Carrol Daily Times Herald from Carroll, Iowa on June 19, 1974 · Page 16
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Carrol Daily Times Herald from Carroll, Iowa · Page 16

Carroll, Iowa
Issue Date:
Wednesday, June 19, 1974
Page 16
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Page 16 article text (OCR)

Tax Board Boosts Capitalization Rate on FarmRealty By Harrison Weber Iowa Dally Press Association DBS MOINES — The State Board of Tax Review has increased the capitalization rate on agricultural realty from six to six and one-half per cent. This is the rate by which income from agricultural land is capitalized for the purpose of determining one-half of the assessed value of such depending upon which property for property tax Times Herald , Carroll , , a . jurisdiction the sale took purposes. Wednesday, June 19, 1974 I / place, fills in additional The other half of such value information and sends the spurgeons Noytsx Summer SriLE! First Time Ever Sale"Cross Your Heart" Bras Stretch Bras *| Reg. 5.95 With undercup support panels and lace cups! Style #,120 with soft cups. #122 with fiberfill cups. is based on market value. The determination of the capitalization rate for agriculture is the responsibility of the State Board of Tax Review and the rate is applied by the local assessor in determining the assessed value of farm land. The Board of Tax Review is comprised of E. A. Hicklin, Wapello; Keith McKinley, Osage; and Louis Nussbaum, Des Moines. Since 1966, the Legislature has passed laws specifically requiring the State Revenue Director to order the equalization of the levels of assessment of each class of property. The purpose of equalization is to determine that the level of assessment for each class of property is 27 per cent of its fair market value. Equalization attempts to insure that neither agricultural, residential, commercial or other types of property are assessed at a higher or lower rate than anyone of the other classes. Agriculture realty includes farms with buildings as well as farms without buildings. The level of assessment is determined by accumulating data on real estate sales for each class of property. The county recorder fills in basic data on a sheet called as assessment-sales ratio sheet. The city or county assessor, completed sheet to the revenue department. The data is verified by the department through various sources to place additional validity to the sheet. The sheets are grouped resulting in a sample for the assessing jurisdiction. The sample indicates whether the level of assessment is higher or lower than the 27 per cent statutory requirement. The only class of property which is handled differently is agriculture realty. For agriculture realty, in addition to the assessment-sales ratio sheets, an income factor is applied on a county-wide basis. Each of the two factors is given equal weight in the determination. BREHNY S MARKET WEST 3rd STREET - PRICES GOOD THRU TUESDAY, JUNE 25 U.S.D.A. CHOICE Blade Cut BEEF ROAST U.S.D.A. CHOICE COOK-OUT STEAK 79 Lesson Given On Mechanics Padded Bra Reg. 5.50 Style #56 fully padded lace cup, bra, all stretch. Two long-time favorite "Cross Your Heart" Bras Style #181 stretch bra with lace cups, regular straps. Reg. 4.50 2 for'7.99 Style #187 stretch bra with lace cup, stretch straps. Reg. 5.50 2 for 9.49 Sale! "Free Spirit" 8 bras and J panty briefs, all styles ... / save 1.01 each! ' The Girls of Summer j wear Playtex and / Charge it at Spurgeon's 189 1656 9 masiei (ftatge MANNING — An extension lesson on Powder Puff Mechanics was featured at the Homemakers Club meeting June 12 at the Manning City Park. Carol Muhlbauer and Dorothy Fonken were in charge of the lesson. Janet Spoils, a guesl, joined Ihe club. Peggy Schroeder and Florence Karslen were olher guesls and 22 members allended. Joan Ramsey was in Relatives See Mrs. Spafford AUBURN — Mrs. John Snyder and sons Paul and Todd of Minnelonka, Minn., were weekend guesls of her mother, Mrs. Zillah Spafford. Mr. and Mrs. Ado Schrad were honored at a surprise party al Iheir home Salurday evening for Iheir 20lh wedding anniversary wilh their children as hosts. The anniversary was June 10. In the group of 20 were their atlendanls 20 years ago, Mrs. Gene Boeckman of Carnarvon and Donald Schrad. The evening was spent socially and refreshments were served. '.''. .', : '.',. Mr. and Mrs. Walter Wilbert of Husley were guesls al dinner Sunday al Van's Cafe wilh Mr. and Mrs. Waller Oeslreich as hosls. charge of enlertainment, wilh prizes going lo Sally Veller and Irma Muhlbauer. Twenly members and five associale members allended Ihe Zion Ladies Aid June 12 meeling in Ihe Lulheran fellowship hall. Paslor Heinicke led Ihe group in devolion and Ihe lopic. "Where Are Ihe Young People?" Susan Schilling gave Ihe Chrislian Growlh lopic "He Called Me." Presidenl Johanna Danneman opened the business meeting. The group was reminded of Ihe dislrict convention al Okoboji, June 27-29. Church cleaning day will be held on June 18. On June 21 at 6:30 p.m. there wll be a potluck supper al the city park for all the women of the congregation and their families. Hostesses were Leola Kuhl, Amanda Kruse and Evelyn Vollstedl. 1 Fresh 1 Ground Beef I U.S.D.A. Choice I Round Steak 1 Baby I Beef Liver • Wilson Savory 1 Franks 1 Falstaff I Beer I 16-Oz. 1 Dr. Peooer $1 99 3 Lbs 1 Lb*l 19 U.49-: $1 39 ,.2.Lb. ng. 1 ^-,,« $ 1" __s « 79« Wilson all-meat Sliced Bologna ... Homemade Country Style Link Sausage Loin Pork Roast Morrell Frontier Bacon Northern Toilet Tissue Flyded lnQp»rt Snrav Ib 69<| ,69<| Ib 69<| Ib 49<| ^«55 C | COC I 10,07 <J f I California 'B' Size White Potatoes 10 Ibs. Wagner Orange Drink 54 Welch Grape Jelly 2o-oz. Open Pit B.B.Q. SAUCE 49< Wizard Charcoal Lighter at. Shurfresh Stick Oleo ib. Old Home Sweet Rolls pu g . Prize of Iowa Butter 39< 55< with coupon without coupon 48" Good only at Brenny's Market thru June 25 1 coupon per family Heinz Ketchup -32-oz. Elberta Peaches -29-oz. Western Dressing _i6-oz. -32-Oz. I Catalog Sales /\AONTGO/V\ER REFRIGERATOR SALE IN STOCK ^v FOR IMMEDIATE DELIVERY ONE CALL—ONE STOP ) DOES IT ALL SHOP WARDS CATALOG PAINT SALE EFFECTIVE 7 DAYS DRESS UP YOUR HOME AT HANDSOME SAVINGS Inn ii iiiinniiNi' INTERIOR AND EXTERIOR LATEX PAINTS SAVE»3 b-.nq i^e lobe! o( ih.v pcj.nt to you" neoie\t W u i d i b i o n c h and w p wll fu'rmh enough pu nt lo >niui e cover- oqe O'. ot you' w ,'| refund the complete purchase pnce GUARANTEE Thu paint M guaranteed tocover any color pomled tuiface wilh one cqai (e»cept tough wood vhmglei, ihaket and ilucco) when applied according to label directionv at a iute not lo exceed 400 tq ft pei gallon If Ihn patnt (aill lo cover ov itoted her e. bung the label of thu pamt lo your nearest Ward* bianch rtnd we will enough paint lo imui e coverage or, at your option, will refund the complete purchase pi ice. w*HV DOMS KI Cut ALL FROSTLESS SIDEBY-SIDE, 3 DOOR, 20.3 CU. FT. REFRIGERATOR Freezer Holds 244 Ibs. !R!??SEXT ] Ac\ EP lOP t 424 Reg. $484.95 • Giant 244 Ib. Freezer section with slide out basket • Handy rollers move it easily • 3rd Door saves energy • 7 Day meat keeper • Big crisper • Ice maker $40 extra • 4 colors Freezer Holds 166 Ibs. ALL FROSTLESS 17 CU. FT. DELUXE REFRIGERATOR 302 88 Reg. $354.95 REDECORATE BOTH INSIDE AND OUT YOUR CHOICE 3 99 GALLON ACRYLIC LATEX 99 6 c/i REG. 9.99 #1733 • Choice of 4 colors • Convertible doors • Cold controls adjust separately • Moves on rollers • Ice maker extra l#1433| 14.T-CU. FT. REFRIGERATOR] WITH SLIDE-OUT SHELVES 88 Reg. $264.95 White only 244 REG. 5.99 WARDS EXTERIOR LATEX WHITE HOUSE PAINT Dries to a flat finish on wood, stucco and masonry. Resists moisture and blistering. Dries quickly. Cleans with soap, water. REG. 6.99 INTERIOR FLAT PAINT IN 15 MODERN COLORS One coat covers any color with a durable finish. Dries in 30 minutes. Easy soapy water clean-up. Apply with brush or roller. Guaranteed one-coat. Durable paint is non-yellowing, non- fading and weather-resistant. Excellent for wood, stucco, masonry and primed metal. Choose from 30 great colors. Fast dry. 9115-6 WARDS HAS ALL PAINT IN STOCK. THE WAY TO SHOP THIS SEASON IS WITH YOUR CHARC-ALL CARD AT WARDS Hwy. 30 East, CARROLL 792-3513 JUMBO 7.99 ea. .*'•• BEACH TOWELS JAQUARD 5.99 ea. 2/8 98 * 2/1198* SPECIAL BUYS IN STOCK HURRY/ QUANTITIES LIMITED CORDLESS GRASS SHEARS 1444 WITH HANDLE 19.44* 1943 792-3513 Hwy. 30, East, CARROLL USE WARDS (HARC-ALL PLAN SERVICE NATIONWK Prompt service and factory par YOUat LIKE WARDS

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