Show How Much Property Tax For Commercial Commercial property pays percent of property taxes in Davis County OWNERS ERS OF commercial and industrial property paid 2702 or 31 6 percent of the total property taxes charged in Davis Davi County last year This compares compares com corn pares with property taxes of percent of the total on residential property or 90 percent on motor vehicles passenger cars and ald trucks and 36 percent percent percent per per- cent on agricultural property farm real estate farm buildings buildings buildings build build- ings machinery and livestock These facts were reported in ina ina ina a Utah Foundation anal analysis sis of property tax tar data compiled by the State Tax Commission THE FOUNDATION report notes that in 1969 for the state as a whole approximately percent of the total property tax burden was borne by owners of commercial and industrial property percent by owners owners owners own own- ers of residential property 72 percent by owners of motor vehicles and 56 percent by agricultural property owners Total property taxes imposed on Davis County last year amounted to according according accord accord- ing to the Foundation study This represented an increase of or 60 percent from the 1968 property tax total and was or percent above the 1960 level Throughout Through Through- out the state property taxes rose by 56 percent last year and have increased by percent since 1960 THE FOUNDATION notes however that the property tax has been rising at approximately approximate approximate- ly half the rate of the increase in other major taxes in Utah For example total state non non- property taxes in Utah increased percent in 1969 and 1008 percent since 1960 Sales tax collections went up 11 7 percent percent percent per per- cent last year and 1277 percent percent percent per per- cent between 1960 and 1969 State individual income taxes climbed percent in 1969 and 2135 percent more than three times since 1960 Foundation analysts point out that the main elements in inthe inthe inthe the property tax rise during that the main elements in the property tax rise during recent recent recent re re- re- re cent years include 1 l mill levy increases 2 new properties properties prop prop- added to the tax rolls and 3 assessment adjustments stemming from the revaluation programs The average mill levy in Davis County last year was mills per 1000 assessed valuation This compares with an average county county county coun coun- ty wide rate of mills in 1965 and mills in 1960 THROUGHOUT the state the overall average mill levy in 1969 was mills per 1000 assess assessed valuation This compares with mills in 1965 mills in 1960 and mills in 1950 The foundation report observes that although the average mill levy in Utah has continued to rise the increase during the past four years has averaged less that 1 percent per year compared compared compared com com- pared with an average annual increase of nearly 4 percent I in the year fifteen-year period prior to 1965 Schools continue to receive the largest share from property tax receipts State and local property taxes levied for support support support sup sup- port of the public schools in Davis County last year totaled This was equal to percent of all property taxes imposed in the County TAXES FOR county purposes amounted to percent of the total tota municipal taxes were equal to percent taxes imposed by special improvement districts districts districts dis dis- totaled 84 percent percent percent per per- cent a and n d bounty taxes amounted to 1118 percent percent percent per per- cent in 1969 Throughout the entire state school taxes both state and local accounted for per per- cent of the total property tax lax load during 1969 Property taxes imposed by county governments governments govern govern- ments were equal equal- to percent percent percent per per- cent of the total city and town taxes amounted to percent percent per per- cent taxes levied by special improvement districts totaled 43 percent and bounty taxes accounted for 01 percent 0 of the Utah property tax load last year |