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Show ASSESSORS AGREE ON PROPERTY VALUATION HIKE Utah state and county officials have approved a program of general gen-eral assessed valuation increases on almost all property in the state. This means, in effect, higher taxes in most counties. The new rate is set at 40 per cent of a "fair and reasonable cash value" on all taxable property proper-ty in the state. This figure was set by the 1947 state legislature. Only bone of contention is that of livestock. The commissioners and tax officials split over the increased in-creased -per head valuation of livestock, live-stock, with Sevier County Commissioner Com-missioner Lloyd Johnson acting as spokesman for those opposed to the increase. Utah County Assessor J. Austin Cope, Jr., spoke in favor of the increased valuation, pointing out that the price of cattle and other livestock had steadily increased since 1940 and maintained that cattle and sheep producers should shoulder their share of the tax load. |