Holladay council reviews tentative 2024-25 budget details in work meeting
May 9, 2024, 5:30 p.m. · Mt. Olympus Room, 4580 South 2300 East, Holladay
With Council Member Matt Durham excused, the council reviewed the tentative 2024-25 budget, including a 15% property tax increase generating about $1.1 million, public services, stormwater and capital projects. Only adjournment was voted.
From the approved minutes. Updated October 14, 2026.
Decisions at a glance
| Item | Result |
|---|---|
| Discussion on the tentative budget | Discussed |
Agenda, item by item
Item II · Budget
Discussion on the tentative budget
Discussed
Property and sales tax make up about 80% of general fund revenue; police is about 35% of expenses and fire about 14%. The tentative budget includes a 15% property tax increase generating about $1.1 million and a 4% cost-of-living adjustment; Council Member Fotheringham suggested increases about every three years. The county public works contract rose about 5% (about $150,000). The stormwater fund collects about $1 million a year with no fee increase proposed. About $350,000 is budgeted for City Hall design, $30,000 for bus shelters and $35,000 for sealing two playground surfaces. Year-end fund balance is $7.6 million, of which $1.8 million is restricted; the council goal is to keep it at or above 20%.
- Budget$350,000
What residents said
Property tax increase