87-0932 - Centrally Assessed

 

BEFORE THE UTAH STATE TAX COMMISSION OF UTAH

_____________________________________________

XXXXX

Petitioner, :

v. : ORDER OF APPROVAL

PROPERTY TAX DIVISION OF THE : Appeal No. 87-0932

STATE TAX COMMISSION OF UTAH, )

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: an estimated assessment was determined or Petitioner based on Utah mileage reported by the railroad companies. This mileage is used to allocate value to Utah. Petitioner did not own any railcars on XXXXX. Therefore the assessment is reduced form $$$$$ to $$$$$.

XXXXX Counties 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 upon the foregoing, the Utah State Tax Commission hereby finds 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

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