Sierra County advocate. [volume] (Kingston, N.M.) 1884-1960, 1913-09-26
New Mexico Taxation Wall
ueS.

AT meeting of the state board O
equalization, Travelling Auditor Howell
Earnest, secretary of the board, pre-
sented an abstract of the tax rolls o
the state. This he had just completed
work on it being delayed because o
the fact that the Dona Ana count,
roll did not arrive until last week.
The figures from the abstract of th'
tax values of the state probably give
a clearer view of the tax question IL
New Mexico than anything else that
could be prepared. In general, let il
be sail that the increase in valuation
over 1912 is over $11 100000, as COM
pared with an increase of 1912 over
1911 of about sl3, 900, 900. Another pc
culiar tn ne is noticeable and that is
that the entire ncrsase as found in the
valuations fixed by the state board, the
items valued Ivy the assessors, being
without exception, lower in 1913 than
in 1912. This is true Of the the state
as whole, although it probably would
not be of each individual community.
Accor ling to the new tax law the
state board fixes the valuation on all
railroad, express, sleeping car, tele-
graph and telephone property, state
and national banks and trust com
panies, range cattle, sheep and goats
and other live stock. All other pro-
perty is valued and assessed by the
county assessors. The only increase
as stated above is found in the valu-
alton fixed by the state board, while
the sum total of the assessments
of the county assessors shows big
decrease over last year.
The total assessed valuation of the
state, according to the tax rolls a. they
now are, without corrections made
necessary by reason of appeals, ETC.,
is S84, ,O86, ,518. The valuation in 1912
was s72, ,457, ,454. The amount of in
crease of 1913 over 1912 is s11, 629, o64,
while the amount of increase of 1912
over 1911 was s1S, 2OS, SIS.
The totals of the subjects fixed by
the state board shows an increase OF
So, 343, $50, or 8. 04 per cent, while the
assessed valuation on the subjects as
sessed by the assessors shows net de-
crease of IS, ,O46, l26, or l1.67 per cent.
Including exemptions. which this year,
under the new law, are scheduled diff
ferently than formerly, the gross de-
crease of valuations fixed by the coun-
ty assessors is $7,645, 1893.
Railroad property in 1912 was assess
ed at $40, 404, 4a5. In 1913 this assess
ment amounts to s2S. 276, 1923, an i'm
crease of S38. So per cent. This is one
of the items fixed by the state board
of equalization.
Under the head of lands and improve
ments. an item fixed by the assessors,
the 1912 valuation was $39, 1882, 799.
The 1918 valuation is s3s, 5O7, s57. a de-
crease of 1.84 per cent.
Livestock, valuation fixed by the
state board, in 1912 was assessed at s8,
1926, 900. The valuation in 1913 is given
at $40, 7sS, 8O7, an increase of 81 1851, :
GOT.
Merchandise stocks were assessed at
s5, ,S84, 1856 in 1912, but in 1913 the assess
ed valuation is s2,766, ,723, or s11S,-
O63 less, amounting to 4.69 per cent.
All other property, as it is designat-
ed on Tue abstract, n la12 was valued
at sS. M, 1917, but in 1913 the tax
able valuation decreased to So, 574 ,24S,
a loss of S17e, $40, or AGO per cent.
Agricultural. grazing, timber and
coal land and town lots all show de-
crease in the assessed valuation in 1913
over 1912 The only increase is found
under the head Of mineral land, which