News

Jun 11, 2023

Iron County officials seeking property tax hike to help pay for new jail, meet rising operating costs

Estimated read time: Less than a minute CEDAR CITY — Citing the need for a new jail and sheriff's complex, plus rising operating costs due to inflation, Iron County officials say they intend to

Estimated read time: Less than a minute

CEDAR CITY — Citing the need for a new jail and sheriff's complex, plus rising operating costs due to inflation, Iron County officials say they intend to increase property tax revenue by nearly $6 million annually.

The proposed increase would roughly double the property tax budgeted revenue of Iron County's general fund, with a 99.49% increase.

For example, Iron County's general fund property tax on a $405,000 residence would increase from $186.44 to $371.93 annually, or $185.49. Meanwhile, the tax on a $405,000 business would go from $338.99 to $676.25, an increase of $337.26 per year.

"The purpose of this increase is to pay to construct a long-needed sheriff's complex and to fund continued operations for Iron County due to inflation," Iron County Commissioner Paul Cozzens said during the commission's regular meeting in Parowan on July 25.

Read the entire story at St. George News.