Richfield adopts a higher property tax rate estimated to bring in $500,000 more a year
Richfield's council adopted a tax rate of .002277 for 2026-27, up from .001721, after a truth-in-taxation hearing. The city's notice said the change would raise property tax revenue about $500,000, or 32.33%, and add $100.92 a year to the city's tax on a $330,000 home.
Continuing story: Auditing Richfield
Richfield City adopted a property tax rate of .002277 for 2026-27, after a public hearing on a proposal the city said would raise its property tax revenue by about $500,000 a year. [1][2][5]
The city's notice said its property tax budgeted revenue would rise 32.33% above the previous year's, excluding eligible new growth, if the proposed budget was approved. [1]
What the notice said
According to the notice, the city's tax on a $330,000 residence would rise from $312.36 to $413.28, or $100.92 a year. Its tax on a $330,000 business would rise from $567.93 to $751.41, or $183.48 a year. [1]
The notice set the hearing for 6 p.m. Aug. 11, 2026, in the council room at 75 E. Center St. [1]
The hearing
The minutes of the Aug. 11 special meeting describe the proposal as raising the rate from 0.001721 to 0.002277. The hearing ran from 6:08 p.m. to 7 p.m. [2]
According to the minutes, the mayor said about $150,000 would go to the police department and about $150,000 would supplement Class C road funds. Councilmember Kip Hansen said the cost of equipment and supplies had "outstripped the City's ability to keep up." [2]
Six residents spoke, the minutes record. Concerns included fixed incomes, the police budget, public works and the size of the increase. No vote on the tax was taken at the hearing; four council members were present and Councilmember Kendrick Thomas was excused. [2]
The votes
On June 23, the council voted 5-0 to approve a tentative budget of $10,272,761 that included the proposed $500,000 increase, with $150,000 of it going to the police department. [3]
The Aug. 25 agenda listed Resolution 2026-6, "accepting the certified tax rate for fiscal year 2026-27." The minutes posted for that meeting record the council accepting a rate of .002277, moved by Hansen and seconded by Thomas, by a 5-0 roll call vote. The opening line of those posted minutes gives the date as Aug. 11; their contents follow the Aug. 25 agenda. [4][5]
The tax amounts for a $330,000 home and business are the city's own examples of its share of the property tax, not the full bill, which includes other taxing entities. The $500,000 is the city's estimate of added revenue, not collected revenue.
Sources
- Richfield City · Notice of proposed tax increase (posted June 10, 2026)
- Richfield City Council · Aug. 11, 2026 special meeting (truth-in-taxation hearing) minutes
- Richfield City Council · June 23, 2026 minutes
- Richfield City Council · Aug. 25, 2026 agenda
- Richfield City Council · minutes posted for the Aug. 25, 2026 meeting (opening line reads Aug. 11)
Reporting by The Utah Ledger from the public records above. AI-assisted, checked against those records.