AGENCY: Utah State Tax Commission. Property Tax Division

SERIES: 9794
TITLE: State land equity schedule
DATES: 1930-
ARRANGEMENT: Chronological, thereunder alphabetical by county

DESCRIPTION: This is a record of state lands which have been purchased by municipalities. It shows how much equity has been accrued on the property. These schedules are used by the Tax Commission to remove properties from taxable lists to non-taxable lists when property is purchased by a municipality. If the property was sold by the municipality, it is placed back on the taxable property list. It is also used to assess equity between the date purchased to the time the property was sold. This is a way to calculate the net gain from the sale of the property. These schedules contain certificate number, legal description, name of previous owner, name of new owner, county where property is located, and purchase price and accrued equity of land.

RETENTION

Retain for 7 year(s)

DISPOSITION

Destroy.

RETENTION AND DISPOSITION AUTHORIZATION

Retention and disposition for this series were specifically approved by the State Records Committee.

APPROVED: 12/1991

FORMAT MANAGEMENT

Paper: Retain in Office for 7 years and then destroy.

APPRAISAL

Administrative

This disposition is based on the needs expressed by the Tax Commission to retain these schedules to track the value of state lands purchased for the period of 7 years.

PRIMARY DESIGNATION

Public