Salt Lake Telegram | 1922-06-07 | Page 2 | Queer Facts in Taxation Rolls

OER FACTS IN -TAXATIONRQLLS Salt Lake Assessments Show Shift to Improvements "An analysla ot th asssiT.nt of property In th vara1 counties and cltle In th stata has bn mad from th returns submitted th stats board of equalisation and aaseaaiuent and thla analysla reveals aome qutr thins!." said William Bailey, president presi-dent of th board, today. "In Bait Iak county In 1921 th returna showed 92,960 acres nf Improved Im-proved landa, continued Mr. Bailey, "on which ther waa a value of f 1 1. -82ft, 55. an avera: nf f 117.94 per acre. In 1922 th acreajr la clven at 82.847 aort with a vahia of r $111 per acre, a decrease of t-26 per r re as compared with th valu In 1921. "While Improved farm lands aggregated aggre-gated 36.417 acres In 1921, with a valuation val-uation of $721,140, this acreage dropped In 1922 to 14.126 acres, with a value of $.154,615. The avera of this land In 1921 was $19.79 per acre and la 1922 It Is given a value of $25.10 per acr. "The difference between th acreage In 1921 and 1922 on this class or property prop-erty haa found Ita way Into the waste landa column, the acreage of which la given in 1921 or 711 acres, while In 192 this Is Increased to 107.6M acre, so that th changes are very considerable consider-able and brings about In the final result re-sult only lira-per cent decreas in th county. "The great Item In th acsmnt of real estat In Salt Iik rnumy la that of city lota, which tn 1921 were valued at $78.$7&,010 and In 1922 th value la given at $71.794,f.6r.. There la th larjrort Item In the nsaesment of real estato which la nflf('ted materially mate-rially In the average, tfttal decrease, ''Improvement In 8alt 1k county In 191 went valued at $7?.34I.45 and in 192$ the value 1 placed at $74.tM,-125. $74.tM,-125. This makes an increase on Improvements Im-provements In th county of $2,239,660. J or I per cant Increase, so that It would i seem that the burden haa been shifted I or taken from real eatat and placed j on Improvements. "The banks show a 16 per cent de- j crease, as doe merchandise, white money shows a decrease of 71 per cent. Honda, however, hav Incieaaed S3 per cent, while other personal property , ha decreased 4 per cant."