BEFORE THE STATE TAX
COMMISSION OF UTAH
_____________________________________
XXXXX
Petitioner, :
v. : ORDER OF APPROVAL
PROPERTY TAX
DIVISION OF : Appeal No. 87-0562
THE UTAH STATE TAX COMMISSION :
Respondent. :
_____________________________________
STATEMENT OF CASE
The
above-captioned matter involves an appeal to the Utah State Tax Commission from
the assessment by the Property Tax Division of the Utah State Tax Commission on
the subject property. XXXXX
(Petitioner) asserted that the subject property should have a lower taxable
value as of the lien date, XXXXX.
Petitioner and Respondent agreed to the following facts: XXXXX should be
reduced from $$$$$ to $$$$$ based on a reduction by the Tax Commission in a
hearing for the tax year XXXXX. Also,
improvements should be reduced from $$$$$ to $$$$$ to account for accumulated
depreciation of the improvements on a fifteen year life using the straight line
method. Finally, personal property
should be reduced from $$$$$ to $$$$$ to account for deleted items. The total original valuation was $$$$$. The recommended revised valuation is
$$$$$. $$$$$ County had standing to
object to the assessment of the subject property pursuant to Utah Code Ann.
59-2-1013 (1953) but elected not to show cause.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby find the taxable value
of the subject property as of XXXXX, to be $$$$$. The Property Tax Division of
the Utah State Tax Commission is hereby ordered to adjust its records in
accordance with this Order of Approval.
DATED
this 1 day of December, 1987.
BY ORDER OF THE STATE TAX COMMISSION OF UTAH.
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco G.
Blaine Davis
Commissioner Commissioner