Show LL t COUNTY TAX CUT FORESEEN r II II Property Value Gains 15 Million On 1935 Figure I Total Assessment fo for foi Area ISi Is Reported Boost in City District District Dis Dis- Is Is 1108 I By AL FERGUSON A golden sun shone Saturday o on Salt Lake ake county's ta tax horizon In its brilliance was reflected a increase in assessed valuations giving hope to thousands of property owners of probable tax decreases this year The valuation report of ot Assessor A. A J. J Skidmore com completed com by Hyman Guss supervisor of tax rolls rolls' set value of property appraised by the assessor a at an increase increase in in- crease of over the corresponding 1935 figure A tentative valuation figure of ot Salt Lake county property appraised by the state tax commission was reported as which is b ai an increase of compared t to last years year's ears figure Larger Valuation Thus the total assessed v valuation of taxable property in Salt Lake Lake- county this year is compared compared com com- corn com pared to in 1935 Salt Lake take City taxing district hows shows a gain of 1108 in as assessed assessed IUS' IUS as v valuation for 1936 compared to 1935 according to Mr Skidmore's report Figures on the four main classifications classi of property assessed by county officials shows the following comparisons With 1935 figures 1036 1936 Value Amt Gala Gain Am t. t Lou R. R E. E S Imp f P. P P. P 12 I Livestock 31 1135 A breakdown of figures shown under the main classifications compared com com- compared corn com pared with torr corresponding ding for 1935 shows hows 1936 Value 1935 City Iota lota Irrigated land ladi Imp city Iota loti Imps Imp on Merchandise Household turn Machinery tool aLosa aLou number of automobiles In 1936 Is which Is t. 1691 more mors than assessed ed In 1035 1935 according to th report More Automobiles Bulk of the increase in personal property values this year Mr Skidmore Skidmore Skid Skid- more moro said is accounted for by the Increase in the number of automobiles automobiles automo automO- biles bites also by the fact that th t cars are newer models and of greater tax value Federal housing aid was credited as the cause of increased values of improvements on real estate while the million dollar loss on real estate itself was accounted for by the fact that c considerable relief relie has been given dr drouth uth stricken farmers whose land has depreciated greatly greats in value during tho the past year As shown by tables the major majo portion of or the increase in 1936 valuations valuations of the county is accounted for by the boost in prop property erty of mines and utilities located in it inthe inthe the county This assessment wa was made by the tax commission V Valuation Segregated Segregation of oC the valuation figures figures fig ures by taxing districts district within th the thet county as applied only to prope property appraised by the assessor shows 1936 1935 Salt Bait Laki Lak cn City unite Granite MurrAY I Jordan o. o tw Bingham i Sandy Bandy vv Midvale 3 t 40 aLosi Here again Is reflected a drop Incurrent in incurrent incurrent current values caused by r relief given drouth drouth stricken stricken farmers Inthe in inthe the t Jordan taxing district t outside incorporated Incorporate cities and towns The increase in Salt Lake City's district was reported due to o build build- ing construction and improvements improvements' in addition to a small degree value equalization work vork which still is Li un under under under un- un der way it was reported The gross gain in valuation for the tho entire county on property appraised by Mr Skidmore's rc's office is 1237 The gross loss in valuation Is making the net gain for the entire county on this type ype of property |