People's Pilot, Volume 5, Number 8, Rensselaer, Jasper County, 15 August 1895 — ASSESSMENTS TOO LOW. [ARTICLE]

ASSESSMENTS TOO LOW.

Indiana's State Board of Equalization to Act. Indianapolis, Ind., Aug. 15.—Comparisons of the real estate assessments in the several counties in the state have convinced the state board of equalization that many of the counties, taking advantage of the recent depression, have reduced their assessments too much, and it was decided to raise assessements’ in fifty of the ninety-two counties in the state. The assessments will be increased from 10 to 35 per cent, thus restoring the valuations of 1891. Some counties under the last assessment have increased their valuation over $1,000,000, while others have reduced theirs more than that amount.