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Show KENTUCKY BUREAU IS BEGINNING TO SHOW Wins on Contention That Farm Lands Assessed Too High. The work of the Kentucky Farm Bureau Federation relative to the assessed as-sessed valuation of property in Kentucky Ken-tucky Is beginning to show results. The contention of the Kentucky Farm Bureau federation was that farm lands were assessed too high, and that town lots and mineral property was assessed too low. In October, 1921, the farm bureau showed that for that year farm lands were assessed at $741,000,000; town lots $412,000,000; quarries, gas, and oil wells, under one heading were assessed as-sessed at $170,000, whereas the humble hum-ble busy bees were assessed at ?207,-000. ?207,-000. A report just published by the Kentucky Ken-tucky State Tax commission showing the assessed valuation of property for 1022 gives farm lands at $718,000,000, a decrease of $23,000,000, town lots at $461,000,000, or an increase of $49,-000,000; $49,-000,000; quarries, gus and oil wells are assessed at $735,000, or an Increase of $305,000; bees at $152,000, a decrease of $55,000. These figures show that the Kentucky Ken-tucky Farm Bureuu federation Is getting get-ting results on its taxation program and that a readjustment has already been started to equalize assessed valuations. valu-ations. In addition to the Increase given on coal mines and equipment an Increase of approximately $KX),000,000 has been given mineral property this year, whereas the assessed valuation of farm property will probably show a further decrease. Geoffrey Morgan, secretary of the Kentucky Farm Bureau federation, says, "We will keep on with our investigational in-vestigational work until all property In Kentucky Is assessed at Its fair cash value as the law requires." |