District Plans to Raise Property Taxes to Fund Utah Lake System

District Plans to Raise Property Taxes to Fund Utah Lake System

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PROVO, Utah (AP) -- The Central Utah Water Conservancy District plans to raise property taxes 16 percent in the near future.

The money would go to help fund the Utah Lake System project that would eventually funnel 30-thousand acre feet of water annually to the Salt Lake Valley and several cities in Utah County.

The 150 (M)million dollars that taxpayers would pay over a ten to twelve year period represents 35 percent of the total money needed for the project. The rest would come from federal funds.

The tax increase would be the first imposed by the water district in the past eight years, and only the second increase in the last 20 years.

Water district officials say it will raise an additional four-point-five (M)million dollars annually for the water district, and amount to 53 cents per month for the average Utah County home.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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