How?
HOW?
Utah’s property taxes are managed by legislation commonly called Truth in Taxation. Truth in Taxation (1985) changed property tax from a rate-based tax to a revenue-based tax, and also requires all taxing entities go through public hearings in order to increase revenues generated through property tax. Because Truth in Taxation holds each taxing entity’s revenue fixed, each property owner’s rates will fluctuate based on all property values throughout the County.
The County Assessor reassesses properties on a regular schedule in order to keep valuations uniform and in keeping with fair market standards as required by the Utah Constitution, and the County Clerk\Auditor calculates the property tax rate based on the budget requirements and the total taxable value in the tax area. This short clip demonstrates how this works:
Your property valuation and tax notices will include the rates from each taxing entity applied to that property, the property valuation, and the date and time of all upcoming Truth in Taxation hearings to increase revenues for providing new services or keeping up with inflation. You can find this information online here.