Salt Lake Telegram | 1937-05-01 | Page 9 | Rise Expected in Evaluations of Utah Mines

RISE EXPECTED 111 EVALUATIONS -0HTAH1IIIES Tax Assessors Busy as Final' Date Approaches - Reflecting higher miking prod as I tion, k substantial Imtmm ta tto I I valuettoa ef Utah mines was eapeetan1 Saturday aj tto ataU ua eammiaetoa peaked toward eosa-pletloa eosa-pletloa utamnl ef ml sad utilities U fat under tto dadlia Manday. A result af thii lacr. higher Hiiail valuation tor tto auto a whole iu seen anles aounty masmaiirts skew eonalderahl de-irim, de-irim, aa eventuality aot x ported la view af tto f aaaraJ tmtamf ra- tfy' " iTaluaUaa Olwa Tto taa Mmmlnloni aluatlaa af mliM and atllltlaa laat yaar tatalad IIM OOOOno, wklca, kfur aualiaa-Uoa aualiaa-Uoa toarlaga, gav tha ataU a total aiMMil valuaUoa al ia3k.000.OIM. Conflicting lorcaa. bawarar, war at work ragafdlng kacaaalljr af ra-laaytng ra-laaytng a arooart taa thu jwar for tha general fund, a Jsry that Wka ail ml aated last year. la kls todget ataaaag ta tto ' legtslaiar. Uovrnor Henry H Blood said that, anleaa aaw aoorca of revenue war found, a property levy for tto general fund aeemed Inevitable. la aalletpaUoa af the homestead exemption, which the governor vetoed, Uie legislature mad some prevuOo for new revenues, rev-enues, aotably tha us aa bank deposit de-posit and Increase la markups aa liquor stocks. Factor ClUd Another factor that might affect tha Ua picture was appropratloa from tile motor vehicle fund of 100.000 annually to cities and soun-Uaa soun-Uaa for street and secondary road I work, which might Influence the i amount of local Usaa ta to levied. I Mines snd utilities will to as-1 as-1 sensed this year three times the previous year's production, plus th valuation of physical properties Nest year, however, a new method of mult become effective, tto saata being twloe tha net kraeaed and 1 par cant af the gross prod- tion, plus the assessment tt physical physi-cal property.