From Deseret News archives:
Scrutiny of Salt Lake's public-safety bond urged
Chamber wants more data on costs, need for facilities
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City officials say the bond would increase property taxes for Salt Lake City residents by $114 per year on a $200,000 home. Commercial property owners, however, would face a 7 percent increase of their overall property tax burden and a 30 percent increase on the city portion of the property tax bill, according to the chamber.
"These are significant increases," the statement reads, "and from a business perspective, we want to ensure that the bond will not hamper Salt Lake City's economic competitiveness. The magnitude of increase also calls for an even higher standard of public accountability, information and due diligence."
In a Deseret Morning News poll in September, 52 percent of Salt Lake City registered voters said they would vote for the public- safety bond. The poll, conducted by Dan Jones & Associates, indicated that 39 percent said they would vote it down, with 10 percent undecided. The poll had a 4.4 percent margin of error.
E-mail: jpage@desnews.com
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Recent comments
Follow the money. What financial institution is underwriting the bond?
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