FARMINGTON -- The average market value of a Davis County residence in 2013 is $216,000, up roughly 3 percent, or about $6,000 more, than the value in 2012, according to Davis County officials.
But despite the bump in average property values, officials announced that with the county's certified tax rate being slightly down, the average homeowner will not see a tax increase in 2013.
"The rates will be down a little bit, but (property) values are up," County Clerk/Auditor Steve Rawlings said. That means "the average taxpayer will pay the same amount," and Rawlings stressed the word "average."
The portion of the property tax payment the county will receive from the average homeowner this year will be $323, according to officials.
The new certified tax rate for the county will generate about $40 million in countywide operation revenues for 2013, but none of it will come as a result of a property tax increase, Rawlings said.
On Tuesday, a representative from the clerk/auditor's office shared the news with the county commission. The commission then unanimously adopted the county's certified tax rate.
County officials in their budget projections for calendar year 2014 are anticipating a similar budget, it too without a property tax increase.