BEFORE THE UTAH STATE TAX
COMMISSION
____________________________________
XXXXX,
Petitioner, : ORDER
v. :
PROPERTY TAX
DIVISION OF THE : Appeal No. 90-2715
UTAH STATE TAX COMMISSION, :
Respondent. :
_____________________________________
STATEMENT OF CASE
The
above-captioned matter involves an appeal to the Utah State Tax Commission from
the Factoring Order issued to XXXXX on XXXXX.
On
XXXXX, representatives of the Petitioner and the Respondent met to review questions
regarding the data and issues of statistical methodology and application of the
factor order. Based upon the facts
presented, the parties entered into an agreement and signed a stipulation on
XXXXX. A copy of the stipulation is
attached.
ORDER
Based
upon the stipulation of the parties, the Tax Commission hereby approves and
adopts the terms of the stipulation as entered into by the parties on XXXXX and
enters its Order pursuant to the terms contained therein.
DATED
this 19 day of February, 1991.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
R. H. Hansen Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco G.
Blaine Davis
Commissioner Commissioner
BEFORE THE UTAH STATE TAX
COMMISSION
____________________________________
XXXXX ) STIPULATION
Petitioner, :
v. : Appeal No. 90-2715
PROPERTY TAX
DIVISION :
UTAH STATE TAX COMMISSION :
Respondent :
_____________________________________
Statement
of Facts
Pursuant
to the provisions of Utah Code Annotated59-2-704(2), 1953, the Utah State Tax
Commission issued a factoring order to XXXXX by the fourth Tuesday of
XXXXX. The order, based upon the XXXXX
Assessment/Sales Ratio Study, set forth a ratio of XXXXX and a factor of XXXXX
on the Primary Residential class of property.
On
XXXXX, XXXXX filed an appeal of the XXXXX factor order with the Utah State Tax
Commission.
On
December XXXXX, XXXXX met with the Property Tax Division to review questions of
error and/or omission in the data and issues regarding statistical methodology
and application of the factor order.
After
a analysis of the XXXXX sales ratio study XXXXX has determined that a
reappraisal program is the best approach to solve the equity and assessment
level problems as they presently exist.
It is XXXXX's plan to implement a three year reappraisal program. This program covers all classes of
property. The county has been broken
down into five general value areas. The
county has identified the XXXXX area as the area of greatest concern.
Based
upon the facts presented, the Property Tax Division and XXXXX stipulate:
1. XXXXX will submit to the Property Tax
Division a reappraisal plan covering all activities and a general time
schedule. This plan shall be submitted
to the Property Tax Division for their approval by XXXXX.
2. XXXXX will reappraise the XXXXX area for the
XXXXX tax roll.
3. XXXXX will reappraise the XXXXX and XXXXX
areas for the XXXXX tax roll.
4. XXXXX will reappraise the XXXXX, XXXXX, and
the XXXXX areas for the XXXXX tax roll.
5. It is agreed that all reappraisal work and
plans will follow the State Tax Commission Reappraisal Guidelines.
6. The parties agree that this stipulation may
be modified based on results of future assessment/sales ratio studies conducted
by the Property Tax Division, or that factor orders may be reinstituted if
significant improvement in assessment level performance is not attained.
7. Based upon the parties' agreement in
paragraphs (1) through (6) above, the parties jointly recommend that Appeal No.
90-2715 be dismissed by order of the Tax Commission incorporating the
adjustments set forth.
Dated the XXXXX day of
XXXXX.
Petitioner
Representative,
Property Tax Division
Utah
State Tax Commission