OCR Text |
Show Park Record Thursday, April 16, 1987 Page A5 City RJews Property taxes d rop jpolice Report The average property tax charged on a home valued at $75,000 in Park City last year amounted to $675, or 0.90 percent of current value. This compares with an average tax level of 0.85 percent on residential property proper-ty in 1985. These were some of the findings made in a comparative survey of the residential tax burden prepared by the Utah Foundation, a private tax research organization. The study calculated and reported the average tax burden in 1986 on the same value home located in 139 different communities com-munities throughout the state. According to the survey, the average property tax on a $75,000 home ranged from a low of $377 in the unincorporated area of the South Summit School District to a high of $876 in the city of Sandy. This wide variance was primarily due to differences dif-ferences in the property tax rates levied by the local units using the tax. In addition, there also were some disparities in the valuations placed on properties for tax purposes pur-poses in communities across the state. Throughout the state, property tax on a home valued at $75,000 averaged averag-ed $692, or about 0.92 percent of market value last year. This compares com-pares with an average tax burden of $668, or 0.89 percent of market value on a $75,000 home in 1985. In other words, the average property tax burden in Utah rose by 3.6 percent last year. Tax increases were rather general at all levels of local government in Utah during 1986. The study shows that property increases occurred in 19 school districts, 19 counties, and 108 cities and towns last year. Foun-dation Foun-dation analysts note that a preliminary analysis of county budgets indicates that additional property tax increases are likely again in 1987. In Utah, residential property is valued at 60 percent of market value for taxing purposes, while other locally-assessed real property is placed on the tax roles at 80 percent of market value. Only centrally (state) assessed property (utilities, railroads, etc.), and personal property pro-perty (motor vehicles, machinery, equipment, etc.), are valued for tax purposes at 100 percent of full value. Therefore, this classification of property for tax purposes means that the effective tax rate for some types of property is considerably higher than it is for others. The tax level for non-residential locally-assessed locally-assessed property, for example, is one-third higher than it is for owner-occupied owner-occupied residential property, while the tax level for state-assessed property pro-perty is two-thirds greater than the residential tax level. AGENDA Park City Council PUBLIC NOTICE IS HEREBY GIVEN that the City Council of Park City, Summit County, Utah will hold a work session at the Marsac Municipal Building, 445 Marsac Avenue, Park City, Utah for the purposes and at the times as described below on Thursday, April 16, 1987. There will be no regular meeting. AGENDA Work Session 3:30 p.m. Golf Course Fees Schedule Council Planning Objectives Sunday April 19 Easter Sunrise Service of Celebration During this most holy of holiday celebrations, we extend to you and your loved ones our sincerest wishes for a joyous and fulfilling Easter. May the Lord look upon you always with love and understanding every day of the year and keep you forever within His most loving embrace. THE PARK CITY ECUMENICAL COUNCIL Participating in the service: Pastor Bill Lynch Park City Christian Fellowship Rev. David Krueger Shepherd of the Mountains Lutheran Church Rev. Mark Heiss Park City Community Church Father Pat Carley St. Mary's Catholic Church 7:00 a.m. Steeps Park City Ski Area Several thefts are reported to police City Brief Another guest reported a Feb. 24 theft at Stein's where $40 was taken from a wallet while it was unattended unattend-ed in a room, and a pair of tennis shoes was taken. And a guest from California also reported $50 missing from a wallet that had been left in a room. A gas skip was reported at the Top Stop by Lew Saxtons who said $16 of gasoline had been stolen. Saxtons said two males driving a light blue 1977 Ford Thunderbird without license plates fled north on Highway 224 toward Interstate 80 after putting put-ting the gas in the car. Several incidences of thefts from rooms at the Stein Eriksen Lodge that have occurred since February were reported by management there to the Park City Police Department. The first incident occurred Feb. 18 when a black leather jacket valued at $550 was reported missing. The jacket was later recovered and returned. On Feburary 19 a woman from Massachusetts reported several items missing from her room, including pearl earrings, ski apparel and cash, all totalling about $600. Group has designs on city A "sharette" sounded like a Motown singing group, but it really was a brainstorming session for the Redevelopment Agency Plan proposed by the Park City Planning Department. Huh? Last Thursday Myles Rademan, planning director, met with four Park City designers to discuss the plan to spend $2.5 million to revitalize the downtown area. The point was to gather feedback on the planning department's proposals pro-posals and come up with new ideas, Rademan said. For the most part the designers approved of the plan which calls for a plaza, small parks, cleaning up Swede Alley and better signs downtown, according to Rademan. "I feel confident we are heading in the right direction," he said. The designers also offered suggestions on how to improve traffic circulation and locate signs around town indicating where Main Street is, Rademan said. The participating designers who live or work in Park City were Leonard Grassli, Spence Smith, Elizabeth Josephson and Kent Sundberg. The city has approximately $2.5 million in RDA money to spend on revitalizing revitaliz-ing the downtown within two years. ! ! ! ! i! ! i! i! : i! i! i! i! i! ! i! i! ! ' ! i! i! i! I! i! i! ! ! i! i! Main Street Ma Spring Into Something New ' i 1.1,. !, .1) il The Alaskan Dugin's West C.A.M.P. Nannette of New York Benetton 0 12 Park City Dry Goods Park City Warm Ups Laurel's Lingerie Dolce Vita Italian Leather Jenny's Swingset Mrs. Field's Cookies Jazz Pantry Spike's Grill Pop 'n Snacks Shapiro Travel Gifts Rocky Mountain Christmas Gifts Main Street Kiosk Jenessa's Bear Facts Names, Etc. TNT Music Sun Gallery Flash Accessories Cabin Fever Don Brady & Assoc. Main Street Fitness Studio Sun Editions Located at the Top of Historic Main Street L 7i i a i 7mn ' V Dancing Nightly til 12 midnight 3rd Level FOOD FASHION FUN k 1 o CI ' ! |