BY TOM BUSSELBERG
Clipper Staff Writer
FARMINGTON - Letters will be going out within days to businesses whose property valuation is estimated at under $10,000.
The accompanying form can be completed within minutes rather than well over an hour, said Davis County Assessor Dennis Yarrington.
He pioneered creation of a new, simpler form more than a year ago, cutting down the time businesses with small property valuations must spend on paperwork.
It's an attempt to save both money and time for the business owner and the county in terms of taxpayer money spent on personnel costs, Yarrington said.
"If you have acquired no new property during the past year that would throw you over the $10,000 limit, you will be exempt from personal property's payment of the tax as soon as we receive this signed, dated letter exemption application," he wrote in the letter.
Letters must be returned by Feb. 7.
Utah Code allows for an exemption from property tax based on such value maximums.
Before Yarrington introduced the form, businesses had to figure out what had been sold of personal property, it had to be recorded, along with what had been purchased during that year.
Tax tables had to be consulted to determine percentages and totals. As a private assessor for years, Yarrington said it would take him from one hour to 90 minutes to complete that form. Often he was exempt, he said.
"We only got about 60 percent of them back (short form) when we did it before," the assessor said.
Those not filling out the short form must complete the longer one, take more time, he said.
"This is a way for them to take care of it up front, to take it out of their hair and our hair," Yarrington said.
It's estimated there are between 6,000 and 8,000 businesses that could be eligible for using the form.