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Show Business Pays 59 of Garfield County's Property Tax Burden Business payed 59.6-percent of property tax bill In Garfield County last year according to the Utah Foundation. Total property taxes charged in Garfield County last year amounted to $781,640. Of this sum, the various classes of commercial and industrial property accounted for $465,902 or 59.6-percent of the total. Other property tax categories Include residential property $176,083 or 22.5-percent; motor vehicles, $36,420, 4.7-percent; agricultural property, $91,261, 117-percent; and miscellaneous, $11,974, 1.5-percent. Part of the property tax collected on motor vehicles and miscellaneous property represents taxes on business and industry and part on Individuals. Throughout the state, property taxes charged during 1975 toUled $208,132,348. This represented an' increase of $27 million, or 14.9-percent over the 1974 total. The report notes that all of this gain can be accounted for by new properties being added to the tax rolls and by Increases in existing valuation under the statewide equalization program. Last year Cache, Weber, Davis and Grand Counties were revalued and Increases In land assessments were Imposed in Salt Lake County. More than 60-percent of the property taxes collected In Utah is used for the support of local schools. Last year, school taxes levied in Utah totaled $126.5 million, or 60.8-percent of the total. In addition to the property tax, public schools receive all of the state Individual and corporate Income tax plus a substantial portion of the sales tax through transfers from the general fund. ' |
