The Republican journal., 1905-01-12
NAME IS pRospER1Nc.
Figures of the state Assessors Provo

Firures of the state Assessors Provo 1t.
The 14th annual report of the State As
SCISSORS was made public last week. We
quote from it as follows:
The local valuation of the cities, towns
and plantations for the year 1904, as certii
ed to this board by the assessors, amount to
1928, 696 ia. an increase of So, $50 over
similar valuation for 1903
This is not so great an increase as was
shown by similar returns OF 1903 as COM
pared with 1902 but when general business
1904 must be regarded, we believe, as
most excellent exhibit of the general pros
perity of the State.
The increase OF real estate valuations is
$500, 1l9, and of personal estate ST., los, 1O1.
Money at interest, and taxable securities
show gain of $77,318; National bank stock
and trust and banking company stock,
$222, 1922; logs and lumber, $315, 462; wood
and bark, $83, Alb; furniture, $3O,S51. Stock
in trade shows only slight increase over
1903.
Shipping shows a loss of So, 1876. Car
rlages are valued $23,632 less than in 1903;
but this loss is more than Offset by the taxa
ton of automobiles, which are taxed on a
valuation of $70665.
In the revision of the statutes in 1908, the
exemption of musical instruments to each
family owning such property was raised
1lUu @lOUU " %OOUU, anu ILLS luCTOaSOU cx-
emption has produced a loss Of $l17,867 in
the valuation of musical instruments as
compared with 1903
The valuation of live stock is returned at
$114, 136, O62, an increase of 1885,, 1858 above
1903.
The number of horses has increased $40;
colts, 1913; cows, $3.50; oxen, sol; young
cattle, 1896 swine, 2909
Sheep alone show a decrease in numbers
of 1889.
Railroad property subject to municipal
taxation has increased $243, $50, and street
railroad property $53,330.
The public property of municipalities,
not including school buildings is valued
$717,O65 more than in 1908, and property ex-
empted from taxation is valued at 81, OS1, 4S3.
decrease from 1903 Of $239987.
The combined municipal indebtedness of
the State amounts to $8,037, 048. A decrease
from 1903 of $218,9S4.
Ninety-nine of the municipalities report
an increase of their debt; one hundred and
fifty-five decrease in their debt; forty-One
the same indebtedness, and one hundred
and Seventy-fOur are free from debt.
The combined municipal indebtedness is
equal to $26 90 on each $1,000 of the total
valuation. The Indebtedness of the twenty
cities is considerably above the average of
the whole State. being equal to $4262 on
each $1,000 valuation. The number of polls
taxed is l9O,675, and the number exempted
1Ioul tdAdtloH Il,oIA. coWUineu gam OIL
2O6i, showing that the population of the
State is steadily increasing. The average
amount assessed upon each poll is S2.68.
Two hundred and tWenty-eight of the
municipalities have a higher tax rate than
in 1908, one hundred and seventy-seven a
lower rate, and SiXty-four report the same
rate as in 1908.
The average rate of taxation is some
what higher than in 1908, being $2O.57 on
each $1,000 valuation. The average rate of
taxation in the twenty cities of the State is
$21 AZ on each $1,000 valuation.
The total amount of taxes assessed by
the municipalities for 1904 is $7,172,15
which is $254,294 more than was assessed in
1903. Approximately one-third of this in
crease is accounted for in the apprOpria-
tons for schools, which are $S3, IA greater
than in 1903, the total amount being 1929
313.
The decrease in the taxes upon savings
banks, one-half of which are added to the
mill tax and appOrtioned by the State to
the municipalities for the support of
| schools, has made it necessary that a
greater amount be raised by taxation for
the maintenance of schools.
The amount appropriated for maintenance
of highways and bridges for 1904 is 1885,
1874, which is somewhat more than was
raised in 1903
STATE VALUATION.
Acting as board of equalization we here
with report the seventh biennial valuation
! of the State as made by this board, as fol
lows: Cities, towns and plantations, $685.
643,05O; wild lands, 1928, 9SO,612; growth on
public lots. $890,352; total, $685., 514,O14.
This valuation represents an increase of
$l4, 1856, III above the State valuation of 1902.
The increase in estates is $1O,694, 929; wild
lands, $780, 82; growth on public lots,
$3.50
We regard this as a conservative valua-
ton of the taxable property of the State.
AS is we'll known the greater portion of the
property of railroads, telephone and tele-
graph companies and the deposits in saw
! ings banks and in trust and banking COM
panies is not included in the State valuation
as these companies are taxed directly by
the State and are not subject to local tax
alton on this property and it does not APP
pear on the tax rolls of cities and towns.
There is considerable difficulty in securing
accurate and definite Information regarding
the value of many of the unincorporated
townships of the State, but from the best
obtainabe information we are satisfied that
the wild lands are as fully valued as prop
erty in cities and towns
The total amount of corporation taxes as
sesSed by this board for the present year
shows a small decrease from the amount as
sessed in 1903, the decrease in the taxes on
savings banks more than offsetting the in
Al.