Riverton City Comprehensive Annual Financial Report (ACRF) - Fiscal Year 2020-2021

Page 110

RIVERTON CITY, UTAH

COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED JUNE 30, 2021 Financial Section – Revenue Capacity (continued)

DIRECT AND OVERLAPPING SALES TAX RATES – LAST TEN FISCAL YEARS – RIVERTON CITY CORPORATION, UTAH Fiscal Year ended June 30,

Riverton City Direct Rate

State of Utah

Salt Lake County

County Option Transportation

Mass Transit

Botanical, Cultural, Zoo (County)

Total Sales Tax Rate

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00%

4.70% 4.70% 4.70% 4.70% 4.70% 4.70% 4.70% 4.85% 4.85% 4.85%

0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25%

0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.50% 0.50% 0.50%

0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55%

0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%

6.85% 6.85% 6.85% 6.85% 6.85% 6.85% 6.85% 7.25% 7.25% 7.25%

Source: Utah State Tax Commission – July 1, 2021 date taken from http://tax.utah.gov/salestax/rate/18q3combined.pdf on October 20, 2021


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.