Estimated read time: 5-6 minutes KEY TAKEAWAYS
Utah property taxes rise due to inflated home prices post-COVID and legislative actions.
A 2018 Utah Legislature decision froze basic levy tax rates to fund education.
Tax deferral programs aid seniors; experts suggest cutting government spending to lower taxes.
SALT LAKE CITY — A Utah legislative audit report found that a "perfect storm" has led to an increase in property taxes for homeowners as Utah continues to have a higher overall tax rate than most Republican-led states.
Inflated home prices after the COVID-19 pandemic were identified as one of the primary drivers of increased property taxes, auditors told the state Revenue and Taxation Committee on Wednesday.
Over the past decade, the taxable value of Utah homes tripled from appr