Utah Code § 63H-1-503
Use of municipal services revenue
Utah · Utah Code Title 63H — Independent State Entities · Status: effective
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- Citation
- Utah Code § 63H-1-503, Use of municipal services revenue, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2347775
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Full text
(1) The authority may use municipal services revenue to pay for:
(a) administrative, overhead, legal, and other operating expenses of the authority; and
(b) municipal services within the project area from which the revenue was collected.
(2) Unless otherwise provided by agreement between the authority and each county and municipality levying a property tax on property within a project area, the authority shall distribute any remaining municipal services revenue equally among all counties and municipalities that levy a property tax on property within a project area.