Salt Lake Telegram | 1935-02-27 | Page 12 | Tax Exemption Costly Affair

TAX EXEMPTION COSTLY AFFAIR The assessed valuation of thai county would have froy to if homes valued up to o 2000 had bees been el ext exempt from taxation in Inv 1934 it is reveals in an analysis made for the Busine Bushe Men's Mens League of or Utah under the thi iw direction of ot D D. D K Moffat former former Salt Lake county treasurer The study was made as the result resl 1 of ot the passage by the state Ic u- u ture turc of ot a measure which if it rat ratified by b- the voters oters In 1936 will empower r the legislature to lo enact legislation providing for exemption of or home hornet uP un to 2000 J It was shown that homes the county are assessed at 2000 2005 e less for a il tot total l of or 19 per cent of oC the total county count value In addition to entire exemption for these homes home 1375 houses valued at atmore atmore more than 2000 would be partly e ex exempt ex- ex empt empi under the proposed legislation bringing the total tota exemption lo to 11 li T Taxes would be paid on 1 of oC agg assessed valuation The figures it was pointed out at af feet the county as ac a whole but d do not g give ve a true 1 picture ol ot what the result would be in the small mall towns town and in la many ol of th school districts where homes make up a large proportion of tb the Assess assessed d valuation There are 18 taxie taxing di dis in the county 14 of them being incorporated towns and arid cities dUes three bein being school d districts and the ei eighteenth being the county ils Itself ll J t