The Utah State Commission is warning property owners that property value statements to be sent out this month will not reflect changes in property value caused by the COVID-19 pandemic.
“You will receive your Notice of Valuation and Tax Changes for real property in the month of July from your county auditor,” writes the state Tax Commission in a press release. “Please note that your property is valued by the county assessor and all real property is required to be valued as of the lien date. The lien date each year is January 1st, according to state code.”
Because the COVID-19 pandemic happened after January 1, 2020, if there was any impact to your value, it will not be reflected in the 2020 valuation of your property.
Any impact that may occur, such as a decrease in value due to the COVID-19 pandemic, will not be reflected until the 2021 valuation, according to the Tax Commission.
“The Utah State Tax Commission recognizes the burden that the recent COVID-19 pandemic has had on the majority of taxpayers throughout the State of Utah. This is not an ideal situation for taxpayers, businesses or local government here in our state,” reads the press release.
Taxpayers that choose to appeal the value of their property in 2020, may appeal to the local board of equalization, which should consider and weigh all evidence that may be presented, according to the state Tax Commission.
However, the evidence should reflect what was known or knowable as of the lien date of Jan. 1, 2020.
Information on the appeal process is available from the Tooele County Auditor’s at the website boe.tooeleco.org/.
Appeals must be filed by Sept. 15 at 5 p.m. Questions about the appeal process should be addressed to the Tooele County Auditor.
Questions regarding valuations of property can be addressed to the Tooele County Assessor.