PUBLIC NOTICE OF PROPERTY TAX INCREASE - OAKLEY CITY
Notice Tags
TAX INCREASE, TRUTH IN TAXATION
Notice Type(s)
Notice,
Hearing
Event Start Date & Time
August 13, 2025 07:00 PM
Event End Date & Time
August 13, 2025 08:30 PM
Event Deadline Date & Time
08/13/25 04:00 PM
Description/Agenda
OAKLEY CITY is proposing to increase its property tax revenue.
The OAKLEY CITY tax on a $965,000 residence would increase from $503.68 to $530.75, which is $27.07 per year.
The OAKLEY CITY tax on a $965,000 business would increase from $915.79 to $965.00, which is $49.21 per year.
If the proposed budget is approved, OAKLEY CITY would receive an additional $23,733 in property tax revenue per year as a result of the tax increase. If the proposed budget is approved, OAKLEY CITY would increase its property tax budgeted revenue by 5.18% above last year's property tax budgeted revenue excluding eligible new growth.
OAKLEY CITY invites all concerned citizens to a public hearing for the purpose of hearing comments regarding the proposed tax increase and to explain the reasons for the proposed tax increase. You have the option to attend or participate in the public hearing in person or online.
Notice of Special Accommodations (ADA)
In compliance with the American with Disabilities Act, Individuals needing special accommodations for this meeting should notify Amy Rydalch at 435-783-5734 or 960 W. Center St. Oakley, Utah 84055, at least 24 hours before this meeting.