PUBLIC HEARING
To receive public comment on a proposal to increase property tax revenue from the current rate of .000732 to the proposed rate of .000847. Hyrum City tax on a $434,000 residence would increase from $159.45 to $202.18, which is $42.73 per year. Hyrum City tax on a $434,000 business would increase from $289.91 to $367.60, which is $77.69 per year. If the proposed budget is approved, Hyrum City would increase its property tax budgeted revenue by 27.01% above last year’s property tax budgeted revenue excluding eligible new growth.
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Stephanie Fricke
City Recorder
Council Members may participate in the meeting via telephonic communication. If a Council Member does participate via telephonic communication, the Council Member will be on speakerphone. The speakerphone will be amplified so that the other Council Members and all other persons present in the Council Chambers will be able to hear all discussions. In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify Hyrum City at 435-245-6033 at least three working days before the meeting.