Ellsworth American., 1903-01-07
NAMES WEALTH.
VALUATION INCREASED NEARLY
SIXTEEN MILLIONS.
THIS is THE PLEASING RECORD OF
THE PAST TWO YBARs-REPoRT
OF STATE ASSESSORS.
[Rennebee Journal.l

lRennebec .Tournai.l
The annual report of the State board OF
assessors for the year 1902 has been pre-
sented to the governor and councilsnd VIII
soon be printed for public distribution.
Every two years The assessors make a new
valuation OF the State. In 1900 the total
yaIu" Of all the property in the State was
1886, 500 ,649.
IL was expected that the valuation for
the present year would show an increase
OF several million, but it was not antici-
paled that when all the figures were tabu-
lated such a splendid. increase would
be shown as is evident from a perusal OF
the assessors report. Yet such is the
fact. A gain of nearly $4,000 600 in the
valuation of the whole State is shown by
the figures incorporated in the complete
report.
1hs is a splendid showing and one
which the people of the State will be glad
to welcome. Through its means l5,52s.25
will be added to the mill tax for the bene-
tit of the public schools for each of the
two years to come.
The military fund for the support OF the
national guard twill be Increased from
s33, $50 96 to S35, ,222.ss, a.lgain Of s1,552.92.
In fact. the increased valuation will add
eatIy to the universal valuation every
where apparent.
The total valuation OF the State for the
year 1902 is s352, ,22s, ,S97. The total in
crease over the valuation OF two years ago
is SIS $50 ,24S. This increase is made up as
follows:
Total Increase Of real and personal
estate, sssso,22i
Total increase of wild lands and
public landz. f,sia0,l
Total amount, sl5,s2 .,2Is
In compliance with an order passed ty
the last legislature requiring the board to
carefully investigate the value OF the wild
lands in this State with a view OF bring
ing the State valuation OF the same to
just and full value, the assessors have de-
voted large portion OF the present year
to that work, and as a result OF their la
bors the value OF wild lands, including
public lots. has been increased to the ex-
tent OF s6,649,021, viz:
The valuation of the same In 1902 is s'6 2sG. 10
Tie valuation Of the same In 1900 was l9tSl. .7S5
s6,6ia.O!I
Bes ide this increase, the wild lands have
been reduced in Penobscot county by the
organization OF the town OF Milinocket
s50o, 900, ano in Aroostook county by Sher-
idan plantation, now Ashland, $50 S07
Tnis class OF property has advanced in
value rapidly during the past two or three
years, and the assessors believe these lands
are to- day worth the valuation they have
placed upon them.
BY comparing the returns of valuations
as made by assessors OF cities and towns
for the years 1900 and 1902, it will be seen
that nearly every item or class OF property
shows an increase.
The returns of local assessors for the
present year show an increase in the value
OF real estate for the two years of sll ,974,-
56s, OF personal estate 81 s1o, ,5e7, a total of
s13, $50, 1876.
The returns OF real estate no doubt
show approximately the actual increase in
value, but the returns of personal estate
do mt. Maine is not exempt from the
general condition prevailing in nearly
every state, WI ch is the apparent inabil-
ity OF assessors to reach all forms OF prop
erty.
The value OF live stock for the two yesrs
shows an increase of s737, 1858, money at
interest 81 SIS 43s, stock in trade s637 ,697,
trust companies stock s66 sos, shipping
S1l4,S7s, logs and lumber s364,s7l, wood
and bark S70,456, musical instruments
1884 i,021, carriages "a ,026, furniture s143 0iO.
real estate OF railroads S222 s15, of street
railroads s61, 600, property exempted from
taxation decrease OF S137,4 Bank
stock shows decrease of s472 IA, corpor-