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