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TAX ALERT!
From The Utah Taxpayers Association
1578 West 1700 South #201, Salt Lake City, Utah 84104 PH 972-8814 FX 973-2324

August 7, 2003

To: All Members in Iron County

Re: Proposed Tax Increase

Iron County is proposing a 38% increase over the certified property tax rate. This tax increase was approved last December, and state law requires counties that are increasing property taxes to conduct a Truth-in-Taxation hearing in December and in August. The impact of the proposed tax increase is as follows:

Annual Impact of Proposed Iron County Tax Increase
Property   $150,000 Valuation   $300,000 Valuation
Residence*   $51.23 increase   $102.47 increase
 Business   $93.15 increase   $186.30 increase
* Residences receive a 45% exemption under state law. Business properties receive no exemptions.

A Truth-in-Taxation hearing will be held on Monday, August 11th, 2003 at 6:00 pm at the Iron County Courthouse.


     *Please make copies of this Tax Alert and distribute them to
       residents of the Iron County.
The Utah Taxpayers Association is a non-profit, non-partisan association working for greater efficiency and economy in government.