86-0285 - Centrally Assessed

BEFORE THE STATE TAX COMMISSION OF UTAH

_____________________________________

XXXXX, )

:

Petitioner, )

:

v. ) ORDER OF APPROVAL

:

PROPERTY TAX DIVISION OF THE )

UTAH STATE TAX COMMISSION, : Appeal No. 86 0285

)

Respondent. :

_____________________________________

STATEMENT OF CASE

The above-entitled matter involves an appeal to the Utah State Tax Commission from the assessment of the subject property by the Property Tax Division of the Utah State Tax Commission. XXXXX (Petitioner) asserted that the subject property should have a taxable value of $$$$$ as of the lien date, XXXXX.

Petitioner and Respondent agreed to the following facts: Two data entry errors were made in the determination of taxable value of the subject property for the tax year XXXXX, resulting in a taxable value of $$$$$. Both errors involved the allocation percentage of the system mobile flight values apportioned to Utah. The revised allocation percentage of the mobile flight equipment owned and leased was reduced From 2.454% Utah to 1.500% Utah, resulting in a revised assessment of $$$$$ taxable value.

The affected Utah counties did not object, pursuant to Utah Code Ann. § 59-7-12 (1953), to this proposed assessment of the subject property.

DECISION AND ORDER

The Tax Commission after reviewing the agreement, hereby accepts this agreement in lieu of a Formal Hearing and finds the taxable value of the subject property as of XXXXX to be $$$$$.

The assessment of the Property Tax Division of the Utah State Tax Commission is therefore set aside. The Property Tax Division is directed to adjust the assessment in accordance with this Order of Approval.

DATED this 7 day of August, 1986.

BY ORDER OF THE STATE TAX COMMISSION OF UTAH.

R. H. Hansen