Show SOAKING TUE THE TOWN in their anxiety to assist tiie the small property taxpayer our legislators have through the homestead exemption provided provide ct a plan p lan to over towns close schools and bring chaos to the state ol of hitau moab down in southeastern utah Is an incorporated town ol 01 about 1000 persons if the exemption ni plan becomes a law its total assessed valuation would be reduced to a drop of 81 percent there is only one home in moab or in grand county for that matter which is assessed for more mor e than 2000 it if the homestead exemption plan were adopted the total assessed valuation on homes inn in all of grand county would be last year moab town had a tax revenues of 1127 with which it maintained its streets policed its town maintained its cemetery built sidewalks and operated its ita city court with the homestead exemption in effect the towns revenue would be reduced to au aut moab has a bonded debt of 32 for sewer and waterworks water works improvements prove ments to which the federal government last summer added a tree free grant of how could moab with a assessed valuation pay off a bonded e d indebtedness of and maintain the town without confiscating its business institutions utilities till tili ties unimproved real estate and personal property remaining on the tax rolls and what is true of moab is true of coalville Coal Co alville vule and morgan and over other incorporated towns in utah |