Utah Admin. Code R884-24P-24 - Form for Notice of Property Valuation and Tax Changes Pursuant to Utah Code Anns 59-2-9185 through 59-2-924
(1) The county auditor must notify all real
property owners of property valuation and tax changes on the Notice of Property
Valuation and Tax Changes form.
(a) If a
county desires to use a modified version of the Notice of Property Valuation
and Tax Changes, a copy of the proposed modification must be submitted for
approval to the Property Tax Division of the Tax Commission no later than March
1.
(i) Within 15 days of receipt, the
Property Tax Division will issue a written decision, including justifications,
on the use of the modified Notice of Property Valuation and Tax
Changes.
(ii) If a county is not
satisfied with the decision, it may petition for a hearing before the Tax
Commission as provided in
R861-1A-22.
(b) The Notice of Property
Valuation and Tax Changes, however modified, must contain the same information
as the unmodified version. A property description may be included at the option
of the county.
(2) The
Notice of Property Valuation and Tax Changes must be completed by the county
auditor in its entirety, except in the following circumstances:
(a) New property is created by a new legal
description; or
(b) The status of
the improvements on the property has changed.
(c) In instances where partial completion is
allowed, the term nonapplicable will be entered in the appropriate sections of
the Notice of Property Valuation and Tax Changes.
(d) If the county auditor determines that
conditions other than those outlined in this section merit deletion, the
auditor may enter the term "nonapplicable" in appropriate sections of the
Notice of Property Valuation and Tax Changes only after receiving approval from
the Property Tax Division in the manner described in Subsection (1).
(3) Real estate assessed under the
Farmland Assessment Act of 1969 must be reported at full market value, with the
value based upon Farmland Assessment Act rates shown parenthetically.
(4)
(a) All
completion dates specified for the disclosure of property tax information must
be strictly observed.
(b) Requests
for deviation from the statutory completion dates must be submitted in writing
on or before June 1, and receive the approval of the Property Tax Division in
the manner described in Subsection (1).
(5) If the cost of public notice required
under Section
59-2-919
is greater than one percent of the property tax revenues to be received, an
entity may combine its advertisement with other entities, or use direct mail
notification.
(6) Calculation of
the amount and percentage increase in property tax revenues required by Section
59-2-919
shall be computed by comparing property taxes levied for the current year with
property taxes budgeted the prior year, without adjusting for revenues
attributable to new growth.
(7) If
a taxing entity has not completed the tax rate setting process as prescribed in
Sections 59-2-919 and
59-2-920
before September 1, the county auditor must seek approval from the Tax
Commission to use the certified rate in calculating taxes levied.
(8) The value of property subject to the
uniform fee under Sections
59-2-405
through
59-2-405.3
is excluded from taxable value for purposes of calculating new growth, the
certified tax rate, and the proposed tax rate.
(9) The value and taxes of property subject
to the uniform fee under Sections 59-2-405 through 59-2-405.3 are excluded when
calculating the percentage of property taxes collected as provided in Section
59-2-924.
(10) Entities required to set levies for more
than one fund must compute an aggregate certified rate. The aggregate certified
rate is the sum of the certified rates for individual funds for which separate
levies are required by law. The aggregate certified rate computation applies
where:
(a) the valuation bases for the funds
are contained within identical geographic boundaries; and
(b) the funds are under the levy and budget
setting authority of the same governmental entity.
(11) For purposes of determining the
certified tax rate of a municipality incorporated on or after July 1, 1996, the
levy imposed for municipal-type services or general county purposes shall be
the certified tax rate for municipal-type services or general county purposes,
as applicable.
(12) No new entity,
including a new city, may have a certified tax rate or levy a tax for any
particular year unless that entity existed on the first day of that calendar
year.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.