The Durant news. (Durant, Miss.) 1882-1985, 1938-09-01
Additional Blank Must
Be Filed In Order To
Get Tax Exemption
Roy Lyon. Tox Assessor.
Urges Toxpoyers To
Tuke Action Now

All persons wanting to get the
benefit of the law for 1888 Taxes are
required to file an additional blank
All persons who have not filed q
blank up until this time may file
the blank that was for State Taxes
only with this additional blank. AL
homeowners will then be entitled to
an exemption not only Of State Taxes
but part of their county taxes. AL
bonds and interest will still be col.
lected against all property. Money
will be sent back from the State to
replace THE EXEMPTION MON
EY.' 1t has been estimated tina,
savings from 20 per cent up to as
high as 80 per cent on homeowners
property will result from the Elk
emption Law as signed by the Gov
ernor Friday, August 10, 1888. The
difference in the taxes will depend
on the different rates In different
districts. The County wide rate for
Bonds and interest for 1887 was 31a
mills. The rate for state and county
taxes for the property located within
the Town of Durant was 81 mills. A
homeowner who got the Exemption
for 1887 taxes paid on the rate of n
mills being SGT on each $1,000 assess
ment and under the New Law will
pay on the rate of 11h mills being
$11.50 on each $1,000 assess
ment. All homeowners can save
some money on their taxes. The
Exemption Law now allows up to
$4,000 valuation instead Of $500. New
blanks will be sent to the Tax AS
sors by the State Tax Commission
as soon as same can be printed.
1t will do my best to be in the
different communities to get the
blanks signed. All homeowners are
requested to get their 1887 tax re-
'eipts ready ~ you win b required
o give the number OF same and the
amount OF your taxes for this year.
You will have to give the in
formation whom you bought your
home from and what year so If you
do not know please find out for this
is necessary in order to get the ex-
emption. The Exemption Law COW
ers several pages and gives the diff
ferent duties required to be perform
ed by the different County Officers.
THE LAW SAYS IF AN APPLI-
CATION rs REQUESTED
! take the position that all home
ownes will want to get the Exemp-
ton, therefore I will cooperate to the
best of my ability to help you save
what you can on your taxes.
I am sorry that additional blanks
have to be signed but as this is
necessary I ask each one to please
help me pass this information around
SO that all homeowners may sign
up and get the exemption when they
pay their taxes in February CESS
Taxes). Regardless OF how you think
the Exemption Law should have been
passed If you own your home and
want the Exemption then you will
have to give in the information be-
cause these Exemption Blanks will
have to be presented to the Board
of Supervisors for action and then
be filed with the Chancery Clerk fol-
three years.
There are around 1000 homeowners
who can save money on their taxes
The Exemption Law will save you
money this year on your home. II
you do not sign the application fol-
same you will not get the Exemption
The time is limited to get all the
blanks filled out and your coopera.
ton is asked in this matter. Watcf
the paper for further details.
Roy Lyon.