Notice of Proposed Tax Increase

Published: July 19, 2021

NOTICE OF PROPOSED TAX INCREASE FOR RICHFIELD CITY

RICHFIELD CITY is proposing to increase its property
tax revenue.

  • The RICHFIELD CITY tax on a $210,000 residence would
    increase from $159.16 to $218.87, which is $59.71 per
    year.
  • The RICHFIELD CITY tax on a $210,000 business would
    increase from $289.38 to $397.95, which is $108.57 per
    year.
  • If the proposed budget is approved, RICHFIELD CITY
    would increase its property tax budgeted revenue by
    37.51% above last year’s property tax budgeted revenue
    excluding eligible new growth.

The public hearing will be held on Tuesday, August 3, 2021, at 7:00 p.m. in the Council Chambers of the Richfield City offices located at 75 East Center, Richfield, Utah.

To obtain more information regarding the tax increase,
citizens may contact RICHFIELD CITY at 435-896-6439.