window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'UA-116009446-1'); FAQs – Funding Our Future SLC

Frequently Asked Questions

Why did Salt Lake City pursue Funding Our Future?

What was the engagement process for Funding Our Future?

What is Salt Lake City’s role in affordable housing?

How does Funding Our Future address the housing gap?

Why does Salt Lake City need to reconstruct streets now?

How do Funding Our Future streets reconstruction projects relate to the Complete Streets Ordinance?

How will Salt Lake City be more proactive in maintaining street conditions?

What is the difference between streets maintenance and streets reconstruction?

What is the amount and term of the streets reconstruction bond?

Why didn't Salt Lake City use sales tax funds, existing funds, or save to reconstruct City streets?

Was the streets reconstruction bond necessary given that the new Salt Lake County sales tax revenue will address some roads and transit?

Why is the City executing an 80/20 (80% to major arterials/20% to local streets) split of funds used for street reconstruction?

What is the City’s bond rating and why is that important?

My sidewalk/curb/gutter is in disrepair, will the streets reconstruction bond help pay for repairs?

How will streets projects be selected?

What will the streets reconstruction bond fund?

When will the bond streets reconstruction projects begin?

How much will the streets reconstruction bond increase my property tax bill?

How does the Capital Improvement Program (CIP) relate to Funding Our Future?

Why did the Mayor and City Council hire 50 new police officers in the past few years?

Why didn't Salt Lake City just tighten its belt rather than increase property taxes?

Why do my property taxes change each year?

When will I see the increase on my property tax bill?

Who pays the Funding Our Future 2018 increased sales tax?

How does Salt Lake City’s sales tax compare to other nearby cities?

How can residents track how revenue from the Funding Our Future sales tax increase is being spent?

How does Funding Our Future fit in with the City’s budget process?

What is the City's 'rainy day fund' and how does it relate to Funding Our Future?

When can the City increase or decrease its portion of sales tax?

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