Show House P Payments y Up Heres Here's Why Many homeowners in Davis County may wonder why their monthly house payments willbe will willbe willbe be higher for 1969 when the mill tax levy remains the same or goes down Davis along with other counties counties counties coun coun- ties have been attempting at atthe atthe atthe the request of the state to establish establish establish es es- es- es a 20 percent assessment assessment assessment assess assess- ment rate on total property evaluation The five year program to raise the percent percent percent per per- cent of assessed evaluation began two years ago ACCORDING TO Ray Dahl county assessor properly property during during during dur dur- ing 1968 was assessed at approximately approximately approximately ap ap- ap- ap proximately percent of its total estimated value He expects the 1969 assessment of real property to be approximately approximately approximately ap ap- ap- ap proximately 19 percent Assessments on homes raised four to five percent in 1967 and 1968 but Mr Dahl sees a rise of only about two percent percent percent per per- cent for 1969 1964 DA DAVIS VIS COUNTY chose to increase the percent of assessed assessed assessed asses asses- sed evaluation at a higher rate during the first couple years but to taper off during the last of the five year per per- iod I The mill tax set by the city or county is levied on the assessed evaluation of both land and buildings each of which is assessed separate separate- ly A DROP IN A city tax levy doesn't necessarily mean reduced reduced reduced re re- re- re taxes for the property owner A rise in taxes will wm occur when an increase in inthe the assessed value of the property- property is greater than the decrease in the mill tax levy A change in the assessed evaluation may be due to a change in the real value of the property or a change in the percent assessed against the real value |