Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1903-08-06
ASSESSMENT and
EQUALIZATION DONE
State Executive Council Com
pletes Its Great Task
OF the Year.
ALL VALUES ADVANCED
Valuation of the States as Whole Is
i,nra,c.J q pe,. Can't ,nd That az
ALL VALUES ADVANCED
Valuation of the States as Whole Is
Increased Per Cont. and That of
the Railroads 10 Per Cent
The Figures.

State levy 1902, 3.5 mills. 1903 8 mills.
Railway assessment. Sol ,cp.,yJ Soo,ooi,o5.
Total taxable value of
all property ......... .o,2, 35l G3,, $50 369
Increase IN railroad
assessment ......... 5,2e29. $40
Increase III taxable
value all propetty-.. 6o,l4i,siS
Des Moines, Aug. with an increase
crease OF over 81. 600 In tho railway
assessment and ali increase. III thu tax
a Die va,ue vi all property In thu state
OF more than $50. $50. $50, the executive
council competed its work on assess
ments The state levy was fixed at 3
mills, or n mill b.es than IL was made Z
year ago. The council cQuali0ed tho
vaiues on firm LANDS ae returned by
the countless raising some of the coun-
ties and lowering others, and placing
the adjusted actual value of ali farm
lands in Iowa at sl..57.54s, 49, on but
$2,024.I05 higher than the actual value
of the same property as reported by the
auditors.
The following summary OF the as
sessne:lt results was given out by
Governor Cusnmins at the desire of the
executive council:
The aggregate actual value of oil the
real property of the state as reported
by the Assse tssors, less exemptions, is
81. So. 504 oil.
The council made no attempt to
equaiiao or change tho reported value
of town lots but did cnualize, as be-
tween counties, farm lands.
l. acceI.cti Substantially the report OF
the assesaoss IS Icing the best evil
dence of TIE actual value OF the real
l.operty in the sta;e
Eearly Two Billions.
The eq,:al.1ca Waite is liked by the
council at al,aC6. esq, 264
The noltl.sl yalue OF the personal
property oi the state. as reported by
the ass -sols is S4iS,SG5, 614. This
amount was not changed.
Alsar all ds,lctions are made by way
of exemptions, the assessed value of
both real and personal property. not as
sessed by the executive council, is
S57S. G41 GA.
The actual value of the railway
property of the state as fixed by the
council is s2a6.l49,1ss.
The assessed value, as fixed by the
council is 500, 537. 297
The aggregate actual value of the
telegraph. telephone, express, sleeping
car equipment, and interurban rail-
way property, as fixed by the council,
is $l1 .226, l22. The assessed value, ST.
So6, $50
The total assessed value of the tax
able property in the state Is $685., $780,
800
AS compared with last year. the ac-
tual value of tile railroad property is
Increased $20,sl7 ,3sS. The assessed
value is increased s5,229.347 This in
cludes the increased mileage
The present assessment of farm lands
and town lots is Is per cent above the
assessment of 1901.
The present assessment Of farm lands
alone is 17.2 per cent. above the as
sessment of 1901.
The present assessment of railroad
property is 20 per cent above the as
sessment of 1901 and 1911 per cent
above the assessment of 1902
In making the above comparisons the
improvements added to real property.
and the extensions OF railroads, are in
Guided.
No comparison between the assess
ment of real property In 1902 and 1903
is made, because letll property was
not assessed in 1902, except to add new
buildings.
The principal increases In the rail-
road assessment fell on the Milwaukee
and the Northwestern systems To-
gether, these systems Will have to bear
nearly a half OF the Increase. The In
crease on the Milwaukee, was 81, $50
S64. That on the Northwestern was
81 100 COZ
Assessrror,t by Syetesne.
The following table shows the as-
sesstnents by systems this year. end
also the assessments for 1902.
Aggregate ASSESS
Name OF Road, --lneutS i'm Iowa