The Fayette falcon. (Somerville, Tenn.) 190?-current, 1920-07-30
The 1920 Tax Valuations

10 anoter column of this issue we ar,
publishing q table which shows the tax
values fixed by the County Board ol
Equalization which recently sat in thii
county. The tsble is complete just "a
u was forwarded to the State Board OF
Equalizers BY County Court Clerk
c. W. Crawfori. With it we are pub
fishing, also. the vslues by districts of
last years assessment, so that the cit.
liens can see exactly what was done
for them under the new tax laws.
A comparison of the tinsl figures fixed
by the County Equalizers with the fig.
ures fixed by the States Statisticians
who were here last fall shows that th.
values fixed by the stat!stc ans were
followed almost exactly b. tue County
Assessor and his assistants 10 fixing
the values. aud The County Equalizers
cut halt million dollars from these
figures. AlmusI one halt this cut came
in the tnn teenih district where the
assessors figures We're reduced by the
County Board $247, 800.
Reductions were made 10 nine dis.
trlcts, 3. a, Z, s, 10, IL, IL, Is, and Ia
ana Increases were made in |, 2, 5, 6,
8. and Is, six districts. The eighth
district shows the largest personally
assessment of ail the districts, with /
and lS next in order and o the smallest
personally assessment. The eigth
shows, also, the largest land values,
with close second, while 2 shows
the smallest realty assessment. Eleven
districts show total valua tion each of
more than million dollars.
The total valuation of all property this
year is SIG, 849, l9l. almost four times
last years assessment which was "a, 442,
800, neither of these fgueres including
the railroads, telephones and telegraphs.
These last named were assessed last
year 81. .S43, ,664, and as the State Rail-
road Commission which fixes the valus-
tion on them is made the State Board
Of Equalizers under the new law, there
can be but little hope of their easing
their assessment materially, and Ger.
tsinly there is no hope Of increasing IL
to four times last years valuation.
Fayette county paid $3l, ,096 in state
taxes last year on valuation of |
her real and personal property,
with railroads. etc. not counted, at 20
cents on each 500, II the state rate
10 rs on each slOO this year this county
will $42, 1923 state taxes on her real and
property now assessed at SIG,
849. l9l. This is an increase of 81, 200
over last year.
The county's totsl school tax last
year including high school. was $34,
SSS.37. The county court at its April
term without dissenting vote adopted
a resolution promising an increase of
33t q in the county school fund. This
will add one third of the above cum.
$ll .629, making a total county school
fund of s46.5l7. Which will necessitste
a total common school and high school
rate Of "a cents, when the poll tax of
q little over $1,000 Is taken from the
SAG, 900 total.
All county funds must be increased
in d ratio not far from the increase In
school fund in order to meet the county's
expenses. When these increases in the
tax money are counted, it will be seen
very readily that the county rate can
not be much less than rs cents on each
800 If the county is to meetits running
expenses. With the state rate of rs
cents On each sl00 added to this, it can
not be seen how the total rate will BE-
much under 81 90 on each 500 OF valu-
atoms, II the NJ cesssry money is TO be
raised to meet the county needs.
Many. counties have already fixed
their'rstes at si.OO per sloo and above.
that figure. but no county that has fix.
ed its 1920 tsx rate has yet fixed fig
ure below sI.O0 per 500, and any one
a caieuiation of pssf taxes and
ofsthsE new valuations and comparing
closely can but see that the rate must
be around that figure.