Back to Utah Overview
FIPS: 49035•Rank #64 National•Rank #1 in UT
Salt Lake County, UT
Forward-Looking Municipal Debt, Assessment Lag & Carrying Cost Audit
Elevated Tax Drift Risk
96% Conf.
Tax Drift Index
57.6/ 100
Elevated Drift Risk
Salt Lake County Executive Risk Briefing
MSRB EMMA Disclosures & US Census BureauAugust 2026
Salt Lake County carries a Elevated Tax Drift Score (57.6/100) based on $6,400 in overlapping municipal debt per capita and a +24% CAD assessment lag spread. Projected 3-year millage escalation of +4.07% (+407 bps) indicates an estimated +$77,014/yr escrow adjustment on median-priced properties.
Median Home: $560,000Median Income: $89,000Effective Tax: 0.6%
Municipal Debt Per Capita
$6,400
7.2% of Median Income
CAD Valuation Lag
+24.0%
Assessed Value trailing Market HPI
3-Yr Millage Escalation
+407 bps
Effective Rate: 0.6% → 4.7%
Projected Annual Escrow Shock
+$77,014/yr
Estimated on median assessed home
Overlapping Taxing Jurisdictions & Debt Obligations
Breakdown of autonomous debt issuers assessing ad valorem property taxes on parcels within Salt Lake County.
| Entity Name | Entity Type | Outstanding Bond Debt | Debt / Student or Cap | Adopted Millage |
|---|---|---|---|---|
| Granite School District | ISD | $740.0M | $12,200 | 44.000% |
5-Year Historical Drift Score & Effective Rate Trajectory
2022
51
0.6% eff.
2023
53
0.6% eff.
2024
55
0.6% eff.
2025
56
0.6% eff.
2026
57.6
0.6% eff.
Statutory Constraint & Legislative Policy
Utah Truth in Taxation law automatically lowers tax rates when valuations rise to ensure zero unvoted revenue windfall.
Data Provenance & Audit Citations