Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1905-01-17

Eth I Ak 4 I
EASY METHOD FoR coMPJ
1905 TAXES PREPAREp
TREASURER 3. |. DANA
axe for 1905 Are NoWsDue al Tres
urer's Office In Court House -SHS
come Delinquent March, PehaityS
After April.
Seventy-eight mills on the dollar
S what the owner of property inside
he water and light limits of Ottumwa
will have to pay for the privilege of
ownership in this year of 1905. While
his rate is apparently high it is never
.heless eighteen mills on the dol
ar lower than the rate paid in 1904.
Seventy-eight mills on the dollar
a high rate but when the method
10 vogue in the state Of Iowa of as
sessing property at %one-fourth it's act,
hal valuation Is taken into co%nsidera-
ion It will readily be seen that seventy
hight mills or the dollar is equiva-
lent really to a rate of but 1875 mills
apon the actual valuation of the prop
erty.
How Tax Is Divided.
Ten mills Of the seventy-eight are
ehargeable to the water and light sys-
TENS, five being for the water andg
i've for the light. Property outside the
water district will escape the five mill
assessment and If also outside the
light district will escape another five
mills. The sixty-eight mills remaining
Is the total or consolidated amounts
Of the city, township, county and state
taxes.
fz.sE.zHa SasSN SStlPAkatIOUs ..HFnI
For convenience in computing the
lakes u upon any amount. of property
Treasurer r. p. Dana has prepared
for his own use a table by means of
which the amount due upon any piece
Of property in the city can be com
puted quickly and accurately. The
liable which is reproduced in this ar
hcle shows the amounts due n as
sessable valuation from 81 to S 1000.
How to Use Table.
The 8 of the table is simple. Sup
pose the actual value Of the property
assessed to be $4,000. Divide this
amount by four and it will be found
that the amount upon which the rate
Of IS mills will have to be paid Is
1925. Turning to the table and fol-
lowing down the first column under
the heading value till 625 Is
reached, then following across the line,
will be found the amount of taxes due
according to the location of the prop
erty.
If the property is within the city
limits but outside the water and light
district 1t will be subjected to the rate
OF sixty-eight mills and the amount due
will be found in the second column Of
figures under the heading "consol."
This amount will be $42.50. If the
property Is within the water district
the amount TO be added to the consol-
fdated tax will be found in the third
column and is $3.13. If the property
Is also in the light district the fourth
column will show that another $3.13
must be added. In this case, however,
1t will only be necessary to take the
figures given in the fifth column repre-
senting the total tax at the rate Of
se~venty-eight mills Upon 1925. The
amount to be paid in this cas- would
be s4s.76.
For Larger Amounts.
For amounts larger than $1,000 it
will be necessary to take the. totals
of two or more convenient mounts
which will make up the proper total
and add them together. For Instance
$3.50 can be computed quickly by TAX
ing the taxes for $1,000 and for $3.50
and adding them together.
When Taxes Are Due.
Taxes for 1905 are due now and have
been due since January /. II not paid
before March 1 the taxes become delin-
quent. II not paid before April / a
penalty Of one per cent per month is
added to the total. If, however, one
half Of the tax is paid before April 1
the balance may be allowed to run till
October / before the penalty is at
tached. The land sale for property
upon which taxes are not paid is held
On the first Monday in December.
The Table.
The table is as follows:
) a =