5:36
Grantsville City is considering an increase to its property tax rate from 0.001417 to 0.001488, which exceeds the estimated certified tax rate and it's estimated to generate an additional $110,832 in property tax revenue.
1:43:43
Um, so it just kind of goes through what our current property tax rate is, um, at the certified tax rate, um, what how much property tax revenue that would generate, which is 2.2 million.
2:50:22
But I'm also like, hey, we're going to increase 84% for the property tax for the homeowners while we have this 18 million. I mean, we got to strike a balance.
1:24:10
This exceeds the certified tax rate and is estimated to generate an additional $1,749,71 in property tax revenue. Um, as you go down, you can see it outlines what our current property tax rate is at the 1368, which currently generates…