Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1913-03-26

palities the cost was greater.
It will be noted that the tax com
mission, in preparing the above men
toned tables, does not deal with the
assessed valuation Of property as
fixed by the assessors, nor with the
rate Of taxation as levied by the mu-
inequalities. Instead they take the
sum total levied as taxes, compare
it with the true valuation Of proper
ty, and from that determine the true
rate Of taxation as compared with
the true value Of taxable property.
This is the only fair method Of com
parison for them to follow, for the
reason that in some places property
is valued by the assessor at only 209
per cent of its true value while in
other places the assessor values the
same. class Of property at 40 or so
per cent Of it's true value. The true
value Of property is determined by
them in the different counties and
municipalities by consulting the rec
ords of sales on file, and the. con
sideration therein expressed, and
thus arriving at an average value as
shown by such sales and transfers.
We understand that an employee of
the Tax Commission spent weeks in
Kandiyohi County ascertaining the
true value Of property in the county
and in Willmar in that manner. 5.%.. I, :
An example Of this appears IN the
table on pages AGO and 46l Of the
report. The total assessed valuation
Of all property in Willmar as return
ed by the assessor was 81, 244,363.
While the true valuation Of the same
property as found by the Tax Com
mission was $3,739,283. The prop
erty in Willmar was thus assessed by
the assessor at 1928 per cent Of its
true value or. a little less than Is
Of its true value. Other cities in the,
same table are shown to have been
assessed at SO, Al, 38, 81 43, 48 and
IS per cent Of their true value. Some
are shown to be assessed at less than
1-3 Of their true value, but Willmar
is a fair. average, and cannot com
plain that the values as fixed by the
assessor are too high. The table al
SO shows that the tax rate for Will
mar as based on the assessors val
uation was $3.50 mills, while the tax
rate as based on the true value Of
property as found by the Tax Com
mission was only 1914 mills. The
figures refer to the year 1910. z=.
AS compared with the other mum
cipalities in its class, the tables re-
ferred to show. as follows: z S-:4
The true tax rate for Willmar is
l.49 mills greater than the average:
The net indebtedness Of Willmar is
$40 Of l per cent above the average
The annual interest charge of
Willmar is 8 per cent less than the
average, and only three municipal
tiles make better showing. .... ST
The percentage Of maintenance
and interest to revenue in Willmar
lis 2O.2 per cent better than the aY-
erage, and only one unicipality
makes better showing.
Tie cost Of municipal government
per $l0,000.00 Of actual value II
WAlmar is $24.O3sless than the aver
age, and only three municipa ities
make a better showing. .0. ....
While the net indebtedness Of Will
mar, is slightly greater than the av--
erage, our interest charge is 8==per
cent less than the average, which in
dictates beyond 5perad venture that
we are getting a lower rate Of inter
est on our obliga tons than other mu-
inequalities in our class, and the fact
THAT the percentage Of maintenance
iand interest to revenue, and the cost
of municipal government, is far less
than in other inequalities would
seem to show .conc lusively that the
Finances Of the City we're being eco
nomically managed.
INFO RMATl0N !.
Some people have been under the
t:lmpre ssion. that we are located III an
tother part Of the city We want the
tpuhlic to know that We are located
ab0ve Berkness &, Peters0n's store,
one block south and one block east
of the depot.
Phone 4ol .! EL x DEF. g sTolLL
AZ The Metropo litan Barber Shop.
Bank Of W1llmar Building, F. . Z.
IOtos, proprietor, the shop IS get 9
shave, hair cut and hat Adver
Miss. Sina berg spent Ea ster