WILLIAM B. FELLOWS Secretary of the Commission Died May 2, 1920 FLETCHER HALE Appointed Secretary for the unexpired term May 12, 1920 REPORT CONCORD, N. H., December 1, 1920. The state tax commission submits its tenth report, showing in detail the assessment of the public utility corporations, a summary inventory of all the taxable property and the taxes in each city and town, the equalized valuation of each city and town upon which the apportionment of the state tax is based for 1921-1922, financial statistics uniformly arranged, and a summary analysis of all receipts and expenditures of the several counties and muncipalities. The figures showing the valuation of property and the amount of taxes are as of April 1, 1920. The financial statistics of towns are for the fiscal year ending January 31, 1920; those of school districts for the fiscal year ending August 31, 1920; and those of the counties for the fiscal year ending December 31, 1919. The fiscal year of the state is from September 1 to September 1. Experience, common sense and good bookkeeping would seem to demand that a system be devised under which the various subdivisions. of government shall open and close their books on dates as nearly uniform as may be. The assessed valuation of taxable property in the state is $511,456,583; an increase of $41,598,412 over the total for 1919. This increase is made notwithstanding a loss of $9,353,734 in the valuation of vehicles, due to the exemption of resident automobiles from taxation and the substitution of the registration permit fee, so that the real increase in valuation over that of 1919 is $50,952,146, or about 11%. The amount of taxes committed to all collectors for all purposes is $12,736,641, an increase of 5 |