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Story
September 7, 1933
Marion Progress
Marion, Mcdowell County, North Carolina
What is this article about?
County commissioners reviewed assessed values and budgets at their Monday meeting but postponed setting the tax levy until Thursday due to incomplete information and a significant drop in property valuations from initial forecasts.
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Full Text
UNABLE TO MAKE TAX LEVY. COMMISSIONERS RECESS TO THURSDAY
A study of assessed values, budgets and kindred tax matters was made by the county commissioners at the regular meeting held Monday. It had been expected the county tax levy would be made, but lacking some necessary information and to give time for further study of items in proposed budgets, the matter was postponed until Thursday, today, when it is expected the work will be completed.
It has been found on final revision of listed values that there is a considerable falling off in assessed valuation of county property. Tax officials had been very pleased with preliminary figures announced sometime ago, showing only a slight decrease. The figures, however, are materially lower than the initial forecast, it was said.
A study of assessed values, budgets and kindred tax matters was made by the county commissioners at the regular meeting held Monday. It had been expected the county tax levy would be made, but lacking some necessary information and to give time for further study of items in proposed budgets, the matter was postponed until Thursday, today, when it is expected the work will be completed.
It has been found on final revision of listed values that there is a considerable falling off in assessed valuation of county property. Tax officials had been very pleased with preliminary figures announced sometime ago, showing only a slight decrease. The figures, however, are materially lower than the initial forecast, it was said.
What sub-type of article is it?
Local News
Government Meeting
What keywords are associated?
Tax Levy
Assessed Values
County Budgets
Property Valuation
Commissioners Meeting
What entities or persons were involved?
County Commissioners
Tax Officials
Where did it happen?
County
Story Details
Key Persons
County Commissioners
Tax Officials
Location
County
Event Date
Monday; Postponed To Thursday
Story Details
County commissioners studied assessed values and budgets on Monday but deferred the tax levy to Thursday due to missing data and a larger-than-expected decline in property valuations.