Lehi City is funded primarily through two categories of revenue: taxes and fees. Tax revenue is primarily used to pay for services provided to the public in general such as police, fire, streets, and parks. The City also provides services that benefit specific groups of citizens for which a specific fee is charged, which is intended to pay for all or part of the costs incurred to provide that service. The City adheres to the following revenue policies:

• The City should maintain a diversified and stable revenue system to shelter it from unforeseeable short-run fluctuations in any one revenue source.
• The City should estimate revenues conservatively on an annual basis to avoid unexpected deficits and to provide a funding source for capital project needs.
• The City should minimize the use of one-time revenue to fund ongoing services.
• The City should annually review the full costs of activities supported by user fees, impact fees, license and permit fees, and special assessments to 1) identify the impact of inflation, 2) determine that the full long-term service costs are not being subsidized by general revenues or passed on to future generations of taxpayers, 3) determine the subsidy of some fees, and 4) to consider new fees, subject to the review of City Council.
• The City should seek to maintain a stable tax rate.