SCORECARD
2007 Approved County Property Tax Rates
and Budgets
Rank | County | Tax
Rate | Budget (000) | Tax on $1M
Business | Tax on $250K Primary
Residence |
1 | Emery |
0.004412 | $6,867 |
$4,412 | $607 |
2 | San
Juan | 0.004071 | $2,672 |
$4,071 | $560 |
3 | Piute |
0.004066 | $266 |
$4,066 | $559 |
4 | Millard |
0.003768 | $6,695 |
$3,768 | $518 |
5 | Weber |
0.003608 | $33,400 |
$3,608 | $496 |
6 | Sevier |
0.003365 | $3,185 |
$3,365 | $463 |
7 | Daggett |
0.003223 | $663 |
$3,223 | $443 |
8 | Duchesene |
0.003002 | $3,617 |
$3,002 | $413 |
9 | Sanpete |
0.002957 | $2,523 |
$2,957 | $407 |
10 | Juab |
0.002869 | $1,846 |
$2,869 | $394 |
11 | Carbon |
0.002646 | $5,469 |
$2,646 | $364 |
12 | Grand |
0.002630 | $2,404 |
$2,630 | $362 |
13 | Kane |
0.002615 | $3,344 |
$2,615 | $360 |
14 | Box
Elder | 0.002574 |
$5,925 | $2,574 | $354
|
15 | Uintah |
0.002462 | $7,990 |
$2,462 | $339 |
| Mean |
0.002456 | $11,368 |
$2,456 | $338 |
16 | Morgan |
0.002332 | $1,687 |
$2,332 | $321 |
17 | Cache |
0.002237 | $9,372 |
$2,237 | $308 |
18 | Wayne |
0.002210 | $397 |
$2,210 | $304 |
19 | Davis |
0.002189 | $28,609 |
$2,189 | $301 |
20 | Salt
Lake | 0.001994 |
$138,728 | $1,994 |
$274 |
21 | Wasatch |
0.001891 | $6,369 |
$1,891 | $260 |
22 | Beaver |
0.001883 | $951 |
$1,883 | $259 |
23 | Iron |
0.001449 | $5,257 |
$1,449 | $199 |
24 | Rich |
0.001273 | $755 |
$1,273 | $175 |
25 | Washington |
0.001266 | $14,760 |
$1,266 | $174
|
26 | Garfield |
0.001234 | $543 |
$1,234 | $170 |
27 | Tooele |
0.001158 | $2,607 |
$1,158 | $159 |
28 | Utah |
0.001000 |
$22,552 | $1,000 |
$138 |
29 | Summit |
0.000846 |
$10,222 | $
846 | $116 |
Source: Utah State Tax Commission, 2008
Grants
- BILLIONS IN FUNDING COMING TO
ADDRESS SUBPRIME MESS:
- Congress
should soon complete action on a bill that will provide
significant funding to address various aspects of the
emerging housing crisis.
- This will likely include $4
billion for cities/counties distributed on a formula
basis through the CDBG process to buy and rebab
foreclosed housing and at least $100 million for
housing counseling provided by local nonprofits.
- Most large cities/counties will likely issue RFPs for
housing acquisition/rehab/resale, while funds for
housing counseling will be available through an
upcoming competitive Federal process.
- Improve Tribal Governance!
- Tribal Management Grant Program
- POSTED: 4/1/2008
- FUNDING SOURCE: DHHS
- ELIGIBILITY: Indian Tribes
- $ AVAILABLE: $2,529,000
- GRANTS AVAILABLE: 25
- MAX GRANT SIZE: $100,000
- DEADLINE: 8/1/08
- CONTACT INFORMATION:
http://edocket.access.gpo.gov/2008/E8-6429.htm
- DESCRIPTION: Grants to assist Federally-
recognized Tribes and Tribally-sanctioned Tribal
organizations in assuming all or part of existing IHS
programs, services, functions, and activities.
- Improve International Understanding and
Relationships of Students!
- Congressionally Mandated - One-time Grants
Program - Competitions A and B
- POSTED: 3/28/2008
- FUNDING SOURCE: Dept. of State
- ELIGIBILITY: Nonprofits and LEAs
- $ AVAILABLE: $10,000,000
- GRANTS AVAILABLE: 50
- MAX GRANT SIZE: $500,000
- DEADLINE: 4/24/08
- CONTACT INFORMATION:
http://www07.grants.gov/search/search.do?
mode=VIEW&oppId=41127
- DESCRIPTION: Grants that support international
exchanges in order to increase mutual understanding
and build relationships, through individuals and
organizations, between the people of the United
States and their counterparts in other countries.
- Improve the Care of American Indian
Elderly!
- Elder Care Initiative Long-Term Care Grant
Program
- POSTED: 3/31/2008
- FUNDING SOURCE: DHHS
- ELIGIBILITY: Indian Tribes
- $ AVAILABLE: $600,000
- GRANTS AVAILABLE: 10
- MAX GRANT SIZE: $75,000
- DEADLINE: 5/2/08 (LOI); 6/20/08 (final)
- CONTACT INFORMATION:
http://edocket.access.gpo.gov/2008/E8-6409.htm
- DESCRIPTION: Grants to support planning and
implementation of sustainable long-term care
services for American Indians and Alaska Native
elders.
- Improve Legal Services!
- Calendar Year 2009 Competitive Grant Funds
- POSTED: 4/4/2008
- FUNDING SOURCE: ACF
- ELIGIBILITY: Nonprofits, public agencies, and
attorneys
- $ AVAILABLE: N.A.
- GRANTS AVAILABLE: N.A.
- MAX GRANT SIZE: N.A.
- DEADLINE: 5/16/08 (LOI); 6/2/08 (final)
- CONTACT INFORMATION:
http://edocket.access.gpo.gov/2008/E8-7177.htm
- DESCRIPTION: Grants to provide effective,
efficient, and high quality civil legal services to eligible
clients.
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Greetings!
County Property Tax Rates
- Who is high?
- Who is lowest?
- Where
do you rank?
- What would it cost your business?
- What would it cost for your home?
Bob Springmeyer
Bonneville Research
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ECONOMIC NOTES: |
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- US Business Confidence
- A number of notable record lows were set in the
business confidence survey during the first week of
April, including U.S. business confidence, sales
strength, assessment of current conditions, and
sentiment in the financial services industry. There are
some positives in the survey, at least in a relative
sense, including more stable inventory investment,
confidence that the real estate industry has firmed,
and sturdy equipment investment; and while Asian
confidence has slipped it remains consistent with an
economy that is expanding near its potential.
- Import and Export Prices
- The U.S. import price index increased 2.8% in
March. A rise in both petroleum and nonpetroleum
prices fueled the advance in overall import prices. U.S.
export prices advanced 1.5% in March following a
1.1% rise in February.
- International Trade (FT900)
- The nominal U.S. trade deficit in goods and
services widened by a surprising 5.7% in February.
The U.S. trade deficit came in at $62.3 billion, $3.3
billion more than January's upwardly revised $59.0
billion, according to the Bureau of Economic Analysis.
In January, both exports and imports increased,
though imports increased more than exports. The
goods deficit with China, however, fell to $18.4
billion.
- Treasury Budget
- The unified deficit for March was $48 billion, just
above the CBO's preliminary estimate of a $47 billion
deficit. The federal government has run a deficit of
$311 billion through the first six months of fiscal 2008;
this is 20% larger than the deficit at the same point in
fiscal 2007. After a few years of improvement, the
federal budget deficit is again widening.
- Consumer Credit (G19)
- Consumer credit increased in February by $5.2
billion to $2.539 trillion. The details of the report
showed that the bulk of the increase came from
revolving credit, which increased by $4.7 billion over
the month. Demand for revolving credit will remain
strong as rising joblessness and falling house prices
force consumers to turn more to credit cards to
finance consumption. Non-revolving credit barely rose
in February, consistent with the recent weakening in
demand for big ticket items, namely autos.
- Agricultural Prices
- The California Manufacturing Survey continued its
descent in the first quarter, dropping to 50.5 from 53.8
in the fourth quarter of 2007, indicating that the state's
manufacturing activity if flatlining. The survey's decline
comes on the back of stalling new orders and slight
declines in production and employment.
- Wholesale Trade (MWTR)
- Wholesale inventories rose by 1.1% in February,
more than doubling consensus expectations of a
0.5% build, following an upwardly revised 1.3%
reading in January. Sales fell by 0.8% in February
compared with a downwardly revised 2.3% gain in
January. The inventory-to-sales ratio rose two-
hundredths of a point from an upwardly revised 1.10 to
1.12 in February.
- Job Openings and Labor Turnover
Survey
- The February release of the JOLTS report reveals
a steady but not sharp deterioration in labor market
opportunities. Job openings and hiring were
unchanged in February. The hiring rate remained at
3.4% for the fourth consecutive month. The job
openings rate remained at 2.7%, but the number of
advertised job openings has been falling steadily
since last summer. The number of people hired has
fallen since October. The separation rate increased to
3.3%, from 3.2% in January.
- Jobless Claims
- Initial jobless claims reversed all of the previous
week's increase and more, dropping 53,000 to
357,000. This reinforces the previous week's number
was driven by temporary factors and not indicative of a
severe rise in layoffs. Note: In case there is any
confusion, the Department of Labor had originally
released that initial claims were 407,000 and this has
since been corrected.
- MBA Mortgage Applications Survey
- The Mortgage Bankers Association composite
indices were up for the week ending April 4. The
market index increased by 5.4%, for once being led by
greater activity in the purchase index, which increased
by 8.1%. The refinancing index was up by 3.4%.
Contract rates barely moved-apparently, applicants
do not expect them to change substantially at least
until the next turn in monetary policy.
- Quarterly Household Credit Report
- Household credit quality continued to erode in the
first quarter of 2008. Delinquency and default rates
rose substantially for first and second mortgages and
auto loans. Taking all household liabilities together,
delinquency and default rates are now much higher
than they were during the 2001 recession. Although it
weakened substantially in the quarter, balance growth
remains strong.
- Pending Home Sales
- The pending home sales index fell 1.9% in
February to 84.6 from January's upwardly revised
number. The index is down 21.4% from a year ago.
This report suggests that conditions in the housing
market have not begun to improve yet, as last month's
more encouraging result may have implied.
- Chain Store Sales
- Chain store sales fell 0.5% in March, even worse
than already marked-down expectations. Sales were
hurt by the early Easter and unfavorable weather.
Hence, some of the weakness will be reversed in
April, although these data support the view that
consumer spending is very weak.
- Oil and Gas Inventories
- Crude oil inventories fell sharply by 3.2 million
barrels for the week ending April 4, according to the
Energy Information Administration, compared with
expectations of a 2.2 million barrel buildup. Gasoline
inventories fell by 3.4 million barrels, below
expectations of a 2.5 million barrel decline. Distillate
supplies fell by an outsized 3.7 million barrels, below
the expected 1.4 million barrel decline. Refinery
operating capacity rose to 83.0%. This report is very
bullish and could push crude to new all-time
highs.
- Weekly Natural Gas Storage Report
- Underground storage of natural gas fell by 14
billion cubic feet during the week ending April 4,
slightly more than consensus expectations of a 13 bcf
drawdown. Total underground storage was 1,234 bcf
as of April 4, 351 bcf less than a year ago and 23 bcf
less than the five-year average for this time of
year.
Source: Economy.com 2008
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BONNEVILLE RESEARCH - Working with clients to deliver results that endure! |
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Successful client work requires a
superior team of
outstanding people working fluidly together.
Bonneville Research is the one firm with
the
experience and expertise to help
businesses,
governments and nonprofit organizations
solve their
toughest problems.
We work to help clients achieve enduring
results
and improve the communities in which we
live.
BONNEVILLE RESEARCH
Bonneville Research is a Utah-based
consulting
firm providing economic, financial, market
and policy
research to public and private sector clients
throughout the intermountain west.
Helping Clients Succeed
Our services include:
- Financial Analysis
- Business License Studies
- Impact Fee analysis
- Urban Renewal & Redevelopment
Analysis and Budgets
- Strategy and Policy Analysis
- Economic and Fiscal Impact Analysis
- Statistical and Survey Research
- Public Sector Mission
Effectiveness
Each of our studies is tailored to address
the
unique needs of our clients and their
communities.
If we can help, please call or email us at
- Bob
- 801-364-5300
- BobSpring@BonnevilleResearch.com
- Jon
- 801-746-5706
-
JonSpring@BonnevilleResearch.com
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