Park City homeowners' July 2026 property tax notices show a new line they haven't seen before: the Park City School District's voter-approved bond, broken out on its own instead of buried in the district's overall tax rate.

The change isn't a new charge. A Utah law passed in 2025 now requires every government bond to be listed separately on property tax notices, Summit County spokesperson Bridget Noble told KPCW. Previously, bond debt was lumped into each entity's single tax rate line.

Four local entities carry voter-approved bonds that now show up as distinct items: Park City Municipal, the Park City School District, the Snyderville Basin Special Recreation District, and Summit County itself.

What the PCSD bond is paying for

District voters approved a $79.2 million general obligation bond in November 2021 by a nearly 2-to-1 margin. The money funded the expansion of Park City High School to include ninth grade, preschool additions at Jeremy Ranch and McPolin elementary schools, and renovation work at Ecker Hill Middle School.

As of June 30, the district still owes $66,410,000 in principal and $24,734,400 in interest on those bonds, according to the PCSD FY2026 budget. The majority of the original bond proceeds have already been spent on construction.

When the bond passed in 2021, the Park City Chamber estimated the cost at about $8.33 per month for a primary home valued at $945,000. Property values across Summit County have risen substantially since then, but the district's proposed FY2027 budget does not include a property tax increase, the second consecutive year without one, according to Business Administrator J. Randall Upton.

Summit County carries the lowest overall property tax rate of all 29 Utah counties, according to county finance records.

Why the notice looks longer

With about four dozen governmental entities levying property taxes in Summit County, the annual July notice already resembles an itemized receipt. The new bond-separation requirement adds more lines. Basin Recreation District Director Robert Parrish said on KPCW's "Local News Hour" on July 20 that his district is exploring refinancing its existing bonds ahead of a November 2026 ballot measure, noting the difference for residents could be "about $50 a year."

As we reported July 22, Basin Rec is proposing up to $150 million in new bonds for two fieldhouses.

What homeowners should do

The July notices are not bills.

Actual tax bills arrive later in 2026. Full-time residents qualify for a 45% discount on property taxes but must apply with the Summit County Assessor's Office to confirm eligibility. Homeowners should check whether their notice lists them as a primary resident or a second homeowner.

Landowners who believe their property is overvalued can appeal. County officials prefer appeals be filed by Tuesday, September 15, the state's default deadline, though Summit County's own outer deadline extends to Monday, November 30.