BEFORE THE UTAH STATE TAX
COMMISSION
_____________________________________
XXXXX, )
Petitioner, : ORDER OF APPROVAL
v. :
PROPERTY TAX
DIVISION OF THE : Appeal No. 91-1199
UTAH STATE TAX COMMISSION, : Tax
Type: Cent. Assessed
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 of the valuation is necessary. The original XXXXX Utah valuation computed
by the Property Tax Division for XXXXX is $$$$$, with a Utah allocated
percentage of 100%. This original assessment was an estimate, since pertinent
information was not provided by the taxpayer.
The taxpayer has now provided the proper information and the Property
Tax Division has prepared a revised appraisal that relies on a market indicator
in the amount of $$$$$. The Division
and the taxpayer agree that the Utah allocated percentage of mobile flight
equipment should be changed to %%%%%.
The Federally mandated relief percentage is 10%. The Property Tax Division and the taxpayer
agree that the revised XXXXX Utah value should be $$$$$. The taxpayer has also provided revised
flight routes so that a proper allocation of value to the counties can be made.
Each
county had standing to object to the assessment of the subject property
pursuant to Utah Code Ann. §59-2-1007, but elected not to do so.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby finds the market value
of the Utah portion of the subject property for the tax year XXXXX is $$$$$.
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 28 day of July, 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