According to Sweetwater County Assessor, Pat Drinkle, the valuation numbers for the County have been certified by the State Board of Equalization. This process is the final “stamp of approval” for the County’s valuation. All of the “local assessed property” (residential improved and vacant, commercial improved and vacant, mobile homes, personal property, agricultural and some industrial) must meet very strict statistical requirements. All of the numbers were in compliance. The actual numbers for 2012 and 2013 are:
Locally Assessed - 2012 $ 645,165,381 2013 $ 678,454,439
State Assessed – 2012 Minerals $2,007,299,074 2013 $1,824,939,187
State Assessed – Other 2012 $ 200,734,226 2013 $ 199,682,352
Total Assessed Value 2012 $2,853,198,681 2013 $2,703,075,978
As evidenced by the numbers, Mineral Production (Oil, Gas, Coal, Trona, and Sand and Gravel) is the main component of Sweetwater County’s total valuation. Natural gas was down substantially this year, but oil, coal, and trona were all up over last year making the gas decline a little easier to handle. These valuation numbers are used by the county, school districts, cities/towns and all the special districts throughout the county to budget for the upcoming fiscal year. The reduction in valuation from 2012 to 2013 was anticipated and all taxing authorities were advised to plan accordingly when budgets were submitted last year.
Locally Assessed - 2012 $ 645,165,381 2013 $ 678,454,439
State Assessed – 2012 Minerals $2,007,299,074 2013 $1,824,939,187
State Assessed – Other 2012 $ 200,734,226 2013 $ 199,682,352
Total Assessed Value 2012 $2,853,198,681 2013 $2,703,075,978
As evidenced by the numbers, Mineral Production (Oil, Gas, Coal, Trona, and Sand and Gravel) is the main component of Sweetwater County’s total valuation. Natural gas was down substantially this year, but oil, coal, and trona were all up over last year making the gas decline a little easier to handle. These valuation numbers are used by the county, school districts, cities/towns and all the special districts throughout the county to budget for the upcoming fiscal year. The reduction in valuation from 2012 to 2013 was anticipated and all taxing authorities were advised to plan accordingly when budgets were submitted last year.
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