Multiple governmental agencies in Utah County are proposing to raise property taxes, and will hold a Truth in Taxation public hearings this month to discuss the proposals.

The largest potential tax increase comes from Eagle Mountain, where city officials are proposing a 220.88% increase that will add $6,742,938 in revenue.

That means an annual increase from $142.25 to $456.28 for a residence with an average market value of $488,000, and from $258.64 to $829.60 for a commercial property worth $488,000.

Eagle Mountain said that if approved, the new rate will fund essential public safety operations. “These funds help support core functions of the Utah County Sheriff’s Office – Eagle Mountain Division, including the addition of deputies to meet the growth of the city,” the city said. 

Curtis Booker, Daily Herald file photo

Eagle Mountain will hold its Truth in Taxation meeting at 7 p.m. Thursday at 1650 Stagecoach Run.

Eagle Mountain’s neighboring city, Saratoga Springs, is also proposing a tax increase of 50.03% that it says will raise $3,100,000 in city revenue. For a residence with an average market value of $542,000, the rate would increase from $168.74 annually to $437.31 annually, and for a commercial property worth $542,000, from $530.08 to $795.11 annually.

The increase would go toward adding additional fire and police services, Saratoga Springs City said. The city’s Truth in Taxation meeting will be Tuesday, Aug. 11, at 6 p.m. in the City Council chambers. 

The Provo City School District will hold the first Truth in Taxation public hearing at 7 p.m. Wednesday at district headquarters. The district is proposing a 7% increase to add $1,306,942 to revenue.

A residence valued at $526,000 would see a roughly $33 annual increase, from $1,216.51 to $1,249.49. A commercial building of equal value would have its taxes increased from $2,211.83 to $2,271.79.

On Aug. 11, American Fork, Cedar Hills, Highland and Pleasant Grove are each holding Truth in Taxation meetings. American Fork is proposing a roughly $33 annual increase for a home worth $502,000, from $394.27 to $427.69, an 8.48% increase. A commercial property’s rates would increase from $716.86 to $777.60.

Cedar Hills is proposing a 19.55% increase, from $276.07 to $330.09 for a residence worth $682,000, and from $755.88 to 945.26 for a commercial property worth the same.

Highland City’s proposed 6.89% increase would increase taxes by roughly $28 for a residence worth 1,036,000, from $413.11 to $441.60, a 6% increase. Commercial properties of the same value would go from $751.10 to $802.90.

An 8.72% increase is proposed in Pleasant Grove, which would increase annual property taxes for a house valued at $602,000 from $310.57 to $337.72, a $27 increase. Commercial entities valued at $602,000 would increase taxes from $564.68 to $614.04.

Springville City will hold its hearing Aug. 18, proposing a 2.97% increase, from $186.40 to $191.90 for a residence valued at $476.000, and from $338.91 to $348.91 for a commercial property valued the same.

At an Aug. 25 meeting, the Central Utah Water Conservancy District will propose a 0.71% tax raise, resulting in roughly a $2 increase for a residence valued at $576,000, and a $4 increase for a commercial entity valued the same.

Orem City is proposing a 6.95% property tax increase to raise $450,000 in revenue. A residence valued at $520,000 would see a rate increase from $168.74 to $180.47, and a commercial property valued at$520,000 would see an increase from $306.80 to $328.12. Orem will hold its public hearing Aug. 27.