The panel wraps up their discussion on assessing and collecting. Is it time to go back to the drawing board and develop a different program to fund the office that assess and collect property taxes.
Archives for March 2012
The Multicounty Assessing and Collecting levy is in place to help counties across the state to have the same resources to assess the value of property and come up with similar values across the state. In the previous section we discussed some of the problems and concerns. In this segment we discuss the
proposed solutions that the state and counties have discussed.
What is the multicounty assessing and collecting levy? Terry Wood finds out how this line item on your property tax goes toward funding the offices that are in charge of assessing the value of property in Utah and collecting property taxes. It’s important that counties all have the same resources in order to fairly assess all property in the state.
What are the problems that the state and counties are having with the multicounty assessing and collecting levy? Both parties are concerned about transparency and accountability of the use of the funds collected. There is also limitations to how much counties contribute to the fund because there are caps.