Property Tax
Centrally Assessed Property
In Utah’s property tax system, most properties are valued by the local county assessor. However, certain industries are valued centrally by the Centrally Assessed Division of the Utah State Tax Commission. The Division values mining, oil & gas, and utilities & transportation property pursuant to Utah Code Ann. §59-2-201.
Centrally assessed values are set annually and then apportioned to counties and tax areas based on the property’s location (situs). Each local county treasurer bills and collects property taxes for the values apportioned to their county. Revenues collected by the counties are then distributed to the appropriate local governments and entities.
Who Does What?
Division’s Role
- Appraise mining, oil & gas, and utility & transportation property
- Apportion values to counties and tax areas based on property situs
County’s Role
- Bill and collect centrally assessed property tax
- Distribute revenue to appropriate local governments and entities
Operator Requirements and Resources
Operators of mining, oil & gas, and utilities & transportation properties must file annual returns with the Centrally Assessed Division no later than March 1.
Registration, return, and income questionnaire forms are available on our Forms page.
For more details, click on the desired industry at the top of this page.
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IMPORTANT DATES |
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January 1 |
Centrally Assessed Filing Period Begins |
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March 1 |
Deadline for Filing Annual Centrally Assessed Returns |
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May 1 |
Annual Centrally Assessed Values Available |
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August 1 |
Taxpayer Deadline for Filing Centrally Assessed Appeals |
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November and December |
Counties send out centrally assessed tax bills to centrally assessed taxpayers |