Holladay council adopts fiscal 2025-26 budget and tax rate unanimously; no property tax rate increase, says Fotheringham
June 12, 2025, 6:00 p.m. · City Council Chambers, 4580 South 2300 East, Holladay
With Council Member Ty Brewer excused, the council voted 5-0 on June 12 to adopt the fiscal 2025-26 final budget, the 2025 tax rate, a compensation schedule, a uniform fine schedule, the county hazard mitigation plan and a public works agreement. In a work meeting, the consultant said the general plan update is about halfway done and staff gave an overview of the Cottonwood Mall urban renewal area. The minutes record the mayor voting with the council.
From the approved minutes. Updated October 14, 2026.
Decisions at a glance
| Item | Result |
|---|---|
| Ordinance 2025-08: amend fiscal 2024-25 budget | Approved · 5-0 |
| Ordinance 2025-09: 2025 tax rate and levy | Approved · 5-0 |
| Ordinance 2025-10: compensation schedule | Approved · 5-0 |
| Ordinance 2025-11: fiscal 2025-26 final budget | Approved · 5-0 |
| Ordinance 2025-12: uniform fine schedule (Titles 10 and 11) | Approved · 5-0 |
| Resolution 2025-11: 2025 Salt Lake County Hazard Mitigation Plan | Approved · 5-0 |
| Resolution 2025-12: third amendment to public works interlocal agreement with Salt Lake County | Approved · 5-0 |
| General plan update (work meeting) | Discussed |
| Cottonwood Mall urban renewal area overview (work meeting) | Discussed |
| City manager report: federal request | Discussed |
Agenda, item by item
Item VI · Budget
Ordinance 2025-08: amend fiscal 2024-25 budget
Approved · 5-0
Final amendments to the current-year budget.
Item VII · Taxes and fees
Ordinance 2025-09: 2025 tax rate and levy
Approved · 5-0
Council Member Fotheringham said property taxes were not raised this year; the rate is set by the county and produces the same revenue for the city.
Item VIII · Budget
Ordinance 2025-10: compensation schedule
Approved · 5-0
Sets the officer compensation schedule.
Item IX · Budget
Ordinance 2025-11: fiscal 2025-26 final budget
Approved · 5-0
Fotheringham said deferred maintenance had built up, public safety and administration are funded first, and roads and stormwater receive the remainder, and that a significant increase was needed after about 20 years without property tax adjustments. Members Durham and Quinn and the mayor praised staff.
Item X · City code
Ordinance 2025-12: uniform fine schedule (Titles 10 and 11)
Approved · 5-0
Adopts the uniform fine schedule tied to the recodified criminal and traffic titles.
Item XI · Public safety
Resolution 2025-11: 2025 Salt Lake County Hazard Mitigation Plan
Approved · 5-0
Adopts the county plan, which is updated every five years.
Item XII · Contract
Resolution 2025-12: third amendment to public works interlocal agreement with Salt Lake County
Approved · 5-0
The city manager said the increase is slightly under 3%, driven mainly by snow removal costs.
- ContractAmount not given to Salt Lake County
Item XVI.a · General plan
General plan update (work meeting)
Discussed
Consultants Logan Simpson said the update is about halfway done; themes are housing, transportation, parks and open space, community character and responsible growth. Residents raised the scale of growth, traffic and "commercial creep." Priority areas are Holladay Crossroads and Holladay Hills. A questionnaire will be open for a month; a draft plan event is set for August and adoption expected in the fall.
Item XVI.b · Development
Cottonwood Mall urban renewal area overview (work meeting)
Discussed
The city manager said the 2008 taxing entity committee approved 75% of property tax increment and 75% of the city's point-of-sale sales tax for project costs, a $122.5 million increment cap, 100 affordable units at 80% of area median income and a $96.3 million maximum property tax contribution; a 2021 law change extends the area through 2038. As of the meeting, 250 homes were built, 50 under construction and 105 entitled; office space was about 25% of the 100,000 square foot requirement and retail about 20,000 of 60,000 square feet. The mayor said the RDA board can change requirements administratively.
- Budget$122.5 million
Item XIII · Roads and utilities
City manager report: federal request
Discussed
The city requested $2 million in federal funding for a building project, submitted by Sen. John Curtis and Rep. Mike Kennedy; more information expected in mid-July. Options for City Hall and Spring Lane will return in August after the school district lease is final.
- Grant$2.00 million
What residents said
GrowthCommercial creep4500 South crosswalk
None on the agenda or at the budget hearing, which closed at 6:13 p.m.