3375 Edison Way
Menlo Park, 94025
50 South Main
Fillmore UT 84631
435.864.3901 ext 5
Property taxes are one of the primary sources of funds for local governments, counties, school districts, cities, towns, and special agencies such as water and cemetery districts. The state and federal government do not receive any revenue from your property tax.
Property taxes are based upon the market value of your property. Market value reflects the worth of your property as of January 1 of each tax year. The County Assessor determines the market value and the taxable value of your property. These values are based on actual sales in each area throughout the county. Sales from outside Millard County are not used as a comparison.
The County Assessor is required by law to be a licensed or certified appraiser with the Department of Real Estate of Utah. The Assessor does not figure the tax amount to be paid, but the value he appraises is figured into the formula to set tax rates.
The legislature requires that county assessors annually update property values. Assessors are also required to complete a detailed review of property characteristics for each property at least once every 5 years. The Tax Commission may take corrective action if county assessment levels do not meet established standards.