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Show Taxes not up from redevelopment Redevelopment and taxes they seem to be on everyone's mind now that assessment notices have been mailed by Iron County. However, much of what seems to be on the minds of the majority is misconception and misinformation. misin-formation. There are at least two of these misconceptions that The Iron County Record feels should have some light shed upon. First, assessment values in the County have not risen drastically since last year. Second, redevelopment has no effect on either assessed values or tax levels of County properties. According to Iron County Assessor G. Steven Grimshaw, the assessment notices mailed last month are deceiving. They reflect a 29 percent increase mandated by the Utah State Tax Commission Com-mission at the end of last year. However, he added, that increase was rolled back by the State Legislature early this spring, and assessed values, in reality, have risen only about 3.2 percent. This change will be reflected on tax notices this fall. Action by the legislature, the courts and the tax commission have kept all county assessors hopping during the past few months, and they finally had to mail notices, with the latest information. Second, redevelopment does not increase taxes, whether one agrees with the concept of redevelopment or not. Properties which lie within the redevelopment project area have two assessment notices, simply for bookkeeping purposes. The first notice give the assessed value of the property as of Dec. 23, 1980, the date the redevelopment project became official. The other notice gives any increased value since that time. It is the taxes from this increased value that will fund the redevelopment projects. But taxes were not raised in any way to fund the redevelopment projects. ' The situation is unfortunate, one that is completely com-pletely out of the hands of County officials, who were called upon to implement the plans and the tax notices. To sum it up Grimshaw said, those in the redevelopment area will pay no more or less proportionately than anyone else in the County, and no one is paying more taxes because of redevelopment. |