Salt Lake Telegram | 1933-05-26 | Page 7 | Utah Valuation is 527 Million

UTAH VALUATION IS MILLION I Utah's assessed valuation for 1933 was estimated at by the state tax commission Friday with the filing of the report of the assessor for Cache county last of the 29 counties to forward valuation figures The 1933 total Including property I valued for tax purposes by all county assessors and valuations of mines mines and other pr- pr properties p ma made e eby by jy the commission is a decrease ase of or 84 per cent fr from m the assessed valuation of 1932 which was The estimate subject to change atter af af- ter er equalization work by county commissions commissions com missions and the tax commission in indicates in that the 1933 levy for all st state te purposes including schools will wilI be nearly 10 mills against the l levy vy of or mills of last year The levy recently was estimated Unofficially unofficially un Un- officially at 98 mills for 1933 1033 but since this was based on on the reports reports' of only 21 counties indicating that the final figure would be about the levy likely will be slightly tinder under un tin- der 9 98 8 it was pointed out Valuations reported by all county assessors for 1933 total a decrease of from the in county valuations of 1932 The state commissions commission's 1933 assessment assessment assess assess- ment of mines utilities and other properties is subject t to revision after hearings on some of these hese a assessments that may be pro pro- tested ested The 1932 commission assessment assess assess- ment was making the decrease de do crease in iii 1933 total This decrease added to that indicated indi in assessors' assessors reports bring the total decrease of the 1933 estimated valuation to The tax commission on June 1 will begin a series of meetings with county commissions sitting silting as county boards of equalization will have the benefit of the tax commissioners being present present present pres pres- ent and together the groups can work ork workout workout out common problems After the counties ha e held their own equalization sessions sessions se secondary valuation reports will be sent to the tax ax commission and the latter group then Jien will begin the work of equalizing ing assessments between counties Infixing in fixing the final assessed valuation of 01 the state The first meeting will be held on Thursday June 1 I with the Utah county county coun- coun ty y commission at 10 a. a m In at Provo Prove and the Juab county commission at 3 p p. mat m m. at Nephi The itinerary as f far r as it is drawn up at present calls for dally meetings until June 6 in m southern counties of the state M Meetings tings in northern counties will be scheduled later Cache county In reporting its valuation val vat Friday gave its 1933 valuation tion ion of real property improvements livestock and personal property as against