Salt Lake Telegram | 1952-03-11 | Page 13 | Tax Officials to Restudy Cattle Values

Tax Tx Off f coals o e D Yo To Restudy study Catt e lyes UeS The he state slate tax lax commission Tuesday Tuesday Tues Tues- cIa day agreed to restudy its recommend recommendation mend at ion increasing 1952 valuations valuations lions on sheep and cattle for property tax purposes The agreement came durin during a protest meeting with livestock men in Gov J J. Bracken Lees Lee's office Patrick Healy Jr Tr commission chairman indicated after the meeting however howe that there was little chance the commission will change its position r on livestock values this year The legislature has instructed the commission to assess assess all aJl prop pro property erty at 40 of its reasonable fair I cash value and our figures show that even with the increase livestock livestock livestock live live- stock will be assessed this year at only approximately 20 70 of value Mr Healy said Spokesman for said the commission failed to take into account a possible drop in market price next summer and the high cost of production when lien it asked county assessors to up the value on cattle and she sheep p approximately 35 over 1951 I Gov Lee told the group that the best solution would be to toge toge ge gel the Legislature Legislature- to lower the mandatory perce percentage valuation on all aU types of property Representing stockmen were Don Clyde Heber Lieber City I Williams Provo and L. L B B. B JohnI Johnson Johnson John John- I son Randolph Rich County