Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1919-02-25
FATE TAX COMMISSION
ORDERS "SMALL" RAISE
,y s4.s75,000 Must Be Added To
psdison's Assessment This Year
Saws Letter To Judge Price.

The Daily Register was in error the
her day when it said that the State
Commission had made a ''heavy"
crease in the tax assessment Of
[adison CO ty.
The increase was only "srnall." This
bound to be so because the State
az Commission says so itself. But
is q mighty good thing for the tax
hyers of Madison county that the in
lase isn't "medium-sized" or large,
~ "smaIl" as the State Taxing
Board says it is, is s4,375, 900 on lands
! d 100000 on town lots. Can you
at it
This makes almost 10,00e, 900 in
rease on the assessment of Madison
punty made during the past two
ears by the State Tax Commission.
Perhaps, it is a good thing for the
card and the state that the Tax Com
nssion is a sort of bipartisan affair
|Eith both democratic and republican
kembers, for if this sort of raising
axes is going on all over Kentucky,
ONE political party would be bound
j be charged with it by those who
ave 10 bear the burden
As It is, however, Hon. James A.
co;t. who is a republican member Of
the State Tax Commission, has mott
ed County Judge W. X. Price of the
Fsmall" raise in Madison county's as
essment in the following letter:
Frankfort, KY, Feb. %, 1919.
7on. w. X. Price,
Judge Madison County Court, :.
Richmond, Kentucky.
pear Sir
/ From an examination of the reca-
Ettulation book of Madison county we
nd that it will be necessary to make
small increase in the assessed value
pf property in order to bring it up to
! h. standard of other counties.
Il appears to us that there should
h IN increase on lands of not less
KIN S4,375,000 and on town lots of
DO. less than $500,000.
Under the law we are required to
give notice of any contemplated raise
/ and this is to advise you that If you
desire to appoint representatives to
make a protest against our action
|thsy viii be heard Monday, March 3,
at our Office at the state capital at
Frankfort. II you should decide to
send delegation to Frankfort, we
trust that you will be able to come
with them as we would like to go over
the assessment of your county so that
we can convince you that the raise is
only in keeping with the proper equal
ization of the various counties of the
state. Yours very truly,
STATE TAX COMMISSION,
]. A. Scott, Chairman.
announcement has come from
Frankfort that the State Commission
has begun its hearings on the county
easements. Madison will be heard
on Monday March 3rd, if she desires
to protest against the raise ordered
TO her assessment. 1t is expected,
that Of course, a delegation will go
from here to object to the constant
raising that has been given the tax
PAYERS of this county during the past
several years. The announcement
from Frankfort says that this year
the commission is aiming to reach an
S. per cent assessment on real estate,
personality. bank shares and corpora
Ton franchises. Last year they ap-
proyimated 70 per cent. This method
was necessitated by the decision OF
The United States Supreme Court In
the railroad franchises cases, holding
that they must be equalized with all
other .nds of property, which at that
TIM assessed, the court said, be-
low 60 per cent, and in many instan-
ces ran far below so per cent
This increase of 10 per cent over
last years assessment is expected to
all S4OO,OOO,OO0 to the general sched-
ule.