LOGAN – The members of the Logan Municipal Council will hold a Truth-in-Taxation public hearing at 6 p.m. on Tuesday, Aug. 11.
The purpose of that hearing will be to hear public opinion on a proposed property tax increase and a final balanced budget for the 2026-2027 fiscal year of more than $222,000.
Officially, the Local city staff is proposing to raise property taxes by 22.95 percent above the current year certified tax rate, resulting in additional revenue of more than $1.3 million.
If enacted, the increase would raise the property tax on the average city residence with a market value of $530,000 from $257.19 to $316.28, which is $59.18 per year.
The increase would raise the property tax on a commercial property with an equal market value from $467.46 to $575.05, which is $107.59 per year.
But city officials say that the tentative tax increase approved by the members of the Logan City Council on June 16 will be offset by a corresponding decrease in county property taxes.
“On May 12, the Cache County Council voted to stop assessing the Cache County Fire District tax on Logan residents,” according to George Woodward of the Logan Public Relations department.
“That tax has been on the books since the 1960s,” Woodward explained. “But – because Logan is not part of the fire district – its residents did not directly benefit from the tax revenue collected.”
Thanks to that transfer of taxing authority, Logan will collect more than $1.1 million in additional revenue to fund a new fire station in the northwest area of the city.
“This means that Logan residents, on average, will not see an increase in the amount of the property taxes they pay, but will now enjoy the full benefit of those taxes,” according to Richard Anderson, the city’s finance director.
Woodward emphasizes that when city property owners receive their annual tax statements, they will see a decrease in the county tax assessment, with a slightly smaller increase in their Logan City tax assessment.
Due to that recent transfer of property tax authority for fire protection from Cache County to Logan City, Anderson’s finance staff estimates that the tax increase will have zero impact on both average residential and commercial property owners when viewed in terms of total property taxes paid, not just to the city of Logan.
The state-mandated Truth-in-Taxation public hearing will take place at 6 p.m. on Tuesday, Aug. 11 in the Council Chamber of Logan City Hall.