Date of Award:
5-1977
Document Type:
Thesis
Degree Name:
Master of Science (MS)
Department:
Economics and Finance
Department name when degree awarded
Economics
Committee Chair(s)
W. Chris Lewis
Committee
W. Chris Lewis
Committee
John E. Keith
Committee
A. Berry Crawford
Abstract
The capitalization effect of property tax differentials for the four market quarters in 1976 was studied in the Logan, Utah market area. A secondary aspect of the study was to assess the variations in the assessed to market value ratio.
107 observed sales were used for the data set. Age of structure, square feet in structure, quality of neighborhood, and property tax were noted for each property sold.
From the regression analysis it was found that there was a significant capitalization of the tax differentials. The results indicate that a one-percent change in the property tax will result in a 0.4 percent change in property value. Also observed was the assessed to market value ratio. Results indicate that the actual ratio is about 12.5 percent not 20 percent, as is required by state law. The range in the ratio was from about 4 percent to 20 percent.
Checksum
15f25fc67bd180273eb84607f2c10044
Recommended Citation
McNutt, Paul Johnston, "Capitalization Effects of Property Tax Differentials" (1977). All Graduate Theses and Dissertations, Spring 1920 to Summer 2023. 4571.
https://digitalcommons.usu.edu/etd/4571
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