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Show Property Taxes Rise In S L C Property taxes in Salt Lake County increased $4,316,200 or U.o during 1959. according to a study just released by Utah Foundation, the private, nonprofit, tax research group. In 1959 the total property tax bill was $41,714,747 compared with $37,398,547 in 1958. The Foundation's study also shows that $24,840,476, or 59.6 of all property taxes imposed in Salt Lake County during 1959 was charged to owners of commercial and industrial property; $13,561,908 (or 32.5) to residential resident-ial property; $716,421 (or l.Tjo) to agricultural property; $2,359,274 (or 5.6$) to motor vehicles; and 236.673 (or .67o) to other miscellaneous classes.. According to the Utah Foundat- . ion report, more than half of the total property tax bill paid throughout through-out the State in 1959 was borne by owners of commercial and industrial indust-rial property. Taxes charged against commercial and industrial property amounted to $46,959,113, or 56.4 of the property tax total. Residential property owners paid $25,037,205 (30.1$ of the total). Of the remaining amounts, $5, 154,451 (6.2) to motor vehicles, and $384,985 (0.5) to other minor classes of property. ' Foundation analysts observe that most of the property tax increase in-crease that occurred during 1959 came in the taxes levied for school purposes. Property taxes for schools increased 23 throughout the State in 1959. School taxes totaled $45.2 million in 1958, compared com-pared with $55.5 million in 1959. Smaller statewide increases were noted for municipalities and decline occurring in the taxes imposed by counties. |
