The Uintah County Commission followed up during Monday’s Commission meeting on an action item from last week’s Commission meeting. On June 6th, the Commissioners unanimously approved a budget amendment to use restricted and non-restricted cash to pay off General Obligation Bonds thereby reducing the Uintah County portion of the 2022 property taxes from $11.4 million to $7.2 million dollars. During the June 13th Commission meeting, information was handed out charting the debt reduction over the last 8 years. One chart showed that Uintah County Property Taxes have consistently declined since 2014 when over $16.6 million dollars were collected. The chart notes that the decrease from 2021 to 2022 is a result of the permanent elimination of the $2.4 million dollar GO Bond payment and robust Sales Tax collections. Two additional charts provide breakdowns of the Uintah County cash balances by year since 2015 and a final chart shows the reduction of Uintah County bonded debt each year since 2015.
