59-2-705 - Personal property audits -- Records confidential -- Cost. - Utah Statutes

59-2-705. Personal property audits -- Records confidential -- Cost.
(1) The commission shall provide the services of qualified personal property appraisersfor the purpose of auditing taxable personal property accounts in each county. The results of theaudits shall be reported to the assessor of the county. The reports shall constitute the confidentialrecords of the commission and the assessor's office but the commission or the assessor maypublish statistical information based upon the audits. The accounts to be audited shall bedetermined by the commission and the county assessor.
(2) The costs of all personal property audits made pursuant to Subsection (1) shall becomputed by the commission upon the basis of the number of days of services rendered, and 70%of the cost shall be borne by the commission and 30% by the county. To assist the counties inbudgeting for these services, the commission shall submit to each county assessor not later thanMay 1 of each year an estimate of the costs of the audits for the following fiscal year.

Amended by Chapter 3, 1988 General Session