The Salt Lake County Commission's attempt to roll back property appraisals in the Holladay-Cottonwood area has hit an expected roadblock.
As it threatened to do June 10, the State Tax Commission directed the county not to tamper with the appraisals, which it said reflect a "reasonable approximation" of market values.Holladay-Cottonwood experienced large valuation increases and the associated property tax hikes last year after being reappraised during a booming real estate market.
Acting as the Board of Equalization, county commissioners last week decided to ignore a Tax Commission warning and roll back the appraisals an average of 15 percent. They argued that flaws in the five-year reappraisal program along with the "luck of the draw" had caused an inequitable increase in Holladay-Cot-ton-wood.
County Assessor Robert Yates, meanwhile, has postponed the second five-year reappraisal cycle.