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FIPS: 49035•Rank #64 National•Rank #2 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 +0.1% (+10 bps) indicates an estimated +$1,122/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
+10 bps
Effective Rate: 0.6% → 0.7%
Projected Annual Escrow Shock
+$1,122/yr
Estimated on median assessed home
Interactive Property Tax & Escrow Shock Simulator
Model forward-looking ad valorem tax obligations and monthly escrow adjustments for a specific parcel in Salt Lake County, UT.
$560,000
$0
Current Annual Tax
$3,248
@ 0.58% eff. rate
Year 3 Projected Tax
$4,370
@ 0.68% eff. rate
Net Escrow Increase
+$1,122/yr
+$94/mo mortgage escrow
Projected Shock Attribution Breakdown+10 bps rate shift
1. Muni Bond Debt Service
+5 bps
I&S bond amortization
2. Operating Deficit Drift
+4 bps
M&O budget expansion
3. CAD Valuation Catch-up
+$507/yr
+$87,360 assessed base
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 | 0.440% |
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