The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1879-11-26
COUNTY AUDITORS ASSOCIATION.
Tenth Annual Meeting at the Gibson
House.

The first business before the Association
this morning was the reading Of the report
OF the Committee on the appraisement OF
real estate, which was adopted as follows:
That the statute prescribes the true basis
for valuation, viz: the true value IN
money.
That the Auditors in counties forcibly
impress the Land Appraisers with the ma
ture of their oath, and caution them by a
proper discharge of their duties in return
ing true valuation to avoid the violation
of his oath of Office.
That in the valuation of property asses
sors should be governed by the following
rules: - -Ts
First-The location and productiveness
Second-The rental and net income.
Thiu-The actual selling price for cash
OF similar property in the immediate Vi
cinity.
Fourth-The valuation of buildings is to
be determined not by their actual cost, but
by the real value in cash which the struc-
lures add to the land or ground on which
theystand. t+, Il "a
Fifth-All machinery laid in masonry
it can not be removed without detriment
to the buildings should be assessed as re-
atty; all other machinery should be as
sessed as personally. F5
Sixth-All lands or town lots and build
ings or structures belonging in fee simple
to or leased by railroads or other corpora
tions, aside from that which is properly
personally, should be assessed aud returned
as realty and taxed where located.
Seyenth-There is no warrant in law for
any reduction by a percentage of the ac
tual cash value of realty, and assessors have
no right whatever to violate the letter and
spirit of the law in this or any other re.
spect.
Your Committee feel 1t proper to say
that it is not in the interest of taxpayers
to have deprecated valuation of property,
for the reason that the rate of taxation is
| thereby necessarily increased.
In closing this report your committee
suggest that this Association through Their
Executive Committee recommend the
| Legislature to pass such laws as will pro
duce uniform rule for the valuation OF
| real property throughout the whole State.
The report of the Committee on Tax Ger
| tificates was read but it was decided to
| have the report omitted as it was not sub
ject for its consideration.
| The report of the Board of Equalization
was adopted as follows: ....
Your committee are of the opinion that
the City Board of Equalization should
have authority to employ clerks and
messengers, hire conveyances for inspection
of Improvements and also be yes ed with
power to administer both in matters per
tanning to the assessment and equalization
of real and personal property.
Resolved, That all annual Boards o.
Equalization should be appointed for one
two and three years, two to be appointed
each year, giving them the benefit of pre-
vious experience" E
The Committee on Personal Propert,
asked to have until December 10th to com
plete their report. when a meeting of tn,
Auditors interested in the taxation o
mines and mining lands will be held a
Steubenville i'
| Upon motion it was decided to hold tn,
next annual meeting at Cleveland at sucl
time as the Executive Committee may de
eide upon.