Holladay council raises property tax rate 15% to 0.001436 and adopts 2024-25 budget, 6-0
August 15, 2024, 6:00 p.m. · City Council Chambers, 4580 South 2300 East, Holladay
After a 25-minute Truth in Taxation hearing, the council voted 6-0 to set the 2024-25 property tax rate at 0.001436, reflecting a 15% increase in the city's portion, and 6-0 to adopt the final budget. The city estimated about $1.2 million in added revenue and about $97 a year on an average home valued at $944,000. The minutes record the mayor voting with the council members, so tallies include him.
From the approved minutes. Updated October 14, 2026.
Decisions at a glance
| Item | Result |
|---|---|
| Truth in Taxation public hearing | Discussed |
| Ordinance 2024-13: Set the 2024-25 property tax rate and levy | Approved · 6-0 |
| Ordinance 2024-14: Adopt the final 2024-25 budget | Approved · 6-0 |
Agenda, item by item
Item III · Public hearing
Truth in Taxation public hearing
Discussed
The mayor said it is the second property tax increase since incorporation about 25 years ago. Police are 34.67% of the budget and fire about 18%, together about 53%; the police line rises about $750,000. The city's line is about 12% of a total property tax bill, so a 15% increase is roughly 2% of the total bill. Council Member Fotheringham tied the police increase to the county's separation from the shared Unified Police Department model; Council Member Durham said police, fire and roads make up most of the budget. A resident on a fixed income asked about the figures and cost cuts, and another asked how funds would be spent.
Item IV · Taxes and fees
Ordinance 2024-13: Set the 2024-25 property tax rate and levy
Approved · 6-0
Sets the rate at 0.001436, which reflects the 15% increase.
Item V · Budget
Ordinance 2024-14: Adopt the final 2024-25 budget
Approved · 6-0
Adopts the final budget for July 1, 2024 to June 30, 2025.
What residents said
Property tax increaseRoad conditions near Morningside Elementary
A resident asked about road conditions above Morningside Elementary; Council Member Quinn said the city is patching until a water main is replaced. Others asked how the funds would be spent and urged cost cutting.