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Show Utah Property Assessed Values Drop Avay from 20 Percent Level By C. SIIAHP Utah real property assessed as-sessed valuations have dropped slightly instead of moving closer to a goal of 20 per cent of market value since 1'JG7, The State Tax Commission Commis-sion made this announcement announce-ment to county assessors attending liioir annual school in the State Office Bldg. Dec. 4. This means that sharper increases iu property assessed as-sessed valuations will bo made in course of the once every five years reappraisal re-appraisal program now In progress. The 1970 Assessment Sales Analysis issued by the commission showed that assessed valuation of all improved property has dropped from 17.D8 of market mar-ket value in 19G7, date of the last such study, to 16.98 per cent this year. Commercial Values Drop All improved commercial property was found to have clumped from 19.33 per cent to 1G.G9 per cent and unimproved city and county lots dropped from 12. G to 11.31 per cent. G. Douglas Taylor, mem' Ler of the Tax Commission Commis-sion in charge of property tax, said inflationary pressures pres-sures have been evident along the Wasatch Front and particularly in two other counties, Daggett and Iron. In these counties count-ies any properties which previously have been valued val-ued relatively low have been determined to have a higher market value because be-cause of sales of many lots for recreational use. Emery County was found to have one of the lowest property assessed valuations, valua-tions, only 13.29 per cent of market value, as compared com-pared with the over - all state average of 15.67 per cent. Reappraisal Set! Emery is due for reappraisal reap-praisal next year by the Tax Commission schedule. All Grand County properties prop-erties were found to be assessed at 14.81 per cent of market value; San Juan County at 14.12 per cent; Sanpete at 15.49 per cent, Carbon at 16.29 per cent and Sevier at 17.3 per cent, Taylor said licensed appraisers ap-praisers on the state staff have virtually completed their work in Summit, Wasatch, Was-atch, Morgan and Rich ' counties. Work is now being be-ing done in Wayne, Daggett Dag-gett and Garfield counties and contracts for reap, praisal are being negotiated negotia-ted in Washington, Millard Mil-lard and Kane counties, he said. "There is some movement move-ment to ask that implementing imple-menting the new county-wide county-wide reappraisals be delayed de-layed until 1972 when the Green Belt program will become effective," he said. Green Belt Schedule He explained that all valuation, mapping and classification of farm properties pro-perties eligible for inclusion inclu-sion in the Green Belt plan are to be in the hands of county assessors by Aug. 1, 1971. Farmers must file application appli-cation by Oct. 1, 1971 for valuing their properties ' uhder the Green Belt Program. Pro-gram. This will base farm property assessed validations valid-ations upon value for farm purposes rather than upon up-on speculative or market values. In computing the .assessment .assess-ment sales analysis, Tax Commission workers stud- ' ied more than 25,000 trans, fers of real property which were researched and found valid. . . The Tax Commission recommended rec-ommended Dec. 4 to Gov. Calvin L. Rampton that a renewed attempt be mad'J in the 1971 Legislature to adopt a constitutional am-mendment am-mendment to provide for a uniform statewide prop, petty tax on automobiles. Change Due Vernon L. Jlolrnan, commission com-mission chairman, said assessing as-sessing and collecting personal per-sonal property tax on automobiles au-tomobiles has become so complicated (now made on basis of local property levies) le-vies) that a change is in order. No county, he declared, would lose any money by the change. The state would collect the "in-lieu of" tax but remit it to counties. He foresees a substantial saving in costs of collecting such a tax. Kids were invited Dec. 6 by the State Highway Department De-partment for build. ng a continuous steel beam vehicular ve-hicular bridge across the San Juan Liver above Bluff. As part of the project estimated to cost $:i25,tJJ, .0 of a mile of approach road will be built. The bids will be opened Dee. 22. The U.S. Bureau of Indian In-dian Affairs is to pay $20'J,C'J0, the State Indian Affairs Commission $100,-003 $100,-003 and San Juan County $50,OJO. Bids also will be opened Dec. 22 for building a pro-stressed pro-stressed concrete girder bridge across the Sevier River on a country road two miles west of Gunnison. Gunn-ison. This is expected to cost $50,000. |
