BEFORE THE UTAH STATE TAX
COMMISSION
_________________________________
XXXXX
Petitioner, : ORDER OF APPROVAL
v. :
:
PROPERTY TAX
DIVISION OF THE : Appeal No. 92-1556
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 an adjustment of the valuation is
necessary. The XXXXX well was changed
from a pumping well to a flowing well, and the XXXXX well was changed from a
pumping to a shut-in well. Therefore,
the value is adjusted from $$$$$ to $$$$$ for the XXXXX tax year.
XXXXX
County had standing to object to the assessment of the subject property
pursuant to Utah Code Ann. §59-2-1007,
but elected not to do so.
ORDER
Based
on the foregoing, the Utah State Tax Commission hereby finds the market value
of the subject property for the tax year XXXXX is $$$$$.
The
Property Tax Division is hereby ordered to adjust its records in accordance
with this order of approval. The XXXXX
County Auditor is also authorized to adjust its records in accordance with the
revised notice of assessment.
DATED
this 16th day of July, 1993.
BY ORDER OF THE UTAH STATE TAX COMMISSION.
W. Val
Oveson Roger
O. Tew
Chairman Commissioner
Joe B.
Pacheco Alice
Shearer
Commissioner Commissioner