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Show Park Record Thursday, July 16, 1987 Page A3 Homeowners to get tax boost by HEIDI WEST Record staff writer Within two weeks, all homeowners in Summit County will be receiving a truth in taxation notice which informs in-forms them of the assessed value of their property and the total taxes owing on it. Some, according to County Treasurer Glen Thompson, will be picking up a little more of the tax burden this year than last, and some substantially less. . Although many of the taxing entities en-tities within what the county calls District 7 (the area inside Park City limits) have maintained their tax rate at last year's level, a few have raised theirs. Add this to a new state-wide fee on assessing property and collecting taxes, and there is a total tax rate of 0.016749 ( 83.7 mills) compared to last year's 0.014848 (74.24 mills). If homes and condominiums in Park City were valued at last year's prices, this would mean a slight increase in-crease across the board. But, County Assessor Ron Perry has made some changes to correct inequities between bet-ween the appraised value and actual market value for some property in Park City, and that will translate to a generally heavier tax burden for homes and a lighter tax bill for condominiums con-dominiums this year. Although Perry's office is gearing up for a home-by-home reappraisal of Park City property, it devalued some areas of houses and condominiums con-dominiums this year to "resolve some serious problems that needed attention," according to Perry. All condominiums were reduced in appraised cost by 25 percent. Primary places of residence in Old Town were lowered by 15 percent. Homes in the Prospector area had already been devalued in 1984 by 25 percent when the Environmental Protection Agency's mine tailings issue slowed home sales, said Perry. Sales in the Thaynes Canyon and Park Meadows areas fluctuated, but the average was not significantly different from last year's values, he noted. Perry uses guidelines provided by the State Tax Commission for deciding whether homes are under or over valued. For this generic set of re-appraisals he gathered information infor-mation on sales prices in the area, and compared it to the figures the county was using. If the market value was higher or lower than the appraised figure by at least 10 percent, per-cent, Perry's office changed the assessed value. The result of the changes made this year to eliminate inequities between bet-ween the county numbers and market value have fortunate consequences conse-quences for condominiums owners and less fortunate results for some homeowners. For instance, a Park Meadows homeowner (where values did not change) with property worth $100,000, would have paid $890 in taxes in 1986. But, in 1987 they will have to fork out just over $1,000. A $100,000 condominium owner, on the other hand, would have paid $890 last year, but now will only owe $754. With reductions in the tax base as a whole, some taxing entities raised the rate just to make the same amount of money as last year. Others, like Summit County, reduced reduc-ed their budgets enough that they could withstand the estimated $1 billion loss in tax base without upp-ing upp-ing taxes. In District 7, the following entities raised taxes: Park City Municipal Corporation raised its rate from last year's 0.003421 (17 mills) to 0.004232 (21.2 mills); Snyderville Basin Sewer District is up from 0.00020 (1 mill) to 0.00050 (2 mills); and Park City Fire Service District is up from 0.00110 (5.5 mills) to 0.00149 (7.45 mills). Summit County kept its tax rate at 0.001539 (7.7 mills), Weber Basin water was the same at 0.00020 (1 mill), and the Park City School District, definitely District 7's big spender, stayed at 0.008282 ( 41.4 mills). A 0.000106 (0.5 mills) tax for assessing and collecting was replaced replac-ed by a state fee of 0.00050 (2.5 mills) for the same service. Any extra money above that needed for county assessing and collecting raised by the state fee will go to a state fund to be divided among other counties, said Thompson. The county commissioners will convene the board of equalization in August to hear arguments on unfair taxation, said Perry. "I want to stress the burden of proof is on the taxpayer," he said. Homeowners who think the assessed assess-ed value of their property should come prepared with information on at least three recent sales of homes comparable to theirs. If they can show their house has been valued at least 10 percent too high, the board will consider a reduction. The board of equalization hearings are tentatively scheduled for Aug. 10, 12 and 13. All will take place in Coalville. till, -4 vFssa t -, , -" r r JV, - M if ft.-yki it-3' 3 ,v The Depot at the base of Main St. is being restored to its pre-fire condition. Money from the city's Historic District grants will help. RESTORATION from A i Pacific Depot, Park City Community Communi-ty Church and St. Luke's Church. Eighteen of 40 residential applicants ap-plicants were successful. They are: 10 Daly, 830 Empire, 9 Hillside, 150 Main, 945 Norfolk, 955 Norfolk, 305 Park, 323 Park, 450 Park, 528 Park, 539 Park, 569 Park, 703 Park, 36 Prospect, Pro-spect, 40 Sampson, 901 Woodside, 1026 Woodside and 1027 Woodside. f!y '' . r I , jG5urr"-" The Egyptian theater was one of the winners of grant money from the Park City Historic District Commission to repair leaks in the roof. Fridays and Saturdays 5PMOTHEYARR0W-A cozy restaurant, starring a luscious buffet of prime rib, seafood special of the week, vegetable and potato dishes, salads and fresh fruits. Runningtlme: 5-10:30 p.m. O H'A'S'H-Simger serves up anotherunmspireddmnennadrab and dratty diner. 6 PM i GIMME A STEAK! A raw tenderloin tae of chew.ng the tat ,n acheapsteakhouse. 6.3OOCAMPBEUS-Or8mii.A 63 soupysagaofgoingoultodmner" , 8P ama;60min.Crockettand Tubbsdiscoventgoesagainst theirgraintobe overcharged and underled.sotheyrolluptheir sleevestoprovethatbuttets are better. niii BDMOVIE-'AViewtoiOiH- jamesBondlRogerMoorejruns hlSbunsofthopmgtoketchupto nemeslSGraceJones.who relishes making the masses eat tasttood forever. 9PM O FALCON BREAST; 60 min. Angelafindsherselt suddenly aioneafterservingyetanother creative-chickendinnerathome. All-you-can-eat Fridays and Saturdays 5-10:30 p.m. Don't miss our other specials Lunch Break A great meal deal! Monday-Saturday 11:30 a.m.-4:00p.m. $2.95 Nightly Dinner Special Your choice of meat or fish Daily 5:00-1 0:30 p.m. $4.95 Sunset Steak Dinner Daily 5:00-10:30 p.m. $5.95 Sunday Brunch Eggsorcise your hunger Sundays 11:00 a.m.-3:00 p.m. $12.95 Seniors $9.95 Children $5.95 Park City's Gathering Place Resort Hotel & Conference Center 1800 Park A ve. 649-7000 Rocky Mountain Meats & Deli Announces "A Catered Affair" Featuring John Richardson, Professional Chef 1 iv v Come Celebrate with us! July 15-18 Register for free gifts! Fresh fish, poultry. and meats cut to order. Cold cuts,& imported cheeses. BBCLchicken to go! Picnic baskets, box lunches, party trays, full catering service, and more!! Deli always open for the best and freshest sandwiches around |