OCR Text |
Show Commercial And Industrial Tax-Payers Carry Major Portion Of County Tax Load Owners of commercial and Industrial property paid $288,-387 or 59.275S of the total property taxes charged In Garfield County last year. This compares with property taxes of $73,235 (15.05$ of the total) on residential property, $80,294 or 16.5& on motor vehicles (passenger cars and trucks), and $33,168 (0.82) on agricultural property (farm real estate, farm buildings, machinery, and livestock). These facts were reported in a Utah Foundation analysis of property tax data compiled by the State Tax Commission. The Foundation report notes that In 1970 for the state as a whole, approximately 51.6 of the total property tax burden was borne by owners of commercial and industrial property, 35.3 by owners of residential property, 7.3 by own ers of motor vehicles, and 5.3 by agricultural property owners. Total property taxes Imposed in Garfield County last year amounted to $486,559 according to the Foundation study. This represented an Increase of $85,955 or 21.46 from the 1969 property tax total and was $266,203 or 120.81 above the 1960 level. Throughout the state property taxes rose by 6.7 last year and have Increased by 77.2 since 1960. Foundation analysts point out that the main elements In the property tax rise during recent years include (1) mill levy Increases, (2) new properties added to the tax rolls, (3) assessment adjustments stemming from the revaluation programs, and (4) higher assessments resulting from an Increased volume of mineral production in the State. The average mill levy In Garfield County last year was 64.90 mills ($64.90 per $1,000 assessed valuation). This compares with an average county wide rate of 66.83 mills In 1965 and 58.30 mills in 1960. Schools continue to receive the largest share from property tax receipts. State and local property taxes levied for support of public schools in Garfield County last year totaled $340,345. This was equal to 71.2 of all property taxes Imposed in the County. Taxes for county purposes amounted to $89,960 (18.5 of the total), municipal taxes were eq-al to $41,518 (8.5), taxes imposed by special Improvement districts totaled $7,066 (1.5), and bounty taxes amounted to $1,670 (0.3) in 1970. |