Jordan Valley Water continues 75% CRA tax increment share

Jordan Valley Water Conservancy District continues its 75% tax‑increment participation in Herriman’s Innovation CRA under a 15‑year arrangement, with FY2026 budget adjustments reflecting higher property tax collections. The shared revenues help support CRA infrastructure and housing commitments.

Document date · July 8, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

15 years (beginning 2022)

Renewal

Interlocal-style contribution of 75% increment for 15 years beginning in 2022; annual amounts vary with property values and tax collections.

Document type

AgendaPacket

Source document

Community Development and Renewal Agency of Herriman Agenda Packet 2026-07-08

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Herriman?

Jordan Valley Water Conservancy District was awarded this financial services contract by City of Herriman, as recorded on July 8, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Community Development and Renewal Agency of Herriman Agenda Packet 2026-07-08 (AgendaPacket), dated July 8, 2026 from City of Herriman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Jordan Valley Water Conservancy District hold?

Jordan Valley Water Conservancy District may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Jordan Valley Water Conservancy District's profile

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