Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1907-09-10
BIG INCREASE IN
TAX ASSESSMENTS
Net Gain in Terri
tory About $3,-
100000.
TAX ROLLS NOT ALL IN
la Fifteen Counties Advance
is Shown of Over Two
Million Dollars.

That New Mexico is experiencing
substantial growth in population and
in other material ways is indicated
in an indisputabe manner by COM
parison of the tax assessments of the
territory of 1906 and 1907. Of fifteen
out of twenty-five counties Of New
Mexico which have sent their tax
rolls to the travelling auditors Office
Tor examination a net gain is shown
OF over two million dollars this year
over last year. Travelling Auditor
Charles V. Stafford is of the opinion
that the total net increase will be at
least three million dollars and pos
sibly more.
Grant County heads the list of the
counties already heard from with a
net gain over last year of $GO7, ,603.
This advance is represented mainly in
the increased valuation of city and
town lots and mining properties. In
city and town lots alone the gain is
$1lO,29O. while in mining properties
the raise in assessment is 1921, ,085.
The Burro Mountain mining district
is located in Grant County which is
the scne at the present time of ex-
tensive development work and mining
engineers who have examined it are
sanguine that it will become within a
few years one of the greatest mining
sections in the Southwest This will
mean steadily increasing taxable
valuation as new mines are opened
together with the erection of concen-
trating mills and smelters. Cattle
raising is also an important industry
in Grant County.
Only one of the fifteen cofunties of
which an abstract Of taxable proper.
ty has been made indicate a decrease
in assessments. San Miguel County
has net loss of $35S,946 which Is
principally in agricultural and graz.
ing lands. Why there should be such
large falling off in one of the most
thickly populated counties of the terri
tory is not apparent and especially as
far as agricultural lands are concern
ed. 1t was supposed that large in.
crease would be shown in agricultural
lands of that county instead of de-
cline owing to the success that has at
tended the dry farming experiments
there. The assessed valuation of all
taxable property in San Miguel Coun-
ty this year aggregates $3,775,506 of
which less the 5000 exemption allowed
heads of families makes the amount
subject to taxation $3,524,946.
Following is a brief statement of
the other counties heard from up to
date taken from the tax rolls in the
Office of Travelling Auditor Stafford:
Bernalilo County, total valuation
$4,157,64S; amount subject to taxation
$3,830,8S3; net gain, $130.234.
Chaves County, total valuation, $3
74S,S41 amount subject to taxation
$3,540,641; net gain, $544.530.
Dona Ana County, total valuation
$2,573,9S3; amount subject to taxa
ton, $2,451,3S3 net gain, $43,997.
Eddy County, total valuation. ST.
667,745; subject to taxation, $2,5O7,
745; net gain, $353,141.
Lincoln County, total valuation, ST.,
511,974; subject to taxation, $1,43S,
2S1; net gain, $175,OS6.
Mckinley County, total valuation
$9S3,364; subject to taxation, $685.
764; net gain, $4,279.
Mora County total valuation, ST.,
3S6,S55; subject to taxation, $1,293,,
S55; net gain. $30.0O4 so.
San Juan County, total valuation.
$1,095,1 ,151 13; subject to taxation,
$9S3,351. .13; net gain, $72,351 .13.
Sierra County, total valuation, ST..
435,o36; subject to taxation, $1,34S,-
$780, net gain, $1o7,612.
Taos County, total valuation, 1892.
466; subject to taxation, $G77,066; net
gain, $42,976.
Torrance County, total valuation
$622,241; subject to taxation, $571,-
AL; net gain, $46,44S.
Union County, total valuation, ST..
OS0,994; subject to taxation, $685.
1894; net gain, $2O7502.
Valencia County, total valuation,
$1,340,984 IA; subject to taxation, ST.
316,614 "a; net gain, $3S,S76.87.
The territorial tax levy for the
present year is fourteen mills the
same as it was in 1906. In Grant
county the county levy this year is
nineteen mills and in addition special
levies Of three mills were made in the
school districts for the support of the
public schools.
Following Is an abstract of the tax
rolls of Grant county giving compari.
sons between 1906 and 1907 showing