KEY DATES:
Prior to May 22: The County Assessor shall complete the assessment roll and deliver to the County Auditor with required signed statement (Utah Code 59-2-303 and 311).
Prior to May 25: The Utah State Tax Commission shall apportion to each tax area the value of centrally assessed property and provide apportioned values to the County
May 31 or Sooner: District makes current year closeout budget and tentative next year budget available to the public. The June budget hearing is advertised at least 1o days in advance. The Superintendent files the budget report with the Business Administrator, the Board, and the report is made available to the public at least 15 days prior to the budget hearing held in June.
On or Before June 1: The County Assessor shall prepare statement of the current-year taxable values for each entity and changes in real property values resulting from factoring, reappraisal and legislative/or court changes and deliver to the County Auditor and Utah State Tax Commission (Utah Code 59-2-924). The County Auditor shall send the current-year values and all related information the State Tax Commission.
On or Before June 8: The Utah State Tax Commission shall send a list of centrally assessed values to the County Auditor (59-2-802). The County Auditor and Assessor shall report taxable value to the Tax Commission (59-2-322). The State Tax Commission calculates the certified tax rates and sends the report to County Auditors. The County Auditor shall provide certified tax rates, forms, instructions and valuations information to each taxing entity (59-2-913 and 924).
On or Before June 22: Before June 22 of each year a local school board shall adopt a budget and make appropriations for the next fiscal year. Prior to adoption or amendment of a budget, notice of the meeting of the board for the adoption of the budget shall have been published in a daily newspaper published in the district, and of general circulation therein, if such is published in the district, but in any event in a newspaper of general circulation in the district, at least 10 days in advance of the holding of such meeting and also posted on the web.
On or Before June 22: The Utah State Tax Commission certifies the state imposed Basic Levy rate that will generate the revenue specified by the state legislature (53A-17a-135). Each taxing entity shall adopt tentative budgets and proposed tax rates and report them to the county auditor.
On or Before July 22: The County Auditor prepares and mails “Notice of Valuation and tax Changes” to all real property owners, including centrally assessed property owners (59-2-919). Notice is to include date, time and place of public budget hearing.
By August 17: Taxing entities proposing judgment levy and tax increases hold public hearings, adopt by resolution final budgets and tax rates and report the information to the County Auditor (59-2-920). Specific public notice “Truth-in-Taxation” advertisements of public hearings must be provided in two weeks preceding a public taxation hearing (59-2-919).
School Activity - Checking Accounts: Program Balanced Budget Requirements
BUDGET RELATED REFERENCES:
Title 53A Public Education:
Utah State Office of Education R277 Guidance: