SMITHFIELD CITY is proposing to increase its property tax revenue.
The SMITHFIELD CITY tax on a $501,000 residence would increase from $346.64 to $372.54, which is $25.90 per year.
The SMITHFIELD CITY tax on a $501,000 business would increase from $630.26 to $677.35, which is $47.09 per year.
If the proposed budget is approved, SMITHFIELD CITY would increase its property tax budgeted revenue by 7.55% above last year's property tax budgeted revenue excluding eligible new growth.
All concerned citizens are invited to a public hearing on the tax increase.
PUBLIC HEARING:
Date/Time: 08/28/24 6:30 P.M.
Location: Smithfield City Office, 96 South Main, Smithfield
To obtain more information regarding the tax increase citizens may contact SMITHFIELD CITY at (435) 563-6226.
Notice of Special Accommodations (ADA)
In accordance with the Americans with Disabilities Act, individuals needing special accommodation for this meeting should contact the City Recorder at (435) 792-7997, at least (3) days before the date of this meeting.