BEFORE THE UTAH STATE TAX COMMISSION
Petitioner, : ORDER OF APPROVAL
PROPERTY TAX DIVISION OF THE : Appeal No. 91-1153
UTAH STATE TAX COMMISSION, :
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 XXXXX Utah valuation computed by the Property Tax Division for XXXXX (common carrier bus company) is $$$$$, which included an allocated value of $$$$$ for the XXXXX, an allocated value of $$$$$ for the Utah XXXXX, a value of $$$$$ for the XXXXX, and a federally mandated relief percentage of 10%. The Property Tax Division has conducted an audit and prepared a new appraisal. The Division and the taxpayer agree that the average number of trailers and dollies involved in the Utah District operations is XXXXX trailers and XXXXX dollies. The parties also agree that the average value of the trailers is $$$$$ and the average value of the dollies is $$$$$, and the allocation of these trailers to Utah based on mileage is 34%. This reduces the Utah allocated value of the XXXXX after the federally mandated relief to $$$$$. The Utah value of the other two fleets remains the same. The revised total Utah taxable value after the federally mandated relief is $$$$$. Therefore, the value is adjusted from $$$$$ to $$$$$ for the XXXXX tax year.
Each affected county had standing to object to the assessment of the subject property pursuant to Utah Code Ann. §59-2-1007, but elected not to do so.
Based on the foregoing, the Utah State Tax Commission hereby finds the market value of the subject property for the tax year XXXXX is $$$$$.
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 27 day of February, 1992.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
R. H. Hansen Roger O. Tew
Joe B. Pacheco S. Blaine Willes