| Show VALUE SHOWS HOWS CLIMB pp OF 8 MILLIONS i Assessor Reports Taxing faxing Taxing Total it Of f m Reflecting fleeting growth of Salt Salte e county count in the past year aSsessed valuation of tax- tax with the a U of mines and utilities j s set et at an inease inease inease in- in ease of over last as ars figure his report to the county com com- sS n County Assessor A. A J. J noted the increase in I 1 largest increase in six I IrS rS iii shows the effects of a program and reflects t teal aI growth of the county I The he county is s going places paces added The evaluation e figure does not notI l I lude de federal government devel- devel r ments such as the Utah ord- ord nce c plant which are not taxed the county nor mines and valuation of w which ic is set by bye e estate state tax commission port rt Anal Analysis sis Broken ken down the report placed l lue e of rea real estate throughout et county at a loss as compared with the theU U figure real estate improve- improve its ts at an increase and of personal perty at an inse inase inase in- in ase se o of ot The decrease in real estate value 1 a result of a revaluation re of tain parcels of land in the busis busi busi- s strict in Salt Lake City din that other pieces of land lick formerly were taxable now now L t the e h hands of the federal and thus have been moved ed from tax rolls Mr Skid- Skid ire jre- said The increase in improvements eal al estate is explained by a ar arR r rR rebuilding building program and als also rough gh transfer of jurisdiction om the state tax commission tot to t county ass assessor of land valued f Approximately Mr said ies Increase Value lue of or merchandise supplies fixtures increased 3 M oo O to a a. total of report said i The 1912 1942 figure for motor veIs vedes yei ve- ve i des Is U set at an Inease inease inease in- in ease of as compared I iJ ith last year Value of household iture increased this ir for a total otal of AA 1 increase in population in it is believed to be pary par- par allY y responsible for the increases valuation i-valuation of furniture and auto- auto The iTlie report set value of property IJ hool districts and separate axing units uni ts as follows alt i Lake City an grease crease rs of Murray 3 10 an increase of with Salt Lake a gain 1 Granite j J m gain of Jordan 3 La a loss of Midvale la c Continued on Page Six Column One County Valuation Lists 8 Millions Increase 4 Continued from PU Pae One an Increase of 60 3 Sandy a gain of Bingham a loss of ot 47 and West Vest Jordan There was no comparable figure for West Vest Jordan last year because Le it was not incorporated and not a separate taxing unit The loss shown in the Jordan district Mr Skidmore pointed out actually is not a loss for the property property property prop prop- erty Is shown n In the new West Jordan Jordan Jor Jor- Jordan dan district The fact Is he said that there is a gain of ot 7 4 in assessed assessed as as- I valuation for the Jordan school district I The loss in Bingham resulted from transfer of several parcels of ot land formerly assessed by th the county to the state tax commis commis- sion The evaluation which may be revised at equalization hearings to 4 be held by county commissioners will be the basis for fixing 1942 tax levies The levies will be set the second Monday in August When county commissioners drew up the 1942 budget they based it on an estimated increase In valuation of ot from to The county assessors assessor's report shows an increase of ot only but the tax commission report report re re- port on valuation of mines and utilities Is expected to be well vell above the figure for last year It was pointed out that the tax commission commission bases bases its value of mining mining min mm- ing property on output of mines and that in the past year mines in Salt Lake county increased their output by a large amount A copy of ot Mr Skidmore's report was filed with the state tax commission commission com corn mission by Robert M M. M Penrose supervisor of tax rolls |
