As a city we have continued to see revenue decrease. Sales tax which generates about 25% of the total funds that the city operates on is down again, although the rate of decrease is less than last year. Because of approximately $150 million in decreased valuation of the city the certified tax rate will compensate for that amount. Property tax generates about 32% of the revenue but because of the “Truth in Taxation” law the city receives no more property tax than in the previous year. The only amount that will increase is the new growth that occurs because of new homes and businesses being built.

The City trimmed as much as possible in the General Fund; this is basically the day to day operations of the city. For the second year there are no raises for employees. Contracts with Unified Fire Authority, Salt Lake County Public Works, Animal Control, and the City Engineer did not increase or are less. The United Police Department is down one person. All other departments remain the same. The largest decrease is in the Capital Funds budget. This is where the city funds one time projects such as sidewalks, trails, storm drain projects, etc. The city bonded for the revenue that comes in from the Energy Tax to fix roads in the city and this year the city will spend approximately $4 million on road repairs.