BEFORE THE STATE TAX COMMISSION OF UTAH
v. : ORDER OF APPROVAL
PROPERTY TAX DIVISION, : Appeal No. 86 2052
STATE TAX COMMISSION OF UTAH ) Serial No. XXXXX
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 82 and a factor of 1.22. 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:
A. Primary Residential property is to be factored, selectively factored and/or reappraised.
B. Vacant land and commercial property is to be
reappraised by XXXXX and all changes applied to the 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.
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.
Based upon the parties agreement in paragraphs (A) and (8) above, the parties jointly recommend that Appeal 86-2052 be dismissed by order of the Tax Commission incorporating the adjustments set forth above.
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 86-2052 is hereby dismissed.
DATED this 9 day of January, of 1987.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
R. H. Hansen Roger O. Tew
Joe B. Pacheco G. Blaine Davis