Because property taxes negatively affected so many Utah residents in 2007, lawmakers and the public are considering several different approaches. Among them:

• A property's market value should be calculated on a rolling five-year average.

• The 45 percent exemption for residential property should apply to more than one acre if constrained by zoning.

• Property-tax increases above the inflation rate should go to a vote of the people.

• School districts could get funding from sales tax revenue rather than property taxes.

• A simpler rate is needed to tax homes and land.

• Qualifying residents over 65 could have property taxes deferred.

• Circuit-breaker qualifications should be broadened.

• Taxable value should be calculated on the acquisition value of a property

• Assessors should assess their entire county every year.

• School districts shouldn't have to re-qualify so often for leeways to get state funding.

• Accurate, well-funded appraisal systems are needed. The state could initiate a statewide appraisal system and/or require disclosure of all property transactions and sales prices.

• Truth-in-taxation requirements should continue.

• Cost-of-living adjustments should be the basis for increasing home values.

• The Utah Tax Commission should be given more oversight.

• Tax deferrals may not be a good idea for senior citizens.

• Elections for property tax increases should require a double majority to pass.

The 2008 general session of the Legislature begins Jan. 21.