sources

• Salt Lake City FY27 Budget Basics
• KSL.com local report on the tax proposal