Evening star., 1936-08-30
TAXBASE. REACHES
|. PEAK IN FAIRFAX.
Assessment on Tangible
/ Personal Property Jumps
st
$313,621.
orec!al Dispatch to The Star.

/. FAIRFAX, Va, August 29-Reach-
Ing the highest peak in the history of
the county. tangible personal prop
Srty for the current year will carry an
assessed valuation Of $2,502,277, a
Jump Of S3l3,62l over the figure for
1895. 1t was announced this morning
by Fairfax County Commissioner of
Revenue James U. Kincheloe upon
completion Of the annual personal
property recapitulation.
Never before since the present sys-
tenn Of assessing taxes on . county
basis was established in 1920 has such
an increase been reported for a
single year, the commissioner stated.
While the jump in assessed valuations
Tor 1920 reached approximately $780,
900 over the former year, he explained
the increase did not actually repre-
sent so much new property, but rather
the assessing of great deal Of taxable
wealth that had been missed under
the old magisterial district system of
assessing.
. Likewise, on the basis of the sharp
Increase in assessed valuations for
this year, the county treasury is slated
to receive boost in tangible taxes
Alone of S6,776.78 over 1885. For the
past tax year tangible personal prop
erty carried an assessed valuation Of
2,1S8, SOS on which a tax of s40,784.27
was levied, the report Of the commits
sioner of the revenue reveals, and for
this year the tax amounts to s47.-
Jsl.05.
Intangible Total Also Up.
!: In the same category Commissioner
Kincheloe announced that the as
Sessed valuation of intangible per-
Sonal property in the county exceeded
last years total by $514,l10. likewise
fhe greatest increase since the estab-
1ishment of the new tax system.
: For 1885 intangibles carried total
Assessed valuation of $4,550,14l. while
for the current year the taxable value
Is $5.064,251.
. The tax on intangibles, all OF which
goes to the State treasury. for 1895
amounted to $3833S.26, and for this
year totals s4O,592.so, representing a
Jump of s2,25464 in taxes. ....
: While the total assessed valuation Of
antargibles has reached high figure
fhis year, it does not equal the peak
years around 1928 and 1880, the
commissioner declared. During those
years there were several taxpayers
who made heavy individual returns,
carrying the county total in the vicin-
Sty of 100000.
4: Under the heading of intangibles,
bonds, notes and other evidences Of
debt carry a total assessed valuation
of $3,470,1s7; money, sl,552,725. and
capital, $4l,329. A total of sl9.S22.50
Is assessed in State capitation taxes.
Total by Districts.
In the assessed valuation of its tan
Eible personal property, Providence
district stands first and Mount Vernon
district second. The former district
total is S644,113, on which a tax of
:el1,277.55 has been levied, while for
Mount Vernon district the total Is
:$401 SAT, with tax Of $6,96062.
{: For the other districts, total as
5essed values and taxes levied are as
follows:
: CentreviIle district, valuation $184,-
1892, tax $2,848.39; Dranesville district,
-valuat ton $282, ,O35, tax $S,12S2l; Falls
Church district, valuation $278,867, tax
sc, 1888; Lee district, valuation $780,
800, tax $2,213.70.
: Similar figures for incorporated
towns are: Town of Clifton, valua-
1ion, $l7,e15; tax, $227.50 Town of
Fairfax, valuation, $12e,420; tax,
80, ,o2417. Town Of Falls Church,
s2o6.6s3; tax, $3,SOS71.
sTown OF Herndons valuation, $12s,-
s495: tax. $2,640.14. Town Of Vienna,
valuation, $so,52o; tax, $l,2o6.7s.
Town Of West Falls Church, valua-
Zion, $7,100; tax, $111.47.
Real Estate Exceed Records.
The assessed valuation of real es-
tate for this tax year has also ex-
ceeded all previous records, increas-
ing by S446. sos over 1885. For this
year the total assessed valuation of
real estate. including improvements,
Is $12,20s,403 and for 1885 was SILL
762,795. The real estate tax for 1886
will be $245,84285, q boost of $l2,-
b76.55 over last year, when it
amounted to $233,266.30.
Tax rates on tangible personal
property and real estate for the pres
.ent tax year are as follows: Center
willie district, $1.62; Dranesville dis
.trict, $297; Falls Church district,
$232; Lee district. s1.62; Mount Ver-
non district, $180; Providence dis
trict, $1.79; town of Clifton, 1852;
town Of Fairfax, $179: town of Falls
Church, $2.10; town of Herndon,
.$297; town of Vienna, $l.79, and
town Of West Falls Church, Sl.57.
Rates for incorporated towns do not
Include special corporation levies,
which are assessed and collected by