- Associated Press - Thursday, August 6, 2015

SALT LAKE CITY (AP) - Two Salt Lake County school boards have approved a property tax increase to offset funds paid to independent charter schools.

The Salt Lake Tribune reports (https://bit.ly/1hkxje0 ) that residents of the Salt Lake City School District will see an annual increase of $4.67 per $100,000 of assessed property value, which is about $9 for the average home. Granite School District residents will see a $860,000 tax increase, or about $5 each year for the average home.

Murray School District is considering a similar tax hike.

The increases come after lawmakers changed the way charter schools are funded. School districts are required to share property tax revenue with the charters, which do not have taxing authority.

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Information from: The Salt Lake Tribune, https://www.sltrib.com


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