TRUTH-IN-TAXATION PUBLIC HEARING, August 6, 2026
Approves FY2026-2027 Property Tax Increase Above Certified Rate, 5-0
What happened
Eagle Mountain City Council approved a property tax increase to a rate of .001500 for FY2026-2027 (reduced from the originally proposed .001700 / 220.88% increase), generating approximately $5,591,594 in new revenue, a 183.02% increase over the certified rate, on a unanimous 5-0…
- Jurisdiction
- Eagle Mountain, UT
- Governing body
- Final authority
- Date
- August 6, 2026
- Decisions
- 1 zoning decision
- Outcome
- Approved, 5-0
Free sample: decision 1 of 1
FY2026-2027 Property Tax Increase Above Certified Rate
Council adopted a property tax rate of .001500 for fiscal year 2026-2027, exceeding the certified rate of .000530, resulting in an increase in ad valorem property tax budgeted revenue of approximately $5,591,594 or 183.02% above the prior year exclusive of new growth. This is a reduction from the...
Meeting Summary
Eagle Mountain City Council approved a property tax increase to a rate of .001500 for FY2026-2027 (reduced from the originally proposed .001700 / 220.88% increase), generating approximately $5,591,594 in new revenue, a 183.02% increase over the certified rate, on a unanimous 5-0…
Key Decisions (1)
FY2026-2027 Property Tax Increase Above Certified Rate
Development Activity (2)
QTS Data Center Campus
Other
Facebook/Meta Data Center
Other
Market Signals (5)
Commercial Demand
Eagle Mountain is aggressively courting data center operators (QTS, Meta,…
Infrastructure
City faces a $419 million transportation master plan shortfall by…
Housing Demand
City is the 9th fastest-growing in the US adding ~1,800…
Who Spoke (20)
On the record: the mayor, 5 councilmembers, the clerk, and an attorney.
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