Salt Lake City Council votes for property tax increase

Posted at 7:33 AM, Aug 16, 2013
and last updated 2013-08-16 09:33:07-04

SALT LAKE CITY -- The Salt Lake City Council voted to raise property taxes Thursday.

The vote was five in favor and one opposed. One council member was absent from the meeting.

The council had enough votes to override Mayor Ralph Becker's veto in June, and now the decision is final.

The increase is designed to raise $8 million for repairs around the city, like fixing streets, parks and city facilities.

It will cost the owner of a $250,000 home an extra $67 dollars a year, and a $1 million business owner an extra $500 a year.