BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX
Petitioner, : ORDER OF APPROVAL
v. :
PROPERTY TAX
DIVISION OF THE : Appeal No. 87-0568
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 on the subject property. Petitioner asserted that the subject
property should have a lower market value as of the lien date XXXXX. Petitioner and Respondent have agreed that
adjustment to the valuation is necessary.
The original valuation of the subject property was an estimated value. The Respondent audited and then reappraised
the subject property. As a result, the
Respondent and Petitioner stipulated that the value of the subject property
should be reduced from $$$$$ to $$$$$ for the XXXXX tax year. Each affected county had standing to object
to the assessment of the subject property pursuant to Utah Code Ann.
59-2-1007. XXXXX County filed an
objection on XXXXX. They withdrew their
objection on XXXXX.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby finds the market value
of the subject property for the tax year XXXXX is $$$$$. The Property Tax Division is hereby ordered
to adjust its records in accordance with this order of approval. The affected County Auditors are also
authorized to adjust their records in accordance with the revised notice of
assessment.
DATED
this 15 day of January 1992.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco S.
Blaine Willes
Commissioner Commissioner