OCR Text |
Show Total Property Tax Rate In Grand Slightly Down The total property tax rate in Moab decreased by 0.10 mills this year, according accord-ing to an analysis prepared by Utah Foundation, the private pri-vate research organization. Moab's total property tax levy in 1909 was 79 60 nulls ($79.60 per $1,000 assessed valuation). This compares with a total levy of 79 7) mills in 19t)8 and 77.50 miils in 1965. According to the sur-dy, sur-dy, the property tax rate in Moab has decreased 2 per cent since 1960, and increased increas-ed 61 per cent since 1950, and 82 per cent since 1910. The following tabulation shows the total tax rate in Moab during a number of selected years: Year Mill I-cvy 1910 43.75 1950 49. SO 1960 81.4 1 1965 77.50 1963 79.70 1969 79.60 Approximately 63 per cent of the propeily taxes charged charg-ed in Moab this year will g) for school purposes. The Foundation's report shows that 23 per cent of the property pro-perty tax will be for municipal muni-cipal purposes, 13 per cent for county purposes, and 2 per cent for special district purposes. A breakdown of the 1969 property lax levy in Moab is shown by the ful-lowing: ful-lowing: Purpose Mill Levy Municipal 18.00 School ' 50.2;) County 10.00 Special District 1.40 Total 79.60 Includes state school levy of 7.2 mills. The I'tah Foundation report re-port points out that the total to-tal property tax levy in the 63 larges municipalities in I'tah average 87.46 mil's ($87.46 per $1,000 assess, d valuation). This compares with 86.6-1 mills for 1968. 83. 90 mills for 1965, and 73.63 mills for 1960. Among the 63 nuinicipa'.i-tie nuinicipa'.i-tie included in the Found ;:-fmn ;:-fmn survey, total property tax levies rose in 41 cities and declined in 22 communities. commun-ities. The average rise in the cities reporting an increase was 1.51 mills, with the overage ov-erage reduction in cities with declines being 0.47 mills. Largest overall increases in-creases were recorded In' Prove 541 mills and N'e-phi N'e-phi 5.20 mills. Large.-1 d elines for the year were posti d in Kaysville 1.4.1 mills and Heber 1X1 mills. Foundation nnlysts em-I em-I liasi.-ed that in addition to mill levy incivases. taxpayers taxpay-ers in some communities also al-so will exvriouoe high.T taxes this ear as a result, of upward adjustments in property valuations. Preliminary Prelim-inary figures indicate that total assessments in I'tah rose by $77 million, or 4.65 per cent in 1060. Part of this increase results from now properties added to the lax rolls, but part is a reflection reflect-ion of the adjustments made under the property equalization equali-zation program. |