City Council approves $110 million budget with no tax increase

In a recent government meeting, Draper City officials finalized the fiscal year 2022 budget and adopted the fiscal year 2023 budget, emphasizing a commitment to maintaining essential services without increasing property taxes.

The council approved a one-time incentive for city employees, initially proposed in February but deferred until the end of the fiscal year. This funding will be sourced from the general fund balance. Additionally, the council allocated an extra $1 million for the long-awaited 1300 East widening project, which faced higher-than-expected bids. This funding will come from transportation impact fees.

The meeting also addressed several recurring capital projects, with a request for $1.17 million from the general fund to support six ongoing initiatives. Furthermore, adjustments to current capital projects were proposed, totaling $4.1 million, alongside new projects including a $400,000 city code update and $2 million for traffic mitigation road improvements, both funded from the general fund.

The council highlighted the importance of open space preservation and public safety, noting that the budget reflects these priorities. Notably, Draper City has not raised property taxes in 15 years, with the current tax rate decreasing due to new growth, which has bolstered the city’s revenue base.

The final budget for fiscal year 2023, which totals over $110 million, includes employee pay raises and maintains utility rates at their current levels. The council unanimously approved the budget, reinforcing their commitment to fiscal responsibility while addressing community needs.