The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1921-08-10
Grady Not Materially Affected By
Action In Definitely Fixing As
sessed Valuation: Only Slight
Change Made.
s7s,ooo,oOO INCREASE
IS SHOWN OVER STATE
orady's Budget Calls For Slightly
Less Tax Levy Last Year;
Many Counties Show Gain In
Figures Given.

ACTION ny the state board OF equal
lzation In session In Oklahoma city
Monday will not materially affect
Grady county. according to Miss
Birdie Tolbert. deputy county as.
SCISSOR, and Tom McElroy. county
commissioner. who were present at
the board meeting.
Only one slight change was made
in the Grady county valuation, Miss
Tolbert said this morning. This
change will affect manufacturing
industries. figures for which we're
raised approximately 30 percent. II
was stated. Only small amount OF
property subject to this tax is listed
on the Grady county tax rolls. the
deputy assessor announced
S5,ooo,ooo Increase.
approximately s75,OOO.OO0 was adj
ded to the states assessed valua-
tion for 1921, members OF the board
estimate. This will make the total
valuation OF taxable property in the
state in 1921 approximately sl.739..
iiS,7i5. Last years valuation was
s1.66i. i.iiS.7l5. or this increase ap.
proximately $20,OOO.OOO will be ad.
ded by the board of equalization to
the Increase of s55,000,OO0 shown on
the aggregate report of county as
SCISSORS.
The board Monday passed upon
the valuation OF all counties in the
state with the exception of Beckham
and hishmataha counties, whose as
SCISSORS have not yet submitted their
reports. The board yet has TO con-
slider the valuations OF public service
utilities and corporations. which will
make it impossible to arrive at the
tax levy until about September 1.
1t was announced.
Grady county's budget for the fis-
cal year beginning July 1, 1921 and
ending July I, 1922, calls for tax
levy Of seven and four.tenths mills,
compared with last years levy of
eight mills.
The deputy county assessor estl-
mates that the county's assessed
valuation will reach approximately
2a,0000OO Last years valuation was
more than $30,OO0,000.
Twenty-egiht Counties Gain.
Only twenty-eight counties in the
state show an increase In valuation.
but their increase was sufficient to
give the $55, 100000 increase for the
stdtn shown in the assessments Of the
county treasurers Payne county
showed the largest decrease in valua-
'icn, from the figures submitted by
its assessor with loss Of $4,733,21J
from the valuation from last year.
Creek county's valuation Of $780,
$4,000 was raised $6,00O,000 by the
board Of equalization. An increase OF
50 per cent was made on town lots.
accounting for an increase of $5,443..
900. The remainder of the $6,000-000
increase was gained through a 25
per cent increase in merchandise
stock.
Although many valuations were
raised by the board of equalization
none were lowered.
Tulsa county's valuation. as are
all other county valuations. Is made
as of January /, 1921. and the in
crease OF s37.000,00O does not take
/ into consideration the loss through
the race riot in May which resulted
in the burning of property estimated
at approximately $5,00O,O00.
Opposition to the 1 IL mill levy
last year was particularly strong
the railroads and other corporations
and the fight in the courts is based
on the ground that the state has no
authority to levy a tax for general
] purposes when the funds are not
needed for operating expenses.