The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-04-17


santa rc. n. NJ. April IA hTicf
talk with tho secretary OF h new
state tax commission furnishes be-
4 wiidcring evidence Of the magnitude
Of tho task which c%onfrOnts that body
In putting into operation the states
new system OF assessment OF property
upon the basis OF actual value. and
with n maximum limit OF three mills
Tor producing revenue necessary FOR
state purposes and 10 meet provisions
|of the last general appropriation bill
Nor the fourth ana NTH fiscal years.
This task b commission VIII take
up nj It's meeting on Monday when
III begins It's second session Of ten
lays. The nrst enabled u to get hut
a preliminary and general view Of
the Geld before u. This second meet
ng is expected 10 result In permanent
organization and n working basis.
law effective this working basls can
be- made tho commission itself does
not know.
Actual value OF all property In New
Mexico. NJ per M 1914 return. was
4S273,00O.e coo. Ono-third Of this
nmonnt was taxed for state purposes
lt 90 mills. the total lcyy for an pur-
81 poses ftlNf ilsh mllih.
II has not yet been fully deter
mined what must be included la the
throe-miil maximum icvy FOR state
purposes. liked under he new taN
commission law; whether the state
highway tax. which Hast yea was one
nil. must be included In the total
if three. which thia year Tor the first
Il d,ne viii be levied on actual value Of
U 80. ~ - -..s.N
-ihcr fcncrul taxes for specific pur-
roses are In addition to the three
niil limit. uu;ii that question hns
,gcn definitely determined the com
niEsi0ners and no one else can tell
accurately what property value must
lc placed On tho assessment rolls be-
ore the money necessary for the pro.
fl isiona OF the appropriation act for
he fourth aud nfth fiscal car can
pe realized.
vi Roughly. the commission al IT, int
lit meeting estimated That Al icafl
$50 00G.0 o of value must be shown
proc &c tho necessary revenue
within the mnNimum levy permitted
tentative raise 81 $4,000. 900 ou
orporatc properly has been ordered.
ublcct 10 the hearing which the
commission viii give tho railroads
ext week, on whose property So
90 900 Of the Increase has bcet
blgcod. a rough estimate made M
he FIRST meeting 81 the now buard
ndicatcd a. possible Increase i'm value
other property In nll counties al
approximately fbt,00O 1000. ~ this
hould prove c%arroct. and The $40.
90. 900 raise on the railroads should
tand, the COMMISSION atili would D,
omc see. 600. 900 short Of tho estl'
mated f35O. 0O0, 600 Of actual value
necessary 70 produce the rcycnu'
allied for In the fourth fiscal year
m increase In valuation would h'
eccsgaTy oven should the old system
onc-third value assessment have
cen permitted 20 stand, because ol
ncrcascd appropriations.
~. That the value exists in New Mex
20 IL not questioned. II Ii the ability
the tax commission To get tht
alue nto the assessment rolls and
he situation as to the fourth fisca
car ia an alarming enc. Thc com
nlssion cannot tell what property h
r IN not upon n county aFsessmcn|
oils until the county assessors send IL
he rolls. which the law says thci
hall do on or before the third Mon.
ay I'm July. The experience has nceI
hat n majority of the agsassors tnk'
he fun limit allowed by law. Ate
he rolls are received thirty days arr
llowcd for appeals. The rolls ar
ri ben returned Ca the counties, ant
hould be In tho hands Of the count,
oasurcrs not later than Noyembe
st. Thus the new state tax com
- Mission has only about sixty days q
lace on tho tax rolls property whicl
M escaped; 90 regulate valuations
q word To tax the property OF g
|ountieE. many OF which are large
han many an eastern stptc.
To do this effectively "A survey q