Library Property Tax Increase Summary

Issue: The Library’s property tax revenue is no longer sufficient to meet the essential and growing needs of our library.



• The City has not adjusted the Murray Library property tax revenue since 2006.
• Inflationary cost increases and changes in delivery of services (e.g. electronic media, computers, etc) have outpaced revenues.
• The City does not currently own the land where the Library is located. The Library Board and City agree it would be wise to relocate the Library into the area where the new City Hall will be located. The current tax revenue would not support construction of a new facility.
• If a new facility is not constructed, substantial improvements would need to be invested in the current facility.

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 Solution: The Library Board is recommending a $830,000 property tax increase.  

·         This increase will allow the City to address the impacts of inflation and continue to grow new media while maintaining and improving the current selection.

·         This increase will continue to save citizens property tax dollars. If the City did not have its own library system, citizens would be required to contribute to the Salt Lake County Library system, which tax rate is currently 76% higher than the Murray Library tax rate. After the increase, the proposed tax rate is 13.5% lower than the Salt Lake County Library tax rate

Impact on Property Owners

property owners library 

 How to Find your Taxable Home Value

The following is an example tax notice for a Murray residence. The example uses a market value of $100,000 for ease of calculation. Residential taxable value is discounted by 45% which means the market value of $100,000 would translate to a taxable value of $55,000. Commercial properties do not receive a discount.

The red highlighted lines are the property taxes for Murray City and Murray City Library. The rest of the taxes are paid to other agencies.

You may find your property’s property tax statement at https://slco.org/assessor/. Enter your property’s information under Parcel Search and choose the Property Tax Information link under Resource Links on the left side of the webpage.

tax1

 

Learn More and Comment: Residents are encouraged to learn about and/or comment on the increase in several upcoming public meetings or public hearings.

 

neighborhood meetings 1
 We invite you to attend several neighborhood meetings hosted by your elected officials where we will share the details about how this change keeps our Library a community gathering spot where children and families safely gather and learn together.

Please join us on any of these Thursday evening meetings:
 
June 21, 2018
6:30 pm
Viewmont Elementary School
745 West 5720 South
District 2
Councilmember, Dale Cox
July 19, 2018
7:00 pm
Murray City Library
166 East 5300 South
District 4
Councilmember, Diane Turner 
June 28, 2018
6:30 pm
Murray City Hall
5025 South State Street
District 1
Councilmember, Dave Nicponski
August 2, 2018
6:30 pm
McMillan Elementary School
315 East 5900 South
District 5
Councilmember, Brett Hales
July 12, 2018
6:30 pm
Murray City Hall
5025 South State Street
District 3
Councilmember, Jim Brass
 

We also invite you to participate in a public hearing on the increase to the property tax levy effective for tax year 2018 on the date below. We look forward to your comments, and encourage your participation. 

Public Hearing on Tax Levy Rate                                August 14, 2018
                                                                                        6:30 pm
                                                                                        Murray City Hall
                                                                                        Council Chambers
                                                                                        5025 South State Street
                                                                                        Murray, Utah 84107

Click the link below to learn more about Tax Relief Applications
 https://slco.org/treasurer/tax-relief-applications/

City Council Contact Information

Dave Nicponski – District 1

dave.nicponski@murray.utah.gov

 

Dale Cox – District 2

dale.cox@murray.utah.gov

 

Jim Brass – District 3

jim.brass@murray.utah.gov

 

Diane Turner – District 4

diane.turner@murray.utah.gov

 

Brett Hales – District 5

brett.hales@murray.utah.gov