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Salt Lake City voters will decide fate of $87 million bond to fill ‘monumental financial pothole’

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As anticipated, Salt Lake City leaders have determined to position an $87 million bond at the fall poll to go away it up to voters to decide whether or not to pay rather extra in assets taxes so as to fund boulevard maintenance.

SALT LAKE CITY — As anticipated, Salt Lake City leaders have determined to position an $87 million bond at the fall poll to go away it up to voters to decide whether or not to pay rather extra in assets taxes so as to fund boulevard maintenance.

The Salt Lake City Council on Tuesday voted unanimously to position the query at the upcoming normal election poll.

If voters approve of the bond, it might exchange two bonds expiring subsequent 12 months and lift taxes via up to $five a 12 months for the typical Salt Lake City house owner, in accordance to town estimates.

I repeatedly listen the management and the City Council whinge in regards to the lack of inexpensive housing in our town and in our county and switch round after which building up taxes on an excessively common foundation

Spencer Nitz, Capitol Hill group resident

If it passes, it might even be the 1/3 tax hike this 12 months for Salt Lake City citizens — after Salt Lake City leaders carried out a $33 million gross sales tax hike as a work of their plan to fund wishes together with streets, police and inexpensive housing, and after Salt Lake County leaders, with the give a boost to of town leaders, enacted the once-failed $58 million gross sales tax hike to fund transportation tasks.

To Spencer Nitz, who informed the council he recently rents within the Capitol Hill group however has been available in the market to purchase, that collection of tax hikes has him hesitant to in truth acquire a house in Salt Lake City.

“You know, we’re just seeing tax increases across the board, and the more I look into it, the less and less I’m inclined to purchase a house in the city,” he stated.

“I constantly hear the administration and the City Council complain about the lack of affordable housing in our city and in our county and turn around and then increase taxes on a very regular basis,” Nitz persevered. “It’s pricing people right out of the city.”

“I’d love to continue living in Salt Lake City, but at the rate that these increases are approved, I don’t know in 15 or 20 years I’ll be able to afford the property taxes on a house,” he stated.

But prior to the council’s vote in a piece consultation previous Tuesday, team of workers participants briefed the City Council at the effects of public engagement and a third-party ballot that discovered large give a boost to for the bond.

In a ballot performed via Y2Analytics of 1,471 respondents, 72 % indicated early give a boost to for the bond, however that give a boost to larger to 79 % after additional info used to be supplied in regards to the state of town’s streets.

A 2017 citywide pavement learn about confirmed just about two-thirds of Salt Lake City’s streets are in deficient or worse situation. Paired with income from the $33 million gross sales tax hike, town officers advisable the usage of the $87 million bond to assist restore current roads, and likewise deliver town’s finances on a extra sustainable trajectory.

“This is an opportunity after of ton of work … to have a conversation with our community about a singular need, which is street reconstruction,” Salt Lake City Councilwoman Erin Mendenhall stated ahead of the vote. “I’m glad we get to do this through a vote of the public.”

Mendenhall famous the bond, if handed, could be “a piece” of the plan to put town on a more healthy trail.

“It’s such an enormous pothole of financial need … that we need multiple streams of funding to even begin to get towards filling it,” she stated.

The City Council used to be additionally supportive of the county gross sales tax hike, welcoming any extra cash for highway repairs, however Salt Lake City Mayor Jackie Biskupski — whilst she supported town’s personal gross sales tax hike — used to be at odds with the Council over the county gross sales tax hike, announcing it wasn’t “the right time” amid a 12 months of such a lot of gross sales tax will increase.

Still, the council and different towns within the county supported the tax hike, main county leaders to enact it this 12 months.


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Biskupski advisable town’s proposed $87 million bond along the $33 million gross sales tax hike in her State of the City deal with previous this 12 months.

In a ready remark issued Tuesday night time, Biskupski applauded City Council leaders for placing the bond at the poll.

“Voters now have the ability to decide whether to pay a little now or pay much more later to improve our deteriorating roads,” Biskupski stated. “I beg citizens to learn about the bond, make an educated choice after which vote at the long term of Salt Lake City streets.

More details about the bond will also be discovered at the town’s web site at FundingOurFutureSLC.com.

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