BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX COUNTY,
Petitioner, :
v. : ORDER OF APPROVAL
:
PROPERTY TAX
DIVISION, : Appeal No. 86 2050
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 84 and a factor of
1.19. 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. Primary Residential property is to be
increased by 24 percent by factoring, selective factoring and/or appraisal.
2. Applying the 24 percent factor to primary
residential property will increase the taxable value of locally assessed real
property by approximately $$$$$ on XXXXX County's 1987 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.
3. Based upon the parties' agreement in
paragraphs (1) and (2) above, the parties jointly recommend that Appeal 86-2050
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 86-2050 is hereby
dismissed.
DATED
this 9 day of January of 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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