Norwich bulletin., 1916-01-20

There was gain in the value of sheep from $150 to s1So.
 Money on Deposit.
 The item of money on deposit shows the increase from $29.5z5 to $6s,s45, a. gain of ss4.420. which Is ex- plained by the law calling for a tax assessed value of property. Many mortgage holders this year have put these sums in the tax under the item of money on deposit
 Ten Per cented Lists.
 There were moro lists that were Increased by ten per cent. this year than ever before, this being the pen- atty for failing to hand in a list. The amount added by ten, per centing was s63,ss5. which was $z3,4s7- more than last year.
 This year for the first time. non- required to O. hand in their dlse own lists fists or take the ten per cent. penalty, but strange as it may seem there were 100 more residents this year who in- cured the penalty than year ago. All in all there were 584 lists ten per cented, of which 5I5 were residents and 6s non presidents. Last year when only residents suffered the penalty there were 415.
 19 Lists Increased.
 Increases made by the assessors in the lists handed in by taxpayers amounted to $z4.s50 and there were IS of them.
 Taxable and Exempt Lists.
 There are sso7 lists of resident property owners. 343 list of non-res- |idents. 126 soldier exempt and 5 blind exempt, total of taxable and exempt lists of 4,2S1.
 Soldier and Blind Exempt.
 The 3s lists of soldiers who are ex- empt represent a value of s2S.S75 and SS soldiers who have property over the exemption amount have value repre- scented of $90, 900.
 property of $500 in value and 1 blind exempt has $s,oOo in value over ex- emption.
 TaftviIIe Fire.
 Between the amount withdrawn from the list by the Taftville fire and by justifiable deductions, the assessors consider there were deductions oi about $40,000.
 The 126 new dwelling houses in the list represent the gain by building op- erations in this class of property dur ing the year.
 Total Taxable and Exempt.
 The grand total of taxable and ex- |empt property is $25,045, 800, which is made up of the $17.7S6,743 taxable property. $118.S75 soldiers exempt $s.50o blind exempt and $7.131,7S2 ot other exempt property.
 What State Tax is On.
 While the grand list of the town for local taxation purposes is SIT, 7,7S6,743 the grand list of the town on which the state tax is computed is $51, ,00C more because two pieces of specially exempt property, the Y. M. c. A. at S37.- -500 and St. Mary's T. A. B. society building at s13.500. have to be added to the towns figure.
 This is through chapter $40, of the public acts of 1915. which reads as follows:
 Sec. 2-AlI property exempted from taxation under the provisions of any special act or by town vote shall be valued annually by the assessors oi located in the same manner as other property and such valuations shall be added by the assessors to the ab- stract book
 Sec. S-The total of such valuations and the aggregate of taxes which would have been received in each year on ouch valuations if such properties had been taxed locally shall be sent tC the tax commissioner as part of the return required to be made to him in each year by the town clerk or the town treasurer for the purposes of g statc tax.
 Sec. 4-Such valuations or taxes a. the case may be shall be included ir the computation of the amount of tho state tax to be paid by each suct town.
 Abstract Book Perfect.
 Clerk Curran has been the one tC make up the abstract book this time and he had the satisfaction of finding that the system that he followed wal the right one for the totals proved uI