As local districts ponder raising their property tax rates to bolster sagging budgets, Payson will discuss raising its rate Thursday.
The town’s proposed increase, however, likely won’t break the bank for most homeowners. The primary tax rate would increase three cents per $100 of assessed valuation to a total of 38 cents per $100. For a home valued at $100,000, the bill would be $38.28, up three dollars from last year.
The town figures the tax rate based on the county assessor’s estimate of the appraised value of all the property in town.
Hope Cribb, town finance manager, said the town could have raised the rate more, but chose not to. In addition, for the second year the town won’t have a secondary tax rate, used to pay off bonds.
The small tax rate increase will boost the amount of money the town gets from the primary levy from $623,800 to about $633,700.
Also at Thursday's special meeting, the council will hold a public hearing on next year’s budget, which includes cutting the fire marshal position.
The meeting starts at 5 p.m. in the Town Hall council chambers, 303 N. Beeline Highway.
Following that budget meeting, the council will launch into its regularly scheduled meeting and discuss a number of new items. That includes plans to work on the runway at the Payson Airport, which the town owns. The town would cover 10 percent of the $500,000 cost to crack seal the runway, with the state covering the rest.
Another paving project is reconstructing East Bonita Street from Highway 87 to Bentley Street. Crews would improve the narrow, rutted road with curbs, gutter sidewalks, storm water pipes and new pavement. The town has roughly $540,000 in state funds for the project and must contribute a 5.7 percent match, or $32,600.
The council will also take a second look at amending the sprinkler requirements for homes.
Currently, sprinklers are required in all new homes that are either 600 feet from a fire hydrant or larger than 4,800 square feet. Fire Chief Marty deMasi said those homes need sprinklers to give firefighters a chance of saving them.
Under the change, large homes that have a water supply capable of supplying 1,500 gallons per minute for at least two hours would not need sprinklers. In addition, the requirement that new homes more than 600 feet from a hydrant have sprinklers would not apply to parcels created before June 1 and smaller than 4,800 square feet.
Mayor Kenny Evans said the change is mainly to aid growth in the undeveloped subdivision at the end of East Phoenix Street. At the last council meeting, deMasi said the fire department was against the changes.