BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX
Petitioner, :
v. : ORDER OF APPROVAL
:
PROPERTY TAX
DIVISION, : Appeal No. 86 2049
STATE TAX
COMMISSION OF UTAH : Serial No. XXXXX
Respondent. :
_____________________________________
STATEMENT OF CASE
The
Utah State Tax Commission issued a Factoring Order to XXXXX County 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 89 and a factor of
1.12. XXXXX County filed an appeal of
the XXXXX Factoring Order with the Utah State Tax Commission on XXXXX. Based upon the facts presented, the Property
Tax Division and XXXXX County stipulate the following:
1. XXXXX County will reappraise vacant land in
the XXXXX and XXXXX area.
2. XXXXX County will utilize selective
factoring and/or reappraisal of other vacant land and secondary residential
property.
Applying
the factoring order as described above will increase the taxable value of locally
assessed real property by approximately $$$$$ on XXXXX County's XXXXX
assessment roll. Where all or any part
of the increase in value is accomplished by reappraisal, XXXXX County agrees to
follow the State Tax Commission guidelines.
Based upon the parties agreement in (1) and (2) above, the parties
jointly recommend that Appeal 86-2049 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 86-2049 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
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