Show I I Some Property evaluation Re-evaluation I The only increase in taxes on I I pal real property for the year 1968 i according to Ray Dahl Davis County Assessor will be in inCases 1 cases where there exists inequitable inequitable in- in equitable assessment of prop- prop erty Mr Dahl is presently reevaluating reevaluating re- re evaluating real property based upon location and use in an effort effort ef- ef fort to the valuation on land in Davis County D DAVIS DViS ViS COUNTY according i to Mr Dahl has been pro- pro J I cress working towards thi this goal for the past four years in the case of buildings and residences residences residences resi resi- dences within the county Valuation tion upon buildings is presently 1968 up to 19 of fair market value However since much of Davis County's land is farm land with witha a long standing valuation rate of 10 or less the county assessor is holding in abeyance any substantial substantial substantial sub sub- increase of valuation thereon until the results of the upcoming election Citizens will willbe willbe willbe be permitted to vote on whether or not to value real property based upon use I IN THE EVENT the amendment amendment amend amend- I ment is passed all farm land will be valued on the basis of use according to interpreters of the amendment which means that land obviously held for speculation can be rated differently differently differently dif dif- from land which is currently currently currently cur cur- being used for agricultural agricultural agricultural tural purposes In effect the passing of the amendment would insure the most equitable evaluation evaluation evaluation eval eval- of farm land for farmers In the event the amendment is I j not passed farmers will face the reality of progressive Increases in increases increases In- In I creases in valuation which is i r designed to eventually bring their property up to 20 of the fair market value IN MAKING tAKING a statement about the valuation on farm land which owners can expect for 1968 Mr Dahl offered the as assurance assurance as- as that The fhe only in increase increase increase in- in crease in 1968 will be property for speculation lk ik |