93-1027

Centrally Assessed

Signed 6/10/94

 

 

BEFORE THE UTAH STATE TAX COMMISSION

_____________________________________

 

XXXXX, )

XXXXX )

XXXXX )

XXXXX ) ORDER

XXXXX )

XXXXX )

XXXXX )

)

Petitioners, )

)

)

vs. )

) Appeal Nos.

)

PROPERTY TAX DIVISION, ) 93‑1027 through 93‑1031

UTAH STATE TAX COMMISSION ) 92‑1367 through 92‑1372

) 91‑1090 through 91‑1095

)

Respondent. )

_____________________________________

 

On XXXXX, Petitioners, Respondent, Property Tax Division of the Utah State Tax Commission (the "Division"), and the following counties in which the taxable property of petitioners is located (the "Counties"),

Petitioner Counties

XXXXX Daggett & Summit

XXXXX Iron & Washington

XXXXX Millard

XXXXX Sevier

XXXXX Daggett, Duchesne, Uintah & Wasatch

XXXXX Juab, Millard & Tooele

 

by and through their respective counsel of record, jointly filed a Stipulation Of Settlement and Motion to Approve Settlement for the above captioned appeals.

Based upon the Stipulation of all affected parties and for good cause appearing, the Commission hereby finds and orders the following in accordance with the Stipulation Of Settlement:

1. As a result of certain calculation and reporting errors, adjustments must be made to the assessed values of Petitioners' Utah property for tax years XXXXX, XXXXX and XXXXX. After making these adjustments, the Commission finds that the correct fair market values of Petitioners' taxable Utah properties are as follows:

1991 Original 1991 Corrected

 

Petitioner Value Value

 

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

 

1992 Original 1992 Corrected

 

Petitioner Value Value

 

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

 

1993 Original 1993 Corrected

 

Petitioner Value Value

 

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

XXXXX $$$$$ $$$$$

 

2. The values set forth in the preceding paragraph result in a reduction in the values that were originally assessed against the Petitioners' Utah property. Inasmuch as the state assessed values set forth in the preceding paragraph are apportioned among some of the Counties, the County Auditors are hereby directed to reduce their respective assessment rolls to account for the portion of the reduction in Petitioners' property values that is allocable to their respective county.

3. The Counties are further directed to refund the excess property tax that was collected on the value differences between the values currently appearing on their respective assessment rolls and the portion of the corrected state assessed values set forth in Paragraph 1 that is allocable to their respective county.

4. Pursuant to Utah Code Ann. ' 59‑2‑1330 (1990), the Counties are further directed to pay interest on the refund amounts "at a rate equal to the rate earned by the county" from the time the taxes were paid until the date the refunds are paid.

5. This Order is a final order and resolution of all issues presented by the pleadings in the Appeals insofar as they relate to Petitioners' property located in the Counties. The Commission recognizes that this resolution of the issues presented is solely for the purpose of avoiding protracted litigation and associated costs and delays and does not constitute an admission by any of the Parties as to the proper treatment of any item raised in the pleadings in the Appeals.

DATED this 10th day of June, 1994.

BY ORDER OF THE UTAH STATE TAX COMMISSION

 

W. Val Oveson Roger O. Tew

Chairman Commissioner

 

Joe B. Pacheco Alice Shearer

Commissioner Commissioner

 

^^