Most of Provo's redevelopment tax increment comes from school district taxes
County reports show Provo's redevelopment agency received $1.72 million in property tax increment for tax year 2025, $1.2 million of it from Provo City School District levies. The South University area reached its end year in 2025.
Continuing story: Auditing Provo
Provo's redevelopment agency was paid $1.72 million in property tax increment for tax year 2025 across five project areas, according to the year-end report the State Tax Commission prepared for Utah County. Of that, $1.2 million came from Provo City School District taxes. [1]
The agency was paid $1.28 million for tax year 2024 and $1.78 million for tax year 2023, by The Ledger's tally of the county reports. The school district's share was $890,930 in 2024 and $1.33 million in 2023. [2][3]
In the 2025 report, the Central Utah Water Conservancy District appears twice with identical amounts for two areas. The Ledger counted it once. [1]
Area by area, tax year 2025
The Aviation Services area at the airport received $605,312, including $488,020 from the school district, which contributes 95% of its increment there. The county report lists the area's end year as 2050. [1]
The Mix CRA Phase 1, whose trigger year was 2025, received $515,891, including $365,180 from the school district. The Mill Race area, also starting in 2025, received $86,514. [1]
The South University Avenue area received $388,519. The county reports list 2025 as its end year. [1]
The Freedom Plaza area received $127,309, from Utah County and Provo City only. The 2023 report also listed the school district and water district as contributors there, and the 2024 and 2025 reports do not. [1][2][3]
Records that differ
The agency's 2021 annual report lists a sunset year of 2020 for South University Avenue and 2041 for Aviation Services. [4] The county's reports for 2022 through 2025 list end years of 2025 and 2050, and show increment paid for South University in each of those years. [5][3][2][1]
A new area
A project budget for the new Lakeview Parkway community reinvestment area, scheduled for a public hearing on June 9, 2026, says the agency does not plan to collect property tax increment there and instead expects an agreement for half of the city's share of sales tax from new stores for 20 years, projected at $19.48 million. [6]
A developer's original request for help with a proposed Walmart in that area totaled $8.9 million. June 9, 2026 council minutes describe a revised request of $4.5 million. [7][8]
The council's Aug. 11, 2026 agenda listed a participation agreement and two interlocal agreements for the area. [9]
Sources
- Utah County Auditor · Provo RDA tax increment paid by entity, tax year 2025
- Utah County Auditor · Provo RDA tax increment paid by entity, tax year 2024
- Utah County Auditor · Provo RDA tax increment paid by entity, tax year 2023
- Redevelopment Agency of Provo City · 2021 annual report
- Utah County Auditor · Provo RDA tax increment paid by entity, tax year 2022
- Redevelopment Agency of Provo City · Lakeview Parkway CRA project area budget and hearing notice
- Provo Municipal Council · Dec. 16, 2025 work meeting minutes
- Provo Municipal Council · June 9, 2026 work meeting minutes
- Provo Municipal Council · Aug. 11, 2026 meeting agenda
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.