Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1922-09-01
IDAHO VALUED
AT 1$353,5oO,0oO
SHOSHONE MINES AND
TWIN FALLS ACCOUNT
FOR DECREASE.

approximately 81 100000 were
made in the reported valuation
of all Idaho property, except
public utilities, by the state
board Of equalization, which ad-
journed it's 1922 session Satur-
day. The equalized value of all
property in the state last year
was $370,073,7S0. This year
the reported value of this same
property, according to the asses
sors' rolls, was 1851, 1868, ,339, or a
decrease of about $20,000,000.
The boards increase raised this
reported value to about $685.
100000.
Valuation for taxation of all
public utilities in the state re-
manned practically steady. The
Oregon Short Line Railroad
company received an increase in
assessed value at the hands of
the boerd amounting to $4,000
per mile on the Bliss-Rupert
branch. This branch line runs
through the counties of Jerome,
Gooding and Minidoka.
Other changes in utilities
were: Utah Power & Light
company. increased from 81, ,G0O,-
600 TO $7.250,000; kootenai
Power company, raised from
100000 to $115,000; Wood
River Power company, raised
from 100000 to $4,000. The
Idaho Power company's valua-
ton of 6,50O,0C0 was untouched
Representatives of the power
companies were advocating a re-
duction of $4,000,000 before the
board.
Attorneys for the Oregon
Short Line made representations
to the board that the assessed
valuation Of that company's
Idaho property should be cut
from $55. 100000, the 1921 fig
ure, to S35, 900, 900. The board.
however, made no changes, ex-
cept the Rupcrt-Bliss branch line
increase, in the company's valua-
ton.
Changes in other taxable pro-
perty were made by the board in
only five counties of the "A in
the state. Agricultural lands in
Gooding county were raised 10
percent on the value reported by
the assessor. The reported value
is 13 percent less than the equal
lied value for 1921, so that in
reality the county is not assessed
so highly as last year.
Irrigated land in Cassia coun-
ty was raised Is percent on the
value reported by the assessor.
The reported value is 8 percent
less than the equalized value for
1921, so the value on irrigated
land in the county has been in
creased 6 percent by the board.
Irrigated land in Kootenai
county was increased more than
8 percent over last year.
Perhaps the largest change
came in Minidoka county, where
the board increased irrigated
land, residence lots and business
lots 40 percent, OF IL percent less
than the 1921 equalized value.
Although residence and business
lots were increased 40 percent
this year over the reported value
the net result is that business
lots are IL percent less than the
equalized value of last year, and
residence lots IA percent less.
Agricultural land in Twin
Falls county was decreased 5
percent under the reported value
of the assessor. This places this
class of property at value Ia
percent less than the equalized
value of last year.
Another distinct loss in values
was occasioned in Shoshone
county, which reported $4,000
600 less income from mines than
last year. Other counties suf-
fered losses due to decreases in
live stock and merchandise.
The state levy was fixed for
1922 by the board at 1891 cents
on the 500 of valuation. This
levy is a reduction from last
years which was .557 cents on
the 500. In 1920 the levy was
GIG cents on the 500 and in
1919 .783 cents. The distribu-
tion of the state levy for this
year follows:
State ad valorcm .-----.---------.358O