Rensselaer Semi-Weekly Republican, Volume 22, Number 93, Rensselaer, Jasper County, 9 August 1901 — Increase in Tax Assessment. [ARTICLE]

Increase in Tax Assessment.

The total increase over last year made by the state board of tax commissioners in its assessment of the corporate property of the state is $25,201,644. About $20,000,000 of this showing of increase is due to the operation of the new tax laws, giving the state board original jurisdiction in the assessment of street railway companies, pipeline companies and transportation car companies, leaving the actual increase something over $5,000,000. The cars of transportation companies have not been assessed before in Indiana. Their assessment alone this year adds $2,496,255. The increase in railroad property is $3,511,110. The assessment of the greater railway companies operating in the state does not show any increase over last year.