Financial Facts from the Board: Certified Tax Rates & Truth in Taxation

Do you know how Utah’s property tax system works?
In Utah, property tax rates adjust each year so the taxing entity will receive the same total tax proceeds it received in the prior year, except for any new property developments. This means that as property values increase, the property tax rate decreases so the resulting tax revenue is the same as the prior year. Only new developments that were not on the tax rolls in the prior year yield new property tax dollars for a taxing entity. No adjustments are made for inflation. The county auditor and the State Tax Commission calculate this tax rate and it is called the Certified Tax Rate. Governing bodies, such as the Board of Education, may increase the tax rate from the Certified Tax Rate only if they go through a process called Truth in Taxation. Truth in Taxation requires the entity to hold a public hearing to provide an opportunity for residents to comment on the proposal before an increase may occur.

The Jordan School District Board of Education is holding a Truth in Taxation hearing on Aug. 2 at 6 p.m. at Riverton High School.

Jordan is one of a handful of districts in the State that has had just one Truth in Taxation since 2011.

Number of Truth in Taxation Hearings 2011-2021

Number of Truth in Taxation Hearings 2011-2021

Want to know more about how District Dollars are working for you?  Please visit our Financial Facts from the Board of Education page.

Financial Facts from the Board: Board Local Levy

Did you know the Jordan School District Board Local Levy is the third lowest in the state?
Of the 41 school districts in Utah, Jordan School District has the third lowest Board Local Levy. Only Wayne and Piute school districts are lower. The Board of Education is responsible for the Board Local Levy and is considering a rate increase.

Board Local Levy

Board Local Levy All Districts – Tax Year 2021

Board Local Levy

Board Local Levy – Tax Year 2021

Want to know more about how District Dollars are working for you?  Please visit our Financial Facts from the Board of Education page.

Financial Facts from the Board: Unrestricted Fund Balance (Strategic Reserves)

Do you know what the District’s unrestricted fund balance is?
The District’s unrestricted fund balance or strategic reserves, is all of our State, Federal and local funding that is not restricted, committed or assigned to a specific program, project or purpose.

As a result of consistently increasing teacher pay, along with other employee salaries like custodians and bus drivers, our strategic reserves have been declining. They have now dropped to a point where we need help from taxpayers to continue our investment in employees.

Want to know more about how District Dollars are working for you?  Please visit our Financial Facts from the Board of Education page.

Financial Facts from the Board: Your Investment in Students and Education, Teacher Pay

Did you know Jordan School District relies on you to invest in our students and their education?
Jordan School District has worked hard to provide teachers and school staff the pay increases they so deserve. The Board of Education has consistently increased teacher pay and right now the starting pay for teachers in Jordan is competitive with surrounding districts.

Teacher Pay

Teacher Pay Increases

Want to know more about how District Dollars are working for you?  Please visit our Financial Facts from the Board of Education page.

Financial Facts from the Board: Long-Term Debt Per Student

Did you know Jordan is well below the State average in long-term debt per student?
When you look at long-term debt per student, Jordan is well below the State average at $4,834 per student. The State average is $9,420 per student. Jordan is also well below some of our surrounding districts when it comes to long-term debt per student.

Long-Term Debt per Student

Neighboring District Long-Term Debt per Student

Want to know more about how District Dollars are working for you?  Please visit our Financial Facts from the Board of Education page.