Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-03-29

Inn oN' 'bpN Sllall ne llleu,
another forwarded to the district at
tcrncy and the third sent to the tax
commission. The district attorney
snail represent the county board in
such appeal. The county assessor may
also appeal from the decisions Of the
county board. It is made the duty of
the attorney general to take an ap-
Zeal from any decision of the county
board whenever five responsible tax
payers petition for such an appeal
ana file their grounds under oath.
Five Tax Districts.
1t is made the duty Of the tax com
mission TO divide the state into five
tax districts, one Of which shall be as
signed To each commissioner who
shall, after giving ten days notice,
visit each county in his district to
hear all appeals arising in such coun-
ty and to meet with the chairman Of
the county board so as to instruct and
inform him However, nothing shall
De construed to prevent an appellant
from appearing before the fun tax
COMMISSION and presenting such evil
dence as he desires to present.
1t is made the ddty of the tax COM
mission 10 inquire into and ascertain
each year the actual total value Of the
property subject to taxation in each
county At the July meeting it shall
examine the assessment rolls Of each
county 'and if the actual value of tax
able property in any county as so de-
termined by the commission Is more
or less than the valuation thereof as
shown upon such assessment roll, the
commission shall, by order duly made
and entered on its record, increase or
decrease, as the case may be, the to-
tai valuation of the property in said
county to taxation as shown by such
assessment rolls, except the property,
fixed by previous orders Of the state
tax commission and except property
which the commission shall find to be
assessed at its actual value, by such
percentage as will bring the total val
uation of such property to the actual
value thereof as ascertained by said
state tax commission Such increase
or decrease shall be certified TO the
assessor and is TO be extended to the
property of each taxpayer.
Powers of Commission.
The commission is given power to
amend or modify any of its orders
within thirty days of its being placed
ON record.
ANY tax commissioner or the secre-
tary of the commission may conduct
any examination or investigation or
dered by the commission, may admin
lister oats, issue subpoenas and may
invoke the aid Of any court to enforce
the appearances of witnesses and the
production Of books and records
1t is the duty Of the commission ia
ascertain what property has been
omitted from the assessment ron OF
has been incorrectly listed or APP
praised. Assessors or county commis'
sioners failing to comply snail be
deemed guilty Of a misdcmeanor an'
shall be fined from 500 to $500 fol
each offense.
The tax commission is to prescribe
the forms and books to he used, tn'
contracts to be let to the lowest pid
der after advertising for bids.
The assessment rolls are to De pr
pared in triplcate. one copy TO DC
delivered to the state tax commisS'o'
not later than the third Monday IT
/ Julv. one copy to be sent the county
treasurer and the third to be retained
by the assessor
Thirty days before the session o.
the legislature, the tax COMMISSION
shall prepare and submit to the gov
ernor printed report with recon-
mcndations.
Limitation of Rate.
Sec II carries the tax rate llmlla
ton clause that the maximum rat'
to he levied for all state purposes an'
uses. including the educational peha
ana charitable institutions shall no
exceed three mills on the dollar th'
maximum rate for county purpose
except special school levies ana spe
cial levies on specific property shal
not exceed five mills on the dolIar
i fine maximum rate for city, town .
village purposes shall not exceed thIe
mills on the dollar SO that the' TOT"
maximum levies cannot exceed eleNe'
Mills with the exception Of the sPe'l'
levies which are ordered cut 10 one
third Of Tho maximum provided D.
preyious law Special school TAX iel
! ,os NAV be made i'm accordance to ."'
, not "a exceed five mills on the dollai
i Am tangible property shall be assesse
and taxed upon its actual lalue' nov
over tho limitations shall not app!
TO levles for payment OF the pun
debt or interest thereon ,.,,
Sec 10 limits the amount oil lnuc',
edness incurred by municipol'les'
savs. mo county or incorporate
citv town or village, shall ever t W
, come indebted to an amount "a u,
aggregate including existing inot , ~
ness exceeding "a per cent o. 'ne d,
uat value of the taxable proper =
,,jthin such county city, town OF WI
'oen ae shown by the last preced'i,'
asseesment roll, and all bonds ana ..
Itaa4iop,. issued or contracted n :"
~ such amount, after the tinh
| mis- act shall go into effect S"a'' ~
,.oId but such limitation sn''I j.,
y,,I,, ia Indebtedness for the con
= Str,ctioo or purchase Of system ~
snnnIvinp water or sewer system 10
t,vrt, mr. village.
e sec. IA provides for an 90 SN $goo f.
: from taxation in the sum oil ~ ,,,.,,,
4 each head Of family, widows na nay.
) children to be recognized as neauS
i. families and the exemption to "a,
made whether claimed by the '''