The assessed valuation of property in the city in 1905 was $115,338,920 (about the true value), and the bonded debt $1,079,595.
Entrusted the collection of this tax to Master Boiamund (better known as Bagimund) de Vitia, a canon of Asti, whose roll of valuation formed the basis of ecclesiastical taxation for some centuries.
Boiamund proposed to assess the tax, not according to the old conventional valuation but on the true value of the benefices at the time of assessment.
Soc. xx.; Haacke, Schopfung des Menschen; Mitchell, " Valuation of Zoological Characters," Trans.
The total valuation is then divided into three equal parts, representing three groups of electors very unequal in number, each of which elects an equal number of delegates to the municipal duma.
The outgoing tenant must leave the straw and manure of the year, if he received them at the beginning of his lease, and even where he has not so received them, the owner may retain them according to valuation (Art.
The lumber and timber products were valued in 1905 at $10,901,650, almost twice their valuation in 1890, and an increase of 1.
The tax rate for 1920-I was $2.55 per $loo assessed valuation, divided as follows: state purposes, $o.18; public schools, $0.78; municipal government, $1.51; public library, $0.04; art museum, $0.02; zoological park, $0.02.
The assessed valuation of realty and personalty for 1920-I was $777,500,000.
In 1908 the assessed valuation of the city was $267,039,754.
Every year is attended by fresh " discoveries " in this prolific source of elementary substances, but the paucity of materials and the predilections of the investigators militate in some measure against a just valuation being accorded to such researches.
This has led to the estimation of sugar by means of the polarimeter, and of the calorific power of fuels, and the valuation of ores and metals, of coal-tar dyes, and almost all trade products.
The export in 1905 was 10,820,604 bags of 132 lb each, with an official valuation of £21,420,330.
Coffee and rubber, however, represent from 80 to 90% of the official valuation of all exports.
Per milreis (the official valuation adopted in 1906), the budget for 1907 provided for a revenue of 353,590,593 milreis and an expenditure of 409,482,284 milreis, showing a deficit of 55,891,691 milreis.
The coffee producers of Sao Paulo and other states found that the appreciation in value of the milreis was reducing their profits, and they advocated this measure (at first with a valuation of 12d.) to check the upward movement in exchange.
Next to the poor rate came that for highways, and other special rates have been authorized from time to time, as for police, education, public lighting, cemeteries, libraries, sanitary purposes, &c. To distinguish the rate the name of the precepting authority is frequently added or the purpose for which it is levied specified, as county rate, watch rate, &c. The valuation list of a parish is the basis on which the poor rate is levied.
This valuation list contains the gross estimated' rental and rateable value of all rateable property in the parish.
But in spite of the fiasco of the Irish Councils Bill (1907), the struggles over education (Mr Birrell's bill of 1906 being dropped on account of the Lords' amendments), the rejection by the peers of the Plural Voting Abolition Bill (1906), and the failure (again due to the Lords) of the Scottish Small Holdings Bill and Valuation Bill (1907), which at the time made his premiership appear to be a period of bitter and unproductive debate, a good many reforming measures of some moment were carried.
A complete re-valuation of properties in the county of London is made every five years, valuation lists being prepared in duplicate by the borough councils acting as overseers of the parishes in their respective boroughs.
Out of this fund certain expenses of guardians in connexion with the maintenance of indoor paupers and lunatics, the salaries of officers, the maintenance of children in poorlaw schools, valuation, vaccination, registration, &c., are paid.
Finally, under the heads of administration, mine valuation, mining education, accidents, hygiene and mining law, will be discussed matters having important bearing on mining operations.
The valuation of mines then involves the following steps: (1) The sampling of the deposit so far as developed, and assaying of the samples taken; (2) The measurement of the developed ore; (3) estimates of the probable amount of ore in the undeveloped part of the property; (4) estimates of probable profits, life of the mine, and determination of the value of the property.
His labours coincided in time with the great development of biology under the stimulus of the Darwinian theory, and the sympathizers with the new views, feeling the need of a comprehensive survey of the world as a whole, very widely accepted Spencer's philosophy at its own valuation, both in England and, still more, in America.
Queen Edith's crown had a plain circlet with, so far as can be determined, four crosses of pearls or gems on it, and a large cross patee rising from it in front, and arches of jewels or pearls terminating in a large pearl at the top. A valuation of these ancient crowns was made at the time of the Commonwealth prior to their destruction.
That instrument further prohibits each county, city, town and village from lending its credit and from creating an indebtedness in excess of 10% of the assessed valuation of its real estate.
An award must be infra vires: it must dispose of all the points referred; and it must be final, except as regards certain matters of valuation, &c. (see in Re Stringer and Riley Brothers, 1901, 1 K.B.
The assessed valuation of taxable property, in the city, in August 1906 was $201,585,127, of which $157,611,560 represented realty and $43,973,567 personality.
The valuation is about 60% of the actual value.
Apart from certain non-contentious provisions, such as a tax on motorcars, the main features of the measure were large increases in the spirit and tobacco duties, license duties, estate, legacy and succession duties, and income tax, and an elaborate and novel system of duties on land-values ("increment duty," "reversion duty," "undeveloped land duty"), depending on the setting up of arrangements for valuation of a highly complicated kind.
In the last decade of the 19th century the capital invested in these live-stock industries was estimated (by Bancroft) to exceed $700,000,000, but an official return of the 30th of June 1902 gave an aggregate valuation of only $120,523,158 (Mexican), or about £12,052,316.
At the end of 1908 the total public indebtedness of the republic was: The fiscal or tax valuation of property throughout the republic in 1904 was computed to be - the fiscal value being two-thirds of the real value: Total $1,053,849,446 Previous to 1905 all monetary transactions in Mexico were based in practice on a fluctuating silver standard and free coinage.
By a law of the 9th of December 1904, promulgated by an executive decree of the 25th of March 1905, the gold standard was adopted, and the silver peso, 9027 fine and containing 24.438 grammes of pure silver, was made the monetary unit with a valuation of .75 grammes of gold.
Except in the case of railways, telegraph and telephone lines, savings banks, building and loan associations and fire insurance companies, the taxes are assessed and collected by town officers, but every fourth year the county commissioners are required to inspect the taxable property in the towns and report any misappraisal to the state board of equalization whose duty it is to equalize the valuation of property in the several towns.
It was largely due to him that state laws were passed for taxing railways according to valuation (1903), for nominating all candidates for public office by direct vote of the people (1904), and for regulating the railways in the state through a state commission (1905).
The assessed property valuation of the city in 1909 was $54,226,261, being about 42% of the actual valuation.
In the early scheme, at a time when a pecuniary valuation had replaced land and its appurtenances (res mancipi) as the basis of qualification, five divisions (classes) were recognized whose property was assessed respectively at Ioo,000, 75,0 00, 50,000, 25,000 and Ii,000 (or 12,500) asses.
The sale of his Netheravon estates in Wiltshire to the War Office in 1898 occasioned some acrid criticism concerning the valuation, for which, however, Sir Michael himself was not responsible.
The valuation of these allotments was made at a rate much more advantageous than in Russia, and the average size of holding amounted to 15 acres per family.
But when the results of these tables proved the importation to be very much greater than the exportation, the conviction arose that the valuation of thc exports was erroneous and below the reality.
The valuation of pyrolusite is generally carried out by means of a distillation with hydrochloric acid, the liberated chlorine passing through a solution of potassium iodide, and the amount of iodine liberated being ascertained by means of a standard solution of sodium thiosulphate.
Boards of Revision and Boards of Supervision then equalize the assessments in the counties and townships, while a State Board of Equalization seeks to equalize the total valuation of the various counties.
The tendency is for property valuations to decline, the estimated valuation from 1873 to 1893 decreasing 27% in Cook county and 39% in the other counties, while the assessments from 1888 to 1898 were in inverse ratio to the increase of wealth.
There has also been great inequality in valuations, the increase of valuation in Cook county made in compliance with the revenue law of 1898 being $200,000,000, while that for the rest of the state was only $4,000,000.
The valuation of the city and suburbs, which was $14,156,000 in 1860, was $74,000,000 in 1872.
The farms of Arkansas increased in number 357.8%, in area 73.7% and in total true (as distinguished from tax) valuation about 53.8% between 1860 and 1900; the decade of most extraordinary growth being that of 1870-1880.
==Finance== The constitution makes 1% on the assessed valuation of property a maximum limit of state taxation for ordinary expenses, but by an amendment of 1906 the legislature may levy three mills on the dollar per annum for common schools; and may " authorize school districts to levy by a vote of the qualified electors of such district a tax not to exceed seven mills on the dollar in any year for school purposes."
But it did more than this; by the king's instructions it endeavoured to make a national valuation list, estimating the annual value of all the land in the country, (1) at the time of King Edward's death, (2) when the new owners received it, (3) at the time of the survey, and further, it reckoned, by command, the potential value as well.
The great bulk of Domesday Book is devoted to the somewhat arid details of the assessment and valuation of rural estates, which were as yet the only important source of national wealth.
The total assessed valuation of property grew from $666,399,985 in 1880 to $1,217,648,683 in 1900 and $1,879,728,763 in 1907.