Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-10-17
TAXROLLS
SHOW ENORMOUS
INCREASE IN
VALUATION
BernalillO County Raised Over
Six Hundred Thousand Dol
lars; Colfax County Lands
Given Rough Jolt.
VALUATION OF STATE
NINETY-ONE MILLIONS

With the arrival OF the assessment
rolls al the office Of Assessor Fred
y. lleyn this morning. that official
and his office force have few busy
weeks ahead preparing the rolls 20
be turned over 10 County Treasurer
Mandel for the collection of taxes
II was feared for "a time that the de-
las Of the board of equalization In
sending back the books would prevent
the collection Of amy taxes before De
comher ] when the first half OF lhc
1913 taxes become delinquent.
The books have been In the hands
pf the state bunrd OF equalization
since July ] and tho board has evil
IDENTIFY had strenuous time In adj
iusting and correcting the assess
ments IN the various counties.
In Bcrualillo county the assessors
valuation was raised from S5.379.53l
to sG.o50,145; SS7t,740 was added by
the state hoard and s201.1s3 deduct
"a, or "a net raise over the assessors
figures 81 sG10.G1G. Assessor Heyn
WIGS not supplied with the instruction
~ the state board and WAS therefore
unable today Go cay Just whore tho
/ Increases ana deductions occurred
The tax valuation OF New Mexico
for 1913. according "a the corrected
! figures is S9i.784,GUI. 10 is figured
on a bnsis ~ one-third Of fun value.
/ The totals are taken from the assoss-
ment rolls of she various counties be-
/ fore the state board OF equalization
had passed on them was SS9,0S6.51S
: for 1918. The 1912 assessment after
the appeals had an been decided by
the state board vas S72.t57,f5A
The total raises by tho state board
] nj
I 67G, while the reductions made by the
board totalled si,5S5.590, or net
raise on tho taxable valuation of tho
state OF S7,GtS.0S8
Considered by counties. Colfax sus-
tains the greatest increase with Chav-
~ second. sierra county's assessment
Was tumpercd with the lcust. with but
/ comparatively small raises being made
also In Otcro, pona Ana and Torrance
counties
The ColfaN county assessment as
returned by tie assessor totailed So
l27l,G20. The state board increased
this hy $3.50 is5, and made docrcas-
es totalling Si1383, making tho nnai
taxable valuation of the county &g,-
l5S3.f10. or more than $500. 900 more
than Chavez county. which has the
second highest assessed valuation.
Most of the raise in Colfax county
In borne by the undcveloped coal land.
Eleven big holders Of unimprovcd
coal land returned total of f57H72
acres as grazing land, assessed at siN-
ty cents au acre. fun value $50 an
acre. As grazing land this gave those
lacrcs fuu value of Sl.36f,010. and
az one-third of FUN value "a taxable
value of Sf5t.000 The board held
that this land was unimproyod coal
land and fixed Ita value at $1,000 an
acre fun value. cor f4.00 nu acre for
assessment purposes. This raised ths
iull value uf the T57k72 acres 90 So
lll,550. Dcducting the fun value
returned hy the owners. this made a
raise Gao can valuation Of S7.75o,i79
or value n taxable values OF Sc
5S1,f93. Adding this raise You taxable
value Go tho values al which The LAM
was originally returned for taxatioh
the owners off these 100000 acics and
moro are asked 40 pay taxes on q
valuation of t3.03s,is3. instead Of
ti5i,69o tho Hgurcs fixed by the Col
fnE county assessor
Tho mombors OF the board claim "a
have figures of government gcoiogisti
giving tho Wluo Of the coal lands Of
colfax county as over $3.50, 100000, 10
compar.aon Nth which figures set
ny the state board at equalization APP
pear worry mild and reasonable. How
over in comparison with what has al
WAYS been paid in this county The
raise is flupcndous u ~ freely pre-
! dictcd that tho taxes on tins valuation
VIII never ho collected without "a Ions
lceai nghi Nho contention being made
, that there ID vast difference between