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Show s372,224,000 Property Taxes "Utah taxpayers will dole out an estimated $372,224,000 in total property taxes this year," claims the Utah Taxpayers Tax-payers Association, a statewide state-wide tax watchdog organization. organiza-tion. "This is a nine percent or $30.8 million increase over the $341.4 million billed at this time last year," said UTA. "PROPERTY taxes are now the second largest money producer pro-ducer in the state, only state and local sales taxes bring in more. Total sales tax collections collec-tions were $398 million last year." said Jack Olson, executive execu-tive vice president of the tax association. "Most county treasurers have already mailed tax notices for 1980, and according to state law, these taxes must be paid on or before Nov. 30." UTA ANALYSTS computed this years total property tax burden by using mill levy rates that were set last August and assessed valuations as they are reported by the State Tax Commission. "The 1980 average overall levy is 67.80 mills, or $67.80 in property taxes for each $1 ,000 of assessed valuations. On a $60,000 home assessed at 20 percent, this year's tax would amount to $814. The 1979aver-age 1979aver-age tax rate was 65. 14 mills, or , $782; on the same average home. Therefore, this years w total average property tax increase in-crease amounts to $32. "UTAH'S FORTY school districts will charge $217 million, mil-lion, or almost 60 percent of the total $372 million of taxes. Last year they charged $200 million. School property taxes have increased from $98 million mil-lion in the ten year period since 1970. or 121 percent. "Cities and towns will col lect and spend 1 1 .6 percent of total property taxes charged, or $43,193,000. Municipal property taxes have gone up 112 percent since 1970," said UTA. "COUNTY government is responsible for $77,237,000 or 20 percent of all property tax collections this year. County property tax collections have increased 165 percent in the i short period since I970. j "1980 special district n, i erty taxes are the fas mg." said Olson. tncts will charge $3? 3 ft1 this year. In I970thev ch; , $6,747,240. The 5 ? crease amounts to 412 Je e m Special d.stricts include S er, water, library, spec a-3 |
