Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-08-01
EXECUTIVE COUNCIL MAKES
GOOD START IN ADOPTING TAX
REFORM METHODS.
RAILROADS AND FARM LAND
VALUES MATERIALLY BOOSTED
Taxes Because Of Increased Valuations
..WilI Be No Higher Owing to Re-
duction Of Lsvy-Sisepins Cars Feie-
phone Lines and Other Assessments
Raised Slightly.

Des Moines, Aug. l.-Stote tax lev!
reduced TO mills or less for 1913.
Bigger increase IL railroad valuations
for taxation purposes than IL zen
years.
Material increase il farm, Land and
town lot valuations.
:. Good start toward complete equailza :
ton of values on al property Tor lana
ton purposes.
Tina, is the announcement from me
state executive council today. Ihat
body has been acting as a tax commits :
sion for three weeks. Results o. rs
Iabors were made known today
While il is not possible 70 figure i a..
up and get exact results for slII-e
while il is certain the state TAX levy
will be not higher than MINIS as
against "a mills last year, and Il ma!
be lower.
Tho there has been al enormous II :
crease in the aggregate OF the Fa-tIs-
ton of property for taxation purposes
It will not increase the iota! OF axes
fog the state tax levy has been reduced
and instructions will go 10 county o.
sfciais to reduce local ievies coz
respondingly.
Railroad Valuations Boosted.
Railroad valuation has received q de-
cided boost The valuation OF steam
railroads goes up over $40. Vo",oV'', ac-
tuai value. or SO 600 0ee. taxao value
That means a raise from about $4,000
coo las, year TO s.5.Seo.0oe this year
This result was reached by consider
tnx the net earnings OF the railroads as
reported. capitalizing this as proper
basis for the fixing Of values Inc
average gross earnings Of the diheren'
systems was figured out after AVE-
wear period. then IS per cent deducted
Tor operating expenses after taking out
the taxes This IS per cent IS little
more than was required of the railroads
Of the country for operating expenses
the last two years and trsfie more
than estimated by the interstate CON
mefce commission: but il was regarded
as fair. Then the net earnings were
capitalized q. per cent
The increase vas fairly distributed
es between the systems. The North
western gets an increase Of about So
$4,000 in value for taxing purposes; the
Milwaukee gets en- increase Of sl,h4s,
600. the Great Western gets an IN
crease Of 3i.4,5 o9e. the Rock Island q,
increase of 1920 600; the Illinois Cen
tral, sl.eS0.00o: the Burlington. si.0s5,
600: the Omaha road. sl4l.QQo: m
Santa Fe. 100000. and SO On
Intefurban roads get similar IN
crease in proportion 20 business actu
ally done. Ehe basis for al railroad
assessments is business done as show!
by the reports Of the companies
But the Dig thing IN This connec.io,
Is the fact tina, for the first time III.
valuation is 10 be certified OUT by syg
main lines ger the same valuation 70
the view this is the exact meaning Q
the law.
There was q very slight increase 1,
valuation Of one Of the express com
panies, bur no decreases as they aske'
for.
Equipment was very slight !nc-eas
based on business
The Iowa Telephone Company va
boosted 80 l-3 per cent: America
Telegraph and Telephone slight
raised.
There was 10 per cent increase !!
valuation for sleeping cars.
Farm Lands Raised SO Per Cent.
Farm lands we're boosted IN ayers z
of 33 per cent A few counties got 6
actual decrease, several over 50 pe
cent. one as much as So per cent
Town property was increased an av
erage Of about 10 per cent. tho Their
were many places where actual de
crease was made.
I.ivestcc!. was ordered put Up g e
~ cent:
The basis for the land increase va
that Of actual value as shown. S.artin
with the idea that the legislature .
authorizing an so per cent valuation Fl
moneys and credits, the average sa
values as reported were further re
duced by 20 per cent 70 provide fr
actual income values: which makes tn
real estate valuation near TO 10 or {
per cent Of real worth.
The council in figuring out II
changes to be ordered. on suggestion
Secretary Dawson. avoided fractions q
far as possible. SO that county offcia
Will have al little trouble as possibl
The changes involve an enormou
amount Of work fixing up the tax book
simple because, as stated. county @.
Hcials have gone on refusing TO try
have the values fixed according to la
and presuming no state commissio
would ever start a real reform. No
they are up against some big change
The announcement today Is Of Il
most important changes and reform
assessment matters ever made in II
4 state The council has worked stead.
for three weeks Of the hottest wealth,
ever known and has worked out VIII
Is believed to be the best result POI
y sfbie.
GYPSY oUTRAGE9.