Show r kry St dy of Pr Property perlY Soles Sales in in C County Completed by Commission Field Crew rew A r research study of or recent property sales In Grand Grud county county county coun coun- ty by the Utah State Stat Tax Commission was brought to a acon con conclusion lu lon this week with the release of the report of fIndIngs find find- Ings The I average prop property owner In Tn Grand county according to the study pays nys his taxes on the basis of an assessed P atlon that represents 1591 1391 per percent c cent cht nt of his property's actual market value About transactions were decked checked and verified by Ta TaC Tax C Commission analysts Of the these I transfers Cers stood the test of being sales at fair Calr market value value val val- ue In each ach Instance both sat sales Information lion and ass assessed value were thoroughly verified The buyer and seller of each property property pro prod perty concerned were Int Interviewed interviewed Inter inter- r. r viewed and all matters pertaining per taming to the transaction were checked The sales assessment sales ratio study that has Just been completed completed com com- In Grand county represents represents represents a segment of a wide state-wide program that has been undertaken undertaken undertaken under under- taken by the Tax Commissions Commission's lons lon's new Research and ane Analysis section section sec sec- tion lion said On Orvllle OT Gunther Chairman of the Utah State Tax Commission Utah has been a leader In applying principals of or uniformity uniform uniform- ity In determining valuations valuation tor for tax tar purposes Ur oses Only Onty a few states In the country have set setup setup up wp a 11 state wide reappraisal pro program ram wherein state employed employed em em- engineers using a standard stan stan- lord dare manual and following u standard procedures procedure actually make full an appraisals sets of each and IV every ry parcel of taxable property Commis Commis- Commissioner Commissioner stoner Gunther noted Designed to supplement the reappraisal program the assessment ns- ns sales ratio program will win measure valuation factors that are not Inherent In Jn the properties themselves These factors which stem from area economic and aM population Increase Increase In In- crease or decline Influence market values In many In In- In Instances Instances stances by hy very pronounced de ele- grees Similarly constructed and lInd therefore similarly assessed assessed asses- asses sed Improved properties which arc are located In different areas of the state and have vastly different values on the market The only way this difference I t ft j w f if w wI wt t I II II I I p II I I u I I Officers for the y year ar 1961 of Moab Lodge 2021 of th the Benevolent and Protective Protective Pro Pro- Order of Elks shown are left to right Inner Guard Hobert Woods Es- Es Esquire Esquire quire Donald Esteemed Loyal Loy Loy- al nl Knight Val Maughn Exalted Ruler Edward Esteemed Leading can be measured Is to bake make a survey of actual sales that have taken place In an area and re relate relate re re- late the selling prices of the Knight Ellis Cook Jr fr ir and Trustee Joe Pulliam Other officers include Tiler Fred Dumas Chaplin Max Secretary Secretary Sec Sec- Dallas Tanner and Trustees Wil Ham Barn Hayes Theodore Belliner Delliner Clarence Engstrom and Eben Scharf properties to their assessed valuations seven Ninety-seven of the one hundred hundred hundred hun hun- dred transactions involved pro prod located In Moab The average assessment lev level l of these properties Is com computed ted at 1549 1599 per cent |