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Salt Lake Telegram | 1932-07-19 | Page 11 | State Opens Hearings on Tax Slashes

Type issue
Date 1932-07-19
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s6pg30q3
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6pg30q3

Page Metadata

Article Title State Opens Hearings on Tax Slashes
Type article
Date 1932-07-19
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Page 11
OCR Text STATE OPENS S HEARINGS ON 5 TAX SLASHES ASHES Utah Board Takes Up Appeals Appeals Appeals Ap Ap- Ap- Ap peals for Reductions in S. S L L. County With the work of all public pub pub- lic lie utilities mines and railroads in the state nearing completion the Utah tax commission Tuesday opened hearings hear ings on appeals for for- reductions in the assessed valuation of nearly worth of Salt Lake property A dozen ap appeals eals were presented to George A. A Critchlow member of the commission who presided The appellants appel appel- lants ants seek reductions which were denied denied denied de de- de- de nied by the Salt Lake county commission commission com corn mission sitting as a board of equalization In each instance instance- the petitioner asserted as as- that the assessment fixed by county officials is excessive and reductions reductions reductions re re- re- re ranging from 10 to 25 per percent percent percent cent are sought The appeals cover coyer all classes of real property in various sections of the city ity including several downtown buildings which were assessed at a total otal of for taxation purposes t his is y year ar REDUCTION IS ASKED the Among Among the appeals was that for a 25 per per cent reduction n in the assessed valuation of the building which formerly formerly formerly for for- merly hous housed d the Walker Brothers Dry ry Goods company at Broadway and Main street It was assessed at but the appeal states that the prop property is not riot worth that figure and has las been posted for sale at Report on the total assessed valuation ion Hon of all aU Salt Lake county property has jas not yet been received from County Auditor C. C R. R Vigus by the stan Ion which also awaited similar reports reports re- re ports from the auditors of Utah Tooele Davis Carbon and Juab counties That the drop dop in assessed valuation of f all Utah property properly will exceed 50 this year when compared with the he 1931 total was considered likely by y the commission accountants after it t was determined that the decrease had already exceeded TEN PER CENT ORO DROP When the reports from Salt Lake and nd other overdue counties are tabulated tabu tabu- it was vas estimated the commis- commis commission commission sion ion will in the thc position o of fixing the state levy on a valuation at t least 10 per cent lower than that ot of f 1931 1031 Due to the shutdown of mines mines' it was expected that the commissions commission's valuation of that class of property a valuation based on annual revenue will wil also be much lower than last year Unless Unless further r slashes are made Inthe In Inthe the tie states state's proposed expenditures for forthe forthe the he remaining half of the year it was feared by those familiar with the situation an increase in the state lev levy can an be expected S
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6pg30q3/16149243