Provo City School District Covid-19 Updates

Tax Impact

Our District Rates

Neighboring District Rates

Historical Tax Rates

  2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Provo 0.006751 0.006574 0.007153 0.007319 0.007094 0.006636 0.007568 0.007883 0.007327 0.007576
Alpine 0.007541 0.008220 0.008812 0.008828 0.008699 0.008096 0.008177 0.007718 0.007167 0.007033
Nebo 0.008701 0.009173 0.009370 0.009615 0.009526 0.009183 0.009326 0.009298 0.009298 0.009092

2018 Tax Rates by Levy

  Provo Nebo Alpine
Board Local Levy 0.001682 0.001714 0.001036
Capital Local Levy 0.001353 0.001193 0.00055
Voted Levy 0.001094 0.001213 0.001188
Debt Levy – based on Debt pmt 0.001692 0.003204 0.002524
Basic (set by legislature) 0.001666 0.001666 0.001666
Charter School Levy – based on enroll 0.000089 0.000102 0.000069
Total Certified Rate 0.007576 0.009092 0.007033

2018 Assessed Value

Provo Nebo Alpine
5,764,125,131 8,270,440,774 23,888,345,411

Estimated Tax Impact

Final tax impact from Zions

Residential Impact

Tax Year Tax from Debt Levy Change over Prior Yr
2019 251.26 (17.86)
2020 230.14 (21.12)
2021 241.58 11.44
2022 305.53 63.95
2023 342.38 36.85
2024 384.21 41.83
2025 469.72 85.51
2026 494.91 25.19
2027 468.35 (26.56)
2028 427.68 (40.67)
2029 419.20 (8.48)
2030 419.42 0.22

264.77 estimated cumulative total tax impact

Business Impact

Tax from Debt Levy Change over Prior Yr
456.84 (32.47)
418.44 (38.40)
439.23 20.79
439.23 20.79
555.51 116.28
622.51 67.00
698.57 76.06
854.04 155.47
899.83 45.79
851.54 (48.29)
777.60 (73.94)
762.18 (15.42)
762.57 0.39

481.39 estimated cumulative total tax impact

Estimated Future Tax Rates

How much has the district raised rates in recent years? And how much will rates increase with the bond?

Provo City School District Rates

  2015 2016 2017 2018 2019
Basic Rate + 0.001736 0.001675 0.001568 0.001666 0.001661
Board Local 0.001293 0.001416 0.001416 0.001682^^ 0.001548
Voted Local 0.001151 0.001093 0.001024 0.001094^^ 0.001016
Capital 0.001249 0.00152 0.001424 0.001353 0.001257
Debt Service 0.002139* 0.001995** 0.001812 0.001692 0.00155
Total PCSD 0.007568 0.007883 0.007244 0.007487 0.007032
% increase (decrease) PCSD Rate over prior year 4% -9% 3% -6%

Estimated Provo City School District Rates

  Estimated 2020 Estimated 2021 Estimated 2022 Estimated 2023 Estimated 2024 Estimated 2025 Estimated 2026
Basic Rate + 0.001656 0.001651 0.0016461 0.001641 0.001636 0.001631 0.001626
Board Local 0.001425 0.001311 0.0012067 0.001022 0.001022 0.000941 0.000866
Voted Local 0.000944 0.000876 0.0008138 0.000756 0.000702 0.000652 0.000605
Capital 0.001168 0.001085 0.001008 0.000936 0.00087 0.000808 0.000751
Debt Service 0.001627 0.002057 0.002306 0.002587 0.003163 0.003333 0.003154
Total PCSD 0.006820 0.006980 0.006981 0.007031 0.007393 0.007365 0.007002
% increase (decrease) PCSD Rate over prior year -3% 2% 0% 1% 5% 0% -5%
  • * 2015 – year that the SD 2014 bond election began to increase debt levy
  • **2016 – debt levy began to decrease
  • ^ 2016 – first Truth in Taxation from board in 7 years
  • ^^2018 – Truth in Taxation for teacher salaries
  • + Basic Rate is set by State Legislature
  • Over all PCSD tax rate since 2015 bond issue has dropped from .007568 to .007032
  • New bonds planned for issuance affects Tax years 2021,2022,2023,2024
  • Estimated future tax rates assume consistent increases to total FMV city wide, no legislative changes to basic rate, and no other tax levy increases that may be needed

Why did my taxes increase, despite the minimal increases and decreases to the District rates shown above?

County assessments have increased significantly. While the district rates are adjusted for the average of those increases, your individual assessments may be above the average.

  2015 2016 2017 2018 2019
Assessed value example 133,980.00 145,750.00 149,545.00 192,280.00 196,350.00
% increase in Assessed value 8% 3% 22% 2%

Example taken directly from a parcel tax notice off Utah County Website. In this example, the taxpayer had an increase of over 30% to their property.