Notice of Public Hearing – Proposed Tax Increase

PUBLIC HEARING
Richfield City will hold a public hearing 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. The purpose of this hearing is to receive comments on a proposed tax increase.

PROPOSED TAX INCREASE

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.

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