BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX,
Petitioner, :
v. : ORDER OF APPROVAL
:
PROPERTY TAX
DIVISION, : Appeal No. 86 2047
STATE TAX
COMMISSION OF UTAH : Serial No. XXXXX
Respondent. :
_____________________________________
STATEMENT OF CASE
The
Utah State Tax Commission issued a Factoring Order to XXXXX by the fourth
Tuesday of XXXXX pursuant to Utah Code Ann. §59-5-109.6 (1953). The Factoring Order based upon the XXXXX
Assessment/Sales Ratio Study, set forth an overall ratio of 81 and a factor of
1.23. XXXXX filed an appeal of the 1987
Factoring Order with the Utah State Tax Commission on XXXXX. Based upon the facts presented, the Property
Tax Division and XXXXX stipulate the following:
1. XXXXX will selectively factor and/or
reappraise its vacant and improved secondary residential property.
2. XXXXX will increase the taxable value of its
locally assessed real property by approximately $$$$$ for its XXXXX assessment
roll.
3. Where all or any part of the increase in
value is accomplished by reappraisal, XXXXX agrees to follow the State Tax
Commission guidelines.
4. Based upon the parties agreement in
paragraphs (1), (2), and (3) above, the parties jointly recommend that Appeal
86-2047 be dismissed by order of the Tax Commission incorporating the
adjustments set forth above.
ORDER
The
Tax Commission, after reviewing the stipulation, hereby accepts the stipulation
and orders the Property Tax Division to incorporate the adjustments as set
forth above. Appeal 86-2047 is hereby
dismissed.
DATED
this 9 day of January, 1987.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
ABSENT
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco G.
Blaine Davis
Commissioner Commissioner
^^