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Show County Citizens Queue Up For Board ofl Equalization primarily to the Green Belt Amendment. The Green Belt amendment amend-ment was passed to keep farmers from being taxed off their land. It allows agricultural land to be taxed on the basis of agricultural "use value" rather than "market value". To qualify farmers must file an application, appli-cation, property must be five acres or more in size, and have produced at least $250 for each of the preceding five years. Actually, Utilities (R.R. and Power Company), bus- Friday, May 31 is Board of Equalization and many Beaver County Citizens, unhappy un-happy with revaluation will queue up at the Courthouse to ask the Commissioners for relief. When the state reassessed all Beaver County property last year, all property was assessed at 20 of fair market mar-ket value. According to County Treasurer Trea-surer Rondo Farrer, most of the properties which took a raise were older homes. Increased In-creased property values, remodeling re-modeling and other factors brought most older homes up from two to two and one -half times. Most new homes, businesses and commercial bldg., and utilies, were not raised, or very little, since they were already assessed at 20 of fair market value. It is estimated that revaluation reval-uation brought the total county assessment to approximately ap-proximately $12,000,000 with utilities possibly adding another four million. This is off from the original estimates esti-mates of $20-25,000,000 due inesses and those homes and property which have been paying the lions share of taxes, in the past, because they were assessed at fair market value will get a tax reduction. All taxing bodies, Cities, Schools and the County are bound by law to not permit an actual rise in revenue of over 6 on revaluation. Because of this, the mill levies must be reduced. Revaluation Re-valuation should be good for the whole county. Everybody Every-body should pay a fair share of taxes, no more, no less. To determine if you are paying a fair share, and if you should go to the Board of equalization next Friday, or on June 6 or 7 do this. Take your valuation notice. Determine the part of the valuation in question. Strip away the boats, trailers, etc. Then multiply that sum by five, and that is what the fair market value should be. For instance, if your valuation val-uation notice has $500 across from "residential." Multiply Multi-ply by 5 and you come up with $25,000. If you feel that is a fair market value for your home (what you would sell it for) then stay home. Don't go to the Board of Equalization. If you believe be-lieve that is more than its worth - then by all means go. If the figure is less than you think its worth -Go! They'll be glad to hear that also. |