NOTICE OF PROPOSED TAX INCREASE RICHMOND CITY
The RICHMOND CITY is proposing to increase its property tax revenue.
The RICHMOND CITY tax on a $471,000 residence would increase from $253.09 to $287.55, which is $34.46 per year.
The RICHMOND CITY tax on a $471,000 business would increase from $460.17 to $522.81, which is $62.64 per year.
If the proposed budget is approved, RICHMOND CITY would receive an additional $50,286 in property tax revenue per year as a result of the tax increase. If the proposed budget is approved, RICHMOND CITY would increase its property tax budgeted revenue by 13.52% above last year's property tax budgeted revenue excluding eligible new growth.
The RICHMOND CITY invites all concerned citizens to a public hearing for the purpose of hearing comments regarding the proposed tax increase and to explain the reasons for the proposed tax increase. You have the option to attend or participate in the public hearing in person or online.
PUBLIC HEARING
Date/Time: 8/21/2025, 6:30 PM
Location: Park Community Center, City Council Room, 90 S 100 W, Richmond
Virtual Meeting Link: https://us02web.zoom.us/j/83719449890
To obtain more information regarding the tax increase, citizens may contact the RICHMOND CITY at 435-258-2092 or visit www.richmondutah.gov
The Truth in Taxation Hearing Advertisement can be found at the following link: Public Hearing Notice
BUDGET
If you are interested in seeing the budget for the current fiscal year or in reading the financial audit, you may go to the website of the Utah State Auditor's Office and find the information there. You may also come to the City Office and ask to see the documents.
Richmond City's fiscal year runs from July 1st through June 30th.
The council discusses the upcoming budget each year in April. A public hearing is held in May or June for input. In June, the budget is adopted at a city council meeting.
TRANSPARENCY
The State of Utah has a website dedicated to the transparency and accountability of government finances. Richmond posts its budgetary transactions there.
FRAUD HOTLINE
To report fraud or possible fraud contact City Recorder Justin Lewis by phone at (435) 258-2092 or send an email to jlewis [at] richmondutah.gov (jlewis[at]richmondutah[dot]gov)