Evening journal., 1914-02-21
MANY BOOSTS
UNDER THE NEW
ASSESSMENT
CONTINUED from First Page.

llDIn EAlri u1Nf
those in the Seventh and Firth wards
under the new assessment have been
increased considerably.
Market street valuations have been
boosted considerably. Corner land
values are the highest for certain
distance from the corner, and toward
the center of the block the land
value was lowered. The DUPONT
building assessment, II is understood.
was increased million dollars.
Union Bank building was raised s5O.-
GOO. The Ford building was in
creased about 100000, and the Law
building at Ninth and market was
increased TO about 100000. The
same ratio was followed all along
Market street. corner land values be-
ing fixed at $1,000 to $4,000 q foot
and land values IN the center OF the
blocks up to about $1,000 a foot
Odd Fellows Hall also was given a
big raise. The Winchester block at
Eleventh and Market streets is to
be assessed at $175,OOO, Il Is said, and
the Draper property at Eleventh
and Market also was raised TO about
$4,000. The Masonic Temple is
raised to about 100000. Il is said.
Now that the Board OF Assessment.
Revision and Appeals and their stan
have completed the new assessment
system for the city of Wilmington
which was begun last fall, the city
now is expected 70 have one Of the
most accurate assessment systems
possessed by any city In the country.
While the time limit in which TO
complete the work under the law did
not expire until midnight last night,
the workers laid down their pens
with a sigh OF relief and announced
that It was "all over" at two minutes
before 5 O'Clock. II was a tired set
Of men who left the office at Eighth
and Shipley streets, where they have
been working several months, to 60
to their homes last evening, for the
majority Of them had had no sleep
for over SO hours. They worked all
Thursday night that the work might
be finished on time.
Owing to the time and attention
they have bestowed upon the work
sacrificing their own private affairs
70 do II, the members Of the Board OF
Assessment. Revision and Appeals
consisting Of President Of Council
William p. White, Councilman W. z
Stover and Building Inspector Will
liam johnson are being warmly com.
mended.
The city now has map Of overy
block in the city. On each block every
lot Is marked of in its proper shape
and its sire is given, together with the
number Of the house. There Is a com.
plete record Of all data pertaining tC
every parcel Of real estate IN the entir,
city. When II is considered that ther,
are about 10000 parcels of real estat,
in Wilmington, IL may be realized what
an undertaking IL has been TO assess all
One definite announcement made
by the assessment board is that the
tax rate will be reduced. lust how
much has not been determined, but
II Is hoped that when It is reduced
Il will more than onset any increase
that may have been made in many
of the real estate assessments so
that many property owners will be
paying less taxes than under the old
system, according TO the members Of
the board. The exact revenue the
! city will derive has not been com
puted. The cost of the new assess
ment has not been determined finally
but II Is said TO be we'll within the
limit set by the city for the wOrl
and will be somewhere between S40,'
600 and $4,000.
The tax books have been sent tc
the tax Office 10 be written up and
totaled. On April ] and continuing
thereafter for is days. the tax books
will be open for public inspection SC
that property owners may learn whai
their assessment is under the new
arrangement