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Show submit supplemental sales information. informa-tion. In any event, as soon as you have received the results of the sales ratio study, we would very much appreciate receiving a copy. Once you have that information and have been able to discuss with the County Commissioners the option of doing a county-wide reappraisal, we would be happy to sit down with you again to discuss who should be involved in paying for such a reappraisal. Again, thank you very much for attending our work session. I think it opened the door to new levels of cooperation with respect to understanding under-standing and improving our property tax assessment practices. Very truly yours, Mayor John C. Green, Jr. reappraisal process. Although the results of a reappraisal would not necessarily raise the total assessed valuation within Park City, any property that is reappraised at a higher value will be paying a disproportionate share vis a vis the taxpayers in other parts of Summit County. It further doesn't seem logical to split existing taxing districts by reappraising only the Park City portion of the School District and Fire District. That would make taxes paid for to the School District particularly inequitable for properties within the City, given the fact that the School District represents 60 percent of the taxpayer's property tax bill. You indicated that the State Tax Commission office is taking a very special look at sales ratio data for Summit County, because their last year's survey indicated that Summit County was underassessed more so than any other county in the State. You disagreed with last year's data, but because you didn't have any other sales information on which to dispute the State Tax Commission, you were forced to factor up Park City's property as instructed by the State. Should their sales ratio data for this year suggest yet another factoring for Park City, please get in touch with the City immediately and we will be willing to assist you in evaluating the accuracy of their sales ratio study, and where applicable to Don't single out Park City Editor's note: Reprinted below is a copy of a letter dated Dec. 7 from Park City Mayor Jack Green to Summit County Assessor Leo Frazier. Dear Leo: Thanks to your presentation and that of the representatives from My-Key Appraisal Service, the City Council now has a much clearer understanding of the problems you face with respect to inequalities in property values, as well as the inadequacy of detailed property information necessary to maintain proper assessment records. These are very real problems, and the successful Deer Valley assessment appeal, illustrates the potential impact for all taxing entities. The City Council, however, does not agree that the reappraisal should fall solely on Park City, because you have received some protests from Old Town residents as well as Deer Valley. If the inequalities are a problem, they are a problem county-wide, and the City Council would be supportive of a county-wide |