Show Property Tax For Each Special to the Clipper i From the standpoint of property property property prop prop- erty taxes how are residents of Davis County making out these days WHAT CHANGES h have havee lve e taken place lately in property valuations in the local area I With people all over the I f country aroused over their t steadily mounting real estate r is taxes a look at the local assessment assessment as as- situation is in order SUCH A look has just been t taken by the Census Bureau I as part of a nationwide survey t of state and local government operations which it makes every five years Its findings are released in the Census of Governments 1967 I They show that in iri Davis I County where the property I tax is the principal source of revenue for local government needs Weds the assessed value of Property subject to such tax c carne e to compared with win the total reported five years yeas before TIlE THE INCREASE amounted to J percent Elsewhere in the United States Slates the rise was percent It was percent per per- cent in the State of Utah 11 I The figures do j not include t i i property y belonging to churches church church- es nonprofit hospitals and A Public agencies that are geny gen gen- l y 1 y exempt from taxation BECAUSE property is usually usually all ally assessed for tax purposes at something ng less than its actual actual act act- ual value this is not to be betaken betaken betaken taken as the true market worth Rather it is the tax base base- against wl which ch local tax rates are applied The tax rates used in connection connection connection con con- with assessed value vary widely across the coun coun- try In some areas where property is assessed at only a small fraction of real value tax rates arc are often higher than in places where assessments assessments assessments assess assess- ments are closer to true value IN TERMS of population the tax base in Davis County was equivalent to in tax- tax table property per local resi resi- dent I Not only are property valuations valuations valuations I rising all over the country country coun coun- I tr but the tax j try rates applied I Ito to them are going up as well Local communities h have a v e been forced to take such action action ac ac- ac tion because of increased demands de de- de mands for service and because of the effects of inflation on their operating costs wl which ch have been rapidly spiraling skyward AS A RESULT of this trend the revenue from property taxes throughout the United States has increased by nearly I 10 percent during 1967 alone I |