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Show r c- -r in w 3 buO 3 C Although the property tax in Utah tends to be low for residential and farm property, it is high for commercial and industrial property when U.S. norms. with compared This was the conclusion reached by Utah Foundation, the private tax research organization, in their latest study of the property tax burden on individuals and business. The Foundation report naout a recent that points tionwide survey by the U.S. Advisory Commission on Intergovernmental Relations reveal that Utahs property tax burden on residential property is 35 below the U.S. average by the income test and 26 under the national average by Big selection to "O choose from u O u Q) Large range of sizes o: c (0 3 C 3If 00333 eg CO o Open 10 a.m. value test. The income test relates property tax payments on residential property the cEcnEEsjocnaD to the income of the persons occupying such dwellings. The to 7 p.m. SP I NACH COFFEE! MAC Tasters Choice oz. 8 CHEESE DINNERS Kraft & TOMATO SAUCE 8 TOMATO JUICE 300 Hunts m& m BACON Ends & Pieces Sigmans Cherry Wilderness 69 $ SLAB BACON DEVILED 7 oz. Underwood 79$ ROUND STEAK 59 $ LONGHORN SPAM i SOUP Tomato Campbells oz. 389$ WHITE KING $2.49 $2.99 COLD D Family Size POWER CASHEWS Family Size 12 6 in. SPANISH PEANUTS PALMOLIVE Bath cow PLEDGE BANDA 14 IDS Sheer r 1 Value I l Giant Size wocpn 2 Expires I I I i I I l l II 3 wocpn 4$1.32 BLUE MT. FOODS 4$l HII 28t3 II Expires 81774 "" "b lumt.Toods "" "" 1 Shortening lbs. PIES lb. $1 , A9 $1.19 com- pared with 42 for the U.S. as a whole. Nonbusiness taxes, on the other hand, make up about 41 of total property tax collections in Utah as opposed to the U.S. average of 52. Farm taxes are equal to 5 of total property taxes in Utah and 6 in the nation. The Utah Foundation report observes that the Advisory Commissions property tax that a massive Federal effort designed both to cut the residential tax substantially property the country and to throughout to assume states encourage most of the cost for financing local schools was neither necThe essary nor desirable. recommended Commission that policies dealing with property tax relief remain the exclusive domain of State Morton ROLLS Rhodes 36; WAFFLES l I Giant Foundation analysts attribute this disparity between residential and business property taxes to the lack of uniformity in assessment ratios among the various classes of property in Utah. Latest Tax stuCommission sales-rati- o dies indicate, for example, that residential property throughout the state is assessed at about 15.8 of market value with farm property being assessed at iO.4 of selling price. Utility and railroad polic- Eggo 13 oz. y-makers. l I I 48 ll l 39$ GRAPES Seedless ib. HONEYDEWS ib.lA$ STALK CELERY ib. PLUMS ib. The Advisory Commission, however , reaffirmed its earlier recommendations calling upon states to reform property tax administration. According to the Foundation report, Utah has taken some dramatic steps during the past few years to improve the administration of the property tax throughout the state. 12$ 25$ Fashion Show August 16th Whats the latest in fashions for fall and winter? Fashions for Her and The Mens Store will be showing their new line of clothing at a Fashion Show, Friday night, August 16th, 8 at the Monticello p.m., Library. Bakerite 3 wocpn $1.39 $1.193 1H PAN 59iI Thrill II . Liquid Detergent 153 II wocpn 65? 4 I Expires 81774 CHEESE lb. I oz. 11 Viennas Wilson oz. I Expires 82574 I lb. 81774 BLUE MT. FOODS I I . 59$ I 74? I I it., I WITH COUPON l $1.69 lb. mt. foods Cascade I 3 99$ reg. $1.19 BLUE CREAM $1.19 oz. Lemon or Reg. .. study concluded 68$ 59$ 29$ oz. 1 industrial property. perty tax collections, 18$ FACIAL TISSUE 200s Western Shores by the Advisory Commission relaon Intergovernmental out that while tions pointed the relative Utah property tax effort in 1966-6- 7 was 25 below the U.S. average for nonfarm residential property and 28 below for farm property, it was 24 above the national average for commercial and not primarily a tax on home-owneThe Foundation study shows that business taxes in Utah comprise 54 of all pro- 895$ oz. Western F amily property. An earlier nationwide study properties, which are assessed by the State, are valued A$l oz. 7 pro-wi- th rs. PIE FILLING HAM & value test compares property taxes on residential the market value of such at about 26 of recognized value. Furthermore, mining property is assessed on the basis of net proceeds which automatically reflects higher metal prices and increased production. Contrary to popular belief, the property tax in Utah is $1.29 $2.59 lb. 2 o 4$l 303 Del Monte QUIK Cocoa o auto pop ragrota aflgrogKgQ taasiflgSQ i Taxes 0 iff er U f ah Come in and see the new fall fashions and colors featured in the Fashion Show cn ' --O- h Ji Expires 81774 George Walton will be the emcee for the evening and the models will be local people. So come and take a look, the admission is free and door prizes will be drawn throughout the show. j |
